The forecast for Total Internal R&D Personnel in the Canadian aerospace manufacturing industry shows a consistent decline from 2024 to 2028. From 2024 to 2025, there is a decrease of 4.09%, followed by a 3.93% decline from 2025 to 2026. The trend continues with reductions of 4.10% and 4.27% in 2027 and 2028, respectively. Starting from an actual figure of 3.31 thousand in 2023, the compound annual growth rate (CAGR) over these years signals an average annual decrease of 4.41%.
Future trends to watch for include:
- Technological advancements that could streamline R&D efforts, potentially altering personnel needs.
- Shifts in global demand, affecting investment in R&D personnel.
- Government policies and funding affecting R&D initiatives in aerospace.
