In 2023, the number of employees in the UK dedicated to the repair and installation of industrial machinery and equipment stood at 101.9 thousand. The forecast shows a slight annual decrease of approximately 0.14% for the upcoming years, with figures dropping to 101.76 thousand in 2024 and eventually to 101.2 thousand by 2028. Over the five-year period, the compound annual growth rate (CAGR) indicates a subtle negative trend, signaling a slight contraction by the end of the forecast period.

Future trends to watch for include:

The impact of technological advancements on labor requirements, as automation may reduce the need for manual installation and repair work.
Fluctuations in industrial investment, which could either mitigate or exacerbate the decline in employment within this sector.
Potential policy changes or economic conditions that may affect employment numbers, such as training initiatives or shifts in manufacturing and industrial priorities.