Forecast: Number of Persons Employed in Repair of Consumer Electronics Sector in Germany

From 2024 to 2028, the employment in Germany's repair of consumer electronics sector is projected to decrease from 3,340 to 2,650 employees, representing a continuous decline. This trend demonstrates annual reductions between 4-6% over the period. The compound annual growth rate (CAGR) for 2024 to 2028 indicates a negative trend, highlighting a shrinking industry in response to potential technological advancements and evolving consumer preferences.

Future trends to watch for include:

  • Increasing automation and efficiency in repair processes.
  • Growing demand for sustainable practices and repairability of electronics.
  • Potential shifts in consumer behavior towards purchasing extended warranties and services.

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