Forecast: Employment in Maintenance and Repair of Motor Vehicles Sector in Belgium

Over the past decade, the employment in the maintenance and repair of motor vehicles sector in Belgium showed fluctuations, peaking in 2015 at 11.17k FTE and reaching a low in 2020 at 8.53k FTE. The year 2023 recorded an employment value of 9.97k FTE. The sector has been experiencing an annual average decline of 0.82% over the recent years (forecasted CAGR from 2024 to 2028). Despite short-term recovery post-2020, the long-term trend remains downward.

Future trends to watch for:

  • Technological advancements in vehicle maintenance, such as automation and AI integration, potentially affecting labor demands.
  • The rise of electric vehicles (EVs) which may change the nature and frequency of repair needs.
  • Economic factors and post-pandemic recovery impacting consumer spending on vehicle maintenance.

Top Countries about Auto Repair