Based on the forecasted data for the number of persons employed in the motorcycle industry in Sweden, the trend shows a slight year-on-year decline. For 2024, the employment is projected to be at 33.55 thousand, decreasing slightly to 33.33 thousand in 2025, 33.11 thousand in 2026, 32.9 thousand in 2027, and 32.69 thousand in 2028. Compared to the base year of 2023, where the employment stood at 33.77 thousand, the annual variation shows a steady decrease.
Year-on-year variations indicate minor reductions in employment, suggesting the industry might face subtle challenges in sustaining its workforce. This gradual decline results in a compound annual growth rate (CAGR) of -0.5% over the five-year period.
Future trends to watch for include potential technological advancements leading to job displacement, the impact of regulatory changes promoting electric motorcycles, and evolving consumer preferences towards sustainable modes of transportation. Monitoring these factors will provide insights into the industry's employment trajectory.