In 2023, Japan led the global transport equipment manufacturing sector with 1.26 million jobs, reflecting a 0.71% increase from the previous year, while Italy saw a significant decline of 0.59%. Spain experienced a modest growth of 0.019%, whereas Austria and Estonia showed more robust job growth at 0.22% and 6.79% respectively. The Netherlands and Iceland remained stable with no variation. Over the past five years, the sector has seen varying trends, with Estonia showing the highest Compounded Annual Growth Rate (CAGR).
Future trends to watch include the impact of automation and digitalization, geopolitical influences, and shifts in global supply chains, which could significantly affect job distributions and growth in the transport equipment manufacturing sector worldwide.
Top countries in Employees in Transport Equipment Manufacturing Sector by Country
| # | 7 Countries | Thousand Units (Jobs) | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Japan | 1,260 | 2023 | +0.079% | +0.71% | View data |
| 2 | 2 Italy | 257 | 2023 | -1% | -0.59% | View data |
| 3 | 3 Spain | 207.6 | 2023 | +2.93% | +0.019% | View data |
| 4 | 4 Austria | 48.53 | 2023 | -0.37% | +0.22% | View data |
| 5 | 5 Netherlands | 42 | 2023 | 0% | 0% | View data |
| 6 | 6 Estonia | 4.82 | 2023 | +7.35% | +6.79% | View data |
| 7 | 7 Iceland | 0.1 | 2023 | 0% | 0% | View data |
