In 2023, the number of persons employed in the renting and leasing of agricultural machinery and equipment in Germany stood at approximately 4.7 thousand employees. Forecasted data suggests a steady growth in employment from 2024 to 2028, with year-on-year increases averaging around 3.3%. The projection culminates at 5.52 thousand employees by 2028, reflecting a compound annual growth rate (CAGR) of 3.1% over this forecast period.

Future trends to watch for:

Technological advancements in agricultural machinery may influence employment needs, potentially automating some tasks.
Policy changes regarding agricultural practices and sustainability could impact leasing demand.
Economic conditions and agricultural commodity prices may affect the overall growth trajectory.