The forecasted sold production of parts of land vehicles using nodular iron castings in Germany indicates a steady growth from 2024 to 2028. As of 2023, the value stood at an undisclosed amount, rising to €1.2405 billion in 2024. Over the next four years, this figure is projected to increase yearly, reaching €1.3418 billion by 2028. The year-on-year growth percentages are indicative of a stable and rising trend in the industry, with the Compound Annual Growth Rate (CAGR) showing a consistent upward trajectory over the five-year period.

Future trends to watch for include:

Technological advancements in manufacturing processes, potentially boosting production efficiency.
Changes in automotive industry regulations affecting demand for specific parts.
Shifts towards electric and hybrid vehicles influencing material use and requirements.