The forecast for the import of lightning arresters and voltage or surge limiters of 1 kV and more to Germany shows a declining trend from 2024 to 2028. In 2023, the import volume was slightly higher than the forecast for 2024, indicating a cautious outlook for growth in this sector. Year-on-year, the import volume is expected to decrease marginally, with percentages reflecting slight annual reductions in weight.
The compound annual growth rate (CAGR) from 2024 to 2028 indicates an average decline in import volume per year. This emphasizes a need for stakeholders to monitor evolving global supply chain dynamics and technological advancements in electrical infrastructure that might influence future demand.
Future trends to watch include:
- Technological advancements in renewable energy integration impacting equipment demand.
- Regulatory changes in the EU that could affect importation requirements.
- Economic conditions in Germany influencing infrastructure investment levels.