The turnover for the manufacture of bodies (coachwork) for motor vehicles, trailers, and semi-trailers in Germany was 12.76 billion Euros in 2023. From 2024 to 2028, forecasts indicate a steady increase: from 12.98 billion Euros in 2024 to 13.92 billion Euros in 2028. This represents a year-on-year growth of approximately 1.85% in 2025, 1.74% in 2026, 1.78% in 2027, and 1.68% in 2028. The compound annual growth rate (CAGR) over these five years is projected to be around 1.81%.
Future trends to watch for:
- Technological advancements in the automotive industry influencing manufacturing processes.
- Government regulations on emissions and safety standards shaping product designs.
- Potential impacts of supply chain disruptions and economic fluctuations on production costs.
- Shifts in consumer demand towards sustainable and innovative vehicle designs.
