Forecast: Automotive Output in Denmark

The automotive output in Denmark stood at 1.51 billion Euros in 2023. From 2024 to 2028, the forecasted output values show a slight decline to 1.5 billion Euros and stabilizes at this level through the period. Year-on-year variation from 2023 to 2024 is approximately -0.6%. The CAGR from 2024 to 2028 is virtually 0%, indicating stagnant growth for the Danish automotive industry.

Future trends to watch for include advancements in electric vehicle technology, potential changes in consumer preferences, and regulatory shifts towards sustainable practices. External economic fluctuations and supply chain disruptions are also critical factors influencing the automotive sector's stability and growth.

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