The sold production of electrical lighting or visual signaling equipment for motor vehicles in Germany is projected to decline annually from 2024 to 2028. Starting at 14.765 million kilograms in 2024, it is expected to decrease to 6.5017 million kilograms by 2028. Compared to 2023, there is no baseline data provided. However, using the available forecast period, the year-on-year decline averages around 17% annually, with a compound annual growth rate (CAGR) of approximately -20% over the five years.
Future trends to watch for include advancements in vehicle technology and shifts towards electric vehicles, which may influence demand for different lighting systems. Additionally, energy efficiency regulations and the adoption of smart lighting technology could impact production trends.
