In 2023, the final consumption of fuel oil in the transport equipment sector in Germany was higher than the forecasted value for 2024, which is set at 4.35 Gigawatthours. The year-on-year decrease in consumption is projected from 1.61% between 2024 and 2025, to 0.92% between 2027 and 2028, suggesting a consistent downward trend. Over the 2024-2028 period, the compound annual growth rate (CAGR) is projected to be negative, indicating on average a decline each year.

Future trends to watch for:

Increased adoption of renewable energy sources in transportation, further diminishing oil use.
Stricter EU regulations on carbon emissions influencing industry adjustments.
Technological advancements in energy efficiency within the transport equipment sector.