The sold production of lifts, skip hoists, escalators, and moving walkways in Germany is forecasted to decline significantly from 2024 to 2028, with a reduction from 5.07 thousand items to 1.1 thousand items. This suggests a negative growth trend over the coming years. Comparing year-on-year data: from 2024 to 2025, there is a decline of approximately 19.9%; from 2025 to 2026, a further decline of 24.6%; from 2026 to 2027, about 32%; and from 2027 to 2028, the sharpest drop at 47.1%. The compound annual growth rate (CAGR) from 2024 to 2028 indicates an annual reduction of approximately 32.3%.
Future trends to watch for include potential recovery or continued decline, influenced by factors such as technological advancements, demand for urban development, and economic conditions. Monitoring government policy and infrastructure investment could also provide insights into market dynamics in this sector.
