The forecast for the sold production of steam generators, excluding central heating hot water boilers, in Germany shows a gradual decline from 2024 to 2028. In 2023, the production value was approximately 357 million Euros. Year-on-year, the sector is expected to shrink by around 2.14% in 2024, 2.15% in 2025, 2.16% in 2026, 2.19% in 2027, and 2.22% in 2028. The compound annual growth rate (CAGR) over this forecast period is approximately -2.17%.
Future trends to watch for include:
- Technological advancements in energy efficiency and emission reduction.
- Potential shifts in demand due to energy policy changes and environmental regulations.
- Innovations in alternative energy sources potentially affecting steam generator demand.
- Expanding markets outside of Germany may present opportunities for increased export activity.
