The production value of non-automatic lubricating pots, greasing nipples, oil seal rings, hand wheels, levers, hand grips, safety guards, and baseplates for machinery in Germany is projected to rise steadily from €1.361 billion in 2024 to €1.4049 billion in 2028. The year-on-year growth rates are relatively consistent, at approximately 0.8% to 0.9% annually. These figures suggest a stable increase, reflecting a moderate demand for these industrial components. In 2023, the value stood significantly lower, highlighting this upward trend.
Future trends to watch for include potential impacts from technological advancements, shifts in industrial regulations, and changes in global supply chains that could influence production methods and costs, possibly affecting the growth trajectory in this sector.
