The forecasted sold production of overhead travelling cranes on fixed support in Germany indicates a declining trend from 2024 to 2028. In 2023, the sold production stood at 217.96 million Euros. The year-on-year percentage variation is as follows: from 2024 to 2025, there is a decrease of 1.75%; from 2025 to 2026, a decrease of 1.75%; from 2026 to 2027, a decrease of 1.78%; and from 2027 to 2028, a decrease of 1.81%. The Compound Annual Growth Rate (CAGR) over the last five years (2023-2028) shows an average annual decrease of approximately 1.85%.
- In summary:
- Declining trend in sold production from 2024 to 2028.
- 217.96 million Euros in 2023.
- Decrease of approximately 1.75% to 1.81% year-on-year.
- CAGR: -1.85% over the five-year period.
Future trends to watch for include technological advancements in crane manufacturing, potential shifts in industrial demand, and changes in global economic conditions that may impact export opportunities for German-manufactured cranes.
