In 2023, the number of enterprises in the machinery sector for mining, quarrying, and construction in Germany was not explicitly stated, but presumably around 347. By 2024, forecasts indicate a slow decline beginning at 345, continuing to 337 by 2028. Each year, the sector is projected to decrease by approximately 0.6% year-on-year, revealing a downward trend in the number of enterprises within this industry. The five-year compound annual growth rate (CAGR) of the forecasted period is negative.
Future trends to watch for include technological advancements and automation potentially affecting enterprise numbers, as well as evolving regulatory and environmental standards impacting the sector's growth and consolidation.
