The fluid power equipment industry in Germany is expected to see a steady increase in hours worked from 2024 to 2028. Starting from an estimated 98.817 million hours in 2024, the forecast indicates a growth trend reaching 107.84 million hours by 2028. Analyzing year-on-year growth, the industry's hours worked increase by approximately 2.3% annually during this period. Over the five-year horizon from 2024 to 2028, the compound annual growth rate (CAGR) is a moderate 2.2%.

Future trends to watch for:

Technological advancements in automation within the fluid power sector could impact the efficiency and demand for labor.
Economic conditions and government policies that influence industrial sectors could alter growth projections.
Environmental regulations mandating cleaner and more efficient equipment could drive innovation and affect labor needs.