In 2023, the sold production of fork-lift trucks and other works trucks fitted with lifting or handling equipment in Germany was €13.8 million. Forecasts indicate an upward trend, predicting growth from €14.061 million in 2024 to €15.11 million by 2028. This progression illustrates a steady annual growth rate, with an approximate CAGR of 1.83% over the forecast period. The year-on-year increases highlight consistent market expansion.
Future trends to watch for:
- Technological advancements enhancing operational efficiency.
- Growing demand for automation in logistics and manufacturing sectors.
- Potential impacts of environmental regulations and green technology implementation.