The turnover in Germany’s motor vehicles, trailers, and semi-trailers sector stands at 566.88 billion Euros in 2024, forecasted to grow annually by approximately 1.6% by 2028, reaching 602.46 billion Euros. Year-on-year growth rates indicate a stable upward trend from 2024 to 2028, driven by continued developments in the automotive industry and robust domestic demand.
Key future trends to watch for include advancements in electric vehicle technology, shifts in consumer preferences towards eco-friendly transportation solutions, and potential regulatory changes promoting sustainability. These factors are likely to impact market dynamics and present new opportunities for growth and innovation.
Maintained growth rates suggest positive market conditions, though external factors such as global economic health and supply chain stability will be critical in shaping future performance.
