The sold production of crane lorries in Germany was valued at 2.900 billion Euros in 2023. The forecast data indicates a steady increase from 2024 through 2028, starting at 2.9526 billion Euros in 2024 and reaching 3.1707 billion Euros by 2028.
The year-on-year variations show:
- 2024: +1.8% increase from 2023
- 2025: +1.87% increase from 2024
- 2026: +1.82% increase from 2025
- 2027: +1.77% increase from 2026
- 2028: +1.73% increase from 2027
The Compound Annual Growth Rate (CAGR) over the last five years is 1.8%, reflecting a consistent positive trend in the market.
Future trends to watch for include advancements in crane lorry technology, increasing demand in construction and logistics sectors, and potential economic factors that could affect production and demand. Additionally, sustainability initiatives and regulation changes could significantly impact market dynamics.
