Based on the data:
- 2024: €7.2512 billion
- 2025: €6.8821 billion (−5.07%)
- 2026: €6.5166 billion (−5.31%)
- 2027: €6.1549 billion (−5.54%)
- 2028: €5.7967 billion (−5.82%)
The Compounded Annual Growth Rate (CAGR) over the five years is approximately −4.28% per year.
Future trends to watch include the growing impact of electric vehicles, shifting regulatory frameworks, and advancements in additive manufacturing. These factors might drive changes in both production approaches and market demand.
