In 2023, the sold production value of mobile lifting frames on tyres and straddle carriers in Germany was 162.40 million euros. The forecast for 2024 indicates growth to 174.21 million euros, reflecting a year-on-year increase of 7.27%. Following this, the market is projected to expand steadily, reaching 217.56 million euros by 2028. On average, the compound annual growth rate (CAGR) for the period from 2024 to 2028 is anticipated to be approximately 5.64%.

Future trends to watch for:

Technological advancements in automation and connectivity which may drive demand.
Sustainability trends influencing the development and usage of eco-friendly equipment.
Potential impacts of European Union policies on manufacturing standards and trade agreements.