In 2023, the self water supply to the automotive sector in Germany stood at approximately 114 million cubic meters. Projections for 2024 to 2028 show a steady increase, reaching about 132.61 million cubic meters by 2028. Year-on-year growth is anticipated consistently over 3%, with a compound annual growth rate (CAGR) of around 3.65% during this period. This reflects a stable demand increase driven by the automotive sector's evolving needs.
Future trends to watch for include:
- The impact of innovations in water recycling technologies within the automotive industry.
- Regulatory changes aimed at enhancing sustainability practices in industrial water usage.
- Potential fluctuations in the automotive market impacting water supply requirements.
