In 2024, Germany is projected to produce approximately 2.8466 million pneumatic tyres for buses, lorries, or aircraft, with a declining trend over the next five years. The data indicates a consistent yearly decrease, with production falling to 2.0204 million units by 2028. This reflects a negative compound annual growth rate (CAGR) across the forecasted period. Compared to the pre-2024 levels, which were slightly higher, this suggests a continuing downward trend driven by potential market saturation or advancements in alternative transport technologies.
Future trends to watch include:
- Technological innovations leading to longer-lasting tyres.
- Shift towards sustainable and smart tyre technologies.
- Regulatory changes impacting production and material usage.