The sold production of mobile lifting frames on tyres and straddle carriers in Germany is forecasted to decline significantly from 2024 to 2028. With a starting point at 1.8 thousand units in 2024, the production drops steadily to 0.905 thousand units by 2028. This demonstrates negative growth, with notable year-on-year percentage decreases: approximately 12.78% from 2024 to 2025, 14.01% from 2025 to 2026, 16.30% from 2026 to 2027, and 19.91% from 2027 to 2028. The Compound Annual Growth Rate (CAGR) over these five years stands at about -16.42%.
Future trends to watch for include:
- Impact of technological advancements on production efficiencies and product demand.
- Shifts in global trade patterns that may influence demand for lifting frames and carriers.
- Policy changes within the EU regarding infrastructure and transportation equipment.
- Potential market entry barriers faced by new players due to declining trends.