In 2023, the mobile cranes market size per capita in Germany stood at $7.16 USD. The forecasts from 2024 to 2028 indicate a steady decline in market size per capita, from $6.95 in 2024 to $6.14 in 2028. This represents an average annual decrease of approximately 3.0%, with notable year-on-year decreases: 2024 (-2.9%), 2025 (-3.0%), 2026 (-3.0%), 2027 (-3.1%), and 2028 (-3.0%). The Compound Annual Growth Rate (CAGR) reflects this downtrend, averaging a decline of around 3.0% over these five years.
Future trends to watch for include:
- Technological advancements in crane operation improving efficiency might stimulate demand.
- Increased infrastructural investments in Germany could counterbalance the current declining trend.
