The forecasted sold production of hydraulic systems with power packs and actuators in Germany shows a steady decline from 201.72 thousand items in 2024 to 192.35 thousand items in 2028. This represents a continuous decrease in volume, contrasting with the actual production volume for 2023, which stood at a comparable level to the 2024 figures. Year-on-year variations indicate a marginal decline, with the most recent years displaying a lower decrease compared to earlier in the forecast. The compound annual growth rate (CAGR) over this five-year forecast period highlights an average annual decrease, reflecting a gradual contraction in this market segment.
Future trends to watch for:
- The shift towards more efficient or alternative technologies that could influence demand dynamics for hydraulic systems.
- Potential economic factors or policy changes in Germany or the wider EU that could impact industrial production levels.
- Technological advancements aimed at reducing the environmental impact of hydraulic systems might also alter both supply and demand sides.
