The sold production of locomotives or rolling-stock parts in Germany has shown a significant growth trajectory over the past decade. It stood at 2.4883 billion Euros in 2023. From 2013 to 2014, there was a sharp increase of 25.05%, followed by slight fluctuations in subsequent years. The most recent data shows a moderate increase, with a year-on-year variation of 1.27% from 2022 to 2023. The Compound Annual Growth Rate (CAGR) averaged 2.46% over the last five years.
Looking ahead, the forecast indicates steady growth, with values projected to reach 2.64 billion Euros by 2028. This represents a 5-year CAGR of 0.94%, reflecting a forecasted 5-year growth rate of 4.79% from 2024 to 2028.
- 2013-2023: Fluctuating growth with varying year-on-year changes
- 2024-2028: Consistent growth projected
Future trends to watch for include the impact of technological advancements in manufacturing processes, potential market expansions, and the influence of environmental regulations on production dynamics. Adapting to these factors could further enhance growth in this sector.
