As of 2023, the number of enterprises in the non-aircraft, vehicle, and cycle engine and turbine manufacturing sector in Germany was 166. Projections from 2024 to 2028 indicate a declining trend, with a steady annual decrease in the number of enterprises. From 2024 to 2025, the sector will see a 2.47% decline, with this downtrend continuing steadily at approximately 2.53% annually in subsequent years. The five-year compound annual growth rate (CAGR) for this period is expected to show a consistent negative growth of around -2.53% on average per annum.
Future trends to watch for include the impact of technological innovation and shifting regulatory frameworks on this sector. As industries increasingly focus on sustainable energy and environmental policies, these factors might intensify competitive pressures leading to further consolidation or diversification of product offerings within the existing enterprises.
