The value added of electrical equipment in Germany is forecasted to increase from 47.04 billion Euros in 2024 to 48.77 billion Euros in 2028. This indicates a steady growth trend in the electrical equipment sector. From 2024 to 2025, the sector is expected to grow by 0.94%, from 2025 to 2026 by 0.91%, from 2026 to 2027 by 0.90%, and from 2027 to 2028 by 0.89%. The compound annual growth rate (CAGR) over this five-year period is projected at around 0.92%.

In 2023, the value added of electrical equipment stood at approximately 46.61 billion Euros, serving as the baseline for these projections. The sector is expected to benefit from trends such as increased demand for renewable energy solutions, technological advancements in smart grids, and the push for sustainable industrial practices.

Future trends to watch include: