From 2013 to 2018, Germany experienced steady growth in the production value of electrical and electronic equipment for motor vehicles, peaking at 11.08 billion euros in 2018 with year-on-year variations ranging from 5.3% to 12.31%. However, from 2019 to 2020, there was a significant decline, marked by a drop of 48.26% in 2019, and further decrease in 2020, followed by a gradual recovery from 2021 to 2023. In 2023, the value stood at 6.24 billion euros with a modest year-on-year growth of 4.89%. The forecasted data suggest a continuous recovery, reaching 7.65 billion euros by 2028, reflecting a 5-year CAGR of 3.22% and an overall growth rate of 17.19%.

Future trends to watch for include:

Adoption of advanced driver-assistance systems (ADAS) and autonomous driving technologies.
Increased investment in electric and hybrid vehicle components.
Impacts of global supply chain dynamics and semiconductor shortages.
Regulatory changes and environmental policies promoting greener technologies.