The number of enterprises in the machinery for mining, quarrying, and construction sector in Germany is projected to decline steadily from 345 in 2024 to 337 by 2028. This trend reflects a year-on-year decline of approximately 0.58% from 2024 onward. The compound annual growth rate (CAGR) over the five-year forecast period (2024-2028) is expected to be around -0.58%, indicating a modest contraction in this sector.
Future trends to watch for include technological advancements and automation which could impact enterprise numbers as firms potentially merge or exit the market, consolidation trends within the industry, and changes in mining and construction demands influenced by economic cycles and environmental regulations.
