The turnover in the manufacture of parts and accessories for the motor vehicles sector in Germany is expected to increase steadily from 97.44 billion Euros in 2024 to 106.15 billion Euros in 2028. Compared to the previous growth rate, this indicates a consistent upward trend, driven by innovations in automotive technology and increased demand for vehicle parts. Significant year-on-year percentage growth is anticipated, showcasing a robust recovery and expansion of the sector post-2023.
Future trends to watch for include:
- The impact of electric vehicle adoption on parts demand.
- Potential supply chain disruptions influencing turnover.
- Regulatory changes and advancements in automotive technologies.
- Global economic factors and their effect on export demand.
