In 2023, the sold production of generator sets with compression-ignition engines over 750 kVA in Germany was approximately €275 million. Forecasts for 2024 place the expected production value at €286.92 million, increasing annually to reach €338.74 million by 2028. This trajectory reflects consistent growth year-on-year, averaging an annual increase of around 3% to 4%. The compound annual growth rate (CAGR) over these five years is anticipated to be approximately 4.2%, indicating a strong upward trend in the industry.
Future trends to watch for:
- Technological advancements in engine efficiency and emissions reduction.
- Increased demand for backup power in sectors relying on digital infrastructure.
- Regulatory changes impacting environmental performance and compliance.