As of 2023, the market size for valves used in the control of oleohydraulic power transmission in Germany was valued below the 2024 forecast of 501.87 million Euros, indicating a downward trend. Moving forward from 2024 to 2028, the market shows a consistent decrease, with annual value forecasts pointing downwards from 501.87 million Euros in 2024 to 453.53 million Euros in 2028, suggesting a mature or possibly declining market.
Key future trends to watch:
- The increasing push towards electric and more sustainable technologies could impact demand for oleohydraulic power systems and their components.
- Technological advancements and industry automation may drive market dynamics, possibly altering demand for traditional valve types.
- Evolving regulations and environmental considerations may influence market trajectories and spur innovation.