The German fluid power equipment sector is projected to grow with turnover increasing from 16.89 billion Euros in 2024 to 19.17 billion Euros in 2028. Year-on-year variations depict a steady growth trend: 3.43% in 2025, 3.27% in 2026, 3.16% in 2027, and 3.01% in 2028. The CAGR over this period is anticipated to be around 3.18%, indicating consistent sector expansion. In 2023, the turnover stood at an estimated value, serving as a crucial base reference for these forecasts.
Future trends to watch for:
- Technological advancements driving efficiency and innovation in fluid power equipment.
- Increased demand from emerging industries, such as renewable energy and automation.
- Potential market fluctuations due to global supply chain dynamics and geopolitical factors.
