In 2023, the number of enterprises in the installation of industrial machinery and equipment in Germany stood at approximately 5.76 thousand. The forecast shows a steady growth trend from 2024 onwards, with a projected increase to 6.6 thousand enterprises by 2028. This represents a year-on-year growth of approximately 2.86% for each consecutive year from 2024 to 2028, with a CAGR of about 2.76% over the five-year forecast period.
Future trends to watch for:
- The impact of technological advancements, such as automation and Industry 4.0, on enterprise expansion and efficiency.
- Potential shifts in investment priorities and regulatory changes in Germany and the broader EU landscape.
- Economic factors, including supply chain dynamics and global trade relations, that could influence growth in this sector.
