In 2023, the Fluid Power Equipment turnover in Germany was valued at 16.45 billion Euros. Starting from 2024, forecasted turnover indicates a steady increase: 16.89 billion Euros in 2024 to 19.16 billion Euros by 2028. Year-on-year growth showcases a positive trend with approximately 3-4% annual increases. The compound annual growth rate (CAGR) over this five-year period is about 3.73%.
Future trends to watch for include technological advancements driving efficiency and demand, sustainability pressures leading to product innovation, and economic shifts in Germany or Europe impacting industrial investment levels.
