The production in the manufacture of fluid power equipment in Germany is forecasted to rise steadily from 2024 to 2028, beginning at 12.0 billion Euros in 2024 and reaching 13.3 billion Euros by 2028. In 2023, this sector had an actual production value of approximately 11.7 billion Euros. Over this forecast period, year-on-year increases show a stable growth pattern of around 2.7% on average each year. The five-year CAGR is approximately 2.6%, indicating consistent expansion in the sector.
Future trends to watch for include:
- Technological advancements in fluid power systems enhancing efficiency and performance.
- Increased focus on sustainability and energy-efficient solutions driven by regulatory pressures.
- Potential supply chain disruptions affecting raw materials and production timelines.
- Growing demand from emerging sectors such as renewable energy and electric vehicles.