In 2023, the turnover per employee for bearings, gears, gearing, and driving elements in Germany was 231.9 thousand euros. The forecasted values from 2024 to 2028 show a steady increase with specified projections: 233.7 for 2024, 235.7 for 2025, 237.8 for 2026, 239.8 for 2027, and 241.8 for 2028. Year-on-year growth is consistent at approximately 0.85%. Over the forecast period, the compound annual growth rate (CAGR) is estimated to be around 0.9%.
Future trends to watch include:
- The impact of technological advancements on production efficiency, which could further boost turnover per employee.
- Potential fluctuations in global supply chains affecting component availability and pricing.
- Germany's industrial policy shifts towards sustainability that could influence production methods and costs in the sector.
- The evolution of demand in automotive and industrial applications, which are primary users of these components.
