The sold production of indicator panels with liquid crystal devices or light-emitting diodes in Germany is anticipated to rise from 408.11 million Euros in 2024 to 446.77 million Euros by 2028. Compared to 2023, this represents a consistent annual growth trajectory. The year-on-year growth for 2025 is expected to be approximately 2.4%, with a steady increment observed annually through 2028. Over the forecasted five-year period, the compound annual growth rate (CAGR) is projected to be 2.3%, showcasing a healthy upward trend.
Future trends to watch for:
- Technological advancements in display technologies - potential increases in smart device adoption and vehicle instrument panel innovation.
- Market demand fluctuations influenced by consumer electronics, automotive sectors, and regulatory developments.
- Potential supply chain disruptions impacting production volumes and cost structures.