In 2023, the turnover for the Forging, Pressing, Stamping, and Roll-Forming of Metal; Powder Metallurgy sector in Germany was recorded at approximately 25.65 billion euros. From 2024 to 2028, the forecasted data indicates a steady growth pattern, with the turnover increasing from 26.12 billion euros in 2024 to 28.08 billion euros by 2028. This indicates a consistent year-on-year growth rate of around 1.9% to 2% annually. The Compound Annual Growth Rate (CAGR) over these five years is expected to be about 1.85%, reflecting moderate but steady expansion.
Future trends to watch for in this sector include:
- Technological advancements in metal-forming processes which can enhance efficiency and output.
- Increasing demand for lightweight materials in automotive and aerospace industries driving sector growth.
- The impact of sustainability initiatives and regulations on production processes and material selection.
- Potential supply chain disruptions and raw material price volatility influencing market conditions.
