Forecast: Installation of Industrial Machinery and Equipment Turnover in Germany

The installation of industrial machinery and equipment turnover in Germany stood at 19.6 billion Euros in 2023. Actual data from 2013 to 2023 reveals fluctuations, with significant growth in certain years (12.11% in 2014) and minor declines in others (-5.17% in 2017). The last two years before the forecast (2022-2023) show modest year-on-year increases of 1.94% and 1.88%, respectively. The average annual growth rate (CAGR) over the last five years is 1.85%, indicating steady albeit slow growth.

Forecasted data from 2024 to 2028 predicts continued growth, with a CAGR of 1.36% and a total estimated increase of 7% by 2028. This suggests stable future expansion despite the slower growth rate compared to past years.

Future trends to watch for include:

  • Technological advancements and automation in industrial machinery
  • Government policies and economic conditions in Germany
  • Global supply chain dynamics and raw material price fluctuations
  • Sustainability trends and energy-efficient machinery demand

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