The number of enterprises in the maintenance and repair of motor vehicles sector in Germany is projected to steadily increase from 54.55 thousand in 2024 to 58.6 thousand in 2028. The growth reflects an average annual increase of approximately 1.8%. As we are in 2024, it is estimated that this trend will continue following the actual standing of around 53,000 enterprises in 2023. The year-on-year growth from 2025 to 2028 indicates consistent expansion, with the compound annual growth rate (CAGR) over the next five years also confirming this predicted upward trajectory.
Future trends to watch for include:
- Increasing demand for electric vehicle maintenance services as EV adoption rises.
- Potential impact of technological advancements, such as automated vehicle diagnostics, on the operations of repair enterprises.
- Regulatory changes in emission standards potentially influencing repair industry requirements.