Between 2013 and 2023, national passenger road transport by passenger cars in Germany experienced moderate growth in Billion Passenger Kilometers, with significant fluctuations in certain years. The value peaked in 2016 at 952.33 before descending to 770.76 in 2020 due to the pandemic. It rebounded to 933.16 in 2023, marking a slight year-on-year increase of 0.16% and achieving a CAGR of 0.24% from 2018 to 2023.
From 2024 onwards, forecasts suggest the sector will stabilize, achieving a 5-year CAGR of 0.14%, resulting in a cumulative growth of 0.72% by 2028.
Future trends to watch for:
- Impact of evolving environmental regulations and policies on road transport.
- Advancements in electric and autonomous vehicle technology.
- Changes in consumer behavior post-pandemic.
- Improvement and expansion of public transport infrastructure.
