Forecast: Sold Production of Hydraulic Vane Pumps in Germany

The sold production of hydraulic vane pumps in Germany has seen varied shifts from 2015 to 2023. The market experienced an overall decline between 2015 and 2017, followed by a rebound in 2019. A significant drop occurred in 2020, but the market started recovering steadily from 2021 onwards. As of 2023, the value stood at EUR 306.72 million, showing a year-on-year increase of 8.65% and a 5-year CAGR of 2.9%. The forecast indicates continued growth with an average annual increase of 1.59% over the next five years, reaching an estimated EUR 338.98 million by 2028.

Future trends to watch for:

  • Technological advancements in hydraulic pump efficiency and sustainability.
  • Increased automation in manufacturing sectors requiring sophisticated hydraulic solutions.
  • Market expansion driven by growth in sectors such as construction and automotive industries.

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