Forecast: Value Added of Motor Vehicles in Germany

In 2023, the value added of motor vehicles in Germany stood at 159.33 billion Euros. The forecast for the years from 2024 to 2028 indicates a consistent upward trend. In 2024, the value is expected to be 164.64 billion Euros, representing a year-on-year growth of 3.33%. For 2025, the value is projected to reach 170.18 billion Euros, indicating a year-on-year increase of 3.36%. By 2026, the value added is forecasted at 175.67 billion Euros, growing by 3.24% compared to the previous year. The years 2027 and 2028 are expected to see values of 181.1 and 186.48 billion Euros, respectively, with year-on-year increases of 3.09% and 2.97%.

When examining the compound annual growth rate (CAGR) for the period from 2024 to 2028, the average annual increase would be approximately 3.19%.

Future trends to watch for include advancements in electric vehicle technology, potential supply chain disruptions, and evolving consumer preferences towards sustainable and eco-friendly vehicles. Additionally, regulatory changes aimed at reducing carbon emissions may significantly impact the industry.