The turnover in the manufacture of electrical equipment sector in Germany is projected to grow steadily from 2024 to 2028, increasing from 131.84 billion euros to 138.0 billion euros. This represents a consistent year-on-year growth rate of approximately 1.2% to 1.5% annually. Such a trend suggests a stable expansion in this sector. The compound annual growth rate (CAGR) over the forecasted five-year period is about 1.48%.
Future trends to watch for include advancements in technology, particularly in renewable energy, smart technologies, and electric vehicles, which could drive further growth. Additionally, supply chain adjustments and energy policy changes in Germany may influence future performance in this sector.
