In 2023, the market size for lifting equipment designed for mounting on road vehicles in Germany was lower than 451.4 million Euros. The forecasted values from 2024 to 2028 point to a steady growth, with an increase from 451.4 million Euros in 2024 to 511.86 million Euros in 2028. Year-on-year variations show consistent growth, with a Compound Annual Growth Rate (CAGR) indicating an overall average annual increase over the five-year forecast period.

Future trends to watch for include:

Technological advancements in lifting equipment to enhance efficiency and safety.
Increased demand from sectors such as construction and logistics, driven by economic growth.
Regulatory changes impacting equipment specifications and standards.