Automotive Industry Revenue (in Euros)
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The automotive industry is the largest industry in Germany and the European leader. The sector’s proven record of accomplishment and commitment to new mobility technologies make it the world’s auto innovation hub. The German aerospace industry is an innovation leader thanks to its cutting-edge developments in electric flight, space exploration and sustainable aviation solutions.
Germany’s automotive sector is also a substantial and integral part of the global automotive industry. Suppliers and OEMs are on top of technological market transformation. Automotive engineers are hard at work improving internal combustion engine energy efficiency, developing alternative drive technologies (new energy vehicles), improving lightweight materials and software defined vehicles (SDV) and developing advanced driver assistance systems (ADAS). Smart technologies will revolutionize the driving experience. Germany’s industry strength in electronic technologies and software solutions allied to its innovative business networks bolster technological development in one of Germany’s major fields of expertise.
Expect new battery chemistries, faster charging, solid-state safety, ADAS innovations, digitalization impact, e-mobility solutions, energy efficiency, fuel cell technology, lightweight materials, and software-defined vehicles enhancing safety and customization.
The decisive issues in the global aviation industry will be electric, autonomously flying aircraft that take off and land in confined spaces to minimize airborne CO2 emissions. Germany positions itself as a pioneer in these technological trends, particularly in the areas of fuel, propulsion systems, control, and airspace integration. The goal is also to provide competitive testing infrastructure, such as test airports, for research and development in the aviation sector.
Germany excels in aviation, space exploration, drones, VTOL aircraft, electric flying, and unmanned aerial vehicles. Innovations drive progress in passenger planes, satellites, and efficient urban mobility solutions.
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