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Siemens sees big expansion in potential market driven by AI, defence
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Siemens sees big expansion in potential market driven by AI, defence
Nov 13, 2025 12:34 AM

ZURICH, Nov 13 (Reuters) - Siemens expects

its total addressable market to increase from 490 billion euros

($571.44 billion) per year in 2025 to 650 billion euros by 2030,

Chief Executive Roland Busch said on Thursday.

The increase will be will be driven by more activity in

rail, aerospace and defence, life sciences, semi conductors and

data centres used to power artificial intelligence, Busch told

the company's investor day.

($1 = 0.8575 euros)

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