That's true even for Sweden. In theory, Germany is large enough to host an array of sports, but, like most other places, hockey will remain niche. They almost certainly won't become a powerhouse, but I expect some solid contributions from them now and in the future.
And really, how far off are Germany or even Switzerland from Slovakia nowadays? It seems Czechia took most of the development in the split, though they've also fallen off a bit, at least in terms of NHL numbers. At any rate, Slovakia took a step back this past decade to the point that Germany/Switzerland/Slovakia are sort of muddled in that #7 spot behind the traditional powers.
Maybe not contenders, but respectable.
Slightly off-topic, I've been rooting for Latvia to come close to that level for many years now. They've flirted a bit with the talent, but not consistently.
The more the merrier, so to speak.