Machinery & Equipment

Machinery & Equipment

Market Leadership Powered by German Engineering

Close Up of an Industry Laser| © iStockphoto

Source: Close Up of an Industry Laser| © iStockphoto

Market Potential

In the past ten years, mechanical engineering has been one of the fastest growing industry sectors in Germany. The high domestic demand from industries like the automotive, electronics, chemicals, food as well as the renewable energies sector make the German mechanical engineering market very attractive to foreign companies seeking to sell their high-tech products and components abroad. Production-based industries are the backbone of Germany’s economy, making up 30% of gross value added. This position is further strengthened by the staggering growth and dominance of our industrial automation sector.