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

Our Industry in Numbers

  • Total industry turnover of EUR 212 billion in 2014; a growth rate of more than 70% in the past ten years.
  • With an estimated production value of EUR 199 billion in 2014, machinery production surpassed the record level (EUR 196 billion) achieved in 2008.
  • World export leader with 16.3% share of global machinery & equipment trade.
  • German machinery imports amouted to EUR 59.3 billion in 2014, an increase of 63% in comparison with 2013.
  • Globally, German manufacturers are leaders: in 24 out of 31 internationally comparable machinery sub-sectors they are among the top 3, and in 16 they come in first.
  • Germany is world leader with about 26% of the world's mechanical engineering patent registrations.
  • R&D expenditures are about EUR 5.7 billion - one of the most innovative industries in Germany.
  • The machinery & plant manufacturing industry is the largest industrial employer in Germany, with more than 6,000 companies, employing roughly 1 million highly skilled employees. An addition of 18,000 jobs in 2014.