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

Industry Overview

The machinery and equipment industry in Germany is the second largest industry in the country in terms of turnover and employs more people than any other industrial sector. The sector is dominated by small and medium sized companies that provide customized single products and small series to meet the strong demand of both domestic and international manufacturing industries. Whether Industry 4.0, resource-friendly environmental protection, energy efficiency or electro mobility solutions: the focus is to establish Germany as a lead provider and market for cyber physical systems and advanced manufacturing solutions.

In 2014, Germany maintained its title as "export world champion" reaching a global trade share of 16.3 percent.The industry employs more than one million highly qualified engineers and skilled workers to ensure the sector's leadership in exports.