Mechanical engineering

Development of the industry economy

Germany is the third-largest producer of machinery in the world. The German mechanical and plant engineering sector (MAB), which is strongly characterized by small and medium-sized enterprises, is considered a leading export and innovation industry. The industry’s more than 6,600 companies with over one million employees generated total sales of around 229 billion euros in 2019.

For 2021, the VDMA forecasts a production increase of 10 % instead of the previously assumed 7 % compared to the previous year. In addition to the sharp rise in order intake, MAB is also benefiting from the extensive economic stimulus and growth packages in key sales markets. However, in addition to the ongoing pandemic consequences, the industry must prepare for the effects of climate change. The EU’s ambitious climate targets put companies at a considerable competitive disadvantage on the international market.

Trends in mechanical & plant engineering

Verlust von Fachkräften durch automatisierte Prozesse
Digitalisierung als Chance für Unternehmen
Innovationen und Industrie 4.0 als Wettbewerbstreiber

References

Industry News

Market research – basis for strategy in international mechanical engineering

The position The customer, an international listed mechanical engineering group, has been developing and producing innovative and high-performance systems for decades, which are used in the high-tech sector. It has an extensive range of specific solutions for a variety of customer markets,…

Turnaround in mechanical engineering: Focused restructuring!

Initial situation: lost sight of the goal For years, sales and earnings were on the rise. But the goals of the medium-sized special machinery manufacturer grew even faster. A strategy was developed and extensive investments were implemented with external financing. Sales activities…

Short-time work in the mechanical and plant engineering sector in the Corona crisis – fully exploit potential now

Short-time work in mechanical and plant engineering – still the method of choice! After a short time working fell back from its peak in the first Corona lockdown, the figures are rising again in the latest lockdown. In the machinery and plant…