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EU machinery and equipment manufacturing companies currently rate their competitive position as worse than the long-term average. This is particularly true to companies based in Germany.
China’s Two Sessions 2025 spotlight a bold industrial shift—AI, 6G, digitalization, and smart manufacturing are set to reshape the machinery sector in the coming years.
As in the previous year, demand for capital goods was weak in 2024. Machinery and equipment worth an estimated 3.26 trillion euros was sold worldwide, 1.5% less than in 2023.
The global mechanical and plant engineering industry reached a new record high in 2021. In euro terms, around 15% more machines were sold than in the previous year. China cracked the 1 trillion euro mark.
Here you can find information about the modules "Foreign trade in machinery (annual values)" and "German, EU27 and UK foreign trade in machinery (monthly values)" of the VDMA statistics database.
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