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Europe's mechanical engineering companies are facing major challenges in Southeast Asia. More local proximity, strategic adaptation and the courage to question familiar ways of thinking are needed.
In 2026, global machinery and equipment turnover is expected to grow by 2% on a price-adjusted basis. Growth in Asia will remain above average. Stagnation looms in the EU-27.
In a difficult overall economic environment, the machinery industry continues to wait for substantial growth momentum.
In our quarterly report, we provide you with information on India's macroeconomic development, as well as detailed information on the manufacturing industry and individual sectors with a particular focus on machinery and equipment.
With effect from May 29, 2025, the EU has largely, but not completely, lifted its sanctions against Syria. This is in response to the change in US policy towards Syria announced by President Trump in Saudi Arabia.
The VDMA informs its members twice a year about the development of the chemical industry in Brazil, China, France, Turkey, the USA and the United Kingdom.
In light of Trump’s tariffs, analysts highlight ASEAN’s risks from trade tensions but remain optimistic about the region's resilience. Singapore’s semiconductor industry stays cautious, exporters diversify suppliers and customers amid uncertainties.
Intercompany license agreements between the parent company in Germany/Europe and the subsidiary in China are of considerable importance in practice.
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.
India's Interim Union Budget for 2024 projects a reduction in the revised fiscal deficit and a decline in inflation. These key economic indicators signal a promising future for the Indian economy, even amidst global economic uncertainties.
How are exports to Africa and the Middle East developing? Which are the largest local markets, which product groups are most in demand and what are the most important supplier countries? In our theme publication you will find facts, figures and data on foreign trade with Africa and the Middle East from the perspective of the mechanical and plant engineering sector.
Singapore’s Budget 2025 presents significant opportunities for businesses to reduce costs, invest in workforce development, and adopt digital innovations.
Malaysia and Singapore launched the Johor-Singapore Special Economic Zone (JS-SEZ) in January 2025. The new economic initiative aims to drive significant business growth with as many as 50 projects and create 20,000 skilled jobs.
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.
New orders for machinery in Japan fell by 3.5% in January compared to the previous month, while the order backlog reached a record high due to a shortage of labor and transportation capacity.
Despite a slight decline in machinery exports to Kazakhstan in 2024, the German mechanical engineering industry remains confident
In the first half of 2025, price-adjusted production output in the EU machinery and equipment sector shrank by 3% compared to the previous year.
The United States is the largest export market and the most important location for the German mechanical engineering industry. The chart pack provides information on the structure and development of the machinery market.
The quarterly report "Machinery & Equipment in China" contains relevant key figures such as production, sales, profit and investment trends in the local machinery and equipment industry as well as important customer industries in China.
With a liaison office for the ASEAN region, the VDMA aims to support European mechanical engineering in the region. Tiffany Ang has been representing the VDMA in the ASEAN region based in Singapore since January 6, 2025.
The study compares the salary structures of 80 key positions in manufacturing and business-related services across the Czech Republic and its regions.
VDMA member companies see the US market as an opportunity and are cautiously optimistic about the coming years. Many are building on good or even very good competitiveness, but this must be defended.
The following summarizes the discussions with VDMA members' branches in Turkey and with Turkish mechanical engineering companies as well as the second meeting of VDMA members in Istanbul.
In 2024, German machinery exports to Latin America increased by 0.8% - after three previous years of strong growth. The Chart Pack provides facts and figures on the market.
Following last year's price-adjusted decline in turnover, global machinery turnover is expected to rise by a moderate 1 percent in price-adjusted terms in 2025.
We have further expanded our data offering for the USA: The new economic indicators dashboard for the USA now also includes detailed price statistics.
Germany Trade and Invest (GTAI) provides a monthly overview of publications relevant to mechanical engineering on Africa exclusively for VDMA members.
Africa is in the focus of politics and offers the economy many opportunities. In order for German interests and companies to survive in competition with China, among others, the VDMA is calling for adjustments from policymakers.
Stay successful in a volatile market: VDMA offers an interactive report on European business climate indicators. Follow the developments of your most important European target markets and customer industries at a glance and make informed decisions based on current data.
There are many reasons for European companies to think about diversification of supply chains, production sites and sales markets. Indonesia is increasingly coming into focus in the machinery and plant engineering sector.
It's the same exercise every year: as part of the preparation of the management report, an overview of the overall economic development and the situation in the industry usually has to be provided.
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.
