German machine tool industry with muted annual results 2024
German machine tool industry with muted annual results 2024
German machine tool industry with muted annual results 2024
Orders received by the German machine tool industry in the fourth quarter of 2024 were 7 percent down on the previous year's figure. Orders from both Germany and abroad fell by similar amounts: 7 percent and 6 percent, respectively. In 2024 as a whole, incoming orders declined by 19 percent. Domesti...
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Demand for machine tools has stalled
Demand for machine tools has stalled
Demand for machine tools has stalled
Orders received by the German machine tool industry in the third quarter of 2024 were 16 percent down on the same period last year. Orders from Germany fell by 17 percent whereas those from abroad dropped by 15 percent. Orders received in the first three quarters of 2024 were 23 percent down on the ...
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Demand for machine tools continues to decline: Situation expected to stabilize by end of year
Demand for machine tools continues to decline: Situation expected...
Demand for machine tools continues to decline: Situation expected to stabilize by end of...
Orders received by the German machine tool industry in the second quarter of 2024 were 28 percent down on the same period last year. Orders from Germany fell by 13 percent whereas those from abroad dropped by 33 percent.
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German machine tool manufacturers now have much broader base in the customer industries: Engineering sector now biggest customer for first time
German machine tool manufacturers now have much broader base...
German machine tool manufacturers now have much broader base in the customer industries: Engineering...
Last year, the German machine tool industry supplied around 27 percent of its production to the automotive industry and its suppliers, according to the latest customer structure survey conducted by the VDW (German Machine Tool Builders' Association) among its members.
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2023 was a good year for German machine tool exports
2023 was a good year for German machine tool...
2023 was a good year for German machine tool exports
Sector remains world export champion, America was market with largest growth Frankfurt am Main, 19 March 2024. – Last year, the German machine tool industry sold machines including parts and accessories to the value of EUR 9.5 billion abroad. …
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Machine Tools Innovation Awards 2024 Now Open for Submissions
Machine Tools Innovation Awards 2024 Now Open for Submissions
Machine Tools Innovation Awards 2024 Now Open for Submissions
The Machine Tools Innovation Awards aim to recognise projects that have a positive impact on the machine tool ecosystem and are open to all European players that drive our sector forward, highlighting achievements in manufacturing.
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The cloud is not the only solution
The cloud is not the only solution
The cloud is not the only solution
Machine manufacturers showcasing security solutions for digital grinding processes at GrindingHub
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No sign yet of a turnaround in orders for the machine tool industry
No sign yet of a turnaround in orders for...
No sign yet of a turnaround in orders for the machine tool industry
Increase in turnover remains in double figures
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The machine tool as a model for the circular economy
The machine tool as a model for the circular...
The machine tool as a model for the circular economy
The circular economy, which Brussels has recently started promoting, is a pillar of the Green Deal and is to be introduced in all sectors. Machine tools have been role models for this model for many decades.
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Italy is a heavyweight in the Industry
Italy is a heavyweight in the Industry
Italy is a heavyweight in the Industry
With an impressive 32% market growth, Italy's market volume rose to €5.3 billion in 2022
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