• German Machine Tool Builders' Association
  • vdw@vdw.de
  • +49 69 756081-0

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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Machine tool industry attracting attention at VDW symposium in Vietnam
Machine tool industry attracting attention at VDW symposium in...
Machine tool industry attracting attention at VDW symposium in Vietnam

Among the ASEAN countries, Vietnam has become an attractive industrial location and an important trading hub with a growing interest in industrial production. The country is expanding its domestic production in order to manufacture higher-quality products, reduce costs and at the same time protect i...
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