This dossier provides a general insight into the German machine tool industry. It includes statistics on the global market, production value in Europe and Germany specifically, trade figures, and financial performances of the largest companies within this industry.
Table of Contents
Overview
Trade
Segments
Companies
1. Overview
Description: In 2021, the world production value of machine tools amounted to 83.9 billion U.S. dollars, representing a 24 percent increase compared to the previous year when the coronavirus pandemic caused a negative demand shock across the globe. The same year, the largest machine tool producers worldwide were Trumpf, Amada, Shenyang, and DMTG.
Description: In 2021, China was by far the leading country for machine tools consumption, amounting to 23.59 billion euros worth of purchased machines. From very behind, the U.S. ranked second with a consumption volume of more than nine billion euros.
Description: In 2021, China was the leading machine tool producer worldwide, with an unprecedented manufacturing record of 21.8 billion euros. In the same year, the production volume of Germany amounted to just below nine billion euros, making the country the second largest manufacturer worldwide. However, the country was in a close race with Japan, and there were differences in production, which amounted to 89 million machines. In fourth place, the U.S. lagged far behind its top-three competitors with its 6.35 billion euros worth of production.
Description: This statistic shows the production value of the machine tool industry in Europe from 2017 to 2021. In 2021, countries that were members of the European Association of the Machine Tool Industries were estimated to have had a combined production value of 22.5 billion euros.
Description: This statistic shows the consumption value of the machine tool industry in Europe from 2015 to 2020 with a forecast until 2025. In 2020, countries that were members of the European Association of the Machine Tool Industries were estimated to consume machine tools worth roughly 13.1 billion euros.
Description: During the last five years, the total production value of machine tools in Germany somewhat continuously increased until the coronavirus pandemic hit. In 2020, machine tools production in Germany generated only 8.8 billion euros. A year after, the production value increased by two percent and reached just under nine billion euros. However, this figure was still significantly below the pre-pandemic value of over 12.6 billion euros.
2. Trade
Description: In 2021, Germany was the export champion for machine tools with its 6.6 billion euro worth of exports. This was followed by Asia-Pacific countries, Japan and China, with exports of around 6.2 and 4.5 billion euros, respectively.
Description: In 2021, China was the import champion for machine tools with its approximately 6.3 billion euro worth of imports. This was followed by the United States and Germany, with import values of around 4.3 and 2.1 billion euros, respectively.
Description: The European Union reported just above 40 percent when it came to the import of German machine tools in 2021. In the same period, Asia had an import trade share amounting to 26.9 percent.
Description: In 2021, Germany increased its machine tool imports from most of the originating countries listed above. In the same year, Europe’s largest economy imported the majority of machine tools from Switzerland, which were worth around 722 million euros. Italy took second place in the ranking, far behind their Swiss competitors, with an import volume of about 300 million euros.
Description: In 2021, China was the largest export market for German machine tools, valued at almost 1.6 billion euros. The United States came second receiving German machine tools exports with an estimated value of 971 million euros in the same period.
Description: Asia recorded an export trade share of 27.2 percent when it came to the export of German machine tools in 2021. In the same period, the America region registered an export trade share of just over 17.3 percent.
3. Segments
Description: In 2021, approximately 6.58 billion euros worth of metal cutting machine tools were produced in the German machine tools industry. The total production value of German machine tools amounted to around 11.6 billion euros.
Description: The machining centres and flexible systems machinery had the highest production value compared to other segments amounting to more than 1.7 billion euros in 2021. The production value of German metal cutting machine tools amounted to just below 6.6 billion euros in that year.
Description: The other metal forming machines tools group had the highest production value compared to other segments amounting to 641 million euros in 2021. The production value of the German metal forming machine tools amounted to over 2.4 billion euros in that year.
Description: Geographically, the German state of Baden-Württemberg had the highest share of German machine tool production in 2021, amounting to 54.5 percent. They were followed by North Rhine-Westphalia and Bavaria, who had a share of 17.8 and 17.3 percent, respectively.
Description: Companies with a size of 251 to 500 employees dominated the German machine tool industry in 2021. Companies of this size accounted for 30 percent of the overall market. They were followed by companies that had a size of 101 to 250 employees, which accounted for 28.8 percent.
4. Companies
Description: This statistic represents DMG Mori AG’s revenue between the fiscal year of 2002 and the fiscal year of 2021. The machine tool manufacturer generated a little over two billion euros (or about 2.3 billion U.S. dollars) in revenue in the fiscal year of 2021.
Description: In the fiscal year of 2021, the German manufacturer DMG Mori AG group generated over 363 million euros (or about 413 million U.S. dollars) in sales revenue from its machine tools business segment operations in Germany.
Description: In the fiscal year of 2021, DMG Mori AG received a little over 1.4 billion euros (or about 1.6 billion U.S. dollars) of order intakes from its machine tools business segment.
Description: This statistic represents Trumpf Group’s global revenue from the fiscal year of 2006/07 to the fiscal year of 2020/21. In the fiscal year of 2020/21, the Germany-based manufacturer of machine tools generated just over 3.5 billion euros in revenue.
Description: This statistic represents Trumpf Group’s revenue in the fiscal year of 2020/21, by region. That year, the manufacturer of machine tools generated around 17 percent of its revenue from activities in Germany. Trumpf is ranked among the largest machine tool producers worldwide.
Description: During the fiscal year of 2020/21, Trumpf Group received over 3.9 billion euros worth of orders. Over the recent five years, the total order intake of Trumpf Group fluctuated somewhat around 3.5 billion euros with an increasing tendency.
Source from Statista
The information set forth above is provided by Statista independently of Alibaba.com. Alibaba.com makes no representation and warranties as to the quality and reliability of the seller and products.
