Economy

The USA and China remain the leaders in the export ranking of the machinery industry in 2024. Overall, exports have fallen by a nominal 5 percent to just under 200 billion euros.

OVE Plasmatec, a service provider for the surface refinement of elastomers, reports revenue growth for 2024 despite a challenging environment

The mechanical engineering sector started the year with a cautious export result. However, March showed a slight upward trend. But the weaknesses of the markets in China and the EU remain significant.

The German machine tool industry recorded a decline in 2024, but hopes for a recovery in the second half of 2025 with a new federal government.

Renewable energies and maritime applications give the automation expert a boost

The order intake in May was a pleasant surprise - albeit on a weak year-on-year basis. Overall, companies have recorded a slight increase in orders this year so far, but global uncertainty remains high.

Machine orders in the USA are increasing with growing automation. The aerospace industry is booming.

The slight easing in the order books in July is not a trend reversal: The hoped-for dynamism in investments in mechanical engineering is still lacking. Therefore, the promised relief must come in the autumn.

Orders for manufacturing technology amounted to a total of $357.3 million in January 2025, which is 29.8% less than in December, but 5.7% more than in January 2024. While the order value was 16.2% higher than in an average January, the ordered units were the lowest in a January since 2016.

The order intake for metalworking machines, measured by the U.S. Manufacturing Technology Orders Report published by AMT - The Association For Manufacturing Technology, amounted to a total of $389.9 million in February 2025, an increase of 9.9% compared to January and 12.5% compared to January 2025.