
Energy transition offers potential for the machine tool industry
Annual investment in energy technology systems will more than double in the future, from EUR 762 billion globally in 2020 to EUR 1,808 billion in 2040.

In the first quarter of 2021, incoming orders in the German machine tool industry rose by 26% compared to the same period of the previous year.
VDW revises production forecast

In the third quarter of this year, incoming orders in the German machine tool industry fell by 29% compared to the same period last year.

In the second quarter of 2018, incoming orders in the German machine tool industry rose by 2% compared to the same period last year. The workforce reached a new record of almost 73,700 employees in May of this year.