
VDMA expects 4 percent growth in 2018
New machines and systems were also in demand worldwide last year. According to estimates by VDMA economists, sales of machinery rose by a total of 4% to 2.6 trillion euros in 2018.
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New machines and systems were also in demand worldwide last year. According to estimates by VDMA economists, sales of machinery rose by a total of 4% to 2.6 trillion euros in 2018.

By December 1 of this year, 1,780 exhibitors from 41 countries had registered for the upcoming EMO Hannover 2019.
Mechanical engineering companies in Germany successfully weathered the trade policy storms in 2018 and even increased their workforces despite many uncertainties.

The digital transformation is in full swing in mechanical engineering. The VDMA IT Report 2018 for the mechanical and plant engineering sector provides an insight into the industry's investment plans and an assessment of trending IT topics.

The good order situation and high order backlog mean that mechanical engineering companies can also expect production growth in the coming year. However, uncertainty is growing, particularly among export-dependent investors, due to the increasing number of political risks.

The machine vision industry is recording record sales and the technology is conquering new sectors. Vision, which takes place this year from November 6 to 9 in Stuttgart, reflects this innovative strength and continues to grow.

Mechanical engineering companies in Germany successfully defied the growing uncertainties in the export business in the first half of 2018.

Eastern German mechanical engineering companies are sounding the alarm: according to the VDMA, almost two thirds of companies providing training had difficulties finding trainees this year. Four out of ten companies had to leave training places unfilled.

Despite increasing political and economic tensions at home and abroad, the mechanical and plant engineering sector in eastern Germany is hardly showing any signs of fatigue. On the contrary: companies have carried the momentum of recent months into the second quarter of 2018.
According to the VDMA, the robotics and automation industry in Germany achieved a record sales volume of 14.5 billion euros in 2017 - an increase of 13% compared to the previous year. Export sales to China in particular grew by around 60 percent.