Header-Märkte und Konjunktur

Markets & Economy
How is mechanical engineering developing in the age of global value chains? Where do your competitors come from? What support is available for market development? What regulations must be observed when exporting? What needs to be considered when deploying employees and regarding visas for foreign guests? Together we will find answers to your questions.

Themenfeldgrafik Märkte und Konjuktur

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We guide you through the data jungle

The Economics and Statistics department provides you with all industry-relevant economic and market information. Benefit from our expertise and use our statistics as a basis for smart business decisions.

Successful abroad - Export topics

VDMA Foreign Trade supports you and your export business. We prepare topics relevant to mechanical engineering for you: up-to-date and easy to understand.

Analysis, assessments and options for action for business with China

China has developed rapidly and, as a result, undergone considerable change. This has an impact on the economic and political environment to which the machinery and plant engineering industry cannot close its eyes.

Benchmark study on export financing for sub-Saharan Africa published

VDMA study shows need for catching up (or pent-up demand) for German financing offers

VDMA-wide economic survey: Duration April 9 - 19, 2024

In future, all VDMA business surveys will be coordinated and conducted on a quarterly basis. This will create enormous added value for members and will also save time and ensure comparable results thanks to standardized methodologies.

"Clearly address trade barriers and demand remedial action"

China's economy has changed, but unfair trade practices remain. The mechanical engineering industry expects Chancellor Scholz to demand fair competition in China.

Tariff Relief is Important for VDMA Members

VDMA America calls on the US Congress to pass the bipartisan Miscellaneous Tariff Bill again.

Minister Habeck's trip to China and South Korea

Federal Minister Habeck travels to China and South Korea in June accompanied by a business delegation

New OECD rules for export credits help with competition

The modernization of the OECD consensus offers European plant manufacturers more flexibility in credit offers. Renewable energy in particular benefits.

Still many vacancies for engineers

In the last two years, the bottlenecks on the labor market for engineers have become much more acute. Never before has the mechanical engineering sector been looking for so many employees, and never before have there been so many vacancies for engineers.

Parameters of foreign subsidiaries

We have updated our interactive report on foreign affiliates. In addition, more indicators are now available.

Together with Norway on the path to a climate-neutral future

Norway and Germany want to create a climate-neutral future together. The focus is particularly on the use of hydrogen. Mechanical engineering plays a key role in this.

USA: Earnings as an interactive report

The U.S. Bureau of Labor Statistics provides comprehensive employment and wage statistics. In our interactive report, we clearly present data by industry, occupational group and location.

"Neither side can afford further standstill"

Europe and the USA must finally come closer together again in trade relations. The dispute over the conformity assessment of machinery must be resolved. Simpler certification procedures are needed.

EU machine production has been shrinking since August 2023

From January to December 2023, price-adjusted production in the EU machinery and equipment manufacturing industry increased by 0.7 percent compared to the previous year.

Order slump continues

Orders in the mechanical and plant engineering sector continued to decline in February. Domestic and foreign markets were equally responsible for the 10 percent drop in orders.

Bulletin international

Demand for capital goods remains weak in many countries, which is why order backlogs are falling and production is being cut back.

Facts and figures: Research and innovation

In our theme publication you will find facts and figures on research and development, innovations and patents in machinery and equipment manufacturing.

Facts and figures: Education and workforce in machinery and equipment manufacturing

In our theme publications, you will find facts, figures and data related to vocational training, engineering courses, skilled workers, mechanical engineers and women in machinery and equipment manufacturing.

The challenge of securing skilled labor

Even if the shortage of skilled workers has recently eased somewhat, securing skilled workers remains a key challenge. Find out about the current situation in the various occupational fields here.

Removing hurdles to conformity assessment would be a gain

The VDMA is once again calling on the EU and the USA to finally conclude an agreement on the conformity assessment of machinery and equipment and to remove unnecessary obstacles for transatlantic exporters.

Global machinery turnover 2023: Slight decline

Demand for capital goods was weak in 2023. Machinery and equipment worth an estimated 3.28 trillion euros was sold worldwide, 1.5% less than in 2022.

Apprenticeship at a glance

How many apprenticeship positions are available in machinery and equipment manufacturing this year? How many applicants are there? How have supply and demand for the most important professions developed in recent years? Get all the information at a glance here.

Current developments in export control

What's new in the area of export controls? What do you currently have to be prepared for in practice? The event addressed the most important developments.

USA Chart Pack: Facts and figures on the market

The United States is the largest export market and the most important location for the German mechanical engineering industry. The chart pack provides information on the structure and development of the machinery market.

Another year of stagnation

Adjusted for price effects, global machinery turnover will continue to stagnate in 2024 at the level of 2022. Even in 2023, there was no growth on a global average.

VDMA further expands its presence in America

President Haeusgen's trip to Washington and Atlanta strengthens VDMA's commitment to the United States and demonstrates the overall positive mood among members.

Investments in Germany: Analysis of the slump

Investment in Germany is stagnating: Labor costs, shortage of skilled workers and bureaucracy are weighing on the economy. Find out the causes and possible solutions in the latest study by IW and VDMA.

Quarterly report on mechanical engineering in India Q4 2023

In our quarterly report, we provide you with information on India's macroeconomic development, as well as detailed information on the manufacturing industry and individual sectors with a particular focus on mechanical and plant engineering.

Latin America Chart Pack: Facts and figures on the market

In 2023, German machinery exports to Latin America increased by 19% - this is the third consecutive year of double-digit growth rates. The Chart Pack provides facts and figures on the market.

Slow improvements in visas for trade fair visitors

Visas are still a potential obstacle not only for trade fair visitors from Turkey and Shanghai. Exhibitors must invite their guests in well ahead of time.

Slight nominal increase in machinery exports in January

German machinery exports recorded a slight nominal increase of 1% in January compared to the previous year.

Drafting contracts with Ukrainian customers: What to look out for?

The war in Ukraine has brought significant changes to the conclusion and fulfillment of supply contracts.

The VDMA network at the Hannover Messe 2024

Which trade associations, departments, forums and working groups are taking part this year? You can find this and more information on the planned events and key topics in the network flyer.

Brazil and Germany open tender for the energy transition in industry

Brazil is focusing on a new green industrial strategy, which is now also being promoted by Germany's climate initiative. The focus is on the steel and cement industries.

Norway: Reliable partner with high innovative strength

Discover the business opportunities in the partner country of this year's Hannover Messe - not only in the energy sector

Exploiting business opportunities in Serbia

Serbia's government plans to spend 18 billion euros on ambitious construction projects and Expo 2027 as part of "Serbia 2027".

Localization in Saudi Arabia calls for production equipment

Saudi Arabia's state-owned companies are vehemently calling on their suppliers to invest in the country. Each day 5 to 6 factories take up production.

New "Export Echo" podcast on state Hermes cover

Podcasts for export credit guarantees offer insights into the practice of companies.

"The EU should follow the example of EFTA"

The free trade agreement between India and the EFTA states shows that it is possible! Now it is up to the EU to bring the negotiations with India to a successful conclusion as well

"No change - no trade!"

Europe's companies must be prepared for the fact that the USA will continue to refuse to liberalize its trade policy. The EU and the US should therefore put a permanent end to their current trade policy disputes.

The new geopolitics and possible effects on mechanical engineering

Geopolitical tensions and their potential impact on the global economy are influencing decision-making processes in the European mechanical and plant engineering industry.

Decline also at the start of the year

There is still a lack of positive impetus for growth and orders At the start of the year, the mechanical engineering sector continued to record declines in incoming orders, particularly in Germany.

Quarterly report on mechanical engineering in China Q4 2023

The quarterly report "Machinery & Equipment in China" contains relevant key figures such as production, sales, profit and investment development of the local mechanical engineering industry as well as important customer industries in China.

Exports to Africa and Middle East

How are exports to Africa and the Middle East developing? Which are the largest local markets, which product groups are most in demand and what are the most important supplier countries? In our theme publication you will find facts, figures and data on foreign trade with Africa and the Middle East from the perspective of the mechanical and plant engineering sector.

Currency crisis overshadows business in Egypt

For the second time, the VDMA held a members' meeting in Cairo. Over 20 participants discussed the opportunities and challenges in Egypt.

Significant export growth to the MENAT region

Machinery exports to the Middle East, North Africa and Turkey have increased significantly and are reaching record levels in some countries. There are some surprising developments.

Support for Ukraine needs to be intensified

The European peace and economic order are at stake in Ukraine. Europe has a duty to counter this with its own armaments capacities. To this end, the corresponding funds must be prioritized in the budgets.

Norway: A portrait of the partner country of Hannover Messe 2024

Discover Norway's powerful economy and dynamic industry as a partner of Hannover Messe 2024 - a Scandinavian jewel that inspires with its high standard of living and exciting energy sector.

USA: Interactive economic indicators

We have expanded our range of data for the USA: A new dashboard provides further economic indicators for individual sectors and the economy as a whole. Keep up to date with economic developments in the USA.

VDMA Magazin Teaser USA

Good prospects in the USA
Many European machinery and plant manufacturers already have subsidiaries in the USA. Three VDMA member companies report on why they want to expand their presence there and develop their business activities, and why the US market has potential.

Our expert and focus topics

Our expert and focus topics
Mechanical and plant engineering figures and charts
The statistically recordable world of mechanical and plant engineering - newly presented in interactive charts and tables. Find out about all the key economic figures for the industry and, in particular detail, about the development of the EU Single Market.
Economic Development & Business Situation
The economic cycle plays a significant role in almost every area of the economy. After all, it plays a key role in determining the well-being of companies and employees. In fact, it is particularly relevant in the mechanical engineering sector. After all, it plays a key role in determining the well-being of companies and employees in the mechanical engineering sector.
Global markets
The world is changing fast - what was good practice yesterday may not be good practice tomorrow. The VDMA helps its members to keep track of the latest developments in global markets, customs, export financing, export controls and trade policy.
Statistics database
The VDMA statistics database offers all VDMA member companies fast and convenient access to economic information on all aspects of mechanical engineering. The use of the VDMA Order Intake and Sales Statistics Germany is exclusively reserved for those companies that participate in the survey.
Work assignments in Europe
Regarding work assignments in Europe, three completely different topics - "reporting requirements", "social law: A1 certificate" and "labor law: posting of workers directive" - are increasingly moving into the spotlight.
International Business Travel
Globalization necessitates travel throughout the life cycle of a machine: Sales, commissioning, assembly and maintenance. For corporate travel management, this poses an organizational challenge: Do I need a visa, and if so, which type? Which documentation is required? Which regulations apply when posting workers within the EU?
VDMA Infoportal Ukraine War
The machinery and plant engineering sector condemns the Russian invasion of Ukraine in the strongest possible terms. The VDMA supporta its member companies in word and deed in order to master the many challenges that are arising.
Europe and China
The perception of China in Germany and Europe has changed in recent years. Firstly, China is an important economic partner and also of significant importance for the German mechanical engineering sector. On the other hand, there is growing recognition at economic and political level in Germany and the European Union (EU) that the existing imbalance with China, for example in market access, is no longer acceptable.
The United States
The USA remains a key market for the German engineering sector. It is our biggest export market and investment location outside Europe. Local standards, complex tax laws and legal liability are just some of the challenges that new market entrants often have to deal with.

Level 1 Themenwolke


To the point

To the point

Auf den Punkt Zitat Markets and Economy

"The consequences of high inflation and uncertainty caused by wars and other geopolitical upheavals are more or less evident in all markets."

Dr. Ralph Wiechers, VDMA Chief Economist

Auf den Punkt Zahl Markets and Economy


per cent

of VDMA member companies see the reduction of bureaucracy as urgent

Source: VDMA

Auf den Punkt Zusammenfassung Märkte und Konjunktur

Economic Survey
VDMA-wide economic survey starts
  • Start April 9 - 19, 2024
  • Current economic development in mechanical engineering
  • Development in customer industries
  • Sales opportunities in markets
  • In-depth analysis



Mon. 22.04.24 Fri. 26.04.24

  • Digitalization & Industrie 4.0

Experience the technologies that our industry is using to drive the digital transformation and decarbonization at Hannover Messe 2024! Over 4,000 companies will present pioneering solutions from mechanical and plant engineering, the electrical and digital industries and the energy sector. Numerous dialog formats with representatives from politics, industry, science, media and society will present and discuss challenges and solutions for the intelligent and carbon-neutral production of tomorrow.

Places available

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Unsere Leistungen

Unsere Leistungen
VDMA Trade Fair Calendar 2024
With the trade fair calendar, we have been offering our members an orientation guide to the global range of trade fairs relevant to mechanical engineering worldwide for many years.
Mechanical and plant engineering figures and charts 2023
Mechanical and plant engineering figures and charts provides a comprehensive overview of all major figures and statistics relating to the mechanical engineering industry.


Economic bulletin international
Our monthly bulletin provides periodic updates on economic trends in the international mechanical engineering sector.


Germany Economic Bulletin
Data on the economic situation of the German mechanical and plant engineering industry in the current economic context


VDMA flash survey
Machine and plant manufacturers are looking ahead to the year 2024 with a subdued mood. A reluctance to invest and hire new staff is noticeable due to the high level of uncertainty. The order backlog is melting for many.


Germany Incoming orders
The monthly figures for incoming orders in the German mechanical engineering industry
Database of technical regulations
The VDMA Specifications reflect the technical specifications of the German mechanical engineering industry. The directory contains all VDMA Specifications that are currently valid and in preparation.
VDMA Foreign offices
Here you will find links and further information on the VDMA liaison offices located in particularly important foreign markets



Asset Publisher

VDMA partners

Institut für Weltwirtschaft Kiel
German Economic Institute
Leibniz-Zentrum für Europäische Wirtschaftsforschung
gtai - Germany Trade & Invest

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Benefits for you as a member

Largest industry network in Europe

3,600 primarily medium-sized member companies in the capital goods industry make the VDMA the largest industrial association in Europe and the most important network organization in the industry.

Strong representation of interests

The VDMA is the most important voice of the machinery and equipment manufacturing industry. It represents the common economic, technical and scientific interests of the industry in Germany and around the world.

A wide range of services

More than 500 VDMA employees worldwide support you with practical services to make the right decisions in your company - along the entire value chain.