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Industry Overview: The Machinery & Equipment Industry in Germany

Machinery & Equipment is the largest and most innovative industry sector in Germany, and so one of major strategic importance.

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Industry & Market Numbers

• 173 billion Euro turnover in 2010 Production growth of 7.5 percent (more than double the three percent growth forecast)
• Growth of 14 percent is forecast for 2011
• 87 billion Euro domestic market for machinery & equipment manufacturers in 2010
• World export leader with 19.1 percent share of global machinery & equipment trade
• German companies register 25% of the world's mechanical engineering patents
• Annual R&D expenditures topping out at over 11.4 Billion Euro - one of the most innovative industries in Germany
• 6,300 companies employing  908,000 highly skilled employees

Source: VDMA  2011

Market | Personnel | R&D

MARKET - Exceptionally high domestic demand results from Germany's strong industrial structure.

PERSONNEL - Our universities and universities of applied science produce some of the most qualified employees in the business.

R&D - Our manufacturers cooperate closely with a network of nearly 100 mechanical engineering university faculties and numerous internationally recognized research institutes.

German Mechanical Engineers Learn from the Crisis and Pursue Proactive Strategies for the Future

Companies will increasingly emphasize innovation and flexibility in the future.

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Incentives

Germany offers numerous incentives for all investors - regardless of whether they are from Germany or otherwise. There is a large selection of programs designed to support a wide variety of business activities at different stages of the investment process available. Support ranges from cash incentives for the reimbursement of direct investment costs to incentives for labor and research and development (R&D).

"From precision tools to production lines, robots to power plants, Germany is the place to be for high-tech engineering driving global commerce."

Oliver Seiler, Director Mechanical & Electronic Technologies, Germany Trade & Invest

Physical Infrastructure | Stable Investment Environment

PHYSICAL INFRASTRUCTURE - We offer an extensive and comprehensive logistics infrastructure that integrates state-of-the-art transportation networks with the most modern telematics, IT, and telecommunications systems.

STABLE INVESTMENT ENVIRONMENT - Social, economic, and political stability provide a solid base for your corporate projects. Our judiciary and civil services are highly professional. Contractual agreements are secure and intellectual property is strictly protected in Germany.

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