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Industry Overview Machinery & Equipment

The Machinery and Equipment Industry in Germany

Issue 2022/2023

With global machinery trade share of almost 16 percent, Germany’s M&E industry sector remains the world’s leading supplier of machinery – consolidating its position ahead of both China and the USA.

The Machinery & Equipment Industry in Germany The Machinery & Equipment Industry in Germany | © GTAI

Machinery & Equipment (M&E) is the second largest and the most innovative industry sector in Germany. It is one of the technological motors that drive the country as a high-tech nation. In 2021, mechanical and plant engineering was once again the most important driver of growth in German industry. Turnover increased to EUR 260 billion – a new record that contributed considerably to the upturn in the German economy. Read more about this thriving industry in our brand new industry overview. 

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