Global mechanical engineering market / StudyDigitalization brings highs

The digital transformation is creating a special boom in the global mechanical engineering industry - this is the conclusion of the 'Industrial Goods Study 2018'. However, machine and plant manufacturers have some catching up to do when it comes to digitalizing their manufacturing processes.

2 of 15
2_Development of the global mechanical engineering market until 2021
© VDMA, Oanda, AlixPartners

... According to the authors of the study, the global mechanical engineering market could continue to develop robustly in a persistently good, largely stable economic environment. They expect global market growth of 3 to 4% per year over the next four years. By 2021, they believe that global machine sales of over EUR 3 trillion are possible. euros is possible.

2 of 15
Advertisement
Back to home