ZVEI / German electrical exports100 billion euro mark cracked
Upswing for German electrical exports: in June 2018, they rose by 3.8% year-on-year to €17.5 billion. According to the ZVEI, the electrical industry exported goods worth 102 billion euros in the first half of 2018, which is 4.3% above the previous year's level.
© Nationale Statistische Länder / ZVEI
The ZVEI's global electrical market forecast:
The global electrical market grew by 6% to €4,223 billion last year 2017. "We expect growth of 5% and 4% for 2018 and 2019," predicts Dr. Gontermann. The Asian market (+6% and +5%) is expected to grow faster than the American (+5% and +4%) and European (+4% and +3%) markets.