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Machine tool industryVDW cautiously optimistic for 2016

Despite a new record result for machine tool production in 2015, the VDW is cautiously optimistic about the new year. The association recently presented how the industry figures are developing and where the market potential lies for German manufacturers.

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Machine tool market Iran
© Statistisches Bundesamt, VDMA, VDW
... in Iran: at the beginning of the 1990s, German machine tool manufacturers exported machines worth almost 190 million euros to Iran. Most recently, the figure was 20 million euros. The VDW assumes that the country's machine tool consumption will rise rapidly from its most recent level of 82 million euros. Good sales opportunities are expected due to the high demand for modernization among equipment suppliers for the oil and gas industry and in the automotive industry. Another exciting growth market is ...
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