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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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Year-on-year capacity utilization in the German machine tool industry
© ifo-Institut München
... Capacity utilization averaged over 88% for the year, around two percentage points below the previous year's level. However, the last figure recorded in January 2016 is pointing upwards again. At an average of 6.8 months, the order backlog was half a month down on the previous year. The VDW sees market potential for the German machine tool industry ...
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