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Metal Forming Machinery Manufacturing in Germany - Market Research Report (2014-2029)

Kai Buschbom-Helmke Kai Buschbom-Helmke Frankfurt, Germany Last Updated: March 2024 WZ C28.41DE

Revenue

€19.0bn

2024

€19.0bn

Past 5-Year Growth

Profit

€XXX.Xm

Employees

74,953

Businesses

479

Wages

€X.Xbn

Metal Forming Machinery Manufacturing in Germany industry analysis

Over the past five years, the machine tool manufacturing industry has experienced an unsteady development characterised by numerous challenges. Turnover fell by an average of 3.3% per year during this period and is expected to reach 19 billion euros in the current year. The sector's development is significantly influenced by demand from the automotive and steel industries as well as the mechanical engineering sector. In view of their strong foreign trade orientation, foreign markets are of enormous importance for the industry players. The sector, which is actually dominated by small and medium-sized companies, has undergone a strong process of internationalisation in the last five years. Many traditional players have been taken over by foreign companies. Schuler AG is now part of the Austrian Andritz Group and Deckel Maho Gildemeister (DMG) merged with Japan's Mori Seiki to form DMG Mori AG in 2015. These examples illustrate the increasing concentration of the market.At the beginning of the last five-year period, demand from the steel industry was low due to a decline in the price of steel. Demand from the automotive industry also fell. Combined with increasing trade tensions and the diesel scandal, industry sales developed negatively in 2019 and 2020. Mechanical engineering, an important customer market, recorded a sharp decline in orders in 2023, although the number of new vehicle registrations rose again significantly, which mitigated the decline in sales. In the current year, sales are expected to increase by 0.8% compared to the previous year.In the next five years, industry turnover is expected to increase by an average of 1% per year to €20 billion in 2029. The weak overall economy combined with geopolitical tensions and high interest rates are unlikely to allow for strong sales growth. With the further emergence of electromobility, the amount of machining required in the production of car engines is expected to decrease, which will reduce the use of machine tools.

Trends and Insights

  • In recent years, a number of German players have been taken over by foreign groups. The result of these takeovers and mergers is growing corporate and group structures.
  • Cutting machine tools are the top-selling product category in the industry. The top-selling cutting machine tools are lathes and turning centres, followed by grinding machines and milling machines or universal milling machines.
  • Most manufacturers of machine tools are located in the Süd region. Many companies from the automotive industry are based in Bavaria and Baden-Württemberg and are important customers for machine tool manufacturers.
  • The industry players are in strong internal competition with each other. Machine tool manufacturers compete primarily on price and product quality.

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  • Market estimates from 2014-2029
  • Critical performance data and rankings
  • Detailed analysis of competitive forces and the external environment
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Industry Statistics and Trends

Market size and recent performance (2014-2029)

Industry revenue has declined at a CAGR of 3.3 % over the past five years, to reach an estimated €19.0bn in 2024.

Trends and Insights

The second half of the last five-year period was characterised by weak demand for machine tools

  • In particular, demand from the automotive industry declined in the second half of the past five-year period. From 2020 to 2022, the number of new car registrations fell significantly compared to 2019. It was only last year that the number of new registrations of both passenger cars and commercial vehicles rose again significantly.
  • Additional trends and insights available with purchase
Metal Forming Machinery Manufacturing in Germany
Revenue (2014-2029)
IBISWorld Logo Source: IBISWorld

Industry outlook (2024-2029)

Market size is projected to grow over the next five years.

Trends and Insights

Biggest companies in the Metal Forming Machinery Manufacturing in Germany

Company
Market Share (%)
2024
Revenue (€m)
2024
Trumpf SE & Co. KG
1,877.2
Schuler AG
982.8
Emag GmbH & Co. KG
433.9

To view the market share and analysis for all 5 top companies in this industry, view purchase options.

Products & Services Segmentation

Metal Forming Machinery Manufacturing in Germany
Products & Services
IBISWorld Logo Source: IBISWorld

Industry revenue is measured across several distinct product and services lines, including Cutting machine tools, Forming machine tools and Parts and accessories. Cutting machine tools is the largest segment of the Metal Forming Machinery Manufacturing in Germany.

Trends and Insights

Less demand for metal-cutting machine tools

  • This product segment includes automatic lathes, milling machines, grinding machines as well as honing and lapping machines. The majority of metal-cutting machine tools are intended for metalworking.
  • More insights available in the full report

Table of Contents

About this industry

Industry definition

This sector includes the manufacture of machine tools for drilling, turning, milling, bending and pressing. The industry also includes the manufacture of machine tools that use laser beams, ultrasonic waves, plasma beams and magnetic pulses to process all kinds of materials. This sector does not include the manufacture of hand-held, motorised tools.

What's included in this industry?

Cutting machine toolsForming machine toolsParts and accessoriesProcessing centres, transfer lines and laser cutting machines

Companies

Trumpf SE & Co. KGSchuler AGEmag GmbH & Co. KG

Purchase this report to view all 5 major companies in this industry.

Related Terms

ASEAN STATESSYSTEM BUSINESSANTI-DUMPING DUTIES

Industry Code

WZ 2008

WZ 28.41 - Metal Forming Machinery Manufacturing in Germany

Performance

Get an indication of the industry's health through historical, current and forward-looking trends in the performance indicators that make or break businesses.

Analyst insights

In recent years, a number of German players have been taken over by foreign groups. The result of these takeovers and mergers is growing corporate and group structures.

In this chapter (4)

  • Current Performance
  • Outlook
  • Volatility
  • Life Cycle

Key metrics

  • Annual Revenue, Recent Growth, Forecast, Revenue Volatility
  • Number of Employees, Recent Growth, Forecast, Employees per Business, Revenue per Employee
  • Number of Businesses, Recent Growth, Forecast, Employees per Business, Revenue per Business
  • Total Profit, Profit Margin, Profit per Business

Charts

  • Revenue, including historical (2014-2023) and forecast (2024-2029)
  • Employees, including historical (2014-2023) and forecast (2024-2029)
  • Businesses, including historical (2014-2023) and forecast (2024-2029)
  • Profit, including historical (2014-2024)
  • Industry Volatility vs. Revenue Growth
  • Industry Life Cycle

Detailed analysis

  • Trends in supply, demand and current events that are driving current industry performance
  • Expected trends, economic factors and ongoing events that drive the industry's outlook
  • Key success factors for businesses to overcome volatility
  • How contribution to GDP, industry saturation, innovation, consolidation, and technology and systems influence the industry's life cycle phase.

Products and Markets

Learn about an industry's products and services, markets and trends in international trade.

Analyst insight

Cutting machine tools are the top-selling product category in the industry. The top-selling cutting machine tools are lathes and turning centres, followed by grinding machine...

In this chapter

  • Products & Services
  • Major Markets
  • International Trade

Key metrics

  • Largest market segment and value in 2024
  • Product innovation level
  • Total imports, level and trend
  • Total exports, level and trend
  • Trade Balance

Charts

  • Products & services segmentation in 2024
  • Major market segmentation in 2024
  • International trade, including imports by country and exports by country

Detailed analysis

  • Trends impacting the recent performance of the industry's various segments
  • Innovations in the industry's product or service offering, specialization or delivery method
  • Key factors that successful businesses consider in their offerings
  • Buying segments and key trends influencing demand for industry products and services
  • Recent trends in import and export volumes, country of origin or destination, and expected future trends

Geographic Breakdown

Discover where business activity is most concentrated in an industry and the factors driving these trends to find opportunities and conduct regional benchmarking.

Analyst insights

Most manufacturers of machine tools are located in the Süd region. Many companies from the automotive industry are based in Bavaria and Baden-Württemberg and are important cu...

In this chapter (1)

  • Business Locations

Charts

  • Share of revenue, establishment, wages and employment in each region
  • Share of population compared to establishments in each region in 2024

Tables

  • Number and share of establishments in each region in 2024
  • Number and share of revenue each region accounts for in 2024
  • Number and share of wages each region accounts for in 2024
  • Number and share of employees in each region in 2024

Detailed analysis

  • Geographic spread of the industry across Europe, and trends associated with changes in the business landscape
  • Key success factors for businesses to use location to their advantage

Competitive Forces

Get data and insights on what's driving competition in an industry and the challenges industry operators and new entrants may face, with analysis built around Porter's Five Forces framework.

Analyst insights

The industry players are in strong internal competition with each other. Machine tool manufacturers compete primarily on price and product quality.

In this chapter (4)

  • Concentration
  • Barriers to Entry
  • Substitutes
  • Buyer & Supplier Analysis

Key metrics

  • Industry concentration level
  • Industry competition level and trend
  • Barriers to entry level and trend
  • Substitutes level and trend
  • Buyer power level and trend
  • Supplier power level and trend

Charts

  • Market share concentration among the top 4 suppliers from 2019-2024
  • Supply chain including upstream supplying industries and downstream buying industries, flow chart

Detailed analysis

  • Factors impacting the industry’s level of concentration, such as business distribution, new entrants, or merger and acquisition activity.
  • Key success factors for businesses to manage the competitive environment of the industry.
  • Challenges that potential industry entrants face such as legal, start-up costs, differentiation, labor/capital intensity and capital expenses.
  • Key success factors for potential entrants to overcome barriers to entry.
  • Competitive threats from potential substitutes for the industry’s own products and services.
  • Key success factors for how successful businesses can compete with substitutes.
  • Advantages that buyers have to keep favorable purchasing conditions.
  • Advantages that suppliers have to maintain favorable selling conditions.
  • Key success factors for how businesses can navigate buyer and supplier power.

Companies

Learn about the performance of the top companies in the industry.

Analyst insights

Trumpf SE & Co. KG has the highest market share in the machine tool manufacturing industry. The mechanical engineering company produces machine tools, laser machines and powe...

In this chapter

  • Market Share Concentration
  • Companies
  • Company Spotlights

Charts

  • Industry market share by company in 2020 through 2024
  • Major companies in the industry, including market share, revenue, profit and profit margin in 2024
  • Overview of Trumpf SE & Co. KG's performance by revenue, market share and profit margin from 2018 through 2024
  • Overview of Schuler AG's performance by revenue, market share and profit margin from 2018 through 2024
  • Overview of Emag GmbH & Co. KG's performance by revenue, market share and profit margin from 2018 through 2024
  • Overview of revenue, market share and profit margin trend for 2 additional companies

Detailed analysis

  • Description and key data for Trumpf SE & Co. KG, and factors influencing its performance in the industry
  • Description and key data for Schuler AG, and factors influencing its performance in the industry
  • Description and key data for Emag GmbH & Co. KG, and factors influencing its performance in the industry
  • Description, key data and performance trends for 2 additional companies

External Environment

Understand the demographic, economic and regulatory factors that shape how businesses in an industry perform.   

Analyst insights

The production volume serves as an indicator of the manufacturing industry's demand for machine tools. Machine tools are used by many industrial sectors in production, which ...

In this chapter

  • External Drivers
  • Regulation & Policy
  • Assistance

Key metrics

  • Regulation & policy level and trend
  • Assistance level and trend

Charts

  • Regulation & Policy historical data and forecast (2014-2029) 
  • Assistance historical data and forecast (2014-2029) 

Detailed analysis

  • Demographic and macroeconomic factors influencing the industry, including Regulation & Policy and Assistance
  • Major types of regulations, regulatory bodies, industry standards or specific regulations impacting requirements for industry operators
  • Key governmental and non-governmental groups or policies that may provide some relief for industry operators.

Financial Benchmarks

View average costs for industry operators and compare financial data against an industry's financial benchmarks over time. 

Analyst insights

The industry is in a consolidation phase, which should lead to a higher profit margin in the future. However, the profit margin also depends heavily on the segment in which t...

In this chapter

  • Cost Structure
  • Financial Ratios
  • Key Ratios

Key metrics

  • Profit margin, and how it compares to the sector-wide margin
  • Average wages, and how it compares to the sector-wide average wage
  • Largest cost component as a percentage of revenue
  • Industry average ratios for days' receivables, industry coverage and debt-to-net-worth ratio

Charts

  • Average industry operating costs as a share of revenue, including purchases, wages, depreciation, utilities, rent, other costs and profit in 2024
  • Average sector operating costs as a share of revenue, including purchases, wages, depreciation, utilities, rent, other costs and profit in 2024
  • Investment vs. share of economy

Data tables

  • Cash Flow & Debt Service Ratios (2014-2029)
  • Revenue per Employee (2014-2029)
  • Revenue per Enterprise (2014-2029)
  • Employees per Establishment (2014-2029)
  • Employees per Enterprise (2014-2029)
  • Average Wage (2014-2029)
  • Wages/Revenue (2014-2029)
  • Establishments per Enterprise (2014-2029)
  • IVA/Revenue (2014-2029)
  • Imports/Demand (2014-2029)
  • Exports/Revenue (2014-2029)

Detailed analysis

  • Trends in the cost component for industry operators and their impact on industry costs and profitability 

Key Statistics

Industry Data

Data Tables

Including values and annual change:

  • Revenue (2014-2029)
  • IVA (2014-2029)
  • Establishments (2014-2029)
  • Enterprises (2014-2029)
  • Employment (2014-2029)
  • Exports (2014-2029)
  • Imports (2014-2029)
  • Wages (2014-2029)

Top Questions Answered

Unlock comprehensive answers and precise data upon purchase. View purchase options.

What is the market size of the Metal Forming Machinery Manufacturing industry in Germany in 2024?

The market size of the Metal Forming Machinery Manufacturing industry in Germany is €19.0bn in 2024.

How many businesses are there in the Metal Forming Machinery Manufacturing in Germany industry in 2024?

There are 479 businesses in the Metal Forming Machinery Manufacturing industry in Germany, which has grown at a CAGR of 0.3 % between 2019 and 2024.

Has the Metal Forming Machinery Manufacturing industry in Germany grown or declined over the past 5 years?

The market size of the Metal Forming Machinery Manufacturing industry in Germany has been declining at a CAGR of 3.3 % between 2019 and 2024.

What is the forecast growth of the Metal Forming Machinery Manufacturing industry in Germany over the next 5 years?

Over the next five years, the Metal Forming Machinery Manufacturing industry in Germany is expected to grow.

What are the biggest companies in the Metal Forming Machinery Manufacturing market in Germany?

The biggest companies operating in the Metal Forming Machinery Manufacturing market in Germany are Trumpf SE & Co. KG, Schuler AG and Emag GmbH & Co. KG

What does the Metal Forming Machinery Manufacturing in Germany include?

Cutting machine tools and Forming machine tools are part of the Metal Forming Machinery Manufacturing industry.

Which companies have the highest market share in the Metal Forming Machinery Manufacturing in Germany?

The company holding the most market share in Germany is Trumpf SE & Co. KG.

How competitive is the Metal Forming Machinery Manufacturing industry in Germany?

The level of competition is high and increasing in the Metal Forming Machinery Manufacturing industry in Germany.

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Complementors

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Methodology

How are IBISWorld reports created?

IBISWorld has been a leading provider of trusted industry research for over 50 years to the most successful companies worldwide. With offices in Australia, the United States, the United Kingdom, Germany and China, we are proud to have local teams of analysts that conduct research, data analysis and forecasting to produce data-driven industry reports.

Our analysts start with official, verified and publicly available sources of data to build the most accurate picture of each industry. Analysts then leverage their expertise and knowledge of the local markets to synthesize trends into digestible content for IBISWorld readers. Finally, each report is reviewed by one of IBISWorld’s editors, who provide quality assurance to ensure accuracy and readability.

IBISWorld relies on human-verified data and human-written analysis to compile each standard industry report. We do not use generative AI tools to write insights, although members can choose to leverage AI-based tools within the platform to generate additional analysis formats.

What data sources do IBISWorld analysts use?

Each industry report incorporates data and research from government databases, industry-specific sources, industry contacts, and our own proprietary database of statistics and analysis to provide balanced, independent and accurate insights.

Key data sources in Germany include:

  • German Federal Statistics Office (Destatis)
  • European Statistics Office (Eurostat)
  • United Nations Comtrade

Analysts also use industry specific sources to complement catch-all sources, although their perspective may focus on a particular organization or representative body, rather than a clear overview of all industry operations. However, when balanced against other perspectives, industry-specific sources provide insights into industry trends.

These sources include:

  • Industry and trade associations
  • Industry federations or regulators
  • Major industry players annual or quarterly filings

Finally, IBISWorld’s global data scientists maintain a proprietary database of macroeconomic and demand drivers, which our analysts use to help inform industry data and trends. They also maintain a database of statistics and analysis on thousands of industries, which has been built over our more than 50-year history and offers comprehensive insights into long-term trends.

How does IBISWorld forecast its data?

IBISWorld’s analysts and data scientists use the sources above to create forecasts for our proprietary datasets and industry statistics. Depending on the dataset, they may use regression analysis, multivariate analysis, time-series analysis or exponential smoothing techniques to project future data for the industry or driver. Additionally, analysts will leverage their local knowledge of industry operating and regulatory conditions to impart their best judgment on the forecast model.

IBISWorld prides itself on being a trusted, independent source of data, with over 50 years of experience building and maintaining rich datasets and forecasting tools. We are proud to be the keystone source of industry information for thousands of companies across the world.

Learn more about our methodology and data sourcing on the Help Center.