Machine tool market shows signs of stabilizing
Incoming orders in the German machine tool industry show early signs of stabilizing after a prolonged period of decline. Although overall demand remained weak in the third quarter of…
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Demand for German Machine Tools has Stalled
Orders received by the German machine tool industry in the third quarter of 2024 were 16% down on the same period last year. Orders from Germany fell by 17%, whereas those from…
Read moreGerman Machine Tool Manufacturers Adapt to Declining Automotive Industry
Last year, the German machine tool industry supplied around 27% of its production to the automotive industry and its suppliers, according to the latest customer structure survey conducted…
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