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Germany’s machinery and equipment marketing revenue last year was 233 billion euros, the United States was 231 billion euros, Japan was 186 billion euros, and Italy was 108 billion euros. Globally, the world's mechanical equipment sales revenue in 2008 was 1.6 trillion euros, the previous year was 1.35 trillion euros. Affected by the international financial crisis, the German Federation of Machinery and Equipment Manufacturers expects that the world's machinery and equipment marketing revenue will be 10% lower than last year.
The most difficult period for the mechanical equipment manufacturing industry is the first two months of this year. According to statistics, orders lost in the German machinery manufacturing industry in January and February this year were close to 50%. Since the middle of last year, German machinery manufacturing orders have continued to decline, resulting in a 23% decline in production. However, Hesse, the director of the German Federation of Machinery and Equipment Manufacturers, believes that the end of the order has been going downhill since the middle of this year. However, he believes that the production of mechanical equipment in Germany will be reduced by one-fifth this year.
Although the marketing revenue of China's machinery and equipment exceeds the developed countries such as Germany and the United States, it is still not a strong country in the equipment manufacturing industry, because China currently dominates the low-end market. The high-end market, including some mid-end markets, is still occupied by developed countries such as Germany and the United States. China still has a long way to go before it dominates the mid- to high-end machinery manufacturing market. Talents and technology are the key to making breakthroughs.
China's machinery and equipment marketing revenue ranked first in the world in 2008
The reporter learned from the Hannover International Industry Fair that China's machinery and equipment marketing revenue surpassed Germany for the first time in 2008. According to the German Machinery and Equipment Manufacturing Federation, the marketing revenue of China's machinery and equipment reached 271 billion euros last year, surpassing Germany and the United States, ranking first in the world.