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Germany – The World’s Automotive Hub of Innovation
Germany is recognized the world over for its outstanding automotive industry and excellence in engineering. From Asia to the Americas, German cars embody highly cherished values of innovation, reliability, safety, and design. Germany is by some distance Europe’s leading production and sales market. The country’s world-class R&D infrastructure, complete industry value chain integration, and highly qualified workforce create an internationally peerless automotive environment. It enables companies to develop cutting- edge technologies, which perfectly address tomorrow’s mobility needs.More than 125 years after inventing the automobile, Germany remains the world’s automotive innovation hub.
German automobile companies are some of the most successful in the industry on an international scale. In fact, the Volkswagen Group topped a ranking of leading motor manufacturers based on global sales, with over 10.8 million units sold worldwide.
The sector will expand at a modest Compound Annual Growth Rate (CAGR) of 1.7% to reach an estimated $65 billion by 2020.With almost 400 biotech companies, Germany is one of the world's largest locations in this sector. In 2019, the estimated revenue of the industry was €104.0 billion. 9.5% of the revenue was generated by the subindustry "Manufacture of basic pharmaceutical products”. Germany counts among the world’s 5 pharmaceutical production location because of research and high grade products. Euro 5.8 billion are spend by Germany on R & D expenditure in 2019.
Manufacturing contributed 23.4 percent to gross value added in Germany in 2017. Turnover in the manufacturing companies amounted to 1,893 billion euros in 2017. The top sector was the automotive industry with 425 billion euros. 6.2 million employees worked in Germany in 2017 in 45,308 industrial enterprises with 20 or more employees. The manufacturing sectors invested 53.4 billion euros in research and development in 2016. The figure for the rest of the economy was 9.5 billion euros.
Chemical Industry is Third-largest industry in Germany.With a 2018 turnover of €203.0 billion, chemicals and pharmaceuticals are the third-largest industry in Germany, behind only automotive and machinery and equipment. In 2018 nearly 2,050 companies partly organized in 40 Chemical Parks employed 462,553 people. Sales in the industry rose by almost 4 percent to 203 billion Euro in 2018. 60 percent of total sales were generated with customers abroad. More than 60% of German chemical companies have research activities, and R&D spending exceeds €11 billion each year.
Germany’s Machinery and Equipment (M&E) sector is the world’s leading supplier of machinery with 16 percent share of global trade. German manufacturers are also the world leaders in 19 out of 31 M&E sectors in global comparison. The M&E sector is the second largest and most innovative industry sector in Germany. In 2018, mechanical and plant engineering was again the most important driver of German industry growth. Nominal turnover increased to EUR 226 billion – a new record that contributed considerably to the upturn in the German economy. The country retains its role as a globally competitive and flexible R&D test bed thanks to M&E innovative strength.
The fourth industrial revolution is already underway thanks to the country`s ambitions Industry 4.0 initiative. This landmark project is ushering in a new age of decentralized production that is transforming industry. Automation technology developments will consolidate Germany’s position as the lead provider and market for virtual systems and highly developed production systems.
Place: Düsseldorf, Germany
Date: 16 - 19 Nov 2020
Date : 12 - 16 Apr 2021
Place: Deutsche Messe AG, Hanover, Germany