The rubber and plastics machinery sector is growing by around 10% faster than the German machinery industry – Quest Industry Report

The Quest Industry Report compares the production and sales of rubber and plastics machinery with the mechanical engineering industry since the global economic crisis from 2008 to 2017. This long-term comparison clearly shows the special features of the sector. The production of rubber and plastics machinery initially stagnated for several years after the crisis had Read more about The rubber and plastics machinery sector is growing by around 10% faster than the German machinery industry – Quest Industry Report[…]

Five of the ten product segments shaping production and sales of machine tool sector – new Quest industry report

The new Quest Industry Report differentiates the ten product segments of the machine tool sector according to their unit and value shares at the total unit and value volume of the sector in 2017. The basic data comes from the Federal Statistical Office. This results in diverse positions of the ten product segments with regard Read more about Five of the ten product segments shaping production and sales of machine tool sector – new Quest industry report[…]

Growth trends in production and sales in the automotive industry weakened slightly in August – new Quest economic report

The current growth trend in car production in Germany started at the beginning of 2014 and has been continuing since then. From the beginning of 2014 to August 2018, this growth trend is 2.1% per year. This is lower than the 2.8% annual growth in world automobile production between 2007 and 2017. The Quest Trend Read more about Growth trends in production and sales in the automotive industry weakened slightly in August – new Quest economic report[…]

Fluctuation range of production and sales in German machiner yindustry significantly increased since 2012

The trend report applies Bollinger Bands to the development of production and sales since the year 2000. This statistical measure, which is widespread in the financial world, covers 67% of all values deviating from the average of the last 12 months. Thus, at a glance, the bands illustrate the fluctuation range of production and sales Read more about Fluctuation range of production and sales in German machiner yindustry significantly increased since 2012[…]

Growth trends of production and sales in German machinery industry at 3.3% resp. 3.2% p.a. in August 2018

The new Quest Economic Report determines the trend growth of production of the German machinery industry. The trend is set to be the average of the last 12 months. Since March 2017, a production growth trend has developed with a growth rate of 3.3% per year until August 2018. This growth trend has replaced a Read more about Growth trends of production and sales in German machinery industry at 3.3% resp. 3.2% p.a. in August 2018[…]

Slightly declining market shares of packaging machines from Germany in the EU 2017 – new Quest sector report

In the EU, sales of packaging machines increased by 7% from 2016 to 2017. Sales of outer packaging machines, which account for the lion’s share, rose by 10%, filling and sealing machines fell by 3% and sales of cleaning machines increased disproportionately by 12%. The latter, however, only have a market share of 4%. The Read more about Slightly declining market shares of packaging machines from Germany in the EU 2017 – new Quest sector report[…]

Growth trends in production and sales in the German mechanical engineering in July 2018 at the same level of 3.2% p.a.

Since March 2017, production in the German mechanical engineering sector showed a growth trend of 3.2% per annum until July 2018. This growth trend has replaced a five-year stagnation phase during which production increased by only 0.7% per year. The Quest Trend Magazine records the growth trend as a moving annual average of the monthly Read more about Growth trends in production and sales in the German mechanical engineering in July 2018 at the same level of 3.2% p.a.[…]

IDS strengthens presence in South Korea

From September 2018, IDS Imaging Development Systems GmbH will have its own subsidiary in South Korea. The leading manufacturer of digital industrial cameras thus clearly underlines the importance of the image processing market there. From a sales office founded in 2015 to a branch office – a big step and at the same time a Read more about IDS strengthens presence in South Korea[…]

iTAC Software AG cooperating with GreatWall Digital Software in China

iTAC Software AG and Xi’an GreatWall Digital Software Co, Ltd. have entered into a partnership. As part of this cooperation, Xi’an GreatWall Digital Software is supporting iTAC in the implementation of the iTAC.MES.Suite in China, and will also be offering it to its customers. The partners are also developing joint industry solutions for the Asian Read more about iTAC Software AG cooperating with GreatWall Digital Software in China[…]

Growth expectations to 2020 for textile machines lower than in machinery industry

Production in the textile machinery sector grew by 3.5% weaker than in mechanical engineering in recent years from 2014 to 2017 as a related industry report indicates in the Quest Trend Magazine about production and sales of this sector. In the same period, sales also developed 2.5% weaker than in machinery industry. This situation naturally Read more about Growth expectations to 2020 for textile machines lower than in machinery industry[…]