The market is dominated by domestic suppliers, as imports account for 45.7% of total market size in 2022. B2B drives market demand, with B2B spending representing 97.0% of total demand in 2022. Germany has the largest market size for bearings, gears, and driving elements regionally, with demand reaching USD20.3 billion in 2022. INA Holdings Schaeffler KG is the largest company in Germany, generating 20.0% of the industry’s total production value in 2022. The industry is fragmented, with the top five companies generating 38.4% of total production value in 2022. The total number of companies remains unchanged in 2022. The costs of the industry decrease by 4.7% in 2022, largely driven by declining labour costs. The industry’s profitability increases and stands at 3.4% of production value in 2022, the 16th highest regionally. The industry’s exports share decreases in 2022 to 58.3% of total production output. With production value of USD24.7 billion, Germany accounts for 53.3% of the Western Europe total in 2022.
Delivery:
Files are delivered directly into your account soon after payment is received and any tax is certification is verified (where applicable).
This report comes in PDF.
This Euromonitor industrial report provides unique information on Bearings, Gears, and Driving Elements in Germany: ISIC 2913. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Bearings, Gears, and Driving Elements in Germany: ISIC 2913 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
This is the aggregation of general purpose machinery and special purpose machinery.
See All of Our DefinitionsIf you purchase a report that is updated in the next 60 days, we will send you the new edition and data extraction Free!