Pump & Compressor Manufacturing in Germany - Market Research Report (2014-2029)

International competition is increasingly causing sales problems for domestic manufacturers of pumps and compressors. Since 2019, the industry has been developing negatively with an average decline in sales of 2.1% per year. To be able to compete internationally, German companies are increasingly investing in the research and development of new technologies. These include digital components for various pump systems. With their help, it is possible to precisely control and monitor the systems. In 2020, there was a pandemic-related slump in sales, as demand for motor vehicles and industrial plants, which require pumps and compressors, fell significantly. This was followed by a moderate recovery in 2021, which resulted from the renewed increase in demand for automobiles and other consumer goods. For 2024, IBISWorld expects a decline in turnover of 1.9% compared to the previous year to 12.9 billion euros.One of the industry's main customers is the automotive industry. It uses pumps and associated systems for fuel transport and engine cooling. The industry also benefits from the strong position of mechanical engineering in Germany. This enables manufacturers to assert themselves better internationally, as their products are associated with the keywords precision, quality and technology. For 2024, sales to automotive manufacturers are expected to be weak and the production volume will only change negatively compared to the previous year.In the next five years, the industry is likely to continue to grow only slightly. The industry's total turnover is expected to increase by an average of 0.5% per year to €13.2 billion by 2029. In particular, the difficult situation on the global market, which is characterised by global supply chain problems, is likely to cause problems for industry players. On the other hand, the industry should benefit from the fact that many German customers are increasingly shortening their supply chains and sourcing more pumps and compressors from German suppliers.

国际竞争正日益给国内泵和压缩机制造商的销售额带来问题。自2019年以来，该行业的发展呈现负向趋势，年销售额平均下降2.1%。为了在国际市场上竞争，德国公司正越来越多地投资于新技术的研发，包括适用于各种泵系统的数字组件。借助这些组件，可以实现对系统的精确控制和监测。2020年，由于与疫情相关的销售下滑，对需要泵和压缩机的汽车和工业设备的需求显著下降。此后，2021年出现了一定的恢复，这得益于汽车和其他消费品需求的再次增长。IBISWorld预计，到2024年，与上一年相比，销售额将下降1.9%，达到129亿欧元。该行业的主要客户之一是汽车行业，它使用泵和相关系统进行燃料运输和发动机冷却。得益于德国机械工程领域的强大地位，该行业也能在国际市场上更好地确立自身地位，因为其产品与精确、质量和技术等关键词相关联。预计2024年对汽车制造商的销售将疲软，与上一年相比，生产量将仅呈负面变化。在未来五年内，预计该行业仅会略有增长。该行业的总销售额预计将平均每年增长0.5%，到2029年将达到132亿欧元。特别是，全球市场的不利局面，其特征是全球供应链问题，可能会给行业参与者带来麻烦。另一方面，该行业应从德国客户越来越多地缩短供应链并从德国供应商处采购更多泵和压缩机这一事实中受益。