Installation of Industrial Machinery & Equipment in Germany - Market Research Report (2014-2029)
Frankfurt, Germany
Last Updated: June 2024
WZ C33.20DERevenue
€17.6bn
Past 5-Year Growth
Profit
€XXX.Xm
Employees
84,485
Businesses
718
Wages
€X.Xbn
Installation of Industrial Machinery & Equipment in Germany industry analysis
Despite the economic impact of the pandemic, industry sales remained relatively stable. This is partly due to the energy transition and the associated switch to renewable energies. In 2024, the industry will still be affected by the negative economic impact of the Ukraine conflict. As a result, industry turnover is expected to fall by 0.5% to €17.6 billion in the current year. Between 2018 and 2024, it increased by an average of 1.2% per year.Since the start of the pandemic, the sector has been particularly affected by the lower production volume in the industry. When there is less production, there is also less demand for new machines and their installation. Companies are also tending to postpone investments due to the uncertain economic situation. Although production volumes are expected to recover again in 2024, they are still likely to be significantly below the pre-crisis level of 2019. Without the German economy's strong focus on exports and the rising global trade volume forecast for 2024, the sector would be in a worse position. The recovery of the manufacturing industry and thus the sector as an associated service provider will be supported by the dynamic economic recovery abroad.For the period from 2024 to 2029, IBISWorld expects average annual growth of 1.3% and industry turnover of 18.8 billion euros in 2029. This positive development is likely to be due to the economy's recovery from the consequences of the Ukraine conflict, although production volumes are not expected to have fully recovered until the mid-2020s. The energy transition and the automotive industry's switch to electromobility will also provide positive impetus, as new plants will need to be installed for each of these. IBISWorld expects that there will be more industry players and employees in 2029 than before the coronavirus crisis.
Trends and Insights
- The energy transition is creating orders in the wind and solar energy sector. The German government is pursuing the goal of increasing the share of renewable energies in electricity consumption to at least 80% by 2050.
- The installation of electrical equipment accounts for the largest share of industry turnover in the current year. This area is becoming increasingly important due to the expansion of 5G mobile networks.
- The centre region is home to the largest proportion of companies in the sector. This is due to the fact that numerous industrial companies are located in this area and there are therefore many potential customers.
- Competition within the industry is moderate. The industry players compete primarily on the price of their services.
Industry Overview
Market size and recent performance (2014-2029)
Industry revenue has grown at a CAGR of 1.2 % over the past five years, to reach an estimated €17.6bn in 2024.
Trends and Insights
German machines and systems are in demand worldwide
- The machinery and equipment installation sector benefits greatly from the high reputation of the German mechanical and plant engineering industry. This is due to the fact that German manufacturers in this sector are not only recognised for their high quality, but also for their innovative strength.
- Additional trends and insights available with purchase
Source: IBISWorld
Industry outlook (2024-2029)
Market size is projected to grow over the next five years.
Trends and Insights
Industry players must adapt to the increasing complexity of automated production lines
- The new machines acquired in Germany are becoming increasingly complex, as they are increasingly intended to replace employees in production so that the high level of qualification of the skilled labour in the factories can be utilised accordingly.
Biggest companies in the Installation of Industrial Machinery & Equipment in Germany
| Company | Market Share (%)
2024 | Revenue (€m)
2024 |
|---|---|---|
Bilfinger SE | 928.5 | |
Aveco Holding AG | 142.2 | |
Leadec Holding B. V. & Co. KG | 114.1 |
To view the market share and analysis for all 4 top companies in this industry, view purchase options.
Products & Services Segmentation
Source: IBISWorld
Industry revenue is measured across several distinct product and services lines, including Installation of electrical equipment, Installation of steam generators and Installation of specialised machinery for the production process. Installation of electrical equipment is the largest segment of the Installation of Industrial Machinery & Equipment in Germany.
Trends and Insights
Advancing digitalisation is having a positive impact on demand for the installation of electrical equipment
- The installation of electrical equipment accounts for the largest share of industry turnover in the current year.
- More insights available in the full report
Widen you competitive advantage with related industries
Competitors
- There are no industries to display.
Complementors
- There are no industries to display.
International industries
- Machinery Maintenance & Heavy Equipment Repair Services in the US
- Machinery Maintenance & Heavy Equipment Repair Services in Canada
- Machinery Repair & Maintenance in the UK
- Electrical Equipment Repair & Maintenance in the UK
- Electrical Equipment and Machinery Manufacturing in China
Table of Contents
About this industry
Industry definition
The machinery and equipment installation sector comprises the specialised installation of systems and equipment that are not an integral part of buildings. Industry-specific activities include the installation of production systems, large computers, telecommunications systems and radiation and electromedical equipment. The industry does not include the installation of escalators or lifts, for example.
What's included in this industry?
Installation of electrical equipmentInstallation of steam generatorsInstallation of specialised machinery for the production processCompanies
Bilfinger SEAveco Holding AGLeadec Holding B. V. & Co. KGPurchase this report to view all 4 major companies in this industry.
Related Terms
5GAUGMENTED REALITYONSHORE/OFFSHORE WIND POWER PLANTSMAINTENANCE, REPAIR AND OPERATIONS (MRO)INDUSTRY 4.0NEARSOURCINGIndustry Code
WZ 33.20 - Installation of Industrial Machinery & Equipment in Germany
Performance
Get an indication of the industry's health through historical, current and forward-looking trends in the performance indicators that make or break businesses.
Analyst insights
The energy transition is creating orders in the wind and solar energy sector. The German government is pursuing the goal of increasing the share of renewable energies in elec...
In this chapter (4)
- Current Performance
- Outlook
- Volatility
- Life Cycle
Key metrics
- Annual Revenue, Recent Growth, Forecast, Revenue Volatility
- Number of Employees, Recent Growth, Forecast, Employees per Business, Revenue per Employee
- Number of Businesses, Recent Growth, Forecast, Employees per Business, Revenue per Business
- Total Profit, Profit Margin, Profit per Business
Charts
- Revenue, including historical (2014-2023) and forecast (2024-2029)
- Employees, including historical (2014-2023) and forecast (2024-2029)
- Businesses, including historical (2014-2023) and forecast (2024-2029)
- Profit, including historical (2014-2024)
- Industry Volatility vs. Revenue Growth
- Industry Life Cycle
Detailed analysis
- Trends in supply, demand and current events that are driving current industry performance
- Expected trends, economic factors and ongoing events that drive the industry's outlook
- Key success factors for businesses to overcome volatility
- How contribution to GDP, industry saturation, innovation, consolidation, and technology and systems influence the industry's life cycle phase.
Products and Markets
Learn about an industry's products and services, markets and trends in international trade.
Analyst insight
The installation of electrical equipment accounts for the largest share of industry turnover in the current year. This area is becoming increasingly important due to the expa...
In this chapter
- Products & Services
- Major Markets
Key metrics
- Largest market segment and value in 2024
- Product innovation level
Charts
- Products & services segmentation in 2024
- Major market segmentation in 2024
Detailed analysis
- Trends impacting the recent performance of the industry's various segments
- Innovations in the industry's product or service offering, specialization or delivery method
- Key factors that successful businesses consider in their offerings
- Buying segments and key trends influencing demand for industry products and services
Geographic Breakdown
Discover where business activity is most concentrated in an industry and the factors driving these trends to find opportunities and conduct regional benchmarking.
Analyst insights
The centre region is home to the largest proportion of companies in the sector. This is due to the fact that numerous industrial companies are located in this area and there ...
In this chapter (1)
- Business Locations
Charts
- Share of revenue, establishment, wages and employment in each region
- Share of population compared to establishments in each region in 2024
Tables
- Number and share of establishments in each region in 2024
- Number and share of revenue each region accounts for in 2024
- Number and share of wages each region accounts for in 2024
- Number and share of employees in each region in 2024
Detailed analysis
- Geographic spread of the industry across Europe, and trends associated with changes in the business landscape
- Key success factors for businesses to use location to their advantage
Competitive Forces
Get data and insights on what's driving competition in an industry and the challenges industry operators and new entrants may face, with analysis built around Porter's Five Forces framework.
Analyst insights
Competition within the industry is moderate. The industry players compete primarily on the price of their services.
In this chapter (4)
- Concentration
- Barriers to Entry
- Substitutes
- Buyer & Supplier Analysis
Key metrics
- Industry concentration level
- Industry competition level and trend
- Barriers to entry level and trend
- Substitutes level and trend
- Buyer power level and trend
- Supplier power level and trend
Charts
- Market share concentration among the top 4 suppliers from 2019-2024
- Supply chain including upstream supplying industries and downstream buying industries, flow chart
Detailed analysis
- Factors impacting the industry’s level of concentration, such as business distribution, new entrants, or merger and acquisition activity.
- Key success factors for businesses to manage the competitive environment of the industry.
- Challenges that potential industry entrants face such as legal, start-up costs, differentiation, labor/capital intensity and capital expenses.
- Key success factors for potential entrants to overcome barriers to entry.
- Competitive threats from potential substitutes for the industry’s own products and services.
- Key success factors for how successful businesses can compete with substitutes.
- Advantages that buyers have to keep favorable purchasing conditions.
- Advantages that suppliers have to maintain favorable selling conditions.
- Key success factors for how businesses can navigate buyer and supplier power.
Companies
Learn about the performance of the top companies in the industry.
Analyst insights
As Bilfinger SE specialises in gas and coal-fired power plants, the energy transition in Germany is reducing sales in this area. However, the market for the construction of n...
In this chapter
- Market Share Concentration
- Companies
- Company Spotlights
Charts
- Industry market share by company in 2020 through 2024
- Major companies in the industry, including market share, revenue, profit and profit margin in 2024
- Overview of Bilfinger SE's performance by revenue, market share and profit margin from 2018 through 2024
- Overview of Aveco Holding AG's performance by revenue, market share and profit margin from 2018 through 2024
- Overview of Leadec Holding B. V. & Co. KG's performance by revenue, market share and profit margin from 2018 through 2024
- Overview of revenue, market share and profit margin trend for one additional company
Detailed analysis
- Description and key data for Bilfinger SE, and factors influencing its performance in the industry
- Description and key data for Aveco Holding AG, and factors influencing its performance in the industry
- Description and key data for Leadec Holding B. V. & Co. KG, and factors influencing its performance in the industry
- Description, key data and performance trends for one additional company
External Environment
Understand the demographic, economic and regulatory factors that shape how businesses in an industry perform.
Analyst insights
Motor vehicle manufacturers are one of the most important markets for the industry. Due to the conversion of production facilities to electric and hybrid vehicles, demand fro...
In this chapter
- External Drivers
- Regulation & Policy
- Assistance
Key metrics
- Regulation & policy level and trend
- Assistance level and trend
Charts
- Regulation & Policy historical data and forecast (2014-2029)
- Assistance historical data and forecast (2014-2029)
Detailed analysis
- Demographic and macroeconomic factors influencing the industry, including Regulation & Policy and Assistance
- Major types of regulations, regulatory bodies, industry standards or specific regulations impacting requirements for industry operators
- Key governmental and non-governmental groups or policies that may provide some relief for industry operators.
Financial Benchmarks
View average costs for industry operators and compare financial data against an industry's financial benchmarks over time.
Analyst insights
The profits of industry players vary greatly depending on the respective areas of activity. Specialised installers can achieve higher profit margins, but are also dependent o...
In this chapter
- Cost Structure
- Financial Ratios
- Key Ratios
Key metrics
- Profit margin, and how it compares to the sector-wide margin
- Average wages, and how it compares to the sector-wide average wage
- Largest cost component as a percentage of revenue
- Industry average ratios for days' receivables, industry coverage and debt-to-net-worth ratio
Charts
- Average industry operating costs as a share of revenue, including purchases, wages, depreciation, utilities, rent, other costs and profit in 2024
- Average sector operating costs as a share of revenue, including purchases, wages, depreciation, utilities, rent, other costs and profit in 2024
- Investment vs. share of economy
Data tables
- Cash Flow & Debt Service Ratios (2014-2029)
- Revenue per Employee (2014-2029)
- Revenue per Enterprise (2014-2029)
- Employees per Establishment (2014-2029)
- Employees per Enterprise (2014-2029)
- Average Wage (2014-2029)
- Wages/Revenue (2014-2029)
- Establishments per Enterprise (2014-2029)
- IVA/Revenue (2014-2029)
- Imports/Demand (2014-2029)
- Exports/Revenue (2014-2029)
Detailed analysis
- Trends in the cost component for industry operators and their impact on industry costs and profitability
Key Statistics
Industry Data
Data Tables
Including values and annual change:
- Revenue (2014-2029)
- IVA (2014-2029)
- Establishments (2014-2029)
- Enterprises (2014-2029)
- Employment (2014-2029)
- Exports (2014-2029)
- Imports (2014-2029)
- Wages (2014-2029)
Methodology
How are IBISWorld reports created?
IBISWorld has been a leading provider of trusted industry research for over 50 years to the most successful companies worldwide. With offices in Australia, the United States, the United Kingdom, Germany and China, we are proud to have local teams of analysts that conduct research, data analysis and forecasting to produce data-driven industry reports.
Our analysts start with official, verified and publicly available sources of data to build the most accurate picture of each industry. Analysts then leverage their expertise and knowledge of the local markets to synthesize trends into digestible content for IBISWorld readers. Finally, each report is reviewed by one of IBISWorld’s editors, who provide quality assurance to ensure accuracy and readability.
IBISWorld relies on human-verified data and human-written analysis to compile each standard industry report. We do not use generative AI tools to write insights, although members can choose to leverage AI-based tools within the platform to generate additional analysis formats.
What data sources do IBISWorld analysts use?
Each industry report incorporates data and research from government databases, industry-specific sources, industry contacts, and our own proprietary database of statistics and analysis to provide balanced, independent and accurate insights.
Key data sources in Germany include:
- German Federal Statistics Office (Destatis)
- European Statistics Office (Eurostat)
- United Nations Comtrade
Analysts also use industry specific sources to complement catch-all sources, although their perspective may focus on a particular organization or representative body, rather than a clear overview of all industry operations. However, when balanced against other perspectives, industry-specific sources provide insights into industry trends.
These sources include:
- Industry and trade associations
- Industry federations or regulators
- Major industry players annual or quarterly filings
Finally, IBISWorld’s global data scientists maintain a proprietary database of macroeconomic and demand drivers, which our analysts use to help inform industry data and trends. They also maintain a database of statistics and analysis on thousands of industries, which has been built over our more than 50-year history and offers comprehensive insights into long-term trends.
How does IBISWorld forecast its data?
IBISWorld’s analysts and data scientists use the sources above to create forecasts for our proprietary datasets and industry statistics. Depending on the dataset, they may use regression analysis, multivariate analysis, time-series analysis or exponential smoothing techniques to project future data for the industry or driver. Additionally, analysts will leverage their local knowledge of industry operating and regulatory conditions to impart their best judgment on the forecast model.
IBISWorld prides itself on being a trusted, independent source of data, with over 50 years of experience building and maintaining rich datasets and forecasting tools. We are proud to be the keystone source of industry information for thousands of companies across the world.
Learn more about our methodology and data sourcing on the Help Center.
Frequently Asked Questions
Unlock comprehensive answers and precise data upon purchase. View purchase options.
What is the market size of the Installation of Industrial Machinery & Equipment industry in Germany in 2024?
The market size of the Installation of Industrial Machinery & Equipment industry in Germany is €17.6bn in 2024.
How many businesses are there in the Installation of Industrial Machinery & Equipment in Germany industry in 2024?
There are 718 businesses in the Installation of Industrial Machinery & Equipment industry in Germany, which has grown at a CAGR of 1.6 % between 2019 and 2024.
Has the Installation of Industrial Machinery & Equipment industry in Germany grown or declined over the past 5 years?
The market size of the Installation of Industrial Machinery & Equipment industry in Germany has been growing at a CAGR of 1.2 % between 2019 and 2024.
What is the forecast growth of the Installation of Industrial Machinery & Equipment industry in Germany over the next 5 years?
Over the next five years, the Installation of Industrial Machinery & Equipment industry in Germany is expected to grow.
What are the biggest companies in the Installation of Industrial Machinery & Equipment market in Germany?
The biggest companies operating in the Installation of Industrial Machinery & Equipment market in Germany are Bilfinger SE, Aveco Holding AG and Leadec Holding B. V. & Co. KG
What does the Installation of Industrial Machinery & Equipment in Germany include?
Installation of electrical equipment and Installation of steam generators are part of the Installation of Industrial Machinery & Equipment industry.
Which companies have the highest market share in the Installation of Industrial Machinery & Equipment in Germany?
The company holding the most market share in Germany is Bilfinger SE.
How competitive is the Installation of Industrial Machinery & Equipment industry in Germany?
The level of competition is moderate and steady in the Installation of Industrial Machinery & Equipment industry in Germany.
