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Vietnam is in the midst of a far-reaching administrative reform that is realigning the country politically and economically - with consequences for European mechanical engineering companies.
In 2026, global machinery and equipment turnover is expected to grow by 2% on a price-adjusted basis. Growth in Asia will remain above average. Stagnation looms in the EU-27.
The global business situation in the mechanical engineering sector remains mixed. While India and Brazil are impressing with good figures, China is struggling with structural challenges. The USA is characterized by the latest tariff policy.
In light of Trump’s tariffs, analysts highlight ASEAN’s risks from trade tensions but remain optimistic about the region's resilience. Singapore’s semiconductor industry stays cautious, exporters diversify suppliers and customers amid uncertainties.
The following summarizes the discussions with VDMA members' branches in Turkey and with Turkish mechanical engineering companies as well as the second meeting of VDMA members in Istanbul.
The global economy is in a phase of reorientation, characterized by uncertainty, fragmentation and technological transformation.
The VDMA Business Survey Q4/2025 ran from January 13 to 28, 2026. 1331 responses were received from 965 companies. The mood has brightened slightly.
Stay successful in a volatile market: VDMA offers an interactive report on European business climate indicators. Follow the developments of your most important European target markets and customer industries at a glance and make informed decisions based on current data.
There are many reasons for European companies to think about diversification of supply chains, production sites and sales markets. Indonesia is increasingly coming into focus in the machinery and plant engineering sector.
It's the same exercise every year: as part of the preparation of the management report, an overview of the overall economic development and the situation in the industry usually has to be provided.
Every month, around 10,000 companies - including 400 mechanical engineering companies - from Germany report their assessments to the economic research institute as part of the ifo Business Survey. Not yet a reporter? Then it's high time!
Where answers count and expertise is required: At VDMA Photovoltaik Equipment, you receive all the services the industry needs in Germany. Professional and reliable, we are the drive and backing for your company. We catch the top themes and create values for you.
