The market is dominated by domestic suppliers, as imports account for 18.4% of total market size in 2021. B2B drives market demand, with B2B spending representing 97.0% of total demand in 2021. Germany has the largest market size for industrial and laboratory furnaces regionally, with demand reaching USD2.0 billion in 2021. Max Weishaupt GmbH is the largest company in Germany, generating 4.4% of the industry’s total production value in 2021. The industry is fragmented, with the top five companies generating 11.6% of total production value in 2021. The total number of companies decreases in 2021, to 607 units. The costs of the industry increase by 10.2% in 2021, largely driven by rising B2B costs. The industry’s profitability increases and stands at 3.4% of production value in 2021, the 16th highest regionally. The industry’s exports share decreases in 2021 to 52.6% of total production output. With production value of USD3.1 billion, Germany accounts for 34.3% of the Western Europe total in 2021.
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This Euromonitor industrial report provides unique information on Industrial and Laboratory Furnaces in Germany: ISIC 2914. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Industrial and Laboratory Furnaces in Germany: ISIC 2914 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
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