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Other Electrical Equipment Manufacturing in Germany - Market Research Report (2015-2030)

David Riemeier David Riemeier Frankfurt, Germany Last Updated: May 2025 WZ C27.90DE

Revenue

€23.7bn

2025

€23.7bn

Past 5-Year Growth

Profit

€X.Xbn

Employees

81,341

Businesses

456

Wages

€X.Xbn

Other Electrical Equipment Manufacturing in Germany industry analysis

In the other electrical equipment manufacturing sector, the corporate landscape has been confronted with a wide range of economic conditions in recent years. Despite increased raw material prices and ongoing challenges due to global supply chain problems, demand for the industry's products remained high, resulting in solid sales growth. At the same time, increasing competitive pressure - particularly from foreign manufacturers - and the need for companies to adjust their prices led to a slight decline in profit margins, even if the rise in raw material prices has recently slowed somewhat. Increasing automation, digitalisation and electrification in various sectors of the economy, but especially in the manufacturing industry, has led to high demand for electrical equipment and devices. Raw material prices have risen sharply in recent years, but this increase has recently slowed down. Nevertheless, growing competitive pressure, especially from foreign manufacturers, is causing a slight decline in profit margins as companies have to adjust their prices. < />Geopolitical conflicts and the resulting trade policy distortions mean that production volumes are expected to be weak in the near future. This jeopardises demand for the sector's products from the manufacturing industry, which represents a very important sales market. However, some sectors, such as the automotive industry, are struggling with supply bottlenecks for semiconductors and are therefore having to reduce their production. In addition, US tariffs are making it more difficult to sell goods in this important export market. As a result, this is also dampening demand for intermediate products such as other electrical equipment and devices. Overall, however, increasing digitalisation in Germany as well as advancing electrification and the energy transition should ensure slight sales growth in the sector.Slight growth is expected in the sector over the next five years. Increasing electrification and digitalisation in industry as well as the energy transition could boost sales of electrical equipment and devices. However, this trend is offset by increasing protectionism, which makes international trade more difficult. As a result, the industry is estimated to grow at an average annual rate of just 0.2%, which means that sales are expected to reach €24 billion in 2030. The number of market participants is likely to stagnate, as foreign companies in particular are increasing competitive pressure. The main revenue drivers for the industry will remain the progress made in the transport and energy transition, which will be reinforced by the increasing demand for innovative electrical solutions and infrastructures.

Trends and Insights

  • Chinese competitors are putting the industry under increasing pressure. Around a third of imports of electrical equipment currently come from China, and the trend is rising.
  • The planned US tariffs of 20% on other electrical equipment could place a considerable burden on German exporters. Higher costs would reduce the competitiveness of German products on the US market, which could lead to a decline in export volumes.
  • The central region is home to the largest proportion of companies in the sector. Manufacturers of electrical equipment benefit from its proximity to industry and its central location within the European Union.
  • Competition in the other electrical equipment manufacturing industry is fierce. There are many small and medium-sized companies operating in the sector, some of which try to set themselves apart from the competition by specialising in niche products.
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Industry Statistics and Trends

Market size and recent performance (2015-2030)

Industry revenue has grown at a CAGR of 2.3 % over the past five years, to reach an estimated €23.7bn in 2025.

Trends and Insights

Technological and sustainable change offered the industry the opportunity to tap into sales potential

  • The continuing trend towards electrification in both the industrial and private sectors has boosted demand for electrical equipment such as inverters, converters and chargers. In particular, the electrification of transport, for example through electric vehicles, has led to increased demand for corresponding components.
  • Additional trends and insights available with purchase
Other Electrical Equipment Manufacturing in Germany
Revenue (2015-2030)
IBISWorld Logo Source: IBISWorld

Industry outlook (2025-2030)

Market size is projected to grow over the next five years.

Trends and Insights

Electrification and miniaturisation open up new sales potential for the industry through customer-oriented adaptations

  • The trends towards electrification and miniaturisation offer enormous opportunities for the electrical industry, especially for companies that manufacture capacitors and similar components. Miniaturised components are increasingly needed to support ever smaller devices, especially in automation technology. This applies not only to manufacturing robots, but also to devices and machines in microelectronics, medical technology and consumer electronics.

Biggest companies in the Other Electrical Equipment Manufacturing in Germany

Company
Market Share (%)
2025
Revenue (€m)
2025

There are no companies that hold a large enough market share in the Other Electrical Equipment Manufacturing in Germany industry for IBISWorld to include in this product.

Products & Services Segmentation

Other Electrical Equipment Manufacturing in Germany
Products & Services
IBISWorld Logo Source: IBISWorld

Industry revenue is measured across several distinct product and services lines, including Power converter, Welding and soldering equipment and Electrical components. Power converter is the largest segment of the Other Electrical Equipment Manufacturing in Germany.

Trends and Insights

Power converters are of central importance for industry sales

  • Power converters are electronic devices that convert alternating current into direct current or can control the flow of direct current in a specific direction. This product category also includes power supply units and switching power supplies.
  • More insights available in the full report

Table of Contents

About this industry

Industry definition

Companies that are active in the manufacture of other electrical equipment and devices produce various electrical equipment items. These include, for example, traffic control systems, home communication systems, device and extension cables and power converters.

What's included in this industry?

Products and services covered in the Other Electrical Equipment Manufacturing industry in Germany include Power converter, Welding and soldering equipment, Electrical components, Appliance and extension cables and Electrical traffic systems and controls.

Companies

Companies covered in the Other Electrical Equipment Manufacturing industry in Germany include .

Purchase this report to view all major companies in this industry.

Related Terms

Related terms covered in the Other Electrical Equipment Manufacturing industry in Germany include sector coupling, changer and surge arrester.

Industry Code

WZ 2008

WZ 27.90 - Other Electrical Equipment Manufacturing 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

Chinese competitors are putting the industry under increasing pressure. Around a third of imports of electrical equipment currently come from China, and the trend is rising.

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 (2015-2024) and forecast (2025-2030)
  • Employees, including historical (2015-2024) and forecast (2025-2030)
  • Businesses, including historical (2015-2024) and forecast (2025-2030)
  • Profit, including historical (2015-2025)
  • 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 planned US tariffs of 20% on other electrical equipment could place a considerable burden on German exporters. Higher costs would reduce the competitiveness of German pro...

In this chapter

  • Products & Services
  • Major Markets
  • International Trade

Key metrics

  • Largest market segment and value in 2025
  • Product innovation level
  • Total imports, level and trend
  • Total exports, level and trend
  • Trade Balance

Charts

  • Products & services segmentation in 2025
  • Major market segmentation in 2025
  • International trade, including imports by country and exports by country

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
  • Recent trends in import and export volumes, country of origin or destination, and expected future trends

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 central region is home to the largest proportion of companies in the sector. Manufacturers of electrical equipment benefit from its proximity to industry and its central ...

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 2025

Tables

  • Number and share of establishments in each region in 2025
  • Number and share of revenue each region accounts for in 2025
  • Number and share of wages each region accounts for in 2025
  • Number and share of employees in each region in 2025

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 in the other electrical equipment manufacturing industry is fierce. There are many small and medium-sized companies operating in the sector, some of which try to ...

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 2020-2025
  • 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

Siemens AG has the largest market share in the industry for the manufacture of other electrical equipment. With the Trainguard MT system, Siemens Mobility is contributing to ...

In this chapter

  • Market Share Concentration
  • Companies
  • Company Spotlights

Charts

  • Industry market share by company in 2021 through 2025
  • Major companies in the industry, including market share, revenue, profit and profit margin in 2025

Detailed analysis

    External Environment

    Understand the demographic, economic and regulatory factors that shape how businesses in an industry perform.   

    Analyst insights

    The Electrical and Electronic Equipment Act regulates the proper disposal of waste electrical and electronic equipment. The aim is to counteract the illegal export of waste e...

    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 (2015-2030) 
    • Assistance historical data and forecast (2015-2030) 

    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 industry's profit margin has recently fluctuated slightly. The level of the profit margin depends heavily on the price of raw materials, as these have a significant impac...

    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 2025
    • Average sector operating costs as a share of revenue, including purchases, wages, depreciation, utilities, rent, other costs and profit in 2025
    • Investment vs. share of economy

    Data tables

    • Cash Flow & Debt Service Ratios (2015-2030)
    • Revenue per Employee (2015-2030)
    • Revenue per Enterprise (2015-2030)
    • Employees per Establishment (2015-2030)
    • Employees per Enterprise (2015-2030)
    • Average Wage (2015-2030)
    • Wages/Revenue (2015-2030)
    • Establishments per Enterprise (2015-2030)
    • IVA/Revenue (2015-2030)
    • Imports/Demand (2015-2030)
    • Exports/Revenue (2015-2030)

    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 (2015-2030)
    • IVA (2015-2030)
    • Establishments (2015-2030)
    • Enterprises (2015-2030)
    • Employment (2015-2030)
    • Exports (2015-2030)
    • Imports (2015-2030)
    • Wages (2015-2030)

    Top Questions Answered

    Unlock comprehensive answers and precise data upon purchase. View purchase options.

    What is the market size of the Other Electrical Equipment Manufacturing industry in Germany in 2025?

    The market size of the Other Electrical Equipment Manufacturing industry in Germany is €23.7bn in 2025.

    How many businesses are there in the Other Electrical Equipment Manufacturing industry in Germany in 2025?

    There are 456 businesses in the Other Electrical Equipment Manufacturing industry in Germany, which has grown at a CAGR of 0.4 % between 2020 and 2025.

    How may import tariffs affect the Other Electrical Equipment Manufacturing industry in Germany?

    The Other Electrical Equipment Manufacturing industry in Germany is likely to be significantly impacted by import tariffs with imports accounting for a high share of industry revenue.

    How may export tariffs affect the Other Electrical Equipment Manufacturing industry in Germany?

    The Other Electrical Equipment Manufacturing industry in Germany is likely to be significantly impacted by export tariffs with exports accounting for a high share of industry revenue.

    Has the Other Electrical Equipment Manufacturing industry in Germany grown or declined over the past 5 years?

    The market size of the Other Electrical Equipment Manufacturing industry in Germany has been growing at a CAGR of 2.3 % between 2020 and 2025.

    What is the forecast growth of the Other Electrical Equipment Manufacturing industry in Germany over the next 5 years?

    Over the next five years, the Other Electrical Equipment Manufacturing industry in Germany is expected to grow.

    What does the Other Electrical Equipment Manufacturing industry in Germany include?

    Power converter and Welding and soldering equipment are part of the Other Electrical Equipment Manufacturing industry in Germany.

    How competitive is the Other Electrical Equipment Manufacturing industry in Germany?

    The level of competition is high and increasing in the Other Electrical Equipment Manufacturing industry in Germany.

    Related Industries

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    Competitors

    • There are no industries to display.

    View all industries in Germany

    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.

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