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Allensbach Study: Mechanical engineering companies anticipate loss of technological leadership / China offensive and migration of services continue to put pressure on business models

53 per cent of German machine and plant manufacturers assume that technological leadership will be taken over by foreign countries in the future or has already been taken over – primarily by competitors from China and the USA. Seven out of ten companies believe that they would be severely or very severely affected by this (70 per cent). Almost all mechanical engineering companies consider it likely that Chinese manufacturers will enter the European market (93 per cent). At the same time, almost one in three companies report financial disadvantages because maintenance and service are increasingly being taken over by third-party providers (29 per cent). These are the findings of a recent survey of board members and managing directors of German industrial companies conducted by the Allensbach Institute for Public Opinion Research on behalf of the management consultancy FTI-Andersch.


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Lynn Lackmann

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