In 2021, China was the leading machine tool producer worldwide, with an unprecedented manufacturing record of 21.8 billion euros. In the same year, the production volume of Germany amounted to just below nine billion euros, making the country the second largest manufacturer worldwide. However, the country was in a close race with Japan, and there were differences in production, which amounted to 89 million machines. In fourth place, the U.S. lagged far behind its top-three competitors with its 6.35 billion euros worth of production.
Leading countries in the production of machine tools in 2021, based on production value
(in million euros)
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VDW. (June 8, 2022). Leading countries in the production of machine tools in 2021, based on production value (in million euros) [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/268021/production-of-machine-tools-worldwide/
VDW. "Leading countries in the production of machine tools in 2021, based on production value (in million euros)." Chart. June 8, 2022. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/268021/production-of-machine-tools-worldwide/
VDW. (2022). Leading countries in the production of machine tools in 2021, based on production value (in million euros). Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/268021/production-of-machine-tools-worldwide/
VDW. "Leading Countries in The Production of Machine Tools in 2021, Based on Production Value (in Million Euros)." Statista, Statista Inc., 8 Jun 2022, https://www.statista.com/statistics/268021/production-of-machine-tools-worldwide/
VDW, Leading countries in the production of machine tools in 2021, based on production value (in million euros) Statista, https://www.statista.com/statistics/268021/production-of-machine-tools-worldwide/ (last visited November 21, 2024)
Leading countries in the production of machine tools in 2021, based on production value (in million euros) [Graph], VDW, June 8, 2022. [Online]. Available: https://www.statista.com/statistics/268021/production-of-machine-tools-worldwide/
