GER - VDMA: Decline in sales in air handling technology kept within limits
Flash survey: sales decline of 7 percent expected for 2020 Forecast: slight growth of 2 percent in the coming year
According to the current autumn survey of member companies, the VDMA Air Handling Technology Association expects a 7 percent drop in sales for the industry for the whole of 2020. For the machinery and plant engineering sector, the VDMA anticipates a 14 percent drop in production in 2020.
According to the Federal Statistical Office of Germany, production in the air handling technology sector fell by 4 percent in the first quarter of the year and by 14 percent in the second quarter (nominal, excluding air and gas liquefaction). This represents an overall decline of 9 percent in the first half of 2020.
GER - VDMA: Decline in sales in air handling technology kept within limits
Flash survey: sales decline of 7 percent expected for 2020 Forecast: slight growth of 2 percent in the coming year
According to the current autumn survey of member companies, the VDMA Air Handling Technology Association expects a 7 percent drop in sales for the industry for the whole of 2020. For the machinery and plant engineering sector, the VDMA anticipates a 14 percent drop in production in 2020.
According to the Federal Statistical Office of Germany, production in the air handling technology sector fell by 4 percent in the first quarter of the year and by 14 percent in the second quarter (nominal, excluding air and gas liquefaction). This represents an overall decline of 9 percent in the first half of 2020.
GER - VDMA: Decline in sales in air handling technology kept within limits
Flash survey: sales decline of 7 percent expected for 2020 Forecast: slight growth of 2 percent in the coming year
According to the current autumn survey of member companies, the VDMA Air Handling Technology Association expects a 7 percent drop in sales for the industry for the whole of 2020. For the machinery and plant engineering sector, the VDMA anticipates a 14 percent drop in production in 2020.
According to the Federal Statistical Office of Germany, production in the air handling technology sector fell by 4 percent in the first quarter of the year and by 14 percent in the second quarter (nominal, excluding air and gas liquefaction). This represents an overall decline of 9 percent in the first half of 2020.