A record wave of global investment in new ships is translating into sustained growth for Germany's marine equipment industry, with suppliers reporting rising revenues, strong order books and growing optimism despite mounting
A record wave of global investment in new ships is translating into sustained growth for Germany's marine equipment industry, with suppliers reporting rising revenues, strong order books and growing optimism despite mounting geopolitical and competitive pressures.
According to the latest industry survey from VDMA, Germany's maritime supplier sector posted average revenue growth of 5.2% in 2025, marking its fourth consecutive year of expansion. The results underscore how a historic global shipbuilding cycle—driven by fleet renewal, decarbonization investments and naval rearmament—is benefiting companies that supply propulsion systems, machinery, automation, digital technologies and other critical shipboard equipment.
The global shipbuilding landscape has become increasingly concentrated, however. China now accounts for approximately 60% of all commercial ship construction worldwide, further strengthening its dominant position. South Korea and Japan remain the second- and third-largest shipbuilding nations, while India and several emerging Asian markets continue to expand their industrial capabilities.
For German equipment manufacturers, that reality presents both opportunity and challenge. With approximately 80% of production exported, the industry is closely tied to international shipbuilding activity regardless of where vessels are constructed. At the same time, VDMA argues that European policymakers must do more to ensure fair competition in markets where state subsidies and local-content
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