Industry Statistics and Trends
Market size and recent performance (2014-2029)
Industry revenue has grown at a CAGR of 0.7 % over the past five years, to reach an estimated €13.0bn in 2024.
Trends and Insights
Industrial and building fittings are the sector's main products
- Industrial fittings are fittings for use in industrial production, building fittings are fittings for use in residential and commercial buildings.
- Additional trends and insights available with purchase
Source: IBISWorld
Industry outlook (2024-2029)
Market size is projected to grow over the next five years.
Trends and Insights
The valve manufacturing industry expects stable economic development
- While the sector's turnover is expected to grow solidly, the number of companies and market concentration are expected to increase slightly by 2029. However, the number of employees is likely to increase more strongly over the same period. This indicates an expansion of production at existing companies.
Biggest companies in the Tap & Valve Manufacturing in Germany
| Company | Market Share (%)
2024 | Revenue (€m)
2024 |
|---|---|---|
Uhde High Pressure Technologies GmbH | 342.4 | |
KSB SE & Co. KGaA | 318.9 | |
Siemens AG | 311.3 |
To view the market share and analysis for all 5 top companies in this industry, view purchase options.
Products & Services Segmentation
Source: IBISWorld
Industry revenue is measured across several distinct product and services lines, including Sanitary and heating fittings, Control valves, gate valves and butterfly valves and Parts for fittings. Sanitary and heating fittings is the largest segment of the Tap & Valve Manufacturing in Germany.
Trends and Insights
The sanitary and heating fittings product segment has gained in importance due to the brisk construction activity
- Sanitary and heating fittings are components or devices that are used in sanitary and heating systems. They are used to regulate the flow and temperature of water and other media within these systems.
- More insights available in the full report
Table of Contents
About this industry
Industry definition
This sector deals with the production of industrial and building fittings made of metal. The manufacture of rubber, glass or ceramic fittings, inlet and outlet valves for internal combustion engines as well as hydraulic and pneumatic valves and air treatment devices for pneumatic systems are not part of the industry's activities.
What's included in this industry?
Sanitary and heating fittingsControl valves, gate valves and butterfly valvesParts for fittingsPressure relief, pressure reducing and safety valvesBall, cone and cylinder valvesCompanies
Uhde High Pressure Technologies GmbHKSB SE & Co. KGaASiemens AGPurchase this report to view all 5 major companies in this industry.
Related Terms
INDUSTRIAL FITTINGSSANITARY FITTINGSBUILDING FITTINGSCNC MACHINEINTERNET OF THINGS (IOT)Industry Code
WZ 28.14 - Tap & Valve 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
Faucet manufacturing has become increasingly automated in recent years. CNC machines have established themselves, as they can now also take over complex work processes thanks...
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 (2014-2023) and forecast (2024-2029)
- Employees, including historical (2014-2023) and forecast (2024-2029)
- Businesses, including historical (2014-2023) and forecast (2024-2029)
- Profit, including historical (2014-2024)
- 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 importance of sanitary fittings for industry sales has increased significantly in the last five years. The brisk construction activity in Germany and in the relevant expo...
In this chapter
- Products & Services
- Major Markets
- International Trade
Key metrics
- Largest market segment and value in 2024
- Product innovation level
- Total imports, level and trend
- Total exports, level and trend
- Trade Balance
Charts
- Products & services segmentation in 2024
- Major market segmentation in 2024
- 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 centre region is of great importance for the manufacture of fittings, with the largest proportion of all companies located there. This is due in particular to its industr...
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 2024
Tables
- Number and share of establishments in each region in 2024
- Number and share of revenue each region accounts for in 2024
- Number and share of wages each region accounts for in 2024
- Number and share of employees in each region in 2024
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
Faucet manufacturers are not usually in direct competition with each other, as many companies have specialised in a certain type of product. This allows them to attract diffe...
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 2019-2024
- 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
The market concentration in the industry is low. There is no company with a market share of more than 5% of industry sales.
In this chapter
- Market Share Concentration
- Companies
- Company Spotlights
Charts
- Industry market share by company in 2020 through 2024
- Major companies in the industry, including market share, revenue, profit and profit margin in 2024
- Overview of Uhde High Pressure Technologies GmbH's performance by revenue, market share and profit margin from 2018 through 2024
- Overview of KSB SE & Co. KGaA's performance by revenue, market share and profit margin from 2018 through 2024
- Overview of Siemens AG's performance by revenue, market share and profit margin from 2018 through 2024
- Overview of revenue, market share and profit margin trend for 2 additional companies
Detailed analysis
- Description and key data for Uhde High Pressure Technologies GmbH, and factors influencing its performance in the industry
- Description and key data for KSB SE & Co. KGaA, and factors influencing its performance in the industry
- Description and key data for Siemens AG, and factors influencing its performance in the industry
- Description, key data and performance trends for 2 additional companies
External Environment
Understand the demographic, economic and regulatory factors that shape how businesses in an industry perform.
Analyst insights
The Product Safety Act contains general regulations on the safety of products on the German market. It sets out the requirements for placing products on the market and thus s...
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 (2014-2029)
- Assistance historical data and forecast (2014-2029)
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
Profit margins have fallen slightly in the last five years. German manufacturers are increasingly being forced to lower their prices due to cheaper foreign products.
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 2024
- Average sector operating costs as a share of revenue, including purchases, wages, depreciation, utilities, rent, other costs and profit in 2024
- Investment vs. share of economy
Data tables
- Cash Flow & Debt Service Ratios (2014-2029)
- Revenue per Employee (2014-2029)
- Revenue per Enterprise (2014-2029)
- Employees per Establishment (2014-2029)
- Employees per Enterprise (2014-2029)
- Average Wage (2014-2029)
- Wages/Revenue (2014-2029)
- Establishments per Enterprise (2014-2029)
- IVA/Revenue (2014-2029)
- Imports/Demand (2014-2029)
- Exports/Revenue (2014-2029)
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 (2014-2029)
- IVA (2014-2029)
- Establishments (2014-2029)
- Enterprises (2014-2029)
- Employment (2014-2029)
- Exports (2014-2029)
- Imports (2014-2029)
- Wages (2014-2029)
Top Questions Answered
Unlock comprehensive answers and precise data upon purchase. View purchase options.
What is the market size of the Tap & Valve Manufacturing industry in Germany in 2024?
The market size of the Tap & Valve Manufacturing industry in Germany is €13.0bn in 2024.
How many businesses are there in the Tap & Valve Manufacturing in Germany industry in 2024?
There are 252 businesses in the Tap & Valve Manufacturing industry in Germany, which has grown at a CAGR of 1.5 % between 2019 and 2024.
Has the Tap & Valve Manufacturing industry in Germany grown or declined over the past 5 years?
The market size of the Tap & Valve Manufacturing industry in Germany has been growing at a CAGR of 0.7 % between 2019 and 2024.
What is the forecast growth of the Tap & Valve Manufacturing industry in Germany over the next 5 years?
Over the next five years, the Tap & Valve Manufacturing industry in Germany is expected to grow.
What are the biggest companies in the Tap & Valve Manufacturing market in Germany?
The biggest companies operating in the Tap & Valve Manufacturing market in Germany are Uhde High Pressure Technologies GmbH, KSB SE & Co. KGaA and Siemens AG
What does the Tap & Valve Manufacturing in Germany include?
Sanitary and heating fittings and Control valves, gate valves and butterfly valves are part of the Tap & Valve Manufacturing industry.
Which companies have the highest market share in the Tap & Valve Manufacturing in Germany?
The company holding the most market share in Germany is Uhde High Pressure Technologies GmbH.
How competitive is the Tap & Valve Manufacturing industry in Germany?
The level of competition is moderate and steady in the Tap & Valve Manufacturing industry in Germany.
Related Industries
Widen your competitive advantage with related industries
Competitors
- Fluid Power Equipment Manufacturing in Germany
Complementors
- Ceramic Sanitary Fixtures Manufacturing in Germany
- Measuring, Testing & Navigational Equipment Manufacturing in Germany
- Pump & Compressor Manufacturing in Germany
International industries
- Valve Manufacturing in the US
- Valve Manufacturing in Canada
- Tap & Valve Manufacturing in the UK
- Other Fabricated Metal Product Manufacturing in Mexico
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.
Learn more about our methodology and data sourcing on the Help Center.
