Manufacturing Tech Orders Surge 50% in H1 2025, Led by Key Sectors
Primary metal manufacturers have boosted orders for manufacturing technology by nearly 50% in the first half of 2025, reaching the highest level since late 2022. This surge in orders, totalling $2.52 billion, signals a significant upswing in the sector.
The largest customers for these technologies in the first half of 2025 showed a 12% increase compared to the same period last year. While the specific customers remain unnamed, notable growth was seen in metal product manufacturing (+15.4%), other vehicle construction (+17.1%), and electrical equipment manufacturing (+7.2%). These sectors stand out amidst general declines, suggesting they could be driving the overall increase.
Oxford Economics predicts modest single-digit growth in machinery orders for the full year 2025, hinting at a potential slowdown in the second half. However, ITR Economics forecasts a strong second half for cutting tool consumption, which could lift orders for the year. In June 2025 alone, new orders of metalworking machinery rose by 9.1% from May and 7.7% from June 2024, totalling $429.2 million.
Contract machine shops also increased new orders by 12% in the first half of 2025. However, many shops are hesitant to invest in additional machinery in the next 12 months. The aerospace sector, on the other hand, increased the value of orders by 6% in the first half of 2025 to its highest recorded level.
The first half of 2025 has seen a significant increase in orders for manufacturing technology, with key sectors driving this growth. Despite forecasts of modest growth for the full year, the strong performance in cutting tool consumption and the aerospace sector suggests a resilient manufacturing sector. However, the unwillingness of some contract machine shops to invest in additional machinery may indicate caution amidst this growth.
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