ZVEI: Manufacturer's Association of Germany's Most Innovative Industry
The "ZVEI - German Electrical and Electronic Manufacturers' Association" promotes the industry's joint economic, technological and environmental policy interests on a national, European and global level. The ZVEI represents more than 1,600 companies, mostly SMEs.
The sector has 849,000 employees in Germany plus almost 680,000 employees all over the world. In 2015 the turnover was Euro 178.5 billion.
The electrical and electronics industry is the most innovative industry sector in Germany. One-third of the industries sales are based on new products. Every third innovation in Germany's manufacturing sector stems from solutions of this sector. More than 20 percent of all industrial R+D spending comes from this industry.