Growing industry Billion dollar business with environmental protection

Status: 23.06.2021 10:45 a.m.

Environmental protection is increasingly becoming an economic factor, especially in manufacturing. According to the Federal Statistical Office, sales are increasing and hundreds of thousands of jobs have been created in Germany. Environmental and climate protection are increasingly proving to be a lucrative business for industry and service providers. As the Federal Statistical Office announced, the industry achieved sales of 73.6 billion euros in 2019, 3.1 percent more than in the previous year.

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Three quarters of this was achieved in the manufacturing sector, first and foremost in mechanical engineering (22.1 billion euros), followed by electrical equipment (6.5 billion euros) and the manufacture of cars, trucks and buses – and parts for them (5.8 billion euros) Euro).

The construction and maintenance of apparatus for air pollution control has grown particularly strongly. Here sales climbed by more than a third to 10.5 billion euros. These were mainly products for exhaust gas and exhaust air treatment, such as catalytic converters. In the area of ​​electromobility (limited to cars, trucks and buses), sales of 2.5 billion euros were reported in 2019, 24 percent more than a year earlier.

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Over 300,000 employees

Energy-saving drive and control technology, the construction of onshore wind turbines, the thermal insulation of buildings, and the renovation and construction of sewer systems also ensured business worth billions.

The growing importance of environmental protection for the German economy is also leading to the creation of new jobs, so-called “green jobs”. The number of employees who contributed goods or services to the industry was 305,000 in 2019. Compared to the previous year, the number rose by almost 16,000. More than two thirds of the employees in the sector were employed in manufacturing companies