German Textile Machinery And Other Industries Suffered Heavy Losses From Piracy Crisis.

The most common counterfeiting behavior in the field of mechanical equipment is 92% of wood processing equipment, followed by 86% of textile machinery. It is estimated that only Germany's machinery and engineering industry loses 7 billion 900 million euros annually, which is equivalent to 38000 jobs.
German machinery industry
Faced with severe parts and accessories, even the whole machine was counterfeited.
Bruno Lindl, a professional manager of the German machinery association, said that the prevalence of counterfeit products had resulted in a loss of 5% to 10% HP in German machinery related industries, which amounted to 1 to 150 million euros a year.
Counterfeit products severely damaged German merchandise trade.
Mulfinger, the manufacturer of electric motors and fans, was also hit by counterfeit products and pointed out that up to 71% of the products and brands of the company were victimized with pirated and counterfeit goods.
It is estimated that only Germany's machinery and engineering industry loses 7 billion 900 million euros a year, which is equivalent to 38000 jobs.
Once copied, the counterfeit products will be sold by another brand, which will confuse the market.
The trend of counterfeiting is coming to a new high. The German mechanical association product and technology protection expert Steffen Zimmermann cautioned that the trend will not end. Digitalization will exacerbate the problem and make it easier to lose information and technology.
However, the purchase
Counterfeit goods
The risk is that there will be any danger of deterioration at any time due to poor quality.
Buyers can understand that long-term purchase of counterfeit products will lead to a decline in production efficiency, a large number of maintenance and long-term production instability, and can not achieve real cost savings, can effectively stop counterfeiting business opportunities.
Although China is still an undisputed champion of world counterfeiting, China often counterfeits low quality and low function products.
The most common counterfeiting behavior in the field of mechanical equipment manufacturing involves 92% of wood processing equipment, followed by
textile machinery
Accounted for 86%, agricultural equipment accounted for 86%, pump products and packaging machine.
In terms of imitation piracy, 71% of respondents believe that competitors are the most common counterfeiters, followed by underground factories (27% of respondents think so), 23% of customers and 18% of suppliers are involved in piracy piracy, and this trend is intensifying.
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