VDMA Study Product Piracy 2016
Every two years, the VDMA invites its members to take part in a study on product and brand piracy. The regular studies published since 2003 have thus become an invaluable source of information and reliable data and have cast a spotlight on the threat of counterfeit, faked, and otherwise illicitly copied products in our industry. The relevance of and need for this study is evident when one considers the great number of VDMA member companies that have become victims of piracy. The damage to mechanical engineering in Germany alone is estimated to reach billions of Euros year over year.
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