In an evolving context, where product technologies increasingly tend to converge, FEDERTEC, the Association representing the Italian Industry of Mechatronic Technologies and Components for Fluid Power, Power Transmission, Smart Automation and Control of Industrial Products and Processes, reaffirms itself as the point of reference for the sector of industrial automation, focused on the integration of the different technologies in use and aimed at representing the entire production chain.
After the establishment of FEDERTEC in 2019, thanks to the merger of ASSIOT, Italian Association of Gears and Transmission Elements Manufacturers, and ASSOFLUID, Italian Association of Manufacturing and Trading Companies in Fluid Power Equipment and Components, from April 2022, FNDI, Italian Federation of Industrial Distribution, was also incorporated into FEDERTEC, thus adding a new player to the chain of mechatronic technologies.
The member companies of FEDERTEC represent a leading part of the Italian economy and together, they show very remarkable values, with a global sector turnover exceeding 14 billion euro and a national market value of 10 billion euro at the end of 2022.
Over 60% of Italian production is exported, corresponding to an amount of 8.7 billion euro, with a significant contribution to the trade balance of the sector, registering a positive value of 3.8 billion euro.
To have a more accurate view of FEDERTEC figures, these performances that are already outstanding should be added to those of the entire production chain using technologies other than mechanical and fluid-power ones, among which, first of all, electronic and IT technologies for the Automation of Industrial Products and Processes. The estimated value of the turnover recorded by the Italian industry of this macro-sector is over 50 billion euro.