The US is the leading destination market for greenfield engines and turbines FDI, while Germany is the top source market. GlobalData’s engines and turbines foreign direct investment (FDI) report highlights the current trends in engines and turbines foreign investments. Buy the report here.

Between 2019 and 2023, the engines and turbines sector was the thirtieth largest FDI sector in terms of the number of greenfield investments. The engines and turbines sector accounts for 0.2% of global greenfield FDI projects.

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Greenfield foreign direct investment is when a company invests abroad to establish a new physical presence or expand an existing operation. Greenfield investments create jobs and/or involve a capital investment into the foreign location. Other forms of FDI, such as mergers and acquisitions, are not included as part of this definition.

Combined, the top ten destination countries account for 62.7% of total engines and turbines FDI projects.

The leading destination country for engines and turbines FDI is the US. Turkiye, Germany and the UK are also popular engines and turbines investment hubs.

According to GlobalData’s FDI Projects database, Germany-based companies were the leading source of greenfield engines and turbines investments into the US.

With respect to outbound FDI, Germany was the leading engines and turbines source market. Germany-based companies held a 19.3% share of total outbound engines and turbines FDI projects. The US, Denmark, Japan and China are also top source markets for engines and turbines FDI.

To further understand global engines and turbines foreign direct investment trends, buy the report here.

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GlobalData, the leading provider of industry intelligence, provided the underlying data, research, and analysis used to produce this article.

GlobalData’s FDI Projects Database records greenfield FDI throughout the world in real-time. The data can be used to analyse company cross-border expansion activities as well as identify industry, thematic and geographic trends.