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Economy of Germany


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ppelin, Otto Lilienthal, Gottlieb Daimler, Rudolf Diesel, Hugo Junkers and Karl Benz helped shape modern automotive and air transportation technology. Aerospace engineer Wernher von Braun developed the first space rocket and later on was a prominent member of NASA and developed the Saturn V Moon rocket, which paved the way for the success of the US Apollo program. Heinrich Rudolf Hertz's work in the domain of electromagnetic radiation was pivotal to the development of modern telecommunication.

Germany is also one of the leading countries in developing and using green technologies. Companies specializing in green technology have an estimated turnover of 200€ billion. Especially the expertise in engineering, science and research of Germany is eminently respectable. The lead markets of Germany's green technology industry are power generation, sustainable mobility, material efficiency, energy efficiency, waste management and recycling, sustainable water management
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