GTM is experiencing dynamic growth in 2024
Successful major orders, new distributors and efficient processes ensure GTM's success in a challenging market environment
2024 was a dynamic year for GTM, with significant growth in new orders and business successes. Strategic decisions proved to be correct and led to good results. Despite the tense economic situation in Germany and internationally, GTM was able to achieve double-digit growth in new orders. Particularly noteworthy are two major orders worth 5.3 million euros and 2.8 million euros. GTM also won new distributors in Turkey and India.
By switching to lean production and new internal processes, supported by the Center for Industrial Productivity at the Technical University of Darmstadt, GTM increased efficiency and productivity. A modern CRM system from Salesforce will soon be introduced. The reorganization of the product architecture is bearing fruit, as confirmed by winning the ZwickRoell Operational Excellence Award 2024.
GTM successfully presented its products at trade fairs such as SENSOR+TEST and IMEKO. A new photovoltaic system supplied over 66,000 kWh of renewable energy for its own needs. In 2025, GTM plans to invest in infrastructure, including new storage space and microscopes. Despite global economic challenges, GTM is looking positively to the future.
most read
Qioptiq Photonics becomes Excelitas Germany
The renaming is part of the global consolidation of the Excelitas Group.
B&R products now available in Europe through RS
B&R has entered into a strategic partnership with RS to distribute B&R products through RS's online and offline channels.
Worldwide doubling of factory robots in ten years
In 2024, 542,000 new robots were installed, with Asia accounting for the largest share at 74%.
United Robotics Group restructures
The company focuses on the healthcare industry and innovation.
Machine vision subsidiary Realsense splits from Intel
Realsense, a company specializing in AI-based machine vision, is being spun off from Intel Corporation. At the same time, it has completed another round of financing.