Is Germany going to lose its industry?

Germany today has a much larger industry than the other OECD countries. But could Germany lose its industry and end up with a small industry like its OECD peers ? The threats are obvious: Global demand for industrial products is low, which increases competition between countries to retain a sizeable industry and therefore favours countries with low labour costs. This is obviously not the case of Germany; Germany is specialised in “bygone industries”: cars, chemicals, industrial capital goods; The return from global to regional value chains is going to prevent Germany from growing its industry by exporting to regions with higher growth than Europe.