Future looks bright for German sensor industry
According to the Berlin-based Association for Sensors and Measurements (AMA), a positive overall industry outlook awaits the sensor and measuring industry. Across the industry, both R&D investment and headcount is forecast to grow further, the firm indicated.
A survey among the 480 AMA member companies reveals an average sales growth of three per cent. For the year ahead, they expect an even better result of seven per cent on average. Investment into research and development averaged at 10 per cent. Overall investments are expected to increase by eight per cent. Manpower demand rose by two per cent in 2013 and is expected to further continue by an unspecified amount.
The export quota of the member companies, predominantly small and medium-sized enterprises, stabilised at 40 per cent of the total sales, the same level as in 2012. Exports within the EU member states however increased by 3-25 per cent. This was outbalanced by a decline of exports into non-European countries that declined by two per cent points to 17 per cent.
Main growth driver for sensors is the Internet of Things (IoT) and its specific manifestation in the German manufacturing industry, dubbed 'Industrie 4.0.' "Without sensors and measuring technology, Industrie 4.0 won't be feasible," said AMA general manager Thomas Simmons. "For this reason we look forward to the business year ahead with great confidence."
- Christoph Hammerschmidt
EE Times Europe