Industry Stable and Optimistic

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Sensor and Measuring Technology

Industry Stable and Optimistic
Industry Stable and Optimistic

The AMA Association for Sensor and Measuring Technology (AMA) polled its members on the economic development in 2012. The German sensor and measuring industry can look back to an overall stable year compared to the previous years of economic turbulence. The annual revenues show a slight increase in turnover of one percent compared to the results of the year before. The overall outlook for the sensor and measuring industry seems to further brighten. Asked about expectations for the year 2013, the AMA members anticipate a growth in revenue of four percent plus. This confidence is reflected by the industry's job market. In 2012 the member enterprises employed almost three percent more personnel and for the current year a further demand is expected. Short-time work in the sensor and measuring industry was not called for last year.

The industry is showing a propensity to invest. The AMA members made well over nine percent more investments in fiscal 2012 than in the previous year with its considerable investments closing with an increase of 16 percent. The sensor and measuring industry is expected to have a further increase in investments of well over two percent. "The sensor and measuring industry is and will continue to be a stable branch even during the economic ups and downs of the markets," stated Thomas Simmons, Executive Manager of the AMA Association for Sensor Technology, commenting on the latest poll results.

Posted on March 14, 2013 - (624 views)
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