Sensors and measurement technology
On course for further growth
In 2016, the sensor and measurement technology sector generated a 4% increase in turnover, invested more and also increased its export ratio. The AMA Association for Sensors and Measurement has announced the latest industry figures.
Sales growth in the sensor and measurement technology sector has continued unabated since 2009.
© AMA Association for Sensors and Measurement"Sensors and measurement technology are in the fast lane compared to German industry as a whole," says Thomas Simmons, Managing Director of the AMA Association for Sensors and Measurement, summarizing the results of the annual member survey. The association perceives its members as being keen to invest: last year, they invested 2% more than in the previous year. Industry representatives are planning a further 5% increase in investment for the 2017 financial year. At the same time, the industry is expecting a further 3% increase in personnel. The association also attributes the success of the sensor and measurement technology sector to a significant increase in the export ratio of seven percentage points to 58%. It is striking that the export ratio to non-European countries remained almost unchanged, while exports to other European countries increased by seven percentage points to 36%.
The majority of AMA members see the advancing digitalization and networking of industrial production as an opportunity.
© AMA Association for Sensors and MeasurementThis year, the AMA Association surveyed its members on the opportunities and risks of digitalization and the networking of industrial production. 88% of AMA members rated the development towards Industry 4.0 and the Internet of Things as a very good opportunity for more growth in sensor and measurement technology, while only 10% of AMA members were undecided. "If we look at the social projects of the future, we find topics such as CO2-neutral, energy-efficient and climate-adapted cities, the intelligent restructuring of the energy supply, sustainable mobility, internet-based services for the economy, Industry 4.0 and secure identity," says Simmens. "These projects are already showing us the challenges of tomorrow. The good news for our industry is that the solutions are based on the data supplied by sensors and evaluated by measurement technology. The future therefore offers our members a multitude of new opportunities to positively shape the upcoming changes."
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