Sensors industry optimistic following 4% growth in 2013

In the most recent economic poll of its 480 members, the AMA Association for Sensors and Measurement found that the enterprises – mostly SMEs – had a good run in the first two quarters and were able to maintain a turnover of 1% in the third quarter (compared to the previous quarter).

A good indicator for the positive mood in the sensor industry is the growth in orders incoming of approximately 2.8% compared to the previous quarter.

“With such a quarterly result and an outlook for an annual total growth of 4%, we can consider this year’s end result as ‘good’,” says Thomas Simmons, AMA’s executive director.

If we compare the increase in orders incoming for sensors and measurement with the current statistics of the Federal Ministry of Economics and Technology for the German industry of 1.6% in the third quarter, we can ascertain that the sensor and measuring industry, as the key branch for technical advance, is clearly ahead.

“The positive development in orders incoming and the cumulative turnover of plus 4% for 2013, allow our member enterprises to start the new business year with optimism,” says Simmons, commenting on the sensor industry’s outlook for the year 2014.