Slight Drop in Revenue, Orders Incoming Stable
After a slight drop in revenue of one percent in the second quarter, the AMA members showed a further slight drop of one percent compared to the previous quarter. Compared to the results of the third quarter of 2014, the AMA members realized a gain in turnover of three percent. At the same time, the sensor industry shows stable orders incoming with a rise of one percent.
Thus, the expectations of the AMA members were not met. They reckoned with an increase in turnover of four percent for the third quarter. However, the sensor and measurement industry proves to be robust, according to Thomas Simmons, the AMA Association’s general manager. “We’re seeing a consistently stable lateral movement at a high level for the sensor and measuring industry, particularly in view of the crisis in 2009,” he says.
„At present, some of the markets are shifting, especially those in Eastern Europe and China, which are currently in a transformation process. Based on their own accounts, 22 percent of our members mainly supply the construction and engineering industries and 19 percent supply the automotive industry. Both of these branches of industry are currently subject to turbulences, impacting our markets. Nevertheless, we’re confident and expect growth for next year, which however may be slighter than that of the very successful previous years.”
Sensors and Measurement: Slight Revenue Drop in 2nd Quarter
Sensor, measuring, and testing industry showed a slight slump of one percent in turnover for the second quarter of this year, while orders incoming increased moderately by one percent in the same period.
Berlin, September 2015— After a considerable increase in revenue of six percent in the first quarter of this year, the AMA members registered a decrease of one percent for the second quarter compared to the previous one. A comparison of the 2nd quarter of 2015 to that of the year before, however, shows a rise in revenue of four percent.
Thus overall, the sensor and measurement industry’s outlook is confident as supported by the rise in orders incoming for the 2nd quarter of one percent compared to the results of the previous quarter. In fact, AMA members expect a boost of four percent in revenue in this, the 3rd quarter. That is reflected by the personnel planning in the sensor industry. The mainly small and medium-sized enterprises in this branch of industry intend to hire twelve new engineers for every 1,000 employees on the payroll.
“The results of the poll for the second quarter of this year showed a minor setback in revenue development,” said AMA general manager Thomas Simmons. “Though it seems that this slight drop in turnover in the second quarter is due to a slump in mechanical engineering and machine construction abroad. We are confident that the overall turnover in the sensor and measuring industry will pick up again, as the AMA member enterprises supply all branches of the entire industry. So we conclude that this minor setback in revenue from one sector can be compensated by the other sectors.”
Sensors and Measurement with Six Percent Growth in Turnover
The AMA Association for Sensors and Measurement polls its 480 members on the economic development every quarter. After a solid result of eight percent for last year, the sensor industry continued its rise in turnover with six percent in the first quarter of 2015. Thus, the sensor, measuring, and testing industry is staying on its course of stable growth.
Orders incoming went up by four percent in the first quarter of this year compared to the previous quarter. Suppliers and distributors have plans to augment their personnel. According to the polls, the generally small and medium sized enterprises in the sensor and measurement industry are planning to hire thirteen new engineers per every 1,000 employees.
“With a respectable rise in revenue of six percent, our branch of industry can present a solid growth curve for the first quarter,” concludes Thomas Simmons, AMA general manager. “Comparing our results with those of the goods producing industry with barely a one-percent increase in the first quarter, our sensors and measurement sector demonstrates sustained growth stability.” Simmons further states that the broad range of industries supplied by the AMA member enterprises is a significant advantage. “Engineering, electronics, medical technology, they’re all making their products smarter. And to do so, they need more and more sensing and measuring technology. The sensor technology for chemical and photonic parameters, for instance, is currently in an exciting phase of development. Upon technological maturity, accelerated advances quickly lead to increased areas of application and thus greater demand. This in turn stimulates further technical development. The greater spectrum of application stimulates demand. This results in increased market dynamics, such as those we’re seeing in optical and chemical sensors,” says Simmons about the current trends in the sensor industry.