Sensor and Meaurement with a Clear Increase in Turnover
The AMA Association for Sensors and Measurement polls its 460 members every quarter on the economic development. After a successful result in the previous year with an overall growth of nine percent turnover, the sensor industry again generated a revenue plus of nine percent. Orders incoming for the first quarter were reported to amount to an increase of five percent compared to the results of the previous quarter.
Sensor, measuring, and testing technology thus reflects the development of the German economy, which is presently in a continuous and broad upswing. Full order books, work to capacity, and a record employment rate are to be found in many sectors. Sensors are the brokers between the digital and real world. The intelligent utilization of sensors enables the digitalization and automation of industry – today the most important driver for growth.
“When the industry at large is doing well, sensors and measurement boom. The German economy is growing, that is reflected in the economic development in our branch of industry, which attained an increase in turnover of nine percent in the first quarter of this year,” stated Thomas Simmons, the AMA General Manager, commenting on the Association’s current poll. “It’s only the intelligent application of sensor and measuring technology that enables technical industrial innovation. That’s why we can look forward to a further, continued growth of our sensor industry in this year.”