Forum for Science, Industry and Business

Sponsored by:     3M 
Search our Site:

 

German micro- and nanotechnology industry sees economic trend reversed

20.07.2010
After the years of the economic crisis, 2008 and 2009, the microtechnology, nanotechnology and advanced materials industries in Germany are now confirming a reversal of the economic trend.

More than half of the companies say that business in the first half of 2010 fared better than expected. The companies are positive about the second half of the year and look forward to the year 2011.

More than 100 company representatives have expressed their current mood in a survey conducted by the IVAM Microtechnology Network.

Level of 2008 partly regained

After one and a half years that were flawed by lost revenue, drops in orders and production, expectations for 2010 were quite restrained at the beginning of the year. Now quite a few managers have expressed their surprise at how well business has run in the first half of 2010. Individual companies have reported that sales have risen up to 15 percent. In some micro- and nanotechnology companies, sales and incoming orders have regained or even exceed the level of the first half of 2008.

"Former customers are now returning of their own accord", a company representative comments on his experience. The demand for equipment for the semiconductor industry is particularly strong at present. Especially producers who bring new devices on the market now benefit from that demand.

According to the survey, business operations in the first half of 2010 ran better than expected for just over half of the companies (52 percent), just as expected for a third (33 percent) and worse than expected for 15 percent. When asked to review individual business areas and compare them to the first half of 2009, the respondents said that incoming orders have developed particularly well: 62.9 percent of the companies have improved in this area. Production and sales has also improved for more than half of respondents. Corporate financing is still a weak point: more than half of the companies (58.8 percent) have been able to keep the financing level stable, but the situation got even worse for 14.4 percent.

Foreign demand will continue to grow

Some companies are foreseeing “a very positive development” in the second half of 2010. For this period, 53 percent are expecting a stable business situation and 40 percent are anticipating further improvement. Specifically, the companies have reported an increase in foreign demand – particularly in Asia export opportunities are being expected to rise again.

The genuine revival is being supposed to happen in 2011: 59 percent of the respondents are anticipating an improvement of their business, only 7 percent fear that things might run worse for them than in 2010.

In spite of the general positive mood, some respondents remain reserved: some developments, they say, are hard to predict and there is still room for surprises. Risks that might delay the economic recovery include cash-outs and unsolved political issues that might lower the purchasing power and slow down the sales of products.

For the odd company the economic recovery came just too late to save it from insolvency. But for other companies the crisis has even opened new market opportunities: some technologies that help customers save costs sold particularly well during the crisis.

The IVAM survey was conducted in July 2010 and addressed to 1125 mostly small and medium-sized enterprises dealing with microtechnology, nanotechnology, or advanced materials in Germany. The answers of 115 managing directors or project managers haven been evaluated.

Figures are available for download at
http://www.ivam-research.com

Mona Okroy | idw
Further information:
http://www.ivam-research.com

More articles from Business and Finance:

nachricht Europe's microtechnology industry is attuned to growth
10.03.2017 | IVAM Fachverband für Mikrotechnik

nachricht Preferential trade agreements enhance global trade at the expense of its resilience
17.02.2017 | International Institute for Applied Systems Analysis (IIASA)

All articles from Business and Finance >>>

The most recent press releases about innovation >>>

Die letzten 5 Focus-News des innovations-reports im Überblick:

Im Focus: Giant Magnetic Fields in the Universe

Astronomers from Bonn and Tautenburg in Thuringia (Germany) used the 100-m radio telescope at Effelsberg to observe several galaxy clusters. At the edges of these large accumulations of dark matter, stellar systems (galaxies), hot gas, and charged particles, they found magnetic fields that are exceptionally ordered over distances of many million light years. This makes them the most extended magnetic fields in the universe known so far.

The results will be published on March 22 in the journal „Astronomy & Astrophysics“.

Galaxy clusters are the largest gravitationally bound structures in the universe. With a typical extent of about 10 million light years, i.e. 100 times the...

Im Focus: Tracing down linear ubiquitination

Researchers at the Goethe University Frankfurt, together with partners from the University of Tübingen in Germany and Queen Mary University as well as Francis Crick Institute from London (UK) have developed a novel technology to decipher the secret ubiquitin code.

Ubiquitin is a small protein that can be linked to other cellular proteins, thereby controlling and modulating their functions. The attachment occurs in many...

Im Focus: Perovskite edges can be tuned for optoelectronic performance

Layered 2D material improves efficiency for solar cells and LEDs

In the eternal search for next generation high-efficiency solar cells and LEDs, scientists at Los Alamos National Laboratory and their partners are creating...

Im Focus: Polymer-coated silicon nanosheets as alternative to graphene: A perfect team for nanoelectronics

Silicon nanosheets are thin, two-dimensional layers with exceptional optoelectronic properties very similar to those of graphene. Albeit, the nanosheets are less stable. Now researchers at the Technical University of Munich (TUM) have, for the first time ever, produced a composite material combining silicon nanosheets and a polymer that is both UV-resistant and easy to process. This brings the scientists a significant step closer to industrial applications like flexible displays and photosensors.

Silicon nanosheets are thin, two-dimensional layers with exceptional optoelectronic properties very similar to those of graphene. Albeit, the nanosheets are...

Im Focus: Researchers Imitate Molecular Crowding in Cells

Enzymes behave differently in a test tube compared with the molecular scrum of a living cell. Chemists from the University of Basel have now been able to simulate these confined natural conditions in artificial vesicles for the first time. As reported in the academic journal Small, the results are offering better insight into the development of nanoreactors and artificial organelles.

Enzymes behave differently in a test tube compared with the molecular scrum of a living cell. Chemists from the University of Basel have now been able to...

All Focus news of the innovation-report >>>

Anzeige

Anzeige

Event News

International Land Use Symposium ILUS 2017: Call for Abstracts and Registration open

20.03.2017 | Event News

CONNECT 2017: International congress on connective tissue

14.03.2017 | Event News

ICTM Conference: Turbine Construction between Big Data and Additive Manufacturing

07.03.2017 | Event News

 
Latest News

Argon is not the 'dope' for metallic hydrogen

24.03.2017 | Materials Sciences

Astronomers find unexpected, dust-obscured star formation in distant galaxy

24.03.2017 | Physics and Astronomy

Gravitational wave kicks monster black hole out of galactic core

24.03.2017 | Physics and Astronomy

VideoLinks
B2B-VideoLinks
More VideoLinks >>>