Forum for Science, Industry and Business

Sponsored by:     3M 
Search our Site:

 

Microtechnology industry is hiring – positive developments of past years continue

09.04.2018

Positive developments in the European microtechnology industry that have become apparent in previous years continue this year, in some cases intensified. This has been confirmed by this year's economic data survey by the IVAM Microtechnology Network. These developments include a continued upswing in staff numbers and turnover and very good forecasts in both areas for the next three years.

 

Staff numbers und turnover are constantly rising in the microtechnology industry


Development of staff numbers in the European microtechnology industry

IVAM


Development of turnover in the European microtechnology industry

IVAM

Despite the acknowledged shortage of skilled workers in the STEM fields (science, technology, engineering, and mathematics), the number of employees in the microtechnology industry is steadily rising.

In 2017, more than sixty percent of the companies in Europe involved with microtechnology have increased their workforce. In last year’s survey, the companies identified finding enough qualified staff as a major challenge. Expectations for personnel development in the near future are also very positive: more than three quarters of companies intend to hire additional staff within the next three years.

A continuously growing proportion of the European microtechnology companies has been able to increase turnover over the past four years as well. Medium-term expectations are also very positive: nearly eighty percent of companies expect their turnover to increase over the next three years.

Export increases – China to become most important overseas export market

Export of the European microtechnology companies, which has increased modestly in recent years, is gaining more momentum. The EU and EFTA region will continue to be the most important export region. In the overseas export business, the US is the leading market today, but will lose ground while China becomes a more important foreign market. This trend was already evident before the presidency of Donald Trump and the import restrictions for goods from the EU to the USA which he recently announced.

Healthcare remains most important market

Medical technology and the healthcare industry will continue to be the most important target markets for the microtechnology industry for the foreseeable future. The combination of miniaturization and digitalization is currently creating many new applications, e.g. active implants and wearables.

However, the new Medical Device Regulation of the European Union with its increased demands on the supplying industry might put a damper on innovation in the field of medical technology. It places high demands on certification and documentation on suppliers, which previously concerned device manufacturers only. The increased administrative burden is difficult to manage for many small and medium-sized companies. There is a risk that some suppliers will withdraw from the medical technology market.

About the IVAM Survey:

Once a year, the IVAM Microtechnology Network collects economic data among companies and research organizations that are active in the fields of microtechnology, MEMS, nanotechnology, advanced materials, and optical technologies. In February 2018, 3,800 companies and research institutes in Europe have been asked about their economic situation and expectations, their international activities and their experience with EU regulations. The participants are mostly located in Central, Western and Northern Europe, 73% of participants come from Germany. A large proportion of the participants are representatives of small enterprises: 56% are SMEs, 6% are start-ups, 6% are major enterprises, 32% university or research institutes.

More information:
https://www.ivam.de/research/economic_data

Mona Okroy-Hellweg | idw - Informationsdienst Wissenschaft

More articles from Business and Finance:

nachricht RWI/ISL-Container Throughput Index with minor decline on a high overall level
20.03.2018 | RWI – Leibniz-Institut für Wirtschaftsforschung

nachricht The RWI/ISL-Container Throughput Index started off well in 2018
22.02.2018 | RWI – Leibniz-Institut für Wirtschaftsforschung

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: Researchers develop method to transfer entire 2D circuits to any smooth surface

What if a sensor sensing a thing could be part of the thing itself? Rice University engineers believe they have a two-dimensional solution to do just that.

Rice engineers led by materials scientists Pulickel Ajayan and Jun Lou have developed a method to make atom-flat sensors that seamlessly integrate with devices...

Im Focus: Three components on one chip

Scientists at the University of Stuttgart and the Karlsruhe Institute of Technology (KIT) succeed in important further development on the way to quantum Computers.

Quantum computers one day should be able to solve certain computing problems much faster than a classical computer. One of the most promising approaches is...

Im Focus: Substitute for rare earth metal oxides

New Project SNAPSTER: Novel luminescent materials by encapsulating phosphorescent metal clusters with organic liquid crystals

Nowadays energy conversion in lighting and optoelectronic devices requires the use of rare earth oxides.

Im Focus: A bit of a stretch... material that thickens as it's pulled

Scientists have discovered the first synthetic material that becomes thicker - at the molecular level - as it is stretched.

Researchers led by Dr Devesh Mistry from the University of Leeds discovered a new non-porous material that has unique and inherent "auxetic" stretching...

Im Focus: The force of the vacuum

Scientists from the Theory Department of the Max Planck Institute for the Structure and Dynamics of Matter (MPSD) at the Center for Free-Electron Laser Science (CFEL) in Hamburg have shown through theoretical calculations and computer simulations that the force between electrons and lattice distortions in an atomically thin two-dimensional superconductor can be controlled with virtual photons. This could aid the development of new superconductors for energy-saving devices and many other technical applications.

The vacuum is not empty. It may sound like magic to laypeople but it has occupied physicists since the birth of quantum mechanics.

All Focus news of the innovation-report >>>

Anzeige

Anzeige

VideoLinks
Industry & Economy
Event News

New Plastics Economy Investor Forum - Meeting Point for Innovations

10.12.2018 | Event News

EGU 2019 meeting: Media registration now open

06.12.2018 | Event News

Expert Panel on the Future of HPC in Engineering

03.12.2018 | Event News

 
Latest News

Small but ver­sat­ile; key play­ers in the mar­ine ni­tro­gen cycle can util­ize cy­anate and urea

10.12.2018 | Life Sciences

New method gives microscope a boost in resolution

10.12.2018 | Physics and Astronomy

Carnegie Mellon researchers probe hydrogen bonds using new technique

10.12.2018 | Life Sciences

VideoLinks
Science & Research
Overview of more VideoLinks >>>