Growth expectations up to 2020 of the sector conveyor slightly higher than in German machinery industry – Quest Industry Report

The Quest Industry Report compares growth expectations of the sector conveyor with those of the German machinery industry. The data come from a market survey conducted by Quest TechnoMarketing, which examined the use of servo drives at machines up to 2020. The market survey focused on the ten automation-relevant mechanical engineering sectors which, according to Quest TechnoMarketing’s estimate, use 80% of automation technology in the entire machinery industry.

The growth expectations to 2020 of the machinery industry in terms of machine production are 5.5% per year. Machine-builders in the sector conveyor are somewhat more optimistic. Their growth expectations are one percentage point higher at 6.5% per year.

The extent of the growth shows clear differences between conveyor and machinery industry.

The share of conveyor to the range of more than 5% to 10% growth in machine production per year is with 33% more pronounced than in mechanical engineering with 26%. High growth expectations of more than 10% per year do not occur in conveyor but in machinery industry with a share of 15%.

Clear differences can be seen in the expected decline in machine production. In machinery industry, 1% of machine-builders expect a decline in their machine production by 2020. In conveyor more than one in ten machine-builders (11%) expects a decline in production by 2020.

The Quest industry report is available in German and English on https://www.quest-trendmagazine.com/en/machinery-industry/conveyor/growth-expectations-in-sector-conveyor.html

Various influencing factors are reflected in the differentiated picture of growth expectations. These also include the industry structure of conveyor, which shows an above-average share of medium-sized manufacturers as a further Quest industry report outlines.

Über Quest Trend Magazine

Quest Trend Magazine publishes trends in automation from the users’s point of view mainly in machinery industry, automotive and F&B industry. The economic backdrop of these trends are highlighted as well.

The trends are based on market surveys by Quest TechnoMarketing, Bochum, London, specialized in market surveys and marketing for the automation technology for more than 20 years and the publisher of the Quest Trend Magazine in English and German language.

The economic backdrop is analyzed by Quest Research, a department of Quest TechnoMarketing.

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http://www.quest-trendmagazine.com

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Thomas Quest
Managing Director
Telefon: +49 (234) 34777
Fax: +49 (234) 332202
E-Mail: media@quest-trendmagazin.de
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