OE-A predicts increases in sales revenue for the printed electronics industry
In the organic and printed electronics industry, all signs continue to point to growth, claims the latest business climate survey by the Organic Electronics Association (OE-A). This is also expected to have a positive impact on the employment situation.
In detail, the OE-A is predicting an increase in sales revenue of 19% for 2015. For the current year, expectations continue to be positive as well. The respondents expect an increase in revenue of 10% for 2014. This is slightly below previous numbers (16% in May 2014). “At this point in the year, however, companies are able to turn in precise data,” explains OE-A chairman Dr Stephan Kirchmeyer. “An increase in sales is a great result for the organic and printed electronics industry, especially since the results are applicable to all areas, from material suppliers to end users, and in all regions: Europe, Asia and the United States.”
The positive sales forecasts for the upcoming year also affect other areas of business. 53% of the companies assume that their incoming orders will increase up to 20%, 47% want to continue to invest into expansion of production. There is also said to be a bright outlook for employees in the industry: 45% of the companies surveyed want to hire additional employees in the upcoming six months. In May 2014, this figure was significantly lower, at only 23%. Furthermore, the survey participants want to continue to invest in R&D activities. 78% (May 2014: 72%) expect general growth of the industry
The next OE-A business climate survey will be published in March 2015 during the LOPEC main press conference.