Organic and printed electronics industry expects an increase of 17% in sales revenue in 2017
The signs continue to be set for growth in the organic and printed electronics industry. This is the clear message of the latest business climate survey conducted by the OE-A (Organic and Printed Electronics Association), a working group within VDMA (Mechanical Engineering Industry Association). Three quarters of the survey participants expect the industry to continue its positive development in the coming year.
With projected sales revenue of 10%, 2016 will be a very successful year for OE-A members which confirms the expected outcomes of the previous survey, carried out earlier this year. For 2017, a continuation of the positive trend in the organic and printed electronics industry is expected – in all areas, from material suppliers to end users. Companies expect further advancement and revenue growth of 17%.
The positive outlook for 2017 is also reflected in other areas. Companies would like to continue to invest into expanding production. About one third even want to increase these investments. In addition, projects in R&D activities are broadened. Furthermore, there are promising opportunities for employees in the organic and printed electronics industry: 31% of the companies surveyed plan to hire additional staff in the next six months.