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

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.