Microtechnology industry does not yet expect long-term damage from coronavirus pandemic

Representatives of the microtechnology industry at this point in time do not assume that the industry will suffer from the consequences of the coronavirus pandemic in the long term: 63 % currently do not expect any long-term effects that will have a lasting impact on the industry for several months or even years. 

Economic damage to microtechnology suppliers by Corona strongly depends on the user industry

Since a large proportion of microtechnology companies are suppliers and thus dependent on the business of the distributors, a possible decline in business strongly depends on the user industry. For example, the crises will affect suppliers to the automotive industry more severely than suppliers to the medical technology industry. Specialized or OEM suppliers could find themselves in a difficult situation, as they do not have much opportunity to take countermeasures. 

Source: Poll conducted by the IVAM Microtechnology Network on March 19, 2020 among its members based in Germany