More and more European microtechnology companies enter markets in China and Eastern Europe

The European microtechnology companies are still trading mainly within Western Europe. Outside the European home market, the US market continues to be the strongest, but markets in China and Eastern Europe have become considerably more important for the industry since 2013.

Business with Russia has not abated despite the economic sanctions; a higher proportion of companies is doing business in Russia today than two years ago.
 
Emerging markets such as India and Brazil have not developed as fast as expected. The proportion of companies with market activities in Brazil has remained stable since 2013. However, an additional 22% of microtechnology companies want to become active there within the next five years. This would make Brazil the fastest growing overseas market for the European microtechnology industry in the medium term.
 
Source: IVAM Survey 2015