Market Outlook 2018
Market for traditional weather observation solutions is expected to be flat. Market growth is expected to originate from digital solutions as well as air quality measurement, however, starting from a low level. Demand for weather observation solutions is expected to improve in Americas. In Asia-Pacific, Middle East and Africa as well as China regions demand is expected to be stable whereas in Europe demand is expected to decline compared to strong 2017 as customers’ decision-making may take time. Demand for digital solutions is expected to improve moderately.
Market for industrial measurement solutions is expected to be healthy. Underlying demand is expected to grow in all regions. Demand for power transmission products is expected to develop positively and continuous monitoring systems to gain speed from the release of next generation system.
Foreign exchange rates are expected to have a negative impact on reported net sales, assuming they remain at the end of March level.
Interim Report January-March 2018, April 25, 2018