Siemens report reveals lack of consensus amongst manufacturers on big issues

NEW research has revealed divided opinion within the manufacturing sector which could have an impact on the future growth of UK industry.

The Siemens Industry UK report, Industry Pulse – Challenges and Outlook for Manufacturing, reveals a lack of consensus on the economic climate, the appetite to invest and on the need for greater government support for the sector.    

The respondents place UK industry just behind China and India when it comes to manufacturing innovation, but half (51%) of respondents do not think the UK is as advanced as it could be in industrial automation, and must invest more in the area. 

Siemens’ researchers canvassed the views of more than 500 senior individuals  – including many in the Midlands – working in the manufacturing and process sector in areas such as automotive, food and beverage, chemical, pharmaceutical, oil and gas and water and waste water.

Juergen Maier, managing director at Siemens Industry UK, said: “There is a lack of consensus across the sector and, in light of recent data, this gives us cause for concern, as industry has a central role to play in helping to rebalance the economy. In order to do this, we have to be joined up and agree on the priorities for achieving export led growth.

“UK manufacturing placing itself in the top three globally for innovation shows the commitment and pride of UK manufacturers – which is great. There are strong levels of optimism too, especially amongst smaller firms and those in the domestic supply chain who we regularly partner with.

“However, there are some clear challenges to overcome so we can claim this leading position globally and use it to grow the sector.”