Prognos’ 2009 study of Germany’s sunrise sectors and their regions: Munich finishes first in two fields, third overall
by Finanzplatz München Initiative
Which of Germany’s 413 regions and cities are home to the most sunrise sectors, and which thus have the greatest potential for further growth in the next five to ten years? The answer to this highly pertinent question is provided by a study recently conducted by Prognos, the renowned Swiss research institute, on behalf of Handelsblatt, Germany’s business daily.
The seven fields defined by Prognos to be the engines of Germany’s growth in the years to come are the health industry, ICT, automotive engineering, logistics, B2B and research services, industrial engineering, and measuring, operational and regulation technologies. All of these enable the adding of value assuring further prosperity.
Commenting the Handelsblatt study, Rolf Sternberg, professor of economic geography at the University of Hanover, stated: “Launched in the years after World War II, effective and purposefully pursued business development policies have transformed the Munich region from an economic backwater to being a base for advanced industries and services.”