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End Users Demand for Optimisation Promote Growth in the Western European Motion Controllers Markets - New analysis from Frost & Sullivan, Western European Motion Controllers Markets, finds that these markets earned revenues of €1.44 billion in 2006 and estimates this to reach €1.92 billion in 2013
End Users Demand for Optimisation Promote Growth in the Western European Motion Controllers Markets

 

NewswireToday - /newswire/ - London, United Kingdom, 2007/06/06 - New analysis from Frost & Sullivan, Western European Motion Controllers Markets, finds that these markets earned revenues of €1.44 billion in 2006 and estimates this to reach €1.92 billion in 2013.

   
 
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The demand from end users for factory automation and process optimisation has been one of the major drivers of growth in the motion controllers market in western Europe. The robust export order books of OEMs will also play a major role in the growth of the controllers market.

New analysis from Frost & Sullivan (industrialautomation.frost.com), Western European Motion Controllers Markets, finds that these markets earned revenues of €1.44 billion in 2006 and estimates this to reach €1.92 billion in 2013.

If you are interested in a virtual brochure, which provides manufacturers, end users, and other industry participants with an overview of the latest analysis of the Western European Motion Controllers Markets, send an email to Joanna Lewandowska, Corporate Communications, at joanna.lewandowska[.]frost.com with your full name, company name, title, telephone number, email address, city, state, and country. We will send you the information by email upon receipt of the above information.

“The market has grown due to end-user demand for factory automation and process optimisation, as well as OEMs’ robust export order books,” notes Frost & Sullivan Research Analyst Suman Bhaskar. “The orders have come mainly from extensive infrastructural developments and the emergence of process industries in Asia, the Middle East and eastern Europe.”

This is expected to have a direct impact on the motion controllers markets and translate into a significant driving force. It is also important to note that technology has played an important role in market growth. Trends towards energy saving, the installation of real-time industrial communication networks and a growth in the number of PC-based controllers have all helped to sustain healthy growth rates.

Future trends appear optimistic, particularly in Spain and Germany, where there are no signs of market maturity owing to the high technology development. Increased spending by end users on optimisation, energy saving and flexibility of processes is expected to propel growth in the western European market for motion controllers.

Technologies such as real-time Ethernet are likely to enhance growth opportunities. However, with a greater number of customers looking for a one-stop shop for all their needs, the market will witness a shift in focus from individual components towards providing complete solutions and this trend is expected to positively influence the market.

“With an increase in demand for complete solutions, it is becoming increasingly important for companies to use their knowledge of local conditions to sustain and improve market shares,” explains Bhaskar. “As machines are becoming more complex and technological changes are occurring at a rapid pace, customers require better service and training.”

Customers are looking for better accountability of solutions and products available on the market. This can be achieved only by companies which have proven credibility, product quality good rapport with distributors and knowledge of the local market.

Western European Motion Controllers Markets is part of the Power Transmission Growth Partnership Service, which also includes research on modular PLCs, compact PLCs and PC-based controllers. All research included in subscriptions provide detailed market opportunities and industry trends that have been evaluated following extensive interviews with market participants. Interviews with the press are available.

About Frost & Sullivan
Frost & Sullivan, a global growth consulting company, has been partnering with clients to support the development of innovative strategies for more than 40 years. The company's industry expertise integrates growth consulting, growth partnership services, and corporate management training to identify and develop opportunities. Frost & Sullivan serves an extensive clientele that includes Global 1000 companies, emerging companies, and the investment community by providing comprehensive industry coverage that reflects a unique global perspective and combines ongoing analysis of markets, technologies, econometrics, and demographics.

 
 
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End Users Demand for Optimisation Promote Growth in the Western European Motion Controllers Markets

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Frost & Sullivan |
Publisher Contact: Joanna Lewandowska 
+48 22 390 41 46 joanna.lewandowska[.]frost.com
 
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