PRTODAY / NewswireToday Free press release distribution service network

Written by / Agency / Source: Electronics.ca Publications

Check Ads Availability|e-mail Article


Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!

U.S OEMS Dominate 2007 Industrial and Medical Electronics Vendor Ranking - With all eyes on China for the 2008 Olympic Games and great interest generally in the rapidly developing Asian economies, one finding of note from a recent study highlights just how central the United States remains as a player in the global
U.S OEMS Dominate 2007 Industrial and Medical Electronics Vendor Ranking

 

NewswireToday - /newswire/ - Montréal, Quebec, Canada, 2008/09/15 - With all eyes on China for the 2008 Olympic Games and great interest generally in the rapidly developing Asian economies, one finding of note from a recent study highlights just how central the United States remains as a player in the global.

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Medical Services/Equipment Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Electronics.ca Publications, the electronics industry market research and knowledge network, announces the availability of a new report entitled "Industrial, Medical Electronics and Semiconductor Report Service".

With all eyes on China for the 2008 Olympic Games and great interest generally in the rapidly developing Asian economies, one finding of note from a recent study available at Electronics.ca Publications highlights just how central the United States remains as a player in the global industrial and medical electronics market.

Analysis of findings from the report "Industrial/Medical Electronics Service" shows that of a world market valued at around $525 billion in 2007, US OEMs accounted for half of the total, highlighting a major success story for North America and one which is perhaps generally overlooked.

Of those OEMs supplying electronic products to the industrial and medical sector in 2007, the top three suppliers, Caterpillar, Deere & Co and United Technologies are all US-owned companies, with Applied Materials, GE and Medtronic also featuring in the top ten. That's six of the ten largest OEMs supplying industrial and medical electronics showing as US companies, and with each one a global leader in their respective fields, this dominance looks unlikely to weaken any time soon.

While many often think of Europe and Japan as powerhouses in the industrial and medical electronics sector, European and Japanese OEMs account for under 30% and 20% of the total market respectively. Siemens is unsurprisingly ranked as the largest European OEM in the analysis, while Komatsu emerges as the leading Japanese supplier.

Following US, European and Japanese OEMs, Korean manufacturers come together to take fourth place, led by suppliers such as Hyundai and Doosan Infracore. However with a share of under 2% of the global market, it will take a lot of work, or a seismic shift, for the Koreans to take on the established order.

This brings the spotlight back to China. As a country that has dominated headlines for much of the last decade, the impact so far of Chinese OEMs on the world industrial and medical electronics market has been somewhat limited, with companies like Goldwind and Sinovel still having relatively low brand recognition. However Chinese OEMs have gained a foothold into some specific markets, for example Hangcha and Hangzhou Forklift are both becoming established as suppliers of forklift trucks and materials handling, while Holley and Londian Electrics continue to develop a presence in electronic utility metering.

Overall, Chinese OEMs are estimated to have supplied under 1% of the world industrial and medical electronics market in 2007, reinforcing the conclusion that they have a long way to go before emerging as a major force on the world stage.

However Colin Barnden, the principal analyst and author of the study urged a word of caution, adding "One need only consider the dramatic impact that Huawei Technologies has had on the telecommunications market to realize that it would be a mistake to underestimate the Chinese over the long term."

While China finished top of the Olympic medals table, Team USA currently stands proud as leader in the industrial and medical electronics market. Holding such a commanding lead, that position looks unlikely to be challenged before the Olympics reconvene in London in 2012.

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Medical Services/Equipment Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Written by / Agency / Source: Electronics.ca Publications

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick Newswire Today Visibility Checker

 

Distribution / Indexing: [+]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
Medical Services/Equipment articles,
CATCH Visitors via Your Competitors Announcements!


U.S OEMS Dominate 2007 Industrial and Medical Electronics Vendor Ranking

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name Newswire Today and LINK as the source.
 
  Is this your article?
Activate ALL web links and social stream by Upgrading to Press Release PREMIUM Plan Now!

|
Publisher Contact: Chiaki Sadanaga 
+1 514 429 1520 pr[.]electronics.ca
 
Newswire Today - PRZOOM / PRTODAY disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Electronics.ca Publications securities in any jurisdiction including any other companies listed or named in this release.

Medical Services/Equipment via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY



Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!


Read Latest Articles From Electronics.ca Publications / Company Profile


Read Medical Services/Equipment Most Recent Related Newswires:

ZOLL to Showcase Expanded Portfolio of AEDs at Caravan Salon 2017
MDxHealth Announces Service Agreement with Kaiser Southern California Permanente Medical Group
Frost & Sullivan Lauds CytoSorbents for Leading the Critical Care Immunotherapy Segment with its Novel Blood Purification Solution, CytoSorb®
MVZ Dr. Stein & Kollegen First German Medical Laboratory to Offer the SelectMDx for Prostate Cancer Test
Datalogic Announces New Healthcare Memor X3 HC Mobile Computer
Neuronix Ltd Announces the First Group of Mild to Moderate Alzheimer Patients to be Successfully Treated by The NeuroAD™ Therapy System
SelectMDx to be Distributed Across Middle East by IPS Genomix
GE Healthcare Partners with Oritain to Introduce Independent Test to Confirm Country of Origin of Fetal Bovine Serum
Saebo, Inc. Awarded Patent for Low-Profile Stroke Recovery Glove
GE Healthcare and HeartFlow Announce Global Cardiovascular Collaboration
Insulin Delivery Devices Market Size to Expand at 7% CAGR through 2020 Says PMR
Intubation Market Significant Profits Estimated to be Generated by 2025 Says Persistence Market Research
PMR Releases Report for Next Generation IV Infusion Pumps Market Impact of Existing and Emerging Market 2017-2025
Medical Tapes Market to Reach US$ 2Bn by 2024 Reports PMR
Global Pyrogen Testing Market Value Expected to Increase to US$ 1.37 Billion by 2024 Says PMR

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
NewswireToday Celebrates 10 Years in Business


PREMIUM Members


Visit  La Bella Bakery Artisan Bakery Arizona

Visit  MagLar, Inc.





 
  ©2017 Newswire Today — Limelon Advertising, Co.
Home | About | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneurs newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today - NOT affiliated with PRNewswire as we declined their partnership offer in 2013
 
PRTODAY & NewswireTODAY are NOT affiliated with USA TODAY (usatoday.com)