PRTODAY / NewswireToday Free press release distribution service network

More news: Energy
Written by / Agency / Source: Frost & Sullivan

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!

Significant Growth in the Production Sector Drives Innovation in the South African Boiler Market States Frost & Sullivan - Development in the food and beverage industry as a segment of the production sector in South Africa resulted in the South African boiler market witnessing significant growth in 2008 prior to the economic downturn
Significant Growth in the Production Sector Drives Innovation in the South African Boiler Market States Frost & Sullivan

 

NewswireToday - /newswire/ - Cape Town, South Africa, 2010/05/04 - Development in the food and beverage industry as a segment of the production sector in South Africa resulted in the South African boiler market witnessing significant growth in 2008 prior to the economic downturn.

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Energy Announcements

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


 

New analysis from Frost & Sullivan (energy.frost.com), The South African Boiler Market, finds that the market earned revenues of $5.02 billion in 2008 and estimates this to reach $5.2 billion in 2014. The following product segments are covered in the analysis: package boilers (shell boilers), utility boilers, water-tube boilers and electrode boilers.

If you are interested in more information on this study, please send an email to Patrick Cairns, Corporate Communications, at patrick.cairns[.]frost.com, with your full name, company name, title, telephone number, company email address, company website, city, state and country.

"The economic development and prosperity of South Africa prior to the global recession resulted in the domestic boiler market experiencing extreme growth in 2008," notes Frost & Sullivan Programme Manager Cornelis van der Waal. "Although this will not be the case in 2010, the outlook remains positive for the boiler industry as soon as the economy starts recovering."

The market is expected to remain robust due to a strong pipeline of projects in the power sectors, as the public utility Eskom has embarked on a massive $15.4 billion capital expenditure programme. Strong demand from the metals and mining sectors, coupled with healthy demand from the production sector, especially the food and beverage industry, will further promote market prospects.

Boiler manufacturers as well as the end users of boilers face a significant challenge of skills shortage in South Africa. Although some of the market leaders, for example John Thompson, run a boiler house training school, the pool of knowledge and skills in the boiler industry is extremely limited.

"Not enough is being done to train and empower boiler operators," cautions van der Waal. "The shortage of skilled labour could translate into inefficiency in the near future."

Participants in the boiler OEM market segment and the servicing segment have attempted to overcome these challenges by investing in training programmes and by design flexibility and product customisation.

"The knowledge, skills and experience of boiler operators and manufacturers in South Africa are limited to an exclusive and small pool of professionals," states van der Waal. "The ability to combine Black Economic Empowerment (BEE) with providing apprenticeships at an OEM will ensure the retention of valuable expertise."

At the same time, one of the best practices needed to be successful in the market is having access to a database of internationally acclaimed boiler designs and technologies. It is the opinion of Frost & Sullivan that the development of world-class boiler technology (for example, fibrous fuel technologies) could result in a company becoming the market leader.

The South African Boiler Market part of the Energy & Power Growth Partnership Service programme, which also includes research in the following markets: The African Large Wind Turbine Market, Asian Influence in the Sub-Saharan African Electricity Market and, Sub-Saharan Gas Turbine Markets. All research included in subscriptions provide detailed market opportunities and industry trends that have been evaluated following extensive interviews with market participants.

About Frost & Sullivan

Frost & Sullivan, the Growth Partnership Company, enables clients to accelerate growth and achieve best-in-class positions in growth, innovation and leadership. The company's Growth Partnership Service provides the CEO and the CEO's Growth Team with disciplined research and best-practice models to drive the generation, evaluation, and implementation of powerful growth strategies. Frost & Sullivan leverages over 45 years of experience in partnering with Global 1000 companies, emerging businesses and the investment community from 40 offices on six continents.

The South African Boiler Market / M4B1

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Energy Announcements

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


 

Written by / Agency / Source: Frost & Sullivan

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick Newswire Today Visibility Checker

 

Distribution / Indexing: [+] / [Company listed above is a registered member of our network. Content made possible by PRZOOM / PRTODAY indexing services]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
Energy articles,
CATCH Visitors via Your Competitors Announcements!


Significant Growth in the Production Sector Drives Innovation in the South African Boiler Market States Frost & Sullivan

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!

Frost & Sullivan |
Publisher Contact: Patrick Cairns 
+27 18 464 2402 patrick.cairns[.]frost.com
 
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 Frost & Sullivan securities in any jurisdiction including any other companies listed or named in this release.

Energy 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 Frost & Sullivan / Company Profile


Read Energy Most Recent Related Newswires:

GE Renewable Energy to Equip First Commercial U.S. Integrated Solar-Wind Hybrid Project
GE’s Gas Engine Technology Provides Cost-Effective, Grid-Stability Solution for Cameroon Poultry Hatchery
Venture Global LNG Selects GE Oil & Gas Advanced Technology Plant-wide Solution for LNG Export Facilities Under Development in Louisiana
SolarWinds Unveils the Next Generation of IT Troubleshooting at Cisco Live EMEA 2017
SolarWinds IT Management Platform Being Tested for Secure Government Deployment
World's First Purpose-built LNG Bunkering Vessel Delivered to ENGIE, Fluxys, Mitsubishi Corporation and NYK
Enel Closes Acquisition of Brazilian Distribution Company CELG
SolarWinds IT Management Platform Achieves Common Criteria Certification
GE & HEI Achieve Major Milestone with First Fire of HA Gas Turbine At Bhikki Power Plant
Aluminium of Greece Collaborates with GE to Drive Efficiency Using Predix*-based First-of-their-kind Digital Smelter Solutions
Enel Green Power Gives Renewable Energy to New Paediatric Surgery Hospital in Uganda
GE Inaugurates Redhill (Stafford) Manufacturing Facility, UK
Turkey's First Digital Power Plant Powered by GE & GAMA Energ
Enel Promotes Italian Solutions in the Residential Storage Market
GE Provides Generator Services and Monitoring Solutions to Suez-Tractebel Operation & Maintenance Oman LLC

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
NewswireToday Celebrates 10 Years in Business


PREMIUM Members


Visit  JobsWare.com

Visit  NAKIVO, Inc.





 
  ©2017 Newswire Today — Limelon Advertising, Co.
Home | About | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR free 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)