PRTODAY / NewswireToday Free press release distribution service network

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!

Alternative Motion-Control Technologies Threaten Future of Industrial Hydraulic Equipment Market Warns Frost & Sullivan - Technical improvements sustain current demand for industrial hydraulic equipment, but future is bleak
Alternative Motion-Control Technologies Threaten Future of Industrial Hydraulic Equipment Market Warns Frost & Sullivan

 

NewswireToday - /newswire/ - London, United Kingdom, 2011/06/27 - Technical improvements sustain current demand for industrial hydraulic equipment, but future is bleak.

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Heavy Machinery/Handling Solutions Announcements

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


 

The industrial hydraulic equipment market is mature. Alternative electro-mechanical and electro-static solutions, such as electric drives are replacing hydraulics in industrial applications, as they are more efficient, cheaper and available at shorter lead times.

New analysis from Frost & Sullivan (motors.frost.com),"European Hydraulic Equipment Markets for Industrial Applications", finds that the market earned revenues of $1,415.1 million in 2010 and estimates this to reach $2,015.8 million by 2017. The impact of recession was severe on the European hydraulic equipment market for industrial applications with revenues dropping by 31.8 per cent in 2009 to reach $1318.8 million, as a result of low investments in major end-user segments. Despite manufacturers investing heavily in improving the reliability and performance of hydraulic equipment, revenues in this market were mainly due to retrofits rather than new installations in 2010.

"Manufacturers have been integrating electronic controls with hydraulic equipment for increased accuracy and efficiency," remarks Frost & Sullivan Programme Manager Sivakumar Narayanaswamy. "These improvements have played a significant role in sustaining the demand for hydraulic equipment."

To a certain extent, the integration of electronics into hydraulic systems has helped the hydraulic equipment market sustain revenues. However, as rapid technological developments in the various fields of alternative motion control continue, it is widely accepted that many hydraulic equipment applications may be replaced by more effective methods in the future.

Hydraulic equipment has a large installed base, which will have to be replaced or repaired within a specific time frame. The major factor sustaining the replacement market has been leakage related issues caused by ageing and corrosion in hydraulic cylinders and accessories. Even during the economic slowdown, many end users postponed new installations and invested instead in repairs and replacements.

"The use of hydraulic systems in mechanised processes is being threatened by the increased use of electrically-operated drives and motors that offer accurate performance and re-programmable digital control and settings, except in high pressure applications," states Narayanaswamy. "Electrically-operated equipment is able to meet customer demands for greater levels of accuracy and efficiency from automation apparatus."

The market is poised to witness increased consolidation due to pricing pressures and competition from low-cost imports. Small- and medium-sized organisations are unlikely to be able to withstand the competition from low-cost Asian manufacturers and decreased profit margins.

"Large multinationals are continuously looking to expand in terms of products and geographies," concludes Narayanaswamy. "This could compel small- and medium-sized organisations to collaborate or merge with their bigger counterparts."

If you are interested in more information on this study, please send an email with your contact details to Anna Zanchi, Corporate Communications, at anna.zanchi[.]frost.com.

"European Hydraulic Equipment Markets for Industrial Applications" is part of the Mechanical Power Transmission Growth Partnership Service programme, which also includes research in the following markets: European Low Voltage AC IHP Motors Market, European Medium Voltage AC IHP Motors Market, Strategic Analysis of the European Hydraulic Cylinders Market and, Strategic Analysis of the European Fractional Horsepower (FHP) Motors Market. 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 (frost.com), 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 50 years of experience in partnering with Global 1000 companies, emerging businesses and the investment community from more than 40 offices on six continents.

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Heavy Machinery/Handling Solutions 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
Heavy Machinery/Handling Solutions articles,
CATCH Visitors via Your Competitors Announcements!


Alternative Motion-Control Technologies Threaten Future of Industrial Hydraulic Equipment Market Warns 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: Anna Zanchi 
+39 02 46514819 anna.zanchi[.]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.

Heavy Machinery/Handling Solutions 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 Heavy Machinery/Handling Solutions Most Recent Related Newswires:

ANDRITZ to Supply Two Spunlace Lines to Fujian NanFang Textile Co., Ltd, Including the First TT Cards Sold in China
ANDRITZ SEPARATION Launches New Decanter Generation
ANDRITZ and TeamTec Sign Cooperation Agreement for Worldwide Marketing of the SeaSOx Exhaust Gas Cleaning System for the Maritime Industry
ANDRITZ MeWa Launches Successful Collaboration with New Trading Partner in France
Gomà-Camps Boosts Tissue Production Capacity with Voith Technology
ANDRITZ to Upgrade Bleaching System for Cartulinas CMPC in Maule, Chile
Caterpillar to Participate in the Baird 2016 Industrial Conference on November 10
Metso Receives Comprehensive Valve Order for New Kilpilahti Power Plant in Porvoo
Oak Cliff Recycling Chooses Metso N Series Inclined Shear to Speed-up Production
OBSYS Becomes FlexLink Software Engineering
ANDRITZ to Upgrade Woodyard Systems At Sappi North America’s Mill in Skowhegan, Maine, USA
ANDRITZ SEPARATION Wins Gold in Cannes
ANDRITZ to Supply Tissue Machine with the World’s Largest Steel Yankee to Brazil
ANDRITZ Honored with Award for 'Best Business Partner' by Solikamskbumprom, Russia
Voith Introduces New Coupling Generation for Intelligent Driving of Belt Conveyor Systems

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
NewswireToday Celebrates 10 Years in Business


PREMIUM Members


Visit  NAKIVO, Inc.

Visit  Triggr & Bloom





 
  ©2016 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)