MOST TRUSTED NEWSWIRE PRESS RELEASE DISTRIBUTION
PRTODAY / NewswireToday 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!

Prospect of Reduced Maintenance Costs to Promote Uptake of New Control Valves in Europe Says Frost & Sullivan - Focus on innovative, high quality yet cost-effective products will be critical to promoting long-term growth - IndustrialAutomation.Frost.com
Prospect of Reduced Maintenance Costs to Promote Uptake of New Control Valves in Europe Says Frost & Sullivan

 

NewswireToday - /newswire/ - London, United Kingdom, 2012/02/13 - Focus on innovative, high quality yet cost-effective products will be critical to promoting long-term growth - IndustrialAutomation.Frost.com.

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Manufacturing / Robotics Announcements

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


 

Steady growth in the European control valves market was derailed by the global economic recession, resulting in a significant decline in sales in 2009. Fears of a double-dip recession caused sales to slump in 2010 as well.

The market has experienced a sluggish recovery in 2011, powered by demand from the food and beverage and power generation sectors. Promisingly, however, projects that had been put on hold during the recession are back on track. These, together with newly initiated projects, are expected to drive growth.

New analysis from Frost & Sullivan (industrialautomation.frost.com), Strategic Analysis of Control Valves in the European Market, finds that the market earned revenues of €496.5 million in 2010 and estimates this to reach €676.3 million in 2017. Rotating shaft and sliding stem-type control valves are the product segments covered in the research.

An increased focus on reducing maintenance costs and tighter pro-environment regulations are the two factors poised to boost market prospects.

"There is heightened emphasis on incorporating a diagnostic tool within the control valve, which would eliminate the need for periodic services as well as downtime due to maintenance problems," explains Frost & Sullivan Programme Manager Ashwin Annareddy. "This would also result in a revamping of the basic design of control valves, leading to a significant increase in sales."

Regulations regarding environmental pollution are poised to become tougher in the coming years. This will impact the design of control valves and boost the sales of valves that promote environmentally sustainable practices across various end-user industries.

Investments in the food and beverage as well as the power generation industries are also set to fuel the uptake of control valves. At the same time, Central and Eastern Europe are anticipated to emerge as the primary geographical markets.

"Manufacturers should develop broad product portfolios that would satisfy the requirements of these end-user and geographical segments," advises Annareddy. "This strategy would enable them to broaden their market reach as well as increase their penetration of these emerging geographical markets."

A key challenge for European market participants has been pricing due to intensifying competition from Asian low-cost alternatives. This situation has been aggravated by budgetary limitations that have affected R&D initiatives.

"To assert their competitive dominance, European control valve manufacturers have to focus on developing innovative, high-quality yet cost-effective designs that meet end-user requirements," advises Annareddy. "Value added services that would generate valuable income and enable companies to differentiate themselves from the competition would also be critical to long-term success."

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

Strategic Analysis of the European Control Valves Market is part of the Industrial Automation & Process Control Growth Partnership Services programme, which also includes research in the following markets: European Pneumatic Valves Market, Strategic Analysis of Eastern European Pumps Market, Strategic Analysis of the European Pumps Market in the Oil and Gas Industry and Strategic Analysis of the European Positive Displacement Pumps 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 Manufacturing / Robotics 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 NewswireToday 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
Manufacturing / Robotics articles,
CATCH Visitors via Your Competitors Announcements!


Prospect of Reduced Maintenance Costs to Promote Uptake of New Control Valves in Europe Says 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 NewswireToday and LINK as the source.
 
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.

Manufacturing / Robotics 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 Manufacturing / Robotics Most Recent Related Newswires:

SCHOTT’s Lebanon, Pa. Facility Reaches New Record in Glass Vial Production for COVID-19 Vaccine
Naval Group Equips A French Navy Ship with A 3D-printed Propeller
iBASEt Applauded by Frost & Sullivan for Enhancing the Production and MRO of Highly Engineered Products in the Aerospace & Defense Industry
Thales Australia to Deliver Enhanced Sonars for Collins Class Submarines
Yokogawa Invests in Venture Investment Fund Specializing in Biotech and Life Sciences
Hempel Launches Re-formulated Antifouling Technology to Enhance its Proven Range of Low Investment Hull Coatings
Fitesa Simpsonville Expanding Operations Again, Investing 0 Million in South Carolina
Hempel’s Flagship Hull Coating Hempaguard X7 Reaches Milestone
Nexans to Supply Nuclear Rated Cables to Hinkley Point C Project to Bring Carbon-free Electricity to Six Million UK Homes
BASF Reaches Agreement to Sell Site in Kankakee, Illinois to One Rock Capital Partners
BASF Announces New MRO Station in Shanghai for Deoxo™ Aircraft Ozone and Ozone/VOC Converters
BASF and Eramet Partner to Assess the Development of A Nickel-cobalt Refining Complex to Supply Growing Electric Vehicle Market
VALIO and DSM Announce Collaboration Agreement to Develop Sustainable Dairy Products
ABB Wins Contract to Safeguard Future of Printing Equipment At Dutch-based Firm
SCHOTT Joins the NKBA Global Connect Program to Accelerate North American Growth

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  RightITnow, Inc.





 
  ©2020 NewswireToday — 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 newswiredistribution 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)