Research and Markets: Increased Demand for Customised Pneumatic Solutions Drives Growth in the European Pneumatic Actuators Market
Dublin, Nov 06, 2009 (M2 PRESSWIRE via COMTEX) --
Company: Frost & Sullivan Inc (FRSU)
Research and Markets(http://www.researchandmarkets.com/research/203899/european_pneumatic) has announced the addition of Frost & Sullivan's new report "European Pneumatic Actuators Market" to their offering.
This Frost & Sullivan research service titled European Pneumatic Actuators Market provides an overview of the market, revenue forecasts and competitive market analysis of pneumatic actuators for different regions in Europe. This research service also provides a comprehensive analysis of the distribution channel involved and the competition in the market. In this research, Frost & Sullivan's expert analysts thoroughly examine the following product types: Standard (ISO VDMA) actuator, non-repairable or round actuator, compact actuator, rotary actuator, rodless actuator and slide actuator. The regions covered in this research are: Germany, France, Italy, the United Kingdom, Iberia, Benelux, Scandinavia, central and eastern Europe, and the rest of western Europe.
Market Overview
Despite the economic slump and declining industrial output in the European manufacturing sector adversely affecting the automotive sector in the short term, government-funded projects for energy generation and medical applications will revitalise the European pneumatic actuators market in the long term. The automation of production lines in Europe to enhance the reliability of applications has significant potential for pneumatic actuators. "The burgeoning demand for customised pneumatic solutions from the food and beverage and packaging sectors has boosted growth in the pneumatic actuators market in Europe," says the analyst of this research. "Industrial and infrastructural developments in Brazil, Russia, India and China (BRIC) have enhanced the demand for pneumatic actuators by promoting the export of original equipment manufacturer (OEM) machinery."
Stringent environmental policies of the European Commission (EC) and an unprecedented rise in energy prices have impelled the European manufacturing sector to shift to automation of production lines. Process optimisation through the deployment of pneumatic actuators is perceived by end users as an effective measure to reduce operational costs. The cost-benefit ratio obtained through the use of pneumatic actuators is higher compared to the spiralling manual labour costs in most European countries.
Complete Automation Solutions with Diverse Pneumatic Actuators Key to Market Growth
The European manufacturing sector witnessed a sharp deceleration in production levels at the end of 2008, due to the lack of credit and low demand for products. The automotive industry was the worst-affected segment because of the global economic decline that also curtailed the export business of the European manufacturing sector. As the automotive industry has been the largest end-user segment for pneumatic actuators, it has affected the uptake rates. The crisis in the chemical, textiles, wood and electronics segments has further reduced the demand for actuators. "European pneumatic manufacturers have been facing a challenge in maintaining their profit margins due to fierce market competition," observes the analyst. "In such a situation, the deployment of alternate manufacturing technologies in the production process is considered a better way of sustaining profit margins." Alternate manufacturing technologies bring flexibility and robustness to the production line, thereby achieving operational efficiency. They minimise production waste by a large margin and reduce manufacturing costs. The lack of capital expenditure for initial investments and uncertainty about the time frame of return-on-investment (ROI) prevent manufacturers from optimising their production lines.
Product portfolio encompassing complete automation solutions with diverse pneumatic actuators is the key for growth in the European pneumatic actuators market. "Competitive pricing and value-addition to justify the pricing are the primary methods to achieve differentiation in the market," concludes the analyst. "Strategic procurement of actuators from East Asian countries and the assessment of logistics costs will help manufacturers in retaining competitive pricing."
Market Sectors
Expert Frost & Sullivan analysts thoroughly examine the following market sectors in this research:
By product type:
- ISO VDMA actuator
- Non-repairable or round
- Compact actuator
- Rotary actuator
- Rodless actuator
- Slide actuator
By geographic region:
- Germany
- France
- Italy
- The United Kingdom
- Iberia
- Benelux
- Scandinavia
- Central and Eastern Europe
- The rest of Western Europe
Key Topics Covered:
- Executive Summary
- Industry Challenges
- Total European Pneumatic Actuators Market
- Regional Analysis for Total Pneumatic Actuators in Europe
- Product Analysis for European Pneumatic Actuators Market
- List of Key Industry Participants
For more information visit http://www.researchandmarkets.com/research/203899/european_pneumatic
CONTACT: Laura Wood, Senior Manager, Research and Markets Fax: +1 646 607 1907 (from USA) Fax: +353 1 481 1716 (rest of the world) e-mail: press@researchandmarkets.com
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Company: Frost & Sullivan Inc (FRSU)
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