Home
Global Supplier Directory
APPLIANCE Engineer
Supplier Solutions
APPLIANCE Line
Whitepaper Library
Calendar of Events
Association Locator
Contents Pages
Market Research
Subscription Center


 
Daily News

Growing Confidence Seen at Technology Exhibitions Week 2010
Jun 8, 2010
 Printable format
 Email this Article
 Search

Principal branches of the industry exhibiting at the 2010 Technology Exhibitions Week released figures during the expo that pointed to early signs of an upswing in these markets.

TEW included three events: BIAS - Biennial International Automation, Instrumentation, Microelectronics and ICT for Industry Exhibition; Fluidtrans Compomac - Biennial International Fluid Power Transmission and Mechatronics Exhibition; and Mechanical Power Transmission & Motion Control, Biennial International Mechanical Transmissions, Motion Control and Mechatronics Exhibition.

Particularly encouraging signs were reported by Anie-Assoautomazione (Italian Automation and Measurement Association) and Assofluid (Italian Association of Manufacturing and Trading Companies in Fluid Power Equipment and Components). Following a sharp market drop in 2009 that nosed down anywhere between 40% and 50%, figures for fluid power in the first quarter of 2010 were bound to be flattering and show a double-digit upturn in sales and an even sharper rise in orders, according to Assofluid. Domestic production in the first quarter in hydraulics grew 16% and orders jumped 117.4%. Pneumatics production grew 44.1% and orders jumped 68.5%.

Assofluid said prospects for 2010 are markedly better than 2009, although it remains difficult to forecast rates of growth. Current data points to domestic growth driven by exports both in terms of sales and orders, while the domestic market is still resisting growth.

According to Assoautomazione, first quarter results pointed to an increase in sales of components and systems. Automated products designed for machinery packaging posted stronger growth. Heavy industry, metal works, and machine tools are lagging.

Back to Daily News

 

Daily News

...........................................................

Sep 19, 2014: Builder confidence at highest level since Nov. 2005

Sep 19, 2014: Builders Show, Kitchen/Bath Show, and 3 other events converge for 2015 Design & Construction Week

Sep 19, 2014: GE Appliances supporting Susan G. Komen

Sep 18, 2014: AHRI at White House unveils $5 billion refrigerant R&D plan

Sep 18, 2014: Solar microinverter market could break $1 billion by 2018

More Daily News>>

RSS Feeds
.........................................................
Appliance Industry
Market Research

...........................................................

March 2014: Market Research - 62nd Annual U.S. Appliance Industry Forecast
February 2014: Appliance Magazine Market Insight: December 2013
January 2014: Market Research - Appliance Historical Statistical Review: 1954-2012
January 2014: Appliance Magazine Market Insight: November 2013




 
Contact Us | About Us | Subscriptions | Advertising | Home
UBM Canon © 2014  

Please visit these other UBM Canon sites

UBM Canon Corporate | Design News | Test & Measurement World | Packaging Digest | EDN | Qmed | Plastics Today | Powder Bulk Solids | Canon Trade Shows