Product category:
Marketing strategy and consultancy
News Release from: Frost and Sullivan | Subject: European Drives Market briefing
Edited by the Marketingservicestalk Editorial
Team on 15 August 2007
Briefing tackles European Drives Market
in food
Frost and Sullivan is to Host a Quarterly Analyst Briefing on the European Drives Market in the Food and Beverage Industry on Tuesday 21 August 2007 at 15.00 BST.
Frost and Sullivan will host a conference call on Tuesday 21 August 2007 at 15.00 BST to provide industry participants with an overview of the recently published study focusing on the European Drives Market in the Food and Beverage Industry Greater globalisation of the food and beverage industry and an ever-increasing number of energy conservation directives have combined to increase demand for electric drives in the European food and beverage industry
This article was originally published on Marketingservicestalk on 4 May 2007 at 8.00am (UK)
Related stories
Analysis predicts growth in east European ACS
The automation and control solutions market in eastern Europe is expected to witness strong growth, according to the latest analysis from global growth consultancy Frost and Sullivan.
Frost and Sullivan turns spotlight on OLED
Organic light-emitting diodes (OLEDs) will be a key technology of the future, particularly in the context of display and lighting applications, according to analysis from Frost and Sullivan.
With the food and beverage industry growing at a steady pace, there has been considerable growth of electric drives market, forcing drive manufacturers to implement technological innovations.
Despite considerable growth potential in the mature western European market, the bulk of demand for drives is expected to arise in the Eastern European regional markets, which hold immense potential.
Under the combined effect of these factors, the European drives market in the food and beverage industry is going to move towards maturity in the future.
Further reading
Briefing analyses welding equipment market
Frost and Sullivan is hosting a Quarterly Analyst Briefing on the European Welding Equipment Market on Wednesday 6 June 2007 at 15.00 BST.
Report investigates belt and chain drive market
While the European market for belt and chain drives is mature, original equipment manufacturers (OEMs) are continuing to focus on improving the design and the performance of their products.
This briefing is based upon ongoing European Drives Market in the Food and Beverage Industry analysis.
The report provides an insight into the dynamics guiding this market, and includes market challenges, drivers, restraints and avenues of opportunity for growth.
The purpose of this research is to gain a deeper understanding of the European Drives Market and its revenue value.
Highlights of the briefing include: an analysis of trends by product type, product power rating, product application and geographic regions within Europe along with their respective challenges and future prospects.
The briefing will immensely benefit manufacturers of electric drives, OEMs and distributors, by providing a general view of the major trends in electric drives market in the food and beverage industry in Europe.
"With the food and beverage industry being the largest in terms of revenue turnover in the European Union manufacturing sector, it plays a key role in maintaining industrial activity in the European economy", said Sivakumar Narayanaswamy, Senior Research Analyst for Frost and Sullivan's Industrial Automation and Process Control group.
"The electric drives market is also set for a steady growth.
"The importance of energy conservation together with food safety policy implemented by the EU in the food and beverage sector, is leading the industry to switch to automation for ensuring production of healthy food products.
"Recognising that the food and beverage industry is an important sector, the electric drives manufacturers are designing their drives and service to garner higher market share".
Frost and Sullivan will hold this conference call at 15.00 BST on Tuesday, 21 August 2007 which will provide industry participants with an outlook on the European Drives Market in the Food and Beverage Industry.
• Frost and Sullivan: contact details and other news
• Email this article to a colleague
• Register for the free Marketingservicestalk email newsletter
• Marketingservicestalk Home Page
Search the Pro-Talk network of sites
