PRZOOM - /newswire/ -
Palo Alto, CA, United States, 2006/10/03 - New analysis from Frost & Sullivan the North American Brakes and Clutches Markets, reveals that the market earned revenue of $167.9 million in 2004 and estimates to reach $183.2 million in 2011..
With the brake and clutch systems remaining an inexpensive means of torque control, the reduction in prices of electric drives has spurred a shift in loyalty of the buyers. But safety requirements and safety standards have instigated a low growth in the North American market.
New analysis from Frost & Sullivan the North American Brakes and Clutches Markets, reveals that the market earned revenue of $167.9 million in 2004 and estimates to reach $183.2 million in 2011.
If you are interested in a virtual brochure, which provides manufacturers, end users and other industry participants with an overview of the latest analysis of the North American Brakes and Clutches Markets, then send an e-mail to Tori Foster - Corporate Communications at tori.foster[.]frost.com with the following information: your full name, company name, title, telephone number, e-mail address, city, state and country. We will send you the information via email upon receipt of the above information.
“Manufacturers are experiencing a steady drop in price for their clutches and brakes,” says Frost & Sullivan Industry Manager Kishan Bhat. “This is because of the cautious spending by original equipment manufacturers (OEMs) and end users. To add value to the customers, manufactures are trying to develop brakes and clutches which have smoother torque transfer.”
Although the clutches and brakes are the least expensive in the market, the technology of permanent is the least effective compared to other technologies. With most of the manufacturers shifting towards more advanced and efficient technologies the prices seem to keep on lowering, and will continue to do so in future. A few companies have come out with improved brakes and clutches, which have smoother shifting from static to dynamic torque. This would give their products an edge over other companies and help to capture more market.
The influx of inexpensive foreign products due to very few import barriers reduces the price margins. Also, with increase in raw material costs, and the increase in wages, the overall manufacturing costs have gone up. This has lead to the increase in the prices of the brakes and clutches, and growth of revenues of the market.
In an environment where OEMs are looking for ways to reduce their costs, most of them are choosing the less expensive foreign products for their facilities, causing greater woe to North American manufacturers.
With a distinct low cost manufacturing advantage from growing economies, the manufacturers in North America get parts imported from these countries and assemble them in the United States. Thus it is a win-win situation for both the economies and this has driven the manufacturing sector out of recession. Thus the brakes and clutches market which depends on the manufacturing sector – also grows. Also end users comply with the safety standard and regulations, which also creates growth in the market.
The North American Brakes and Clutches Markets, a part of the Motors, Drives and Power Transmission subscription, provides an overview and outlook for the market. This study has been segmented into permanent magnet brakes and clutches, electro-magnetic brakes and clutches and over-running clutches. This research includes detailed market opportunities and industry trends that have been evaluated following extensive interviews with market participants. Interviews are available to the press.
Frost & Sullivan, a global growth consulting company, has been partnering with clients to support the development of innovative strategies for more than 40 years. The company's industry expertise integrates growth consulting, growth partnership services, and corporate management training to identify and develop opportunities. Frost & Sullivan serves an extensive clientele that includes Global 1000 companies, emerging companies, and the investment community by providing comprehensive industry coverage that reflects a unique global perspective and combines ongoing analysis of markets, technologies, econometrics, and demographics.
North American Brakes and Clutches Markets