Long-term control valve growth
September 2010
Other technologies
The year 2009 was a difficult one for many control valve suppliers, with some of the key global suppliers suffering double digit percentage revenue declines. Other suppliers’ shipments, however, were buoyed by strong backlogs experienced at the beginning of the year. Overall, shipments for control valves were down nearly 4% from 2008. This year looks to be even more gruelling for control valve suppliers as they continue to face soft global demand, this time without the support of a healthy backlog.
Despite the current pessimism, there are a number of factors pointing towards long-term control valve growth according to a new ARC Advisory Group study.
Worldwide control valve business
Control valves are widely used in manufacturing applications to optimise production and lower cost, and are poised for moderate growth in the long term. Senior analyst David Clayton, principal author of ARC’s 'Control valve worldwide market outlook', says, “Manufacturers have recognised that automation is key to survival in the global economy and there are crucial factors that will continue to drive the use of automation, fuelling control valve market growth. These automation drivers include growing demand for energy savings; higher productivity; increased production accuracy; better product quality; greater manufacturing agility to satisfy changing market demands; additional condition monitoring; better process control; increased safety functionality; greater capability for collaborative processes; and additional regulatory compliances.”
For more information contact Kim Coffman, ARC Advisory Group, +27 (0)11 508 634 8551, [email protected], www.arcweb.com
Further reading:
Monitoring vibration allows for equipment longevity
Iritron
Other technologies
Unscheduled downtime and maintenance on machines is often a source of frustration for many companies active in industrial manufacturing as it results in loss of process and productivity, which in turn equates to loss of revenue.
Read more...
Building resilience in extreme environments
Other technologies
The petrochemical and oil and gas sectors operate in unforgiving environments. In this high-stakes industry, operational efficiency is vital, and unplanned downtime can have severe consequences. To thrive in this demanding landscape, a proactive and sophisticated approach to maintenance is no longer an option, but a necessity.
Read more...
Extending oil drain intervals
Other technologies
In a recent field study, African Group Lubricants tested the performance of Mobil Delvac Modern MX 15W-40 Super Defense engine oil under rigorous operational conditions. The goal was to extend the oil drain interval while maintaining optimal engine performance and reliability.
Read more...
Electric chain hoist where advanced features are standard
Other technologies
Konecranes has launched the new Konecranes D-Series electric chain hoist, designed to meet the demands of industries that require high-performance lifting equipment.
Read more...
Latest advance in automotive cooling fluids
Other technologies
The automotive industry is undergoing a significant transformation, driven by advancements in vehicle design and increasing demands for enhanced performance and durability. These changes are bringing a marked shift toward formulations that offer improved heat dissipation and robust corrosion resistance.
Read more...
Advancements in wire rope testing
Other technologies
Being able to get instant, real-time and portable detection of wire rope flaws can make a significant difference for operational teams. There have been a number of significant technological advancements and tools entering the market that help wire rope operators detect and resolve problems faster.
Read more...
Complete solutions for the die casting industry
Other technologies
Die casting is a manufacturing process that involves injecting molten metal into a mould to produce complex, high-precision components. FUCHS Lubricants South Africa addresses the evolving demands of the die casting sector through continuous product innovation and development.
Read more...
Regular maintenance of cutting fluids is essential to maintain quality
Other technologies
Regular cleaning and maintenance of cutting fluid systems significantly enhances overall efficiency by extending the life of the cutting fluids, reducing downtime and improving the quality of the end products.
Read more...
Rethinking common approaches to wire rope lubrication
Other technologies
: Wire ropes are hard-working components in many different applications, from mines to lifts, ports, construction sites and drainage systems. Correct lubrication of wire ropes is absolutely critical because wire ropes are more than just cables, they are intricate machines composed of interdependent parts in constant motion.
Read more...
Quantum refrigerator paves way for reliable quantum computers
Other technologies
Quantum computers require extreme cooling to perform reliable calculations. Researchers at Chalmers University of Technology, Sweden, and the University of Maryland, USA, have engineered a new type of refrigerator that can autonomously cool superconducting qubits to record low temperatures, paving the way for more reliable quantum computation.
Read more...
printer friendly version