FROST & Sullivan will host a live analyst briefing on the European pneumatic actuators market on 4 August.
The briefing will aim to provide industry participants with an overview of the European Pneumatic Actuators Market.
Highlights of the briefing include insights on market trends discussed in terms of product lines and regions within Europe.
The briefing will benefit the various pneumatic actuator manufacturers, distributors and Original Equipment Manufacturers (OEMs).
European pneumatic manufacturers are finding sustainability and profitability increasingly difficult to maintain in competitive market conditions exacerbated by the global economic crisis. Plummeting demand in the framework of general market uncertainty forces participants to focus more on innovation and value addition. Since demand for custom pneumatic solutions remains promising, participants are expected to instigate alliances to enhance their product and geographical coverage.
"A product portfolio encompassing complete automation solutions and all kinds of pneumatic actuators is the key for growth in the European Pneumatic Actuators Market," says John Leo Ignatius P, Frost & Sullivan Research Analyst. "Competitive pricing and value addition to justify the pricing are the key ways to differentiate from the market. Strategic procurement of actuators from Far East countries and assessment of logistics costs would help manufacturers retain competitive pricing."
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