North American Hydraulic Motor Market
- ID: 364153
- April 2001
- Region: North America, United States
- Frost & Sullivan
Demand Remains Steady In A Fiercely Competitive Economy
Despite the recent downturn of technology stocks, the continued growth of other sectors demonstrates that U.S. economy remains fiercely competitive. Governmental efforts to control long-term interest rates have encouraged capital investment in companies in a variety of fields. Consequently, demand for hydraulic motors from key end-user industries, including construction,
farming, and machine tools, among others, continues to be vital.
This Frost & Sullivan research analyzes the North American markets for gear, vane, and piston motors. It examines changes in the economies of Canada, the
United States, and Mexico and assesses the resultant impact on the marketplace. With its in-depth discussions of market drivers and restraints and its expert forecasts, this report offers its users a detailed guide to the future of the field.
Successful Acquisitions Must Utilize New Distribution Channels
While companies follow a strategy of acquisition to further market share growth, few are effectively integrating the new companies into their operations, writes the study's author. Utilization of their entire distribution structure for the acquired line as well as the parent company's line could extend the usefulness of the acquisition.
Instead, there is a tendency to neglect acquired distribution channels and to use distributors that are already associated with the parent company. But poor distribution could jeopardize the image of these newly formed companies with customers and sacrifice sales opportunities, particularly in the aftersales markets. This report surveys the changing competitive landscape and identifies successful strategies, helping you devise the most effective business plan for your company.
Research and Development, Customer Education Must Remain Top Priorities
Although there is a trend to merely respond to market trends, winners will be those companies that devote sufficient resources to forward-looking strategies. Developing new products with new potential applications will be essential to expand sales. Products with updated controls, higher output levels, smaller size, and lower noise could build demand, says the analyst.
Customer education will also play an important role. Forging a strong Internet presence could be one inexpensive means of effectively disseminating product
information to potential customers. This report highlights technology trends and pinpoints end-user requirements, enabling your company to optimize
resources and better meet customer needs.
SHOW LESS READ MORE >
- Executive Summary
- Market Overview
- Research Findings
- Total Market
- Total Market Overview
- Total Market Drivers and Restraints
- Total Market Trends
- Total Market Competitive Analysis
- Market Engineering Awards
- Hydraulic Gear Motor Market
- Hydraulic Vane Motor Market
- Hydraulic Piston Motor Market
- End User Analysis
- End User Analysis
- Table of Figures
- Table of Charts