Electric Drives: Promise of Profits and Productivity to Expand Adoption by European Packaging Industry

  Enquire / contact me

The market earned revenues of €184.4 million in 2010

Electric Drives: Promise of Profits and Productivity to Expand Adoption by European Packaging Industry
Electric Drives: Promise of Profits and Productivity to Expand Adoption by European Packaging Industry

Electric drives are poised to experience widespread acceptance in the European packaging industry due to the attractive profit margins associated with their implementation. Economic recovery and increasing investments in packaging infrastructure, coupled with government regulations, will boost the adoption of electric drives by the packaging industry.
New analysis from Frost & Sullivan (http://www.motors.frost.com), Electric Drives Market in the European Packaging Industry, finds that the market earned revenues of €184.4 million in 2010 and estimates this to reach €272.6 million in 2017.
"The need to maximise profit margins, while maintaining the competitive pricing of the end product, is motivating the implementation of drives in the packaging production line," notes Frost & Sullivan Research Analyst Ramasubramanian N. "The shift towards energy-efficient machinery will increase the demand for electric drives in the European packaging industry over the next 7 years."

Posted on August 23, 2011 - (362 views)
by
Related articles
BASF Corporation leads a commercial demonstration with ExxonMobil
Measuring the Position of Hydraulic and Telescopic Cylinders
Smart Plastics for Smart Maintenance
Stop wasting time on network commissioning reports
"Change is a Collection of Processes''
Novotema Celebrates its 40th Anniversary
TEL 10WI Series
AI Convention Europe Presents KAPTAIN
Honeywell Becomes Principal Member of ODVA
Faulhaber Lands in Italy
Abu Dhabi International Petroleum Exhibition & Conference
Connect Everything with eFactory
Sensing Innovation in Process and Control
Mechatronic Products
SENSORS & INSTRUMENTATION for Test Measurement & Control
IIoT I/O Series
Hannay Reel Hose and Cable Reels
SPS IPC Drives 2018 - Free Ticket
Level Switches
Ultrasonic Flowmeter for Air
Compact True Color Sensor
A new performance class in inductive displacement measurements
Positioning System
Torque Limiter
Ultrasonic Flowmeters for Compressed Air
Isolated 4-port PSE Controller
Multifunction Panel Meters DCM20 series
450 Watt Medical Power Supplies
Portable Emissions Analyzer E8500 plus
Photovoltaic Fuse Holder
Measuring the Position of Hydraulic and Telescopic Cylinders
AI Convention Europe Presents KAPTAIN
Ultrasonic Flowmeters for Compressed Air
JDN Mini 24/07
Motion Controller from FAULHABER with STO shutdown
Temperature control technology
Multi-tasking Communication Server
Guidance Systems for Higher Duty XTS Applications
Advanced Humanoid Robot Hand
Virtual Personal Assistant ODP S3