PT/MC sales rose by double digits in 2010
Year-end sales data for power transmission/motion control (PT/MC) products shows that U.S. and Canadian manufacturers sales increased by double digits in 2010 compared to 2009.
Following a significant drop of 26.9 percent in 2009, U.S. manufacturers saw a 14.6 percent increase in PT/MC product sales in 2010, according to sales data released by the Power Transmission Distributors Association (PTDA) in its Market Outlook Report. The annualized sales-to-inventory ratio for 2010 dropped from 10.5 at year-end 2009 to 9.5 at year-end in 2010.
Canadian manufacturers' sales fared slightly better in 2010, with a 15.1 percent increase in sales in 2010, following a 24.7 percent drop in 2009. The annualized sales-to-inventory ratio rose significantly to 10.8 at year-end 2010 compared to 7.1 at year-end 2009.
In considering sales growth on a product-by-product basis for 2010, both U.S. and Canadian manufacturers posted sales increases in every category with just one exception.
U.S. Manufacturer Percent Change in Product Sales (2009 vs. 2010)
|
Product |
Percent Change |
|
Standard Industrial Motors |
9.3% |
|
Shaft Couplings |
10.1% |
|
Unmounted Bearings |
13.2% |
|
Clutches & Brakes |
15.0% |
|
Mounted Bearings |
19.2% |
|
Mechanical Drive Systems & Other PT Products |
19.3% |
|
Gear Products |
20.3% |
|
Variable Speed Drives |
21.3% |
|
Positioning Systems/Linear Motion Products |
40.4% |
Canadian Manufacturer Percent Change in Product Sales (2009 vs. 2010)
|
Product |
Percent Change |
|
Shaft Couplings |
-0.9% |
|
Unmounted Bearings |
11.6% |
|
Gear Products |
14.4% |
|
Mechanical Drive Systems & Other PT Products |
19.8% |
|
Positioning Systems/Linear Motion Products |
23.5% |
|
Clutches & Brakes |
27.3% |
|
Mounted Bearings |
32.0% |
|
Variable Speed Drives |
36.7% |
In December, U.S. manufacturers' overall sales of PT/MC products fell by 3.8 percent, while Canadian manufacturers' sales dropped 9.9 percent compared to November 2010.
INDUSTRIAL SUPPLY MAGAZINE
The May/June issue of Industrial Supply magazine features an in-depth cover story about GHX Industrial. Plus, we're featuring articles by contributing writers Dr. Bharani Nagarathnam and Frank Hurtte, as well as interviews with numerous product and distribution industry experts.
