SC247    Topics     News

Global motion control shipments contract in first quarter 2013

Shipments of motion controllers and AC drives posted low single digit growth, while support services grew by nearly 15%.


Global shipments for motion control products fell by 7.7% in first quarter 2013, according to new statistics released by the Motion Control Association (MCA), the industry’s trade group.

“Despite the low numbers in first quarter 2013, we still saw some promising signs,” said Jeff Burnstein, president of MCA. “Book to bill ratios in six of the nine product categories are above one, indicating a strong market with good demand. Additionally, a recent survey of MCA member companies revealed that all respondents believe motion control shipments will either remain flat or increase over the next two quarters. ”

“While the majority of product categories declined in first quarter 2013, there were a few that grew,” said Alex Shikany, MCA director of market analysis. “Shipments of motion controllers and AC drives posted low single digit growth, while support services grew by nearly 15%.”

MCA summarizes market results in quarterly tracking reports and trend analysis reports. These reports examine orders and shipments by major product category quarterly and annually with tables and color graphics. Growth rates and book to bill ratios are provided for each product category. MCA also provides an economic indicator report, which enables report users to interpret quarterly statistics from the standpoint of macro-economic indicators by individual manufacturing industry, as identified by the North American Industry Classification System (NAICS).

All reports are available free of charge to all MCA members. Members providing data for the reports receive “full” versions of the reports, which are highly detailed examinations of order and shipment results. Non-participating members receive “abridged” reports, which contain shipment results. Members find the reports valuable as gauges of overall market performance and as benchmarks for assessing relative company performance.


Article Topics


Latest News & Resources





 

Featured Downloads

Navigating Procurement’s Digital Transformation with AI
Navigating Procurement’s Digital Transformation with AI
In today's rapidly evolving business landscape, the role of AI in reshaping procurement and supply chain operations is undeniable. This whitepaper by...
Unified Control System - Intelligent Warehouse Orchestration
Unified Control System - Intelligent Warehouse Orchestration
Download this whitepaper to learn Unified Control System (UCS), designed to orchestrate automated and human workflows across the warehouse, enabling automation technologies...

An Inside Look at Dropshipping
An Inside Look at Dropshipping
Korber Supply Chain’s introduction to the world of dropshipping. While dropshipping is not for every retailer or distributor, it does provide...
C3 Solutions Major Trends for Yard and Dock Management in 2024
C3 Solutions Major Trends for Yard and Dock Management in 2024
What trends you should be focusing on in 2024 depends on how far you are on your yard and dock management journey. This...
Packsize on Demand Packing Solution for Furniture and Cabinetry Manufacturers
Packsize on Demand Packing Solution for Furniture and Cabinetry Manufacturers
In this industry guide, we’ll share some of the challenges manufacturers face and how a Right-Sized Packaging On Demand® solution can...