Energy-Efficient Pneumatic Equipment to Experience Rising Demand in Europe, Says Frost & Sullivan

Energy-Efficient Pneumatic Equipment to Experience Rising Demand in Europe, Says Frost & Sullivan PR Newswire LONDON, Oct. 10, 2012 - Improved energy efficiency and wider usage of green technology to sustain growth in European pneumatic equipment market LONDON, Oct. 10, 2012 /PRNewswire/ -- After a decline in 2009, the European pneumatic equipment market witnessed positive growth in 2010 and 2011. Market prospects of 2012 are also notably impacted by the European debt crisis. The result is likely to be a decrease in market growth but an increase in overall revenues. New analysis from Frost & Sullivan (http://www.motors.frost.com), Analysis of the European Pneumatic Equipment Market, finds that the market earned revenues of $3 billion in 2011 and is estimated to reach $4.38 billion in 2018. "The global economic crisis and the sovereign debt crisis of Europe have created an atmosphere of uncertainty, with a reduction in investment capital expected in the next 2 years," notes Frost & Sullivan Research Analyst Sriram Balasubramanian. "The impact of these trends will be significant over the short and medium terms, although once the market recovers in the long term capital investment is anticipated to increase." Energy-efficient equipment will emerge as a key focus area to sustain growth during this volatile period. Equipment which supports enhanced energy efficiency, and therefore optimized energy usage, will experience greater demand.