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  • A Few Growth Areas for the Global Pump Market

    The industrial pump market is huge. Value of sales for these kinds of pumps should reach $32.5 billion in 2009, which is about the same as sales in 2008. For 2010, researchers at the McIlvaine Company are forecasting sales growth of 2.5 percent, worldwide.     McIlvaine has recently completed a report on industrial pumps; it’s called: ...
    Posted to Research (Forum) by mikekeat on January 21, 2009
  • Why New Product Video Demos Are Great Marketing Tools for Today’s Industrial Buyers

    No question about it, business audiences are getting comfortable using online video in their work.  And video demos are great ways to introduce new products to those audiences.    Well over half (63 percent) of business and IT professionals access online videos at least once a week, says a survey of 5,300 conducted by ...
    Posted to Research (Forum) by mikekeat on October 24, 2008
  • U.S. Is Still a Power in Production of Industrial Machinery

    The United States retained its lead as the world’s largest producer of industrial machines in 2006, with $122 billion worth of production.  This was one of the findings of new research and statistics-gathering from IMS Research.   This lead is narrowing, however. Germany was second with $119 billion, followed closely by Japan with $110 ...
    Posted to Research (Forum) by mikekeat on October 10, 2008
  • Capital Spending on the Rise, Says New Census Report

    Capital spending by all U.S. businesses rose 14.3 percent to a record high $1.31 trillion, in 2006 according to the U.S. Census Bureau. This represents a $165 billion increase from the $1.14 trillion in capital spending reported in 2005 and surpasses the previous high of $1.16 trillion in 2000.   These data come from the Census Bureau’s ...
    Posted to Research (Forum) by mikekeat on October 8, 2008
  • “Other Industrial Machinery”-—A Multi-Billion-Dollar Market Category

    Makers of several categories of industrial machinery are seeing no shortage of customers or business. This category includes establishments primarily engaged in manufacturing “other industrial machinery.”   The 5-digit NAICS code for this kind of industry & equipment is 33329.  It is under the NAICS hierarchy of Industrial ...
    Posted to Research (Forum) by mikekeat on May 16, 2008
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