Power Transmission/Motion Control products show positive sales growth.
Press Release Summary:
According to data released by PTDA in its Market Outlook Report, year-end sales for power transmission/motion control (PT/MC) products from U.S. and Canadian manufacturers increased by double digits in 2010 compared to 2009. U.S. manufacturers saw 14.6% increase in PT/MC product sales, while annualized sales-to-inventory ratio for 2010 dropped to 9.5. Canadian manufacturers' sales increased 15.1%, while annualized sales-to-inventory ratio rose to 10.8.
Original Press Release:
PT/MC Manufacturers Post Double-Digit Sales Gains in 2010 According to PTDA's Year-End 2010 Market Outlook Report
Chicago, Ill. - 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 as compared to 2009 according to sales data released by the Power Transmission Distributors Association (PTDA) in its Market Outlook Report.
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. 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%
December Sales Results Show Declines
In December 2010, U.S. manufacturers' overall sales of PT/MC products fell by 3.8 percent when compared to November 2010. Compared to the same period last year, sales in December 2010 were up 20.9 percent. Orders in December 2010 were down 5.5 percent compared to November 2010. The confidence level of U.S. manufacturers dropped to 4.8 (down 0.3 points from November 2010 levels on a 10-point scale with 5.0 being neutral).
Canadian manufacturers' sales dropped 9.9 percent compared to November 2010. Sales were up 27.9 percent when compared to the same period last year. The confidence level of Canadian manufacturers fell slightly to 4.8, down 0.1 from last month's level (on a 10-point scale with 5.0 being neutral).
Sales between November 2010 and December 2010 in specific product categories reflect the change in sales experienced by U.S. and Canadian manufacturers.
Month-to-month sales for nine product categories between November 2010 and December 2010 for U.S. and Canadian manufacturers are reported below.
U.S. Manufacturer Percent Change in Product Sales
(November 2010 vs. December 2010)
Product Percent Change
Positioning Systems/Linear Motion Products -12.5%
Unmounted Bearings -10.6%
Mechanical Drive Systems and Other PT Products -5.5%
Clutches & Brakes -5.2%
Shaft Couplings -5.2%
Mounted Bearings 2.1%
Gear Products 3.6%
Variable Speed Drives 4.2%
Standard Industrial Motors 4.8%
Canadian Manufacturer Percent Change in Product Sales
(November 2010 vs. December 2010)
Product Percent Change
Clutches & Brakes -19.5%
Gear Products -17.1%
Shaft Couplings -13.1%
Unmounted Bearings -10.2%
Mounted Bearings -7.3%
Mechanical Drive Systems and Other PT Products -7.0%
Variable Speed Drives 19.4%
Positioning Systems/Linear Motion Products 26.6%
The Market Outlook Report is published by the Power Transmission Distributors Association. The full report includes U.S. and Canadian manufacturer data for sales and order trends for mounted bearings, unmounted bearings, standard industrial motors, variable speed drives, positioning systems/linear motion products, gear products, clutches and brakes, shaft couplings and mechanical drive systems and other PT products.
Year-end data for 2009 and 2010 is available in a complete report. To purchase the year-end data, order online at www.ptda.org/store or call PTDA at +1.312.516.2100. PTDA members may download the report at no charge through the PTDA Web site at www.ptda.org/MOR.
Founded in 1960, the Power Transmission Distributors Association (PTDA) is the leading association for the industrial power transmission/motion control (PT/MC) distribution channel. A U.S.-based trade association, PTDA represents 187 power transmission/motion control distribution firms that generate more than $10 billion in sales and span 3,500 locations in North America and 11 other countries. PTDA members also include 188 manufacturers that supply the PT/MC industry.
PTDA is dedicated to providing exceptional networking, targeted education, relevant information and leading-edge business tools to help distributors and manufacturers meet marketplace demands competitively and profitably. For more information, visit www.ptda.org.
