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 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.
U.S.Manufacturer Percent Change in Product Sales
(2009 vs. 2010)
|
Product Standard Industrial Motors Shaft Couplings Unmounted Bearings Clutches & Brakes Mounted Bearings Mechanical Drive Systems & Other PT Products Gear Products Variable Speed Drives Positioning Systems/Linear Motion Product |
Percent Change 9.3 10.1 13.2 15.0 19.2 19.3 20.3 21.3 40.4 |
Canadian Manufacturer Percent Change in Product Sales
(2009 vs. 2010)
|
Product Shaft Couplings Unmounted Bearings Gear Products Mechanical Drive Systems & Other PT Products Positioning Systems/Linear Motion Products Clutches & Brakes Mounted Bearings Variable Speed Drives |
Percent Change -0.9 11.6 14.4 19.8 23.5 27.3 32.0 36.7 |
December Sales Results
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).
U.S. Manufacturer Percent Change in Product Sales
(November 2010 vs. December 2010)
|
Product Positioning Systems/Linear Motion Products Unmounted Bearings Mechanical Drive Systems and Other PT Products Clutches & Brakes Shaft Couplings Mounted Bearings Gear Products Variable Speed Drives Standard Industrial Motors |
Percent Change -12.5 -10.6 -5.5 -5.2 -5.2 2.1 3.6 4.2 4.8 |
Canadian Manufacturer Percent Change in Product Sales
(November 2010 vs. December 2010)
|
Product Clutches & Brakes Gear Products Shaft Couplings Unmounted Bearings Mounted Bearings Mechanical Drive Systems and Other PT Products Variable Speed Drives Positioning Systems/Linear Motion Products |
Percent Change -19.5 -17.1 -13.1 -10.2 -7.3 -7.0 19.4 26.6 |
The full Market Outlook Report is available at www.ptda.org/MOR.
