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Article: India: PTC ASIA Asias largest trade show for power transmission and ...
- Article from:
- TendersInfo
- Article date:
- August 12, 2008
CopyrightCOPYRIGHT 2008 Al Bawaba (Middle East) Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: shiv03
Shanghai/Hannover. Power transmission technology has a determining impact on the quality of almost all types of machinery. It is also an essential component in automation systems. Thanks to the boom in factory automation in the newly industrializing economies, the power transmission sector has grown rapidly in recent years. According to the German Engineering Federation (VDMA), Germany leads the international league table with a market share of 26 percent, followed by Japan (11.8 percent), Italy (8.2 percent), the USA (7.4 percent) and China (7.1 percent). Total power transmission exports amounted to 41.4 billion ( USD 62 B ) in 2007.
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