London, United Kingdom, January, 2013 –(PR.com)– TechNavio launched its report, Global Seal and Gasket Market 2011-2015, based on an in-depth analysis covering the Americas, and the EMEA and APAC regions. The report aims to aid decision makers’ understanding of the significant trends impacting this market.
Commenting on the report, an analyst from TechNavio’s Engineering team said: “The increasing adoption of on-board condition monitoring with advanced support systems is one of the emerging trends in the Global Seal and Gasket market. On-board condition monitoring helps mitigate the risk of unexpected seal failure, and thus reduces the expense of unwanted maintenance of the equipment and production loss. Condition monitoring with advanced support systems closely focuses on the engineering equipment’s performance and sends an alarm to the operator, signaling low performance, before the complete breakdown of the equipment.”
According to the report, across the globe, the need to enhance engineering equipment’s performance is one of the major drivers in the Global Seal and Gasket market. End-users across various industries are focusing to improve the overall performance of engineering equipment to minimize operational and maintenance overheads. Seals and gaskets help end-users reduce the downtime of the equipment. They protect the equipment by providing a perfect fit to two mating surfaces and protecting foreign particles, for instance dust, from entering the equipment.
Further, the report reveals that the increasing price of raw materials is one of the major challenges confronting the Global Seal and Gasket market.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. For further information on this report, please visit http://www.technavio.com/content/global-seal-and-gasket-market-2011-2015.
TechNavio, the market research platform of Infiniti Research Ltd, publishes periodic market research reports on niche and emerging technologies. For more information on our Engineering market research, please visit http://www.technavio.com/engineering-software