Energia
Seal Manufacturers to Enjoy Greater Growth Opportunities by Offering Diagnostic Solutions
"Both leading participants and smaller companies are developing and launching software- and ( )-based solutions to leverage the growing requirement for and ," said "This will encourage companies to develop an analytics strategy as well as level the playing field for smaller participants with innovative solutions."
Frost & Sullivan's recent analysis, , assesses whether the existing competitors are structured to meet customer needs. It examines the markets for , , and in the regions of , , , , and the .
" Asia-Pacific will continue to be the fastest-growing region due to rapid urbanization in countries such as and . Meanwhile, refinery closures in Europe and Asian countries such as have shifted the market's focus toward the Middle East and Africa ," noted Gnanamoorthy. "Countries such as , , , , and the ( ) will be key investment destinations as they diversify from the upstream segment."
To stay relevant in a shifting market, mechanical seals manufacturers will be specifically targeting growth opportunities presented by:
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Kristi Cekani
Corporate Communications - Frost & Sullivan, Europe
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