MRO Magazine

March sees more growth in power transmission/motion control market

Chicago, IL -- The Power Transmission Distributors Association (PTDA) March 2006 trend data for distributors and ma...


Industry

May 8, 2006
By MRO Magazine
MRO Magazine

Chicago, IL — The Power Transmission Distributors Association (PTDA) March 2006 trend data for distributors and manufacturers of power transmission/motion control (PT/MC) products shows continuing growth in this market segment in both Canada and the United States.

Canadian distributors’ year-to-date sales of PT/MC products grew 11.5% as compared to sales for February through March 2005. Sales were up 6.9% over the previous month and increased 11.2% as compared to March 2005.

Days sales in accounts receivables increased 0.5% over February 2006, but were down 0.8% as compared to the same month last year. Annualized sales to inventory ratio in March was 8.8, compared to 8.2 in 2005.

For March, the confidence level of Canadian distributors remained flat at 6.8 on a 10-point scale.

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In March, U.S. distributors’ year-to-date sales of PT/MC products rose 11.7% as compared to sales for February through March 2005. Sales increased 3.9% over the previous month and were up 12.6% as compared to March 2005.

Days sales in accounts receivables increased 0.7% as compared over February 2006, but were down 3.3% as compared to the same month last year. Annualized sales to inventory ratio in March was 9.4, compared to 9.2 in 2005.

For March, the confidence level of U.S. distributors rose to 7.3 from 7.0 in February on a 10-point scale.

Canadian manufacturers’ year-to-date sales of PT/MC products increased 5.9% as compared to sales for February through March in 2005. Sales grew 3.5% over the previous and were up 7.6% as compared to March 2005. As compared to February, sales of mounted bearings, unmounted bearings, mechanical drive systems and other PT products, clutches and brakes, and shaft couplings increased. Sales of standard industrial motors, variable speed drives, positioning systems/linear motion products and gear products decreased.

Annualized sales to inventory ratio in March was 8.6, compared to 7.7 in 2005.

For March, the confidence level of Canadian manufacturers fell to 5.1 from 5.2 in February on a 10-point scale.

In March, U.S. manufacturers’ year-to-date sales of PT/MC products grew 10.2% as compared to sales for February through March 2005. Sales were up 4.4% over the previous month and increased 9.4% as compared to March 2005. As compared to February, sales of mounted bearings, unmounted bearings, standard industrial motors, variable speed drives, positioning system/linear motion products, gear products, mechanical drive systems and other PT products, clutches and brakes, and shaft couplings increased.

Year-to-date orders of PT/MC products from U.S. manufacturers grew 9.6% as compared to 2005. March orders decreased 9.4% over February, but were up 5.4% as compared to March 2005. Annualized sales to inventory ratio in March was 10.3, compared to 10.2 in 2005.

For March, the confidence level of U.S. manufacturers rose to 5.7 in March from 5.6 in February on a 10-point scale.

The full Market Outlook Report, published monthly by the PTDA, includes month-to- month and year-to-year changes in sales, inventory and accounts receivables data for U.S. and Canadian distributors, as well as a general confidence index. U.S. and Canadian manufacturer data includes a confidence index, as well as sales and order trends for mounted bearings, unmounted bearings, standard industrial motors, variable speed drives, positioning systems/linear motion products, gear products, mechanical drive systems and other PT products, clutches and breaks, and shaft couplings.

The report is available by calling 312-516-2100 or may be ordered online at www.ptda.org/store.

PTDA is a U.S.-based trade association that represents 218 power transmission/motion control distributor firms with almost 3,500 locations throughout North America and 13 other countries, as well as 197 manufacturers that supply the PT/MC industry. For more information, visit www.ptda.org.