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(Construction.IndustryNews247.Com, November 13, 2018 ) Hoses and belting manufacturing companies are collecting, processing and measuring data to improve process efficiency and productivity. Technologies include electronic devices that connect through internet and display process information on dashboards. Predictive maintenance technology predicts snags and defects and thus significantly reduces downtime and costs.
THE BUSINESS RESEARCH COMPANY VALUED THE HOSES AND BELTING MANUFACTURING MARKET AT $108 BILLION IN 2017
Asia Pacific was the largest geographic region in the market, accounting for nearly half of the global market.
Order the report at: https://www.thebusinessresearchcompany.com/report/hoses-and-belting-manufacturing-global-market-report-2018
According to The Business Research Company’s Consultant, Nitin Gianchandani, manufacturing companies are integrating with big data and, IoT technologies for preventive maintenance. IoT enable manufacturers to realize digital transformations from several perspectives like efficiency, automation, customer-centricity, competitive benefits and the advantages which are offered by using data across the manufacturing value chain and to tap into new revenue sources, a key aspect of digital transformation in manufacturing.
Download a sample of the report at: https://www.thebusinessresearchcompany.com/sample.aspx?id=139&type=smp
Eaton was the biggest player in the hoses and belting manufacturing market, with revenues exceeding $20 billion in 2016. Eaton’s strategy aims at bringing additional focus to organic growth, margin expansion and capital deployment. They plan to capitalize on technology differentiation, leverage their channel and service strengths and deliver superior value for customers. Eaton has made 28 other acquisitions in the electrical business since 1990, including Phoenixes, Moeller, Delta Electrical and Power ware.
The hoses and belting manufacturing industry comprises establishments primarily engaged in manufacturing rubber hose and/or plastics (reinforced) hose and belting from natural and synthetic rubber and/or plastics resins. The industry manufactures products such as automotive v-belts, hydraulic hoses and belts for conveyers.
Hoses And Belting Manufacturing Global Market Report 2018 is a detailed report giving a unique insight into this market. The report is priced at $4000 for an individual user. To use across your office, the price is $6000 and $8000 if you wish to use across a multinational company.
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The Business Research Company is a market research and intelligence company, which excels in company, market and consumer research.
It has research professionals at its offices in the UK, India and the US as well a network of trained researchers globally. It has specialist consultants in a wide range of industries including manufacturing, healthcare, chemicals and technology.
The Business Research Company's management has more than 20 years of varied business research experience. They have delivered hundreds of research projects to the senior management of some of the world's largest organizations.
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Source: EmailWire.Com 
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