Frost & Sullivan and National Fluid Power Association Offer NFPA Members Detailed Market Research Series
SAN ANTONIO--Feb. 26, 2002--Frost & Sullivan, a leading provider of strategic market consulting and training services, announced today an agreement with the National Fluid Power Association (NFPA), a trade association for hydraulic and pneumatic products and systems.Through this unique relationship, members of NFPA will have extensive access to Frost & Sullivan's in-depth industry insights and expert strategic analyses for pneumatic component and equipment markets.
Frost & Sullivan conducts first-hand market research and produces targeted studies that identify technology developments, track pricing trends and assess competitive initiatives. Frost & Sullivan's industry experts provide accurate revenue forecasts for specific product segments in a variety of geographical markets.
"The alliance with Frost & Sullivan will enable NFPA to provide in-depth information on the pneumatic markets and increase our value-added service offerings to our members," says Linda Western, executive director of NFPA.
"This research series takes a unique look at traditional and emerging markets from a component-by-component standpoint. The new service represents NFPA's continued commitment to enhance the value of association membership for pneumatic manufacturers," according to Western.
Frost & Sullivan's Vice President of Industrial Development, Sandeep Maheshwari, adds that the relationship will also help Frost & Sullivan deepen its own industry involvement.
"This is an important opportunity for Frost & Sullivan as well," says Maheshwari. "We are dedicated to working with industry participants at the 'grass roots' level. Through our agreement with NFPA, we will be able to establish even stronger ties to manufacturers and distributors."
"We're confident that our market analyses and strategic recommendations will enable industry participants to realize their full market potential," says Maheshwari.
Frost & Sullivan and NFPA will hold a conference call at 11:00 a.m. (EST)/ 8:00 a.m. (PST) on March 6, 2002 in order to provide members of NFPA an overview, summary, challenges and the latest coverage on the pneumatic industry.
About Frost & Sullivan
Frost & Sullivan (www.frost.com) is a global leader in strategic market consulting and training with research centers across North America, Europe, Latin America and Asia. Frost & Sullivan offers custom consulting and subscription services to a variety of national and international firms, from Fortune 500 companies to start-ups.
About the National Fluid Power Association (NFPA)
NFPA (www.nfpa.com) is a trade association of 245 U.S. and multinational manufacturers of hydraulic and pneumatic products and systems. Fluid power products make use of a liquid (in hydraulics) or a gas (pneumatic) to provide power transmission and motion controls for industrial and mobile machinery of all types.