Last updateFri, 19 Jul 2019 2pm


Trends & Forecasts

MDM Mid-Year Economic Update: Slowing Growth for 2019

valves ready for distributionThough 2018 represented a strong year of revenue growth in most sectors, the second half of 2019 will likely show a downshift. This would result in an overall economic slowdown for the year, according to Brian Lewandowski, associate director of the business research division of the Leeds School of Business at University of Colorado Boulder. Lewandowski presented a mid-year economic update for Modern Distribution Management (MDM), an information business providing resources to the wholesale distribution industry. He is a research partner with MDM.

Process Instrumentation and Automation Market to Grow at 4.4%

Process Instrumentation and Automation MarketThe process instrumentation and automation market in the United States, currently valued at $13.9 billion, is projected to grow at a compounded annual growth rate (CAGR) of 4.4% and reach a total of $17.3 billion in 2023, according to a market forecast published by the Measurement, Control & Automation Association (MCAA). The percentage increase over the five years is projected to be about 24%. The reported market value slightly exceeded the $13.6 billion projected for 2018 in the 2014 MCAA Market report.

Highlights from VMA’s 2019 Leadership Forum

John HillenValve industry executives gathered in Toronto last month to network, exchange ideas and learn about diverse topics relating to their leadership, including economic issues, digitization of enterprises and how to adapt as a leader in a changing organization.

VALVE Magazine: Readers’ Choice 2018

Happy New Year to our VALVE Magazine readers and contributors. Because our content is created exclusively for and by our own readers, it’s thanks to you that VALVE continues to provide valuable information on technical matters, standards updates and best business practices.

Hopefully, you’ve had time to peruse most of the features offered over the past year. In case you ran short of time, here is a great opportunity to catch up on the best of the best. Enjoy these, our Readers’ Choice 2018 articles from both the print edition and features created specifically for the web.

John Spears: Advisor to the “Oil Patch”

Many people in the valve industry recognize the name John Spears because he has been a featured speaker at VMA’s Market Outlook for many years. Attendees and those who read what VMA reports in VALVE Magazine and online rely on Spears thoughts on the oil and gas industry and where it’s headed to keep them up to date on “the oil patch,” the term he uses for the industry.

Few know, however, just how deep his roots lie.

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