Meggitt

Machine Condition Monitoring Market to Reach $5.2 Billion by 2029 - Market Size, Share, Forecasts, & Trends Analysis Report with COVID-19 Impact by Meticulous Research®

Retrieved on: 
Monday, December 5, 2022

Based on monitoring process, the global machine condition monitoring market is segmented into online monitoring and portable monitoring.

Key Points: 
  • Based on monitoring process, the global machine condition monitoring market is segmented into online monitoring and portable monitoring.
  • In 2022, the online monitoring segment is expected to account for the larger share of the machine condition monitoring market.
  • Based on monitoring technique, the global machine condition monitoring market is segmented into vibration monitoring, corrosion monitoring, thermography, oil analysis, ultrasound monitoring, and other monitoring techniques such as motor current analysis and pressure monitoring.
  • In 2022, the vibration monitoring segment is expected to account for the largest share of the machine condition monitoring market.

Machine Condition Monitoring Market to Reach $5.2 Billion by 2029 - Market Size, Share, Forecasts, & Trends Analysis Report with COVID-19 Impact by Meticulous Research®

Retrieved on: 
Monday, December 5, 2022

Based on monitoring process, the global machine condition monitoring market is segmented into online monitoring and portable monitoring.

Key Points: 
  • Based on monitoring process, the global machine condition monitoring market is segmented into online monitoring and portable monitoring.
  • In 2022, the online monitoring segment is expected to account for the larger share of the machine condition monitoring market.
  • Based on monitoring technique, the global machine condition monitoring market is segmented into vibration monitoring, corrosion monitoring, thermography, oil analysis, ultrasound monitoring, and other monitoring techniques such as motor current analysis and pressure monitoring.
  • In 2022, the vibration monitoring segment is expected to account for the largest share of the machine condition monitoring market.

Parker Elects Jennifer A. Parmentier as Chief Executive Officer and Andrew D. Ross as Chief Operating Officer, Effective January 1, 2023

Retrieved on: 
Wednesday, October 26, 2022

CLEVELAND, Oct. 26, 2022 (GLOBE NEWSWIRE) -- Parker Hannifin Corporation (NYSE:PH), the global leader in motion and control technologies, today announced that its Board of Directors has elected Jennifer A. Parmentier as Chief Executive Officer and Andrew D. Ross as Chief Operating Officer, each effective January 1, 2023.

Key Points: 
  • CLEVELAND, Oct. 26, 2022 (GLOBE NEWSWIRE) -- Parker Hannifin Corporation (NYSE:PH), the global leader in motion and control technologies, today announced that its Board of Directors has elected Jennifer A. Parmentier as Chief Executive Officer and Andrew D. Ross as Chief Operating Officer, each effective January 1, 2023.
  • Parmentier will succeed Thomas L. Williams as Chief Executive Officer and will report to the Board of Directors.Williams hasserved as Chief Executive Officer since 2015 and Chairman of the Board since 2016.
  • Ross will succeed Parmentier as Chief Operating Officer, reporting to Lee Banks, who remains Vice Chairman and President.
  • Parmentier became Chief Operating Officer in 2021 with responsibility for all of Parkers operating groups.

Parker to Discuss Acquisition of Meggitt and its Effect on Guidance on September 28; Conference Call and Webcast Scheduled for 11:00 a.m. Eastern

Retrieved on: 
Wednesday, September 21, 2022

The conference call will be webcast simultaneously on Parker's investor information website at www.phstock.com with an accompanying slide presentation.

Key Points: 
  • The conference call will be webcast simultaneously on Parker's investor information website at www.phstock.com with an accompanying slide presentation.
  • The webcast will be archived on the site and available for replay later that day.
  • Parker Hannifin is a Fortune 250 global leader in motion and control technologies.
  • For more than a century the company has been enabling engineering breakthroughs that lead to a better tomorrow.

Aircraft Sensors Market worth $7.0 billion by 2027 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Wednesday, September 21, 2022

CHICAGO, Sept. 21, 2022 /PRNewswire/ -- Aircraft Sensors Market is projected to grow from USD 4.7 billion in 2022 to USD 7.0 billion by 2027, at a CAGR of 8.3% during the forecast period, according to a new report by MarketsandMarkets.

Key Points: 
  • CHICAGO, Sept. 21, 2022 /PRNewswire/ -- Aircraft Sensors Market is projected to grow from USD 4.7 billion in 2022 to USD 7.0 billion by 2027, at a CAGR of 8.3% during the forecast period, according to a new report by MarketsandMarkets.
  • The AAM Segment is estimated to lead the aircraft sensors market in forecast period.
  • Based on aircraft type, the AAM segment of the aircraft sensors market is accounted for the largest share during the forecast period.
  • These platforms require a network of sensors that will cater to autonomous flight, flight stability, battery system management, etc.

Aircraft Sensors Market worth $7.0 billion by 2027 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Wednesday, September 21, 2022

CHICAGO, Sept. 21, 2022 /PRNewswire/ -- Aircraft Sensors Market is projected to grow from USD 4.7 billion in 2022 to USD 7.0 billion by 2027, at a CAGR of 8.3% during the forecast period, according to a new report by MarketsandMarkets.

Key Points: 
  • CHICAGO, Sept. 21, 2022 /PRNewswire/ -- Aircraft Sensors Market is projected to grow from USD 4.7 billion in 2022 to USD 7.0 billion by 2027, at a CAGR of 8.3% during the forecast period, according to a new report by MarketsandMarkets.
  • The AAM Segment is estimated to lead the aircraft sensors market in forecast period.
  • Based on aircraft type, the AAM segment of the aircraft sensors market is accounted for the largest share during the forecast period.
  • These platforms require a network of sensors that will cater to autonomous flight, flight stability, battery system management, etc.

Parker Completes Sale of Aircraft Wheel and Brake Division to Kaman

Retrieved on: 
Monday, September 19, 2022

Kaman, headquartered in Bloomfield, Connecticut, is a leading manufacturer of components and materials for aerospace and defense, industrial and medical markets.

Key Points: 
  • Kaman, headquartered in Bloomfield, Connecticut, is a leading manufacturer of components and materials for aerospace and defense, industrial and medical markets.
  • As previously announced, the European Commission cleared Parkers acquisition of Meggitt PLC (Meggitt), conditional on full compliance with the commitments offered by Parker, including the divestment of Parkers Aircraft Wheel and Brake Division.
  • Parkers Aircraft Wheel and Brake Division is a leading manufacturer of aircraft wheel and brake systems and related hydraulic products for general aviation, business aviation, rotorcraft, and military aircraft markets with annual sales of approximately $70 million.
  • Kaman is a strategic buyer for the Aircraft Wheel & Brake Division, said Roger Sherrard, Vice President and President of Parker's Aerospace Group.

Form 8.3 - The Vanguard Group, Inc.: Meggitt plc

Retrieved on: 
Tuesday, September 13, 2022

Form 8.3 - The Vanguard Group, Inc.: Meggitt plc

Key Points: 
  • Form 8.3 - The Vanguard Group, Inc.: Meggitt plc
    Dissemination of a Regulatory Announcement, transmitted by EQS Group.
  • The issuer is solely responsible for the content of this announcement.
  • (a) Full name of discloser:
    (b) Owner or controller of interests and short positions disclosed, if different from 1(a):
    The naming of nominee or vehicle companies is insufficient.
  • For a trust, the trustee(s), settlor and beneficiaries must be named.

Parker Completes Acquisition of Meggitt PLC

Retrieved on: 
Tuesday, September 13, 2022

This acquisition continues the transformation of Parkers portfolio with greater exposure to longer cycle, more resilient businesses that are well positioned for secular growth trends.

Key Points: 
  • This acquisition continues the transformation of Parkers portfolio with greater exposure to longer cycle, more resilient businesses that are well positioned for secular growth trends.
  • Roger Sherrard, President of Parkers Aerospace Group, added, Parker has great respect for Meggitt, its heritage and its place in British industry.
  • The combination of Parker and Meggitt is exciting for both companies and provides our customers with a broad array of solutions for the global aerospace industry.
  • NOTICE OF CONFERENCE CALL: Parker Hannifin will host a conference call and slide presentation to discuss its acquisition of Meggitt PLC and its impact on its fiscal 2023 financial outlook via live webcast on September 28, 2022 at 11:00 a.m.

Form 8.3 - The Vanguard Group, Inc.: Meggitt plc

Retrieved on: 
Monday, September 12, 2022

Form 8.3 - The Vanguard Group, Inc.: Meggitt plc

Key Points: 
  • Form 8.3 - The Vanguard Group, Inc.: Meggitt plc
    Dissemination of a Regulatory Announcement, transmitted by EQS Group.
  • The issuer is solely responsible for the content of this announcement.
  • (a) Full name of discloser:
    (b) Owner or controller of interests and short positions disclosed, if different from 1(a):
    The naming of nominee or vehicle companies is insufficient.
  • For a trust, the trustee(s), settlor and beneficiaries must be named.