replacement demand


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replacement demand

[ri′plās·mənt di‚mand]
(engineering)
A demand representing replacement of items consumed or worn out.
References in periodicals archive ?
1) Sales of buses in fiscal 2018 should total 13,600 units, a decline of 9.2% from fiscal 2017, attributable to low replacement demand and the severe driver shortage, among other factors.
During the quarter, medium commercial vehicle units continued growth trajectory with a volume growth of 35.3 per cent year on year and 8.7 per cent quarter on quarter on the back of the continued replacement demand, moderate pre- buying and better profitability of the freight operators.
The highly mature global heat exchangers market is set to thrive on replacement demand coming from frequent upgrades and incremental technology improvements.
There are job openings in the behavioral health field, but half of those openings occur because someone retired or left the field--what AHP calls "replacement demand." What is needed are job openings that occur by new job growth, according to AHP.
"Stronger employment and income growth, the recovery in new light vehicle sales, fewer financing subsidies from vehicle manufacturers and growing replacement demand due to an aging vehicle fleet, just to name a few," said Colby in CUNA Mutual's May Credit Union Trends Report, which tracked data through March.
So it is also the first to witness replacement demand picking up speed."The entire country is looking forward to the results of the ongoing elections, and many buyers of automobiles have deferred from making purchases just to get a better outlook of the economy.
A sharp fall in rubber prices in the past few months and high replacement demand have ensured stellar gains for both tyre companies and their investors.
"Their analysis shows maybe a net job growth of maybe 4,000 in the next 10 years but replacement demand is about 460,000 over that time, a massive gap, and and we're talking higher level jobs, in technical and professional, semi-professional jobs in skilled occupations."
According to Deepa Doraiswamy, Industry Manager, Electronics and Security Practice, Frost and Sullivan, "Availability of easy finance options, enhanced purchasing power, and obsolescence of technology (earlier CRT and LCD in the near future) creating a huge replacement demand, are some of the triggers for rapid growth in the FPD TV market in India.
Japan's top mobile phone carrier's May discount campaign on Sony Mobile's Xperia A and Samsung's Galaxy S4 helped to spur replacement demand but did not lead to an increase in new signups.
[UKPRwire, Wed Jun 26 2013] Similar to 2011, footwear in China witnessed stable retail volume growth of 7% in 2012, largely due to the rigid replacement demand combined with demand for better products.
He also noted strong replacement demand for airplanes in the United States, Europe and Russia, and said the spread of low-cost carriers was a good sign for aircraft purchases.
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