A Survival Guide for Growth in the Central and Eastern European Welding Markets
PR Newswire Europe (November 18, 2008)LONDON, Nov 18, 2008 (PR Newswire Europe via COMTEX) -- Frost & Sullivan to Host Analyst Briefing on CEE Welding Market on Tuesday, 25 November 2008 at 15.00 GMT.
Frost & Sullivan will host a free telephone and web briefing on Tuesday, 25 November 2008 at 15.00 GMT to provide industry participants with an overview of CEE Welding Market.
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The Central and Eastern European welding market is currently in its growth stage. With the industrial activity moving in to Poland, Czech Republic, Hungary and Romania there is an increasing demand for the welding equipments and consumables. The demand for products like arc and laser welding are escalating and there is an increasing importance given for automation. There is also sufficient demand for the automotive industry and the construction industry, which is currently facing a big boom. With restructuring and reconstruction in several industries and in the several Eastern European regions, the revenues in the welding market are expected to rise.
Apart from introducing new and automated technologies the market participants have to provide high quality equipments with product differentiation to maintain a competitive edge over the others. Their distribution channel should be very strong and they should have a very high penetration rate in the different CEE regions.
This briefing is based upon analysis of CEE Welding Market. Highlights of the briefing include the product trends in the welding equipment market and consumables market, the geographic trends in the Central and Eastern European regions and the end user market analysis.
The briefing would benefit the welding equipment and consumables manufacturers, distributors, and also OEMs who would be getting a bird's eye view of the major trends in the Central and Eastern European market.
"The shift of the industrial activities to the Central and Eastern European regions is driving the demand for welding equipments and consumables. But there is more to this growth in the welding market as it faces high demand from construction, automotive and the power sectors in the CEE region," observes Archana Chauhan, Senior Research Analyst for Frost & Sullivan Industry & Process Control group. "Automation is yet another indicator for the increasing usage of sophisticated equipments. However this growth is interrupted by restraining factors like the lack of shipbuilding orders, declining demand for the manual welding equipment etc.," adds Archana. According to the Analyst, the market faces a significant growth at the product, regional and the end user level. In comparison to the Western European welding market the CEE market is in its growth stage and impressive demand from the construction and the energy sector are expected to drive the market over the years.
To participate in the briefing, please e-mail Joanna Lewandowska at joanna.lewandowska@frost.com with the following information: your full name, company name, title, telephone number, e-mail address, city, state and country. Upon receipt of the above information, a registration link will be emailed to you. You may also register to receive a recorded version of the briefing at anytime by submitting the aforementioned contact details.
Frost & Sullivan, the Growth Partnership Company, partners with clients to accelerate their growth. The company's TEAM Research, Growth Consulting and Growth Team Membership(TM) empower clients to create a growth-focused culture that generates, evaluates and implements effective growth strategies. Frost & Sullivan employs over 45 years of experience in partnering with Global 1000 companies, emerging businesses and the investment community from more than 30 offices on six continents. For more information about Frost & Sullivan's Growth Partnerships, visit http://www.frost.com.
CONTACT:
Joanna Lewandowska
Corporate Communications
P: +48-22-390-41-46
E: joanna.lewandowska@frost.com
http://www.frost.com
CONTACT: Joanna Lewandowska, Corporate Communications of Frost & Sullivan,
+48-22-390-41-46, joanna.lewandowska@frost.com. Photo: NewsCom:
http://www.newscom.com/cgi-bin/prnh/20081117/FSLOGO
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