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           19 April, 2024

Category:  Press » Industry


Frost & Sullivan: Energy and Asian Markets Drive the Welding Industry out of Recession

         Views: 2250
2009-07-08 05:31:08     
Frost & Sullivan

The economic downturn has affected the global welding industry, particularly in Europe and the Americas. In response, market participants have been preparing for intense competition while concurrently trying to move toward regions and end user industries that offer potential growth opportunities during the downturn. Sectors like energy and fabrication remain strong across most regions, while APAC and Middle East generate higher demand for welding equipment and consumables. The increased intake of automated solutions can be attributed to a lack of welders.

"The global welding industry has been severely impacted by recession and its recovery hinges largely on regional demand and orders from end-users. High demand in the energy and fabrication industry as well as increasing order intakes from Asian economies already point to imminent improvement", states Archana Chauhan, Senior Research Analyst for Frost & Sullivan's Industrial Automation and Process Control group.

Frost & Sullivan is pleased to announce its 2009 quarterly analyst briefing presentation on the global welding market. The briefing is going to be held on Wednesday, 15 July 2009, at 14.00 BST.

Archana Chauhan will examine which strategies market participants should adopt in order to reverse the decline of the welding industry. The briefing includes regional analysis of the welding industry and offers perspective on how market participants should position themselves in a bottoming market.

This briefing will benefit welding equipment and consumables manufacturers, distributors and Original Equipment Manufacturers (OEMs) by providing a panoramic view of the recessionary trends in the welding industry and offering suggestions on how to grow in this environment.

To participate in the briefing, please email Joanna Lewandowska 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 e-mailed to you. You may also register to receive a recorded version of the briefing at anytime by submitting the aforementioned contact details.

About Frost & Sullivan

Frost & Sullivan, the Growth Partnership Company, enables clients to accelerate growth and achieve best in class positions in growth, innovation and leadership. The company's Growth Partnership Service provides the CEO and the CEO's Growth Team with disciplined research and best practice models to drive the generation, evaluation and implementation of powerful growth strategies. Frost & Sullivan leverages over 45 years of experience in partnering with Global 1000 companies, emerging businesses and the investment community from 35 offices on six continents.

Specialized in: Business Consulting - Growth Consulting - Market Analysis - Corporate Training - Business Consulting Firm - Frost - Frost And Sullivan - Frostcom - Industry Experts - Consultants - Market Analysts
URL: http://www.frost.com
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