Research and Markets: New Report Delivers Comprehensive Analysis of the Electric Drives Market in Discrete Industries in Central and Eastern Europe
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DUBLIN--(Business Wire)-- Research and Markets (http://www.researchandmarkets.com/research/730db7/electric_drives_ma) has announced the addition of Frost & Sullivan's new report "Electric Drives Market in Discrete Industries in Central and Eastern Europe" to their offering. This Frost & Sullivan research service titled Electric Drives Market in Discrete Industries in Central and Eastern Europe provides an overview of the current state of development in the emerging markets for electric drives in key countries of the region and examines the potential for growth in five discrete manufacturing industries. In this research, Frost & Sullivan's expert analysts thoroughly examine the following discrete industries: heating, ventilation and air conditioning (HVAC), material handling, machine tools, automotive and textiles and clothing. CEE Emerges as an Important Market for Electric Drives Suppliers The year 2007 emerged as another record-breaking year for suppliers of electric drives in central and eastern Europe (CEE). Discrete industries, such as HVAC and material handling, were the biggest contributors to the market in terms of revenue generation. Heightened understanding and acceptance of drive technology, accompanied by rising end-user focus on energy-efficient systems, continued to be the key drivers for growth. Focus to be Equally on Price, Quality, Technological Advances and After-sales Service The CEE market for electric drives in discrete industries is expanding. However, as industries are largely dependent on economic growth in the region, the electric drives market will be challenged by the changing economic conditions in CEE countries. In 2007, the market generated $105.0 million in revenues and demonstrated 8.7 per cent increase over revenues in 2006. Growth rates are expected to be influenced by the global financial turbulence, which has affected industries in the CEE as well. Moreover, the electric drives market in discrete industries in the CEE region is extremely price sensitive. The majority of local OEMs, especially in the HVAC and material handling industries, choose their supplier based on price. The prices of the drive components have also been growing recently, contributing to additional pressure on electric drive suppliers. Market Sectors Expert Frost & Sullivan analysts thoroughly examine the following application sectors in this research: * Heating, ventilation and air conditioning (HVAC) * Material handling * Machine tools * Automotive * Textiles and clothing Technologies The following technologies are covered in this research: * AC drives * DC drives * Servo drives Key Topics Covered: 1. Executive Summary 2. Industry Challenges 3. Forecasts for the Electric Drives Market in Discrete Industries in Central and Eastern Europe 4. Forecasts for the Electric Drives Market in the HVAC 5. Forecasts for the Electric Drives Market in the Material Handling Sector 6. Forecasts for the Electric Drives Market in the Machine Tools Sector 7. Forecasts for the Electric Drives Market in the Automotive Sector 8. Forecasts for the Electric Drives Market in the Textiles and Clothing Sector 9. Strategic Recommendations 10. About Frost & Sullivan For more information visit http://www.researchandmarkets.com/research/730db7/electric_drives_ma Research and Markets Laura Wood, Senior Manager, press@researchandmarkets.com U.S. Fax: 646-607-1907 Fax (outside U.S.): +353-1-481-1716 Copyright Business Wire 2009
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