HispanicBusiness

PALO ALTO, Calif., May 1 /PRNewswire/ -- More advanced welding technologies are going to increase market penetration and growth in the long term, mainly due to market knowledge spreading across customers in the region. Additionally, better economic conditions help end users to invest on high-tech equipment.

New analysis from Frost & Sullivan (http://www.industrialautomation.frost.com/ ), Latin America Metallic Welding Equipment and Consumables Market, reveals that the market earned revenues of $980 million in 2004 and estimates to reach $1.3 billion in 2011.

If you are interested in a virtual brochure, which provides manufacturers, end-users, and other industry participants with an overview of the latest analysis of the Latin America Metallic Welding Equipment and Consumables Market then send an e-mail to Tori Foster - Corporate Communications at tori.foster@frost.com with the following information: your full name, company name, title, telephone number, e-mail address, city, state and country. We will send you the information via email upon receipt of the above information.

"Concrete opportunities for penetration and growth in the long term lie in more advanced welding technologies, such as laser welding and welding robots," says Frost & Sullivan Research Analyst Maria Gabriela Figueroa. "Nonetheless, it will take many years before these technologies are adopted on the scale that justifies serious attention or has a significant impact on the market as a whole."

Few firms offer advanced welding techniques locally. In those segments, quality plays the main factor role, leaving price as a secondary factor. Moreover, market opportunities in the more staple segments, such as arc or resistance welding, are limited in both volume terms and in the scope for premium pricing or sustaining healthy margins.

As most regional welding markets are in some ways limited to grow, it is relevant for firms to broaden their vision of the business and start considering opening their scope on a regional basis. The main welding applications per country are always only two on average and their growth is what drives growth in the welding market. The growth is mainly a product of economic growth that is generally not sustained across time. Furthermore, consumers are becoming more aware of the advantages of high-tech welding equipment while increasing their purchasing power in many countries. At the same time, they are also being more demanding in terms of quality of products and services offered.

"On the welding supply side, companies must be more aware of current consumers' needs, focusing on the most wanted technologies and also offering clients complete post sale services as a means to improve quality of their overall service," says Figueroa. "As the regional market becomes more mature, quality considerations gain weight relative to price, as well as high technologies increase their share. Only those firms ahead of these changes will profit from real gains in terms of market participation and growth."

It is of utmost importance that welding companies, especially those that have a good local performance in a particular country, rethink their strategy and either broaden their supply by offering additional welding technologies, or broaden their presence in the region. Those are two key ways of successfully growing in the medium to long term.

Latin America Metallic Welding Equipment and Consumables Market provides an overview and outlook for the market. This study has been segmented into metallic and gas consumables, arc-welding equipment, resistance welding equipment, gas welding equipment, laser welding equipment and welding robots. This research includes detailed market opportunities and industry trends that have been evaluated following extensive interviews with market participants. Interviews are available to the press.

Frost & Sullivan, a global growth consulting company, has been partnering with clients to support the development of innovative strategies for more than 40 years. The company's industry expertise integrates growth consulting, growth partnership services, and corporate management training to identify and develop opportunities. Frost & Sullivan serves an extensive clientele that includes Global 1000 companies, emerging companies, and the investment community by providing comprehensive industry coverage that reflects a unique global perspective and combines ongoing analysis of markets, technologies, econometrics, and demographics. For more information, visit http://www.frost.com/ .

Latin America Metallic Welding Equipment and Consumables Market F313-10 Contact: Tori Foster Corporate Communications - North America P: 210.477.8448 F: 210.348.1003 E: tori.foster@frost.com Magdalena Oberland Corporate Communications - Europe P: +44 (0) 20 7915 7876 F: +44 (0) 20 7730 3343 E: magdalena.oberland@frost.com Donna Jeremiah Corporate Communications - Asia Pacific P: +603 6304 5832 F: +603 6201 7402 E: djeremiah@frost.com http://www.frost.com/

Keywords in this release: Latin America, Industrial, Automation, Research, Welding, Consumables, Metallic, Gas, Arc-welding, Resistance, Laser, Robots. Frost & Sullivan

Web site: http://www.frost.com/http://www.industrialautomation.frost.com/