LONDON, July 3 /PRNewswire/ --     The European laser cutting equipment market is currently
experiencing low but steady growth, with much of the demand arising from end
users' growing focus on incorporating greater automation into their
production facilities and providing high-quality products. This is leading
them to choose more reliable and flexible laser cutting solutions that can be
adapted to automation to address quality and production issues.

New analysis from Frost & Sullivan 
(http://www.industrialautomation.frost.com), European Laser Cutting Equipment
Market, reveals that this market earned revenues of US$344.8 million in 2006
and estimates this to reach US$577.6 million in 2013.

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 European Laser Cutting Equipment Market, then send an
e-mail to Joanna Lewandowska, Corporate Communications, at
joanna.lewandowska@frost.com with your full name, company name, title,
telephone number, fax number and e-mail address. Upon receipt of the above
information, an overview will be sent to you by e-mail.

"A growing number of end users are concentrating on enhancing
the quality of their output and are starting to realise the value of using
technically advanced equipment to carry this out," says Frost & Sullivan
Research Analyst Karthik Parthasarathy. "Consumer demand for quality leads to
growth in demand for equally sophisticated equipment to meet these
requirements."

Equipment manufacturers are attempting to meet end-user demand
with more flexible and adaptable cutting solutions rather than providing
stand-alone systems. Despite the high initial investment required to purchase
these solutions, customers are beginning to purchase them as their higher
efficiency could lead to significant future savings.

Perhaps the biggest driver of this market is the immense
potential of the eastern European region. This region is fast becoming a
manufacturing hub due to the increase in investment from outside the region,
combined with government funding. Attracted by the many subsidies on offer, a
growing number of companies are setting up manufacturing facilities in
Eastern Europe, and this augurs well for the adoption of advanced equipment
such as laser cutting systems.

However, several factors are holding back investment at
present including perceived high prices, lack of awareness about the
compelling advantages of using alternative technology, concerns about product
design and its ability to meet the varied needs of different end-user
applications. Manufacturers face the challenge of educating end users on the
new technical developments taking place to promote the long-term potential of
these systems.

"Many large multinational companies have started imparting
product knowledge to end users through demonstrations, seminars and in-house
product launch events," says Parthasarathy. "Companies are also taking steps
to maintain end-user interest in laser cutting with improvements in product
design and wider applications."

European Laser Cutting Equipment Market, part of the
Industrial Automation and Process Control Growth Partnership Service program,
provides a comprehensive analysis of this market including major drivers,
restraints and trends, market share, revenues and competitive structure. It
also examines the key trends prevailing in the various geographic regions and
discusses the growth potential of each of them. Interviews with the press are
available.

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.

European Laser Cutting Equipment Market

M0C2-10

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