The European-wide electricals boom is over, after two years of strong growth in 2006 and 2007, market conditions have steadily deteriorated over the past year. The market has been impacted by a torrent of bad economic news with the largest western European markets some of the worst hit. Adding to the economic woes, the technology pipeline which was so instrumental in driving the market over the past few years is now starting to dry up. For 2008 Verdict forecasts that the European electricals market will decline in value by 1.5% with the worst still to come in 2009. European Electricals Retailers 2008 is a new report published by Verdict Research that provides five years of European electricals market data and details the key drivers and trends shaping this sector across Europe. This report analyses key operating statistics for all the leading players to provide a proprietary benchmark of the leading European electricals retailers.
Published: January 2009 - Europe. |
