WIN - Highlights of industrial sectors in Turkey

InterviewSouth-East European INDUSTRIAL Мarket - issue 5/2006

Automation: In Turkey there are many industries with high volume production. The trend towards rationalization and plant optimization creates a pent-up demand for high level automation systems. Turkey is a large unsaturated market for automation systems and offers significant opportunities for foreign suppliers and investors.

•Electro-Technology: Although the electronics sector in Turkey is still small, its dynamism will lead to a enormous future expansion.
Due to the significant economic growth, the demand for power generation capacity increases tremendously. The privatization of the energy market and the essential upgrades of capacities in the energy sector will lead to billions of dollars in investment in the near future.

•Hydraulic and Pneumatic: The Hydraulic and Pneumatic sector serves almost all industries, providing efficiency through the strength of fluid power. The high number of imports in this sector offers immense investments and sales opportunities for foreign companies.

•Surface Treatment: It has become one of the most dynamic sectors of the Turkish chemical industry due to the positive developments of the textiles, automotive and construction sectors. However, domestic production does not meet the increasing demand. Imports of colorants, tanning agents and colors are steadily increasing, offering a huge potential for importers.

•Material Handling: The favorable increase of Turkey’s trade flows fosters the constantly increasing demand for material handlings equipment. Although the logistic sector in Turkey is still small, it has a huge potential. Experts believe that it will triple in size until 2015 leading to a growing demand in material handling, storage and packaging equipment.

•Welding, Cutting & Joining: To increase their competitive edge, Turkish and Eurasian enterprises rely on imported welding, cutting and joining solutions. Turkey’s industrial and trade free zones provide cost-effective production facilities and operations are actively seeking the latest technology.

•Machinery: The Turkish machinery industry consists of various sub sectors. Electrical machineries and equipment are the driver of the sector. However, the mechanical machinery sector heavily relies on imports. A central geographical location and low labor and energy costs offer interesting possibilities for foreign investors with sophisticated machinery to establish partnership.