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August 11, 2020
Over the past two decades, Peru has become one of Latin America’s fastest growing and most macro-economically stable nations. Solid economic management, prudent fiscal policies and openness to trade have enabled Peru to not only reduce poverty from over 50% to less than 23% in less than 10 years but also to become one of the region´s most dynamic business environments.
The downside to Peru’s strong and enviable economic growth over the past two decades has been the explosion of social conflicts, which sometimes result in violence. Increased investment in oil, mining, and natural gas projects has encountered opposition from indigenous communities due to the resulting environmental degradation and social impact.
The demand for residential, industrial, and office security equipment continues strong in Peru. Public opinion polls across the country acknowledge that people have a relatively high sense of insecurity, with many people having been a victim of robberies or home break-ins. Government agencies, private companies and households invest in a broad range of security equipment and solutions to mitigate security threats.
This report looks at emerging trends and opportunities for Virginia companies to provide Port, Personal, and Cybersecurity solutions in Peru, as well as list of tips to consider as companies prepare their market entry strategy for Peru.
August 11, 2020
Mexico is now the 8th largest producer of manufactured goods the world, and manufacturing is nearly one-fifth of its national productivity. Many parts of Mexico have been transformed completely.
This report presents a set of needs, challenges and requirements that match well with a range of capabilities offered by Virginia exporters. Virginia’s service experience with IT, data and process management, and training and education are particular strengths that can complement Mexican manufacturing, as are certain specialized manufacturing processes and materials. Many more Virginia companies offer expertise in logistics and security.
Additionally, the report provides a "close-up" on aerospace manufacturing, and information on North American integration highlighting both USMCA and anticipated recalibration of global supply chains in favor of the Western Hemisphere .
August 3, 2020
Europe’s ICT sector has grown significantly over the past 5 years, where other global tech sectors have stagnated. Europe’s ICT imports in 2019 were valued at 338 billion Euros, up 20 billion Euros from 2018. Consumers are driving innovation from major tech companies, and European consumers are globally viewed as early adopters of tech.
COVID-19 is set to have an impact on ICT revenue in Europe, however, scenarios still predicts growth in 2020. The pandemic is creating new opportunities for cloud service vendors who have seen an increase in demand across the region. The pandemic is the unexpected catalyst for tech adoption, as COVID-19 sees a range of changing consumer behavior (more online shopping, digital payments, distance learning, and tele-health).
This report further examines the following ICT sub-sectors in Europe:
- Artificial Intelligence (AI)
- Internet of Things (IoT)
July 30, 2020
Mexico’s passenger demand was once almost fully driven by passengers on private flights and international travelers flying commercially. After 2015 regulatory changes, and following global trends in low-cost air travel, Mexico’s domestic passenger service demand has accelerated and is now on par with international passenger services in terms of seats sold per year. The number of cargo flights within Mexico has also increased significantly.
Mexico continues to have a busy market for private flights, both rotary and fixed-wing. Full of wide-open spaces, with mining, agriculture and other remote industrial operations, Mexico also historically lacked a safe, modern road network. It is still the 2nd-most active market in the world after the United States for private jet travel and for air/helitaxis. Mexico’s top cities are all busy for helicopter traffic, as is the Gulf region, which is the hub for offshore oil activity.
Many Virginia aviation products and services, including those related to drones, can expect solid demand in Mexico despite or even because of the global coronavirus pandemic. This report assesses market scope and opportunities in scheduled and private civil aviation, both manned and unmanned. The report analyzes demand derived from Mexico’s cargo, passenger, and specialized commercial operations.
July 22, 2020
As an island nation, Australia’s maritime industry is critical to defending the security of the nation’s borders, as well as enabling 99 per cent of Australia’s international exports with trading partners across the globe.
The report provides a general overview of Australia’s maritime sector, as well as offer specific insights into the opportunities across several industry verticals, including:
- Shipbuilding (Defense & Commercial)
- Maintenance, Repair & Overhaul (MRO), Sustainment
- Port Operations & Infrastructure
- Oil & Gas
- Workforce Training
This report also provides information regarding Market Entry Options, Industry Publications and Industry Events.
July 20, 2020
Between 2012 and 2019, the growth of Slovakia’s defense expenditures was the fourth highest among all NATO members. The year 2019 also saw the historically most significant year-on-year increase in expenditures (from EUR 1.1 billion in 2018 to EUR 1.6 billion), mainly due to the purchase of F-16 fighters.
Slovakia launched large modernization projects not long ago and most are still in a planning stage. An increase in defense and security spending is to last until most commitments towards NATO are reached. This environment should present good opportunities for U.S. companies supplying high-end, advanced products, which can attract not only public administration buyers but the private market as well. The recent purchases of F-16 jet fighters and UH-60m helicopters may also present opportunities for related equipment and technology. Potential also exists in the sector of personal security and surveillance systems, where demand is created not only by uniformed forces, but also by municipal authorities, owners of critical infrastructure, and private companies.
This report examines the Defense and Security market in Slovakia, providing overviews of the Slovak Armed Forces, Homeland Security, market opportunities, and the public procurement system.