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Industry Report
North America

Aviation and Drones in Mexico

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.

Industry Report
Asia Pacific

Maritime Industry in Australia

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.

Industry Report
Europe

Defense & Security in Slovakia

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.

Industry Report
Europe

COVID-19 Impact in Europe

July 17, 2020

The impact of COVID-19 on European economies has been dramatic. It is anticipated that European economies will experience market volatility similar to 2007 as opposed to more recent years. The optimism for a V-shaped recovery remains strong as the demand for goods and services is expected to bounce back, however, some sectors will never return to the same strength. Most economies in Europe will rebound with perhaps the greatest health warning being on the UK economy, where growth may be slower than anticipated.

This report examines the following sectors in Europe, and the impact of COVID-19:

  • Aerospace & Defense
  • Life Sciences
  • Pharmaceuticals
  • Medical Technology
  • ICT
  • Cybersecurity
  • Food & Drinks
  • Automotive
Industry Report
Africa

ICT in South Africa & Tanzania

July 1, 2020

Africa’s economic position is set to advance in the coming years as African economies are growing at a rate higher than the global average. South Africa is the 34th largest export economy in the world and the 47th most complex economy. South Africa is the second largest economy in Africa, and enjoys relative macroeconomic stability and a largely pro-business environment, making it an attractive option for Virginia companies seeking to enter the Sub-Saharan Africa marketplace. Tanzania’s economic performance showcases a high rate of growth and a low rate of inflation over the past five years.

Positive economic environments and the growing ICT sector makes South Africa and Tanzania an attractive place for Virginia exporters to do business.

This report examines the ICT sector in South Africa and Tanzania, as well as market opportunities and key players.

Industry Report
Africa

Manufacturing in South Africa & Tanzania

July 1, 2020

Africa’s economic position is set to advance in the coming years as African economies are growing at a rate higher than the global average. South Africa is the 34th largest export economy in the world and the 47th most complex economy. South Africa is the second largest economy in Africa, and enjoys relative macroeconomic stability and a largely pro-business environment, making it an attractive option for Virginia companies seeking to enter the Sub-Saharan Africa marketplace. Tanzania’s economic performance showcases a high rate of growth and a low rate of inflation over the past five years.

Africa’s growing manufacturing industry leaves ample room for investment and key partnerships. Africa is in the process of becoming the world’s next great manufacturing center and African businesses and governments have recognized that manufacturing offers the perfect opportunity to create the next wave of economic growth. There is great potential for expansion in Africa’s manufacturing sector, as it is expected that Africa will capture part of the 100 million labor-intensive manufacturing jobs said to leave China by 2030.

This report examines the Manufacturing industry in South Africa and Tanzania, as well as market opportunities and key players.