Verticals guide the way to competitive advantage in Latin America

Hospitality, commercial and manufacturing and industrial are the fastest growing verticals for access control equipment in Latin America.

06/19/2012


Hospitality, commercial and manufacturing and industrial are the fastest growing verticals for access control equipment in Latin America. Combined, these verticals are estimated to account for 55% of a $180 million electronic physical access control market according to a recent study published by IMS Research, recently acquired by IHS Inc., titled The Latin America Market for Electronic Physical Access Control Equipment.

Report author and senior analyst Blake Kozak comments, “In the commercial vertical, telecommunications and copper mines present some of the largest sales opportunities for suppliers of access control equipment. Much of the growth in telecommunications relates to antennas, towers, substations, and at remote locations. Many of these sites have electronics that must be protected by either a keypad reader or combination reader and keypad. For copper mines, these sites are designed similar to university campuses in the United States. Many have large complexes, living quarters and high security areas that will typically use electromechanical locks to protect against theft.”

Kozak continues, “In manufacturing and industrial, as construction continues to boom and economies grow across much of the region, demand is expected to remain strong for both local and multinational manufacturing companies. Within the oil and gas sector, access control equipment continues to play a major role not only within production sites, but also administrative offices that require high security to protect information on drilling areas and mineral rights. In hospitality, much of the growth is expected in Brazil with new hotels being constructed and existing ones renovated in anticipation of the World Cup in 2014 and Summer Olympics in 2016.”

While these three industries are expected to dominate the access control marketplace for some years, few, if any, industries in Latin America lack sales opportunities. Therefore, knowing which industries to target first, and how the uptake varies by country will provide suppliers with a significant competitive advantage.



No comments
The Top Plant program honors outstanding manufacturing facilities in North America. View the 2015 Top Plant.
The Product of the Year program recognizes products newly released in the manufacturing industries.
The Engineering Leaders Under 40 program identifies and gives recognition to young engineers who...
World-class manufacturing: A recipe for success: Finding the right mix for a salad dressing line; 2015 Salary Survey: Manufacturing slump dims enthusiasm
2015 Top Plant: Phoenix Contact, Middletown, Pa.; 2015 Best Practices: Automation, Electrical Safety, Electrical Systems, Pneumatics, Material Handling, Mechanical Systems
A cool solution: Collaboration, chemistry leads to foundry coat product development; See the 2015 Product of the Year Finalists
Digital oilfields: Integrated HMI/SCADA systems enable smarter data acquisition; Real-world impact of simulation; Electric actuator technology prospers in production fields
Special report: U.S. natural gas; LNG transport technologies evolve to meet market demand; Understanding new methane regulations; Predictive maintenance for gas pipeline compressors
Cyber security cost-efficient for industrial control systems; Extracting full value from operational data; Managing cyber security risks
Getting ready for industrial IoT; Visualizing the (applied) automation continuum; Preventing VFD faults and failures; Using wireless for closed-loop applications
Migrating industrial networks; Tracking HMI advances; Making the right automation changes
Understanding transfer switch operation; Coordinating protective devices; Analyzing NEC 2014 changes; Cooling data centers

Annual Salary Survey

After almost a decade of uncertainty, the confidence of plant floor managers is soaring. Even with a number of challenges and while implementing new technologies, there is a renewed sense of optimism among plant managers about their business and their future.

The respondents to the 2014 Plant Engineering Salary Survey come from throughout the U.S. and serve a variety of industries, but they are uniform in their optimism about manufacturing. This year’s survey found 79% consider manufacturing a secure career. That’s up from 75% in 2013 and significantly higher than the 63% figure when Plant Engineering first started asking that question a decade ago.

Read more: 2014 Salary Survey: Confidence rises amid the challenges

Maintenance and reliability tips and best practices from the maintenance and reliability coaches at Allied Reliability Group.
The One Voice for Manufacturing blog reports on federal public policy issues impacting the manufacturing sector. One Voice is a joint effort by the National Tooling and Machining...
The Society for Maintenance and Reliability Professionals an organization devoted...
Join this ongoing discussion of machine guarding topics, including solutions assessments, regulatory compliance, gap analysis...
IMS Research, recently acquired by IHS Inc., is a leading independent supplier of market research and consultancy to the global electronics industry.
Maintenance is not optional in manufacturing. It’s a profit center, driving productivity and uptime while reducing overall repair costs.
The Lachance on CMMS blog is about current maintenance topics. Blogger Paul Lachance is president and chief technology officer for Smartware Group.
This article collection contains several articles on the vital role that compressed air plays in manufacturing plants.