|By PR Newswire||
|January 2, 2013 02:14 AM EST||
KUALA LUMPUR, Malaysia, Jan. 2, 2013 /PRNewswire/ -- The commercial aerospace, defense and maritime industries are set for high growth over the next few years in the ASEAN region. Increasing economic development, rising demand for travel and trade in the region have especially been driving the need for the region to strengthen its air and sea transport infrastructure to meet up with these demands.
HW LIMA together with knowledge partner Frost & Sullivan plans to address new market opportunities and shed insights on the future of Aerospace, Defense and Maritime Industries at the Langkawi International Maritime and Aerospace (LIMA) Exhibition, happening in March 2013.
"LIMA has been getting a lot of enquiries from new to market companies, which we attribute to the importance of the Asian market vis-a-vis what is currently happening in Europe and the United States. We have partnered with Frost & Sullivan with the aim to continue driving growth by delivering more to our participants. Our new tag-line 'Delivering Asian Markets' encompasses our overall strategy to provide an effective and relevant platform in a region widely considered to be the world's leading growth area for aerospace and maritime," said Mr. Ahmad Dzuhri Wahab, Managing Director of HW LIMA Exhibitions.
On the commercial aviation front, the introduction of LCCs and airport developments in the region are expected to drive growth of this industry in the near future. According to Frost & Sullivan, passenger traffic across airports in the five major ASEAN countries of Malaysia, Singapore, Indonesia, Philippines and Thailand, is expected to reach close to 318 million passengers by 2017.
Growth of maritime is expected to be driven by increasing port development in countries such as Singapore and Malaysia in efforts to increase their traffic handling capacities. The total sea freight traffic handled in this region is expected to reach 2.52 billion tonnes by 2017.
On the defense front, the acquisition of UAVs, armoured vehicles, ships and aircraft will drive defense procurement spending in the near future. A lot of this increased spending is being driven by the rising geopolitical instability in the region and the need for replacement of obsolete military equipment. Defense spending in the ASEAN region is expected to grow at a CAGR of close to 10% during 2012 to 2020, reaching more than US$61 billion by 2020.
"Overall, 2012 to 2020 is expected to be a period of opening up of many growth opportunities for the aerospace, defense and maritime industries in ASEAN region in the near future. The implementation of several governmental reforms such as the ASEAN Economic Community (AEC) and open skies agreements among ASEAN countries is expected to drive growth of these industries in the region," said Mr. Neil Dave, Consulting Analyst of Aerospace & Defense at Frost & Sullivan Asia Pacific.
The Langkawi International Maritime and Aerospace (LIMA) Exhibition, from 26 to 30 March 2013, is fast becoming a must attend show for Asia. LIMA is a biennial event that gathers the world's leading maritime and aerospace companies in a week of high impact business and networking activities with special aerobatic and ship displays as highlights.
The exhibition will introduce a number of key new programmes, foremost being the ASEAN Aviation Best Practices Awards, The LIMA '13 Shipbuilding and Ship repair conference and the ASEAN Aviation Conference designed at boosting LIMA's global profile and increase participation.
Registration and booking of space for LIMA'13 is now open and more information on the Langkawi International Maritime and Aerospace Exhibition 2013 can be found at www.lima.com.my.
About Frost & Sullivan
Frost & Sullivan, the Growth Partnership Company, works in collaboration with clients to leverage visionary innovation that addresses the global challenges and related growth opportunities that will make or break today's market participants. For more than 50 years, we have been developing growth strategies for the global 1000, emerging businesses, the public sector and the investment community. Is your organization prepared for the next profound wave of industry convergence, disruptive technologies, increasing competitive intensity, Mega Trends, breakthrough best practices, changing customer dynamics and emerging economies? Contact us: Start the discussion
Corporate Communications – Asia Pacific
Frost & Sullivan
P: +603 6204 5910
F: +603 6201 7402
E: [email protected]
Manager, Corporate Communications
HW LIMA EXHIBITIONS
P: +603 4142 1699
F: +603 4142 2699
E: [email protected]
The 17th International Cloud Expo has announced that its Call for Papers is open. 17th International Cloud Expo, to be held November 3-5, 2015, at the Santa Clara Convention Center in Santa Clara, CA, brings together Cloud Computing, APM, APIs, Microservices, Security, Big Data, Internet of Things, DevOps and WebRTC to one location. With cloud computing driving a higher percentage of enterprise IT budgets every year, it becomes increasingly important to plant your flag in this fast-expanding bu...
Sep. 5, 2015 06:30 AM EDT Reads: 1,721
With the Apple Watch making its way onto wrists all over the world, it’s only a matter of time before it becomes a staple in the workplace. In fact, Forrester reported that 68 percent of technology and business decision-makers characterize wearables as a top priority for 2015. Recognizing their business value early on, FinancialForce.com was the first to bring ERP to wearables, helping streamline communication across front and back office functions. In his session at @ThingsExpo, Kevin Roberts...
Sep. 5, 2015 06:00 AM EDT Reads: 135
The Internet of Things is in the early stages of mainstream deployment but it promises to unlock value and rapidly transform how organizations manage, operationalize, and monetize their assets. IoT is a complex structure of hardware, sensors, applications, analytics and devices that need to be able to communicate geographically and across all functions. Once the data is collected from numerous endpoints, the challenge then becomes converting it into actionable insight.
Sep. 5, 2015 06:00 AM EDT Reads: 138
Contrary to mainstream media attention, the multiple possibilities of how consumer IoT will transform our everyday lives aren’t the only angle of this headline-gaining trend. There’s a huge opportunity for “industrial IoT” and “Smart Cities” to impact the world in the same capacity – especially during critical situations. For example, a community water dam that needs to release water can leverage embedded critical communications logic to alert the appropriate individuals, on the right device, as...
Sep. 5, 2015 05:15 AM EDT Reads: 142
Manufacturing connected IoT versions of traditional products requires more than multiple deep technology skills. It also requires a shift in mindset, to realize that connected, sensor-enabled “things” act more like services than what we usually think of as products. In his session at @ThingsExpo, David Friedman, CEO and co-founder of Ayla Networks, will discuss how when sensors start generating detailed real-world data about products and how they’re being used, smart manufacturers can use the ...
Sep. 5, 2015 05:00 AM EDT Reads: 114
In his session at @ThingsExpo, Lee Williams, a producer of the first smartphones and tablets, will talk about how he is now applying his experience in mobile technology to the design and development of the next generation of Environmental and Sustainability Services at ETwater. He will explain how M2M controllers work through wirelessly connected remote controls; and specifically delve into a retrofit option that reverse-engineers control codes of existing conventional controller systems so the...
Sep. 5, 2015 05:00 AM EDT Reads: 294
ElasticBox, the agile application delivery manager, announced freely available public boxes for the DevOps community. ElasticBox works with enterprises to help them deploy any application to any cloud. Public boxes are curated reference boxes that represent some of the most popular applications and tools for orchestrating deployments at scale. Boxes are an adaptive way to represent reusable infrastructure as components of code. Boxes contain scripts, variables, and metadata to automate proces...
Sep. 5, 2015 04:30 AM EDT Reads: 152
To assist customers with legacy Windows Server 2003 that is no longer supported by Microsoft, Racemi has introduced fixed price packages for upgrading and migrating Windows Server 2003 servers to either Windows 2008 R2 or Windows 2012 R2 and the choice of Amazon Web Services (AWS) or SoftLayer cloud. "We're extending a lifeline by upgrading the legacy servers to more modern Windows Server platforms while taking advantage of cloud computing," said James Strayer, vice president of product managem...
Sep. 5, 2015 03:30 AM EDT Reads: 118
To support developers and operations professionals in their push to implement DevOps principles for their infrastructure environments, ProfitBricks, a provider of cloud infrastructure, is adding support for DevOps tools Ansible and Chef. Ansible is a platform for configuring and managing data center infrastructure that combines multi-node software deployment, ad hoc task execution, and configuration management, and is used by DevOps professionals as they use its playbooks functionality to autom...
Sep. 5, 2015 03:00 AM EDT Reads: 157
Skeuomorphism usually means retaining existing design cues in something new that doesn’t actually need them. However, the concept of skeuomorphism can be thought of as relating more broadly to applying existing patterns to new technologies that, in fact, cry out for new approaches. In his session at DevOps Summit, Gordon Haff, Senior Cloud Strategy Marketing and Evangelism Manager at Red Hat, discussed why containers should be paired with new architectural practices such as microservices rathe...
Sep. 5, 2015 02:00 AM EDT Reads: 465
SYS-CON Events announced today that HPM Networks will exhibit at the 17th International Cloud Expo®, which will take place on November 3–5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. For 20 years, HPM Networks has been integrating technology solutions that solve complex business challenges. HPM Networks has designed solutions for both SMB and enterprise customers throughout the San Francisco Bay Area.
Sep. 5, 2015 01:30 AM EDT Reads: 1,006
Puppet Labs has announced the next major update to its flagship product: Puppet Enterprise 2015.2. This release includes new features providing DevOps teams with clarity, simplicity and additional management capabilities, including an all-new user interface, an interactive graph for visualizing infrastructure code, a new unified agent and broader infrastructure support.
Sep. 5, 2015 01:15 AM EDT Reads: 619
SYS-CON Events announced today that Pythian, a global IT services company specializing in helping companies leverage disruptive technologies to optimize revenue-generating systems, has been named “Bronze Sponsor” of SYS-CON's 17th Cloud Expo, which will take place on November 3–5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. Founded in 1997, Pythian is a global IT services company that helps companies compete by adopting disruptive technologies such as cloud, Big Data, advance...
Sep. 5, 2015 01:00 AM EDT Reads: 418
All major researchers estimate there will be tens of billions devices - computers, smartphones, tablets, and sensors - connected to the Internet by 2020. This number will continue to grow at a rapid pace for the next several decades. With major technology companies and startups seriously embracing IoT strategies, now is the perfect time to attend @ThingsExpo, November 3-5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. Learn what is going on, contribute to the discussions, and e...
Sep. 5, 2015 01:00 AM EDT Reads: 265
SYS-CON Events announced today that G2G3 will exhibit at SYS-CON's @DevOpsSummit Silicon Valley, which will take place on November 3–5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. Based on a collective appreciation for user experience, design, and technology, G2G3 is uniquely qualified and motivated to redefine how organizations and people engage in an increasingly digital world.
Sep. 4, 2015 11:00 PM EDT Reads: 585