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Billions of Business Opportunities Await At PS, HVACR, Watertech And Wastetech Indonesia 2011
There are a total of US$ 632.7 billion worth of business opportunities in the Process Systems, HVACR, Water and Waste Industry with an overzealous demand in developing countries like Indonesia.
According to the recent World Pumps Industry Report, the world fluid handling pump demand is forecast to rise 6.5 percent annually through 2014 to $69 billion. Three-fifths of all new fluid handling pump demand generated will be attributable to the Asia/Pacific region, especially country like Indonesia. Process manufacturers will gained from the fastest growing pump market by an improved outlook for most process manufacturing industries. World demand for HVAC equipment is also projected to rise 5.8% per year through 2012 to reach US$ 83.7 billion with the growth forecast in Asia to rise 6.9% annually.
With this astounding demand for industrial systems and Indonesia’s rapid annual growth rate of 4-6%, it is clearly evident that PS (Process Systems), HVACR Indonesia 2011 and the newly launched Watertech and Wastetech Indonesia 2011, held 17 – 19 November 2011 at Jakarta International Expo (JI Expo), Jakarta, Indonesia serves as a timely platform and a fast track and effective entry for industrial equipment and technology supplier to tap into Indonesia’s vast business opportunities.
This year, the inaugural launch of two concurrent shows-Watertech Indonesia 2011 & Wastetech Indonesia 2011 signifies the expansion of its series of shows into Indonesia’s emerging water and waste markets. The global water market is forecast to experience an above-average growth spurt, with an overall market size estimated at $480 billion in 2010, rising by a rate of 6.2% over the next five years. Indonesia, is similarly facing a fast growing demand for water supply. More companies in Indonesia are urged to install water treatment facilities given the city's limited supply of clean water. (Source: The Jakarta Post, 3 March 2010). Companies that offer innovative products and solutions along the water value chain will profit from this trend and create long-term and attractive investment opportunities. (Source: NewEnergyWorldNetwork.com, 9 August 2010) End users in Indonesia are becoming more technologically aware and capable of weighing the long-term benefits of advanced water and waste treatment systems. The market is relatively young and therefore, first movers stand to gain considerably. (Source: Frost & Sullivan, Oct 2010)
Ms Theresa Gan, Group Exhibitions Director of IIR Exhibitions said, “With the uniqueness of having all Industrial Systems under one roof, PS (Process Systems), HVACR, Watertech and Wastetech Indonesia 2011 aims to continue its established track record of being the most ideal marketplace for international industrial manufacturers and suppliers to launch new products, reach out to buyers, appoint agents & distributors, build brand awareness and establish business networks in Indonesia’s booming economy.
For more information, please visit: www.psseries.com/