Brazil’s Automation Revenues to Grow 30% to Over US$ 2 Billion This Year

Automation in Brazil Automation industries from Brazil should expand their revenues by 30% this year. The forecast is by ISA – South America, an association that brings together professionals from the area of automation and instrumentation.

Sector revenues should reach 3.7 billion reais (US$ 2.3 billion) by the end of the year. According to information disclosed by the organization, the great booster of industry in the area should be substantial investment forecasted for infrastructure in the country.

According to the head of ISA-South America, Marcus Coester, as the funds invested in infrastructure are long-term, the decision of investing today reflects the orders placed by the sector for the next two or three years, which guarantees good performance for industries in the area for a reasonably long period.

Apart from investment in the sectors of oil and gas, ironworks and pulp and paper, another sign that the automation sector is going to grow in coming years is the expansion in the hiring of personnel by organisations.

In Brazil, according to ISA, the sector is growing above the average of the global automation industry. Forecasts by international consultancy companies show that the sector should grow 6.4% worldwide over the next four or five years. Last year, industry in the area grew 11% in Brazil.

ISA is a non-profit-making organization whose mission is helping its 30,000 members, and other automation professionals worldwide, to find solutions to complex technical products while improving their professional capacity.

The institution should promote, between November 17th and 19th, the 12th South American Trade Show and International Congress of Automation, Systems and Instrumentation, in São Paulo.

Anba

Tags:

Ads

You May Also Like

Tit for Tat: Brazil Fights Back and Sends 8 Spaniards Back Home

Immigration officials in Brazil turned back eight Spanish tourists this Friday, March 8, a ...

Brazil to Be Become Bi-Oceanic in November with Road from Atlantic to Pacific

The presidents of Brazil, Chile and Bolivia will be inaugurating next November a Mercosur ...

Brazil Gets Ready to Add Ethanol to Japan’s Car Tanks

Japan is conducting advanced research on the addition of ethanol to the fuel used ...

Brazil Tries to Secure Border with Bolivia Against Illegal Activities

Brazil’s 3,400 kilometer long border with Bolivia will be controlled by nine new border ...

Brazilian Stock Exchange Breaks Record with US$ 600 Billion Turnover

Last year, Ibovespa, the main index of the São Paulo Stock Exchange (Bovespa), in ...

Brazilians’ Consumer Dream: Paying the Bills

A survey by the Brazilian Publicity Association shows that Brazilians are more worried about ...

Iran Wants Brazil to Mediate Nuclear Agreement with UN

Iran’s ambassador in Brazil, Mohsen Shaterzadeh, refutes the idea that the relationship between Brazil ...

Training in English and Food Safety to Improve Brazil’s Tourism Appeal

The project Paths of Flavor (Caminhos do Sabor), promoted by the Brazilian Ministry of ...

Brazil-India Joint Venture Wants to Export Wagons

Santa Fé, a maker of wagons that is based in the city of Santa ...

Sorry, New York. The Hip-Hop Thrill Has Gone South to Rio

If you were ambling along the Copacabana beach, in Rio, in recent months, you ...