| TDSi has benefited with assistance from UKTI and BSIA in its export markets research |
With the UK Trade and Investment Export Week event held on 9th to 13th November, integrated security manufacturer TDSi is proud to announce a 33% increase in its sales to Southeast Asia and China. The export figures, which compare Q1/Q2 of 2014 and 2015, suggest the security market is continuing to grow despite reports of a slowing economy in the region.
Strong market for TDSi in the region
John Davies, Managing Director of TDSi commented, “China and Southeast Asia in general continues to be a very strong market for TDSi’s integrated security products. Despite recent fears over economic stagnation, we are seeing solid growth from our partners and customers in the region and have a very optimistic outlook for these markets, with no indications of it slowing down. We are proud to be a successful British security exporter.”
The company is equally growing its market share in other countries in the region, which was highlighted by a recent visit to Malaysia for IFSEC Southeast Asia, as John elaborated, “Our appearance at the show this year enjoyed 50% more visitors to our stand than our debut at the event in 2013. What is more, the enthusiasm from visitors, partners and customers showed how much this market is expanding. With a solid economy based on impressive natural resources, Malaysia has a security market that is poised for development.”
Looking at the broader export sector, TDSi is enjoying growth in many international markets. During the company’s appearance IFSEC International in London earlier this year, TDSi’s stand enjoyed a 25% increase in export market visitors. The Middle East has frequently proven to be another key geographical growth region for TDSi, with strong indications that the UK market is also displaying signs of healthy expansion moving forwards.
Assistance from both the UKTI and BSIA
TDSi has benefited with assistance from both the UKTI and BSIA in its export markets research. The company was assisted by the UKTI whilst investigating a number of African and Southeast Asian markets, whilst also commissioning a number of OMIS (Overseas Market Introduction Service) reports from the organisation for Malaysia, Indonesia and Philippines. As Chairman of the BSIA Export Council, John Davies has also been heavily involved with members’ export activities, sharing knowledge and support with a number of other companies.
John concluded, “Undoubtedly the UK economy and security sector is growing and offering an excellent opportunity for the right providers, but there are also rapidly growing export markets that need to be embraced. We are proud to be a UK company selling technology to China, but equally other security markets such as Malaysia and Vietnam are growing rapidly and British products have an excellent and well-deserved reputation. Export Week is a perfect opportunity to learn more about the support on offer for British companies and to engage with export markets that are keen to buy truly world-class solutions.”