apparently there is supposed to be a wall, makes no sense to have a border wall with no cameras on it. but who knows guess we will see what gets done
IPVMU Certified | 11/17/16 09:41pm
Yes for sure, during the Bush years I remember military spending bought me (2) Harley's and a boat!!
If we're putting one wall up, why not put up another wall on the OTHER border. Heck, double our camera sales!
In the most extreme case scenario, I see Hikvision and Dahua losing its foothold here in the USA and a possibility of an Arecont comeback.
FLIR will be forced to drop its coaxial line, at least temporarily. They'll stay strong.
IC Realtime might be able to survive with their absolutely stupid margins. They may branch off and finally invest in their own factory.
Many of the western but still foreign manufacturers may be a toss-up due to the fact that a lot of old guard companies are now owned by Asian entities.
Axis = Canon
Bosch is probably getting going to merge with Sony.
Mobotix = Konica Minolta
Dahua and Hik will and should attempt to negotiate to build US factories and have them count as American made.
This is all dependent on what gets penalized with tariffs and for what reasons. Is it going to be targeted against Asia/China only or is this a blanket carpet bomb against everything foreign?
Can you get away with foreign ownership while "creating jobs" with a US based factory or are we going to have to go all red, white, and blue?
Suffice to say, Trump's policies were vague and completely unrefined when he uttered them so realistically, there's no telling what could happen.
Pro Focus LLC | 11/17/16 11:35pm
Politics aside? How do you evade politics when the very question is about politics? LOL
I see the points above in the OP as being somewhat valid, but they will be countered with overall economic decline due to the import policies. While anti-Chinese policies may be good for non-Chinese manufacturers, it will hurt them all in some way. I don't know of many products that don't have some Chinese parts inside.
Overall, I am bearish about the economy as a whole, which leads to a decline in our industry.
Politics aside, do you think that the Trump Administration will be good for the security industry?
yes, he is a tremendous destablizing force in both domestic and international matters.
Anxiety will increase spending.
So much for tariffs.
Here's an additional (and somewhat alarmist) take on the future of the surveillance industry now that Trump is the prez:
A Trump Presidency is a Godsend For The Surveillance Industry - with direct quotes from two SIA reps
What I can tell you that the business community is already reacting in a very positive way. We have seen quotes/proposals, previously on hold, being released, just in the last 10 days, as if they were waiting on the outcome of the election. Assuming this trend continues, the outlook for business growth is HUGE!
According to the businesses we have been receiving PO's from, they are generally encouraged by the promise of a reduction in regulations, elimination and replacement of Obamacare, the prospect of lower corporate taxes. The overall belief that the US economy which as been very slow in GDP, (except for Q3) will continue to accelerate which is good for business. Businesses in large are Pro Trump and NO, they would not have been as optimistic with HC. You can Tweet me on that!
IPVMU Certified | 11/22/16 01:07pm
I would like to hear someone more educated than I speak specifically about the impact of tpp or lack of tpp on our industry. anyone? This might be one of the quicker things that gets implemented by this administration. might be a new thread.
Update: Magal S3, the Israeli company responsible for security fences on the West Bank, Gaza Strip, and Egyptian borders, has seen its stock price surge since the election. Their CEO said
We believe that the U.S. government is going to increase its security budgets in the upcoming years and definitely we look forward to take part in it.
Magal, as you know, recently bought Aimetis.