ABB in Peru is positioned to become one of the leaders in the electrical materials market as it announces that its products will be made available in two of the most important retail chains in the region, Sodimac and Maestro.
With 5% CAGR growth between 2020-2025* being seen across residential, commercial, industrial, infrastructure (transportation), energy and utilities, it is estimated that the Peruvian hardware market is valued at US$50million.
Working with its distributor partner, Chang Commercial, the agreement, will see ABB supply nationally 56 product lines of low-voltage products, including the new thermomagnetic switches of DG+ type, the latest differential switches of DCG+ type and engine keepers, among others.
“This latest move will see contractors and installers gain access to quality products and solutions from ABB and provide greater visibility and access to safe, smart and sustainable solutions for construction projects in the country.
“We will offer strong levels of service and assist retailers and customers with up-to-date products and information,” assured Johnny Guerrero, Product Marketing Specialist of ABB in Peru.
The agreement will also include creative approaches to marketing and brand awareness with instore point of sales marketing initiatives and will even include online promotion and events.
The products are now available across all Maestro and Sodimac stores and will further expand the lines to include new products.
Sources:
https://www.mordorintelligence.com/industry-reports/latin-america-construction-market *
About ABB
ABB (ABB: SIX Swiss EX) is a global engineering company that promotes transformation in the society and the industry to achieve a more productive and sustainable future. By connecting software to its portfolio of Electrification, Industrial Automation, Motion and Robotics, ABB surpass the limits of technology to take performance to new levels. With a history that goes back more than 130 years, the success of ABB is propelled by 110.000 talented employees in more than 100 countries.
ABB’s Electrification BusinessArea is a global leader in electrical products and solutions, operating in more than 100 countries, with over 200 manufacturing sites. Our 50,000+ employees are dedicated to delivering safe, smart and sustainable electrification. With ABB AbilityTM enabled digital solutions at its core, our portfolio protects, connects and optimizes the flow of electrical energy for smarter electricity distributionfor utilities, industry, buildings, infrastructure and mobility. For more information visit https://go.abb/electrification
