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The acquisition of integrated digital soldier kits will be revolutionary in driving modernization efforts around the world and be the main driving force behind the market in the future, says GlobalData, a leading data and analytics company. However, for the moment, the cost is expected to be too high for 100% implementation and incremental uptake […]
UGV will see their uses expanding into more complex areas thanks to AI
The use of artificial intelligence (AI) in unmanned ground vehicles (UGVs) is set to transform force structures and change the defense market, by expanding their uses in scenarios outside their most common ones, such as EOD and demining, but always with one main goal: to remove soldiers from harm’s way, according to GlobalData, a leading […]
Directed energy weapons could revolutionize warfare
Directed energy weapons (DEWs) are maturing quickly and transitioning towards widespread, practical and cost-effective field deployment. If successfully developed and deployed, DEWs have immense potential to be revolutionary in the long-term, according to GlobalData, a leading data and analytics company. The US currently leads the development of DEWs worldwide. The US military doubled its spending […]
COVID-19 pandemic breathes new life into electric scooters
The UK Government recently fast-tracked a permit to allow electric scooter rentals on public roads. The move forms part of a broader investigation into greener travel and overcrowding on public transport as the COVID-19 pandemic rages, according to GlobalData, a leading data and analytics company. Before the pandemic struck, the scooter industry was facing strong […]
July surge of UK vehicle sales put rest of Europe in the shade, but market expected to be 28-30% down at year end, according to latest research from GlobalData
July surge of UK vehicle sales put rest of Europe in the shade, but market expected to be 28-30% down at year end, according to latest research from GlobalData – July UK light vehicle sales totalled *203,000 – a whopping +10.6% YoY increase – Total UK light vehicle sales market expected to be **28-30% […]
Spain’s remaining coal-fired plants likely to be phased out by 2025
When Spain ordered a nationwide lockdown, electricity consumption increased in the residential sector. As a cost-effective alternative renewables took center stage as the portion of coal in the electricity generation mix diminished significantly. This led to Spain closing seven of its 15 coal-fired plants totaling around 4.6GW. Leading data and analytics company GlobalData estimates that […]
BAE Systems faces COVID-19 delays
Following the release of BAE Systems half-year results for 2020; Stelios Kanavakis, Defense Analyst at GlobalData, a leading data and analytics company, offers his view: “It comes as no surprise that BAE Systems is facing delays in deliveries for a number of vehicle programs for the US Army due to COVID-19, as every production line […]
Social media posts about COVID-19 and lung cancer by oncology influencers peaked in April
Since COVID-19 was declared a pandemic in March 2020, social media posts related to the virus from oncology influencers increased significantly, with content peaking in April, says GlobalData, a leading data and analytics company. Using GlobalData’s Oncology Influencer database, Twitter posts relating to COVID-19 have been tracked and analyzed from January to May. In January […]
Renault will see sales surge for electric Zoe continue
Following the news that over the first half of 2020 Renault sold 37,540 electric Zoe cars in Europe, some 50% ahead of last year’s pace, making it Europe’s best-selling electric vehicle; David Leggett, Automotive Analyst at GlobalData, a leading data and analytics company, offers his view: “The electric vehicle segment is emerging as one of […]
COVID-19 has challenged Poland’s coal-based electricity and could encourage renewable development plans
Poland’s coal mining industry has been profoundly impacted by COVID-19. The country’s coal production is becoming less efficient as it imports cheaper coal from other nations to meet its energy consumption needs. GlobalData predicts that if the country focuses on phasing out coal-based generation, it could receive EU funds that could be utilized for a […]
PSA in good shape for merger with FCA
Following the news that PSA Group has posted a positive profit result for the first half of the year despite the heavy impact of the COVID-19 pandemic and much reduced revenue; David Leggett, Automotive Analyst at GlobalData, a leading data and analytics company, offers his view: “PSA has been working on reducing its break-even point […]
Emirates seeks to allay fear of flying during COVID-19 pandemic
Following the news that Emirates will cover customers from COVID-19 expenses to boost travel confidence; Mathew George, Ph.D., Aerospace & Defense Analyst at GlobalData, a leading data and analytics company, offers his view: “This is another step taken by Emirates to ensure customers feel safe when travelling with the airline and to bring tourists and […]
Rolls-Royce will have to rely on defense
Following the recent news of Rolls-Royce’s Chief Executive Warren East opting for recovery through the defense side of the business; Nicolas Jouan, Aerospace and Defense Analyst at GlobalData, a leading data and analytics company, offers his view: “Rolls-Royce has been one of the worst affected aerospace companies by the outbreak of COVID-19. As the pandemic […]
Global light vehicle market continues bounce-back in June
Global light vehicle sales fell by 19.1% in June, year-on-year, to 6.2 million for a seasonally adjusted annualised running rate (SAAR) of 73.1 million in the month, says GlobalData, a leading data and analytics company. Calum MacRae, Automotive Analyst at GlobalData, comments: “While these results are some way behind industry norms, they do demonstrate that […]
China and electrified sales drive upbeat Volvo Cars prospects
Following the news that Geely-owned Volvo Cars has reported its first half financial results have been severely dented – including an operating loss of 989 million SEK – due to the impact of the COVID-19 crisis, but expects its business to recover in the second half of the year; David Leggett, Automotive Analyst at GlobalData, […]
COVID-19 will change both factories and offices for ever
The COVID-19 pandemic has given businesses an unprecedented opportunity to implement profound changes to the way we work, according to GlobalData, a leading data and analytics company. GlobalData’s latest report, Future of Work – Thematic Research, states that the pandemic will leave a lasting legacy, from digitizing processes and re-shaping supply chains to redesigning offices. Laura Petrone, […]
Global light vehicle market to see 17.2% decline in 2020
The world’s light vehicle market is forecast to decline by 17.2% to 73.6 million units in 2020 due to the impact of the COVID-19 pandemic and its associated economic fallout, according to GlobalData, a leading data and analytics company. Calum MacRae, Automotive Analyst at GlobalData, comments: “This is a bigger one-off shock than witnessed in the […]
Short-term boost for Boeing with F-15EX order from USAF
Following the recent news that the United States Air Force (USAF) and Boeing signed a $1.2Bn deal for the first eight F-15EX aircraft order; Mathew George, Ph.D., Aerospace & Defense Analyst at GlobalData, a leading data and analytics company, offers his view: “For Boeing, this order comes at the right time to possibly ensure revenues continue to come […]
Ford’s Mexico engine supply problems sound warning for global supply chains
Following the news that Ford is facing production bottlenecks in the US due to COVID-19 production constraints at an engine plant in Mexico; David Leggett, Automotive Analyst at GlobalData, a leading data and analytics company, offers his view: “The news from Mexico serves as a wider warning to the auto industry that the COVID-19 pandemic […]
Mine warfare is set to be revolutionized by maritime unmanned vehicles
Following recent news that SKELDAR V-200 VTOL UAV has been selected for the Belgian and Dutch MCM program; Captain (Rtrd) Nurettin Sevi, Aerospace and Defense Analyst at GlobalData, a leading data and analytics company, offers his view: “Sea mines are very cost-effective, easy to deploy and becoming more sophisticated and highly deadly. Even though some sea mines […]