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The Peruvian Government is planning to push renewable power growth, especially onshore wind power, as it seeks to reduce its dependence on hydropower and decrease its GHG emission. GlobalData, a leading data and analytics company, expects Peru to reach a total renewable capacity of 3.91 GW by 2030, of which onshore wind power will account […]
Positive long-term data from Roche’s Evrysdi will consolidate its strong position in SMA market, says GlobalData
Following Roche’s announcement of new 2-year data from Part 2 of FIREFISH, a Phase II/III global study evaluating Evrysdi (risdiplam) in infants aged 1-7 months at enrollment with symptomatic Type 1 spinal muscular atrophy (SMA); Alessio Brunello, Managing Analyst at GlobalData, a leading data and analytics company, offers his view: “Roche’s Evrysdi continues to improve […]
Eastern Europe’s construction output set to increase by 3.6% in 2021, says GlobalData
Eastern Europe’s construction industry is forecasted to grow by 3.6% in 2021, following a 1.6% contraction in 2020 due to the COVID-19 outbreak and subsequent lockdown restrictions, according to GlobalData, a leading data and analytics company. According to GlobalData’s report, ‘Global Construction Outlook to 2025, Q1 Update’, with the vaccination rollout programme starting across much […]
Global confidence in AstraZeneca’s COVID-19 vaccine could be boosted by FDA EUA, says GlobalData
The approval of a Food and Drug Administration (FDA) emergency use authorization (EUA) for AstraZeneca’s COVID-19 vaccine AZD1222 will boost confidence and use of the vaccine globally. Such an approval will also motivate uptake in countries within vaccine alliance Gavi, says GlobalData, a leading data and analytics company. Interim analysis for AZD1222 on 25 March […]
Omni Hotels and Resorts’ job postings increased by 248% since January 2021, finds GlobalData
Omni Hotels and Resorts saw a sudden boost in job posting in 2021, after nearly a year of low hiring activity. GlobalData’s Job Analytics database shows that the company posted over 1,000 jobs in March 2021, a 248% increase compared to January 2021, and the highest since April 2020. Omni’s hiring indicates that the company […]
PepsiCo’s LIFEWTR-Issa Rae collaboration to connect with two thirds of socially-conscious US consumers, says GlobalData
Following today’s news (14 April) that PepsiCo’s LIFEWTR will team up with US actress Issa Rae to launch ‘Life Unseen’; Carmen Bryan, Consumer Analyst at GlobalData, a leading data and analytics company, offers her view: “Brand partnerships with A-class celebrities – particularly those focused on a popular social cause – have seen tremendous success during […]
Toyota’s RAV4 shows why hybrids remain a good compromise in the market, says GlobalData
Following the news that Toyota in Europe reported its highest ever hybrid mix – at 56% (67% in Western Europe) – in its first quarter sales; Graeme Roberts, Automotive Editor at GlobalData, a leading data and analytics company, offers his view: “Toyota’s first quarter sales results show just how important petrol-electric hybrid sales remain for […]
COVID-19 survivors may face long-term complications, says GlobalData
Given recent findings that nearly one-third of previously hospitalized COVID-19 patients in the UK are readmitted for further treatment within five months after infection, and one in eight COVID-19 patients died in that same timeframe, further follow-up on the long-term effects of the disease needs to be conducted, along with treatments to prevent these outcomes, […]
UK car market opens, but huge challenges ahead for sector, says GlobalData
Following the news that car retailers in England are now open for in-person business under the government’s roadmap to ease population lockdown rules; David Leggett, Automotive Analyst at GlobalData, a leading data and analytics company, offers his view: “This is clearly a welcome step for the UK’s automotive sector. While there have been many ‘click […]
Coal production from top ten mining companies expected to increase by up to 6.6% in 2021, says GlobalData
Coal production from the top ten mining companies (Coal India, China Shenhua, Yanzhou Coal, Peabody, China National Coal, Glencore, Siberian Coal, PT Bumi, BHP and Arch Resources) fell from a collective 1,704Mt in 2019 to 1,633Mt in 2020, which is a 4.2% decline. The most significant declines were observed from Arch Resources (28.6%), PT Bumi […]
Travel and tourism deal activity registers 40.3% growth during March 2021, finds GlobalData
A total of 108 deals (comprising mergers & acquisitions, private equity, and venture financing) were announced in the global travel and tourism sector during March 2021, which is an increase of 40.3% over 77 deals announced in February, according to GlobalData, a leading data and analytics company. Aurojyoti Bose, Lead Analyst at GlobalData, comments: “The […]
Jet2.com suspending holidays a clear sign of the damage uncertainty causes, says GlobalData
Following today’s news that Jet2.com is to suspend flights and holidays to 23 June 2021; Rheanna Norris, Associate Analyst at GlobalData, a leading data and analytics company, offers her view: “Jet2.com has become the first UK-based holiday and flight operator to cancel and suspend bookings, due to uncertainty surrounding the opening up of international travel. […]
Smart cities are the next step for urban tourism post-pandemic, says GlobalData
Aiding the visitor experience, mitigating the effects of overtourism and leading to more sustainable management, smart cities are the way forward in post-pandemic travel. Digital ‘vaccine passports’ continue to create headlines worldwide and are meant to ensure the safe recovery of international travel post-pandemic. This concept paves the way for a closer relationship between technology […]
World Parkinson’s Day 2021: Urgent need for disease-modifying drugs to halt disease progression, says GlobalData
There are diverse development strategies and trends in the Parkinson’s disease (PD) treatment at present, however only a few of them address the pressing need for a disease-modifying therapy (DMT). This reflects the various complexities in the process of understanding the exact pathophysiology of the disease through bringing new therapies into this market. Therefore, if […]
Global construction industry set to grow by 5.2% in 2021, according to GlobalData
Following the historic collapse in construction activity in 2020 amid the severe disruption caused by restrictions imposed to contain the spread of COVID-19, the construction industry is set to grow by 5.2% in 2021, according to GlobalData, a leading data and analytics company. Output in 2021 will be 2.5% higher than the 2019 level. Although […]
EVs finally beginning to fulfil prophecies in 2020 as sales grew 40.9% YOY, says GlobalData
Despite the COVID-19 pandemic causing a decline in the global auto industry, sales of electric vehicles (EVs) grew 40.9% year-on-year (YOY) and accounted for 4% of car sales in 2020, according to GlobalData, a leading data and analytics company. GlobalData’s latest theme report, ‘Electric Vehicle – Thematic Research’, reveals that globally, EV sales surpassed 3.1 […]
Global deal activity shows signs of improvement, registers 11% growth in March 2021, finds GlobalData
A total of 5,566 deals (comprising mergers & acquisitions, private equity, and venture financing deals) were announced globally during March 2021, which is an increase of 11% over 5,013 deals announced during the previous month, according to GlobalData, a leading data and analytics company. Aurojyoti Bose, Lead Analyst at GlobalData, comments: “Global deal activity has remained […]
Diagnosed prevalent cases of T1D in France projected to increase by 44% over next decade, says GlobalData
Diagnosed prevalent cases of type 1 diabetes (T1D) in the eight major markets (8MM*) combined are expected to increase from 3.33 million cases in 2019 to 3.92 million in 2029, at an annual growth rate (AGR) of 1.77%, according to GlobalData, a leading data and analytics company. Of the 8MM, the diagnosed prevalent cases of […]
Global coal production expected to rise by 3.5% in 2021, says GlobalData
Global coal output is estimated to have declined by 2% in 2020 due to COVID-19-related lockdowns and restrictions, with significant reductions observed in the US (23.6%), Indonesia (13.1%), Russia (8.1%) and Australia (5.5%). These were only partially offset by increases in China (4%) and India (0.7%). Additionally, during the last year, there was an estimated […]
Diagnosed prevalent cases of chronic hepatitis B in 9MM set to surpass 18 million in 2029, says GlobalData
The burden of diagnosed chronic hepatitis B (CHB) is expected to increase at an annual growth rate (AGR) of 0.20% from an estimated 17.8 million cases in 2019 to 18.1 million in 2029 in the nine major markets (9MM*), according to GlobalData, a leading data and analytics company. GlobalData’s latest report, ‘Chronic Hepatitis B (CHB) […]