Beth

Power

US, China and India to be major markets for power transmission and distribution conductors over next four years

The global markets for transmission and distribution conductors are forecast to grow at a compound annual growth rate (CAGR) of 1% and 3.6%, respectively, between 2020 and 2024. The US, China, and India will propel the global markets over the next four years, with the three countries accounting for a share of 42.4% (transmission) and […]

Technology

Poland will prove Iliad’s most challenging acquisition market to date

Following the news that Iliad has made a $4.2bn bid for Play; Emma Mohr-McClune, Global Consumer Platforms, Services and Devices Analyst at GlobalData, offers her view on the acquisition: “On the face of it, a tie-up between Iliad and Play appears to present the perfect meeting of minds. Both are disruptive price aggressors with a […]

Medical Devices

Hospitals must look to alternative methods to cope with N95 mask shortages due to COVID-19

Shortages of personal protective equipment (PPE) amid the COVID-19 pandemic has forced medical professionals to reuse N95 masks. According to GlobalData, the COVID-19 outbreak led to significant demand for N95 respirators and the market size was projected to grow from $7.2m from Q4 2019 to $97m in Q1 2020. This demand is expected to continue […]

Retail

Superdry’s turnaround plan halted as COVID-19 dampens clothing demand

Following today’s release of Superdry FY figures for 2019/20, Chloe Collins, Senior Retail Analyst at GlobalData, a leading data and analytics company, comments: “Superdry’s woes were amplified in its final quarter of FY2019/20, with the impact of the COVID-19 pandemic stifling the appetite for new clothing and footwear. While its CEO Julian Dunkerton has had […]

Medical Devices

Continued surges of COVID-19 may slow recovery progress for medical device manufacturers

At the recent Morgan Stanley Annual Global Health Conference, major players presented on their financial situation amid the COVID-19 pandemic. The recovery for major medical device market players is occurring faster than many had expected and mirrors the trend GlobalData has observed in its proprietary US hospital purchasing database. Stryker shared that it experienced a […]

Aerospace, Defense & Security

Lithium-ion batteries are potential game-changer in underwater applications

Lithium-ion batteries (LIBs) have the potential to be one of the best sources of power for Unmanned Underwater Vehicles (UUVs), torpedoes, and submarines, because their compact designs bring higher efficiency and strengthen reliability for underwater applications, says GlobalData, a leading data and analytics company. According to GlobalData’s report, ‘Lithium-ion Batteries for Underwater Applications-Thematic Research’, defense applications […]

Automotive, Business Fundamentals

Auto sector’s August sentiment score declined by 8% compared to July 2020 as companies struggle to keep up margins

The automotive sector’s August 2020 average earnings transcript sentiment score declined by 8% after showing promising improvements in July. The top gainers, in terms of sentiment score, were China Yuchai International Limited (CYI), Commercial Vehicle Group and Bayerische Motoren Werke (BMW), while the top losers were Adient, Martinrea International and Sypris Solutions, says GlobalData, a […]

Pharma

UK must not become complacent in its response to COVID-19 pandemic

A second spike of cases was seen in the UK at the start of August, and while the new daily cases are currently increasing at a lower rate than was seen in the first wave, precautionary measures must be taken to prevent them from increasing any further, says GlobalData, a leading data and analytics company. […]

Retail

John Lewis & Partners shows willingness to adapt but bonus wiped out by COVID-19

Following today’s release of John Lewis & Partners H1 figures for 2020/21, Sofie Willmott, Content Head of Apparel at GlobalData, a leading data and analytics company, comments: “Dame Sharon White has confirmed that John Lewis’ partners will not be paid a bonus this year, with the pandemic thwarting hopes of profitability for most retailers in […]

Retail

Next proves its resilience as it increases sales and profit guidance

Following today’s release of Next H1 figures for 2020/21, Emily Salter, Retail Analyst at GlobalData, a leading data and analytics company, comments: “Though a sobering set of results that illustrate the decimated demand for clothing & footwear due to COVID-19, Next’s H1 full-price sales growth exceeded expectations at -33.7%, and have continued to prove resilient with sales […]

Pharma

World Alzheimer’s Day: Biogen’s aducanumab submission to FDA could change disease landscape

World Alzheimer’s Day 2020 (21 September) serves as a timely reminder that drug development in this space is slow, as the Alzheimer’s disease (AD) drug market in its current form is marked by an overwhelming need for disease modifying therapies (DMTs) and a more diverse set of treatment options for patients who are experiencing cognitive […]

Retail

Waitrose quickly shedding unprofitable stores to raise the stakes online

Following today’s release of Waitrose & Partners H1 figures for 2020/21, Thomas Brereton, Senior Retail Analyst at GlobalData, a leading data and analytics company, comments: “Waitrose’s decision to close three stores (Ipswich Corn Exchange, Caldicot and Shrewsbury) and sell one more (Waitrose Wolverhampton to Tesco) is an unfortunate but necessary decision as it continues to […]

Power

Greece’s target of phasing out coal by 2028 is ‘highly optimistic’

Greece apportioned EUR5bn (US$5.9bn) to phase-out the use of coal by 80% by 2023, to reduce the nation’s carbon footprint. These are highly optimistic targets, particularly considering the fact that back in 2015 coal-based generation formed 41.6% of the generation mix. In 2019 this reduced to 27.9%, which, by 2030, if not entirely staged out, is […]

Automotive

Global light vehicle market on track for V-shaped recovery

The global light vehicle market is on track for a forecast recovery but remains well below pre-pandemic levels, according to the latest analysis by GlobalData, a leading data and analytics company. “Our analysis points to a slightly disappointing August result for the global vehicle market, but that followed a strong July,” says Calum MacRae, Automotive […]

Oil & Gas

Growing digitalization makes the oil and gas industry more vulnerable to cyberattacks

The oil and gas industry is increasingly relying on digital technologies to transform itself in the 21st century. As increasing volumes of data are being stored on networked servers, there is a higher probability of this data getting targeted by hackers, says GlobalData, a leading data and analytics company. GlobalData’s latest thematic report, ‘Cybersecurity in […]

Uncategorised

500 US companies file for bankruptcy and more expected

Amid the financial and economic crisis triggered by COVID-19, around 500 businesses have filed for bankruptcy since March 2020 and the trend is only set to persist in the coming months, says GlobalData, a leading data analytics company. Bindi Patel, Economic Research Analyst at GlobalData, says: “An increasing number of US companies are filing for […]

Technology

Apple poised to further dominate smartwatch market with compelling new features

Following Apple’s announcement of its latest Apple Watches – the Apple Watch Series 6 and the Apple Watch SE – on September 15; Lynnette Luna, Principal Analyst GlobalData, a leading data and analytics company, offers her view: “While Apple did not announce the long-awaited iPhone 12, it made some significant announcements pertaining to the Apple […]

Retail

Inditex showing strong signs of recovery following COVID-19 thanks to digital capabilities

Following today’s release of Inditex H1 figures for 2020/21, Chloe Collins, Senior Retail Analyst at GlobalData, a leading data and analytics company, comments: “Despite being a star performer in the global apparel market in recent years, like other fashion players, Inditex has been massively impacted by the COVID-19 pandemic, with net sales throughout H1 FY2020/21 falling […]

Power

Italian renewable industry expands future renewable development amid land constraints and commercial viability

The Italian Government is expanding the integration of renewables in its generation mix to create an infrastructure for supporting sustainable green generation, thereby tackling the issues of land constraints and making continuous strides in meeting the net carbon neutrality ambition by 2050. The constant decline in the development costs for offshore wind and floating solar […]

Technology

Verizon needs Tracfone to round out its wireless value proposition

Following the recent news that Verizon has agreed to acquire Tracfone from América Móvil in a deal valued at nearly $7bn; Tammy Parker, Senior Analyst at GlobalData, a leading data and analytics company, offers her view on the transaction: “Verizon has long needed a secondary brand and value proposition that it can use to serve […]

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US, China and India to be major markets for power transmission and distribution conductors over next four years

Poland will prove Iliad’s most challenging acquisition market to date

Hospitals must look to alternative methods to cope with N95 mask shortages due to COVID-19

Superdry’s turnaround plan halted as COVID-19 dampens clothing demand

Continued surges of COVID-19 may slow recovery progress for medical device manufacturers

Lithium-ion batteries are potential game-changer in underwater applications

Auto sector’s August sentiment score declined by 8% compared to July 2020 as companies struggle to keep up margins

UK must not become complacent in its response to COVID-19 pandemic

John Lewis & Partners shows willingness to adapt but bonus wiped out by COVID-19

Next proves its resilience as it increases sales and profit guidance

World Alzheimer’s Day: Biogen’s aducanumab submission to FDA could change disease landscape

Waitrose quickly shedding unprofitable stores to raise the stakes online

Greece’s target of phasing out coal by 2028 is ‘highly optimistic’

Global light vehicle market on track for V-shaped recovery

Growing digitalization makes the oil and gas industry more vulnerable to cyberattacks

500 US companies file for bankruptcy and more expected

Apple poised to further dominate smartwatch market with compelling new features

Inditex showing strong signs of recovery following COVID-19 thanks to digital capabilities

Italian renewable industry expands future renewable development amid land constraints and commercial viability

Verizon needs Tracfone to round out its wireless value proposition

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