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The Indian state of Telangana is renowned as a hub for the country’s pharmaceutical industry, accounting for 35–40% of national pharma production, and its position will strengthen with the completion of Hyderabad Pharma City, which is currently under construction. Telangana and Andhra Pradesh, both of which are central-south states, have the most pharma CMO manufacturing […]
US set to contribute 85% of North America’s liquids storage capacity growth by 2023
The US is set to drive most of the liquids storage capacity growth in North America with its planned and announced (new-build) terminals, contributing around 85% of the regions’ total growth between 2019 and 2023, says GlobalData, a leading data, and analytics company. The company’s report, Liquids Storage Industry Outlook in North America to 2023 […]
FDA rejection of Breztri Aerosphere strains AstraZeneca’s competitive edge in COPD
Following the recent announcement (Tuesday 1 October) that the Food and Drug Administration (FDA) has issued a complete response letter for the New Drug Application (NDA) for PT010 (budesonide/glycopyrronium/formoterol fumarate); Paul Jeng, Senior Pharma Analyst at GlobalData, a leading data and analytics company, offers his perspective: “In an attempt to close the gap with chief […]
European OEMs face potential CO2 penalties totaling €24bn as de-dieselization bites
The current backlash against diesel, also known as de-dieselization, has resulted in consumers regarding Euro 6 engines, that meet all the latest emission requirements, being considered as bad for air quality as a Euro II diesel. Additionally, some cities have introduced legislation to place restrictions on the use of diesel vehicles, while others are planning […]
UK telcos support government’s ambitions of deploying 15 million ultrafast fiber connections
The UK government has aims to build a full-fiber network connecting 15 million premises by 2025 and to deliver nationwide fiber-to-the-premises (FTTP) by 2033. It plans to do this by promoting investment and encouraging a competitive environment for fiber deployment and infrastructure. Full-fiber in the UK is needed to support consumers’ growing dependence and demand […]
Nigeria to account for 50% of Africa’s crude distillation unit capacity growth by 2023
Nigeria is set to drive refinery crude distillation unit (CDU) capacity growth in Africa with its planned and announced (new-build) refineries expected to contribute around 50% of the continent’s total growth between 2019 and 2023, says GlobalData, a leading data and analytics company. The company’s report, ‘Refining Industry Outlook in Africa to 2023 – Capacity […]
Global 5G subscriptions will reach 1.5 billion by 2024, says GlobalData
The Asia Pacific will be the largest 5G region in terms of subscriptions by 2024 with 954 million, followed by North America and Europe with 254 million and 242 million, respectively. Whereas, Africa, the Middle East and Latin America regions will be slower to adopt 5G, according to GlobalData, a leading data and analytics company. The […]
Telecom companies to play a more pivotal role in gaming industry
The gaming industry is moving to an as-a-service business model where customers can immediately purchase and play games without the need for equipment such as consoles. In response, industry players such as phone companies are shifting their offers towards cloud gaming and streaming services, according to GlobalData, a leading data and analytics company. GlobalData’s latest […]
Saudi Arabia must ensure benefits of change are inclusive with the opening of the tourism sector
Following the news (Friday 27 September) that Saudi Arabia has introduced reforms to its visa regulations and dress-code restrictions for women to encourage foreign tourists; Richard Thompson, Editorial Director at GlobalData, a leading data and analytics company, offers his view on Saudi Arabia’s tourism market: “The opening up of Saudi Arabia’s tourism market to international visitors […]
Biogen’s new trial may score a win for late-onset SMA patients
Following the news that Biogen will initiate a new clinical trial DEVOTE that will evaluate higher doses of Spinraza; Vinie Varkey, Senior Neurology and Ophthalmology Analyst at GlobalData, a leading data and analytics company, offers her view on the implications of this trial for the spinal muscular atrophy (SMA) market: “The results of this trial, […]
Potential first-in-class CMV therapeutic TAK-620 set to reach global sales of $7.1m by 2027
Following the publication (Wednesday 25 September) of new Phase II data for Takeda’s TAK-620 (maribavir) as treatment for cytomegalovirus (CMV) infections in recipients of hematopoietic cell or solid organ transplant; Paul Jeng, Senior Pharma Analyst at GlobalData, a leading data and analytics company, offers his perspective: “TAK-620 performed favorably in virus clearance compared to the […]
EU’s top court ruling for Google exposes varied gaps in guaranteeing data privacy
Following the recent news that the European court of Justice decided in favour of Google, in a long-standing debate about the limitations of the so-called ‘Right to be forgotten’; Emma Mohr-McClune, Service Director at GlobalData, a leading data and analytics company, offers her view on the ruling: “This ruling, and all of the preceding rulings […]
British Airways negotiating position weakened by strike’s financial impact
Following today’s announcement (Thursday 26 September) by British Airways’ (BA) that this month’s two-day strike called by pilots in a dispute over pay and conditions have cost €137 million; Nick Wyatt, Head of Research and Analysis for Travel & Tourism at GlobalData, a leading data and analytics company, offers his view on the situation: “BA’s […]
North America to contribute 82% of global LNG liquefaction capacity additions by 2023
North America is expected to drive global liquefied natural gas (LNG) liquefaction capacity growth through planned and announced (new-build) projects between 2019 and 2023, contributing around 82% of the total growth, according to GlobalData, a leading data and analytics company. The company’s report, ‘H2 2019 Global Capacity and Capital Expenditure Outlook for LNG Liquefaction Terminals […]
Fuel-saving tech and e-axles will keep profitable SUVs on sale as emissions rules tighten
Consumers across the world are flocking towards sport utility vehicles (SUVs) and away from traditional sedans, wagons and hatchbacks, says GlobalData, a leading data and analytics company. GlobalData’s latest report, ‘The Rise of the SUV‘, found that the market share of SUVs in the US jumped from less than 45% in 2012 to nearly 65% […]
Onshore and offshore installations of wind turbine towers to grow by 0.8% and 23.9% to 2023
The wind turbine towers market is expected to grow at a compound annual growth rate (CAGR) of 2.9% between 2019 and 2023. Favorable government policies and growing environmental concerns are underscoring the growth in the wind power market, according to GlobalData, a leading data and analytics company. During the forecast period the onshore market will […]
Thomas Cook collapse down to failure to understand its own industry
Following the recent news (Monday 23 September) that Britain’s oldest travel agent has collapsed; Cyrus Mewawalla, Head of Thematic Research at GlobalData, a leading data and analytics company, offers his view on what caused the travel company’s demise: “Travel company Thomas Cook’s collapse is a direct result of the company’s failure to understand the disruptive […]
Gazprom to lead global gas processing capacity additions by 2023
Gazprom is expected to lead new-build gas processing capacity additions in the global gas processing industry from planned and announced (new-build) projects between 2019 and 2023, contributing around 13% to global gas processing capacity growth by 2023, according to GlobalData, a leading data and analytics company. The company’s report, ‘Global Capacity and Capital Expenditure Outlook […]
Thomas Cook’s ‘devastating’ collapse a warning to other tourism operators as online sales continue to grow
Following today’s news (Monday 23 September) that one of the largest and oldest travel brands is now going into a devastating collapse, this will truly shake and threaten other travel operators within the tourism industry; Nick Wyatt, Head of Research and Analysis for Travel and Tourism at GlobalData, a leading data and analytics company, offers […]
Biotronik sets high expectations for MDR certification among European medical device manufacturers
Following the recent news (Wednesday 18 September) that Biotronik has obtained European Medical Device Regulation (MDR) certification for a Class III (highest risk) medical device; Ashley Young, PhD, Medical Analyst at GlobalData, a leading data and analytics company, offers her view on the implications of this certification: “Biotronik becoming the first medical device manufacturer to […]