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Asia and the Middle East are set to lead the global styrene-butadiene-rubber (SBR) production capacity as they are poised to see moderate growth over the next five years, potentially increasing from a collective 8.14 million tonnes per annum (mtpa) in 2018 to 8.67mtpa in 2023 and registering a total growth of 7%, says GlobalData, a […]
Nigeria to drive global refinery CDU industry contributing 13% of new-build capacity growth by 2023
Nigeria is expected to drive new-build crude distillation unit (CDU) capacity growth in the global refinery industry from planned and announced (new-build) projects during the outlook period 2019 to 2023, contributing around 13% of global CDU capacity growth by 2023, according to GlobalData, a leading data and analytics company. The company’s report, ‘H2 2019 Global […]
Banks risk losing Hong Kong customers if they take a stance on the country’s protests
Following the news that HSBC, Standard Chartered and Bank of East Asia may face potential consumer backlash in Hong Kong after the companies spoke out against the recent violent protests in the country; Katherine Long, Banking Analyst at GlobalData, a leading data and analytics company, offers her view: “It is not surprising that Hong Kong […]
$54bn wearable tech industry offers immense opportunity for healthcare by 2023
Wearables have the potential to transform healthcare through the ability to remotely measure and analyse patient data in real-time. As the technology becomes more disease-specific with therapeutic and diagnostic capabilities it will ultimately lower costs and increase efficiencies, says GlobalData, a leading data and analytics company. In 2018, the wearable tech market was worth nearly […]
Bakken shale production growth will be constrained by flaring restrictions and infrastructure bottlenecks
There is considerable potential to raise the crude oil production in the Bakken shale play from the current level of approximately 1.44 million barrels of oil per day (mmbd) to at least 2 mmbd. However, flaring regulations and infrastructure bottlenecks in North Dakota are limiting production growth, according to GlobalData, a leading data and analytics […]
Over 72% of Germany’s power needs to be met by non-hydro renewable energy by 2030
The share of renewables in Germany reached 53.4% of the country’s power capacity mix in 2018 and is expected to reach 72.7% by 2030, with non-hydro renewable energy expected to meet the country’s future power demand after nuclear and coal is phased out, according to GlobalData, a leading data and analytics company. GlobalData’s latest report, ‘Germany […]
Renewables to represent 30% of US total installed capacity by 2030
The contribution of renewable power to total installed capacity in the US is expected to double from 15% in 2018 to 30% by 2030, reaching a total of 442.8 gigawatt (GW). Representing a compound annual growth rate (CAGR) of 7.3%, this projection can be attributed to more states adopting and updating renewable energy policies, as […]
Global allergic rhinitis immunotherapy market set to reach $1.14bn by 2028 driven by growth in the US and Japan
The Allergic Rhinitis (AR) Allergen Specific Immunotherapy (ASIT) market is expected to grow from $901m in 2018 to $1.14bn in 2028 across the seven major markets (7MM*) at a modest compound annual growth rate (CAGR) of 2.3%, according to GlobalData, a leading data and analytics company. The company’s latest report: ‘Allergic Rhinitis Immunotherapy: Opportunity Analysis […]
Nursing home population in the 7MM, a high risk group for RSV infections, set to grow by 24% to 6.2m people by 2028
Respiratory syncytial virus (RSV), a common respiratory infection in children, has increasingly been identified as a leading cause of respiratory disease in the elderly. GlobalData, a leading data and analytics company, in their latest report, ‘GlobalData (2019). RSV – Epidemiology Forecast Report to 2028, July 2019’, reveals that the elderly group at risk for RSV […]
Undiagnosed cases contribute substantially to the burden of allergic rhinitis
The 12-month diagnosed prevalent cases of Allergic Rhinitis (AR) in the seven major markets (7MM*) are expected to increase, from 76.5 million cases in 2018 to 77.8 million cases by 2028, at an annual growth rate (AGR) of 0.17%, according to GlobalData, a leading data and analytics company. The company’s latest report: ‘Allergic Rhinitis – Epidemiology […]
Intel is a leading company in GlobalData’s cybersecurity theme for the servers, storage, and networking sector
Intel is a leading company in the cybersecurity theme, according to the latest Thematic Scorecard for the servers, storage, and networking sector from GlobalData. Intel gained the highest Thematic score (5 out of 5) for the cybersecurity theme in GlobalData’s Thematic Scorecard for the servers, storage, and networking sector. A Thematic score of 5 out […]
Apple and Airbnb are among the leading ecommerce companies in GlobalData’s Generation Hashtag theme
Apple, Airbnb, and Uber are among the leading ecommerce companies in the Generation Hashtag theme, according to the latest Thematic Scorecard from GlobalData. Generation Hashtag refers to anyone born between 1991 and 2005. The demographic incorporates both younger Millennials and older members of Generation Z. The three companies gained the highest Thematic score (5 out […]
Google and Continental are among the leading companies in GlobalData’s autonomous vehicles theme for the industrial automation sector
Google, Continental, and Aptiv are the leading companies in the autonomous vehicles theme, according to the latest Thematic Scorecard for the industrial automation sector from GlobalData. The three companies gained a Thematic score of 5 out of 5 for the autonomous vehicles theme in GlobalData’s Thematic Scorecard for the industrial automation sector. A Thematic score […]
IBM and Rockwell Automation are among the leading industrial automation companies in GlobalData’s robotics as-a-service theme
IBM, Rockwell Automation, and Google are among the leading industrial automation companies in the robotics-as-a-service (RaaS) theme, according to the latest Thematic Scorecard for the industrial automation sector from GlobalData. RaaS is closely tied to the Industrial Internet, which is driving advances in automation. All of the leading robot manufacturers have implemented cloud connectivity, enabling […]
Amazon and Google are among the leading companies in GlobalData’s AI theme for the servers, storage, and networking sector
Amazon, Google, Intel, and Nvidia are the leading companies in the artificial intelligence (AI) theme, according to the latest Thematic Scorecard for the servers, storage and networking sector from GlobalData. The four companies gained the highest Thematic score (5 out of 5) for the AI theme in GlobalData’s Thematic Scorecard for the servers, storage, and […]
Generation Hashtag is reshaping the world, says GlobalData
The priorities and preferences of Generation Hashtag – which includes anyone born between 1991 and 2005 – are reshaping the corporate world, according to GlobalData, a leading data and analytics company. The company’s latest report: ‘Generation Hashtag – Thematic Research’ argues that the demographic makes up a quarter of the world’s population and its influence will […]
Stopping cruise ships docking in Venice city center will have a limited impact and move overtourism to new areas
Following the recent news that Venice will stop cruise ships weighing more than 1,000 tons docking in its historic center; Ralph Hollister, Associate Tourism Analyst at GlobalData, offers his view on whether this measure will achieve the aim of protecting the city’s centuries-old buildings: “Rerouting cruise ships away from Venice’s center will give local residents […]
Further consolidation expected as mattress brands struggle to differentiate themselves
Following today’s news (Monday 12 August) that Eve Sleep and Simba have entered initial talks about a merger. Matt Walton, Senior Retail Analyst at GlobalData, a leading data and analytics company, offers his view on what this means for the online mattress market: “The news that Eve Sleep and Simba have entered preliminary talks about […]
Huawei’s move towards IoT capabilities is smart, but it will need to offer a lot of incentive to convince developers to adopt the platform
Following today’s news (Friday 9th August) that Huawei has announced a new operating system (OS); Lynnette Luna, Technology Analyst at GlobalData, a leading data and analytics company, offers her view: “Huawei is smart to position this device as an enabler for internet of things (IoT). No one operating system (OS) is dominating there, and there is a […]
Higher carbon allowances weighed on Uniper profits, operational performance is crucial in H2 2019
Following the release of Uniper SE’s first half 2019 results; Ankit Mathur, Practice Head of Power at GlobalData, a leading data and analytics company, offers his view: “Uniper SE has revealed that first-half adjusted earnings before interest and tax (EBIT) fell 49% to €308 million (£283.8 million), compared to last year’s figure of €601 million. […]