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Türkiye boasts one of the world’s most rapidly expanding energy markets, driven by its robust economic growth. However, the country relies heavily on fossil and electricity imports to meet its domestic power demand. To reduce this dependency, the country is looking to expand is renewable capacity. In October 2024, Türkiye’s Ministry of Energy unveiled its […]
Australia payment card market to grow by 5.2% in 2025, forecasts GlobalData
The Australian payment card market (including at POS and ATM cash withdrawals) is expected to grow by 5.2% to reach AUD1.2 trillion ($804.7 billion) in 2025e, supported by constant consumer shift towards non-cash payments, forecasts GlobalData, a leading data and analytics company. GlobalData’s Payment Card Analytics reveals that card payments value (including payments at physical […]
Rising obesity cases in India present significant growth opportunities for both foreign and domestic companies, says GlobalData
Obesity is a growing public health concern in India, impacting individuals of all ages and increasing the risk of chronic diseases such as diabetes, heart disease, and hypertension. Driven by unhealthy diets, sedentary lifestyles, and environmental factors, obesity is rising rapidly, impacting both urban and rural populations. This trend is driving market growth, particularly within […]
Under Armour YouTube ads emphasize performance, resilience, and aspirational journeys to connect with diverse athletes, reveals GlobalData
Under Armour Inc’s YouTube advertising campaigns from March to May 2025 emphasize the brand’s commitment to athletic excellence, resilience, and personal growth, targeting aspiring athletes and sports enthusiasts. They highlight the importance of hard work, teamwork, and overcoming doubt, effectively linking Under Armour’s high-performance apparel and footwear to the journey of athletes striving for greatness, […]
China to drive global propylene capacity additions through 2030, says GlobalData
China is poised to significantly expand its propylene production capacity by 2030, backed by strong demand for propylene derivatives such as polypropylene and propylene oxide in the building, packaging, and construction industries. Accounting for over 40% of the expected capacity additions worldwide by 2030, China is positioning itself as the dominant player in the global […]
Abbott and Medtronic best positioned manufacturers in US neurology market, says GlobalData
As US tariff policies evolve in 2025, neurology device manufacturers face rising cost pressures and growing uncertainty over production strategy. However, Abbott and Medtronic are best positioned among top competitors, with majority of their 510(k)-approved neurology devices manufactured exclusively in the US, respectively, according to the MedSource Database of GlobalData, a leading data and analytics […]
Philippines’ annual renewable power generation to reach 69.4TWh in 2035, forecasts GlobalData
The Department of Energy in the Philippines has established an ambitious objective of attaining 35% renewable energy generation by 2030. Furthermore, the country is on a path to install 15GW of clean energy by the same year. It has also set a target of achieving 50% renewable energy generation by 2040. Against this backdrop, annual […]
US cardiovascular device market under threat from tariffs, says GlobalData
US medical device companies continue to face uncertainty and instability as President Donald Trump’s tariffs continue to disrupt the market. Major manufacturers are currently most concerned with supply chain interruptions and cost increases, leading to constant adjustments of company forecasts. Cardiovascular devices are especially vulnerable to the impacts of tariffs, as many of these devices […]
GlobalData highlights impact of US tariffs on medical robotics industry
The US government’s imposition of new tariffs in 2025 marks a significant shift in trade policy that has wide-reaching implications across multiple sectors, including healthcare. Among the most affected segments is the medical robotics industry, a high-growth field that blends precision engineering, artificial intelligence (AI), and life-saving applications in surgery and diagnostics. While tariffs are […]
Danone Mexico’s advertisements drive wellness and lifestyle integration for consumers, reveals GlobalData
Danone Mexico’s YouTube advertising campaigns from June 2024 to May 2025 focused on promoting health, streamlining utility, and fostering community engagement across its dairy and nutritional product lines. The advertisements depict daily family scenarios and highlight offerings with natural ingredients and reduced sugar to connect with health-aware consumers. The campaigns also emphasize children’s nutrition and […]
Czech Republic’s power capacity to reach 32.6GW in 2035, forecasts GlobalData
The Czech Republic boasts one of the lowest levels of power import dependence in Europe, thanks to its substantial reserves of hard coal. Nevertheless, the nation is committed to phasing out coal by 2033 and is in the process of establishing a comprehensive framework to support an inclusive transition. This transition is catalyzing investments in […]
Merck’s Enflonsia to gain competitive advantage in paediatric RSV prophylaxis market with lack of weight-based dosing, says GlobalData
Merck’s Enflonsia (clesrovimab) has received FDA approval for the prevention of respiratory syncytial virus (RSV) lower respiratory tract disease (LRTD) in newborns and infants born during or entering their first RSV season. Enflonsia is a long-acting monoclonal antibody (mAb) that can provide protection through a typical 5-month RSV season with a 105mg dose, regardless of […]
Liquid Glass shines, but AI shortfalls divide influencers opinion at WWDC 2025, reveals GlobalData
Apple Inc has introduced iOS 26 and macOS Tahoe 26 with “Liquid Glass” user interface (UI) at the ongoing Worldwide Developer Conference (WWDC) 2025. While some influencers are appreciating the Cupertino-based tech giant for introducing on-device LLMs and AI features like intelligent shortcuts in iOS 26, others feel underwhelmed by the limited AI progress, especially […]
Trump’s move to transform US pharma manufacturing raises doubts over its effectiveness, says GlobalData
In a bold move to reshape the landscape of pharmaceutical manufacturing in the US, President Donald Trump has signed an executive order on May 5 aimed at streamlining regulatory hurdles for domestic producers while tightening the reins on foreign manufacturers. This directive, which instructs the FDA to expedite the approval process for US pharmaceutical facilities, […]
Apple’s WWDC 2025 focuses on streamlined interfaces, AI integration, and future of edge intelligence, says GlobalData
Following the news that US tech giant Apple Inc’s Worldwide Developers Conference (WWDC) 2025 began on 9 June 2025; Anisha Bhatia, Senior Technology Analyst at GlobalData, a leading data and analytics company, offers her view: “Apple did what Apple does best – simplifying user interfaces for daily use and enhancing the seamless integration and uniform […]
Cyberattack could have cost M&S up to £130m in online apparel sales so far, says GlobalData
Following Marks & Spencer resuming online orders after its cyberattack: Pippa Stephens, Senior Apparel Analyst at GlobalData, offers her view: “Marks & Spencer’s (M&S) resumption of online orders across select fashion products following a cyberattack will be a welcome relief for shoppers, with many holding off on purchases for almost seven weeks due to its […]
BYD’s growth hinges on EV demand stability and financial transparency, says GlobalData
Following the news that China-based electric vehicle (EV) giant BYD Co Ltd is under scrutiny as its rapidly rising accounts payables raise concerns over a potential hidden debt burden; Murthy Grandhi, Company Profiles Analyst at GlobalData, a leading data and analytics company, offers his view: “BYD posted record 2024 results with revenues of $108.1 billion […]
Pulsed field ablation devices face growth challenges as US tariffs disrupt cardiovascular market, says GlobalData
The US cardiovascular devices market is facing growing challenges as President Trump’s tariffs disrupt global supply chains and worsen international relations. Particularly, pulsed field ablation (PFA) devices, often manufactured abroad for cost, efficiency, and material access, are now subject to higher tariffs. This disruption could slow the significant growth seen in the sector in recent […]
Global digital twins market will be worth $154 billion in 2030, forecasts GlobalData
Digital twins are increasingly transforming industries such as manufacturing, healthcare, and aerospace, offering solutions to optimize operations, improve efficiency, and enable predictive capabilities across various sectors. Against this backdrop, the global digital twins market is expected to grow at a compound annual growth rate (CAGR) of 35.6% from $5 billion in 2019 to $154 billion […]
Renewables to account for over half of Brazil’s annual power generation in 2035, forecasts GlobalData
Brazil generates power from a diverse range of sources that include thermal sources (gas, oil, and coal), hydropower, nuclear, and renewable. Hydropower accounts for the majority of the country’s annual power generation. However, overdependence on hydropower has made the country vulnerable to droughts. To overcome the challenge, the country is rapidly developing its renewable power […]