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From shifting focus to value-added products to greater focus on transparency and traceability to building consumer’s trust and brand loyalty, the dairy sector in Asia-Pacific (APAC) has undergone a significant transformation over the past decade and it continues to evolve. As we are half way through 2019, new dairy trends lie further to embrace. Puneet […]
Global surgical energy instruments market set to reach US$14.5bn by 2028, says GlobalData
The global surgical energy instruments market is expected to grow at a compound annual growth rate (CAGR) of 5% to reach US$14.5bn by 2028, according to GlobalData, a leading data and analytics company. The company’s report: ‘Surgical Energy Instruments – General Surgery Market Analysis and Forecast Model’ reveals that the rising number of surgical procedures, […]
Policy support key for adoption of net metering and other smart grid technologies
The net metering market has grown significantly in the past five years, driven by simple installation procedures, favorable government policies and the affordability of rooftop solar photovoltaic (PV), according to GlobalData, a leading data and analytics company. GlobalData’s latest report: ‘Smart Grid Policy Handbook 2019’ reveals that solar PV is the most popular technology to […]
Susquehanna county drives natural gas production in Marcellus Shale in US, says GlobalData
Majority of the drilling and production activity in the Marcellus shale continues to take place in northeast and southwest of Pennsylvania, especially in Susquehanna and Washington counties, according to GlobalData, a leading data and analytics company. The company’s latest report, ‘Marcellus and Utica Shales in the US, 2019 – Gas Shales Market Analysis and Outlook […]
Despite Brexit, UK visitor numbers to Europe set to reach 64.4 million in 2023
UK departures to Europe are set to grow at a compound annual growth rate (CAGR) of 2.88% from 55.9 million in 2018 to 64.4 million in 2023, according to GlobalData, a leading data and analytics company. GlobalData’s latest report: ‘Tourism Source Market Insight: United Kingdom’ reveals that growth is set to continue, despite the threats […]
Key innovation trends in beverage sector to watch out for in APAC in 2019, according to GlobalData
The beverage sector has undergone a significant transformation over the past decade in line with changing consumer preferences. Sumit Chopra, Consumer Research Director at GlobalData, a leading data and analytics company, highlights six major innovation trends that are set to impact the production, marketing and sales of the beverage sector in Asia-Pacific (APAC) in 2019. […]
Investment in transport construction in Africa set to reach US$69bn in 2020
Investment in transport (road, bridges and railway) construction in Africa, is set for rapid growth from US$47.1bn in 2019 to US$69bn in 2020 (in nominal terms), based on projects being tracked by GlobalData, a leading data and analytics company. GlobalData’s latest report, ‘African Transport Networks’ reveals that growth in transport construction in Africa is being […]
Brazil leads global offshore crude and condensate production from new-build projects in 2025, says GlobalData
Brazil alone is expected to contribute around 18% or 1,455 thousand barrels per day (mbd) of global crude oil and condensate production from key offshore planned and announced projects (new-build projects) in 2025, according to GlobalData, a leading data and analytics company. The company’s report: ‘Production and Capital Expenditure Outlook for Key Planned and Announced […]
Introduction of instant payments system and rising adoption of contactless technology set to reduce cash dependency in Slovenia, says GlobalData
The launch of Slovenia’s first instant payments clearing system–RealTime24/7–by Slovenia-based payments company Bankart and Nordic payment processor Nets earlier this year is expected to drive electronic payments adoption and reduce consumers’ dependence on cash over the next five years, observes GlobalData, a leading data and analytics company. The company’s latest report, Payments Landscape in Slovenia: […]
Rooftop solar power generation scheme will help India reach solar mission target by 2022, says GlobalData
Following the recent announcement that the state government of Gujarat in India plans to launch a rooftop solar power generation scheme for slum areas, Mohit Prasad, Project Manager at GlobalData, a leading data and analytics company, offers his view on what this means for solar PV installations in India: “GlobalData forecasts solar PV installation in […]
Renewable capacity in Brazil to exceed 60GW in 2030
The overall renewable power capacity (excluding small hydropower) in Brazil is expected to grow at a compound annual growth rate (CAGR) of 6% from 31 gigawatt (GW) in 2018 to 60.8GW in 2030, according to GlobalData, a leading data and analytics company. GlobalData’s latest report: ‘Brazil Power Market Outlook to 2030, Update 2019 – Market […]
Almost 60% of the US construction project pipeline value is concentrated in 10 major states
Based on data from over *11,000 tracked large-scale country wide construction projects, GlobalData, a leading data and analytics company, finds that 10 major US states account for nearly 60% of the total US construction project pipeline value (US$3.7 trillion). GlobalData’s latest report: ‘Project Insight – Construction in Key US States’ reveals that, California, Texas and […]
GlobalData presents growth snapshot of top 25 publicly-traded global banks by revenue in 2018
GlobalData analyzed the year-on-year (YoY) change and compound annual growth rate (CAGR) of the publicly-traded global banks over the past five years in revenue (interest income + non-interest income), net profit and total assets, and ranked them based on their latest revenue. IMAGE FOR PUBLICATION: Please click here for enlarged chart Of the top 25 […]
Bid to snap up top talent in autonomous driving software continues with Apple’s Drive.ai deal
Apple’s decision to acquire Silicon Valley start-up Drive.ai this week is a reminder of the market shock facing carmakers if they fail to react to the disruptive threat posed by autonomous vehicles. Although how much Apple is paying for Drive.ai is undisclosed, what is clear is the extent to which Apple will benefit talent-wise from […]
Fonterra Future Dairy launches Dreamery brand to strengthen its footprint in value-added dairy product space in India, says GlobalData
Following the recent news that Fonterra Future Dairy, the joint venture between the New Zealand-based dairy nutrition company Fonterra and the Future Group, has unveiled dairy brand Dreamery in India, Sumit Chopra, Consumer Research Director at GlobalData, a leading data and analytics company, offers his views: “The launch of dairy brand Dreamery is in line […]
Bristol-Myers Squibb’s plans to divest Celgene’s Otezla after $74Bn merger deal shows the company’s confidence in their psoriasis pipeline TYK2 drug
Following the recent news that Bristol-Myers Squibb (BMS) will divest Celgene’s Otezla to close the merger deal between the two companies; Vikesh Devlia, PhD, Immunology Analyst at GlobalData, a leading data and analytics company, offers his view: ‘‘Bristol-Myers Squibb’s Phase II pipeline drug, BMS-986165, a Tyrosine-protein Kinase 2 (TYK2) inhibitor, is yet to be approved […]
US tops cross border M&A activity in CPG sector in 2018 despite growing concerns, says GlobalData
The US registered the highest outbound as well as inbound mergers and acquisitions (M&A) investment volume and value in the consumer packaged goods (CPG) sector in 2018, despite growing concerns over protectionism, trade wars and heightened regulations, finds GlobalData, a leading data and analytics company. M&A Outbound Out of the top 10 positions in terms […]
Salesforce’s $15.7bn Tableau acquisition highlights big data as key theme
The importance of big data as a key theme driving merger and acquisition (M&A) activity has been highlighted by Salesforce’s recent purchase of data visualization specialist Tableau for $15.7bn. It followed soon after Google bought another analytics company, Looker, in early June for $2.6bn. Ed Thomas, Principal Analyst in GlobalData’s Technology Thematic Research team, commented, […]
Number of luxury hotels in the US to reach 1,123 by 2022
The US will have 1,067 luxury hotels by the end of 2019. This is expected to increase to 1,123 by 2022, at a compound annual growth rate (CAGR) of 1.7%, driven by increasing numbers of Chinese tourists, says GlobalData, a leading data and analytics company. GlobalData’s latest report: ‘Destination Market Insights: US’ states that although […]
Bombardier’s sale of commercial aircraft division to Mitsubishi Heavy Industries is part of larger trend, says GlobalData
Following the news on 25th June 2019 that Japan-based Mitsubishi Heavy Industries has agreed to buy Bombardier’s Canadair Regional Jet (CRJ) aircraft program for US$550m, Nicolas Jouan, Aerospace, Defense & Security Analyst at GlobalData, offers his view: “Bombardier’s emblematic CRJ regional jets series has been one of the most successful in the world since its […]