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Asia is forecast to be the major contributor to the growth of the global petrochemical industry by 2030, accounting for around 49% of the global planned and announced petrochemical capacity additions, according to GlobalData, a leading data and analytics company. The company’s report: ‘H1 2019 Global Petrochemicals Capacity and Capital Expenditure Outlook – Asia and […]
Kyocera and LO3’s blockchain managed virtual power plant can transform Japan’s energy market, says GlobalData
Following the recent news that Japan-based Kyocera and New York-based LO3 Energy are testing the feasibility of a blockchain technology managed virtual power plant (VPP) at Kyocera’s Yokohama Nakayama Office in Kanagawa Prefecture in Japan, Arkapal Sil, Power Analyst at GlobalData, a leading data and analytics company, offers his view on the significance of this […]
Bavencio and Talzenna’s trial discontinuation points to stark future in ovarian cancer, says GlobalData
Following the news on March 19, 2019 that Merck KGaA and Pfizer have discontinued the ongoing Phase III JAVELIN Ovarian PARP 100 study for previously untreated advanced ovarian cancer, Paul Jeng, Pharma Analyst at GlobalData, a leading data and analytics company, offers his view on Talzenna (talazoparib) in ovarian cancer: “The combination of Bavencio and […]
Non-invasive prenatal testing expected to challenge maternal serum screening tests market to 2028, says GlobalData
The global market value for maternal serum screening tests, currently estimated at USD$388.37m, is expected to decline slightly between 2018 and 2028, to USD$385.52m, at a Compound Annual Growth Rate (CAGR) of -0.07%, due to the rising popularity of non-invasive prenatal testing (NIPT), and its continued adoption within key markets, says GlobalData, a leading data […]
Political uncertainties hover on Ukraine’s gas investment drive, says GlobalData
Ukraine is organizing a series of licensing rounds for 2019 with the goal of increasing its gas production, but the political risks linked to the imminent presidential elections raise the possibility of further fiscal and regulatory changes and may reduce the attractiveness for international oil companies, says GlobalData, a leading data and analytics company. The […]
Global steam generators for nuclear power market to grow modestly to reach $1.02bn in 2026
The global market for nuclear power steam generators is projected to grow marginally to reach $1.02bn in 2026, growing at a compound annual growth rate (CAGR) of 0.5% between 2019 and 2026, according to GlobalData, a leading data and analytics company. The market for steam generators will be dominated by new installations; however replacements will witness […]
Asia-Pacific and EMEA will drive the high voltage circuit breakers market over the next four years, says GlobalData
The global market for high voltage circuit breakers (HVCBs) is set to grow at a compound annual growth rate (CAGR) of 5.24% between 2019 and 2023, reaching $4.35bn in 2023. Asia-Pacific (APAC) and EMEA will be the dominant markets for HVCBs over the forecast period, according to GlobalData, a leading data and analytics company. The […]
Purchasing household insurance directly from providers is losing ground to competitors, says GlobalData
The share of UK consumers that purchased contents insurance online via a smartphone or tablet increased from 2.5% in 2016 to 16.0% in 2018 according to GlobalData, a leading data and analytics company. The increase was even larger for those purchasing buildings insurance with an increase from 3.0% in 2016 to 30.4% in 2018. The company’s […]
Germany edges past UK in list of top European VC funded emerging tech firms in 2018, says GlobalData
For decades, the UK acted as a magnet for capitalists and investors in Europe. However, there are signs that the scenario is changing as venture capitalists (VC) are closing the gap between the UK and rest of Europe with two German startups occupying the first two positions in the list of top five VC funded […]
Future of drug-coated devices in peripheral interventions put into question after FDA preliminary review, says GlobalData
Following the news that the FDA recently announced that its preliminary review of long-term follow-up data of people with peripheral artery disease being treated by paclitaxel-coated devices, compared with bare devices, revealed a “potentially concerning signal” of increased risk of mortality rates, Sheryl Tang, Medical Devices analyst at GlobalData offers her view: “GlobalData estimates that […]
India and US nuclear power plant agreement a win-win for both, says GlobalData
Following the recent news that India and the US have signed an agreement to build six nuclear power plants in India, Arkapal Sil, Power Analyst at GlobalData, a leading data and analytics company, offers his views on the significance of this decision and what it means for the US and Indian nuclear industries: “The agreement […]
3D Printing is a potential game changer for global power market, according to GlobalData
One of the most innovative and disruptive technological advancements that will transform the global power industry is 3D printing (Additive Manufacturing), says GlobalData, a leading data and analytics company. Recently, additive manufacturing (AM) has found its application in different sectors of the power industry, both in building prototypes and in main stream production leading to […]
Low value deals account for dominant share in VC investments in AI space, says GlobalData
Low value deals (investment <=$10m) accounted for a dominant share in venture capital (VC) investments in the artificial intelligence (AI) tech space during 2018. However, the number of high value deals (investment >$100m) also witnessed consistent increase across all the quarters, according to GlobalData, a leading data and analytics company. The number of VC deals […]
China dominates list of top five VC funded AI companies in 2018, finds GlobalData
Despite skepticism over Chinese firms seeking partnerships or investments in the US and Europe, there are more venture capital (VC) investments in Chinese artificial intelligence (AI) startups than in their US counterparts, according to GlobalData, a leading data and analytics company. An analysis of GlobalData’s Financial Deals Database reveals that China accounted for three of […]
DRC Ebola outbreak shows vaccine limitations in overcoming non-clinical obstacles to control infectious diseases, says GlobalData
Following comments from CDC director Robert Redfield (Friday 15 March) that establishing control over the ongoing Ebola outbreak in the Democratic Republic of the Congo (DRC) could take up to a year or longer, Christopher J. Pace, Director of Infectious Diseases at GlobalData, a leading data and analytics company, offers his view on the challenges […]
Top five innovation trends in consumer industry to watch out for in APAC in 2019, according to GlobalData
The fast-moving consumer goods (FMCG) sector has undergone a significant transformation over the past decade and it continues to evolve. Sumit Chopra, Consumer Research Director at GlobalData, a leading data and analytics company, highlights top five innovation trends that are going to impact the production, marketing and sales of consumer goods in Asia-Pacific (APAC) in […]
Electrophysiology catheters global market set to reach $3.9bn by 2028, says GlobalData
The global electrophysiology catheters market is expected to reach $3.9bn by 2028, growing at a compound annual growth rate (CAGR) of 4.1%, according to GlobalData, a leading data and analytics company. The company’s reports, ‘Electrophysiology Ablation Catheters – Cardiovascular Market Analysis and Forecast Model’ and ‘Electrophysiology Diagnostic Catheters – Cardiovascular Market Analysis and Forecast Model’ […]
Leadership transition may slow Kazakh oil reforms and IPO, says GlobalData
Following the announcement on March 19 2019 that Kazakhstan’s President Nazarbayev will step down, Will Scargill, Senior Oil & Gas Analyst at GlobalData, a leading data and analytics company, offers his view on the effect on the country’s oil and gas industry: ‘‘The political transition process will likely slow the ongoing reform process in the […]
Phase III failure for Pollinex Quattro Birch puts Allergy Therapeutics in a precarious position for long-awaited US expansion, says GlobalData
On 18 March 2019, Allergy Therapeutics announced that its Phase III pivotal trial for Pollinex Quattro (PQ) Birch, an ultra-short course birch pollen allergen immunotherapy, failed to meet the primary endpoint of a statistically significant difference between active and placebo arms in the combined symptom and medication score (CSMS) averaged over peak birch pollen season. […]
Economic recovery to continue across Eurozone metropolitan areas, says GlobalData
Ten years after the outbreak of the Eurozone sovereign debt crisis (2009-2012), most of the top metropolitan areas in Europe have shown signs of economic recovery, but were at different stages of the recovery path by the end of 2018, according to GlobalData, a leading data and analytics company. The company’s latest research reveals that […]