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27 Feb 2020  |  South Asia, Middle East & North Africa  |  Market Outlook
GCC Metal Industry Outlook, 2020
Non-oil Economic Diversification Policies, Localization Drives, and Growing Consumerism will Boost Growth in the Ferrous and Non-ferrous Industries in 2020
The year 2020 is anticipated to be a step forward for the Gulf Cooperation Council (GCC) region's effort towards non-oil diversification and manufacturing sector growth. The nascence of the metal downstream industry has led to import dependency in the GCC. Government initiatives towards the development of the downstream metal industry have resu...
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28 Apr 2023  |  South Asia, Middle East & North Africa  |  Market Research
Saudi Arabia—Socioeconomic Transformation and Growth Drivers, 2030
Transformative Mega Trends in Green Energy, Manufacturing, and Digitalization will Support Economic Diversification
This research service provides a snapshot of the Saudi Arabian economy by examining the country’s growth conditions and key policies. Following a steep economic contraction in 2020 on account of the COVID-19 pandemic, Saudi Arabia recorded a rebound of around 8.7% in 2022. Robust growth in non-oil sectors such as manufacturing, transport, governmen...
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17 Apr 2020  |  South Asia, Middle East & North Africa  |  Market Outlook
Growth Opportunities for KSA Healthcare Industry, Forecast to 2020
The Extent of Privatization, Localization, and Digitalization will Determine the Future of the KSA Healthcare Market
Amid the volatility in oil prices and dampened global economic growth due to the outbreak of COVID-19, the Kingdom of Saudi Arabia (KSA) healthcare market is expected to grow to $16.1 billion in value at 8.8Percentage in 2020. KSA’s pharmaceutical and MedTech markets are primarily import driven, therefore the impact of COVID-19 cannot be measured i...
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11 Dec 2020  |  South Asia, Middle East & North Africa  |  Market Research
Intense Competition among Dealers and Distributors Reshaping the Gulf Cooperation Council (GCC) Bus Industry
Government Efforts and Initiatives to Develop Infrastructure and Boost Tourism Fuel Growth Strategies
The GCC bus industry is expected to grow at a compound annual growth (CAGR) of 3.6% by 2025. Industry sales have been severely impacted by the economic downturn, resulting from decline in oil prices due to the OPEC Agreement. Moreover, the COVID-19 pandemic is having a major effect on GCC bus industry sales, which are estimated to decline by 19% in...
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01 Feb 2021  |  South Asia, Middle East & North Africa  |  Market Research
Voice of Customer—Understanding Vehicle Purchase Preferences in India During and After COVID-19
40% of Respondents are Planning a New Vehicle Purchase by the End of the Year
Businesses disrupted by the pandemic are looking at revival even as they grapple with the new normal, and the automotive industry is no exception. Mobility and mobility-related solutions lie hampered not just in India but across the word, with the last few months witnessing plunging sales, halting of new purchases, and closing up of many car deal...
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16 Apr 2021  |  South Asia, Middle East & North Africa  |  Market Research
Transformative Mega Trends of the Extended Care Market in KSA
Future Growth Potential due to the Adoption of PPP Models
Extended care services emerged from the need to cover long-term healthcare needs for patients who need care, but not hospital beds. The complexity and level of sophistication of care range from basic to very complex, as per the existing medical condition requiring care. The types of care falling under extended care vary from rehabilitation, home ca...
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10 Nov 2021  |  South Asia, Middle East & North Africa  |  Market Research
GCC Building Management System Growth Opportunities
Disruptive Technologies are Enabling Energy Efficiency and Advancements in Building Management Systems
The building management system (BMS) market in the Gulf Cooperative Council (GCC) is witnessing the emergence of innovative technologies such as building information modeling (BIM) and 3D printing. These technologies are causing significant disruptions, influencing how buildings are managed and shifting roles away from traditional skills towards te...
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09 Mar 2020  |  South Asia, Middle East & North Africa  |  Market Outlook
Indian Metal Industry Outlook, FY 2019
Backed By Government Policies, Industry Consolidation, and Technology Infrastructure Upgrades, the Metal Industry is Set to Witness a 6% y-o-y Demand growth in FY 2020
Indian metal market growth in 2019 witnessed global, macroeconomic and industrial factors, such as trade wars, an increase in industry consolidation, plant closures, and restricted imports. The industry’s main objective remained cost optimization, raw material sustainability, and process efficiency. The Indian Government’s flagship programs—Mak...
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11 May 2020  |  South Asia, Middle East & North Africa  |  Market Outlook
Indian Petrochemical Feedstock and Downstream Derivatives Growth Outlook, 2020
The Indian Petrochemicals Market is Expected to Cross the INR100 Billion Mark in 2020, Driven by Robust End-use Growth, Technology
Throughout 2019, India’s petrochemicals segment exhibited steady growing demand and diversified investments in the country. After experiencing a lull in 2018, the overall investments rebounded in 2019 especially in areas such as rural roads, highways, housing, auto, cement & steel, and chemicals & petrochemicals. The US-China trade war has been fav...
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17 Aug 2020  |  South Asia, Middle East & North Africa  |  Market Outlook
Solar PV Dominating Investment Opportunities in Renewable Sector Across the Middle East, 2020–2025
Opportunities Abound for Renewable Companies with Possible RE Capacity Addition of More Than 57.0 GW on the Radar
Sustainable development is the theme gaining unparalleled levels of attention and importance across the globe. The Middle East hosts top oil exporters in the world along with some of the top carbon emitters. The onus to reduce greenhouse gases (GHG) has fallen on the region and, therefore, the countries in the region have ambitious targets to promo...
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