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The Indian tourism market is fast-growing with immense potential due to the country’s rich cultural and geographical diversity. It is one of the major sectors contributing to GDP of the country and is driven by steady economic growth. Tourism’s direct contribution to GDP is expected to grow from $98 billion in 2018 to $106.9 billion in 2019. The Tr...

11 Dec 2023  |  Global  |  Market Research

Global Grid Equipment Growth Opportunities

Electrification and Decarbonization Trends Drive Future Grid Investments

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Rising electricity demand complemented by sustained scaling up of renewable energy worldwide will boost investments in power transmission and distribution (T&D) infrastructure and grid assets, including transformers, switchgear, and cables. Frost & Sullivan expects the global grid equipment market revenue to reach $232.74 billion in 2030, with cabl...

06 Jun 2023  |  Global  |  Market Outlook

Automotive Outlook, 2023

Easing of Chip Shortage Crisis, Increasing Electric Vehicle Adoption, and Improving Macroeconomics to Drive Light Vehicle Sales by 3.3%

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Global light vehicle (LV) sales reached 79.9 million units in 2022, registering 1.3% lower sales than in 2021. China was the top-selling market with 25.7 million units, ahead of the United States at 13.9 million and Japan at 4.1 million. The Russo-Ukrainian War resulted in production delays owing to part supply delays and semiconductor shortages, l...

20 Jan 2025  |  Global  |  Market Research

Global Cardiac Biomarkers Diagnostics Industry, 2024-2029

Rising Prevalence of CVD and High Sensitivity POCT Driving Transformational Growth in Cardiac Biomarkers Diagnostics

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The global cardiac biomarkers diagnostics market is forecast to record robust growth with the increased prevalence of cardiovascular disease (CVD), multiplex biomarkers, advancements in diagnostic testing technology, higher POCT adoption rates, and an intensive focus on preventive healthcare. CVDs are a leading cause of mortality globally, highligh...

03 May 2016  |  Asia Pacific  |  Market Outlook

Asia-Pacific Energy and Environment Industry Outlook, 2016

Renewable Energy Trends Provide Growth Impetus as Coal Power Dominates, Grid Investments Surge and Solar Power Gains Widespread Appeal

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The outlook discusses the short-term impact of some of the major global trends affecting various sectors in the Energy and Environment industry and across the Asia-Pacific region. Prominent global trends, including the economic growth deceleration in China, in 2016, and its noticeable effect globally and on the rest of Asia, have been discussed. Ch...

The rise in residential and commercial construction projects, along with the high growth from the tourism and hospitality industry, is creating demand for HVAC products in Sri Lanka. Sri Lanka allows total foreign ownership across several industries and imposes no restrictions on repatriation of earnings, fees, and capital. Supporting budgets and p...

The growth trajectory of the global life sciences industry has benefited from a combination of novel technologies such as CRISPR-Cas9, microbiome and single-cell, relaxation of entry barriers in markets like China, and better-defined regulatory frameworks around next-generation therapies and companion diagnostics. A common denominator of growth a...

This study provides an overview of the global robotaxi industry. It analyzes recent developments and key challenges and offers the latest updates on industry size, forecasts, and regional trends. The study also provides a detailed analysis of the North American, European, and Chinese industries and offers snapshots of the industries in the Middle E...

The petroleum value chain in South Africa is quite complex and is made up of many capital-intensive processes that often require costly infrastructure. Strategic management and appropriate infrastructure is vital to ensure an optimal flow throughout the petroleum supply chain. The challenge for petroleum companies is to maintain a balance between t...