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Enhancing customer experience tops the list of manufacturers’ goals for 2023. To meet escalating customer demands, these enterprises are taking steps, such as adding new services and products; expanding customization capabilities; offering multiple contact channels; and enabling remote, always-on services, portal-based ordering, and account access....

09 Jan 2018  |  Asia Pacific  |  Market Outlook

Digital Transformation of the Australian Manufacturing Industry, Forecast to 2024

Industrial Internet of Things and Data Analytics to Transform the Factory Floor

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Australia is able to stay competitive in global manufacturing due to its capabilities in manufacturing high value-added products. However, the comparative disadvantage in large-volume production is currently a restraint limiting the global competitiveness of the industry. The transition to smart manufacturing is being driven by structural changes i...

This study analyzes the emergence of engineered antibody therapeutics for cancer, examining the factors driving their adoption. The limitations of monoclonal antibodies have led to an increasing demand for novel formats. Companies are developing multispecific antibodies, such as bispecifics and trispecifics, and antibody fragments, such as Fab and ...

23 Jul 2019  |  Global  |  Market Research

Global Vehicle OEMs’ New Online Retail Strategies, Forecast to 2025

Online Vehicles Sales are Expected to Comprise 5% of Global Vehicle Sales by 2025, With China as a Leading Market

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The definition of online retail in this research service refers to when a vehicle is purchased (part payment as a down payment/outright purchase) through an online portal, without interaction at a physical dealership; in this case, the sale is considered to be an online sale. The global online retail scene is prevalent in regions such as the United...

Diagnostics are central to healthcare, but not accessible to all. A 2020 Lancet study states that 47% of the global population has little to no access to accurate diagnostics, emphasizing the need for equitable distribution across geographies and containing procurement costs. The COVID-19 pandemic increased demand for personal protective equipment,...

Effort toward restricting the world’s temperature increase to 1.5°C has been on the global agenda ever since the Paris Agreement in 2015. However, the United Nations’ recent COP26 conference highlighted the fact that although we have taken enormous initiatives, the work still falls short of achieving the target. Both corporations and governments...

The economies in developed countries have either stabilized or declined over the past few years. As a result, automotive companies are struggling to grow their sales in these markets. End-customers are either continuing to use their existing vehicles or are looking at alternative modes of transport. To sustain growth, automotive OEMs are continuous...

31 Dec 2019  |  North America  |  Market Research

Analysis of the Medium and Heavy Duty Truck Leasing Market, North America, 2019–2025

New Truck Rental and Leasing Shipments in the Region Expected to Reach 212,150 Units in 2025 with Strong Demand from Regional Haul Applications

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The rental and leasing market for medium and heavy duty truck sales in North America is expected to expand at a CAGR of 5.4% from 2019 to 2025. Companies’ financial needs, operational requirements, asset type and utilization including yearly total mileage, desired replacement cycle and usage pattern influencing wear and tear are major factors impac...

31 Jul 2020  |  Asia Pacific  |  Market Research

Competitive Intensity of Tuhu in the Automotive Aftermarket in China

Inspirational Leadership and Future Growth Potentiality Focusing on Vertical Market Expansion, Distribution Channel Optimization, Higher Transparency, and Procurement Flexibility

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Tuhu is a leading service aggregator in the Chinese automotive aftermarket. It has developed a vertical value chain, by interconnecting domestic and international automotive parts manufacturers, distributors, small and medium aftermarket workshops, and consumers—moving from online sales involvement to offline service presence. In 2019, the registe...