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This study analyzes the in vitro fertility (IVF) services market across the globe. With infertility rates increasing across the world, assisted reproductive technologies (ART), including IVF, are gaining prominence. With technology advancements, the IVF process has undergone several modifications, with mainstream service providers such as fertility...

The global LNG industry is approaching a hiatus in growth as current under-construction projects come online in the next 3 years without more new supply in the pipeline. As oil prices dropped, industry investment capital slowed, and project developers shifted their focus from speed to cost savings. While this will cause a pause in supply growth, de...

The impact of the convergence of industrial automation and ICT has been tremendous in recent times. Benefits of this convergence can be seen even in markets such as computed tomography (CT). Several technological advancements, such as 3D printing, are helping manufacturers create complex products like never before. These products are so complex and...

With a strong resurgence in traffic volumes and shifting customer demands, rail is becoming the favoured choice as cities across the globe seek the most economical and fuel-efficient modes of travel. Western Europe is the largest market, and Germany is expected to require a vast number of regional and commuter transport vehicles in the next 10 ye...

Africa has the largest number of water-scarce countries than any other continent in the world, and the majority of the continent relies on rainfall and surface water for their water supply. Of the 54 countries in Africa, 39 have a coastline, making desalination a logical solution. Insufficient infrastructure is a major reason why water is a challen...

Generation Z currently makes up 24% of the global population and are set to have significant spending power. This "digitally native" population cohort, born between 1993 and 2007, will be an important customer base in the future. This age cohort is expected to be the most ethnically diverse and tolerant generation yet. It is also a socially and env...

Indonesia is the most populous nation in Southeast Asia with an estimated population of 262 million in 2017. The Indonesian economy, measured in terms of GDP, is the largest in SEA as of 2017. Indonesia’s GDP annual growth stood at 8.4% for 2017 growing from $932.45 billion in 2016 to $1,010.94 billion in 2017. Indonesia’s GDP per capita at current...

The eLCV Industry in North America and Europe is expected to grow at a CAGR of 53.9% until 2030 to 3.5 million units, driven by strong government mandates and incentives, and improving TCO because of falling component prices. The initial phase of eLCVs will predominantly use eAxles, making up nearly three-fourths of the sales in 2022; however, this...

02 Aug 2023  |  Global  |  Market Research

OEM Risk Mitigation Strategies for the Chip Shortage

The Chip Shortage Crisis has Permanently Impacted the Automotive Industry, Rendering it Wary of Supply Competition, and it is Rebalancing Global Automotive Chip Supply Chains

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Key Issues Addressed

The automotive industry is heavily reliant on semiconductor chips for various critical functions, including engine management, infotainment systems, and advanced driver-assistance systems (ADAS). However, the global shortage of semiconductor chips, which emerged in 2020 and continued into 2022, has severely impacted automotive original equipment ma...