Search results for: 'consumption pattern transformations global 2022 2014'

This market insight provides an overview of five countries in Sub-Saharan Africa for commodity plastics. The study analyses the consumption of plastics in the region and broadly discusses their uses in various applications. The country overviews sections include key macro-economic factors influencing the usage of plastics in the countries analysed....

In 2020, the retail industry faced tremendous challenges, as COVID-19 caused disruptions in product supply and demand; in the labor pool; and in consumer spending. To address the challenges, retailers accelerated their digitalization strategies. The retailers best positioned to emerge stronger from COVID-19 were those that leveraged a cloud foundat...

The circular economy approach involves initiatives across material and product life cycles, supporting sustainable resource consumption and waste prevention by assimilating high-tech solutions. The global resource management sector is transitioning toward greater digital technology adoption using disruptive smart technologies and platform-based sol...

The GCC remains a critical global economic region due to its energy resources, central location in global trade routes, and large sovereign wealth funds. As it transitions from hydrocarbons to diversified growth, investing heavily in renewables, hydrogen, and new industries, it is expected to sustain stable growth of 4%-4.5% through 2035, supported...

The global medical devices industry was valued at $545.38 billion in 2024 and is expected to reach $801.34 billion in 2029. Companies continue to focus on and invest in new product development to ensure long-term and sustained growth. The cardiovascular devices market attracted significant investments, especially in transcatheter technologies for m...

This tracker offers a quantitative model with revenue and forecasts for the humidity and moisture sensors market by the end user, region, product, measurement, and technology. It describes drivers and restraints and gives an overview of the competitive landscape of the market. It traces key factors that have led to the change in market shares of va...

Global light vehicle production continued to expand moderately in 2025 despite ongoing economic uncertainty, shifting regulations, and the slowing transition toward electrification. This report examines how major automotive regions and OEM groups adapted to these pressures and restructured production strategies to remain competitive.While growth pa...

10 Aug 2022  |  Global  |  Market Outlook

Global Medium- and Heavy-duty Commercial Vehicle Aftermarket Outlook, 2022

Average Miles Driven and Spend per Vehicle to Rise Sharply and Result in Transformational Growth

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In 2021, the aftermarket rebounded strongly from the COVID-19 pandemic of 2020, as vehicles in operation (VIO), average miles driven, and spend per vehicle increased. However, parts shortages remain a year after the global economy has reopened, and the skilled labor shortage of truck drivers and service technicians is approaching critical levels. T...

Electronic test and measurement (T&M) instruments capture, process, and display data, signals, and electrical parameters. They find significant use in research, product development, prototyping, manufacturing, and field testing applications. Market participants continue to invest in these instruments' R&D and capability upgrades as they play an int...