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With the weakening of the Euro and the robust demand from outside the Euro area, especially the United States and China (which increased exports), Germany's economy has grown. The rising oil prices are expected to narrow the current account surplus. However, export growth may weaken as the impact of the earlier Euro depreciation wanes and as risin...

21 Dec 2017  |  Global  |  Market Research

World Building Automation Systems (BAS) Markets, Forecast to 2022

Energy Efficiency Initiatives and Converging Technologies will Establish Mass Adoption of BAS solutions

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Key Issues Addressed

The global building automation systems (BAS) market is poised for healthy growth in the next five years. The key driving factors are growing use of internet of things (IoT) technology, the rising popularity of LED lights for utilization of energy efficiently, increased reliance on wireless technology, and concern for overall energy consumption in b...

Sweden is among the best-performing Nordic economies, supported by a strong labor market, high private and public consumption, and industrial production. The Swedish economy is highly interlinked with the EU economy. The share of exports is above 40% of the GDP. R&D export is the major growth driver. In the medium term, Swedish exports are expected...

22 Feb 2018  |  Latin America  |  Market Research

Latin American Big Data and Analytics Market, Forecast to 2023

As the Maturity Evolves, Data Turns into Insights

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The Latin American Big Data and Analytics (BDA) market generated revenues of US$2.992,5 million in 2017, and is expected to reach US$ 8.593,5 million by 2023, representing a CAGR of 19.2%. Big Data and Analytics help organizations make proactive real-time decisions using data. This enables companies to improve customer experience, especially as cu...

Although battery electric vehicles and plug-in hybrids are being touted as a sustainable alternative transportation solution, hindrance of adoption can be attributed towards range anxiety. This coupled with increasing battery efficiency is driving OEM's to introduce long range EV's. Bigger battery packs owning to long range EV's cannot suffice with...

10 Apr 2018  |  Global  |  Market Research

Global Low-voltage Switchgear Market, Forecast to 2022

Growing Distributed Energy Resources, Rapid Urbanisation and Commercial Expansion will Drive the Demand

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Switchgear is an integral part of the electrical power value chain. Increase in power demand and replacement of aged equipment in the Transmission and Distribution (T&D) grid infrastructure is driving the demand for switchgears globally. Need for continuous, uninterrupted power supply and to protect the electrical equipment from fault currents, swi...

The global facility management (FM) industry is facing a period of unprecedented transformation as a procession of megatrends and political, social, economic, technological, and environmental challenges affect markets. The FM sector is so vast and multi-faceted that it is hard to find a trend, event, or issue that does not affect FM operations. Wit...

The global two-wheeler (2W) industry comprising motorcycles, scooters, and mopeds is a dynamic space fueled by various factors. It has recorded remarkable growth in recent years, driven by the urbanization boom, rising disposable income, and personal mobility needs. In addition, legacy 2W participants are introducing new models with updated and adv...

12 Jun 2024  |  Global  |  Market Outlook

Global Oil and Gas Industry Outlook and Growth Opportunities, 2024

Transformative Megatrends Drive Oil and Gas Companies to Digitize and Implement Decarbonization Initiatives

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The global energy industry is undergoing an unprecedented transition, bringing exciting new growth opportunities to the oil and gas (O&G) industry. However, shifting to a net-zero future for carbon emissions means many companies struggle with pricing, energy security, and industry disruption. As the industry moves to meet decarbonization and sus...