Search results for: 'transform 2020'

02 Jul 2021  |  Europe  |  Market Research

Western European Protective Footwear Growth Opportunities

New Product Development in Recyclable, Anti-slip, and Electrostatic Discharge Footwear

Infographics

×

The Western European protective footwear market generated €1,737.0 million in revenue in 2020. Market demand was driven by stringent enforcement of regulatory norms and an increasing awareness of the ability of protective footwear to reduce on-the-job injuries. Among the 3 product segments, safety footwear accounted for 52% of revenue share in 2...

27 Aug 2021  |  Asia Pacific  |  Market Outlook

ASEAN Automotive Outlook, 2021

Competitive Intensity is Concentrated in Low-cost Green Cars and Electric Vehicles; Political Stability will Affect the Automotive

Infographics

×

In 2020, due to the COVID-19 pandemic, the Association of South East Asian Nations (ASEAN) automotive market experienced a significant sales decline of 28.5%, from a total sales of 3.5 million units in 2019 to 2.5 million units in 2020. Passenger Vehicles (PVs) constituted 63.9% of the market and Commercial Vehicles (CV) accounted for 36.1%. Of the...

In terms of power generation investment, the 2020s will continue a trend that has gained pace in the 2010s – the rise of renewable energy. The continued move away from carbon-intensive power will gain popularity as renewable energy sources become increasingly cost-competitive against fossil fuels. Increased investment in transmission and distributi...

The global confined space PPE market is in the nascent growth stage. Market revenue for 2020 hit $235.3 million and will reach $276.7 million by 2025, increasing at a compound annual growth rate (CAGR) of 3.3% (from 2020 to 2025). Among end-user verticals, utilities and wastewater treatment and agricultural products and services are the 2 larges...

29 Oct 2021  |  Asia Pacific  |  Market Research

Vietnam Facility Management Growth Opportunities

Innovative Business Models are the Way Forward for Vietnamese FM Advancement

Infographics

×

This study covers the Vietnamese FM market, which includes cleaning services, M&E services, and parking management only. The FM market in Vietnam accounted more than $250 million in 2020, after a 2.8% decline due to the COVID-19 pandemic. Nonetheless, market growth will remain favorable until 2026 with increasing FM demand and awareness on outsourc...

Frost & Sullivan expects permanent magnet motors (PMMs) to dominate the electric and hybrid vehicle (xEV) motors market. PMMs will constitute over 90% of the total electric traction motor market by 2020. Uncertain rare element (RE) magnet supply will remain a challenge for PMM cost optimization. The 40 to 70 kW range will be the most used range of ...

The aviation satcom market is poised for improved flight operations and connectivity that will improve passenger experience, enhance safety, and increase the efficiency of flight operations of airlines. This study covers the global aviation sitcom market and provides a 10-year forecast from 2020 to 2030. The total aviation satcom market was worth $...

Accommodative monetary policy and low interest rates by the European Central Bank, coupled with increasing investments by Chinese investors in Central and Eastern Europe, had aided the resurgence of European economy in 2017. As part of China’s One Belt One Road project, the 16 Plus 1 initiative has made investments of $3 billion and plans to invest...

13 Jul 2021  |  South Asia, Middle East & North Africa  |  Market Research

GCC Light Vehicle Aftermarket Outlook, 2021

Innovative Business Models Propels Future Growth Potential

Infographics

×

In 2020, the Gulf Cooperation Council (GCC) region faced significant challenges due to the COVID-19 pandemic and oil price crash. Gross domestic product (GDP) in GCC nations contracted by 5%–10% in 2020. The GCC population dropped by 3%–5% due to expatriate exodus. Every industry and sector faced multiple disruptions. The GCC light vehicle aftermar...