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This study highlights the European military helicopter market and the latest European modernization needs for short- and long-term legacy platforms. Europe needs a new generation of helicopters, and the region is starting a massive modernization program to develop new employment and technology concepts. This new program, the Next Generation Rotorcr...

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...

Economies of the Middle Eastern countries will remain modest due to higher oil exporting revenue being moderately offset by recession in Iran. Higher oil prices are expected to drive oil and gas and hydrocarbon sector in the region, with Saudi Arabia leading the pack in 2019. OPEC oil production dipped in November 2018 due to fall in Iranian produc...

Economic growth in the Asia-Pacific region slumped from 5.2% in Q4 2017 to 5.0% in Q1 2018, as the escalation of the trade war between China and the United States had repercussions for global trade growth. China’s growth is likely to slump further from the 6.2% registered in Q2 2018, as manufacturing output started declining in Q2 2018. Australian ...

The aging phenomenon is rapidly changing the face of demographics and consumer markets globally, with the global elderly to touch 2.1 billion persons by 2050. Aside from Western economies, which have traditionally been associated with aging populations, emerging market economies will see fast-growing aging populations between 2030 and 2050. In the ...

Economies across the world are bouncing back in full force after the pandemic-induced lull. Despite a slump in the recent past, automotive sales are slowly recovering in the Americas, and fleet leasing and rental markets are on the path of recovery. Telematics adoption is on the rise as connected cars are gaining traction in the region, primarily t...

16 Dec 2022  |  North America  |  Market Research

Global Residential Heat Pump Growth Opportunities

Technology Strategies Push Heat Pumps to Play a Significant Role in Decarbonizing Heat

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Key Issues Addressed

The heat pump industry is now revolutionizing in terms of market uptake and initiatives toward grid decarbonization and wean away from Russian gas imports. Social and policy innovation will boost demand in the UK, Germany, and Ireland; high demand will be seen in France, Italy, and the Nordics and moderately high demand in Benelux, Austria, and Pol...

The North American FM market has the highest maturity compared to other regions. The United States is the world’s biggest FM market in outsourced FM revenues. Mature end users and participants and attractive opportunities from sizable end-user sectors (e.g., commercial, public) have contributed to the outsourcing culture and the substantial market....

While the United States and Europe medical device markets face backlash from the economic slowdown, the Russia-Ukraine war, and the cost-of-living crisis, the APAC medical devices market continues to record phenomenal growth. However, 2023 will be challenging for APAC medtech due to uncertainties arising from the anticipated market slowdown and oth...