Search results for: 'records'

29 Sep 2023  |  North America  |  Market Research

Competitive Analysis of Original Equipment Manufacturer (OEM) Investments in Vehicle Electrification

Localized Battery Development and Production Prioritized to Cater to Future Regional Electric Vehicle (EV) Demand

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Frost & Sullivan’s projection indicates that the global EV market will record over 44% year-on-year unit sales growth in 2023. China, Europe, and North America will be important contributors to this surge. Increased focus on reducing carbon emissions will drive EV demand in coming years. OEMs have been rushing to gain a share of the competitive EV ...

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...

Industrial Internet of Things (IIoT) is a key buzzword in the world today. Advancements in technologies are not only making industries effective, but also enabling the work to be ‘Smarter’. The focus of this research on test and measurement for IIoT is to analyze this market from a technology standpoint. The study attempts to help market particip...

10 Nov 2017  |  Global  |  Market Research

Global Wind Power Market, Forecast to 2025

$100 Billion a Year of Global Investment Forecast as Wind Becomes Increasingly Competitive with Conventional Fuels

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The global wind power market is driven by national governments' push to improve energy security, and in particular, to reduce coal consumption due to growing concerns about climate change and air pollution. The global wind power market has achieved exceptionally high growth rates over the past few years. More than half of the world’s wind power cap...

22 Nov 2017  |  Africa  |  Market Research

Kenyan Logistics Market, Forecast to 2020

Supported by Its Political Commitment, Young Population and Infrastructure Developments, Kenya is a Rising Star in East Africa

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Kenya displays significant potential for economic growth due to its strategic location in East Africa. Even though Kenya’s growth has been slower than that of the African region, its Vision 2030 strategy is expected to enable its growth to World Bank’s second rung of countries with highest gross national income. Two out of three Kenyans are estimat...

27 Feb 2018  |  Asia Pacific  |  Market Research

Strategic Analysis of Malaysian Commercial Vehicle Industry, Forecast to 2025

Annual Demand for Pickups, Light-medium-heavy Trucks and Buses to Grow With Infrastructure Growth and Entry of New Players by 2025

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Key Issues Addressed

Malaysia is the third largest commercial vehicle (CV) market in Asia Pacific after Indonesia and Thailand and is at the beginning of a rapid growth phase. The Total Industry Volume (TIV) has continued to decrease since 2013 due to slow economic growth and a depreciating Ringgit that has impacted business confidence and purchasing power. Consequentl...

09 Dec 2019  |  North America  |  Market Research

Mexican Connected Truck Market, Forecast to 2025

Telematics Solutions are Vital to Transportation Companies and Private Fleets in Terms of Addressing Pain-points Across Different Types of Industries

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Key Issues Addressed

The Mexican connected truck market is highly fragmented and comprises more than 50 telematics companies and leading OEMs. The transportation start-up ecosystem is small but is beginning to grow. Since 2016, the country has faced declining commercial vehicle (CV) sales; however, a marginal recovery has been recorded this year (2019). This growth tre...

The Asia-Pacific network security market witnessed a YoY growth of 14.7% in Q2 2019. This was much stronger than the 11.9% YoY in the previous second quarter. In Q2 2019, the healthcare sector was the fastest-growing vertical; it recorded a YoY growth of 26.7%. However, market size of the healthcare sector remained the smallest revenue contributor ...

The Asia-Pacific network security market recorded a YoY growth of 15.7% in Q3 2019, which was slightly slower as compared to Q3 2018 (at 17.3% YoY). In Q3 2019, China continued to experience strong YoY growth and lead the market in terms of market share. Both China and Japan remained key countries in terms of revenue contribution. Looking at the re...