Search results for: 'driven outlook 2024'

With the end of the COVID-19 pandemic, healthcare providers have been directing most of their capabilities toward preventive healthcare and precision medicine, as the clinical diagnostics industry continues its transition from a centralized to a decentralized testing model. Globally, 2024 is set to be a profitable year for the industry, which will ...

Frost & Sullivan identifies and defines the leading trends shaping the global pharmaceutical landscape in this analysis. The study period is 2021 2028, with 2023 as the base year and 2024 2028 as the forecast period. The geographic scope includes 5 regions: North America, Latin America (LATAM) and the Caribbean, Asia-Pacific (APAC), Europe, and the...

In this research service, Frost & Sullivan has assessed the automotive aftermarket's performance for 2023 and identified various trends that influence demand for replacement parts, repairs, and maintenance. It has also examined qualitative and quantitative industry features. The study period is 2023 2028, with 2023 as the base year and 2024 2028...

2024 is expected to be a year of significant growth for the renewable energy sector in North America because of favorable climate policies and regulations. In 2022, the United States passed the Inflation Reduction Act (IRA), which has boosted investor confidence and provided incentives for investment in domestic supply chains. Despite challenges re...

19 Dec 2024  |  Global  |  Market Research

Global Semiconductor Devices Market Outlook, 2024-2025

Moving AI Hardware Beyond Data Centers to Edge Devices is Driving Transformative Growth as Sustainability and CASE Trends Curb Declines in Industrial and Automotive Markets

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The global semiconductor devices industry registered a 6.9% decline in 2023 after a 3.5% slowdown in growth in 2022. Growth in 2023 was attributed to the industrial and automotive markets capitalizing on the EV, CASE, and digital transformation efforts. Growth in 2024 (and beyond) will be driven by the technology convergence of connectivity and AI/...

02 Jul 2024  |  Global  |  Market Outlook

Caribbean and Central American Automotive Outlook, 2024

Chinese OEMs Entry into the Industry and the Growing Electric Vehicle Adoption Indicate about a 50% Unit Sales Growth between 2021 and 2024, Followed by another 20% by 2030 to Surpass 300,000 Combined Unit Sales in the Key Countries

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This Frost & Sullivan outlook analyzes the automotive industry in select Central American and Caribbean countries, including Panama, Jamaica, Trinidad and Tobago, Costa Rica, the Dominican Republic, Guatemala, El Salvador, and Honduras. It provides historical sales data for each of the countries from 2020, and forecast data runs through to 2030. Th...

Despite the global economy outperforming expectations and avoiding a recession in 2023, Frost & Sullivan expects a mild growth slowdown in 2024 as tight monetary conditions, diminishing consumer confidence, weak trade prospects, and subdued housing markets in key regions weigh on momentum. However, with policymakers managing to put inflation on...

06 Jun 2023  |  Global  |  Market Outlook

Automotive Outlook, 2023

Easing of Chip Shortage Crisis, Increasing Electric Vehicle Adoption, and Improving Macroeconomics to Drive Light Vehicle Sales by 3.3%

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Global light vehicle (LV) sales reached 79.9 million units in 2022, registering 1.3% lower sales than in 2021. China was the top-selling market with 25.7 million units, ahead of the United States at 13.9 million and Japan at 4.1 million. The Russo-Ukrainian War resulted in production delays owing to part supply delays and semiconductor shortages, l...

This analysis assesses the power and energy market in Asia-Pacific. The primary focus is power generation, but grids, energy storage, hydrogen, and the role of fossils are included in the trends section. Asia-Pacific encompasses diverse countries, from highly developed economies, such as South Korea and Japan, to under-developed ones such as Lao...