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Sector Analysis
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Automotive Autonomous Driving Systems Market Trends, Sector Overview and Forecast to 2028
The size of the global autonomous driving systems market was 212.5 mn units in 2023, recording a substantial annual growth of 15.2%. During 2018–23, the sector posted a CAGR of 5.1%. Over the forecast period, the sector is expected to record a CAGR of 5.2% to reach 274.2 mn units by 2028. In 2023 adaptive cruise control (ACC) garnered a share of 14.0%, radar -–long range garnered a share of 16.3%, radar-short/medium garnered a share of 27.7%, and GPS/GNSS unit...
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Analyst Opinions
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Development of Electric Mining Vehicles in Surface and Underground Mining, 2024
As miners strive to reduce greenhouse gas emissions, many are beginning to invest in battery-powered and electric-powered mining fleets as they embark on the long-term goal of diesel displacement. 'The pace of switching to electric mining vehicles is increasing. Underground over 320 LHDs and mining trucks were running on electric power by March 2024, while for surface mines the use of electric-powered mining trucks has been picking up with almost 240 trolley-assist trucks and 129 battery-powered surface trucks.
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Sector Analysis
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Automotive Electric Motors Market Trends, Sector Overview and Forecast to 2028
Automotive Electric Motors Market Report Overview The automotive electric motors market size was 958.3 million units in 2023. The market will grow at a CAGR of more than 15% during 2023-2028. The anticipated surge in electric vehicles in the future will lead to a corresponding increase in demand for electric motors. In 2023, Asia-Pacific accounted for a significant share of the electric motors market. Automotive Electric Motors Market Outlook, 2023-2028 (Million Units) Buy the Full Report for More Insights on...
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Thematic Analysis
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Consumer Electronics Sector Scorecard, Q1 2024 Update – Thematic Intelligence
The spotlight was on Apple following the release of its Vision Pro headset in February 2024 and its troubles and legal disputes. The Vision Pro received a positive overall response, with users praising its ability to blend digital content into the physical world. However, the device does not currently support popular apps like YouTube, Spotify, and Netflix. This is primarily because many developers believe that the Vision Pro will not be a big enough platform to justify the time and...
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Thematic Analysis
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Component Makers Sector Scorecard, Q1 2024 Update – Thematic Intelligence
The component makers sector continues to struggle in the face of some significant challenges. Demand is anemic in two major areas for components: smartphones and electric vehicles (EVs). Both areas require customer investment that is not forthcoming in the face of a credit crunch caused by interest rate rises. Marginal upgrades for mobile phones and EVs that are too expensive for most means limited demand. There is light at the end of the tunnel in the industrial sector, where demand...
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Thematic Analysis
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Semiconductors Sector Scorecard, Q1 2024 Update – Thematic Intelligence
Companies scoring strongly in artificial intelligence (AI) and geopolitics-related themes lead the thematic screen of GlobalData’s semiconductors sector scorecard. Indeed, the AI, AI chips, geopolitics, and China impact themes jointly account for 50% of the weighting of the thematic screen, reflecting both the growing importance of AI, particularly generative AI, in the industry and the impact of the ongoing US-China trade dispute. Among the thematic leaders are companies with either advanced AI products, such as Nvidia, Amazon, Tesla, and Alibaba,...
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Thematic Analysis
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Publishing Sector Scorecard, Q1 2024 Update – Thematic Intelligence
AI continues to disrupt the publishing industry, and thus, the theme appears to be where the most progress is happening. To cope with the winds of change, publishers are holding AI-related conferences, building AI teams, and enhancing their offerings with AI, including launching new AI features like chatbots to improve user experiences.
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Company Insights
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Huawei Pay – Competitor Profile
Huawei Pay was launched in 2016 via a collaboration between payment scheme China UnionPay and smartphone brand Huawei, with the aim of competing in China’s exponentially expanding mobile payments market. Huawei Pay offers a ranges of payment services, including in-app and in-store payments. It offers both NFC payment as well as QR code payments for in-store purchases. To ensure privacy and security for payments, Huawei Pay utilizes tokenization and biometric authentication such as fingerprint recognition. Challenging the dominance of established...
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Sector Analysis
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New Drug Approvals and Their Contract Manufacture – 2024 Edition
This report is the 14th edition of our long-running analysis of the CMO industry, using the FDA's NDA approvals as the primary indicator of performance. New Drug Approvals and Their Contract Manufacture (formerly called "CMO Scorecard") is critical for benchmarking the performance of the contract manufacturing organization (CMO) industry and the relative performance of major CMOs. This year's edition includes a discussion of how inflation and increasing global conflict has impacted pharma manufacturers.
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Company Insights
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M-PESA – Competitor Profile
M-PESA is a mobile-based fund transfer and micro-level banking service available to customers of Safaricom, Kenya’s largest mobile network. Introduced in 2007, the service has become a primary channel for fund transfers in the country. Originally developed as a low-cost microfinance loan repayment system, it was extended as an open platform to remit funds and make consumer payments due to its rising popularity. This was largely a result of factors such as the high cost of remitting funds through banks,...
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