Industries

he Vietnamese facilities management (FM) market is expected to record a growth rate of 5.5% in 2019. By 2023, the total market is expected to record a compound annual growth rate (CAGR) of 6.0%, reaching $470.8 million. Rapid growth in Vietnam’s economy is driving building construction in various sectors, such as healthcare, financial, industrial...

China’s swift economic growth and plans such as “Made in China 2025” have raised its competition with the United States. This situation has led to the US-China trade war with the United States imposing trade tariffs on Chinese products and China retaliating by imposing tariffs on US products. The trade war is slowing down the global economic ...

26 Sep 2019  |  Asia Pacific  |  Market Research

Strategic Analysis of China’s Electric Passenger Vehicle Market, 2018–2025

New Energy Vehicles (NEVs) and Government Regulations to Rapidly Boost Chinese EV Market

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In 2018, Chinese electric passenger vehicle sales increased by 78.3% year-on-year and achieved total sales of 1,181,920 units. Going forward, the electric passenger vehicle market is forecasted to experience rapid growth at a compound annual growth rate (CAGR) of 29.9% during 2018–2025. China’s electric passenger vehicle market is greatly boos...

26 Sep 2019  |  Asia Pacific  |  Market Research

Indonesian Data Center Services Market, Forecast to 2025

Over the Top to Drive Short-term Growth, While Banking, Finance, and Insurance Vertical to Enable Sustained Growth

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To increase their presence, hyperscale cloud service providers, such as Alibaba, Microsoft, and Amazon Web Services, along with the local cloud vendors, are expanding their infrastructure, operations and availability across Indonesia. With the extensive penetration of Internet connectivity as well as a keen focus on cybersecurity and data privacy, ...

Artificial intelligence (AI) and machine learning (ML) have been adopted widely across industries over the years due to the multifaceted benefits that the technologies bring about. AI and ML have been also increasingly adopted across industries, from such as healthcare, education, information and communication technologies (ICT), logistics, marit...

The Chinese protective footwear market is at a growth stage. As the market has not been well-penetrated, it presents significant potential for growth. The Chinese market is highly fragmented with a large number of participants (>100). The top 3 participants together hold a combined total market share of 7% to 10%. Domestic manufacturers account for...

19 Sep 2019  |  Asia Pacific  |  Market Research

Asia-Pacific Industrial 3D Printing Market, Forecast to 2023

Industrial Manufacturing to Undergo a Paradigm Shift in the Long Term With the Proliferation of 3D Printing Technologies

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This study provides information on the 3D printing market in Asia-Pacific. It talks of the key developments in the region and the drivers and restraints in the industry. Of late, 3D printing technology is being used to not only produce product prototypes but also functional components, which is helping Original Equipment Manufacturers (OEMs) in twe...

5G will enable a new era of mobile Internet of Everything (IoE), with its lower latency and faster speeds. As a result, it will bring new participants from various industries, including transportation, manufacturing, healthcare, and entertainment. This will facilitate the evolution of business models and is expected to create economic value. 5G te...

The economic growth in the Asia-Pacific region experienced a slowdown due to increasing global trade tensions in the second quarter of 2019. Key economies in the region such as China, India, and Thailand have experienced slower than anticipated growth rates, in line with global economic slowdown. In H2 2019, inflationary pressure in the region rema...