Economic growth

Hand Tools Market to reach $30.38 Bn, Globally, by 2027, at a CAGR of 4.1%: AMR

Tuesday, December 1, 2020 - 1:30pm

According to the report published by Allied Market Research, the global hand tools market generated $22.20 billion in 2019, and is estimated to reach $30.38 billion by 2027, witnessing a CAGR of 4.1% from 2020 to 2027.

Key Points: 
  • According to the report published by Allied Market Research, the global hand tools market generated $22.20 billion in 2019, and is estimated to reach $30.38 billion by 2027, witnessing a CAGR of 4.1% from 2020 to 2027.
  • Increase in adoption of hand tools in the construction sector, industrialization along with rise in infrastructural spending, and high initial costs of the power tools augment the growth of the global hand tools market growth.
  • However, importance of battery power tools and uncertain economic conditions in Latin America restrain the market growth.
  • Availability of major market share and improving lifestyles & per capita incomes in the Asian countries drive the market growth.

Hand Tools Market to reach $30.38 Bn, Globally, by 2027, at a CAGR of 4.1%: AMR

Tuesday, December 1, 2020 - 1:30pm

According to the report published by Allied Market Research, the global hand tools market generated $22.20 billion in 2019, and is estimated to reach $30.38 billion by 2027, witnessing a CAGR of 4.1% from 2020 to 2027.

Key Points: 
  • According to the report published by Allied Market Research, the global hand tools market generated $22.20 billion in 2019, and is estimated to reach $30.38 billion by 2027, witnessing a CAGR of 4.1% from 2020 to 2027.
  • Increase in adoption of hand tools in the construction sector, industrialization along with rise in infrastructural spending, and high initial costs of the power tools augment the growth of the global hand tools market growth.
  • However, importance of battery power tools and uncertain economic conditions in Latin America restrain the market growth.
  • Availability of major market share and improving lifestyles & per capita incomes in the Asian countries drive the market growth.

Fraser Institute News Release: B.C. economy remains vulnerable due to heavy reliance on housing industry

Tuesday, December 1, 2020 - 10:00am

economy has relied on housing construction and industries related to the housing sector, so a housing slump would send shockwaves across the provincial economy, said Steven Globerman, professor emeritus at Western Washington University, senior fellow at the Fraser Institute and author of An Evaluation of the Recent Performance of British Columbias Economy .

Key Points: 
  • economy has relied on housing construction and industries related to the housing sector, so a housing slump would send shockwaves across the provincial economy, said Steven Globerman, professor emeritus at Western Washington University, senior fellow at the Fraser Institute and author of An Evaluation of the Recent Performance of British Columbias Economy .
  • Moreover, investment in machinery, equipment and intellectual propertyelements of the economy that drive productivity, job creation and wage growthhas lagged behind the rest of Canada.
  • As a result, B.C.s non-housing-related industries face a competitive disadvantage compared to other parts of the country.
  • Because B.C.s economy is vulnerable to a reversal in the housing sector, policymakers in the province should work to establish an environment where all industries can attract investment and create opportunities for British Columbians, Globerman said.

Integrated Building Management Systems Market Size by End-user, by Component, and by Geography | Industry Analysis Report, Regional Outlook, Growth Potential, Competitive Market Share & Forecast, 2020 – 2024

Tuesday, December 1, 2020 - 8:37am

Integrated Building Management Systems Market: Geographic Landscape

Key Points: 
  • Integrated Building Management Systems Market: Geographic Landscape
    The adoption of smart building technologies, changing regulatory landscape, and increasing focus on reducing carbon emissions will significantly influence integrated building management systems market growth in this region.
  • The UK and Germany are the key markets for integrated building management systems in Europe.
  • Market growth in this region will be faster than the growth of the market in MEA, North America, and South America.
  • Related Reports on Information Technology Include:
    Global Facilities Management Market: The facilities management market size has the potential to grow by USD 1,433.77 billion during 2020-2024, and the markets growth momentum will accelerate during the forecast period.

Insights on the Global Data Center Market In Southeast Asia 2020-2024: COVID-19 Analysis, Drivers, Restraints, Opportunities, and Threats - Technavio

Tuesday, December 1, 2020 - 3:19am

Data Center Market In Southeast Asia: Component Landscape

Key Points: 
  • Data Center Market In Southeast Asia: Component Landscape
    Data Center Market In Southeast Asia: Geographic Landscape
    By geography, Singapore is going to have a lucrative growth during the forecast period.
  • About 36% of the markets overall growth is expected to originate from Singapore.
  • The significant investments in IT infrastructure, particularly toward cloud computing, will significantly drive the data center market growth in Southeast Asia over the forecast period.
  • To get extensive research insights: Click and get a FREE sample report in minutes

Insights on the Ready To Assemble (RTA) Furniture Market In Europe 2020-2024: COVID-19 Industry Analysis, Market Trends, Market Growth, Opportunities and Forecast 2024 - Technavio

Monday, November 30, 2020 - 1:03pm

Ready To Assemble (RTA) Furniture Market In Europe: Product Landscape

Key Points: 
  • Ready To Assemble (RTA) Furniture Market In Europe: Product Landscape
    Based on the product, the home RTA furniture segment is expected to witness lucrative growth during the forecast period.
  • Ready To Assemble (RTA) Furniture Market In Europe: Geographic Landscape
    By geography, Rest of Europe is going to have a lucrative growth during the forecast period.
  • About 33% of the markets overall growth is expected to originate from Rest of Europe.
  • The availability of a wide range of products will significantly drive market growth in this region over the forecast period.

Marine Electronics Market Report: Trends, Forecast and Competitive Analysis

Monday, November 30, 2020 - 8:09am

The significant applications of sonar systems in the maritime are driving the marine electronics market growth.

Key Points: 
  • The significant applications of sonar systems in the maritime are driving the marine electronics market growth.
  • The marine electronics market share growth by the sonar systems segment will be slower than the growth of the market in the other segments.
  • The presence of established marine electronics manufacturers and increased defense spending by respective governments will significantly drive marine electronics market growth in this region over the forecast period.
  • Market growth in this region will be slower than the growth of the market in APAC, MEA, and South America.

Urinalysis Market 2020-2024 - Global Analysis and Forecasts by Product and by Geography | Technavio

Friday, November 27, 2020 - 1:59pm

This segment dominated the market in 2019 due to the rising number of people suffering from UTIs and other renal and liver diseases.

Key Points: 
  • This segment dominated the market in 2019 due to the rising number of people suffering from UTIs and other renal and liver diseases.
  • Market growth in this segment will be faster than the growth of the market in the instruments segment.
  • North America was the largest urinalysis market in 2019, and the region will offer several growth opportunities to market vendors during the forecast period.
  • Market growth in this region will be slower than the growth of the market in Asia.

United States Mechanical, Electrical and Plumbing (MEP) Services Market Report 2020-2025 - ResearchAndMarkets.com

Friday, November 27, 2020 - 12:03pm

The "United States (US) MEP Services Market - Growth, Trends, and Forecasts (2020-2025)" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "United States (US) MEP Services Market - Growth, Trends, and Forecasts (2020-2025)" report has been added to ResearchAndMarkets.com's offering.
  • However, the new construction segment commands a slight upper hand when it comes to the MEP services market share in the country.
  • These instances showcase some of the negative outlooks of the MEP services market that holds the potential to hinder the market growth.
  • The United States is considered one of the paramount regions for the construction market worldwide due to its evolving residential market.

Safety Light Curtains Market by Type and by Geography- Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2020 - 2024 - Technavio

Friday, November 27, 2020 - 12:07pm

Additionally, the cost-saving benefits of type-2 safety curtains will also contribute to the growth of this market segment in the coming years.

Key Points: 
  • Additionally, the cost-saving benefits of type-2 safety curtains will also contribute to the growth of this market segment in the coming years.
  • However, the market growth in this segment will be slower than the growth of the market in the type-4 segment.
  • The packaging industry is one of the fastest-growing sectors in APAC due to the strong demand for consumer goods.
  • The awareness of the need for the efficient control and analysis of the machinery in the packaging industry that can be achieved by installing safety light curtains will significantly drive safety light curtains market growth in this region over the forecast period.