Recession | Jotup

S&P Global Mobility forecasts 88.3M auto sales in 2024

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Thursday, December 14, 2023

NEV, Yoy, Policy, Risk, BEV, Electricity price forecasting, OEM, Semiconductor, Growth, EV, Bev, Environment, Recession, Chemical oxygen demand, Oil, Renewable energy, Video game, Manufacturing, Rare-earth element

SOUTHFIELD, Mich., Dec. 14, 2023 /PRNewswire/ -- Global new light vehicle sales in 2024 will see a 2.8% increase year-over-year, according to a new forecast by S&P Global Mobility. The light vehicle output recovery continues to feed inventory restocking efforts across many regions, as supply chain and demand is further recovering, supported by lingering pent-up consumer demand. S&P Global Mobility remains wary on recovery prospects, however, with consumer demand challenged by elevated vehicle pricing alongside challenging credit and lending conditions.

Key Points:

As 2024 approaches, S&P Global Mobility forecasts 88.3 million new vehicle sales worldwide next year as the recovery rolls on.
SOUTHFIELD, Mich., Dec. 14, 2023 /PRNewswire/ -- Global new light vehicle sales in 2024 will see a 2.8% increase year-over-year, according to a new forecast by S&P Global Mobility.
In mainland China, S&P Global Mobility forecasts effectively flat production levels for 2024, down 0.1%, at 28.3 million units.
Reports of the demise of electric vehicles have been greatly exaggerated, and S&P Global Mobility projects global sales for battery electric passenger vehicles to be on track to post 13.3 million units for 2024 – accounting for an estimated 16.2% of global passenger vehicle sales.

Environmental Technology Market to Reach $1.2 trillion, Globally, by 2032 at 5.1% CAGR: Allied Market Research

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Thursday, December 14, 2023

WILMINGTON, Del., Dec. 14, 2023 /PRNewswire/ -- Allied Market Research published a report, titled, "Environmental Technology Market by Component (Services, Solutions), Application (Wastewater Treatment, Water Purification Management, Environmental Monitoring, Solid Waste Management, Others), and Consumer (Residential, Municipal, Industrial): Global Opportunity Analysis and Industry Forecast, 2023-2032". According to the report. The environmental technology market was valued at $0.7 trillion in 2022 and is estimated to reach $1.2 trillion by 2032, exhibiting a CAGR of 5.1% from 2023 to 2032.

Key Points:

Economic recessions can affect investment, consumer behavior, and government spending in ways that have a pronounced impact on the adoption and growth of environmental technologies.
However, the specific impact varies depending on the severity and duration of the recession and the response of governments and industries.
Such policy changes have significant effects on the environmental technology market.
Emerging markets, such as India, China, and Southeast Asian countries, have witnessed rapid industrial growth, which are expected to lead to increased demand for environmental technology.

Environmental Technology Market to Reach $1.2 trillion, Globally, by 2032 at 5.1% CAGR: Allied Market Research

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Thursday, December 14, 2023

WILMINGTON, Del., Dec. 14, 2023 /PRNewswire/ -- Allied Market Research published a report, titled, "Environmental Technology Market by Component (Services, Solutions), Application (Wastewater Treatment, Water Purification Management, Environmental Monitoring, Solid Waste Management, Others), and Consumer (Residential, Municipal, Industrial): Global Opportunity Analysis and Industry Forecast, 2023-2032". According to the report. The environmental technology market was valued at $0.7 trillion in 2022 and is estimated to reach $1.2 trillion by 2032, exhibiting a CAGR of 5.1% from 2023 to 2032.

Key Points:

Economic recessions can affect investment, consumer behavior, and government spending in ways that have a pronounced impact on the adoption and growth of environmental technologies.
However, the specific impact varies depending on the severity and duration of the recession and the response of governments and industries.
Such policy changes have significant effects on the environmental technology market.
Emerging markets, such as India, China, and Southeast Asian countries, have witnessed rapid industrial growth, which are expected to lead to increased demand for environmental technology.

Wilmington Trust's "2024 Capital Markets Forecast" Discusses U.S. Economic Advantages Despite Potential Market Risks

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Wednesday, December 13, 2023

Research, Policy, GDP, Investment, CMF, History, Artificial intelligence, Wilmington Trust, Trust, Growth, AI, Fed, Disinflation, Recession, Education, Security (finance), Renewable energy

WILMINGTON, Del., Dec. 13, 2023 /PRNewswire/ -- Wilmington Trust today released its 2024 Capital Markets Forecast (CMF) – "US Economic Exceptionalism: Can the reign continue?" – which highlights the current state of the U.S. economy and the factors contributing to its ability to adapt, but warns that a number of potential risks exist, which could impact the country's economic growth.

Key Points:

WILMINGTON, Del., Dec. 13, 2023 /PRNewswire/ -- Wilmington Trust today released its 2024 Capital Markets Forecast (CMF) – "US Economic Exceptionalism: Can the reign continue?"
Risks and Opportunities – Historic levels of stimulus and significant repricing of U.S. equity valuations will be critical to assess and monitor.
For decades, the United States has been an economic leader -- displaying more consistent growth than other developed countries.
There are three broad components to consider as forces that have shaped this:
Growth Pillars: Infrastructure, capital markets, demographics, education, and labor flexibility are critical pillars to shaping economic excellence.

Stroke Management Market to reach $74 Billion, Globally, by 2032 at 7.4% CAGR: Allied Market Research

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Thursday, November 30, 2023

Stroke, Google Images, Prevalence, Software, Recession, Diagnosis, Pharmaceutical industry

PORTLAND, Ore., Nov. 30, 2023 /PRNewswire/ -- Allied Market Research published a report, titled, "Stroke Management Market By Type (Diagnostics, Therapeutics, and Software), By Application (Ischemic Stroke and Hemorrhagic Stroke): Global Opportunity Analysis and Industry Forecast, 2022-2032." According to the report, stroke management industry was valued at $36.1 billion in 2022, and is anticipated to reach $74 billion by 2032, registering a CAGR of 7.4% from 2023 to 2033.

Key Points:

In the economic recession, the stroke management market is driven by technological advancements in stroke management solutions, rise in prevalence of stroke, and rise in new product approvals.
However, increased manufacturing and operating costs, and fluctuations and adverse movement in shipping costs impacted the stroke management market growth during the recession.
Based on type, the diagnostic segment held the highest market share in 2022, accounting for more than two-thirds of the stroke management market revenue, owing to increase in awareness and stroke diagnosis and technological advancement in diagnostic imaging.
Based on application, the ischemic stroke segment held the highest market share in 2022, accounting for four-fifths of the stroke management market revenue, owing to high prevalence of ischemic stroke as compared to hemorrhagic stroke.

Stroke Management Market to reach $74 Billion, Globally, by 2032 at 7.4% CAGR: Allied Market Research

Retrieved on:

Thursday, November 30, 2023

Stroke, Google Images, Prevalence, Software, Recession, Diagnosis, Pharmaceutical industry

PORTLAND, Ore., Nov. 30, 2023 /PRNewswire/ -- Allied Market Research published a report, titled, "Stroke Management Market By Type (Diagnostics, Therapeutics, and Software), By Application (Ischemic Stroke and Hemorrhagic Stroke): Global Opportunity Analysis and Industry Forecast, 2022-2032." According to the report, stroke management industry was valued at $36.1 billion in 2022, and is anticipated to reach $74 billion by 2032, registering a CAGR of 7.4% from 2023 to 2033.

Key Points:

In the economic recession, the stroke management market is driven by technological advancements in stroke management solutions, rise in prevalence of stroke, and rise in new product approvals.
However, increased manufacturing and operating costs, and fluctuations and adverse movement in shipping costs impacted the stroke management market growth during the recession.
Based on type, the diagnostic segment held the highest market share in 2022, accounting for more than two-thirds of the stroke management market revenue, owing to increase in awareness and stroke diagnosis and technological advancement in diagnostic imaging.
Based on application, the ischemic stroke segment held the highest market share in 2022, accounting for four-fifths of the stroke management market revenue, owing to high prevalence of ischemic stroke as compared to hemorrhagic stroke.

New OfferUp Study Reveals Resale Gifting is Gaining Momentum for the 2023 Holiday Season as Stigma Around Giving and Receiving Secondhand Gifts Decreases

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Thursday, November 30, 2023

Holiday, Research, GlobalData, Electronics, City, Face, Recession, Online shopping, Retail, OfferUp

This increase in acceptance coincides with an overall decline in stigma around secondhand gifting, with 67% of shoppers saying the stigma has lessened.

Key Points:

This increase in acceptance coincides with an overall decline in stigma around secondhand gifting, with 67% of shoppers saying the stigma has lessened.
OfferUp also announces the most popular secondhand gifts across cities in the United States.
The 2023 OfferUp Recommerce Report: Holiday Special Release reveals that 75% of shoppers are open to giving secondhand holiday gifts in 2023, while 82% of shoppers are open to receiving secondhand holiday gifts, marking an 11% increase since 2022 and indicating more widespread societal acceptance ahead of the 2023 season.
82% of shoppers are open to receiving secondhand holiday gifts in 2023—marking an 11% increase from 2022.

Lockerbie & Co. Helps Clients Optimize Operations by Leveraging Contingent Labor during Economic Downturns

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Wednesday, November 15, 2023

Intelligence, Workforce, Lockerbie, Agility, Recession, Management, Construction

In response to the evolving market conditions and economic uncertainties, Lockerbie & Co. announces its proactive service offering to optimize operations and ensure continued productivity.

Key Points:

In response to the evolving market conditions and economic uncertainties, Lockerbie & Co. announces its proactive service offering to optimize operations and ensure continued productivity.
Leveraging contingent labor during periods of economic recession has been identified as a strategic initiative to maintain flexibility, streamline costs, and sustain high-quality output.
Contingent labor, comprising freelancers, contract workers, and temporary staff, provides our clients with the ability to swiftly scale resources based on demand fluctuations.
This flexible approach not only enables our clients to navigate economic downturns efficiently but also fosters innovation and expertise diversification within the workforce.

Artificial Intelligence in Drug Discovery Market Worth $4.9 Billion | MarketsandMarkets

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Monday, November 13, 2023

· By Demand Side: Purchase Managers (45%), Head of Artificial Intelligence, Machine Learning, Drug Discovery, and Computational Molecular Design (30%) and Research Scientists (25%).

Key Points:

· By Demand Side: Purchase Managers (45%), Head of Artificial Intelligence, Machine Learning, Drug Discovery, and Computational Molecular Design (30%) and Research Scientists (25%).
Artificial Intelligence in Drug Discovery Market - Report Highlights:
· Changes in the scope of the AI in drug discovery market: This latest edition of the report has a newly added segment based on primary and secondary insights, named therapeutic area, process and use case.
· Market Diversification: Exhaustive information about products, untapped regions, recent developments, and investments in the AI in drug discovery market.
· Competitive Assessment: In-depth assessment of market shares, strategies, products, distribution networks, and manufacturing capabilities of the leading players in the AI in drug discovery market.

Fabrics for Wall and Ceiling Coverings Market to Reach $2.4 Billion, Globally, by 2032 at 7.2% CAGR: Allied Market Research

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Tuesday, November 7, 2023

PDF, Culture, Camping, Growth, Vaccination, Urbanization, COVID-19, Recession, Developed country, Military personnel, Table, Tourism

WILMINGTON, Del., Nov. 7, 2023 /PRNewswire/ -- Allied Market Research published a report, titled, "Fabrics for Wall and Ceiling Coverings Market by Fabrics (Polyester, Polycotton, PVC, and Others), and Application (Textile-Based Wall Coverings, Stretch Ceilings, Acoustic Panels, and Partition Walls): Global Opportunity Analysis And Industry Forecast, 2023-2032". According to the report the fabrics for wall and ceiling coverings market was valued for $1.2 billion in 2022 and is estimated to reach $2.4 billion by 2032, exhibiting a CAGR of 7.2% from 2023 to 2032.

Key Points:

However, the pandemic also presented new opportunities for the fabrics for wall and ceiling coverings market.
· The Russia-Ukraine war had a significant impact on the fabrics for wall and ceiling coverings market, particularly in Ukraine and Russia.
However, the increase in the demand for outdoor tents for military personnel has a significant impact on the fabrics for wall and ceiling coverings market.
· Furthermore, the increase in the economic recession across the globe has a certain impact on tourism activities which directly have a significant impact on the fabrics for wall and ceiling coverings market.