Press Releases from Lucintel (363 total)

Growth in the natural gas vehicles has driven the composite CNG tanks in the automotive industry. Composite CNG tanks are lightweight which results into fuel efficiency of the vehicles which drive the market. Europe has been the top region in terms of total CNG tanks demand whereas ROW saw the highest growth rate due to rapidly increasing demand for alternative fuel powered vehicles and small base phenomena. Total worldwide composite…

The GDP of the third largest economy in the world, Japan, is expected to grow at a declining rate and reach an estimated $5.94 trillion by 2018 at the current price. Decrease in domestic consumption as a result of declining population is expected to affect the economic growth. The country, however, will be benefitted from significant exports due to recovery of the US economy and depreciating yen against the US…

Increasing terrorism and domestic disputes are the major factors encouraging deployment of advanced military armaments across the globe. Global defense land vehicle industry is highly dependent on government military expenditures which have seen considerable reduction in the recent years due to economic slowdown. Lucintel expects a flat growth in the industry considering the recent cuts in defense budgets, in North America and Europe, with increasing demand from developing nations. Global…

The GDP of the third largest economy in the world, Japan, is expected to grow at a declining rate and reach an estimated $5.94 trillion by 2018 at the current price. Decrease in domestic consumption as a result of declining population is expected to affect the economic growth. The country, however, will be benefitted from significant exports due to recovery of the US economy and depreciating yen against the US…

Growing demand for oil and gas storage systems, and expansion of chemical plants are likely to boost the global FRP tank market. Lucintel expects moderate growth in the market, especially in APAC region which is observing high demand for FRP tanks. Global FRP tank market is expected to reach $2,165 million in 2018 promising a huge opportunity for the firms operating across the value chain of global FRP tank market. Lucintel,…

Increase in external as well as domestic demand is expected to boost high economic growth of Chile. As the country is having world’s third largest copper reserves, so increase in copper prices will also have significant positive impact on the economic growth of Chile. Chilean economy is likely to grow to $283.7 billion at the current price by 2019, with a CAGR of 5.5% during 2014 to 2019. Economic…

The Nigerian economy is likely to be driven by growth in the telecommunications, building and construction, and hotel & restaurants industries during the forecast period. Recovery of the global economy, particularly European countries would positively impact the Nigerian economy. Oil and gas is one of the major sectors of the country, contributing significantly to total export. Increase in international oil prices would boost the oil and gas sector as well…

The global gaming software industry witnessed strong growth during the last five years and is expected to continue the same growth momentum and reach an estimated $80.7 billion by 2018. Due to lack of direct alternative for gaming software, the industry is expected to flourish as long as smartphones, consoles, and handheld gaming devices exist. The next generations of consoles will further boost the industry over the forecast period. Lucintel, a…

The global battery industry witnessed good growth during the past decade and holds immense growth potential for the future. The global market size for batteries is expected to reach $86.6 billion by 2018. The industry is boosted by growing demand of battery in consumer electronic products and automotive vehicles. Growing demand of electric, hybrid electric, and plug-in hybrid electric vehicles are creating huge growth opportunities for the battery industry. Technological…

The global epoxy market revenue is forecast to reach an estimated $17.0 billion in 2018 on account of continuous growth in end user industries such as construction, automotive, adhesives and wind energy. Rising demand of epoxy in power coatings, water borne coatings, electrical and electronic laminates, flooring and paving applications will drive the industry over the forecast period of 2013-2018. Lucintel, a leading global management consulting and market research firm has…

The global alcoholic beverage market is expected to witness moderate growth and reach an estimated $1,369.5 billion by 2018. Increasing demand of alcoholic beverages in emerging countries because of their huge population base and growing consumption of alcohol by the young generation as well as rising disposable income supports the industry growth. Alcoholic beverage includes three segments such as wine, beer, and spirit. Lucintel, a leading global management consulting and…

The US chocolate industry is expected to experience moderate growth and reach an estimated $19.3 billion in 2018. Innovation of new products in dark chocolate and milk chocolate segment with new flavors and low calorie such as sugar-free chocolates will increase the growth of retail chocolate industry. Occasion and celebration is a factor that impacts the selling and production of chocolate and ultimately leads the increased company revenue which boosts…

Lucintel, a leading global management consulting and market research firm, has analyzed the global retailindustryand presents its findings in “Global Retail Industry Analysis 2012-2017: Industry Trend, Profit and Forecast Analysis.” The retail industry includes enterprises engaged in selling merchandise or commodities for personal or household consumption, mainly consisting of apparel and accessories, technology, food and beverages, home improvement,specialty,and pharmaceuticals.As developed nations emerge from recession, this market will enjoy continued growth. As indicated…