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Share withThe medical device market in the Association of Southeast Asian Nations (ASEAN) represents one of the world’s most dynamic growth frontiers, propelled by strong macroeconomic fundamental, demographic shifts, and increasing healthcare expenditure. The broader Asia-Pacific market was valued at approximately USD 78.25 billion in 2024 and is on a trajectory to reach USD 147.77 […]
Share withThe Asia-Pacific aviation industry is experiencing rapid growth, leading to an increased demand for local aerospace services. Projections indicate that by 2034, this region will handle 42% of global air passenger traffic, accommodating an additional 1.8 billion passengers. Consequently, many major global aerospace companies are seeking to expand their presence in the Asia-Pacific, particularly […]
Share withThailand’s government has announced plans to introduce a carbon tax by 2025, making it the second ASEAN country after Singapore to adopt such a measure. The tax, priced at THB 200 (USD 5.88) per metric ton of carbon emissions, is designed to promote sustainable practices and tackle climate change. The tax will first apply […]
Share withThe global EV market share has grown significantly, rising from 28% in Q1 2023 to 41% in Q3 2024, though growth varies across markets. China’s PHEV market, which has tripled since early 2023, drove much of this increase, with over 3 million EVs sold in Q3 2024, accounting for more than half of global […]
Share withTo achieve the Paris Agreement’s 1.5°C warming limit, global greenhouse gas emissions must attain their peak before 2025, decrease by 43% by 2030, and reach net zero by 2050. Business has a critical role to play in achieving these ambitious targets. Accenture has tracked 2,000 of the world’s largest public and private companies by […]
Share withThe global automotive industry is accelerating its move toward sustainable mobility, and Southeast Asia is aligning with this transition. The adoption of electric vehicles (EVs) in the region is gaining traction, presenting promising opportunities to promote more sustainable, inclusive, and resilient growth. By capitalizing on their manufacturing strengths, Southeast Asian nations can significantly contribute […]
Share withThe medical device industry plays a critical role in shaping the future of healthcare. From lifesaving cardiac implants to cutting-edge diagnostic tools, these companies are constantly pushing boundaries to improve patient outcomes. This list unveils the top 15 medical device companies in the world for 2024, ranked by their annual sales revenue. It provides […]
Share withThe semiconductor and electronics parts manufacturing market is poised for a compound annual growth rate (CAGR) of 7.1% from 2024 to 2029. This growth is fueled by several key trends: the miniaturization of components, the integration of emerging technologies in the Industrial Internet of Things (IIoT), and the advancements in communication enabled by 5G. […]
Share withThe global internal combustion engine market has remained a preferred choice in the transportation industry for over a century due to its convenience and lower costs. With continuous technological advancements, internal combustion engines have become faster, more efficient, and powerful. The ease of refueling and the extensive network of oil filling stations worldwide have […]
Share withAccording to the Data Bridge Market Research report, the aerospace part manufacturing market is expected to undergo a CAGR of 4.50% during the forecast period (2023 – 2030). This indicates that the market value would rocket to USD 1,265.41 million by 2023 compared with USD 889.81 million in 2022. The global aerospace parts manufacturing […]
