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The global Stable Angina Management Market is expected to garner a market value of US$ 11 Billion in 2023 and is expected to accumulate a market value of US$ 25.1 Billion by registering a CAGR of 8.6% in the forecast period 2023 to 2033. The market for Stable Angina Management registered a CAGR of 5.2% in the historical period 2018 to 2022.
Report Attribute | Details |
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Expected Market Value (2023) | US$ 11 Billion |
Anticipated Forecast Value (2033) | US$ 25.1 Billion |
Projected Growth Rate (2023 to 2033) | 8.6% CAGR |
Report Scope
Report Attribute | Details |
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Market Value in 2023 | US$ 11 Billion |
Market Value in 2033 | US$ 25.1 Billion |
Growth Rate | CAGR of 8.6% from 2023 to 2033 |
Base Year for Estimation | 2022 |
Historical Data | 2018 to 2022 |
Forecast Period | 2023 to 2033 |
Quantitative Units | Revenue in USD Million and CAGR from 2023 to 2033 |
Report Coverage | Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends and Pricing Analysis |
Segments Covered |
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Regions Covered |
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Key Countries Profiled |
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Key Companies Profiled | Competition Deep Dive, Abbott, AstraZeneca, Bayer AG, Bristol-Myers Squibb Company, F. Hoffmann-La Roche Ltd, ALLERGAN, Gilead Sciences, Inc., GlaxoSmithKline plc., Novartis AG, Pfizer Inc. |
Customization | Available Upon Request |
What is the Geotechnical Engineering Market Size?
The geotechnical engineering market size is estimated to grow by USD 1.07 billion at a CAGR of 6.8% between 2024 and 2029. The market is experiencing significant growth due to the expansion of various sectors, particularly renewable energy. The integration of artificial intelligence (AI) in geotechnical engineering services is another key trend, enabling more accurate and efficient analysis of geological data. However, the high cost of advanced technologies remains a challenge for smaller players in the market. The renewable energy sector's growth is driving the demand for engineering services, as the installation of wind turbines and solar panels requires a thorough understanding of soil conditions. AI is revolutionizing the industry by providing real-time analysis of geological data, reducing the need for manual labor and increasing efficiency. Despite these opportunities, the high cost of advanced technologies, such as AI and geophysical sensors, is limiting the market growth for smaller companies. Overall, the geotechnical engineering market is poised for growth, with renewable energy and technological advancements presenting significant opportunities.
What will be the size of Market during the forecast period?
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Market Segmentation
The market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019 - 2023 for the following segments.
Application
Real estate
Infrastructure
Industrial
Type
Underground city space engineering
Slope excavation engineering
Ground foundation engineering
Geography
APAC
China
India
Japan
South Korea
North America
US
Europe
Germany
UK
France
Spain
Middle East and Africa
South America
Brazil
Which is the largest segment driving market growth?
The real estate segment is estimated to witness significant growth during the forecast period. Geotechnical engineering plays a crucial role in the real estate sector due to the increasing demand for safe and stable structures for residential, commercial, and industrial projects. The residential development segment is experiencing significant growth as a result of the pressing need for housing in urban areas.
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The real estate segment was valued at USD 953.70 million in 2019. Governments and private developers are investing heavily to address housing shortages, with initiatives such as the Canadian government's plan to transform six federal properties into 2,800 new homes announced in November 2023. Offshore projects, including oil and gas platforms and wind farms, also contribute to the market's growth. The use of geotechnical engineering in offshore projects ensures the stability of structures in challenging marine environments. Slope failures and landslides are common geotechnical issues that pose risks to infrastructure, particularly in hilly and mountainous regions. Geotechnical engineering solutions, such as those based on rock mechanics and artificial intelligence, help mitigate these risks. Recycled materials are increasingly being used in geotechnical engineering applications due to their environmental benefits and cost-effectiveness. Building information modeling (BIM) is another technology that is gaining popularity in the industry, as it enables the creation of digital models of structures, improving design and construction processes. These trends are expected to drive the growth of the market.
Which region is leading the market?
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APAC is estimated to contribute 36% to the growth of the global market during the forecast period. Technavio's analysts have elaborately explained the regional market trends and drivers that shape the market during the forecast period. The Asia Pacific region is experiencing substantial growth in the market due to extensive infrastructure development and urbanization. Urbanization and the increasing adoption of renewable energy projects further fuel the demand for geotechnical engineering technology in the Asia Pacific region. For instance, the development of substations and cabling infrastructure for renewable energy sources necessitates the expertise of geotechnical engineers to ensure the structural integrity of these installations on building sites and the seabed.
How do company ranking index and market positioning come to your aid?
Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence
The efficiency ratio of the U.S. banking industry fluctuated significantly between 2003 and 2024, signalling the varying performance and stability of the industry. The ratio, which measures the non-interest expense as a percentage of the net operating revenue, was 64.25 percent in the last quarter of 2024, notably lower than in the same quarter in the previous year. The highest efficiency ratios were measured during the global financial crisis in 2008.
Chip-On-Board LED Market Size 2024-2028
The chip-on-board (COB) LED market size is forecast to increase by USD 3.19 billion at a CAGR of 17.1% between 2023 and 2028. The market is experiencing significant growth, driven by technological innovations in COB LEDs. These advancements include improved thermal stability, which enhances the LED's lifespan and efficiency. Another trend is the adoption of COB LEDs in horticulture applications, where they provide optimal light distribution and energy savings. Additionally, the development of Chip Scale Packaging (CSP) LEDs is expanding the market's scope, offering smaller form factors and increased compatibility with various vegetable oils, such as palm oleic acid, linseed oil, and castor oil. Natural alkyd resins, with their high molecular weight and hydroxyl groups, are crucial for ensuring the unreacted acids and other impurities do not affect the LED's performance. Ensuring compatibility between these materials and the COB LEDs is essential for market success.
What will be the Size of the Market During the Forecast Period?
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The market is experiencing significant growth due to the increasing demand for energy-efficient lighting solutions and the advancements in LED technology. COB LEDs are integrated directly onto the printed circuit board, allowing for better heat dissipation and higher light output. One of the key factors driving the growth of the COB LED market is the use of thermoplastic materials in the production of COB LED modules. Thermoplastic materials, such as organic polyesters, are preferred due to their excellent thermal stability and compatibility with various coating applications. The polycondensation process is used to create these polyesters, which involves the reaction of polyhydric alcohols and polybasic acids.
Another important factor is the use of fatty acids, triglyceride oils, and vegetable oils, such as palm oleic acid, in the production of natural alkyd resins. These resins are used as binders in the coating applications for COB LED modules. The molecular weight and the presence of unreacted acids and hydroxyl groups in these resins play a crucial role in determining their compatibility with other components in the COB LED module. The brightness and color consistency of COB LEDs are critical factors for their adoption in various industries. Unreacted acids and hydroxyl groups in the coatings can affect the compatibility of the coating with the LED chips and the encapsulant material. Industrial coatings used in COB LED applications include nondrying alkyd, semidrying alkyd, drying alkyd, acrylated alkyd, waterborne alkyd, and silicon-modified alkyd.
Moreover, the thermal stability of these resins is also essential to ensure the longevity and reliability of COB LED modules. The use of advanced polyol technology in the production of these resins enhances their thermal stability and improves the overall performance of COB LEDs. In conclusion, the Chip-on-Board LED market is witnessing steady growth due to the increasing demand for energy-efficient lighting solutions and the advancements in LED technology. The use of thermoplastic materials, natural alkyd resins, and advanced polyol technology in the production of COB LED modules is driving the growth of this market. The focus on improving the brightness, color consistency, and thermal stability of COB LEDs is expected to continue, leading to new innovations and applications in various industries.
Market Segmentation
The market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.
End-user
General lighting
Automotive lighting
Backlighting
Geography
APAC
China
Japan
South Korea
Europe
Germany
North America
US
South America
Middle East and Africa
By End-user Insights
The general lighting segment is estimated to witness significant growth during the forecast period. The market encompasses the adoption of LED lighting solutions constructed on COB LED packages. These LED lamps and fixtures find extensive applications in commercial settings, including restaurants, bars, hotels, offices, malls, and industrial facilities. Additionally, they are utilized in public infrastructure projects such as streets, highways, bridges, tunnels, taxiways, and runways, as well as in residential establishments. The general lighting sector represents a significant market for COB LEDs due to the increasing regulatory pressure on energy consumption and carbon emissions. Various governments are aiming to minimize the maintenance expenses of public infrastructure. The emphasis on energy conservation and the reduction of greenhouse gas emissions has driven governments and local authorities to
In 2023, the services sector's share in Germany's gross domestic product amounted to 69.6 percent, while the secondary and primary sectors generated less than a third of GDP together.
At your service
The tertiary, or services, sector encompasses all kinds of intangible goods, like consulting and advice, transport, or attention. If a country generates its GDP mostly via services, this is often through industries like tourism (including accommodation and hospitality), financial services, or telecommunications. Germany is a popular tourist destination and an important financial hub.
Germany is not a “service desert”
The services sector in Germany not only generates most of the country’s GDP, it also employs the vast majority of the workforce with over 70 percent. Lately, business confidence in the German services sector has increased significantly, which suggests a stable economy and ideally an increase in production and output in the future. This projection is supported by rising GDP and a stable inflation rate at around two percent.
The industry has faced volatility, driven partly by fluctuations in military spending as a percentage of GDP. Historically, declines in federal contracts, particularly following the drawdown of US military involvement in Iraq and Afghanistan, have strained industry revenue. The aftermath of the 2008 financial crisis also spurred government efforts to reduce overall spending, impacting defense budgets and strategic priorities. This shift has redirected focus towards addressing non-traditional security threats like cyber warfare, necessitating different defense capabilities and investments. While these changes have negatively affected the industry, stable demand from local law enforcement agencies has provided some stability through regular replacement cycles.The conflict in Ukraine in early 2022 led to a notable uptick in industry revenue due to heightened demand for body armor exports. This surge was driven by increased international shipments to support Ukrainian forces. The expected increase in the Department of Defense budget for 2024 is poised to elevate demand for body armor, primarily from the Army, even as demand from the Marine Corps is anticipated to decline. As a result, industry revenue is expected to rise 7.4% in 2024. Despite the positive outlook for 2024, industry revenue is projected to decline at a CAGR of 2.6% through 2024, reaching $770.8 million. This decline is mainly attributed to a significant drop in demand experienced in 2020.Increased defense spending, driven by geopolitical tensions and rising operational costs, will lead to expanded contracts for body armor. While demand is expected to temporarily decrease in 2025, subsequent years will see growth, supported by new Vital Torso Protection and Army production contracts. However, the industry's growth may be tempered by a slower rate compared to overall defense spending due to strategic shifts towards major power competition and emerging technologies, potentially impacting the body armor sector despite ongoing advancements in lighter and stronger materials. Overall, industry revenue is projected to grow at a CAGR of 0.2%, reaching $780.4 million by 2029.
Automotive Differential Gear Market Size 2024-2028
The automotive differential gear market size is forecast to increase by USD 5.65 billion at a CAGR of 4.36% between 2023 and 2028. The market is experiencing significant growth due to several key factors. One trend driving market expansion is the rising popularity of SUVs, which require strong differential gears to effectively distribute power to the wheels and navigate curves with ease. Another factor is the development of epicyclic train technology, which allows for more efficient power transfer between shafts in the rear axle of automotive vehicles. Additionally, advancements in braking systems have led to improved response times, further increasing the demand for high-performance differential gears. However, the market is not without challenges, including the risk of product recalls due to manufacturing defects or design issues. Despite these hurdles, the future looks bright for the market as it continues to play a crucial role in enhancing the performance and safety of automotive vehicles.
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The market is a significant component of the global automotive industry. Differential gears play a crucial role in enabling vehicles to navigate curves and corners by distributing power evenly to the wheels on each side of an axle. This ensures optimal traction and stability. Rear wheel drive and all-wheel drive technology play key roles in the performance of multi-utility and off-road vehicles, enhancing their handling on high speed curves and rough terrain. These vehicles rely on advanced braking systems and drive wheels to ensure stability, while the electronic control unit (ECU) and electronic circuits optimize power distribution and vehicle response in various conditions, including passenger vehicles designed for both on-road and off-road use. The market caters to various vehicle segments, including passenger cars and commercial vehicles. Passenger cars incorporate front-wheel drive (FWD) and rear-wheel drive (RWD) systems, while commercial vehicles, such as buses, heavy trucks, and light commercial vehicles, utilize differential gears in their heavy-duty engine systems. Key trends shaping the market include advancements in technology and increasing demand for fuel efficiency.
Furthermore, modern differential gears employ epicyclic trains, which consist of sun gear, planet gears, and annulus gear. The rotation of these gears facilitates the transmission of power from the engine to the wheels while allowing for a significant reduction in the size and weight of the gearbox. Moreover, the integration of advanced features like locking differentials and torque vectoring differentials has become increasingly popular in both passenger cars and commercial vehicles. These systems enhance vehicle performance by optimizing torque distribution between the wheels, improving traction and stability, particularly during challenging driving conditions. The market is driven by several factors.
Moreover, the growing demand for premium SUVs and sedans, which often feature advanced differential systems, is a significant growth driver. Additionally, the increasing popularity of electric vehicles (EVs) and the integration of electric motors, traction motors, electric compressors, and batteries in their powertrains, necessitate the use of efficient and strong differential gears. In terms of vehicle types, the trucks segment is expected to witness substantial growth in the market. The increasing demand for heavy-duty trucks and the need for improved traction and stability in heavy commercial vehicles are key factors driving this growth. In conclusion, the market is a dynamic and evolving sector within the automotive industry.
Market Segmentation
The market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.
Channel
Aftermarket
OEM
Vehicle Type
Passenger cars
Commercial vehicles
Geography
APAC
China
India
Japan
North America
US
Europe
Germany
South America
Middle East and Africa
By Channel Insights
The Aftermarket segment is estimated to witness significant growth during the forecast period. The automotive aftermarket caters to the production and sale of vehicle components, chemicals, and accessories following the original equipment manufacturer's (OEM) sale of the car to the consumer. This market encompasses replacement, collision, aesthetic, and performance parts. The aftermarket provides consumers with a diverse selection of parts, catering to various quality levels and price points for almost all vehicles and models.
Furthermore, consumers have the flexibility to either repair their vehicles independently or seek professional assistance. Th
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This paper analyzes the causes of equity pledge, external conduction mechanisms, and economic consequences from the perspective of insurance participation by integrating insurance participation, equity pledge, and stock price crash risk into a unified framework. An empirical analysis of sample data from listed companies in Shanghai and Shenzhen between 2007–2021, indicates that equity pledge reduces the risk of collapse as companies hedge the risk induced by the equity pledge. Further research has revealed that insurance participation can mitigate stock price crash risk brought by equity pledge through a regulatory effect, which is more pronounced for private companies and those with a high shareholding ratio, and companies in manufacturing industry. This is because private companies have a higher demand for capital as their property rights are not state-owned, the degree of separation of powers and agency conflicts is greater in companies held by large shareholders, manufacturing companies usually have stable earnings and cash flow performance, and the financial support provided by insurers for equity pledges at risk can effectively reduce the risk of their collapse.
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The global laboratory supplies market was valued at US$ 35 Billion in 2021 and is projected to exhibit a compound annual growth rate (CAGR) of 8% from 2022 to 2032. The market is majorly driven by the rise in funding and investment in R&D activities in the field of pharmaceutical and biotechnology. The market is expected to grow at a steady rate in the coming years owing to the continuous and stable supply of laboratory equipment.
Report Attribute | Details |
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Estimated Base Year Value (2021) | US$ 35 Billion |
Expected Market Value (2022) | US$ 37.8 Billion |
Anticipated Forecast Value (2032) | US$ 81.61 Billion |
Projected Growth Rate (2022 to 2032) | 8% CAGR |
Report Scope
Report Attribute | Details |
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Market Value in 2022 | US$ 37.8 Billion |
Market Value in 2032 | US$ 81.61 Billion |
Growth Rate | CAGR of 8% from 2022 to 2032 |
Base Year for Estimation | 2021 |
Historical Data | 2017 to 2021 |
Forecast Period | 2022 to 2032 |
Quantitative Units | Revenue in USD Billion and CAGR from 2022 to 2032 |
Report Coverage | Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends and Pricing Analysis |
Segments Covered |
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Regions Covered |
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Key Countries Profiled |
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Key Companies Profiled |
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Customization | Available Upon Request |
The number of domestic companies listed on the Nasdaq and on the New York Stock Exchange (NYSE) has seen some fluctuations since 2018. As of the end of 2023, the NYSE had a total of 2,132 listed domestic and international companies, while the figure for the Nasdaq was much higher, standing at 3,289 . Despite this, the NYSE has a higher market capitalization than the Nasdaq. What are the top listed companies? The NYSE has been a home for stable and long-lasting firms, also known as “blue-chip” companies. For example, Berkshire Hathaway, established in 1839, is the largest company traded on the NYSE. On the other hand, the Nasdaq has been known for listing major tech companies. For instance, Apple is the largest company listed on the Nasdaq. As of 2024, both companies were among the biggest companies in the world in terms of market capitalization. Which stock exchange has the most companies worldwide? Although the NYSE and the Nasdaq are the world’s largest two stock market operators by market capitalization, the Japan Exchange Group (JPX) is the biggest stock exchange in the world based on the number of companies. The JPX was created in 2013 through the merger of the Tokyo Stock Exchange and the Osaka Securities Exchange and is also one of the largest stock exchanges in the world based on total market capitalization.
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Test results of the sample of private enterprises and state-owned enterprises.
In 2024, the gross domestic product (GDP) of Taiwan amounted to around 25.5 trillion New Taiwan dollars or 793.2 billion U.S. dollars (at current prices). Annual GDP growth increased to 4.3 percent in 2024 and was forecasted to reach 3.3 percent in 2025. Quarterly GDP growth reached 1.8 percent in the fourth quarter of 2024. Taiwan’s economic development Gross domestic product (GDP) measures the value of all goods and services produced in an economy over a certain time, normally a year. It is a primary indicator of economic strength. Although Taiwan is a comparatively small island, it has a highly developed economy with a high per capita GDP in comparison to other economies in Asia-Pacific.Taiwan is highly integrated in international value chains and is well known for its computer and chip industries. Over the last decade, Taiwan experienced stable economic growth averaging more than three percent, and had comparatively low inflation and unemployment rates. Important economic sectors Taiwan maintains a significant industrial sector. Manufacturing alone contributes around one third to the total GDP, while wholesale and retail trade made up for around 16 percent in 2023. This is due to a high export orientation of the economy, with electronic parts being the leading export products. The service sector has been stable at around 62 percent of the GDP over the last decade.
In 2023, the real gross domestic product (GDP) in the Philippines grew by approximately 5.55 percent, marking the highest growth rate in Southeast Asia. In comparison, Singapore's real GDP growth rate dropped to less than 1.1 percent. Most Southeast Asian economies are projected to see an increase in their real GDP growth rates in 2025 compared to 2023, except for Laos and Myanmar. Southeast Asia, a tapestry of economic and cultural complexity Historically a critical component of global trade, Southeast Asia is a diverse region with heterogeneous economies. The region comprises 11 countries in total. While Singapore is a highly developed country economy and Brunei has a relatively high GDP per capita, the rest of the Southeast Asian countries are characterized by lower GDPs per capita and have yet to overcome the middle-income trap. Malaysia is one of these countries, having reached the middle-income level for many decades but yet to grow incomes proportionally to its economic development. Nevertheless, Southeast Asia’s young population will further drive economic growth across the region’s markets. ASEAN’s economic significance Aiming to promote economic growth, social progress, cultural development, and regional stability, all Southeast Asian countries except for Timor-Leste are part of the political and economic union Association of Southeast Asian Nations (ASEAN). Even though many concerns surround the union, ASEAN has avoided trade conflicts and is one of the largest and most dynamic trade zones globally. Factors such as the growing young population, high GDP growth, a largely positive trade balance, and exemplary regional integration hold great potential for future economic development in Southeast Asia.
This statistic presents the Gross Gaming Revenues (GGR) as a share of Gross Domestic Product (GDP) in selected European countries in 2019. The GGR is a key metric used within the gambling industry to refer to the difference between the amount of money received by a given agent, and the amount of money payed out by the agent. Sales revenue can be thought of as a comparable metric from outside the gambling industry. Gross Domestic Product (GDP) Gross domestic product (GDP) is a measure of the market value of all goods and services produced within a region over a given time period. Although more often described in terms of its rate of growth, it is frequently used as an indicator of a country’s economic stability, and by extension, social welfare. As a result both national and international policy decisions are frequently made with the primary purpose of elevating GDP. The connection between the economic stability of a region, as described by its GDP, and the extent to which is describes social welfare is highly contested. The most common critique relates to the fact that many of the goods and services that contribute to GDP have a negative effect on social welfare. Polluting chemicals and processes, nuclear warheads, cigarette industry, the destruction of natural environments and many other goods and services, that clearly undermine prosperity, all contribute to the GDP metric. Despite these critiques there is clearly an intuitive relationship between the goods and services to which we assign value and to the goods and services we feel improve our lives. GGR as a share of GDP GGR from regulated operators in Greece were estimated to be approximately 2.2 billion euros in 2019, accounting for 1.16 percent of the country’s GDP. Similarly the GGR from regulated operators in Italy accounted for 1.06 percent its GDP. This statistic clearly illustrates that for many countries the gambling industry is responsible for a significant proportion of GDP. Although the social costs and benefits of gambling are not discussed here, this statistic provides a compelling incentive to investigate the effect of the gambling industry on social welfare.
Inflation is generally defined as the continued increase in the average prices of goods and services in a given region. Following the extremely high global inflation experienced in the 1980s and 1990s, global inflation has been relatively stable since the turn of the millennium, usually hovering between three and five percent per year. There was a sharp increase in 2008 due to the global financial crisis now known as the Great Recession, but inflation was fairly stable throughout the 2010s, before the current inflation crisis began in 2021. Recent years Despite the economic impact of the coronavirus pandemic, the global inflation rate fell to 3.26 percent in the pandemic's first year, before rising to 4.66 percent in 2021. This increase came as the impact of supply chain delays began to take more of an effect on consumer prices, before the Russia-Ukraine war exacerbated this further. A series of compounding issues such as rising energy and food prices, fiscal instability in the wake of the pandemic, and consumer insecurity have created a new global recession, and global inflation in 2024 is estimated to have reached 5.76 percent. This is the highest annual increase in inflation since 1996. Venezuela Venezuela is the country with the highest individual inflation rate in the world, forecast at around 200 percent in 2022. While this is figure is over 100 times larger than the global average in most years, it actually marks a decrease in Venezuela's inflation rate, which had peaked at over 65,000 percent in 2018. Between 2016 and 2021, Venezuela experienced hyperinflation due to the government's excessive spending and printing of money in an attempt to curve its already-high inflation rate, and the wave of migrants that left the country resulted in one of the largest refugee crises in recent years. In addition to its economic problems, political instability and foreign sanctions pose further long-term problems for Venezuela. While hyperinflation may be coming to an end, it remains to be seen how much of an impact this will have on the economy, how living standards will change, and how many refugees may return in the coming years.
The statistic shows the growth rate of the real gross domestic product (GDP) in Japan from 2019 to 2023, with projections up until 2029. In 2023, Japan's GDP increased by 1.68 percent compared to the previous year. For comparison, the GDP growth rate of China had reached about 8.45 percent that same year.Gross domestic product growth rate in JapanGDP serves as one of the most heavily relied upon indicators to gauge the state and health of a country’s economy. GDP is the total market value of all final goods and services that have been produced within a nation’s borders in a given period of time, usually a year. GDP figures allow a more fundamental understanding of a country’s economy. Year-on-year GDP growth acts as a helpful and clear sign of the direction in which a country is moving in economic terms. Real GDP is especially useful and insightful as it takes price changes (inflation and deflation) into account.The gross domestic product growth rate in Japan has been shaky since the recession of 2008 struck the world economy like a bolt out of the blue and Japan is still yet to gain a solid foothold. Despite its ongoing financial predicament however, Japan remains one of the world’s most highly developed economies. The economy of Japan is the third largest worldwide by nominal GDP and the nation has a very active manufacturing sector. It is active in the auto manufacturing sector, the third largest in the world after the United States and China, and has an electronics industry that is counted among the worlds most innovative. Japan can boast many titles, but perhaps the most significant to its future stability is that which relates to its astronomical national debts, currently running at over 200 percent of GDP, roughly 10.5 trillion US dollars.
The statistic depicts Australia's gross domestic product (GDP) from 1987 to 2023, with projections up until 2029. In 2023, GDP in Australia amounted to about 1.74 trillion US dollars. See global GDP for a global comparison.
Australia’s economy and population
Australia’s gross domestic product has been growing steadily, and all in all, Australia and its economic key factors show a well-set country. Australia is among the countries with the largest gross domestic product / GDP worldwide, and thus one of the largest economies. It was one of the few countries not severely stricken by the 2008 financial crisis; its unemployment rate, inflation rate and trade balance, for example, were hardly affected at all. In fact, the trade balance of Australia – a country’s exports minus its imports – has been higher than ever since 2010, with a slight dip in 2012. Australia mainly exports wine and agricultural products to countries like China, Japan or South Korea. One of Australia’s largest industries is tourism, which contributes a significant share to its gross domestic product. Almost half of approximately 23 million Australian residents are employed nowadays, life expectancy is increasing, and the fertility rate (the number of children born per woman) has been quite stable.
A look at the distribution of the world population by continent shows that Australia is ranked last in terms of population and population density. Most of Australia's population lives at the coast in metropolitan areas, since parts of the continent are uninhabitable. Unsurprisingly, Australia is known as a country with very high living standards, four of its biggest cities – Melbourne, Adelaide, Sydney and Perth – are among the most livable cities worldwide.
This statistic depicts the brand value of the leading 10 most valuable luxury brands worldwide in 2024. In that year, Chanel was the third most valuable luxury brand worldwide with a brand value of about 60 billion U.S. dollars.Luxury goodsThe global luxury goods industry, which includes drinks, fashion, cosmetics, fragrances, watches, jewelry, luggage and handbags, has been on an upward climb for many years. Although the technical term 'luxury good' is independent of the goods' quality, they are generally considered to be goods at the highest end of the market in terms of quality and price. Luxury goods manufacturers meet consumer demand by focusing on brand, aesthetics, quality materials, superior craftsmanship and pricing to transform everyday objects into status symbols. The industry rises and falls with the gross domestic product (GDP), seeing demand climb in times of economic stability and plummeting in unfavorable economic climates. The United States has long been the largest regional market for luxury goods and it was estimated to continue to be the leading personal luxury goods market in 2024, with a value of 77 billion euros. LVMH (Louis Vuitton Moet Hennessy) was the most valuable luxury brand in the world, with a brand value of about 130 billion U.S. dollars in 2024. The LVMH Group's total revenue for the 2023 fiscal year was about 86 billion euros. Moët Hennessy Louis Vuitton, more commonly referred to as LVMH Group, is a French luxury goods conglomerate. The company is primarily known for its fashion house, known as Louis Vuitton, named after its founder. The conglomerate operates globally, selling luxury leather goods, handbags, ready-to-wear fashion, and other fashion accessories. Since 1989, the company has been run by Frenchman Bernard Arnault, following the merger of the luxury goods producer with champagne producer Moët & Chandon and cognac manufacturer Hennessy.New markets and segments are giving the industry growth points. One challenge for luxury companies is to maintain brand equity and cultivate their customer relationships. As luxury expands into more industries, expect a more mature segmented market. As a result, consumers should also become more rational.
The statistic shows the gross domestic product (GDP) in Switzerland from 1987 to 2023, with projections up until 2029. GDP refers to the total market value of all goods and services that are produced within a country per year. It is an important indicator of the economic strength of a country. In 2023, GDP in Switzerland amounted to around 894.81 billion U.S. dollars. Economy and gross domestic product of Switzerland Switzerland’s gross domestic product has hardly been affected by the global economic crisis of 2008, if anything, figures have been increasing steadily. After a brief stint in the negative range in 2009, gross domestic product / GDP growth in Switzerland has been positive every year, with 2010 marking the most successful year since the crisis. Switzerland’s share in global GDP (adjusted for Purchasing Power Parity) however, has been declining continually for the past decade. All in all, Switzerland is a fairly wealthy country with a stable economy. This is reflected in its employment figures and national debt, as well as the abovementioned fact that Switzerland remained largely unaffected by the economic crisis. Additionally, Switzerland was first on a ranking of countries with the highest wealth per adult, with an average national wealth of more than 540 million US dollars per Swiss adult. Subsequently, Switzerland is also one of the leading countries with the highest rate of millionaires, which is probably due to Switzerland’s unequaled low tax rates. Switzerland’s economy is said to be highly competitive, its most important sector is manufacturing, with numerous large corporations being headquartered in the country. Main exports include chemicals, as well as precision watches and instruments.
In the first quarter of 2025, Apple generated a total of 26.34 billion U.S. dollars in services revenue. These services include iTunes, the company’s online entertainment library, as well as software, digital content, AppleCare, Apple Pay, and licensing. Overall, Apple’s services segment has shown strong growth over the last few years, passing the mark of ten billion U.S. dollars in revenue in a quarter for the first time in 2018. Apple's services segment now only trails the revenue generated by its largest segment, the iPhone, which brings in tens of billions of U.S. dollars each quarter. Apple Inc. Since its famous beginning in a garage in California, Apple has grown into a giant of the technology industry, becoming one of the most valuable companies in the world. Every year, it brings in hundreds of billions of U.S. dollars and revolutionize the industry time and time again with its various consumer electronic devices. Some of the company’s most famous products include the Apple I, MacBook, iPod, Apple Watch, and the iPhone. In order to continue to innovate and improve its product offerings, Apple allocates over ten billion U.S. dollars per year towards its research and development budget. This massive R&D budget not only helps from a hardware perspective, but also assists in the development of more digital solutions to everyday needs such as iCloud and Apple Pay.
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The global Stable Angina Management Market is expected to garner a market value of US$ 11 Billion in 2023 and is expected to accumulate a market value of US$ 25.1 Billion by registering a CAGR of 8.6% in the forecast period 2023 to 2033. The market for Stable Angina Management registered a CAGR of 5.2% in the historical period 2018 to 2022.
Report Attribute | Details |
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Expected Market Value (2023) | US$ 11 Billion |
Anticipated Forecast Value (2033) | US$ 25.1 Billion |
Projected Growth Rate (2023 to 2033) | 8.6% CAGR |
Report Scope
Report Attribute | Details |
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Market Value in 2023 | US$ 11 Billion |
Market Value in 2033 | US$ 25.1 Billion |
Growth Rate | CAGR of 8.6% from 2023 to 2033 |
Base Year for Estimation | 2022 |
Historical Data | 2018 to 2022 |
Forecast Period | 2023 to 2033 |
Quantitative Units | Revenue in USD Million and CAGR from 2023 to 2033 |
Report Coverage | Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends and Pricing Analysis |
Segments Covered |
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Regions Covered |
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Key Countries Profiled |
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Key Companies Profiled | Competition Deep Dive, Abbott, AstraZeneca, Bayer AG, Bristol-Myers Squibb Company, F. Hoffmann-La Roche Ltd, ALLERGAN, Gilead Sciences, Inc., GlaxoSmithKline plc., Novartis AG, Pfizer Inc. |
Customization | Available Upon Request |