Lucintel Anticipates Global Coal Industry to Reach $1,037 Billion by 2018

The global coal industry is expected to reach an estimated value of $1,037 billion by 2018. The major drivers of the coal industry are rising economic growth, increasing manufacturing base, and increasing demand for electricity. Availability of coal in abundance and relatively lower cost for coal generated power plants drives the demand for coal. APAC is likely to dominate this industry during forecast period. Lucintel, a leading global management consulting and market research firm, has analyzed the global coal i...
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Lucintel Forecasts Higher Growth for Global Defense Land Vehicle Industry

The global defense land vehicle industry comprises battle tanks, armored combat vehicles and personnel carriers, infantry fighting vehicles, artillery, tactical vehicles, and other armored protective vehicles. The industry is highly consolidated in terms of suppliers as well as buyers and is highly dependent on government spending.The industry is forecast to reach an estimated $32.7 billion by 2020 at a CAGR of 1.3% over the next eight years (2013-2020). Continued uncertainty in global affairs, threat of terrorism, and instability in the Middle East will influence the purchase of defense land ...
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Lucintel PESTLE Analysis of Luxembourg 2013: Low Government Debt and Favourable Credit Rating are Likely to Boost Luxembourg Economy

Luxembourg economy is dominated by service sector which contributed approximately 93% of the total GDP in 2013. The country had gone through the global recession in 2009 as well as Euro debt crisis in 2012, but strong fundamentals have led the country to survive and prosper. Technology-based industries are expected to play a vital role in economic development, considering increased role of IT infrastructure in different service industries such as financial intermediaries, business services, etc. Automotive industry is one of the key emerging industries in Luxembourg which is attracting many le...
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Lucintel PESTLE Analysis of Ireland 2013: Service Sector to Attract Ample Foreign Direct Investments and Drive the Economy

Recovery of global economy, particularly Europe is likely to impact the growth of the Irish economy. The service sector is the major contributor with 72% share in GDP. Apart from hi-tech and energy industries, financial intermediaries are driving the Irish economy. IT, communication, media, and renewable energy industries are likely to drive the Irish economy. The Irish economy is likely to grow to $263.9 billion at the current price by 2018 at a CAGR of 2.5% during 2013-2018. Lucintel, a leading global management consulting and market research firm, has conducted a detailed analysis on thi...
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Lucintel Report Outlines Service and Manufacturing Sectors as Key Drivers of Ghana’s Economy

 

The economy of Ghana experienced a moderate growth during the last decade. The country is likely to experience good growth and reach an estimated $70.4 billion by 2018. The service and the manufacturing sectors are the two major contributors to Ghana’s GDP. Being the major source of income for the economy, the service sector made maximum contribution to the total GDP in 2012. In this sector, wholesale and retail, finance and insurance, information and communication, transport, and real estate and renting industries have emerged as the major contribu...
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Lucintel PESTLE Analysis of Chile 2014: Chilean Presidential Election 2014 will pave the Way for Economic Reforms

Michelle Bachelet's return to the Chilean presidency in 2014 will pave the way for a highly ambitious reform agenda, which seeks to raise taxes and introduce higher quality free education in the country. But due to an insufficient parliamentary majority, the centre-left coalition will need to compromise on reforms. Lucintel, a leading global management consulting and market research firm, has conducted a detailed analysis of this economy and presents its findings in “PESTLE ...
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