The global biomedical refrigerators and freezers market is slated to magnify at a strong CAGR of 4.2% over the period amid 2016 and 2024. The market, which was worth $2.91 billion in 2015, is predicted to upswing to $4.28 billion by 2024…
BMI View: Canada's light vehicle market will contract in 2017, led by the accelerated contraction in the
passenger car segment as consumers move further towards smaller SUVs. The future of the manufacturing
sector, meanwhile, will be decided in the latest negotiations between the Detroit Three and Unifor.
? Light vehicle sales will achieve another record in 2016, reaching 1.9mn units, before a contraction of
0.3% in 2017.
? New product for Canadian plants will be central to negotiations between the three main OEMs and the
Unifor union, which could be decisive for the future of domestic manufacturing.
? The government's support for electric vehicles will provide a boost to the developing segment.