Component Makers Sector Scorecard - Thematic Intelligence

Component Makers Sector Scorecard - Thematic Intelligence

Summary

Component makers will continue to face challenging times in 2023 as global economies struggle amid high inflation, climbing interest rates, and tightening credit for businesses. Ongoing supply chain problems and chip shortages will compound their difficulties.

Key Highlights

Batteries must help achieve significant climate change progress by 2040. The thematic screen of GlobalData’s component makers sector scorecard clearly shows where the power lies in the batteries theme, with two Chinese companies, BYD and CATL, and one South Korean company, LG Chem, leading the way with thematic scores of 5 out of 5. BYD has introduced the world’s first electric vehicle (EV) powered by sodium-ion batteries, while CATL is ready to scale up production to meet demand. Belgium’s Umicore, which provides battery components, is another leader in the batteries theme.

The first and second quarters of 2023 saw accelerating progress in generative artificial intelligence (AI) initiatives across the technology sector. Generative AI will increasingly be used in office automation, and there will be significant adoption in coding as well. Anticipating new use cases as AI familiarity grows, component makers must continue developing their generative AI capabilities.

Scope

• This sector scorecard provides a top-down, comprehensive outlook for the key players in the component makers sector over the next two years, based on the key themes set to transform their industry landscape.

Reasons to Buy

• Companies that invest in the right themes become success stories. Those that miss the important themes in their industry end up as failures.
• GlobalData’s thematic research ecosystem is a single, integrated global research platform that provides an easy-to-use framework for tracking all themes across all companies in all sectors. It has a proven track record of identifying the important themes early, enabling companies to make the right investments ahead of the competition, and secure that all-important competitive advantage.
• At GlobalData, we have developed a unique thematic methodology for ranking all major companies in all major sectors based on their relative strength in the big themes that are impacting their industries.
• Our thematic engine tags over 145 million data items across five alternative data sets—patents, jobs, deals, filings, and news—to themes. The vast datasets within our thematic engine help our analysts to produce sector scorecards that identify the companies best placed to succeed in a future filled with multiple disruptive threats.