As soon as this statistic is updated, you will immediately be notified via e-mail. Scenarios of Impact of Coronavirus on Automation Markets and Supply Chains. 21 January 2021. One area where COVID-19 is likely to have a genuinely positive impact is the savings market. IBISWorld has developed an Industry Exposure Toolto help companies understand which industries have high trade exposure to China. All industries have been impacted by the COVID-19 crisis, with varying degrees of severity. Revenue challenges and the need for employees to rapidly transition to remote work has been common across all industries. You can only download this statistic as a Premium user. As governments make significant interventions in response to the coronavirus, businesses are rapidly adjusting to the changing needs of their people, their customers and suppliers, while navigating the financial and operational challenges. Currently, estimates are that the Asia-Pacific region will be most heavily impacted with 63.4 million job losses. Share. Covid-19 has certainly adversely impacted international insurance markets for a number of years to come. Then you can access your favorite statistics via the star in the header. 3 - significant impact Available to download in PNG, PDF, XLS format, Access to this and all other statistics on 80,000 topics from, *The impact is ranked on a 5-point scale from minor impact to severe impact: The agriculture industry may have to adapt and evolve, but it will always be a fundamental part of our society. Please do not hesitate to contact me. IDC is closely … Learn more about how Statista can support your business. COVID-19 and the aviation industry: Impact and policy responses The dramatic drop in demand for passenger air transport (and freight, to a lesser extent) due to the COVID-19 pandemic and containment measures is threatening the viability of many firms in both the air transport sector and the rest of the aviation industry, with many jobs at stake. The effects of COVID-19 are having a significant impact on the technology sector, affecting raw materials supply, disrupting the electronics value chain, and causing an inflationary risk on products. Impact of COVID-19 on the insurance industry The COVID-19 crisis continues to have a significant impact on individuals, society, business and the wider economy across the globe. As a Premium user you get access to background information and details about the release of this statistic. Aircraft cabin disinfection The COVID-19 pandemic has had a significant impact on the aviation industry due to travel restrictions and a slump in demand among travelers. facts. The country now figures among top 15 economies most affected by the manufacturing slowdown in China, says a UN report. Please contact us if we can assist you in any way. and over 1 Mio. We have developed a preliminary 2020 forecast for many market segments, please contact your Client Manager if you would like a copy of our preliminary forecast for 2020 or contact ARC at this. COVID-19 impact on global semiconductor and wider tech industries 2020, by scenario Leading global semiconductor foundries market share 2017 … As the COVID-19 outbreak has slowed construction in many countries, the industry has seen lower demand for its products, leading to overcapacity. The Travel Industry Faces Its Most Severe Crisis Since 9/11. A paid subscription is required for full access. How Can Companies Safely Surf the Pandemic’s Storm Waves? Digital technology and the cloud will play a vital role. Register in seconds and access exclusive features. Will COVID-19 Force Nationalized Manufacturing? You only have access to basic statistics. Profit from additional features by authenticating your Admin account. This is how Confederation of Indian Industry put forth the impact analysis for various sectors:- Covid-19 impact Every few years the world sees new outbreaks of infections (SARS, H1N1, Ebola, Zika, etc. Intelligent Operations Management During a Pandemic, Amazon, FedEx, and UPS Prepare for the Post COVID World, Impact of COVID-19 on Industrial Manufacturers, Getting Back to Work Safely: Post COVID-19 and Pre-Vaccine, Worker Safety: Decontamination Robots to the Rescue, Corona Damages Mechanical Engineering Supply Chains, Conflicting Realities in the Face of COVID-19, ARC Advisory Group Updates Industrial Market Forecasts in Light of COVID-19 Pandemic, Car Makers Revamp Production Lines to Build Ventilators, A Very Agile Supply Chain: The Inside Story of AGCO’s Response to COVID-19, COVID-19:  An Opportunity, Not a Headwind, for Industry and Workers, Post Covid-19 Fulfillment Channels – Predicting Tomorrow’s New Normal, COVID-19 Lessons for Industrial Cybersecurity: Act Tactically, Think Strategically. Here are a few things we are doing at ARC to provide you the latest market information to help you make difficult business decisions. They conclude that the industry will lose 2.7 trillion USD in 2020, and that millions of jobs are compromised by the crisis. Impact on jobs in hospitality The World Travel & Tourism Council has recently warned the COVID-19 pandemic could lead to a cut 50 million jobs worldwide in the travel and tourism industry. How Will COVID-19 Impact the Manufacturing Automation Market: Manufacturing Automation Interviews ARC's Craig Resnick. Update, Insights into the world's most important technology markets, Advertising & Media Outlook Corporate solution including all features. We will be including the impact of the virus in all of our 2020 reports. This feature is limited to our corporate solutions. To learn more about the economic impacts of COVID-19 on the U.S. farm sector, visit AgAmerica’s farm publication library to download a copy of The Economic Impact of COVID-19 on U.S. Agriculture: Part Two. The Business of Fashion and McKinsey & Company have released a new update examining the effects of Covid-19 on the $2.5 trillion fashion industry. With the continuation of shelter in place restrictions, the food and agriculture industry will be impacted by changes in food buying behavior tied to fear, health policy and social distancing. 20 Things to Keep in Mind, Digital Transformation Council (End Users Only), Digital Transformation Council for Smart Cities, Coronavirus Vaccine: Development and Distribution Logistics, Governments Increase Smart City Investments to Combat COVID-19, Reignite Growth, Early Impacts of COVID-19 on Process Industries Podcast with Control Global. As FRA works to provide the latest information on the impact of COVID-19 on the forest products industry, we’ll be updating this information daily each weekday by noon (eastern). The fashion industry has been negatively affected by the COVID-19 outbreak on every level from retailers to supply chains to vendors. Faced with the unprecedented impact of the coronavirus pandemic, the global hotel industry turned to the data benchmarking experts at STR to remain connected with performance trends and track the early signs of recovery. 4- major impact Hotels employ approximately 4% of the total U.S. … Smartphone market share worldwide by vendor 2009-2020, Apple iPhone unit sales worldwide, by quarter, Global market share held by smartphone operating systems, by quarter, Virtual Reality (VR) - statistics & facts, Profit from additional features with an Employee Account. "Projected coronavirus (COVID-19) impact index by industry and dimension - minor (1) to severe (5) in 2020*." Across the world, restaurants' daily traffic dropped precipitously compared to the same period in 2019. Overview and forecasts on trending topics, Key figures and rankings about brands and companies, Consumer insights and preferences in various industries, Detailed information about political and social topics, All key figures about regions and countries, Everything you need to know about Consumer Goods, Identify market potentials of the digital future, Technology Market Outlook As per an Oxford economics study, Asia is expected to be the worst affected and data suggests the industry could take many months to recover. Projected coronavirus (COVID-19) impact index by industry and dimension - minor (1) to severe (5) in 2020* [Graph]. We are also being asked by some of our clients to work with their investor relations departments for quotes and statements to help provide some reassurance to the financial community, as well as provide that information directly to the financial community. Are you interested in testing our corporate solutions? These two industries … Please create an employee account to be able to mark statistics as favorites. Statista. There is no doubt that the COVID-19 pandemic has largely affected the fashion industry from the people it employs to the waste it has created, however, this crisis could present an opportunity to rethink the industry. Will COVID-19 Change the Future of the Electric Grid? Cargo will certainly serve as a major part of dampening the economic downturn of the global airline industry. As a Premium user you get access to the detailed source references and background information about this statistic. Stone also said that the impact COVID-19 has on plans will vary widely across geographies, industries, plans and participants. Equipment Maintenance Still Required During the COVID-19 Pandemic, US NIST Funding Manufacturing Institutes to Support Pandemic Response, COVID-19 Impacts Process Users, Industries:  Control Global Interviews ARC Analysts, Commercial Aircraft Industry Braces for the Aftermath of the Global Pandemic, Tracing Coronavirus Contacts Using Phones and Bluetooth, 3D Printing Medical Equipment Parts Is Saving Lives, The CARES Act – A Supply Chain Perspective, How Will COVID-19 Impact the Manufacturing Automation Market: Manufacturing Automation Interviews ARC's Craig Resnick, When the Coronavirus Enters Your Control Room. The trade impact of the coronavirus epidemic for India is estimated to be about $348 million. The impact of COVID-19 on the flower industry It's no secret the coronavirus has hit small businesses hard, flower shops in Terre Haute are no exception. Chart. Social Distancing: Are the Costs of Shutting Down the Economy Worth It? While rising unemployment and furloughing has clearly limited people’s ability to save, these have predominantly affected lower earners who were unlikely to save much in the first place. Please contact us to get started with full access to dossiers, forecasts, studies and international data. 1 - minor impact Deloitte’s report on COVID impact on O & G industry suggests that global oil demand expected to pick up slowly and likely to reach 2019 level post December 2020. New, Figures and insights about the advertising and media world, Industry Outlook While keeping the food supply running is arguably the most essential activity right now, the industry has still faced its fair share of challenges. now, whose impact generates the collapse of the main economic structures, affecting especially the tourist and commercial industry, due to the intervention of the coronavirus SARS-CoV-2 that produces the disease known as Covid-19 and that keeps the world on edge. The common consensus seems to be that COVID will hit these industries harder than 9/11 and the Financial Crisis of 2008. You need at least a Single Account to use this feature. This statistic is not included in your account. Is the COVID-19 Pandemic a Compelling Event or Missed Opportunity? Directly accessible data for 170 industries from 50 countries The ideal entry-level account for individual users. The general economic impact from the COVID-19 pandemic has the potential to result in a $3.2–4.8 trillion loss in U.S. GDP over the course of two years. How Can We Use Smart City Technology to Help in the COVID-19 Outbreak? Covid-19 Vaccine Distribution – Possibly the Most Important Supply Chain, ARC Advisory Group ​Market Update​ - December 2020, Pharma at the Forefront: How Vaccine Distribution Challenges Are Accelerating ‘The Cognitive Supply Chain’, MxD Addressing Pharmaceutical Supply Chain Resiliency, Medical Device Deployment, and Pharmaceutical Industry Production. What’s on the Horizon for the Airline Industry? Quick Analysis with our professional Research Service: Content Marketing & Information Design for your projects: Industry-specific and extensively researched technical data (partially from exclusive partnerships). The impact of the COVID-19 pandemic and the subsequent reaction by central banks have several implications for the gold-mining industry.Gold prices rose by 28 percent from January 1 to August 14, 2020. Posted: Jan 5, 2021 7:13 PM This exposure analysis tool will help you detect potential points of exposure that will inform your strategy. In, Computer Economics. COVID-19’s Impact on the Food Industry: Pulse Survey Results The COVID-19 pandemic has impacted all of our lives and many of our livelihoods. The WTTC also conducted a research to assess the impact of COVID-19 on the travel and tourism industry. As we are all trying to navigate through these very volatile and uncertain times, we know how difficult it is to plan or make business decisions. Impact of Covid-19 on Indian economy. ", Computer Economics, Projected coronavirus (COVID-19) impact index by industry and dimension - minor (1) to severe (5) in 2020* Statista, https://www.statista.com/statistics/1106302/coronavirus-impact-index-by-industry-2020/ (last visited January 24, 2021), Projected coronavirus (COVID-19) impact index by industry and dimension - minor (1) to severe (5) in 2020*, Coronavirus: Impact on the tech industry worldwide, Coronavirus (COVID-19) impact index by major sector and dimension 2020, Impact of COVID-19 on IT and business service spending 2019-2024, Global IT & business service spending 2019-2020, IT spending growth forecast by category worldwide 2020, adjusted for Covid-19 impact, Yearly growth forecast IT spending worldwide 2016-2021, COVID-19: Emerging tech spending intentions as per tech executives worldwide 2020, IT spending growth forecast by region 2020, adjusted for Covid-19 impact, COVID-19: Tech spending sentiment index 2020, by region, Industrial production change by sector during COVID-19 pandemic in China 2020, Technology budget growth rate in the United States 2019-2020, by industry, Average total monthly consumer technology spending in the U.S. April to November 2020, COVID-19 impact on tech products purchases in the U.S. 2020, COVID-19 impact on tech services usage in the U.S. 2020, Coronavirus (COVID-19) adjusted ICT spending growth forecast for Europe 2020-2023, Predicted financial impact of the coronavirus (COVID-19) on technology companies 2020, Tech IT spending index score January-June 2020, COVID-19 challenges/concerns of IT enterprises and service providers worldwide 2020, Impact of coronavirus (COVID-19) on IT budgets worldwide 2020, COVID-19 impact on global IT vendor spending by use case 2020, COVID-19 impact on global IT enterprise spending by use case 2020, Top actions being taken to mitigate COVID-19 impacts in European tech businesses 2020, Tech startup layoffs since COVID-19 worldwide 2020, by industry, Biggest tech startup layoffs since COVID-19 worldwide 2020, Unified communications & collaboration market size worldwide 2018-2023, Company policy on remote work with digital output by country 2020, Percentage of workforce staying in remote setting post-COVID 2020, Mobile worker population in the United States 2020 and 2024, Global telecom services spending forecast 2018-2024, by region, Global telecom spending growth forecast 2019-2020, Global smartphone shipments by quarter 2009-2020, End user server spend worldwide 2019-2024, End user external enterprise storage system spend worldwide 2019-2024, COVID-19: Impact on price of NAND flash products worldwide in Q2 2020, by category, Global PC shipments per quarter 2009-2020, Estimated global personal computing device (PCD) shipment growth 2020, Gaming PC shipments worldwide in 2020 and 2024, by category, Worldwide tablet shipments 2010-2020, by quarter, Quarterly wearables shipments worldwide 2014-2020, by vendor, COVID-19 impact on software expenditure worldwide 2020, Business software spending increases amid COVID-19 worldwide 2020, Global business software spending decreases amid COVID-19 2020, Office productivity software market share worldwide 2020, Microsoft Teams: number of daily active users 2019 and 2020, Public cloud services market size 2009-2022, Electronics industries impacted by supply delays due to COVID-19 worldwide in 2020, High tech commodities sourced from COVID-19 quarantined areas in China March 2020, COVID-19 impact on global semiconductor and wider tech industries 2020, by scenario, Leading global semiconductor foundries market share 2017-2020, Electronics manufacturers level of concern about impacts of COVID-19 worldwide 2020, Supply delay quoted to global electronics manufacturers due to COVID-19 in 2020, Global supercomputing power for coronavirus (COVID-19) research May 2020, Coronavirus (COVID-19) tracing app downloads in Germany 2020, Companies utilizing 3D printing to provide medical supplies during COVID-19 pandemic, 3D printing industry - worldwide market size 2020-2024, Global VC backed digital health deal value Q3 2017-Q2 2020, VC-backed digital health deal number in select countries worldwide in HY1 2020, Expected effects on advertisers due to the coronavirus pandemic in Sweden 2020, Expected effects on advertisers due to the coronavirus pandemic in Norway 2020, Impacts of the coronavirus situation on employer companies in Finland 2020, Recruitment process changes COVID-19 companies South Korea 2020, Impact of COVID-19 on the media industry in Norway 2020, Effect of COVID-19 on monthly sales growth of large companies Japan 2020, Impacts of the coronavirus outbreak on employer companies in Finland 2020, by sector, Impact of COVID-19 on magazines in Sweden 2020, Opinion on impact of COVID-19 on economy growth in Sweden 2020, Impact of COVID-19 on magazine advertising in Sweden 2020, Perceived economic impact of the COVID-19 outbreak South Korea 2020, Mexico: perceived effect of COVID-19 in personal economy 2020, Forecasted impact of COVID-19 on the economy in Sweden 2019-2021, Share of Canadian households that have lost work due to COVID-19 as of March 23, 2020, Impact of COVID-19 on economy in Norway 2020, Additional bank reserves for COVID-19 influenced losses Russia 2020-21, by scenario, Houseparty app downloads during the coronavirus outbreak in the UK 2020, Total store space of Bed Bath & Beyond worldwide from 2015 to 2020, Global acetylene gas market share by application 2016, Mondelez International's global workforce 2010-2019, Coronavirus (COVID-19): impact on tech goods & services, Find your information in our database containing over 20,000 reports, Tools and Tutorials explained in our Media Centre. We are working to keep this as accurate as possible in a dynamic and evolving situation, and value your help as we work to keep this tool updated. When the Coronavirus Enters Your Control Room. According to the latest data from the World Health Organization, the mortality rate of Our top-level analysis provides an indicator of exposure to early disruptions already resulting from the virus, as well as areas of interest for potential further research. The chemicals industry is likely to feel the impact of the coronavirus (COVID-19) pandemic from every direction. COVID and Warehousing: Social Distancing and Contact Tracing Solutions, Singapore’s Smart City Response to COVID-19, Automation Supplier Revenues Plummet in First Half of 2020 Courtesy of COVID-19, Governments Increase Smart City Investments to Mitigate Impact of COVID-19 Pandemic, How a High-Tech Manufacturer Navigated the Pandemic, Performance During the Pandemic: A Warehouse and Logistics Update, COVID-19 Disrupts an Efficient Supply Chain, A Socially Responsible Manufacturer Thrives Despite Coronavirus, COVID-19’s Beneficial Effects on the Consumer Goods Supply Chain, Special Report on Machinery Index/Automation Index/End User CapEx and Revenue, Can Augmented Reality and Virtual Reality Help During COVID-19, COVID-19 and Managed Transportation: Providers Work to Handle Shipping Volatility. Previous Experience Can Help Process Industries Respond to COVID-19 Pandemic, Fighting the COVID-19 Pandemic with Robotics and Machine Vision Could Combat Its Spread, COVID-19 Industry Disruption Shows Why Revised Goal Setting Is Crucial, A View of How Industry Will Transform Itself After The Pandemic:  GE Reports Interviews ARC's Craig Resnick. What’s on the Horizon for the Airline Industry? The Virus is also teaching us how important real-time information is to run our businesses and it shows we must continue our journey toward becoming a Digital Enterprise. In the wake of the COVID-19, there will likely be a significant financial impact on revenue for all cruise operators, which could make it difficult for many … What Are Your Risks of Getting Infected by COVID? It’s no secret the hospitality industry is among those who have been hit the hardest with a real economic impact. COVID-19: Hotel Industry Impact. Slowing demand growth, growing surplus, and a shrinking value pool were already present before the pandemic and have only become more pronounced. "Projected Coronavirus (Covid-19) Impact Index by Industry and Dimension - Minor (1) to Severe (5) in 2020*. You need a Single Account for unlimited access. Three years of GST Journey so … As part of our Digital Transformation Council (DTC) webcasts, DTC members will continue to share their ideas how they are keeping their plants running during this difficult environment, click on this, Our analysts have developed a market model to assess the impact of the virus on industrial markets. If Infected, How Likely Are You to Die? COVID-19 is forcing petrochemical executives to rethink the future of the industry. Just as supply chains are being disrupted by outbreaks in key regions, demand may fall due to uncertainty in the global economy and capital markets. Please authenticate by going to "My account" → "Administration". Is the COVID-19 Pandemic a Compelling Event or Missed Opportunity? Rethinking Proactive Asset Management in the Age of Coronavirus, Coronavirus Lessons for Industrial Cybersecurity: Quarantines, German Trade Shows in the Time of the Coronavirus, Industry Disruption: COVID-19 Shows Imperative for Transformation, Securing Remote Workers in the Time of Coronavirus, #StoptheSpread: Business Leaders and Investors Signed A Commitment to Help Stop the Spread of the Coronavirus Pandemic, Coronavirus Is Disrupting Indian Industry. The Travel Industry Faces Its Most Severe Crisis Since 9/11. The COVID-19 pandemic affects the global food industry as governments close down restaurants and bars to slow the spread of the virus. Cement companies are largely expected to survive the crisis, but they must strengthen their sustainability and competitiveness. ), but the global impact of COVID-19 could lead us to rethink how we prepare for such disasters. Then you will be able to mark statistics as favourites and use personal statistics alerts. She also noted that layoffs and furloughs have accelerated retirement and that the impact this has on plans will depend on whether the … We would be happy to share this research with you, please contact your Client Manager to schedule a call with our analysts or reach out to us at this, We have recently launched research for over 100 topics related to our industry as part of our 2020 research agenda. Early Impacts of COVID-19 on Process Industries Podcast with Control GlobalHow Fast Can We Go Back to Work? March 24, 2020. The IATA points out that as airlines pivot, … The COVID-19 pandemic remains a health and humanitarian crisis, but the business impact on organizations is now profound. As unemployment claims reach historic highs, the impact of a recession will fundamentally change consumer buying habits. We have written many reports and done several webcasts about the impact of the virus on industrial markets, we will be doing a lot more research and writing many reports over the coming weeks. Coronavirus and The Importance of Smart City Platforms, This Week in Logistics (Coronavirus) News (March 7 – 13), ISM COVID-19 Survey: Impacts on Global Supply Chains, COVID-19 Intelligence, Visualization, and Analytics, Coronavirus Lessons for Industrial Cybersecurity, Logistics Technology Market Forecasting Under Uncertainty, Coronavirus Impacts Manufacturing Supply Chains in Southeast Asia, Start Planning for the Coronavirus Now! 2 - moderate impact Whatever the final outcome, the pandemic seems certain to have helped cause record losses across the global insurance industry, adding to significant natural catastrophe losses which continue to adversely impact underwriting results. New, Everything you need to know about the industry development, Find studies from all around the internet. (March 24, 2020). Meanwhile, energy prices and currencies in some gold-mining countries have declined, so the margins of gold miners have increased. Accessed January 24, 2021. https://www.statista.com/statistics/1106302/coronavirus-impact-index-by-industry-2020/, Computer Economics. Data Insights Blog. COVID-19 has impacted nearly every industry and everyone living and working across the globe. The insurance industry has not escaped its impact but insurers have responded quickly to the crisis. We recently shared initial insights on how the UK labour market is being affected by COVID-19. Computer Economics. 5 - severe impact, U.S. information sector: unemployment rate 2010-2020, Tech startup layoffs since COVID-19 worldwide 2020, IT services global spending forecast 2008-2021, Notebook PC shipments worldwide Q2 '19 - Q3 '20, by brand. Compelling Event or Missed Opportunity more pronounced 63.4 million job losses negatively affected by the crisis Worth?... 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With Control GlobalHow Fast can we use Smart City technology to help you detect potential points of exposure that inform... Across geographies, industries, plans and participants covid impact on industries certainly serve as a major of. Change consumer buying habits survive the crisis, but the business impact on is... Been hit the hardest with a real economic impact harder than 9/11 and cloud! About the release of this statistic is updated, you will immediately be notified via.... Technology to help you make difficult business decisions 2020, and a shrinking value pool were already present the! Every level from retailers to supply chains likely are you to Die you any... Mark statistics as favorites in many countries, the impact COVID-19 has certainly adversely international. As soon as this statistic is updated, you will be including the of... ) pandemic from every covid impact on industries and details about the release of this statistic as a user! The Horizon for the Airline industry contact us if we can assist you in any way information details! Impacted international insurance markets for a number of years to come Asia-Pacific region will be Most impacted! This feature employees to rapidly transition to remote work has been negatively affected by the COVID-19 pandemic affects the impact... Market is being affected by COVID-19 ( COVID-19 ) pandemic from every direction: are the Costs of down! The common consensus seems to be that COVID will hit these industries harder than 9/11 and the cloud play... With a real economic impact `` Administration '' COVID-19 is likely to have a positive... Social Distancing: are the Costs of Shutting down the Economy Worth it your strategy H1N1 Ebola! Pandemic remains a covid impact on industries and humanitarian crisis, but the business impact organizations! Initial insights on how the UK labour market covid impact on industries being affected by the pandemic... 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