As the world continues to deal with COVID-19, economies are moving into recession, under multiple adverse factors, the GDP of European and American countries in the second quarter suffered a historical contraction. At an annualized rate, the US GDP fell by 32.9% month on month, while the overall GDP of the euro zone fell by 12.1%.
Moreover, the economic prospects of Europe and the United States in the third quarter under the epidemic situation are hardly optimistic. The resumption of work and production not only brought economic data back, but also triggered a rebound in the epidemic situation. At present, the United States is still the ‘epicenter’ of the global epidemic. The total number of confirmed cases has exceeded 4.8 million, and the epidemic situation in some European countries has also rebounded. Affected by this, more than 20 states in the United States have announced the suspension or withdrawal of part of the economic restart plan. Britain and Italy have also decided to extend the state of emergency. The rebound of the epidemic situation has posed considerable risks to the economic prospects of Europe and the United States.
In the second quarter of this year, US GDP shrank by 9.5% on a month on month basis, or 32.9% at an annual rate, the largest decline since the 1940s. Data show that the sharp decline in personal consumption is the main drag on the U.S. GDP growth in the second quarter.
Compared with the United States, Europe’s economic contraction in the second quarter was smaller, but it was also the lowest on record, with Germany and France contracting more than 10%. According to the data released by the Federal Bureau of statistics, Germany’s GDP fell by 10.1% in the second quarter after adjusting for prices, seasons and working days, the largest decline since the quarterly economic data were available in 1970.
Thanks to the effective control and policy support of the new epidemic, China’s economy rebounded sharply in the second quarter. The growth rate of manufacturing industry, which accounted for about 28% of GDP, rebounded sharply to 4.4% from the negative value in the first quarter. Chinese original equipment manufacturers (OEMs) and suppliers are ramping up production. And there are increased investments in digital footprints in manufacturing. OEMs in other parts of the world are offering incentives to drive sales. XYZResearch published a report for global UNDERWATER ACOUSTIC MODEMS market in this environment.
Download PDF Sample of UNDERWATER ACOUSTIC MODEMS Market report @ https://www.arcognizance.com/enquiry-sample/1394646
Regional Segmentation (Value; Revenue, Million, 2015 – 2026) of UNDERWATER ACOUSTIC MODEMS Market by XYZResearch Include
Competitive Analysis; Who are the Major Players in UNDERWATER ACOUSTIC MODEMS Market?
Aquatic Sensor Network Technology (AquaSeNT)
Access this report UNDERWATER ACOUSTIC MODEMS Market @https://www.arcognizance.com/report/post-pandemic-era-global-underwater-acoustic-modems-market-sales-revenue-price-gross-profit-and-competitors-analysis-of-major-market-from-2015-2026
Major Type of UNDERWATER ACOUSTIC MODEMS Covered in XYZResearch report:
Shallow Water (Up to 350 Meters)
Medium Range (Up to 1500 Meters)
Long Range (Up to 6000 Meters)
Full Ocean Range (Up to 10000 Meters)
Application Segments Covered in XYZResearch Market
Submarine Wireless Command and Control
Submarine Data and File Transfer
For any other requirements, please feel free to contact us and we will provide you customized report.
Buy The Report @https://www.arcognizance.com/purchase/1394646
Major Point of TOC:
Chapter One: Market Scope
Chapter Two: Global UNDERWATER ACOUSTIC MODEMS Market Assessment, by Segmentation
Chapter Three: Regional Market Analysis
Chapter Four: Value Chain (Impact of COVID-19)
Chapter Five: Regional Market Forecast (2021-2026)
Chapter Six: UNDERWATER ACOUSTIC MODEMS Competitive Analysis
Chapter Seven: Conclusion
To Check Discount of UNDERWATER ACOUSTIC MODEMS Market @ https://www.arcognizance.com/discount/1394646
If you have any special requirements, please let us know and we will offer you the report as you want.
Analytical Research Cognizance (ARC) is a trusted hub for research reports that critically renders accurate and statistical data for your business growth. Our extensive database of examined market reports places us amongst the best industry report firms. Our professionally equipped team further strengthens ARC’s potential.
ARC works with the mission of creating a platform where marketers can have access to informative, latest and well researched reports. To achieve this aim our experts tactically scrutinize every report that comes under their eye.
Analytical Research Cognizance
+1 (646) 403-4695, +91 90967 44448
Email: [email protected]