Increase in Optical Disorders to Boost Asia Bifocal Lenses Industry: Ken Research

The increasing need for sunglasses, awareness among people about refractive errors and the augmented use of electronic devices has led to the growth of glass lens market. Various available glass lenses are single vision glass lens, and bifocal glass lenses. Improved medicines, increasing acute to chronic diseases and the need to increase the life expectancy of the elderly population is driving the demand for bifocal glass lenses. According to the statistics, population aged 65 and above are increasing every year and vision loss is the major issue. It was observed that there is a risk of visual impairment owing to aging processes and chronic eye diseases such as cataract, dry eye, glaucoma and others. This situation is expected to drive the bifocal glass lens market.

With the rising digital literacy, online retailing, increasing spend on online shopping, availability of wide range of products, and highly competitive prices is bolstering the bifocal lenses market in Asia. Bifocals lenses are eyeglasses with two distinct optical powers commonly prescribed to people with presbyopia who need correction for myopia, hyperopia and astigmatism. It was observed that there is an ongoing research in an attempt to eliminate the limited field of vision in current bifocal lenses. New materials and technologies are used in manufacturing advanced optical power of lenses.

According to the study “Asia Bifocal Lenses Industry Situation and Prospects Research report”, separation type and gluing type are the two types of bifocal lenses available in the Asian markets. These bifocal lenses are used in hospitals, optical shops and other applications in Asia. Geographically, Asian bifocal lenses industry is spread across China, Japan, India, Korea, Saudi Arabia and other regions. The leading players in Asian bifocal lenses industry are Essilorr, Zeiss, Hoya, Kodak, Rodenstock, MingYue, Conant, Chemi, Nikon and Hongchen Optical. All the leading vendors in Asia’s bifocal lenses industry are increasingly focusing on creating strong brand names and offering well-established products that exhibit long-term reliability.

Evolution in electronics, internet penetration, improving economies and increasing disposable incomes are the key factors driving more number of people to use corrective spectacles. The prevalence of optical disorders is rising to new level, therefore, the need for therapeutic and corrective lenses is increasing drastically. The major hindrance in bifocal lenses is due to the increasing acceptance of other ophthalmology devices and corrective procedures like LASIK, Photorefractive Keratectomy (PRK) and other procedures.

Asia accounts for a largest share in the bifocal lenses market due to enhanced standard of living and demand for quality lenses. The increasing aged population and optical disorders is encouraging the market towards expansion in various sectors attracting huge recognition and the trend will continue over the next few years in Asian markets.

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The Dynamic Landscape of the Wind Power Market in Spain: Ken Research

Wind energy promotes the usage of clean form of energy couples with an infinite supply ensuring that the energy production does not stop. For the companies, organizations and governments that concerned with providing a safer environment for future generation by ensuring energy production from renewable sources rather than non-renewable sources, and then wind energy could be the way to go for. In Europe, countries like Denmark and Netherlands have developed huge wind energy farms and recently Spain was the one country that has sanctioned the setting up of huge wind energy farms. Currently it is ranked among the top 5 countries with the largest wind power generation capacity. Not only has this, but the growth in the installed capacity been huge in the recent year which is expected to be carried to the future years. The installed capacity has witnessed a sharp increase in the recent years. Not only this but the wind power companies that manufacture the turbines and storage units are also the market leaders in this segment which has greatly stimulated the wind power market in Spain.

Due to the growth that has been given to this sector, many companies have also entered this market space developing technologies that are related to electricity generation, storage, capacity, wind data logging and components. According to the study, ‘Wind Power in Spain, Market Outlook to 2030, Update 2018 - Capacity, Generation, Investment Trends, Regulations and Company Profiles’, some of the major companies that are currently functioning in the Spanish wind power market includes RWE AG, Renovalia Energy, S.A., Iberdrola, S.A., FersaEnergiasRenovables, S.A., Eolica Navarra SL, EoliaRenovables de Inversiones, SCR, S.A., Enerfin S.A., Enel Green Power S.P.A., Endesa, S.A., EDP Renovaveis, S.A., Actividades de Construccion y Servicios S.A. and AccionaEnergia, S.A.

All these companies are deploying new technologies and that too at cost efficient rates which have resulted in their market leadership. The reason for the shift to energy production via renewable form of energy is quite different for Spain as compared to other regions. Most countries try these resources due to environmental degradation however, Spain due to its rising economic growth ultimately led to a shortage of energy production which had to be met via other forms of energy generation and wind energy was the most feasible one.

The objective of the Spanish government is twofold. First being the reduction in dependence on imported oil. Studies suggest that Spain due to its geographical position and lack of natural resources is one the most dependent on imported oil. In order to reduce this dependence, government aims to satisfy the needs by promoting wind energy. The second objective is to reduce the greenhouse gas emissions that are closely associated with usage of non-renewable forms of energy.

The completion landscape in this industry is not very intense with many start-ups and other types of companies setting up their production units in Spain. They are aggressively investing huge amount in new technologies to ensure cheaper and more efficient energy production. The future of this industry is expected to be bright which is set to be taken to the future years as well.

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Advancements In The Retail And Fmcg Sector, Growth Of VR And AR Market Outlook: Ken Research

Various established enterprises and new age start-ups have identified the true potential of this industry and are developing and adopting this technology. According to the study, ‘Virtual & Augmented Reality In Retail And Fmcg - Thematic Research’, some of the retail and FMCG firs that have put this technology to use include Alibaba, Alphabet, Amazon, Apple, Facebook, Himax, HTC, Sony, Tencent, Vuzix, ANTVR, Meta, L'Oreal and Nestle. In order to ensure ease of shopping in India, companies have been aggressively promoting the use of this technology. The traditional brick and mortar stores have been shifted to an online B2B r B2C or C2C websites. This was done keeping in the rising youth population who were facing the problem of unavailability of time during their schedule and hence the traditional stores shifted to online websites. Further developments involved the use of artificially intelligent technologies in order to make the entire process streamlined. The phase of demonetization in India further incentivized the companies to invest in these technologies to make the online FMCG or retail business much smooth. AR is being used to convey the full product information to the buyer. It is also being used by various companies for comparison between two products allowing customers to do comparative analysis. There is a huge scope for the development of AR and VR in the product reviewing and feedback segment which will allow customer feedback to take effect properly.

Companies and organizations have been trying to develop artificial intelligence technologies since nearly 60 years but recent trends and developments have been shown that near perfect inventions have been discovered recently. The growth in the technological industry alongside the boom in video gaming industry has led to simultaneous growth in VR & AR industry as well which has made the devices much smaller in size and more immersive. The growth rate in the shipments of VR and AR devices has been immense when compare to 2016 which suggest that not the individuals but also companies are actively adopting this technology to make their operations more smooth and quick. 2016 proved to be the best year for the entire mobile based artificial intelligence industry. Companies are readily adopting this technology as customer interaction and satisfaction has improved greatly with these devices.

VR has been incorporated by many retail companies at their physical stores especially outlets such as furniture and other heavy retail products industry. VR is used by these companies to allow the customers to test the product without having physical possession of the same. The benefit that the company gets is that they do not have to maintain huge stock of goods which may lead to unwanted inventory accumulation. The customers do not have to wait for the product to be made available physically.

The potential for this industry globally is immense and the market will be seeing huge growth in the future. The competition landscape is fragmented with many companies currently trying to adopt this technology and use it to their advantage. There has been much collaboration between technology giants and retails and FMCG companies which are trying to integrate this technology and make the best out of the both.

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Diesel Exhaust Fluid Market in Asia: Ken Research

Diesel Exhaust Fluid (DEF) also known as AdBlue is a non-toxic, odorless, colorless, and non-flammable aqueous solution of urea. It is stored in a particular tank in a car and is sprayed in a controlled manner into the exhaust system to clean exhaust gases. Asia Diesel Exhaust Fluid Market in recent years is rising at a steady pace ensuing general realization of their utility in making diesel engines more ecologically viable by dropping the nitrogen oxide content in their exhausts. Thus, this market plays a major role in the current landscape of the automotive industry and is expected to exhibit steady growth on account of the consistent growth of many arms of the automotive industry. Diesel cars are playing a major role in the automotive industry due to the demand for diesel vehicles in the economy segments, which are rising in eminence due to the growing disposable income of middle-class consumers in emerging regions. Factor such as higher fuel efficiency provided by diesel cars has made them likely to remain a primary contributor to the global automotive sector in the coming years, leading to constant demand from the Asia Diesel Exhaust Fluid Market.

Asia’s Diesel Exhaust Fluid Market is segmented product type and application. On the basis of product type market is further segmented into AUS32, ARLA32, and others. Moreover, application segment is categorized into vehicular, and non-vehicular. Amongst vehicle type, passenger vehicles are likely to be the fastest growing segment over the forecast period. Furthermost, the commercial vehicles are equipped with the Selective Catalytic Reduction technology after enactment of EPA’s 2010 diesel emission standards. Likewise, favorable growth in passenger vehicle sales is anticipated to make the positive environment for the market growth.

Increase in adoption of DEF filing pumps and stringent emission regulations are some of the factors driving the Diesel Exhaust Fluid Market in Asia. Furthermore, variations in prices of diesel and urea and the rising demand for electric vehicles are inhibiting the growth of the market. Additionally, Diesel vehicles are also preferred in the transportation sector owing to their high fuel efficiency, and greater torque as it is more suitable for hauling heavy loads. The transportation sector is thus, also likely to play a major role in the growth of the Asia Diesel Exhaust Fluid Market due to the rapid urbanization in emerging countries.

Some of the top key players in Asia Diesel Exhaust Fluid Market includes Nissan Chemical Industries, Royal Dutch Shell PLC, China Petrochemical Corporation (Sinopec), BASF SE, Agrium Inc, Cummins Inc, Graco Inc, Potash Corp, Blue Sky, CF International Holdings, Inc, Total S.A., Ltd, Air Liquide (Airgas), Yara International, Downs Energy, Mitsui Chemicals Inc and Green Chem Solutions Ltd.

This market is projected to upsurge in the near future, due to the growing demand for pumps, tractors, harvesters, etc. Countries such as India, Brazil, and Indonesia are expected to record high sales of OTR diesel engines, because of rapid modernization in the agricultural sector of these countries. Growing consumer demand for better fuel efficiency is encouraging more and more car buyers to invest in diesel engine vehicles.

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Digital Textile Printing Ink Market in Asia- Ken Research

The Asia Digital Textile Ink Market is segmented on the basis of ink-type, and applications. On the basis of application, the market is categorized into the household, clothing/garments, technical textile, display, and others. The display segment has the largest market due to rising demand for touch panels and special effects feature. Based on the ink type segment, the market is further segmented into sublimation, acid, reactive, direct disperse, pigments and others. The sublimation ink segment has perceived high demand due to growing demand for dye-sublimation printer in computer printing applications. Additionally, the demand for pigment-based inks is predicted to show growth owing to its color stability coupled with outstanding archival print life. Though, the house hold and clothing segments are projected to make profitable growth opportunities in digital printing inks market owed to rise in textile and household decorative applications.

The Digital textile market has been developing, and printing has been gaining a foothold in this market, with screenprinting as the highest demand for printing fabrics. Thus, the market for the digital printing of textiles is evolvingrapidly. Digital textile printing inks are custom-made for textile, household, and decorative applications for offering reliability, high color, durability and excellent image quality. The Asia Digital textile ink market is growing due to the high demand for printed fabric, less turnaround time, and ease of picture modification. This market is expected to witness traction in near future. Digital Textile printing ink is used in an inkjet printer, which is directly applied to the fabric in the droplets form. The main component of the ink is vectors and color units. Technologies used in digital textile printing are growing rapidly and changing the aspect of textile ink industry. The digital textile printing technologies are improving each day, most of the traditional textile printing companies are looking at the welfares of digital printing, including custom-made options, smaller lead times, enhanced design aesthetics, workflow efficacies and cost reduction.

Digital Textile Ink Industry is transmuting the supply chain, making a wider variety of designs.This market shows an attractive growth opportunity in the entire ecosystem of the digital printing market. Factors such as the rise in urbanization, Organic growth in the textile industry, high demand of customization to make unique beautiful clothing or households products, growing demand for trade branding and advertisement are driving the growth of digital textile ink market.

The top key players of the digital textile ink industry are DuPont, Hongsam, AnaJet, KIIAN Group, BASF SE, Marabu, Jay Chemicals, Huntsman Corporation, SPG Prints, Sawgrass, LANYU Digital, Magellan Corporation and Kornit Digital. The top market players are focusing to economically investmajorly in research and developmentactivities to develop innovative products to cater to the market requirements. Emerging economies such as China and India have augmented the demand for digital textile printing inks with a significant change in household and clothing applications. An upsurge in urbanization is likely to fuel the growth of the market opportunities in several regions.

For more information on the research report, refer to below link:-

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Digital Manufacturing Inkjet Printing Market in Asia: Ken Research

The Digital Manufacturing Inkjet Printing Market is very extensive, not only limited to graphics and packaging. It is one of the fastest growing printing segments due to its wide-ranging benefits in digital printing, such as they are waterproof and UV-resistant, and does not have any significant environmental impact. Manufacturers are exploding into the use of inkjet for all kinds of decoration, customization, and coatings. Direct-to-Shape applications are making up multiple newest developments, including direct-to-metal cans, formed wood, beverage glass, and a lot of plastic containers. Digital print has developed pointedly from its early introduction for transactional print, into the new arrival of the color cut sheet. Later then, inkjet and electro photography have savored its stake of the budget spent on research and development for printing technology, enhancing the reliability, quality, and productivity of systems forward, by reducing the end-user cost of producing a print. These factors are driving the adoption of this technology into print service providers and packaging converters. Inkjet is the fastest-growing print procedure due to an increasing adoption in more applications as the quality, reliability and economics of the process improvement and expenditure on R&D bears fruit. Inkjet is fetching mainstream in low-, medium- and high-volume production, along with proofing and prototyping.

Asia Digital Manufacturing Inkjet Ink market is segmented on the basis of type, and application. On the basis of types, the market is further segmented into the textile industry, office printing industry, and industrial printing industry. Application segment of Digital Manufacturing Inkjet Ink market is further segmented into digital fabrication inkjet inks on the basis of dye and pigment.

Due to the factors such as economic growth and an increase in population in the Asian region, the demand for packaging ink is increasing. India and Vietnam are mainly strong growth areas for printing in the Asia-Pacific region owing to the major movement of packaging printers into the region. The comparative cost parameter of analog and digital printing is recurrently changing due to the new equipment entrants in the market, resulting in the rise of volumes of toner and inkjet while prices are reducing. This is largely making digital print more cost-effective against traditional analog printing at constantly higher run lengths. There is an ongoing trend of falling run lengths as print buyers act to make sure their content is updated and is pressurized to reduce the amount of inventory increase the productivity. Hence, results in a continuation of the analog-to-digital print transformation.

Digital Manufacturing Inkjet Ink Market is pretentious by different components engaging in the market. Top key players in the Asia Digital Manufacturing Inkjet Ink industry are DIC Corporation, Sakata INX, Toyo Ink Group, T&K Toka and Tokyo Printing Ink, Huber group, EPSON, Fujifilm Sericol International, Nippon Kayaku, Collins, Sensient Imaging Technologies Ink industry leaders forestall a strong year ahead in the Asia-Pacific region.

 

Inkjet is well established in signage and point-of-sale. Deep market penetration is expected for digital printing in the offset printing market, with web offset being the most influenced. It is likely in terms of value worldwide as more end users invest in the technology and are identifying new market niches and benefits for print buyers.

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Advanced Digitalization to Propel Indian ATM Market in Urban and Rural Regions-Ken Research

Indian ATM market involves cash services, armoured cash transportation, management, and transportation of valuables, international shipping of high-tech devices, armed and unarmed guarding, protection services, and electronic monitoring of premises. ATMs is always considered as a source of the cash dispenser. However, advanced technology in banking and financial institutions has developed many convenient way to handle huge number of transaction including withdrawal of funds, deposits and balance enquiry updates. India is witnessing a tremendous growth in ATM market due to rapid digitalization. The recent technological advancements in ATM market are bill payment, travel booking, and mobile ATMs which has propelled the automation and security standards within the ATM market.

According to the study “India Atm Market Outlook To 2023 - By Atm Supply, Managed Services (Atm Repair, Maintenance And Other Services, Transaction Processing, Cash Reconciliation Statement, Content And Electronic Journal Management) & Cash Management (Atm Replenishment, Cit, Cpd)”, Indian ATM industry is opening new avenues for customers who continuously explored for revenue opportunities and customer relationship services. Indian financial institutions introduced innovative functionality and revenue-generating services via ATM channel which propelled the installation of more ATM machines. Almost all the ATM users in India are focusing on convenience, efficient services and availability of cost saving measures. Transaction personalization and envelope-less deposits are the most utilized service within Indian ATM services market. With advanced technology many customers are using less cash which is propelling the banks to provide much better digitalization services.

The major players within India’s ATM services are Hitachi Payments, AGS Transact, Diebold Systems, Euronet, EPS, Tata Communications Payment Solution, FIS, FSS, Mphasis Payment Managed Services, NCR, and CMS. Leading companies within India’s ATM Cash Management practice are CMS InfoSystem, SIS Prosegur, Brink's Arya, Writer Safeguard, Securevalue, Logicash and Radiant Cash. The major supplies of ATM’s are NCR Corporation, AGS Transact, Diebold Systems and Vortex Engineering. Indian ATMs are categorized based on types such as Managed Services, Brown label ATMs, ATMs Completely managed by banks and White label ATMs. Second highest numbers of ATMs in India are Brown Label ATMs which owned by banks and further deployed to ATM management companies for their maintenance and management. White label ATMs in India are very less and are located in the rural areas to encourage non-banking entities, to reduce the shortage of ATMs and financial services in rural areas of India.

Indian ATM market involves services such as ATM repair, maintenance, ATM Site Management, Cash management services, Transaction processing, ATM supply, Cash Reconciliation Statement and Content & Electronic Journal Management. ATM repair and maintenance services include services such as FLM, SLM, ATM deployment, management and operations of ATM. Other services such as transaction processing, ATM site management, cash reconciliation and content & electronic journal management are also a part of the ATM service market.

It was observed that the India ATM management services market is at a developing stage due to very less number of players. More number of ATM’s is installed in rural and urban areas over the past few years due to digitalization. The need for a savings account for per individual has led to new savings accounts and witnessed a steady growth in the use of ATM cards within the country.

The ATM market in India will witness a steady growth with increase in revenue over the next few years due to various schemes offered by the government. The increasing awareness among the Indian population of semi-urban and rural areas about the usage of ATMs will drive the market in the next few years. These developments will drive the need for more ATM’s installations in the country especially in the rural areas over the next few years.

Key Topics Covered in this Report:-

India ATM Managed Services Market

Brown Label ATMs in India

Portable ATMs Market India

Cash Management Market India

Outsourced ATMs in India

Number of ATM Transactions India

ATM Managed Services Revenue India

White Label ATMs in India

ATM Replenishment Market India

Electronic Journal Management Market India

Cash Reconciliation Market India

Cost to Set up ATMs in India

India ATM Market Trends

Investment India ATM Services

Penetration ATMs in Rural Areas

India Banking Industry

Underbanked Population in India

Unbanked Population in India

Global ATM technology trends

Tender Bid Process ATM Managed Services

Cash Withdrawals in India

Impact of PMJDY on ATMs

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https://www.kenresearch.com/banking-financial-services-and-insurance/banking/india-atm-management-services-market/153175-93.html

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Anti-Corrosion And High Durability Properties To Boost Asia Brass Foils Industry: Ken Research

According to the study “Asia Brass Foils Industry Situation and Prospects Research report”, brass foil is a thin, pliable material, which can be used in many different industries due to its mouldable, yet durable properties. It can be used for tooling, storage and packaging applications. Brass foil is reddish brown colour that encourages more unique uses such as in musical instruments, arts and crafts, and architecture and electrical engineering sector. These foils can be folded and rolled into finely cut strips, which make them valuable contributors to the engineering and aerospace sectors. Brass foil is used to fill space between two components similar to the purpose of a shim, particularly within machinery to avoid wear and tear on engineered components, and improve the lifespan of the mechanism. Brass foil is very cheap compared to other engineering equipment and can be more economical to replace shim foil rather than any other stronger industrial equipment.

Brass is a metal alloy consisting of copper and zinc. To obtain certain properties of brass, proportion of copper and zinc are varied. Brass is usually used for decoration purposes, as it is bright gold-like in appearance, used in machines, where low friction is required, as locks, gears, valves, bearings, ship parts, few appliance parts, doorknobs, and some other products. Brass is non-flammable as it is not a ferromagnetic substance and it can be collected quickly from a mixture of many metals. Brass materials when gets worn out can be recycled. Brass foils have exceptional corrosion resistance properties and maintain substantial electrical and thermal conductive properties due to its copper base. It was observed that there is a huge demand for brass foils that are used in the manufacture of low friction light weight materials and high strength precision instruments. This metal possesses greater wear resistance, light in weight, high conductivity, corrosion resistance and high mechanical strength. It is used in the manufacture of electric and electronic components due to their high conductivity, corrosion resistance, excellent cutting and drilling performance compared to other metals.

Various brass foil types available in Asian market are Oxygen-Free High Conductivity Copper (OFHC), Electrolytic Tough Pitch (ETP) Copper, Deoxidized High Phosphorous (DHP) Copper, and Deoxidized Low Phosphorous (DLP) Copper. Brass foils are used in various industrial applications such as electrical & electronics, automotives, construction, industrial machinery, and other industries. All the leading vendors in Asian brass foil industry are increasingly focusing on creating strong brand names, offering well-established products, and exhibit long-term reliability. The vendors are increasingly competing against each other based on factors such as price, features, and product quality. The leading vendors in Asia’s brass foils industry are Arcotech, Rajshree Metals, Global Metals, Olin Brass, A.J. Oster, Grand Metal Corporation, Ekaton, and AMCO Metall-Service. Geographically, Asian brass foils industry is spread across China, Japan, India, Korea, Saudi Arabia and other regions.

The application of brass foils in the manufacture of various instruments is estimated to increase significantly due to the growing need to reduce friction and prevent spoilage. Anti-corrosion property coupled with relatively high durability compared to iron, has boosted the demand for brass foils over the past few years. Asia accounts for a largest share in the brass foils industry due to enhanced living standards and demand for durable products. The increasing consumption of brass foils for various applications is encouraging the market towards expansion in various sectors attracting huge recognition and this trend will continue over the next few years in Asian markets.

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