Growth in Advancement of Internet-of-Things (IoT) Expected to Drive Global Wearable AI Market: Ken Research

 The wearable artificial intelligence (AI) is an advanced technology being used over a wearable device that is inserted beneath the skin in order to administer, track and record data for an individual. These wearable devices are also used over a medication application. The wearable AI consists of the intelligent devices such as smart watches, smart earwears, smart eyewear, smart gloves, and many others. The wearable AI devices also finds applications used over consumer electronics, healthcare, automotive, military & defense, media & entertainment, and many others.

According to study, “Wearable AI Market by Type (Smart Watch, Smart Glasses, Smart Earwear, Smart Glove, and Others), and Application (Consumer Electronics, Healthcare, Automotive, Military and Defense, Media and Entertainment, and Others): Global Opportunity Analysis and Industry Forecast, 2019-2026”. Some of the key companies operating in the global wearable AI market are Amazon.com, Inc., Garmin Ltd., Fitbit, Inc., Google Inc., International Business Management Corporation (IBM), Huawei Technologies Co. Ltd., Motorola Mobility LLC, Samsung Electronics Co. Ltd., TomTom International B.V., and Sony Corporation. Some of the key manufacturers are collaborating with each other in order to produce new product to boost the growth of Wearable AI market. These key players are further focusing on the emerging economies for their investment pockets in order to expand their geographical outreach worldwide.

Based on wearable AI market analysis, market is segmented as type, application, and region. Based on type, market is segmented as smart watch, smart earwear, smart glasses, smart gloves, and others. Based on component, market is segmented as processor, display, connectivity IC, sensors, power management, memory or storage, UI and others. Based on operation, market is segmented as cloud based AI and on-device AI. In addition, based on application, market is segmented as consumer electronics, healthcare, media & entertainment, automotive, military & defense, and others. The consumer electronics segment holds major share in market owing to rise in adoption of wearable gadgets and devices round the world.

The wearable AI market is driven by growth in adoption of AI assistants, followed by rise in advancement of IoT, increase in penetration of AI in the healthcare industry, augmentation of operations in healthcare industry, growth prospects of wearable component technology and integration of wireless technology in wearable electronics. However, short life of smart wearables may impact the market. Moreover, growth in advancement in personal computing and AI assistance for animal are anticipated to create opportunities for the growth of the market.

Based on geography, the Asian-Pacific region holds major share in wearable AI market owing to an enormous utilization of smart wearable instruments in countries such as China and India. Whereas, the European and North-American regions are estimated to witness higher growth rate due to increase in the disposable income coupled with change in consumer spending patterns over the forecast period. In upcoming years, it is predicted that future of the global wearable AI market will be bright as a result of rise in adoption of VR/AR based head-mounted device in several verticals during the forecast period.

For More Information, Click on the Link Below:-

Global Wearable AI Market

Contact Us:-

Ken Research

Ankur Gupta, Head Marketing & Communications

Ankur@kenresearch.com

+91-9015378249

Rise in Demand for Natural Ingredients in Cosmetic Products Expected to Drive Global Cosmetic Dyes Market: Ken Research

Cosmetic dye is a type of cosmetic additive that impart color to various cosmetic products such as lotions, lipsticks, hair oil, nail enamels, soaps, and eye colors. Cosmetic dye exists in two forms: natural and synthetic. Synthetic cosmetic dyes are generally utilized across all cosmetic applications that exhibit better stability properties and impart more intense color. Majority of cosmetic dyes available in the market are water-based, ether oil-based, and solvent-based. Solvent-based cosmetic dyes are used in nail enamels and skin toners applications, while oil- and water-based cosmetic dyes are used in cosmetic products such as hair oil, lotions, and lipsticks.

According to study, “Cosmetic Dyes Market by Product Type (Organic Dye and Inorganic Dye), and End User (Facial make up, Nail products, Eye make-up, Lip products, and Others): Global Opportunity Analysis and Industry Forecast, 2019-2026”. Some of the key companies operating in the global cosmetic dyes market are Sensient Cosmetic Technologies, Dystar, Organic Dyes and Pigments, Neelikon, Pylam, Clariant, Goldmann Group, Chromatech, Koel Colours, and Kolorjet Chemicals Pvt Ltd.

Based on product type, cosmetic dyes market is segmented into organic dye and inorganic dye. Based on technology, market is segmented into solvent-based technology, water-based technology and oil-based technology. Based on form, market is segmented into liquid, powder and others. In addition, based on end-user, market is segmented into lip care, hair care, facial care, nail products, perfumes, toiletries, eye makeup products and others (special purpose cosmetics).

The cosmetic dyes market is driven by rise in demand for natural ingredients in cosmetic products, followed by surge in need for skin care products, change in trends in cosmetic industry, growth in urbanization, increase in millennial population, surge in standard of living of people, growth in youth population in emerging economies, and rise in use of cosmetic products, such as foundations, blushers, eyeliners, lipsticks, and nail polishes. However, rise in awareness of probable side effects of chemical based cosmetics and stringent government regulations are key opportunities for market. Moreover, change in consumer preference for cost-effective cosmetics products and rise in demand of organic cosmetics are key opportunities for market.

Based on geography, the North-America is a leading region in global cosmetic dyes market owing to rise in awareness about the quality of facial cosmetic products such as premium lotions and wrinkle treatments, among the young as well as geriatric population in the region. Whereas, the European and Asian-Pacific regions are estimated to depict higher growth rate due to increase in preference for hair color, such as permanent or temporary over the forecast period. In upcoming years, it is predicted that future of the market will be bright as a result of rise in use of cosmetic dyes in toiletries, skin care, and hair care products during the forecast period. The global cosmetic dyes market was valued at US $420.3 million in 2018 and is estimated to reach US $610.1 million by 2026, with a CAGR of 4.9% during the forecast period. The cosmetic dyes market shows an incremental revenue opportunity of US $72.3 million from 2019 to 2026.

For More Information, refer to below link:-

Global Cosmetic Dyes Market

Related Report:-

Asia Pacific Cosmetic Pigments and Dyes Market_Companies Profiles, Size, Share, Growth, Trends and Forecast to 2025

Contact Us:-

Ken Research

Ankur Gupta, Head Marketing & Communications

Ankur@kenresearch.com

+91-9015378249

Rise in Awareness of Healing Benefits of Essential Oils Expected to Drive Global Essential Oil Soap Market: Ken Research

 The key essential oil soaps consists of blend of organic essential oil, natural fats, and other associated compounds. Some of the major type of natural essential oil primarily used in the soap making includes the sandal wood oils, khas oils, palmarosa oil, ajwan oil, pepper mint oil, and lavender oil. The essential oil soaps are primarily produced over a batch format through cold or semi hot soap manufacturing processes. One of the key reason behind adoption of the aforementioned process with an evaporative feature of natural essential oil.

According to study, “Essential Oil Soap Market by Product Type (Lavender Essential Oil, Rose Essential Oil, Tea Tree Essential Oil, Rosemary Essential Oil, Peppermint Essential Oil, and Others), and Distribution Channel (Supermarket/Hypermarket, E-commerce, Retail Stores, and Pharmaceutical Stores): Global Opportunity Analysis and Industry Forecast, 2019-2026”. Some of the key companies operating in the global essential oil soap market are kama Ayurveda, Edens Garden, Lush, forest essentials, Sunleaf Naturals, LLC, Wipro Unza Holdings Ltd., Virginia Aromatics, Olay, Dove, and Enchanteur. These key players are focusing towards the promotion of their unique product offerings and supplying same through the direct sales channel.

Based on product type, essential oil soap market is segmented into lavender essential oil, peppermint essential oil, tea tree essential oil, rose essential oil, rosemary essential oil, and others. Lavender segment dominates the market owing to rise in use for treating anxiety, insomnia, depression, and restlessness. Additionally, rosemary oil segment is projected to depict higher growth rate as it helps in reducing stress levels and nervous tension as well as increasing mental activity, encouraging clarity & insight, relieving fatigue, and supporting respiratory function during the forecast period. In addition, based on distribution channel, market is segmented into supermarket/hypermarket, retail stores, e-commerce, and pharmaceutical stores. Supermarket/hypermarket segment holds major share in market as it offers different types of essential oil soaps of a variety of brands with unique features in each brand product has propelled the growth of the segment.

The essential oil soap market is driven by growth in preference towards sustainable and safe personal care products, followed by rise in awareness of the healing benefits of essential oils and increase in preference for locally made, artisanal, natural products. However, cross border counterfeit activities and high price as compared to synthetic ingredient soaps may impact the market. Moreover, growth in revenue through online sales channels is a key opportunity for market.

Based on geography, the North-American and European regions have strong foothold in the essential oil soap market with considerable revenue share owing to rise in incidence of skin diseases, and introduction of cost effective products in the market. Whereas, the Asian-Pacific region is anticipated to exhibit substantial growth rate due to increase in spending on personal care products and cosmetic products during the forecast period.

The global essential oil soap market was valued at US $247.7 million in 2018 and is expected to reach US $458.4 million by 2026, with a CAGR of 8.3% during the forecast period. The essential oil soap markets show an incremental revenue opportunity of US $197.2 million from 2019-2026.

For More Information, Click on the Link Below:-

Global Essential Oil Soap Market

Contact Us:-

Ken Research

Ankur Gupta, Head Marketing & Communications

Ankur@kenresearch.com

+91-9015378249

Global Tea Capsule Market Outlook: Ken Research

 Major players in the tea capsule market are Dualit Limited, Teespresso, Nestle Nespresso, Lipton, Corsini, Bonini S.r.l., and Red Espresso.

The Global Tea Capsule Market is expected to grow from USD 1.04 billion in 2019 to USD 1.06 billion in 2020 at a compound annual growth rate (CAGR) of 1.5%. The slow growth is mainly due to the COVID-19 outbreak that has led to restrictive containment measures involving social distancing, remote working, and the closure of industries and other commercial activities. The market is then expected to grow and reach USD 1.42 billion in 2023 at CAGR of 10.24%.

The tea capsule market consists of sales of tea capsules and related services. Tea capsules are encapsulated tea leaves that contain ingredients similar to an ordinary cup of tea. Tea capsules offer convenience and comfort when making tea at home, in public places, or even when traveling.

Asia Pacific was the largest region in the tea capsules market in 2019. North America is expected to be the fastest growing region in the forecast period.

In March 2019, Nestle's special T brand partnered with Kusmi Tea to create a new range of specialty tea capsules. The collaboration of two companies aimed at expanding the company's product portfolio to serve the increasing demand for tea in the forthcoming years.

The tea capsules market covered in this report is segmented by product type into red tea capsules, oolong tea capsules, black tea capsules, yellow tea capsules, others. It is also segmented by distribution channel into hypermarkets & supermarkets, specialty stores, online stores, convenience stores, others and by application into residential, commercial.

High prices of tea capsules are projected to hinder the growth of the market. In addition to this, changing consumer preferences towards healthy options in hot beverages such as almond & maple hot chocolate, warm spiced coconut-almond milk, hot lemon water, apple cider with cinnamon, and others are likely to hamper the demand for tea capsules in the forecast period. Additionally, the rising price of tea is anticipated to have an adverse effect on the tea demand including powder tea and capsule tea. According to Trade Economics, the price of tea increased to USD 2.61 per kg in December 2019 up from USD 2.48 per kg in December 2018.

The players engaged in the manufacturing and selling of tea capsules are adopting various strategies such as mergers & acquisitions, new product launch, and plant capacity expansion in order to maintain their position in the competitive business environment. For instance, in March 2019, Nestle's premium capsule tea system Special.T partnered with Kusmi Tea, a Paris-based tea brand to launch a new range of jointly created tea capsules in Europe and other markets. This scenario of launching new products by the companies is anticipated to attract new customers for the tea capsules market, resulting in increased tea capsules market revenue.

Increasing consumption of tea is predicted to boost the demand for tea capsules market over the forecast period. According to the International Institute of Sustainable Development (IISD), tea has become the second most popular beverage after tea, with 3 billion cups consumed every day across the globe. In 2017, the total tea production accounted for 5.98 million tons worldwide. Furthermore, according to the Global Dubai Tea Forum, per capita consumption of tea is projected to increase from 35.2 liters in 2017 to 37.7 liters by the end of 2021. The growing per capita consumption is likely to propel the demand for tea capsules in the near future.

For More Information, Click on the Link Below:-

Global Tea Capsule Market

Contact Us:-

Ken Research

Ankur Gupta, Head Marketing & Communications

Ankur@kenresearch.com

+91-9015378249

Global Specialty Foods Market Research Report: Ken Research

Major players in the specialty foods market are Compass Group, Chobani, World Central Kitchen, Eden Creamery, AeroFarms, Safe Catch Foods, Union Wine Co., Daily Harvest, a2 Milk, and Amy's Kitchen.

The global specialty foods market is expected to decline from USD 165.06 billion in 2019 to USD 145.25 billion in 2020 at a compound annual growth rate (CAGR) of -12%. The decline is mainly due to the COVID-19 outbreak that has led to restrictive containment measures involving social distancing, remote working, and the closure of industries and other commercial activities. The entire supply chain has been disrupted, impacting the market negatively. The market is then expected to recover and reach USD 209.47 billion in 2023 at CAGR of 12.98%.

The market for specialty foods consists of sales of specialty foods and their related services. Specialty foods are made from high quality ingredients and have limited distribution with unique or beautiful packaging. The specialty foods consist of cheese & plant-based cheese, non-RTD cocoa and coffee, refrigerated and frozen poultry/seafood/meat, yogurt, candy, pretzels/snacks/chips, bread & baked goods, and others.

North America was the largest region in the specialty foods market in 2019. In August 2018, Indiana Packers Corporation (IPC), producer of Indiana Kitchen premium pork products announced the acquisition of Specialty Foods Group, LLC (SFG) based in Owensboro, Kentucky for a purchase-price between USD 25-27 million. The acquisition is expected to strengthen the Indiana Packers Corporation (IPC) growth for manufacturing, marketing, sales, and raw material utilization capabilities. Specialty Foods Group LLC is a manufacturer and distributor of private-labeled and premium branded meat products in the USA. 

The specialty foods market covered in this report is segmented by product type into cheese and plant-based cheese; frozen or refrigerated meat, poultry, and seafood; chips, pretzels, and snacks; bread and baked goods; chocolate and other confectionery; others and by distribution channel into food service; retail; online. 

The high cost of specialty food is likely to hinder the growth of the specialty foods market during the period. Specialty foods are made from high-quality ingredients such as gluten-free, non-GMO, and ingredients rich in vitamins and minerals, thus include a higher cost of raw materials. According to specialty foods association, the high cost of ingredients, certifications, and production is increases the prices of specialty foods making it unaffordable for the large group of the populace. Therefore, the high cost of specialty foods is predicted to hinder the growth of the specialty foods market during the forecast period. 

The launch of high quality and innovative products such as plant-based, convenience, better-for-you, non-GMO products with authenticity, and products with unique attributes such as low fat, low calorie, low sodium, high protein, no dairy and organic is a major trend shaping the growth of the specialty foods industry. For instance, in February 2020, PANOS Brands, engaged in production and sales of a unique portfolio of specialty and natural brands announced the launch of its new products which includes Amore Organic Ready-To-Eat Legumes, KAME Asian Rice Crackers, Amore Organic Ready-To-Eat Legumes, Chatfield's premium allergen-safe Organic Baking Bars, Andrew & Everett rBGH-BST Hormone Free Melting Cheese, and MI-DEL Organic Apple Cinnamon Cookies. Therefore, the launch of new innovative and healthy products is likely to be a major trend driving the sales of the specialty foods industry. 

The growth in the number of millennials preferring at-home and healthy meals coupled with growing interest in having nutritious food for a healthy lifestyle is increasing the demand for specialty foods. According to Specialty Foods Association (SFA), millennials are twice likely to plan at-home meals and high preferences for specialty products to create interesting and healthy eating experiences. Moreover, according to the research from the NDP Group in 2019, millennials, gen X, and baby boomers are expected to eat more meals at home. Thus, growth in at-home cooking activities of millennials and preferences for healthy foods is anticipated to boost the revenue for specialty foods market over the forthcoming years.

For More Information, refer to below link:-

Global Specialty Foods Market

Related Report:-

Global Specialty Fats & Oils Market Size Study, by Type (Specialty Fats, Specialty Oil) by Application (Chocolates & Confectioneries, Bakery Products, Processed Foods, Dairy Products, Other Application) by Form (Dry, Liquid) by Functionality (Molding, Filling, Coating, Stabilizing, Texturing, Health, Others) by Regional Forecasts 2017-2025

Contact Us:-

Ken Research

Ankur Gupta, Head Marketing & Communications

Ankur@kenresearch.com

+91-9015378249

Global Robotic Surgery Services Market Research Report: Ken Research

 Major players in therobotic surgery services market are Intuitive Surgical Inc, Stryker Corporation, Medrobotics Corporation, Johnson & Johnson, Globus medicals, NuVasive, Smith & Nephew plc, Titan Medical Inc, TransEnterix Inc, and University of Pittsburgh Medical Center.

The Global Robotic Surgery Services Market is expected to decline from USD 0.71 billion in 2019 to USD 0.57 billion in 2020 at a compound annual growth rate (CAGR) of -19.04%. The decline is mainly due to the Covid-19 outbreak resulting in other patients delaying their episodes of care. The market is then expected to recover and reach USD 1.03 billion in 2023 at CAGR of 21.55%.

The robotic surgery services market consists of the sale of services provided Robotic surgical technology, the highly advanced technological form of non-invasive surgery that utilizes robots and computer systems to conduct surgeries with lesser incision and more precision. The commonly used robotic surgical system consists of a mechanical arm and camera arm attached to surgical instruments with a controlled by a surgeon being seated at a computer console which is usually in the same room as the surgical table, or can be around the world.

North America was the largest region in the robotic surgery services market in 2019. Asia-Pacific is expected to be the fastest growing regions in the forecast period.

On October 2019 Corindus Vascular Robotics Inc., a leading developer of precision vascular robotics was acquired by Siemens Healthineers AG, a German conglomerate of medical technology offering wide range of products in the fields of diagnostic and therapeutic imaging, laboratory and point of care diagnostics, and molecular medicine for an amount of USD 1.1 billion the main aim of this acquisition is to optimize the procedures and to increase the clinical outcomes by collaborating each other's technologies, it also opens a new market for Siemens.

The robotic surgery services market covered in this report is segmented by application into general surgery; urological surgery; gynecological surgery; orthopedic surgery; neurosurgery; other applications and by end-users: hospitals; ambulatory surgery centers (ASCS).

Safety concerns regarding the use of robotic surgery services are likely to cause a hindrance to the robotic surgery services market. The FDA Safety communication raised a concern in February 2019 about using robotic surgery for mastectomy procedures or for the prevention or treatment of cancer as the effectiveness and safety of these devices is not established. According to the survey of New England journal of medicine published in November 2018, the survival rate of patients having minimally invasive surgery compared to patients having open surgery is lower. Over the past two decades more than 8,061 device malfunctions, 1,391 injuries, and 144 deaths occurred in robotic surgery service. Due to such concerns more products have been recalled from the market. On September 2019 Zimmer Biomet has recalled its ROSA brain 3.0 robotic surgery system because of a software problem which can drive the robotic arm to an incorrect position which can risk patient's life. This was identified as a class 1 recall which is the most serious kind of classification by the FDA. These safety concerns lead to more stringent regulations by the regulatory agencies like the FDA, which would in turn increase the cost and time period for the research and development activities. Therefore the safety issues pertaining to robotic surgeries leading to product recalls is expected to hinder the growth of the robotic surgery services market.

Image guide navigation system combined with the robotic surgery system offers more possibility to visualize and perform the minimally invasive surgery in areas which were earlier difficult, especially the orthopedic surgeries and neurosurgeries. The Mazor X Stealth system by Medtronic, and the NuVasive's Pulse and Excelsius GPS by Globus Medical, among others use image guided navigation system to perform spine surgeries, and orthopedic implant surgeries such as total, partial knee and hip replacements as they provide the surgeon with 3D experience. The image-guided navigation reduces the radiation effects and patients do not require to take an X ray after the procedure. These factors state that the image guided navigation system is expected to be a trend in robotic surgery services.

Increase in purchasing power of hospitals and ambulatory care services has helped in the growth of the robotic surgery service market. Hospitals and ambulatory care services are interested in buying latest technologies to provide advanced care to the patients as well as to achieve an edge over their competitors. According to the fourth quarter financial results 2019 of intuitive Surgicals, the robotic surgical giant, the company has shipped around 336 DA Vinci systems during the quarter when compared to 290 during the fourth quarter of 2018. It has almost 5,582 DA Vinci systems installed, with a 12% year-over-year increase. More than 1 million procedures were performed around the world with the DA Vinci In 2018 from 136,000 in 2008. The need for more minimally invasive surgery by growing geriatric population coupled with the prevalence of chronic disease such as diabetes, HIV/AIDS, asthma, arthritis, and other diseases has increased the demand for robotic surgery services. According to the World Health Organization (who) report, there will be a 57 % increase in chronic illness. Therefore, the purchasing power of hospital and ambulatory care services coupled with the increase in the geriatric population and prevalence of chronic illness have contributed to the growth of robotic surgery services market.

For More Information, Click on the Link Below:-

Global Robotic Surgery Services Market

Contact Us:-

Ken Research

Ankur Gupta, Head Marketing & Communications

Ankur@kenresearch.com

+91-9015378249

Effective Trends In Insulin Drugs Global Market Outlook: Ken Research

The insulin drugs market comprises of producers’ sales of insulin drugs and forms of Insulin by several entities (organizations, sole traders and partnerships) which are utilized to cure diabetes. Insulin is a medication recommended to cure type 1 diabetes and type 2 diabetes mellitus. There are numerous types, preparations, and dosage amounts of insulin. Insulin is a hormone that is introduced naturally in our bodies. Its major role is to enable cells throughout the body to uptake glucose (sugar) and transform it into a form that can be utilized by such cells for energy. The market concealed in this report does not involve non-insulin drugs and several others anti diabetic drugs or medicine.

According to the report analysis, ‘Insulin Drugs Global Market Report 2020’ states that in the insulin drugs global market there are numerous companies which recently functioning more effectively for leading the highest market growth and registering the handsome value of market share while spreading the awareness related to the benefits of the insulin drugs, decreasing the associated price, advancing the specifications of the production technologies, implementing the profitable strategies, analyzing and studying the strategies of the government and competitors, employing the young work force and developing the applications of the insulin drugs includes Apidra, Eli Lilly, Humalog, Humulin, Insuman, Lantus, Levemir, Novo Nordisk, Novomix, NovoRapid/Novolog, Actrapid, Admelog, Novolin/Actrapid/Insulatard, Ryzodeg, Sanofi, Soliqua/Suliqua, Toujeo, Tresiba, Xultophy and several others.

In addition, the worldwide insulin drugs market was worth at about USD 25.44 billion in 2019 and is projected to grow to USD 29.39 billion at a CAGR of 7% through 2023. The insulin drugs market has been geographically sectored into North America, Western Europe, Asia-Pacific, Eastern Europe, South America and Middle East & Africa. It is predicted that the North American market is the greatest market for insulin drugs and is projected to continue to be the greatest market during the forecast duration.

The insulin drugs market covered in this report is sectored by product type into basal or long acting insulins, bolus or fast-acting insulins, traditional human insulins, combination insulins, biosimilar insulins. It is also divided by application into type II diabetes, type I diabetes, gestational diabetes, and prediabetes.

Whereas, the changing lifestyles are leading to a greater pervasiveness of diabetes. This is expected to propel the requirement for diabetes drugs during the review period. Long functioning hours, less physical activity, and unwholesome eating and drinking habits are foremost causes of diabetes. According to a study conducted in 2018, there was a great prevalence of diabetes in populace with sedentary lifestyles. In addition, people suffering from chubbiness are up to 80 times more propelling to develop type 2 diabetes. According to a World Health Organization (WHO) report, 74% of men and 64% of women in the UK, for instance, are predicted to be overweight by 2030. These aspects are projected to augment the patient pool of diabetes, thereby projected to influence the diabetes therapies market throughout the forecast period. Therefore, in the near years, it is predicted that the market of Insulin Drugs will increase around the globe more effectively over the upcoming years.

For More Information, refer to below link:-

Global Insulin Drugs Market

Related Report:-

Europe Human Insulin Market 2020-2026 by Product Type (Drugs, Delivery Devices), Application (Type 1 Diabetes, Type 2 Diabetes, Others), Distribution Channel, and Country: Trend Forecast and Growth Opportunity

Contact Us:-

Ken Research

Ankur Gupta, Head Marketing & Communications

Ankur@kenresearch.com

+91-9015378249

Robust Demand for Smart Sensors in Automobile Sector Expected to Drive Global Sensor Market over the Forecast Period: Ken Research

 The sensor is a device that detects instant changes in physical environment. They are capable of detecting all key physical input such as temperature, speed, heat, motion, humidity, and others. It also detects changes as per the input and then converts it to the electrical signals. There are variations of sensors that are used over the optical sensor, biosensor, touch sensor, pressure sensor, temperature sensor, accelerometer & speed sensor and many others. The growing usage of sensors in the smartphones industry and substantial rise in demand from the automation industry has supported the growth of the sensor market.

According to study, “Sensor Market by Type (Radar Sensor, Optical Sensor, Biosensor, Touch Sensor, Image Sensor, Pressure Sensor, Temperature Sensor, Proximity & Displacement Sensor, Level Sensor, Motion & Position Sensor, Humidity Sensor, Accelerometer & Speed Sensor, and Others), Technology (CMOS, MEMS, NEMS, and Others), and End User (Electronics, IT & Telecom, Industrial, Automotive, Aerospace & Defense, Healthcare, and Others): Global Opportunity Analysis and Industry Forecast, 2012-2025”. Some of the key companies operating in the global sensor market are ABB Ltd., Eaton, Honeywell, Analog Devices, STMicroelectronics, Infineon Technologies, Renesas Electronics, NXP Semiconductors N.V., Siemens, and Texas Instruments. There are numerous players engaged and further entering the smart sensor market by using innovative products. The emerging development of IoT based product and autonomous products are further expected to drive the market growth over the forecast period.

Based on type, sensor market is categorized as radar sensor, biosensor, touch sensor, optical sensor, image sensor, pressure sensor, proximity & displacement sensor, temperature sensor, level sensor, motion & position sensor, accelerometer & speed sensor, humidity sensor, and other sensors. Based on component, market is categorized as Analog to Digital Converters (ADCs), transceivers, Digital to Analog Converters (DACs), microcontrollers, amplifiers and others. Based on technology, market is categorized as CMOS, NEMS, MEMS, and others. In addition, based on end users, market are categorized as electronics, industrial, aerospace & defense, IT & telecommunication, healthcare, and others.

The sensor market is driven by rise in demand for sensors in development of smart cities, followed by growth in trend of Internet of Things (IoT), rise in advancement in automation sector, increase in applications of radar in remote sensing and growth in advancement in sensors and its increasing usage in smartphones, and other electronics devices. However, incorporating the sensor in devices incurs extra value and reduces life of device may impact the market. Moreover, surge in the automotive sector and rise in adoption of wearable devices are key opportunities for market.

Based on geography, the North-American and European regions hold major share in global sensor market owing to substantial buying power coupled with high standard of living amongst the population in the regions. Whereas, the Asian-Pacific regions is estimated to exhibit higher CAGR due to low manufacturing cost as well as rise in availability of manpower at low cost and low shipment cost over the forecast period. In near future, it is anticipated that the global sensor market will be reached at rapid pace on account of increase in adoption of green energy technologies during the forecast period.

For More Information, Click on the Link Below:-

Global Sensor Market

Contact Us:-

Ken Research

Ankur Gupta, Head Marketing & Communications

Ankur@kenresearch.com

+91-9015378249

Increase in Need for Soil Replenishment Caused by Limited Crop Rotation Practices Expected to Drive Global Seed Treatment Market: Ken Research

Seed treatment is a process of applying chemical & biological agents to seeds, in order to prevent damage by insects, pathogens, and pests. Seed treatment plays a fundamental role in sustainable crop production, by providing protection from pre and post emergent insects and diseases, across a variety of soil types & environmental conditions. It helps to control soil or seed-borne infections & diseases. In addition, it reduces germination time, improves the yield of crops, and enhances overall productivity. Presently, neonicotinoids are the most popular seed treatment insecticides in the market. Imidacloprid is a most common neonicotinoid used to control aphids, as aphids act as carrier to viral diseases. It is also effective against chinch-bug, Hessian fly, flea-beetle, leafhopper, and others. Seed treatment has appeared as a cost-effective crop protection solution as compared to conventional spraying because it is more efficient and less labor intensive.

According to study, “Seed Treatment Market by Product (Insecticide, fungicide, bio-control, and Others), Treatment Method (Seed Coating, Seed Dressing and Seed Pelleting), Crop Type (Cereals & Grains, Oilseeds & Pulses, Other Crop Types), and Application (Seed Protection and seed enhancement): Global Opportunity Analysis and Industry Forecast, 2019-2026”. Some of the key companies operating in the global seed treatment market are BASF, Syngenta AG, Valent USA Corporation, Bayer CropScience, DuPont, Chemtura Corporation, Novozymes A/S, Monsanto, Nufarm Limited, and Sumitomo Chemical Company.

Based on type, seed treatment market is segmented into chemical seed treatment and non-chemical seed treatment, Non-Chemical seed treatment includes biological seed treatment and physical seed treatment. Based on product type, market is segmented into fungicide, insecticide, bio-control and others. Bio-control seed treatment is a fastest growing segment owing to rise in awareness and severe government regulations against chemical seed treatment. Based on crop type, market is segmented into oilseeds & pulses (cotton, soybean, sunflower and canola), cereals & grains (sorghum, corn, rice, barley and wheat) and other crop types (sugar beets & vegetables and turf-forages and alfalfa). Based on treatment method, market is segmented into seed dressing, seed coating and seed pelleting. In addition, based on application, market is segmented into seed enhancement and seed protection.

The seed treatment market is driven by increase in need for soil replenishment caused by limited crop rotation practices, followed by seed treatment as a low-cost crop protection solution, reduced risk of exceeding maximum residue limits (MRLS) and serves as insurance to seed investments. However, strict government regulations, lower margins for key industrial crops and existing ban on neonicotinoids may impact the market. Moreover, growth in innovative combination of products and increase in application in high-value crops are key opportunities for market.

Based on geography, the Asian-Pacific region dominates the global seed treatment market, followed by European region, owing to growth in number of agriculture-based economies in the region. Whereas, the North-American region is anticipated to exhibit higher growth rate due to increase in food requirement because of rapidly increasing global population over the forecast period. The global seed treatment market was valued at US $4.8 billion in 2018, and is expected to reach US $9.3 billion by 2026, growing at a CAGR of 8.1% from 2019-2026.

For More Information, refer to below link:-

Global Seed Treatment Market

Related Report:-

Global Seed Treatment Products Market Status (2015-2019) and Forecast (2020-2024) by Region, Product Type & End-Use

Contact Us:-

Ken Research

Ankur Gupta, Head Marketing & Communications

Ankur@kenresearch.com

+91-9015378249

Different Trends In Propionic Acid Market Outlook: Ken Research

The Propionic acid is an organic acid introduced by the reaction of ethylene and carbon monoxide. The chemical formula for propanoic acid is CH3CH2COOH or C3H6O2 with the boiling point of 141.15 C. This acid is painstaking to be safe for usage as common food additive and adaptable preservative in the animal feed and human food. It retains anti fungal and antimicrobial belongings, and hence functions as crop protection agent. In addition, it is utilized as an intermediate for manufacturing of dissimilar chemicals such as cellulose acetate propionate. Moreover, it is broadly used in herbicides and preservatives, as it prevents the growth of bacteria and mold.

According to the report analysis, ‘Propionic Acid Market by Application (Herbicides, Rubber Products, Plasticizers, Food Preservative and Others) and End-User Industry (Pharmaceuticals, Personal Care, Food & Beverage, Agriculture, and Others): Global Opportunity Analysis and Industry Forecast, 2019-2026’ states that in the propionic acid market there are several corporates which presently operating more effectively for leading the fastest market growth and registering the great value of market share around the globe more effectively over the upcoming duration while spreading the awareness related to the propionic acid, increasing the applications, benefits and features of such, analyzing the strategies and policies of the government and competitions, implementing the profitable strategies, delivering the better consumer satisfaction, decreasing the associated prices and employing the young work force includes BASF SE,Dow Inc., Eastman Chemical Company, Perstorp Holding AB, Hawkins, Inc., Corbion N.V., Otto Chemie Pvt. Ltd., Merck KGaA, Oman Oil Company SAOC, Celanese Corporation and several others. Although, these players are implementing the various strategies such as acquisitions, partnerships, collaboration, joint ventures, agreements, enlargements, and new product established to create a strong customer base in the market. For instance, in May 2019, BASF SE recognized a propionic acid second production plant in Nanjing, China. This is projected to assist BASF SE meet the market requirement of the propionic acid.

In addition, the Propionic acid market registered for revenue of USD 1.2 billion in 2018 and is projected to create USD 1.6 billion by 2026. The market is predicted to experience growth at a CAGR of 3.5% from 2019 to 2026. The aspects such as effective augment in application of propionic acid in the food & beverage industry and increment in the demand for the safe animal feed propel the growth of the worldwide propionic acid market. However, the environmental problems related to the usage of pesticides, increase in side effects owing to direct exposure, and shortage of production facilities limit the market growth. On the contrary, the usage of propionic acid as antibiotics and propionate esters as solvents are projected to offer worthwhile growth opportunities for the market expansion during the near future.

It is predicted that Europe was the maximum revenue contributor in the worldwide market. The Europe propionic acid market is analyzed around Germany, France, Italy, the UK, and rest of Europe. Europe is projected to grow at a restrained rate and is marked with the existence of several manufacturers and contractors of propionic acid. Germany is the foremost market for the food industry and agriculture segment in the region. Thus, usage of the propionic acid in both industries propels the market growth. Moreover, ongoing investments across the food industry further enhancement the growth of the market. Therefore, in the coming years, it is predicted that the market of propionic acid will increase around the globe more effectively over the upcoming duration.

For More Information, refer to below link:-

Global Propionic Acid Market

Related Report:-

Global P-Hydroxyphenyl-Propionic Acid (CAS 501-97-3) Market 2020 by Manufacturers, Regions, Type and Application, Forecast to 2025

Contact Us:-

Ken Research

Ankur Gupta, Head Marketing & Communications

Ankur@kenresearch.com

+91-9015378249