Increase in Use of Corrosion-Free Applications is set to Drive Global Copper Nickel Market: Ken Research

 Copper-Nickel (CuNi) is also recognized as Cupronickel. It is an alloy of copper which comprises of nickel and also other firming elements, such as iron & manganese. The copper-nickel alloys are also extensively used for marine applications associated with excellent strength to prevent seawater corrosion, ease of fabrication and high inherent & low susceptibility related to the attachment of marine organisms. Moreover, the copper nickel alloy also provides reliable service since the long time now even as offering effective solutions to today’s technological challenges. It is also used in the cryogenic applications with its amalgamation of good ductility holding & thermal-conductivity at very low temperatures further it is advantageous to use it in the low-temperature processing and storage equipment areas, heat exchangers of the cryogenic plants. Moreover, some of the key properties these alloys are inherent resistance to the macrofouling, corrosion resistance, good tensile-strength, and excellent ductility when annealed. The thermal conductivity and expansion distinctiveness are also amenable for heat exchangers & condensers. The copper Nickel alloy is silver in color irrespective of the copper content. The alloy is a corrosion resistant in most of the environments. Furthermore, this alloy composition further differs from the grade to grade. However, the Cupronickel price can further deviate from the market factors associated to locations, and the transportation facilities. Some of the key applications including offshore fire water systems, hydraulic lines, heat exchangers & condensers, seawater pipe-work, sheathing of legs & risers on offshore platform and boat hulls, desalination units and fish cages for aquaculture.

Referring to the study, Global Copper Nickel Market Report 2020 by Key Players, Types, Applications, Countries, Market Size, Forecast to 2026 (Based on 2020 COVID-19 Worldwide Spread). Few of the renowned companies operating in the global copper nickel market include SITINDUSTRIE MARINE SAS, Shiv Shakti Impex, Mahabali Steel, Dinesh Industries, Kenco Tubes, Nautic Steels, Metline Industries, Oshwin, NFS and among others. The established players are opting to acquisition, collaboration, partnership, expansion, and the new product launch in order to gain competitive advantage in the market and maintaining market position. Furthermore, the key players are also competing on pricing, and services. The vendors operating in the market also strive to deliver best quality products & services based on the innovative technologies, and best practices. The key players are making a substantial investment for research & development (R&D) and securing a guaranteed resource for the customers.

Based on types, copper nickel market can be segregated as ordinary white copper, complex white copper and industrial white paper. In addition, based on application, market can be segregated as petrochemical engineering, medical equipment, building materials, electric appliances and others.

The copper nickel market has grown considerably due to factors such as growth of chemical industry. Additionally, research & development (R&D) provides a huge market opportunity for the leading players operating in the copper nickel market. Apart from this, relatively high price is estimated to hinder the overall growth of the copper nickel market.

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Ventricular Assist Devices Market Is Predicted to Augment More Actively Owing to Increasing Prevalence of Cardiac Diseases: Ken Research

Ventricular assist devices deliver the countless lifesaving therapies to patients who suffer from the heart failure and where heart donor is not prevail. There are countless ventricular assist devices recently prevail in the market. For instance, during 2020, Abbott received FDA approval for its updates labelling of the heartmate-3 ventricular assist device to be utilized in the pediatric patients with improved refractory left ventricular heart breakdowns. Further, the increasing geriatric populace have augmented the prevalence of the cardiovascular syndromes as old individual are more prone to such syndromes.

According to the report analysis, ‘Ventricular Assist Devices Market: Current Analysis and Forecast (2021-2027)’ states that numerous improvement have taken place for intensifying ventricular assist devices during the recent scenario likewise dynamic pacemaking, transitional tissue welding, and microprocessor controlled devices and many more. Whereas, some of the foremost aspects predicted to propel the requirement for ventricular assist devices (VADs) comprise the increasing worldwide geriatric populace suffering from the increasing prevalence of the chronic syndromes such as neurological syndromes, diabetes, cardiovascular syndromes, hypertension, and stroke. Speedy globalization couples with the pursual of unhealthy lifestyles in both developed and underdeveloped nations are underwriting to the increasing perils of chronic ailments. The increasing prevalence of cardiovascular syndromes is, in turn, projected to propel the requirement for ventricular assist devices.

Not only has this, but such syndromes also augment the perils of organ failure and owing to the deficiency of organ donors and impede in organ transplantations, the requirement for VADs is projected to augment over the near future. Foremost aspects that propel the growth of the global ventricular assist devices market comprise augment in incidence of patients with the heart failure and lack of heart donors. The advent of technically advanced VAD influences the market growth. However, certain restrictions of such devices likewise high price and sever perils comprised with a VAD implantation process likewise blood clots and bleeding limit the market growth.

The foremost factors accrediting to the growth of the ventricular assist device market are technological improvement of devices for cardiac diseases management, increasing initiatives and awareness concerning cardiovascular diseases, and the growing burden of cardiac diseases and heart failure.

Whereas, the North America is projected to dominate the entire market, throughout the review period. The existence of high per capita healthcare expenditure, coupled with the increasing prevalence of cardiac diseases, is projected to influence the high growth of the ventricular assist device in the North American region. Around the North American region, it is predicted that the United States controls the largest share. This is owing to the existence of a large population with heart disease. Around the United States, cardiovascular diseases and hypertension cases account for a foremost share of the people that demand surgery. A large number of cardiac considerations and systemic considerations are taken into account, as there are countless factors linked with preoperative, perioperative, and postoperative complications. The great burden of patients with heart failure-related indications is mostly above the age of 40, which majorly boosts the requirement for VAD in hospitals and clinics. Therefore, in the near years, it is predicted that the market of ventricular assist devices will augment more actively over the near future.

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Global Ventricular Assist Devices Market

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The Invasive Procedures & Growth in Technological Advancements is set to Drive Evar Stent Grafts Market Globally: Ken Research

 The aortic-aneurysm is a swelling & dilation the wall of blood-vessel, in general an artery, owing to weakness or degeneration, which develops in the segment of artery wall. Endovascular-aneurysm-repair or EVAR contains the conveying of implant in the aneurysm through small-groin incisions with X-rays to guide the graft into place. EVAR is an ideal treatment option for the aortic aneurysm considering to its advantages over the open surgery. Some of the other key advantages consist of shorter hospital stay, quick recovery time, enhanced patient outcomes, and no abdominal surgery. Therefore, such EVAR procedure is well known for the standard intervention associated to abdominal aortic aneurysm (AAA). Endovascular surgery is performed in the aorta using long, thin tubes known as catheters to place a stent that is wrapped in a fabric liner to reinforce the weak spots. EVAR additionally entails placing a stent graft into the aneurysm over the inguinal arteries the usage of x-ray guidance to position it properly. A stent is placed in an aneurysmal area of the aorta to provide permanent alternative channel for the blood flow within the patient’s vasculature, thereby further preventing the aneurysmal sac from the blood flow pressure and rupturing. A stent-graft also comprises a metal skeleton (stainless steel or nitinol), which is covered with an impermeable tissue (polytetrafluoroethylene or polyester) and is fixed under fluoroscopic control through the femoral arteries. The EVAR patients are suggested to undergo consistent follow-up imaging surveillance, particularly for patients wherever the secondary intervention would be considered.

Referring to the study, Global Evar Stent Grafts Market Report 2020 by Key Players, Types, Applications, Countries, Market Size, Forecast to 2026 (Based on 2020 COVID-19 Worldwide Spread). Some of the key companies operating in the global evar stents grafts market include Cardinal Health (Cordis), Medtronic, Terumo (Vascutek), Cook, Boston Scientific, Endologix, TriVascular, MicroPort Scientific Corporation and among others.

Based on types, evar stents grafts market can be segmented as Thoracic Aortic Stent Grafts and Abdominal Aortic Stent (AAA) Grafts. Thoracic aortic aneurysm is further sub-segmented as thoracoabdominal, ascending, descending and thoracic arch aortic aneurysm. In addition, based on application type, market can be segmented as Traumatic aortic injury treatment and Ruptured AAA treatment.

Increase in efforts for creating awareness about aneurysms, followed by growth in population and increase in acceptance of EVAR procedures worldwide are some major factors, which are responsible for growth of the evar stents grafts market. Apart from this, increase in acceptance of balloon angioplasty may impact the market. Moreover, rise in demand for minimally invasive procedures and surge in technological advancements in EVAR are leading opportunities for market.

Based on regional analysis, the North-America is a leading region in global evar stents grafts market owing to surge in demand for minimally invasive endovascular surgeries across the region. The Asia-Pacific and Europe regions are estimated to witness higher growth rate due to increase in healthcare awareness and facilities over the forecast period. It is projected that future of the global evar stents grafts market will be bright as a result of increase in number of people affected by obesity & diabetes during the forecast period.

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Global Evar Stent Grafts Market

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Global Tamper Evident Packaging Market Is Predicted to Augment Owing to Augmenting Expansion of The Pharmaceutical and Cosmetic Industry: Ken Research

Packaging during the present’s world calls for the multi-operational method of the designing of the product. With the race to decrease the entire price of production, producers have innovated with the packaging structure or design. This has led to a move to flexible packaging, lower usage of material, low expenditure of storage and lessen transport price. Presently another functionality that producers require to consider is protection. With the on-the-go lifestyle settling in, individua; predict the product they have bought to be protected to consume.

According to the report analysis, ‘Tamper Evident Packaging Market: Current Analysis and Forecast (2021-2027)’ states that with the scare from the Tylenol scandal during 1982 that let to the death of 7 individuals owing to poisoning the food and drug administration has limited enforced tamper evident packaging for the pharmaceutical producers. With the exponential growth observed by the pharmaceutical industry, tamper evident packaging market is pegged for the steady growth throughout the review duration of 2021-2027.

Moreover, with the growing incidence of counterfeit product essentially in underdeveloped nations, there has been a growth in the requirement in the requirement for a form of packaging which is tamper evident packaging as well as intelligent. This has concluded in the implementation of tamper evident packaging market which is a sign of authentic and real product prevail inside the packaging. Another aspect which is booming the requirement for tamper evident packaging is the growing requirement for hygienic and protected food products which are fit for consumption.

Furthermore, with supermarkets, hypermarkets, and utility stores transforming the entire landscape of shopping for food and beverage products, there has been an increment in the requirement for tamper evident packaging as this form of packaging boost the shelf life of the product within by managing its freshness as well as its nutritional value throughout the supply chain.

Another aspect propelling the usage of this form of packaging is the threat of bioterrorism. The increasing trend of consuming gourmet food on account of the transforming lifestyles of the individual and their augmented income is benefiting the growth of this Market. Increasing trend of Ready-to-Eat food, packaged foods, frozen foods, and instant food products will also support the market for tamper evident packaging to augment.

Region wise, it is predicted that the North America hold the greatest share in the market throughout the review duration due to growing awareness concerning safety amongst customers. The Asia Pacific is projected to create the greatest CAGR in the market throughout the review duration due to the increasing enlargement of the pharmaceutical, cosmetics and food & beverages industry in this economy. Moreover, the effective growth in disposable income of customers and the increasing populace in underdeveloped region likewise China and India are predicted to augment the tamper-evident packaging market growth during the review duration. Increasing consciousness concerning food safety amongst the customers and growing living standards of customers are also predicted to propel the tamper evident packaging market growth in a positive manner.

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UAE Diagnostic and Medical Testing Market Is Predicted to Boost with The Growth in Lifestyle Diseases: Ken Research

Chances are, anytime you have gone to the doctor’s office presenting the symptoms of an illness or injury, your healthcare provider has demanded that you undergo diagnostic testing of some sort. Diagnostic and medical testing incorporates a broad variety of physical examinations-both invasive and non-invasive-provided by the medical professionals to endure the existence or absence of illness/syndrome in patients.

According to the report analysis, ‘UAE Diagnostic and Medical Testing Market Current Analysis and Forecast (2017-2026)’ states that with the growth in lifestyle diseases, shift in care models and innovative healthcare delivery approaches worldwide comprising the aim on preventative rather than restorative care, the diagnostics & medical testing industry around the UAE is well poised to augment. Clinical laboratory services are a critical component of the healthcare sphere provided their impact and effectiveness to convey reliable and high-quality healthcare to patients. Laboratory tests support determine the presence, magnitude or non-existence of disease and monitor the usefulness of treatment. Clinical Laboratory services are categorized into 2 broad categories: pathology testing and imaging laboratory services. As per Frost & Sullivan’s research during 2019, Abu Dhabi & Dubai collectively underwritten up to significant percentage of the test volumes of the overall laboratory market around UAE. Both Emirates have improved healthcare infrastructure in the form of hospitals, clinics and laboratory centres along with higher penetration in the private healthcare segment.

In addition, the UAE diagnostic and medical testing market proposes proficient growth potential for the prevalent as well as emerging product producers. Technological improvements in POC devices, increasing incidence syndromes, and augment in the investments by the foremost players are the foremost aspects propelling the growth of the diagnostic and medical testing market.

Based on the end user, the market is segmented into B2B End-users, B2C End-users, Lab Management & COVID. The B2B End-users sector grabbed the foremost market and registered the market. The segment created revenue of USD xx million during 2020. For a better understanding of the market implementation of the UAE Diagnostics and Medical Testing, the market is analysed based on its regional requirement in the regions such as Dubai, Abu Dhabi & Rest of UAE. Abu Dhabi dominated the market and created xx million in terms of volume during 2020 due to greater number of laboratories, augmented the spending in health infrastructure & government aim & favourable policies on healthcare around the country.

Increasing medical spending by the government and regulatory bodies is predicted to propel the market throughout the review duration. Government and foremost organizations are constantly employed in motivating patients to undergo regular diagnostic examinations.

In UAE, the multinational healthcare organization aid in the discovery of the novel approaches and encourage the awareness the eradication and diagnosis of primary as well as chronic syndromes. Speedy external funding to the clinical studies conducted for the improvement of the novel innovative diagnostics tests is projected to boom the market.

In addition, NRL, Al Borg Lab, Medsol, MENA Labs, Purehealth, Unilabs, Cleveland Clinic Abu Dhabi, SRL Diagnostics, Thumbay Labs, Life Diagnostics, Yok Labs are some of the prevalents players operating around the UAE Diagnostics and Medical Testing market. Countless M&As along with partnerships have been undertaken by such players to facilitate consumers with hi-tech and ground-breaking products/technologies.

A continuous augment observed in the prevalence of the chronic syndromes along with the great requirement for the speedy products for assessment of the health situations is projected to propose the market a proficient momentum during the near future. This is projected to deliver the lucrative choices to functional entities as blood testing is fundamental for the regular observing the syndromes. Not only has this, the convey swift services, hospital, clinics and several other healthcare amenities are delivering the advanced tests. An exponential augment in the number of COVID-19 cases around the UAE is booming the requirement for large-capacity diagnostic and medical testing.

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UAE Diagnostic and Medical Testing Market

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COVID 19 Impact Global Digital Advertising Market: Ken Research

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Traditional media communication medium was once considered an imperative form of advertising a few years ago, however, in recent years the digital media is prospering considerably and it has become one of the pivotal modes of communication in marketing and advertising for building brand sustainability. Digital Marketing has become more famous after the involvement of the latest technologies in businesses.

Moreover, advertising plays an important role in determining the image of the product thereby helping the consumers in their buying decision of the product. The pressure of advertising has been growing each day with the rising influence of social media, increasing smartphone and internet penetration, and surging level of awareness. A significant amount of money is spent on advertising campaigns bringing to the companies multi-billion profits. Similarly, it is a "product of the first necessity" for any enterprise, aimed at commercial success, and its spending is further becoming more and more expensive.

According to the report analysis, ‘Global Digital Advertisement Market: Current Analysis and Forecast (2020-2026)’ states that Alibaba, Amazon, Facebook Inc, Alphabet, Microsoft Corporation, Sina, Nokia Corporation, Tencent, Twitter and Apple Inc are some of the key players operating in the Global Digital Advertisement market. Several M&A's along with partnerships have been undertaken by these players to facilitate costumers with hi-tech and innovative products. Several established players have already earmarked their presence in the respective market while new players have also forayed into the digital advertisement market. Digital media has been the harbinger of growth for the advertising industry across the globe in the last few years. Every year a sustainable proportion of advertising budget is being spent on digital media and it is growing every year.

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The research report covers a descriptive and insightful analysis of the advertising trend; detailed regional level analysis has been conducted including North America, Europe, Asia-Pacific, and the Rest of the World. North America occupied the maximum share in the digital advertising market. As per the report, the United States witnessed the marked shift in dynamics over the last decade due to surge in digital advertising accredited to significant growth in mobile internet advertising along with digital ad spending in the country exceeding has catalysed the regional performance in the respective market.

Additionally, based on Ad format, the report is further segments the Global Digital Advertising market into search advertising, banner advertising, social media advertising, video advertising and classifieds. However, the search advertising segment dominated the market and is expected to remain dominant throughout the forecast period 2020-2026. Search advertising allows the user to directly display paid advertisements among the search results on various search engines, like Google, Bing, and Yahoo.

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On the other hand, based on the programming type, the market is segmented into programmatic and non-programmatic type. The programmatic segment held the lead share in the Global Digital Advertisement market as they represent the greatest penetration and user accessibility in the respective market. Whereas, based on the platform, the market is segmented into desktop and mobile platforms. The Mobile platform generated significant revenue in the Global Digital Advertising market. This is majorly due to the prominence of smartphones and internet penetration; it has been observed that in the United States online advertising market, mobile internet advertising revenue showcased significant growth due to the growing adoption of mobile devices.

Lastly, based on the industry, the market is further divided into retail, automotive, financial services, telecom, consumer products, travel, and others. Out of which the retail sector occupied the largest share and the omnichannel approach adopted by the retail sector in digital marketing as it helps to map the customer's journey and results in inconsistency in every turn along with widespread applications of customer service chat bots being embraced by retailers has led to the major contribution of the sector.

The sudden outbreak of COVID-19 has negatively impacted the global digital advertising market. However, in the near future, it is predicted that the global digital advertisement market will increase at a single digit CAGR during the forecast period 2021 – 2026. This is majorly due to companies and among others tends to implement a dynamic digital marketing strategy that will increase the company’s ROI and added value to customers, these factors will widen the scope for the market.

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Global Digital Advertisement Spending Market Report 2020 by Key Players, Types, Applications, Countries, Market Size, Forecast to 2026 (Based on 2020 COVID-19 Worldwide Spread)

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Future Growth of Global Digital Payment Market: Ken Research

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Digital payment is referred to as those payments that take place using the various types of electronic medium. These methods do not require payment to be made in the form of cash or providing cheque. At present, there are multiple modes and types of digital payments that are prevalent across the globe such as Banking Cards, USSD (Unstructured Supplementary Service Data), UPI (United Payment Interface), Mobile wallets, Point of Sale Machines (PoS), Mobile Banking, Internet Banking, and many more.

According to the report analysis, ‘Global Digital Payment Market: Current Analysis and Forecast (2020-2026)’ states that ACI Worldwide, WEX, Adyen, Dwolla, Fiserv, Novatti, PayPal, Paysafe, Worldpay and Wirecard are some of the prominent players operating in the Global Digital Payment market. Several M&A's along with partnerships have been undertaken by these players to facilitate costumers with more efficient and innovative payment solution.

Payment services are a foundation of every economy. With digitization and continued technological development, they can increasingly offer consumers and businesses ways of paying that are tailored, convenient and flexible. Digital payments can also aid financial inclusion, facilitate budgeting, and enable action to prevent and tackle economic crime. Therefore, global digital payment market was valued to be in USD billion in the year 2019, owing to the sudden COVID-19 outbreak demand for the contactless payment. The government recognises that the growth in the use of digital payments has been swift, and it wants to ensure that everyone has the option to be able to pay for goods and services digitally. That is why the government has undertaken a significant program of work that, by supporting innovation and competition, has already helped make digital payments simpler, quicker, and cheaper.

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Moreover, the report covers a deep-dive analysis of the Digital Payment, detailed regional-level analysis of North America (US, Canada, Rest of North America), Europe (Germany, UK, France, Italy, Spain, and Rest of Europe), Asia-Pacific (China, Japan, India, Singapore and Rest of Asia-Pacific) and Rest of the World has been conducted. United States generated significant revenue in 2019. However, APAC is expected to witness the highest CAGR growth during the forecast period 2021-2026.

The demand for digital payment has increased globally as developed economies have implemented a cashless payment infrastructure based primarily on credit cards several decades ago, but in recent years, the legacy structures have suddenly become a burden. The "Western" markets are now much slower to adopt new payment solutions than growing economies such as China, India, or Eastern Europe. A large share of the population in the developing economies of Asia, Africa, and Latin America has also been under banked until the rise of mobile payment and wallet innovations that completely rely on accessible mobile technology.

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The report covers various qualitative sections namely market overview and genesis, trends and developments, issues and challenges, SWOT Analysis, Value chain analysis, company profiles, analyst recommendation along with the market segmentations at both global and regional level.  Therefore, the Global digital payments market has been further segmented by Type (Solution and Services), by Deployment (On-Premises, and Cloud), by Payment Mode (POS Payments, and Digital Commerce), by Payment Enterprises (Large Enterprises, SMEs), and by End Users (BSFI, healthcare, IT & Telecom, Media and Entertainment, Retail and E-commerce and others). All the sectors are deploying these solution and services as they make payment more convenient and safer. Nowadays, people prefer online shopping as it is quick and easy. Moreover, the lockdown in the COVID-19 times have encouraged contactless shopping and payment to avoid the contact with infected people. In 2019, BSFI dominated the global digital payment market.

In the near future, it is further forecasted that the Global Digital Payment market will increase at a double digit CAGR during the period 2021 – 2026. Moreover, it is also expected that the market will witness high growth Post 2020 as the shift in trends from making cash payment towards online payment have been observed during covid-19 period.

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Digital Payment Market: Market Segments: By Component [Solutions (Payment Gateway Solutions, Payment Processing Solutions, Wallet Solutions, Payment Security and Fraud Management Solutions, Point of Sale Solutions), Services (professional services (Consulting, Implementation, Support and Maintenance), Managed Services)]; By Deployment Mode (On-Premises and Cloud); By Organization Size (Large Enterprises, and Small and Medium-sized Enterprises (SMEs)); By Product Type (Standalone and Integrated); By Vertical (Banking, Financial Services, and Insuranc

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Future Growth of Global Smart Home Technology Market: Ken Research

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The proliferation and smartening of IoT devices have remarkably scaled up the potential for the industry and significant amount of data or information can be stored, collected, analysed and transmitted, helping the companies save substantial amount of money. However, concerns regarding privacy and hacking, high cost involved in complex installation and high prices of smart home devices needs to be addressed globally to experience the never-ending growth of smart home market.

According to the report analysis, ‘Smart Homes Technology Market: Current Analysis and Forecast (2021-2027)’ states that some of the major players profiled in the report includes Haier Electronics, Cisco Systems, Inc., Google, Amazon, Honeywell International, Crestron Electronics Inc., General Electric Company, IBM Corporation, LG Electronics Inc., Schneider Electric S.E., and Siemens AG among others. Looking at the growth prospect and consumer growing concern over home security various companies have forayed in the global smart home technology market, offering smart devices such as smart speaker, security systems, smart TVs, LEDs and switches, kitchen ware appliances and other devices. With an objective to enhance their product portfolio, the key market players have entered into various acquisitions and collaborations to expand their market reach and share.

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The global smart home market is segmented based on product, technology and end users. Therefore, the report is further being categorized by Product (security and safety, smart appliances, home entertainment, lighting and control, HVAC, energy management), by Technology (wired and wireless technology) and by End Users (residential & commercial), are some of the major focus areas considered while analysing and defining the penetration of smart home technology in different geographies. Currently, smart appliances dominated the global smart home market with a maximum share in terms of revenue. Based on estimation, the segment occupied a healthy share. Also, increasing demand for consumer electronics will further help the respective segment to grow at a higher rate of during the forecast period (2021-27).

In addition to this, the industry report also provides the penetration of smart home devices in different geographies and countries including North America, Europe, Asia-Pacific Latin America and Middle East and North Africa (MENA). As per the report, it estimates that the North America dominates the global smart home market followed by Europe and Asia Pacific at present. Moreover, positive impact on businesses of smart device manufactures and booming concept of Internet of Things has bolstered the growth of global smart home technology market.

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Furthermore, Wi-Fi technology application in smart home accounted a significant share in the market, while Ethernet wired connection occupied largest share in the respective technology. On the other hand, end-users, global smart home market are segmented into residential and commercial end-users and the smart home technology was more applicable among residential end-users. The segment dominated the market and is expected to maintain its dominance throughout the analysed period. Furthermore, depending on residential end-users, type, the market is further classified into luxury homes, mid-range apartments, assisted homes and low energy homes. Therefore, mid-range apartments occupied the largest share, followed by luxury apartments and luxury villas in the global smart home residential end-user segment market. This is majorly due to surging investments by major tech giants and venture capitalists to bring in innovation within smart home domain along with flourishing real estate sector and US recovery from subprime crisis has tremendously contributed towards the growth prospects of smart home technology worldwide.

Lastly, the benefits of smart home technology can also be witnessed among commercial end-users for instance hotels, hospitals and other commercial buildings. Technological breakthroughs have been successful in bringing about new shapes in the global smart home market. Smart home technology application was highly prominent among hospitals.

In the near future, it is anticipated that the smart homes technology market will increase at a double digit CAGR during the period 2021 – 2027 and this is largely due to strong competitiveness, flourishing IoT, spur in product development, R&D activities and dramatic uptake of technological advancements, investments by major peers, rising consumer awareness, spur in smartphone penetration have being significantly contributing in prospering the market size of smart home technology.

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Global Smart Homes Technology Market: Insights and Forecast, 2019-2025: Emphasis on Application (Safety and Security, Smart Appliances, Heating Ventilating, Air Conditioning (HVAC), Home Entertainment, Smart Lighting Systems, Smart Energy Management), Technology (Wireless and Wired Smart Home Technology), End-Users (Residential and Commercials End-Users)

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Global Automotive Molding Market Size and Growth 2021 By Future Trends, Investment Opportunities, Key Manufacturers, Prospects Research Report Till 2027: Ken Research

Automotive molding or car body molding refers to decorative and protective moldings on the car body. The term applies both to the detail and the material. Automotive stamping moulds are important technological equipment for automotive production. Automotive stamping dies have the characteristics of large size, complicated working surface and high technical standards, and belong to technically intensive products.

According to the report analysis, ‘Global Automotive Molding Industry Research Report 2021 Segmented by Major Market Players, Types, Applications and Countries Forecast to 2027’ states that Magna International (Canada), Aisin Seiki (Japan), Plastic Omnium (France), Toyoda Gosei (Japan), Flex-N-Gate (USA), CIE Automotive (Spain), Ningbo Huaxiang Electronic (China), Minth Group (China), TPR (Japan), Inoac (Japan), DURA Automotive Systems (USA), Hwaseung (Korea), SHIROKI (Japan), Nishikawa Rubber (Japan), FALTEC (Japan), Jiangnan Mould & Plastic Technology (China), Tata AutoComp Systems (India), Kinugawa Rubber Industrial (Japan), and many more are some of the major companies which are presently operating in the global automotive molding market.

The reports covers an in-depth analysis of major companies on the basis of various cross comparison and report also includes the company profiles of major players on the various parameters such as Product Specification, Production Capacity, Revenue, Price, Gross Margin and many more. Additionally, the report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.

Automotive Molding Market is further segmented by Types (Body Molding, Door Molding, Window Molding, and Others) and by Applications (Passenger Cars, Commercial Vehicles). Moreover, report also includes the Region wise market segmentation for the global automotive molding industry market into different regions such as North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America. On the other hand, the report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast with the detailed analysis by types and applications.

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The report provides an insightful analysis of the market and has comprehensive understanding of the global market and its commercial landscape. It also assesses the production processes, major issues, and solutions to mitigate the development risk. Additionally, report also provides the market strategies that are being adopted by leading respective organizations.

In the near future, it is anticipated that the global automotive molding industry market will increase at a double digit CAGR during the period 2020 to 2027 due to increase in the demand of cars and other commercial vehicles which will impact the demand of the molding industry positively. Also, the report will provide an insight on the post COVID-19 impact on the market which will help market players in this field evaluate their business approaches effectively.

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Global Automotive Molding Market Revenue

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International Remittance Industry in Saudi Arabia: Outlook to 2025

The publication titled ‘International Remittance Industry in Saudi Arabia’ covers the overview of industry by analyzing historical remittance statistics and corresponding change in social-demographic indicators in Qatar. With ~37% of expat population, the value of outbound remittance transactions were recorded at SAR xx Mn in 2020, up from SAR xx Mn in 2019.

Overview of Industry:

Saudi Arabia is one of the most economically prosperous country in Asia and hence is a prominent emigration destination to a many South Asian countries. Of the current population of 33 Million, more than 37% of population comprises of expats with India, Pakistan, Nepal, Philippines, Bangladesh, Sri Lanka and Egypt being key source countries.

During 2016-19, the international remittance industry in KSA declined from SAR xx Mn to SAR xx Mn, at a CAGR of xx%. However, during 2019-20, industry size increased by xx%.

India remains the largest outbound remittance corridor, accounting to xx% of the total outbound remittance. There has been growth in outbound remittance to other South Asian countries as well, like Pakistan and Bangladesh along with Egypt, Philippines etc

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Drivers and Impediments to growth:

In line with the G20 National Remittance Plan 2019 of Saudi Arabia highlight the importance of opening the market to allow foreign MTO to set up business in KSA. This will encourage new players in the current market which is oligopoly in nature and dominated by XX players contributing to XX% market share.

The Saudi remittance market is undergoing digital transformation due to emergence of digital payment players and fintech start-ups. One of the fastest growing remittance player, STC Pay and few other firms gained the digital banking license which happened first time in the country.

The decline in the remittance value of remittance over the past 5 years in Saudi Arabia is a major risk for a new entrants. Due to the employment of only Saudi Nationals at higher level posts, more and more people are looking to move from Saudi Arabia, which poses a deterrent to growth.

A Vibrant Future Outlook:

Given the backdrop of increase in volume and value of outbound international remittance transactions, analysts at Ken Research expect a growth of XX% during 2020-21 and CAGR of XX% during 2020-25F.

During this period, value of transactions is expected to peak in 2025 which will be driven by the opening of the market for foreign MTOs and growing adoption of digital solutions.

Analysts at Ken Research further expect that digitalization of services and corresponding marketing campaigns are expected to drive the revenue of remittance industry at a CAGR of XX% during 2020-25F

Key Topics Covered in the Report

Overview of International Remittance Industry in Saudi Arabia (Statistics on Corridor wise Transaction volume and value)

Industry segmentation (By Type of Transfers, Corridor wise)

Cross Comparison of Major players on Operational and Financial Parameters (December 2020)

Company Profile of Major Players (Overview, Products and Services, USP, Business Strategies, Branch wise Operational Performance, Cumulative Financial Performance, Recent Developments)

Growth Drivers and Challenges to Saudi Arabia International Remittance Industry

Industry trends and developments

Risk factors in the industry

Rules and Regulations by Government Bodies

Impact of COVID-19 and Future Outlook of Industry

For More Information, refer to below link:-

International Remittance Market Size in Saudi Arabia

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