Global Market Research Reports : Ken Research

Monday, August 8, 2022

Asia Pacific Robotic Arms Market Major Players, Growth Rate, Analysis, Future Outlook: Ken Research

What Is the Size of Asia Pacific Robotic Arms Industry?

Asia Pacific Robotic Arms market is growing at a CAGR of ~% in 2017-2021P and is expected to reach ~USD Bn by 2027F. The growth of the Robotic Arms market in Asia Pacific is driven owing to the increasing requirement for industrial automation.

Furthermore, the rising prevalence of robotic arms over the next few years is expected to propel the growth of the market due to increasing investments in research and development. Further continuous product development, and development of platforms for technology applications in R&D laboratories, striking a balance between short-term and long-term R&D programs is opening up new opportunities for robotic arms to increase their demand.

The pandemic has put national health systems around the world under great stress and governments have admitted that there is under-investment in healthcare infrastructure. As governments review health care provision, there will be a greater focus on technology and efficiency in the aftermath of COVID-19 and the two areas poised to benefit are digital health and robotic surgery.

Asia Pacific Robotic Arms Market

The Materials Handling application segment is estimated to be the largest segment mainly due to the increased need for easy and efficient automation in production lines while maintaining customer satisfaction.

Asia Pacific Robotic Arms Market by Product Type

The SCARA segment in Asia Pacific Robotic Arms market is growing at a CAGR of ~% in 2017-2021 and is expected to reach ~USD Bn by 2027F. This growth is mainly due to the increased need for mechanical automation requirements across industries and the flexibility and repeatability accuracy of these robotic arms.

The Parallel/Delta segment is expected to witness the fastest growth among all segments during the forecast period, owing to their capability of rapid placing and pick-up abilities that is sought after by the industries.

Asia Pacific Robotic Arms Market by Payload Capacity

The Less than 500 KG market is growing at a fastest CAGR of ~% in 2017-2021 and is expected to reach ~USD Bn by 2027F. This gain is majorly due to the increased efforts by the industries to automate the production lines and to reduce the dependency on the manpower for highly repetitive and tedious tasks.

The other two segment of 500-3,000 and 3000 & more payload capacity of the Robotic Arms market are going to grow at a rapid rate mainly due to the increased usage of this type of robotic arms in manufacturing activities.

Asia Pacific Robotic Arms Market by Application

The Cutting & Processing segment in the Asia Pacific Robotic Arms market is growing at the highest CAGR of ~% in 2017-2021 and is expected to reach ~USD Bn by 2027F. This growth is mainly due to the increased need for easy and efficient automation in production lines while maintaining customer satisfaction.

The Materials Handling segment is expected to retain its position as the largest segment until 2027. This is mainly due to the increased need of easy and efficient automation in production lines while maintaining customer satisfaction.

Asia Pacific Robotic Arms Market by End User

The food & beverage segment is expected to have the fastest growth rate during the forecast period. This is mainly due to the increased adoption of robotic arms to be able to adhere to the stringent quality standard requirements for the industry and reduce the manpower cost.

The Electrical/Electronics industry segment is expected to be a major gainer in the Asia Pacific Robotic Arms Market due to the presence of multiple major electrical and electronics manufacturers operating out of the region and increased adoption of robotic arms by these in almost all stages of the electronic cycle.

Competition Scenario in Asia Pacific Robotic Arms Market

The Asia Pacific Robotics arm market is highly competitive with many globally diversified players and a large number of Players having their niche solutions in specific markets. Companies are competing on various parameters such as Partnerships, New Products, and offering comprehensive robotic arms to all major End User industries.

What Is the Expected Future Outlook for The Overall Robotic Arms Market in Asia Pacific?

The revenues generated by robotic arms market players in Asia Pacific are projected to augment to ~ by 2027 from ~ during 2022, registering a robust CAGR of ~ during the same period.

The use of robotic arms will continue to grow due to the increasing requirement of automation in almost all industries and for being used for most applications from material handling to assembling. The demand and development of technologies such as artificial intelligence and machine learning which support the increase in the number of applications for robotic arms are major trends responsible for market growth.

Furthermore, continued investments in research and development by the manufacturers to bring out many advanced robotic arms with sophisticated technology is expected to provide a strong thrust to the growth of the robotic arms market.

Automated solutions ensure a continuous supply of products to assembly lines or storage areas. ML enables the implementation of autonomous mobile robots in logistics facilities, which are tasked with distributing stock to different points of the warehouse without following a predetermined route.Installing automated solutions based on technologies such as AI or RPA reduces the chances of mistakes in process management and materials management.

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Robots equipped with AI are already being used in factories to transport materials, clean equipment, and manage inventory. AI robots use actuators, sensors, vision systems, and advanced software, they collect and analyze data from their surroundings as they operate, and respond with corrections in real-time. The algorithms used for AI/Machine Learning become more efficient as the robot completes its tasks and collects more information.

Human-robot collaboration is another important trend in robotics. Modern robotic systems are capable of adapting to a rapidly changing environment with the ability to work closely with humans. The range of collaborative applications offered by robot manufacturers continues to expand. Currently, shared workspace applications are most common where bots and employees work alongside each other, completing tasks sequentially.

Key Segments Covered in Asia Pacific Robotic Arms Market

Asia Pacific Robotic Arms Market by Product Type

Articulated

Cartesian

SCARA

Cylindrical

Parallel/Delta

Others

Asia Pacific Robotic Arms Market by Payload Capacity

Less than 500 KG

501-3,000 KG

3,001 KG and above

Asia Pacific Robotic Arms Market by Application

Materials Handling

Cutting & Processing

Soldering & Welding

Assembling & Disassembling

Others

Asia Pacific Robotic Arms Market by End User Industry

Automotive

Electrical & Electronics

Metal & Machinery

Plastics & Chemicals

Food & Beverages

Others

Asia Pacific Robotic Arms Market by Geography and Major Countries

China

Japan

South Korea

India

Taiwan

Key Target Audience: -

Robotic Arms Manufacturers

Robotic Arms Product Assemblers

Robotic Arms Component suppliers

Raw Material Suppliers for Robotic Arms

Potential Investors in Robotic Arms Companies

Value Added Resellers

Collaborative Robot Manufacturers

Industrial OEMs of Robotic Arms

Industrial Automation Solutions Providers

Robotics Companies

Robotics Industry Associations

Robotics Research Groups

Ministries of Electronics and Engineering

Time Period Captured in the Report: -

Historical Period: 2017-2021

Forecast Period: 2022-2027F

Companies Mentioned: –

Key Competitors in Asia Pacific Robotic Arms Market

ABB

Yaskawa Electric Corporation

FANUC Corporation

KUKA AG

Kawasaki Heavy Industries Ltd.

Mitsubishi Electric Corporation

Nachi – Fujikoshi Corp

Denso Corporation

Hyundai Robotics

OMRON

Yamaha Motor

Universal Robots

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Emerging Robotic Arms Companies in Asia Pacific

Wlkata

EVS Tech Co., Ltd.

AUBO Robotics

Connected Robotics

Ascent Robotics

Preferred Networks

Neuromeka

Doosan Robotics

Accio Robotics

Janyu Tech Pvt. Ltd

Asimov Robotics

Techman Robot

Geek+

Key Topics Covered in the Report: -

Snapshot of Asia Pacific Robotic Arms Market

Industry Value Chain and Ecosystem Analysis

Market size and Segmentation of Asia Pacific Robotic Arms Market

Historic Growth of Overall Asia Pacific Robotic Arms Market and Segments

Competition Scenario of the Market and Key Developments of Competitors

Porter’s 5 Forces Analysis of Asia Pacific Robotic Arms Industry

Overview, Product Offerings, and SWOT Analysis of All the Key Competitors

Covid 19 Impact on the Overall Asia Pacific Robotic Arms Market

Future Market Forecast and Growth Rates of the Total Asia Pacific Robotic Arms Market and by Segments

Market Size of End User Industries with Historical CAGR and Future Forecasts

Analysis of Asia Pacific Robotic Arms Market in Major Asia Pacific Countries

Major Production / Consumption Hubs in the Major Countries

Major Production/Supply and Consumption/Demand Hubs in Each Major Country

Major Country-wise Historic and Future Market Growth Rates of the Total Market and Segments

Overview of Notable Emerging Asia Pacific Robotic Arms Companies within Each Major Country

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Asia Pacific Robotic Arms Market

Related Reports: -

APAC Healthcare AI Market Outlook to 2025 – By Applications (Machine/Robot Assisted Medical Procedures, Clinical Trial & Drug Discovery/Development, Preliminary Diagnosis, Administrative Workflow Assistance, Virtual Nursing Assistant, Fraud Detection, Dosage Error Reduction), by Countries, by End Users & by Technologies and Current Investment Scenario

Global Robotic Surgery Market by Region (North America, Europe, Asia Pacific and ROW), by Product Type (Surgical Robot System, Instruments and Accessories and Services) – Outlook to 2022

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Oman Blood Gas Analyzer, POC Immunoassay Analyzer, and Transcutaneous Monitors Market Outlook to 2026: Ken Research

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The Diagnostic Medical Device Market in Oman has seen a comprehensive an and significant growth in last 5 years owing to Oman’s expanding healthcare infrastructure and improving quality of the healthcare services. The majority of Blood Gas Analyzers, Immunoassay Analyzers and Transcutaneous Monitors in Oman are imported from the European countries. Rise in disease prevalence has driven the country’s need to adopt new generation diagnostic devices, resulting in increasing the demand for the Blood Gas and POC Immunoassay Analyzers in the country. The rising incidence of chronic diseases such as cardiovascular, Immunological and Neonatal diseases have led to an increase in emphasis on early diagnosis in Oman.

Public sector accounts for most healthcare expenditure and supply of healthcare services in the Kingdom of Oman. Oman offers a variety of opportunities in terms of advancements in the healthcare sector, as the government is keen on expanding the healthcare industry, especially relating to medical devices. Oman is expected to see greater role in the private sector in terms of diagnostics and treatments. Quality, safety improvement and sustainment assurance has become a priority for most of the end users.

Oman Blood Gas Analyzer Market was affected by the impact of COVID-19 by slowing the sales of the reagent, this also corresponds to the smaller number of surgeries conducted in 2020 and 2021. However, the market is slowly moving back to normal in the second half of 2021.

An increasing number of patients suffering from cancer and chronic diseases is a major factor expected to fuel demand for Blood Gas Analyzers in Oman. Slow and steady rise in the adoption rate is expected to fuel the future of the market which is majorly due to the increased demand in the private sector in the POC IAA market. TCM Market is expected to grow slowly for another 5 years, however it is expected to see a rise by increased partnership with the upcoming projects in the public sector.

Oman Blood Gas Analyzer Market

Oman’s healthcare sector has solid foundations, exciting growth opportunities, a centralized location and promising talent, making it the future of the healthcare industry.

Oman Blood gas analyzer Market

Oman Blood Gas Analyzer Market Size:

The Blood Gas Analyzer market size is segmented on the basis of installed base. There has been a rise in the POC devices over the years. POC devices have nearly replaced the use of central lab blood gas analyzers.

By Type of Device: The Blood Gas Analyzer are segmented by type of product category into POC and Central Lab Devices installed in Oman. Further POC devices have been segmented as POC Handheld and POC Benchtop devices.

By Type of Sales Model: Blood Gas Analyzer are further segmented into Consumable Sales Model and Outright sales Model. Where Consumable sales model is the reagent model.

By Type of End Users: Blood Gas Analyzer are segmented on the basis of sector of Entity Type which the Government (SEHA, MOH, DHA) or Private Sector as well as the ultimate End Users which is Hospitals and Independent Labs.

Oman POC Immunoassay Analyzer Market

Oman POC Immunoassay Analyzer Market Size:

The POC Immunoassay Analyzer market size is segmented on the basis of installed base. There has been a rise in the POC devices over the years.

By Type of Sales Model: POC Immunoassay Analyzer are further segmented into Consumable Sales Model and Outright sales Model, where Consumable sales model is the reagent model.

By Type of Tests conducted: The POC Immunoassay are segmented by type tests conducted into Troponin and NTproBNP.

By Type of End Users: POC Immunoassay Analyzer are segmented on the basis of sector of Entity Type which the Government or Private Sector as well as the ultimate End Users which is Hospitals and Independent Labs.

Oman Transcutaneous Monitor Market

By Type of End Users: Transcutaneous Monitors are segmented on the basis of sector of Entity Type which the Government or Private Sector as well as the ultimate End Users which is Hospitals and Independent Labs.

Comparative Landscape in Oman Blood Gas Analyzer, POC Immunoassay Analyzer And Transcutaneous Monitors Market

In majority of the product segments the competition was observed to be concentrated with global players such as Siemens, Radiometer and Others. Nevertheless, the global market leaders for manufacturing Blood Gas Analyzer, POC Immunoassay Analyzer and Transcutaneous Monitors are dominating the market in Oman.

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Oman Blood Gas Analyzer, POC Immunoassay Analyzer and Transcutaneous Monitors Future Outlook and Projections

An increasing number of patients suffering from cancer and chronic diseases are major factors expected to fuel demand for blood gas analyzers. Slow and steady rise in the adoption rate is expected to fuel the future of the market. This is majorly due to the increased demand in the private sector in the POC IAA market. Oman hospitals and clinics, as well as developing specialist treatments, are continuously growing. Over the near term, investment in facilities is forthcoming from both the government and the private sector, helping to meet rising demand from a growing population, a factor which will likewise create a greater need for medical devices.

Key Factors Considered in the Report

Comprehensive analysis of Blood Gas Analyzer, POC Immunoassay (Benchtop) Analyzer and Transcutaneous Monitoring Devices Market in Oman
Market Size on the basis of Installed unit, 2021
Listed major players and their installed base, strengths, and weaknesses.
Cross Comparison of Major players in the Oman Blood Gas, POC Immunoassay and Transcutaneous Monitoring Devices Market on the basis of Qualitative and Quantitate Parameters
Listed future technologies in each product segment
Identified major trends and developments in the market and assessed the future growth of the market.
Future pipelined healthcare projects in Oman
Future Projections for each product category

Morocco Blood Gas Analyzer and POC and Immunoassay Analyzer Market Outlook to 2026 – Driven by Construction of new hospitals along with high focus on rapid diagnostics and other hospital consumables is expected to benefit Moroccan healthcare system in future

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Malaysia Electric Two-Wheeler Market- Growth, Trends, Covid-19 Impact & Forecasts 2026: Ken Research

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Increase in awareness about alternative fuel, advancements in battery technology, and growing demand of two-wheelers in B2B Services will contribute to the growth of Electric two-wheeler Vehicle Industry in Malaysia ~ Ken Research Consumer preferences and buying decision behavior The electric two-wheeler vehicle market is at a very nascent stage. Public awareness needs to be strengthened to encourage more users to switch to EVs. This includes continuously raising awareness on the benefits of EVs – particularly about its range and reliability, ensuring the readiness of infrastructure, and promote benefits including the current incentives offered for electric scooters & electric motorcycles. Consumers started preferring and realized the need for an electric vehicle, especially 2W, when the mechanical shops were closed during COVID-19 lockdown in 2020. Consumers are thinking to shift to electric vehicles also because, during Budget 2022, the government proposed that EVs be completely exempt from import duty, excise duty and sales tax. EVs will also benefit from a road tax exemption of up to 100% under the proposal, while an income tax relief of up to RM2,500 will be provided on the cost of purchasing and installing, renting or taking up hire purchase facilities, as well as subscription payments of EV charging facilities. As fuel prices climb, consumers prefer to switch to battery-powered electric bikes and scooters. Alternative fuel awareness among consumers is growing, battery technology and R&D efforts are advancing, and manufacturers are concentrating on producing electric two-wheelers.

Competitive Landscape in Malaysia’s Electric Two Wheeler Vehicle Industry Malaysia’s Electric two-wheeler Vehicle Industry is consolidated with presence of limited players for 2-wheelers. These players compete with each other on the basis of products offered, product quality, value added services, product pricing, its features, battery technology type, battery capacity, battery type, voltage type etc. Companies like Eclimo has adopted a B2B model, where they rent/sell their electric 2-wheelers to corporates such as KFC. Companies like Eclimo and KuroEV provide electric two wheelers rental services for a monthly or yearly subscription in Malaysia.

Technological advancements in battery technology

Technological advancements in electric vehicle industry have made electric two-wheelers affordable and increased their performance and efficiency. The major reason for the affordable prices of electric scooters and bikes is the advancement in battery technology. OEMs are investing capital in research and development to further increase the efficiency of the electric battery along with the reducing their cost. Most of the light electric vehicles run on lithium-ion batteries, for which manufacturers are researching to increase its charging capacity. Solid-state batteries are to be the next-generation battery technology that can resolve a lot of the current problems.

Impact of COVID-19 on Electric Vehicles Industry

The COVID-19 pandemic had a negative impact on the market as manufacturing activities were on halt for several months in the first half of the year 2020. Also, the disrupted supply chain and the shortage of raw materials in the year 2021 had a negative impact on the growth of the market. Malaysia is along major sea trade routes and due to the lockdown and shutdown of countries, the sea trade has also come to a halt, stopping transport of vehicles across the world. However, the gradual opening of the market in the later stages of 2020 and 2021 has paved way for economic revival of the market. The Covid-19 pandemic also had a significant impact on household income according to a study conducted by the Department of Statistics. The Covid-19 impact study on household income in Malaysia for 2020 revealed that the number of poor households increased to 639,800 in 2020, up from 405,400 in 2019. This largely affected the sale of electric vehicles in Malaysia. The publication titled “Malaysia Electric Two-Wheeler Market Outlook to 2026: Driven by increase in awareness about alternative fuel, advancements in battery technology, and growing demand of two-wheelers in B2B Services” provides a comprehensive analysis of the electric two-wheeler vehicle industry by analyzing historical statistics and corresponding developments in the electric vehicles market. The market growth declined during COVID as manufacturing activities were on halt and the supply chain got disrupted. Given the consolidated structure in the electric vehicle industry, analysts have elaborated on competitive landscape of major electric 2-wheelers players on the basis of models launched, product prices, technology type and other operational parameters. The report also covers a snapshot on player’s business model, value chain analysis, growth drivers, Porters 5 forces analysis, impact of COVID-19 and factors governing the future outlook of industry. The report also provides comprehensive insight on the market size and segmentation of the electric two-wheelers industry. The report focuses on Electric two-wheeler Vehicle Market segmentation by Type of Electric two-wheeler Vehicle, Type of Battery Capacity, Type of Battery Technology, Type of Voltage used, and Type of Battery used. The report highlights the pain points of the electric vehicles industry along with detailed company profiles of major electric 2-wheeler brands. The report concludes with projections for future industry market size, market segmentations and analyst take on future market scenario.

Key Segments Covered in Malaysia Electric Two Wheeler Vehicles Industry

By Type of Electric 2-wheelers
Electric scooter
Electric motorcycle

By Type of Battery Capacity for electric 2 wheelers
<25Ah
>25Ah

By Battery Technology Type for electric 2 wheelers
Removable batteries
Non-removable batteries

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By Voltage Type for electric 2 wheelers
24V
36V
48V
60V
72V

By Battery Type for electric 2 wheelers
Lithium-Ion
Sealed Lead Acid

Time Period Captured in the Report:

Historical Period: 2016-2021
Forecast Period: 2022F-2026F

Malaysia Electric Two-Wheeler Vehicles Industry Players

Electric 2 wheelers
Eclimo
Treeletrik
NIU

Key Topics Covered in the Report

Ecosystem of Electric two-wheeler Vehicles Industry
Value Chain Analysis of Electric two-wheeler Vehicles Industry
Business Models of Major Entities in the Electric two-wheeler Vehicles Industry
Customer Preferences and Buying Decision Behavior in Electric two-wheeler Vehicles Industry
Market Size of Electric two-wheeler Vehicles Industry by Transaction Value and Sales Volume
Market Potential of Malaysia Electric two-wheeler Vehicles Market
Market Segmentation of Electric two-wheeler Industry by type of electric 2 wheelers, type of battery capacity, type of battery technology, type of voltage, and by battery type
Competitive Scenario of the Electric two-wheeler Vehicles Industry
Issues and Challenges in Electric two-wheeler Vehicles Market
Trends and Developments in the Electric two-wheeler Vehicles Industry
Porter’s Five Forces analysis of the Electric two-wheeler Vehicles Industry
Growth Drivers of Electric two-wheeler Vehicles Industry
Challenges and Restraints in the Electric two-wheeler Vehicles Industry
Government Rules and Regulations in the Electric Vehicles two-wheeler Industry
Impact of Covid-19 and Government Regulations on Electric two-wheeler Vehicles Industry
Future Market Size of Electric two-wheeler Vehicles Industry by Transaction Value and Sales Volume
Future Market Segmentation of Electric two-wheeler Vehicles Industry by type of electric 2 wheelers, type of battery capacity, type of battery technology, type of voltage, by battery type
Industry Speaks
Analyst Recommendations
Research Methodology

Related Reports UAE Electric Vehicle Charging Equipment Market Outlook To 2026: Driven By Government Support And Incentives With The Increasing Focus To Achieve Green And Sustainable Economy Malaysia Automotive Lubricant Market Outlook To 2025- Driven By Growing Adoption Of High-Performance Lubricants, Increasing Vehicles On Road Coupled With The Availability Of Products On E-Commerce Platforms Malaysia Used Car Market Outlook To 2026F (Third Edition) – Demand For Used Cars Increased Due To Shift In User Preference Towards Personal Mobility, Induced By Covid-19

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How To Choose a Market Survey Company?

A market survey is the exploration and analysis of the market for a specific good or service, including the examination of consumer preferences. A market survey's primary goal and objective are to gather information about a target market, including competitor analyses, pricing patterns, and client expectations, which is typically done to obtain information for improved product growth, and marketing decisions. A market study can provide direct consumer feedback on issues like what they would like from a product or service, how much they would be willing to pay for it, etc. which helps in improving business decisions.

Benefits Of Conducting a Market Survey

Gain customer feedback: Market surveys at Ken Research, assist companies in obtaining valuable input from their target market, which provides the accurate information they may use to develop enticing advertising or sales strategies.
Improve product or services based on the data: In order to ascertain what aspects of the product are successful and where they can be improved, a market research firm can examine the factors that influence consumer satisfaction and dissatisfaction.
Identify the best pricing structure: A market study reveals if a customer will pay a specific sum of money for a novel idea and what they think of the prices of competitors, which helps to make an efficient pricing structure.
Make well-informed business decisions: The use of market research data helps businesses make significant adjustments that lower the level of risk associated with making critical business choices.

How To Choose a Market Survey Company?

You should select a market survey firm that offers its core services rather than just one of the numerous marketing and business services it offers as part of its portfolio of services. When choosing a market survey company, you should consider the below mentioned factors:

Flexibility: Market research firms should work around your schedule. They cater to your openings on the calendar and are willing to re-prioritize their schedule to meet your schedule. Customers should not worry about flexibility at Ken Research because we are very flexible and recognize that unforeseen obstacles can arise at any time. As a result, we always adjust as necessary and deliver the service on time while delighting the client with excellent outcomes.
Geography: Location is essential in bringing about changes in the market. Even though the market research company is not physically located in your area, they should be aware of the market and the geographical elements that affect it. Ken Research is geography agnostic as we have worked across countries such as Thailand, UAE, Philippines, Egypt, and some others.
Experience: To get the greatest results from the survey for the products or services, you should pick a market survey company that has some experience in that area. At Ken Research, we have contacts who are highly qualified and skilled, allowing us to target the appropriate respondents.
Trust: Trust evolves over time from promises made by the market research company to the client which are upheld. A company that should be trusted with your data. Ken Research believes in the integrity and security of data. We have a privacy policy in place to protect the customer's data, and IP tracing allows the client to check for authenticity. Our analysts maintain utmost confidentiality.

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Global Tumor Marker Market Growth is fostered by Growing Awareness: Ken Research

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A biomarker is any cellular, physical, chemical, or molecular change that can be well-known and a normal or abnormal process in a human body that can be studied. The effects of the treatment, the manifestation, progress or the peril for a disease can be checked by reviewing any modification in the normal amount of the biomarker. A tumor marker, like a biomarker, is an unsurprisingly occurring substance in the body. A tumor marker is a material found in the blood, urine, or a body tissue. The word "tumor markers" can be mentioned to as proteins that are made by both the vigorous cells and the cancer cells in the body. It may also be mentioned to mutations, changes, or patterns in the tumor's DNA. Tumor markers are also named biomarkers.

According to the report analysis, ‘Global Tumor Marker Industry Research Report 2021 Segmented by Major Market Players, Types, Applications and Countries Forecast to 2027’ states that Abbott, Siemens, Alere, Johnson, BD, Nova and many more are the key companies which presently working in the global tumor marker market more efficiently for keep maintaining the governing position, obtaining the competitive edge, leading the highest market growth, ruling around the globe, registering the great value of value share and generating the highest percentage of revenue by establishing the several research and development programs, increasing the features and benefits of tumor marker, spreading the awareness connected to the applications and advantages of tumor marker, implementing the policies of profit making and strategies of expansion, analysing the strategies and policies of government as well as contenders, delivering the better customer satisfaction, decreasing the associated prices of such and improving the qualitative and quantitative measures of such.

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The complete tumor marker testing market is observing a remarkable growth due to the growing rate of incidence of cancer and other non-communicable disorders. Moreover, augmenting the geriatric population will further fuel the increasing requirement for tumor assays and novel cancer therapeutics around the globe. In addition, the trends show that the global tumor marker testing market could potentially be a profitable field showing continued enlargement owing to the spiraling implementation rate of diagnostic services and technologies that are more improved than the previous ones.

With the technological breakthroughs on the cards, projections show that this market will create the abundant opportunities for detecting targeted tumors, monitoring cellular response and for the determining genetic predisposition. Furthermore, augmented focus on retaining greater quality of life is some of the factors underwriting in the growth of this market. However, an augment in the complete healthcare spending, rigid and, in some cases, unfavorable, reimbursement policies, and the high cost of developing new technologies are some of the aspects that might act in the opposite direction of the growth of the tumor marker testing market. Therefore, it is predicted that during the near period the market of tumor maker will augment more proficiently around the globe over the review period.

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Global Tumor Marker Market: Ken Research

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Future Outlook of North America PaaS Industry: Ken Research

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What Is the Size of North America PaaS Industry?

North America PaaS market is growing at a CAGR of ~% in 2017-2021B and is expected to reach ~USD Bn by 2027F. The growth of PaaS market in North America is driven by switching to a PaaS model based on the cloud, the cost of servers, software, hardware, middleware, and related network equipment is much lower, which lowers CAPEX. The adoption of the PaaS model is driven by several cost advantages.

By using the newest technology, enterprises are concentrating on lowering its CAPEX. Due to its ability to directly work in a platform provided by the cloud providers as and when necessary, PaaS solutions have seen a surge in investments.

Businesses' technology environments are evolving quickly, including how infrastructure is constructed and maintained, as well as how software applications are produced and delivered. Time to Market (TTM) refers to how long it takes a company to bring a product or feature to market; it is an important aspect in determining an organization's performance, along with product development costs.

The mobile ecosystem is rapidly expanding, and app development is emerging as a critical component powering its expansion. The creation of corporate mobile apps is becoming a primary concern for corporations as digital firm’s flourish. The COVID-19 outbreak has caused a surge in demand for several mobile applications.

North America PaaS Market

North America PaaS Market by Deployment Type

The Hybrid segment in the North America PaaS market is growing at a CAGR of ~% in 2017-2021 and is expected to reach ~USD Bn by 2027F. In 2022, public cloud deployments will obtain 29% of budgets, in-house private cloud deployments will obtain 13%, and hosted private cloud deployments will obtain 15%. The budgetary goals confirm that Canadian businesses understand that hybrid clouds are the way of the future.

Products from the majority of public cloud providers are making the idea of distributed cloud computing more tangible. They are making it easy to move workloads from one cloud deployment style to another.

North America PaaS Market by Type

The Database as a Service (DBPaaS) market is growing at a fastest CAGR of ~% in 2017-2021 and is expected to reach ~USD Bn by 2027F. Real-time data access and cloud storage data are driving the growth of DBPaaS among the end-user industries. Healthcare, Media and Telecommunications, Banking, Financial Services, and Insurance require an ample amount of database storage. AIPaaS is likely to gain a market share by 2027 because of increasing investments in AI technologies such as machine learning (ML), deep learning (DL), and natural language processing (NLP).

North America PaaS Market by Enterprises Type

The SME segment in the North America PaaS market is growing at the highest CAGR of ~% in 2017-2021 and is expected to reach ~USD Bn by 2027F. This growth is mainly because SMEs are turning to PaaS providers to broaden their customer reach as they attempt to expand their digital marketing efforts, which is driving up demand for cloud-based services. Many large industries are embracing cloud services because they enable them to fulfil their business objectives at a low cost.

North America PaaS Market by Type of End User Industry

The North America Retail and Consumer Goods Industry is expected to grow at positive CAGR of ~% in 2017-2021 and is expected to reach ~USD Bn by 2027F. Accelerated digitalization has encouraged investment in innovative, promising new technologies and the wide-scale adoption of effective PaaS ecosystems.

Automotive and Transportation is likely to rise in implementation of cloud in new generation vehicles. Tech companies are diversifying into applications and combining a specialized software package for automobiles. Energy and Utility shown gradual rise is because the utility businesses are facing a threat from an increasingly competitive market so it seeks to move to a more digital and cloud-based environment.

Competition Scenario in North America PaaS Market

The Competition is Highly Competitive or Fragmented. There are a few big companies in North American PaaS market that offer a diverse range of products, however they are facing stiff competition from other players who offer a limited range of specialized products. Companies are competing on various parameters such as Partnerships, New Products and offering comprehensive PaaS solutions to all major end user industries.

Key Competitor Profiles

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Major Countries Analysis

Given Below are Example Images of Major Country Analysis slides from the report for Representation Purposes. These Slides Content May Not be Exactly Matching the Focused Market in this Report

What Is the Expected Future Outlook for The Overall PaaS Market in North America?

The revenues generated by PaaS market players in North America are projected to augment to ~ by 2027 from ~ during 2022, registering a robust CAGR of ~ during the same period.

Media and Telecommunication is expected to gain shares during the forecasted period. This is mainly due to the rise in spending on OTT platforms such as Netflix, WhatsApp, YouTube, and many more. Post-Covid, people have started spending more time on this platform which is driving the growth of the PaaS market indirectly as it needs cloud storage and databases to store the data.

With the flexibility to scale up or down at any moment and without extra expenses, PaaS is perfect for the constantly shifting financial dynamics of SMEs. During the forecast period of 2022-2027, the Database as a Service (DBPaaS) Type is expected to witness fastest CAGR of ~ while the Application as a Service (aPaaS) Type is expected to witness slowest growth at ~ CAGR.

Continuous edge-to-cloud data, application protection, and cost savings aided by the Hybrid segment are expected to make it the most preferred choice of product type in the North America PaaS based Market. The mobile ecosystem is rapidly expanding, and app development is emerging as a critical component powering its expansion.

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Key Segments Covered in North America PaaS Market

North America PaaS Market by Deployment Type

Public Cloud

On-Premises

Hybrid Cloud

North America PaaS Market by Solution Type

PaaS for Artificial Intelligence (AIPaaS)

Database as a Service (DBaaS)

Integration Platform as A Service (iPaaS)

Application as a Service (aPaas)

Business Analytics (BaPaaS)

Application Development (ADPaaS)

Others

North America PaaS Market by Enterprises Type

Large Enterprises

SMEs

North America PaaS Market by Type of End User Industry

Banking, Financial Services, and Insurance (BFSI)

Retail & Consumer Goods

Media and Telecommunication

IT and ITeS

Healthcare

Energy and Utility

Automotive and Transportation

Others

North America PaaS Market by Geography and Major Countries: -

USA

Canada

Mexico

Key Target Audience: -

Commercial Platform as a Service (PaaS) Solutions Providers

Enterprise Software Solutions Providers

Enterprise Software Service Providers

Enterprise Cloud Infrastructure and Solution Providers

Enterprise Software Systems Developers & Integrators

Enterprise Software Solutions User Interface (UI/UX) Design Providers

Enterprise Software Solutions Operating System (OS) Providers

Enterprise Software Solutions Distributors

Cloud Infrastructure Providers

Cloud Software Solutions Developers

Cloud Software Solutions Distributors

Allied/Auxiliary industries for PaaS Solutions

Middleware Software Providers for PaaS

Potential Investors in PaaS Solutions Segment

IT and ITES Industry Associations

Ministries of Information Technology Services

Ministries of Communication Technology Services

Time Period Captured in the Report: -

Historical Period: 2017-2021

Forecast Period: 2022-2027F

Companies Mentioned: -

Key Competitors in North America PaaS Market

Amazon Web Services (AWS)

Google Cloud

Microsoft

AT&T Inc.

Dell Technologies, Inc.

IBM

Oracle

HPE

VMware Inc.

Salesforce

Mendix

SAP SE

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Emerging PaaS Companies in North America Mentioned in the Report: -

Outsystems

IntelePeer

Nodejitsu Inc.

ActiveState

Cloud Connectors

Fintelics Technology Inc.

Hexagon Data

Technogi

Gogiro

OneCloud

MCM Telecom

Key Topics Covered in the Report: -

Snapshot of North America PaaS Market

Industry Value Chain and Ecosystem Analysis

Market size and Segmentation of North America PaaS Market

Historic Growth of Overall North America PaaS Market and Segments

Competition Scenario of the Market and Key Developments of Competitors

Porter’s 5 Forces Analysis of North America PaaS Industry

Overview, Product Offerings, and SWOT Analysis of All the Key Competitors

COVID-19 Impact on the Overall North America PaaS Market

Future Market Forecast and Growth Rates of the Total North America PaaS Market and by Segments

Market Size of End User Industries with Historical CAGR and Future Forecasts

Analysis of North America PaaS Market in Major North American Countries

Major Production / Consumption Hubs in the Major Countries

Major Production/Supply and Consumption/Demand Hubs in Each Major Country

Major Country-wise Historic and Future Market Growth Rates of the Total Market and Segments

Overview of Notable Emerging North America PaaS Companies within Each Major Country

For More Information on the research report, refer to below link: -

North America Platform as a Service (PaaS) Market

Related Reports: -

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UAE Data Center and Cloud Services Market Outlook to 2026F – Driven by Rapid Digital Penetration along with Increasing Investments to meet the Rising Demand for Data Storage and Cloud Services

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Ken Research
Ankur Gupta, Head Marketing & Communications
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Consumer Net Promoter Score Annual Report Help You Out Why Customer Feels Negative: Ken Research

Net Promoter Score Overview

The Net Promoter Score is a measurement of recommendation of your brand’s service of product on the scale between -100 to 100. Supreme and Positive scores indicate the positive affect for the service or product, while lower scores or negative indicate the negative effect.

Net Promoter score is the standard product KPI (key performance indicator) to measure for your business. Net Promoter Score differs from other connected benchmarks, likewise the customer satisfaction score, by indicating the client’s general sentiment about the brand as divergent to their viewpoint on the specific purchases or interactions.

Moreover, at Ken Research, consumer net promoter score annual is a standard benchmark utilized by the companies around the globe. This makes it a good tactic for businesses to gauge their performance as associated to their competitors.

Breakdown of NPS Promoter, Passives and Detractors

The consumer net promoter score annual report can tell you a lot about their discernment of the organization, how they feel and if your experience met their requirements.

Promoters are typically loyal and passionate customers. They are most probable to be ‘brand ambassadors’ by sharing positive online reviews, getting employed on social media and commending the product or service with their friends.
Passives are satisfied with your service but not pleased enough to be measured promoters.
Detractors are unfortunate customers who are improbable to buy from you again, and may even dishearten others from purchasing from you. Their loyalty to the brand is so low, that it’s probable they may end the relationship soon, posing the highest risk of ‘churn’.

Why calculate Net promoter score?

The NPS methodology is principally intended to measure customer loyalty to a company or brand - in other words, how probable they are to buy again, function as a brand ambassador and struggle pressure to imperfection. This last point can also be articulated as “churn rate” - that is, the likelihood of them abandoning a subscription or not repurchasing. This is imperative because it is cheaper to retain a customer than obtain a new one.

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Easy to use: You don’t require to be a trained statistician to administer an online NPS poll. In alike vein, the survey is spontaneous and simple for clients to complete. You can send it to them via email or involve it on your website as a pop-up after a transaction. The formula can be measured with the basic spreadsheet.
Easier benchmarking: NPS of Ken Research is a standard metric utilized by companies around the globe. As such, it lets you place your score in the context of other scores in your industry and see how you measure up. NPS is also perfect for showcasing to senior management as a big-image snapshot of client loyalty at the given moment.
Closing the feedback loop: The net promoter system provides companies a chance to “close the loop” - that is, to go vertical and collect more information from respondents. It also provides them chance to transform a negative impression. Since an NPS survey only takes a minute of a client’s time, it’s relatively informal to get them to employ.

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Fitness App Market Growth is grown by Increase in Growing Chronic Disease: Ken Research

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Fitness applications are mainly utilized to monitor and record fitness-related physical activities, for example, distance walked, steps taken, heartbeat monitoring, sleep duration, and several others. The wireless connectivity medium is engaged for the connection of these devices with computers or smartphones. The innovations in technologies and advancement are predicted to boost market growth in the forthcoming period.

According to the report analysis, ‘Fitness App Market: Current Analysis and Forecast (2021-2027)’ states that with the growing number of working professionals and the issued faced by consumers owing to their hectic schedules and long working hours, several of the consumers are actively implementing the home workout routines which in turn is fostering the market growth. Also, the augmenting trends of home workouts are delivering a boost to fitness app market as more customers are spending on these products for the exercise & Weight Loss tracking, Activity Tracking etc.,

Augment in the global burden of individuals suffering from chronic diseases involving cancer, heart diseases, and diabetes that has inclined individuals to adopt a healthy lifestyle which will propel the global market of fitness app market. In addition, fitness app is obtaining the huge popularity among fitness enthusiasts owing to the augmenting trend of bodybuilding which in turn is boosting the market growth. However, some of the limits in the market include the several alternatives available for fitness applications.

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The market for the Fitness app is augmenting on account of the growing trend of wearable technology amongst young youth, rise in awareness of health consciousness, growth in IoT trend, high preference in old age individuals. Moreover, the growing disposable income leads to high buying power which boosts the market growth. However, some of the limitations in the market are Safety & Privacy Concerns and high costs.

Based on the type, the market is classified into Workout and Exercise Apps, Disease Management, Lifestyle Management, Nutrition and Diet, Medication Adherence and Others. The Workout and Exercise Apps sector captured XX% market share in the Fitness App Market during 2020 and registered the market. Moreover, the market would witness a sharp increase in the forthcoming years due to the surging awareness among clients. However, the lifestyle management segment would observe sky-rocked growth during the forecast period of 2021-2027F.

For a better understanding of the market acceptance of the Fitness App Market, the market is analyzed based on its global presence in the countries such as North America (the United States and Canada), Europe (Germany, France, Italy, Spain, United Kingdom, and Rest of Europe), Asia-Pacific (China, Japan, India, Australia, South Korea and Rest of APAC), and Rest of World. North America constitutes a foremost market for the Fitness App industry and generated revenue of USD XX Million in 2020 owing to the increase in the growing chronic disease among consumers. Therefore, it is predicted that during the near period the market of fitness app will augment more proficiently around the globe over the review period.

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Global Fitness App Market: Ken Research

Related Reports:-

Global Fitness Application Market 2019 by Company, Regions, Type and Application, Forecast to 2024

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Go To Market Strategy Framework Help You Diversify Your Revenue: Ken Research

Go-to-Market Strategy Overview

A go-to-market strategy or GTM strategy is a detailed plan that incorporates a target audience, a marketing plan, and a sales strategies and enabled brands to launch their new solutions efficaciously to the market. It serves companies as a roadmap, assists them evaluate the chances of the product accomplishment, and reviews future performance with the assistance of available data and market research.

Determination of Digital Go to market strategy

No two markets or products are exactly the similar, and a digital go to market strategy confirms that you have a detailed roadmap to assist execute an efficacious new product launch. Without a go-to-market strategy, you could aim on the incorrect target client or audience of bring your product into the market that’s already oversaturated. An effective go-to-market strategy deducts your chances of wasting worthful time, resources and money on the failed product launch.

Go to market strategy framework at Ken Research

The GTM strategy framework entails few steps and several go to market strategy case study that will deliver you with a deeper understanding of target market, product-market fit, your industry, competition, distribution and demand. The strategy convers a lot of information that will safeguard you from mistakes while bringing the product to the market or mastering the new market sector.

Recognise the target buyer and market personas: Every great product launches solve a precise issue. Understanding and recognizing the target buyer and market personas is essential to obtain a competitive advantage and make sure you are launching the right product to the target clients or buyers.
Research the demand: Once you have defined the target buyer and personas, you require to clarify their issues and whether your service of product would fit the requirements. At this, you should consider your product worth and your buyer personas’ pain points, which they face daily. It is important to learn what the target audience or buyer likes and disliked about the prevailing products.
Advance your messaging: Messaging is a set of foremost points your company utilizes to talk about itself and the value you deliver to clients. Messaging is aimed on what and how you interconnect about your company, product, or service. It will become the basis for several marketing materials, likewise slogans, press releases, social media posts, presentations, and many more.
Comprehend the client’s journey: The buyer’s journey assists estimate your customer’s behavior and the number of stages throughout the purchase procedure. Consider the customer’s journey from the buyer’s perspective and your company’s viewpoint.
Outline the pricing strategy: The pricing might present the idea that your product is special and, accordingly, it would be more luxurious. To set a reasonable price, Ken Research take into account the requirements of your buyer personas to understand whether it fits their objectives.
Generate the external Marketing plan: This stage refuges branding, lead generation, content creation, events, website, PR, and advertising. Once the potential purchaser gets interested in the product, it is time to continue to the next stage and deliver the educational materials or free trials to inspire them to make a decision.
Introduce Content: Content marketing is a very operative tool to motivate your customers to purchase and turn one-time shoppers into faithful buyers. The content educates the clients about the issues you solve and augments the brand awareness. Therefore, it would augment your traffic and boost sales.
Define the success metrics: The success metrics of Ken Research help predict whether you are reaching your objectives. While selecting the appropriate metric, we keep in mind the metrics align with the company’s strategy, the problems of calculations and the time required to analyse the outcomes.

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Global Bike and Accessories Market Growth is Driven by Presence of Giant Market Players: Ken Research

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According to the report analysis, ‘Global Bike and Accessories Market Report 2020 by Key Players, Types, Applications, Countries, Market Size, Forecast to 2026 (Based on 2020 COVID-19 Worldwide Spread)’ states that Eastman Industries Limited, Merida, Giant Bicycles, SRAM, MERIDA, Prowheel, Trek Bicycles, DT SWISS, Fox Factory Holding, Dorel Industries, Colnago, HL CORP, Accell Group, Shimano, Campagnolo, Dorel Industries and many more are the key companies which presently operating in the global bike and accessories market more proficiently for keep maintaining the governing position, obtaining the competitive edge, registering the great value of market share, ruling around the globe, and generating the highest percentage of revenue by analysing the strategies and policies of government as well as contenders, implementing the policies of profit making and strategies of expansion, increasing the features and benefits of bike and accessories, delivering the better customer satisfaction, spreading the awareness connected to the applications and advantages of bike and accessories, improving the qualitative and quantitative measures of such, decreasing the associated prices of such, and establishing the several research and development programs.

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The leading vendors functioning in the global bike and accessories market have tapped into the needs and requirements of the masses. Some of the riders around the long treks, through woods and wild tracks. This makes it essential for them to equip their bike with premium assist accessories for tyres and seats. The quest of the market players to stay congruent with the requirements of bikers shall aid market enlargement. In addition, foremost companies are contributing aggressively; launching new products; introducing new services, such as home delivery of high-end bicycles, after-sales assistance, and maintenance; and pricing their products and services competitively as portion of the efforts to recollect their competitiveness.

The usage of several bike accessories has augmented in recent times since, with the growth in the usage of the bike for trekking and recreational activities. Several individuals and groups have started taking biking expeditions to tough mountain ranges. Moreover, the acceptance of such expeditions has led individuals to travel to dissimilar countries to experience the thrill of riding bikes across tough roads.

On the basis of types, the bike and accessories market is segmented into bike, rear bike light, frame & forks parts, wheel parts, steering components and several others.

Asia-Pacific is predicted to be the dominant market in terms of revenue & volumes and the growing requirement for energy efficient bike driven is projected to obtain the popularity over the next decade in countries such as China, South Korea and India. China has the greatest growth rate of the global bike and accessories market due to explosive sales of E-Bike.

Furthermore, Western Europe augments the market with sluggish growth rate around the world. North American E-bike accessories market was moderately sluggish, mainly owing to lower selling gasoline prices. Moreover, countless lower-priced models of bikes were outdated as brands in the market transition toward greater-quality products.

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Global Bike and Accessories Market: Ken Research

Related Reports:-

Global Bike Accessories Market Research Report with Opportunities and Strategies to Boost Growth- COVID-19 Impact and Recovery

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