3 Key Insights on ~US$ 15 Bn Opportunity in the Global Brain Health Supplements Market: Ken Research

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The widespread recognition and acceptance of supplements, and shift in consumer preference to improve brain health to boost attention and focus, create tremendous market opportunities for the Global Brain Health Supplements Market which is forecasted to Cross ~US$ 15 Bn by 2028 says Ken Research Study.

Brain health supplements assist improve brain function such as focus, reduce stress, prevent anxiety, dementia, and depression, and improve human memory, encourage good attitudes and thought processes, make people enthusiastic, and improve such key areas of human functioning.

Ken Research shares 3 key insights on this high-opportunity market from its latest research study.

1. Product Innovation, Marketing Tactics, and Endorsements are Becoming More Widespread to Spur Market Expansion.

The market continues to expand as a result of a boost in product innovations and gaining widespread awareness of healthy lifestyles. Product safety, nutritive value, and brand familiarity are a few factors that influence consumers' purchase decisions. Making consumers aware of the advantages of supplements based on brain health through a variety of media, including print and electronic, is also likely to influence their purchasing choices. Docosahexaenoic acid (DHA), vitamin D, vitamin B12, antioxidants, vinpocetine, and bacopa monnieri are among the main ingredients utilized in brain health supplements.

According to Ken Research estimates, the Global Brain Health Supplements Market – valued at around ~US$ 5 billion in 2017 and estimated to reach nearly ~US$ 8 billion by 2022 – is further expected to grow to around ~US$ 15 billion opportunity by 2028.

2. Rise in Consumer Awareness of The Benefits of Taking Supplements for Brain Health Drives Market Growth.

The boost in the utilization of herbal and natural products is being accompanied by a rise in consumer concern over issues related to brain health, such as memory improvement, alertness, and creativity. This is expanding the market for substances that promote brain health. Growing consumer awareness of supplements for brain health is another factor driving market expansion. Furthermore, vitamins and nutritional benefits included in brain health supplements help with stress reduction, improved attention, mood elevation, memory improvement, and defense against anxiety, depression, and dementia. Supplements for brain health are a great lifestyle item because of the hectic lifestyle and mental stress of today. Supplements or boosters for brain health are available in a range of formats, including tablets, powders, capsules, and others. Additionally, it is anticipated that the prevalence of brain disorders like Alzheimer's, dementia, and brain tumors would have an impact on the development of this market.

According to World Health Organization, reported in 2021 that with Alzheimer's disease being the most prevalent type and accounting for around 55.2 million instances of dementia worldwide, Alzheimer's disease may account for 60–70% of all dementia cases.

3. Lack of Controls on the Production of Supplements, False Advertising, and Consumer Ignorance of the Product's Availability Restrain Market Expansion.

The market expansion of supplements for brain health is anticipated to be constrained by a number of reasons, such as consumer ignorance about the product's availability. In addition, such products are costly, and people in underdeveloped nations do not view them as absolutely necessary. People all over the world are reluctant to take brain health supplements since many believe them to be a product with a variety of side effects. Another reason is a lack of restrictions on the manufacture of supplements and false claims regarding the usefulness of the product. Manufacturing firms are allowed to advertise their products without seeking regulatory approval, which might result in items with false or misleading claims and undermine consumer confidence in products.

The U.S. Food and Drug Administration (FDA) issued 12 warning letters and 5 online advisory letters to companies in February 2019 for selling more than 58 dietary supplement products illegally and making claims that they could treat, prevent, or cure conditions like Alzheimer's disease as well as other serious illnesses.

According to an estimate by WPP PLC, U.S. political advertising is expected to generate $13 billion in revenue this year, up from $12 billion in 2020.

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

Global Brain Health Supplements Market

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3 Key Insights on Competitive Landscape in the Global Medical Tapes Market: Ken Research

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Regional Players Dominate the Market Holding ~50% Revenue Share Despite the Presence of about ~250 Competitors Comprising a Significant Number of Global and Country-Niche players, finds a recent market study on the Global Medical Tapes Market.

Medical tapes facilitate dressings in cases of wounds, injuries, and surgeries. While there are varieties of medical tapes available in the market, including adhesive tapes, elastic tapes, silicone tapes, paper tapes, and silk cloth tapes, the selection of medical tapes depends on a range of skin-related factors, including its age and integrity, oiliness, or sensitivity to specific adhesives. Tapes that come in a single-use format, with paper or cloth as its base ingredient, help reduce cross-contamination, infection, and waste.

Ken Research shares 3 key insights on the competitive landscape of this dynamic market from its latest research study.

Global Players Constitute ~10% of the Total Number of Competitors, While Country Niche Players Dominate Representing ~55% of Total Competitors.

A comprehensive competitive analysis conducted during the Research Study found that the Global Medical Tapes Market is distributed among ~250 players, including globally diversified players, regional players, and country-niche players with expertise in offering tapes that suit the need of specific skin types or meet the demand for a specific region or application subcategory. Some global players, expected to retain their leadership in the market during the forecast period, include 3M, Johnson and Johnson, Paul Hartmann, Scapa Group Plc, Ad Tape & Label, Medtronic, Avery Dennison Corporation, Nichiban Co. Ltd., Nitto Denko Corporation, and Smith and Nephew.

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Innovation and Advanced Product Launches Drive the Major Players in Formulating their Key Strategy

Detailed comparative analysis of key competitors available within the Research Study shows that many companies such as Avery Dennison, 3M, and more, are focused on providing advanced solutions that can be used to cater to a range of patient needs. Many companies and organizations are investing in expanding their product lines through innovation to have a strong foothold in the market.

• In March 2022, Cardinal Healthcare, Inc., one of the leading American multinational healthcare companies, launched the first surgical incise drapes using industry-leading antiseptic Chlorhexidine Gluconate (CHG). To produce this product, Cardinal leveraged Avery Dennison’s patented BeneHold™ CHG adhesive technology. Avery Dennison is a leading player in the Global Medical Tapes Market and its patented adhesive technology helps reduce the risk of surgical site contamination.
• In April 2021, 3M launched a new product line of single-coated medical film tape with Hi-Tack silicone adhesive tape on the liner. With this new silicone adhesive, the company attempted to meet the need for medical devices that are meant for fragile-skinned people. The product was expected to minimize skin cell removal and allow seven days of wear time.

Increasing Government Regulations, and Investments propelling the growth of the Digital Signage Market

• In July 2021, the United States government published a document on the National Strategy for a Resilient Public Health Supply Chain. The strategy was intended to improve the agility of the supply chain by initiating stronger partnerships with the global community and rapidly scaling up production as and where possible.
• In March 2022, the Government of India, a significantly large market for Medical Disposables and Consumables, released its Draft National Medical Devices Policy 2022 for consultation. The medical devices sector in India comprises consumables and disposables, along with electronics equipment, implants, IVD reagents, and surgical instruments. The strategy aims at improving accessibility, affordability, safety, and quality in the medical devices sector, with a focus on self-sustainability, innovation, and growth.

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

Global Medical Tapes Market Size, Segments, Outlook, and Revenue Forecast 2022-2028: Ken Research

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Saudi Arabia’s huge surge in recent times with respect to digital transactions, serving as one of the major factors leading to rise of digital credit lending such as that of BNPL in the country: Ken Research

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Increasing number of BNPL Players and its customer base: In just one year, the Middle East region has witnessed an upsurge in the number of companies offering BNPL solutions. With so much action happening on the BNPL ground, its user base is making equally big strides. A major chunk of Saudi Arabian consumers has used BNPL payment methods such as Tamara in 2021 when compared to previous years, with more customers exploring the BNPL services.

Inception of digital economy: Saudi Arabia has witnessed a huge surge in recent times with respect to digital transactions, serving as one of the major factors leading to rise of digital credit. With e-commerce growing at 2.5 times faster than before the pandemic coupled with the fact that BNPL giants have witnessed immense adoption within retail and the wider community is a major growth driver for BNPL industry.

Credit recovery and overspending:  BNPL service issuers Horne a risk of not being able to recover loan amounts that consumers fail to pay on time. There is a huge risk of overspending anywhere from 10%-40% more on purchases, as these purchases are easier to make. That's where BNPL might start to resemble credit cards.

Government regulations: BNPL approved in SAMA's Regulatory Sandbox comes as part of SAMA's endeavor to support e-commerce, increase the level of financial inclusion, in addition to promoting and diversify the financial services offered within the financial sector, Amid the growing adoption of BNPL products in Saudi Arabia, the Saudi Arabian central bank has made it mandatory for all (BNPL) firms to get a permit. Failing to get a permit from the central bank in Saudi Arabia will lead to legal actions.

Myriad of Merchant On boarding: BNPL players are currently in the process of on boarding a huge chunk of merchants in order to increase their presence in the region. Cashew Payments has recently partnered with health and wellness players as there is a huge chunk of Emirati youth ready to spend their money in this space. Key Target audience is between 24 to 35 and 35 to 45 but essentially the largest chunk is between 24 to 36. This is perhaps the reason why the industry is booming here because a lot of young people live to shop and shop to live so and of course the need for a credit check because essentially the credit card is not very easily granted.

Spike in Global investors: Since TAMARA's launch in September 2020, there has been a radical change in the mind-set of global investors towards the region as compared to before.  Investors are now more and more open to investing in the region which has led to a spike in global investor interest from Venture Capital (VC) to Private Equity (PE) firms to investment banks.

The report “KSA Buy Now Pay Later Market Outlook to 2027- Driven by digitalization, government support as a part of Saudi vision 2030 increasing Genz & millennials population due to influx of expatriates coupled with shifting preference towards easy interest free extra credit line sources” by Ken Research provides a comprehensive analysis of the potential of Buy Now Pay Later Industry in Saudi Arabia. The report also covers overview and genesis of the industry, market size in terms of revenue generated; market segmentation by types of services, by end users, by revenue division on the basis of Number of Transactions, on the basis of Number of Transactions, by Age Group of Consumers; growth enablers and drivers, challenges and bottlenecks, trends driving adoption of digital innovation; regulatory framework; end user analysis, industry analysis, competitive landscape including competition scenario, market shares of major players. The report concludes with future market projections of each product segmentation and analyst recommendations.

Key Segments Covered in KSA BNPL Market:-

Market Size of Buy Now Pay Later in KSA

on the basis of Revenue, 2019-2022P

on the basis of Number of Transactions, 2019-2022P

on the basis of Average Order Value, 2019-2022P

Market Segmentation By mode of payment

Online

Offline

Market Segmentation By end user

Ecommerce Giants

Physical Retailers

Travel and entertainment Merchants

Food Merchants

Market Segmentation By age group:

Below 24

24-36

36-50

Above 50

Key Target Audience:-

Bankers and associations

Government associations

Corporates

Investment firms

Government Bodies & Regulating Authorities

Fintech companies

Venture capitalists

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Time Period Captured in the Report:-

Historical Year: 2019-2021

Base Year: 2022

Forecast Period: 2023– 2027F

Companies Covered:-

Tabby

Spotii

Tamara

Cashew

PostPay

Key Topics Covered in the Report:-

BNPL Industry positioning

Socio demographic Outlook of Saudi Arabia

Economic Landscape and Expatriate Population of Saudi Arabia

Overview of Global BNPL Industry

Presence of Global BNPL Players

Disruptors of Credit card Globally

Case Studies of Leading Global BNPL Providers

Trends of BPNL Industry

Market size of BPNL

BNPL transaction process

Key Features and developments in KSA BPNL

Ecosystem of Major Entities in Buy Now Pay Later Industry in KSA

SWOT Analysis of KSA BNPL

Issues and Challenges in KSA BNPL

Investment Analysis of players in BNPL Space

Role of Government and regulations in KSA BNPL

Porter’s Five force Analysis in KSA BPNL

Market Size of Buy Now Pay Later in KSA on the basis of Revenue,  Number of Transactions and Average Order Value, 2019-2022P

Market Segmentation by mode of payment, by end user, and by age group

Future Market Size of Buy Now Pay Later in KSA on the basis of Revenue

Future Market Segmentation by Mode of Payments, by end user and by age group

Future Market Size of BNPL in KSA

Industry Speaks

Analyst Recommendations

Research Methodology

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

KSA Buy Now Pay Later Market

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UAE Buy Now Pay Later Industry Outlook to 2027: Driven by adoption of cashless society, increasing Genz & millennials population coupled with shifting preference towards easy interest free extra credit line sources

South Africa Buy Now Pay Later Market Outlook to 2027F– Driven by digitalization, government support, increasing working age population, with upsurge in Gen-Z & millennials population coupled with shifting preference towards easy interest free extra credit line sources

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Ankur Gupta, Head Marketing & Communications
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Global Amino Acids Market: Ken Research

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Global Players Dominate the Market Holding nearly 40% of Revenue Share Despite the Presence of about 200 Competitors Comprising Several Regional Players, and Many Country-Niche Players, finds a recent market study on the Global Amino Acids Market by Ken Research

Amino acids are the building blocks of protein and play a vital role in the human body. They are organic compounds involved in several chemicals and biological functions in the human body including the synthesis of hormones, the building of proteins, and others. Amino acids are essential for the proper growth and development of living beings.

Ken Research shares 3 key insights on the competitive landscape of this dynamic market from its latest research study.

1. Country-niche Players Constitute ~60% of the Total Number of Competitors and Hold ~25% of the Total Market Revenue

A comprehensive competitive analysis conducted during the Research Study found that the Global Amino Acids Market is highly competitive with ~200 players which include globally diversified players, regional players as well as a large number of country-niche players who have their niche in Amino Acids. The global players comprise ~15% in terms of the number of companies and hold about 40% of the market revenue share. Most of the country-niche players are strategizing to secure high quality and stable supply of raw materials for amino acids.

2. Leading Global Players Investing Heavily to Expand their Production Facility

Detailed comparative analysis of key competitors available within The Research Study shows that key players such as Evonik Industries AG, KYOWA HAKKO BIO CO., LTD., and ADM among others are highly focused on strategic developments including expansion, product launch, and other to fulfill the growing demand for amino acids among various industries.

Furthermore, several companies are focusing on producing high-value or quality amino acids and procuring high-quality raw materials to hold their customers for longer. The companies are investing to expand their manufacturing facilities to double production, which is expected to fulfill the demand of end users.

• In August 2022, CJ CHEILJEDANG CORP., a food and bio giant based in Korea, invested US$210 million to expand its amino acid manufacturing facility in Brazil. The expansion aims to produce high-value-added amino acids.

3. Increased Government and Manufacturers’ Initiatives Promote Amino Acids Growth and Development

• In January 2022, Bayer AG launched an innovative amino acid biostimulant Ambition for the Chinese market. The product is a naturally-existing substance that can stimulate the natural activity of plants and hence can be used widely in oraganic farming. The novel product launched by the company aimed to benefit farmers’ harvesting, soil protection, and consumer safety as the product enhances the growth of crops and also offers stress resistance properties which lead to high yield and quantity of the crop.
• In May 2018, the Madhya Pradesh government started the initiative of producing amino acids from human hair to provide it to the farmer as an organic fertilizer at one-third of the market price. The NGO Sarthak and Madhya Pradesh environment department aimed to set up plants for amino acid growth promoters in Bhopal, Indore, Jabalpur, and Gwalior. The government supported the innovative idea in both technical and financial terms. In addition, human hair is a great source of protein as it is estimated that around 1 kg of hair can produce 20 liters of amino acids.

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

Global Amino Acids Market Size, Segments, Outlook, and Revenue Forecast 2022-2028: Ken Research

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3 Key Insights on US$ 42 Bn Opportunity in Global Amino Acids Market: Ken Research

 Driven by surging demand for amino acids as an ingredient in various industries such as food & beverages, pharmaceutical, dietary supplements, animal feed, and others along with rising awareness regarding the health benefits of amino acids among consumers, the Global Amino Acids Market is Forecasted to reach nearly US$ 42 Bn by 2028 says Ken Research Study.

Amino acids are the building blocks of protein and play a vital role in the human body. They are categorized into essential, non-essential, and conditionally essential, based on different factors. They are widely used in various industries namely food & beverages, animal feed, dietary supplements, cosmetics, and others.

Ken Research shares 3 key insights on this high-opportunity market from its latest research study.

1. Growing Popularity of Amino Acids in Various Industries Encourage Market Growth

Amino acids are widely used to cure ailments such as premenstrual dysphoric disorder (PMDD), sleep difficulties, depression, attention deficit hyperactivity disorder (ADHD), phenylketonuria, chronic fatigue syndrome, narcolepsy, treat muscle soreness, sprain, and others.

Amino acids are gaining popularity to treat various illnesses, which is increasing their demand in different industries and thus, propelling the growth of the global amino acids market. The adoption of new biotechnological methods like genetic and metabolic engineering for the efficient production of high-value amino acids is expected to create immense opportunities for the growth of the amino acids market globally. However, stringent government regulations for products containing amino acids may impede the growth of the market.

According to Ken Research estimates, the Global Amino Acids Market – valued at around US$ 20 Bn in 2017 and estimated to reach nearly US$ 28 Bn by 2022 – is expected to grow to around US$ 42 Bn opportunity by 2028.

2. Surging Demand for Amino Acids in Animal Feed Formulation is Driving the Market Growth

The growing demand for amino acids among animal feed manufacturers to promote reproduction, growth performance, fulfill the protein requirement in animals, and others are expected to bolster the growth of the global amino acids market. The deficiency in any amino acids will result in the slow growth of animals, delay in maturity, reduced immune or metabolic response, low body weight, health problems, and others.

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Thus, amino acids are gaining importance in the formulation of animal feed. In addition, the increasing consumption and demand for meat products coupled with growing livestock production are ultimately boosting the demand for amino acids in the animal feed industry.

The below graph depicts the increased production of meat globally.

3. Stringent Government Regulations Over Products Containing Amino Acids is the Most Significant Barrier to the Growth of the Market.

Governmental bodies lay down stringent regulations on products containing amino acids as an ingredient to ensure the safe nutritional value of the product, which may hamper the growth of the Global Amino Acids Market. Amino acids affect the physical and mental performance of the living being due to which their use in food & beverage products, dietary supplements, pharmaceuticals, and others is regulated for risk assessment. In addition, governmental bodies have also set standards on purity, ingredient quality, and capacity for each industry to avoid any health-related complications.

• European Union laid down the REACH regulations that state that the amino acids that are not used in food or medical preparation must comply with REACH requirements. The requirements are based on enabling data sharing to reduce research and regulatory cost and on the tonnage of substance.

The below graph depicts the estimated greenhouse gas emission to produce 13g of essential amino acids from the raw materials.

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

Global Amino Acids Market Size, Segments, Outlook, and Revenue Forecast 2022-2028: Ken Research

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Increase in smartphone and internet penetration, Government support, covid-19 pandemic, and low cost of infrastructure is expected to drive Malaysia Online Insurance Industry: Ken Research

Malaysia Online Insurance Industry Overview:

Increasing Internet and Smartphone penetration, low infrastructural cost and covid-19 pandemic have collectively influenced the demand of Online Insurance users in the country. Players in Insurance industry are aiming to provide online services to cater the untapped and under exploited market.

Medical inflation is increasing at more than 10% since 2015, leading to increasing demand for health insurance providers. Covid-19 also plunged the demand and penetration in the health insurance segment with double digit CAGR seen from 2019 to 2020, the highest increase in over the past 5 years. Malaysia’s life insurance industry underwent digitization because of the COVID-19 epidemic. The restrictive measures imposed in Malaysia provided an opportunity for insurers to switch to a digital mode of operations.

Motor Vehicle registration is growing at a constant rate, with more than 50 products launched in the market in 2019. This has increased the need for motor vehicle insurance providers in Malaysia.

Travel Insurance constitutes very high proportion in the online insurance segment, with Most of the travel insurance are sold online along with the travel packages or bookings. Online travel agencies tie up with companies to provide insurance for their users. Huge investment are made in insurtech companies with technological advancement in the form of automation and personalization, dominated the insurance landscape.

Increasing mobile penetration gave high upside potential to the online insurance market with Malaysia having 89% internet users in 2020, and growing at a CAGR of 5% since 2016 showing opportunity for business to divest in online insurance segment. Multiple marketing and business strategies are implemented involving cutting insurance time from 14 days to 1 hour, thus reducing waiting time for the buyers.

The report titled “Malaysia Online Insurance Market Outlook to 2026F: Driven by a growth in demand for insurance at greater convenience and lesser cost in the country” by Ken Research suggested that the Malaysia Online Insurance market is expected to grow significantly owing to increasing government support and covid-19 pandemic. Covid-19 drive the growth of Insurance Industry with the increase in online users and people’s preference towards avoiding physical contact and substantial increase in the health demand for the users. Instead of a one-size fits-all approach, insurer’s offers personalized or customized insurance products through the digital insurance process, in order to satisfy the needs of all types of clients. Online sales of insurance has removed the intermediary between the firm and the policyholder. This cuts down cost for both the insured as well as the insurer. The convenience and ease of use offered due to shifting of the industry online makes it a preferred choice for people looking to purchase insurance currently. The experience of being able to purchase insurance from the comfort of one’s own home drives them towards online insurance.

Key Segments Covered in Malaysia Online Insurance Industry

Malaysia Online Insurance Market

• By Product type of Insurance basis Gross Premium
• Life Insurance
• Family Takaful
• General Takaful
• General Insurance

• By Product type of General Insurance basis Gross Premium
• Motor Insuranc
• Medical & Health
• Employer’s liability
• Personal accident

• By Type of Entity basis Gross Premium
• Captive Players
• Aggregator Players
• Financial Advisors

• By Region basis Gross Premium
• Penang
• Johar
• Klang Valley & Selangor

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Key Target Audience

• Insurance players
• Online Insurance Captive players
• Online Insurance Aggregators players
• Insurance Technology provider
• Insurance users
• New Entrant in Online Insurance space
• Associated or affiliated Banks with Insurance entities
• Regulatory Bodies for Insurance entities

Time Period Captured in the Report:

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

Emerging Companies in Malaysia Online Insurance Sector

Companies Covered:

Online Insurane Aggregators

• Policy Street
• Bjak
• Qoala

Online Insurance Captive Players

• Liberty Insurance
• Axa Affin Insurance
• eTiQa Insurance
• AIA Malaysia
• Takaful Ikhlas
• Tune Insurance
• Zurich Insurance
• Chubb Insurance
• Allanz Malaysia Berhad
• FWD Takaful

Key Topics Covered in the Report

• Overview of Malaysia Online Insurance Industry
• Startups in Malaysia Online Insurance Sector
• Country Overview of Malaysia Online Insurance Industry
• Malaysia Online Insurance Market Overview and Genesis
• Malaysia Online Insurance Market Segmentations
• Industry Analysis of Malaysia Online Insurance Market
• Snapshot on Online Aggregators in Malaysia
• Competition Analysis of Malaysia Online Insurance Market
• Outlook and Future Projections for Malaysia Online Insurance Market
• Research Methodology

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India Web Insurance Aggregator Outlook To 2024 - Challenging Incumbent Distribution Channels Of Insurance Products

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3 Key Insights on US$ 10 Bn Opportunity in Global Semiconductor Rectifier Market

Driven by Increasing Demand for Smart Grids and the rising government expenses on Modern Power Generation and Distribution Infrastructure, the Global Semiconductor Rectifier Market is Forecasted to Cross $10 Bn by 2028 says Ken Research Study.

A semiconductor rectifier is a part of the electrical system with two leads which allows current to flow exclusively in one direction. The device changes alternating current (AC) to direct current (DC) and is a component of the power supplies used in electrical devices.

Ken Research shares 3 key insights on this high opportunity market from its latest research study.

1. Increasing Demand for Telecommunication Equipment to Propel the Market Growth

According to Research estimates, the Global Semiconductor Rectifier Market – which was valued from around US$ 3 Bn in 2017 to nearly US$ 5 Bn by 2022 – is expected to grow further to more than US$ 10 Bn opportunity by 2028.

Key drivers pushing the growth of the Semiconductor Rectifier Market are the rising electrification trend in automobiles, the increasing number of consumer electronic devices and telecommunication services, and the digitization of the industrial sector.

In addition, rising Internet usage and the use of telecommunications equipment in developing nations like China, Brazil, India, and Japan are creating chances for the expansion of the Semiconductor Rectifier Market in the upcoming years.

2. Increasing Adoption of Semiconductor Rectifier in Smart Grid to Propel the Market Growth

The traditional, centralized electricity supply networks are in the process of being replaced with a "smart grid." This "smart grid" can be thought of as a set of systems or the total of connected mini-grids that have greatly decentralized energy production, storage, and consumption.

The transformation enables more efficient use of an increasing number of renewable energies, replacing the utilization of fossil fuels and nuclear power, even though large-scale power plants remain the major backbone of these networks for the years to come. In addition to power generation and transmission, this transformation will also affect energy storage, communication, and security concerns, making semiconductor rectifiers a dominant and critical component of these new mega-structures in all ranges.

3. Reduced Semiconductor Manufacturing Impacted the market Negatively

The semiconductor industry was compelled to operate at a significantly reduced capacity due to weak demand and COVID safety concerns, which resulted in utilization rates that were historically low. Parallel to this, the semiconductor industry's major customer, the automobile sector, opted to cancel their backlog and burn through both their completed goods inventory as well as their semi-finished inventory in order to construct what they could. It has in turn negatively impacted the Global Semiconductor Rectifier Market.

For More Information, refer to below link:-

Top Companies in Semiconductor Rectifier Industry

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3 Key Insights on Competitive Landscape in Global Semiconductor Rectifier Market: Ken Research

Country-Niche Players and Regional Players constitute ~50% and 35% respectively Despite the Presence of about ~200 Competitors, find a Recent Market Study on Global Semiconductor Rectifier Market

A semiconductor rectifier is a device with two leads that allows current to flow only in one direction. As a part of the electrical system, it changes alternating current (AC) to direct current (DC). It is a component of the power supplies used in electrical devices.

Ken Research shares 3 key insights on this high-opportunity market from its latest research study.

Large Global Players Hold Around 40% of the Market Share Followed by the Regional Players Holding ~35%.

A comprehensive competitive analysis conducted during the Research Study found that the Global Semiconductor Rectifier market is competitive with ~200 players which include globally diversified players, and regional players, as well as a large number of country-niche players having their own niche in semiconductor rectifier advancement for multiple industries.

According to the research, the large global players held the dominant position in the market in 2021, in terms of the market share with about ~40% followed by regional players which account for ~35% of the market share.

Global Players have a Diverse Presence Across Different End-User Industries Promoting Market Growth.

With numerous global corporations and small producers operating their companies through a variety of products and a vast distribution network, the market is considerably competitive by nature. From product manufacturing to final product distribution to multiple places, the enterprises in the sector have a high degree of integration.

Key players have a significant presence in various end-user industries like I.T. and Telecom, Automotive, Consumer Electronics, Power and Utility, and various others. Not just key players but also emerging players are expanding in different industries with semiconductor rectifier products and are also investing in strategies like collaborations and technological development to compete in the industry.

Increased Adoption of Semiconductor Rectifier in Various Parts of the World leading to Major Industry-Wide Developments, Acquisitions, and Deal-Wins

In October 2022, five businesses submitted plans to the government for the establishment of plants to produce electronic chips and displays for an investment of 1.53 billion rupees. IGSS Ventures, Vedanta Foxconn JV, and ISMC have proposed investing US$ 13.6 billion to construct an electronic chip manufacturing base and Rs. 5.6 billion to fund the Semicon India project.

In October 2022, LSCT30PV120B9G, a new generation silicon carbide full bridge with a rectifier module was created by Lakesemi. This new module has a very low on-resistance. Additionally, it has the traits of high-speed switching, low capacitance, and high switching frequency, which contribute to enhancing the equipment's quick response and energy efficiency. As a result, it has many different applications, including switching mode power supplies, motor drives, and UPS.

For More Information, refer to below link:-

Raw Materials Suppliers for Semiconductor Rectifiers

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