Global Amino Acids Market Is Expected To Reach Nearly US$ 42 Billion By 2028: 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.

Amino acids 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.

According to Ken Research Analysis, the Global Amino Acids Market is expected to record a positive CAGR of ~7% during the forecast period (2022-2028) and is expected to reach nearly US$ 42 billion by 2028, owing to the growing demand for functional food products and immunity boosting products.

For more information, request a free sample @ https://www.kenresearch.com/sample-report.php?Frmdetails=NTk2MDQz

Adoption of a healthy lifestyle and increasing consumption of proteins are some of the factors driving the market growth.

• The surge in demand for amino acids in various industries including food and beverages, dietary supplements, and others to fulfill the growing demand for amino acids-rich products that offer functional benefits, is anticipated to augment the growth of the market.
• The increase in health-conscious consumers and rising awareness regarding the benefits of amino acids such as maintaining healthy skin, hair, and nails, boosting immunity, helping in the growth and repair of body tissue, and others are expected to boost the demand for amino acids.

The Global Amino Acids Market faces challenges due to stringent regulations laid by governmental bodies on products containing amino acids.  

• The government has imposed strict regulations on products containing amino acids that may hamper the growth of the Global Amino Acids Market. Additionally, the requirement of significant investment for the storage of amino acids and its products may slow down market growth.

The COVID-19 pandemic negatively impacted the Amino Acids market initially due to the imposed lockdowns, the manufacturing process of amino acids and its product got disturbed which resulted in the disruption of the supply chain. However, due to the spread of the virus, consumers shifted towards the immunity-boosting product which increased the demand for amino acids in the food & beverages industry, nutraceutical industry, pharmaceutical industry, and others.

Key Trends by Market Segment:

By Source: The Plant-Based segment held the largest share of the Global Amino Acids Market in 2021, owing to the increasing preference for naturally sourced products.

• The demand for plant-based ingredients and products is increasing rapidly due to the rise in vegan and vegetarianism, especially in high-income countries, which is expected to fuel the demand for plant-based amino acids.

For more information, request a free sample @ https://www.kenresearch.com/sample-report.php?Frmdetails=NTk2MDQz

By Type: Glutamic Acid segment accounted for the largest share of the Global Amino Acids Market in 2021, due to the increasing demand for glutamic acid products in the animal feed industry.

• L-glutamate or glutamic acid is widely used as a flavor enhancer, nutritional supplement, feed additive, intermediate for manufacturing chemicals, and others, which is increasing its demand in various industries.

By Application: Food and Beverages segment accounted for the largest share of the Global Amino Acids Market in 2021, owing to increasing demand for amino acids in the food and beverages processing industry as nutrition enhancers, flavor enhancers, preservatives, and others.

• The surging demand among consumers for protein-rich, healthy food and beverage products that contain amino acids as ingredients is expected to propel the growth of the segment in the market.

By Geography: Asia-Pacific region accounted for the largest share of the Global Amino Acids Market in 2021, owing to the growing adoption of a healthy lifestyle and nutrition-enriched products among consumers.

• The increasing consumption of processed food and meat coupled with the availability of an abundance of raw material for the production of amino acids coupled with increased consumer spending on immunity-boosting products containing amino acids as an ingredient, is anticipated to augment the growth of the Global Amino Acids Market.

To more regional trends, Ask for a Customization @ https://www.kenresearch.com/ask-customization.php?Frmdetails=NTk2MDQz

Competitive Landscape

The Amino Acids Market is highly competitive with ~200 players that include globally diversified players, regional players as well as a large number of country-niche players having their niche in Amino Acids.

• Country-niche players comprise ~60% of the competitors, while the regional players comprise the second highest, ~25% of the total number of competitors. Some of the major players in the market include Global Bio-chem Technology Group Company Limited, Ajinomoto Co., Inc., Kyowa Hakko Bio Co., Ltd., Amino GmbH, Cargill, Incorporated, Taiwan Amino Acid Co., Ltd., Evonik Industries AG, ADM, Merck KGaA, and Daesang, among others.

The leading amino acids companies such as Evonik Industries AG, KYOWA HAKKO BIO CO., LTD., ADM, and Cargill, Incorporated are highly focused on strategic developments related to amino acids such as product launches, collaboration, acquisition, and others to hold their position in the market.

Recent Developments Related to Major Players

• In September 2020, Evonik Industries AG launched GuanAMINO, a new guanidino acetic acid product (GAA) that is used to enhance energy metabolism in livestock production. The company aimed to fulfill the demand for creatine supplementation in the animal feed industry.
• In February 2020, Amino GmbH invested US$ 35 million to build a new production facility in Germany. The company aimed to double its production to meet the growing demand for amino acids and to increase its supply and availability of amino acids globally. 

Conclusion

The Global Amino Acids Market Size, Segments, Outlook, and Revenue Forecast 2022-2028 is forecasted to continue a moderate growth, primarily driven by the surging demand for amino acids in various industries such as food & beverages, animal feed, nutraceuticals, and others. The rising awareness regarding the health benefits of amino acids along with the increase in health-conscious consumers is expected to increase the demand for immunity-boosting products, which ultimately increase the demand for amino acids. Though the market is highly competitive with ~200 participants, global players control the dominant market share in terms of revenues.

Note: This is an upcoming/planned report, so the figures quoted here for a market size estimate, forecast, growth, segment share, and competitive landscape are based on initial findings and might vary slightly in the actual report. Also, any required customizations can be covered to the best feasible extent for pre-booking clients, and the report delivered within a maximum of two working weeks. 

Market Taxonomy

By Source     

• Plant-Based
• Animal-Based
• Synthetic

By Type         

• Lysine
• Tryptophan
• Methionine
• Threonine
• Glutamic Acid
• Phenylalanine

By Application

• Food and Beverages
• Animal Feed
• Nutraceutical and Dietary Supplements
• Cosmetic and Personal Care
• Pharmaceuticals

By Geography

• North America

USA

Canada

Mexico

• Europe

Germany

UK

France

Spain

Italy

• Asia-Pacific

China

Japan

South Korea

India

Indonesia

Australia

• LAMEA

Latin America

Middle East

Africa

Key Players  

• Global Bio-chem Technology Group Company Limited
• Ajinomoto Co., Inc.
• Kyowa Hakko Bio Co., Ltd.
• Amino Gmbh
• Taiwan Amino Acid Co., Ltd.
• Evonik Industries AG
• ADM
• Cargill, Incorporated
• Merck KGaA
• Daesang

Quick Commerce is the Next Generation E-Commerce Service, providing the convenience of Quick Deliveries to the Customers at their Doorstep: Ken Research

Buy Now

1. The industry is at Growth Stage in the year FY’23, as major players entered the market in 2020-2022 setting up the quick commerce industry in India

Quick commerce is all about fast delivery, aiming to deliver products within a time span of less than 75 minutes. Smartphone Users & working professionals who are convenience seekers and tend to do unplanned purchases, are the major target audience for Quick Commerce market Quick Delivery: Compared to a conventional retail outlet and other e-commerce companies, q-commerce companies are able to get goods to customers in a fraction of the time. Quick Commerce is categorized as a unique business model where there is a very narrow delivery window. With the help of the dark Store delivery Model, the delivery cycle has been replaced from a 1-2 day delivery window to an under 75 minute’s time frame.

2.  Companies with Large Product Assortment & Fastest Delivery are identified as clear leaders

Most of the quick commerce companies are burning cash right now due to extensive advertising and discounts being offered to onboard the customers. Quick commerce industry relies on local warehouses known as dark stores in immediate proximity to the locations they deliver. The companies have to bear the cost of setting up these dark stores and maintaining them. Over the period of time, the companies have to make sure that the model turns profitable by managing effective supply chain.

Request For Sample Report @ https://www.kenresearch.com/sample-report.php?Frmdetails=NTYxNDE4

3.  Voice-Assisted Shopping and Ultra-Fast Deliveries are the Few Recent Trends and Developments in India Quick Commerce Market

The ultra-fast delivery is being fulfilled with automation technology. Automation speeds up the process and also designate tasks to the right delivery partner/resource without errors. Amazon Prime Air uses delivery drones to autonomously fly packages to customers within 30 minutes of ordering. The service was tested in UK in 2017. Operations were expected to begin in selected cities in UK & US in late 2019.

Some e-commerce businesses already recognize EVs as a cost improvement measure, in addition to improving customer satisfaction and meeting regulatory compliance and ensuring sustainable progress. Flipkart, Myntra, IKEA and Zomato have committed to 100% EV transition by 2030 and Amazon has committed to inducting 10,000 EVs by 2030. Flipkart, which started its EV journey in 2017, has already deployed 2,000 EVs over 18 states and union territories and will induct 25,000 EVs by 2030.

Major retailers such as Walmart and Amazon have been extending into voice assisted online shopping, through Amazon Alexa and Google Assistant smart home speakers. Smart home speakers have been gaining traction in India.

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

India Quick Commerce Market

Global Pea Protein Market Is Expected To Reach A Market Size Of US$ 1,100 Million By 2028: Ken Research

 Pea protein is a dietary product and protein supplement developed and extracted from yellow split peas, chickpeas, and lentils. It can be used as a food replacement or dietary supplement to boost a person's consumption of protein or other nutrients. Pea proteins are perfect for people choosing vegan diets because they are made from plant-based sources. Additionally, they have a wide range of applications in beverages, meat alternatives, dietary supplements, and bakery goods and are non-toxic, non-allergic, and easily digestible.

According to Ken Research Analysis, the Global Pea Protein Market was valued at US$ 350 million in 2017. it is estimated to be US$ 575 million in 2022 and is expected to reach a market size of US$ 1,100 million by 2028 growing at a CAGR of ~12% during the forecast period (2022-2028). The growth can be attributed to the rise in the number of vegans, the popularity of plant-based & gluten-free goods, and the nutritional advantages of products made from peas.

For more information, request a free sample @ https://www.kenresearch.com/sample-report.php?Frmdetails=NTk2MDM5

• The market for pea proteins is predicted to increase as a result of consumers' increased focus on their health and the replacement of traditional meat products like sausages and patties with plant-based alternatives. The market for plant-based proteins is anticipated to develop over the course of the estimated period as the number of vegan and flexitarian consumers rises.
• Due to growing consumer awareness of their health, consumption of a diet high in protein content has increased dramatically. Furthermore, due to hectic lifestyles, consumers are forced to look for nutrients in packaged food products because they are unable to regularly consume a nutritionally adequate diet. As a result, producers of packaged foods are adding protein and other nutrient-rich components to food products. The primary causes influencing the adoption of a protein-rich diet are the rising prevalence of chronic illnesses brought on by altered lifestyles.
• Supply shortage is the main issue that pea protein producers must deal with. Agriculture is already being impacted by climate change, though the effects are unevenly spread worldwide. The yields of desired crops eventually decline as temperatures rise. Pulses, which are among the most affordable sources of protein, have seen a slight increase in price in the past few years.
• Pea protein market was impacted by the COVID-19 pandemic outbreak. The implementation of lockdowns in international markets in 2020 initially had a big impact on the sales of several large stores in the food and beverage sectors. Sales declined over a short period. However, as the market for online food and grocery purchases grew in the middle of the 2020s, these sales quickly rebounded. The population continued to be under lockdown, which led to a stronger focus on healthy eating. Additionally, governments around the world worked to maintain food security in their nations and regions, which kept the food sector industries afloat.

Key Trends by Market Segment

By Type: The isolates segment held the largest market share in 2021, due to rising knowledge of the advantages of pea protein isolates and their high protein content.

• Isolates are frequently utilized as nutritional supplements in meat products, energy drinks, fruit mixes, and bakery goods because of their excellent emulsification and non-allergic properties.
• The high protein content, high emulsification, and stability features of isolates, and expanding application areas such as high-performance nutrition products and snack products are primarily responsible for the growth of the market.

For more information, request a free sample @ https://www.kenresearch.com/sample-report.php?Frmdetails=NTk2MDM5

By Nature: Organic segment held the largest market share in 2021, due to growing interest in organic products as a result of the popularity of clean-label products and the expansion of certified organic pea farm production.

• Organic pea protein concentrate is made by isolating the protein fraction from the carbohydrate and fiber components of organic pea seeds. Concentrates made from organic pea protein are less processed than isolates. Typically, they range from 70% to 85% protein. Both dry and wet milling techniques are used to remove them from organic peas.
• The need for natural products with fewer chemicals and additives is increasing the trend toward clean-label products, which is fuelling the expansion of the global organic pea protein market.

By Source: Yellow split peas segment held the largest market share in 2021, as they are the sources of peas mostly preferred by product manufacturers.

• Yellow split peas are perfect for producing pea protein isolates due to their high protein content. Comparing them to alternatives made from dairy and meat, they are valued for their amino acid composition, which led to their classification as "whole proteins."
• 100 grams of yellow split peas provide 370 calories, 1 gram of fat, 67 grams of carbs (27 grams of fiber and 3 grams of sugar), 27 grams of protein, and 25% of the recommended daily allowance of iron.

By Form: Dry segment held the largest market share in 2021, primarily due to the low capital requirements, reduced energy and water usage compared to wet, and the significant demand for dry protein components from the food and beverage industry.

• During dry processing, whole or dehulled peas are dried, ground, and milled. Protein and starch fractions are then separated depending on mass and various particle sizes using a spiral stream of air. Protein content in products created through dry processing ranges from 50 to 60 weight percent.

By Application:  The meat substitutes segment held the largest market share in 2021, due to an increase in demand for plant-based food products will raise demand for meat alternatives.

• The product has been utilized more frequently in recent years to create meat substitutes including burger patties and minced beef due to inexpensive processing costs and practical storage options. More people should employ isolates as a viable food for those who don't consume animal-based protein as consumer concerns about meat allergies grow. These factors are driving the demand for the product in the meat substitute application.

By Geography: North America accounted for the largest market share in 2021 of the global pea protein market, the main factors driving the global market are the rising vegan population, the rising demand for health & wellness products, and the rising consumption of processed meat products.

• Growing demand for gluten-free products, rising concerns about cardiovascular diseases (CVDs) caused by red meat intake, and robust expansion in the sports nutrition industry in North America are likely to boost the regional market over the forecast years.
• The presence of significant meat producers like JBF, Tyson, National Foods, and Cargill in the United States is also anticipated to increase demand for pea protein as a texturizing agent in meat production. Furthermore, it is anticipated that the availability of grains as sources of protein will decline due to growing grain consumption for bio-based compounds like canola and soy. As a result, pea protein is anticipated to become essential.

To more regional trends, Ask for a Customization @ https://www.kenresearch.com/ask-customization.php?Frmdetails=NTk2MDM5

Competitive Landscape

The Global Pea Protein Market is highly competitive with ~200 players which include globally diversified players, regional players as well as a large number of country-niche players each with their niche in the protein market.

Large global players control about ~15% of the market, some of the major players in the market include Roquette, Dupont, Glanbia Nutritionals, Ingredion, Scoular, Burcon, Shandong, Axiom, Cosucra, Sotexpro.

Recent Developments Related to Major Players

• In September 2021, Roquette Fréres established a brand-new center of competence. By concentrating just on plant protein, this center will broaden the range of opportunities in terms of food innovation, the discovery of novel proteins, and new manufacturing techniques.
• In September 2020, Roquette Fréres planned to build the biggest pea protein plant in the world in Portage la Prairie, Manitoba, Canada, which is a suburb of Winnipeg. The development of this new facility seeks to satisfy the rising demand for pea protein on a global scale.

Conclusion

The Global Pea Protein Market Size, Segments, Outlook, and Revenue Forecast 2022-2028 is forecasted to continue the exponential growth that is witnessed since 2019, due to expanding consumer awareness about the importance of eating a healthy diet and maintaining an active lifestyle. Though the market is highly competitive with ~200 players, few global players control the dominant market share and regional players also hold a significant market share.

Note: This is an upcoming/planned report, so the figures quoted here for a market size estimate, forecast, growth, segment share, and competitive landscape are based on initial findings and might vary slightly in the actual report. Also, any required customizations can be covered to the best feasible extent for Pre-booking clients, and the report delivered within a maximum of 2 working weeks.

Market Taxonomy

By Type         

• Isolates
• Concentrates
• Textured

By Nature      

• Organic
• Conventional

By Source     

• Yellow Spit Pea
• Chickpea
• Lentils

By Form        

• Wet
• Dry

By Application

• Meat Substitutes
• Functional Foods
• Bakery Products
• Beverage
• Dietary Supplements
• Others

By Geography

• North America (USA, Canada, Mexico)
• Europe (Germany, UK, Italy, France, Spain, Rest of Europe)
• Asia Pacific (China, India, Japan, South Korea, Australia, Indonesia, Rest of Asia Pacific)
• LAMEA (Latin America, Middle East, Africa)

Key Companies

• Roquette
• Dupont
• Glanbia Nutritionals
• Ingredion
• Scoular
• Burcon
• Shandong
• Axiom
• Cosucra
• Sotexpro

Global Ethernet Controller Market size is expected to reach US$ 15 Bn in 2028 growing with a CAGR of ~7%: Ken Research

 An ethernet controller is a networking device that allows data communication in a network. Ethernet is among the widely used data transfer and communication technology in data centers, cloud computing, gaming, and personal computing. Due to the stable data transfer and communication in ethernet technology, it has seen wide adoption in servers and embedded systems. Moreover, as the trend of (Over-the-Top) OTT is increasing, the demand for seamless file or video streaming is taking place, which in turn is fueling the growth of high-end ethernet controllers.

According to Ken Research Analysis, the global ethernet controller market was valued at US$ 8 Bn in 2017. In recent years, the use of cloud solutions has seen rapid growth in IT, Telecom, and healthcare among others due to which the market size is estimated to be US$ 11 Bn in 2022. The market size is expected to reach US$ 15 Bn in 2028 growing with a CAGR of ~7%.

For more information, request a free sample @ https://www.kenresearch.com/sample-report.php?Frmdetails=NTk2MDA4

The global ethernet controller market is driven by various factors including the increased use of servers in data centers. The surging number of OTT broadcasting service providers and traditional broadcasters is another factor driving the market growth.

• Data-intensive applications like cloud computing and big data continue to drive the demand for servers in ethernet controllers. Large terabits of data from such applications to data centers and vice versa move each second and moving this data into data centers requires a strong infrastructure efficient for handling the distribution of high-bandwidth data with high IP traffic to and from storage endpoints, main switches, servers, and high-end switches.
• Ethernet controllers help link these devices with the help of media access control addresses. Thus, the rise in demand for these data-intensive applications helps in market growth.
• In March 2020, Ethernity Networks introduced its ENET-D, an Ethernet controller technology in addition to its ACE-NIC100 SmartNIC that efficiently processes millions of data streams and provides performance acceleration for network and security devices.

Key Trends by Market Segment

By Bandwidth Type:

In the Global Ethernet Controller Market, the Fast Ethernet segment held the largest market share in 2021.

• The installation of new and advanced software and increasing transfer rates are accelerating the demand for this segment.
• According to Comnet, a manufacturer of audio, video, data, and ethernet communication products, Fast Ethernet transmission is at least 10 times faster than normal ethernet and proves to be useful in maintaining compatible connections to servers with high speed, decreasing bandwidth bottlenecks for network systems operating multiple IP videotape cameras and IoT, and seamlessly supporting complex networks that run multiple bandwidth-intense software packages at the same time.
• The BCM57414 50G PCIe3.0 Ethernet controller builds upon the success of the extensively-fixed NetXtremeE-Series framework by combining a high-bandwidth Ethernet controller with a unique set of broadly-optimized hardware acceleration machines to enhance network performance and enhance server effectiveness.

By Function:

The PHY (Physical Layer) segment held the largest market share in 2021 in the Global Ethernet Controller Market.

• An Ethernet PHY is designed to deliver error-free transmission over a variety of media to reach distances that exceed 100m.
• In December 2021, Marvell declared the industry’s first 802.1 AE MACsec integrated dual 1000BT1 and 100BT1 PHYs. The new products aid OEMs in transitioning toward software-defined vehicles, where secure data communication is a critical need, extending Marvell’s portfolio in automotive Ethernet PHY. These Ethernet PHY solutions enable energy-effective, secure in-vehicle networks and help in achieving functional safety compliance at the system level.

For more information, request a free sample @  https://www.kenresearch.com/sample-report.php?Frmdetails=NTk2MDA4

By Application: In the Global Ethernet Controller Market, the servers segment held the largest market share in 2021.

• The enterprise migration to the cloud and the role of emerging technologies such as artificial intelligence, the Internet of Things (IoT), and analytics are increasing the use of servers.
• For instance, Oracle Big Data Appliance includes five or more servers and the technology to connect the servers to the network. The network connections allow the servers to be administered remotely and allow customers to connect to them.
• In November 2021, Broadcom Inc. released that Meta (Facebook) deployed the world’s topmost bandwidth Ethernet switch chip, the Broadcom StrataXGS Tomahawk 4 switch series, in its data center network fabric. A preeminent- edge25.6 Tbps Ethernet switch, the Tomahawk4 is dispatching in high volume in Meta’s Minipack2 platform.

By Region: The Asia Pacific Ethernet Controller Market is expected to be the fastest-growing market during the forecast period in the Global Ethernet Controller Market.

• This growth is due to the growing use of ethernet controllers in consumer usage, servers, and desktop systems in the region and increases in demand for (Voice over Internet Protocol) VoIP solutions, gaming consoles, and digital signage.
• According to Cisco Korea, in 2021, internet applications reached 7.7 exabytes per month compared to about 3.4 exabytes in 2016. In addition, the growth of IoT and 5G deployed are also playing a significant part in driving the demand.
• Further, the number of active Internet users in India is anticipated to rise by 45% from 2020 to 2025 and touch 900 million by 2025 from around 622 million in 2020, based on the Internet and Mobile Association of India. The report defines an active user as someone who has entered the Internet at least once in the past month.

North America held the largest market share in 2021 in the Global Ethernet Controller Market. The primary factors contributing to the region's high demand share include advancements in IT infrastructure, and an increase in the number of connected devices, and data centers.

To more regional trends, Ask for a Customization @ https://www.kenresearch.com/ask-customization.php?Frmdetails=NTk2MDA4

Competitive Landscape

The global ethernet controller market is highly competitive with global, regional, and country niche players with the latter holding the largest share in terms of the number of competitors. It is estimated in Ken Research’s study that the market comprises nearly 250 players across the four major regions. It is also observed that the Asia Pacific region holds the highest number of country niche players, especially in China, Taiwan, and Korea. The leading global players generally have a long-term trade agreement with limited suppliers which allows them to maintain their position and brand awareness. Most of the country-niche players are start-ups in the Ethernet Controller market.

The large global players comprise about ~10% in terms of the number of company shares followed by regional players which account for ~30% of the number of the company share.

The Leading Country Niche players such as Netgear, Lantronix, Nomadix, and Extreme Networks are highly focused on providing a significant number of Ethernet Controller Solutions.

Recent Developments Related to Major Players

• In February 2022, Intel launched the Intel Xeon D- 1700, the following generation of Intel Xeon D processors, at MWC Barcelona 2022. This new Xeon D processor is designed and developed from the ground up with network and edge-specific features, comprising integrated AI and crypto acceleration, set up in Ethernet, support for time-sensitive networking and time-coordinated calculation, and manufactured-class duration. Furthermore, these new Intel Xeon D processors feature up to 100 GbE in the Ethernet output capability.
• In September 2019, Marvell launched the family of the high-port count, ultra-low latency automotive switches with multi-gigabit routing output capabilities. This portfolio combines the industry's first high-port count aggregation switch, offering all ports at gigabit capacity allowing clustering of safety-critical detector data in an Advanced Driver Assistance System (ADAS) and data transfer over a high-speed PCIe host uplink.
• In January 2022, Realtek announced that by the end of the year it will be launching a 5GbE Single-Chip Ethernet Controller Series which is compatible with IEEE 802.3bz Multi-Gigabit functions and also it will be the smallest 5GbE solution globally.

Conclusion

The Global Ethernet Controller Market is forecasted to continue moderate growth, which is primarily driven by the need for high precision and advancement in the banking, healthcare, retail, and logistic industries. The market size is estimated to be US$ 11 Bn in 2022 and is expected to reach US$ 15 Bn in 2028 growing with a CAGR of ~7%. North America is the dominant region in terms of revenue generation; however, the Asia Pacific region is expected to grow at a higher pace. Though the market is highly competitive with ~250 participants, few global players control the dominant share and regional players also hold a significant share.

Note: This is an upcoming/planned report, so the figures quoted here for the market size estimate, forecast, growth, segment share, and competitive landscape are based on initial findings and might vary slightly in the actual report. Also, any required customizations can be covered to the best feasible extent for Pre-booking clients and the report delivered within a maximum of two working weeks.

Market Taxonomy

The Global Ethernet Controller Market Size, Segments, Outlook, and Revenue Forecast 2022-2028 is segmented by bandwidth type, function, application, and geography. Fast Ethernet and switch ethernet are widely used ethernet controller types based on bandwidth. In addition, the report also covers the market size for each of the four regions of the Global Ethernet Controller Market. The revenue used to size and forecast the market for each segment is USD billion.

By Bandwidth Type    

• Fast Ethernet
• Ethernet
• Switch Ethernet

By Function    

• PHY (Physical Layer)
• Integrated

By Application

• Servers
• Embedded Systems
• Consumer Application
• Routers and Switches
• Desktop Systems
• Others

By Region      

North America

•  USA
• Canada
• Mexico

Europe

• Germany
• UK
•   France
•  Italy
• Spain

Asia Pacific

•  China
•  Japan
• India
• Australia
•  South Korea

LAMEA

• Latin America
• Middle East
• Africa

Key Companies         

• Intel Corporation
• Broadcom Inc.
• Cirrus Logic Inc.
• Silicon Laboratories
• Texas Instrument Incorporated
• Marvell Technology Group Ltd
• Microsemi Corporation
• Realtek Semiconductor Corp.
• Mindspeed Technologies Inc.
• Siemens AG
• OMRON Corp.
• Comlab Telecommunications Inc.

India Diesel Generator Rental & Leasing Market is in the Growing Stage; being driven by government initiatives in manufacturing sector along with growing foreign investments and technological advancements: Ken Research

 Buy Now

1. Factors driving the India Diesel Generator Rental & Leasing Market Growth

India diesel generator rental & leasing market size in terms of revenue has been showing increasing trend from 2017 to 2022. This is mainly due to advancement in manufacturing sector, government initiatives, technological advancement and foreign investments boosting the development of nation as well as demand for diesel generator as well. Rising power outages, increased urbanization, industrialization, growing demand for reliable and uninterrupted power supply are some of the factors driving the India Diesel Genset Market Growth.

2. Future Market Size is expected to grow at a CAGR of 14.6% from 2022 to 2027 in terms of revenue

India diesel generator rental & leasing market size in terms of revenue and in terms of numbers is expected to show increasing trend from 2022 to 2027. This could be mainly due to advancement in manufacturing sector, government initiatives, technological advancement and foreign investments boosting the development of nation as well as demand for diesel generator as well.

Request For Free Sample Report @ https://www.kenresearch.com/sample-report.php?Frmdetails=NTk2MTYz

3. Government has adopted Make in India, Atmanirbhar Bharat and Performance Based Incentive Schemes to create demand for backup power in the manufacturing sector.

Government initiatives such as Make in India, Atmanirbhar Bharat and Performance Based Incentive Schemes (PLI) are expected to create robust demand for backup power in the manufacturing sector. Driven by supporting government policies such as: “Make in India”, Production Linked Incentives (PLI), aim to boost domestic manufacturing due to the urgent need for high voltage for power and electrical equipment. The country is also expected to witness the construction and location of data centers.

For more insights on the market intelligence, refer to the link below:-

India Diesel Generator Rental & Leasing Market

Global Printer Market expected to witness a CAGR of ~6% during the forecast to 2022-2028: Ken Research

 A printer is an electronic device that is used to print any document in hardcopy format, which is often used in residential, commercial, educational institutes, enterprises, government offices, and more. With the launch of the latest multi-functional printers, the single printer device is now able to perform a variety of tasks which include printing, photostatic copies, scanning, and Fax/telefax which is highly cost-effective for the users.

According to Ken Research Analysis, the global printer market is expected to witness a CAGR of ~6% during the forecast period (2022-2028) and reach a market size of ~US$ 65 Bn by 2028 from ~US$ 45 Bn in 2022. The growth can be attributed to the advancements in cloud-based printing services, new product launches, and an increase in the numbers of small and medium-sized enterprises (SMEs).

For more information, request a free sample @ https://www.kenresearch.com/sample-report.php?Frmdetails=NTk2MDM1

• The R&D investment in technologies like cloud-based printing, laser printing, and 3D Printing is likely to propel the market growth during the forecast period (2022­–2028).

• In April 2021, HP Inc. launched its smartest printing solution called HP+ for small and medium-sized enterprises (SMEs). the HP+ is connected to a smart app and a cloud-based system i.e. users can virtually print from any location. HP+ offers high security with enhanced productivity and sustainability.

• The adoption of digitization in Government offices, Banks and Educational Institutes (digitization is the process of converting any document into digital forms such as images, pdf, or Digi locker) acts as one of the major challenges faced by the Global Printer Market.

• The COVID-19 pandemic affected the sales of commercial, educational institutes, and government office printers but residential printers have shown a rise in sales. This is due to the lockdown imposed by the government leading to the sudden closure of schools, offices, and government offices.

Key Trends by Market Segment

By Printer Type:  The Multi-Functional Device (MFD) segment is expected to witness the fastest growth during the forecast period, owing to its ability to perform multiple tasks.

• The Multi-Functional device (MFD) or Multi-Functional Printer is adopted over standalone due to its ability to perform a variety of other tasks rather than just printing such as photocopier, scanner, and fax machine.

• Many small and medium-sized enterprises (SMEs) are now adopting MFD over standalone as it reduces the overall cost drastically. Furthermore, manufacturing companies are now focusing on developing such multifunctional products.

• In May 2022, Sharp Corporation launched the monochrome multifunction 3-in-1 solution printer that will act as a copying, printing, and scanning machine. The printer offers a print speed of 24 Pages per minute with a capacity of 1,850-pages and a response time of 6.4 seconds.

For more information, request a free sample @ https://www.kenresearch.com/sample-report.php?Frmdetails=NTk2MDM1

By Technology: The laser printer is expected to witness the fastest growth in the technology segment during the forecast period due to its high printing speed.

• Laser printers perform at better speed as compared to other inkjet and LED printers because the laser beam in a laser printer can move fast which helps it to print at high speed.

• Although laser printer is expensive as compared to inkjet printer their overall operational cost is significantly lower this is because laser printers melt the toner powder on the paper for printing purposes rather than using the costly cartridge that inkjet printer uses. The release of small models in laser printers is one of the major reasons for driving its growth in the technology segment.

By Interface: The wired segment accounted for the major share in the interface segment in 2021 due to its less installation cost.

• The wired segment accounts major share of the printer interface market as the installation cost of wired printers is significantly low as compared to wireless printers,

• The wireless printer is less secure as compared to the wired printer, as an unauthorized user can use the printer if the Wi-Fi network is less secure.

By Output Type: The monochrome segment held the largest market share in 2021 due to the low price of monochrome printing ink as compared to color ink. 

• Color printing ink is more expensive as compared to monochrome ink as during printing any color document the printer uses four-color cartridges at once, thus leading to the emptying of cartridges earlier.

• While for monochrome, printing the printer uses a single cartridge at a time thus making it more efficient as compared to color ink.

By Application: The commercial segment held the largest market share in the global printer market by application segment in 2021 owing to the launches of new multi-functional device printers.  

• Many offices are using multifunctional printers in offices as the multi-functional printer is able to perform a variety of other tasks such as scanning, photocopying, and telefax.

• Many offices use laser printers and inkjet printers as these printers are easy to use and provide top-quality printing with low response time.

By Region: Asia Pacific is expected to dominate the global printer market during the forecast period owing to the presence of a greater number of manufacturers in the region.

• Many leading printer companies such as Canon Inc., Seiko Epson Corporation, Ricoh Co., Ltd, Konica Minolta Inc., Brother Industries Ltd, Kyocera Corp., etc. are all headquartered in Japan.

• In February 2022, the Indian Government released a strategy for 3D printing, which is likely to help India to become the global hub for deployment and designing in 3D printing.

To more regional trends, Ask for a Customization @ https://www.kenresearch.com/ask-customization.php?Frmdetails=NTk2MDI5

Competitive Landscape

The Global Printer Market consists of ~100 players including globally diversified players, regional players as well as a large number of country-niche players who have their niche in printers, scanners, photocopiers, and fax machines.

Large global players constitute ~15% of the market in terms of the number of competitors, while regional players hold the second largest share. Some of the major players in the market include Brother Industries Ltd., Canon Inc., HP Development Company, L.P, Konica Minolta Inc., Kyocera Corp., Lexmark International Inc., Ricoh Co. Ltd., Seiko Epson Corp., Sharp Corp., Xerox Corp and among others.

Recent Developments Related to Major Players

• In October 2022, Epson America, Inc. launched the modern wireless receipt printers as “Mobilinkwireless receipt printers” which is small, lightweight, and easy to carry and can be used for various point of sales such as mobile transactions, direct store delivery, transportation and more.

• In February 2022, Konica Minolta Inc. launched its new printer “AccurioJet KM-1e High Definition (HD) model” which is an upgrade to “AccurioJet KM-1e LED” inkjet printer, the HD version is able to produce skin tones, uniformity of solid backgrounds and reproduction of textures in the printed document that will provide the superior printing quality as compare to its competitors.

• In March 2021, Xerox Corporation Secured the first position for the worldwide managed print services (MPS) market (MPS are services provided by an external entity for managing the company document output) in the Quocirca worldwide market landscape report (Quocirca is the leading print industry's source for market insight and advisory services).

Conclusion

The Global Printer Market Size, Segments, Outlook, and Revenue Forecast 2022-2028 is expected to continue its growth with a CAGR of ~6% during the forecast period. This is due to advancements in technologies like cloud-based printing and laser Printing as well increase in the number of Small and medium-sized enterprises. Though the market consists of ~100 participants, few regional players control the dominant share and regional players hold a significant share.

Note: This is an upcoming/planned report, so the figures quoted here for a market size estimate, forecast, growth, segment share, and competitive landscape are based on initial findings and might vary slightly in the actual report. Also, any required customizations can be covered to the best feasible extent for Pre-booking clients, and the report delivered within maximum of 2 working weeks.

Market Taxonomy

By Printer Type

• Multi-Functional

• Standalone

By Technology 

• Dot Matrix Printer

• Inkjet Printer

• LED Printer

• Thermal Printer

• Laser Printer

By Interface      

• Wired

• Wireless

By Output Type

• Color

• Monochrome

By Application

• Residential

• Commercial

• Educational Institutions

• Enterprises

• Government

• Others

By Region          

• North America (USA, Canada, Mexico)

• Europe (Germany, UK, Italy, France, Spain)

• Asia Pacific (China, India, Japan, South Korea, Indonesia)

• LAMEA (Latin America, Middle East, Africa)

Key Companies

• Brother Industries Ltd.

• Canon Inc.

• HP Development Company, L.P

• Konica Minolta Inc.

• Kyocera Corp.

• Lexmark International Inc.

• Ricoh Co. Ltd.

• Seiko Epson Corp.

• Sharp Corp.

• Xerox Corp.

Global Glass Packaging Market is expected to witness a positive CAGR of 5% and cross US$ 85 Bn by 2028: Ken Research

 Buy Now

Glass packaging is a mixture of various chemical materials such as silica, boric acid, sodium oxide, aluminium oxide, sodium carbonate, calcium oxide, and others. The type of glass product depends on the chemical material used in the manufacturing of glass. Among all the other packaging material types, glass is the only material that has been granted the FDA status of “GRAS”, Generally Recognized as Safe and therefore, considered as the trusted packaging type used for health, taste, and the environment.

The Global Glass Packaging Market is expected to witness a positive CAGR of ~5% during the forecast period (2022-2028) and cross US$85 Bn by 2028, due to steady consumer demand for safe and healthier packaging.

To Know More about this report, Download Free Sample Report

• The steady consumer demand for safe and healthier packaging acts as one of the major factors driving the growth of the glass packaging market. Furthermore, increasing demand from the pharmaceutical and personal care sector impacts the demand and therefore, boosts the growth of the glass packaging market.
• The increase in beer consumption throughout the world is one of the primary reasons driving market expansion. Beer is one of the alcoholic beverages that is packaged in glass bottles. According to a 2022 report published by Packmedia srl, the glass bottle continues to be the most widely used packaging for alcoholic beverages. This directly impacts the growth of the glass packaging market.
• In 2020, an independent consumer research survey, commissioned by Friends of Glass and the European Container Glass Federation (FEVE) was carried out across 13 European countries that revealed the changing preference of people to glass packaging as compared to 2018.
• According to European Container Glass Federations (FEVE), 162 manufacturing plants are distributed all over Europe, and container glass is an essential contributor to Europe’s real economy as it has created job opportunities along the total supply chain.
• One of the main challenges for the market is the increased competition from alternative forms of packaging, such as aluminium cans and plastic containers. As these items are lighter in weight than bulky glass, they are gaining popularity among manufacturers and customers. The high transportation costs associated with glass packaging products are the factor challenging the growth of the market.
• Glass has a density of approximately 2.6 g/cm3, which means a piece of glass the same size as a piece of plastic is almost three times heavier. If the packaging is shipped over a long distance, glass has a clear disadvantage.
• Not only is glass more expensive to ship and handle, but it also costs more to produce, primarily due to the amount of energy and extreme heat required during the production process.
• The ongoing Covid-19 led to a significant growth in the demand for glass packaging to be used in several end-use industries such as food and beverage, cosmetics, and pharmaceuticals. key players have also witnessed a surge in demand from consumers for glass packaging. The Covid-19 pandemic has positively impacted the market for glass packaging. The industry is witnessing increased demand from the food & beverage and pharmaceutical sectors, as the pandemic has led to a greater demand for medicine bottles, food jars, and beverage bottles. Moreover, during the pandemic, consumers recognized the sustainable benefits of glass packaging. In a survey of over 10,000 consumers from 10 countries by industry experts, glass and paper-based cartons were seen as the most sustainable, and multi-substrate packaging was viewed as the least sustainable.

Key Trends by Market Segment

By Glass Type:  The Type 1 segment is estimated to hold the largest market share of the Global Glass Packaging Market in 2021. The growth of this segment can be attributed to the inherent characteristics of Type 1 glass, making it ideal to be used as pharmaceutical glass packaging.

• Type 1 is the borosilicate glass, comprising 80% silica, and 10% boric oxide. The chemical materials used in this type of glass have good chemical resistance.
• Type 1 glass containers are widely used for pharmaceuticals as the properties exhibited by the materials used do not allow the container to react with any substance or solution kept inside it.
• Since 2020, the demand for glass-based vials is witnessing a spike owing to the increased COVID-19 vaccine production by companies.

By Capacity: The 501-1000ml capacity segment is estimated to hold the largest market share of the Global Glass Packaging Market in 2021. The reason behind the largest share of this segment is that majority of the alcoholic, as well as non-alcoholic beverages, are packed in 501-1000ml capacity bottles.

• 501-1000 ml glass bottles are multi-functional and are used in diverse end-use applications such as packing beer, wine, milk, water, juices, and many others.
• These bottles are used on a large scale in the healthcare and food and beverage industry, as the recycling rate of glass bottles is very high as compared to other packaging material types.
• For Instance, according to a data on plastic bottles recycling in the year, The Container Recycling Institute found that plastic bottles are recycled at a rate of 29%. In comparison to this, glass has a recycling rate of 37%.
• According to the 2022 Silicon Valley Bank State of the Wine Industry report, for the period of September 2020 through September 2021, approximately 55% of the wine was sold in 750 mL bottles.

By Application / End User Segment: The Food and Beverage segment is estimated to hold the largest market share of the Global Glass Packaging Market in 2021.

• Glass packaging is used for a wide range of products such as bottled water, beer, coffee, soft drinks, dairy products, energy drinks, juice, sports drinks, tea, and wine & spirits.
• The rising premiumization of alcoholic beverages and the growing consumption of innovative alcoholic beverages like craft beer is projected to aid the market growth.

By Geography: Asia Pacifica accounts for the largest share among all regions within the total Glass Packaging market.

• Asia-Pacific dominates the glass packaging market due to the increasing use of glass in various end-use industries including food and beverages, pharmaceuticals, and alcoholic beverages. The high availability of raw materials including silica and the presence of a huge consumer base in countries is responsible for the growing demand.
• The increasing consumption of alcoholic beverages is driving market growth in the region, owing to various investments and changing trends which in turn can stimulate the demand for glass bottles and containers in the region.
• Glass bottles and jars are 100% recyclable and can be recycled endlessly without any loss in purity or quality. Japan has been emphasizing recycling glass containers and bottles to reduce its carbon footprint and has built multiple glass recycling plants across the country. Currently, it has over 18 glass recycling plants accepting glass bottles and containers to form glass culets and powder. The robust recycling infrastructure, in a way, promotes the use of glass packaging due to its functional property advantages.​
• In Europe, Germany, France, and Italy are the major production hubs for glass whereas, Eastern European countries like Poland and Turkey are expected to witness significant growth in the coming years due to rising beverage consumption and the growing trade opportunities with neighbouring countries.
• In North America and the Middle East and Africa, the rising pharmaceutical industry is pushing the growth of the regional markets. The steady growth in alcohol consumption in North America and Europe is projected to support the glass packaging industry growth.

Visit this Link Request for a custom report

Competitive Landscape

• The Global Glass Packaging Market is highly competitive with ~250 players which include globally diversified players, regional players as well as a large number of country-niche players each with their niche in food, beverages, cosmetics, pharmaceuticals, household, personal care, and others, for end-user industries. Most of the country-niche players are the suppliers of raw materials used for making glass.
• Large global players control about 15% of the market, while regional players hold the second largest share. Some of the major players in the market include Amcor Plc, Piramal Glass Private Limited, Owens-Illinois Inc., Ardagh Group S.A., HEINZ-GLAS GmbH & Co. KGaA, Gerresheimer AG, Vetropack Holding AG, Bormioli Rocco SPA, Vidrala S.A., Saint Gobain S.A., Koa Glass Co., Ltd., among others.
• The leading global specialist companies such as Piramal Glass Private Limited, HEINZ-GLAS GmbH & Co. KGaA, Bormioli Rocco SPA, and Gerresheimer AG are highly focused on providing a significant number of glass packaging products that can be used across food and beverages, cosmetics, and more.

Recent Developments Related to Major Players and Organizations

• In June 2022, Berlin Packaging, a U.S.-based supplier of hybrid packaging acquired Verrerie du Comtat, a leading manufacturer of glass packaging for wine and olive oil markets. The acquisition strengthened the company’s strategic positioning in the alcoholic beverages markets.
• In May 2021, The HEINZ-GLAS Group set up a new glass melting furnace at its Kleintettau, Germany, location. The new plant was set up with an investment of around USD 17.74 Mn. The new capacity plant is equipped with electric furnaces that can produce high-quality perfumery glass, clear glass with a high PCR cullet content as well as opal glass.
• In August 2021, Owens-Illinois in partnership with James City County announced a new pilot program for glass recycling. The program works on setup of glass-only recycling containers at several locations throughout the County. The glass collected in these containers is taken to the Toano plant of Owens-Illinois in the Hankins Industrial Park and processed into glass cullet. The material is then used to manufacture glass bottles.
• In April 2019 - SCHOTT invested USD 9.5 Mn in its pharmaceutical tubing production in Rio de Janeiro, as part of its global growth strategy. As the demand in the pharmaceutical industry increases, SCHOTT is contributing to manufacture 100% inspection of glass tubing to detect possible defects.

Conclusion

The Global Glass Packaging Market is forecasted to continue steady growth that is witnessed since 2017. The market is primarily driven by the Growing consumption of beverages and increasing demand for eco-friendly packaging products. Though the market is highly competitive with over ~250 participants, few global players control the dominant share and regional players also hold a significant share.

Note: This is an upcoming/planned report, so the figures quoted here for market size estimate, forecast, growth, segment share and competitive landscape are based on initial findings and might vary slightly in the actual report. Also, any required customizations can be covered to the best feasible extent for Pre-booking clients and report delivered within maximum 2 working weeks.

Ken Research has published a report title Global Glass Packaging Market Size, Segments, Outlook and Revenue Forecast 2022-2028 That is segmented by Glass Type, Capacity, Packaging Type, Application, and Geography. In addition, the report also covers the market size for each of the five regions' Glass Packaging Market. The revenue used to size and forecast the market for each segment is USD billion.

Market Taxonomy

By Glass Type

Type 1

Type 2

Type 3

Others

By Capacity

Up to 50 ml

51 - 200 ml

201 - 500 ml

501-1000 ml

Above 1,000 ml

By Packaging Type

Bottles

Jars

Flacons

Tubular Glass Vials

Others

By Application / End User Segment

Food & Beverages

Cosmetics

Pharmaceuticals

Household

Personal Care

Others

By Geography

North America

Europe

Asia Pacific

Latin America Middle East and Africa (LAMEA)

Asia Pacific Commercial and Industrial Robots Market is expected to record a positive CAGR of 17% during the forecast period 2022-2027: Ken Research

 Buy Now

The Asia Pacific Commercial and Industrial Robots Market is expected to record a positive CAGR of ~17% during the forecast period 2022-2027, due to the shortage of skilled labor, the emergence of smart factories, and the increase of warehouse automation in diverse industry sectors. A rise in the tendency to make online purchases is anticipated to promote the expansion in the usage of these robots in the e-commerce business, especially in logistics hubs and warehouses. Increased investment in R&D and advancements in AI, IoT, and Machine learning are creating new opportunities in the market as well. Of late, commercial robots are also getting deployed in healthcare as they are widely used for surgical procedures, sanitation, and delivering medicines.

To Know More on this report, Download free Sample Report

• The modern industrial age we live in is driven by significant advancements across diverse sophisticated technological paradigms. The field of robotics has been able to leverage the growth witnessed by AI, ML, and IoT. With annual IoT investment expected to peak at $450 billion in 2023, intelligent robots are anticipated to become widely available across different commercial and industrial sectors.
• Robots are expected to become more mobile in near future. According to the International Federation of Robotics (IFR), unit sales of Autonomous Mobile Robots (AMRs), for instance, will increase 31% annually in the logistics sector between 2020 and 2023. At the same time, the use of AMRs in public settings will quickly rise; according to IFR, yearly growth in global unit sales will be 40%.
• The need for automation is growing, and so is the significance of robots in society. They assist in reducing expenses, boosting productivity and dependability, and relieving workers of dangerous and monotonous duties.
• As a result of the present trend towards industrial robot automation and continued technological improvement, demand for industrial robots has greatly increased since 2010. Between 2015 and 2020, annual installations increased by 9% on average yearly (CAGR).
• With a significant CAGR anticipated for the projection period, China is one of the most crucial regions within the APAC geography with a fast-expanding manufacturing sector and growing usage of commercial robots.

Key Trends by Market Segment

By Product:  Articulated Product Type holds the largest share of Asia Pacific’s Commercial and Industrial Robots market.

• The automation environment is evolving as a result of autonomous mobile robots (AMRs). AMRs whiz through massive merchandise piles while transporting the newest purchases for international shipping.
• They are moving 1,000-kg payloads around a factory in place of forklifts. By transferring products from one conveyer belt to another, robots are helping production processes to become more efficient.
• In 2021, the largest share of industrial robot exports was articulated robots, followed by gantry robots.
• Collaborative robots are gaining momentum. From 2017 to 2020, the annual number of collaborative robots installed increased from 11,000 to 22,000, while the number of traditional industrial robots decreased from 389,000 to 362,000.

By Application: The Material-Handling segment accounts for the majority share of the Asia Pacific Commercial and Industrial Robots market.

• Commercial cleaning robots are one area of promise for mobile robotics, in addition to manufacturing, warehouse, and fulfillment activities. Robotic UV disinfection has become increasingly important as a result of COVID-19

By Mobility: The Mobile segment holds the largest market share in the Asia Pacific Commercial and Industrial Robots Market

• As sensors and software algorithms progress, making navigation and vision more exact, AMRs and Service robots will be able to travel in a variety of interior and outdoor locations more effortlessly.

Visit this Link Request for custom report

By End User: Electrical & Electronics holds the largest market share in the Asia Pacific Commercial and Industrial Robots Market.

• With 123,800 installations (+22% YoY) in 2021, Electrical & Electronics leads the chart among end-user industries, followed by the automobile industry with 72,600 installations (+57% YoY) and the metal and machinery industry with 36,400 installations (+29% YoY).
• In 2020, the Electrical & Electronics manufacturing sector took over as the primary user of industrial robots. To produce household appliances, electrical machinery, semiconductors, solar panels, computers, telecommunications equipment, and video and electronic entertainment products, 109,315 robots were placed into production.
• Quite significantly, in 2020, the automotive industry lost its position as the top user of Industrial robots.  The total number of annual installations it had was 79,849 units (-22% YoY). This was roughly 29,500 units less than what the electronics sector saw.

By Geography: The Asia Pacific is the world’s largest Market for Commercial and industrial Robots as the region accounted for nearly 71% of installations of Commercial and Industrial Robots in the year 2020.

• China accounted for the largest share within the World as well as the Asia Pacific for the Commercial and Industrial Robots market in 2020, accounting for more than 30% of total market revenue in the Asia Pacific and around 168,400 Robot units shipped worldwide.
• Both Japan and South Korea hold more than 14 and 11 percent market share respectively within the Asia Pacific region with around 38,653 and 30,506 units Installed.
• Although it is still a smaller market for robotics, compare to China, India is expected to witness the highest growth in the forecasted period.

Competitive Landscape

• The Commercial and Industrial Robots market is highly competitive with ~250 players which include globally diversified players, regional players as well as a large number of country-niche players having their niche in Commercial and Industrial Robots for multiple industries.
• Large global players control about 55% of the market, while regional players hold the second largest share. Some of the major players in the market include ABB, Yaskawa Electric Corporation, FANUC Corporation, KUKA AG, Kawasaki Heavy Industries Ltd., Mitsubishi Electric Corporation, Stäubli Robotics, Siasun, Robostar, and OMRON and among others.
• The leading global specialist companies such as Yaskawa, Fanuc, Kawasaki, Mitsubishi, iRobot, Robostar, and Seiko Epson are highly focused on providing significant robots for various applications that can be used across multiple industries, including Automation, Electrical and Electronics, Healthcare, and Pharmaceuticals, and more.

Ken Research has published a report title Asia Pacific Commercial and Industrial Robots Market Size, Segments, Outlook, and Revenue Forecast 2017-2027 that is segmented by Product, Application, Mobility, and End User Industries. In addition, the report also covers market size and forecasts for the region's five major countries' Commercial and Industrial Robots markets. The revenue used to size and forecast the market for each segment is USD billion.

Market Taxonomy

By Product

Articulated Robots

SCARA Robots

Linear Robots

Parallel/Delta Robots

Cylindrical Robots

Autonomous Guided Robots

Field and Service Robots

Others

By Application

Material Handling

Soldering and Welding

Assembling & Disassembling

Painting & Dispensing

Milling, Cutting, and processing

Picking and Placing

Cleaning

Others

By Mobility

Fixed

Mobile

By End User Industry

Automotive

Plastics & Chemicals

Electrical & Electronics

Metal & Machinery

Food & Beverages

Healthcare and Pharmaceuticals

Defense and Security

Retail & Hospitality

Others

By Geography

China

Japan

South Korea

India

Taiwan

Rest of Asia Pacific (Australia, Bangladesh, Brunei, Indonesia, Sri Lanka Malaysia, Philippines, Vietnam, and Others)

Europe battery recycling market is expected to record a positive CAGR of 40.0% and reach approximately US$3.5 Bn by 2027: Ken Research

 Buy Now

Battery recycling is the technique of reusing and reprocessing batteries with the goal of minimizing the number of batteries disposed of away as material waste. The Europe battery recycling market is expected to record a positive CAGR of ~40.0% during the forecast period (2022-2027) and reach approximately US$3.5 Bn by 2027, primarily driven by the depleting availability of fresh raw materials for the production of batteries which is increasingly growing in demand in both household electronics as well as industrial use. The ongoing Covid-19 pandemic has benefited the battery recycling industry as the demand for electric vehicles (EV) in the region experienced a growing trend with a remarkable rise in sales in the year 2020.

Augmenting demand from industries for batteries has in turn posed pressure on raw material production at an advanced rate. It is directly affecting the ratio proportion of the ability to produce raw materials like lithium to meet the demand for the same. This has focused the attention on recycling processes to meet up with the rise of battery requirements in industries.

To Know More about this report, Download Free Sample Report

• Lithium-ion batteries accounted for ~30% of the market in 2021 which is expected to grow at a high rate of above 40% in the coming years owing to the increase in demand from the automotive industry which is experiencing a trend of electrification of vehicles.
• Furthermore, due to growing environmental problems such as contamination of the soil, water, air, and rise in global warming, European Union is pushing for the construction of battery recycling infrastructure. All such factors are likely to enhance the battery recycling market's trajectory for growth.
• However, due to the market's uncertainty and immaturity, there are few barriers. For example, most of the electric vehicles in the market have yet not reached the end-of-life stage which raises numerous questions related to battery lifespans, collection, condition, and compatibility to recycling procedures.

• The availability of 100-200 gigawatt hours of batteries that will soon need to be retired due to their incapacity to meet the requirements for use in an EV is predicted to result from the development of EVs by 2030.

• According to the International Council on Clean Transportation, the European electric vehicle (EV) market experienced remarkable growth in 2020, posting a 143% increase in sales of passenger electric cars from 2019. The sales in 2020 made Europe the biggest EV market globally, surpassing China and the US.
• Although sales of all new cars in Europe decreased by 20%, the increase in EV sales boosted the EV share to 11%. Both battery electric vehicles (BEV) and plug-in hybrid electric vehicles (PHEV) have jumped into the air, not only in terms of market share but also in overall terms. In Germany, sales of PHEV vehicles from January to June increased from 47,584 in 2019 to 93,848 in 2020. Similar trends were observed across other countries in Europe.

Key Trends by Market Segment

By Source:  Automotive batteries source holds the largest share of Europe’s battery recycling market.

• Increasing adoption of batteries in the automotive sector for electric vehicles has increased the number of waste batteries from the sector in turn opening opportunities for extracting valuable metals from the product for further usage.
• Lead oxide paste, solid sponge lead, and sulfuric acid make up the battery's chemical composition. These three compounds are made to chemically react with one another to create a current flow.
• The metals attained after the recycling includes stainless steel, lead, nickel, lithium, and others.
• For instance, in November, 2020, BMW and Off Grid Energy formed a partnership with a purpose of finding solutions to sustainable second-life for the end-of-life electric and hybrid models of BMW.

By Chemistry: Lead-acid battery chemistry segment accounts for the majority share of the Europe Battery Recycling Market.

• Due to the rising energy costs of pyrometallurgical lead recovery, the associated CO2 emissions, and the dire health effects from lead-to-air emissions, it is becoming increasingly necessary to develop novel procedures to recover lead from end-of-life lead-acid batteries.

• For instance, in September, 2022, Recyclus receives an approval for a new battery recycling facility. The company will be able to disassemble lead-acid batteries at a facility in Tipton (U.K.) and find new Chemistries for its component parts. The decision will enable the business to manually recycle lead-acid batteries, such as those that are frequently seen in automobiles.

By Recycling Methods: The pyrometallurgy segment holds the largest market share in the Europe Battery Recycling Market as trusted and widely used method in the region.

• In June, 2022, Aurubis, a German company had begun its construction of a recycling plant in Augusta, Georgia. The plant will recycle up to 90,000 tons of cables, circuit boards, and electronics into blister copper and other metals preferably through the pyrometallurgy recycling method.
• The hydrometallurgy segment is expected to grow at a faster rate during the forecast period, as with hydrometallurgical battery recycling, more elements with a high purity grade can be recovered while using less energy and emitting no emissions into the atmosphere.

By End-User: Consumer electronics end-user segment holds the highest market share in the European battery recycling market.

• Battery usage is rapidly rising due to the rise in energy demand for electric and electronic consumer gadgets, and as a result, more materials are being used that will result in an increase in the long-term production of hazardous waste.
• According to the CEO of SolidEnergy, new lithium metal batteries might double the lifespan of smartphones, drones, and electric vehicles.
• In the absence of suitable legislation and technological solutions that make battery recycling practicable and cost-effective, electronic and electrical gadgets, as well as lithium-ion batteries, have been abandoned at the end of their useful lives which is promoting the need for recycled batteries in the industry.

Visit this Link Request for a custom report

By Geography: Germany accounts for the largest share of the total Europe battery recycling market, accounting for a significant share of total market revenue due to rising government regulations on the same.

• Sweden is expected to have the second highest CAGR after rest of Europe during the forecast period, due to the increasing adoption of electric battery buses in the country due to government support from the European Environment Agency.
• Gothenburg in Sweden is home to various electric vehicle manufacturers like Stena Recycling and more who are taking initiatives in electric vehicle market and in turn promoting battery recycling.
• The battery recycling market in Spain is also expected to grow significantly in the coming years, as EV incentive schemes launched by the government of Spain like Renove, is expected to boost its adoption in the country and will benefit the battery recycling market.
• France is supporting the adoption of electric vehicles through making it a convenient option to drive, for example, set up of approximately 30,000 charging points across the country. It is therefore increasing the demand for EVs as well lithium-ion battery.

Competitive Landscape

• The battery recycling market is highly competitive with ~100 players which include globally diversified players, regional players as well as a large number of country-niche players having their own niche in battery recycling. Most of the country-niche players are renewable energy and equipment suppliers.
• Large global players control about 40% of the market revenue, while regional players hold the second largest share in the market revenue. Some of the major players in the market include Accurec Recycling GmbH, Umicore, Volkswagen Group, BASF Group, REDUX Recycling GmbH, Li-Cycle, Saft Groupe SA, SNAM, Stena Recycling, Erament, Glencore, Hydrovolt and others. The leading global specialist companies such as REDUX Recycling GmbH and Accurec Recycling GmbH, are highly focused on battery recycling.

Recent Developments Related to Major Players

• BASF is reported to be building a facility, slated to start in 2024 that would disassemble and shred batteries to create black mass. By the middle of the decade, the corporation also intends to construct a hydrometallurgical refinery on a commercial scale in Europe. The materials would then be sent back to BASF's battery cathode materials factory in Schwarzheide, which is expected to begin manufacturing by the end of the year.
• In July, 2022, Nyobolt Limited (UK) and H.C. Starck Tungsten Powders (Germany), have signed an agreement which will enable new Chemistrys into automation (robotics), industrial vehicles, consumer appliances, mobile rapid charging, stationary storage, and cordless.
• Ford stated that it was thinking about implementing LFP (lithium iron phosphate) in 2021, mostly for commercial purposes. The company revealed a significant supply agreement with China's CATL in July 2022, with the supply of LFP cells set to start in 2023.
• In November 2021, a preliminary lithium supply agreement was inked by German-Australian Company Vulcan with automaker Stellantis (STLA.MI), shortly after a similar agreement was reached with Renault (RENA.PA), amid a boom in demand for electric vehicles.
• Around 2027, Stora Enso (Finland) and Northvolt will make batteries out of sustainable wood. Hard carbon with lignin as its base will be used in the process and will be manufactured with wood in Nordic greens.
• Started in June 2022, GigafactoryX is being built by Clean Power Source S.A. (ICPT). The investment will increase the company's manufacturing capacity from its present 1 MWh per day to up to 5 GWh annually. Lithium-ion cells with LTO, LFP, and NMC chemistry will constitute the basis of all battery systems. Production is expected to begin in 2024.

Conclusion

The Europe Battery Recycling Market is forecasted to continue an exponential growth that is witnessed since 2017, primarily driven by rising demand for electric vehicle and escalating environmental issues arising from carbon emissions. Though the market is highly competitive with around 100 participants, few global players control the dominant share and regional players also hold a significant share.

Ken Research has published a report title Europe Battery Recycling Market Size, Segments, Outlook and Revenue Forecast 2022-2027 that is segmented by Source, Chemistry, Recycling Methods, and End-User. In addition, the report also covers market size and forecasts for the region's six major countries' battery recycling markets. The revenue used to size and forecast the market for each segment is US$ million.

Market Taxonomy

By Source

Automotive Batteries

Industrial Batteries

Consumer Electronic Appliance Batteries

By Chemistry

Lithium-ion

Lead-acid

Nickel

Others

By Recycling Methods

Hydrometallurgy

Mechanical Processes

Pyro metallurgy

Direct Recycling

By End-User

Transportation

Industrial

Consumer Electronics

By Geography

Germany

UK

Italy

France

Spain

Sweden

Rest of Europe (Norway, Finland, Netherland, Denmark, Portugal, others)