Wednesday, May 24, 2023

Global Metabolomics Industry is expected to reach a market size of ~US$ 5 billion by 2028: Ken Research

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What Is the Size of Global Metabolomics Industry?

Global Metabolomics market is growing at a CAGR of ~% in 2017-2022 and is expected to reach ~USD 5 Bn by 2028. The Metabolomics Market is largely driven by rising focus on innovative approaches with significant potential due to the rise in life-threatening diseases like cancer neurological conditions, and coronary heart disease.

Another factor promoting metabolomics market expansion is the combination of metabolomics and machine learning (ML). Nuclear Magnetic Resonance (NMR) and Multiple sclerosis (MS) data can be accurately interpreted with the use of machine learning (ML), which also automates employment, and complex.

A variety of heterogeneous data is generated by metabolomics techniques, and interpreting such data can be difficult and complex. Any analytical method cannot be used to analyze the data due to the chemical diversity of small molecule metabolites. The prosperity of the market as a whole is being impeded by all of such factors. The metabolomics market has a potential impact from COVID-19. As a result of the utilization of metabolomics in research to understand COVID-19 diseases.

Global Metabolomics Market By Product & Services

The Global Metabolomics market is segmented by Product & services type into Metabolomics Instrument and Metabolomics bioinformatics tools & services. The Metabolomics Instrument by Product and Services dominated the market in 2022, due to the extensive utilization of market products in research activities around the world in the disciplines of medicine, nutraceuticals, and metabolomics.

The growth is attributed to the rapid acceptance of metabolomics and smooth technological operations, which leads to increased workflow efficiency, precision, dependability, and data processing.

During the forecast period, factors such as the technical improvements in analytical instruments in terms of miniaturization, automation, and computerization, and the improvement of healthcare infrastructure in developing countries for effective illness detection and treatment are anticipated to drive the growth of the segment.

Global Metabolomics Market By Indication

The Global Metabolomics market is segmented by Indication into Cancer, Cardiovascular Disorders, Neurological Disorders, Inborn Errors of Metabolism, Metabolic Disorders and Others. The Cancer segment accounted for the highest market share in 2022, owing to the rise in cancer incidence around the globe and the expansion of oncological research projects.

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According to World Health Organization (WHO), in February 2022 stated that Cancer is the leading cause of death throughout the world, accounting for nearly 10 million deaths in 2020, or nearly one in each six. According to the American Cancer Society, in 2021, there will be an estimated 1.9 million new cancer cases diagnosed and 608,570 cancer deaths in the United States.

Global Metabolomics Market By Application

The Global Metabolomics market is segmented by Application into Biomarker Discovery, Toxicology, Nutrigenomics, Personalized Medicine, Drug Discovery, Functional Genomics and Other. Biomarker Discovery accounted for the highest market share in 2022 owing to the worldwide increase in the prevalence of chronic diseases such as Cancer, Chronic Obstructive Pulmonary Disease (COPD), and Arthritis.

The market's bigger contribution to the discovery of new biomarkers is also driven by extensive oncological research with a preference for the study of such markers and their application in the treatment of cancer. Metabolic biomarkers are rapidly being utilized to assess patients' pathophysiological health conditions. Metabolomics has evolved in recent years into a crucial tool for identifying biomarkers as a result of major technological advancements.

Market Taxonomy

By Product and Services

  • Metabolomics Instrument
  • Metabolomics bioinformatics tools and services

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By Indication

  • Cancer
  • Cardiovascular Disorders
  • Neurological Disorders
  • Inborn Errors of Metabolism
  • Metabolic Disorders
  • Others

By Application

  • Biomarker Discovery
  • Toxicology
  • Nutrigenomics
  • Personalized Medicine
  • Drug Discovery
  • Functional Genomics
  • Other

By Geography

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

Key Players

  • Agilent Technologies, Inc.
  •  
  • Shimadzu Corporation
  • Waters Corporation
  • Bruker
  • Human Metabolome Technologies Inc
  • Thermo Fisher Scientific
  • LECO Corporation
  • Metabolon INC
  • PerkinElmer Inc.

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

Global Metabolomics Market

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Global Automotive Electronic Control Unit (ECU) Market is expected to reach ~USD 75 Bn by 2028F: Ken Research

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Global Automotive Electronic Control Unit (ECU) Market By End-User

The Global Automotive Electronic Control Unit (ECU) market is segmented by End-User into OEM and Aftermarket.

OEM segment accounted for the largest market share in the Global Automotive Electronic Control Unit (ECU) market in 2022.

Auto parts OEMs are directly associated with the vehicle manufacturers in supplying the original equipment as per the design standards and compatibility. The OEM automotive ECUs tend to be highly compatible as compared to aftermarket products because the OEMs form an agreement to supply their products for a specific vehicle model and even for all of the vehicle models of automotive manufacturers. Although OEM ECUs are expensive as compared to aftermarket ones, most vehicle manufacturers and service centers recommend using OEM parts as standard.

Global Automotive Electronic Control Unit (ECU) Market Forecast

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Global Automotive Electronic Control Unit (ECU) Market By Geography

The Global Automotive Electronic Control Unit (ECU) market is segmented by geography into North America, Europe, Asia- pacific and LAMEA.

Asia-Pacific region accounted for the largest share of the Global Automotive Electronic Control Unit (ECU) in 2022.

Asia Pacific region has been witnessing a huge demand for hi-tech in-vehicle infotainment and communication services. Several emerging economies in the region including China, India, South Korea, Indonesia, and Thailand, are expected to witness huge opportunities in the automotive sector owing to a large population, increasing disposable income, and rising demand for safety features and luxury vehicles.

Japan, China, and India among other countries have already initiated the production of electric vehicles, which is further expected to fuel the market growth in the region. The rise in the production of electric vehicles is further backed up by stringent governmental and environmental mandates to reduce carbon emissions levels.

Competition Scenario In Global Automotive Electronic Control Unit (ECU) Market

The Global Automotive Electronic Control Unit (ECU) Market is highly competitive with ~100 players that include globally diversified players, regional players as well as country-niche players.

Regional players comprise ~55% of the competitors, while the global players comprise the second highest of the total number of competitors. Some of the major players in the market include Veoneer Inc, Asentec Co Ltd, Robert Bosch GmbH, ZF Friedrichshafen AG, Continental AG, Denso Corporation, Hella KGaA Hueck & Co. (HELLA), Sensata Technologies, Mitsubishi Electric, Sumitomo Electric Industries Ltd, Magneti Marelli, and Aptiv, among others.

The leading automotive electronic control unit (ECU) companies such as Denso Corporation, Mitsubishi Electric, and Veoneer Inc are highly focused on strategic developments related to automotive ECUs such as product launches, technical product development, collaboration, acquisition, and others to hold their position in the market.

What Is The Expected Future Outlook For The Overall Global Automotive Electronic Control Unit (ECU) Market Across The Globe?

The Global Automotive Electronic Control Unit (ECU) market was valued at USD ~billion in 2022 and is anticipated to reach USD ~75 billion by the end of 2028, witnessing a CAGR of ~% during the forecast period 2022-2028. The realistic growth scenario represents the most likely scenario as per current market conditions. This scenario assumes that there will be no overall impact on the market due to any potential COVID-19 waves in the future.

The Global Automotive Electronic Control Unit (ECU) market is driven by the rising trend of adopting integrated ECUs, growing demand for luxurious cars and innovation in the electric vehicle segment, and growing popularity of ADAS, parking assistance, AEB, and ACC features. Moreover, government mandates to reduce fuel usage also boost the automotive electronic control unit market growth. However, the market is also constantly being influenced by rapid development in technology, product innovation, and diversification in some countries.

With the increasing collaboration and emergence of new products, the Global Automotive Electronic Control Unit (ECU) market is changing rapidly. For instance, In November 2021, Robert Bosch invested Euro 400 million to expand its wafer fabrication facilities in Germany and its semiconductor operations in Malaysia.

This investment is aimed to lower the shortage of semiconductor chips that the automotive industry has been recently facing.

In August 2020, Veoneer, Inc, and Qualcomm Technologies, Inc collaborated to deliver the highly scalable ADAS, collaborative and autonomous driving-based solutions to auto manufacturers using Veoneer’s next-generation perception and driving policy software stack and Qualcomm’s Snapdragon Ride ADAS/AD of SoC’s and accelerators.

In January 2019, ZF Friedrichshafen AG, a Germany-based auto parts supplier launched an ECU comprising self-driving capabilities that are using the chips made by Xilinx Inc. Its ECU caters to transmission and is mostly targeted to traditional automakers and ride-hailing companies.

The Global Automotive Electronic Control Unit (ECU) Market is forecasted to continue a positive growth, primarily driven by the rising trend of adopting integrated ECUs, growing demand for luxurious cars and innovation in the electric vehicle segment, and growing popularity of ADAS, parking assistance, AEB, and ACC features. APAC is expected to remain the dominant region throughout the forecast period owing to the emerging automotive hub in terms of production as well as consumption. Though the market is highly competitive with ~100 participants, global players control the dominant market share.

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Major Players Mentioned in the Report

  • Veoneer Inc
  • Asentec Co Ltd
  • Robert Bosch GmbH
  • ZF Friedrichshafen AG
  • Continental AG
  • Denso Corporation
  • Hella KGaA Hueck & Co. (HELLA)
  • Sensata Technologies
  • Mitsubishi Electric
  • Sumitomo Electric Industries Ltd
  • Magneti Marelli
  • Aptiv

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Notable Emerging Companies Mentioned in the Report

  • MotoLink
  • Kendrion N.V.
  • MicroAutotech
  • Embitel
  • Napino Auto & Electronics Ltd.

Key Target Audience – Organizations and Entities Who Can Benefit by Subscribing This Report

  • Automotive Electronics Manufacturers
  • Semiconductor IP Suppliers
  • Semiconductor Chip Manufacturers
  • SoC and Hardware Suppliers
  • Vehicle Manufacturers
  • Auto Component Manufacturers
  • Government & Regulatory Authorities of Automotive Industry
  • Automotive Research institutes
  • PCB Designers and Manufacturers
  • Material Suppliers for ECUs
  • Components Suppliers for ECUs
  • Automotive Retailers
  • Investors in Automotive Industry
  • Software Developers & EV Component Manufacturers
  • Automotive OEMs
  • Start-ups & Incumbents in Automotive Electronics
  • Automotive Testing & Inspection Companies
  • Company Research and Development Institutes
  • Market Research & Consulting Firms
  • Banking and Financial Service Providers

Period Captured in the Report

  • Historical Period: 2017-2021
  • Forecast Period: 2022E-2028F

For More Insights On Market Intelligence, Refer To The Link Below: –

Global Automotive Electronic Control Unit (ECU) market

Middle East Catering Market Is Growing At A CAGR Of ~% In 2017-2022 And Is Expected To Reach USD ~ Bn By 2027 – Ken Research

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What Is The Size Of Middle East Catering Industry?

The Middle East Catering Market is largely driven by urbanization and changing lifestyles. There has been a change in the demand for catering services in recent years, supported by the quickly developing business-to-business (B2B) events sector and food and beverage services being offered at a growing number of corporate events. Furthermore, the market for catering services is growing because of factors including hectic lifestyles and difficulties associated with cooking at home.

The growing preference among customers for fresher, healthier foods is boosting the worldwide catering services market. The catering service operators have shifted their emphasis to providing healthier meals made in-house using fresh ingredients. The market is expanding because of the increased focus on implementing technology to enhance the customer experience and minimize time spent waiting for food.

Middle East Catering Market

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Middle East Catering Market by service type

The Middle East Catering Market is segmented by service type into contractual and non-contractual. There is a preference towards the contractual catering service segment as contract catering has emerged as a cost-effective way of managing food services in a very less stressful manner for various events. Owing to this, contract catering is being rapidly adopted across diverse sectors, including education, corporate, healthcare, defense, sports, senior care, aerospace, etc.

Middle East Catering Market By End User

The Middle East Catering Market is segmented by end-user type into healthcare, corporates, education, and hospitality, industrial, in-flight and others. The event sector has the largest share as events and function happens in all the other sectors and they need catering services.

Middle East catering MARKET by region

The Middle East Catering Market is segmented by region into Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, United Arab Emirates, and Yemen. The UAE has the largest share in all the region owning to hectic lifestyle, urbanization, taste and preferences.

Middle East catering Market by basis of applications

The Middle East Catering Market is segmented by basis of applications type into wedding caterings, corporate caterings, social events catering and others.

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Key Target Audience – Organizations and Entities Who Can Benefit by Subscribing This Report:

  • Airline Catering Companies
  • Fine Dining Caterers
  • School Caterers
  • Hotels
  • Industrial Caterers
  • Government Bodies
  • Facility Management Companies
  • Industries
  • Schools
  • Hospitals

Time Period Captured in the Report:

  • Historical Year: 2017-2022
  • Base Year: 2022
  • Forecast Period: 2022– 2027

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

Middle East Catering Market

The US Medical Devices Market is poised to surge to over $200 Bn by 2027 owing to 5G Tech & fashion trends picking up pace. Will projections justify the growth rate? : Ken Research

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1. “Technology to be the way ahead:” Technological trends are going to take up a huge space in the US Medical device market in the long run.

US Medical Devices Market

Technological Trends in US Medical Device Market

Going with the trends, US Medical Device market has come a long way in implementing technology in its infrastructure. The future too seems to move forward in the same way. Trends such as cybersecurity, 5G Technology, AI & Machine learning are going to witness advancement & further implementation in the medical device market in US. Moreover, the technological aspect is anticipated to not only benefit the US market but also help in the humanitarian assistance provided by the country around the world. For instance, the U.S. government is working with AdvaMed and its member companies on medical technology equipment and supply donations for humanitarian aid and recovery after the devastating earthquakes in southeast Turkey and northern Syria. All in all, the market is poised for a robust growth in the upcoming years.

2. “Fashion trends to witness partnership with healthcare:” Rising demand for cosmetic surgeries are expected to benefit the medical device industry trends.

US Medical Devices Market

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Cosmetic surgery trends are experiencing an upsurge as a result of Hollywood fashion trends & influencers witnessing a peak in the recent years. The industry is expected to have a positive impact on the medical device market in US in the upcoming years. With cosmetic procedure industry growing at a CAGR of 7%, more devices will be demanded as a result of which the market will be growing steadily. According to The Aesthetic Surgery Society, surgical procedures increased by 54% in the U.S. alone in 2021. In Canada, the leading cosmetic surgery procedures are botox and rhinoplasty with over 18,100 and 10000 searches on the procedures, respectively.

Time Period Captured in the Report:

  • Historical Period:2017- 2022
  • Base Year: 2022
  • Forecast Period: 2022-2027

Key Target Audience:

  • Hospital
  • ASC
  • Clinics
  • Government Agencies
  • Distributors

Companies Covered:

  • Abbott
  • Johnson & Johnson
  • Beckton
  • 3M Company
  • General Electric
  • Stryker

Cardinal Health

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

US Medical Devices Market

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KSA Medical Devices Market Outlook to 2026

Philippines Medical Devices Market Outlook to 2023

Malaysia Cold Chain revenue to cross USD 100 Mn by 2026- What factors will help it reach there? Ken Research

 The Malaysia Cold Chain market is in the Growth stage. Next generation supply chains in Malaysia are utilizing robotics and automation to perform tasks such as picking, sorting, inspecting, handling to improve overall efficiency and speed to market. The National E-Commerce Strategic Roadmap (NESR) is focused to accelerate the development of e commerce activities and position Malaysia as a regional e-fulfilment hub in the near future.

1. Emerging Technologies in Malaysia Cold Chain Market - RFID Tags, WMS and EDI

Benefits of RFID

                        Top 5 Funded cold chain Companies Malaysia

Automation in cold chain Industry: Click here

RFID (radio frequency identification) tagging enables asset remote diagnostics in real time, integration & communication between all  processes & tangibles. Exponential adoption growth in Malaysia warehouse operations expected. Providers are SATO, Spritvest Sdn Bhd.

Warehouse Management Systems include inventory & process management, risk assessment, space & location optimization, automated documentation & renewal and many other applications. Its providers are Ramco, Netsense and V Tech.

Electronic Data Interchange includes the computer-to-computer exchange of business documents between trading partners. This maximizes data security around information transfers.

2. Government’s initiatives including the ‘National Transport Policy’ and ‘Twelfth Malaysia Plan’ helping Malaysia expand its logistics infrastructure

                   Malaysia Cold Warehouse Start-ups Funds Raised

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  • National Transport Policy: The government wants to enhance the integration, connectivity & accessibility for seamless journey by 2030. Also, the aim is to expand global footprint by promoting internationalization of transport services.
  • Twelfth Malaysia Plan: The Government plans to transform logistics services by centralizing the planning and development of logistics hubs, accelerating digital adoption and encouraging mergers and acquisitions among industry players. A national regulatory framework for warehousing is to be formulated.

3. Warehouses Utilizing U-Flow Warehouse Design to Optimize Smaller Spaces and Maximize Efficiency – what are its advantages?

                                  Malaysia cold transportation Industry Investment

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  • U Flow layouts are great for optimizing smaller spaces and maximizing efficiency.
  • Since the U Flow is a one-way in and one-way out option, it means that the shipping and receiving trucks can share the same side of the building, each having its own dock.
  • A receiving truck pulls up to the dock, the employees pull the items off the truck and move it the central inventory location for sorting.
  • Meanwhile, on the other end of the “U,” the shipping truck gets loaded with goods to head out to their destination. Work is occurring simultaneously.
  • Plus, shipping and receiving within close proximity to one another means employees can easily move goods from one truck to another with ease and speed.

The Global Cold Chain Market Is Anticipated To Reach USD ~Billion By The End Of 2027 – Ken Research

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Global Cold Chain Market by geography

The Global Cold Chain market is segmented by geography into North America, Europe, Asia- pacific and LAMEA.

While globalization has made the relative distance between regions of the world much smaller, the physical separation of these same regions is still a very important reality. The greater the physical separation, the more likely freight can be damaged in one of the complex transport operations involved. Some goods can be damaged by shocks, while undue temperature variations can damage others.

To ensure that cargo does not become damaged or compromised throughout this process, businesses in the pharmaceutical, medical and food industries are increasingly relying on the cold chain.

Free photo interior of large distribution warehouse with shelves stacked with palettes and goods ready for the market

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Competition Scenario in Global Cold Chain Market

The Global Cold Chain Market are highly competitive with ~500 players which include globally diversified players, regional players as well as a large number of country-niche players each with their niche in Cold Chain. Large global players constitute ~20% of competitors, while regional players represent the second largest number of competitors. Some of the major players in the market include Agro Merchants Group LLC, Americold Logistics, Lineage Logistics LLC, Nichirei Corporation, Burris Logistics Inc., Kloosterboer Group B.V., Henningsen Cold Storage, VersaCold Logistics, Cold Chain Technologies Inc., Hanson Logistics, Trenton Cold Storage, United States Cold Storage, Tippmann Group, Swire Cold Storage Ltd., and Nova Cold Logistics, and others.

What is the Expected Future Outlook for the Overall Global COLD CHAIN Market Across the globe?

The Global Cold Chain market was valued at USD ~billion in 2022 and is anticipated to reach USD ~billion by the end of 2027, witnessing a CAGR of ~% during the forecast period 2022-2027. The realistic growth scenario represents the most likely scenario as per current market conditions. This scenario assumes that there will be no overall impact on the market due to any potential COVID-19 waves in the future.

The Global Cold Chain market is driven by growing adoption of process automation across numerous industries, including automotive, energy utilities, and chemicals.

The cold chain market is expected to be fueled by increasing demand for temperature-controlled products in the country, the entry of several new players, and government initiatives and programs. Several cold chain operators are expanding their operations and setting up many new cold storage facilities to meet the high and growing demand for cold storage, giving a significant boost to the cold storage industry globally.

With the changing landscape of e-commerce and increased demand for online grocery delivery services, the future of cold chain logistics looks bright.

Logistics providers are constantly searching for new technologies that will not only improve operations, but help give their business a competitive edge. With customers also demanding greater efficiencies at increasingly lower costs, there is now an even greater push in the cold chain market to find and adopt new technology. In today’s market, providers can’t afford not to be forward-thinking.

Any changes in the supply chain regarding time, temperature, distance, environmental conditions result in the decline of the net present value of the products.

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Key Target Audience – Organizations and Entities Who Can Benefit by Subscribing This Report

  • Banks and its Subsidiaries
  • Cold Chain Facilities Providers
  • Frozen products Distributors
  • Refrigerator Space Manufacturers
  • FMCG Distributers
  • FMCG Companies
  • Global Cold Chain Companies
  • Technology Companies
  • Tourism Agencies
  • Government Bodies & Regulating Authorities

Time Period Captured in the Report

  • Historical Period: 2017-2022
  • Base Period: 2022
  • Forecast Period: 2022-2027

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

Global Cold Chain Market

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Middle East Post-Acute Rehabilitation Market is expected to cross USD 120 Bn by 2027. Will Middle East countries support the market to stand on this expected figure by 2027? Ken Research

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1. Growing Middle East population and increased life expectancy of both females and males

Growing Middle East population

Click to know: Major Trends and Developments in Middle East Post-Acute Rehabilitation Market

The percentage of the population over the age of 65 in the Middle East and Northern Africa (MENA) is estimated at 4.7% (of a total population of 336 Mn) according to the World Bank 2012 report. The range varies from under 2% in the United Arab Emirates (UAE) to ∼10% in Lebanon.

Many seniors remain mobile and independent well into their golden years. In other situations, though, conditions like balance problems and strokes, or the injuries caused by accidents like falls can create a dynamic that requires physical therapy or rehabilitation.

In these cases, extended care is typically necessary, and may be the only way a person can get back to health and continue to live independently. With growing Saudi population and increased life expectancy of both females and males, it is expected that need of post-acute rehabilitation is immense.

2. Recent Mergers and Acquisitions

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Amanat Holdings, a Dubai-based education and healthcare investment company, on 19/12/2022 announced the creation of the largest pan-GCC post-acute care platform, following the merger of Sukoon International Holding Company with Cambridge Medical and Rehabilitation Centre (CMRC) through a non-cash share swap. Amanat boosts exposure to Saudi acute care market with $232 Mn Cambridge Medical deal.

The all-new 60-bed facility is one of a kind and located between Dhahran and Al Khobar. CMRC Saudi Arabia is fully equipped with the state-of-the-art medical equipment having a modern facility thereby enabling it to provide unique services more accessible and certainly will help patients requiring Continuum of Care for post-acute conditions, and rehabilitation services to make substantial improvements in their quality of life through multidisciplinary rehabilitative therapies including physiatry, physiotherapy, occupational therapy, speech and language therapy, and psychological therapy.

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3. Ease of Scalability and Localization

Strong local demand, favourable regulatory ecosystem and ability to provide cost competitive services create scope for localizing post-acute rehabilitation services in KSA. KSA has a competitive cost advantage in providing healthcare services over regional peers: ~15% lower costs for specialized staff, ~10% lower costs for rentals and purchase of land and ~15% lower CAPEX for healthcare equipment.

Saudi Commission for Health Specialties (SCFHS) is working to develop healthcare standards through designing and organizing health training programs; promote medical research and education; and achieve sustained professional development in the KSA.

Tuesday, May 23, 2023

Global Agriculture Equipment Market Outlook to 2027: Ken Research

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Global Agriculture Equipment Market By Region

Global agriculture equipment market is segmented by North America, Europe, Asia Pacific and LAMEA. Based on the region, the Asia Pacific dominated the global agriculture equipment market in 2021, in terms of revenue and is estimated to sustain its dominance during the forecast period. The increased awareness regarding benefits of technologies amongst farmers and favourable government policies have significantly fostered the growth of the agriculture equipment market in North America. Moreover, developed infrastructure and the presence of numerous market players have exponential contributions in the market growth.

Global Agriculture Equipment Market Outlook

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Competition Scenario in Global Agriculture Equipment Market

The Global Equipment Market is fragmented and has high intensified competition within industry players. The top ten competitors in the market made up to one third of the total market in 2020. Major players in the market include Deere & Company, AGCO Corporation, Agro Centre ESCORTS and Mahindra are the key players in Global Dental Services Market. The market is largely driven by growing awareness about modernized agriculture equipment among people along with the rising income of farmers.

What Is The Expected Future Outlook For The Overall Agriculture Equipment Market Across The Globe?

The Global agriculture equipment Market was valued at USD ~billion in 2022 and is anticipated to reach USD ~billion by the end of 2027, witnessing a CAGR of ~% during the forecast period 2022-2027. The realistic growth scenario represents the most likely scenario as per current market conditions.

The Global Agriculture Equipment Market is driven owing to growing awareness about technical advancements benefits in the farming industry among farmers, the rising global food demand, and rising population. However, the market is also constantly being influenced by rapid development in technology, product innovation, and diversification in some countries.

Global Agriculture Market is expected to extend significant development during the upcoming years attributable to the rising disposable income. The Global agriculture equipment market is expanding at significant rate, as a result of the increasing urbanization and rising standard of living.

Additionally, Global share of the Agriculture Equipment Market will increase as a result of increasing population throughout the globe, increasing mechanization in the agriculture sector coupled with the surge in farmers’ income.

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Major Players

  • AGCO Corporation
  • FlieglAgro-Center GmbH
  • Agromaster
  • Amazone Inc.
  • APV GmbH
  • Bellota Agrisolutions
  • CLAAS KGaAmbH
  • CNH Industrial N.V.
  • Deere & Company
  • Escorts Limited
  • HORSCH Maschinen GmbH
  • ISEKI & Co., Ltd.
  • J C Bamford Excavators Ltd
  • Quivogne CEE GmbH (Kiwon RUS LLC)
  • Rostselmash
  • KRUKOWIAK
  • KUBOTA Corporation
  • KUHN SAS
  • LEMKEN GmbH & Co. KG
  • Mahindra & Mahindra Ltd.
  • MascarSpA
  • MaschioGaspardo S.p.A
  • MaterMacc S.p.A
  • Morris Equipment Ltd
  • SDF S.p.A.
  • Tractors and Farm Equipment Limited (TAFE)
  • Väderstad AB
  • Valmont Industries, Inc

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Key Target Audience – Organizations and Entities Who Can Benefit by Subscribing This Report

  • Farm Machinery Providers
  • Agriculture Equipment Distributors
  • Agriculture Equipment Manufacturers
  • Government Bodies & Regulating Authorities
  • Existing Farm Services providers
  • New Market Entrants
  • Investors

Time Period Captured in the Report

  • Historical Period: 2017-2022
  • Base Year: 2022
  • Forecast Period: 2022-2027

For More Insights On Market Intelligence, Refer To The Link Below: –

Global Agriculture Equipment Market

Related Reports by Ken Research:-

France Agriculture Equipment Market Outlook to 2027F

Germany Agricultural Equipment Market Outlook to 2027F

Global Edge Computing Market is growing at a CAGR of ~16% during the forecast period (2022-2028): Ken Research

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Global Edge Computing Market By Geography

The Global Edge Computing market is segmented by geography into North America, Europe, Asia- pacific and LAMEA. North America segment held the largest market share in 2022, The convergence of IIoT and edge computing is creating favorable conditions for manufacturers in the USA to transition to connected manufacturing.

Several startups have also emerged to provide platforms for building edge-enabled solutions, which are expected to help the regional market's growth. For instance, the MobiledgeX Early Access Program was developed in cooperation between Telus Communications and MobiledgeX, Inc. The software has made it possible for programmers to create, test, and evaluate the effectiveness of edge-enabled apps in a low-latency setting.

Competition Scenario In Global Edge Computing Market

The global edge computing market is highly competitive with ~200 players which include globally diversified players, regional players, and country-niche players with their niche in the edge computing market.

County-niche players constitute ~45% of the market, while the regional players are the second largest by type. Some of the major players in the market include General Electric Company, IBM Corporation, Intel Corporation, Microsoft Corporation, SAP SE, Amazon Inc., Huawei Technologies Co. Ltd., Hewlett Packard Enterprise Development, Honeywell International Inc., Google LLC, and others.

What is the Expected Future Outlook for the Overall Global Edge Computing Market Across the globe?

The Global Edge Computing market was valued at USD ~8 billion in 2022 and is anticipated to reach USD ~ 20 billion by the end of 2028F, witnessing a CAGR of ~% during the forecast period 2022-2028F. The realistic growth scenario represents the most likely scenario as per current market conditions. This scenario assumes that there will be no overall impact on the market due to any potential COVID-19 waves in the future.

The Global Edge Computing market is driven by the rollout of 5G and the rising demand for decentralized data processing capability. However, the market is also constantly being influenced by rapid development in technology, product innovation, and diversification in some countries.

Global Edge Computing Industry

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With the increasing collaboration and emergence of new products, the Global Edge Computing market is changing rapidly. For instance, In June 2022, SixSq announced their continued collaboration to provide Nuvla Marketplace users with intelligent sound-embedded software that can analyze particular sounds in any situation. The unique sound processing technology from Securaxis can now be purchased, deployed, and managed much more easily thanks to this agreement.

In May 2022, Litmus and Google Cloud collaborated to create the Manufacturing Connect platform, which simplifies the hard operation of collecting data from different industrial equipment and exposing it to Google Cloud data and Al applications. A factory edge platform called Manufacturing Connect is designed specifically to accommodate more than 250 machine communication protocols right out of the box. For advanced analytics and Al, data is organized, stored locally, and transmitted to Google Cloud. For closed loop Al, the platform can manage and deploy machine learning and AI models at the edge.

The global edge computing market is forecasted to continue the growth that is witnessed since 2017, edge computing is a method that handles data processing at the network's edge. For instance, a mobile phone might be an edge device in the telecom industry. As a result, every device that produces data near the network's edge serves as an edge device. The primary drivers of the growth of the worldwide edge computing market include variables like the rise in the number of intelligent apps and the increased global strain on cloud infrastructure. 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.

Market Taxonomy

By Component

  • Hardware
  • Software
  • Services

By Application

  • IIoT
  • Remote Monitoring
  • AR/VR
  • Content Delivery
  • Others

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By End-User

  • Manufacturing
  • Energy & Utility
  • Healthcare
  • Telecommunications
  • Retail
  • Others

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)

Leading Companies

  • General Electric Company
  • IBM Corporation
  • Intel Corporation
  • Microsoft Corporation
  • SAP SE
  • Amazon Inc.
  • Huawei Technologies Co. Ltd.
  • Hewlett Packard Enterprise Development
  • Honeywell International Inc.
  • Google LLC

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

Global Edge Computing Market

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Global Carbon Fiber Composites is anticipated to reach USD ~35 billion by the end of 2028 – Ken Research

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Global Carbon Fiber Composites Market By Geography

The Global Carbon Fiber Composites market is segmented by geography into North America, Europe, Asia- pacific and LAMEA.

Asia Pacific accounted for the largest market share within the global Carbon Fiber Composites market in 2022, owing to the surging aerospace and defense industry.

According to Stockholm International Peace Research Institute, an independent international institute, in April 2022, total global military expenditure increased by 0.7% in real terms in 2021, to reach US$ 2113 billion. The five largest spenders in 2021 were the USA, China, India, the UK, and Russia.

As per Boeing, an aircraft industry company, in September 2021, forecasts that China’s airlines will require 8,700 new airplanes by 2040, valued at US$ 1.47 trillion.

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Competition Scenario in Global Carbon Fiber Composites Market

The global carbon fiber composites market is significantly competitive with ~120 players which include globally diversified players, and regional players as well as a majority number of country-niche players having their niche in carbon fiber composites manufacturing for multiple raw materials and serving different industries.

Country-niche players account for the largest share by competitor type. While large global players constitute ~10% of the competition. Some of the major players in the market include Toray Industries Inc, Mitsubishi Chemical Corporation, Hexcel Corporation, Teijin Limited, SGL Carbon, Hyosung Advanced Materials, Solway, Nippon Graphite Fiber Co. Ltd., Anshan Sinocarb Carbon Fibers Co. Ltd., Formosa Material Co. Ltd, and others.

What Is The Expected Future Outlook For The Overall Global Carbon Fiber Composites Market Across The Globe?

The Global Carbon Fiber Composites market was valued at USD ~billion in 2022 and is anticipated to reach USD ~35 billion by the end of 2028, witnessing a CAGR of ~% during the forecast period 2022-2028. The realistic growth scenario represents the most likely scenario as per current market conditions. This scenario assumes that there will be no overall impact on the market due to any potential COVID-19 waves in the future.

The Global Carbon Fiber Composites market is driven by continuous technological upgradation in products from multiple players, and growing usage of carbon fiber composites in multiple industries such as wind energy, sports goods, marine, and others. However, the market is also constantly being influenced by rapid development in technology, product innovation, and diversification in some countries.

With the increasing collaboration and emergence of new products, the Global Carbon Fiber Composites market is changing rapidly. For instance, In February 2021, Teijin Limited launched new Tenax PW (power series) and Tenax BM (beam series) brands of carbon fiber intermediate material for sports applications.

In December 2019, Solvay and SGL Carbon have entered into a joint development agreement (JDA) to bring to market the first composite materials based on large-tow intermediate modules (IM) carbon fiber.

In August 2019, Teijin Limited announced the acquisition of Renegade Material Corporation, a leading North American supplier of highly-resistant thermoset prepreg for the aerospace industry.

The global Carbon Fiber Composites market witnessed significant growth during the period 2017-2021, owing to the increasing number of vehicle production, and growing usage of carbon fiber composite material in multiple industries such as aerospace, wind energy, and others. The growth rate is expected to remain significant during the forecast period.

Though the market is significantly competitive with ~120 participants, the majority of country-niche players dominate the market share by competitor type, and global players hold a minor share.

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Key Topics Covered in the Report

  • Snapshot of the Global Carbon Fiber Composites Market
  • Industry Value Chain and Ecosystem Analysis
  • Market size and Segmentation of the Global Carbon Fiber Composites Market
  • Historic Growth of the Overall Global Carbon Fiber Composites Market and Segments
  • Competition Scenario of the Market and Key Developments of Competitors
  • Porter’s 5 Forces Analysis of the Global Carbon Fiber Composites Industry
  • Overview, Product Offerings, and Strengths & Weaknesses of Key Competitors
  • COVID-19 Impact on the Overall Global Carbon Fiber Composites Market
  • Future Market Forecast and Growth Rates of the Total Global Carbon Fiber Composites Market and by Segments
  • Market Size of Type / End-Users Segments with Historical CAGR and Future Forecasts
  • Analysis of the Global Carbon Fiber Composites Market
  • Major Production/Supply and Consumption/Demand Hubs in Each Major Region
  • Major Continent-wise Historic and Future Market Growth Rates of the Total Market and Segments
  • Overview of Notable Emerging Competitor Companies within Each Major Continent

Major Players Mentioned in the Report

  • Toray Industries Inc
  • Mitsubishi Chemical Corporation
  • Hexcel Corporation
  • Teijin Limited
  • SGL Carbon
  • Hyosung Advanced Materials
  • Solway
  • Nippon Graphite Fiber Co. Ltd.
  • Anshan Sinocarb Carbon Fibers Co. Ltd.
  • Formosa Material Co. Ltd.

Notable Emerging Companies Mentioned in the Report

  • DowAksa
  • Advance Composites Inc.
  • Karbon composites & Technology Co. ltd.
  • Zhongao Carbon
  • Carbon Light

Key Target Audience – Organizations and Entities Who Can Benefit by Subscribing This Report

  • Carbon Fiber Composites Manufacturing Companies
  • Carbon Fiber Composites Marketing Companies
  • Carbon Fiber Composites Material Suppliers
  • Potential Investors in Carbon Fiber Composites Companies
  • Polyacrylonitrile (PAN) Carbon Fiber Composites Manufacturers
  • Recycled Carbon Fiber Composites Producers
  • High-Grade Carbon Fiber Composites Producers
  • Consulting Companies in the Chemical Market
  • Government And Research Organizations Working in Chemical Industry
  • Investment Banks Targeting Chemical Industry
  • Carbon Fiber Companies
  • Carbon Fiber Association
  • Research & Development Institutes for Carbon Fiber
  • Carbon Fiber Manufactures
  • Carbon Fiber Supplier
  • Carbon Fiber Raw Material Provider
  • Investment Banks Targeting Carbon Fiber Market
  • Fiber Composites Companies
  • Fiber Composites Providers
  • Fiber Composites Manufacturers
  • Fiber Composites Suppliers
  • Emerging and Startup Composites Companies in the Market
  • Government Departments of Polymers and Other Chemicals
  • Ministries and Departments of Paint & Coating
  • Ministries and Departments of Construction Materials
  • Importers and Distributors of Plastics and Composites
  • Chemicals Testing and Regulatory Authorities
  • Chemicals Research Institutes

Time Period Captured in the Report

  • Historical Period: 2017-2021
  • Forecast Period: 2022-2028F

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

Global Carbon Fiber Composites Market

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