Global Nutraceuticals Market is forecasted to reach a market size of ~US$ 500 billion: Ken Research

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What Is the Size of Global Nutraceuticals Industry?

Global Nutraceuticals market is growing at a CAGR of ~% in 2017-2022 and is expected to reach ~USD 500 Bn by 2028. The Nutraceuticals Market is largely driven by rising demand for nutraceuticals among old age population due to increasing chronic diseases.

Increasing prevalence of metabolic disorders is one of the factors driving the growth of nutraceuticals market. The number of individuals with metabolic disorders is on the rise across various countries worldwide. According to the National Cholesterol Education Program and International Diabetes Federation (IDF), more than 30% of the U.S. population is estimated to have metabolic syndrome.  This will drive consumer preference for nutraceuticals thereby fostering market statistics.

A surge in sports activities and participation at the national and international levels will complement the nutraceuticals industry growth. Increasing awareness associated with the benefits of health supplements for various medical concerns will drive the demand for nutraceutical products. The COVID-19 pandemic has positively impacted the nutraceuticals market owing to the increasing demand for healthy nutritional supplements and products. Preventative measures against coronavirus promoted the consumption of nutritious and functional foods with high zinc, sodium, vitamin D, vitamin C, and mineral content, escalating the sales of nutraceutical products.

Global Nutraceuticals Market By Product Type

The Global Nutraceuticals market is segmented by Product type into Dietary Supplements, Functional Food and Functional Beverages. The functional food segment held the largest market share in the global nutraceuticals market in 2022, owing to several health benefits including weight management, and improved blood circulation.

The increasing trend of on-the-go nutraceutical snacks such as protein-rich snacks, grains, dry nuts, bars, and others, boosts the demand for the functional foods segment. Functional beverages segment is expected to grow with the highest CAGR during the forecast period due to the gaining popularity of sports drinks among athletes and other individuals involved in energetic physical activities.

Global Nutraceuticals Market By Source

The Global Nutraceuticals market is segmented by Source into Plants, Animals and Microbial. The plants segment held the largest market share in the global nutraceuticals market in 2022, owing to the growing preference for consumers interest towards protein extracted from plants as compared to animal-based.

Nutraceutical ingredients extracted from plants add primary nutritional value and functional benefits to various applications such as food & beverages, dietary supplements, and personal care products. Consumers prefer incorporating plant proteins in regular diets instead of costly whey & other dairy proteins. All the plant-extracted nutraceuticals are available in the form of tablets or capsules forms in dietary supplements.

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Global Nutraceuticals Market By Form

The Global Nutraceuticals market is segmented by Form into Capsules and Tablets, Liquid, Powder, Gummies and Others. The capsules and tablets segment held the largest market share in the global nutraceuticals market in 2022, as these are the most convenient alternative to constitute nutraceuticals in daily diet. Tablets and capsules are easy to store and package and possess longer shelf life as compared to other forms. Capsules have a layer of film or sugar that helps encapsulate the unpleasant odor and taste of these formulations. A wide range of benefits associated with capsules & tablets will propel the segmental expansion.

Global Nutraceuticals Market By Distribution Channel

The Global Nutraceuticals market is segmented by Distribution Channel into Drug Stores/Pharmacies, Online Channels, Specialty Stores and Hypermarkets/supermarkets. The Drug Stores/Pharmacies segment held the largest market share in the global nutraceuticals market in 2022, as pharmacies or drug stores are considered to be the most trusted source for the purchase of any kind of medication and supplements.

Pharmacies are the most trusted distribution source for supplements among consumers as the information regarding the product is validated through healthcare professionals at the drug stores. Online segment is expected to grow with the highest CAGR during the forecast period as online channels offer a much lower price for supplements through coupon benefits, free shipping charges, and others.

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Global Nutraceuticals Market By Geography

The Global Nutraceuticals market is segmented by geography into North America, Europe, Asia- pacific and LAMEA. Asia Pacific held the largest market share among all other regions within the global nutraceuticals market in 2022, owing to the growing trend of food fortification with nutraceutical products in the region.

Rising awareness regarding nutritional enrichment in China and India is expected to remain a favorable factor for market growth. Furthermore, the expansion in the retail sector in emerging markets including Indonesia, Malaysia, and India in light of regulatory support to promote investments is expected to increase the accessibility to buyers over the forecast period.

The increasing purchasing power of buyers has provoked consumers to adopt health-conscious food and healthy diets, which will further drive regional industry growth. The rising elderly population along with consumer spending on healthcare products & medicines has enhanced the nutraceutical industry growth in the Asia Pacific region.

Competition Scenario In Global Nutraceuticals Market

The Global Nutraceuticals Market is highly competitive with ~500 players, including globally diversified players, regional players, and many country-niche players. Most of the country-niche players are the manufacturers of nutraceuticals used in various end-user industries.

Regional players constitute ~30% of the total number of competitors, while country-niche players dominate representing ~60% of total competitors. Some of the major players in the market include Amway Corp, BASF SE, Cargill, Incorporated, Danone SA, DuPont, General Mills Inc., Nestlé, PepsiCo Inc., DSM, ADM, among others.

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

The Global Nutraceuticals market was valued at USD ~billion in 2022 and is anticipated to reach USD ~500 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 Nutraceuticals market is driven by rising demand for nutraceuticals among old age population due to increasing chronic diseases. 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 Nutraceuticals market is changing rapidly. For instance, in 2022, DSM Group, a global science-based company, launched its latest integrated Food & Beverage functional structure, which combines three sections of DSM’s business based on nutrition, i.e., Hydrocolloids, Food Specialties, and a few portions of nutritional commodities group on demand of emerging customer and current needs of the market.

In December 2020, Abbott introduced a new Pedialyte rehydration solution. The product contains a range of nutrients including probiotics, vitamin C, vitamin B12, vitamin E, zinc, and more. It is developed to support the immune system of consumers. Abbott expanded its Pedialyte product portfolio using the new product and increase its customer base.

In May 2021, General Mills launched a new snack brand called Good Measure that is designed specifically to not spike the blood sugar of the person snacking. The Good Measure brand currently has two products: creamy nut butter bars and crunchy almond crisps. The bars are available in multiple flavors starting with Blueberry & Almond, Peanut & Dark Chocolate, and Almond & Dark Chocolate.

The Global Nutraceuticals Market witnessed positive impact due to COVID-19 as the demand for nutraceuticals kept on increasing during and after the pandemic. Most nutraceuticals are sold in the form of tablets and capsules as there is an ease of packaging that helps in providing longer shelf life to the product. Pharmacies are the most popular source of distribution channels through which nutraceutical supplements are sold. However, online channels are also gaining popularity as the prices are much lower. Though the market is competitive with over ~500 participants, country-niche players control the dominant share in the market and regional players also hold a significant share.

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Global Nutraceuticals Market

Global Epoxy Resin Market is expected to reach ~USD 15 Bn by 2028F: Ken Research

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Global Epoxy Resin Market By End-User

The Global Epoxy Resin market is segmented by End-user into Building & Construction, Transportation, Consumer Goods, Wind Energy, Aerospace, Marine and Others.

The Consumer goods segment held the largest segment share in 2022, owing to the rapid adoption of advanced epoxy resin in electronics products such as smart home appliances, smartphones, gaming devices, laptops, and other demands are increasing with the growing economy & population.

The fastest-growing segment in the epoxy resin industry is aerospace owing to the rapid adoption of advanced epoxy resin products and the surge in the production of aircraft, jets, and others.

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Global Epoxy Resin Market By Geography

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

The Asia Pacific accounted for the largest share among all regions within the global epoxy resin market in 2022.

Asia-Pacific dominates the epoxy resin market due to the rapid industrialization and rise in demand from various industries such as building & construction, automotive, marine, aerospace, and others.

Asia-Pacific is the leading producer of epoxy resin, attributed to increasing alliances between leading players that help with new products in the market.

The rising number of infrastructure development projects and the rapidly growing manufacturing industry are the key factors expected to drive the market over the forecast period.

Competition Scenario In Global Epoxy Resin Market

The Global Epoxy Resin Market is highly competitive with ~300 players which include globally diversified players, regional players as well as a large number of country-niche players. Most of the country-niche players are the suppliers of raw materials used in the manufacturing of epoxy resin, used for different applications.

Some of the major players in the market include 3M, BASF SE, Huntsman International LLC, Hexion, The Dow Chemical Company, China Petrochemical Corporation, KUKDO CHEMICAL CO., LTD, Solvay, Olin Corporation., among others.

The leading global specialist companies such as BASF SE, Solvay, China Petrochemical Corporation are highly focused on providing a significant number of Epoxy Resin products that can be used across Paints & Coatings, Electronics, Adhesives industries and more.

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What Is The Expected Future Outlook For The Overall Global Epoxy Resin Market Across The Globe?

The Global Epoxy Resin market was valued at USD ~billion in 2022 and is anticipated to reach USD ~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 Epoxy Resin market is driven by the rapid industrialization and rise in demand from the building and construction industries. 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 Epoxy Resin market is changing rapidly. For instance, In November 2021, Hexoin Inc. announced its definitive agreement with Westlake Chemical Corporation. Hexion Inc. sold Hexion’s global epoxy business for approximately USD 1.2 Bn to Westlake Chemical Corporation Company. The transaction was completed in the first half of 2022.

In October 2021, Azelis Holding S.A. announced their distribution agreement with BASF for the sales of resin products from the company.

The collaboration boosted the company’s lateral value chain by adding market-leading products to its various market segments.

Furthermore, On April 1, 2021, Covestro AG successfully completed the acquisition of the Resins & Functional Materials business (RFM) from the Dutch company Royal DSM. The acquisition helped Covestro in the expansion of its portfolio of sustainable coating resin products.

The Global Epoxy Resin Market witnessed a dip in growth for the year 2020, owing to the COVID pandemic. There was a complete ban on imports and export that disrupted the supply chain and hampered the market globally. However, the market condition is expected to get better in 2022, thereby restoring growth over the forecast period. The market is primarily driven by the rapid industrialization and growing demand for epoxy resins from building & construction, coatings, adhesives, and other industries. Though the market is highly competitive with over ~300 participants, few global players control the dominant share and regional players also hold a significant share.

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Key Topics Covered in the Report

• Snapshot of Global Epoxy Resin Market
• Industry Value Chain and Ecosystem Analysis
• Market size and Segmentation of the Global Epoxy Resin Market
• Historic Growth of Overall Global Epoxy Resin Market and Segments
• Competition Scenario of the Market and Key Developments of Competitors
• Porter’s 5 Forces Analysis of Global Epoxy Resin Industry
• Overview, Product Offerings, and Strength & Weakness of Key Competitors
• Covid-19 Impact on the Overall Global Epoxy Resin Market
• Future Market Forecast and Growth Rates of the Total Global Epoxy Resin Market and by Segments
• Market Size of Application / End User Segments with Historical CAGR and Future Forecasts
• Analysis of Global Epoxy Resin Market
• Major Production/Supply and Consumption/Demand Hubs within Each Region
• Major Country-wise Historic and Future Market Growth Rates of the Total Market and Segments
• Overview of Notable Emerging Competitor Companies within Each Region

Major Companies Mentioned in the Report

• 3M
• BASF SE
• Huntsman International LLC
• Hexion
• The Dow Chemical Company
• Kukdo Chemical Co., Ltd
• Solvay
• Olin Corporation
• China Petrochemical Corporation
• Aditya Birla Management Corporation Pvt. Ltd.
• Kolon Industries, Inc

Notable Emerging Companies Mentioned in the Report

• Jubail Chemical Industries LLC
• Macro Polymers
• NAMA Chemicals
• Techstorm
• Spolchemie
• Jiangsu Sanmu Group Co., Ltd.
• DIC Corporation
• Atul Ltd
• NAGASE & Co., Ltd.

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

• Epoxy Resin Manufacturers
• DGBEA Raw Materials Suppliers
• DGBEF Raw Materials Suppliers
• Novolac Raw Materials Suppliers
• Aliphatic Raw Materials Suppliers
• Glycidylamine Raw Materials Suppliers
• Solvent Cut Epoxy Technology Manufacturers
• Liquid Epoxy Technology Manufacturers
• Waterborne Epoxy Technology Manufacturers
• Epoxy Resin Distributors
• Emerging and Startup Epoxy Resin 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 Epoxy Resin
• Chemicals Testing and Regulatory Authorities
• Chemicals Research Institutes

Period Captured in the Report

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

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Global Epoxy Resin Market

The Global Ecommerce Logistics Market Is Anticipated To Reach USD ~950 Billion By The End Of 2027 – Ken Research

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Global Ecommerce Logistics Market by Region

The Global Ecommerce Logistics Market is segmented by Region into North America, Europe, Asia-Pacific, Middle East & Africa and South America. Asia pacific region dominates the global ecommerce logistics market in 2022 followed by north America region.

Competition Scenario In Global Ecommerce Logistics market

A vibrant and fast-growing E-commerce ecosystem, aggressive investment in modernizing the infrastructure and the influx of investments is listed as the major factors for the growth in the Global Ecommerce Logistics market. Some of the major companies are FedEx Corporation, DHL International GmbH, Aramex International, Gati Limited, Kenco Group, Inc., Clipper Logistics Plc., Agility Public Warehousing Company, K.S.C.P., XPO Logistics Plc., United Parcel Service, Inc., and CEVA Logistics etc.

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What is the Expected Future Outlook for the Overall Global Ecommerce Logistics Market Across the globe?

The Global Ecommerce Logistics market was valued at USD ~350 billion in 2022 and is anticipated to reach USD ~950 billion by the end of 2027, witnessing a CAGR in double digit 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 Ecommerce Logistics market is driven by rise in digital payments, good transport infrastructure and the initiatives taken by the government worldwide. However, the market is also constantly being influenced by rapid development in technology, product innovation, and diversification in some countries.

The Global Ecommerce Logistics market is eyeing to reach $1 Trillion by 2027 owning to the Growing Count of Logistics Startup, Burgeoning Demand for Last-mile Delivery Service, Trucking Services through Online Marketplace, Rising Demand of Door-to-door Parcel Pickup & Delivery Services and the augmenting use of EVs for Transportation. Higher digitization and the usage of Artificial Intelligence and Machine Learning is making easier and helping in assessing the different possibilities of E-Commerce Logistics Market, and others areas, such as Drop Shipping, Quick commerce, sustainable packaging material etc.

Furthermore, Governments across the world are investing in infrastructure in order to reduce cost and offer better connectivity across the globe. For instance, India is pending around $35 Billion on roads out of which $20 Bn is allotted to NHAI which is 21 % higher than the previous year. Furthermore, over £40 billion will be invested by the UK Government in transformational transport schemes over the next 2 financial years across the country.

Around 60% of e-Commerce sales are conducted through mobile apps and this general trend is expected to increase in the future. Making brand interaction with the customer much efficient and easy to sell the product to the customer. With 5 billion people having internet access, this becomes one of the biggest contributors of growth to the ecommerce logistics market. With all these factors, the Global Ecommerce logistics market is expected to see a huge growth in the next 5 years.

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Key Topics Covered in the Report

• Snapshot of the Global Commercial Seaweed Market
• Industry Value Chain and Ecosystem Analysis
• Market size and Segmentation of the Global Commercial Seaweed Market
• Historic Growth of the Overall Global Commercial Seaweed Market and Segments
• Competition Scenario of the Market and Key Developments of Competitors
• Porter’s 5 Forces Analysis of the Global Commercial Seaweed Industry
• Overview, Product Offerings, and Strength & Weakness
• COVID-19 Impact on the Overall Global Commercial Seaweed Market
• Future Market Forecast and Growth Rates of the Total Global Commercial Seaweed Market and by Segments
• Market Size of Application Segments with Historical CAGR and Future Forecasts
• Analysis of the Global Commercial Seaweed Market
• Major Production/Supply and Consumption/Demand Hubs within Each Major Country
• Major Country-wise Historic and Future Market Growth Rates of the Total Market and Segments
• Overview of Notable Emerging Competitor Companies within Each Region

Notable Key Players Mentioned in the Report

• Cargill Inc.
• DuPont
• Roullier Group
• Biostadt India Limited
• Seasol
• Leili Group
• Gelymar SA
• BrandT Consolidated, Inc.
• FMC Corporation
• CP Kelco.

Notable Emerging Companies Mentioned in the Report

• PlantSea
• Phykos
• Sway Innovation Co
• Symbrosia Inc.
• Blue Ocean Barns

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

• Commercial Seaweed Companies
• Commercial Seaweed Product Manufacturers
• Suppliers of Seaweed Production Equipment
• Fishing Equipment Providers
• Marine Equipment Providers
• Government Ministries of Fisheries
• Government Ministries of Ports, Shipping and Waterways
• Commercial Seaweed Industry Association
• Seaweed Processing Companies
• Venture Capitalists Targeting Commercial Seaweed Industry
• PE Firms Targeting Commercial Seaweed Industry
• Financial Institutions Targeting Commercial Seaweed Industry

Time Period Captured in the Report

• Historical Period: 2017-202
• Forecast Period: 2022E-2028F

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Ecommerce Logistics Market

Global Network Telemetry Market is expected to record a positive CAGR of ~20% during the forecast period (2022-2028): Ken Research

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What Is the Size of Global Network Telemetry Industry?

Global Network Telemetry market is growing at a CAGR of ~% in 2017-2022 and is expected to reach ~USD 1 Bn by 2028. The Network Telemetry Market is largely driven by the increasing cases of cyberattacks which are targeted toward the companies’ servers and networks.

The cyberattacks can cause huge damage to companies as critical data and confidential information are stolen from their servers during such attacks. So, in order to have a safer network infrastructure, more and more companies are adopting network telemetry solutions and services thus positively impacting market growth.

The high upfront investments that are required for an organization to go for network telemetry services and solutions act as a constraint for market growth. The installation of network telemetry poses compatibility challenges for many organizations due to their existing legacy network. So, the complexities associated with the installations of the network telemetry solutions and services also act as a constraint for the market’s growth.

The COVID-19 outbreak had a negative impact on the demand for Network Telemetry as various companies stalled their operations due to the imposition of the lockdowns initially. However, later as more and more organizations started operating from home, the companies required network telemetry solutions and services for managing their network infrastructure effectively which resulted in the market’s growth.

Global Network Telemetry Market By Component

The Global Network Telemetry market is segmented by Component into Solutions, Services (Consulting, Integration and Deployment, Training, Support and Maintenance). The Solutions segment held the largest market share in the Global Network Telemetry Market in 2022. As the adoption of network telemetry systems grows, the demand for network telemetry solutions among companies and service providers also grows.

Services such as consulting, deployment, training, support, and maintenance are also growing as network telemetry companies are striving hard to offer the best services to their customers in managing the network telemetry system.

Global Network Telemetry Market By Deployment

The Global Network Telemetry market is segmented by Deployment into On-Premise and Cloud. The On-Premise segment held the larger share of the Global Network Telemetry Market in 2022. The on-premise segment offers greater control to the companies in terms of managing their data and also is more resilient than the Cloud-based tools. Also, the on-premise option helps companies manage real-time data to a more granular level which is helping this segment dominate. Cisco’s DNA Center appliance stores data for 14 days locally at its client’s location and the local network telemetry is neither sent to the cloud nor it is shared with any other servers.

Global Network Telemetry Market By Enterprise Size

The Global Network Telemetry market is segmented by Enterprise size into Small & Medium Enterprises and Large Enterprises. The Small & Medium Enterprises segment held the larger share of the Global Network Telemetry Market in 2022.

The increase in the number of small and medium enterprises globally in almost all the industries such as Healthcare, IT, Telecommunications, Retail, Banking, etc., and a growing need to upgrade their existing network infrastructure as well as to have advanced technology and secure network infrastructure are helping this segment to dominate the market.

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Global Network Telemetry Market By End-User

The Global Network Telemetry market is segmented by End-User into Service Providers (Telecom Service Providers (TSPs), Cloud Service Providers (CSPs), Managed Service Providers (MSPs) and Others, Verticals). The Service Providers segment held the larger share of the Global Network Telemetry Market in 2022.

The increasing use of network telemetry systems by large global telecom companies to improve their network communication infrastructure and by cloud service providers to manage their network infrastructure through better analysis and optimization is helping the segment dominate.

Global Network Telemetry Market By Geography

The Global Network Telemetry market is segmented by geography into North America, Europe, Asia- pacific and LAMEA. North America accounted for the largest market share in 2022 within the total Global Network Telemetry Market.

North American region dominated the network telemetry market due to the presence of large data centers in this region, the presence of some of the biggest players in the market, and the growing investment by end clients to optimize their network infrastructure and IT data centers. The high volume of digital services also mandates that the network administrators demand better network telemetry systems to manage the already huge network infrastructure efficiently.

Competition Scenario In Global Network Telemetry Market

The Global Network Telemetry Market is highly competitive with ~200 players which include globally diversified players, regional players as well as a large number of country-niche players.

Approximately, the large global players constitute 10%, the regional players 30%, and country-niche players 60% of the market by type of companies operating in the market. Some of the major players in the market include Arista Networks, Inc., Cisco Systems, Inc., Juniper Networks, Inc., NVIDIA Corporation, VOLANSYS Technologies (An ACL Digital Company), Intel Corporation, Advanced Micro Devices, Inc, Marvell, Google, Netronome, and Apcela among others.

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What is the Expected Future Outlook for the Overall Global Network Telemetry Market Across the globe?

The Global Network Telemetry market was valued at USD ~billion in 2022 and is anticipated to reach USD ~1 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 Network Telemetry market is driven by the increasing cases of cyberattacks which are targeted toward the companies’ servers and networks. 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 Network Telemetry market is changing rapidly. For instance, In June 2022, Arista launched its next-generation converged ultra-low 7130 Series for in-network applications. This system can integrate with CloudVision which is the multi-domain network telemetry management platform of Arista and can provide switching, monitoring, routing, etc. for the company’s extensive portfolio.

In June 2022, Nvidia Corp. launched the latest version of NVIDIA NetQ to reduce downtime and automate network monitoring.  It combines advanced telemetry and a user interface that simplifies troubleshooting as well as automates the network with reduced maintenance and downtime.

In October 2021, Intel developed Open Standard Packet Telemetry that can help in improving data center visibility and making it more resilient. It is capable of tracking packets traversing the network and hence greater visibility on the performance of the network.

The Global Network Telemetry Market is forecasted to continue a strong growth that is witnessed during the forecast period. Key trends driving market expansion include the increasing importance of highly secure and scalable network infrastructure, optimization of business performance through advanced network telemetry systems, and the need to have minimum downtime. The market is highly competitive with ~200 participants concentrating on expansion strategies through product innovations as well as acquisitions, partnerships and mergers.

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Global Network Telemetry Market

Global Door Entry System Market is expected to reach ~USD 14 Bn by 2028F: Ken Research

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Competition Scenario In Global Door Entry System Market

The Global Door Entry Systems Market is highly competitive with ~300 players which include globally diversified players, regional players as well as a large number of country-niche players.

Approximately, the large global players constitute 5%, the regional players 35%, and country-niche players 60% of the market by type of companies operating in the market. Some of the major players in the market include ABB, Schneider Electric, Johnson Controls, Honeywell International Inc., Siemens, Bosch Sicherheitssysteme GmbH, IDEMIA, Legrand, Dormakaba Group, ADT, SALTO Systems, S. L. among others.

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What Is The Expected Future Outlook For The Overall Global Door Entry System Market Across The Globe?

The Global Door Entry System market was valued at USD ~billion in 2022 and is anticipated to reach USD ~14 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 Door Entry System market is driven by the increasing demand for smart homes and having safer and more secure business & commercial premises. 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 Door Entry System market is changing rapidly. For instance, In July 2022, Dormakaba Group announced its partnership with Schüco, a company dealing in smart buildings, doors, and windows. The combined entity wanted to work towards developing a door-integrated access management system and access control & digitization projects.

In January 2022, Johnson Controls launched Istar Ultra G2 which is its next-generation door controller system that is targeted towards commercial establishments such as manufacturing facilities, data centers, healthcare facilities, educational institutions, etc. due to its ability to provide higher cyber resiliency and faster processing power.

In December 2021, IDEMIA deployed its first facial recognition, VisionPass, for access control for a large Japanese company in partnership with two technology companies SHODEN and Genetec. The integrated split-second contactless access control solution will be deployed at the entrance of the building of the client company.

The Global Door Entry Systems Market is forecasted to continue a stable growth that is witnessed during the forecast period. Key trends driving market expansion include the increasing demand for smart homes and having safer and more secure business & commercial premises. The market is highly competitive with ~300 participants concentrating on expansion strategies through product innovations as well as acquisitions, partnerships, and mergers.

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Key Topics Covered in the Report

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

Major Players Mentioned in the report

• ABB
• Schneider Electric
• Johnson Controls
• Honeywell International Inc.
• Siemens
• Bosch Sicherheitssysteme GmbH
• IDEMIA
• Legrand
• Dormakaba Group
• ADT
• SALTO Systems, S.L.

Notable Emerging Companies Mentioned in the Report

• CAME
• CIVINTEC
• The Akuvox Company
• Commend International GmbH
• Xenon Smart Teknoloji

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

• Door Entry Systems Solutions and Service Providers
• Door Entry Systems Developers
• Suppliers of Door Entry Systems
• Door Entry Systems Raw Materials and Components Suppliers
• Software and Application Developers for Door Entry Systems Industry
• Third-party Service and Maintenance Providers
• Investors and Venture Capitalists in the Door Entry Systems Industry
• Market Research & Consulting Firms
• Start-ups & Incumbents in Door Entry Systems Industry
• PE and VC Firms in Door Entry Systems
• Government & Regulatory Authorities
• Building Security Technology Companies
• Home and Office Security Technology Companies
• Video/Audio System Makers of the Door Entry Systems Industry

Time 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 Door Entry System Market

Which key factors in Thailand Ophthalmology Market can help it to cross a revenue of more than THB 10 Th by 2025? : Ken Research

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Eye Consultations and Eye Surgeries are expected to grow at a CAGR of about 4% and 3% respectively by 2025, as per a report by Ken Research

1. Key Eye Ailment Trends in Thailand- gauging the depth of diseases.

Challenges Faced by Ophthalmology Industry in Other Countries

Cataract is more common in rural regions and remote districts, with a prevalence rate of 70-80% who require treatment vs a 20-30% rate in cities and towns; difficulty of getting proper treatment in rural areas, hesitancy to travel & a fear of treatment account for the same.

Lens disorder was the major cause of admission amongst working-age people, followed by conjunctivitis, keratitis, retinal detachment /breaks and glaucoma.

2. Government Initiatives to Promote Superior Eye-Care in Thailand- Democratizing Eye Care & Mitigating Cataract, at the centre of the Thai Government’s Mind-set

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• The country offers a Cataract Surgery coverage through its Universal Health Coverage Scheme, to the tune of 96%.

• The NHSO (National Health Security Office) sanctioned 120,00 state-sponsored operations for Cataract in the year 2019.

• Thailand has included eye care in its Universal Coverage Scheme (primary social health insurance program in the country), which covers ~75% of the country’s population.
• Preventive program providing training courses on ophthalmology for physicians at state hospitals & health centers, launched by NHSO in 2019; training jointly hosted by NHSO & Royal College of Ophthalmologists, Thailand.

3. Multi-Specialty Hospital is dominating the Eye Care Treatment in Thailand.

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• Medical tourism popularity of Thailand, surgery-specialized ophthalmologists in hospitals, brand goodwill & specialized equipment of hospitals help Multi-Specialty Hospitals lead ophthalmic surgeries in Thailand.

• Single-Specialty Hospitals is contributing around 25% to consultation revenues in Thailand in 2020, while Multi-Specialty Hospitals lead and make up the rest 75% .

• Higher no. of clinics, higher average consultation price, better trustability and qualifications of ophthalmologists all contributing to higher share of Multi-Specialty hospitals in Consultation revenues.

4 tailwinds that will make Indonesia Agritech Market a USD 900 Mn market by 2026. Will Indonesia be able to achieve that mark? Ken Research

 Indonesia's Gross Domestic Product of Agriculture, Forestry, and Fishery was USD 158 billion in 2021. Moreover, the Agritech Market in Indonesia is expected to grow due to the increasing adoption of digital farming tools and government initiatives that make lending easier. The market is expected to exhibit an upward trend in terms of value over the forecast period FY'22-FY'26, outperforming previous years, with the market consistently expanding. AgriTechs will reshape value chain relationships and create entirely new ecosystems.

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1. Agriculture, being the pillar of Indonesian economy accounted for around 13.28% of country’s Gross Domestic Product (GDP)

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The Gross Domestic Product of Agriculture, Forestry, and Fishery in Indonesia stood at USD 158 Billion in the year 2021 growing at a CAGR of 5.8% during 2016 to 2021. GDP of Agriculture, Forestry, and Fishery can further be divided into five broader components namely plantation crops, food crops, fishery, livestock, and horticulture. The plantation crops like palm oil, rubber, coconut dominate the agricultural landscape attracting interest from large agribusinesses in the global supply chain constituting 26.4% of the agricultural GDP. More than 40% of the Agricultural GDP is contributed by Food Crops like rice, wheat, soybean and Fishery sector.     

2. Almost 50 AgriTech Startups are spread across the 13 cities of Indonesia

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These 50 startups are spread across 13 cities of Indonesia providing great opportunities for the Agritech sector to emerge. Emerging unicorn iGrow in the Agritech market of Indonesia is established in Yogyakarta city. Another unicorn TaniHub is established in Jakarta which is a hub for 18 startups already. Currently, it operates from five regional offices and distribution hubs located in Jakarta, Bogor and Bandung in West Java, and Yogyakarta and Surabaya in East Java. These startups are contributing towards the agritech market by their innovations and new product range.

3. Indonesia’s growing agritech startups have attracted millions of dollars in investment.

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35% of the startups are funded by foreign investors and 30% are funded by domestic investors. Examples of startups which are domestically funded are Eragano, Magalarva, Pasarnow, etc. All the 17 startups are funded by Private Equity Venture Capitalist and none is funded by Angel Investors. Examples are Kandang, Kedai Sayur, eFishery, etc. Furthermore, TaniGroup, has closed USD 10 million Series A funding, led by Singapore-headquartered venture capital firm, Openspace Ventures, with participation from investment firms.

4. Rising Adoption of Data Analytics, Artificial Intelligence & Geo-Tagging Among Agritech Players is the future of Agritech Space in Indonesia.    

Implementation of data science algorithms & analytics using artificial intelligence & machine learning is going to amplify greatly. Additionally, startups would be able to predict demand & supply, route planning using data in case of supply chain & output access. Moreover, Geospatial Tech & Geo-Tagging technology will enable startups to leverage geospatial & remote sensing data to create better & scalable agri solutions, without any unnecessary details. Also, there will be a widespread adoption of drones for pesticide spraying etc, especially among medium & large farmers with rising affordability. Furthermore, autonomous & semi-autonomous farm robots will be used by cooperatives & large farmers for labor-intensive activities like weeding, spraying, and harvesting that have high human error rates.

Global Missiles and Missile Defense Systems Market is expected to reach a market size of ~US$ 40 billion by 2028: Ken Research

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What is the Size of Missile and Missile Defence Systems Industry?

Global Missiles and Missile Defense Systems market is growing at a CAGR of ~% in 2017-2022 and is expected to reach ~USD Bn by 2028F. The Missiles and Missile Defense Systems Market is largely driven by government spending on missiles and missile defense systems across national land and water borders is being driven by rising military budgets in response to rising geopolitical tensions among various countries and fears about terrorism.

Governments are boosting their military spending as a result of escalating geopolitical tensions and worries about terrorism, which is leading to significant investments in missile defense systems (and accompanying missiles) across its land and water borders. Government agencies and the private sector are collaborating to develop hypersonic missiles and missile defense systems that are technologically cutting edge. The application of artificial intelligence to missile systems is anticipated to hasten the market's future growth.

Furthermore, the rising expenses of creating missile defense systems and worldwide ambitions to transport such systems and weapons across other nations are the two most important variables that could restrain the market's expansion. Due to the COVID-19 pandemic and the implementation of lockdown by governments were unable to sort operations while working remotely as the area requires the on-site presence of an expert workforce.

Global Missile and Missile Defence Systems market by Range

The Global Missiles and Missile Defense Systems market is segmented by Cable Range into Short (Up to 1,000 kms), Medium (Between 1,000 kms and 3,000 kms), Intermediate (Between 3,000 kms and 5,500 kms) and Intercontinental (More than 5,500 kms).

The Short (Up to 1,000 kms) segment dominated the market in 2022. It is employed in regional conflicts in the past and in the future because of the close proximity of some nations, as well as its affordability and simplicity of configuration. The need for short-range missiles to protect against close, short-range threats from adversary attacks has been fueled by military conflicts involving numerous nations.

Global Missile and Missile Defence Systems market by Missile Type

The Global Missiles and Missile Defense Systems Market is segmented by Missile type into Anti-aircraft Missiles, Anti-ship Missiles and Anti-tank Missiles. The Anti-aircraft Missiles segment is expected to be the fastest growing market during the forecast period owing to the adoption of the anti-aircraft missile by various countries worldwide.

Anti-aircraft missiles are guided weapons intended to harm or kill airplanes and include surface-to-air missiles, air-to-air missiles, and subsurface-to-air missiles. In June 2022, Germany promised to provide Ukraine with cutting-edge anti-aircraft systems.

Global Missile and Missile Defence Systems Market by Missile Defence System

The Global Missiles and Missile Defense Systems market is segmented by Missile Defence System into Surface-To-Surface Missiles, Surface-To-Air Missile, Air-To-Surface Missiles, Air-To-Air Missiles, Anti-Ship Missiles and Anti-Tank Missiles. The Surface-To-Surface Missiles segment accounted for the highest market share in 2022 in the global missile and missile defense system market. The growth is primarily due to Surface-to-air missiles (SAMs) of any type can be launched from the ground using missile launchers to combat incoming enemy missiles.

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Global Missile and Missile Defence Systems Market By Geography

The Global Missiles and Missile Defense Systems market is segmented by geography into North America, Europe, Asia- pacific and LAMEA. North America accounted for the largest market share among all regions in 2022 owing to the rise in investments for defense and military systems in USA.

According to the U.S. Missile Defense Agency (MDA), in November 2020 a Standard Missile 3 (SM-3) Block IIA interceptor successfully destroyed an intercontinental-range ballistic missile (ICBM) target in a test for the first time. The SM-3 Block IIA is now the second American interceptor type to demonstrate this capability, a significant accomplishment. The effects for future weapons control and geopolitical stability are grave.

Competition Scenario in Global Missile and Missile Defence Systems Market

The Global Missiles and Missile Defense Systems Market are fragmented with ~260 players which include globally diversified players, regional players as well as a large number of country-niche players each with their niche in Missiles and Missile Defense Systems. Large global players represent the largest number ~50% of competitors, while country niche players constitute ~20% of competitors. Enhancing defenses against drones is a priority for the industry players related to the field. Government agencies and business entities are working together to develop technologically advanced missiles and missile defense systems, such as hypersonic missiles. Some of the major players in the market include MBDA Inc., BAE Systems., Boeing, General Electric, Lockheed Martin Corporation., Northrop Grumman, Kongsberg, Bharat Dynamics Limited, L3Harris Technologies, Inc., Israel Aerospace Industries Ltd, and others.

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What is the Expected Future Outlook for the Overall Global Missile and Missile Defence Systems market Across the globe?

The Global Missiles and Missile Defense Systems market was valued at USD ~billion in 2022 and is anticipated to reach USD ~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 Missiles and Missile Defense Systems market is driven by government spending on missiles and missile defense systems across national land and water borders is being driven by rising military budgets in response to rising geopolitical tensions among various countries and fears about terrorism. However, the market is also constantly being influenced by rapid development in technology, product innovation, and diversification in some countries.

With the increasing Governments Support, the Global Missiles and Missile Defense Systems market is growing steadily. For instance, In July 2022, L3Harris Technologies has been awarded a contract to build the Tranche 1 Tracking Layer satellite programme for the Space Development Agency (SDA), which will serve as "eyes in the sky" detecting, identifying, and tracking advanced missile threats. The contract could be worth US$700 million in total.

Furthermore, In March 2019, the United States Army awarded a US$713 million contract to Northrop Grumman Corporation for the production of an Integrated Air and Missile Defense (IAMD) Battle Command System (IBCS) for the first phase of Poland's WISA air and defense program.

The Global Missiles and Missile Defense Systems Market is anticipated to grow significantly during the projected period (2022-2028) owing to the geopolitical tensions between various nations and fears about terrorism rise, countries' military budgets are increasing, which is driving government expenditures in missiles and missile defense across the land and water borders. During the forecast period, it is anticipated to primarily drive market growth. The creation of technologically sophisticated missiles and missile defense systems, such as hypersonic missiles, is currently a joint effort by government agencies and businesses. Future market growth is expected to be accelerated by the incorporation of artificial intelligence into missile systems. Though the market is competitive with ~260 participants, global players control the dominant share and regional players also hold a significant share.

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

Global Missiles and Missile Defense Systems Market

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

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Global dental services market is segmented by North America, Europe, Asia Pacific and LAMEA.

Based on the region, the North America dominated the global dental services market in 2020, in terms of revenue and is estimated to sustain its dominance during the forecast period. North America was followed by Asia Pacific and Europe. The increased awareness regarding oral problems, high disposable income, increased cases of dental caries, and faster adoption of new technologies has significantly fostered the growth of the dental services market in North America. Moreover, developed healthcare infrastructure and the presence of numerous market players and dental support organizations have exponential contributions in the market growth.

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Global Dental Services Market By Revenue Division

The Global dental services market is segmented by Domestic and International tourist.

Dental tourism has been growing significantly since last decades. Countrymen move to well-developed infrastructure having country in dental market. Though Domestic segments dominates the dental market, tourism also leading to contribute positively.

Competition Scenario in Global dental services Market

Global Dental Services Market is at a growing stage, being driven by growing awareness about dentistry among people, the rising prevalence of dental caries & other periodontal diseases, technological developments in dentistry. The Global Dental Services Industry in is fragmented with key players such as National Health Service, Integrated Dental Holdings, and Aspen Dental Management Inc.

What is the Expected Future Outlook for the Overall Dental services Market Across the globe?

The Global Dental Services 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 Dental Services Market is driven by grow owing to growing awareness about dentistry among people, the rising prevalence of dental caries & other periodontal diseases, and technological developments in dentistry. However, the market is also constantly being influenced by rapid development in technology, product innovation, and diversification in some countries.

Global Dental Services Market is expected to extend significant development during the upcoming years attributable to the rising disposable income. The Global dental services market is expanding as a result of the increasing urbanization and rising standard of living. Additionally, Global share of the Dental services Market will increase as a result rising dental awareness and dental tourism.

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

• Dental Service Providers
• Dental Equipment Distributors
• Dental Equipment Manufacturers
• Dental Clinics
• Hospitals
• Healthcare Companies
• Pharmaceutical Companies
• Tourism Agencies
• Government Bodies & Regulating Authorities
• Existing dental service providers
• New Market Entrants
• Investors
• Dental care Associations

Time Period Captured in the Report

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

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

Global Dental Services Market

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The Myanmar Agriculture Machinery Market is eying to become an MMK 200 bn market by 2026. Will Myanmar be able to achieve that mark? Ken Research

 Due to COVID-19 Outbreak, OEMs were unable to deliver new orders. Due to this, dealers faced low availability of machines, spares, and attachments. Major Product Categories witnessed a decline in sales between 4-12% on the basis of volume and value. The government’s increased focus on agriculture mechanization in the country is expected to increase the demand for agricultural machinery in the country, registering a CAGR of 8.8% during the forecast period. Modernization would drive growth, as farmers are expected to increase the adoption of combined harvesters and tractors, thereby making their operations more efficient and reducing dependency on labor.

Click to Read Full Article: Myanmar Agriculture Machinery Market

1. Enhancing Access to Finance was Top Priority of Government for Tackling the Economic Slowdown in Myanmar

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Request a Free Sample to learn more about the report: Click here Due to the Covid 19 Pandemic complete supply chain was disturbed from component supply to container availability for shipments. There were no containers on Inland Container Depots (ICDs). Myanmar Market being completely import driven faced high difficulties in providing orders for demand. The commercial backing by providing low interest loans to farmers, cutting down interest rates shows good intent from government. Moreover, structural reforms and government tenders will help the market demand in returning to normalcy. General Demand will also pick up slowly. Furthermore, Ministry of Finance and Planning increased the loan on paddy production to MMK 100,000 to MMK 150,000 per Acre.

 2.  The Agriculture Machinery Market in Myanmar is Completely Import Driven.

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The agriculture equipment market in Myanmar is currently exclusively import dependent. The Ministry of Commerce, effective from November 2017, granted the permission for joint ventures (JVs) between foreign and domestic companies to import and sell agricultural machinery. All OEMs such as Kubota, Sonalika, John Deere, New Holland and others are importing products in country. Moreover, the market has strong competition from Chinese brands importing in country in unorganized manner. Total 30-40 players are present in the market.

3. Combine Harvesters were Introduced in Myanmar in 2012, so there is still a Big Untapped Market.

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Farmers are able to minimize post-harvest loss and reduce the grain damage by using Combine Harvester. Further, it will help in saving costs of purchasing small machineries such as Threshers and Reapers. Using machineries farmers are able to harvest 10 acres in one day on an average. Thus, they are able to reduce the time and prepare for planting next crop in advance. Currently, Price is the biggest barrier for a farmer purchasing CH. Therefore, many farmers are renting them. Customers are purchasing Chinese and Thai Brands as they are low priced. Improvement in farm land holdings, systematic farm roads will help in increasing the access of CH in farms. In Future, more brands are expected to enter the market. John Deere also planned to launch their Combine Harvester by 2022 end. The demand will increase for Corn Combine Harvesters.

4. Government Initiatives, Growth In Machinery Supply, etc. has developed the market for agriculture equipment’s.       

Govt through its various policies and initiatives such as Myanmar Sustainable Development Plan (MSDP, Feb 2018), Agriculture Development and Strategy Plan (August, 2018), Roadmap for Myanmar’s Seed Sector (2017-20), has been strengthening the agriculture sector and penetration of mechanization. Number and location of machinery supply business increased drastically in Myanmar, which led to increase in variety of machines supplied. The machines became more affordable due to this. Furthermore, Systematic Farm Land reforms such as Rectangular Plot Shape, Boundary Ratio (1:3), Equal Plot Size, Irrigation and Drainage Facilities and other key changes are undertaken. This will help in more effective usage of farm machinery, lead to better crop production, mitigate the value chain and other benefits.