Friday, September 30, 2022

5 Key Insights on US$16 Bn Opportunity in Global Enzymes Market: Ken Research

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Driven by Rising Demand for Enzymes for the production of Functional Food Products along with Advancement in Enzyme Engineering and other Technologies, the Global Enzymes Market is Forecasted to reach nearly US$ 16 Bn by 2028 says Ken Research Study.

Enzymes are proteins that help speed up the chemical reaction and improve the quality of the end products. It is used in various end-user industries namely food and beverages, animal feed, biofuel, diagnostics, pharmaceuticals, research and biotechnology, and others. Enzymes are increasingly gaining popularity globally to improve the quality of the end-product in various consumer product industries. The rising adoption of specialty enzymes for the production of medicines, biotherapeutic products, and others coupled with the growing need for medicines to treat various diseases including cardiovascular disease, digestive disease, cancer, and others is anticipated to propel the growth of the enzymes market. Ken Research shares 5 key insights on this high opportunity market from its latest research study.

1. Enzymes Market has Seen Steady Growth Owing to Advancement in Enzyme Engineering and other Technologies.

According to Ken Research estimates, the Global Enzymes Market – valued at around US$ 8 Bn in 2017 grew to reach nearly US$ 10 Bn in 2021 – is expected to grow further into around US$ 16 Bn opportunity by 2028. The market is expected to witness strong growth during the forecast period owing to the growing demand for innovative enzymes among various end-use industries coupled with advancements in enzyme engineering technologies. The development of new enzyme engineering technologies is increasing for making effective functional changes in enzymes and producing innovative enzymes efficiently, which has further fueled market growth. The manufacturers are also involved in strategic developments like partnerships, investments, and others for enzyme engineering which is further expected to create immense growth opportunities for the global enzymes market.

In April 2022, Enzymit Inc. secured US$ 5 million investment to develop a computational design platform to engineer innovative enzymes for bio-production. The new designer enzyme could help replace chemical reactions in modern production methods that are inefficient, unsustainable, and polluting.

In July 2021, Unilever partnered with Arzeda, a protein design company to harness its digital biology technique for designing and discovering new enzymes for the cleaning and laundry industry. The partnership aimed to enhance the company’s product portfolio.

Global Enzymes Market Size

2.  Increasing importance of Enzymes for Biofuel Production is the Major Growth Driver for the Global Enzymes market.

Enzymes are gaining significant importance for the production of biofuels as the non-renewable sources are getting depleted which has led to an increase in environmental concerns and increasing demand for renewable energy sources such as biofuels. According to the National Geographic Society, globally approximately 80% of the total amount of energy comes from fossil fuels, but the major problem is the limited availability of non-renewable sources and it also releases carbon dioxide which is harmful to the environment. With the growing population, the need for energy is increasing and constant dependence on non-renewable sources such as coal, oil, natural gas, and nuclear energy will eventually lead to depletion.

Biofuels are derived from the conversion of biomass including bioethanol, biodiesel, biogas, and biohydrogen. They are sustainable and renewable sources of energy and when burnt releases reduce the level of carbon oxides, sulfur oxides, and particulates compared to fossil fuels. Lipase and phospholipase are the major enzymes used for the production of biodiesel. The increasing demand for biofuels has led to intensive research and development activities on manufacturing low-cost enzymes which can efficiently produce biofuels. The aforementioned factor is anticipated to propel the growth of the market.

In August 2020, according to Technology Networks, researchers at the Brazilian Center for Research in Energy and Materials (CNPEM) genetically engineered low-cost enzyme cocktails from a fungus that helped break down the carbohydrates in biomass, like sugarcane (tops and leaves) and bagasse into fermentable sugar. The low-cost enzyme cocktails can be used efficiently to produce biofuels from sugarcane residues.

Growth in biodiesel

3.  High Cost Associated with Enzyme Production is the Most Significant Barrier to the Growth of the Enzymes Market.

The cost of enzyme products is on the higher side, especially those that are manufactured from microorganisms, which can create a major hindrance to the growth of the market.  The cost of enzyme isolation and purification is comparatively higher than that of any other catalyst. In addition, the production of enzymes requires highly advanced techniques in steps like purification, which ultimately increases the cost of the enzymes. Highly expensive enzymes will ultimately result in the high cost of end-product which is expected to impact the demand for products and will pose a most significant barrier to the growth of the market.

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According to National Center for Biotechnology Information (NCBI), the main challenge for enzyme utilization in industrial applications is its high cost. The enzyme cost is expensive as the process for isolation and purification of enzymes is many times higher in comparison to the ordinary catalyst.  In addition, enzymes are highly sensitive to various denaturing conditions during the isolation process and thus require careful handling.

Enzymes Production

4.  Food and Beverages holds the major share in the Applications segment and are Expected to Maintain Dominance during the forecast period.

Among the applications segments, food and beverages remained the dominant segment during the 2019-2021 period contributing to maximum market revenue share. Further, the Research Study found that this segment is likely to retain dominance even by 2028. Its dominance is owing to the rising population and increased disposable income that has boosted the demand for food and dairy products. In addition, the demand for immunity-enhancing food products is increasing among consumers which has increased the demand for enzymes in food & beverage products to enhance the nutritional value as well as to improve the quality, taste, and texture of the end-product. The growing demand for enzymes in the food and beverages industry has enabled manufacturers to launch new products in the market.

In June 2021, IFF launched an all-in-one enzyme solution called Nurica, which helps dairy manufacturers to produce high-fiber, low sugar, and lactose-free dairy products. It harnesses the lactose to generate a high yield of prebiotic galactooligosaccharides (GOS) fibers naturally. The company aimed to offer an enzyme for the dairy industry which helps maintain the quality of the products while fulfilling the demand for lactose-free products of consumers.

Global Enzymes Market Revenue Share

5. North America Region Dominates the Market with the Majority of the Market Revenue Share

North America region holds maximum market share and dominates the industry owing to a strong foothold in various end-use industries such as animal feed, food and beverages, pharmaceutical, cleaning, and others. Moreover, manufacturers of enzymes are actively involved in strategic partnerships and players are also planning to expand their business in the region, which is further expected to augment the growth of the region in the enzymes market.

In June 2022, Enzyme Innovation partnered with Sumitomo Chemical America to sell their line of animal feed enzymes and probiotics in the U.S. The partnership aimed to offer its product line to livestock and poultry producers in the U.S.

In March 2022, Meteoric Biopharmaceuticals planned to expand its enzymes business into the U.S. and are looking for opportunities for strengthening its research and development activity.

The Research study shows that surging demand for enzymes in various end-use industries coupled with early adoption of advanced technologies in biotechnology and pharmaceutical industries in the region is anticipated to augment the growth of the enzymes market in North America.

Global Enzymes Market Revenue

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

Global Enzymes Market

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3 Key Insights on Competitive Landscape in Global NaaS Market

 Global NaaS Market is Highly Competitive with about ~500 Competitors Comprising a Large Number of Country-Niche Players, Regional Players and Global Players, finds a recent market study by Ken Research

Country Niche Players Constitute ~65% of Total Number of Competitors, While Global Companies Constitute ~5% as of 2021.

A comprehensive competitive analysis conducted during the Research Study found that the Global NaaS market is highly competitive with ~500 players, including globally diversified players, regional players, and a large number of country-niche players with their niche in advancement in cloud-based solutions for multiple end-user industries. The majority of the top 20 global cloud-based solution companies, including Verizon, Cisco, Rackspace, Aryaka, Aruba, Juniper, Cloudflare, and Oracle., maintained their leading positions in the forecasted period. The majority of the country’s players offer end-to-end solutions to the customer to operate their own networks without maintaining their own networking infrastructure. Some of these who successfully evolve to create cloud-based solutions often get acquired by large Country Niche players seeking to grow and diversify quickly. “Ken Research shares 3 key insights on this high opportunity market from its latest research study”

Country-Niche Players' and Organization’s Ongoing Efforts to Provide Customized Solutions to End-User Industries Are Driving Their Revenue Growth In This Market.

Detailed comparative analysis of key competitors available within the Research Study shows that numerous Cloud-based companies such as Juniper, Aryaka, Verizon, Cisco, and more are highly focused on providing a significant number of cloud-based solutions and network security that can be used across end-user industries. Furthermore, Numerous companies and organizations are aggressively investing in advanced technology, software, and network security activities.



  • In September 2022, Juniper announces its expansion to Apstra software. This will help Juniper enterprises, service providers, and cloud provider customers to manage their data center automation.
  • In June 2021, AT&T introduced Cisco Webex Calling. AT&T Business offers Webex Calling with AT&T Enterprise to Cisco's Unified Communications Manager - Cloud (UCMC). It will support businesses in increasing digitization and process optimization. UCMC will increase reliability and effectiveness for all users of Webex Calling with AT&T-Enterprise.
  • In March 2021, Verizon introduced NaaS. This new SDN and NFV solution allows businesses to switch to a virtual infrastructure paradigm, resulting in more agility and on-demand resources.
  • In December 2021, Aryaka Networks introduced an "all-in-one" SD-WAN and SASE solution for diverse businesses. This decision has helped to increase company flexibility and accelerate cloud adoption.

The Ongoing COVID-19 has noticeably contributed to the development of the NaaS market.

During the acute phase of the ongoing covid-19 pandemic, retailers used NaaS to reduce network capacity in physical locations. While boosting network capacity for online operations they effectively minimized network capacity in a physical location. Organizations are quickly adopting consumption-driven NaaS models to balance the expense of their network development with the digital experience of their stakeholders in order to meet this demand and guarantee a seamless connection.

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Additionally, organizations want to make managing these new locations easier while accelerating connection to edge locations. To make sure the network satisfies their company's requirements, they need straightforward platforms that permit quick access to new technologies.

Organizations are now able to tackle these problems with the use of artificial intelligence (AI), machine learning (ML) technologies, and adaptable consumption models like network-as-a-service (NaaS). According to International Data Corporation's data, almost one-third of firms have already used NaaS, and another 35% aim to do so within the next one to two years.

Increasing Government Initiatives, Strategies, and Investments in Cloud-Based Solution, Notably Supporting Network and Cloud-based software Market Growth.

The post-pandemic trends have enhanced the need for agility in IT, network procurement, and administration. Timelines for IT procurement have accelerated and investments have increased as compared to before COVID. IDC1 reports that 71% of businesses think COVID-19 has made their long-term planning cycles shorter. The same participants also indicate that long-term planning cycles have been reduced to two years or less in 82% of situations.

  • In August 2022, Juniper announced its acquisition with WiteSand a pioneer of cloud-native zero-trust Network Access Control (NAC) solutions This acquisition will combine teams and technology that will accelerate the delivery of next-generation Network Access Control (NAC), born in the cloud and driven by Mist AI.
  • In December 2021, Verizon Business and Cisco joined up to support the company's network as a service (NaaS) digitization plan with Cisco-managed SD-WAN services, including options for 4G and 5G connectivity. Both companies may now use Verizon's 4G and 5G networks, enabling them to develop, adopt the newest technology, and remain adaptive to meet the always-changing needs of their consumers.
  • In December 2021, Cloudflare announces its acquisition with Zaraz to boost website speed and security without harming privacy.

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

Emerging Companies in NaaS Market

Related Report –

Global Network as a Service Market Size, Segments, Outlook, and Revenue Forecast 2022-2028

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Global PET Film Market Is Expected To Reach USD Xx Million by 2027 by Growing Demand for Electronic Devices: Ken Research

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Polyester or polyethylene terephthalate (PET) is a high-performance, crystal-clear thermoplastic made from the dimethyl terephthalate and ethylene glycol (DMT). Compared with the other common plastic films, PET film has greater tensile strength, exceptional dimensional stability, less moisture absorption and good retention of the physical properties over the fairly broad temperature variety. It also has greater UV resistance, brilliant electrical properties, upright optical clarity, high gloss, and good gas barrier but only modest moisture barrier properties. It is the perfect film for quality printing and lamination and an upright choice for high-performance plastic films and sheets. It has a moderately high melting point, making it appropriate for applications that demand the sterilization at high temperatures. The growing demand for flexible packaging primarily propels the global PET Film Market. The propelling force for flexible packaging is the growth in requirement for convenient packaging required in the food & beverages and pharmaceutical industries.

And the other aspect for the growth of the PET film market is the growing demand for the electronics devices market such as mobile, LCDs and several others. The panels display in these electronic devices utilized PET films which indeed propels the market for PET films. According to the report analysis, ‘2022-2027 Global and Regional PET Film Industry Status and Prospects Professional Market Research Report Standard Version’ states that manufacturers and brand owners are aiming on packaging solutions with great printability, which can be utilized as a well-organized marketing tool. Polyester films have applications in a broad range of industries, involving the food & beverage industry, cosmetics industry, and pharmaceutical industry, among others. The requirement for polyester films is projected to augment on the backdrop of growth in requirement for convenience packaging around the world.


In addition, the report is a compiling of first-hand information, qualitative and quantitative calculation by industry analysts, inputs from industry authorities and industry participants around the value chain. The report delivers an in-depth analysis of parent market trends, macroeconomic indicators and governing aspects along with market attractiveness as per segments. The research report also maps the qualitative impact of several market aspects on market segments and geographies.

On the basis of types, the global PET film market is classified into BoPET, CPET, and A-PET. On the basis of applications, the global PET film market is categorized into billboard, traffic signs, industrial safety sign and several other.

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The report covers the key market players of the industry comprising Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market's competitive landscape and comprehensive information on sellers and comprehensive details of features that will challenge the growth of chief market vendors.

On the basis of region, the North America polyester films market is projected to spearhead the growth of the global polyester films market throughout the forecast duration, owing to a well-established retail segment. The Asia Pacific region is anticipated to observe the high growth rate, owing to positive outlook of retail sector growth in the region. Shifting consumer lifestyles in the region is projected to fuel the requirement for polyester films in packaging, further delivering the opportunities for augment in applications.

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Global PET Film Market: Ken Research

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Global PET Film Market 2020 by Manufacturers, Regions, Type and Application, Forecast to 2025

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3 Key Insights on Competitive Landscape in Global Printed Signage Market

 Global Printed Signage Market is Highly Fragmented with ~1000 Competitors Comprising a Large Number of Country-Niche Players, Regional Players, and Global Players, finds a recent market study by Ken Research

Printed signage is a widely used form of signage solution. Signage is the usage of symbols and signs to convey information. It is used to advertise products to attract customers and expand their knowledge about the products through billboards, backlit displays, etc. Printed Signage is being used by several companies and organizations for day-to-day operations, like advertising and marketing purposes, commonly across retail locations, lobbies, tradeshows, showrooms, event venues, and points of purchase. Ken Research shares 3 key insights on the competitive landscape of this dynamic market from the research study.

Global Players that Constitute Just 5% of Total Number of Competitors Hold Largest Revenue Share, While Regional Companies Hold 80% Share in Terms of the Total Number of Players in the Market.

A comprehensive competitive analysis conducted during the Research Study found that the Global Printed Signage market is highly fragmented with ~1000 players which include globally diversified players, regional players as well as a large number of country-niche in printing, advertisement, and marketing. The majority of the top 20 global printed signage companies, including Orafol Europe GmbH, Spandex Ltd., and Lintec Corporation maintained their leading positions during the historic period of study. The majority of the country’s players offer end-to-end solutions that assist in printing, provide printing-related products, discover new and more fixings and fastening-related products, and supply tools, accessories, and equipment for the print signage industry. Some of these who successfully evolve to create printed signage solutions often get acquired by large global players seeking to grow and diversify quickly.

Leading Global Competitors’ Ongoing Efforts to Provide Specialized Printed Signage Solutions to End-User Industries Are Driving Their Revenue Growth In This Market.

Detailed comparative analysis of key competitors available within the Research Study shows that specialist players such as Orafol Europe GmbH, Avery Dennison Corporation, and Lintec Corporation are highly focused on providing a significant number of printed signage solutions and advanced techniques that can be used across end-user industries such as transportation and logistics, retail, healthcare, sports, entertainment, etc. Furthermore, Numerous companies and organizations are aggressively investing in advanced printing, advertising, marketing, and increased R&D activities.



  • In April 2022, ORAFOL Group invested approx. USD160 million to expand the production at its headquarter in Bradenburg. This investment will be used for the construction of two new production halls by 2024. ORAFOL will establish a completely autonomous production facility that will be used to finish plastics for numerous industries.
  • In May 2022, Avery Dennison, invested approx. USD 59 million to expand its manufacturing capacity and improve factory efficiency in Europe to meet the growing demand of the printed signage industry.

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The Ongoing COVID-19 has had a Mixed Impact on the development of the Printed Signage market.

Lockdown induced by the governments across the globe due to Covid-19 has disrupted the supply chain and manufacturing operation worldwide. The printed signage market has a mixed impact due to changes in demand from various end-user industries. The outbreak of the Covid-19 pandemic has resulted in a reduction in travel worldwide. This harmed the transportation and logistics industry, thus restricting the usage of outdoor printed signage. However, end users, such as healthcare, witnessed increased demand to make signages related to COVID-19 precautions.

For instance, in 2020, Caldron Graphics, an Indian provider of significant format inkjet printing technologies for indoor signages faced supply chain disruption as many of the machines are imported from China. Since lockdown, these machines were trapped in the customs airport.

Increased adoption of Printed Signage Market across the World leading to major industry-wide developments, acquisitions, and deal-wins

  • In April 2022, Brihanmumbai Municipal Corporation (BMC) made printed signage to be mandatory for shops and business establishments in Mumbai in Marathi and Devanagri scripts. It also stated that the font size of the letters in the Marathi language should be prominently visible and should be larger than the fonts of other languages that are being used on the signboards. It is likely to create an inflow of business opportunities for the signage industry in India.
  • In January 2022, Lintec Corporation acquired Morgan Adhesives Company, LLC headquarters in the USA and entered into the business agreement with Spinnaker Holding Inc., and its wholly-owned subsidiary Spinnaker Coating, LLC.
  • In February 2022, Avery Dennison Corporation acquired TexTrace AG. The innovative technology developed by TexTrace provides the opportunity to fully integrate radio frequency identification (RFID) into garments. Brand labels with built-in RFID are an all-in-one solution for product branding, brand and theft protection, product availability, consumer interaction, and enhanced convenience, such as self-checkout.

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

North America Printed Signage Market

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5 Key Insights on $50 Bn Opportunity in Global Printed Signage Market

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

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Few Diverse Global Players Dominate the Market Holding Over 40% of Revenue Share Despite Presence of about 150 Competitors Comprising a Large Number of Country-Niche Players and Some Specialist Players, finds a recent market study on Global Enzymes Market by Ken Research

Global Players that constitute about 20% of the Total Number of Competitors Hold the Largest Revenue Share of over 40% While Regional Companies Also Have a Strong Presence.

Enzymes are proteins that help speed up the chemical reaction and improve the quality of the end products. It is used in various end-use industries namely food and beverages, animal feed, biofuel, diagnostics, pharmaceuticals, research and biotechnology, and others. A comprehensive competitive analysis conducted during the Research Study found that the Global Enzymes market is highly competitive with ~ 150 players which include globally diversified players, regional players as well as a large number of country-niche players having their niche in Enzymes. The large global players comprise about 20% in terms of the number of companies and hold over 40% of the market revenue share followed by regional players that account for nearly 35% of the market revenue. Most of the country-niche players are operating their enzymes business and continuously engaged in strategic developments such as innovative product launches, expansion, and others, and also large global players are expanding their enzymes business through strategic partnerships, acquisitions, and others. Ken Research shares 3 key insights on the competitive landscape of this dynamic market from its latest research study.

Number of Companies vs Market Revenue

Leading Key Players' Ongoing Efforts To Provide Innovative Enzymes Are Driving Their Revenue Growth From This Market

Detailed comparative analysis of key competitors available within the Research Study shows that key players such as Novozymes A/S, IFF, F. Hoffmann-La Roche Ltd, and others are highly focused on providing a broad category of enzymes types for various end-use industries, and are deeply involved in strategic developments such as partnership, expansion, and others. Furthermore, several companies are aggressively expanding their production facilities to scale up enzyme production to fulfill the growing demand for enzymes among end-users and are partnering with other players to design new enzymes efficiently.

In October 2021, BASF and Cargill expanded their partnership for animal nutrition business and planned to develop, produce, and market enzymes solutions and products based on customer’s preferences. The partnership aimed to develop innovative enzymes-based solutions for animal feed industry and to help farmers reduce nutrient waste, improved quality feed efficiency, and promote animal growth.

The Ongoing COVID Pandemic Led to the Rising Demand for Nutritional and Immunity-Enhancing Products

The COVID-19 pandemic has significantly increased the demand for nutritional and immunity-boosting products among health-conscious consumers.  The pandemic has made people become extremely conscious about their health and hence they are opting for food and supplements which provides nutrition and enhance immunity. In addition, the enzymes gained prominence, especially during the COVID-19 pandemic as the demand for medicines increased with the increasing prevalence of various diseases like chronic diseases, cancer, jaundice, pancreatitis, neurodegenerative disorders, and others.  The demand for enzymes increased in the pharmaceutical and diagnostics industry as the enzymes are used for the production of various medicines and even in the diagnostics process.

The growing demand for enzymes for the production of nutritional and immunity-boosting products has enabled the players to launch innovative enzyme products and expand their presence in the market to fulfill the growing demand of the end-user industries.

In November 2021, Novozymes and Novo Nordisk Pharmatech collaborated on the development of specialty enzymes to support the production process of regenerative medicines and biopharma products. In August 2021, Advanced Enzymes Technologies entered the e-commerce space in India with its immune-supporting brands- ImmunoSEB and Biome Ultra, which comprised systematic enzymes and probiotics. These products help enhance immunity and are effective in reducing ‘long Covid afflictions.

As per the analysis, the initiatives taken by the key players such as innovative product launches, collaboration, partnerships, and others during COVID-19 have fueled the market growth.

The growing need for Innovative Enzymes among End-Users Led to Major Industry-Wide Developments, Acquisitions, Partnerships, and Expansion.

In August 2020, according to Technology Networks’ researchers at the Brazilian Center for Research in Energy and Materials (CNPEM) genetically engineered low-cost enzyme cocktails from a fungus that helped break down the carbohydrates in biomass, like sugarcane (tops and leaves) and bagasse into fermentable sugar. The low-cost enzyme cocktails can be used efficiently to produce biofuels from sugarcane residues.

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

Global Enzymes Market

Contact Us:-
Ken Research
Ankur Gupta, Head Marketing & Communications
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Emerging Trends of Automotive Transmission Market: Ken Research

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A mechanism for supplying several gear or drive rations between an automotive vehicle’s engine and drive wheels, with the major objective of enabling the car to accelerate speedily from the stop and maintain engine proficiency around a broad variety of speeds. Robust engine braking and simple limitless gear control are features of the automotive transmission systems. The foremost components of a car that underwrite to fuel efficiency are the transmission systems, and the AMT system is quite good at carrying the driver the proper gear at the accurate moment. This transmission is made up of a number of parts, involving a computer-controlled input shaft, a hydraulic system, a transmission pump and several others. The technological advancements and the evolution of transmission systems as per the performance demands around numerous vehicle types, involving heavy commercial vehicles (HCVs) and passenger cars, are predicted to propel the market growth over the review duration.

Speedy technological advancements in automotive transmission manufacturing are predicted to foster the market growth. According to the report analysis, ‘Automotive Transmission Market: Current Analysis and Forecast (2021-2027)’ states that the transportation sector's enlargement can be linked to population augment, globalization, and speedy urbanization. In addition, the growth of ecommerce and cargo services is solidification the transportation industry all over the globe. Owing to the fast growth of the automobile industry across the world, there is an increment in requirement for long-lasting and proficient transmission systems for vehicles. Heavy commercial vehicle sales, such as trucks and trailers, are being fostered by the augment of the global supply chain and logistics segment. These large vehicles demand a lot of power to turn the wheels, which may be accomplished with the assistance of automobile transmission systems. Mergers and acquisitions in the universal automobile transmission market are projected to promote market growth. Modernization and an augment in an individual's disposable money are two proficient elements propelling the use of automated transmission systems in vehicles.


Based on vehicle type, the market is classified into Passenger Car, Light Commercial Vehicles, and Heavy Commercial Vehicles. The Passenger Car segment created revenue of USD XX billion during 2020 and is projected to rise at a CAGR XX% during the forecasted period. The requirement for passenger automobiles is propelled by volatile fuel prices and transit infrastructure. The advancing economic outlook around the United States and several developing nations, such as China and India, is probable to boost global demand for passenger automobiles. Furthermore, innovations in transmission technology in the passenger car segment, from 4-speed automatic transmissions to 8-speed and 9-speed automatic transmissions, have resulted in advancements in complete comfort, propelling experience, and fuel efficiency, fostering segment growth.

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Region wise, it is predicted that Asia Pacific region accounted for the largest revenue share and is predicted to continue its dominance increasing at the fastest CAGR throughout the review duration. The market growth is propelled by the existence of numerous prominent automobile and ancillaries in the region.

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Global Automotive Transmission Market: Ken Research

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Global Automotive Transmission Systems Market Research Report with Opportunities and Strategies to Boost Growth- COVID-19 Impact and Recovery

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5 Key Insights on $50 Bn Opportunity in Global Printed Signage Market

 Driven by Ease of Deployment, and Longer Lifespan, the Global Printed Signage Market is Forecasted to Cross ~$50 Bn by 2028 says Ken Research Study.

Printed signage is a widely used form of signage solution across the globe in various end-use facilities. It is used to advertise products to attract customers and expand their knowledge about the products through billboards, backlit displays, etc. Printed Signage is being used by several companies and organizations for daily operations, like advertising and marketing, commonly across retail locations, lobbies, tradeshows, showrooms, event venues, and points of purchase.

According to Ken Research estimates, the Global Printed Signage Market –is estimated to be US$40 Bn in 2022 – is expected to grow further into a more than US$50 Bn opportunity by 2028- “Ken Research shares 5 key insights on this high opportunity market from its latest research study”.

Printed Signage Market Has Seen Steady Growth owing to an increase in investment and collaboration

The Global Printed Signage Market is forecasted to continue the steady growth that is witnessed since 2017, primarily driven by the ease of usage and deployment of printed signages without any additional operational and maintenance costs. Printed signage also boasts a longer lifespan than any other form of signage solution. In January 2022, Lintec Corporation acquired Morgan Adhesives Company, LLC headquarters in the USA and entered into a business agreement with Spinnaker Holding Inc., and its wholly-owned subsidiary Spinnaker Coating, LLC. Such organic and inorganic developments within the companies are expected to boost the production and sales of printed signages after a mixed effect of the COVID-19 pandemic disruptions.

In April 2022, 3A Composites signed a contract to become a 25% shareholder of Swedish International AB via direct capital, strengthening its product portfolio with Sweden’s natural fiber board production facility.

Lower Deployment Costs and Increase Usage of Printed Signage is Major Growth Drivers for the Global Printed Signage market.

Cost-effectiveness is the primary factor that drives the growth of the printed signage market, as it offers low-cost and efficient signage solutions for many industries. The lower cost required for deploying printed signage as it requires papers, billboards, and printing machines as compared to digital signage which requires a higher investment cost inclusive of the signage software cost. The increasing usage of printed signage across shopping malls and retail stores is likely to drive the printed signage market.

The low cost of printed signage also becomes equally essential for small vendors and brands that are not able to effectively advertise their products or communicate with their audience. This is further expected to create a balance between the usage of printed signage and adoption of digital signage in the current world scenario.

According to Advertising Association/WARC Expenditure Report, UK advertisement 2022 spending rose 28.3% in the first three months of 2022, reaching a total of approx. USD 8 Bn, resulting in improved results for the year ahead. The country is experiencing a soft landing from the turmoil of covid-19 translating into a strong start.

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Digital Signage offering a Greater Return on Investment is the Most Significant Barrier to Widespread Printed Signage.

Digital signage provides a greater long-term return on investment. The print signage industry is facing issues with the impact of electronic media and other technological changes. Furthermore, digital signage gives more versatility because it can display various information without needing to be replaced entirely, hence restraining the market growth of printed signages.

The printed signage has a major impact on the environment as more than 40% of trees are harvested by timber companies to make paper. Most printing inks use petroleum-based ingredients having high concentrations of volatile organic compounds. The paper treatment process uses bleaching agents to give standard printer paper its white color.

As per MVIX, a provider of enterprise digital signage solutions, strategically placed digital signage and strategically scheduled messages can increase impulse purchases for stores, restaurants, amusement parks, hotels, and more.  19% of in-store buyers make impulse purchases because of digital signage.

As per Pickcel company, digital signage in the retail industry is already making up 25% of the overall sales for the brand. According to a study by Zenith Media, the share of digital channels in global adspend is increasing steadily at the expense of traditional channels.



 

Inkjet Segment holds the Largest Market Share, Owing to Its Ability to Offer Attractive Design

Among the print technology segments, the Inkjet segment is likely to hold the largest market share owing to its ability to offer attractive design during the forecast period 2022-2028. For signs, banners, displays, and home decor, inkjet technology offers appealing design advantages, including the capacity to print on a wide range of substrates, including vinyl, paper, and polyester.

However, the Sheetfed segment is expected to witness significant growth during the forecasted period, owing increase in investment by vendors on a sheetfed press. In Aug 2021, Yintong Corporation signed up for the purchase of 56 multicolor RMGT 920 series sheetfed presses at China Print to be delivered and installed over the next three years. The deal for all these 56 presses was signed at China Print 2021 by Yintong with RMGT’s Chinese distributor, Beijing Jia He Ding Xin Technology & Business known as Dinga.

The Asia Pacific is the Largest Market of Printed Signage owing to the Increase in Innovation of Signage Printers, and the Adoption of Advanced Technologies.

The Asia Pacific is expected to dominate the global printed signage market owing to the increase in the innovation of signage printers with advanced technology and sophisticated designs. Furthermore, higher penetration of retail sectors with investment in advertisement and marketing is the key factor for higher sales of printed signage in the region.

For instance, the launch of new products owing to continuous innovation is likely to drive market growth. In April 2021, Colorje announced the launch of SoniQ I, a new signage printer that expanded the company's signage printer lineup. The SoniQ I is a low-investment, high-value signage printer that offers flexible printing at high speeds.

In addition, according to the Malaysian Advertisement Association, out-of-home (OOH) spending is continuously rising and is expected to account for 19% of all advertising spending in 2021. Moreover, various companies in Malaysia, such as M2 Siganges SDN BHD, specialize in out-of-home advertising, billboards, signage, and print ads serving as a shop for all advertising and marketing needs in the country.

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

Major Companies in Printed Signage

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Bike Sharing Market Outlook to 2027 – Driven By Technological Innovations in Bike Sharing System: Ken Research

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Bike sharing is a shared transport service in which convectional bikes or electric bikes are made accessible for share use to individuals on the short-term basis for a price or free. Users are able to pick up bicycles across the city from several docked or dock-less stations and return it at another same system. Docks are superior bike racks that lock the bike, and only release it by computer control, while dock-less bike share does not demand a docking station, bikes can be parked within a well-defined bike rack or along the sidewalk. Bike sharing delivers both locals and tourists an easy, efficient, low-cost means of transportation across cities. The aspects such as increment in venture capital investments and increment in inclusion of e-bikes in sharing fleet are predicted to propel the market growth.

Technological innovation in bike sharing system and increment in government initiatives for the advancement of bike-sharing infrastructure are some of the aspects predicted to offer lucrative choices for the market growth throughout the review duration. According to the report analysis, ‘Bike Sharing Market: Current Analysis and Forecast (2021-2027)’ states that increasing popularity of e-bikes as a cost-effective and environmentally accountable mode of transportation is propelling the growth of the bike-sharing industry. The company's expansion is probable to be aided by augmented spending in R&D operations aimed at advancing battery performance and advancing bicycle infrastructure. Commuters mostly utilize these cycles for hill climbing and carrying big goods, both of which demand the manual pedaling. Bike-sharing companies in North America and Europe are substituting traditional bikes with e-bikes to deliver their customers more reliable and well-organized service.


Based on bike type, the market is categorized into Traditional Bike and E-Bike. The E-Bike segment is predicted to be the most profitable segment, as e-bikes are becoming more prevalent around the globe as a result of their speedy and flexible functions and zero carbon emissions. In addition, an augment in consumer interest in utilizing e-bikes as a cost-effective and environmentally accountable mode of transportation is propelling the growth of bike sharing. Furthermore, when associated to a pedal-operated bike, an e-bike is a much-favored option because it encounters the criteria for greater speed in short-distance commuting. Higher speeds, superior convenience, effortless driving, and altering motor power based on road conditions all underwrite to the popularity of e-bikes for sharing. Furthermore, governments all around the globe are encouraging the usage of e-bikes through various projects

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For a better understanding of the market implementation of Bike Sharing, the market is analyzed based on its universal presence around the countries such as North America (United States, Canada, Rest of North America), Europe (Germany, UK, France, Italy, and Rest of Europe), Asia-Pacific (China, Japan, India, South Korea, Rest of APAC), and Rest of World. It is predicted that the Asia Pacific region held the largest share of the market. Aspects such as growing population and higher demand for electric bikes in development countries are some of the foremost aspects propelling the growth of the market.

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Global Bike Sharing Market: Ken Research

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

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

Despite Presence of about ~800 Competitors Comprising a Large Number of Country-Niche Players, Regional Players and Global Players, finds a recent market study on Global Biomarkers Market by Ken Research

Global Players that Constitute ~5% of Total Number of Competitors Hold Largest Market Revenue Share, While Regional Companies Represent 18% Share in Terms of the Competitors

A comprehensive competitive analysis conducted during the Research Study found that the Global Biomarkers market is highly competitive with ~800 players, including globally diversified players, regional players, and a large number of country-niche players with their niche in advancement in medical technology for multiple end-user industries. The majority of the top 20 global biopharmaceutical companies, including F. Hoffmann-La Roche AG, Abbott, Johnson & Johnson, and Merck & Co., Inc., maintained their leading positions in the forecasted period. The majority of the country’s players offer end-to-end solutions that assist clinicians and scientists in better diagnosing diseases, discovering new and more personalized drugs, and performing disease assessments. Some of these who successfully evolve to create pharma and diagnostics solutions often get acquired by large global players seeking to grow and diversify quickly. “Ken Research shares 3 key insights on this high opportunity market from its latest research study”

Country-Niche Players' and Organization’s Ongoing Efforts to Provide Life Sciences Solutions to End-User Industries Are Driving Their Revenue Growth In This Market.

Detailed comparative analysis of key competitors available within the Research Study shows that numerous biotechnology, and pharmaceuticals companies such as Fujirebo, Axom Medchem, Centogene N.V., F. Hoffmann-La Roche AG, and more are highly focused on providing a significant number of healthcare solutions and advanced techniques that can be used across end-user industries. Furthermore, Numerous companies and organizations are aggressively investing in advanced computation, data analytics, and increased R&D activities.

  • In March 2022, Imagene AI, an Israeli biomarker company, announced that it received US$ 21.5 million in funding, including US$ 3 million in seed funding led by Blumberg Capital and a US$ 18.5 million Series A round led by technology-driven cancer medicine investors, to develop cancer’s genomic, proteomic, and spatial insights, as well as further understanding of cancer exacerbations and diagnosis resistance.
  • In February 2022, Fujirebo, a Japanese biotechnology company, launched two new tests for the novel biomarkers NPTX2 and sTREM2 in partnership with ADx NeuroSciences, which can help in the discovery of fresh responses in the understanding of Alzheimer's disease and contribute to the development of pharmacological therapies.
  • In 2020, F. Hoffmann-La Roche AG, a Switzerland-based pharmaceuticals company, spend US$ 16 billion (14.8 billion Swiss francs) on R&D, with increased investment in late-stage oncology and neuroscience programs which prompt the 14% increase. 

The Ongoing COVID-19 has noticeably contributed to the development of the biomarker technologies market.

During the acute phase of the ongoing covid-19 pandemic, clinicians faced several challenges, including timely diagnosis and hospitalization, effective utilization of intensive care facilities, selection of appropriate therapies, monitoring, and timely discharge. A prompt and precise diagnosis has several implications for the patient, the healthcare institution, and public health and administrative personnel. Amid the ongoing pandemic, healthcare systems are evolving to meet the growing infection rate worldwide. Laboratory markers or biomarkers saw an increase in market growth during this destructive phase of the COvid-19 pandemic as they provided additional, objective information that significantly improved these aspects of patient care.

The global need for company and governmental sponsors to discover a suitable vaccine or therapeutic for Covid-19 has increased dramatically as the pandemic entered its extreme phase in 2020. Most international research authorities had also adopted an expedited operation or accelerated approval for Covid-19-related testing to ensure that they are treated as a priority. With the increased number of Covid-19 trials from 2020 to mid-2021, most included biomarkers to assist in faster trials and lower drug development costs.

Furthermore, biomarkers in Covid-19 are indeed beneficial in numerous areas:

  • Early Disease Suspicion
  • Disease Severity Identification
  • Framing Hospitalization Metrics
  • Therapy Rationalization
  • Analyzing Therapies to Therapies
  • Predicting Consequences or Outcome

For instance, according to industry estimates, Diagnostic markers were the most commonly used biomarkers in Covid-19 trials in 2020, the first is SARS Coronavirus 2 (SARS-CoV-2), as used in 30.6% of Covid-19 trials, and the second is Coronavirus Nucleic Acid, used in 7.3% of trials.

Increasing Government Initiatives, Strategies, and Investments in Pharmaceutical R&D, Notably Supporting Drug Development is Propelling the Biomarkers Market Growth.

Prior to the Covid-19 pandemic, government-led investment and involvement in life sciences were relatively limited worldwide, with the industry relying primarily on private funding. The pandemic led governments to concede that the structure needed to be changed. Since 2020, several governments across countries have raised funds for expensive premature vaccine development and production capacity expansion, as well as other critical pharmaceutical activities.

  • For instance, in November 2020, the UK government made US$ 7.3 billion (£ 6 billion) available for the development and production of effective vaccines.
  • In February 2020, the President Trump signed an agreement to finance the federal government in the United States, along with the National Cancer Institute, the federal government agency for cancer research and training, which received US$ 6.44 billion to fuel cancer research, which is likely to have a favorable impact on biomarkers in the long-term.
  • In January 2020, Johnson & Johnson Services, Inc. received funding of US$ 250,000 from Food Allergy Research & Education (FARE), a U.S.-based non-profit organization devoted to food allergy research, to advance research on food allergy biomarkers. In addition, the grant is expected to assist in the discovery and affirmation of allergy biomarkers for the development of therapies.

Previously, the industry-funded the majority of these activities. The shift from private to public funding facilitated the development of Covid-19 drugs and vaccines more quickly.

For More Information, refer to below link:-

Global Surface Disinfectant Industry

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