Global Hand Dryers market revenue to reach US$ 1500 Mn by 2028: Ken Research

 Global Hand Dryers Market By Geography

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

Europe accounts for the largest share among all regions within the total hand dryers’ market in 2022.

The improved infrastructure and the presence of technologically advanced countries such as Germany, the United Kingdom, and France are primarily responsible for this growth.

Furthermore, the expansive increase in tourist visits to European countries is one of the major contributing factors to the hand dryer’s market.

For instance, according to Ashurst LLP, a UK-based law firm, Germany and the UK have the largest rate of domestic tourists as a share of total visitors in 2021, with 79.3% and 74.4%, respectively.

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Competition Scenario In Global Hand Dryers Market

The Global Hand Dryers market is highly competitive with ~250 players which include globally diversified players, regional players as well as a large number of country-niche players each with their niche technologies, such as airblade technology, high-efficiency particulate air (HEPA) filters, and motion sensors. The hand dryer market's growth is heavily reliant on detection technologies and advancements in electric appliances.

Country-Niche players control about ~70% of the market, while regional players hold a share of ~20%. Some of the major players in the market include World Dryer, American Specialties Inc., Dyson, Mitsubishi Electric Corporation, Panasonic Holdings Corporation, Excel Dryer, Euronics Industries Pvt Ltd, Hokwang Industries Co., Ltd., Bobrick Washroom Equipment, Inc., Jaquar, Saniflow Hand Dryer Corporation, SPL NZ and among others.

What Is The Expected Future Outlook For The Overall Global Hand Dryers Market Across The Globe?

The Global Hand Dryers 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 Hand Dryers market is driven by increasing individual awareness regarding health and hygiene, following the outbreak of the Covid-19 pandemic and rapid urbanization. However, the market is also constantly being influenced by rapid development in technology, product innovation, and diversification in some countries.

With the increasing innovation and emergence of new products, the Global Hand Dryers market is changing rapidly. For instance, In August 2022, Bobrick, a U.S.-based manufacturer of restroom accessories, and toilet partitions, launched PureDri Sanitizing Hand Dryer under its Pure Hygiene Solutions collection along with the PureSphere Air Sanitizer. In addition, the company also claimed that such products can kill 99% of bacteria, viruses, mold, and fungi in over 10 minutes

In July 2022, Euronics, a Netherlands-based retail company, introduced a new line of products, including hand dryers, sensor-operated bidet, sensor taps, sanitary napkin disposal, and automatic soap dispensers, with their new touchless fittings, to reduce contamination, particularly in public restrooms.

Furthermore, In May 2020, World Dryer, a US-based manufacturer of hand dryers and related products, launched the enhanced version of its existing VERDEdri model. The model is 30% quieter and has three additional acoustic modes for appropriate noise reduction.

The global hand dryers’ market is forecasted to continue exponential growth after the outbreak of COVID-19 pandemic worldwide. One of the main trends driving market expansion is a shift in individual preferences toward a healthier and more hygienic lifestyle, particularly in the aftermath of the covid-19 pandemic's spread across countries. Though the market is highly competitive with around 500 participants, few country-niche 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 Hand Dryers Market
• Industry Value Chain and Ecosystem Analysis
• Market size and Segmentation of Global Hand Dryers Market
• Historic Growth of Overall Global Hand Dryers Market and Segments
• Competition Scenario of the Market and Key Developments of Competitors
• Porter’s 5 Forces Analysis of Global Hand Dryers Industry
• Overview, Product Offerings, and Strength & Weakness of Key Competitors
• Covid-19 Impact on the Overall Global Hand Dryers Market
• Future Market Forecast and Growth Rates of the Total Global Hand Dryers Market and by Segments
• Market Size of Product Type, Mode of Operations, Technology, and End User Segments with Historical CAGR and Future Forecasts
• Analysis of Global Hand Dryers Market
• Major Production/Supply and Consumption/Demand Hubs within Each Region
• Major Region-Wise Historic and Future Market Growth Rates of the Total Market and Segments
• Overview of Notable Emerging Competitor Companies within Each Region 

Major Companies Profiled in the Report

• World Dryer
• American Specialties Inc.
• Dyson
• Mitsubishi Electric Corporation
• Panasonic Holdings Corporation
• Excel Dryer
• Euronics Industries Pvt Ltd
• Hokwang Industries Co., Ltd.
• Bobrick Washroom Equipment, Inc.
• Jaquar India
• Saniflow Hand Dryer Corporation
• SPL NZ

Notable Emerging Companies Mentioned in the Report

• Palmer Fixture Company
• Electrostar
• SPL Ltd.
• Taishan Jieda Electrical Co. Ltd
• TOTO LTD.
• Bio Jetdrier
• The Hygiene Company
• Warner Howard Limited

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

• Electric Appliance Companies
• Household Appliance Companies
• Consumer Electronics Products Manufacturers
• Technology Providers for hand Dryers
• Components (Electric Motor, the Fan Blade, Copper Wiring) Manufacturers
• Global Healthcare Agencies (WHO, Meditech, CDC)

Period Captured in the Report

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

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Global Hand Dryers Market

Global Ethernet Controller Market Outlook and Revenue Forecast: Ken Research

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Competition Scenario In Global Ethernet Controller Market

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

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

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

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

The Global Ethernet Controller 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 Ethernet Controller market is driven by increasing use of servers in data centers, surging number of OTT broadcasting service providers and traditional broadcasters. However, the market is also constantly being influenced by rapid development in technology, product innovation, and diversification in some countries.

With the increasing investments and emergence of new products, the Global Ethernet Controller Market is changing rapidly. For instance, In February 2022, Intel launched the Intel Xeon D- 1700, the following generation of Intel Xeon D processors, at MWC Barcelona 2022. This new Xeon D processor is designed and developed from the ground up with network and edge-specific features, comprising integrated AI and crypto acceleration, set up in Ethernet, support for time-sensitive networking and time-coordinated calculation, and manufactured-class duration. Furthermore, these new Intel Xeon D processors feature up to 100 GbE in the Ethernet output capability.

In January 2022, Realtek announced that by the end of the year it will be launching a 5GbE Single-Chip Ethernet Controller Series which is compatible with IEEE 802.3bz multi-Gigabit functions and also it will be the smallest 5GbE solution globally.

Furthermore, In September 2019, Marvell launched the family of the high-port count, ultra-low latency automotive switches with multi-gigabit routing output capabilities. This portfolio combines the industry's first high-port count aggregation switch, offering all ports at gigabit capacity allowing clustering of safety-critical detector data in an Advanced Driver Assistance System (ADAS) and data transfer over a high-speed PCIe host uplink.

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

By Bandwidth Type

• Fast Ethernet

• Ethernet

• Switch Ethernet

By Function

• PHY (Physical Layer)

• Integrated

By Application

• Servers

• Embedded Systems

• Consumer Application

• Routers and Switches

• Desktop Systems

• Others

• By Region

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North America

• USA

• Canada

• Mexico

• Germany

• UK

• France

• Italy

• Spain

• China

• Japan

• India

• Australia

• South Korea

• Europe

Asia Pacific

• LAMEA

• Latin America

• Middle East

• Africa

Key Companies

• Intel Corporation

• Broadcom Inc.

• Cirrus Logic Inc.

• Silicon Laboratories

• Texas Instrument Incorporated

• Marvell Technology Group Ltd

• Microsemi Corporation

• Realtek Semiconductor Corp.

• Mindspeed Technologies Inc.

• Siemens AG

• OMRON Corp.

• Comlab Telecommunications Inc.

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Global Ethernet Controller Market Size, Segments, Outlook, and Revenue Forecast 2022-2028: Ken Research

Global Enzymes Market Revenue is expected to reach approximately US$ 16 billion by 2028: Ken Research

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Global Enzymes Market By Application

The Global Enzymes market is segmented by Application into Food & Beverages, Animal Feed, Cleaning Products, Biofuel, Research & Biotechnology, Diagnostic, Pharmaceuticals and Others. Food and Beverages segment accounts for the largest share in 2022 of the global enzymes market owing to the growing demand for enzymes to modify the properties of food and beverage products including bread, juices, wine, beer, dairy products, and others. Enzymes are widely used in the formulation of fruit juices as it helps improve the quality by clarifying fruit juices and in the dairy industry to improve the taste, texture, and quality of dairy products.

Global Enzymes Market By Geography

The Global Enzymes market is segmented by geography into North America, Europe, Asia- pacific and LAMEA. The North America region accounted for the largest share in 2022 of the global enzymes market owing to the presence of a large number of end-use industries including personal care & cosmetics, food and beverages, pharmaceutical, laundry detergent, and other industries. In addition, an increase in strategic initiatives such as partnerships by enzyme manufacturers to grow the enzyme business is expected to fuel the growth of the 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.

Competition Scenario In Global Enzymes Market

The enzymes market is highly competitive with ~150 players that include globally diversified players, regional players as well as a large number of country-niche players having their niche in enzymes. Large global players control over 40% of the market, while regional players hold the second largest share. Some of the major players in the market include BASF SE, Novozymes A/S, IFF, DSM, Codexis, Inc., Merck KGaA, Chr. Hansen Holding A/S, Advanced Enzyme Technologies, AB Enzymes, F. Hoffmann-La Roche Ltd, Thermo Fisher Scientific, Creative Enzymes, and among others.

The leading global enzymes companies such as Novozymes A/S, IFF, and F. Hoffmann-La Roche Ltd, are highly focused on providing a broad category of enzymes suitable for various end-use industries.

What is the Expected Future Outlook for the Overall Global Enzymes Market Across the Globe?

The Global Enzymes 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 Enzymes market is driven by increase in technological advancements for the manufacturing of enzymes along with the growing demand for enzymes in various industries including food and beverages, bioenergy, animal feed, pharmaceuticals, and others. However, the market is also constantly being influenced by rapid development in technology, product innovation, and diversification in some countries.

The rising research and development of enzymes for the production of biofuel are likely to create immense opportunities for the growth of the enzymes market in the forthcoming years. 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.

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With the increasing innovation and emergence of new products, the Global Enzymes market is changing rapidly. For instance, In July 2022, Codexis, Inc., an enzyme engineering company, announced an agreement with Pfizer for the supply of an enzyme called PAXLOVID, an active pharmaceutical ingredient, authorized for emergency use by the U.S. Food and Drug Administration (FDA). It is used for the treatment of mild-to-moderate COVID-19 in patients who are at high risk of developing severe illness.

Furthermore, In January 2022, BASF SE expanded the production capacity for its feed enzyme plant in Germany. The larger production capacity enabled the company to increase the annual number of feasible fermentations runs and fulfill the growing demand for high-quality enzymes.

The Global enzymes market is forecasted to continue a significant growth that is witnessed since 2020, during the forecast period also, primarily driven by rising demand for the growing use of enzymes in various industries including food and beverages, animal feed, pharmaceuticals, diagnostics, and others. Moreover, technological advancement in the production process and increased awareness regarding environmental issues are expected to escalate the growth of the market. Though the market is highly competitive with about 150 participants, few global players control the dominant share and regional players also hold a significant share.

Key Topics Covered in the Report:-

Snapshot of Global Enzymes Market

Industry Value Chain and Ecosystem Analysis of Enzymes Market

Market size and Segmentation of Global Enzymes Market

Historic Growth of Overall Global Enzymes Market and Segments

Competition Scenario of the Enzymes Market and Key Developments of Competitors

Porter’s 5 Forces Analysis of Global Enzymes Industry

Overview, Product Offerings, and Strategic Developments of Key Competitors

COVID-19 Impact on the Overall Global Enzymes Market

Future Market Forecast and Growth Rates of the Global Enzymes Market and by Segments

Market Size of Application/End-Users Segments with Historical CAGR and Future Forecasts

Analysis of Enzymes Market in Major Regions

Major Production / Consumption Hubs in the Major Regions

Major Production/Supply and Consumption/Demand Hubs in Each Region

Major Country-wise Historic and Future Market Growth Rates of the Total Enzymes Market and Segments

Overview of Notable Emerging Competitor Companies within Each Major Country

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Major Companies Profiled in the Report

BASF SE

Novozymes A/S

IFF

DSM

Codexis, Inc.

Merck KGaA

Chr. Hansen Holding A/S

Advanced Enzyme Technologies

AB Enzymes

F. Hoffmann-La Roche Ltd

Thermo Fisher Scientific

Creative Enzymes

Notable Emerging Companies Mentioned in the Report

Associated British Foods Plc

BBI Enzymes Ltd.

Dyadic International

CapriEnzymes

Aumgene Biosciences

Amano Enzymes

Enzyme Solutions

Biocatalysts Ltd

Enzymatic Deinking Technologies

Novus International

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

Enzymes Manufacturers

Food and Beverages Manufacturers

Pharmaceutical Companies

Biotechnology Association

Biotechnology Companies

Diagnostic Companies

Biofuel Producers

Animal Feed Manufacturers

Detergent Manufacturers

Cleaning Products Companies

Cosmetics Manufacturers

Agriculture Companies

Bakery Producers

Suppliers to Enzyme Manufacturers

Food Regulatory Authorities

Government Ministries of Food

Government Ministries of Health

Food Research Institutes

Specialty Chemicals Manufacturers

Period Captured in the Report:-

Historical Period: 2017-2021

Forecast Period: 2022-2028F

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Global Enzymes Market

Global Mental Wellness Market Size, Segments, Outlook and Revenue Forecast 2022-2028: Ken Research

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Competition Scenario in Global Mental Wellness Market

The Global Mental Wellness Market is highly competitive with ~500 players which include globally diversified players, regional players as well as a large number of country-niche players each with their niche in Mental Wellness therapies and treatments. Global players constitute ~15% of competitors, while country niche players represent the largest number of competitors. The major players in the market for mental wellness have shifted the attention to bio-based materials for product manufacturing and are launching significant strategies like mergers and acquisitions and partnerships with national and international businesses to broaden the organization’s product portfolios and increase its market share worldwide.

Some of the major players in the market include Acadia Healthcare, Amare Global, Ascension, Behavioral Health Network, Inc., CVS Health, CareTech, Headspace Inc., Promises Behavioral Health, Pyramid Healthcare Inc., Universal Health Services, and others.

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

The Global Mental Wellness 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 Mental Wellness market is driven increasing prevalence of mental illnesses/disorders, such as depression, anxiety, eating disorders, and others, as a result of busy lifestyles, poor diets, a lack of physical activity, and excessive work hours. However, the market is also constantly being influenced by rapid development in technology, product innovation, and diversification in some countries.

With the increasing mergers and acquisitions, the Global Mental Wellness market is changing rapidly. For instance, In January 2022, Headspace Health acquires Sayana, an AI-powered mental health, and wellness company. In addition to this Headspace and Ginger have completed their merger in October 2021, to create a US$3 billion mental health enterprise.

Furthermore, The market for mental wellness is restricted by a variety of factors, including constrained access to mental health providers, a lack of skilled mental health care professionals, and a shortage of general community awareness of treatment options.

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The Global Mental Wellness Market is anticipated to grow significantly during the projected period (2022-2028) owing to the significance and widespread acceptance of mental health disorders. Instead of simply living a healthy lifestyle that may have a positive impact on overall wellness, the expanded concept of mental wellness in the current day aims to give people a sense of control over their health and happiness. Vendors in the market are creating programs that treat underlying reasons including lack of sleep and challenges at home instead of only tertiary remedies because mental health concerns are underreported owing to the stigma attached to them. The most recent study is focused on connecting cognitive behavioral therapy with smartphones to solve these challenges. Though the market is competitive with ~500 participants, country-niche players control the dominant share and regional players also hold a significant share.

Key Topics Covered in the Report: –

Snapshot of Mental Wellness Market

Industry Value Chain and Ecosystem Analysis

Market size and Segmentation of the Mental Wellness Market

Historic Growth of the Overall Mental Wellness Market and Segments

Competition Scenario of the Market and Key Developments of Competitors

Porter’s 5 Forces Analysis of the Mental Wellness Market Industry

Overview, Disorder Offerings, and Strengths & Weaknesses of Key Competitors

COVID-19 Impact on the Overall Mental Wellness Market

Future Market Forecast and Growth Rates of the Total Mental Wellness Market and by Segments

Market Size of Segments with Historical CAGR and Future Forecasts

Analysis of the Mental Wellness Market in Global Regions

Major Mental Wellness Type/Supply and Consumption/Demand Hubs in the Region

Region-wise Historic and Future Market Growth Rates of the Total Market and Segments

Overview of Notable Emerging Competitor Companies within the Region

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Notable Key Players Mentioned in the Report

Acadia Healthcare

Amare Global

Ascension

Behavioral Health Network, Inc.

CVS Health

CareTech

Headspace Inc.

Promises Behavioral Health

Pyramid Healthcare Inc.

Universal Health Services

Notable Emerging Companies Mentioned in the Report

Wysa

MindPeers

Gratitude

YourDOST

Jeeva

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

Manufacturers and Suppliers of Brain Health Supplements

Consultants for Brain Health Supplements

Distributors of Supplements for Brain Health

Brain Health Supplements Companies

Mental Wellness Service Providers

Wellness Solutions Companies

Wellness Products Nutritional Supplement Industries

Wellness Product Manufacturers and Raw Material Suppliers

Suppliers of Raw Materials for Nutritional Supplements

Health Supplements Organizations, Forums, Alliances, and Associations

Mental Wellness Research Organizations, and Consulting Companies

Health Regulatory Organizations and Government Agencies

Government Ministries and Departments of Healthcare

PE and VC Firms focused on Wellness Industry

Startups and Potential Entrants into Wellness Industry

Time Period Captured in the Report:-

Historical Period: 2017-2021

Forecast Period: 2022E-2028F

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Global Mental Wellness Service Market

Global Warehouse Management Systems Market Outlook, and Revenue Forecast 2022-2028: Ken Research

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What is the Size of Global Warehouse Management System Industry?

Global Warehouse Management System market is growing at a CAGR of ~% in 2017-2022 and is expected to reach ~USD Bn by 2028F.

The Warehouse Management System Market is largely driven by the development of digital technology in global logistics, including delivery of key performance indicators (KPIs), enhanced supply chain flexibility, and cost-cutting, which have pushed Third-Party Logistics (3PL) and the supply chain sector to adopt warehouse management systems along with the rising e-commerce and customer online purchasing behaviors.

WMS demand is expected to increase significantly as a result of switching supply chain strategies used by product manufacturers and rising consumer demand, especially in the transport & logistics, and retail industries. One of the key factors driving the market expansion is the requirement for manufacturers to automate warehouse management procedures and reduce costs globally. The system's capacity to deliver goods as quickly as possible via the shortest shipping routes could be the cause of the system's skyrocketing demand.

Furthermore, Despite the initial turmoil caused by the COVID-19 pandemic, steady market expansion was made possible by the booming e-commerce sector and a more useful understanding of the benefits of WMS. Additionally, the crisis has quickened the industry's adoption of WMS as well as other warehouse automation solutions.

Global Warehouse Management System Market by Deployment Type

The Global Warehouse Management System Market is segmented by Deployment Type into On-premise and Cloud-Based.

Cloud-based segment held the major market share in 2022 due to its 100% web-based feature and accessibility from any device with an internet connection.

Regardless of the size and complexity of the organization using WMS, advancements in cloud-based services are expected to accelerate the adoption of WMS software. Medium-sized and small-sized firms, which do not require the adoption of complex warehouse technologies and high-speed automation, are primarily responsible for the growing demand for cloud-based systems.

Global Warehouse Management System Market by Component Type

The Global Warehouse Management System Market is segmented by Component into Hardware, Software and Services.

The software segment accounted for the highest market share in 2022, mostly due to the growing use of WMS software by small to medium-sized enterprises (SMEs) globally.

Since online software is convenient to use, most developed and developing countries prefer to utilize it, which now has led to the software segment dominating the market.

In November 2021, Fishbowl, a software company, developed a new online version of its inventory management software.

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Global Warehouse Management System Market by Tier Type

The Global Warehouse Management System Market is segmented by Tier type into Advanced WMS (Tier 1), Intermediate WMS (Tier 2) and Basic WMS (Tier 3).

Advanced WMS (Tier 1) held the major market share in 2022 owing to the maximum level of interconnectivity and functionality of advanced wms.

Advanced WMS includes and fully integrates the main functions like slotting, labor management, transportation management, and yard management. Tier 1 WMS frequently provides the option to configure business rules within the system. Customization is enabled by the software without the need for extra, specialist programming which enables more seamless upgrading.

Global Warehouse Management System Market by Function Outlook

The Global Warehouse Management System Market is segmented by Function outlook into Labor Management System, Analytics & Optimization, Billing & Yard Management, Systems Integration & Maintenance and Consulting Services.

Systems Integration & Maintenance segment held the major market share in 2022, due to various functions that WMS performs such as receiving and storing inventory, optimizing order selection and shipping, and making recommendations on inventory replenishment.

Businesses can more effectively monitor and optimize their operations by integrating warehouse management systems with other effective software programs.

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Global Warehouse Management System Market by End-User

The Global Warehouse Management System market is segmented by Function into Automotive, Food & Beverages, Healthcare & Pharmaceuticals, E-commerce, Chemicals, Electricals & Electronics, Metals & Machinery, Retail & Consumer goods, Education, Transportation & Logistics, Manufacturing and Others.

The transportation and Logistics segment held the major market share in 2022, due to the expansion of e-commerce sector, rising income levels, and the quick adoption of WMS.

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Global Warehouse Management Systems Market Size, Segments, Outlook, and Revenue Forecast 2022-2028

Global Robotic Sensors market revenue to reach US$ 5000 Mn by 2028: Ken Research

 Global Robotic Sensors Market By Geography

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

Asia Pacific continues to be the world's largest market for robotic sensors as it accounted for roughly 73% of all newly deployed robots in 2022, according to IFR.

Stringent government actions that assist the adoption of smart factories across Asia Pacific countries as China, Japan, South Korea, and Taiwan is driving the industry’s need for automation.

According to Oxford Economics, in 2019 stated that China alone could employ 14 million robots over the period of the next 11 years.

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Competition Scenario In Global Robotic Sensors Market

The Robotic sensors market is highly competitive with ~200 players, which include globally diversified players, regional players as well as a large number of country-niche players having their niche in Robotic sensors for multiple industries.

Large global players hold the largest market share, while regional players hold the second largest share. Some of the major players in the market include ATI Industrial automation, Balluf Gmbh, Baumer Group, Cognex Corporation, FUTEK Advanced Sensor Technology, IFM Electronic, Infineon Technologies, OnRobot, Sensata, TE Connectivity, and others.

The leading global specialist companies such as Balluf Gmbh, Baumer Group, and FUTEK Advanced Sensor Technology are highly focused on providing significant Sensors for various applications that can be used across multiple industries, including Automotive, Food and Beverages, Healthcare, Logistics and Transportation, and more.

What Is The Expected Future Outlook For The Overall Global Robotic Sensors Market Across The Globe?

The Global Robotic Sensors 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 Robotic Sensors market is driven by introduction of Industry 4.0, widespread digitization and adoption of autonomous and collaborative robots across end-user 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 Robotic Sensors market is changing rapidly. For instance, In February 2022 Novanta Inc. established a new collaboration with Mass Robotics to support the development and expansion of the following wave of prosperous robotics firms.

Furthermore, In July 2022 Balluff introduced its New Generation of the compact, reliable position measuring systems in profile and rod designs. These systems include narrow magneto strictive sensors for contactless position measurement.

The market for robotic sensors is expected to continue expanding at a significant double-digit pace of ~17%, which is considerably faster than the rate the market experienced between 2017 and 2021. Owing to Industry 4.0 and digitization, the adoption of robots has increased significantly over the forecast period. Over the projection period, robotics developments are anticipated to lead to more flexible manufacturing methods, which are expected to result in a massive rise in the adoption of robotic sensors. With the rising deployment of autonomous and collaborative robots across end-user industries, the demand for robotic sensors is expected to rise to provide more precision and accuracy while operating. Though the market is highly competitive with ~ 200 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 Robotic Sensors Market
• Industry Value Chain and Ecosystem Analysis
• Market size and Segmentation of Robotic sensors Market
• Historic Growth of Overall Robotic sensors Market and Segments
• Competition Scenario of the Market and Key Developments of Competitors
• Porter’s 5 Forces Analysis of Robotic sensors Market Industry
• Overview, Product Offerings, and Strength & Weakness of Key Competitors
• COVID 19 Impact on the Overall Robotic sensors Market
• Future Market Forecast and Growth Rates of the Total Robotic sensors Market and by Segments
• Market Size of Application / End User Segments with Historical CAGR and Future Forecasts
• Analysis of Robotic sensors Market in Global Regions
• Major Production/Supply and Consumption/Demand Hubs in the Region
• Region-wise Historic and Future Market Growth Rates of the Total Market and Segments
• Overview of Notable Emerging Competitor Companies within the Region

Major Companies Mentioned in the Report

• ATI Industrial automation
• Balluf GmbH
• Baumer Group
• FUTEK Advanced sensor technology
• Cognex Corporation
• IFM electronic
• Infineon technologies
• OnRobot
• Sensata
• TE Connectivity

Notable Emerging Companies Mentioned in the Report

• OnRobot
• Sensata
• TE Connectivity
• Blickfeld
• Robotous

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

• Robotics Sensor Manufacturers
• Robotic Sensors Type Assemblers
• Robotic sensors Type Suppliers
• Raw Material Suppliers for Robotics sensor
• Potential Investors in Robotic sensors Companies
• Value Added Resellers
• Industrial OEMs of Robotics sensor
• Industrial Automation Solutions Providers
• Robotics Industry Associations
• Robotics Research Groups 

Time Period Captured in the Report

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

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Global Robotic Sensors Market

Outdoor Payment Terminal Providers may need to evolve their Business Model considering the customer experience strategies and customer value propositions to cater the changing market landscape in New Zealand: Ken Research

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1.  Growing adoption of contactless payment for mobile payment systems, rising desire for cashless & contactless payments are key factors driving the growth of OPT Market

The integration of intelligent algorithms to make quick payments at NFC-enabled terminals using smartphones, along with the untapped potential of emerging economies, are expected to offer lucrative opportunities to solution providers. The increasing adoption of alternative payment methods such as contactless or mobile methods of payments using digital wallets is also expected to contribute to the market growth. Increased usage of smartphones, adoption of cloud-based solutions, and customers’ demand for quicker payment settlements are driving the growth of the market. The rapid adoption of wireless payment terminals by retailers, rising popularity of Euro Pay, MasterCard, and Visa (EMV) cards, increasing e-commerce transactions, growth in cashless transactions in the region is driving the OPT market.

2.  The New Zealand Outdoor Payment Terminal Market is expected to increase on the basis of YoY installed base of OPT by 2025F

On an average, the adoption rate was ~ 90% in 2021 for overall installed base of OTPs in New Zealand which is expected to rise up by more 2% in 2025F. Average Price of OPT Machine was ~USD 4,000 in 2021 and expected to reach USD 5,500 by 2025F. There are 2 OPT installed at 1 dispenser unit at Fuel stations where as 1 OPT at 1 Charging Unit at EV Stations, with average age of OPT around 8-9 years. The adoption rate of OPTs, based on consumer behavior is high.

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3.  How OPT Solves End Users Point -of- Sale Pain Points

• It eliminates Payment Processing Glitches by creating dependable software and hardware optimization. The OPTs accept all possible payment cards, even cash and NFCs without system failure.
• It handles high transactions by providing 24-hour Operation with Maximize System Uptime. Data polling during ongoing fueling operation guarantees uninterrupted use.
• It delivers consistent customer response even during peak hour and can withstand harsh environment conditions.
• Guarantees Reliable and Secure Management of payments. PCI/EMV approved along with other certifications. Advanced technology improves safety on payment and automation of electromechanical pumps.
• Most importantly, it enhanced customer experience by providing high costumer satisfaction, speeding up processes and removing waiting queues. Also, colour LCD with touch input and simple user interface make it easy to use OPT for customers.

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New Zealand Outdoor Payment Terminal Market

Global Robotic Sensors market expected to record a CAGR of ~17% during the forecast period (2017-2028): Ken Research

 What Is The Size Of Global Robotic Sensors Industry?

Global Robotic Sensors market is growing at a CAGR of ~% in 2017-2022 and is expected to reach ~USD Bn by 2028F.

The Robotic Sensors Market is largely driven by introduction of Industry 4.0, widespread digitization and adoption of autonomous and collaborative robots across end-user industries

According to the Oxford Economics 2019, an independent economic advisory firm, over the past 20 years, the number of robots in use has increased three-fold, reaching ~2.25 million. In the following 20 years, trends indicate that the number of robots will grow even more rapidly, likely reaching 20 million by 2030, with 14 million of those in China alone.

One of the significant problem affecting the growing deployment of robots is the lack of skilled workers. Along with the labor shortage, the rising wages of the workforce are also having an influence on the growth of robot demand globally. Additionally, organizations must constantly train their staff to adopt new technologies, which compels them to use robotic systems and encourages market vendors to develop new system components.

Furthermore, the COVID-19 pandemic has accelerated the development of robots. The use of modern technology is increasing, especially in manufacturing and healthcare as these sectors adapt to the shifting preferences and requirements of the modern world.

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Global Robotic Sensors Market By Type

The Global Robotic Sensors market is segmented by Type into Force & Torque Sensor, Temperature Sensor, Pressure Sensor, Position Sensor, Proximity Sensor, Navigation sensor, Vision Sensor and Others.

Force & torque sensor segment is likely to hold the major market share in 2022 due to its high-precision, non-contacting, wear-free sensors having a long lifespan and providing long-term stability.

A Force and Torque (FT) sensor segment is a type of electronic instrument used to measure, track, record, and control the linear and rotational forces acting on it. In other words, the FT sensor in a mechanical or robotic system can be compared to the tiny receptors that give animals their sensation of "touch" in their skin.

Global Robotic Sensors Market By Application

The Global Robotic Sensors Market is segmented by Application into Industrial Robot Sensors, Service Robot Sensors and Collaborative Robot Sensors.

The Industrial robot sensor segment accounts for the majority share of the Robotic sensors Market in 2022 owing to the advancement of force/torque sensors and vision systems in the industrial robot sensors segment.

The industry's growth is attributed to the increasing use of industrial robots in manufacturing facilities. Force/torque sensors, collision detection sensors, and vision sensors are the principal sensors used by these industrial robots Of glass bottles is very high as compared to other packaging material types.

Global Robotic Sensors Market By End-User

The Global Robotic Sensors market is segmented by End-User into Aerospace & Defense, Automotive, Chemicals, Consumer Electronics, Energy & Utility, Food & Beverages, Healthcare, Logistics & Transportation, Manufacturing, Agriculture and Others.

The manufacturing sector holds the largest market share in the robotic sensors Market in 2022 due to the widespread use of automation in manufacturing industries, which is utilized for a wide range of tasks like packing, picking, placing, rolling, and others.

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Key Topics Covered in the Report

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

Major Companies Mentioned in the Report

• ATI Industrial automation
• Balluf GmbH
• Baumer Group
• FUTEK Advanced sensor technology
• Cognex Corporation
• IFM electronic
• Infineon technologies
• OnRobot
• Sensata
• TE Connectivity

Notable Emerging Companies Mentioned in the Report

• OnRobot
• Sensata
• TE Connectivity
• Blickfeld
• Robotous

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

• Robotics Sensor Manufacturers
• Robotic Sensors Type Assemblers
• Robotic sensors Type Suppliers
• Raw Material Suppliers for Robotics sensor
• Potential Investors in Robotic sensors Companies
• Value Added Resellers
• Industrial OEMs of Robotics sensor
• Industrial Automation Solutions Providers
• Robotics Industry Associations
• Robotics Research Groups 

Time Period Captured in the Report

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

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Global Robotic Sensors Market

Egypt has the Highest Potential for Blood Gas, POC Immunoassay, and TCM Devices in the Middle East owing to its largest healthcare infrastructure in the Region: Ken Research

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1.  Egypt has a large installed base for Blood Gas Analyzers owing to the presence of ~2000+ hospitals in the country

Egypt's expanding healthcare infrastructure is driving the growth of the Blood Gas, POC Immunoassay Analyzer, and Transcutaneous Monitoring Devices Market. The medical devices industry in Egypt is a highly import-driven industry in Egypt as there is a very limited production of medical devices in the country. Along with it, the diagnostic equipment market is witnessing an increment in the Consumable sales model as Hospitals are now preferring to rent the equipment instead of purchasing it. Egypt's expanding healthcare infrastructure has drawn significant firms from across the world to address the country's rising need for blood gas and POC immunoassay analyzers, as well as transcutaneous monitoring equipment.

2.  Implementation of Digital Solutions, Integration with HIS/LIS, Dependency on POC Devices and AI will be the future of Blood Gas Analyzers

The interface with the HIS/LIS will expedite the testing procedure, resulting in cost savings. This integration would also improve, providing a full clinical picture across the care continuum. In addition to this, a digital diagnostic system has been created that allows doctors to receive data for arterial blood gas readings from patients with respiratory or metabolic problems via a simpler, less invasive venous puncture using a digital algorithm. Furthermore, the next generation of point-of-care devices would be wireless, allowing for thorough blood analysis testing with findings in under a minute. Caregivers, patients, and hospital management all gain from faster turnaround time, patient care, and operational efficiencies when testing is moved to the patient's side.

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3.  Demand for Fully Automated devices, new testing techniques, and an Increased testing menu will be the future of POC Benchtop IAA devices

Companies are continuously focusing on developing their IAA devices to increase their testing parameters and provide an exhaustive testing menu for a single device. Growing preference for automated instruments in hospitals and laboratories will significantly improve the efficiency and quality of testing in the country. These products can meet the increasing demand for quality diagnostic testing despite of staff shortage, a commonly faced problem by hospitals and laboratories. New techniques for testing are being developed by manufacturers to broaden their testing parameters. AI will have the potential to improve operational efficiency, freeing up experts from repetitive and mundane tasks.

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4.  Handling the Reagents, Low Awareness of Devices, Delay in Delivery of the devices are some of the major challenges faced in the industry

Reagents usually have a limited shelf life and sometimes require temperature-sensitive storage which adds to the maintenance cost for the Blood Gas and Immunoassay Analyzer devices. This creates a challenging situation for both the Manufacturer and Distributor as the end users tend to demand discounts or cheap costing reagents. Moreover, end users are confused between devices with invasive and non-invasive techniques performing tests on older equipment. Delivering a BGA, IAA or TCM device takes a process of 2-2.5 months as all the products are imported from other countries. Majority of the time is taken up by custom clearance as separate approvals are required from Ministry of Health and Police department.

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Egypt Blood Gas Analyzer Market

The effective growth in the number of working population, growing corporate sector and rising tourism are the crucial factors driving the growth of Kuwait Catering market: Ken Research

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Rising Working Population: Catering services are in high demand in Kuwait to fulfil the demands of the country's fast growing population and the increasing number of visitors, pilgrims, and migrants. Furthermore, the aviation sector is another area that is boosting the market by increasing consumer demand for in-flight catering services and providing them with a choice of Kuwaiti delicacies and cuisine.

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Growing Popularity of Food Trucks across Kuwait: As the population of food lovers are increasing, so does the number of restaurants on wheels. As a result, the popularity of food trucks in Kuwait is fuelling the need for catering services. This popularity is mostly due to the convenience of food trucks, which provide a wide range of cuisine on the go. Furthermore, rising government backing for food trucks to operate around Kuwait is another factor contributing to the country's catering service industry's expansion.

Impact of Covid-19 on the Kuwait Catering Services Market: The Covid-19 epidemic had a huge influence on the hotel and catering industries in Kuwait in 2020, resulting in a considerable growth fall for the Catering Services Market. However, as individuals became more health-conscious, the demand for food with high nutritional content and safe packaging increased significantly, resulting in an increase in market growth for catering services across Kuwait. Later, when Covid-19 instances began to decline progressively, limitations were eased and commercial activities resumed, allowing catering service providers to resume operations.

Analysts at Ken Research in their latest publication “Kuwait Catering Services Market Outlook To 2027F - By Event Catering, Industrial, Education, Flight, Healthcare, Corporate, and Other Catering” observed the potential of the Catering Services Market in Kuwait. The change in consumer preferences, health-conscious among the population, technological advancement in the catering business, increasing tourism, and the ongoing demand from the Mining division is expected to contribute to the market growth over the forecast period. The Kuwait Catering Services Market is expected to grow at ~% CAGR over the forecasted period 2022-2027F.

Key Segments Covered in the report: -

Kuwait Catering Service Market

By Type:

• Contract catering
• Non-Contract catering

By Length of Contract:

• Short-Term
• 1 year
• More than 1 year

By End Users:

• Industrial
• Government
• In-Flight
• Corporate
• Education
• Event
• Healthcare
• Others

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Key Target Audience

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

Time Period Captured in the Report:

• Historical Year: 2017-2021
• Base Year: 2022
• Forecast Period: 2023– 2027F

Companies Covered:

• Luscious Catering
• Opera Catering Co
• Kuwait Hotels Company
• Wow Catering Services
• Al Wazzan Trading & Catering Co. AWTC
• Atyab Gulf Catering Services
• Al-Karam Al-Arabi for Catering Services Limited
• Anaar Catering
• Lazurd Catering

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Key Topics Covered in the Report

• Executive Summary of the Kuwait Catering Service Market
• Kuwait Catering Service Market Introduction and Value Chain Analysis
• Kuwait Catering Service Market Size, 2017-2022
• Kuwait Catering Service Market Segmentation, 2022
• Snapshot on Food & Beverage Industry
• Best Selling MENUSs – End user segment-wise
• Trends and Developments in Kuwait Catering Service Market
• Issues and Challenges in Kuwait Catering Service Market
• Porter's Five Forces Analysis for Kuwait Catering Service Market
• Regulatory Framework in Kuwait Catering Service Market
• Comparative Landscape in the Kuwait Catering Service Market
• Kuwait Catering Service Market Future Outlook and Projections, 2022-2027F
• Analyst Recommendations

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Future Outlook of Kuwait Catering Services Market

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Qatar Catering Services Industry Outlook to 2024

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