Increase in Demand for Probiotics Segment and Strict Regulations against Counterfeit Products has Supported Vietnam Nutraceutical Market Growth: Ken Research

“As the health awareness is increasing in Vietnam, the numbers of members in fitness centers have grown at a CAGR of 14.9% during 2013-2018 with number of gyms reaching to approximately 3,3399 in 2018. Rising awareness of people towards fitness has augmented the market growth for the nutritional supplements in Vietnam”.

Increase in Demand for the Probiotics Supplement: In Vietnam, doctors regularly prescribe Probiotics to treat children who have been undergoing treatment for watery diarrhea. Many people buy probiotics themselves because probiotics help in aid digestion and can be bought over the counter at pharmacies without any prescription. DSM’s latti range of Pre and Probiotics has been readily preferred by consumers in Vietnam.

Strict Regulations against Counterfeit Products: According to Ministry of Health, there were 244 cases relating to the trade and manufacturing of fake dietary supplements and pharmaceutical products. It was found out that most fake supplements arrived from China, with their label changed before being sold. Moreover, these fake supplements are often sold at much higher prices than authentic ones. According to experts it difficult to oversee the prices of health supplements, especially those sold via pyramid scheme.

Trade Pacts and Free Trade Agreements: Vietnam has been active in terms of signing Free trade Agreements throughout the world. Under the new agreement with European Union, the taxes on dairy and other nutritional food imports will be removed over a 5-year period. This will boost dairy production in country as the cost of raw material would decrease, further strengthening the dairy market in Vietnam. In addition to this, Comprehensive and Progressive Agreement for Trans-Pacific Partnership is also expected to boost trade in the country.

High Dependency on Modern Trade for Retailing: Consumers in Vietnam generally prefer to shop locally at the convenient stores due to their ubiquitousity. However it has been observed that modern retailing channels such as supermarkets and hypermarkets have high influence on the sale of functional beverages due to high range of functional beverages offered by the channel. These channels offer different type of functional beverages with wide product variety. Further, the discounts and product bundling offered by these channels increases the consumer interest and reduces the pricing for the products. With the emergence of new convenience store chained formats which are being launched by major grocery retailers it will help in further establishing the market for the Functional Beverages products and help in elevating the category from the niche market.

Analysts at Ken Research (Online Market Research) in their latest publication “Vietnam Nutraceutical Market Outlook to 2025 - By Dietary Supplements (Herbal Supplements, Vitamin and Minerals, Probiotics, Protein and Amino Acid Supplements, Omega 3 Fatty Acids, Others), By Functional Beverages (Energy Drinks, Plant based and Malt based Hot Drinks Hot Drinks, and Sports Drinks), By Functional Foods (Dairy, Baby Food, Breakfast Cereals, Confectionery, Hi-Fiber Biscuits, Snack Bars and Fruit Snacks)” observed that nutritional supplement in Vietnam is in its growth stage and is expected to expand due to rising government initiatives, introduction of new product offerings which are innovative and have scientifically-proven benefits, uses natural ingredients, market promotions, practicing compliant marketing The market is expected to register a positive CAGR of 7.0% in terms of revenue during the forecast period 2019-2025F.

Key Segments Covered:-

Dietary Supplements:-

By Type Herbal/Traditional Supplements, Vitamin and Mineral, Probiotics, Protein and Amino Acid Supplements, Omega 3 Fatty Acids, and others)

By Type of Vitamin (Single and Multivitamin)

By Distribution Channel (Chemists/Pharmacies, DirectSelling, Drugstores/parapharmacies, Internet Retailing Hypermarkets, Home shopping, Supermarkets, Vitamins and Dietary Supplements Specialist Retailers)

Functional Foods:-

By Type of Functional Foods (Dairy, Baby Food, Breakfast Cereals, Confectionary, Hi-Fiber Biscuits, Multigrain Bread, Snack Bars and Fruit Snacks)

By Type of Dairy Products (Milk, Flavored Milk, Probiotic Yoghurt, Powdered Milk)

By Type of Baby Food (Growing-Up Milk Formula, Follow-on Milk Formula, Standard Milk Formula)

By Distribution Channel (Hypermarkets, Supermarkets, Convenience Stores and Independent Small Grocers)

Functional Beverages:-

By Product Category (Energy Drinks, Plant Based and Malt Based Hot Drinks, Sports Drink)

By Distribution Channel (Hypermarkets, Independent Small Grocers, Supermarkets, Convenience Stores, Forecourt Retailers, Vending and Other Grocery Retailers).

Key Target Audience:-

Nutritional Supplements Manufacturers

Nutritional Supplements Distributors

Nutraceuticals Distributors

Government Agencies

Vitamins and Dietary Supplements Companies

Functional Foods Companies

Functional Beverages Companies

Hypermarkets and Supermarkets

Drug Stores and Pharmacies Chain

Online Sales and Retailing Agencies

Time Period Captured in the Report:-

Historical Period: 2014- 2019

Forecast Period: 2020F – 2025F

Companies Covered:-

Vitamins and Dietary Supplements:-

Herbalife Nutrition Ltd

Traphaco JSC

Amway

Forever Living Products International LLC

Tiens Vietnam, Herbalife Ltd

Nu Skin

Elken

Eco Pharma Joint Stock Company - Vietnam

Haugiang Pharmarceutical JSC

Mega Lifesciences Pty Ltd (Vietnam)

Davimin

Functional Foods:-

Vietnam Dairy Products

Royal FrieslandCampina NV

Abbott Laboratories Vietnam

Nestle Vietnam

Functional Beverages:-

Suntory PepsiCo Vietnam

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

Vietnam Nutraceutical Market

Related Reports:-

UAE Nutritional Supplements Market Outlook to 2023 - by Vitamins & Dietary Supplements (Protein Supplements, Non-Herbal Dietary Supplements Composites, Fish Oils/Omega Fatty Acids, Glucosamine, Co-Enzyme Q 10, Herbal Dietary Supplements Composites, Yeast, Garlic, Ginko Biloba), Functional Foods (Dairy, Baby Food, Breakfast Cereals, Cooking Oil Confectionary, Sweet Biscuits, Snack Bars and Fruit Snacks) and Functional Beverages (Energy Drink, FF Concentrates, Sports Drink, and Bottled Water)

Singapore Nutraceutical (Vitamin And Dietary Supplements, Functional Food And Beverages) Market Outlook To 2023 - Maturing Market Backed By Demand From Millennials For Multivitamins And Mineral

Indonesia Nutritional Supplements Market Outlook To 2023 - By Vitamins (Single Vitamin And Multi-Vitamin) & Herbal And Standard Dietary Supplements (General Health, Beauty, Digestive, Bone, Heart Health, Memory, Joint), Functional Beverages And Functional Food

Philippines Nutraceuticals Market Outlook to 2022-Composite Herbal Dietary Ingredients, Ginseng, Garlic and Ginkgo Biloba Based Herbal Supplements will Drive the Growth

Contact Us:-
Ken Research
Ankur Gupta, Head Marketing & Communications
Ankur@kenresearch.com
+91-9015378249

Rise in Investment in Construction Sector Expected to Drive Global Gypsum Boards and Gypsum Plaster Market: Ken Research

Gypsum boards, also known as wallboards or plasterboards, directly attached to wooden or metal framing by using any convenient method. It consist of a non-combustible core, and employed as an aesthetic building material. It serves as an excellent fire-resistive building material, commonly used in interior finishes. It also prevents the transfer of undesirable sounds to the adjoining areas in a building. It is generally used for decorative purposes, owing to their availability in various textures, shapes and sizes, their cost-effectiveness and flexibility. The gypsum boards market offers light weight, fire resistant, durable, and sound control products that are extensively used for partitions, ceilings and walls in both, interiors and exterior of a building.  

Gypsum plaster is a building white cementing material made by complete or partial dehydration of the mineral gypsum, usually with special retarders or hardeners added. It provides impact resistance & protection against moisture, fire, and vapors.  The key advantages are included no shrinkage cracks, high productivity, no curing time required, quick setting time and smooth finish etc.

According to study, “Global Gypsum Boards and Gypsum Plaster Market Status (2015-2019) and Forecast (2020-2024) by Region, Product Type & End-Use” the key companies operating in the global gypsum boards and gypsum plaster market are China National Building Material Company Limited, BGC Plasterboard, Everest Industries Limited, CGC Inc., Jason plasterboard Co. Ltd., Chiyoda Ute Co. Ltd., Shri Giriraj Trading Co., Continental Building Products, USG Zawawi Drywall LLC SFZ, Georgia-Pacific, PABCO Building Products LLC, Global Gypsum Board Co LLC, VANS Gypsum Pvt. Ltd., Gypsum Factory, USG Corporation, LafargeHolcim, Saint-Gobain, Qatari Gypsum, VOLMA.

Based on product type, gypsum boards and gypsum plaster market is segmented into gypsum plaster and gypsum board. Gypsum plaster segment is further sub-segmented into manually applied plaster, finishes, machine-applied plaster, and others. Gypsum board segment includes wall board, pre-decorated boards, ceiling board and others. Wall boards segment is estimated to exhibit substantial growth rate due to their wide application area during the forecast period. Based on thickness, market is segmented into 1/2-inch, 5/8 inch and others. In addition, based on application, market is segmented into institutional sector, residential sector and others. The residential segment is estimated to witness higher CAGR because of rise in urban population and enhanced purchasing power during the forecast period.

The gypsum boards and gypsum plaster market is driven by rise in development in the construction sector, followed by rise in disposable income, growth in technological advancements, increase in demand for improved infrastructural facilities in both commercial and residential sectors, rapid industrialization and rise in adoption of gypsum boards as significant building materials.  However, prone to water damage and fluctuation in the import pricing of raw materials may impact the market. Moreover, rise in awareness of consumers about environment-friendly & safer construction materials is a key opportunity for market. Furthermore, change in lifestyle of people has resulted in increasing preferences towards complicated & new ceiling designs coupled with high strength, high ductility, fire proofing and other properties are major trend for market.

Based on geography, the Asian-Pacific is a leading region in global gypsum boards and gypsum plaster market owing to rise in demand for improved housing construction and improved living standards in the region. The North-American and European regions are estimated to witness higher growth rate due to upsurge in urbanization coupled with migration towards urban regions over the forecast period. In upcoming years, it is anticipated that future of the market will be optimistic as a result of rise in expenditure in the residential construction sector during the forecast period.

For More Information, Click on the Link Below:-

Global Gypsum Boards and Gypsum Plaster Market

Related Reports:-

Gypsum Boards and Gypsum Plaster Market Research: Global Status & Forecast by Geography, Type & Application (2015-2025)

Global Gypsum Boards and Gypsum Plaster Market Status and Future Forecast 2015-2024

Contact Us:    

Ken Research                                   

Ankur Gupta, Head Marketing & Communications

Ankur@kenresearch.com

+91 9015378249

Vietnam Nutraceutical Market Outlook to 2025: Ken Research

The report titled “Vietnam Nutraceutical Market Outlook to 2025 - By Dietary Supplements (Herbal Supplements, Vitamin and Minerals, Probiotics, Protein and Amino Acid Supplements, Omega 3 Fatty Acids, Others), By Functional Beverages (Energy Drinks, Plant based and Malt based Hot Drinks Hot Drinks, and Sports Drinks), By Functional Foods (Dairy, Baby Food, Breakfast Cereals, Confectionery, Hi-Fiber Biscuits, Snack Bars and Fruit Snacks) provides a comprehensive analysis of the Nutraceutical market in the Vietnam. The report also covers the overview and genesis of the industry, overall market size in terms of revenue, segmentation on the basis of product category and channels of distribution for functional foods, functional beverages and vitamins & dietary supplements, trends and developments, issues and challenges, regulations in the vietnam, value chain analysis, private label vs. import, competitive scenario and company profiles. The report concludes with market projection and analyst recommendations highlighting the major opportunities and cautions.

Vietnam Nutraceutical Market Overview and Size

Vietnam Nutraceutical market grew at a higher single digit growth rate over the review period 2014-2019. The market growth was supported by the increasing health awareness, government initiatives, growth in the personal disposable income of the people, rise in ageing population, and preventive nature of the age group (25-45 years). The market was observed in the growth stage and will continue to remain so in the forecasted period, 2019-2025.

A change in consumption trend has been observed in the Vietnam health and wellness industry, wherein the consumers are focusing more on the preventive healthcare from taking health supplements in the old age to a shift in increasing consumption of supplements in the earlier ages in order to prevent them from permanently depending on pharmaceutical drugs. Nutraceutical are positioning itself as natural and healthy alternative to traditional medicine in the country.

Vietnam Nutraceutical Market Segmentation

Functional Food segment was the leading category in the market in 2019. The high consumption of dairy products especially milk is one of the key growth drivers for the products in the Vietnam market. This segment was followed by the Functional Beverages market.

Energy drinks was the most contributing category in the development of the Functional Beverages market. It is highly consumed by the teenagers and young adults.

The remaining contribution in the market is made by the Vitamins and Dietary Supplements in 2019. The market has developed due to the increase in participation of people in the sports and fitness activities, also energy drink is quiet famous among employees in Vietnam as it provides an extra energy boost and acts as a stress buster among these individuals.

Competitive Landscape

Vietnam Functional Foods Market: Competition in the Vietnam Functional Food market was observed to be highly concentrated with top two players that captured more than half of the segment revenue in 2019. The market has large presence of famous multinational giants with a few domestic players climbing up the ladder. Major players in the Vietnam Functional Food market are Vietnam Dairy Products JSC (Vinamilk), Royal FrieslandCampina NV, Nutifood Nutrition Food JSC, Abbott Laboratories Inc, Nestlé SA, Reckitt Benckiser Group Plc (RB) and others. Over the years, the competition is becoming intense and fierce as the companies are focusing towards improving the quality of their products.

Vietnam Functional Beverages Market: The Functional Beverage market in the VIETNAM is moderately concentrated with the top 5 players that captured more than about three fourth of the industry revenue. Some of the major players in the market are TC Pharmaceutical Industry Co Ltd, PepsiCo Inc, Nestlé SA, Masan Group Corp, Tan Hiep Phat Group, Otsuka Holdings Co Ltd and others. The companies compete on the parameters such as Branding, pricing, product diversification, marketing and promotional techniques and others.

Vietnam Vitamins and Dietary Supplements Market: Competition in the Vietnam Vitamins and Dietary Supplements market is witnessed to be highly fragmented with top 10 players that accounted to less than half of the market. The major players operating in vitamins and dietary supplements market are Herbalife Nutrition Ltd, Traphaco JSC, Taisho Pharmaceutical Holdings Co Ltd, Amway Corp, Nu Skin Enterprises Inc, Tiens Group Co Ltd, Sanofi, KT&G Corp, Khanh Hoa Pharmaceutical JSC and others. The market is mostly dominated by the foreign players and is highly dependent upon imports. The major distribution channel used by the companies are Pharmacies and Chemists.

Vietnam Nutraceutical Market Future Outlook

The Vietnam Nutraceutical market is expected to grow in the future with a single digit CAGR over the forecast period (2019-2025F). In Future, it is expected that Functional Food will continue to dominate the market, withmore than half of the total revenues. The dairy products will be the most demanded category in the functional food market and in dairy products, yogurts will be the most demanded product.

Vietnam Functional Beverages is expected to have sluggish growth in the future, mainly as the market will cope with the decline as an additional tax is proposed on sugary drinks. In2020, the market will see high growth due to the advent of Vietnam F1 Grandprix 2020 as majority of the energy drinks are sponsoring the event.

Vitamins and dietary supplements market will have the least market share among all the three categories in Nutraceutical market by the year 2025. Herbal Supplement Supplements will be leading the market by capturing most of the market by the end of the year 2025. In future, it is antcicipated that multivitamins are expected to lead the vitamins and minerals market by the year 2025.

Key Segments Covered:-

Dietary Supplements:-

By Type Herbal/Traditional Supplements, Vitamin and Mineral, Probiotics, Protein and Amino Acid Supplements, Omega 3 Fatty Acids, and others)

By Type of Vitamin (Single and Multivitamin)

By Distribution Channel (Chemists/Pharmacies, DirectSelling, Drugstores/parapharmacies, Internet Retailing Hypermarkets, Home shopping, Supermarkets, Vitamins and Dietary Supplements Specialist Retailers)

Functional Foods:-

By Type of Functional Foods (Dairy, Baby Food, Breakfast Cereals, Confectionary, Hi-Fiber Biscuits, Multigrain Bread, Snack Bars and Fruit Snacks)

By Type of Dairy Products (Milk, Flavored Milk, Probiotic Yoghurt, Powdered Milk)

By Type of Baby Food (Growing-Up Milk Formula, Follow-on Milk Formula, Standard Milk Formula)

By Distribution Channel (Hypermarkets, Supermarkets, Convenience Stores and Independent Small Grocers)

Functional Beverages:-

By Product Category (Energy Drinks, Plant Based and Malt Based Hot Drinks, Sports Drink )

By Distribution Channel (Hypermarkets, Independent Small Grocers, Supermarkets, Convenience Stores, Forecourt Retailers, Vending and Other Grocery Retailers).

Key Target Audience:-

Nutritional Supplements Manufacturers

Nutritional Supplements Distributors

Nutraceuticals Distributors

Government Agencies

Vitamins and Dietary Supplements Companies

Functional Foods Companies

Functional Beverages Companies

Hypermarkets and Supermarkets

Drug Stores and Pharmacies Chain

Online Sales and Retailing Agencies

Time Period Captured in the Report:-

Historical Period: 2014- 2019

Forecast Period: 2020F – 2025F

Companies Covered:-

Vitamins and Dietary Supplements:-

Herbalife Nutrition Ltd

Traphaco JSC

Amway

Forever Living Products International LLC

Tiens Vietnam, Herbalife Ltd

Nu Skin

Elken

Eco Pharma Joint Stock Company - Vietnam

Haugiang Pharmarceutical JSC

Mega Lifesciences Pty Ltd (Vietnam)

Davimin

Functional Foods:-

Vietnam Dairy Products

Royal FrieslandCampina NV

Abbott Laboratories Vietnam

Nestle Vietnam

Functional Beverages:-

Suntory PepsiCo Vietnam

Key Topics Covered in the Report:-

Vietnam Nutritional Supplement Market Overview and Genesis

Vietnam Nutritional Supplement Market Size

Vietnam Nutritional Supplement Market Segmentation

Vietnam Vitamins & Dietary Supplements Market

Vietnam Functional Foods Market

Vietnam Functional Beverages Market

Trends and Developments in Vietnam Nutritional Supplement Market

Regulations in Vietnam Nutritional Supplement Market

Issues and Challenges in Vietnam Nutritional Supplement Market

Private label vs. Import- Preferred Strategy

Entry Barriers of Vietnam Nutritional Supplement Market

Vietnam Nutritional Supplement Market Future Projections, 2018-2023E

Analyst Recommendations

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

Vietnam Nutraceutical Market

Related Reports:-

UAE Nutritional Supplements Market Outlook to 2023 - by Vitamins & Dietary Supplements (Protein Supplements, Non-Herbal Dietary Supplements Composites, Fish Oils/Omega Fatty Acids, Glucosamine, Co-Enzyme Q 10, Herbal Dietary Supplements Composites, Yeast, Garlic, Ginko Biloba), Functional Foods (Dairy, Baby Food, Breakfast Cereals, Cooking Oil Confectionary, Sweet Biscuits, Snack Bars and Fruit Snacks) and Functional Beverages (Energy Drink, FF Concentrates, Sports Drink, and Bottled Water)

Singapore Nutraceutical (Vitamin And Dietary Supplements, Functional Food And Beverages) Market Outlook To 2023 - Maturing Market Backed By Demand From Millennials For Multivitamins And Mineral

Indonesia Nutritional Supplements Market Outlook To 2023 - By Vitamins (Single Vitamin And Multi-Vitamin) & Herbal And Standard Dietary Supplements (General Health, Beauty, Digestive, Bone, Heart Health, Memory, Joint), Functional Beverages And Functional Food

Philippines Nutraceuticals Market Outlook to 2022-Composite Herbal Dietary Ingredients, Ginseng, Garlic and Ginkgo Biloba Based Herbal Supplements will Drive the Growth

Contact Us:-

Ken Research

Ankur Gupta, Head Marketing & Communications

Ankur@kenresearch.com

+91-9015378249

Developing Trends in the Worldwide Programmatic Display Market Outlook: Ken Research

The programmatic advertising is the computerization of the purchasing and selling of the desktop display, FBX, video and mobile ads utilizing real-time-bidding. The programmatic pronounces how the online promotions are booked, analyzed, and optimized via demand-side software (DSP) interfaces and algorithms. In addition, the programmatic displays have occurred as an advancement that is modernizing the advertising industry across the globe. The effective growth in the popularity of the social media services is playing an efficient role in booming the attractiveness of the programmatic display advertising. Almost all the foremost social podiums are now suggesting programmatic display advertising choices. Programmatic display brings the several advantages through the social media channels as marketers run more efficient campaigns through the automated buying and by reaching a detailed audience with highly pertinent messages through social media.

According to the report analysis, ‘Global Programmatic Display Market 2019 by Company, Regions, Type and Application, Forecast to 2024’ states that in the worldwide programmatic display market, there are numerous companies which recently working more actively for leading the fastest market growth and registering the handsome value of market share around the globe throughout the short span of time while increasing the applications of the programmatic display, spreading the awareness related to the benefits and positive applications of such, studying and analyzing the government regulation and employing the young workforce includes Facebook, Google (Doubleclick), Alibaba, Adobe Systems Incorporated, Tencent, AppNexus, Amazon, JD.com, Yahoo, Verizon Communications, eBay, Booking, Expedia, MediaMath, Baidu, Rakuten, Rocket Fuel, The Trade Desk, Adroll, Sina and several others.

Although, The worldwide Programmatic Display market is worth at 84600 million USD in 2018 and is predicted to reach 244100 million USD by the end of 2024, increasing at a CAGR of 19.3% between 2019 and 2024. The Asia-Pacific region will occupy for more market share in following years, exclusively in China, also fast mounting India and Southeast Asia regions. North America, especially The United States, will still play an imperative role which cannot be discounted. Any changes from United States might affect the development trend of Programmatic Display.

With the positive growth in the market for mobile phones, wide optimization of the mobile advertising is effectively observed, coupled with surging requirement for more sophisticated technology. Effective occurrence of the tools to monitor & measure relevant data on mobile devices is propelling the bright prospects for programmatic mobile video. There has been a broad implementation of the digital technologies & devices for innovation in business procedures and revenue manufacturing opportunities. In addition, the numerous government and international events have positively created an incremental online advertising spending, which in turn has prejudiced implementation of the programmatic advertisements. The aforementioned aspects are anticipated to propel growth of the market throughout the forecast period. In addition, the social media marketers are successively more effective campaigns through automated purchasing, reaching accurate audiences with exceedingly relevant messages. This is further predicted to drive the market growth.

Therefore, in the coming years, it is probable that the market of programmatic display will increase around the globe more progressively over the near future.

For More Information, Click on the Link Below:-

Global Programmatic Display Market

Related Reports:-

Programmatic Display Market Research: Global Status & Forecast by Geography, Type & Application (2015-2025)

Global Programmatic Display Market Status (2015-2019) and Forecast (2020-2024) by Region, Product Type & End-Use

Contact Us:    

Ken Research                                   

Ankur Gupta, Head Marketing & Communications

Ankur@kenresearch.com

+91 9015378249

Effective Growth In The International Market Research Companies Outlook: Ken Research

We all know the history of the international research market was not so advanced and moneymaking. Prior to the resource for doing the research was minimum but during the present era, the insights of the international market research have been advanced and bring so many technologies and obtaining the foremost approaches for attaining the essential data. The Ken Research in the international research market is a well-organized podium with the effective and well-organized plans of attaining the essential information with the determined target markets and end consumers. During the recent trend, before establishing the premise or anything, the human being demands to do research for attaining the moneymaking knowledge related to the advantages, growth opportunities, market driver and numerous other aspects. Nonetheless, international market research is a systematic strong point of mind to maintain essential information or data linked with the unaffected cause to the consumer and target markets.

In addition, the Top International Market Research Companies are the market research prospective companies that demeanor the qualitative research, quantitative research or incorporation of the two, for the consumer of B2B marketing projects in the plentiful dissimilar realms and geographic locations. The determination of the international market research corporates can principally lead great, worldwide corporates during their future marketing strategy, and the inspiration any region-specific conclusions that need to be fashioned by such enterprises. The services and dynamics of the research can pertain to fresh business junctures. In the other words, such a corporates gradient to participate the specialists with an all-embracing knowledge-base and adequately of operating experience with the capriciousness of the products, industries, and divisions, as well as those who have a combination of international observation and language backings.

Nonetheless, the international market research is one of the major segment which effectively used by the client organizations for being competitive in nature uninterruptedly over the forecasted duration, coming nominees and prevailing capable companies or the vendors. Not only has this, it benefaction you for efficaciously directing on the apposite belongings where they will be concentrated significant and meticulous and also predicted that the market research in an accurate module of the methods of the business for producing the astonishing quantity of the profit, income, and mergers the proficient quantity of the worth of share around the globe during the upcoming years more progressively.

The foremost determination of the international market research companies is to effectively allocate the demanded data promptly and particularly, in the ordinance for the results to be employed most knowledgeable by the buyer corporate on an international gauge, before their competitors distinguish the equivalent results. The market research nutrition proficiently in the tumbling the presence of the hazard by giving the germane and moneymaking data correlated to the corresponding search or product. In addition, market research is one of the prime factors which effusively utilized for being non-luxurious constantly over the inflowing contributors and prevailing players.

Whereas, it patronages you for provocatively targeting on the appropriate resources in an accurate component of the methods of business for establishing the high quantity of the revenue and undertaking the predicted worth of market share across the world during the reviewed duration. Hence, in the near years, it is anticipated that the market of international market research companies will augment more progressively over the coming years.

Contact Us:-

Ken Research

Ankur Gupta, Head Marketing & Communications

Ankur@kenresearch.com

+91-9015378249

Emerging Trends in the Worldwide Semiconductor Chip Handler Market Outlook: Ken Research

Buy Now

Semiconductor Chip Handlers are predominantly utilized to for sorting, testing and transferring chips with the modest electrical interface diagram: ATE ITA DUT (package) Handler. And such machines are effectively able of processing thousands of chips in an hour. Generally, the packaged parts utilize a handler to dwelling the device on a personalized interface board, then IC chip handler transfers finished chips to the inspection equipment for ending the visual and electrical performance test and then genus the chips into good, wicked or several other bins based on test results.

According to the report analysis, ‘Global Semiconductor Chip Handler Market 2019 by Manufacturers, Regions, Type and Application, Forecast to 2024’ states that in the worldwide semiconductor chip handler market, there are numerous potential companies which recently functioning more actively for leading the fastest market growth and registering the handsome worth of the market share around the globe during the review time while increasing the usage of semiconductor chip handlers, intensifying the applications of the semiconductor chip handler, spreading the awareness related to the benefits of the semiconductor chip handler and analyzing the government regulations includes Advantest, Cohu, Multitest, Boston Semi Equipment, Seiko Epson Corporation, ASM Pacific Technology, Hon Technologies, Chroma, SRM Integration, MCT, CST, TESEC Corporation, SYNAX, ChangChuan Technology and several others.

In addition, the global market for Semiconductor Chip Handler is anticipated to increase at a CAGR of roughly 4.8% over the next five years, will reach 680 million USD in 2024, from 510 million USD in 2019.

The worldwide semiconductor chip handler market will increase at a modest CAGR of just over 4% by the end of the review duration. One of the principal drivers of this market is the augmented requirement for the compact electronic devices. This trend is manifest in segments such as mobile phones, automotive, healthcare equipment, and even industrial manufacturing. This has led to semiconductor IC manufacturers effectively contributing in R&D to work towards decreasing the size of ICs along with advanced performance. These R&D activities have resulted in the appearance of micro-electrical-mechanical systems (MEMs) and 3D stacked ICs. Consequently, growth in the MEMs market will influence the requirement for the testing equipment for the complex ICs until the end of the review period.

An essential trend which is encouraging market growth is the appearance of strip testing. Integrated device manufacturers and subcontractors usage test-in-strip technology to cut down on costs. This technology assists testers to handle several small ICs at the same time, test over 100 in parallel while decreasing the bottlenecks. Unlike the gravity, pick-and-place, and battlement type handlers, strip test handlers can control the IC chips with 0.3mm x 0.6mm measurements and can test more than 100 devices in parallel without jams.

The OSAT sector is the greatest of the chip handler market and is anticipated to garner close to 63% of market share by the end of the review duration. The growth of the semiconductor industry and effective growth in the costs of packaging and testing equipment will generate a high requirement for the automated test equipment along with chip handlers from these OSATs. They are also contributing in the precision and high-speed IC test handlers so that they can speed up the production and provide the high-performance products to market quicker.

Therefore, in near years, it is predicted that the market of semiconductor chip handler will augment the growth more effectively over the coming duration.

For More Information, click on the link below:-

Global Semiconductor Chip Handler Market Research Report

Related Reports:-

Global Semiconductor Chip Handler Market Status (2015-2019) and Forecast (2020-2024) by Region, Product Type & End-Use

World Semiconductor Chip Handler Market Research Report 2024 (Covering USA, Europe, China, Japan, India and etc)

Contact Us:-

Ken Research

Ankur Gupta, Head Marketing & Communications

ankur@kenresearch.com

+91-9015378249