Tele-Dentistry, Technological advancement, Increased Government Initiatives for providing Health Insurance and promoting Dental Tourism are major growth factors driving the Singapore Dental Services Market: Ken Research

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Technological Advancement: Singapore Dental Services Market have undergone enormous technological improvements recently, right from improved machinery to 3D reports.​ It can improve the preventive care process.

Quality Services: Singapore Dental Services are of top-notch quality which makes it competitive with respect to other countries like Western Europe or North America which charge more but doesn’t provide premium quality services. On the other hand, Dental Services expenditures in Singapore are higher than in nearby Asian nations like India or Thailand due to the better quality of services.

Promising Government Initiatives: Government has increased expenditure to further subsidize healthcare​. The CHAS was enhanced in November 2019 with a new tier that extends coverage to all Singaporeans for chronic conditions, regardless of income.​ MediShield Life premiums are subsidized by the government on the basis of income.

Increased Awareness: Increased awareness regarding Oral Health hygiene and the desire to get perfect teeth and perfect smiles especially among the youth and women.​ To cope with this growing demand, both public and private health care providers have recently started expanding and upgrading their services throughout the country.​

Covid-19 led Functional Advancements in Dental Clinics: Singapore Dental Services Market have undergone enormous technological improvements recently. Tele-dentistry or telecommunication consultation with dentists could become one of the solutions to overcome problems related to access to dentists. Post Covid, a lot of Clinics offer partial or complete online treatment of patients.

Upcoming laser dentistry and painless treatment: The traditional dental services are overpowered by advanced dental care services, such as laser dentistry. This painless technology has gained popularity with increasing demand for laser dentistry for extraction of tooth, orthodontics, and periodontal decay.

The report “Singapore Dental Services Market Outlook to 2026F– Driven by Rising Dental Awareness, Technological Upgradation and Government’s Health Insurance Programs in Healthcare System" by Ken Research provides a comprehensive analysis of the potential of Dental Services Industry in Singapore. The rising Dental consciousness among the population, along with improved technology and Government Health Insurance and Dental Tourism Initiatives, is expected to contribute to the market growth over the forecast period. The Singapore Dental Services Market is expected to grow at a robust CAGR over the forecasted period 2021-2026F.

Key Segments Covered:-

Singapore Dental Services Market

By Types of Services

Endodontics

Cosmetic Dentistry

Prosthodontics

Orthodontics

Periodontics

Others (wisdom teeth removal, facial trauma, corrective jaw surgery and other minor surgeries)

By End Users

Dental Clinics (Organized + Unorganized)

Hospitals

By Dental Clinics

Unorganized Dental Clinics

Organized Dental Clinics

By Revenue Division

Domestic

International Tourist

By Cities

Serangoon

Bedok

Clementi

Jurong

Others (Botok, Harbour front, marine parade and remaining regions)

Key Target Audience

Dental Service Providers

Dental Equipment Distributors

Dental Equipment Manufacturers

Dental Clinics

Hospitals

Healthcare Companies

Pharmaceutical Companies

Tourism Agencies

Government Bodies & Regulating Authorities

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Time Period Captured in the Report:-

Historical Year: 2018-2021

Base Year: 2021

Forecast Period: 2021– 2026F

Companies Covered:-

Dental Services Providers

Q&M

Royce Dental Surgery

Advanced Dental Company

Unity Denticare

Family Dental Centre

Nuffield Dental

T32 Dental Group

Greenlife Dental

Toof Dental Surgeon

Healthway Singapore

Key Topics Covered in the Report

Singapore Dental Services Market Overview

Singapore Healthcare Overview

Ecosystem of Singapore Dental Services Market

Business Cycle and Genesis of Singapore Dental Services Market

End User Analysis of Singapore Dental Services Market

Consumer Journey in Singapore Dental Services Market

Consumer Pain Points in Singapore Dental Services Market

Industry Analysis of Singapore Dental Services Market

SWOT Analysis of Singapore Dental Services Market

Key Growth Drivers in Dental Service Market in Singapore

Major Challenges and Bottlenecks in Singapore Dental Services Market

Regulatory Framework in Singapore Dental Services Market

Competitive Landscape in in Singapore Dental Services Market

Market Share of Major Dental Services Providers in Singapore Dental Services Market

Detailed Analysis on Singapore Dental Services Market (Market Size and Segmentation, 2016-2021; Future Market Size and Segmentation, 2021-2026F)

Market Opportunity and Analyst Recommendations

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

Singapore Dental Services Market

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Indonesia Dental Services Market Outlook to 2026F– Driven By Rising Dental Awareness, Lower Dental Services Cost and Government’s Strong Initiatives in Healthcare System

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Ken Research
Ankur Gupta, Head Marketing & Communications
Support@kenresearch.com
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3 Key Insights on Competitive Landscape in Global Grease Market: Ken Research

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Few Diverse Global Players Dominate the Market Holding ~40% of Revenue Share Despite Presence of approximately 200 Competitors Comprising a Large Number of Country-Niche Players and Some Specialist Players, finds a recent market study on Global Grease Market by Ken Research

Grease is a solid or semisolid liquid lubrication. Lubricating grease consists of 65 to 95% base oil, 3 to 30% thickener, and 0 to 10% additives. The main function of grease is to provide lubrication without leaking and contacting the material. The functional properties of grease include better performance than oil, solid sealant, prevents leakage, and uncontrollable fluid level. It is used in multiple industries such as automotive and transport, chemical, food processing, wind generation, heavy equipment, steel, mining, general manufacturing, and others. Ken Research shares 3 key insights on the competitive landscape of this dynamic market from its latest research study.

Global Players Who Comprise ~15% in Terms of Number of Competitors Hold Dominant Revenue Share

Competitive Analysis by the research study found that the Global Grease market is moderately competitive with approximately 200 players which include globally diversified players, regional players as well as a large number of country-niche players having their niche in production and manufacturing for specific grade grease. The large global players even though comprise about ~15% in terms of the number of companies, hold ~40% of the market revenue share followed by regional players which account for ~30% of the market revenue. Most of the global players are having their operations in different regions worldwide.

Specialist Players within Global Grease Market Earn a Significant Chunk of their Overall Revenues from this Segment

Detailed Comparative Analysis of Key Competitors done within the research study reveals that diversified players having a variety of grease products such as Exxon Mobil, Chevron Corporation, and Castrol are highly focused on providing a full segment of grease as per the analysis done in the study on the Global Grease market. All leading global competitors are having a strong presence in the Global Grease market and offer comprehensive Grease solutions to all major industries including automotive, transportation, wind power, heavy equipment, aerospace, and any other industrial site. Furthermore, several companies and organizations are aggressively investing in R&D to cater to the demand from end-users.

• In September 2022, Piedmont Lithium announced an investment of US$582 million to establish a lithium hydroxide processing, refining, and manufacturing facility in Southeast Tennessee.
• In August 2022, BP to invest up to US$48 million in new global battery research and development center in Britain. The facility works on developing leading fluids technology, Castrol ON develops lubricants and greases for the growing EVs market.

Covid19 Slowed Down the Growth of the Grease Market. Although the Market is estimated to Recover Soon as the Country’s Restrictions and Lockdown on Manufacturing Plants are Easing Down

Covid19 has slowed down the growth of the grease market. Implementing lockdown on economies, temporary shutdown of manufacturing plants, and reduction in vehicle traffic globally, were all those factors that reduce the use of grease in the market. According to the International Monetary Fund (IMF), a USA-based organization that promotes global economic growth and financial stability, provided in the growth projection released in April 2022, global economic growth is projected to slow from an estimated 6.1% in 2021 to 3.6% in 2022 and 2023. Declining economic growth will directly impact the chemical, construction, automotive, and other industries.

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Increased adoption of Grease Globally leading to major industry-wide developments, acquisitions, collaborations, and deal-wins

• In June 2021, the FUSCH group acquired Gleitmo Technik AB, Sweden to strengthen the specialty lubricating business.
• FUSCH mentioned in its annual report for FY20-21, it expands with the new plant in Kaiserslautern, which produces custom-made polyurea greases for e-mobility and wind power. US$15.5 million was invested in the 3 German sites in Mannheim, Keil, and Kaiserslautern.

Key Topics Covered in the Report: -

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

 Key Profiled Companies Mentioned in the Report: -

• Castrol
• Royal Dutch
• Exxon Mobil
• Eni
• Chevron Corporation
• FUCHS PETROLUB SE
• Sinopec Corporation
• Total Energy
• ENEOS Corporation
• Phillips 66
• CITGO
• Indian Oil Corporation Ltd.

Notable Emerging Companies Mentioned in the Report

• Inzin
• GreaseBoss
• Bansal Oil and Lubricants Co.
• Henan Dongsen Lubrication Technology Co., Ltd.
• Ganga Sagar Trading Co.
• Continental Oils & Lubricants FZE

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

• Grease Manufacturing Companies
• Grease Distributors
• Grease Traders
• Grease Material Supplier Companies
• Potential Investors in Grease Companies
• Lubrication Association
• Grease Association
• Oil and Lubrication Sector
• Lubrication Manufacturing Companies
• Research & Development Institutes
• Government Investors
• Consulting companies in the lubrication sector
• Grease component providers
• Non-Soap and Metallic Soap component manufacturers
• Government and research organizations
• Investment banks
• Investors and financial community professionals
• Investment Funds

Time Period Captured in the Report

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

For More Information on The Research Report, Refer to Below Link: -

Global Grease Market Future Outlook

Related Report by Ken Research: -

Indonesia Industrial Lubricants Market Outlook to 2023 - By Industrial Lubricants (Hydraulic Oils, Industrial Greases, Metal Working Fluids, Industrial Gear Oils, Turbine Oils, Compressor Oils, and Others), By End Uses (Construction and Mining, General Manufacturing, Power Generation, Metal Production, Food Processing, Cement and Others), By Distribution Channel (Direct Sales and Dealer Network)

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

+91-9015378249

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

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Regional Players Dominate the Market Holding by ~45% of its Presence in Terms of Number of Players Despite Presence of about ~200 Competitors Comprising a Large Number of Country-Niche Players and Global Players, finds a recent market study on Global Silicone Sealants Market

Silicone sealants are frequently utilized in building projects for panels, expansion joints, weatherproofing, and many more purposes. These substances are a sort of adhesive that are frequently found in a liquid or gel-like state and that must be cured or dried to get the best adherence. The product has applications in building & construction, semiconductors & electronics, automotive, glass, wood furniture, and others.

Apart from that, the ongoing search for industrial adhesives and sealants with innovative chemical formulas that can endure high levels of stress goes hand in hand with the transformation taking place in the manufacturing and architectural sectors. This is positively impacting the silicone sealants market.

Ken Research shares 3 key insights on this high opportunity market from its latest research study.

1. Regional Players that Constitute Largest Market Presence of 45% of Total Number of Competitors While Large Global Players Also Have a Strong Presence and Hold 15%

A comprehensive competitive analysis conducted during the Research Study found that the global silicone sealants 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 silicone sealants tech advancement for multiple industries. The regional players comprise about 45% in terms of the number of companies while large global players account for ~15% of the market presence.

2. Major Players Have Been Trying to Enhance Their Revenues by Expanding Their Coverage of End User Industries through Appropriate Products

With multiple global corporations and regional players conducting their companies through a variety of products and a vast distribution network, the market is considerably competitive by nature. From product manufacturing to final product distribution to multiple places, the enterprises in the sector have a high degree of integration.

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Key players have a significant presence in various end-user industries like building & construction, semiconductors & electronics, automotive, glass, wood furniture, and various others. Not just key players but also emerging players are expanding in different industries with silicone sealants products and are also investing in marketing strategies like collaborations and technological development to compete in the industry.

3. Post-Covid Pandemic, the Expansion in New Construction Projects has Positively Impacted the Market

The coronavirus pandemic's development as a major global health catastrophe has harmed the industrial sector internationally. The construction industry has been particularly harmed by the pandemic's effects on supply chain disruptions, a scarcity of raw materials, and the shutdown of significant facilities.

According to the RICS 2020a (RICS Global Construction Monitor), which surveyed more than 2000 experts in the sector, lockdowns related to COVID-19 resulted in the suspension of up to 25% of construction activity contracts globally. The main market for silicone sealants has been stagnant, which has made it difficult for that industry to grow over time.

However, the gradual resumption of business operations increased focus on the construction industry, and the ensuing rise in demand for products like silicone sealants may herald the prospect of a recovery in the years to come. Manufacturers are focusing on expanding their capacity through acquisitions and joint ventures to fulfill the demands of a changing market. For instance, Soudal bought the silicone manufacturing facility of Momentive Performance Materials in April 2021 to help with its expansion in the high-quality sealants sector.

Increased adoption of Silicone Sealants in Various Parts of the World leading to major Industry-Wide Developments, Acquisitions, and Deal-Wins

• In October 2021, Silicone Engineering Ltd., a major European producer of silicone material solutions situated in Lancashire, United Kingdom, has been acquired by Rogers Corporation, expanding Rogers' current advanced silicone platform. It gives Rogers, access to a European Center of Excellence to service clients in the industrial, medical, electric vehicle (EV) and hybrid electric vehicle (HEV), electric vehicle (EV), and other areas that demand top-notch silicone solutions.
• In September 2022, American Sealants Inc. is assisting aquariums and zoos with the pandemic recovery process while maintaining animal security and safety during severe weather. For zoos and aquariums all across the world, American Sealants Inc. offers a range of services, from ongoing maintenance to fabrication and installation of acrylic exhibit walls and windows that won't scratch.
• In Jun 2022, the "industry first" recyclable silicone-based tire sealant solution was created in collaboration between Bridgestone Americas and Dow and debuted at the 2022 Silicone Expo in Detroit.

Key Topics Covered in the Report: -

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

Major Companies Profiled in the Report

• 3M Company
• BASF SE
• Henkel AG & Co. KGaA
• Bostik
• TKK D. O. O
• B.Fuller
• PPG Industries
• Pidilite
• GCP Applied Technologies
• DUpont
• Wacker Chemie AG
• Sika A.G.

Notable Emerging Companies Mentioned in the Report

• Tengyu Chemical (Longkou) Co., Ltd.
• Jinwuhuan Neutral Silicone Sealant
• American Sealants Inc.
• Robert Mckeown Co., Inc.
• Anti-Seize Technology, A.S.T. Industries, Inc.
• Ravensberger Wachs-Chemie Bernhard Seidel GmbH & Co KG
• Nan Pao

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

• Construction Industry Personnel
• Electronics Manufacturers
• Vehicles Manufacturers
• Wood Furniture Manufacturers
• Wood Product Manufacturers
• Glass Furniture Manufacturers
• Glass Product Manufacturers
• Acetoxy Silicone Sealant Manufacturers
• Amino Silicone Sealant Manufacturers
• Oximinics Silicone Sealant Manufacturers
• Acetic Silicone Sealant Manufacturers
• Room Temperature Vulcanizing (RTV) Technology Providers

Time Period Captured in the Report

• Historical Period: 2019-2021
• Forecast Period: 2022E-2030F

For More Information on The Research Report, Refer to Below Link: -

Global Silicone Sealants Market Analysis

Related Report by Ken Research: -

India Coupling Agents & Compatibilizers Market Outlook to 2023 - By Application (Packaging & Plastics Industry, Automotives Industry, Adhesives & Sealants and Paints & Coatings, Rubber Industry, Energy Sector and Others) and by Coupling Agents (Maleic Anhydride Grafted Polymers, Silane Coupling Agents and Others)

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

+91-9015378249

About 20 Global Players Dominate North America Healthcare E-Commerce Market Holding Over 50% of Revenue in 2021 Says Report: Ken Research

 

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Few Diverse Global Players Dominate the Market Holding ~60% of Revenue Share Despite Presence of about ~350 Competitors Comprising a Large Number of Country-Niche Players and Some Specialist Players, finds a recent market study on North America Healthcare E-Commerce Market by Ken Research

Global Players that Constitute Just 10% of Total Number of Competitors Hold Largest Revenue Share of 50% While Country-Niche Companies Also Have a Strong Presence

A comprehensive competitive analysis conducted during the Research Study found that the North America Healthcare E-Commerce Industry is highly competitive with ~ 250 players which include globally diversified players, regional players as well as a large number of country-niche players having their own niche in healthcare e-commerce. The large global players comprise about 10% in terms of the number of companies and hold ~50% of the market revenue share followed by regional players. Most of the country-niche players are operating their e-commerce healthcare business offering selected specialty solution and some of these who successfully evolve to create new services for healthcare e-commerce often get acquired by large global players seeking to grow and diversify quickly.

Leading Key Players' Ongoing Efforts To Provide Healthcare Products Efficiently by adopting new Technologies 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 Amazon.com, Inc., Walmart Inc., CVS Health, The Kroger Co., Walgreens Boots Alliance, Inc., and others are highly focused on providing a significant number of healthcare products through a different type of pharmacies such as online pharmacy, mail pharmacy, and others and are adopting advanced technology to make the supply chain for healthcare products more efficient. Furthermore, several companies are aggressively investing in new technologies and are partnering with other players to enhance their technologies to streamline the supply of healthcare products or services.

• In February 2022, Deutsche Post AG planned to invest USD 400 million into its operational site including Memphis, Tennessee. The aim is to grow its pharmaceutical and medical device network in the U.S. and the company has planned to add nearly three million square feet of logistic space across the network to smoothen the trade between partners and patients.
• In September 2020, Walmart Inc. partnered with Zipline to adopt drone delivery services. The company aimed to deliver products including health and wellness to the customers efficiently and in less time.
• In July 2020, Siemens Healthineers AG and DHL Supply Chain joined forces with a service logistic agreement. The partnership aims to deploy digital and robotics technology to deliver quality and cost-improved services within the supply chain of Siemens Healthineers AG.

The Ongoing COVID Pandemic Led to the Supply Chain Digitalization of the Healthcare Sector

The COVID-19 pandemic has significantly changed the purchasing patterns of healthcare products among hospitals, clinics, patients, and others. The e-commerce platform has gained prominence, especially during the COVID-19 pandemic as the demand for drugs and medical devices increased with the increasing prevalence of various diseases like chronic diseases, and others. The COVID-19 pandemic disrupted the traditional supply chain of the healthcare industry and led to the transformation of the supply chain through digitalization. Digitalization of the supply chain was needed to improve the healthcare experience of patients and to provide healthcare products to the end-users efficiently.

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The growing demand for healthcare products among end-users has enabled the players to invest in digital features to smooth the process of purchasing medical products and to provide the best possible e-commerce solutions to consumers.

• In February 2022, CVS Health planned to spend up to US$ 3 Billion on digital features to enhance and improve the consumer experience on their pharmacy site.
• The Kroger Co. received emergency use authorization from FDA for its COVID-19 Test Home Collection Kit in July 2020 and the company provided the diagnostic kit through their e-commerce website across the U.S. during COVID-19.
• In December 2021, the U.S. Centers for Medicare & Medicaid Services (CMS) issued guidance to clarify the definition of Medicare Part D pharmacy dispensing fees for the support of Medicare beneficiaries who require a comprehensive level of pharmacy care at home.

As per the analysis, the initiatives taken by the key players such as investment, offering testing solutions through e-commerce networks, and others during COVID-19 have fueled the growth of the market. Moreover, the demand for e-commerce services increased in healthcare as the pandemic forced consumers to rely on product reviews and ratings, which resulted in a boost of confidence in the consumers to make purchases of healthcare products online.

The growing need for Easy Access to Medical Consultations among End-Users Led to Major Industry-Wide Developments, Acquisitions, Partnerships, and Expansion.

• In December 2021, CVS Health partnered with Microsoft to use its technologies, including artificial intelligence and cloud computing, to accelerate its “digital-first” strategy. This partnership aimed to expand the company’s reach and engagement with more online customers, and in launching new customer-centric services and offerings.
• In May 2021, United Parcel Service of America, Inc. expanded its specialty pharmaceutical offering by starting new UPS Cold Chain Solutions. It is built to provide laboratories, healthcare providers, and pharmaceutical companies with a full, end-to-end cold chain service to meet their complex demands for delivering critical products worldwide.
• In April 2021, CarePort, a market leader in care transitions and ExactCare, a national healthcare services company and pharmacy provider, announced partnership to support hospitals and health systems fulfill complex needs of high-risk patients at their homes.

Key Topics Covered in the Report: -

• Snapshot of North America Healthcare E-Commerce Market
• Industry Value Chain and Ecosystem Analysis
• Market size and Segmentation of North America Healthcare E-Commerce Market
• Historic Growth of Overall North America Healthcare E-Commerce Market and Segments
• Competition Scenario of the Market and Key Developments of Competitors
• Porter’s 5 Forces Analysis of North America Healthcare E-Commerce Industry
• Overview, Product Offerings, and Strategic Developments of Key Competitors
• COVID-19 Impact on the Overall North America Healthcare E-Commerce Market
• Future Market Forecast and Growth Rates of the Total North America Healthcare E-Commerce Market and by Segments
• Market Size of Application / End-Users Segments with Historical CAGR and Future Forecasts
• Analysis of Healthcare E-Commerce Market in Major North America Countries
• Major Production / Consumption Hubs in the Major North America Countries
• Major Production/Supply and Consumption/Demand Hubs in Each Major Country
• Major Country-wise Historic and Future Market Growth Rates of the Total Market and Segments
• Overview of Notable Emerging Competitor Companies within Each Major Country

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Major Companies Profiled in the Report: -

• CVS Health
• The Kroger Co.
• Walgreens Boots Alliance, Inc.
• General Electric
• eBay Inc.
• Walmart Inc.
• com, Inc.
• Alibaba Group Holding Limited
• Siemens Healthineers AG
• ExactCare
• Remedi SeniorCare

Notable Emerging Companies Mentioned in the Report

• Option Care Health, Inc.
• ModivCare Solutions
• International SOS
• Remdi SeniorCare
• Exactcare Pharmacy
• WellSky
• FSA Store

Time Period Captured in the Report

• Historical Period: 2017-2021
• Forecast Period: 2022-2027F

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

• Healthcare E-Commerce Service Companies
• Healthcare E-Commerce Association
• Potential Investors in Healthcare E-Commerce Companies
• Online Pharmacy Service Providers
• Healthcare Products Providers
• Healthcare Service Providers
• Healthcare Solutions Providers
• Healthcare Database Providers
• Patients Database Providers
• Healthcare Companies
• Ministries of Healthcare
• Healthcare E-commerce Companies
• Healthcare Research Organizations
• E-commerce Health Service Providers
• Potential Investors in E-commerce Sector

For More Information on the Research Report, refer to below links: –

North America Healthcare E-Commerce Industry Forecast

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Contact Us: –

Ken Research

Ankur Gupta, Head Marketing & Communications

support@kenresearch.com

+91-9015378249

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

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Global Players Dominate the Market Holding the Majority Revenue Share Despite Presence of ~200 Competitors Comprising a Large Number of Country-Niche Players, finds a recent market study on Global Chipless Radio Frequency Identification Market by Ken Research

A Chipless RFID is a form of RFID tag that transmits data using radiofrequency (RF) radiation. A Chipless RFID tag does not contain an application-specific integrated circuit (ASIC), hence the reader performs all signal processing to read the tag. It uses conductive polymers or plastic as an alternative to integrated circuits made from silicon.

Chipless Radio Frequency Identification (RFID) is used for access controls, automatic identifications, security and surveillance, tracking, database management, logistics, and inventory control in various industries like retail, healthcare, logistics, and transport among others.

Ken Research shares 3 key insights on the competitive landscape of this US$ 6 Bn market from its latest research study.

1. Major Global Players that constitute about 10% of the Total Number of Competitors Hold the Largest Revenue Share While Regional Players also have a Strong Presence

A comprehensive competitive analysis conducted during the Research Study found that the Global Chipless Radio Frequency Identification Market is highly competitive with ~200 players which include globally diversified players, regional players as well as country-niche players having their niche in Chipless RFID for various end-user industries. Most of the country-niche players are local manufacturers of low-frequency chipless RFID manufactures and component manufacturers.

Zebra Technologies Corporation, Avery Dennison Corporation, and Alien Technology are among the leading players in the Global Chipless Radio Frequency Identification Market.

The large global players comprise about ~10% in terms of the number of companies and hold the major revenue share while the country niche players account for ~60% of the total number of companies.

2. Leading Global Players Focus on Extensive R&D and Product Development to Cater to a Wider End-user Audience

Detailed comparative analysis of key competitors available within the Research Study shows that global players such as Zebra Technologies Corporation, Honeywell International Inc, and Avery Dennison Corporation highly focus on advancing their existing RFID technology to inculcate high efficiency and robustness in their products that can be used in multiple end-user industries like retail, logistic and transport, healthcare, BFSI among others. Several other global companies and organizations are aggressively investing in expanding their presence further in the global space due to the highly fragmented market scenario.

• In June 2020, Zebra Technologies Corporation, a provider of innovative digital solutions, hardware, and software, collaborated with South Carolina State University to offer enterprise-class insights into the supply chain for the local, small farmer. The Zebra RAIN RFID technology is integrated into each step of the supply chain, helping farmers and their distributors track key food safety metrics.
• In December 2020, Avery Dennison, a designer, and manufacturer of a wide variety of labeling and functional materials collaborated with Schreiner MediPharm and PragmatIC Semiconductor, to leverage NFC technology to extend smart packaging to the unit level for everyday pharma to significantly improve patient safety and experiences. Such developments accelerate the deployment of RFID-based digital solutions in the healthcare sector.

3. Despite the Disruption in Supply Chain during the COVID Pandemic, the RFID Manufacturers are Increasing Their Production Capacity as a Sustainable Strategic Initiative.

The outbreak of the COVID-19 virus led to disruption in supply chain operations and logistics-related services. The fall in demand for expensive retail products worldwide due to lockdown measures, falling global demand for automobiles, and closed manufacturing facilities across several sectors created an adverse impact on the Global Radio Frequency Identification Industry. However, this also offered an opportunity to the RFID players for promoting the use of RFID solutions for industrial automation. Manufacturing companies seek RFID technology to increase their productivity to comply with social distancing norms. Many companies in the retail and healthcare sector deployed RFID solutions to continuously monitor the assets to reduce delivery time and increase productivity. Thus, the adoption of RFID technology gained momentum after 2021.

As per a report published in April 2021, The Institute of Electrical and Electronics Engineers (IEEE) estimated that more than 50 billion objects would be networked/tagged in the pharmaceutical, manufacturing, and logistics industries for the supply chain.

In February 2020, Avery Dennison opened up a new manufacturing facility in Brazil. This new factory helped to fulfill the market’s requirement for RFID inlays for projects in different verticals with the company's advanced technology.

Governments Initiative to Promote the Adoption of Chipless RFID Technology in Major Sectors

• The Ministry of Health in Italy has mandated tracking of medicine unit from its production stage to the end pharmacy desk using RFID technology
• Turkey’s Ministry of Transport and Infrastructure has insisted on implementing some of the most advanced technologies in tolling that includes passive ultrahigh-frequency RFID technology to support the growth of the road network in Turkey. Over 600 high-performance ultra-high frequency RFID readers have been deployed in Turkey in 2021.

Key Topics Covered in the Report: -

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

Major Companies Profiled in the Report

• Alien Technology
• Applied Wireless, Inc.,
• Avery Dennison Corporation,
• Checkpoint Systems, Inc.,
• Honeywell International Inc
• iDTRONIC GmbH
• Impinj Inc.
• Invengo Technology Pte. Ltd.
• Zebra Technologies Corporation
• NXP Semiconductors N.V.
• Ensurge Micropower ASA
• SATO Holdings Corporation

Notable Emerging Companies Mentioned in the Report

• Infotek Software & Systems (P) Ltd.
• Omni-ID
• Nedap N.V.
• Datalogic S.p.A.

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

• Chipless Radio Frequency Identification Manufacturers
• Healthcare Chipless Radio Frequency Identification Suppliers
• Government and Policy Makers
• Regulatory Authorities in Chipless Radio Frequency Identification
• Chipless RFID Raw Material Suppliers
• Consulting Companies in the Chipless Radio Frequency Identification Market
• Automotive Industry Chipless Radio Frequency Identification Suppliers
• BFSI Industry Chipless Radio Frequency Identification Suppliers
• Retail Industry Chipless Radio Frequency Identification Suppliers
• Logistic & Transport Industry Chipless Radio Frequency Identification Suppliers
• Investors
• Research Institutes
• Technology Investors
• Private Equity Firms, and venture capitalists
• Transport & Logistic RFID manufacturers
• Plastic Material Suppliers
• ETC Solution Providers
• Supermarkets and Hypermarkets

Time Period Captured in the Report

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

For More Information on The Research Report, Refer to Below Link: -

Global Chipless RFID Market Analysis

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Ankur Gupta, Head Marketing & Communications
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3 Key Insights on Competitive Landscape in Global Hand Dryers Market: Ken Research

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 Global Hand Dryers Market is Highly Competitive with the Presence of about ~250 Competitors Comprising a Large Number of Country-Niche Players, Regional Players, and Global Players, finds a recent market study by Ken Research

Hand dryers are electric equipment/machines used to dry hands after washing them. They usually have a heating element and an air blower through which the hand dryer is activated when the hand moves into its trail- “Ken Research shares 3 key insights on the competitive landscape of this dynamic market from its latest research study”

Country Niche Players Constitute ~70% of Total Number of Competitors While Regional Companies Represent 20% of the Total Competitors.

A comprehensive competitive analysis conducted during the Research Study found that the Global Hand Dryers market is highly competitive with ~250 players, including globally diversified players, regional players, and a large number of country-niche players with their niche technologies, such as airblade technology, high-efficiency particulate air (HEPA) filters, UV light sterilization, and motion sensors. Furthermore, the explosive growth of the hospitality industry with the increasing number of restaurants, and hotels, combined with the recovery of international travel levels is creating lucrative investment opportunities for hand dryer manufacturers.

Specialist Players' and Organizations’ Ongoing Efforts to Provide Hygiene Solutions with Advanced Technologies to End-User Industries Are Driving Revenue Growth In This Market.

Detailed comparative analysis of key competitors available within the Research Study shows that specialist electrical appliances companies such as Dan Dryer, TOTO, Dyson, Euronics, and more are highly focused on providing a significant number of healthcare solutions with advanced techniques that can be used across end-user industries. Such companies are proactively launching hygiene solutions/equipment as the demand for eco-friendly techniques grows globally, particularly following the outbreak of the COVID-19 pandemic. Furthermore, several governments initiating campaigns, such as the Clean India Mission, and the use of Hygiene Products that lower the human touch in maintaining hygiene is gradually becoming necessary for commercial areas, such as hotels, malls, hospitals, schools, colleges, and office complexes, influencing companies to introduce more contactless hygiene products.

• In April 2022, Euronics, a Netherlands-based Retail Company, launched the NERO series of premium bathroom accessories, which included hand dryers, soap dispensers, and sensor taps. The company's hand dryers are suitable for hotels, offices, airports, shopping malls, stores, and other public places as they save 80% more than conventional hand dryers. In addition, it also lowers the carbon footprint of paper dispensers by 70% and saves up to USD 517.32 (INR 40,000) per washroom per year when compared to paper dispensers.
• In December 2021, Dan Dryer, a Denmark-based supplier of commercial and public toilet equipment/solutions, launched its LOKI product range, which comprised the LOKI Hand Dryer and the LOKI Disinfection Stand, in collaboration with VE2, a Danish design agency. Such products are designed with clean graphics that complement the surrounding structural features, such as windows, doors, and wall surfaces.
• In October 2019, Excel Dryer Inc., a S.-based manufacturer of hand dryers, sold nearly USD 40 million worth of dryers a year, the majority of which are used in public restrooms such as airports and casinos, as well as Starbucks and Walmart stores across the U.S.

The Ongoing COVID-19 has Noticeably Contributed to the Widespread Adoption of Hand Dryers across Countries.

The ongoing COVID-19 pandemic moderately impacted the global supply of hand dryers in 2020, owing primarily to the closure of shopping malls, hotels, restaurants, and offices to prevent the virus's spread. As a result, product demand in such industries suffered. However, increased demand for hand dryers in hospitals boosted product demand in this healthcare sector. The upsurge is primarily attributed to an increase in the number of COVID patients admitted to hospitals, as well as concerns regarding contamination, which drive the adoption of hand dryers, especially those equipped with high-efficiency particulate air (HEPA) filters, in hospitals worldwide. HEPA filters typically help in retaining the majority of the particles found in the air, such as viruses, bacteria, dust, dust mites, pet dander, and other irritating allergens, that are harmful to human health.

• For instance, according to the Environmental Protection Agency (EPA), a U.S.-based government agency responsible for environmental protection matters, HEPA filters can remove at least 99.97% of dust, mold spores, fungi, bacteria, and any airborne particles larger than 0.3 microns (m).
• According to The American Institute of Architects (AIA), a government organization, Excel Dryer's HEPA filtration system, which is equipped with its hand dryers, was verified and tested to eliminate 99.999% of viruses from the airstream in 2021, an additional level of protection against germs.

Increasing Government Initiatives, Strategies, and Investments in Hygiene Technologies and Solutions, Notably Supporting Hand Hygiene is Propelling the Hand Dryers 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. Several governments across countries are exhibiting their strategic vision of promoting a culture of hand hygiene by enacting new hand hygiene requirements in institutional settings, particularly in healthcare, where prevention and control of infections are critical for patient safety.

• In September 2022, the UK government announced a USD 159.92 billion (£150 billion) package to help cut rising energy bills. The government accumulated a list of the most effective green advancements and strategies that, all within the workplace, could help businesses mitigate the effects of increasing energy costs. For instance, replacing paper towels in the bathroom with eco-friendly hand dryers can save thousands of dollars in the purchase, cleaning, maintenance, and disposal costs. Since paper towels are infrequently recycled, so replacing them with eco-friendly hand dryers could reduce carbon emissions by 79%.
• In May 2020, the UK Government joined forces with global health authorities, such as World Health Organization (WHO), and the Centers for Disease Control and Prevention (CDC), to endorse the use of hand dryers throughout the COVID-19 pandemic.

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

For More Information on The Research Report, Refer to Below Link: -

Opportunities In Hand Dryers Business

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Ankur Gupta, Head Marketing & Communications
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5 Key Insights on US$ 150 Bn Opportunity in North America Healthcare E-Commerce Market

 

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Driven by Rising Development in Innovative and Efficient Delivery Methods such as Drone Delivery, and Others for Healthcare Products, the Healthcare E-Commerce Market in North America is Forecasted to Cross $340 Bn by 2027 says Ken Research Study.

Healthcare E-Commerce is increasingly gaining popularity across North America as a way to provide easy access to healthcare services and products to the end-users and to improve patient care services. The rising adoption of new and advanced technologies in the healthcare e-commerce industry to streamline the delivery of healthcare products is propelling the growth of the healthcare e-commerce market. Furthermore, increased spending or investments in digital technologies to offer convenient and quality care services are also expected to fuel the growth of the market.

According to Ken Research estimates, the North America Healthcare E-Commerce Market – which grew from around US$ 110 Bn in 2019 to nearly US$ 150 Bn in 2021 – is expected to grow further into a more than US$ 340 Bn opportunity by 2027.

1. North America has Seen Rapid Growth in Healthcare E-Commerce after the COVID-19 Pandemic Ignited the use of E-commerce Services.

The North America healthcare e-commerce market is expected to witness strong growth during the forecast period, due to the change in purchasing patterns among end-users and the rising adoption of e-commerce services for the purchase of medical products including drugs and medical devices, especially after the COVID-19 pandemic. The COVID-19 pandemic ignited telehealth and e-commerce services as it forced consumers to try e-commerce and rely on product reviews and ratings, which resulted in a boost of confidence in the consumers to make purchases of healthcare products online. Moreover, healthcare providers are also forced to opt for a tech-enabled, customer-centric approach and to offer their services via an online platform.

The pandemic has also increased the demand for digital strategies such as AI, Sensor-based, and others in the healthcare e-commerce industry to successfully operate the healthcare business in this demand-supply mismatch environment caused by the pandemic disruptions. These digital strategies have been of great use in streamlining the supply chain, which has further fueled the adoption of digital strategies by the market players. For instance, In July 2020, Deutsche Post AG announced to invest more than US$ 70 million to build additional specialized warehousing infrastructure and adopt new technologies to support its pharmaceutical and medical device customers in North America.

2. Technological Improvements in Healthcare E-Commerce Platforms and Increasing Investments by Key Players Are Major Growth Drivers for North America’s Healthcare E-Commerce market.

Healthcare e-commerce players see great potential in technologies such as blockchain, artificial intelligence (AI), sensor-based technology, and others and are adopting these technologies to improve their healthcare supply chain. For instance, in September 2020, FedEx launched SenseAware ID, a sensor-based logistic device that offers precision tracking. Moreover, companies in the healthcare e-commerce industry are deploying new technologies in the supply chain to deliver quality and cost-improved healthcare services. In addition, key players are investing heavily in digital technologies to transform their traditional supply chains into digital supply chains, which is anticipated to augment the growth of the market.

• In February 2022, CVS Health planned to invest US$ 3 Bn in digital features to enhance the e-pharmacy site experience. The company aims to connect consumers in more places and in more ways with its digital-first technology forward approach and planned to offer an enhanced omni channel health experience.

3. Data Security Issues Coupled with Increasing Data Breach Cases in the Healthcare Industry are the Most Significant Barrier to Widespread Healthcare E-Commerce Adoption.

Security concerns over data of medical history, customer or patient data, and others have been major impediments to the growth. The data must be secure, encrypted, and confidential at all times, failure in securing health data could lead to a heavy fine by the governmental authorities or legal complications. The governmental bodies have also laid stringent regulations for the protection of healthcare data and compliance complications with those regulations are expected to hinder the growth of the market. Moreover, cyber incidents can have a significant financial impact on the healthcare industry and the protection of healthcare data from cyber incidents is a major challenge for the market.

• In 2020, according to IBM, the healthcare sector faced a maximum number of data breach cases and the global average cost of a data breach in the healthcare industry stood at US$ 7.1 million.

Hence, an increasing number of data breach cases in the healthcare industry coupled with the growing concern regarding the data security issue in e-commerce networks is expected to hinder the growth of the market.

4. Medical Consultation holds the Major Share in the Application Segment and is Expected to Maintain Dominance During the Forecast Period.

Among the application segments, medical consultation remained the dominant segment during the 2017-2021 period contributing to largest market revenue share. Further, the Research Study found that this segment is likely to retain dominance even by 2027. Their dominance is owing to an increase in the demand for e-commerce platforms to ease access to healthcare services for patients. Furthermore, medical facilities are always burdened by the shortage of staff issue but the pressure could be easily alleviated with the integration of e-commerce into the healthcare sector, which is expected to fuel the growth of this market.

• In 2021, according to Bloomberg, 16% of the hospitals had critical staffing shortages in the U.S.

Hence, the increasing critical staff shortage in healthcare facilities had increased the demand for medical consultation through e-commerce platforms as well as the online delivery of drugs or medical devices has eased healthcare access for the patients.

5. Diverse Global Players Dominate the Market with Majority of the Revenue Share Despite the Presence of a Large number of Local Players

The North America Healthcare E-Commerce industry is highly fragmented in nature comprising global players (having presence in 2 or more continents), regional players (having presence in multiple countries within North America), and Country-Niche Players (presence limited to just 1 country or very niche presence in the value chain). Some of the Country-Niche’s players are constantly engaged in the developments for the healthcare e-commerce market and are investing heavily to transform their healthcare supply chain.

However, The Research Study found that few major players, such as Amazon.com, Inc., The Kroger Co., and Walmart Inc., are involved in strategic partnerships for introducing new services for healthcare products delivery and adopting new technologies to enhance the delivery process to gain a lion market share. In addition, several other players are implementing several strategies to strengthen their position in the healthcare e-commerce market, including introducing new pharmacy services, geographical expansion, and collaborations.

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

North America Healthcare E-Commerce Market: Ken Research

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How China is front running in USD 48BN Opportunity in Global Robotics Market in 2028?, unveiled by a report: Ken Research

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The robotics market has grown significantly in the past few years with the rise in the number of annual installations in China. China is the largest robot market in the world as per the annual revenue and operational stock.

As per IFR, China registered annual installations of over 168,000 in 2020. The automation penetration in China currently is mainly controlled by foreign robot manufacturers with a total market share of over 70%. With rising fluctuations in the past 8 years, this share has been steady. Robot installation from overseas – largely imported from South Korea, Japan and Europe increased robustly by 23% to around 123,000+ installations (including the units manufactured in China by foreign suppliers). Home grown Chinese robot producers largely serve domestically, holding a market share of 26.5% in 2020 with over 45000+ units sold.  Around one-third of the robots are manufactured by Chinese robot suppliers.

According to the research report, Global Robotics Market 2022-2028, Asia pacific will continue to dominate the robotic industry. The noticeable growth drivers are the growth in the electrical and electronics industries and the semiconductor and the chip industries. Major battery producing factories are installing robots to meet the increasing demand for electric and hybrid cars. The global robotics market is anticipated to grow to USD 46 billion by 2028 at an average annual growth of over 11% in next 5 years.

Robots will continue to have pivotal role in boosting expansion of some of the emerging industries in China and aid in developing new industries altogether.

In 2021, industrial robots demand originating from lithium battery has grown by over 130% while from warehouse logistics, it has grown by over 100% and from photovoltaic industries, industrial robot demand has grown 50%+.

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Several leading robotics vendors including ABB Ltd., DENSO Corporation, FANUC Corporation, Kawasaki Heavy Industries Ltd., KUKA AG, Mitsubishi Electric Corporation, Nachi Robotic Systems, Inc., Robert Bosch GmbH, Rockwell Automation, Inc., Siemens AG, Toshiba Corporation, Yaskawa Electric Corporation, etc have grown well and have led over 2 million industrial robot installations in factories around the world.

Yet to see how the growth story in China will pave way for future in Global robotic manufacturing space.

For More Information, Click on the Link Below:-

Global Robotics Market: Ken Research

Related Report:-

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

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Competitors in Natural Fiber Reinforced Composites Market

 Regional Players Dominate the Market Constituting ~45% of Number of Participants However Few Global Players Hold Largest Market Share finds a recent market study on Global Natural Fiber Reinforced Composites Market

Natural fiber composites (NFCs) are a type of composite material in which at least the reinforcing fibers are generated from renewable and carbon dioxide-neutral fiber types like plants or wood. The product is being increasingly adopted by industries like Aerospace, Automotive, Building & Construction, Electrical & Electronics, Furniture, and other industries.

Ken Research shares 3 key insights on this high opportunity market from its latest research study.

Regional Players Constitute 45% of the Market Participants Followed by Country Niche Players Which Constitute 35% of Competitors, But Few Global Players Hold Largest Market Revenue Share

A comprehensive competitive analysis conducted during the Research Study found that the global natural fiber reinforced composites 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 own niche in natural fiber, reinforced composites tech advancement for multiple industries.

Composite materials have drawn a lot of interest because of their adaptable qualities, which enable numerous applications in a vast array of sectors. The rigidity and strength of the composite materials relative to their normally low weight are their main advantages over conventional bulk materials. Numerous industries, including aerospace, automotive, building and construction, sports, electrical and electronics, and other ones, are increasingly adopting these materials.

The regional players comprise about 45% in terms of the number of companies followed by country niche players which account for ~35% of the market share.

According to the research, large global players held the dominant position in the market with ~45% of market share in 2021 and is followed by regional players which held ~35% in 2021.

The Share of Revenues From Natural Fiber Reinforced Composites Forms a Major Chunk of the Overall Companies’ Revenues for Specialist Players

With numerous global corporations and small producers conducting their companies through a variety of products and a vast distribution network, the market is considerably competitive by nature. From product manufacturing to final product distribution to multiple places, the enterprises in the sector have a high degree of integration.

The players which specialises in the field earn high percentage of revenue from natural fiber reinforced composites products. Key players have a significant presence in various end-user industries like aerospace, automotive, building and construction, electrical and electronics, sports, and various others. Not just key players but also the emerging players are expanding in different industries with natural fiber reinforced composites products and are also investing in marketing strategies like collaborations and technological development to compete in the industry.

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Post-Covid Pandemic, the Trend of Launching Products with Wider Sustainability is Being Adopted

Lockdowns and increased limitations throughout the world in 2020 and 2021 disrupted the supply chain, making it challenging for manufacturers to compete in the market for natural fiber-reinforced composites. The market for natural fiber reinforced composites is quickly regaining its pre-COVID levels, and over the forecast period, a strong growth rate is predicted, driven by the economic recovery in the majority of emerging as well as industrialized countries as well as increasing environmental concerns

The Indian Jute Mills Association's chairman said, "Around 0.2 million tonnes of jute product manufacturing with an estimated value of USD 156 million had been lost as a result of COVID in India. Only 5 to 10 percent of the employees at some mills that were able to restart were employed there". The gradually changing circumstances and increased product demand is reshaping the market in a positive manner.

Increased Adoption of Natural fiber Reinforced Composites in Various Parts of the World leading to Major Industry-Wide Developments, Acquisitions, and Deal-Wins

• On September 22, The Aura concept car, which was funded by the Office for Zero Emission Vehicles (OZEV) through the Niche Vehicle Network (NVN), was handcrafted with the goal of developing a low-emission, long-range electric vehicle (EV) with sustainability at its core. The car's bodywork has been reinforced using natural fiber composites to save weight and improve manufacturing sustainability.
• On May 10, it was revealed that Formula Seven and Bercella s.l.r. had teamed together to create an innovative seat for Formula SAE single-seaters utilizing only 100% natural fiber composite materials, such flax fiber. Bercella s.l.r. produces huge and sophisticated composite constructions. Flax fibers are a sustainable material that are also corrosion, impact, and UV resistant, according to Bercella. Additionally, the material isolates from electricity and heat while absorbing vibrations, making it perfect for uses like the seating for Formula SAE race vehicles.
• April, 2022, in order to produce non-crimp fabrics (NCFs) with flax fibers for the marine and sports and leisure markets, Saertex and Terre de Lin have started working collaboratively. The two businesses' collaboration intends to bring together Terre de Lin, key provider of sustainable flax fibers, and Saertex's knowledge of reinforcement materials.
• In October 2021, Lanxess introduced a brand-new, totally biodegradable material based on flax and polylactic acid, to its Tepex line of continuous-fiber-reinforced thermoplastic composites. The substance blends polylactic acid made from biomaterials with natural flax fibers.
• In October 2021, Green Dot Bioplastics Inc. and Mayco International have collaborated to produce a sustainable solution for waste generated during the manufacturing of automobile components by recovering trim and scrap fibers for Natural Fiber Reinforced Plastic (NFRP).

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

Major Companies in Natural Fiber Reinforced Composites Market

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5 Key Insights on US$12 Bn Opportunity in Global Natural Fiber Reinforced Composites Market

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3 Key Insights on Competitive Landscape in the Global Night Vision Device Market: Ken Research

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Despite the Presence of about ~200 Competitors Comprising a Large Number of Country-Niche Players, Regional Players, the Global Players dominate the market in terms of market revenue share, finds a recent market study on Global Night Vision Device Market by Ken Research.

Night Vision Devices are optoelectronic devices that intensify the infrared, gamma, and ultraviolet light and produce a visible image that can be seen during the night or when the light levels are low or if it is dark. These devices can be handheld, mounted, or integrated into vehicles. Due to the benefits provided by these devices, they find a wide range of applications in military, defense, wildlife, and security-related activities among a host of other areas.

Ken Research shares 3 key insights on the competitive landscape of this dynamic market from its latest research study.

1. Global Players Constitute ~10% of Total Number of Competitors, While Country-Niche Players Constitute the majority of Total Competitors

A comprehensive competitive analysis conducted during the Research Study found that the Global Night Vision Device market is highly competitive with ~200 players, including globally diversified players, regional players, and a large number of country-niche players, which hold 60% share in terms of the number of companies present in the market, with their offerings in some specific product categories. The majority of the top global night vision device companies, including L3 Technologies Inc., American Technologies Network Corp., BAE Systems PLC, Thales Group SA, SATIR, Elbit Systems Ltd., Teledyne FLIR LLC, Collins Aerospace, Meopta, Excelitas Technologies Corp., Safran are expected to maintain their leading positions in the forecasted period.

2. Global Players' Continuous Investments in New Technologies and Products are Driving Revenue Growth in This Market

Detailed comparative analysis of key competitors available within the Research Study shows that numerous companies such as BAE Systems, and Excelitas Technologies are highly focused on providing products with newer technologies to stay ahead in the market.

• In December 2020, BAE Systems launched its product TWV640 which was the first uncooled thermal camera core that was commercially available. It used 12µm pixels and reduced the optic cost and size by 20% and 50% respectively. This thermal imaging module product is available to military and commercial OEMs.
• In October 2021, Excelitas Technologies launched its Cobra Eye flat-field eyepiece. This can be integrated into augmented reality, virtual reality, night vision, and thermal systems.

3. The Ongoing COVID-19 has Noticeably Accelerated the Demand for Thermal Imaging Night Vision Devices and Drones with Night Vision Cameras

The advent of the COVID-19 pandemic helped the night vision device market grow as the demand for thermal imaging devices grew. These were used widely to detect abnormal temperatures within a person’s body while allowing a safe distance from the potentially infected person from the operator of the system. The governments also used night vision devices extensively to keep strict surveillance to curb and combat the deadly virus spread. Drones with night vision cameras helped governments to locate people who were violating the Covid norms such as social distancing and wearing a mask.

For example, in April 2020, the state government of Kerala in India used drones with night vision cameras to identify around 40 people who had not followed the social distancing norms.

The demand for thermal imaging equipment increased manyfold in China due to the Covid-19 outbreak in February 2020. The largest company in the country that used to sell only 100 such equipment yearly sold many times more of that within just 2 weeks because the authorities wanted to deploy them at public transport and gathering places.

Increasing Government Initiatives is Propelling the Night Vision Device Market Growth

Increased and active participation and initiatives by governments worldwide have been a very favorable factor in the growth of the night vision device market.

In November 2021, the French government, in its efforts to stop illegal migration and smuggling from the UK, announced a package of EUR €11 million that included thermal cameras and night vision equipment. The French government was adding mobile boats and vehicles which had high-end surveillance and detection equipment.

In December 2021, the US Army detailed its plans to move to digital night vision technology and was looking for a partner to facilitate the process. The United States Defense Department through its science and technology hub for the past 2 decades has also made research and investments in this area focusing on digital low-light level technology systems.

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

Global Night Vision Device Market

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