Global Market Research Reports : Ken Research

Monday, October 17, 2022

3 Key Insights on US$ 65 Bn Opportunity in Global Printer Market: Ken Research

Driven by Investments in R&D Technologies like Cloud-based printing and Laser printing, the Global Printer Market is forecasted to Cross ~$65 Bn by 2028 says Ken Research Study.

A printer is a device that is used to print any document in hardcopy format, there are different types of printers from multi-functional, standalone, laser, inkjet, thermal, led, dot matrix, and more, which provide output in color as well as the monochrome format and widely used in residential, commercial, educational institutes, enterprises, and government offices.

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

1. The Global Printer Market is witnessing Steady Growth during the Forecast Period Owing to an Increase in Investment in Cloud-Based Printing Technology

The Global Printer Market is forecasted to continue the steady growth that is witnessed since 2017, primarily driven by advancements in technologies like cloud-based printing. Cloud-based printing means users are able to print the document from any device at any place, as those devices and printers have to be connected to the internet.

Many companies like Brother Industries Ltd., Canon Inc., HP Development Company, L.P, Kyocera Corp., Lexmark International Inc., and more, are now offering cloud-based printing solutions as this reduces the response time and high cost which was associated while managing any server.

For instance, HP+ launched by HP Development Company in 2021 and Lexmark CPM (Cloud Print Management) launched in 2020 by Lexmark International Inc., are some of the leading cloud-based printing solutions available in the market.

According to Ken Research estimates, the Global Printer Market –valued at US$ 35 billion in 2017 and is estimated to be US$45 Bn in 2022 – is further expected to reach a market size of US$ 65 Bn opportunity by 2028.

2. Increase in Small and Medium-Sized Enterprises (SMEs) and New Product Launches Are Driving the Market Growth

The increase in small and medium-sized enterprises (SMEs) and new product launches specifically for SMEs in printing technology such as Multifunctional device printers (those devices that can perform multiple tasks such as printing, photocopying, scanning, and telefaxing) are major growth drivers for the global printer market as these Multifunctional device printers are able to reduce the overall operational cost of printing operations significantly.

In printing technology, many SMEs are now going for Multifunctional printer devices (MFD) with laser printing technology rather than old dot matrix or inkjet printer as MFD laser printer offers low operational cost high printing speed, and better response time for handling printing command as compared to other printer technology.

3. The Adoption of Digitization Is One of The Biggest Challenges That Is Hindering the Growth of The Global Printers Market.

Digitization is the process of converting and collecting documents or information into digital formats such as images, pdf, or Digi locker (Digi Locker is an Indian government service that provides a digital cloud-based account for authentic documents such as identity proof, driving license, and more).

The adoption of digitization in government offices, banks, and educational institutes is currently some of the biggest challenges faced by the global printer market. To deal with this problem many companies are now providing multi-functional printer devices, which can also act as a scanner, to scan hardcopy format document and convert it into softcopy.

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

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

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Philippines Cold Chain Market Growth 2022, Industry Share-Size, Demand, Emerging Trends, Opportunities, Key Players Strategies and Forecast Analysis 2022-2026: Ken Research

Philippines Cold Chain Logistics Market Overview:

The Philippines Cold Chain Market has seen a comprehensive and a significant growth over the last few years owing to rising domestic consumption of meat and seafood, expansion of existing warehousing by companies and increasing government initiatives and investments.

This results in high demand for low temperature control services including cold transport and cold storage pallets for frozen food products and pharmaceuticals. While the majority of Philippines had been in a state of lockdown, cold chain businesses were still open as the sector was classified as essential, during Covid-19 crisis. There was an acute shortage of cold chain solutions especially in rural areas which augmented the demand in this industry. The market also faced few challenges of high maintenance costs indicating a dire need for government and private initiatives to instill momentum in the sector. However, the country witnessed an increase in online food retail, inevitably affecting the food supply chain and positively impacting the cold chain sector as they witnessed an increase in demand for pallet space in their facilities as a result of the pandemic.

The rise in the demand for processed food in the country has necessitated the development of cold chain facilities in the country and has propelled the growth of the industry in Philippines.

Presently, the market is in its growth stage owing to rising domestic consumption of meat and seafood, expansion of existing warehousing by companies and increasing government initiatives and investments in the country. Also, the rising middle class, booming e-commerce market and the decentralization trend outside of Metro Manila are shaping the Philippines Cold Chain Industry Market.

Philippines Cold Chain Market Segmentation:

By End User: Meat & Seafood segment dominates majority of the market revenue share, followed by others.

By Ownership: The Philippines Cold Chain Industry Ecosystem is Driven by Large Scale 3PL Companies. This holds for both storage and transportation.

By Type: The Philippines Cold Chain market can be further classified into Cold Storage and Cold Transport.

Philippines Cold Transport Market Segmentation:

Philippines cold transport market was evaluated to grow positively during 2016-2021. Infrastructural development by the government, increasing number of food businesses and inclining number of cold transport companies are propelling the market growth. Correspondingly, increasing 3PL services for reefer trucks and rising demand for fast food from quick service restaurants has been the major growth driver for cold transport market in Philippines. However, due to the extreme weather conditions, moving cold chain commodities such as pharmaceutical and dairy products within Philippines always bears a higher risk. Government is planning to increase infrastructure expenditure reaching significant proportion of GDP by 2022. This is projected to positively impact road network for cold transport services.

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By Truck Type: Mostly smaller vans with 5-10 tons capacity are used due to underdeveloped road infrastructure.

By Mode of Transportation: Cargo transportation is done by road and RORO facility which is more economical way to transport the goods between the Islands.

By Location: Philippines cold transport market is largely import oriented.

By End User: Meat & Seafood segment dominates majority of the market revenue share, followed by others.

Philippines Cold Storage Market Segmentation:

By Temperature range (by number of pallets): The companies charge varying prices from their clients on per pallet per day basis.

By Automation (by pallets): Surge in demand of value-added services has made cold storage companies opt for automation services.

By Region: There is high concentration of warehouses in Luzon Island group owing to several factors.

Market Size of Major End Users:

The report also cover market size of major End Users of Frozen Storage market in Philippines such as Meat and Seafood market, Dairy Products market, Pharmaceutical market and Ready-to-Eat market.

Competition Landscape in Philippines Cold Chain Market?

The Cold chain market is highly fragmented and is home to triple digit cold transportation & storage players (not including captives). Additionally, Cold chain companies are competing on parameters such as number of Warehouses, Location, Temperature range offered, Pallet Positions, Pallet Positions by type, Prices, Occupancy rate, Revenue PHP. Increased technological innovations, expansion of pallets by major companies, entry of new players such as Antarctica Cold Storage, Aspen Logistics, San Simon and more have added more competition parameters in the market. Other companies include Glacier Megafridge, Royale Cold Storage, Big Blue Logistics, Mets Logistics, ORCA Cold Chain, Fast Logistics Group, Igloo Supply Chain, Arctic Cold Storage, VVS Cold Storage (Vifel), Antarctica Cold Storage, Crystal Cold Storage, JM Processing, San Simon Cold Storage, Estrella Cold Storage, Cebu Subzero Logistics, Everest Cold Storage, Aspen Cold Storage

What is the Future Outlook of Philippines Cold Chain Market?

Philippines cold chain market is expected to register a positive CAGR during 2021-2026F owing to increasing infrastructure investment to improve connectivity for cold transport business, high domestic demand for seafood and meat products, growing focus on ISO and LEED certifications for frozen storages, automation in cold storages through ASRS, WMS and RFID and incorporation of quick or blast freezing services. Demand for perishable food products is expected to increase due to the rising disposable income and retail spending of the people in the country, which will necessitate the development of cold storage facilities and positively affect the market growth.

Key Topics Covered in the Report

Executive Summary
Temperature Controlled Storage Market Philippines
Research Methodology including market definitions, market size and modeling
Industry Value Chain for Philippines Cold Chain companies
Philippines Cold Chain Market size (by revenue)
Philippines Cold Chain Market Segmentation (by Cold Storage & Cold Transport, by End User Application, by Ownership)
Landscape on Philippines Warehousing Market
Snapshot on Philippines Cold Storage Market
Snapshot on Philippines Cold Transport Market
Industry Analysis for Philippines Cold Chain Market
Issues and Challenges in Philippine Cold Chain Market
SWOT Analysis of Philippines Cold Chain Industry
Competitive Landscape in Philippine Cold Chain Market
Philippines Cold Chain Market Future Market size and predictions
Analyst Recommendations

UAE Cold Chain Market Outlook To 2025 – By Cold Storage (Ambient, Chilled And Frozen Warehousing) And Cold Transport (Land, Sea And Air), By End User (Dairy Products, Meat And Seafood, Pharmaceuticals, Fruits And Vegetables And Others) And By Ownership (Integrated And Contract Logistics)

South Korea Cold Chain Market Outlook To 2023 – By Cold Storage (Ambient, Chilled And Frozen Warehousing) And Cold Transport (Land, Sea And Air), By Application (Dairy Products, Fruits And Vegetables, Meat And Seafood, Pharmaceuticals And Others) And By Ownership (Integrated And Third Party Logistics)

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3 Key Insights on the US$ 4 Billion Opportunity in Global Reclaimed Rubber Market: Ken Research

Driven by the Rising Automotive and Aerospace Industry, and Shifting Trend Towards Sustainable Material Products, the Global Reclaimed Rubber is forecasted at approximately US$ 4 Bn by 2028 says Ken Research Study

Reclaimed rubber is a material manufactured from scrap or waste rubber, through the softening and plasticizing process. Reclaiming is a process in which scrap rubber waste is converted, using mechanical and chemical processes into a state in which it can be mixed, processed, and vulcanized again. Reclaimed rubber is used in tires, inner tubes, tire lining, retreading, belting, adhesives, mastics, footwear, sheeting, matting, belting, and others.

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

1. Growing Adoption of Recyclable Tires, and the Shifting Trend Towards Sustainable Manufacturing acts as a Driver for the Market.

According to Ken Research Analysis, the Global Reclaimed Rubber Market was valued at US$ 1 Billion in 2017, it is estimated to be US$ 2 billion in 2022 and is forecasted to reach a market size of ~US$ 4 billion opportunities by 2028, owing to the rising environmental concern and stringent government policies on manufacturing facilities to reduce the emission of harmful gases. Furthermore, the easy availability of scrap tires, and increasing consumer preference toward environment apt material products with lower cost and efficient quality, have further aided the reclaimed rubber market to expand. As a result, various types of reclaimed rubber material such as whole tire, butyl, EPDM, and drab & colored reclaimed rubber are being used in tires, footwear, and other molded rubber products.

2. Advancements in Automotive Industry in Asia Pacific Region, Is Likely to Propel the Growth of the Reclaimed Rubber Market.

The Reclaimed Rubber Market is expected to witness significant growth during the forecast period, due to the surging automotive industry. According to the Indian Brand Equity Foundation (IBEF), a semi-government trust formulated by the department of commerce, stated that the automobile industry in India attracted foreign direct investment (FDI) worth US$ 32.84 billion between April 2000 to March 2022. IBEF also mentioned that the Indian passenger car market was valued at US$ 32.70 billion in 2021 and is expected to reach a value of US$ 54.84 billion by 2027. The increasing automobile industry is likely to drive the demand for tires, which certainly acts as a booster for the reclaimed rubber market.

3. Degrading Physical Properties of Reclaimed Rubber and Fluctuating Crude Oil Prices Restrain the Market Growth.

Devocalization or depolymerization of waste rubber will likely result in the degradation of the physical properties of rubber. Devocalization is a process through which vulcanized waste rubber is transformed into the state in which it can be vulcanized, after mixing and processing. Degradation of rubber can range up to 30 to 70% from the virgin state. A higher level of application such as tires from waste rubber is limited to use after the degradation of a material.

Furthermore, fluctuating raw material cost is also hampering the growth of the global reclaimed rubber market. Enerdata, an energy intelligence company, stated in a report that global crude oil output rose by less than 1% in 2021 after a 7.4% drop in 2020. International oil prices rose by almost 70% in 2021. Highly fluctuating prices and lower production of crude oil is a restraining factor for the reclaimed rubber market.

For More Information, refer to below link:-

Reclaimed Rubber Market Industry Outlook

Global Biodegradable Plastics Market Size, Segments, Outlook, and Revenue Forecast 2022-2028

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

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Country Players Dominate in terms of Number while Regional Players Dominate hold the Highest Market Share, Despite the Presence of ~300 Competitors, finds a recent market study on the Global Power Tools Market by Ken Research.

Power tools are the equipment used to cut, wrench, saw drill, and polish materials. It is classified as stationary power tools and portable power tools. Stationary power tools such as table saw machines, drill presses, band saws, and others are used for precision, strength, and smoothness. Portable power tools are used for low weight, minimal heat generation, and longer time span of the machine such as wrenches, and drill machines.

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

Global Players Constitute ~10% of the Total Number of Competitors, While Country Niche Players Dominate Representing ~55% of Total Competitors

Competitive Analysis by the research study found that the Global Power Tools Market is highly competitive with ~300 players which include country-niche players, regional players as well as a significant number of globally diversified players, who deal in manufacturing and supplying power tools. The country-niche players hold a significant portion of the market revenue share followed by regional players. Most of the players are having their headquarters in the North American region.

Regular Product Improvisation and New Product Development Drive the Major Players in Formulating their Key Strategies.

Detailed comparative analysis of key competitors available within the research study reveals that players have a variety of power tools products catering to various end users including, cordless power tools, drills, hammer drills, impact drivers, grinder, sanding, pneumatic, sawing, and others. All leading competitors have a strong presence in the global power tools market. Furthermore, several companies and organizations are aggressively investing in R&D to cater to the demand of end-users.

In May 2022, Makita Corporation launched 19 new XGT cordless tools and equipment to expand the system. The 40V | 80V XGT system gives users one battery platform for a full range of equipment and tools.
In January 2022, Bosch Power Tools, the global leader in power tools and power tool accessories, launched a new hammer drill/driver under the PROFACTOR system. The hammer drill/driver includes Bosch Power Tools BITURBO Brushless technology to help energize the next generation of high-powered cordless tools.

Government Policies and Increased Adoption Of Power Tools Globally Leading To Major Industry-Wide Developments, Acquisitions, Collaborations

The National capital goods policy envisages increasing production of capital goods from ~ US$ 28 billion in 2014-15 to ~ US$ 91 billion by 2025. Capital goods include machine tools, textile machinery, moulds and press tools, printing and packaging machinery, and others. It envisages increasing export from the current 27% to 40% of production while increasing the share of domestic production in India’s demand from 60% to 80%.
In October 2021, Stanley Black and Decker partnered with specialty materials provider Eastman to advance sustainability in the power tools industry. Black+Decker, a Stanley Black & Decker Brand, will be releasing a new product line, reviva, offering the brand’s first sustainability-led power tools that utilize Eastman’s Tritan Renew copolyester.
In February 2019, KYOCERA acquired 100% ownership of Van Aerden Group BV, a European-based manufacturer of pneumatic tools. Through this acquisition, KYOCERA aims to strengthen its pneumatic tool business in Europe.

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

Global Power Tools Market

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3 Key Insights on the US$ 50 Billion Opportunity in the Global Power Tools Market: Ken Research

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Driven by the Rising Manufacturing and Construction Industry, and Adoption of Power Tools in Household Applications. The Global Power Tools Market is forecasted at approximately US$ 50 Bn by 2028 says Ken Research Study.

Power tools are the equipment used to cut, wrench, saw drill, and polish materials. Power tools are classified as stationary power tools and portable power tools. Stationary power tools are used for precision, strength, and smoothness such as table saw machines, drill presses, band saws, and others. Portable power tools are used for low weight, minimal heat generation, and longer time span of the machine such as wrenches, and drill machines.

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

1. Emerging Construction and Manufacturing Industry Worldwide, Is Likely to Propel the Growth of the Power Tools Market.

According to Ken Research Analysis, the Global Power Tools Market was valued at US$ 25 billion in 2017, it is estimated to be ~US$ 35 billion in 2022 and is forecasted to reach a market size of ~US$ 50 billion opportunities by 2028, owing to the surging construction and manufacturing industry. Multiple power tools are used in the manufacturing industry such as impact wrenches, electric screwdrivers, handheld portable grinders, sockets, pliers, and others.

According to Indian Machine Tool Manufacturers Association, the apex industry body for the machine tools sector in India mentioned that the national capital goods policy envisages increasing production of capital goods from ~ US$ 28 billion in 2014-15 to ~ US$ 91 billion by 2025. Capital goods include machine tools, textile machinery, moulds and press tools, printing and packaging machinery, and others. It envisages increasing export from the current 27% to 40% of production while increasing the share of domestic production in India’s demand from 60% to 80%.

2. Rising Usage of Power Tools in Automotive is Driving the Growth of the Market.

Power tools are mostly used by vehicle manufacturers as well as repair and maintenance service providers in the automotive industry. Power tools help in decreasing the time linked with these redundant tasks, along with delivering increased efficiency. In car production over 55 different types of power tools are used including torque wrenches, impact drivers, air wrenches, power drills, polishing machines, air compressors, spray guns, and others.

As per the International Organization of Motor Vehicle Manufacturers (OICA), an organization working in the interest of vehicle manufacturers and assemblers stated that China’s vehicle production increased by 3% from approximately 25 million units in 2020 to approximately 26 million units in 2021.

3. Fluctuating Prices and Disruption in the Supply of Raw Materials is Likely to Restrain the Power Tools Market.

Steel, aluminum, zinc, and others are the key material used in manufacturing power tools. Apart from this, batteries, motors, and other electronic components are used in the production of power tools. During COVID-19, the prices of materials have declined significantly but as the demand surged and supply reduced, the prices of these materials have soared to an all-time high.

As per the European Power Tool Association (EPTA), which represents power tool manufacturers, stated that cordless power tools (CPT) account for approximately 50% of the power tool market. CPT is lightweight, low voltage, and requires no electric cables while in production. Furthermore, lithium-ion batteries are classified as dangerous goods in international transport law and have special regulations for carriage. Batteries with an energy content over 100Wh are more heavily regulated.

Increasing lithium prices will affect the prices of cordless power tools, which can likely hamper the growth of the overall power tool market.

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

Global Power Tools Market

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

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

Cloud Computing is the online delivery of IT resources on demand of consumer instead of buying, owning, and maintaining physical, and the payment of the resources are done on how much consumers consume. Cloud services can either be public or private, yet these are typically delivered by third parties through various endpoints like websites, application software, and mobile apps.

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

Country Niche Players Constitute ~60% of Total Number of Competitors, While Regional Companies Constitute ~30% of Competitors in 2021.

A comprehensive competitive analysis conducted during the Research Study found that the Global Cloud Computing Market is highly competitive with ~500 players, including globally diversified players, regional players, and a large number of country-niche players with their niche in advancement in cloud-based solutions for multiple end-user industries. The major global cloud solution companies, including Microsoft, AWS, Salesforce, Oracle, SAP, Google, Workday, Adobe, IBM, Alibaba, VMware, and HPE are expected to maintain their leading positions during the forecast period. The country-niche players are more focused on R&D to find out the investor’s behavior towards the market and the partnership. Whereas some of the players who involve in creating cloud-based solutions get acquired by global players seeking to grow and diversify quickly.

Global Players' and Focused Organizations Ongoing Efforts to Provide Diverse Cloud Solutions to End-User Industries Are Driving Their Revenue Growth In This Market.

Detailed comparative analysis of key competitors available within the Research Study shows that many cloud-based service providers are indulging in partnership, acquisition, and product launches to expand the cloud market in various regions. Moreover, various companies are also investing in a cloud-based solution for growth perspective.

In November 2021, IBM Corporation introduced the IBM cloud for telecommunication with more than 35 partners that have committed to join IBM’s ecosystem to drive business transformation. This launch assisted telecommunication providers in addressing fast business change, special challenges to the highly regulated industry, and enhancing agility to leverage the power of 5G and edge computing.
In December 2020, Adobe acquired Workfront, an online work management software that connects people and works across the market. The acquisition aimed to give leading brands access to a single system to support planning, collaboration, and governance, to unlock organizational productivity.
In May 2021, Google Cloud launched Vertex AI, the latest managed machine learning platform. Vertex AI is designed to make it easier for developers to deploy and maintain their AI models. This latest product allows better deployments for a new generation of AI that would empower data scientists and engineers to do fulfilling and creative work.

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The Ongoing COVID-19 has noticeably contributed to the development of the Cloud Computing Market.

The outbreak of the COVID-19 pandemic impacted businesses drastically, stifling innovation, suppressing profitability, and drying up cash flow and financial reserves. IT and software development industries had been facing challenges due to this unforeseen outbreak.

Although all the outcry against COVID-19 has produced personal, professional, and community life, it also presented business opportunities. Thus, cloud computing solutions support teams in learning to collaborate, and businesses to adopt the remote working models. This scenario has propelled market growth in recent years. Multiple companies in different verticals have adopted the work-from-home model, driving up demand for Software-as-a-Service (SaaS)-based solutions. Moreover, Companies were also involved in new strategic development and product launches to retain their market share.

In March 2021, IBM released the IBM Cloud Satellite, an extension of the IBM Public Cloud. The IBM Public Cloud enabled its enterprise clients to launch consistent cloud services anywhere and in any environment across any cloud, on-premises, or at the edge.

The post-pandemic trends have enhanced the need for agility in how companies use smart technologies like mobile supercomputing, big data, IoT, and artificial intelligence. The Cloud Computing Market saw an increase in demand as businesses continued to move workloads from analog to digital formats.

Key Companies and Governments Focus on Promoting Cloud Computing as a part of Learning and Development Across Different Verticals.

In June 2020, Microsoft launched a global skilled initiative aimed at bringing more digital skills to 25 million people worldwide by the end of the year. This initiative brings together every part of the company, combining existing and new resources from LinkedIn, GitHub, and Microsoft.
In July 2020, Amazon Web Services (AWS) announced that seven higher education institutions in India will adopt cloud computing curricula from its AWS Educate initiative to help develop the next generation of cloud professionals. The cloud computing content will be offered as part of undergraduate degree and postgraduate diploma programs starting in September 2020.
In July 2022, ServiceNow, a business model based on providing products using SaaS cloud computing software, and Microsoft are aligned to help customers in the federal market move into private cloud, shared cloud, or trusted cloud offerings so they can realize the benefits and value of cloud services. Agencies can then accelerate key initiatives, such as security and zero trust while leveraging analytics and insights directly within their cloud instance.

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Key Topics Covered in the Report

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

Leading Companies Mentioned in the Report

Microsoft Corporation
Amazon Web Services
Salesforce. Com, Inc.
Oracle Corporation
Systems, Application & Products in Data Processing
Google LLC
Workday Inc.
Adobe System Incorporation
International Business Machines
Alibaba Group Holding Limited
Virtual Machine Software
Hewlett Packard Enterprise

Notable Emerging Companies Mentioned in the Report

OutSystems
Onecloud
IntelePeer
Nodejitsu Inc.
Activestate
The cloud Connectors
Gogiro
Hexagon data
Power Host
IDESK
MCM Telecom

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

Cloud Computing Solution Companies
Cloud Computing Platform Companies
Potential Investors in Cloud Computing Companies
ML Solutions and Service Providers
Government Ministries and Departments of Information Technology
AI Solution Providers
Potential Investors for AI
Cloud-based Developers
Institutional Investors
Investors and Financial Community Professionals
Investment Funds
Cloud Computing Research Organizations
Research & Development Institutes
Cloud Computing Association

Time Period Captured in the Report

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

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

Global Cloud Computing Market: Ken Research

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Global Players that Constitute just ~5% of the Competitors Hold ~30% of Market Share Despite the Presence of about 400 Competitors, finds a recent market study on Global Polyamide Market by Ken Research

Polyamide is found both naturally (silk and wool) as well as through synthetic sources like aramid, polyamide 6, and more. It is being increasingly adopted due to artificial polyamide’s characteristics like strong mechanical qualities, wear resistance, chemical resistance, and low gas permeability along with natural polyamide’s eco-friendly nature.

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

1. Country Niche Players Constitute ~60% of the Competitors Followed by Regional Players with ~35% by Type

A comprehensive competitive analysis conducted during the Research Study found that the Global Polyamide Market is highly competitive with ~400 players which include globally diversified players, regional players, as well as a large number of country-niche players who have their niche in polyamide for multiple industries. The global players comprise ~5% of the competition and hold ~30% of the market revenue share.

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2. Competitors in the Market are Adopting Various Expansion Strategies Such as Mergers & Acquisitions and Product Development

With numerous global corporations and small producers conducting their operations 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.

To strengthen their positions in the market, well-known businesses that operate employ the acquisition route.

For instance, Laird Performance Materials was purchased by DuPont in July 2021. Through this acquisition, DuPont is able to better position itself in the market by integrating Laird Performance Materials into its Electronics & Industrial Interconnect Solutions (ICS) division.

Companies also use various tactics to increase their yearly sales, such as mergers, expansion, and new product releases.

3. Increased Adoption of Polyamide in Various Parts of the World leading to Major Industry-Wide Developments, Acquisitions, and Deal-Wins

In March 2022, LANXESS provided its clients with processors of its Durethan polyamides and Pocan polyesters (PBT) certified figures for the carbon footprint of the base resins. The glass fibers produced by LANXESS in Antwerp as well as the polyamide 6 precursor caprolactam were both certified by an authorized verification agency.
In February 2020, Clariant joined hands with Lavergne to manufacture halogen-free flame-retardant compounds for electronic products. Clariant's Exolit OP halogen-free flame-retardant polyamide and recycled plastic are combined to create the compound. With this development, the company will be able to develop new applications for plastics.

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Key Topics Covered in the Report

Snapshot of Global Polyamide Market
Industry Value Chain and Ecosystem Analysis
Market size and Segmentation of the Global Polyamide Market
Historic Growth of the Overall Global Polyamide Market and Segments
Competition Scenario of the Market and Key Developments of Competitors
Porter’s 5 Forces Analysis of the Global Polyamide Market
Overview, Product Offerings, and SWOT Analysis of Key Competitors
COVID-19 Impact on the Overall Global Polyamide Market
Future Market Forecast and Growth Rates of the Total Global Polyamide Market and by Segments
Market Size of Product / Application Segments with Historical CAGR and Future Forecasts
Analysis of the Polyamide 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 Regions

Major Players Profiled in the Report

Honeywell International Inc.
BASF SE
Evonik Industries AG
DuPont de Nemours Inc.
Teijin Limited
LANXESS AG
Invista
Solvay SA
Koninklijke DSM NV
Domo Chemicals GmbH
Mitsubishi Chemical Holdings

Emerging Companies Mentioned in the Report

Toray Industries, Inc.
Premier Chemical Industries
Ter Chemicals Distribution Group
Norelem
Viscofan Group

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

Global Polyamide Market: Ken Research

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3 Key Insights on US$ 50 Bn Opportunity in Global Polyamide Market: Ken Research

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Driven by the Rising Adoption of Polyamide in Automotive, Electronics, and Electrical Industries, the Global Market is Forecasted to reach ~US$50 Bn by 2028 says Ken Research Study.

Polyamide as a substitute for metals is being increasingly demanded, to reduce weight is boosting the demand for polyamide in various end-user industries like electronics and electrical, automotive, consumer goods and appliances, and various other sectors.

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

1. Distinct Characteristics of Polyamides are Key Reasons for Their Adoption in Various Industries

According to Research estimates, the Global Polyamide Market – which was valued at ~US$ 25 Bn in 2017, is estimated to reach ~US$ 35 Bn by 2022 – is further expected to grow to ~US$ 50 Bn opportunity by 2028.

Manufacturers and engineers frequently require a material that is more pliable and lightweight than metal while still offering protection and durability making polyamide a preferred option. It is widely used in a variety of industries and product manufacturers because of its convenience, dependability, and affordability.

Types of polyamides include Polyamide 6, Polyamide 66, and Bio-based Polyamide and find application in industries including engineering, plastics, textiles, electronics & electrical, sports equipment, automotive, and consumer goods & appliances.

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2. Growing Demand for Components with High Compactness Qualities to Propel the Market for Polyamides

The demand for polyamides in the electrical and electronics industries is anticipated to rise as size concerns become more prevalent due to polyamides like plastics' compactness and ease of integration with other components. As a result, manufacturers are creating smarter, thinner-walled tiny circuit breakers (MCBs), which facilitate the design process.

According to British Plastic Federation, plastics are employed in a variety of applications where their insulating qualities are required since it does not conduct electricity. Electric wiring is frequently insulated with PVC, and light fixtures, switches, and grips are typically made of thermosets, which can tolerate high temperatures. Also, given that they shield the user from the possibility of electric shock, plastics are particularly well suited for the housings of products like electric razors, hairdryers, and food mixers. Therefore, polyamide adoption is a trend in the electrical and electronics industries.

The below chart depicts the tensile strengths of PA6 and PA66 polyamides that are widely used in electronics and electrical devices. Although both polyamides have their own specific applications, PA6, has higher tensile strength than PA66, and is most preferred in electronic devices.

3. Hurdles from Substitute Products to Pose Limitations in Growth of the Market

The growth rate of the Global Polyamide Market is experiencing hurdles due to growing competition from replacement products like polypropylene and polyvinylidene fluoride (PVDF) which is a non-reactive thermoplastic with few superior properties in comparison to polyamides.

For example, the water permeability quality of PVDF makes it the preferred choice. It absorbs significantly less percentage of water as compared to polyamides like 6 and 66. This makes polypropylene ideal for total immersion applications when the material of the basket beneath needs to be shielded from exposure to various chemicals.

Polyvinyl fluoride (PVF) is being adopted in various different industries and production processes. It is regarded as a distinctive polymer or special plastic. Due to its qualities and performance, such as outdoor durability, stain resistance, high stability, and adhesion, it is consequently a significant type of polymer.

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Key Topics Covered in the Report

Snapshot of Global Polyamide Market
Industry Value Chain and Ecosystem Analysis
Market size and Segmentation of the Global Polyamide Market
Historic Growth of the Overall Global Polyamide Market and Segments
Competition Scenario of the Market and Key Developments of Competitors
Porter’s 5 Forces Analysis of the Global Polyamide Market
Overview, Product Offerings, and SWOT Analysis of Key Competitors
COVID-19 Impact on the Overall Global Polyamide Market
Future Market Forecast and Growth Rates of the Total Global Polyamide Market and by Segments
Market Size of Product / Application Segments with Historical CAGR and Future Forecasts
Analysis of the Polyamide 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 Regions

Major Players Profiled in the Report

Honeywell International Inc.
BASF SE
Evonik Industries AG
DuPont de Nemours Inc.
Teijin Limited
LANXESS AG
Invista
Solvay SA
Koninklijke DSM NV
Domo Chemicals GmbH
Mitsubishi Chemical Holdings

Emerging Companies Mentioned in the Report

Toray Industries, Inc.
Premier Chemical Industries
Ter Chemicals Distribution Group
Norelem
Viscofan Group

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

Global Polyamide Market: Ken Research

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

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Country-Niche Players Dominate the Market Holding ~75% of Revenue Share Despite the Presence of about 500 Competitors Comprising Global Players and Regional Players, finds a recent market study on the Global Medical Tourism Market by Ken Research

Medical tourism is the process of organized travel outside the country to avail medical care. Medical tourists travel across the countries to use low-cost healthcare treatments and facilities to maintain, improve, or restore their health. Medical tourists travel to access different kinds of treatments such as neurological care, dental care, cardiovascular care, cosmetic treatments, and other treatment options.

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

1. Country-niche Players Constitute ~93% of the Total Number of Competitors and hold ~75% of the Total Market Revenue

A comprehensive competitive analysis conducted during the Research Study found that the Global Medical Tourism Market is highly competitive with ~500 players which include globally diversified players, regional players as well as a large number of country-niche players having their niche in Medical Tourism. The country niche players comprise ~93% and regional players comprise ~5% of competitors. Most of the country-niche players are strategically collaborating with healthcare associations and others to enhance their visibility in medical tourism.

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2. Leading Global Players Significantly Investing to Boost Healthcare Infrastructure

Detailed comparative analysis of key competitors available within the Research Study shows that key players such as KPJ Healthcare Berhad, Fortis Healthcare, and Asian Heart Institute among others are highly focused on providing high-quality treatments at affordable prices to attract foreign consumers. Furthermore, several companies are aggressively involved in a partnership with governmental, and non-governmental bodies and others to become visible in the market for medical tourism. Companies are focused on enhancing their infrastructure to provide better healthcare, improved hospitality, and individualized care, which is expected to lure more customers seeking medical treatment in other countries.

In July 2022, Fortis Healthcare announced about adding of approximately 1,500 beds over the next five years to enhance its presence in the existing location. In addition, the company also engaged in strategizing to strengthen its existing specialties and build new medical programs.

3. Increased Government Initiatives Promote Medical Tourism Growth and Development

In August 2022, the Prime Minister of India announced the “Heal in India” initiative that aims to boost medical tourism in the country as well as to position the country as a global hub for wellness and medical tourism. Under this initiative, the country planned to feature special desks at 10 airports, a multi-lingual portal, and simplified VISA norms for passengers, visiting India for medical treatment.
In November 2021, the Thai government took initiatives to boost domestic travel for medical purposes. The government is providing subsidies for hotel stays and flights for travelers.

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Key Topics Covered in the Report

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

Major Companies Profiled in the Report

Aditya Birla Health Services Ltd.
Apollo Hospitals Enterprise Ltd.
Fortis Healthcare
Asian Heart Institute
KPJ Healthcare Berhad
Nippon Telegraph and Telephone East Corporation
Samitivej PCL
Wooridul Spine Hospital
Seoul National University Hospital
Prince Court Medical Centre

Notable Emerging Companies Mentioned in the Report

Bangkok Hospital Group
Bumrungrad International Hospital
Livonta Global
Max Healthcare
Klinikum Medical Link

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

Private Hospitals Chains
Medical Tourism Service Providers
Medical Associations
Governmental Regulatory Bodies
Financial Institutions
Investors for Hospitals
Tourism Service Providers
Medical Equipment Manufacturers
Medical Researchers
Pharmaceutical Products Manufacturers
Hotel Chains Focused on Medical Tourists
Health-tech Companies

Period Captured in the Report

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

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

Global Medical Tourism Market: Ken Research

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Ken Research

Ankur Gupta, Head Marketing & Communications

support@kenresearch.com

+91-9015378249