Thursday, February 2, 2023

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

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What is the Size of Global Warehouse Management System Industry?

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

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

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

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

Global Warehouse Management System Market by Deployment Type

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

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

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

Global Warehouse Management System Market by Component Type

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

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

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

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

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Global Warehouse Management System Market by Tier Type

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

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

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

Global Warehouse Management System Market by Function Outlook

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

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

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

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Global Warehouse Management System Market by End-User

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

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

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

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

 Global Robotic Sensors Market By Geography

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

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

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

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

Global Robotic Sensors market Analysis

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Competition Scenario In Global Robotic Sensors Market

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

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

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

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

The Global Robotic Sensors market was valued at USD ~billion in 2022 and is anticipated to reach USD ~billion by the end of 2028F, witnessing a CAGR of ~% during the forecast period 2022-2028F. The realistic growth scenario represents the most likely scenario as per current market conditions. This scenario assumes that there will be no overall impact on the market due to any potential COVID-19 waves in the future.

The Global Robotic Sensors market is driven by introduction of Industry 4.0, widespread digitization and adoption of autonomous and collaborative robots across end-user industries. However, the market is also constantly being influenced by rapid development in technology, product innovation, and diversification in some countries.

With the increasing collaboration and emergence of new products, the Global Robotic Sensors market is changing rapidly. For instance, In February 2022 Novanta Inc. established a new collaboration with Mass Robotics to support the development and expansion of the following wave of prosperous robotics firms.

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

The market for robotic sensors is expected to continue expanding at a significant double-digit pace of ~17%, which is considerably faster than the rate the market experienced between 2017 and 2021. Owing to Industry 4.0 and digitization, the adoption of robots has increased significantly over the forecast period. Over the projection period, robotics developments are anticipated to lead to more flexible manufacturing methods, which are expected to result in a massive rise in the adoption of robotic sensors. With the rising deployment of autonomous and collaborative robots across end-user industries, the demand for robotic sensors is expected to rise to provide more precision and accuracy while operating. Though the market is highly competitive with ~ 200 participants, few global players control the dominant share and regional players also hold a significant share.

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Key Topics Covered in the Report

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

Major Companies Mentioned in the Report

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

Notable Emerging Companies Mentioned in the Report

  • OnRobot
  • Sensata
  • TE Connectivity
  • Blickfeld
  • Robotous

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

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

Time Period Captured in the Report

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

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

Global Robotic Sensors Market

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

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

New Zealand Outdoor Payment Terminal Market Growth Drivers

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

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

Y-o-Y Installed Base of OPT in USD, 2021-2025F

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

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

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

For more insights on the market intelligence, refer to below link:-

New Zealand Outdoor Payment Terminal Market

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

 What Is The Size Of Global Robotic Sensors Industry?

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

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

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

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

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

Global Robotic Sensors Industry

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Global Robotic Sensors Market By Type

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

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

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

Global Robotic Sensors Market By Application

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

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

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

Global Robotic Sensors Market By End-User

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

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

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Key Topics Covered in the Report

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

Major Companies Mentioned in the Report

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

Notable Emerging Companies Mentioned in the Report

  • OnRobot
  • Sensata
  • TE Connectivity
  • Blickfeld
  • Robotous

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

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

Time Period Captured in the Report

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

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

Global Robotic Sensors Market

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

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

Egypt has a large installed base for Blood Gas Analyzers

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

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

Higher Dependency on POC Devices

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

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

Demand for Fully Automated devices

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

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

Challenges in Blood Gas and POC Immunoassay Analyzer Market

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

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Egypt Blood Gas Analyzer Market

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

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

Kuwait Catering Services Sector

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

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

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

Key Segments Covered in the report: -

Kuwait Catering Service Market

By Type:

  • Contract catering
  • Non-Contract catering

By Length of Contract:

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

By End Users:

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

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Key Target Audience

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

Time Period Captured in the Report:

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

Companies Covered:

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

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Key Topics Covered in the Report

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

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Future Outlook of Kuwait Catering Services Market

Related Reports by Ken Research: -

Qatar Catering Services Industry Outlook to 2024

UAE Catering Services Market Outlook to 2021

Future Outlook of France Vehicle Finance Market: Ken Research

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Need of Owning a Vehicle: During the projected period, the country is likely to give many growth prospects for market vendors. As a result, the market may expand significantly. Another key aspect influencing the region's auto finance sector is increased customer preference for having a car versus taking public transport. An automobile, which was long considered a prestige symbol, has suddenly become a necessity. The automobile sector has grown at an exponential rate since its start.

France Vehicle Finance Sector

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Easy Availability of Credit: Non-banking financial organizations provide automobile financing with less severe loan qualifying standards and flexible payback terms, attracting people to acquire a car. The provision of easy access to credit, generally by a bank or some other type of financial organization, allows consumers to pay the dealer or manufacturer even if they do not have the money, allowing them ownership without paying the whole cost at once.

Launch of New Models: Excessive investments in autonomous vehicles, as well as rapid financing from dealers, banks, and credit unions, will most certainly contribute to the expansion of the automotive finance business in the long run. The expanding practise of upgrading to newer automotive models, which improves vehicle sales and consumer demand for a shorter vehicle cycle, presents opportunities for car financiers. Car dealership buyback schemes and OEM warranty plans that need refinancing will almost certainly provide new opportunities in the automotive financing business.

Analysts at Ken Research in their latest publication "France Car Finance Market Outlook to 2027F" Driven by Growth in easy availability of credit and Rising Sales of vehicles in the Country. The introduction of new models, along with technological advancement in financing and implementation of favorable government rules & regulations is expected to contribute to the market growth over the forecast period. The France Car Finance Market is expected to grow at ~% CAGR over the forecasted period 2022-2027F.

Key Segments Covered in the report: -

        By New and Used Vehicle, 2022 and 2027

  • New Vehicle
  • Used Vehicle

By Type Vehicle, 2022 and 2027

  • Passenger Cars
  • Light Trucks

By Lender Category, 2022 and 2027

  • Banks
  • Captives and BHPH
  • Credit Unions
  • Private Finance Companies

By Risk Category between New and Used Vehicles, 2022 and 2027

  • Super Prime
  • Prime
  • Non-prime
  • Sub-prime
  • Deep Sub-rime

By Loan Tenure between New and Pre-Owned Motor Vehicles, 2022 and 2027

  • Less than 3 Years
  • Three Years
  • Four Years
  • Five Years
  • Six Years
  • Seven Years or more

Key Target Audience

  • Existing Auto Finance Companies
  • Banks
  • Captive Finance Companies
  • Credit Unions
  • Private Finance Companies
  • New Market Entrants
  • Government Organizations
  • Investors
  • Automobile Associations
  • Automobile OEMs

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Time Period Captured in the Report:

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

Companies Covered:

Banks

  • Cetelem
  • Cofinoga
  • Floa Bank
  • Younited Credit
  • Carrefour Banque

Captives, Credit Unions and Finance Companies

  • PSA Banque France
  • Hyundai auto finance
  • BMW Group Financial Services
  • Nissan Motor Acceptance Corporation
  • GM Financial
  • Credit Acceptance

Key Topics Covered in the Report

  • Executive Summary
  • Research Methodology
  • France Vehicle Finance Market Evolution
  • France Vehicle Finance Market Overview and Genesis
  • France Vehicle Finance Market Ecosystem
  • France Vehicle Finance Market Value Chain Analysis
  • France Vehicle Finance Market Size
  • France Vehicle Finance Market Segmentation
  • Major Trends and Development in France Vehicle Finance Market
  • Regulatory Framework in the France Vehicle Finance Market
  • Snapshot on Digitization of Vehicle Finance in France
  • Customer Perspective in France Vehicle Finance Market
  • Competitive Landscape containing Company and Product Profiles in the France Vehicle Finance Market
  • France Vehicle Finance Market Future Outlook and Projections
  • Analyst Recommendations for the France Vehicle Finance Market
  • Products

For more insights on market intelligence, refer to the link below: -

Future Outlook of France Vehicle Finance Market

Related Reports by Ken Research: -

US Vehicle Finance Market Outlook to 2023

Indonesia Car Finance Market Outlook to 2024

Wednesday, February 1, 2023

Global Seed Treatment Market Outlook, and Revenue Forecast: Ken Research

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What Is the Size of Global Seed Treatment Industry?

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

The Seed Treatment Market is largely driven by rising demand of the seeds as it offers low-cost protection against diseases and soil-borne organisms and protects weak seeds, resulting in improved germination.

Another major factor, driving the agriculture industry to adopt Seed Treatment measures, is its capacity to empower seeds to fight against unfavourable weather conditions. Such unfavourable weather conditions might result in cold and damp soils or extremely dry soils that encourage the breeding, growth, and development of fungi spores. For instance, in the United States, in 2010 and 2012, high night time temperatures had an immensely negative impact on corn

yields. Similarly, premature budding caused by a warm winter resulted in losses worth US$220 million of cherries in Michigan in 2012.

Furthermore, Ingredients used in Seed Treatment products are harmful to humans, animals, and also to seeds in some cases. Treated seeds that go unsold cannot be used as animal feed. The limiting peripheral or ancillary use of these treated seeds often hampers the scalability of the market. Treating the seeds at the correct dosage rate is also critical to the treatment’s success. For instance, seeds with high moisture percentage can get easily damaged when treated with concentrated liquid products.

Global Feed Treatment Market

Global Seed Treatment Market by Type

The Global Seed Treatment Market is segmented by Type into Chemical and Non-Chemical.

According to Ken Research’s analysis, the majority of the seed treatment procedures are carried out through the Chemical route.

Chemical treatment of seeds can be done by applying insecticides, fungicides, or nematicides, including fumigants, carbamates, etc. Non-chemical or biological seed protection processes involve bio-insecticides, bio-fungicides, and bio-nematicides.

According to the observations put out by the Iowa State University, fungicide seed treatment can be beneficial for seeds with less than 80% germination rate. These types of seeds are typically considered to be of low vigor. Fungicides are also considered effective treatment tools when seeds are planted early in cold or wet soils and reduced till and no-till fields.

Global Seed Treatment Market by Treatment

The Global Seed Treatment Market is segmented by Treatment into Seed Dressing, Seed Coating and Seed Pelleting.

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The seed coating segment is estimated to occupy the largest market share in 2022 as far as treatment/application techniques are concerned.

The techniques of seed dressing involve treating crop seeds with fungicides and/or insecticides so that they are well-equipped to fight out the fungal diseases and insects that attack from both below and above ground. The process of seed coating implies covering the seeds with manageable amounts of exogenous materials. Film coating or microbial coating are popular seed coating types. Finally, in the process of Seed Pelleting, inert materials are added to the seeds to increase their weight, size, or shape.

Global Seed Treatment Market by Crop

The Global Seed Treatment Market is segmented by Crop into Grains and Cereals, Oilseeds and Pulses, Fruits and Vegetables and Other Crop Types (Forages, Alfalfa, Flower seeds, etc.).

The Cereal and Grains segment is expected to emerge as the largest crop segment as far as the application of seed treatment techniques is concerned.

Production in the World Cereal Market, according to the data provided by the Food and Agriculture Organization of the United Nations (FAO), almost 2,645 million tons of cereals were produced during the 2018-2019 period, and the production was estimated to cross the mark of 2,800 million tons in 2022.

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Global Seed Treatment Market by Formulation

The Global Seed Treatment market is segmented by Formulation into Liquid Formulation and Dry Formulation.

Although the liquid formulation segment is expected to account for the largest share in 2022, the dry formulation segment is estimated to witness faster growth during the forecasted period. 

There are several types of liquid formulations that agriculturists try out on a regular basis for a range of crop seed types. For instance, soaking paddy seeds in 1% Potassium Chloride solution for 12 hours helps improve the germination potential. A similar outcome is achieved when Sorghum seeds are soaked in Sodium Chloride and Potassium Dihydrogen Phosphate solutions for 12 hours. Dry formulation seed treatments, on the other hand, help maintain the integrity of seed coatings. The growth in this segment is driven by the utilitarian benefits of the process: it is easy to apply and store and comes at a low cost.

Market Taxonomy

By Type         

  • Chemical
  • Non-Chemical

By Treatment / Application Technique

  • Seed Dressing
  • Seed Coating
  • Seed Pelleting

By Crop         

  • Grains and Cereals
  • Oilseeds and Pulses
  • Fruits and Vegetables
  • Other Crop Types (Forages, Alfalfa, Flower seeds, etc.)

By Formulation         

  • Liquid Formulation
  • Dry Formulation

By Function  

  • Seed Protection
  • Seed Enhancement

By Region     

  • North America (USA, Canada, Mexico)
  • Europe (Germany, UK, France, Spain, Italy)
  • Asia Pacific (China, Japan, South Korea, India, Indonesia, Australis)
  • Latin America, Middle East, and Africa (LAMEA)

Key Companies        

  • Adama Agricultural Solutions
  • Bayer AG
  • BASF
  • Syngenta AG
  • Sumitomo Chemical Co., Ltd.
  • Dow
  • Corteva, Inc.
  • Croda International Plc.
  • Nufarm
  • Novozymes A/S

For more insights on the market intelligence, refer to below link: –           

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

Global Hand Dryers market expected to record a CAGR of ~8% during the forecast period (2017-2028): Ken Research

 What Is The Size Of Global Hand Dryers Industry?

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

The Hand Dryers Market is largely driven by increasing individual awareness regarding health and hygiene, following the outbreak of the Covid-19 pandemic and rapid urbanization.

The increasing technological advancement and adaptation of products that are energy-intensive, environmentally sustainable, and pollutant-free is becoming a global priority, especially in the ongoing COVID-19 pandemic. This is boosting the demand for hand dryers worldwide to prevent the spread of the virus.

Rising government initiatives and inclination toward smart infrastructure in emerging countries, including Brazil, India, China, and Mexico are likely to boost the adoption of hand dryers. For instance, according to Swiss Re, a Swiss insurance company, emerging economies will invest USD 2.2 trillion in infrastructure annually over the next 20 years, amounting to 3.9% of GDP.

Furthermore, after pandemic when the governments lifted the lockdown restrictions, numerous industrial operations, such as commercial complexes, airports etc resumed their operations, resulting in a significant increase in the use of hand dryers to maintain social distance, thus fueling growth in Hand Dryers industry globally.

Global Hand Dryers Industry

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Global Hand Dryers Market By Product Type

The Global Hand Dryers market is segmented by Product Type into Hot Hand Dryers and Jet Hand Dryers.

The jet hand dryers segment dominated the market for hand dryers in 2022.

Jet hand dryers are more efficient than hot hand dryers as they consume less energy and require less drying time.

In addition, they are being largely installed in food-processing plants, airports, hotels, restaurants, shopping malls, hospitals, and office buildings as they are more hygienic, quick and effective, economically viable, silent, and comfortable

Global Hand Dryers Market By Mode Of Operation

The Global Hand Dryers Market is segmented by Mode of Operation into Push-Button and Automatic.

The automatic segment held the largest market share of the global hand dryers market in 2022.

The growth is mainly attributed to its energy efficiency, ease of maintenance, and cost-effectiveness.

In addition, it also cuts down the need for the human touch to dry hands, reducing the spread of germs that could be left on the dryer, which is the major factor driving the growth of this segment.

Furthermore, the outbreak of the COVID-19 pandemic accelerated the adoption of automatic hand dryers for contactless hand-drying experiences, which aids in the prevention of virus spread.

Global Hand Dryers Market By End-User

The Global Hand Dryers market is segmented by End-User into Hotels & Restaurant, Airports, shopping malls, Hospitals, Office Buildings and Others.

The hotels & restaurants segment accounted for the majority share of the global hand dryers’ market in 2022.

The continuous development and improvement of infrastructure across countries have increased the number of hotels and restaurants equipped with advanced techniques and facilities, which is fueling the demand for hand dryers.

Furthermore, the increase in tourism activities worldwide is one of the major factors contributing to the growth of this segment.

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Key Topics Covered in the Report

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

Major Companies Profiled in the Report

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

Notable Emerging Companies Mentioned in the Report

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

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

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

Period Captured in the Report

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

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

Global Hand Dryers Market

Global Wax Market is expected to reach a market size of US$ 14 billion by 2028 growing with a CAGR of 5%: Ken Research

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What Is the Size of Global Wax Industry?

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

The Wax Market is largely driven by growing demand for wax in various industries for its superior properties like high gloss acting as water and chemical resistance.

Increasing demand for wax from the candle and packaging industry and increasing consumer concern towards the adoption of bio-based wax is driving the growth of the Global Wax Market.

The increasing consumer concern about the adverse effect of the chemical products such as polymer wax, and paraffin wax in the cosmetics industry is leading to the increase in demand for bio-based wax. 

Fluctuations in raw material prices, USA-China trade war conflicts, and the rising cost of synthetic and bio-based waxes are major challenges for the Global Wax Market. The price and supply volatility of crude oil impacts the growth of petroleum wax, as the petroleum wax is separated from a wax oil mixture by centrifuging it at a lower temperature.

Furthermore, COVID-19 negatively impacted the Global Wax Market. The COVID-19 pandemic led to the partial or complete shutdown of production activities in various industrial areas such as packaging, cosmetics, and candle making. Supply chain disruption affected the logistics of raw materials. As a result, production declined for various industries which depended on wax.

Global Wax Market

Global Wax Market by Product Type

The Global Wax Market is segmented by Product type into Petroleum and Mineral Wax (Paraffin Wax and Microcrystalline Wax), Synthetic Wax (Gas to Liquid Wax and Polymer Wax), Natural Wax (Beeswax and Vegetable Wax).

The petroleum and mineral wax segment held the largest market share in 2022 of the Global Wax Market according to Ken Research analysis.

The growth is primarily attributed to the growing demand for petroleum and mineral wax from different end-user sectors such as lighting, packaging, cosmetics, pharmaceutical, and coatings.

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Global Wax Market by Application

The Global Wax Market is segmented by Application into Candles, Packaging, Wood & Fire Logs, Plastic & Rubber, Adhesive, Cosmetics, Pharmaceuticals and Others (Rheology, Soap wax, Floor Polishes).

The candle segment held the largest market share in 2022, owing to the growing demand for aromatherapy through scented candles.

The use of candles has become a critical household essential, for relaxation, stress reduction, and home decor. The increasing number of distribution channels such as decor, mass merchandise stores, and e-commerce platforms aided the demand for candles worldwide.

Global Wax Market by Geography

The Global Wax Market is segmented by geography into North America, Europe, Asia- pacific and LAMEA.

Asia Pacific is expected to account for the largest share among all regions within the total wax market, during the forecast period 2022-2028

The growth is primarily due to the rising living standards and increasing industrialization, specifically in countries like China and India. The low labor, raw material, and operational costs are also major factors propelling the growth in the Asia Pacific region. The region’s usage of cosmetic and personal care goods is expanding owing to the result of increased attention on personal appearance, and an aging population.

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China is one of the largest producers, consumers, and importers of wax, and India is one of the largest producers of beeswax in the world. India has the potential to keep 200 million bees council capable of producing over 15 kilotons of beeswax, according to the Economic Advisory Council Beekeeping Development Report 2019.

By Product Type

Petroleum and Mineral Wax

  • Paraffin Wax

  • Microcrystalline Wax

Synthetic Wax

  • Gas to Liquid Wax

  • Polymer Wax

Natural Wax

  • Beeswax

  • Vegetable Wax

By Application

  • Candles

  • Packaging

  • Wood & Fire Logs

  • Plastic & Rubber

  • Adhesive

  • Cosmetics

  • Pharmaceuticals

  • Others (Rheology, Soap wax, Floor Polishes)

By Geography

North America

  • USA

  • Canada

  • Mexico

Europe

  • France

  • Italy

  • Germany

  • Spain

  • UK

Asia Pacific

  • China

  • India

  • Japan

  • South Korea

  • Australia

LAMEA

  • Latin America

  • Middle East

  • Africa

Key Players

  • Sasol Ltd.

  • BASF SE

  • Exxon Mobil Corporation

  • Sinopec Corp

  • Holly Frontier Corporation

  • Royal Dutch PLC

  • Honeywell International Inc.

  • Baker Huges Company

  • Mitsui Chemicals Inc.

  • Nippon Seiro Co., Ltd

  • China National Petroleum Corporation

  • BP PLC.

For more insights on the market intelligence, refer to below link: –           

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