The Middle East Catering Market Is Projected To Grow Into A USD 4 Bn Market In 2027. Will The Middle East Catering Market Stand On This Projected Figure? Ken Research

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The Middle East catering market has been growing rapidly in recent years due to the increasing demand for catering services from various industries, such as corporate events, weddings, and social gatherings. Here are some of the current trends in the Middle East catering market

1. Technology integration and Sustainability in Middle East Catering Market

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Technology integration: Catering companies are leveraging technology to streamline their operations, including online ordering systems, mobile apps, and social media marketing. Sustainability: There is a growing awareness of the importance of sustainability and eco-friendliness in the Middle East catering market. Many caterers are adopting environmentally friendly practices, such as using biodegradable packaging and sourcing local, seasonal ingredients. Overall, the Middle East catering market is evolving rapidly, with catering companies adapting to changing customer preferences and leveraging technology to improve their services.

2. Eid Al-Fitr 2023

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The Eid al-Fitr festival catering market is a bustling and lucrative industry that caters to the needs of Muslims during this festive season.

The catering market during Eid al-Fitr is not limited to traditional foods alone. Many Muslims also prefer to dine out during the festival, especially if they are traveling to be with family or friends. This creates an opportunity for restaurants and hotels to offer special Eid al-Fitr menus and deals to attract customers.

Additionally, the Eid al-Fitr festival catering market extends beyond food to include other services such as event planning, decor, and gift wrapping. Businesses that offer these services often experience a surge in demand during the festival.

In summary, the Eid al-Fitr festival catering market is a lucrative and important industry for businesses that cater to the needs of Muslims during this festive season. From traditional food to event planning and decor, there are many opportunities for businesses to capitalize on the high demand for goods and services during Eid al-Fitr.

3. Different Varieties and Presentation of Cuisines

Fusion cuisine: Catering companies are now offering a fusion of traditional Middle Eastern cuisine with international flavors to cater to the diverse tastes of their customers. Health-conscious menus. Customized menus: Catering companies are providing customized menus to meet the specific dietary requirements of their clients, such as vegan, gluten-free, and halal options. Food presentation: The Middle Eastern catering market is placing more emphasis on the presentation of food, with caterers focusing on creative and visually appealing displays to enhance the overall dining experience.

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Middle East Catering Market

How Digital disruption will transform the Philippines Auto Finance Market in the next five years?: Ken Research

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The Philippines has observed the maximum growth in the automotive industry in ASEAN, with automotive loans outstanding growing at ~3% CAGR in the last five years (2016 – 2021). The industry is in the growing phase with Universal And Commercial Banking Institutions leading the Market and rising demand for used cars, a more Flexible model of financing driving the growth of the sector.

In the past 5 – 10 years, the Philippines is witnessing a new wave of digital enhancements with several new fin-tech platforms for aggregation. In this segment, we provide an overview of how this digital disruption will completely transform the Auto Finance industry in the Philippines in the next five years.

1. Philippines Auto Finance Market Loan Disbursement has witnessed a steady growth owing to government programs, user needs, and other factors

2. Rising demand in the used cars, more Flexible model of financing are some of the major trends governing the Philippines auto finance industry

3. Presently, more than 90% of Auto Finance Transactions go through a protracted process as follows

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4. But Online Auto Finance Aggregator Platforms which is an emerging Market in the Philippines is expected to extremely simplify the whole loan acquisition process

5. Digital disruptions in auto finance will make the industry more efficient and enable quicker and smarter settlements

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Philippines Auto Finance Market

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Brazil lubricant industry is expected to grow with a revenue of more than CAGR 3% by 2025- How will macro economic factors help riase demand for lubricant’s in Brazil?

 Partnerships and collaborations with OEMs, vehicle insurers and other entities to drive the growth of the industry, as per a report by Ken Research

1.The Changing Environmental Norms and Callenges faced by the Lubricants Market- Focus on reducing CO2 Emission is a big Challenge.

                     

Changing environmental norms in Brazil’s lubricant market

 

• Paris Climate Agreement, Demand for reducing CO2 Emission, Focus on Green Planet has led to various changes in the Automotive and Industrial settings.
• The new private car sales declined from 6 Mn to 1.9 Mn from 2012-16 period. Similarly, the commercial vehicle sales has witnessed constant decline during 2014-16.
• New digital methods are disrupting the entire value chain for lubrications. Application linked data has led to change the product development to simulation based approach.
• Mobility trends are changing with new material used for production, changes in engine standards, fuel emissions and focus on e-mobility and new lubricants being demanded as per new specifications with new applications such as cooling, battery cooling.

 2. Trends and Developments- Increasing Oil Production and Vehicles on Road is a Favorable Situation for the Market

                       

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In 2016, Brazil overtook Venezuela to become the region’s biggest oil producer. In 2018, it produced about 140 Mn Tonnes of Oil. This has declined oil prices and increased consumption.

The GDP Growth, industrial production increase, auto vehicle production growth, low inflation and other factors increased the market.

The lubricants market in Brazil has witnessed various partnerships, acquisitions and mergers in recent years. In 2018, Iconic was formed from a JV of Chevron and Ipiranga.

3. Decision Making Parameters undertaken by consumers buying automotive lubricants.

                            

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• The Purchase Decision is Highly Price Sensitive. Customer is willing to purchase high cost lubes for expensive vehicle. Low Price raises suspicion about the product quality in mind of customer.
• Customer purchases product recommended by mechanic or are well known due to the lack of technical knowledge. Companies such as Petrobras, Iconic, Cosan have some of the most famous manufacturers of lubricants in Brazil.
• Vehicle’s life and performance quality is affected by the quality of the lubricant, therefore consumers adopt for good quality product.
• Lubricants are widely available through car service stations, supermarket, hypermarket, distributors and online shops. Mechanics or personnel prefer products which are easily accessible to them.

Global 3D Bioprinting Market is expected to reach ~USD 5 Bn by 2028F: Ken Research

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Global 3d Bioprinting Market By Geography

The Global 3D Bioprinting market is segmented by geography into North America, Europe, Asia- pacific and LAMEA.

North America held the largest market share among all other regions within the global 3D bioprinting market in 2022, due to the supporting government policies to augment the growth of the region.

The increasing incorporation of IT in the healthcare industry and increasing adoption of 3D bioprinting for the production of medical products is expected to be one of the major factors contributing to market growth in this region.

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Competition Scenario In Global 3d Bioprinting Market

The Global 3D Bioprinting Market is highly competitive with ~100 players, including globally diversified players, regional players, and many country-niche players. Most of the regional players are the developers of 3D Bioprinting used in various end-user industries.

Country-niche players constitute ~25% of the total number of competitors, while regional players dominate representing ~45% of total competitors. Some of the major players in the market include Organovo Holdings, Inc., Inventia Life Science, Poietis, VIVAX BIO, LLC, CYFUSE BIOMEDICAL K.K., 3D Bioprinting Solutions, CELLINK, BICO - THE BIO CONVERGENCE COMPANY, CollPlant Biotechnologies Ltd., Aspect Biosystems Ltd., among others

What Is The Expected Future Outlook For The Overall Global 3d Bioprinting Market Across The Globe?

The Global 3D Bioprinting market was valued at USD ~billion in 2022 and is anticipated to reach USD ~5 billion by the end of 2028, witnessing a CAGR of ~% during the forecast period 2022-2028. 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 3D Bioprinting market is driven by rapidly utilizing 3D bioprinting goods and technology in process of finding and developing new drugs. 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 3D Bioprinting market is changing rapidly. For instance, In March 2022, BICO Company AB, introduced the BIO CELLX, a revolutionary technology that automates 3D cell cultivation processes by utilizing prevalidated procedures.

In May 2021, 3D Systems, a US-based company engaged in offering 3D bioprinting technology announced the acquisition of Allevi Inc. Through the acquisition, 3D Systems plans to utilize Allevi’s expertise to develop applications in the future for the development of human organs in the long term and become a market leader in bioprinting.

The Global 3D Bioprinting Market witnessed a positive impact due to COVID-19 owing to the growing demand for 3D bioprinters from the healthcare and pharmaceutical industries. 3D bioprinters are the most common component of 3D bioprinting. Majorly, the living cells are used as material in the 3D bioprinting technology for carrying out clinical trials. Though the market is competitive with ~100 participants, regional players control the dominant share in the market and country-niche players also hold a significant share.

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Key Topics Covered in the Report

• Snapshot of Global 3D Bioprinting Market
• Industry Value Chain and Ecosystem Analysis
• Market size and Segmentation of the Global 3D Bioprinting Market
• Historic Growth of Overall Global 3D Bioprinting Market and Segments
• Competition Scenario of the Market and Key Developments of Competitors
• Porter’s 5 Forces Analysis of Global 3D Bioprinting Industry
• Overview, Product Offerings, Strengths, & Weaknesses of Key Competitors
• Covid-19 Impact on the Overall Global 3D Bioprinting Market
• Future Market Forecast and Growth Rates of the Global 3D Bioprinting Market and Segments
• Analysis of Global 3D Bioprinting Market
• Major Production/Supply and Consumption/Demand Hubs within Each Region
• Major Country-wise Historic and Future Market Growth Rates of the Total Market and Segments
• Overview of Notable Emerging Competitor Companies within Each Region

Notable Key Players Mentioned in the Report

• Organovo Holdings, Inc.
• Inventia Life Science
• Poietis
• VIVAX BIO, LLC
• CYFUSE BIOMEDICAL K.K.
• 3D Bioprinting Solutions
• CELLINK
• BICO - THE BIO CONVERGENCE COMPANY
• CollPlant Biotechnologies Ltd.
• Aspect Biosystems Ltd.

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Notable Emerging Companies Mentioned in the Report

• Organovo
• Prellis Biologics
• Pandorum Technologies
• Regenovo Biotechnology

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

• 3D Bioprinting Manufacturers
• 3D Bioprinting Suppliers
• 3D Bioprinters Manufacturers
• Bioinks Manufacturers
• Living Cells Suppliers
• Hydrogels Suppliers
• Extracellular Matrices Suppliers
• 3D Bioprinting Distributors
• Emerging and Startup Companies in 3D Bioprinting
• Different Types of 3D Bioprinting Manufacturing Hubs
• Government Departments of Healthcare
• Government Departments of Pharmaceuticals
• Ministries and Departments of Bio-based Materials
• Importers and Distributors of 3D Bioprinting

Period Captured in the Report

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

For More Insights On Market Intelligence, Refer To The Link Below: –

Global 3D Bioprinting Market

Global Biophotonics Market is expected to reach a market size of ~US$ 100 billion by 2028: Ken Research

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What is the Size of Global Biophotonics Industry?

Global Biophotonics market is growing at a CAGR of ~% in 2017-2022 and is expected to reach ~USD 100 Bn by 2028. The Biophotonics Market is largely driven by surge of nanotechnology, combined with increasing demand for home-based Point-of-Care (POC) devices. Advances in optical technologies in the aerospace and telecommunications sectors, combined with the availability of private and government funds for R&D, are also expected to boost the market growth.

The complexity of biophotonics technology, combined with the high cost of biophotonics-based instruments, may stifle market growth. The ongoing COVID-19 pandemic has hampered biophotonics market growth by disrupting hospital care for non-COVID-19 patients in hospitals and other end-user facilities across countries.

Global Biophotonics Market By Technology

The Global Biophotonics market is segmented by Technology into In-Vivo and In-Vitro. The In-Vitro segment held the largest market share of the global biophotonics market in 2022. In-Vitro basically used studying cells in culture or methods of testing the antibiotic sensitivity of bacteria. Furthermore, in-vitro optical imaging is being conducted in a variety of medical applications, such as optical breast cancer imaging, functional brain imaging, endoscopy, exercise medicine, and monitoring the photodynamic therapy and progress of neoadjuvant chemotherapy.

Global Biophotonics Market By End-User

The Global Biophotonics market is segmented by End-User into Tests and Components, Medical Therapeutics, Medical Diagnostics and Non-Medical Application. The Medical Diagnostics segment held the largest market share of the global biophotonics market in 2022. Diagnostic biophotonics is used to detect diseases in their initial stages before actual medical symptoms occur in patients. Furthermore, they provide several advantages of sensing and imaging at the molecular level and also collect multidimensional data for evaluation.

Global Biophotonics Market BY Application

The Global Biophotonics market is segmented by Application into Surface Imaging, Inside Imaging, See-through Imaging, Microscopy, Bio Sensors, Analytical Sensing, Spectro molecular and Others. The Analytical Sensing segment held the largest market share of the global biophotonics market in 2022.

It is a two-part analytic device that consists of two major components: a (bio) chemical microzone (recognition element) that comes into contact with the sample and is closely associated (connected or integrated) with an optical, electric, thermal, mass, or acoustic transducer for converting the recognition pattern into a (usually electric or optical) primary signal that can be amplified and measured by a detector (instrument). Furthermore, they typically respond to the presence and/or concentration (activity) of an analyte species.

Global Biophotonics Market By Geography

The Global Biophotonics market is segmented by geography into North America, Europe, Asia- pacific and LAMEA. North America accounts for the largest share among all regions within the Global Biophotonics market. Rapid advancements in the development and adoption of digital health technologies (DHT) across North America, notably in the United States, are one of the major contributing factors to the growth of biophotonics.

Increasing regional government initiatives and strategies, favorable healthcare infrastructure, increased investment in R&D activities to develop the industry, and regulatory science activities across the healthcare industry are also propelling the biophotonics market growth in North America.

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Competition Scenario In Global Biophotonics Market

The Global Biophotonics market is highly competitive with ~200 players which include globally diversified players, regional players as well as a large number of country-niche players each with their niche in pharma and diagnostics solutions, and technologies, such as vitro analyses of DNA variation, RNA expression, metabolite quantification, vivo measurements of biological processes, and others, for end-user industries. The biophotonics market's growth is heavily reliant on technological advancement and R&D investment. Nowadays, numerous pharmaceutical companies are investing in R&D or drug research, and governments are also making significant investments in cancer research.

What Is the Expected Future Outlook for The Overall Global Biophotonics Market Across the Globe?

The Global Biophotonics market was valued at USD ~billion in 2022 and is anticipated to reach USD ~100 billion by the end of 2028, witnessing a CAGR of ~% during the forecast period 2022-2028. 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 Biophotonics market is driven by surge of nanotechnology, combined with increasing demand for home-based Point-of-Care (POC) devices. However, the market is also constantly being influenced by rapid development in technology, product innovation, and diversification in some countries.

The Global Biophotonics Market is forecasted to continue an rapid growth that is witnessed since 2019, during the forecast period also, primarily driven by the emergence of applied science, important technological advancements over a few years, and their adoption in the medical sector. Though the market is highly competitive with over ~200 participants, few country-niche players control the dominant share.

Market Taxonomy

By Technology

• In-Vivo
• In-Vitro

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By End User

• Tests and Components
• Medical Therapeutics
• Medical Diagnostics
• Non-Medical Application

By Application

• Surface Imaging
• Inside Imaging
• See-through Imaging
• Microscopy
• Bio Sensors
• Analytical Sensing
• Spectromolecular
• Others

By Region

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

Key Players

• Affymetrix Inc.
• Andor Technology
• BD (Becton, Dickinson and Company)
• Carl Zeiss AG
• Olympus Corporation
• Hamamatsu Photonics K.K
• Zecotek Photonic Inc.
• Idex Corporation
• IPG Photonics
• Oxford Instruments Plc

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Global Biophotonics Market

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Global Biofertilizers Market is expected to record a positive CAGR of ~14% during the forecast period (2022-2028): Ken Research

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What Is the Size of Global Biofertilizers Industry?

Global Biofertilizers market is growing at a CAGR of ~% in 2017-2022 and is expected to reach ~USD 5 Bn by 2028. The Biofertilizers Market is largely driven by rising demand for chemical-free food and increasing prices of chemical fertilizers. The demand for chemical-free food products is likely to increase, while the cost of synthetic fertilizers is predicted to rise over the forecasted years. Additionally, worries about the deteriorating soil quality brought on by excessive fertilizer use and their negative impacts on human health are anticipated to raise the market in the upcoming years.s

Additionally, growing consumer expenditure on organic foods and an improvement in soil texture and quality brought on by biofertilizers are expected to drive the market over the upcoming years. In comparison to conventional fertilizers, the cost of producing biological and organic fertilizers is significantly higher. Their manufacture requires machinery and equipment. Live, finite-shelf-life microorganisms are a component of biofertilizers. Low versatility and shelf life are hence additional factors that are anticipated to impede market expansion during the projection period.

Due to the socio-economic changes brought on by the COVID-19 pandemic, the worldwide market slowed down as a result of the epidemic. However, with the decline of Covid-19, the fertilizers market is expected to see a robust growth in the upcoming years.

Global Biofertilizers Market By Type

The Global Biofertilizers market is segmented by Type into Phosphate Solubilizers, Nitrogen Fixing and Others. The nitrogen-fixing segment held the largest market share in the global biofertilizers market in 2022. High-demand crops including wheat, rice, oilseeds, and others have been produced using biological fertilizers that solubilize phosphate and fix nitrogen. Nitrogen-containing biological fertilizers can balance out the soil's nitrogen content, which helps the crop thrive. The three main types of nitrogen bio-fertilizers are free-living, symbiotic, and associative symbiotic.

Global Biofertilizers Market by Microorganisms

The Global Biofertilizers market is segmented by Microorganisms into Azotobacter, Rhizobium, Cyanobacteria, VAM, Azospirillum and Others. The rhizobium microorganisms segment held the largest share of the global biofertilizers market in 2022.

Rhizobium is the most common type of microbe utilized in agriculture due to its critical role in serving as the primary source of nitrogen in the soil. In addition to being a superior nitrogen-fixing organism, rhizobium fosters plant growth and aids in the solubilization of inorganic phosphate. Its use is also expanding, mostly as a result of its capacity to boost agricultural output while reducing the need for expensive, environmentally damaging synthetic fertilizers.

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Global Biofertilizers Market by Application

The Global Biofertilizers market is segmented by Application into Soil Treatment, Seed Treatment and Others. The seed treatment application segment held the largest share of the global biofertilizers market in 2022.

Due to the widespread use of seed treatment applications for providing biofertilizers, it maintained the largest market share. To prevent viral or bacterial infections, crop and plant seeds are treated with biofertilizers, considerably lowering agricultural production.

Additionally, the biological fertilizers used on the seeds encourage atmospheric nitrogen fixation and make it easy for the crop to access the nutrients. Additionally, seed treatment increases the availability of phosphorus by solubilizing it in the soil.

Market Taxonomy

By Type

• Phosphate Solubilizers
• Nitrogen Fixing
• Others

By Microorganisms

• Azotobacter
• Rhizobium
• Cyanobacteria
• VAM
• Azospirillum
• Others

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By Application

• Soil Treatment
• Seed Treatment
• Others

By Geography

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

Key Players

• Novozymes A/S
• Madras Fertilizers Limited
• Rizobacter Argentina S.A.
• Camson Bio Technologies Limited
• Lallemand, Inc
• National Fertilizers Limited
• Gujarat State Fertilizers & Chemicals Ltd.
• Stanes& Company Limited
• Rashtriya Chemicals & Fertilizers Ltd.
• Nutramax Laboratories, Inc.

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

Global Biofertilizers Market

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Global Industrial Refrigeration market is growing at a CAGR of ~% in 2017-2022 and is expected to reach ~USD 30 Bn by 2028 – Ken Research

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What Is The Size Of Global Industrial Refrigeration Industry?

The Industrial Refrigeration Market is largely driven by increased use of natural refrigerant-based refrigeration as a result of stringent rules and regulations and the rising need for refrigerant for mass-produced cooling, frizzing, and chilling of food.

According to National Renewable Energy Laboratory (NREL), if a natural refrigerant system costs US$ $10,000 which is more than the baseline system, and the natural refrigerant system is expected to cost $2000 less per year to operate then it will pay back in 5 years.

Furthermore, a rise in the number of refrigerated warehouses with increased capacity propels the market growth.

It is majorly due to the constantly expanding population and rising demand for frozen and processed foods. According to American Frozen Food Institute, online frozen food dollar sales climbed 75% in 2020, with frozen dinners/entrees, beef, poultry, and seafood being the top online sellers.

During the ongoing COVID-19 pandemic, pharmaceutical, and the food and beverage sectors were operating at full capacity, raising the demand for industrial refrigerators and cold storage systems to store food products and vaccines. According to Pfizer, the COVID-19 vaccine should be kept in the refrigerator between 2 and 8 degrees Celsius for up to one month.

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Global Industrial Refrigeration Market By Component

The Global Industrial Refrigeration market is segmented by Component into Compressors, Condensers, Evaporators, Controls and Others.

The compressor segment held the largest market share of the global industrial refrigeration market in 2022, owing to high-pressure ranges of up to 30,000 PSI, energy efficiency, and the availability of oil-free and oil-flooded varieties.

Compressors play an important role by increasing refrigerant vapor pressure in a condenser which helps in maintaining temperature for storage of products and other preservatives.

In January 2020, Emerson Electric Co., an American manufacturing company launched a new product line of compressors, for industrial and commercial refrigeration.

Global Industrial Refrigeration Market By Refrigeration Type

The Global Industrial Refrigeration market is segmented by Refrigeration type into Ammonia. Carbon Dioxide, Hydrofluorocarbon and Others.

The ammonia segment held the largest market share of the global industrial refrigeration market by refrigerant type in 2022, due to the increase in the use of natural refrigeration which is less harmful to the environment.

The high critical temperature of ammonia (NH3) enables low-pressure production. Ammonia is widely utilized in industrial refrigeration owing to its cost-effectiveness and favorable thermodynamics. Both Ozone Layer Depletion Potential (ODP) and Global Warming Potential (GWP) of ammonia are zero. A refrigeration system driven by ammonia is 10%–20% less expensive than a typical refrigeration system.

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Global Industrial Refrigeration Market By Capacity

The Global Industrial Refrigeration market is segmented by Capacity into Less than 100kW, 100-500 kW, 500 kW -1,000 kW, 1,000 kW -5,000 kW and Above 5,000 kW.

The 500 kW-1,000 kW capacity segment held the highest market share in 2022, due to its extensive usage in the food and beverage industry for storing and preservation of products.

500 kW-1,000 kW capacity provides the cooling capacity which is important for industries such as food and beverage as it is used for storing and processing food. This capacity is also required for dairy products for increasing the shelf life and minimize the wastage of products.

Global Industrial Refrigeration Market By End-User

The Global Industrial Refrigeration market is segmented by End-User into Refrigerated Warehouse, Food & Beverage, Chemical & Petrochemical, Refrigerated Transportation, Pharmaceutical, Utility and Others.

The food & beverage segment accounted for the largest market share in 2022, owing to the rising popularity of frozen food.

The rise in the demand for packed and frozen food is one of the major factors for the growth of the food & beverage segment.

In March 2022, according to indiareailing, India's leading Retail Intelligence portal packed frozen food has been growing at a healthy rate of 20% which has attracted various companies such as ITC and Indian companies to start manufacturing packed and frozen foods.

Key Topics Covered in the Report

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

Notable Key Players Mentioned in the Report

• Emerson Electric Co.
• Baltimore Aircoil Company
• Bitzer
• Daikin Industries Ltd.
• Danfoss
• GEA Group AG
• Güntner GmbH & Co. KG
• Ingersoll Rand
• Johnson Controls
• Lennox International Inc.
• LU-VE Group
• Mayekawa

Notable Emerging Companies Mentioned in the Report

• Dynamic Air Cooling Technology
• Barocal Ltd
• CACHE DNA
• Ubiblue
• V-Chiller

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

• Industrial Refrigeration Companies
• Component Manufacturing Companies for Refrigeration Equipment
• Industrial Refrigerator Distributors
• Industrial Refrigeration Association
• Government And Research Organizations
• Investment Banks and PE Firms focused on Industrial Refrigeration Sector
• Refrigeration Compressor Manufacturers
• Providers of Industrial Refrigerant
• Government Ministries and Departments of Heavy Industries
• Environment Regulatory Authorities
• Industrial Equipment Regulatory Authorities

Period Captured in the Report

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

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

Industrial Refrigeration Market

The US Data Center Market is poised to reach a value of $28 Bn by 2027 owing to inclusion of green energy alongside an integration of innovative technology like Emergence of 5G Networks. Is Technology the way forward? Ken Research

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1. “Government induced new entrants:” The US Government has already shown a keen interest in the Data center market but the market will witness more policies, new entries & growth.

The U.S. government will promote data center investments through various initiatives, such as increasing the availability of land for development, reducing electricity tariffs, and enabling the procurement of renewable energy. Thus, such initiatives will drive the growth of the U.S. data center construction market during the forecast period. Moreover, The U.S. data center market will likely witness new players' entry. In 2022, some new entrants included AUBix, Edge Centers, Corscale Data Centers, Yondr, Quantum Loophole, and others. However, these new players will face competition from local and established global players.

Government Initiatives in US Data Center Market

2. “Green initiatives alongside innovative technology:” The US Data Centre market is poised to witness an innovative influx alongside green energy initiatives.

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Digitalization across businesses will contribute to a surge in data center investments by colocation, cloud, Internet, and telecommunication providers. Telecom companies such as AT&T, T-Mobile, CenturyLink, and Qualcomm are responsible for deploying and introducing 5G services in the U.S. The trend of procuring renewable energy to power the facilities will likely continue during the forecast period. Several operators are signing power purchase agreements with renewable energy companies.

Time Period Captured in the Report:

• Historical Period:2017- 2022
• Base Year: 2022
• Forecast Period: 2022-2027

Key Target Audience:

• Hospital
• ASC
• Consulting service Providers
• Government
• IT Service providers

Companies Covered:

• Amazon Web Services
• Google Clouds
• Cyrus One
• NTT
• IBM
• Verizon
• Flexential
• Switch
• Microsoft Corporation

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

US Data Center Market

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Thailand Data Center & Cloud Services Market Outlook 2027

KSA Data Center & Cloud Services Market Outlook 2026

Indonesia automotive aftermarket is anticipated to Record a CAGR of 4% approx. by 2026- Multi Brand workshops will help the market achieve its targeted growth

 The Indonesian market is anticipated to witness the expansion of multi brand  car service centers in Tier I cities to give a tough competition to the authorized workshops in 2020, as per a report by Ken Research

1. Companies expanding presence in digital to cope up with covid losses- Trends in Indonesia automotive aftermarket Industry

                 

Car Servicing Alternatives in Indonesia

E-Commerce has become the new normal in Indonesia due to COVID-19. The automotive aftermarket service and spare parts companies are expanding their presence in the digital retail as the market looks far from recovery with the current rate of rising cases in the country. The companies are taking online booking so as to reduce avoid rush at the workshops. Few companies has started sending mechanics for home service for the customers.

Indonesia’s developing used car market is gradually becoming more structured due to the greater availability of flexible financing terms, standardized and authorized dealership channels and better transparency of information.

2. Multi Brand workshops dominated the Aftermarket Service Industry in Indonesia.

                  

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• 10-20% lower service cost as compared with that in authorized centres.
• Advantage of bundling small services together without charging extra for the same.
• High level of customization and personal service. Owners can request a particular mechanic to work on car and supervise the operation.
• Buyers opting to utilize low price point of garages for post-warranty cars.

3. There is high competitive rivalry in indonesia’s aftermarket service industry according to porters 5 force analysis

                        

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Players have wide presence across the country. Competitive pricing is present in market. The demand for high expertise mechanics is growing. Authorized service centers face high competition from multi-brand centers owing to shorter warranty period of cars. Authorized service centers pose stiff competition to multi-brands in terms of service quality, OEM-quality spares and expertise over vehicle brand.

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

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What Is The Size Of Global Eyewear Industry?

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

The Eyewear Market is largely driven by increasing adoption of luxurious accessories among millennials, surge in visual impairment among children, and increasing geriatric population.

It is predicted that the rise in the geriatric population would accelerate the expansion of the eyewear market over the forecast period. Risks of eye issues and diseases are increasing among the elderly population as individuals live longer which is evident in both developed and developing countries. Like, myopia and hypermetropia in older adults are expected to rise, which will propel market expansion. In low and low-middle-income countries, demand for eyeglasses is an underfunded zone as a smaller number of individuals are aware of their poor vision and seek treatment. In actuality, despite a firmly established supply in a region, the demand for glasses is still low since there is less knowledge of vision problems, the therapies that are accessible, and the level of acceptability of the eyeglasses on the market.

The COVID-19 pandemic's emergence has also had a favorable effect on the market. People spent more time on cell phones, laptops, and desktop computers as a result of the adoption of remote working models and online learning because of the lockdown constraints. Longer screen time encouraged consumers to purchase anti-fatigue and vision correction eyewear, which helped the Eyewear Market boost sales of anti-fatigue and blue light-canceling lenses.

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Global Eyewear Market By Product

The Global Eyewear market is segmented by Product into Spectacles, Sunglasses and Contact Lenses.

The spectacles product segment held the largest market share in the Global Eyewear Market in 2022.

The expansion of the spectacles segment can be attributed to higher consumer demand for the products brought on by the rising incidence of computer vision syndrome (CVS). This is mostly because more people use mobile phones and digital devices worldwide.

The use of anti-glare and anti-fatigue glasses has been prompted by the rise in cases of CVS among youngsters due to the growing trend of online learning, particularly during the pandemic. Additionally, the demand for spectacles has increased as clear and colorful translucent glasses gain in popularity.

Global Eyewear Market By End-User

The Global Eyewear market is segmented by End-user into Men, Women and Children. The women end user segment held the largest share of the Global Eyewear Market in 2022.

According to the Vision Council of America, 64% of women worldwide who are adults wear vision correction items, from about 75% of the adult population.

There has been an increase in the proportion of people who wear glasses occasionally or always. According to the college of optometrists, more women than men wear glasses (72% versus 66%) and contact lenses (16% versus 11%), and they also place higher importance on eye exams, with 59% of women rating them as "very important," compared to 45% of men.

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Global Eyewear Market By Distribution Channel

The Global Eyewear market is segmented by Distribution Channel into Retail Store, Online Store and Ophthalmic Clinics. The online store distribution channel segment held the largest share of the Global Eyewear Market in 2022.

As a result of people being obliged to practice social seclusion during the pandemic, online services experienced tremendous growth. The increased use of smart devices, the generous discounts provided by online marketplaces, and the ability to compare features and pricing are all contributing to the e-commerce market's expansion. Additionally, e-commerce websites enable users to write product reviews, which enhances the user experience and aids businesses in understanding consumer preferences, which in turn encourages sector growth.

Key Topics Covered in the Report

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

Major Players Mentioned in the report

• Johnson & Johnson Vision Care, Inc.
• EssilorLuxottica
• Bausch & Lomb Inc.
• CooperVision
• Carl Zeiss AG.
• CIBA VISION
• Safilo Group S.p.A.
• De Rigo Vision S.p.A
• Fielmann AG
• Marcolin SpA.
• HOYA Corporation.

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Notable Emerging Companies Mentioned in the Report

• Allure Eyewear L.L.C.
• Eyeking, LLC
• Optical Express Ltd.
• Norville Optical
• Pearle Vision
• Mister Spex

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

• Spectacles Manufacturers
• Lenses Manufacturers
• Sunglasses Manufacturers
• Spectacles Frame Manufacturers
• Spectacles Frame Designers
• Sunglasses Frame Designers
• Health and Medical Authorities
• Environmental Protection Authorities
• Investors interested in Healthcare Industry
• Eyewear Exporters
• Optical Engineering Companies
• Lens Designer Companies
• Eyewear Brands Distributors
• Eyecare Research Institutes
• Government Ministries and Departments of Healthcare

Time Period Captured in the Report

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

For More Insights On Market Intelligence, Refer To The Link Below: –

Global Eyewear market