Friday, May 26, 2023

Global Door Entry System Market is expected to reach ~USD 14 Bn by 2028F: Ken Research

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Competition Scenario In Global Door Entry System Market

The Global Door Entry Systems Market is highly competitive with ~300 players which include globally diversified players, regional players as well as a large number of country-niche players.

Approximately, the large global players constitute 5%, the regional players 35%, and country-niche players 60% of the market by type of companies operating in the market. Some of the major players in the market include ABB, Schneider Electric, Johnson Controls, Honeywell International Inc., Siemens, Bosch Sicherheitssysteme GmbH, IDEMIA, Legrand, Dormakaba Group, ADT, SALTO Systems, S. L. among others.

Global Door Entry Systems Market Outlook

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What Is The Expected Future Outlook For The Overall Global Door Entry System Market Across The Globe?

The Global Door Entry System market was valued at USD ~billion in 2022 and is anticipated to reach USD ~14 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 Door Entry System market is driven by the increasing demand for smart homes and having safer and more secure business & commercial premises. 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 Door Entry System market is changing rapidly. For instance, In July 2022, Dormakaba Group announced its partnership with Schüco, a company dealing in smart buildings, doors, and windows. The combined entity wanted to work towards developing a door-integrated access management system and access control & digitization projects.

In January 2022, Johnson Controls launched Istar Ultra G2 which is its next-generation door controller system that is targeted towards commercial establishments such as manufacturing facilities, data centers, healthcare facilities, educational institutions, etc. due to its ability to provide higher cyber resiliency and faster processing power.

In December 2021, IDEMIA deployed its first facial recognition, VisionPass, for access control for a large Japanese company in partnership with two technology companies SHODEN and Genetec. The integrated split-second contactless access control solution will be deployed at the entrance of the building of the client company.

The Global Door Entry Systems Market is forecasted to continue a stable growth that is witnessed during the forecast period. Key trends driving market expansion include the increasing demand for smart homes and having safer and more secure business & commercial premises. The market is highly competitive with ~300 participants concentrating on expansion strategies through product innovations as well as acquisitions, partnerships, and mergers.

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Key Topics Covered in the Report

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

Major Players Mentioned in the report

  • ABB
  • Schneider Electric
  • Johnson Controls
  • Honeywell International Inc.
  • Siemens
  • Bosch Sicherheitssysteme GmbH
  • IDEMIA
  • Legrand
  • Dormakaba Group
  • ADT
  • SALTO Systems, S.L.

Notable Emerging Companies Mentioned in the Report

  • CAME
  • CIVINTEC
  • The Akuvox Company
  • Commend International GmbH
  • Xenon Smart Teknoloji

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

  • Door Entry Systems Solutions and Service Providers
  • Door Entry Systems Developers
  • Suppliers of Door Entry Systems
  • Door Entry Systems Raw Materials and Components Suppliers
  • Software and Application Developers for Door Entry Systems Industry
  • Third-party Service and Maintenance Providers
  • Investors and Venture Capitalists in the Door Entry Systems Industry
  • Market Research & Consulting Firms
  • Start-ups & Incumbents in Door Entry Systems Industry
  • PE and VC Firms in Door Entry Systems
  • Government & Regulatory Authorities
  • Building Security Technology Companies
  • Home and Office Security Technology Companies
  • Video/Audio System Makers of the Door Entry Systems Industry

Time Period Captured in the Report

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

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Global Door Entry System Market

Thursday, May 25, 2023

Which key factors in Thailand Ophthalmology Market can help it to cross a revenue of more than THB 10 Th by 2025? : Ken Research

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Eye Consultations and Eye Surgeries are expected to grow at a CAGR of about 4% and 3% respectively by 2025, as per a report by Ken Research

1. Key Eye Ailment Trends in Thailand- gauging the depth of diseases.

Challenges Faced by Ophthalmology Industry in Other Countries

Cataract is more common in rural regions and remote districts, with a prevalence rate of 70-80% who require treatment vs a 20-30% rate in cities and towns; difficulty of getting proper treatment in rural areas, hesitancy to travel & a fear of treatment account for the same.

Lens disorder was the major cause of admission amongst working-age people, followed by conjunctivitis, keratitis, retinal detachment /breaks and glaucoma.

2. Government Initiatives to Promote Superior Eye-Care in Thailand- Democratizing Eye Care & Mitigating Cataract, at the centre of the Thai Government’s Mind-set

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  • The country offers a Cataract Surgery coverage through its Universal Health Coverage Scheme, to the tune of 96%.
  • The NHSO (National Health Security Office) sanctioned 120,00 state-sponsored operations for Cataract in the year 2019.
  • Thailand has included eye care in its Universal Coverage Scheme (primary social health insurance program in the country), which covers ~75% of the country’s population.
  • Preventive program providing training courses on ophthalmology for physicians at state hospitals & health centers, launched by NHSO in 2019; training jointly hosted by NHSO & Royal College of Ophthalmologists, Thailand.

3. Multi-Specialty Hospital is dominating the Eye Care Treatment in Thailand.

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  • Medical tourism popularity of Thailand, surgery-specialized ophthalmologists in hospitals, brand goodwill & specialized equipment of hospitals help Multi-Specialty Hospitals lead ophthalmic surgeries in Thailand.
  • Single-Specialty Hospitals is contributing around 25% to consultation revenues in Thailand in 2020, while Multi-Specialty Hospitals lead and make up the rest 75% .
  • Higher no. of clinics, higher average consultation price, better trustability and qualifications of ophthalmologists all contributing to higher share of Multi-Specialty hospitals in Consultation revenues.

4 tailwinds that will make Indonesia Agritech Market a USD 900 Mn market by 2026. Will Indonesia be able to achieve that mark? Ken Research

 Indonesia's Gross Domestic Product of Agriculture, Forestry, and Fishery was USD 158 billion in 2021. Moreover, the Agritech Market in Indonesia is expected to grow due to the increasing adoption of digital farming tools and government initiatives that make lending easier. The market is expected to exhibit an upward trend in terms of value over the forecast period FY'22-FY'26, outperforming previous years, with the market consistently expanding. AgriTechs will reshape value chain relationships and create entirely new ecosystems.

Indonesia Agritech Market

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1. Agriculture, being the pillar of Indonesian economy accounted for around 13.28% of country’s Gross Domestic Product (GDP)

Indonesia Agritech Market

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The Gross Domestic Product of Agriculture, Forestry, and Fishery in Indonesia stood at USD 158 Billion in the year 2021 growing at a CAGR of 5.8% during 2016 to 2021. GDP of Agriculture, Forestry, and Fishery can further be divided into five broader components namely plantation crops, food crops, fishery, livestock, and horticulture. The plantation crops like palm oil, rubber, coconut dominate the agricultural landscape attracting interest from large agribusinesses in the global supply chain constituting 26.4% of the agricultural GDP. More than 40% of the Agricultural GDP is contributed by Food Crops like rice, wheat, soybean and Fishery sector.     

2. Almost 50 AgriTech Startups are spread across the 13 cities of Indonesia

Indonesia Agritech Market

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These 50 startups are spread across 13 cities of Indonesia providing great opportunities for the Agritech sector to emerge. Emerging unicorn iGrow in the Agritech market of Indonesia is established in Yogyakarta city. Another unicorn TaniHub is established in Jakarta which is a hub for 18 startups already. Currently, it operates from five regional offices and distribution hubs located in Jakarta, Bogor and Bandung in West Java, and Yogyakarta and Surabaya in East Java. These startups are contributing towards the agritech market by their innovations and new product range.

3. Indonesia’s growing agritech startups have attracted millions of dollars in investment.

Indonesia Agritech Market

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35% of the startups are funded by foreign investors and 30% are funded by domestic investors. Examples of startups which are domestically funded are Eragano, Magalarva, Pasarnow, etc. All the 17 startups are funded by Private Equity Venture Capitalist and none is funded by Angel Investors. Examples are Kandang, Kedai Sayur, eFishery, etc. Furthermore, TaniGroup, has closed USD 10 million Series A funding, led by Singapore-headquartered venture capital firm, Openspace Ventures, with participation from investment firms.

4. Rising Adoption of Data Analytics, Artificial Intelligence & Geo-Tagging Among Agritech Players is the future of Agritech Space in Indonesia.    

Implementation of data science algorithms & analytics using artificial intelligence & machine learning is going to amplify greatly. Additionally, startups would be able to predict demand & supply, route planning using data in case of supply chain & output access. Moreover, Geospatial Tech & Geo-Tagging technology will enable startups to leverage geospatial & remote sensing data to create better & scalable agri solutions, without any unnecessary details. Also, there will be a widespread adoption of drones for pesticide spraying etc, especially among medium & large farmers with rising affordability. Furthermore, autonomous & semi-autonomous farm robots will be used by cooperatives & large farmers for labor-intensive activities like weeding, spraying, and harvesting that have high human error rates.

Global Missiles and Missile Defense Systems Market is expected to reach a market size of ~US$ 40 billion by 2028: Ken Research

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What is the Size of Missile and Missile Defence Systems Industry?

Global Missiles and Missile Defense Systems market is growing at a CAGR of ~% in 2017-2022 and is expected to reach ~USD Bn by 2028F. The Missiles and Missile Defense Systems Market is largely driven by government spending on missiles and missile defense systems across national land and water borders is being driven by rising military budgets in response to rising geopolitical tensions among various countries and fears about terrorism.

Governments are boosting their military spending as a result of escalating geopolitical tensions and worries about terrorism, which is leading to significant investments in missile defense systems (and accompanying missiles) across its land and water borders. Government agencies and the private sector are collaborating to develop hypersonic missiles and missile defense systems that are technologically cutting edge. The application of artificial intelligence to missile systems is anticipated to hasten the market's future growth.

Furthermore, the rising expenses of creating missile defense systems and worldwide ambitions to transport such systems and weapons across other nations are the two most important variables that could restrain the market's expansion. Due to the COVID-19 pandemic and the implementation of lockdown by governments were unable to sort operations while working remotely as the area requires the on-site presence of an expert workforce.

Global Missile and Missile Defence Systems market by Range

The Global Missiles and Missile Defense Systems market is segmented by Cable Range into Short (Up to 1,000 kms), Medium (Between 1,000 kms and 3,000 kms), Intermediate (Between 3,000 kms and 5,500 kms) and Intercontinental (More than 5,500 kms).

The Short (Up to 1,000 kms) segment dominated the market in 2022. It is employed in regional conflicts in the past and in the future because of the close proximity of some nations, as well as its affordability and simplicity of configuration. The need for short-range missiles to protect against close, short-range threats from adversary attacks has been fueled by military conflicts involving numerous nations.

Global Missile and Missile Defence Systems market by Missile Type

The Global Missiles and Missile Defense Systems Market is segmented by Missile type into Anti-aircraft Missiles, Anti-ship Missiles and Anti-tank Missiles. The Anti-aircraft Missiles segment is expected to be the fastest growing market during the forecast period owing to the adoption of the anti-aircraft missile by various countries worldwide.

Anti-aircraft missiles are guided weapons intended to harm or kill airplanes and include surface-to-air missiles, air-to-air missiles, and subsurface-to-air missiles. In June 2022, Germany promised to provide Ukraine with cutting-edge anti-aircraft systems.

Global Missile and Missile Defence Systems Market by Missile Defence System

The Global Missiles and Missile Defense Systems market is segmented by Missile Defence System into Surface-To-Surface Missiles, Surface-To-Air Missile, Air-To-Surface Missiles, Air-To-Air Missiles, Anti-Ship Missiles and Anti-Tank Missiles. The Surface-To-Surface Missiles segment accounted for the highest market share in 2022 in the global missile and missile defense system market. The growth is primarily due to Surface-to-air missiles (SAMs) of any type can be launched from the ground using missile launchers to combat incoming enemy missiles.

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Global Missile and Missile Defence Systems Market By Geography

The Global Missiles and Missile Defense Systems market is segmented by geography into North America, Europe, Asia- pacific and LAMEA. North America accounted for the largest market share among all regions in 2022 owing to the rise in investments for defense and military systems in USA.

According to the U.S. Missile Defense Agency (MDA), in November 2020 a Standard Missile 3 (SM-3) Block IIA interceptor successfully destroyed an intercontinental-range ballistic missile (ICBM) target in a test for the first time. The SM-3 Block IIA is now the second American interceptor type to demonstrate this capability, a significant accomplishment. The effects for future weapons control and geopolitical stability are grave.

Competition Scenario in Global Missile and Missile Defence Systems Market

The Global Missiles and Missile Defense Systems Market are fragmented with ~260 players which include globally diversified players, regional players as well as a large number of country-niche players each with their niche in Missiles and Missile Defense Systems. Large global players represent the largest number ~50% of competitors, while country niche players constitute ~20% of competitors. Enhancing defenses against drones is a priority for the industry players related to the field. Government agencies and business entities are working together to develop technologically advanced missiles and missile defense systems, such as hypersonic missiles. Some of the major players in the market include MBDA Inc., BAE Systems., Boeing, General Electric, Lockheed Martin Corporation., Northrop Grumman, Kongsberg, Bharat Dynamics Limited, L3Harris Technologies, Inc., Israel Aerospace Industries Ltd, and others.

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What is the Expected Future Outlook for the Overall Global Missile and Missile Defence Systems market Across the globe?

The Global Missiles and Missile Defense Systems 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 Missiles and Missile Defense Systems market is driven by government spending on missiles and missile defense systems across national land and water borders is being driven by rising military budgets in response to rising geopolitical tensions among various countries and fears about terrorism. However, the market is also constantly being influenced by rapid development in technology, product innovation, and diversification in some countries.

With the increasing Governments Support, the Global Missiles and Missile Defense Systems market is growing steadily. For instance, In July 2022, L3Harris Technologies has been awarded a contract to build the Tranche 1 Tracking Layer satellite programme for the Space Development Agency (SDA), which will serve as "eyes in the sky" detecting, identifying, and tracking advanced missile threats. The contract could be worth US$700 million in total.

Furthermore, In March 2019, the United States Army awarded a US$713 million contract to Northrop Grumman Corporation for the production of an Integrated Air and Missile Defense (IAMD) Battle Command System (IBCS) for the first phase of Poland's WISA air and defense program.

The Global Missiles and Missile Defense Systems Market is anticipated to grow significantly during the projected period (2022-2028) owing to the geopolitical tensions between various nations and fears about terrorism rise, countries' military budgets are increasing, which is driving government expenditures in missiles and missile defense across the land and water borders. During the forecast period, it is anticipated to primarily drive market growth. The creation of technologically sophisticated missiles and missile defense systems, such as hypersonic missiles, is currently a joint effort by government agencies and businesses. Future market growth is expected to be accelerated by the incorporation of artificial intelligence into missile systems. Though the market is competitive with ~260 participants, global players control the dominant share and regional players also hold a significant share.

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Global Missiles and Missile Defense Systems Market

The Global Dental Services Market Is Anticipated To Reach USD ~Billion By The End Of 2027 – Ken Research

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Global dental services market is segmented by North America, Europe, Asia Pacific and LAMEA.

Based on the region, the North America dominated the global dental services market in 2020, in terms of revenue and is estimated to sustain its dominance during the forecast period. North America was followed by Asia Pacific and Europe. The increased awareness regarding oral problems, high disposable income, increased cases of dental caries, and faster adoption of new technologies has significantly fostered the growth of the dental services market in North America. Moreover, developed healthcare infrastructure and the presence of numerous market players and dental support organizations have exponential contributions in the market growth.

Free photo woman patient at dentist

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Global Dental Services Market By Revenue Division

The Global dental services market is segmented by Domestic and International tourist.

Dental tourism has been growing significantly since last decades. Countrymen move to well-developed infrastructure having country in dental market. Though Domestic segments dominates the dental market, tourism also leading to contribute positively.

Competition Scenario in Global dental services Market

Global Dental Services Market is at a growing stage, being driven by growing awareness about dentistry among people, the rising prevalence of dental caries & other periodontal diseases, technological developments in dentistry. The Global Dental Services Industry in is fragmented with key players such as National Health Service, Integrated Dental Holdings, and Aspen Dental Management Inc.

What is the Expected Future Outlook for the Overall Dental services Market Across the globe?

The Global Dental Services Market was valued at USD ~billion in 2022 and is anticipated to reach USD ~billion by the end of 2027, witnessing a CAGR of ~% during the forecast period 2022-2027. 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 Dental Services Market is driven by grow owing to growing awareness about dentistry among people, the rising prevalence of dental caries & other periodontal diseases, and technological developments in dentistry. However, the market is also constantly being influenced by rapid development in technology, product innovation, and diversification in some countries.

Global Dental Services Market is expected to extend significant development during the upcoming years attributable to the rising disposable income. The Global dental services market is expanding as a result of the increasing urbanization and rising standard of living. Additionally, Global share of the Dental services Market will increase as a result rising dental awareness and dental tourism.

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

  • Dental Service Providers
  • Dental Equipment Distributors
  • Dental Equipment Manufacturers
  • Dental Clinics
  • Hospitals
  • Healthcare Companies
  • Pharmaceutical Companies
  • Tourism Agencies
  • Government Bodies & Regulating Authorities
  • Existing dental service providers
  • New Market Entrants
  • Investors
  • Dental care Associations

Time Period Captured in the Report

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

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Global Dental Services Market

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The Myanmar Agriculture Machinery Market is eying to become an MMK 200 bn market by 2026. Will Myanmar be able to achieve that mark? Ken Research

 Due to COVID-19 Outbreak, OEMs were unable to deliver new orders. Due to this, dealers faced low availability of machines, spares, and attachments. Major Product Categories witnessed a decline in sales between 4-12% on the basis of volume and value. The government’s increased focus on agriculture mechanization in the country is expected to increase the demand for agricultural machinery in the country, registering a CAGR of 8.8% during the forecast period. Modernization would drive growth, as farmers are expected to increase the adoption of combined harvesters and tractors, thereby making their operations more efficient and reducing dependency on labor.

Myanmar Agritech Market

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1. Enhancing Access to Finance was Top Priority of Government for Tackling the Economic Slowdown in Myanmar

Myanmar Agritech Market

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Request a Free Sample to learn more about the report: Click here Due to the Covid 19 Pandemic complete supply chain was disturbed from component supply to container availability for shipments. There were no containers on Inland Container Depots (ICDs). Myanmar Market being completely import driven faced high difficulties in providing orders for demand. The commercial backing by providing low interest loans to farmers, cutting down interest rates shows good intent from government. Moreover, structural reforms and government tenders will help the market demand in returning to normalcy. General Demand will also pick up slowly. Furthermore, Ministry of Finance and Planning increased the loan on paddy production to MMK 100,000 to MMK 150,000 per Acre.

 2.  The Agriculture Machinery Market in Myanmar is Completely Import Driven.

Myanmar Agritech Market

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The agriculture equipment market in Myanmar is currently exclusively import dependent. The Ministry of Commerce, effective from November 2017, granted the permission for joint ventures (JVs) between foreign and domestic companies to import and sell agricultural machinery. All OEMs such as Kubota, Sonalika, John Deere, New Holland and others are importing products in country. Moreover, the market has strong competition from Chinese brands importing in country in unorganized manner. Total 30-40 players are present in the market.

3. Combine Harvesters were Introduced in Myanmar in 2012, so there is still a Big Untapped Market.

Myanmar Agritech Market

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Farmers are able to minimize post-harvest loss and reduce the grain damage by using Combine Harvester. Further, it will help in saving costs of purchasing small machineries such as Threshers and Reapers. Using machineries farmers are able to harvest 10 acres in one day on an average. Thus, they are able to reduce the time and prepare for planting next crop in advance. Currently, Price is the biggest barrier for a farmer purchasing CH. Therefore, many farmers are renting them. Customers are purchasing Chinese and Thai Brands as they are low priced. Improvement in farm land holdings, systematic farm roads will help in increasing the access of CH in farms. In Future, more brands are expected to enter the market. John Deere also planned to launch their Combine Harvester by 2022 end. The demand will increase for Corn Combine Harvesters.

4. Government Initiatives, Growth In Machinery Supply, etc. has developed the market for agriculture equipment’s.       

Govt through its various policies and initiatives such as Myanmar Sustainable Development Plan (MSDP, Feb 2018), Agriculture Development and Strategy Plan (August, 2018), Roadmap for Myanmar’s Seed Sector (2017-20), has been strengthening the agriculture sector and penetration of mechanization. Number and location of machinery supply business increased drastically in Myanmar, which led to increase in variety of machines supplied. The machines became more affordable due to this. Furthermore, Systematic Farm Land reforms such as Rectangular Plot Shape, Boundary Ratio (1:3), Equal Plot Size, Irrigation and Drainage Facilities and other key changes are undertaken. This will help in more effective usage of farm machinery, lead to better crop production, mitigate the value chain and other benefits.

 

Global Disposable Gloves Market is expected to reach ~USD 15 Bn by 2028F: Ken Research

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Global Disposable Gloves Market by Geography

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

North America accounts for the largest share of the Global Disposable Gloves market. The Asia Pacific region is expected to be the fastest-growing in the forecasted period.

The Asia Pacific region is expected to be the fastest-growing region among others. The surge is expected to be driven by the presence of large glove manufacturing players in the region and developing economies. In the rubber gloves segment, Malaysia holds the major chunk of the market with 51% of the global share.

Opportunities in the North American market are driven by the awareness among people regarding infectious viruses, and diverse precautionary measures adopted by national governments. In 2020, the United States ranked as the top net importer with US$455 million worth of rubber surgical gloves.

As per the World Integrated Trade Solutions (WITS) data, Europe imported nearly 142 million KGs of gloves in 2019. As per EU stats, general government spending in the EU on health amounted to US$1,069 billion, 8% of Europe’s GDP in 2020.

Latin America Middle East and Africa markets are expected to grow gradually and consolidate in the near future.

Global Disposable Gloves Market Analysis

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Competition Scenario In Global Disposable Gloves Market

The Global Disposable Gloves 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 own niche in disposable gloves, delivering to healthcare and non-medical industries. Most of the country-niche players are dealing in the manufacturing of gloves as a single segment.

Large global players control about 40% of the market, while regional players hold the second largest share. Some of the major players in the market include Ansell Ltd, Hartalega, Top Glove Bhd, Rubberex, Kossan Rubber Industries, Cardinal Health Inc, Sempermed, Sri Trang Gloves, Care Plus, Supermax Corporation Berhad, Synthomer Plc, Comfort Rubber Gloves Industries, and others.

The leading global disposable gloves specialist companies such as Ansell, Hartlega, Top Gloves, and Rubberex are highly focused on providing a full segment of gloves for multiple solutions and for multiple end users.

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What Is The Expected Future Outlook For The Overall Global Disposable Gloves Market Across The Globe?

The Global Disposable Gloves market was valued at USD ~billion in 2022 and is anticipated to reach USD ~15 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 Disposable Gloves market is driven by increased investment in improving the public healthcare system. 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 Disposable Gloves market is changing rapidly. For instance, In March 2022, American Nitrile, LLC, announced a strategic partnership with Orion Infrastructure Capital (OIC) to construct its manufacturing facility in Grove City. Under this agreement, OIC will provide US$105 million to support the completion of 12 production lines with an aggregate capacity of 3.6 billion nitrile gloves per year.

In March 2021, Hartalega Holdings Bhd announced its plans to invest US$1.7 billion to build 16 new manufacturing plants over the next 20 years. Hartalega currently operates with 12 manufacturing units and aims at increasing the annual production of gloves by 95 billion by 2027.

In the FY21 annual report, Ansell Ltd. mentioned a US$80 million investment over the next three years in a new Greenfield manufacturing site in Tamil Nadu, India, with a focus on surgical and life science gloves for the Indian domestic market and export.

The Global Disposable Gloves Market witnessed accelerated growth during the 2019-2021 period, primarily driven the by Covid19 virus, growing awareness among people about infectious diseases, and public health initiatives. Although the growth rate is expected to come down in the forecasted period, the use of disposable gloves is anticipated to remain strong as multiple industries are adopting precautionary measures.

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

Major Companies Profiled in the Report

  • Ansell Ltd
  • Hartalega
  • Top Glove Bhd
  • Rubberex
  • Kossan Rubber Industries
  • Cardinal Health Inc
  • Sempermed
  • Sri Trang Gloves
  • Care Plus
  • Supermax Corporation Berhad
  • Synthomer Plc
  • Comfort Rubber Gloves Industries

Notable Emerging Companies Mentioned in the Report

  • Cullinan Gloves
  • Sara Health Care Pvt Ltd.
  • Amkay Products Pvt Ltd.
  • Medlis Healthcare Pvt Ltd
  • Anhui Tianyuan Latex Technology Co.
  • Dentopia Sdn Bhd.
  • American Nitriles
  • LifeMedz

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

  • Disposable gloves manufacturer companies
  • Disposable gloves distributors
  • Disposable gloves material supplier companies
  • Potential investors in disposable gloves companies
  • Disposable gloves association
  • Utilities sector organizations
  • Healthcare sector companies
  • PPE manufacturing companies
  • Research & development institutes
  • PE and VC Firms in Healthcare
  • Consulting companies in the health and hygiene sector
  • Disposable gloves component providers
  • Nitrile and latex gloves manufacturers
  • Government and research organizations
  • Investment banks & funds
  • Investors and financial community professionals
  • Healthcare Regulatory Authorities

Time Period Captured in the Report

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

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

Global Disposable Gloves Market

The Global Data Center and Cloud Service market is Anticipated to reach USD ~450 billion by the end of 2027 – Ken Research

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Global Data Center and Cloud Service MARKET by client cloud

The Global Data Center and Cloud Service market is segmented by Client Cloud into Domestic and Global Clients.

Competition Scenario IN Global Ecommerce Market

A vibrant and fast-growing Data center ecosystem, aggressive investment in modernizing the infrastructure and the influx of investments from major players are listed as the major factors for the growth in the Global Data Center market. Some of the major Data center companies are Amazon, Akamai, Cisco Systems, Google, IBM, HP, Dell, Microsoft, VMware and Yahoo.

What is the Expected Future Outlook for the Overall Global Data Center and Cloud Service Market Across the globe?

The Global Data Center and Cloud Service market was valued at USD ~200 billion in 2022 and is anticipated to reach USD ~450 billion by the end of 2027, witnessing a CAGR in double digit during the forecast period 2022-2027. 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 Data Center and Cloud Service market is driven by the new government policies like tax exemption, influx of huge investments from various companies and governments, digitization in IT sector, high density demand of end-users and young tech savvy population. However, the market is also constantly being influenced by rapid development in technology, product innovation, and diversification in some countries.

Data Center Market

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The Global Data center and cloud service market is changing very rapid with new investments and acquisition. For Instance, Kotak Alternate Assets, managed by Kotak Investment Advisors, will be investing $800 million to support the development of 5-7 large data center in India.

Furthermore, MC Digital Realty, a 50/50 joint venture between Mitsubishi Corporation and Digital Realty providing a full suite of data center solutions in Japan, announced on February, 2023 the official opening of KIX13, the fourth building on the 23,000sqm Osaka data center campus. A three-story facility that offers customers institutional quality digital infrastructure solutions of up to 21 megawatts (MW) of IT capacity in one of the most highly sought-after markets for cloud data centers in the world.

There has been a significant investment made by major companies in the Global Data center market. For Instance, Amazon Web Services (AWS) announced plan to invest $2.8 Billion in the expansion of its data center in 2020 while Microsoft committed to spend $10 billion on data center expansion in 2021 alone. Google also plans to invest $7 billion in data centres and offices in the upcoming yeas in United States.

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Moreover, Data centre providers such as Equinix, Digital Reality and CyrusOne have also made significant investment in data center infrastructure. For example, Equinix announced an investment of $1 billion in its data centre infrastructure 2019. Similarly, Digital Reality invested $ 3 billion in data center infrastructure in 2020.

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

  • Data Center Industry
  • Cloud Services Industry
  • Data Center Manufacturing Companies
  • Data Center Operators
  • Cloud Services Operators
  • Co-Location Providers
  • Uptime ranking association
  • Telecom Industry
  • IT/ITes Industry
  • Government Sector
  • Retail Sector
  • Transport and Logistics Companies

Time Period Captured in the Report:

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

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

Global Data Center Market

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Global Natural Sugar Substitute Market is expected to reach a market size of US$ 4 billion by 2028: Ken Research

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What Is the Size of Global Natural Sugar Substitute Industry?

Global Natural Sugar Substitute market is growing at a CAGR of ~% in 2017-2022 and is expected to reach ~USD 4 Bn by 2028. The Natural Sugar Substitute Market is largely driven by surging demand for less-calorie natural sugar substitutes to maintain calorie intake and decrease the risk of health problems related to sugar including diabetes, obesity, metabolic disorders, and others.

 The increasing focus of consumers on good health and wellness and the rising adoption of healthy and natural products that offer health benefits is likely to boost the demand for natural sugar substitutes among consumers. The rising awareness regarding the negative health impact of sugar along with the increasing prevalence of diabetes, obesity, and other health problems related to calorie imbalance is expected to boost the demand for natural sugar substitutes and is anticipated to augment the growth of the Global Natural Sugar Substitute Market.

The Global Natural Sugar Substitute Market faces challenges due to the stringent regulations laid by the government on natural sugar substitute products’ quality, packaging, and others. The difficulty in adherence to international quality standards for natural sugar substitute products along with the fluctuating prices of raw materials of sugar substitutes may hinder the growth of the market.

Global Natural Sugar Substitute Market By Product Type

The Global Natural Sugar Substitute market is segmented by Product type into Stevia, Palm Sugar, Coconut Sugar, Honey, Maple Syrup, Monk Fruit Syrup, Agave Fruit Syrup, Lucuma Fruit Syrup, Molasses and Others.

The stevia segment held the largest share of the Global Natural Sugar Substitute Market in 2021, owing to its low-calorie, sugar-free, and zero glycemic index content. The wide usage of stevia as a low-calorie or sugar-free substitute for conventional sugar in the beverage industry to manufacture diet coke, energy drinks, flavored drinks, fruit juices, and other beverages is likely to aid the growth of the segment in the Global Natural Sugar Substitute Market.

Global Natural Sugar Substitute Market By Composition Type

The Global Natural Sugar Substitute market is segmented by Composition type into High-Intensity Sweeteners (HIS), Low- Intensity Sweeteners (LIS) and High Fructose Syrup (HFS). High-intensity sweetener segment held the largest share of the Global Natural Sugar Substitute Market in 2022, attributed to the increasing demand for low-calorie ingredients that are used in smaller amounts to enhance the flavor as well as to sweeten the food or beverage products. High-intensity sweeteners are approved by FDA and are considered safe for general consumption.

Global Natural Sugar Substitute Market By Form

The Global Natural Sugar Substitute market is segmented by Form into Liquid, Powder and Solid/Crystal. The solid segment held the largest share of the Global Natural Sugar Substitute Market in 2022, due to its easy usage, ease of transportation, packaging, stability, longer shelf-life, and other functional benefits.

The wide application of solid-form sweeteners as a coating and bulking agent in bakery, confectionery, and other food and beverage applications is anticipated to boost the demand for the segment in the market. Moreover, solid sweeteners are easy to use owing it their physical properties which will further propel the growth of the Global Natural Sugar Substitute Market.

global-natural-sugar-substitute-market-revenue

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Global Natural Sugar Substitute Market By End-User

The Global Natural Sugar Substitute market is segmented by End-User into Food, Beverages, Table-Top (Direct Consumers), Nutrition and Health Supplements, Pharmaceuticals and Others. The beverage segment held the largest share of the Global Natural Sugar Substitute Market in 2022, owing to the increasing preference for low-calorie or zero-calorie, and reduced-sugar drinks among consumers.

The surging demand for the natural sugar substitute among beverage manufacturers to produce sugar-free or low-calorie beverage products including energy drinks, fruit juices, flavored drinks, ready-to-drink teas, diet carbonated drinks, and others to fulfill the demand for health-conscious and calorie-conscious consumers, which is expected to propel the growth of the segment in the market.

Global Natural Sugar Substitute Market By Geography

The Global Natural Sugar Substitute market is segmented by geography into North America, Europe, Asia- pacific and LAMEA. North America region accounted for the largest share of the Global Natural Sugar Substitute Market in 2022, owing to the rising prevalence of lifestyle disorders such as diabetes, obesity, cardiovascular diseases, and others.

The rising demand for low-calorie food products among North American consumers coupled with an increased inclination towards healthy food products to lead a healthy lifestyle is likely to increase the demand for the product in the region. Moreover, rising awareness regarding the harmful health impact of overconsumption of sugar and the benefits of natural sugar substitutes among consumers has encouraged consumers to opt for natural sugar substitutes, which is expected to augment the growth of the region in the Natural Sugar Substitute Market.

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Competition Scenario In Global Natural Sugar Substitute Market

The Natural Sugar Substitute Market is highly competitive with ~300 players that include globally diversified players, regional players as well as a large number of country-niche players having their niche in Natural Sugar Substitute.

Country-niche players comprise ~65% of the total number of competitors, while the regional players comprise the second highest of the total number of competitors. Some of the major players in the market include Tate &Lyle, Ingredion, Cargill Incorporated, ADM, JK Sucralose Inc., DuPont, Roquette, Ajinomoto Co., Inc, Real Stevia, and NutraSweet Natural among others.

The leading global Natural Sugar Substitute companies such as Tate &Lyle, Ingredion, and Cargill Incorporated are highly focused on gaining investment for the research and development of new Natural Sugar Substitute products and on the production of slaughter-free meat products.

What is the Expected Future Outlook for the Overall Global natural sugar substitute Market Across the globe?

The Global Natural Sugar Substitute market was valued at USD ~billion in 2022 and is anticipated to reach USD ~4 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 Natural Sugar Substitute market is driven by surging demand for less-calorie natural sugar substitutes to maintain calorie intake and decrease the risk of health problems related to sugar including diabetes, obesity, metabolic disorders, and others. 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 Natural Sugar Substitute market is changing rapidly. For instance, In April 2022, Tate & Lyle expanded their production of allulose to fulfill the surging demand for rare sugar among food and beverage manufacturers. Allulose is a tooth-friendly rare sugar that contains 0.4 calories per gram and has 70% of the sweetness of regular sugar and has a negligible effect on blood sugar and insulin. The company completed its first phase of expansion by will boost the production of crystalline. This expansion helped the company in increasing its production as well as gain more revenue for the company.

In December 2021, Ingredion launched a new product named PureCircle NSF-13, an evolved flavor modifier for delivering “sweetness at scale”. The new product has wide applications in beverage, bakery, dairy, and other industries. The product is sustainably Product Typed and is cost-effective and organic. The new product launch helped the company in enhancing its product portfolio.

The Global Natural Sugar Substitute Market is forecasted to continue moderate growth, primarily driven by the surging demand for low-calorie and less-sugar products among consumers coupled with the growing inclination towards healthy food to lead a healthy lifestyle. Furthermore, an increased sedentary lifestyle along with the rising prevalence of lifestyle disorders such as diabetes, obesity, cardiovascular diseases, and others is anticipated to propel the growth of the market even in the forecasted period. Though the market is highly competitive with ~300 participants, global players control the dominant market share.

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

Global Natural Sugar Substitute Market

3 Tailwinds That Will Make Philippines Property Classified Market to Generate Over USD 80 Mn by 2026. Will the Philippines Be Able to Achieve That Mark?

 The Philippines property market is forecasted to grow at an annual average of 31.4% by 2026, as per the findings by Ken Research

1. Of the Total 109.5 Mn Population in the Philippines, more than 80 Mn are Internet Users, the Second Largest in Southeast Asia.

                           Philippines Property Classified Market

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Philippines has 82.3 Mn Smartphone users in 2021; increasing smartphone users acts as a driver for this market. With increasing smartphone penetration and rise in residential segment the market offers ample opportunities for Property Classified investors in Philippines.

2. The number of Residential and Non-Residential constructions in the first quarter of 2021 recorded over 33,500, indicating an annual expansion of ~1.5%.

                          Philippines Real Estate Classified Industry

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Q1 2021 seen an increase in Total number of constructions around (33,500) compared to 33,000 constructions with an annual drop of -23%, Q1 2020. By type of construction, residential reported the highest number of constructions during the Q1 2021 at nearly 70% of the total number of constructions. Non-residential constructions, which accounted for almost 15% of the total constructions during Q1 2021, ranked second.

3. The residential segment will be boosted by the government’s backing to bridge the 5.7 Mn housing backlog in the country through the construction of affordable housing.

The 5.7-million housing backlog nationwide remains to be the top challenge in the real estate sector, citing that the 40 percent unused land regulation triggered hesitation on the part of investors to engage in housing. The housing backlog nationwide rose to 5.7 million in the country.

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