Global Green Chemicals Market is expected to reach ~USD 17 Bn by 2028F: Ken Research

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Competition Scenario In Global Green Chemicals Market

The green chemicals market is highly competitive with ~200 players that include globally diversified players, and regional players as well as a large number of country-niche players having their niche in green chemicals.

Regional players comprise ~35% of the total number of competitors, while the country-niche players comprise the highest of the total number of competitors. Some of the major players in the market include Cargill, Incorporated, Mitsubishi Chemical Group Corporation, BASF SE, DuPont, DSM, Evonik, Plantic, Bayer Material Science AG, Verdant Law, and Arkema, among others.

What Is The Expected Future Outlook For The Overall Global Green Chemicals Market Across The Globe?

The Global Green Chemicals market was valued at USD ~10 billion in 2022 and is anticipated to reach USD ~17 billion by the end of 2028, 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 Green Chemicals market is driven by the rising concerns regarding the harmful impact of chemicals on the environment coupled with increasing awareness regarding green chemicals. 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 Green Chemicals market is changing rapidly. For instance, In September 2022, BASF SE announced a partnership with RiKarbon Inc., a technology start-up based in the USA. The partnership focused on the R&D activities of RiKarbon Inc. for new green emollients from bio-waste for personal care formulations.

In December 2021, Cargill, Incorporated acquired Croda’s bio-based industrial business for US$ 1.03 billion. The company aimed to expand its bio-industrial footprints to expand its greener ingredient solutions.

The global green chemicals market is forecasted to continue fast growth, primarily driven by the increasing demand for green chemicals in different industries and the scarcity of non-renewable resources. Furthermore, supportive government regulations for the use of green chemicals is expected to fuel the growth of the market. Though the market is highly competitive with ~200 participants, regional players control the dominant market share.

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Key Topics Covered in the Report

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

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Major Companies Mentioned in the Report

• Cargill, Incorporated
• Mitsubishi Chemical Group Corporation.
• BASF SE
• DuPont
• DSM
• Evonik
•  Plantic
• Bayer Material Science AG
• Verdant Law
• Arkema

Notable Emerging Companies Mentioned in the Report

• Bio-Kleen Products, Inc.
• Palmer Industries, Inc.
• Thermafiber, Inc.
• Vertec BioSolvents Inc.
• Total Corbion PLA

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

• Green Chemicals Manufacturers
• Chemical Manufacturers
• Bio-Alcohol Manufacturers
• Packaging Manufacturers
• Research & Consulting Firms
• Research and Development Associations
• Investment Banking & Financial Institutes
• Research & Development Institutes for Green Chemicals
• Green Chemicals Providers
• Green Chemicals Research Organizations
• Green Chemicals Suppliers
• Investors in Green Chemicals Start-ups
• Green Chemicals Distributors
• Government Ministries and Departments of Chemical Industry
• Chemical Industry Regulatory Bodies

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 Green Chemicals Market

The global drug testing market is expected to reach USD 12 Bn USD by 2028. Will the Global drug testing market stand on this projected figure? : Ken Research

 1.Global Impact of Substance Abuse

 Deaths Caused Due to Substance Abuse (Tobacco, Alcohol and Illicit Drugs) around the World in Millions, 2012-2019

                         

Trends and Developments in Global Drug Testing Market

Over the years, the use of drugs has been increasing across the world which has been a major reason for growth of drug abuse testing devices. In the recent past, there have been a few countries which also have legalized the use of marijuana. With this, the office regulations have also become stringent in order to keep a check on the working conditions of the individuals so as to prevent them from working when they are under the influence of drugs and to maintain decorum for their safety and other in the working environment. Hence, workplace drug testing’s becoming a common practice amongst a number of organizations in order to supervise and ensure safety of all of its employees. The effect of drugs can be extremely harmful. For instance, it weakens the immune system, can cause heart conditions from abnormal heart rates to heart attacks and blood vessel infections from injected drugs, lung diseases along with seizures and brain damage are also caused due to excessive intake of drugs.

2. Global Drug Abuse Testing Market Lifecycle                             

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Introduction 1980s-2000: The initial tests mainly focused on urine testing as traces for drugs would persist in it for 8-10 hours. There were very few companies which manufactured drug testing devices at that time. 

Growth 2000-2040: As doping incidents increased, more attention was given to drug testing and more companies entered the market with the introduction of new testing devices to detect the drug consumption. The sample increased from urine to even hair and nails. Drug Testing is used in Work places, for Research, in Schools and for Criminal Justice.

Maturity >2040s: The growing number of companies as well as the innovation in technology in the Drug abuse testing devices has made it one of the most promising markets in the diagnostic segment. A number of workplaces and schools have incorporated random drug testing and have also included this clause in the contract before the employee joins a given firm. Similar laws are expected to come in future in other countries.

3. Global Illicit Cocaine Manufacturing and the Approach of Law Enforcement to it.

The estimated global illicit manufacture of cocaine also reached an all-time high of 1,976 tons in 2017, an increase of 25.0% compared to 2016. At the same time, the global quantity of cocaine seized in 2017 rose by 13.0%to 1,275 tons, and becoming the largest quantity ever reported till that time.

A number of countries in Europe have legalized the use of drugs leading to an increase in the demand for drug testing devices. There has also been a shift towards cost-effective, non-invasive and fast testing methods to replace traditional method including blood, urine, oral and hair testing.

Within the Asia Pacific region, the use of sensor based devices has been growing and technologies using fingerprints as a sample are being introduced.

The laws with respect to drug consumption and drug possession are extremely strict in the LAMEA region. With the help of this, the consumption of illegal drugs is also minimal in this region. For example, in Saudi Arabia the possession or consumption of drugs can lead to a death penalty. The share of the LAMEA region towards the global market of drug abuse testing devices was estimated to be 8.0% in 2019.

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Global Eyewear Market is expected to reach ~USD 200 Bn by 2028F: Ken Research

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Global Eyewear Market By Geography

The Global Eyewear market is segmented by geography into North America, Europe, Asia- pacific and LAMEA. Europe accounted for the largest market share in 2022 within the total Global Eyewear Market.

Europe has the largest eyeglass market, making up the bulk of the global market. This can be attributed to the region's growing taste for high-end eyewear products as well as the manufacturers' increasing attention to the creation of novel eyewear product styles, shapes, and sizes.

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Competition Scenario In Global Eyewear Market

The Global Eyewear Market is highly competitive with ~500 players which include globally diversified players, regional players as well as a large number of country-niche players.

Large global players hold the highest market share of 40% which is followed by the regional players holding a 35% share. Some of the major players in the market include Johnson & Johnson Vision Care, Inc., Essilor Luxottica, Bausch & Lomb Inc., Cooper Vision, Carl Zeiss AG., CIBA VISION, Safilo Group S.p.A., De Rigo Vision S.p.A, Fielmann AG, Marcolin SpA., HOYA Corporation, and others.

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

The Global Eyewear 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 Eyewear market is driven by rise in R&D activity in herbal ingredients. 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 Eyewear market is changing rapidly. For instance, In July 2021, Essilor introduced a new at-home screening software to encourage the general population to schedule an eye exam with their nearby independent practice. The My Vision Check app enables users to perform a quick eye exam at home before directing them to their local practice for a comprehensive eye exam.

In July 2021, Warbly Parker updated its online prescription renewal service. It has released an app, Virtual Vision Exam, which provides an at-home vision test that offers a refreshed prescription so that users can buy eyeglasses or contact lenses.

In August 2021, as part of its well-known JINS&SUN brand, JINS Eyewear introduced a fresh range of biodegradable sunglasses. The newest collection of sunglasses from JINS&SUN debuted in the USA and featured sophisticated frame designs made of biodegradable, bioplastic materials.

The Global Eyewear Market is forecasted to continue a gradual growth that is witnessed during the forecast period. Key trends driving market expansion include the increasing adoption of luxurious accessories among millennials, the surge in visual impairment among children, and an increasing geriatric population. The market is highly competitive with ~500 participants concentrating on expansion strategies through product innovations as well as acquisitions and mergers.

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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.

Notable Emerging Companies Mentioned in the Report

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

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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

The supply in China flexible workspace market has been growing at a CAGR of about 35% in 2019- Which Factors can make the industry more lucrative in the future? Ken Research

Listing flexible workspace brand on broker and aggregator portals can ensure targeting the right individuals, says a report by Ken Research

1. Emerging trend of flexible workspace in China- Leading factors.

                           

Preferred Space of Working in Other Countries

• Start-ups are unsure about the sustainability of business which leads to requirement of office spaces on a flexible basis.
• In Q1 2019, 5 out of the 20 most expensive office markets in the world were located in China.
• Increasing number of freelancers and self employed individuals demand small office spaces and community to build business connections.
• Enterprises are changing into ‘Hub and Spoke’ model; with corporate head office acting as a hub and flexible workspace act as spoke for employees to work remotely.

2. What are the existing gaps in China flexible workspace market?

                  

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• Tier 1 city such as Shanghai and Beijing are facing the situation of oversupply. The number of start-ups, enterprises and MSME’s are continuously growing in China, which means that flexible workspace operators should provide value added services in order to attract growing workforce.
• Currently, finance, banking and IT sector are the major occupiers of flexible workspace. In order to attract companies from other industries flexible workspace operators can develop co-working spaces for a particular target audience by developing the sector specific infrastructure.

3. Emerging flexible workspace business models in China to meet the gaps in market.                  

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Flexible Workspace operator signs a lease contract (10-20 years) with the landowner, and makes contractual payments following the terms written out in the lease.

Examples: WeWork, Regus, Ucommune, MyDreamPlus, etc.

Revenue sharing partnership between landowner and flexible workspace operator, where in majority of investment is made by the landowner and the management is completely taken care by the operator. The landowner gets the preferred returns as majority of investment is made by them.

Examples: Ucommune, Distrii, Atlas Workspace, Compass Office, etc.

 

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Building New India: can government initiative & FDI inflow catapult the construction chemical market to INR 11000 Cr by 2025?

 An FDI Inflow of over INR 25 Bn & Smart City Mission are some of the factors serving as catalyst in the Indian Construction Chemical Market: Ken Research

1. “Real Estate fueling the construction chemical market:” Enhancing Investment for Real Estate Development is a Priority for the Government; this will indirectly boost demand in the Construction Chemicals Market

Click to Read Full Article: India Construction Chemicals Market

Real estate has been a major market for Construction chemical Industry in India. With increasing urbanization & development initiatives taken up by GOI, the sector has been supporting the growth of Construction chemical market. Initiatives such as “smart city mission” wherein the govt. has chosen 100 smart cities and prepared projects worth $30 Bn moreover, projects worth $20 Bn to almost completion are boosting the market growth. Moreover, In Budget 2021, gov. proposed forming of a Development Financial Institution (DFI) named as National Bank for Financing Infrastructure and Development. The institution will serve as a catalyst for real estate market thus fueling the construction chemical sector as well.

2. There is a huge pipeline of on-going & up-coming Real Estate & Infrastructure Projects till FY’2025.

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Investment of ₹ 30 trillion for transport sector with major investment in railway, roads, & highway sector is expected for next 5 years. Target of 12,000 km national highway construction every year till FY’2024 by the current government is being taken place. Moreover, as part of Sagarmala Project of New Port & Port Modernization till 2015-2025 with 610 projects with ₹7 Lakh Cr out of which 542 projects under implementation, development & completion. Many other projects are being carried out which are serving the growth of construction chemicals market in India.

3. “A bright future for the industry:” Construction Chemicals Industry is going to witness a healthy growth of its end user Industries, which reduces demand uncertainty in the medium to long term.

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The future growth rate of construction chemical industry is expected to be a steady but consistent one. A major push will be received via projects in hospitality, residential, commercial & infrastructure segments. Furthermore, New Innovations such as Multipurpose & Hybrid Coating, eco-friendly products for instance Nano-Coating, Green Coating for fire protection and anti-corrosion are anticipated to fuel the sales. Global Companies have already increased their presence by opening new manufacturing plants for instance BASF opened 6^th Plant in India, Fosroc and Arkema inaugurated their new plants as well. All in all, even though the industry is currently is at a nascent stage currently, it is expected to register strong growth in upcoming years.

Global Extended Reality Display Market is expected to reach ~USD 100 Bn by 2028F: Ken Research

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Competition Scenario In Global Extended Reality Display Market

The global Extended Reality Display market is highly competitive with ~500+ players, which include globally diversified players, regional players as well as a large number of country-niche players each with their niche in Extended Reality Display Solutions. Large global players constitute ~5% of competitors, while regional players represent ~40% of competitors and country-niche players represent the largest share of ~55% of Competitors. Some of the major players in the market include Qualcomm Technologies Inc., Magic Leap, Google, Meta, HP Development Company, L.P, Soft Serve Inc., Sony Interactive Entertainment LLC, Accenture, Apple Inc., Northern Digital In, and among others.

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What Is The Expected Future Outlook For The Overall Global Extended Reality Display Market Across The Globe?

The Global Extended Reality Display 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 Extended Reality Display market is driven by rising adoption of extended reality devices in the healthcare sector. 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 Extended Reality Display market is changing rapidly. For instance, In September 2022, Meta announced that they are collaborating with Qualcomm for designing a customized chipset for extended reality platforms, which delivers the next-generation platforms and core technologies in the met averse.

In September 2022, Sony Interactive Entertainment formed a partnership with USC Games. Under this, USC Games will provide students with studying game development and designing courses that include VR Gaming.

The Global Extended Reality Display Market is forecasted to grow significantly with a CAGR of ~25% during the forecast period primarily driven by the adoption of Extended Reality Display devices in the Healthcare sector. Though the market is highly competitive with ~ 500+ participants, country-niche players comprise the largest share of ~55% among total competitors followed by regional players at ~40% by number of competitors by type. North America is the dominant region for Extended Reality Display Market.

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Key Topics Covered in the Report

• Snapshot of the Global Extended Reality Display Market
• Industry Value Chain and Ecosystem Analysis
• Market size and Segmentation of the Global Extended Reality Display Market
• Historic Growth of the Overall Global Extended Reality Display Market and Segments
• Competition Scenario of the Market and Key Developments of Competitors
• Porter’s 5 Forces Analysis of the Global Extended Reality Display Industry
• Overview, Solution Offerings, and Strengths & Weaknesses
• COVID-19 Impact on the Overall Global Extended Reality Display Market
• Future Market Forecast and Growth Rates of the Total Global Extended Reality Display Market and by Segments
• Market Size of End-user Segments with Historical CAGR and Future Forecasts
• Analysis of the Global Extended Reality Display Market
• Major Production/Supply and Consumption/Demand Hubs within Each Major Country
• Major Country-wise Historic and Future Market Growth Rates of the Total Market and Segments
• Overview of Notable Emerging Competitor Companies within Each Region

Notable Key Players Mentioned in the Report

• Qualcomm Technologies Inc.
• Magic Leap
• Google
• Meta
• HP Development Company, L.P
• SoftServe Inc.
• Sony Interactive Entertainment LLC
• Accenture
• Apple Inc.
• Northern Digital Inc.

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Notable Emerging Companies Mentioned in the Report

• QuaQua
• CXR
• TreeView
• Lucid Reality Labs
• FFFACE.ME

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

• Extended Reality Display Manufacturers
• Government Ministries of Health and Family Welfare
• Extended Reality Display Industry Association
• Extended Reality Display Companies
• Financial Institutions Targeting Extended Reality Display Industry
• Government Ministries and Departments of Information Technology
• Investors and financial community professionals
• PE and VC Firms focused on Information Technology Sector

Time Period Captured in the Report

• Historical Period: 2017-202
• Forecast Period: 2022E-2028F

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

Global Extended Reality Display Market

Riding the digital wave- The used Car Market is set to boom in Australia: Ken Research

 Gone are the days when buying a pre-owned car was a stigma. Consumers now choose to buy certified used automobiles following thorough quality and valuation checks, which raises the volume of used car sales in Australia as a result of improved awareness. Also, with dealerships now providing warranty and service assistance, first-time purchasers have a reliable and trustworthy option in the used automobile market.

Besides, the diffusion of technology and digital enablement have boosted the overall used car market in Australia. Vertical platforms are providing consumers and sellers with new methods to interact online and assist the purchasing choice by presenting a profusion of options and focusing on the user browsing experience.

Read to know how the digital wave has been transforming the overall purchasing journey of customers and the future projection of the used car market in Australia.

1. Used to new car ratio is representative of the maturity of the pre-owned car industry which signifies the beginning of a new era in the pre-owned car market in Australia

2. End users usually have a variety of options in choosing different platforms such as multiband, captive & unorganized dealerships along with online platforms for purchasing a used car

3. Here, Social media plays a major role in generating leads for dealers & end consumers by virtue of offering advertisements at a lower cost with respect to other traditional marketing channels

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4. However, there still remain some concerns to customers but Online auto portals are emerging and providing a wide range of services to address those problems and driving the growth of the sector

5. Presently, the Used Car market in Australia is in the growth stage and has a high potential to grow with double-digit CAGR in future owing to the rise of online platforms and enhancement in online infrastructure

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Australia Used Car Market

Global Exoskeleton market is expected to reach ~USD 2500 Mn by 2028F: Ken Research

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Global Exoskeleton Market By Geography

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

North America accounted for the largest market share among all regions within the total Global Exoskeleton Market in 2022.

The growth is primarily due to the increase in disability issues in individuals as well as continuous spending on research & development for the exoskeleton.

In August 2018, the Centers for disease control and prevention which is the public health agency of the U. S that serves under the U.S department of health and human services stated that in one of four U.S Adults i.e., around 61 million Americans suffer from a disability that majorly impacts their life activities.

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Competition Scenario In Global Exoskeleton Market

The Global Exoskeleton Market is highly competitive with ~100 players which include globally diversified players, regional players as well as a large number of country-niche players each with their niche in Exoskeleton manufacturing. Large global players constitute ~20% of competitors, while country-niche players represent ~45% of competitors. Most of these country players include component manufacturers and assembling companies. Some of the major players in the market include Ekso Bionics Holdings, ReWalk Robotics, Cyberdyne Inc., Rex Bionics Ltd., Sarcos, Lockheed Martin Corporation, B-Temia, Ottobock, DIH Medical, Medi-Touch, and among others.

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

The Global Exoskeleton market was valued at USD ~billion in 2022 and is anticipated to reach USD ~2.5 billion by the end of 2030, witnessing a CAGR of ~% during the forecast period 2022-2030. 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 Exoskeleton market is driven by adoption of the exoskeleton in the healthcare sector for robotic rehabilitation. 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 Exoskeleton market is changing rapidly. For instance, In February 2022, CYBERDYNE Inc. received its marketing license approved by the Ministry of Health Republic of Indonesia, for Medical HAL Single Joint Type which is a “Wearable Cyborg” for the upper body exoskeleton that improves the physical function of the user.

In September 2020, Sarcos Robotics raised US$ 40 Million in Funding, the funding is likely to be used for the production of Guardian XO which is an industrial exoskeleton that is going to be the world’s first full-body, battery-powered Exoskeleton with enhanced strength and endurance.

The Global Exoskeleton Market is forecasted to grow exponentially with a CAGR of ~20% during the forecast period primarily driven by the adoption of the exoskeleton in the healthcare sector for robotic rehabilitation. Though the market is highly competitive with ~ 100 participants, few global players control the dominant share and country-niche players also hold a significant share. North America is the dominating region, owing to the High Purchasing power of the Users.

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Key Topics Covered in the Report

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

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Notable Emerging Companies Mentioned in the Report

• Fourier Intelligence
• Seismic
• ROAM Robotics
• Trexo Robotics
• Bionic Yantra

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

• Exoskeleton Manufacturers
• Exoskeleton Raw Material Suppliers
• Exoskeleton Products Manufacturers
• Government Ministries of health and rehabilitation
• Government Ministries of Defense
• Exoskeleton Industry Association
• Exoskeleton Companies
• Venture Capitalists Targeting Exoskeleton Industry

Time Period Captured in the Report

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

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

Global Exoskeleton market

Asia Pacific’s flexible workspace market grew drastically in terms of supply at a double digit CAGR of 30% in 2019- Which factors can make the industry more lucrative in the future?: Ken Research

 In 2019, around 64% of the total supply of flexible workspace in APAC was accounted by India and China, says a report by Ken Research

1. Growth Drivers and Trends in APAC Flexible Workspace Market.

                          

Preferred Space of Working in Other Countries

The flexible workspace industry in most of the countries in APAC is dominated by local players. For instance, in China Ucommune, Kr Space, MyDreamPlus, Distrii are few of the major players, in India the industry is dominated by local players including Awfis, Smartworks, 91Springborad and others.

The flexible workspaces are no more just about workstations and offices; they are no more just limited to a silo but are becoming the part of office building’s fabric. Landlords either self perform or outsource to the flexible workspace sector to create a range of amenities to better serve their occupiers. The Work Project has been delivering amenity spaces across CapitaLand’s portfolio, together with flexible workspace. Hongkong Land launched an owner-operated space with added amenities for occupiers.

2. Types of Flexible Workspaces Including Traditional Co-Working Space, Niche Co-Working Spaces, Lifestyle Co-Working Spaces, Serviced Offices and Nomadic Spaces.

                       

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• Traditional co-working space model is also known as the “sharing without relationship model”, wherein, different companies, freelancers and individual entrepreneurs can subscribe for a dedicated desk, hot desk or a private office option within a co-working center.

Examples: WeWork and Ucommune.

• Niche spaces have an industry specific target audience and such spaces are also known as “specialization spaces”. It brings together different companies from same industry. Example: Core Collection in Singapore is a Fitness co-working space.
• It fosters work-life balance in a work space. These spaces have holistic approach to work and its members have various perks which include gyms spaces, events spaces, restaurants & cafes and other discounts.

Example: The Hive in Australia has a cafe and rooftop on premise for yoga lessons. The center also organizes ski vacations and other holidays.

3. Offline Marketing Strategies Adopted by Flexible Workspace Operators that can benefit new players.

                           

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• The flexible workspace operators can leverage on its existing client base for word-of-mouth marketing by providing discounts or goodies.
• Flexible workspace operators can partner with member companies or other companies to market each other’s product on their platforms. The partnership is based on lead generation.
• Listing flexible workspace brand on broker and aggregator portals can ensure targeting the right individuals. Broker Platforms: Coworker.com, Liquid Space, Co-work booking and others.
• Advertisements on various FM radio stations, newspapers and magazines.

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40,000 two-wheelers are sold in India every day as of 2021, Will the Growth continue to be robust?

 1 in 3 Indians use 2Ws for their daily commute to and for work. 2Ws are primarily a utilitarian choice for Indians rather than an aspirational or lifestyle choice: Ken Research

1. “Need rather than want:” Due to transportation still being a challenge in India, two wheelers offer a great deal of convenience and mobility, along with the potential for future growth.

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Statistics state that it takes around 140% more time than usual to commute during peak hours in India's biggest cities. The factors leading to this traffic congestion in India are a rapid increase in population, poor road infrastructure, inadequate public transport system, and increased use of 4 wheelers.  Two-wheelers are becoming more popular, and not just because they are relatively easy on the pocket. Compared to cars, two-wheelers offer better mileage; the average mileage of cars does not typically exceed 20 km – 25 km per litre of petrol. However, for two-wheelers, it can be 50 km/litre and can go up to 80 – 90 km per litre in the case of bikes. The rising cost of fuel prices offers a better market for 2Ws in India. Moreover, Cars are not built for a rugged commute; two-wheelers (scooters and bikes) can deal with a higher ruggedness than cars. Given the road conditions in India, two-wheelers are a better bet than cars.

2. ‘Preference for private vehicle’ Buyers ready to pay high commission for product certification & getting warranty period of 6 months to 1 years also rising aspiration, growing organized market being the emerging trends.

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With increased urbanization & standard of living there has been a shift in consumer preferences with a rising need for a personal vehicle. However, consumers in low income bracket prefer used bikes/scooters. Increased working age population (55.8% in 2021) now prefer travelling on their own against crowded public transport. Therefore in most cases they choose to buy a second hand vehicle before buying a new one. Moreover, Mmillennial population is often fascinated with Super/Imported bikes opt for used imported ones owing to affordability constraints. There has also been a shift in the buying pattern of the buyers, with increased market awareness, buyers’ decision-making process has transitioned from pricing to product quality.

3. ‘2W for All:” Future used two-wheeler sales are expected to be driven by an increased preference for personal mobility over ride-sharing, ride-hailing, and rentals, as well as digital payment mode adoption.

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Indian consumers who are interested in this newly emerging market for used two-wheelers include college-goers, working professionals and bike enthusiasts who are looking for affordable performance bikes at affordable prices, Consumers of this market are primarily working women and housewives, low-income groups and delivery boys.Moreover, owing to multiple factors like education, job opportunities etc; there has been increased migration/daily commute of people from rural areas to urban areas. The industry leader Honda Motorcycle and Scooter India Ltd. (HMSI) presently sells around 3 two-wheelers for every 7 two-wheelers in rural and semi-urban pockets and is further estimated to give a boost to this ratio in future.