Global Pepperoni Market is expected to be US$ 2.29 Billion by 2027

Pepperoni is a type of salami prepared in the United States/ Italian from cured pig or beef that has been seasoned with paprika or another chilli pepper. Pepperoni has vivid colour and a delicate, smokey feel. It is typically fibrous 53mm in diameter and dry to 45mm in diameter. Pepperoni is widely used in a number of dishes, including pizza topping and as a stuffing in other foods like burgers and sandwiches. There are a few different types of meat used to prepare pepperonis, such as veal or turkey. According to Renub Research, Global Pepperoni Market is expected to be US$ 2.29 Billion by 2027.

Global Automotive Market, By Region, Companies, Forecast

In this report, Global Pepperoni Food Market Products are segmented into – Beef Pepperoni, Pork Pepperoni and Others. Pork is the most regularly used meat in the creation of pepperoni since pork is commonly used as a filler in dishes such as sandwiches and pizza toppings. Because pork production and consumption have expanded in the Americas and European countries in recent years, the pork pepperoni section of the pepperoni industry will see significant expansion. As per this research report, Market for Pepperoni Industry is expected to grow with a modest CAGR of 1.81% from 2020 to 2027.

In North American countries, particularly the United States and Canada, pepperoni is preferred above sausages, mushrooms, hams, additional cheese, onions, bacon, black olives, and pineapple as a pizza topping. According to a study of the global pepperoni food market, increased demand for pepperoni as a pizza topping will be one of the primary reasons driving the growth of this market. Pepperoni and a thin pizza base are a popular combination in North America. Pepperoni comes in a variety of sizes and shapes, including rolls and stacks. Hormel Foods is the area’s most popular pepperoni brand.

Pepperoni Food Industry is growing globally due to rapid globalisation and urbanization as both established, and emerging nations have increased pizza consumption in recent years. This has resulted in pepperoni becoming one of the most popular pizza toppings. Furthermore, the meat processing sector is becoming more sophisticated, and consumers increasingly prefer clean-labelled processed meat products, which has further catalyzed the market demand. As per our research findings, Worldwide Pepperoni Market Size was US$ 2.02 Billion in 2020.

The pepperoni food market is further characterized by multiple suppliers of different sizes, expertise and capabilities. These suppliers increasingly compete based on factors such as quality, innovation, service, price, reputation, and distribution. The performance and operations of suppliers in the market are affected by rapidly changing technologies, especially processing, packaging and transportation, and competition among participants. Suppliers in the pepperoni market are also working hard to differentiate their products to survive in this highly competitive environment.

Renub Research latest report “Global Pepperoni Market by Product type (Beef Pepperoni, Pork Pepperoni and Others), Distribution Channel (Super Market & Hypermarkets, Grocery Stores, Specialty Stores, E-Commerce, Others), Region ( North America, Europe, Asia –Pacific’s, Latin America, Middle East & Africa), Company Analysis (Bridgford Foods, Hormel Foods, Performance Food Group, Tyson Foods, US Foods Holding, The Simply Good Food Company, Golden Harvest Agro Industries Ltd)” provides detailed analysis on Global Pepperoni Industries.

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Product Type –Market break up from 3 viewpoints

  1. Beef Pepperoni
  2. Pork Pepperoni
  3. Others

Distribution Channels – Market break up from 5 viewpoints

  1. Super Market & Hypermarkets
  2. Grocery Stores
  3. Specialty Stores
  4. E-Commerce
  5. Others

Region – Market break up from 5 viewpoints

  1. North America
  2. Europe
  3. Asia Pacific
  4. Latin America
  5. Middle East and South America

All key players have been covered from 3 viewpoints

• Overview
• Recent Development
• Revenue

Company Analysis

  1. Bridgford Foods
  2. Hormel Foods
  3. Performance Food Group
  4. Tyson Foods
  5. US Foods Holding
  6. The Simply Good Food Company
  7. Golden Harvest Agro Industries Ltd

About the Company:

Renub Research is a Market Research and Consulting Company. We have more than 10 years of experience especially in international Business-to-Business Researches, Surveys and Consulting. We provide a wide range of business research solutions that helps companies in making better business decisions. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses. Our wide clientele comprises major players in Healthcare, Travel and Tourism, Food & Beverages, Power & Energy, Information Technology, Telecom & Internet, Chemical, Logistics & Automotive, Consumer Goods & Retail, Building and Construction, & Agriculture. Our clients rely on our market analysis and data to make informed knowledgeable decisions. We are regarded as one of the best providers of knowledge. Our pertinent analysis helps consultants, bankers and executives to make informed and correct decisions.

Our core team is comprised of experienced people holding graduate, postgraduate and PhD degrees in Finance, Marketing, Human Resource, Bio-Technology, Medicine, Information Technology, Environmental Science and many more. Our research helps to make business decisions: on strategy, organization, operations, technology, mergers & acquisitions etc. We support many blue chip companies by providing them with findings and perspectives across a wide range of markets. Our research reports offer a blend of information insight, analysis and forecasting that is essential in today’s ultra-competitive markets.

Contact Us:
Renub Research
Phone No: +1 678–302–0700 (USA) | +91–120–421–9822 (IND)
Email: info@renub.com
Web: https://www.renub.com
Follow on Linkedin: https://www.linkedin.com/company/renub-research

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Point of Sale Terminal Market will reach US$ 109.27 Billion by 2027

Worldwide, the rapid growth of digital technology in the past few years has expanded the point of sale terminal from just a sales portal into comprehensive payment processing systems that became an integrated part of the entire business operations. A POS terminal is computer software and hardware that manages the transaction by selling a product or a service. It helps to capture, share, store and report data related to the selling transaction. It eases the shopping experience and serves to expedite the checkout process, resulting in customer satisfaction.

Point of Sale Terminal Market, By Application, Companies, Forecast

Moreover, the rising financial frauds worldwide have demanded POS terminals. The government’s adoption has supported the vision of bringing a cashless economy worldwide, owing to the hassle-free payment option, online payment without cash and reduced waiting time in queue. With the changing technologies in credit debit cards, contactless payment became famous for making a quick purchase without entering a PIN; POS has witnessed increased adoption rates. According to Renub Research, Point of Sale Terminal Market will reach US$ 109.27 Billion by 2027.

Based on Applications

POS terminal segmented into fixed and mobile. Fixed systems hold the largest market share; large-scale vendors prefer it mainly due to high procurement and installation costs. With the rising mobility trends across the world, mobile Point of Sale Terminal systems is gaining traction. These terminals allow ease of payments during avoiding loss of sales due to delays, busy hours and helps in improving customer satisfaction. As per this report, the Point of Sale Terminal Industry will grow with a CAGR of 10.15% from 2020 to 2027.

Further, Point of Sale Terminal systems facilitates transactions from businesses’ central component to manage the inventories and payments in large end-user industries. Such as restaurants, healthcare, retail, hospitality, warehouse, distribution, and entertainment. POS systems are ubiquitous in the retail business world for their considerable benefits. A Point of Sale Terminal system in-store is essential as contactless payments have become popular among consumers who favour touch-free card payments. The Healthcare sector is owing to the growing need for managing patient information, smooth payment process, and tracking employee statistics.

Regional Analysis of POS Industry

North America has witnessed notable growth in the Point of Sale Terminal industry. With cloud-based apps on the rise and to replace machine resident programs with proven hybrid multifunction configurable POS systems, like POS-n-go, has met the business needs in U.S. retail brand outlets, such as Wal-Mart, Costco Wholesale Corporation etc. Besides, a surge in digital payment technologies in the Asia Pacific has created a pool of opportunities for POS in countries such as China, Japan, and India. As per this report, Point of Sale Terminal Market Size was US$ 55.53 Billion in 2020.

COVID-19 Impact on the point of Sale Terminal Industry

The novel coronavirus outbreak has adversely impacted global manufacturing, demand, supply chain activities. This pandemic has completely disrupted the Industries like Hospitality, Tourism, Restaurants, and Entertainment POS market. Whereas Healthcare, Retail, Warehouse segment POS market has shown growth. However, overall, 2020 was not a very pleasing year for POS Industry. But the future seems to be very promising, with double-digit CAGR growth from 2020 to 2027.

POS Companies Performance

The POS terminals market is highly fragmented with a high number of players such as NCR Corporation, Ingenico Group (acquired by Worldline), Fujian Newland Payment Technology Co. Ltd., Diebold Nixdorf, Inc., and PAX Technology, Inc. For Instance – In 2020, Ingenico combined Apple Pay Support for loyalty programs to encourage consumer engagement with merchants.

Renub Research latest report “Point of Sale Terminal Market By Application (Fixed and Mobile), Component (Hardware, Services, Software), End-User (Restaurants, Healthcare, Retail, Hospitality, Warehouse and Distribution and Entertainment and Others), Region ( North America, Asia Pacific, Europe, Latin America, Middle East & Africa), Company (NCR Corporation, Ingenico Group (acquired by Worldline), Fujian Newland Payment Technology Co. Ltd., Diebold Nixdorf, Inc., and PAX Technology, Inc.)” provides a detailed analysis of Point of Sale Terminal Industry

Request a Free Sample Copy of the Report:https://www.renub.com/request-sample-page.php?gturl=point-of-sale-terminal-market-p.php

Application – Point of Sale Terminal Market has been covered from 2 viewpoints:

  1. Fixed
  2. Mobile

Component – Point of Sale Terminal Market has been covered from 3 viewpoints:

  1. Hardware
  2. Services
  3. Software

End-User – Point of Sale Terminal Market has been covered from 7 viewpoints:

  1. Restaurants
  2. Hospitality
  3. Healthcare
  4. Retail
  5. Warehouse/Distribution
  6. Entertainment
  7. Others

Region – Point of Sale Terminal Market has been covered from 5 viewpoints:

  1. North America
  2. Europe
  3. Asia Pacific
  4. Latin America
  5. Middle East & Africa

Company Insights:

• Overview
• Company Initiatives
• Sales Analysis

Companies Covered:

  1. NCR Corporation
  2. Ingenico Group (acquired by Worldline)
  3. Fujian Newland Payment Technology Co. Ltd.
  4. Diebold Nixdorf, Inc.
  5. PAX Technology, Inc.

About the Company:

Renub Research is a Market Research and Consulting Company. We have more than 10 years of experience especially in international Business-to-Business Researches, Surveys and Consulting. We provide a wide range of business research solutions that helps companies in making better business decisions. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses. Our wide clientele comprises major players in Healthcare, Travel and Tourism, Food & Beverages, Power & Energy, Information Technology, Telecom & Internet, Chemical, Logistics & Automotive, Consumer Goods & Retail, Building and Construction, & Agriculture. Our clients rely on our market analysis and data to make informed knowledgeable decisions. We are regarded as one of the best providers of knowledge. Our pertinent analysis helps consultants, bankers and executives to make informed and correct decisions.

Our core team is comprised of experienced people holding graduate, postgraduate and PhD degrees in Finance, Marketing, Human Resource, Bio-Technology, Medicine, Information Technology, Environmental Science and many more. Our research helps to make business decisions: on strategy, organization, operations, technology, mergers & acquisitions etc. We support many blue chip companies by providing them with findings and perspectives across a wide range of markets. Our research reports offer a blend of information insight, analysis and forecasting that is essential in today’s ultra-competitive markets.

Contact Us:
Renub Research
Phone No: +1 678–302–0700 (USA) | +91–120–421–9822 (IND)
Email: info@renub.com
Web: https://www.renub.com
Follow on Linkedin: https://www.linkedin.com/company/renub-research

Asia-Pacific Automotive Paint Market will reach US$ 7.37 Billion by 2027

Asia-Pacific economies are surging fast, boosting growth in the demand for many automobiles sector. China is by far the most significant automotive paint market in the Asia-Pacific region, followed by India, and Japan. Automotive paint is a water-based mixture that is sprayed on the surface of automobiles with the help of spray guns. Vehicle coatings that are creative and environmentally friendly are in high demand in the Asia automotive industry. As a result, a shift in consumer preference toward eco-friendly paints over traditional paints is crucial in market expansion. In the market, most eco-friendly paints are water-borne, whereas traditional paints are solvent-borne. The market share of water-borne systems has grown rapidly, owing to their favourable properties, such as mild odour, increased availability, and fast-drying. Furthermore, Powder coating and High-Solid are also receiving widespread attention in industrial research. According to Renub Research, the Asia-Pacific Automotive Paint Market will reach US$ 7.37 Billion by 2027.

asia pacific automotive paint market share by renub research

The paints are made up of polyurethane-based enamel, which preserves the car’s surface from environmental harm while also improving its appearance. Low volatile organic compounds are found in automotive paints (VOCs). In the Asia Pacific, automotive paints are in high demand in the automobile industry due to the reduced exposure to pollutants. In Asia- Pacific, demand for automobiles has fueled the rise of the automotive paints industry. The Asia-Pacific Automotive Paint Market will grow with a CAGR of 5.67 % during 2021-2027.

Automotive paints are generally used to finish a wide range of automobiles for personal, commercial, and industrial use in the Asia-Pacific’s region. Applying paint to a car consists typically of three processes: the primer, the basecoat, and the clear coat. Basecoat is most widely applied as the primary color coat to the surface. In this report, the Asia Pacific automotive paint market is segmented by vehicle type comprised of passenger cars, light commercial vehicles and heavy commercial vehicles. The passenger cars market has witnessed a rise in its revenue among all types due to surging vehicle production, rising disposable income, and purchasing power of consumers.

Asia Pacific automotive paint market is one market, but it is an amalgamation of several markets. China is the most significant part of the Asian market, comprising lion’s market share. China is the world’s largest manufacturer of automobiles. However, in 2018, the country’s car production fell to 27.8 Million automobiles; due to economic developments and China’s trade conflict with the US impact the car industry’s performance. Other than China India and Japan are largest markets. The factors which are surging Asia Pacific automotive paint market are the presence of both developed and developing economies. As per our study the Asia-Pacific Automotive Paint Market Size was US$ 5.01 Billion in 2020.

Consumers are adopting advanced coatings to achieve better protection from extreme heat, acid rains, and UV radiation, which are supposed to further expand market. On the flip side, the market is facing various challenges like increased environmental concerns and regulations in India. A slowdown in vehicle production is anticipated to influence the market negatively.

COVID-19 Impact on Automotive Paint Industry of Asia

COVID-19 has harmed the Asia Pacific automotive paint market. As a result of the epidemic, numerous countries in the region went into lockdown, halting all production and building activity, negatively impacting demand in the paints and coatings sector. However, it is projected that the situation would improve in 2021, resuming the market’s growth trajectory.

Renub Research report titled “Asia-Pacific Automotive Paint Market” is segmented on the basis of Product type (Primer, Base coat, Electro coat, And Clear coat) Technology type (Water-borne, Solvent-borne, Powder coatings, UV curing, and High solid), Application type (Light, Passenger, Heavy commercial), and countries (India, China, Japan, South Korea, Asian Countries, Australia & New Zealand, and Others)” provides a complete analysis of Asia-Pacific Automotive Paint Industry.

Request a Free Sample Copy of the https://www.renub.com/request-sample-page.php?gturl=asia-pacific-automotive-paint-market-p.php

Products Type –Market has been covered from 4 view points

  1. Primer
  2. Electrocoat
  3. Basecoat
  4. Clearcoat

Technology – Market has been covered from 5 view points

  1. Water- borne
  2. Solvent-borne
  3. Powder coating
  4. UV curved
  5. High-Solid

By Application – Market has been covered from 3 view points

  1. Light Commercial Vehicle
  2. Passenger Car
  3. Heavy Commercial Vehicle

asia pacific automotive paint industry

By Region – Market has been covered from 7 view points

  1. China
  2. Japan
  3. India
  4. South Korea
  5. Asean Countries
  6. Australia & New Zealand
  7. Rest of Asia

All companies have been covered from 2 view points

• Overview
• Initiatives

Company Covered in this Report

  1. Akzonobel N.V
  2. Arkema Group (Bostik Sa)
  3. Axalta Coatings Systems
  4. BASF SE
  5. Berger Paints India Ltd

About the Company:

Renub Research is a Market Research and Consulting Company. We have more than 10 years of experience especially in international Business-to-Business Researches, Surveys and Consulting. We provide a wide range of business research solutions that helps companies in making better business decisions. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses. Our wide clientele comprises major players in Healthcare, Travel and Tourism, Food & Beverages, Power & Energy, Information Technology, Telecom & Internet, Chemical, Logistics & Automotive, Consumer Goods & Retail, Building and Construction, & Agriculture. Our clients rely on our market analysis and data to make informed knowledgeable decisions. We are regarded as one of the best providers of knowledge. Our pertinent analysis helps consultants, bankers and executives to make informed and correct decisions.

Our core team is comprised of experienced people holding graduate, postgraduate and PhD degrees in Finance, Marketing, Human Resource, Bio-Technology, Medicine, Information Technology, Environmental Science and many more. Our research helps to make business decisions: on strategy, organization, operations, technology, mergers & acquisitions etc. We support many blue chip companies by providing them with findings and perspectives across a wide range of markets. Our research reports offer a blend of information insight, analysis and forecasting that is essential in today’s ultra-competitive markets.

Contact Us:
Renub Research
Phone No: +1 678–302–0700 (USA) | +91–120–421–9822 (IND)
Email: info@renub.com
Web: https://www.renub.com
Follow on Linkedin: https://www.linkedin.com/company/renub-research

Video Surveillance Market will be US$ 112.23 Billion by 2027

Over a decade, video surveillance systems have been a thriving part of security industry. In the last few years, the Internet of Things (IoT) devices have further expanded the video surveillance industry’s popularity. Video surveillance systems such as Analog, IP, and Hybrid support security personnel in monitoring and tracking activities. It incorporates one or more video cameras on a network that sends the captured video or audio information to a particular place. The captured images are live controlled or transmitted to a central location for recording and storage. The Global Video Surveillance Market is expected to reach US$ 112.23 Billion by 2027.

video surveillance market 2020 – 2027

The video surveillance systems are found everywhere; they are used in smart cities for many urban services, including hospitals, transportation and traffic, water supply, power plants, waste management, and law enforcement. Overall the smart infrastructure demands video surveillance systems. According to Statista, the revenue from smart city infrastructure will grow to US$ 100 Billion in 2025. As a result, the rise in the number of smart city infrastructure is anticipated to propel the growth of the video surveillance industry.

Based on components, the video surveillance market is segmented into Services, Hardware and Software. The hardware category holds the largest market share; it includes recorders, cameras, and storage devices. Despite the high cost, there is a thriving demand for advanced hardware with embedded video analytics solutions and deep-learning applications. As per our research findings, the Global Video Surveillance Industry will grow with a CAGR of 12.92% by 2020-2027.

Globally, there is a massive demand for video surveillance in end-user verticals such as Commercial, Military & Defense, Residential, Industrial, Public facilities and others. In the public sector, analogue security cameras are installed at several places, such as healthcare buildings, educational buildings, government buildings, religious buildings, and transportation infrastructure (roads and traffic junctions). The use of analogue security cameras for video surveillance systems improves situational awareness, prevents untoward incidents, and simplifies response to emergencies.

Moreover, the government sector has increased the adoption of advanced surveillance, and manufacturers have realized the need for optimum IP surveillance systems. New high definition (HD) and megapixel IP cameras are used in small businesses. It captures images in great detail, enabling the small business owner to protect people and assets effectively.

Worldwide, North America is the largest regional video surveillance market due to several industry participants. In the United States, after the 9/11 terror attacks, there has been a significant rise in the demand for adequate security and surveillance system. The Asia Pacific is anticipated to gain market share over the forecast period, mainly due to the growing installation of surveillance devices in China and India and increased infrastructure spending in the region. The Worldwide Video Surveillance Market Size was US$ 47.93 Billion in 2020.

COVID-19 pandemic has subsequently affected the financial conditions of the companies operating in the video surveillance industry. As there was lockdown in many countries and even after opening there was the frequent closer of the economy. In the year 2020, most of the month’s economy has operated in a partial manner. All these factors have affected the video surveillance industry. However, we believe the worst is over, and in the coming future, the video surveillance market will grow with a double-digit CAGR.

Key market players include Honeywell, Bosch’s, Schneider Electric, FLIR Systems, and Dahua Technology. Bosch released the new Essential Video Analytics enabled FLEXIDOME IP 3000i Series in 2021.

Renub Research latest report “Video Surveillance Market, Global Forecast by Component (Hardware, Software and Services), System Type (Analog, IP, and Hybrid), Enterprise Size (Small, Medium, large), End-Use Verticals (Public facilities, Commercial, Military & Defense, Residential, Industrial and others), Region (North America, South America, Europe, Asia Pacific, Middle East & Africa), Company (Honeywell, Bosch’s, Schneider Electric, FLIR Systems, and Dahua Technology)” Provides a detailed analysis of Global Video Surveillance Market.

Request a Free Sample Copy of the https://www.renub.com/request-sample-page.php?gturl=video-surveillance-market-p.php

Component – Market has been covered from 3 viewpoints:

  1. Hardware
  2. Software
  3. Services

System Type – Market has been covered from 3 viewpoints:

  1. Analog
  2. IP -Surveillance
  3. Hybrid

Enterprise Size – Market has been covered from 3 viewpoints:

  1. Small
  2. Medium
  3. Large

End-Use Verticals – Market has been covered from 6 viewpoints:

  1. Public Facility
  2. Commercial
  3. Military & Defense
  4. Residential
  5. Industrial
  6. Others

global video surveillance market

Region – Market has been covered from 5 viewpoints:

  1. North America
  2. South America
  3. Europe
  4. Asia Pacific
  5. Middle East & Africa

Company Insights:

• Overview
• Company Initiatives
• Sales Analysis

Companies Covered:

  1. Honeywell
  2. Bosch’s
  3. Schneider Electric
  4. FLIR Systems
  5. Dahua Technology

About the Company:

Renub Research is a Market Research and Consulting Company. We have more than 10 years of experience especially in international Business-to-Business Researches, Surveys and Consulting. We provide a wide range of business research solutions that helps companies in making better business decisions. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses. Our wide clientele comprises major players in Healthcare, Travel and Tourism, Food & Beverages, Power & Energy, Information Technology, Telecom & Internet, Chemical, Logistics & Automotive, Consumer Goods & Retail, Building and Construction, & Agriculture. Our clients rely on our market analysis and data to make informed knowledgeable decisions. We are regarded as one of the best providers of knowledge. Our pertinent analysis helps consultants, bankers and executives to make informed and correct decisions.

Our core team is comprised of experienced people holding graduate, postgraduate and PhD degrees in Finance, Marketing, Human Resource, Bio-Technology, Medicine, Information Technology, Environmental Science and many more. Our research helps to make business decisions: on strategy, organization, operations, technology, mergers & acquisitions etc. We support many blue chip companies by providing them with findings and perspectives across a wide range of markets. Our research reports offer a blend of information insight, analysis and forecasting that is essential in today’s ultra-competitive markets.

Contact Us:
Renub Research
Phone No: +1 678–302–0700 (USA) | +91–120–421–9822 (IND)
Email: info@renub.com
Web: https://www.renub.com
Follow on Linkedin: https://www.linkedin.com/company/renub-research

Workforce Management Software Market will reach US$ 10.64 Billion by 2027

In the modern era, with the advancement in technology and the growing popularity of workforce management solutions becomes an increasingly more important tool for business processes to centralize resource usage data and better plan future utilization. Workforce Management (WFM) software offers a set of integrated approaches that enable organizations to optimize their employees’ productivity. By effectively forecasting labor requirements and creating & managing staff schedules to accomplish a specific task on a day-to-day and hour-to-hour basis. Further, the increasing popularity of cloud-based solutions and the Growing Trend of AI and Machine Learning are major driving factors for the expanding penetration of smart and connected devices and the growing focus on workforce optimization, thus driving WFM software market growth. According to Renub Research, The Workforce Management Software Market will reach US$ 10.64 Billion by 2027.

Based on Deployment Type

The Workforce Management software market includes On-Premise, Cloud and Hybrid. Cloud holds the largest market share. Cloud-based solutions are automated and can provide self-service, which reduces the load of labor-intensive tasks. In addition, the on-premise software market remains important as medium-sized and large enterprises maintain workforce management and existing back-office software until contracts run out and they have an entire digital transformation strategy.

Besides, rapid adoption of workforce management in the Education, Healthcare, Retail, IT & Telecom, BFSI, Manufacturing and Government industries to reduce process times, increase customer satisfaction, and offer a high return on investment are factors supporting high growth. Key vendors also focus on strengthening their channel partner ecosystems to improve indirect sales for enhanced business growth. As per this report, Workforce Management Software Industry will grow with a CAGR of 7.82% during 2020 – 2027.

Regional Analysis Workforce Management Software Industry

North America is the leading region in adopting workforce management solutions and services by enabling effective work schedules, business processes, labor costs, and talent management. In the US, Workforce Management software is becoming increasingly important for organizations to keep their workforce motivated and organized to ensure optimal productivity, which is vital while keeping abreast of changing times. ADP INC, Huntington Business Systems, Kronos Incorporated, Nice Systems Ltd, and Oracle.

Moreover, Europe is witnessing significant investment in the deployment of workforce scheduling software, especially in the healthcare, Manufacturing, Travel & Transport, and Retail sector. The increasing deployment of cloud solutions primarily drives workforce management adoption in Germany. Increasing automation across Germany’s manufacturing sector is significantly demanding for workforce management solutions. The Workforce Management Software Market Size was US$ 6.28 Billion in 2020.

Impact of COVID-19 on Workforce Management Software Industry

COVID 19 pandemic has positively impacted the WFM software market, fostering digitization and automation across the manufacturing sectors globally. The lockdown and physical distancing mandates required to control the COVID 19 spread forced many organizations to let their employees work from home. WFH or remote work location mandates show how important it is to have an online system to manage employees in real-time and accurate information.

workforce management software industry

Key Players of WFM Software Market

Market players such as ADP INC, Huntington Business Systems, Kronos Incorporated, Nice Systems Ltd, and Oracle collaborate with key players, product innovation, acquisitions partnerships, and strengthening regional and global distribution networks. In 2021, NICE Introduces NTR-X, Next Generation Cloud-Based Compliance Solution for Omnichannel Trade Recording Management.

Renub Research latest report “Workforce Management Software Market, Global Forecast by Organization Size (Large, Small & Medium) by Application (Education, Healthcare, Retail & Ecommerce, IT & telecom, BFSI, Manufacturing and Government) by Deployment Type (On-Premise, Cloud and Hybrid) by Component (Software, service) by Region ( North America, Europe, Asia pacific, MEA, Latin America) by Companies (ADP INC, Huntington Business Systems, Kronos Incorporated, Nice Systems Ltd, and Oracle)” Provides a detailed analysis of Workforce Management Software Market.

Request a Free Sample Copy of the https://www.renub.com/request-sample-page.php?gturl=workforce-management-software-market-p.php

Organization Size–Workforce Management Software Market

  1. Large
  2. Small & Medium

Application – Workforce Management Software Market Security Services

  1. BFSI
  2. Manufacturing
  3. Healthcare
  4. Government
  5. Retail & Ecommerce
  6. IT & Telecom
  7. Education
  8. Others

Deployment Type – Workforce Management Software Market

  1. On-Premise
  2. Cloud
  3. Hybrid

Component- Workforce Management Software Market

  1. Software
  2. Services

workforce management software market size

Region – Workforce Management Software Market

  1. North America
  2. Europe
  3. Asia Pacific (APAC)
  4. Middle East & Africa (MEA)
  5. Latin America

Company Insights:

• Overview
• Company Initiatives
• Sales Analysis

Companies Covered:

  1. ADP INC
  2. Huntington Business Systems
  3. Kronos Incorporated
  4. Nice Systems Ltd
  5. Oracle

About the Company:

Renub Research is a Market Research and Consulting Company. We have more than 10 years of experience especially in international Business-to-Business Researches, Surveys and Consulting. We provide a wide range of business research solutions that helps companies in making better business decisions. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses. Our wide clientele comprises major players in Healthcare, Travel and Tourism, Food & Beverages, Power & Energy, Information Technology, Telecom & Internet, Chemical, Logistics & Automotive, Consumer Goods & Retail, Building and Construction, & Agriculture. Our clients rely on our market analysis and data to make informed knowledgeable decisions. We are regarded as one of the best providers of knowledge. Our pertinent analysis helps consultants, bankers and executives to make informed and correct decisions.

Our core team is comprised of experienced people holding graduate, postgraduate and PhD degrees in Finance, Marketing, Human Resource, Bio-Technology, Medicine, Information Technology, Environmental Science and many more. Our research helps to make business decisions: on strategy, organization, operations, technology, mergers & acquisitions etc. We support many blue chip companies by providing them with findings and perspectives across a wide range of markets. Our research reports offer a blend of information insight, analysis and forecasting that is essential in today’s ultra-competitive markets.

Contact Us:
Renub Research
Phone No: +1 678–302–0700 (USA) | +91–120–421–9822 (IND)
Email: info@renub.com
Web: https://www.renub.com
Follow on Linkedin: https://www.linkedin.com/company/renub-research

Next Generation Sequencing Market will reach US$ 34.8 Billion by 2027

Next-generation sequencing refers to the deep, high-throughput, in-parallel DNA sequencing technologies developed a couple of decades after the Sanger DNA sequencing method first emerged in 1977. It is a massively parallel sequencing technology that offers scalability, ultra-high throughput, and high speed to determine the order of nucleotides in the entire genome. DNA pre-sequencing is one of the most significant steps in the overall sequencing protocol as it involves the preparation of the sample for the subsequent sequencing reaction. Further, the expansion of the worldwide next-generation sequencing market is majorly driven by a rise in genome mapping programs, a rise in applications of next-generation sequencing; an increase in healthcare expenditure; and technological advancements in sequencing platforms. According to Renub Research, The Next Generation Sequencing Market will reach US$ 34.8 Billion by 2027.

next generation sequencing market share by renub research

Impact of COVID-19 Pandemic

The potential advantage of NGS diagnostic technology was to determining the genetic sequence of a virus and helping scientists understand the change of the virus. Throughout the COVID-19 pandemic, government authorities worldwide are constantly working with the private sector to bring NGS technology the potential diagnostic tool within the market. In 2020, the (US FDA) United States Food and Drug Administration issued an emergency use authorized (EUA) to Illumina Inc. for the first COVID-19 diagnostic test adopting NGS technology. The FDA approved the Illumina COVID Seq Test for the qualitative detection of SARS-CoV-2 RNA.

Based on Type

Next Generation Sequencing Market includes Targeted Re-sequencing (TPS/WES), RNA-Sequencing, Whole Genome Sequencing, Chip-Sequencing, De Novo Sequencing, and Methyl-Sequencing. Targeted Re-sequencing holds the largest market share; the technology allows economic options for WGS (World Geodetic System) and facilitates the in-depth study of genomic regions. RNA-based targeted sequencing is expected to witness lucrative growth in the coming years due to the growing demand for differential expression analysis. As per this report, the Next-generation Sequencing Industry will grow with a CAGR of 22.94% during 2020 – 2027.

Moreover, in recent years, NGS has been considered the most potent tool in diagnostics and research to understand the treatment regimen for various diseases, including cancer, infectious diseases and cardiovascular diseases. In cancer diagnostics, due to the widespread adoption of liquid biopsies, there has been a significant increase in the utilization of NGS technologies. These technologies utilize cell-free circulating tumour DNA (ctDNA) as a non-invasive cancer biomarker for real-time cancer monitoring and detection.

NGS is steadily being integrated into user verticals like Academic and Research Institutes, Biopharmaceutical Industry, Diagnostics Industry, Governments Agencies, Hospitals and Clinics. The academic and Biopharmaceutical Industry dominates the NGS industry. Academic created the most significant revenue to the high usage of the next-generation sequencing platforms for basic research programs within universities and institutes. As per this study, Next-generation sequencing Market Size was US$ 8.2 Billion in 2020.

In addition, Next-generation sequencing informatics Services are used in clinical applications of NGS, technological advancements in NGS informatics tools, growing preference toward personalized medicines and early disease diagnosis, and the increasing demand for NGS services and investments by key companies.

next generation sequencing industry

The key players include Illumina, Thermo Fisher Scientific, Pacific Biosciences, Oxford Nanopore Technologies, and Roche. They were operating in the global next-generation sequencing market. In 2020, Illumina Inc. acquired GRAIL, a healthcare company focused on multi-cancer early detection, for cash and stock consideration of US$ 8 Billion upon closing of the transaction.

Renub Research latest report “Next-generation sequencing Market by Types of Test (Targeted Re-sequencing (TPS/WES), RNA-Sequencing, Whole Genome Sequencing, ChIP-Sequencing, De Novo Sequencing, and Methyl-Sequencing) by Disease (Reproductive Health NGS test , NGS Test Market (Rare Disease Diagnostics), Cancer (Risk Prediction, therapy Selection & Respose), Metabolic Immune (Diagnostic), Cardiovascular NGS Test Market, Others NGS Test Market) by Informatics (NGS Informatics Services, Primary and Secondary Data Analysis Tools, Computing, Storage, Biological Interpretation and Reporting Tools, LIMS (Laboratory Information Management System) by End User (Academic and Research Institutes, Biopharmaceutical Industry, Diagnostics Industry, Governments Agencies, Hospitals and Clinics)” provides a detailed analysis of Next-generation sequencing Industry.

Request a Free Sample Copy of the Report https://www.renub.com/request-sample-page.php?gturl=next-generation-sequencing-market-p.php

Types of Test – Next Generation Sequencing Market have been covered from 6 viewpoints:

  1. Targeted Re-sequencing (TPS/WES)
  2. RNA-Sequencing
  3. Whole Genome Sequencing
  4. ChIP-Sequencing
  5. De Novo Sequencing
  6. Methyl-Sequencing

Disease – Global Next Generation Sequencing Test Market have been covered from 6 viewpoints:

  1. Reproductive Health NGS test
  2. NGS Test Market (Rare Disease Diagnostics)
  3. Cancer (Risk Prediction, therapy Selection & Response)
  4. Metabolic Immune (Diagnostic)
  5. Cardiovascular NGS Test Market
  6. Others NGS Test Market

Informatics – Global Next Generation Sequencing Market have been covered from 6 viewpoints:

  1. NGS Informatics Services
  2. Primary and Secondary Data Analysis Tools
  3. Storage
  4. Computing
  5. Biological Interpretation and Reporting Tools
  6. LIMS (Laboratory Information Management System)

next generation sequencing market size

End User – Global Next Generation Sequencing Market have been covered from 5 viewpoints:

  1. Academic and Research Institutes
  2. Biopharmaceutical Industry
  3. Diagnostics Industry
  4. Governments Agencies
  5. Hospitals and Clinics

Company Insights:

• Overview
• Recent Development

Companies Covered:

  1. Illumina
  2. Thermo Fisher Scientific
  3. Pacific Biosciences
  4. Oxford Nanopore Technologies
  5. Roche

About the Company:

Renub Research is a Market Research and Consulting Company. We have more than 10 years of experience especially in international Business-to-Business Researches, Surveys and Consulting. We provide a wide range of business research solutions that helps companies in making better business decisions. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses. Our wide clientele comprises major players in Healthcare, Travel and Tourism, Food & Beverages, Power & Energy, Information Technology, Telecom & Internet, Chemical, Logistics & Automotive, Consumer Goods & Retail, Building and Construction, & Agriculture. Our clients rely on our market analysis and data to make informed knowledgeable decisions. We are regarded as one of the best providers of knowledge. Our pertinent analysis helps consultants, bankers and executives to make informed and correct decisions.

Our core team is comprised of experienced people holding graduate, postgraduate and PhD degrees in Finance, Marketing, Human Resource, Bio-Technology, Medicine, Information Technology, Environmental Science and many more. Our research helps to make business decisions: on strategy, organization, operations, technology, mergers & acquisitions etc. We support many blue chip companies by providing them with findings and perspectives across a wide range of markets. Our research reports offer a blend of information insight, analysis and forecasting that is essential in today’s ultra-competitive markets.

Contact Us:
Renub Research
Phone No: +1 678–302–0700 (USA) | +91–120–421–9822 (IND)
Email: info@renub.com
Web: https://www.renub.com
Follow on Linkedin: https://www.linkedin.com/company/renub-research

Managed Service Market is anticipated to reach US$ 460.6 Billion by 2027

Around the world, managed services are becoming increasingly popular with businesses. People are adopting managed services to better organize operate and safeguard their business. The appropriation of managed services entails transferring a higher degree of power to a third party; deciding when and how to adopt them is key. Enterprises and government agencies worldwide migrate from test environments to cloud and compute instances for more of their mission-critical workloads. The need for IT skilled professionals and the high cost of downtime and data loss drive managed services among large enterprises. According to Renub Research, Global Managed Service Market is anticipated to reach US$ 460.6 Billion by 2027.

managed service market share by renub research

managed service market

Furthermore, the demand for data centers is increasing as well as Security Services, Network, Data Center & IT Infra, Communication & Collaboration, Mobility Service, and Information Services has a result of the expanded usage of IoT, Big Data and cloud, analytics as a fundamental part of numerous enterprises digital transformation strategies. This is supporting the expansion of the managed service sector. Cloud adoption is projected to rise as demand grows. Furthermore, security concerns, combined with IT functions to seize control of organizational networks and IT infrastructure, are projected to boost managed services market growth. The Managed Service Market Size is expected to grow with a double-digit CAGR of 17.23% during 2020-2027.

How Managed Services made Growth in COVID-19

The demand for cloud-based solutions has seen robust growth due to remote working models being employed by enterprises. Various industries such as Telecom, IT, Consumer, Manufacturing, BFSI ((Banking, Financial Services and Insurance), Healthcare, and Others have observed a growth in their earnings during 2020. MSPs offer services to enterprises running in such industries. Globally, the IT sector is a significant market for the managed services due to the high rate of various technological adoptions, increased frequency of confirmation of the BYOD policy (Bring your own device), an increased need for high-end security rapidly growing data among the organizations.

Regional Analysis of Managed Services Industry

North America dominated the global managed service market; this is mainly due to major market players who focus on increasing their presence in significant industries. These include telecommunication, medical, finance, and government. The Asia Pacific is expected to increase significantly during the forecast period. Growing investment in SMEs by emerging nations such as China and India is likely to drive the demand for managed services market. As per this research report, Worldwide Managed Service Industry was US$ 151.4 Billion in 2020.

global managed service market

Company Analysis

The large tech companies such as Accenture, Broadcom, Cisco, AT&T Inc., Lenovo Group give managed computing services to companies of all sizes around the world. In 2021, Masergy Wraps Cisco Webex into Managed Services.

Renub Research latest report “Managed Services Market, Global Forecast by Deployment Type (Cloud, On-Premise), Organization (SME,Large), Vertical (Telecom, IT, Consumer, Manufacturing, BFSI, Healthcare, Education,Energy &Utilities,Media & Entertainment and others), Service type (Security Services, Network, Data Center & It Infra, Communication & Collaboration,Mobility Service,and Information Services), Region (North America, Europe, APAC,MEA, Latin America), Companies (Accenture,Broadcom (Symantec Corporation), Cisco,AT&T Inc.,Lenovo Group )” provides a detailed analysis of Managed Service Industry.

Request a Free Sample Copy of the Report: https://www.renub.com/request-sample-page.php?gturl=managed-service-market-p.php

Deployment Type – Managed Services Market have been covered from 2 viewpoints:

  1. Cloud
  2. On-Premise

Organization – Managed Services Market have been covered from 2 viewpoints:

  1. SME
  2. Large

Vertical –Managed Services Market have been covered from 10 viewpoints:

  1. Telecom
  2. IT
  3. Consumer
  4. Manufacturing
  5. BFSI (Banking, Financial Services and Insurance)
  6. Healthcare
  7. Education
  8. Energy &Utilities
  9. Media & Entertainment
  10. Others

Service Type –Managed Services Market have been covered from 6 viewpoints:

  1. Security Services
  2. Network
  3. Data Center & It Infra
  4. Communication & Collaboration
  5. Mobility Service
  6. Information Services

managed service market size

Region – Managed Services Market have been covered from 5 viewpoints:

  1. North America
  2. Europe
  3. APAC (Asia-Pacific)
  4. MEA (Middle East and Africa)
  5. Latin America

All companies have been covered from 3 viewpoints

• Overview
• Company Initiatives
• Sales Analysis

Company Analysis:

  1. Accenture
  2. Broadcom (Symantec Corporation)
  3. Cisco
  4. AT&T Inc.
  5. Lenovo Group

About the Company:

Renub Research is a Market Research and Consulting Company. We have more than 10 years of experience especially in international Business-to-Business Researches, Surveys and Consulting. We provide a wide range of business research solutions that helps companies in making better business decisions. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses. Our wide clientele comprises major players in Healthcare, Travel and Tourism, Food & Beverages, Power & Energy, Information Technology, Telecom & Internet, Chemical, Logistics & Automotive, Consumer Goods & Retail, Building and Construction, & Agriculture. Our clients rely on our market analysis and data to make informed knowledgeable decisions. We are regarded as one of the best providers of knowledge. Our pertinent analysis helps consultants, bankers and executives to make informed and correct decisions.

Our core team is comprised of experienced people holding graduate, postgraduate and PhD degrees in Finance, Marketing, Human Resource, Bio-Technology, Medicine, Information Technology, Environmental Science and many more. Our research helps to make business decisions: on strategy, organization, operations, technology, mergers & acquisitions etc. We support many blue chip companies by providing them with findings and perspectives across a wide range of markets. Our research reports offer a blend of information insight, analysis and forecasting that is essential in today’s ultra-competitive markets.

Contact Us:
Renub Research
Phone No: +1 678–302–0700 (USA) | +91–120–421–9822 (IND)
Email: info@renub.com
Web: https://www.renub.com
Follow on Linkedin: https://www.linkedin.com/company/renub-research

Automotive Air Suspension Market will be US$ 9.13 Billion by 2027

The suspension of a vehicle operated by an engine-driven compressor or air pump is called the air suspension. Air suspension increases stability and reduces fuel consumption, which further helps improve the driving comfort of the vehicle. The application of air suspension systems in automotive also minimises the noise and vibration and enhances the capacity to transport loads by equalising the suspension. According to Renub Research, Automotive Air Suspension Market is projected to reach US$ 9.13 Billion by 2027.

automotive air suspension market share by renub research

automotive air suspension market

In the recent years, technological advancements in air suspension have also led to the growth in the adoption of air suspension in all vehicle segments. By application, the market has been fragmented into Cars, Trucks, Buses and Light Commercial Vehicles. The suspension system of cars has two primary purposes. Firstly, maintain contact between the wheel and the tarmac; and secondly, prohibit road shocks and undulations from reaching the passengers.

In addition, the demand for luxury buses for long-distance travelling and the importance of comfort and luxury in passenger cars is increasing, leading to a rise in the production of passenger cars and commercial vehicles with the automotive air suspension system in the forecast period. As per our estimation, the Automotive Air Suspension Growth rate will be CAGR 8.67% during 2020 – 2027.

Technology Analysis of Automotive Air Suspension Industry

The automotive air suspension market is divided into electronic and non-electronic. Electronic technology is expected to witness faster growth throughout the forecast period owing to the growing adoption of advanced technology systems. The Electronically controlled air suspension system is a computer-controlled system that can adapt a vehicle’s ride characteristics and performance.

An electronic suspension modifies the shocks or struts electronically to ensure a smooth ride, unlike conventional air suspensions. For instance, numerous luxury passenger cars are being released with electronically controlled air suspension like Audi A8, Mercedes S-Class, Porsche Cayenne, Land Rover Discovery, and Volkswagen Touareg are some of the several models.

Components Market Size of Automotive Air Suspension

Automotive Air Suspension Market comprises of air spring, shock absorber, air compressor, electronic control unit (ECU), tank, solenoid valve and height & pressure sensor. Height sensors are indispensable devices in a vehicle; they help maintain the vehicle’s height by regulating the distance between specific points of the vehicle and the pathway.

Furthermore, height sensors convey a signal to the self-levelling module, which initiates the compressor and ultimately regulates the suspension settings. This peculiarity drives the automotive air suspension market across the globe. As per our analysis, the Global Air Suspension Market Size was valued at US$ 5.10 Billion in 2020.

Regional Analysis of Global Automotive Air Suspension

The Global Automotive Air Suspension Market is divided into Asia Pacific, Europe and North America. The Asia Pacific is anticipated to behold promising growth of the automotive air suspension market during the forecast period due to technological progressions in this region and significant key players in countries like China, India, and Japan. Europe is expected to show sturdy growth in the market during the forecast period. The expanding adoption of technologically advanced products with enhanced technical capabilities is also likely to drive the market in this region.

global automotive air suspension market

COVID-19 Impact on Global Automotive Air Suspension Market

The outbreak of COVID-19 has rigorously reshaped the overall supply chain of the industry. The halt in production and logistics formed due to the pandemic has hit raw material suppliers of the global automotive industry. The sector suspended its day to day functioning due to COVID-19 during the beginning of the second quarter of 2020. This situation influenced the automotive air suspension market, particularly in European & North American countries, as the growth of this market is undeviating correlated to the production of carriers. However, the demand for suspension systems is awaited to rise, reflecting 2021 as the restoration period, where the automotive air industry is presumed to showcase growth.

The Global Automotive Air Suspension Market is profoundly fragmented, with prime manufacturers across the global market. In our report, we have studied a few of the key players performing in the Global Automotive Air Suspension Market are BWI Group, Continental AG, Hitachi Ltd., Mando Corporation, ThyssenKrupp AG and WABCO (Acquired by ZF Friedrichshafen AG)

Renub Research report titled “Automotive Air Suspension Market, Global Forecast by Technology (Electronic & Non- Electronic), Application (Cars, Trucks, Buses, Light Commercial Vehicles), Component (Air Spring, Shock Absorber, Air Compressor, Electronic Control Unit (ECU), Tank, Solenoid Valve, Height & Pressure Sensor, Others), Regions (North America, Europe, Asia Pacific, Rest of the World), Company (BWI Group, Continental AG, Hitachi Ltd., Mando Corporation, ThyssenKrupp AG and WABCO [Acquired by ZF Friedrichshafen AG])” provides complete insights on Global Automotive Air Suspension Industry.

Request a Free Sample Copy of the Report: https://www.renub.com/request-sample-page.php?gturl=automotive-air-suspension-market-p.php

By Technology – Automotive Air Suspension Market has been covered from 2 viewpoints:

  1. Electronic
  2. Non Electronic

By Application – Automotive Air Suspension Market has been covered from 4 viewpoints:

  1. Cars
  2. Trucks
  3. Buses
  4. Light Commercial Vehicles

By Component – Automotive Air Suspension Market has been covered from 8 viewpoints:

  1. Air Spring
  2. Shock Absorber
  3. Air Compressor
  4. Electronic Control Unit (ECU)
  5. Tank
  6. Solenoid Valve
  7. Height & Pressure Sensor
  8. Others

automotive air suspension market growth

By Region – Automotive Air Suspension Market has been covered from 4 regions:

  1. Asia Pacific
  2. Europe
  3. North America
  4. Rest of the World

All key players have been covered from 3 viewpoints:

• Overview
• Recent Development & Strategies
• Financial Insight

Companies Covered:

  1. BWI Group
  2. Continental AG
  3. Hitachi Ltd.
  4. Mando Corporation
  5. ThyssenKrupp AG
  6. WABCO (Acquired by ZF Friedrichshafen AG)

About the Company:

Renub Research is a Market Research and Consulting Company. We have more than 10 years of experience especially in international Business-to-Business Researches, Surveys and Consulting. We provide a wide range of business research solutions that helps companies in making better business decisions. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses. Our wide clientele comprises major players in Healthcare, Travel and Tourism, Food & Beverages, Power & Energy, Information Technology, Telecom & Internet, Chemical, Logistics & Automotive, Consumer Goods & Retail, Building and Construction, & Agriculture. Our clients rely on our market analysis and data to make informed knowledgeable decisions. We are regarded as one of the best providers of knowledge. Our pertinent analysis helps consultants, bankers and executives to make informed and correct decisions.

Our core team is comprised of experienced people holding graduate, postgraduate and PhD degrees in Finance, Marketing, Human Resource, Bio-Technology, Medicine, Information Technology, Environmental Science and many more. Our research helps to make business decisions: on strategy, organization, operations, technology, mergers & acquisitions etc. We support many blue chip companies by providing them with findings and perspectives across a wide range of markets. Our research reports offer a blend of information insight, analysis and forecasting that is essential in today’s ultra-competitive markets.

Contact Us:
Renub Research
Phone No: +1 678–302–0700 (USA) | +91–120–421–9822 (IND)
Email: info@renub.com
Web: https://www.renub.com
Follow on Linkedin: https://www.linkedin.com/company/renub-research

Industrial Enzymes Market Share, Size , Global Forecast by 2027

Enzymes are biological catalysts; they accelerate a chemical reaction. Globally, enzymes are used in industries like Biofuel, cleaning products/detergents, food, animal feed, textile and speciality. Further, the market for industrial enzymes is continuously rising, owing to the growing need for sustainable solutions. Advancement in biotechnology, especially in protein engineering, has also brought in new probiotic products, driving the industrial enzymes market to the next level. According to Renub Research, the Global Enzymes Market is projected to reach US$ 17.4 Billion by 2027.

industrial enzymes market

Carbohydrases, Amylases, Cellulases, Proteases and Lipases are major variants existing in the global Enzymes Market. By Types, these enzymes are used in numerous industries. For instance, the food industry primarily uses carbohydrases in baking for manufacturing fruit juices, winemaking and cheese manufacturing. Similarly, other applications of Carbohydrases are detergents, textiles & leather, and bioethanol. Carbohydrases also have added advantages to various industrial applications due to their low cost, less time & space consumption, and ease in modifying and optimizing the process. The Industrial Enzymes Market Size was estimated at US$ 10.6 Billion in 2020.

Besides, protease enzymes are widely used in the Speciality Industries. The Speciality Industry uses protease enzymes in a large quantity in the manufacturing of medicines. Protease enzymes treat multiple diseases such as lungs, heart, eye abnormalities, digestive tract, skin ulcers, and soreness. Thus, the Speciality Industry is expected to fuel the demand for protease enzymes in the foreseeable future. Also, with the help of developing science and technology, protease enzymes are used in the several bio-meditation process and leather treatments.

Furthermore, the Industrial Enzymes Market in North America is influenced by rising demand for enzymes from the food industry and significantly has a large consumer base by countries in the region. Nonetheless, the market in Asia-Pacific is owing to sound growth opportunities induced by soaring demand for carbohydrase and proteases in the applications of the pharmaceutical and food industry, remarkably in emerging countries such as China, India, and Japan. These countries have started investing in the biotech sector to introduce more effective global enzyme products.

Additionally, expanding investment in the food and beverage and pharmaceutical industry is anticipated to stimulate the overall industrial enzymes market. With improving disposable income, customer can now afford expensive food product, which is further expected to increase the demand for industrial enzymes products. As per our analysis, The Industrial Enzymes Industry will likely grow at a CAGR of 7.34% from 2020-2027.

Nevertheless, stringent supervision and controlled temperature & PH levels of enzymes await to restrict the market’s growth to some extent. On the other hand, concerns associated with quality, safety, and consumer perception towards enzymes is the key challenge of this market.

By Sources, the Industrial Enzymes Market has been fragmented through microorganisms, plants and animals. The microorganism is the most common source of industrial enzymes holding one of the highest shares in the market.

By Application, the Global Enzymes Market has been segregated into Bio-fuel Enzymes, Cleaning Product Enzymes, Food Enzymes, Animal Feed Enzymes, Textile Enzymes and Specialty Enzymes. Amongst the segments, Specialty Enzymes Market holds a significant market existence.

By Region, we have covered North America, Asia-Pacific, Europe and the Rest of the World.. Furthermore, the Asia-Pacific region is expected to witness the highest growth in the forecasted period and is anticipated to nurture its dominance in the future years.

Some major companies operating in the industrial enzymes market are BASF SE, Advanced EnzymeTechnologies, Novozymes, DuPont Danisco, DSM and Kerry Group PLC.

enzymes market

COVID-19 Impact on Global Enzymes Market

The spread of COVID-19 across the globe has positively impacted the overall Industries. The rising adoption of enzymes in multiple industries such as Cleaning Product, Food, Animal Feeds, and Specialty has to propel the market growth during the COVID-19 pandemic as consumers across the world have become more alert and conscious towards their health and lifestyle.

However, Biofuel and Textile Enzymes Market’s growth has been hampered by the COVID-19 pandemic. The lockdowns, social distances, and the shutdown of production plants globally have impacted the automotive industry, which in turn, negatively influenced the biofuel industry.

Similarly, the Textile Enzymes Market is no different; the operations of numerous textile industries had either been temporarily halted or were functioning with a minimal workforce due to enforced lockdowns and imposed restrictions by respective governing bodies. This factor has a significantly negative impact on the revenue growth of the Textile Enzymes Market.

Renub Research latest report “Industrial Enzymes Market Global Forecast by Types (Carbohydrases, Amylases, Cellulases, Proteases, Lipases), Source (Microorganism, Plant, Animal), Application(Bio fuel, Cleaning Product, Food, Animal Feed, Textile, Specialty), Region (North America, Europe, Asia Pacific, Rest of the World), Company (BASF SE, Advanced Enzyme Technologies, Novozymes, DuPont Danisco, DSM, Kerry Group PLC)” provides a detailed analysis of Enzymes Market.

Request a Free Sample Copy of the Report: https://www.renub.com/request-sample-page.php?gturl=industrial-enzymes-market-p.php

By Types market has been covered from 5 viewpoints:

  1. Carbohydrases
  2. Amylases
  3. Cellulases
  4. Proteases
  5. Lipases

By Source market has been covered from 3 viewpoints:

  1. Microorganism
  2. Plant
  3. Animal

By Application market has been covered from 6 viewpoints:

  1. Bio fuel Enzymes
  2. Cleaning Product Enzymes
  3. Food Enzymes
  4. Animal Feed Enzymes
  5. Textile Enzymes
  6. Specialty Enzymes

global enzymes market

By Regions market has been covered from 4 viewpoints:

  1. North America
  2. Europe
  3. Asia-Pacific’s
  4. ROW

Company Insights:

• Overview
• Company Initiatives
• Sales Analysis

Companies Covered:

  1. BASF SE
  2. Advanced Enzyme Technologies
  3. Novozymes
  4. DuPont Danisco
  5. DSM
  6. Kerry Group PLC

About the Company:

Renub Research is a Market Research and Consulting Company. We have more than 10 years of experience especially in international Business-to-Business Researches, Surveys and Consulting. We provide a wide range of business research solutions that helps companies in making better business decisions. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses. Our wide clientele comprises major players in Healthcare, Travel and Tourism, Food & Beverages, Power & Energy, Information Technology, Telecom & Internet, Chemical, Logistics & Automotive, Consumer Goods & Retail, Building and Construction, & Agriculture. Our clients rely on our market analysis and data to make informed knowledgeable decisions. We are regarded as one of the best providers of knowledge. Our pertinent analysis helps consultants, bankers and executives to make informed and correct decisions.

Our core team is comprised of experienced people holding graduate, postgraduate and PhD degrees in Finance, Marketing, Human Resource, Bio-Technology, Medicine, Information Technology, Environmental Science and many more. Our research helps to make business decisions: on strategy, organization, operations, technology, mergers & acquisitions etc. We support many blue chip companies by providing them with findings and perspectives across a wide range of markets. Our research reports offer a blend of information insight, analysis and forecasting that is essential in today’s ultra-competitive markets.

Contact Us:
Renub Research
Phone No: +1 678–302–0700 (USA) | +91–120–421–9822 (IND)
Email: info@renub.com
Web: https://www.renub.com
Follow on Linkedin: https://www.linkedin.com/company/renub-research

3D Printing Powder Market will be US$ 7.8 Billion opportunity by 2027

3D printing powder is a digitally controlled device used to manufacture a three-dimensional object from the powder fed into 3D printers. 3D printing is called additive manufacturing, which involves stacking sequential layers of raw materials until the thing takes the desired form, i.e. a three-dimensional object. Fascinating pure metals such as platinum, gold, silver, and palladium are utilized to make 3D printing powder of different types. On the other hand, technologies such as laser sintering are used to create 3D prints in materials such as polyamide, aluminide, rubber, and titanium. According to the Renub Research report, 3D Printing Powder Market is expected to be a US$ 7.8 Billion opportunity by 2027.

3D Printing Powder Market by By Form, Companies, Forecast

3d printing powder market

COVID-19 IMPACT on 3D Printing Powder Industry

The covid-19 pandemic has severely affected many industries. It has halted the production process and led to a shortage of raw materials thus, hampering the trade cycle. Due to all these factors, the 3D printing powder market is also getting affected. The industries where 3D printing powder is used, i.e. from aerospace and oil and gas, were non-operation for few months in this pandemic situation. Therefore, the demand for 3D printing powder has declined significantly in the year 2020. However, post COVID as we expect the 3D Printing Powder Industry to move northward. As per our analysis, the Global 3D Printing Powder Market was valued at US$ 1.6 Billion in 2020.

3D Printing Powder Uses in Industry

Various industries such as aerospace, architecture, medical, defense, and automotive have significantly upped their intake of 3D-printed products. Printing powders are extensively used courtesy of the rising demand across these productions. One of the dominant consumers of 3D printing powder is the aerospace and defence industry.

The applicability of 3D printing powders in the defence and aerospace industry is in missiles, airbuses, and engine parts. The use of 3D printing powder ensures excellent toughness and durability in the end-products while also helps in the weight-reduction of the substrate on which it is used and quick production of products based on new designs.

Regional Market for 3D Printer Powder

In our report, the global 3D printing powder market studies all major three regional markets, including North America, Europe and Asia-Pacific. The Asia Pacific market awaited to signify an assuring market opportunity and observe a rise in its share during the forecast period. Additionally, expanding the 3D printing powder market in the Asia Pacific is primarily ascribed to the economy’s evolution and evolving financing in technology in the region. Further, the rising rate of urbanization in the area would also boost the revenue for the 3D printing powder demand in the region. According to Renub Research, the global demand for 3D Printing Powders Industry will grow with a staggering CAGR of 25.40% from 2020 to 2027.

Factors Driving the 3D Printer Powder Market

The rise in investments by technologically advanced start-ups and government agencies anticipate bolstering the market growth globally during the forecast period. Besides, augmented technological advancements in the 3D printing market are also likely to enhance the 3D printing powder market. Moreover, the decline in development costs will also lead to a rise in the availability of powder-based 3D printing to other industries. In addition, they expect growth in other applications such as consumer durable goods printing, accessories, and ornamentation.

global 3d printing powder market

The players operating in the global 3D printing powder market are Sandvik AB, Carpenter Technology Corporation, 3D Systems Corporation, Renishaw PLC and Voxeljet AG. Thus with the above studies, we can conclude that with the extensive growth of the 3D printed commodities business, the market for 3D printed products has also enlarged.

Renub Research latest report “3D Printing Powder Market Global Forecast by Form (Plastics, Metal, Ceramic, Other), Application (Automotive, Aerospace & Defense, Medical, Architecture/Construction, Others), Product (Titanium, Nickel, Steel, Aluminium, Others), Region (North America, Europe, Asia Pacific, Rest of the World), Company (Sandvik AB, Carpenter Technology Corporation, 3D Systems Corporation, Renishaw PLC, Voxeljet AG)” provides a detailed analysis of 3D Printing Powder Market.

Request a Free Sample Copy of the Report: https://www.renub.com/request-sample-page.php?gturl=3d-printing-powder-market-p.php

Form – 3D printing powder market have been covered 4 viewpoints:

  1. Plastics
  2. Metal
  3. Ceramic
  4. Other

Application – 3D printing powder market have been covered from 5 viewpoints:

  1. Automotive
  2. Aerospace & Defense
  3. Medical
  4. Architecture/Construction
  5. Others

Product – 3D printing powder market have been covered from 5 viewpoints:

  1. Titanium
  2. Nickel
  3. Steel
  4. Aluminium
  5. Others

3d printing powder industry

Region – 3D printing powder market have been covered from 4 viewpoints:

  1. North America
  2. Europe
  3. Asia Pacific
  4. Rest of the World

All companies have been covered from 3 viewpoints

• Overview
• Recent Development
• Revenue

Company Analysis:

  1. Sandvik AB
  2. Carpenter Technology Corporation
  3. 3D Systems Corporation
  4. Renishaw PLC
  5. Voxeljet AG

About the Company:

Renub Research is a Market Research and Consulting Company. We have more than 10 years of experience especially in international Business-to-Business Researches, Surveys and Consulting. We provide a wide range of business research solutions that helps companies in making better business decisions. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses. Our wide clientele comprises major players in Healthcare, Travel and Tourism, Food & Beverages, Power & Energy, Information Technology, Telecom & Internet, Chemical, Logistics & Automotive, Consumer Goods & Retail, Building and Construction, & Agriculture. Our clients rely on our market analysis and data to make informed knowledgeable decisions. We are regarded as one of the best providers of knowledge. Our pertinent analysis helps consultants, bankers and executives to make informed and correct decisions.

Our core team is comprised of experienced people holding graduate, postgraduate and PhD degrees in Finance, Marketing, Human Resource, Bio-Technology, Medicine, Information Technology, Environmental Science and many more. Our research helps to make business decisions: on strategy, organization, operations, technology, mergers & acquisitions etc. We support many blue chip companies by providing them with findings and perspectives across a wide range of markets. Our research reports offer a blend of information insight, analysis and forecasting that is essential in today’s ultra-competitive markets.

Contact Us:
Renub Research
Phone No: +1 678–302–0700 (USA) | +91–120–421–9822 (IND)
Email: info@renub.com
Web: https://www.renub.com
Follow on Linkedin: https://www.linkedin.com/company/renub-research