Are On-Demand Riding Services Going To Supplant New Vehicle Purchase?

Transportation is the backbone of any country and its burgeoning use among the population across the globe due to rapid urbanization is giving rise to the adoption of new kind of mobility services among them. Mobility Services like on-demand riding services that includes ride-hailing/ridesharing, carsharing, bikesharing, mobility-as-a-service, and car rental are the transportation solutions enabled by emerging technologies and wireless connectivity that allow for more convenient and efficient travel. These services are fast gaining grounds not only in developed countries like the United States, Germany, the United Kingdom, and others but also in developing countries like India.

On-demand ride sharing services has expanded at an impressive rate in the past few years. The concept has enabled users to have access to transportation modes for a short-term and as per requirement basis. The burgeoning internet and Smartphone penetration has played a quintessential role for this segment and has led to a number of providers to come up with ridesharing and car rental services. Uber, Ola, Blah-Blah Cars, Lyft, and Turo are some of the prominent players of this industry that have gained significant market share in recent years. 

COMPARISON OF FEATURES OFFERED BY FOUR MOBILITY SERVICE PROVIDERS

 

The industry has attracted a huge investment from the players across the globe that has driven its market growth. Recently, on July 2019, Toyota has invested $600 million in ride-hailing service Didi to strengthen its presence in the shared mobility service market. Cost-benefit associated with them along with the rising consciousness among the customers regarding their travel expenses as the oil prices reach a new high day by day are luring a large pool of customers, particularly the millennial group, to opt for these services. Thus, the on-demand ride services are here to stay are poised to grow at CAGR of 6.25% during the period 2018-2024 as per Knowledge Sourcing Intelligence Analysis.   

 

Shared Mobility and Auto Industry: 

Recognizing the emerging trend of ride-sharing and growing concern related to road congestion and air pollution, the government in many countries is promoting such riding services and is taking measures to make policies to promote ride sharing in the country. Recently, in October 2018, the government of India planned model legislation for states that outlined the fiscal and non-fiscal incentives that can be offered to promote shared mobility. They encouraged all modes of shared mobility, including peer-to-peer platforms that provide car rental, carpooling, ridesharing services to the customers. This has greatly benefitted peer-to-peer transportation providers like Uber and Ola that are branching out into short-term car rental services. As a consequence, India car rental market is poised to grow at a substantial rate in the upcoming years.

However, many have speculated that the burgeoning adoption of such services is going to have a negative impact on the automobile sector. As per Nirmala Sitharaman’s statement on September 2019, Union Finance Minister of India, the automobile industry in the country has been under tremendous pressure and one of the contributing reasons for that is the changing mindset of the Millenials who prefers Ola and Uber services over purchasing a new vehicle. On similar lines, a statement was made by Anand Mahindra, Chairperson of the Mahindra Group, in 2015 that the age of access being offered by taxi-hailing apps like Uber and Ola is the biggest potential threat to the auto industry that could impact auto sales and their volume.

Conclusion:

In my view, the business models introduced by the new mobility services will not supplant the automotive sector rather it will contribute in the mobility revolution. Globally, they are a part of a gradual change in travel behavior towards a multimodal system that will allow automakers to adapt to this change and maintain their market position, despite the growing diversification of the transportation sector. This can be substantiated from the fact that automakers like General Motors in March 2018, has launched a kind of Airbnb for cars through its Maven car-sharing unit intending to enter into the car rental space and transition from manufacturer to mobility provider. After GM’s stock stagnated for years as investors worried over peaking car sales, the shares rose to a record high as its services like Mavin and self-driving plans gained traction among the investors. Also, with other automakers investing and partnering with tech companies to leverage the car rental market, the global car rental market is set to grow at a CAGR of 9.18% to reach a market size of US$106.211 billion by 2022 as per Knowledge Sourcing Intelligence Analysis. 

With respect to the Indian scenario, the state of automobile sector is due to a number of factors that includes Supreme Court judgment to ban the sales of Bharat Stage 4 vehicle from 1st April 2020 and introduction of BS-VI emission norms. This coupled with GST on automobiles and growing inflation is hurting the consumer’s purchasing power as a result of which they are deferring their purchase of the new vehicle, and are relying on riding sharing services provided by Uber, Ola, and Blah-Blah cars for transportation. This is further backed by Shashank Srivastava, Maruti’s Executive Director, which stated that millennial opting for ride-hailing services like Ola and Uber may not be strong to contribute to the current state of the slowdown as these services came into existence during the last 6-7 years during which auto industry also witnessed its best time.   

About the Author:

Shaurya Gupta, a Market Research Analyst at KSI, works on syndicated market research reports on multiple industries spanning from IoT to the automotive industry and have expertise in chemicals domain. With the addition to her formal education in Electronics and Communication, Mathematics, and Chemistry, she is able to provide more light on the macro aspects of the story. To read more articles by her, and for more information regarding multiple global markets, visit www.knowledge-sourcing.com.

Global Influenza Vaccine market is projected to grow at CAGR of 6.37% during the forecast period

The recent study on the global influenza vaccine market covers an in-depth analysis of the market on the basis of vaccine technology, end-user, and geography. The report also covers the country level analysis within the regions as well. Additionally, the report covers the key trends in the market along with drivers and restraints during the forecast period 2019-2024. According to the report titled “Global Influenza Vaccine Market – Forecasts from 2019 to 2024”, the market is expected to increase from US$5.209 billion in 2018 to US$7.547 billion by 2024, at a CAGR of 6.37 percent during the projected period. The report is segmented by vaccine technology as Trivalent and Quadrivalent; by end-user as Children, Adolescents, Adults, and Elderly; and by geography as North America (USA, Canada, Mexico, and Others), South America (Brazil, Argentina, and Others), Europe (Germany, France, United Kingdom, Spain, and Others), Middle East and Africa (Saudi Arabia, Israel, and Others), and Asia Pacific (China, Japan, South Korea, India, and Others). 

The global influenza vaccine market is poised to propel during the forecast period owing to the importance of vaccination in order to prevent infection and serious outcomes caused by influenza viruses. Prevalence of people who are at high risk of serious influenza complications is driving the market growth in the forecast period. Furthermore, advancements in vaccine technology in addition to rising R&D expenditure will provide an opportunity for the growth of the global influenza vaccine market during the forecast period and beyond.

Prevalence of people at high risk of serious influenza complications is boosting the market demand for influenza vaccines during the forecast period.

There is a prevalence of people worldwide who are at high risk of experiencing serious flu complications. These include elderly people (people of age 65 years or older), babies or young children (6-59 months), pregnant ladies, people suffering from cardiovascular diseases, individuals suffering with chest problems like asthma or bronchitis, people with kidney disease, diabetes patients, individuals taking steroids, people undergoing cancer treatment, people suffering from long-term illnesses reducing the functioning of body’s immune system, and healthcare workers. Thus, this calls for a high demand for influenza or flu vaccines which help in reducing the infections caused by seasonal flu viruses, emanating the market growth during the forecast period.

North America holds a dominant share in the market

The North America influenza vaccine market is expected to hold the largest market share with the highest health spending of the United States among the industrialized nations and the early adoption of technology.  Also, the growing geriatric population, high prevalence of cardiovascular diseases due to the adoption of unhealthy living conditions are fueling the market growth in this region. Furthermore, the stakeholders in the United States are moving from volume-based to value-based care by reforming policies, programs promoting operational efficiency, technology use, population health management, wellness, and addressing the social determinants of health. There is a shift in the healthcare market dynamics owing to the better patient outcome at lower costs. In addition, the growing trend of preventive care is also driving the market growth during the forecast period.

 

 

“Welcome Back Spiderman!”

It feels like he never left: Spider-Man is back in Marvel Cinematic Universe (MCU) which is owned by Disney. Spider-man fans are delighted after Sony Pictures and MCU announced the third spider man movie with Tom Holland after negotiations between the two, keeping the doors open for spider man to appear in any future Avengers movie.

About Spider-Man

Spider-Man is one of the most affluent characters, created by the legendary writer and editor late Stan Lee in the 1960s. In 1980 Marvel before the Disney US$4.24 billion acquisition of the comics company in 2009 put it on sale because at that time superhero movies weren’t as attractive money makers as they are today. The film rights were sold to Sony in 1999 for a reported US$7 million. Besides, the success of Spider-Man played by Tobey Maguire in 2002, which became a huge box office success for Sony, prompted Marvel to enter the superhero flick game themselves. But Sony’s second effort starring Andrew Garfield, directed by Marc Webb was far less successful resulting in sending the company back to the drawing board.

In addition, the Spider-Man game for PS4 is one of the highest-selling games, and with the growing popularity of the Spider-Man character among the younger generation across the globe, the market for the gaming console is expected to witness significant growth in the coming years.

The Deal

Marvel has long wanted to show Spider-Man in its movies, but since Sony controlled the rights to the character since 1999, it failed to do so. Marvel originally wanted to buy back Spider-Man from Sony but had to satisfy with its partnership in 2015 which enabled both Sony and Marvel to mutually benefit at the box office by having Spider-Man appear in their movies. The deal turns out to be cheaper (more like free), as Marvel Studios didn’t pay Sony Pictures for the rights to put Spider-Man in “Captain America: Civil War and the multi superhero franchise movie “Avengers”, simultaneously Marvel didn’t receive a share at the box office for any Sony films that featuring Spider-man. Also, Sony didn’t receive any percent of the revenue Disney made from Marvel's films featuring Spider-Man. The agreement gave more power to MCU, as Sony was able to profit off only two successful solo movies while the Marvel studios were able to put Spider-Man in three MCU films whose revenue far exceeded that of Sony solo films.

In addition, Spider-Man has always been a box office hit for the last twenty years, since Sam Raimi’s Spider-Man in 2002 which grossed over eight hundred million USD worldwide. Even the first three original movies grossed over USD700 million. While both of the movies under rebooted franchise with Andrew Garfield grossed less than the original series which is considered one of the prime reasons for the deal with Marvel in 2015. Besides, the latest Spider-Man: Far From Home is one of the highest-grossing movies distributed by Sony Pictures with more than US$1.13 billion in box office collection this year. Furthermore, Spider-Man: Far From Home and PepsiCo teamed up for global action-packed promotional partnerships, such partnerships are expected to increase in the coming future due to the strengthening of the brand image of Spider-Man as a superhero thus augmenting the market growth opportunities for food inclusions market.  

This year, news broke that Disney and Sony have reached a stalemate over a new deal. Disney wanted the movie to be financed on an equal ratio with MCU president Kevin Feige remaining in a consulting producer capacity. While Sony is believed to stay on the existing terms which specify that Marvel will receive about 5% of first-dollar gross and all of the merchandising revenues resulting in no concrete outcome. 

On one hand, Sony received critical acclaim with the 2018 Academy award-winning animated movie “Spider-Man: Into the Spider-Verse” and also company made lots of money with “Venom” which makes its cinematic debut, while on the other hand Marvel movies Avengers franchise featuring Spider-Man were considered as the all-time block blusters. Besides, Spider-Man leaving the MCU would be considered a disaster for Disney, leaving both companies to negotiate a new deal in which both sides can move forward with one of the most popular superhero brands.

Finally, this September the two companies hammered out a deal and announced the third film in the Spider-Man Homecoming series featuring Tom Holland in a lead role. This came after the confirmation statement given by both companies, even Tom Holland the lead actor in the movie posted “I am not leaving” on social networking sites making it a clear move. Moreover, after the deal, the film is scheduled for release in July 2021. According to the newspapers citing sources, the deal between both companies is finalized on certain grounds including Disney co-financing 25% of the third Homecoming film for a quarter of the equity stake. The deal also calls for Spider-Man appearing in one more Marvel movie. It is considered a win-win situation for both the production giants, which t is likely to give Sony another USD1 billion grossing movie along with the more than eight percent distribution fee.

So, to conclude, it was a much-awaited deal for Spider-Man fans. There is also a lot of ecstatic screaming as well as back-patting from fans saying “yes we did it”. Even the MCU President stated that they are thrilled that Spidey’s journey in MCU will continue and Marvel studios are very excited that they get to keep working on it. This deal has a great impact on the global media and entertainment industry. However, Sony and Disney’s collaborative effort to revolutionize the superhero franchise through the adoption of the latest technologies like video editing and streaming software bound to boost this particular market in the coming years. Similarly, such collaborative efforts are not only going to aid video editing software market but will also push its competitors such as DC comics superheroes, to adopt the latest technologies. Disney is also planning to launch its video-on-demand streaming subscription service which will further propel the market growth opportunities for solution providers. All in all, there was too much money involved on the table and also future potential for both companies was at stake; luckily deal cracked out this time for both sides.

 

About the Author:

Rajat Sudan is a Market Research Analyst at Knowledge Sourcing Intelligence, working on estimates and global/regional specific reports on multiple industries ranging from agriculture to semiconductor, with a special knack for packaging and ICT. With the addition of his formal education in Economics, Mathematics, and Finance, he is able to provide more light on the macro aspects of the story. To read more articles by him, and for more information regarding multiple global markets, visit https://www.knowledge-sourcing.com.

Function as a Service (Faas) Market to grow at a CAGR of 18.37% between 2019 and 2024

The report published by Knowledge Sourcing Intelligence titled “Function as a Service (FaaS) Market- Forecast From 2019 to 2024” studies the various factors affecting the demand for Function as a Service (FaaS) across the globe. The report has been segmented by deployment model (public, private, and hybrid), by enterprise size (small, medium, and large), by end-user industry (BFSI, communication and technology, retail, media and entertainment, and others), and by geography, covering five regions namely North America, South America, Europe, Middle East and Africa and the Asia Pacific, and some of the major economies in each of these regions.

Rising focus of enterprises towards agility of infrastructure and cost reduction is significantly driving the growth of function as a service market. Growing popularity of serverless computing on account of ease of deployment and management associated with it along with cost savings over the past few years is another factor behind the growth of function as a service market. However, incompatibility of various applications in cloud environment is hindering the growth of function as a service market.    

Communication and Technology holds significant market share

By end-user industry, Function as a Service (FaaS) market is segmented into BFSI, communication and technology, retail, media and entertainment, and others. Communication and technology segment holds significant market share during the projected period. Function as a service helps organizations to develop apps in a cost-effective manner while speeding up the process. Rapid rise in the adoption of cloud computing will continue to bolster the growth of function as a service market across communication and technology segment throughout the forecast period.   

APAC witnessing significant CAGR between 2019 and 2024

Geographically, Function as a Service (FaaS) market is segmented into North America, South America, Europe, Middle East and Africa, and Asia Pacific. North America accounted for a significant market share in 2019 owing to the early adoption of new technologies and presence of major market players in the region. High adoption of cloud computing across various end-use industries in North American countries is also contributing to the growth of function as a service market in this region. APAC will witness a significant CAGR during the forecast period owing to rising volume transactions and increasing adoption of cloud computing in countries like China and India.      

This report also includes a study of strategies and product portfolios of some of the leading companies in the Function as a Service (FaaS) market. It consists of company profiles of the leading companies- IBM, Amazon Web Services, Google, and Microsoft, and others.  

 

Contact:

Knowledge Sourcing Intelligence LLP
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Apple’s Big Special Event – A Hit or a Miss?

Last night marked the date for the annual Apple Special Event, held at the Steve Jobs Theater in Cupertino, California, United States. The event, much like last year, was to showcase the upcoming hardware offerings by Apple, with the primary focus being the upcoming iPhones, but before jumping into that, let's go through the other product lineups that the company had to offer.

Apple TV+

Apple is also hopping on to the booming video streaming services market bandwagon with the launch of Apple TV+. It is a monthly paid service that gives access to multiple exclusive Apple originals, without any ads, and support for Dolby Atmos, for up to 6 family members for just US$4.99 per month. To get more traction, Apple is also offering a 7-day trial for all users, and a free 1-year subscription on the purchase of a new iPhone, iPad, iPod Touch, Mac, or Apple TV.

The new iPad

Among the plethora of products in Apple’s iPad lineup, ranging from the iPad mini to the Pro, only the OG iPad got an uplift. The screen got a bump up to 10.2 inches from 9.7, while maintaining the same pixel density as before. In addition to that, the iPad also got some feature updates such as the inclusion of the Apple Smart Connector, eSIM support, Gigabit-Class LTE-A, and more. And even though other aspects such as the processor itself still stayed the same, at a starting price of US$329 for the WIFI only 32GB model, makes it a pretty good value for money.

The 5th generation Apple Watch

Ever since the introduction of the Apple Watch, it has led to a disruption in the global smartwatch market. Apple started off this year’s Apple watch unveiling with a very heartwarming video made by apple and some of the users of the previous generation of Apple watches, showing how Apple watch not only transformed people’s lives but also helped save multiple, and this was the stepping stone for the company towards the improvements that Apple brought to the next-generation Apple Watch. Nifty features such as a notification update in case of heartbeat irregularities, applications to track mensural cycles, a Noise app to let users know when outside sound can be damaging to their years, and the list goes on. This not only has assisted in increasing the popularity of smartwatches around the globe but has also led to an astounding impact on the wearable healthcare devices market. Not only that, the watch now also features an integrated compass, which along with measuring which direction you are facing, also measures your elevation, incline, and latitudinal and longitudinal position. Plus, the watch features all the other cool things from the previous generation like support for Apple Pay, access to cloud music services, among other things. Oh, and before I forget to mention this, the watch also does, tell time.

Apple Arcade

Apple Arcade was already unveiled by the company back in the year and now has finally put a release date and price on it. The Xbox’s GamePass like service allows users to access a multitude of titles at a fixed monthly price. Apple Arcade is set to launch on September 19th and will cost US$4.99/month. Users can also access one-month worth of service for free on signup and can share access with up to 6 family members.

The Brains of the iPhone – the A13 Bionic

Before we jump onto the star of the show, we need to talk about what is powering Apple’s next flagship. The A13 is Apple’s latest and greatest microprocessor featuring a set of 2 performance CPUs, and 4 efficiency CPUs with 20% faster performance and up to 40% less power draw compared to the previous generation chipset. Moreover, it also boasts of having the world’s fastest GPU ever on a smartphone. The chip also features a 3rd generation 8 core neural engine AI accelerator and 4 Gigs of LPDDR4X ram. In terms of raw number-crunching performance, this chip is very tough to beat. That combined with the in-house and fully compatible development of the software to run this chip further amplifies the potential of the chip even further. However, the chip lacks any 5G modem, and thus won’t be able to tap into the new wave of 5G network spreading across the globe at an unprecedented scale. In addition to this, the growing integration of this chipset from smartphones to tablets and more is also projected to bring a positive impact on the global microprocessor market.

TABLE 1:            Popular mobile microprocessors specification comparision

Processor Comparison

The iPhones

Now coming to the part everyone is waiting for, the iPhone 11. The iPhone 11 features, that uber-powerful A13 chipset talked about above, a set of dual cameras, a liquid retina HD display, and more, and is more of a successor to the iPhone XR. And then to upgrade their premium/power user segment phones, the XS and the XS Max, Apple unveiled the 11 Pro and the 11 Pro Max. Like the previous generation, these two phones provide the absolute best that Apple has to offer. The display is the company’s newly named Liquid Retina XDR display, which has complete HDR support, with a pixel density of 458 PPI. The smaller one is available in a 5.88” screen size while the bigger one boasts a 6.5” display. The phones also offer a triple camera setup with multiple integrated AI features such as night mode, smart HDR for photos, and more. Furthermore, the front camera also kept the TrueDepth 3D smartphone camera with multiple shooting modes and enabled Apple’s Face ID facial recognition system. Moreover, Apple also announced that due to the great power-saving advantages granted to them by the A13 Bionic chip, all the new iPhones offer considerable battery advantages in comparison to their previous generation counterparts.

TABLE 2:            Top premium segment smartphones comparison

Aside from that, not only Apple and tech fanatics were excited about that event, multiple investors were too. Apple’s stocks have been on a roller-coaster ride in the past year, and the company’s September events have influenced the company’s stocks multiple times. The company saw major falls in the months of December, May, and August, and the investors were looking up to this event for a surprise announcement by Apple. But in terms of sheer products, the event did disappoint a lot of fans and investors, and it seemed like multiple investors would sell their stake in the company, but the introduction of subscription services and integration with multiple 3rd party developers have resulted in the company’s stocks to show a 1.18% increase from 9th September to 10th September.

To sum it all up, the next generation of Apple’s smartphones is a great no compromised device, but it’s nothing we haven’t seen before. The event was a bit lackluster, not in terms of the content shown and made available by Apple, but regarding the fact that the products showcased did not have anything outstanding or industry-changing. It almost felt like Apple played safe in the hardware department this year while focusing more on improving the services provided, and the software experience in general. The features such as triple camera setup, the display, and almost everything else have already been available in the smartphone market and have also been a lot improved upon by some of its competitors. Also, even though 5G is not readily available in multiple markets around the globe and will still have a lot of scopes to improve in the coming 2-3 years, it seems kind of wrong to charge users US$1,000+ for a device and still not giving them an option to pick a 5G variant for some degree of futureproofing. However, Apple does deserve a lot of credit as they will be manufacturing all of the 7th gen iPads, 5th gen Apple Watch, and the iPhone 11 from 100% recycled aluminum.

But what about the competitors? Well, it seems like they got off the hook pretty easily this time around, as the products announced weren’t as surprising or innovative as hoped before. But still, Apple is a feared competitor in the premium smartphone market segment, primarily because of the company’s brand image. It is still the dominant smartphone brand in regions such as North America, and the launch of the newer iPhones is estimated to positively influence this share in the years to come. However, it is almost impossible to neglect the products being offered by the competitors with almost similar or better features at significantly lower prices, resulting in a huge chunk of premium smartphone users moving to the upper-middle smartphone range category, which is bound to negatively impact the sales of iPhones. However, to counter that, the approach that Apple has adopted since the last iteration of the iPhones has significantly helped them recover their sales. Last year the iPhone XR was the most sold iPhone, with the main reason for it being its price, and with the pricing trend which Apple has gone with this time, they are hoping to replicate the same thing with the iPhone 11, while still maintaining their dominance in the premium segment with the 11 Pro devices.

So, to conclude, there isn’t any major impact or difference that this year’s Apple event has brought to the global smartphones, tablets, and wearable devices market. However, Apple’s movement towards the video streaming services market, combined with the ample of resources that the company backs on, is bound to disrupt that market in the coming years. Similarly, video game subscription services market, is also an up and coming thing making its way to the consoles and media devices near you, and Apple’s recent announcement is not only going to aid that market but has also pushed its competitors such as Google, to fasten the launch of their video gaming pass for Android.

All in all, it was a good event by Apple showing a lot of promising products, however, it left multiple expectations unfulfilled.

About the Author:

Prithvi Gulati is a Market Research Analyst at KSI, working on estimates and global reports on multiple industries spanning from IoT to food and beverages, with a special knack for semiconductors and consumer electronics. With the addition of his formal education in Economics, Mathematics, and Commerce, he is able to provide more light on the macro aspects of the story. To read more articles by him, and for more information regarding multiple global markets, visit https://www.knowledge-sourcing.com.

Indonesia Animal Feed Market is projected to grow at CAGR of 4.01% during the forecast period to reach a market size of US$ 10.735 billion in 2024

The recent study on the Indonesia animal feed market covers an in-depth analysis of the market on the basis of type, livestock, raw material, and production systems. The report also covers the country level analysis within the regions as well. Additionally, the report covers the key trends in the market along with drivers and restraint during the forecast period 2019-2024. According to the report titled “Indonesia animal feed Market”, the market is expected to increase from US$ 8.479 billion in 2018 to US$ 10.735 billion by 2024, at a CAGR of 4.01% during the projected period.

The report has segmented the Indonesia animal feed market by type (fodder, forage, compound feed), by livestock (swine, aquatic animals, cattle, poultry, others), by raw material (soya, canola, rendered meal) and by production systems (integrated, commercial mill). Animal feed is products that are responsible for improving the health of animals. The feed is given in various doses depending on the animal. Animal health market is one of the emerging markets in the country which is driving the use of livestock feed in the coming years. Improving animal nutrient availability, digestibility and growing livestock population are some of the key drivers that are promoting the growth of animal feed during the forecast period. In addition, the rapidly growing population coupled with rising meat consumption is further expected to propel the market growth opportunities in the coming years.

Poultry Livestock Segment Is Expected To Account For A Significant Share In The Market

Poultry livestock segment in Indonesia animal feed market is estimated to have a significant share in terms of both value and volume in the global market and is further anticipated to grow during the forecast period on account of increasing consumption of poultry as the healthy source of protein in the country and rising poultry production. According to the Food and Agriculture Organization of the United Nation (FAO), chicken production in Indonesia has increased from 13496260 units in 2010 to 20533970 units in 2016. In addition, rapid urbanization and growing animal health awareness are further anticipated to boost the demand for poultry segment in the coming years.

Some of the major industry players profiled as part of the report are East Hope Group, Kemin Industries, Inc, Novus International, BASF SE, Novozymes, J.R. Simplot Company and Archer Daniels Midland Company among others.

About Us:

Knowledge Sourcing Intelligence (KSI) is a market research and consulting organization based out of India. KSI publishes research studies spanning across ten industry verticals. KSI has a team of experienced and young professionals with a singular focus on delivering high-quality research services to enterprises, non-government organizations, government agencies, and research institutes and organizations. We publish hundreds of reports per year centring on niche and latest technologies. We engage with key decision makers and stakeholders across the value chain to provide clients with a detailed analysis and bird’s-eye view of the market with whole market dynamics, statistical forecasts, competitive analysis, key trends, market drivers and challenges and strategic recommendations for making informed decisions. Our success lies in the effort of our analysts who strive to meet client expectations by delivering quality work within the stipulated deadlines.

Contact:

Knowledge Sourcing Intelligence LLP
Suite 406, BSI Business Park
H-140, Sector 63, Noida, U.P. – 201301 India
E: sales@knowledge-sourcing.com | P: +1-850-250-1698
 

The Demand for DRAM Memory has been decent increase and is projected to grow during the forecast period

The report published by Knowledge Sourcing Intelligence titled “DRAM Memory Market – Forecasts From 2019 To 2024” studies the various factors affecting the demand for DRAM Memory among end-users worldwide. The market has been segmented by type (ADRAM, SDRAM, RDRAM, others), and industry vertical (consumer electronics, communication and technology, automotive, manufacturing).

In conjunction with this, the demand for DRAM Memory has been estimated across major geographies namely Americas, Europe Middle East and Africa and Asia Pacific. To give a clearer view of this market across these geographies, the regional market has been further segmented into countries which account for a significant share in the market. DRAM is a form of random-access memory used to provide working memory. The demand for DRAM will witness a rise during the forecast period owing to their increasing usage in consumer electronics and communication devices due to their low costs and higher capacities. However, the cyclical nature of the semiconductor industry will pose a heavy restrain to the market in the coming years.

By industry vertical, consumer electronics will have a significant share in the market

DRAM has been used primarily in computers and other similar devices, thus capturing a significant share. The segment will also witness multiple growth opportunities during the forecast period owing to the increasing affordability of consumer electronic devices and rising awareness due to increased advertisement activities in developing economies, the demand for DRAM.

Asia Pacific will hold a substantial portion of the Global DRAM Memory Market

The Asia Pacific region will hold a noticeable portion of the Global DRAM Memory Market in both value and volume owing to the semiconductor manufacturing activities in the region. The rise in the manufacturing of consumer electronics and communication devices in the region will be the key driver of the growth of the DRAM market in the region.

This report also includes a study of strategies and product portfolios of some of the leading companies in the Global DRAM Memory Market. Major companies profiled as a part of this report are Samsung, SK Hynix, Micron Technology, Nanya, Winbond, Elpida, Mosel Vitelic Corporation, Mushkin Enhanced, and Kingston Technology Company LLP.

About Us:

Knowledge Sourcing Intelligence (KSI) is a market research and consulting organization based out of India. KSI publishes research studies spanning across ten industry verticals. KSI has a team of experienced and young professionals with a singular focus on delivering high-quality research services to enterprises, non-government organizations, government agencies, and research institutes and organizations. We publish hundreds of reports per year centring on niche and latest technologies. We engage with key decision makers and stakeholders across the value chain to provide clients with a detailed analysis and bird’s-eye view of the market with whole market dynamics, statistical forecasts, competitive analysis, key trends, market drivers and challenges and strategic recommendations for making informed decisions. Our success lies in the effort of our analysts who strive to meet client expectations by delivering quality work within the stipulated deadlines.

Contact:

Knowledge Sourcing Intelligence LLP
Suite 406, BSI Business Park
H-140, Sector 63, Noida, U.P. – 201301 India
E: sales@knowledge-sourcing.com | P: +1-850-250-1698
 

China Animal Feed Market is projected to grow at CAGR of 3.12% during the forecast period to reach a market size of US$ 54.293 billion in 2024

The recent study on the China animal feed market covers an in-depth analysis of the market on the basis of type, livestock, raw material, and production systems. The report also covers the country level analysis within the regions as well. Additionally, the report covers the key trends in the market along with drivers and restraint during the forecast period 2019-2024. According to the report titled “China animal feed Market”, the market is expected to reach a market size of US$ 54.293 billion by 2024, at a CAGR of 3.12% during the projected period.

The report has segmented the China animal feed market by type (fodder, forage, compound feed), by livestock (swine, aquatic animals, cattle, swine, others), by raw material (soya, canola, rendered meal) and by production systems (integrated, commercial mill). Animal feed is products that are responsible for improving the health of animals. The feed is given in various doses depending on the animal. Rapid urbanization and increasing disposable income are considered as the prime driver for the animal feed market in the coming years. In addition, growing population coupled with increasing meat consumption in the country is expected to propel the market growth opportunities during the forecast period. Furthermore, animal health market is one of the fastest growing markets in the country which is driving the use of livestock feed in the coming years. Improving animal nutrient availability, changing technologies and a gradual shift from unorganized livestock farming to the organized sector are some of the key drivers that are promoting the growth of animal feed in China during the forecast period.

Swine livestock segment is expected to account for a significant share in the market

Swine livestock segment in China animal feed market is estimated to have a significant share in terms of both value and volume in the market and is further anticipated to grow during the forecast period on account of increasing consumption of swine. In addition, a growing taste for pork coupled with innovation in the production process is expected to improve the output and capacity to a large extent. Furthermore, growing demand for processed meat and protein diet due to a rise in household income levels is anticipated to derive the demand for swine feed in the coming years.

Some of the major industry players profiled as part of the report are CP are  East Hope Group, Alltech, New Hope Group, Cargill, Incorporated, Wen’s Group, Weston Milling Animal Nutrition and Archer Daniels Midland among others.

 

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Alcohol Use Disorder Treatment market is projected to grow at a good cagr during the forecast period of 2019-2024

The recent study on the alcohol use disorder treatment market covers an in-depth analysis of the market on the basis of type, treatment, and geography. The report also covers the country level analysis within the regions as well. Additionally, the report covers the key trends in the market along with drivers and restraints during the forecast period 2019-2024. According to the report titled “Alcohol Use Disorder Treatment Market – Forecasts from 2019 to 2024”, the market is expected to surge at a good CAGR during the projected period.

The report is segmented by type as Alcohol Abuse and Alcoholism (Alcohol dependence); by treatment as Medicines and Behavioural Therapies; and by geography as North America (USA, Canada, Mexico, and Others), South America (Brazil, Argentina, and Others), Europe (Germany, France, United Kingdom, Spain, and Others), Middle East and Africa (Saudi Arabia, Israel, and Others), and Asia Pacific (China, Japan, South Korea, India, and Others). The growing demand for alcohol use disorder treatment is attributed to the prevalence of people with alcohol use disorder, and the prevalence of Fetal Alcohol Spectrum Disorders (FASD). Furthermore, the occurrence of deaths due to alcohol-related liver disease is driving the market growth during the forecast period. Awareness regarding alcohol use and misuse will provide an opportunity for the growth of the global alcohol use disorder treatment market during the forecast period and beyond.

Prevalence of people with alcohol use disorder (AUD) is boosting the market growth during the forecast period.

There is a prevalence of adults (above 18 years of age) and youth (age between 12-17 years old) who are involved in excessive consumption of alcohol. In the United States, 15.1 million adults had AUD in 2015 which included 9.8 million men and 5.3 million women. Among the youths included 298,000 males and 325,000 females (source: National Institutes of Health). This has further given rise to diseases and injury-related health conditions due to the excessive consumption of alcohol. On a global level, alcohol misuse has been ranked as the fifth leading risk factor contributing to premature deaths and disability in 2010. Thus, there is a high market demand for the treatment of AUD due to heavy drinking habits among people, emanating the market growth during the forecast period.

North America holds a dominant share in the market

North America alcohol use disorder treatment market is expected to hold the largest market share with the highest health spending of the United States among the industrialized nations and the early adoption of innovations.  Also, the prevalence of people with chronic diseases due to the excessive consumption of alcohol is fueling the market growth in this region. Furthermore, the stakeholders in the United States are moving from volume-based to value-based care by reforming policies, programs promoting operational efficiency, technology use, population health management, wellness, and addressing the social determinants of health. In addition, there is a shift in the healthcare market dynamics owing to the better patient outcome at lower costs.

The Demand for CMOS Image Sensors has seen a decent rise in recent years propelling the market towards a healthy growth over the next five years

The report published by Knowledge Sourcing Intelligence titled “CMOS Image Sensor Market – Forecasts from 2019 to 2024” studies the various factors affecting the demand for CMOS Image Sensor among end-users worldwide. The market has been segmented by technology (Front Side Illumination (FSI), Back Side Illumination (BSI)), image processing (2D, 3D), and end user (consumer electronics, security and surveillance, automotive, healthcare, aerospace and defense, others).

CMOS image sensors are the latest technology in converting light into digital signals. The technology is significantly faster than the older CCD technology, and is also cheaper to manufacture. These benefits are projected to result a growth in the demand for CMOS sensors during the coming years. Furthermore, increasing demand for consumer electronics such as smartphones and cameras will further amplify this demand in the coming years. In addition, the higher speeds of CMOS image sensors have allowed cameras to incorporate other software features such as autofocus and filters, further increasing their demand in newer generation of cameras.

By end user, consumer electronics will have a significant share in the market

CMOS image sensors are extensively used in smartphone cameras, and the rising demand for smartphones and rapid technological advancements in the same will boost the demand for CMOS sensors during the next five years. Furthermore, increasing demand for security and surveillance devices, and other home automation products will also bolster the demand during the projected period.

Asia Pacific will hold a substantial portion of the Global CMOS Image Sensor Market

The Asia Pacific region will hold a noticeable portion of the Global CMOS Image Sensor Market in both value and volume owing to the semiconductor manufacturing activities in the region. Furthermore, rising disposable income and increasing demand for consumer electronics in the region is projected to further boost the demand in the coming years.

This report also includes a study of strategies and product portfolios of some of the leading companies in the Global CMOS Image Sensor Market. Major companies profiled as a part of this report are Sony Semiconductor Solutions Corporation, Samsung Electronics, OmniVision Technologies, Inc., ON Semiconductor, STMicroelectronics, SK Hynix Inc., Sharp Corporation, Panasonic Corporation, Canon, and Fujifilm Corporation.

About Knowledge Sourcing Intelligence:

Knowledge Sourcing Intelligence (KSI) is a market research and consulting organization based out of India. KSI publishes research studies spanning across ten industry verticals. KSI has a team of experienced and young professionals with a singular focus on delivering high-quality research services to enterprises, non-government organizations, government agencies, and research institutes and organizations. We publish hundreds of reports per year centring on niche and latest technologies. We engage with key decision makers and stakeholders across the value chain to provide clients with a detailed analysis and bird’s-eye view of the market with whole market dynamics, statistical forecasts, competitive analysis, key trends, market drivers and challenges and strategic recommendations for making informed decisions. Our success lies in the effort of our analysts who strive to meet client expectations by delivering quality work within the stipulated deadlines.

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