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Organic Acids Market Facts, Figures and Analytical Insights, 2020 to 2027

Market Analysis and Insights
Organic acids market is expected to grow with a growth rate of 5.89% in the forecast period of 2020 to 2027. Increase in demand for convenience foods and technology, as well as the production of organic acids from renewable energy sources is one of the factors contributing to the market growth in the forecast period of 2020- 2027.
Organic acid is a type of organic compact that usually contains acids. Organic acids are used in variety of applications such as bakery, milk, animal feed, beverages and medicines. These are more beneficial for bacterial control during production of industrial feed in comparison to the antibiotics used for the same purpose.
In addition, increased demand for organic acids in the health care sector, population growth and GDP growth are the main contributors to organic acids. Also, the market offers variety of opportunities for market players, due to rising income and the rapid growth of the world economy. On the other hand, strict rules on the relative production of organic acids in North America and Europe restraint the growth of the organic acids market in the forecast period of 2020- 2027.
This organic acids market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on organic acids market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Organic Acids Market Country Level Analysis
Organic acids market is analysed and market size, volume information is provided by country, type, source, and end-user as referenced above.
The countries covered in the organic acids market report are the U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
Due to increased demand for organic acids in countries such as China and India, Asia-Pacific has been accounted for the largest market share for organic acids market and due to the increased awareness of the health benefits of organic acids, Asia-Pacific is projected to be the fastest growing market during the forecast time span. The relatively lower operating costs in this area allow manufacturers to have competitive pricing on a global platform. Countries in this area are less strict about the export and domestic marketing of food additives, in terms of regulations. Organic acids are widely produced in China and exported to foreign markets .
The country section of the organic acids market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries.
Global Organic Acids Market, By Type (Acetic Acid, Citric Acid, Formic Acid, Lactic Acid, Malic Acid, Succinic Acid, Gluconic Acid, Ascorbic Acid, Fumaric Acid, Propionic Acid, Others), Source (Biomass, Molasses, Starch, Chemical Synthesis, Agro-Industrial Residue), End-User (Food & Beverage, Animal Feed, Chemicals & Industrial, Pharmaceuticals, Personal Care, Agriculture), Country (U.S., Canada, Mexico, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa) Industry Trends and Forecast to 2027
Global Organic Acids Market Scope and Market Size
Organic acids market is segmented on the basis of type, source, and end-user. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
· Based on type, the organic acids market is segmented into acetic acid, citric acid, formic acid, lactic acid, malic acid, succinic acid, gluconic acid, ascorbic acid, fumaric acid, propionic acid and others.
· Based on source, the organic acids market is segmented into biomass, molasses, starch, chemical synthesis, and agro-industrial residue.
· Based on end-user, the organic acids market is segmented into food & beverage, animal feed, chemicals & industrial, pharmaceuticals, personal care, and agriculture.
Competitive Landscape and Global Organic Acids Market Share Analysis
Organic acids market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to organic acids market.
The major players covered in the organic acids market report are Archer Daniels Midland, BASF SE, BP Plc, BioAmber Inc., Cargill, Incorporated, Celanese Corporation, Corbion NV, DOW Chemical, E.I. Du Pont De Nemours & Co., Eastman Chemicals Company, Elekeiroz S.A, Feichang acid chemicals Co., Ltd., Fuso chemical co. ltd, Henan Jindan Lactic Acid Technology Co., Ltd., Jiangsu sopo chemical co. ltd, Jungbunzlauer Suisse AG, Myriant Corporation, Nature Works LLC, Shandong Liaocheng Luxi Chemical Co., Ltd., Tate and Lyle Plc among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Customization Available
Data Bridge Market Research is a leader in advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customised to include price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), clinical trial results data, literature review, refurbished market and product base analysis. Market analysis of target competitors can be analysed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Factbook) or can assist you in creating presentations from the data sets available in the report.
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Significant COVID-19 Impact on Level Sensors in Semiconductors & Electronics Industry
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KHETAN EDUCATION
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How COVID-19 Impacted on Intelligent Vending Machines ?
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Riveting Productivity & Time Tracking Tools
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Bring Impeccable Changes In Remote Work
Regular Monitoring of the remote workforce brings a lot of wins for organizations. This can become a swift and simple task for all managers to provide a permanent value to the organization. It can also ensure that every team member is aware of the latest projects activities or even their responsibilities and make everyone understand what is happening around them, either inside or outside the organization. Thus, when managers have regular communication with their remote teams, it helps a lot, especially when problems happen unexpectedly. And when they have been able to discuss issues as soon as possible, the problem will not lead to significant disruptions that may affect the overall process. Remote Monitoring & its Benefits Remote Monitoring is a process of tracking employees’ activities, internal communication, and performance without making them feel observed. The aim is to achieve better business success through employee satisfaction. You can use just one tool or combine it if you have various remote locations with specific requirements. Let’s explore some of its benefits below - 1. Employers can easily monitor their employee’s performance remotely without having to check upon them physically. 2. Online time tracker helps you in getting better results from each employee. 3. It helps in knowing how much time a person has invested in a project and whether the schedule is maintained. 4. It is very helpful to get in touch with your team members’ performance status from time to time. In addition to the enumerated time benefits above, productivity time tracking software provides a diverse range of time management features such as the time entry feature (which means that you can enter time manually), time card creation, auto time input from emails, and many more. Reasons to track activities of your remote workforce 1. To minimize the distractions 2. Add surveillance for insider threats 3. To develop clear productivity directives for a remote team 4. Project Management Tracking 5. Create an extra layer of security for weak remote networks Which software should be used for employee monitoring? Monitoring and tracking Employee Productivity and performance can be complex, but the right software will show increased quality from your team. When choosing a monitoring tool, you need to make sure it fits your company culture for everyone in the office. A Time Tracker Software should be able to meet the following requirements- · Activity monitoring · Time tracking · Task tracking · Better employee management · Remote access · Time wasted reports · Better productivity · Clear timesheets WorkStatus is one of the best Employees Monitoring Software that meets all the above requirements. Also Read : How Can Regular Monitoring in Remote Work Bring Impeccable Changes?
Giới Thiệu Về Siemens Industry Mall
SIEMENSIMlà từ viết tắt của cụm từ tiếng anh “SIEMENS INDUSTRY MALL” – được chúng tôi tạm dịch là “TRUNG TÂM MUA SẮM SẢN PHẨM CÔNG NGHIỆP HÃNG SIEMENS“. Qua tên gọi đã thể hiện được siemensim.com là đơn vị cung cấp các giải pháp, dịch vụ và sản phẩm công nghiệp mang thương hiệu của hãng Siemens. Ngoài ra, siemensim.com còn được biết đến từ các quý khách hàng với nhiều tên gọi khác trên thị trường như: đại diện / đại lý / nhà cung cấp / nhà phân phối chính thức Siemens tại Việt Nam. 1. Điều khiển công nghiệp Cung cấp các thiết bị điều khiển công nghiệp có phạm vi lựa chọn siêu rộng nhằm đáp ứng được hầu hết các quy mô, mức độ điều khiển trong các máy móc, dây chuyền, hệ thống ở các nhà máy và các khu công nghiệp. Các hệ thống điều khiển điển hình như: LOGO! Logic Module, SIMATIC S7-1200, SIMATIC S7-1500, SIMATIC S7-300, SIMATIC S7-400, SIMATIC ET 200SP, SIMATIC ET 200S, SIMATIC ET 200Pro. Ngoài ra, còn có các thiết bị điều khiển chuyên dụng khác dành cho các hệ thống: HVAC, BMS, EMS, DCS. PCS, MES, .v.v. 2. Truyền thông công nghiệp Cung cấp các thiết bị mạng công nghiệp, mạng truyền thông công nghiệp (IIoT): thiết bị chuyển mạch công nghiệp (Industrial Ethernet Switch), bộ định tuyến công nghiệp (Industrial Router), bộ phát sóng không dây công nghiệp, bộ chuyển đổi giao thức công nghiệp (Industrial Gateway), bộ chuyển đổi đa phương tiện công nghiệp (Industrial Media Converter), serial device server, injector, .v.v. 3. Bộ nguồn công nghiệp Cung cấp các bộ chuyển đổi nguồn công nghiệp với điện áp đầu vào 1 Pha (100-240 VAC) / 3 Pha (400-500 VAC) / DC (110-300 VDC, 14-60 VDC) sang điện áp đầu ra: 5 VDC / 12 VDC / 15 VDC / 24 VDC / 36 VDC / 48 VDC với cường độ dòng điện đầu ra: 0.6 A / 1.3 A / 2 A / 2.1 A / 2.5 A / 3 A / 3.1 A / 3.5 A / 3.7 A / 4 A / 4.1 A / 5 A / 6.5 A / 7 A / 8 A / 8.3 A / 10 A / 12 A / 13 A / 14 A / 20 A / 40 A / .v.v. 4. Máy tính công nghiệp Cung cấp các loại máy tính công nghiệp như: máy tính công nghiệp lắp tủ rack (Rack PC); máy tính công nghiệp để bàn, lắp tủ điều khiển, nhỏ gọn (Box PC); máy tính công nghiệp tích hợp màn hình cảm ứng (Panel PC) / máy tính công nghiệp All-in-One; máy tính công nghiệp mini, máy tính nhúng công nghiệp không quạt. Có sẵn: máy tính bảng công nghiệp; laptop công nghiệp và các tùy chọn màn hình máy tính công nghiệp. 5. Màn hình công nghiệp Cung cấp các loại màn hình công nghiệp như: màn hình điều khiển và giám sát trực tiếp giữ người và máy (màn hình HMI), màn hình phắng công nghiệp (màn hình IFP), màn hình mỏng công nghiệp cho các ứng dụng máy khách (màn hình ITC) với đầy đủ các phiên bản (không cảm ứng, cảm ứng đơn điểm, cảm ứng đa điểm). 6. Phần mềm công nghiệp Cung cấp các loại phần mềm công nghiệp như: phần mềm lập trình và cấu hình; phần mềm vận hành và giám sát; phần mềm quản lý và theo dõi; phần mềm thu thập và xử lý dữ liệu, phần mềm mô phỏng, phần mềm thiết kế, phần mềm sản xuất, .v.v. Một số phần mềm tiêu biểu như: phần mềm SCADA, phần mềm STEP 7, phần mềm WinCC (WinCC Basic, WinCC Comfort, WinCC Unified, WinCC Advanced, WinCC Professional, WinCC Unified Runtime, WinCC Runtime Advanced, WinCC Runtime Professional, .v.v.). SIEMENSIM.COM là đơn vị cung cấp các giải pháp, dịch vụ và sản phẩm công nghiệp mang thương hiệu Siemens. Ngoài ra, chúng tôi còn được biết đến với nhiều tên gọi khác trên thị trường như: đại diện / đại lý / nhà cung cấp / nhà phân phối chính thức của Siemens tại Việt Nam. Địa chỉ: Tầng 7, Toà nhà văn phòng T14 Khu Đô Thị Vinhomes, 458 Minh Khai, Khu đô thị Times City, Hai Bà Trưng, Hà Nội 100000 Tel: +84 395595133 Email: siemens@siemensim.com Website: www.siemensim.com
Camera hội nghị Jabra Panacast 20 lý tưởng cho cuộc họp cá nhân
Đã đến lúc trải nghiệm thế hệ cộng tác video di động, an toàn, thông minh tiếp theo với Camera hội nghị Jabra PanaCast 20. Bạn đã sẵn sàng cho cuộc họp hội nghị cá nhân với Jabra Panacast 20 của mình chưa? Camera hội nghị Jabra Panacast 20 Với một phương thức giao tiếp mới, hội nghị truyền hình đã tự đổi mới và giờ đây, video kết hợp là cần thiết:  Panacast 20 là một camera được thiết kế nhỏ gọn có thể mang đi khắp mọi nơi mà không ảnh hưởng về chất lượng hình ảnh và âm thanh. Jabra Panacast 20 thiết bị hội nghị truyền hình cá nhân cao cấp này sử dụng công nghệ tiên tiến để mang lại trải nghiệm thông minh, mạnh mẽ và hoàn toàn độc đáo - Camera 4K USB với Mic tích hợp - Chất lượng video 4K Ultra HD với xử lý hình ảnh tiên tiến - Thu phóng thông minh giúp lấy nét liên tục trên loa - Trường nhìn dọc và ngang: 54 ° / 180 ° - Trường nhìn xoay chéo 90 ° - Tự động điều chỉnh ánh sáng và chức năng Picture-in-Picture - Màn trập tích hợp để đảm bảo sự riêng tư của bạn - Kích thước nhỏ gọn, dễ dàng mang theo và cắm vào - Được tối ưu hóa cho Microsoft Teams và Zoom Jabra Panacast 20 là một thiết bị hội nghị USB với độ phân giải 4K, nó được thiết kế sử dụng cho mục đích cá nhân. Trường nhìn rộng 120 ° của nó không bị thiếu bất kỳ thứ gì và tính năng thu phóng thông minh (tự động định khung hình) thu hút người nói trong suốt bài thuyết trình. Chức năng Picture-to-Picture cũng rất thiết thực và cho phép bạn kết hợp luồng video thứ hai: lý tưởng cho các bài thuyết trình của bạn. Jabra PanaCast 20 là thiết bị hội nghị truyền hình chất lượng cao sử dụng công nghệ AI tiên tiến để mang đến cộng tác video di động, an toàn và thông minh tiếp theo. Máy ảnh PanaCast 20 plug-and-play mang đến trải nghiệm hội nghị truyền hình cá nhân, được sáng tạo lại hoàn toàn cho thế giới kết hợp ngày nay. Thiết bị hội nghị Jabra PanaCast 20 ghi hình vào bất kỳ màn hình nào và sử dụng bộ vi xử lý tiên tiến, AI tích hợp mạnh mẽ và camera 13 megapixel cao cấp, mang đến hình ảnh Ultra-HD 4K trong thời gian thực, sắc nét và rõ ràng như pha lê, hầu như không có độ trễ. Tính năng của Camera hội nghị Jabra Panacast 20 - Một webcam hiện đại và thông minh     + PanaCast 20 được Jabra giới thiệu là giải pháp giao tiếp tất cả trong một dành riêng cho không gian làm việc nhỏ như văn phòng cá nhân. Được thiết kế để tái tạo và hiện đại hóa hội nghị truyền hình, webcam thông minh này sẽ cho phép bạn tham gia vào các cuộc họp ảo với chất lượng nghe nhìn ngoạn mục và sẽ đảm bảo sự thành công của các cuộc họp của bạn. - Chức năng Picture-in-Picture để tác động đến bản trình bày của bạn     + Để tiếp thêm sinh lực cho các cuộc họp của bạn, Jabra PanaCast 20 kết hợp chức năng Hình ảnh trong Hình để cho phép bạn kết hợp luồng video thứ hai trong các cuộc họp ảo của mình, một chế độ lý tưởng khi bạn đang trình bày. Chế độ này hoạt động với bất kỳ nền tảng UC nào. - Camera độ phân giải Full HD với chức năng quay cận cảnh và toàn cảnh 4K     + Jabra cung cấp giải pháp hội nghị truyền hình với các tính năng thông minh sẽ mang đến cho bạn những cuộc trao đổi nghe nhìn ngoạn mục. Webcam này được trang bị camera độ phân giải Full HD với độ phân giải 4K toàn cảnh nên chất lượng hình ảnh không gì sánh bằng: sắc nét và trong như pha lê, hầu như không có độ trễ hay độ trễ. Trường nhìn 90 ° của nó mang đến cơ hội chụp cận cảnh nhờ tính năng Thu phóng thông minh trực quan do AI điều khiển, vì vậy bạn luôn là trung tâm của sự chú ý và nó sẽ tự động theo dõi chuyển động của bạn. Làm thế nào để cài đặt thiết bị hội nghị Jabra PanaCast 20 của bạn? - Bạn không cần phải là chuyên gia CNTT để cài đặt giải pháp Plug & Play này. Chỉ cần kết nối Jabra PanaCast 20 của bạn qua USB với máy tính của bạn để bắt đầu hội nghị truyền hình ngay lập tức. Nếu bạn quyết định thêm tai nghe hoặc loa ngoài để hoàn thiện giải pháp của mình, tất cả những gì bạn cần làm là kết nối nó với máy tính của mình thông qua kết nối được chỉ định cho nó: USB hoặc Bluetooth. Tôi có thể sử dụng phụ kiện với Jabra PanaCast 20 không? - Rất dễ dàng ghép nối PanaCast 20 với Jabra Speak 750 nếu bạn đang ở văn phòng nhưng nếu bạn là người làm việc linh hoạt, bạn có thể sử dụng nó với Jabra Evolve 2 65. Cả hai thiết bị đều không dây với kết nối Bluetooth và được Microsoft Teams chứng nhận . Camera hội nghị Jabra Panacast 20 mang đến sự kết hợp tuyệt vời giữa hình ảnh chất lượng cao và cộng tác video an toàn, bất kể bạn đang tổ chức các cuộc trò chuyện của mình từ đâu luôn đảm bảo bạn có được trải nghiệm đầy đủ. Xem Thêm:  Jabra Panacast ............. Thông tin chi tiết xin liên hệ Công ty CP Liên Kết Công Nghệ Toàn Cầu - GTC Địa chỉ: Tầng 7, Số 49 trung Kính, Cầu Giấy, Hà Nội. Điện thoại: 024.777.99.777 E-mail:contact@gtctelecom.vn Website: https://gtctelecom.vn
What COVID-19 Impacted on Cleaning Robot in Semiconductors & Electronics Industry ?
Impact of COVID-19 on Cleaning Robot in Semiconductors & Electronics Industry ANALYSIS ON IMPACT OF COVID-19 ON THE MARKET The pandemic started with its epicenter in China in 2019 and has been continuously spreading by then to all over the world, so far 216 countries and territories have been affected with Covid-19, the U.S. being on the top with cases reaching about 4.38 million, followed by Brazil, India and then by many European countries such as Russia, Spain, Italy, and others. The COVID-19 cases reaching to the big named countries with strong dominance in the global market which has adversely affected the economy globally. The spread of the coronavirus has led to the global recession, many companies are being bound to take stringent actions of laying off their employees, small businesses are being shut, and manufacturing facilities are being put on hold. There has been a disruption in the supply chain of many industries due to restrictions in logistics and the closing of manufacturing facilities. In addition, the slowdown in the economy has lowered the spending capability of individuals and people are saving money for emergencies. However, now almost in every country, the factories are started to reopen by taking some prevention such as 20% -50% employees on the field, social distancing, extreme hygiene measures, and others to support the economy. It is supporting the economy and helping to lower the recession rate at a certain level. COVID-19 highly impacted the personal and domestic cleaning robots market due to the recession gripping the world and a decline in disposable income, the demand for personal and domestic robots declined. Also, the behavior of the individuals has certainly changed in the pandemic, people are now more concerned about their health and spending for future use due to incurred losses which lead to a decrease in the sale of cleaning robots. However, cleaning robots have a huge demand in the healthcare sector. During the time of social distancing, hospitals are demanding mobile robots integrated with UV-C light disinfection equipment to sanitize the wards and rooms to minimize any physical contact. For instance, In June 2020, According to the founder and chairman of Milagrow Robots, there has been a huge surge in demand for floor and window cleaning robots. The total sale is expected to be 300,000 to 400,000 cleaning robots in 2020 when compared to 10,000 cleaning robots in 2019. STEPS TAKEN BY MANUFACTURERS DURING COVID-19 SITUATION As the COVID-19 crisis continues to expand, makers would possibly face challenges on varied fronts. Producing firms would be searching for immediate measures to stay their workforces safe and their businesses solvent. Makers would conjointly have to be compelled to look on the far side of their economic viability. Because the COVID-19 pandemic intensifies, makers would possibly face continued downward pressure on demand, production, and revenues. They would continuously face cash-flow liquidity challenges and difficulties in managing debt obligations. In December 2020, LG Electronics announced the launch of the autonomous robot with disinfecting UV light for various B2B applications. This robot uses ultraviolet (UV-C) light to disinfect high-touch, high-traffic areas and is designed for hospitality, education, corporate, retail, restaurant, and transportation customers to reduce exposure to harmful bacteria and germs The pandemic may drive the enhancement of automation, digitalization, and artificial intelligence (AI) in almost all sectors. In a situation like social distancing automation and robotics could reduce dependence on human labor and increase productivity, preventing the chances of losses. The pandemic has boosted the growth of healthcare industries. As people need to maintain physical distancing, manufacturers can gain the advantage of this norm to address the mass public in hospitals and crowded places. Manufacturers were engaged in product development with advanced technologies, partnerships, and collaborations to gain a competitive advantage in the market. For instance, In January 2021, SAMSUNG announced the launch of new AI-powered robotic vacuum and laundry products. The new JetBot 90 AI+ features smart technologies that optimize the cleaning route and respond to its environment. The JetBot 90 AI+ is the world’s first smart robotic vacuum that helps to automate home cleaning in these Covid times IMPACT ON DEMAND The behavior of the individuals has certainly changed in the pandemic, people are now more concerned about their health. The government is also working on research and development to develop a vaccine and avoid any further pandemic as such. The government is using augmented and virtual reality for the known disasters which can help in reducing the effects of the disaster. The pandemic has boosted the digital transformation of industries, companies are focusing more on a digital platform to interact with their clients and customers. The pandemic has brought a huge demand for cleaning robots to ensure safety as COVID-19 has put cleaning and disinfection front and center in facility maintenance and at other places. Huge adoption of technology, automation, and smart buildings is gradually increasing the scope of growth for the cleaning robot market. IMPACT ON SUPPLY CHAIN The pandemic has brought a huge impact on the supply chain of the cleaning robot market. The logistics and transportation of assets deteriorated a lot. The supply chain was adversely affected as the lockdown prevailed in many regions globally, the government has limited the workers. Companies are making their operations work according to the government regulations by making limited workers work in different shifts. The supply chain is experiencing disruption in Chinese parts exports, large-scale manufacturing interruptions across Europe, and the closure of assembly plants in the U.S. The manufacturers were facing a shortage of raw material, shifting of production to other countries, liquidity crunch to delays in availability of models, and deferred launches. However, now there is an improvement in the supply chain as most of the facilities and travel restrictions have opened and working in most optimum capacity. CONCLUSION As the Covid-19 prevails the cleaning robot market has witnessed a gradual increase in the demand for cleaning robots and services. Most of the manufacturing facilities were closed bringing down the production of cleaning robots which leads to disruption in the supply chain. However, as the markets are getting digitally transformed and people are being more reliable on digital sources the market seems to be growing. Organizations operating under this market were building up new strategies to maintain all the safety measures at facilities and focusing on technological up-gradation to boost the growth of the market. Even after the pandemic automation of industries will continue to increase which acts as a major driver for the market. Growing demand from the healthcare, media & entertainment, and retail sector will act as a major boosting factor for the growth of the market in this pandemic.
Significant Impact of COVID-19 on Bulk Material Handling System in Semiconductors & Electronics Industry
COVID-19 Impact on Bulk Material Handling System in Semiconductors and Electronics Industry The lockdown situation during the COVID-19 pandemic has highly impacted the global economy. Most of the governments from different countries imposed a lockdown to break the chain of coronavirus spread. All companies related to various industries have been shut down except a few dealing with COVID-19 operations such as pharmaceutical, essential goods and services and the food industry. As a result of the COVID-19 crisis, many bulk material handling companies throughout the world have had to either temporarily close or reduce their workforces to prevent the spread of the virus. Through worldwide shortages of goods, it soon was apparent how important the world’s manufacturing and warehouse productivity is to the economy. In the bulk material handling system market, the business impact eventually proved to be less severe than first anticipated once lockdowns and restrictions were lifted. Nevertheless, the limited access to customers’ sites affected both capital and aftermarket sales of suppliers throughout the year. The COVID-19 pandemic highlighted that automation is needed for supply chains to increase efficiency. During the recent period, very few percent of supply chains felt fully prepared for the coronavirus impact. However, the bulk material handling industry can develop this situation with innovation, automation and perseverance. AFTERMATH OF GLOBAL BULK MATERIAL HANDLING SYSTEM MARKET COVID-19 pandemic affected a wide range of industries, from small to large manufacturing companies. It hampered the worldwide demand for solutions in the bulk material handling system market up to a certain extent. Limited workforce and operational restrictions negatively affected the product development life cycle. But at later stages, when lockdown restrictions were lifted, demand got stable up to a certain point. The companies developed different strategies and technologies specific to tackle problems that occurred because of the COVID-19 pandemic. For instance, · Daifuku Co., Ltd., a material handling company, stated some measures and strategies to overcome the challenges faced during the COVID-19 pandemic in their annual report 2020. To prevent the spread of COVID-19 and maintain distance from one another required a new approach to service activities for systems post-delivery. Accordingly, they are working hard to use the Internet of Things (IoT), artificial intelligence (AI) and information and communications technology (ICT) to establish material handling systems that never stop or that will be able to recover immediately even if blocked. They will continue to support stable operations of customer facilities by introducing new technologies and services, including remote operation, while ensuring the lives, safety and health of employees and their families. Likewise, many companies have started introducing new technologies and methodologies in the COVID-19 situation to remain better positioned in the market. Losses during this period can be overcome in the future by taking this slowdown to redesign and refresh the business processes and logistics operations. OPPORTUNITIES FOR THE MARKET IN COVID-19 SITUATION Market players have an opportunity to upgrade their operations and prospective for the betterment of their companies. Automation is the key to success in this unpredictable world. Different crises, labour shortages, natural disasters impact a lot on every industry. So being one step ahead of time and understanding the market well will ensure the success of the market player. In this COVID-19 pandemic, many companies adopted process automation and customization as an opportunity to survive and grow. Some of the instances are mentioned below: § Automation to overcome labor shortage: Though recent events have worsened the labor gap, the labor shortage is not new for many industries, as more workers retire and skills requirements increase. Automation offers solutions to some of these problems. Automated Process Equipment Corporation provides solutions and services for bulk material handling companies to overcome labor shortages during this pandemic situation. Super sack handling, accurate measuring, automatic routing, easily reprogrammable controls and electronic record keeping are solutions that will improve automation and reduce the dependency on the massive number of laborers. § Customized Solutions for Booming Market: KWS Manufacturing Company Ltd. partnered up with Coperion K-Tron to provide the solution for the world’s most significant high-density polyethylene and polypropylene suppliers, which is used in consumer and industrial goods ranging from plastic bags and bottles to N95 medical masks and face shields. Due to the increased demand for polyethylene and polypropylene, expanding the client’s extrusion line required new loss-in-weight additive feeders and a mixing screw conveyor. KWS and Coperion K-Tron sales and engineering teams collaborated to ensure the extrusion line expansion would be successful. IMPACT ON SUPPLY AND DEMAND COVID-19 has disrupted the supply chain on a global scale. International trade restrictions and customs regulations resulted in longer wait times and a lack of capacity for long-haul deliverables. During this pandemic, the demand for bulk material handling solutions decreased because of the limited access to customers’ sites. This affected both capital and aftermarket sales throughout the year. Most of the companies faced challenges in managing on-time project completion and order deliveries. However, many companies took this to redesign their operation and logistic models with digital capabilities to increase operational efficiency and effectiveness in such a period. For instance, · ThyssenKrupp AG Company adopted the digitization of their business processes and supply chains in 2019-2020. Their focus was on the introduction of automation solutions which included the new mobile app “Paperless”. This app allowed digitizing day-to-day processes in warehouses such as bookings, preparation of work schedules and material identification. It also created the conditions for using other automation solutions, such as driverless transportation systems, to be used in a new state-of-the-art logistics center for ThyssenKrupp Schulte. Such positive changes and automation in the supply chain will enable the companies to emerge stronger and supply chains that are more resilient to future disruptions. CONCLUSION The global bulk material handling system market suffered losses during the recent period because of COVID-19’s negative impact on global demand and supply chains. Yearly sales for the market-related products got hampered due to limited access to customer’s sites. But relaxation in lockdown regulations after few months helped the market to somewhat come back on track. However, many companies started building new technologies to overcome supply chain problems in pandemic situations. They adopted digitization and automation in day-to-day business processes and supply chains. Although it will take some more time for companies to come back on track, this period made everyone realize the need for up-gradation in many business aspects.