India Industrial Gas Consumption CAGR in 2020 was approximately 5% – Will the industry further grow in the coming 5 years? Increasing investment in sustainable energy development is driving the demand of industrial gases in India. Proactive strategies like partnership will boost the market, as per a report by Ken Research 1. Demand of Oxygen Gas by End-User- Steel Manufacturing utilizes more than 55% of the Onsite Oxygen in India. Other Challenges in Indian Industrial Gases… Read More »
Thailand Medical Devices Market is expected to generate a revenue of more than $ 7 Bn by 2026– IoMT Technology to act as a catalyst for market growth The Thailand market is dominated by imports of medical devices which make in-house production a key advantage for any local or international player, as per a report by Ken Research 1.Key Challenges for Local Manufacturers in Thailand Medical Device Market that needs to be addressed Other Challenges in Medical Device Industry Inadequate Ecosystem Support: A… Read More »
Oxygen gas segment is projected to grow at a CAGR of 6% by 2026- Will India’s Industrial Gas market be able to achieve this mark?: Ken Research Among the various industrial gases in the market, Oxygen, Nitrogen and Argon dominate the Indian industrial gases market with oxygen taking the lead owing to its use in a wide range of applications, as per a report by Ken Research. 1. Transportation of Gases and Impact of COVID-19 has been two major challenges in India… Read More »
Growth factors in Thailand Medical Device Market has accelerated the revenue to reach around USD 4.5 Bn for 2021– How far is the market going to rise until 2026? Bangkok and the central region of Thailand have the highest concentration of mid- to upper-income consumers and so some 90% of large hospitals are located in these areas in 2021, as per a report by Ken Research 1. Business Cycle and Genesis of Thailand Medical Device Market- 99% of the Thai population is now covered… Read More »
