#Industry Analysis Services

[insightinvestnews]

Bangladesh QSR Market Report: Trends, Analysis, and Growth Insights | P&S Intelligence

The value of the Bangladeshi quick-service restaurants market stood at USD 1,712.4 million in 2023, and this number is projected to reach USD 2,653.4 million by 2030, advancing at a CAGR of 7.1% during 2023–2030. This growth can be credited to the developing lifestyle of the adult populace, the increasing count of QSRs in the nation, the growing demand for fast food among the urban populace, and the rising working populace in the city and semi-urban areas of the country.

The demand for easy foods is increasing quickly among customers in Bangladesh, due to the parallel variations in the working and social lives and the mounting habit of dining out. People these days like to socialize over good food, away from the house. Therefore, because of the shortage of time, numerous contemporary nuclear families tend to choose convenient, quick meals over old-style meals.

American cuisine is likely to advance at the highest rate during this decade. This is because of the high requirement for fries, pizzas, and burgers among the young populace as well as the busy lifestyle of adults, which makes a requirement for convenience foods. Furthermore, other cuisines like Italian, Mexican, and Chinese, are also broadly prevalent among Bangladeshi citizens.

Moreover, the rising purchasing power of customers with their increasing per capita income, particularly in Dhaka, has boosted the sale of prepared food from QSRs in this nation. Bangladesh's economy is facing an era of low inflation, rising household income, and speedy progress.

As per the World Bank, Bangladesh has a purchasing power parity of 32.1 LCU per international dollar in 2021, in comparison to 16.3 LCU in 2002, advancing at a 3.63% average annual rate.

Furthermore, people, now, socialize with friends, neighbors, or colleagues, as compared to before for social or business purposes. This led to the increasing consumption of meals in fast food settings, which further boosted the industry.

[shuham]

Micro-perforated food packaging refers to packaging materials, typically films or bags, that are punctured with tiny holes. These holes allow for a controlled exchange of gases such as oxygen and carbon dioxide between the packaged food and its environment. This controlled gas exchange helps maintain freshness and extends the shelf life of perishable foods by slowing down spoilage and preserving quality.

[ashimbisresearch]

Global Mobility-as-a-Service Market | BIS Research

According to BIS Research, the global mobility-as-a-service market was valued at $77,661.9 million in 2023, and it is expected to grow at a CAGR of 25.67% and reach $7,60,207.2 million by 2033 during the forecast period of 2023-2033.

[vcqrupvt]

How To Create a Simple Customer Referral Program?

Counterfeit products are harmful for buyers, businesses and economies worldwide. To combat this issue barcode scanners are emerging as a powerful tool in the fight against counterfeit goods.

[nmsc-market-pulse]

7 Catalysts Igniting Culinary Revolution: Propel the Commercial Cooking Equipment Market

Introduction:

The global Commercial Cooking Equipment Market is on the verge of remarkable expansion, with numerous driving forces propelling its growth trajectory. Here are seven key factors shaping the future landscape of the industry:

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Rapid Expansion of the Food Service Industry:

The burgeoning food service sector, encompassing restaurants, hotels, cafes, and catering services, is a primary driver fueling the demand for commercial cooking equipment. As the global population continues to grow, along with urbanization and changing consumer lifestyles, the demand for dining out and food delivery services is on the rise.

Consequently, establishments in the food service industry are increasingly investing in state-of-the-art cooking equipment to meet the growing demand for diverse cuisines and culinary experiences.

Growing Consumption of Fast Food:

The ubiquitous presence of fast-food chains and the growing popularity of quick-service restaurants (QSRs) are driving significant demand for commercial cooking equipment. Fast food establishments rely heavily on efficient cooking equipment to maintain rapid service times and meet customer expectations for quick, convenient meals.

With the rise of busy lifestyles and on-the-go dining preferences, the demand for fast food is expected to continue its upward trajectory, further fueling the adoption of commercial cooking equipment.

Advancements in Cooking Technology:

Technological advancements in cooking equipment, including innovations in heating elements, cooking surfaces, and control systems, are revolutionizing the culinary landscape. Manufacturers are continually introducing new features and functionalities to enhance the performance, efficiency, and safety of commercial cooking equipment.

From precision temperature control and energy-efficient designs to automated cooking processes and smart connectivity features, these advancements are driving the adoption of next-generation cooking equipment in commercial kitchens worldwide.

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Demand for Multi-Functional Equipment:

In today's fast-paced culinary environment, versatility and efficiency are paramount. Commercial kitchens require cooking equipment that can handle a wide range of cooking techniques and food preparations.

Multi-functional cooking equipment, such as combi ovens, griddles with interchangeable plates, and versatile ranges with modular components, are in high demand. These multi-functional solutions not only save space and streamline operations but also enable chefs to explore creative culinary concepts and diversify their menu offerings.

Focus on Efficiency and Sustainability:

As sustainability concerns and energy efficiency regulations become increasingly prevalent, there is a growing demand for commercial cooking equipment that prioritizes resource efficiency and environmental sustainability.

Manufacturers are developing energy-efficient cooking appliances, utilizing eco-friendly materials, and implementing sustainable manufacturing practices to reduce the environmental footprint of commercial kitchens. Additionally, the adoption of energy-efficient cooking equipment helps businesses minimize operating costs and improve their bottom line.

Expansion of Emerging Markets:

The commercial cooking equipment market is witnessing significant growth in emerging economies, driven by rapid urbanization, rising disposable incomes, and changing consumer preferences.

As urban populations grow and lifestyles evolve, there is an increasing demand for dining out and culinary experiences in emerging markets. This trend is creating lucrative opportunities for manufacturers and suppliers of commercial cooking equipment to expand their presence and capitalize on the burgeoning food service industry in these regions.

Demand for Space and Time-Saving Solutions:

With space constraints and labor shortages becoming common challenges in commercial kitchens, there is a growing demand for compact, efficient, and time-saving cooking equipment. Space-saving solutions such as countertop appliances, stackable cooking units, and modular cooking stations are gaining popularity among food service establishments looking to maximize their kitchen space and optimize workflow efficiency.

Additionally, equipment with quick heat-up times, rapid cooking cycles, and easy cleaning features are highly sought after by busy chefs and kitchen staff seeking to streamline operations and increase productivity.

Integration of IoT and Smart Technologies:

Commercial cooking equipment manufacturers are increasingly incorporating Internet of Things (IoT) capabilities and smart technologies into their products to enhance functionality and performance.

IoT-enabled cooking equipment can provide real-time monitoring, remote control, and predictive maintenance capabilities, allowing kitchen operators to optimize equipment usage, prevent breakdowns, and minimize downtime.

With the ability to remotely monitor cooking processes and receive alerts for maintenance or operational issues, IoT-enabled equipment offers greater convenience, efficiency, and reliability in commercial kitchens.

Customization and Personalization:

As consumer preferences become more diverse and discerning, there is a growing demand for customized and personalized culinary experiences in commercial settings. Commercial cooking equipment manufacturers are responding to this trend by offering customizable solutions tailored to the specific needs and preferences of individual businesses.

From customizable cooking programs and temperature settings to modular equipment configurations and personalized branding options, businesses have the flexibility to tailor their cooking equipment to align with their unique brand identity, menu offerings, and operational requirements.

Focus on Hygiene and Food Safety:

In light of heightened concerns over food safety and hygiene, there is an increased emphasis on ensuring that commercial cooking equipment meets stringent sanitation standards and regulatory requirements.

Manufacturers are incorporating innovative features such as antimicrobial coatings, self-cleaning mechanisms, and food-grade materials to enhance hygiene and minimize the risk of cross-contamination in commercial kitchens.

Additionally, equipment with easy-to-clean surfaces, removable parts, and dishwasher-safe components simplifies the cleaning and sanitation process, ensuring compliance with food safety guidelines and regulations.

Adoption of Energy-Efficient Technologies:

With sustainability becoming a top priority for businesses across various industries, there is a growing focus on energy-efficient solutions in commercial cooking equipment.

Manufacturers are leveraging advanced technologies such as induction heating, infrared cooking, and energy recovery systems to minimize energy consumption and reduce environmental impact.

Energy-efficient cooking equipment not only helps businesses lower their utility bills and carbon footprint but also aligns with corporate sustainability goals and enhances brand reputation as environmentally responsible operators.

Expansion into Online Sales Channels:

As digital transformation accelerates, commercial cooking equipment manufacturers are increasingly leveraging online sales channels to reach a broader customer base and drive sales growth.

By establishing robust e-commerce platforms, partnering with online marketplaces, and implementing digital marketing strategies, manufacturers can engage with customers directly, provide product information and specifications, and facilitate seamless transactions.

Additionally, online sales channels offer convenience and flexibility for customers to research, compare, and purchase commercial cooking equipment from the comfort of their homes or offices, driving greater accessibility and market penetration for manufacturers.

Conclusion:

The commercial cooking equipment market is experiencing robust growth driven by factors such as the expansion of the food service industry, advancements in cooking technology, and the growing demand for versatile, efficient, and sustainable cooking solutions.

As culinary trends evolve and consumer preferences continue to change, manufacturers and suppliers of commercial cooking equipment must stay agile and innovative to meet the evolving needs of the global food service sector.

[businesssinfo]

The effect of Night Purge for Naturally Ventilated Industry

Inorder to reduce higher cooling demands for buildings or industries, passive cooling by night-time flushing can be seen as a promising option. Particularly in tropical and sub-tropical climates where the difference in peak day-time and night-time temperature is about 10˚C – 13˚C.

Those buildings with high thermal mass benefit the most in this type of strategy.

The natural ventilation system can bring in cool air during night, thereby reducing the temperature of the internal fabric of the building.

Night time cooling generally provides 1.5˚C – 2˚C lower than the outside during day time peak temperature. This also reduces the need for mechanical cooling for few hours during the day.

It also helps to flush stale air, odors, irritants etc. from the building/industry which was produced during the day time operation.

Scope of presented work

In this case study, the effect of night-time ventilation is validated for natural ventilation and hybrid ventilation (with existing mechanical ventilators running at full capacity) during a peak summer day.

Comparing the results for both strategies to visualize the effect of day-time indoor temperature.

Approach and methodology  

The whole Industry is modelled with all machines, support structures like columns, beams etc.

CFD simulations is performed for 24 hours in a peak summer day. During the day time operation, the internal loads coupled with solar heat gain is simulated.

Thickness of cladding and roofing sheets were considered along with thermal insulation on the roof.

Fan performance curve is used for modelling ventilators in case of hybrid ventilation.

All shutters, doors, and windows we considered 90% open on all sides during night time.

In this analysis it is assumed that the night-time ventilation starts at 19hrs and ends at 7hrs.  

Solution from CFD analysis:

From numerical simulations it is evident that the night flushing has significant effect in controlling the thermal behavior of the internal fabric of the Industrial building.

Transient analysis performed during evening hours shows fall in temperature of machines and the overall internal temperature of the building.

Cooling the thermal mass during night provides radiative cooling for day time operation, thereby increasing the thermal comfort at the working level.

This thermal lag during day time is detrimental in con­trolling the internal temperature of the building during peak hours.

It has reduced the overall heat load inside the building during operations for the next day.

Graphler Technology, one of the best CFD consulting services providers. We also specialize in stress analysis services, structural analysis services, and structural design services. For more information on night purging and how you can incorporate it into your next project, please feel free to contact us today.

[vijukumar]

ATM Market: Trends, Players, Market Size, Share and Challenges

The automated teller machine (ATM) market has been a crucial component of the global financial ecosystem for decades, providing convenient access to cash and banking services for consumers worldwide. However, the ATM market has been undergoing significant changes in recent years, driven by advancements in technology, shifting consumer preferences, and evolving regulatory landscapes. In this blog, we will explore the current state of the ATM market, including its size, share, growth, trends, key players, and challenges.

Market Size, Share, and Growth

The global ATM market was valued at $19.7 billion in 2021 and is expected to reach $25.1 billion by 2026, growing at a CAGR of 5.1% during the forecast period. The Asia-Pacific region, led by countries like China and India, is the largest market for ATMs, accounting for over 40% of the global market share. The Indian ATM market, in particular, has been experiencing significant growth, with a market size of $1.2 billion in 2021 and a projected growth rate of 8-10% in the coming years. The country's rapidly growing economy and increasing financial inclusion have been driving the demand for ATM services.

Market Trends

Shift towards cash recycling ATMs: The growing demand for efficient cash management has led to the adoption of cash recycling ATMs, which can both dispense and accept cash, reducing the need for frequent cash replenishment and maintenance.

Integration of biometric authentication: ATM manufacturers are increasingly integrating biometric authentication technologies, such as fingerprint and iris scanners, to enhance security and prevent fraud.

Deployment of off-site and off-branch ATMs: To reach underserved areas and reduce operating costs, ATM deployers are focusing on installing off-site and off-branch ATMs in high-traffic locations like shopping malls, airports, and universities.

Adoption of mobile and digital banking: The rise of mobile and digital banking has led to a decline in ATM usage in some regions, as consumers increasingly prefer to conduct transactions through their smartphones and online platforms.

Key Players and Market Share

Diebold Nixdorf: The American Multinational Corporation is a leading player in the ATM market, with a market share of around 25%.

NCR Corporation: The American Technology Company is another major player in the ATM market, with a market share of approximately 20%.

GRG Banking: The Chinese ATM manufacturer has a market share of around 10%, with a strong presence in the Asia-Pacific region.

Hitachi-Omron Terminal Solutions: The Japanese joint venture between Hitachi and Omron has a market share of approximately 8%, with a focus on advanced ATM technologies.

Triton Systems: The American ATM manufacturer has a market share of around 5%, with a strong presence in the North American market.

Market Challenges

Declining ATM usage: The rise of mobile and digital banking has led to a decline in ATM usage in some regions, posing a challenge to ATM deployers and manufacturers.

Regulatory changes: Stricter regulations on ATM fees and surcharges have led to increased pressure on ATM deployers to reduce operating costs and maintain profitability.

Cybersecurity threats: ATMs are vulnerable to cyber-attacks, and deployers must invest in robust security measures to protect their systems and customers' data.

Maintenance and servicing costs: The high costs associated with maintaining and servicing ATMs, particularly in remote locations, can impact the profitability of ATM deployers.

Conclusion The ATM market is undergoing a significant transformation, driven by advancements in technology, shifting consumer preferences, and evolving regulatory landscapes. While the market continues to grow, particularly in emerging economies, ATM deployers and manufacturers face challenges such as declining ATM usage, regulatory changes, cybersecurity threats, and high maintenance and servicing costs. To succeed in this dynamic market, players must focus on innovation, cost-efficiency, and strategic partnerships to deliver secure, convenient, and accessible ATM services to consumers worldwide.

[datascraping001]

Google Search Results Data Scraping

Google Search Results Data Scraping

Harness the Power of Information with Google Search Results Data Scraping Services by DataScrapingServices.com. In the digital age, information is king. For businesses, researchers, and marketing professionals, the ability to access and analyze data from Google search results can be a game-changer. However, manually sifting through search results to gather relevant data is not only time-consuming but also inefficient. DataScrapingServices.com offers cutting-edge Google Search Results Data Scraping services, enabling you to efficiently extract valuable information and transform it into actionable insights.

The vast amount of information available through Google search results can provide invaluable insights into market trends, competitor activities, customer behavior, and more. Whether you need data for SEO analysis, market research, or competitive intelligence, DataScrapingServices.com offers comprehensive data scraping services tailored to meet your specific needs. Our advanced scraping technology ensures you get accurate and up-to-date data, helping you stay ahead in your industry.

List of Data Fields

Our Google Search Results Data Scraping services can extract a wide range of data fields, ensuring you have all the information you need:

-Business Name: The name of the business or entity featured in the search result.

- URL: The web address of the search result.

- Website: The primary website of the business or entity.

- Phone Number: Contact phone number of the business.

- Email Address: Contact email address of the business.

 - Physical Address: The street address, city, state, and ZIP code of the business.

- Business Hours: Business operating hours

- Ratings and Reviews: Customer ratings and reviews for the business.

- Google Maps Link: Link to the business’s location on Google Maps.

- Social Media Profiles: LinkedIn, Twitter, Facebook

These data fields provide a comprehensive overview of the information available from Google search results, enabling businesses to gain valuable insights and make informed decisions.

Benefits of Google Search Results Data Scraping

1. Enhanced SEO Strategy

Understanding how your website ranks for specific keywords and phrases is crucial for effective SEO. Our data scraping services provide detailed insights into your current rankings, allowing you to identify opportunities for optimization and stay ahead of your competitors.

2. Competitive Analysis

Track your competitors’ online presence and strategies by analyzing their rankings, backlinks, and domain authority. This information helps you understand their strengths and weaknesses, enabling you to adjust your strategies accordingly.

3. Market Research

Access to comprehensive search result data allows you to identify trends, preferences, and behavior patterns in your target market. This information is invaluable for product development, marketing campaigns, and business strategy planning.

4. Content Development

By analyzing top-performing content in search results, you can gain insights into what types of content resonate with your audience. This helps you create more effective and engaging content that drives traffic and conversions.

5. Efficiency and Accuracy

Our automated scraping services ensure you get accurate and up-to-date data quickly, saving you time and resources.

Best Google Data Scraping Services

Scraping Google Business Reviews

Extract Restaurant Data From Google Maps

Google My Business Data Scraping

Google Shopping Products Scraping

Google News Extraction Services

Scrape Data From Google Maps

Google News Headline Extraction   

Google Maps Data Scraping Services

Google Map Businesses Data Scraping

Google Business Reviews Extraction

Best Google Search Results Data Scraping Services in USA

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Conclusion

In today’s data-driven world, having access to detailed and accurate information from Google search results can give your business a significant edge. DataScrapingServices.com offers professional Google Search Results Data Scraping services designed to meet your unique needs. Whether you’re looking to enhance your SEO strategy, conduct market research, or gain competitive intelligence, our services provide the comprehensive data you need to succeed. Contact us at info@datascrapingservices.com today to learn how our data scraping solutions can transform your business strategy and drive growth.

Website: Datascrapingservices.com

Email: info@datascrapingservices.com

[techtoio]

How AI is Transforming Everyday Technology

Introduction

Welcome to TechtoIO! Today, we delve into one of the most exciting developments in modern technology: artificial intelligence (AI). AI has moved beyond the realm of science fiction and is now an integral part of our daily lives. From smart homes to personalized recommendations, AI is transforming everyday technology in ways we once only dreamed of. In this article, we explore how AI is reshaping various aspects of our lives and what we can expect in the near future. Read to continue

[bizconsultancy]

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Our platform connects you with top-tier consultants, offering personalized advice that propels your business toward growth and innovation.

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[sanjeev3214]

The global courier services market was valued at USD 376,822.24 million in 2024 and is expected to expand at a robust CAGR of 9.71% during the forecast period, reaching an impressive USD 656,980.58 million by 2031.

[vcqrupvt]

Why Need Build Customer Loyalty? A Comprehensive Guide

VCQRU is a leading anti-counterfeiting solutions company in India, offering one-stop solutions for anti-counterfeiting, custom QR code, smart packaging, labels stickers, and e-warranty solutions with dynamic QR code.

Read more: