Global Market Research Reports : Ken Research: July 2021

Friday, July 30, 2021

Future Growth of Global Smart LED Bulbs Market: Ken Research

Major players in the smart LED bulbs market are Legrand S.A., Acuity Brands, Inc., Eaton Corporation, General Electric Company, OSRAM Licht, Honeywell International Inc., Hubbell Incorporated, Koninklijke Philips N.V., Cree, Inc., and Lutron Electronics.

The Global Smart LED Bulbs Market is expected to decline from USD 8.82 billion in 2019 and to USD 7.5 billion in 2020 at a compound annual growth rate (CAGR) of -15%. The decline is mainly due to the COVID-19 outbreak that has led to restrictive containment measures involving social distancing, remote working, and the closure of industries and other commercial activities. The entire supply chain from production to international trade has been impacted negatively. The market is then expected to recover and reach USD 14.09 billion in 2023 at CAGR of 23.4%.

The smart LED bulbs market consists of sales of smart LED bulbs and related services that are used in indoor and outdoor lighting. The smart LED bulb establishments are primarily engaged in the manufacturing smart LED bulbs and required accessories. Smart bulb is an internet-enabled LED light bulb that allows the lighting to be personalized, programmed and regulated.

Europe was the largest region in the smart LED bulbs market in 2019. North America and Asia Pacific were the fastest growing regions in the smart LED bulbs market in the forecast period.

In October 2019, Signify, the world leader in connected LED lighting systems, software and services, acquired Eaton Corporation for USD 1.4 billion in cash. Through this acquisition Signify estimates that the Cooper deal will increase its revenues from the Professional sales sector from 42% to 53% of total sales. Increasing that sector revenue share will presumably rise the margins significantly. Eaton Corporation, an Ireland based company, provides energy-efficient solutions that help customers effectively manage electrical, hydraulic and mechanical power more efficiently, safely and sustainably.

The smart LED bulbs market covered in this report is segmented by technology into wired technology; wireless technology. It is also segmented by application into indoor lighting; outdoor lighting.

The higher cost of installation of smart LED bulbs is a key factor hampering the growth of the smart LED bulbs market. The initial cost of integrating or replacing the lighting system in industrial installations is high, especially for small and medium-sized industries. Popular brands of smart LED bulbs such as Philips Hue and LIFX can at times charge as much as USD 60 per bulb, depending on factors such as form, size and whether they can produce different colours or simply varying shades of white. Therefore, higher cost of installation is expected to limit the growth of the smart LED bulbs market.

The Wi-Fi enabled LED bulbs is a key trend in the smart LED bulbs market. Wi-Fi-enabled LED bulbs connect to the home router and therefore, do not need a network that cuts down on clutter and problems. Wi-Fi capable lights can be operated easily through the brand-connected application. They can also be used with smart assistants, like Alexa and Google, to monitor the lights. Lifx is one of the upcoming player for Wi-Fi LED lights, the brand is widely seen as Philips' top competitor, leading the way in new, intelligent lighting. Although Lifx lights are more expensive than the products of Philips, they burn brighter, last longer, and give off infrared light in the dark, making them suitable for outdoor and porch fixtures near security cameras.

The development of smart cities is a key factor driving the growth of the smart LED bulbs market. The lighting of smart cities will play a major role in the future growth and the future of street lighting systems in smart cities will be LED lighting network. With the rise of smart cities, the lighting controls industry will be driven as countries will witness a revolution in the areas of light management. For instance, in 2019, the Indian government is committed to creating 100 smart cities, and as part of the USD 14 billion plan, 99 cities have already been announced. Therefore, the development of smart cities is expected to drive the smart LED bulbs market.

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Global Smart LED Bulbs Market

Related Reports:-

Global Smart LED Bulbs Market 2019 by Manufacturers, Regions, Type and Application, Forecast to 2024

Global Smart LED Bulbs Industry Research Report 2021 Segmented by Major Market Players, Types, Applications and Countries Forecast to 2027

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Ankur Gupta, Head Marketing & Communications

Ankur@kenresearch.com

+91-9015378249

Global Serviced Office Market Research Report: Ken Research

Major players in the serviced office market are WeWork Companies, Servcorp, Regus, IWG Plc., Bizspace Ltd, Alley, Croissant, Davinci Virtual, and Green desk.

The Global Serviced Office Market is expected to decline from USD 30.06 billion in 2019 to USD 27.95 billion in 2020 at a compound annual growth rate (CAGR) of -7.02%. The decline is mainly due to the COVID-19 outbreak and the measures to contain. Government across the world mandated work-from-home for most of the organizations, while some which cannot work from home are shut down temporarily. The market is then expected to recover and reach USD 57.58 billion in 2023 at CAGR of 27.24%.

The serviced office market consists of offering of fully equipped office or office building, managed by the office provider and related services. Serviced office are provided with some services like dedicated receptionist, administrative support as well and facilities like conference rooms, meeting rooms, air conditioning and other utilities. A serviced office is a furnished and fully-equipped pay-as-you-use office space, located in a building managed by the office and services provider.

Europe was the largest region in the serviced office market in 2019. Asia-Pacific expected to be the fastest growing regions in the forecast period.

In January 2019, A Philippines based flexible offices space online marketplace fly space acquired quick space, for an undisclosed amount. Quick space is a Hong Kong based serviced office provider. The acquisition will help fly space to expand the operation and accelerate fly space growth in Hong Kong.

The serviced office market covered in this report is segmented by offering into private offices, virtual offices, others. It is also segmented by vertical into IT and telecommunications, media and entertainment, retail and consumer goods and by space provider into big brands, independent.

Lack of available space in some cities has always been a major challenge in the serviced office market. In recent years, availability of large conventional spaces in well-developed countries has been decreasing and land rate in desired locations is increasing due to which the service office provider firm is not able to afford to buy and supply the offices with the basic needs. Lack of large spaces can harm the serviced office market.

The serviced offices are implementing the internet of things into their services. A smart serviced office same in most of the aspects as a serviced office except that smart serviced office is equipped with sensors, interactive devices, etc. For companies that are concerned about costs, the smart serviced office provides management services with the use of technology. For instance, an empty meeting room or a quiet area within the smart serviced office can be found easily using sensors. There are many advantages with IoT in the serviced office. Smart serviced offices offer several advantages such as improved time management, efficiency, reduced operational cost.

Governments are increasingly supporting and funding start-ups and SMEs which is primarily contributing to the growth of serviced offices. The serviced office is a type of office which is supplied with each and everything needed for an office and it is offered on rent. Start-ups and SMEs will not have many funds, and time to build the office. Therefore, most of the firms move in Serviced offices or co-working spaces. According to the World Bank, there are 400-500 million SMEs, startups across the globe, the number is increasing day by day due to extensive support by the government. Increased Government support and funds for startups and SMEs boosted the demand for the serviced office market.

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Global Serviced Office Market

Related Reports:-

Global Serviced Office Market 2019 by Company, Regions, Type and Application, Forecast to 2024

(COVID-19 Version) Global Serviced Office Market Status (2015-2019) and Forecast (2020-2025) by Region, Product Type & End-Use

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Ken Research

Ankur Gupta, Head Marketing & Communications

Ankur@kenresearch.com

+91-9015378249

Developing the Insights of Global Medium Voltage Ring Main Unit Industry Outlook: Ken Research

Ring main unit is a wrapped and compact metal-enclosed switch gear broadly used in urban power distribution network. It comprises of one unit and two switches that link both sides of the load to the major conductors. It also consists a fusible switch or circuit breaker that tees-off to feed a medium voltage to low voltage distribution transformer. The ring main unit is nominated according to voltage ratings and is appropriate for indoor and outdoor installations Ring main unit features SF6 gas insulation, integral protection system, fully extendible options, and modular & compact construction. It is low maintenance. Ring main unit is broadly used at ring-category distribution network junction points and in underground cable distribution network at the load connection.

According to the report analysis, ‘Global Medium Voltage Ring Main Units Industry Research Report 2021 Segmented by Major Market Players, Types, Applications and Countries Forecast to 2027’ states that ABB, Toshiba, Eaton, Schneider Electric, Creative Distribution Automation, Siemens, Daya Electric, CEEPOWER, SOJO, Larsen & Toubro, Aepe, TGOOD, Jiangsu DayBright Intelligent Electric, Sevenstars Electric, HEZONG, G&W Electric and many more are the foremost corporates which recently operating in global medium voltage ring main units industry more effectively for leading the highest market growth and registering the handsome value of market share around the globe while increasing the applications and specifications of such, decreasing the linked prices of such, improving the qualitative and quantitative measures, analysing the strategies and policies of government as well as corporates, implementing the policies of enlargement and profit making, establishing the several research and development programs, employing the young and active personnel, spreading the awareness connected to the applications and delivering the better consumer satisfaction.

By types, the global medium voltage ring main unit is categorized into solid insulated, gas insulated and air insulated. By application, the global medium voltage ring main unit is classified into residential and utilities, industries and many more.

Capacity additions, growing electricity requirement, and industrialization projects in the regions such as China, Japan, India, and South Korea are the major reasons spurring the growth of the ring main unit market in the region. In India, aspects such as rural electrification, acceptance of smart grids, and substation automation projects are increasing the requirement for medium voltage ring main units. Demand for ring main unit is increasing owing to rise in automation and industrialization across the globe. Not only has this, the demand for electricity is high due to growth in populace. This is propelling the Global Medium Voltage Ring Main Unit Market. Increase in distribution networks and modernization of prevailing power infrastructure are projected to boost the requirement for medium voltage ring main units during the forecast period.

The organized players in global medium voltage ring main units market are accepting the policies of enlargement such as partnership, new product development, amalgamation, joint venture, merger and acquisition and several others. Therefore, in the near years, it is predicted that the market of medium voltage ring main unit will increase around the globe more effectively over the upcoming years.

For More Information, refer to below link:-

Global Medium Voltage Ring Main Unit Market Analysis

Global Biometric PoS Terminals Industry Research Report 2021 Segmented by Major Market Players, Types, Applications and Countries Forecast to 2027

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Ankur Gupta, Head Marketing & Communications

Ankur@kenresearch.com

+91-9015378249

Effective Growth in Trends of Hydraulic Components Market Outlook: Ken Research

Hydraulics is a branch of applied science and up-to-date technology that utilizes chemistry, engineering, and other sciences that comprise mechanical possessions and the utilization of liquids. Hydraulic systems optimize an incompressible fluid, such as water or oil, to communicate forces from one particular location to another within the fluid. Hydraulics is utilized for the transmission and creation of power with the optimization of pressurized liquids. Hydraulic components are reliant on concepts such as fluid control circuitry, dam design, pipe flow, pumps, and fluidics.

According to the report analysis, ‘Global Hydraulic Components Industry Research Report 2021 Segmented by Major Market Players, Types, Applications and Countries Forecast to 2027’ states that Eaton, Weber-Hydraulik, Bosch Rexroth, Hydratech Industries, Pacoma, Cromsteel(ASO), Nurmi Hydraulics, Parker, Ligon Industries, Caterpillar, Enerpac, Wipro Enterprises, KYB, DY Power, Komatsu, Hunan Teli, Hengli, Bengbu Yeli, Hubei Jiaheng, Changjiang Hydraulic, and many more are the key corporates which recently functioning in global hydraulic component industry more effectively during the recent years for leading the highest market growth and registering the high value of market share around the globe while increasing the benefits and applications of such, spreading the awareness connected to the applications and specifications of such, delivering the better consumer satisfaction, employing the young and active personnel, decreasing the associated prices of such, analysing the strategies and policies of government as well as corporates, implementing the policies of enlargement and profit making, improving the qualitative and quantitative measures of such, and establishing the several research and development programs.

By types, the global hydraulic component is segmented into cylinder barrel, piston, piston rod and several others. By applications, the global hydraulic component is classified into single acting cylinders and double acting cylinders.

Investments in infrastructure segment has been growing significantly, primarily in underdeveloped economies such as China and India, due to speedy urbanization and populace migration from rural to urban locations. Technological innovations in hydraulic components with respect to design stipulations in order to decrease the cost and optimize proficiency are projected to augment the implementation of hydraulic components during the next few years.

Whereas, it is predicted that Asia Pacific accounted for a foremost share of the global hydraulic components market during the present era. Growth of the market in the region can be attributed to rapid industrialization and urbanization. Producing and industrial segments are enlarging at a speedy pace in India. This is boosting the Global Hydraulic Components Market during the country. Growth of the construction segment, augment in sales of construction equipment containing hydraulic components, and augment in investments for developing smart machine tools are projected to propel the hydraulic components market during the near future.

Furthermore, the organized players in the global hydraulic components market are opting the strategies of enlargement such as partnership, new product development, merger and acquisition, joint venture, amalgamation and several others for generating the high percentage of revenue and ruling around the globe more effectively. Therefore, in the near years, it is predicted that the market of hydraulic components will increase around the globe more effectively over the coming years.

For More Information, refer to below link:-

Global Hydraulic Components Market Analysis

Global Plastic Rolling Bearings Industry Research Report 2021 Segmented by Major Market Players, Types, Applications and Countries Forecast to 2027

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Ken Research

Ankur Gupta, Head Marketing & Communications

Ankur@kenresearch.com

+91-9015378249

Business Research Company, Market Research Company, Top B2B Market Research Company, Market Research Reports: Ken Research

At Ken Research, the market research is obtainable as a service to sustenance any company, service provider, individual or entity make better, more well-versed choices. The more research is embedded in the strategic schedule of a firm, the better equipped it is to deal with the transforming surroundings within which it functions.

We believe that, the market research is a systematic, objective collection and analysis of data about your target market, competition, and/or environment and your objective should be to augment your understanding of them. The research reports of Ken Research guide your communication with the present and potential consumers. As once you have your research results, you should have enough ammunition to form the most proficient manner to communicate to your consumers. You should know what they like/don’t like to catch/see/do. Then you can tailor what you say to them to create them take action. Moreover, our both primary research and secondary research can be optimized as an insurance policy against both obvious dangers on the road ahead. Link this with qualitative research for bottomless probing can highlight certain selections or warning symbols that may otherwise have been unused.

Although, through market research company, you may find all the information you require to decide whether to take action on a specific subject. For example, you may find that the specific place where you wanted to open a shop already has an inundated market in your line of business, which should make you chorus from making that decision and look for a more suitable spot. Furthermore, fresh research can unearth foremost trends and new markets that the business has perchance not noticed before. The importance of this is that it can enable a business to focus their efforts on fresh trends or consumers as well as their prevailing ones. A business which keeps updated to fresh customers, changing social trends and forward-moving technology is more agile and able to adapt to everchanging client requirements.

Our market research reports can uncover potential terrorizations or threats to a business which may have gone unnoticed or were not measured. Such threats could be in the form of competition, substitute products or fresh, easier manner of production. Whilst they are problems, if they are recognized, considered and action taken, it enables the business to be a step ahead in dealing with the issues. This augments the probabilities of not only survival but also continued accomplishment.

Outstanding market research and quality decision making based on the facts acknowledged from marketing research will safeguard the sure survival of your company on the market. With quality market research, you can recognize the opportunities for your company and at the same time will safeguard the threats that will come from the market. You will always know and continuously will learn about your consumers, your competitors, and your marketing efforts. You can effortlessly flourish in lowering risks about fresh products or services that you plan to announce on a precise market because such products and services will be arranged especially for the real market requirement. Process will deliver you all the basic marketing benchmarks that you must entire. In such a manner, you can evaluate your marketing efforts and constantly develop the entire marketing strategy for your company.

In addition, the business research company will deliver you with insights on which decisions to contrivance. For example, the idea of enlargement is something that all businesses dream of but it is not a step that all should take. Often, this instantaneous jump leads to their downfall. The research supported out will also give you inkling on whether a certain project will be efficacious or not. When you start a business, it pays to know whether each conclusion you make will be good for your business. Thorough market research will also assist you in advancing your product or service. Continuously developing the product/service you deliver is a must if you want your business to increase. If you’re delivering subpar services, no matter what tactic you employ, you will not be able to tap your consumer’s loyalty.

Market Research will tell you your customer’s requirements and wants which is significant. A business should fill a void in a customer’s life. If you’re delivering the services and products that they do not require then why would they avail it? Another reason is that you will be knowledgeable of the latest viral trends. This means you can jump on them and interest more consumers.

Nonetheless, Market research will tell you what your brand standing is. This means that you can know what your clienteles think of your brand which enables you to rebrand if required. For example, brands which are measured as catering to only one group of individuals can rebrand so that they are more inclusive of all consumers regardless of sex, social status, age, etc. This also enables you to tap into more markets. As a business, particularly for startups, it is recommended that you take the time to build up a countless reputation. You want to look accommodating and approachable. The image you build is essential as it will determine which consumers you can interest.

Every brand requires making a promise. If you think of the most known brands, they all make a promise to you and you frequently know what is by just looking at their logo. It can be safekeeping, a fast and tasty meal or the assurance of topmost technology. It requires to be simple and market research can support you define what your brand’s potential is.

Market research comprises gathering data about consumers require and preferences. However, for any product, company, or industry, market research is an appreciated tool and supports for strategic decision-making. Ken Research can help your business or organization with its market research requirements. From online surveys to aim groups, we are a full-service market research company. Concerned in learning more or getting a proposal? Contact our team today.

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Global Market Research Companies

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Ken Research
Ankur Gupta, Head Marketing & Communications
Ankur@kenresearch.com
+91-9015378249

A disc brake is a category of brake which comprises of a disc rotor which rotates together with the wheel and the stationary brake calliper accumulate which is equipped with brake pads. Disc brakes proposal assistances such as optimal operation without the requirement of additional expenses for adjustment and cleaning, less cooling time and entire capacity. In comparison to drum brakes, disc brakes deliver better stopping routine, as the disc is cooled readily. Consequently, the disc brakes are less prone to brake fade caused by overheating of brake components and they recover speedily from immersion. Thus, auto producers are progressively deploying disc brakes in vehicles due to enhanced riding experience and growing requirement for safety. Disc brakes offer more controlled and shorter braking reserve irrespective of the road conditions, thereby safeguarding the safety of the occupants.

According to the report analysis, ‘Global Disk Brakes Industry Research Report 2021 Segmented by Major Market Players, Types, Applications and Countries Forecast to 2027’ states that Brembo, Hayes Disc Brakes, ATE Brakes, EBC Brakes and several others are the foremost corporates which recently functioning in global disk brakes industry more effectively for leading the highest market growth and registering the handsome value of market share around the globe in the coming years while delivering the better consumer satisfaction, increasing the applications and benefits of such, spreading the awareness connected to the applications and specifications of such, establishing the several research and development programs, analysing the strategies and policies of government as well as corporates, implementing the policies of enlargement and profit making, spreading the awareness connected to the applications of such and improving the qualitative and quantitative measures of such.

By types, the global disk brakes industry is classified into sport line, turismo line and several others. By applications, the Global Disk Brakes Market is categorized into motorcycles and scooter, bicycles, heavy vehicles, rail and aircraft and several others.

The effective growth in awareness of safety regulations, which is in turn resulting in increasing demand for better technologies in braking systems, is primarily propelling the growth of the automotive disc brakes market round the globe. Further, stringent government regulations on stopping distance demand, specifically in the developed regions such as, the U.S. are powerfully bolstering the growth of the worldwide market. Additionally, increasing demand for two wheelers, passenger vehicle and commercial vehicles along with the severe government mandates for advancing the vehicle safety around the globe has been positively impacting the growth of the automotive disc brakes market. The global market is observing the advent of advanced technological improvements such as electric-mechanical systems and boosters. Such advancements are set to offer possible growth opportunities to the automotive disc brakes market throughout the forecast period from 2017-2025.

The organized players in global disk brakes industry are effectively accepting the strategies of enlargement such as joint venture, new product development, joint venture, merger and acquisition, amalgamation and many more for generating the highest percentage of revenue and ruling around the globe. Therefore, in the near years, it is predicted that the market of disk brakes around the globe more effectively over the coming years.

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Global Disk Brakes Market Analysis

Global High Performance Wheels Industry Research Report 2021 Segmented by Major Market Players, Types, Applications and Countries Forecast to 2027

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Ken Research

Ankur Gupta, Head Marketing & Communications

Ankur@kenresearch.com

+91-9015378249

Customer Satisfaction Survey In 2021, Customer Satisfaction Survey Questions, Customer Feedback Survey: Ken Research

Hoping to develop the customer experience, companies clog people’s email inboxes with customer satisfaction surveys enquiring about their latest store visit or online transaction. Robocalls continue to nag individuals, often throughout the busy times. Even social media is not resistant, as some of the largest social networks have presently rolled out poll abilities for the users. Done well, a survey is an honest method to authentically developing the customer satisfaction. Not taking the time to generate a high-quality survey instead produces a wasted opportunity.

Customer satisfaction surveys are an approach of getting consumer feedback to support companies measure satisfaction, function market research, and gauge expectations. Most of the consumers don’t bother to complain, making consumer surveys an outstanding manner for organizations to gauge customer satisfaction and ask questions to healthier understand their customers’ issues. When you generate a survey designed to gather feedback, instead of trusting on internal perceptions, a company can check in a concrete manner on how they are actually functioning. So it’s no wonder that many businesses are progressively reaching out to their consumers for feedback on what they’re doing well, and more essentially what requires to be developed.

Customer satisfaction survey is not an end-all-be-all method to customer experience measurement, but it is a crucial piece of brand conservation and customer relationship management. Individual communications carry a lot of weight with your consumers.

Developing the manner, you ask customers for feedback can make a monumental difference in your business. Even if you’re not a foremost rideshare company, you probably have effective customer interactions every day that you’d like to measure more proficiently. There are a number of best practices you can take away to generate a meaningful survey with actionable feedback:

Send customer satisfaction surveys in an appropriate manner.

Keep customer satisfaction surveys to 3 queries or less.

Ask consumers to elucidate their rating or response.

Comprise an open-ended question.

Engrave your survey questions.

At Ken Research, studies show satisfied clients tend to procure the products more often and progress the loyalty to a particular brand. They often spread the word by acclaiming the products and services to friends and family as an informal referral technique. Customer satisfaction surveys distribute the firm precise information about positive and negative perceptions, which could advance the marketing or sales efforts.

A customer product satisfaction survey of Ken Research might be insignificant unless it generates statistical data that can be systematically analysed. The first step to enlightening a meaningful online survey is to produce the intended goals and a procedure for comparing results. Employees answerable for analysing survey results should have some background in statistics to make the survey communicative. When drafting survey questions, as much detail as possible should be contained in the questionnaire, along with arrange for independent consumer comments.

At Ken Research, Client satisfaction surveys are designed to convey you feedback on the services that you deliver that you can’t get from simply determining how you think your clients feel from your one-on-one connections. Clients may be friendly individuals, but that doesn’t mean that they’re planning to pursue to work with you. With our client satisfaction surveys, your company will be able to track the client satisfaction, spot problems and dissect the data.

Our market research reports on client satisfaction survey, deliver you instant results, unrestricted feedback, and enable for customer incentives in exchange for completing surveys. Such quick and easy surveys are cost-effective and user-friendly. Surveys can be directed via mobile or computer, with QR codes or kiosk links.

Surveys deliver you the chance to generate a client satisfaction baseline from which you can judge transformation in your business. There isn’t essentially a “good” or “bad” satisfaction score. What’s essential is that you know whether or not there are transformations based on the services you deliver. If you conduct satisfaction surveys frequently, you will be able to analyse movement in client satisfaction and determine if anything has developed or worsened the manner clients see your business.

Although, with our research reports, not only can you gather satisfaction data on your clients, you can also dissect it by services, category of clients, etc. Perhaps you have outstanding satisfaction scores for every component of your business excluding for one type of client – you can dissect the data and see which portion you’re struggling with, and then work on those precise areas until you’ve developed it considerably.

Furthermore, every customer is exclusive, meaning each customer's purchasing journey offers businesses a diverse opportunity to craft a positive experience. By asking a range of detailed and open-ended questions, you can gather an inclusive picture of how positively or negatively clienteles view their communications with your business. Moreover, it's important to constantly survey your customers, especially after instigating changes based on previous customer feedback you've acknowledged. Comprise specific questions connected to the changes you've made, and analyse the answers to assess if the change resulted in a more positive or negative experience than before.

After numerous iterations of our customer surveys (and then analyzing the results), you should be capable to identify patterns in the responses. Patterns may apparent in matrix rating scale questions or open-ended rejoinder boxes. Use such patterns to notify future decision-making.

Measuring your clients is the best manner to receive this data and analyse it accordingly, and with the accurate survey tools it can be as easy as few clicks. With Ken Research, you can produce and deploy a survey in minutes, and then analyse results in real-time optimizing our online reporting tools .If you require to create a Customer Feedback Survey and customer product satisfaction survey, Ken Research is your best source for reasonable survey software that is certain to make a difference.

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Customer Satisfaction Survey Report

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Ken Research
Ankur Gupta, Head Marketing & Communications
Ankur@kenresearch.com
+91-9015378249

Global Autonomous Construction Equipment Market Research Report: Ken Research

Major players in the autonomous construction equipment market are Komatsu Ltd, Caterpillar Inc., Hitachi Construction Machinery Co., Ltd., Volvo Construction Equipment, Built Robotics, Inc., Cyngn, Royal Truck & Equipment, Case Construction Equipment, and Deere and Company.

The Global Autonomous Construction Equipment Market is expected to decline from USD 9.53 billion in 2019 to USD 8.46 billion in 2020 at a compound annual growth rate (CAGR) of -11.28%. The decline is mainly due to the COVID-19 outbreak that has led to restrictive containment measures involving social distancing and remote working, and the closure of industries and other commercial activities. Manufacturing. The market is then expected to recover and reach USD 14.05 billion in 2023 at CAGR of 18.45%.

The autonomous construction equipment market consists of sales of autonomous construction equipment which works on wireless communication technologies, by interfering with radio signals from other equipment, receiving commands and reporting status. The equipment includes hardware retrofit and sensors added to get machine and process feedback, as well as knowledge of position and the surroundings. It assures benefits like improved safety, increased productivity, and reduced unscheduled maintenance. The market consists of revenue generated by the companies manufacturing autonomous construction equipment by the sales of these products.

North America was the largest region in the autonomous construction equipment market in 2019. Asia Pacific is expected to be the fastest growing region in the forecast period.

Making existing equipment autonomous is the growing trend in Autonomous construction equipment market. Companies are interested in automation but implementation cost for deployment of technology is high. Therefore, construction companies are planning to rent autonomous machines to stay competitive by using new technology without the potential barriers of high investments. This is mainly avoid costs associated with purchasing a construction equipment. For instance, cost of owning a commercial truck may add up to roughly USD 8,500 annually according to the statistics. To reduce the overall expenses, they are working on solutions to make their existing equipment autonomous. Built Robotics, is providing a manufacturer-agnostic solution to clients that wants to automate their machine by which customer could make their machinery autonomous without sacrificing manual operating capabilities. With more machines to be likely become autonomous in the future, promising developments are on the horizon.

The market covered in this report is segmented by autonomy into partial/semi-autonomous. It is also segmented by product type into earth moving equipment; construction vehicles; material handling equipment; concrete & road construction equipment and by application into road construction; building construction; others.

In June 2019, Mortenson, a U.S.-based, top-20 builder, developer and leading renewable energy contractor, has announced a strategic partnership with a San Francisco-based developer of autonomous robotic equipment technology, Built Robotics. Built Robotics builds robotic upgrade kits for common construction equipment such as bulldozers, excavators and skid steers. Combined with its proprietary software, it designs autonomous equipment with multilayer safety systems to ensure 100 percent safe operation. The deal will focus on heavy civil earthmoving activities on renewable energy projects that Mortenson is building in North America.

Most of the construction companies are facing heavy equipment operator shortage throughout the world. Manufacturers are more focused towards technology such as robotics and automation primarily to combat labor shortages along with finishing up their tasks faster, reduce wastage and provide high yields with improved quality. Experts believed that, one of the best solutions to combat labor shortage is to automate construction equipment, especially in remote areas, for repetitive tasks and in locations with significant labor shortages. Therefore, shortage in labor or skilled workforce is driving the Autonomous construction equipment market.

Safety and cyber security issues have always been a major challenge in the autonomous construction equipment market. To automate construction equipment, regardless of the control system used, cybersecurity always remains a key concern as it is challenging to control the potential damage that could be caused by hacking of heavy equipment. It presents remote access for hackers to exploit system vulnerabilities of communication systems between vehicles and infrastructure. Threats associated with the protection and safety of the personal information is always being a major concern, limiting the growth of the Autonomous construction equipment market.

For More Information, Click on the Link Below:-

Global Autonomous Construction Equipment Market

Related Report:-

Global Autonomous Construction Equipment Market 2019 by Manufacturers, Regions, Type and Application, Forecast to 2024

Contact Us:-

Ken Research

Ankur Gupta, Head Marketing & Communications

Ankur@kenresearch.com

+91-9015378249

Significant Growth In Trends Of Global Lash And Xpoint Memory Market Outlook: Ken Research

Lash and Xpoint innovation is a crossover memory innovation which incorporates effective suggesting of blaze memory. Lash and Xpoint innovation has an alternate schedule structure which is speedier and more inflexible when contrasted with the NAND streak. Furthermore, XPoint innovation has the great stockpiling restriction when contrasted with the customary memory stockpiling.

According to the report analysis, ‘Global lash and Xpoint Memory Market Status (2015-2019) and Forecast (2020-2024) by Region, Product Type & End-Use’ states that Micron, Intel and many more are the key corporates which presently operating in global lash and Xpoint memory market more effectively for leading the highest market growth and registering the greatest value of market share around the globe during the near years while increasing the applications and specifications of such, delivering the better consumer satisfaction, improving the qualitative and quantitative measures, decreasing the linked prices of such, employing the young and active personnel, spreading the awareness connected to the applications and specifications of such, analysing the strategies and policies of government as well as corporates, implementing the policies of enlargement and profit making, and establishing the several research and development programs.

By type, the global Lash & XPoint memory market is categorized into 3D Xpoint, 3D NAND, NAND and NOR. By application, the global Lash & XPoint memory market is segmented into consumer, mobile and computer.

Whereas, the 3D XPoint market is upgrading the whole memory stockpiling market as far as origination. The most imperative viewpoint which is propelling the 3D XPoint market is the high level of execution and diminished dormancy when contrasted with DRAM and NAND. 3D XPoint, as contrast with the NAND modernization is minimal effort and enormous limit stockpiling. There are a few dissimilar viewpoints influencing the worldwide 3D XPoint market, for example, superior, limit stockpiling, memory and perseverance at a sensible price which are the foremost drivers for the 3D Xpoint innovation. The innovation supports in putting away vast volume of information utilizing little space which brings about diminished expenditures. The application of memory stockpiling modernization in the electronic applications is determinedly developing which is further propelling the market of 3D Xpoint. The 3D Xpoint innovation has immense open doors in the training, social insurance, car and retail applications as enormous number of memory stockpiling innovation applications are being conservative. In any case, 3D Xpoint market is seeing prodigious interface restriction which is expected limiting the development of the market.

Based on the geography, the global lash and Xpoint Memory Market is categorized into Asia Pacific region, Europe, North America, Middle East & Africa, and South America. North America and Asia Pacific regions are anticipated to account for great market share in the Global lash and Xpoint Memory Market. Particularly in the Asia Pacific region, regions such as China, Korea, India and Japan are propelling the market. As such regions have the greatest concentration of the electronic equipment manufacturing organizations. Therefore, in the near years, it is predicted that the market of lash & XPoint will increase around the globe more effectively over the upcoming years.

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Global lash and Xpoint Memory Market

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Ken Research
Ankur Gupta, Head Marketing & Communications
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Thursday, July 29, 2021

Global Smart Microwave Oven Market Research Report: Ken Research

Major players in the smart microwave oven market are Electrolux AB, Whirlpool Corporation, LG Electronics, Breville USA Inc., Panasonic, GE(Haier), Sharp, SAMSUNG, Robert Bosch, and BSH Home Appliances Corporation.

The Global Smart Microwave Oven Market is expected to grow from USD 1.86 billion in 2019 and to USD 1.91 billion in 2020 at a growth rate of 2.76%. The slow growth in 2020 is mainly due to the economic slowdown across countries owing to the COVID-19 outbreak and the measures to contain it. The market is then expected to grow and reach USD 3.06 billion in 2023 at CAGR of 16.9%.

The smart microwave oven market consists of sales of smart microwave oven and related products which include Grill Microwave Oven,Convection Microwave Oven, Microwave/Light-wave Oven and more. Smart microwave ovens are programmed to connect to smart appliances such as phone apps, phone, smart dishwashers, smart speakers and more by which instructions to oven can be given through smart phones and without the need for manual instructions. The companies engaged in manufacturing of smart microwave ovens design, manufacture and market smart microwave oven with Bluetooth-, Wi-Fi-enabled, near-field communication and more technologies which enables the consumer to operate the smart device from anywhere for household and business users.

North America was the largest region in the smart microwave oven market in 2019. Asia Pacific was the second largest region in the smart microwave oven market in 2019.

In 2019, LG Electronics USA, Inc., a South Korea-based leading manufacturer of home appliances, consumer electronics and mobile communications partnered with Tovala. The partnership of integrating Tovala IQ technology into LG smart ovens benefits both the companies and the customers as the customers can scan the Tovala's food package barcode to extract the data from Tovala's database for the final preparation of the food. Tovala, a US-based all-in-one appliance and gourmet meal service which aims at simplifying home cooking with the meals prepared by professional chefs and delivered to doorstep which require few minutes for final preparation.

Cybersecurity paves risk to any smart appliance market with hackers providing a way to operate the appliance to cause harm to the user in any means. The smart microwave ovens can be set to pre-heat or can be controlled for temperature adjustments remotely which means a hacker can potentially cause harm to the user. In 2017, hackers could control smart home appliances of LG including smart ovens of millions of customers due to a security flaw in the smart home appliances. The vulnerability in the LG Smart ThinQ mobile app and cloud application Home Hack allowed to control user's smart appliances. LG in 2016 sold around 80 million smart home appliances including smart ovens to customers all of which were effected by security flaw. In 2019, June Oven, a smart oven of June was reported to pre-heat by itself without the interference of the user overnight. The safety issues arising due to cyber-attacks might hinder the market growth during the forecast period.

Scan-to-cook feature is a technology which makes the preparation and cooking of pre-packaged and frozen foods easier with a scan of the barcode over the package by the smart phone with the use of an associated app. The customised and recommended instructions are sent to the microwave oven with a barcode scan which results in perfection of the meals being prepared. In 2019, Amazon launched Alexa smart oven with Scan-to cook feature which is a combination of microwave, convection cooker, air fryer, and food warmer which works well with many pre-packaged foods those by Amazon-owned Whole Foods as well. Whirlpool introduced the first scan-to-cook technology into the market. With a busy lifestyle globally many families prefer frozen foods for meals and with the advantage of Scan-to-cook feature the user need not depend on frozen food preparation instructions which takes guesswork out of cooking and results in perfection which is expected boost the demand of smart microwave oven market.

With increasing consumer preference for technologically advanced products there is a rise in penetration of smart home appliances like smart microwave ovens. The smart microwave oven is gaining interest among consumers as it is remotely accessed and operated with an user-friendly interface. Most manufacturers smart home appliances can communicate with Alexa, iOS, Droid, Dash, Nest and Google Home through which instructions can be given to the smart oven. In 2018, LG introduced Neo Chef microwave oven which is equipped with LG's unique Smart Inverter technology which helps in preserving nutrients and retaining the flavor. This also exhibits an enhanced feature like Anti-Bacterial Easy Clean that helps in maintaining the oven clean. In 2019, GE announced that its microwave ovens can be operated with Google Assistant using voice commands. Manufacturers are being encouraged to produce innovative and advanced products with customer interest to accept and adopt emerging technology which is expected to drive the market growth.

For More Information, Click on the Link Below:-

Global Smart Microwave Oven Market

Related Reports:-

Global Smart Microwave Oven Market 2019 by Manufacturers, Regions, Type and Application, Forecast to 2024

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Ken Research

Ankur Gupta, Head Marketing & Communications

Ankur@kenresearch.com

+91-9015378249

Build Trust and Credibility with Your Desired Target Audience with Our Services Of Lead Generation: Ken Research

It’s no secret that most efficacious businesses in today’s environment demand a larger audience base and continuously seek methods for developing their marketing strategies to augment this audience. Lead generation is one of the most significant aspects of any marketing strategy and acts a stimulant for probable customers. It is the propelling factor from initial customer engagement all the manner through a final purchase.

A business lead is anyone that has articulated interest in your product or a craving to exploit your service. Leads may be created through word of mouth, phone calls, and several others but the most common source is through the online engagement, such as your website or advertisements. The abundance of information voluntarily obtainable online has contributed to this through the augment of self-directed buyers.

Today, there is an extensive variety of techniques that efficacious business capitalizes on in an effort to create potential sales leads before they migrate to the company’s sales division. Transporting in business through lead generation can be one of the most significant aspects of a marketing strategy.

The Lead generation enables you to target your desired consumers at dissimilar demographic locations and gather important information about prospects, their requirements, and their preferences. That can support you tailor the value of your product or service to meet their wants, requirements and/or interests.

But, it’s not only about the number of leads. It is about their superiority. For example, SaaS entities should aim their efforts on attracting the right projections for their company utilizing a lead generation strategy to determine who their qualified prospects are, what category of content they consume, and how you can turn them into consumers.

We make accessible an enthusiastic management team for you. Our team improved a lead development strategy that is unsurpassed to your organization. We are engaging with the more than a few prospects around all the channels consuming some forms of media communication. In addition to lead generation, the Ken Research carries the database explanations, event marketing services and account-based marketing. We receipt the heavy-lifting off your plate for the LinkedIn B2B lead generation.

Nonetheless, the Ken Research as leading digital marketing agency in India cartels robust technology with the backing of high-quality sales professional to generate the global lead generation websites. We necessarily transport everything you necessitate to employ with a contact, without basically having to create those calls on your own. We can be functioned throughout the whole consumer excursion procedure. From the lead generation to customer feedback, such service has the whole thing you necessitate.

Not only has this, our lead generation can source cost and time savings by being more assaulted only linking with the estimates who have presented some sort of interest in your business. Advertising isn’t sensible, but it is often unavoidability for the business. That said, you want to be thoughtful of where your dollars are being fatigued. It is not necessary to try and fine the most cost-effective strategies that will proclaim the accurate and best results.

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Global Lead Generation Websites

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Ken Research
Ankur Gupta, Head Marketing & Communications
Ankur@kenresearch.com
+91-9015378249