Middle East Car Rental and Leasing Market is Expected to Reach USD 1.7 billion by 2020: Ken Research

The market research report by Ken Research titled “Middle East Car Rental and Leasing Market Outlook to 2020 - Augmentation in Qatar and Oman Coupled with Demand for Car Leasing to Shape Future” provides a comprehensive analysis of the Car Rental and Vehicle Leasing market in Middle East along with information on toll applications. The report covers various aspects such as market size of Middle East Car Rental market on basis of revenues and fleet size with in-depth analysis of UAE, Saudi Arabia, Kuwait, Oman, Egypt, Qatar, Bahrain and Jordan car rental markets. The report provides segmentation on the basis of Car Leasing, short term car rental and chauffeur driven car rental, by on-airport and off-airport, by regions, by mode of booking, by purpose of booking, and by organizational structure for car rental market. The report offers insights on car leasing market size and segmentation by industry verticals, term of contracts and vehicle type for car leasing market in UAE, Saudi Arabia, Kuwait, Oman, Egypt, Qatar, Bahrain and Jordan and segmentation of overall Middle east car rental market by geography and business segments. The report is useful for industry consultants and analysts, car rental companies and new players venturing in the market.

The Car Rental Market in Middle East will continue to grow at a considerable rate in the coming years. The market for car rental in Middle East has been driven by countries such as Oman, Qatar, Bahrain and Kuwait. Countries such as Saudi Arabia and UAE constitute for a major portion of car rental revenues across the Middle East region. The market for car rental in the country has been driven by the rise in demand for local players in Middle East although the market has been dominated by players such as Hertz Corporation, Sixt, Avis Corporation and Europcar. Local players predominant in the Middle East Car Rental Industry are Regency, Strong car rental, Auto rent, Market Rent- A- Car, Al- Mulla, Al Sayer and others.

Improving economic conditions, high proportion of expatriate population, stability, growth of tourism and investment in travel infrastructure has led to a growth in Middle East car rental industry. Over the past five years from 2010-2015, the car rental industry in Middle East has posted an average annual growth rate of 2.8% in revenues.

According to the research report, the revenues for the car rental market are expected to incline at a CAGR of around 7% during the period 2016-2020, with the revenues expected to be mounted to USD 1.7 billion by 2020. The fleet size of car rental market in the region is expected to reach around 400K by 2020.

The decline in expatriate population in various countries (majorly Kuwait) due to the enunciation of government regulation is likely to defy the long term car rental market in the region. FIFA world cup hosting by Qatar in 2022 and expansion of petroleum projects by Kuwait National Petroleum Corporation is likely to be one of the major drivers in the car rental market in the Middle East region.

“Larger and diversified fleet size with flexible renting options would help the competitors in the market to grow and incline their share in the market pie. This along with the presence of offices of various car rental firms across various airport terminals and other important locations in the region will help the augmentation of the revenues of car rental companies”, according to the Research Analyst, Ken Research.

Key Topics Covered in the Report:

Middle East Car Rental Market

-          Market Size by Revenue and Fleet Size

-          Market Segmentation by

o   Geography

o   Business Segments

-          Trends and Development

-          Porter’s Model

-          Government Regulations

-          Competition and Market Share

-          Company Strategies of Major Players in the Market

-          Future Outlook

-          Key Opportunities in Market

Saudi Arabia Car Rental Market

-          Market Size by Revenue and Fleet Size

-          Market Segmentation by

o   Business Segments

o   Chauffeur driven on airport or off airport

o   Booking method

o   Car trips

o   Major cities

o   Organized- unorganized

o   Car leasing by industry verticals, term of contract and car type

-          Trends and Development

-          Government Regulations

-          Traveler’s Profile by age and gender

-          Competition and Market Share

-          Future Outlook

-          Macro Economic Variables

UAE Car Rental Market

-          Market Size by Revenue and Fleet Size

-          Market Segmentation by

o   Business Segments

o   Chauffeur driven on airport or off airport

o   Booking method

o   Car trips

o   Major cities

o   Organized- unorganized

o   Car leasing by industry verticals, term of contract and car type

-          Trends and Development

-          Government Regulations

-          Traveler’s Profile by age and gender

-          Competition and Market Share

-          Future Outlook

-          Macro Economic Variables

Kuwait Car Rental Market

-          Market Size by Revenue and Fleet Size

-          Market Segmentation by

o   Business Segments

o   Chauffeur driven on airport or off airport

o   Booking method

o   Car trips

o   Major cities

o   Organized- unorganized

o   Car leasing by industry verticals, term of contract and car type

-          Trends and Development

-          Government Regulations

-          Traveler’s Profile by age and gender

-          Competition and Market Share

-          Future Outlook

-          Macro Economic Variables

Egypt Car Rental Market

-          Market Size by Revenue and Fleet Size

-          Market Segmentation by

o   Business Segments

o   Chauffeur driven on airport or off airport

o   Booking method

o   Car trips

o   Major cities

o   Organized- unorganized

o   Car leasing by industry verticals, term of contract and car type

-          Trends and Development

-          Government Regulations

-          Traveler’s Profile by age and gender

-          Competition and Market Share

-          Future Outlook

-          Macro Economic Variables

Oman Car Rental Market

-          Market Size by Revenue and Fleet Size

-          Market Segmentation by

o   Business Segments

o   Chauffeur driven on airport or off airport

o   Booking method

o   Car trips

o   Major cities

o   Organized- unorganized

o   Car leasing by industry verticals, term of contract and car type

-          Trends and Development

-          Government Regulations

-          Traveler’s Profile by age and gender

-          Competition and Market Share

-          Future Outlook

-          Macro Economic Variables

-          Snapshot of Qatar , Bahrain and Jordan car rental markets and future outlook

Key Products Mentioned in the Report

Car Leasing

Short Term Car Rental

Chauffeur Driven Car Rental

Companies Covered in the Report

Hertz

Avis Hala

Thrifty

Europcar

Sixt

Budget

Hanco

Best

Autorent

Sixt

Al-Mullah

Al Sayer

Sefeena

Ousol 

Diamond Lease

Patriot Rent a Car

 Super Price Rent a Car

National

Payless

Kayak

Mark rent a car

For more information on the report, refer to below link:

https://www.kenresearch.com/automotive-transportation-and-warehousing/automotive-and-automotive-components/middle-east-car-rental-leasing-market/42895-100.html

Related Reports:

India Self Drive Car Rental Market Outlook to 2020 - Rising Customer Aspirations and Easy Availability of Renting Options to Boost Future Growth

Europe Car Rental Industry Analysis to 2017 - Latvia, Belgium and Ukraine to Stimulate the Market Growth

India Car Rental Market Outlook to 2019 - Rising Online Booking to Drive the Future Growth

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

South Africa Lubricant Market Outlook to 2020 – Inclining Vehicle Sales and Growing Manufacturing and Mining Sector to Drive Future Growth

South Africa Lubricant Market Outlook to 2020 – Inclining Vehicle Sales and Growing Manufacturing and Mining Sector to Drive Future Growth” provides a comprehensive analysis of the automotive and industrial lubricant industry in South Africa. The report covers several aspects such as the market size on the basis of sales revenue and consumption of lubricants in South Africa. The segmentation for lubricants has been presented by major end users, by product type (engine oil, hydraulic oil, greases, industrial gear oils, automotive gear oils and metal working fluids), type of base oil used, distribution channel and organized and unorganized sectors. The report also covers the market share, competitive landscape, strengths and weaknesses of major manufacturers along with their future strategies and production capacities. In addition to this, the report also covers trends, developments, growth drivers, restraints and export import scenario of lubricants in South Africa. Regulatory policies, certification requirements and emission standard have also been covered. This report will help industry consultants, lubricant manufacturers and dealers, retail chains, potential entrants and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.

South Africa Lubricant Market

South Africa lubricant market has witnessed considerable growth over the period 2010-2015 and has become a hub of operations for major players such as Shell, Engen, BP/Castrol, Total and Chevron. Consumption of lubricants in South Africa has been reported at ~ thousand tons in 2010. Factors such as inclining vehicle sales and enhancing manufacturing, construction and mining and quarrying sector has propelled the consumption of finished lubricants to ~ thousand tons in 2015.

Aligned to this, the revenues for the lubricants market in South Africa were evaluated at USD ~ million in 2015. On the other hand, the production of finished lubricants in South Africa was posted at ~ thousand tons in 2015. Automotive lubricants have contributed majority of the share in lubricants market in South Africa.

Automotive Lubricant Market

The share of automotive lubricants in the total consumption has inclined from ~% in 2010 to ~% in 2015. On the basis of revenues, they have gathered a share of ~% in 2015. The sales of vehicles in South Africa have augmented from ~ in 2010 to ~ in 2015. Such growth in vehicle sales have provided significant boost to the automotive lubricants market over the period 2010-2015. The growth in share of automotive segment has also been supported by growing use of high performance synthetic lubricants in South Africa which are majorly being demanded by the automotive sector of the country over the period 2010-2015. Within the automotive sector, passenger vehicles have been the largest segment in this category, accounting for a revenue share of ~% in 2015.

Industrial and Machinery Lubricant Market

The share of industrial lubricants has declined slightly relative to the automotive segment. Labor unrest and electricity disruptions in the mining and manufacturing sectors have been the major reasons behind the slight decrease in share of industrial lubricants relative to automotive. Falling revenues of the mining and quarrying sector over the period 2011-2014 has been the major reason behind falling share of industrial lubricants sector relative to the automotive sector. Gauteng is the largest market for lubricants in South Africa. Gauteng has accounted for ~% of total consumption of lubricants in South Africa as of 2015.

Key Topics Covered in the Report:

·         Market size of South Africa Lubricant Market by Revenue and by consumption

·         Market size of South Africa Automotive and Industrial and Machinery Lubricant Market

·         South Africa Lubricant Market Segmentation by Application

·         South Africa Lubricant Market Segmentation by Provinces

·         South Africa Automotive Lubricant Market Segmentation by Major end Users

·         South Africa Automotive Lubricant Market Segmentation by Type of Base Oil Used

·         South Africa Automotive Lubricant Market Segmentation by Distribution Channel

·         South Africa Automotive Lubricant Market Segmentation by Organized and Unorganized Sector

·         South Africa Industrial and Machinery Lubricant Market Segmentation by Major end Users

·         South Africa Industrial and Machinery Lubricant Market Lubricant Market Segmentation by Type of Base Oil Used

·         South Africa Industrial and Machinery Lubricant Market Segmentation by Distribution Channel

·         South Africa Industrial and Machinery Lubricant Market Segmentation by Organized and Unorganized Sector

·         South Africa Industrial and Machinery Lubricant Market Segmentation by Major Types of Lubricants

·         Market Share and competitive Landscape of Leading Manufacturers in South Africa Lubricant Market, 2015

·         Competitive Landscape of Leading Manufacturers in South Africa Lubricant Market, 2015

·         Export-Import of Lubricants in South Africa, 2011-2015

·         South Africa Lubricant Market Future Outlook and Projections, 2016-2020

·         Analyst Recommendations

For more information on the research report, refer to the below link:

https://www.kenresearch.com/automotive-transportation-and-warehousing/automotive-and-automotive-components/south-africa-lubricant-market-report/42049-100.html

Related Reports:

Middle East and North Africa Lubricants Market Outlook to 2019 - Driven by Automotive Demand and Infrastructural Developments

India Lubricants Industry Outlook to 2017 - Focus on Automotive Lubricants and Transforming Channel from Retail PSUs to Bazaar Trade

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

Inclining Vehicle Sales and Growing Manufacturing and Mining Sector to Drive Future Growth of Lubricants Market in South Africa: Ken Research

Manufacturing sector of South Africa has been evaluated at ZAR 379.6 billion in 2015, which has escalated from ZAR 358.7 billion in 2010, registering a CARG of 1.1% during the period. Different types of hydraulic oils, industrial gear oils and greases have important application in the manufacturing industry. Assembly lines and other machines used in the manufacturing industry need lubrication to work with precision and last long. Therefore, growing manufacturing sector of South Africa has escalated the demand for industrial lubes in the country over the period 2010-2015. Shell lubricants and greases have been the most popular in South Africa over the period 2013-2015.

Automotive lubricants have contributed majority of the share in lubricants market in South Africa. Growth in vehicle sales have provided significant boost to the automotive lubricants market over the period 2010-2015. The growth in share of automotive segment has also been supported by growing use of high performance synthetic lubricants in South Africa which are majorly being demanded by the automotive sector of the country over the period 2010-2015. Within the automotive sector, passenger vehicles have been the largest segment in this category.

Enhancing mining and quarrying operations and growing manufacturing and construction sectors have propelled the market for industrial and machinery market over the period 2010-2015.

“According to Research Analyst at Ken Research, Food grade lubricants can be targeted as the South African food and beverages industry is expected to flourish over the period 2016-2020 generating considerable demand for such lubricants. A new entrant should look to procure crude oil from the coast of Durban. Around 80% of South Africa’s crude oil is imported through the single buoy mooring (SBM) system off the coast of Durban.

The report titled “South Africa Lubricant Market Outlook to 2020 - Inclining Vehicle Sales and Growing Manufacturing and Mining Sector to Drive Future Growth” provides an inclusive analysis of the lubricant Market in South Africa. This report will help a reader to identify the ongoing trends in the industry and anticipated growth in future depending upon changing industry dynamics in coming years. The report will help industry consultants, finished lubricant manufacturers, dealers, retail chains, potential entrants and other stakeholders to align their market centric strategies according to ongoing and expected trends in the future.

For more information on the research report, refer to the below link:

https://www.kenresearch.com/automotive-transportation-and-warehousing/automotive-and-automotive-components/south-africa-lubricant-market-report/42049-100.html

Key Topics Covered in the Report

o   Market size of South Africa Lubricant Market by Revenue and by consumption

o   Market size of South Africa Automotive Lubricant Market by Revenue

o   Market size of South Africa Industrial and Machinery Lubricant Market by Revenue

o   South Africa Automotive Lubricant Market Segmentation by Major end Users, Type of Base Oil Used, Distribution Channel, Organized and Unorganized Sector

o   South Africa Industrial and Machinery Lubricant Market Segmentation by Major end Users, by Type of Base Oil Used, by Distribution Channel, by Organized and Unorganized Sector and by Major Types of Lubricants

o   Market Share and competitive Landscape of Leading Manufacturers in South Africa Lubricant Market, 2015

o   Competitive Landscape of Leading Manufacturers in South Africa Lubricant Market, 2015

o   Export-Import of Lubricants in South Africa, 2011-2015

o   South Africa Lubricant Market Future Outlook and Projections, 2016-2020

o   Analyst Recommendations

Key Products Mentioned in the Report

Engine Oil

Hydraulic Oil

Greases

Industrial Gear Oils

Automotive Gear Oils

Metal working Fluids

Companies Covered in the Report

Shell

Engen

BP/Castrol

Chevron

Total Lubricants

Related Reports:

Middle East and North Africa Lubricants Market Outlook to 2019 - Driven by Automotive Demand and Infrastructural Developments

India Lubricants Industry Outlook to 2017 - Focus on Automotive Lubricants and Transforming Channel from Retail PSUs to Bazaar Trade

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

Bahamian Insurance Industry Poised to Witness Growth Driven by Positive Economic Momentum: Ken Research

Ken Research has announced its latest publication on, ‘The Insurance Industry in The Bahamas, Key Trends and Opportunities to 2019’, which provides thorough information and insights into the Bahamian insurance industry. A detailed overview of the demographics and economic factors are included thereby bringing out the major driving factors in the Bahamian insurance sector. Additionally, a comprehensive outlook of the competition, regulatory framework, distribution channels and natural hazards within the insurance industry of the Bahamas is also included in this research report.

The Bahamian insurance industry is currently reveling under the positive economic momentum caused by its proximity to the US and the Government’s initiatives to boost infrastructure and tourism. The factors which are driving growth in the Bahamian insurance sector include competitive pricing, friendly regulations and the requirement for sophisticated tax compliant wealth management structures. In addition, the presence of restricted predatory competition also allowed capital accumulation which is further being used for upgradation of technology in the sector. As a result, in the Bahamas, the insurance firms tend to have a competitive edge over other financial institutions. The report signify performance of Bahamas Health Insurance Industry Development and Reinsurance Market Forecasts.
The domestic insurance market in Bahama is both diverse and vibrant with ongoing efforts to capitalize on the external market through international captives and insurances Historical record has also revealed that the Bahamian insurance sector have been growing at a CAGR of 4.7% over the past five years. The domestic insurance sector in Bahamas can be further segmented in to ‘life’ and ‘non-life’ sectors. Both these sectors are represented and regulated by two primary trade associations including the Bahamas Association of Life and Health Insurers (BALHI) and the Bahamas General Insurance Association (BGIA), respectively. Growth within the non-life segment of the Bahamian insurance market over the past five years was governed by expansion of the tourism industry, which in turn is due to increased spending on high-value construction project such as resorts, casinos and hotels, according to Ken Research Analyst.

In addition to domestic insurance sector, the outlook for international insurance in the Bahamas is also positive. Life Insurance Premium Written Report is based on assessment which helps to understand growth pattern which can be attributed to the establishment of financial services industry that sought new wealth management tools aligned with the changing market/regulatory conditions worldwide. As of now, a large number of leading international banks have established base in Nassau and are proactively involved in both international life insurance and captives. Overall, it is projected the Bahamian insurance industry will witness fast growth over the coming five years.
The Global Insurance Industry
The global economy has begun to recover and is projected to strengthen moderately over the next five years. This is expected to support expansion of the worldwide insurance sector. The demand for both life and non-life insurance is expected to increase with emerging economic regions such as Asia-Pacific to remain as key drivers. For instance, the growth of premium insurance is projected to be the strongest in emerging Asia, according to Ken Research Analyst.
Some of the prominent trends of the global insurance industry are:

• Constantly evolving regulatory framework
• Steady upgradation of technology around various insurance segments
• Sophistication of risk management techniques
• Better risk monitoring
• Insurance companies are increasingly using data analytics to enhance profitability

Key Topics Covered in the Report:

• Detailed economic and competitive landscape of the Bahamas
• Overview of the Bahamian insurance industry
• Outlook of distribution channels within the Bahamian insurance industry.
• Detailed profiles of leading players in the Bahamian insurance industry
• Governance, risk and compliance within the insurance marker of Bahamas

To know more on coverage, click on the link below:
https://www.kenresearch.com/banking-financial-services-and-insurance/insurance/insurance-industry-bahamas/20499-93.html
Related Reports:
https://www.kenresearch.com/banking-financial-services-and-insurance/insurance/governance-risk-compliance-bahamian-insurance-industry/3447-93.html
Contact:
Ken Research
Ankur Gupta, Head Marketing & Communications
query@kenresearch.com
+91-124-4230204

United States Micro Irrigation Systems Market is Expected to Reach USD 1.3 billion by 2020: Ken Research

Ken Research announced its latest publication on “US Micro Irrigation Market Outlook to 2020 Growing Water Scarcity and High Efficiency of Drip Irrigation to Stimulate Growth” which provides a comprehensive analysis of the sprinkler and drip micro irrigation system industry in the United States. The report covers various aspects such as market size of micro irrigation industry on basis of revenues and land irrigated, segmentation on the basis of sprinkler and drip irrigation systems, crop type, regions and the equipments of both drip and sprinkler irrigation systems and volume and value of exports and imports for micro irrigation equipments. The report is useful for industry consultants and analysts, farmers, micro irrigation equipments manufacturing companies and new players venturing in the market.

The US Micro Irrigation Market, which comprises of segments such as Drip and Sprinkler irrigation systems, has grown significantly over the last few years due to the increase in the demand from irrigation sector on account of the inclining population and uncertain weather conditions in the country. The micro irrigation industry in the US grew rapidly during 2010-2015 owing to superior efficiency of the systems in water usage and crop yields, easy implementation of fertigation and chemigation, lesser labor requirements and minimized fertilizer / nutrient loss. Several beneficial attributes of micro irrigation systems coupled with water scarcity and drought situations in many states are likely to catalyze the growth of the micro irrigation industry in the near future. The micro irrigation market revenues have grown at a CAGR of ~% from 2010-2015. The industry is quite concentrated with a bunch of players comprising for a major bulk of the overall market. Lindsay Corporation dominated the market in terms of revenues in 2015.
According to the research report, farmer sentiments on investing in micro irrigation system are anticipated to remain low due to reduced net farm incomes and the industry is forecasted to grow at slower pace as compared to 2010-2015 in the short term. Nevertheless, net farm income is forecasted to witness positive growth post 2017 and subsequently augment the growth of the micro irrigation industry in the long term. The micro irrigation market is expected to grow from USD ~ million in 2015 to USD 1.3 billion in 2020 at a CAGR of ~% between 2015 and 2020.
“A company must have a good network of dealer to cater to the demand across the country. Since, sprinkler and drip irrigation systems are individually more suited for a particular segment of crops, companies must make an effort in brand building by judiciously marketing and promoting the right irrigation system for cultivating a particular type of crop. This would help them build their brand in particular segments which would be highly beneficial for the companies in the longer run.” according to the Research Analyst, Ken Research.
Key Topics Covered in the Report:
US Micro Irrigation
-          Value Chain Analysis
-          Market Size by Revenue, Land Irrigated
-          Market Segmentation by

• Type of Micro Irrigation System
• Application in Different Crop Types
• Utilization by States

-          Sprinkler Irrigation Market Segmentation by

• By Type of Sprinkler System
• Application in Different Crop Types
• By Components

-          Drip Irrigation Market Segmentation by

• By Type of Drip System
• Application in Different Crop Types
• By Components

-          Growth Drivers and Trends
-          Cost of Installing Micro Irrigation Systems in the US
-          Porter’s Five Forces Analysis of the US Micro Irrigation Market
-          Issues and Challenges in the US Micro Irrigation Market
-          Trade Scenario in the US Micro Irrigation Market
-          Government Roles and Policies in the US Micro Irrigation Market
-          Company Profiles of Major Players in the Market
-          Market Share of Major Companies in the US Micro Irrigation Market
-          US Micro Irrigation Future Outlook and Projections
-          Analyst Recommendations
-          Macro Economic Factors
Key Products Mentioned in the Report
Sprinkler
Dripper
Emitter
Dripline
Pumps
Tubing
Controllers
Couplers
Valves
Pressure regulators
Filters
Monitoring software
Companies Covered in the Report
Lindsay Corporation
Valmont Industries
Netafim
The Toro Company
Jain Irrigation Inc.
T-L Irrigation
Rain Bird Corporation
Reinke
EPC Industries
Nelson Irrigation
For More Details Visit : https://www.kenresearch.com/agriculture-and-animal-care/farming/us-micro-irrigation-systems-market-report/42041-104.html 
Related Reports:

India Micro Irrigation System Market Outlook to 2018 - Increasing Government Support and Farmer Awareness to Stimulate the Growth

Agriculture and Big Data: Will Big Data Technologies be the Next Big Leap for Industrialized Agriculture  Global Agricultural Machinery

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