Wednesday, May 23, 2018

Saudi Arabia Car Leasing Future Growth will be led by Compelling Potential Anticipated from Logistics, Construction and other Non-Oil Sector after last 2 years of Subdued Growth: Ken Research

Rising corporate travel activity, growth in end user industries and increasing importance of workforce mobility will be the major growth drivers of Saudi Arabia long term car rental/leasing market in upcoming years.
The report titled “Saudi Arabia Car Leasing Market Outlook to 2022 – By Car Rental and Car Dealers, By End Users (Logistics, FMCG & Home Delivery, Oil and Gas, Construction, Government offices, Others)” by Ken Research suggested that lower annual payments, wide variety of cars, insignificant maintenance costs, lower upfront cash outlay, comprehensive insurance coverage, negligible registration cost and better technology interface for customers will majorly contribute to the overall revenue growth of Saudi Arabia long term car rental market in next 5 years till 2022
Saudi Arabia long term car leasing industry is relatively concentrated among the top ten players in the industry. In terms of transaction value, the Saudi Arabia long term car leasing market grew from the previous year majorly owing to growth in logistics and FMCG sector. The long term cab rental/leasing market has grown over the years with the growth in the number of players in the industry backed up with increasing preference of renting/leasing a car rather than owing the fleet by companies. The growing number of small and large businesses in the tourism sector in the country has also surged the demand for long term car rental services in Saudi Arabia.
Increasing competition in the market has raised the quality of services offered by car rental/leasing companies in the country, which has attracted more number of customers. The long term car rental market has witnessed increasing presence of multinational companies growing their presence in untapped markets and consistently focusing on increasing their fleet size. Over the years, industry has witnessed intense competition owing to low profit margins which has resulted in the companies to improve their service portfolios. Car dealers which operate into long term leasing, manage to provide lease contracts at a relatively lower price compared to car rental companies. Major target end users for car dealers are government sector which are highly price conscious. Car rental companies, on the other hand charges a higher price but offer specialized services to their customers such as On-road assistance, Insurance coverage and other services which car dealers fails to offer. Companies focus to have few government clients in their portfolio. Growth in religious tourism and leisure holidays has also led to greater demand from travel companies to extend their car leasing agreements with increase in number and type of fleet.
Key Topics Covered in the Report
Best Rent Car Revenue from Car Leasing Saudi Arabia
Commercial Car Leasing Saudi Arabia
Saudi Arabia Car Leasing Market Future
Car Leasing Industry KSA
Makkah Car Leasing Market
Car Leasing Companies in Saudi Arabia
Logistics User Car Leasing Saudi Arabia
Car Leasing Forecast Saudi Arabia
Riyadh Car Leasing Market
Car leasing services in Saudi Arabia
Long Term Car Leasing Fleet in KSA
Saudi Arabia Car Rental Market Size
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Ankur Gupta, Head Marketing & Communications
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Increasing requirement for differentiation and growing number of suppliers causing increase in Asia Automotive Refinish Paint Industry: Ken Research

Automotive refinishing paint is one of the major aesthetical factors for the manufacture of a vehicle.  Automotive Refinish is used for both protection of the vehicle, as well as decoration of the vehicle. The market has expanded recently owing to increased demand for differentiation of vehicles in decorative fashion along with the increased advancements in technology for the implementation of a finish for the protection of the vehicle. Keeping in mind that aesthetics is a major component of the finish application, there has been development of various varieties of finishing like matte, gloss, metal and more. Some types of automotive finishing not only make the car look better but are also capable of protecting from dust, dirt, making damage look less visible, hide scratches and absorb heat. Water-based acrylic polyurethane enamel paint is currently the most widely used paint. The finishing a car gets today is gaining more importance which is expected to generate significant future demand for automotive finishing that is capable of withstanding difficult environmental conditions and is capable of improving the visual appeal of the vehicle.
Asia Automotive Refinish Paint
The report splits the market based on various categories for segmentation. The segmentation based on product splits the market into Primer, Base Coat, Top Coat and Clear Coat. When splitting the market based on application, the end user segments are taken into account and the type of vehicle usage that is required; hence the market is segmented between Passenger Cars and Commercial Vehicles. Secondly, development policies and plans are discussed as well as manufacturing processes and cost structures. This report also covered states export/import, supply and consumption figures as well as cost, price, revenue and gross margin by regions (Canada, U.S.A, and Others), and other regions can be added 3M, Kazoo Nobel N.V., Axalta Coating Systems, PPG Industries, Sherwin Williams Company, Dow Chemical Company, HMG Paints Limited, Covestro AG, DSM, Nippon Paint Holdings Co., Noroo Paint & Coatings, Ltd, U.S. Paint Corporation, Samhwa Paints Industrial Co. Ltd, Novol Sp. Z.o.o., The Lubrizol Corporation, WEG Group, Alps Coating Sdn. Bhd and Guangzhou Zhenroumei Chemical Coating Limited.
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Ankur Gupta, Head Marketing & Communications
+91-124-4230204
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Global Interactive Textbook Market Research Report : Ken Research


Overview:  The global market for interactive text books is expected to have significant growth reaching a value of over USD 1.1 Billion by the year 2021 with a CAGR of about 17% for the period 2017-2021.  Interactive textbooks are also known as digital textbooks or eTextbooks which are an extended form of eBooks or digital books and it include elements of interactivity in addition. eBooks are only the digital version of printed textbooks. The global interactive textbooks market encircles vendors, such as publishers, ed-tech solution providers, and content creators, who are offering interactive textbooks to institutions. The market is expected to witness major growth owing to higher rates of adoption in the upcoming years owing to increased reliance and functionality of technology, advanced software which is expected to create more sophisticated platforms for learning and increasing levels of customization for students. Over the past 5-7 years interactive learning has grown from being simulated video students see on a computer to actual games, simulations and challenges they solve individually thanks to the availability of mobile devices. Learning based platforms and applications have made individualized interactive learning a possibility. The current trends even indicate a large number of educational institutes offering iPads or tablet devices for students to carry with them that store their information,  manage the platform based student dashboard, and update the students on the situation of their coursework and any important announcements that occur. While all these features make it easy to centralize their digital school life on a device, the main benefit for students through the usage of this technology is the vast library of interactive textbooks and learning based tools which are designed to make learning and education entertaining and fun. Technology has made learning, into more of a game than ever and has boosted student’s learning satisfaction. Students enjoy this method of learning and a large number of them have begun to adapt this kind of learning as opposed to class room based learning as evidenced in various Education Industry Market Research Reports. While North America is the largest market in terms of value, the fastest growing market is expected to be the Asia Pacific region
Competition Scenario: As interactive textbooks are an emerging industry and the content delivery system is still developing, most of the market is split between a handful of content providers working to gain prominence in the education market. Vendors in this market are making such textbooks available either for free or through rental agreements and the pricing mechanism of these textbooks is either based on per chapter or monthly and yearly subscriptions. The major players of the market are – Apple, Houghton Mifflin, Harcourt, McGraw-Hill Education and Pearson Education. The other prominent vendors in the market include Metrodigi, Cambridge University Press, John Wiley & Sons, Oxford University Press, and Vital Source.
Key Drivers: The major drivers propelling the growth of the Interactive Textbook market are:
§  Increased student engagement: The availability of advanced platforms allows teachers and developers to create superior methods of content delivery which allow students to learn through a device which is gaining increasing popularity among the student population. The application of devices also allows for interactive assessment exercises that students are able to take and includes multiple games like puzzles, crosswords and interactive experiences which could not be replicated in a conventional textbook the way they are on the device.
§  Rise in use of interactive textbook creation tools: The growing popularity of interactive text books and their increased adoption with technology providers has led to a growing interest for developers to design education based applications and platforms which help students learn in new ways. The increase in suppliers of the educational content has multiple benefits for consumers- the first being that more competition usually signals a lower price which is beneficial as most providers work on a subscription based model. Second being the growing rate of innovation allows developers and providers to use new ways of delivering the same concept
§  Alignment with education standards: More and more students prefer using a platform as it is a centralized point of knowing everything that they need to with reference to their academics and important updates. A majority of universities have some sort of Enterprise Resource Platform which allows students to check their own profile and its details along with checking the important news for the university, check their own academic performance and the integration of analytics helps the universities track and assist the student performance for optimum solutions which are designed to optimize the performance of the student. These factors are beneficial and more so desired by students today.
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Innovation in Technology and Increased Research and Development efforts to drive Asia Automotive Foam Industry: Ken Research

Automotive foam is a growing market owing to increasing demand for vehicles and the evolution of the technology used in the design and application of the foam material. Automotive foam is essentially a polymer formed through combination of solid and gaseous phase materials immersed through air bubbles or air tunnels which decides its cell structure, whether open or closed. Open cell foams are used when there is a need for flexibility and closed cell foams are used for when there is a need for rigidity. The gas involved in the making of the automotive foam can be either chemical or physical in nature and is termed as the blowing agent. Physical blowing agents are not involved in the chemical reaction while chemical blowing agents react to release chemicals for the formation of the foam. Polymer foams can be produced through extrusion, slab-stock, pouring and different types of moulding. There are various types of polymer foams including polyurethane, biodegradable foams, starch foams and many others. Polymer foams have several application areas including but not limited to -automotive, packaging, building & construction, furniture & bedding and many others. The primary methods of manufacturing automotive foams are moulding and slab stock.

The report Asia Automotive Foam Industry Situation and Prospects Research Report focuses on the Automotive foam market growing in the Asia Pacific region. The report segments the market on the basis of product type between Polyurethane, Polyolefin, Styrenic, Polyvinyl Chloride, Phenolic, Melamine and also segments the market based on application areas between Calendering Process Resin, Seating, Door Panels, Headliners, Water Shields, Others. The competition scenario is diverse with many countries having their own domestic manufacturers for automotive foam aiming to enter foreign markets. The countries taken into focus for this are China, India, Japan, South Korea and Saudi Arabia and others. The major players of the industry include Woodbridge Foam Corp, Dow Chemical Co, Adient Plc, Recticel, Caligen Foam, Saint-Gobain SA, BASF SE, Lear Corp, Zotefoams Plc, Bridgestone Corp

To know more, click on the link below:
https://www.kenresearch.com/automotive-transportation-and-warehousing/automotive-and-automotive-components/asia-automotive-foam-industry-situation-and-prospects-research-report/145678-100.html

Related Reports:
https://www.kenresearch.com/automotive-transportation-and-warehousing/automotive-and-automotive-components/china-automotive-foam-industry-situation-and-prospects-research-report/145683-100.html

https://www.kenresearch.com/automotive-transportation-and-warehousing/automotive-and-automotive-components/global-automotive-foam-industry-situation-and-prospects-research-report/145668-100.html

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Ankur Gupta, Head Marketing & Communications
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Poland Warehousing Market Outlook To 2022 : Ken Research


How warehousing market is positioned in poland?
The Poland’s warehouse market has witnessed a face change in the past few years. In 2004, there were ~ million sqm of modern industrial and warehouse space in the country. However, by 2017, this space has increased to ~ million sqm. The growing activities of tenants, developers, and investors are driving the demand of warehouses in the country. Several warehousing companies are transferring their business to a 3PL service provider that provides a wide array of services. The demand of the warehousing comes from logistics firm, distribution, trading and other industry sources.
The warehousing market in Poland grew at a CAGR of ~%from 2012 to 2017, growing from USD ~ billion in 2012 to USD ~ billion in 2017.
The expansion in the e-commerce, retail and FMCG sector has been a major factor for the increase in the retail market growth leading to a positive impact on the Poland warehouse market by the rising demand from this sector.
There was a dramatic change in the logistics sector post the country’s accession to the European Union. In the past few years global logistics companies have started building warehouses in different regions of the country (like Upper Silesia, PoznaÅ„ and Szczecin) with the intent of catering to the CEE and the Western European region.
The country’s geographical location and low labor wages in comparison to western counterparts has proven to be advantageous for the overall logistics and warehousing sector to prosper in the country.
The e-commerce industry in the country has substantially increased in the past few years. Newer e-commerce companies are entering and expanding into the Polish market. This has further increased the demand for warehousing.
The growth in the market is also driven by increased demand for the outsourcing of warehouse services and the warehouse companies turning into a 3PL companies.
Poland Warehousing Market Segmentation
By Geographical Distribution
Warsaw has the highest share of ~% of the total warehousing area in Poland in 2017 owing to the industrial parks situated in the inner-city area and the suburbs of the Warsaw region. The completion of road project in south-western suburb of Warsaw has increased the attractiveness of those areas significantly.
Silesia accounted for the second highest share of ~% of the total area in the warehousing market in the country after Warsaw. The city is a center for economic activity. Silesia is considered to be the second largest industrial market in the country. The major driver for the growing warehousing sector in the city is the abundant and cheap land, availability of cheap labour, and excellent road infrastructure.
Poznan attributed to third highest share of ~% of the total area in the warehousing market of the country in 2017 owing to the major demand of warehousing in the industrial sector. Poznan is strategically located between Warsaw and Berlin, which makes it potential logistics center in the region.
By Business Model
Industrial/Retail sector is the largest contributor to the warehousing sector in terms of revenues in 2017 with ~% of share. The rise in the industrial sector over the years gave an opportunity to the warehousing market to increase in numbers making a positive impact on the warehousing industry. The rising retail sector with the increased demand has elevated the requirement of warehouses in the country making a positive impact on the warehousing market.
Container freight and inland container deport warehousing has contributed second highest share accounting to ~% in Poland warehousing market in 2017. The significant market share is due to Poland’s connections with European, Asian, and North American countries
The cold storage market contributed least revenue share accounting to ~% in the warehousing market of Poland in 2017 owing to the increase in the demand of perishable goods such as injections, food and others. The cold chain market has witnessed a robust growth in past few years on account of growth in pharmaceutical and FMCG industry.
Cross Comparison Of Various Regions In Poland On The Basis Of Headline Rent, Effective Rent And Vacancy Rate
Headline and Effective Rent: The headline rents for a top class warehouse facility in Poland varies from EUR ~ to EUR ~/sqm/month and the effective rents vary from EUR ~ to EUR ~/sqm/month. On an average a tenant can negotiate around ~% of the headline rent which is dependent on many factors.
Vacancy Rate: The overall vacancy rates in Poland range between ~% in Szczecin to ~% in Western Poland. The vacancy rate difference in Warsaw inner city (~%) and Warsaw suburbs (~%) is due to the significant price difference between the two regions.
Outlook: The growing Polish economy, developing road infrastructure and improving trade balance will continue to drive the Polish logistics and specifically the warehousing market. The tenant demand in the future is expected to remain healthy, driven by the rising E-commerce industry in the country.
Classification Of Major Warehousing Hubs In Poland
Warsaw: The development of warehousing sector in Warsaw region is concentrated on the south western areas as the effective rates in the inner city area of the agglomeration are the highest in the country and have led to high vacancy rates. This has pushed the developers towards the sub-urban region of Warsaw.
Poland Warehousing Market Future Outlook
The warehousing market in Poland is expected to grow with a CAGR of ~% during 2018 to 2022 and reach USD ~ billion by 2022. The expansion of ports and manufacturing companies will support the growth in the warehousing market in coming future. The rising FMCG and retail markets in the country will substantially augment the demand of warehousing space. Beginning of 2018 has indicated further dynamic development of the warehouse and production market in Poland. Growth is supported by growing investor confidence in the domestic economy, development of road and communication infrastructure, significant increase in the e-commerce market and strong demand from investors for objects generating stable income. 
For more information on the research report, refer to below link:
https://www.kenresearch.com/automotive-transportation-and-warehousing/logistics-and-shipping/poland-warehousing-market/149481-100.html
Related Reports:-
https://www.kenresearch.com/automotive-transportation-and-warehousing/logistics-and-shipping/uae-logistics-market-report/4634-100.html
https://www.kenresearch.com/automotive-transportation-and-warehousing/logistics-and-shipping/philippines-logistics-report-2020-version/7988-100.html
https://www.kenresearch.com/automotive-transportation-and-warehousing/logistics-and-shipping/saudi-arabia-logistics-market-report/77655-100.html
Contact Us:
Ken Research
Ankur Gupta, Head Marketing & Communications
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+91-9015378249


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The Security Danger Of A Rental Car Report : Ken Research


Introduction: Recent statistics indicate that a person is more likely to be a victim of a car crash than a terrorist attack. The growing number of cases with rental car accidents and increasing safety and regulatory risks posed to rental car companies has led to many “travel management companies” that offer these vehicles installing telemetric systems that record and in some cases, modify driver vehicle behavior .The growth of the rental car market has led to increasing demand for automobiles capable of providing safety and comfort at a reasonable price but there is a risk considered from the side of the rental car company as well. The growing cases of customers revving the car, applying excessive pressure on the breaks and overdoing the acceleration are signs of how customers generally do not treat rental cars ideally as they are meant to be treated. This shortens the effective lifespan and ruins the performance of the car. To safeguard against these measures, rental car companies have installed security systems meant to track the driver activity as well as their treatment to the vehicle. These systems range from microphones to full fledged micro surveillance systems that are setup in the car. Although this seems like a rational procedure. There is an emerging possibility that could be highly detrimental to the goodwill of any rental car company if found to be true as per Market Research Reports for Car Rental
News: There have been several articles and news alerts complaining about the security systems being installed in the vehicles. The customers using rental cars have now been made aware that the recording system can threaten their privacy and security. The Telegraph news story implicating Hertz to be spying on their customers using the new camera and microphone installations into their Hertz Neverlost 6 had a very public repercussion with Hertz customers posting on their social media that they would never use a Hertz rental car again and neither should anyone else. “This kind of disregard for privacy should not be tolerated” said one Hertz customer. In response to the camera systems, Hertz spokeswoman Evelin Imperatrice announced: "The cameras in NeverLost 6 units aren't functional and cannot be turned on under any circumstances, by either renters or by the company. When we chose the new hardware device for NeverLost 6, we included a camera option in the event that a video conferencing function might be a useful, future application that renters would welcome. Aside from the very public incident with the Neverlost 6 Systems that was faced by Hertz, Hertz , along with several other rental car companies have been officially put in the eye of regulatory authority with the Better Business Bureau being asked to investigate a number of car rental companies for improper business operations and measures against personal security and privacy. The growing threat with the implementation of technology into the rental cars would lead to a much worse condition with smart rental cars which are capable of tracking everything possible within a persons trip. Newer cars that connect to the Internet can collect vast amounts of data about drivers, such as where you went to dinner, if you broke the speed limit or if your seat belt was buckled. When you buy a car, you cede data control to your car company. Most automakers say they won't sell information without an owner's consent. But they're not legally required to inform you if they do.
Opportunity: Car data is about to become big business. A new report from consulting firm McKinsey says automotive data could be worth USD 450 billion to USD 750 billion globally by 2030. Automakers, insurers, high-tech firms, city planners and advertisers are among those who could use data to refine services. Drivers could share data in exchange for navigation systems, or they could pay extra for perks like a parking spot finder. There is an opportunity for a regulation system that works in favor of both parties where the condition of the car is monitored and the regulatory requirements of usage of the car in terms of the rental company policy is in check while not broaching a customers privacy. The creation of a centralized system that can be fit into any car, manufacturer or rental would allow for a common technology that is accepted by consumers and the industry as well.
For more information, click on the link below:
https://www.kenresearch.com/tag/automotive-transportation-and-warehousing/car-rental/161.html
Related Reports:-
https://www.kenresearch.com/education-and-recruitment/education/india-education-market-research-report/140-99.html
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Ankur Gupta, Head Marketing & Communications
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Tuesday, May 22, 2018

The Impact of IKEA on Emerging Markets: Ken Research

Introduction: On March 12 2018, IKEA appointed Peter Betzel as the new CEO for IKEA India. This change simply signifies the growing commitment by IKEA towards the Indian Furniture Market.  Before India, Betzel was managing IKEA’s largest market- Germany. The Swedish retailer has bet big on India with a plan to open 25 stores across India by 2020 with each store having an investment of approximately USD 80-110 Million being made for each store. The company plans to have stores in almost all of India’s tier one cities with plans for Bangalore, Mumbai and the National Capital Region. The company, as of 2016 had already invested over USD 350 Million and was one of the first companies to gain approval for 100% FDI. The market for Indian furniture is estimated to be worth USD 20 Billion as of 2018 with online furniture sales contributing only USD 250 Million. The majority of furniture sales happening in India are brick and mortal outlet sales.  Although IKEA is marking their entry into India with their Hyderabad store set to open in 2018, there is an emerging market they have managed to gain a solid foothold on, China. IKEA China is seeing strong growth with the company managing revenue of USD 2 Billion for the year 2017 alone. Customers visiting the retail stores increased by 11% to 90 Million while the visits to websites increased by 24% to 75 Million. This growth has shown potential for IKEA in China which has led to their decision of opening 3 new stores by the end of 2019.

Impact:  The entry of a company such as IKEA is a major improvement into the market for furniture in emerging economies such as India and China. India and China are rapidly developing nations with an increasing number of people entering the middle and upper middle classes owing to better employment and developing pay structures that are satisfactory to employees. The increasing pay leading to a growth in disposable income allows for consumption into a sector like furniture where products are highly differentiated and are usually used medium to long term based on the quality of the furniture. The entry of a company such as IKEA that sells economical furniture and simultaneously implements a DIY model of consumption not only allows access to quality furniture to a larger number of income groups, but also allows furniture which is based on functionality to be appealing for a variety of consumers. This implies an expected increase in satisfaction from utility based furniture which has a pleasant design, all for a lower price than traditional retailers which is one of the key factors for IKEA expected to dominate the Indian Furniture market, more so the furniture raw material is expected to be locally sourced which would allow for greater margins. Finally IKEA standards for customer service is exemplary, as seen in the case of China. For the sake of the Chinese market, IKEA lowered their prices for furniture by almost half in order to appeal economically to the Chinese population. This signifies a strong commitment towards expanding the customer space and brand equity of the company in emerging markets.

Outlook: IKEA expects that India and China will become part of their biggest markets and are set to go toe to toe with their European customer base. Although this may take some time for implementation, there is strong possibility of IKEA becoming the market leader in the furniture market with growing disinterest by popular furniture players in the Indian market such as Future group being almost ready to abandon their furniture segment as it has consistently been a loss maker, second reliance already having exited the market, and landmark having falling sales over recent sales periods, aside from the lack of well structured competition, the level of fragmentation in the market presents a need for a company like IKEA capable of building a sustainable customer base and growing the interest of the Indian furniture market while managing to scale the business of the Chinese markets simultaneously.

For more information, click on the link below:
https://www.kenresearch.com/tag/consumer-products-and-retail/furniture/25.html

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Ken Research
Ankur Gupta, Head Marketing & Communications
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The significance of the Real Estate on U.S. GDP: Ken Research

Introduction: The 2008 financial crisis was one of the worst events in the history of the United States and the globe. The crisis was offset by the actions of a handful of individuals in large financial institutions that inflated and nearly destroyed the housing market of the United States. The beginning of the crisis was the introduction of two specific tools – the Collateralized Debt Obligation (CDO) and the Credit Default Swap (CDS). The usage of these two instruments led to the crisis in the United States and then on, the rest of the world and led to collapse of major insurer AIG, lending houses Fannie may and Freddie Mac, the downfall of Merrill Lynch and more. While this issue brings to light the situation of careless management of the U.S housing market, a bigger factor brought into light is the impact of a single market in the U.S and its contribution towards building and sustaining the economy, the housing market.
Overview: In the United States, residential real estate contributes roughly 15-18% of the GDP. 3-5% is accounted for through home construction which generates an average of 2.37 jobs per project creating around USD 89,000 on average in new taxes as per government statistics from Real Estate Industry Analysis. The majority of the contribution is through utilities and rent which comprise of the housing based services creating a major contribution in the real estate sector and building the GDP. This signals a favorable situation for the United States housing market as it has a major capacity to generate new taxes and increase employment.  In 2017, real estate construction contributed USD 1.07 trillion to the nation's economic output. That's 6 percent of U.S. GDP. It's less than the 2006 peak of USD 1.195 trillion. At that time, real estate construction was a hefty 8.9 percent component of GDP. Real estate construction is labor intensive. That's why a drop in housing construction was a big contribution to the recession's high unemployment rate. While residential real estate construction and services play a major contributor towards building the economy, commercial real estate has a significant part in economic growth as well. Commercial real estate development supported 6.25 million American jobs in 2016 (a measure of both new and existing jobs).Commercial real estate development contributed USD 864 billion to U.S. GDP. Commercial real estate development generated USD 264.4 billion in salaries and wages. There were 410.1 million square feet of commercial real estate space built in 2016, with capacity to house 1.1 million new workers. Real estate is one of the key sectors in any country and is usually a major contributor towards building the economy. The changes in housing prices make a major difference in determining a person’s wealth and real estate is still a favored investment by many individual and institutional investors. The importance of this industry cannot be downplayed
Conclusion: The impact that real estate has towards building the economy is more than just that of construction. Building homes allows for employment, growth in raw material needs owing to an increased demand for construction equipment and materials as well as boost innovation into developmental technology to increase the pace, aesthetics or effective benefits that the buildings can offer. When considering housing, a majority of population believes in investing in housing based real estate and desire home ownership status with over 64% of the U.S population owning a home as of 2018, this figure is expected to increase to over 75% in the next 5 years.  The significance of this being that the impact that housing has on the economy is enough to substantially grow the economy or, if not careful, it is strong enough to crash the economy. Caution needs to be taken towards jobs and investments in real estate but it also shows that there is a major opportunity for growth and development in real estate with more effective utilities being delivered at lower prices or lowering of construction costs which could increase the rate of home development capable of providing home ownership for increasing members of the population
Key Topics Covered in the Report
Real Estate Market Research Reports
Real Estate Industry Analysis
Market Research Reports for Real Estate
Real Estate Industry Research Report
Real Estate Market Research Reports Consulting
Real Estate Business Review
Real Estate Industry Research and Market Reports
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Contact:         
Ken Research
Ankur Gupta, Head Marketing & Communications
+91-124-4230204
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