Cargo and Delivery Drone Logistics Market Outlook: Ken Research

Overview: An unmanned aerial vehicle (UAV) commonly known as a drone is an aircraft without a human pilot aboard. Small drones designed to deliver small commodities such as pharmaceuticals to remote hospitals have been around for years but face bans to operate beyond line of sight from world regulatory agencies in the interest of public safety. However, larger more capable machines are being developed.

Evolution: Innovation has led to developments in air travel for people, with reliable cargo aircrafts being modifications of passenger jets. However, things have started to change by the introduction of UAVs in the field of cargo and delivery which have been designed with the view to save time and money. Drones are a result of extensive research and they have even begun modest use with tech giants and e-commerce companies.  Some companies have even started developing their own drone’s .Even renowned aircraft manufacturers like Boeing have begun building drones to cater to the growing demand for air freight.

Recent developments include-

DHL’s Parcel copter

Boeing’s CAV released in January 2018

UPS unveiled a battery powered residential delivery drone in 2017.

Sabrewing Aircraft Co. and JD.com are all working on large prototypes that have a long range.

Beijing based Sichuan Tengden Technology is developing a cargo drone which would carry 20 tons of cargo.

California based Natilus is working on cargo drones with a 90 ton capacity.

Market Scenario: The market for air freight is one of the key drivers for growth of the logistics market as indicated by several market research reports for logistics. Despite this the market for drones is still very primitive .Major companies have launched their drone promotion projects for instance Amazon’s Prime Air drone and Google’s Project Wing which was used for deliveries in Australia. Chinese companies such as drone maker Beihang UAS are tapping into interests of delivery drones as suggested by a logistic market research report which estimates the Chinese parcel delivery industry to grow by 25%-30% in the coming years .The 2017 data for global air freight markets showed that the demand had grown by 9% which was more than double the growth recorded in 2016.

Competition: In the interest of research, development and more efficient freight transportation many companies have joined forces.  Microsoft partnered with DJI a Chinese drone manufacturer and Alphabet partnered with Guzman Y Gomez in 2018. In 2016 UPS began testing commercial drones in partnership with drone maker CyPhy Works. China’s largest courier service SF Express Delivery uses drones in partnership with Tengoen Technology to drop cargo pods. Beihang UAS has entered into a strategic partnership with logistics firm Cainiao.

Conclusion: Undoubtedly the drone oriented cargo delivery system has immense potential and with leading players like China who are willing to invest immensely in this sector we can expect drone services being more easily accepted in the future .Ecommerce is also expected to develop and with it the demand for APAC economies, like China, which is expected to further drive the air cargo and delivery industry.

Key Factors Considered in the Report:

Logistics and Shipping Market Research Reports

Logistics and Shipping Industry Analysis

Market Research Reports for Logistics

Logistic Market Research Report

Logistics and Transportation Market Research Reports Consulting

Logistics Business Review

Logistics and Shipping Industry Research and Market Reports

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Revolutionising Healthcare Using Artificial Intelligence Market Outlook-Ken Research

Overview: Technological progress is rapidly changing the basic work culture globally across all fields to increase efficiency and output. Developments in this field are a result of extensive research not only in the literature but also in the equipment. With development of artificial intelligence (AI) the Health Care Industry Analysis has greatly developed. AI is the ability of computer algorithms to approximate conclusions without direct human interaction.

Evolution: The first research relating to the healthcare sector dates back to 1960s to 1970s which led to the discovery of the first expert system named Dendral which was aimed at the study of hypothesis formation. An expert system in AI refers to a system that uses the decision making ability and logical reasoning of human experts to tackle problems. AI research in Organic Chemistry led to the discovery of MYCIN which was an expert system that used AI to identify bacteria causing severe infections such as men ingitis and to recommend antibiotics with the dosage adjusted for patient’s body weight. In the 1980s and 1990s researchers and developers began focusing on the idea that AI systems in healthcare must be designed to accommodate the absence of data and expertise. Further artificial neural networks that were designed to understand human brains based on data from animal brains also began to develop.

Further developments include:

·         Widespread growth of electronic health record systems.

·         Laser technology is being developed to increase its healing capacity beyond eye problems.

·         Robotics is used in the medical field by means of robot assisted surgeries like coronary artery bypass. Zeus and da Vinci robot systems are used in gastrectomy and gynecology.

·         Three dimensional imaging is now available for ultrasound procedures.

·         AI is being coupled with telecommunication to procure telemedicine which involves the distribution of information and medical consultation through electronic media.

·         Automated suturing is expected to be in practice in the near future.

·         Advanced imaging in the form of laparoscopes is now used where the internal abdomen can be extensively viewed.

Market Scenario: AI is now another investment opportunity for several medical companies. The effort is towards expanding the database of the healthcare market and with the help of AI, to make it more accessible to the general public. Majority of the investments in healthcare related to AI are being made by tech giants like Google, Amazon and Apple.

Competition: Healthcare is now coupled with AI to produce revolutionary results. Since a nation’s development is majorly indicated by its healthcare sector, it is only natural to note that competition has led to innovation. Ireland based Medtronic is the largest medical device company in the world serving more than 140 countries worldwide  specializing in diabetes management, cardiac rhythm monitoring and surgical devices followed by New Jersey based Johnson & Johnson which is famous for its orthopedic and cardiovascular fields. The German company Seimens Healthineers is a leader in medical imaging and laboratory diagnostics.

Conclusion: Major technical and medical giants are coming together to augment AI development. Currently the AI sector is considered narrow however; the trend is changing as healthcare market research reports reveal that a total of 550 AI startups were funded in the U.S. in 2016. Healthcare industry analysis reveals a projected growth rate of about 40% over the next 10 years. Developments in Radiology and Cancer treatment are being funded by giants like Google and IBM further strengthening the integration of medicine and technology.

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https://www.kenresearch.com/healthcare/general-healthcare/SC-91-64.html               

                    

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Smart Education Devices To Dominate Traditional Education Systems : Ken Research

Education is an integral part of the public sector. Globally, information and analysis on the education market plays an important role for both government and commercial organizations. Education Market Research Reports provides insights into trends, changes, projections, and opportunities across the education market on a global scale. Global education industry is experiencing rapid expansion due to government support, technological advancements, increasing enrolment ratios and increasing awareness of adult education. Almost all the developed nations provide sophisticated education, while the developing nations provide primary education. Governments in developed countries provide more support to their education sector compared to the developing countries. This is due to high availability of resources in the developed nations such as advanced technological educational tools.

Now-a-days, education institutions are investing more in software solutions than in technology hardware. M-learning, Bring Your Own Device and virtual reality are gaining popularity. Education technology is enabling student-centred education, while lectures are becoming project-and inquiry-based. Global educational institutions are also investing heavily to provide teaching staff and competitive salaries for professional courses such as law, engineering and medicine. The major motivators in the education market are the ageing population and increasing middle-class along with increasing education resources.

The introduction of digital era has created a paradigm shift in the traditional education market. Consumers are adopting formal and informal learning methodologies that are driving the growth of the education market. These new trends initiated the smart education systems on a global front. The smart education market has many hardware providers who are introducing various educational devices. These smart devices support various activities in the education sector such as teaching, learning or operations. Majority of the educational systems have deployed iPads and tablets for teachers and students.  Document cameras, interactive whiteboards, projectors, and 3D printers are used in advanced learning. With the integration of these devices in traditional classrooms, global education system has become more flexible. Smart education systems provide more support along with institutions so as to promote any type of learning environment, such as flip classrooms, virtual classrooms, experiential, and collaborative learning, which is propelling the growth of the smart education market. Majority of the global smart education systems are provided by Blackboard, Cisco Systems, Instructure, Pearson, and Samsung.  

The major challenges in education market are the online training resources, programs and even mobile applications. Therefore, successful educational service providers are benefitting with the use of the latest technology. These tools help students to learn in new and exciting ways and also help providers to manage students, administrative functions and source material distribution more efficiently. According to Education Industry Analysis, majority of the education revenue comes from tuition or program fees depending on geographical location and subject matter. The education industry is not limited to tutoring school age kids in subjects such as maths or science but also in childcare, early education, career education, art, dance, adult language, test preparation and even driving. The education market is anticipated to grow at a steady rate over the next few years because various educators are utilizing various online platforms in teaching and learning methods with the help of advanced educational technology.

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https://www.kenresearch.com/education-and-recruitment/education/saudi-arabia-education-market/149483-99.html

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International Car Rental Industry Market Outlook : Ken Research

Overview: The car rental industry is a multibillion dollar industry globally. Car rental sector has observed immense growth in the recent years especially in USA and countries of Europe because of rising air travel by people for business or leisure. Car rental market research reports suggest that the US car rental industry alone was the major contributor in revenue terms for this industry. Speaking in terms of competition, car rental industry has proved to be a war zone with dominant player such as Avis, Hertz, Enterprise, keeping a tight hold onto their share. Car rental industry has now focused to online mode of reservations due to cost advantage. Users can avail the services through online platforms by simple means of an application or website. Car hiring industry revolves around commercial and non commercial, renting of all sorts of cars ranging from sedans to SUVs and compact hatchbacks. The industry is expected to hit a CAGR of 17.3% during the period of 2018-2022 making more lucrative for dealers and companies to either expand or enter the market.

Outlook: Enhanced user experience through digitization, introduction of green vehicles in car fleet, enhanced technologies in car rental services and concept of self driving unlike hire driving are some major trends that impact the industry dynamics.

Enhanced GPS technology developed in the recent years has nearly transformed the dynamics of this industry. This technology has enabled companies to gather better vehicle status. For example if a company is running low on vehicles, it will check via its GPS for availability of the next vehicle. That way the customer can rent car much more quickly and easily. Enhanced GPS technology not only keeps a track of the consumer’s location but also tracks the users speed and if he/she gets a speeding ticket, it will highlight how fast the user was going. This helps the company to save on speeding tickets that user do not pay. Tracking fuel usage and thus resulting in reduced overall travel cost is one of the major advantages of the GPS. This makes the car rental industry more attractive for consumers. In contrast to other mature service providing industries, car rental industry is highly consolidated resulting in a cost disadvantage to new entrants because of lack of economies of scale.

Market Size: Car rental industry analysis suggests that it is expected to grow exponentially due to increasing urban population, rising economy and rapidly growing tourism as well as increasing disposable income. In India this industry is expected to grow at a slower rate as compared to global trends thus, resulting in a sluggish growth in revenues too. All the car companies currently do not posses GPS technology because of financial constraints. However, big market players with deep pockets are using this service to better service their consumers and also benefit themselves.

Competition: Under non commercial segment, the competition is led by Enterprise which has highest market share. On the other hand competition under commercial segment especially airport services has been hypercompetitive with Hertz emerging as the market leader. Hertz uses Neverlost as its GPS system. Avis has collaborated with company Navman to provide GPS services to its user. Enterprise too offers the services of Garmin Nuvi GPS technology to improve consumer satisfaction.

Conclusion: In India, the better days of car rental industry are yet to arrive whereas global indicators reveal that growth in developed nations of Europe and USA will be significant. Moreover GPS technology makes car rental industry favorable for both the company and the user as it has benefits for both. Majority of the companies are currently implementing this technology to have a better share in the market.

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https://www.kenresearch.com/tag/automotive-transportation-and-warehousing/car-rental/161.html

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Increasing Demand for Polyurethane Foam to Drive the Growth in Global Automotive Foam Market: Ken Research

Automotive foams are polymer foams manufactured by combining two phases, gas phase and solid phase to develop foams. This process results in development of foam incorporated with either air bubbles or air tunnels which are either closed cell structure or open cell structure. Foams with open cells are flexible while foams with closed cells are rigid. Chemical or physical gas is used as a blowing agent in the manufacturing of automotive foams. All the polymer foams are produced using various methods such as extrusion, slab-stock and molding. Polymer foams are used in automotive industry, packaging industry, construction, furniture and other industries. The global automotive foams market is segmented on the basis of types such as polyurethane, Polyolefin, Styrenic, Polyvinyl chloride, Phenolic, Melamine, starch foams, biodegradable foams and others. Globally, automotive foams are utilized in manufacturing industries such as instrument panels, seating, door panels, headliners, water shields, gaskets, seals, Noise-Vibration and Harshness (NVH) solutions and others. Automotive foams are used in automobiles such as Compact Passenger Cars, Mid-sized Passenger Cars, Premium Passenger Cars, Luxury Passenger Cars, Light Commercial Vehicles, Heavy Commercial Vehicles, and Two-Wheeler.

The major factors driving the global automotive foams market are low density foam products, weight reduction characteristics and cost effectiveness. Automotive foams are used as optimal insulators with low heat transfer property, flexibility and softness in automotive foams provide extra comfort to the passengers, growing consumer preference for polymer foams in vehicles and manufacturer’s approval towards automotive foam products in commercial vehicle are the other factors driving the demand for automotive foams on a global scale.

According to the study “Global Automotive Foam Industry Situation and Prospects Research report”, global automotive foams market faces few major market challenges such as waste disposal, flammability, recyclability and adverse effects of blowing agents on the environment which are directly hampering the growth of the market. The global automotive foams market is spread across North America, Latin America, Western Europe, Eastern Europe, Asia-Pacific, Middle East and Africa. The leading players in the manufacture of automotive foams are Woodbridge Foam Corporation, Bridgestone Corporation, Johnson Controls, The Dow Chemical Company, BASF Chemical Company, Lear Corporation, Vitafoams, Saint-Gobain, Armacell, Recticel, Adient Plc., Caligen Foam, Zotefoams Plc., and others.

The increasing disposable income and the rising trend of urbanization in emerging economies, such as Japan, China, and India has witnessed a significant growth in automobile industry while utilizing the automotive foam products. China is the leading consumer of automotive foams across the world due to the rapid growth in the manufacture of heavy commercial vehicle and passenger cars within the automotive industry. An automobile per household has become a necessity and status symbol in the society due to modernization which is driving the global automobile market and the automotive foam market. Majority of the polyurethane foams are used for seats in the automobiles due to their excellent features such as ease of installation, minimal weight, fire resistance, thermal resistance, and low cost. There is a huge demand for polyurethane foam compared to the other variants of foams and is expected to remain on the top over the next few years.

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Artificial Intelligence in Real Estate Market Outlook: Ken Research

Overview: The global real estate sector seems to be on an accelerating disruptive turn highlighted by a change in customer dynamics, demographic shifts and an ever increased demand to access data in order to better serve the users. It is quite clear that the cities are no longer traditional cities which just mean buildings and people, they are moving forward to more advance concepts like smart cities. In this demanding ecosystem companies have no choice but to be aware of the recent developments.  The Real Estate Market Research Reports suggest that it is expected to register a CAGR of 15.9% for the period 2016-2028. With this in mind, the sector is expected to expand its services and also work closely with technological developments.

Outlook: The industry has observed a shift from tradition methods used in this sector to online modes of dealing. After the real estate sector saw a shift to online interaction between a buyer and a seller, companies were able to penetrate further and expand their consumer base since the services are cheap and time saving. They also eliminated the need for a middleman by directly establishing a contact between the buyer and seller. Since past few years online real estate industry is trying to experiment into the artificial reality segment with very positive results.  One of the most prominent methods by which AI has entered the real estate segment is the use of Chat bots. Chat bots are artificial intelligence powered bots that respond to a person’s query using real time speech analysis. Chat bots help companies to save customer service cost and optimize time spent on answering customer questions that are of a common nature. Nowadays companies send out marketing campaigns through mail to their clients and prospects. However, this eventually results in a user losing interest due to a flood of marketing campaigns received. Companies such as ATTOM data (USA) is making use of artificial intelligence to send out dynamic campaigns based on area of interest or a particular property. Another innovation under AI is the use of intelligence search platforms. The Real Estate Industry Analysis shows that earlier customer preferences could be made only on basic information like price, area of choice. Now with the introduction of intelligent search platforms, information like ROI, neighbors etc. now are also available that help in identifying better consumer preferences.

Market: The market for global real estate industry is expected to grow by leaps and bounds. The major key drivers associated with the above growth are:-

Enhanced income level: Income levels have been raising especially in developing economies like India USD 1,461 (2011) to USD 1,709 (2016) and China from USD 5,633 (2011) to USD 8,123 (2016) have been a major reason for increased growth in retail sector. (Source: World Bank)

Smart Phone penetration: Most retail companies provide their services through an application and with growing smart phone penetration throughout the globe causing real estate industry to rise.

Increasing urbanization: Urbanization is expected to grow roughly between 10-15% in the upcoming years which further improves the future of this industry.

Competition: Companies around the globe especially USA and Europe have entered in the online retail market brining in artificial intelligence techniques like Chat bots. Companies like structurally (USA) have developed platforms like Holmes and Home chat which are chat bots helping the company to improve its customer response system. Address report is a solution acquired by ATTOM data that sends dynamic content to its subscribers using artificial intelligence. X.AI - This personal Chabot assistant takes care of the meeting. They will be responsible for determining the best time and location, and will add an invitation to your calendar. Rex real estate exchange (USA) runs a chat bots connecting sellers and buyers and aims at reducing brokerage fee.

Conclusion: The real estate industry is expected to grow exponentially due to factors like increasing income, urbanization etc. Companies are now trying to enter the market by means of Artificial Intelligence that aims at improving customer interaction by reducing time and money.

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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Advanced High Strength Steels are adopted by the European Automotive Tool Steel Manufacturers: Ken Research

Tool steel is the major choice of automobile makers worldwide due to its desired standards of strength and safety. It is the strongest and most affordable material that can be engineered in a lot of different ways to meet the automobile needs and performance of the vehicle. It was estimated that there is an increasing consumption of steel in the automotive sector on a global scale. However, the share of tool steel in automobile manufacturing is likely to drop over the next few years because majority of the automakers need to comply with stringent regulations governing automobile emissions and fuel efficiency. To tackle environmental concerns, European government has set specific targets for fuel efficiency and emissions reduction. Europe targets to reduce average vehicular carbon dioxide emissions in the next few years.

According to the study “Europe Automotive Tool Steel Industry Situation and Prospects Research report”, in order to standardise tool steel’s position as the material of choice in the automotive industry, majority of the manufacturers are investing heavily to produce advanced high-strength steels. European steel manufacturing companies are collaborating with Original Equipment Manufacturers (OEMs) in order to develop steel solutions that cater to the automobile manufacturers’ requirements in terms of weight reduction as well as safety. Automobile manufacturing involves a lot of theories such as front end crash requirements, manufacturing material should be able to absorb crash energy, and vehicle body material should be able to deflect energy to avoid crumple. Steel possesses all these flexibilities and qualities affordably.

Newer steels, such as Advanced High-Strength Steels (AHSS) possess these requirements with less steel at a lighter weight. Steel can be infinitely recyclable back into the same product because it does not degrade in quality as it is recycled. Steel is magnetic and can be easily draw out during the recycling process compared to other materials that are not magnetic. Advanced High-Strength Steels can be manufactured at very thin gauges and maintain the strength of a mild steel. They are different than the conventional steel and are effectively used in the automotive industry. Currently, Advanced High-Strength Steels are the fastest growing materials used in European automotive manufacturing.

European automotive industry is heavily dependent on the tool steel, therefore, there is an increasing demand for the products. The tool steel industry directly affects the growth in the forging industry. Majority of the forged metals are used in automotive, factory automation, aerospace, defence and others manufacturing industries. The growth of tool steel market in Europe is due to the increasing growth in the automotive industry, forging industry and tool steel manufacturers. The fluctuation in steel prices has a great impact on the tool steel market in Europe. The automotive tool steel industry is segmented between Commercial and Passenger Vehicles. This segmentation is based on the type of steel utilized for the production of the automotives. The tool steel segmentation is categorized between Carbon Tool Steel, Alloy Tool Steel and High Speed Tool Steel. Geographically, automotive tool steel in Europe market is spread across Germany, Russia, UK, France, and Italy. The leading players are Voestalpine, Schmolz + Bickenbach, Sandvik, Fushun Special Steel, BaoSteel, TG, Nachi-Fujikoshi, Qilu Special Steel, Hitachi, Eramet, Universal Stainless and Hudson Tool Steel.

Automotive tool steel includes all the categories of steel materials used for the production of an automotive vehicle. Advanced technology in automobile manufacturing has led to growing implementation of high technology tools that are easier to use and are more user friendly. The tools manufactured are used for jacking, tire change, re-screwing and other automotive operations. There is an increasing demand for automatic tools and a need for advanced better quality steel used for tools manufacturing. The growth in European automotive sector has resulted in demand for sophisticated tools and demand for automotive tool steel. The automotive tool steel market in Europe is expected to grow steadily over the next few years.

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https://www.kenresearch.com/automotive-transportation-and-warehousing/automotive-and-automotive-components/asia-automotive-tool-steel-industry-situation-and-prospects-research-report/145682-100.html

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