Australia Clinical Services Market Outlook to 2023 : Ken Research

The report titled “Australia Clinical (Diagnostic and Pathology) Services Market Outlook to 2023 - By Radiology Tests (Ultrasound, CT Scan, Diagnostic Radiology, MRI, Nuclear Medicine Imaging and Others) and Pathology Tests (Chemical, Microbiology, Tissue Pathology, Haematology, Patient Episode Initiation, Immunology and Others)” provides a comprehensive analysis of diagnostic imaging and pathology services industry in Australia. The report focuses on overall market size for diagnostic and pathology services in different states across Australia, market segmentation by requesting provider (GP, Specialist, Allied Health and Dentist), by type of test (Radiology Tests (Ultrasound, CT Scan, Diagnostic Radiology, MRI, Nuclear Medicine Imaging and Others) and Pathology Tests (Chemical, Microbiology, Tissue Pathology, Heamtology, Patient Episode Initiation, Immunology and Others)) and by state (NSW, VIC, QLD, WA, SA, TAS, ACT and NT). The report also covers Australia diagnostic imaging equipment market size and segmentation by equipment and a Snapshot on the POCT market in Australia.

The report also provides a holistic view of the overall clinical market (diagnostic & pathology) ecosystem, value chain analysis, mediclaim process, and medicare programme, growth drivers, restraints along with market share of leading clinical labs (I-MED Radiology, Sonic Healthcare, Primary Health Care, Integral Diagnostic, Capitol Health Limited, Qscan Radiology Clinics, PRP Diagnostic Imaging, Benson Radiology, Australian Clinical Labs, SA Pathology & Other Players).

The report also includes SWOT analysis, entry barriers, regulations for pathology laboratories, collection centres, packaging and quality control of specimens. The report also includes future projection for diagnostic imaging and pathology services market size and future projections by type of test in diagnostic and pathology services market. The report concludes with analyst recommendations highlighting the major opportunities and cautions.

Diagnostic Imaging Market Size

In terms of revenue, the Australian diagnostic imaging market has registered a constant growth with positive CAGR in last five years (FY’2012- FY’2018E). The diagnostic imaging market has witnessed an overall rise in bulk billing rates in 2017. Key initiatives in the last 5 years included increasing the number of MBS-eligible MRI machines and improved “appropriate requesting” by health professionals to promote more efficient and effective use of diagnostic imaging services. There has been an overall improvement in patient access to MRI services but “appropriate requesting” initiative was not substantively implemented.

Pathology Services Market Size

The pathology services market has also grown with a steady pace in the past few years. The pathology market in Australia is in its late growth stage. Australia is known to provide best value for money in pathology while maintaining high service quality, even better than US, Canada or Japan. Pathology sector has the highest bulk billing rate of any medical service in Australia.

Australia Diagnostic Imaging and Pathology Services Market Segmentation

Segmentation by Type of Tests

Diagnostic Imaging Market: The highest contribution in revenues in diagnostic imaging market is from ultrasound, followed by CT scan and diagnostic radiology tests. The least revenue contribution is from nuclear medicine imaging as cases in which these tests are ordered are very less. On the other hand revenue from MRI scans has grown at an overwhelming pace in the last five years.

Pathology Services Market: The highest revenue contribution in the pathology services market is from the chemical tests followed by microbiology and tissue pathology with the second and third highest revenue contribution. Immunology test had the least contribution in the overall revenues of the pathology services market in Australia.

Segmentation by Requesting Providers

Diagnostic Imaging Market: The highest contribution in revenues is from general practitioners (GP), followed by specialists, dentists and allied health providers. The number of GP’s has been rising in the country in past few years.

Pathology Services Market: In pathology service market, the majority of the revenue contribution is by the general practitioners followed by specialists. The contribution by dentists and allied health service providers is very minimal. Rise in number of pathology services was driven by growing prevalence of chronic diseases and incline in number of GPs.

Segmentation by State

Diagnostic Imaging Market: State wise, revenue share of New South Wales (NSW) has been the largest followed by Victoria (VIC) and Queensland (QLD). The least revenue share was from the Northern Territory (NT).

Pathology Services Market: In pathology services market as well New South Wales dominated the market followed by Victoria (VIC) and Queensland (QLD). The highest demand for pathology tests is from NSW while the least demand is from the Northern Territory (NT).

Competition

Diagnostic Imaging Market: Australia diagnostic imaging market is a fragmented space.  Several private equity firms have ventured into the space and consolidation is well underway, with more mergers and acquisitions expected in the near future.

Pathology Services Market: Australia pathology services market is a consolidated space with a supermarket-style duopoly where top 2 players comprised for majority of the share of the market in FY’2018. In 2010, the government removed restrictions on the number of collection centers a pathology network could operate, resulting in intense competition for collection centers. Since deregulation the number of centers has more than doubled.

Future Projections

Diagnostic Imaging Market: The diagnostic imaging market is likely to grow at a positive CAGR during 2019-2023. The market will be driven by ageing population, addition of services to Medicare rebate such as cardiac and prostate MRI. Announcement of indexations in schedule fee by Medicare will also potentially aid in market growth in the near future.

Pathology Services Market: The revenue growth in pathology services is expected to be positive in coming years. The market will be driven by reversal to cuts in Bulk Bill incentives, implementation of national screening programs and rising trend of outsourcing by public hospitals to private service providers.

Key Segments Covered

By Type of Tests

Diagnostic Imaging

·         Ultrasound

·         CT Scan

·         Diagnostic Radiology

·         MRI

·         Nuclear Medicine Imaging and Others

Pathology Services

·         Chemical

·         Microbiology

·         Tissue Pathology

·         Heamtology

·         Patient Episode Initiation

·         Immunology and Others

By Requesting Provider

·         GP

·         Specialist

·         Allied Health

·         Dentist

By State

·         New South Wales (NSW)

·         Victoria (VIC)

·         Queensland (QLD)

·         Western Australia (WA)

·         South Australia (SA)

·         Tasmania (TAS)

·         Australian Capital Territory (ACT)

·         Northern Territory (NT)

Key Target Audience

·         Diagnostic Imaging Service Provider Companies

·         Pathology Service Provider Companies

·         Private Hospitals

·         Diagnostic Imaging and Pathology services equipment and consumables providers

·         Private Equity Ventures

Time Period Captured in the Report:

2012-2018 – Historical Period

2019-2023 – Future Forecast

Companies Covered:

Diagnostic Imaging and Pathology Services Companies:

·         I-MED Radiology

·         Sonic Healthcare

·         Primary Health Care

·         Integral Diagnostic

·         Capitol Health Limited

·         Qscan Radiology Clinics

·         PRP Diagnostic Imaging

·         Benson Radiology

·         Australian Clinical Labs

·         SA Pathology

Key Topics Covered in the Report

·         Overview of Australia Clinical (Diagnostic and Pathology) Services Market

·         Value Chain Analysis in Australia Clinical (Diagnostic and Pathology) Services Market

·         Mediclaim Process

·         Overview of Medicare Program

·         Australia Diagnostic Imaging and Pathology Services Market – Growth Drivers

·         Australia Diagnostic Imaging and Pathology Services Market – Restraints

·         Australia Diagnostic Imaging Market Size- by Revenue & and Number of Patients

·         Australia Pathology Services Market Size- by Revenue & and Number of Patients.

·         Australia Diagnostic Imaging Market Segmentation- by Type of Tests

·         Australia Diagnostic Imaging Market Segmentation- by Requesting Provider

·         Australia Diagnostic Imaging Market Segmentation- by State

·         Australia Pathology Services Market Segmentation- by Type of Tests

·         Australia Pathology Services Market Segmentation- by Requesting Provider

·         Australia Pathology Services Market Segmentation- by State.

·         Australia Diagnostic Imaging Market Share

·         Australia Pathology Services Market Share

·         SWOT Analysis

·         Regulations in Pathology Service Market

·         Australia Diagnostic Imaging Market Analyst Recommendations

·         Australia Pathology Services Market Analyst Recommendations

 To know more, click on the link below:

https://kenresearch.com/healthcare/trial-diagnostic-services/australia-clinical-diagnostic-pathology-services-market.html

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Effective Landscape Of The Nutritional Supplements In The African Market Outlook: Ken Research

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The nutritional supplements are a product which proposed to supplement the diet as they provide nutrients either extracted from food sources in order to increase the quantity of their consumption. Whereas, the class of nutrients compounds involves minerals, fiber, vitamins, amino acids, and fatty acids. Not only has this, but the nutritional supplements can also consist substance that has not been deep-rooted as being essential to life, but are promoted as having a beneficial biological effect whereas, the animal can also be a basis of supplement ingredients. In addition, the key players of this market are playing an important role by accounting an effective growth in the market of Africa while for acquiring the handsome amount of share the focused key players are adopting the effective market strategies and policies.

According to the report analysis, ‘Middle East and Africa Nutritional Supplement Market (2018-2023)’ states that there are several key players which are recently performing in this market for acquiring the huge market share by analyzing the strategies of competitors includes Archer Daniels Midland Company, Cargill Inc., DSM, Du Pont, Herbex and several others. Moreover, the report of this market is consist so many relatable points which includes market segmentation and scope, market overview, growth drivers, challenges, market trends, country-wise market revenue, market attractiveness analysis, value chain, major country penetration, company snapshot, growth strategies, geographical presence, key numbers, product offerings and several others. Furthermore, there are many focused key players which are adopting effective market strategies and policies for dominating the huge market share in Africa.

The market of nutritional supplements is segmented in the African region on the basis of ingredient type which includes amino acids, enzymes, botanical supplements, vitamins, and proteins. Meanwhile, in 2018 the Botanical supplements have the wide market share in South America.

The Middle East and Africa nutritional supplements market was valued at USD 4.81 Billion in 2017 and is expected to grow at an effective CAGR of 8.13% during the review period. The Middle East and Africa is one such region that has a lot of scope for development. At present, it is the minimum market globally, but the emerging economies of South Africa, UAE, and Saudi Arabia provide opportunities for growth. Whereas, on the basis of countries, the market of nutritional supplements is segmented into UAE, South Africa and rest of the Middle East and Africa whereas, based on the end-user, the market of these supplements is divided into adults and infants. With the effective working of the key players, the market will lead to significant market growth in the forecast period.

Additionally, the rise in the prices of the products, lack of awareness among the populace of the region about the dosage of nutrition supplements and unstable economy are some of the challenges of this market. Meanwhile, the significant increase in the supplement sales in the Middle East & African market is because of the increased consumer awareness of health supplements, older populace, and access to digital technology. Additionally, health-conscious celebrities are helping in popularizing dietary supplements. Therefore, in the near future, it is expected that the market of the nutritional supplements in Africa will increase more positively.

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Changing Dynamics Of The Asia Pacific Connected Vehicles Market Outlook: Ken Research

According to the report analysis, ‘Asia-Pacific Connected Vehicle Market (2018-2023)’ states that there are several players in the market of Asia Pacific region which are leading the handsome amount of share and performing their functions more actively for attaining highest market share includes Airbiquity Inc, Aptiv PLC, Autoliv, Continental AG, Denso, NXP Semiconductors, Robert Bosch GmbH, TomTom, WirelessCar, ZF Friedrichshafen and several others. Moreover, Asia-Pacific region is anticipated to become the conspicuous market by 2025 for connected cars owing to high growth in the automotive market and emerging connectivity infrastructures across the region. Furthermore, the Asia-Pacific associated vehicle market is predictable to reach USD 47.4 Billion by 2023, growing at a CAGR of 20% (2018-2023). Based on the connectivity, requirement for surrounded solutions, tethered solutions, and integrated solutions for connected passenger cars has augmented over the years. Correspondingly, the usage of telematics and fleet management solutions for connected commercial vehicles has grown.

A connected vehicle is that type of vehicle in which the facility of internet access is provided. Moreover, connected vehicles refers to that technology which are among the most heavily research automotive technologies. The vehicle technologies recently accessible are only a fraction of what is being improved for future. In addition, connected vehicles enable the vehicle to share internet admission, and therefore data, with other devices both outside the vehicle as well as inside the vehicle. Furthermore, the connected vehicles are benefitting with the significant rise in smartphone applications, and apps are obtainable to interact with the vehicle from any distance. The key players of this market in Asia Pacific region are doing an effective job by doing effective developments in the technology of connected vehicles for attaining the handsome amount of share which further benefitted for leading the fastest market growth in the forecasted period.

Additionally, the connected vehicle ecosystem is developing in which Asia-Pacific connected car manufacturers and automotive OEMs are emerging various connected solutions. The Asia-Pacific region connected passenger car market is anticipated to reach USD 34.93 Billion by 2023 at a CAGR of 22% (2018-2023) and the Asia-Pacific connected truck market is predictable to reach USD 12.47 Billion by 2023, increasing at a CAGR of 17% (2018-2023). China and India are the two fastest developing economies in the Asia-Pacific region, demonstrating ample growth opportunities for the improvement of the connected car market. China has presently enlarge significantly in mobile connectivity technology, keeping customer benefits as a significance and consequently introducing connectivity enabled vehicles. Ride sharing companies are investing comprehensively in this region and also inflowing into strategic associations to renovate their traditional vehicles to all-electric vehicles. Meanwhile, growing fuel prices is initiating a credit crunch, and expanding inflation is taking a toll on the global economy. The industry is also constrained by accumulative regulations, sluggish demand, and growths in both fixed and marginal cost. For instance, growing need for a connected driving experience is increasing speedily in this region. Major auto-makers and OEMs are employed to make this a reality very soon. Therefore, in the near future it is expected that the market of connected vehicles in Asia Pacific region will grow more actively over the recent few years.

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Changing Dynamics of the Advanced Driver Assistance Systems in Latin America Market Outlook: Ken Research

The automotive and automotive components market of Latin America has grown more actively in the recent trend with the significant development in the technology of advanced driver assistance system. Whereas, the advanced driver assistance system refers to those systems which actively support and help the drivers to avoid accidents and collisions. Meanwhile, the advanced driver assistance systems (ADAS) are systems that substitute or complement the driver of a vehicle. As they made the usage of radar and cameras to assist the drivers by facilitating the real-time information related to the environment. Hence, this is leading the way to autonomous vehicles. Furthermore, the key players of this market in Latin America are adopting effective market strategies and policies for dominating the rising demand for these systems as growing demand leads the fastest market growth in the forecasted period and proved to be beneficial for leading the highest market share in Latin America.

According to the report analysis, ‘Latin America Advanced Driver Assistance Systems (ADAS) Market (2018-2023)’ states that some of the major key players are presently functioning in this market for leading the highest market share by dominating the growing demand for these systems from the automotive sector includes Autoliv Inc., Delphi Technologies, Denso Corporation, Bosch, BMW AG, Aisin Seiko Co., Denso Corporation, Magna International, Ford Motor Company and several others. Moreover, the growing implementation of these systems in the small cars or any other vehicle is projected to boom the market requirement. Furthermore, the Latin America ADAS market is expected to reach USD 3.17 Billion by 2023 with a CAGR of 23.3% during 2018-2023. Meanwhile, the report also cover several relevant other points to remember related to the other aspects of the region includes market scope, market overview, drivers, challenges, trends, value chain, market revenue , country-wise market overview and several others. The key players of this market in Latin America are playing an important role by working actively for removing the restraints and challenges as they hinder the market growth and become a hurdle for leading the handsome amount of share in the region.

Additionally, rising need for a harmless driving environment has controlled to the petition for comfort driving among people. The market suggest high prospective in the automotive industry due to low car ownerships. Comparatively high disposable incomes in the region is fueling the demand for ADAS in the region. Meanwhile, in the hurriedly growing vehicle automation and market of ADAS, the big challenge is to expand system accuracy and presentation without hiking the price. For instance, the quickly expanding automotive industry in developing economies such as Brazil has created significant demand for vehicles equipped with adaptive cruise control. The rising number of road accidents and safety awareness are driving the market. Therefore, in the near future, it is expected that the market of advanced driver assistance systems in Latin America will grow more significantly over the recent few years with the more developments in the specifications.

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Changing Dynamics of the Self-Driving Car in the Latin America Market Outlook: Ken Research

A self-driving car refers to an autonomous car or robotic car or a driverless car. In addition, a self-driving car has a combination of radar sensor, GPS system, artificial intelligence and cameras to travel from one place to another without the need of any human drivers. The self-driving market in Latin America is further divided based on applications, automation, and technological components. The sector of applications are further characterized into personal use and commercial use. Primarily, self-driving cars will be possessed personally. The region is presented a great interest towards autonomous driving technologies. Approximately half of the populace measured believe that autonomous vehicles will progress the flexibility in the city. Moreover, the key players of this market are doing an effective developments in the technology of self-driving car for dominating the huge market share in the forecasted period which further proved to be profitable for leading the highest market growth in the reviewed period.

According to the report analysis, ‘Latin America Self-driving Car Market (2018-2024)’ states that some of the major key players which are presently functioning in this market more actively for leading the highest share in the market by doing significant developments in the technology of self-driving cars technology for accomplishing the growing demand of potential buyers includes Apple, Microsoft, Toyota, Nissan, General Motors and several others. Whereas, the report also cover the effective information related to the important aspects of the markets includes market drivers, market trends, market challenges, value chain, company snapshot, product, global presence, recent initiatives, geographic share of revenue and several others. Moreover, it is expected that with the introduction of self-driving car crash would reduce by 90%. The Latin America self-driving car market is anticipated to increase at a CAGR of 28.5%, leading to global revenue of USD 3.75 Billion by 2024. 

Latin America self-driving market is further split differently based on applications, automation, and technological components. Meanwhile, the application sector are further considered into personal use and commercial use. Initially, self-driving cars will be owned personally. Additionally, the Latin America is demonstrating a great interest towards autonomous driving technologies. Whereas, around half of the people investigate and believe that autonomous vehicles will develop the mobility in the city. Furthermore, the self-driving car market is divided basis on the several technological components that are used in autonomous cars like radar, lidar, automotive vehicle camera, ultrasonic sensor, and GPS navigation system. While, the radar-based driver assistance systems are previously being used right now.

Additionally, factors that may restrain the implementation of self-driving cars are regulation, deprived infrastructure, i.e. poor road quality and less number of active AV test. Whereas, the Latin America can hurry up the acceptance of autonomous vehicles if proper procedures are taken into contemplation. According to an examination, conducted by an automotive company, more than half of the surveyed populace have favorable opinion about autonomous cars. Furthermore, it is expected that the market of self-driving car in Latin America will rise more positively with the effective investment by the new entrants in the development of the technology over the recent few years.

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Profitable Landscape Of The Conjugate Vaccine In India Market Outlook: Ken Research

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India is projected to be the fastest rising market for the conjugate vaccines in the near future. Meanwhile, the conjugate vaccine is a category of vaccine that encompasses bacterial capsular polysaccharide, connected to a protein to develop immunogenicity and safeguard against invasive diseases. India is one of the most prominent markets of conjugate vaccines. Moreover, India is predicted to be the fastest rising market because of the government’s focus on research and development in the life sciences domain. By making Pneumococcal Conjugate Vaccine (PCV) obtainable under the Universal immunization program (UIP), the government of India is guaranteeing reasonable access to those who need them the most-the disadvantaged and underserved. Hib is one of the principal cause of bacterial meningitis in India and a foremost cause of childhood pneumonia. The creation of LPV in India is a noteworthy milestone and a step forward towards quickening child survival in the region, and progress towards accomplishing national health goals and the Millennium Development Goal 4. In addition, the key players of this market in India are playing an important role by spreading awareness which proved to be beneficial for acquiring the huge market share and leading the fastest growth in the near future.

According to the report analysis, ‘India Conjugate Vaccine Market (2018-2023)’ states that some of the major key players which are recently functioning in this market more dominantly for attaining the highest market share by doing more innovation and developments include GlaxoSmithKline, Pfizer Inc., Merck & Co., Novartis, Sanofi Pasteur, CSL Limited,  Bharat Biotech, Biological E. Limited, Serum Institute of India and several others. In India, the market of conjugate vaccine is segmented on the disease indication which includes Haemophilus influenza type B, pneumococcal, diphtheria-tetanus-pertussis, meningococcal and several others. Whereas, based on the end user, the market is split into adult and pediatric. Furthermore, many of the focused key players are investing in the research and development programs which benefitted for leading the fastest growth in India in the forecasted period.

India is projected to be the fastest growing market for the conjugate vaccines in the near future. Speedily growing population, growth in consumer awareness, rising disposable income and increased expenditure on healthcare, modernization of healthcare infrastructure and a rising medical tourism market will operate the Indian market growth. Moreover, the conjugate vaccine market in India is predicted to have significant extensive growth. Overdue overview of conjugate vaccines is likely to hold back the conjugate vaccine market. Though the commonness of chronic diseases is high, limited convenience and availability of conjugate vaccines in inaccessible areas can become a cause for concern. Complicated manufacturing can also be a major restraint for this market. Whereas, many of the key players are performing gently for removing the restraints by adopting the effective strategies and policies. Therefore, in the coming years, it is expected that the market of conjugate vaccine in India will increase more actively over the recent few years with the effective investment by the new entrants.

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Effective Landscape Of The 5g In United States Market Outlook: Ken Research

According to the report analysis, ‘United States 5G Market (2018-2025)’ states that some of the major key players which are presently functioning in this market more actively for dominating the huge market share by accomplishing the growing demand of potential users of 5G includes AT&T, Verizon Communications, Comcast, T-Mobile USA, Sprint Corporation and several others. Moreover, the 5G market in United States (U.S.) is expected to show a double-digit growth rate during the anticipated period. The U.S. was the first country to establish commercial 5G services. By the end of 2018, numerous telecom companies in the U.S. are scheduling to introduce 5G wireless services across the country. The key players of this market in U.S. are adopting the effective market strategies for acquiring the huge market share across the globe and doing more innovation and developments for leading the fastest market growth in the reviewed period.

The communication market of United States has grown more significantly with the introduction of 5G. 5G refers to the fifth generation of mobile technology which is predicted to gather the huge demand in the near future and serve the business frameworks needed by and beyond 2020. Moreover, for operating a connected society, 5G wireless technology will bring about socio-economic conversions with the efficiency, well-being and sustainability. Furthermore, the U.S. is anticipated to get hold an efficient market share as the advent of 5G is predicted to bring about enormous diversification in the U.S., technology, media, and telecom industries in the country. The U.S. government is progressing with new spectrum allocations to support 5G market. The key players of this market are playing an important role by doing significant developments in the technology of 5G for dominating the huge market share which will further become profitable and lead to the fastest growth during the reviewed period.

The U.S. 5G market is categorized into SIM cellular connections and SIM M2M cellular connections. This is further distributed into data per user, and 5G data traffic for each groupings. In the U.S., SIM cellular connections hold the extreme market share, whereas SIM M2M cellular connections are estimated to show great growth. However unsurprisingly, mobile 5G seems to be the next big thing in the global digital connectivity ecosystem. The growth of revenue in the U.S. region has been tougher than any of the other established markets. The trend of 5G has been motivated primarily by advanced usage of both voice and messaging services, as well as, a more recent rising consumer engagement, resulting in higher levels of data usage. Whereas, an extensive challenge that the U.S. 5G market will face is stiff price competition. For instance, unremitting investment on fiber infrastructure and 4G network development is generating a solid foundation for 5G deployment. As the U.S. is foremost in digitization of businesses, it is predicted to generate a favorable environment to discover revenue opportunities. Therefore, in the coming years it is expected that the market of 5G in U.S. will grow positively over the recent few years.

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Growing Landscape Of The South Korea 5g Market Outlook: Ken Research

According to the report analysis, ‘South Korea 5G Market (2018-2025)’ states that some of the major key players are recently functioning in this market for attaining the highest market share by doing an attractive developments includes SK Telecom, KT, LGU+ and several others. Moreover, it is expected that the 5G market in South Korea show a triple-digit growth rate throughout the forecasted period. Furthermore, the several key players are dominating the market by adopting the effective market strategies and policies which further proved to be beneficial for leading the highest market growth during the reviewed period. By 2020, it is anticipated that the penetration rate of 5G will be 5% and subscriber would upsurge from 30% in 2020 to 90% in 2026 out of the total mobile subscribers.

The technology of 5G is newly updated and introduced in the market of South Korea which has grown more actively whereas, the 5G technology refers to the fifth generation of mobile technology which made the communication more attractive and fruitful for both the sender and receiver. In addition, it is predicted to gather the need and provide the business frameworks needed by and beyond 2020. Additionally, to operate the connected society, 5G wireless technology will result about socio-economic diversifications with the sustainability, productivity and well-being. Not only has this, the legal authorities in the country focuses to organize commercial 5G network facilities by the second half of 2019. Furthermore, the time passes, the populace of South Korea is shifting more actively towards the 5G therefore, the South Korea plans to frame 5G network at very highly reputed region to save the money and time. The key players of this market in South Korea are playing an important role by doing an effective developments in the technology of 5G for dominating the growing requirement of potential buyers for leading the fastest market growth in the forecasted period.

By 2018, the operating companies of South Korea network plan to invest USD 9.36 Billion on 5G. The top three South Korean telecom companies will begin commercial functions on 5G by 2019 and shape nationwide 5G infrastructure by 2020. For instance, South Korea faces growth challenges, such as regulatory pressures, and new operator launches. Meanwhile, the major growth factors enhance the dynamic of South Korea 5G market which continue the evolution towards heightened bandwidth, lower latency, improved the security and openness of mobile networks. Therefore, the market of South Korea will grow in the near future more significantly.

The 5G market of South Korea is categorized into SIM cellular connections and SIM M2M cellular connections. These are further split into data per user, and 5G data traffic for each classifications. In South Korea, SIM cellular connections grasp the mainstream of the market share, whereas SIM M2M cellular connections are predicted to increase at a growing rate. Therefore, in the coming years, it is expected that the market of 5G in South Korea will grow more significantly over the recent few years with the effective investment by the new entrants. 

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Significant Usage of Advanced Driver Assistance Systems in African Car Market Outlook: Ken Research

However unsurprisingly, the recent scenario of automotive and automotive components market in Africa and recent development in the advanced driver assistance systems represent an effective growth in the present trend. Whereas, advanced driver assistance systems are an effective systems which developed to automate, improve the system of vehicle for better driving and safety. Moreover, the safety advantages are structured to avoid the collisions and accidents by serving attractive technologies that safeguard and alert the driver to potential problems. In other words, ADAS are those systems which actively support, substitute or complement the driver of the respective vehicle. These systems are the foundation of next-generation automotive electronic safety systems and autonomous cars and leading the way to autonomous vehicles. Not only has this, these systems are having effective classification and applications which lead the market growth in the near future more significantly which further become beneficial for the acquiring the handsome amount of share by the focused key players in Africa.

According to the report analysis, ‘Middle East and Africa Advanced Driver Assistance Systems (ADAS) Market (2018-2023)’ states that there are several key player which are presently functioning in this market more significantly for leading the highest market share in Africa by doing attractive developments in the technology for safeguarding the driver potential more actively includes Autoliv Inc., Bosch, Ford Motor Company, BMW AG, Mobileye and several others. Additionally, The Middle East and Africa ADAS market is expected to reach USD 3.17 Billion by 2023 with a CAGR of 23.3% during 2018-2023. Whereas, the legal authorities of South Africa identifies the automotive industry to be a key growth segment. Other foremost markets in the MEA region involve the UAE and Saudi Arabia. The UAE is projected to present the huge CAGR in the Middle East and Africa region during the forecast period.

In addition, in Africa the market is categorized into three principal segments based on vehicle, sensor and component. While, based on vehicle, the market is split into passenger and commercial vehicles. Moreover, basis on the sensors, the market is split into image, radar, lidar and other sensors (ultrasonic, infrared and laser sensors). On the basis of countries, with the effective applications and classifications the market of these systems is segmented into UAE, Saudi Arabia and Rest of Middle East and Africa (MEA). The key players of this market are working in an enormous manner for removing those factors and challenges which hinder the market growth such as recently significant increase in the incidences of software failures in sensor coupled with the huge cost of these systems that have acted as main restraining factors for the huge accessibility of these system. Moreover, the growing dissemination of vehicle ownership in this region is anticipated to operate the automotive market, subsequently driving the ADAS market. The prominent Original Equipment Manufacturers (OEMs) in the MEA region are BMW and Toyota, and their attendance in the luxury vehicle sector is going to navigate the demand for the ADAS market in South Africa and the Middle East. Hence, in the near future, it is projected that the market of advanced driver assistance systems in Africa will grow more positively over the recent few years.

For more information, click on the link below:

https://www.kenresearch.com/automotive-transportation-and-warehousing/automotive-and-automotive-components/africa-advanced-driver/172108-100.html

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Ken Research

Ankur Gupta, Head Marketing & Communications

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Kuwait Plastic Pipes and Fittings Market Outlook to 2022: Ken Research

The report titled “Kuwait Plastic Pipes and Fittings Market Outlook to 2022 - By Type of Pipes (UPVC, PVC and CPVC, PE and Others) and Type of End Use Applications (Irrigation, Water Supply and Sewage, Plumbing, Chemical and Oil and Others)” provides Kuwait plastic pipes and fittings market overview, value chain, manufacturing process and ecosystem in Kuwait. The report covers aspects such as plastic pipe market segmentation by type of pipes (UPVC, PE, CPVC, PP and others), by end user applications (water supply and sewage, plumbing, irrigation, chemical & oil and others), by market structure (organized and unorganized) and by domestic manufacturing and import.. The report also covers factors affecting pricing, common manufacturing standards, buying decision parameters, issues and challenges, growth drivers, Porter’s five force analysis and import and export scenario along with competition landscape (competition stage, company position and parameters of competition) and major plastic pipes and fittings manufacturers in Kuwait (Aladasani Ent. Kuwait, National Industries Company, Khorafi Plastic Industries Co., Kuwait International Advanced Industries, Sulaiman Alqudaibi Co and CapTec PVC & PPR Factory). The report concludes with market projection for future and analyst recommendations highlighting the major opportunities and cautions. The report is useful for manufacturers of plastic pipes and fittings and PVC, plastic resins to align their market centric strategies according to ongoing and expected trends in the future.

Kuwait Plastic Pipes and Fittings Market Size

The Kuwait plastic pipe industry is at a growing stage with a steady growth rate. The market has witnessed growth in revenue year on year with positive CAGR in last five years (2012-2017). Construction sector has been the major growth driver for the market in Kuwait. Concentration of population in governorates like Hawalli, Al-Farwania and Al-Ahmadi has led to the highest demand for plastic pipes and fittings coming from these regions. In past few years, these regions have witnessed significant growth in construction of residential housing and commercial real estate. The demand for pipes and fittings in these areas is mainly for water supply, sewage and plumbing applications.  The government under the Kuwait Development Plan (KDP) 2015-2020 has aimed for certain specific economic and social goal. The government intends to reduce its dependence on oil and diversify the economy. To achieve these goals, it has outlined several infrastructural projects for development of numerous industries.

Kuwait Plastic Pipes and Fittings Market Segmentation

The plastic pipe and fittings market in Kuwait is dominated by the demand for uPVC pipe, followed by PE, CPVC, PP and other type of plastic pipes respectively. uPVC pipes have high demand in the Kuwaiti market owing to the growth of the construction sector in the country. The residential housing and commercial real estate sector has grown with a steady pace in Kuwait. In construction sector, pipes mainly have applications in water supply, sewage and plumbing. PE pipes in Kuwait mainly have their applications in oil and gas, chemical and manufacturing sector. The demand of plastic pipes for hydroponic irrigation is also gradually increasing in the country. A number of companies with their greenhouse and hydroponic farms have come up in the past few years.

Competition Landscape

The Kuwaiti plastic pipe and fittings market is largely concentrated with presence of around 15-20 organized players in the market. The market is dominated by the organized sector, however there is also presence of small manufacturers that manufacture only a single product and traders that deal in import of plastic pipes in the country. There exists high competition between the organized players for contracts and tenders issued by government department and big construction companies. Major Pipe manufacturers include Aladasani Ent. Kuwait, National Industries Company, Khorafi Plastic Industries Co., Kuwait International Advanced Industries, Sulaiman Alqudaibi Co and CapTec PVC & PPR Factory.

Kuwait Plastic Pipes and Fittings Market Future Projections

The Kuwaiti plastic pipe market is expected to grow with a positive CAGR from 2018-2022. Majority of the demand is likely to come from water supply, sewage, plumbing and oil and gas applications. Demand from governorates like Hawalli, Al Farwania, and Al Ahmadi will dominate the Kuwaiti plastic pipe market owing to the concentration of population in these regions. Under the New Kuwait initiative the government will introduce several infrastructural development projects. Projects have been initiated by the government for development of rail, sea port and airport infrastructure. As a result the market for pipes and fittings market is also likely to witness significant growth in the near future. Under the Public Private Partnership (PPP) the government is encouraging private investments into various projects in the country. All these steps towards the development of various sectors will directly or indirectly help the plastic pipe and fittings industry to grow as well.

Key Segments Covered:-

By Type of Pipe

uPVC

PE

CPVC

PP

Others (PP, ABS, PVDF, PB and others)

By Type of Market Structure

Organized Market

Unorganized Market

By Type of End User Application

Water Supply and Sewage

Plumbing

Industrial

Irrigation

Others (Cable Protection- Telecom, power and electrical, Healthcare, HVAC and other Industries)

By Domestic Manufacturing and Imports:-

Major Companies Covered:-

Aladasani Ent. Kuwait, National Industries Company, Khorafi Plastic Industries Co., Kuwait International Advanced Industries, Sulaiman Alqudaibi Co and CapTec PVC & PPR Factory

Key Topics Covered in the Report:-

Introduction on Kuwait Plastic Pipes and Fittings Market

Value Chain

Manufacturing Process

Stakeholders in the Market

Market Size by revenue (2012-2017)

Market Segmentation on the Basis of Types of Pipes, Type of Market Structure, Type of End User Application

Factors Determining Prices of the Product

Competitive Landscape in the Industry

Shares and Company Profiles of Major Players in the Market

Common Manufacturing Standards Used

Growth Drivers

Issues and Challenges

Porter Five Forces Analysis

Future Outlook for the market (2018-2022) including estimated market size in terms of revenue, market segmentation on the basis of type of pipes, type of market structure and type of end user application for the period

Snapshot on Middle East Plastic Pipes and Fittings market including market size by revenue (2012- 2017), market segmentation on the basis of types of pipes, type if market structure, type of source and type of end user application

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

https://www.kenresearch.com/manufacturing-and-construction/machinery-and-parts/kuwait-plastic-pipes-fittings-market/175022-97.html

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https://www.kenresearch.com/manufacturing-and-construction/machinery-and-parts/india-pvc-pipes-fittings-market-research-report/561-97.html

https://www.kenresearch.com/manufacturing-and-construction/machinery-and-parts/uk-pvc-pipe-market/142295-97.html

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