Australia Mattress Market Outlook to 2023: Ken Research

Buy Now

The report titled “Australia Mattress Market Outlook to 2023 - By Size (King, Queen, Double, Single), By Type (spring – Pocket and Inner Spring, Foam & Latex and Others), By Distribution Channel (Retail and Direct), By Price (Mass, Economy, and Premium), By Organized and Unorganized Segment” provides a comprehensive analysis of the Mattress market in Australia. The report covers various aspects including introduction, pricing analysis, market overview and genesis, trade scenario, trends and developments, issues and challenges, decision-making criteria, competitive landscape, and government regulations. The report concludes with future market projection and analyst recommendations highlighting the major opportunities and cautions.

Market Overview

Australia the mattress market is at the later growth stage. Australia Mattress industry revenue has increased at a positive single digit CAGR during the period FY’2013-FY’2018. The market is gradually surging with more number of Hotel rooms, increasing the number of hospital beds as well as a number of residential apartments coming up in the country. The customers in the market are looking for comfort and customization at an affordable price. The customers highly price sensitive and high bargaining power due to the presence of many mattress players in Australia.

The Australia mattress market is mostly being dominated by the spring mattress due to a reasonable price range as well as comfort. Luxury hotels and other premium guest houses opt for foam and latex mattresses produced mostly in king size. Increase in Tourism and growing attention towards back problems and spine problems have led to an increase in the sales of customized mattresses.

Australia Mattress Market Segmentation

By Size of Mattress: The the mattress market is dominated by the king and super king size mattress in terms of generating revenue in FY'2018. The increase in the number of Hotels in Australia is one of the major reasons for the increase in demand for a king and super king size mattress. Second highest market share by revenue is accounted for by queen size mattress whereas double and single size mattresses hold the third and fourth highest market share by revenue in Australia mattress market.

By Type of Mattress: Spring mattress dominated the mattress market and contributed a major share in terms of generating revenues in FY’2018. Spring mattresses are the most common mattresses purchased in Australia as they are firm and provide good back support as well as does not cause a disturbance at night due to the movement of the partner. Other mattresses such as air mattresses, waterbeds and bed heads accounted second highest market share, whereas Foam & Latex mattresses accounted for a mere revenue share in FY’2018.

By Type of Spring Mattress: The major share by type of spring mattress is held by pocket spring mattresses due to its higher spring count and a number of individual springs. This makes the mattress more comfortable and better for sleep. Innerspring mattresses hold the second highest market share. These mattresses are firm and have a complete steel coil support system making it a little hard.

By Type of Distribution Channel: The mattress market in Australia in FY’2018 was dominated by the retail sector. People prefer to choose amongst price, comfort, quality, and style of the mattress according to their preference and a retail store allows the consumer to choose amongst these options. The direct channel has accounted second highest market share as the direct market usually caters to hotels, hostels, and hospitals who buy mattresses in bulk.

By Price Segment: Mass-market had the largest share by revenue in FY’2018 as the prices of mattresses in this category are lower when compared to the economy and premium range, mass mattresses are used mostly in hospitals as well as hostels and smaller hotels. The economy market has the second largest market share in terms of revenue. Most of the mattresses purchased by homeowners belong to this category. Premium mattress market had the third largest share in FY’2018.

By Market Structure: Australia The mattress market is largely dominated by the organized market owing to the significant presence of the local and the international players.

By Type of manufacturing: Most of the mattresses which are sold in Australia are manufactured locally in the country. Imports accounted for a mere share in the Australia mattress market.

Competitive Landscape

The Australia mattress market is concentrated. The market has numerous players operating in the market. The major players in the market are Sealy, Comfort Group, Makin Mattress, Vanrest Beds Direct, Sleepeezee, Slumberest, Ergoflex, Sleep Republic, Sleeping Duck, Koala, AH Beard, Greywing and Ecosa. These players compete on the basis of Price, Quality, after sale service, customization and Brand value.

Australia Mattress market Future Outlook

Australia mattress market in terms of revenue will increase at a positive single digit CAGR during the period FY’2018 – FY’2023E. The demand for mattresses will be further augmented with the growth in the Hotel rooms. Increasing demand from hospitals is likely to drive future demand for mattresses with companies adopting pocket springs as well as foam and Latex mattresses for customers that prefer mattresses to support their back and have qualities for better sleep.

Key Segments Covered:-

By Size of Mattress

King and Super King size

Queen size

Double size

Single size

By Type of Mattress

Spring

Foam and Latex

Others

By Type of Spring Mattress

Pocket Spring

Inner Spring

By Distribution Channel

Retail

Direct

By Price Segment

Mass

Economy

Premium

By Market Structure

Organized

Unorganized

By Type of Manufacturing

Domestic Manufacturing

Imports

Key Target Audience

Mattress Fabric Ticking Companies

International Manufacturers

Mattress Retailers

Private Equity Investors

Online Portals

Time Period Captured in the Report:-

Historical Period: FY’2013-FY’2018

Forecast Period: FY’2019-FY’2023

Companies Covered:-

Dyer Holdings Pty Ltd (Sealy)

A H Beard Holdings Pty Ltd

Australia Comfort Group Holdings Pty Ltd.

Fantastic Holdings Limited

Makin Mattresses Pty Ltd

Sleepeezee Bedding Australia

Regal Sleep Solutions

Vanrest Beds Direct

Slumberest Pty Ltd

Koala

Onebed

Ergoflex

Ecosa

Greywing

Sleep Republic

Sleeping Duck

Sommuto

Key Topics Covered in the Report:-

Executive Summary

Research Methodology

Australia Mattress Market Value Chain Analysis

Australia Mattress Market Size by Revenue (FY’2013-FY’2018)

Australia Mattress Market Segmentation (FY’2018)

Australia Mattress Market Segmentation by Size of Mattress (King size, Queen Size, Double size, and single size)

Australia Mattress Market Segmentation by type of Mattress (spring, Latex and Foam, and others)

Australia Mattress Market Segmentation by type of spring (Pocket spring and Innerspring)

Australia Mattress market Segmentation by Distribution channel (Retail and Direct)

Australia Mattress market Segmentation by type of organized market (Mass, Economy, and Premium)

Australia Mattress market Segmentation by Market Structure (Organized and Unorganized)

Australia Mattress market Segmentation by type of manufacturing (Domestic and Imports)

Australia Mattress market Trade Scenario

Australia Mattress market Decision-Making Process

Australia Mattress market Trends and Developments

Issues and Challenges in Australia Mattress Market

Porters Five Forces Analysis

Competitive Landscape of Major players in Australia Mattress market

Australia Mattress Market Future Outlook and Projections

Analyst Recommendation in Australia Mattress Market

For More Information, Refer To Below Link:-
Australia Mattress Market Outlook

Related Reports By Ken Research:-

Indonesia Mattress Market By Type (Spring, Latex, Hybrid, Foam), Size (King, Queen, Single Size), By End Users (Residential, Non-Residential) And Region - Outlook To 2021

Vietnam Mattress Market By Type (Spring, Latex, Hybrid, Foam), Size (King, Queen, Single Size), By End Users (Residential And Non-Residential) And Region - Outlook To 2021

Philippines Mattress Market Outlook To 2021- Growing And Expanding Healthcare And Hospitality Sector To Augment Market Growth

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

+91-9015378249

To Drive Worldwide Cloud Automation Market over the Forecast Period: Ken Research

Buy Now

Cloud automation is a term that assigns to processes & tools with an association uses to decrease the manual efforts allied with provisioning & managing cloud computing workloads. It is an enormous way to accelerate software expansion & enable DevOps implementation. It exploits cloud-based tools applied to both cloud-native and legacy applications. The cloud automation services often involves repetitive tasks, for instance provisioning, sizing, and configuring resources like virtual machines (VMs). The major implementation in business associated with the cloud automation market helps to reduce the deployment, improves production activities, reduce the manual configuration, match demands and business agility & performance. Some of the other major benefits include time & cost effective, various environments & platform support, easy access to resources, real time collaboration and test environment compatibility.

According to study, “WORLDWIDE CLOUD AUTOMATION MARKET-By Services (Strategic Advisory & Consulting Service, Management & Maintenance Service, and Implementation Service), By Solutions (Automated Cloud Dev/Test, Automated Cloud Migration, and Automated Cloud Recovery), By Verticals (BFSI, Manufacturing, Retail, Telecom, Energy & Utilities, and Transportation), By Regions,Drivers, Opportunities, Trends, and Forecasts, 2016-2022” the major companies currently operating in the worldwide cloud automation market are VMware Inc., Amazon.com, Computer Sciences Corp (CSC), Google Inc, EMC Corp., Microsoft Corporation, Hewlett-Packard (HP) Inc, Oracle Corporation, Flexiant Ltd., Cisco Systems Inc, LogicWorks, Parallels, Skydera Inc., Dell Inc., Citrix Systems Inc, Cloud Velox, Opex Software, Clous Automation Solutions.

Based on deployment model, worldwide cloud automation market is bifurcated into public deployment model, private deployment model and hybrid deployment model. Public cloud persists to witnesses a considerable growth. Based on services, market is segmented into management & maintenance service, advisory & consulting service, and implementation service. Based on the solutions, market is segmented into automated cloud dev/test, automated cloud recovery and automated cloud migration. Based on the tools, market is segmented into cloud formation, Habitat, Docker, Terraform and others. Based on the vertical industry, market is bifurcated into BFSI, energy & utilities, retail, manufacturing, telecom, and transportation.

The worldwide cloud automation market is primarily driven by the rise in adoption of cloud technology followed by rise in adoption of Internet of Things (IoT) technology, growing demand for hybrid cloud, increasing focus on life cycle management and effective load balancing. Apart from the profits the key restraint associated with the market include privacy & security challenges, followed by vendors locking. In addition, the market growth is supported by the new opportunities with the strategic partnerships in the cloud environments and hybrid cloud in demand over the coming years.

North America is set to be the foremost region followed by Asia Pacific and Western Europe. In Asia Pacific, China, Singapore, and India together hold above 60% of the market share. Globally, many of the organizations are moving towards the implementation of several cloud deployment model in their business. Worldwide cloud automation market to develop at a CAGR of 25.9% above the period 2016–2022 to cumulative US $73.36 billion, by 2022. In upcoming years, it is expected that this market will be developed rapid due to growing adoption rate of smart technologies in enterprises.

To know more, click on the link below:-

Worldwide Cloud Automation Market

Contact Us:-

Ken Research

Ankur Gupta, Head Marketing & Communications

Sales@kenresearch.com

+91-9015378249

Significant Working Of The Tech Companies In The Global Smart Home Security And Safety Market Outlook: Ken Research

Buy Now

In the recent past years, the tech companies are evolved and showcasing their significant interest in enhancing the latest home security gadgets and devices for many coming decades. If you have a look in the recent 5-10 years the advanced technology has risen more effectively and the home security system has transformed new devices which can safeguard the homeowners from the external terrorizations. The installation of advanced technology has transformed the home security and automated. In the current years, the task or human based work can be done spontaneously which utilized to done physically by the person. Many of the homeowners are efficiently based on the home security technology and devices for the relaxation of mind and the well being of home. Hence, the market of smart home security and safety systems is growing more positively around the globe throughout the forecasted period.

Although, if you have a look on the criminal records, the home lacking of the security systems is more likely to be theft. The ultimatum of the home security device augmented so the technology associations now exasperating to improve the budget-friendly home security devices. According to the report analysis, ‘Global Smart Home Security & Safety Systems Market by Component, Product, Service, Application, and Region 2014-2025: Growth Opportunity and Business Strategy’ states that there are several key players which are presently functioning in this sector more actively for leading the fastest market growth and dominating the handsome value of market share around the globe more positively in during the short span of time includes ADT, Alphabet, Amazon, Apple, Comcast, FrontPoint Security Solutions, Hangzhou Hikvision Digital Technology, Honeywell International Inc., LiveWatch Security, NETGEAR, Ring, Robert Bosch GmbH, Samsung Electronics, SimpliSafe, SkyBell Technologies, Vivint Smart Home and several others.

Not only has this, many of the potential players in this market are effectively working on the traditional home security systems as the earlier technologies was not much reliable and efficient as they should be at a very reasonable price for increasing the demand and generating the high value of revenue in the short span of time.

Additionally, with the significant growth in the urbanization and employment, it is anticipated that there will be increase in the cyber threats. Furthermore, as the security system will be increasing speedily there will be some other security perils in the coming years. According to such, there will be a wide rise in the home security deployment. Not only has this, as the artificial intelligence technology augmenting to a new level the security confirmation and authentication will transform from the tradition to the new method namely face recognition and several others. The tech associations can also take the advantages of the video camera and several other security devices to establish the new home security.

Nonetheless, in the coming years, it is anticipated that the market of smart home security and safety systems will increase around the globe more positively as the tech companies have attained some extraordinary milestone in the field of the home security systems which in future will be provide better security to the users ever before.

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

Global Smart Home Security and Safety Systems Market

Related reports

North America Smart Home Security & Safety Systems Market by Component, Product, Service, Application, and Country 2014-2025: Growth Opportunity and Business Strategy

Europe Smart Home Security & Safety Systems Market by Component, Product, Service, Application, and Country 2014-2025: Growth Opportunity and Business Strategy

Contact Us:-

Ken Research

Ankur Gupta, Head Marketing & Communications

sales@kenresearch.com

+91-9015378249

Saudi Arabia Car Rental and Leasing Market is Driven by Growing GDP, Employment Rate & Expanding End User Industries: Ken Research Analysis

“Rising number of establishments, increasing GDP of the country, growing employment rate in Saudi Arabia, increasing size of end user industries and rising tourism will be the key factors driving growth in Saudi Arabia Car Rental and Leasing Market”

Growing Employment: The increasing employment opportunity in Saudi Arabia is influencing positively the standard of living and purchasing power of Saudis. High purchasing power enables them to afford their preferable car brands on lease and on rental. This further supports the demand for car rental and leasing service in the country. After the implementation of Saudization in the country, the employment rate of Saudi nationals has immensely improved in the country. In terms of individual demand, Sedan and SUV are the most preferable category and thus the demand for Sedan in rental segment and SUV in leasing segment has rapidly grown between the years 2013-2018.

Increasing Number of Establishments: Corporate are the major end users of car rental and leasing service. Thus, the growing number of establishments in the country has increased the demand for rental and leasing services in the country. The increase in number of construction and oil & gas  projects have also propelled the demand for rental & leasing service in terms of logistics transportation , employee mobility and business visitors. In terms of leasing service, contracts with duration of 4 years are preferred by corporate owing to the long term projects of industries and are considered as a value for money option. As most of the new establishments are located in eastern provinces mainly in Dammam, Al- Khobar & Jubail, hence the demand for car rental & leasing is highest in these cities.

Tourism Industry: The demand for the car rental in Saudi Arabia has enhanced in the past few years with the rise in tourist arrivals for leisure and pilgrim. Saudi Arabia has been observed as catering to millions of pilgrims visiting Hajj and Umrah especially during Eid Al- Fitr and Eid Al- Adha for leisure travels across the Middle East region each year. The tourism industry of Saudi Arabia each year witnessed a new record with the surge in pilgrim visitors. The tourism industry in Saudi accounted for 9.4% of the total GDP of Saudi in 2017. The foreign visitors accounted for 17.7 million in 2018 which is expected to grow by 5.6% each year.

Analysts at Ken Research in their latest publication “Saudi Arabia Car Rental and Leasing Market Outlook to 2023- By Business Model (Car Leasing and Car Rental), By Fleet Type (Small Category, Medium Category, SUV, Premium/Luxury) and By End Users (Logistics, FMCG, Oil & Gas, Construction, Government and Others)” believes that an increase in the number of establishment, growing tourist arrivals and growth in end user sectors such as construction, logistics and oil and gas would surge the overall demand for car rental and leasing service in the market. The market has witnessed a positive CAGR of close to 11.4% in terms of revenue from leasing segment and 12.5% in terms of fleet size while rental service witnessed a positive CAGR of close to 4.6% in terms of fleet size, during the review period 2013-2018.

Key Segments Covered in Saudi Arabia Car Rental & Leasing Market

By Car Dealers & Car Rental Companies (On the basis of fleet size)

Car Dealers

Car Rental Companies

By Type of vehicle (On the basis of fleet size)

SUV with or without luggage and pickup & cargo cars

Medium category

Small category

Premium/ Luxury

By Duration (On the basis of fleet size)

1-2 years

More than 2 years but less than 4 years

4 years

More than 4 years

By Region (On the basis of fleet size)

Central

Western

Eastern

Southern

Northern

By End User (On the basis of fleet size)

Logistics

FMCG & e-commerce

Oil & Gas

Construction

Government& semi- government offices

Other Industries

By User (On the basis of fleet size)

Corporate

Individual

By On Airport & off Airport (On the basis of revenue)

On Airport

Off Airport

Time Period Captured in the Report:

Historical Period: 2013-2018

Forecast Period: 2019-2023

Key Target Audience

Car Rental Companies

Car Dealers

End User Industries

Individuals

Companies Covered:

United International Transportation Company (Budget)

Hanco rent a car

Best rent a car

Theeb rent a car

Al Wefaq rent a car

Hertz rent a car

Avis rent a car

Autoworld rent a car

Samara rent a car

Al Tayyar rent a car

Key rent a car

Ford Aljazerah

Al Jomaih

Universal Motors

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

Saudi Arabia Car Rental and Leasing Market Outlook to 2023

Related Reports

Car Rentals (Self Drive) Market in the United Arab Emirates to 2022

South Africa Car Rental and Leasing Market Projections to 2023

Kuwait Vehicle Leasing Market Outlook to 2023

Car Rentals (Self Drive) Market in Thailand to 2022

Car Rentals (Self Drive) Market in Spain to 2022

Contact Us:

Ken Research

Ankur Gupta, Head Marketing & Communications

sales@kenresearch.com

+91-9015378249

Global Carbonated Beverage Market Outlook: Ken Research

Buy Now

Carbonated drinks are those drinks that fizz due to carbon dioxide gas that is filled in it. This process where the gas dissolves in the drink is called carbonation. This process can sometimes occur naturally as in the case of carbonated mineral water which absorbs carbon dioxide from the ground. In the mad – made processes, like soda waters and soft drinks, they are artificially infused into the drinks at high pressures. The purpose of carbonation is to gives a bite to the flavour and the acid gives the tingling sensation.

According to the Research Report “Global Carbonated Beverage Market (2018 – 2023)” gives a detailed analysis of the global market for the carbonated beverage market.  The report contains an in-depth analysis of the vendor’s profile, which includes financial health, business units, key business priorities, SWOT, strategies, and views; and competitive landscape. The leading players in the market include The Coca-Cola Company, PepsiCo Inc., Dr Pepper Snapple, Cott Corporation, Asahi Soft Drinks, National Beverage Corp., F&N Foods, Britvic PLC and ParleAgro.

The market continues to be dominated by PepsiCo and Coca Cola. Their consistent success is due to their long going brand legacies founded on emotional advertising and cultural marketing. The industry as a whole is undergoing major innovations in terms of packaging, cost effectiveness and product deliveries. The major challenge the industry faces are the health risks attached to these drinks coupled with the rise of health-conscious consumers. Due to high child obesity, there is a major shift in the consumer preferences from high – sugar carbonated drinks to a healthier, sugar – free alternative. As a result of this, the sports drink market has emerged as a major rivalry for these firms. Many brands are establishing their competitive advantage through packaging. Major challenges also include governmental initiatives by passing sugar taxes and new regulations like labelling ‘high sugar content’ on these products.

Despite these factors, the market is growing mainly due to reduced costs. Many brands are also increasingly focusing on sustainability as an important agenda. The future of the industry looks bright and optimistic in terms of product innovation. New flavour derivatives, sugar – free and healthier alternatives are likely to be expected.  Since consumers are becoming conscious health-wise, they are also expecting experience and indulgence with these beverages and the brands are working towards balancing these two. Region-wise, North America leads the market followed by Europe.

To Know More, Click On The Link Below:-

Global Carbonated Beverage Market

Related Report:-

Global Carbonated Beverages Market 2018 by Manufacturers, Regions, Type and Application, Forecast to 2023

Contact Us:-

Ken Research

Ankur Gupta, Head Marketing & Communications

Sales@kenresearch.com

+91-9015378249

To Drive the Customer Intelligence Market over the Forecast Period: Ken Research

Buy Now

Customer intelligence (CI) is the procedure of analyzing & accumulating information about consumers or their activities. It is a technology associated with understanding of customer experience and their insights. It also provides organizations with economically accountable sight of their customer information. It aids the organizations in understanding to their top consumers with their improved economic performance. Most businesses used CI tools to understand the processes associated with what their consumers are doing & why. It is a key component of efficient customer relationship management (CRM). There are many sources of records for customer intelligence for instance the frontline data capture and speech analytics. Frontline data capture is a part of a CRM software solutions. The speech analytics is used to examine the telephone conversations between the company & its customers.

Major capabilities of CI solution include decision management, predictive analytics, real-time scoring, cross-campaign optimization, customer engagement and customer lifetime value segmentation.

According to study, “Customer Intelligence Market, Solutions [Web Analytics, Social Media Analytics, Voice Analytics, Mobile Analytics], Services, Deployment, Industry Verticals, Regions, and Vendor Profiling - Global Market Drivers, Opportunities, Trends, and Forecasts, 2015-2020” some of the major companies currently operating in the customer intelligence market are SAS Institute Inc., Qlik International AB, Open Text Corporation, Tableau Software, Verint Systems, Information Builders Inc., FICO, IBM Corp., Angoss Software Corp, ORACLE Corp., SAP SE, Microsoft Corporation. These companies with the elevated proportion of satisfied consumers have grown more profitably & faster than the average.

Based on product, customer intelligence market is segmented into services and solutions. Based on services, the market is segmented into integration services, consulting services and maintenance services. Based on solutions, market is segmented into social medial analytics, mobile analytics, web analytics and voice analytics. Based on deployment, market is classified into on-premise deployment and on-cloud deployment. Addition, based on vertical, market is defines as BFSI, telecom, manufacturing, retail, media & entertainment, healthcare & life sciences, utilities and travel & tourisms etc. Retail & telecom segment are the major end-user of the CI solution as they invest major share in understanding their consumers.

The customer intelligence market is primarily driven by social media revolution, followed by customer centric market and identifying market trends. Apart from the major benefits, few of the market restraints include delay over realization of ROI, lack of professionals using new and advanced technology & need of the detailed customer data and lack of in house expertise. In addition, some of the other new opportunities in the market include cross sell & up sell, exploring into new markets and market optimization.

The global customer intelligence market is expected to reach US $4,892.0 million, by 2020. The solution segment is probable to grow at a CAGR of 17.6% while the services segment is estimated to grow at a CAGR of 27.0%. In addition, healthcare & life sciences vertical segment is likely to grow at a CAGR of 35.4 % and is the top growing vertical among other verticals throughout the period of 2015-2020. North American region is expected to be most developed market due to the extensive infrastructure and the vendors investing in the market.

To know more, click on the link below:-

Global Customer Intelligence Market

Contact Us:-

Ken Research

Ankur Gupta, Head Marketing & Communications

Sales@kenresearch.com

+91-9015378249

Global Connected Logistics Market Outlook to 2024: Ken Research

Buy Now

With the growing market for RFID, connected logistics is expanding in its scope. The logistics market, where the speed in this industry transcends over any other, connected logistics is building competitive benefits. In the current world, getting the right product delivered at the right place at the right time in the right quantity with the right condition is a challenge and is often the competitive advantage.

According to the research report “Connected Logistics Market Forecast up to 2024” gives a detailed analysis of the global market for connected logistics. The report contains an in-depth analysis of vendor profiles, which include overviews and offerings, and competitive landscape. The integration capability of the connected logistics software will leverage the capabilities in connecting freight, warehouse, quality, and compliance. This market research report identifies many companies which include SAP, Infosys, IBM, Cisco, HCL Technologies, etc.

This can haphazardly be achieved with connected logistics powered by the Internet of Things. But the connected logistics market is not just about IoT but it is an integrated approach of the Internet of Everything, which includes services, the cloud, big data analysis, and other such technologies. Connected logistics can be studies in three segments – software services, IT services, and hardware devices. Software services include cloud and on-premise solutions. Trends show how there is a shift towards cloud computing and intelligent ERP, which are facilitated by software services. The hardware devices include RFID, sensors, network devices like routers, switches, and IoT devices. The IT services segment includes consultation and application management services, system integration services and so on. All of these together can manage the whole supply chain without any errors and improve precision.

A main driver in the market includes increased use of IoT and smart applications to manage temperature sensitive products and high rates of waste. Advanced communication systems are also helping corporations to advance their value chain. When it comes to sectors like perishables, the importance of connected logistics is remarkable due to high wastages which can be tackled effectively through technology. It is expected that the next generation of logistics, nicknamed as logistics 4.0, will generate value beyond question. Given that recently EU’s members adopted the General Data Protection Regulation (GDPR), it will also take into account cybersecurity and handling of such data at utmost importance.

The main sectors where maximum benefits are expected to be reaped are perishables, cold chains and equipment management. Integrating businesses with internet and using connected logistics might seem a little too intimidating and a big step for many corporations. The good news is that there is an insurmountable amount of data on the internet about IoT, AI, and blockchain to explain the basics and consultancy on the same.

To Know More, Click On The Link Below:-

Connected Logistics Market Forecast

Contact Us:-

Ken Research

Ankur Gupta, Head Marketing & Communications

Sales@kenresearch.com

+91-9015378249

The Increase in Adoption of Stair Lifts Disabled & Geriatric Patient Population Coupled with Medicaid & Private Insurance is Set to Drive Global Stair Lift Market Over the Forecast Period: Ken Research

Stair lifts are the mobility devices which are used by the aged and disabled people for the vertical mobility. The stair lift devices are the chair or platform devices which facilitates the traveling between the floors and the high-rise buildings efficiently. The carrier (chair or platform) is chosen based on the consumer necessity & feasibility of the installation. However, the installation itself is a vital part, which requires design considerations and handy calculations depending on the space availability. It finds its major application in hospitals & clinics, residential buildings and the commercial spaces for instance shopping malls and offices. The installation form associated with these places dependents upon the footfalls and the curvature of the stairs & the building architecture. The global stair devices are easy to operate and have many features such as flip-up rail, safety belt or harness, swivel seat, rechargeable batteries, limit sensors handheld controller, and call stations.

According to study, “Global Stair Lift Market Size study, by Application (Residential, Medicare Areas, Public Places), by Product (Straight Stair Lifts, Curved Stair Lifts) and Regional Forecasts 2018-2025” some of the other major companies that are currently operating in the global stair lift market are Access BDD, DID – Daido, Harmar Mobility LLC, MediTek, ThyssenKrupp AG, Otolift Stairlifts Ltd., Stannah, Handicare Group AB, Acorn, Savaria Corp., Lehner Lifttechnik GmbH, Prism U.K. Medical Limited, Bruno Independent Living Aids, Inc., HIRO LIFT (Hillenkötter + Ronsieck GmbH), SUGIYASU Co., Ltd., Kumalift Co., Ltd., Symax Lift (China) Co, Ltd., Taamal Seed Electra Group, Qingdao Sinofirst Machinery Co., Ltd., Gruppo Millepiani S.p.a, Platinum Stair Lifts Ltd.

Based on the rail orientation, global stair lift market is segmented into straight stair lifts and curved stair lifts. Based on installation, market is segmented into outdoor stair lifts and indoor stair lifts. Based on the user orientation, market is segmented into standing & perched stair lifts, seated stair lifts and integrated wheelchair platform stair lifts. Based on the mode of operation, market is segmented into battery mode and alternating current.

The global stair left market is primarily driven by the increased adoption of stair lifts disabled & geriatric patient population. The other key driving factors are include the Medicaid & private insurance enabling expenditure on stair lifts, financial assistance for stair lifts in home modification and inclination of aging & disabled population towards the active or the independent living. Apart from the key advantages, the other market restraint factors include high purchase, installation, & maintenance cost of the stair lifts, presence of less expensive alternatives to stair lifts, perceptual barriers deterring user experience etc. In addition to this some of the other new opportunities and trends includes the increased emphasis of government & private organizations for the productive or the active lifestyle for the disabled population, leading to the substantial growth in the second-hand market for stair lifts, the use of better knowledge and mobility of the equipment among the disabled & elderly population with the modularity, safety, or space optimization is expected to drive the product development of the market over the forecast period.

Asia-Pacific holds highest share of stair lift market owing to the increase in growth of the overall economy. Additionally, the North American region is anticipated to remain the second-highest share in the target market due to the increase in the incidence of fall injuries in the U.S. It is expected that the global stair lift market to reach at US $1228.43 million, by 2025.

For more information, click on the link below:

Global Stair Lift Market

Contact Us:                                     

Ken Research                                   

Ankur Gupta, Head Marketing & Communications

sales@kenresearch.com

+91 9015378249