Monday, October 14, 2019

Growth in Africa Freight Forwarding Market driven by Intra-regional trade, Infrastructural Development and New Logistic Hubs in countries: Ken Research

Analysts at Ken Research in their latest publication “Africa Freight Forwarding Market Outlook to 2023- By Mode of Freight (Road, Rail, Air, Sea and Pipeline), By End Users (Food and Beverages, FMCG, Industrial and others) and by Contract Logistics and Integrated Logistics” believe that the Freight Forwarding Market of Africa is at its growing stage. With a high, a number of landlocked countries focus should be on improving the intra-regional trade which would help the freight forwarding market of the continent to grow.
Africa Freight Forwarding Market
Development Projects: In Somalia a concession the agreement was signed between the authorities of Port of Berbera and DP world (international terminal operator) in late 2016. The project had two phases wherein the first focused on operational improvements and acquisition of terminal equipment while the second phase focused on the construction of a 400-meter quay wall with a 250,000 square meter container yard and an adjacent free-trade zone.
Intra Regional Trade: With the help of the African Continental Free Trade Area there comes to an establishment of a single continental market for goods and services which seeks to increase intra-African trade by cutting tariffs by 90% and harmonizing trading rules at a regional and continental level. If the trade agreement turns out to be successful the intra-African trade is expected to boost by 52.3% by 2022.
Focus on International Trade: For an import oriented country like Kenya, it is all the more crucial to participate in international initiatives towards trade relations. Kenya is a member of COMESA and the EAC along with having signed various trade agreements like ACP, AGOA, and AfCFTA. Therefore Kenya has free access to the entire African market as well as the Asian, European and North American markets for a number of goods.
Development of Railways: The railway line between Ethiopia and Djibouti is said to the first electric railway in Africa. The difference in rail gauges undermined the regional integration of the rail networks. Most of the railways used wither Cape gauge or the meter gauge.
Technological Advancement: While GPS and Control Towers are standard practices in logistics in developed countries, it is employed by only big domestic players and international companies in Africa. Supply chain visibility has become an increasing demand of clients and freight forwarders in the continent are also stepping up to new technologies.
Key Segments Covered:-
By Mode of Service ((Road Freight, Rail Freight, and Air Freight, Revenue and Freight Volume, Cost, Major Flow Corridors)
By Contract and Integrated Logistics
By End Users (Food, Beverages and Consumer Retail, Automotive and Healthcare and Others)
Companies Covered
Africa
Bollore Africa Logistics
Kuehne Nagel
DHL
Maersk
DSV Panalpine
CEVA Logistics
DB Schenker
South Africa
Imperial Logistics
Onelogix
Santavo Limited
DB Schenker
ID Logistics
DSV-Global Transport and Logistics
Kenya
DHL
Kuehne Nagel
Panalpina
CEVA Logistics
DB Schenker
Maersk Line
Agility Logistics
FedEx
Tanzania (Competitive Landscape)
Alistair
MeTL
Maersk Line
CMA CGM
Uganda
Bollore Transport and Logistics
Spedag Interfreight
Maersk Uganda Limited
Kenfreight Uganda Limited
CMA CGM Uganda
Union Logistics Uganda Limited
Nigeria
DHL
BHN Logistics
Bollore Africa Logistics
ABC Transport
United Postal Services
Red Star
Maersk
Mediterranean Shipping Company (MSC)
TSL Logistics
Namibia (Competitive Landscape)
A Van der Walk
TransNamib
DB Schenker
Pacific International Lines
Pronto Air and Ocean Freight
Woker Freight Service
Botswana (Competitive Landscape)
Transport Holding
Bollore
Seabelo Carriers
Country Profiles
South Africa
Kenya
Tanzania
Uganda
Nigeria
Namibia
Botswana
Key Target Audience
Freight Forwarding Companies
Freight Forwarding Consultancy Companies
Contact Logistics Companies
Venture Capitalists, PE
Freight Tech Companies
Consulting Companies
Investment Banks
Time Period Captured in the Report:-
Historical Period – 2013-2018
Forecast Period – 2019 -2023
Key Topics Covered in the Report:-
Africa Freight Forwarding Market
Namibia Freight forwarding Market
Africa Freight Forwarding Industry
Africa Air and Sea Freight Market Growth
Africa Pipeline Freight Market Share
Air Freight Volume Africa
Cargo Volume Africa
Africa Contract Logistics Market Report
International Freight Market Africa
Namibia Logistics Cost
South Africa Logistic Cost
Air Freight Revenue Cargo Africa
Africa Multimodal Transportation Market
Tanzania International Freight Market
For More Information, Refer To Below Link:-
Related Reports by Ken Research:-
Contact Us:-
Ken Research
Ankur Gupta, Head Marketing & Communications
Sales@kenresearch.com
+91-9015378249
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Location: Africa

Emergence of Smart Smoke Detectors Expected to Drive World Smoke Alarm (Smoke Detector) Market over the Forecast Period: Ken Research

Smoke detector is a sensing device, used for combating fire through signaling out indications of smoke incidences. It is installed in commercial & residential sectors and transmits a signal to fire alarm control panel, while household smoke detectors send out audible or visual alarms. It consists of two major parts: sensor and loud electric horn. Sensor signals the fire alarm panel by fire alarm sounds or flash lights. It is used in entertainment malls, corporate buildings, auditoriums, residential buildings, and other public places. It is classified as wireless smoke detector and carbon monoxide smoke detectors. Both are linked to specific alert mechanism, for instance vibrating pillow pads and remote warning handsets.

According to study, “World Smoke Alarm (Smoke Detector) Market Research Report 2024(Covering USA, Europe, China, Japan, SEA and India)” the key companies operating in the world smoke alarm (smoke detector) market are BRK, TycoFIS (Tyco International Ltd), Halma, Johnson Controls International Plc., ABB Group, Sprue Aegis, Hochiki Corp., Siemens AG, Xtralis, Ei Electronics, Honeywell Security, Panasonic Eco Solutions, Nohmi Bosai, Schneider Electric, Universal Security Instruments, Yamato Protec, Nittan Co. Ltd., System Sensor, Gulf Security Technology, Angels Intelligent Equipment, Shanghai Nohmi Secom, Shanying Fire, Forsafe, Longsin, Ceasefire Industries Pvt. Ltd., Shenzhen Security Group, D&K Group, Mircom Group, AneyWell, Gabel, Kidde Fire Safety (United Technologies Corporation), Heiman Technology, Nest labs (Google LLC), Robert Bosch GmbH, Protec Fire Detection Plc., Secrui, Shanghai Belling, Yongchangda Electronics, Nanjing Fire Group, Sureland. The key players are shifting towards adopting digital assistance such as IoT and AI.
Based on product type, smoke detector market is segmented into photoelectric smoke alarms, combination smoke alarms, ionization smoke alarms, public places smoke alarm, home smoke alarm and others. Based on power source, market is segmented into hardwired without battery backup, hardwired with battery backup and battery powered. Based on service type, market is segmented into engineering services, maintenance services, installation & design services, managed services and other services. Based on pricing, market is segmented into low priced, medium priced and premium priced. In addition, based on end-use industry, market is segmented into oil & gas and mining, commercial (healthcare, academia & institutional, hospitality, retail, residential, banking, financial services, & insurance (BFSI), telecommunication, transportation & logistics, manufacturing and others.
The smoke detector market is driven by increase in commercial infrastructural investments, followed by rise in population & increase in urbanization, rise in technological advancements & innovations, increase in fire-related expenditure of various enterprise, rise in penetration of smart homes, implementation of residential safety standards, rapid industrializations, growth in urbanization, increase in sensor technology and rise in government regulations. However, complications associated with the installations and high cost of replacing traditional smoke detectors with smart smoke detectors may impact the market. Moreover, rapid development of smoke detector technology along with internet of things (IoT), growth in popularity of carbon monoxide (CO) smoke detectors and advancements of Conventional Photoelectric Smoke Detector (CPS systems) are a key opportunities for market.
Based on geography, USA country holds major share in smoke detector market owing to rise in strictness of fire safety regulations in the country. Europe, China and India are expected to witness lucrative growth due to growth of the construction industry in residential & non-residential, and civil engineering sectors over the forecast period.
To know more, click on the link below:-
World Smoke Alarm (Smoke Detector) Market Research Report
Related Reports:-
Global Residential Smoke Alarm (Smoke Detector) Market Analysis 2013-2018 and Forecast 2019-2024
Smoke Alarm (Smoke Detector) Market Research: Global Status & Forecast by Geography, Type & Application (2015-2025)
Contact Us:-
Ken Research
Ankur Gupta, Head Marketing & Communications
Sales@kenresearch.com
+91-9015378249
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UAE ATM Managed Services Market Outlook to 2024: Ken Research

The report titled “UAE ATM Managed Services Market Outlook to 2024 – By Off-Site and On-Site ATMs and By Type of Service (Cash Management Services, ATM Maintenance Services and ATM Supply)” provides a comprehensive analysis on the ATM managed services industry of UAE. The report covers various aspects including market overview, value chain and ecosystem analysis, market evolution, market segmentation by location of ATM i.e. off-site and on-site ATMs and by the type of service i.e. cash management services, ATM maintenance services and ATM supply services. The report also includes trends and developments, challenges, major cost components and profitability analysis of ATMs in UAE, Regulatory framework and Snapshot on UAE ATM supply market. Competition landscape includes market share on major ATM suppliers on the basis of revenue and their company profiles. The report concludes with future projections in the UAE ATM Managed services space and analysts recommendations for the same.


UAE ATM Managed Services Market Overview and Size
The UAE ATM managed services market was observed to be operating at its growth stage, approaching maturity as banks and ATM managed services companies begin investing in innovative technology to automate their services. The market is expected to increase in size due to increase in cash management services market. Banks in UAE have taken various steps in order to reduce overall costs of operations. Apart from outsourcing management of the ATMs, banks have begun reducing their commercial footprint by closing down branches, merging with other banks and investment in technology based services to reduce reliance on ATMs for customer services.

UAE ATM Managed Services Market Segmentation
By Location of ATM (Off-Site and On-Site)
Off-Site ATMs are installed in location where there are no branches such as hospitals, malls and airports among others. The segment dominated in the UAE during 2018. Additionally, the management of off-site ATMs is completely outsourced to the cash management companies. On-site ATMs on the other hand, are located near bank branches, electronic service units and representative offices. For these ATMs, cash management services and ATM maintenance services are outsourced while security and surveillance services are managed by the banks themselves.

By Type of Service (Cash Management Services, ATM Maintenance Services and ATM Supply)
The market was dominated by cash management services for the period 2013-2018. Banks outsource cash management services to Transguard or manage it themselves for on-site ATMs. Cash management services include cash in transit and other cash services. Cash in Transit market includes cash replenishment and transportation of cash between bank branches, central bank and between corporate or retail outlets with cash handling centers. Cash in Transit services were seen to dominate the ATM services market as these services require fleet of armored vehicles and vans and require experienced manpower. ATM maintenance services included hardware, software and currency template management of three types of ATM machines namely cash dispensers, cash recyclers and cash in cash out machines. The market for ATM maintenance was observed to decline in the period 2013-2018 due to improvement in technology and competition between banks to provide low cost services. Hardware maintenance includes First, Second Line Maintenance and Breakdown Maintenance and software maintenance includes monthly or quarterly check up of ATM operating software.

Comparative Landscape in UAE ATM Managed Services Market
Competition stage within UAE ATM managed services market was observed to be highly concentrated between three major companies. For cash management services, Transguard has a monopoly while Brink’s has just started to enter the market with a small market share. Transguard acquired its competitor G4S in 2018 to become the market leader in cash management and security services. Also, Transguard handles a massive proportion of cash in circulation in the UAE while the remaining is handled by banks. Lastly, competition with ATM supply market of the UAE was also seen to be highly concentrated between 2 companies namely NCR Corporation and Diebold Nixdorf.

UAE ATM Managed Services Market Future Outlook and Projections
UAE ATM managed services market is further expected to rise in the forecast period 2018-2024, driven by rise in total ATM transactions, increased card usage and entry of several players in the cash management services segment. The ATM maintenance market of UAE is expected to decline as newer advanced technology in ATMs will be introduced over long term. The total number of ATMs is also expected to decline as consolidation in the banking industry is underway and as banks look to reduce costs, branches and ATMs are expected be closed down.

Key Segments Covered
By Location of ATMs
On-Site
Off-Site

By Type of Services
Cash Management Services
ATM Maintenance Services
ATM Supply

Key Target Audience
Banking and Financial Services Companies
Investors and Venture Capital Firms
Technology Service Providers
Government Entities
Cash Management Companies
ATM Machine Manufacturers

Time Period Captured in the Report:
Historical Period: 2013 -2018
Forecast Period: 2018-2024

Companies Covered:
Transguard
NCR Corporation
Diebold Nixdorf

Key Topics Covered in the Report
UAE ATM Managed Services Market Introduction
Market Ecosystem of UAE ATM Managed Services Industry, 2018
Value Chain Analysis of UAE ATM Managed Services Industry
UAE ATM Managed Services Market by Revenues, 2013-2018
UAE ATM Managed Services Market Segmentation, 2018
Major Cost Components and Profitability Analysis of ATMs in UAE, 2018
Issues and Challenges in UAE ATM Managed Services Industry
Trends and Development in UAE ATM Managed Services Industry
Regulations in the UAE ATM Managed Services Industry
Snapshot of UAE ATM Supply Market, 2018
Company Profiles of Major Players in UAE ATM Managed Services Market
UAE ATM Managed Services Future Market Outlook and Projections, 2018-2024
Analyst Recommendations

For more information on the research report, refer to below link:
UAE ATM Managed Services Market

Related Reports
Indonesia ATM Managed Service Market Outlook to 2023 - By ATMs (On-Site ATM, Off-Site ATM, Mobile ATMs), by Service (Cash Management Services, ATM Repair & Maintenance, ATM Site Maintenance & Others- Journal Management & ATM Reconciliation), By ATM Machine (Cash Dispensers, Cash Recyclers) and By Cash Management Services (Cash Replenishment Service, Cash-in-Transit, Others - Cash Processing, Cash Vaulting & Cash Forecasting).

Saudi Arabia ATM Managed Service Market Outlook to 2023 - By ATMs (On-Site ATM, Off-Site ATM, Mobile ATMs), by Service (Cash Management Services, ATM Repair & Maintenance, ATM Site Maintenance), By ATM Machine (Cash Dispensers, Cash Recyclers) and By Cash Management Services (Cash Replenishment Service, Cash-in-Transit, Others - Cash Processing, Cash Vaulting, Cash Reconciliation & Cash Forecasting)

India ATM Cash Management Market Forecast to 2023 - ATM Replenishment, Cash in Transit, Cash Pickup and Delivery and Vaulting Services, Bullion Management, and Cash Processing

Contact Us:-
Ken Research
Ankur Gupta, Head Marketing & Communications
Sales@kenresearch.com
+91-9015378249
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Vietnam Lubricants Market Research Report And Future Outlook: Ken Research


How Lubricants Market Is Positioned in Vietnam?
Vietnam lubricants market is currently in its growth stage, with demand exceeding supply and therefore leading to a rise in lubricant price over a period of time. Majority of the lubricant produced in Vietnam is done by importing base oil from neighboring countries such as China, Singapore and Japan. The base oil is then blended accordingly with the required additives, domestically to transform the base oil into the lubricant end product. The market has been growing majorly due to rising vehicle sales and healthy industrial sector growth over a sustained period. Over the review period, Vietnam lubricants market observed a healthy growth both in terms of revenues as well as sales volume. In the year 2018, the market generated revenues worth USD ~ million alongside a sales volume of ~ million litres.

A rising retail price of lubricants caused by a spike in crude oil prices worldwide supported growth in the sales revenue of lubricants in Vietnam through the period. The market garnered maximum interest post liberalization of trade and the recent removal of barriers on trade within ASEAN nations.
A rising middle income segment in Vietnam supported a healthy rise in the sale of passenger cars over the period, leading to a spike in the demand for automotive lubricant in Vietnam. The growth in lubricant demand for industrial applications was stimulated by the set-up of a number of manufacturing and industrial plants in Vietnam, along with a huge chunk of incoming FDI from the manufacturing and processing sector. Low labor costs, high ease of setting up business and low government restrictions in the form of trade barriers supported the transformation of Vietnam into a production hub, much like its neighbor China.

Competitive Landscape in Vietnam Lubricants Market
Competition stage in the country’s lubricant market was witnessed to be moderately concentrated with major international players capturing over half of the demand for lubricants in Vietnam during 2018. Local players are limited but maintain a presence in the market catering to their differentiated customer segments.  The total number of players manufacturing and supplying lubricants in Vietnam was observed to be over ~ manufacturers, both, domestic and international as of 31st December 2018. The origin of international companies ranges from European nations such as Netherlands, Germany and UK to neighboring countries such as China, Japan, Thailand, Taiwan and Indonesia. A high growth rate of lubricant demand and an impressive ease of doing business rank of Vietnam stimulated entry of international players in the market. Some of the major international and domestic players operating within the market include Castrol BP Petco, Petrolimex, Shell, Chevron Lubricants, Total, Mekong Lubricants, JX Nippon, Idemitsu, ExxonMobil and Sinopec among others. Pricing, brand reputation as well as distribution strategy adopted by a particular company are considered as of high importance in order to reach a wider target audience in the market.

Market Share of Major Players Operating in Vietnam Lubricants Market
A joint venture between BP and local player Petrolimex, Castrol BP Petco leads the market accruing a share close to ~% on the basis of sales volume in the year 2018. Other international players such as Shell, Chevron and Total complemented Castrol’s dominance as majority of the market is dominated by the presence of international lubricant players.

Key Segments Covered:-
By Grade
Mineral based Lubricants
Semi-Synthetic Lubricants
Synthetic Lubricants

By Application
Automotive Lubricants
Industrial Lubricants

By Automotive Lubricant Type
Heavy Duty Diesel Engine Oil
Motorcycle Oil
Passenger Car Motor Oil
Hydraulic Oil
Gear Oil
Greases

By Automotive Lubricant End User
Commercial Vehicles
Motorcycles
Passenger Cars
Marine Vessels

By Automotive Lubricant Distribution Channel
Dealer and Distributor Network
OEM Workshops and Service Stations
Supermarket and Online Retail

By Industrial Lubricant Type
Hydraulic Oil
Metal Cutting Fluid
Industrial Gear Oil
Industrial Grease
Turbine Oil
Transformer Oil
Compressor Oil
Others (Anti Rust Oil and Cleaner Oil)

By Industrial Lubricant End User
Manufacturing
Steel Projects
Construction
Power Generation
Others (Textiles, Chemicals and Auto Parts primarily)

By Industrial Lubricant Distribution Channel
Direct Sales
Dealer and Distributor Network

Key Target Audience:-
Auto And Auto Component Manufacturers
Manufacturing Companies
Steel Production Companies
Metal Working Companies
Auto And Auto Component Manufacturers
Construction Companies
Textile Companies
Cement Companies
Mining Companies
Power Generation Companies
Food & Beverage Companies
Petroleum and Lubricant Associations

Time Period Captured in the Report:-
Historical Period – 2013-2018
Forecast Period – 2018-2023E

Companies Covered:-
Castrol BP Petco
Petrolimex Petrochemical Corporation (PLC)
Shell Vietnam
Chevron
Total
Mekong Lubricants
Idemitsu Lube Vietnam
JX Nippon Oil and Energy
ExxonMobil
Vilube Motul
Valvoline
Honda
Yamaha Lube
Sinopec

For more information on the research report, refer to below link:-
Vietnam Lubricants Market

Related Reports:-
Uganda Lubricants Market Outlook to 2023 - By Origin (Mineral, Semi-Synthetic and Synthetic), By Automotive (Passenger Car Motor Oils and Motor Cycle oils, Heavy Duty Diesel Engine Oils, Hydraulic Oils, Gear Oils and Transmission Fluids, Greases) and Industrial (Hydraulic Oils, Industrial Gear Oils, Turbine Oil, Compressor Oils, Greases, Transformer Oils and Grease), By End Users and By Distribution

Saudi Arabia Lubricants Market Outlook to 2023 - By Automotive (Passenger Car Motor Oil, Heavy Duty Engine oils, Hydraulic Oils, Gear Oils & transmission, and Greases), Industrial lubricants (Engine Oils, Turbine oils, Hydraulic oils, Industrial Gear oils, Transformer oils, Compressor oils, Greases) By Origin (Mineral, Synthetic and Semi-Synthetic)

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