Friday, January 24, 2020

Rising Investment for Developing Infrastructure Supporting the Market Growth Albeit with Driver Shortage and Emission Regulation: Ken Research

Development Projects: 2017 saw the initiation of the TEN-T infrastructure policy with the goal of connecting the major hubs of Europe through 9 Core Networks. The project involves a revamp or additions to transport infrastructure in all modes of transportation. The project is estimated to cost and overall of EUR 556 billion.
Increasing Driver Shortage: The unattractiveness of trucking as a profession that has a rising retirement rate is one of the major challenges in the freight forwarding industry. The International Road Transport Union estimates the difference between demand and supply to be around 39% in 2019. The shortage has led to a rise in road freight prices.
Emergence of Trucking Aggregators: Trucking aggregators are on a rise in the freight forwarding industry in Europe. The trucking aggregators attempt to capture a share in the highly fragmented trucking industry with an aim to digitize the market space and induce transparency in pricing.
Freight Forwarding Market Europe
Cabotage: Cabotage is seen as a problem for the domestic trucking freight market as cheaper, foreign truckers often enter domestic markets to capture the market. The EU has brought in a new law to address the issue of cabotage. The new law changes rule from three cabotage operations in seven days to unlimited cabotage operations within five days.
Platooning: DB Schenker partnered with MAN to test out the platooning technology in real traffic scenarios in Germany. Platooning is a system of automated truck convoying which allows automated trucks to follow a lead truck. This reduces fuel costs and optimizes the route planning.
Sustainable Logistics: Europe is committed to achieving its goals set in the Paris Agreement and therefore countries are looking for more eco-friendly means of transportation. Companies are experimenting with electric trucks and looking to shift their operations from road freight to the more eco-friendly rail transport. Companies are looking to decrease their carbon footprint by reducing the paperwork and digitizing their operations.
Analysts at Ken Research in their latest publication “Europe Freight Forwarding Market Outlook to 2025 – By Country (Austria, Belgium, Germany, Netherlands, Poland, Sweden, and Others) and By Mode of Transportation (Road, Sea, Air, Rail, and Inland Waterways)” believe that the freight forwarding industry in Europe is at a growing stage. Keeping the commitment towards the environment in mind, countries should focus on the modal shift from road to rail and inland waterway which would facilitate both intra-Europe and extra-Europe trade and thus contribute to the growth of the freight forwarding market.
Key Segments Covered:-
By Mode of Transportation
Road
Rail
Sea
Air
Inland Waterways
By Country (Revenues and Freight Volume)
Germany
Spain
France
UK
Italy
Netherlands
Poland
Romania
Belgium
Norway
Greece
Austria
Sweden
Czech Republic
Hungary
Bulgaria
Denmark
Finland
Portugal
Slovenia
Slovakia
Lithuania
Ireland
Estonia
Latvia
Luxembourg
Croatia
Cyprus
Malta
Country Profile
By Mode of Transportation
Road
Rail
Sea
Air
Inland Waterways
By Road
International
Domestic Transportation
By Rail
International
Domestic Transportation
By Sea
International
Domestic Transportation
By Air
International
Domestic Transportation
By Inland Waterways
International
Domestic Transportation
Companies Covered
Europe
DHL
Kuehne + Nagel
DB Schenker
DACHSER
GEODIS
CEVA Logistics
DSV
Hellmann Logistics
Rhenus Logistics
CEVA Logistics
Austria
JCL Logistics
DACHSER
CEVA Logistics
Augustin Quehenberger
Lagermax
DSV
Belgium
Ziegler
Manuport
DHL
CEVA Logistics
Yusen Logistics
DACHSER
Hamann International
UPS
  1. Essers
Kuehne + Nagel
GEFCO
Cargo-partner
Germany
Kuehne + Nagel
DACHSER
GEODIS
Koch International
Netherlands
CEVA Logistics
DACHSER
GEODIS
Broekman Logistics
Poland
Gruba Rupen
DB Schenker
Lotos Kolej
Rohlig SUUS
JASFBG
DSV
Sweden
DACHSER
DSV
Country Profiles
Austria
Belgium
Germany
Netherlands
Poland
Sweden
Key Target Audience
Freight Forwarding Companies
Freight Forwarding Consultancy Companies
Contract Logistics Companies
Venture Capitalists
Freight Tech Companies
Consulting Companies
Investment Banks
Time Period Captured in the Report
Historical Period – 2013-2019P
Forecast Period – 2019P-2025F
Key Topics Covered in the Report:-
Europe Freight Forwarding Market Segmentation
Europe Freight Forwarding Market Size
Europe Freight Forwarding Market Share
Europe Freight Forwarding Market Growth Rate
Europe Road, Sea, Air Freight Market Volume
Europe Road Freight Logistics Cost
Europe Sea Freight Logistics Cost
Inland Waterways Market Europe
Austria Logistics Market
Austria Freight Forwarding Industry
Austria Road Freight Market Revenue
Inland Waterways Market Austria
Europe Domestic Transportation Market
Germany Freight Forwarding Market
Inland Waterways Market Germany
For More Information On The Research Report, Refer To Below Link:-
Related Reports by Ken Research:-
Contact Us:-
Ken Research
Ankur Gupta, Head Marketing & Communications
Ankur@kenresearch.com
+91-9015378249
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Location: Europe

Thursday, January 23, 2020

Rise in Digitalization in Manufacturing Processes Anticipated to Drive Global Laser Cutting Machine Market: Ken Research

Laser cutting machine is a technology that uses lasers such as solid state lasers, CO2 and fiber to cut materials. It is capable to cut materials ranging from steel to plastic with absolute precision. It is an essential machinery tool required by industries to manufacture the components with composite geometry for instance automotive industry, machine tool industry and other manufacturing industries.

According to study, “Global Laser Cutting Machine Market 2019 by Manufacturers, Regions, Type and Application, Forecast to 2024” the key companies operating in the global laser cutting machine market are Trumpf GmbH Co., Bystronic, Han'S Laser, Mitsubishi Electric, Mazak, Prima Power, Amada, DMG MORI, Coherent Inc., Unity Laser, HG Laser, Universal Laser Systems, Koike, Cincinnati,  Conzzeta Management AG, Tianqi Laser, IPG Photonics Corp., LVD, Epilog Laser, Tanaka, CTR Lasers, Penta-Chutian, Spartanics, Lead Laser, Microlution, Trotec, Kaitian Laser, GF, HE Laser, Boye Laser, Golden Laser. Key vendors are progressively adopting digitalization in their manufacturing processes to remain competitive. Digitalization will allow end-users to enhance flexibility, increase return on investment (ROI), minimize waste, and reduce inventories and time-to-market. It will also help in confirming the effective maintenance & replacement of worn-out parts. Hence, market vendors are concentrating on connecting laser cutting machines to a communication network and using Internet of Things (IoT) to provide complete integration across the production line. Moreover, the adoption of blockchain will also help in forming a robust digital supply chain and minimize the overall cost across the supply chain.

Based on technology, laser cutting machine market is segmented into gas lasers, solid-state lasers, and semi-conductor lasers. Solid state lasers are used for medical applications. Diode-pumped solid-state lasers gives a superior beam quality and an ever-increasing degree of processing flexibility. Based on process, market is segmented into flame cutting, fusion cutting, and sublimation cutting. In addition, based on end-user, market is segmented into automotive, defense & aerospace, consumer electronics, industrial and others. Automotive sectors dominates the market owing to change in consumer lifestyle, rise in demand for automobiles and increase in consumer income. Additionally, defense & aerospace segment is anticipated to exhibit higher growth rate due to increase in space research project during the forecast period.       

The laser cutting machine market is driven by growth in developments & innovations in the field of technology, followed by rise in digitalization in manufacturing processes, increase in consumer preference for better advanced vehicles & several metal cutting machines, rise in sales of consumer electronics and high demand from end-user industries. However, availability of substitute machinery and large expenditure on research & development (R&D) may impact the market. Moreover, growth in aerospace manufacturing is a key opportunity for market.          

Based on geography, the North-American region holds major share in laser cutting machine market owing to rise in demand for automobile and strong development in the industrial sectors in the region. The Asian-Pacific region is expected to witness higher growth rate due to change in lifestyle and rapid pace of industrialization in emerging economies over the forecast period. In near future, it is expected that the market will be reached at quick speed as a result of rise in focus on automating metal cutting process, emergence of local players that provide low-cost laser cutting machines, and presence of skilled labor during the forecast period.

For more information, click on the link below:
Global Laser Cutting Machine Market

Contact Us:    
Ken Research                                   
Ankur Gupta, Head Marketing & Communications
Ankur@kenresearch.com
+91 9015378249
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Growing Requirement for the Insulation Coating Materials Globally Market Outlook: Ken Research

The insulation is an effective material which structure to safeguard the heat or sound from being communicated from one location to another. Frequently, it is utilized to keep heat and sound in or out of a house, or to restrict it to certain parts of the house. The insulation is utilized in the dissimilar methods, it primarily incorporates materials that comprise of millions of the tiny pockets of air. The augment in the energy consumption is a challenge for the several regions. In addition, in order to decrease the carbon emission, manufacturers are formulating the materials that can lower energy ingesting. These materials are called insulation coatings. Insulation coatings retain the unique appearances. Insulation Coatings offer great thermal coefficient and lower thermal conductivity, replicates infrared rays, and delivers the protection.
According to the report analysis, ‘Global Insulation Coating Materials Market Size study, by Type (Acrylic, Epoxy, Polyurethane, Yttria Stabilized Zirconia, Mullite and Others), End-Use Industry (Aerospace, Automotive, Building & Construction, Marine, Industrial and Others) and Regional Forecasts 2018-2025’ states that in the worldwide insulation coating materials market, there are numerous players which presently operating more actively for leading the fastest market growth and dominating the great value of market share around the globe in the coming years while developing the technologies of production, augmenting the applications, implementing the profitable strategies and examine the competitor’s strategies includes Akzonobel, The Sherwin-Williams Company, PPG Industries, Kansai Paint Co., Ltd., Nippon Paint, Jotun Group, Carboline, Mascoat, Axalta Coating Systems, Sharpshell Industrial Solutions, Lincoln Industries and several others.
However, the Global insulation coating materials market worth approximately USD 8.6 billion in 2017 and is predicted to increase with a healthy growth rate of more than 7.8 % over the review period of 2018-2025.
The effective augment in the demand of insulation coatings from end-users due to its several appearances such as corrosion resistant and energy savings is the main aspects primarily influencing the market. For instance, marine industry is the mainstream contributor in augmenting desire of insulation coatings as the marine environment is prone to corrosion owing to lengthier exposure to moisture content. These coatings suggest a thermal barrier among surface and moisture and also inform anti-condensation proficiencies for shipboard construction. However, the lower effectiveness than the conventional insulation coating materials is performing as one of the foremost limiting aspects for market growth during the review period.
Although, based on the region, the market of insulation coating materials is spread around the world which majorly comprises Asia Pacific, North America, Europe, Latin America and Rest of the World. Nonetheless, North America is the leading/significant region across the world in terms of market share owing to effective augment in the demand of insulation coating materials in marine industries. Europe also underwrites a satisfactory growth in the worldwide insulation coating materials market owing to increasing requirement of the energy efficient materials. Asia-Pacific is also projected to exhibit greater growth rate / CAGR over the review period of 2018-2025 due to growth in end-user industries with greater application of insulation coatings in underdeveloped countries such as India, China and Japan. Hence, in the coming years, it is anticipated that the market of insulation coating materials will increase around the globe over the near future more progressively.
To know more, click on the link below:-
Global Insulation Coating Materials Market Research Report
Contact Us:-
Ken Research
Ankur Gupta, Head Marketing & Communications
ankur@kenresearch.com
+91-9015378249
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Turkey Logistics and Warehousing Industry Revenue is Expected to Cross TRY 350 Billion by the year 2025: Ken Research

    • Turkey is planning to establish logistics bases in African countries such as Ethiopia, Morocco, Kenya, South Africa, and others after seeing an exponential rise in trade in the last 16 years. Moreover, the government officials will pay visits to Nigeria, Tanzania, Kenya, Rwanda, and Mozambique to sign free trade agreements (FTAs) with these countries.
    • Turkey is planning to establish itself as a major manufacturing power by 2023. The machinery and equipment manufacturing sector aims to achieve USD 100.0 billion in export. Turkey, with help from the European Union, is focusing on increasing its R&D base, by encouraging domestic and foreign investors to set up units in the technology development zones (TDZ), in Turkey.
    • Turkey’s Middle Corridor initiative would create new transport routes to connect East Asia to Europe. The "Trans-Caspian East-West Middle Corridor", would effectively create high-speed rail lines that could ship cargo from the eastern parts of Asia to Europe within two weeks, connecting China through Central Asia, the Caspian Sea and all the way to the Caucasus region.
    Upcoming Industrial Zones in Turkey: The Turkish government has decided to establish six mega industrial zones in Istanbul, Bursa, Balıkesir, İzmir and Mardin with a TRY 23.1 billion (nearly USD 3.7 billion) investment. These zones will attract significant international investments, facilitate technology-oriented production and encourage foreign direct investment (FDI) in Turkey.
    Turkey Logistics Master Plan 2023: The Turkish government has set ambitious targets in the field of domestic logistics as a part of the master plan.  As a part of the master plan, the government focuses on investing in transport infrastructure to achieve remarkable growth in the logistics sector in Turkey. Some of the key highlights of the master plan include the construction of a new Istanbul Airport, redevelopment of the iconic Haydarpasa port, extension of railway infrastructure and others.
    Turkey Logistics Industry
    Turkey Exports Master Plan: The Turkish government has recently announced the Export Master Plan to realize the goal of sustainable export. As a part of the plan, it will select 17 target countries and prioritize five sectors to raise the country's exports. The plan named the machinery, automotive, electric and electronics, chemical and food industries as priority sectors, and the U.S., Brazil, China, Ethiopia, Morocco, South Africa, South Korea, India, Iraq, the U.K., Japan, Kenya, Malaysia, Mexico, Uzbekistan, Russia and Chile as target countries. The government aims to raise the share of high-tech export on total exports to 5% from its current level of 3.5% by setting up specialized free-trade zones.
    Analysts at Ken Research in their latest publication “Turkey Logistics and Warehousing Market Outlook to 2025 – By Domestic and International Freight Forwarding Throughput, Revenue & Flow Corridor (Road Freight and Pipelines, Sea, Air, and Rail Freight), By Warehousing (Industrial / Retail, Container Freight / Inland Container Depot & Cold Storage), By 3PL, Courier Express & Parcel, Domestic and Cross Border E-commerce Logistics” believe that the logistics industry is in its growth stage and is projected to expand in future through increasing government investment to improve the nation’s infrastructure, increasing volumes of imports and exports and adaptation to new technology. Thus, the market is expected to register a positive CAGR of 12.3% in terms of revenue during the forecast period of 2018-2025.
    Key Segments Covered:-
    Logistics and Warehousing:
    By Service Mix (Freight Forwarding, Warehousing, Courier Express, and Parcel Activities and Value Added Services)
    Freight Forwarding:
    By Mode of Service (Road Freight and via Pipelines, Sea Freight, Air Freight, and Rail Freight)
    By Mode of Freight (Domestic and International Freight Forwarding)
    By Flow Corridors (European Countries, Asian Countries, American Countries, and Others)
    By End Users (Manufacturing, Automotive, Food and Beverages, Consumer Retail and Others)
    By Third-Party Logistics (3PL) and Integrated Logistics
    Warehousing:
    By Business Model (Industrial/Retail, Container Freight/Inland Container Depot, and Cold Storage)
    By Type of Warehouses (Closed Warehouses, Open Yards, and Cold Storage)
    By Region (Istanbul, Izmir, Ankara, Bursa, and Others)
    By Third-Party Logistics (3PL) and Integrated Logistics
    By End Users (Food and Beverages, Automotive, Manufacturing, and Consumer Retail & Others)
    Third-Party Logistics:
    By Phases of Delivery ((Hub-Hub, Hub-Spoke, and Spoke-Door)
    By Service Mix (Freight Forwarding and Warehousing)
    Snapshot on Turkey Courier, Express and Parcel Market
    Snapshot on Turkey E-Commerce Logistics Market
    Key Target Audience:-
    Logistics Companies
    Warehousing Companies
    Cold Chain Companies
    Courier and Parcel Companies
    Express Logistics Companies
    E-Commerce Logistics Companies
    Logistics Association
    Government Association
    Investors and Private Equity Companies
    Time Period Captured in the Report:-
    Historical Period: 2013-2018
    Forecast Period: 2019-2025
    Key Companies Covered:-
    Freight Forwarding and Warehousing Market:
    Ekol Logistics
    Netlog Logistics
    Mars Logistics
    DHL
    Kuehne + Nagel
    Borusan Logistics
    Yusen Inci Logistics
    Hellmann Worldwide Logistics
    Omsan Logistics
    CEVA Logistics
    Karinca Logistics
    KITA Logistics
    DB Schenker
    Agility Logistics
    Courier and Parcel Market:
    PTT
    Yurtici Cargo
    Key Topics Covered in the Report:-
    Executive Summary
    Research Methodology
    Logistics Infrastructure in Turkey Logistics Market
    Cross Comparison of Turkey Logistics and Warehousing Market with Other Countries
    Value Chain Analysis for Turkey Logistics Market
    Turkey Logistics and Warehousing Market
    Turkey Freight Forwarding Market
    Turkey Warehousing Market
    Turkey Third-Party Logistics (3PL) Market
    Snapshot on Turkey Courier, Express and Parcel Market
    Snapshot on Turkey E-Commerce Logistics Market
    Company Profiles of Major Players in Turkey Logistics and Warehousing Market
    Trade Scenario in Turkey Logistics and Warehousing Market
    Industry Norms and Regulations in Turkey Freight Forwarding and Warehousing Market
    Trends and Developments in Turkey Freight Forwarding and Warehousing Market
    Issues and Challenges in Turkey Freight Forwarding and Warehousing Market
    SWOT Analysis for Turkey Warehousing Market
    Analyst Recommendations for Turkey Freight Forwarding and Warehousing Market
    Turkey Logistics and Warehousing Market Future Outlook and Projections
    For More Information On The Research Report, Refer To Below Link:-
    Related Reports by Ken Research:-
    Contact Us:-
    Ken Research
    Ankur Gupta, Head Marketing & Communications
    Ankur@kenresearch.com
    +91-9015378249
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Location: Turkey

Nigeria warehousing Market Future Outlook: Ken Research

How Nigeria Warehousing Market Evolved?
Logistics and warehousing are important for the economy. Nigeria has five international airports and six seaports for cargo transportation. Murtala Muhammed International Airport is the major commercial airport in Lagos and Lagos Port Complex and Tin Can Port are the two major seaports, both located in the commercial hub of Lagos. Therefore, Lagos is the warehousing hub of Nigeria. Infrastructural developments in the seaports, airports, and SGR have contributed to the facilitation of the International trade increases the demand for more warehouses in the country.
Most warehouses are centered in and around Lagos due to the presence of industrial parks and proximity to seaports and airports. The price charged in Lagos is higher compared to the rest of the places and ranges between USD ~ per square per month depending upon the brand name, space, facilities, and tenure of the contract. Nigeria warehousing market was evaluated to grow from USD ~ million in 2013 to USD ~ million in the year 2018 at a compounded annual growth rate (CAGR) of ~% during the period. In 2018, Nigeria has achieved rank 145 in the Ease of Doing Business Index and rank 112 in Logistic Performance Index.
Nigeria warehousing Market
 The increasing middle class and urban-educated population have pushed the demand for shopping centers and e-commerce in Lagos in Nigeria. The increasing retail store and supermarkets have increased the warehousing demand in Nigeria. Growing investments in Industrial parks, growing manufacturing units of the banned products for importing are the factors that are even contributing to increased demand for warehouses in the market.
Nigeria Warehousing Market Segmentation
Revenue by End User
The Food and beverage industry has been contributing ~% due to the increasing trade of food products. Increasing automotive industries, the emergence of retail stores, Cold storages for agricultural and pharmaceutical drugs and medicines are increasing warehousing sector.
By Operational Model
The Industrial/Retail segment has contributed ~% with massive revenue in the year 2018. CFS/ICD warehousing contributes ~% in the market. Cold Storage warehousing has increased due to temperature-controlled products for agricultural goods, seafood.
By Contract and Integrated
Contract warehouses contributed ~% in the warehousing market. Small and medium players lease out their warehousing requirements due to the shortage of good quality warehouses and huge capital requirements.
 By Type of warehouses:
Open yards and warehouses are less in number in Nigeria and contribute ~% share in the market due to less ICD’s. Closed warehouses include `% of the warehousing market.
By Region:
All the warehouses are situated in and around Lagos only due to the presence of industrial parks and proximity to seaports and airports. It has around ~ warehouses in the country.
Competitive Scenario In Nigeria Warehousing Market
The market is very fragmented and full of small local players in the warehousing market but now the market is being regulated due to the strict regulations by the concerned authorities. Godowns by individual owners and local smaller firms offer third-party services to international players when needed space at a particular location.
Various competition parameters of warehousing effectiveness are the cost of warehousing, area, and capacity, modern technological equipment, CCTV, Security and proximity to the airport, seaport and railways.
MDS Logistics is a local Nigerian player that has recently sprung up in spite of big International players and is involved in providing huge warehousing space and needed facilities to the government.
The warehouses that are near to Lagos are generally charged higher than other places due to its strategic location, trade centralization and the presence of Industrial parks.
Companies Cited in the Report
DHL Global Forwarding
Bollore Transport and logistics
UPS Logistics
MDS Logistics
GMT Logistics
Nigeria Warehousing Future Outlook and Projections, 2018-2023
Nigeria Warehousing market is projected to grow at a CAGR of ~% during the forecast period 2018-2023 owing to the country’s plans to turn itself into the trading and manufacturing hub of Africa.
The revenue from the warehousing market in the country is anticipated to grow from USD ~ million in 2018 to USD ~ million by the year ending 2023. The key growth drivers of the warehousing sector will be the increasing investment in the industrial parks in export promoting zones with the PPP framework. The growing middle-class population and increasing retail stores and supermarkets will increase the demand for warehousing in the future.
The growing pharmaceutical industry and government support to increase agricultural production will increase the demand for cold storage industries in the future. E-commerce players such as Jumia and Konga, in order to reduce their inefficiencies, are expected to increase the demand for outsourced warehouses in the future.
Key Segments Covered:-
Nigeria Warehousing Market
Revenue by Business Model
Industrial/Retail
CFS/ICD
Cold storage and Agriculture
Revenue by Region
Lagos
Kano
Kaduna
Ogun
Nassaraw
Others
Revenue by Type of Warehouses
Open warehouse
Closed warehouse
Revenue by Contract and Integrated warehouses
Contract warehouses
Integrated warehouses
Revenue by End User
Food and Beverages
Automotive
Consumer retail
Health care
Others (Agricultural products and other perishable commodities)
Revenue by Market Structure
Regulated
Unregulated
Companies Covered:-
DHL
Bollore Transport and Logistics
UPS (United Postal Services)
GMT Logistics
MDS logistics
Key Target Audience
Warehousing Companies
3PL Companies
Consultancy Companies
Real estate companies
E-commerce players
Time Period Captured in the Report:-
Historical Period – 2013-2018
Forecast Period – 2019-2023E
Key Topics Covered in the Report:-
Nigeria Warehousing Market Overview
Nigeria Warehousing Market Size
Nigeria Warehousing Market Segmentation
Competitive Scenario in Nigeria Warehousing Market
Company Profiles of Major Players in Nigeria Warehousing Market
Nigeria Warehousing Market Future Outlook and Projections
Nigeria Warehousing Future Market Size
Nigeria Warehousing Market Future Segmentation
Analyst Recommendations on Nigeria Warehousing Market
For More Information, Refer To Below Link:-
Related Reports by Ken Research:-
Contact Us:-
Ken Research
Ankur Gupta, Head Marketing & Communications
Ankur@kenresearch.com
+91-9015378249
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Location: Nigeria
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