Friday, January 31, 2020

Egypt Facility Management Market Revenue is expected to Grow Due to Inflow of Foreign Direct Investment and Increasing Tourism in the Country: Ken Research

Key Findings
The revenue from Integrated Facility Management is expected to more than double in the next five years.
The Facility Management Market in Egypt is expected to witness emergence of both local and global facility management service providers, due to high demand for the services in the future.
The revenue for Facility Management Industry from Outsourced Personnel is expected to increase by 89.75% in the next five years.

Improving Tourism: The government is working on enhancing its tourist destination sites to attract more tourists with an overall focus on improving the economic well-being of the country. The maintenance of these destination sites will lead to higher demand for facility management services in the country. The increase in the number of tourists will lead to the growth in the hospitality sector due to the construction of new hotels to cater to the demand.  This will ultimately increase the demand for housekeeping and security services in Egypt.

Growing demand for Integrated Facility Management: The demand for IFM is forecasted to increase in future majorly due to upcoming airport construction projects and increasing MNCs in the country. This will augment the demand for Integrated Services while creating space for more players to enter the facility management market. 

Increasing Constructional Activities: The Egyptian real estate market has been highly resilient to the political and economic instability experienced in the country but removal of fuel subsidies and flotation of the Egyptian Pound have led to increasing costs for short term contractors and affecting the overall market. The country is also experiencing rapid urbanization with an aim to reduce income disparity and to uplift the economy. It is expected that the Residential Supply will increase by 55,000 units and the Commercial Office Supply will increase by 76,000 sqm mainly due to the construction activities around New Cairo. The construction of both residential and commercial units will lead to an increase in demand for Facility Management services in Egypt.

Analysts at Ken Research in their latest publication “Egypt Facility Management Market Outlook to 2023- By Soft Services (Housekeeping, Security, Landscaping and Others); Hard Services (Electromechanical and Operational Maintenance, Fire Safety and Security Systems and Civil Maintenance) and By End User Sectors (Industrial, Commercial, Residential and Others)” believe that the facility management market in Egypt will increase owing to growth in real-estate sector, increase in Foreign Direct Investment in the country and upcoming smart city projects. The market is expected to register a positive CAGR of 9.6 % in terms of revenue during the forecasted period 2018-2023E.

Key Segments Covered
By Type of Services
Soft Service
Hard Service

By Type of Soft Service
Housekeeping (including cleaning)
Security
Landscaping
Others

By Type of Hard Service
Electromechanical and Operational Maintenance (including HVAC)
Fire Safety and Security Systems
Civil Maintenance

By Integrated Facility Services, Bundled Services and Single Services
Single Service
Bundled Service
Integrated Facility Management

By Personnel Type
In-house Personnel
Outsourced Personnel

By End User
Industrial
Commercial
Residential
Others

Key Target Audience
Facility Management Companies
Facility Management Solution Providers
Consultancy and Advisory Firms
Real Estate Developers
Construction Companies
Hospitals and Schools

Time Period Captured in the Report:
Historical Period: 2013-2018
Forecast Period: 2019-2023E

Companies Covered:
Contrack FM
Enova
EFS Facilities Management
IFMC - Apleona Group
Egypro-FME
CBRE
JLL
Qeema FM
G4S
Savills
ProService
Encorp Facility Management
Emdad Facility Management
Egypt Service

Key Topics Covered in the Report
Executive Summary
Research Methodology
Market Overview
Market Size, 2018
Market Segmentation, 2018
Trends and Development
Issues and Challenges
Regulatory Framework
SWOT Analysis
Competitive Landscape
Company Profiles of Major Players
Future Outlook and Projections, 2018-2023E
Future Segmentation, 2018 - 2023E
Analyst Recommendations

For more information, refer to below link:
Egypt Facility Management Market Outlook to 2023

Related Reports
Australia Facility Management Market Outlook to 2023 - by Single, Bundled and Integrated Services, by Soft (Cleaning, Security and Other Services) and Hard Services (Electromechanical, Operations and Maintenance, Fire and Safety), by End User Sectors

Indonesia Facility Management Market Outlook to 2023 - by Single, Bundled and Integrated Services; by Soft Services (Housekeeping, Security, Landscaping and Others) and Hard Services (Electromechanical Services, Operations and Maintenance Services, Fire Safety and Security Systems), by End User Sectors (Industrial, Commercial, Residential, Infrastructure and Others)

Contact Us:
Ken Research
Ankur Gupta, Head Marketing & Communications
Ankur@kenresearch.com
+91-9015378249
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Growth in Surveillance Industry Anticipated to Drive Global Face Recognition Device Market: Ken Research

Face recognition is a biometric or complex computer application which captures image. It is used to identify individuals by applying facial analytics and comparing it with an existing database. It is commonly used for security purposes, mainly in the surveillance field. Currently, it is also used to photo tagging, identifying age, refining search engine searches based on facial images, and ethnicity of a person in retail stores and identifying missing persons.

The key benefits are included improved level of security, easy to integrate with existing security features, help automate authentication, requires less processing compared to other authentication techniques and accuracy of readings has improves over time etc.

According to study, “Global Face Recognition Device Market 2019 by Manufacturers, Regions, Type and Application, Forecast to 2024” the key companies operating in the global face recognition device market are Cloudwalk, IDTECK Co Ltd., Aurora, CMOLO, Insigma Group, Adatis Co. KG, Herta, IDEMIA, Artec Group, SenseTime, Anviz, Cognitec Systems, EnterFace, Bioenable, ColosseoEAS. The increasing research & development (R&D) expenditure for innovative product launches is reinforcement the competition among the players of the global facial recognition market. The manufacturers are targeting towards business expansion by carrying out strategic mergers & acquisitions (M&A) in the global facial recognition market.

Based on type, face recognition device market is segmented into scanners, handheld devices, cameras, and integrated devices. Based on application, market is segmented into criminal investigation, intelligent signage physical security, homeland security, id management,web application, photo indexing & sorting, intelligent signage, business intelligence and others (VIP recognition, pc & banking login and automotive & phone). In addition, based on end-use, market is segmented into transportation, enterprise user, banking, financial services and insurance (BFSI), government & defense, healthcare, education, retail & ecommerce, automotive and others.

The face recognition device market is driven by growth in surveillance industry, followed by rise in technological advancements across industry verticals, increase in demand from government & defense sector, enlargement of commercial spending & unsolved high rate of criminal and rise in awareness of security. However, interoperability concerns and threat of privacy & data breaches may impact the market. Moreover, emerge in application of the facial recognition technology and growth in adoption of the cloud-based facial recognition technology are key opportunities for market.

Based on geography, the North-American region dominated the face recognition device market owing to increase in use of electronic devices that are equipped with this technology and rapid adoption of facial recognition technology in various government & non-government sectors in the region. Whereas, the Asian-Pacific and European regions are estimated to witness higher growth rate due to brisk development in technology and huge pool of players in the facial recognition over the forecast period. In near future, it is projected that the market will be reached at rapid pace on account of rise in adoption of facial recognition systems for security purposes and increase in investment for development of 3D technology during the forecast period. The worldwide market for Face Recognition Device is expected to grow at a CAGR of roughly 27.3% over the next five years, will reach US $4540 million in 2024, from US $1070 million in 2019.

For more information, click on the link below:
Global Face Recognition Device Market

Related Reports:
Global Face Recognition Device Market Status (2015-2019) and Forecast (2020-2024) by Region, Product Type & End-Use

Global Face Recognition Device Market Analysis 2013-2018 and Forecast 2019-2024

Contact Us:    
Ken Research                                   
Ankur Gupta, Head Marketing & Communications
Ankur@kenresearch.com
+91 9015378249
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Europe Machine Tools Market will be Driven by Modernization of Existing Industries in Western Europe and New Manufacturing Facilities in Eastern Europe: Ken Research

Europe Machine Tool Market by Type of Cutting Tools (Machining Centres and Flexible machines, Turning Machine, Laser and electric discharge machine, Milling machines, Grinding, honing, lapping and polishing machines, Transfer machines, Gear cutting and finishing machines, Drilling machines, boring machines, and boring-milling machines, Sawing and cutting-off machines), by Forming tools (Forging machines and hammers (including presses), Wire working machines, Bending, folding and straightening machines, Shearing, punching, notching machines), by end-users (Automobile Industry, Aerospace, Energy, Engineering, Electrical and Electronics, and Others) and by sales Channel (Distributor and Direct)
  • Italy is expected to register the highest growth among the top three largest Machine tool markets in Europe. It will be driven by high domestic demand and production in the economy.
  • Domestic production in Europe is expected to improve but will be largely driven by demand for exports within and outside Europe.
  • Germany may lose its position as the largest market for machine tools in Europe to Italy.
Expected Market Growth and Structure: The machine tools market in Europe is expected to register a decline in growth rate due to poor manufacturing scenarios. The impact of Brexit and tension related to trade between the US and China is expected to die down in view of the larger interest of the global economy creating a positive business environment suitable for promotion in the growth of manufacturing and demand for machine tools. The market is in a matured stage in the majority of the western European countries which were once the manufacturing hubs of Europe.
Europe Machine Tools Market
Role of Intelligent Automation, AI and Big Data: Investment in associated sectors such as AI, IoT, Cloud Computing, automation and their integration in machine tools will enhance the competitiveness of European machine tools companies. The development of additive technology is the major area where many European machine tool companies have enhanced their focus. European machine tools manufacturing units have a very strong focus on R&D and continuously adopt these developments in their product portfolio.
Improving Demand in Eastern European Countries: Western European factories rely on a reputation built on past success, most Eastern European factories are offering similar or advanced high standards. Eastern European countries offer many incentives to attract foreign investment and encourage companies to build new factories. High ethics standard and better compliance to standard laws among the Eastern European nation is the key factor of choice over Asian countries.
Analysts at Ken Research in their latest publication “Europe Machine Tool Market Outlook to 2023 by Type of Machine (Cutting and Forming), By End Users (Automobile Industry, Aerospace, Energy, Engineering, Electrical and Electronics, and Others) and by Sales Channel (Distributor and Direct)” expect that with introduction of new technology and growing demand from Eastern European Countries will have positive impact on the market. The focus on the development of high precision and intelligent machines will drive the demand for European manufactured machine tools. It is expected that European machine tools market will register a five year CAGR of 6.8% during the period 2018-2023.
Key Segments Covered:-
By Type of Machine Tools
Cutting Machine Tool
Forming Machine Tool
By End Users
Automobile Industry
Aerospace
Energy
Engineering
Electrical and Electronics
Others
By Sales Channel
Direct Sales
Distributor Sales
By Country
Germany
France
Italy
Switzerland
Time Period Captured in the Report:
Historical Period – 2013-2018
Forecast Period – 2019-2023
Key Companies Covered:-
Trumpf
DMG Mori Aktiengesellschaft
Schuler
Mazak
Gregory Fischer Machining Solution
Amada
Komatsu
Sandvik
Gleason
Flow International
EMAG
600 Groups
Heller
Chiron
Key Topics Covered in the Report:-
Executive Summary
Research Methodology
Value Chain in Europe Machine Tool Market
Europe Machine Tool Market Size, 2013-2018
Europe Machine Tool Market Segmentation, 2013-2018
Snapshot on Germany Machine Tool Market
Snapshot on Italy Machine Tool Market
Snapshot on France Machine Tool Market
Snapshot on Switzerland Machine Tool Market
Trends and Developments in Europe Machine Tool Market
Issues and Challenges in Europe Machine Tool Market
Competitive Landscape in Europe Machine Tool Market
Europe Machine Tool Market Future Outlook and Projections, 2019-2023
Analyst Recommendations in Europe Machine Tool Market
For more information on the market research report please refers to the link below:-
Other Related Reports:-
The report titled provides a comprehensive analysis on the Power Tools Market of Philippines. The report covers various aspects including introduction to Electric Power Tools Market, Value Chain Analysis, market segmentation, decision making parameters, porter five analysis, competitive landscape, major players and trends and developments. The report concludes with market projection and analyst recommendations highlighting the major opportunities and cautions.
Philippines Electric Power Tools market is an import driven market which is at its early growth stage. Power Tools market in terms of revenue has increased at a positive CAGR during the period 2012-2018. This growth was facilitated by the growing economy of the country, especially the construction industry along with rising demand from industrial and residential sector in the country. The electric power tools have a significant share in the overall power tools market in Philippines.
The customers in the market are price sensitive and lack awareness about the importance of power tools which has resulted in low penetration in the market. Electric Power Tools are used by both local manufacturers and construction companies in the country. However, people prefer purchasing from established players when compared to local manufacturers due to trust in quality of products and their existing brand image. Hence, the established players have majority share in the power tools market.
The report titled provides a comprehensive analysis on the Power Tools industry of Indonesia. The report covers various aspects including introduction on Indonesia power tools market, value chain, stakeholders in Indonesia power tools market ecosystem, market size by revenue (2013-2018), overall power tools market segmentation by type of technology, by region and by channel of distribution, further segmentation of electric power tools market by product, by corded and cordless tools, by application and by category of product, competition scenario in the electric power tools industry, shares and company profiles of major players, trade scenario, growth drivers, trends and developments, issues and challenges in the power tools market, decision making parameters, snapshot on pneumatic power tools industry and hydraulic power tools industry. The report also includes the future outlook for the market (2019-2023) including estimated market revenue, overall power tools market segmentation by type of technology, by region and by the channel of distribution and electric power tools market segmentation by corded and cordless tools and by an application.
The report is useful for manufacturers of power tools and new entrants in the sector to align their market-centric strategies according to ongoing and expected trends in the future.
The report provides a comprehensive analysis of the power tools market in India. The report covers various aspects such as overall size of India power tools market and each product category by revenue, segmentation on the basis of type of technology, source of energy, regions, application, end user, distribution channel and organized and unorganized market. The report also covers initiatives, certification requirements and industrial and labor laws by government sector, manufacturing clusters, decision making parameters by various end users and export and import scenario the industry. Additionally, the report offers prevalent trends, developments and restraints in industry. The report also covers the competitive landscape of the industry, market share of major players, and comprehensive profile of leading players operating in the market. Major macroeconomic indicators affecting the market have also been highlighted in the report. The report is useful for power tool manufacturers, dealers, sellers and other stakeholders to align their market centric strategies according to ongoing and expected trends in the future.
Indian Power tool industry is an import driven market with a large proportion of products imported in the country through countries such as China, Germany, UAE, Japan, Korea and others. Major players usually setup a plant in China but use German technology to built power tools equipment’s which is finally imported by India.
The report provides a comprehensive analysis of Vietnam pumps market. The report focuses on overall market size, segmentation by type of pumps (Centrifugal, positive displacement, submersible non submersible and others). The report also covers the overall competitive landscape and Market Share of Major Players. The report concludes with Key Metrics and Profiles regarding Major players of the Market.
Vietnam Pumps Market in terms of revenue has increased at a positive double digit CAGR during the period 2013-2018. Currently, the market is at growing stage, with few major companies operating in this space which has provided manufacturers the freedom to decide pricing patterns for various centrifugal and positive displacement pumps. End customers had mainly focused on important parameters such as quality, efficiency and after sales service of pumps rather than price while purchasing pumps. The increasing demand for Water filtration projects and new industrial Manufacturing units led to an increase in sales of Pumps in Vietnam. Global players started entering the market through 100.0% owned subsidiaries, some even stared Manufacturing Plants such as Ebara in the year 2013.
Contact Us:-
Ken Research
Ankur Gupta, Head Marketing & Communications
+91-9015378249
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Location: Europe

Competitive Scenario of the Worldwide It Financial Management Tools Market Outlook: Ken Research

The ITFM tools are effective that allows the technology leaders to maintain their business with the similar procedure fueled accuracy, financial visibility, and discipline as their company peers. In the other words, the IFTM tools effectively delivers the visibility into precisely what the IT is outlay. Think of them as the financial accounting for IT, an authoritative tool to comprehend how a company’s sources are being spent.
According to the report analysis, ‘Global IT Financial Management Tools Market 2019 by Company, Regions, Type and Application, Forecast to 2024’ states that in the worldwide IT financial management tools market, there are numerous companies which presently performing more actively for leading the fastest market growth and dominating the effective value of market share around the globe throughout the short span of time while developing the benefits of IT financial management tools, spreading the awareness related to such tools, establishing several research and development programs and studying the competitive strategies of the competitors includes Apptio, Upland Software, ServiceNow, ACCIOD, Digital Fuel, USU, Nicus, PMCS.helpLine Software Group and several others.
Not only has this, the large players in the worldwide IT financial management tools are effectively planning for acquiring the small enterprises for increasing the value of share during the review duration. The companies in this market are positively implementing the strategies of establishing new products with efficient productivity and benefits which further benefitted for increasing the demand across the globe and generating the great value of market share throughout the short span of time.
Whereas, “One of the foremost reasons to assume IT financial management tools is to gain the cost insight compulsory to develop a cost allocation/chargeback strategy that is transparent, and based on the actual costs of running the business,” enlightens Apptio partner 6fusion.
In addition, the IT financial management tools are effectively suggest an end-to-end integrated platform for all your back-office functions such as invoicing, accounting, expense management, inventory and tax compliance.
The standard comprehensive financial management tool geared towards the small and medium businesses and accountants. It supports you with the bank reconciliation, invoices, tracking expenses, payroll, and advancing reporting. The financial management tools offered both the cloud and on-premise solutions. For instance, on the more complex side, such tools offer a persuasive cause if you frequently deal with the great volumes. A small business with the restricted requirement might find IT financial management tool a bit devastating.
Most of the IT financial management tools effectively lets you make the professional recurring invoices, reconcile bank and credit card statements. It also cultivates businesses with the purchase and sales orders, contact management, payroll and inventor management.
Based on the region, the market of IT financial management tools is spread around the globe which majorly involves North America, Asia Pacific, Europe and several others. Whereas, it is predicted that the Asia Pacific region dominate the effective value of market share owing to the significant technological advancements and effectively increment in the applications of such tools.
Therefore, in the coming years, it is predicted that the market of IT financial management tools will increase around the globe over the near years more significantly.
To know more, click on the link below:-
Global IT Financial Management Tools Market Research Report
Contact Us:-
Ken Research
Ankur Gupta, Head Marketing & Communications
ankur@kenresearch.com
+91-9015378249
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Rise in Usage of Mechanization in Farmlands Anticipated to Drive Global Air Seeder Market: Ken Research

Air seeder is a machine that allows steady delivery from the seed-metering device to the seedbed through an air delivery technique. With the evolving civilizations & implementing improvisation in farming techniques, various tools and machines emerged to enhance productivity with ease. The Air Seeder is generally used to seed crops in a large field. It is easy to fill, clean and moves. It distributes the seed & fertilizer through the air stream to individual rows. The air seeder with attached sharp gears helps in digging and surface drilling. The cultivation tool including a blade, chisel, allows ground penetration. It needs less maintenance due to its less moving parts.  It is also being used to execute numerous precision agriculture management exercises. With GPS-equipped controllers, it can stop fertilizer and seed application while the machine moves over the land that has already been planted. Air seeder has an advantage over other types of planting tool as they can plant thousands of seeds in a minute, distributing them consistently & accurately which saves time & labor while planting the seeds. The key advantages are requiring less maintenance, make transport easier, and fertilizes at the same time while seeding.
Global Air Seeder Market
According to the study, “Global Air Seeder Market 2019 by Manufacturers, Regions, Type, and Application, Forecast to 2024” the key companies operating in the global air seeder market are CNH Industrial, John Deere, AGCO Corporation, Morris Industries, Great Plains, Amity Technology, Bourgault Industries. Vendors are directing on developing advanced seeding equipment that is higher capacity machines and requires low maintenance. Additionally, vendors are introducing varying innovations based on cropping practice, crop residues, soil type, tillage strategy, and the level of investment.
Based on type, the air seeder market is segmented into rear tow seeder bins, front-mounted bins, and implemented seeders. Based on the delivery system, the market is segmented into a single shoot, double shoot and opener choice. Based on seeding technology, the market is segmented into paired row spacing, ribbon seeding, and others. Based on working width, the market is segmented into less than 40ft, between 40ft to50ft, between 50ft to 60ft, between 60ft to 70ft, between 70ft to 80ft, between 80ft to 100ft and others. Based on the marketing channel, the market is segmented into direct marketing, indirect marketing, and air seeder customers. Based on the application, the market is segmented into wheat application, soybeans application, corn application, canola application, rice application, and others. In addition, based on the end-use industry, the market is segmented into the seed industry, fertilizer industry, and mix.
Their seeder market is driven by an increase in the usage of mechanization in farmlands, followed by a decrease in farm labor and growth inattention towards contract farming. However, the high price of air seeders may impact the market. Moreover, the rise in the development of smart seeders is a key opportunity for the market.
Based on geography, the North-American region dominates the air seeder market owing to the presence of multinational & regional manufacturers and growth in technological development in the field of agriculture equipment in the region. The European and Asian-Pacific regions are anticipated to witness higher growth rate due to an increase in agricultural land and the easy availability of agriculture equipment products over the forecast period. In the upcoming years, it is projected that the future of the market will be bright as a result of the rise in investments in agriculture sectors during the forecast period.
To Know More, Click On The Link Below:-
Related Reports:-
Contact Us:-
Ken Research
Ankur Gupta, Head Marketing & Communications
+91-9015378249
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Location: India
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