Growing Middle Class Population Coupled with Higher Internet and Mobile Penetration Rates to Drive Growth for Indonesia E-Commerce Logistics Market: Ken Research

 Government of Indonesia has declared infrastructure development by increasing the allocation for infrastructure up by approximately 50% to the value of 290 Trillion IDR. The infrastructure development include construction of 3,600 km of new roads, 15 new airports, 24 new seaports and railway network expansion by 3,258 km.

Government introduced new measures requiring online sellers- estimated over 10m to secure government permits in order to sell their products as well as mandating sellers to store information in local data centers. Stringent rules for handling of data, development of cloud computing and data centers is expected to boost e-commerce growth.

Alibaba: the Chinese e-commerce giant is planning to invest USD 3 Billion in Grab which would ensure large base of delivery fleet in Indonesia as well as in various other regions of South –East Asia.

Google and Temasek Holding Private Limited, an investment company owned by Singapore government is planning to invest in e-commerce company Tokopedia.

Impact of COVID-19: In order to ensure social distancing, the Pandemic has ensured e-commerce firms to register high online traffic for purchase of necessity goods. Online transactions are increasing by four folds, in order to capitalize the increase demand small firms are partnering with the existing e-commerce logistics partners and the large firms are outsourcing to support in-house delivery services. The effect of COVID-19 is transforming the retail sector and is facilitating substantial growth in e-commerce market of Indonesia.

Java is a major contributor in Indonesia for the growth of the market:  Java is classified as a major business hub of Indonesia as Jakarta, Bandung and Surabaya are home for large number of manufacturing companies. Major proportion of goods are produced here and shipped to other parts of the country. In addition to this, Jakarta is expected to retain its position of largest contributor in terms of demand of e-commerce products.

Changing Customer Preferences: Due to growing trend of consumer preference towards fast delivery and with players expanding their market to other cities, the market for E-Commerce logistics is expected to significantly improve in future. Moreover, the growing trend for online food delivery and grocery is also anticipated to augment the demand for fast delivery. The improving lifestyle of people and growing young population in the country is expected to transform the demand of these products.

Analysts at Ken Research in their latest publication " Competitive Landscape of Top 8 Indonesia E-Commerce Logistics Companies and Leading 5 E-Commerce Marketplace Platform: Basis GMV, GMV Split, Order Volume, Shipment Profile, Logistics Cost, Network, Fleets and Customer Profiles" observe that E-commerce Logistics Market of Indonesia is to grow at decent pace which is backed by emerging e-commerce players in the country. Covid-19 outbreak has further accentuated the growth of the market by shifting major retailers on online platform for sustenance in the market.

Key Target Audience:

3PL Logistics Companies

Integrated Logistics Companies

E-Commerce Marketplace Platform

Retail Companies

Logistics/Supply Chain Industry Associations

Time Period Captured in the Report:

Outlook Period: 2019 to 2025

E-Commerce Logistics Companies Mentioned:

Lazada Express

JNE

Sicepat

Ninja Express

Lion Parcel

Wahana Express

Paxel

J&T Express

E-Commerce Marketplace Platform Mentioned

Tokopedia

Shopee

Lazada

Bukalapak

Blibli

Key Topics Covered in the Report

Indonesia E-Commerce Logistics Market (Overview and Genesis, Ecosystem of Indonesia E-Commerce & E-Commerce Logistics Market)

Market size of Indonesia E-Commerce Market (2019-2025)

E-Commerce Shipments per day (2019-2025)

Market segmentation by B2C & C2C E-Commerce

Market segmentation by sourcing- region

Market segmentation by delivery- region

Market segmentation by volumetric weight, Challenges in E-Commerce Logistics market) 

Competitive Landscape

Cross Comparison of E-Commerce Logistics Companies

Cross-Comparison of E-Commerce Players

For More Information on the Research Report, Refer To Below Link:-

E-Commerce Logistics Market in the Indonesia

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Competition Benchmarking of Top Logistics Players in KSA in Transportation, Warehousing, 3PL, International Express, Domestic Express, Automotive, Pharma, Oil and Gas and Retail Logistics

Philippines Logistics Market Outlook to 2024 (Sixth Edition) – By Sea, Land, and Air Freight Forwarding; By Warehousing (Industrial/ Retail, ICD/CFS, Cold Storage, Agriculture), By End Users; By Cold chain market (Cold transportation and Cold storages)

Competition Benchmarking of Top Logistics Players in UAE in Transportation, Warehousing, 3PL, International Express, Domestic Express, Automotive, Pharma, Oil and Gas and Retail Logistics

Contact Us:-

Ken Research

Ankur Gupta, Head Marketing & Communications

Ankur@kenresearch.com

+91-9015378249

Consolidation among Pharmacy Chains along with Rising Per Capita Health Spending has Augmented the Growth of Malaysia Pharmacy Retail Industry: Ken Research

Growing Service Portfolio: Pharmacy retail chains in Malaysia have established their online stores for customer convenience. Major companies in Malaysia have their E-stores and make deliveries in segments such as Vitamins & Minerals, Health Supplements and Personal Care items. The rising demand of online retailing bridged the gap between the pharmacies and customers as growth in internet penetration coupled with improving logistic landscape has complemented the growth in sales of pharmacy retail market via their e-stores.

Per Capita Health Spending: Per Capita Healthcare Spending in Malaysia has seen exponential growth with the rising number of prevalent diseases in the country. Exponential growth was seen in spending on nutrition health supplements, hair care, skincare & other personal care products from USD 400 to ~USD 450 in 2019 in Pharmacy & Personal Care Sector in Malaysia. Spending by Malaysians has increased over the years with a CAGR of 2.3% during 2013-2018 in terms of Per Capita Health Expenditure.

Separation of Dispensing & Prescription Rights: Malaysia has no clear boundary between the Dispensing and Prescription rights of doctors & Pharmacists. The role if done by separate parties would help patients in gaining benefits from the advice provided by the pharmacists on adequate medicine consumption. The rights are applicable in public sector, however still not approved for private health sector of the country. The proposed idea will ensure more participation from Pharmacists in the country, ensuring customer satisfaction.

Impact of COVID-19 on Malaysia Pharmacy Retail Industry: COVID19 has severely impacted all the industries in Malaysia. Pharmaceutical Association of Malaysia assured public with continuous supply of essential products and services amidst the Movement Control Order (MCO) being introduced by Federal Government of Malaysia to control COVID19 impact. Customer footfall at the Pharmacy outlets increased as a result of Panic buying with the lockdown announcement. However, it saw decline of 40%-50% in terms of customer footfall in the country during lockdown. Non-Pharmaceutical products such as Sanitizers, Personal Care Medications, Masks and other essential items saw surge in the demand among customers in Malaysia with an increase of 10%-15% in terms of number of online delivery of such products in the country.

Analysts at Ken Research in their latest publication “Malaysia Pharmacy Retail Market Outlook to 2025- By Market Structure (Organized & Unorganized), By Location (Mall Based & High Street),  By Product Sales (Prescribed Drugs, Generics, Non Pharmaceutical Products, Medical Equipments), By Drug Type  (Patented & Generics) and By Therapeutic Areas”,  the Malaysia Retail Pharmacy Market has been increasing due to increasing geographical presence of pharmacy outlets, rising number of pharmacists along with expansion in value added services offered by major players to sustain and increase their user base in the country. The market is expected to register a positive CAGR of 9.3% in terms of revenue during the forecast period 2020-2025.

Key Segments Covered:-

By Market Structure (Number of Pharmacy Outlets & Revenue in USD Mn)

Organized

Organized Mall Based

Organized High Street Stores

Unorganized

Unorganized Mall Based

Unorganized High Street

By Location (Number of Pharmacy Outlets & Revenue in USD Mn

Mall Based

Prescribed Drugs

Over-The-Counter

Non Pharmaceutical Products

Medical Equipments

High Street

Prescribed Drugs

Over-The-Counter

Non Pharmaceutical Products

Medical Equipments

By Product Sales

Prescribed Drugs

Over-The-Counter

Non Pharmaceutical Products

Medical Equipments

By Sales

Patented Drugs

Generics

By Region

Selangor

Johor

Kuala Lumpur

Sarawak

Others

By Therapeutic Areas

Anti-Infective

Cardiovascular

Pain/Analgesics

Vitamins/Minerals/Nutrients

Antibiotic

Respiratory

Gastro Intestinal

Gynaecology

Neuro

Others

Companies Covered:-

Watsons Malaysia

Guardian Pharmacy

Caring Pharmacy

Alpro Pharmacy

Healthlane Pharmacy

Multicare Pharmacy

AM PM Pharmacy

Cosway Farmasi

Aeon Wellness

AA Pharmacy

Key Target Audience:-

Pharmaceutical Manufacturing Companies

Pharmacy Retail Companies

Independent Pharmacies

Industry Associations

Regulatory Bodies

Telemedicine Companies

Pharmaceutical Distributors & Wholesalers

Time Period Captured in the Report:-

Historical Period – 2013-2019

Forecast Period – 2020-2025

For More Information on the research report, refer to below link:-

Malaysia Pharmacy Retail Market

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India E-Pharmacy Competition Benchmarking Report - A detailed analysis of major E-Pharmacy players in India

Kuwait Retail Pharmacy Market Outlook to 2022 - By Type of Pharmacy (Pharmacy Chains, Independent Pharmacies and Hospital/Clinic Based Pharmacies); By Type of Drugs (Cosmetics, Food Supplements and Drugs), By Type of Sales Channels (Offline and Online)

India Diagnostic Laboratories Market Outlook to FY’2025- By Government and Private Labs, By Radiology and Pathology, By Organized and Unorganized Players, By Business Model (Standalone, Hospital Based and Diagnostic Chains), By Cities (Tier I, Tier II and Tier III cities) and By Payment Method (Out of Pocket Expenditure, Insurance based and Corporate Spending

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

Dissimilar Trends And Developments Across Global Returnable Packaging Market Outlook: Ken Research

Returnable packaging, also known as reusable packaging, which is majorly constructed with the help of the usage of robust cloth consisting of wood, plastic, and steel. These are styled to withstand rough handling over the whole deliver chain to achieve various trips with the same packaging. During transportation, product damage substantially gets decreased via the software of returnable packaging due to its robust nature. This issue has additionally been attracting corporations toward the returnable packaging products. Because of its commendable application the returnable packaging is gaining commendable expansion in the end-use industries like automotive, healthcare, food & beverage, and consumer durables etc.

According to the analysis,’ Global Returnable Packaging Market to reach USD 61.32 Billion by 2026’ Companies are increasingly providing pallet renting programs to end-use companies, wherein, a pallet manufacturer delivers, tracks, and collect pallets. Such services permit the end-use companies to rent pallets instead of complete ownership that helps them to decrease the material handling value. Key companies are trying to consolidate their market position primarily through merger & acquisition strategy. Apart from this, companies are quickly incorporating tracking devices, like RFID tags, to track the RTP products over their supply chain to minimize product losses. Some key market players in the global returnable packaging market are Brambles, Schoeller Allibert, Menasha Corporation, DS Smith, Myers Industries, Nefab Group, Rehrig Pacific Company, IPL Plastics, Schutz GmbH & Co. KGaA and Vetropack Holding. In food and beverage industries, the returnable packaging helps in raising efficiency of product, requires limited storage space, cut downs labor cost and follow environmental implications. Thus, rising growth in food and beverage industries across the globe and remarkable offering of returnable packaging in such industry is driving the growth of market over the forecast years. For instance: As per Statista, food packaging material market is valued at USD 292.91 billion in 2018 and is expected to grow USD 423.27 billion till 2025.

The geographical distribution of global returnable packaging market is divided into key regions including Asia Pacific, North America, Europe, Latin America, and Rest of the World.  North America is anticipated to be the fast-growing market throughout the forecast amount. Rapidly expanding consumer markets and abundantly available natural resources are the major factors driving the market in this region.  In Asia-pacific, China and India are predicted to contribute significantly during the forecast period mainly due to rapid growth in industrialization and manufacturing activities. The detailed segments and sub-segment of the market are explained as follows By Product Type into Pallets, Crate, Intermediate Bulk Containers (IBC), Drums and Others. By Material into Plastics, Metal, Wood, Glass and Foam. End-use Industry into Automotive, Food & Beverages, Consumer Durables, Healthcare and Others.

Also, returnable packaging merchandise is perfect for the duration of the transportation of high quantity shipments with frequent deliveries, over the shorter distances. Moreover, those must be employed while there is a committed delivery issues to avoid harm to the packaging. These are used in case of common shrinkage or product harm, high priced expendable packaging, and for the disposal of the excessive quantity of solid waste. Therefore, rapid growth in transportation and logistics industries is expected to accelerate the growth of market over the forecast year.

For More Information refer to below link:-

Global Returnable Packaging Market

Related Report:-

Global Returnable Transport Packaging (RTP) Market 2020 by Company, Regions, Type and Application, Forecast to 2025

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

Social Research Organizations in India: Ken Research

 Research is an effective tool to support and influence decision making. Those functioning in the sector utilize their knowledge and proficiency to deliver the organizations with the confirmation demanded to make conversant, confident opportunities. It is essential for all the forms of organizations, involving businesses, the government, and the third segment. Research is significantly utilized in a variety of dissimilar forms and it is an essential portion of the marketing cycle.

Ken Research as effective Social Research Organizations in India is focused on experiencing practical, tangible insight and learning. We design, provide and construe bespoke, mixed-approach, innovative research to generate a sense of complex conditions. In addition, we utilize the approaches varying from speedy evidence review, calls of evidence, interviews, surveys, and aim groups to ethnographic approaches and several others. We function to speedily scope what’s already well-known so we can am on experiencing the fresh and interesting.

Not only has this, but Ken Research also concentrates on Nationwide and great scale surveys for non-profit, non-government organization, indigenous government, and central government across India, Asia Pacific, UAE, Saudi Arabia with the benefit of telephone survey performances or statistically laborious face-to-face or door to door sample survey method or hybrid method (mix of any). Program Monitoring & Evaluation, Necessity and Initiative Impression Assessment, Public Opinion, Public Policy efficacy measurement, IEC research, and designing are commenced by Ken Research under Social Research Campaigns Ken Research preserve extensive countrywide field agents that are trained, briefed, and observed by local supervisors and partners via software and agent dashboard. This permits for larger or more compound surveys to be cost-effective and fast, nevertheless of whether they are done utilizing CAPI or paper-based methods (PAPI).

Our work is reinforced by a commitment to confirming that taking part in the research is a sanctioning observation. The usage of the analytical frameworks support us to test hypotheses, explore research interrogations, and recognize the tangible insights and learning which take our research productivities from the descriptive, to pragmatic. Moreover, we function from the outset to improve the recommendations that have buy-in from accurate individuals to make them happen. Performing with several entities we support you to interconnect your research findings in a clear and compelling manner.

Ken Research offers a variety of products and services for the organizations included in the social and cultural space. We cater to several clients from the following verticals such as

The populace, family welfare, and planning,

Microfinance companies

Rural and Urban development

Environmental status

Healthcare institutions

Women empowerment

Health and nutrition

Defense and security mechanism

Housing finance support services

Resident survey

Furthermore, we have a sturdy team of experts that are well competent with understanding the societal situations and deliver support for Statistical and econometric Analysis of Data. Ken Research has been functioning with renowned social workers, social scientists, researchers, health, and improvement economists who support generating high-quality evidence on developmental effectiveness to develop the lives of deprived people across the globe.

For More Information on the Post, refer to the below links: –

Top Social Media Research Companies

Contact Us: –

Ken Research

Ankur Gupta, Head Marketing & Communications

Ankur@kenresearch.com

+91-9015378249

Increasing Requirement for Indoor Plants Market Outlook: Ken Research

 The Indoor plants (also well-known as houseplants) are those plants which naturally are increased in the houses and offices and are principally utilized for decorative purpose, however presently they are also optimized to develop the indoor air superiority. Some of the communal indoor plants are cactus, epiphytes, and succulents. Such indoor plants are tremendously convenient as they keep the indoor air pure, remove pollutants, and also decrease the rate of house air pollution. Such plants do demand suitable pots and fertilizers. When such plants are kept at houses or offices, they must be delivered precise care of moisture, temperature, light, moistness, fertilizers, soil mixture, pest control and potting.

Such indoor plants are very convenient as it keep the house air pure, eliminate pollutants, and also reduction the rate of the indoor air pollution. Such plants do demand the proper pots and fertilizers. The Shade- loving plnats, great light plants and lower light plants are some of the mutual forms of the indoor plants.

According to the report analysis, ‘Global Indoor Plants Market to reach USD XXX million by 2026’ states that with the eruption of COVID-19, the strict guidelines executed by the government on the undertaking of people, goods & services which have a undecorated impact on the requirement of indoor plant thus, upsetting the growth of market throughout this hard time of COVID-19 pandemic. The effective growth in the air pollution majorly in metro cities, overview of fresh assortment of indoor plants by the market players and developing the standard of living amongst people are the few aspects accountable for great CAGR of the market over the review period. For instance, during June 2019, Leafy Palo Alto has familiarized its fresh collection of indoor plants. This fresh collection has an interesting display, which is apt for beautifying and gifting determination.

Similarly, during June 2017, Tesco pioneered its fresh collection of indoor tomato plant. This is particularly envisioned for the people living in urban locations who wants to increase their own vegetable and do not have their own gardens. Such initiatives taken by market players are projected to quicken the growth of indoor plants market across the world. However, the complications connected to the molds and fungus owing to inappropriate light is one of the foremost constraining aspects to the market growth over the review duration of 2020-2026.

The regional analysis of worldwide Indoor Plants market is considered for the foremost regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. However, the North America is projected to be leading region owing the effective development in the infrastructure, increasing disposable income and wide transform in living lifestyle of consumers. Moreover, the Asia Pacific region also predicted to dominate the market due to improving standard of living among several individuals and strict regulations implemented by the government.

Nonetheless, due to the ability to decrease the carbon dioxide level, help in decreasing the stress, remove pollutants likewise formaldehyde, trichloroethylene and benzene will accelerate the market growth more effectively over the coming years.

For More Information, Click on the Link Below:-

Global Indoor Plants Market

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Global Indoor plants Market Status (2015-2019) and Forecast (2020-2024) by Region, Product Type & End-Use

Global Indoor plants Market Status and Future Forecast 2015-2025

Contact Us:-

Ken Research

Ankur Gupta, Head Marketing & Communications

Ankur@kenresearch.com

+91-9015378249

Increasing Trends Across Global Dect Phones Market Outlook: Ken Research

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The DECT phones are electronic devices that are utilized for communication in several areas likewise offices, houses, public places, and numerous others. The DECT system comprises of a base station and a wireless handset. The base station converses with the handset through the radio waves and functions in a quantified range.

According to the report analysis, ‘Global DECT Phones Market to reach USD 22.38 Billion by 2026’ states that the worldwide impact of COVID-19 harmfully impacts several industries and manufacturing units around the world along with hinder the import and export of indispensable raw materials such as wires, fibers, rubber and several others from foreign regions. Therefore, it may impressions in faintly slow down of the market. The DECT phones have an extensive range of application in commercial segments and offices to communicate professionally within the organizations & several departments of the organization. Thus, speedy growth in industrialization and urbanization is projected to influence the growth of the market over the review years. For instance: According to the Association of Equipment Manufacturer, the U.S construction industry is projected to increase with 1% annually and it is found as augment of 1.1% in 2017 and 1.9 percent during 2018. Similarly, as per the National Investment Promotion & Facilitation Agency, the construction industry across India is projected to reach up to USD 738.5 billion till 2022. In addition, the effective growth in the adoption of advanced technology and the convenient portability of DECT phones is projected to influence the growth of the market over the review years. However, the intrusion caused by other signals and widespread implementation of smartphones over DECT phones is encumbering the growth of the market to a momentous extent.

Moreover, the organized and worldwide players across the DECT phones market are proficiently working for leading the highest market growth and registering the handsome value of market share around the globe during the upcoming years while delivering better consumer satisfaction, increasing the applications of such, employing the young workforce, analyzing and studying the strategies and policies of the government as well as competitors and several others. Not only has this, strategies such as joint ventures, mergers, and acquisitions, partnerships, amalgamations, new product development and several are performed by the great players for obtaining a competitive edge across the globe and generating a high percentage of revenue during the shorts span of time.

Although, the regional analysis of the worldwide DECT Phones market is considered for the foremost regions such as Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America is the leading/noteworthy region around the world in terms of market share due to the increasing requirement for DECT phones from the commercial segment. Whereas, the Asia-Pacific is also projected to exhibit the greatest growth rate / CAGR over the forecast duration of 2020-2027. Aspects such as speedy industrialization, augmentin disposable income, and proficient innovation in DECT phones within the economy would generate lucrative growth prospects for the DECT Phones market around the Asia-Pacific region. Therefore, in the near years, it is anticipated that the market of DECT phones will increase around the globe more effectively over the coming years.

For More Information on the Research Report, refer to below links: -

Global Dect Phones Market Analysis

Related Report:-

Global Enterprise DECT Phones Market Report 2020 by Key Players, Types, Applications, Countries, Market Size, Forecast to 2026 (Based on 2020 COVID-19 Worldwide Spread)

Contact Us:-

Ken Research

Ankur Gupta, Head Marketing & Communications

Ankur@kenresearch.com

+91-9015378249

Profitable Insights Of Global HUD Helmet Market Outlook: Ken Research

HUD helmet is a technology that assimilates a couple of capabilities and capabilities into one device, i.e., the helmet. HUD Helmet generation permits the rider to access real-time records approximately the overall performance of motorcycle's and jogging situations, such as the on-street conditions, by means of supplying them on the helmet's glass. Admittance to all the crucial statistics will no longer simply lessen interruptions even as driving however also helps the rider to revel in greater luxury and comfort. These helmets are rapidly gaining popularity among bicyclists and motorcyclists for enhanced security, safety, and comfort. They are also being widely used in various sporting events as well as for military and fire fighting purposes.

The study analysis of, “Global HUD Helmet Market to reach USD 289.27 Million by 2026” Companies are focusing on enhancing the functionalities of smart helmets through product innovation, development of integrated communication, and navigation solutions in an attempt to meet customer expectations. The market is currently in the introduction phase and emerging players are concentrating on integrating multiple next-generation technologies such as Head-Up-Display (HUD), sensor integration, Augmented Reality (AR), and Internet of Things (IoT) to expand their product portfolio, customer base, and geographical presence. Key market players include NUVIZ, Inc., Digilens Inc., SKULLY Technologies, Reyedr, Bike systems, Intelligent Cranium Helmets LLC (ICH), Livemap, Nolan Communication System, Crosshelmet and Whyre. The market is further segmented are explained as follows By Component Type into Hardware and Software. By Outer Shell Material Type into Carbon Fiber, Plastic & Glass Fiber and Kevlar. By Connectivity Type into Tethered System and Embedded system. By Display Type into Liquid Crystal on Silicon (LCOS) Display, Liquid Crystal Display (LCD) & Light Emitting Diode (LED) and Organic Light-Emitting Diode (OLED) Display. By Technology Type into Conventional HUD and Augmented Reality (AR) HUD. By Power Supply Type into Rechargeable Batteries, Solar Powered Supply and Vehicle Battery Powered. By Function Type into Navigation, Communication, Performance Monitoring and Others.

The regional analysis of global HUD Helmet market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America is currently leading the market on account of high disposable income, increased awareness, and stringent regulations. Safety standards such as the United States Department of Labor - Occupational Safety and Health Administration standards and Personal Protective Equipment (PPE) at work regulations are anticipated to further boost the growth. Meanwhile, Asia Pacific is expected to emerge as the fastest-growing regional market for smart helmets over the forecast period. Increasing sales of two-wheelers, rapid urbanization in developing economies such as India and China and the growing manufacturing sector in the region are expected to be the major growth drivers for the regional market.

Moreover, increased focus on reducing the use of mobile phones while riding has created a major opportunity for the development and commercialization of innovative, feature-rich, and advanced smart helmets. Additionally, growing product adoption by bike riders coupled with increasing sales of motorbikes is anticipated to create significant growth opportunities for the market in the upcoming years. Thus, the Global HUD Helmet Market will increase in coming years.

For More Information refer to below link:-

Global HUD Helmet Market

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

Growing Trends in Worldwide Light Switches and Electrical Sockets Market Outlook: Ken Research

 The Light switches and electrical sockets are power devices that enable the electric equipment to be connected to the alternating current (AC) power source. Such switches and sockets are utilized for creating protected electric connections in equipment and machines, which function on wide variety of voltages and frequencies. They have a great influence strength and deliver the superior resistance to the flow of electric current. They diverge in voltage & current rating, size, shape and form of connectors.

According to the report analysis, ‘Global Light Switches and Electrical Sockets Market to reach USD 18.5 million by 2026’ states that the effective increment in the construction and advancement activities, speedy growth in residential switches & socket installation and prominent augment in the demand for dust-proof & splash-proof sockets are the few aspects responsible for great CAGR of the market over the review period. For instance, according to the International Construction Market Survey, the growth rate of construction industry across the globe during 2017 was projected nearly 3.5% and it grew to nearly 3.9% during 2018. Similarly, as per the survey of Department of Industrial Policy and Promotion (DIPP) across India, Foreign Direct Investment gathered in Construction Development sector (housing, townships, construction improvement projects and built up infrastructure) from April 2000 to December 2018 upgraded USD 24.91 billion. This, in turn, is projected to quicken the growth of light switches and electrical sockets market across the world. Amidst the COVID-19 outbreak, the government puts a severe actions on the movement of individual goods & services which have a far more unadorned impression on the electronic industry thus, distressing the production as well as unsettling the supply of light switches and electrical sockets therefore, impacting the market growth. However, the great maintenance cost and complex installation procedure are some foremost factor constantly restricting the market growth over the review period of 2020-2026.

The organized players such as Legrand, Schneider Electric, Siemens AG, ABB Group, Panasonic Corporation, Honeywell International Inc., Leviton Manufacturing Company, Inc., Simon Electric Pvt. Ltd, Lutron Electronics, Inc., and Feidiao Electrical Appliances Co., Ltd. across the wide-ranging light switched and electrical sockets market are implementing the strategies and policies of joint ventures, mergers and acquisitions, amalgamation, partnership and several other for leading the highest market growth and generating the highest percentage of revenue.

However, the worldwide Light Switches and Electrical Sockets Market is worth approximately at USD 13.3 million during 2019 and is projected to increase with a growth rate of more than 4.8% over the review period of 2020-2026. Whereas, the regional analysis of worldwide Light Switches and Electrical Sockets market is measured for the foremost regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. The North America is the leading/significant economy around the world in terms of market share due to speedy growth across construction segment, as well as the existence of significant amount of market players across the region. Whereas, the Asia-Pacific is projected to exhibit greatest growth rate / CAGR over the review period of 2020-2026, owing to speedy urbanization, growing expenditure on infrastructural development, and obtainability of affordable housing projects around the region. Therefore, in the near years, it is predicted that the market of light switches and electrical sockets will increase around the globe more effectively over the incoming years.

For More Information, Click on the Link Below:-

Global Light Switches and Electrical Sockets Market

Related Reports:-

Global Light Switches and Electrical Sockets Market 2019 by Manufacturers, Regions, Type and Application, Forecast to 2024

Global Light Switches and Electrical Sockets Market 2018 by Manufacturers, Regions, Type and Application, Forecast to 2023

Contact Us:-

Ken Research

Ankur Gupta, Head Marketing & Communications

Ankur@kenresearch.com

+91-9015378249

Career Point” aims at strengthening their E-learning Portfolio through acquisition of “Schoolnet India”, the education arm of infrastructure financier” IL&FS”: Ken Research

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• In November 2019, “Career Point Publications Ltd (CPPL)” emerged as the sole bidder for the education assets of “IL&FS” for 80% ownership in “IL&FS Skills Development Corp”. held by Schoolnet India
• However in February 2020, the sale hit a roadblock as one investor refused to sell a stake to Career Point and restricted “IL&FS” from concluding the sale of the education business. The “IL&FS” Group sold a 73.69% stake in its education business, held under “Schoolnet India” Ltd. (SIL), to “Falafal Technologies Pvt. Ltd.” (FTPL) during the same time period.
• Currently, Career Point has “Plancess Education” under its umbrella for its Ed-tech solutions. The firm acquired the company in early 2019.

COVID Impact on Career Point: Though the immediate impact appeared to be negative on some of the business units mainly due to closure of physical study centers/campuses, the management took a quick decision. The company leveraged its technical solutions from the acquisition of “Plancess Education” in 2019 to deliver uninterrupted classes and lectures to its students in online mode during the pandemic. Career Point launched their e-learning project – eCareerPoint App– in midst of the crisis. Very quickly, Career Point achieved its top position in online coaching among other Kota coaching institutes.

Growth in Revenue for FY’19-FY’20: In FY’2019-FY’20, the company reported income from operations of ₹104.6 crores on a consol basis and ₹52.1 crores at the standalone level. Total revenue, including other income, is reported of ₹109.9 crores on a consol basis and ₹ 72.8 crores at the standalone level. Revenue from operations grew mainly on the account of increased income from Srajan Capital (NBFC subsidiary) and one-off income in Gyan Eduventure (wholly owned subsidiary).

Decrease in Student Enrolment in Tutorial Division: With the increased competition, decentralization of the tutorial student the company is facing a decli0ne in student enrolments in the tutorial division for the past 5 years especially in the short term course category. The decline in tutorial division registered a CAGR of -10.3% for the duration FY’2015-FY’2020, whereas formal education enrollments grew with a CAGR of 19.0% for the same duration

Analysts at Ken Research in their latest publication " Career Point- A Detailed Analysis of Company’s Potential Growth in Future " observed that Career point needs to focus on key areas such as the opening of more company-owned branches, penetration into rural market, and diversification of product portfolio in order to facilitate remote learning and to expand their student base across India, which will promote the growth of the company in a more structural & organized way by increasing the reach of their services to underpenetrated areas.

Key Target Audience: -

Investment Bankers

Ed-Tech Players

Educational Institutions

Government/Regulatory Bodies

Education Industry Associations

Time Period Captured in the Report:

FY’2018-FY’2023P

Companies Mentioned:

Career Point Private Limited

Key Topics Covered in the Report: -

Overview of the Education Industry in India (Including Number of Schools in India, Recent Trends and Developments in the Education Sector, Allocation of Educational Budget by the Government), National Education Policy(Overview of the National Education Policy, Key highlights of the Policy, Gross Enrolment Ratio of Students in the Sector)

Financial Analysis of Career Point (Including Total Revenue, Growth of Revenue (%), Total Expenses, Earnings before Tax & Extraordinary Items, Earnings after Tax (Net Income), Growth of Net Income (%), EPS, and 3 Year Future Cash Flow Analysis and total Revenue Estimates(Discounting Factor Method)

Business Overview of Career Point (Including Business Evolution Timeline, Business Services and Offerings, Key Developments, Management Shareholding Pattern, Business Model: Higher and School Education, Subsidiaries)

Career Point SWOT Analysis and Analyst Recommendations

For More Information on the research report, refer to below link: -

Growth of Career Point in Revenue

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India Ed-Tech Driven Career Programs Market Outlook to 2025 – Increasing Technological Capabilities of Ed-Tech Companies to Increase Program Enrolments and Spend in Future

Working Professional & Ed-Tech/University Paradigm Analysis for Online Up-skilling/Re-Skilling Programs during COVID-19 period

Online Education Market in India (2018-2023)

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