North America Dairy Alternatives Industry, Covid-19 Impact, By Application (Milk, Cheese, Yoghurt, Ice Creams), By End User (Food and Beverages, Nutraceuticals, Health and Wellness, FMCG): Ken Research

North America Dairy Alternatives market by Enduser industry

The North America Nutraceuticals and Health & Wellness Industry is expected to grow at positive CAGR of ~% in 2017-2021 and is expected to reach ~USD Bn by 2027F. The ongoing covid-19 pandemic has accelerated the demand for health products, particularly immunity-boosting food and beverages, bolstering Nutraceutical and Health & Wellness industry growth significantly. Additionally, this rising consumer demand is opening up new opportunities for food & beverage manufacturers across North America.

Product launches in the health segment have traditionally focused on convenience and specific food categories that offer the consumer a health boost. These include dairy-free products and beverages as well, for example dairy-free yoghurt, and milks with nutritional supplements. There are many other possibilities that can be explored in future. Furthermore, rising consumer awareness about the side effects of chemical/synthetic content in cosmetics is driving the manufacturers to create natural products, resulting in an increasing growth of FMC industry in coming years.

Competition Scenario In North America Dairy Alternatives Market

The Competition is Highly Competitive or Fragmented. There are only few companies in North America that offer a diverse range of dairy alternatives, however they are facing stiff competition from other players who offer a limited range of dairy alternatives. Companies are increasingly adopting advanced technology, such as fermentation technology to enhance the taste, and texture of product. Companies are competing on various parameters such as Partnerships and New Products.

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What is the Expected Future Outlook for the Overall Dairy Alternatives in North America?

The revenues generated by dairy alternatives market players in North America are projected to augment to ~ by 2027 from ~ during 2022, registering a robust CAGR of ~ during the same period. The rising Consumer interest in sustainable agriculture and food production systems, as well as the resulting demand for plant-based alternatives, are paving the way for the development of new products with distinct sensory properties. For example, incorporating polysaccharides into cheese formulations to increase moisture content, could modify its properties, such as adhesiveness, meltability, and flavour release. Also, the addition of plant proteins such as soy and pea could also result in softer cheeses.

Growing popularity of clean label products and increasing use of plant ingredients are expected to drive market growth in the coming years. Plant-based food & beverages will see a counter-trend in the forthcoming years, with more nutritious values. For instance, the dairy-free ice cream market has effectively reoriented itself by proposing high protein, a low sugar options, which transforming the concept of ice cream as an indulgence without guilt.

Advances in ingredient technology and processing are gradually fueling the growth of dairy alternatives. For instance, fermentation technique is helping to improve taste, and texture, while also meeting customer expectations and increasing acceptance. Furthermore, government legislation prohibiting animal testing for cosmetics and the banning of numerous dairy products for noncompliance with standards will also fuel the market growth of dairy alternatives in the forthcoming years.

Key Segments Covered in North America Dairy Alternatives Market:-

North America Dairy Alternatives Market By Source

Soy

Almond

Oats

Coconut

North America Dairy Alternatives Market By Application

Milk

Cheese

Yoghurt

Ice Creams

North America Dairy Alternatives Market By Formulation

Plain

Flavored

North America Dairy Alternatives Market By Type of End User Industry

Food & Beverages

Nutraceuticals, Health and Wellness

FMCG

North America Dairy Alternatives Market By Geography and Major Countries

U.S.

Canada

Mexico

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Key Target Audience

Non-Dairy Products Manufacturers

Vegan Dairy Products Manufacturers

Lactose-Free Products Manufacturers

Raw Material Suppliers for Non-Dairy Products

Potential Investors in Plant-Based/Vegan Food and Beverages

Plant-based Food & Beverages Distributors

Dairy Alternatives Advocacy Groups

Time Period Captured in the Report:-

Historical Period: 2017-2021

Forecast Period: 2022-2027F

Companies Mentioned:-

Key Competitors in North America Dairy Alternatives Market

Danone

SunOpta Inc.

Blue Diamond

Daiya Foods Inc.

Oatly Inc.

Sahmyook Food

Earth's Own Food Company Inc.

Pacific Foods of Oregon, LLC.

Eden Foods Inc.

Kite Hill

Emerging Dairy Alternatives Companies in North America

Miyoko’s Creamery

Betterland Foods

New Culture

Nuts for Cheese

Bettermoo(d)

BetterMilk Inc.

Heartbest

Sigma Alimentos

Key Topics Covered in the Report:-

Snapshot of North America Dairy Alternatives Industry

Industry Value Chain and Ecosystem Analysis

Market size and Segmentation of North America Dairy Alternatives Market 

Historic Growth of Overall North America Dairy Alternatives Market and Segments

Competition Scenario of the Market and Key Developments of Competitors

Porter’s 5 Forces Analysis of North America Dairy Alternatives Industry

Overview, Product Offerings and SWOT Analysis of All the Key Competitors

Covid 19 Impact on the Overall North America Dairy Alternatives Market

Future Market Forecast and Growth Rates of the Total North America Dairy Alternatives Market and by Segments

Market Size of End User Industries with Historical CAGR and Future Forecasts

Analysis of North America Dairy Alternatives Market in Major North American Countries

PESTLE Analysis and Major Production / Consumption Hubs in the Major Countries

Major Production/Supply and Consumption/Demand Hubs in Each Major Country

Major Country-wise Historic and Future Market Growth Rates of the Total Market and Segments

Overview of Notable Emerging North America Dairy Alternatives Companies within Each Major Country

Betterland Foods Dairy Alternatives Market

New Culture Dairy Alternatives Market

Nuts for Cheese Dairy Alternatives Market

Bettermoo(d) Dairy Alternatives Market

U.S. Dairy Alternatives Market Size

Earth's Own Food Company Plant-Based Vegan Milk Products

Plant-Derivative Products Market

Plant-Derivative Food and Beverages Market

Vegan Population in North America

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

North America Dairy Alternatives Market

Related Reports:-

Indonesia Dairy Food Market Outlook to 2025 – Yoghurt & Soul Milk Products coupled with Cheese Segment to Drive Market Growth

Somalia Milk Powder Market Outlook to 2025 –Increasing Demand-Supply Gap for fresh milk due to Seasonal Fluctuations and Higher Shelf Life for Milk Powder to Drive Market Growth

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Ankur Gupta, Head Marketing & Communications
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Global Airports for drones and flying taxis Market Outlook: Ken Research

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Product Overview

Land mobility systems are evolving in the coming scenarios. metropolises are becoming more and more congested and the degradation of air quality is being witnessed. The mass relocation happening towards cities and people are switching to shopping via e-commerce. There are now delivery vans on the curb of every street, clogging up the roads. This has ultimately worsened the problems faced by cities. Organizing another system whereby there are coordinated locations – like the Amazon Lockers – that an Urban AirPort will aid service with a network of drones, might go some way to remedying the influx of lorries and vans coming into our cities. The idea for flying cargo could ultimately be completely movable to flying humans.

Market Highlights

Airports for drones and flying taxis Market is expected to project a notable CAGR of XX.X% in 2030.

Airports for Drones and Flying Taxis Market to surpass USD XXXX billion by 2030 from USD XX.XX billion in 2020 at a CAGR of XX.X% in the coming years, i.e., 2020-30. Many engineering companies have made development using drones to create detailed tarmac surveys for airport Pavement Management Programs. Drone photos joint with airport Geographic Information System (GIS) programs to create realistic, 3D maps of airport possessions are the factors driving the Airports for drones and flying taxis Market. The low-altitude, high-definition images captured by drones can be of gigantic value for airport maintenance staffs seeking to document pavement divergences and establish repair programs are some other prime factors to boost the Global Airports for Drones and Flying Taxis. Rising conservational awareness of the public, narrowing of legislation regarding environment protection, laterally with a steady growth of traffic and rising oil prices are the key drivers for the growth of the Airports for Drones and Flying Taxis Market.

Airports for Drones and Flying Taxis Market: Segments

Radar segment to grow with the highest CAGR during 2020-30

Airports for drones and flying taxis Market is segmented by Technology into Radar, UAV, Radio-Frequency, CI, and Others. The radar segment is anticipated to boost the Airports for Drones and Flying Taxis Market. A scrutiny radar is designed with single or multiple antennas to detect and track numerous objects concurrently. Its high pace to receive aircraft, reflection, measuring spatial coordinates and, optionally, velocity, acceleration, and direction has driven the Global growth for the Airports for Drones and Flying Taxis Market. Furthermore, the transformation of UAS technology into a valuable tool to improve airport operations are also propelling the growth of the Airports for Drones and Flying Taxis Market.

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Fixed-Wing Hybrid Drones segment to grow with the highest CAGR during 2020-30

Airports for Drones and Flying Taxis Market is segmented by Type into Multi-Rotor Drones, Fixed Wing Drones, Fixed-Wing Hybrid Drones, and Others. The Fixed-Wing Hybrid Drones segment is anticipated to drive market growth. Increasing adoption of technically advanced runway-less Unmanned Aerial Military platforms by defense forces is one of the most significant factors expected to drive the growth of the Global Airports for Drones and Flying Taxis Market. Furthermore, mounting opportunities in robotic tracking systems have also displayed a lucrative growth of the multi-Rotor segment in the Airports for Drones and Flying Taxis.

Market Dynamics

Drivers

Fuel and emissions reduction

The prodigious potential of fuel and emissions reduction has witnessed significant growth in the Airports for Drones and Flying Taxis Market. According to the studies and researches it is estimated that diverting 3.2% of the traffic to air taxis can lead to a 15% reduction in traffic vehicle fuel use. Among positive assumptions and developed technologies, the study estimates that 20% of diverted traffic can reduce about 74% of vehicle fuel use in traffic congestion. The projected growth of air traffic, as well as expected aircraft fleet changes over the next years at the respective airports, will also be taken into account.

Research & Development in Nanotechnology

Nanotechnology is a kind of advancement in the Airports for Drones and Flying Taxis Market, which are anticipated to be dependent on the expansions of nanoparticles and nanomaterials. This technology enables the sensors in the food and packaging industry to control the quality of the product during various logistics processes and ensure the quality of the product to the end-user. Emerging markets are willing to accept new technologies whereas consumers in some regions are less responsive. The growing development of smart organizations tends to drive the Global Airports for Drones and Flying Taxis Market growth. Moreover, amendments in taxi concepts, such as Electric taxis, Single-Engine taxis, and operational improvements by the use of Surface Managers (SMAN) are boosting the market growth.

Restraints

Consumption of Radar can cause lack of automation

The consumption of Radar can cause lack of automation and the high dependence on the trained Radar operators. This factor can challenge the market growth for the Airports for Drones and Flying Taxis. Moreover, Radar is the most expensive equipment of all available drone detection sensors, and it requires national occurrence spectrum licensing and environmental compatibility study. Hence, this significant factor can hinder market growth across the globe. Furthermore, UAS poses an important challenge in terms of safety, security, and privacy for our society. Many drone-related happenings are frequently reported upsetting critical infrastructures (CIs), exclusively around airport services.

Airports for Drones and Flying Taxis Market: Key Players

Toyota

Company Overview, Business Strategy, Key Product Offerings, Financial Performance, Key Performance Indicators, Risk Analysis, Recent Development, Regional Presence, SWOT Analysis

Uber

Hyundai

Airbus

Boeing

eHang

Skymax

ALTI UAS

Volocopter

Imagine Air

Airports for drones and flying taxis Market: Regions

Airports for Drones and Flying Taxis Market is segmented based on regional analysis into five major regions. These include North America, Latin America, Europe, Asia Pacific, and the Middle East, and Africa. North America registered the highest market share In the Airports for Drones and Flying Taxis Markets Market in terms of revenue. Owing to the high demand for fixed-wing VTOL UAVs from the US, for applications such as firefighting & disaster management, maritime security, agriculture, product delivery, and inspection & monitoring, among others are propelling the Airports for Drones and Flying Taxis Market.

Airports for Drones and Flying Taxis Market is further segmented by region into:

North America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United States and Canada

Latin America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – Mexico, Argentina, Brazil, and Rest of Latin America

Europe Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United Kingdom, France, Germany, Italy, Spain, Belgium, Hungary, Luxembourg, Netherlands, Poland, NORDIC, Russia, Turkey, and Rest of Europe

Asia Pacific Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – India, China, South Korea, Japan, Malaysia, Indonesia, New Zealand, Australia, and Rest of APAC

Middle East and Africa Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – North Africa, Israel, GCC, South Africa, and Rest of MENA

Airports for Drones and Flying Taxis Market report also contains analysis on:

By Technology

Radar

UAV

Radio-Frequency

CI

Others

By Type

Multi-Rotor Drones

Fixed Wing Drones

Fixed-Wing Hybrid Drones

Others

Airports for Drones and Flying Taxis Market Dynamics

Airports for Drones and Flying Taxis Market Size

Supply & Demand

Current Trends/Issues/Challenges

Competition & Companies Involved in the Market

Value Chain of the Market

Market Drivers and Restraints

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Global Airports for drones and flying taxis Market Analysis

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Israel Fitness Equipment Market: Ken Research

 

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Fitness equipment market is expected to expand at a five-year CAGR of ~XX% in between 2021 and 2026 on the basis of revenue generated. It is anticipated that fitness equipment industry will grow at a substantial rate owing to factors such as the rising health concerns among population suffering from non-communicable diseases namely, obesity and chronic diseases due to unhealthy lifestyle, establishment of organized fitness centers with diversified services and entry of low budget international fitness chains along with various government initiatives such as “National Program to promote Active, Healthy Lifestyle” and events like “Jerusalem Marathon” and “The Women Race-Life Run”  to encourage people to regularly engage themselves in physical and fitness activities. Coupled with that, due to the changing lifestyle and influence from TV and internet, youth in the country is becoming more aware about their health and fitness, which will result into regular visits to fitness centers and indulging themselves into some kind of physical activity. The market is poised to gain significant traction with the rise in the number of women centric health clubs and fitness centers incorporating advanced equipment catering to the changing health patterns and consumer demands. On the other hand, high set up or installation cost of devices or equipment and rising demand for resale of used fitness equipment for saving cost are estimated to obstruct the market’s growth within the above-mentioned forecast period.

Research Methodology

Market Definitions and Assumptions:

• Israel Fitness Equipment Market: Fitness equipment market is defined as the revenue generated through sales of all types of mechanical and non-mechanical devices and apparatus used during physical activity, which directly or indirectly enhance the strength, conditioning and accessibility of the user. Fitness equipment can be classified into two broad categories: Cardiovascular Equipment and Strength Training Equipment. Fitness consumables such as accessories (belts, gloves), resistance bands, steppers, etc have not been included as a part of the market.  

• Cardiovascular equipment: is defined as primarily mechanized devices used to lose weight, enhance stamina levels and reduce stress. Some examples are – treadmills, stationary cycles, rowing machines, elliptical machine and stair climbers.
• Strength training equipment: is defined as the set of mechanized and non-mechanized devices used to enhance physical strength and build muscles. Some examples are – dumbbells, kettlebells, barbells, weight plates, benches and body part specific weight training machines.
• Fitness centers and Health Clubs: are defined as commercials establishments, which house fitness equipment for physical activities. Private Fitness Centers and Health Clubs are used for personal purposes or for the internal use by residents of housing complexes. Commercial Fitness Centers and Health Clubs offer paid services on a pay-per-use or paid subscription basis.
• Fitness equipment distributors are defined as business that procure products directly from manufacturers in the same geography and sell them directly to end users via retail outlet or to other retailer.
• Importers on the other hand are businesses, which procure products from manufacturers or suppliers in other geographies for the purpose of wholesale or retail distribution.
• Establishments: Number of Establishments are inclusive of all Commercial Gym Centers(Exclusive Gym Centers, Popular and local Gyms), Hotel Gyms, Gyms in Compounds and Residential Townships and Universities present in Israel.
• Commercial A Gym Centers are Exclusive/ Boutique Gyms providing Unique Class Concepts, Personal Customised Training and more individual attention to the clients.
• Commercial B Gym Centers are Popular Fitness Centers having Branches at Multiple Locations all Over Israel. They have generally Huge target Audience and Provide Multiple Fitness training with Class Schedules.
• Commercial C Gyms are Local Gyms and Fitness Centers that have access to limited Gym Equipments and have 1-2 branches all over the country.
• Hotels includes all the Hotels gyms that provides gym access to outsiders apart from their in-house guest through monthly, quarterly, half yearly and annual memberships.

• Compounds and Universities will not generate Revenues as they are maintained by residential communities and university authorities. The gym facility is provided as an additional service to the members and the fees is included in the maintenance charges and college fees.

Market Sizing Approach:

• Hypothesis Creation:. After analyzing the major industry factors a hypothesis is framed about the market size based on reports from magazines, journals, online articles, government, market association, industry articles and many others. We have used both public and proprietary databases to define the market and collect data points about the same.
• Hypothesis Testing: The research team conducted computer assisted telephonic interviews (CATIs) with several industry professionals such as Fitness Equipment Distributors, Commercial Gym Center Procurement Managers, Equipment Manufacturers and Others to collect their insight and industry pattern about Fitness Equipment market.
• Future Forecasting Methodology: The outlook of industry estimated was further sanity checked with respect to the interviews conducted with industry veterans, gym managers and C-level executives regarding all the important parameters of the fitness industry.

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Israel Fitness Equipment Market

• By Type of End User
• Commercial Fitness Centers & Health Clubs
• Universities
• Office & Hotels
• By Foreign and Domestic Manufacturing
• Foreign
• Domestic
• Israel Offline Fitness Market Assessment
• Commercial (Exclusive/Boutique Centers, Popular Fitness Centers, and Local Gyms & Fitness Clubs)
• Hotels and Resorts (5 Star Hotels & Resorts, 4 Star Hotels & Resorts, and 3 Star Hotels & Resorts or Less)
• Universities

Key Topics Covered in the Report

• Socio Demographic and Economic Outlook of Israel
• Overview of Fitness Equipment Market in Israel
• Ecosystem of Israel Fitness Equipment Market
• Value Chain Analysis of Israel Fitness Equipment Market
• Operating Model of Fitness Equipment Distributors in Israel
• Israel Fitness Equipment Market Size on the basis of Revenue
• Israel Offline Fitness Market Assessment
• Israel Fitness Equipment Market Segmentation (By Type of End User, By Domestic and Imported Manufacturing)
• SWOT Analysis
• Trends and Developments
• Government Initiatives in the Fitness Sector
• Economic Impact of Fitness Centers in Israel (Direct and Indirect)
• Impact of COVID-19 on Fitness Industry in Israel
• List of Fitness Equipment Distributors in Israel (Year of Establishment, Location, Contact, Mail Id, Country of Operation, and Brand Association)
• Cross Comparison of Major Fitness Equipment Distributors in Israel (Year of Establishment, Number of Employees, Countries Served, and Product Portfolio)
• Company Profile of Fitness Equipment Distributors in Israel (Company Overview, Type of Customers, Services Offered, Strengths, Weaknesses, Major Clientele, and Key Partnerships, Future Developments)
• Identifying the Customer Cohorts in Israel Health and Fitness Market
• Customer Decision Making Factors Fitness Centers
• Customer Mind-set for Fitness in Israel
• Target Addressable Market and Service Addressable Market in Israel Health and Fitness Industry
• Analyst Recommendations

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

Israel Fitness Equipment Market Outlook to 2026

Related Reports

Israel Fitness Services Market Outlook to 2025 - Driven by Growing Awareness for a Balanced Lifestyle along with the Addition of State-of-the-Art Gyms in the country

KSA Fitness Equipment Market Outlook to 2026: Driven by the growing demand of advanced fitness equipment by fitness clubs and government initiative to launch women centric fitness centres

Egypt Fitness Equipment Market Outlook to 2026: Driven by the avenues for empowerment, rising disposable income, increasing health concerns and home based fitness equipment

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Growing digitalization and opening of the market to International Money Transfer Operators (MTO) will drive the growth of Saudi Arabia Remittance Industry at a CAGR of 2.8% during 2020-25: Ken Research

• The Saudi Arabia Remittance market is anticipated to grow at a CAGR of 2.8% during the forecast period FY’20-FY’25.
• Growth of digital payments solutions, along with rising fintech ecosystem are further expected to give a boost to numerous entities that facilitate online payments in the country.
• Opening of the market to allow foreign MTOs will encourage entry of new players in the oligopolistic remittance market

Saudi Arabia is one of the most economically prosperous country in Asia and hence is a prominent emigration destination to a many South Asian countries. Of the current population of 33 Million, more than 37% of population comprises of expats with India, Pakistan, Nepal, Philippines, Bangladesh, Sri Lanka and Egypt being key source countries. This results in a high contribution of outbound remittance in the industry as the expats send money to their home country periodically.

Saudi Arabia International Remittance Market Future Outlook

Due to increased focus on hiring Saudi nationals at higher level posts, more and more people are looking to move from Saudi Arabia. This led to a decline in the remittance industry size by value. However post-COVID the scenario has reversed due to higher propensity to save. Until 2019, the foreign MTOs were not allowed to set up business independently. But based on G20 National Remittance Plan, Saudi Arabia has opened the markets for foreign MTOs which will boost the industry growth.

How is the competitive landscape in International Remittance Industry of Saudi Arabia?

The Saudi Arabian Remittance market is dominated by major 7-8 which are providing remittance services from a very long back.  A very high amount of capital would be required to make any position in the oligopoly remittance market of Saudi Arabia. More than 95% of the remittance market is hold by 8 firms and the competition has been growing largely since the increase in penetration of digital channels. Entry of STC pay has gained a substantial market share since it begin their operations and all other banks are now focusing on strengthening their digital channels.

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In Saudi Arabia, foreign MTOs were not allowed to open their branches and providing remittance services independently in the Kingdom. Since 2019, the plan have been introduced but there are many rules and regulations which are to be followed for the foreign money exchanges. The paid up capital has not been standardized for the foreign players and it is to the discretion of Saudi Central Bank SAMA. This means that the entry barriers are high for the remittance industry in the Kingdom.

What is the future takeaway for industry players?

Given the backdrop of increase in volume and value of outbound international remittance transactions, analysts at Ken Research expect a growth of 4.5% during 2020-21 and CAGR of 2.8% during 2020-25F. During this period, value of transactions is expected to peak in 2025 which will be driven by the opening of the market for foreign MTOs and growing adoption of digital solutions. Analysts at Ken Research further expect that digitalization of services and corresponding marketing campaigns are expected to drive the revenue of remittance industry at a CAGR of 3.1% during 2020-25F

Key Topics Covered in the Report

·         Market share of Exchange Houses Saudi Arabia

·         Overview of International Remittance Industry in Saudi Arabia (Statistics on Corridor wise Transaction volume and value)

·         Industry segmentation (By Type of Transfers, Corridor wise)

·         Cross Comparison of Major players on Operational and Financial Parameters (December 2020)

·         Company Profile of Major Players (Overview, Products and Services, USP, Business Strategies, Branch wise Operational Performance, Cumulative Financial Performance, Recent Developments)

·         Growth Drivers and Challenges to Saudi Arabia International Remittance Industry

·         Industry trends and developments

·         Risk factors in the industry

·         Rules and Regulations by Government Bodies

·         Impact of COVID-19 and Future Outlook of Industry 

Related Reports:

Indonesia Domestic and International Remittance Market Outlook to 2023 - By Inbound & Outbound Remittance, By Banking and Non-Banking Channel, By Income Level Group and By Inflow and Outflow Remittance Corridor

Singapore International Remittance Market Outlook to 2023 - By Inbound & Outbound Remittance, By Banking and Non-Banking Channel, By Inflow & Outflow Remittance Corridors

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Covid Impact on Indonesia Electric Charging Station Market: Ken Research

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Market Definitions and Assumptions:

Electric Charging Station Market: Electric Charging Station Market is defined as the revenue generated through the sales of a piece of equipment that provides AC or DC power from the grid to a 2W, 3W and 4W EV in a public or private space (it has connectors that conform to a variety of standards, to connect the charging equipment).

4-Wheeler EV (4W): 4W is defined here as a passenger car (PC), constructed solely for the carriage of passengers and their effects (no more than 8 seats, including the driver’s seat), and includes only Battery Electric Vehicles (BEV's) as opposed to Hybrid and Plug in Hybrid Electric Vehicles (HEV's and PHEV's). Does not include Electric Trucks and Buses.

2-Wheeler EV (2W): 2W is defined as an electric vehicle which runs on 2 wheels only, it is also known as an electric motorcycle, electric scooter or electric bike.

3-Wheeler EV (3W): 3W is defined as an electric vehicle that is equipped with 3 wheels, and used as a carriage for passengers or for the transportation of goods (excluding motorcycles or scooters with a sidecar). Also referred to as an electric rickshaw.

Charging Infrastructure EPC companies: Charging Infrastructure EPC companies are defined as the business entities that undertake end-to-end Charging Station Development Projects, as part of an MoU with the Public Development / Govt. bodies and/or in partnership with other automobile manufacturers and allied entities in the automobile ecosystem.

EV charging cables are of 2 types: Alternating Current (AC) and Direct Current (DC). Within AC, there are 2 types, based on type of plugs used: Type-1 and Type-2. DC Charging cables are of 2 types, based on the type of plugs used: Combination Plugs (Combined Charging System, or CCS) and CHAdeMO.

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Currency Conversion Rate: Conversion from USD to Indonesian Rupiah has been formulated based on the following estimation. 1 United States Dollar = 14,365.70 Indonesian Rupiah.

Market Sizing Approach: Exhaustive research done to identify the list of major players which have a presence in EV Charging Equipment industry in Indonesia. Conducted interviews with the management of the companies (C-level executives, Business Development head, Regional Head, Operations Manager, Area Sales Manager, & others).

Hypothesis Creation: After analyzing the major industry factors a hypothesis is framed about the market size based on reports from magazines, journals, online articles, government associations, company reports, and other industry reports. We have used both public databases and interviews with market experts in the Indonesian EV Charging Equipment market to define each market and collect data points about the same.

Sanity Checking: We have analyzed and sanitized market by comparing our projections with the official projections of PLN Indonesia, which has been assigned the task of spearheading the task of creating public EV chargers throughout Indonesia.

Market Assessment: To derive the revenue of the EV Charging Equipment Industry in Indonesia, our team followed a streamlined approach which has been described below:

Primary interviews via Computer Assisted Telephonic Interviews (CATI's) with the EV Charging equipment Manufacturing Companies to understand their viewpoint on the status of market, new developments, end user perception, understanding the trends and challenges in the sector.

In this method, interviews are carried out by telephone and are guided by a questionnaire displayed on the screen of a computer. The interviewer records answers via the keyboard to correspond with the pre-coded responses displayed on the screen. The advantage of this method is that, there would be high accuracy as participants can clear their queries related to any questions and we can probe them on answers within the interview on a real time basis which would eliminate any chance of incorrect responses or biasness. The interview comprised of both subjective as well as objective questions to understand the industry challenges, growth drivers, price points, overall market scenario and other relevant details.

Limitations and Future Conclusion:

There might be cases that the chief executives/representatives/dealers might be bullish with the numbers provided in terms of their company's market share, revenue, etc. This data is sanity checked by asking other primaries about the performance and market share of their other competitors to get more realistic numbers.

The Indonesian EV Charging Equipment Market is still in a very nascent stage of growth, hence there is limited visibility in terms of future growth prospects, and the limited growth achieved in 2020 due to the COVID-19 Pandemic further adds to the difficulty of properly forecasting EV charger growth in the coming years.

Almost all Private Sector Startups in the EV charging infrastructure stage are in a nascent stage, with many not having sold even a single charger and still in the trial stages of testing their chargers as per government regulations. Hence the report does not give a full picture of the private sector participation in the EV charging space which is expected to grow exponentially in the coming years.

The conclusion regarding the expected value of EV Charging Equipment industry is determined by using weighted average of the output of subjective judgment, primary research and opinions polls. The weighted average method enables us to filter out the possible noise in each computation method and helps us to derive the best possible future projections.

Key Segments Covered in Indonesia EV Charging Equipment Industry

EV Charging Market Size by

Revenue

Number of charging stations

Indonesia EV Charging Equipment Industry By

Type of Chargers

Type of Charging

Type of Vehicle

Geographic Demand

Type of Manufacturer

Sales Channels

Product Analysis

4W Chargers

2W Chargers

Charging Stations

Pricing Analysis

4W Chargers pricing

2W Chargers pricing

Charging Stations pricing

Key Target Audience

Electricity Supplier

EV Manufacturers

EV Charging Equipment Manufacturers

EV Charging System Operator

Demand side Transport Operators

Government Bodies

Time Period Captured in the Report:

Historical Period: 2016-2021

Forecast Period: 2022-2026F

EV Charging Equipment Players in Indonesia

Delta

ABB

Schneider Electric

Powerindo

Bambang Djaja

Phihong

ANS EVSE

Ghifari Energi

Key Topics Covered in the Report: -

Overview of EV Market and EV Charging Equipment Market in Indonesia

Ecosystem of EV Charging Equipment Market in Indonesia

Market Size of EV Charging Equipment Market in Indonesia (Total EV Charging Equipment Revenue)

Indonesia EV Charging Equipment Market Segmentation (By Type of Charging, Type of Chargers, Type of Vehicle, Type of Geography, By Sales Channels)

Cross Comparison of Southeast Asian Countries on EV Adoption and comparison of top players in the EV Charging Equipment Market in Indonesia

Company Profiles of EV Charger Manufacturers (Overview, Products, Business Streams, Manufacturing Capabilities, Distribution Channels, Recent Projects, Cost Structure, and Awards and Recognitions)

Growth Drivers and Challenges to Indonesia EV Charging Equipment Industry

Industry trends and developments

SWOT Analysis of EV Market

Rules and Regulations by Government Bodies

Future Outlook of Industry

Case Study (PLN, EESL, Alfen)

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Corporate Training Market India Outlook to 2027: Ken Research

 

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The report titled “Corporate Training Market India Outlook to 2027 - Driven by Wide Acceptance of Online and Virtual Training and Organizations Need for Multi Skilled Tech Savvy Employees” provides a comprehensive analysis on the Corporate Training Market in India. The report covers various aspects including overview and market size, addressable target market, market segmentation, modes of learning, stakeholders, business models, profile of major players, competitive landscape, investment model, profile of self-baseds learning platforms, SWOT analysis and many other influential factors. The report concludes with strength and weakness of major players, cause and effect of multiple factors and analyst recommendations for the training houses in the industry.

Market Overview

The Corporate Training Market in India is in its growth stage and will continue to be so for the next 10-15 years. Considering the size and magnitude of growth factors such as a robust IT and service industry, large and young workforce and India’s fast GDP growth the corporate training market is very much underpenetrated in India. Its size is small when compared to the global corporate training market size therefore, indicating lots of untapped potential for growth.  From FY’13-FY’19 market was growing quickly at healthy double digit CAGR however in FY’21 the overall market growth contracted due to the Covid-19 pandemic. In the review period 2017-2022P, the Corporate Training Market in India grew at a positive CAGR of 9.8%. Even though there was a negative contraction in FY’21, market was able to maintain a positive CAGR as IT and service companies quickly resumed operations by adopting hybrid and work from home model and training companies were able to deliver online through various modes of e-learning.

Market Segmentation

By Industry Verticals (IT/ITES, Telecom, BFSI, FMCG/Retail, Automobile, Manufacturing, and Healthcare):

With increasing accessibility to affordable education and internet people are becoming more aware and are migrating from secondary sector to esteemed IT and service sector of India. India being the IT hub and with continue migration of workforce IT/ITES sector is the backbone of Corporate Training Market in India. Telecom and BFSI are other two large industry verticals contributing towards the market growth. Swift transformation from 3G to 4G technology and intense R&D home grown 5G technology training demand is likely to be stable in the telecom space. Training requirements in BFSI sector are growing at a faster rate than telecom as design of banking products and schemes are more data driven due to evolution in FinTech space. Due to digitization and organization of the large unorganized retail sector and growth in the used car market and EV segment trainings would be in high demand.

Due to the covid-19 pandemic organizations have realized the importance of healthcare and this has also made people understand the notion ‘prevention is better than cure’ therefore, demand for training has spiked in this sector as well.

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By Types of Training Services (Technical, Leadership, Managerial, Sales, Customer Management):

Technical trainings are generally given to employees at the start of their professional journey in a company. Due to the pandemic, business operations were shifted to work from home model therefore many employees were on their own due to which they felt the need for technical skills. Leadership trainings comprises of enhancing the emotional strength besides strengthening cognitive abilities. They are generally reserved for the board level and CXO level employees and thus are expensive. Organisation focus on managerial trainings for managers and supervisors due to the benefits of “train the trainer” culture and sales trainings are generally meant for the executives to optimally handle the sales pressure. 

By Sector (Service, Retail/Wholesale/, Manufacturing, Government, Education, Association and Non-Profit Organizations):

Majority of the training demand is dominated by the requirements from service industry. The covid-19 pandemic acted as a catalyst for the ongoing digital and offline to online transformation and this has brought phenomenal change in the training demand from the education sector. Corporate training demand from government and associations is expected to decline over time.

By Deployment (On Site and Off Site):

Off site has been a preferred mode especially in cases where in the client lacks the required training infrastructure and cost para meters. However, if the client’s is resourceful and has requirement has a lot of customisations aligned to their business goals, they might opt for an On-site training mode. Due to Covid-19 Pandemic most of the trainings was shifted to online platforms.

By Designation of Employee (Managerial, Non-Managerial and Integrated):

Freshers and young professionals who are just 1-3 years old in their career are given most of the non-managerial trainings. On the other hand, Managerial trainings are on the rise in India. Managers are required to avail trainings in new innovative business models & disruptive technologies for efficient deployment of resources.

By Major Cities: (Mumbai, Delhi, Bengaluru, Pune, Chennai, Kolkata):

Most of the major corporate training companies have their headquarters located in Mumbai, Delhi and Bengaluru. The top 4 cities contributes towards a large chunk of the corporate training demand however, other cities like Nagpur, Bhopal, Vishakhapatnam are catching up quickly as many IT corridors are being setup here.

By Open and Customized Training:

Majority of the training requirements are customized as more and more companies want training programs to be designed according to their business goals, aspiration and employee’s cognitive abilities. Open programs objectives are pre-defined and are generally the basic or introductory modules of the training subject.

By MNC’s and Domestic Organizations:

As MNC’s have a culture of mandatory training programs most of the corporate training requirement are generated by the MNC’s.  Many domestic companies have started their operations across geographies and have ventured in various verticals and therefore even their training demands are rising.

By Mode of Learning (Instructor Led Classroom Only, Blended Learning, Virtual Classroom, Online or Computer Based Methods, Mobile and Social Learning):

Instructor led classroom learning is the traditional and most impactful way of imparting training and has always dominated the market. However, with increasing digitization and Covid-19 pandemic many modes of training have emerged. Blended learning, virtual classroom and computer-based modules have redefined training experiences especially during the pandemic and now have gained wide acceptance. Mobile learning is also on the rise as it ensures learning on the go.

By Scale of the Organization (Large, Medium and Small):

Large organizations are the largest revenue generator for the corporate training market in India. However, medium and small-scale companies have now realized the importance of training. They now view training as an investment which is imperative to attain business goals and not as an expense anymore. Such companies outsource most of their training requirements as well.

Competition Landscape:

The Corporate Training Market in India is a very competitive and a fragmented space with the presence of 500-600 companies. However, a good chunk of the market share is captured by 7 companies namely NIIT, Manipal Global Education, CADD Centre, Aptech Limited, Centum Learning, Koenig Solutions and Hughes Global.           Price, post training support, brand value, clientele, trainer’s qualification, customizations and value-added services like assessment, performance and ROI evaluation are the competitive parameters in the industry. In order to have an edge over the competition many companies offer other services as well like staffing, HR management, IT support, coaching, audit etc. Lately, many self-based learning platforms like Udemy, Coursera, Simplilearn, upGrad have also become popular offering courses and modules keep working professionals need in mind.

Future Outlook and Projection

The Corporate Training Market in India is expected to grow with a healthy CAGR of 16.3% in FY’22P and FY’27F. The focus would be on to keep the learners and engaged by enhancing experiential learning therefore use of technologies like AR/VR, Metaverse and Micro learning concept would be prevalent in future. Courses on data and business analytics, AI-ML, cyber security, cloud infrastructure would be in high demand. IT and BFSI are going to be the larger support pillars for the corporate training market.

Key Segments Covered

• By Industry Verticals
  • IT/ITES
  • Telecom
  • BFSI
  • Retail/FMCG
  • Manufacturing
  • Automobile
  • Healthcare

• By Types Of Training Service
  • Technical
  • Leadership
  • Managerial
  • Sales
  • Customer Management

• By Sector
  • Services
  • Retail/Wholesale
  • Manufacturing
  • Government
  • Education
  • Association & Nonprofit Organization

• By Deployment
  • On Site
  • Off Site

• By Designation Of Employees
  • Non-Managerial
  • Managerial
  • Integrated

• By Major Cities
• Mumbai
• Delhi
• Bengaluru
• Hyderabad
• Pune
• Chennai
• Kolkata

• By Open & Customized Training

• By Type Of Organization
• MNC
• Domestic

• By Mode Of Learning
• Instructor Led Classroom Only
• Blended Learning
• Virtual Classroom
• Online or Computer Based Methods Only
• Mobile Only
• Social Learning

• By Scale Of Organization
• Large
• Medium
• Small

Companies Covered

• NIIT
• Manipal Global Education
• CADD Centre
• Aptech
• Centum Learning
• Koenig Solutions
• Hughes Global Education

Key Target Audience

• Corporate Training Companies
• Ed-tech Companies
• Self-Based Learning Platforms Companies
• Freelance Trainers
• Industry/Corporate Coach
• Contractual Professional Trainers
• Industry Veterans
• IT Solutions and Support Companies
• Top UG/PG Private Universities
• Retired Experienced Faculties

Time Period Captured in the Report: -

• Historical Period: FY’17-FY’22P
• Forecast Period: FY’22P-FY’27F

Key Topics Covered in the Report

• How is the Corporate Training Market positioned in India?
• Target Addressable Audience for Corporate Training Market in India Market
• Popular Courses and Their Prices
• Critical Decision-Making Criterions related to Pricing and Selection Process
• Freelance Trainers V/s Full Time Trainers
• Supply Ecosystem and Challenges
• Opportunity Matrix
• Market Size and Segmentation
• SWOT Analysis
• Upcoming Technologies & Trends in Corporate Training Market
• Investment Model and ROI in Corporate Training Business
• Competitive Landscape – Cross Comparison of Major Players
• Company Profiles
• Self-Based Learning Platforms
• Covid-19 Impact
• Analyst Recommendations & Cause Effect of certain Market Related Factors
• Research Methodology

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Corporate Training Market India Outlook to 2027

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Vietnam Used Car Market Outlook To 2026 – Ken Research

 The used car market in Vietnam has become quite streamlined in the past few years, with several reputed companies entering the arena and offering quality-checked used cars, that come with a one-year warranty and a couple of free services

However, between 2015 and 2021 Vietnam ‘s used car market experienced a slow down on the basis of gross transaction value. The decline in GTV as well as sales volume of used car industry is attributed to various government initiatives to support the growth of domestic automotive industry, and policies implemented such as reduction in import tax to 0% for cars imported from ASEAN region. Coupled with that, the reduction of vehicle registration fees by 50% for domestically assembled and produced vehicles has contributed to the development of the domestic automotive manufacturing industry such as Vinfast negatively impacting the used car ecosystem.

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Even though the used car industry post 2018 has witnessed a decline in sales volume, but the advent of COVID-19 is contributing towards the positive outlook of the industry. Increased awareness on health and hygiene is acting as a catalyst for the shift in consumer’s preference from availing public transportation to private transportation medium. The shift in consumer’s preference is expected to contribute in the growth of passenger vehicle sales in coming years. Coupled with that, government initiatives to ban motorbikes by 2030 and development of road infrastructure facility is contributing in the shift towards consumer adapting to passenger vehicles compared to historically prevalent motorbikes.

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Vietnam Used Car Market

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