Thursday, November 10, 2022

3 Key Insights on Competitive Landscape in Global Epoxy Resin Market: Ken Research

 Few Diverse Global Players Dominate the Market despite Presence of about ~300 Competitors Comprising a Large Number of Country-Niche Players and Some Specialist Players, finds a recent market study on Global Epoxy Resin Market by Ken Research

Epoxy resin refers to a class of reactive prepolymers and polymers containing epoxy groups. These resins react with themselves or with many co-reactants such as amines, phenols, and thiols in the presence of catalysts. Epoxy resin is a type of resin with robust mechanical properties, excellent chemical resistance, and high adhesive strength, making it very useful in a variety of applications. It is used extensively for the manufacture of aircraft parts due to its superiority in providing thermal and chemical resistance as compared to other types of resins. Ken Research shares 3 key insights on the competitive landscape of this dynamic market from its latest research study.

Country-Niche Players constitute 60% of the Total Number of Companies in the Epoxy Resin Market.

A comprehensive competitive analysis conducted during the Research Study found that the Global Epoxy Resin Market is highly competitive with ~300 players which include globally diversified players, regional players as well as a large number of country-niche players. The Country-Niche players comprise about 60% in terms of the number of companies followed by regional players with 25% of the total competitors. Most of the country-niche players are having few resin products for several end-use industries such as paint & cosmetics, building & construction, automotive, and others.

Worldwide Epoxy Resin Market

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Expansion of Construction and Aviation Industries and increasing manufacture of lightweight and commercial vehicles are expected to be the Primary Drivers of this Market

Detailed comparative analysis of key competitors available within the Research Study shows that major players such as 3M, BASF SE, Huntsman International LLC, Hexion, and The Dow Chemical Company are highly focused on providing a significant number of epoxy resin products that can be used across multiple industries, including building & construction, transportation, aerospace, and more. Furthermore, several companies and organizations are aggressively investing in Research & Development activities and are focusing on acquisitions and mergers with specialized players for the development of advanced resins made out of using different raw materials. Many players are focusing on developing multiple types of epoxy resins in the chemicals industry that help in the manufacturing of new products in the market.

  • In November 2021, 3M launched Scotchbond Universal Plus Adhesive and 3M Relyx Universal Resin Cement. Both the products can be used together and allow the optimization of direct and indirect restorations.
  • In September 2021, BASF SE introduced an additive solution, IrgaCycle for the mechanical recycling of plastics. The product improved the properties of mechanically recycled plastics for different target industries
  • In February 2022, BASF SE announced the expansion of its offerings of polyamides and polyphthalamides in Europe.
  • In September 2022, BASF SE announced a partnership with RiKarbon on emollients derived from bio-waste.

Global Epoxy Resin Industry

The pandemic of COVID-19 had negatively impacted the global epoxy resin market.

The market was negatively impacted by the COVID-19 pandemic in 2020, owing to the strict regulations in several countries. This affected various industries including paints and coatings, adhesives and sealants, electrical and electronics, and others. The global pandemic caused a ban on imports-exports that disrupted the supply chain, work stoppages, and labor shortages, thereby hampering the market.

The demand for epoxy resin decreased in the aerospace, transportation, and marine industries, as all the industries were shut and due to this, demand for resin had been impacted negatively. However, the situation is likely to improve in the year 2022, due to the burgeoning growth of the construction and other related industries.

Increased Strategical Investments in the Chemicals Industry, as well as New Stringent Strategies to Promote Epoxy Resin Products Led to Major Industry-Wide Developments, Acquisitions, and Deal-Wins.

In the construction industry, there have been many initiatives taken by the Government that impacted the growth of the epoxy resin market. For instance,

  • In February 2022, the U.S. Congress approved the Infrastructure Investment of US$ 1,200 Bn, including US$550 billion for transportation, US$110 billion for roads, and US$40 billion for repair and replacement of bridges.
  • In December 2021, Huntsman Corporation acquired Gabriel Performance Products, a North American specialty chemical manufacturer. The acquired company is a manufacturer of specialty additives and epoxy curing agents for coatings, adhesives, sealants, and composite end-markets.
  • In December 2020, Kukdo Chemicals opened its epoxy manufacturing plant in India. The plant has a production capacity of 40,000 tons per annum. The company offers epoxy solutions to customers and it’s the second overseas unit set up in India after China in the Asia Pacific region.

In July 2020, Engineered Polymer Solutions (EPS) introduced its new EPS 2400 series in North America. It includes six waterborne acrylic resins that can provide high-performance solutions to wood coating formulators. These can also be used for flooring, furniture, and cabinetry.

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Key Topics Covered in the Report

  • Snapshot of Global Epoxy Resin Market
  • Industry Value Chain and Ecosystem Analysis
  • Market size and Segmentation of the Global Epoxy Resin Market
  • Historic Growth of Overall Global Epoxy Resin Market and Segments
  • Competition Scenario of the Market and Key Developments of Competitors
  • Porter’s 5 Forces Analysis of Global Epoxy Resin Industry
  • Overview, Product Offerings, and Strength & Weakness of Key Competitors
  • Covid-19 Impact on the Overall Global Epoxy Resin Market
  • Future Market Forecast and Growth Rates of the Total Global Epoxy Resin Market and by Segments
  • Market Size of Application / End User Segments with Historical CAGR and Future Forecasts
  • Analysis of Global Epoxy Resin Market
  • Major Production/Supply and Consumption/Demand Hubs within Each Region
  • Major Country-wise Historic and Future Market Growth Rates of the Total Market and Segments
  • Overview of Notable Emerging Competitor Companies within Each Region

Major Companies Mentioned in the Report

  • 3M
  • BASF SE
  • Huntsman International LLC
  • Hexion
  • The Dow Chemical Company
  • Kukdo Chemical Co., Ltd
  • Solvay
  • Olin Corporation
  • China Petrochemical Corporation
  • Aditya Birla Management Corporation Pvt. Ltd.
  • Kolon Industries, Inc

Notable Emerging Companies Mentioned in the Report

  • Jubail Chemical Industries LLC
  • Macro Polymers
  • NAMA Chemicals
  • Techstorm
  • Spolchemie
  • Jiangsu Sanmu Group Co., Ltd.
  • DIC Corporation
  • Atul Ltd
  • NAGASE & Co., Ltd.

Key Target Audience – Organizations and Entities Who Can Benefit by Subscribing This Report

  • Epoxy Resin Manufacturers
  • DGBEA Raw Materials Suppliers
  • DGBEF Raw Materials Suppliers
  • Novolac Raw Materials Suppliers
  • Aliphatic Raw Materials Suppliers
  • Glycidylamine Raw Materials Suppliers
  • Solvent Cut Epoxy Technology Manufacturers
  • Liquid Epoxy Technology Manufacturers
  • Waterborne Epoxy Technology Manufacturers
  • Epoxy Resin Distributors
  • Emerging and Startup Epoxy Resin Companies in the Market
  • Government Departments of Polymers and Other Chemicals
  • Ministries and Departments of Paint & Coating
  • Ministries and Departments of Construction Materials
  • Importers and Distributors of Epoxy Resin
  • Chemicals Testing and Regulatory Authorities
  • Chemicals Research Institutes

Period Captured in the Report

  • Historical Period: 2017-2021
  • Forecast Period: 2022-2028F

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

Global Epoxy Resin Market: Ken Research

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Overview of South Africa Hyperscale Data Center Industry: Ken Research

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The Hyperscale Data Center market in South Africa expanded at a CAGR of XX.X% in between 2017 and 2022 on the basis of revenue generated.

The evolution of hyperscale data centers is being driven by the development of sophisticated services and greater compute/storage demand, requiring data centers to find a way to put more computing capacity into smaller spaces.

South Africa Hyperscale Data Center Market is estimated to grow at a positive CAGR of XX.X% in between 2022 and 2027E.

The data center market in South Africa is emerging with key projects coming to fruition and hyperscale investments increasing.

As the demand for cloud computing solutions increases, so does the need for the supporting large scale data center infrastructure.

The number of people connecting to the internet is continuing to drive demand for data-center-based compute and connectivity.

South Africa Hyperscale Data Center Market Outlook

  • Some upcoming trends in the Hyperscale data center market are

  • Adoption of Public Cloud Services

  • Industries opting for hybrid cloud architecture

  • Accessing cloud on-ramps to avoid public internet connectivity issues

  • Colocation Facilities from multi-tenant data centers

  • Hyperscale Data Center facilities are emerging

Internet Penetration in South Africa

As of 2022, the share of the total population of South Africa using the internet was nearly XX%. This share is estimated to grow up to XX% by 2027. This would be an increase of XX% compared to 2018 when the share of the population accessing the internet in the country was XX%.

There were XX.X million internet users in South Africa in January 2022. South Africa’s internet penetration rate stood at XX.X% of the total population at the start of 2022. Internet users in South Africa increased by XXX thousand between 2021 and 2022.

Internet traffic growth in South Africa has grown by a CAGR of XX% in from 2016 to 2021, with 31 Petabytes of internet traffic per day in 2021. Most data centers in the region are working to drive down energy consumption to advance sustainability in their centers and decrease costs

Market Size

  • Hyperscale data center market in South Africa generated a revenue of USD X million in 2022, expanding at a CAGR of XX.X% in between 2017 and 2022.

  • The surging growth is attributed to the increasing usage of digital and online platforms post COVID-19.

  • The increasing digital/online usage contributed in the growing demand for data storage capability, server hostage and enhanced IT network of enterprises.

  • Social media usage increased from XX% in 2019 to XX% in 2020 due to complete lockdown of the economy which resulted in the increased consumption of online content.

  • Coupled with that, increasing internet penetration rate in between 2017 and 2022, resulted in heavy internet traffic, positively impacting the hyperscale data center market. ~XX% of the overall population were active internet users in 2022.

  • Businesses accelerating their digital transformation strategies to adapt to the shifting culture of online & digital domination contributed in the enhanced demand for cloud computing solutions post COVID-19.

  • Therefore, major hyperscale data center companies invested in expanding their business to cater to the rising demand.

  • Teraco, AWS, and Africa Data Centres among others were the major players operating in the ecosystem as of 2022.

Competitive Landscape in Hyperscale Data Center Market in South Africa, 2022

The competitive rivalry is high among the competitors. Apart from the companies building hyperscale data centers, there are various giants who are planning to set up hyperscale data centers in SA.

  • Teraco, Africa Data Centers and Dimension Data dominated the Hyperscale Data Center Market in South Africa, cumulatively contributing to the majority share of XX% on the basis of revenue generated in 2022.

  • Increasing cloud workloads have influenced companies like Amazon Web Services, Google, Microsoft, Facebook, and Apple to invest huge sums in a single campus to bring out the utmost efficiency

Future Outlook of Industry

The Hyper scale data centre market in South Africa is estimated to generate a revenue of USD XXX million in 2027, expanding at a CAGR of XX.X% in between 2022 and 2027E.

One of the major determinants for the surging growth in coming years is attributed to the favourable government rules & regulations such as Draft National Data & Cloud Policy formulated to support domestic and foreign investments in data and cloud infrastructure. Coupled with that, the National Broadband Policy launched by the government, aiming to improve broadband connectivity among users, schools and public organizations by 2030 will serve as a major demand driver for the growth of HSDC market in South Africa. Increased awareness on environmental impacts and government’s aim to limit carbon footprints by 2030 will result in businesses adapting to a strategy to utilize least amount of energy.

There has also been a drive to lessen energy consumption will act as a catalyst for the increased demand of energy efficient hyperscale data centers in coming years.

Educational institutions leveraging on technologies such as e-learning and digital collaboration coupled with corporate organizations shifting to a hybrid working environment will further contribute in boosting the demand for large scale hyperscale data center in South Africa.

Key Segments Covered

South Africa Hyperscale Data Center Market:

  • By Data Center Size (by Revenue), 2022 & 2027:

  • Large Sized

  • Small & Medium Sized

  • By Industry Users (by Revenue), 2022 & 2027:

  • IT

  • Telecom

  • Government

  • Others

  • By Solutions Provided (by Revenue), 2022 & 2027:

  • Network

  • Storage

  • Servers

  • Others

  • By End Users (by Revenue), 2022 & 2027:

  • Cloud Providers

  • Enterprises

  • Others

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Time Period Captured in the Report:

  • Historical Period: 2017-2022

  • Base Year: 2022

  • Forecast Period: 2022– 2027F

Companies Covered:

  • Teraco

  • Africa Data Centers

  • Dimension Data

  • Vantage Data Centers

  • Amazon Web Services

Key Topics Covered in the Report:

  • South Africa Hyperscale Data Centers Overview

  • Internet Penetration in South Africa

  • Cross Comparison of Data Center Market in South Africa with Other Countries

  • Ecosystem of Hyperscale Data Center Industry in South Africa

  • Business Cycle of Hyperscale Data Center Market in South Africa

  • Construction of Hyperscale Data Centre

  • Features of Hyperscale Data Center Facilities

  • Data Center Trends Driving Digital Transformation

  • Market Segmentation of Hyperscale Data Center Industry in South Africa

  • Porter Five Forces Analysis: South Africa Hyperscale Data Center Market

  • Growth Drivers of South Africa Hyperscale Data Center Market

  • Mergers, Acquisitions and Key Investments in South Africa Hyperscale Data Center Market

  • Issues and Challenges in South Africa Hyperscale Data Center Market

  • Demand Analysis

  • Competitive Landscape

  • Future Market Size of Hyperscale Data Center Industry in South Africa

  • Future Market Segmentation by Companies of Data Centers

  • Future Market Segmentation by Data Center Size

  • Future Market Segmentation by Industry Users

  • Future Market Segmentation by Solutions Provided

  • Future Market Segmentation by End Users

  • Analyst Recommendations

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

South Africa Hyperscale Data Center Market Outlook to 2027 – Driven by the Growing Adoption of Remote Work and Surging Demand of Cloud Computing Solutions: Ken Research

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Global Modular Data Centers Market 2020 By Company, Regions, Type and Application, Forecast To 2025

Global Modular Data Centers Market 2018 By Manufacturers, Countries, Type and Application, Forecast To 2023

3 Key Insights on the US$ 35 Billion Opportunity in the Global Carbon Fiber Composites Market: Ken Research

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Driven by the growing usage of carbon fiber material in automotive, wind power, aerospace, sports goods, and other industries. The Global Carbon Fiber Composites Market is forecasted at approximately US$ 35 Bn by 2028 says Ken Research Study

Carbon Fiber is a long, thin strand of material, formed mostly of carbon items. The carbon items are combined in microscopic crystals that are more or less aligned parallel to the long axis of the fiber. Carbon fiber is a polymer and is sometimes called graphite fiber. Carbon fiber is stronger and lighter than steel, which makes it ideal for manufacturing materials for multiple parts such as sports goods, automobile parts, airplane body structures, and others.

“Ken Research shares 3 key insights on this high-opportunity market from its latest research study.”

1. Increasing Demand for Carbon Fiber in Aerospace Industry, is a Driving Factor for This Market.

According to Ken Research Analysis, the Global Carbon Fiber Composites Market was valued at US$ 12 billion in 2017, it is estimated to be ~US$ 20 billion in 2022 and is forecasted to reach a market size of ~US$ 35 billion opportunities by 2028.

As per International Air Transportation Association (IATA), a trade association for the world’s airlines, mentioned in the fact sheet for June 2022, cargo aerospace revenue is US$ 100.08 billion and is estimated to grow by US$ 191 billion from 2019 to 2022.

Furthermore, In July 2022, Hexcel announced it has signed a long-term agreement with Dassault to supply carbon fiber prepreg for the falcon 10X program.

Carbon fiber is mostly used everywhere in aircraft. For instance, the Boeing 787 Dreamliner passenger plane is composed of 50% composite material by weight, with the major portion of composite material being carbon fiber. The growing aerospace industry is likely to boost the Carbon Fiber Composite Market.

Global Carbon Fiber Composites Market Revenue Forecast

2. Surging Wind Energy Sector, is Likely to Fuel the Carbon Fiber Composites Market Growth.

According to the BP Statistical Review of World Energy 2022, a total of 824.9 of wind turbine capacity in gigawatts (GW) was installed worldwide. China held the majority of the market share 39.9%, and the USA covered the 2nd position with 16.1% of total wind turbines installed worldwide.

Furthermore, the carbon fiber material is used in the manufacturing of turbine blades, which results in higher efficiency, is lightweight, stiffer, and also provides a lower Levelized cost of energy. Furthermore, increasing government initiatives toward clean energy to reduce carbon emissions and other environmental issues. All these factors combine, will lead to the advancement of the wind energy sector, which is likely to impact positively in the carbon fiber composite market.

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China Installed Wild Energy Capacity

3.   High Prices of Carbon Fiber as Compared to Other Materials, are Likely to Hamper this Market.

Composites are used in numerous industries including aerospace, automotive, wind energy, industrial, marine, oil, and gas. Carbon fiber composites are highly used in high-performance automobiles, jet fighters, spacecraft, racing cars, and others. Cost of the carbon fiber composites is the major factor restraining the wide spread of material used in industry. Substitute composites of carbon fibers such as glass fiber, aluminum, copper, basalt fiber, and natural fiber, pose a serious threat to the growth of the carbon fiber composite market because of having similar end-use applications and being cost-effective.

Cost Comparison of Materials

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

Global Carbon Fiber Composites Market

3 Key Insights on ~US$ 25 Bn Opportunity in the Global Automotive Infotainment Systems Market: Ken Research

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The Demand for Cutting-Edge Safety Features, Self-Driving Cars, Digital Cockpits for Driver Assistance, And Entertainment Applications Is Driving the Expansion of The Global Automotive Infotainment Systems Market, which is forecasted to Cross ~US$ 25 Bn by 2028 says Ken Research Study.

A vehicle's interior electronics system is known as automotive infotainment. It offers the driver and passenger entertainment and information. Automotive infotainment system combines audio/video (A/V) interfaces, touchscreens, keypads, and other components to provide navigational services, hands-free phone connections, vehicle voice control, parking assistance, climate management, two-way communication tools, internet access, and other security services. Such elements aid in boosting a vehicle's operating effectiveness and enhancing driver comfort and safety.

Ken Research shares 3 key insights on this high-opportunity market from its latest research study.

1. A Few Key Trends That Are Propelling the Market Growth For Automotive Infotainment Systems Include The Advancement Of Technology That Combines Information And Entertainment.

Automobile manufacturers are fascinated by the creation of automotive infotainment systems as a system that combines information and enjoyment. In developing countries like India, Brazil, and Argentina rise in consumer disposable income and simple financing choices have made it possible for people to purchase a car, which has increased demand for technologically advanced vehicles with practical and smart infotainment systems.

According to Ken Research estimates, the Global Automotive Infotainment Systems Market – valued at around ~US$ 10 billion in 2017 and estimated to reach nearly ~US$ 15 billion in 2022 – is further expected to grow to around ~US$ 25 billion opportunity by 2028.

Global Automotive Infotainment Systems Market Revenue Forecast

2. A High-End Vehicle With A Touch Screen And Cutting-Edge Automotive Infotainment System Is Expected To Boost Market Growth.

 Manufacturers of cutting-edge infotainment systems offer features such as pre-trip planning, parking recommendations, predictive navigation, cloud-enabled synchronization, and others. Using Bluetooth or a Wi-Fi hotspot connection, smartphones can be connected to the in-car entertainment system to access the device's functions. Customers may manage incoming, outgoing, and conference calls through the infotainment system owing to such capabilities. The demand for purchasing a high-end vehicle with a touch screen and cutting-edge automotive infotainment system is rapidly increasing. Such factors are anticipated to boost the demand for automobile infotainment systems worldwide.

The below graph depicts the increased autonomy level in Western Europe forecasted till 2025.

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Western Europe Autonomy Levels

3. Touchscreen Infotainment Can Distract Drivers And Raise Accident Risks And The High Price Of The HD High-Resolution Touchscreen Display Restricts Market Growth.

Interactive information and entertainment systems for entertainment and navigation are now standard in vehicles. The touchscreen infotainment, on the other hand, causes distractions while driving and raises the chance of an accident. To change the music, change the channel, set up the next navigation, or turn on/off the radio, the system frequently requires the driver to look off the road and at the screen. These elements are impeding market expansion during the anticipated term. Additionally, the high price of the HD high-resolution touchscreen display is anticipated to restrain the market's expansion throughout the projection period.

For instance, the average cost of a car navigation system from Pioneer Corporation, Mitsubishi Electric Corporation, and HARMAN International, t is about US$600, US$300, and US$300, respectively.

Average Cost of Car Navigation Unit

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

Global Automotive Infotainment Systems Market

Major Companies in Prosthetics and Orthotics Market | Prosthetics and Orthotics Market – Ken Research

 Driven by the advancement in technology in prosthetics and orthotics along with the rising incidence of road accidents, sports injuries, and the increasing number of diabetes-related amputations, the Global Prosthetics and Orthotics Market is Forecasted to reach nearly US$ 9 Bn by 2028 says Ken Research Study.

Prosthetics is the branch of surgery that deals with the fitting of prosthetic devices, especially artificial limbs in individuals who have lost their limbs. Orthotics is a medical field that deals with the design, manufacture, and fabrication of artificial devices like braces, splints, and others to support damaged or weak joints, bones, muscles, and others.

Ken Research shares 3 key insights on this dynamic market from its latest research study.

1. Rising Advancement in Technology to Design Personalized Prosthetics and Orthotics Encourage Market Growth

The increase in disabilities globally along with the advancement in technology for the development of prosthetics and orthotics devices is likely to augment the growth of the market. The large-scale investments made toward the development of effective and versatile artificial limbs are anticipated to aid in the growth of the Global Prosthetics and Orthotics Market. However, the high cost of artificial limbs and the low-income status of a large population may hinder the growth of the market.



According to Ken Research estimates, the Global Prosthetics and Orthotics Market – valued at around US$ 6 Bn in 2017 and estimated to reach nearly US$ 7 Bn by 2022 – is expected to grow to around US$ 9 Bn opportunity by 2028.

2. Rising Incidence of Sports Injuries is Driving the Market Growth

The rising incidence of sports injuries globally along with the curiosity about sports among people has increased the risk of wounds and fractures that may lead to serious injuries or disabilities, which is expected to boost the demand for prosthetics and orthotics. According to the National Safety Council people playing basketball suffered most sports injuries. An alarming rise in the frequency of sports injuries is likely to poise the growth of the market globally.

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The below graph depicts the frequency of a number of sports injuries in 2020 within American population.

3. High Operation Cost of Prosthetic Devices Is the Most Significant Barrier to the Growth of the Market.

The high cost of devices of prosthetics and orthotics devices along with a large population with low-income status, especially in developing countries, may hamper the growth of the market. A large number of the population in developing countries comes from a middle-class or lower-class family which makes it difficult to afford such high-priced artificial limbs, which may restrict the growth of the market.

The below graph depicts the high operating cost of Myo Prosthesis in US$.

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

Prosthetics and Orthotics Manufacturing Companies

Read Also –

3 Key Insights on Competitive Landscape in the Global Prosthetics and Orthotics Market

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KSA Facility Management Market Size, Forecast, Revenue & Outlook to 2026F: Ken Research

 The report KSA Facility Management Market Outlook to 2026F- Driven by the government initiatives to promote Tourism along with Saudi Vision 2030 and infrastructure developments in the countryprovides a comprehensive analysis of the Facility management market in KSA. The report covers overview and genesis of the industry, service wise market size; market segmentations; analysis on facility management market; trends and developments, issues and challenges and comparative landscape including market shares of major companies, competition scenario, cross comparison and cost sheet of major market players in KSA. The report concludes with future market projections of each service segmentation and Analyst recommendations to win the Facility Management Market in KSA.

KSA Facility Management Market

Facility Management Overview:

Although, the pandemic has affected almost all sectors, yet the facility sector was able to withstand the strike in this period. Rise in real estate market with $155 Bn in market share in 2021, also under Vision 2030, the government has introduced several mega projects like NEOM, The Red Sea etc. comprising of many luxury hotels, thus creating a positive impact in terms of boosting tourism and increasing demand in the hospitality sector. Saudi Arabia aspires to become a significant tourist destination by 2030, with tourism capital expenditure estimated to exceed SAR 200 Bn ($54Bn) in the next ten years. All of these different sectors and projects are directly affecting the facility management sector in KSA.

KSA Facility Management Market Overview:

Demand for facility management services was driven by commercial and real estate expansion, rising awareness among the clients regarding importance of maintenance services for sustainable buildings. The market continues to be attractive because higher competition, leading to greater scrutiny of contracts, contract renewals and customized contracts. Market growth rate was slowed down during covid-19 due to closure of various commercial buildings and restriction but in 2021 industry bounced back with increased demand for cleanliness sanitisation and other services.

KSA Facility Management Segmentations

By Types of Service:

The Facility Management Companies are adopting new technology to automate the various hard and soft services for faster and high-quality service delivery and less reliance of manual labor.

By Types of Soft Service:

Growth in the residential sector as a 23.3% gain in the total value of agreements in 2021, a rise in the hospitality and construction sectors have surged the demand for housekeeping services in the Kingdom.

By Types of Hard Service:

Due to the hot climatic conditions and global warming, the HVAC repair and maintenance segment has expanded at a higher rate in the country.

By Service Type:

An increase in the outsourcing of services has spiked the demand for Integrated services, small scale companies usually opt for single and bundled services, while large scale companies opt for Integrated services.

By End User Sector:

The commercial sector generates the highest demand both for soft and hard services.

In recent years, the Government has started outsourcing the facility management services for airports, hospitals and other infrastructure projects. There was a boom in the residential sector as a result of increased immigration, government effort for affordable housing and cascading effects from an increase in business activities. The industrial sector mostly prefers to employ in-house repair and maintenance services.

By Personnel Type:

Facility management companies are more dependent on hiring outsourced personnel as per project requirement.

To avail the benefits of economy of scale and flexility in permanent workforce, service providers have higher dependence on outsource personnel. Other benefits of outsourcing services are cost effectiveness, easy availability of on demand workers.

Competition Scenario in KSA Facility Management Market

The competition in Facility Management market was observed to be moderately fragmented in KSA. Al Yamama is the market leader owing to most market share and clients. The KSA Facility Management Market also includes other major players like Zahran Operations & Maintenance, Zamil Operations and Maintenance, Almaja G4sl Facility Management and more. Manufacturers are more focused on restoring to cost reduction techniques, mergers and acquisitions and adopting newer technologies to provide greater services.

Ksa Facility Management Market Future Outlook and Projections

KSA Facility Management Market is expected to grow CAGR ~ in 2016-2026F with robust revenue hike during 2022F-2026F. Rapid real estate development in terms of smart city development, new infrastructure developments, and focus on tourism and hospitality promotion will be supporting factor for commercial facility management services revenue. Residential units would be a major booming segment to focus on due to the rising younger population, ex-pats, government-sponsored affordable housing programs to the poor population.

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Time Period Captured in the Report:

  • Historical Period: 2016-2021
  • Forecast Period: 2021-2026F

Companies Covered:

  • Al Yamama
  • Aljahrary Overseas
  • Zahran Operations & Maintenance
  • Zamil Operations and Maintenance
  • Almaja G4sl Facility Management
  • Initial Saudi
  • Safari
  • ENOVA
  • Nesma United
  • Alborj Facility Managment
  • Khidmaah
  • Saudi Emcor (EFS)
  • Musanadah Facilities Management (MFM) 
  • El Seif (ESOM)

Key Topics Covered in the Report

  • Saudi Arabia Real Estate Market Overview, 2021
  • Major Real Estate Giga Projects in Saudi Arabia
  • Saudi Arabia Facility Management Market Ecosystem
  • Business Cycle, Genesis and Timeline of Saudi Arabia Facility Management Market
  • Value Chain & Vendor Selection Process of KSA Facility Management Market
  • Business Acquisition Process in Saudi Arabia Facility Management Market
  • Saudi Arabia Facility Management Market Size, 2021
  • Saudi Arabia Facility Management Market Segmentation, 2021
  • SWOT Analysis of Saudi Arabia Facility Management Market
  • Key Growth Drivers in Facility Management Market in Saudi Arabia
  • Trends and Developments in Saudi Arabia Facility Management Market
  • Major Challenges Faced by the Saudi Arabia Facility Management Market
  • Competition Framework for Saudi Arabia Facility Management Market
  • Future Outlook and Projections of the Industry, 2021-2026F
  • Market Opportunities and Analyst Recommendations

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

KSA Facility Management Market Outlook to 2026F: Ken Research

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Vietnam 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 (Commercial, Industrial, Hospitality, Residential, Infrastructure and Others)

Vietnam Auto Finance Market Analysis, Size, Challenges and Outlook to 2026: Ken Research

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Market Insight

The report Vietnam Auto Finance Market Outlook to 2026F- Driven by digital penetration and dominance of banks along with a shift in consumer preference from 2W to 4W. “Provides a comprehensive analysis of the Auto Finance market in Vietnam. The report covers an overview and genesis of the industry, auto finance market size; market segmentations; analysis of the auto finance market; trends and developments, issues and challenges, and comparative landscape including market shares of major companies, competition scenario, cross-comparison and cost sheet of major market players in Vietnam. The report concludes with future market projections of each segmentation and Analyst recommendations to win the Auto Finance Market in Vietnam.

Vietnam Automotive Overview

Although the pandemic has affected almost all sectors, the automotive sector was one of the worst hits among all the other sectors. The impact of COVID-19 dampened the demand for new vehicles, with a serious decrease in new vehicle sales, with 33% lower sales than in 2019. The lack of capital investment and requisite experience and technology to manufacture components considerably hamper Vietnam’s automotive industry. Vietnam imported $1.4 Mn and exported $0.1 Mn vehicles, making it a heavy importing country for vehicles in 2021.How Is Auto Finance Market Positioned In Vietnam?

Vietnam Auto Finance Market Overview:

The Pandemic has resulted in the slow growth of Auto Finance where Vietnamese preferred to own a private vehicle to avoid public transportation. The Vietnamese Government has also decided on a motorbike ban after 2030 to reduce traffic congestion and emissions. The market has also seen a shortage of semiconductor chips which has dropped the market growth rate from 2019 to 2021. Also, with the growing purchasing power of the middle class, the number of customers buying a passenger vehicle increased due to its status symbol. The economy is also flourishing with Foreign Direct Investments (FDI) as the driving force where the total registered FDI inflow was $ 38.8 Bn in 2021.

Vietnam Auto Finance Market Segmentations

By Type of Vehicle Financed:

Technology disruption in the economy has boosted the auto finance industry via mobile or web-based platforms that allow easy viewing, comparisons of price, time period offered and applying for different loan services available.

By Tenure of New and Used Vehicles: People in Vietnam switch their cars every 4-5 years and hence, majority of auto loans are taken for a duration of more than 3 years.

By Type of Motor Vehicle: Commercial Vehicles are used for service purposes, especially for migrants who do not own a car to commute. Vietnamese prefer commercial vehicles for long-distance travel as it offers a cheaper fare.

vietnam-auto-finance-market

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By Type of Passenger Vehicle: The Government of Vietnam has decided to ban 2w/ motorcycles by 2030. The decision is motivated by the fact that the middle class is growing and will be able to buy cars.

By Type of Commercial Vehicle: Vietnamese preferred owning a private vehicle, especially LCV’s due to personal choice along with long servicing life and fuel efficiency of the vehicle.

By Type of Lenders: Banks hold the majority of auto financing, however, there is a recent trend towards non-banking financial institutions in Vietnam.

By Type of Lending Bank: Vietnamese prefer lending from government banks/ institutions as the interest rate policies are more transparent in public sector banks than private banks.

Competition Scenario In Vietnam Auto Finance Market

The competition in the Auto Finance market was observed to be a moderately consolidated market in Vietnam. VIB is the market leader owing to the most market share and clients. The Vietnam Auto Finance Industry also includes other major players like Toyota Financial Services, TP Bank, VP Bank, Vietin Bank, and more. Companies are striving to adopt higher technological advancements to improve operational profits along with a rich customer experience.

Vietnam Auto Finance Market Future Outlook and Projections

Vietnam Auto Finance Market is expected to grow CAGR ~ in 2016-2026F with a robust revenue hike during 2022F-2026F. Digitalization in Vietnam is anticipated to rise in the future which will lead to an increase in the Auto Finance market with multiple offline and e-platform players entering the market. Also, the increase in the population and growing income levels leading to rising in sales of cars is expected to drive the rise in Auto Outstanding Loans in Vietnam. Used Vehicles are more likely to be purchased by the bourgeois as they are usually cheaper with less insurance coverage compared to the new vehicles. The Vietnam government has proposed a regulation wherein the import of used vehicles older than 5 years has been discontinued which is expected to boost the sales of domestically produced used vehicles in the future. A similar trend where post the pandemic, Vietnamese have been preferring to own a private vehicle to avoid public transportation is anticipated to occur. Banks and other financial institutions are putting their best effort into promoting their consumer finance products and increasing finance penetration in the future. The accessibility to finance is expected to grow with an increase in the number of multi-finance companies which will further increase the share of auto finance companies in the country.

Key Segments Covered: -

Vietnam Auto Finance:

By Type of Vehicle financed

New

Used

By Tenure:

1 year

2 years

3 years and more

By Type of Motor Vehicle:

Commercial

Passenger

By type of commercial motor Vehicle:

LMV

MCV

HCV

By Type of passenger motor vehicle

2W

3W

4W

By Type of Lender:

Banks

OEMs/Captives

NBFC

By Type of Lending Bank:

Government

Private

Key Target Audience

Vietnam Auto Industries

Government Bodies & Regulating Authorities

Financial Institutions

Manufacturing Companies

Automobile Distributors

Automobile Dealers and Associations

Investors & Venture Capital Firms

Time Period Captured in the Report:

Historical Year: 2016-2021

Base Year: 2021

Forecast Period: 2022F– 2026F

Major Banks:

Bank for Investment & Development

Vietcom Bank

Sacom Bank

Techcom Bank

Shinhan Bank

Vietnam International Commercial Joint Stock Bank

Vietin Bank

Tien Phong Bank

Woori Bank

Key Topics Covered in the Report

Vietnam Automotive Industry Overview

Vietnam’s Online Auto Finance Market Ecosystem

Business Cycle, Genesis, and Timeline of Vietnam Online Auto Finance Market

Vietnam Auto Finance Value Chain Analysis

Vietnam Auto Finance Market Size, 2021

Vietnam Auto Finance Market Segmentation (by Type of Vehicle Financed, by Type of Motor Vehicle, by Type of Passenger Vehicle, by Type of Commercial Vehicle, by Type of Lenders, by Type of Lending Banks, by Tenure of New and Old Vehicles), 2021

SWOT Analysis of Vietnam Auto Finance Market

Government Regulations of Vietnam Auto Finance Market

Trends and Developments of Vietnam Auto Finance Market

Decision Making Parameter for Selecting Car Loan Vendor

Issues and Challenges in Vietnam Auto Finance Market

Customer Analysis of Auto Finance Market in Vietnam

Competition Overview of Auto Finance Market in Vietnam

Future Outlook and Projections of Auto Finance Market in Vietnam, 2021-2026F

Impact of COVID-19 on Auto Finance Market in Vietnam

Analyst Recommendations for Online Auto- Finance Market in Vietnam

For more insights on the market intelligence, refer to the link below: -

Vietnam Auto Finance Market Analysis

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Singapore Auto Finance Market

Thailand Auto Finance Market

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KSA Buy Now Pay Later Market Outlook to 2027: Ken Research

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How BNPL Market is positioned in KSA?

The report titled KSA Buy Now Pay Later Market Outlook to 2027- Driven by digitalization, government support as a part of Saudi vision 2030 increasing Genz & millennials population due to influx of expatriates coupled with shifting preference towards easy interest free extra credit line sources” by Ken Research provides a comprehensive analysis of the potential of KSA BNPL Industry. The report also covers overview and genesis of the industry, market size in terms of revenue generated, number of transactions and average order value; market segmentation by, by type of end users, By Age Group of Consumers; challenges and bottlenecks, growth enablers and drivers; regulatory framework; competitive landscape including competition scenario, market shares of major operators - Cross Comparison of BNPL players on major decision making parameters for brand preference. The report concludes with future market projections of each segmentation.

KSA BNPL market overview

BNPL services serve a huge need in Middle East and North Africa (MENA) region. This is iterated to the fact that there was an exponential inflection point in Ecommerce adoption that happened in the last 12 months in the region, where eCommerce penetration was previously lower than other parts of the world but is now slated to become one of the most penetrated regions globally.

Market Overview of Buy Now Pay Later Industry in KSA

Buy now, pay later (BNPL) arrangements are becoming increasingly popular in Saudi Arabia, a trend that has been fuelled by the e-commerce boom and embraced by the country’s youth, tech-savvy population eager to adopt what they feel is a more convenient and transparent way to finance purchases.

During the LEAP tech conference held recently in Riyadh, global payment solutions provider Checkout.com shared findings from a survey of Saudi consumers it conducted in partnership with YouGov, and shared key growth metrics, outlining the rapid expansion of Saudi Arabia’s e-commerce market, and rising eagerness from the public to use BNPL products.

Trends perceived by Checkout.com have also been witnessed by other payment services providers. Tamara, a Saudi BNPL platform, was launched just a little over a year ago and is already seeing massive traction.

Checkout.com, which provides merchants with online payment options, said every sector of the Saudi economy for business-to-consumer (B2C) goods and services saw increased digital spending in 2021. Nearly half (48%) of Saudi consumers plan to spend even more on e-commerce in the next 12 months, with 40% citing the opportunity for cross-border shopping as a key reason why they now shop online.

The company observed changing payment preferences, with 55% of Saudi Arabian consumers indicating having used BNPL payment methods such as Tamara in 2021. A further 27% said they have not yet used BNPL but intend to do so in 2022.

Booming BNPL adoption is part of the broader digital shift that’s been ongoing. At the LEAP conference, Checkout.com founder and CEO Guillaume Pousaz said the company has seen a 470% increase in its own transaction volumes in Saudi Arabia since 2019, “a testament to just how fast the Kingdom’s digital economy is expanding,” the company said in a statement.

ksa-buy-now-pay-later-market

Key Segments Covered in KSA BNPL Market:-

Market Size of Buy Now Pay Later in KSA

on the basis of Revenue, 2019-2022P

on the basis of Number of Transactions, 2019-2022P

on the basis of Average Order Value, 2019-2022P

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Market Segmentation By mode of payment

Online

Offline

Market Segmentation By end user

Ecommerce Giants

Physical Retailers

Travel and entertainment Merchants

Food Merchants

Market Segmentation By age group:

Below 24

24-36

36-50

Above 50

Key Target Audience:-

Bankers and associations

Government associations

Corporates

Investment firms

Government Bodies & Regulating Authorities

Fintech companies

Venture capitalists

Time Period Captured in the Report:-

Historical Year: 2019-2021

Base Year: 2022

Forecast Period: 2023– 2027F

Companies Covered:-

Tabby

Spotii

Tamara

Cashew

PostPay

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

KSA Buy Now Pay Later Industry

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UAE Buy Now Pay Later Industry Outlook to 2027: Driven by adoption of cashless society, increasing Genz & millennials population coupled with shifting preference towards easy interest free extra credit line sources

3 Key Insights on Competitive Landscape in the Global Hard Seltzer Market: Ken Research

Regional Players Dominate the Market Holding nearly 50% of Revenue Share despite the Presence of about 150 Competitors Comprising Global Players, Regional Players, and Country-Niche Players find a recent market study on the Global Hard Seltzer Market by Ken Research.

Hard Seltzer, also known as spiked seltzer, hard sparkling water, and alcoholic seltzer, is a blend of carbonated water, fruit flavoring, and alcohol. The flavors differ from brand to brand and from basic flavors like lime, black cherry, ruby grapefruit, and others to more elevated flavors such as lemon agave hibiscus, cucumber peach, melon basil, and others.

Ken Research shares 3 key insights on the competitive landscape of this dynamic market from its latest research study.

Regional players comprise ~55% of the Total Number of Competitors and hold ~50% of the Total Market Revenue

A comprehensive competitive analysis conducted during the Research Study found that the Global Hard Seltzer Market is highly competitive with ~150 players which include globally diversified players, regional players as well as a large number of country-niche players who have their niche in the Hard Seltzer Market. The global players comprise ~10% in terms of the number of companies and hold about 30% of the market share. Key players in the market are focused on introducing unique flavored hard seltzer drinks and are engaged in promoting their products on social media to gain significant market share.

Global Hard Seltzer Market

Leading Players are Engaged in Collaboration to Expand its Hard Seltzer Business

Detailed comparative analysis of key competitors available within the Research Study shows that key players such as Anheuser-Busch InBev, White Claw Seltzer, and BON V!V among others are highly focused on strategic developments such as product launch, expansion, collaboration, investments, and others. Furthermore, hard seltzer brands are partnering to expand their business and are also engaged in promotion activities of hard seltzer products by collaborating with big celebrities and other social media influencers, which is expected to boost the growth of the Global Hard Seltzer Market.

  • In May 2021, BON V!V and the brand’s creative advisor Priyanka Chopra Jonas launched Raspberry Dragonfruit Hard Seltzer. The new product is a premium and unique flavored combination that contains zero grams of sugar and has a refreshing taste. The product comes in new sleek metal packaging and with Priyanka Chopra Jonas’ signature. The company aimed to enhance its product portfolio.
  • In April 2021, Corona Seltzer partnered with FaZe Clan, a popular esports and entertainment organization, to help fans and gamers of all skill levels to unlock the new experience. The partnership aimed to introduce a national gaming tournament, create unique branded content, and introduce new experiences for fans and gamers aged above 21. Corona Seltzer aimed to educate fans and gamers about the legal drinking age.

Worldwide Hard Seltzer Market

Increased Manufacturers Initiatives Promote Hard Seltzer Market Growth and Development

  • In January 2022, Wild Drum, an Indian hard-seltzers brand introduced a low-calorie, vegan, and gluten-free hard seltzer beverage in four flavors namely Mango, Lemon-Mint, Pure, and Peach. The drink was prepared with clear carbonated water, alcohol, and natural fruit flavorings and has less than 99 calories per serving. The company aimed to fulfill the demand for health-conscious consumers, the vegan population, and others.
  • In February 2021, Anheuser-Busch InBev invested US$ 1 billion in its USA manufacturing facility of hard seltzer to increase production. The company aimed to increase production to fulfill the demand for hard seltzer among consumers as it is perceived to be a healthier drink in comparison to beer. The company is focusing on ramping up the production as well as the marketing of the drinks.

Key Topics Covered in the Report: -

Snapshot of the Global Hard Seltzer Market

Industry Value Chain and Ecosystem Analysis of the Hard Seltzer Market

Market size and Segmentation of the Global Hard Seltzer Market

Historic Growth of the Overall Global Hard Seltzer Market and Segments

Competition Scenario of the Hard Seltzer Market and Key Developments of Competitors

Porter’s 5 Forces Analysis of the Global Hard Seltzer Industry

Overview, Product Offerings, and Strategic Developments of Key Competitors

COVID-19 Impact on the Overall Global Hard Seltzer Market

Future Market Forecast and Growth Rates of the Global Hard Seltzer Market and by Segments

Market Size of Application/End-User Segments with historical CAGR and Future Forecasts

Analysis of the Hard Seltzer Market in Major Regions

Major Production / Consumption Hubs in the Major Regions

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

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

Overview of Notable Emerging Competitor Companies within Each Major Region

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Major Companies Mentioned in the Report

Anheuser-Busch InBev

White Claw Seltzer

The Boston Beer Company

San Juan Seltzer

Hard Seltzer Beverage Company, LLC

BON V!V

THE SMIRNOFF CO.

Blitz-Weinhard Brewing Company

Molson Coors Beverage Company

Corona Seltzer

Notable Emerging Companies Mentioned in the Report

Heineken

Pursue Hard Seltzer

Sonic Hard Beverages

The Coca-Cola Company

Mode

Key Target Audience – Organizations and Entities Who Can Benefit by Subscribing This Report

Hard Seltzer Producers

Spiked Seltzer Producers

Alcoholic Beverages Manufacturers

Hard Sparkling Water Manufacturers

Alcoholic Beverages Companies

Carbonated Drinks Companies

Suppliers of Packaging Materials (Suppliers of Bottles, Corks)

Food Regulatory Authorities

Alcoholic Beverages Regulatory Authorities

Government Ministries and Departments of Alcoholic Beverages

Investment Banks and PE Firms Focused on Alcoholic Beverages Industry

Potential Entrants into Alcoholic Beverages Industry

Beverages Research and Development Associations

Investment Banking & Financial Institutes

Research & Development Institutes for Alcoholic Beverages Sector

Investors in Hard Seltzer Start-ups

Investors in Alcoholic Beverages Start-ups

Environmental Regulatory Bodies

Packaging Equipment Manufacturers

Government & Food Safety Regulations

Caffeine Producers

Sweetener Producers

F&B Marketing Agencies

Government Departments for Food Standards

Period Captured in the Report

Historical Period: 2017-2021

Forecast Period: 2022E-2028F

For more insights on the market intelligence, refer to the link below: -

Global Hard Seltzer Market Analysis

Qatar Auto Finance Market Size, Growth Rate, Forecast, Revenue & Outlook to 2026F: Ken Research

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The report Qatar Auto Finance Market Outlook to 2026F– Driven by Increasing Vehicle Prices and Low Interest Rate in The Country by Ken Research provides a comprehensive analysis of the potential of Auto Finance industry in Qatar. The report also covers an overview and genesis of the industry, market size in terms of credit disbursed; market segmentation by types vehicle financed, by tenure for new and used vehicles, types of lenders, by types of commercial and passenger vehicles; growth enablers and drivers; challenges and bottlenecks; trends driving adoption trends; regulatory framework; end-user analysis, industry analysis, competitive landscape including competition scenario and market shares of major players. The report concludes with future market projections of each market segmentation and analyst recommendations.

Qatar Auto Finance Market Outlook

Qatar Automotive Overview

Qatar does not manufacture and export motor vehicles itself, however they do re-export motor vehicles. Qatar majorly exports vehicles from Japan, Germany and USA.

In 2019, Qatar re-exported $ ~ Mn worth of Motor Vehicles. Electric vehicle (EV) adoption is still at an early stage, but Qatar is taking serious steps towards electrification. It aims to have ~% of Qatar’s public transit bus fleet from gasoline to electric by 2022. Qatar has automotive investments in several countries, including bus production in Oman and vehicle production in Turkey.  The Qatar Investment Authority also owns a stake in German carmaker, Volkswagen

How Is Auto Finance Market Positioned In Qatar?

The Qatar auto finance market experienced a downfall due to factors like Covid outbreak and reduction in population of expats in the country. Covid impacted the production in the market, car manufacturers couldn’t predict the vehicles demand in the future and hence miscalculated the production requirements. The rise in the sale of motorcycles for online food delivery business is contributing in recovery of auto finance sector in the country post COVID-19. Competition is increasing among banks, NBFCs and captives which forced banks to rethink their lending strategy in order to maintain their high market share. Banks are providing 100% and 80% finance for electric and hybrid car/vehicles to Qatari customers and expats to reward them for making an environmentally-friendly choice. This is expected to attract the consumers to opt for auto financing in the country.

Qatar Auto Finance Market Segmentations

By Type of Vehicle: Used vehicle would have a greater demand in the market post COVID-19 since there is shortage in manufacturing and supply of new vehicles. The market is regaining at a steady rate due to increasing demand for personal vehicle post Covid.

By Tenure of Loan for Old Vehicles: Sales of new cars is expected to decline as public transport infrastructure has been improving drastically with the investment of around $ 70 billion in transportation projects in the country.

By Tenure of Loan for New Vehicles: Usually, period of 3 to 4 years is the most common loan tenure for vehicle in the country.

By Type of Commercial and Passenger Motor Vehicle: The commercial vehicle segment is dominating the Qatar Auto Finance Market.

By Type of Passenger Motor Vehicle: In passenger vehicle, the share of 4W is largest because the price of car is comparatively higher than 2W and others.

By Type of Lending Bank: Qatar National Bank is the largest government bank in Qatar and it has subsidiaries and associate companies in more than 30 countries across three continents.

By Type of Commercial Motor Vehicle:

LCV is the majorly used commercial vehicle in Qatar because it is used in transportation of goods. Also, the country is growing its e-commerce which help LCV segment to grow in the country.

By Type of Lenders: Bank is dominant in the auto finance market in Qatar because banks are legally recognized and more reliable source of financing.

Industry Analysis of Qatar Auto Finance Market

  • National Vision 2030 and FIFA World Cup 2022: Increased Government spending on infrastructure and employment leading to an increase in per capita income and wages would lead to higher sales of automotive and boost auto finance market.

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  • Post-Covid Recovery: Covid-19 and Work from Home culture affected sales of Automotive industry. However, 2022 onwards it is expected that sales will recover as offices will re-open and commercial activities will increase.

Bottlenecks and Challenges in Qatar Auto Finance Market

  • Trade Embargo: Automotive continued to experience a slowdown due to the Trade Embargo imposed on Qatar by UAE, Bahrain and Egypt.
  • Time consuming process: Often high amount of paperwork is required for a salesperson and customer to complete an average car loan application.

Key Segments Covered

Qatar Auto Finance:

  • By Type of Vehicle financed
  • New
  • Used
  • By Tenure (for New and Old Vehicles):
  • 1 year
  • 2 years
  • 3 years and more
  • By Type of Lender:
  • Banks
  • OEMs/Captives
  • NBFC
  • By Type of Lending Bank:
  • Government
  • Private
  • By Type of Commercial and Passenger Motor Vehicle:
  • Commercial
  • Passenger
  • By type of commercial motor Vehicle:
  • LMV
  • MCV
  • HCV
  • By Type of passenger motor vehicle
  • 4W
  • 2W and others

Key Target Audience

  • Qatar Auto Industries
  • Government Bodies & Regulating Authorities
  • Finance Industry
  • Car company
  • Automobile dealers and users

Time Period Captured in the Report:

  • Historical Year: 2016-2021
  • Base Year: 2021
  • Forecast Period: 2021– 2026F

Companies Covered:

  • Qatar National Bank
  • Doha Bank
  • Commercial Bank
  • Al khaliji commercial bank
  • Ahli bank
  • Qatar Islamic International Bank
  • Qatar Islamic Bank
  • Dukhan bank
  • Masraf Al Rayan
  • HSBC
  • Standard Chartered Check
  • International Bank of Qatar
  • First Finance Company
  • Al Jazeera Finance

Key Topics Covered in the Report

  • Qatar Automotive Market Overview
  • Ecosystem of Qatar Auto Finance Market
  • Qatar Auto Finance Value Chain Analysis
  • Business Cycle and Timeline of Major Banks in Qatar Auto Finance Market
  • Market Sizing Analysis of Qatar Auto Finance Market, 2016-2021
  • Qatar Auto Finance Market Segmentation
  • SWOT Analysis of Qatar Auto Finance Industry
  • Trends and Developments in Qatar Auto Finance Industry
  • Decision Making Parameter for Selecting Car Loan Vendor
  • Issues and Challenges in Qatar Auto Finance Industry
  • Growth Drivers of the Qatar Auto Finance Market
  • Government Policies and Initiatives for Qatar Auto Finance Industry
  • COVID-19 Impact on Qatar Auto Finance Market
  • Competition Framework for Qatar Auto Finance
  • Future Outlook and Projections of the Qatar Auto Finance Market
  • Market Opportunities and Analyst Recommendations

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

Qatar Auto Finance Market Outlook to 2026F: Ken Research

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Philippines Auto Finance Market Outlook to 2024- Growing Prominence of Captive Finance and Surge in Used Car Sales Supporting Disbursement for Auto Loans