Monday, March 13, 2023

The focus of consumers towards a healthier lifestyle is increasing exponentially along with the continuously growing popularity of flexible workouts, balanced diets, and improved healthcare which is driving the Bahrain Fitness Services Market: Ken Research

 Bahrain’s Fitness Service Market is at a growing stage and is a fragmented market with few major fitness providers. The Bahrain Fitness Services Market has seen emergence of more players over the past 5 years. Few of them include The Nourishers, GO FIT, VH Holistic, FIT Gym & Spa etc.

Key Findings

  • Preventative health care is becoming increasingly popular. Instead of prescribing medicine, professionals are now thinking about lifestyle changes.
  • Virtual or online fitness is encouraging regular exercises among older adults to stay fit and prevent various health problems which arise with age.
  • Increased pressure on healthcare systems from chronic diseases is a major concern in many developing countries. The rise in preventable diseases means the need for healthy eating plans, fitness instruction, and flexible exercise is at an all-time high.

Innovation and Technology in Fitness Market: Changes in technology impact almost every industry and everything we do. You now have wearable technology, smart fitness clothing, and high-spec home gyms with personal coaching underpinned by artificial intelligence. Wearable technology is allowing users’ to be more aware of their own health and fitness. With the ability to track every step, calorie, what their heart rate and blood pressure is, and how to improve their health. Once you start paying attention to this digital feedback, it helps you to make more healthy decisions, driving many consumers to look for solutions in health clubs and fitness studios.

Growing popularity of online or virtual fitness programs among older age group (Elderly Population): Virtual or online fitness is encouraging regular exercises among older adults to stay fit and prevent various health problems which arise with age. The elderly individuals are significantly focusing on healthier lifestyle and they pursue advices from certified fitness professionals, which can direct them to achieve wellness through training and dietary recommendations. The adoption of virtual fitness is gaining momentum among this age group as they are hiring personal virtual trainers, for the correct execution of fitness training routines.

Preventative Health Care is gaining prominence: Traditionally, medical professionals practice curative medicine, to cure an existing condition. However, preventative health care is becoming increasingly popular. Instead of prescribing medicine, professionals are now thinking about lifestyle changes, looking at the food you eat and your level of activity. This proactive approach is an empowering method that yields several benefits for both individuals and the health care system. the number of healthcare professionals who recommended healthy eating and regular exercise has risen significantly. Practices like yoga which focus on breath work and reducing stress have risen in popularity.

Analysts at Ken Research in their latest publication Bahrain Fitness Services Market Outlook to 2027F- By Type of Market (Organized Market, Unorganized Market), By Source of Revenue (Membership Fee, Personal Training), By Payment Method (Card, Cash, Bank Transfer, Digital wallet, Others), By Subscription Period (1 Month, 3 Month, 6 Month, 12 Month), By Session Type (Group, Solo) and By Gender (Female, Male).” observed the potential of the Fitness Services market in Bahrain. A large number of Fitness Services companies are operating in the Bahrain Fitness Services Market. These companies compete on various strengths such as pricing of the service offered, amenities, hygiene, presence on social media platforms etc. The Bahrain Fitness Services Market is expected to grow at CAGR of ~% over the forecasted period i.e., 2022-2027F.

Bahrain Fitness Service Market Revenue

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Key Segments Covered in the report

Bahrain Fitness Services Market

By Type of Market:

  • Organized Market
  • Unorganized Market

By Source of Revenue:

  • Membership Fee
  • Personal Training

By Payment Method

  • Card
  • Cash
  • Bank Transfer
  • Digital wallet
  • Others

By Subscription Period:

  • 1 Month
  • 3 Month
  • 6 Month
  • 12 Month

By Session Type:

  • Group
  • Solo

By Gender:

  • Female
  • Male

Key Target Audience

  • Fitness Equipment Manufacturers
  • Fitness Equipment Distributors
  • Fitness Centers
  • Government Organizations
  • Investors
  • Industry Associations
  • Consulting Agencies

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Time Period Captured in the Report:

  • Historical Year: 2017-2022P
  • Base Year: 2022P
  • Forecast Period: 2022P– 2027F

Companies Covered:

  • The nourishers
  • UFit-Ltd
  • GoFit
  • Tamarran
  • Qongfu
  • FIT Gym & Spa
  • Cobra Fitness
  • F45 Training
  • Grip Fitness Center
  • HV Holistic
  • Reps Fitness Studio
  • Ride Nation

Key Topics Covered in the Report

  • Socio-Economic Landscape of Bahrain
  • Direct and Indirect Economic Impact of Fitness Industry in Bahrain
  • Overview of Commercial Gyms in Bahrain Health and Fitness Market
  • Snapshot of Digital Fitness Market in Bahrain
  • Assessment of the Indirect Economic Impact of Fitness Industry in Bahrain
  • Bahrain Fitness Equipment Industry Market Size
  • Evaluation of Premiumization on Real Estate Sector
  • Assessment of the Indirect Economic Impact of Fitness Industry in Bahrain
  • Overview of Healthcare Scenario/Health Statistics
  • Potential Health Implications and Health Cost Reductions
  • Customer Mindset for Fitness Services
  • Impact of COVID 19 on Fitness Industry in Bahrain
  • Future Outlook and Projections for Bahrain Fitness Services Market
  • White space and Opportunities existing in the Bahrain Fitness Services Market
  • Research Methodology

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

Bahrain Fitness Services Market Outlook to 2027F: Ken Research

Related Reports by Ken Research: –

Vietnam Fitness Services Market Outlook to 2023

Indonesia Fitness Services and Equipment Market Forecast to 2020

Qatar Fitness Services Market Outlook to 2025F

Mexico Lubricants Market Outlook to 2027F: Ken Research

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What is the Size of Mexico lubricant Industry?

Mexico Lubricant market is growing at a CAGR of ~% in 2017-2022 and is expected to reach MXN ~ Bn by 2027F. The Mexico Lubricant Market is largely driven by manufacturing industry growth, construction growth, automotive growth, trade agreements and foreign investment.

In automotive applications, lubricants are widely used in things like transmission and heavy-duty diesel engine oils for passenger cars. In certain auto processes, such as the movement of chains and pistons, lubricants are also used. The increase and rise in demand for autos around the world is predicted to be the main factor driving the need for lubricants. The strong heat resistance and high effectiveness of lubricants in high-temperature situations are projected to support the market's expected growth rate.

Also, due to the lubricant's distinct quality, which is mostly dependent on a number of characteristics including hydraulic stability, a high viscosity index, strong resistance to oxidation, a high boiling point, and thermal stability, demand for them is on the rise. These features help to reduce friction in many applications, which is also to blame for the increased need for lubricant on a global scale. The market growth rate has been predicted by the growing usage of lubricants due to their superior features.

Mexico Lubricant Market by type of lubricant

The Mexico Lubricant market is segmented by type of lubricant into industrial and automotive lubricant. Mexico uses more automotive lubricant as it is in high demand in market.

Mexico Lubricant Market by grade of lubricant

The Mexico Lubricant market is segmented by grade of lubricant into mineral, synthetic and semi-synthetic. Semi-synthetic has the highest market share in Mexico lubricant market as they have both the properties of mineral and synthetic lubricants.

Mexico Lubricant Market by type of industrial lubricant

The Mexico Lubricant market is segmented by type of industrial lubricant into hydraulic fluid, grease, gear oil, metalworking fluid and others. Lubricants such as engine oils, transmission fluids, hydraulic fluids, gear oils, and grease are used to prevent wear and tear in a variety of automotive applications. With the increased use of used cars and various government initiatives to promote the automotive sector in the country, the lubricant market will expand in the coming years.

Mexico Lubricant Market by End User of Industrial Lubricant

The Mexico Lubricant market is segmented by grade of lubricant into construction and mining, general manufacturing, metal production, power generation, food processing and others.

Key Segments Covered in the report:-

Mexico Lubricant Market

Mexico Lubricants Market Segmentations

By Type of Lubricant

Industrial Lubricant

Automotive Lubricant

By Grade of Lubricant

Mineral

Semi-Syntenic

Synthetic

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Mexico Industrial Lubricants Market Segmentations

By Type of Industrial Lubricant

Hydraulic Fluid

Grease

Gear Oil

Metalworking Fluid

Others (Turbine Oil, Compressor Oil, etc.)

By End Use of Industrial Lubricant

Construction and Mining

General Manufacturing

Metal Production

Power Generation

Food Processing

Others (Agriculture, Medical, etc.)

By Distribution Channel

Dealer Network

Direct Sales Premium

Unorganized Sector

Mexico Automotive Lubricants Market Segmentations

By Type of Automotive Lubricants         

Heavy-Duty Diesel Engine Oil

Passenger Vehicle Motor Oil

Transmission Fluids

Hydraulic Oil

Greases

Gear Oils

By End Use of Automotive Lubricant

Commercial Vehicles

Passenger Cars

Motor Cycles

Marine

Others (Aviation, Railways, etc.)

By Distribution Channel

Dealer Network

OEM Workshops/Service stations/Local Workshops

Supermarkets/ Hypermarkets

Online

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Key Target Audience:-

Lubricants Manufacturers

Lubricants Distributors Refining Companies

Construction and Mining Industry

General Manufacturing Industry

Metal Production Industry Base-oil Companies

Additive Companies

Metal Production Industry

Power Generation Industry

Food Processing Industry

Agriculture Industry

Medical Industry

Automotive OEMs

Automotive Dealerships

Government Agencies

Consulting and Advisory Firms

Time Period Captured in the Report:-

Historical Period: 2017-2022

Base Year: 2022

Forecast Period: 2022-2027F

Companies Covered:-

Bardahl

BP PLC (Castrol)

Chevron Corporation

ExxonMobil Corporation

Mexicana de Lubricantes S.A. de C.V.

Raloy

Roshfrans

Royal Dutch Shell Plc

Total Energies

Valvoline Inc.

Gulf

Shell

Key Topics Covered in the Report

Mexico Industrial and Automotive Overview

Ecosystem, Business Cycle and Genesis Mexico Lubricants Market

Market Sizing Analysis and Segmentation of Mexico Lubricants Market, 2017-2022

Mexico Industrial Lubricants Market Segmentation, 2022

Mexico Automotive Lubricants Market Segmentation, 2022

Industry Analysis Mexico Lubricants Market

End User Analysis of Mexico Lubricants Market

Competitive Framework of Mexico Industrial and Automotive Lubricant Market

Future Market Size and Future Segmentation of Mexico Industrial and Automotive Lubricant Market, 2022-2027F

Market Opportunity and Analyst Recommendations

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

Mexico Lubricants Market

Related Reports:-

Oman Lubricants Market Outlook to 2027F

Australia Lubricants Market Outlook to 2027F

Kenya Lubricants Market Outlook to 2027F

Friday, March 10, 2023

The China Corporate Training Market is expected to contribute CNY ~ Mn by 2027 owning to Changing working style and increasing use of technology: Ken Research

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China Corporate Training Market is at growing stage and has moderately fragmented market with more than 70 players in market. Players are competing against each other on the basis of price, post training support, brand value, clientele, trainer’s qualifications, customizations and value-added service.

  • Changing working style will drive the employee training demand. Companies will shift from the traditional classroom training to the digital training set-up.
  • Corporate training is intended to enrich the professional skill set of employees through activities and lessons, and help them improve their work performance, resulting in organizational productivity.
  • Increasing use of technology with latest device and mobile learning are some of the next generation technologies which will help the market to grow.

Utilization of AI in Corporate Training: Artificial intelligence is making inroads into corporate training solutions. Service providers guide learners through the software. Integrating artificial intelligence with an LMS for corporate training will help predict learner behavior, allowing the programme to generate personalized learning patterns. Voice-guided bots are being used in the corporate training ecosystem to ensure an interactive learning experience. The shift to micro learning is also assisting with these AI-based training solutions. This pattern will significantly increase people's average retention capacity, driving the demand in China.

Remote Training: Upskilling at the unit level as well as organizational-wide transformational training will be necessary as a result of the growing digitalization of business operations and the growing need to adapt to the remote workstyle. The need for technical and non-technical training, such as instruction in remote working, remote management, crisis leadership, and others will escalate as a result of the company's COVID response strategy.

Analysts at Ken Research in their latest publication China Corporate Training Market Outlook to 2027F- Segmented by rising enterprises, technological developments and market investment” observed that Corporate Training Market in China is at growing stage. The AI based learning, cost-effective e-learning training, mobile-based training and the emergence of IoT along with government initiatives are expected to contribute to the market growth over the forecast period. The market is expected to grow at an ~% CAGR during 2023-2027.

China Corporate Training Industry

Key Segments Covered in the report:-

China Corporate Training Market

By Industry Verticals

IT/ITES

Telecom

BFSI

FMCG/Retail

Automobile

Manufacturing

Healthcare

By Types Of Training Services

Technical

Leadership

Managerial

Sales

Customer Management

Quality Training

Technical Training

Soft Skills

Brand Training

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By Deployment

On-Site

Off-Site

By Designation Of Employee

Managerial

Non-Managerial

Integrated

By Mode Of Learning

Instructor Led Classroom Only

Blended Learning

Virtual Classroom

Online or Computer Based Methods

Mobile and Social Learning

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: 2017-2021

Base Year: 2022

Forecast Period: 2023-2027F

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Companies Covered

Ultimahub

Tang Cultural Media

Jiangsu Vital Fintech Data Corp

Hefei KJLink Technology Company Limited

Zhejiang Unicall Information Technology Service Co., Ltd.

NobleProg

Jinan Tian Rui Foreign Enterprise Human Resources Service Co., Ltd.

Nanning Corporate Training Solutions

Key Topics Covered in the Report:

China Corporate Training Market Overview

Supply Scenario & Decision-Making Parameters

Business and Investment Models China Corporate Training Market

China Corporate Training Market Size

China Corporate Training Market Segmentation

SWOT Analysis and Issues of China Corporate Training Market

Porters Five Forces Analysis and Growth Driver in China Corporate Training Market

Competition Landscape in China Corporate Training Market

Analyst Recommendations

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

China Corporate Training Market

Related Reports By Ken Research:-

Australia Corporate Training Market Outlook to 2027F

Indonesia Corporate Training Market Outlook to 2027F

Australian Pharmacy Retail Market Revenue is expected to grow at a CAGR of 5.1% over the period 2020 to 2025: Ken Research

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1.  E-Health Services along with the Consolidation of Pharmacy chain brands into Banner Groups, is a growing trend in Australia

Australia Pharmacy Retail Market Trends & Developments

The Federal Government of Australia announced the expansion of Medicare i.e., subsidized telehealth services for all people in the country. Additionally, pharmacies partner with Tele consultation companies to enhance their service portfolio, thereby increasing the number of prescriptions and medication demand at their stores. In Australia, the banner/ franchise model is the preferred model as they are demonstrating better financial performance along with a significant market share. Furthermore, a major proportion of healthcare spending in Australia goes into purchasing Nutrition Health Supplements, Healthcare services, Toiletries, Hair & Skin Care, and other personal care products.

2.  Slow Growth of 1.1% recorded in 2015-20, in terms No. of Pharmacy Stores in Australia as the Focus of Pharmacies lies in the growth of their Per Store Revenue

No. of Pharmacy Stores in Australia

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The franchise model became quite popular in the historical period with new chains adopting to this model for faster store expansion. Major Chains are getting acquired by Big Banner Groups, ensuring Geographical presence and a wide Service Portfolio. Additionally, the Medicare Scheme of Australia has provided Medicines to Australians at comparatively low prices than in other countries. Hence, continuous demand for medicines. Moreover, customer loyalty schemes, wide product assortments, special offers and discounts & additional services like click & collect have collectively helped organized chains in maintaining their superiority in the market. Further, on average, every person visits a community pharmacy 18 times each year, in metropolitan, rural, and remote locations in Australia.

3.  Legal Pre-Conditions and Pharmacists Licensing Costs, Acts & Guidelines for Distribution and Marketing of Drugs in Australia

Australia has a two-tiered drug regulating system. One of them is high-risk medications. Prescription drugs, most over-the-counter (OTC) medications and some complementary medicines must all be registered on the ARTG. The lower-risk medications are the alternative option. Some OTC and complementary medications include pre-approved, low-risk components and make restricted claims that can be published on the ARTG. Moreover, medication marketing applications must be authorized by the Therapeutic Goods Administration (TGA).

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The Therapeutic Goods Administration (TGA) controls the import and supply of pharmaceuticals in Australia in line with the Therapeutic Goods Act 1989 and the Therapeutic Goods Regulations 1990. Furthermore, an Authorized Prescriber (AP) can prescribe a medicine to an individual patient in care that has not been approved by the TGA.

4.  Lack of Medical Facilities and Multiple Issues Faced by Pharmacists which haven’t been resolved were Major Issues in Pharmacy Retail in Australia

Major Issues in Pharmacy Retail in Australia

The formation of franchises resulted in huge competition among the top 3-4 chains in the country, and due to this, the pharmacy chains focusing on acquiring independent chains created problems for small independent outlets. Additionally, health outcome delivery for rural and remote Australian communities is challenged by the unequal distribution of the pharmacy workforce. High staff turnover rates, reduced pharmacist numbers, and reliance on temporary staff have placed great strain on both state health services and rural community pharmacies. Furthermore, in the export sector the country, Australia accounts for ~2% of the global pharmaceutical market and imports more than 90% of medicines. At times there may not be enough of a specific medicine in the Australian marketplace, leading to potential weaknesses in supply.

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

Australia Pharmacy Retail Market

Fitness and wellness are not just fashionable today, but many individuals have realized the importance of physical activity and playing a sport in Bahrain’s Fitness Services Market: Ken Research

 Driven by rise in consumer awareness, covid pandemic and influence of social media in the Bahrain fitness services market.

Consumers Favor Health over Convenience: There are many factors that have played a part in the health and fitness industry becoming the mammoth sector that it is today. One major element remains at the core of this growth, and that is a dramatic shift in consumer behavior to favor health over convenience. Consumers are now more informed than ever and are showing their values through their purchasing decisions. The future of the fitness industry looks bright and no doubt consumer needs and innovative approaches to training will continue to fuel growth in the market.

Impact of COVID-19 Analysis on Online and Offline Fitness Market: The global online/virtual fitness market has witnessed significant growth in past few years. Due to the outbreak of the COVID-19 pandemic, the market witnessed a sudden rise in 2020 as the larger number of the global population was working out daily at their homes using virtual/online fitness platforms. This was attributed to the implementation of lockdown by governments in majority of the countries and the shutdown of gyms and fitness clubs across the world to prevent the transmission of virus. The online fitness market is projected to prosper during the COVID-19 pandemic as well as in the upcoming years post pandemic. Growing popularity of online or virtual fitness programs among older adult age group due to their growing focus on health & fitness is expected to further drive the growth of the virtual fitness market in the upcoming years.

Influence of social media on fitness industry is huge: It only takes one scroll through social media so see how the effect it’s had on the fitness industry. On Instagram alone, the hashtag #fitness has over 300 million posts. Brands are partnering up with social media influencers and celebrities and have become a major driving force behind the growth of the health and fitness industry.  Social media fitness influencers are an incredibly powerful force when it comes to advertising in the fitness industry. Whether it’s products, services or fitness centers, social media has given marketers’ the ability to reach so many people.

Analysts at Ken Research in their latest publication Bahrain Fitness Services Market Outlook to 2027F- By Type of Market (Organized Market, Unorganized Market), By Source of Revenue (Membership Fee, Personal Training), By Payment Method (Card, Cash, Bank Transfer, Digital wallet, Others), By Subscription Period (1 Month, 3 Month, 6 Month, 12 Month), By Session Type (Group, Solo) and By Gender (Female, Male).” observed the potential of the Fitness Services market in Bahrain. A large number of Fitness Services companies are operating in the Bahrain Fitness Services Market. These companies compete on various strengths such as pricing of the service offered, amenities, hygiene, presence on social media platforms etc. The Bahrain Fitness Services Market is expected to grow at CAGR of ~% over the forecasted period i.e., 2022-2027F.

Bahrain Fitness Services Industry

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Key Segments Covered in the report

Bahrain Fitness Services Market

By Type of Market:

  • Organized Market
  • Unorganized Market

By Source of Revenue:

  • Membership Fee
  • Personal Training

By Payment Method

  • Card
  • Cash
  • Bank Transfer
  • Digital wallet
  • Others

By Subscription Period:

  • 1 Month
  • 3 Month
  • 6 Month
  • 12 Month

By Session Type:

  • Group
  • Solo

By Gender:

  • Female
  • Male

Key Target Audience

  • Fitness Equipment Manufacturers
  • Fitness Equipment Distributors
  • Fitness Centers
  • Government Organizations
  • Investors
  • Industry Associations
  • Consulting Agencies

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Time Period Captured in the Report:

  • Historical Year: 2017-2022P
  • Base Year: 2022P
  • Forecast Period: 2022P– 2027F

Companies Covered:

  • The nourishers
  • UFit-Ltd
  • GoFit
  • Tamarran
  • Qongfu
  • FIT Gym & Spa
  • Cobra Fitness
  • F45 Training
  • Grip Fitness Center
  • HV Holistic
  • Reps Fitness Studio
  • Ride Nation

Key Topics Covered in the Report

  • Socio-Economic Landscape of Bahrain
  • Direct and Indirect Economic Impact of Fitness Industry in Bahrain
  • Overview of Commercial Gyms in Bahrain Health and Fitness Market
  • Snapshot of Digital Fitness Market in Bahrain
  • Assessment of the Indirect Economic Impact of Fitness Industry in Bahrain
  • Bahrain Fitness Equipment Industry Market Size
  • Evaluation of Premiumization on Real Estate Sector
  • Assessment of the Indirect Economic Impact of Fitness Industry in Bahrain
  • Overview of Healthcare Scenario/Health Statistics
  • Potential Health Implications and Health Cost Reductions
  • Customer Mindset for Fitness Services
  • Impact of COVID 19 on Fitness Industry in Bahrain
  • Future Outlook and Projections for Bahrain Fitness Services Market
  • White space and Opportunities existing in the Bahrain Fitness Services Market
  • Research Methodology

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

Bahrain Fitness Services Market Outlook to 2027F: Ken Research

Related Reports by Ken Research: –

Vietnam Fitness Services Market Outlook to 2023

Indonesia Fitness Services and Equipment Market Forecast to 2020

Qatar Fitness Services Market Outlook to 2025F

Malaysia LED Lighting Market is expected to grow owing to rising environmental concerns, growing awareness regarding the benefits of LED lights, and development of the smart cities: Ken Research

 Malaysia LED Lighting Market is in the growing stage, being driven by rising infrastructural development across the retail, industrial, and commercial sectors, coupled with the increasing demand for energy-efficient lighting sources. Major players in the market are Oversea Lighting, LigLED, Philips Hue, Li-Fi Labs, Signify, etc.

Key Market Findings:

  • LED manufacturers will be focusing on including features like Wi-Fi, occupancy sensors, and daylighting because these attract customers and increase product sales, thus fostering market growth.
  • Surging adoption of solar LEDs in remote areas and rigorous government regulations with respect to green technology across different nations will result in the new installation of streetlights and track lights.
  • LED lighting is an energy-saving solution with a 50,000-hour lifespan and lower electricity use. As a result, it is anticipated that stringent government rules limiting the use of lighting that uses a lot of energy will promote the expansion of the market in Malaysia.

Innovative LED Products: Growth in the market is expected to be supported by increasing awareness about energy-efficient lighting systems among customers and growing efforts of the government to shift both residential and non-residential customers towards the use of environment-friendly lighting systems. Additionally, the LED lighting market shall witness the launch of innovative LED products introduced in the market by the major players in the coming years. Innovations done in the design and features of LED lights are expected to attract a number of customers.

LED to save energy in the future: The demand for street lighting is expected to corner a robust growth rate in the long run. This can be mainly imputable to the increasing focus on the development of smart cities across the world, wherein the installation of streetlights would help save energy, reduce maintenance costs, control light intensity, and curb carbon emissions. Moreover, government programs and policies directed towards the use of LED lights in public spaces and regulations to install LED lights in the advertising materials such as billboards and display boards are expected to boost sales during the forecast period.

Increasing investment in Marketing strategies: Due to the increasing population, budding infrastructure development activities in the countries, and rising government initiatives with a focus on energy efficiency, the demand for commercial and industrial applications will be increasing, thus driving the production of LEDs in the region. Moreover, in order to widen their consumer base, manufacturers are not only coming up with different LED lighting products but are also investing in marketing through newspapers, televisions, etc. This is increasing product awareness among consumers which, in turn, is strengthening the growth of the market further to the future.

Analysts at Ken Research in their latest publication “Malaysia LED Lighting Market Outlook to 2027F- By Type of LEDs (Lamps and Luminaires), By Usage (Indoor and Outdoor), By Sector, By Region, By Sales (Project and Retail)” observed that Malaysia LED Lighting Market is in a growing phase. Shifting trends towards energy-efficient lamps, and growing awareness towards the utilization of LED bulbs in rural areas are some of the factors that will contribute to the Malaysia LED Lighting market growth over the period of 2022-2027F. It is expected that Malaysia LED Lighting Market will grow at a CAGR of ~% for the above-forecasted period.

Malaysia LED Lighting Market Analysis

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Key Segments Covered in the report

Malaysia LED Lighting Market

By Type of LEDs:

  • LED Luminaires
  • Downlights
  • Linear Lights
  • Flood Lights
  • High Bay
  • Other Luminaires
  • LED Lamps

By Usage of LEDs:

  • Indoor
  • Outdoor
  • Street Lighting
  • Building Exteriors/ Façade Lighting
  • Parking Lots and Garages
  • Others

By End User Sector:

  • Commercial
  • Residential
  • Industrial
  • Healthcare
  • Hospitality
  • Others

By Region:

  • Central
  • East Coast
  • Sabah and Sarawak
  • North
  • South

By Type of Sales

  • Project
  • Retail

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Key Target Audience

  • Existing LED Lighting Manufacturers in Malaysia
  • New Market Entrants- Domestic OEMs
  • New Market Entrants- Foreign OEMs
  • Real Estate Companies
  • Government Bodies
  • Investors & Venture Capital Firms
  • Lighting Equipment Manufacturers and Importers
  • LED Lighting Retail Chains
  • Lighting Equipment Distributors
  • Lighting Equipment Associations

Time Period Captured in the Report:

  • Historical Period: 2017-2022
  • Base Period: 2022
  • Forecast Period: 2022-2027F

Companies Covered:

  • Philips Hue
  • TP-Link
  • Li-Fi Labs
  • Signify
  • IKEA
  •  
  • Alfo Lighting
  • O.S. In D’sign
  • Lightcraft
  • NSB
  • Oversea Lighting & Electric(M) Sdn Bhd
  • LigLED
  • SUCCESS
  • Decasa Lighting
  • Lumiere Lighting
  • E S L Lighting
  • Mr Bright Lighting

Key Topics Covered in the Report

  • Overview and Genesis of the Malaysia LED Lighting Market
  • Cross-Comparison of Malaysia LED lighting Market with other Asian nations
  • Malaysia LED Lighting Market Value Chain Analysis
  • Major Entities Involved in Value Chain and their Strategies
  • Malaysia LED Lighting Market Size, 2017-2022, By Sales Value
  • Malaysia LED Lighting Market Segmentation
  • Cost Analysis/ Cost Component for LED Lighting in the Malaysia Market
  • Decision-Making Process Before Purchasing LED Lighting in the Malaysia Market
  • Trends and Developments in the Malaysia LED Lighting Market
  • Issues and Challenges in Malaysia LED Lighting Market
  • SWOT Analysis for the Malaysia LED Lighting Market
  • Recent Technologies in Malaysia LED Lighting Market
  • Manufacturing Clusters for LED and Component Manufacturers in Malaysia
  • Government Initiatives and Regulations in the Malaysia LED Lighting Market
  • Market shares of major players in the Malaysia Lighting Market
  • Competitive Scenario in Malaysia LED Lighting Market
  • Competitive Landscape of Major Players in Malaysia’s LED Lighting Market
  • Malaysia LED Lighting Market Future Outlook and Projections, By Revenues, 2022-2027F
  • Malaysia LED Lighting Market Future Outlook and Projections, By upcoming
  • Technologies in the Lighting Market
  • Analyst Recommendation

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

Malaysia LED Lighting Market Outlook to 2027F: Ken Research

Related Reports by Ken Research: –

Saudi Arabia LED Lighting Market Outlook to 2023

UAE LED Lighting Market Outlook to 2023

Indonesia LED Lighting Market

The Malaysian LED Lighting Market is growing owing to rising disposable incomes, an increasing population, and a rising construction industry in the country: Ken Research

 Rising awareness of LED technology and rapid urbanization in the country are some of the major factors contributing to the development of the LED Lighting Market in Malaysia. 

Sustainable and Energy Efficient Technologies: During the research period 2017-2022, the Malaysian LED lights market showed a remarkable rise at a CAGR of ~%. It is backed up by the growing importance of sustainable development and the usage of energy-efficient technology in the country. Consumer awareness is developing, and stringent government regulations to reduce energy consumption are increasing the demand for energy-efficient connected lighting, which is driving the market growth. Furthermore, malls and showrooms assess what actions are required to catch the attention of their customers and elicit buy intent. In this situation, appropriate and appealing lighting is critical for making the supplied items appear more desirable. LED lights are adaptable and come in a variety of colors, sizes, wattages, and forms, and are utilized for decorating throughout Malaysia's festive seasons. These variables are influencing the use of LED lighting in business areas.           

Growing Popularity of Smart Cities: Connectivity and technical improvements have resulted in a rise in the use of intelligent lighting systems across the country. A number of government programs also assist the growing popularity of smart cities in various locations. Because a smart city is a network of interconnected systems, the general lighting application in a smart city necessitates automated lighting solutions which help the expansion of the LED Lighting market. Moreover, the huge energy-saving potential of LED lamps, coupled with their decreasing prices over the past few years, has accelerated the demand for these lighting products across Malaysia. Additionally, many government policies have been implemented in recent years to increase their adoption.

Inefficient Conventional Methods of Lighting: In industrial environments with high, difficult-to-reach ceilings and vast expanses, conventional high-intensity discharge (HID) and fluorescent lighting systems approaches are inefficient, resulting in illumination problems and inefficiencies. As a result, some industrial site managers in Malaysia have implemented bespoke LED lighting systems that optimize savings while also improving performance throughout their facilities. HID systems are also incompatible with modern sensors and wireless controllers. Furthermore, long strike-up times frequently cause facilities to leave these lights on for longer periods of time. As a result, LED lighting systems with advanced lighting controls that collect sunshine to minimize energy consumption or turn lights on and off at pre-determined times in pre-determined zones are in high demand in Malaysia.

Analysts at Ken Research in their latest publication Malaysia LED Lighting Market Outlook to 2027F- By Type of LEDs (Lamps and Luminaires), By Usage (Indoor and Outdoor), By Sector, By Region, By Sales (Project and Retail)” observed that Malaysia LED Lighting Market is in a growing phase. Shifting trends towards energy-efficient lamps, and growing awareness towards the utilization of LED bulbs in rural areas are some of the factors that will contribute to the Malaysia LED Lighting market growth over the period of 2022-2027F. It is expected that Malaysia LED Lighting Market will grow at a CAGR of ~% for the above-forecasted period.

Malaysia LED Lighting Industry

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Key Segments Covered in the report

Malaysia LED Lighting Market

By Type of LEDs:

  • LED Luminaires
  • Downlights
  • Linear Lights
  • Flood Lights
  • High Bay
  • Other Luminaires
  • LED Lamps

By Usage of LEDs:

  • Indoor
  • Outdoor
  • Street Lighting
  • Building Exteriors/ Façade Lighting
  • Parking Lots and Garages
  • Others

By End User Sector:

  • Commercial
  • Residential
  • Industrial
  • Healthcare
  • Hospitality
  • Others

By Region:

  • Central
  • East Coast
  • Sabah and Sarawak
  • North
  • South

By Type of Sales

  • Project
  • Retail

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Key Target Audience

  • Existing LED Lighting Manufacturers in Malaysia
  • New Market Entrants- Domestic OEMs
  • New Market Entrants- Foreign OEMs
  • Real Estate Companies
  • Government Bodies
  • Investors & Venture Capital Firms
  • Lighting Equipment Manufacturers and Importers
  • LED Lighting Retail Chains
  • Lighting Equipment Distributors
  • Lighting Equipment Associations

Time Period Captured in the Report:

  • Historical Period: 2017-2022
  • Base Period: 2022
  • Forecast Period: 2022-2027F

Companies Covered:

  • Philips Hue
  • TP-Link
  • Li-Fi Labs
  • Signify
  • IKEA
  •  
  • Alfo Lighting
  • O.S. In D’sign
  • Lightcraft
  • NSB
  • Oversea Lighting & Electric(M) Sdn Bhd
  • LigLED
  • SUCCESS
  • Decasa Lighting
  • Lumiere Lighting
  • E S L Lighting
  • Mr Bright Lighting

Key Topics Covered in the Report

  • Overview and Genesis of the Malaysia LED Lighting Market
  • Cross-Comparison of Malaysia LED lighting Market with other Asian nations
  • Malaysia LED Lighting Market Value Chain Analysis
  • Major Entities Involved in Value Chain and their Strategies
  • Malaysia LED Lighting Market Size, 2017-2022, By Sales Value
  • Malaysia LED Lighting Market Segmentation
  • Cost Analysis/ Cost Component for LED Lighting in the Malaysia Market
  • Decision-Making Process Before Purchasing LED Lighting in the Malaysia Market
  • Trends and Developments in the Malaysia LED Lighting Market
  • Issues and Challenges in Malaysia LED Lighting Market
  • SWOT Analysis for the Malaysia LED Lighting Market
  • Recent Technologies in Malaysia LED Lighting Market
  • Manufacturing Clusters for LED and Component Manufacturers in Malaysia
  • Government Initiatives and Regulations in the Malaysia LED Lighting Market
  • Market shares of major players in the Malaysia Lighting Market
  • Competitive Scenario in Malaysia LED Lighting Market
  • Competitive Landscape of Major Players in Malaysia’s LED Lighting Market
  • Malaysia LED Lighting Market Future Outlook and Projections, By Revenues, 2022-2027F
  • Malaysia LED Lighting Market Future Outlook and Projections, By upcoming
  • Technologies in the Lighting Market
  • Analyst Recommendation

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

Malaysia LED Lighting Market Outlook to 2027F: Ken Research

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Saudi Arabia LED Lighting Market Outlook to 2023

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Indonesia LED Lighting Market

The China Corporate Training Market is growing owing to virtual training, organizations need and rise in learning requirement: Ken Research

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Focus on investment on digitalization, work from home trainings and technological developments are major factor contributing towards development of Corporate Training Market in China.

Induction of Technology in Corporate training: In order to secure effective training delivery, organisations will be forced to outsource the training process as it is so heavily dependent on technology. For the purpose of preparing managers, businesses can also use the services to train the trainers. Businesses are interested in exploring various digital learning approaches, including virtual learning, social learning, mobile learning, and micro-learning platforms.

Low running cost and better information on capital investment decision: To ensure workforce efficiency, an increasing number of organizations in China has modernized their training environment by incorporating e-learning tools. Learning management systems, which provide all of the requirements for successful training practice management, such as performance management, administration, and content management, as well as the delivery of distinct and customized courses for employees, complement these solutions. As a result, people's attention is shifting to online learning platforms, which is helping the LMS market grow.

Impact of Covid-19: The market for corporate training has been adversely affected by the COVID-19 pandemic. Around the world, the COVID-19 has resulted in the loss of 195 million jobs. Additionally, in terms of percentage, the pandemic's effects on employment have been worst in China. Due to budget restrictions in the business sector as a result of the global economic upheaval, R&D teams faced numerous difficulties in demonstrating the Return of investment of their training programs. Due to covid-19, the digitization and offline to online transformation has fast forwarded by 2-4 years. New ways of imparting training such as Blended Learning, Virtual Classroom and Online and computer-based methods have emerged.

Downsizing market: There are unprecedented economic challenges which have dampened the overall business environment. Companies are experiencing falling consumer demand and are losing excessive amount of money. Various companies are also expected to resort to downsizing to compensate for the loss. As a part of business cost cutting, companies are also expected to slacken their training expenditure.

Analysts at Ken Research in their latest publication China Corporate Training Market Outlook to 2027F- Segmented by rising enterprises, technological developments and market investment observed that Corporate Training Market in China is at growing stage. The AI based learning, cost-effective e-learning training, mobile-based training and the emergence of IoT along with government initiatives are expected to contribute to the market growth over the forecast period. The market is expected to grow at an ~% CAGR during 2023-2027F.

China Corporate Training Industry

Key Segments Covered in the report:-

China Corporate Training Market

By Industry Verticals

IT/ITES

Telecom

BFSI

FMCG/Retail

Automobile

Manufacturing

Healthcare

By Types Of Training Services

Technical

Leadership

Managerial

Sales

Customer Management

Quality Training

Technical Training

Soft Skills

Brand Training

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By Deployment

On-Site

Off-Site

By Designation Of Employee

Managerial

Non-Managerial

Integrated

By Mode Of Learning

Instructor Led Classroom Only

Blended Learning

Virtual Classroom

Online or Computer Based Methods

Mobile and Social Learning

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: 2017-2021

Base Year: 2022

Forecast Period: 2023-2027F

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Companies Covered

Ultimahub

Tang Cultural Media

Jiangsu Vital Fintech Data Corp

Hefei KJLink Technology Company Limited

Zhejiang Unicall Information Technology Service Co., Ltd.

NobleProg

Jinan Tian Rui Foreign Enterprise Human Resources Service Co., Ltd.

Nanning Corporate Training Solutions

Key Topics Covered in the Report:

China Corporate Training Market Overview

Supply Scenario & Decision-Making Parameters

Business and Investment Models China Corporate Training Market

China Corporate Training Market Size

China Corporate Training Market Segmentation

SWOT Analysis and Issues of China Corporate Training Market

Porters Five Forces Analysis and Growth Driver in China Corporate Training Market

Competition Landscape in China Corporate Training Market

Analyst Recommendations

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

China Corporate Training Market

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Australia Corporate Training Market Outlook to 2027F

Indonesia Corporate Training Market Outlook to 2027F

Thursday, March 9, 2023

Global Brain Health Supplement Industry is growing at a CAGR of ~10% during 2022-2028: Ken Research

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Global Brain Health Supplement Market by distribution channel

The Global Brain Health Supplement market is segmented by Distribution Channel into Supermarkets & Hypermarkets, Drug Stores, Online Stores and Others. Drug stores dominated the market in 2022, owing to the rise in number of governments authorize drug stores in USA. They are likely to continue dominance during the forecast period, however Online Stores channel is gaining prominence.

Global Brain Health Supplement Market by geography

The Global Brain Health Supplement market is segmented by geography into North America, Europe, Asia- pacific and LAMEA. North America accounted for the largest market share among all regions in 2022, owing to the demand for such products rising as a result of people's increased attention to mental health issues.

Most of this is attributed to expanding concerns regarding cognitive and brain health as well as the existence of important players in the region. In addition, given many activities need intense concentration, the thriving sports, and fitness sector is to blame for the region's leading market share. According to data from the National Library of Medicine, USA published in April 2020, about a quarter of American adults (24 and older) regularly take nutritional supplements that boost their energy, mental clarity, and performance. Such development is likely to accelerate the country's market expansion.

Competition Scenario in Global Brain Health Supplement Market

The Global Brain Health Supplements Market is highly competitive with ~150 players which include globally diversified players, regional players as well as a large number of country-niche players each with their niche in Brain Health Supplements. Large global players constitute ~25% of competitors, while regional players represent the largest number of competitors. Some of the major players in the market include Accelerated Intelligence Inc., AlternaScript LLC.

Aurobindo Pharma Limited, HVMN Inc., Procera Health / KeyView Labs, Inc., Liquid Health, Inc, Natural Factors Nutritional Products Ltd., Onnit Labs, LLC. Purelife Bioscience Co, Ltd, Quincy Bioscience, LLC., and others.

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What is the Expected Future Outlook for the Overall Global Brain Health Supplement Market Across the globe?

The Global Brain Health Supplement market was valued at USD ~billion in 2022 and is anticipated to reach USD ~billion by the end of 2028F, witnessing a CAGR of ~% during the forecast period 2022-2028F. The realistic growth scenario represents the most likely scenario as per current market conditions. This scenario assumes that there will be no overall impact on the market due to any potential COVID-19 waves in the future. The Global Brain Health Supplement market is driven by rise in R&D activity in herbal ingredients. However, the market is also constantly being influenced by rapid development in technology, product innovation, and diversification in some countries.

With the increasing collaboration and emergence of new products, the Global Brain Health Supplement market is changing rapidly. For instance, In June 2021, Motiva Supplements introduced "Neuro Booster," the first-ever clinically validated supplement to aid Alzheimer's sufferers and boost brain health. It promotes increased absorption of six essential functional foods. Elysium Health Inc. and the University of Oxford collaborated to produce the Longevity supplement for brain health in June 2020. The "Matter" product contains a formulation of particular B vitamins that have been shown in clinical studies to delay brain atrophy related to age-related memory loss. In order to maximize the effectiveness of the B-vitamin complex, it also contains a powdered omega-3 lysine complex with higher bioavailability, along with an anthocyanin-rich bilberry extract that offers additional cognitive benefits.

The Global Brain Health Supplements Market is anticipated to grow significantly during the projected period (2022-2028) due to the widespread recognition and acceptance of supplements. Furthermore, consumers have shifted toward actively managing their health and welfare and have dedicated themselves to improving brain health and general endurance to boost attention and focus. Though the market is highly competitive with ~150 participants, few regional players control the dominant share and country- niche players also hold a significant share. The market size is estimated to be ~US$ 8 billion in 2022 and is expected to reach a market size of ~US$ 15 billion by 2028 growing with a CAGR of ~10% during 2022 to 2028.

Global Brain Health Supplements Market Revenue

Market Taxonomy

By Product

  • Herbal Extract
  • Vitamins & Minerals
  • Natural Molecules

By Supplement Form

  • Tablets
  • Capsules
  • Others

By Application

  • Memory Enhancement
  • Attention & Focus
  • Mood & Depression
  • Sleep & Recovery
  • Longevity & Anti-Aging
  • Stress & Anxiety

By Age Group

  • Children
  • Adults
  • Elderly

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By Distribution Channel

  • Supermarkets & Hypermarkets
  • Drug Stores
  • Online Stores
  • Others

By Geography

  • North America
  • USA
  • Canada
  • Mexico
  • Europe
  • France
  • Italy
  • Germany
  • Spain
  • UK
  • Rest of Europe
  • Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Australia Rest of Asia Pacific
  • LAMEA
  • Latin America
  • Middle East
  • Africa

Key Players

  • Accelerated Intelligence Inc.
  • AlternaScript LLC
  • Aurobindo Pharma Limited
  • HVMN Inc.
  • Procera Health / KeyView Labs, Inc.
  • Liquid Health, Inc
  • Natural Factors Nutritional Products Ltd.
  • Onnit Labs, LLC.
  • Purelife Bioscience Co, Ltd
  • Quincy Bioscience, LLC.

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

Global Brain Health Supplements Market

Global Commercial Drones Market is expected to reach ~US$ 30 billion in 2028: Ken Research

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Competition Scenario in Global Commercial Drones Market

The Global Commercial Drones market is competitive with ~100 players which include globally diversified players, regional players as well as a large number of country-niche players each with their niche tech offerings, such as autonomous or advanced navigation systems, increased range, heavy payload, image stitching, red, green, and blue (RGB) color model, and more.

Country-Niche players constitute about ~45% of the market, while regional players hold a share of ~35%. Some of the major players in the market include AeroVironment Inc., SZ DJI Technology Co., Ltd., Parrot SA, Sense Fly (AgEagle Aerial Sys), Insitu Inc., Yuneec International CO. Ltd, Autel Robotics, Delair, Ehang Holdings Limited, Aerialtronics, and among others.

What is the Expected Future Outlook for the Overall Global Commercial Drones Market Across the globe?

The Global Commercial Drones market was valued at USD ~billion in 2022 and is anticipated to reach USD ~billion by the end of 2028F, witnessing a CAGR of ~% during the forecast period 2022-2028F. The realistic growth scenario represents the most likely scenario as per current market conditions. This scenario assumes that there will be no overall impact on the market due to any potential COVID-19 waves in the future.

The Global Commercial Drones market is driven by the advancement of remote sensing and surveillance technologies, such as automatic dependent surveillance-broadcast (ADS-B). However, the market is also constantly being influenced by rapid development in technology, product innovation, and diversification in some countries.

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With the increasing innovation and emergence of new products, the Global Commercial Drones market is changing rapidly. For instance, In September 2022, AeroVironment, a U.S.-based vehicle manufacturer, unveil the new unmanned aircraft system (UAS) named ‘VAPOR Helicopter’, which supports increased endurance and expanded payload capacity to meet evolving needs of defense, commercial, and industrial customers.

In September 2022, Autel Robotics, a Chinese drone manufacturer, announced the launch of new drones and supporting products, including the new ‘Autel EVO II V3 Series’, a new Live Deck video streaming accessory, and two new smart controllers to support the updated drones.

The global Commercial Drones market is forecasted to continue an exponential growth that is witnessed since 2017. The major driving factor contributing to the expansion of commercial drones is the rising adoption of advanced technologies, including artificial intelligence (AI), and machine learning (ML) across industries and increased application areas, including precision agriculture, aerial imaging, cargo management, traffic monitoring, and others. Though the market is highly competitive with ~100 participants, few global players control the dominant share and regional players also hold a significant share.

global-commercial-drones-market-revenue

Market Taxonomy

By Type

  • Fixed Wing
  • Rotary
  • Hybrid

By Mode of Operation

  • Remotely Operated
  • Semi-Autonomous
  • Autonomous

By Application

  • Mapping & Surveying
  • Precision Agriculture
  • Filming & Photography
  • Inspection & Maintenance
  • Others

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By Geography

North America

  • USA
  • Canada
  • Mexico

Europe

  • France
  • Italy
  • Germany
  • Spain
  • UK
  • Rest of Europe

Asia Pacific

  • China
  • India
  • Japan
  • South Korea
  • Australia Rest of Asia Pacific

LAMEA

  • Latin America
  • Middle East
  • Africa

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

Global Commercial Drones Market