Tuesday, March 21, 2023

Investments from Government, Emerging AI Technologies and Faster Delivers are the Major Trends driving the E-Commerce Shipments Market in Malaysia: Ken Research

 1. Malaysia E-commerce Shipments Market has witnessed a Strong Growth Trajectory Backed by Competitive Technological Advancements

Malaysia E-commerce Shipments Market

Malaysia E-commerce shipments market has been observed in its early growth stages of development, thus growing year on year majorly due to rising E-retailing coupled with increase in the number of online orders. Expansion in internet services (~80% internet penetration in 2021) coupled with increasing demand for online logistics services have collectively given a boost to development of E-commerce shipments industry in Malaysia. Updated Technology such as Live Tracking, Automation, WhatsApp Bots, AI Systems, IoT, Telematics are used by e-com logistics players.

2. Ecommerce growth in Malaysia is primarily driven by a growing number of digitally-savvy, middle-class people who are looking for great deals and access to international brands.

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Businesses in Malaysia are supported by a host of efficient and modern infrastructural and technical implementations that facilitate trade, transactions and deliveries. The advanced logistics, connectivity and trading establishments are the foundations upon which the modern technology driven enterprises have found their incredible growth.

Traditionally ecommerce players in Southeast Asia faced logistical challenges due to the fragmented topology of the region dominated by multiple islands and dense jungles. However, Malaysia is segregated into only two major parts – Peninsular Malaysia and East Malaysia; which makes ecommerce logistics a whole lot more straightforward and cost-effective.

Malaysia boasts of an incredible 140% mobile penetration and 85% internet penetration. More than 26 Mn Malaysians access the internet and about 80% of users between the ages of 16 and 64 are already shopping online. Malaysia’s mobile commerce growth is outpacing overall e-commerce, projected to rise at a compound annual growth rate.

3. More than 2 Days delivery will still dominate the Malaysian E-commerce shipments market

Malaysia E-commerce Shipments Market Revenue

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Many E-commerce companies are increasingly offering 24-hour delivery promise to its customers to encourage speedy deliveries in and around Kalang Valley, Selangor and Kuala Lumpur, giving a boost to the same day deliveries in Malaysia. Post Pandemic, groceries and essential items are being processed at a faster rate to ensure same day/next delivery of these products to the customers across the country.

4. Digital Free Trade Zone along with other initiatives launched in Malaysia by the Government to support Efficient Cross Border Trade with E-Commerce as the priority sector

Digital Free Trade Zone (DFTZ) was launched under MITI in 2017 to facilitate seamless cross-border trade and enable local businesses to export their goods with a priority for e-commerce. The e-Fulfilment Hub under DFTZ will be developed over two phases where the first phase will be at the Kuala Lumpur Airport Cargo Terminal operated by POS Malaysia to serve e-commerce players.

Based on Section 14 of the Commercial Vehicles Licensing Board Act 1987 (“CVLBA 1987”), to provide transportation services, two types of licenses are available. Carrier License A – to provide transportation services to third parties using commercial vehicles; Carrier License C – to provide services for their own use.

The UAE data center and cloud services industry is quickly growing as a result of the country's growing tech-savvy population and wide range of services: Ken Research

 1. UAE data center market generated over $400 Mn with presence of 20 data center across UAE in 2021.

UAE data center market

AWS created three data centers in 2022, Etisalat and G42 have partnered to provide the largest data center, and Oracle will open a second cloud region in the UAE are just a few instances of the rising data center infrastructure in the UAE. In order to assist social and economic success and increase the value of the digital economy, the UAE government will also speed up technological development and implement the most recent ICT projects.

2. Rising investments and diverse service offerings with improved connectivity and internet penetration are major growth drivers in the UAE data center market.

UAE data center market Revenue

Due to the fact that local and international businesses invested more than $5.3 billion in IT businesses in the UAE in 2021, more data center facilities were built throughout the nation. The nation's strategic location between Asia, Europe, and Africa makes it an ideal site for business. Additionally, 99.0% of the population in the UAE had daily access to the internet, and smartphone penetration was 97.6%, placing the country at number 22 in the world for internet usage. Finally, data center firms provide a variety of backup and recovery services utilizing best-in-class technology and high-bandwidth connections.

3. The UAE cloud services market was observed to grow at a positive double digit CAGR, generating over $400 Mn as revenue over the period 2016-2021

UAE data center market Share

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The market for cloud services in the UAE has had phenomenal growth as a result of an increase in online activity, particularly in all workplace systems, as well as investments and new market entrants. Additionally, organizations from industries including government, aviation, finance, manufacturing, and healthcare are among those already utilizing the cloud regions. The demand for data storage will also rise due to increased online media consumption, the installation of IOT devices, and sensors in manufacturing facilities, as well as the growing demand from SMBs for cloud solutions.

4. Uncertain regulatory framework, environmental conditions, cyber-attacks, and power costs are some of the issues confronting the UAE data center market.

UAE data center market Forecast

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It is difficult for market actors to conduct business because each of the seven emirates in the United Arab Emirates has its own laws and regulations. Additionally, while ranking fifth in the Global Cybersecurity Index for 2020, the UAE is still susceptible to data breaches and cyberattacks. In addition, the UAE Data Center's power usage and cost index are significantly greater than those of other Middle Eastern nations. Finally yet importantly, raising the working temperature has a detrimental knock-on impact on the condensers, which become overkill on the efficiency of these cooling units and associated outdoor units are oversized to compensate or offset UAE’s ambient conditions.

Monday, March 20, 2023

Permission of licensing of female-only gyms in KSA and increasing health awareness about fitness after COVID-19 are expected to fuel the growth of the KSA Fitness Services Market in the future: Ken Research

 1. The KSA Fitness Market contributed ~0.10% of GDP and generated more than $800 Mn Revenue in 2020 driven by evolving service offerings by fitness centers and fitness enthusiast population.

KSA Fitness Services Market

Fitness Centers in KSA are focused on Providing Wellness and luxury Health experience rather just Exercise Equipment and Training Activities. For this, fitness apps and virtual classes are gaining wide popularity in KSA due to COVID period. The Growth will be tremendous in future but will not outpace traditional Training in Gyms. Fitness brands are actively optimizing their business models, integrating behavioral science into health and fitness through personal and group sessions encouraging clients to focus on their fitness goals.

2. The Fitness Market has a ripple effect on other sectors such as Fitness Equipment Industry, Construction, Real Estate, Apparel and Footwear and Technology.

KSA Fitness Services Market Revenue

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KSA Fitness Equipment Market generated a revenue of more than ~$150 Mn in 2020 driven by rise in sale of in-home equipment coupled with increasing inclination towards health and wellness in the country due to growth in lifestyle diseases. Riyadh, Jeddah and Damman are the major catchment areas in KSA with a premiumization of $60-$70 on real estate properties within a catchment area of 500 m- 1 km depending on the city. In addition to this, demand for sports apparel and footwear are directly proportional to the growth of fitness centres and active members in the country. Initially, the sports apparel was mostly worn by athletes but with time, it has become quite common with regular gym-goers & other non-athletes. The rise of smartphones and mobile apps has made the brand-customer interaction more convenient and accessible. As a result, gyms are taking advantage of this technology to reach out to members

3. Demand for fitness centers in KSA is mostly driven by Increasing Local Gyms and Fitness Centers, Variety of Service Offerings, Specialized Fitness Programs and Demand for Water Training.

KSA Fitness Services Market Share

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The fitness industry in KSA was once dominated by the wealthy and expats, now a new wave of local gyms and dance and martial arts studios are emerging to serve a fast-rising number of young, less affluent fitness enthusiasts. Major fitness chains such as Fitness First offers a variety of wellness options such as sauna and spa with a barbershop, restaurant, sea access, child care and more motivating the people to join a fitness centres. Simultaneously, specialty fitness programs that focus on a particular style of exercise, piece of equipment or even philosophical approach are exploding across the country. Some focus on interval training, others on yoga or Pilates, on stationary bicycles (spin) or any number of other trainings. Moreover, Pre Scheduled Group Classes for Aerobics, Cardio, Pilates, Yoga, Barre inspire people and motivates them to explore new training styles and techniques, while keeping others motivated like-minded members.

Increase in workforce migration and fear of using public transportation are expected to fuel the growth of the India Used Two Wheeler Market in the future: Ken Research

 1. The trend towards avoidance of public transportation after COVID 19 and digitization of used vehicle sales/purchases will lead to higher demand for used two-wheelers in India.

India Used Two Wheeler Market

Even in the rural areas, where there are very few banks, customers have a lot of options to get loans. People living in rural areas, can access NBFC, which makes it convenient for such borrowers to purchase a pre-owned bike on EMI. In addition to this, EVs are going to be digitally connected, inclusive of safety features, location access etc. This might increase the tie ups which might lead to increase in down payments.

2. Emergence of female drivers expected to drive demand for scooters however, motorcycles, with their variety of models, continue to dominate the market

India Used Two Wheeler Market Revenue

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Commuter bikes gives high mileage and has very low maintenance cost, thereby useful for day to day commuting. Majority population is the working middle class population, who prefer lower cost bikes for day to day travel. Moreover, Spending over basic necessities have reduced from nearly ~50% of total expenditure (FY’2010) to nearly ~30% (FY’2020) of total expenditure, thereby increasing discretionary spending in the hands of the people. Due to its higher fuel efficiency, commuter bikes are preferred by millions of drivers who are part of the E-Commerce and Hyperlocal Environment. Increase in demand for E-Commerce and Hyperlocal deliveries is expected to boost the demand and hence Commuter Bikes continue to dominate the Market.

3. The price of 2W, both new and used, is constantly rising, leading to a rise in demand for financing of used two-wheelers.

India Used Two Wheeler Market Forecast

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Growing per capita incomes coupled with a continually increasing penchant for riding among India’s large youth population is pushing up the demand for premium bikes. Increased cost and lower affordability of used premium and sports two wheelers is acting as a catalyst for used two wheeler financing. Moreover, technological advancements in the form of a shift from combustion engine vehicle to electric vehicles, new product launches, high vehicle replacement rate are boosting the sales of used two wheelers across the country, thereby driving the two wheeler loan market.

Additionally, net banking has eliminated hassles associated with long approval processes, enabling online loans to be applied for and fewer documents to be required, leading to a positive impact on the market. Additionally, presence of major automakers in the country, flexibility in terms of tenure and payment mode, negotiable interest rates based on CIBIL score is further steering growth in India two wheeler loan market.

Future Outlook of Pakistan Logistics Market: Ken Research

 Pakistan Logistics Market By Type Of Fleet

The Pakistan Logistics Market is segmented by type of fleet into small, medium and large fleet operators. Pakistan uses more large fleet type as compare to other. There road logistics uses large amount of fleet.

Pakistan Logistics Market By Region

The Pakistan Logistics Market is segmented by region into Karachi, Lahore and Islamabad. Lahore is the biggest logistics hub in Pakistan as there are many logistics companies.

Pakistan Logistics Market By Type Of Shipment

The Pakistan Logistics Market is segmented by type pf shipment into same day, next day, 2 days and more than 2 days. Most of the delivery take more than 2 days as they are standard time taken by logistics companies and also, they deliver goods in bulk so loading and unloading consume more time.

Competition Scenario In Pakistan Logistics Market

Pakistan Logistics Market is at growing stage and has fragmented market with about 300+ logistic company. The Logistics Market in the Pakistan has seen emergence of more than 50 players over the past years. Fed Ex and DHL are market leaders.

What Is The Expected Future Outlook For The Overall Pakistan Logistics Market Across The Globe?

The Pakistan Logistics market was valued at USD ~billion in 2022 and is anticipated to reach USD ~billion by the end of 2027F, witnessing a CAGR of ~% during the forecast period 2022-2027F. 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 Pakistan Logistics market is driven by attention of various multinational companies, Pakistan Vision 2025, Private sector participation and regional connectivity. However, the market is also constantly being influenced by rapid development in technology, product innovation, and diversification in some countries.

Also, Pakistan’s logistic industry is still very young, but one with great potential. With many multinational companies recognizing that possibility, an opportunity for Pakistan’s logistic sector to grow is a given. A constant need for supply chain management is rising rapidly, which, if adequately shaped, will stand firm in the coming future. Its need is something that cannot be avoided. Thus, over time, more and more companies will notice the importance of the supply chain and logistics factors and adapt to the model. That being said, in the coming years, Pakistan’s logistics industry is bound to grow in leaps and bounds.

Another aspect that will guarantee the growth of the logistics industry in Pakistan is its Agro-industry. Pakistan is a country that depends primarily on agriculture. It is also a given that the agricultural sector relies heavily on the logistics industry. With modern technologies being introduced in the logistics industry, its demand will increase in the farming industry. This will perhaps be a parallel advancement— as the logistics industry will grow, its demand in the Agro-industry will grow alongside, thus growing both the industry simultaneously.

Pakistan Logistics Market Analysis

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Key Segments Covered in the report:

Pakistan Logistics Market

  • Pakistan Freight Market
  • Pakistan Warehousing Market
  • Pakistan CEP Market

Pakistan Freight Market:

  • By End-Users
  • Food and Beverages
  • Industrial & Construction
  • Retail (Garment, Cosmetics)
  • Automotive & Engineering
  • Others (include telecom, Horticulture)

By Domestic/International

  • Domestic
  • International

By type of Mode

  • Sea
  • Road
  • Air
  • Rail

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By 3PL/Integrated

  • 3PL
  • Integrated

By Type of Fleet

  • Small Fleet Operators
  • Medium Fleet Operator
  • Large Fleet Operators

Pakistan Warehousing Market:

By Warehouse Space

  • Tech Enabled Warehouse Space
  • Non-Tech Warehouse Space

By Warehouse Space

  • Organized Warehouse Space
  • Unorganized Warehouse Space

By Warehouse Space

  • Racked Warehouse Space
  • Unracked Warehouse Space

By Business Model

  • Industrial / Retail
  • ICD/ CFS
  • Cold Storage

By Area

  • Closed
  • Open

By 3PL/Integrated

  • 3PL
  • Integrated

By End-Users

  • Food and Beverages
  • Industrial & Construction
  • Retail (Garment, Cosmetics)
  • Automotive & Engineering
  • Others (including telecom, Horticulture)

By Region

  • Karachi
  • Lahore
  • Islamabad

Pakistan CEP Market:

By Domestic/International

  • Domestic
  • International

By Business Model

  • B2B
  • B2C
  • C2C

By Type of Shipment

  • Same Day
  • Next Day
  • Two Days
  • More than 2 Days

Key Target Audience:

  • E-commerce Companies
  • Third-Party Logistic Providers
  • Potential Market Entrants
  • Freight Forwarding Companies
  • Warehousing Companies
  • Cold Storage Companies
  • Industry Associations
  • Consulting Agencies
  • Government Bodies & Regulating Authorities

Time Period Captured in the Report:

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

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Companies Covered:

  • Sprint Packers n Movers
  • Bismillah Logistics Pvt. Ltd
  • Speedaf Logistics Pakistan
  • KMW Domestic & International Courier & Cargo (Pvt.) Limited
  • Atlas Logistics
  • PK Logistics & Supply Chain Management (Pvt) Ltd.
  • Simply Logistic Services
  • MAERSK
  • DHL Express
  • Fed Ex
  • Hertz
  • XPO
  • Blue EX

Key Topics Covered in the Report:

  • Overview of Pakistan Logistics Infrastructure
  • Trends and Developments in Logistics Industry in Pakistan
  • SWOT Analysis in Logistics Industry in Pakistan
  • Government Initiatives in the Pakistan Logistics Industry
  • Issues & Challenges in Pakistan Logistics Market
  • Impact of Covid-19 & Military Coup in Pakistan
  • Ecosystem of Major Entities in Pakistan Logistics market
  • Freight Aggregator Market Along with Business Models
  • Technological Innovations in Warehousing Industry
  • Pakistan Logistics Current and Future Market Size and Market Segmentations
  • Competition Landscape in Freight Warehousing & CEP Market in Pakistan

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

Future Outlook of Pakistan Logistics Market

Related Reports by Ken Research: –

USA Logistics Industry Outlook to 2026

Australia Logistics Market Outlook to 2025

Germany E-Commerce Logistics Market Outlook to 2026F

Future Outlook of France Agriculture Equipment Market: Ken Research

 France Agriculture Equipment Market By Harvesting Machinery

The France Agriculture Equipment market is segmented by Harvesting Machinery into Combine Harvesters, Forage Harvesters and Other Harvesting Machinery.

Harvesting equipment was recorded at second position within France Agriculture Equipment Market. Emergence of harvesting machinery has effectively reduced their time and efforts. Thus, meeting the growing demands of urban dwellers and helping towards breaking up the soil efficiently. Amongst harvesting equipment, combine harvesters have the highest revenue.

France Agriculture Equipment Market By Haying And Forage Machinery

The France Agriculture Equipment market is segmented by Haying and Forage Machinery into Mowers, Balers and Other Haying and Forage Machinery.

The Balers segment accounted for the highest market share in 2022P. It is a piece of farm machinery used to compress a cut and raked crop into compact bales that are easy to handle, transport, and store.

France Agriculture Equipment Market By Irrigation Machinery

The France Agriculture Equipment market is segmented by Irrigation Machinery into Sprinkler Irrigation and Drip Irrigation.

The climatic changes and the increase in global warming have brought changes in rainfall patterns, making irrigation in agriculture difficult. Hence, the use of irrigation machinery has made it easy to serve thousands of acres around the world. The most-used modern irrigation methods are sprinkler and drip irrigation. They primarily serve to sustain crop growth and moisture.

Competition Scenario In France Agriculture Equipment Market

France Agricultural Equipment Market is at a growing stage, being driven by introduction of smart farming techniques such as precision farming and digital farming. The Agriculture Equipment Industry in France is highly consolidated with key players such as CLAAS France SAS, Lely France, John Deere SAS, CNH Industrial Österreich GmbH and Kubota Europe SAS.

What Is The Expected Future Outlook For The Overall France Agriculture Equipment Market Across The Globe?

The France Agriculture Equipment market was valued at USD ~billion in 2022P and is anticipated to reach USD ~billion by the end of 2027F, witnessing a CAGR of ~% during the forecast period 2022P-2027F. 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 France Agriculture Equipment market is driven by high internet penetration in the country, adoption of advance technologies, favorable government initiatives, emergence of new players and influx of foreign investments. However, the market is also constantly being influenced by rapid development in technology, product innovation, and diversification in some countries.

France Agriculture Equipment Market is expected to extend significant development during the upcoming years attributable to the rising disposable income. The France Agriculture Equipment Market is and tourism expanding as a result of the country's increasing urbanization and rising standard of living. Additionally, France's share of the Agriculture Equipment Market will increase as a result of rising labor costs and the global health emergency. The rising efforts of the government to develop the agriculture infrastructure are backed by rising efforts like providing subsidies and cheap raw materials. In addition, the revenue generated by the France Agriculture Equipment market is being driven by farmers' increasing adoption of modern farming equipment.

France Agriculture Equipment Market Analysis

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Key Segments Covered in the report

France Agricultural Equipment Market

By Tractor

  • Less than 50 HP
  • 50 to 79 HP
  • 80 to 99 HP
  • 100 to 120 HP
  • Above 120 HP

 By Plowing and Cultivating Machinery

  • Plows (Disc Plow and M.B Plow)
  • Harrows
  • Cultivators and Tillers
  • Other Plowing and Cultivating Machinery

 By Planting Machinery

  • Seed Drills
  • Planters
  • Spreaders
  • Other Planting Machinery

 By Harvesting Machinery

  • Combine Harvesters
  • Forage Harvesters
  • Other Harvesting Machinery (Root Crop Harvesting Machinery and Fruit and Vegetable Harvesting Machinery)

 By Haying and Forage Machinery

  • Mowers
  • Balers
  • Other Haying and Forage Machinery

 By Irrigation Machinery

  • Sprinkler Irrigation
  • Drip Irrigation

 Key Target Audience

  • Existing Agricultural Equipment Companies
  • New Market Entrants- Domestic OEMs
  • New Market Entrants- Foreign OEMs
  • Agricultural Equipment Financing Companies
  • Government Bodies
  • Investors & Venture Capital Firm
  • Agricultural Equipment Manufacturers
  • Agricultural Equipment Distributors
  • Agricultural Equipment Associations

Time Period Captured in the Report:

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

To more about industry trends, Visit this Link Request for a custom report

Companies Covered:

  • CLAAS France SAS
  • Lely France
  • John Deere SAS
  • CNH Industrial Österreich GmbH
  • Kubota Europe SAS
  • AGCO Distribution SAS
  • Same Deutz-Fahr France
  • Artec Pulverisation (Kuhn Group)
  • Yanmar Co. Ltd
  • Kuhn Group
  • Netafim Ltd

Key Topics Covered in the Report

  • Executive Summary
  • Country Overview of the France
  • Overview and Genesis of Agriculture Equipment Market in France
  • Ecosystem of France Agriculture Equipment Market
  • Market Segmentations of Agriculture Equipment Market in France
  • Snapshots on different Agriculture Equipment Markets in France
  • SWOT Analysis of France Agriculture Equipment Market
  • Growth Drivers of France Agriculture Equipment Market
  • Trends and Developments of France Agriculture Equipment Market
  • Challenges of France Agriculture Equipment Market
  • Competitive Analysis of Agriculture Equipment Market in France
  • Future Outlook and Projections of Agriculture Equipment Market in France

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

Future Outlook of France Agriculture Equipment Market

Related Reports by Ken Research: –

South Africa Agricultural Equipment Market Outlook to 2025

Indonesia Agriculture Equipment Market Outlook to 2025

Indian Used Agricultural Equipment Market Outlook to 2026

Friday, March 17, 2023

In The Age of New Entrants and Digitization, the Indonesian Data Center Sector Is Expanding Rapidly: Ken Research

 1. During 2021, the presence of 65 data center facilities in Indonesia generated revenue in excess of $1 billion

Indonesian data center market

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Because more people are using cloud-based services, especially in Indonesia, there is a significant need for data centers. Businesses are also beginning to embrace data-intensive technologies like IOT, data analytics, and AI. In addition, the Indonesian government has plans to build national data centers (Pusat Data Nasional) in four distinct locations. Apart from that, the building of data center facilities has started both locally and internationally by operators and developers. STT GDC, Digital Edge, and LOGOS have all made the decision to partner with Pure Data Centers in order to develop their data centers in Indonesia.

2. Increasing investments, new data center facilities, better connectivity, and rising internet penetration are some of the major factors driving the Indonesian data center market.

Indonesian data center Market Revenue

The sector for data centers in Indonesia is seeing an increase in investments from both domestic and local companies. Global DC operator Pure DC has worked with Logos, despite Princeton Digital Group in Singapore having announced a $150 million investment for a new DC facility. Additionally, Facebook and Google are constructing two new undersea cables that will improve connectivity between Singapore, Indonesia, and North America. Operators of data centers in Indonesia are also creating hyper-scalable buildings with a wide range of service possibilities. Not to mention, in 2021, 73% of the 276 million people on the planet will have daily access to the internet, up from 54% in 2017. Ranking seventh internationally is a result of rising daily internet usage and rising data consumption per user.

3. Less fibre optic capabilities and power supply, cyber-attacks, and the environment are all major challenges in the Indonesian data center market.

Indonesian data center Market Share

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Only 36% of Indonesia has fiber-optic coverage, with fibre connections improving in major areas but still lacking in distant and rural areas. Additionally, the DCs face difficulties due to Indonesia's erratic power supply. The main source of electricity for DCs in Indonesia is the state-owned PLN. The risks associated with earthquakes and urban floods in Indonesia are both considered significant. It is crucial and difficult to do a location evaluation to establish the best location for data centers. Finally, when it comes to cyber security risks, Indonesia is currently the third most targeted nation. Indonesian data center customers are expressing concerns over the country’s increasing number of cyberattacks, and this could have a bad effect on the sector.

4. Indonesia data center market is expected to generate $ more than 2.5 Bn in revenue owing to 106 DC facilities during the year 2026F

Indonesian data center market Forecast

The need for data services and infrastructure in Indonesia is anticipated to rise rapidly with the expansion of the internet economy. Additionally, new entrants will significantly accelerate market growth between 2022 and 2026, serving the wholesale requirements of regional cloud service providers and local businesses. Surge, a subsidiary of PT Solusi Sinergi Digital Tbk, is also getting ready to construct edge data centers in train stations and KUD warehouses across Java Island.

KSA EV Charging Equipment Market is expected to grow@ 88% CAGR in 2022-2027F owing to the increasing investments under Vision 2030 by the government: Ken Research

 1. The EV charging equipment market generated a revenue of SAR ~200 Th in 2022 owing to the rise in the number of EVs after the lifting of the ban imposed on the import of EVs in the region.

KSA EV Charging Equipment Market Revenue

In 2018, Saudi officials began permitting residents to import EVs for personal use. The market for electric vehicles saw a rise in the present years due to the lifting of the ban imposed on the import of EVs in the Kingdom. Additionally, the general public's growing awareness about the pollution levels is also driving the adoption of EVs. The market for EV charging equipment in Saudi Arabia is dominated by imports from various regions around the world. The majority of the equipment is brought from Europe, specifically Germany, France, and the Netherlands. Portable chargers, public charging stations, and private charging stations are the three forms of charging available for EVs in the market.

2. The KSA area experienced significant growth in the EV category as a result of government’s measures to diversify the country's economy and lessen the reliance on oil.

KSA EV Charging Equipment Market Share

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Total energy consumption in KSA exceeded 289 TWh in 2020, with a high of 61.7 GW and 53.5 GW generating capacity. As a remedy to this dilemma, Vision 2030 developed the King Salman Renewable Energy Resources and Initiative to empower new energy resources. In addition to this, KSA is one of the Middle East's fastest-growing economies, which allows the government to diversify and experiment when it comes to investing in new areas. More than 80% of the population lives in cities and is aware of regional trends and social duties, opening the path for environmentally friendly technologies such as EVs to thrive in the market. Electric vehicles are viewed as a solution to the problem of climate-related difficulties. The use of EVs produces no greenhouse gas emissions. This notion has grown in popularity in recent years as people become more conscious of the importance of living in an environmentally responsible manner.

3. The EV Charging Equipment Market in KSA is expected to grow by CAGR of ~88% by 2027F due to increasing EV and EV charging infrastructure along with companies offering better charging solutions in the country.

KSA EV Charging Equipment Market Trends

The EV charging equipment market in Saudi Arabia is estimated to produce a CAGR of ~88% by 2027 as the industry grows, owing to an increase in the number of electric cars and greater investment in charging infrastructure. With new manufacturers joining the market and a large percentage of the region's urban population, the number of electric vehicles in Riyadh is likely to grow. Furthermore, logistic organizations throughout the world are under constant pressure to minimize their carbon footprint and implement more eco-friendly solutions, which is projected to contribute to the growth of commercial vehicles in the area.

4. Lack of Repair and Maintenance Services with Underdeveloped Charging Infrastructure in the Kingdom of Saudi Arabia are some of the barriers in the adoption of EVs by the population.

KSA EV Charging Equipment Market Outlook

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Saudi Arabia has a desert temperature, and the constant usage of air conditioning quickly drains the battery. Drivers are hesitant to go longer distances, and recharge stations are needed on all major roadways. Additionally, electric vehicles consume a large amount of electricity in a short period of time, creating instability in power networks. In the Kingdom of Saudi Arabia, summer power usage might surpass supply, and the introduction of EVs can place a further strain on the system. There are currently few charging stations in KSA, which has a direct influence on EV sales in the region. Therefore, because of the paucity of charging stations, consumers are hesitant to purchase any electric car.

France Agriculture Equipment Market Outlook to 2027F: Ken Research

 What Is The Size Of France Agriculture Equipment Industry?

France Agriculture Equipment market is growing at a CAGR of ~% in 2017-2022P and is expected to reach ~USD Bn by 2027F.

The France Agriculture Equipment Market is largely driven by introduction of smart farming techniques such as precision farming and digital farming, rising disposable income, the country's increasing urbanization, rising standard of living and rising labour costs.

One-third of all the agricultural land in Europe is in France. According to Crop Trust, approximately 93% are middle-range and large-scale operations. According to FAOSTAT, the area harvested under major field crops in France had a productivity reduction due to the pandemic from 2019's productivity. France's rapid technological advancement has also resulted in the development of a highly trained and skilled workforce to operate its cutting-edge agricultural machinery, making it possible to employ top technology in crop fields.

A brand-new, extensive overhaul of the French food and agriculture policy was planned in accordance with its most recent approval by the parliament. The reform focuses primarily on improving France's agricultural and food policies, with a primary focus on increasing agricultural production. With an increased focus on the potential for export, the trends shifted toward the use of fewer, more powerful machines. France's demand for agricultural equipment is rising as a result of enhanced government support.

France Agriculture Equipment Market By Tractor

The France Agriculture Equipment market is segmented by Tractor into Less than 50 HP, 50 to 79 HP, 80 to 99 HP, 100 to 120 HP and Above 120 HP.

The tractor segment was observed to dominate the Agriculture Equipment Industry in France. Tractors are multipurpose equipment with the ability to handle numerous implementations such as harrows, ploughs, sprayers and others. The increasing use of advanced machinery in agricultural activities such as plowing the fields to get them ready for crop sowing is one of the major drivers of the tractor market in Europe.

France Agriculture Equipment Market By Plowing And Cultivating Machinery

The France Agriculture Equipment Market is segmented by Plowing and Cultivating Machinery into Plows (Disc Plow and M.B Plow), Harrows, Cultivators and Tillers and Other Plowing and Cultivating Machinery.

The Plows segment accounted for the highest market share in 2022P. Plows are the most important agricultural implement since the beginning of history, used to turn and break up soil, to bury crop residues, and to help control weeds.

France Agriculture Equipment Market By Planting Machinery

The France Agriculture Equipment market is segmented by Planting Machinery into Seed Drills, Planters, Spreaders and Other Planting Machinery.

The Seed Drills segment accounted for the highest market share in 2022P, as it is used to sow seeds for crops by positioning them in the soil and burying them to a specific depth while being dragged by a tractor.

France Agriculture Equipment Market Demand

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Key Segments Covered in the report

France Agricultural Equipment Market

By Tractor

  • Less than 50 HP
  • 50 to 79 HP
  • 80 to 99 HP
  • 100 to 120 HP
  • Above 120 HP

 By Plowing and Cultivating Machinery

  • Plows (Disc Plow and M.B Plow)
  • Harrows
  • Cultivators and Tillers
  • Other Plowing and Cultivating Machinery

 By Planting Machinery

  • Seed Drills
  • Planters
  • Spreaders
  • Other Planting Machinery

 By Harvesting Machinery

  • Combine Harvesters
  • Forage Harvesters
  • Other Harvesting Machinery (Root Crop Harvesting Machinery and Fruit and Vegetable Harvesting Machinery)

 By Haying and Forage Machinery

  • Mowers
  • Balers
  • Other Haying and Forage Machinery

 By Irrigation Machinery

  • Sprinkler Irrigation
  • Drip Irrigation

 Key Target Audience

  • Existing Agricultural Equipment Companies
  • New Market Entrants- Domestic OEMs
  • New Market Entrants- Foreign OEMs
  • Agricultural Equipment Financing Companies
  • Government Bodies
  • Investors & Venture Capital Firm
  • Agricultural Equipment Manufacturers
  • Agricultural Equipment Distributors
  • Agricultural Equipment Associations

Time Period Captured in the Report:

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

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Companies Covered:

  • CLAAS France SAS
  • Lely France
  • John Deere SAS
  • CNH Industrial Österreich GmbH
  • Kubota Europe SAS
  • AGCO Distribution SAS
  • Same Deutz-Fahr France
  • Artec Pulverisation (Kuhn Group)
  • Yanmar Co. Ltd
  • Kuhn Group
  • Netafim Ltd

Key Topics Covered in the Report

  • Executive Summary
  • Country Overview of the France
  • Overview and Genesis of Agriculture Equipment Market in France
  • Ecosystem of France Agriculture Equipment Market
  • Market Segmentations of Agriculture Equipment Market in France
  • Snapshots on different Agriculture Equipment Markets in France
  • SWOT Analysis of France Agriculture Equipment Market
  • Growth Drivers of France Agriculture Equipment Market
  • Trends and Developments of France Agriculture Equipment Market
  • Challenges of France Agriculture Equipment Market
  • Competitive Analysis of Agriculture Equipment Market in France
  • Future Outlook and Projections of Agriculture Equipment Market in France

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

Future Outlook of France Agriculture Equipment Market

Related Reports by Ken Research: –

South Africa Agricultural Equipment Market Outlook to 2025

Indonesia Agriculture Equipment Market Outlook to 2025

Indian Used Agricultural Equipment Market Outlook to 2026

Pakistan Logistics Market Outlook to 2027F: Ken Research

 What Is The Size Of Pakistan Logistics Industry?

Pakistan Logistics Market is growing at a CAGR of ~% in 2017-2022 and is expected to reach USD ~ Bn by 2027F.

The Pakistan Logistics Market is largely driven by CPEC investment, Pakistan vision 2025, industrial parks, developing SEZs, modernization and expansion.

Pakistan’s alignment for efficient delivery of cargo to Central Asia, Eurasia, the Commonwealth of Independent States (CIS) countries, the Middle East, the Islamic Republic of Afghanistan, the Islamic Republic of Iran, and India gives it great leverage as a land transit country. The CPEC had not only benefit Pakistan and China, but also had a positive impact on the region. The relationship resulted in enhanced regional connectivity through improved road rail and air infrastructure.

Also, logistics is the turning wheel behind any country’s economy to help enter the global supply chain industry, which is rapidly digitalizing and creating a new generation of consumers. Moreover, it plays an even larger role in countries that enjoy a geostrategic advantage such as Pakistan. This sector is becoming one of the most important accelerators of trade and industry in developing and developed countries. Specifically, an efficient supply chain network has the potential to increase rural income manifold, which can lead to a multiplier effect on the overall economy.

Pakistan Logistics Market By End-Users

The Pakistan Logistics Market is segmented by end-users into food and beverages, industrial & construction, retail (garment, cosmetics), automotive & engineering and others (include telecom, horticulture). Food and Beverages has the most share in end user segment as compared to other segments as it is the basic need of everyone as they are basic needs for Pakistan’s population.

Pakistan Logistics Market By Domestic/International

The Pakistan Logistics Market is segmented by domestic/international into domestic and international. Pakistan does international logistics more as compare to domestic as they are mainly depending on other countries for many things.

Pakistan Logistics Market By Type Of Mode

The Pakistan Logistics Market is segmented by type of mode into sea, road, air and rail. Road mode of logistics services are most used type pf mode in Pakistan as they have less sea and air transportation facilities and also due to CPEC road mode is very common.

Pakistan Logistics Market Revenue

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Key Segments Covered in the report:

Pakistan Logistics Market

  • Pakistan Freight Market
  • Pakistan Warehousing Market
  • Pakistan CEP Market

Pakistan Freight Market:

  • By End-Users
  • Food and Beverages
  • Industrial & Construction
  • Retail (Garment, Cosmetics)
  • Automotive & Engineering
  • Others (include telecom, Horticulture)

By Domestic/International

  • Domestic
  • International

By type of Mode

  • Sea
  • Road
  • Air
  • Rail

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By 3PL/Integrated

  • 3PL
  • Integrated

By Type of Fleet

  • Small Fleet Operators
  • Medium Fleet Operator
  • Large Fleet Operators

Pakistan Warehousing Market:

By Warehouse Space

  • Tech Enabled Warehouse Space
  • Non-Tech Warehouse Space

By Warehouse Space

  • Organized Warehouse Space
  • Unorganized Warehouse Space

By Warehouse Space

  • Racked Warehouse Space
  • Unracked Warehouse Space

By Business Model

  • Industrial / Retail
  • ICD/ CFS
  • Cold Storage

By Area

  • Closed
  • Open

By 3PL/Integrated

  • 3PL
  • Integrated

By End-Users

  • Food and Beverages
  • Industrial & Construction
  • Retail (Garment, Cosmetics)
  • Automotive & Engineering
  • Others (including telecom, Horticulture)

By Region

  • Karachi
  • Lahore
  • Islamabad

Pakistan CEP Market:

By Domestic/International

  • Domestic
  • International

By Business Model

  • B2B
  • B2C
  • C2C

By Type of Shipment

  • Same Day
  • Next Day
  • Two Days
  • More than 2 Days

Key Target Audience:

  • E-commerce Companies
  • Third-Party Logistic Providers
  • Potential Market Entrants
  • Freight Forwarding Companies
  • Warehousing Companies
  • Cold Storage Companies
  • Industry Associations
  • Consulting Agencies
  • Government Bodies & Regulating Authorities

Time Period Captured in the Report:

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

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Companies Covered:

  • Sprint Packers n Movers
  • Bismillah Logistics Pvt. Ltd
  • Speedaf Logistics Pakistan
  • KMW Domestic & International Courier & Cargo (Pvt.) Limited
  • Atlas Logistics
  • PK Logistics & Supply Chain Management (Pvt) Ltd.
  • Simply Logistic Services
  • MAERSK
  • DHL Express
  • Fed Ex
  • Hertz
  • XPO
  • Blue EX

Key Topics Covered in the Report:

  • Overview of Pakistan Logistics Infrastructure
  • Trends and Developments in Logistics Industry in Pakistan
  • SWOT Analysis in Logistics Industry in Pakistan
  • Government Initiatives in the Pakistan Logistics Industry
  • Issues & Challenges in Pakistan Logistics Market
  • Impact of Covid-19 & Military Coup in Pakistan
  • Ecosystem of Major Entities in Pakistan Logistics market
  • Freight Aggregator Market Along with Business Models
  • Technological Innovations in Warehousing Industry
  • Pakistan Logistics Current and Future Market Size and Market Segmentations
  • Competition Landscape in Freight Warehousing & CEP Market in Pakistan

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

Future Outlook of Pakistan Logistics Market

Related Reports by Ken Research: –

USA Logistics Industry Outlook to 2026

Australia Logistics Market Outlook to 2025

Germany E-Commerce Logistics Market Outlook to 2026F