Wednesday, March 22, 2023

The Indonesian Chemical Construction Company is expected to grow at a CAGR of ~9% in the upcoming years: Ken Research

 1. Oligopolistic Market is with a few players dominating the market, with high fragmentation among smaller players occupying minute portions of the pie.

Indonesia Construction Chemicals Market

Indonesian construction sector is expected to grow at YoY rate of 5.4%, i.e., at CAGR 11% over the period of 2022-2025, thus impacting the growth rate of construction chemical market as well. The extremely humid climate of Indonesia, with increasing awareness of construction chemicals is driving up demand for waterproofing products.

The market has significant presence in terms of numbers of small sized players operating in different product categories. Industry is growing at a faster rate compared to the Global Industry. Only few major companies such as Aquaproof, SIKA, Fosroc, MBS have strong retail chains in the industry. Unorganized market share is ~20% of the overall Construction Chemicals Market as of FY20. Moreover, the overall market is highly oligopolistic, with major players such as SIKA, Fosroc, MBS, Mapei and ESTOP capturing nearly 75% of the market.

To Know More about this report, download a Free Sample Report

2. Indonesian Construction Chemicals Market Size Market Size in FY’20 was ~12 Mn USD and it has grown at a CAGR of 7.3% from FY’15 to FY’20.

Indonesia Construction Chemicals Market Revenue

Visit this Link Request for a custom report

Growth in urbanization and development of housing projects led to the growth for construction chemicals. Demand for high quality and durable products such as construction admixture for cements, waterproofing chemicals increased the adoption of construction chemicals. The drought and water scarcity in Indonesia has led to the demand for water reducer additives and newer technologies that allow construction processes to consume lesser water.

Global companies increased their presence by opening new manufacturing plants, for instance SIKA opened a third manufacturing plant in Indonesia, Deka Group has acquired PT Estop Indonesia to enhance their concrete admixture sales. Sika, Fosroc, MBS are few of the pure construction chemicals companies having strong presence in market. Whereas companies such as Bostik, DOW, Bossil, that majorly offer other allied products are also present in market. Construction sector had to bear the worst impact of Covid-19 as there was major financial crunch in the market. Construction activities were completely halted and projects shut down, which indirectly affected the construction chemicals market adversely.

Tuesday, March 21, 2023

Malaysia’s Construction Chemical market is expected to contribute a revenue of USD 744 Mn in 2027F expanding at a CAGR of ~ 5% in between 2022E and 2027F: Ken Research

Strong Growth & Government Support: The global pandemic disrupted the global markets including the construction Industry but several initiatives have been taken by the Malaysian Government to induce a steady recovery. In December 2021, The Malaysian government pass budget of MYR332.1 billion ($81.8 billion) for 2022 including an allocation of MYR75.6 billion ($18.6 billion) for development expenditure, and support businesses. The government also introduced the 12th Malaysian plan. Ongoing developments under the 12th Malaysia Plan include eight highway projects (four of which are in the Klang Valley), five railway projects and a hydroelectric dam project in Baleh, Sarawak. More than 67000 units of affordable houses were approved for construction under the Federal Territories Ministry’s Residensi Wilayah Keluarga Malaysia housing project as of May 2022.

Slightly Fragmented: Malaysia Chemical Construction Market is slightly concentrated and has a fragmented tail as it is flooded with multiple small domestic and international players. The major competitive parameters are geographies covered, brand awareness, payment terms, quality vs quantity, domestic sales vs exports, type of product & total SKUs. SIKA is the leader because they are dominating a large segment of market with highest revenue and huge capital investment. After acquiring BASF (MBCC Group), both the companies with dominate the market. Bostik and Pentens operates in limited construction chemicals but makes good revenue. MAPEI are visionaries as they have average market share. They understand where the market is going but do not yet execute very well because lack of partnership.

Analysts at Ken Research in their latest publication, Malaysia Construction Chemicals – driven by strong growth of construction Industry & Government support by Ken Research observed that Malaysia Construction Chemical Market is in a growth phase & is  expected to grow at a CAGR of ~5%  in the forecasted period 2023-2027F. It is to be noted that the Malaysia Construction Chemicals market is is slightly concentrated and has a fragmented tail as it is flooded with multiple small domestic and international players competing not only on the basis of price and quality, domestic sales & product quality.

Malaysia Construction Chemical Market - infographic

To Know More about this report, download a Free Sample Report

Key Segments Covered in the report:

By Market Type:

  • Organized
  • Unorganized

By Product Type:

  • Concrete Admixtures
  • Waterproofing
  • Repair & Rehabilitation Chemicals
  • Grouting Chemicals
  • Coatings
  • Sealants & Adhesives
  • Industrial Flooring

By Region

  • North Peninsula
  • South Peninsula
  • Central Peninsula
  • East Malaysia

By Type of End users

  • Residential
  • Commercial
  • Industrial

By Major Players

  • Sika
  • BASF
  • Fosroc
  • Pentens
  • Bostik
  • Mapie
  • Others

Key Target Audience

  • Construction Chemical companies
  • Concrete Additive companies
  • Waterproofing companies
  • Adhesive and Sealant Companies
  • Repair and Rehabilitation Chemical companies

Visit this Link Request for a custom report

Time Period Captured in the Report:

  • Historical Period: 2017-2022
  • Base Year: 2022
  • Forecast Period: 2023-2027F

Companies Covered:

  • Sika
  • BASF
  • Fosroc
  • Pentens
  • Bostik
  • Mapie

Key Topics Covered:

  • Executive Summary
  • Country Overview
  • Malaysia Construction Market Overview
  • Malaysia Construction Chemical Market Overview
  • Malaysia Construction Chemical Market Size
  • Malaysia Construction Chemical Market Segmentation
  • Industry Analysis of Malaysia Construction Chemical Market
  • Competition Framework of Malaysia Construction Chemical Market
  • Future Outlook of Malaysia Construction Chemical Market
  • Analyst Recommendation
  • Research Methodology

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

Malaysia Construction Chemical Market

Related Reports by Ken Research: –

Indonesian Construction Chemicals Market Outlook to 2025

Vietnam Construction Chemical Market

India Construction Chemicals Market Outlook to 2025

Kuwait Warehousing Market Space to increase at a CAGR of 10.7% from 2021-2026F and is expected to reach at ~7 Mn sqm in 2026F: Ken Research

 1. The Kuwait warehousing industry is in the growing stage and is undergoing radical changes as warehouses are becoming increasingly sophisticated

Kuwait Warehousing Market

To Know More about this report, download a Free Sample Report

The warehousing segment in Kuwait is becoming increasingly sophisticated & advanced with time & is expected to witness innovation in upcoming years. Kuwait is majorly focusing on improving its trade relations which led to the growth in import and export in terms of value and volume. Companies manufacturing or importing products in Kuwait usually outsource all or part of their supply chain to logistics specialists when it’s not a core. Along with warehousing services (picking up, packing and labeling), logistics suppliers have extended their traditional core into extra value-added services, such as postponed manufacturing (light assembly, kitting, manufacturing and quality control), and even payment and customer management. Moreover, government initiatives are also expected to boost the overall market growth. Kuwait government’s plans to invest across strategic sectors under Kuwait Development Plan (KDP) 2015-2020 has positively impacted the market.

2. Advanced sortation systems, Drones, IoT and Automated guided vehicles are some of the emerging technologies in the Kuwait warehousing ecosystem

Kuwait Warehousing Market Trends

Kuwait Warehousing Market is expected to witness innovation in terms of technology in upcoming years. Advanced sortation systems, Drones, IoT and Automated guided vehicles are some of the emerging technologies in the market. Automated guided vehicles or AGV’s can be used to transport raw materials, work-in-progress, and finished goods around the warehouse whereas technologies such as the IoT can help warehouses to reduce risk and avoid mistakes or accidents that can create losses in the supply chain by early detection. It is also expected that in future many warehouses will be able to use drones to track their inventory. This will give warehouses of all sizes the ability to conduct comprehensive inventory counts and audits at the drop of a hat. Safety concern is holding back drones from becoming part of the warehouses.

3. The growth of local companies within the logistics sector points to widening industry potential in the country with total warehousing space growing @10.7% CAGR (2021-2026F)

Kuwait Warehousing Market Revenue

Visit this Link Request for a custom report

Kuwait is developing its transportation infrastructure across ports, airport and rail with a view to position the country as a hub for regional trade. This, combined with Kuwait’s reliance on imports, logistics and warehousing presents considerable opportunities for international players. Technological Advancements are expected to improve and enhance supply chain transparency and security leading to improved cost efficiency while SMEs are expected to increase in the FMCG, Pharma & manufacturing sector which will induce freight handling of these goods. Moreover, expansion of logistics infrastructure such as intermodal connectivity, logistics parks and ports to create business opportunities.

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.

To Know More about this report, download a Free Sample Report

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

Visit this Link Request for a custom report

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

To Know More about this report, download a Free Sample Report

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

Visit this Link Request for a custom report

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

To Know More about this report, download a Free Sample Report

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

Visit this Link Request for a custom report

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

To Know More about this report, download a Free Sample Report

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

Visit this Link Request for a custom report

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

To Know More about this report, download a Free Sample Report

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

To more about industry trends, Request a free Expert call

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

Visit this Link Request for a custom report

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

To Know More about this report, download a Free Sample Report

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

To learn more about this report Download A Free Sample

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

Visit this Link Request for a custom report

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.