Friday, July 21, 2023

Australia LED Lighting Market is expected to keep growing in the next five years owing to the growing consumer awareness about the environment as well as the durability of LED lights: Ken Research

 Australia Led Lighting Market is in the growing stage, owing to the growing consumer awareness about the environment, the durability of LED lights and the government initiatives for energy efficiency drive. The LED Lighting Market in Australia is consolidated with key players such as LED EXPO Australia, Ledtec, MyEnergy Group and Dongguan City Tianhua Photoelectric Technology Co Ltd etc.

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Key Market Findings:

  • Australia LED Lighting Market was valued at USD ~ in 2021 and is projected to grow to USD ~ by 2027F, registering a CAGR of ~% in terms of revenue during the forecast period (2022P-2027F).
  • The commercial sector accounted for the majority of the market share in 2021 in Australia.
  • The use of LED lights has increased in both home and business settings as they are effective, durable, and have good illumination.

Growing Lamp Segment: The lamps segment dominated the overall LED lighting market in 2022 and similar trend is expected to continue during the forecast period. A-type and T-type lamps are highly adopted in residential applications, which, in turn, leads to a larger market size of the lamps segment compared to luminaires. The modern technology equipped with LED lamps enables improved efficiency with low maintenance costs. The warm light from the LED lamps allows for complete brightness without energy loss. Customers increasingly want environmentally friendly options and using an environmentally friendly light source to reduce energy consumption. Traditional lighting sources do not function well in cold weather. When the temperature drops, lighting sources, particularly fluorescent lamps, require a higher voltage to start, and light intensity diminishes.

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Rising Digital Platforms for Fund Transfer: The outdoor market is expected to expand during the projected period. This is because infrastructure-related projects including highways, airports, and public areas are being expanded. The market for LED lights for outdoor applications is also expected to increase due to growing government initiatives to attain net-zero emissions by reducing energy use.

Growing Commercial End-User Segment: The need for sophisticated lighting among exhibition, museum, and gallery owners for improved lighting applications is one of the driving forces behind the rapid growth of the commercial building industry around the world and is anticipated to promote market expansion. The demand for high-luminance LED lights is expanding predominantly owing to the requirements for office lighting to conform to government regulations and norms, which is boosting the expansion of the market.

Analysts at Ken Research in their latest publication “Australia LED Lighting Market Outlook to 2027F - By Type of LEDs (Luminaires and Lamps), By Usage of LEDs (Indoor, Outdoor, Street Lighting, Building Exteriors/ Façade Lighting, Parking Lots and Garages, Others) and By End User Sector (Commercial, Residential, Industrial, Healthcare and Hospitality)” observed that Australia LED Lighting Market is expected to showcase considerable growth in the coming five years. In the upcoming years, it is predicted to expand more rapidly due to the growing consumer awareness about the environment, the durability of LED lights and the government initiatives for energy efficiency drive. The LED Lighting Market in Australia is expected to grow at ~% CAGR over the forecasted period 2022P-2027F.

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Key Segments Covered in the report

By Type of LEDs

  • Luminaires
  • 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

 By Type of Sales

  • Project
  • Retail

 Key Target Audience

  • Government Bodies and Regulatory Authority
  • Fintech Companies
  • Investors and Fianciers
  • Venture Capitalist
  • New Market Entrants
  • Banks and its Subsidiaries
  • NBFCs
  • OEM Dealerships
  • LED Light Manufacturers
  • LED Light Sellers

 Time Period Captured in the Report:

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

 Companies Covered:

  • LEDEXPO Australia
  • Ledtec
  • MyEnergy Group
  • Dongguan City Tianhua Photoelectric Technology Co Ltd
  • Jiangsu ChuangXu Optoelectronics Technology Co., Ltd.
  • Shenzhen Guangshezhaoming Technology Co., Ltd
  • Ningbo ALVA Electric Appliance Co., Ltd.
  • Zhejiang Danse Electronic Technology Co., Ltd.

 Key Topics Covered in the Report

  • Australia LED Lighting Market Overview
  • Australia LED Lighting Market Segmentation
  • Australia Domestic LED Lighting Market Overview
  • Australia International LED Lighting Market Overview
  • Ecosystem of Australia LED Lighting Market
  • Market Share of Major Players in Australia LED Lighting Market
  • Industry Analysis of Australia LED Lighting Market
  • Value Chain of LED Lighting Market in Australia
  • Key Growth Drivers in Australia LED Lighting Market
  • End User Analysis of Australia LED Lighting Market
  • Key Challenges of Australia LED Lighting Market
  • SWOT Analysis of Australia LED Lighting Industry
  • Future Outlook of Australia LED Lighting Market
  • Trends and Development of Australia LED Lighting Market

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

Australia LED Lighting Market Outlook to 2027F

Related Reports:

Saudi Arabia LED Lighting Market Outlook to 2023- By Type of LEDs (Lamps and Luminaires), By Usage (Indoor and Outdoor), By Sector (Commercial, Residential, Industrial, Healthcare, Hospitality and others), By Region, By Sales (Project and Retail)

UAE LED Lighting Market Outlook to 2023- By LEDs Lamps (LED Reflectors, LED Tubes, Others); Luminaires (Downlights, Troffers, Outdoor Area Lights, Roadway Fixtures, Spot Lights and Other Luminaires), By Usage (Indoor and Outdoor), By End Users

Accelerating Forward: Over 100,000 Car Plates Issued in 2022 in KSA Automotive Market, Propelled by Vision 2030 - What's on the Horizon for Saudi Arabia's Auto Industry?: Ken Research

 The Automotive Market in KSA is moderately fragmented with highly competitive rivalry among the competitors. Some of the popular Automotive brands like Petro Min, Saudi Parts Center Company and Atlobha compete on the basis of Price, Technology Advancement and Strong Acquisitions.

KSA Automotive Market

1. Driving Ahead: Growth in Driving Licenses and Registered Cars across All Regions in Saudi Arabia with the Inclusion of Women Drivers.

KSA Automotive Market

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  • Makkah, Al-Riyadh & Eastern provinces accounts for the highest used & new vehicle sales in the Kingdom due to high population levels & influx of tourism all year around.
  • Increasing monthly income in regions such as Al- Baha, Jazan, Al- Jowf, Al- Qasim & more highlighting the potential for higher demand for automobiles in the future.
  • Since the restriction was lifted in 2018, more driving licenses have been issued to women.
  • Northern borders only receive seasonal tourists due to hill stations, leading to a small number of registered vehicles.
  • The Eastern province enjoys the benefit of ports & industrial growth, leading to the highest average household income & car plates issued.

2. Electrifying the Future: How Saudi Vision 2030 and the Saudi Green Initiative are Boosting Vehicle Electrification for Economic Diversification and Sustainability.

KSA Automotive Market

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Even though internal combustion engine (ICE) vehicles remain the dominant force in the Saudi Arabia (KSA) automotive market, there is still a significant opportunity for electric vehicle (EV) producers. Original Equipment Manufacturers (OEMs) are actively investing in improving the efficiency of their vehicles and offering competitive range options. The focus of both OEMs and the KSA government is on electrification, with ambitious targets set to reduce carbon emissions by 20%-40% by 2030. The increasing consumer awareness, shifting perception towards environmentally-friendly transportation, and growing environmental concerns will be the driving factors behind the growth of EVs in KSA.

3. Revolutionizing Customer Service: Innovative Solutions and Quick Service Models to Tackle High Downtime Challenges in the KSA Automotive Market.

KSA Automotive Market

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Time Period Captured in the Report:

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

Companies Covered:

  1. Car Dealerships:
  • AJL
  • Yusuf Naghi
  • Juffali
  • UMA
  1. Spare Parts Retailers:
  • Speero
  • Atlobha
  • Odiggo
  • Ubuy
  1. Car Repair Service Centers:
  • Petromin
  • Auto Focus

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

KSA Automotive Market Outlook to 2027

Related Reports by Ken Research:-

Egypt Automotive Aftermarket Service Industry Outlook to 2027

UAE Automotive Aftermarket Service Industry Outlook to 2026

Indonesia Automotive Aftermarket Service Market Outlook to 2026

COVID-19: Growth Restrain yet Growth Enabler for the India Industrial Gases Market. How? - Ken Research

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In India's industrial and economic development, industrial gases play a crucial role. They regularly analyze and update their procedures to cut costs and make them more sustainable in light of the growing harm done to the environment and ecosystem. They serve as the building blocks of the manufacturing and industrial sectors. Domestic players are investigating the dynamics that are offered by international markets in an effort to accelerate production since they have aspirations to go global.
However, the positive performance of the industry was hit by the global pandemic. But still, the obstacle turned out to be the key growth enabler for the sector. To know how? Read the complete insight.

1. Industrial gas is sold to other industrial enterprises; typically comprising large orders to corporate industrial clients, from building a process facility or pipeline down to cylinder gas supply

India Industrial Gases Market

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2. Presently, the Transportation of Gases and the Impact of COVID-19 has been two major challenges in the Industrial Gases Market

India Industrial Gases Market

3. But still, COVID-19 became the core driving factor of the market by putting problems associated with the supply chain of industrial gases under the limelight

India Industrial Gases Market

4. The India Industrial Gases industry will always be the most profitable market among all Industrial Gases due to the versatilities in the application of oxygen

India Industrial Gases Market

Some of the Intelligence Curated by Ken Research in Warehousing Market Space:

  1. Australia LNG Industry Outlook to 2018 - Upcoming LNG Projects to Drive the Future Growth
  2. Poland Shale Gas Industry Outlook to 2025 - Government Strategy and Companies Proclivity to Drive Shale Gas Exploration
  3. World Industrial Gases Market Research Report 2026 (Covering USA, Europe, China, Japan, India and etc)
  4. Global Oleochemicals Market Size, Segments, Outlook, and Revenue Forecast 2022-2028 by Product Type (Fatty Acid, Fatty Alcohol, Glycerol), Application (Healthcare & Pharmaceuticals, Household Care, Personal Care & Cosmetics, Food & Beverages, Polymer & Plastic Additives, Industrial), and Region (North America, Europe, Asia Pacific, Latin America, Middle East and Africa (LAMEA))
  5. Global Composites Market Size, Segments, Outlook, and Revenue Forecast 2022-2028 by Fiber Type (Glass Fiber Composites and Carbon Fiber Composites), End User (Electrical & Electronics, Automotive & Transportation, Wind Energy, Aerospace & Defense, and Construction & Infrastructure), Resin Type (Thermoset Composites and Thermoplastic Composites), Manufacturing Process (Injection Molding Process, Resin Transfer Molding Process, Pultrusion Process, Layup Process, and Filament Winding Process) and Region (North America, Europe, Asia Pacific, Latin America Middle East and Africa (LAMEA))

To Know more about this Whitepaper, Visit this link:-

 India Industrial Gases Market

Shell vs. Kroon Oil - Who Reigns Supreme in the Dutch Lubricants Market? : Ken Research

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Storyline

  • Shell, a globally recognized brand with a century-long presence in the Netherlands, offers premium lubricants for diverse applications worldwide. Their extensive product range serves various industries, showcasing their commitment to excellence.
  • Kroon Oil, with a regional focus primarily in Europe, excels in specific markets, providing specialized lubricant solutions.
  • The choice between Shell and Kroon Oil depends on industry requirements, geographical preferences, and the need for a global brand or regional expertise in lubricant offerings.

Introduction

In the competitive landscape of the lubricant industry, Shell and Kroon Oil stand out as prominent players. Their differences in brand recognition, market presence, product range, research and development, global reach, and sustainability initiatives create an intriguing comparison. Let's delve into their unique qualities and discover which company shines brighter in the Netherlands' lubricant space.

Shell and Kroon Oil are both prominent players in the lubricant industry, but they differ in several aspects:

1.Brand Recognition

Netherland Lubricants Market

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Shell founded its first laboratory in Amsterdam, the Netherlands, in 1914. In 2022, over a century later, we opened our Energy Transition Campus Amsterdam, formerly the Shell Technology Centre Amsterdam.

For over 100 years, we have been focusing exclusively on the development and manufacture of premium lubricants. Whatever the application for which you require a product, we will have it. Apart from products for road traffic, agriculture, industry, bicycles and shipping, we offer various specialties.

Shell is a globally renowned and highly recognized brand, while Kroon Oil has a more regional presence primarily focused in Europe. Shell's brand awareness and reputation give it a wider reach and customer base compared to Kroon Oil.

2.Market Presence

Shell operates in numerous countries worldwide, serving a broad range of industries, including automotive, aviation, and industrial sectors. Kroon Oil, on the other hand, primarily focuses on the European market, catering to sectors such as automotive, agriculture, and marine industries.

3.Product Range

Netherland Lubricants Market

Netherland Lubricants Market

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Shell offers an extensive portfolio of lubricants, including synthetic, semi-synthetic, and conventional lubricants for various applications. They provide specialized lubricants for high-performance engines and advanced machinery. Kroon Oil also offers a diverse range of lubricants, including engine oils, transmission fluids, and hydraulic oils, but their product line might be comparatively smaller than Shell's.

4.Research and Development

Shell invests significantly in research and development, constantly innovating and improving their lubricant formulations to meet the evolving needs of their customers. They have dedicated laboratories and partnerships with leading research institutions. While Kroon Oil also focuses on product development, their research and development efforts might be relatively smaller in scale.

5.Sustainability and Environmental Initiatives

Shell has made notable commitments towards sustainability, including reducing carbon emissions and developing more environmentally friendly lubricants. They actively engage in eco-friendly practices and initiatives. Kroon Oil also emphasizes sustainability and has initiatives to produce environmentally conscious lubricants, but their global impact might be comparatively smaller.

Conclusion

Ultimately, while Shell is a well-established global player with a wide range of lubricants and a strong presence across industries, Kroon Oil has a more regional focus and may excel in catering to specific European markets. The choice between the two would depend on specific industry requirements, geographical location, and customer preferences.

Thursday, July 20, 2023

Thawing the Cold Chain Conundrum: Can New Technologies Unlock a Promising Future for the Philippines Market? – Ken Research

 The cold chain market in the Philippines is witnessing a remarkable growth trajectory, propelled by the increasing domestic consumption of meat, the burgeoning demand for Quick Service Restaurants (QSRs), and the expansion of cold storage infrastructure. Nevertheless, this industry is not immune to the significant changes occurring in the market, including shifts in demand, supply, quality, regulations, heightened product sensitivity, and underutilized capacities. These factors directly impact the efficiency of cold chain logistics. To delve deeper into how government regulations and technological advancements are shaping the future of this industry in the Philippines, read more. Discover the pivotal role they play in overcoming challenges and driving the sector towards enhanced productivity and sustainability.

1. The Cold chain market is highly fragmented and is home to 100+ cold transportation & storage players enabling the market to transform over the yearsPhilippines Cold Chain Market

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2. Presently, the industry is driven by the rising domestic consumption of meat, growing demand for QSRs, and expansion of existing cold storage

Philippines Cold Chain Market

3. However, the significant changes in the market in terms of demand, supply, quality, regulations, increased product sensitivity, and low capacity utilizations directly affect cold chain logistics

Philippines Cold Chain Market

4. To curb the issues and promote growth of the market, the Philippines Government is working closely with the US Agencies through various associations and strategies

Philippines Cold Chain Market

4.1 Further, the Cold chain sector in the Philippines is experiencing a new wave of technological developments which will further push the organic growth of the industry in the future

Philippines Cold Chain Market

Some of the Intelligence Curated by Ken Research in Cold Chain Market Space:

Saudi Arabia Warehousing Market Outlook to 2027 Driven by Government Support, demand for E-Commerce and Infrastructure Investment in the country

  • UAE Logistics Market Outlook to 2026 Driven by rapidly growing E-Commerce industry, various infrastructure development initiatives, & its strategic location.
  • Global Industrial Packaging Market Outlook to 2027 Segmented by product type (Drums, IBCs, Sacks, Crates, Pails, Corrugated boxes, Others), kind of material (Plastic, Wood, Metal, Paperboard, Others), End User (Food & beverage, Automotive, Pharmaceutical, Chemical, Oil & Lubricant, Building & Construction, Others) and by region (North America, Europe, Asia Pacific, Middle East & Africa, South America)
  • KSA Warehousing Market Outlook to 2027 Driven by increasing government efforts in line with Saudi Vision 2030 and rising demand for automated and mechanized warehouses
  • Indonesia Logistics Market Outlook to 2027 driven by high growth in E-Commerce, government policies attracting foreign investors & promising manufacturing sector.

To Know more about this Whitepaper, Visit this link:-

Philippines Cold Chain Market

Australia Freight Forwarding Market to grow at the rate of 9.8% in the upcoming period between 2022-2026 owing to government policies such as the Multimodal Freight Logistics Hub alongside technological innovations such as efficient freight matching: Ken Research

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History of steady growth alongside a positive future forecast provides Australia logistics Market increasing confidence & interest of stakeholders, says a report by Ken Research

1.Government policies to be the backbone of Market development in Australia’s Freight Forwarding Market

Australia Logistics Market

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The government of Australia has planned to Enhance productivity by investing in freight infrastructure, and delivering and improving key freight programs and projects, including the Restart NSW funding which has been made available for Fixing Country Roads (USD 543 Mn) and Fixing Country Rail (USD 400 Mn). Moreover, government policies are supporting the development of infrastructure. For instance, freight line from Melbourne to Brisbane will allow freight and container trucks to move across the state borders more efficiently. Freight line from Melbourne to Brisbane will allow freight and container trucks to move across the state borders more efficiently

2.Digital Truck aggregator platforms are reshaping the trucking industry in Australia by increasing operational efficiency, reducing costs & increasing profitability.

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Technology options such as Efficient Freight Matching, better profitability, smarter operations & greater service quality serve as a major benefit for Australia’s Logistics Market. A major benefit of Digital Truck Aggregator Platforms is that they have a large Shipper and Trucker Base and offer services such as Freight Listing, Freight Brokerage and Online Transactions to earn revenue. Furthermore, digital Truck aggregator platforms are reshaping the trucking industry in Australia by increasing operational efficiency, reducing costs & increasing profitability.

Major Players Mentioned in the Report:

Australia Logistics Market

  • Lindsay
  • Wiseway
  • K&S Corporation
  • Yusen Logistics

Australia Freight Market

  • Agility
  • DHL Express
  • Nile Logistics
  • GAC
  • DSV

Australia warehousing Market

  • Core Realty
  • Mc Geez
  • Cerno
  • Comercial SA
  • Bayly

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 Period: 2017-2021
  • Base Year: 2021
  • Forecast Period: 2022-2026

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

Australia Logistics Market  to Outlook 2026

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USA Logistics Industry Outlook to 2026: “Driven by Government support, E-commerce demand and infrastructure investment in the country

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Germany E-Commerce Logistics Market Outlook to 2026F- Driven by Rising Online Population, Technological Advancements and Demand for Sustainable Deliveries

Australia Car Finance Market Analysis, Revenue, Outlook to 2028F- Ken Research

 What Is The Size Of Australia Auto Finance Industry?

Australia Auto Finance Market is growing at a CAGR of ~% in 2017-2022 and is expected to reach ~USD Bn by 2028F.

The Auto Finance Market is largely driven by with changing consumer preferences and preferred car models offered by companies, consumers are shifting towards car financing models to maintain their financial stability and own a car that can be easily financed over longer- and shorter-term EMI.

Influx of investments in autonomous Autos, as well as prompt financing from dealers, banks, and credit unions, has contributed to the automotive financing market's growth.

Low and competitive interest rates offered by financial institutions incentivize consumers to opt for auto financing.

Affordable interest rates make vehicle ownership more accessible and attractive to a broader customer base, which as led to growth in the market.

Australia Car Finance Market

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Internet penetration has played the most crucial role in elevating the overall demand for used cars across Europe, which has ultimately elevated the demand for used car financing as well.

Strong delivery network accompanied by authorized distributors to reach out to customers through both online and offline modes led to an increase in the overall sales of new and used cars in Australia. Technological advancement, need of owning a personal Auto and the need to upgrade to newer models are major growth drivers for Australia's Car Finance Market

Australia Auto Finance Market By New And Used Car

The Australia Auto Finance market is segmented By New and Used Vehicles.

The Auto Finance Market in Australia is segmented into New and Used Auto finance with New Auto finance holding a majority share of the total Credit Disbursed in the market in 2022.

The major drivers behind the growth include the rising sales of new and used vehicles as well as the rising prices of retail models in the market.

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Australia Auto Finance Market By Type Of Auto

The Australia Auto Finance Market is segmented By Type of Auto into Passenger Cars and Commercial Auto.

The Passenger segment dominate the market in 2022. With changing passenger Auto landscape in Australia.

In August 2022 Bank Australia shall stop giving the loans for IC engine model cars from 2025. The banks in Australia will only finance the hybrid and electric Autos in order to take the country towards green economy.

Considering these factors and developments, demand for passenger sales financing is expected to witness high growth rate during the forecast period.

Australia Auto Finance Market By Lender Category

The Australia Auto Finance market is segmented By Lender Category into Universal and Commercial Banks, Captives and BHPH, NBFCs.

Universal and Commercial Banks have a strong presence in the financial sector, offering a wide range of financial services, including auto financing making it the dominant segment in 2022.

They possess substantial resources, established customer bases, and extensive branch networks, enabling them to provide competitive interest rates, flexible loan terms, and comprehensive customer support.

Their credibility, regulatory compliance, and ability to leverage existing customer relationships give them an advantage in capturing a significant market share.

Australia Auto Finance Market By Loan Tenure

The Australia Auto Finance market is segmented By Loan Tenure into 12-24 Months, 25-48 Months and 49-60 Months.

loan tenure is likely to be the 49-60 Months segment in 2022. This is because it offers a balanced combination of affordability and flexibility for borrowers.

The longer tenure allows for lower monthly payments, making it more manageable for customers. Additionally, it provides a reasonable timeframe for borrowers to pay off their auto loans without significantly stretching their budgets.

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Competition Scenario In Australia Auto Finance Market

The Australia car finance market is highly competitive, with various financial institutions vying for market share.

Universal and commercial banks, captives, and non-banking financial companies (NBFCs) are key players offering diverse financing options. Interest rates, loan terms, and customer service are critical factors differentiating competitors.

The market is evolving with the advent of digital technologies, enabling streamlined online processes and enhanced customer experiences. With increasing consumer demand for flexible and affordable car financing, lenders are adapting their strategies to offer competitive rates, personalized solutions, an convenient digital platforms to stay ahead in the competitive landscape.

What Is The Expected Future Outlook For The Overall Australia Auto Finance Market Across The Australia?

The Australia Auto Finance 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 Australia Auto Finance market is driven by economic conditions, technology advancements, consumer preferences, regulations, digital transformation, and environmental considerations.

Major players account for a considerable percentage of online sales in the region and actively participate in providing easy loans and reducing customer hassle to gain more market share in future. Car finance loans are continuing to rise in Australia post covid. Moreover, this has triggered the demand for financing a car based on down payments and paying rest amounts in the form of monthly EMI.

The expanding practices of upgrading to newer automotive models, will improves Auto sales and consumer demand for a shorter Auto cycle, presents opportunities for car financiers. Car dealership buyback schemes and OEM warranty plans that need refinancing will almost certainly provide new opportunities in the automotive financing business.

The digital revolution is reshaping the auto finance landscape. Advancements in technology, such as online loan applications, digital documentation processes, and automated underwriting, are streamlining the financing process and enhancing customer experience. Embracing digital transformation and leveraging data analytics can provide a competitive edge to auto finance companies.

Increasing environmental consciousness and sustainability concerns are influencing the auto industry. The demand for eco-friendly vehicles and initiatives promoting green practices can drive the development of specialized financing options for environmentally-friendly vehicles, creating new opportunities within the auto finance market.

Furthermore, the automotive industry is undergoing rapid technological advancements, including electric vehicles, autonomous driving, and connected car technologies. These innovations are reshaping the market and creating new opportunities for auto finance providers. The increasing popularity of electric vehicles, for example, may lead to specialized financing options to cater to the unique needs of this segment.

For More Insights On Market Intelligence, Refer To The Link Below: –

Australia Car Finance Market Outlook to 2028F

Related Reports By Ken Research:-

Philippines Auto Finance Market Outlook to 2027

Thailand Auto Finance Market Outlook to 2026F

UAE Auto Finance Market Outlook to 2026F

Will Automation Revolutionize The KSA Warehousing Market And Ignite Unprecedented Growth? : Ken Research

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Automation. As the demand for Food and Beverage (F&B) and Pharmaceuticals continues to soar, the need for efficient cold storage services has propelled the warehousing sector into an emerging phase. However, challenges such as labor availability and inadequate infrastructure have limited its growth potential. That's where automation steps in. By streamlining operations, optimizing resource allocation, and maximizing efficiency, automation solutions hold the key to unlocking sustained growth and success in this industry. Want to discover how automation can revolutionize the Saudi Arabia Warehousing industry? Read the complete story to uncover the transformative power of automation. Take action now and pave the way for a prosperous future.

1. Saudi Arabia is emerging as a logistics hub due to its proximity to 3 major regions having a competitive cost advantage due to its favorable geographical location

KSA Warehousing Market

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2. Presently the Saudi Arabia Warehousing industry is in an emerging phase owing to the High demand for F&B and Pharmaceuticals increasing demand for cold storage services

KSA Warehousing Market

3. Increasing Automation, Rising Cold Storage Demand, and Increasing Multi-storey Warehouses are some of the recent trends and development in the Industry

KSA Warehousing Market

4. Besides it, lack of Labor availability and inadequate infrastructure in the country are some of the challenges of the warehousing market that limits the growth of the sector

KSA Warehousing Market

5. But increased Automation due to rising Investment in Newer Technologies is driving the demand for Modern Warehouses in Saudi Arabia and will shape the future of the industry

KSA Warehousing

Some of the Intelligence Curated by Ken Research in Warehousing Market Space:

  1. UAE Logistics Market Outlook to 2026 Driven by rapidly growing E-Commerce industry, various infrastructure development initiatives, & its strategic location.
  2. Global Industrial Packaging Market Outlook to 2027 Segmented by product type (Drums, IBCs, Sacks, Crates, Pails, Corrugated boxes, Others), kind of material (Plastic, Wood, Metal, Paperboard, Others), End User (Food & beverage, Automotive, Pharmaceutical, Chemical, Oil & Lubricant, Building & Construction, Others) and by region (North America, Europe, Asia Pacific, Middle East & Africa, South America)
  3. KSA Warehousing Market Outlook to 2027 Driven by increasing government efforts in line with Saudi Vision 2030 and rising demand for automated and mechanized warehouses
  4. Indonesia Logistics Market Outlook to 2027 driven by high growth in E-Commerce, government policies attracting foreign investors & promising manufacturing sector.
  5. KSA Logistics Market Outlook to 2026 driven by infrastructural enhancement, administration & regulatory reforms, privatization of logistics sector

To Know more about this Whitepaper, Visit this link:-

KSA Warehousing Market

India Education Industry Size, Growth, Trends- Ken Research

 What Is The Size Of India Education Industry?

India Education Industry is growing at a CAGR of ~% in 2017-2022 and is expected to reach ~USD Mn by 2027F.

The Education Industry is largely driven by rising population, government initiatives, increasing literacy rates, growing middle-class population and technological advancements.

India has a large and young population, with a significant portion in the age group that requires education. According to the Ministry of Statistics, the population of India has reached 1.39 million by 2022, providing a vast market for education services.

With the rising population, the middle-class population in India is also expanding, driven by economic growth and rising disposable incomes. According to the World Economic Forum, India's middle class is expected to reach 547 million people by 2025. This demographic segment values education and is willing to invest in quality education for their children, driving the growth of the education industry.

India Education Industry

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Furthermore, the government of India has launched several initiatives to promote education, including the Sarva Shiksha Abhiyan (SSA) and the Rashtriya Madhyamik Shiksha Abhiyan (RMSA). Additionally, the National Education Policy 2020 aims to revamp the education system, promote quality education, and enhance access to education across the country.

The proliferation of technology and digital tools has revolutionized the education industry in India. E-learning platforms, online courses, and virtual classrooms have gained popularity, especially during the COVID-19 pandemic.

India Education Industry By Preschool Market

The preschool market in India is a growing and competitive segment within the education industry.

With increasing awareness about the importance of early childhood education, parents are actively seeking quality preschools for their children.

The market is characterized by a mix of organized chains, standalone preschools, and franchise models. Established preschool brands compete on factors such as curriculum, teaching methodologies, infrastructure, teacher-student ratio, safety measures, and extracurricular activities.

Additionally, factors like brand reputation, word-of-mouth referrals, and proximity to residential areas also impact the competition.

The market is witnessing innovation with the integration of technology in early childhood education, offering interactive learning experiences.

Overall, the preschool market in India is competitive, and players strive to provide a nurturing and stimulating learning environment for young children.

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India Education Industry By K12 Schools

The K-12 schools’ market in India is a significant and rapidly growing sector within the education industry. With a large population and increasing emphasis on education, the demand for quality K-12 schools is on the rise. The market is highly competitive and diverse, consisting of a mix of government schools, private schools, international schools, and specialized schools.

Competition in the K-12 schools’ market is driven by various factors such as academic performance, infrastructure, faculty quality, extracurricular activities, sports facilities, and co-curricular programs.

Parents and students have become more discerning in their school choices, considering factors such as accreditation, affiliations, board of education, alumni network, and overall reputation. Schools that excel in academic results, cultural activities, sports achievements, and placements in higher education institutions often gain a competitive advantage.

Moreover, affordability, fee structures, scholarships, and financial aid programs also influence the competition within the market.

India Education Industry By Ies

The non-formal IES (Informal Education System) market in India refers to the sector that provides education and skill development outside the formal schooling system. It encompasses a wide range of non-formal education and training programs that cater to diverse needs and target groups.

This market is characterized by a variety of players, including vocational training institutes, coaching centers, skill development organizations, distance learning providers, online platforms, and community-based learning initiatives.

Competition within the non-formal IES market is influenced by factors such as program quality, course content, faculty expertise, delivery modes, affordability, and industry relevance. Providers strive to offer programs that meet the demands of learners seeking alternative education options, career advancement, skill enhancement, and personal development.

Additionally, the growing popularity of online learning platforms has brought a new dimension to the non-formal IES market. E-learning platforms offer flexibility, convenience, and access to a wide range of courses, thereby intensifying competition in the digital education space.

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India Education Industry By Corporate Training

The corporate training market in India is a growing and dynamic sector that caters to the learning and development needs of organizations and their employees. With the rapid pace of technological advancements, changing business landscapes, and the need to upskill and reskill the workforce, corporate training has become essential for organizations to stay competitive.

Competition within the corporate training market is driven by factors such as training program quality, content relevance, trainer expertise, delivery modes, customization options, and cost-effectiveness. Training providers strive to offer comprehensive and tailored solutions that address specific industry requirements and skill gaps.

There is a wide range of players in the market, including specialized training companies, consulting firms, universities and educational institutions, online learning platforms, and in-house training departments of large organizations.

Government initiatives, such as the Skill India campaign and the National Skill Development Corporation (NSDC), have further fueled the competition by encouraging skill development and promoting training programs across various sectors.

Competition Scenario In India Education Industry

The competition scenario in the India education industry is characterized by a diverse and dynamic market. There is intense competition among education institutions, online platforms, vocational training providers, and edtech startups.

Several factors contribute to the competitive landscape, including the quality of education, curriculum offerings, infrastructure, affordability, and reputation. Institutions strive to attract students by providing innovative teaching methodologies, industry collaborations, research opportunities, and strong alumni networks.

With the rise of online education platforms, there is increased competition in the digital learning space, offering convenient and accessible educational resources. Additionally, government policies and regulations play a role in shaping the competitive environment.

Overall, the market is witnessing a constant evolution with players striving to differentiate themselves and meet the evolving needs of students in the digital age.

What Is The Expected Future Outlook For The Overall India Education Industry?

The India Education Industry was valued at USD ~Million in 2022 and is anticipated to reach USD ~Million 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 India Education Industry is driven by rising population, government initiatives, increasing literacy rates, growing middle-class population and technological advancements.

India has one of the youngest populations globally, with approximately 600 million people under 25 years of age as of 2023. This demographic accounts for nearly half of India's total population, creating a vast demand for education services in the future.

The literacy rate in India has seen a steady rise over the years, reaching around 77.7% in 2021. The government's emphasis on achieving higher literacy rates is a major driver of growth for the education industry.

The government of India allocated around 4.6% of its total GDP towards education in the fiscal year 2023-24. This increased government spending on education opens up opportunities for the growth of the education sector.

With over 750 million internet users and 560 million smartphone users as of 2023, the shift towards online education is significant. The rise in edtech companies will revolutionize the traditional education system and broadening the reach of education services.

The average annual household income in India is projected to get doubled by 2023. With increasing disposable income, families are likely to invest more in quality education, thereby fueling the growth of the education industry.

India's rapidly growing industries such as IT, manufacturing, and services require a skilled workforce. The need for vocational and skill-based training is expanding, contributing to the education industry's growth. For instance, the IT industry in India, which employs over 4.5 million people as of 2023, requires constant upskilling and reskilling. This requirement can become a major growth driver for the market in future.

Indian students constitute a significant proportion of international students globally. In 2022, over 350,000 Indian students studied abroad. This trend indicates a high demand for quality education and competitive programs, driving institutions in India to improve their offerings. These factors are likely to contribute to the growth of the education market in India.

For More Insights On Market Intelligence, Refer To The Link Below: –

India Education Industry Demand and Opportunities

Related Reports By Ken Research:-

India Executive Education Market Outlook to FY’2027

Global E-learning Market Outlook to 2027

Lubricating the Future: Collaborative Standards and Advocacy in the UK Lubricants Industry: Ken Research

 Story Outline

  • The Role of UKLA and UKPIA
  • ACEA, SAE, and API: Trustworthy Quality Standards Empowering End-Users of Lubricants.
  • According to Ken Research, The UK lubricant market has experienced remarkable growth and progress in recent years, driven by effective collaboration between regulatory bodies and trade associations such as UKLA and UKPIA. These partnerships enable the industry to advocate for its interests and represent the UK on both domestic and international platforms. Furthermore, the establishment of trustworthy quality standards by organizations like ACEA, SAE, and API empowers end-users by providing clear indicators of lubricant performance. These standards ensure that consumers can make informed choices and enhance the overall reliability and efficiency of the UK lubricants industry.

The UK lubricant market has witnessed significant growth and advancements in recent years. Two key aspects that contribute to the industry's success: collaboration between regulatory bodies and trade associations, and the establishment of trustworthy quality standards. These factors play a vital role in ensuring the progress and reliability of the UK lubricants industry.

1. UKLA and UKPIA: Collaborating with Regulatory Bodies for the Advancement of the UK Lubricants Industry.

UK Lubricant Market Latest Trends

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  • UKLA serves as the advocate for the lubricants industry in the UK, effectively representing the interests of member companies on both domestic and international platforms. Collaborating with trade associations like UEIL, ORA, and UKPIA, UKLA acts as the UK delegation of UEIL.
  • United Kingdom Industry Association: A Collective Platform for Companies Engaged in Refining, Renewable Fuel Production, Terminal Operations, and Filling Stations. Forging Strong Partnerships with BEIS, Department of Transport, DEFRA, and Various Stakeholder Bodies.

2. ACEA, SAE, and API: Trustworthy Quality Standards Empowering End-Users of Lubricants.

Major Players in UK Lubricant Market

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The UK lubricant market has thrived due to collaborative efforts between trade associations, regulatory bodies, and the establishment of trustworthy quality standards. The partnership between UKLA, UKPIA, and regulatory bodies fosters industry growth, innovation, and environmental considerations. Additionally, the ACEA, SAE, and API oil standards empower end-users by providing quality indicators and ensuring optimal lubricant performance. These advancements collectively contribute to the success and reliability of the UK lubricants industry.