Thursday, July 27, 2023

3 trends driving the Global Labeling Machine Market- Revenues to exceed USD 4 Mn by 2027

 Global labeling machine market is at a growing stage. It is a fragmented market with the presence of many labeling companies. The labeling machine market has seen emergence of abundant players in the past 5 years and the industry will further boost owing to the needs and wants of consumers for a more personalized platform. Few major global labeling machine players are Sacmi Imola S.C., Accutek Packaging Equipment Companies, Inc, Krones AG., SIDEL, Barry-Wehmiller Group, Inc etc.

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  1. Growing Adoption of Automatic Labeling Machine.

Use Case of Label Printing Machine Market

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Labeling done manually is time-consuming, and it is not a professional way of packing the product, especially during bulk production. Using a labeling machine to package products is time-saving and more professional. Labeling machines are commonly used in pharmaceutical industries, durable consumer industries, FMCG, and many other packaging industries. Fully automatic with advanced labeling features, these machines make the packaging job easy, clean, and hygienic. The work is done within a predetermined time frame and with high precision. Versatility, precision, and speed are key parameters for modern labeling machines, for example, with respect to the print module employed. Innovative rotary discs, electronic digital displays, readily changeable format sets, and smooth functioning of the machine are essential elements of the system.

  1. Increasing Demand for Automation in Food and Beverage Labelling will induce growth in labelling machine market.

Predictive Analytics Process in Food Labeling Market

Automation in the food packaging process involves using robotics for food material handling. Most food packaging facilities use complex machines throughout the assembly line of food packaging. Automation has been a part of food and beverage manufacturing for some time. However, the impact of COVID-19 on labor and operations has led several top industry players to accelerate efforts to implement the technology. Tyson Foods unveiled a new productivity program that aims to create USD 1 billion in savings using digital technology like AI and predictive analytics in operations, supply chain, planning, logistics, and warehousing, as well as the implementation of automation and robotics.

  1. Labeling Machines Market Segmented By Technology Globally, 2022

Over the forecast period, pressure-sensitive labelers are anticipated to be the most used label technology. They have widespread applications in the food and beverage industry. Their applications are not limited to food and beverage but are also being used in the pharmaceutical industry, consumer durables, personal care, and other industries like construction. Owing to the versatility of PSLs, the demand for such labelers is increasing. This has propelled the players in the industry to expand their capacities, which enables them to cater to the rising market demand. The growing demand for pressure-sensitive labels has resulted in increased vendor activity leading to increased investment in the segment

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

  • Labelling Machine Manufacturers
  • Labelling Machine Investors
  • Labelling Machine Providers
  • Labelling Machine Suppliers
  • Labelling Machine Components Suppliers
  • Allied Industries of Labelling Machines
  • Government Ministries and Departments of Engineering Industry
  • Labelling Machine Research and Development Companies
  • Potential Entrants into Labelling Machine Industry

Time Period Captured in the Report

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

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

Global Labelling Machine Market Outlook to 2027

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Indonesia Plastic Pipes Market Outlook to 2027

Australia Plastic Pipe Market Outlook to 2027F

Wednesday, July 26, 2023

Increasing internet penetration along with launch of 5G and electricity generation will Nigeria data center market: Ken Research

 1. Data center industry in Nigeria is dominated by Africa Data Centers and Open Access Data Centre, and is expected to grow with a robust CAGR from 2022 to 2027F.

Nigeria Data Center Constructors

Nigeria Private Equity and Venture Capitalist

The growing demand for smart devices, the increasing demand for analytics, cloud adoption, and wireless networking technologies will increase the investment in big data and IoT technology. Solar Naija project, National Broadband Plan and national Digital Economy Policy and strategy (2020-2030) will significantly boost data centre market in Nigeria.

2. Co-Location captures nearly more than half of the market share in 2022 as it provides redundant power supply, better security and scalability at lower price to host businesses.

Nigeria Cloud providers  

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The co-location accounted for the highest market share of over ~70%. Colocation services are a major revenue contributor in the data centre market in Nigeria. More and more businesses are opting for colocation because of the convenience, security of their IT infrastructure and less power cuts. They provide redundant power supply, better security, and scalability at a lower price.

3. Retail co-location service has more preference in Nigeria data center market as there aren’t many big players who are willing to buy more than 10-15 racks.

Ecosystem of Nigeria Data Center Market

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Retail by type of co-location accounted for the highest market share. This is due to dominance of small and medium businesses in Nigeria looking forth to retail colocation spaces. Big players either go for hyperscale or decide to have their captive data centre spaces. There is a limited presence of wholesale colocation because only few big players are willing to buy more than 10-15 racks.

For More Information on the research report, refer to below link: –

Nigeria Data Centre Market Outlook to 2027

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Indonesia Data Center and Cloud Services Market Outlook to 2024

Malaysia Data Center Market Outlook to 2022 

3 technology trends that will drive the Global E-learning markets to reach $ 400 Bn by 2027 says a report by Ken Research

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Global E-learning Market Ecosystem

Global E-learning Market is at a growing stage. It is a fragmented market with the presence of many e-learning companies. The e-learning market has seen emergence of abundant players in the past 5 years and the industry will further boost owing to the needs and wants of consumers for a more personalized learning platform. Few major global e-learning players are Aptara, Inc, Adobe Systems Inc, Cornerstone, Citrix Education, Meridian Knowledge Solutions, Microsoft Corporation etc.

Global E-learning Market Outlook

E-learning Global Service Provider Market

1.Mobile Learning Technologies are Growing at a Fast Pace

The mobile learning technology has witnessed faster adoption in the eLearning market with the increased use of smartphones. Many application-based knowledge platforms are being developed which allow smartphone users to gain insights into any topic in real-time. Some educational institutes and universities develop their own mobile-based applications that allow the students to log in to the student portal and get access to the missed lectures. A few prominent mobile applications currently in use in the corporate sectors are Udemy, Skill Pill, Design Jot, and Boost HQ. Furthermore, the developers in the market also offer a game-based application platform that is used for teaching children with the help of interactive animated videos and pictures. These technologies enable schools to enhance the logical & reasoning skills and IQ of their students.

Global E-learning Market

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2.Increasing Use of VR and AR Applications to Create Lucrative Opportunities for the Global E-learning Market

Virtual reality technology facilitates deep learning by decreasing danger and immersing learners in a new setting. Because they provide practical answers, AR and VR technologies are increasingly being employed in the classroom. Virtual reality is being used to carry out complex procedures and handle high-risk situations. They cater to individual needs and assist students in developing a fully immersive learning experience. Immersive VR Education is a software company founded in 2014. They are best known for their ENGAGE platform that was specifically built for training and education based on virtual reality. Alchemy VR is another such platform which is one of the leaders in modern technological innovations in the realm of education.

Global E-learning Market

3.Insight by Deployment Model in the e-learning space: Based on the deployment model, the cloud segment is leading the industry globally and is expected to register the fastest CAGR over the foreseen period. Cloud-based solutions are gaining remarkable traction in schools and universities due to their cost-effective and flexible training approaches for students. The cloud computing-based e-learning technology further enables educational institutions to build a virtual environment for learners and educators. Thus, cloud technology is majorly implemented in the education sector, which is expected to contribute towards high segmental growth. The public cloud deployment model works well with companies with little privacy concerns. Amazon Elastic Compute Cloud (Amazon EC2), AWS (Amazon Web Services), Microsoft Azure, IBM Cloud, Google Cloud, Salesforce Heroku are a few examples of public cloud deployments.

Global E-learning Market

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Market Taxonomy

By Provider

  • Content Provider
  • Service Provider

By Deployment Model

  • On-premise
  • Cloud

By Course

  • Primary and Secondary Education
  • Higher Education
  • Online Certification and Professional Course
  • Test Preparation

By End User

  • Academic
  • Corporate
  • Government

By Region

  • North America
  • Europe
  • Asia-Pacific
  • LAMEA

Key Target Audience 

  • E-Learning Companies
  • LMS Platforms
  • Language Learning Platforms
  • Institutes/Colleges
  • Schools
  • Investors
  • Industry Associations
  • Consulting Agencies
  • Government Bodies & Regulating Authorities

Time Period Captured in the Report

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

Major Players Mentioned in the Report

  • Adobe
  • Aptara Inc.
  • Articulate Global, LLC
  • CERTPOINT
  • Cisco Systems, Inc.
  • Citrix Systems, Inc.
  • D2L Corporation
  • Microsoft Corporation
  • Oracle Corporation
  • SAP SE

For More Insights On Market Intelligence, Refer to the Link Below: –

Global E-learning Market

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Egypt E-Learning Market Outlook to 2026- Driven by easy and on-demand access to content, self-paced learning opportunities and interactive & modular means of learning

Turkey E-Learning Technology and Content Market Outlook to 2023 - Growing Demand for M-Learning and Higher Use of Videos and Animation to Foster Market Growth

UAE Experiential Learning Market Outlook to 2025- Concentrated Activity Box and E-Learning Segment Paving Ways for International Players to Expand

UAE’s Freight Forwarding Market To Grow At The Rate Of 7.20% In The Upcoming Period Between 2021 To 2026 Owing To Government Policies Such As Growth OD E-Commerce Industry Alongside Technological Innovations Such As Efficient Freight Matching: Ken Research

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

1. Various Factors to be the backbone of Market development in UAE’s Freight Forwarding Market

UAE Logistics Market

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The government is also upgrading airports, ports, and transportation networks.  Factors such as development of sea ports alongside introduction of innovative technologies such as Blockchain is expected to drive the future market growth of UAE Logistics Market.  Nearly a half of GCC countries cargo inbound flows are channeling through UAE as of 2022. Therefore, expansion of handling capacity of ports such as Khalifa Port, will serve as a catalyst for the freight forwarding market in UAE.

2. “Technology to the Rescue:” Efficient Freight Matching, Better Profitability, Smarter Operations and Greater Service Quality are some of the benefits of Digital Freight Aggregator Platforms.

UAE Logistics Market

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Technology options such as Efficient Freight Matching, better profitability, smarter operations & greater service quality serve as a major benefit for UAE’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 UAE by increasing operational efficiency, reducing costs & increasing profitability.

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

UAE Logistics Market Report

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USA Logistics Industry Outlook to 2026

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Unveiling the Global Rise of Luxury Watches and Evolving Consumer Trends- Ken Research

 Storyline

  • Global luxury watches sales soar, driven by factors like brand awareness and the desire for exclusivity, propelling the growth of the market.
  • Switzerland remains a leader in watch production, with Asia emerging as a key market. Market players expand in developing economies to tap into their potential.
  • Consumers prioritize quality and branding over price, and technological advancements maintain the demand for luxury watches.
  • An emerging trend sees collectors purchasing stylish non-functional timepieces, emphasizing style over substance. The luxury watch market continues to evolve, driven by the Swiss watch industry and changing consumer preferences.

Introduction:

The preference for luxury watches among consumers across the globe has witnessed an up growth owing to the influence of the Swiss watch industry. Although the luxury Market for Watches is quite mature or settled, the predicted growth of any brand across the global market can witness a sudden change at any given moment as a result of a shift in consumer purchase behaviour and patterns.

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1. High End watches sale around the world

As per Retail Dive, USD 5 Mn alone was spent on Rolex watches at Heathrow Airport in August 2017, and the sales in the luxury watches and jewellery category was up a staggering 74%. Additionally, the sales of luxury watches in the United Kingdom rose by 53.5% in October 2017.

Additionally, the increase in brand awareness, the influence of Western trends, and the inherent desire for exclusivity are some of the factors that have been contributing to the increased demand for luxury watches over the review period. These factors are projected to influence the demand for luxury watches over the forecast period, thereby propelling the growth of the Global Watch Market.

2. Switzerland continues to reign as a world leader in the production of watches

Global Watch Market

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Backed by the strength of its luxury watch business, Switzerland continues to reign as a world leader in the production of watches. Countries in Asia, especially Japan and Singapore, have established themselves as key markets for Swiss watches due to the high consumer spending levels in these regions

 The players operating in the market have been focusing on expanding their presence to developing economies to tap the potential of the market. For instance, Garmin Company has expanded its presence in

India by launching its premium luxury watch collection called the Marq. The company’s line of products offers preloaded features such as built-in storage for music, Garmin Pay integration, smart notifications, and daily activity tracking. The new products also feature wrist-based heart rate and Pulse Ox2 sensors

3. Key factors considered by consumers while making purchase

The key factors considered by consumers while making purchase decisions include the quality and branding rather than the price of the products, as these purchases tend to be status-driven. In the luxury watch industry, improvements in technology and quality without a compromise on durability and comfort have helped maintain the demand for these products. A new trend observed among collectors is the purchase of stylish timepieces which do not work, owing to the prioritization of style over substance.

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According to Ken Research: The luxury watch market continues to thrive globally, with the influence of the Swiss watch industry and evolving consumer preferences shaping its growth. High-end sales, Switzerland's watch production dominance, and consumer considerations contribute to the dynamic landscape of the luxury watch industry.

Rise in Digital Collection Techniques and Improvement in UAE Legal System Related to Debt Collection Will Boost UAE Debt Collection Market: Ken Research

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1.Debt Collection Market in UAE expanded at a CAGR of 11.6% between 2017 and 2022

UAE Debt Collection Market

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The collection industry witnessed increasing growth rates right before and during the COVID-19 pandemic due to a sharp rise in NPL’s, use of technology like digital collection, speech analytics, predictive dialers etc. and rise in collection efforts by the agencies to sustain themselves in the market. The total number of cases settled by debt collection companies in UAE in 2022 stood at more than 200,000 growing at a CAGR of 11.6% from 2017. The Financing segment has the highest ticket size with non-finance being the lowest. There was a sudden increase in debt collected and cases settled in 2021 due to increased defaults in 2020 due to pandemic leading to more cases being outsourced and hence, companies improved upon their efforts to collect more debt over the next period.

2.Most of the Debt Collection Agencies and Law Firms have their presence in Abu Dhabi and Dubai.

UAE Debt Collection Market

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The majority of the collection agencies are based out of Abu Dhabi, Dubai and Ras Al-Khaimah accounting for more than 70% of the total market. This happens due to ease of legal structure in these emirates as compared to the others as they have their own local judicial systems and do not follow the federal judicial systems present in emirates like Sharjah, Ajman etc. Presence of free zones including DIFC in Dubai and ADGM in Abu Dhabi also acts as a incentive for companies to establish themselves in these regions due to benefits.

3.Pandemic-induced trend, a greater emphasis on NLP techniques and maintaining proper documentation are acting as key growth drivers.

UAE Debt Collection Market

Collection agencies are extensively using various speech analytics tools to record and analyse customer conversations. This enables to maintain security and gain insights into client expectations. The information gathered can further be used for training of employees adapting them to different situations while negotiating and hence, improving their performance which would act as a key growth driver for debt collection companies. In addition, companies are maintaining proper documentation and proof for all debt provided by them to corporates and individuals. This makes it much easier for Debt Collection agencies to recover the debt in case of a default both amicably and legally as well through payment order method. Collection companies which provide settlement plans to debtors have start taking post-dated cheques as a proof for future payment. Changing IT policies require companies to maintain complete confidentiality of client information due to threat of data breach. All this factors will provide more growth to collection industry. Moreover, Covid-19 made the public more aware about the existence of debt collection services which motivated them to fulfil their debt obligations. Pandemic also increased the number of default accounts bringing more business for collection agencies and inducing growth.

The Global Respiratory Devices Market is poised to become a USD 27 Bn Market by 2027. Will the projections justify growth? : Ken Research

 The market will be growing at the rate of 8.5% owing to increasing adoption of miniaturized respiratory devices & rising cases of respiratory illnesses, says a report by Ken Research

Global Respiratory Devices Market Ecosystem

The Global Respiratory devices market is highly fragmented in nature, with the presence of many international players as well as local players. Some of the major players in the industry include Philips Healthcare, ResMed, Drager & Medtronic.

Global Life Enhancing Medical Devices Industry

1. “Illnesses being a growth factor?:” With rising cases of respiratory problems, companies are now realizing the huge potential it holds for the respiratory devices market.

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Infectious respiratory diseases directly drive demand for respiratory care. COVID-19 is the most recent example of these diseases. The pandemic has resulted in a surge for demand for personal protective equipment & ventilators, among others. The demand for ventilators has also grown due to the prevalence of other diseases, resulting in government & industry support for these devices.

2. “Home healthcare devices market providing a boost:” With an increasing trend towards adoption of home healthcare devices, miniaturized respiratory devices have become a need rather than a want.

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The rapid growth in global geriatric population, rising incidents of chronic diseases (including COPD & asthma), alongside the cost advantage of home care devices & services are the key factors driving the global respiratory devices market. As per WHO, a total of 251 Mn cases of COPD were diagnosed globally. The high growth potential in emerging markets, healthcare decentralization & the evolution of miniaturized devices are some of the major factors that are expected to provide significant opportunities to players operating in the respiratory home healthcare market.

By Type of Product

  • Inhalers
  • Respiratory Consumables
  • Nebulizers
  • Oxygen Concentrators
  • Positive Airway Pressure Devices
  • Spirometer

By End-User

  • Hospitals
  • Clinics
  • Others

By Geography

  • Asia Pacific
  • Middle East
  • North America
  • Australia
  • South America
  • Europe

Time Period Captured in the Report:

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

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

Global Respiratory Devices Market Outlook to 2027

Related Reports By Ken Research: –

US Medical Devices Market Outlook to 2027

India POCT Market Outlook to 2027F

The global smart home security systems market is expected to reach USD 55 Bn by 2027. Will Global Smart Home security system market stand on this expected figure?

 The smart home security market is highly fragmented due to low entry barriers. The major players in the market are ADT Inc., Honeywell International Inc., Johnson Controls International PLC, Hangzhou Hikvision Digital Technology Co. Ltd, and Abode Systems Inc., among others. Further strategic partnerships and innovations are the driving force for the industry, and the market is evolving faster in terms of technology and features.

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IMPACT OF COVID-19 ON THE MARKET

With the shift to working from home, people spent more time at home. Therefore, fewer cases of home burglaries were recorded. However, as these fewer cases of robbery and assaults are witnessed due to social distancing, spending more time at home has also led to increased mental health emergency calls.

The outbreak of COVID-19 has led to an additional motivation and incentive for voice control in the home, which has, in turn, driven awareness and adoption of a range of additional smart home devices and applications. Therefore, a shift in spending toward technology-enabled services for home consumption has increased. Since integrated voice control function in smart devices is particularly important, as it enables people to refrain from touching common surfaces, such as door handles, light switches, and thermostats, smart doorbells and video cameras are also ensuring its users receive deliveries without face-to-face exposure with people outside of the home. Such a change of habit and emphasis on online shopping could support increased smart home adoption long after the coronavirus pandemic is over.

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Increasing Competition Globally

Essence Group, a global security solutions provider, announced a partnership with the Portuguese smart access supplier Chaviarte. As an expansion strategy for Essence into the Portuguese market for its WeR@Home security and home management platform, Chaviarte's existing security hardware is expected to be integrated into the latter's core business door lock and entry systems.

Vivint collaborated with Chamberlain Group to offer better control and monitoring of smart homes and garages via a single app. myQ by Chamberlain Group (CGI) offers garage door opener brands. This is expected to help Vivint secure all vital access points to a typical smart home.

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

  • IT Companies
  • Tech Giants
  • Government Bodies
  • Home Décor Brands
  • Retail Chains
  • Smart Device Wholesalers
  • Investors

Time Period Captured in the Report:

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

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

Global Smart Home Security Market Outlook to 2027

Related Reports:

China Cyber Security Market Outlook to 2027F

South Korea Digital Locks Market Outlook to 2027

Tuesday, July 25, 2023

How has Covid-19 changed the growth story of the Qatar Digital Fitness Services Market? : Ken Research

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The fitness market in Qatar has witnessed strong growth with a considerable expansion in the number of boutique and budget fitness centers directly contributing to the economy. The rise in Personal Disposable Income, High Rates of Obesity, Rising Awareness about Health & Fitness, Increased Investment in Ladies Fitness Centres, Government Initiatives, and to overcome health issues such as diabetes and cancer have been the major key factors that drive the demand for fitness services centers in Qatar.
However, the global pandemic impacted the growth of the industry. But soon the market picked up pace as people started shifting to online mode to work out. This shift gave rise to the digital fitness service industry in Qatar. Here is a key insight into how COVID-19 carved the way for the digital fitness service market to thrive in Qatar.

1. Qatar Fitness Services Market is a largely under-penetrated market with less than 3.0% of the population actively participating in a Fitness Centers

fitness market in Qatar

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2. But Initiatives such as National Sports Day and Annual sponsored fitness events like Ooredoo Marathon are taken up by the Government to Raise Awareness About Healthy Lifestyle and Physical Activity

fitness market in Qatar

3. Presently, majority of the Population in Qatar, irrespective of age group participate actively in Regular Physical Activities such as Walking, Cycling & Gymming in Public Parks, Fitness Centers or at Home

fitness market in Qatar

4. However, gyms, studios, and fitness centers had to be shut as they became an “immediate suspect” for COVID-19 infection which impacted the Qatar Fitness service market

fitness market in Qatar

5. But, Fitness club owners grappling with declining memberships quickly caught on by offering on-demand and livestream group workouts through their own websites or with the help of social media

fitness market in Qatar

6. Brick and Mortar fitness centres are facing competition from online weight loss programs owing to growing prominence of social marketing and platforms that have started online fitness tutorials

fitness market in Qatar

7. As a result, the Qatar Digital Fitness Market has witnessed a tremendous growth of ~51% CAGR over the past few years

fitness market in Qatar

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

  • France Fitness Services Market Outlook to 2027F driven by increase in health & fitness consciousness & the rise of boutique fitness
  • Belgium Fitness Services Market Outlook to 2027F By Type of Market (Organized Market, Unorganized Market), By Source of Revenue (Membership Fee, Personal Training), By Payment Method (Card, Cash, Bank Transfer, Digital wallet, Others), By Subscription Period (1 Month, 3 Month, 6 Month, 12 Month)
  • Germany Fitness Services Market Outlook to 2027F driven by increase in health & fitness consciousness & innovation in fitness industry
  • Bahrain Fitness Services Market Outlook to 2027F By Type of Market (Organized Market, Unorganized Market), By Source of Revenue (Membership Fee, Personal Training), By Payment Method (Card, Cash, Bank Transfer, Digital wallet, Others), By Subscription Period (1 Month, 3 Month, 6 Month, 12 Month)
  • China Fitness Market Outlook to 2027F By Market Structure (Organized, Unorganized) By Revenue Stream (Membership, Personal Trainer, Supplementary Services) By Subscription (3 months, 6 months, 1 year, Others) By Gender (Male, Female)

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

 Qatar Digital Fitness Services Market

Netherlands EV Equipment Market generated over USD 500 Mn in 2022. Will Netherland support the EV Equipment Market growth trajectory? Ken Research

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Electric Vehicle Equipment Market in Netherlands is a moderately consolidated with highly competitive rivalry among the competitors. Netherlands EV Charging Equipment industry is catered by the domestic and international players. Allego and EV Box together contribute majority of the market share in 2022. CPO’s are battling against each other to offer multiple products, expand manufacturing units in multiple locations.

Netherlands EV Charging Equipment Market

1.Tesla and Volkswagen OEM has the highest number of car registrations of 97,255 followed by Audi with 17,911 passenger cars registered in 2022.

Netherlands EV Charging Equipment Market

  • Netherlands has become Tesla’s biggest market in Europe as Tesla model 3 and Tesla model S are among Europe’s best-selling electric vehicle models, both in terms of vehicles in operation and new car registrations. The major reason is higher tax benefit on BEV passenger cars and wide charging network of Tesla for Electric vehicle in Netherlands.
  • Volkswagen has shift its focus to electric cars only, from 2033 the company will only produce electric cars in Europe. Top sold Models for Electric cars are Volkswagen’s new ID.3 model and Volkswagen Golf in Netherlands.

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 2.EV Charging Equipment market is one of the fastest growing markets in the Netherlands with rising players owing to the government policy to make all new vehicles zero emission by 2030

Netherlands EV Charging Equipment Market

  • In 2010 the Netherlands was the first market in the world to launch mass-produced e-vehicles and Formula E-Team became operational.
  • The Formula E-Team continues in this umbrella deal with the aim of having 15,000 to 20,000 e-cars in operation by 2015, including a properly functioning infrastructure with sufficient national coverage.
  • Major challenges include high costs for installation & maintenance and less EV drivers in comparison to Electric vehicle infrastructure.

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Market Taxonomy

By Type of Electric Vehicles Vehicle

  • 4W
  • 2W

By Application

  • Public Charging Station
  • Home Chargers
  • Private Charging Station
  • Portable Chargers

By Types of Chargers

  • AC Charger- Slow Charger
  • DC Charger- Fast Charger

By Type of Charging station

  • Private Charging Stations
  • Public Charging stations
  • Semi-Public Charging Stations
  • Fast Charging station

By Application

  • 4W

By Geographic Demand

  • west
  • South
  • East
  • North

By distribution channels for 4W chargers

  • Tender
  • Distributors
  • Direct sales

Major Players Mentioned in the Report:

  • Vattenfall
  • Total Energies
  • Alfen
  • Allego
  • Fastned
  • New Motion
  • Tritium
  • EVIT

Key Target Audience

  • Electricity Supplier
  • EV Manufacturers
  • EV Charging Equipment Manufacturers
  • EV Charging System Operator
  • Demand side Transport Operators
  • Government Bodies

Time Period Captured in the Report:

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

For More Insights On Market Intelligence, Refer to the Link Below: –

Netherlands EV Charging Equipment Market Outlook to 2027

Related Reports by Ken Research: –

India EV Charging Equipment Market Outlook to FY2026

UAE Electric Vehicle Charging Equipment Market Outlook to 2026

UK EV Charging Equipment Market Outlook to 2027