Rising demand of personal vehicles with increasing population and future expansion strategies of market players to drive the Lubricants Market in Philippines: Ken Research

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Philippines Lubricants Market Ecosystem

The Philippines lubricants market is fragmented with too many lubricant manufacturers operating in the industry. Petron and Shell are the dominant players in Philippines lubricants market.

Key Findings

• Construction industry added major contribution (9.8%) to the overall GDP in Philippines in 2021. The average volume of production for the manufacturing sector in the Philippines was 81.5% in 2021 compared to 54.2% in 2020.
• In 2021, the total volume of motorcycles and scooters sold in the Philippines reached ~1.4 Mn units reflecting an increase of 19.1% sales in comparison to total sales volume of 1.21 Mn in 2020.
• Motor Vehicles sales in Philippines increased by 20.0% in 2021 with sales volume of 268,488 units in comparison to 223,793 units in 2020. Commercial vehicles registered higher sales volume with 183,228 units.

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Increasing Population and Rise in the Disposable Personal Income: Growing middle-class incomes, higher percentage of millennial population and the subsequent increasing demands of two-wheelers and four-wheelers is increasing the production and sales of new vehicles will fuel more to the lubricants demand in the Philippines in upcoming years.

Expansion Strategies of Market Players in future: Petron Corporation Philippines announced completion of the constructing power plant having capacity of 184 MW by 2022 end that will cater to the power requirements of its Bataan refinery. Filipinas Shell Corporation Philippines plans to open 60 to 80 mobility sites per year. Other market players are also planning to expand customer reach by investing actively in growing number of service stations providing products and maintain extensive dealership network.

Future of Philippines Lubricants Market: Philippines Lubricants Market is expected to grow at a double digit positive CAGR of 14.4% during 2021-2026F. Owing to the booming energy sector of the Philippines, the country is anticipated to witness an increase in crude oil imports to meet the growing demand various industries under both the Industrial and Automotive sectors over the long term. Dealers Network are expected to expand their business via online and in-shop channels to offer both local and branded lubricants in distinguished quantities demanded by the customers.

The report titled “Philippines Lubricants Market Outlook to 2026F– Driven by Growth in Crude Oil Import and Rising Sales of Commercial Vehicles in the Country” by Ken Research provides a comprehensive analysis of the potential of Lubricants in Philippines. The report also covers overview and genesis of the industry, market size in terms of revenue generated; market segmentation by type, by grade, by end use, by distribution; growth enablers and drivers, trends and developments challenges and bottlenecks; regulatory framework; end user analysis; competitive landscape including competition scenario, market shares of major players on the basis of revenue generated. The report concludes with future market projections of each product segmentation and analyst recommendations.

Key Segments Covered: -

Philippines Lubricants Market:

By Type, on the Basis of Sales Volume (Mn Lts): 

• Industrial Lubricant
• Automotive Lubricant

By Grade, on the Basis of Sales Volume (Mn Lts):

• Mineral
• Semi-Syntenic
• Synthetic

Philippines Industrial Lubricants Market:

By Type, on the Basis of Sales Volume (Mn Lts):  

• Hydraulic Fluid
• Grease
• Gear Oil
• Metalworking Fluid
• Others (Turbine Oil, Compressor Oil, etc.)

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By End Use, on the Basis of Sales Volume (Mn Lts): 

• Construction and Mining
• General Manufacturing
• Metal Production
• Power Generation
• Food Processing
• Others (Agriculture, Medical, etc.)

By Distribution Channel, on the Basis of Sales Volume (Mn Lts): 

• Dealer Network
• Direct Sales

Philippines Automotive Lubricants Market:

By Type, on the Basis of Sales Volume (Mn Lts): 

• Heavy-Duty Diesel Engine Oil
• Passenger Vehicle Motor Oil
• Transmission Fluids
• Hydraulic Oil
• Greases
• Gear Oils

By End Use, on the Basis of Sales Volume (Mn Lts): 

• Commercial Vehicles
• Passenger Cars
• Motor Cycles
• Marine
• Others (Aviation, Railways, etc.)

By Distribution Channel, on the Basis of Sales Volume (Mn Lts): 

• Dealer Network
• OEM Workshops/Service stations/Local Workshops
• Supermarkets/ Hypermarkets
• Online

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Key Target Audience

• Lubricants Manufacturers
• Lubricants Distributors
• Base-oil Companies
• Additive Companies
• Refining Companies
• Construction and Mining Industry
• General Manufacturing Industry
• Metal Production Industry
• Power Generation Industry
• Food Processing Industry
• Agriculture Industry
• Medical Industry
• Automotive OEMs
• Automotive Dealerships
• Government Agencies
• Consulting and Advisory Firms

Time Period Captured in the Report:

• Historical Period: 2016-2021
• Forecast Period: 2021-2026F

Companies Covered:

Lubricants Manufacturers

• Petron Corporation
• Pilipinas Shell Petroleum Corporation
• Caltex (Chevron Philppines)
• Phoenix Petroleum Philippines, Inc.
• SEAOIL Philippines Inc.
• Unioil Petroleum Philippines Inc.
• Liquigaz Philippines Corporation
• Castrol Philippines Inc.
• Total Energies Philippines

Key Topics Covered in the Report

• Philippines Lubricants Market Overview
• Ecosystem of Philippines Lubricants Market
• Business Cycle and Genesis of Philippines Lubricants Market
• Value Chain Analysis for Philippines Lubricants Market
• Growth Enablers in Philippines Lubricants Market
• Bottlenecks and Challenges in Philippines Lubricants Market
• Philippines Lubricants Market Regulations
• End User Analysis of Philippines Lubricants Market
• Vendor Evaluation and Selection Process in Philippines Lubricants Market
• Covid-19 Impact on Philippines Lubricants Market
• Competitive Landscape in Philippines Lubricants Market
• Product Portfolio of Major Players Philippines Automotive Lubricants Market
• Market Opportunity and Analyst Recommendations

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

Future Outlook of Lubricants Market in Philippines

Related Reports by Ken Research: -

Malaysia Automotive Lubricant Market Outlook To 2025

Brazil Lubricants Market Outlook To 2025

Vietnam Lubricants Market Outlook To 2023

Around 80% of the BNPL Market revenue in UAE was generated by Online mode of payment fueled by the Covid-19 pandemic: Ken Research

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1.  The Covid-19 pandemic is a driving force in exhilarating and paving the way for newer companies to enter the BNPL space in the country, in addition to external investments made in the industry

In recent years, the UAE has seen a significant increase in digital transactions Because of the rise of e-commerce in the region, inter-governmental partnerships are being formed in order to make the UAE a digital hub. This is one of the major factors contributing to the rise of digital credit lending in the country, such as that of BNPL. Government support is also playing a significant role in the UAE's surging digital penetration. Additionally, BNPL players in the UAE have only just entered the market and have cumulatively received approximately $40 million+ in funding which is likely to boost the BNPL services in the country.

2.  Buy Now Pay Later industry in UAE has gained significant traction growing at a CAGR of ~92% in between 2019 and 2022

The Buy Now Pay Later industry in the UAE generated multi-million dollars in revenue in 2022, growing at a CAGR of 92% between 2019 and 2022. The UAE BNPL market boomed during the COVID-19 pandemic because a large portion of the residents lost their jobs during this period and was surviving on their savings, which pushed for the need for an extra credit line, which BNPL services catered to. In 2022, the 30-40 age group was having the largest market share for BNPL services in the country. This is due to the growing working-age population, which is gradually shifting away from credit cards and toward BNPL as a mode of payment.

3.  With an increasing consumer base and expanding partnerships with merchants and retailers, the country's BNPL players have seen a boom in a short period of time

The Middle East region has seen an increase in the number of companies offering BNPL solutions in just one year. They are making a name for themselves by adding value to merchants and providing simple financial products to customers. With so much going on at BNPL, its user base is making significant strides as well. With the decreasing impact of Covid-19, we are also seeing the return of offline shopping mode. The BNPL players will not pass up this opportunity. They have already begun collaborating with leading retailers to offer BNPL as a point-of-sale financing tool in physical stores at checkout points.

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4.  Credit recovery, combined with customer overspending, is posing a significant challenge to the expansion of the BNPL market in the UAE

BNPL service providers face the risk of being unable to recover loan amounts that customers fail to pay on time. Although there is a carry forward charge attached to late amounts, it may continue to accumulate on the consumers' part. Regulators are concerned about the rising indebtedness and risk to consumers as the BNPL market expands rapidly. Moreover, unwise purchases are becoming more common as a result of unsecured credit risk assessment using these methods. The risks associated with the region's competition are also extremely high. Companies in the nascent or growth stage need to figure out multiple revenue streams and different methods of financing such as a card, cashback, and loans or quick financing to survive the competition.

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

UAE Buy Now Pay Later Industry

Dossier 360, Provides You Unrestricted Access to All Bundled Research Reports: Ken Research

 Ken Research is one of the best market research and consulting firm, based out of India, UAE, and Indonesia. We recommend business intelligence and functional advice-giving in 300+ verticals underscoring troublesome technologies and advancing the business models with pattern analysis and triumph case studies. Additionally, we recognize the disrupting business models, and revenue streams with the success and letdown case studies, pain points, due diligence, entry strategy, gap analysis, and investment plant model. We meaningfully differentiate among the opinions and facts around the different and numerous segments. Our knowledge researchers seek viewpoints and facts from 25,000+ research journals, annual research reports, news articles, white papers, conference presentations, government reports, and custom databanks.

In addition, with the Bundled Report Subscription Services you as a user get full access to an extensive collection of market research reports and data, reliant on your organization’s demand and budget. In addition, the Dossier 360, a premium subscription platform recommends a wide-ranging congregation of over 10,000+ Premium Industry Reports, Press Releases, Investment, and Economy news, more than 30,000 equity and private company research reports, Due Diligence Reports accumulated from various popular and reliable sources.

Not only has this, on the Dossier 360, but the industry report also proposes a strong exposure to business intelligence and functional advice-giving in different industries encompassing automotive, logistics, plastics & chemicals, healthcare, education, building and construction, food and beverage, banking & financial services, agriculture, media & entertainment, energy & utilities, and many others. Such reports bounce the lucrative and functioning insights regarding economic shifts, emerging technologies, supervisory developments, customer perceptions, market trends, market opportunities & threats, and antagonism scenarios.

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We offer Bundled Syndicated Research Reports to our trades and carry boundless admittance to syndicate and ad-hoc research studies in acquiescence with this service. We all know buying individual research reports every time in an extremely competitive scenario can be a well-appointed and time-consuming concern. Our Global Research Reports Subscription aims to comfort you advantage market intelligence expediently and parsimoniously.

Used Car Market Bundled Reports offer an excellent value given that this available collection of the highest-quality information for a fixed cost. So, capitalizing on a market research subscription will not only carry you the immensity of information that you require but will also word the significance and superiority of specialized research that is commanding to the victory of your projects.

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The versatile nature and being great substitutes for helicopters, unmanned flights at a lower cost, the USA Drone market is expected to flourish in upcoming years: Ken Research

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USA Drone Market Ecosystem

USA Drone Market is in the growing stage, the market is majorly consolidated. Domestic and International players coexist in the supply side in the USA Drone Market.

Key Market Findings:

• Prices of drone hardware, software, and services continue to fall as drone companies compete for market share through penetration pricing.
• The share of hybrid drones will increase in the future among both the commercial and the military sector.
• More market players are expected to enter into the drone industry independently or with collaboration to cater rising demand from end users.

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Great Substitutes for Helicopters/Workers: Drones are great substitutes for helicopters, workers etc., where they can get more work done in less amount of time and with reduced costs. They can replace expensive surveillance products for the military while also lowering the risk for pilots since they don't have to be on the aircraft. The potential for the use of drones is really high. Drones are very versatile, and can be used easily within many industries. Just like robots, they can replace basic jobs which require human support.

Widespread Opportunities: Major industries such as Agriculture, Construction and law enforcement will be benefitted from the use of drones. Agricultural fields of thousands of acres can utilize drones to observe the crop growth, to assist with fertilization and monitor the fields. Law enforcement can use drones for surveillance and save many police officers lives. Logistics will lead the way for drones in future as significant chunk of logistic/e-Commerce companies will implement drones for last mile deliveries as they can reduce logistics costs significantly.

Environment Friendly: Medium and heavy-duty trucks are usually used to transport goods; these vehicles are expected to be responsible for a quarter of all greenhouse gas emissions in the United States. Drones have been shown to be much more environmentally friendly than traditional delivery vehicles due to their lower carbon footprint.

Government Spending: US is amongst highest military spenders in the market, around 732 USD Bn in 2019, which is around 38% of the world expenditure. In July of 2020, the U.S. government signed a measure to permit the sale of armed U.S. drones that fly under 800 kilometers per hour, to foreign governments that had been restricted from flying. Defense is also increasing the usage of micro drones such as X2-D, Anafi, M440 Ion, Golden Eagle and more that have a price range of USD 7000-21,000. They can be deployed to gain a bird’s eye view of the battlefield or to autonomously navigate a building to clear rooms before troops enter.

Analysts at Ken Research in their latest publication “USA Drone Market Outlook to 2027F- Driven by increasing demand of Military drones and commercial drones in End user industries such as Construction, Logistics and more” by Ken Research observed that USA Drone Market is in the growing phase. Enhancing Service Offerings, collaborations with partners, expand pipeline with predictive analysis and getting in front of prospects through AI are some of the factors that will contributed to the USA Drone market growth over the period of 2021-2027F. It is expected that USA Drone Market will grow at a CAGR of 11.7% for the above forecasted period.

Key Segments Covered in the report: -

USA Drone Market by Revenues and Number of drones, 2017-2027

By Type of Drones by Number of Drones, 2022 and 2027

• Hybrid Drones
• Fixed Wing Drones
• Rotary Blade Drones

By Region by Revenue, 2022 and 2027

• West
• South East
• South West
• North East
• Midwest

By Commercial End Users by Number of Drones, 2022 and 2027

• Construction and Inspection
• Media
• Agriculture
• Oil and Gas
• Others
• Logistics
• Mining

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By Weight by Number of Drones, 2022

• 25 kgs-150 kgs and more
• 2 kgs-25 kgs
• <2 kgs

By Mode of Operations by Number of Drones, 2022 and 2027

• Remotely Operated
• Fully Automated
• Semi-Automated

Key Target Audience

• Investors
• Technology and IT Companies
• Government and Institutions
• Aeronautical Companies
• Farming Associations
• Existing Drone Companies
• Venture Capitalist
• New Market Entrants
• Military Agencies

Time Period Captured in the Report:

• Historical Period: 2017-2021
• Base Period: 2022
• Forecast Period: 2023-2027F

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Companies Covered:

• Textron
• General atomics
• AeroVironment
• Northop Grumman
• Insitu
• Skydio
• Easy Aerial
• Skydio
• General Atomics
• FLIR
• DJI
• Parrot
• Easyariel

Key Topics Covered in the Report

USA Drone Market Overview

Ecosystem of USA Drone Market

USA Drone Market Evolution and Business Cycle

USA Drone Business Cycle Genisis

Islamic Banking and Car Finance in USA

USA Drone Market by Revenue growth

USA Drone Market Segmentation

SWOT Analysis of USA Drone Industry

Infrastructure Development Overview of USA

Trends and Developments in USA Drone industry

Growth Enablers in USA Drone Industry

Recent Mergers, Acquisitions, Partnerships and Investments in the USA Drone Market Operational Strategies for USA Drone Services Market

Issues and Challenges in USA Drone Industry

Government policies affecting the USA Drone Industry

Government Initiatives for Automotive Industry

Growth Drivers of USA Drone Market

USA Drone Market Competition Overview

Cross Comparison of Major Players in USA Drone Market

Strengths and Weakness of Major Players in USA Drone market

Future Outlook and Market Projections, 2027F

FAA Rules and Regulations for Recreational and Commercial Drone Users in USA

Growth strategies for USA Drone market

For More Information On The Research Reports, Refer To Below Link:-

Future Outlook of USA Drone Market

Related Report by Ken Research: -

Europe Agricultural Drones Market Outlook and Forecast to 2027

eNPS Allow Employers to Measure and Get a Snapshot of Employee Engagement Within Company: Ken Research

 With the speedy advancement of business all across, businessmen seek different ways to develop their employees and results. And with that, employee engagement is often taken as the eventual solution or, in other words, you can say a silver bullet! For all challenges and hurdles that arise in a workplace, employee engagement is supposed to improvise all of them.

Although employee engagement isn’t a magical antidote, it can surely bring massive benefits to any organization. There are employee engagement platforms that generate such an effect on an organization that is beyond a general mindset. At Ken Research, a 360-degree workplace survey will assist the company to understand its employees’ viewpoints on the company’s complete culture with NPS Score and other surveys. Employee satisfaction is incredibly imperative to an organization. Happy employees are loyal and prove to be proficient assets to the organization. They are probably to tell others about the fantastic place they operate, making them company advocates.  

How to Measure eNPS?

Once your employees have answered the NPS survey, they are sorted into one of the following categories:

• 0-6 Detractors: These are actively displeased employees and represent your greatest turnover risk. They are probably to talk badly about you to their friends and acquaintances.
• 7-8 Passives: This group of employees is neither satisfied nor dissatisfied. They may not say negative things about the company to acquaintances and family, but they’re not probably to recommend the company either.
• 8-10 Promoters: This group of Point of Sale are your most satisfied employees and will say positive things about your company and recommend it as a place to function.

Why eNPS is Important?

• Improves Loyalty: Using eNPS can assist you to detect Target Segment Identification. When you ask for feedback and follow up with your satisfied employees, it turns them to be loyal. If you do the same with dissatisfied customers, it may turn them into happy and loyal employees.
• Reduces Customer Churn Rate: Business growth can also be determined by measuring the inflow and outflow of the customer in the business. That’s what customer churn rate assists you do. Churn rate refers to the number of customers who left your company owing to bad experiences or services by employees. These churned customers are a peril to your brand reputation, as they spread negative word of mouth and do negative publicity of your brand and business. So, when you gauge the churn rate of your business consistently it assists you to put control on the churning of your customers.
• Competitive Differentiation: eNPS should be used as a tool for benchmarking against one’s own company rather than benchmarking against other companies. Organizations invest a lot of money and time along with emotional costs in fascinating the potential employees, hiring them and carrying them with adequate training, hence, it becomes a prodigious loss for a company if they are incapable to recollect their top talent.

eNPS which began as a customer satisfaction tool now is a powerful way to measure and enhance the employee engagement. Employees feel valued when their suggestions are heard and their viewpoints turn into actions by the management. It is also a leading indicator to forecast future outcomes and also assists in combating the churn rate.

KSA Cybersecurity Market is Expected to Gain Momentum from the Technological Advancements and Government Initiatives along with Covid Incited surge in Demand: Ken Research

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• Government strict regulations such as ECC and Cybersecurity Framework by SAMA will act as a catalyst for the surging growth of the cybersecurity market in KSA. Shifting to cloud infrastructure as companies look for a hybrid mode of working will assist the growth of the industry.
• Covid 19 has not only forced people to spend time more time online but has also led to the swift evolution of cybersecurity in KSA. Innovative antivirus solutions have become incredibly important to facilitate live streaming and e-learning.
• The recent MoU signed between Saudi NCA and the US Department of Homeland Security is expected to aid the cybersecurity industry focusing on several areas such as sharing cyber threats information between both countries

Strong Government Push: Strict regulations by the government such as ECC and Cybersecurity Framework by SAMA will also act as a catalyst for the surging growth of the cybersecurity market in Saudi Arabia. Coupled with that, the launch of smart city projects such as NEOM will also provide the much-needed push to the sector.

Technological Advancements in Cybersecurity Services: Advancements in encryption technologies, firewalls, MDR, XDR, EDR, digital forensic investigation, and GRC services among others are expected in the coming years. These advancements will lead to a more secure internet network in the Saudi Arabian cyberspace during the forecast period.

Demand for Big Data and 5G Rollout: The cybersecurity market in Saudi Arabia is estimated to expand at a high CAGR in between 2021 and 2026E attributed to increasing demand for big data, a high surging internet penetration rate and roll out of 5G services across the nation. The more connected the nation will become, the more will be the demand for cybersecurity services among users.

The report titled “KSA Cybersecurity Market Outlook to 2026E- Gauging the opportunities for foreign investment in the cybersecurity market” provides a comprehensive analysis of the potential of the Cybersecurity industry in Kingdom of Saudi Arabia. The report covers various aspects including the current cyber threat scenario and major cyberattacks in the country, revenue generated from cybersecurity, its segmentations viz Component, Deployment Type, Region, End User (Medium and Small Enterprises vs Large Enterprises), by Industry, major trends and developments, issues and challenges, government regulations and product analysis. The report concludes with market projections for future of the industry including forecasted industry size by revenue along with analyst recommendations and key market opportunities.

Key Segments Covered in KSA Cybersecurity Market:

By Component (By Revenue), 2021 and 2026F

• Solutions
• Services

By Deployment Type (By Revenue), 2021 and 2026F

• On-Premise
• Cloud

By Region (By Revenue), 2021 and 2026F

• Northern
• Western
• Eastern
• Central
• Southern

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By User (By Revenue), 2021 and 2026F

• Medium and Small Enterprises
• Large Enterprises

By Industry (By Revenue), 2021 and 2026F

• BFSI
• Government Sector
• IT
• Telecom
• E-Commerce
• Healthcare
• Retail
• Others includes food industry and more

Key Target Audience

• Technology Companies
• Cybersecurity Companies
• Banking and Financial Institutions
• Cybersecurity Service Providers
• Government Agencies
• Cybersecurity Consultants

Time Period Captured in the Report:

• Historical Period: 2016-2021
• Forecast Period: 2021-2026

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Key Companies Covered:

• SITE
• Sirar by STC
• IBM
• Palo Alto Networks
• SBM
• Cipher
• NourNet
• Trusted Partners
• Trend Micro Incorporated
• Hewlett Packard Enterprise
• Norton LifeLock Inc.
• Dell Technologies
• SAT Microsystems

Key Topics Covered in the Report:

• KSA Country Profile and Population Analysis
• Operating Model of Cybersecurity Companies
• KSA Cybersecurity Market Size and Segmentations
• Growth Drivers of KSA Cybersecurity Market
• Porter’s Five Forces Analysis of KSA Cybersecurity Market
• Government Rules and Regulations in KSA Cybersecurity Market
• Government Initiatives in KSA Cybersecurity Market
• Key Trends and Developments in KSA Cybersecurity Market
• Role of Cutting-Edge Technology in Developing Cybersecurity Solutions and Applications in KSA
• Issues and Challenges of KSA Cybersecurity Market
• Demand Side Analysis
• Analyst Recommendations
• Case Studies
• Research Methodology

For more information on the research report, refer to below links:

KSA Cybersecurity Market Outlook to 2026E

Related Reports

Cybersecurity Market: Current Analysis and Forecast: Ken Research

Global Financial Cyber Security Market Development Strategy Pre and Post COVID-19, by Corporate Strategy Analysis, Landscape, Type, Application, and Leading 20 Countries: Ken Research

Global Automotive Cybersecurity Market Research Report with Opportunities and Strategies to Boost Growth- COVID-19 Impact and Recovery: Ken Research

Increasing smartphone penetration as well as a high proportion of low to mid-income consumers are driving the Malaysia Used Smartphone Market: Ken Research

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Malaysia Used Smartphone Market

Malaysia Used Smartphone Market is in the growing stage. It is a fragmented market which is being driven by increasing smartphone penetration, rising awareness to reduce electronic wastes, high proportion of low to mid-income consumers, increasing prices of new smartphones and adoption of 5G network.

Key Market Findings:

• iPhone is the most sold used smartphone in Malaysia. iOS dominates the market in Malaysia.
• A government subsidy program along with relatively smoother logistics facilities drove Malaysia’s market in 2021.
• Majority of the people who buy used smartphones prefer to buy second-hand phone that is only 1-year-old. Buying a smartphone at an early life enables the subsequent user to get the maximum benefits from it.

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Growing Demand for Used Smartphones in Malaysia: The growing digitization, virtual classes, remote working, virtual socialization during Covid-19 pandemic led to smartphones being an indispensable part of life. Integration of technology and digital solutions required compatibility of devices with 5G technology, and it became a driving factor for the rise in sales in the smartphone market. However, as the proportion of low- to mid-income consumers is quite high, they prefer to go on online platforms offering refurbished and second-hand smartphones with discounts instead on new smartphones. This in turn has led to an increase in demand for used smartphones in Malaysia.

Rising Average Price of Used Smartphones: As the price of new smartphones have increased, people have started to buy used smartphones as they are affordable. The average price of used smartphones is expected to increase due to a robust demand in the future. Used devices continue to provide cost-effective alternatives to both consumers and businesses that are looking to save money when purchasing a smartphone. Vendors such as Apple, Samsung, and Xiaomi have implemented their own programs with aggressive trade-in offers compared with other channels.

Rising environmental awareness: People around the world have started taking steps to preserve natural resources and use recycled products. Only about 20.0% of mobile phones are recycled each year in Malaysia. Another step being taken by people in Malaysia is buying used smartphones. This will lead to the reduction in electronic wastes as well as the growth of the Used Smartphone Industry in Malaysia.

Analysts at Ken Research in their latest publication “Malaysia Used Smartphone Market Outlook to 2026F- Driven by increasing prices of new smartphones, greater environmental awareness and Government initiatives like adoption of 5g network” by Ken Research observed that Malaysia Used Smartphone Market is in the growing phase. Increasing smartphone penetration, rising awareness to reduce electronic wastes, high proportion of low to mid-income consumers, increasing prices of new smartphones and adoption of 5G network are some of the factors that will contribute to the growth of the Malaysia Used Smartphone Market over the period of 2022F-2026F. It is expected that Malaysia Used Smartphone Industry will grow at a CAGR of 14.9% for the above forecasted period.

Key Segments Covered: -

By Distribution Channel

• Unorganized
• Organized

By Marketing Channel

• Offline Dealers
• Classified
• Online Marketplace

By Source of Lead Generation

• Dealership Walk-ins
• Online

By Sourcing Medium

• Retail Customers
• Businesses
• Telephone Operators
• OEM’s

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By Type of Sales

• B2C
• C2C

By Brand of Smartphones

• Apple
• Samsung
• Xiaomi
• Others

By Age of Smartphones

• 0-12 months
• 12-24 months
• 24-36 months
• 36-48 months
• >48 months

By Price of Used Smartphones

• Lower end phone
• Mid-range phone
• Upper end phone
• Premium phone

By Purchase across Major Cities

• Kuala Lampur
• Seberang Perai
• Petaling Jaya
• Others

By Type of Network

• 2G
• 3G
• 4G
• 5G

By Battery Capacity

• <3000 mAh
• 3000-5000 mAh
• >5000 mAh

By Operating System

• Android
• iOS
• Others

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By Screen Size

• <4.5 inch
• 5-5.5 inch
• >5.5 inch

Key Target Audience

• Smartphones companies
• Network Providers
• Government Bodies and Regulatory Authority
• Fintech Companies
• Investors and Financiers
• Smartphones Service Providers
• Cell Phones Industries
• Venture Capitalist
• Smartphones Manufacturers
• Existing Cell Phone Companies
• New Market Entrants

Time Period Captured in the Report:

• Historical Period: 2016-2021
• Base Year: 2021
• Forecast Period: 2022F– 2026F

Companies Covered:

Online Marketplaces

• Lazada
• Shopee
• CompAsia
• PG Mall
• my
• com
• Facebook marketplaces
• Halomobile
• Takumiko
• Alibaba
• Harvey Norman
• Allo Allo

Offline Players

• Factory Mobile Dataran Austin
• SG World & Finance
• Mobile Wholesale City
• Berry Nice Enterprise
• SS Solution
• Sam Digital Enterprise
• Machines Suria KLCC Apple Premium Reseller Store
• nextfone
• APR Electronic Services Sdn. Bhd.

Classified Platforms

• Kaskus
• Carousell
• OLX
• Adpost
• Adsglobe
• Free Ads Time

Omnichannel Players

• Apple
• Xiomi
• Huawei
• Samsung
• Oppo
• Oneplus
• Vivo
• RealMe

Key Topics Covered in the Report

• Malaysia’s Smartphone User Landscape
• Malaysia Used Smartphone Market Analysis
• Ecosystem of Malaysia Used Smartphone Market
• Malaysia Used Smartphone Industry Market Size
• Malaysia Used Smartphone Industry Market Segmentation
• Value Chain Analysis of Malaysia Used Smartphone Market
• Business Cycle and Genesis of Online Players in Malaysia Used Smartphone Market
• Competition Scenario of Malaysia Used Smartphone Market
• Malaysia Used Smartphones Market Size Future Outlook and Projections
• Issues and Challenges in the Malaysia Used Smartphone Market
• End User Analysis of Malaysia Used Smartphone Market
• Industry Analysis of Malaysia Used Smartphone Market
• Trends and Developments in Malaysia Used Smartphone Market
• SWOT Analysis on Used Smartphones market in Malaysia
• Growth Drivers of Malaysia Used Smartphone Market
• Government Rules and Regulations in Malaysia Used Smartphone Market
• Impact of Covid-19 on Malaysia Used Smartphone Market

For More Information On The Research Report, Refer To Below Link: -

Future Outlook of Used Smartphone Market in Malaysia

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Indonesia Used Smartphone Market Outlook to 2026

France Agricultural Equipment Market is expected to gain momentum owing to introduction of smart farming techniques such as precision farming and digital farming: Ken Research

 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.

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Key Findings

• Farming tractors have dominated the France Agriculture Equipment Market.
• The France Agriculture Equipment Market saw a severe downfall in the first half of 2020 due to Covid-19.
• Tractor registrations fell in the first half of 2020 compared to the same half of the previous year due to the COVID-19 pandemic.

Rising Agriculture Equipment Industry in France:  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 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.

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

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

Analysts at Ken Research in their latest publication “France Agriculture Equipment Market Outlook to 2027F- By Tractor (Less than 50 HP, 50 to 79 HP, 80 to 99 HP, 100 to 120 HP and Above 120 HP), By Harvesting Machinery (Combine Harvesters, Forage Harvesters and Other Harvesting Machinery), By Plowing and Cultivating Machinery (Plows, Harrows, Cultivators and Tillers and Other Plowing and Cultivating Machinery)” observed that France Agriculture Equipment Market is expected to showcase considerable growth in the coming five years. In the upcoming years, it is predicted to expand more rapidly owing to introduction of smart farming techniques such as precision farming and digital farming. The Agriculture Equipment Market in France is expected to grow at a CAGR of ~% over the forecasted period 2022P-2027F.

Key Segments Covered in the report

France Agricultural Equipment Market

By Tractor

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

 By Plowing and Cultivating Machinery

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

 By Planting Machinery

• Seed Drills
• Planters
• Spreaders
• Other Planting Machinery

 By Harvesting Machinery

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

 By Haying and Forage Machinery

• Mowers
• Balers
• Other Haying and Forage Machinery

 By Irrigation Machinery

• Sprinkler Irrigation
• Drip Irrigation

 Key Target Audience

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

Time Period Captured in the Report:

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

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Companies Covered:

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

Key Topics Covered in the Report

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

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

Future Outlook of France Agriculture Equipment Market

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The Philippines Logistics Market is expected to grow at a CAGR of 8.2%, 2022P- 2027F owing to the Rapid Improvement in the Logistics Infrastructure by the government: Ken Research

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Philippines Logistics Market Ecosystem

The Philippines Logistics Market is in the growing stage, being driven by increasing demand for food, beverages, and manufacturing products. There are several players in the Philippines Logistics market some of which are Royal Cargo, W Express (DHL), 2Go Logistics, Yusen Logistics, and AAI Logistics.

• Chinese, Dutch, Japanese and Taiwanese investors have committed to either put up or expand existing logistics facilities in southern Luzon, Philippines.
• Rise in e-commerce with internet penetration (73.9 Mn Users, 2021) has increased the demand for industrial freight warehouses in the country.
• Being an archipelago and Import Oriented country extremely dependent on Sea, ICDs are used extensively at ports and airports.

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Improving Road Transportation and Warehousing Infrastructure: The Philippines government has undertaken major infrastructure development projects like "Build Build Build” to expand the logistics services of the country in near future. Additionally, to meet the increasing demand for refrigerated storage, several cold chain operators are anticipated to expand their businesses and build numerous new cold storage facilities which will provide a boost to Philippines cold storage industry.  The logistics sector in the country is going through a new wave of technological advancements that are crucial for both the organic growth of logistics businesses and for end customers of those services.

High Demand for Road and Sea Transportation: The development of currently existing technology and technological tools is anticipated to spur expansion in the warehousing industry. Platooning and the use of electric cars are also helping to tackle cargo theft and lower the cost of freight transportation as the country's logistics sector shifts towards digital growth. A growing middle class, rising consumer spending, and young, tech-savvy population in the Philippines are driving the expansion of e-commerce and will further increase the need for logistics services over the next ten years. Additionally, in the upcoming years, the populace will have economic prospects in logistics owing to initiatives like the RESPOND Project and PCCP Project.

Increasing Inflow of Investments: The logistics market in the Philippines is highly fragmented, with both domestic and international companies present. Royal Cargo, 2Go Logistics, Fastcargo Logistics, Nippon Express, W Express (DHL), and others are among them. A significant trend that is expected to drive market growth is that warehousing players are constructing warehouses closer to the people to whom they deliver. This strategy is used to meet the demand for express deliveries. Furthermore, most companies will use modern technologies such as automated robots, cloud computing, and drones, which will increase the country's logistics competition scenario.

Analysts at Ken Research in their latest publication “Philippines Logistics Market Outlook to 2027F- Driven by the Rising Demand from Manufacturing, F&B, Retail, and other industries along with increasing Government Initiatives to Strengthen the Logistics Infrastructure” observed that Philippines Logistics Market is in a growing phase. Increased budget allocation for infrastructural development in the region by the government and technological development are some of the factors that will contribute to the Philippines Logistics market growth over the period of 2022P-2027F. It is expected that Philippines Logistics Market will grow at a CAGR of 8.2% for the above-forecasted period.

Key Segments Covered in the report: -

Philippines Logistic Market

Market Segmentation by Services

• Freight Forwarding
• Warehousing
• CEP
• Value Added Services

Philippines Freight Forwarding Market

By Mode of Freight

• Sea freight
• Road Freight
• Air Freight

By Type of Freight

• International Freight
• Domestic Freight

Philippines Warehousing Market

By Type of Warehouses

• Industrial Freight/Retail
• Container Freight/ICD
• Cold storage
• Agriculture and Others

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Philippines Cold Chain Market

By Type

• Cold Storage
• Cold Transport

Cold Storage Market

By Temperature Range

• Frozen
• Chillers
• Ambient

By Automation

• Automated Pallets
• Non-Automated Pallets

By Major Cities

• Metro Manila
• Cebu
• Mindanao
• Other

Cold Transport Market

By Truck Type

• Reefer Vans/Trucks (1 to 10 Tons)
• 20-foot reefers (10 - 20 Tons)
• 40-foot reefers and others (more than 20 tons)

By Mode of Transportation

• Land
• Sea
• Air

By Location

• Domestic
• International

By Vicinity

• Inter-city
• Intra-city

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Philippines Express Logistics Market

By Location

• Domestic
• International

 By Vicinity

• Inter-city
• Intra-city

By End Users

• Food and Beverage
• Textile and Footwear
• Pharmaceuticals
• Electronics
• Chemicals
• Others

Key Target Audience

• Total Logistics Companies
• Contract Logistics Providers
• 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: 2017-2022P
• Base Period: 2022P
• Forecast Period: 2022P-2027F

Companies Covered:

Philippines Logistics Market Companies:

• Royal Cargo
• W Express (DHL)
• 2Go Logistics
• Yusen Logistics
• AAI Logistics
• FSTA Trucking
• Inland Logistics
• Chelsea Logistics
• RLH Trucking
• Airspeed
• Agility
• LF Logistics
• Rhenus Logistics
• Fastcargo Logistics

Philippines Warehousing Market Companies:

• Fastcargo Logistics
• LF Logistics
• Royal Cargo
• 2Go Logistics
• Nippon Express
• Mets Logistics
• Expeditors
• Kintetsu World Express
• Agility
• AAI Logistics
• Orient Freight International Inc
• AGX Logistics
• KB1 Logistics

Key Topics Covered in the Report

• Infrastructure Overview of the Philippines
• Philippines Logistics Market, 2017 – 2027F
• Ecosystem- Philippines Logistics Market
• Philippines Logistics Market Size, 2017-2022P
• Philippines Logistics Market Size, 2017-2022P
• Regulatory Landscape for Philippines Logistics Market
• SWOT Analysis of Philippines Logistics Market
• Growth Drivers for Philippines Logistics Market
• Challenges in Philippines Logistics Industry
• Impact of Covid-19 on Philippines Logistics Market
• Philippines Logistics Future Market Size, 2022P-2027F
• Philippines Freight Market Executive Summary
• Industry Ecosystem and Value Chain Analysis of Philippines Freight Market
• Philippines Freight Market Size, 2017-2022P
• Philippines Warehousing Market Executive Summary
• Business cycle and Genesis of Philippines Warehousing Market
• Philippines Warehousing Market Overview, 2017-2022P
• Philippines Cold Chain Market Executive Summary
• Business Cycle of Philippines Cold Chain Market
• Philippines Cold Chain Market Size, 2017-2022P
• Philippines Cold Chain Market by Cold Storage and Cold Transport, 2017-2022P
• Market Sizing Analysis of Philippines CEP Market, 2017-2022P
• Future Market Sizing Analysis of Philippines CEP Market, 2022P-2027F
• Philippines E-commerce Market Overview, 2017-2022P
• Future Market Sizing Analysis of Philippines CEP Market, 2022P-2027F
• Philippines Logistics Industry Segmentation by End Users
• Competitive Scenario of Logistics Players in Philippines
• Analyst Recommendation

For More Information On The Research Report, Refer To Below Link: -

Future Outlook of Philippines’ logistics sector

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Growing Volume of Big Data and Low Costs to Enterprises will Boost Germany Hyperscale Data Center Market: Ken Research

 1. Hyperscale Data Center market in Germany expanded at a CAGR of 21.7% in between 2017 and 2022P.

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As the demand for cloud computing solutions increases, so does the need for supporting large-scale data centre infrastructure. The number of people connecting to the internet is continuing to drive demand for data-center-based compute and connectivity. Increasing investments in automation of infrastructure and incorporation of AI in operating data centers to supplement Hyperscale Market Growth in Germany.

2. Network and server solutions offered by hyperscale data centers in Germany has contributed over 85% of the revenues to the industry.

The growth of hyperscale data center operators operating in the country has been fuelled by demand from internet giants trying to keep pace with the world's seemingly insatiable appetite for digital services. Hyperscale data center design uses a modular approach to serve large chunks of end-users, who are generating massive amounts of data at any given time. The adoption of advanced technologies such as AI and big data analytics will increase the demand for high-performance all-flash storage arrays among data center facilities in Germany.

3. Energy efficiency, growing big data volume and cost efficient hyperscale data center operations to be considered as growth enablers for the industry.

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The drive to save money on power rises the demand for energy-efficient hyperscale data centers. In data centers, high-density blade servers, and storage systems provide higher computation capability per Watt of energy consumption. The growing volume of Big Data across the business eco-system is gaining maturity. 79% of enterprise executives agreed that companies that do not embrace Big Data would lose their competitive position and are expected to face extinction. Currently, 83% of enterprises pursue Big Data projects to seize a competitive edge. Adoption of hyperscale data centers decreases the total cost of ownership due to optimal hardware infrastructure utilization, effective allocation of system workloads, and process transformation.

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

Germany Hyperscale Data Center Market Analysis