Tuesday, January 23, 2018

Global Telemedicine Market and Forecast to 2022: Ken Research

The report titled “Global Telemedicine Market (by End-Users, Specialty, Component & Region) and Forecast to 2022”, provides a comprehensive analysis of global telemedicine market. This report covers history, evolution, function, global leading players, specialty services, major issues related to telemedicine, geographical growth, introduction of telemedicine mobile applications and continuing growth over the coming years.
Industry Overview: Telemedicine or e-health is where healthcare professionals evaluate, diagnose and treat patients residing in remote locations using the telecommunication technology. Telemedicine was actually started in the year 1950 when a few hospital systems and university medical centre’s found ways to share medical information and transmit radiologic images over the phone. The population living in remote areas was provided with medical advice by the experts in a quick and efficient manner. The prime motive behind the telemedicine is to reduce the healthcare cost, and afford better communication between doctor and patient in the healthcare sector. Earlier, telemedicine was majorly used to connect doctors with specialists working at other locations to provide adequate medical help to rural or remote population where specialists aren’t readily available.
North America is well established in the information technologies and has many organizations that contribute huge funds for the development of telemedicine market. Europe ranks second in the telemedicine market followed by Asia Pacific region which will witness a highest growth over the coming years. It is predicted that Asia Pacific will face major economic reforms, and a steady growth in IT sector that may help in the growth of the telemedicine market.
The increasing in the aged population, rising of chronic diseases, shortage of healthcare professionals worldwide, technological advancements in telecommunication infrastructure, increasing utilization of smart electronics for the management of chronic diseases, various benefits of telemedicine, and need for affordable medical treatment due to rising healthcare costs are the major factors that are driving the growth of the global telemedicine market over the coming years. For a few decades telemedicine was limited due to the cost and use of the medical equipment. However, with the rise of the internet age, increase in smart electronic devices, high-quality video transmission has created a possibility of delivering value healthcare to patients at their homes, workplaces or at remote medical facilities.
Technological Advancements: the technological advancements in telecommunication sector have affected all the major industries around the world. Almost, all the extensive smart electronic gadgets incorporate telecommunication technologies for various applications.  The advanced technology has significantly influenced the healthcare industry intensifying the telemedicine sector. Teleconsulting, telesurgery, and telepathology, are various efficient telemedicine healthcare processes and systems available globally. The telemedicine market is categorized into services, software, and hardware. The telemedicine services segment witnessed an increasing adoption of monitoring solutions by patients in remote areas, advancement in telecommunication technology, and introduction of ACA (Affordable Care Act) globally. The software segment in telemedicine is an integral part of telemedicine services and works as an interface between the database, patients or employer groups or government bodies. 
Major Players in Global Telemedicine Market: Latest, telemedicine services utilize the advanced electronic communications and latest software to provide better healthcare services to patients who are not able to visit the hospital. Generally, telemedicine technology is used for follow-up visits, management of chronic conditions, medication management, specialist consultation and other medical services that are provided via secure video and audio connections. Telemedicine is a virtual medicine that helps in reducing the emergency room visits and hospitalization rate. Global leading telemedicine players are Philips Healthcare, Medtronic plc, Honeywell Life Care Solutions, Tunstall Healthcare, Care Innovations, Cerner Corporation, Cisco Systems, Inc., Medvivo Group Ltd., GlobalMedia Group, LLC, Aerotel Medical Systems Ltd.,  AMD Global Telemedicine, Inc., American Well, InTouch Health, and Vidyo, Inc.
The global telemedicine market has the potential to revolutionize healthcare delivery at various places. It was observed that there is a constant medical technological innovation, increasing remote patient monitoring and the rising use of treatments that require long follow-ups which attracts the global telemedicine market. Telemedicine provides instant access to medical experts, any hospital, medical facility, specialists, and medical institutions to share any medical resources immediately with any hospital or clinic around the world. Telemedicine market is divided based on the specialty area such as general consultation, cardiology, dermatology, neurology, gynecology, trauma care, ophthalmology, orthopedics, psychiatry, pathology, general surgery and others. The end-users in the telemedicine market are hospitals, clinics, patients and others. Few leading telemedicine players in Asia Pacific region are IBM, Intel Corporation, Philips Healthcare, McKesson Corporation, AMD Telemedicine, GE Healthcare, and Cardio Net Inc.
Majority of the doctors working in hospitals and clinics worldwide have spent most of their time using conventional means to treat patients. Training or convincing the older generation healthcare workers to use the telemedicine is a huge task and it cannot be accomplished easily. Only after the next generation of doctors takes over the healthcare industry there would be a possibility of rapid development in the telemedicine market and it would easily take at least another couple of decades. Few factors restraining the telemedicine market are legal issues, reimbursement issues, and high cost of advanced technology, lack of physician support combined with poor cases of implementation and lack of infrastructure.
Way Forward for Global Telemedicine Market: The global telemedicine market is expected to grow rapidly over the coming years due to increasing chronic conditions and rising demand for self-care. The telemedicine technologies are now made easy with the introduction of a mobile device application that is easy to use for both patients and healthcare providers. It was anticipated that there will be an increasing demand of automation and synchronization in the telemedicine service providers across the globe. The increasing in usage of internet, virtual medicine and demand for value healthcare will witness a drastic growth of telemedicine market over the coming years.
Key Topics Covered in the Report:
Global Telemedicine Market Research Report
Telemedicine Market Demand Analysis
Global Telemedicine Market by Technology
Teleconsulting market Revenue
Major Players in Global Telemedicine Market
Telesurgery Market Growth Worldwide
Growing Adoption of Electronic Health Records
Chronic Diseases Worldwide
North America Telemedicine Market Analysis
Europe Telemedicine Market Research
Asia Telemedicine Market Research Outlook
Technological Developments in Telemedicine
Global Telemedicine Market by End-User
Telemedicine Market by Service
Global Telemedicine Market by Geography
Future Outlook of Global Telemedicine Market
For more information on the research report, refer to below link:
Related Reports
Contact:         
Ken Research
Ankur Gupta, Head Marketing & Communications
+91-124-4230204
Posted by at 1 comment:
Labels: , , , ,

Chauffer Driven Car Rental Future Outlook Russia

Russia Car Rental Market by Type (App Based Taxi Aggregator, Self Drive Rental Car, Chauffer Driven Rental and Taxi Services), and by Off-Airport On-Airport Outlook To 2022" provides a comprehensive analysis of car rental market introduction and genesis, market size by revenue and by fleet, chauffer driven car rental market, App based cab aggregator market, self drive car rental market.The report also provides data points on Russia Car Rental market by type (Chauffer driven car rental and taxi service, app based cab aggregator and self driven car rental), by region (Moscow Region, St. Petersburg Region, Cities with Population more than 1 million, Cities with Population Between 0.5-1 Million and Others), by on air port and off airport, App based taxi aggregator by type of car (budget, comfort and executive), Self drive car rental by type of booking (online and offline), by type of demand (business, leisure and insurance replacement) along with company profile of major players in Chauffer driven car rental (Lingotaxi, Logitaxi, Kiwitaxi, Maxim, Vezyot, Citymobil), Self drive car rental company (Hertz, Avis, Europcar, Sixt, EleksPolys, Delimobil, Belka car and Other), App Based Cab aggregator (Yandex, Gett, Altocar, Indrive, and Wheely). The report also covers SWOT analysis, Rules and regulation, snapshot on Karshering and Illegal taxi (Gypsy cabs) along with analyst recommendation and macroeconomic variables.

The report is useful for car manufacturing companies, taxi companies, potential entrants and other stakeholders to align their market centric strategies according to ongoing and expected trends in the future.

Russia Car Rental Market Size and Overview
Market Size: Taxi business in Russia is moving towards the organized sector with increasing participation of drivers opting for registered taxis and permits. Post 2014, using a taxi in Moscow has become ~% cheaper and the estimated average waiting time is reduced to ~ minutes in 2017. The car rental market size has increased from USD ~billion in 2012 to USD ~ billion in 2017. Growth was highest in 2016 when the three major companies Yandex Uber and Gett were competing with each other to gain more market share. The estimated number of taxis during the same period increased from ~ thousand to ~ thousand. Growth in App based market was highest.
Market Segmentation: Car rental in Moscow generated estimated revenue of USD ~ million in 2017. St.Petersburg was second largest market with more than ~ taxis generating revenue of USD ~ million. Cities with more than a million population generated USD ~ million in 2017. Medium sized cities with population between ~ million generated USD ~ million and had more than ~ thousand legal taxis plying on the road. Cities with less than ~ million people had very little demand for taxis generating estimated revenue of ~ million with approximately ~ thousand registered commercial cars. On-airport demand for taxis was among the largest business segment generating estimated revenue of USD ~ million through ~ million taxi bookings.
Russia Chauffer Driven Car Rental and Taxi Services Market
Market Size: The market size increased from USD ~ billion in 2012 to USD ~ billion 2017 registering a five year CAGR of ~%. Growth was mainly on account of legalization of taxi business in Moscow and other major cities. Citymobil and Vezyot were leading dispatcher taxi service providers in the country. Airport transports contributed the major part of high value taxis transports. Corporate booking for transporting company officials contributed the majority of long term chauffer driven rental.
Market Segmentation: Tour operator services generally cater the domestic and international tourists. Large Corporation especially those associated with manufacturing, surveying and project based work engage the services of transport companies to provide long term rental. Dispatcher taxi companies mainly serve the purpose of connecting cars of many taxi services with the customer. Vezyot, which is Russia’s largest taxi firm, carried out ~ million rides across 120 cities in October 2017. Ride sharing market in Russia is on rise.
Future Outlook: It is expected that market for chauffer driven car rental and dispatcher taxi service will decline from USD ~ billion in 2018 to USD ~ billion in 2022. Long term and short term rental car market will largely be able to retain their market. However it is expected that majority of the transactions will move online. Majority of the dispatcher service business will be converted into app based cab booking service. Demand for domestic tourism is on rise in Russia and it is expected to maintain the momentum in future as well. Fifa world cup 2018 is expected to boost both domestic and international tourist movement in 2018.
Russia App Based Taxi Aggregator Market
Cab aggregators provide the technology platform for the users to book cabs via app and charge the drivers/ car owners a commission fee (~%) of the ride amount on every ride taken through their application. The market size for app based taxi aggregator increased by more than 1,100 times from USD ~ million in 2012 to USD ~ million 2017 and registered a five year CAGR of ~%. Yandex Taxi (Combined Entity with Uber), Gett were major players in this market.
Economy cars allow upto 4 passengers make it ideal for both individuals as well as families its low cost of travel and much better facilities make it command a staggering ~% market share by revenue. Comfort class was second most popular segment followed by executive. Yandex was the largest player in Russia online cab aggregator market. In 2017, it commanded an estimated market share of ~% in Russia cab aggregator business. Gett share was estimated at ~% of the total market on the basis of gross value for booking cabs through app. Other car companies contributed ~% of the revenue which mainly included Wheely, Indrive, and Altocar.
The app based cab aggregator market is expected to grow from USD ~million in 2018 to USD ~ million in 2022 registering a five year CAGR of ~%.
Russia Self Drive Car Rental Market
An estimated ~ are available for rent in self drive car rental format. The number of cars declined from ~ in 2012 to ~in 2017. Stiff competition, price war and improving substitute services were the main reason for decline.
Revenue from online booking in self drive car rental market has increased from USD ~ million in 2012 to USD ~ million in 2017). Decline in share of offline booking was mainly on account of increased penetration of internet, ease of payment through online mode and exciting offers which can be availed by online booking. Demand from business segment was highest and accounted for ~% of the business it was followed by leisure and insurance replacement.
Hertz was the largest self drive international car rental company in Russia in 2016. Other major car rental companies include delimobile, Naprokat, Easyride, Belka, Sixt, Europcar, EleksPolyus and others
The market for self drive car is expected to remain near constant with revenue generation increasing from USD ~ million in 2018 to USD ~ million in 2022. Revenue generation may increase drastically if karshering becomes a popular trend in Russia which offers car on per minute rental.
Future Outlook to Russia Car Rental Market
Market for car rental in Russia is expected to grow from USD ~ billion in 2018 to USD ~ billion in 2022 registering a five year CAGR of ~%. Technology is expected to have very deep impact on the car rental market and it is expected that car rental services will undergo a major overhaul in next few years. Share of illegal taxis will decline to minimum, regulations governing the taxi market will become clearer and the market will become more user friendly due to improvement in technology and connectivity. Online and app based car rental will gain significant market whether it is in cab aggregator business or in self drive car rental market. Development and use of driverless cars is another concept on which work is in progress with significant developments.
Key Topics Covered in the Report
  • Russia car rental market introduction
  • Russia car rental market size
  • Russia car rental market segmentation by region
  • Russia car rental market segmentation by on-airport and off-airport.
  • Russia chauffer driven car rental market size by revenue.
  • Russia chauffer driven car rental market segmentation by type (Tour Operator, Log term company leasing, dispatcher service and Ride sharing services).
  • Russia chauffer driven car rental market future outlook.
  • Russia App based Taxi Aggregator Market Size
  • Russia App based Taxi Aggregator market segmentation by type (Economy, comfort and executive) of car booking.
  • Market share of major player (Yandex, Gett and others) in Russia App based Taxi Aggregator market
  • Russia self drive car rental Market Size
  • Russia self drive car rental market segmentation by type of booking (online and offline) and type of demand (Business, Leisure, and insurance replacement).
  • Market share of major player (Hertz, Europcar, Avis, Sixt, Elekspolyus and other) in Russia self drive car rental market.
  • Rules and regulations in Russia car rental market
  • Growth drivers in Russia car rental market
  • SWOT analysis
  • Snapshot on Illegal taxi market
  • Future Outlook to Russia Car rental Market
  • Analyst Recommendation
  • Macro economic factors affecting Russia car rental Market
Contact Us:
Ken Research
Ankur Gupta, Head Marketing & Communications
ankur [@] kenresearch.com
+91-9015378249
Posted by at 3 comments:
Labels: , ,

Vietnam Healthcare Market Will be led by Progressive Policies Adopted by the Government & Rise in Average Income of the Middle Class Population of the Country: Ken Research

The growth in the Healthcare industry of Vietnam can be attributed to the increasing and ageing population, reduction in poverty along with rise in demand for healthcare services due to increase in average income of middle class in the country.
Vietnam is one of the fastest growing economies in South-East Asia. The country has transformed from one of the poorest countries to a lower middle-income country in the past few decades. There has been a dramatic reduction in poverty and the country has made significant advances in provision of basic services to its citizens. The access to basic healthcare services has also improved. However the pressure on public healthcare facilities (hospitals, clinics, diagnostic laboratories etc.) has increased substantially in recent years. Considering the limitations of a government dominated sector and the need to expand, the government has deregulated the healthcare sector and allowed private investment into the industry.
Vietnam has one of the fastest growing pharmaceutical markets in South-East Asia, which is majorly dependant on imports. Prevalence of a number of chronic diseases in the country has made it imperative to import medicines. The indigenous pharmaceutical companies majorly produce generic drugs while international companies can distribute their products only in partnership with a local company. The medical devices market similar to the pharmaceutical market is majorly dependant on imports. Currently most of the hospital, clinics and diagnostic labs use outdated technology due to lack of government funding in this sector. However, with the increase in private investment in hospitals, clinics and labs these outdated devices are gradually being updated. Devices for imaging and orthopedic devices and implants contribute a major share of revenue to the market. The number of hospitals has gradually increased in the country. Most of the hospitals and clinics in the country are run by the government and they are not adequate enough to cope up with the demand of the ever increasing population. With deregulation of the healthcare sector a number of new hospitals have already come up and stocks of public hospitals are available in the market for national and international healthcare firms and private investor to invest into. Similar to the hospitals and clinics, most of the diagnostic laboratories in Vietnam are owned and operated by the government. With the rise in population of the country there has been a significant increase in demand for diagnostic tests. The number of private labs is increasing and private investment into the sector is expected to increase in the future.
The report titled “Vietnam Healthcare Market by Industry Type (Hospitals & Clinics, Diagnostic Labs, Pharmaceutical and Medical Devices) –Outlook to 2022” by Ken Research suggested a growth at a positive CAGR in revenues in Vietnam Healthcare market in the next 5 years till 2022, due liberalization of the healthcare sector by the government and increase in average income of middle class.
Key Topics Covered in the Report:
Revenue of Laboratories by Type of Test in Vietnam
Diagnostics Laboratories in Vietnam
Vietnam Medical Devices Market Size
Vietnam Healthcare Market Size
Vietnam Ophthalmic Instruments Market Consumption
Vietnam Pharmaceuticals Market Size
Market share of Major Hospitals in Vietnam
Vietnam Pharmaceuticals Market Segmentation
For more information on the research report, refer to below link:
Related Reports by Ken Research
Contact:         
Ken Research
Ankur Gupta, Head Marketing & Communications
+91-124-4230204
Posted by at No comments:
Labels: , , ,

Mexico Wind Power Market Outlook to 2030: Ken Research

Wind Power in Mexico, Market Outlook to 2030, Update 2017-Capacity, Generation, Levelized Cost of Energy (LCOE), Investment Trends, Regulations and Company Profiles", is the latest report from GlobalData, the industry analysis specialists that offer comprehensive information and understanding of the Wind Power Market in Mexico.

The report provides in depth analysis on global renewable power market and global wind power market with forecasts up to 2030. The report analyzes the power market scenario in Mexico (includes conventional thermal, nuclear, large hydro and renewable energy sources) and provides future outlook with forecasts up to 2030. The research details renewable power market outlook in the country (includes wind, small hydro, biopower and solar PV) and provides forecasts up to 2030. The report highlights installed capacity and power generation trends from 2006 to 2030 in Mexico wind power market. A detailed coverage of renewable energy policy framework governing the market with specific policies pertaining to wind power is provided in the report. The research also provides company snapshots of some of the major market participants.

The report is built using data and information sourced from proprietary databases, secondary research and in-house analysis by GlobalData'steam of industry experts.

Scope
The report analyses global renewable power market, global wind power (Onshore and Offshore) market, Mexico power market, Mexico renewable power market and Mexico wind power market. The scope of the research includes

A brief introduction on global carbon emissions and global primary energy consumption.
An overview on global renewable power market, highlighting installed capacity trends, generation trends and installed capacity split by various renewable power sources. The information is covered for the historical period 2006-2016 (unless specified) and forecast period 2016-2030.

Renewable power sources include wind (both onshore and offshore), solar photovoltaic (PV), concentrated solar power (CSP), small hydropower (SHP), biomass, biogas and geothermal.
Detailed overview of the global wind power market with installed capacity and generation trends, installed capacity split by major hydropower countries in 2016 and key owners information of various regions.

Power market scenario in Mexico and provides detailed market overview, installed capacity and power generation trends by various fuel types (includes thermal conventional, nuclear, large hydro and renewable energy sources) with forecasts up to 2030.

An overview on Mexico renewable power market, highlighting installed capacity trends (2006-2030), generation trends(2006-2030) and installed capacity split by various renewable power sources in 2016.

Detailed overview of Mexico wind power market with installed capacity and generation trends and major active and upcoming wind projects.

Deal analysis of Mexico wind power market. Deals are analyzed on the basis of mergers, acquisitions, partnership, asset finance, debt offering, equity offering, private equity (PE) and venture capitalists (VC).

Key policies and regulatory framework supporting the development of renewable power sources in general and wind power in particular.

Company snapshots of some of the major market participants in the country.

Key Topics Covered in the Report:
Mexico Wind Power Market Outlook
Mexico Wind Power Market Research Report
Mexico Wind Power Market Trends
Mexico Wind Power Market SWOT Analysis
Mexico Wind Power Industry Research
Mexico Wind Power Market Volume
Mexico Wind Power Market Growth
Mexico Wind Power Market Demand
Wind Power in Mexico
Mexico Wind Power Market Revenue

To know more, click on the link below:
https://www.kenresearch.com/energy-and-utilities/power/wind-power-in-mexico-market-outlook-to-2030-update/142626-103.html

Related reports
https://www.kenresearch.com/energy-and-utilities/clean-technology/wind-power-in-czech-republic-market/142458-103.html

https://www.kenresearch.com/energy-and-utilities/clean-technology/wind-power-india-market/135940-103.html

Contact:        
Ken Research
Ankur Gupta, Head Marketing & Communications
sales@kenresearch.com
+91-124-4230204
Posted by at No comments:
Labels: , , ,

Monday, January 22, 2018

Global Solar Photovoltaic Market Research Report: Ken Research

Solar Photovoltaic (PV) Market, Update 2017-Global Market Size, Average Price, Module Market Share, and Key Country Analysis to 2025", is the latest market analysis report from Global Data, the industry analysis specialists that offer comprehensive information and understanding of the global PV market.

The report provides an overview and detailed insight into the Global PV Market. The report covers information related to PV installed capacity, generation, average system price, market size, segmentation by end users, segmentation by grid connectivity, major module suppliers market share and some of the key drivers, restraints and challenges for global solar PV market as well as for eleven key countries. Countries covered in the report include UK, Germany, France, US, Brazil, Canada, India, Japan, South Africa, China and Republic of Korea.

The report uses data and information sourced from proprietary databases, primary and secondary research, and in-house analysis by GlobalData'steam of industry experts.

Scope
The report includes
Detailed analysis of global solar PV market with focus on eleven key countries from different regions.
The countries covered in the study are UK, Germany, France, US, Brazil, Canada, India, Japan, China, Republic of Korea and South Africa.
Information on historic (2006-2016, unless specified) and forecast data (2017-2025) for key market parameters in solar PV industry.
The report provides detailed historic and forecast statistics for cumulative and annual solar PV capacity and annual electricity generation from 2006 to 2025, globally, regionally, and for each of the key countries.
Coverage of the key growth drivers and challenges related to global and each country’s solar PV market.
Market size and average system prices data at country and global level
Market share of the major PV module suppliers at global and country level
Installed capacity split by type of installations, by end user segment, and by grid connectivity at country level.
Key policies and regulatory framework supporting the development of PV market

Key Topics Covered in the Report:
Global Solar Photovoltaic Market Research Report
Global Solar Photovoltaic Market
Global Solar Photovoltaic Market Size
Global Solar Photovoltaic Market Trends
Global Solar Photovoltaic Market Analysis
Europe Solar Photovoltaic Market Outlook
Global Solar Photovoltaic Market Share
Global Solar Photovoltaic Market Growth
Global Solar Photovoltaic Market Demand
US Solar Photovoltaic Market Revenue

For more information on the research report, refer to below link:
https://www.kenresearch.com/energy-and-utilities/clean-technology/solar-photovoltaic-market-update-2017-global/142625-103.html

Related reports
https://www.kenresearch.com/energy-and-utilities/clean-technology/solar-photovoltaic-pv-in-czech-republic-market/142459-103.html

https://www.kenresearch.com/energy-and-utilities/clean-technology/solar-photovoltaic-pv-india-market/135941-103.html

Contact:        
Ken Research
Ankur Gupta, Head Marketing & Communications
sales@kenresearch.com
+91-124-4230204
Posted by at No comments:
Labels: , , ,

Kuwait Logistics Market Outlook to 2022: Ken Research

The report titled “Kuwait Logistics Market by Service Mix (Freight Forwarding Market, Warehousing Market and Value Added Services), by Third Party Logistics, By Cold Chain Logistics and by End Use Industries (Oil & Gas, Engineering Equipment, Food & Beverages, Metals, Automotive and Others) - Outlook to 2022” provides a comprehensive analysis of the logistics market in Kuwait. The report covers various aspects such as overall market size of Kuwait logistics, freight forwarding, warehousing, cold chain, third party logistics, express market in terms of value, segmentation on the basis of service mix (freight forwarding market, warehousing market and value added services) and by type of end use industries (oil & gas, engineering equipment, food & beverages, metals, automotive and others). The report also covers value chain analysis for logistics market, comparative analysis of Kuwait logistics market with other GCC logistics market, trends and developments, issues and challenges, industry norms and regulations and recent developments in the market. The report also covers the competitive landscape of the industry and comprehensive profile of leading and emerging players operating in the market.
The report includes future outlook and projections of the Kuwait logistics market, freight forwarding market, cold chain market, warehousing market, 3 PL market and express logistics market. Major macroeconomic indicators and upcoming projects affecting the market have also been highlighted in the report. The report also serves as a competitive scenario for each market which exists in logistics industry to get an in-depth understanding of logistics sector in Kuwait.
Kuwait Logistics Market
The logistics market encompasses of freight forwarding, warehousing and value added services provided by domestic and international players. Market has witnessed a modest growth rate in past few years owing to the increase in the export and imports of the country and expanding e-commerce industry. The logistics market has increased at a CAGR of ~ % during 2012-2017. The market has increased from USD ~ million in 2012 to USD ~ million during 2017. Fall in oil prices since 2015 has affected the overall economic growth and export revenue of Kuwait in the past three years. This has affected the growth of logistics sector in recent years but as oil prices relatively recovered during 2017, logistics sector in Kuwait has witnessed improved growth rate. Rising industrial activities, increasing retail and manufacturing output have also driven the demand of logistics services in the country. Freight forwarding is the major contributor in the revenues of the industry contributing the percentage share of ~% in 2017, followed by warehousing (~ %) and value added services (~ %) during 2017.
Kuwait Freight Forwarding Market
The market has increased from USD ~ million during 2012 to USD ~ million during 2017 at a CAGR of ~% during 2012-2017. Expanding industrial activities, rising demand of online shopping and improving trade policies have driven the demand of freight forwarding industry in the country. Normal delivery has contributed a share of ~% (USD ~ Billion) in terms of revenues of the overall industry during 2017. Majority of the freight movement during this period has been undertaken through the Asia, North America and European Union flow corridor which accounted for a share of ~%, ~% and ~% respectively. Major players in Kuwait Freight Forwarding market are Global Logistics Group, Ability Trading & Logistics, Absolute Logistics and others.
Kuwait Warehousing Market
Kuwait warehousing market has increased from USD ~ million in 2012 to USD ~ million in 2017, growing at a CAGR of ~% during the period. The country is experiencing a major rise in the demand for warehousing services. Industrial retail has been the leading segment in the warehousing industry contributing ~% (USD ~ million) of the market share in terms of revenues in 2017. The expanding e-tail companies in the country have also triggered the growth of the warehousing industry in the country. The growth in the market is also driven by increased demand for outsourcing of warehouse services. Vendors in the market provide multiple value-added services to customers, including packaging and kitting, inventory management and others which is difficult to maintain during in-house warehouse operations. This has accelerated the demand of warehousing on lease and rent basis. Major players in Kuwait warehousing market include Mubarrad Transport Company, AGTUS, Move One Relocation and Compass Ocean Logistics.
Kuwait Third Party Logistics Market
Third party logistics has witnessed a robust growth in the past few years in Kuwait. The market is growing at a CAGR of ~% during 2012-2017, increasing from USD ~ million during 2012 to USD ~ million during 2017. Third-party logistics (3PL) outsourcing is rapidly gaining prominence as more corporations across the world are unable to manage their complex supply chains and hence are outsourcing logistics activities to the 3PL service providers. By outsourcing logistics activities to the 3PL service providers, corporations are able to solely concentrate on their core business operations resulting in cost-efficiency and improved delivery performance and customer satisfaction. The dominating companies in the segment are Mubarrad Transport Company, Trade Links, White Stores Company and others.
Kuwait Express Logistics Market
Kuwait express logistics market has grown from USD ~ million during 2012 to USD ~ million during 2017 at a CAGR of ~% during 2012-2017. The rising prominence of online shopping has majorly attributed to the increasing demand for express delivery, especially by B2C segments in past few years in the country. Air express has dominated the market of Kuwait express logistics during 2017. The dominating companies in the segment are Fed Ex, Aramex, DHL, UPS and others.
Kuwait Cold Chain Logistics Market
Kuwait cold chain market has augmented from USD ~ million during 2012 to USD ~ million in 2017 at a CAGR of ~% during 2012-2017. This growth was due to the increasing demand of cold chain logistics for preservation of fruits and vegetables coupled with the active participation by the pharmaceutical industry which has also registered substantial growth in the kingdom. The cold chain logistics has been largely dominated by cold storage which has contributed the largest share of ~% in the overall cold chain market during 2017. Cold transport has contributed a share of ~% in terms of revenues during 2017. Meat & sea food has contributed ~% in terms of revenues in overall market of cold chain. Vaccines and pharmaceuticals have contributed ~% in terms of revenues in overall market of cold chain during 2017.
Kuwait Logistics Market Future Outlook
Kuwait logistics market is expected to increase at a CAGR of ~% during 2018 to 2022 to reach at USD ~ million by 2022. Freight forwarding services will majorly contribute in the overall market of logistics with the share of ~% during 2022. This incline in share of the freight forwarding market will be on the account of various expansion projects. Rising retail and FMCG industry of the country will accelerate the demand for warehouse storage, transportation & logistics facility in upcoming years. Most of the FMCG & retail companies in the country require warehousing and cold storage to accommodate all the products safely. Warehousing industry will contribute a market share of ~% in terms of revenue during 2022.
Key Topics Covered in the Report:
  • Logistics Infrastructure in Kuwait
  • Value Chain Analysis for Kuwait Logistics Market
  • Kuwait logistics market size
  • Major Players in Kuwait Logistics Market
  • Competition in Kuwait Logistics Market
  • Kuwait Logistics Market Future Growth
  • Mubarrad Transport Market Share Logistics Industry Kuwait
  • Agility Fleet Size Kuwait
  • Future of Kuwait Logistics Market
  • Government Spending on Logistics and Infrastructure Kuwait
  • Globe Express Services market logistic sector
  • DHL revenue Kuwait Logistics
  • Aramex competition Kuwait logistics
  • Kuwait Freight Forwarding Revenue
  • Freight Forwarding Companies in Kuwait
  • Sea Freight, Land Freight, Air Freight Demand
  • Growth Freight Forwarding Market Kuwait
  • Kuwait Cold Chain Revenue
  • Cold Storage Warehouses in Kuwait
  • Cold Transport Services in Kuwait
  • 3PL Companies in Kuwait
  • Third Party logistics industry Kuwait
  • Market share leading companies Kuwait 3PL
  • Globe Express Services Revenue from Logistics
  • Kuwait Express logistics revenue 2017
  • International domestic revenue Kuwait logistics
  • Growth Kuwait Express Logistics Industry

Source: https://www.kenresearch.com/automotive-transportation-and-warehousing/logistics-and-shipping/kuwait-logistics-market-research-report/142296-100.html
Contact Us:
Ken Research
Ankur Gupta, Head Marketing & Communications
ankur [@] kenresearch.com
+91-9015378249
Posted by at No comments:
Subscribe to: Posts (Atom)