Thursday, January 30, 2020

UAE Real Estate Market is driven by the Rising Demand for Retail and Residential Spaces owing to Increased Expatriate Movement, Government’s Pro Real Estate Policies and Rising Foreign Direct Investments: Ken Research

“Initiatives such as UAE central bank mortgage cap, approval of the Dubai Urban Planning Framework and consolidation of real estate players in Abu Dhabi helped in tightening control on real estate market conditions.”
Growth in the Tourism Sector: The country’s travel and tourism sector have emerged out to be the most developed and strongest non-oil services sector in recent years. During 2017, the direct contribution of travel and tourism to the overall GDP was approximately AED 68.5 billion which comes out to be 5.2% of the total GDP of UAE. The travel and tourism sector directly supported around 317,500 jobs in the UAE which is 5.4% of total employment during 2017-2018.
Rising FDI Investment: In order to improve the business environment in the UAE, the Government has allowed 100% ownership of business being set up in the free zones in the UAE. This had helped in boosting the confidence of investors in the UAE market and resulted in an increase in the inflow of human capital and foreign investments into the country which in turn has increased the demand for real estate spaces in the UAE.
UAE Vision 2021: In line with UAE Vision 2021 and the state's rehabilitation plan for the post-oil era, the state-enforced policies to diversify the economy away from oil and transition into a highly productive and competitive knowledge economy. Investments in the construction of projects for the global event Expo 2020 such as the expansion of Abu Dhabi Airport in Abu Dhabi Emirate, expansion of Al Maktoum International Airport in Dubai and other railway and road infrastructure has contributed to the country’s real estate infrastructure growth.
UAE Real Estate Market
Introduction of VAT: Introduction of Value Added Tax in the UAE had minimal effect on the residential real estate market, however; it has affected the retail and hotel sectors quite significantly. The landowners of the retail and hotel sector have found it difficult to pass on the tax amount to the tenants as a 5.0% rise in the rental rates will adversely affect the subdued market and therefore decided to absorb the tax amount among them.
The report titled “UAE Real Estate Market Outlook to 2025 – By Office Real Estate Market (Premium, Type A, and Type B), By Retail Real Estate Market (Super-Regional Malls, Regional Malls, Community Centres, Neighborhood Malls, and Convenience Centres), By Residential Real Estate Market (Apartment and Villas), and By Hotel Real Estate Market (1-3 Star, 4 Star, 5 Star, and Hotels Apartments)” by Ken Research suggested that the real estate market in UAE will witness growth in each of its sub-segments. The government’s policies favoring the real estates market such as the UAE Vision 2021 and the introduction of Ejari with the dynamics of international companies migrating to the UAE due to the flexible operational system will elevate UAE’s Real Estate Market to greater heights. Dubai’s office market supply (in GLA), retail market supply (in GLA), residential market supply (in units) and hotel market supply (in total number of keys) is projected to grow by a CAGR of 3.2%, 4.8%, 8.1%, and 5.0% respectively over the forecast period 2018-2025.
Key Segments Covered:-
UAE Real Estate Market
By Geography:
Dubai
Abu Dhabi
Ajman
Sharjah
Fujairah
Umm-Al-Quwain
Ras-Al-Khaimah
UAE Office Real Estate Market
By Type:
Premium Office
Type A Office
Type B Office
UAE Retail Real Estate Market
By Type:
Super-Regional Mall
Regional Mall
Community Center
Neighborhood Center
Convenience Center
UAE Residential Real Estate Market
By Type:
Apartments
Villas
UAE Hotel Real Estate Market
By Type:
1-3 Star Hotels
4 Star Hotels
5 Star Hotels
Hotel Apartments (Deluxe/Superior/ Standard)
Key Target Audience
Real Estate Developers
Independent Investors
Real Estate Consulting Companies
Third-Party Real Estate Companies
Independent Architects
Industry Associations
Government Agencies
Time Period Captured in the Report:
Historical Period – 2013 - 2018
Forecast Period – 2019F – 2025F
Real Estate Developers Covered:
EMAAR Properties
DAMAC Properties
Nakheel Properties
Meraas
Aldar Properties
Manazel Real Estate
Aziz Developments
Case Studies Covered:
Sense-R (Virtual Reality)
Take Leap (Virtual Reality)
AirBnb (Shared Economy)
Property Finder
Bayut UAE
Abu Dhabi Mall
Yas Mall
Marriot International Group
Novotel Abu Dhabi
Surf, Abu Dhabi Creek Harbor
Emaar Business Park
Key Topics Covered in the Report:-
FDI in UAE Real Estate Market
Fujairah Real Estate Market
Future of UAE Real Estate Market
Industrial Real Estate Market in UAE
Major Co-Working companies UAE
Manazel Real Estate Market Growth in UAE
Meraas Projects and Recent Developments in UAE
Nakheel Properties Market Competitors
Northern Emirates Real Estate Market
UAE Real Estate Online Classifieds Business Model
Prop Tech Market Analysis UAE
Property Technology Providers UAE
For More Information On The Research Report, Refer To Below Link:-
Related Reports by Ken Research:-
Contact Us:-
Ken Research
Ankur Gupta, Head Marketing & Communications
Ankur@kenresearch.com
+91-9015378249
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Location: United Arab Emirates

Rise in Tire Manufacturing Equipment Plants Expected to Drive Global Tyre Curing Press Market: Ken Research

Tire curing press is a device used for providing a final shape to prepared tires by applying pressure. It has become a crucial part of various industries, including aviation and automotive. Its selection depends upon the control system type, heating process, green tire stands type, and applications for instance floor construction or foundation pit erection, and operating cavities type among others. Tire curing press comes with a long column design using a locking and squeeze system as per specifications that provide both common and independent controlled presses. It is classified in two types: mechanical tyre curing press and hydraulic tyre curing press. Mechanical press holds the mold closed via toggle linkages. Whereas hydraulic press uses hydraulic oil for machine motion and lock the mold with a breech-lock mechanism. There are two generic mold types including segmental molds and two-piece molds.
The key advantages are included ease of maintenance; maximize machine efficiency, increased productivity of tires, increased bladder life and quick bladder change.
According to study, “Global Tyre Curing Press Market 2019 by Manufacturers, Regions, Type and Application, Forecast to 2024” the key companies operating in the global tyre curing press market are HF TireTech, Hebert, Kobe Steel, McNeil & NRM, MHIMT, CIMA Impianti, Larsen & Toubro, Santosh Engineering, Specific Engineering, Alfred Herbert, Sanming Double-Wheel, Rogers, Guilin Rubber Machinery, ROTAS, SCUT Bestry, Greatoo, Shenghualong, MESNAC, Deshengli, Sinoarp, Linglong, Linsheng, Doublestar, Himile, BBD, Gold Hawk.
Based on type, tyre curing press market is segmented into hybrid curing press machine, mechanical curing press machine, and hydraulic curing press machine. The hydraulic tire curing press segment is expected to witness enormous growth as it offers smoother operation and produces less noise during the curing process in comparison to mechanical tire curing press during the forecast period. Based on production process, market is segmented into raw material mixing and rubber sheet molding. Based on application, market is segregated into ordinary tire and radical tire. In addition, based on vehicle type, market is segmented into commercial vehicles and passenger cars.
The tyre curing press market is driven by rise in demand for cured tires for aviation vehicles, commercial vehicle, passenger car, and off-the-road equipment, followed by growth in technological advancements, rise in tire manufacturing equipment plants, and the low maintenance costs of tire curing presses. However, lack of awareness among manufacturers about the benefits of tire curing press may impact the market. Moreover, increase in demand for durable tires is a key opportunity for market.
Based on geography, the Asian-Pacific region holds major share in tyre curing press market owing to rise in investments to increase the production of green tire and growth in disposable income in countries such as India and China in the region. Whereas, the European and North-American regions are estimated to witness higher growth rate due to presence of several tire curing press manufactures and stringent government regulations to reduce greenhouse emission from vehicles over the forecast period. In near future, it is projected that the market will be reached at rapid pace as a result of integration of various functions and easy-to-service design during the forecast period. The global market is anticipated to grow at a CAGR of approximately 0.4% over the next five years, will reach US $1040 million in 2024, from US $1010 million in 2019.
To know more, click on the link below:-
Global Tyre Curing Press Market Research Report
Related Reports:-
Global Tyre Curing Press Market Status (2015-2019) and Forecast (2020-2024) by Region, Product Type & End-Use
Global Tyre Curing Press Market Status and Future Forecast 2015-2024
Contact Us:-
Ken Research
Ankur Gupta, Head Marketing & Communications
ankur@kenresearch.com
+91-9015378249

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Ever-Lasting Landscape of the Worldwide Blockchain in Logistics Market Outlook: Ken Research

Blockchain discovers more and more markets on the daily basis. The technology of blockchain is a records of the digital database or the block of unchallengeable and corroborated transactions. The technology of blockchain performs as an open ledger, such that each transaction on the connection is recorded and is made prevail for all the personalities or the participants comprised in the connection to see and modify them. Hence, the technology of blockchain decreases the requirement to transfer the information among the organizations through the mail or any other communication media. In addition, the foremost benefit of the blockchain is its transparency and capability to optimize the ecosystems of the digital information.

Comprehending the choices of the blockchain, several startup corporates are starting to utilize this prominent technology even in the location that have nothing to do with the cryptocurrencies and finance. The industry of logistics comprises several entities such as consumers, manufacturers, suppliers, auditors and several others. The blockchain technology suggest advantages for everyone in this chain. It also enables the consumers to track the product and trace the entire chain of the product manufacturing. Nonetheless, the auditors can conveniently verify and check any transactions. The stored information in the blockchain is unalterable, it cannot be changed by any third party, which makes this technology more protective than any prevailing solution.

According to the report analysis, ‘Global Blockchain in Logistics Market 2019 by Company, Regions, Type and Application, Forecast to 2024’ states that in the worldwide blockchain in logistics market, there are numerous players which presently functioning more actively for leading the fastest market growth and registering the handsome value of market share across the world during the short span of time while increasing the applications of the blockchain in logistics, developing the technologies, studying the rules and regulations of the government, increasing the requirement of the product, deducting the associated cost and analyzing the competitor’s strength more actively includes Maersk, Microsoft, Alibaba, Amazon, Wal-Mart, Lynx (Alibaba), ShipChai and several others.

Although, the blockchain technology in logistics proved to be more promising to generate the transparency of all the documents and transactions around the freight scenario, ultimately growing the proficiency, agility and innovation of the supply chains.

Blockchain is a distributed ledger that virtually records history of the transactions among the parties. Information gets stored in the books of the data that are “chained” together. Every data block added to a chain is date stamped, exclusive and encrypted, which creates it unalterable. Information in a blockchain can’t be hacked or counterfeited and is immediately “trusted”, and therefore, implemented by anyone with the admittance to your chain.

Not only has this, each transaction becomes an everlasting ledger record that’s conveniently validated by anyone with admission to the chain. Utilizing the data from a blockchain, the network members can authenticate the block or payload of the transaction, making a transparent and proficient system for supervising all the documents and transactions comprised in the logistics and supply chain procedure. Owing to all the above applications of blockchain technology in logistics the market will increase around the globe more significantly over the upcoming years.

For more information, click on the link below:
Global Blockchain in Logistics Market

Contact Us:    
Ken Research                                   
Ankur Gupta, Head Marketing & Communications
Ankur@kenresearch.com
+91 9015378249
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India Ed-Tech Driven Career Programs Market is Driven by High Up-Skilling and Re-Skilling Needs of Working Professionals Coupled with their Inability to return to Higher Education programs: Ken Research

The Ed-Tech Driven Career Programs Market in India saw high investor attractiveness both in terms of internal & external funding; which were collectively evaluated at USD 700 million in the year 2018 across 56 deals from USD 32.6 million during 2014 across 32 deals.
Key Course Domains: Changing job roles have come into the force with the emergence of technologies such as AI, ML, and Block-chain and Cloud computing which make up the major areas of demand by working professionals. Data science, analytics, digital marketing & software development sector also suffers from major demand-supply gaps in the industries and makeup high paying jobs currently, therefore, promoting the need to up-skill in these domains.
Key Pocket Areas: Major target audience consisting of working professionals in India resides in both Tier 1 and Tier 2 cities with Bangalore, Hyderabad, Mumbai Delhi NCR, Kolkata, Chennai, and Pune mapped as major cities for tech, data, marketing, product, management, and leadership-based programs. These cities are the major job hubs for IT, BFSI; Retail & Telecom based industries and hence make up the highest demand for Ed-Tech companies both in terms of enrolment and program spending.
SPOC Models Dominating in India: SPOC (Small Private Online Courses) programs are relatively becoming more popular from a user satisfaction point of view as MOOCs restrict user interaction and don’t facilitate in-depth learning. SPOC programs have significantly higher completion rates and are generally focused on targeted domains and taken up by the specific audience. The competitive space of SPOC models is also gaining traction with negligible restrictions on competitive entry.
EduTech market in India
Growing Popularity of LMS based Platforms within India: The concept of LMS i.e. learning management systems started gaining popularity owing to increasing internet and smartphone penetration coupled with the advent of high-speed internet in the country. LMS based system helps to work across different web-based platforms and the technology has found its way in both education and the business world. In the near future, its implementation is going to increase along with the country’s supporting IT infrastructure. Popular LMS systems operating within India include Open Source LMS, Proprietary Standard LMS, and Cloud-based LMS.
The report titled “India Ed-Tech Driven Career Programs Market Outlook to 2025 – Increasing Technological Capabilities of Ed-Tech Companies to Increase Program Enrolments and Spend in Future” by Ken Research suggested that the adoption of Ed-Tech Based Up-Skilling & Re-Skilling Programs in India is growing. The government’s policies favoring the easy entry of players into the Ed-tech sector, the incoming of new sector-wise trends necessitating the need for additional up-skilling, along with the increasing acceptance of online higher education-based programs will elevate the market. Enrolment in Ed-tech driven higher & professional education programs is projected to grow at a CAGR of 20.3% while the student program spend is projected to rise at 22.5% during the forecast period 2019-2025.
Key Segments Covered:-
By Ed-Tech Driven Higher & Professional Education Program Segment
UG
PG
MDP
B2B
By Higher Education Course Segment
UG
PG
Diploma
Integrated
Certificate
Key Target Audience
Ed-Tech Companies
Independent Investors
Venture Capital Firms
Universities
Corporate Training Companies
Government Ministries
Time Period Captured in the Report:
Historical Period – 2013-2019
Forecast Period – 2019-2025
Companies Covered in Report:
upGrad
Talentedge
SimpliLearn
Talent Sprint
Great Learning
Eruditus & Emeritus
Northwest Executive Education
Hughes Global Education
VC Now
2U
Trilogy Education Services
Others (NIIT,  Intellipaat,  Imarticus Learning, Times Professional Learning, NuLearn,  Edureka,  EduKyu,  Jigsaw Academy, Analytics Vidhya, Aptus Learn & Verzeo)
Key Topics Covered in the Report:-
India EdTech Market Future Outlook
India EdTech Market Revenue
India EdTech Industry Growth
Future of Edtech in India
Major Open Online Courses Platform in India
Small Private Online Courses Platform India
Top online course provider in India
List of e-learning companies in India
Online PG Programs Market India
Online UG Programs Market India
India Online Education Industry Growth
AI Technology in Education Market India
Training Spend for Up-Skilling Employees India
Online Certificate Programs Market India
For More Information On The Research Report, Refer To Below Link:-
Related Reports by Ken Research:-
Contact Us:-
Ken Research
Ankur Gupta, Head Marketing & Communications
Ankur@kenresearch.com
+91-9015378249
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Location: India

Wednesday, January 29, 2020

Saudi Arabia Car Rental and Leasing Market Research Report to 2023: Ken Research

How Car Rental and Leasing Market Is Positioned in Saudi Arabia?
The Car Rental & Leasing Market in Saudi Arabia is currently at its growth stage. Increase in number of establishments and growing tourism industry has been complimenting the market size of this industry, coupled with increasing employment rate and GDP. The market has grown significantly during the period 2013 to 2018, though a drop has been registered in the market during 2015-2016 owing to recession period in Saudi Arabia. The Saudi Arabia car leasing segment is primarily dominated with corporate demand especially from the industries such as logistics, construction and oil and gas sector with considerable demand for transportation of equipment and employee mobility. The logistics industry has the biggest share in terms of demand followed by FMCG & E-commerce industry, while the demand from government & semi- government offices and others grew at a stable rate in 2018. The increasing market size of industries such as construction and e-commerce will directly impacts the growth rates of car rental industry in the country as with the increase in number of construction contracts, the demand for more rental car for transportation and corporate visitors will increase in the market

The increasing number of tourist arrivals especially during the festivals such as Eid Al- Fitr & Eid Al- Adha has helped the revenue to grow at a CAGR of ~% during the review period. Few of the car rental companies United International Transportation Company (Budget), Hanco rent a car, Theeb rent a car, Best rent a car, Key rent a car, Al Wefaq rent a car, Hertz rent a car, Avis rent a car, and Samara rent a car, Al Tayyar rent a car and others. These companies are providing services such as repair & maintenance, on road assistance, 24*7 customer support, comprehensive insurance package and service centre and mobile workshops etc. Nowadays, there are many rental companies that are providing limousine service to their clients to increase their client retention rate.
The market witnessed a growth at the rate of approximately ~% in terms of revenue and fleet during the review period of 2013 to 2018.

Which Type Of Vehicle Has Been More Successful In 2018?
The market is dominated by the SUV with or without luggage and pickup cargo cars based on the fleet size in 2018. This is due to the high usage of rental & leasing cars by corporate for transportation. SUV and pick cargo cars are comparatively big in size with luggage compartments and thus suitable for handling of equipments and tools. The major demand for these cars occurs from logistics, telecommunication and construction industries. In terms of rental cars, SUV is preferred as generally tourists arrive in group of 6-7 people. SUV with or without luggage and pickup cargo cars accounts for ~% share of the fleet size into car rental & leasing market in Saudi Arabia. The second most preferred vehicle in car leasing is medium category which includes cars such as Honda Accord. This is due to the increasing employment rate in the kingdom and people opt to lease cars compared to buy them as it is comparatively cheaper. The corporate demands for medium category cars for meeting the requirements for client visits and employee mobility. Medium category cars accounted for ~% share on the basis of fleet size in car rental & leasing market in Saudi Arabia.

Share of Different Regions in KSA Car Rental and Leasing Market
The central province is dominating the market in terms of fleet size in Saudi Arabia car rental and leasing market. This is due to the presence of large number of industries in this region particularly in Riyadh and Jeddah. Also, Riyadh is the most populous city in Saudi Arabia and thus, in order to capture the individual and corporate demand for leasing and rental, companies keep their maximum fleet in this region. The central region accounts for ~% share of the total fleet size in Saudi Arabia .The second ranked region in terms of fleet size is western province. This is due to the presence of institutions and universities in this region. Also, western region is the most popular tourist destination due to cities such as Mecca & Medina. These places are the major pilgrimage attractions in Saudi Arabia. Considering the demand from corporate and tourism industry, car rental companies maintain a significant number of cars in western region. Western province accounts for ~% share of the total fleet size in car rental & leasing market in Saudi Arabia.

What are the Major Challenges in the Saudi Arabia Car Rental & Leasing Market?
Saudization is posing as a major challenge for international car rental companies and car dealers. The saudization supports the employment of Saudi nationals into car rental companies and discourages foreign employees. This ban led to the shutdown of many small car rental companies in the market. This law results into low profit for the companies as they need to pay high salaries to Saudi’s workers. The car rental companies are also facing major challenge from the government initiative of developing public transport in Saudi Arabia. SAPTCO has been established in order to improve the public modes of transport. This creates a threat for car rental companies as individual would start shifting towards public mode of transport as they would be available at cheaper rates. Increased premium by insurance company on rental cars is also creating hindrance in the growth of Saudi Arabia car rental industry. Insurers hiked compulsory motor third party liability insurance premiums due to the risk and losses suffered during the period of recession. Many insurance companies now refuse to provide insurance coverage to rental companies due to which there is a situation of monopoly where the prices are in the hands of few insurance companies. As insurance is the pre-requisite demand from corporate and individuals, thus it is a big challenge for car rental companies in the market.

Key Segments Covered in Saudi Arabia Car Rental & Leasing Market
By Car Dealers & Car Rental Companies (On the basis of fleet size)
Car Dealers
Car Rental Companies

By Type of vehicle (On the basis of fleet size)
SUV with or without luggage and pickup & cargo cars
Medium category
Small category
Premium/ Luxury

By Duration (On the basis of fleet size)
1-2 years
More than 2 years but less than 4 years
4 years
More than 4 years

By Region (On the basis of fleet size)
Central
Western
Eastern
Southern
Northern

By End User (On the basis of fleet size)
Logistics
FMCG & e-commerce
Oil & Gas
Construction
Government& semi- government offices
Other Industries

By User (On the basis of fleet size)
Corporate
Individual

By On Airport & off Airport (On the basis of revenue)
On Airport
Off Airport

Time Period Captured in the Report:
Historical Period: 2013-2018
Forecast Period: 2019-2023

Key Target Audience
Car Rental Companies
Car Dealers
End User Industries
Individuals

Companies Covered:
United International Transportation Company (Budget)
Hanco rent a car
Best rent a car
Theeb rent a car
Al Wefaq rent a car
Hertz rent a car
Avis rent a car
Autoworld rent a car
Samara rent a car
Al Tayyar rent a car
Key rent a car
Ford Aljazerah
Al Jomaih
Universal Motors

Key Topics Covered in the Report
Executive Summary
Research Methodology
Saudi Arabia Car Rental & Leasing Market Size
Saudi Arabia Car Rental & Leasing Market Segmentation
SWOT Analysis of Saudi Arabia Car Rental & Leasing Market
Trends and Development in Saudi Arabia Car Rental & Leasing Market
Issues and Challenges in Saudi Arabia Car Rental & Leasing Market
Regulatory Scenario of Saudi Arabia Car Rental & Leasing Market
Recent Developments in Saudi Arabia Car Rental & Leasing Market
Emerging Technologies in Saudi Arabia Car Rental & Leasing Market
Competitive Scenario in Saudi Arabia Car Rental & Leasing Market
Company Profiles of Major Players in Saudi Arabia Car Rental & Leasing Market
Saudi Arabia Car Rental & Leasing Market Future Outlook and Projections, 2018-2023E
Analyst Recommendation in Saudi Arabia Car Rental & Leasing Market

For more information on the research report, refer to below link:
Saudi Arabia Car Rental and Leasing Market Outlook to 2023

Related Reports
Car Rentals (Self Drive) Market in the United Arab Emirates to 2022: Fleet Size, Rental Occasion and Days, Utilization Rate and Average Revenue Analytics  

South Africa Car Rental and Leasing Market Projections to 2023 - By Business Model (Self Drive, Cab Aggregator, Car Leasing, Minibus Taxi, Metered Taxi and Airport Transfers) and By End User (Mining, Logistic & Courier and Others)

Kuwait Vehicle Leasing Market Outlook to 2023 - By Vehicle Type (SUV/MUV, Sedan, Pickups and Luxury Segment) and By End Users (Oil & Gas, Government, Construction, Logistics and Transportation, Telecom and Electrical and Others)

Contact Us:
Ken Research
Ankur Gupta, Head Marketing & Communications
Ankur@kenresearch.com
+91-9015378249
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