Friday, July 29, 2016

South Africa Lubricant Market Outlook to 2020 – Inclining Vehicle Sales and Growing Manufacturing and Mining Sector to Drive Future Growth

South Africa Lubricant Market Outlook to 2020 – Inclining Vehicle Sales and Growing Manufacturing and Mining Sector to Drive Future Growth” provides a comprehensive analysis of the automotive and industrial lubricant industry in South Africa. The report covers several aspects such as the market size on the basis of sales revenue and consumption of lubricants in South Africa. The segmentation for lubricants has been presented by major end users, by product type (engine oil, hydraulic oil, greases, industrial gear oils, automotive gear oils and metal working fluids), type of base oil used, distribution channel and organized and unorganized sectors. The report also covers the market share, competitive landscape, strengths and weaknesses of major manufacturers along with their future strategies and production capacities. In addition to this, the report also covers trends, developments, growth drivers, restraints and export import scenario of lubricants in South Africa. Regulatory policies, certification requirements and emission standard have also been covered. This report will help industry consultants, lubricant manufacturers and dealers, retail chains, potential entrants and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.
South Africa Lubricant Market


South Africa lubricant market has witnessed considerable growth over the period 2010-2015 and has become a hub of operations for major players such as Shell, Engen, BP/Castrol, Total and Chevron. Consumption of lubricants in South Africa has been reported at ~ thousand tons in 2010. Factors such as inclining vehicle sales and enhancing manufacturing, construction and mining and quarrying sector has propelled the consumption of finished lubricants to ~ thousand tons in 2015.
Aligned to this, the revenues for the lubricants market in South Africa were evaluated at USD ~ million in 2015. On the other hand, the production of finished lubricants in South Africa was posted at ~ thousand tons in 2015. Automotive lubricants have contributed majority of the share in lubricants market in South Africa.
Automotive Lubricant Market
The share of automotive lubricants in the total consumption has inclined from ~% in 2010 to ~% in 2015. On the basis of revenues, they have gathered a share of ~% in 2015. The sales of vehicles in South Africa have augmented from ~ in 2010 to ~ in 2015. Such growth in vehicle sales have provided significant boost to the automotive lubricants market over the period 2010-2015. The growth in share of automotive segment has also been supported by growing use of high performance synthetic lubricants in South Africa which are majorly being demanded by the automotive sector of the country over the period 2010-2015. Within the automotive sector, passenger vehicles have been the largest segment in this category, accounting for a revenue share of ~% in 2015.
Industrial and Machinery Lubricant Market
The share of industrial lubricants has declined slightly relative to the automotive segment. Labor unrest and electricity disruptions in the mining and manufacturing sectors have been the major reasons behind the slight decrease in share of industrial lubricants relative to automotive. Falling revenues of the mining and quarrying sector over the period 2011-2014 has been the major reason behind falling share of industrial lubricants sector relative to the automotive sector. Gauteng is the largest market for lubricants in South Africa. Gauteng has accounted for ~% of total consumption of lubricants in South Africa as of 2015.

Key Topics Covered in the Report:
·         Market size of South Africa Lubricant Market by Revenue and by consumption
·         Market size of South Africa Automotive and Industrial and Machinery Lubricant Market
·         South Africa Lubricant Market Segmentation by Application
·         South Africa Lubricant Market Segmentation by Provinces
·         South Africa Automotive Lubricant Market Segmentation by Major end Users
·         South Africa Automotive Lubricant Market Segmentation by Type of Base Oil Used
·         South Africa Automotive Lubricant Market Segmentation by Distribution Channel
·         South Africa Automotive Lubricant Market Segmentation by Organized and Unorganized Sector
·         South Africa Industrial and Machinery Lubricant Market Segmentation by Major end Users
·         South Africa Industrial and Machinery Lubricant Market Lubricant Market Segmentation by Type of Base Oil Used
·         South Africa Industrial and Machinery Lubricant Market Segmentation by Distribution Channel
·         South Africa Industrial and Machinery Lubricant Market Segmentation by Organized and Unorganized Sector
·         South Africa Industrial and Machinery Lubricant Market Segmentation by Major Types of Lubricants
·         Market Share and competitive Landscape of Leading Manufacturers in South Africa Lubricant Market, 2015
·         Competitive Landscape of Leading Manufacturers in South Africa Lubricant Market, 2015
·         Export-Import of Lubricants in South Africa, 2011-2015
·         South Africa Lubricant Market Future Outlook and Projections, 2016-2020
·         Analyst Recommendations

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


Related Reports:


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


Thursday, July 28, 2016

Inclining Vehicle Sales and Growing Manufacturing and Mining Sector to Drive Future Growth of Lubricants Market in South Africa: Ken Research

Manufacturing sector of South Africa has been evaluated at ZAR 379.6 billion in 2015, which has escalated from ZAR 358.7 billion in 2010, registering a CARG of 1.1% during the period. Different types of hydraulic oils, industrial gear oils and greases have important application in the manufacturing industry. Assembly lines and other machines used in the manufacturing industry need lubrication to work with precision and last long. Therefore, growing manufacturing sector of South Africa has escalated the demand for industrial lubes in the country over the period 2010-2015. Shell lubricants and greases have been the most popular in South Africa over the period 2013-2015.
Automotive lubricants have contributed majority of the share in lubricants market in South Africa. Growth in vehicle sales have provided significant boost to the automotive lubricants market over the period 2010-2015. The growth in share of automotive segment has also been supported by growing use of high performance synthetic lubricants in South Africa which are majorly being demanded by the automotive sector of the country over the period 2010-2015. Within the automotive sector, passenger vehicles have been the largest segment in this category.


Enhancing mining and quarrying operations and growing manufacturing and construction sectors have propelled the market for industrial and machinery market over the period 2010-2015.
“According to Research Analyst at Ken Research, Food grade lubricants can be targeted as the South African food and beverages industry is expected to flourish over the period 2016-2020 generating considerable demand for such lubricants. A new entrant should look to procure crude oil from the coast of Durban. Around 80% of South Africa’s crude oil is imported through the single buoy mooring (SBM) system off the coast of Durban.
The report titled South Africa Lubricant Market Outlook to 2020 - Inclining Vehicle Sales and Growing Manufacturing and Mining Sector to Drive Future Growth provides an inclusive analysis of the lubricant Market in South Africa. This report will help a reader to identify the ongoing trends in the industry and anticipated growth in future depending upon changing industry dynamics in coming years. The report will help industry consultants, finished lubricant manufacturers, dealers, retail chains, potential entrants and other stakeholders to align their market centric strategies according to ongoing and expected trends in the future.
For more information on the research report, refer to the below link:
Key Topics Covered in the Report
o   Market size of South Africa Lubricant Market by Revenue and by consumption
o   Market size of South Africa Automotive Lubricant Market by Revenue
o   Market size of South Africa Industrial and Machinery Lubricant Market by Revenue
o   South Africa Automotive Lubricant Market Segmentation by Major end Users, Type of Base Oil Used, Distribution Channel, Organized and Unorganized Sector
o   South Africa Industrial and Machinery Lubricant Market Segmentation by Major end Users, by Type of Base Oil Used, by Distribution Channel, by Organized and Unorganized Sector and by Major Types of Lubricants
o   Market Share and competitive Landscape of Leading Manufacturers in South Africa Lubricant Market, 2015
o   Competitive Landscape of Leading Manufacturers in South Africa Lubricant Market, 2015
o   Export-Import of Lubricants in South Africa, 2011-2015
o   South Africa Lubricant Market Future Outlook and Projections, 2016-2020
o   Analyst Recommendations

Key Products Mentioned in the Report
Engine Oil
Hydraulic Oil
Greases
Industrial Gear Oils
Automotive Gear Oils
Metal working Fluids

Companies Covered in the Report
Shell
Engen
BP/Castrol
Chevron
Total Lubricants


Related Reports:


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


Wednesday, July 27, 2016

Bahamian Insurance Industry Poised to Witness Growth Driven by Positive Economic Momentum: Ken Research

Ken Research has announced its latest publication on, The Insurance Industry in The Bahamas, Key Trends and Opportunities to 2019’, which provides thorough information and insights into the Bahamian insurance industry. A detailed overview of the demographics and economic factors are included thereby bringing out the major driving factors in the Bahamian insurance sector. Additionally, a comprehensive outlook of the competition, regulatory framework, distribution channels and natural hazards within the insurance industry of the Bahamas is also included in this research report.


The Bahamian insurance industry is currently reveling under the positive economic momentum caused by its proximity to the US and the Government’s initiatives to boost infrastructure and tourism. The factors which are driving growth in the Bahamian insurance sector include competitive pricing, friendly regulations and the requirement for sophisticated tax compliant wealth management structures. In addition, the presence of restricted predatory competition also allowed capital accumulation which is further being used for upgradation of technology in the sector. As a result, in the Bahamas, the insurance firms tend to have a competitive edge over other financial institutions. The report signify performance of Bahamas Health Insurance Industry Development and Reinsurance Market Forecasts.
The domestic insurance market in Bahama is both diverse and vibrant with ongoing efforts to capitalize on the external market through international captives and insurances Historical record has also revealed that the Bahamian insurance sector have been growing at a CAGR of 4.7% over the past five years. The domestic insurance sector in Bahamas can be further segmented in to ‘life’ and ‘non-life’ sectors. Both these sectors are represented and regulated by two primary trade associations including the Bahamas Association of Life and Health Insurers (BALHI) and the Bahamas General Insurance Association (BGIA), respectively. Growth within the non-life segment of the Bahamian insurance market over the past five years was governed by expansion of the tourism industry, which in turn is due to increased spending on high-value construction project such as resorts, casinos and hotels, according to Ken Research Analyst.

In addition to domestic insurance sector, the outlook for international insurance in the Bahamas is also positive. Life Insurance Premium Written Report is based on assessment which helps to understand growth pattern which can be attributed to the establishment of financial services industry that sought new wealth management tools aligned with the changing market/regulatory conditions worldwide. As of now, a large number of leading international banks have established base in Nassau and are proactively involved in both international life insurance and captives. Overall, it is projected the Bahamian insurance industry will witness fast growth over the coming five years.
The Global Insurance Industry
The global economy has begun to recover and is projected to strengthen moderately over the next five years. This is expected to support expansion of the worldwide insurance sector. The demand for both life and non-life insurance is expected to increase with emerging economic regions such as Asia-Pacific to remain as key drivers. For instance, the growth of premium insurance is projected to be the strongest in emerging Asia, according to Ken Research Analyst.
Some of the prominent trends of the global insurance industry are:
  • Constantly evolving regulatory framework
  • Steady upgradation of technology around various insurance segments
  • Sophistication of risk management techniques
  • Better risk monitoring
  • Insurance companies are increasingly using data analytics to enhance profitability
Key Topics Covered in the Report:
  • Detailed economic and competitive landscape of the Bahamas
  • Overview of the Bahamian insurance industry
  • Outlook of distribution channels within the Bahamian insurance industry.
  • Detailed profiles of leading players in the Bahamian insurance industry
  • Governance, risk and compliance within the insurance marker of Bahamas
To know more on coverage, click on the link below:
https://www.kenresearch.com/banking-financial-services-and-insurance/insurance/insurance-industry-bahamas/20499-93.html
Related Reports:
https://www.kenresearch.com/banking-financial-services-and-insurance/insurance/governance-risk-compliance-bahamian-insurance-industry/3447-93.html
Contact:
Ken Research
Ankur Gupta, Head Marketing & Communications
query@kenresearch.com
+91-124-4230204

Monday, July 25, 2016

United States Micro Irrigation Systems Market is Expected to Reach USD 1.3 billion by 2020: Ken Research

Ken Research announced its latest publication on “US Micro Irrigation Market Outlook to 2020 Growing Water Scarcity and High Efficiency of Drip Irrigation to Stimulate Growth” which provides a comprehensive analysis of the sprinkler and drip micro irrigation system industry in the United States. The report covers various aspects such as market size of micro irrigation industry on basis of revenues and land irrigated, segmentation on the basis of sprinkler and drip irrigation systems, crop type, regions and the equipments of both drip and sprinkler irrigation systems and volume and value of exports and imports for micro irrigation equipments. The report is useful for industry consultants and analysts, farmers, micro irrigation equipments manufacturing companies and new players venturing in the market.



The US Micro Irrigation Market, which comprises of segments such as Drip and Sprinkler irrigation systems, has grown significantly over the last few years due to the increase in the demand from irrigation sector on account of the inclining population and uncertain weather conditions in the country. The micro irrigation industry in the US grew rapidly during 2010-2015 owing to superior efficiency of the systems in water usage and crop yields, easy implementation of fertigation and chemigation, lesser labor requirements and minimized fertilizer / nutrient loss. Several beneficial attributes of micro irrigation systems coupled with water scarcity and drought situations in many states are likely to catalyze the growth of the micro irrigation industry in the near future. The micro irrigation market revenues have grown at a CAGR of ~% from 2010-2015. The industry is quite concentrated with a bunch of players comprising for a major bulk of the overall market. Lindsay Corporation dominated the market in terms of revenues in 2015.
According to the research report, farmer sentiments on investing in micro irrigation system are anticipated to remain low due to reduced net farm incomes and the industry is forecasted to grow at slower pace as compared to 2010-2015 in the short term. Nevertheless, net farm income is forecasted to witness positive growth post 2017 and subsequently augment the growth of the micro irrigation industry in the long term. The micro irrigation market is expected to grow from USD ~ million in 2015 to USD 1.3 billion in 2020 at a CAGR of ~% between 2015 and 2020.
“A company must have a good network of dealer to cater to the demand across the country. Since, sprinkler and drip irrigation systems are individually more suited for a particular segment of crops, companies must make an effort in brand building by judiciously marketing and promoting the right irrigation system for cultivating a particular type of crop. This would help them build their brand in particular segments which would be highly beneficial for the companies in the longer run.” according to the Research Analyst, Ken Research.
Key Topics Covered in the Report:
US Micro Irrigation
-          Value Chain Analysis
-          Market Size by Revenue, Land Irrigated
-          Market Segmentation by
  • Type of Micro Irrigation System
  • Application in Different Crop Types
  • Utilization by States
-          Sprinkler Irrigation Market Segmentation by
  • By Type of Sprinkler System
  • Application in Different Crop Types
  • By Components
-          Drip Irrigation Market Segmentation by
  • By Type of Drip System
  • Application in Different Crop Types
  • By Components
-          Growth Drivers and Trends
-          Cost of Installing Micro Irrigation Systems in the US
-          Porter’s Five Forces Analysis of the US Micro Irrigation Market
-          Issues and Challenges in the US Micro Irrigation Market
-          Trade Scenario in the US Micro Irrigation Market
-          Government Roles and Policies in the US Micro Irrigation Market
-          Company Profiles of Major Players in the Market
-          Market Share of Major Companies in the US Micro Irrigation Market
-          US Micro Irrigation Future Outlook and Projections
-          Analyst Recommendations
-          Macro Economic Factors
Key Products Mentioned in the Report
Sprinkler
Dripper
Emitter
Dripline
Pumps
Tubing
Controllers
Couplers
Valves
Pressure regulators
Filters
Monitoring software
Companies Covered in the Report
Lindsay Corporation
Valmont Industries
Netafim
The Toro Company
Jain Irrigation Inc.
T-L Irrigation
Rain Bird Corporation
Reinke
EPC Industries
Nelson Irrigation
For More Details Visit : https://www.kenresearch.com/agriculture-and-animal-care/farming/us-micro-irrigation-systems-market-report/42041-104.html 
Related Reports:
Contact:
Ken Research
Ankur Gupta, Head Marketing & Communications
Ankur@kenresearch.com
+91-9015378249

Monday, July 18, 2016

Rise in demand of TMS installation for Government Bodies and increase in E-learning programs in the country will drive the Talent Management software Market in India: Ken Research

Ken Research announced its latest publication on India Talent Management Software Market Forecast to 2020 - Expanding Service Sector and Training Programs to Drive Future Growthwhich provides a comprehensive analysis of talent management software market in India. The report focuses on the talent management software on-cloud basis and on-premises basis market. The report covers market size and segmentation of overall talent management industry by Talent management software solutions, services, Verticals, Organizational size, Multinational & Domestic companies, by end users and by cities. The report covers the market share and detailed company profile of leading players and emerging players. The potential and future outlook for Talent management software has also been discussed in the publication. The report provides detailed analysis of major players, their strategies, SWOT Analysis, Trends & Developments and major issues and challenges with the Talent management software in India. The report also serves as a benchmark for existing players and every new player who wish to capitalize the market potential and investors are looking forward to venture into the talent management software market in India.
The talent management market in India has witnessed robust double digit growth over the period FY’2010-FY’2015. It has been witnessed over the past few years that the customers are shifting their preference from premises mode to cloud computing because of less complexity in the process. This had increased the share of talent management software deployment in the basis of cloud computing. In 2015, the deployment on the basis of cloud computing had dominated the market in terms of revenue.


The largest revenue generating sector of the market is BFSI sector In India. Alongside, the massive growth in BPO, Hospitality, manufacturing and e-commerce sector had majorly driven the market of talent management software. Additionally, the increase in challenges faced by the companies in developing leaders, locating and hiring top technical skills, diagnosing and improving organizational culture have triggered the market of talent management software.
According to the research report, the talent management software market will record revenue of USD 146 Million by FY’2020 due to more innovative products entering the market, expansion of service sector in the country, rising number of entry of international companies in the country. In India, sectors such as BFSI, Manufacturing, e-commerce, Retail where new players are entering the market will continue to stick with right talent. The right job fit will play an important part in the recruitment process. The vendors of talent management software can focus on providing data analytics integrated with recruitment software which will select the candidates with required experience and knowledge.
“Focus on employee engagement has emerged as a necessity across all verticals in the country. Leading and emerging organizations are opting for all types of talent management software modules to increase their focus on employee engagement, performance and productivity. The rapid increase in the demand of talent management software by small, mid and large size companies and also by the government sector will widen the market opportunities for the talent management software vendors in India”, according to the Research Analyst, Ken Research.
Key Topics Covered in the Report:
  • India Talent Management Software Market Introduction and Size
  • India Talent Management Software Segmentation
    • By solutions (Talent Strategy & Planning, Recruitment, Performance Management, Learning & Development, Compensation Management Training services)
    • By Deployment Mode (On Premises/Cloud)
    • By organizational Size (Small Size, Mid Size and Large Size)
    • By Multinational and Domestic Enterprises
    • By Major Cities (Mumbai, Delhi NCR, Bangalore, Pune, Hyderabad, Chennai, Kolkata and Others)
    • By Vertical (BFSI, Healthcare, IT & Telecom, Retail, Manufacturing, Education Sector, Government and others)
    • By End Users (Professional services, Training & Education, Support & maintenance)
    • By End Users (Large Businesses, Medium Businesses and Small Businesses)
  • Customer Needs for Talent Management Software In India (for government sector, Product manufacturing companies, Service oriented companies)
  • Growth Drivers and Challenges in India Talent Management Software Market
  • Issues and Challenges in India Talent Management Software Market
  • Decision Making Procedure In India Talent Management Software Market
  • Market Share of Major Players in India Talent Management Software Market
  • Company Profile of Leading and Emerging Players in India Talent Management Software Market
  • SWOT Analysis of India Talent Management Software Market
  • India Talent Management Software Market Future Outlook and Projections
  • Analyst Recommendation
  • Macro Economic Variables Impacting the India Talent Management Software Market
Key Product Mentioned in the Report
  • Recruitment Software
  • Compensation Management Software
  • Performance management software
  • Learning & development Software
Companies Covered in the Report
  • Sap India
  • Oracle India
  • IBM
  • Cornerstone on Demand
  • Ramco Systems
  • FlexiEle
  • HRM thread
  • Tamba Solution
  • JSM technologies
  • Adrenalin e-systems Limited
Market Research Report : https://www.kenresearch.com/education-and-recruitment/recruitment/india-hr-software-market-report/41314-99.html
Related Reports:
India Executive Education Market Outlook to 2020 - Preference for Skill Based MDPs and Virtual Education to Drive Future
India Vocational Training Industry Outlook to 2018 - Driven by Rising Demand For Skilled Manpower
India E-learning Market Outlook to FY'2018 - Increasing Technology Adoption to Drive Future Growth
Contact Us:
Ken Research
Ankur Gupta, Head Marketing & Communications
Ankur@kenresearch.com
+91-9015378249

Tuesday, July 12, 2016

Rail Network is Prime Focus of Construction Sector in Russia: Ken Research

Ken Research announced latest publication on, Russia 2016 Construction Outlook: Growing Market with USD 300 Billion of Infrastructure Mega-Projects Pipeline, offer insights on the changing trends and key issues within the Infrastructure and Construction industry in Russia. The analysis of the aforementioned trends has been done across main sectors: Real Estate; Transportation; Energy, Industrial & Utilities; and Social Infrastructure, within the industry with comprehensive overview of key sectors: Power sector, Railways sector and Real estate-Mixed Use sector.
Key Topics Covered in the Report
  • Detailed profile of Infrastructure and Construction industry in Russia
  • Overall, Regional and Sector wise analysis of Megaprojects spending in Russia
  • Changing Dynamics, Opportunities and Challenges in the Russian Infrastructure industry
  • Detailed coverage of ‘Project Financing’ and ‘Project Risks (Cost & Time overruns) & Returns’
  • Comprehensive overview of Key sectors: Power sector, Railways sector & Mixed-use sector
  • Competitive landscape of the Infrastructure and Construction industry in Russia
  • Regulatory framework (including PPP growth) applicable toInfrastructure and Construction industry in Russia
Economic Environment of Russia
Russia is one of the most affluent mixed economy in the world. Vast natural resources are the key determinant of the Russian economy. It has abundant oil, natural gas and precious metals making up a major share of Russian exports and comprising about half of the Govt.’s revenue. This huge revenue helped Russia overcome the economic collapse of 1998and is also presently one of the key drivers of country’s growth. The Russian economy is characterised by significant state-control on key sectors of the economy. Large state-owned institutions hold strong influence over political and financial institutions; and distort the economy. From early 2014,, as a result of falling oil prices and economic sanctions from EU & US, the economy is in recession and expected to show recovery by 2017 (World bank).
Looking at the macroeconomic landscape, Russia is home to 143.7 million people. With GDP 1.178 trillion USD and GDP (PPP) 3.6 trillion USD, it is the fifteenth largest economy in the world as per nominal GDP and sixth largest as PPP. The sector wise contribution to GDP includes 59.7%, 36.3% and 4% by services, industry and agriculture respectively. Consumption and investment has expanded although with a declining rate. Surging inflationary pressure is a major cause of turbulence to macroeconomic stability. Russian govt. is not very welcoming to the external global world. FDI inflows amounts to just 21billion USD. Government’s import substitution policy aims at substituting imports with domestic goods restricts the inflow of foreign products as well as market players in the country.Exports have also shown impressive increase with Russian Exports value standing at 82.1 billion USD and dominated by petroleum products, natural gas and metals.
Brief Overview of the Construction Industry in Russia
Construction industry is the pillar of a country’s development and growth. Unfortunately, Russia has a struggling one. In 2015, the industry witnessed significant deterioration on account of declining construction activity due to weak economic growth, declining fixed capital investments, reduced oil & gas investments, currency depreciation, international sanctions, and declining oil prices. As a result, the country has consistently been placed low on the infrastructure quality by the Global Competitiveness Report. This has led to an immediate need to restore its deteriorating assets, build new ones and improve its global position. Russian Govt. has placed Infrastructure & Construction industry at the centre of the national policies and agendas, with the commitment of investing more than 1 trillion USD by 2020.
Despite strong growth of the Russian infrastructure industry since independence, the industry is still ranked low on the global platform. With some improvement in its global ranking to 74th position in 2015 from 101st in 2012; the country still lags behind in providing best infrastructure facilities.It has a decent power and railway network but inefficient infrastructure in transport and telecommunication sector. Primarily focussing on the power and railway sector, huge investments are committed by the govt. under various development & strategy programmes. Under ‘Energy Strategy 2030’ the govt. aims to double the electricity generation capacity by 2030. Russia has a megaprojects pipeline worth USD 300 billion. Similarly, to strengthen the railways, the backbone of Russian trade, govt. has announced few high speed rail projects costing more than USD 20 billion. Looking at strategic trends in Russian Megaprojects, investment in brownfield megaprojects have increased along with increasing average size of the megaprojects. Since most of these projects are public centric, hence are largely funded by state, with 60-70% of the fund coming from state budget. However, global crisis has forced the govt. to look for other financing options especially PPP. There has been a significant growth in PPP projects in Russia. As a result of low interest rates offered on loans, many foreign construction companies & domestic private companies have entered the industry. Apart from the govt. creating vast opportunities for the growth of the industry, it still faces challenges such as few stalled big projects with little progress due to delays in finding investors, also impacting the final cost and timely delivery of these projects.
Major Market Players in the Construction Industry in Russia
To reduce the burden of Govt. of financing megaprojects, private players are increasingly being attracted through various ways. From PPP projects to offering low interest rates on loans, govt. is trying hard to incentivise the private companies to enter the industry.
Some major market players in selected sectors of construction industry such as Power sector, Railway sector and Real estate sector include: RusHydro, ROSATOM, RUSAL, Interbering,  Russian Railways, Gazprom, Rosneft, Mitsubishi, Mitsui & Co, Shell, Eastern Energy Company, State Grid Corporation of China, Russia Ministry of Transport, Moscow Ring Railway, Saint Petersburg City Administration, Kaltchuga Capital Management SA, Rublyovo-Arkhangelskoye, CDS Group, Sibur, LukOil Company, Vnesheconombank, African Development Bank, KFW Development Bank, Clean Technology Fund, European Investment Bank, World Bank, SK Most, AO Institute Stroyproekt, Jsc Bamstroymekhanizatsia, VTB, Rosmorport, Uralkali, Suek, United Grain Corporation, Global Ports Investments Plc, Metalloinvest MC LLC, Sberbank, Power Construction Corporation of China, SUE Moscow Metro, Mosinzhproekt, CRCC, China International Fund Management, COMEX Holding,  Classic Group Ltd, RDI Group, DON Story Invest etc.
The weak performance of the industry over the last few years is expected to continue in 2016 as well with a slight further contraction of the construction industry on account of worsening business environment and capital outflows due to Russia-Ukraine conflict. However, the growth momentum will be steadily regained through expanding infrastructural construction over the coming years. Also, increased investment in brownfield projects are expected as the country focuses on improving its existing assets. Industry competitiveness is also anticipated to increase on account of influx of foreign and domestic players in the industry as a result of PPP and low interest rates on loans.
Some key factors that will be driving the growth of Russian Construction Industry in coming years include:
  • Recognition of Infrastructure construction as a major contributing factor to country’s long term growth
  • Huge investment by the govt. under various socio-economic development plans such as ‘Energy Strategy 2030’ and ‘Strategy for Developing Rail Transport in the Russian Federation to 2030’
  • Rising disposable income boosting the residential construction in the country
  • Fifa World Cup, 2018, expected to generate increased demand for infrastructure construction in related areas such as hospitality and transportation, along with attracting investment
  • Growing number of PPP projects in Russia& low interest rates charged on loans
However, international sanctions and low oil prices will continue to challenge the growth of the Russian Construction Industry over next few years.
To know more on coverage, click on the link below:
https://www.kenresearch.com/manufacturing-and-construction/infrastructure/russia-construction-outlook/38143-97.html
Related Reports:
https://www.kenresearch.com/manufacturing-and-construction/infrastructure/vietnam-construction-outlook/38145-97.html
https://www.kenresearch.com/manufacturing-and-construction/infrastructure/saudi-arabia-construction-outlook/38144-97.html
 Contact:
Ken Research
Ankur Gupta, Head Marketing & Communications
query@kenresearch.com
+91-124-4230204


Rising Infrastructure Megaprojects to Boost Russia Construction Industry: Ken Research

Ken Research announced its latest publication on, Russia 2016 Construction Outlook: Growing Market with USD 300 Billion of Infrastructure Mega-Projects Pipeline, offer insights on the changing trends and key issues within the Infrastructure and Construction industry in Russia. The publication includes an insightful analysis of recent & strategic trends, project financing, project risks, leading players, opportunities and challenges within theInfrastructure and Construction industry in Russia. The analysis of the aforementioned trends has been done across main sectors: Real Estate; Transportation; Energy, Industrial & Utilities; and Social Infrastructure,within the industry with comprehensive overview of key sectors: Power sector, Railways sector and Real estate-Mixed Use sector.


Brief Overview of the Construction Industry in Russia
Construction industry is one of the most crucial industries for a country’s development and growth. Recognizing the importance of the industry for the long term growth of a country, Russian govt. has also placed it at the centre of their development policies. Unfortunately, the Russian Construction Industry is struggling over last few years and has witnessed declining construction activity, reason being, weak economic growth, declining fixed capital investments, reduced oil & gas investments, currency depreciation, international sanctions, and declining oil prices. As a result of this, Govt. has announced various socio-economic development projects aiming at the infrastructural renovation & development of the country.
These efforts have led to improvement in the global ranking of Russia to 74th position in 2015 from 101st in 2012. However, the industry still has to cover along way for a respectable global ranking. With decent power and railway networks, the country lacks efficient transport and telecommunication infrastructure. Govt. has primarily focussed on the development and strengthening of the power and railway sector infrastructure, through huge investments in related developments plans with a look towards 2030. Currently, Russia has a megaprojects pipeline worth USD 300 billion, and four key high speed rail projects. Compared to Greenfield projects, investment in Brownfield projects have gained popularity. Also, the project financing methods have been diversified by the govt. to reduce its burden during global crisis. Projects that were largely funded by the state now have PPP option along with increasing investment by private domestic and foreign companies. Even though vast growth opportunities have been created in the industry, its effect on growth is hampered by the challenges faced by the industry such as delays in finding investors, impacting the final cost and timely delivery of these projects.
Key Factors Driving Growth in Russia’s Construction Industry
Government efforts are playing a pivotal role in the growth of Construction industry in Russia. Whether the driving factors are demand-side or supply-side, majority of them are underpinned by Govt. actions. Some of the key factors driving growth in the industry include:
  • Recognition of Infrastructure construction as a major contributing factor to country’s long term growth. This has made the construction industry to the centre of the Russian Policy-makers’ agendas.
  • Announcement various socio-economic development plans such as ‘Energy Strategy 2030’ under which the govt. aims to double the electricity generation capacity by 2030and ‘Strategy for Developing Rail Transport in the Russian Federation to 2030’ for strengthening the railways and boost trade.
  • Rising disposable income has led to a boost in the residential as well as retail construction sector.
  • Fifa World Cup, 2018, which is to be hosted in 11 cities of Russia, is expected to be a major source of increase in construction activity in coming years. The event will lead to a surge in demand for stadia construction along with infrastructure construction in related areas especially transportation, accommodation and retail.
  • offering PPP options as well as lower interest rates on loans is, eventually incentivising the private market players to enter the industry and invest in megaprojects. This induces a major supply side factor for the growth of the industry.
Future of Russia’s Construction Industry
Although the performance of the Russian Construction Industry has been weak in the last few years, the industry is expected to gain growth momentum on account of expanding infrastructure construction in the country in coming years. However, before the momentum will be regained, a slight contraction of the industry in 2016 is expected.Worsening business environment and capital outflows due to Russia-Ukraine conflict are the major reasons behind this further contract. Also, Brownfield projects are expected to receive huge investments with the govt. aiming to reinforce its existing assets. Competition in the industry is expected to increase as the number of market players increase attracted by govt. incentives such as PPP options, low interest rates etc. Even though the industry has various potential growth opportunities, international sanctions and low oil prices will remain as big factors obstructing the industry growth to its full potential.
To know more on coverage, click on the link below:
https://www.kenresearch.com/manufacturing-and-construction/infrastructure/russia-construction-outlook/38143-97.html
Related Reports:
Vietnam 2016 Construction Outlook: Infrastructure Megaprojects Opportunities and Challenges
Saudi Arabia 2016 Construction Outlook: Compare Rising Infrastructure Megaprojects Opportunities with Increasing Project Risk

Companies Covered:
  • RusHydro
  • ROSATOM
  • RUSAL
  • Interbering
  • Russian Railways
  • Gazprom
  • Rosneft
  • Mitsubishi
  • Mitsui & Co
  • Shell
  • Eastern Energy Company
  • State Grid Corporation of China
  • Russia Ministry of Transport
  • Moscow Ring Railway
  • Kaltchuga Capital Management SA
  • Rublyovo-Arkhangelskoye
  • CDS Group
  • Vnesheconombank
  • African Development Bank
  • KFW Development Bank
  • European Investment Bank
  • United Grain Corporation
  • Global Ports Investments Plc
  • Metalloinvest MC LLC Sberbank
  • Power Construction Corporation of China
Contact:
Ken Research
Ankur Gupta, Head Marketing & Communications
query@kenresearch.com
+91-124-4230204

Tuesday, July 5, 2016

UAE Healthcare Market Outlook to 2020 - Rising Medical Tourism and High Prevalence of Diabetes to Foster Future Growth

UAE Healthcare Market Outlook to 2020 - Rising Medical Tourism and High Prevalence of Diabetes to Foster Future Growth" focuses on the medical devices used in the hospital setting, diagnostic laboratories, clinics and polyclinics, pharmaceutical drugs and injectables used for treatment and diagnostic purposes, and services provided by healthcare providers for maintaining healthy population. The report covers aspects such as overall healthcare market by its key segments including medical devices, pharmaceuticals, hospitals, independent diagnostic laboratories, clinics/polyclinics, home healthcare and telemedicine and their sub-segments.
UAE healthcare market is one of the fastest growing markets in the world with the growth rate of ~% from 2010 to 2015. The market is also expected to experience high growth during the forecast period and exhibit a CAGR of ~% from 2016 to 2020.
Medical Device Market

UAE is an import driven market in context to medical devices. The imports of medical devices accounted for a lion share of ~% from the total revenue market in 2015. The market is observed to grow at a rapid pace of ~% by value from 2010 to 2015 owing to the expanding healthcare infrastructure in the country; both the government and private healthcare sector is investing heavily to provide country satisfactory healthcare solutions to the residents, expats, and medical tourists. Diagnostic imaging products were observed to capture the major share of the market (~% in 2015), however medical consumables recorded the highest growth rate of 17.2% in span of six years from 2010 to 2015. UAE being the economically stable country, the healthcare professionals across the nation prefer the branded medical devices from GE Healthcare, Philips Medical Systems, and Siemens Healthineers, providing all of them leading position in the market. The three players together captured around ~% of the total revenue share in 2015. The market is further expected to register a growth of ~% from 2016 to 2020, and reach at a value of USD ~ million in 2020. Orthopedic devices are expected to register the highest growth during the period specifically due to aging population.
Pharmaceutical Market
Pharmaceuticals market is the UAE similar to medical devices is dependent upon imports of pharmaceutical products. Imports accounted for ~% of the total revenue in 2015 for pharmaceuticals market in the UAE. The total pharmaceuticals market in UAE has exhibited the growth rate of ~% from 2010 to 2015. Patented drugs are observed to be preferred more than generic drugs and have captured the revenue share of ~% in 2015, however generic drugs have experienced high growth rate of ~% from 2010 to 2015 and is estimated to expand at a CAGR of ~% during the forecast period. Julphar is the major domestic player who is manufacturing drugs for the UAE pharmaceuticals market. The company accounted for total of ~% of the domestic manufacturers share in 2015. Among the prescribed and OTC drugs, prescribed drugs accounted for ~% of the share. Patented drugs are majorly imported from the other countries to meet the high demand among the nationals. City Pharmacy was observed to import highest value of drugs in 2015 and accounted for ~% of the total importers share.
Pharmacy Retail Market
Pharmacy retail is a fast growing market with the growth rate of ~% from 2010 and 2015, and the market revenue of USD ~ million and USD ~ million in the respective years. Elevating demand for pharmaceutical goods, and home use devices the major factor which has led to the growth of the segment. Majority of the pharmacies (~%) are observed to be based in Dubai, generating revenue from tourists and medical tourists. Various organized players such as Life Pharmacy, Bin Sina Pharmacy, Aster Pharmacy, and Super Pharmacy are dominated the market by capturing major share of the market.
Hospitals Market
Hospitals market in UAE has experienced rapid increase in number of hospitals, number of inpatients and outpatients from 2010 to 2015. Number of hospitals recorded the growth rate of ~%, however, number of inpatients and outpatients increased by ~% and ~% respectively. Rise in number of patients has resulted in revenue generation at a high pace, exhibiting a growth rate of ~%. Private hospital was observed to be major revenue generator with ~% of revenue share in 2015, while public hospitals recorded the growth rate of ~%. The major revenue contributor among private and public hospitals was multispecialty hospitals with market share of ~%. However, the establishment of single-specialty hospitals was on high speed from 2010 to 2015, increasing the revenue at a rate of ~% in the respective years. Multi-specialty hospital group NMC healthcare dominated the market with the revenue share of ~% during this period.
Independent Diagnostic Laboratories Market
Independent diagnostic laboratories is most recently established market in the UAE with revenue of USD ~ million and growth rate of ~% in span of six years (2010 - 2015). The rising self care attitude among people coupled with increasing prevalence of chronic diseases is the major factor which has led to growth of independent diagnostic laboratories. These laboratories are actively engaged in providing pathology tests, and pathology tests contribute approximately ~% of the total revenue in 2015. Radiology tests generated low share of the market majorly due to presence of limited number of radiology services including X-ray and ultrasound. Organized players including Proficiency Healthcare Diagnostics, National Radiology Laboratory, Al Borg Laboratories and Medsol Laboratories captured major share of the market with revenue share of approximately ~%. Proficiency Healthcare Diagnostics led the market with ~% share.
UAE Telemedicine Market
Emergence of Abu Dhabi Telemedicine Center in 2013 marked the initiation of core telemedicine services in the UAE. The center has experienced a high growth during this period with revenue of USD ~ million in 2013 and USD ~ million in 2015, and the market is expected to grow at a CAGR of ~% during the forecast period. Prior to this, teleradiology was the only segment which was generating revenue for UAE in telemedicine market. Teleradiology segment has experienced the growth rate of ~% from 2010 to 2015.
UAE Home Healthcare Market
Home healthcare market is newly established market with large number of unorganized players operating in the market. Americare Home Health Services, Manzil Healthcare Services, and Emirati Canadian Home Healthcare Services are the major among many. The market has exhibited the growth by ~% in between 2010 to 2015 and is expected to experience growth rate of ~% during the forecast period. Aging population and high prevalence of diabetes leading to kidney failures and subsequently increase in demand for home peritoneal dialysis are the major factors which are expected to contribute in the growth of the market.
Key Topics Covered in the Report:
  • The market size of UAE Healthcare Market
  • Market segmentation of UAE Healthcare market on the basis - By Healthcare Segments - Medical Devices, Pharmaceuticals, Hospitals, Independent Diagnostic Laboratories, Clinics/Polyclinics, Home Healthcare and Telemedicine
  • The market size of UAE Medical Devices Market
  • Market segmentation of UAE medical devices market on the basis
  • The market size of UAE pharmaceuticals Market
  • Market segmentation of UAE pharmaceuticals market on the basis
  • The market size of UAE hospitals Market
  • Market segmentation of UAE hospitals market on the basis
  • The market size of UAE independent diagnostic laboratories Market
  • Market segmentation of UAE independent diagnostic laboratories market on the basis
  • The market size of UAE clinics/polyclinics Market
  • Market segmentation of UAE clinics/polyclinics market on the basis
  • The market size of UAE Telemedicine Market
  • The market size of UAE Home Healthcare Market
  • The market size of UAE Pharmacy Retail Market
  • SWOT Analysis of UAE Healthcare Market
  • Trends and Developments in UAE Healthcare Market
  • Investment Model of UAR Hospitals Market
  • Revenue Stream of Independent Diagnostic Laboratories
  • Purchase Decisions regarding Medical Devices
  • Competitive landscape and detailed company profiles of the major market players
  • Government Regulations in UAE Healthcare Market
  • Future outlook and projections of UAE Healthcare Market
  • Analyst Recommendations
  • Macro-economic Factors Impacting the UAE Healthcare Market
Market research report :  https://www.kenresearch.com/healthcare/general-healthcare/uae-healthcare-market-report/37505-91.html
Contact Us
Ken Research
Ankur Gupta, Head Marketing & Communications
Ankur@kenresearch.com
+91-9015378249