Friday, May 17, 2019

Growing Landscape of the X-Ray Detectors in the North America Market Outlook: Ken Research


The systems of X-Ray utilize the high-energy radiation for the identification and diagnosis of diseases by catching the images of the internal structure of the human body. Detector-based digital radiography is the new and innovated technology enhancement in the X-ray. It utilizes different types of the solid-state detectors such as charge coupled devices, flat panel detectors as an image receptors and an x-ray foundation for the introduction of the high-quality radiographs. Not only has this, these detectors escalation the dose efficiency, quality of an image and comfort of the equipment handling. Furthermore, many of the players in the market of X-Ray detectors in North America are doing significant developments in the technology for increasing the quality of the product and ease of controlling the equipment for increasing the demand and delivering effective consumer satisfaction which further benefitted for increasing the value of market share and leading the fastest market growth more positively.


According to the report analysis, ‘North America X-Ray Detector Market - Industry Trends and Forecast to 2026 states that there are several key players which are presently functioning in this sector more actively for dominating the high value of market share and registering the fastest market growth while developing the specifications of the technology, quality of the imaging and significant increase in the applications includes AMPTEK, Inc., Varex Imaging Corporation, Rigaku Corporation, Moxtek, Teledyne DALSA Inc., Canon Inc., Konica Minolta, Inc., Detection Technology Plc., FUJIFILM Corporation, PerkinElmer Inc., Thales Group, Carestream Health, YXLON International, Idetec Medical Imaging, Medecom, Rayence, Analogic Corporation, Hamamatsu Photonics K.K, Vieworks Co., Ltd., Agfa-Gevaert Group and several others. Moreover, many of the players in this market are increasing the number of end users while increasing the applications and specifications of the technology for providing better services at a reasonable price which further benefitted for leading the fastest market growth throughout the forecasted period more positively.

The North America x-ray detector market is anticipated to increase at a highest CAGR of 5.2% in the forecast period 2019 to 2026. Moreover, the market of X-Ray detectors in the North America is divided into different sectors which majorly includes application, end users, region and type. Whereas, on the basis of end user, the market is split into Hospitals, Diagnostic Laboratories, Original Equipment Manufacturers (OEM'S), Clinics, ICU while, the sector of application includes Medical Imaging, Dental Application, Security Application, Veterinary Application, and Industrial Application. However, the sector of hospitals is the most speedily growing sector due to the most of the X-rays are done in hospitals therefore, hospitals need a superior number of x-ray systems and their detectors.

Additionally, reduction in the prices and advantages offered by digital detectors, growing concern regarding to the non-invasive processes, increasing geriatric population, development of wireless X-Ray detectors, developing the markets, studying the strict regulatory processes and several others are the major factors for leading the market growth. Therefore, in the near future, it is expected that the market of X-Ray detectors will increase in the North America more positively over the forecasted period.

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Dynamic Landscape Of The Point-To-Multipoint Communication System Market Outlook: Ken Research

The Point-to-Multipoint is on the flowing trend allowing for the wireless communication which comprises a large number of nodes, end users or end destinations. Basically, the point-to-multipoint dons there is a central base station to which the distant subscriber units or CPE (customer premises equipment) a terminology which was formerly utilized in the traditional wired the telephone industry is specifically connected over the wireless medium. The connections between the base station and the subscriber units could be either line of sight in view of minor frequency radio system or non-line-of sight where the linkage budget permits. Moreover, the point to multipoint links frequently is produced and installed to lessen the cost of the infrastructure and improve the number of customer premises equipment and connectivity. Furthermore, many of the players in the market of point-to-multipoint communication system are doing effective developments in the technology more significantly for increasing the efficiency of the communications and decreasing the cost of communication which further benefitted for leading the fastest market growth and registering the high value of market share around the globe more positively throughout the forecasted period.
According to the report analysis, ‘Global Point-To-Multipoint Communication System Market Size study, by Product (Sub 6GHz, 6GHZ-18 GHz, 19 GHz-18 GHz), by Application (Mobile Network Operators, Internet Service Providers), and Regional Forecasts 2018-2025.’ states that there are several key players which are presently functioning in this sector more actively for registering the fastest market growth and dominating the high value of market share around the globe throughout the forecasted period while decreasing the barriers in the market growth, increasing the demand for adequate communication and establishing the public awareness campaigns include CamBium Networks, Ceragon Networks Ltd, Intracom Telecom, Cambridge Broadband, Ericsson, Huawei, Aviat Networks Inc, Airspan, IMEC, HFCL, Comba, Exalt Wireless, Siklu, QinetiQ Group PLC, Vision-BOX and several others.
The Point-to-Multipoint communication system market is enhancing and expanding at a significant pace. Whereas, the Global Point-To-Multipoint Communication System Market appreciated approximately USD 12 billion in 2017 is predicted to rise with a healthy growth rate of more than 5.70% over the forecast period of 2018-2025. Moreover, one of the principal obstacles is inadequate communication of the demands& requirements of inaugurating an effective and accessible PEV recharging network.
Additionally, the private organizations and public officials want to exactly understand the PEV & infrastructure surrounding & aim on the dependable public awareness campaigns helping the constant acceptance of PEVs. Furthermore, on the basis of region, the market of a point-to-multipoint communication system is spread around the globe which majorly involves Asia Pacific, North America, Europe, Latin America and Rest of the World.
However, owing to the underdeveloped countries such as China, Japan, and India, Asia Pacific region is foreseen to exhibit higher growth rate / CAGR over the forecast period of 2018-2025. North America region is the leading/significant the region across the world in terms of market share. Therefore, in the near future, it is anticipated that the market of point-to-multipoint communication systems will increase around the globe more positively over the forecasted period.
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Thursday, May 16, 2019

Philippines International Remittance Driven by Consistent Growth in Overseas Filipino Workers and Rising Penetration of Banks and Mobile Money: Ken Research

“The improvement in the global economic conditions has been a major growth driver in the OFW remittances during 2018. Depreciation of Philippine Peso was also a factor that raised the amount of OFW remittances.”
Analysts at Ken Research in their the latest publication Philippines Remittance and Payments Market Outlook to 2024 – Growth Backed by Sustained Internal Migration, Rise in Overseas Filipino Workers and Surge in BPO Sector believe that promoting the latest technologies such as digitization of money transfer, new transaction platforms and increasing deployment of Filipinos in other countries will aid the Philippines International Remittance Market.
Remittance and Payments Industry Philippines
Growing Internal and External Migration: Migration of labor has been an important mode of movement of Filipinos to other countries particularly because of the scarcity of jobs with inadequate income in the Philippines and due to the demand, principally in less skilled occupations in overseas nations. The majority of the OFWs primarily originate from the Cavite, Laguna, Batangas, Rizal, and Quezon (CALABARZON) region (approximately 17%), and the peripheral regions of Central Luzon (approximately 15%) and Metro Manila (approximately 14%). The regions accounting for the least number of OFWs include Caraga, MIMAROPA (Mindoro Oriental and Occidental, Masbate, Romblon, and Palawan) and the Cordillera Administrative Region.
Seasonal Variations in Philippines Remittance: International remittance inflows in the Philippines are highly affected by seasonal patterns. For instance, March is the month for graduation in the Philippines and remittances have showcased significant incline in this month over the past five years. Remittances also inclined in the months from May to June as it is the period of opening of schools. Moreover, transfer of finances from OFWs also exhibited a hike amidst the holiday season especially in the month of December as they sent more money back home for Christmas festivities, gifts, and other holiday-related expenses.
The gains that families in The Philippines draw from remittances principally hinge on where and how they spend the remittances. For instance, Filipino households which obtained remittances from overseas Filipino workers have spent relatively less on the consumption of goods such as food and more on investment goods such as housing and education. International remittances have been characteristically utilized for investments in human capital and physical assets, which majorly include health and education. Such investments were observed to be directly responsible for invigorating growth.
Competition Forces in the Philippines Remittance Market: In the Philippines, international remittance has been dominated by Banks and MTOs such as Banco De Oro, Bank of Philippines Island, Metropolitan Bank, Western Union, MoneyGram, and others. On the other hand, the market is becoming competitive with the introduction of new technologies. New players and startups are offering different forms of money transfer services. With the advent of digital currency and blockchain technology, companies are becoming adaptable for currencies like bitcoin to enable remittance services.
Growth of Pawnshops: The broader reach of pawnshops has been fundamentally attributed to the ease of establishment. In contrast to a bank, a pawnshop requires a lesser amount of space, fewer staff, and requires much less capital, where it is mandatory for each pawnshop branch to have a capital of just PHP 100,000, as stated by BSP. Out of the 16,723 pawnshops in 2016, around 7,400 also provided some auxiliary services such as remittances facilitation, money changing, and bills payment facilitation. By the end of the first quarter of 2018, the number of pawnshops in The Philippines increased to 16,582.
Key Segments Covered:-
Domestic Remittance
By Remittance Channels
Banks
Non Banks
By Types of Services
Branch Pick-Up
Online
Door to Door
Prepaid Cards
Direct Credit to Bank Account
By Major Flow Corridors
Bill Payment Market
By Channel of Payment
Banks
Non Banks
By Type of Payments
Water
Electricity and Fuel Bills
Insurance Premium
Communication
Education
By Mode of Payment
Offline
Online
Method of Payment
Convenience Stores
Online/Mobile Payments
Biller’s Business Offices
Remittance Companies
Banks and Others Offline
International Remittance Market
By Major Flow Corridors
US
UAE
KSA
UK
By Remittance Channels
Banks
Non Banks
By Payout Mode
Cash
Non-Cash/Electronic Transfer
Door to Door Delivery Method of Payment
Key Target Audience:-
Money Transfer Operators
Banks
Pawnshops
Bill Payment Companies
M-Wallets
Mobile Money Companies
Central Bank
Investors and PE Firms
Convenience Stores
Time Period Captured in the Report:-
Historical Period – 2013-2018
Forecast Period – 2019-2024
Companies Covered:-
International Remittance Companies:
Banco de Oro
The Bank of Philippine Islands
Metropolitan Bank
Cebuana Lhuillier
M Lhuillier
Palawan Pawnshop
Western Union
LBC
iRemit
Wells Fargo
Xoom
Domestic Remittance Companies:
Palawan Pawnshop
Cebuana Lhuillier
Smart Padala
M Lhuillier
LBC Express
BDO
BPI
Western Union
Keywords:-
Philippines Bill Payment Market
Philippines Remittance Industry
Philippines Remittance Market
Transportation Bill Market Philippines
Insurance Premium Bill Payment Market Philippines
Mobile Phone Payment Market Philippines
Convenience Stores Bill Payment Philippines
NCR Domestic Remittance Philippines
Manila Domestic Remittance Market
Pawnshop Remittance Philippines
LBC Express Philippines Remittance
Western Union Philippines Remittance
Smart Padala Philippines Revenue
Pinoy Express Philippines
Cebuana Lhuillier Philippines
Banco De Oro Philippines
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Ankur Gupta, Head Marketing & Communications
+91-9015378249

Uganda Lubricants Market is majorly driven by growth in the Automotive Sector of the Country: Ken Research


“Growth in sales of cars and motorcycles coupled with increase in manufacturing activities has led to rising domestic consumption of lubricants in Uganda Year-On-Year.

Analysts at Ken Research in their latest publication “Uganda Lubricants Market Outlook to 2023 - By Basis of Origin (Mineral, Semi-Synthetic and Synthetic), By Type (Automotive Lubricants and Industrial Lubricants), By Automotive and Industrial Product Types, By Automotive and Industrial End Users and By Automotive and Industrial Channels of Distributionbelieve that increasing production of synthetic and semi-synthetic lubricants, building brand image / investing towards marketing activities, developing facilities for refining of used oil, recycling and effective disposal, expanding dealer networks, focusing on industrial lubricants and investment in R&D will aid the lubricants market demand in Uganda. The market is expected to register a positive CAGR of 17.1% in terms of revenue and a CAGR of 14.8% in terms of sales volume during the forecast period of 2018–2023.

Growing Vehicle Sales in Uganda: Increased sales of passenger vehicles and Motor-cycles have majorly driven the demand for automotive lubricants market in Uganda. Demand from this sector is expected to remain consistently high in the near future, following the present trend in the sector. The country witnessed an increase in new motorcycle registrations from 66,300 in 2012 to 93,894 in 2018, thereby leading to high usage of automotive lubricants especially passenger car motor oils, heavy duty diesel engine oils, hydraulic oils and others. In addition to that, the government of Uganda ordered 4 CRJ900 planes from Canadian aircraft manufacturer and is also expected to launch their own national airlines in the near future which will boost the demand for aviation-based lubricants in the country.

Increasing Demand for Synthetic and Semi-Synthetic Lubricants: While mineral oil based lubricants account for majority of the demand for lubricants in Uganda due to their economical price, the demand for synthetic and semi-synthetic lubes has been rising due to increasing awareness of their multiple benefits and the consumers considering good quality lubricants for their vehicles. This includes their physical properties such as high Viscosity Index (VI), high level of thermal stability, low freezing point, high boiling point and others, thereby helping to reduce friction between surfaces of machinery parts and the rate of wear-and-tear. This improves the productivity, and hence longevity, of machinery equipment and cars.

Increasing Usage of Recycled Lubricant Oils: The trend of using cheap recycled lubricants instead of the expensive imported lubricants (due to low disposable incomes of the people in the country) has been increasing in Uganda since 2015. The domestic production of recycled lubricants has also impacted the market as now sellers have started selling recycled lubricants in the country. The re-packaging of these used / recycled lubes affects the market demand largely and reduces the trustworthiness of companies operating in the lubricants segment. The fake oil is produced from waste lubricants and machine oil, which is bought cheaply from various fuel stations in Kampala and are further, recycled and repackaged for sale as clean lubricants. Major players such as total and Shell were alleged by lube end users that their lube oil was not performing as expected, thereby affecting their financial performance.

Keywords:-
Uganda Lubricants Market
Uganda Lubricants Market Research Report
Uganda Lubricants Market Revenue
Uganda Lubricants Market Sales Volume
Uganda Lubricants Market Companies
Uganda Lubricants Market Insights
Hydraulic Oils Market Uganda
Greases Market Uganda
Gear Oils Market Uganda
Industrial Oils Market Uganda
Turbine Oils Market Uganda
Uganda Construction Sector
Uganda Manufacturing Sector
Uni Oil Lubricants Market
Libya Oil Lubricants Market

Key Segments Covered:-
Basis of Origin
Mineral Oil
Semi-Synthetic Oil
Synthetic Oil

Type
Automotive Lubricants
Industrial Lubricants

Automotive Lubricant Type
Type of Oil
Passenger Car Motor Oils and Motorcycle Oils
Heavy Duty Diesel Engine Oils
Hydraulic Oils
Gear Oils & Transmission Fluids
Greases

End User
Passenger Vehicles and Motorcycles
Commercial Vehicles
Marine
Aviation

Distribution Channel
OEMs (B2B)
Dealer Network (OEM Workshops /Service Stations /Local Workshops) (B2C)

Industrial Lubricant Type
Type of Oil
Hydraulic Oils
Industrial Gear Oils
Compressor oils
Transformer oils
Turbine Oil
Industrial Greases

End Users
Manufacturing
Construction
Power generation
Others (Agriculture, Mining and Mass Roadways Transport)

Distribution Channel
Direct Sales
Dealer Network

Key Target Audience:-
Lubricant Manufacturers, Distributors and Importers
Automobile Manufacturers
Plastic Manufacturers
Metal Working Companies
Auto and Auto Component Manufacturers
Construction Companies
Textile Companies
Cement Companies
Mining Companies
Paper and Pulp Manufacturers
Power Generation Companies
Steel Manufacturers
Food & Beverage Companies

Time Period Captured in the Report:-
Historical Period – 2012-2018
Forecast Period – 2019-2023

Companies Covered:-
Total
Vivo Energy
Chevron
Mogas
ENOC
KenolKobil
Petrocity
Oryx Energies
Hass Petroleum
Other Players (Habib Oil, Ravoline, Potenza, Uni Oil, Libya Oil, Mount Meru and other recycled lubricant manufactures  i.e. other local blenders)

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