Friday, June 7, 2019

Vietnam Fitness Services Market will be driven by Increasing Number of Organized Fitness Centres and Rise in Personal Disposable Income: Ken Research


Rise in the number of additional services, growing health consciousness among people under the age bracket (15-64) has driven the Fitness Services Market in Vietnam.

The report titled “Vietnam Fitness Services Market Outlook to 2023 - By Subscription Period, By Organized and Unorganized, By Revenue Streams (Membership Fee and Personal Trainer Fee)” by Ken Research suggested that the Fitness Services market in Vietnam has been increasing due to rising fitness awareness among people, surge in disposable income, expansion in service portfolios of organised fitness service centres and increasing penetration of organized gyms in sub urban areas. The market is expected to register a positive CAGR of 19.5% in terms of revenue during the forecast period 2018-2023E.

Rising Obesity Rate: In Vietnam, it has been witnessed that the obesity rate has increased over the past five years. The obesity rate has grown at a CAGR of 8.4% during the period 2013-2018. Moreover, in future it is anticipated that obesity will reach 3.6% by the year ending 2023E. However, to cater the obesity problem in the country, Fitness centres such as Calikids, AKC Fitness, Nutrifort Fitness and several others has started helping children to lead a healthy life by providing them fitness training.

Dominance of Unorganized Gym Centres: One of the major reasons behind surging growth of the unorganised fitness centres is the low membership fees and easy accessibility of fitness centres from a customer’s house as they are majorly present in the housing locality only. People which are still looking forward to built their body into a muscular one usually focus towards unorganised fitness centres as these centres generally provides hardcore gym training to its customers.

Rising Popularity of Artificial Mountain Climbing: In Vietnam, majorly in Ho Chi Minh City artificial climbing is very popular among people. Artificial mountains are designed with rugged and steep slopes making it a complex and exciting exercise. Kick boxing is also a current trend among young people. Various organized fitness centres such as California Fitness and Yoga Center, Fit24, Citigym and others are offering kick fit as a service.

Surge in Demand of Group Exercise: Increase in group exercise such as Zumba, Pilates, cross fit, Martial Arts, Power Yoga is also contributing to the growth of the fitness service market as in future majority of the new fitness centres will be looking forward to offer these services at lower rates to capture majority of the customers into their fitness centres. Currently these group exercises has been majorly offered in organised fitness centres only but in future it has been expected various new unorganised fitness centres will also provide facility of group exercise to their customers to remain into the competition of the market.

Key Segments Covered:-
By Type of Market (Number of Gym Members and Number of Gyms)
Organized Market
Unorganized Market

By Source of Revenue-
Membership Fee
Personal Training

By Number of Gyms by Subscription Fee-
VND 0-5 Million
VND 5-12 Million
Above VND 12 Million

By Subscription Period-
1 Month
3 Month
6 Month
12 Month

Key Target Audience:-
Organized and Unorganized Fitness Centres
Fitness Equipment Manufacturers
Sports Authority
Private Equity Firm
Fitness Training and Trainers Associations

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

Major Fitness Centres Covered:-
California Fitness and Yoga Centre
Elite Fitness
Fit24
AKC Fitness
MMA Gym Fitness Centre
Citigym
Curves
Nutrifort Fitness
Advance Fitness
Yoga Center – VYOGA World 3/2
Star Fitness HCM
Diamond Fitness Center
Times Plus Fitness and Yoga
Body Fit Fitness and Yoga
Platinum Fitness and Kinesis
VShape Fitness & Yoga Center
Swequity Ultimate Fitness
Thanh Hai Gym
N Club
Vital fitness and yoga center
MD Fitness
Lykos Kickfitness Center
N-shape Fitness
KBE Fitness
AE Fitness
Universal Yoga
New Fitness and Yoga
Fitness and Yoga Centre Igym
Olympic Nha Trang Gym & Fitness
CLB gym T&V Fitness
Hanoi Kendo Club
Teekiu Fitness
Body SHAPE Gym

Keywords:-
Vietnam Fitness Services Market
Fitness Services Industry Vietnam
Vietnam Fitness Club Market
Vietnam Yoga Market Revenue
Vietnam Gym Industry Size
Number of Gyms in Vietnam
Vietnam Fitness Services Sales
Fit24 Fitness Services Market
Curves Fitness Services Market
AE Fitness Services Market
Vietnam Fitness Services Market Scope
Vietnam Yoga Industry Analysis
Vietnam Private Equity Firms

For more information, refer to below link:-
Vietnam Fitness Services Market

Related Reports:-
UAE Fitness Services Market Outlook To 2022 - By Market Structure (Organized And Unorganized), By Subscription Period (1month, 3months, 6months And 1year), By Region (Dubai, Abu Dhabi, Sharjah And Others), By Revenue Stream (Membership Fee And Personal Trainer Fee)

India Fitness Services And Equipment Industry Outlook To 2019 - Increasing Obesity And Disposable Income To Spur Future Growth

Philippines Fitness Service Market Outlook To 2023 - By Revenue Streams (Membership Fee And Personal Training), By Membership Subscription Package (1 Month, 3 Months, 6 Months & 12 Months), By Regions (Luzon, Visayas And Mindanao) And By Gender

Contact Us:-
Ken Research
Ankur Gupta, Head Marketing & Communications
Sales@kenresearch.com
+91-9015378249
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Saudi Arabia LED Lighting Market Outlook to 2023: Ken Research


The report titled “Saudi Arabia LED Lighting Market Outlook to 2023- By Type of LEDs (Lamps and Luminaires), By Usage (Indoor and Outdoor), By Sector (Commercial, Residential, Industrial, Healthcare, Hospitality and others), By Region, By Sales (Project and Retail)” covers the market size in the terms of revenue generated from the sales of LED lighting products and segmentations By type of LEDs (Lumniaries and Lamps), By Usage (Indoor and Outdoor), By Sector (Commercial, Residential, Industrial, Healthcare, Hospitality and others), By Region (Central, Eastern, Western and North & South),  By Type of Sales (Project and Retail) and provides a comprehensive analysis of market including market evolution, overview and genesis. Extensive focus has been placed in quantifying the industry revenue over the period, 2013-2023. The report covers aspects such as trade scenario, cost analysis, decision making process, trends and developments, issues and challenges, SWOT analysis, recent technologies, manufacturing clusters, government initiatives. Competitive landscape of major players such as Philips Saudi Lighting Company, Al Nasser Group, National Lighting Company, Cooper Lighting (Eaton), Zumtobel Lighting Saudi Arabia, Osram/Ledvance, Al Fanar Company Ltd have been extensively covered including company overview, major business strategies, USP, recent developments, major projects and other parameters. The report also covers future industry analysis (by revenue and upcoming technologies in Saudi Arabia LED lighting). This report will particularly help the readers to identify the ongoing trends in the industry, government regulations and anticipated growth in the future depending upon changing industry dynamics in upcoming years.



Saudi Arabia LED Lighting Market Summary
Market Overview: Saudi Arabia LED Lighting market is a flourishing space currently in growth stage. The increase in the number of residential establishments and growth in commercial projects focusing on green lighting has created high demand for the usage of LED lighting products. Electricity supply crisis especially during the summer season and reduction in subsidies on electricity prices increased the need for energy efficient lighting sources. Government has announced plans for the development of infrastructure and transportation with major projects such as development of Makkah and Riyadh Metro systems, expansion of King Abdulaziz International Airport, development of international tourist destinations in Red Sea Islands, entertainment city in Al Qidya. These provide a positive outlook for the lighting market.  The increase in the expenditure by government for replacement of traditional lighting sources with the LED lighting fixtures especially in the street lighting is another growth driver for the market. The Saudi Arabia LED lighting market registered a CAGR of close to 18% from 2013-2018.

Market Segmentation
By Type of LED (Lamps and Luminaires)
LED luminaires dominates the sales of LED lighting products in the market. Luminaires are preferred in the commercial and industrial sector as compared to lamps hence, constitutes for higher sales share. Lamps are popularly used in the residential sector.

By Usage (Indoor and Outdoor)
The LED lighting products are used for indoor and outdoor lighting. Indoor application of LED lights is prevalent in the premises of Residential, Commercial and Hospitality industry. The outdoor application of LED lights is common for the Building Exterior, Façade lighting, Street Lighting and Parking Lots and Garages lighting purposes. The market is dominated by the usage of LED lighting for the indoor lighting purposes.

By Sector (Commercial, Residential, Industrial, Healthcare, Hospitality and other sector)
The LED lighting is used in the Commercial, Residential, Industrial, Healthcare, Hospitality and other sector. Other sector includes Government Buildings, Airports, Public Spots, and Educational Institutions. Commercial sector dominated the market in terms of demand, followed by the residential sector, industrial sector, healthcare sector and hospitality sector respectively.

By Region (Central, East, West, North & South)
The central region has the highest demand for LED lighting products as most of the developed areas of Saudi including Riyadh wherein major commercial & financial set-ups are present. Riyadh is also a manufacturing hub for lighting companies present in the region. It is followed by Eastern, Western and North & South region respectively.

By Sales (Project and Retail)
The sales of LED lighting products are grouped in two types namely, Project Sales and Retail Sales. The project sales consist of sales in huge volumes to the commercial, government, residential and industrial sector. Project sales are high in the region due to the large number of construction and development projects being undertaken in Saudi Arabia. The retail sales are mostly happening in the residential and hospitality sector.


Competitive Landscape
The competition in Saudi Arabia LED lighting market is highly concentrated with approximately 50 companies including domestic and international. The market is import driven with handful of manufacturing plants based in the country. The market requires huge investments in the R&D, product development, marketing and promotion. The major competing parameters for the players are diverse product portfolio, brand name, pricing, the energy efficiency, the product life output and others.
The top five major players present in the market are Philips Saudi Lighting Company, Al Nasser Group, National Lighting Company, Cooper Lighting (Eaton)  and Zumtobel Lighting Saudi Arabia.

Saudi Arabia LED Lighting Market Future Outlook
It is estimated that the Saudi Arabia LED lighting market has been anticipated to grow registering a CAGR of close to 9% during 2018-2023. The growth rate is expected to slow down initially due to the expected changes in lighting regulations in the Kingdom however, it will pick up with growth in the construction industry. The Deputy Crown Prince Mohammad bin Salman Al Saud’s Kingdom’s Vision 2030 plan for development of new municipalities and construction of smart cities will drive the growth of the market for LED lighting products.

Key Segments Covered in Saudi Arabia LED Lighting Market

By Type of LEDs (On the Basis of Revenue)
LED Luminaires
Downlights
Linear Lights
Flood Lights
High Bay
Other Luminaires
LED Lamps

By Usage of LEDs (On the Basis of Revenue)
Indoor
Outdoor
Street Lighting
Building Exteriors/ Façade Lighting
Parking Lots and Garages
Others

By End User Sector (On the Basis of Revenue)
Commercial
Residential
Industrial
Healthcare
Hospitality
Others

By End User Sector (On the Basis of Revenue)
Central
Eastern
Western
North and South

By Type of Sales (On the Basis of Revenue)
Project
Retail

Key Target Audience
Existing LED Lighting Manufacturers in Saudi Arabia
New Market Entrants- Domestic OEMs
New Market Entrants- Foreign OEMs
Real Estate Companies
Government Bodies
Investors & Venture Capital Firms
Lighting Equipment Manufacturers and Importers
LED Lighting Retail Chains
Lighting Equipment Distributors
Lighting Equipment Associations

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

Companies Covered:-
Philips Saudi Lighting Company
Al Nasser Group, National Lighting Company
Cooper Lighting (Eaton)
Zumtobel Lighting Saudi Arabia
Osram/Ledvance
Al Fanar Company Ltd
Zubair Electric Group/ Spectra Lighting & Power Solutions LLC
Cinmar Lighting Systems
Huda Lighting
Al AbdulKarim Trading Company

Key Topics Covered in the Reports:-
Overview and Genesis For the Saudi Arabia LED Lighting Market
Cross-Comparison of Saudi Arabia LED lighting Market with other Middle East nations
Saudi Arabia LED Lighting Market Value Chain Analysis
Major Entities Involved in Value Chain and their Strategies
Saudi Arabia LED Lighting Market Size, 2013-2018, By Sales Value
Saudi Arabia LED Lighting Market Segmentation, By Type of LEDs
Saudi Arabia LED Lighting Market Segmentation, By Usage
Saudi Arabia LED Lighting Market Segmentation, By Sector
Saudi Arabia LED Lighting Market Segmentation, By Region
Saudi Arabia LED Lighting Market Segmentation, By Sales
Cost Analysis/ Cost Component for LED Lighting in the Saudi Arabia Market
Decision Making Process Before Purchasing LED Lighting in the  Saudi Arabia Market
Trends and Developments in the Saudi Arabia LED Lighting Market
Issues and Challenges in Saudi Arabia LED Lighting Market
SWOT Analysis for the Saudi Arabia  LED Lighting Market
Recent Technologies in Saudi Arabia LED Lighting Market
Manufacturing Clusters for LED and Component Manufacturers in the Saudi Arabia
Government Initiatives and Regulations in the Saudi Arabia LED Lighting Market
Market shares of major players in Saudi Arabia Lighting Market
Competitive Scenario in Saudi Arabia LED Lighting Market
Competitive Landscape of Major Players in Saudi Arabia LED Lighting Market
Saudi Arabia LED Lighting Market Future Outlook and Projections, By Revenues, 2019-2023
Saudi Arabia LED Lighting Market Future Outlook and Projections, By upcoming Technologies in the Lighting Market
Analyst Recommendations

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

Saudi Arabia LED Lighting Market

Related reports

South Korea LED Lighting Market Outlook to 2018 - Backlighting Units to Drive LED Growth

India LED Lighting Market Outlook to 2019 - Next Wave of Growth Driven by Government Initiatives

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

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To Drive Blade Server Market in India over the Forecast Period: Ken Research


A blade server is a server frame housing many electronic circuits or modular, which improve numerous issues brought by data centers, including manageability and server density. Each of the blades can be managed & operated by administrator, which can be allocating to various applications or the end users. It includes its own processor, storage, memory, and operating system. The each of the blade of server in a frame acts as an independent server & can be dedicated to a distinct application. These ease in creating well-organized data center facility & also substitute the traditional rack or tower servers. Blade servers provides incorporated platform in an enterprise with dwelling multiple units in a single framework. They operate as a distinctive stripped-down adaptive server among a modular design that saves energy & space. Moreover, blade server installation also decreases various indirect operating costs for instance cabling cost, facilities charges, and others. Additionally, some of the major tasks achieved by blade server includes file sharing, virtual server platforms hosting, database & application hosting and audio & video content.

According to study, “Blade Server Market in India, By Products (x86 Servers, Non x86 Servers), By End User (SME, Enterprises), By Data Center Type (TIER 1, TIER 2, TIER 3, TIER 4), By Services - Trends & Forecast - 2015-2020” the major companies operating in the blade server market is India are Dell, Hewlett-Packard Development Company, L.P, CISCO Systems Inc., International Business Machine Corp (IBM), Oracle Corporation, Fujitsu Limited. Blade Servers provided by these companies are supporting myriad processor technologies & operating systems to facilitate clients to run various workloads within a single structural design. The blade servers offers vendors to reduce complexity, improve flexibility and improve system management which brings down cost significantly.

Based on product types, blade server market is segmented into x96 servers and non x86 servers. Based on data center type, market is segmented into tier 1, tier 2, tier 3 and tier 4. Based on services types, market is segmented into consulting services, installation & support service and professional services. Installation & support services are projected to direct the market over the estimate time frame on account of wide use of these services as a substitute of rack servers.

The blade server market is primarily driven by increase in load on data centers, followed by increase in adoption of virtualized applications, effective utilization of data center space, low power consumption over rack servers and cost reduction in expenses like cooling cost & cabling cost etc. In addition, some of the major restraint complexity involved in installing, high initial investment, and limited expansion & storage capacity.

The booming data centers in Hyderabad, Bangalore, and Chennai demand has led to development of blade server market. The rise of private endeavors in the cities have resulted in augmented usage of servers. Since the primary investment outlay is elevated, smaller players restrict their custom of the servers.

North American region presently holds the major market share in the blade server market, caused by presence of data driven enterprises. In Europe, market is substantially growing due to expansion of data centers & need for the density optimization. Moreover, Asia-Pacific region is projected to witness a high growth rate over the forecast period on an account of high economic growth and increase in demand for the data centers. Moreover, the Middle East region is on the rise of increased IT spending & virtualization applications. In near future, it is expected that the Indian blade server market to grow rapidly owing to high adoption of technological innovations and rise in demand of data centers.

To know more, click on the link below:-
Blade Server Market in India

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

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Indonesia Used Car Market Drive by Emergence of Online Auto Classified and Increased proportion of C2C Transactions: Ken Research

“Majority of the used car sales through online mode are generated from young individuals within the age group of 21-34 years. A new trend witnessed in the used car industry in Indonesia is the increased number of listings by dealers and customers on online platforms”
The report titled “Indonesia Used Car Market Outlook to 2023 - Rising Popularity of Online Platforms and Reduction in Average Ownership Period to Drive Used Car Sales” by Ken The research suggested a growth at a noteworthy CAGR of 8.5% in terms of Gross Transaction Value in the upcoming years till the year ending 2023E. It is suggested that new online auto portals can incentivize dealers to post advertisements on their website by offering a competitive listing fee and cash back to buyers that purchased the used car through their website.
Indonesia Used Car Market.
Influence on Car Purchase Decisions: People used to prefer buying used cars in Indonesia on the basis of suggestions given by friends and families which were not up to the mark in terms of quality check. Apart from that, the market was dominated by numerous unorganized used car dealers (consisting of local dealerships, local vendors and others) that provided second-hand cars at cheaper rates and it benefited the price-sensitive customers within Indonesia. The biggest evolution can be seen via the organized structure which constitutes multi-brand organized showrooms and OEM certified dealerships that provide numerous used car brands which are subsidiaries of international automobile brands.
Competition Scenario: Competition within Indonesia used cars market was observed to be highly fragmented with the presence of a large number of local dealerships, small mechanics and individual sellers, which collectively makes up the unorganized space with the majority of the share in the year 2018. The remaining value share was captured by the organized sector during 2018. Some of the major organized players operating within the country’s used car industry include Online Portals such as OLX Indonesia, Mobil123, Carmudi, Mobil88; Multi-Brand Showrooms / Dealerships such as Mobil88, Andre Motors, Auto2000, Tunas, Sun star motors, and OEM Certified Dealerships such as Auto Safe Hyundai, Toyota Trust, Mercedes Certified, and BMW Premium Select.
Brand Conscious Buyers in Indonesia: Indonesians have become more brand conscious in most aspects such as consumer durables, cars, and electronics especially in tier 1 and tier 2 cities. Used car dealers have indicated the rising demand for luxury and branded cars by many potential buyers. Thus, an individual who is planning to buy a new high-end Honda or Nissan car would rather upgrade to a used Mercedes, Audi or BMW car in the country. The demand has peaked to an extent that developed cities have a minimum of 10-15 used car dealers that only sell high-end luxury cars.
Key Segments Covered:-
Market Structure
Unorganized Sector
Organized Sector
Distribution Channel
Unorganized (Local dealership, C2C)
Organized (Multi-brand dealership and OEM certified, Repossessed cars)
Unorganized and Organized lead generation source
Dealership Walk-ins
Online Auto Portal
Type of used cars
MPVs/Sedan
Economy/Hatchback
SUV
Sales by major cities
Jakarta
Surabaya
Medan
Bandung
Others
Type of Used passenger cars
Private
Commercial
Kilometers driven
>5000
5000-20000
20000-50000
50000-80000
80000-120000
120000 and above
Year of manufacture
Before 2000
2000-2002
2003-2005
2006-2008
2009-2012
2013-2018
Fuel Type
Gasoline
Diesel
Others (Hybrid, electrical, CNG)
Key Target Audience
Automobile Companies
OEM certified companies
Online Classifieds
Multi Brand Organized Car Dealers
Time Period Captured in the Report:-
Historical Period - 2013-2018
Forecast Period - 2019-2023
Companies Covered:-
Multi-brand Dealerships (Mobil88, Andre Motors, Auto2000, Tunas, Sun Star motors, and others)
OEM Certified Dealerships (Toyota Trust, Hyundai Autosafe, Mercedes certified, and BMW premium select)
Online auto portals (OLX, Mobil123, Carmudi, Mobil88, OTO others)
Keywords:-
Used Toyota SUV Indonesia
Auto finance Penetration Indonesia
Buying Used Car Indonesia
Cheap Cars for Sale Indonesia
Indonesia Automotive Finance Industry
Online Used Vehicle Market
Used Car Sales Indonesia
Pasar Mobil Bekas Indonesia
Industri Mobil Bekas Indonesia
Industri Mobil Bekas di Indonesia
Pasar Kendaraan Bekas Indonesia
Segmentasi Pasar Mobil Bekas Indonesia
Pangsa Pasar Mobil Bekas Indonesia

Organized Dealers in Indonesia Used Cars Market
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
Sales@kenresearch.com
+91-9015378249
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Location: Indonesia
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