Friday, October 11, 2019

Saudi Arabia Furniture Market | Saudi Arabia Furniture Industry: Ken Research

How Is The Competition Scenario Saudi Arabia Furniture Market?
Competition stage within the Saudi Arabia furniture market was observed to be highly fragmented along with the presence of multiple domestic as well as global players. Furniture products of various price segments, inclusive of cheap, mid-segment and luxurious/premium products are designed by several manufacturers to cater to the needs of ever-expanding the customer base of all classes. Over the years, the competition between the domestic and international players has intensified owing to the increase in demand for furniture products in the KSA. The organized sector has been posing a threat to the unorganized sector for a long while now. However, organized players have been successful due to their rising marketing campaigns and promotions which largely include the price reduction on MRP and high quality being offered at low cost. Apart from that, some of the major parameters on the basis of which companies compete in the market include a number of stores, pricing, and type of material used in furniture, product SKUs, online presence/distribution channel and others.
Saudi Arabia Furniture Market
Case Study For Installing Home Furniture In Saudi Arabia
A set of assumptions have been considered while writing a case study on home furniture installation in the country. Apartment-style houses have been considered where 2 BHK apartments were most widely preferred by the customers of the country ranging from ~ sq. meter to ~sq. meter. We have considered the area of the apartment to be ~square meter. The apartment consists of ~ bedrooms of which one is a master bedroom, with different dimensions, have been considered. The apartment consists of one living room and one kitchen and dining area owing to limited plot size availability with most 2BHK apartments.
Case Study For Installing Hotel Furniture In Saudi Arabia
The hotel furniture installed across Saudi Arabia hotels varies in terms of the quality of the furniture being used which defines the target audience being catered. Luxury and premium hotels are likely to invest heavily on furniture in order to offer exclusive experiences to their customers. However, the budget-friendly hotel is conservative about their spending on furniture. The replacement cycle of furniture is higher in luxury hotels as compared to budget-hotels.
What Is The Future Outlook For The Saudi Arabia Furniture Market?
The furniture industry of Saudi Arabia is expected to grow at a positive double-digit CAGR during the forecast period 2019-2023. The increase in furniture demand is fueled by factors such as the rising number of hotels and resorts due to the promotion of tourism in Saudi Arabia. Government interventions will play a crucial role in driving the furniture market in Saudi Arabia. The relaxation of norms for foreign companies to enter the Saudi Arabia market will drive the increased demand for commercial space hereby, elevating commercial furniture demand. Changing people's preferences from bulky furniture to sleek as well as multi-purpose furniture will also increase the scope of furniture market over the long term. Upcoming real estate projects such as Amaala and The Red Sea Project will also contribute to the rising demand for luxury furniture in the near future.
Key Segments Covered:-
Market Structure
Organized Segment
Unorganized Segment
Material Used
Wood
Glass
Metal
Plastic
Others (Bamboo and MDP)
End Users
Residential Purpose
Bedroom Furniture
Beds
Beds without Storage
Beds with Storage
Size of Beds
Single Size Bed
Double Size Bed
Queen Size Bed
Material Used in Beds
Wood
Steel
Mattresses
Chests of Drawers
Wardrobe
Living Room Furniture
Sofa
Material Used in Sofa
Fabric
Leather
Sofa Seating Furniture
3+2 Seating
3+2+1+1 Seating
Other Seating Pattern
Coffee Table and Centre Table
Material Used in Coffee Table and Centre Table
Wood
Steel and Glass
Sofa cum Bed
Others (TV Cabinets and Stools)
Dining Table Furniture
Material Used in Dining Table
Wood
Others (Steel and Glass)
Seating Arrangement of Dining Table
< 6 Chairs
6-8 Chairs
8 Chairs
Type of Kitchen Furniture
Modular
Regular
Outdoor Furniture
Style of Residential Indoor Furniture
Modern and Contemporary
Traditional or Classic
Hospitality Furniture
Commercial
Type of Office Furniture
Workstation Desk
Office Chair
Conference Table
Corner Table
Office Storage
Key Target Audience
Furniture Retailers
Furnishings Retailers
Private Equity Companies
Contract Furniture Manufacturers
Furniture Association
Government Associations
Real Estate Developers
Time Period Captured in the Report:-
Historical Period: 2013-2018
Forecast Period: 2019-2023
Companies Covered
IKEA
Home Centre
Almutlaq Furniture
Al-Rugaib Furniture
Al Jedaie Office Furniture
El Ajou Group
Key Topics Covered in the Report:-
Saudi Arabia Furniture Market
Saudi Arabia Furniture Industry
Furniture industry in the KSA
Saudi Arabia furniture market revenue in 2018
Furniture sector in KSA
Saudi Arabia Residential Furniture Market
KSA Furniture Market Analysis
Saudi Arabia Furniture Manufacturers
Saudi Arabia Furniture Market Revenue
Saudi Arabia Furniture Retailers Market
Saudi Arabia Outdoor Furniture Market
Saudi Arabia Office Furniture Market
Office Furniture Market in Riyadh
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Ken Research
Ankur Gupta, Head Marketing & Communications
+91-9015378249
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Location: Saudi Arabia

US Vehicle Finance Market Research Report And Market Forecast: Ken Research

Competitive Landscape in the US Auto Finance Market
The Competition in the US vehicle finance market is extremely fragmented. The Major lending institution types in the market are Banks, Captives, Private Finance Companies and Credit Unions. Banks hold a majority share in the lending space for New Vehicles, and Captives dominate the Used Vehicle segment.  Some of the leading banking institutions include Ally Financial, Capital One, Bank of America, Wells Fargo and Chase Auto Finance. Stiff competition was observed in the case of Captives including Toyota Motor Credit Corporation, GM Financial, American Honda Finance Corporation, Nissan Motor Acceptance Corporation and Ford Motor Credit Corporation. Credit Unions such as Pentagon Federal Credit Union have been seen to register double digit growth, representing the trend of the rapid growth of credit union. Parameters on the basis of which companies compete in the market include interest rate, digitalization, and ease of transaction, distribution network, service portfolio and others.

Snapshot on Digitization of US Auto Finance
The Digital based Vehicle Finance model looks to increase convenience and reduce the number of stakeholders in the market to provide a streamlined lending experience for the borrower. It relies on the delimiting resource of internet to increase awareness among the end users in the market, which are the consumers. The process today, begins on a web browser window, when the borrower researches potential vehicles, dealers providing the preferred vehicle, financing options and financing outlets. Then Lead Generation kicks in, and allows the dealership to directly contact the customer. Or the borrower can sort out financing of the vehicle before deciding about the purchase, by applying for preapproval online at a lender’s website. All this is done before contacting the dealership or the lender. Once the borrower is in contact with the dealership, the process follows a similar path to the traditional model and ends when the vehicle is delivered. But with the ever increasing level of technology, important aspects such as CRM, Marketing, and Payments are prevalently being integrated digitally. The scope of incorporating digitalization into the vehicle financing process knows no bounds.

The complication of the loan process, by way of the ‘decision fatigue’ caused by increasingly long negotiations at the dealerships and lengthy paperwork, mandated the introduction of digital auto lending Dealerships have an option of either generating their own leads through expanding their marketing capabilities, or reaching out to specialized Lead Generation Companies. Many Auto Lead Generation sites are coming forward to establish connections between prospective customers and automotive dealers.

These lead generation sites operate on the behalf of different auto dealers and gather auto leads qualifying to their specific dealership conditions and get paid either on the basis of total sales conversions made or the total number of leads they generate or a combination of both. By using proven marketing methods, the auto lead generation companies not just generate leads but also maintain them in a database for inquiry purposes. They allow the lead to fill up an online form covering information on the loan amount, desirable car model or making and contact details. This form is then supplied to approaching dealers, in exchange for a lead generation fee. As soon as the automotive lead is bought out from the lead generators, the lenders create a proposal for the borrower based on his or her queries and specifications given in the form.

US Auto Finance market Future Outlook and Projections
The US Vehicle Finance market is expected to be positive if there is a continuous need for motor vehicle among the population. Multiple fin-tech startups have also come up in the country’s financial sector which poses a threat to conventional finance companies and banks. These start ups have developed products to augment the digitalization of the banking sector. This includes digital payments, online lending, online aggregation and remote banking facilities which made customer lending process uncomplicated and simple further facilitating the car finance market in the country. Banks and Captives are expected to continue their leading position in the market due to their vast networks and range of products. In addition to that, the US Vehicle market is likely to witness a decline in auto sales which threatens the growth of number of loans issued in the future.

Key Segments Covered:-
By New and Used Vehicle
New Vehicle
Used Vehicle

By Type Vehicle
Passenger Cars
Light Trucks

By Lender Category
Banks
Captives and BHPH
Credit Unions
Private Finance Companies

By Risk Category between New and Used Vehicles
Super Prime
Prime
Non-prime
Sub-prime
Deep Sub-rime

By Loan Tenure between New and Pre-Owned Motor Vehicles
Less than 3 Years
Three Years
Four Years
Five Years
Six Years
Seven Years or more

Key Target Audience:-
Existing Auto Finance Companies
Banks
Captive Finance Companies
Credit Unions
Private Finance Companies
New Market Entrants
Government Organizations
Investors
Automobile Associations
Automobile OEMs

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

Key Companies Covered:-
Banks
Ally Financial
Wells Fargo
Bank of America
Chase Auto Finance
Capital One

Captives, Credit Unions and Finance Companies
Toyota Motor Credit Corporation
Ford Motor Credit
Nissan Motor Acceptance Corporation
GM Financial
American Honda Motor Corporation
Credit Acceptance
Santander Consumer USA
Pentagon Federal Credit Union

For more information on the research report, refer to below link:-
US Vehicle Finance Market

Related Reports:-
Vietnam Auto Finance Market Outlook to 2023 - by Loan Tenure, by Type of Institution (Commercial Banks and Non- Banking Financial Institutions) and by Type of Vehicle (Passenger and Commercial)

Thailand Auto Finance Market Outlook to 2023 - by Loan Tenure, By Commercial Banks, Non- Banking Financial Institutions, Auto OEMs Captives; By New and Used Passenger and Commercial Vehicles

Contact Us:-
Ken Research
Ankur Gupta, Head Marketing & Communications
Sales@kenresearch.com
+91-9015378249
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Thursday, October 10, 2019

Increase in Construction Activities Expected to Drive World Rotary Hammer Drill Market over the Forecast Period: Ken Research

A rotary hammer drill is a power tool, which perform heavy-duty tasks for instance drilling and chiseling hard materials, commonly known as rotary hammer. It has a piston, which enables the pounding action. It is extensively adopted in numerous sectors such as manufacturing, construction, metal working, decoration, professional or personal use and others. It is usually handheld-type, corded & cordless, i.e. battery powered. It is suitable for overhead drilling and provide better impact energy as compared to normal hammer drills. The key properties are included durable, superior strength and great shock absorbing qualities.

According to study, “World Rotary Hammer Drill Market Research Report 2024(covering USA, EU, China, South East Asia, Japan and etc)” the key companies operating in the world rotary hammer drill market are Robert Bosch GmbH, Hilti, Stanley Black & Decker, Inc., Makita, Techtronic Industries Co. Ltd. (TTI), Milwaukee Tool, Wurth, TOYA S.A., Metabo, Hitachi Power Tools, DEWALT, Yato Tools (Shanghai) Co., Ltd. The profitability of individual companies depends on their ability to offer accurately, secure contracts, and control costs. Large companies appreciate economies of scale in financing and ability to offer a wide range of services in many locations. Smaller companies can compete efficiently by specializing in certain services or focusing on a certain geography.

Based on product type, rotary hammer drill market is segmented into corded rotary hammer drill and cordless rotary hammer drill. Corded rotary hammer drill segment is further sub-segmented into single mode corded, double mode corded and triple mode corded. Based on distribution channel, market is segmented into offline channel and online channel. Offline distribution channel holds major share owing to high preference for local convenience stores. Online distribution channel is estimated to witness lucrative growth due to rise in number of e-commerce portals offering discounted prices and increase in services such as easy product replacement & doorstep delivery during the anticipated period. In addition, based on application, market is segmented into household application, construction industry, and decoration industry.

The rotary hammer drill market is driven by increase in construction activities, followed by rise in technology advanced products, expand in automotive industries, supportive government policies, increase in application in electrical & electronics shops, workshops, carpenter centers, & manufacturing unit, rise in consumer awareness regarding luxury home decor products with aesthetic appeal, increase in disposable income of middle class population and growth in awareness regarding the benefits of purchasing hammer drills in saving energy, time, and long term labor expenses. However, high cost of product may impact the market. Moreover, increase in innovations such as power cell technology is a key opportunity for market.

Based on geography, USA country holds major share in rotary hammer drill market owing presence of local as well as global manufacturers and rise in interest towards Do-It-Yourself (DIY) equipment in the country. China country is expected to witness higher growth rate due to low cost raw materials & economic labor and presence of numerous local rotary hammer manufacturers over the forecast period. It is anticipated that the market will be reached at fast pace on account of increase in popularity of the product as a power tool equipment for household chiseling & drilling tasks during the forecast period.

For more information, click on the link below:
Global Rotary Hammer Drill Market

Contact Us:    
Ken Research                                   
Ankur Gupta, Head Marketing & Communications
sales@kenresearch.com
+91 9015378249
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Increasing Scenario Of The Europe Cyber Security Market Outlook: Ken Research

In Europe, the market of cyber security is in its increasing stage in the recent trend. The market present an effective competitive scenario where the international players which control the majority of the stake are continuously trying to grow their prevailing market share in the economy. The entrance of the domestic players and start-ups in the past 5 years has lead to a move in the import oriented market to rely heavily on the In-house items and services. The market of cyber security is also very accessible to the newness, advancements and the next generation solutions. Augmented usage of the smart phones and internet are the foremost growth drivers of this market during the review period.



The Network security is the most broadly utilized technology in the market and controls a foremost share of the market. According to the research it is predicted that in the Europe cyber security market the players are functioning more positively for leading the fastest market growth and registering the high value of market share during the short span of time more significantly and proficiently while increasing the awareness among the several unions and regulatory authorities, investing the handsome amount of money, increasing the applications of the cyber security equipment and decreasing the price of the equipment includes Darktrace, Cisco, Check Point Software Technologies Ltd, Symantec Corporation, Trend Micro, Avast, Kaspersky, Fortinet, CMC Corporation, BAE Systems, CyRadar, IBM Corporation, Trend Micro, Oracle, Wanders, Sophos, Sentry Bay, Fire Eye and several others.

However, based on the end user, the Banking and finance segment are the foremost users of cyber security in this segment, as the information warehoused with the banking and finance segment is exceedingly sensitive and demands to be kept protected with the contemporary solutions. Healthcare, IT and Telecom and the Energy segment have been observing for more cultured solutions in the market owing to the shared network systems across Europe. As IoTendures to increase across Europe, the government has also begun to aim on cyber security.

Not only has this, The future of European Cyber Security market aspects auspicious as certain foremost aspects like augment in the Mobile as well as Internet utilization and new advancement in end users and the several laws and directives which are established provides good growth choices. The Cyber security market is predicted to increase at a single digit 5 year CAGR by an effective improvement in the cyber threat landscape owing to the emerging intimidations and sophisticated rewards for the attackers.

Europe is disposed to the cyber attacks and the government now focuses to safeguard the citizens’ data. It has approved several laws and legislations to develop the cyber security and decrease the cyber terrorizations like GDPR Regulations and the NIS Directive which focuses at standardizing the market and delivering the cyber security to everyone. There is also a “Buy Europe” temperament which is fostering the growth in some of the incoming startups from regions like Poland, Netherlands & Sweden. Some startups are also photocopying the products advanced in US or other regions and are putting them into a local business framework. Therefore, in the coming years, it is predicted that the market of cyber security in Europe will increase more significantly over the near future.

For more information on the research report, refer to below link:
Europe Cyber Security Industry

Related Reports
Middle East Cyber Security Market Outlook to 2022 - By Solutions (Firewall, Intrusion Detection System, Antivirus, Identity and Access Management, Encryption, Data Loss Prevention, Unidentified Threat Management, Disaster Recovery) and By Region

Vietnam Cyber Security Industry Outlook To 2023 - By Solutions (Firewall & UTM, Intrusion Detection System, Antivirus And Others), By End Users (Banking & Finance, Government, IT & Telecom, Retail And Others), By Import And Domestic Security Solutions, By Security (Network Security, Application Security, End-Point Security, Mobile & Wireless Security, Content Security And Cloud Security).

Contact Us:-
Ken Research
Ankur Gupta, Head Marketing & Communications
Sales@kenresearch.com
+91-9015378249
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Dynamics Of The Global Isoprene Rubber Market Outlook: Ken Research

The isoprene rubber is an artificial elastomer which made up of polymers that are manufactured from by-products of petroleum. Isoprene Rubber (IR) is a polymer of synthetic isoprene. It associations the significant qualities of natural rubber namely good mechanical advantages and hysteresis with greater features such as great purity, outstanding clarity, good flow, stumpy gel content, no nitrosamines, and no natural rubber proteins. The IR items are extensively utilized in a tire, medical products, conveyor belts, and several others.
Global Isoprene Rubber Market
Furthermore, the Isoprene rubbers hold great strength, are hard-wearing and rugged, and present the high resistance to abrasion and fractures. Its functioning temperature varieties from -55°C to 80°C which creates a better choice in automotive industry applications such as tire production for tread breaker and sidewalls, driving belts and several others. The other benefits of the isoprene rubber involve hoses production, conveyor belt production, cable insulation, and several others.
According to the report analysis, ‘Global Isoprene Rubber (IR) Market 2019 by Manufacturers, Regions, Type and Application, Forecast to 2024’ states that in the global isoprene rubber (IR) market, there are a variety of players which presently functioning more significantly for leading the highest market growth and dominating the high value of market share across the globe in the review period while increasing the usage of isoprene rubber, developing the applications, significantly advancing the working technologies, decreasing the price of the product and developing the working strategies and policies includes PJSC Nizhnekamskneftekhim, KauchukSterlitamak, Sibur, Goodyear Chemical, Kraton, Zeon, JSR, Kuraray, Karbochem, Yikesi, Luhua, Tpi New Material and several others.
The foremost driver of the isoprene rubber market across the globe is the predicted growth and advancement of the various sectors such as the automotive industry, where isoprene rubber is comprehensively utilized. The automotive industry is doing well in economies such as Asia Pacific, Europe, and North America and is anticipated to increase considerably in the Asia Pacific economy in the near years. Also, growing industrialization in emerging regions such as India and China is the important driver which is predicted to influence the market for isoprene rubber during the review duration.
The market for isoprene rubber is predictable to endure to propagate due to the growth of industries like automotive, medical, mechanical and several others that are its enormous customers. Furthermore, the market is predicted to increase owing to the industrial developments, and a requirement for the better medical facilities, both in the underdeveloped and developed countries of the globe.
The isoprene rubber industry is effortlessly exaggerated by the cost of the natural rubber crude oil and natural gas. The natural rubber is an alternate of IR products, with similar price trends in the past few years. The cost of the natural rubber transformed penetratingly since 2013, which lead to the changeability of the IR price.
The wide-reaching market for Isoprene Rubber (IR) is predicted to increase at a CAGR of roughly 3.4% over the next five years will reach 1580 million USD in 2024, from 1290 million USD in 2019. Therefore, in the near years, it is anticipated that the market of isoprene rubber will increase around the globe over the near predicted time.
Market Segment by Manufacturers, this report covers
PJSC Nizhnekamskneftekhim
KauchukSterlitamak
Sibur
Goodyear Chemical
Kraton
Zeon
JSR
Kuraray
Karbochem
Yikesi
Luhua
Tpi New Material
Market Segment by Regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia etc)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers
Medical Grade
Industrial Grade
Market Segment by Applications can be divided into
Tires and Tire Products
Mechanical Rubber Products
Other
To Know More, Click On The Link Below:-
Related Report:-
Contact Us:-
Ken Research
Ankur Gupta, Head Marketing & Communications
+91-9015378249
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Location: India

Rise in Number of Road & Industrial Accidents Expected to Drive World Reflective Sheeting Market over the Forecast Period: Ken Research

Reflective sheeting is a flexible reflecting sheet, made from retro reflective material. It is majorly used in road signs to augment visibility in the night. It is also used to surge the scanning range of barcodes in factories. It contains micro prismatic material and micro glass beads, which are sealed onto a fabric & plastic substrate. Its standards for road signs are characterized by technical standards for instance ASTMD4956-11a.
Some possible characteristics are included safe, strong, self-adhesive, wind resistant, easy to sew, water repellent, attractive, durable, comfortable, and others.

According to study, “World Reflective Sheeting Market Research Report 2024(Covering USA, Europe, China, Japan, SEA and India)” the key companies operating in the world reflective sheeting market are 3M Company, ATSM, Avery Dennison Corp., ORAFOL Europe GmbH, Reflomax, Jisung Corporation, Viz Reflectives, KIWA Chemical Industries, Nippon Carbide Industry Co. Ltd., Daoming Optics & Chemicals, Changzhou Huawei, Changzhou Hua R Sheng Reflective Material, Zhejiang Caiyuan Reflecting Material, YSL reflective material, Yangzhou Tonming Reflective Material, Huangshan Xingwei Reflectorized Materials, Hefei Every Traffic Safety Materials, Hefei Bright Reflective Material, Lianxing Reflective Material. Key companies are engaged in expanding its research & development (R&D) footprints to build new production & supply networks. Companies are also implementing acquisitions and expansions business strategies to increase its production capacities & acquire a strong customer base.

Based on type, reflective sheeting market is segmented into micro prismatic materials, micro glass beads, and others. These micro prisms and glass beads are tightly packed together & coated with a thin aluminum film from backside. Thus, they act as a convex mirror & reflects the light back, precisely towards the source of light. The concept helps illuminate an object in the night. In addition, based on application, market is segmented into transportation, road signs, communications, and others.

The reflective sheeting market is driven by rise in manufacturing of vehicles, followed by growth in usage of reflective sheets on road signs, rise in government plans to refurbish infrastructure & transportation systems, poor traffic management system, increase in investment for infrastructure development, rapid urbanization, rise in number of road & industrial accidents, increase in end-use applications, presence of well-established industry leaders and increase in use of reflective sheets in safety clothing. However, minimal advanced driving warnings and lack of fluorescent lights may impact the market. Moreover, new innovations & advancements in material technology is a key opportunity for market.

Based on geography, China and India countries hold major share in reflective sheeting market owing to rise in consumer perception towards the road & personal safety, growth in population and increase in investment to develop environmentally-friendly & halogen-free reflective sheets in the countries. USA and Europe are expected to witness higher growth rate due to high domestic demand and rise in potential investments & norms for manufacturing of reflective sheeting market over the forecast period. It is anticipated that future of the market will be bright on account of their properties such as low transmission loss during the forecast period. The worldwide market is projected to grow at a CAGR of approximately 1.1% over the next five years, will reach US $3370 million in 2024, from US $3150 million in 2019.

For more information, click on the link below:
Global Reflective Sheeting Market

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