India Corporate Training Market is Expected to Cross INR 6,600 Crores by FY’2025: Ken Research

Corporate Training Budgets at major Indian companies such as Godrej, ITC and Bajaj Finserv has been increasing by approximately 10%-15% and the same trend is expected in the future.

The Hospitality Sector has witnessed higher levels of employee attrition in India and a proper training module can eliminate this bottleneck.

Advent content creation mechanism that will involve a basic workflow platform shall generate content for the mobile. The process will be supported by influx of smart phones, gradual lowering of the bandwidth cost and heavy usage of open-source video editing tools.

Growing E Learning Market: Streams of government initiatives, technology adoption in small and medium sized businesses coupled with convenience and cost factors has aggravated the companies shift to e-learning in India. Organizations have been heavily inclined to adopt e-learning modules to facilitate learning and development activities. There has been a steady rise in demand for customized e-learning content. Development in training technology will further boost the deployment of e-learning services.

Increase in Number of Corporate Training Firms: Owing to low initial cost of investment in setting up a corporate training firm, decent ROIs and very low barriers to entry, there has been a heavy mushrooming of small and mid-size training firms in the country. There has been a heavy proliferation on account of considerable consumption of these value-added courses by all sorts of small, middle and large sized companies.

Effective Government Support: There have been extensive collaborations of National Skill Development Corporation (NSDC) with training and development companies to support the skill development of educated and uneducated youths spread across various sectors and geographies. While association with NSDC has brought recognition for several companies, it has also opened up newer business avenues for the training firms.

Analysts at Ken Research in their latest publication “India Corporate Training Market Outlook to FY’2025 - Driven by introduction of Experimental Training, Adoption of Artificial Intelligence and Government Initiatives for Up-Skilling” believe that the Corporate Training market of the country is at its growth stage however with introduction and adoption of newer technologies, the market has great potential to grow in the future.

Key Segments Covered:-

By Industry Verticals

IT / ITES

Telecom

BFSI

Automobile

Retail

FMCG

Manufacturing

By Training Services

Technical

Leadership

Managerial

Sales

Customer Management

By Industry

Services

Manufacturing

Government

Retail/Wholesale

Education

Association

Non Profit Organizations

By Deployment

Onsite

Off Site

By Designation of Employees

Non Managerial Level

Managerial Level

Integrated

By Major Cities

Mumbai

Delhi NCR

Bangalore

Pune

Hyderabad

Chennai

Kolkata

By Type of Learning

Open Learning

Customized Learning

By Learning Mode

Instructor led Classroom Only

Blended Learning

Online or Computer Based

By Organizational Size

Small Organizations

Medium Organizations

Large Organizations

By Type of Organization

Multinational Companies

Domestic Organization

By Learning Technologies (On the Basis of Overall Corporate Training)

Virtual Classroom

Podcasting

LMS/LCMS

Online Performance Support

Rapid E Learning Tool

Mobile Application

Companies Covered:-

Dale Carnegie India

NIIT Limited

Manipal Global Education Services

Centum Learning

Aptech Limited

Hughes Global Education

Koenig Solutions

Innovative Learning Academy

CADD Centre Training Services

Near Learn

TAI India

Corporate Hierarchy Solutions

London Institute of Corporate Training

SSDN Technologies

Mentora Learning

Vinsys

Wagon Learning

Bodhih

Focus Training

TUV Nord

Mercury Solutions

Palle Technologies

MyTrecta

Kaizen Training Solutions

Key Target Audience:-

Corporate Training Companies

Education Platforms

Corporate Training Aggregators

Corporate Organizations

Management Consultants

Corporate Trainers

MHRD

Education Associations

Time Period Captured in the Report:-

Historical Period – FY’2015 – FY’2019

Forecast Period – FY’2020- FY’2025

For More Information On the Research Report, refer to below link:-

India Corporate Training Market

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Contact Us:-

Ken Research

Ankur Gupta

Head Marketing & Communications

Ankur@kenresearch.com

+91-9015378249

India Air Purifier Market, India Air Purifier Industry, Market Major Players, Market Revenue: Ken Research

How India Air Purifier Market Is Positioned?

Overview: The air purifier industry in India is highly under-penetrated with ~% adoption in households in 2019. Majority of international and domestic companies started the industry post 2010, recognizing the immense potential of the industry. India is home to 21 out of the 30 most polluted cities in the world. Northern cities including Ghaziabad, Delhi & Gurugram have made it to the list. Currently the demand for air purifiers is skewed towards the year end from October-December and companies witness a seasonal spike in sales during the period. Delhi-NCR is currently the largest market for air purifiers in India owing the severe air quality due to bursting crackers during Diwali and stubble burning in neighboring states of Punjab and Haryana.

Market: The industry witnessed tremendous growth over the review period FY’2014-FY’2020 with a CAGR of ~% on the basis of revenue. The number of units sold in the country in FY’2020 stood at ~ lakhs with average price per unit sold being ~ INR. The period saw entry of many new players in the market with various new products. The rising disposable income and incidents of respiratory diseases among the consumers have lead to increase in demand for air purifiers. Aggressive advertising strategies adopted by air purifiers companies along with wide distribution network have contributed to the increase in the sales of air purifiers in the country.

India Air Purifier Market Segmentation

By End-Users: The residential end-users have dominated the industry maximum revenue share in FY’2020. The remaining revenue was contributed by commercial & institutional users including hotels, hospitals, corporates, embassies & more.

By Technology: The HEPA & activated carbon technology was analyzed to dominate the industry over the review period with most of the major players adopting it.

By Region: The Northern states including were identified to account for majority of the industry revenue. The contribution of Western & Southern regions also significantly increased over the review period.

By Distribution Channel: Retail sales accounted for majority of the industry revenue in FY’2020. The review period also saw significant rise in online sales.

Competitive Scenario in India Air Purifier Market

The competition in the industry is moderately concentrated with around ~ players operating in the market. The top 6 players accounted for ~% of the total market share in FY’2019 on the basis of revenue. The players compete on the basis of parameters such as price, product portfolio & features, distribution network, discounts offered and more. Majorly international companies are leading the market with few domestic players also operating in the industry.

India Air Purifier Industry Future Outlook and Projections

The Air Purifier industry is India is expected to grow at a double digit CAGR of ~% over the period FY’2020-FY’2025 on the basis of revenue and the number of unit sales reaching ~ lakhs by FY’2025. After momentary decline in sales and revenue due to Covid-19 pandemic, the sales are expected to pick up in the future due to increasing health & hygiene concerns among the consumers. It is anticipated that the industry will witness growth in e-commerce sales with growth in online retail spending in the country and demand from other major tier-2 cities with increasing pollution levels and commercial activity.

Key Segments Covered:-

By Technology

HEPA & Carbon

HEPA, Carbon & UV

HEPA, Carbon & Ionizers

Others

By Distribution Channel

Retail

Online

Direct

By Coverage Area Applicability

Upto 250 sq. ft.

251-500 sq. ft.

Above 500 sq. ft.

By Weight of Air Purifier

Less than 5 Kg

5-10 Kg

More than 10 Kg

By Region

North

West

South

East

By End-Users

Residential

Commercial

Institutional

Companies Covered:-

Philips India Limited

Honeywell India Private Limited

Sharp Business Systems (India) Private Limited

Blueair India Private Limited

Dyson Technology India Private Limited

Xiaomi Technology India Private Limited

Panasonic India Private Limited

Eureka Forbes Limited

Kent Air Purifiers Limited

Key Target Audience:-

Air purifier Companies

Component Manufacturing Companies

Consumer Appliance Companies

Air Purifier OEMs/Assemblers

Air Purifier Importers/Exporters

Modern Trade Chains

Consultancy Companies

Time Period Captured in the Report:-

Historical Period: FY’2014 - FY’2020

Forecast Period: FY’2020 - FY’2025

For More Information on the research report, refer to below link:-

India Air Purifier Market

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Ankur@kenresearch.com

+91-9015378249

Philippines Road Freight Market is expected to cross Php 200 Bn by 2024: Ken Research

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• 62% drop in China Import Volumes from Feb 1 to 16th 2020 in comparison to 2019 and $ 300 Mn loss in Export Revenue to China, Thailand, and other countries due to COVID-19 will push the Road freight revenues to have negative growth rate in future.
• DPWH and DOTr have been allocated PhP 458.6 bn and PhP 55.5 billion respectively to improve road transport not only in major urban cities (i.e. Metro Manila and Metro Cebu), but as well as in other parts of the country such as Mindanao.
• Government Change in Regulations such as Restrictions on the age of trucks and truck ban on major routes applicable to Heavy-duty trucks will impact the Road freight market

Covid Impact on Trucking Industry in the Philippines: The Imports will fall from major trading countries such as China and Hong Kong affecting the road freight volumes transported from the port of Manila to other parts of The Philippines. The average freight rates will be the same and not fall due to the excise taxes in the Philippines. The trucking will see a negative growth rate in the year 2020 due to the complete lockdown and transportation of only essential commodities but is expected to revive back in 2021.

Better Inter-Island Connectivity by Road: The government has added many smaller projects as a part of ‘Build Build Build’ Program keeping on hold the bigger projects such as linking brides for Luzon, Cebu & Visayas. More than 20 Projects out of 100 under the new list are public-private partnership (PPP) deals for Intra Island Connectivity funded by Big Companies such as San Miguel Corporation. Main exports include electronic and electrical equipment, electrical machines and apparatus, automatic data processing machine, diodes, transistors, electrical transformers, business services computers, and travel.

Adoption of New Technology: Companies have started the adoption of new technologies such as Transport management Software, GPS for real-time tracking assuring transparency to their clients.  Electronic vehicles that are already supported by the government for passenger movement can become a new normal for freight transportation also. Digital Freight brokerage platforms such as Transportify, Ezyhaul, Blackarrow, and many more are used by many companies for short and long hauls solving the problem of empty returns and maintaining their margins. These will become extremely popular in the next 3-5 years.

Analysts at Ken Research in their latest publication “Philippines Road Freight Market Outlook to 2024 – Driven by Government Spending on Road Infrastructure and Technological Advancements” believe that the Road Freight Market in the Philippines is expected to grow due to entrance of private companies in the infrastructure development, Trade Agreements with countries such as China, Europe and more, growing Manufacturing industries and changes in freight laws as per the Road Transport Authorities.

Key Segments Covered: -

Freight Forwarding Market

By Mode of Transportation

Road Freight (Fleets, Volume, FTK, Price/ton/km and Revenue)

Sea Freight (Fleets, Volume, Average Distance, Price/ton/km and Revenue)

Air Freight (Volume, Average Distance, Price/ton/km and Revenue)

By Road transportation

Less than Truck load (Revenue and Volume)

Full truck load (Revenue and Volume)

By Type of Fleets (Number of Fleets)

Reefer trucks

Non reefer trucks

Companies Covered

Royal Cargo

AAI logistics

F2 logistics

LF logistics

Rhenus logistics

Orient logistics

2GO logistics

Kerry logistics

RLH Trucking

MMG logistics

2SL services

Inland logistics

A3 logistics

Fast cargo Logistics

Chelsea Logistics

Key Target Audience

Freight Forwarding Companies

E Commerce Logistics Companies

3PL Companies

Consultancy Companies

Logistics/Warehousing Companies

Real Estate Companies/ Industrial Developers

Time Period Captured in the Report: -

Historical Period – 2014-2019P

Forecast Period – 2020-2024F

Key Topics Covered in the Report: -

Philippines Logistics and Warehousing Market Introduction

Logistics Infrastructure

Cross Comparison of Logistics Performance in Different Countries (Philippines, India, Vietnam, Indonesia and Australia)

Philippines Logistics and Warehousing Market Size

Philippines Logistics and Warehousing Market Segmentation

Philippines Logistics and Warehousing Market Future Outlook

Philippines Logistics and Warehousing Market Future Segmentation

Philippines Freight Transportation Market Size

Philippines Freight Transportation Market Segmentation

Philippines Freight Transportation Market Future Outlook

Philippines Freight Transportation Market Future Segmentation

Philippines Trucking market size

Philippines Trucking Ecosystem

Philippines Trucking Market Segmentation

Philippines Trucking Market Future Outlook

Philippines Trucking Market Future Segmentation

Innovations in Transportation Market

Cost Component in Philippines Road Freight Market

Regulatory Environment

Issues and Challenges

For More Information on the research report, refer to below link: -

Philippines Road Freight Industry Growth

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Great Penetration In Electronic Products Manufacturing Global Market Outlook: Ken Research

According to the report analysis, ‘Electronic Products Manufacturing Global Market Report 2019’ states that in the electronic products manufacturing worldwide market there are numerous companies which presently functioning more actively for leading the fastest market growth and registering the great value of market share around the globe during the coming years while developing the applications of the electronic products, advancing the features and specifications of the electronic product, advancing the measures of the electronic product manufacturing technologies, delivering the better consumer satisfaction and decreasing the price of such includes Samsung Electronics Co Ltd, Intel Corporation, Taiwan Semiconductor Mfg Co Ltd, Micron Technology Inc, QUALCOMM Incorporated and several others.

However, the need for the smart TVs is being propelled by the growing the consumer predilection for the built-in smart occupations in personal devices, and growing the usage of internet penetration. A smart TV syndicates the topographies of televisions and computers, and encompasses a television set with combined functions for internet usage. Not only has this, the Smart TV users are also accessible direct access to streaming the services such as Netflix and Amazon Prime Instant Video. To exploit on this trend, television manufacturers around the world are incoming the smart TV market. According to the IHS Technology report, 48.5% of televisions transported across the globe were smart TVs and the number is predicted to reach 134 million by 2020.

Although, along with the advancing technology, there is trend of smart offices and smart homes, where electronics products is an imperative part of it. The significant growth in the disposable income of the individuals of electronics products and their modification in predilections towards the smart homes and smart offices surroundings, are thus majorly propelling the growth of the industry.

Great end products still has to go an extensive way to obtain superior industry share in the underdeveloped regions. For instance, 4K TV is a trend in several underdeveloped regions but it has capability to transform and advancement as per the developed technology around the world.

Not only has this, the China has growing the manufacturing cost which has fascinated India to be superlative manufacturing hub. The “Make in India” policy of the government is further fascinating more investments in customer electronic industry. Of the entire electronic industry across the globe, electronics products have effective percentage of market share, with foremost implementation amongst the middle-income collection population.

Based on the region, the market of electronic product is spread around the globe which majorly involves North America, Europe, Asia Pacific region, Africa and Rest of the World. Africa was the smallest region in the global electronic products manufacturing market. Whereas, the Asia Pacific region was the principal region in the worldwide electronic products manufacturing market, registering for 45% of the market in 2018. North America was the second principal region dominating for 25% of the worldwide electronic products manufacturing market. Therefore, in the coming years, it is predicted that the market of electronic products will increase around the more significantly over the coming decade.

For More Information, refer to below link:-

Global Electronic Products Manufacturing Market

Contact Us:-

Ken Research

Ankur Gupta, Head Marketing & Communications

Ankur@kenresearch.com

+91-9015378249