Tuesday, July 14, 2020

Dynamic Landscape Of Vietnam Textile And Garment Industry Market Outlook: Ken Research


The textile is a bendable material that is designed utilizing the several processes, involving knitting, weaving, crocheting or felting. These materials are comprehensively utilized to manufacture a broad variety of finished goods, such as upholstery, protective equipment, kitchen, transportation, medical, bedding, construction, apparel, handbags, and clothing accessories.

According to the report analysis, Vietnam Textile And Garment Industry Q1/2020 Comprehensive states that in the Vietnam textile and garment industry there are numerous corporates which presently functioning more significantly for leading the fastest market growth and registering the handsome value of market share around the globe in the near years while advancing the specifications of the production technologies, delivering the better consumer satisfaction, decreasing the linked price, spreading the awareness related to the textile and garment, adopting the effective strategies of profit making, studying the competitor’s and government’s strategies and employing the young workforce includes Viet Tien Garment Corporation, HoaTho Textile Garment JSC, Nha Be Garment Corporation, Garment Corporation 10-JSC, DucGiang Corporation, TNG Investment and Trade JSC, Sai Gon Garment Manufacturing Trading Corporation, Dong Nai Garment Corporation, PhongPhu Corporation, Viet Thang Corporation, Thanh Cong Textile Garment Investment Trading JSC, Century Synthetic Fiber Corporation, Hue Textile Garment JSC and several others.

However, this report focuses to deliver a detailed analysis of the worldwide textile and garment industry. It effectively aims on market dynamics, technological trends, and insights on the geographical sectors and the process, material, and application varieties. Also, it analyses the foremost players and the competitive scenario in the global textile and garment industry.

In addition, due to the significant development in the demand for apparels, specifically across the developed as well as underdeveloped regions of Vietnam. Not only has this, effective increase in the disposable income and speedy urbanization has led to an augment in the number of supermarkets and retail stores, thereby propelling the overall market growth. The foremost growth in the birth rate and aging populace has underwritten to the growing requirement for the hygiene products, such as baby diapers, sanitary napkins, and adult incontinence products, which, in turn, is predicted to influence the requirement for the non-woven fabrics.

Textile corporates in the region aims on restructuring their businesses, advancing effective work processes, and underwriting in the niche products. Natural fibers are predicted to be the largest product sector in the region on account of the increasing requirement from the fashion and apparel industry. However, the smart textiles are utilized by the customers as a clothing entity as well as by military professionals for shield and safety resolutions.

Fashion and clothing is predicted to be the fastest-increasing application sector over the forecast period due to the rise in customer spending on apparel and clothing, coupled with the highly advanced fashion industry in the region. However, the consumer necessities for crease-free fabrics and great quality dyed and printed fabrics are predicted to requirement the demand for textiles and garments over the forecast duration. Therefore, in the near years, it is predicted that the market of textile and garment in Vietnam will increase more significantly over the upcoming duration.

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Social Research Organisations in India: Ken Research

Social Research is different Social Research Agency in India carry out social research activity designed to learn about people and societies catering to various needs of people. Various socio-economic groups belong to diverse areas of a county that think and analyze the information differently. Many aspects of human behavior should be addressed for understanding thoughts and feedback about the social world, which can be provided using Social Research. We develop and perform customized research for our clients within or outside the government and public sector for assisting them in making better, evidence-based decisions. We are committed to sharing our findings from our research, with the belief that a better understanding of public attitudes will cause better policy and practice over different scenarios. We have rich experience in conducting Survey work related to polling, assessment, opinion, public policy program, and monitoring & evaluation, designed to analyze the effectiveness of measurement for social & developmental, government, and granting organizations over Indian and international Organizations.
Social Research is conducted by means of following a scientific plan of action that incorporates qualitative and quantitative observation strategies. Secondary Research is a method where information has already been accrued via research corporations or marketers. Newspapers, online communities, reports, audio-visual evidence, etc. Fall beneath the category of secondary data. After figuring out the topic of studies and research sources, a researcher can gather existing facts available from the mentioned sources. In addition, the qualitative strategies rely upon a direct conversation with participants of a market, observation, textual content analysis. The outcomes of this technique are focussed on being correct in preference to generalizing to the audience.
The quantitative methods consist of the statistical analysis techniques for evaluating data collected via surveys, polls, or the questionnaires. The use of social research techniques elements also includes analyzing over a wide range of social occurrences associated with the investigation of historical sites, census of, detailed analysis of research for understanding the reasons for increasing the reports of crime rates. Social research also carries out a survey for monitor or taking responses from the respondent the population is one of the most widely used techniques for conducting social research.
There are various types of Social Research Services in India longitudinal, cross-sectional, and correlational research. The longitudinal and cross-sectional social research surveys are observational methods while correlational is considered to be a non-experimental research method. The longitudinal social research surveys are accompanied by the same sample over a course of time while cross-sectional surveys are thereby conducted by the use of different samples. An efficient social research activity will be successful in building a cause-effect relationship while proving, rejecting, or disproving a particular case. The social research is also carried out by garnering opinions and feedback from selected questions face-to-face, via telephone or online mediums by interview research. There are basically two types of interview one is formal and the other is informal interviews formal interviews organized by the researcher with structured open-ended and closed-ended questions. The format and questionnaire by informal interviews include those as conversations with the participants designed extremely flexible to gather the maximum amount of information as possible.
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Extensive Growth In Global Satellite & Telecommunication Resellers Market Outlook: Ken Research


The satellite and telecommunications resellers market effectively consists of sales of satellite and telecommunications services by the several entities (organizations, sole traders and partnerships) that buy access and network volume from the operators of telecommunications networks and resell these services to the businesses and households.

According to the report analysis, Satellite & Telecommunication Resellers Global Market Report 2019 states that in the satellite & telecommunications resellers global market there are numerous corporates which presently functioning more actively for leading the fastest market growth and dominating the handsome value of market share around the globe more effectively while delivering the better consumer satisfaction, developing the applications, employing the young workforce, spreading the awareness related to the applications and benefits, implementing the profitable strategies and policies and studying and learning the strategies and policies of the competitor’s includes AT&T, America Movil (TracFone), Virgin Mobile, T-Mobile (MetroPCS), Ultra Mobile and several others.

The impression of the digitization is propelling the usage of the wireless technologies and equipment. The significant in the data traffic, growth in the public WiFi and developing 4G and 5G technologies are motivating the growth of wireless equipment in developed and developing regions. Also, several corporates are fluctuating from traditional communications systems such as fixed line technologies to more progressive wireless and mobile technologies. For instance, according to the report by the National Center for Health Statistics, 41% of the American households were wireless only by end of 2013, thereby demonstrating a diminution in the wireline utilization.

Based on the region, the market of satellite & telecommunication resellers is spread around the globe which majorly involves Europe, North America, Asia Pacific, Africa and Rest of the world. Whereas, the Western Europe was the principal region in the worldwide satellite & telecommunication resellers market, registering for 36% of the market in 2018. Asia Pacific region was the second largest region dominating for 31% of the global satellite & telecommunication resellers market. For instance, the Africa was the smallest region in the international satellite & telecommunication resellers market.

In addition, the satellite services is predicted to increase significantly throughout the prediction period due to the several aspects such as the augment in the requirement for earth observation services in several segments such as oil & gas, civil engineering, agriculture, and several others, which propels the market. Furthermore, the increasing requirement for the satellite-based services, such as in flight connectivity and maritime broadband services, along with growth of the telecommunication segment, is predicted to create the demand for new communication satellite establishes throughout the forecast period.

Incorporation of the advanced technologies, such as reconfigurable onboard processors (onboard digital processing payloads) and onboard switching approaches, may further advance the satellite communication with adoption of new approaches and protocols. The market is scrappy with the existence of the several regional manufacturers, involving the telecommunication corporates and institutions, which produce their own minor satellites and constellations. Therefore, in the near years, it is predicted that the market of satellite & telecommunication reseller will increase around the globe more actively over the coming duration.

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Rise in Use of Digital Printing Techniques to Drive Printing and Related Support Activities Market: Ken Research

The printing and related support activities comprise of printing and related support activities provided by different entities including printing products, newspapers, books, labels, business cards, stationery, business forms, and other materials. Some of the additional printing and performance support activities includes data imaging, platemaking services, and bookbinding activities. The other support activities also form an integral part of printing industry, the demand of new designer products is now considered to be an integral part of every industry. Some of the key processes that are used in printing include methods associated in transferring image from a plate, screen, film, or computer file to some other medium, such as on paper, plastics, metal, textile articles, or wood. Moreover, the most prominent methods includes transfer of an image from a plate or screen to the medium (lithographic, gravure, screen, and flexographic printing).

According to study, “Printing And Related Support Activities Global Market Report 2019” the key companies operating in the global printing and related support activities market are Canon, Kyocera, Panasonic, Hewlett-Packard, Xerox. The key companies operating in the support services activities over the printing market includes the moving towards the robotic automation for Flexo Platemaking process. The automation process includes the integrating processing of equipment for automatically performing a wide variety of applications such as imaging, exposing, punching, washing-out, drying, finishing, plate handling, storing and other functions. It also allows flexographers for producing plates at an excellent speed and with a great repeatability and quality.

Based on product type, printing and related support activities market is segmented into printing and support activities for printing. Based on technology, market is segmented into flexography printing, digital printing, rotogravure printing, offset printing and others. Based on pre-press services, market is segmented into typesetting, platemaking, trade binding and sample mounting. Based on post-press services, market is segmented into book or paper bronzing, edging, embossing, die-cutting, folding, gilding, gluing, and indexing. In addition, based on application, market is segmented into schools, government, companies and others.

The printing and related support activities market is primarily driven by the rise in technological development, followed by significant demand for ready printing equipment. Moreover, the use of traditional printed products, associated to use in different advertising and books, now being increasingly inspired in various numerous electronic format and much focused approach. The digital displacement associated to be printing for the printing industry. In addition there have been many new companies that have started investing in the digital technologies, offering various cost savings and efficiencies product and services in the market.

The digital and ancillary services have now gained a much greater share of printing market at the expense of the offset printing. The primary reasons for this gain also include much improvements in digital technologies area, with an increased targeting, personalization of printed material, and the expansion for the typical printer’s business model also includes the additional related services. The introduction of new technologies and printing for metal 3D and LED-UV now being developing rapidly in an offline post-press and finishing services market. Based on geography Asia Pacific was the largest region and accounted for nearly one-third of the market followed by North America region.

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Significant Trends In Vietnam Electronic Components Market Outlook: Ken Research

According to the report analysis, ‘Electronic Components Comprehensive Report Q1/2020’ states that in the electronic components market there are numerous entities for leading the fastest market growth and registering the handsome value of market share around the globe in the coming years while delivering better consumer satisfaction, decreasing the linked prices, spreading the awareness related to the electronic components more significantly, delivering better consumer satisfaction, employing the young workforces, accepting the profit-making strategies and analyzing the strategies of the competitors include Saigon Stec Co., Ltd, Intel Products Vietnam Co., Ltd, Foster Electric Vietnam Co. Ltd, Hosiden Vietnam Co. Ltd, Haesung Vina Co. Ltd, Meiko Vietnam Co. Ltd, Hanoi Doosung Tech Co. Ltd, Sumidenso Vietnam Co. Ltd, and several others.
In addition, the speedy increase in the demand for consumer electronics devices, such as smartphones and laptops are the foremost aspect of propelling growth. The active electronic components are the essential components of the telecom equipment and several other networking devices which the necessary energy source to function an assigned task.
The effective growth in the demand for the great bandwidth with the lower latency amongst the consumers has allowed telecom operators, particularly in emerging economies such as India to deploy next-generation 5G network infrastructure in the upcoming years. This, in turn, will increment in the demand for new IT and telecom equipment, thereby propelling the demand for electronic components.
Not only has this, but the passive and interconnecting electronic components are also fundamental parts of electronic devices such as smartphones, computers, gaming consoles, and home appliances. Thus, the suggestively growing implementation of smartphones and laptops in underdeveloped regions are predicted to propel the market for the electronic components over the forecast duration.
The on-going inclination towards automation in the automotive segment has augmented the requirement for several electronic devices, such as driver assistance systems, DC to AC converters, controllers, and power combined devices, telematics, and Global Positioning Systems (GPS) amongst the others. These devices are broadly utilized in electric vehicles and autonomous vehicles. Hence, with the increasing requirement for electric cars in view of decreasing the worldwide carbon emission is predicted to spur the implementation of these electronic devices over the review period. As a result, it is further predicted to augment the entire market growth.
Furthermore, with the significant advent of the linked technologies, the manufacturing industry is reckless transforming. These linked devices support the manufacturing facilities to augment the complete productivity and functional effectiveness by delivering the luxury of the operability and decreasing the entire downtime. Moreover, with the development of industry 4.0, several manufacturing corporates are embracing digitalization to modernize the functional processes through remote monitoring. Hence, growing deployment linked devices around the manufacturing facilities are predicted to boom the electronic components market growth during the near years. Therefore, in the coming years, it is probable that the market of the electronic components will increase around the globe more progressively over the forecast duration.
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Growth in Automotive Sector and Increasing Industrial Activity Has Stimulated the Growth in Brazil Lubricants Industry: Ken Research

Increasing Vehicle Ownership: The number of vehicles in circulation in Brazil reached ~46 million units in 2019 including 2.7 million new motor vehicles registered in the same year.  The country has a robust automotive manufacturing sector with many large original equipment manufacturers operating in the country and largely manufacturing passenger cars. The growing vehicle ownership in the country has stimulated the demand for automotive lubricants in the country.
South & South-East Regions Dominating Sales:  The South & South-East region in the country consists of some of the major cities & states including Sao Paulo, Rio de Janeiro, Minas Gerais, Parana, and Rio Grande do Sul which are home to major industrial hubs in the country. These regions also account for a large proportion of the vehicles in circulation in the country and therefore contributed highly to the overall sales of lubricants in the country.
Challenges in Lubricants Industry: The lubricants industry in Brazil is still largely dominated by mineral-based lubricants which are harmful to the environment. The country is also largely dependent on imports for base oils due to a lack of domestic production of API Group II base oils required for manufacturing lubricants. Growth of electric vehicles and shift towards sustainable & eco-friendly bio-based lubricants also poses a threat to the traditional lubricant manufacturers in the country.
Impact of COVID-19 on Brazil Lubricants Industry: COVID-19 has severely impacted the lubricant industry in Brazil. In April 2020, the lubricant sales volume declined by ~44.0% as compared to the same period in 2019. The imposed lockdown in the country, lack of industrial production, and movement of transport impacted the industry adversely. The industrial production declined by ~27.0% in April 2020 as compared to the same month in 2019 with all major industries including automotive, machinery & equipment, metallurgy and plastics taking a hit. The demand for both automotive & industrial lubricants in the country is expected to remain low throughout 2020, even after the lockdown has eased and slow recovery is expected in 2021. Companies are expected to invest in online sales channels & partnerships to ensure higher sales volumes.
Analysts at Ken Research in their latest publication “Brazil Lubricants Market Outlook to 2025- By Origin (Mineral, Synthetic & Semi-Synthetic), By Lubricant Type (Automotive & Industrial), By Automotive Lubricants (By Product Type, By End-Users & By Distribution Channels) and By Industrial Lubricants (By Product Type, By End-Users & By Distribution Channels)” observed that Brazil is the largest finished lubricants market in South America and is slowly recovering from the economic crisis. The increasing vehicles in circulation in the country along with rising demand from industrial end-users are driving the growth of the industry. Increasing focus on research & development and marketing activities, new product launches, partnerships & collaborations are expected to drive the industry in the future. The Brazil Lubricants Industry is expected to grow at a CAGR of 3.2% on the basis of sales revenue during the forecast period 2020-2025.
Key Segments Covered: -
By Origin of Lubricants (Volume in Kilo Tons & Value in BRL Billion)
Mineral
Synthetic
Semi-Synthetic
By Type of Lubricant (Volume in Kilo Tons)
Automotive
Industrial
Automotive Lubricants Market
By Type (Volume in Kilo Tons)
Passenger Vehicle Motor Oil
Heavy Duty Diesel Engine Oil
Gear Oils
Transmission Fluids
Hydraulic Oil
Greases
By End-Users (Volume in Kilo Tons)
Commercial Vehicles
Passenger Cars
Motor Cycles
Marine
Aviation
By Distribution Channels (Volume in Kilo Tons)
OEM Workshops
Supermarkets & Spare Part Shops (including Dealers & Distributors)
Unorganized Workshops
Online
Industrial Lubricants Market
By Type (Volume in Kilo Tons)
Hydraulic Oils
Industrial Gear Oils
Transformer Oils
Turbine Oils
Greases
Compressor Oils
By End-Users (Volume in Kilo Tons)
Construction
Engineering Equipment
Manufacturing
Power Generation
Iron & Non-Iron Production
Cement
Others
By Distribution Channels (Volume in Kilo Tons)
Direct Sales
Distributor-Lead
Companies Covered: -
Petrobras Distribuidora SA
Iconic Lubrificantes SA
Cosan Lubrificantes E Especialidades SA
Shell Brasil Petroleo LTDA
Petronas Lubrificantes SA
YPF Brasil Comercio de Derivados De Petroleo LTDA
Castrol Brasil LTDA
Total Brasil Distribuidora LTDA
Key Target Audience
Lubricant Manufacturing Companies
Lubricant Importing Companies
Additive Manufacturing Companies
Original Equipment Manufacturers
Consultancy Companies
Industry Associations
Regulatory Bodies
Time Period Captured in the Report: -
Historical Period – 2014-2019
Forecast Period – 2020-2025
Key Topics Covered in the Report: -
Economic & Geographical Overview of Brazil
Target Addressable Market for Automotive & Industrial Lubricants
Trends and Growth Drivers in the Industry and Challenges Faced
Brazil Lubricants Market Size and Segmentations, 2014 - 2019
Ecosystem and Value Chain of Lubricants Industry in Brazil
Industry SWOT Analysis and Lubricant Production Scenario
Customer Decision Making Parameters
Cross Comparison between Major Players and Company Profiles & Product Portfolios
Future Market Size and Segmentations, 2019-2025F
Covid-19 Impact on the Industry & the Way Forward
Analysts’ Recommendations
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Availability of Express Delivery across Metro Cities and Automated Monthly Subscriptions Plans are Key Parameters Considered by the Chronic Patients while Selecting an E-Pharmacy Brand: Ken Research


E-pharmacy business which majorly depends on online mode of payment, has gathered steam in Kolkata and the other parts of Bengal in the last month (May-June 2020). Apart from Covid-19 lockdown norms, shortage of adequate stocks and a minuscule discount in retail medicine shops shot the demand for medicine delivery through various e-pharmacy platforms.

Buying from home option lead to surge in e-pharmacy sales. Online medical stores such as Netmeds, 1mg and PharmEasy, which have been struggling to take off in a big way for over three years mainly due to regulatory issues, have seen an unprecedented surge in sales across cities amid the Covid-19 crisis.
Online grocers and pharmacies are pulling out all stops to hire manpower to deliver essential items, at a time when demand has been unprecedented due to the ongoing lockdown to combat the spread of the Covid-19 outbreak.

Emerging Technologies: The advent of E-Consultations as well as the use of cutting edge technologies & AI in healthcare will take E-Pharmacy model to next level. The ability for a patient to enjoy higher quality and convenience while optimizing price, will drive the market share up for e-Pharmacy players. The e-pharmacy websites provide health blogs which provide information about the drugs purchased like indications, adverse effects and dosage requirement. They also provide information and awareness about various medical conditions to increase patient education and awareness.

Regulatory Framework and Support on Technological Aspects: It is critical that the regulatory framework in the country be conceptualized keeping in mind the larger interests of the consumers in the country. If technology is available to cut the intermediary costs on medicines, it must be allowed to be used to its full potential, as it will bring down the retail price of many drugs and will benefit the middle-class. Hence, this is the right time for the Government of India to define policies and guidelines for E-Pharmacy and come up with a clear-cut operating model, in line with the concerns of the regulator, while providing benefits to the consumers.

Impact of e-Pharmacy Model on the Traditional Brick and Mortar Pharmacies: Currently, there is a lot of misunderstanding about E-Pharmacies impacting the traditional brick and mortar pharmacies. In reality, E-Pharmacy model enables the existing traditional pharmacies to cater to a broader set of customers and also ensures that the inventory is consolidated by reducing the requirement for working capital, removing wastage from system and increasing margins, thus making the model sustainable for each entity in the industry.

Analysts at Ken Research in their latest publication "India E-Pharmacy Competition Benchmarking – A Detailed Analysis of Major E-Pharmacy Players in India" observed that the fast-growing Indian E-Pharmacy industry needs to focus on key areas such as logistic infrastructure, lab diagnostic segment, organic growth in average daily orders and strategic partnerships with various entities to promote wellness goods & consumer goods sale with a view to create a sustainable all in one online platform catering across India, which will promote the growth of the sector in a more structural & organized way by increasing the reach of the platform. The India E-Pharmacy Industry is currently in its nascent stage & is expected to grow exponentially with an influx of investment in this space.

Key Target Audience:-
Pharma/Medicine Manufacturers
Medicine Distributors/Wholesalers
Health Supplements and OTC Products Manufacturers
3PL Logistic Players
Government Organization catering to the Pharmaceutical Industry
E-Pharmacy Players
Offline Pharmacy Players
Hospitals
Industry Associations

Time Period Captured in the Report:-
FY’2015-FY’2020

Companies Mentioned:-
Medlife Wellness Retail Private Limited
Netmeds Marketplace Limited
Pharmeasy (91 Street media Technologies Private Limited)
1 MG Technologies Private Limited

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Massive Growth in Global Scientific Research and Development Services Market Outlook: Ken Research

The scientific research and development services market significantly consists of the sales of scientific research and development services and connected goods by the several entities (organizations, sole traders and partnerships) that employ in the research and experimental advancement on the contract, consultancy or subcontracted basis in field likewise biotechnology, the physical sciences, engineering sciences, life sciences and social sciences. Scientific research and development services institutions commence the procedures where the human capital is the foremost input. They create obtainable the knowledge and skills of their personnel, often on an assignment basis, where a separate or team is accountable for the delivery of services to the customer.

According to the report analysis, ‘Scientific Research And Development Services Global Market Report 2019’ states that in the scientific research and development services global market there are numerous corporates which recently functioning more progressively for leading the fastest market growth and registering the great value of market share around the globe during the short span of time while delivering the better consumer satisfaction, spreading the awareness related to the scientific research and development services, employing the young workforce, decreasing the linked price, advancing the applications of such and accepting the profit making strategies includes Battelle Memorial Institute, IQVIA Holdings Inc, Defense Advanced Research Projects Agency, Lawrence Livermore National Laboratory LLC, Los Alamos National Laboratory and several others.

Based on the region, the market of scientific research and development services is spreading the globe which majorly involves Asia Pacific region, North America, Europe and Rest of the world. Whereas, the North America was the largest region in the worldwide scientific research and development services market, registering for 41% of the market in 2018. Asia Pacific region was the second wildest region dominating for 30% of the international scientific research and development services market. For instance, the Eastern Europe was the smallest economy in the worldwide scientific research and development services market.

In addition, the 4D printing has effectively changed from the 3D printing with an additional feature of transforming the geometrical shape and mechanical belongings, with the duration being integrated as an additional fourth dimension. One of the foremost disadvantages of the 3D printing is it can only take the shape in which it was formerly made and is static and inorganic. Now with the latest advancement of the 4D printing, objects can now be created with the responsive materials with convinced inherent advantages that can revolutionize or transform in rejoinder to external stimuli. It has extensive applications in the medical science such as tissue rejuvenation in the biomedical field. For example, the printed micro tissue from the bio ink can endure development via cellular coating to form functional tissue constructs such as engineered tissue constructs.

Not only has this, the large corporates in the global scientific research and development services are progressively adopting the strategies and policies of joint ventures, mergers and acquisitions, amalgamation, new product development, collaborations and several others for generating the effective percentage of revenue. Therefore, in the near years, it is predicted that the market of scientific research and development services will increasing more actively over the coming duration.

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Monday, July 13, 2020

Foremost Advancement in Global School and Employee Bus Services Market Outlook: Ken Research

The school and employee bus services market contains of sales of school and employee bus services by the numerous entities (organizations, sole traders and partnerships) that deliver the buses and several other motor vehicles to transport the pupils to and from school or employees to and from work.

According to the report analysis, ‘School And Employee Bus Services Global Market Report 2019’ states that in the school and employee bus services global market there are innumerable corporates which presently functioning more progressively for leading the fastest market growth and dominating the handsome value of market share around the globe throughout the coming duration while delivering the effective services, increasing the applications of the bus services, delivering the better consumer satisfaction, spreading the awareness related to the effective bus services, decreasing the linked price and implementing the profitable strategies includes First Student, Rick Bus Co, National Express Group PLC, Student Transportation Inc and several others.

The School and employee bus service market is progressively with the augment in the enhanced protection features in the buses. The industry has started utilizing in-wheel alcohol detection system in contradiction of drunk driving. This technology comprises of sensors which are placed into the steering wheel and supports to detect the driver's skin oil and locks the bus before going on the road in case of alcohol detection and allows to safeguard the unsafe and careless driving. Such advance technologies fortified in buses are drastically augmenting the school and employee bus service market.

Not only has this, the growing implementation of the electric vehicles in the commercial vehicle sector has propelled the school bus sector, which is predicted to propel the worldwide school and employee bus services market throughout the forecast duration. The improvement of school buses over the other modes of transport is also one of the reasons that will support the growth of the market. Furthermore, the effective augment in the incidents of unobtainability of the transport, assaults, discourteous behavior, high charges in the ride hailing and ride sharing vehicles has left corporates to think about the protection of their employees. This aspect is accountable for propelling the market growth.

However, based on the region, the North America was the principal region in the worldwide school and employee bus services market, registering for 33% of the market in 2018. The Asia Pacific region was the second largest region dominating for 32% of the worldwide school and employee bus services market. For instance, the Africa was the smallest region in the international school and employee bus services market.

Protruding aspects such as deducting the employee productivity owing to the effective growth in the average time of commute on roads, increasing the pollution level and assurance to control it by decreasing the carbon footprints is propelling the market growth. Usage of the technologies such as artificial intelligence and cloud computing can accomplish the employee transportation with the advanced competence than still predominant phone and paper management in developing regions such as India. The usage of technology can bring down the transport function cost for corporate and also advances the safety of the commuters. Therefore, in the near years, it is predicted that the market of school and employee bus services will increase around the globe more actively over the near duration.

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Increase in Obesity Problems Expected to Drive Global Recreation Market over the Forecast Period: Ken Research

Recreation industry also referred to as “leisure and recreation”. The recreation industry provides experiences for the aim of enjoyment, relaxation, and even health. The recreation industry includes a good sort of businesses and activities for refreshing. Some of key examples of businesses which defines the recreation industry includes sports stadiums, theatrical companies, sports teams & leagues, gaming & fishing preserves, amusement parks, painting & craft classes, movie theatres, recreational goods rentals, music venues, arcades & activity centers, travel agencies, dance companies, golf courses and paintball, batting cages, and laser tag arenas.

The recreation market comprise of utilization of the recreational facilities, and recreational services and related goods and services over different entities providing the recreational services and other related goods. The recreational activities further includes the participating in the sporting activities and visiting museums, historical sites, zoos and parks and also viewing spectator sports and events.

According to study, “Recreation Global Market Report 2019” the key companies operating in the global recreation market are The Walt Disney Company, Universal Studios, Las Vegas Sands, Merlin Entertainment Group, MGM Resorts. Companies in recreation industry sell a myriad of offerings, starting from small toys to motorcycles to exotic cruises. Recreation Industry revenue is very hooked in to the introduction of latest, interesting products and services. Competition is sort of intense for the foremost part, particularly when economic times are less promising, so companies must lure potential customers with flashy new items.

Based on type, recreation market is segmented into arts, amusements, sports, and others. Arts segment includes independent artists & performing art companies, museums, historical sites, zoos, & parks and sports & arts promoters. Amusement includes gambling and amusement parks. Additionally, sports include participatory sports and spectator sports. The spectator type of sports consists of teams or the clubs that are independent of athletes which present sporting events before a paying audience. In addition, based on age group of gender, market is segmented into 35 & younger, 35 to 54 and 55 & older.

The recreation market is driven by rise in shift in consumer preference toward wellbeing, followed by growth in middle class population, increase in availability of variety of equipment & personalized fitness training programs, surge in business innovations and acquisitions & expansions, rise in government support for health & fitness and increase in obesity problems. However, high membership price, busy work schedules and high investment cost for opening fitness & recreational sports centers may impact the market. Moreover, growth in youth population in developing countries is a key opportunity for market.

Based on geography, the North-American region dominates the recreation market owing to rise in awareness about the benefits of fitness in the region. Whereas, the Asian-Pacific and European regions are estimated to exhibit substantial growth rate due to increase in disposable income of consumers over the forecast period. In near future, it is expected that future of the market will be optimistic as a result of rise in prevalence of osteoporosis & lowering of bone density have prompted individuals to focus on health and fitness during the forecast period.

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