Wednesday, November 4, 2020

India Domestic Pumps Market, India Domestic Pumps Industry: Ken Research

How is Domestic Pump Market (Less than 2.5 HP) Positioned in India?

India Domestic Pump Market is currently positioned to be in the maturity stage. The Market grew at CAGR of 4-6% during the review period, FY’2015-FY’2020. Rapid Urbanization, Depleting Ground Water Level and Rise in the Number of Infrastructure Initiatives are some of major factors responsible for the surge in demand for domestic pumps (Less than 2.5 HP).

More than 70% of the pump manufacturing takes place in Coimbatore and Rajkot. Coimbatore is also known as the Pump City in India. Other manufacturing locations include Maharashtra, Madhya Pradesh, Punjab, Karnataka and Others.

India Domestic Pump (Less than 2.5 HP) Market registered a CAGR of 5.3% and 3.1% on the basis of revenue and sales volume respectively, during the review period FY’2015- FY’2020.

How Is the Market Segmented?

By Market Structure (Organized and Unorganized): Organized market dominated the demand for domestic pumps (less than 2.5 HP) basis revenue. The unorganized players offer products at a low price and offer replacement warranty of 12-24 months in contrast to organized players who offer a repair warranty of 12-24 months.

By Pump Type (Borewell Submersible, Mini Monoblock (Self Priming Pumps), Pressure Booster Pumps and Other Pumps): Mini Mono block pumps dominated the demand for domestic pumps basis sales volume in FY’2020 whereas; borewell submersible pumps dominated the demand for domestic pumps basis revenue in FY’2020. Average price range for domestic pumps sold in India is between INR 4,000-12,000. Manufacturing hub for mini monoblock pumps in India is Coimbatore whereas; Rajkot is the manufacturing hub for Submersible Replacement time for domestic pumps (Less than 2.5 HP) category ranges between 6 to 10 years.

By Motor Rating (0.5 HP, 0.5-1.0 HP, 1.0-1.5 HP and 1.5-2.0 HP): 0.5 and 1.0 HP pumps are most demanded product categories for domestic applications. Mini Monoblock and Self Priming Pump is the most selling pump category in 0.5 HP- 1.0 HP products. 2 HP and above pumps are majorly used in agriculture and building, construction segment.

By States (Maharashtra, Tamil Nadu, Gujarat, Karnataka, Telangana, Kerala, Delhi NCR, West Bengal, Madhya Pradesh, Bihar and Other States): The demand for domestic pumps (Less than 2.5 HP) was dominated by Maharashtra, Karnataka, Telangana, Gujarat, Tamil Nadu, Kerala, Delhi NCR, West Bengal, Madhya Pradesh and Bihar. Texmo Industries, CRI Pumps, V-Guard, Aqua Group are the leading players in South region. In addition this Varuna Pumps, Lubi Pumps, Kirloskar are the leading players in West Region. Crompton, Texmo Industries dominated the market in East Region. Whereas, Crompton, Varuna Pumps dominated the market in North Region.

By Distribution Channel (Dealer and Distributor Network, Direct Sales Channel and Online Sales Channel): Major players in domestic pump market follow multiple channels of making the products available to the end users including dealers and distributor, direct sales and online channel. Dealer and distribution channel dominated the sales for domestic pumps in India followed by direct channel and online channel.

Selection of Dealer Network: Major players in India Domestic Pump (Less than 2.5 HP) Market have a network of more than 1,000 dealers scattered across the country to fulfil orders of the end users. Sales Volume and Revenue, Market Coverage, Product Range, Margin Sharing, Storage Unit/Warehouse and Education are a few factors taken into consideration before empanelling a dealer in a particular region.

Competitive Landscape in India Domestic Pump Market (Less than 2.5 HP)

Competition in Total Indian Domestic Pump Market is highly fragmented owing to availability of more than 300 brands of pumps across the country. Whereas competition in Organized Pump Market is moderately concentrated among top ten players in the industry captured more than ~% market share in FY’2020. Product Performance, Price, Product Range, Warranty, Brand Name, After Sale Service, Distributor Network, Marketing Communication, Product Life  Services have been mapped as major competing parameters for companies operating in India Domestic Pump Market.

Impact of COVID-19 on India Domestic Pump Market (Less than 2.5 HP)

Domestic Pump Industry in India witnessed a decline in pump sales during the pandemic, owing to retail stores being closed and no construction activity happening in the country. Manufacturing plants were closed thereby putting a halt on the manufacturing activity in the country.

Market declined by ~% in FY’2021 on the basis of sales volume and revenue. Companies increased their manufacturing capacity utilization to cover the loss in domestic pump sales during Quarter 1 and Quarter 2. In addition to this, social distancing norms and regular medical checkups were performed at the manufacturing plant and office to ensure safety of workers.

What is the Future of India Domestic Pump Market (Less than 2.5 HP)?

The demand is expected to grow with a CAGR of 2.4% and 1.1% on the basis of revenue and sales volume respectively, during the forecast period (FY’2020-FY’2025). Due to ever increasing concern of saving energy, companies are expected to increase the production of energy efficient pumps. In addition to this, rise in demand for smart pumps, depleting ground water level and rise in household construction is expected to drive the domestic pump market (less than 2.5 HP) in India.

Key Segments Covered:-

By Market Structure

Organized Market

Unorganized Market

By Pump Type

Mini Monoblock Pumps

Borewell Submersible Pumps

Pressure Booster Pumps

Other Pumps

By Motor Rating

0.5 HP

0.5-1.0 HP

1.0-1.5 HP

1.5-2.0 HP

By State

Maharashtra

Tamil Nadu

Gujarat

Karnataka

Telangana

Kerala

Delhi NCR

West Bengal

Madhya Pradesh

Bihar

Other States

By Distribution Channel

Dealer and Distributor Network

Direct Sales Channel

Online Sales Channel

Companies Covered:-

Crompton

Kirloskar

Texmo Industries (Texmo and Taro)

Lubi Pumps

V-Guard

C.R.I. Pumps

Aqua Group (Texmo and Aquatex)

Lagajjar (Varuna Pumps)

Usha Pumps

Havells

KSB Group

Suguna Pumps

Grundfos

Shakti Pumps

CG Power

Mahendra Pumps

Duke

Polycab

Bindhu Pumps

Kumar Pumps

Deccan Industries

ESPA

Key Target Audience:-

Global & Domestic Pump Manufacturers

Pump Distributors

Pump Importers

Government Associations

Electric Consumer Durables Companies

Private Equity and Venture Capitalists firms

Time Period Captured in the Report:-

Historical Period: FY’2015-FY’2020

Forecast Period: FY’2021-FY’2025

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

India Domestic Pumps (Less than 2.5 HP) Market

Related Reports:-

India Plastic Pipes and Fittings Market Forecast to 2026 - By PVC Pipes (UPVC and CPVC Pipes), by Applications (Irrigation, Sewerage, Water Supply and Plumbing and Borewell Application), by Organized and Unorganized Sector and by Regions

Competition Benchmarking in Global Pumps Market – WILO Group, KSB Group, Xylem Pumps Inc, EBARA Group, Grundfos Group, Sulzer Pumps, Shimadzu Group, Kirloskar Brothers Limited, Flowserve Inc, Weir Group

Competition Benchmarking in Vietnam Pumps Market - HAPUMA, Ebara Vietnam, Grundfos Vietnam, WILO Vietnam, KSB Vietnam, IWAKI Vietnam, TSURUMI Pump Vietnam Company, INTECH Pump, SAIGON Industrial Pump JSC Vietnam

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

Growing Insights of Extended Reality Market Outlook: Ken Research

 The Extended Reality is an umbrella term that comprehends both augmented reality and virtual reality, therefore refuges a full spectrum of genuine and virtual surroundings. XR experience supplies to business issues and generates innovative solutions to add effectiveness and augment productivity to meet critical client requirement.


According to the report analysis, ‘Global Extended Reality (XR) Market to reach USD XXX Billion by 2026’ states that the Extended reality is obtaining large requirement from healthcare segments therefore worldwide spread of COVID-19 Virus will propel the growth of market over the review years owing to its inherent landscapes. As it supports in improving innovative healthcare solutions and delivering advent of proficiency and efficiency to healthcare professionals in several clinical and research methodology. Along with healthcare, the extended reality is partaking large utilization in several end use industries such as gaming, movie & entertainment, retail, tourism and several others. For instance: as per Jabil Inc., XR has over 76% of utilization in gaming industries, 60% of optimization in movie & entertainment, 34% in retail and over 30% of utilization in tourism etc. However, Security and Privacy Concerns Associated with Augmented Reality is the aspect limits the growth of market over the review years.

In addition, the regional analysis of worldwide Extended Reality (XR) market is considered for the major regions such as Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America is the leading/substantial region across the world in terms of market share due to the express growth in technological advancement & modernization within the region. Whereas, the Asia-Pacific is also predicted to exhibition highest growth rate / CAGR over the review period of 2020-2026. Aspects such as increasing requirement of Extended reality from numerous end-use industries such as Healthcare, gaming, education & retail etc. in the region would produce lucrative growth predictions for the Extended Reality (XR) market around Asia-Pacific region.

Not only has this, the Media & entertainment, and gaming are at the vanguard of positioning technological advancements associated to other industries. Current advancements in technology in augmented reality and virtual reality is leading to increasing end-user expectations to witness virtual environments in dissimilar applications. During the recent years, corporates have introduced or modernized virtual reality solutions to develop the user experience to improve their productivity.

Several companies accept as true that the unremitting innovation in VR headsets and controllers is projected to boost the growth of the extended reality market throughout the forecast duration. Not only has this, most market players are delivering free software development kits (SDK) to inventors which is prospective to advance the requirement for better supervisory feature over software in extended reality connected devices. Meanwhile, the market is at the preliminary stage attached with high investment scenario; the market is projected to witness great scale of improvements in short to medium term as associated to the long term. Therefore, in the near years, it is anticipated that the market of extended reality will increase around the globe more positively over the upcoming years.

For More Information, Click on the Link Below:-

Global Extended Reality (XR) Market

Related Report:-

Europe Extended Reality (XR) Market by Technology, Component, Device Type, Industry Vertical, End-user, and Country 2020-2026: Demand and Production Outlook

Asia Pacific Extended Reality (XR) Market by Technology, Component, Device Type, Industry Vertical, End-user, and Country 2020-2026: Demand and Production Outlook

Contact Us:-

Ken Research

Ankur Gupta, Head Marketing & Communications

Ankur@kenresearch.com

+91-9015378249

Dissimilar Trends And Developments Across Global Chilled Vegetables Market Outlook: Ken Research

 Buy Now

The Chilled vegetable leaves are also known as leafy green, Salad greens, vegetable green, and vegetable leaves stored under low-temperature conditions to keep the vegetable fresh etc. These are plant leaves eaten as a vegetable and sometimes it is accompanied by tender petioles and shoots. It is used in order to get enough nutrition like Vitamin K from it and it invented from short-lived herbaceous plants like lettuce and spinach.

According to the study, ‘Global Chilled Vegetables Leaves Market to reach USD XXX Billion by 2026.’ categorical that there are some corporates that presently functioning lots with success for dominant the foremost effective expansion of the market and getting the productive competitive edge while acceptive the productive moneymaking methods during which and policies like joint ventures, mergers, and acquisitions, partnership, merger and product development includes W. Atlee Burpee Company Gowan Group, Bonnie Plants, Kitazawa Seed Company, Del Monte Fresh Produce, and the last one are Gotham Greens. For instance: According to the World Health Organization (WHO), it is projected that by 2020, Chronic disease will account for three-quarters of all deaths worldwide including 75% of death due to stroke, 71% of deaths due to ischaemic heart disease, and 70% of deaths due to diabetes in developing countries. In Addition, the increasing demand for chilled vegetables leaves in end-use industries like the residential and commercial sector drives the expansion of the market over the forecast years. The absence of standardized regulation related to the usage of chilled vegetables leaves in the treatment of chronic diseases is obstructing the growth of the market over the forecast years.


The regional investigation of the global Chilled Vegetables Leaves market is taken into the account for the key regions like Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America is that the significant country in the world in terms of market share due to the quick expansion in innovation and technological advancement in the processing of chilled vegetables leaves in the country. Whereas, Asia-Pacific is additionally expected to exhibit the highest rate / CAGR over the forecast period 2020-2026. Factors like increasing demand from end-use industries and rising incidence of chronic diseases over the region would produce remunerative expansion prospects for the Chilled Vegetables Leaves market across the Asia-Pacific region.

Furthermore, the global burden of COVID-19 stimulates the expansion of client awareness relating to healthy food and nutrition that is anticipated to drive the growth of chilled vegetables leaves market over the forecast years. Because the Fruits and vegetables give a wide-ranging, flavored, colorful, low caloric, protective, tasty nutrition and micro-nutrient made diet that is useful in avoiding crises of chronic diseases inside a private. Therefore, the rising prevalence of chronic diseases over the world is predicted towards the growth of the market over the forecast years. Thus, the Global Chilled Vegetables Leaves The market can increase in approaching years.

For More Information on the Research Report, refer to below links: -

Global Chilled Vegetables Market Growth

Related Report:-

Global Chilled Vegetables Leaves Market Report 2019, Competitive Landscape, Trends and Opportunities

Contact Us:-

Ken Research

Ankur Gupta, Head Marketing & Communications

Ankur@kenresearch.com

+91-9015378249

Intensifying Insights of Global Cryopreservation Media Market Outlook: Ken Research

 The Cryopreservation media could be a specially framed media that’s designed to safeguard and conserve cells at low environmental temperature and limit the danger of infection to cells from microbes and different cell varieties. The merchandise offer a secure setting for cells and tissues whereas undergoing freezing, storage, and thawing method. In addition, it contains an outlined serum substitute along with improved concentration of a cry preservative an enlarge the recovery and viability of healthy cells compared to conventional freezing media.


According to the study, ‘Global Cryopreservation Media Market to reach USD XXX Billion by 2026.’ specific that there are some corporates that presently functioning further more successfully for dominant the foremost effective growth of the market and obtaining the productive competitive edge whereas acceptive the productive moneymaking ways within which at intervals throughout which and policies like joint ventures, mergers and acquisitions, partnership, merger and merchandise development includes STEMCELL Technologies Inc, Bio-Techne Corporation, Nippon Genetics Co Ltd., Lonza Group, GE Healthcare, Biological Industries, Thermo Fisher Scientific, BioLifeSolutions, Zenoaq, Merck & Co Inc. For example, as per Statista, the whole world stem cell therapy market was valued at around 755 million U.S. dollars in 2018, and it’s projected to succeed in around 11 billion dollars by 2029. For instance: In keeping with the Alliance for Regenerative Medicine, total finance in cell therapy across the world is USD 7.6 billion in 2018 that’s rise of 64% from 2017. Also, total finance in tissue engineering is USD 936.9 million in 2018 that’s a rise of 265% from 2017. However, presence of rigorous government regulation on cryopreservation media is that the issue hampering the expansion of market over the forecast years.

The regional investigation of global Cryopreservation Media market is taken into the account for the key regions like Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America is that the leading country over the world in terms of market share dye to the quick expansion of cell therapies and adoption of regenerative medicines within the region. Whereas, Asia-Pacific is additionally expected to exhibit highest rate / CAGR over the forecast period 2020-2026. Factors like presence of favorable government regulation regarding cell therapy and regenerative medicines would produce remunerative growth prospects for the Cryopreservation Media market across Asia-Pacific region.

Furthermore, the cryopreservation has big selection of application in regenerative medication and cell therapy method in order to preserve the cell from infection and microwaves with efficiency whereas while taking it from donor to patients. Therefore, rising growth in cell therapy across the world is predicted to drive the expansion of market over the coming years. Similarly, growing finance in cell therapies and tissue engineering across the world is predicted to increase the expansion of market over the approaching years. Therefore, the Global Cryopreservation Media Market will increase in forthcoming years.

For More Information, Click on the Link Below:-

Global Cryopreservation Media Market

Related Report:-

Global Cryopreservation Media Market 2019 by Manufacturers, Regions, Type and Application, Forecast to 2024

Contact Us:-

Ken Research

Ankur Gupta, Head Marketing & Communications

Ankur@kenresearch.com

+91-9015378249

Prominent Growth In Trends In Car Care Products Market Outlook: Ken Research

The Car care products are great carrying out chemicals that are utilized for improving the aesthetic attendance of the cars along with developing the durability of the vehicles. Also, the car care products not only advance the shine and gloss of automobiles but also recollect or safeguard the visual application or aesthetic worth of the cars.

According to the report analysis, ‘Global Car Care Products Market to reach USD 15.53 Billion by 2026’ states that the outbreak of COVID-19 around the world impacts in slow down of several regions and producing of passenger and commercial vehicles that is limiting the growth of Car Care Products. The praise worthy application of car care products in cleaning, enhancing, coating, and preserving standardized attendance of car coupled with increasing requirement for commercial and passenger vehicle around the globe is propelling the growth of market over the review years. For instance: according to the International Organization of Motor Vehicle Manufacturer (OICA), the construction of passenger cars registered for nearly 73.45 million units during the year 2017 as associated to 72.10d million units in the year 2016 on the worldwide scenario. Correspondingly, the production of commercial vehicles registered for nearly 23.84 million units during the year 2017 as associated to 22.87 million units during the year 2016 which involved both lightweight commercial vehicles and weighty trucks & buses. Moreover, increasing customer awareness affecting to the conservation of vehicles and breakthrough in the car washing technology is projected to quicken the growth of market over the impending period. However, great cost of such products is the aspect limiting the growth of car care products market over the forthcoming duration.

Whereas, the worldwide Car Care Products Market is valued nearly USD 11.80 Billion in 2019 and is projected to grow with a vigorous growth rate of more than 4.00% over the review period of 2020-2027. However, the regional analysis of worldwide Car Care Products market is painstaking for the foremost regions such as Asia Pacific, North America, Europe, Latin America, and Rest of the World. The North America is the leading/significant economy across the globe in terms of market share due to the growing sale of premium cars around the region. Whereas, the Asia-Pacific is also projected to exhibit greatest growth rate / CAGR over the review period of 2020-2027. Aspects such increasing customer consciousness affecting to the maintenance of vehicles and innovations in the car washing technology would generate the lucrative growth predictions for the Car Care Products market around Asia-Pacific economy.

Not only has this, the effective growth in the disposable income, the augment in automotive sales, and improvement in car washing technology are projected to propel the market growth. The industry is projected to observe consolidation, where players are aiming on efforts to improve products with several applications. In addition, the market is also projected to observe a trend of speedy and easy to usage products, as consumers prefer the convenient of usage over other aspects. Therefore, in the near years, it is anticipated that the market of car care products will increase around the globe more effectively over the near years.

For More Information refer to below link:-

Global Car Care Products Market

Related Report

Passenger Car Accessories Aftermarket by Type (External Accessories and Internal Accessories) and Application (Roof Rack, LED Lights, Body Kits, Body Covers, Alloy Wheels, Tires, Car Care Products, Window Films, Seat & Steering Covers, Electronic Accessories, Knobs, Floor Mats, Sunshades, Car Organizers, Air Fresheners, Vacuum Cleaners, Pillows & Cushions, and Others): Global Opportunity Analysis and Industry Forecast, 2019-2026

Contact Us:-

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

Growing Insights across Acoustic Vehicle Alerting System (AVAS) Market Outlook: Ken Research

 The Acoustic vehicle alerting system (AVAS) is a sound emitting device accumulated in electric vehicle which introduces a lower level of sound than the unadventurous vehicle. These systems are utilized to safeguard the pedestrians by warning them connected the vehicle's existence. Owing to the effective augment in concern regarding environmental and passenger fortification, the governments of several regions are assisting the advancement of electric vehicles across the globe. Also, inherent application of AVAS in electric vehicles attached with growing sale of electric vehicles is projected to influence the growth of AVAS systems over the review years.


According to the report analysis, ‘Global Acoustic Vehicle Alerting System Market to reach USD 4071.41 Million by 2026’ states that according to the International Energy Agency (IEA) 2019, the worldwide electric car deployment has been increasing rapidly over the past ten years, the worldwide stock of electric passenger vehicle cars was passed by 5 million during 2018 with an augment of 63% from 2017. It was originate that over 45% of electric cars on China's road during 2018 that is 2.3 million associated to 39% across 2017. Similarly, the Europe registers for 24% of worldwide electric cars and United States with 22% across 2018. Not only has this, compulsory norms and regulations established by government around the worldwide regarding installation of AVAS in vehicles is generating a profitable opportunity for the growth of market over the forthcoming period. However, owing to the worldwide outbreak of COVID-19, the worldwide automobile industry is facing a stoppage owing to the lockdown in numerous countries that has limited the production of electric vehicles. Also, some of the foremost companies indulged in producing the Electric vehicles such as Nissan Motor Co., Kia Motors Corp., BMW AG, Daimler AG, and Tesla, Inc. have shut down their electric vehicle production amenities and cleaned their aim towards the manufacturing of personal protecting equipment. Therefore, such aspect is limiting the growth of market over the review years.

Whereas, worldwide Acoustic Vehicle Alerting System Market is worth approximately USD 425 Million during 2019 and is projected to increase with a healthy growth rate of more than 38.10% over the review period of 2019-2026. Although, the regional analysis of worldwide Acoustic Vehicle Alerting System market is measured for the foremost regions such as Asia Pacific, North America, Europe, Latin America, and Rest of the World. The North America is the leading/significant economy around the world in terms of market share due to the existence of auspicious government initiatives concerning implementation of AVAS systems in vehicles. Whereas, the Asia-Pacific is also projected to exhibit greatest growth rate / CAGR over the review period of 2020-2026. Aspects such rising requirement for electric vehicles would generate the lucrative growth prospects for the Acoustic Vehicle Alerting System market around the Asia-Pacific economy. Therefore, in the coming duration, it is anticipated that the market of acoustic vehicle alerting will increase around the globe more effectively over the upcoming years.

For More Information, Click on the Link Below:-

Global Acoustic Vehicle Alerting System Market

Contact Us:-

Ken Research

Ankur Gupta, Head Marketing & Communications

Ankur@kenresearch.com

+91-9015378249

Dissimilar Trends And Developments Across Global Eyeglass Lens Grinding Machine Market Outlook: Ken Research

An eyeglass lens grinding machine is primarily utilized for processing a lens in such a way that the lens is suitably adjusted in an eyeglass frame where the edge thickness is great to achieve a decent aesthetic appeal. In the improved eyeglass lens grinding machine, the frame's plan information to be utilized in providing a layout of the lens associated with the eyeglass frame are entered. The edge position of a processed lens is detected dependent on the entered information.

According to the study,’ Global Eyeglass Lens Grinding Machine Market to reach USD XXX Million by 2026’ Companies are actively entering into strategic agreements and collaborations with alternative players within the business to boost their product and increase visibility because of strategic product placement. Some of the key market players are Luneau Technology Group, Fuji Gankyo Kikai, Huvitz Co ltd., Nidek Co Ltd, Dia Optical, Essilor Instruments, Topcon Corporation, Nanjing Laite Optical, Ningbo FLO Optical and Shanghai Yanke Instrument.

The edge position of a processed lens is detected depend on the entered information. However, the sudden occurrence of COVID-19 pandemic around the globe, numerous countries are under lockdown therefore, makers are facing many challenges like reduced production, supply disruptions of raw materials, and many more. Thus, these factors will have a short-term impact to the market expansion around the globe. The market expansion is principally attributed to growing elderly population, increasing prevalence of optical disorders, and growing demand of vision correction among all in the age of digitalization around the world. For instance, as per the World Health Organization, in 2010, the amount of people aged 65 or older is calculated around 524 million and is projected to increase to around 1.6 billion by 2050, with most of the increasing elderly population in developing countries. This factor would increase the demand for Eyeglass Lens Grinding Machine around the world. In addition, volatile prices of raw material are also the major factor limiting the market growth over the forecast period of 2020-2026.

The regional investigation of global Eyeglass Lens Grinding Machine market is taken into the account for the key regions like Asia Pacific, North America, Europe, Latin America and Rest of the World. Asia Pacific is predicted to exhibit highest growth rate during the forecast period. The detailed segments and sub-segment of the market are on the basis of product and application. By Product Type into Manual Eyeglass Lens Edger, Automatic Eyeglass Lens Edge and Semi-automatic Eyeglass Lens Edger. By Application into Optical Shop, Eye Hospital and Others.

Moreover, with the current technological advancement every industry is focusing toward the adoption of innovative and efficient ways for the further growth in the market. Also, the mounting technological advancement and the growing investment of regional-level manufacturers to the international market to expand its reach across various region are creating opportunities which will increase the demand of Eyeglass Lens Grinding Machine Market will increase in upcoming years.

For More Information refer to below link:-

Global Eyeglass Lens Grinding Machine Market

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

Tuesday, November 3, 2020

Increasing population and adoption as an alternative to milk along with reduced transportation and storage costs has fuelled the market growth: Ken Research

 Buy Now

In pastoral areas, the impact of the drought on livestock has led to a lack of access to milk thereby increasing the consumption of milk powder.

Low Milk Quality: Poor milking hygiene practices (both on-farm and post-farmgate) leads to inferior quality production. Unsatisfactory management practices and cold chain logistics can be a cause of irregular training and uninformed farmers who carry lesser knowledge on operational procedures. More number of milk cooling units can be placed in proximity to farmers in their villages with an objective to fill this gap.


Increase in Imports: Demand of powdered milk, especially whole and skimmed milk powder increased among food processors and manufacturers thus, leading to sharp increase in the imports from Middle East and Europe. Further due to seasonal fluctuations, delayed and sporadic rainfall is jeopardizing livelihoods and food security of thousands of Somali families. In pastoral areas, the impact of the drought on livestock has led to a lack of access to milk thereby increasing the consumption of Concentrated Milk.

Increase in Households: Increase in Population (15.4 million in 2019 from 13.7 million in 2014) and increasing adoption as an alternative to milk has boosted the sales. The development of advanced technologies in milk powder is driving the attention of the people towards the consumption of milk powder. The escalating preference for organic variants and clean label products that are free from additives, artificial preservatives or chemicals is acting a major growth-inducing factor.

Due to the demand supply gap of fresh liquid milk, majority of the milk powder is reconstituted into liquid milk and is widely used in Somalia because of reduced transport and storage costs (reduced bulk and weight, no refrigerated vehicles).

Smaller packaging i.e. single serving sizes gained traction among smaller household sizes as consumer started demanded products which can consumer on-the-go. Increasing health and wellness awareness coupled with expansion among distribution channels such as convenience stores, supermarket and hypermarket chains have boosted the sales.

The report titled Somalia Milk Powder Market Outlook to 2025 –Increasing Demand-Supply Gap for fresh milk due to Seasonal Fluctuations and Higher Shelf Life for Milk Powder to Drive Market Growth” by Ken Research suggested that the concentrated milk market is further expected to grow in the near future owing to its nutritional value and convenient usage.  Presence of numerous small and large manufacturers who compete in terms of prices and quality along with the initiatives taken by the government regarding the quality standard are increasing the sales. The market is expected to register a positive six year CAGR of 6.2% in terms of revenue during the forecast period 2019-2025F.

Key Segments Covered in Somalia Milk Powder Market: -

By Type of Milk Powder

Whole Milk Powder

Skimmed Milk Powder

By Application

Nutritional Foods

Infant Formula

Confectionaries

Others (Ice Creams, Chocolates, Bakeries and several other applications)

By Distribution Channel

Supermarket & Hypermarkets

Mom & Pop stores

Online

By Market Type

Unorganized

Organized

Key Target Audience

Milk Powder Repackaging Companies

Milk powder Manufacturers

Concentrated Milk Traders

Time Period Captured in the Report:

Historical Period: 2014-2019

Forecast Period: 2019–2025

Companies Covered:

Brookside Dairy Ltd.

Sameer Agriculture and Livestock Ltd.

Nestlé

Fonterra Cooperative Group Limited

New Kenya Co-Operatives Creameries

Arla Foods

Danone

Key Topics Covered in the Report:

Need and Opportunity Landscape in Somalia

Somalia Milk Powder Market Introduction and Overview

Demand & Supply Side Ecosystem for Somalia Milk Powder Market

 SWOT Analysis in Somalia Milk Powder Market

Trade Scenario in Somalia Milk Powder Market

Industry Analysis (Porter’s Five Forces Analysis)

Cost of Setting up a Milk Powder Production Plant in Somalia

Cost of Setting up Repackaging Plant in Somalia

Comparative Landscape – Somalia Milk Powder Market

Recommendations / Success Factors

Research Methodology

Appendix

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

Somalia Milk Powder Market Growth

Related Reports by Ken Research: -

Indonesia Dairy Food Market Outlook To 2025 – Yoghurt & Soul Milk Products Coupled With Cheese Segment To Drive Market Growth

Nigeria Dairy Products Market Outlook To 2020 - Launch Of Innovative Dairy Products In Nigeria To Boost Dairy Products Market

South Africa Dairy Products Market Outlook To 2020 - Innovation Coupled With Acquisitions By Dairy Product Manufacturers Is Likely To Drive Market

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

Effective Increasing Insights Of Financial Brokerage Market Outlook: Ken Research

The Financial Brokerage market was successfully witnessed in a snowballing stage wherein the market perceived slow growth throughout the evaluation duration of 2013-2018. During the course of 2013-2015, a lessening in financial brokerage market growth rate was witnessed crosswise Indonesia Financial Brokerage market owing to the exterior aspects of slowdown across Chinese economy, retaining of boundaries on funds borrowing by the Federal Reserve and capital flight from Indonesia’s region which led to swelling the interest rates by the Bank of Indonesia. The stage also perceived presidential and parliamentary elections and unrelenting low mindfulness amongst the investors regarding the financial markets. Despite the weakening, the financial brokerage industry happening convalescing during 2016 and has been perceiving a positive CAGR growth till date. The primary growth drivers contain the stable positive economic perspective of Indonesia, inflow of foreign investment, growing number of wide-reaching strategic partnerships by the brokerage firms, subordinate market capitalization and numerous others.

However, the Philippines financial brokerage market size is at existent one of the most propitious financial markets around the South-Asia with very few financial products reachable for trading at recent but will expand in a few years. Trading happenings cross ways Philippines is momentously regulated owing to very diminutive trading volume & ascetically fewer trading accounts; most of the brokerage firms provide the brokerage services at the bottom most charge specified by SEC. The players currently charge brokerage fees for equity trading and plan to expand financial services towards asset management, mutual funds, wealth management, algorithmic trading, top picks and plentiful other services that can appeal the clients. The industry cultured at a negative CAGR throughout this dated. The complete revenue in the financial brokerage industry observed a mounting trend on account of a reducing in simplification of the tax structure for trading, collective investor’s assurance& political stability across the Philippines throughout the recent last year.

During the year recent past years, the industry revenue was enumerated by the local brokerage firms due to the decent branch network, corporate’s reputation amongst domestic investors, reasonable pricing for online trading and dominance of services recommended. However, the entrance of worldwide brokerage firms and the swelling level of foreign portfolio investment have been pretense a challenge to the ascendancy of resident brokerage firms.

However, the Philippines Financial Brokerage market is bitty in nature. The UBS Securities is the market front runner and has the maximum market share in the Financial Brokerage market across Philippines on the basis of credible equity trading capacity throughout the current past years. This was followed by CLSA, Credit Suisse, COL Financial, Deutsche Regis Partners, Maybank ATR Kim, Macquarie Capital and numerous others. These market players compete with in the brokerage market in Philippines on the basis of commissions thrilling, financial brokerage business models, quality of complementary services and technology and status. Moreover, the advancements in technology will lead to assumption in functioning costs, the advantage of which can be passed on to the clienteles as brokerage firms oppose to stay applicable in the market. Therefore, during the near years, it is projected that the market of financial brokerage will augment around the globe more successfully over the inflowing duration.

For More Information, refer to the below link: –

Reports on Financial Brokerage Market

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

Growing Insights across Worldwide Custom Higher Education Market Outlook: Ken Research

 The Higher education is also well-known as post-secondary education and tertiary education which is a discretionary final stage of recognized learning stirring after the accomplishment of secondary education. It is contains of all the post-secondary education, training and research supervision at education institutions which are approved as institutions of higher education by government authorities. Also, it is instigated at several educational institutes likewise universities, academies, colleges, seminaries, and institutes of technology along with the through convinced college-level institutions, involving vocational schools, trade schools, and several other career colleges conferring degrees. 


According to the report analysis, ‘Global Custom Higher Education Market to reach USD 112.95 Billion by 2026’ states that the worldwide burden of COVID-19 results in lockdown of several economies that expansion the requirement for online and digital medium of learning mechanism to certify thrust social distancing amongst students. Therefore, the speedy growth across online education & technological innovation and advancement implementation in education segment across the world is projected to propel the growth of market over the review years. For instance: As per the study of Modification Disruptive E-learning, e-learning necessitates 40-60% less employee time equaled to the traditional classroom setting, 25-60% of augment in retention rates linked to classroom learning which is 8-10%. Also, dependent to the World Education Services, the worldwide e-learning market is projected to increase till USD 331 billion by 2025 with the augment in Massive Open online courses (MOOC) from 6850 during 2016 to 9400 in 2017 and According to the Holon IQ, the artificial intelligence based educational technology disbursement is on 2018 was USD 0.8 billion during 2018 and predicted to USD 6.1 billion till 2025. In addition, speedy increment in enrollment of students for higher education across the globe is also predicted to influence the growth of market over the review years. However, great cost sustained in opting higher education is projected to restrict the growth of market over the forthcoming period. 

In addition, the regional analysis of worldwide Custom Higher Education market is considered for the foremost regions such as Asia Pacific, North America, Europe, Latin America, and Rest of the World. Whereas, the North America is the leading/significant region around the world in terms of market share due to the implementation of advanced technologies in higher education segment. Whereas, the Asia-Pacific is also projected to exhibit greatest growth rate / CAGR over the review period of 2020-2027. Aspects such as robust growth in matriculation of students for higher education around the region would generate the lucrative growth prospects for the Custom Higher Education market across the Asia-Pacific region.

Not only has this, the organized players across the worldwide custom higher education are effectively working for leading the highest market growth and accounting the handsome value of market share. Adobe Inc., Xerox Holdings Corporation, Verizon Communication Inc., Educomp Solutions Ltd., International Business Machines Corporation, Cisco Systems, Inc., Panasonic Corporation, Dell, Inc., Oracle Corporation, Blackboard, Inc. and several others are the major market players. Nonetheless, the players are spreading the awareness connected to such, establishing the several research and development programs, and decreasing the linked prices. Therefore, in the near years, it is anticipated that the market of custom higher education will increase around the globe more effectively over the upcoming years.

For More Information, Click on the Link Below:-

Global Custom Higher Education Market

Contact Us:-

Ken Research

Ankur Gupta, Head Marketing & Communications

Ankur@kenresearch.com

+91-9015378249