Growth in Production of Rice Expected to Drive Thailand Agriculture Market: Ken Research

In Thailand, agriculture sector is highly competitive, diversified & specialized and its exports are extremely successful internationally. Rice is the most important crop of country. Apart from this, some other agricultural commodities produced in large amounts include fish & fishery products grain, tapioca, rubber, and sugar. Exports of industrially processed foods for instance pineapples, canned tuna, and frozen shrimp are on the rise.

Rice is the key staple crop of the country. There are high yield of rice varieties. The main commercial rice-producing areas of country are the Khorat Plateau and Chao Phraya basin. Agricultural production has diversified considerably to meet the domestic & world market demand. Among the crops produced for agriculture the market are kenaf (a jutelike fibre), cassava, corn (maize), longans, mangoes, cashews, vegetables, pineapples, durians, and flowers. Cash crops including rubber, sugarcane, coffee, and many fruits are produced generally on large holdings owned by the agri-businesses.

According to study, “Thailand Agriculture Market Trends, Statistics, Growth, and Forecasts” the key companies operating in the Thailand agriculture market are Solar Turbines, Analytik Jena - an Endress+Hauser Company, Flottweg SE, SoundPLAN GmbH, BD|Sensors GmbH, AMETEK Land, Metrohm AG, ECOMESURE, EyeCGas -OGI by OPGAL, BWB Technologies Ltd., AMETEK Spectro Scientific, Lindner-Recyclingtech GmbH, Opsis AB, Carbolite Gero Ltd - part of Verder Scientific, Aquobex Ltd., Endress+Hauser AG, Hilliard Corporation, Delta-T Devices Ltd., Kurita, Eijkelkamp Soil & Water, Anguil Environmental Systems, Inc., METER Group, Inc., PCA Technologies SRL, DILO Armaturen und Anlagen GmbH, Myron L Company, ProMinent GmbH, Hilliard Corporation, Solar Turbines, EyeCGas -OGI by OPGAL, ENVEA, Gasmet Technologies Oy, Metrohm AG, QED Environmental Systems Ltd., PSF Equipment (Thailand) Co. Ltd., A & S Thai Works Co., Ltd., Sarah Aquaculture ASIA, Kaset Phattana, N&K Orchid Farms Co., Ltd., Skov A/S, N&K Orchid Farms Co., Ltd., Iseki & Co., Ltd., Schedar (Thailand) Co. Ltd., Farm Aqua, Iseki & Co., Ltd., Biostadt India Limited, Seko Industries Srl, Baxel Co., Ltd., Van der Knaap Group, Agricultural Research for Development (ARD), Dynamax Inc, ASC Intertrade Co. Ltd, Farm Green Thailand, Surya Agrotech Thailand Co Ltd., BB Orchids, Bioproton Europe Oy, Texas Biotechnology Inc., Rostfrei Steels Pvt Ltd., CID Bio-Science, Inc., Texha PA LLC, Kasetphand Industry Company Limited (KPI), CYTC, INVE Aquaculture - a Benchmark company, dol-sensors a/s, Vannamei 101, Praxair Technology, Inc., Clearwater Asia Development Pte Ltd., Pöyry Energy, Premier Tech Chronos (PTC), Southern Cooling Towers (Thailand) co., ltd., Blue Aqua International, Tensar International Corporation., Komptech GmbH, Rentokil Pest Control - division of Rentokil Initial, Vitone Eco S.r.l., Mueller Water Products, PermAlert, a division of Perma-Pipe, Inc., Association of 3 Co., Ltd., Edinburgh Sensors Ltd - a division of Edinburgh Instruments, VNU Exhibitions Asia Pacific Co., Ltd., Industrial Physics Product Integrity Limited, Campbell Scientific, Inc.

Thailand country is one of the world’s leading exporters of shrimp, fish & fish products. However, the creation of shrimp farms & overfishing of the Gulf of Thailand sparked disputes between villagers and commercial interests who depend on shrimp and fish as basic foodstuffs. Various traditional marine fishing areas have become polluted, and shrimp farms have been particularly damaging to coastal mangrove forests. Many local farmers are used these traditional farming methods, which have been poorly developed and only bit by bit they adopted into a more new way using machinery for more productivity. It is projected that future of the Thailand agriculture market will be optimistic on account of growth in production of rice during the forecast period.

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Thailand Agriculture Market

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Zambia Agriculture Market Trends, Statistics, Growth, and Forecasts

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Ken Research
Ankur Gupta, Head Marketing & Communications
Ankur@kenresearch.com
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Increase in Surgical Procedures Expected to Drive Global ICU Beds Market: Ken Research

 ICU beds or Intensive Care Unit beds are special hospital beds, designed for ICUs to take care of serious patients. These beds are multifunction beds that can provide safety & comfort to both patients and caregivers. They are designed for providing the comfort, enhance work efficacy, support infection control, safety & ease of use, and enhance the effective risk management in hospitals. They are equipped with many accessories such as section mattress base, X-Ray cassette holder, and stepless pneumatic adjustment for trendlenburg and anti-trendlenburg that are designed to support & help the healthcare staff for their effective workflow. They contain electric & manual controls, wheels & brake, side rails, a removable headboard to allow procedures from the head of the bed and intravenous (IV) pole mounts.

According to study, “ICU Beds Global Market Report 2020-30: Covid 19 Implications and Growth” the key companies operating in the global ICU beds market are Medline Industries, Inc.; Invacare Corporation; Inc.; Stiegelmeyer GmBH & Co. KG; Paramount Bed Holdings Co., Ltd., Span-America Medical Systems, Joerns Healthcare LLC.; Gendron, Inc. ; LINET Group SE; Malvestio S.P.A.; Merivaara Corp.

Based on type, ICU beds market is segmented as manual beds, electric beds and semi-electric beds. Electric beds holds major share in global market due to greater comfort, portability, and elevated cost which impact for higher revenue. Based on application, market is segmented as psychiatric intensive care unit, neonatal intensive care unit, neurological intensive care unit, pediatric intensive care unit, cardiac intensive care unit, post-operative recovery unit, trauma intensive care unit, high dependency unit, mobile intensive care unit and surgical intensive care unit. In addition, based on end-user, market is segmented as ambulatory surgery centers, hospitals, and others. The hospital segment is expected to witness higher growth rate due to growth in number of surgical procedures at hospitals and rise in number of hospital admissions during the forecast period.

The ICU beds market is driven by rise in geriatric patients, followed by increase in surgical procedures, rise in investments in healthcare infrastructure by the government & private sector, growth in technological advancements and increase in incidences of chronic diseases such as diabetes, blood pressure, asthma, and others. However, lack of reimbursement in developing regions and high cost of the ICU beds may impact the market. Moreover, emerging economies such as China, India, Mexico, and Brazil is likely to create new opportunities over the forecast period.

Based on geography, the North-American is a leading region in global ICU beds market owing to rise in number of surgical procedures, higher number of ICU admissions, and better healthcare infrastructure in the region. The Asian-Pacific and European regions are estimated to witness higher growth rate due to increase in geriatric population, growth in number of hospital admissions coupled with improving healthcare infrastructure over the forecast period. The global ICU beds market is likely to grow from US $1.9 billion in 2019 to about US $3.8 billion in 2020 as hospitals across the world are rising their ICU capacity to deal with the surge in Corona-virus patients. The market is anticipated to stabilize and reach US $2.8 billion at a CAGR of 9.8% by 2023.

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Global ICU Beds Market

Related Report:-

Global ICU Beds Market Report 2019, Competitive Landscape, Trends and Opportunities

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In-depth Analysis of the COVID-19 impact on Vietnam Agricultural Equipment market: Ken Research

The global outbreak of Covid-19 virus has led to massive disruptions in all industries, majorly due to supply chain disruptions. The looming public health crisis has claimed over 35 lives in Vietnamas of 23^rd February 2021and apart from that, it continues to pose a threat on the lives, livelihoods and businesses across the world.

Vietnam has shown the effectiveness in stopping the community transmission of COVID-19; however it has not been able to avoid the economic crisis due to the effects of lockdown. According to the estimation by the General Statistics Office of Vietnam, as of mid-April 2020, nearly 5 million people lost their jobs because of this epidemic. In the first quarter of 2020, the economic growth rate was 3.82%, the second quarter it decreased to 0.39%, the third quarter it increased again to 2.62%, bringing the growth rate of 9 months of 2020 to 2.12%. Although the growth is still positive, this is the lowest compared to the same period for during 2011-2020. Vietnam is one of the few countries with positive growth in economy.

Effect on Agricultural Machines Demand in the First Half of 2020: The imposed lockdown in the country and the social distancing norms have severely impacted the agricultural machines demand in the country. Companies that had surplus inventory as a buffer were stronger in with standing the market shock brought about by the pandemic. The companies that were completely relying on imports were impacted as during the pandemic as the supply chain was disrupted in the first and second half. Machinery manufacturers saw declines in demand for equipments during the Covid-19 pandemic as there was a fall in farmer’s income. The production capacity of various agricultural machine manufacturers was as low as due to drop in demand during Q2-20. Due to COVID-19 restrictions in the country, Import turnover of agricultural, forestry and fishery products were estimated at about USD 4.3 billion, down 6.7% compared to the same period in 2019. In addition to COVID, the impacts of climate change have shown an impact from the beginning of the year causing drought and saline intrusion in the Mekong Delta affecting the cultivation and aquaculture industries.

Effect on Machinery Demand in the First Half of 2020: Stay-at-home orders amidst the pandemic prohibited the workers to visit the manufacturing factories. This caused a decrease in the domestic production of agricultural machinery. Vietnam is highly dependent on import for the agricultural equipments and most of its demands are met from China, Japan and Korea. A disruption in supply chain effected companies which were completely relying on imports of machinery and spare parts.

Temporary & Long Term Shifts in the Business Practices: The demand for agricultural machinery is expected to remain low throughout 2020 due to reduced income and shift of farmers to other sectors in order to earn a livelihood. The demand for these machines is however expected to recover in the second half of the year due to increasing rice production and export of agricultural products. Relaxations in taxes coupled with decrease in loan interest rate for machines, the demand is expected to recover by the end of the year. The increasing number of FTA agreements signed by the government with various countries is expected to reduce the prices of these machines which are in turn expected to drive the demand for tractors, combine harvesters and transplanters. The ease in the lockdown is expected to increase the footfall for the agricultural machinery showrooms and increase average revenue per dealer in the coming future.

The industry is expected to witness steady recovery from 2021 onwards and the sales volume reaching pre-COVID levels in the next few years. In the longer run, players in the agricultural machinery industry are expected to shift towards precision agriculture features including GPS, GIS, Cabin Control for Fields, Telematics and Others which might make these machines more efficient in reducing post harvest losses in the future. Foreign players are expected to dominate the major share of consumers in the future. Strategic partnerships with local players and as well other stakeholders in the industry are expected to increase the domestic manufacturing sales volume in the future. This would be coupled with focus on increasing quality of products and continued investment in marketing and promotion to drive the sales revenue. Basis all these factors, the Vietnam Agricultural Machinery Market is expected to grow at a CAGR of 6.4% on the basis of sales revenue during the forecast period 2020-2025.

Key Segments Covered:-

By Product Type

Tractors (2W and 4W)

Combine Harvesters

Rice Transplanter

Implements

By Tractor Segment

Upto 12 Hp

Between 12-35 Hp

Above 35 Hp

By Region of Sales

Mekong Delta

Red River Delta

Northern Midlands and Mountains

North Central and Central Coast

Central Highlands

South East

By Implement Segment

Rotavator

Plough

Harrow

Fertilizer Spreaders

Others

Companies Covered:-

Kubota Vietnam

Yanmar Vietnam

VEAM (Vietnam Engine and Agricultural Machinery Corporation)

Thaco (LS Mtron)

Key Target Audience:-

Agricultural Equipment Companies

New Market Entrants- Domestic OEMs

New Market Entrants- Foreign OEMs

Agricultural Equipment Financing Companies

Government Bodies

Investors & Venture Capital Firms

Agricultural Equipment Manufacturers

Agricultural Equipment Distributors

Agricultural Equipment Associations

Time Period Captured in the Report:-

Historical Period – 2014-2020

Forecast Period – 2021-2025

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

Vietnam Agricultural Machinery Market

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Thailand Agricultural Machinery Market Outlook to 2025 – Agriculture Tractor Market (By Type: 2W and 4W Tractors, By Power: 8HP-15HP, 20HP-35HP, 36HP-47HP, 48HP-75HP, 75HP-100HP, 100HP-120HP and Above 120HP), Combine Harvester Market (By Power: 70HP & Below, 75HP-105HP and Above 105HP), By Rice Transplanters (By Rows: 4Row, 6Row and 8Row), Agriculture Implements Market

Philippines Agricultural Equipment Market Outlook to 2023- By Product Type (Tractors, Combine Harvesters, Planters, Seeders and Tillage Equipments and Tillage Equipment), By Tractor Segment (Upto 60 Hp, Between 61-130 Hp and above 130 Hp), By Production (Imported and Domestically Manufactured) and By Region (Luzon, Visayas and Mindanao)

Europe Agriculture Equipment Market Outlook to 2023 - By Type (Tractors, Harvesting Equipment, Soil Preparation and Cultivation Equipment, Haymaking Equipment, Crop Protection Equipment, Transport and Handling Equipments and Other Agricultural Equipment); and By Major Countries (Germany, France, Italy, UK, Poland, Spain and Others)

Contact Us:-

Ken Research

Ankur Gupta, Head Marketing & Communications

Ankur@kenresearch.com

+91-9015378249

Vietnam Agricultural Machinery Market Outlook To 2025: Ken Research

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The report titled “Vietnam Agricultural Machinery Market Outlook To 2025 – Agriculture Tractor Market (By Type: 2W And 4W Tractors, By Power: Below 12 HP, 12HP-35HP, And Above 35HP, By Region: Central Highlands, North Central & Central Coast, Mekong Delta, Northern Midlands and Mountains, Red River Delta and South East),  Combine Harvester Market,  Rice Transplanters Market and Agriculture Implements Market (By Product Type: Rotavator, Plough, Harrow,  Fertilizer Spreaders and Others)” provides a comprehensive analysis on the status of the agricultural machinery sector in Vietnam. The report covers various aspects including volume of machines& market size, production scenario of agricultural equipments in the country, target audience, growth facilitators, issues & challenges faced by the industry and more. The Vietnam Agricultural Equipment report concludes with projections for future of the industry including forecasted sales revenue and volume by 2025, market segmentations, Covid-19 impact and analysts’ take on the future.

Vietnam Agricultural Equipment Overview and Size:

Vietnam Agricultural Equipment sector is in the growing phase with revenue CAGR of 3.2% during 2014-2020. Increasing demand for food, rising focus on reducing post-harvest losses, shortage of labour, extreme climatic conditions and signing of free trade agreement with various countries are the main reasons behind positive growth in agricultural machinery market revenue. Another major driver is the government initiatives to promote mechanization of farms in order to increase the cost and time efficiency of crop production. Agro economists have predicted that the overall food demand is expected to increase in the range of 59% to 98% by 2050 which makes the mechanization a necessity globally.

Vietnam Agricultural Equipment Segmentations

By Products (Tractors, Combine Harvester, Rice Transplanter and Implements): Tractors market dominated the agricultural equipment industry in Vietnam in 2020 on the basis of value and volume. The presence of major machinery manufactures is concentrated in the south and north; northern midland mountains have the least dealer store density. Combine harvester posed a slow growth rate due to their higher price.

Vietnam Tractor Market Segmentations

By Tractor Segment(2W and 4W): In terms of consumer preferences, sales for4W tractors are growing faster than that of 2W but the latter has the dominant market share in terms of volume. The low price of two wheel tractors makes them a great choice for small hold farmers who own small pieces of land.

Further Segmentation of Tractors by Power: Usage of tractors under 12 Hp is on the decline as most of the farmers are now switching on to 4W tractors. This has been made possible by the government as they provide subsidy on loan for farm equipments. In addition to the same, tractor above 35 Hp is only preferred by farmers with large land holding size.

By Region: Use of farm machinery such as tractors is increasing rapidly in Highlands- due to its increasing production of coffee and other crops such as crops such as pepper, tea, fruit and vegetables, flowers, rubber and cashew. Mekong Delta has been gaining traction for 4 wheel tractors due to the presence of large agricultural lands & extensive application of tractors 35 Hp and above.

Vietnam Combine Harvester Market Segmentations

By Region : Majority of farmers continue to use traditional methods of threshing and harvesting especially in the Northern Midlands and Mountains Region, thus leading to less usage of agricultural equipments. Combine harvester’s multifunction purpose usage is mainly dominant in rice and corn farming and is mainly used in Mekong region.

Vietnam Rice Transplanter Market Segmentations

By Region: Mekong Delta has the highest number of Rice Transplanter owing to higher land holding farm size. The trend of using these machines is high in Dong Thap. Due to the low sales of rice transplanters, some players have started to come up with 2 row rice transplanter to cater to the segment of small hold farmers in the country.

Competitive Landscape of Vietnam Agricultural Equipment

Agricultural Machinery Market in Vietnam has been dominated by Kubota which has captured a majority share in the sales volume of new 4 wheel tractors in Vietnam during 2020. It has also accounted a majority sales volume share in combine harvester and rice transplanter market of Vietnam during 2020. Both foreign as well as domestic companies are present in the market. These players compete on parameters such as proximity, value added services, prices, promotional offers and tie ups with major financial institution. In order to increase their revenue, the players offer free gifts and spare parts as a part of promotion.

Vietnam Agricultural Equipment Future Outlook & Projections

The agricultural machine industry is expected to recover from the Covid-19 pandemic and witness growth by 2025. The increasing push for mechanization by the government and shortage of labour are expected to fuel the sales of agricultural machinery. The adoption of 4WT is also expected to increase over the forecast period. The Agricultural Equipment Market is expected to witness investment in promotional and marketing activities and also strategic partnerships of domestic and foreign players.

Key Segments Covered:-

By Product Type

Tractors (2W and 4W)

Combine Harvesters

Rice Transplanter

Implements

By Tractor Segment

Upto 12 Hp

Between 12-35 Hp

Above 35 Hp

By Region of Sales

Mekong Delta

Red River Delta

Northern Midlands and Mountains

North Central and Central Coast

Central Highlands

South East

By Implement Segment

Rotavator

Plough

Harrow

Fertilizer Spreaders

Others

Companies Covered:-

Kubota Vietnam

Yanmar Vietnam

VEAM (Vietnam Engine and Agricultural Machinery Corporation)

Thaco (LS Mtron)

Key Target Audience:-

Agricultural Equipment Companies

New Market Entrants- Domestic OEMs

New Market Entrants- Foreign OEMs

Agricultural Equipment Financing Companies

Government Bodies

Investors & Venture Capital Firms

Agricultural Equipment Manufacturers

Agricultural Equipment Distributors

Agricultural Equipment Associations

Time Period Captured in the Report:-

Historical Period – 2014-2020

Forecast Period – 2021-2025

Key Topics Covered in the Report:-

Executive Summary

Research Methodology

Vietnam Agriculture Equipment Market Overview

Vietnam Agriculture Equipment Market Size, 2014-2020

Vietnam Agriculture Equipment Market Segmentation, 2020

Growth Drivers in Vietnam Agriculture Equipment Market

Issues and Challenges in Vietnam Agriculture Equipment Market

Regulatory Framework in Vietnam Agriculture Equipment Market

Snapshots on Equipment Financing and Rentals, After Market Services and Second Hand Purchases

Ecosystem and Value Chain of Agricultural Equipment Industry in Vietnam

Farmers Purchase Decision Making Parameters

Cross Comparison between Major Players and Company Profiles & Product Portfolios

Future Market Size and Segmentations, 2021-2025F

Covid-19 Impact on the Industry & the Way Forward

Analysts’ Recommendations

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

Vietnam Agricultural Machinery Market

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Thailand Agricultural Machinery Market Outlook to 2025 – Agriculture Tractor Market (By Type: 2W and 4W Tractors, By Power: 8HP-15HP, 20HP-35HP, 36HP-47HP, 48HP-75HP, 75HP-100HP, 100HP-120HP and Above 120HP), Combine Harvester Market (By Power: 70HP & Below, 75HP-105HP and Above 105HP), By Rice Transplanters (By Rows: 4Row, 6Row and 8Row), Agriculture Implements Market

Philippines Agricultural Equipment Market Outlook to 2023- By Product Type (Tractors, Combine Harvesters, Planters, Seeders and Tillage Equipments and Tillage Equipment), By Tractor Segment (Upto 60 Hp, Between 61-130 Hp and above 130 Hp), By Production (Imported and Domestically Manufactured) and By Region (Luzon, Visayas and Mindanao)

Europe Agriculture Equipment Market Outlook to 2023 - By Type (Tractors, Harvesting Equipment, Soil Preparation and Cultivation Equipment, Haymaking Equipment, Crop Protection Equipment, Transport and Handling Equipments and Other Agricultural Equipment); and By Major Countries (Germany, France, Italy, UK, Poland, Spain and Others)

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

Digital Services for Lead Generation | Best Companies for Online Lead Generation: Ken Research

 Online Lead generation describes the marketing process of engaging & capturing the interest in product or services for the purpose of developing a business pipeline for gaining new customers. Online Lead generation helps to generate more leads, improve yield, share better leads with sales, and grow the business in many ways. Online lead generation incorporates numerous channels & strategies- content marketing, search engine optimization, blog, website, and social media. Generally, online leads can be divided into two categories: Marketing qualified lead (MQL) and Sales qualified lead (SQL). Best Companies for Online Lead Generation help to build relationships, increase brand awareness, drive more qualified leads into the sales funnel and ultimately close the deals.

Ken Research is a best company for online lead generations that can assist your business grow by enabling you to find more leads, improve prospect relationships, optimize your marketing spend and eventually be a more strategic marketer. Our leaders are very expert in generating leads online. We are your truthful partner for the lead generation services & online lead generation. Our company provides Digital Services for Lead Generation that can help you to build many leads in your business. These services may be followings:

Pay-per-Click Ads: Pay-Per-Click (PPC) advertising is the form of promotion where companies/organizations purchase ad spots from the Google and other reliable networks.

Inbound and Content Marketing: Inbound marketing attract potential customers who are already searching for your products and promoting your solutions to random consumers. Content marketing is an approach that focuses on producing the quality resources in the form of blogs, ebooks, and reports.

On-Page SEO: On-page SEO includes all the variables found on your page. It includes Meta information as well as any piece of code that can assist to improve the way search engines crawl & rank your pages.

Off-Page SEO: Off-page SEO elements are peripheral variables that affect the website’s rankings. It takes into consideration rating sites, local directories, review platforms, and other commonly used platforms, so the information found on these requirements to be accurate & up-to-date.

Social Media Marketing: Social media marketing assist you to connect with users at the accurate time, show your value in the creative way, and transform your social media profiles into the reliable lead generation machines.

Email Marketing: Email marketing is becomes a valuable source of leads that can generate great results.

Focus on the lead generation is very different from simply creating a promotion plan as your strategy has to revolve around the acquiring quality prospects & potential customers that enter your sales funnel through the controlled process. Instead of being product-centric, lead generation strategies have to turn around your clients, what keeps them engaged, and how they behave? Some of the key benefits of creating a plan that focuses on generating the leads include improve your content, set realistic objectives, make decisions based on predictable models, create a website designed to attract leads and increase your revenue.

For More Information, Click on the Link Below:-

Digital Services for Lead Generation

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Ken Research

Ankur Gupta, Head Marketing & Communications

Ankur@kenresearch.com

+91-9015378249

Several Developments in Term Life Insurance Global Market Outlook: Ken Research

 The term life insurance market involves of sales of term life insurance products and correlated services by persons (organizations, sole traders and partnerships). These entities are engaged in primarily underwriting (i.e., assuming the perils and assigning premiums) annuities and life insurance policies, incapacity income insurance policies, dismemberment insurance and accidental death policies

Term life insurance is a category of life insurance which delivers only a death assistance (through lump-sum, monthly payment or annuity) to the beneficiary if the person insured dies throughout a specified term duration. If the person covered survives until the end of the term, the attention ceases without any value (or payments made) and thereafter death entitlement cannot be made.   The Term life insurance wage-earners invest premiums to build up a portfolio of financial assets to be utilized against future claims. Direct insurance providers are individuals that are engaged in primary underwriting and assuming the perils of insurance policies.

According to the report analysis, ‘Term Life Insurance Global Market Opportunities And Strategies To 2030’ states that the worldwide term life insurance market reached a value of closely USD 778.8 billion during 2019, having augmented at a compound annual growth rate (CAGR) of 6.87% since 2015, and is projected to propel at a CAGR of 9.67% to approximately USD 1,126.6 billion by 2023. Also, the market is projected to increase to USD 1,353.0 billion during 2025 at a CAGR of 9.59% and to USD 2,217.9 billion throughout 2030 at a CAGR of 10.39%.

Nonetheless, going forward, growth of middle-class group in evolving market, and increase in chronic diseases and disabilities are estimated to drive the market. Factor that could encumber the growth of the term life insurance market in the future embrace non-investment grade.

The term life insurance market is classified by type of insurance into individual level term life insurance, group level term life insurance, and deducting term life insurance. The individual level term life insurance market was the greatest sector of the term life insurance market, denominating for USD 600.93 billion or 77.2% of the entire market in 2019. The group level term insurance market is projected to be the fastest increasing segment going forward at a CAGR of 13.2% throughout 2019-2023.

Furthermore, the Asia Pacific was the greatest region in the term life insurance market, dominating for 49.4% of the worldwide market during 2019. It was followed by North America and Western Europe, and several other regions. Going forward, the fastest increasing regions in the term life insurance market will be Eastern Europe and Asia Pacific, where growth will be at CAGRs of 17.1% and 14.9% correspondingly from 2019-2023.

The worldwide term life insurance market is greatly fragmented with a great number of small players in the market. The top ten competitors of the market made up to 3.30% share of the entire market throughout 2018. Foremost players in the market comprise MetLife, Aegon Life Insurance Company, Prudential Financial, Northwestern Mutual, State Farm, and several others. Moreover, to take advantage of the opportunities, The Business Research Company commends the term life insurance companies to bargain personalized insurance policies, collaborate with tech startups to suggest the best term life insurance policies to the clients, usage automation and big data technologies to enhance the operational efficiencies, expand offerings in developing markets, provide competitively priced offerings and aim on creating advertising content on digital platforms to augment the sales, amongst other strategies.

For More Information, Click on the Link Below:-

Global Term Life Insurance Market

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Term Life Insurance Global Market Report 2020

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Ken Research

Ankur Gupta, Head Marketing & Communications

Ankur@kenresearch.com

+91-9015378249

Future of Cambodia Agriculture Market Outlook: Ken Research

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Agriculture has always been of excessive significance for Cambodia, as serving the world’s chief population is not a stress-free task. The Cambodian government has been ancillary to the agriculture industry with a number of policies, exasperating to stabilize the output and search for ways to certify the sector is growing healthily and sustainably. The Cambodia federal government has been greatly supportive of agriculture for periods, and there is far-reaching political consensus as to the necessity for land, labor, and tax transformation to help the segment reach its potential. Due to compassionate policies, the agriculture sector’s presentation has been humanizing steadily in recent years. Cambodia keeps its first rank across the world in terms of farming output, constructing large capacities of rice, wheat, cotton, meat, poultry, eggs, and fishery products.

The innovative strategy calls for more struggles to ensure the supply of key farm products, supporting the supply-side structural reform and, more decisively, enhancing environmental security as well as pollution prevention and waste treatment. Regardless of the rapid improvement of Cambodia’s agriculture segment, problems emerge in relation to a variety of pieces, including the shrinking arable land, the weakening ecological status of the environment owing to the heavy practice of fertilizers and pesticides, and the concern of food security.

According to the report analysis, ‘Cambodia Agriculture Market Trends, Statistics, Growth, and Forecasts’ states that food safety has been an upper concern for Cambodia trades, especially concerning farm yields such as grains, meat, vegetables and seafood. Recent scandals have somewhat stifled consumers’ buoyancy in food safety, and in rejoinder, the government has presented regulations to improve food safety and toughen quality monitoring. The accumulative ultimatum for high-quality agricultural products versus their imperfect supply eventually results in increased imports. Some foremost product categories, comprising soybeans and dairy foods, have been severely dependent on imports for several years. Other inhibitors to the sector’s growth embrace the aging workforce with a low level of education and the unfledged rural financial services system.

Moreover, most farmers are promised low-scale subsistence farming and have a hard time retrieving credit and paying it back. Therefore deficiency and crop holiday years, as well as canceling farming, or even promising suicide, is widespread among farmers in the country. Cambodia has taken economic growth completely and needs to feed its aroused appetite. Cambodia’s agriculture sector is responsible for livelihoods to households in rural areas. Together with forestry and fisheries, it is one of the prime contributors to Cambodia’s GDP.

Agricultural procedures including primitive subsistence farming, demanding subsistence farming, commercial farming, and plantation farming as a modified of commercial farming are all existing in India. Some states specialize in increasing certain crops commercially, while others cultivate the same crops as a subsistence farming activity.

The Cambodia government has for decades aggressively supported the agriculture sector through mechanisms such as fertilizer subsidies, and hassle-free lending conditions, amongst others, countenancing farmers to have a fair assessment of their revenues and plan for the next agricultural season consequently. Through a network of public institutions and innumerable programmers and schemes, Cambodia’s federal and regional authorities are trying to guard agricultural producers and boost production. A number of policy processes have been taken to address two foremost factors – soil and water – that are critical to enlightening agricultural output.

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

Cambodia Agriculture Market Analysis

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Indonesia Agriculture Equipment Market Outlook to 2025 - By Tractors Market (2 Wheeled & 4 Wheeled Tractors; < 40HP, 40-70HP & >70HP Tractors; Combine Harvesters Market (Less than 70HP, 70HP and >70HP); Rice Transplanters Market; Implements Market (Rotavator, Plough, Harrow, Fertilizer Spreaders & Others); and Regional Demand of Agriculture Equipment (Java, Sulawesi, Sumatra, Kalimantan & Others)

Contact Us:-

Ken Research

Ankur Gupta, Head Marketing & Communications

Ankur@kenresearch.com

+91-9015378249

Ethiopia Agriculture Market, Ethiopia Agriculture Industry: Ken Research

The Agriculture has always been of inordinate importance for Ethiopia region, as feeding the realm’s largest population is not a laidback task. The Ethiopia government has been assistant the agriculture industry with a number of policies, trying to stabilize the productivity and seeking methods to ensure the sector is mounting healthily and sustainably.

According to the report analysis, ‘Ethiopia Agriculture Market Trends, Statistics, Growth, and Forecasts’ states that the Ethiopia region federal government has been vastly supportive of agriculture for the decades, and there is far-reaching political consensus as to the requisite for the land, labour and tax reform to relief the sector reach its potential. Due to understanding policies, the agriculture sector’s performance has been enlightening steadily throughout the recent years. Ethiopia keeps its first rank in the world in relations of farming output, generating the large quantities of rice, wheat, cotton, meat, poultry, eggs and fishery products. The original strategy calls for more efforts to ensure the supply of significant farm products, helping the supply-side structural reform and, more notably, enhancing environmental protection as well as effluence prevention and waste treatment.

Although, the present outrages have somewhat inhibited the consumers’ confidence in food safety, and in reaction, the government has hosted regulations to improve food safety and toughen the quality monitoring. The increasing mandate for high-quality agricultural products versus their inadequate supply ultimately results in amplified imports. Some foremost product categories, counting soybeans and dairy foods, have been comprehensively dependent on imports for voluminous years. Other inhibitors to sector’s growth consist of the ageing workforce with a low level of education and the under developed rural financial services system. The government has espoused a number of multi-year policies, such as a pledge to paired farmer incomes and become self-sufficient in pulses over an undetermined short-term period.

In addition, the Ethiopia has taken economic growth really and requirements to feed its whetted appetite. The Ethiopia’s agriculture sector affords livelihoods to households in rural locations. Together with the forestry and fisheries, it is one of the major contributors to Ethiopia’s GDP. Agricultural techniques including primitive subsistence farming, intensive subsistence farming, commercial farming and plantation farming as a modified of commercial farming are all present in India. Some states specialize in mounting certain crops commercially, while others nurture the same crops as a subsistence farming activity.

The Ethiopia government has for decades dynamically supported the agriculture sector through appliances such as fertilizer subsidies, and relaxed lending conditions, amongst others, consenting farmers to have a fair assessment of their revenues and plan for the next agricultural season consequently. Through the network of public institutions and various programmes and patterns, Ethiopia’s federal and regional authorities are trying to guard agricultural producers and boost invention. An amount of policy dealings have been taken to address two foremost factors – soil and water – that are critical to improving agricultural productivity. Therefore, in the near years, it is predicted that the market of agriculture will increase around the globe more effectively over the forthcoming years.

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Ethiopia Agriculture Market

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Saudi Arabia Agriculture Market Trends, Statistics, Growth, and Forecasts

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Different Growing Trends in Spectator Sports Global Market Outlook: Ken Research

 The market of spectator sports comprises of sales of the spectator sports services and connected goods by the several individuals that effectively deliver the live sporting events for a reimbursing audience. Spectator sports comprise the exhibition of sporting occasions by teams and clubs or independent athletes. Owners of teams, horses, and so on that enter contributors into racing events or other spectator sports events and the sports trainers who make available specialized services to maintenance participants in sports events or competitions are portion of this industry. The establishments that activate race tracks are also involved in this industry. The spectator sports market is sectored into sports team & clubs and racing & individual sports.

According to the report analysis, ‘Spectator Sports Global Market Opportunities And Strategies To 2023’ states that the global spectator sports market reached a charge of nearly USD 143.8 billion in 2019, having grown-up at a compound annual growth rate (CAGR) of 7.3% since 2015, and is projected to increase at a CAGR of 7.5% to nearly USD 192.1 billion by 2023. Growth in the historic period resulted from developing markets growth, and speedy urbanization. Aspects that negatively affected growth in the historic duration were climate transformation, deficiency of sports officials, and doping scandals impact sports.

Going forward, increasing sponsorships, augment in internet accessible devices, numerous sports channels to capture viewership, and economic growth will propel growth. Aspects that could limit the growth of the spectator sports market throughout the future comprise threat from home entertainment, growing regulations on sports, and epidemic syndrome outbreak.

In addition, the North America was the principal region in the spectator sports market, accounting for 35.1% of the worldwide market during 2019. It was followed by Asia-Pacific, Western Europe and then the other regions. Going forward, the wildest increasing regions in the spectator sports market will be Africa and Asia-Pacific, where growth will be at CAGRs of 11.3% and 11.2% correspondingly. These will be followed by Middle East and the Eastern Europe, where the markets are projected to augment at CAGRs of 10.2% and 8.6% correspondingly.

The worldwide spectator sports market is exceedingly fragmented with a great number of small players in the market. The topmost ten competitors in the market made up to 4.91% of the total market during 2019. Foremost players in the market involve Futbol Club Barcelona, Dallas Cowboys, Manchester United Football Club, Real Madrid, New York Yankees and several others.

The top opportunities in the worldwide spectator sports market segmented by revenue source will rise in the media rights sector which will gain USD 14.4 billion of worldwide annual sales by 2023. The uppermost opportunities in the worldwide spectator sports market segmented by media type will rise in the traditional media section which will gain USD 11.6 billion of worldwide annual sales by 2023. The top opportunities in the international spectator sports market segmented by type will rise in the sports team & clubs segment which will gain USD 35.1 billion of worldwide annual sales by 2023.

The spectator sports market size will gain the most around China at USD 14.06 billion. Market-trend-based strategies for the spectator sports market comprise mobile ticketing, virtual reality to improve the spectators' observation, analytics for pricing tickets, emerging markets are contributing in sports, fusion of sports and entertainment, sponsorships to partnerships, corporate social responsibility and sustainability, growing requirement for smart arenas/stadiums. Moreover, the Player-adopted strategies in the spectator sports industry involve the developing strategic partnerships and collaborations to enhance the operations, strengthening business and service offerings through acquisitions, and investing in fresh infrastructure, and enhancing its international existence.

For More Information, Click on the Link Below:-

Global Spectator Sports Market

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Spectator Sports Global Market Report 2019

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Global Paints and Coating Market Research Report: Ken Research

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The Sequential coating application of paints or paints functional over metal coatings to form a 'duplex' coating system is classically modern specifications. The most extensively utilized material for safeguarding steel is painted. Commonly, the defensive paint schemes comprise of primer and finish coats. Binders, solvents, pigments, and chemicals are the necessary ingredients utilized to introduce the paints. Solvents are volatile liquids that are optimized to obtain the paint's exact viscosity and flow. Several paints don't have solvent in several cases. After utilizing the ink, the solvent evaporates to leave the solid dry film on the surface. Binders are predictable as one of the most important and demanded components of the painting. Natural resin, drying oil, and synthetic resin are dissimilar types of binders. Pigments are granular solids that convey the most vital color and opacity belongings of paint. Additives are components utilized in small quantities to give the paint supplementary characteristics. Common forms of additives are stabilizers, drying and curing agents, anti-mold agent, anti-settling agent, and several others.

According to the report analysis, ‘Global Paints & Coatings Market: Market Segments: By Resin Type (Acrylic, Polyester, Polyurethane, Epoxy);By Formulation (Water-Based, Solvent-Based, Powder Coatings, UV Coatings); By Application (Architectural & Decorative, Industrial, Marine)and Region – Analysis of Market Size, Share & Trends for 2014 – 2019 and Forecasts to 2030’ states that the worldwide Paints & Coatings Market to surpass USD 268.21 million by 2030 from USD 161.6million during 2018 at a CAGR of 5.33% throughout the review period, i.e. 2019-30. The major factors supporting the market to prosper are enlargement in the automotive industry, growth in construction activities, and increasing consumption of paints and coatings by the oil and gas industry. The growth of end-use industries such as architectural, general production, safety, and automotive & transport propels the growth of the requirement for paints & coatings.

In addition, around developing regions, there is a great untapped market for the construction industry, which has been growing every year owing to the increasing worldwide population. The requirement for the construction materials, comprising the paints and coatings, is generated by these aspects. The requirement for consumer goods and automobiles has been propelling the increasing populace and per capita income, which in turn is booming up industrialization. To sustain the graph of the improvement in urban centers, the holistic unremitting growth of the construction industry is imperative. Also, the upsurge of urbanization and industrialization within the construction industry has demanded the usage of prudent techniques and durable materials. The worldwide market for paints and coatings is therefore projected to become a haven for foremost opportunities during the coming years.

Not only has this, with the effective growth in the global population and an increasing number of nuclear families, but the requirement for fresh homes is also growing every year, generating requirements for paints and coatings in turn. The prominent growth in the requirement for consumer products and vehicles is also propelling the growth of the market for coatings and paints. Therefore, in the near years, it is anticipated that the market for paints and coatings will increase around the globe more significantly over the forthcoming years.

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

Global Paints and Coating Market Analysis

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