Friday, July 16, 2021

Global Soap and Cleaning Compounds Market

 The soap and cleaning compounds manufacturing market entails of the sales of soap and cleaning compounds by several entities (organizations, sole traders or partnerships) that generate and package soaps and several other cleaning compounds, surface active agents, and textile and leather finishing agents utilized to decrease tension or speed the drying procedure.

According to the report analysis, ‘Soap And Cleaning Compounds Global Market Report 2020-30: Covid 19 Impact and Recovery’ states that P&G; Unilever; Ecolab Inc; S. C. Johnson & Son Inc; Colgate-Palmolive and several others are the key corporates which presently functioning in soap and cleaning compounds global market for leading the highest market growth and dominating the handsome value of market share around the globe in the present scenario while spreading the awareness connected to the applications of such, increasing the specifications and benefits of such, delivering the better consumer satisfaction, employing the young and active personnel, decreasing the associated prices of such, establishing the several research and development programs, analysing the strategies and policies of the corporates and government, implementing the policies of enlargement and profit making, and improving the qualitative and quantitative measures of such.


Corporates in the industry are replacing triclosan and triclocarban with the chemicals such as benzalkonium chloride, benzethonium chloride or chloroxylenol (PCMX) as they are well-known to be damaging to both health and environment. Triclosan and triclocarban are the anti-microbial ingredients utilized in personal care products to stop or sluggish the growth of bacteria causing harm. These agents are utilized in products such as soaps, lotions, hand washes, toothpastes, mouthwashes, soaps, deodorants and cleaning compounds. Food & Drug Administration specified that the manufacturers did not demonstrate the ingredients to be harmless for long-term daily use and more effective in safeguarding the illness and spread of infections. They are also found in water bodies, thus distressing the marine life. For instance, P&G and Unilever, consumer products corporates, stopped manufacturing and utilizing triclosan and triclocarban agents and are substituting them with other chemical ingredients.

Whereas, the polymer beads are being utilized as cleaning agents to decrease water and energy consumption. Tiny, spheroidal plastic chips beads absorb stains, stray dye, and soil, booming them away from fabrics, resulting in a cleaning procedure that utilizes less water and chemicals than traditional commercial washing machines. It also washes fabrics at lesser temperatures, thereby conserving energy. For instance, Xeros improved near-waterless polymer bead cleaning technology for the dry cleaning, hospitality and industrial industries.

The significant augment in demand from the population for end-use products gave a major boost to the entire soap and cleaning compounds market. Additionally, speedy urbanization especially in the underdeveloped economies supported the requirement for these compounds through augment end use product consumption. Furthermore, the organized players in the soap and cleaning compounds are effectively implementing the policies of enlargement, partnership, new product development, amalgamation, joint venture, merger and acquisition and many more for obtaining the competitive edge and generating the high percentage of revenue. Therefore, in the near years, it is predicted that the market of soap and cleaning compounds will increase around the globe more effectively over the coming years.

For More Information, Click on the Link Below:-

Global Soap and Cleaning Compounds Market

Related Reports:-

Soap and Cleaning Compounds Global Market Forecast To 2022

Soap and Cleaning Compounds Global Market Report 2019

Contact Us:-

Ken Research

Ankur Gupta, Head Marketing & Communications

Ankur@kenresearch.com

+91-9015378249

Increasing Investment in Infrastructure Exhibit Growth to Intrusion Alarm System Industry Outlook: Ken Research

The intrusion alarm system can entail of several dissimilar devices comprising the door contacts, glass break sensors, motion detectors, strobes and sirens just to name a few. By utilizing an intrusion alarm system, a would-be intruder can be perceived when endeavouring to enter a secured area, and an audible or visual alarm can be activated on site while instantaneously sending an alert to an alarm monitoring station, where it is handled by trained operators as prearranged by the customer.

According to the report analysis, ‘Global Intrusion Alarm System Industry Research Report 2021 Segmented by Major Market Players, Types, Applications and Countries Forecast to 2027states that Aiphone, Assa Abloy Ab, Fujitsu Limited, Ingersoll-Rand Plc, Alarm.Com, Bosch Security Systems, Cognitec Systems Gmbh, Magal Security Systems Ltd, Siemens, United Technologies Corporation (Utc), Honeywell International Inc and many more are the key companies which recently functioning more effectively around the Global Intrusion Alarm System Industry for leading the highest market growth and dominating the handsome value of market share around the globe while delivering the better consumer satisfaction, decreasing the linked prices of such, employing the young and active personnel, increasing the applications and specifications of such, analysing the strategies and policies of the government as well as corporates, implementing the strategies of enlargement and profit making, establishing the several research and development programs, spreading the awareness connected to the applications of such, and improving the qualitative and quantitative strategies of such.

By type, the Global Intrusion Alarm System Industry is segmented into detection systems, alarm panels and communication devices. By applications, the Global Intrusion Alarm System Industry is divided into homeland security, commercial use, industrial use, residential use, and several others. It is predicted that the segment of residential use is dominating the industry owing the growing criminal attacks and in-house, as well as external unethical practices.

In terms of region, the Global Intrusion Alarm System Market is sectored into North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, and South America. Whereas, it is predicted that the North America region, dominates the industry growth owing growing trends towards home and office alarming system automation raise the requirement for the intrusion alarm system. Whereas, it is anticipated that the Europe held the significant share owing the increasing disposable income and increasing adoption of new technology in both commercial and industrial segment. The Asia Pacific region also control the foremost share in Global Intrusion Alarm System Industry owing to the effective augment in investment in infrastructure and development of data center by the prominent IT companies.

The organized corporates in the Global Intrusion Alarm System Industry are significantly opting the strategies of joint venture, new product development, merger and acquisition, amalgamation and partnership for ruling around the globe, obtaining the competitive edge and generating the high percentage of revenue. Therefore, in the near years, it is predicted that the industry of Global Intrusion Alarm System will increase around the globe more effective over the incoming years.

For More Information, refer to below link:-

Global Intrusion Alarm System Industry Forecast

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Global Marine Annunciator Panels Industry Research Report 2021 Segmented by Major Market Players, Types, Applications and Countries Forecast to 2027

Contact Us:-

Ken Research

Ankur Gupta, Head Marketing & Communications

Ankur@kenresearch.com

+91-9015378249

Growth in Logistics Business Expected to Drive Global Humidity Data Loggers Market: Ken Research

Humidity data loggers are specific instruments, which are used to record the humidity for predefined time. They are mainly used in the shipping & logistics industry. Loggers are basically equipped with internal memory data storage, microprocessors, and sensors to read the humidity & temperature of the environment. Manufactures provide data loggers with light & wind sensors to measure the wind speed & direction. These help in maintaining the record of light intensity, which is significant during the transportation of products. In order to record the humidity & temperature inside containers, shipping & transporting companies use manageable humidity data loggers. Data loggers provide humidity level reading, which is very useful to maintain the quality of products. Manufactures are also providing manageable humidity data loggers which work in the critical environmental conditions. Humidity data loggers are also used in indoor farms, warehouses, and libraries. They enable companies to maintain the combination of different ambient data necessary for processing of product transportation.

As per analysis, Global Humidity Data Loggers Market Status (2015-2019) and Forecast (2020-2024) by Region, Product Type & End-Use the key companies operating in the global humidity data loggers market include Ebro Electronic, Lascar Electronics, Gemini Data Loggers, Onset, MadgeTech, Testo, KIMO, SIGNATROL, Dickson, Rotronic, Elpro-Buchs, Temprecord International, Delta OHM, Digitron Italia, Tmi Orion, In-Situ, Nietzsche Enterprise and among others. To improve their market position in the global humidity data loggers market, leading players are now focusing on adopting a variety of strategies like recent developments, product innovation, joint venture, mergers & acquisitions, collaborations, and partnership.

Based on type, humidity data loggers market is segmented as web-based data logger, BLE data logger, wireless data logger and stand-alone data logger. Wireless sensors & web-based loggers are used by players to maintain the humidity levels in big shipment and for valuable products. In addition, based on application, market is segmented as electronic industry, medical industry, agricultural industry and food industry.

The humidity data loggers market is driven by growth in logistics business, followed by rise in demand for temperature control packaging for shipping and growth in business of cold chain logistics. Apart from this, advanced humidity data loggers & monitors are costly that restrains the demand for the product, affecting the growth of market. Moreover, rise in demand of perishable products that require strict-temperature during shipment has created leading opportunities for manufacturers to organize the advanced data loggers and boost their market share in the logistics sector. Furthermore, rise in use of latest technologies such as RFID temperature data loggers is a key trend for global market.

By regional analysis, the North-America is a leading region in global humidity data loggers market owing to presence of key players coupled with rise in investment in humidity data bloggers market across the region. The Asia-Pacific and Europe regions are estimated to witness higher CAGR due to growth in shipping & logistic business over the forecast period. It is predicted that future of the global humidity data loggers market will be bright as a result of growth in logistics sector during the forecast period.

For More Information, refer to below link:-

Global Humidity Data Loggers Market

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

Global Toiletries Market Research Report

 The toiletries manufacturing market entails of the sales of toiletries by several entities (organizations, sole traders or partnerships) that formulate, blend, compound, and package toilet preparations, such as perfumes, shaving preparations, hair preparations, face creams, lotions (comprising sunscreens), and several other petroleum based cosmetic preparations.

According to the report analysis, ‘Toiletries Global Market Report 2020-30: Covid 19 Impact and Recovery’ states that Reckitt Benckiser Group; Unilever; Henkel AG & Co; Beiersdorf AG and many more are the key corporates which recently functioning in toiletries global market for leading the highest market growth and registering the great value of market share around the globe during the coming years while delivering the better consumer satisfaction employing the young and active personnel, decreasing the linked prices of such, establishing the several research and development programs, analysing the strategies and policies of the government as well as corporates, implementing the policies of government as well as corporates, improving the qualitative and quantitative strategies of such, spreading the awareness connected to the applications of such and increasing the applications and specification along the benefits of such.


Vendors are announcing innovative products in terms of functionality such as organic toiletries, fresh ingredients, packaging, and fragrances. Customer awareness and product knowledge about the several toilet care products have led to the introduction of great performance and quality products. The growing rate of urbanization and transformation in lifestyle, awareness to keep the surroundings bacteria-free, and increasing disposable income, boosted by developing the sanitation standards are likely to positively impact the growth of the market during the years to come, particularly in the underdeveloped countries. In price-sensitive markets such as some emerging economies around the Asia-Pacific and Latin America, the informal availability of inexpensive substitutes as compared to branded products is one of the foremost challenges to the growth of the toiletries market.

Not only has this, the growing importance of healthier lifestyle with growing concerns among individuals about health and hygienic living, free of germs, bacteria, dust, and dirt has led to augment in per capita spending on toiletries. Increasing requirement for convenience and easy-to-use use/apply toilet cleaning products has underwritten to the evolution of fresh toilet care products. From the past few years, the fragrance is playing a vital role in toilet cleaning products as consumers are progressively looking for products that offer robust pleasant odour, which, in turn, makes vendors to discriminate their products.

Although, the organized corporates in Toiletries Global Market are effectively accepting the strategies of enlargements such as joint venture, new product development, partnership, amalgamation, merger and acquisition and many more for generating the high percentage of revenue, ruling around the globe and obtaining the competitive edge. Therefore, in the near years, it is predicted that the market of toiletries will increase around the globe more effectively over the forthcoming years along the significant increasing in demand for products with halal certified ingredients.

For More Information, Click on the Link Below:-

Global Toiletries Market

Related Reports:-

Global Toiletries Market Status and Future Forecast 2015-2025

Global Toiletries Market Status (2015-2019) and Forecast (2020-2024) by Region, Product Type & End-Use

Contact Us:-

Ken Research

Ankur Gupta, Head Marketing & Communications

Ankur@kenresearch.com

+91-9015378249

Thursday, July 15, 2021

Global Seafood Market Research Report: Ken Research

 Asia Pacific was the largest region in the global seafood market, accounting for 39% of the market in 2019. Western Europe was the second largest region accounting for 38% of the global seafood market. Africa was the smallest region in the Global Seafood Market.

Fish processing establishments are using high pressure processing (HPP) technology to improve operational efficiency. HPP is a non-thermal technology in which the fish is submerged in a liquid placed in a pressure vessel and uses pressures of about 6000 times the average air pressure at sea level to pasteurize fish meat. High pressure processing replaces the need for heating fish produce and chemicals are used for fish preservation. It increases yield by 20-50% and saves processing time and costs. HPP effectively kills microbes and extends the shelf life of the processed fish by 2 to 4 times, without adversely affecting its freshness, flavor, color, texture and nutritional value. HPP technologies developed by Avure Technologies and Food Science Australia are being widely used in fish processing. The Seafood Company, a Singapore-based company, is using HPP technology for seafood processing.


The seafood market consists of sales of seafood by entities (organizations, sole traders and partnerships) that can seafood, smoke, salt and dry seafood, eviscerate fresh fish, shuck and pack fresh shellfish, process marine fats and oils and/or freeze seafood. Establishments known as floating factory ships that gather and process seafood into canned seafood products are also included in this industry. The companies in the industry package and distribute their products through various distribution channels to both individual customers and commercial establishments.

The global seafood market is expected to grow from USD 237.9 billion in 2019 to USD 248.3 billion in 2020 at a compound annual growth rate (CAGR) of 4.4%. The low growth is mainly due to economic slowdown across countries owing to the COVID-19 outbreak and the measures to contain it. The market is then expected to recover and grow at a CAGR of 9% from 2021 and reach USD 320 billion in 2023.

For More Information, Click on the Link Below:-

Global Seafood Market

Related Report:-

Fish & Seafood Global Industry Almanac 2013-2022

Global Fresh Fish and Seafood Market Status and Future Forecast 2015-2025

Contact Us:-

Ken Research

Ankur Gupta, Head Marketing & Communications

Ankur@kenresearch.com

+91-9015378249

Growth in Trends of KSA Automotive Market Outlook: Ken Research

 The automotive industry entails a broad variety of corporates and organization comprised in the design, improvements, manufacturing, marketing and selling of the motor vehicles. It is one of the world’s largest industries by revenue. The country’s automotive segment is powered by the increasing populace, growing disposable income, and comfort of availability of the credit and financing.

According to the report analysis, ‘KSA Automotive Industry Outlook to 2025 – Focus on Technology Adoption & Trends for Dealers, Distributors, Spare Parts Suppliers, Fleet and Leasing Companies and Car service providers’ states that’s KSA automotive is presently dominated by local retail & distributing partners, simplifying growth of international OEMs & other brands amidst a shortfall of domestic manufacturers with good superiority products. The requirement for automotive vehicles & spare parts is majorly fulfilled via imports from regions like USA, Japan, China, Korea, India & other gulf regions. The ecosystem is made up of immense trading organizations who harness their retail & distribution networks around KSA to contend in the market for Tier 1 & 2 cities, while mainstream of rural locations & tier 3 cities still rely on unorganized market for local requirement. KSA communicates a lot with surrounding gulf regions in terms of imports & re-exports & is looking forward to improve domestic manufacturing & exporting competences for South Africa & other African & gulf nations with stronger tax & driving policies, improvement of industrial hubs, well-organized bilateral relationships & allies, technological competence & its augmentation.


The covid impact on automotive industry of KSA has seen deduction in the foot fall across several showrooms of brands, which utilized to be the foremost mode of sales, pre covid. We see a shift towards e-commerce around the KSA automotive industry with greater online penetration levels around various segments, but not a foremost move from physical to online sales. Various fresh vehicle maintenance models are also observed with varying ownership duration amidst job loss & closing of several offices. Share mobility market also observed a decline as individuals move towards hygienic ways impacting dissimilar market segments. Corrective measures taken by several entities & government itself to sustain business &are delivering incentive to move towards ground-breaking business models in several industry segments.

The technology trends & developments also observe a foremost shift towards radical ERP & CRM systems being used in the market, majorly by organized sector. Entities functioning in the automotive industry of KSA are able to understand the utilization & optimization abilities of streamlined & proficient operating systems & endure to usage dissimilar softwares & solutions in addition with customized modules to enhance their operations & consumer relationship management efforts. The integration is majorly done via international & local technology partners who contend on integration, cost efficiency duration of the project & more factors, & deliver either single software utilization or in some cases, a mix of several vertical & standalone ERP solutions.

Certain new developments such as women driving laws, employment emphasis on Saudi nationals & several other investment schemes connected to digitization is further supporting the market to increase across KSA. Therefore, in the near years, it is predicted that the KSA automotive market will increase around the region more effectively over the coming years.

Key Segments Covered:

KSA Imports & Sales Industry (Distributors & Dealerships)

Import & Export Analysis

Competition Analysis of Major OEM Brands

Future Trends & Developments & Growth Factors

KSA Automotive Aftermarket Spare Parts & Service Industry

Spare parts Industry

Aftermarket Service Industry

Competition Analysis of Major Players via Cross Comparisons & Heat Maps

KSA Automotive Leasing & Rental Industry

KSA Rental Industry (Market Size, Competition & Segmentation)

KSA Leasing Industry (Market Size, Competition & Segmentation)

Impact of Covid-19 on KSA Automotive Industry

Impact of Covid 19 on KSA Automotive Industry

Mobility Industry looks forward to Utilize Digital Platforms

Post Covid KSA Automotive Industry Outlook

Technology Adoption & Usage Trends in KSA Automotive Industry

Overview of Industry

KSA Automotive Technology Trends, Adoption & Recommendations

Key Target Audience

KSA Car Dealerships

KSA Automotive Industry

KSA Automotive Workshops

KSA Spare Parts Retailers

KSA Automotive Logistic Service Providers

KSA Car Rental Players

KSA Car Leasing Players

KSA ERP Service Providers

KSA Technology Consultants

KSA Foreign Relation Ministry

KSA Customs Department

KSA Ports Authority

KSA Automotive Industry

KSA Imports & Export Authority

KSA Hardware Technology Manufacturers

KSA Software Technology Manufacturers

KSA Cloud Storage Providing Enterprises

KSA Public Institutions

Time Period Captured in the Report:

Historical Period: 2014-2019

Forecast Period: 2019-2025

Companies Mentioned:

Importers/Car Dealership

Abdul Latif Jameel Motors

Almajdouie Automotive

Wallan Trading Co.

Mohamed Yousuf Naghi Motors

Haji Husain Alireza & Co.

(Mazda, MAN, Aston Martin)

Nissan Petromin

Manahil International

Aljomaih Automotive Company

Universal Motors Agencies

Kia Al Jabr

Al Yemni Motors

Alissa Universal Motors Co.

Bakhashab Brothers Co.

Alesayi Motor Company

Al Jazirah Vehicles Agency

Juffali Automotive Company

Spare Part Retailers/Wholesalers

Balubaid

Barik International

Babatin Auto Parts

Speero

Juffali Auto Parts Company (JAPCO)

Samaco

M S Almeshri & Bros Co.

AL-OLIAH Auto Spare Parts

Delmon Group of Companies

SNAM

Ubuy

Munif Al Nahdi Group (Mize)

Odiggo

Accidom

Bawazeer Auto Parts

Bin sahib

AHQ Parts

Danya Auto Parts

Rezayat Automotive  

Saudi Parts Center Company (Al Khorayef Group)

Aftermarket Service Providers

Branded Workshops

AutoFix

SAC Motor

Castrol

BEC (Best Engine Centre)

Sheikh Center (SKBMW)

Abu Jihad Car Maintenance Center

Ac Delco Service Centres

Tyre Plus

3M Authorized Centre

Mize

AdinLub

Car Spa

Car Hub

Ezhalha

Petromin Express

Auto Hub

Exxon Mobil

Autoworld

Castrol Branded Workshops

Shell Fastlube

Fuchs One

NAFT

Ziebart

Grease Monkey

Quick Car Service

Morni

Agency Repair

Samaco

United Motors Express Service Lane

Al Jazeera

Renault

Kia Motors

Fast Auto Technic

Mohammed Yousaf Naghi Motors

Porsche

Land Rover

Quick lane

Nissan Petromin

Haji Husain Alireza & Co.

Universal Motors Agencies

Aljomaih Automotive Company Ltd.

Alesayi Motors

Al Yemni Motors

Alissa Universal Motors Co.

Bakhashab Brothers Co

Al Juffali & Brothers Automotive Ltd.

Wallan Hyundai

Un-Organized/ Independent Players

Middle East Auto Services

Carzzone

German Centre

Cartech

Alod Haib

Al-Aruba Sinnaiyah

Saudi Chinese Vehicle Repair

Al Shamel Car Maintenance Center

Al Nafie Car Maintenance Workshop

Alsajow Center for Car Maintenance

Red Car

Saudi Egyptian Center for Car Maintenance

SRT 8

Al Bayan Car Maintenance

Mujahid Garage

1 Check Car Services (One Examination Workshop)

Saudi radiators

Global Auto Maintenance

Mohammed Al- Tkhais Abu Rakan

Anwar Al Mamlaka Center

Quick Cars Service

Best Corner Car Maintenance

American Diamond Specialist Center

Cars electricity and air conditioning

Badr Sentop workshop BST

Grace Monkey (International Company)

Super Service Auto Center

XEOEX

German Centre

AutoGard

Rental & Leasing Industry

Rental Players

Budget rent a car

Theeb rent a car

Al Wefaq rent a car

Autoworld rent a car

Key rent a car

Avis rent a car

Hanco rent a car

Samara rent a car

Hertz rent a car

Autorent a car

Leasing Players

Ford Aljazirah

Budget Rent a Car

Universal Motors

Al Jomaih

Best rent a car

Al Tayyar rent a car

Enterprise rent a car

Hanco rent a car

Theeb rent a car

Shary rent a car

ERP & CRM Providing Technical Consultants

Britehouse

Techedge

Saudi Business Machine

Tyconz

Accenture

Tata Consultancy Services

Tech Mahindra

HCL

Unitrans

NTT Data

Deloitte

CDK Connect

Seidor

Wipro

Key Topics Covered in the Report:

Saudi Arabia Automotive Industry Overview

Saudi Arabia Imports & Sales Industry (Distributors & Dealerships)

Automotive Imports & Sales Industry Ecosystem, KSA

Value Chain Analysis of KSA Automotive Imports & Sales

Annual Automotive Imports Traffic for Major KSA Ports

Analysis of Imported Goods & Major Countries Importing in KSA

Value & Volume of Vehicles Imported, KSA

Segmentation of Imports on the basis of Vehicle Type, KSA

Automotive Vehicle Manufacturing Clusters Analysis, KSA

New Motor Vehicle Sales, KSA

Market Segmentation of Automotive Sales on the basis of Region, KSA

Demographics of KSA Citizens Supporting Automotive Industry, (2019)

Segmentation of Vehicle Sales on the basis of Brands & Vehicle Type, KSA

Market share of International OEMs in New Vehicle Sales, KSA (2019)

Competition Analysis of Automotive Imports & Sales Industry, KSA (2019)

Profiles of Major Dealerships & Distributors

Business Model & Revenue Stream of Importers/Distributors/Dealerships

Trends & Developments in Automotive Vehicle Industry

Future of Imports & Sales

KSA Automotive Aftermarket Spare Parts & Service Industry

KSA Aftermarket Industry Ecosystem

Aftermarket Spare Parts Industry

KSA Aftermarket Service Industry

Future Trends of Aftermarket Spare Parts & Service Industry

KSA Automotive Leasing & Rental Industry

Macroeconomic Overview of the Rental & Leasing Industry

KSA Automotive Leasing (Long Term) Industry

KSA Rental Industry

Future of Leasing & Rental Industry

Impact of Covid-19 on KSA Automotive Industry

Impact of Covid 19 on KSA Automotive Industry

Mobility Industry looks forward to Utilize Digital Platforms

Post Covid KSA Automotive Industry Outlook

Technology Adoption & Usage Trends in KSA Automotive Industry

Overview of Industry

KSA Automotive Technology Trends, Adoption & Recommendations

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

KSA Automotive Industry

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Contact Us:

Ken Research

Ankur Gupta, Head Marketing & Communications

Ankur@kenresearch.com

+91-9015378249

Global Small Commercial Vehicles Market, Global Small Commercial Vehicles Industry: Ken Research

SCV or Small commercial vehicle is broadly used for short intra-city & inter-city delivery of goods/products. It is generally preferred by small businesses to transport the bulky loads & heavy cargos. It is either three-wheeled or four-wheeled that depend on the weight of the goods. Most vehicles are integrated with modern engine technology that makes them travel rough lands easily as smooth streets. Globalization & rising penetration of e-commerce that results in improved trade and delivery of goods. Moreover, rise in demand for small commercial vehicles from the developing economies is also propelling the growth of market.

As per analysis, Global Small Commercial Vehicles Market Status (2015-2019) and Forecast (2020-2024) by Region, Product Type & End-Use the renowned key companies operating in the global small commercial vehicles market are Hyundai Motor, Renault, Great Wall Motor, Nissan Motor, Toyota Motor, Volkswagen, Tata Motors, Ford Motor, Piaggio & C SpA, Dongfeng Motor, Anhui Jianghuai Automobile, Mazda Motor, Great Wall Motor, Chongqing Changan Automobile, Isuzu Motors, Atul Auto, Shenyang Brilliance Jinbei Automobile, Bajaj Auto, General Motor, Shaanxi Automobile Group and among others. Most of these players are putting a strong emphasis on offering advanced products based on the novel technologies as part of the efforts to improve their respective product offerings in the market. The players are also pursuing strategic initiatives including regional expansion as well as strategic acquisitions, partnerships, mergers, and collaborations to fortify their position in the market. Based on type, small commercial vehicles market is segmented as light trucks, light buses, vans, pickups and others. Vans and pickup holds major share in global market as they have more space for seating. In addition, based on application, market is segmented as passenger transport, freight transport and others. The passenger transport segment is likely to witness higher growth rate as a result of rise in expenditure on commutation to improve the accessibility & affordability during the forecast period.

Rise in penetration of e-commerce, followed by increase in penetration of electric commercial vehicles, advent of vehicle electrification & battery-powered engines, favorable policies by governments and advancements in the development of electric & semi-autonomous commercial vehicles are some major factors, which are responsible for growth of the small commercial vehicles market. Apart from this, issues of electric vehicles in transport activities are major hindering factor for market. Moreover, rise in demand for small commercial vehicles from the developing economies is a leading opportunity for market.

By regional analysis, the North America, followed by Asia Pacific, dominates the global small commercial vehicle market owing to increase in financing options, rise in investment in road infrastructure projects and growth in focus of government towards automotive industry across the region. The Europe region is anticipated to exhibit substantial growth rate due to increase in online shopping over the forecast period. It is predicted that future of the global small commercial vehicles market will be optimistic as a result of continued infrastructure development during the forecast period.

For More Information, refer to below link:-

Global Small Commercial Vehicles Market

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