Monday, July 4, 2022

UAE Automotive Aftermarket Service Market Key Players, Future Outlook, Size, Share, Growth, Trends and Forecast 2021–2026: Ken Research

The report titled UAE Automotive Aftermarket Service Industry Outlook to 2026: Driven by increasing number of start-ups and consumers’ shifting preference towards online and organized sector provides a comprehensive analysis on the status of aftermarket service industry in UAE. The report covers various aspects including automotive aftermarket service industry market size on the basis of revenue and number of vehicles serviced, value chain analysis, ecosystem of major entities in aftermarket service industry in UAE, trends & developments, issues & challenges faced by the industry, government regulations, SWOT Analysis, Porter 5 forces analysis, key decision making parameters of OEM and multi brand vehicle servicing companies, pain points in OEM and multi brand aftersales workshops, opportunities in OEM and multi brand aftermarket industry, market size of spare parts aftermarket industry in UAE, ecosystem by different type of spare parts &  consumables market, competition in OEM and multi brand aftermarket service industry, pricing packages of OEM and multi brand automotive service companies and other aspects. Further, the report focuses on the UAE Four Wheeler Aftermarket Service Industry Segmentation by Type of Workshop (OEM/Authorized, Large Multi Brand, and Small/Unorganized Workshops); by Type of Vehicle Serviced (Sedans, SUVs, Hatchbacks, MPVs and Crossover); by Age of Car (0-2 Years, 2-4 Years, 4-6 Years, 6-8 Years, 8-13 Years and Above 13 Years); by Region (Dubai, Abu Dhabi, Sharjah, and other Emirates); by Booking Mode (Online, and offline); By Car Brand (Toyota, Nissan & Renault, Mitsubishi, Hyundai, BMW, General Motors, Ford, Fiat, and Others); and by Service Split (Non-Crash Repair, Crash Repair, and Body Care).

UAE Four Wheeler Aftermarket Service Industry report concludes with projections for the future of the industry including forecasted revenue and number of vehicle serviced by 2026, and analysts’ take on the future highlighting the major opportunities.

UAE Four Wheeler Aftermarket Service Market Overview:

The Four Wheeler Aftermarket service industry in UAE recorded a CAGR of 2.5% on the basis of revenue in between 2016 and 2021. The Industry is currently in a Stagnant Growth phase, where neither much growth nor a decline has happened.

The market growth can be attributed to the rapidly expanding automobile industry and enhanced focus of the automobile drivers on boosting their vehicle performance and efficiency in terms of exhaust sound, speed, and appearance parameters. Rising consumer awareness regarding repair and proper maintenance of vehicles and growing need for long-distance vehicles are fuelling the market growth. 

The rapid adoption of online platforms by the market players and the use of advanced software and technologies create lucrative growth opportunities for the UAE automotive aftermarket. Due to the stable fuel prices and high disposable income, there is high demand for private vehicles among consumers. Consumers are moving towards increased convenience and comfort and are availing of the aftermarket services through the online sales platform.

Due to the economic pressures, it is expected that consumers are postponing their new car purchases for the next few years which would increase the average age of a vehicle, this would result as a positive gain for the aftermarket service industry.

Drivers and Impediments to growth:

The Expo took place from Oct 1, 2021–March 31, 2022. It accelerated the UAE’s recovery in H2 with an additional boost for travel and tourism. Visitor activities increased the demand for transportation, which indirectly created more demand for the aftermarket. There resulted an increase in the usage of taxi and cabs also.

There has been a shift towards usage of private transportation which can be seen from increased vehicle usage in 2020/21. People in UAE are keen to own their personal vehicles.

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UAE Spare Parts Aftermarket Industry

UAE’s spare parts aftermarket industry has expanded at a YoY growth of 2% in between 2020 and 2021.  Ideal location, increasing domestic demand for high-end cars and a robust logistics sector have turned the emirate into a major exporter and re-exporter of vehicles. Surging vehicle parc in UAE resulted in increased demand of parts and components, thus acting as a major catalyst for the growth of spare parts industry. The market for automobile spare parts has been an attractive sector for UAE-based enterprises, who have emerged as the leading supplier of these goods to many countries. Major spare parts suppliers in UAE include Denso, Battmobile, Delphi Technologies, AutoPlus, Gliptone, among others.

Competitive Landscape in UAE Four Wheeler Aftermarket Service Industry

The competition structure in UAE four wheeler aftermarket service industry is fragmented in nature with no single player accounting for majority of the market share. There is High Competitive Rivalry as there are a lot of players in the market currently.

The competition in aftermarket industry is segregated between OEM/Authorized, and Multi Brand workshops. Both of these workshops compete on the basis of services offered, number of cars serviced, quality of service, sourcing of spare parts, and booking mode. Customer satisfaction level is high for Organized Multi-brand and highest for OEMs. Also, OEMs generally use a lot of technological platforms for their services while Organized Multi-brand uses some technology platforms.

Players like AG Cars, Royal Swiss Auto Services, Gargashauto, Wheel fix, Alsa automotive, etc are providing car care services in UAE. Also there are more players coming in the market, especially the Chinese like Carcility, Mysyara.

UAE Four Wheeler Aftermarket Service Market Future Outlook and Projections

The market size on the basis of revenue is expected to grow at a CAGR of 2.8% between 2021 and 2026. Increased vehicle production and sales and the growing used car market are playing a significant role in the growth of the UAE automotive aftermarket. Also, the rapid adoption of online platforms by the market players is anticipated to create lucrative growth opportunities for the UAE automotive aftermarket. The growing number of retailers providing automotive aftermarket services to meet the increasing consumer requirements is expected to accelerate the market demand in the next five years. It is expected that the increased penetration of electric vehicles and used car market will act as a catalyst for the UAE Aftermarket Industry.

Key Segments Covered in UAE Four Wheeler Aftermarket Service Industry

  • UAE Four Wheeler Aftermarket size by
  • Revenue
  • Number of Vehicles Serviced
  • Market Segmentation By Type of Workshop
  • OEM/Authorized
  • Large Multi Brand
  • Small/Unorganized
  • Market Segmentation By Type of Vehicle Serviced
  • Sedan
  • SUV
  • Hatchback
  • MPVs
  • Crossover
  • Market Segmentation By Age of Car
  • 0-2 Years
  • 2-4 Years
  • 4-6 Years
  • 6-8 Years
  • 8-13 Years
  • Above 13 Years
  • Market Segmentation By Region
  • Dubai
  • Abu Dhabi
  • Sharjah
  • Other Emirates
  • Market Segmentation By Car Brand
  • Toyota
  • Nissan & Renault
  • Mitsubishi
  • Hyundai
  • BMW
  • General Motors
  • Market Segmentation By Service Split
  • Non-Crash Repair
  • Crash Repair
  • Body Care

UAE Spare Parts Aftermarket Segmentation

  • By Expenditure Category
  • Spare Parts
  • Consumables
  • By Type of Spare Parts
  • Engine components
  • Electricals and Electronic Components
  • Suspension and Braking
  • Consumables and Miscellaneous
  • Cooling Systems
  • By Type of consumables
  • Battery
  • Oil, fluid & filter
  • Tires
  • Others

Key Target Audience

  • Automotive Companies
  • OEM Vehicle Service Companies
  • Multi Brand Vehicle Service Companies
  • Automotive Spare Parts Companies
  • Government Bodies
  • Automotive Associations

Time Period Captured in the Report:

  • Historical Period: 2016-2021
  • Forecast Period: 2021-2026

Automotive Aftermarket Service Companies in UAE:

  • OEM/Authorized Vehicle Service Companies
  • Toyota
  • Nissan & Renault
  • Mitsubishi
  • Hyundai
  • BMW
  • General Motors
  • Ford
  • Fiat
  • Spare Part Suppliers
  • 3M
  • Delphi Technologies
  • DENSO Corporation
  • Magneti Marelli S.P.A            
  • ZF Services Middle East
  • Battmobile (Battery)
  • AutoPlus
  • Avatizone
  • Gliptone                        

Key Topics Covered in the Report

  • UAE Four Wheeler Aftermarket Service Market Future Outlook
  • UAE Four Wheeler Aftermarket Service Industry Overview
  • Comparison of UAE Automotive Industry with other Countries
  • Market Size on the basis of Revenue and Number of Vehicles Serviced, 2016-2021
  • Vehicle Parc in UAE, 2016-2021
  • UAE Four Wheeler Aftermarket Service Industry Segmentation, 2021
  • Competitive Landscape of UAE Four Wheeler Aftermarket Service Industry
  • Pricing Packages of Major Multi Brand Automotive Service Companies
  • Trends in UAE Four Wheeler Aftermarket Service Industry
  • Issues and Challenges in UAE Four Wheeler Aftermarket Service Industry
  • SWOT Analysis of UAE Four Wheeler Aftermarket Services Industry
  • Government Regulations in the UAE Four Wheeler Aftermarket Services Industry
  • Comparing Car Servicing Decision Parameters in UAE
  • Analysis of Multi-Brand and OEM Workshops in UAE
  • Spare Parts Landscape in UAE
  • Operating Model of Spare parts in UAE
  • Market Size of Spare Parts Aftermarket Industry and Classification by Different Type of Spare Parts
  • Ecosystem by Different Type of Spare Parts and Consumables Market in UAE
  • Future Outlook and Projections of the UAE Four Wheeler Aftermarket and Spare Parts Industry, 2021-2026E
  • Future Market Size of UAE Four Wheeler Aftermarket Service Industry on the basis of Number of Vehicles Serviced, 2021-2026E
  • Future Market Size of UAE Four Wheeler Aftermarket Service Industry on the basis of Revenue, 2021-2026E

Related Reports

Indonesia Automotive Aftermarket Service Market Outlook to 2026: Influx of new players and car variants from abroad are contributing to the growth of automotive aftermarket service industry in Indonesia

Malaysia Automotive Aftermarket Service Market Outlook to 2025: Surging Used Car Sales contributing to the Growth of Automotive Aftermarket Service Industry in Malaysia

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Ankur Gupta, Head Marketing & Communications

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Customer Satisfaction Research Firm |Customer Satisfaction Survey Companies: Ken Research

 Customer satisfaction is well-defined as the measurement your company takes to determine how pleased your customers are with the products, services, and experiences acknowledged from your brand. Marketers utilize the customer satisfaction surveys to evaluate if the company has met customers’ prospects.

How would you know what makes customers unfortunate if you don’t measure customer satisfaction frequently, covering all critical moments of your communication? Let’s look beyond the customer satisfaction definition and get a taste of the finest practices and distinctions you should pay attention to.



Measuring customer satisfaction should be an ongoing procedure as your customers’ satisfaction levels can diverge significantly from one experience to another, and from one journey stage to another. For example, if a newly developed customer is thrilled with their first buy experience, it doesn’t mean they can’t be let down by the succeeding experience if your customer loyalty program isn’t as satisfying as a repeat, loyal client deserves.

One of the most imperative reasons to conduct customer satisfaction surveys is to get honest feedback from the customers. There are a number of times when the customer is contented with the services that you deliver but may have a proposition or a complaint concerning something. Getting to know this is imperative so that you can propose a solution to these issues. 

There are customer satisfaction survey companies that may propose the compensation to the customer who has delivered the feedback through sweet gestures such as an extra discount or a gift. Also, the company functions to see that other customers during the future do not face such untimeliness ahead. 

In addition, presently, every customer satisfaction research firm is going the extra mile to offer the finest experience to the customers. In this case, it is imperative to see that your customers do not choose someone else over you. Hence, you should make sure to get customer experience surveys conducted at unvarying intervals to see the areas where you require to work upon. Everything is getting modernized soon; hence customers are also smart enough to know what is finest for them. 

Social media today has proposed a free platform to every client to post against a company. This commonly happens when a customer is very much happy or is very disenchanted. Whenever a bad post comes up, it is essentially not good for the reputation of the company. Mostly, clients put up such posts only when they are not able to express their feelings appropriately to the brand. Hence, conducting surveys can assist the customer to speak out about the bad experience so that you can propose a solution. This assists in turning an unhappy customer to a satisfied one and also assistances in keeping your status intact. 

Customer feedback is an understanding into what is functioning well about your product or service and what should be done to make the experience healthier. You might have the finest expertise in the industry in which your company functions, but your professional acquaintance will never be more respected to business performance than customer understandings. Their opinions assist you ensure that the end product will actually encounter their expectations, solve their problems and fulfill their requirements.

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Survey of Customer Satisfaction Research Firm Allow the Participant to Write Out Their Feedback Freely

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Friday, July 1, 2022

Best Employee Satisfaction Survey Questions Improve Trust and Transparency: Ken Research

 An employee satisfaction survey is a commanding set of questions that Human Resource Managers utilize to understand the level of fulfilment of employees. This survey delivers the management with a direction and know-how of how gratified are its employees in the workplace and what are the credible measures they would require to take if the responses to the survey are not quite confident.

All captivating companies understand that a workplace is a living organism in which a “pulse” of its own. This “pulse”, is made out of the mood, self-esteem, and motivation of all your employees. And the best manner to measure, analyse, and gain insight into this health of your organization is through the employee satisfaction survey questions.



Benefits of best employee satisfaction survey questions

  • Retain Employees: retaining employees is hard, and what is harder is finding fresh employees in the place of employees who have left. Industries spend more money on hiring new employees then retaining employees. Asking the best employee satisfaction survey questions in your survey can assist you recognise employees that may be an attrition peril and retain them.
  • Understand and enhance the levels of productivity: Employees that are not satisfied with their job role have very low productive levels. Utilizing the accurate employee’s satisfaction survey questions, you can recognise if an employee is satisfied levels. This will assist in enhancing satisfaction and also the levels of productivity for that employee.
  • Needs to understand training: Organization need to have learning and training programs for their employees. Employees require to reskill and upskill in present’s day and age uninterruptedly. Shortage of internal training and advancement programs can lead to dissatisfaction amongst employees. Utilize your surveys to find out if that is the cause and take the necessary measures. Confirming adequate training assistances employee step into greater-level roles with the better preparation.

What you can achieve with employee benefits surveys?

Employee benefits surveys are advantageous for saving money and keeping your employees pleased. First, start by finding out if your employees like their present benefits. Whether your company proposes just health benefits or everything from supple spending accounts to gym membership reimbursements, it’s imperative to know which benefits employees enjoy, which they don’t utilize, which they want and which they want to see enhancements made to. Utilizing our unique tools such as question branching, you can glean in-depth insight into precise aspects of each employee benefit. An employee benefits survey will tell you everything you require to know about how to structure employee benefits.

Once you gather rejoinders to your employee satisfaction survey questions, you can make enhancements to your present benefits. When your employees are happier with their benefits, it helps them feel respected and more interested.

Employee satisfaction surveys propose the immediate insights and pinpoints the right questions, thus enhancing the decision-making concerning the management of individuals.  It also delivers the opportunity to conduct a historical tracking of the evolution of the operating environment to see if these decisions have a positive effect, or on the contrary, require to be changed. 

Read Also –

Customer Satisfaction Survey Questions Allow You to Interact with the Customer

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Ankur Gupta, Head Marketing & Communications

Support@kenresearch.com

+91-9015378249

 

Indian Crypto Exchange Industry Research Report, and Market Size, Share, Growth, by Geographic Region, Type of Transaction, By Type of Cryptocurrency, and Competition Analysis: Ken Research

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Indian Crypto Exchange market was valued at ~XX INR Crore in 2021, expanding at a CAGR of XX% in between FY’17 and FY’22 on the basis of revenue generated with massive expansion in the adoption of cryptocurrencies as the mode of investment due to rising industry valuation, an influx of new investors and the emergence of crypto exchange startups going beyond the typical crypto exchange model.  The primary factors driving the market growth is the emergence of distributed ledger technology, rising traction in the area of digital investments by venture capitals and utilization of virtual currencies with integration of blockchain technology to attain decentralization, controlled, secured and efficient transactions. Cryptocurrency as a cross-border payment medium will make a big difference in the Indian market. Due to great remittance demand, it will drive the prosperity of digital currency growth in India for a long time. Since cross-border transactions traditionally carry high fee using bitcoin or other cryptocurrencies as a cross-border payment medium, Indians can save a large number of remittance fees. Surging adoption of cryptocurrencies post COVID-19 is also contributing in the growth of crypto exchange market by increasing their userbase.

In 2020, crypto exchange industry experienced a temporary downfall owing to the collaboration of confusion created by Indian government regarding the ban of cryptocurrencies by circulation of BCRODC Bill 2019 which made buyers skeptical fueled by Covid-19 in the beginning. Though the ban was lifted in March 2020 by Supreme Court, people were still in state of confusion about the current status of virtual currencies in India and with that spread of Covid-19 led to countrywide lockdown which was imposed in the mid-march, people became petrified to new circumstances and took time to adjust. During the initial stage of lockdown people started saving their assets to sail through the unforeseen condition which led to detachment from the crypto world. When lockdown continued for more than ten months people became accustomed to it and started looking ways for investments by end of 2020. A massive growth is seen in the year 2021 as cryptocurrency became an obvious choice of investment for a lot of users. Since they wanted to make money, and traditional businesses were suffering during covid. Covid that way, has helped the IT sector as well as the digital money aspect. Crypto jumped because of the money that flooded the markets, and the stimulus that was given to the economies due to shutdowns, which also lead to K-Shaped recovery.



Overview Of Indian Crypto Exchange Industry and Market Size

Several crypto exchange startups in India are gaining traction due to the growing appetite for underinvested crypto assets ranging from the most popular Bitcoin and Ethereum to not-so-familiar tokens like dogecoin, ripple, litecoin and more. CoinDCX became the first crypto unicorn in India valued at $1.1 Billion in 2021; it has integration with international exchanges such as Huobi, Binance. WazirX is leading crypto exchanges in India in terms of crypto transactions (24 hrs) and weekly visits. Crypto Exchange Platforms in India compete on the basis of user-friendly interface, easy and quick KYC norms, advertisement, wide range of investment options they offer and low transaction fees. One of the major competition parameters is the privacy protection, high liquidity, funding and service diversification such as wallet options, using virtual currencies as mode of payment for buying goods/services instead of fiat currency provided by the crypto exchange platforms to their users.

The ease of trading and user-friendly interface of Indian crypto exchange platforms which are built in accordance to the requirement of country resident attributes for the highest market share of domestic exchanges in India as compared to the international exchanges. However, in coming years despite the regulatory uncertainty and the speculated ban on cryptos in general, international crypto exchanges are eyeing a piece of the Indian crypto market, either through independent operations or through acquisitions. In essence, the crypto industry has a lot more potential to flourish across the country if its pain points can be resolved fast, paving the path for a robust, decentralized financial ecosystem. With the crypto exchanges and other companies coming together to lobby for clarity and regulation, India may soon witness the introduction of a new asset class and a decentralized innovation structure powered by crypto.

Indian Crypto Exchange Market Segmentation, Fy’22

By Origin of Company:

Domestic Crypto exchange companies accounted for the highest market share of XX% as compared to the international crypto exchange platforms on the basis of revenue generated in the year 2021. Attributed to the ease of trading through domestic platforms as compared to foreign companies where for trading direct monetary fund’s cannot be used.

By Geographic Region:

Southern and western region dominated the Indian crypto exchange market with a combined share of ~XX% on the basis of revenue contribution in 2021. Attributed to the high literacy rate in these regions resulting in aware, educated and tech savvy youth driving the crypto market

By Type of Transaction:

Regular method of transaction for cryptocurrencies accounts for the highest market share of XX% as compared to the peer-to-peer transaction in the year 2021. Regular mode of transaction is more preferred by the traders as they provide anonymity and privacy protection with safe and secure transaction

By Age Group of Users:

Indian who are most likely interested in trading and cryptocurrency market are aged between 20-40 years accounting for highest market share of XX% in 2021. With an easy access to internet, this tech savvy generation has started to take initiatives to have a strong understanding of cryptocurrency market and its benefits.

By Type of Cryptocurrency:

The Bitcoin has maximum dominance in the cryptocurrency market with highest market share of XX % & market capitalization XXXX INR Crore in 2021. Owing to the popularity of bitcoin among users and increased participation from women in bitcoin investments drives the dominance of bitcoin in 2021.

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Competitive Landscape of Indian Crypto Exchange Market, 2021

Indian Crypto Exchange market is concentrated among 12-15 players. Several crypto exchange startups in India are gaining traction due to the growing appetite for underinvested crypto assets ranging from the most popular Bitcoin and Ethereum to not-so-familiar tokens like dogecoin, ripple, litecoin and more. CoinDCX became the first crypto unicorn in India valued at $1.1 Billion in 2021; it has integration with international exchanges such as Huobi, Binance. WazirX is leading crypto exchanges in India in terms of crypto transactions (24 hrs) and weekly visits. Crypto Exchange Platforms in India compete on the basis of user-friendly interface, easy and quick KYC norms, advertisement, wide range of investment options they offer and low transaction fees. One of the major competition parameters is the privacy protection, high liquidity, funding and service diversification such as wallet options, using virtual currencies as mode of payment for buying goods/services instead of fiat currency provided by the crypto exchange platforms to their users.

The ease of trading and user-friendly interface of Indian crypto exchange platforms which are built in accordance to the requirement of country resident attributes for the highest market share of domestic exchanges in India as compared to the international exchanges. However, in coming years despite the regulatory uncertainty and the speculated ban on cryptos in general, international crypto exchanges are eyeing a piece of the Indian crypto market, either through independent operations or through acquisitions. In essence, the crypto industry has a lot more potential to flourish across the country if its pain points can be resolved fast, paving the path for a robust, decentralized financial ecosystem. With the crypto exchanges and other companies coming together to lobby for clarity and regulation, India may soon witness the introduction of a new asset class and a decentralized innovation structure powered by crypto.

For more information on the research report, refer to below link:

Investment Analysis of the Indian Crypto Exchange Market

Related Reports

Global Cryptocurrency Market by Market Capitalization of Major Cryptocurrencies (Bitcoin, Ethereum, Bitcoin Cash, Ripple, Dash, Litecoin, Monero, NEM and Others), by Mining Facilities and by Use of Bitcoin - Outlook to 2022

USA Blockchain Enabled Record Issuing Platform Market - A Technology Disruptor in Record/Certificate Issuing and Managing

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Increase in E-Commerce Penetration coupled with Development of Infrastructure - Dark Stores and Micro Fulfilment Centres across The Archipelago Will drive the Indonesia Online Grocery Market: Ken Research

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    • The online grocery penetration in total grocery market is expected to grow and reach to more than 3.0% by the end of 2026.
    • Post Covid-19 outbreak average basket size of online order has increased, as people spent more time at home Food category accounted for about 15% of overall expenditure allocation followed by healthcare.
    • To enable quicker deliveries service providers might adopt technologies such as drone deliveries, warehouse automation, and voice ordering and ordering/searching by taking a picture in the app.

    Impact of Covid-19:  Companies witnessed a double-digit growth across all essential product categories namely water, fresh fruits, vegetables, health & nutrition, household supplies during the Covid-19 pandemic. Companies experienced a surge in average order size as customers were shopping in bulk. In order to fulfil the increased demand, companies expanded their delivery fleet by partnering with third party delivery companies to manage last-mile logistics. In addition to this, companies are also partnering with delivery fleets of bike ride hailing apps such as GoJek (GoRide) and food delivery companies to ensure door-to-door delivery.

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    Expanding Partnerships: It is anticipated that e-grocery companies would be extending tie ups with suppliers, grocery stores (hypermarkets, supermarket), food delivery companies, e-wallet companies and other fintech firms to leverage their capabilities to fulfil consumer orders. Other future strategies which the companies might adopt are Introducing express delivery, regional expansion, product portfolio diversification, focus on achieving operational efficiency and establishment of dark store and micro-fulfilment centres.

    E-Grocery Market in Indonesia

    Application of AI: Drone Technology, Voice Ordering, Artificial Intelligence & Machine Learning, Warehouse Automation is anticipated to drive the online grocery market in future. AI & Machine learning technologies can be used to provide a personalised shopping experience to the customer. As the industry is in growth stage a strong supply chain accompanied by enhanced demand prediction and consumer behaviour analysis is crucial to ensure sufficient availability of products timely delivery of the fresh produce at minimum wastage.

    According to the report by Ken Research titled Indonesia Online Grocery Market Outlook to 2026 – Driven by Changing Shopping Habits of Consumers and Regional Expansion of Local & International Players in the Archipalego” the online Grocery Delivery Market will increase at a CAGR of 31.1% during outlook period 2021P – 2026F. The market will witness growth owing to introduction of subscription models & innovative strategies adopted by service provides, coupled with increasing demand from the population under the age bracket (25 – 37 years). Moreover, growing working population and rising internet penetration will further comprehend the market growth.

    Key Segments Covered: -

    By Region

    Java

    Sumatra

    Kalimantan

    Lesser Sunda Islands

    Sulawesi

    Other Regions

    By Age Group

    18-24 years

    25-37 years

    38-44 years

    45+ years

    By Product Category

    Food & Beverages

    Household Supplies

    Beauty and Health

    Fresh Food

    Others

    By Gender

    Male

    Gender

    By Mode of Payment

    Online Payment

    Cash on Delivery

    By Mode of Delivery

    In a Specific Time Period (Same Day or Next Day)

    Express Delivery (30 Minutes to 120 Minutes)

    Other (2 – 3 Days or More)

    By Type of Business

    B2C

    B2B

    Companies Covered

    Shopee

    Tokopedia

    Sayurbox

    GoMart

    GrabMart

    TaniHub

    ChilliBeli

    Dropezy

    HappyFresh

    Key Target Audience

    Online Grocery Delivery Companies

    Supermarkets & Hypermarkets

    E-commerce Companies

    Food Delivery Companies

    Investors

    Time Period Captured in the Report:

    Historical Period: 2016 – 2021P

    Forecast Period: 2021P – 2026F

    Key Topics Covered in the Report: -

    Difference between Online & Offline Grocery Shopping. Why Online Grocery is the Way Forward?

    Target Addressable Audience

    Supply Ecosystem and Competition Parameters

    Demand Scenario, Target Customer and Factor Influencing Consumer Behavior

    Technologies Facilitating Online Grocery Industry

    Upcoming Technologies in Online Grocery Industry

    Cross Comparison of Operating Models (Marketplace, Pureplay and Omnichannel)

    Revenue Streams

    Marketing Strategies

    Addressable Gap in the Market and Possible Solutions

    Emerging Business Strategies

    Best Practices in Business

    Covid-19 Impact on Indonesia Online Grocery Market

    Analyst Recommendations

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

    Future of Indonesia Online Grocery Market

    Related Reports by Ken Research: -

    KSA Online Grocery Delivery Market Outlook to 2025- Driven by Changing Shopping Habits of Consumers and Regional Expansion of Local & International Players in the Kingdom

    UAE Online Grocery Delivery Market Outlook to 2025- Driven by Increasing Working Population, Introduction of Express Delivery and Regional Expansion

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    Ankur Gupta, Head Marketing & Communications
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Indonesia Clinical Laboratory Market is expected to grow at a massive CAGR of 12.5% during 2021-2026 providing a lucrative opportunity for investors: Ken Research

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  • Mass Spectrometry & Separation Science Laboratory, Anatomical Pathology Laboratory, Advance Immunology Laboratory are some of the next generation laboratories.
  • Market is expected to consolidate with more players entering the market. Diagnostics players will continue to add complex tests and assessments in a bid to differentiate. Potential consolidation in the industry, would provide tailwinds to the growth.
  • The revenue growth of esoteric tests will be supported by higher margins and increase in number of referrals from public hospitals, laboratories and private hospitals without facilities to perform esoteric tests.

Implementation of JKN: It is expected that the implementation of JKN will increase the demand for laboratory services. This will lead the public hospitals to refer samples to private independent laboratories for clinical testing, resulting in the growth of external referrals for private independent laboratories.

Increase in Investment: Players are expected to increase investment, testing capabilities and adopt several advanced tests and technologies which will be introduced in the global market, particularly specialized tests.

Indonesia Healthcare Market

Geographical Expansion: Further, the major private independent laboratories chains are expected to undergo geographic expansion beyond key cities into underdeveloped areas. This will further lead to increase in market share in the overall Indonesia clinical laboratory market.

Increased Awareness due to COVID-19: The existence of Covid-19 raises public awareness of the health system and quality in Indonesia. Although household spending decreased by -2.23% YoY in 1Q21 (vs 2.83% YoY in 1Q20), the health and education component grew by 0.31% YoY in 1Q21, or one of the two components that saw an increase in 1Q21.

The report titled Indonesia Clinical Laboratory Market Outlook to 2026F- Driven by current shortage, widening customer base and increasing corporate requirements for clinical testing” provides a comprehensive analysis of Clinical Laboratory Market in Indonesia. The report focuses on overall market size in terms of revenue generated by laboratories; Indonesia clinical laboratory market segmentation by Type of Independent Labs, type of payer, type of customers, types of tests, segmentation based on region and private hospitals. The report also covers the overall comparative landscape, trends and growth drivers, issues and challenge and government regulations. The report concludes with future projections and analyst recommendations highlighting the major opportunities and cautions.

Key Segments Covered of Clinical Laboratory: -

By Type of Labs

Independent Labs

Private Hospital Labs

Public Hospital Labs

By Number of Labs

Private Labs

Public Labs

By Type of Private Independent Labs:

Organised

Unorganised

By Type of payor:

Corporates

Out-Of-Pocket

Private Insurance

BPJS Badan Penyelenggara Jaminan Sosial (Social Insurance Administration Organization)

By Type of Customer:

Doctor Referral

Corporates

Walk-Ins

External referrals

Online Referrals

By Type of Tests:

Routine

Esoteric

Non-Laboratory

By Type of routine tests:

CBC

Basic Metabolic Panel

A1C

Others

By Type of Esoteric Tests

Endocrine

Infectious disease

Allergic Disease

Oncology

Others

By Private Hospital Labs

In-House

Third Party

By Region

Greater Jakarta

West Java

East Java, Bali, Nusa

Aceh and North Sumatera

Central Java

Central Sumatera

Sulawesi and Maluku

Kalimantran

Others

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Key Target Audience

Clinical Laboratory companies

Organised Clinical Laboratories

Unorganised Clinical Laboratories

Private Hospitals

Private Equity and Venture Capitalist

Industry Associations

Technology providers

Time Period Captured in the Report:

Historical Period – 2016-2021

Forecast Period – 2021-2026

Companies Covered:

Organised Laboratory Companies:

Prodia

Diagnos

Pathlab

Pramita

Ultra Medica

Kimia Farma

Prima Medika

Cito

Parahita

ABC Labs

Bio Medika

Key Topics Covered in the Report

Overview of Indonesia Clinical Laboratory Market

Ecosystem of Major Entities in Indonesia Clinical Laboratory Market

Business Cycle and Genesis of Indonesia Clinical Laboratory Market

Indonesia Clinical Laboratory Market Size, 2016-2021

Indonesia Clinical Laboratory Market Segmentations

Competition Analysis: Indonesia Clinical Laboratory Companies

SWOT Analysis in Indonesia Clinical Laboratory Market

Growth Drivers and Restraints in Indonesia Clinical Laboratory Market

Technological Advancements in Indonesia Clinical Laboratory Market

Impact of COVID19 in Malaysia Property Classified Market

Key Trends in Indonesia Clinical Laboratory Market

Outlook and Future Projections for Indonesia Clinical Laboratory Market

Recommendations / Success Factors

Research Methodology

Appendix

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

Indonesia Clinical Laboratory Market

Related Reports by Ken Research

Brazil Diagnostic Labs Market Outlook to 2025

Vietnam Clinical Laboratory Market Outlook to 2022

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Indonesia Used Smartphone Market is expected to grow at a CAGR of ~9% in between 2022-2026: Ken Research

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Digital is the Future:

Companies will continue to invest in digital marketing strategies to improve their service visibility and promoting sales. Advertisements on social media platforms such as Instagram, Facebook, LinkedIn and Twitter will enable companies to enhance brand awareness and attract potential customers. Internet penetration is high in Indonesia, almost 73% of the population uses internet.  Customers will continue to get products online due to increasing convenience and accessibility.

Ease of Market Entry:

There are very few online marketplaces/classifieds that deal in used smartphones. A new company entering the market can easily establish itself in the market with a better business model and strategy. Companies have incentives to enter the industry, as it is still at a nascent stage and is expected to grow.

Report on Indonesia Used Phone Market

Increase in prices of raw materials of new smartphones:

Chipmakers are expected to increase manufacturing fees, leading to pricier chipsets and devices that employ them. This means that new smartphones, computers, and other electronics will cost more in the future. This will increase the demand for used smartphones in Indonesia.

Adoption of 5G network:

5G speed is 10 times more than 4G network. Hence, adoption of 5G in used smartphones will enable faster speed, low latency, and ubiquitous coverage. Indonesia’s 5G-capable mobile phones spend more time on AR apps and enhanced media compared to those with 4G phones.

The publication titled “Indonesia Used Smartphone Market Outlook to 2026: Driven by increasing smartphone prices and changing consumer buying behaviorprovides a comprehensive analysis of the used smartphone industry by analyzing historical statistics and corresponding developments in the used smartphone market. The market growth declined during COVID as people were reluctant to step out of their houses and all the offline dealer stores were shut. People increased their purchases for used smartphones through online platforms during that period. Given the fragmented completion structure in the used smartphone industry, analysts have elaborated on competitive landscape of major online platforms and offline players on the basis of business model and operational parameters. The report also covers a snapshot on online platforms and offline players business model, value chain analysis, growth drivers, Porters 5 forces analysis, impact of COVID-19 and factors governing the future outlook of industry. The report also provides comprehensive insight on the market size and segmentation of the industry. The report highlights the pain points of the used smartphone industry along with detailed company profiles of major offline players and online platforms. The report concludes with projections for future industry market size, market segmentations and analyst take on future market scenario.

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Key Segments Covered in Indonesia Used Smartphone Market

By Type of Distribution Channel

Unorganized

Organized

By Type of Marketing Channel

Online Marketplace

Offline Dealers

Classifieds

By Source of Lead Generation

Online

Dealership Walk-ins

By Sourcing Medium

OEM’s

Telephone Operators and Businesses

By Type of Sales

B2C

C2C

By Brand of Smartphones

Apple

Samsung

Xiaomi

Oppo

Others

By Age of Smartphones

0-12 Months

12-24 months

24-36 Months

36+ Months

By Price of Smartphones

< Rp 1Mn

Rp 1Mn-3Mn

Rp 3Mn-6Mn

>Rp 6Mn

By Purchases Across Geographies

Java

Jakatra

Sumatra

Others

By Type of Network

2G

3G

4G

By Battery Capacity

<3000 mAh

3000-5000 mAh

>5000 mAh

By Operating System

iOS

Android

Others

By Screen Size

     4.5-5.5 inch
<4.5 inch
>5.5 inch

Time Period Captured in the Report:

Historical Period: 2016-2021

Forecast Period: 2022F-2026F

Used Smartphone Industry Players

Online Platforms

Laku6

Jagofon.com

Shopee

Tokopedia

Bukalapak

Olx

Carousell

Offline Players

Erafone

Sentra Ponsel

DigiMap

Renan Store

Ekacelluler

Key Topics Covered in the Report

Ecosystem of Used Smartphones Industry

Business Lifecycle and Value Chain Analysis of Used Smartphones Industry

Business Models of Major Entities in the Used Smartphones Industry

Ratio of Used and New Smartphones in Indonesia

Customer Preferences and Buying Decision Behavior in Used Smartphone Industry

Market Size of New Smartphones Industry by Transaction Value and Sales Volume

Introduction on Indonesia Used Smartphones Market

Market Size of Used Smartphones Industry by Transaction Value and Sales Volume

Market Segmentation of Used Smartphone Industry by distribution channel, type of marketing channels, source of lead generation, sourcing medium, sales, brand of smartphones, prices of used smartphones, age of used smartphones, across geographies, type of network, battery capacity, operating system, screen size

Process of Quality Checks and Documentation Requirements Undertaken by Used Smartphone Entities in Indonesia

Competitive Scenario of the Online Used Smartphone Industry

Issues and Challenges in Online Used Smartphone Market

Trends and Developments in the Used Smartphone Industry

SWOT Analysis of the Used Smartphone Industry

Porter’s Five Forces analysis of the Used Smartphone Industry

Growth Drivers of Used Smartphone Industry

Challenges and Restraints in the Used Smartphone Industry

Government Rules and Regulations in the Used Smartphone Industry

Impact of Covid-19 and Government Regulations on Used Smartphone Industry

Future Market Size of Used Smartphones Industry by Transaction Value and Sales Volume

Future Market Size of Online Used Smartphones Industry by Transaction Value and Sales Volume

Future Market Segmentation of Used Smartphone Industry by distribution channel, type of marketing channels, source of lead generation, sourcing medium, sales, brand of smartphones, prices of used smartphones, age of used smartphones, across geographies, type of network, battery capacity, operating system, screen size

Industry Speaks

Analyst Recommendations

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

Future of Indonesia Used Smartphone Market

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Building Construction Materials are set to drive the Construction Robot Market: Ken Research

 The Construction Robots Market has matured at a major rate of growth within the past few decades. The report insights into the market shares, revenues, and trends. It discusses the information assessments and specifics of the market size and also the business. The report signifies the trending stigmatization assessments of the highest grooming firms around the globe. The report offers a bright lightweight to the regional and volumetrical analysis of various countries like China, Russia, Spain, France, Italy, the Republic of Korea, Australia, North America, and South America. It imparts this and future potential opportunities for the business. The report delivers the intense scenes moon-faced by the business throughout the COVID nineteen pandemic. Henceforth, the report examines the potential impact of the craft-producing business on the arena.

According to the research report, Construction Robot Market - Global Forecast up to 2025, says that  Construction robots area unit machine-driven machines that assist in construction. They're employed in building construction machinery, arc attachment metal elements, applying adhesives, and collection doors and windows. The increasing focus of the development organizations on reducing the resource and material waste of the building materials throughout construction has driven the adoption of the development robots market. Construction is one in all the sectors wherever a big quantity of fabric is wasted because of the standard construction method. The principal advantage of using construction robots is to save lots of time and improve exactness and potency, thereby commencing a lot of vital economic edges.

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In 2020, the Global Construction Robot Industry was valued at USD million and is projected to reach a significant USD million by the end of 2025. It is expected to grow by a single-digit CAGR in the worldwide markets during the forecast period. The major vendors in the global construction robot market are Built Robotics, Brokk, Caterpillar, Construction Robotics, Fastbrick Robotics, Komatsu, Apis Cor, Blueprint Robotics, Constructions-3D, and Husqvarna. Other prominent vendors in the market include Avant Tecno, Contour Crafting Corporation, CyBe Construction, ICON build, MudBots, S-Squared 3D Printers, Total Kustom, Volvo, and XtreeE which are constantly increasing the market share of the sector.

North America accounted for the very best market share and is dominating the market and square measure expected to continue its dominance throughout the forecast amount. Additionally, countries like Europe (Germany, UK, France, Russia, and Spain); Asia-Pacific (China, Japan, Republic of Korea, and India); the center east and continent (UAE, Republic of South Africa, and Saudi Arabia); South America (Columbia, Brazil, and Argentina) and Australia square measure increasing the defrayal from the region can more support the consumption of the Global Construction Robot Market.

However, the Construction Robot market is regaining its growth at the original pace by the second half of 2021. The rising demand for building construction materials has majorly driven Construction Robot market. Besides providing information regarding numerous countries in the Global Construction Robot Market, the report recalibrates the impact of macroeconomic and microeconomic factors that has the potential to impact the growth of the Global Construction Robot Market Sector.

For More Information, Click on the Link Below:-

Global Construction Robot Market

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Global Construction Robotics Market Research Report with Opportunities and Strategies to Boost Growth- COVID-19 Impact and Recovery

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Rise in Chronic Diseases Lead to the Growth in Magnetic Resonance Imaging Industry: Ken Research

 The Magnetic Resonance Imaging Market has attained astounding growth in the market. The report delivers information about the latest market shares, revenues, and restraints. It gives a clear look at the trending brand assessments and specifics of the industry. The report gives an in-depth look at the competitive strategies of the prime grooming players in the worldwide market. It even examines the various schemes of the top companies in the sector. The report gives a detailed regional and volumetric analysis of the different countries such as Italy, France, Germany, South America, Middle East Asia, North America, Australia, Japan, South Korea, and other Asia Pacific regions. It imparts the study on the major downfalls faced by the industry during the COVID19 pandemic. Hence, the report aims to provide a pre-requisite knowledge of the market size and its potential growth opportunities

According to the research report, Magnetic Resonance Imaging Market - Global Forecast up to 2025, says that a procedure in which radio waves and a robust magnet joined to a computer square measure accustomed produce elaborate photos of areas within the body. These photos will show the distinction between traditional and pathological tissue. magnetic resonance imaging (MRI) uses an outsized magnet and radio waves to seem at organs and structures within your body. Health care professionals use magnetic resonance imaging scans to diagnose a spread of conditions, from torn ligaments to tumors. MRIs square measure terribly helpful for examining the brain and medulla spinalis. The increasing quantity of high strength segments including the rising adoption of those systems of high strength segments have boosted the expansion of the trade.

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In 2020, the Global Magentic Resonance Imaging Industry was valued at USD million and is projected to reach a significant USD million by the end of 2025. It is expected to grow by a single-digit CAGR in the worldwide markets during the forecast period. Siemens Healthineers, GE Healthcare, Fujifilm Holdings Corp., Philips Healthcare,l and , Canon Medical Systems are some of the key vendors of the worldwide markets that are constantly increasing the market share of the sector.

North America accounted for the very best market share and is dominating the market and square measure expected to continue its dominance throughout the forecast amount. Additionally, countries like Europe (Germany, UK, France, Russia, and Spain); Asia-Pacific (China, Japan, Republic of Korea, and India); the center East and continent (UAE, Republic of South Africa, and Saudi Arabia); South America (Columbia, Brazil, and Argentina) and Australia square measure increasing the defrayal from the region can more support the consumption of the Global Magnetic Resonance Imaging Industry.

The closed MRI systems are the most widely and commonly used equipment in hospitals and diagnostics centers across the globe. These are long and capsule like MRI scans that give high quality images. However, the Magnetic Resonance Imaging market is regaining its growth at the original pace by the second half of 2021. The rising demand for chronic diseases materials  has majorly driven Magnetic Resonance Imaging market. Besides providing information regarding numerous countries in the Global Magnetic Resonance Imaging Market, the report recalibrates the impact of macroeconomic and microeconomic factors that has the potential to impact the growth of the Global Magnetic Resonance Imaging Market Sector.

For More Information, Click on the Link Below:-

Global Magnetic Resonance Imaging Market

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(COVID Version) Global Magnetic Resonance Imaging Market Status (2016-2020) and Forecast (2021E-2026F) by Region, Product Type & End-Use

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Market Research Consulting Companies Helps You Make the Right Decisions: Ken Research

As one of the best Market Research Consulting Companies, we understand better than anyone how imperative it is to know where you stand with the regards to your market and your competitors. As the prospects make the decision between you and other businesses, you require to know what they want and how to finest serve them in order to remain the competitive.

At Ken Research, we believe that a business must have a solid foundation of the strategic research and analysis as the beginning point for the marketing plan. Approach of Best Market Research Consulting Companies such as Ken Research begins with getting a clear understanding of who you are, what you propose and why the prospects should consider you instead of your competitors. These aids guide us and deliver and objective basis for which the marketing collateral and campaigns require to be improved in order to reach out to audiences proficiently.

Benefits of Impacts of Services by Top Market Research Consulting Companies

Our marketers will take a deep dive into your business, proposing, competitors and the industry to generate an accomplished marketing strategy for your company. Benefits of our market research and analysis services entail:

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Uncover new targets for your services with the detailed insights about your market and industry, enabling you to position your business with more confidence and take benefit of new market opportunities. Furthermore, our marketers will do a full assessment of your market competitors, uncovering their weakness and strengths, and constructing a marketing strategy for what your business can be doing to take the benefit and find new prospects.

Also, the Business market research by Market Research Consulting Companies will bring your business one step closer to your targeted client. You will understand how they are, their demographics, and what they really require. This knowledge will in turn have you working on the imperative aspects of developing real solutions to your customer’s requirements and desires. When you understand such influences, you will have the ability to make your clients happy. Research permits you to get practical answers to these types of enquiries. So, it’s no wonder that firms that do unvarying market research often have a true competitive benefit.

Market research benefits you clearly understand the target market by analysing the data and springing valuable insights about the market scenario. It agrees business owners to have a general view of the market by assembly first-hand information about the market. When you understand your market, you will be able to produce an effective promotional plan to reach out to potential clienteles. Once you understand your market, you can progress and introduce an effective product that will be able to cater to the requirements of your market. More significantly, by doing market research, you get to know your customer parts inside-out.

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