The Kuwait Facility Management Market is growing owing to Kuwait Vision 2035, Technological advancement, Increased Public Spending on infrastructure and Sustainability: Ken Research

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“Focus on smart city development, new infrastructure developments, focus on tourism and hospitality are Major Factor Contributing towards development of Facility Management Services in Kuwait”

Major Developments: The Kuwaiti government has struck a $495-million deal with the private sector for the development of industrial, residential, and warehousing infrastructure, which is also acting as a key growth driver for facility management market in Kuwait. The large-scale construction of hospitals and tourist attractions is driving the demand for facility management as these services are essential at these places for attracting visitors.

Sustainability: Providing new infrastructure, appropriate legislation and enabling a business environment conducive to development and providing controls and climate to ensure total and balanced human resource development. Aiming on consolidating the values of society, preserving its identity, as well as achieving justice, political participation and freedoms.

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Technical Skills: The main constraint in the Kuwaiti facility management sector is the lack of qualified technical resources. As facility management is a labor-intensive industry, the recruitment of professional workers is a challenge for service providers. This complicates the work of these firms, as their programs are entirely workforce-based.

Analysts at Ken Research in their latest publication “Kuwait Facility Management Market Outlook to 2026F- Driven by Rising End-Users Awareness, Improving Technology and Government’s Strong Initiatives regarding Infrastructure” observed that Facility Management Services market is an emergent healthcare market in Kuwait. The rising Facility Management consciousness among the population and business owners, along with increasing infrastructural growth and technology, expansion of their operation, implementation of favorable government rules & regulations is expected to contribute to the market growth over the forecast period. The Kuwait Facility Management is expected to grow at a robust CAGR of 8.9% over the forecasted period of 2021-2026F.

Key Segments Covered in the report: -

Kuwait Facility Management Market

By Type of Service

Soft Service

Hard Service

By Hard Service

Electromechanical Services

Operations and Maintenance Services

Fire Safety and Security Systems

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By Soft Service

Housekeeping

Security

Landscaping

Others

By Integrated Facility Services, Bundled Services and Single Services

Bundled services

Single services

Integrated facility management (IFM)

By End User

Commercial

Industrial

Residential

By Personnel

In-House Personnel

Outsourced Personnel

Key Target Audience:-

Factories

Plants and Industries

Hotels

Hospitals

Malls

Companies and offices

Tourism Agencies

Government Bodies & Regulating Authorities

Facility Management companies

Real estate companies

Time Period Captured in the Report:-

Historical Period: 2016-2021

Forecast Period: 2021-2026F

Companies Covered:-

Kharafi National

United Facility Management

EFS Facility Management Services

Fawaz Group

O&G Engineering W.L.L.

EcovertFM Kuwait

Al Mazaya Holding Company

Al-Awsat United Real Estate Co.

ONE FM

PIMCO

Gulf Engineering Company K.S.C.C

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Key Topics Covered in the Report:-

Executive Summary: Kuwait Facility Management Market, 2016-2026F

Kuwait Facility Management Market Size by Revenue, 2016-2026F

Kuwait Population Analysis, 2021

Kuwait Demographic Analysis, 2021

Kuwait Oil and Non-Oil Quarterly Real GDP growth,2017-2020

Business Cycle and Genesis of Kuwait Facility Management

Business Acquisition Process in Kuwait Facility Management Market

Supply Side Ecosystem

Kuwait Real Estate Market Overview, 2021

Kuwait Rental Market Overview, 2021

Kuwait Housing Loan Market, 2021

Kuwait Hospitality Market Overview, 2021

Kuwait Retail Market Overview, 2021

Supply Side Ecosystem - Maintenance (Hard FM)

Supply Side Ecosystem - Cleaning and Security

Supply Side Ecosystem - Waste Management

Supply Side Ecosystem - Integrated FM

Kuwait Facility Management Market Segmentation

SWOT Analysis of Kuwait Facility Management Market

Key Growth Drivers in Facility Management Market in Kuwait

Trends and Developments in Kuwait Facility Management Market

Kuwait Facility Management Market Major Technological Trends, 2021

Regulatory Landscape of Kuwait Facility Management Market

Types of Contracts in Kuwait Facility Management Market

Competition Scenario in Kuwait Facility Management Market

Cross Comparison of Major Projects in Kuwait Facility Management Market

Market Sizing Analysis of Kuwait Facility Management Market, 2021-2026F

Best Practices for Improving Facility Services

Operational Strategies for Facility Management Market in Kuwait

Growth Strategies of Kuwait Facility Management Market

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Kuwait Facility Management Market Analysis

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Qatar Facility Management Market Outlook

Chile Facility Management Market Outlook

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Rising Demand for E-Insurance Policies, Digital Marketing Campaigns for Awareness with Adoption of New Technologies had driven Singapore Online Insurance Market: Ken Research

 Driven by Digital Disruption and Rising Technology-enabled Services in the country.

Demand for E-Insurance Policies: Most of the youngster want to opt for E-Insurance, as E-Insurance policies are often way cheaper than offline plans due to the elimination of overhead charges and agents’ commissions online as the Commission charged by aggregators are very high, which are avoided. Also, the consumer retention ratio is just very low in offline mode. Online websites provide automated servicing like quick premium quotes, renewal of old policies, online payment of premiums, 24x7 service, tracking of insurance investments and provision of online claims. It also eliminates the chances of fraud and mis-selling, especially by an agent or distributor and also reduce the Premium thefts, sliding and other agent-initiated schemes in online insurance method.

Increasing Digital Marketing Campaigns:  Singapore has High Internet Penetration; as majority of the population has the internet access which is used as a tool to increase the awareness about online insurance policies and schemes through online campaigns and digital marketing. Digital marketing also drives awareness regarding the insurance policies and educate consumer on the value proposition of the product. It also has helped in Well-designed campaign operations which enable organizations to track, optimize, prioritize, execute, and measure the digital-marketing campaigns effectively.

Adoption of New Technologies: The adoption of New Technologies, the digital insurance platform has driven the pace of change in the insurance industry in Singapore. Technologies like Artificial Intelligence and Machine learning has improved the efficiency and automated the existing customer-facing underwriting and claims processes. It has enhanced customer interactions and provided more personalized, accurate healthcare information. Prudential Singapore expects to benefit from, AI and ML tools such as Kubeflow, Looker, Big Query and Vertex AI.

Covid-19 Impact: The Covid-19 pandemic compelled consumers to prioritize health insurance. The health insurance segment recorded a generous increase in gross written premiums in 2021, compared to 2019.

Analysts at Ken Research in their latest publication “Singapore Online Insurance Market Outlook to 2026F - Driven by Digital Disruption and Rising Technology-enabled Services in the country” by Ken Research observed that Online Insurance Market is a emergent market in Singapore, which is at a growing stage even during the pandemic as well. The Rising Demand for Online Policies, Digital Marketing Campaigns for Awareness with Adoption of New Technologies, had contribute to the market growth over the forecast period. The Singapore Online Insurance Market is expected to see high growth rate over the forecasted period 2022-2026F.

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Key Target Audience

• Insurance Players
• Online Insurance captive Players
• Online Insurance Aggregators Players
• Insurance Technology Provider
• Insurance Users
• New Entrant in Online Insurance Space
• Associated or Affiliated Banks with Insurance Entities
• Regulatory Bodies for Insurance Entities

Time Period Captured in the Report:

• Historical Period: 2016-2020
• Base Year: 2021
• Forecast Period: 2022– 2026F

Companies Covered:

• AXA Insurance
• AIA Singapore
• Prudential Assurance Company
• FWD Insurance
• Singlife with Aviva
• Great Eastern Life
• Manulife Singapore
• Chubb Asia Pacific
• HSBC Singapore
• Singapore Life
• China Taiping
• Zurich
• St. James’s Place
• Swiss life
• Quilter International
• Tokio Marine
• Income
• EtiQa
• Transamerica
• Munich RE
• Utmost International
• China Life

Key Topics Covered in the Report:

• Country Overview
• Singapore Population Analysis
• Overview and Genesis of Singapore Online Insurance Market
• Ecosystem of Singapore Online Insurance Market
• Timeline of Major Players in Singapore Online Insurance Market
• Types of Insurance products in Singapore Online Insurance Market in 2021
• Current Scenario of Health Insurance in Singapore Online Insurance Market in 2021
• Growing Traffic and Motor Insurance in Singapore Online Insurance Market in2021
• Travel Insurance in Singapore in 2021
• Property Insurance in Singapore in 2021
• Market Size of Singapore Online Insurance Market
• Market Segmentation of Online Insurance Market in Singapore
• Industrial Analysis
• SWOT Analysis of Singapore Online Insurance Market
• Technology Trends Transforming the Singapore Online Insurance Market
• Regulatory Framework of Government Regulations of Singapore Online Insurance Market
• Government Regulations of Singapore Online Insurance Market
• Customer Analysis of Online Insurance Market in Singapore
• Challenges faced by Consumers in using Online Insurance in Singapore
• Competitive Analysis of Online Insurance Market in Singapore
• Cross Comparison of Major Players in Singapore Online Insurance Market
• Cross Comparison of Major Insurtech in Singapore Online Insurance Market
• Future Outlook and Projections of Online Insurance Market in Singapore
• Impact of COVID-19 on Online Insurance Market in Singapore
• Analyst Recommendations

For more insights on the market intelligence, refer to the link below: -

Singapore Online Insurance Market: Ken Research

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3 Key Insights on Competitive Landscape in the Global Robotics Software Market: Ken Research

Global Players and Regional Players hold ~40% and ~35% of the market revenue share respectively Despite the Presence of about ~500 Competitors, find a Recent Market Study on the Global Robotics Software Market

Robotics Software is the set of inputs given as a program to the robot to get a specific task done at the desired output level. This software is used to automate processes, improve operational efficiency, lower operational risks and costs as well as improve internal processes. It enables the robots to function safely with intelligence and productively.

Ken Research shares 3 key insights on this high-opportunity market from its latest research study.

1. Large Global Players Hold Around 45%, Followed by Regional Players Holding ~30% of the Market Revenue Share

A comprehensive competitive analysis conducted during the Research Study found that the Global Robotics Software Market is competitive with ~500 players which include globally diversified players, and regional players, as well as a large number of country-niche players.

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According to the research, the Global Players held the dominant position in the market in 2021, in terms of the market share with about ~40% followed by regional players which account for ~35% of the market share.

2. Players are Increasingly Investing in the Robotics Software Industry which is Promoting Market Growth.

To increase their position in the market, competitors have implemented a variety of organic and inorganic growth techniques. To expand their regional footprint and improve their product offering, these top players used mergers and acquisitions, new product development, and expansion to address the rising demand for Robotics.

• In January 2022, Furhat Robotics, a Swedish company that developed the humanoid social robot “Furhat” acquired Misty Robotics, a U.S.-based company engaged in creating social robots for developers for an undisclosed amount. The acquisition will help the company to enhance its presence in social robotics and develop state-of-the-art human interfaces.

3. Increased Focus by Governments and Adoption of Robotics Software in Various Parts of the World leading to Major Industry-Wide Developments, Acquisitions, and Deal-Wins

• China is already an emerging global power in the global robotics market and the government has ambitious plans to develop the industry further with a targeted CAGR of 20% during the period 2021-2025. In December 2021, the Ministry of Industry and Information Technology (MIIT) of the government of China, released a detailed five-year plan which includes the country’s plan to become a source of innovation in the robotics industry, make progress in core robotics technology, and develop much-advanced robotics products & solutions. As per the plan, the country plans to have 500 smart manufacturing plants and 150 smart manufacturing solution providers by the year 2025.

In July 2021, ABB acquired ASTI Mobile Robotics Group, a key player in the rapidly growing Autonomous Mobile Robot (AMR) market which also had a portfolio of vehicles and software that supported all major applications. With this acquisition, ABB aimed to enhance its capabilities in flexible automation and offer next generation solutions.

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Key Topics Covered in the Report

• Snapshot of the Global Robotics Software Market
• Industry Value Chain and Ecosystem Analysis
• Market size and Segmentation of the Global Robotics Software Market
• Historic Growth of the Overall Global Robotics Software Market and Segments
• Competition Scenario of the Market and Key Developments of Competitors
• Porter’s 5 Forces Analysis of the Global Robotics Software Market
• Overview, Product Offerings, and SWOT Analysis of Key Competitors
• COVID-19 Impact on the Overall Global Robotics Software Market
• Future Market Forecast and Growth Rates of the Total Global Robotics Software Market and by Segments
• Market Size of Fiber Type / End User Segments with Historical CAGR and Future Forecasts
• Analysis of the Robotics Software Market in Major Regions
• Major Production / Consumption Hubs in the Major Regions
• Major Country-wise Historic and Future Market Growth Rates of the Total Market and Segments
• Overview of Notable Emerging Competitor Companies within Each Major Region

Major Players Mentioned in the report

• ABB Ltd.
• Clearpath Robotics
• NVIDIA Corporation
• CloudMinds Technology, Inc.
• Liquid Robotics, Inc.
• Brain Corporation
• AIBrain, Inc.
• Furhat Corporation
• Neurala, Inc.
• IBM Corporation

Notable Emerging Companies Mentioned in the Report

• Realtime Robotics, Inc.
• HAL Robotics
• Vyorius
• Quale Infotech
• Anscer Robotics

Key Target Audience – Organizations and Entities Who Can Benefit by Subscribing This Report

• Robot Manufacturers
• Robotics Software Developers
• Software and Application Developers for Robotics Industry
• Third-party Service and Maintenance Providers
• Investors and Venture Capitalists in the Robot and Robotic Software Industry
• Market Research & Consulting Firms
• Start-ups & Incumbents in Robotics Industry
• Company Research and Development Institutes
• Government & Regulatory Authorities
• Commercial and Industrial Robots Manufacturers
• Commercial and Industrial Robots Product Assemblers
• Commercial and Industrial Robots Component suppliers
• Raw Material Suppliers for Commercial and Industrial Robots
• Potential Investors in Commercial and Industrial Robots Companies
• Value Added Resellers of Robots
• Industrial OEMs of Commercial and Industrial Robots
• Industrial Automation Solutions Providers
• Robotics Industry Associations
• Robotics Research Groups
• Government Ministries of Electronics
• Government Ministries of Heavy Industries
• Regulatory Organizations for Robots

Time Period Captured in the Report

• Historical Period: 2017-2021
• Forecast Period: 2022E-2028F

For more insights on the market intelligence, refer to the link below: -

Global Robotics Software Market: Ken Research

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3 Key Insights on US$ 15 Bn Opportunity in the Global Robotics Software Market: Ken Research

 Driven by a rise in demand from end-user industries along with the requirement of reducing labor costs and improving operational efficiency, the Global Robotics Software Market is Forecasted to Reach ~US$ 15 Bn by 2028 says Ken Research Study.

Robotics Software is the set of inputs given as a program to the robot to get a specific task done at the desired output level. This software is used to automate processes, improve operational efficiency, lower operational risks and costs as well as improve internal processes. It enables the robots to function safely with intelligence and productively.

Ken Research shares 3 key insights on this high-opportunity market from its latest research study.

1. Increased Adoption of Robotics Software in Various End-User Industries Have Increased the Market’s Growth Rate

According to Research estimates, the Global Robotics Software Market – which was valued from around US$ 3 Bn in 2017 to nearly US$ 7 Bn by 2022 – is expected to grow further to ~ US$ 15 Bn opportunity by 2028.

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Some of the factors that propel the growth of the Robotics Software market over the forecast period include rising demand from end-user industries, growing installation of industrial robots for manufacturing set-ups, adoption of emerging technologies such as the Industrial Internet of Things (IIoT), and growing investments by countries as well as start-ups are expected to be the key drivers of the market’s growth.

2. High Growth Rate of Adoption of Industrial Robots Globally is Helping the Market Growth

The requirement of labor cost reduction, improved quality, more accuracy, and production scalability are some of the factors that are driving large-scale industries to install more numbers of industrial robots in their operations. The scenario is same for the small and medium enterprises as well as other micro-organizations which are following the same methodology to improve speed and reduce energy costs.

To achieve these objectives, it is imperative that companies operate the robots with the correct robotics software so that the desired level of manufacturing quality can be achieved. So as the demand for more and more advanced industrial robots grows the robotics market is growing proportionately at a high rate.

3. High Costs Associated with the Software and Data Security Concerns are Major Challenges to the Growth of the Market

The high installation cost of robots is still a major concern for many companies which acts as a hindrance to the growth of the market. Although the companies benefit from the transition of repetitive, labor-intensive, and mundane tasks from humans to robots the costs associated with the robots as well as the software discourage them to make the investment.

Also, even though the software is applicable across various industries for executing a variety of tasks it can’t be considered a turnkey solution, and hence without other supporting tools and strategies will result in a longer period for the return on investment which is a challenge to the growth of the market.

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Key Topics Covered in the Report

• Snapshot of the Global Robotics Software Market
• Industry Value Chain and Ecosystem Analysis
• Market size and Segmentation of the Global Robotics Software Market
• Historic Growth of the Overall Global Robotics Software Market and Segments
• Competition Scenario of the Market and Key Developments of Competitors
• Porter’s 5 Forces Analysis of the Global Robotics Software Market
• Overview, Product Offerings, and SWOT Analysis of Key Competitors
• COVID-19 Impact on the Overall Global Robotics Software Market
• Future Market Forecast and Growth Rates of the Total Global Robotics Software Market and by Segments
• Market Size of Fiber Type / End User Segments with Historical CAGR and Future Forecasts
• Analysis of the Robotics Software Market in Major Regions
• Major Production / Consumption Hubs in the Major Regions
• Major Country-wise Historic and Future Market Growth Rates of the Total Market and Segments
• Overview of Notable Emerging Competitor Companies within Each Major Region

Major Players Mentioned in the report

• ABB Ltd.
• Clearpath Robotics
• NVIDIA Corporation
• CloudMinds Technology, Inc.
• Liquid Robotics, Inc.
• Brain Corporation
• AIBrain, Inc.
• Furhat Corporation
• Neurala, Inc.
• IBM Corporation

Notable Emerging Companies Mentioned in the Report

• Realtime Robotics, Inc.
• HAL Robotics
• Vyorius
• Quale Infotech
• Anscer Robotics

Key Target Audience – Organizations and Entities Who Can Benefit by Subscribing This Report

• Robot Manufacturers
• Robotics Software Developers
• Software and Application Developers for Robotics Industry
• Third-party Service and Maintenance Providers
• Investors and Venture Capitalists in the Robot and Robotic Software Industry
• Market Research & Consulting Firms
• Start-ups & Incumbents in Robotics Industry
• Company Research and Development Institutes
• Government & Regulatory Authorities
• Commercial and Industrial Robots Manufacturers
• Commercial and Industrial Robots Product Assemblers
• Commercial and Industrial Robots Component suppliers
• Raw Material Suppliers for Commercial and Industrial Robots
• Potential Investors in Commercial and Industrial Robots Companies
• Value Added Resellers of Robots
• Industrial OEMs of Commercial and Industrial Robots
• Industrial Automation Solutions Providers
• Robotics Industry Associations
• Robotics Research Groups
• Government Ministries of Electronics
• Government Ministries of Heavy Industries
• Regulatory Organizations for Robots

Time Period Captured in the Report

• Historical Period: 2017-2021
• Forecast Period: 2022E-2028F

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Global Robotics Software Market: Ken Research

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The Portugal cold chain market is currently growing owing to rising domestic consumption of Processed Foods, Frozen Foods, Seafood, and Meat: Ken Research

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“Driven by Rising Packaged Foods Consumption and Owing to the Growing Millennial Population, Portugal’s cold chain market thereby has ample growth opportunities with its increase in revenue.”

Growth of Cold Chain industries: Portugal’s 67% Urban Population defines the level of development that is there in the nation. The situation of the pandemic has helped the market of cold chains to grow. Due to the increase in demand for pharmaceutical products, as well as the rise in e-commerce resulting from the pandemic the cold chain market in Portugal has significantly grown in recent years. The market for fish and other seafood, meat, and frozen foods have the highest revenue share from frozen temperature. It is followed by the chilled temperature market, which features fruits, vegetables, and dairy mostly.

E-Commerce companies and Organized Retail in the country: The supply chain and logistics industry has seen exponential growth in e-commerce. Due to the rise in DTC (Direct to Consumer), there has been exponential growth in cold storage on a micro-level. Also, organized retail and food service industries have emerged as new cold chain growth drivers, majorly due to changing consumption and lifestyle patterns. Increasingly, consumers demand a large variety of temperature-sensitive commodities which has led to rising cold chain infrastructure.

Custom Duties and Value-Added Tax in goods: The duty rates applied in Portugal vary according to the origin of the goods. There are several origin agreements that exempt from duties, the importation of goods from certain countries or that determine reduced rates. The reduced rate is applicable to the supply of some food products, food and beverage services, musical instruments, agricultural tools, or ornamental flowers.

Fuel Prices and Energy Situation in Portugal: Cold transport prices are calculated based on fuel prices and the distance covered. A sharp and constant rise in prices of fuel causes the prices charged by cold transport to rise continuously. The rising prices of electricity due to the Russia-Ukraine war and the looming energy crises in Europe might impact the Cold Chain industry through an increase in power costs or due to power shortage.

Analysts at Ken Research in their latest publication “Portugal Cold Chain Market Outlook to 2026F: Driven by Rising Packaged Foods Consumption Owing to Growing Millennial Population” observed that the Cold Chain market is an emerging market in Portugal at a rebounding stage from the economic crisis after the pandemic. The rising government policies and demand for Cold Chain, rising domestic consumption of fish and other seafood, meat, and frozen foods along with government initiatives are expected to contribute to the market growth over the forecast period. The Portugal Cold Chain market is expected to grow at a 5.6% CAGR during 2021-2026F owing to the change in lifestyle and urbanization which led to rising domestic consumption of processed food.

Key Segments Covered:-

Portugal Cold Chain Market

By Type

Cold Transport

Cold Warehousing

By End User

Meat and Seafood

Fruits and Vegetables

Pharmaceuticals

Dairy Products

Portugal Cold Transport Market

By Type of Freight

Domestic Freight

International Freight

Mode of Freight

Land

Sea

Air

By Size of Truck

Small (6 pallets capacity)

Medium (20 pallets capacity)

Large (33 pallets capacity)

By End User

Meat and Seafood

Fruits & Vegetables

Pharmaceuticals

Dairy Products

Portugal Cold Warehouses Market

By Type of Cold Warehouses

Frozen

Chilled

Ambient

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By End User

Meat and Seafood

Fruits & Vegetables

Pharmaceuticals

Dairy Products

Processed foods

Frozen Foods

Key Target Audience:-

Cold Storage Companies

Cold Chain Companies

Cold Transport Companies

Captive Cold Storage Companies

Captive Cold Chain Companies

Logistics Companies

Non-captive Companies

Cold Chain Associations

Logistics Associations

Private Equity Firms

Venture Capitalists

Time Period Captured in the Report:-

Historical Period: 2016-2021

Base Year: 2021

Forecasted Period: 2021-2026F

Companies Covered:-

Americold Logistics

STEF Portugal

NC Logistica

Frigoservice

Paulo Duarte

Primafrio

Luis Simoes

Olano Logistics

Rangel

Soapa Europa

TPCF

TJA

UPS

Logifrio

TIBA Group

HAVI Logistics

Antonio Frade

Transfrio

Key Topics Covered in the Report:-

Portugal Cold Chain Market Overview

Portugal Cold Chain Industry Supply Ecosystem

Portugal Cold Chain Market Size, 2016-2021

Portugal Cold Chain Market Segmentation (By Cold Storage and Cold Transport, By End Users), 2021

Portugal Cold Storage Market Ecosystem

Portugal Cold Storage Market Size, 2016-2021

Portugal Cold Storage Market Segmentation (by Temperature Range, by End Users), 2021

Portugal Cold Transport Market Overview

Value Chain Analysis of Portugal

Portugal Cold Transport Market Revenue, 2016-2021

Portugal Cold Transport Market Segmentation (by Type of Reefer Truck, by Mode of Transportation, by End Users), 2021

Portugal Cold Chain Market Competition Landscape

SWOT Analysis of Portugal Cold Chain Market

Regulatory Landscape of Portugal Cold Chain Market

Growth drivers of Portugal Cold Chain Market

Issues and Challenges in Portugal Cold Chain Market

Recent Trends in the Portugal Cold Chain Market

End User Analysis of Portugal Cold Chain Market

Future Outlook of Portugal Cold Chain Industry, Cold Storage Market, cold Transport Market, 2021-2026F

Market Opportunities and Analyst Recommendation

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

Portugal Cold Chain Market

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Qatar Cold Chain Market Outlook To 2026 - Driven By FIFA World Cup 2022’s Logistics Demand And Infrastructural Growth Along With A Tailwind Of Technological Development, Qatar Cold Chain Market Experiencing Growth

Malaysia Cold Chain Market Outlook To 2026 - Driven by Increase in Demand for Perishable Food Items and its Establishment as the Halal Industry Hub, Malaysia Cold Chain Market Experiencing Growth

3 Key Insights on US$ 8 Bn Opportunity in the Global Silicon Metal Market: Ken Research

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Driven by the rising demand for silicon metal in various industries such as automobile, semiconductor, and others as offer low thermal expansion, corrosion resistance, low wear rate, and other properties, the Global Silicon Metal Market is Forecasted to reach nearly US$ 8 Bn by 2028 says Ken Research Study.

Silicon metal is a lustrous and grey semi-conductive metal and is widely used to manufacture solar cells, microchips, steel, and others. It acts as a base material for different products and hence has an important role in the consumer and industrial sector.

Ken Research shares 3 key insights on this high-demand market from its latest research study.

1.    Growing Consumption of Silicon Metal in Various Industries Encourage Market Growth

The growing demand for silicon metal in the manufacturing of electronic semiconductors, photovoltaic solar cells, electric vehicles, and others is boosting the growth of the Silicon Metal market in the forecasted period. The growing demand for renewable sources of energy globally coupled with the increase in favorable policies of government for semiconductors, electric vehicles, and others, is anticipated to boost the demand for the global silicon metal market. However, the shortage of silicon metal due to its high usage in various industries may hamper the growth of the market.

According to Ken Research estimates, the Global Silicon Metal Market – valued at around US$ 5 Bn in 2017 and estimated to reach nearly US$ 6 Bn by 2022 – is expected to grow to around US$ 8 Bn opportunity by 2028.

2.    Increasing Penetration of Electric Vehicle is Driving the Market Growth

The increase in favorable policies of the government for electric cars along with the rising penetration of electric vehicles is likely to boost the growth of the market. Moreover, increasing demand for silicon metals and aluminum-silicon alloys to manufacture lightweight vehicles is expected to bolster the growth of the Global Silicon Metal Market.

The below graph depicts the increasing number of global electric car registrations.

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3.    Hike in the Prices of Silicon Soars Is the Most Significant Barrier to the Growth of the Market

The shortage of raw materials such as silicon sores and their high consumption in industries like semiconductors is expected to increase the prices of raw materials, which may hamper the growth of the market. Surging demand for silicon metal in industries has created risks of creating improbable shortages for raw materials like gravel which is affecting the production of silicon metals and affecting the supply chain, which may restrict the growth of the market.

The below graph depicts the hike in prices of silicon soaring in Yuan per ton.

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

Global Silicon Metal Market

3 Key Insights on Competitive Landscape in Global Packaging Machinery Market

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Global Players Dominate the Market Holding nearly 40% of Revenue Share Despite the Presence of about 200 Competitors Comprising Global Players, Regional Players, and Country-Niche Players, finds a recent market study on the Global Packaging Machinery Market by Ken Research

Packaging machinery is a device that is widely used to package products and components. It performs a variety of functions such as filling, container cleaning, bagging, packing, bottling, sealing, wrapping, shrink film, labeling, inspection and weight checking, and many others. It plays a significant role in ensuring the safety of products and providing temper resistance packaging and facilitating the packaging of small sachets to big cartoons.

Ken Research shares 3 key insights on the competitive landscape of this dynamic market from its latest research study.

Country-niche players comprise about 55% of the Total Number of Competitors and hold around 25% of the Total Market Revenue

A comprehensive competitive analysis conducted during the Research Study found that the Global Packaging Machinery Market is highly competitive with ~200 players which include globally diversified players, regional players as well as a large number of country-niche players having their niche in Packaging Machinery. The global players comprise about 15% in terms of the number of companies and hold about 40% of the market share. Market players are adopting new technology to make their packaging machinery more efficient, reliable, and cost-effective.

Leading Global Players Launching Efficient and Advanced Features Packaging Machinery

Detailed comparative analysis of key competitors available within the Research Study shows that key players such as KHS Group, Coesia, and Langley Holdings plc among others are highly focused on strategic developments including expansion, product launch, and others to fulfill the growing demand for advanced and efficient Packaging Machinery among various end-users. Furthermore, several companies are collaborating with advanced technology companies to integrate new technology into packaging machines to offer advanced features.

• In July 2021, Multivac launched F 286 thermoforming packaging machine suitable for producing vacuum and map packs for snacks. The new machine offer features such as high efficiency, flexibility, pack quality, and an excellent price-performance ratio.

Increased Manufacturer Environmental Initiatives of Packaging Machinery System Promote Packaging Machinery Growth and Development

• In 2021, Fuji Seal, Inc. is actively taking eco-initiatives for “Environmental Friendly delivery”. The company aims to deliver forms and production systems of its integrated services of packaging machinery and materials. The company is engaged in the development of packaging machinery and looking forward to offering new machinery that reduces the environmental impact by cutting down and using less energy, and water, and emitting less CO2.

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Key Topics Covered in the Report

• Snapshot of the Global Packaging Machinery Market
• Industry Value Chain and Ecosystem Analysis of the Packaging Machinery Market
• Market size and Segmentation of the Global Packaging Machinery Market
• Historic Growth of the Overall Global Packaging Machinery Market and Segments
• Competition Scenario of the Packaging Machinery Market and Key Developments of Competitors
• Porter’s 5 Forces Analysis of the Global Packaging Machinery Industry
• Overview, Product Offerings, and Strategic Developments of Key Competitors
• COVID-19 Impact on the Overall Global Packaging Machinery Market
• Future Market Forecast and Growth Rates of the Global Packaging Machinery Market and by Segments
• Market Size of Application/End-User Segments with historical CAGR and Future Forecasts
• Analysis of the Packaging Machinery Market in Major Regions
• Major Production / Consumption Hubs in the Major Regions
• Major Production/Supply and Consumption/Demand Hubs in Each Region
• Major Country-wise Historic and Future Market Growth Rates of the Total Packaging Machinery Market and Segments
• Overview of Notable Emerging Competitor Companies within Each Major Region

Major Companies Mentioned in the Report

• Krones AG
• Robert Bosch Gmbh
• Coesia
• M.A. Industria Macchine Automatiche S.P.A. 
• Langley Holdings Plc
• KHS Group
• CKD Corporation
• Barry-Wehmiller Companies
• The Adelphi Group of Companies
• Fuji Machinery Co.,Ltd.

Notable Emerging Companies Mentioned in the Report

• Tetra Laval
• Marchesini Group
• Aetna Group
• BERHALTER AG
• Syntegon Technology GmbH
• PAC Machinery
• Multivac

For more insights on the market intelligence, refer to the link below: -

Global Packaging Machinery Market Size, Segments, Outlook, and Revenue Forecast 2022-2028: Ken Research

The Philippines Used Tractor Market is growing owing to Increased Farm Mechanization and Digitization, Increase in Purchasing Power and Government Initiatives: Ken Research

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Focus on Modernization in Technology and Dominated by Low Engine Power Tractors Are Major Factor Contributing towards development of used tractor market in Philippines.

Demand for Used Tractor: New tractors are expensive due to import based tractors and limited local manufacturing. Subsidiary program is just on paper less incentive for mechanization. Thereby raising demand for Used Tractors. Farmers in the Philippines are mostly marginal, and their per capita income is also low. Because their tiling area is small, they have no incentive to purchase a new tractor, so they buy used, which has increased its sales.

Rural Urban Gap: Inadequate services & low financial resources lead to migration of rural population towards urban in search of a better opportunities which creates a substantial decline in the manual farm labors and has turned out to be a serious matter of concern for the Philippines countries.

Government Initiatives: Government Initiatives like Production Loan Easy Access, Agricultural Competitiveness Enhance Fund and Survival and Recovery Scheme Smart Plant Production in Controlled Environment are focusing on the adoption of techniques such as cryopreservation.

Sale Distribution Channels: Since the market is mostly unorganized so people prefer buying used tractors from their already trusted sources leading to maximum numbers of products via offline mode. Tractors are sold via Auction only when the buyer has less idea about the seller but can cross check the quality before buying. Around 68.0% of the population uses internet in Philippines leading to Used Tractors market using online sources to sell their products.

Analysts at Ken Research in their latest publication “Philippines Used Tractor Market Outlook to 2027F- Driven by Modernization in Technology and Dominated by Low Engine Power Tractors” by Ken Research observed that Used Tractors market is an emergent vehicle market in Philippines at a rebounding stage from the economic crisis after pandemic. The rising government policies and demand for used tractor, online platforms for purchasing with government initiatives is expected to contribute to the market growth over the forecast period. The market in terms of revenue is expected to grow at a 13.0% CAGR during 2021-2027F owing to the increase in demand for Farm Mechanization and lower price then new tractors.

Key Segments Covered in the report:-

Philippines Used Tractor Market

By Power

Less than 30 HP

31-60HP

60-100 HP

100 HP +

By Revenue

Agriculture

Construction

By Region

Luzon

Visayas

Mindanao

By Distribution Channel

Offline Channel

Online Channel

Financial Institution/Auction

By Usage

Less than 500 hours

501-1500 Hours

1501-3000 Hours

3001-5000 Hours

5000+ Hours

By Price

Less than 300,000 Pesos

3 00,01- 400,000 Pesos

500,00-600,000 Pesos

700,00+ Pesos

Key Target Audience:-

OEMs

Multi-Brands

Online Used Tractor Portals

Used Tractor Financing Companies

Government Bodies

Investors & Venture Capital Firms

Importers/ Dealer or Seller/Company

Construction Companies

Time Period Captured in the Report:-

Historical Period: 2017-2021

Forecast Period: 2021-2027F

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Companies Covered:-

John Deere(global)

New Holland (Global)

Yanmar Philippines Corporation

Kubota Philippines (KAMPI)

HMR Philippine

Adamco

Westen Power Machineries

Fill Holland

Land Bank

ORIX METRO Leasing and Finance

Pen bank

Agronomika finance

My Benta

Used

Tractorousell

Key Topics Covered in the Report:-

How is Used Tractor Market Positioned in Philippines?

Country Overview of Philippines

Philippines Population Analysis

Road Transport Overview of Philippines

Philippines Agricultural Sector Overview

Trade Statistics of Philippines Agriculture

Ecosystem of Major Entities in Philippines Used Tractor Market

Overview and Genesis of Used Tractor Market in Philippines

Value Chain Analysis

Customer Journey in buying of Used Tractor

Role of Entities in Value Chain Analysis of Philippines Used Tractor Market

Sourcing of Used Tractors for Dealers in Philippines

Lead generation for Used Tractors in Philippines

Step- by-step Sales Process of Used Tractor in Philippines

Second hand tractor Loan amount disbursed via official/organized lending channels, 2017 – 2026F

Used Tractor Sales and Prices, 2017 - 2021

Used Tractor Revenue, 2017 - 2021

Market Sizing and Segmentation of Used Tractor Market in Philippines (By Power, By Purpose, By Region, By Sale/ Distribution Channel, By Usage and By Price)

Trends in Philippines Used Tractor Market, 2021

Issues and Challenges in the Used Tractor Market

SWOT Analysis of Philippines Used Tractor Market

Porter’s Five Forces Analysis of Used Tractor Market

Customer Pain points in Philippines Used Tractor industry

Buying Criteria of the Customers

Selling Criteria Used by the Players

Growth Drivers of the Used Tractor Market

Market share of major Used Tractor Companies, FY 2021

Cost Sheet of Major Players

Philippines Used Tractor Market Future Outlook, 2021 – 2026F Philippines (By Power, By Purpose, By Region, By Sale/ Distribution Channel, By Usage and By Price)

Future Trends and the Way Forward – Philippines Used Tractor Market

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

Philippines Used Tractor Market

Related Reports:-

Thailand Used Tractor Market Outlook to 2027F – Driven by Technological Advancements and Dominated by Low Engine Power Tractors

India Tractor Market Outlook to 2025- By Vehicle Category (Agriculture and Commercial), Registration by Region (North, East, West, South) and Registration by State

3 Key Insights on Competitive Landscape in Global Protein Supplement Market: Ken Research

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Few Diverse Global Players Dominate the Market Holding ~40% of Revenue Share Despite the Presence of about ~250 competitors comprising a Large Number of Country-Niche Players and Regional Players, finds a recent market study on Global Protein Supplement Market by Ken Research.

Protein is a macronutrient that the human body needs to repair tissue, develop muscle, and produce enzymes and hormones. It is one of the components that make up skin, muscle, and bone. In addition to being present in a wide range of specially made drinks, bars, and powders, protein can also be found in foods including dairy, eggs, red meat, chicken, fish, nuts, tofu, and legumes. In addition, protein supplements can be beneficial as a component of their overall dietary strategy. Bodybuilders and sports athletes frequently utilize protein supplements as a form of nutritional and bodybuilding supplement to enhance their protein intake without simultaneously increasing their intake of carbohydrates and fats. When taken directly, these supplements have a higher protein content than other protein sources.

Ken Research shares 3 key insights on the competitive landscape of this dynamic market from its latest research study.

1. Global Players Who Comprise ~15% in Terms of the Number of Competitors Hold the Dominant Revenue Share

Competitive Analysis by the Ken Research Study found that the Global Protein Supplement Market is highly competitive with ~250 players which include globally diversified players, regional players as well as a large number of country-niche players having their niche in the protein supplement. The country-niche players comprise about ~45% in terms of the number of companies, followed by regional players accounting for ~40% in terms of the number of companies. Most of the country-niche players are raw material suppliers. Some of these who successfully evolve to create protein supplement products often get acquired by large global players seeking to grow and diversify quickly.

2. Leading Specialist Global Players' Ongoing Efforts To Provide Protein Supplement To a Variety of Industries Drive the Growth of the Market

Detailed comparative analysis of key competitors available within the Research Study shows that specialist company, such as Glanbia PLC, Abbott., NOW Foods, MusclePharm, QuestNutrition, CytoSport, Inc., Iovate Health Sciences International Inc., The Bountiful Company, AMCO Proteins, Transparent Labs and others are the major companies operating to provide high-quality protein supplements for a variety of end-users.

• In April 2018, Abbott introduced Ensure Max protein to provide all the protein needed to maintain or rebuild muscle with the proper nutrition. The product was designed to appeal to people over the age of 50.

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• In February 2022, Nestle Health Science, a subsidiary of Nestle SA, finalized the acquisition of Vital Proteins, a Chicago-based producer of collagen-based meals, beverages, and supplements. Since Nestle first purchased a majority stake in Vital Proteins in June 2020, the company has experienced phenomenal development.
• In July 2022, Post Holdings Inc.'s Dymatize brand introduced Complete Plant Protein, a new plant-based protein supplement. Vegan ingredients such as soy protein, which has 25g of protein per pack, were used in the creation of the product.

3. Government Initiatives to Aid in the Expansion of the Global Market for Protein Supplement Market

• In July 2022, Australia's Protein Roadmap was published by Commonwealth Scientific and Industrial Research Organization (CSIRO) with assistance from Austrade and other business associates. The roadmap identifies a US$13 billion opportunity for Australian investment in technology-driven proteins.
• In September 2022, USA Food and Drug Administration (FDA) is giving nutrition programs a top priority to guarantee that Americans have better access to healthier foods and nutrition information that we can all utilize to make healthier decisions more quickly. Increasing access to better foods may enhance eating habits, which will enhance everyone's health and well-being.

Key Topics Covered in the Report

• Snapshot of the Global Protein Supplement Market
• Industry Value Chain and Ecosystem Analysis
• Market size and Segmentation of the Global Protein Supplement Market
• Historic Growth of the Overall Global Protein Supplement Market and Segments
• Competition Scenario of the Market and Key Developments of Competitors
• Porter’s 5 Forces Analysis of the Global Protein Supplement Industry
• Overview, Product Offerings, and Strengths & Weaknesses of Key Competitors
• COVID-19 Impact on the Overall Global Protein Supplement Market
• Future Market Forecast and Growth Rates of the Total Global Protein Supplement Market and by Segments
• Market Size of Application Segments with Historical CAGR and Future Forecasts
• Analysis of Global Protein Supplements in Major Regions
• Major Production/Supply and Consumption/Demand Hubs within Each Region
• Major Country-wise Historic and Future Market Growth Rates of the Total Market and Segments
• Overview of Notable Emerging Competitor Companies within Each Major Region

Major Players Mentioned in the Report

• Glanbia PLC
• NOW® Foods
• QuestNutrition
• CytoSport, Inc.
• Lovate Health Sciences International Inc.
• The Bountiful Company
• AMCO Proteins
• Transparent Labs

Notable Emerging Companies Mentioned in the Report

• Woodbolt Distribution Llc
• Dymatize Enterprises Llc
• RSP Nutrition
• BPI Sports
• The Hut.com Limited and MSM Retail Pvt Ltd.

Key Target Audience – Organizations and Entities Who Can Benefit by Subscribing This Report

• Protein Supplement Companies
• R&D Institutes for Protein Supplement Development
• Protein Supplement Manufacturers
• Protein Supplement Suppliers
• Protein Supplement Raw Material Provider 
• Investment Banks Targeting Supplement Market
• Caffeine Producers
• Food Safety Authorities
• F&B Marketing and Advertising Agencies
• Dietary Supplement Manufacturers
• F&B Research Institutes
• Entrepreneurs in Food Industry
• Potential Entrants into Food Industry
• Government Departments for Food Standards
• Government Ministries and Departments for Food Industry

For more insights on the market intelligence, refer to the link below: -

Global Protein Supplement Market Size, Segments, Outlook, and Revenue Forecast 2022-2028: Ken Research

3 Key Insights on Competitive Landscape in the Global Food-Grade Lubricants Market

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Country-niche Players Dominate the Food-Grade Lubricants Market, Despite the Presence of ~100 Competitors Comprising a Significant Number of Global and Regional Players, finds a recent market study on the Global Food-Grade Lubricants Market by Ken Research.

Food Grade lubricants are categorized under oil and grease, acceptable for use in meat, poultry, and other food processing equipment, application, and plants. Lubricants are broken into different categories on the likelihood they will contact food. As of now, food-grade lubricants are designated as H1, H2, and H3. The approval and registration of new lubricants into one of these categories are based on the ingredient used in the formulation. Ken Research shares 3 key insights on the competitive landscape of this dynamic market from its latest research study.

1. Global Players Constitute ~15% of the Total Number of Competitors, While Country-niche Players Dominate Representing ~55% of Total Competitors by Type

Competitive Analysis by the research study found that the global food-grade lubricants market is significantly competitive with ~100 players which include country-niche players, regional players as well as a significant number of globally diversified players, who deal in the manufacturing and supplying food-grade lubricants products for application including food, beverages, cosmetics, and others. The large global players even though comprise about 15% in terms of the number of companies, hold a majority portion of the market revenue share followed by regional players which account for a strong portion of the market revenue share. Most of the players are having their headquarters in the Europe region.

2. The majority Number of Players are Specialists, Manufacturing a Wide Array of Products in the Global Food-Grade Lubricants Market.

Detailed comparative analysis of key competitors available within the research study reveals that players have a variety of food-grade lubricant manufacturing for different product types such as mineral, synthetic, and bio-based. All leading competitors have a strong presence in the global food-grade lubricants market. Furthermore, several companies and organizations are aggressively investing in R&D to cater to end-users demands.

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• In February 2021, Metalube announced the launch of its next-generation food-safe NSF-registered high-performance chain oils.
• In November 2020, FUSCH Group acquired PolySi Technologies Incorporated, a manufacturer of lubricants for various applications such as industrial equipment, electrical, utility, and others.

Government Initiatives & Programs to Encourage the Expansion of the Global Food Grade Lubricants Market

• In the USA, food-grade lubricants must be formulated by title 21 Code of Federal Regulations (21CFR) 178.3570. The act further stated that lubricants with incidental food contact may be safely used on machinery used for producing, manufacturing, packing, or holding food, subject to the provision of this section.
• China’s food hygiene law sets the standards and requirements for ensuring food hygiene and protecting food products from contamination with a harmful substance.

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

Competitors in Food Grade Lubricants Market

Read Also –

3 Key Insights on the US$ 500 Million Opportunity in the Global Food Grade Lubricants Market

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