Global Night Vision Device Market is expected to reach revenues of US$ 14 Bn by 2028: Ken Research

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Competition Scenario in Global Night Vision Device market

The Global Night Vision Device market is highly competitive with ~200 players which include globally diversified players, regional players as well as a large number of country-niche players each with their niche product ranges. The Night Vision Device market's growth is heavily reliant on the adoption of new technologies and advancements in the types of devices being made available to the end users.

Country-Niche players constitute majority of the competitors, while regional players hold a share of ~35% in terms of the number of competitors. Some of the major players in the market include L3 Technologies Inc., American Technologies Network Corp., BAE Systems PLC, Thales Group SA, SATIR, Elbit Systems Ltd., Teledyne FLIR LLC, Collins Aerospace, Meopta, Excelitas Technologies Corp., and Safran among others.

What is the Expected Future Outlook for the Overall Night Vision Device Market Across the globe?

The Global Night Vision Device market was valued at USD ~billion in 2021 and is anticipated to reach USD ~billion by the end of 2028F, witnessing a CAGR of ~% during the forecast period 2022-2028F. The realistic growth scenario represents the most likely scenario as per current market conditions. This scenario assumes that there will be no overall impact on the market due to any potential COVID-19 waves in the future.

The Global Night Vision Device market is driven by factors such as the rising spending by the governments on their military modernization, emerging technologies in the night vision devices, and the growing range of applications of these products in civil and defense-related security among other. However, the market is also constantly being influenced by rapid development in technology, product innovation, and diversification in some countries.

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The high costs associated with night vision devices are one of the biggest challenges to the growth of the market. For example, the night vision multipurpose monocular device offered by one of the major players in the market, American technologies Network corp., can cost thousands of dollars.

In January 2022, the Defense Advanced Research Projects Agency (DARPA) as part of its Enhanced Night Vision in Eyeglass Form (ENVision) program tied up with 10 research teams representing industry players and universities. All these organizations will work in collaboration with the DARPA to develop night vision goggles that will be of comparable size and weight to regular eyeglasses.

The global night vision device market is forecasted to continue its stable growth since 2017. One of the major trends driving market expansion is the spiraling demand for lightweight products as well as the consumers having a wide range of products to choose from. Though the market is highly competitive with ~200 participants, few global players control the dominant share and regional players also hold a significant share.

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

Global Night Vision Device Market

Global UV LED Market is expected to reach a market size of ~US$ 1,100 million by 2028: Ken Research

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What Is the Size of Global UV LED Industry?

Global UV LED market is growing at a CAGR of ~% in 2017-2022P and is expected to reach ~USD Bn by 2028F.

The UV LED Market is largely driven by increasing adoption of smart home devices across countries and the growing trend of horticulture and indoor farming in developing countries.

Rising individual awareness for the importance of drinking intensely treated water due to the increasing prevalence of water-borne diseases worldwide drives demand for UV-powered LED water purification technology/systems.

For instance, according to a study on Environmental Research and Public Health conducted by the Multidisciplinary Digital Publishing Institute (MDPI), a Switzerland-based -access journals, in 2021, nearly 1.5 million individuals die globally from water-borne diseases (WBDs) every year.

UV LEDs are considerably more expensive technology than other alternatives due to their higher ink cost, which is made primarily with a special photo initiator and formulation, which might hinder its market growth.

The ongoing Covid-19 pandemic, the UV LED market is witnessing a significant surge in demand due to its usage in disinfecting surfaces and germ-killing properties. Numerous industry verticals have increasingly adopted the use of UV lamps to clean surfaces and prevent them from getting contaminated.

Global UV LED Market by Product type

The Global UV LED Market is segmented by Product type into UV-A, UV-B and UV-C.

The UV-A segment held the largest market share of the Global UV LED Market in 2022P.

The growth is primarily attributed to its low power consumption, the longest wavelength, deepest penetration, and allowing over 90% of UV radiation to pass through the earth's atmosphere.

For instance, according to World Health Organization (WHO), a government agency of the United Nations (UN), UV-A has a longer wavelength than UV-B and UV-C and accounts for approximately 95% of UV radiation reaching the earth's surface.

In addition, such features increase the use of UV-A LEDs in curing applications including 3D printing, photolithography/photoresist, photostability, and other photochemical reactions, as well as forensic investigations

Global UV LED Market by Application type

The Global UV LED Market is segmented by Application into Light/UV Curing, Medical Field, Disinfection/Purification and Counterfeit Detection.

The disinfection/purification segment held the largest market share of the Global UV LED Market in 2022P.

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The individuals growing inclination toward the consumption of intensely treated or purified water due to increasing cases of water-borne diseases, such as giardia, microbial, and legionella across countries, resulting in increased adoption of UV LED water purification systems. In addition, such systems help in the prevention of bacteria and other microbiological pollutants.

The increasing government investments in water infrastructure to endorse clean water and resilient infrastructure as well as its effects on individuals across countries, is also driving the demand for UV LEDs for disinfection/purification.

Global UV LED Market by End-User

The Global UV LED Market is segmented by End-user into Healthcare, Residential, Industrial and Commercial.

The industrial segment accounted for the majority share of the Global UV LED Market in 2022P.

The growing demand for UV light therapy in the medical field for treating a variety of skin treatments/conditions such as psoriasis, eczema, vitiligo, and cutaneous T-cell lymphoma is supporting the demand for UV LEDs in the Industrial segment.

Furthermore, UV radiation on skin spots typically has a strong effect that stimulates skin metabolism and improves the skin's strength, which can help cure skin diseases, such as vitiligo and pityriasis rosea, and therefore in the medical industry, UV treatment now has more application areas.

Global UV LED Market by Geography

The Global UV LED market is segmented by geography into North America, Europe, Asia- pacific and LAMEA.

North America accounted for the largest market share in the global UV LED market in 2022P.

The growth is primarily attributed to the increased investment and development of advanced technologies, particularly in economically robust countries, including the United States and Canada.

The Asia Pacific region is expected to grow at the fastest CAGR during the forecasted period (2022P-2028), owing to the rising government initiatives to support the regional healthcare sector, particularly following the outbreak of the COVID-19 pandemic, with advancements in DNA analysis, protein synthesis, drug discovery, and vitamin analysis, all of which rely heavily on UV LEDs.

Competition Scenario in Global UV LED Market

The Global UV LED market is highly competitive, with ~500 players, including globally diversified players, regional players, and a large number of country-niche players, each with their emerging deep-UV (DUV) chip-scale technologies due to significant advancement, as well as increasing interest in the development and deployment of disinfection systems using compact devices that emit in the deep-UV spectral band with wavelengths ranging from 200 to 280 nm. The industry's ongoing progress in chip-scale solutions for deep-UV light sources is expected to drive demand for UV disinfection in the forthcoming years.

Country-Niche players control about ~65% of the market, while regional players hold a share of ~25%. Some of the major players in the market include Koninklijke Philips N.V., Nichia Corporation, Nordson Corporation, Phoseon Technology, SemiLEDs Corporation, Seoul Semiconductor Co. Ltd., Crystal IS, Inc., Lumileds Holding B.V., L.G Electronic, Sensor Electronics Technology and among others.
For more information on the research report, refer to the below link:

Global UV LED Market Size, Segments, Outlook, and Revenue Forecast 2022-2028: Ken Research

Saudi Arabia Facility Management Market is expected to reach more than $30 Bn by 2026: Ken Research

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Key Findings

• Residential units would be a major booming segment to focus on due to the rising younger population, ex-pats, government-sponsored affordable housing programs to the poor population.
• In future years, companies need to increase their service portfolio adding new building management, energy management services and other as per the changing demand patterns.
• Rapid real estate development in terms of smart city development, new infrastructure developments, and focus on tourism and hospitality promotion are the supporting factor for commercial facility management services revenue.

Focus on Green Building Management: Green buildings aim at increasing the efficiency of resource usage while minimizing their negative impact on humans and surroundings. Saudi Arabia Green Building Forum is a providing leadership and encouraging collaboration in conducting environmentally sustainable practices for green building design and development.

Inclusion in Real Estate Plans: Facility managers are consulted at the start of the design phase to provide feedback on effective utilization of project area, landscaping, fire and safety systems and lifecycle cost analysis of the building. International companies are forming a strategic alliance with local companies to penetrate the Saudi Market. Examples: Zamil group and International Maritime Industries launch OSV joint venture. The new joint venture would address the needs of the local market but also go beyond that and compete in the regional and international arena.

New Trends: Growing trend towards adopting sustainable practices is also expected to contribute positively to the demand for Facility management services. The share of Integrated Facility management (Total Energy management) would increase due to changes in customer preference, cost and operational efficiency. Growth in construction activities, banking, IT and telecommunication sectors have increased the demand for IFM services as more companies have begun outsourcing their non-core activities. Increasing number of multinational companies have begun outsourcing contracts for integrated facilities management.

Analysts at Ken Research in their latest publication “KSA Facility Management Market Outlook to 2026F- Driven by the government initiatives to promote Tourism along with Saudi Vision 2030 and infrastructure developments in the country” By Ken Research observed that Facility Management market is an emergent market in KSA at a rebounding stage from the economic crisis after pandemic. The rising government policies and demand for facility services, inclusion in real estate plans along with government initiatives is expected to contribute to the market growth over the forecast period. The market is expected to grow at a 7.8% CAGR during 2021-2026F owing to the rise in economy of the country, increasing consciousness towards looks and new government policies.

Key Segments Covered in the report

KSA Facility Management Market

• By Type of Services

• Soft Services
• Hard Services

• By Soft Services

• Housing keeping
• Security
• Landscaping
• Others

• By Hard Services

• Electromechanical Services (including HVAC)
• Operations and Maintenance Services
• Fire Safety and Security Systems

• By Service Type

• Integrated facility management (IFM)
• Bundled services
• Single services

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• By End User Sector
• Commercial (Includes Offices, retail, infrastructural)
• Residential
• Industrial

• By Personal Type
• Outsourced Personnel
• In-House 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:

• Al Yamama
• Aljahrary Overseas
• Zahran Operations & Maintenance
• Zamil Operations and Maintenance
• Almaja G4sl Facility Management
• Initial Saudi
• Safari
• ENOVA
• Nesma United
• Alborj Facility Managment
• Khidmaah
• Saudi Emcor (EFS)
• Musanadah Facilities Management (MFM) 
• El Seif (ESOM)

Key Topics Covered in the Report

• Saudi Arabia Real Estate Market Overview, 2021
• Major Real Estate Giga Projects in Saudi Arabia
• Saudi Arabia Facility Management Market Ecosystem
• Business Cycle, Genesis and Timeline of Saudi Arabia Facility Management Market
• Value Chain & Vendor Selection Process of KSA Facility Management Market
• Business Acquisition Process in Saudi Arabia Facility Management Market
• Saudi Arabia Facility Management Market Size, 2021
• Saudi Arabia Facility Management Market Segmentation, 2021
• SWOT Analysis of Saudi Arabia Facility Management Market
• Key Growth Drivers in Facility Management Market in Saudi Arabia
• Trends and Developments in Saudi Arabia Facility Management Market
• Major Challenges Faced by the Saudi Arabia Facility Management Market
• Competition Framework for Saudi Arabia Facility Management Market
• Future Outlook and Projections of the Industry, 2021-2026F
• Market Opportunities and Analyst Recommendations

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

KSA Facility Management Market Outlook to 2026F: Ken Research

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Qatar Facility Management Market Outlook to 2026F

Chile Facility Management Market Outlook to 2023

Vietnam Facility Management Market Outlook to 2023 

Japan Car Rental Market is forecasted to grow at a robust CAGR in the period of 2022P-2027F: Ken Research

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Japan Car Rental Market is in the growing stage, being driven by the increase in travel expenditure, rising demand for rental cars, increased internet and smartphone penetration, rising population and increasing demand from tourists for business and leisure purposes hiring rental cars. The Car Rental Industry in Japan is moderately consolidated with key players such as Toyota Rent-a-Car, Nippon Rent-a-Car, Orix Rent-a-Car, Times Car Rental and Nissan Rent-a-Car.

Key Findings:

• Japan Car rental market was valued at USD ~ in 2021 and is projected to grow to USD ~ by 2027, registering a CAGR of ~% in terms of revenue during the forecast period (2022P-2027F).
• Increase in tourism is will pave the way for the Car Rental Market in Japan.
• Number of car rented is expected to grow at ~% in the forecasted period of 2022P-2027F in Japan.

Rising Japan Car Rental Market: The Japan Car Rental Market is projected to show a significant growth of CAGR ~% in the forecasted period of 2022P-2027F, owing to the increase in travel expenditure, rising demand for rental cars, increased internet and smartphone penetration, rising population and increasing demand from tourists for business and leisure purposes hiring rental cars.

Rise in Internet and Smartphone Penetration: Increasing internet and smartphone penetration across the country is expected to drive the Car Rental Market in Japan further. The increased usage of mobile applications has resulted in the growth of online car rental reservations. This rise in the overall internet and smartphone usage is supposed to help boost the Japanese Car Rental Industry.

Rising Tourism in the Country: The rise in domestic and international tourism across the country is likely to act as a catalyst for the Japan Car Rental Market. Domestic spending made up to ~% of all tourism spending in 2021. Due to the country's growing travel and tourism industries, there is a significant increase in demand for Car Rental Services, which will lead to significant growth of the Japanese Car Rental Industry.

Analysts at Ken Research in their latest publication “Japan Car Rental Market Outlook to 2027F - By Market Structure (Organized and Unorganized), By Type of Vehicle (Small Cars/ Hatchbacks, Sedans, SUVs and Others) and By Booking Mode (Online and Offline)” observed that Japan Car Rental Market is expected to showcase considerable growth in the coming five years. In the upcoming years, it is predicted to expand more rapidly due to increase in travel expenditure, rising demand for rental cars, increased internet and smartphone penetration, rising population and increasing demand from tourists for business and leisure purposes hiring rental cars. The Car Rental Market in Japan is expected to grow at ~% CAGR over the forecasted period 2022P-2027F.

Key Segments Covered

     Japan Car Rental Market:

• By Market Structure
• Organized market
• Unorganized market

• By Type of Vehicles
• Small Cars/ Hatchbacks
• Sedans
• SUVs
• Others

• By ICE/EV
• ICE (Internal Combustion Engine)
• Electric Vehicles

• By Region
• Central
• South
• North

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• By Mode of Booking
• Online
• Offline

• By Client
• Business
• Leisure

• By Pick-up
• Off- Airport
• On-Airport

Key Target Audience

• Car Rental Service Providers
• Car Rental Companies aiming to establish in the Japan
• Japan automotive industries
• Government Bodies & Regulating Authorities
• Venture Capitalist targeting the car rental market
• Automotive industry association
• Car Manufacturers
• Existing Car Rental Companies
• OEM Dealerships
• New Market Entrants
• Investors
• Car Rental Associations

Time Period Captured in the Report:

• Historical Period: 2017-2022P
• Base Year: 2022P
• Forecast Period: 2022P– 2027F

Companies Covered:

• Toyota Rent-a-Car
• Nippon Rent-a-Car
• Orix Rent-a-Car
• Times Car Rental
• Nissan Rent-a-Car
• Smile Rental Car
• NicoNico Rent a Car
• JR Rent-a-Car
• Sky Rent-a-Car

Key Topics Covered in the Report

• Executive Summary
• Country Overview of the Japan
• Overview and Genesis of Car Rental Market in Japan
• Ecosystem of Japan Car Rental Market
• Business Cycle of Japan Car Rental Market
• Timeline of Major Players of Japan Car Rental Market
• Value Chain Analysis of Japan Car Rental Market
• Market Segmentations of Car Rental Market in Japan
• Snapshots on different Car Rental Markets in Japan
• SWOT Analysis of Japan Car Rental Market
• Growth Drivers of Japan Car Rental Market
• Government regulations of Japan Car Rental Market
• Trends and Developments of Japan Car Rental Market
• Challenges of Japan Car Rental Market
• End User Analysis of Car Rental Market in Japan
• Competitive Analysis of Car Rental Market in Japan
• Future Outlook and Projections of Car Rental Market in Japan
• Analyst Recommendations
• Research Methodology

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

Japan Car Rental Market Outlook to 2027F: Ken Research

Related Reports

Netherlands Car Rental Market Outlook to 2027F

Japan Car Rental Industry Analysis to 2017 - Increasing Growth in Off-Airport Segment

The Netherlands Logistics market is currently in the Growth stage owing to its central European location, Large Overseas Ports and Improved Transport Infrastructure: Ken Research

 Strategic geographic location with connected infrastructure and world-class seaports are driving the logistics market in the Netherlands

Advanced and Longest-established Logistics Markets: The Netherlands, with its approximately 17 million inhabitants, is one of Europe's most advanced and longest-established logistics markets, with a particularly high concentration of users and suppliers. The transport/logistics/communication sector accounts for nearly 10% of the nominal gross value added. Even the introduction of new supply chain hubs in Europe, EU enlargement, and Brexit have failed to change this. Because of its central European position, large overseas ports, and excellent transport facilities, the country is vital to European trade.

Powerful Logistical Infrastructure: The Netherlands has been one of Europe's undisputed leaders in the logistics support market segment. The big expansion of the nation's rail and highway facilities are reducing traffic congestion in majority of the areas, making previously underserved regions more appealing.

Technological and Skill Deterrents: In Netherlands, automation of processes is still in the embryonic stage and non-standardization in the industry due to its fragmentation further slows down the progress. Acceptance and adoption of technological advancements like RFID, tracking, warehouse management system, etc. can resolve the issues between domain requirement and IT. Besides this, there is lack of quality workforce in this sector, and the available skill set needs to be upgraded urgently.

Growing E-Commerce in the Country: With a powerful logistical infrastructure and a healthy and growing economy, E-commerce, both domestically and internationally, is on the rise. The rise of e-commerce in the country has increased the demand for logistics space. With the rapid growth of the e-commerce sector, the Netherlands market has seen an increase in the use of outsourced warehousing services. This increase has proven beneficial for the logistics market in the country. Therefore, during the forecast period, the cross-border segment of the e-commerce industry is expected to grow.

Analysts at Ken Research in their latest publication “Netherlands Logistics Market Outlook to 2027F - Segmented by Type of End Users by revenue (Food and Beverage, Industrial & Construction, Retail, Automotive and Engineering, and Others), Type of Warehousing Space (Tech/ Non-Tech, Organized/ Unorganized, and Racked/ Unracked), Type of Domestic/ International Shipments” observed that Netherlands’ Logistics market is in a growing phase. The speedy growth in the internet retailing market, increasing inflow of investment, some government initiatives, and increasing online shopping will lead to Netherlands Logistics market growth. It is expected that the Netherlands Logistics market will grow at a CAGR of ~% for the 2022-2027F forecasted period.

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Key Segments Covered

Netherlands Logistics Market:

• Netherlands Freight Market
• Netherlands Warehousing Market
• Netherlands Express and E-Commerce Market

Netherlands Freight Market:

By End-Users

• Food and Beverages
• Industrial & Construction
• Retail (Garment, Cosmetics)
• Automotive & Engineering
• Others (include telecom, Horticulture)

By Domestic/International

• Domestic
• International

By type of Mode

• Sea
• Road
• Air
• Rail

By 3PL/Integrated

• 3PL
• Integrated

By Type of Fleet

• Small Fleet Operators
• Medium Fleet Operator
• Large Fleet Operators

Netherlands Warehousing Market:

By Warehouse Space

• Tech Enabled Warehouse Space
• Non-Tech Warehouse Space

By Warehouse Space

• Organized Warehouse Space
• Unorganized Warehouse Space

By Warehouse Space

• Racked Warehouse Space
• Unracked Warehouse Space

By Business Model

• Industrial / Retail
• ICD/ CFS
• Cold Storage

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By Area

• Closed
• Open

By 3PL/Integrated

• 3PL
• Integrated

By End-Users

• Food and Beverages
• Industrial & Construction
• Retail (Garment, Cosmetics)
• Automotive & Engineering
• Others (including telecom, Horticulture)

By Region

• Breda
• Tilburg
• Eindhoven
• Venlo

Netherlands Express and E-Commerce Market:

By Domestic/International

• Domestic
• International

By Business Model

• B2B
• B2C
• C2C

By Type of Shipment

• Same Day
• Next Day
• Two Days
• More than 2 Days

Key Target Audience

• E-commerce Companies
• Third-Party Logistic Providers
• Potential Market Entrants
• Freight Forwarding Companies
• Warehousing Companies
• Cold Storage Companies
• Industry Associations
• Consulting Agencies
• Government Bodies & Regulating Authorities

Time Period Captured in the Report:

• Historical Period: 2017-2022P
• Base Year: 2022P
• Forecast Period: 2022P – 2027F

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Companies Covered:

• Deutsche Post DHL Group
• DSV Panalpina
• Kuehne + Nagel Logistics B.V.
• XPO Logistics
• CEVA Logistics Netherlands B.V.
• DB Schenker
• RHENUS Logistics
• MAINFREIGHT
• Ewals Cargo Care
• Vos Logistics Beheer B.V.
• Bleckmann
• Bakker Logistiek
• Kloosterboer
• United Parcel Service Nederland B.V.
• Jan de Rijk Logistics
• Simon Loos
• Neele-Vat Logistics
• Hoyer Nederland B.V.

Key Topics Covered in the Report:

• Logistics Infrastructure in the Netherlands: (Airports, Seaports, Rail Network and Road)
• Netherlands Logistics Market Size
• Netherlands Freight Market
• Value Chain Analysis of the Freight Market
• Netherlands Freight Market
• Netherlands Freight Market Segmentation
• Netherlands Warehousing Market
• Netherlands Warehousing Market Size
• Netherlands Warehousing Market Segmentations
• Netherlands Express and E-Commerce Market
• Netherlands Express and E-Commerce Market Segmentation
• Cross Comparison between Major Logistics Companies (Est. Year, Head office, Services, Industries Catered, Revenue FY’22, Employees, type of Fleet, Clients, no of Warehouses, Occupancy rate, type of Warehouses.)
• Cross Comparison between Major CEP Companies (Est. Year, Head office, annual shipment delivered, domestic & international split, employees, fleet size, clients, no of warehouses, shipment split, key technologies, future strategies.)
• Analyst Recommendation

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

Future Outlook of Netherlands Logistics Market

Related Reports by Ken Research: –

USA Logistics Industry Outlook to 2026

Australia Logistics Market Outlook to 2025

Germany E-Commerce Logistics Market Outlook to 2026F

The UAE Health-Tech market acquired significant momentum due to the pandemic and is poised for growth in the near future: Ken Research

 1. UAE Health-Tech Market has grown at a CAGR of 57 % in 2021 and was fuelled by the Covid-19 pandemic

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The UAE Health-Tech market witnessed a quite robust growth in recent years. A steady uptick can be seen over the period 2018-2021. The overall market grew at a CAGR of 57.2% with a major portion of the market being dominated by the Healthcare IT systems. The main growth drivers were:

• COVID-19 has led to a change in consumer preference and priority for Health tech products in the UAE.
• Abu Dhabi Health Services is implementing an electronic Medical Record across 14 hospitals and 65 clinics. Patient Data will drive efficiency and reduce duplicate procedures
• Fuelled by the development of integrated technologies traditionally found in the clinic, e.g. blood pressure, blood sugar or wound management tools that are connected electronically to the PHR or EMR.
• Increasing tendency of self-diagnosis among the population and higher affordability over the online platforms with inclusive tax relaxations, and subscription based benefits further drives the growth of the UAE e-pharmacy market.

2. The Health Tech market is yet to experience the entry of multiple domestic and international players and is expected to mature and consolidate in the near future

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Various segments of UAE Health tech market such as E-pharmacy, Online consultation & Health IT Solutions vary between being highly concentrated to moderately concentrated. When it comes to e-pharmacy, smartphones are expected to act as point-of-care and home health diagnostic tools for conditions such as urinary tract infections or diabetic eye disease while IoT connected devices, cloud based algorithms, and quantum computing can enable real-time diagnosis and insights. In online consultation, development of holistic platforms which are expected to cover a wide range of services including doctor consultation, prescription and report management, diagnostics, e-pharmacy, wellness and disease management services is also going to be seen. Moreover, in Health IT solutions, improved data storage and handling, data ownership, liability of various stakeholders are some probable future trends.

3. Telemedicine, AR & VR, blockchain, Artificial Intelligence, machine learning, and the use of data are some of the trends that are going to shape the health-tech market in the coming years

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The UAE Health-Tech Market is expected to witness a steady, robust growth over the next few years, driven mostly by technological innovations like artificial intelligence, machine learning & data usage. Emergence of the teleconsultation platform ecosystem enabled by mobile medical units and intermediaries for access, adoption and scalability, AI will prove to be a vital tool in identify patterns which will generate more insights and make health tech companies more efficient in terms of handling and manufacturing & VR environments that help train people to deal with mental health issues such as Bipolar Disorder, Post Traumatic Stress Disorder & stroke patients resolve motor deficits are some key trends that will most probably shape the future. Healthcare IT Solutions is expected to hold the largest market share while online consultation will probably hold the smallest share.

Future Outlook of France Remittance Market: Ken Research

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Digital Remittance: Digital remittance is well-defined as one of the maximum powerful monetary solutions that can have the impending to cause positive advancement in the local and worldwide regions. The significant increment in smartphone penetration, deduction in the remittance cost and transfer duration, and growth in the implementation of banking and financial services combined with the growing amount of digital-savvy consumers choosing digital remittances is predicted to propel the market over the review duration.

Sustained Innovation on the Behalf of Banks: The continuous enlargement of remittances in recent past years has been encouraged by the sustained innovation on the behalf of banks, money transfer corporates, MTO’s and several other financial associations which deliver remittance services to overseas workers. Mainstream of money remittances received by the overseas households are directed through commercial banks and MTO’s.

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Increasing Payments through Mobile: The growth in the payment automation and digitalization is predicted to generate the growth opportunities for market over the review duration. Furthermore, growing amount of economic migrants traveling from the underdeveloped regions to developed economies in search of better work choices is anticipated to underwrite to market growth. Therefore, in the coming years, it is anticipated that the market of remittance will increase around the globe more progressively over the near future.

Surging Landscape of Blockchain Technology: The technologies is playing significant role in Asia Pacific remittance industry and its usage of technologies in this industry will lead to significant growth across the globe. The technology of Blockchain is very much prominent in this market as this eliminates the middle man leading to less time consumption and cost Effectiveness. With the help of this technology anyone can easily transfer the money from one country to another country without any hesitation without wasting much time.

Analysts at Ken Research in their latest publication “France Remittance Market Outlook to 2027F - By Inbound & Outbound Remittance, By Banking and Non-Banking Channel, By Inflow & Outflow Remittance Corridors” provides a comprehensive analysis of France’s Remittance Market including market evolution, overview, genesis, market size and market segmentations. Extensive focus has been placed in quantifying the transaction value and volume. The report covers aspects such as market segmentation (by channels used and by top flow corridors) and a descriptive snapshot on the Bill Payments Market in France.

Key Segments Covered in the report: -

France Remittance Market

By Inbound Remittance Flow Corridor

On the Basis of Channels (Volume of Transactions)

• Banking channels
• MTOs
• M-Wallets
• Others

On the Basis of Inflow Countries (By Value of Transactions)

• Italy
• Poland
• Portugal
• Romania
• United Kingdom
• Other EU-28 Countries

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By Outbound Remittance Flow Corridor

On the Basis of Channels (Volume of Transactions)

• Banking channels
• MTOs
• M-Wallets
• Others

On the Basis of Outflow Countries (By Value of Transactions)

• Germany
• Spain
• France
• Italy
• United Kingdom
• Other EU-28 Countries

By Point of Contact (By Volume)

• Branch Pick-up
• Mobile Payment & Online Transactions
• Prepaid Cards

By Flow Corridors (By Volume)

• Asia
• North Africa
• South America
• Central & South Africa
• Non-EU Countries
• North America
• Central America
• Near & Middle East
• Oceania

Key Target Audience

• Banks
• Money Transfer Operators
• M-Wallet Companies
• Hawalas
• Convenience and Retail Stores
• Supermarket Chains
• Bills and Payments Companies
• Investors & Venture Capital Firms
• Government Bodies

Time Period Captured in the Report:

• Historical Period: 2017-2021
• Base Period: 2022
• Forecast Period: 2023-2027F

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Companies Covered:

• HSBC Bank
• Lloyds Bank
• BNP Paribas
• Barclays Plc
• Deutsche Bank
• Bank of China
• Credit Agricole
• BBVA Dinero Express
• Unicredit Banca
• Western Union
• Money Gram
• Ria Money Transfer
• Transferwise
• UAE Exchange
• World Remit
• Metro Remittance
• Azimo
• RemitGuru
• Xoom by Paypal
• Skrill
• Neteller
• Postbank
• La Poste and PosteItaliane

Key Topics Covered in the Report

Market Ecosystem
Market Overview
Market Size on the Basis of Transaction Value
Market Size on the Basis of Transaction Volume
Market Size on the Basis of Average Transaction Size
Market Segmentation by Remittance Channels (Volume of Transactions)
Outbound Remittance Market Segmentation by Remittance Channels (Volume of Transactions)
Inbound Remittance Market Segmentation by Remittance Receiving Countries (Value of Transactions)
Outbound Remittance Market Segmentation by Remittance Sending Countries (Value of Transactions)
Inbound Remittance Market Segmentation by Point of Contact (Volume of Transactions)
Market Segmentation by Top Flow Corridors (Value of Transactions)
Snapshots of France Payments Market
Regulatory Landscape in France Remittance Market
Decision Making Process and Pain points in France Remittance Market
SWOT Analysis in France Remittance Market
Competition Scenario in France Remittance Market
Strengths and Weaknesses of Major Players in France Remittance Market
Company Profile of Major Players
Future Outlook and Projections
Analyst Recommendations

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Future Outlook of France Remittance Market

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Boost in Tourisms, increasing on-demand services and various Government Initiatives are the major driver of the Egypt car rental market: Ken Research

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Driven by the various initiatives by the government for increasing the travel and tourism industry and increasing internet penetration, boost in tourism sector, the car rental market in Egypt has ample growth potential in the coming years.

Boost in Tourism: The Egypt car rental market is currently expanding. The pandemic has caused a precipitous drop, which has had a negative impact, but with the reopening of the travel industry, the tourism sector is expected to grow with the inflow of tourists. Furthermore, the growing number of foreign tourists in the country will drive the Egypt car rental market. Furthermore, the rise in consumer disposable income, combined with the influence of a high standard of living and increased spending on luxury travel, is propelling the Egypt car rental industry.

The growing trend of on-demand transportation services: In recent years, the impact of technological advancements has revolutionized the industry. The increasing use of smartphone-based online rental car booking apps is significantly contributing to market growth. With the help of online booking mobile applications for the convenience of customers, companies in the market have been able to capture a large customer base.  On-demand ride services enables users to compare locations and prices of nearby taxi, car-sharing, and ride-hailing companies in one app. Furthermore, factors such as the growing trend of on-demand transportation services and the low rate of car ownership among millennials have fueled the growth of the Egypt car rental market.

Covid-19 Impact on Car Rentals: The pandemic had a negative impact on market growth due to a halt in activities as a result of the lockdowns and travel and transportation restrictions imposed by the Egypt government to combat the spread of the coronavirus. Furthermore, as the tourism industry, both international and domestic suffered a significant blow as a result of the pandemic, demand for car rentals decreased, as car rental services are widely used by tourists.

Analysts at Ken Research in their latest publication “Egypt Car Rental Market Outlook to 2027F - Driven by Increasing Internet penetration, On-Demand Services, boost in tourism and Government Initiatives in infrastructure” observed the potential of the Car Rental Market in Egypt. With the boost in tourism sector in Egypt, increasing trend for On- Demand services, rising internet penetration along with government initiatives on infrastructure and electric vehicles are expected to contribute to the market growth over the forecast period. The Egypt Car Rental Market is expected to grow at ~% CAGR over the forecasted period 2022-2027F.

Key Segments Covered:-

Egypt Car Rental Market

By Market Structure, 2022 & 2027F

Organized market

Unorganized market

By Type of Vehicles, 2022 & 2027F

Small Cars/ Hatchbacks

Sedans

SUVs

Others

By ICE/EV, 2022 & 2027F

ICE (Internal Combustion Engine)

Electric Vehicles

By Cities, 2022 & 2027F

Cairo

Alexandria

Giza

Qalyubia

Port Said

Suez

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By Mode of Booking, 2022 & 2027F

Online

Offline

By Time Duration, 2022 & 2027F

Long

Short

By Pick-up, 2022 & 2027F

Off-Airport

On-Airport

Key Target Audience:-

Car Rental Service Providers

Car Rental Companies aiming to establish in Egypt

Egypt’s automotive industries

Government Bodies & Regulating Authorities

Venture Capitalist targeting the car rental market

Automotive industry association

Car Manufacturers

Existing Car Rental Companies

OEM Dealerships

New Market Entrants

Investors

Car Rental Associations

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Time Period Captured in the Report:-

Historical Year: 2017-2022

Base Year: 2022

Forecast Period: 2022– 2027F

Companies Covered:-

Kayak

Sixt

Europcar

Avis Rent a Car System LLC

Locanfy

Bikebookig.com

TruKKer Holding

Reftruck Egypt

Enterprise Holdings, Inc.

VIPCars.com

Key Topics Covered in the Report:-

Overview, Operating Models and Company Profile of the Automotive Industry in the Egypt, 2022

Overview and Genesis of Car Rental Market in Egypt, 2022

Ecosystem of Egypt Car Rental Market

Business Cycle, Timeline, and Value Chain Analysis of Car Rental Market in Egypt

Egypt Car Rental Market Sizing, 2017- 2022P

Market Segmentations of Car Rental Market in Egypt (by Market Structure, by Type of Vehicle, by ICE/ EV, by Mode of Booking, by Pick-up, by Client, by cities), 2022

SWOT Analysis of Egypt Car Rental Market

Growth Drivers of Egypt Car Rental Market

Government regulations of Egypt Car Rental Market

Government Incentives and Policies on Electrification in Egypt

Trends and Developments of Egypt Car Rental Market

Challenges of Egypt Car Rental Market

Competitive Analysis of Car Rental Market in Egypt

End User Analysis of Car Rental Market in Egypt

Future Outlook and Projections of Car Rental Market in Egypt, 2022-2027F

Market Opportunities and Analyst Recommendations

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

Egypt Car Rental Market

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Netherlands Car Rental Market Outlook to 2027F

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France Used Cars Market Outlook to 2027

Future Outlook of France Used Cars Market: Ken Research

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Focus on Embracing Digitization, New Government Policies and Entry of Online portals in the market are major factors contributing towards the development of Used Car Market in France.

Digitization in Sale of Used Cars: Online sales have emerged as a critical market growth factor. Online penetration by dealership companies has played an important role in allowing customers access with a single click. The existence of such developments resulted in a cumulative growth in demand for used cars. AUTO1.com, one of the largest wholesale used car platforms, seeing a year-over-year increase of more than 100 per cent in B2B trading of battery-electric (BEV), plug-in-hybrid (PHEV), and hybrid vehicles (HEVs), totalling more than ~ unit sales.

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Introduction of EV Models: Increased investment in the electric segment is also one of the key reasons, which positively impacts the market demand. With the availability of a supply chain network for used cars in the market, significant traction in terms of volume sales is expected. EVs are making their way into the used car market in greater numbers. In terms of selling at least one EV unit in 2021, French dealers contribute around 32 per cent in the EU countries.

Government Regulations: French law states that you must declare the sale of your used car by correctly completing a document entitled a declaration de cession dune vehicle. This needs to be completed irrespective of the value or age of the vehicle. The old document had three pages: one for the seller, one for the buyer and one for your local préfecture. The new version now has just two pages: one for the seller and one for the buyer. Your local prefecture no longer plays any role in this process. Instead, l’Agence Nationale des Titres Sécurisés (ANTS) performs this function. These clear specifications in the government rules and regulations is expected to positively impact the used car market in France.

Analysts at Ken Research in their latest publication “France Used Car Market Outlook to 2023 – Surge in Demand for Rental Cars Backed by Increased Online Used Car Sales” by Ken Research observed that the used car market is an emerging automotive market in France at rebounding stage from the economic crisis after the pandemic. The rising government policies and demand for the used car industry, increase in disposable income along with rising online platforms for used cars is expected to contribute to the market growth over the forecast period. The market is expected to grow at ~% CAGR during 2021-2026F owing to an increase in prices of new cars, a rise in demand for used cars and government initiatives.

Key Segments Covered in the report: -

      France Used Car Market

By Type of Market Structure

• Organized Channel
• Unorganized Channel
• OEM Certified Franchise Dealers
• Multi Brand Dealers
• DDSA
• C2C Transaction
• Local Dealership
• Auction Companies

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By Type Of Car

• Sedan
• Hatchback
• SUV
• Van
• Crossover
• Others

By Age of Vehicle

• 0-2 years
• 2-4 years
• 4-6 years
• 6-8 years
• 8-10 years
• More than 10 years

By Kms Driven and Type of Fuel Engine

• Less than 5,000 km
• 5,000-20,000 km
• 20,000-50,000 km
• 50,000-80,000 km
• 80,000-120,000 km
• Above 120,000 km

Key Target Audience

• Offline Dealers
• Online Portal
• Organized Multi Brands Dealers
• OEM Certified Dealerships
• Online Portal
• Private Equity and Venture Capitalist
• Industry Associations
• OEM Manufacturers
• Automotive Manufacturers
• Car Auction Companies
• Car manufacturing Companies
• Tourism Agencies
• Government Bodies & Regulating Authorities

Time Period Captured in the Report:

• Historical Period: 2017-2021
• Base Period: 2022
• Forecast Period: 2023-2027F

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Companies Covered:

Online Companies Covered:

• Aramisauto
• Autoscout24
• La Centrale
• Paru Vendu
• Leboncoin
• BYmyCAR
• Auto-selection

 Offline Companies Covered:

• Emil Frey France
• Geudet
• BYmyCAR
• Bernard Automobiles
• Car Avenue
• Maurin
• Jean Rouyer Automobiles

Key Topics Covered in the Report

• Introduction to France Used Car Market
• France Used Car Market Size, 2017-2022
• France Used Car Market Segmentation
• Trends and Developments in France Used Car Market
• Issues and Challenges in France Used Car Market
• Used Car Market Supply Chain
• France Used Car Auction Market
• Online Comparative Landscape in France Used Car Market
• Offline Comparative Landscape in France Used Car Market
• Government Regulations in France Used Car Market
• Business Model in Online Used Car /Market
• Working Model in France Used Car Market
• Case Study- Dutch Renault Dealer Group- How To Sell Off The Old Stock In The Inventory?
• France Used Car Market Future Outlook and Projections, 2023-2027F
• Analyst Recommendation for France's Used Car Market

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Future Outlook of France Used Cars Market

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Saudi Arabia Used Car Market Outlook to 2026F

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Future Outlook of Belgium Agriculture Machinery Market: Ken Research

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Driven by rising awareness of advance equipment, increasing demand for agriculture equipment rental services along with strong government support, the agriculture machinery market in Belgium has ample growth potential in the coming years.

Strong Government Support: The Government of Flanders (Belgium) has contributed EUR ~ million with the signing of a new agreement with the Food and Agriculture Organization of the United Nations (FAO) to bolster the implementation of the new phase (2022P-2025) of FAO’s Flexible Voluntary Contribution (FVC), previously known as the Flexible Multi-partner Mechanism (FMM). The contribution of non-earmarked funds to the FVC allows FAO to support innovation, strengthen capacities, build partnerships and create synergies through cross-sectoral integration, and fulfil the promise for better production, a better nutrition, a better environment and a better life.

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Rising Awareness for Advance Equipment’s: With the rising awareness for advance equipment’s surges the demand for planting and fertilizing equipment instead of manual planting and fertilizing techniques. Equipment’s like Sprayers & self-propelled spreaders which deliver more organized & faster operation along with covering a huge area each day, numerous types of sprayers that are machine-operated and equipped with low-pressure, high-pressure, fogger, and air-carrying variants like manual, tractor-mounted, and aerial versions. These new equipment’s offer many benefits to the modern farmer, ensuring greater operational flexibility. These machines ensure even distribution of nutrients and protectants which helps to reduce overall costs and improves crop yields.

Demand for Rental Services: Agricultural equipment rental service is being driven mostly by the need to ease farmers' financial burdens rises due to pandemic and to provide better equipment to the farmer for better yield and productivity to meet the market demand and provide a quality product. Also, Larger farming tools like tillage equipment, mower conditioners, and forage harvesters are not only more expensive but also take longer to produce the required outcomes. As a result, renting farm equipment is offering a better alternative to farmers, thus fueling the Belgium agriculture equipment market.

Analysts at Ken Research in their latest publication “Belgium Agriculture Machinery Market Outlook to 2027F – Segmented by Agriculture Tractor Market (By Type: 2W and 4W Tractors, By Power: 8HP-15HP, 20HP-35HP, 36HP-47HP, 48HP-75HP, 75HP-100HP, 100HP-120HP and Above 120HP), Combine Harvester Market (By Power: 70HP & Below, 75HP-105HP and Above 105HP), By Rice Transplanters (By Rows: 4Row, 6Row and 8Row)” observed the potential of the agriculture machinery Market in Belgium. With the rising awareness for the advance equipments, increasing demand for agriculture equipment rental services, use of smart farming, and integration of Agriculture 4.0 along with strong government support are expected to contribute to the market growth over the forecast period. The Belgium Agriculture Machinery Market is expected to grow at ~% CAGR over the forecasted period 2022P-2027F.

Key Segments Covered: -

 

Belgium Agriculture Machinery Market:

By Product, 2022P & 2027F:

• Tractors (2 Wheel and 4 Wheel)
• Combine Harvesters
• Agriculture Implements
• Rice Transplanters

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By Tractors, 2022P & 2027F:

• 8HP – 15HP
• 20HP – 35HP
• 36HP – 47HP
• 48HP – 75HP
• 75HP – 100HP
• 100HP – 120HP
• Above 120HP

By Combine Harvesters, 2022P & 2027F:

• 70HP and Below
• 75HP – 105HP
• Above 105 HP

By Rice Transplanters, 2022P & 2027F:

• 4 Row RT
• 6 Row RT
• 8 Row RT

Key Target Audience

• Existing Agricultural Machinery Companies
• New Market Entrants - Domestic OEMs
• New Market Entrants - Foreign OEMs
• Agricultural Machinery Financing Companies
• Government Bodies
• Investors & Venture Capital Firms
• Agricultural Machinery Manufacturers
• Agricultural Machinery Distributors
• Agricultural Machinery Associations

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Time Period Captured in the Report:

• Historical Year: 2017-2021
• Base Year: 2022P
• Forecast Period: 2022P– 2027F

Companies Covered:

• MTZ (Minsk Tractor Factory)
• New Holland
• ASI
• Oliver Farm Equipment Company
• John Deere
• Kuhn

Key Topics Covered in the Report

• Overview, Operating Models and Company Profile of the Automotive Industry in the Egypt, 2022P
• Ecosystem of Belgium Agriculture Machinery Market
• Business Cycle, Timeline, and Value Chain Analysis of Agriculture Machinery market in Belgium
• Belgium Agriculture Machinery Market Sizing, 2017- 2022P
• Market Segmentations of Belgium Agriculture Machinery Market by Agriculture Tractor Market (By Type: 2W and 4W Tractors, By Power: 8HP-15HP, 20HP-35HP, 36HP-47HP, 48HP-75HP, 75HP-100HP, 100HP-120HP and Above 120HP), Combine Harvester Market (By Power: 70HP & below, 75HP-105HP and Above 105HP), By Rice Transplanters (By Rows: 4Row, 6Row and 8Row)
• SWOT Analysis of Belgium Agriculture Machinery Market
• Growth Drivers of Belgium Agriculture Machinery Market
• Government regulations of Belgium Agriculture Machinery Market
• Government Incentives and Policies Agriculture machinery in Belgium
• Trends and Developments of Belgium Agriculture Machinery Market
• Challenges of Belgium Agriculture Machinery Market
• Competitive Analysis of Agriculture Machinery Market in Belgium
• End User Analysis of Agriculture Machinery Market in Belgium
• Future Outlook and Projections of Agriculture Machinery Market in Belgium, 2022P-2027F
• Market Opportunities and Analyst Recommendations

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Future Outlook of Belgium Agriculture Machinery Market

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Thailand Agricultural Machinery Market Outlook to 2025

Indonesia Used Tractor Market Outlook to 2027