Global Remote Patient Monitoring Market: Ken Research

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Global Remote Patient Monitoring Market by Geography

North America dominated the market during the forecast period owing to the demand for remote patient monitoring devices from hospitals and clinics, the rising prevalence of cardiovascular disease and home healthcare in the USA, and an increase in the country's elderly population.

With a renewed perspective on remote patient monitoring, the COVID-19 epidemic has transformed the landscape of healthcare delivery in the North American region.

The main drivers of the RPM market's growth in North America are the rising geriatric population, rising prevalence of various chronic diseases among the populace, increased consumer disposable income, increased adoption rates of cutting-edge technologies in the healthcare sector, presence of developed healthcare infrastructure, and increased awareness of RPM systems.

Competition Scenario in Global Remote Patient Monitoring Market

The global remote patient monitoring market is highly competitive with ~300 players, which include globally diversified players, regional players as well as a large number of country-niche players that have their niche in digital technologies in the healthcare industry for multiple end-users.

Country-niche players hold the largest market share, while regional players hold the second largest share. Some of the major players in the market include Aerotel Medical Systems (1998) Ltd, Koninklijke Philips N.V., Boston Scientific Corporation, General Electric Company, Nihon Kohden Corporation, Medtronic Plc, Masimo, Abbott, Johnson & Johnson Services, Inc, OMRON Healthcare, Inc., and others.

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The leading global specialist companies such as Aerotel Medical Systems (1998) Ltd, Boston Scientific Corporation, Nihon Kohden Corporation, Medtronic Plc, Masimo, and Abbott are highly focused on providing significant digital technologies in the healthcare industry for various applications that can be used across multiple industries.

What Is The Expected Future Outlook For The Overall Global Remote Patient Monitoring Market Across The Globe?

The Global Remote Patient Monitoring market was valued at USD ~billion in 2022 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 Remote Patient Monitoring Market is driven by the rising usage of digital technologies in the healthcare sector. However, the market is also constantly being influenced by rapid development in technology, product innovation, and diversification in some countries.

In 2020, Koninklijke Philips and the American Telemedicine Association (ATA) announced a partnership (US). The usage of telehealth in acute, post-acute, and home care settings has expanded as a result of this collaboration.

The market for remote patient monitoring is anticipated to continue growing at a substantial rate of ~12% owing to the advantages of RPM to lessen the strain on medical resources, monitoring advantages of telehealth and Global Remote Patient Monitoring Services, technological advancements in telecommunications, rising geriatric population, and the growing need to increase healthcare access are the main factors influencing the market growth. The demand for the latest advancements in the healthcare sector is escalating as a result of growing government initiatives and investments to create a strong and advanced healthcare infrastructure. The adoption of RPM systems across various market is also being driven by rising investments in the digitalization and automation of healthcare units in order to improve the operational efficiency of the healthcare units.

Though the market is highly competitive with ~300 participants, few global players control the dominant share and regional players also hold a significant share.

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By Component Type

• Devices

• Software & Services

By Product

• Vital Sign Monitors

• Special Monitors

By Application

• Cancer

• Cardiovascular Diseases (CVD)

• Diabetes

• Sleep Disorder

• Weight Management & Fitness Monitoring

• Bronchitis

• Infections

• Virus

• Dehydration

• Hypertension

• Others

By End-user

• Hospitals and Clinics

• Home Care Settings & Long Term Care Centers

• Ambulatory Care Centers

• Passive Exoskeletons

• Payers

• Patients

• Others

By Geography

North America

• USA

• Canada

• Mexico

• Europe

• Germany

• UK

• France

• Spain

• Italy

• Rest of Europe

Asia Pacific

• China

• Japan

• South Korea

• India

• Indonesia

• Australia Rest of Asia Pacific

LAMEA

• Latin America

• Middle East

• Africa

Key Players

• Aerotel Medical Systems (1998) Ltd

• Koninklijke Philips N.V.

• Boston Scientific Corporation

• General Electric Company

• Nihon Kohden Corporation

• Medtronic Plc

• Masimo

• Abbott

• Johnson & Johnson Services, Inc

• OMRON Healthcare, Inc.

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Global Remote Patient Monitoring Market: Ken Research

Global Power Tools Market Size, Segments, Outlook, and Revenue Forecast 2022-2028: Ken Research

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Competition Scenario In Global Power Tools Market

The global power tools market is highly competitive with ~300 players which include globally diversified players, and regional players as well as a majority number of country-niche players having their niche in power tools manufacturing and dispensing to multiple end-user industries.

Country Niche players held the largest market share by type. While large global players control about 10% of the market share by type. Some of the major players in the market include Robert Bosch GmbH, Makita Corporation, Hilti Corporation, Techtronic Industries Co. Ltd., 3M, Ingersoll Rand, Stanley Black & Decker, Inc, Snap-On Incorporated, Atlas Copco, KYOCERA Industrial Tools Corporation, and others.

What is the Expected Future Outlook for the Overall Global Power Tools Market Across the globe?

The Global Power Tools market was valued at USD ~billion in 2022 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 Power Tools market is driven by factors such as growing automotive industry, and rising adoption of power tools in households as an increasing trend towards do-it-yourself (DIY). However, the market is also constantly being influenced by rapid development in technology, product innovation, and diversification in some countries.

The Global Power Tools market is also widely impacted by the new innovations and development. For instance, In January 2022, Hilti launched Nuron a new cordless platform that radically simplifies work on construction sites, enhances tool park management, and drives performance to much higher levels. Nuron is based on a single battery system that covers all relevant applications from lightweight to heavy weight.

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In October 2021, Stanley Black and Decker partnered with specialty materials provider Eastman to advance sustainability in the power tools industry. Black+Decker, a Stanley Black & Decker Brand, will be releasing a new product line, reviva, offering the brand’s first sustainability-led power tools that utilize Eastman’s Tritan Renew copolyester.

The global power tools market witnessed significant growth during the period 2017-2022, the rising automotive industry, the construction industry, and increasing adoption of power tools in households as DIY. The growth rate is expected to remain significant during the forecast period. Though the market is highly competitive with ~300 participants, the majority of country niche players dominate the market share by type, and global players also hold a significant share.

Market Taxonomy

By Product

• Drills
• Saws
• Wrenches
• Grinders
• Sanders
• Others

By Mode of Operation

• Electric
• Pneumatic

By End-User

• Industrial
• Residential

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By Geography

• North America
  • USA
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • France
  • Spain
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • South Korea
  • India
  • Australia Rest of Asia Pacific
• LAMEA
  • Latin America
  • Middle East
  • Africa

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Global Power Tools Market

UAE Auto Finance Market is expected to get doubled, generating USD ~100 Bn by 2026F owning to the Potential for Fintech Growth, Growing Digital Advancement, Increase in Private Car Services and Government Initiatives: Ken Research

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• Growing Digital Advancements and Increasing Number of Finance Aggregators are driving UAE Auto Finance Industry – expected to grow at a CAGR of ~17%.
• UAE Auto Finance Market is fragmented in nature with around 8+ major lenders (Banks, NBFCs. Captives) holding major market share.
• UAE Auto Finance Industry is expected to witness good growth in future owing to reasons such as Increasing Population, growing income levels, new and innovative business models and more.

Potential for Fintech Growth:  The Emirates has established fintech adoption and growth as its central national priority, shaping the path for digital financial services to become a profound innovation that would modernize the region’s financial status. Fintech in the UAE will be a phenomenal sector reflecting the nation’s regional progress.

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Growing Digital Advancements: Dealers wants to reach online-first car shoppers by investing in an all-encompassing digital marketing solution that leverages mobile, location, and social media. Automotive Financing Companies are increasingly moving towards higher technological advancements to improve operational profits as well as customer experience like, smartTRADE, a Shariah Compliant trade platform designed to facilitate fast and efficient Trade Finance transactions that reduce turnaround time, save operating costs and make international trade financing easy, efficient and secure. Furthermore, Most of the Business Banking active customer base have been on-boarded on “businessONLINE”- the all-new and state-of- the-art comprehensive online banking platform and mobile app, designed for SMEs & Corporate Clients.

Increase in Private Car Services: Large number of people in the UAE are now preferring privately hired cars, as the increase in the oil prices, traffic fines, unavailability of auto parts has resulted in the lower number of potential buyers, leading to a potential increase in the financing of private car services in future. Furthermore, there is also increase in the green car loans, Electric vehicles are an emerging segment in the UAE, as the leading the way for green loans in the country.

Analysts at Ken Research in their latest publication “UAE Auto Finance Market Outlook to 2026F - Driven by growing digital penetration, evolving vehicle ownership characteristics and rebates by the Government amidst systematically regulated vehicle ownership and financing policies by the regulatory authorities” by Ken Research observed that UAE Auto Finance Market is in the growing phase. The Potential for Fintech Growth, growing digital advancement, rising automobile demand, flexible model of financing and government initiatives, are some of the factors that will contributed to the UAE Auto Finance market growth over the period of 2021-2026F. It is expected that UAE Auto Finance Market will grow at a CAGR of ~17% for the above forecasted period.

Key Segments Covered:-

UAE Auto Finance Market

 By Category of Lenders (by Credit disbursed), 2021 & 2026F

• Captive Financing Companies
• Universal and Commercial Banks
• NBFCs

By Type Of Vehicles (by Credit disbursed), 2021 & 2026F

• Two Wheelers
• Three Wheelers
• Four Wheelers

By Type of Ownership (by Credit disbursed), 2021 & 2026F

• Used Cars
• New Cars

By Category of Vehicles (by Credit disbursed), 2021 & 2026F

• Passenger Vehicles
• Commercial Vehicles

By Duration of Loan (by Credit disbursed), 2021 & 2026F

• 12 – 14 months
• 25 – 48 months
• 49 – 60 months

Key Target Audience:-

• Banks and its Subsidiaries
• NBFCs
• Captive Finance Companies
• Government and Institutions
• Automobile Companies
• Car Dealers
• Government and Institutions
• Existing Auto Finance Companies
• OEM Dealerships
• New Market Entrants
• Investors
• Auto mobile Associations

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Time Period Captured in the Report:-

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

Companies Covered:-

• Dubai Islamic Bank
• Commercial Bank of Dubai
• Emirates NBD
• HSBC
• Noor Bank
• Abu Dhabi Islamic Bank
• Al Hilal Bank
• Ajman Bank
• ADCB Islamic Bank
• Arab Bank
• RakBank
• Sharjah Islamic Bank
• Emirates Islamic Bank
• First Abu Dhabi Bank
• Mashreq Bank
• Dunia Finance
• Reem Finance
• Siraj Finance
• Finance House
• Dubai First

Key Topics Covered in the Report:-

• Executive Summary for UAE Auto Finance Market Outlook to 2026F
• Country Overview of UAE
• UAE Auto Finance Market Overview and Genesis
• Ecosystem of Major Entities in UAE Auto Finance Market
• UAE Automotive Market - Major OEM Brands basis Passenger Car Sales
• Objectives of Captives
• Types of Car Loans in UAE Auto Finance Industry
• Value Chain of UAE Auto Finance Industry
• UAE Auto Finance Market Size
• UAE Auto Finance Market Segmentations
• Industry Analysis of UAE Auto Finance Market
• Decision Making Parameters for selecting Auto Finance Vendors
• Trends and Developments in UAE Auto Finance Market
• Challenges faced by End Users in UAE Auto Finance Market
• SWOT Analysis of UAE Auto Finance Market
• Government Regulations in the UAE Auto Finance Market
• Customer Journey
• COVID 19 Impact on UAE Auto Finance Industry
• UAE Auto Finance Aggregator Market
• Cross Comparison of Major Companies in UAE Auto Finance Market
• Future Outlook and Market Size for UAE Auto Finance Market 2021-2026F
• Analyst Recommendations

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UAE Auto Finance Market

Related Reports by Ken Research:-

Singapore Auto Finance Market Outlook to 2025

Egypt Auto Finance Market Outlook to 2027

Malaysia Automotive Finance Market Outlook to 2026

The France crop protection Market is expected to witness a steady growth rate over the period 2023-2027 owing to government regulations & technological innovations: Ken Research

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Ban on usage of synthetic pesticides & increasing demand for agricultural productivity are some of the factors driving growth.

High Demand for Bio-Pesticides: France is the 3^rd largest biopesticide market in European Union holding around 20.5% share of the total European biopesticide market in 2019. The country has historically known to be one of the most dominant agricultural centers in Europe. Despite decades of research on biological control and a significant number of biopesticides shown to be efficient in laboratory conditions, few products are currently registered for use in France. The country introduced a scheme called “Ecophyto 2018”, which aimed at reducing 50% of synthetic pesticide consumption over the period 2008-2018. The presence of synthetic pesticides in agrochemicals is a major concern for the environment and human and animal health & could play a significant role in driving the growth of biopesticides. The French R&D network, including INRA, covers various aspects of biopesticide research, such as developing new products, understanding the determinants of their effectiveness, obtaining information on their mode of action, and carefully managing their use once they become commercially available.

Fungicides being the largest segment: France is the largest consumer of fungicides, within Europe, with ideal wet conditions for the growth of fungicides, especially Septoria tritici blotch (STB). The major factors affecting the pattern of consumption are changes in crop acreage, pest resistance, pesticide regulation, and adoption of technology. Increased adoption and high efficiency of fungicides have fueled industry growth. In the recent years, the popularity of bio-fungicides has increased among farmers, producers, and end consumers. Factors such as rising demand for food safety and security and government support are the major factors driving growth in the recent years. The development of bio-pesticides or eco-friendly crop protection products have become a significant priority for research and funding agencies around the world. Growing profits in organic farming influence farmers to look for synthetic chemical alternatives to control plant health.

Analysts at Ken Research in their latest publication, “France Crop protection Market Outlook 2027F- Driven by government regulations & technological innovations” by Ken Research observed that France Crop protection Market is in a growth phase & is expected to witness a growth rate of ~% in the upcoming years owing to a ban on synthetic pesticides & increasing demand for agricultural productivity. It is to be noted that the France crop protection chemicals market is moderately fragmented with major global and national players occupying almost half of the market with companies competing not only on the basis of product quality and promotion but also on the basis of strategic moves with the aim of capturing a larger market share.

Key segments covered:-

By Type of Chemicals FY’22 & FY’27

Synthetic

Biopesticide

By Type of product FY’22 & FY’27

Herbicide

Insecticide

Fungicide

Others

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By Type of Crop FY’22 & FY’27

Grains & Cereals

Pulses & Oilseeds

Commercial Crops

Others

Key Target Audience:-

Crop Protection Companies

Crop Protection Associations

International Investors

Chemical Companies

International Crop Protection Companies

Venture Capitalist Firms

Agrochemical Manufacturers

Raw Material Suppliers

Research & Development Institutes

Government Bodies & Regulating Authorities

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Time Period Captured in the Report:-

Historical Period: FY’17- FY’22P

Base Year: FY’22P

Forecast Period: FY’22P – FY’27F

Companies Covered:-

Bayer Crop Science

UPL Limited

Syngenta

Sumitomo Chemicals

Corteva Agriscience

Key Topics Covered in the Report:-

Executive Summary of France Crop Protection Market

Market Size of France Crop Protection Market

Market Segmentation of France Crop Protection Market

SWOT Analysis of France Crop Protection Market

Trends and Developments in France Crop protection Market

Regulatory Bodies of France Crop Protection Market

Overview of France Crop Protection Challenges and restrains

End User Analysis of France Crop Protection Market

Competitive Analysis of France Crop protection Market

Future Outlook of France Crop Protection Market

COVID-19 Analysis of France Crop Protection Market

Analyst Recommendations

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France Crop Protection Market

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Nigeria Crop Protection Market Outlook 2027F

Brazil Crop protection Market Outlook to 2027F

Netherland Crop Protection Market Outlook to 2027F

Global Anti-Drone System market expected to record a CAGR of ~25% during the forecast period (2017-2028): Ken Research

 What Is the Size of Global Anti-Drone System Industry?

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

The Anti-Drone System Market is largely driven by increased use of unidentified drones for terror attacks and illicit activities.

Anti-Drone Systems also known as Counter-Drone Systems detect and/or intercept unauthorized drones and unmanned aerial vehicles (UAVs). They are majorly used to protect airports, critical infrastructure, and large public spaces such as stadiums, military installations, and battlefields. Furthermore, they protect areas and facilities of various sizes, shapes, and functions to the greatest extent possible.

The advancement of remote sensing and surveillance technologies, such as automatic dependent surveillance-broadcast (ADS-B) is driving the demand for Anti-Drone.

The higher costs of technologies associated with drones, such as radio frequency (RF) analyzers, sensors, and radar, are a major concern for the Anti-Drone market's growth.

The ongoing COVID-19 pandemic initially disrupted the supply of Anti-Drone, but demand from the military sector was high, as global militaries' defense expenditures increased even during the peak of the pandemic.

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Global Anti-Drone System Market by System

The Global Anti-Drone System market is segmented by System into Neutralizing Systems and Detection Systems.

The detection segment held the largest market share of the global Anti-Drone systems market in 2022.

Drone detection system is the most commonly known as they automatically detect unmanned aircraft systems (UAS), or drones.

There are numerous technologies, including radio frequency (RF) technology, radar, and visual tracking, used to detect drone activity in the airspace, each technology has unique features relying on drone size and detection range.

Global Anti-Drone System Market by Technology

The Global Anti-Drone System Market is segmented by Technology into Electronic Systems, Laser Systems and Kinetic Systems.

The laser system segment held the largest market share of the global Anti-Drone systems market in 2022. Its popularity largely stems from its ability to damage UAV cameras and temporarily disable the drone.

Furthermore, an anti-drone laser system replaces conventional bullets to directly damage targets or render them ineffective by using a laser beam directed at the fire to produce three effects: ablation, shock wave, and radiation.

Global Anti-Drone System Market by Geography

The Global Anti-Drone System market is segmented by geography into North America, Europe, Asia- pacific and LAMEA.

North America accounted for the largest share of the global Anti-Drone Systems Market in 2022 and will remain dominant during the forecast period (2022-2028).

The US Department of Defense's (DoD) increased investments in developing and deploying counter-drone systems are driving demand for Anti-Drone.

For instance, in May 2022, according to the Congressional Research Service, a U.S.-based government agency, the United States Department of Defense (US DoD) announced plans to invest US$ 668 million on Counter-UAS (C-UAS) R&D and US$ 78 million in the procurement of such systems in May 2022.

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Key Topics Covered in the Report

• Snapshot of the Global Anti-Drone Systems Market
• Industry Value Chain and Ecosystem Analysis
• Market size and Segmentation of the Global Anti-Drone Systems Market
• Historic Growth of the Overall Global Anti-Drone Systems Market and Segments
• Competition Scenario of the Market and Key Developments of Competitors
• Porter’s 5 Forces Analysis of the Global Anti-Drone Industry
• Overview, Product Offerings, and Strengths & Weaknesses of Key Competitors
• Covid-19 Impact on the Overall Global Anti-Drones/Counter Drones Market
• Future Market Forecast and Growth Rates of the Total Global Anti-Drone Systems Market and by Segments
• Market Size of Technology, Application, and End User Segments with Historical CAGR and Future Forecasts
• Analysis of the Global Anti-Drone Systems Market
• 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 Region

Notable Key Players Mentioned in the Report

• Israel Aerospace Industries Ltd.
• Leonardo S.P.A.
• Rafael Advanced Defense Systems Ltd.
• Droneshield ltd
• Liteye Systems, Inc.
• Dedrone
• DeTect Inc.
• MBDA
• Battelle Memorial Institute
• Saab Ab
• Boeing
• DroneDefense

Notable Emerging Companies Mentioned in the Report

• Mydefence Communication
• QinetiQ
• Raytheon Technologies Corp.
• SRC Inc.
• TeleRadio Engineering Pte Ltd.
• Thales Group
• ETECT, INC.
• SKYLOCK

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

• Drones Manufacturers
• Drone Components Manufacturers
• Defense Hardware Companies
• Drone Solution Service Providers
• Aerospace Equipment Companies
• Defense Technology and Software Providers
• Federal Aviation Administration (FAA)
• Government Ministries and Departments of Defense
• PE and VC Firms focused on Defense Sector
• Startups in Defense Sector
• Startups in Aerospace Sector
• Aerospace and Defense Technology Research Organizations
• Aerospace and Defense Regulatory Organizations

Period Captured in the Report

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

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

Global Anti-Drone Systems Market

Future Outlook of Kenya Lubricants Market: Ken Research

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Kenya Lubricants Market Ecosystem

Kenya’s Lubricants market is expanding as a result of increasing automotive sales, a rise in research and development in the sector, marketing activities, and also strategic partnerships and collaborations with other players, OEMs, and vehicle insurers to increase market penetration. Major players in the lubricants market in Kenya include Total Kenya, Vivo Energy (Shell), OLA Energy, Kenol Kobil, and National Oil Corporation of Kenya, among others.

Key Market Findings:

• Kenya's government intends to boost the domestic assembly of motor vehicles by providing tax breaks. This, in turn, is expected to boost Kenya's domestic vehicle assembly operations in the coming years.
• In 2022, used cars accounted for more than 80% of all motor vehicles registered in the country. However, due to the growing economy and increased local assembly of motor vehicles in Kenya, the sale of new vehicles is expected to increase over the next ten years.
• Kenya's government has also encouraged the use of renewable energy sources to generate electricity, and this trend has made significant progress in recent years. Private investments in these projects are the primary factors driving up demand for lubricants in the power generation sector.

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Growth of end-user industries: The increasing demand from the automotive sector in Kenya, as well as the growth of end-user industries such as construction, manufacturing, plastics, machinery & equipment, and metallurgy, are expected to drive the industry's growth. The use of higher-quality synthetic and semi-synthetic lubricants is also expected to boost the lubricant demand in the country in the future. To increase market penetration, the Kenya lubricant industry is expected to make additional investments in R&D, marketing, and strategic partnerships and collaborations with other players, OEMs, and vehicle insurers.

Roadmap to 2040: Kenya Energy Sector Roadmap 2040 states that the country intends to increase installed capacity to 100 GW by 2040. To meet this target, the country will need to install an average of 5 GW per year from 2022 to 2040. Moreover, the Kenyan government is also interested in developing renewable energy sources to generate electricity. Private investments in these projects will be the key drivers of increased demand for lubricants in the power generation sector. Additionally, the Government of Kenya (GoK) envisions Kenya becoming an industrialized middle-income country with a high standard of living for all Kenyans by 2030. Such factors will almost certainly increase demand for lubricants in the country's power generation industry.

Consumer demand for superior quality: Increased automotive sales are expected to drive growth, with both passenger car and commercial vehicle sales increasing. The outlook for Industrial Lubricant growth in Kenya is positive, with inflows of steel projects, increases in manufacturing projects, and increased power generation capabilities expected to raise the share of industrial lubricants in total lubricant sales volume by 2027. Due to consumer demand for superior quality and rising lubricant quality standard awareness, semi-synthetic and synthetic grades are expected to gain prominence and favor in the market. Their combined share is anticipated to be increasing in near future.

Analysts at Ken Research in their latest publication “Kenya Lubricants Market Outlook to 2027F - Segmented by Origin (Mineral, Synthetic & Semi-Synthetic), By Lubricant Type (Automotive & Industrial), By Automotive Lubricants (By Product Type, By End-Users & by Distribution Channels) and By Industrial Lubricants (By Product Type, By End-Users & By Distribution Channels)” observed the potential of the Lubricants Market in Kenya. The robust automotive sector in the country, continuous investment in research & development, and marketing activities by the lubricant manufacturers with government incentives are expected to contribute to the market growth over the forecast period. The Kenya Lubricants Market is expected to grow at ~% CAGR over the forecasted period 2022-2027F.

Key Segments Covered: -

Kenya Lubricants Market Segmentations:

By Type of Lubricant:

• Industrial Lubricant
• Automotive Lubricant

By Grade of Lubricant:

• Mineral
• Semi-Syntenic
• Synthetic

Kenya Industrial Lubricants Market Segmentations:

By Type of Industrial Lubricant:

• Hydraulic Fluid
• Grease
• Gear Oil
• Metalworking Fluid
• Others (Turbine Oil, Compressor Oil, etc.)

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By End Use of Industrial Lubricant:

• Construction and Mining
• General Manufacturing
• Metal Production
• Power Generation
• Food Processing
• Others (Agriculture, Medical, etc.)

By Distribution Channel:

• Dealer Network
• Direct Sales Premium
• Unorganized Sector

Kenya Automotive Lubricants Market Segmentations:

By Type of Automotive Lubricants   

• Heavy-Duty Diesel Engine Oil
• Passenger Vehicle Motor Oil
• Transmission Fluids
• Hydraulic Oil
• Greases
• Gear Oils

By End Use of Automotive Lubricant

• Commercial Vehicles
• Passenger Cars
• Motor Cycles
• Marine
• Others (Aviation, Railways, etc.)

By Distribution Channel

• Dealer Network
• OEM Workshops/Service stations/Local Workshops
• Supermarkets/ Hypermarkets
• Online

Key Target Audience

• Lubricants Manufacturers
• Lubricants Distributors Refining Companies
• Construction and Mining Industry
• General Manufacturing Industry
• Metal Production Industry Base-oil Companies
• Additive Companies
• Metal Production Industry
• Power Generation Industry
• Food Processing Industry
• Agriculture Industry
• Medical Industry
• Automotive OEMs
• Automotive Dealerships
• Government Agencies
• Consulting and Advisory Firms

Time Period Captured in the Report:

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

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Companies Covered:

Lubricants Company

• Galana Oil Kenya Limited
• HassPetroleum
• Kenol Kobil
• National Oil Corporation of Kenya
• OLA Energy
• Oryx Energies
• Sepyana Oil EA
• Sinopec
• Total Kenya
• Vivo Energy (Shell)

Key Topics Covered in the Report

• Kenya Lubricants Market Overview
• Ecosystem of Lubricants Market
• Business Cycle and Genesis of Kenya Lubricants Market Overview
• Value Chain Analysis for Kenya Lubricants Market
• SWOT Analysis for Kenya Lubricants Market
• Porter’s Five Forces Analysis Kenya Lubricants Market
• Growth Drivers in Kenya Lubricants Market
• Bottlenecks and Challenges in Kenya Lubricants Market
• Trends and Developments in Kenya Lubricants Market
• Government Regulations
• End User Analysis of Kenya Lubricants Market
• Covid-19 Impact on Kenya Lubricants Market
• Competitive Landscape in Kenya Lubricants Market
• Detailed Analysis of Kenya Lubricants Market (Market Size and Segmentation, 2016-2022; Future Market Size and Segmentation, 2022-2026F)
• Detailed Analysis of Kenya Industrial Lubricants Market (Market Segmentation, 2016-2022; Future Market Segmentation, 2022-2026F)
• Detailed Analysis of Kenya Automotive Lubricants Market (Market Segmentation,2016- 2022; Future Market Segmentation, 2022-2026F)
• Market Opportunity and Analyst Recommendations

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

Future Outlook of Kenya Lubricants Market

Related Reports by Ken Research: -

Brazil Lubricants Market Outlook to 2025

Philippines Lubricants Market Outlook to 2026F

UK Pet Insurance Market is in the Growing Stage, Being Driven by Growing Companion Animal Population and Impact of Covid-19: Ken Research

 1. Covid-19 pandemic has been a major catalyst for UK Pet Insurance market, with a growth rate CAGR of 5.3% between 2017-2022P.

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By 2027F, the UK Pet Insurance market is expected to grow at a robust rate. The market's expansion can be ascribed to the increasing companion animal population, adoption of advance technology, high veterinary cost and growing At-home diagnostic. Furthermore, the Covid-19 pandemic has also led to rise in health issues among animals which has further boosted the growth in pet insurance market in UK. The Pet insurance market is expected to grow at a CAGR of 4.8% between 2022P-2027F because of the emergence of new companies like Petsure, RSPCA, and Napo insurance. The prominent companies in the UK Pet Insurance market in 2022P includes: Many Pets, Petplan, Direct Line and others.

2. Increasing companion animal, high veterinary costs, rising pet health issues and awareness among pet owners are the major growth drivers for UK Pet Insurance Market.

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The pet insurance market is growing mainly because of the increase in companion animal population. The reason behind this increase in the prevalence of mental illnesses in humans such as clinical depression, anxiety-related issues, personality disorder, and psychotic disorder and one of the popular treatments for this mental illness is animal-assisted therapy, as animals can provide patients with emotional support. This growth in companion animal population is expected to fuel growth in pet insurance market for one more reason, the Veterinary costs. These costs are very high due to requirement of veterinary doctors, skilled technicians, and specially designed diagnostic equipment. These costs create a need for pet owners to seek options for reducing their out-of-pocket expenditure on veterinary care by taking insurance. Furthermore, increasing digitization and growing awareness are also expected to fuel the growth in the UK pet insurance market.

3. With Lack of Awareness, Complexity in Digital Process and Confusing Chatbots are posed as the major challenges faced by the UK Pet Insurance Market.

A key challenge faced by the pet insurance market is the lack of awareness and understanding of pet health insurance among pet owners which results in low adoption rate of pet insurance in UK. But the lack of awareness is not the only challenge faced the market, challenges like lack of personalised recommendations and complexity in the Digital process also halts the growth of the pet insurance market. Furthermore, Insurance policies often do not allow any changes to the parameters of the product. This, coupled with the fact that each insurance provider has many policies on offer makes it difficult for consumers to choose the right one. What the Customers wants is the simple and fast digital interactions for the purchase of pet insurance, but complex coverage details that include many specific exceptions create barriers for the customers, thus halting the growth of the pet insurance market.

China mattress market is expected to grow owing to the consumers’ growing awareness on the importance of mattresses and increasing income levels: Ken Research

China Mattress Market

In China Mattress Market there are about ~ players operating in the overall market, and top ~ players accounted ~% share in the market in terms of revenue. The Chinese mattress market is fragmented and has high intensified competition within industry players. There is a high homogeneity of products manufactured in the market; however, brand awareness among consumers is likely to drive the market further.

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Key Market Findings:

• China Mattress Market was valued at USD ~ in 2022P and is projected to grow to USD ~ by 2027F, registering a CAGR of ~% in terms of revenue during the forecast period (2022P-2027F).
• In terms of volume of transactions, the innerspring mattress is expected to register a CAGR close to ~% in 2027F.

Increasing Awareness of the Concept of Quality Sleep: China’s mattress market is dynamic due to constantly evolving consumer preferences. With the increasing awareness on living standard and sleeping quality, the frequency of mattress replacement is speeding up and will be a driver of market growth once market penetration is at the maximum.

Rental Housing Renovation Trends: With the increase in home ownership costs and government policy support, the rental industry has entered a new era of development.

Renovation of rental housing is trending in China, purchasing new mattresses for the rental houses is stimulating. People are convinced of settling for comfortable mattress and getting a new mattress for quality sleep and quality life. Which ultimately results in the growth of mattress market.

Growing Export of Mattresses: There is a growing export of mattresses from China and it is the world’s largest mattress exporter to the major mattress markets. China holds more than one-third of the total mattress exports, representing about one-third of the total market. The top five exporting destinations for China mattresses include Thailand, Italy, the United States of America, Vietnam, and Australia.

Analysts at Ken Research in their latest publication “China Mattress Market Outlook to 2027F - by Type (Innerspring Mattresses, Memory Foam Mattresses, Latex Mattresses, and Others), By End User (Residential, Commercial) and Distribution Channel (Offline and Online).” observed that China Mattress Market is expected to showcase considerable growth in the coming five years. It is anticipated to grow more quickly in the next years as a result of rising income level, growing population and the booming housing market. The Mattress Market in China is expected to grow at ~% CAGR over the forecasted period 2022-2027F.

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Key Segments Covered in the report

By Type

• Innerspring Mattresses
• Memory Foam Mattresses
• Latex Mattresses
• Others (Gel and Hybrid)

By End User

• Residential
• Commercial

By Distribution Channels

• Offline
• Online

Key Target Audience

• Mattress Raw Material Producers
• Mattress Manufacturers
• Investors
• Distributors / Retailers / Stockists
• Mattress Specialist Retailers
• Mattress Internet Retailers

Time Period Captured in the Report:

Historical Period: 2017-2022P

Base Period: 2022P

Forecast Period: 2022P-2027F

Companies Covered:

• Sleemon Xilinmen Furniture Co., Ltd.
• Jiaxing YuanChang Furniture Supplies Co.,Ltd.
• Simmons
• KukaHome
• Red Apple
• Man Wah
• Mlily

Key Topics Covered in the Report

• China Mattress Market Overview
• China Mattress Market Segmentation
• Ecosystem and Business Cycle of China Mattress Market
• Market Share of Major Players in China Mattress Market
• Competition Scenario of China Mattress Market
• Industry Analysis of China Mattress Market
• Value Chain of China Mattress Market
• Key Growth Drivers in China Mattress Market
• End User Analysis of China Mattress Market
• Key Challenges of China Mattress Market
• SWOT Analysis of China Mattress Industry
• Future Outlook of China Mattress Market
• Trends and Development of China Mattress Market
• Analyst Recommendations
• Research Methodology

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

Future Outlook of China Mattress Market

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South Africa Mattress Market Outlook To 2023

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Manufacturing Industry Growth, Construction Growth, and Automotive Growth has driven the market for lubricants in Mexico: Ken Research

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Focus on rapid industrialization, trade agreements and foreign investment are major factor contributing towards development of lubricant market in Mexico.

Growing demand of lubricants in automotive sector: In automotive applications, lubricants are widely used in things like transmission and heavy-duty diesel engine oils for passenger cars. In certain auto processes, such as the movement of chains and pistons, lubricants are also used. The increase and rise in demand for autos around the world is predicted to be the main factor driving the need for lubricants. The strong heat resistance and high effectiveness of lubricants in high-temperature situations are projected to support the market's expected growth rate.

Greater use of lubricants due to their good properties: Due to the lubricant's distinct quality, which is mostly dependent on a number of characteristics including hydraulic stability, a high viscosity index, strong resistance to oxidation, a high boiling point, and thermal stability, demand for them is on the rise. These features help to reduce friction in many applications, which is also to blame for the increased need for lubricant on a global scale. The market growth rate has been predicted by the growing usage of lubricants due to their superior features.

Rising demand for hybrid vehicle or battery-operated vehicle: The need for IC engines in the automotive industry is steadily declining due to the rising popularity of battery-operated and hybrid vehicles, which has a significant impact on lubricant demand over the projection period. The expansion of the lubricants market in the projected period of 2023–2030 is being severely restrained by the high vehicle emission rules and measures to outlaw the use of diesel engines in some countries.

Increasing Industrialization: The expansion of industry is driving the growth of the lubricant market in Mexico, as lubricants are used in a wide range of applications in the petrochemical sector, such as in refining and production operations, and in equipment used in the transportation and storage of petrochemical products. Many companies have announced major investments to expand their business.

Analysts at Ken Research in their latest publication “Mexico Lubricants Market Outlook to 2027F- Segmented by Origin (Mineral, Synthetic & Semi-Synthetic), By Lubricant Type (Automotive & Industrial), By Automotive Lubricants (By Product Type, By End-Users & By Distribution Channels) and By Industrial Lubricants (By Product Type, By End-Users & By Distribution Channels)” by Ken Research observed the potential of Lubricant Market in Mexico at a rebounding stage from the economic crisis after pandemic. The rising government policies and rapid industrialization, trade agreements and foreign investment along with government initiatives is expected to contribute to the market growth over the forecast period. The market is expected to grow at a ~% CAGR during 2022-2027F owing to the rise in economy of the country and new government policies.

Key Segments Covered in the report:-

Mexico Lubricant Market

Mexico Lubricants Market Segmentations

By Type of Lubricant:

Industrial Lubricant

Automotive Lubricant

By Grade of Lubricant

Mineral

Semi-Syntenic

Synthetic

Mexico Industrial Lubricants Market Segmentations

By Type of Industrial Lubricant

Hydraulic Fluid

Grease

Gear Oil

Metalworking Fluid

Others (Turbine Oil, Compressor Oil, etc.)

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By End Use of Industrial Lubricant

Construction and Mining

General Manufacturing

Metal Production

Power Generation

Food Processing

Others (Agriculture, Medical, etc.)

By Distribution Channel

Dealer Network

Direct Sales Premium

Unorganized Sector

Mexico Automotive Lubricants Market Segmentations

By Type of Automotive Lubricants         

Heavy-Duty Diesel Engine Oil

Passenger Vehicle Motor Oil

Transmission Fluids

Hydraulic Oil

Greases

Gear Oils

By End Use of Automotive Lubricant

Commercial Vehicles

Passenger Cars

Motor Cycles

Marine

Others (Aviation, Railways, etc.)

By Distribution Channel

Dealer Network

OEM Workshops/Service stations/Local Workshops

Supermarkets/ Hypermarkets

Online

Key Target Audience:-

Lubricants Manufacturers

Lubricants Distributors Refining Companies

Construction and Mining Industry

General Manufacturing Industry

Metal Production Industry Base-oil Companies

Additive Companies

Metal Production Industry

Power Generation Industry

Food Processing Industry

Agriculture Industry

Medical Industry

Automotive OEMs

Automotive Dealerships

Government Agencies

Consulting and Advisory Firms

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Time Period Captured in the Report:-

Historical Period: 2017-2022

Base Year: 2022

Forecast Period: 2022-2027F

Companies Covered:-

Bardahl

BP PLC (Castrol)

Chevron Corporation

ExxonMobil Corporation

Mexicana de Lubricantes S.A. de C.V.

Raloy

Roshfrans

Royal Dutch Shell Plc

Total Energies

Valvoline Inc.

Gulf

Shell

Key Topics Covered in the Report

Mexico Industrial and Automotive Overview

Ecosystem, Business Cycle and Genesis Mexico Lubricants Market

Market Sizing Analysis and Segmentation of Mexico Lubricants Market, 2017-2022

Mexico Industrial Lubricants Market Segmentation, 2022

Mexico Automotive Lubricants Market Segmentation, 2022

Industry Analysis Mexico Lubricants Market

End User Analysis of Mexico Lubricants Market

Competitive Framework of Mexico Industrial and Automotive Lubricant Market

Future Market Size and Future Segmentation of Mexico Industrial and Automotive Lubricant Market, 2022-2027F

Market Opportunity and Analyst Recommendations

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

Mexico Lubricants Market

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Kenya Lubricants Market Outlook to 2027F

Kenya Lubricants Market is primarily driven by the Up-scaling Manufacturing Industry, Escalating Construction along with Automotive and Marine Industries: Ken Research

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Driven by the various initiatives by the government for increasing the automotive industry and increasing the sale of new vehicles in the country, the lubricants market in Kenya has ample growth potential in the coming years.

Marketing and Distribution of petroleum products: Kenya’s lubricant market sales increased from 2017 to 2022, owing to an increase in the country's average price for lubricants per liter. Kenya Lubricant Market participants are primarily involved in the marketing and distribution of petroleum products to end users' customers, as well as the provision of storage facilities and other allied services. Retail Station Dealerships are used by many market players to provide long-term value to their retailers and other stakeholders. Lubricants were sold to end users with varying margins through a large network of OEM workshops, dealers and distributors, supermarkets, and online stores.

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Private investments in the energy sector: The Kenyan government is interested in developing renewable energy sources to generate electricity. Private investments in these projects are the primary drivers of increased demand for lubricants in the power generation sector. Kenya's nuclear power development program has a total installed power generating capacity of 5,221MW in 2022, as well as a legislative and regulatory framework, site selection, and capacity building, creating promising opportunities for the lubricants industry. All these factors are increasing the demand for lubricants in the country's power generation industry.

The demand for new cars in the country: In 2022, new car sales in the country increased as the economy recovered from a pandemic, driving up demand. This had investments in power generation. The impact of COVID-19 is still impacting the market growth of the country. The condition is expected to improve post-2022, benefiting the market under consideration. The market is growing due to increased demand from the industrial and construction segments, as well as investments in power generation and the automotive industry that are creating a lucrative growth opportunity for the lubricant market.

 Aanalysts at Ken Research in their latest publication “Kenya Lubricants Market Outlook to 2027F - Segmented by Origin (Mineral, Synthetic & Semi-Synthetic), By Lubricant Type (Automotive & Industrial), By Automotive Lubricants (By Product Type, By End-Users & by Distribution Channels) and By Industrial Lubricants (By Product Type, By End-Users & by Distribution Channels)” observed the potential of the Lubricants Market in Kenya. The robust automotive sector in the country, continuous investment in research & development, and marketing activities by the lubricant manufacturers with government incentives are expected to contribute to the market growth over the forecast period. The Kenya Lubricants Market is expected to grow at ~% CAGR over the forecasted period 2022-2027F.

Key Segments Covered: -

Kenya Lubricants Market Segmentations:

By Type of Lubricant:

• Industrial Lubricant
• Automotive Lubricant

By Grade of Lubricant:

• Mineral
• Semi-Syntenic
• Synthetic

Kenya Industrial Lubricants Market Segmentations:

By Type of Industrial Lubricant:

• Hydraulic Fluid
• Grease
• Gear Oil
• Metalworking Fluid
• Others (Turbine Oil, Compressor Oil, etc.)

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By End Use of Industrial Lubricant:

• Construction and Mining
• General Manufacturing
• Metal Production
• Power Generation
• Food Processing
• Others (Agriculture, Medical, etc.)

By Distribution Channel:

• Dealer Network
• Direct Sales Premium
• Unorganized Sector

Kenya Automotive Lubricants Market Segmentations:

By Type of Automotive Lubricants   

• Heavy-Duty Diesel Engine Oil
• Passenger Vehicle Motor Oil
• Transmission Fluids
• Hydraulic Oil
• Greases
• Gear Oils

By End Use of Automotive Lubricant

• Commercial Vehicles
• Passenger Cars
• Motor Cycles
• Marine
• Others (Aviation, Railways, etc.)

By Distribution Channel

• Dealer Network
• OEM Workshops/Service stations/Local Workshops
• Supermarkets/ Hypermarkets
• Online

Key Target Audience

• Lubricants Manufacturers
• Lubricants Distributors Refining Companies
• Construction and Mining Industry
• General Manufacturing Industry
• Metal Production Industry Base-oil Companies
• Additive Companies
• Metal Production Industry
• Power Generation Industry
• Food Processing Industry
• Agriculture Industry
• Medical Industry
• Automotive OEMs
• Automotive Dealerships
• Government Agencies
• Consulting and Advisory Firms

Time Period Captured in the Report:

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

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 Companies Covered:

Lubricants Company

• Galana Oil Kenya Limited
• HassPetroleum
• Kenol Kobil
• National Oil Corporation of Kenya
• OLA Energy
• Oryx Energies
• Sepyana Oil EA
• Sinopec
• Total Kenya
• Vivo Energy (Shell)

Key Topics Covered in the Report

• Kenya Lubricants Market Overview
• Ecosystem of Lubricants Market
• Business Cycle and Genesis of Kenya Lubricants Market Overview
• Value Chain Analysis for Kenya Lubricants Market
• SWOT Analysis for Kenya Lubricants Market
• Porter’s Five Forces Analysis Kenya Lubricants Market
• Growth Drivers in Kenya Lubricants Market
• Bottlenecks and Challenges in Kenya Lubricants Market
• Trends and Developments in Kenya Lubricants Market
• Government Regulations
• End User Analysis of Kenya Lubricants Market
• Covid-19 Impact on Kenya Lubricants Market
• Competitive Landscape in Kenya Lubricants Market
• Detailed Analysis of Kenya Lubricants Market (Market Size and Segmentation, 2016-2022; Future Market Size and Segmentation, 2022-2026F)
• Detailed Analysis of Kenya Industrial Lubricants Market (Market Segmentation, 2016-2022; Future Market Segmentation, 2022-2026F)
• Detailed Analysis of Kenya Automotive Lubricants Market (Market Segmentation,2016- 2022; Future Market Segmentation, 2022-2026F)
• Market Opportunity and Analyst Recommendations

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

Future Outlook of Kenya Lubricants Market

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Brazil Lubricants Market Outlook to 2025

Philippines Lubricants Market Outlook to 2026F