Monday, February 6, 2023

Global Digital Signage market expected to record a CAGR of ~7% during the forecast period (2017-2028): Ken Research

 What Is The Size Of Global Digital Signage Industry?

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

The Digital Signage Market is largely driven by the technological advancements achieved in display tech that make it easier to reach out to the targeted audience in an effective and engrossing way.

The moderately paced yet steady and consistent growth in the digital signage market is majorly attributed to its capacity to reach out to a large audience with a variety of content options, including digital videos, motion pictures, and more. The methods are far more sophisticated than the traditional modes of advertising, equipped with biometrics, and other advanced features, such as gaze tracking and heat paths.

Another factor that has helped the digital signage market to grow is the advancement in display technology. While the major technology components in the market remain LCD, LED, and projection, LED displays, as a standalone category, have advanced a lot with OLED displays, Micro LED displays, and direct-view fine-pixel LED displays. Micro LED displays have gone beyond the capabilities of OLED by removing many of OLED’s inherent drawbacks, such as shorter lifespan, screen burn-in, limited luminosity, etc.

Furthermore, Brands increasingly opting to go for online promotions pose a challenge to the growth potential of the digital signage market. According to the ‘IAB Internet Advertising Revenue Report: Full Year 2021’, Social Media advertising in 2021 was up nearly 40% to US$57.7 billion.

Global Digital Signage Industry

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Global Digital Signage Market By Type

The Global Digital Signage market is segmented by Type into Video Walls, Video Screens, Transparent LED Screens, Digital Posters, Kiosks and Others.

Video walls accounted for the largest segment of the market, type-wise in 2022. In terms of growth, Transparent LED Screens are expected to grow at the fastest pace, till 2028.

The present market share of video walls is bolstered by its presence across shopping malls, public gathering places, galleries, and exhibition centers.

Technological advancements, on the other hand, will drive growth in the transparent LED segment. These are energy-efficient product types with minimal overhead expenditure involved.

Global Digital Signage Market By Component

The Global Digital Signage Market is segmented by Component into Hardware, Software and Services.

Component-wise, hardware is estimated to account for the largest segment of the market in 2022. Advancement in display technologies is expected to help this market - going ahead – to retain its dominance.

A host of advancements are happening in the hardware segment. For instance, the display resolution technology can now handle 1080p, 4K, and 8K displays. It is also possible to host three-dimensional displays without the audience requiring 3D glasses to enjoy them. The fine-pitch LED video walls, capable of 4K and HDR display, are ultra-thin and ultra-light. These video walls are conducive to flat and curved surfaces and can be installed through hanging or stacking. Because of being lightweight and thin, these walls are easy and convenient to transport from one place to another.

Global Digital Signage Market By Technology

The Global Digital Signage market is segmented by Technology into, LCD, LED and Projection.

Technology-wise, the LED segment is accounted for the largest revenue share in the market in 2022.

Advancements in the LED technology segment have been many, including the development of OLED, Micro LED, and direct-view LED displays. Adoption of the LED technology has largely been driven by its high-end display quality and installation-friendly hardware compatibility.

However, many marketers and advertisers also adopt LCD for its budget-friendly features and low production and set-up cost.

Global Digital Signage Market By Location

The Global Digital Signage market is segmented by Location into Indoor and Outdoor.

The indoor segment is estimated to account for the largest market share of the digital signage market, location-wise in 2022.

Indoor or in-store locations are more efficient when it comes to reaching out to a targeted audience group through immersive, high-quality displays.

While the retail sector, including retail shops and shopping malls, is highly adept in deploying digital signage efficiently, banks, corporate offices, and healthcare facilities are also leveraging them for increased traction and seamless delivery of crucial messages and instructions.

Global Digital Signage Market By Content Category

The Global Digital Signage market is segmented by Content Category into Broadcast and Non-Broadcast.

Content Category-wise, the Broadcast segment is expected to emerge as the fastest-growing during the forecast period of 2022-2028.

The broadcast segment comprises a number of sub-segments, such as News, Weather, Sports, and more. Sub-segments like News and Weather are linked with every day public life and the smooth running of businesses and markets at large.

However, the field of sports also deploys digital signage for varied purposes, starting from the seamless running of ticket distribution points to advertising the next event. The corporate sector is also fast realizing the benefits of digital signage to drive their vision and policies better.

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Key Topics Covered in the Report

  • Snapshot of the Global Digital Signage Market
  • Industry Value Chain and Ecosystem Analysis
  • Market size and Segmentation of the Global Digital Signage Market
  • Historic Growth of the Overall Global Digital Signage Market and Segments
  • Competition Scenario of the Market and Key Developments of Competitors
  • Porter’s 5 Forces Analysis of the Global Digital Signage Industry
  • Overview, Product Offerings, and Strength & Weakness of Key Competitors
  • Covid-19 Impact on the Overall Global Digital Signage Market
  • Future Market Forecast and Growth Rates of the Total Global Digital Signage Market and by Segments
  • Market Size of Application / End User Segments with Historical CAGR and Future Forecasts
  • Analysis of the Global Digital Signage 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 Emerging Companies Mentioned in the Report

  • Raydiant
  • ScreenCloud
  • Waev
  • Comeen
  • Sparsa Digital
  • NoviSign Digital Signage
  • Pickcel
  • NEON
  • Nanovo
  • Intelisa

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

  • Digital Signage Service Providers
  • Digital Signage Hardware Manufacturers
  • Audiovisual Production Software Companies
  • Advertising and Brand Promotion Agencies
  • City Municipal Authorities
  • Shopping Mall Owners and Chain Retail Businesses
  • Transport Companies/ Public Transport Authorities
  • Electronics/ Semiconductor Manufacturing Companies
  • Out of Home Advertising Companies
  • Outdoor Advertising Infrastructure Companies
  • Components and Material Suppliers for Digital Signage Equipment

Time Period Captured in the Report

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

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

Global Digital Signage Market

Global Pea Protein Market is growing at a CAGR of ~12% during the Forecast Period 2022-2028: Ken Research

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Global Pea Protein Market by Application

The Global Pea Protein market is segmented by Application into meat substitutes, functional foods, bakery products, beverage, dietary supplements,

Others.

The meat substitutes segment held the largest market share in 2021, due to an increase in demand for plant-based food products will raise demand for meat alternatives.

The product has been utilized more frequently in recent years to create meat substitutes including burger patties and minced beef due to inexpensive processing costs and practical storage options. These factors are driving the demand for the product in the meat substitute application.

Gloabl Pea Protein Market

Global Pea Protein Market by Geography

The Global Pea Protein Market is segmented by Geography into North America, Europe, Asia Pacific, and LAMEA

North America accounted for the largest market share in 2021 of the global pea protein market, the main factors driving the global market are the rising vegan population, the rising demand for health & wellness products, and the rising consumption of processed meat products.

The presence of significant meat producers like JBF, Tyson, National Foods, and Cargill in the United States is also anticipated to increase demand for pea protein as a texturizing agent in meat production. Furthermore, it is anticipated that the availability of grains as sources of protein will decline due to growing grain consumption for bio-based compounds like canola and soy. As a result, pea protein is anticipated to become essential.

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Competition Scenario in Global Pea Protein Market

The Global Pea Protein 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 in the protein market.

Large global players control about ~15% of the market, some of the major players in the market include Roquette, Dupont, Glanbia Nutritionals, Ingredion, Scoular, Burcon, Shandong, Axiom, Cosucra, Sotexpro.

Corporation, Silicon Laboratories, Texas Instruments Incorporated among others.

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What Is the Expected Future Outlook for The Overall Global Pea Protein Market Across the Globe?

The Global Pea Protein 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 Pea Protein market is driven by growing awareness among masses for their health, consumption of a diet high in protein content, replacement of traditional meat products like sausages and patties with plant-based alternatives, food replacement or dietary supplement to boost a person's consumption of protein or other nutrients

      In September 2021, Roquette Fréres established a brand-new center of competence. By       concentrating just on plant protein, this center will broaden the range of opportunities in terms of food innovation, the discovery of novel proteins, and new manufacturing techniques.

       In September 2020, Roquette Fréres planned to build the biggest pea protein plant in the world in Portage la Prairie, Manitoba, Canada, which is a suburb of Winnipeg. The development of this new facility seeks to satisfy the rising demand for pea protein on a global scale.

The Global Pea Protein Market is forecasted to continue the exponential growth that is witnessed since 2019, due to expanding consumer awareness about the importance of eating a healthy diet and maintaining an active lifestyle. Though the market is highly competitive with ~200 players, few global players control the dominant market share and regional players also hold a significant market share.

By Type

  • Isolates
  • Concentrates
  • Textured

By Nature

  • Organic
  • Conventional

By Source

  • Yellow Spit Pea
  • Chickpea
  • Lentils

By Form

  • Wet
  • Dry

By Application

  • Meat Substitutes
  • Functional Foods
  • Bakery Products
  • Beverage
  • Dietary Supplements
  • Others

By Geography

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

Key Companies

  • Roquette
  • Dupont
  • Glanbia Nutritionals
  • Ingredion
  • Scoular
  • Burcon
  • Shandong
  • Axiom
  • Cosucra
  • Sotexpro

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

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

Global Water And Wastewater Treatment Equipment market expected to record a CAGR of ~7% during the forecast period (2017-2028): Ken Research

 What Is The Size Of Global Water And Wastewater Treatment Equipment Industry?

Global Water and Wastewater Treatment Equipment market is growing at a CAGR of ~% in 2017-2022 and is expected to reach ~USD Bn by 2028F.

The Water and Wastewater Treatment Equipment Market is largely driven by Lack of freshwater resources to meet the regular demand of water consumption for usage.

According to UNICEF “Four billion people — almost two-thirds of the world’s population — experience severe water scarcity for at least one month each year”.

The high installation, operational, and maintenance cost of wastewater treatment plants is one of the biggest challenges for the Global Water and Wastewater Treatment Equipment Market.

The cost of a wastewater treatment plant directly affects the global Water and Wastewater Treatment Equipment Market as this equipment is majorly installed in wastewater treatment plants such as membrane separation and disinfectants.

The COVID-19 pandemic slowed the growth of Global Water and Wastewater Treatment Equipment Market, owing to the shutdown of production activities in various industrial areas including water and wastewater treatment equipment manufacturing units. As a result, production showed a decline in Water and Wastewater Treatment Equipment market.

Global Water and Wastewater Treatment Equipment Industry

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Global Water And Wastewater Treatment Equipment Market By Equipment

The Global Water and Wastewater Treatment Equipment market is segmented by Equipment into Membrane Separation, Biological, Disinfection, Sludge, Dewatering and Others.

The Membrane Separation segment held the largest market share in 2021 of the Global Water and Wastewater Treatment Equipment Market.

The Membrane separation equipment follows the process where a membrane is used to separate waste materials from the water thus allowing only clear water to pass from the membrane.

Global Water And Wastewater Treatment Equipment Market By Application

The Global Water and Wastewater Treatment Equipment Market is segmented by Application into Municipal, Industrial and Others.

The Industrial segment held the largest market share in 2021, owing to the strict laws for industrial facilities regarding the release of wastewater from their manufacturing units.

The Indian Government Water Law of 1974 revised in 2003 stated that the manufacturing industries have to install meters to determine the amount of water used by the Manufacturing unit as well as the industry should include operations, processes, treatment, and disposal systems that use water and generate wastewater.

Global Water And Wastewater Treatment Equipment Market By Process

The Global Water and Wastewater Treatment Equipment market is segmented by Process into Primary Treatment, Secondary Treatment, Tertiary Treatment

The Primary Treatment segment accounted for the largest market share in the process segment in 2021.

Primary treatment is the first way to for treating water in a wastewater treatment plant, the primary treatment process includes the direct removal of sedimentation and solid waste from the water.

It is highly effective and low in cost as the process requires less amount of equipment for water and wastewater treatment. Hence, primary treatment is widely adopted by many industries.

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Key Topics Covered in the Report

  • Snapshot of Global Water and Wastewater Treatment Equipment Market
  • Industry Value Chain and Ecosystem Analysis
  • Market size and Segmentation of the Global Water and Wastewater Treatment Equipment Market
  • Historic Growth of the Overall Global Water and Wastewater Treatment Equipment Market and Segments
  • Competition Scenario of the Market and Key Developments of Competitors
  • Porter’s 5 Forces Analysis of the Global Water And Wastewater Treatment Equipment Industry
  • Overview, Product Offerings, and Strategic Developments of Key Competitors
  • COVID-19 Impact on the Overall Global Water and Wastewater Treatment Equipment Market
  • Future Market Forecast and Growth Rates of the Total Global Water and Wastewater Treatment Equipment Market and by Segments
  • Market Size of Application/End-user Segments with Historical CAGR and Future Forecasts
  • Analysis of the Global Water and Wastewater Treatment Equipment Market
  • Major Production/Supply and Consumption/Demand Hubs within Each Major Country
  • 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 Emerging Companies Mentioned in the Report

  • Solugen
  • CycloPure
  • ZwitterCo
  • Aquacycl
  • Forward Water Technologies

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

  • Water and Wastewater Treatment Plant Manufacturers
  • Water And Wastewater Treatment Equipment Raw Material Suppliers
  • Water And Wastewater Treatment Equipment Products Manufacturers
  • Government Ministries and Departments for Drinking Water and Sanitation
  • Water And Wastewater Treatment Equipment Industry Association
  • Water And Wastewater Treatment Equipment Companies
  • Venture Capitalists Targeting Water and Wastewater Treatment Equipment Industry
  • Investment Banks Targeting Water and Wastewater Treatment Equipment Industry
  • Environmental Regulatory Authorities

Time Period Captured in the Report

  • Historical Period: 2017-202
  • Forecast Period: 2022E-2028F

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

Global Water and Wastewater Treatment Equipment market

Global Radiography Systems Market is segmented by Type, Application, and End-User: Ken Research

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What Is the Size of Global Radiography System Industry?

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

The Radiography System Market is largely driven by increasing use of AI-enabled diagnostic equipment for rapid diagnosis and predictive analysis, notably in developed countries.

The increasing prevalence of osteoarthritis worldwide, combined with the growing need to diagnose, monitor, and treat health conditions, such as pregnancy, swelling or infection in internal organs, spinal injuries, dental issues, and tendon/ligament tears, is likely to drive market growth in the forthcoming years.

High prices for medical imaging tests and limited access to critical infrastructure, particularly in developing countries, are expected to stifle market growth.

Furthermore, the ongoing COVID-19 pandemic has adversely affected the global radiography systems market in 2020, primarily due to a decline in patient visits to hospitals and clinics. However, Computed Tomography (CT) scanners witnessed a higher demand in 2020, owing to the need for High-Resolution CT (HRCT) scans for the diagnosis of COVID-19 patients through chest scans.

Global Radiography Systems Market

Global Radiography System Market by Type

The Global Radiography System market is segmented by Type X-Ray Devices, Ultrasound Systems, Computed Tomography (CT) Scanners, Magnetic Resonance Imaging (MRI) Equipment and Nuclear Imaging Equipment.

The X-Ray Devices segment held the largest market share of the Global Radiography Systems Market in 2022, owing to the increase in the demand for early-stage diagnosis of chronic diseases, such as lung infection, breast cancer, enlarged heart, and blocked blood vessels.

The ongoing COVID-19 pandemic has also propelled the demand for x-ray systems across countries due to an increase in the number of COVID patients undergoing chest testing.

Global Radiography System Market by Application

The Global Radiography System Market is segmented by Application into Cardiology, Neurology, Orthopedics, Gynecology and Oncology.

The Cardiology segment held the largest market share of the Global Radiography Systems Market in 2022, primarily due to the surge in the prevalence of cardiovascular disease.

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The growing geriatric population exacerbates the need for healthcare products and services as such population is more vulnerable to diseases, such as respiratory (tuberculosis and pneumonia), oral, orthopedic (osteoporosis), and cardiovascular diseases.

Global Radiography System Market by End-User

The Global Radiography System market is segmented by End-User into Hospitals and Clinics, Specialty Clinics and Diagnostic Imaging Centers.

The Hospitals and Clinics segment accounted for the majority share of the Global Radiography systems Market in 2022.

The continuous development in the healthcare industry across countries has raised the requirement for hospitals with advanced techniques and facilities.

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The growing number of chronic diseases tested during the assessments and processing of body fluids, particularly following the worldwide explosion of the COVID-19 pandemic, are another major factor influencing the demand for radiography systems in hospitals and clinics.

Global Radiography System Market by Geography

The Global Radiography System Market is segmented by geography into North America, Europe, Asia- pacific and LAMEA.

North America accounted for the largest market share in the global radiography systems market in 2022.

The growth is mainly attributed to increased technological adoption in diagnostic techniques, extensive research initiatives, and regulatory science activities across the healthcare industry, especially in countries such as USA, and Canada.

The region's developed healthcare and hospital infrastructure is also a major factor behind the expansion of radiography systems.

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

Global Radiography Systems Market Size, Segments, Outlook, and Revenue Forecast 2022-2028: Ken Research

Sunday, February 5, 2023

Cloud Services, Artificial Intelligence, and the introduction of 5G are increasing data consumption, which is driving the Data Center Market in Morocco: Ken Research

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Data Center Market in Morocco

1.  Morocco’s data center industry grew at a CAGR of 5.9% in 2022 owning to the deployment and promotion of technologies such as cloud, IoT, and big data

Morocco’s data center market growth

Morocco's data center business expanded in recent years as a result of increased customer demand and data use. The shift in consumer preferences toward social networking and online shopping has also increased the need for dependable data storage solutions. Additionally, big data, IoT, and cloud technology implementation and promotion are taking place in the nation. Inwi Data Center's fourth data centre debuted in 2019 and contributed significantly to the expansion of the nation's data centre market. There has been a noticeable growth in data quantities and bandwidth needs for organizations using technologies like cloud & ML.

2.  Increasing reliance on technology, rising investment to expand capacity, high reliability and digital transformation have been strong enablers for the growth in Morocco DC the market

Increasing reliance on technology, rising investment to expand capacity

The epidemic has expedited the use of digital technology in Morocco, where the government has implemented COVID-19 contact tracing applications, digital identity, and facial recognition software as control measures. Additionally, to guarantee availability and reliability, the data centers in Morocco use redundant and cutting-edge monitoring systems. It matters for mission-critical apps that have to be accessible constantly. As Africa's industrial heartland, Morocco is undergoing a digital transition. They are modernizing their government and fostering the long-term development of their new digital economy and society.

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3.  Hyperscale data centers, hybrid services, automation, and intelligent monitoring are some of the emerging technologies in the data center industry in Morocco

data center industry in Morocco.

A hyperscale data center is one that was created by or for a hyperscale firm in order to accommodate their demands. Morocco intends to open this because it lowers costs and decreases downtime. Also, to benefit from the best of both the public and private clouds, more and more businesses are using hybrid clouds. Additionally, service providers may maintain and manage vital data and resources using a hybrid cloud architecture. After the COVID-19 pandemic in 2019, the use of automated processes and remote management has increased. It uses fewer human resources and offers more productivity and efficiency.

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4.  Limited data storage, cost control, slow internet penetration, and cyber-attacks are a few of the challenges and bottlenecks in the Morocco data center market

Challenges in Morocco's Data Center Market

Due to poor internet speeds and limited internet adoption, Morocco lacks a sizable base of wealthy clients, which hampers the growth of the data center market. Even, the quality of the internet in Morocco is below par with the rest of the world. For instance, Morocco's "best" download speed is over 50% slower than the global average of 60Mbps when compared to the worldwide median speed. Moreover, the roll-out of data centers at scale in Morocco in 2020 has been significantly delayed, which has reduced the amount of available data storage space. In data centers, maintaining great efficiency while keeping costs down is incongruous. Morocco’s, data center administration calls for strict cost control in addition to ensuring the facility's effectiveness, creativity, and adaptability.

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Morocco Data Center Market

The Bahrain Catering Industry has grown steadily in the last five years due to the rising focus on healthier meals during the Covid-19 pandemic: Ken Research

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The Covid-19 pandemic posed challenges for the Bahrain Catering Market, but post-pandemic the industry is expected to bounce back as things go normal.

Bahrain Catering Market Overview: The Bahrain Catering Market is growing steadily and is currently at the growth stage due to the rising adoption of automated kitchen in catering services, surging focus on healthier meals and rising tourism in the nation. The Catering Market in Bahrain is highly fragmented with many players. The major parameters that these players focus on to stay ahead of their competitor is quality of food and brand reputation.

Impact of Covid-19 on the Bahrain Catering Industry: The COVID-19 pandemic had a negative impact on the Bahrain Catering Market in 2020. In order to curb the virus' exponential spread, the authorities instituted recurrent lockdowns and stringent mobility restrictions that prohibited individuals from utilizing public dining facilities. Due to the ban on public gatherings and the consequent postponement of events like weddings and business meetings, the catering industry suffered enormous financial losses. While 2021 displays a phase of slow market recovery for the top companies in the Bahrain Catering Market, the upcoming years hold lucrative potential.

Increased Demand for Healthier Meals: People across the country started paying greater attention to their health and inclined towards more nutritional and healthy food when Covid-19 affected their immune systems. The escalating demand for nutritious and healthy food in workplaces, schools, and restaurants, is encouraging the catering companies to increase their current product and service portfolio and supply nutritional dietary foods in offices, college messes, restaurants, etc.

Adoption of Automated Kitchen: Caterers have started to adopt automated kitchens. Caterers need to be able to handle large workloads with a demand for variety of products. The best way to achieve this is to fully automate with robots that can easily change tasks and adapt to different products. The biggest requirement for them is speed, with robots being able to change between tasks in seconds. Accuracy is also needed to guarantee quality, and safety is required to protect humans from harm. Robots are also the most cost-effective. These reasons have contributed to the increased adoption of automation in commercial kitchens.

Analysts at Ken Research in their latest publication Bahrain Catering Market Outlook to 2027F – By Type (Contractual and Non-Contractual), By End User (In-Flight, Oil & Gas, Hospitality, Healthcare, Education, Corporate and Others) observed that Bahrain Catering Market has shown considerable growth in the last five years. In the upcoming years, it is predicted to expand more rapidly due to rising adoption of automated kitchen in catering services, surging focus on healthier meals and rising tourism in the nation. The Catering Market in Bahrain is expected to grow at ~% CAGR over the forecasted period 2022P-2027F.

Key Segments Covered in the report:-

By Type

Contractual

Non-Contractual

By End User

In-Flight

Oil & Gas

Hospitality

Healthcare

Education

Corporate

Others

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Key Target Audience

Government Bodies and Regulatory Authority

Fintech Companies

Investors and Financiers

Venture Capitalist

New Market Entrants

Banks and its Subsidiaries

Existing Catering Service Providers

Time Period Captured in the Report:-

Historical Period: 2017-2022P

Base Period: 2022P

Forecast Period: 2022P-2027F

Companies Covered:-

Promoseven Holdings

United Caterers and Contractors

Mohammed Jalal Catering

Foosco

Food City

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Key Topics Covered in the Report:-

Bahrain Catering Market Overview

Bahrain Catering Market Segmentation

Ecosystem of Bahrain Catering Market

Market Share of Major Players in Bahrain Catering Market

Industry Analysis of Bahrain Catering Market

Value Chain of Catering Market in Bahrain

Key Growth Drivers of Bahrain Catering Market

End User Analysis of Bahrain Catering Market

Key Challenges of Bahrain Catering Market

SWOT Analysis of Bahrain Catering Industry

Future Outlook of Bahrain Catering Market

Trends and Development of Bahrain Catering Market

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

Bahrain Catering Market

Related Reports:-

Kuwait Catering Services Market Outlook to 2027F

China Catering Market Outlook 2027F

The Oman Mattress Industry has grown steadily in the last five years owing to the increasing urbanization and rising healthcare and hospitality sector: Ken Research

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The Mattress Market in Oman saw a steady growth in the period of 2017-2022, as there is an increase in disposable incomes and a rise in awareness about healthy lifestyles supported the market in recent years. COVID 19 pandemic also fueled the demand for the Oman Mattress Market.

Oman Mattress Market Overview: The Oman Mattress Market is currently at the growth stage owing to the increasing disposable income, increasing urbanization and a rise in awareness about healthy lifestyles. The market is moderately consolidated with some key players owning the majority of the market. In 2022, the amount of mattresses imported into Oman fell rapidly as compared to 2020. The United Arab Emirates, Saudi Arabia and Qatar were the main destinations of mattress exports from Oman, together accounting for a majority of total exports. The increase in accommodation facilities and the hospitality sector, as well as infrastructural development, are expected to drive the Oman Mattress Market.

Impact of Covid-19 on Oman Mattress Market: The COVID-19 pandemic positively impacted the Oman Mattress Market. Even though the pandemic caused a huge fall in international tourist arrivals and caused the halt in the tourism industry impacted hotels in 2020, the number of people confined to their homes had increased for an extended period which increased the demand for mattresses. People started from home and spending more time at home, and had to upgrade their sleeping arrangements; resulting in the growth of the Oman Mattress Market.

Innerspring Mattress dominates the Oman Mattress Market: Inner Spring Mattress accounted for the largest share of Oman Mattress Industry in 2021. This is because of its popularity among people due to its long-lasting nature. This is a result of its sound construction, which was made to provide the same level of comfort for many years. They are separated by a wide distance, which makes ventilation simple. This facilitates better sleep and prevents body heat build-up. Rising awareness about healthy lifestyle and increasing cases of lower back problems are helping the market grow, as these springs-made mattresses provide excellent comfort to the lower back problems.

Analysts at Ken Research in their latest publication Oman Mattress Market Outlook to 2027F – By Product Type (Innerspring Mattresses, Memory Foam Mattresses, Latex, Alternating Pressure, Gel and Hybrid), By Size (Single, Double, Queen-size and King-size), By End User (Residential and Commercial) observed that Oman Mattress Market showcased considerable growth in the last five years. In the upcoming years, it is predicted to expand more rapidly due to increasing disposable income, increasing urbanization and a rise in awareness about healthy lifestyles. The Mattress Market in Oman is expected to grow at ~% CAGR over the forecasted period 2022P-2027F.

Key Segments Covered in the report:-

By Product Type

Innerspring

Memory Foam

Latex

Alternating Pressure

Gel

Hybrid

By Size

Single

Double

Queen-size

King-size

By End User

Household

Healthcare

Hospitality

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By Distribution Channel

Specialty Stores

Furniture Retailers

Owned Franchise Stores

Online

Others

Key Target Audience

Government Bodies and Regulatory Authority

Fintech Companies

Investors and Financiers

Venture Capitalist

New Market Entrants

Mattress Manufacturers

Commercial Users

Time Period Captured in the Report:-

Historical Period: 2017-2022P

Base Period: 2022P

Forecast Period: 2022P-2027F

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Companies Covered:-

IKEA

Sleep Ezze

Raha

Al Hosni Group International

JLH Mattress

Medical Mattress World

Amazon

Flipkart

Walmart

Key Topics Covered in the Report:-

Oman Mattress Market Overview

Oman Mattress Market Segmentation

Ecosystem of Oman Mattress Market

Market Share of Major Players in Oman Mattress Market

Industry Analysis of Oman Mattress Market

Value Chain of Mattress Market in Oman

Key Growth Drivers of Oman Mattress Market

End User Analysis of Oman Mattress Market

Key Challenges of Oman Mattress Market

SWOT Analysis of Oman Mattress Industry

Future Outlook of Oman Mattress Market

Trends and Development of Oman Mattress Market

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

Oman Mattress Market

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Saturday, February 4, 2023

The EV Charging equipment market is growing rapidly, owing to New Manufacturing Plants in the Kingdom and the Entry of new market players: Ken Research

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Driven by an increased focus on sustainability, and government initiatives, the EV Charging equipment market in KSA has ample growth potential in the coming years.

Manufacturing of EV charging equipment: KSA is one of the Middle East's fastest expanding economies, which allows the Kingdom to diversify and experiment when it comes to investing in new areas. It is an import-oriented market when it comes to the manufacturing of EV charging equipment. In 2022, there was a 0.0% contribution of KSA to the market share. To increase accessibility to charging infrastructure the Establishing standardized protocols for EVSE-grid communication are being followed.

ksa-ev-charging-equipment-market

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 Collaboration with International Brands: As of 2022, the EV charging equipment market has very few players operating in the country. As the market for electric vehicle charging equipment in KSA is at a very nascent stage most of the revenue generated is through direct sales and not via distribution as the supply chain still needs to develop. The market is extremely reliant on imports from other nations. Moreover, many major infrastructure companies have started investing in the e-mobility space in the region resulting in a major share of CPOs in the space. For, instance Al Sharif group launched ASX EV Solutions. Domestic players such as Electromin collaborate with international brands such as Siemens for increasing their service offerings in KSA.

Regulatory Framework for EV Charging activity: The technical evaluation of requests for the installation of EV chargers and connecting them to the grid is the responsibility of the distribution service provider. Owners and operators of EV charging stations/equipment must be completely knowledgeable of how the equipment works. In addition to this, before beginning device installation operations, it is necessary to consult with the distribution services provider. Furthermore, contractors that want to install charging stations or equipment for electric vehicles must establish qualifying procedures and submit them to the certification organization.

Lack of Repair & Maintenance Services and Number of Charging Stations: When compared to ICEVs, EV technology is very new, and the number of people skilled in the technology is rather small. Additionally, current EV owners encounter challenges owing to a lack of repair and maintenance services in the region, which discourages future purchasers. Moreover, there are currently few charging stations in KSA, which has a direct influence on EV sales in the region. As there is a scarcity of charging outlets, consumers are wary of purchasing any electric vehicle.

Analysts at Ken Research in their latest publication KSA EV Charging Equipment Market Outlook to 2027F Outlook to 2027F - Driven by Government Initiatives, Demand for Eco-friendly Transportation and Entry of New Brands in the market observed the potential of the EV Charging Equipment Market in KSA. New manufacturing plants in the kingdom, a growing economy, a high urban population, and empowerment of new energy resources along with government incentives are expected to contribute to the market growth over the forecast period. The KSA EV Charging Equipment Market is expected to grow at ~88% CAGR over the forecasted period 2022-2027F.

Key Segments Covered: -

 KSA EV Market Segmentations:

By Types of Vehicles:

  • Sedan
  • SUV
  • Small / Hatchback
  • Minivan
  • Heavy Trucks
  • Others

By Types of Battery:

  • Lithium-Ion
  • NiMH

By Types of Propulsion:

  • HEV
  • BEV
  • PHEV

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By Major Cities:

  • Riyadh
  • Jeddah
  • Dammam
  • Al Khobar
  • Rest of KSA

KSA EV Charging Equipment Market Segmentations:

By Types of Vehicles:

  • Passenger Vehicle
  • Commercial Vehicle

By Types of Chargers:

  • AC (Slow)
  • DC (Fast)

By Types of Connectors:

  • Type 2 (7 Pin)
  • Type 1 (5 Pin)
  • CHAdeMO
  • CCS

By Types of Ecosystems:

  • CPOs
  • Service Providers
  • Manufacturers

By Types of Sales Channels:

  • Direct Sales
  • Distribution

By Source of Manufacturing:

  • Import
  • Domestic

By Application:

  • Private Chargers
  • Public Chargers
  • Portable Chargers

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Key Target Audience

  • Electricity Supplier
  • EV Manufacturers
  • EV Charging Equipment Manufacturers
  • EV Charging System Operator
  • Demand side Transport Operators
  • Government Bodies

Time Period Captured in the Report:

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

 Companies Covered:

EV Charging Equipment Companies

  • Electromin
  • ASX EV Solutions
  • Motevs
  • EVBox
  • WallBox Charger
  • Circontrol ALITCO
  • Siemens
  • ABB Ltd.
  • Schneider Electrics
  • Qabis
  • ESSCO
  • Abunayyan Trading
  • Altaaqa Alternative Solutions
  • Turning Point Energy
  • Zain

EV Companies

  • Ford
  • Toyota
  • Lucid
  • MG
  • Chevrolet
  • General Motors
  • Nissan
  • Hyundai
  • Volkswagen
  • Peugeot
  • Kia
  • BMW
  • Scania

Key Topics Covered in the Report

  • EV Market Overview in KSA
  • Ecosystem of Major Entities in the KSA
  • Government Initiatives and Regulations
  • KSA EV Market Sizing and Segmentations, 2022
  • Competition Framework EV Market in KSA
  • Future Plans of Major EV brands in KSA
  • KSA EV Charging Equipment Market Overview
  • Ecosystem of Entities Operating in EV Charging Equipment Market
  • Value Chain Analysis of EV Charging Equipment Market in KSA
  • KSA EV Charging Equipment Market Sizing Segmentations, 2022
  • SWOT Analysis of KSA EV Charging Equipment Market
  • Barriers in the Adoption of EVs in Saudi Arabia
  • Growth Drivers of KSA EV Charging Equipment Market
  • End User Analysis of EV Equipment Charging Market in KSA
  • Competition Framework for EV Charging Equipment Market
  • Pricing Analysis for EV and EV Charging Equipment Market in KSA
  • Future Market Sizing and Segmentation, 2027F
  • Future Market Trends for EV Charging in KSA
  • Market Opportunities and Analyst Recommendations

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

Future Outlook of EV Charging equipment market

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UAE Electric Vehicle Charging Equipment Market Outlook to 2026

India EV Charging Equipment Market Outlook to FY'2026

France Car Finance Market Emerging Players, Revenue, Trends, Analysis: Ken Research

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Ecosystem of France Car Finance Market

The France Car Finance Market is moderately consolidated, with the top companies occupying major share. The major players in this market are Cetelem, Cofinoga, Floa Bank, Younited Credit, Carrefour Banque. France Car Finance Market is expanding as a result of increasing automotive sales, technological advancement, and also strategic partnerships and collaborations with other players.

Key Findings

  • Car financing penetration across banks has also improved in the last two quarters, with improved turnaround time and a decrease in the rejection rate of loans.
  • Car financing penetration across banks has also improved due to increased affordability of the vehicles, rise of NBFCs and captive players in the market.

France Car Finance Market

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Technological Advancement: In recent years, technological innovation has increased demand for the car financing business dramatically. The most notable technologies employed by financial institutions today to deliver the optimum automotive financial services to their clients are block chain, digital payment systems, and online/mobile banking. The number of individuals eager to use these services has progressively increased in recent years, as disposable money has increased among the general public. The traditional techniques of the automobile financing industry were complicated and time-consuming for the ordinary client. Manually processing the application used to take many days. However, because to digitalization, the identical process now takes only a few minutes. Therefore, the customer can easily avail of quick & hassle-free transactions.

Wide Scope of EV and Used Vehicles: Increased investment in the electric segment is also one of the major factors influencing demand for auto finance. Significant momentum in terms of volume sales is predicted with the existence of a supply chain network for used cars in the market. Furthermore, a considerable shift in people's transportation preferences, such as choosing for individual mobility with their own vehicle, is likely to fuel significant market growth.

Increasing Competition: Mounting rivalry in the automobile industry, which stresses operations, tight credit underwriting regulations, risk management, and other parts of the product that need to be redone, is one of the primary problems that may hamper the market's upward expansion.

Analysts at Ken Research in their latest publication "France Car Finance Market Outlook to 2027F" Driven by Growth in easy availability of credit and Rising Sales of vehicles in the Country. The introduction of new models, along with technological advancement in financing and implementation of favorable government rules & regulations is expected to contribute to the market growth over the forecast period. The France Car Finance Market is expected to grow at ~% CAGR over the forecasted period 2022-2027F.

Key Segments Covered in the report: -

        By New and Used Vehicle, 2022 and 2027

  • New Vehicle
  • Used Vehicle

By Type Vehicle, 2022 and 2027

  • Passenger Cars
  • Light Trucks

By Lender Category, 2022 and 2027

  • Banks
  • Captives and BHPH
  • Credit Unions
  • Private Finance Companies

By Risk Category between New and Used Vehicles, 2022 and 2027

  • Super Prime
  • Prime
  • Non-prime
  • Sub-prime
  • Deep Sub-rime

By Loan Tenure between New and Pre-Owned Motor Vehicles, 2022 and 2027

  • Less than 3 Years
  • Three Years
  • Four Years
  • Five Years
  • Six Years
  • Seven Years or more

Key Target Audience

  • Existing Auto Finance Companies
  • Banks
  • Captive Finance Companies
  • Credit Unions
  • Private Finance Companies
  • New Market Entrants
  • Government Organizations
  • Investors
  • Automobile Associations
  • Automobile OEMs

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Time Period Captured in the Report:

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

Companies Covered:

Banks

  • Cetelem
  • Cofinoga
  • Floa Bank
  • Younited Credit
  • Carrefour Banque

Captives, Credit Unions and Finance Companies

  • PSA Banque France
  • Hyundai auto finance
  • BMW Group Financial Services
  • Nissan Motor Acceptance Corporation
  • GM Financial
  • Credit Acceptance

Key Topics Covered in the Report

  • Executive Summary
  • Research Methodology
  • France Vehicle Finance Market Evolution
  • France Vehicle Finance Market Overview and Genesis
  • France Vehicle Finance Market Ecosystem
  • France Vehicle Finance Market Value Chain Analysis
  • France Vehicle Finance Market Size
  • France Vehicle Finance Market Segmentation
  • Major Trends and Development in France Vehicle Finance Market
  • Regulatory Framework in the France Vehicle Finance Market
  • Snapshot on Digitization of Vehicle Finance in France
  • Customer Perspective in France Vehicle Finance Market
  • Competitive Landscape containing Company and Product Profiles in the France Vehicle Finance Market
  • France Vehicle Finance Market Future Outlook and Projections
  • Analyst Recommendations for the France Vehicle Finance Market
  • Products

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

Future Outlook of France Vehicle Finance Market

Related Reports by Ken Research: -

US Vehicle Finance Market Outlook to 2023

Indonesia Car Finance Market Outlook to 2024

India EV Charging Equipment Market Revenue is expected to grow at a CAGR of 25.2% from 2021 to 2026: Ken Research

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1. Charging infrastructure in India is currently quite underdeveloped but has huge potential in the near future owing to increasing EV deployment in the country.

EV Charging Infrastructure market1

EVs are slowly gaining acceptance, with fewer than 2% of vehicles in India being EVs. India's charging infrastructure is still extremely underdeveloped, with up to 26 EVs per charger accessible, compared to only 8 in China and 17 in the US. In India, there are 300 community charging stations, 22 of which are fast-charging points in 202. The India EV Charging Equipment Market, on the other hand, acquired substantial traction with the launch of the FAME India plan. The Department of Heavy Industry (DHI) also intended to incentivize 1,000+ charging stations with 6,000+ chargers, which would be the market's primary growth engine. The significant obstacles in the India EV Charging Equipment Market include a lack of space, infrastructure, and manpower for installation, as well as the high initial cost of charging equipment and installation.

2. India is expected to witness considerable growth in the EV Charging Infrastructure market owing to Strong government Push and Industry Initiatives.

EV Charging Infrastructure market2

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In recent years, there has been sustained and increased governmental intervention at the state and federal levels to facilitate the development of charging infrastructure. States have implemented fiscal and non-fiscal incentives, such as lower tariff rates for charger manufacturing and operation. Additionally, to encourage people to switch to electric vehicles, the government plans to install at least one EV charging kiosk at each of the country's 69,000 gas stations.

Moreover, there has been a rising trend of hotels, companies, or resorts setting up EV charging stations known as community charging stations at a radius of 40-70 km surrounding cities to set up conventional 15 Amp charge points for electric vehicles and electric bikes. The charging plaza is capable of charging 14 electric cars at the same time. Technically, a plaza has more than one charger with different types of power output for servicing different kinds of automobile models.

3. India’s EV Charging Equipment Market is expected to generate $~120 Mn owing to an increase in market penetration of EVs and a surge in government initiatives for the development of EV charging infrastructure.

EV Charging Infrastructure market3

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The India EV Charging Equipment Market is likely to create significant revenues as EV market penetration grows and government initiatives to improve EV charging infrastructure expands. The EV sector might contribute $~6 billion in the next five years with the correct government regulations, a local supply chain, decreasing battery prices, and broad charging infrastructure. Additionally, E-rickshaws, eAutos, and e2Ws are the most potential electrification categories in India, with over 4 million units predicted by 2025. Furthermore, the limited number of EV charging stations, the absence of EV charging standards, the surge in demand for luxury and feature-enhanced automobiles, and wireless charging for EVs will have a significant influence on the industry.

4. India’s infrastructural challenges are unique, and, hence, the best e-mobility practices identified in advanced international markets might not be effective or feasible to address India’s problems.

EV Charging Infrastructure market4

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Drivers in India expect a range of ~400 km from a single charge and expect a 35-minute average charge time, which is not feasible with the current battery technology installed in electric cars. Charge anxiety is about whether or not the EV will find a charging station in the first place. This is followed by the issue of trust. In addition to this, obtaining a reliable electricity connection for an EVSE installed at the EV charging station that is owned and operated by fleet operators is a concern. The cab aggregators/fleet operators operating in multiple states find it difficult when different tariffs for EV charging are charged in different states with many states declaring EV as a separate tariff category. The issue of an increase in peak load of the service areas will require more investment in network up-gradation and procurement of power which will not be profitable for DISCOMs in the long run.