How Singapore Logistics Market is aiming to keep itself globally at No.1? : Ken Research

 Singapore logistics market, is projected to achieve ~7%, by 2028, owing to its enlarged networks of Free Trade Agreement (FTA), having more than 25 major trading partners to enhance the access to major markets, and also an increase in the transport and e-commerce section, shifts the weightage towards Singapore.

STORY OUTLINE

• • Singapore Freight and Logistics market are paving the way towards an allover growth of the market.
  • Singapore has an enlarged network of Free Trade Agreement, having more than 26 trading partners, increasing its access to large market sectors.
  • The rise in E-commerce sectors with the increase in internet and smartphone penetration.

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According to Ken Research, the size of the Singapore logistics market is increasing its market growth every year, with increasing trucks, vans etc. for the transport sector.

• • An increase in the number of shipments going on in the E-commerce sector and due to the Free Trade Agreement, association of more than 26 trading partners sum up to avail the access of Singapore to the major market sectors globally.
  • Singapore Logistics market is one of the largest sectors in the country, effectively shipping and transporting products and shipping them to a large number of countries.
  • Increasing effectiveness and amount of workers and moving towards automation and digitization is among the main targets that Singapore aims to achieve in the coming time. In order to effectively handle large industry works through machines and automation techniques to achieve greater speed and efficiency in the future.
  • E-commerce line is another stronghold that the country is aiming to flourish as with the online shipment and delivery, tracking and proper delivery of the products are ensured and guarantees safety as the records are stored in data and allows people to track their shipment online.

1. Singapore Logistics market shows its versatility in through its ports.

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• • Singapore is currently the home to the world’s largest shipment container port, which is linked to more than 600 ports With Singapore Changi Airport, voted to be the best port globally, serving over 6,800 flights to 330 major global cities, summing up the nation’s trade value to be ~3.5 times more than its GDP.
  • The PSA terminal of Singapore, has four 4 container terminals, 1 multi-purpose terminal and 1 vehicle transshipment terminal, carrying out a huge network of shipping workflow of 200 shipping lines, connecting 123 countries with vessels, with a frequency 60 vessels per day.
  • Built in a way to move cargo effectively around the globe, the cold chain facilities, warehouses and offices in Changi Airfreight Centre (CAC), coupled to the Airport Logistics Park of Singapore (ALPS), are well equipped to handle all types of shipment and storage of the data, handling over 97 million metric ton annually.

2. Singapore has an enlarged network of Free Trade Agreement, having more than 26 trading partners, increasing its access to large market sectors.

• • Other Free Trade agreements like Singapore-United States Free Trade Agreement (USSFTA), Singapore-Japan Economic Partnership Agreement (SJEPA), and many more to reduce the tariffs on trade, investments and other governing techniques, allowing the country to successively grow with other countries such as Japan, United Kingdom, United States of America etc.
  • SAFTA or Singapore-Australia Free Trade Agreement is free trade agreement, aims for the elimination of tariffs on goods traded between Singapore and Australia, also covering trade in services, government procurement,
  • Singapore is a currently in a contract agreement with the Association of South-East Asian Nations (ASEANS). This established a regional FTA called ASEAN Free Trade Area (AFTA) which includes countries like Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar expanding the shipment reach to all these countries.

3. The rise in E-commerce sectors with the increase in internet and smartphone penetration.

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• • Singapore’s Minister of Trade and Industry, Chan Chun Sing, introduced an innovative strategy of changing Singapore’s digital infrastructure, mainly the digital connectivity, data analytics, payments system The key goal will be to transform the industry into a 5G infrastructure, to receive larger and better bandwidths, enabling a 5% increase in the capacity to handle large e-commerce orders and keep a proper track of them.
  • The country signed the World’s first digital- only trade agreement via the Digital Economy Partnership Agreement (DEPA), with New Zealand and Chile, aiming to form an international frameworks to support the businesses which are engaging in nationwide digital trade and e-commerce.
  • With the increase in the number of users buying goods from online stores, shipment and delivery increases hand to hand. Since almost 92% of the population in Singapore are having smartphones, smartphones and internet penetration has risen by 94%.

Conclusion

According to this research, a strong increase in the number of warehouses to the number of ships and ports, are a result of the extensive network of Free Trade Agreements with many countries, increasing number of infrastructure with high speed bandwidth and 5G connectivity, enabling online purchase with proper delivery tracking and data storage, via the internet, resulting in an overall market expansion and people’s engagement towards the market.

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Singapore Logistics Market

Mobile Robots Revolutionize Picking Accuracy and Productivity in warehousing automation: Ken Research

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Automation is the use of machinery, software, and control systems to increase operational efficiency. It usually refers to operations that must be carried out at a warehouse or distribution centre and call for little human involvement.

Storyline

• Mujin and Geek+: Revolutionizing Order Fulfilment with Collaborative Robots:

Mujin and Geek+ partner to showcase an advanced order fulfilment solution at Manifest, integrating pick and place robots with mobile robots. This collaboration enhances efficiency and value for end users.

• Ocado Retail's Automated Warehouse Sets Productivity Standards:

Ocado Retail's fully automated warehouse in Andover demonstrates the power of mobile robot technology, processing millions of items and thousands of orders weekly. Automation and mobile robots are revolutionizing industries globally.

• Rise of Automation: Enhancing Warehousing Efficiency:

Collaborative mobile robots optimize picking accuracy and productivity, transforming the warehousing industry. Streamlined order fulfilment and seamless integration with automated systems redefine efficiency in warehouses.

Introduction

A warehouse is the place, building or industrial plant where goods are manufactured, handled and/or stored before distribution, use or subsequent sale. Each warehouse is different in terms of its structure, capacity or space, just as the activities that take place in it.

Whatever its characteristics, the fact is that the warehouse innovation ensures greater efficiency in production and, therefore, improves profitability.
Moreover, the concepts ‘warehouse innovation’ and ‘warehouse automation’ have a direct relationship with mobile robotics since, from the beginning, the development of this technology has been linked to the improvement of logistics processes in warehouses and factories.

1. Mujin, a leading provider of cutting-edge robotics technology

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Mujin, a leading provider of cutting-edge robotics technology will showcase its innovative order fulfilment solutions at Manifest, a premier event focused on supply chain and logistics innovation. Mujin has teamed up with Geek+, a global leader in mobile robotics for logistics, to demonstrate a total order fulfilment solution featuring pick and place robots seamlessly integrating with mobile robots. This solution automates the process of creating mixed orders from single-SKU containers, delivering increased value for end users.

2. The new fully automated warehouse from Ocado Retail has shown how mobile robot technology increase productivity in warehouses

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Automation technology has come a long way. Ocado Retail’s new fully automated warehouse has demonstrated the potential of several new technologies—as seen by a big YouTube audience.

They call it “the hive,” or “the grid.” Or sometimes just: “the machine.” It’s a huge structure that fills a warehouse on the outskirts of Andover, a small and quiet town in southeast England. The hive-grid-machine is the creation of Ocado, a British online-only supermarket that’s made a name for itself in recent years designing highly automated warehouses and selling the tech to other grocery chains. When fully up and running, Ocado’s Andover operation will be its most advanced yet, processing 3.5 million items or around 65,000 orders every week. It’s also a perfect example of the wave of automation slowly hitting countries around the world. The tasks being undertaken by Ocado’s bots are so basic they’re best described by simple verbs — “lifting,” “moving,” “sorting” — and that means they exist in various forms in a range of industries. And when the price is right, someone will want a machine to do those jobs, too.

Conclusion

In conclusion, collaborative mobile robots are revolutionizing the warehousing industry by enhancing picking accuracy and productivity. The integration of mobile robotics with automation tools allows for seamless order fulfilment and increased value for end users. Industry leaders like Mujin and Ocado Retail have showcased the potential of mobile robot technology in improving warehouse operations. As automation technology continues to advance, the adoption of collaborative mobile robots will play a crucial role in optimizing logistics processes and driving efficiency in the warehousing industry.

Major Players Mentioned in the Report:

• Daifuku Korea Co Ltd
• SFA Corporation
• Dematic (Kion Group)
• SSI SCHAEFER Systems International Limited
• Hyundai Movex Co. Ltd
• SM Core Co Ltd
• Geekplus Technology Co.
• HAI robotics and LG CNS
• AutoStore System Ltd
• Hik Robotics

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

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

Time Period Captured in the Report:

• Historical Period: 2016-2022
• Base Year: 2022
• Forecast Period: 2023-2027

For More Insights On Market Intelligence, Refer To The Link Below: –

South Korea Warehouse Automation Market

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Saudi Arabia Warehouse Automation Market Outlook to 2026

UAE Logistics Market Outlook to 2026

A partnership of Innovation: SSI Schafer & Brands for less introduce Automated Roaming Shuttle: Ken Research

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Globally renowned logistics brand, SSI Schaffer, introduces an Automated Roaming Shuttle in Dubai. This state-of-the-art technology is set to revolutionize the retail logistics industry.

Storyline

• As per Ken Research, customizable solutions drive growth and value in diverse industries.
• Collaboration between Brands for Less and SSI Schaefer delivers transformative results.
• The shuttle technology revolutionizes warehouse automation capabilities.
• Groundbreaking automation solution enhances efficiency and storage optimization.

1. It’s all in the details: The shuttle is what has sparked the interest of industry experts

Also Read: KSA Warehouse Market dynamics

The groundbreaking solution comprises a VNA selective storage system for 4,350 pallets and an automated bin storage system with 123,000 totes. The technology which was implemented this year in May, was a result of a collaboration between Schaffer & Brands for Less promises to offer significant improvements in efficiency, storage optimization & cost reduction for businesses in the industry. A ray of hope was noticed amongst industry players as well as the company owners as the 6000 sqm facility in which the shuttle was introduced got itself ready to move ahead in a more organized manner. Aeyman Beydon, Deputy CEO & Group COO of Brands for less said in a statement, "We are extremely pleased with the results of our collaboration with SSI Schaefer, as this automated storage solution has significantly enhanced our warehouse efficiency, allowing us to serve our customers better and meet their increasing demands. The system's flexibility will support our expansion across the GCC, as well as our growing e-commerce business."

2. Milestone of Innovation: The Shuttle Propels Warehouse Automation to New Heights

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Looking back at the warehouse automation industry, a major reason behind the fast-paced growth of the same has been Increasing demand for faster delivery amidst all the other factors. With the growth of e-commerce market alongside fast fashion trends & food & grocery demands, warehousing became a necessity rather than a want.

Going by the timeline, the period before 2010 witnessed an emerging automation sector with warehousing demand limited to Retail sector along with limited or no regulations & lack of cold storage facilities. Fast forward to the current scenario, companies are opting for automation facilities in almost every sector.

3. Transformative Synergy: A Paradigm-Shifting Partnership Propelling Warehouse Automation.

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Taking about the players in the industry, the collaboration between Brands for Less and SSI Schaefer demonstrates the transformative power of innovative technology in optimizing logistics operations. By implementing cutting-edge solutions, SSI Schaefer has empowered Brands for Less to enhance market position, meet customer demands, and achieve cost savings. As automation continues to revolutionize warehouse and logistics efficiency, SSI Schaefer's customizable solutions hold immense potential to drive growth and deliver value across diverse industries and businesses of all sizes.

Major Players Mentioned in the Report:

KSA Warehousing Automation Market (Warehouse Management System)

• Sin7
• Swiss Log
• Aptean
• Epicor
• Finale Inventory
• Manhattan Associates

KSA Warehousing Automation Market (Last Mile Delivery)

• Aramex
• Fetchr
• Ancra
• Shipa
• Jeebly
• Posta

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KSA Warehousing Automations Market (Piece Picking Robots)

• Grey Orange
• Handplus Robotics
• Dematic
• Universal Robots
• Fizyr

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

• 3^rd Party Logistics Providers
• Investors
• Technology & Automation Solution Provider
• Manufacturers
• Warehouse Managers & operators
• Retail & E-Commerce Providers

Time Period Captured in the Report:

• Historical Period: 2016-2022
• Base Year: 2022
• Forecast Period: 2022-2027

For More Insights On Market Intelligence, Refer To The Link Below: –

KSA Warehousing Automation Market

Related Reports by Ken Research

UAE Warehousing Automation Market Outlook to 2026F

KSA Transportation and Warehousing Market Outlook to 2025

Saudi Arabia Dry Logistics and Warehousing Market Outlook to 2025

Phoenix Market City Chennai's Secret Weapon - Smart Strategies! - Ken Research

Phoenix Market City in Chennai employed various marketing strategies to attract customers and enhance their overall shopping experience. Chennai holds Phoenix Market City in high regard due to its strong reputation.

STORY OUTLINE

• Phoenix Market City, owned by K Raheja Corp Group, is a top-choice shopping mall in Chennai, catering to the affluent Indian population.
• The mall adopts Retail 2.0 through digital marketing, user-friendly apps, and customer feedback monitoring to enhance the shopping experience.
• Strategic partnerships with brands, local businesses, and influencers expand the mall's reach and offerings.
• Flagship stores of renowned national and international brands make Phoenix Market City a premier retail destination.
• Vibrant events and promotions contribute to the mall's growth and create an engaging atmosphere for shoppers.

Phoenix Market City is a popular chain of shopping malls in India owned by the K Raheja Corp Group. Phoenix Market City is the top-choice shopping mall in Chennai, preferred by a majority of people for their retail and leisure needs. With its strategic location, vibrant atmosphere, and commitment to customer satisfaction, the mall continues to captivate and cater to the ever-growing affluent Indian population. Strategically situated in Velachery and covering an area of 0.09 Mn square meters, it caters to the growing affluent Indian population.

1. Experience Retail 2.0: Phoenix Market City Chennai's Digital Marketing Revolution

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Utilizing digital platforms, social media, email marketing, and mobile apps to reach and engage with the target audience. This includes promoting special offers, events, and new store openings.

In an effort to instill customer confidence and adapt to the new normal, Phoenix Market City has seamlessly integrated innovative technology into their cross-platform app, Nhance by Phoenix. This user-friendly app can be easily downloaded from both the Google Play Store and App Store, enhancing the shopping experience for all customers.

Furthermore, the app leverages customer feedback monitoring, ensuring continuous development and improvement based on valuable inputs. This commitment to refining the app promises an exceptional level of customer service. Embracing technology as a powerful ally, Phoenix Market City stands as a guiding light in the entertainment space during the new normal.

2. Phoenix Market City Chennai's Dynamic Partnerships

Phoenix Market City Chennai forms strategic partnerships with popular brands, local businesses, and influencers to enhance cross-promotion, expanding its reach to a wider audience. This collaboration-driven approach strengthens its position as a retail destination and creates a mutually beneficial network.

Phoenix Market City emerges as the ultimate shopping destination, boasting flagship stores of esteemed national and international brands spanning various categories, such as Zara, Hermes, Lacoste, GAS, and more. Leveraging successful collaborations, it curates an unparalleled product selection, providing shoppers with an elevated and exclusive retail journey.

3. Events and Promotions Drive Chennai Phoenix Market City's Growth

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Phoenix Market City offers a leasable retail area of about 1,000,000 square feet, hosting various retail stores, restaurants, and entertainment venues. Notably, around 65% of major events in Chennai find their venue at Phoenix Market City.

Creating a vibrant ambiance and attracting higher footfall, Phoenix Market City organizes frequent events, including concerts, fashion shows, and cultural festivals, to keep the excitement alive and customers engaged.

In conclusion, Phoenix Market City in Chennai has successfully established itself as the go-to shopping destination for the city's affluent population. By leveraging innovative digital marketing strategies, strategic partnerships, and vibrant events, the mall continues to captivate customers and cater to their evolving needs. With its commitment to customer satisfaction and dedication to providing an exceptional retail experience, Phoenix Market City remains a guiding light in the ever-evolving landscape of shopping and entertainment.

 

Can Acai Bowls Fuel the Meteoric Rise of KSA’s Cafe and Coffee Chain Industry by 2027? – Ken Research

 KSA's acai bowl market expected to surge to SAR ~150 Mn by 2027, fuelled by global culinary trends and a rising appetite for healthy, nutritious food and beverages.

STORY OUTLINE

• Acai bowl market in KSA expected to reach SAR ~150 Mn by 2027, driven by global culinary trends and health-conscious consumers.
• Riyadh leads as the primary hub for acai bowl vendors, while Jeddah emerges as a bustling hub for restaurants and cafes.
• Acai bowl players focus on offline strategies like loyalty programs and bundling, as well as online strategies like influencer marketing and campaigns.
• Acai bowl players experience peak season during summer with high seat occupancy, indicating the popularity of this refreshing treat.
• Menu diversity and innovation, along with a focus on quality, pricing, and customer experiences, are key for acai bowl players to differentiate themselves.

1. Acai Bowls Take Over Riyadh and Jeddah

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• Riyadh takes the lead as the primary hub for acai bowl vendors in Saudi Arabia, with a majority of prominent players such as Oak berry, Yogi, and Moon Shell strategically locating their outlets within the city.
• Oak berry and Moon shell have established a strong presence in Jeddah, strategically situating a majority of their outlets in close proximity to gyms, shopping malls, and complexes. With Jeddah's growing working population, the city has emerged as a bustling hub for restaurants and cafes.
• In 2022, the combined sales of Oak berry, Moon shell, and Yogi surpassed the impressive milestone of 500,000 acai bowls. These three popular acai bowl vendors experienced remarkable success, demonstrating the growing demand and popularity of this healthy and delicious treat among customers.

2. Get Ahead of the Game: Offline and Online Marketing Strategies That Shine!

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• Offline Promotion Strategies

Reward Points and Loyalty Programs: Earn points on purchases, redeem for discounts and gifts, enhancing customer satisfaction and loyalty.

Bundling Complementary Products: Offer discounted packages, like 4 small Acai cups with different flavours, to provide value and variety.

Clear Focus on Unique Features: Promote acai bowls as a lifestyle choice, offer unique merchandise, like phone covers and keychains.

• Online Promotion Strategies

Influencer Marketing: Partner with fitness coaches, lifestyle bloggers, and food bloggers on social media for collaborative promotions.

Emerging Social Media Platforms: Utilize Snapchat, Pinterest for influencer marketing, recipe sharing, and captivating visuals.

Campaigns and Advertisements: Execute online campaigns, contests, and targeted ads on platforms like Instagram to reach the desired audience.

3. Game Changers: How Acai Bowl Players are Shaking Up the Industry!

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• The Kingdom's Acai, Smoothie, and Juice players experience their peak season during summer, with a majority of them boasting over 30% seat occupancy.
• In 2022, the top-selling menu items generated over 20% of the total revenue, indicating their popularity among customers. Furthermore, a significant number of acai bowl players complement their offerings with a diverse range of smoothies and juices.
• Acai bowl players are proactively striving to distinguish themselves by focusing on aspects such as food quality, diverse menus, competitive pricing, online ordering options, robust delivery infrastructure, exceptional customer experiences, and the adoption of innovative models like cloud kitchens.

Conclusion: With the projected surge in the KSA's acai bowl market and the rising appetite for healthy food and beverages, acai bowls have the potential to fuel the meteoric rise of the café and coffee chain industry. Acai bowl players, through strategic marketing, innovation, and catering to evolving consumer preferences, are poised to make a significant impact in the industry by 2027.

New Zealand Logistics: Infrastructure, E-commerce, Competition - Reshaping the Future, What Lies Ahead? : Ken Research

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The New Zealand Logistics Market has seen a consistent rise in market size from 2017 to 2022 and is expected to continue growing from 2022 to 2027. This growth is attributed to strategic location and strong transport infrastructure. However, a significant challenge arises with the unprecedented increase in shipping and fuel costs, which restrains the market's growth. To understand how New Zealand plans to tackle this issue and discover the market's future outlook, explore further. Learn about the innovative strategies and adaptations being implemented to overcome these obstacles and ensure the logistics market's continued success.

1. Robust agricultural & forestry industry absorbed the impact of COVID-19 in 2020 whereas the growth in online shopping, rise in manufacturing & pharma industries steered up the logistics demand in New Zealand

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2. Massive Food & Beverages Industry, Improvement in Transportation Infrastructure, integration of sustainable mode of transport for delivery, along with…

2.1 ...the increasing digitization, diversifying export destinations and rapid online retailing industry have stimulated the demand for logistics & continue to provide opportunities for the players

3. However, Unprecedented Hike in Shipping & Fuel Costs, Increasing Labor Shortage, etc., to restrain the growth of the Logistics Market in New Zealand

4. The strategic investments made by the New Zealand government to develop railway network, rehabilitate existing infrastructure combined with green port approaches will fuel the market growth in future

Some of the Intelligence Curated by Ken Research in Logistics Market Space:

• Egypt Logistics Market Outlook to 2026 Driven by high growth in E-Commerce, government policies attracting foreign investors & promising manufacturing sector.
• South Africa Logistics Industry Outlook to 2026 Driven by Foreign Infrastructural Investments and Government Support but held back by Covid and unstable political conditions in South Africa
• Global Cold Chain Market Outlook to 2027 Driven by Rising Import-Export Trade Volume and Domestic Consumption of Meat, Seafood, Fruits and Vegetable, the popularity of Ready to Eat frozen processed food
• Saudi Arabia Warehouse Automation Market Outlook to 2026 Bolstering Ecommerce Industry & Ambitious Government Plans for Digitalization to Pave Strong Grounds for Automation
• Philippines On-Demand Logistics Market Outlook to 2026 Driven by Unplanned Purchase of Convenience Seeking Filipinos with Rising Internet Penetration

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New Zealand Logistics Market

France Used Cars Market Outlook to 2027: Ken Research

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Future Outlook of France Used Cars Market: Ken Research

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

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

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

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

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

Key Segments Covered in the report: –

France Used Car Market

By Type of Market Structure

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

By Type Of Car

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

By Age of Vehicle

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

By Kms Driven and Type of Fuel Engine

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

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Key Target Audience

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

Time Period Captured in the Report:

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

Companies Covered:

Online Companies Covered:

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

 Offline Companies Covered:

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

Key Topics Covered in the Report

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

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France Used Cars Market Outlook to 2027

Related Reports by Ken Research: –

Saudi Arabia Used Car Market Outlook to 2026F

Egypt Used Car Market Outlook to 2026

Al Rajhi Bank Saudi vs. Saudi National Bank - A Clash of Financial Powerhouses in KSA Lending Market – Ken Research

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When comparing Al Rajhi Bank Saudi and Saudi National Bank (also known as Samba Bank), there are several factors to consider.

Both banks are prominent financial institutions in Saudi Arabia, but they have different strengths and areas of focus.

Here's a comparison between Al Rajhi Bank Saudi and Saudi National Bank:

History and Reputation:

Al Rajhi Bank Saudi:

 Inception in 1957, Al Rajhi Bank is one of the most popular and largest Islamic bank in the world.

It is popular among the masses for its enormous branch network and clients, as well as for operating in Sharia-compliant banking services.

Saudi National Bank (Samba Bank):

Founded in 1978, Saudi National Bank (Samba Bank) is among the leading banks in Kingdom of Saudi Arabia.

It has a great reputation for providing people, corporations, and organisations with a comprehensive range of banking products and services.

Size and Market Presence:

Al Rajhi Bank Saudi

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Founded in 1957, Al Rajhi Bank is Saudi Arabia’s second-largest lender by assets (US$102.18bn) and the world’s largest Islamic bank by capital.

It claims to have the largest customer base in Saudi Arabia with more than 12 Mn customers, also almost 10,000 employees and a network of more than 521 branches and 212 remittance centres across the Kingdom.

Al Rajhi Bank is well-known for its comprehensive market presence, thanks to its big client base and extensive network of branches and ATMs throughout Saudi Arabia.

It has a sizable market share and serves a variety of consumer sectors.

Saudi National Bank

SNB has more than 11 million customers, 500+ branches and a significant private banking proposition.

Samba Bank is also one of the largest banks in Saudi Arabia, with a substantial market presence. It offers its services to a diverse customer base, including retail and corporate clients, both domestically and internationally.

Technological Innovation:

Al Rajhi Bank Saudi:

Al Rajhi Bank has invested in digital transformation and offers a range of online and mobile banking services to its customers. Some of the key achievements included:

• 7 million active digital banking customers for the year under review
• Aggressive 145% YoY growth in digital onboarding with 90% of all retail customer accounts opened during the year opened via digital channels
• Payroll solutions for e-business customers
• A high performing, rapidly evolving mobile ecosystem with both the best-rated retail and business banking mobile apps in the Kingdom
• Delivery and roll out of end-to-end digitised Mortgage and Auto Lease financing solutions
• A 275% increase in assets powered by digitised personal finance products, and a significant increase in liabilities fuelled by non-profit bearing liabilities

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Saudi National Bank:

ITC InfoTech successfully completes 10 years of strategic association with Saudi National Bank.

ITC InfoTech in these years has played a pivotal role in the Bank’s modernization, digital transformation, and growth journey

Samba Bank has also embraced technology and offers innovative digital banking solutions. It provides online banking platforms, mobile banking apps, and digital wallets to enhance customer convenience and accessibility.

ITC Infotech has leveraged its extensive domain understanding and skills over the last decade to create best-in-class technology consulting solutions that assist customers in overcoming problems and accelerating growth in the Kingdom.

The organization will remain focused and committed to assisting clients in meeting Saudi Arabia's Vision 2030.

According to Ken Research, the analysis both banks have a massive market share and popularity, while choosing banking services as per individual vary based on different preferences and needs.

When choosing between Al Rajhi Bank Saudi and Saudi National Bank, it's important to look into major factors some of which are - specific banking needs curating to personal needs, general customer support, fees and charges, interest rates, and the overall convenience of banking services.

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

KSA lending market

Industrialization, technological advancement and government support are propelling the Karnataka Bricks and Blocks Market: Ken Research

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1. Urban sprawl and the ongoing building of numerous Greenfield ports, airports, and housing developments are helping the brick and block business in Karnataka to thrive.

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The main driver of the brick market in Karnataka is the growth of the building sector. The government's continued construction initiatives, including as the construction of an airport, the Ring Road, and housing communities, supported the brick market. As of July 2022, there are 34 operational SEZs, 61 SEZs with formal approvals, and 50 notified SEZs in Karnataka, which is the IT heartland of India and home to the fourth-largest technological cluster in the world. This is what is causing the need for bricks in the area.

2. AAC manufacturers emergence, rapid urbanization, government support, and technical advancement are the key elements that encourage expansion.

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AAC Blocks market have been witnessing entry of multiple manufacturing players in the last 3-4 years as the government has taken initiative to use AAC Blocks to reduce environmental impacts and improve energy efficient materials in brick manufacturing process. On the other hand, construction activity is rising as a result of rapid urbanization, with the current population of 66.2 Mn which is projected to grow to 74.2 Mn by FY 2027F pressurizing the cities for development and improving the infrastructure of the state for better quality of life. Additionally, the Karnataka government has ordered operators of thermal power plants to give fly ash to brick producers at no charge. To encourage manufacturers' interest in creating fly ash bricks, numerous incentives are being offered to reduce carbon emissions. Furthermore, new building technologies are being developed, such as Smart Bricks and Apis Cor, which will benefit the market. SAM is a robot that semi-automates brick wall construction, able to lay 3000 bricks per day while a worker typically lays 500, and Apis Cor is a robot that can construct a house in 24 hours.

3. The Karnataka AAC Block Market is expanding due to rising demand for energy-efficient buildings, durability, and the state's abundant supply of blocks.

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The primary growth drivers of the market for AAC blocks are increasing urbanization and industrialization. Development in the infrastructure sector, rising interest in using lightweight materials in construction, and rising interest in the construction of green buildings are further drivers boosting growth. In addition, the government of Karnataka is actively undertaking Smart City initiatives in Bengaluru, Mangaluru, Shivamogga, Tumakuru, Davanagere, Hubballi-Dharwad, and Belagavi. As a result, the demand for AAC blocks from these regions is increasing quickly in many commercial projects.

4. Karnataka Bricks and Blocks Market faces difficulties such as technological obsolescence, socio-economic concerns, and environmental restrictions.

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Since its inception, the brick industry in Karnataka has produced bricks using traditional methods and has not significantly advanced technologically. The majority of bricks are made manually due to a lack of technological expertise and government funding. Additionally, the existing decentralized production activity used by the Karnataka brick industry is energy-intensive, resource-depleting, and extremely polluting. Furthermore, because labor is brought in through a contractor and is not protected by the act due to the unorganized level of industry, workers in the Karnataka brick business are subjected to harsh working conditions and low pay.

Global Bearings Market is forecasted to grow further into US$ 120 billion Opportunity by 2028: Ken Research

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What is the Size of Global BEARING INDUSTRY?

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

The Bearing Market is largely driven by continuous upgradation in the product from multiple players, and growing usage of bearings.

New product launches by players and collaboration among the industry is one of the driving factors of the Global Bearing Market. For instance, In June 2022, The Timken Company announced that it is designing and supplying main shaft bearings for GE Renewable Energy Haliade-X, the world’s most powerful offshore wind turbine. Furthermore, In December 2020, The Timken Company acquired the assets of Aurora Bearing Company.

Aurora manufactures rod ends and spherical plain bearings, which serve a diverse range of defense sector.

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Counterfeit products are posing one of the major challenges for the Bearings Market. Leading companies in bearings product manufacturing are more open to this threat. Manufacturing fake products lead to machine damage and injuries. For instance, In October 2019, JTEKT cooperated with World Bearing Association (WBA) and its efforts against counterfeiting globally by developing a new WBA Check App (WBA Bearing Authenticator) to protect its customers and dealers from property damage risk, injuries, and other events.

GLOBAL BEARING MARKET BY PRODUCT TYPE

The Global Bearing market is segmented by Product type into Plain Bearing, Ball Bearing, Roller Bearing and Others.

Rolling bearing segment held the largest market share of the Global Bearings Market in 2022P. Rolling bearings are used in multiple industries such as automotive, capital equipment, aerospace, home appliances, and others

Roller bearing is a type of rolling-element bearing that used a cylinder instead of a ball. Roller bearings are used in all main shaft and auxiliary drive shaft applications to support the pure radical load.

In July 2021, NTN Bearing Corporation announced the latest innovation, the KIZEI spherical roller bearing. Spherical roller bearings are manufactured with metallic shields that protect the bearing from solid contamination such as dust, pebbles, and other debris.

GLOBAL BEARING MARKET BY APPLICATION TYPE

The Global Bearing Market is segmented by Application into Automotive, Application Transmission, Aerospace & Defense, Construction and Others.

The automotive segment accounted for the largest market share in 2022P, owing to the surging automobile production worldwide.

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The increasing demand for vehicles is leading the automotive segment and is forecasted to be the fastest-growing segment in the forecast period.

In September 2022, SKF and NIO, a leading premium smart electric vehicle manufacturer, have strengthen the strategic corporation. As part of the agreement, SKF will be the preferred supplier of ceramic ball bearings.

GLOBAL BEARING MARKET BY GEOGRAPHY

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

Asia Pacific accounted for the largest market share within the Global Bearings Market in 2022P, owing to surging machinery and motor vehicle production.

The increasing demand for aftermarket products for industrial equipment and motor vehicle repair. The surging construction and mining industry requires efficient industrial tools to operate, which further propels the growth of this region. Presence of leading companies manufacturing bearings products, like JTEKT Corporation, NSK Ltd., NTN Corporation, HKT Bearings Ltd., and others, are expected to further boost the expansion of this market.

For More Insights On Market Intelligence, Refer to the Link Below: –

Global Bearings Market