Monday, August 21, 2023

The Powerhouse Behind Vietnam Logistics Market: Freight Forwarding Sector Generates over USD 50 Bn in 2022, Fueled by Growing Road Freight Transport Sector and Favorable Government Regulations. What Lies Ahead? Ken Research

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The Vietnam Logistics Market is highly fragmented with competitive rivalry among the competitors. Some of the popular logistics brands like Vietnam Post, DHL and Viettel Post compete on the basis of revenue, location, warehousing space, number of warehouses and number of fleets.

Vietnam Logistics Market

1.Driving Forward: Vietnam's Growing Road Freight Transport Sector Expands with Government-led Infrastructure Development.

Vietnam Logistics Market

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Vietnam’s road quality urgently needs improvement given that road transport is the backbone of the country’s logistics and transport industry. 20% of roads are paved with medium to low-quality materials that result in cracks and bumpy surfaces.

Construction of 1,800 Km HCMC-Hanoi highway will aid transport and goods movement throughout the country.By 2030, the Government aims to achieve a cargo transportation capacity of 4.4 Bn tons and a road transport capacity capable to move 2.7 Tons of cargo per year.

2.Unraveling Vietnam's Government Rules and Regulations: Navigating Freight Forwarding's Transportation and Capital Requirements.

Vietnam Logistics Market

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Regulation on Road Freight:

  • Permissible width of loading cargoes should not exceed 1.1 times of the total length of the vehicle not more than 20.0 meters.
  • Rudimentary vehicles are not allowed to load cargoes exceeding the rear and front more than the 1/3 of body length.

Regulation on Air Freight:

Charter Capital Requirements for airlines with maximum of:

  • 10 aircrafts: $ 29.8 Mn (international) and $ 12.8 Mn (domestic transportation).
  • 11-30 aircrafts: $ 42.6 Mn (international services) or $ 25.5 Mn (domestic flights)
  • 30 aircrafts: $ 55.4 Mn (international) and $ 29.8 Mn (domestic).

Market Maxomony

Vietnam Logistics Market Segmentation

By Service Mix

  • Freight Forwarding
  • Warehousing
  • CEP
  • Value Added Services

Vietnam Freight Forwarding Market Segmentation

By Mode of Freight

  • Road Freight
  • Sea Freight
  • Air Freight

By Type of Freight

  • International Freight
  • Domestic Freight

By Types of Operators

  • Small Fleet Operator (SFO)
  • Medium Fleet Operator (MFO)
  • Large Fleet Operator (LFO)

By End-User

  • Retail
  • Oil and Gas
  • Textiles
  • Pharma
  • Others

Vietnam Warehousing Market Segmentation

By Warehousing Types

  • General/Industrial/Retail
  • CFS/ICD
  • Cold Storage
  • Agriculture and Others

By Warehouse Locations

  • Northern
  • Central
  • Southern

By End-User

  • Retail
  • Oil and Gas
  • Textiles
  • Pharma
  • Others

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Major Players Mentioned in the Report:

  • Yusen Logistics
  • Transimex
  • Gemadept Corporation
  • Maersk
  • Kuehne+Nagel
  • MP Logistics
  • ITL
  • Vietnam Post
  • Viettel Post
  • Vietnam Maritime Corporation
  • Expeditors
  • Bee Logistics
  • DB Schenker
  • Vinafrieght Joint Stock Company
  • CJ Gemadept
  • Ceva Logistics
  • GHN Express
  • DHL VNPL Express
  • EMS

Key Target Audience

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

Time Period Captured in the Report:

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

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Vietnam Logistics Market Outlook to 2027

Related Reports by Ken Research: –

Indonesia Logistics Market Outlook to 2027

Global Industrial Robotics Market Size & Share Report – Ken Research

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What Is The Size Of Global Industrial Robotics Industry?

Global E-Bike Market is growing at a CAGR of ~% in 2017-2022 and is expected to reach USD ~ Bn by 2027.

The Global E-Bike Market is largely Factors such Rising penetration of the IoT and investments in robotics across regions have been major contributors to the market's growth. For instance, the “Made in China 2025” announcement aimed to broadly upgrade the Chinese industry by moving toward quality-focused and innovation-driven manufacturing. However, high cost of investment hinders the market growth. Furthermore, improvement in automation infrastructure is expected to offer lucrative opportunities for the industrial robotics market growth. Governments of various countries are taking initiatives to improve the automation sector by encouraging R&D in the industry alongside inviting investments.

Industry 4.0, the newest industrial revolution, has fueled the development of new technologies, like collaborative robots, AI-enabled robots, etc., and has enabled industries to use robots to streamline many processes, increase efficiency, and eliminate errors. Increased workplace safety and improved production capabilities have further driven industries to invest in robotic systems.

Global Industrial Robotics Market

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Global Industrial Robotics Market segmentation by Robot type

The Global Industrial Robotics Market is segmented by type into Linear Robots, Articulate Robots, SCARA, Cylindrical Robots & Others. The Articulate robot type accounted for the largest share of market whereas the cylindrical segment is expected to witness growth at the highest CAGR during the forecast period.

Global Industrial Robotics Market Segmentation By End-User

The Global industrial Robotics Market is segmented by End-user type into Automotive Industry, Chemical Construction Industry, Construction Chemical, Food & Beverage Industry, Pharmaceutical Industry & Others. The Automotive Industry accounted for the major chunk of market share.

Global Industrial Robotics Market Segmentation By Region

The Global Industrial Robotics Market is segmented by region into Asia Pacific, Europe, Latin America, Middle East, North America Others. The Asia Pacific dominated the industrial robotics industry in 2022 and contributed toward a share of over 65%. The region is expected to dominate throughout the forecast period as well.

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Competition Scenario In Global Industrial Robotics Market

The Global Industrial Robotics market is a highly competitive and diverse industry with many major players operating in the region. Here are some of the leading catering companies in the global Industrial Robotics Market. Top players such as ABB Ltd, Yaskawa, Denso Corporation, Fanuc Corporation, Kuka AG market is largely driven by rising demand for automation.

What Is The Expected Future Outlook For The Industrial Robotics Market Across The Globe?

The Global E-Bike Market was valued at USD ~billion in 2022 and is anticipated to reach USD ~billion by the end of 2027, witnessing a CAGR of ~% during the forecast period 2022-2027. 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 Industrial Robotics Market is driven by rising penetration of the IoT and investments in robotics across regions. For instance, the “Made in China 2025” announcement aimed to broadly upgrade the Chinese industry by moving toward quality-focused and innovation-driven manufacturing.

Some of the major factors driving the market include rising demand for high-quality products (which need proper end-to-end visibility in the manufacturing process), the need for energy conservation, and rising focus on workplace safety. Incremental advancements in technology, coupled with a sustained increase in the development of manufacturing facilities, are also expected to drive this market, for instance, according to the Association for Advancing Automation (A3), which monitors industrial robot sales in North America. Companies ordered 44,196 robots in 2022, 11% more than in 2021.

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Industrial Robotics Market

Australia Lubricant Market on Fast Track with Impressive ~5.9% Projected CAGR by 2027: Ken Research

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The lubricant market in Australia was dynamic and competitive, with both domestic and international companies operating in the market. The industry attracted various players offering a wide range of lubricant products and services.

STORY OUTLINE

  • The demand for automotive lubricants in Australia is projected to rise significantly due to the increasing production and sales of light commercial vehicles and heavy-duty vehicles, particularly for trade transport purposes.
  • The automotive sector plays a crucial role in lubricant consumption, driven by the growing number of vehicles on the road and a rising ownership rate, leading to higher demand for automotive lubricants.
  • The expansion of the industrial sector, including manufacturing, mining, construction, and agriculture, further contributes to the overall demand for lubricants in Australia as machinery and equipment require proper lubrication for optimal performance.
  • Environmental concerns have sparked an evolution in the lubricant market, leading to a growing demand for eco-friendly and sustainable lubricant solutions to meet consumer preferences and comply with environmental regulations.

Australia lubricant market

Explore More About Automotive Lubricant Industry

The rising production and sales of both light commercial vehicles and heavy-duty vehicles, particularly for trade transport purposes, are projected to drive the demand for automotive lubricants across Au in the foreseeable future. The automotive sector plays a crucial role in lubricant consumption in the country, with an increasing number of vehicles on the road and a growing ownership rate, leading to a corresponding increase in demand for automotive lubricants. Additionally, the expansion of the industrial sector, encompassing manufacturing, mining, construction, and agriculture, further contributes to the overall demand for lubricants in Australia.

1. Rising Vehicle Sales Fuels, the Australia Lubricant Boom

Australia lubricant market

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The automotive industry's revenue in Australia has reached an all-time high, largely driven by increased vehicle sales and servicing demands. Over the last year, vehicle sales in Au have experienced a consistent rise of 15%.

Australia's automotive sector experienced consistent growth, with rising vehicle sales over the years. This trend boosted the demand for automotive lubricants as more vehicles were on the road, requiring regular maintenance and lubrication.

With more Australians purchasing new vehicles, the demand for quality lubricants has soared. Manufacturers, distributors, and retailers in the lubricant industry are experiencing a boost in business, as they strive to meet the needs of this expanding market.

2. Industrial Expansion Fuels a Booming Australia Lubricant Market

The expanding industrial sector, including manufacturing, mining, construction, and agriculture, drove the demand for lubricants. As industries grew, the need for lubricants to ensure the smooth functioning of machinery and equipment also increased.

Australia's mining industry plays a critical role in the nation's economy, given its abundant mineral and natural resource deposits. As a significant consumer of lubricants, the mining sector heavily relies on these products for maintaining its heavy mining equipment.

Lubricants are essential in this industry as they contribute to improved equipment productivity and reduced downtime, ensuring the smooth functioning and longevity of mining machinery.

3. Environmental Concerns Fuel Australia's Lubricant Market Evolution

Australia lubricant market

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The growing environmental consciousness among consumers and industries led to an increasing demand for environmentally friendly lubricants with lower environmental impact, driving the market for bio-based and sustainable lubricants.

Several lubricant manufacturers and suppliers in Australia have been investing in research and development to offer sustainable lubricant solutions to meet the growing demand for eco-friendly products.

The adoption of environmentally friendly lubricants in various industries, including automotive, industrial, and marine, has been on the rise, driven by environmental regulations and consumer preferences.

Moreover, the lubricant market is undergoing a transformation fueled by environmental concerns, with a rising demand for eco-friendly and sustainable lubricant solutions. Manufacturers and suppliers are investing in research and development to cater to this growing segment, aligning their products with environmental regulations and consumer preferences.

Will Innovation and Demand Drive Unprecedented Growth in the US Real Estate Services Market? : Ken Research

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National home prices reach record high amid signs of weakening market, with the Pacific division experiencing sharp price declines.

Existing-home sales hampered by housing inventory shortage as sellers hold on to lower-rate mortgages, hindering market growth.

2. Opportunities remain in US real estate service market despite headwinds

US real estate transactions, 2022

US real estate service market

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The latest Federal Housing Finance Authority (FHFA) House Price Index (HPI) shows national home prices rose at a seasonally adjusted rate of 0.7% between March and April and 3.1% from a year ago, culminating in the index reaching a new record high of 400 in April. The FHFA HPI is a collection of indices measuring single-family home values across all 50 states and over 400 cities using data derived from conforming mortgages provided by Fannie Mae and Freddie Mac.

The census divisions East South Central and New England showed the biggest 12-month price gains at 6.1% and 6%, respectively, according to the index. The Pacific experienced the sharpest price declines from last year at -3.8%.

Though existing-home median sales prices are down from their eye-watering June 2022 peaks, prices have been creeping back up since February.

The median existing-home sales price in May rose to $396,100, according to the National Association of Realtors (NAR). However, this is down 3% from a year ago and the fourth consecutive month of year-over-year national home price declines after a 131-month streak of record increases.

2. Some Experts Foresee Sluggish Housing Market Recovery

US real estate service market

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Although weekly averages for 30-year mortgage rates are down from their fall 2022 peak, if the ongoing oscillation between 6.5% and 7% continues—or rates break through 7% again—it’s hard to imagine housing market conditions significantly improving anytime soon.

Considering there are still 91% of borrowers with mortgage rates below 6% and roughly 82% of homeowners sitting on rates below 5%, according to Redfin, a sustained uptick in mortgage applications isn’t likely to materialize in the immediate future.

“Purchase applications increased for the third consecutive week to the highest level of activity since early May but remained more than 20% lower than year-ago levels,” said Joel Kan, vice president and deputy chief economist at the Mortgage Bankers Association. Existing-home sales continued to be held back by a lack of for-sale inventory as many potential sellers are holding on to their lower-rate mortgages.”

Mortgage originations amounted to only $344 billion in the first quarter of 2023, their lowest total since the second quarter of 2014, according to a Freddie Mac report. Meanwhile, though existing-home sales did record a nominal gain of 0.2% from April to May, sales are down 20.4% from a year ago, per NAR.

The US real estate market remains a dynamic and influential force, shaped by various factors, including economic conditions, population trends, technological advancements, and shifting consumer preferences. Over the years, it has shown resilience and adaptability, with periods of both growth and challenges. Despite occasional fluctuations, the market continues to hold significant potential for investors, homeowners, and industry professionals alike.

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US Real Estate Industry

Shopping Showdown: Phoenix Market City vs. Orion Mall - Which Reigns Supreme? – Ken Research

 Orion Mall and Phoenix Market City are both prominent shopping destinations in Bangalore, India. Each offers unique experiences and features that cater to diverse customer preferences.

STORY OUTLINE

  • Orion Mall and Phoenix Market City are two prominent shopping destinations in Bangalore, offering unique experiences to cater to diverse customer preferences.
  • Orion Mall, established in 2012, boasts upscale retail space with a curated selection of luxury brands, targeting discerning shoppers seeking premium experiences.
  • Phoenix Market City, established in 2011, stands as Bangalore's largest mall, covering a vast area with a diverse mix of brands, appealing to a broader audience.
  • Both malls provide an array of dining options to cater to different tastes and budgets, from upscale restaurants to family-friendly eateries.
  • The entertainment offerings at Phoenix Market City attract a higher footfall, featuring a larger entertainment complex compared to Orion Mall, which focuses on providing a premium cinema experience.

Opening its doors in 2012 in Bangalore, Orion Mall has quickly gained renown for its sophisticated and elegant ambiance, drawing in discerning shoppers in search of a premium and upscale shopping experience.

Established in Bangalore in 2011, Phoenix Market City stands as the city's largest mall, spanning an extensive area of 1,400,000 square feet (130,000 m2), with 1,000,000 square feet (93,000 m2) designated for retail space spread across four floors. Housing a remarkable assortment of 296 stores, a cutting-edge nine-screen PVR Cinemas multiplex, and a diverse food court, the mall is designed to cater to the diverse needs of its visitors.

1. Orion and Phoenix Compete in Retail Space and Brand Diversity

Phoenix Market City Bangalore

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Orion Mall: Orion Mall boasts a vast retail space of approximately 8,00,000 sq. ft., offering a curated selection of luxury and high-end brands. It caters to upscale shoppers seeking premium shopping experiences.

Phoenix Market City: With an expansive retail area of around 8,20,000 sq. ft., Phoenix Market City accommodates a diverse mix of brands, catering to a broader audience, including mid-range and popular brands.

2. Orion Mall vs. Phoenix Market City - The Battle of Dining Delights

Phoenix Market City Bangalore

Explore Customer and Retailer Perception

Orion Mall: Offers a selection of upscale restaurants and fine dining options, catering to gourmet enthusiasts. It hosts approximately 40 premium dining outlets.

Phoenix Market City: Provides a diverse range of dining choices, including fast-food outlets, cafes, and family-friendly restaurants. The mall features around 70 dining establishments, appealing to various tastes and budgets.

3. Orion and Phoenix Compete for Bangalore's Entertainment Crown

Phoenix Market City Bangalore

Discover Customer Survey Index for Events and Promotions

Orion Mall: Features a multiplex cinema with state-of-the-art facilities, offering a premium movie-watching experience. The cinema attracts an average of 3,000 moviegoers per week.

Phoenix Market City: Boasts a larger entertainment complex, including a multiplex cinema, gaming zones, and an indoor amusement park. On average, the entertainment facilities attract over 6,000 visitors per week.

4. Phoenix Market City vs. Orion Mall - The Ultimate Parking Face-Off

Orion Mall: Conveniently caters to shoppers and visitors with parking space for about 2,500 vehicles.

Phoenix Market City: Accommodates a higher volume of shoppers and event attendees, offering parking facilities for around 3,000 vehicles.

5. Phoenix vs. Orion - Who Draws the Bigger Crowds?

Orion Mall: Witnesses an average annual footfall of around 4 million visitors, driven by its premium retail offerings and upscale positioning.

Phoenix Market City: Records a higher annual footfall of approximately 6 million visitors, owing to its diverse brand mix, vibrant events, and entertainment offerings.

In conclusion, Orion Mall and Phoenix Market City represent two prominent shopping landmarks in Bangalore, each catering to distinct shopper preferences. While Orion Mall boasts upscale luxury retail and a refined ambiance, Phoenix Market City's vast space and diverse brand mix appeal to a broader audience. Both malls excel in providing dining options, but Phoenix Market City's entertainment offerings draw a larger footfall. Ultimately, these shopping destinations enrich Bangalore's retail landscape, offering unique experiences for all.

Phoenix Market City Bangalore

Future Outlook of UK Real Estate Service Industry: Ken Research

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What Is The Size Of UK Real Estate Service Industry?

UK Real Estate Service market is growing at a double digit CAGR in 2017-2022 and is expected to reach UKD ~ Bn by 2028. The UK Real Estate Service Market is largely driven by a strong and growing economy creates demand for commercial properties, office spaces, and residential housing, leading to increased opportunities for real estate services. As the population grows, there is a higher demand for housing and infrastructure development, driving the need for real estate services in both residential and commercial sectors. UK Real Estate Service Market is at a growing stage. It is a fragmented market with the presence of many companies.

Number of Real Estate Agencies UK

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The market has seen emergence of abundant players in the past 5 years and the industry will further boost owing to the needs and wants of consumers for a more customized pet food platform. Few major UK Real Estate Service players are Jones Lang Lasalle Incorporated, CBRE Group Inc., Brookfield Properties LLC, Home services of America Inc., Cushman & Wakefield Holdings Inc., Silverpeak Real Estate Partners LP, The Long & Foster Companies Inc. etc. North America to dominate the global cat food market. An increase in awareness and lifestyle changes is the fundamental driver of Pet market growth. Customers are more likely to remain loyal when their needs are customized.

UK Real Estate Service Market Segmentation by Property Types

The UK Real Estate Service market is segmented by Property Types. Residential property was the dominant form.

UK Real Estate Service Market Segmentation by Service

The UK Real Estate Service market is segmented by Service. Property Management was the most dominant in 2022.

UK Real Estate Service Market Segmentation by Region

The UK Real estate service market is segmented by Region into England, Wales, Northern Ireland, Scotland and Other Regions. England held the major market share in market in 2022.

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Competition Scenario in UK Real Estate Services Market

The UK real estate service market is fragmented. The report covers the major players operating in the United States Real Estate Services. The UK real estate services market has both international and local players. Some of the prominent players in the industry are Jones Lang Lasalle Inc., CBRE Group, Brookfield properties LLC, Home services of America Inc., and Cushman & Wakefield Holdings Inc. The growing real estate market, adoption of new technology by real estate services providers, and a few other factors will increase the growth of the market.

What Is The Expected Future Outlook For The Overall UK Real Estate Services Market?

The UK Real Estate Services market was valued at UKD ~ billion in 2022 and is anticipated to exceed UKD ~ billion 2028, witnessing a robust CAGR during the forecast period 2022-2028. 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 UK Real Estate Services market is driven by the trend of people moving to urban areas drives demand for real estate services, as cities expand, and new properties and developments are required.

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Low mortgage rates encourage homebuying and real estate investment, leading to increased demand for real estate services like property sales and mortgage financing. The government has set forth ambitious strategies to leverage digital technologies extensively in enhancing its services, processes, and decision-making capabilities, as well as facilitating efficient data sharing with the public. Similarly, in response to the increasing demand for sustainable housing solutions, real estate companies have been introducing novel and innovative products into the market.

The concept of sustainable construction practices is proving to be a highly advantageous investment and a responsible choice for the environment when it comes to real estate development. With increasing concerns about the ecological impact of building materials and waste management in construction, there is a push for new policies and legislation that require developers to prioritize sustainable building materials and adopt eco-friendly construction practices. These measures aim to ensure that real estate projects take responsibility for minimizing their environmental footprint and contribute to a more sustainable and greener future for the industry. The global real estate market is projected to grow significantly during 2022-2028, driven by increasing awareness of sustainable development and eco-friendly construction practices. Governments are adopting green building certifications and policies to encourage responsible choices among real estate developers and investors.

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UK Real Estate Service Market Outlook to 2028

Related Reports by Ken Research: –

US Real Estate Service Market Outlook to 2028

KSA Real Estate Service Market Outlook to 2026F

Vietnam Real Estate Market Outlook to 2025

5 Major Investment in KSA Seafood and Fish Feed Market: Ken Research

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Story Outline

  • Government funds fuel KSA's seafood market growth with Vision 2030's 600,000-ton seafood production target.
  • Foreign investments surge, like Marine Harvest's USD 120M fish farming project and Skretting's USD 200M fish feed factory.
  • Private sector actively invests in KSA's seafood industry, with NAQUA and Saudi Fisheries leading the way.
  • Investment funds, including SALIC, boost seafood projects for food security and domestic production.
  • VC firms like Impact46 back innovative seafood startups, like "Fish Farm," advancing aquaculture and fish feed solutions.
  • According to Ken Research, The KSA Seafood and Fish Feed Market is expected to reach $900 Mn by 2027, currently the market is growing at a CAGR of ~11% in 2022.

The Kingdom of Saudi Arabia (KSA) has been an attractive investment destination for decades, thanks to its abundant natural resources, growing economy, and favorable business environment.  Recently, the seafood and fish feed market in the Kingdom has emerged as a potential magnet for both local and foreign investments.

This rising trend is fueled by various factors such as a burgeoning population, increasing per capita income, government-led initiatives, and a growing preference for healthier diets. To fully grasp the potential and depth of this market, it is crucial to understand the investment landscape. This comprehensive analysis uncovers the major investments in the KSA seafood and fish feed market and the entities driving them.

1.Government Investments towards Self-Sufficiency

KSA Seafood and Fish Feed Market

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The Saudi government has been a leading investor in the country's seafood and fish feed market. As part of its Vision 2030, the government aims to produce 600,000 tons of seafood annually by 2030 to achieve significant self-sufficiency. This ambitious plan has attracted significant government investments in the aquaculture sector. The National Industrial Development and Logistics Program (NIDLP), under Vision 2030, has allocated a staggering SAR 5.3 billion (~ USD 1.41 billion) to the fisheries sector, including aquaculture and fish feed production. This initiative is expected to create 100,000 direct and indirect jobs in the sector, further demonstrating the government's commitment to developing a robust seafood and fish feed market.

2.Increasing Foreign Direct Investment in Seafood Sector

KSA Seafood and Fish Feed Market

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The KSA seafood and fish feed market's potential hasn't gone unnoticed by foreign investors. In 2018, the Norwegian seafood company, Marine Harvest, announced an investment of USD 120 million to set up a fish farming operation in Saudi Arabia.  The investment includes a hatchery, fish farms, and a processing plant to cater to the rising demand for seafood in KSA and the broader Middle East.

Furthermore, in 2021, Skretting, a leading fish feed manufacturer from Norway, announced plans to invest USD 200 million in constructing a state-of-the-art fish feed factory in the Kingdom. Skretting's entry into the Saudi market is a strong testament to the lucrative prospects of the fish feed market, which is closely tied to the seafood industry's growth.

According to Ken Research, The KSA Seafood and Fish Feed Market is expected to reach $900 Mn by 2027, currently the market is growing at a CAGR of ~11% in 2022 owning to influx of major investment, government vision 2030 and change in consumers preferences.

3.Private Sector Participation in KSA Seafood Sector

The private sector in Saudi Arabia has also recognized the growth potential in the seafood and fish feed market. Several private companies have invested heavily in various segments of this market, contributing to its rapid development.

For instance, the Jazan-based National Aquaculture Group (NAQUA), one of the largest aquaculture companies in KSA, has invested extensively in creating an integrated aquaculture system. This includes hatcheries, fish farms, and a feed mill with an annual production capacity of 50,000 metric tons of fish feed.

Moreover, the Saudi Fisheries Company, a public company listed on Tadawul (the Saudi Stock Exchange), has also invested significantly in expanding its seafood processing capacity and developing a high-quality fish feed portfolio.

 4.Investment Funds eyeing on KSA Fish Feed Industry\

KSA Seafood and Fish Feed Market

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Investment funds are playing a significant role in shaping the KSA seafood and fish feed market. In 2020, the Saudi Agricultural and Livestock Investment Company (SALIC), a subsidiary of the Public Investment Fund (PIF), invested USD 100 million in an offshore shrimp farming project in the Red Sea. This investment is part of a larger strategy to enhance domestic seafood production and promote food security in the Kingdom.

Furthermore, in 2021, the Saudi Investment Bank (SAIB) and the Arab Investment Company (TAIC) jointly launched a USD 400 million fund dedicated to investments in the food and agriculture sector, including the seafood and fish feed market. This initiative further underscores the significant investment potential of the market.

5.Venture Capitalists are backing Innovative Seafood Startups in KSA

Venture capital (VC) has emerged as a vital source of investment in the KSA seafood and fish feed market. Several startups in this sector have caught the attention of VC firms with their innovative solutions. One such example is Jeddah-based startup “Fish Farm,” which secured USD 1.5 million in seed funding in 2022 from the Riyadh-based VC firm, Impact46.

Fish Farm leverages advanced aquaculture technologies to produce high-quality seafood and has plans to develop a proprietary line of fish feed.

Conclusion

The Kingdom of Saudi Arabia's seafood and fish feed market is witnessing a surge of investments from various sources, reflecting the sector's lucrative potential. Government initiatives, foreign direct investments, private sector participation, investment funds, and venture capital have all contributed significantly to this growth narrative. This infusion of capital has not only helped the market evolve but also positioned it for sustained future growth.

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KSA Seafood and Fish Feed Market Outlook to 2027

Related Reports by Ken Research: –

India Aquaculture Feed Market Outlook to 2027

Driving Growth: Factors Accelerating France's Agri-Equipment Market: Ken Research

 France has a significant agricultural sector, and the market for agricultural equipment has been robust. Agricultural machinery has been growing steadily in France over the study period.

STORY OUTLINE

  • Diverse Offerings, Competition: France's Agri equipment sector boasts varied products, fueling intense competition as manufacturers vie for dominance in a dynamic market landscape.
  • Global and Local Rivals: Industry giants like John Deere and domestic players such as Claas compete fiercely, leveraging technology, branding, and distribution networks.
  • Innovation Thrives: Competitors prioritize innovation, racing to introduce advanced solutions like precision tech and automation to gain an edge in the market.
  • Farm Size Drives Demand: Growing farm sizes spur competition among manufacturers to provide high-capacity machinery that maximizes efficiency on expansive agricultural lands.
  • Customer-Centric Focus: Evolving farmer expectations, including sustainability and tech integration, compel manufacturers to differentiate offerings and provide comprehensive post-sales services, sustaining competitiveness.

1. The Tech Renaissance Accelerating France's Agri-Equipment Landscape

France Agri-Equipment Market

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Advanced technologies like GPS-guided tractors and drones enable precise application of fertilizers, pesticides, and irrigation, leading to optimized resource usage and increased yields.

Smart agriculture equipment collects and analyzes data on soil conditions, weather patterns, and crop health. Farmers can make informed decisions to adjust their practices for better outcomes.

VRT systems adjust input application rates based on real-time data. Farmers can apply inputs at varying rates across different parts of the field, responding to variations in soil quality and crop needs. This not only improves yield but also minimizes over-application of inputs.

2. France's Agri Equipment Sector Flourishes Through Policy Support

Government support in the form of subsidies, grants, or favorable policies for farmers to modernize their equipment can significantly impact the market growth. These incentives can encourage farmers to invest in new machinery.

France has been among the leading countries in Europe for organic farming. The government's support for organic farming had led to significant growth in the sector, with over ~10% of agricultural land being used for organic production.

The European Union's Common Agricultural Policy (CAP) is a significant driver of agricultural subsidies in France. As of 2021, France was one of the largest recipients of CAP funding, receiving billions of euros annually to support its agricultural sector.

3. Intense Market Competition in France's Agri Equipment Sector

France Agri-Equipment Market

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Major global agricultural equipment manufacturers, such as John Deere, CNH Industrial, and AGCO, have a strong presence in the French market. These companies bring their advanced technologies, established brands, and extensive distribution networks, intensifying competition.

France also has its own established domestic manufacturers, such as Claas and Michelin, which produce a variety of agricultural machinery and equipment. These domestic players compete both in the local market and globally, contributing to the competitive environment.

Manufacturers compete not only in terms of the machinery they sell but also in the quality of after-sales services, including maintenance, spare parts availability, and technical support.

In conclusion, the convergence of technological innovation, government support, and fierce market competition has redefined France's Agri-equipment landscape. Precision farming tech, subsidies for sustainability, and a diverse competitive arena collectively shape a dynamic future for the sector, promoting efficient and advanced agricultural practices.

France Agri-Equipment Market

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Major Players Mentioned in the Report:

  • John Deere Sas
  • CNH Industrial (New holland)
  • AGCO Corporation (Massey ferguson, fendt)
  • CLAAS KGaA mbH
  • Kubota Europe SAS

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

  • Existing Agricultural Equipment Companies
  • Agricultural Equipment Financing Companies
  • Investors & Venture Capital Firm
  • Agricultural Equipment Manufacturers
  • Agricultural Equipment Distributors
  • Agricultural Equipment Associations
  • Government Entities
  • Potential Market Entrants
  • Industry Associations
  • Consulting Agencies
  • Government Bodies & Regulating Authorities

Time Period Captured in the Report:

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

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

France Agri-Equipment Market

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Friday, August 18, 2023

Rise Of Digitization Is Defining The Future Of India Test Preparation Market: Ken Research

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Over the past few decades, the Indian test preparation business has undergone a phase of transition from one-on-one personal coaching to group instruction of a sizable student pool by numerous organized players. Presently, the online medium has become the most preferred way of learning.
As a result, online test preparation players have expanded in the market. In this edition, we have highlighted how the use of online mediums is anticipated to become the future of the India Test Preparation Industry.

1. The Cut-throat Competition-oriented structure of India, coupled with the high repute of top institutes & jobs makes Test Preparation popular in IndiaIndia Test Preparation Industry 

Request a Call with Expert to know more about the business model

2. Presently, the Online medium is the most preferred mode of test preparation among students due to Convenience, Performance Tracking & Ease provided to Concentrate at home

India Test Preparation Market

3. Online Test Preparation is poised to be the Future of the India Test Preparation market as Offline coaching centers have very limited access

India Test Preparation Market

4. Enhance technology by the online Test preparation players have been the key growth driver as it has improved User Engagement through Interactive, & Personalized Learning

India Test Preparation Market

5. Technological Developments & Policy Changes will strongly impact the Test Prep Landscape in India and will drive the growth of the market in coming years

India Test Preparation Market

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

    • Australia Corporate Training Market Outlook to 2027F Segmented by industrial vertical (IT, Telecom, BFSI, FMCG, Automotive, Manufacturing and Healthcare), by deployment (On-Site and Off-Site), by employee designation (managerial, non-managerial and integrated), by mode of learning
    • China Corporate Training Market Outlook to 2027F Segmented by industrial vertical (IT, Telecom, BFSI, FMCG, Automotive, Manufacturing and Healthcare), by deployment (On-Site and Off-Site), by designation of employee (managerial, non-managerial and integrated)
    • Indonesia Corporate Training Market Outlook to 2027F Segmented by industrial vertical (IT, Telecom, BFSI, FMCG, Automotive, Manufacturing and Healthcare), by deployment (On-Site and Off-Site) by mode of learning (instructor led classroom only, computer-based methods and mobile and social learning”
    • India Executive Education Market Outlook to FY’2027: Driven by rising skill gap in the country and growing demand of customized courses to overcome automation disparity in business processes
    • India Corporate Training Market Outlook to 2027 (Third Edition) - Driven by Wide Acceptance of Online and Virtual Training and Organizations Need for Multi Skilled Tech Savvy Employees

To know more about this Whitepaper, Visit this link:

India Test Preparation Market

Are Australia Based Players Dominating the Parking Space to Secure an $8 Bn Edge by 2028?: Ken Research

 STORY OUTLINE

Technology Advancements: AI, machine learning, and image recognition enhance the user experience in parking management. L&T Technology Services' smart parking solution with AI capabilities streamlines the process.

Acquisitions for Connectivity: FLASH's acquisition of Ballparc drives connected mobility hubs and participation in the mobility economy, transforming isolated parking facilities into smart components of cities.

Asia Pacific Growth: Asia Pacific, including China, Japan, and Australia is the fastest-growing market for parking management due to rapid technological advancement and the adoption of smart city projects.

1. Asia Pacific is expected to grow at the highest CAGR during the forecast period when seen globally?

Australia Parking Management Market

Advancing Parking Management Opportunity in Australia

During the forecast period, Asia Pacific is expected to experience the fastest growth in the parking management market. The Asia Pacific region, consisting of countries such as China, Japan, and Australia, is rapidly advancing technologically. With over 40% of the world’s population, it boasts some of the fastest-growing economies. Various smart city projects have been introduced in the Asia Pacific region to enhance citizen services, addressing infrastructure, transit, utilities, and connectivity challenges. For instance, several governments in the region have promoted smart parking practices due to environmental concerns and the need to manage traffic. The major countries expected to witness high growth rates in the Asia Pacific region include China, Japan, Singapore, Australia, New Zealand, and the rest of the Association of Southeast Asian Nations (ASEAN) countries.

2. Growing demand for seamless traffic flow and reduction in fuel consumption is driving the market.

Australia Parking Management Market

Widespread reach of parking spaces: Click Here

Parking and traffic congestion share a close connection, as the search for parking spaces leads to delays, increased fuel consumption, and worsened congestion. Addressing the growing parking issue requires effective parking management solutions and services. These offerings not only assist drivers in finding parking spaces but also provide additional functionalities like navigation, cashless payments, and advanced reservations. Embracing various parking management solutions will help reduce time and fuel consumption, enabling smoother traffic flow.

In cities with heavy traffic, improving mobility necessitates cooperation among multiple stakeholders. City officials, vehicle manufacturers, traffic signal system providers, parking facilities, parking management solution providers, traffic information providers, shared mobility providers, startups, and public authorities work collectively to experiment and transform cities into intelligent and efficient hubs. Parking management solution providers play a critical role in reducing traffic congestion by optimizing on-street and off-street parking facilities, paving the way for enhanced urban mobility.

3. How Does Efficient Parking Management Offer Cost-Saving Potential, and What's Behind the Rising Demand for Specialized Solutions?

Australia Parking Management Market

What measures can be undertaken to resolve the challenges: Click Here

Effective parking management brings significant cost savings for both drivers and parking operators. For drivers, reduced search time for parking spaces leads to less fuel consumption, resulting in tangible cost reductions. Additionally, smoother parking experiences save time and reduce stress, enhancing the overall driving experience.

On the other hand, parking operators can benefit from increased revenue streams. Dynamic pricing models can optimize parking fees based on demand, maximizing income during peak periods. Efficient space utilization ensures that parking lots are fully utilized, minimizing unused capacity and maximizing profitability. Moreover, parking operators can offer value-added services, such as car wash or repair facilities, which contribute to additional revenue generation.

As the demand for commercial vehicles rises, the need for specialized parking solutions grows. The sales of commercial vehicles have surged in various regions, with France, according to ACEA, recording the highest number of commercial vehicle sales. With approximately 3,97,500 new vehicles registered in the previous year, there is a clear demand for efficient parking management to accommodate these vehicles adequately. Implementing smart parking technologies and data-driven approaches becomes vital in managing parking spaces effectively and catering to the increasing demand from commercial vehicle owners.

The parking management market is witnessing a transformative phase, driven by technological advancements and changing consumer needs. The integration of smart parking solutions, IoT-based sensors, real-time data analytics, and seamless payment systems has revolutionized the way parking is managed and experienced. As urbanization and vehicle ownership rates continue to rise, the demand for efficient parking solutions is expected to grow exponentially.