Friday, December 30, 2022

UAE Robo-Advisory in Wealth Management Market is Expected to gain Momentum by influx of AI Technology Along with Growing Demand for Financial Inclusion and Affordability in Financial Planning: Ken Research

 1. Advent of Robo-advisers in the Middle East region has encouraged savings, improved investor decisions, democratized investing & promoted financial inclusion.

UAE Robo-Advisory in Wealth Management Market

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Using advanced client-featuring, such as intuitive & comprehensive dashboards & intelligent portfolio recommendations along with an increased focus on leveraging big data analytics, gaining insights about client diversity, client behavior, financial attitude & investment motivation will help the market grow further. Wealth Management companies are looking to develop several features offered by FinTechs to support financial advisors, altogether helping the market grow.

2. Lot of pre-existing wealth management of Middle-East are primarily focused on high & ultra-high net-worth individuals, providing opportunity for Robo Advisors to fill the gap.

UAE Robo-Advisory in Wealth Management Industry

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The increased use of technology is transforming businesses around the world & is clearly having a major impact in MENA region. With one in three wealth managers expect the number of digital-only solutions to increase dramatically by 2025. All types of bank customers including millennials are interested in a digital investment experience. Thus, regardless of age, income, or gender, Bank customers would be likely to consider a Robo advice service from their bank in future

3. Robo-Advisers appear to be making it easier for people to invest with automating trading decisions, eliminating human emotions, very low fees & no minimum balance requirements.

UAE Robo-Advisory in Wealth Management Sector

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Digitalization in financial services, fascination towards capital market, low fees models, low minimum investment requirement, rise in Tech-Savvy population, and changing investor preferences all together drive UAE Robo-Advisory in Wealth Management Market.  Next digital generation could establish more elaborate solutions to model customers’ preferences & enable higher customization of investment portfolio in a fully automated process.

Thursday, December 29, 2022

Germany Car Rental Market is growing owing to overburdened public transport and extensive social distancing guidelines with trend in having rented cars: Ken Research

Focus on surge in digitization and connectivity and rise in the number of people taking business and leisure trips are major factor contributing towards development of Car Rental Market in Germany

COVID-19 Impact on Germany Car Rental Market: The rapid spread of coronavirus across the country and enforced lockdown in country have had a negative impact on the car rental market. Manufacturers operating in the car rental market are recovering from the losses caused due to disturbed services due to halt on transportation activities and travel restrictions. After the successful recovery of businesses, manufacturers in the car rental market are marking their presence in the market. Major players operating in the car rental market are investing and expanding their services to fulfill rising demands from consumes.

Rise in Number of Travelers Demands for Car Rental Services: The increasing popularity of tours and travels due to rising disposable incomes is a factor demanding high quality and reliable travel services for their tours. Leading car rental service providers are offering quality services and promoting their brands at airports, and this is helping customers to adopt their services. Rise in demand for luxury cars for short-term transportation services is expected to boost the market in the forecast period. Advancements in technology are enabling the expansion of web-based sales channels, which has resulted in higher booking via online channels.

Increasing Demand for Online Car Rental Services: Online tourist vehicle bookings are increasing in the country and globally due to the rising usage of smartphones, and the growth in the number of users preferring online channel. With the growing trend in technology, renting a vehicle through online booking has become the most preferred choice for customers over the past few years. Moreover, it provides additional facilities to monitor a rental vehicle’s operation, performance, and maintenance in real-time. Such features are tremendous assets for drivers and fleet managers, enabling them to better and more efficiently identify risks and implement timely improvements to their rental services.

Analysts at Ken Research in their latest publication “Germany Car Rental Market Outlook to 2027F- Segmented by Market Structure (Organized Market and Unorganized Market), By Type of Vehicles (Small Cars/Hatchbacks, Sedans, SUV and Others, By Ice/EV (Ice (Internal Combustion Engine) And Electric Vehicles, By Cities (Berlin, Hamburg, Munich and Others), By Mode of Booking (Online and Offline), By Client (Business and Leisure and By Pick-Up (On-Airport and Off-Airport).” observed the potential of the Car Rental Market in Germany. The expansion of the tourism industry with rising foreign tourists in Germany and On- Demand for transportation, the rising internet population in the country, and increasing demand from customers along with government incentives on electric vehicles are expected to contribute to the market growth over the forecast period. The Germany Car Rental Market is expected to grow at ~% CAGR over the forecasted period 2022-2027F.

To Know More about this report, download a Free Sample Report

Key Segments Covered in the report

Germany Car Rental Market

By Market Structure:

  • Organized market
  • Unorganized market

By Type of Vehicles:

  • Small Cars/ Hatchbacks
  • Sedans
  • SUVs
  • Others

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By ICE/EV:

  • ICE (Internal Combustion Engine
  • Electric Vehicles

By Cities:

  • Berlin
  • Hamburg
  • Munich
  • Others

By Mode of Booking:

  • Online
  • Offline
  • By Client:
  • Business
  • Leisure

By Pick-up:

  • Off-Airport
  • On-Airport

Key Target Audience

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

Time Period Captured in the Report:

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

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Companies Covered:

  • Europcar
  • Sixt
  • Avis
  • Hertz
  • Alamo
  • Buchbinder
  • Budget

Key Topics Covered in the Report

  • Overview, Operating Models and Company Profile of the Automotive Industry in the Germany, 2022
  • Overview, Genesis and Ecosystem of Car Rental Market in Germany, 2022
  • Business Cycle, Timeline, and Value Chain Analysis of Car Rental Market in Germany
  • Germany Car Rental Market Sizing, 2017- 2022P
  • Market Segmentations of Car Rental Market in Germany (by Market Structure, by Type of Vehicle, by ICE/ EV, by Mode of Booking, by Pick-up, by Client, by cities), 2022
  • SWOT Analysis and Growth Drivers of Germany Car Rental Market
  • Government regulations of Germany Car Rental Car Electrification Market
  • Trends, Developments and Challenges of Germany Car Rental Market
  • Competitive Analysis of Car Rental Market in Germany
  • End User Analysis of Car Rental Market in Germany
  • Future Outlook and Projections of Car Rental Market in Germany, 2022-2027F
  • Market Opportunities and Analyst Recommendations

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

Future Outlook of Germany Car Rental Market

Related Reports by Ken Research: –

Netherlands Car Rental Market Outlook to 2027F

Saudi Arabia Car Rental and Leasing Market Outlook to 2023

South Africa Car Rental and Leasing Market Projections to 2023

The Pakistan Logistics Market is growing owing to CPEC investment, Pakistan Vision 2025 and industrial parks and developing SEZs: Ken Research

 Focus on Modernization and Expansion, Private sector participation and regional connectivity Are Major Factor Contributing towards development of Logistics Market in Pakistan.

China–Pakistan Economic Corridors (CPEC): Pakistan’s alignment for efficient delivery of cargo to Central Asia, Eurasia, the Commonwealth of Independent States (CIS) countries, the Middle East, the Islamic Republic of Afghanistan, the Islamic Republic of Iran, and India gives it great leverage as a land transit country. The CPEC will not only benefit Pakistan and China, but will also have a positive impact on the region. The relationship will result in enhanced regional connectivity through improved road, rail and air infrastructure.

Logistics as a pillar of growth for Pakistan’s exports: Logistics is the turning wheel behind any country’s economy to help enter the global supply chain industry, which is rapidly digitalizing and creating a new generation of consumers. Moreover, it plays an even larger role in countries that enjoy a geostrategic advantage such as Pakistan. This sector is becoming one of the most important accelerators of trade and industry in developing and developed countries. Specifically, an efficient supply chain network has the potential to increase rural income manifold, which can lead to a multiplier effect on the overall economy.

Lack of knowledge among exporter on logistics procedures: Some of the root causes for the lack of knowledge among exporters on logistical compliance is the absence of proper guidelines, limited awareness, and inadequate capacities to follow the procedures. Moreover, burdensome documentary requirements and customs procedures result in delays and escalate clearing charges. In the absence of a unified transport ministry, additional coordination efforts between different stakeholders further slows down implementation of the policies hindering logistics industry development (NFLP, 2020).

Analysts at Ken Research in their latest publication “Pakistan Logistics Market Outlook to 2027F- Segmented by Type of End Users by revenue(Food and Beverage, Industrial & Construction, Retail, Automotive and Engineering, and Others), Type of Warehousing Space(Tech/ Non-Tech, Organized/ Unorganized, and Racked/ Unracked), Type of Domestic/ International Shipments” by Ken Research observed that logistics market is an emergent transportation and warehousing market in Pakistan at a growing stage from the economic crisis after pandemic. The rising government policies and demand for logistics services, CPEC along with government initiatives is expected to contribute to the market growth over the forecast period. The market is expected to grow at a ~% CAGR during 2022P-2027F owing to the rise in economy of the country, increasing regional connections and new government policies.

Pakistan Logistics Market Research

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Key Segments Covered in the report:

Pakistan Logistics Market

  • Pakistan Freight Market
  • Pakistan Warehousing Market
  • Pakistan CEP Market

Pakistan Freight Market:

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

By Domestic/International

  • Domestic
  • International

By type of Mode

  • Sea
  • Road
  • Air
  • Rail

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By 3PL/Integrated

  • 3PL
  • Integrated

By Type of Fleet

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

Pakistan Warehousing Market:

By Warehouse Space

  • Tech Enabled Warehouse Space
  • Non-Tech Warehouse Space

By Warehouse Space

  • Organized Warehouse Space
  • Unorganized Warehouse Space

By Warehouse Space

  • Racked Warehouse Space
  • Unracked Warehouse Space

By Business Model

  • Industrial / Retail
  • ICD/ CFS
  • Cold Storage

By Area

  • Closed
  • Open

By 3PL/Integrated

  • 3PL
  • Integrated

By End-Users

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

By Region

  • Karachi
  • Lahore
  • Islamabad

Pakistan CEP Market:

By Domestic/International

  • Domestic
  • International

By Business Model

  • B2B
  • B2C
  • C2C

By Type of Shipment

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

Key Target Audience:

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

Time Period Captured in the Report:

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

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Companies Covered:

  • Sprint Packers n Movers
  • Bismillah Logistics Pvt. Ltd
  • Speedaf Logistics Pakistan
  • KMW Domestic & International Courier & Cargo (Pvt.) Limited
  • Atlas Logistics
  • PK Logistics & Supply Chain Management (Pvt) Ltd.
  • Simply Logistic Services
  • MAERSK
  • DHL Express
  • Fed Ex
  • Hertz
  • XPO
  • Blue EX

Key Topics Covered in the Report:

  • Overview of Pakistan Logistics Infrastructure
  • Trends and Developments in Logistics Industry in Pakistan
  • SWOT Analysis in Logistics Industry in Pakistan
  • Government Initiatives in the Pakistan Logistics Industry
  • Issues & Challenges in Pakistan Logistics Market
  • Impact of Covid-19 & Military Coup in Pakistan
  • Ecosystem of Major Entities in Pakistan Logistics market
  • Freight Aggregator Market Along with Business Models
  • Technological Innovations in Warehousing Industry
  • Pakistan Logistics Current and Future Market Size and Market Segmentations
  • Competition Landscape in Freight Warehousing & CEP Market in Pakistan

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

Future Outlook of Pakistan Logistics Market

Related Reports by Ken Research: –

USA Logistics Industry Outlook to 2026

Australia Logistics Market Outlook to 2025

Germany E-Commerce Logistics Market Outlook to 2026F

Ever Lasting Demand, Adoption of New Technologies and Government Initiatives had driven Nigeria Cold Chain Market: Ken Research

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Government Initiatives:  Government of Japan provided USD39 million to UNICEF for establishing cold chain settings in Nigeria and 31 countries. The funds would be utilized for purchasing cold chain equipment, including walk-in freezer room, solar vaccine refrigerators, temperature-controlled devices, technical assistance, and facilitate monitoring of vaccine potency. In 2021, the Launch of Your Virtual Cold Chain Assistant (Your VCCA) project, which is data-driven mobile software that bridges gap between post-harvesting infrastructure and technology by increasing access to cold storage facilities in Nigeria, and monitor shelf-life of produce in real-time by farmers. Lagos held 2nd West Africa Cold Chain Summit and Exhibition (WACCSE) which aimed at bringing together the government and banks in private sector which would stimulate cold chain industry. With the grants given by the initiative "PLAN", Cold Hubs Ltd, conceptualized solar and diesel-powered cold storage spaces and refrigerated truck solutions, on easy low-cost repayment model.

Ever Lasting Demand: The demand for cold chain is driven by the growth and presence of agricultural and pharmaceutical companies. Since the population is growing in Nigeria, we can expect the cold chain industry to ultimately grow in the coming decades. Investment by international players such as DHL, have started offering advanced cold chain facilities to cater to pharmaceutical clients. Rising incomes and increased awareness on the nutritional benefits of milk and dairy products, coupled with changes of taste of preferences among Nigeran consumers, have contributed to the growing demand for milk and dairy products.

Adoption of New Technologies: The cold storage facilities need to maintain temperature 24*7, and regular power supply is needed for that. Since, Nigeria is not equipped with right proper power infrastructure yet, solar powered cold storage facilities are an amazing innovation, introduced recently in the market. Cold storage units that use solar electricity as a power source have been introduced to as an innovation to overcome this problem. Companies like cold hubs are the market leaders in this segment.

Analysts at Ken Research in their latest publication Nigeria Cold Chain Market Outlook to 2026 – Driven by high food produce wastage due to lack of cold chain infrastructure, solar-focused start-ups, and increased disposable income of consumersby Ken Research observed that Cold Chain market is an emergent market in Nigeria at a growing stage even during the pandemic as well. The rising of E-Commerce Companies and the increase in pharmaceuticals imports, along with the burgeoning demand for Processed and Packaged Foods, is expected to contribute to the market growth over the forecast period. The Nigeria Cold Chain Market is expected to see high growth rate over the forecasted period 2021-2026F.

nigeria-cold-chain-market

Key Segments Covered:-

Nigeria Cold Chain Market

By Cold Chain Market Size (by Revenue), 2021 & 2026F

Cold Transportation (Revenue, Reefer trucks, Price)

Cold Warehousing ( Revenue, Price, Space, occupancy rate)

Nigeria Cold Warehousing Market:-

By Pallet Size (by Revenue), 2021 & 2026F

Chilled

Frozen

Ambient

By End-User (by Revenue), 2021 & 2026F

Meat & Seafood

Fruits and Vegetables

Pharmaceuticals

Dairy Products

Others (Horticulture & more)

By Geography (by Revenue), 2021 & 2026F

Lagos State

Ogun State

Others (Imo State, Abuja State).

Nigeria Cold Transportation Market:-

By Mode of Transport (by Revenue), 2021 & 2026F

Land

Air

Sea

By Type of Freight (by Revenue/Price or No of Reefer Trucks), 2021 & 2026F

International Freight

Domestic Freight

By End-User (by Revenue), 2021 & 2026F

Meat & Seafood

Fruits and Vegetables

Pharmaceuticals

Dairy Products

Others (Horticulture & more)

Request For Sample Report @ https://www.kenresearch.com/sample-report.php?Frmdetails=NTk2MTMw

Key Target Audience:-

Cold Transport Companies

Warehousing Companies

Pharmaceuticals

Food & Vegetables Providers

Meat & Seafood Providers

Dairy products Companies

Government and Institutions

Time Period Captured in the Report:-

Historical Period: 2016-2020

Base Year: 2021

Forecast Period: 2022– 2026F

Companies Covered:-

MDS Logistics

Zenith Carex

TranEX

Red Star

Cold Hubs

Kenie-O-Cold Chain Logistics

Wigmore Trading

Flux Logistics

Ask for Customization @ https://www.kenresearch.com/ask-customization.php?Frmdetails=NTk2MTMw

Key Topics Covered in the Report:-

Nigeria Cold Chain Market Overview

Nigeria Cold Chain Market Economy

Nigeria Cold Chain Market Demographics

Nigeria Cold Chain Market Value Chains

Ecosystem of Major Entities in Nigeria Cold Chain Market

Current Technologies in Nigeria Cold Chain Market

Current Solar-based Technologies in Nigeria Cold Chain Market

Cross Comparison of Technologies in use in Nigeria Cold Chain Market

Emerging Technologies in Nigeria Cold Chain Market

Logistics Infrastructural Analysis of Nigeria.

Genesis of Nigeria Cold Chain Market

Nigeria Cold Chain Market Size and Segmentations

COVID Impact on Cold Chain Industry of Nigeria

Trends and Developments in Nigeria Cold Chain Market

Issues and Challenges in Nigeria Cold Chain Market

Decision Making Process and Factors for selecting a logistics partner in Nigeria

Decision Making Parameters for selecting a logistics partner in Nigeria

Strengths, Weaknesses, Opportunities and Threats for Nigeria Cold Chain Industry

Competition Landscape

Strengths and Weaknesses of Major Players in Nigeria Cold Chain

End-User Potential in Nigeria Cold Chain Market

Future Market Outlook and Segmentations for Nigeria Cold Chain Market

Cold Transportation Future Market size by Revenue and Segmentation, 2022-26F

Cold Chain Future Market Segmentation by End Users, 2022-26F

Analyst Recommendations

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

Nigeria Cold Chain Market

Related Reports By Ken Research:-

Philippines Cold Chain Market Outlook To 2026F

Malaysia Cold Chain Market Outlook To 2026

Qatar Cold Chain Market Outlook To 2026

The Philippines Used Tractor Market Revenue is expected to grow and reach to ~PHP 2,300 Mn by 2027F owing to Increased Demand for adoption of Modern Technology: Ken Research

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  • With time, Used Tractor Market is going to get popular wherein many people will prefer purchasing Used Tractor better than buying new ones because of lower prices.
  • Tractor for operations like ploughing and pulling heavy implements. Moreover, using utility tractors can cut down the additional costs of purchasing varied machinery to perform tasks.
  • Present and Future Trend suggest that people do not prefer to buy expensive used tractors for everyday purposes.

Leveraging technologies: Technologies such as Artificial Intelligence & Virtual Reality to enhance the digital experience for consumers by offering 360° interior & exterior view of the Tractor, estimating Tractor price online via uploaded images, analyzing consumer behavioral insights to show relevant ads according to interests & more.

Financial Support from Banks: World Bank's support to the Philippines includes long-running programs aiming to raise agricultural productivity and reduce poverty in rural communities.  A current example of this is the Philippine Rural Development Project (PRDP) which aims to help increase rural incomes and enhance farm and fishery productivity.

Agricultural mechanization: In an agricultural country like the Philippines, agricultural mechanization is necessary to increase land, labor, and crop productivity. The mechanization of farm work offers many advantages including the timely performance of operations, efficiency in performing farm work reduction of labor hours and increase in land and labor productivity. Agriculture is still a major factor in the Philippine economy, although its relative share in the gross domestic product (GDP) has been declining for many years.

Analysts at Ken Research in their latest publication Philippines Used Tractor Market Outlook to 2027F - Driven by Modernization in Technology and Dominated by Low Engine Power Tractors by Ken Research observed that Used Tractors market is an emergent vehicle market in Philippines at a rebounding stage from the economic crisis after pandemic. The rising government policies and demand for used tractor, online platforms for purchasing with government initiatives is expected to contribute to the market growth over the forecast period. The market is expected to grow at a 13.0% CAGR during 2021-2027F owing to the increase in demand for Farm Mechanization and lower price then new tractors.

philippines-used-tractor-market

Key Segments Covered in the report:-

Philippines Used Tractor Market

By Power

Less than 30 HP

31-60HP

60-100 HP

100 HP +

By Revenue

Agriculture

Construction

By Region

Luzon

Visayas

Mindanao

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By Distribution Channel

Offline Channel

Online Channel

Financial Institution/Auction

By Usage

Less than 500 hours

501-1500 Hours

1501-3000 Hours

3001-5000 Hours

5000+ Hours

By Price

Less than 300,000 Pesos

3 00,01- 400,000 Pesos

500,00-600,000 Pesos

700,00+ Pesos

Key Target Audience:-

OEMs

Multi-Brands

Online Used Tractor Portals

Used Tractor Financing Companies

Government Bodies

Investors & Venture Capital Firms

Importers/ Dealer or Seller/Company

Construction Companies

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Time Period Captured in the Report:-

Historical Period: 2017-2021

Forecast Period: 2021-2027F

Companies Covered:-

John Deere(global)

New Holland (Global)

Yanmar Philippines Corporation

Kubota Philippines (KAMPI)

HMR Philippine

Adamco

Westen Power Machineries

Fill Holland

Land Bank

ORIX METRO Leasing and Finance

Pen bank

Agronomika finance

My Benta

Used

Tractorousell

Key Topics Covered in the Report:-

How is Used Tractor Market Positioned in Philippines?

Country Overview of Philippines

Philippines Population Analysis

Road Transport Overview of Philippines

Philippines Agricultural Sector Overview

Trade Statistics of Philippines Agriculture

Ecosystem of Major Entities in Philippines Used Tractor Market

Overview and Genesis of Used Tractor Market in Philippines

Value Chain Analysis

Customer Journey in buying of Used Tractor

Role of Entities in Value Chain Analysis of Philippines Used Tractor Market

Sourcing of Used Tractors for Dealers in Philippines

Lead generation for Used Tractors in Philippines

Step- by-step Sales Process of Used Tractor in Philippines

Second hand tractor Loan amount disbursed via official/organized lending channels, 2017 – 2026F

Used Tractor Sales and Prices, 2017 - 2021

Used Tractor Revenue, 2017 - 2021

Market Sizing and Segmentation of Used Tractor Market in Philippines (By Power, By Purpose, By Region, By Sale/ Distribution Channel, By Usage and By Price)

Trends in Philippines Used Tractor Market, 2021

Issues and Challenges in the Used Tractor Market

SWOT Analysis of Philippines Used Tractor Market

Porter’s Five Forces Analysis of Used Tractor Market

Customer Pain points in Philippines Used Tractor industry

Buying Criteria of the Customers

Selling Criteria Used by the Players

Growth Drivers of the Used Tractor Market

Market share of major Used Tractor Companies, FY 2021

Cost Sheet of Major Players

Philippines Used Tractor Market Future Outlook, 2021 – 2026F Philippines (By Power, By Purpose, By Region, By Sale/ Distribution Channel, By Usage and By Price)

Future Trends and the Way Forward – Philippines Used Tractor Market

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

Philippines Used Tractor Market

Related Reports By Ken Research:-

Thailand Used Tractor Market Outlook to 2027F

India Tractor Market Outlook to 2025

Employee Engagement Surveys Provide a Snapshot of Employee Activity: Ken Research

 


Human resources squads aren’t the only ones who assist with employee engagement surveys. While surveys certainly assist HR teams know where to aim their efforts, the effects of engagement surveys can be felt at every level of the business. Everyone wins when companies take the time to listen to their employees, contribute to the employee experience, and construct a robust workplace culture.

Engagement surveys have the potential to generate a lasting positive impact on your business when executed with care. In order to reap all the advantages of employee engagement surveys, be mindful of how your organization measures employee feedback, functions on survey findings and tracks progress.

We as one of the best Employee Engagement Survey Companies believe conducting engagement surveys is a useful way to collect insight into what is imperative to your employees. However, what can our engagement surveys measure, and what will feedback enable you to do? Read on to discover the major reason why you should administer our employee engagement surveys in your organization.

  • Measure Employee Engagement: The primary cause for issuing engagement surveys is to measure the engagement level of your employees and the average employee engagement survey response rate. Measuring the foremost drivers of engagement within your organization will enable you to assess whether your employees are employed or disengaged. While there are no standard drivers of engagement, some primarily assessed aspects are recognition, advancement, job role, pay & benefits, leadership, training & development, work environment, and many more.
  • Provide Employees a Voice: Employees Engagement Surveys are crucial because they carry employees a venue for open feedback. It is an opportunity to establish two-way communication and includes employees in the advancement procedure by providing them a direct voice to the management team. Being progressively involves in the planning procedure makes employees realize that they have a stake in the company and that their views are valued.
  • Benchmark Results: Analyzing employee engagement survey results by conducting employee engagement surveys will enable you to benchmark the data for comparison determinations. You can look at specific results and compare them with industry-precise data to attain an understanding of how your company functions with similar organizations. Benchmarking will also enable you to recognise whether any issues are precise to your company or are industry-wide. If the data shows that only 30% of your employees are satisfied with advancement opportunities you can compare this to the results of other employers to see if this is a typical finding or one that demands advancement.
  • Augment Employee Engagement: Once you have assessed how employed your employees are you can then generate an action plan to augment engagement. The information gained from the assessment will enable you to recognize strengths and choices for developing engagement in your organization. You can develop a company-wide engagement plan or aim directly at action places for each section in your business. After you have recognized the changes to apply, you can set priorities, determine resources and generate an implementation schedule.

Conduct Employee Surveys with Ken Research

Don’t forget about the most imperative customers of all: your employees.” It is convenient to place great value on your business on your consumer and their viewpoints or usage of your company, products, brand, and services.

However, by attaining employee feedback through online surveys you are able to better understand your employee’s requirements so they can be better brand advocates and better practitioners.

Ken Research as one of the Best Employee Engagement Survey Providers functions coast-to-coast with organizations in a variety of industries on employee survey efforts. We design personalized surveys to address your unique requirements and develop a report to assist you to understand the results and take action.

Global Solid-State Battery market is growing at a CAGR of ~% in 2017-2022 and is expected to reach ~USD Mn by 2028F: Ken Research

 What Is the Size of Global Solid-State Battery Industry?

The increasing demand for the solid-state battery to offer high energy density is anticipated to propel the growth of the global solid-state battery market during the forecast period. 

The surging demand for electric vehicles along with increasing investment and partnerships between battery manufacturers and automobile manufacturers is likely to propel the growth of the global solid-state battery market.

The global solid-state battery market faces challenges due to the high manufacturing cost of solid-state batteries.

The availability of other substitutes such as graphene batteries, sand batteries, lithium-sulfur batteries, and others is also expected to restrict the growth of the market.

The COVID-19 pandemic positively impacted the solid-state battery market as countries-imposed lockdowns to curb the situation which resulted in a massive shift to remote and online working and as a result, the demand for electronics increased. Furthermore, the increase in cardiovascular diseases among patients suffering from COVID-19 boosted the demand for pacemakers as well as solid-state batteries.

Global Solid-state Battery Market

Global Solid-State Battery market by Application

The Global Solid-State Battery market is segmented by Application into Consumer & Portable Electronics, Electric Vehicles, Energy Harvesting, Wearable & Medical Devices and Others 

The consumer & portable electronics segment accounted for the largest share of the Global Solid-State Battery Market in 2022, attributed to the growing urbanization and increasing disposable incomes.

The increase in demand for electronic goods such as mobile phones, laptops, and others among consumers is anticipated to aid the growth of the segment in the global solid-state battery market.

Global Solid-State Battery Market By Type

The Global Solid-State Battery Market is segmented by Type on the basis of thin film battery and portable battery.

The thin film battery segment held the largest share of the global solid-state battery market by type in 2022, owing to the growing demand for thin film batteries for various applications including wearable devices, and others.

The adoption of thin film batteries as they have a low impact on the environment as well as their efficient recharge rate and compact size are expected to fuel the demand for the segment in the global solid-state battery market.

Global Solid-State Battery Market by Geography

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

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Asia-Pacific region accounted for the largest share of the global solid-state battery market in 2021, due to the growing demand for electric vehicles.

The increasing focus on the research and development of solid-state batteries along with supportive initiatives by the government to reduce carbon emissions for automobiles, is expected to augment the growth of the region in the solid-state battery market.

Competition Scenario in Global Solid-State Battery Market

The solid-state battery market is highly competitive with ~100 players that include globally diversified players, regional players as well as a large number of country-niche players having their niche in the solid-state battery.

Regional players comprise ~45% of the total number of competitors, while the country-niche players comprise the second highest of the total number of competitors. However, majority of the regional and country-niche players are suppliers of components or assembling & distribution partners of global players. Some of the major players in the market include Cymbet, Toyota Motor Corporation, Robert Bosch GmbH, Solid Power Inc., Excellatron, BrightVolt Inc., SK Innovation Co. Ltd, STMicroelectronics, Total Energies, and StoreDot, among others.

The leading global solid-state battery companies such as Toyota Motor Corporation, Excellatron, and BrightVolt Inc., are highly focused on the research and development of solid-state batteries.

What is the Expected Future Outlook for the Overall Solid-State Battery Market Across the globe?

The Global Solid-State Battery Market was valued at USD ~million in 2021 and is anticipated to reach USD ~million 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 Solid-State Battery market is driven by factors such increasing investment and partnerships between battery manufacturers and automobile manufacturers and the rising spending by the governments, emerging technologies in the Solid-State Batteries, and the growing demand for the electric vehicles across the globe. However, the market is also constantly being influenced by rapid development in technology, product innovation, and diversification in some countries.

The high manufacturing costs associated with Solid-State Batteries are one of the biggest challenges to the growth of the market. The availability of other substitutes such as graphene batteries, sand batteries, lithium-sulfur batteries, and others is also expected to restrict the growth of the market.

Merger and collaboration among companies will also affect the solid-state battery market as it will enhance the productivity and reduce the cost. For Instance, In January 2022, SK Innovation Co. Ltd collaborated with a research team led by Professor Lee Seung-woo of Georgia Tech in the USA. The company aimed to advance the era of next-generation all-solid-state batteries. In June 2020, Toyota Motor Corporation and Panasonic Corporation partnered to form Prime Planet Energy and Solutions Inc., to focus on the development, manufacturing, and marketing of solid-state batteries for the automotive industry.

The Global Solid-State Battery Market is forecasted to continue exponential growth, primarily driven by the increasing demand for solid-state batteries due to their high energy density for different applications. Furthermore, supportive government initiatives and increased R&D activities on the solid-state battery is expected to fuel the growth of the market. Though the market is highly competitive with ~100 participants, regional players control the dominant market share.

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3 Key Insights on US$ 3,000 Mn Opportunity in the Global Solid-state Battery Market: Ken Research

Portugal Cold Chain Market is expected to generate ~EUR 140.0 Mn by 2026F owing to Growing Demand by End Users and Technology Upgradation: Ken Research

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  • Due to the climate of Portugal, the temperature of the country stays around 10 degrees Celsius to 30 degrees Celsius during the year, due to this Ambient temperature range’s demand is not expected to grow higher.
  • The industry of Cold Chain is expected to face challenges such as rising costs of fuel, higher energy costs, and unplanned costs arising out of natural and manmade calamities.
  • C-Roads Portugal started in 2017 and will last until the end of 2023 and will enhance the intelligence of roads, vehicles, and traffic management.

Rising Disposable Income and Retail Spending: Growing demand for temperature-controlled products and the entry of several new players are anticipated to propel the cold chain market. The cold transport segment will still have a greater share in the overall cold chain market during the forecasted period and is expected to be around more than half of the total cold chain market of Portugal in 2026F.in addition to this, the demand for perishable food products is expected to increase due to the rising disposable income and retail spending of the people in the country, which will necessitate the development of cold storage facilities and positively affect market growth.

Gradual Rise in Exports: Many cold chain operators are expected to expand their operations and new players are expected to enter the market and establish many new cold storage warehouses to cater to the large and rising demand for frozen and chilled storage, providing a significant boost to the Portugal cold storage industry. In past, Portugal’s exports were low due to competition from Spain and Italy, hence the majority of the revenue from the cold transportation industry is generated from domestic demand. A gradual rise in exports is expected as Portuguese companies are slowly getting global partners, hence driving the growth of the cold transportation market.

Adopting IOT and Modern Technologies: Technological advancement is expected to play a major role and new facilities are being built to improve the efficiency of food supply storage and distribution. Drones will soon be used by several warehouses to track their inventories. In the future, the Internet of Things may assist warehouses in lowering risk and avoiding mistakes or accidents that could result in supply chain losses.

Analysts at Ken Research in their latest publication Portugal Cold Chain Market Outlook to 2026F: Driven by Rising Packaged Foods Consumption Owing to Growing Millennial Population observed that the Cold Chain market is an emerging market in Portugal at a rebounding stage from the economic crisis after the pandemic. The rising government policies and demand for Cold Chain, rising domestic consumption of fish and other seafood, meat, and frozen foods along with government initiatives are expected to contribute to the market growth over the forecast period. The Portugal cold Chain market is expected to grow at a 5.6% CAGR during 2021-2026F owing to the change in lifestyle and urbanization which led to rising domestic consumption of processed food.

Portugal-cold-chain-market

Key Segments Covered:-

Portugal Cold Chain Market

By Type

Cold Transport

Cold Warehousing

By End User

Meat and Seafood

Fruits and Vegetables

Pharmaceuticals

Dairy Products

Portugal Cold Transport Market

By Type of Freight

Domestic Freight

International Freight

Mode of Freight

Land

Sea

Air

By Size of Truck

Small (6 pallets capacity)

Medium (20 pallets capacity)

Large (33 pallets capacity)

By End User

Meat and Seafood

Fruits & Vegetables

Pharmaceuticals

Dairy Products

Portugal Cold Warehouses Market

By Type of Cold Warehouses

Frozen

Chilled

Ambient

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By End User

Meat and Seafood

Fruits & Vegetables

Pharmaceuticals

Dairy Products

Processed foods

Frozen Foods

Key Target Audience:-

Cold Storage Companies

Cold Chain Companies

Cold Transport Companies

Captive Cold Storage Companies

Captive Cold Chain Companies

Logistics Companies

Non-captive Companies

Cold Chain Associations

Logistics Associations

Private Equity Firms

Venture Capitalists

Time Period Captured in the Report:-

Historical Period: 2016-2021

Base Year: 2021

Forecasted Period: 2021-2026F

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Companies Covered:-

Americold Logistics

STEF Portugal

NC Logistica

Frigoservice

Paulo Duarte

Primafrio

Luis Simoes

Olano Logistics

Rangel

Soapa Europa

TPCF

TJA

UPS

Logifrio

TIBA Group

HAVI Logistics

Antonio Frade

Transfrio

Key Topics Covered in the Report:-

Portugal Cold Chain Market Overview

Portugal Cold Chain Industry Supply Ecosystem

Portugal Cold Chain Market Size, 2016-2021

Portugal Cold Chain Market Segmentation (By Cold Storage and Cold Transport, By End Users), 2021

Portugal Cold Storage Market Ecosystem

Portugal Cold Storage Market Size, 2016-2021

Portugal Cold Storage Market Segmentation (by Temperature Range, by End Users), 2021

Portugal Cold Transport Market Overview

Value Chain Analysis of Portugal

Portugal Cold Transport Market Revenue, 2016-2021

Portugal Cold Transport Market Segmentation (by Type of Reefer Truck, by Mode of Transportation, by End Users), 2021

Portugal Cold Chain Market Competition Landscape

SWOT Analysis of Portugal Cold Chain Market

Regulatory Landscape of Portugal Cold Chain Market

Growth drivers of Portugal Cold Chain Market

Issues and Challenges in Portugal Cold Chain Market

Recent Trends in the Portugal Cold Chain Market

End User Analysis of Portugal Cold Chain Market

Future Outlook of Portugal Cold Chain Industry, Cold Storage Market, cold Transport Market, 2021-2026F

Market Opportunities and Analyst Recommendation

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Portugal Cold Chain Market

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Malaysia Cold Chain Market Outlook To 2026 - Driven by Increase in Demand for Perishable Food Items and its Establishment as the Halal Industry Hub, Malaysia Cold Chain Market Experiencing Growth

Italy Car Rental Market is Growing, Owing to Smartphones Users Penetration Along With the Rising Tourism: Ken Research

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The highest penetration of the internet in the region had strengthened the online reservations for rental cars as compared to the bookings made at the car rental station.

People Rising Preference: Growing demand for on-demand transportation services to drive market growth increasing vehicle costs, shrinking parking lots, and high auto maintenance costs encourage people to use on-demand transportation services for trips and everyday commuting. As a result, the industry has grown due to consumers' increased preference for on-demand transportation.

Rising International Tourists: The rising number of international tourists is the main growth driver for the expansion of the car rental market in the country raising the standard of booking and leading to robust revenue generation.

Italy Car Rental Industry

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Impact of Covid on The Car Rental Market: The COVID-19 pandemic has disrupted car rental growth across the country. The strict travel restrictions and quarantine rules across the country have adversely affected the car rental market. The car rental market registered around ~% lower revenue in 2020 as compared to 2019. However, the market is displaying a decent recovery post-severe COVID-19 pandemic outbreaks as the market revenue is surging by around ~% in 2021 as compared to 2020.

Growing Internet Connectivity: Country has been emerging as one of the largest internet users in the world and the rise in the use of smartphone applications for online car rental booking are likely to witness significant growth in the market. For instance, in 2021, the number of active internet users in Italy counted more than ~ million, such an increase in the use of the internet has helped to boost the market.

Analysts at Ken Research in their latest publication Italy Car Rental Market Outlook to 2027F -Driven by Type of Market Structure (Organized and Unorganized), by Type of Car (small cars, Sedan, SUV), By Booking Type (online, offline) and By application (business, leisure) By Fuel Type (diesel, petrol, electric).observed that Italy car sharing market is expected to showcase considerable growth in the coming five years. In the upcoming years, it is predicted to expand more rapidly due to increased population growth, a trend in the number of foreign tourists entering the nation, and an increase in the demand for carpooling. The Italy Car Rental Market is expected to grow at ~% CAGR over the forecasted period 2022P-2027F.

Key Segments Covered in the report: -

Italy car Rental Market

By Market Structure

  • Organized market
  • Unorganized market

By Type of Vehicles

  • Small Cars/ Hatchbacks
  • Sedans
  • SUVs
  • Others

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By Mode of Booking

  • Online
  • Offline

By Application

  • Business
  • leisure

By Fuel Type

  • Diesel
  • Petrol
  • Electric

Key Target Audience

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

Time Period Captured in the Report:

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

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Companies Covered:

  • Thrifty
  • Avis
  • National
  • Hertz
  • Alamo
  • Dollar
  • Britz

Key Topics Covered in the Report

  • Executive Summary
  • Country Overview of the Italy
  • Overview of Automotive Industry in Italy
  • Ecosystem and business cycle of Italy Car Rental Market
  • Value Chain Analysis of Italy Car Rental Market
  • Italy Car Rental Market Sizing, 2017- 2022P
  • Market Segmentations of Car Rental Market in Italy
  • Snapshots on different Car Rental Markets in Italy
  • SWOT Analysis of Italy Car Rental Market
  • Growth Drivers of Italy Car Rental Market
  • Government regulations of Italy Car Rental Market
  • Trends and Developments of Italy Car Rental Market
  • Challenges of Italy Car Rental Market
  • End User Analysis of Car Rental Market in Italy
  • Competitive Analysis of Car Rental Market in Italy
  • Future Outlook and Projections of Car Rental Market in Italy
  • Analyst Recommendations
  • Research Methodology

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Future Outlook of Italy Car Rental Market

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Innovation, technology and upskilling in facility services to positively influence the KSA Real Estate Services Market: Ken Research

 1. The KSA Real Estate Service Market witnessed significant growth during the period of 2018-2022.

KSA Real Estate Services Market

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The KSA Real Estate Service Market witnessed tremendous growth between 2018-2022. Although, the pandemic led to a slowdown in the demand for Real Estate Services in the short term, the market recovered and grew at a faster rate in the post pandemic period than before. KSA Real Estate Services Market is expected to grow at a much faster pace; primary reason being the adoption of such services in order to expedite the Saudi Vision 2030. Additionally, integration of innovation, technology and upskilling in facility services is expected to positively influence the KSA Real Estate Service Market in the coming years.

2. The Real Estate Service Market in KSA generated a total revenue of more than SAR 2.0 Bn in the year 2021, where in Riyadh is the highest contributor by region.

KSA Real Estate Service Industry

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Riyadh being the commercial and corporate hub of the country contributes the highest in the KSA Real Estate Service Market followed by Jeddah, DMA, Makkah & Medina and others. Saudi Arabia's residential market is expanding rapidly, with apartment prices in Riyadh and Jeddah showing the fastest pace of growth in 2017-2021. Because of the establishment of numerous international corporations in the Riyadh and Jeddah regions, the office or workspace solutions have gained traction among commercial real estate services.

3. The Real Estate Market Service Market in KSA is dominated by the Residential Sector.

KSA Real Estate Service Sector

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Developments in the residential industry have been maximum in the year 2021, followed by hospitality sector which boomed after the Covid due to high tourist footfall in the Makkah & Medina regions (Hajj pilgrimage). The Commercial industry has also shown a good traction due to increase in the setup of corporate offices by international companies.