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Press Releases from Ken Research (183 total)

Introduction of Government Policy such as Scrappage Programme coupled with risin …

The stabilization of US-China Trade Relation will positively impact the Taiwan Used Vehicle Market as there will be ease of import and export of used vehicle in the market leading to adequate demand and supply. Vehicles under the age bracket of 2-4 years will account highest market share in terms of sales volume during the period 2018-2025F due to the faster replacement period of a vehicle which is expected to reach

South Korea Cold Chain Market Revenue is expected to grow at a forecasted CAGR o …

• Modern retail businesses, such as hypermarkets, grocery supermarkets, convenience stores and online retailing has rapidly grown over the years driving the demand for cold storage and cold transportation. • The active participation by the pharmaceutical sector due to the growing middle class and the aging population in the country is expected to augment the

India Self Drive Car Rental Market is Expected to reach around INR 2,600 Crore i …

Key Findings: • The market is expected to increase in the future, thus growing at a positive CAGR of 14.6%, due to increased level of investments and strategic partnerships of the players with other service providers. • Entry of new players including OLA Co. and other startups is further expected to stimulate growth in revenues of self drive car rental industry while simultaneously increasing the competition. • Rising income will also play a significant role,

Australia Car Leasing Fleets is Expected to Reach around 425K units by 2023: Ken …

• Total number of small and medium enterprises in Australia is expected to positively grow thus, registering a CAGR of close to 2.8% during the forecast period 2019-2023. The gross value added by the mining industry in Australia is expected to grow at a CAGR of 3.9%, stimulated by the expected continuation of the mining boom during the period. This would be facilitated by a proportionate rise in the corporate demand

Australia Car Leasing Fleets is Expected to Reach around 425K units by 2023: Ken …

Total number of small and medium enterprises in Australia is expected to positively grow thus, registering a CAGR of close to 2.8% during the forecast period 2019-2023. The gross value added by the mining industry in Australia is expected to grow at a CAGR of 3.9%, stimulated by the expected continuation of the mining boom during the period. This would be facilitated by a proportionate rise in the corporate demand

US Vehicle Finance Market is Further Expected to Reach a Market Size of around U …

• It is expected that by the year ending 2023, financing towards new vehicles when expressed by credit disbursed would continue to lead the market share. Whereas, pre-owned car financing shall enhance owing to rising government initiatives towards the segment. • Banks and Captives are expected to continue their dominance in the market in the future, owing to their vastly expanding dealership networks and vast variety of loan products offered. • It is also expected

Turkey Credit and Debit Card Market is Expected to Register a Transaction Value …

Key Findings • Rising population in Turkey is expected to increase the number of citizens associated with the banking sector, thereby increasing the credit and debit card circulation in the economy. • A surge in ATM terminal network will increase the debit card usage as still a major portion of debit card holders use debit card for cash withdrawals. • With a surge in the number of POS network across the country, the usage of

Saudi Arabia Cards and Payment Services Market is expected to reach around 2.0 B …

• The local population is expected to remain the key target consumer group in the future. Saudi nationals enjoy higher average salaries and have higher average family sizes compared with expatriates, thus leading to larger share of overall expenditure and transactions in the country. • Cash is still projected to hold a significant share in Saudi Arabia payment services market in future owing to ease of use and less change in consumer behavior.

Desert Conditions with Extreme Temperature, Rising New Cars Base and Strong Luxu …

Key Findings • Saudi Arabia was witnessed to consume around 3,150 million cubic meters of water in the year 2017 as compared to 3,129 million cubic meters of water in the year 2016 thus, registering a limited growth of 0.7% in accordance with the Ministry of Water and Agriculture and General Authority of Statistics, Saudi Arabia. • Women of KSA have been under a strict no-driving ban from the past sixty years which

Brazil Seed Market Revenue is expected to reach about USD 5.4 Billion by 2023: A …

• Increasing number of investments from international companies in the Brazil seeds industry and their partnerships with government entities will help expand the seeds market revenue as well as production volume within Brazil in the near future. • The rising awareness about the benefits of high technology hybrid seeds is also a major favorable factor driving seed sales over long term. • The continuous efforts of the government to develop domestic farmers and expand the

Belgium Freight Forwarding Market is Expected to Cross USD 30 Billion by 2025: K …

Key Findings • Partnership of Antwerp Port with a subsidiary of Abu Dhabi Ports to adopt block chain is a significant change to port management. Soon, other Belgium ports are expected to introduce Block Chain Technology. • Rail infrastructure is being streamlined by reducing number of rail logistics centers from 62 to 50 by 2022 and introducing two new tracks between Ghent and Bruges. • Air Freight Capacity is expected to increase by 3% till

Increasing Investor Activities, Changing Lending Practices from Financial Depart …

“Changing trend towards increasing the use of Co Working Office Spaces and emerging demand for boutique and lifestyle hotels are further augmenting the growth of the real estate industry in Australia” Residential real estate sector will continue to see moderate decline in prices as the sector faced oversupply of new residential dwellings in the past. Australians purchased detached one or two storey houses, but this trend is changing as they have

Greenfield and Brownfield Growth in Healthcare Establishments Fuelled by Rise in …

• The adult population is likely to increase to 146.0 million in FY’2023. This will lead to increase in demand for diagnosis and treatment services for various health ailments such as chronic disorders in India. • The public healthcare expenditure in India will likely grow at a CAGR of 18.2% to a value of INR 494,052.2 crore in FY’2023. This will lead to positive growth in sales volume of various medical devices

Nigeria Warehousing Market is Expected to Cross USD 170 Million by 2023: Ken Res …

Key Findings • Nigerian Government is likely to expand contribution to manufacturing sector to 20% by building more industrial parks near Lagos. • 15 new solar powered cold storages are expected to open in Kano state that will enhance the revenue from agricultural segment in warehousing market. • The Federal Government officially concessioned its medical warehouse facilities in Abuja and Lagos worth more than NGN 1.56 billion to MDS Logistics. This will enable more PPP framework

The Global Pumps Market is Expected to be driven by Implementation of IOT into P …

• The global production of electricity is projected to grow to 30,476 Terawatt Hour by 2023, at a CAGR of 2.8% (2018-2023). This indicates that there has been an increase of new power plants or improvements have been made to existing power plants or both which will be beneficial for the pump market, as pumps are used extensively in power generation. • Global GDP is expected to rise to USD 100.3 trillion by

Technological Developments such as Increased Automation in Automobile Industry a …

Key Trends • Global PEEK market is expected to register growth at CAGR of 7.2% and 8.0% by revenue and sales volume respectively during 2018-2025F. • The PEEK producers should focus on developing innovative PEEK solutions for different end user industries. Automotive gears, thermal and acoustic aircraft insulation blankets, pipes for oil and gas industry and dental implants are some of the upcoming applications of PEEK in the different industries. • Europe is expected

Africa Freight Forwarding Market to Reach around USD 40 billion by 2023: Ken Res …

Key Findings • AfCFTA promises to unlock Africa’s economic potential by boosting the intra-regional trade. Eritrea is the only African country which is not a part of the agreement. By the end of 2018 only 15% of the African exports went to other African countries as compared to the intra-trade levels of 58% in Asia and 67% in Europe. If the trade agreement turns out to be successful the intra-African trade

UK Used Car Market is Expected to reach around GBP 200.0 Billion in terms of Gro …

The report focuses on overall market size in terms of Gross Transaction Value (GTV), UK Used Car market segmentation by Market Structure (Organized and Unorganized Market); by Type of Used Cars (MPVs / Sedan, Economy / Hatchbacks and SUVs); by Kilometers Driven (Less than 5,000 km; 5,000-20,000 km; 20,000-50,000 km; 50,000-80,000 km; 80,000-120,000 km and Above 120,000 km); By Year of Manufacture (< 2000, 2000-2002, 2003-2005, 2006-2008, 2009-2012 and 2013-2018);

Italy Used Car Market is expected to reach about EUR 48.1 Billion in terms of Gr …

• The used car sales in terms of volume is expected to increase in the future thereby, growing at a positive CAGR of 3.9%, due to surge in the demand for the younger used cars and acceptance of Electric and Hybrid cars. • Rome and Milan in Italy are planning to ban the diesel cars entirely by 2024 and adopt the hybrid and electric cars. • The multibrand dealerships are anticipated to grow

Rising Consumer Data Privacy Concerns and the Impending Implementation of the Ca …

• The introduction and adoption of 5G Internet Technology is expected to be the prime growth driver for the digital advertising market in the country in the future. Improved internet infrastructure and faster speed will drive the shift towards online advertising, especially on mobile mediums. • The expenditure on digital advertising is expected to increase as the internet and smart phone penetration increases. Advertisers from Retail, FMCG, Financial Services and Pharmaceuticals are

High Smartphone Penetration Rate and Adoption of New Competitive Business Models …

• The country has experienced a steady progression of disposable income in recent years, which can be seen in its rapid growth of total consumer expenditure from USD 80 billion to USD 171 billion between 2010 and 2018. The people’s purchasing power soared 9.31% in the first 10 months of 2019 according to the General Statistics Office (GSO), which was one of the driving forces behind the increased use of car

UK Used Car Market is Expected to reach around GBP 200.0 Billion in terms of Gro …

The report focuses on overall market size in terms of Gross Transaction Value (GTV), UK Used Car market segmentation by Market Structure (Organized and Unorganized Market); by Type of Used Cars (MPVs / Sedan, Economy / Hatchbacks and SUVs); by Kilometers Driven (Less than 5,000 km; 5,000-20,000 km; 20,000-50,000 km; 50,000-80,000 km; 80,000-120,000 km and Above 120,000 km); By Year of Manufacture (< 2000, 2000-2002, 2003-2005, 2006-2008, 2009-2012 and 2013-2018);

UAE ATM Managed Services Market Size is expected to rise to AED 0.3 Billion in t …

Key Findings • UAE ATM Managed Services Market size is expected to grow at a forecasted CAGR of 0.9% during the forecast period 2018-2024. • Cash Management Services market is expected to grow at a CAGR of 2.9% for the period 2018-2023. The segment will continue to dominate the UAE ATM Managed services segment as liquidity concerns are expected to ease in the future and shift to digital banking services will be gradual.

Qatar Vehicle Finance Market is further Expected to Reach a Market Size of aroun …

• Captives & NBFC’s are expanding their auto loan portfolios at an increasing rate. Many Automobile OEM’s, especially luxury brands like BMW, Audi etc. have started providing loans with 0% down-payments to increase the sale of their vehicles. This has proved very effective for these companies and has driven the sale of these dealerships. • Competition in the Qatar automobile market is expected to intensify as the market moves towards maturity. That

Philippines Used Car Market is Expected to Reach Over 1.9 Million in terms of Sa …

• Increasing prominence of online classified and auto portals in Philippines have started impacting the buying behavior of customers in the used car market. The advent of digital technology has given varied domains to the customers, which they can explore to find the most suitable car for themselves. • The multi-brand dealers and banks are strategically partnering with online classifieds and online auto portals to make the car buying process more accessible and

Malaysia Industrial Lubricants Market Sales Volume is Expected to reach about 13 …

• The new government in Malaysia is focused on encouraging foreign investments and entrepreneurships into the country through various schemes and initiatives. The Malaysian budget for 2019 has been crafted in focus to entrepreneurial economy under the themes “Credible Malaysia”, “Dynamic Economy”, “Prosperous Rakyat”. Initiatives by the government are expected to bring in new foreign investments and expansion in manufacturing and service sector. • Mining and Construction industry are expected to dominate the

Global Payment Gateways Market Size by Transaction Value is expected to reach US …

KEY FINDINGS • Shifting from legacy systems used by banks to real time payments, many governments around the world are introducing national payment gateways and open banking systems. Mobile banking is expected to rise with the banks expected to provide access to third party developers through APIs. • Banks, Big Technology and E-commerce companies have made investments into payments technology by launching mobile payments applications to improve payments for customers and merchants. • Major marketing

Introduction of Government Policy such as Europe-Vietnam Free Trade Agreement (E …

Key Findings • The Europe-Vietnam Free Trade Agreement (EVFTA) and the Europe-Vietnam Investment Protection Agreement (EVIPA) in the Year 2018 due to which the taxes on imported new cars from Europe to Vietnam will drop to 0% in the next 9 to 10 years will create new competitiveness in the used car market in Vietnam. • Cars under the age bracket of 2-4 years will account highest market share in terms of sales volume

Egypt Logistics and Warehousing Market is Expected to Cross USD 10 Billion by 20 …

Key Findings • The government plans to invest USD 150 billion in the Suez Canal Zone (SCZone) in the next 15 years, with the aim to attract foreign investment and increase exports from the SCZone. • The General Authority for Investment and Free Zones (GAFI) plans to create 7 new free zones in the country in Minya, South Sinai, New Ismailia, Giza, Dakahlia, Aswan, and Kafr-El-Sheikh. The addition of these 7 new free zones

Brazil Road Freight Market is Expected to Cross USD 8 Billion by 2023: Ken Resea …

Key Findings • Brazilian Government is likely to spend approximately BRL 205 Billion per year in 2019-2024 on infrastructure development in the country. • The government has signed contracts with the private sector for BRL 100 billion in road construction projects over the next four years. The plans include pavement of BR-319 highway and BR-163 till Suriname border, potentially opening that region to mining and agribusiness. • Boosting e commerce sector due to ease in payment

Planned Plant Capacity Expansion and Increase in Fleet Size by Daybrook Fisherie …

“China is expected to remain World's leading producer for Fishmeal and Fish Oil but its share in total production is expected to decline by 2030” Increase in Prices of Fishmeal and Fish Oil: The popularity of omega 3 fatty acids in the human food diet and the specific characteristics required for feed by the aquaculture sector are assumed to have permanently increased the fish to oilseed oil price ratio and it

Philippines Equity Brokerage Revenue is expected to Reach over PHP 12.5 Billion …

Key Findings • Growth of Philippines Financial Brokerage Market is anticipated to be led by growth in trading volume through improvement in investor participation, surge in implementation of new technologies, collaboration between financial services firms, banks and fin-tech companies and growth of Fin-tech firms. • There is a possibility that the Commodities & Derivatives exchange could not be re-opened by the government in short term. Unavailability of trading exchange dedicated to Commodity & Derivative

Kenya Freight Forwarding Market is Expected to Cross USD 4 Billion by 2023: Ken …

Key Findings • Kenya has started direct flights to the US. This, along with the AGOA will give Kenya greater access to the US markets. • KSh 180.9 billion have been allocated for on-going roads construction projects as well as the rehabilitation and maintenance of roads. Ksh 55.8 billion have been provided for the completion of Phase 2A of the SGR, Ksh 11.0 billion for the LAPSSET Project; and Ksh 7.2 billion for

Cooke Decision to Acquire Omega Protein Corporation will Help the Company to Fur …

“The acquisition of Omega Protein Corporation was the largest acquisition in the 33-year history of Cooke. The strategic fit of Omega Protein’s fish based nutritional ingredients with Cooke’s strong position in aquaculture feed and farming could lead for greater revenues in the years to come” Enhancing Operational Capability through Vertical Integration: The animal feed ingredients produced by Omega Protein are an important component in Cooke Aquaculture’s production of healthy Atlantic salmon,

Vietnam E-learning Market is expected to reach around USD 3.0 billion by the yea …

• The positive growth indicators such as GDP worth USD 244.9 billion and GDP per Capita worth USD 2,389 along with increase in total number of E-learning service providers in the market are collectively indicating a positive future outlook for the Vietnam E-learning market. • The increase in the total number of schools establishments and the lack of teaching strength has triggered the market for E-learning in Vietnam. As per the general stats

Turkey E-learning Market is expected to reach over USD 200 Million by the year e …

Company Profile of Major Players Operating in Turkey E-Learning Market (Enocta, Einstein, Blackboard, Infinity Teknoloji, Moodle, Idea E-learning Solutions, Canvas, GLOBED, Udemy, Respongo, Bilgi Kurdu, iSpring, Advancity and Others) • The increase in the total number of schools and the decreasing teacher to pupil ratio has awakened the need for digital education in Turkey. • Government Initiatives such as Turkey’s Ambitious Vision of 2023 has helped to boost the ICT infrastructure of Turkey

Taiwan Online Advertising Market would be Driven by Continued Growth in the Numb …

• The expenditure on digital advertising is expected to increase as the economic condition of the country improves and the internet penetration increases. Advertisers from Hospitality & Tourism, Banking, FMCG, Automotive and Real Estate are expected to show massive growth over the forecasted period 2019-2023. • The government is actively promoting the mobile medium by introducing services like free Wi-Fi with 4,400 hotspots spread all over the country making the internet more accessible

Singapore International Remittance Market is anticipated to Generate Transaction …

The report titled provides a comprehensive analysis of Singapore’s International Remittance Market including market evolution, overview, genesis, market size and market segmentations. Extensive focus has been placed in quantifying the transaction value and volume over the period, 2013-2023. The report covers aspects such as market segmentation (by channels used and by top flow corridors) and a descriptive snapshot on the Bill Payments Market in Singapore. Competitive landscape of major players

Russia Online Advertising Market Expenditure is expected to reach over RUB 202 B …

• The investment in online advertising is expected to increase as the economic and business condition of the country improves and the internet penetration increases. Advertisers from Retail & E-commerce, FMCG, Automotive and Real Estate are expected to show massive growth over the forecasted period 2019-2023. • New metrics development and launch of various innovative products by various publishers are going to drive the expenditure by advertisers in this market space. In addition

Portugal Logistics and Warehousing Industry Revenue is expected to Reach around …

• Portugal government has planned to invest across strategic sectors. Several projects have been planned to work on infrastructure related projects such as seaports, airports, roads and railways. The government has outlined 72 different programs and projects with the transport and mobility sector receiving the largest slice, at EUR 12.7 billion for a total of 44 projects which will create a positive impact in future. • Rise in exports will affect the logistics

Malaysia Logistics and Warehousing Market is Expected to Reach over MYR 200 Bill …

• The Eleventh Malaysia Plan by government for the period 2016-2020, is aimed at development of all the sectors driving the economy of the country such as services sector, manufacturing sector and others. It also focuses on improvement of logistics infrastructure in the country. • West Port, the newest port area in Port Klang, plans to increase its capacity by 50 per cent to 30 million TEUs per annum by 2040. The development

Malaysian E-Learning Industry Revenue is Expected to Reach over USD 2 Billion by …

“With the rise of a new government in Malaysia, coupled with growing improvements in ICT technology shows a growing positive trend for E-Learning Technologies as well as E-Learning Content creators over the coming years.” Changing Political Scenario With the end of 2018, the Malaysian government had a change in its ruling party after 60 years, to the PAKAPAN HARAPAN. This government has expressed its visions to improve ICT in Malaysia and focus

Indonesia Peer-to-Peer Lending Market is expected to Reach IDR 430 Trillion in t …

KEY FINDINGS • It is expected that by the year ending 2024, the amount of loans disbursed by the Peer-to-Peer Lending platforms will be IDR 430 Trillion, more than quadrupling from the amount in 2018. • Improvement in internet and mobile phone penetration will improve credit access to remote regions on Indonesia and help narrow the funding gap faced by Small and Medium industries. • Major marketing strategies adopted by Peer-to-Peer Lending platforms will include partnerships

Indonesia Financial Brokerage Revenues is Expected to Reach around IDR 6 Trillio …

Key Trends • With the stable positive economic outlook of Indonesia, government’s focus on infrastructure building of around IDR 2.394 trillion by 2024, and continued efforts of stock exchange and other related bodies to impart awareness about capital markets, the traded value of investment is bound to shape the revenue of the industry during the forecast period. • The dependency on bank based loans by the corporations is also expected to fall and the

India Medical Consumables Market is expected to reach around INR 210 billion in …

• In accordance with, Ministry of Road Transport and Highways the number of road accidents in India has increased from 406,726 in 2003 to 461,000 in 2018. • India collected 11.45 million units of blood in 2017-18, and met 88% of its 13 million units target based on World Health Organization (WHO) norms. • In accordance with National Health Policy 2017, the government health expenditure would increase from 1.4% of GDP

Uganda Freight Forwarding Market to Reach over USD 680 million by 2022-23: Ken R …

Key Findings • The infrastructural development projects such as maintaining the roads and opening up new railway links will help the roadway and railways improve their connectivity. • Increasing digitalization will help the courier and parcels industry and the express market grow. With internet being widespread the use of the logistics market in these sectors would also grow. • The new international airport at Hoima is expected to bring down the prices of air freight

Europe Machine Tools Market will be Driven by Modernization of Existing Industri …

Europe Machine Tool Market by Type of Cutting Tools (Machining Centres and Flexible machines, Turning Machine, Laser and electric discharge machine, Milling machines, Grinding, honing, lapping and polishing machines, Transfer machines, Gear cutting and finishing machines, Drilling machines, boring machines and boring-milling machines, Sawing and cutting-off machines), by Forming tools (Forging machines and hammers (including presses), Wire working machines, Bending, folding and straightening machines, Shearing, punching, notching machines), by end

Europe Cyber Security Market is expected to reach around USD 40 Billion in terms …

• Cyberattack trends from the second half of 2018 to reveal that Banking Trojans represented 25% of all attacks aimed at enterprises during Q2 and Q3 of 2018. • According to the Industry articles, Cybercrime could cost companies USD 5.2trillion over the next five years unless significant improvements to internet security are implemented. • The ICT Industry is further expected to become a key developing industry as 30% of enterprises with 1,000+ employees

APAC AI in Healthcare Market to Reach around USD 11,733 Million in terms of Reve …

• It is expected during 2019-2025, Deep Learning Method would grow at a CAGR of about 56.3% owing to factors such as increased application in technologies such as Google Assistant, Siri, Amazon Alexa and others. However, Natural Language Processing is expected to acquire half of the revenue generated by APAC AI in Healthcare Market. • Human contact during surgery is expected to be removed or minimized as robotic surgeries will become capable

Philippines Agricultural Equipment Market is expected to grow and reach USD 400 …

Key Findings • The Philippines agriculture equipment market is anticipated to grow in the future due to the expected increase in the agriculture crop production, reaching up to around 86.3 million metric tonnes in 2023. • The market growth is expected to be fueled by rising demand and prices of agriculture produce, better government regulations and rise in mechanization rate and with the introduction of technological advancements such as Agricultural Robots and Drones in

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