Thailand Medical Devices Market Growth Rate — Ken Research

 1. Thailand’s medical devices market is one of the most well-known and well-established sectors in ASEAN countries which grew at a CAGR of 9.0% in 2021.

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The medical device market in Thailand has witnessed a good amount of growth during the past few years. This have been made possible because of the rising population rate, changing epidemiology, a growing medical tourism industry, healthcare infrastructure developments, and expanding health insurance. Moreover, Thailand’s increasing budget allocation for the healthcare sector and ongoing healthcare development projects has played a pivotal role in its continued growth. In addition to this, rising demand for more sophisticated and modern medical products, an increase in ageing population, and deaths in the country have created the demand for medical devices in Thailand.

2. Thailand Medical Devices Market is a highly price-sensitive and import-dependent market.

Imports accounted for the majority of the revenue share in the Thailand Medical Device Market in 2021. The imports majorly includes more sophisticated medical and surgical instruments and infrastructure. Around $2700 Mn value of medical devices imported from the United States, Ireland, Germany, China, Japan, South Korea, Malaysia, Vietnam, and other parts of the world. Combining the United States, Germany, and China, the three countries make up more than 40% of all medical devices imported into Thailand. The United States is the biggest manufacturer of medical devices and records the largest sales revenue from such product exports.

3. In the next few years, the overall market is expected to grow with a 10% CAGR, the import will still dominate the segment but the contribution of local production segment is expected to rise.

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The Thailand medical devices market is expected to expand with a double-digit CAGR during 2022-2026F. The creation of a world-class healthcare sector is a top priority for Thailand and the healthcare sector is expected to advance and expand significantly in the next few years which will support the growth of the Medical Device Market in the country. Further, the contribution of local manufacturers to the total revenue of the medical device sector will surge in the near future in Thailand. However, imports will continue to dominate the market by contributing the majority of the market revenues.

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Future of Malaysia Medical Education Market Research Report — Ken Research

 1. Private universities dominate the Malaysia Medical Education Market.

Private universities account for the majority of the universities present in Malaysia. Growing economy is the biggest reason for the growing private colleges in Malaysia. All public and private universities offer Bachelor’s Course (MBBS/MD) while mostly public universities offer specialization course. Public medical colleges in Malaysia are concentrated in the peninsular coastal region while private colleges are spread across the nation. Central region accounts for ~56% of all the private universities present in Malaysia. Youth in these regions have a high inclination towards Medical Education compared to other regions. Top ranked universities are situated in Kuala Lumpur and Selangor, hence the influx of local and foreign students is really high. Post medical studies mostly all top hospitals are situated here.

2. Number of Graduate Physicians has declined in 2020 in Malaysia due to the pandemic.

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There is a decline in the number of graduate physicians per year, as almost a thousand students dropped out due to being watered-down or low grade, and entrance exam score and passing requirement, so they are looking at the possibility of increasing the standards. Dropouts from medical schools is relatively high in Malaysia. Colleges have been facing difficulty to conduct exams due to the pandemic which is a major reason for the decline in Graduates of 2020. This challenge has been similar for both Bachelor and master Courses.

3. More preference towards other specializations has greatly influenced the conversion rate for Internal Medicine over the years.

There has been a rise in the number of non-communicable diseases over the years which has attracted a lot of medical aspirants to opt courses such as internal medicine. High demand and rising salaries globally gave rise to more internist in the Medical Education Industry. However, there has been a decline in the admissions for year 2020 due to the COVID-19, but the number of graduates are high since it is based on the 2016-2017 admissions.

4. Anesthesiology is a safety-oriented specialty and a popular one, as it is a must for all surgical specialties.

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Vigorous training is required to become an anesthesiologist. It requires in depth acquisition of knowledge in key areas, such as the pharmacokinetics (i.e. the effect of the body on a drug) and pharmacodynamics (i.e. the effect of the drug on the body). In addition to pharmacology, anesthesiologists must be versed in mechanical ventilation, various monitors of physiological functioning, neuroanatomy and other general areas of medicine. There has been a decline in the conversion for the specialized courses due to impact of COVID-19. Similar trend was observed in anesthesiology.

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Malaysia Medical Education Market

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Carbon Fiber Market Industry Reach A Market Size Of ~US$ 7 Billion By 2028 – Ken Research

Global Carbon Fiber Market By Geography

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

Europe held the largest market share in 2022, strict laws and regulations aimed at decreasing environmental pollution, as well as ongoing initiatives in the European region, are likely to propel the market expansion.

With the successful introduction of the Airbus A320 series and the Eurofighter, the aerospace and defense sector in the region is at the forefront of innovation. Carbon fiber manufacturers have been able to enter this market in the region due to the low corporate income tax interest rate and expansion of the aerospace and defense industries in the area.

Automotive OEMs must adhere to strict guidelines set forth by the European Union Automotive Fuel Economy (UNEP) standard to reduce carbon emissions by adopting lightweight materials. Additionally, the EU decided to reduce vehicle CO2 emissions by 37.5% by 2030. As a result, the region now uses a lot of carbon fiber in electric vehicles. Offshore wind energy plants are widely spread, particularly in the UK and Germany.

Competition Scenario In Global Carbon Fiber Market

The Global Carbon Fiber Market is highly competitive with ~250 players which include globally diversified players, regional players, and country-niche players with their niche in the Carbon Fiber market.

County-niche players constitute ~45% of the total competitors, while the regional players are the second largest by type. Some of the major players in the market include Toray Industries, Inc., Sgl Carbon, Teijin Limited., Mitsubishi Chemical Carbon Fiber and Composites, Inc., Hexcel Corporation, Solvay, Hyosung Advanced Materials., Formosa Plastics Corporation, BASF SE, DowAksa and among others.

What Is The Expected Future Outlook For The Overall Global Carbon Fiber Market Across The Globe?

The Global Carbon Fiber market was valued at USD ~billion in 2022 and is anticipated to reach USD ~billion by the end of 2028F, witnessing a CAGR of ~% during the forecast period 2022-2028F. The realistic growth scenario represents the most likely scenario as per current market conditions. This scenario assumes that there will be no overall impact on the market due to any potential COVID-19 waves in the future.

The Global Carbon Fiber market is driven by the rising adoption of Carbon Fibers in various sectors like automobile, building, aerospace sectors and various other sectors. However, the market is also constantly being influenced by rapid development in technology, product innovation, and diversification in some countries.

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With the increasing acquisition and emergence of new products, the Global Carbon Fiber market is changing rapidly. For instance, In February 2021, Teijin Limited unveiled two new brands of carbon fiber intermediate materials for sporting purposes, Tenax PW (power series) and Tenax BM (beam series). Tenax PW is a cutting-edge material of aircraft quality that, because of its excellent toughness and longevity, aids in maximizing power and speed.

In July 2020, Toray Industries, Inc. declared that it secured a contract with Lilium GmbH to provide carbon fiber and composite materials for the Lilium Jet. For clean, regional air mobility by 2025, Lilium is creating all-electric, vertical takeoff and landing aircraft. To make cars like the Lilium Jet lighter, carbon fiber composite materials are essential.

Furthermore, In January 2020, Mitsubishi Chemical Corporation bought c-m-p GmbH, a German carbon fiber prepreg maker, through its subsidiary, Mitsubishi Chemical Advanced Material, to strengthen its position in the carbon fiber and composite material markets.

The Global Carbon Fiber Market is forecasted to continue the growth that is witnessed since 2017, the market is probably being driven by rising demand from the aerospace and automotive industries. Over the forecast period, increased demand for automobiles is anticipated to cause an increase in the need for lightweight vehicles. During the projected period, it is anticipated that the demand for fuel-efficient automobiles and governmental restrictions on automotive emissions would be crucial factors. Though the market is highly competitive with ~250 players, few global players control the dominant market share and regional players also hold a significant market share.

Key Topics Covered in the Report

• Snapshot of the Global Carbon Fiber Market
• Industry Value Chain and Ecosystem Analysis
• Market size and Segmentation of the Global Carbon Fiber Market
• Historic Growth of the Overall Global Carbon Fiber Market and Segments
• Competition Scenario of the Market and Key Developments of Competitors
• Porter’s 5 Forces Analysis of the Global Carbon Fiber Industry
• Overview, Type Offerings, and Strengths & Weaknesses of Key Competitors
• COVID-19 Impact on the Overall Global Carbon Fiber Market
• Future Market Forecast and Growth Rates of the Total Global Carbon Fiber Market and by Segments
• Market Size of Tow Size Segments with Historical CAGR and Future Forecasts
• Analysis of Global Carbon Fibers in Major Regions
• Major Type/Supply and Consumption/Demand Hubs within Each Region
• Major Country-wise Historic and Future Market Growth Rates of the Total Market and Segments
• Overview of Notable Emerging Competitor Companies within Each Major Region

Major Players Mentioned in the Report

• Toray Industries, Inc.
• Sgl Carbon
• Teijin Limited.
• Mitsubishi Chemical Carbon Fiber and Composites, Inc.
• Hexcel Corporation
• Solvay
• Hyosung Advanced Materials.
• Formosa Plastics Corporation
• BASF SE
• DowAksa

Notable Emerging Companies Mentioned in the Report

• Nippon Graphite Fiber Co.
• ZOLTEK Corporation
• Gen 2 Carbon Limited
• Carbon Fibre Tubes Ltd.
• Sigmatex

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

• Carbon Fiber Companies
• Carbon Fiber Association
• Research & Development Institutes for Carbon Fiber
• Carbon Fiber Manufactures
• Carbon Fiber Supplier
• Carbon Fiber Raw Material Provider
• Investment Banks Targeting Carbon Fiber Market
• Fiber Composites Companies
• Fiber Composites Providers
• Fiber Composites Manufacturers
• Fiber Composites Suppliers
• Emerging and Startup Composites Companies in the Market
• Government Departments of Polymers and Other Chemicals
• Ministries and Departments of Paint & Coating
• Ministries and Departments of Construction Materials
• Importers and Distributors of Plastics and Composites
• Chemicals Testing and Regulatory Authorities
• Chemicals Research Institutes

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Global Carbon Fiber Market

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Industry Research Report Of UAE Blood Gas Analyzer — Ken Research

 

1. Installations of diagnostic devices (BGA, POC IAA, and TCM) are anticipated to increase in the United Arab Emirates as consumers' preference for cutting-edge solutions over traditional centralized systems grows.

The Diagnostic Devices (BGA, POC IAA, and TCM) Market in UAE is rising as a result of the UAE's expanding healthcare infrastructure. The country's need for diagnostic devices would rise concurrently with the expanding privatization of the healthcare industry. To fulfill the rising need for Diagnostic Devices equipment in the nation, the UAE's expanding healthcare infrastructure has been drawing big businesses from all over the world. Numerous Chinese and Korean manufacturers are also vying for market share in the lucrative UAE Diagnostic device industry, in addition to European and American producers.

2. With the advent of technologically improved equipment in the country, the country's high illness prevalence and desire for particular diagnostics are likely to push demand even higher.   

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Manufacturers of Diagnostic Devices (BGA, POC IAA, and TCM) are concentrating increasingly on product innovation and the incorporation of cutting-edge technology as market awareness grows. IoT integration, device resizing, and the addition of different testing criteria are assisting in addressing difficulties in UAE healthcare institutions such as hospitals and independent labs, particularly in the government sector. Moreover, technological solutions, such as Health IT solutions, mobile and portable systems, and expanded service offerings, are addressing the country's key difficulties in the medical business. Furthermore, the Medical Diagnostic Equipment Market has witnessed a shift in buyer behavior. End users, such as hospitals, choose to lease or license medical devices for a set length of time.

3. The growing incidence of cardiovascular diseases, infections, and other non-communicable diseases, as well as the COVID Impact are driving the market growth.

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The POC Immunoassay Analyzer market in UAE is comparatively less mature yet developing steadily. The high prevalence of cardiac diseases, infections, and other noncommunicable illnesses, as well as the COVID Impact, which raised the frequency of tests in COVID-positive patients, are driving market expansion. It is a concentrated market, with Abbott controlling the market in the UAE. Abbott has maintained its market position by developing high-quality, feature-rich devices. Because of technical improvements and standardizing norms, the POC IAA Market is estimated to earn more than $5 million in revenue by 2025. Devices are constantly improving in terms of size and operational characteristics, and the future is predicted to witness low-maintenance, high-quality multi-parametric devices.

4. Political Instability has resulted in the suppressed growth of the Private sector in the Medical Education System.

As reagents often have a short shelf life, end users avoid stockpiling up and are hesitant to place large purchases. Payments are also delayed as a result of this. Due to this, it becomes difficult for the Manufacturer and Distributor to meet the expectations of the sector on time. In addition to this, the majority of private hospitals are hesitant to purchase pricey diagnostic tools. Due to expanding healthcare resources, government laboratories, such as those at DOH, MOH, and military hospitals, have a high installation rate. Moreover, IAA is a very competitive business, hence certain machines, like Roche, offer a variety of tests on a single platform. With a small number of tests, it might be difficult for other players in the market.

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UAE Blood Gas Analyzer Market

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Major Players in Indonesia Medical Education Market – Ken Research

 1. Unlike other Middle Eastern Countries Indonesia has more Public Colleges than Private Colleges with more than ~50% of Public Universities

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Public Medical Colleges have outnumbered the private Universities in Indonesia due to high interest of the government (as a part of key multi-sectoral reforms).

Responsibility for the management and provision of public health services; and the progressive introduction of greater autonomy in the management of public service organizations includes medical education as a primary sector of concern.

2. Accreditation system in Indonesia is largely a result of the passing rate in UKKPMD Exam

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Indonesia’s higher education accreditation system award three grades of A, B, C according their scoring on 7 points of best practice. Those that are not accredited do not receive a grade.

• A (Very Good) with a score between 361-400
• B (Good) with a score between 301-360
• C (Fair) with a score between 200-300
• Non-Accredited institutions have a score of less than 200.

Accreditation criteria includes the amount of research work undertaken by lecturers, the quality of publications and the length of time taken for graduates to obtain employment and is measured over 5-year intervals.

The Passing rate of private universities is remarkably low compared to public universities. Government and National Education Ministry are taking measures to consolidate the education sector to reduce the number of underperforming universities.

3. Enablers and Key Success Factors for Stakeholders in the Indonesia Medical Education Industry

Indonesia has high no. of medical schools and colleges compared to other middle east and developing countries. It has also opened doors for the foreign universities to set-up their branches in Indonesia. This trend has led to a mass intake of medical Aspirants. Indonesians are highly appreciable about the merit-based scholarship programs. National level, State level as well as University Level Scholarships are provided to the top performers. These scholarships provide benefits to the students in terms of course fee and recognition. One of the key enablers can be that doctors can provide consultations from anywhere across the nation and receive compensation from list of digital enterprises rising in Indonesia. It is anticipated that these start-ups would continue to grow and would pay hefty amount to the qualified and experienced doctors.

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Indonesia Medical Education Market

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Future In Global Carbon Fibers Market - Ken Research

 WHAT IS THE SIZE OF GLOBAL CARBON FIBER INDUSTRY?

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

The Carbon Fiber Market is largely driven by the rising adoption of Carbon Fibers in various sectors like automobile, building, aerospace sectors and various other sectors.

Due to the increased need for electricity and increased cost-effectiveness, wind turbines are being built or planned with larger rotor diameters (energy cost). Due to their high strength, stiffness, and low density, carbon fiber-based composites play a significant role in wind turbines. They can be utilized to create rotor blade structures that are svelte, aerodynamically effective, and rigid enough to sustain high stresses. Wind turbine blades constructed of carbon fiber are 25% lighter than those made of conventional fiberglass.

Although manufacturers are concentrating on making inexpensive carbon fibers, mass production and commercialization will take some time. Carbon fiber prices must be reduced by mass production if they are to compete with PAN fibers. Due to its high price, carbon fiber's uses are currently limited.

Furthermore, Production declined as a result of COVID-19 across several industries, including the automobile, building, and aerospace sectors. The COVID-19 epidemic has had a significant negative impact on the worldwide automotive supply industry. The majority of the world's auto manufacturing and sales have abruptly stopped. Additionally, COVID-19 had a significant negative impact on the aerospace and defense sector, a significant end-user of the carbon fiber market, in 2020.

GLOBAL CARBON FIBER MARKET BY RAW MATERIAL

The Global Carbon Fiber market is segmented by Raw Material into PAN-based and Pitch–based.

PAN-based segment held the largest market share in 2022 owing to it being more affordable and producing fiber of higher quality

Due to its affordability, high modulus, high tensile strength, and superior fiber quality, it is widely used in aerospace & military, automotive, and sporting goods applications.

As there is a growing need for carbon fiber with a higher strength-to-weight ratio, PAN precursor is frequently used because of its superior material qualities. The segment growth is also anticipated to be supported by PAN's lower cost when compared to pitch-based carbon fiber.

GLOBAL CARBON FIBER MARKET BY TYPE

The Global Carbon Fiber Market is segmented by Type into Virgin carbon fiber and Recycled carbon fiber.

Recycled carbon fiber segment held the largest market share in 2022, the increased demand from the footwear sector is a major driver of market expansion.

Demand for lightweight materials is rising in the automotive, aerospace, and defense sectors, Due to its superior advantages like affordability, energy efficiency, lightweight, and environmental sustainability, recycled carbon fiber is being used more and more in the automotive, aerospace, and defense industries.

The demand for recycled carbon fibers is rising as a result of the increased environmental rules imposed by regulatory organizations like the European Union (EU) and the US Environmental Protection Agency (EPA) to limit carbon emissions.

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GLOBAL CARBON FIBER MARKET BY TOW SIZE

The Global Carbon Fiber market is segmented by Tow Size into Small tow and Large tow.

Small tow segment held the largest market share in 2022, as small tow fibers have a high modulus and tensile strength, which makes them widely used in the aerospace sector. Typically, it refers to roving’s with 24,000 (24K) or fewer strands.

Carbon fiber is made up of fibers that contain 92% carbon. A tow is created when several parallel filaments are gathered together. Small tow fibers are those with up to 24,000 strands.

Due to their high tensile strength and high modulus when used to create composites, which are employed in many applications, little tow fibers are widely used in the aerospace sector. When compared to large tow fibers, small tow fibers are more expensive.

GLOBAL CARBON FIBER MARKET BY END-USER

The Global Carbon Fiber market is segmented by End-User into Aerospace and Defense, Automotive, Wind Turbines, Sporting goods, Construction and Others.

Aerospace and defense segment held the largest market share in 2022, due to the increasing need for lightweight materials in Aerospace and Defense. Further expansion of the application base in the air transport sector is anticipated due to the aviation industry's rapid growth.

PAN-based and pitch-based carbon fibers are in significant demand for the production of commercial aircraft and satellites, respectively. Commercial aviation manufacturers have a significant need for PAN-based carbon fibers for next-generation aircraft to increase their fuel efficiency due to their low weight and corrosion resistance.

Key Topics Covered in the Report

• Snapshot of the Global Carbon Fiber Market
• Industry Value Chain and Ecosystem Analysis
• Market size and Segmentation of the Global Carbon Fiber Market
• Historic Growth of the Overall Global Carbon Fiber Market and Segments
• Competition Scenario of the Market and Key Developments of Competitors
• Porter’s 5 Forces Analysis of the Global Carbon Fiber Industry
• Overview, Type Offerings, and Strengths & Weaknesses of Key Competitors
• COVID-19 Impact on the Overall Global Carbon Fiber Market
• Future Market Forecast and Growth Rates of the Total Global Carbon Fiber Market and by Segments
• Market Size of Tow Size Segments with Historical CAGR and Future Forecasts
• Analysis of Global Carbon Fibers in Major Regions
• Major Type/Supply and Consumption/Demand Hubs within Each Region
• Major Country-wise Historic and Future Market Growth Rates of the Total Market and Segments
• Overview of Notable Emerging Competitor Companies within Each Major Region

Major Players Mentioned in the Report

• Toray Industries, Inc.
• Sgl Carbon
• Teijin Limited.
• Mitsubishi Chemical Carbon Fiber and Composites, Inc.
• Hexcel Corporation
• Solvay
• Hyosung Advanced Materials.
• Formosa Plastics Corporation
• BASF SE
• DowAksa

Notable Emerging Companies Mentioned in the Report

• Nippon Graphite Fiber Co.
• ZOLTEK Corporation
• Gen 2 Carbon Limited
• Carbon Fibre Tubes Ltd.
• Sigmatex

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

• Carbon Fiber Companies
• Carbon Fiber Association
• Research & Development Institutes for Carbon Fiber
• Carbon Fiber Manufactures
• Carbon Fiber Supplier
• Carbon Fiber Raw Material Provider
• Investment Banks Targeting Carbon Fiber Market
• Fiber Composites Companies
• Fiber Composites Providers
• Fiber Composites Manufacturers
• Fiber Composites Suppliers
• Emerging and Startup Composites Companies in the Market
• Government Departments of Polymers and Other Chemicals
• Ministries and Departments of Paint & Coating
• Ministries and Departments of Construction Materials
• Importers and Distributors of Plastics and Composites
• Chemicals Testing and Regulatory Authorities
• Chemicals Research Institutes

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Global Carbon Fiber Market

Future In Malaysia Buy Now Pay Later Market 2022–2028 — Ken Research

Ecosystem of BNPL Market in Malaysia

Malaysia BNPL Market is at growing stage and has a consolidated market with about 5-6 major players capturing large portion of the market. Atome is the market leader.

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Key Findings

• The population of Malaysia is becoming more tech-savvy which will drive the adoption of technology and hence, BNPL services in the country.
• E-commerce will continue to drive the majority of revenue for BNPL industry due to increasing popularity of E-Commerce among the population.
• Central and Eastern Malaysia will continue to attract more investment with Pahang aiming to become leading state in business activity and Selangor attracting more investors by having highly skilled labor.

Entry of Global BNPL Players: The Malaysian BNPL industry has become one of the most attractive markets in the Southeast Asian region. As a result, global BNPL platforms are considering to extend their product offerings for consumers in the country. In Singapore and Malaysia alone, the firm is expecting the BNPL market to grow significantly by 2025. In these two Southeast Asian countries, the firm is looking at the target market for bigger ticket installment plans. Notably, in New Zealand and Australia, the firm has partnered with 5,000 merchants.

Emerging New Players: Malaysian BNPL Market is expected to grow over the coming years and thus, new players are entering the market intending to gain market share in the already competitive but growing BNPL industry. Shop Back Pay Later, the BNPL feature, integrates the services of Hoolah acquired by firm in 2021. The entry of these new players into the BNPL sector is expected to further drive competition and innovation in Malaysia and assist in the growth of the market.

E-Commerce driving market: E-commerce will continue to drive the majority of revenue for BNPL industry due to increasing popularity of E-Commerce among the population. As more vendors adopt BNPL services, it will lead to increase in traction for BNPL Players in E-Commerce earning them more revenues. Rise of new segments like Automotive, Insurance etc. will reduce the share of E-commerce in BNPL.

Analysts at Ken Research in their latest publication “Malaysia BNPL Market Outlook to 2027F- Driven by Digitalization, Rising Tech-Savvy Population, Increasing M&A Deals, Partnerships between BNPL players.” by Ken Research observed that BNPL Market is an emergent BNPL Market in Malaysia at a growing stage from the economic crisis after pandemic. The Entry of Global BNPL Players, Strategic Partnerships along with government initiatives is expected to contribute to the market growth over the forecast period. The market is expected to grow at a 37.4% CAGR during 2022-2027F owing to the rise in economy of the country, increasing young population and new government policies.

Key Segments Covered in the report:

Malaysia BNPL Market

• By Mode Of Payment
• Online
• Offline
• By End-users
• E-Commerce Retail
• Consumer Electronics
• Food Aggregators
• Travel Aggregators
• Others
• By Geography
• Kuala Lumpur
• Selangor
• Sabah
• Sarawak
• Others
• By Age Group
• 18-30
• 30-40
• 40-50
• Above 50

Key Target Audience:

• Bankers and associations
• Government associations
• Corporates
• Investment firms
• Government Bodies & Regulating Authorities
• Fintech companies
• Venture capitalists

Time Period Captured in the Report:

• Historical Period: 2019-2022P
• Base Year: 2022P
• Forecast Period: 2022P-2027F

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Companies Covered:

• Atome
• MY IOU
• Shopback
• Split
• Grab’s Pay Later
• Pace

Key Topics Covered in the Report

• Global Overview of Buy Now Pay Later Industry
• Ecosystem and Value Chain of Malaysia BNPL Market
• Market Size of Buy Now Pay Later Industry in Malaysia
• Market Segmentation of Buy Now Pay Later Industry in Malaysia
• SWOT Analysis and Growth Drivers of Malaysia BNPL Market
• Trends and Challenges of Malaysia BNPL Market
• Demand Side Analysis and Supply Side Analysis
• Competition Framework of Malaysia BNPL Market
• Future Outlook of Future Outlook
• Case Study and Analyst Recommendations

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Malaysia Buy Now Pay Later Market

Related Reports By Ken Research:

South Africa Buy Now Pay Later Market Outlook to 2027F

KSA Buy Now Pay Later Market Outlook to 2027

UAE Buy Now Pay Later Industry Outlook to 2027

Future In USA Hyperscale Data Center Market, Data Hosting Facilities USA — Ken Research

 The market is Fragmented with several important players. Equinix, Digital Reality, Iron Mountain are among the top players in the market.

Top Hyper Scale Data Centre Infrastructure companies and Hardware and Software Equipment Providers in USA

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Key Market Findings:

• IT and Telecom sector to remain the major end user for HSDCs in USA by 2027F due to rapidly growing internet use and connectivity
• More than 300 hyper scale data centres were being operated in 2022 in USA
• IT and Telecom sector to remain the major end user for HSDCs in USA by 2027F due to rapidly growing internet use and connectivity

Increasing requirement of power density: The rack density in the most used hyper scale data centers has increased significantly over the past three years. Therefore, there are major gaps for power supply which will be fulfilled by Hyper scale data centers in the future.

Submarine cable projects along the East Coast: Hyperscale users experience huge traffic so they have invested largely in subsea cables, which connects data centers across continents, especially along the East Coast. This helps in avoiding huge traffic and lessens dependency on the nearest data center.

The roll out of 5G: A cellular network with significantly greater bandwidth compared to predecessors, will provide the infrastructure required for smart cities, advanced health services, sophisticated national security systems, drone delivery systems and autonomous vehicles. This foster data transfer from data centre to the clients.

Soaring Establishment Costs: Rising demand is causing capacity problems, challenges with land availability, and electric power supply delays. Because of the historically large volume of releasing activities, market absorption in the United States reached 1,087 MW in H1 2022, accounting for more than 95% of total demand in 2021.

Data Privacy Laws: State wise data privacy laws need to be followed by data centers that are built in the USA. The CCPA, modelled after the General Data Protection Regulation (GDPR), is aimed at protecting California residents' consumer rights, ensuring stronger privacy, and increased transparency.

Analysts at Ken Research in their latest publication “USA Hyperscale Data Centers Markets – Driven by the growing adoption of remote work and surging demand of cloud computing solutions by Ken Research observed that Hyperscale Data Centers market is an emergent market in USA at a growing stage even during the pandemic as well. The rising of digitization and quality telecommunication services, along with the reducing Setup Cost, is expected to contribute to the market growth over the forecast period. The USA Hyperscale Data Centers Market is expected to see high growth rate over the forecasted period 2023-2027F.

Key Segments Covered

USA Hyperscale Data Center Market (Revenue, Number of Data Centers):

• By Solutions Provided (by Revenue), 2022 & 2027:
• Storage
• Cooling
• Network
• Support and Maintenance
• Interconnection
• Others such as IT Equipment’s, supporting infrastructure and more
• By Region (by Revenue), 2022 & 2027:
• Northern Virginia
• Dallas
• Silicon Valley
• Chicago
• Phoenix
• NYC - NJ
• Atlanta
• Hillsboro
• Austin
• Washington
• Seattle
• Houston
• Others such as Columbus and more

• By End Users (by Revenue), 2022 & 2027:
• IT and Telecom
• BFSI
• Healthcare
• Entertainment & Media
• Government and Defense
• Retail & E-Commerce
• Others such as Education, Airports and more

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Key Target Audience

• Data Centers Service Providers
• Telecom Companies
• Governments
• Cloud Providers
• Information Technology Companies
• Telecommunication Service Providers
• Enterprises

Time Period Captured in the Report:

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

Companies Covered:

• Equinix
• Digital Reality
• CyrusOne
• QTS
• Switch
• Iron Mountain
• Cyxtera
• NIT
• Coresite
• Flexential
• Databank and more

Key Topics Covered in the Report:

• USA Hyperscale Data Centers Overview
• Internet Penetration in USA
• Cross Comparison of Data Center Market in USA with Other Countries
• Ecosystem of Hyperscale Data Center Industry in USA
• Business Cycle of Hyperscale Data Center Market in USA
• Construction of Hyperscale Data Centre
• Features of Hyperscale Data Center Facilities
• Data Center Trends Driving Digital Transformation
• Market Segmentation of Hyperscale Data Center Industry in USA
• Porter Five Forces Analysis: USA Hyperscale Data Center Market
• Growth Drivers of USA Hyperscale Data Center Market
• Mergers, Acquisitions and Key Investments in USA Hyperscale Data Center Market
• Issues and Challenges in USA Hyperscale Data Center Market
• Demand Analysis
• Competitive Landscape
• Future Market Size of Hyperscale Data Center Industry in USA
• Future Market Segmentation
• Analyst Recommendations

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

USA Hyperscale Data Center Market

Related Reports By Ken Research:

Global Modular Data Centers Market 2020

Global Modular Data Centers Market 2018 

Singapore Cold Chain Market — Growth, Trends and Forecasts | Ken Research

 Singapore’s Cold Chain Market is in the growing stage, being driven by the change in lifestyle leading to increasing demand for meat products and health care products storage requirements. Major entities in the market are cold storage and cold transport companies that are offering a variety of warehousing and transport services.

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Key Market Findings:

• Singapore has focused on the establishment and maintenance of roads and the construction of facilities that lead to the development of the country.
• Singapore is the first country to have approved the commercial sale of cultivated meat in 2020 and is made available to consumers through home delivery.
• E-commerce and direct consumer deliveries of temperature-sensitive products will find excellent opportunities in the cold transport market.

Growing demand for temperature-controlled products: The Cold Chain Market in Singapore is anticipated to expand between 2021 and 2026F. The grounds for its constant growth are the well-established infrastructure, a positive business climate, and a high per capita income. After the pandemic, the demand for healthcare products such as vaccinations, biopharmaceuticals, and clinical trial supplies is anticipated to persist. In Singapore, meat and seafood consumption is up in 2021. The country's growing need for items with controlled temperatures as well as government initiatives and programs are expected to drive the market for cold-storage equipment.

Introduction of Centralized data platform and developments in supply chain operations: Singapore Trade Data Exchange (SGTraDex) is a common data platform introduced in 2020 to streamline information flows across a fragmented global supply chain. SGTraDex facilitates information exchange between proponents across the supply chain ecosystem in Singapore, providing "trusted, secure, and inclusive" access. PSA Singapore has opened a new Tuas Port to provide a well-linked supply chain and logistics ecosystem along the western seaboard of the country. The next Generation Port 2030 initiative focuses on making the Singapore port the largest integrated facility in the world.

Thermal Storage Technology and Technological Upgradations: Cold chain operators meet the energy-intensive demands of their products while minimizing pressure on natural resources. Players offer 100% fuel-free and environmentally friendly heat storage technology. Investing in technology is becoming essential to stay ahead of the market and serve consumers most effectively. IoT-enabled temperature monitoring helped him keep an eye on his goods 24/7, and recording temperatures has become much easier than the previous manual method.

Analysts at Ken Research in their latest publication “Singapore Cold Chain Market Outlook to 2026F: Driven By Rising Meat And Seafood Consumption Coupled With Demand For Temperature Sensitive Health Care Products” observed that the Cold Chain market is an emergent market in Singapore at a rebounding stage from the economic crisis after the pandemic. The rising demand for temperature-sensitive healthcare products during the pandemic, increasing infrastructural investments in the city along with government initiatives are expected to contribute to the market growth over the forecast period. The market is expected to grow at a 6.6% CAGR during 2021-2026F owing to the growing demand for processed foods coupled with the opportunities in vaccine transport.

Key Segments Covered

Singapore Cold Chain Market

• By Type:
• Cold Transport
• Cold Storage
• By End User:
• Meat and Seafood
• Dairy Products
• Vaccination and Pharmaceuticals
• Processed Frozen Foods
• Fruits, and Vegetables
• By Ownership
• 3PL Cold Chain Facilities
• Owned

Singapore Cold Transport Market

• By Truck Type

• Reefer Vans/Trucks (1 to 10 Tons)
• 20 foot reefers (10 - 20 Tons)
• 40 foot reefers and others (more than 20 tons)

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• By Mode of Transportation

• Land
• Sea
• Air

• By Location

• Domestic
• International

• By Vicinity

• Inter-city
• Intra-city

• By End User

• Meat and Seafood
• Dairy Products
• Vaccination and Pharmaceuticals
• Processed Frozen Foods
• Fruits, and Vegetables

Singapore Cold Warehouses Market

• By Temperature Range
• Frozen
• Chilled
• Ambient
• By Automation
• Automated Pallets (Min. of ASRS + RFID + WMS)
• Non-automated Pallets (Missing any of the above)
• By End User
• Meat and Seafood
• Dairy Products
• Vaccination and Pharmaceuticals
• Processed Frozen Foods
• Fruits, and Vegetables
• By Major Cities
• Changi North and South Area
• Fishery Port Road
• Pandan and Penjuru
• Others

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: 2022-2026F

Companies Covered:

Cold Storage Companies

• CWT Logistics
• Mandai / Lineage Link
• Seo Eng Joo
• WLNA
• StorBest
• Agility
• Jurong Cold Store
• NCS Cold Store
• Sharikat Logistics Pte Ltd.
• Atlas Ice Ptd Ltd
• QAF Fruits Cold Store
• Commonwealth Kokubu Logistics Pte Ltd
• Keppel Logistics
• ITC Cold Chain Logistics
• Alliance Cold Store
• Logistics Solution Hub
• Others

 Cold Transport companies

• DB Schenker Logistics Company
• DHL Logistics
• DTDC ECommerce
• Yusen Logistics Service
• MNX Global Logistics
• Volvo Group
• Pan Ocean

Key Topics Covered in the Report

• Overview and Genesis of the Singapore Cold Chain Market
• Singapore Cold Chain Industry Ecosystem
• Market Size of Singapore Cold Chain Market by Revenue, 2016 to 2021
• Singapore Cold Chain Market Segmentation (by Type, by End User, by Ownership), 2016- 2021
• Market Size of Singapore Cold Storage Market By Revenue, 2016 to 2021
• Singapore Cold Storage Market Segmentation (by Temperature Range, by Automation, by End User, by Major Cities), 2021
• Market Size of Singapore Cold Transport Market By Revenue, 2016 to 2021
• Singapore Cold Transport Market Segmentation (by Truck Type, by Mode of Transportation, by Location and Vicinity, by End User), 2021
• Trends and Developments in Singapore Cold Chain Market
• Technological Integration in Singapore Cold Chain Market
• Issues and Challenges in Singapore Cold chain Market
• Regulatory Landscape of Singapore Cold Chain Market
• Regulation of Singapore Cold Chain through SS 668
• Recent Trends in the Portugal Cold Chain Market
• Consumer and End User Analysis of Singapore Cold Chain Market
• Competitive Analysis of Singapore Cold Chain Market
• Future Outlook of Singapore Cold Chain Industry, Cold Storage Market, cold Transport Market, 2021-2026F
• Market Opportunities and Analyst Recommendation

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

Singapore Cold Chain Market

Related Reports By Ken Research:

Philippines Cold Chain Market Outlook to 2026F

Qatar Cold Chain Market Outlook To 2026

Malaysia Cold Chain Market Outlook To 2026

Rising Demand Of Used Cars Among Consumers In UK Used Car Market Is Expected To Generate ~GBP 273 Bn By 2026F: Ken Research

 UK Used Car Market Ecosystem

The UK used car market is consolidated with few major players (both organized and unorganized) operating in the industry. Majority of the used cars are sourced from organized sector with more than half the total share of used cars sold. Direct buying from consumers or individual sellers is another major source. Arnold Clark is the dominant player in Offline Used Car market in UK.

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Key Findings

• The share of organized sector is more than unorganized sector in UK used car market due to higher preference and trust on organized players in the market.
• People in UK prefer cars that are around five years old as they are less likely to need expensive replacements at this age.
• With the rise in preference for online retailing, the online segment is expected to witness significant growth, however, a large number of customers prefer offline stores while purchasing used vehicles to ensure and check the vehicle physically. Therefore, the offline segment of the market is anticipated to dominate the market during the forecast period.
• South East England is the dominating region in UK for used cars sales as of 2021 followed by North West and the West Midlands.

Increase in demand for Used Cars: There is a significant growth in the used car sales during forecast period majorly due to expected increase in hybrid and electric vehicle car sales in coming years which is anticipated to grow at ~15% CAGR by 2026F. The conventional used cars have also maintained its dominance however, its overall growth during 2021- 2026F is slower as compared to electric vehicles. As a result, several OEMs are focusing on developing EVs rather than conventional vehicle due to surging demand for more affordable vehicle in the country.

Focus on Expanding Digital Presence: Most consumers these days make used car buying decision after searching online which necessitates synchronizing online and showroom experiences and sharing product information, offering sales support & servicing online. Online platforms can introduce an additional service wherein consumers can go through all the used car auctions taking place around them or that are scheduled for the future. At present, there is not much used car content on Tik-Tok and Snapchat. These platforms are suitable for targeting new customers and will help to increase business opportunities for used car operators.

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Partnerships and Collaborations for future growth: Brand authorized/direct dealership agents as well as large multi-brand outlets can partner with cab aggregators operating in the country such as Uber, Pink Taxi, ABC Taxi in and more. Dealerships can collaborate with mid-size corporates & companies to offer additional discounts to people within that age bracket if they buy a car using the company’s referral. This collaboration will enable the dealership in generating higher number of leads through the companies, which can ultimately lead to better conversion rates and boost pre-owned car sales.

Analysts at Ken Research in their latest publication “UK Used Car Market Outlook to 2026F – driven by declining production of New Vehicles in UK & affordability of used Cars due to increasing cost of living in the Country.” by Ken Research observed that used car market is an emerging automotive market in UK at a rebounding stage from the economic crisis after pandemic. The rising awareness and demand for personal vehicle over public vehicle, increase in disposable income along with rising online platforms for used cars is expected to contribute to the market growth over the forecast period. The market is expected to grow at 11.4% CAGR during 2021-2026F owing to increase in prices of new cars, rise in demand and total sales of used cars.

Key Segments Covered in the Report

• By Type Vendor
• Organized
• Unorganized
• By Type Of Vehicle
• Conventional
• Electric
• Hybrid
• By Type Of Fuel
• Petrol
• Diesel
• Others
• By Sales Channel
• Online
• Offline
• By Type Of Car
• SUV
• Crossover
• Sedan
• Hatchbacks
• Pickup Trucks
• Luxury

Key Target Audience

• Banks and its Subsidiaries
• NBFCs
• Captive Finance Companies
• Government and Institutions
• Automobile Companies
• Car Dealers
• Government and Institutions
• Existing Car Finance Companies
• OEM Dealerships
• New Market Entrants
• Investors

Time Period Captured in the Report:

• Historical Period: 2017-2021
• Base Period: 2021
• Forecast Period: 2022-2026F

Key OEM Covered

• Major OEM and Multi-Brand Outlets

• Arnold Clark Automobiles Limited
• Pendragon PLC
• Sytner Group Limited
• Lookers plc
• Vertu Motors PLC
• Inchcape PLC
• Available Cars Ltd
• JCT 600 Ltd
• Group 1 Automotive

Several Independent Dealers, Auction Houses

• Online Auto Classified Portals & Marketplaces

• Auto Trader Group PLC
• Motorpoint Group PLC
• Cazoo Ltd
• Cinch Cars Limited
• CarGurus UK Limited

Key Topics Covered

1. Executive Summary
   • How is Used Car Market Positioned in UK
2. Country Overview of Used Car Market
   • UK Country Overview
   • Key Demographic Indicators of UK
3. UK Automotive & Used Car Market Overview
   • UK Automotive Market Overview
   • Passenger Car Landscape in UK
   • Ecosystems of Major Entities in Used Car Market
   • Overview and Genesis of Used Car Market in UK
   • Value Chain Analysis
   • Market Size of Used Car Market in UK, 2016- 2021
4. Market Segmentation of Used Car Market in UK
   • Market Segmentation By Vendor Type (Organized and Unorganized Vendors), 2021
   • Market Segmentation By Vehicle Type (Conventional, Electric & Hybrid), 2021
   • Market Segmentation By Fuel Type (Petrol, Diesel, Others), 2021
   • Market Segmentation By Sales Channel (Offline and Online), 2021
   • Market Segmentation By Type of Car (SUVs/Crossovers, Sedan/Hatchback, Pickup Trucks, Others), 2021
   • Market Segmentation By Brand (Ford, Vauxhall, Volkswagen, BMW, Audi, Mercedes Benz, Toyota, Others), 2021
   • Market Segmentation By Age of Vehicle (0-2 Years, 2-6 Years, 6-8 Years, 8+ Years), 2021
   • Market Segmentation By Region (Scotland, North West, Yorkshire & the Humbert, West Midlands, East, London, South East, South West, & Others), 2021
5. Customer Analysis
   • Market Segmentation By Customer Age (18- 30 Years, 31- 60 Years, 60+ Years), 2021
   • Market Segmentation By Gender (Male & Female), 2021
6. Industry Analysis
   • SWOT Analysis of UK Used Car Market
   • Porter’s Five Forces Analysis of Used Car Market
   • Growth Drivers in the UK Used Car Market
   • Issues and Challenges in the UK Used Car Market
   • Trends in the UK Used Car Market
   • Government Rules and Regulations
   • Key Legislations in the Automotive Market in the UK
7. Pricing Analysis
   • Pricing Analysis of UK Used Car Market, 2021
8. Competitive Analysis
   • Competitive Analysis for Major Offline Players
   • Competitive Analysis of Major Online Players
   • Cross Comparison of Leading Ten Offline Players in UK Used Car Market, 2021
   • Cross Comparison of Leading Ten Online Players in UK Used Car Market, 2021
   • Cross Comparison of Major Auction Players in UK Used Car Market, 2021
   • Company-wise Sales Analysis of Major Offline Players in UK Used Car Market, 2021
   • Company-wise Sales Analysis of Major Online Players in UK Used Car Market, 2021
9. COVID-19 Impact
   • Impact of Covid-19 on UK Used Car Market
10. Future Outlook and Projections
    • UK Used Car Market Size future forecast, 2022 – 2026F
    • Future Market Segmentation By Vendor Type, 2026F
    • Future Market Segmentation By Vehicle Type, 2026F
    • Future Market Segmentation By Fuel Type, 2026F
    • Future Market Segmentation By Sale Channel, 2026F
    • Future Market Segmentation By Type of Car, 2026F
    • Future Market Segmentation By Brand, 2026F
    • Future Market Segmentation By Age of Vehicle, 2026F
    • Future Market Segmentation By Region, 2026F
    • GPS Enabled Cars
    • Features of driverless Cars
11. Analyst Recommendations
12. Research Methodology
    • Market Definitions
    • Abbreviations Used
    • Market Sizing Approach
    • Consolidated Research Approach
    • Sample Size Inclusion
    • Research Limitations & Future Conclusion
13. Disclaimer
14. Contact Us

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

UK Used Car Industry Future Outlook

Related Reports By Ken Research:

India Used Car Market Outlook to 2020

USA Used Car Market Outlook to 2026

UAE warehousing automation is expected to embrace structural revisions as a response to rapidly changing demand drivers & Adoption of Industry 4.0 Technology and is expected to generate USD ~550 Mn by 2026F: Ken Research

 UAE Warehousing Automation Industry is in the growing phase and this market is moderately fragmented Which comprises of Solution Providers, Warehouse Management Software, AGV/AMR, AIDC, and Sensors & Controls. There are many major players in the UAE Warehouse Automations Market some of which are Acme Intralog Fzco, Savoye Designs, Kardex.

• The rise of e-commerce and retail sector within the UAE has given a major boost to the warehousing automation market. For instance, AD Ports Group partnered with UAE conglomerate Ghassan Aboud Group, to establish one of the region’s largest wholesale food trading and logistics hub in KIZAD.
• UAE Government initiatives such as Dubai IOT strategy, Dubai Block Chain strategy, Introduction of drones for last mile delivery will revolutionize the logistics and warehousing automation market of UAE.
• The UAE FDI law now allows up to 100 per cent foreign ownership in more than 122 economic activities across 13 sectors including transport and storage, agriculture, space, manufacturing industry, renewable energy, hospitality and food services, among others.

KSA Warehouse Automation Industry Is Expected To Grow 3x, Generating USD ~1 Bn By 2026F Owing To Rising Of New Logistics Players, Saudi Vision 2030 And Investment In Transhipment Hub: Ken Research

 KSA Warehousing Automation Industry is a consolidated market and is in the growing phase which comprises of Warehouse management system provider, autonomous mobile robot companies, piece picking robots’ companies, warehouse drone providers, autonomous truck loading service providers etc. There are many major players in the KSA Warehouse Automations Market some of which are ABB, Konecranes, Swisslog, Diggipacks etc.

• Rapid digitalization, growing adoption of technology for improving efficiency & faster delivery and emergence of advanced technologies have led to the growth of the industry.
• Moreover, Industry trends such as utilization of warehouse drones, increasing demand for hyperlocal deliveries, automated data analytics, Collaborative Robots, etc., are facilitating market growth.
• High Initial Investment with actual return on investment in the long-run, improper installation, data inaccuracy, technology obsoletion, etc., have been the key pain points of the industry. Additional costs of training & hiring skilled workforce have further restrained growth.

Saudi Vision 2030: The government has planned to invest billions of dollars in its transportation & logistics infrastructure as a part of its Vision 2030. For instance, Government plans in place to expand and modernize King Abdul Aziz International which is one of the key airports of the country, planning to increase investments into modernizing and upgrading port infrastructure to handle containers greater than 55+ Mn TEUs and to construct new land bridge which will connect the east and west coasts of the country. This will decrease the transportation times from 10 days through sea to 13 hours through rail.

Expansion by Logistics Players: The growing logistics market of Saudi Arabia is simultaneously witnessing an increasing number of new players and existing players expanding their current level of operations. For instance, Wared Logistics has started first of a series of temperature-controlled warehouses in mid-2012. Also, the logistics chain of UAE, Al Futtaim began with the operations of its second warehousing facility in Riyadh in July 2018.

Emergence as Transhipment Hub: Saudi Ports Authority signed a long-term memorandum-of-understanding with Saudi Industrial Services Co (SISCO), to expand Red Sea Gateway Terminal (RSGT) at Jeddah Islamic Port, which will bolster the aim of turning Jeddah into a transshipment hub for the Middle East. Saudi Arabia will emerge as a transshipment hub for goods which will increase customer’s demand for modern warehouse.

Analysts at Ken Research in their latest publication “KSA Warehousing Automation Market Outlook to 2026 - Driven by Bolstering Ecommerce Industry & Ambitious Government Plans for Digitalization” by Ken Research observed that KSA Warehouse Automation market is in the growing phase. The emergence as transhipment hub, rising number of logistics players, influx of new investments, Saudi vision 2030 and increasing focus on digitization are some of the factors that has contributed to the KSA Warehouse Automation market growth. It is expected that KSA Warehouse Automation market will grow at a CAGR of ~19.7% for the 2021-2026F forecasted period.

Key Segments Covered:-

KSA Warehouse Automation Market

By Product Category (by Revenue), 2021P & 2026F

• Semi-Automated
• Fully Automated

By Product Component (by Revenue), 2021P & 2026F

• Conveyor System/ Sortation System
• Automatic Identification and Data Capture (AIDC)
• Automated Storage & retrieval System (AS/RS)
• Warehouse Management System
• AMR/AGV
• Others (Pick-to-Light and Put-to-Light Systems and automated packaging: wedging, volume reduction, personalization and more)

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By Automated Technology (by Revenue), 2021P & 2026F

• Hardware
• Software

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

• E-Commerce
• Retail (Supermarkets, Hypermarket, Consumer Durables & More)
• 3PL/Logistics
• Others (Health & Beauty, Pharma, Furnishing)

Key Target Audience:-

• International Domestic Freight Forwarders
• Warehousing Companies
• Logistics Companies
• Logistics Consultants
• Government Bodies & Regulating Authorities

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Time Period Captured in the Report:-

• Historical Period: 2016-2021
• Base Year: 2022
• Forecast Period: 2023 – 2026F

Companies Covered:-

• Savoye
• Konecranes
• ABB Ltd.
• SSI Schaefer
• Swisslog
• Diggipacks and more

Key Topics Covered in the Report:-

• Country Overview
• Ecosystem of KSA Warehousing Automation Market
• Business Cycle and Genesis of KSA Warehousing Automation Market
• Commercial Models in KSA Warehousing Market
• Demand Supply Scenario of KSA Warehousing Automation Market
• Growth Drivers of KSA Warehousing Automation Industry
• Trends and Developments of KSA Warehousing Automation Industry
• SWOT Analysis of KSA Warehousing Automation Industry
• Impact of Covid-19 on KSA Warehouse Automation Industry
• Challenges in the KSA Warehousing Automation Industry
• Warehousing Automation Ecosystem in KSA
• Government Warehouse Rules and Procedures
• Technological Innovations in Warehousing Automation Market
• Porter’s Five Force Analysis of the KSA Warehouse Automation Industry
• KSA Warehousing Automation Market Size
• KSA Warehousing Automation Market Segmentation
• KSA Warehousing Automation Market Future Overview
• Competition Scenario
• Cross Comparison between major players in the Market (Inception, Headquarter, Location, Strength, Service offered, No of Employees, types of Automation, End-User, recent Developments)
• Analyst Recommendation

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

Saudi Arabia Warehouse Automation Market

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The Turkey used car market is projected to exceed $150Bn by 2026F owing to increase in price of new cars and government initiatives: Ken Research

 The Turkey Used Car Auctions market is moderately fragmented with multiple dealers (both organized and unorganized) operating in the industry. Majority of the used cars are sourced from car-rental/ leasing companies & auctions. Direct buying from consumers or individual sellers is another major source.

• Turkey is operating in a market where used car demand exceeds supply and this looks likely to remain unchanged as restricted new car availability forces leasing companies to extend contracts and lead times impact on dealers delivering new cars to retail customers.
• Turkish online used-car trading platforms are increasingly investing in both online and brick and mortal stores however COVID-19 has been a major boosting factor that has given a boost to the online used car market.
• Vehicles with average mileage of 81,000-100,000 Km are expected to dominate the industry in the future. Along with mileage, consumers preference for good condition, which would be crucial factor for used car sales.
• Sedans and Hatchbacks will continue to dominate the industry being a preferred car type among large families in cities as well as semi-urban areas with multi-brand and authorized dealerships are likely to expand their network to different regions across Turkey.
• In Turkey, Istanbul is the fastest-growing regional market, owing to rising demand for affordable used cars due to their low price and good condition, increasing penetration of digital advertising, increasing proliferation of the internet empowering the accessibility of used car information, and increasing customer inclination towards used cars.

Increase in demand for New Technology: Leveraging technologies such as Artificial Intelligence & Virtual Reality to enhance the digital experience for consumers by offering 360° interior & exterior view of the car, estimating car price online via uploaded images, analyzing consumer behavioral insights to show relevant ads according to interests & more. Vertical Platforms are giving buyers & sellers new ways to interact online and facilitate the buying decision by offering a plethora of options and focusing on user browsing experience.

Government Initiatives to Regulate Turkey Used Car Market: Regulations to Encounter the Increase in Prices of Used Car. According to the Regulation, Unauthorized secondhand vehicle dealers will now have to obtain the authorization certificate which will be valid for 5 years. Sales of more than three vehicles in one calendar year will be considered commercial activity and sanctions will be imposed on informal activities. The responsibility of giving information and following the rules will also be on the old owner of the vehicle.

Partnerships and Collaborations for future growth: Brand authorized/direct dealership agents as well as large multi-brand outlets can partner with cab aggregators operating in the country such as Uber, Careem Etc. Dealerships can collaborate with mid-size corporates & companies to offer additional discounts to people within that age bracket if they buy a car using the company’s referral. This collaboration will enable the dealership in generating higher number of leads through the companies, which can ultimately lead to better conversion rates and boost pre-owned car sales.

Analysts at Ken Research in their latest publication “Turkey Used Car Market Outlook to 2026F - Driven by Increase in New Car Prices, Government Initiatives and Surge in Online Used Car Platforms” by Ken Research observed that Used Car Market in Turkey is at a rebounding stage from the economic crisis after pandemic. The rising government policies and demand in used car industry, an increase in disposable income along with rising online platforms for used cars is expected to contribute to the market growth over the forecast period. The market is expected to grow at 11.8% CAGR during 2021-2026F owing to increase in prices of new cars, rise in demand for used cars and government initiatives.

Key Segments Covered in the report:-

Turkey Used Car Market

By Type of Market Structure  

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

By Type of Car

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

By Brand

• Volkswagen
• Renault
• Ford
• Fiat
• Opel
• Hyundai
• Others

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By Age of Vehicle

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

By Kms Driven

• 0-40,000
• 41,000-80,000
• 81,000-1,00,000
• 1,00,000-1,40,000
• 1,20,000-1,80,000

By Region

• Istanbul
• Bursa
• Adana
• Ankara
• Others

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Key Target Audience:-

• Used Car Dealers
• Used Car Equipment Manufacturers and Distributors
• Auto Portals
• Online Dealers
• Car Showrooms
• Unauthorized Dealers
• Market Research and Consulting Firms
• Automotive Companies
• Car manufacturing Companies
• Tourism Agencies
• Government Bodies & Regulating Authorities

Time Period Captured in the Report:-

• Historical Period: 2016-2021
• Base Period: 2021
• Forecast Period: 2021-2026F

Companies Covered:-

Leading companies

• Borusan Ara
• Autorola Turkey
• ikinciyeni.com
• sahibinden.com
• Arabam.com
• Araba.com
• Vavacar.com
  

Major OEMs

• Toyota
• Ford Motors
• Volkswagen
• Fiat
• Isuzu
• Mercedes
• BMW
• Opel
• Honda
• Peugeot
• Renault

Key Topics Covered in the Report:-

• Turkey Automotive Market Overview
• Turkey Used Car Market Overview and Genesis
• Ecosystem of Turkey Used car Market
• Overview and Genesis of Turkey Used Car Market
• Step- by-Step Sales Process of Used Car in Turkey
• Value Chain Analysis of Turkey Used Car Market
• Sourcing of Used Cars for Dealers and Lead generation in Turkey Used Car Market
• Turkey Used Car Market Sizing, 2016-2021
• Customer Profile of Used Car Market in Turkey
• Customer Pain points in Used Car industry
• Decision Making Parameters for Customers before Selecting a Used Car
• Key Factors and Price Determinants Influencing Used Car Purchasing Decision
• Findings on Consumer Analysis of Turkey Used Car Market
• Snapshot on Online Classified Used Car Platforms in Turkey
• Cross Comparison of Major Used Car Auction Players
• Turkey Used Car Industry Analysis
• SWOT Analysis of Turkey Used Car Market
• Trends and Recent Development's in Turkey Used Car Market
• Issues and Challenges in Turkey Used Car Market
• Buying and Selling Process of Used Car in Turkey
• Government Initiatives to Regulate Turkey Used Car Market
• Cross Comparison of Major Players in Turkey Used Car Market
• Covid-19 Impact on Turkey Used Car Market
• Outlook and Future Projections for Turkey Used Car Market
• Market Opportunity and Analyst Recommendations
• Competition Framework for Turkey Used Car Market
• Market Share of Used Car providers in Turkey Used Car Market
• Future Outlook of Turkey Used Car Market, 2021-2026F
• Market Opportunity and Analyst Recommendations
• Research Methodology

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

Turkey Used Car Market

Global Nanomaterials Market is expected to record a positive CAGR of ~12% during the forecast period (2022-2028) and is expected to reach approximately US$ 20 Billion by 2028 – Ken Research

 COMPETITION SCENARIO IN GLOBAL NANOMATERIAL MARKET

The Global Nanomaterials Market is highly competitive with ~500 players which include globally diversified players, regional players as well as a large number of country-niche players.

Approximately, the large global players constitute 5%, the regional players 35%, and country-niche players 60% of the market by type of companies operating in the market. Some of the major players in the market include Arkema, Strem, BASF SE, American Elements, Evonik AG, US Research Nanomaterials, Inc., nanoComposix, Frontier Carbon Corporation, Quantum Materials Corp., Cytodiagnostics Inc., Cabot Corporation among others.

What is the Expected Future Outlook for the Overall Global NANOMATERIAL Market Across the globe?

The Global Nanomaterial market was valued at USD ~billion in 2022 and is anticipated to reach USD ~billion by the end of 2028F, witnessing a CAGR of ~% during the forecast period 2022-2028F. The realistic growth scenario represents the most likely scenario as per current market conditions. This scenario assumes that there will be no overall impact on the market due to any potential COVID-19 waves in the future.

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The Global Nanomaterial market is driven by increasing research & development by companies to bring innovative products to the market, the superior physical & chemical properties of these materials, and increasing investment by the governments. However, the market is also constantly being influenced by rapid development in technology, product innovation, and diversification in some countries.

With the increasing innovation and emergence of new products, the Global Nanomaterial market is changing rapidly. For instance, In April 2021, Evonik enhanced its nanoparticles production capabilities at the Gaeltacht facility by completing a new multi-purpose reactor. The new plant would meet the demand for its acrylate resins filled with nanoparticles that has applications such as artificial teeth and component filling for dentistry specialties.

The Global Nanomaterial market was valued at USD ~billion in 2022 and is anticipated to reach USD ~billion by the end of 2028F, witnessing a CAGR of ~% during the forecast period 2022-2028F. The realistic growth scenario represents the most likely scenario as per current market conditions. This scenario assumes that there will be no overall impact on the market due to any potential COVID-19 waves in the future.

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The Global Nanomaterial market is driven by increasing research & development by companies to bring innovative products to the market, the superior physical & chemical properties of these materials, and increasing investment by the governments. However, the market is also constantly being influenced by rapid development in technology, product innovation, and diversification in some countries.

With the increasing innovation and emergence of new products, the Global Nanomaterial market is changing rapidly. For instance, In April 2021, Evonik enhanced its nanoparticles production capabilities at the Gaeltacht facility by completing a new multi-purpose reactor. The new plant would meet the demand for its acrylate resins filled with nanoparticles that has applications such as artificial teeth and component filling for dentistry specialties.

Key Topics Covered in the Report

• Snapshot of the Global Nanomaterials Market
• Industry Value Chain and Ecosystem Analysis
• Market size and Segmentation of the Global Nanomaterials Market
• Historic Growth of the Overall Global Nanomaterials Market and Segments
• Competition Scenario of the Market and Key Developments of Competitors
• Porter’s 5 Forces Analysis of the Global Nanomaterials Market
• Overview, Product Offerings, and SWOT Analysis of Key Competitors
• COVID-19 Impact on the Overall Global Nanomaterials Market
• Future Market Forecast and Growth Rates of the Total Global Nanomaterials Market and by Segments
• Market Size of Fiber Type / End User Segments with Historical CAGR and Future Forecasts
• Analysis of the Nanomaterials Market in Major Regions
• Major Production / Consumption Hubs in the Major Regions
• Major Country-wise Historic and Future Market Growth Rates of the Total Market and Segments
• Overview of Notable Emerging Competitor Companies within Each Major Region

Major Players Mentioned in the report

• Arkema
• Strem
• BASF SE
• American Elements
• Evonik AG
• US Research Nanomaterials, Inc.
• nanoComposix
• Frontier Carbon Corporation
• Quantum Materials Corp.
• Cytodiagnostics Inc.
• Cabot Corporation

Notable Emerging Companies Mentioned in the Report

• Log9 Materials
• StoreDot
• A123 Systems LLC
• GegaDyne Energy Labs Pvt Ltd.
• Nanoramic® Laboratories

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

• Nanomaterials Manufacturers
• Nanomaterials Suppliers
• Raw Materials Suppliers for Nanomaterials Industry
• Chemical Companies
• Specialty Material Companies
• Investors and Venture Capitalists in the Nanomaterials Industry
• Market Research & Consulting Firms
• Start-ups & Incumbents in Nanomaterials Industry
• Company Research and Development Institutes
• Government & Regulatory Authorities
• Nanotechnology Companies

Time Period Captured in the Report

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

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

Global Nanomaterials Market