The EV Charging equipment market is growing rapidly, owing to New Manufacturing Plants in the Kingdom and the Entry of new market players: Ken Research

Driven by an increased focus on sustainability, and government initiatives, the EV Charging equipment market in KSA has ample growth potential in the coming years. Manufacturing of EV charging equipment: KSA is one of the Middle East’s fastest expanding economies, which allows the Kingdom to diversify and experiment when it comes to investing in new… Read More »

India EV Charging Equipment Market Revenue is expected to grow at a CAGR of 25.2% from 2021 to 2026: Ken Research

1. Charging infrastructure in India is currently quite underdeveloped but has huge potential in the near future owing to increasing EV deployment in the country. EVs are slowly gaining acceptance, with fewer than 2% of vehicles in India being EVs. India’s charging infrastructure is still extremely underdeveloped, with up to 26 EVs per charger accessible,… Read More »

The Market Shares Of Automotive Lubricants And Industrial Lubricants In Nigeria Lubricants Market Is Expected To Remain Fairly Stagnant And The Market Size For Both Is Expected To Increase In Terms Of Consumption Volume Proportionally – Ken Research

Nigeria Lubricants Market Ecosystem The Nigeria Lubricants market is moderately fragmented with major global and national players occupying almost half of the market. The key players operating in the market are not only competing based on product quality and promotion but are also focusing on strategic moves to hold larger market shares. The major companies… Read More »

Nigeria Lubricants Market are supposed to reach ~ kilo ton by 2027, registering a growth of ~% owing to an increasing demand for expanding wind energy sector & rising demand for high performance lubricants – Ken Research

Increasing drain intervals in the automotive and industrial sectors & slowdown in the automotive industry are expected to hinder the growth of the market. Wind Energy sector to dominate demand: Gear oils find application in wind turbines for lubrication of the main gearbox and other gear motor components. The lubricant requirements in wind turbine gearboxes… Read More »

South Korea Used Car Market is currently in its Growing Stage Owing to low unemployment rate & increasing need for personal vehicle: Ken Research

1. The Used Car Industry in South Korea is growing at CAGR of 1% Basis Volume, with Brands Competing Intensely on Value Added Services Offered The South Korea Used Car market is in the Maturity stage. Easy availability of used car loans by various banks & NBFCs have led to the amplification of pre-owned car… Read More »

Global Grease market revenue to reach US$ 7 Bn by 2028: Ken Research

Global Grease Market By Geography The Global Grease market is segmented by geography into North America, Europe, Asia- pacific and LAMEA. The Asia Pacific accounted for the largest market share within the global grease market, accounting major chunk of total market revenue in 2022 as it houses most of the lubricating companies. According to the… Read More »

Rising demand of personal vehicles with increasing population and future expansion strategies of market players to drive the Lubricants Market in Philippines: Ken Research

Philippines Lubricants Market Ecosystem The Philippines lubricants market is fragmented with too many lubricant manufacturers operating in the industry. Petron and Shell are the dominant player in Philippine’s lubricants market. Key Findings Construction industry added major contribution (9.8%) to the overall GDP in Philippines in 2021. The average volume of production for the manufacturing sector… Read More »

The versatile nature and being great substitutes for helicopters, unmanned flights at a lower cost, the USA Drone market is expected to flourish in upcoming years: Ken Research

USA Drone Market Ecosystem USA Drone Market is in the growing stage, the market is majorly consolidated. Domestic and International players coexist in the supply side in the USA Drone Market. Key Market Findings: Prices of drone hardware, software, and services continue to fall as drone companies compete for market share through penetration pricing. The… Read More »

Growing Manufacturing Sector, developing infrastructure and rising disposable incomes to Drive the Lubricants Market in Thailand: Ken Research

Passenger Vehicle lubricants have second major share in the market as they are lower in viscosity than diesel engine oils as they required for providing swift response. Thailand’s auto-related businesses, which employ significant number are reopening after months of coronavirus shutdowns. Thailand’s shift toward electric vehicles (EVs) could pummel the local auto industry. Thailand’s central… Read More »