Total Tourism Revenues in 2022 amounted to BHD 1.2 Bn exceeding the objective set out in the new tourism strategy for the Kingdom of Bahrain 2022-2027F leading to increase in Bahrain Car Rental Market: Ken Research Focus on Embracing Digitization, Growing Tourism, New Government Initiatives and Entry of Online portals in the market are major factors contributing towards development of Car Rental Market in Bahrain. Bahrain and Saudi Arabia are committed to enhancing joint cooperation in developing infrastructure, road services, and city and region planning, by benefiting from experiences and exchanging… Read More »
USA Drone Market is in Growing Stage, Being Driven by Advance technology, unmanned aerial transport, intelligent mapping and low power consumption: Ken Research 1. USA Drone Market has increased in 2022 at a CAGR of 13.17% owing to the increase in the adoption of drones, especially by commercial businesses in USA To Know More about this report, download a Free Sample Report The potential for the use of drones is really high. Drones are very versatile and can… Read More »
USA Military Drone Market Is Expected To Grow With a Positive CAGR of 12.60% between 2022 to 2027F: Ken Research Demand for Commercial Drones: Commercial drones have witnessed high demand from different end-user industries like Agriculture, Construction, Public Safety & Emergency Services, Mining, Surveying, etc. The commercial drone segment is expected to overtake the military drone segment in terms of revenue. Commercial drones contribute a revenue of 27% in the total drone market in 2022.… Read More »
Consumer preference to use private vehicle over public vehicle due to cases of Coronavirus has given impetus to Car Rental Market in Bahrain: Ken Research Focus on Embracing Digitization, Growing Tourism, New Government Initiatives and Entry of Online portals in the market are major factors contributing towards development of Car Rental Market in Bahrain. COVID Affected Market Growth: Due to the impact of COVID-19, there has been a substantial decrease in new car sales. In 2020, the market became very… Read More »
Italy Car Rental Market is expected to Gain Momentum Owing to Rising Tourism, Along With Growing Internet Connectivity: Ken Research The Ecosystem of Italy Car Rental Market Italy Car Rental Market is at a growing stage. The country has over ~ Market Players in Car Renting. Italy’s Car rental market is dominated by major players such as Europcar, Avis, Hertz, Rentalcars.com, Easycar.com, and many others Italy’s Car Rental Market is in the Growing stage owing… Read More »
Egypt Car Rental Market size is expected to double in the upcoming years owning to increase in E-Vehicles and advance bookings by Foreign Tourists in the country: Ken Research Growth rate of total car rental is going to increase over the period as car leasing becomes easier, and market penetration rates increase in the country. With rising internet penetration and ownership of smartphones, it is expected that customers will make bookings online as it is more convenient for bookings with additional discounts and saving… Read More »
Japan Car Rental Market is forecasted to grow at a robust CAGR in the period of 2022P-2027F: Ken Research Japan Car Rental Market is in the growing stage, being driven by the increase in travel expenditure, rising demand for rental cars, increased internet and smartphone penetration, rising population and increasing demand from tourists for business and leisure purposes hiring rental cars. The Car Rental Industry in Japan is moderately consolidated with key players such… Read More »
Boost in Tourisms, increasing on-demand services and various Government Initiatives are the major driver of the Egypt car rental market: Ken Research Driven by the various initiatives by the government for increasing the travel and tourism industry and increasing internet penetration, boost in tourism sector, the car rental market in Egypt has ample growth potential in the coming years. Boost in Tourism: The Egypt car rental market is currently expanding. The pandemic has caused a precipitous drop,… Read More »
Future Outlook of France Used Cars Market: Ken Research Focus on Embracing Digitization, New Government Policies and Entry of Online portals in the market are major factors contributing towards the development of Used Car Market in France. Digitization in Sale of Used Cars: Online sales have emerged as a critical market growth factor. Online penetration by dealership companies has played an important role in… Read More »
In 2021, 9.1 Mn cars were sold in UK of which 80% (7.5 Mn) were Used Cars reflecting huge demand for Used Car Market in UK – Ken Research 1. The automotive industry contributes around 4 percent to the country’s GDP making it one of the leading Automobiles Hub of Europe For more information, Request a Free Sample Report More than 150 countries importing UK produced vehicles as of 2021, generating billions of trades. There are 32 Mn registered vehicles in UK, almost half… Read More »
