The Used Car Industry In UK Generated GBP 273 Bn Revenue In 2021 With A Few Players Dominating The Market – Ken Research Emergence of Multi-brand showrooms, Product Innovation & New Business Models are some of the new trends in the UK Used Car market Social Media Dominance: The UK Used Car Market is almost entirely dependent on social media. Car dealers use blogs to generate traffic to their website from search engine results pages. They often put up… Read More »
The Japan Car Rental Industry has grown in the last five years even after seeing a drop during the lockdown: Ken Research The Car Rental Market in Japan saw a dip in the growth rate in 2020 due to the Covid-19 pandemic, but post-pandemic as things have started going back to normal, the industry is expected to bounce back. Japan Car Rental Market Overview: The Japan Car Rental Market is currently at the growth stage owing to… Read More »
Germany Car Rental Market is growing owing to overburdened public transport and extensive social distancing guidelines with trend in having rented cars: Ken Research Focus on surge in digitization and connectivity and rise in the number of people taking business and leisure trips are major factor contributing towards development of Car Rental Market in Germany COVID-19 Impact on Germany Car Rental Market: The rapid spread of coronavirus across the country and enforced lockdown in country have had a negative… Read More »
Italy Car Rental Market is Growing, Owing to Smartphones Users Penetration Along With the Rising Tourism: Ken Research The highest penetration of the internet in the region had strengthened the online reservations for rental cars as compared to the bookings made at the car rental station. People Rising Preference: Growing demand for on-demand transportation services to drive market growth increasing vehicle costs, shrinking parking lots, and high auto maintenance costs encourage people to… Read More »
EV Charging Equipment Market is expected to expand at a CAGR of 34.2% during 2021 and 2026 in UAE: Ken Research 1. The UAE has spearheaded the promotion and adoption of Electric vehicles (EV) to diversify its economy away from oil For more information, request a free sample The UAE leads the Middle East and North Africa (MENA) in the adoption of electric vehicles to diversify its economy from oil. Approximately 30% of UAE residents would consider buying an electric… Read More »
The Rising Number of Foreign Tourists in the country and various Government Initiatives are the major driver of the Indonesian car rental market: Ken Research Driven by the various initiatives by the government for increasing the travel and tourism industry and increasing internet penetration, the car rental market in Indonesia has ample growth potential in the coming years. Significant growth in travel and tourism: The Indonesian car rental market is currently expanding. The pandemic has caused a precipitous drop, which… Read More »
Charging infrastructure in India is currently quite under-developed but has huge potential in the near future owing to increasing EV deployment in the country: Ken Research 1. Infrastructure for EV charging has been gaining pace in recent times, owing to increasing EV adoption, especially in Metro cities. For more information, request a free sample EV charger demand in India witnessed an increase this year owing to tenders announced by PSUs, which put together amounts to about 6,000 charging stations by 2023.… Read More »
Growth in demand for Bio-Lubricants and Major Share of Passenger Vehicle Lubricant Will boost the Thailand Lubricant Market Thailand lubricant market grew at a robust CAGR of in the period 2016-2021, generating very high revenue in 2021 To learn more about this report Download a Free Sample Report Increasing demand for bio-lubricants is expected to drive the Thailand Lubricants Market in forthcoming years owing to continuous growth in the manufacturing sector along with the… Read More »
Digital Enablement And Rising Inflation Are Driving The Turkish Used Car Market – Ken Research 1. Social media plays a major role in generating sales of Turkey Used Car leads For more information, Request a Free Sample Report Car dealers use blogs to generate traffic to their website from search engine results pages. They often put-up educational content related to cars But the Increase in sales of vehicles in the… Read More »
Strong Internet Penetration And Affordable Pricing To Rent A Car Are Providing Notable Opportunities In The Netherlands Car Rental Market – Ken Research 1. Sheer drop due to Covid-19 in the car rental industry in the Netherlands The pandemic has caused a steep fall having a negative impact, especially on the fleet size where the fleet of most players were shrunk to 2/3rd of their previous fleet. Furthermore, gasoline prices began soaring as a result of the lockdowns being… Read More »
