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The vehicle finance market across the US has observed a steady growth during the forecasted period due to the effective growth in the fresh and utilized vehicles sales over the similar duration. The market is reaching its Maturity Stage with the Vehicle sales commencement to follow a standard growth developments after the pursued exponential growth over the recent past years. Moreover, the developments in the market were widely stimulated by the lower interest rates in the region as well as an increment in the retail cost of automotive across the US. Furthermore, based on the time period of loan, the vehicles are financed for several tenures in the market, with the share of loans lasting for the 6 years the highest. The entire development in the market is the enlargement of loan terms with car purchasers selecting to generate the payments over a lengthier duration of time to allocate their financial burden evenly over the wider duration.
Additionally, the Chile facility management services market was effectively witnessed to be abstemiously uneven along with the occurrence of various facility service providers in the market. ISS and Sodexo have been majorly governing the market, being on the intercontinental side. This was followed by JLL, CBRE, Colliers, Aramark, GrupoEulen and others. These market players participate on the basis of cost of services, superiority and knowledge of services, track highest, industry observations, sectors serviced, capable workforce and recognized client relationships.
In the coming years, it is predicted that Chile facility management market in the terms of revenue will augment at aneffective CAGR during the forecast period due to the positive growth in the requirement for both soft and hard services that will be further growth largely owing to the enormous growth in construction, tourism and healthcare industries in the country. More IT-based facility management corporates are predicted to increase in near years and the aim on the green building initiative will further augment the scope for the industry.
Australia retail real estate industry was positively witnessed to increase in past years thus, recording a positive CAGR in terms of revenues during the forecast duration owing to the positive growth in the urban density, decreasing vehicle usage, the online retailing and the growing acceptance of equipped or semi prepared meals. The country observed increased opportunities for the investors to attain the foremost retail assets, which historically was not reachable in the region. Bulk of this supply will involve the neighborhood retail centers and huge format retail. For the investor, the constant economic growth, lower interest rates and moderately attractive yields should pursue to determine a strong requirement when compared to several overseas markets.
Not only has this, the furniture industry of Saudi Arabia is predicted to increase at a positive double digit CAGR during the forecast period. Anticipated the tailwinds involve growing hotels and resorts room supply, anticipated to develop in the commercial space, growth in the customer budget allocation for multi-utility furniture and consume preference move to premium modern-design furniture. Therefore, the markets will increase around the globe more positively over the coming years.