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#Connected Cars Market#Saudi Arabia Connected Cars Market#Saudi Arabia Connected Cars Market Size#Saudi Arabia Connected Cars Market Share
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In Depth: Liberty Media Acquisition
Hello, this post is a response to an ask about what changed in F1 after Liberty Media took over. Great ask, let's dive in.
So in early 2017 the F1 world went through a massive change when it was announced that Liberty Media (LM), an American mass media company, would be taking over. This was an $8 billion acquisition, and they purchased it from Delta Topco, another US company, which was in large part owned by Bernie Ecclestone. The biggest management changes right away were that Ecclestone stepped aside as manager and Chase Carey became the new CEO. Also, Ross Brawn returned to F1 to manage the sporting and technical aspects.
But other than administration, what else changed in F1?
Business Strategy
So, one off the major things LM set out to do was really bring F1 into the digital age. Up until that point F1 had been rather slow to get involved with social media and streaming platforms, but LM knew that modern popularity would stem from there. So they started having a presence on Twitter, Instagram, YouTube, etc. They launched F1TV, a streaming service for all content. They created an app dedicated to news, updates, and tracking standings. All of this helped bring more attention into F1.
Another part of their new strategy was increased fan engagement. Previously the barrier between fan and paddock was much stronger. But LM introduced things like fan festivals, grid-walks, behind-the-scenes content, and other such fan-focused content. They wanted the sport to be extremely accessible to fans, as this is what the younger generation often expects. Nowadays fans can pay to be in the paddock even, or take a tour of a team's garage and see their car's. While the previous management sometimes had special events like this, LM took it to another level.
The final major business strategy that they changed was their sponsorship connections. They renegotiated a lot of the old deals and changed revenue sharing model to get the smaller teams a larger chunk of the sponsorship pie. The goal of this was to make F1 more competitive, as fans tend to not enjoy complete dominance very much. They also connected with some more modern and new sponsors, where previously F1 tended to stick with the old. This allowed them to reach a newer demographic.
Regulations
So, when LM took over they brought with them sweeping regulation changes, but of the major ones started to get introduced only recently in 2021. The biggest of this was the budget cap that was introduced for teams. This limited how much each team could spend per season, also in an efforts to level the playing field. One of the other major changes introduced in 2021 was the car design overhaul. The aerodynamics of an F1 car were changed significantly in order to make overtaking a little easier. As always, this was to make races more exciting.
Beyond those regulations, LM also altered how race weekends worked. They added sprint racing on certain weekend starting 2021, in an effort to make championships tighter and draw more public attention with faster and more eventful races. While the basics of the weekends stayed the same, tighter media scheduling was added in as well and they shifted some race times around to suit a more global audience.
Race Calendar
LM also altered the race calendar when they bought F1. As an American company, it was clear that their major goal was to expand F1 in the US. So US races were brought back, with Miami, Austin, and Vegas being added to the calendar. They also added a lot more races in previously untapped markets like Saudi Arabia and Qatar. While the push was mostly led by a wish for globalization, it also has to do with increasing revenue through hosting fees.
Environmental Concerns
One of the hottest topics in F1 is the environmental concerns that the constant racing creates. This led LM to set a goal to be carbon neutral by 2030. As of right now, they are still working on innovating more sustainable fuel, hybrid engine development, and reducing the sport's overall carbon footprint. This stems from a wish to align F1 with the rising trend of sustainability, making it more attractive to more sponsors and fans.
Audience
Of course you cannot mention the LM changes without mentioning the audience changes. Since 2017, F1 has exploded in popularity. efforts to raise global popularity have worked, and especially in the US F1 is becoming a popular sport. A lot of this stems from their increased presence globally, but a large chunk is from the amount of access LM has given fans. One of those major things was the Netflix docuseries Drive to Survive, which started its first season in 2018. While a bit of a controversial show, it gained an absolutely massive amount of attention, especially among younger American demographics, and led to F1 kind of explode in recent years.The previous demographic for F1 tended to lean more on the older side, to they really opened the doors when they gained this much younger audience.
Alright, so those are the major changes that occurred when Liberty Media took over. At the core F1 is still the same, but this acquisition definitely launched it into the modern age and is responsible for it's current popularity. I hope I answered any questions.
Cheers,
-B
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Top TikTok Influencers in Dubai
TikTok audience soars in the land of luxury, fascination, and rich cultural diversity; Dubai, like the skyscrapers that kiss the heavens. TikTokholics, cheer! Electrifying desert safaris, the latest fashion trends, jaw-dropping theme parks, thrilling make-up tutorials, humorous pranks, tasty cuisine, fitness regimes, and more- the top TikTok influencers in Dubai, UAE let the city’s futuristic charm meet TikTok’s dynamic energy. They represent the country’s unique vibe through the window of their TikTok account. They provide us with dynamic, and varied content. On the other hand, they help brands reach untapped markets and strengthen their user affinity.
Marketing science from the research center; The Ehrenberg-Bass Institute, reliably signified that the best way for brands to grow is by getting new users on board. Hence, brands need to reach and appeal to more people in the market, particularly those who are competitors’ buyers.
TikTok is a platform that is principally driven by an algorithm, unlike other social networks that are modeled by followers, so accounts without many followers can quickly gain traction if the content they create is interesting to the masses. Hence, it is advisable to connect with our TikTok influencer marketing strategists to find the right influencer for your campaign.
In 2024, the United Arab Emirates (UAE) and Saudi Arabia have the highest TikTok reach, with approximately 140% of their populations aged 18 and older using the platform. This translates to 68.6% overall adult reach for the UAE and 78.3% for Saudi Arabia (According to Statista).
As per DataReportal, TikTok had 10.73 million users aged 18 and above in the United Arab Emirates in early 2024.
Now, that we know the significance of the TikTok platform, let us understand who precisely are the Top TikTokers in the UAE.
Who are TikTok influencers in Dubai, UAE?
TikTok is an addictive user-friendly platform, implying audiences stay using this network for a long time. Top TikTok influencers in the MENA and Gulf region are one of the major reasons behind this. They post frequently on their TikTok account and thereby have gained massive popularity. They share short-form videos spanning various arenas, like; entertainment, food, fitness, comedy, dance, beauty, health, lifestyle, and more. Moreover these top influencers have a strong connections with influencer marketing agency in Dubai to get premium brand collaborations.
Furthermore, the most followed TikTokers in United Arab Emirates change consumer behaviour, shape trends and ultimately build digital communities. Now let us move on to the most authentic list of TikTok Instagrammers in the Middle East.
List of Top TikTok Influencers in Dubai, UAE
1. Ghaith Marwan
USP: Ghaith Marwan keeps communications lively and fun with challenges by using prevalent TikTok trends, and memes.
About the Best TikTok Influencer in Dubai: Ghaith Marwan, shares cherished and downright fun experiences on his TikTok account. The top TikTok creator was awarded the Kids Choice Award in 2023 and the YouTube Trailblazer Award in 2022.
He covers a wide range of topics, like; interviews and vlogs on fashion and travel. He has promoted various restaurants. He also raised awareness about social matters and advocated for righteousness.
2. Sara Alwari
USP: Drives luxurious cars to travel across the Middle East and embrace the traditions of diverse cultures.
About the Best TikTok Influencer in Dubai: Here we have wonderful Sara Alwari, a 23-year-old clinical nutritionist thriving on TikTok! She provides enjoyable narratives in her daily life. Her content rolls around from modeling, food, makeup, pranks, encounters, exercise staples, and traveling. She is also a certified personal trainer. She married prevalent Syrian TikToker Ghaith Marwan in 2023.
3. Nora and Khalid
USP: They blend cultural education with enjoyable content, making them relatable and engaging for an extensive audience.
About the Best TikTok Influencer in the UAE: Nora and Khalid provide a beautiful combination
of diverse cultures, as Nora Achmaoui, is Moroccan born and raised in Germany, and Khalid, is from Palestine. Their content reflects the love for adventure, home décor, entrepreneurship and fashion. Nora Achmaoui is also a business expert, author, coach, and speaker who talks about social issues. The top Emirati TikTokers have worked with Fenty Beauty, JW Anderson, Versace, Lacoste, Nissan, etc. The couple engages in many activities like; cooking, attending celebrations and exclusive events, and pranking each other.
4. Mohammad Hindash
USP: His gift of creating styles that are both high-fashion and easy to attain, combining artistic skills with exhaustive knowledge of beauty trends makes him stand out.
About the TikTok star in Dubai: Mohammed Hindash is an award-winning Jordanian-Palestinian makeup artist, entrepreneur and TikTok influencer in Dubai, United Arab Emirates. He is well-known for publishing cosmetic product reviews and tutorials on his MHindash channel. His content is inspired by the comic books he read throughout his teenage years. He creates beauty portraits while studying at the Visual Communication - Studio Art, American University in Dubai. He won the Sheikha Manal Young Artist Award for Fine Arts. His work has been represented in over 20 gallery exhibitions, including the SIKKA Art Fair. He has creative and state-of-the-art thinking in cosmetics. He has worked with brands like MAC Cosmetic Middle East, Chanel, Charlotte Tilbury, Fenty Beauty, etc.
5. Sherin Amara
USP: she is famous for her dance concerts and lip-syncs
About the TikTok influencer in the GCC: Sherin Ammara is a Syrian-born content creator who has efficaciously established herself in the beauty, make-up, and lifestyle industry. Her posts include; challenges, beauty tutorials, unboxing diverse beauty and fashion products, dance performances, lip-syncs, and comedy videos. She has collaborated with well-known brands like; Makeup Forever and Sephora.
6. Shahad Hassan
USP: Shahad Hassan is known for providing makeup looks using reasonably priced products.
About the TikTok influencer: Shahad Hassan, born on 11 July 1996 in Sweden is one of the top TikTok influencers in Dubai, who shares videos about beauty, lifestyle, family, challenges, food, etc. She shares content studio sessions, represents diverse outfits, and provides makeup looks using reasonably priced products. She promotes discounts and offers on numerous brands, encouraging her followers to take benefit of special deals. She created her YouTube channel on September 16, 2018. She has collaborated with brands like; She glam official & Nyx cosmetics Arabia. She unambiguously outshines at hijab-style fashion. She has a high engagement rate on TikTok 4.97%.
7. Aliona and Yazan
USP: Very high engagement rate.
About the TikTok influencer: Aliona and Yazan are some of the best Emirati TikTokers. Aliona is a public speaker and writer of "The Self-Powered Life" and an enthusiastic Political science student. Yazan is a civil engineer who bagged numerous managerial certifications. Both of them, have a strong influence on both female and male audiences (72% Females and 27% Males) and have collaborated with Ralph Lauren, Dove, Dyson Arabia, YSL Beauty, Baruni Fashion, Dee Closet, Huawei, etc. The top TikTokers in Dubai make public appearances at exclusive events, representing numerous designer outfits. The brand Aliona Cosmetics is their pride She has a very high engagement rate of around 8.93%.
8. Sherin Ammara
USP: Sherin Ammara is a Makeup pundit!
About the Emirati Influencer: Sherin Ammara is a fashion and beauty TikTok influencer known for her unique outfits and dashing makeup looks. She shares beauty tutorials, vlogs on latest fashion trends as well as provide great product recommendations. She collaborated with brands like; L'Oreal Paris, La Roche-Posay, Sephora Middle East, Nyx Cosmetics Arabia, etc. They epitomize an extraordinary talent for making short films. Moreover, her high engagement is astounding of 7.04%.
Conclusion:
The biggest influencers on TikTok in GCC have become good cohorts for brands that are seeking increased awareness, credibility, sales, and ROI.
Within the UAE bionetwork and around, we custom-build TikTok influencer marketing campaigns that match the right maneuvers with the right storytellers to achieve the highest ROI. We are a full-cycle influencer marketing agency producing meaningful stories, purposeful engagements, experiences, and strategic content. With our exclusive, professional, and enduring influencer marketing expertise, we create the most candid influences to deliver the results you desire.
#Top tiktokers in Dubai#Top Tiktokers in UAE#Top Tiktok influencers in Dubai#Top tiktok influencers in UAE
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The Future of Travel: How Saudi Arabia’s Car Rental Market is Transforming Mobility
Market Overview
In 2024, the size of the Saudi Arabian car rental industry will produce a projected revenue of USD 2,821.4 million in 2024 and is forecasted to experience a CAGR of 9.6% over the projection period, attaining USD 4,886.8 million by the end of the decade. The rising populace, growing interest in tourism, and rising income levels are some of the factors contributing to the popularity of car rental in Saudi Arabia.
One of the key reasons for swaying the industry is the addition of enhanced technologies to reach clientele throughout the kingdom. Companies are utilizing digital channels to interact with customers, where they offer the ability to book a car via their online applications. They can also get feedback from customers, which will aid them in advancing their services. Moreover, growth in the Internet of things (IoT) and vehicle connectivity technology are allowing businesses to provide smart rental solutions.
One key reason fuelling the industry is the growing tourism in this kingdom. For example, in 2023, as per the UN Tourism, Saudi Arabia welcomed over 100 million tourists and marked a substantial milestone in its journey to become a worldwide tourism center. As tourists demand flexible and dependable modes of transport for exploring the nation, such rental services are becoming a better choice, as they are reasonable and convenient. Additionally, the government is encouraging tourism by focusing on increasing infrastructure and growing investments in constructing resorts, hotels, theme parks, and museums.
Key Insights
In 2024, budget-friendly cars are projected to lead the industry with a 65% share because of augmented tourism.
Tourism development of 10% in Q1 2024 in Saudi Arabia contributes to the popularity of budget-friendly cars.
Lesser maintenance and functioning prices make budget-friendly cars attractive to customers.
Online booking platforms hold an 80% industry share and are increasing at a CAGR of 10.0%.
Convenience and cost comparison are major reasons propelling the shift towards online booking channels.
Short-term renting grips 70% of the industry share, providing flexibility for local customers and tourists.
The business trips category grips a 55% industry share, propelled by augmented business activities in Saudi Arabia.
Internal combustion engine cars led the industry because of easier maintenance and fuelling infrastructure.
In 2024, compact cars dominate the industry share, favored for their ease of operation and cost-effectiveness.
Al Riyadh holds a 35% market share in the Saudi Arabian car rental market, driven by tourism and business demand.
Technological developments and a strong tourism presence contribute to the growth of car rental services in Al-Riyadh.
Business travelers, tourists, and corporate workers seek efficient transportation solutions, fueling the demand for rental cars.
Source: P&S Intelligence
#Saudi Arabia Car Rental Market Share#Saudi Arabia Car Rental Market Size#Saudi Arabia Car Rental Market Growth#Saudi Arabia Car Rental Market Applications#Saudi Arabia Car Rental Market Trends
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Automotive Fascia Market: Impact Growth, Forecast, Research 2024-2032
The Reports and Insights, a leading market research company, has recently releases report titled “Automotive Fascia Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2031.” The study provides a detailed analysis of the industry, including the global Automotive Fascia Market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
Report Highlights:
How big is the Automotive Fascia Market?
The global automotive fascia market size was US$ 22.3 Billion in 2022. The global automotive fascia market is expected to register a revenue CAGR of 6.5% during the forecast period and reach a market size of US$ 39.3 Bn in 2031.
What are Automotive Fascia?
An automotive fascia is the front or rear section of a vehicle designed to enhance its appearance and aerodynamics. It usually incorporates parts like the bumper, grille, headlights, and trim pieces into a cohesive and attractive surface. Constructed from materials such as plastic, metal, or composites, the fascia also serves practical functions, including absorbing impact in minor collisions and housing sensors and other essential technological features found in modern vehicles.
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What are the growth prospects and trends in the Automotive Fascia industry?
The automotive fascia market growth is driven by various factors and trends. The automotive fascia market is a dynamic and expanding sector, fueled by advancements in vehicle design, increased demand for visually appealing and aerodynamically efficient vehicles, and the integration of cutting-edge technologies. Market growth is driven by factors such as rising vehicle production, consumer preferences for lightweight and durable materials, and stringent safety regulations. Innovations in materials, like high-performance plastics and composites, are improving the functionality and design potential of automotive fascias. Key industry players are focusing on research and development to provide customized and advanced fascia solutions, meeting the evolving demands of the automotive industry. Hence, all these factors contribute to automotive fascia market growth.
What is included in market segmentation?
The report has segmented the market into the following categories:
By Product Type:
Standard Fascia
Illuminated Fascia
Sports Fascia
Luxury Fascia
Others
Material Type:
Plastic
Metal
Composites
Others
Technology:
Passive Safety Systems
Active Safety Systems
Advanced Driver Assistance Systems (ADAS)
Connectivity and Integrated Electronics
Others
Vehicle Type:
Passenger Cars
Light Commercial Vehicles (LCVs)
Heavy Commercial Vehicles (HCVs)
Electric Vehicles (EVs)
Others
Sales Channel:
Original Equipment Manufacturers (OEMs)
Aftermarket
Segmentation By Region:
North America:
United States
Canada
Europe:
Germany
The U.K.
France
Spain
Italy
Russia
Poland
BENELUX
NORDIC
Rest of Europe
Asia Pacific:
China
Japan
India
South Korea
ASEAN
Australia & New Zealand
Rest of Asia Pacific
Latin America:
Brazil
Mexico
Argentina
Middle East & Africa:
Saudi Arabia
South Africa
United Arab Emirates
Israel
Who are the key players operating in the industry?
The report covers the major market players including:
Magna International Inc.
Samvardhana Motherson Group
Faurecia
Plastic Omnium
Flex-N-Gate Corporation
Montaplast GmbH
Compagnie Plastic Omnium
Hanwha Advanced Materials Corporation
Yanfeng Global Automotive Interiors
SRG Global
Toyoda Gosei Co., Ltd.
View Full Report: https://www.reportsandinsights.com/report/Automotive Fascia-market
If you require any specific information that is not covered currently within the scope of the report, we will provide the same as a part of the customization.
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Reports and Insights consistently mееt international benchmarks in the market research industry and maintain a kееn focus on providing only the highest quality of reports and analysis outlooks across markets, industries, domains, sectors, and verticals. We have bееn catering to varying market nееds and do not compromise on quality and research efforts in our objective to deliver only the very best to our clients globally.
Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.
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Connected Car Solutions Market Analysis 2023 Dynamics, Players, Type, Applications, Trends, Regional Segmented, Outlook & Forecast till 2032
The competitive analysis of the Connected Car Solutions and this report typically encompasses a structured presentation of findings derived from systematic investigation. It begins with an introduction that outlines the research objectives and scope. The methodology section details the approaches used for data collection and analysis. The report then provides a comprehensive overview of the market, incorporating size, segmentation, and key players. Findings, derived from thorough data analysis, illuminate market trends, consumer behavior, and competitive landscapes. Analysis and interpretation sections delve into the implications of the results, offering valuable insights. Recommendations based on these insights guide strategic decision-making for businesses. The report concludes by summarizing key points and often includes supplementary materials in the form of an appendix. This comprehensive document serves as a vital tool for companies seeking actionable intelligence to drive informed strategies and achieve success in dynamic markets.
Key Elements:
Introduction:
Background and context.
Objectives of the research.
Scope and limitations.
Methodology:
Research design.
Data collection methods (surveys, interviews, etc.).
Sampling techniques.
Data analysis methods.
Market Overview:
Definition and segmentation of the market.
Size and growth trends.
Key players and their market shares.
Industry Analysis:
Competitive landscape.
Regulatory environment.
Technological trends.
SWOT analysis.
Consumer Behavior:
Buying patterns.
Preferences and attitudes.
Factors influencing purchasing decisions.
Demand Analysis:
Factors affecting demand.
Market drivers.
Demand forecasting.
Supply Analysis:
Supply chain overview.
Key suppliers.
Production capacity.
Market Dynamics:
Key trends and developments.
Opportunities and challenges.
PESTEL analysis (Political, Economic, Social, Technological, Environmental, Legal).
Conclusion and Recommendations:
Summary of findings.
Implications for stakeholders.
Recommendations for decision-making.
Demand and Supply:
Demand:
Understanding customer needs and preferences.
Assessing the potential market size.
Analyzing factors influencing customer purchasing decisions.
Identifying growth opportunities and market gaps.
Supply:
Evaluating the capabilities of existing suppliers.
Assessing production capacity and capabilities.
Analyzing the competitiveness of the supply chain.
Identifying potential challenges in the supply of goods or services.
Receive the FREE Sample Report of Connected Car Solutions Market Research Insights @ https://stringentdatalytics.com/sample-request/connected-car-solutions-market/12445/
Market Segmentations:
Global Connected Car Solutions Market: By Company • Alcatel-Lucent • At&T Inc. • General Motors • Google, Inc • NXP Semiconductors • Apple, Inc. • Audi AG Global Connected Car Solutions Market: By Type • V2V • V2I • V2P Global Connected Car Solutions Market: By Application • BEV • HEV • PHEV • FCV
Regional Analysis of Global Connected Car Solutions Market
All the regional segmentation has been studied based on recent and future trends, and the market is forecasted throughout the prediction period. The countries covered in the regional analysis of the Global Connected Car Solutions market report are U.S., Canada, and Mexico in North America, Germany, France, U.K., Russia, Italy, Spain, Turkey, Netherlands, Switzerland, Belgium, and Rest of Europe in Europe, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, China, Japan, India, South Korea, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), and Argentina, Brazil, and Rest of South America as part of South America.
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Car Rental Market: Trends, Players, and Opportunities
The car rental market has been a significant contributor to the global automotive industry, providing consumers with the flexibility and convenience of accessing vehicles on-demand. As a market research company, we have closely analyzed the trends, key players, and future outlook of this dynamic market.
Car Rental Market Size, Share, and Growth
The global car rental market was valued at $92.1 billion in 2023 and is expected to grow at a compound annual growth rate (CAGR) of 8.7% from 2024 to 2027, reaching $124.5 billion by 2027. This growth is driven by factors such as the recovery of the tourism industry, the rise of online booking platforms, and the increasing demand for eco-friendly and luxury rental options.
Market Trends
Technological Advancements: The car rental market is witnessing a surge in technological innovations, such as the integration of artificial intelligence, autonomous driving, and connected car features, to enhance the customer experience and operational efficiency.
Shift towards Eco-Friendly and Luxury Rentals: Consumers are increasingly demanding more sustainable and premium rental options, leading to the growth of electric vehicle (EV) and luxury car rentals.
Expansion of Online Booking Platforms: The car rental industry has seen a significant shift towards online booking platforms, providing consumers with greater convenience and transparency in the rental process.
Emergence of Car Sharing and Subscription Services: The rise of car-sharing and subscription-based rental models is disrupting the traditional car rental industry, offering consumers more flexible and on-demand access to vehicles.
Car Rental Market Key Players and Market Share
Enterprise Rent-A-Car: The American car rental company is the market leader, with a significant market share of around 20%.
Hertz Global Holdings: The American car rental company is another major player, with a market share of approximately 15%.
Avis Budget Group: The American car Rental Company holds a market share of around 10%.
Sixt SE: The German car rental company has a market share of approximately 8%.
Europcar Mobility Group: The French car Rental Company has a market share of around 6%.
Market Challenges and Opportunities
Regulatory Changes and Environmental Sustainability: The car rental industry faces challenges in adapting to stricter environmental regulations and meeting the growing demand for eco-friendly rental options.
Competition from Ride-Hailing and Car-Sharing Services: The rise of on-demand transportation services, such as Uber and Lyft, poses a significant challenge to traditional car rental companies.
Fluctuations in Vehicle Prices: The volatility in the prices of vehicles can impact the profitability and pricing strategies of car rental companies.
Emerging Markets: The growing demand for car rentals in emerging markets, such as India, Saudi Arabia, and Singapore, presents significant growth opportunities for market players.
Luxury and Premium Rentals: The increasing demand for luxury and premium rental options, driven by the rise of high-net-worth individuals and corporate travelers, offers a promising avenue for growth.
Conclusion The car rental market is poised for continued growth, driven by technological advancements, the shift towards eco-friendly and luxury rentals, and the expansion of online booking platforms. While the industry faces challenges such as regulatory changes, competition from ride-hailing services, and fluctuations in vehicle prices, the emerging markets and the growing demand for premium rental options present significant opportunities for market players. To succeed in this dynamic market, car rental companies must focus on innovation, sustainability, and strategic partnerships to stay ahead of the curve.
#car rental market#car rental market Analysis#car rental industry#Luxury car rental market#car rental market report#car rental market share#car rental market size
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Connected Cars Market Opportunities, Challenges, Strategies and Forecasts by 2031
The “Connected Cars Market Share, Size, and Trends | 2031” is market research by The Insight Partners. The Connected Cars market has perceived tides of change in the recent past. This study offers precise projections after detailed scrutiny of a range of factors impacting the business. Considering the present market scenario, this report brings forward correct predictions on revenue, market size, and CAGR of the Connected Cars market. The novel market research which is based on a fact-based foundation is now accessible for purchase. This report can make a variance in wide decision-making and drive business forward in the right direction.
Business is no longer a game of instincts when it comes to capitalizing on new production lines. In a highly competitive Connected Cars market, companies may face several challenges. Having trusted market research is always endorsed for both veteran and new entrants. Connected Cars Market report presents a thorough analysis of local, regional, and global market scenarios through the following details.
Report Attributes
Details
Segmental Coverage
By Type
4G/LTE
3G
2G
Bluetooth and others
Others
Geography
Navigation
Telematics and Infotainment
Others
Regional and Country Coverage
North America
US
Canada
Mexico
Europe
UK
Germany
France
Russia
Italy
Rest of Europe
Asia Pacific
China
India
Japan
Australia
Rest of APAC
South / South & Central America
Brazil
Argentina
Rest of South/South & Central America
Middle East & Africa
South Africa
Saudi Arabia
UAE
Rest of MEA
Market Leaders and Key Company Profiles
Google Inc., Tesla, Inc., AUDI AG, BMW AG, Volvo Car Corporation, Robert Bosch GmbH, Delphi Automotive LLP, DENSO CORPORATION, AT&T Inc., Vodafone Group PLC. , and other key companies
Competitive Landscape
Knowing the state of rivals is a strategically right move to outperform them. This report is the right place to explore key strategies, developments, and recent launches by key Connected Cars market players. This report emphasizes an analysis of business strategies and expected growth opportunities for brands.
Key Coverings:
Current and Future Market Estimates- Connected Cars Market Share, CAGR, and Forecast | 2031
Market Dynamics – Drivers, Challenges, Regional Trends, and Market Opportunities
Market Segmentation – Product, Application, End-use Industries, and Regional Growth Prospects.
Competition Matrix – Key Market Players and Strategies
Recent Developments and Innovation Contributing Market Growth
Need a Customized Market Research Report?
You can always share any specific requirements that you have, and our team will adjust the scope of research offerings as per your needs.
The following are some customizations our clients frequently ask for:
The Connected Cars market report can be customized based on specific regions/countries as per the intention of the business
The report production was facilitated as per the need and following the expected time frame
Insights and chapters tailored as per your requirements.
Depending on the preferences we may also accommodate changes in the current scope.
Key Questions Addressed in the Connected Cars Market Research Include:
What are present Connected Cars market values, and what can be expected in the upcoming decade?
What are the key segments in the Connected Cars market?
What is the regional distribution of the Connected Cars market report?
What are the key players and their recent strategies?
What are the key factors driving Connected Cars market growth?
What are regulatory concerns and requirements businesses have to compel?
Author’s Bio:
Shital Wagh
Senior Market Research Expert at The Insight Partners
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Cloud Capital
FINANCE AND COMMERCE
According to some commentators, wealth, having moved from the feudal period, when the emphasis was on land ownership and wealth from this ownership was provided by rents in various forms and servitude to the lords of the manors, to the capitalist period when the emphasis was on industrial production and the means of production, profit, the buying and selling of shares and capital in companies, buying and selling of goods in markets, the provision of wages, economies of scale and addition of benefit, to the period where we are quickly moving into, that of cloud capitalism, which, in fact is less of a capitalist system and more of a return to feudalism.
Some defining attributes of this new economic model is that the oligarchs who control it tend to produce nothing of huge physical significance (for example goods) themselves but charge fees in the form of rents and or subscriptions for the use of their virtual services. The real estate is virtual and takes the form of platforms or virtual marketplaces.
The seller fees that, for example, Amazon charge are referral fees (introduction of a buyer to a seller), seller account fees and shipping/fulfilment fees. There can be other optional charges for product storage, advertising & promotion, financing. Amazon have buyer/subscriber fees also, such as Amazon Prime which ensures quicker and usually free delivery, and ancillary subscription based services such as music and film streaming services.
The different operating models of vehicle producing companies such as Tesla and Volkswagen highlight the main differences between traditional capitalist and cloud capital enterprises.
Volkswagen is built on a heavily capitalised business producing profitable products and services. Investment is private and public and designed to give investors a return on the capital they provide. Public companies' shares are bought and sold in international trading houses providing opportunities for capital to invest and provide income. Buyers are largely asked to purchase goods and services at point of sale through cash or finance (loans and or leasing plans).
Tesla customers 'invest' in the business by placing a deposit or committing to a finance scheme. Buying into the Tesla brand gives some benefits to the user such as dedicated charging stations when on a journey. The Tesla car is almost like a computer on wheels with enhanced features such as automatic navigation and hands free driving. The emphasis is on the software rather than the hardware: electric vehicles are much more simple that traditional internal combustion engined ones. In Tesla cars, their connectivity is constant.
Running in parallel with this is cryptocurrency, the possibility of purely digital banks and complete extinction of bricks and mortar banks and building societies, and possibly stock markets, the potential of AI to replace many occupations, the removal of the wage earning job and certainly the 9-5.
There are also anxieties around how the above developments will affect the individual and society, and insecurities surrounding global health, food security, energy security, the effects of climate change and political, economic and military upheavals with associated massive scale migration.
WARFARE
Access to technology and the monopolisation and control of information technology can lend huge leverage in conflict situations. During WWII, Britain realised that the Luftwaffe were utilising radio navigation for night bombing missions. Until their blitzkrieg on Britain ended when they launched Operation Barbarossa, British military intelligence and the Air Ministry devised means of jamming and 'bending' these signals causing the bombing missions to miss their intended targets.
The modern equivalent is SatNav, an American development. During the military operations in Kuwait, Saudi Arabia and Iraq in the early 1990s, the Pentagon managed to tweak SatNav technology to provide accuracy to within 3 metres. This provided the US and allied forces with enormous advantages in military planning of the initial and subsequent conflicts in the middle east. Saddam's regime did try to jam some GPS signals but the US destroyed the jamming apparatus. GPS provided a huge advantage over previous surveillance systems such as radar and visual observation and being a largely American technology, gives them huge advantage over any potential adversaries. Enemy movements could now be accurately assessed, precision given to weapons' targeting and avoidance of friendly fire was enhanced. Saddam's fibre cable network which operated outside of GPS and was used to control his missile arsenal was sabotaged by the coalition forces. As a result of this, other countries have been developing their own GPS systems: India developed a regional system called NavIC. Russia has GLONASS, which, with China's BEIDOU, comes closest to the US SatNav system as does the European Union's GALILEO system. Japan has QZSS which requires development but has the promise of reaching SatNav functionality as it develops.
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Middle East and Africa LiDAR Market Demand, Insight, Report 2022-2029
BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, estimated the Middle East and Africa LiDAR Market size at USD 57.72 million in 2022. During the forecast period between 2023 and 2029, BlueWeave expects Middle East and Africa LiDAR Market size to grow at a significant CAGR of 15.83% reaching a value of USD 139.39 million by 2029. Major growth drivers for the Middle East and Africa LiDAR Market include the growing interest in self-driving cars and electric vehicles (EVs). LiDAR sensors are crucial for these technologies, facilitating 3D mapping and precise object detection. Economic growth and the emergence of a middle-class consumer base are driving increased automotive sales in the region, with Saudi Arabia boasting the largest market, selling about 800,000 new cars annually, along with an equal number of used cars. The United Arab Emirates is making strides in the connected car sector, while Saudi Arabia is actively investing in modern defense and infrastructure technologies, further boosting the LiDAR market's growth prospects.
Middle East and Africa LiDAR Market – Overview
The Middle East and Africa LiDAR market refers to the business and industry activities related to Light Detection and Ranging (LiDAR) technology within the regions of the Middle East and Africa. LiDAR is a remote sensing technology that uses laser light to measure distances and create detailed 3D representations of the surveyed area or objects. In the context of the Middle East and Africa, the LiDAR market includes various applications of this technology across different sectors, such as: geospatial mapping, environmental monitoring, urban planning, infrastructural development, and transportation and autonomous vehicles.
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Impact of COVID-19 on Middle East and Africa LiDAR Market
COVID-19 pandemic adversely affected the Middle East and Africa LiDAR market. Lockdowns, supply chain disruptions, and economic uncertainties temporarily slowed market growth. However, the need for accurate mapping and monitoring in various applications, including urban planning and infrastructure development, persisted. As economies recovered and adapted to the new normal, LiDAR technology played a pivotal role in enhancing efficiency and safety in industries like construction, agriculture, and autonomous vehicles. This adaptation, coupled with increased investment in technology, drove the Middle East and Africa LiDAR market's resurgence and growth in the post-pandemic era.
Middle East and Africa LiDAR Market – By Deployment
By deployment, the Middle East and Africa LiDAR market is bifurcated into Ground-based and Airborne segments. The airborne segment holds a higher share in the Middle East and Africa LiDAR market by deployment. The predominance of the airborne segment in the MEA LiDAR market can be attributed to the escalating demand for LiDAR-equipped drones, which are revolutionizing the surveying industry by surpassing the limitations of traditional photogrammetry. These drones are lauded for their efficiency in data collection and processing. Moreover, drone-based LiDAR, favored for its cost-effectiveness and time-saving benefits, plays a significant role in archaeological investigations, mining planning, and transportation initiatives. Innovations in LiDAR drone technology are further bolstering its adoption in mining, offering improved reliability and efficiency, making it a standout choice for various applications across the Middle East and Africa.
Competitive Landscape
Major players operating in the Middle East and Africa LiDAR market include Leica Geosystems Ag, Neptec Technologies Corp, Innoviz Technologies Ltd, Sick AG, Trimble Inc, Faro Technologies Inc., Lightware LiDAR, Falcon-3D, Mena 3D, and Globalscan Technologies LLC. To further enhance their market share, these companies employ various strategies, including mergers and acquisitions, partnerships, joint ventures, license agreements, and new product launches.
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Automotive Diagnostic Scan Tools Market Global Demand Analysis & Opportunity Outlook 2033
Research Nester published a report titled “Automotive Diagnostic Scan Tools Market: Global Demand Analysis & Opportunity Outlook 2033” which delivers detailed overview of the global automotive diagnostic scan tools market in terms of market segmentation by product type, by equipment type, by connectivity, by vehicle type, and by region.
Further, for the in-depth analysis, the report encompasses the industry growth indicators, restraints, supply and demand risk, along with detailed discussion on current and future market trends that are associated with the growth of the market.
The global automotive diagnostic scan tools market is anticipated to grow with a CAGR of ~7% during the forecast period, i.e., 2023-2033. The market is segmented by vehicle type into passenger vehicles and commercial vehicles. Out of these segments, the passenger segment is anticipated to garner the largest market share over the forecast period, owing to the increasing production of passenger vehicles. In addition, increasing penetration of passenger cars among populace is also expected to boost the growth of the segment in the coming years.
The global automotive diagnostic scan tools market is estimated to garner a revenue of ~USD 70 billion by the end of 2033, backed by the increasing number of cars worldwide. Various features provided by automotive diagnostic scan tools, including fault detection through the diagnosis of vehicle control modules and are also projected to boost sales of these tools in the coming years. Moreover, increasing use of handheld diagnostic scanners as well as increasing penetration of commercial vehicles is also projected to propel the growth of the market during the forecast period.
Geographically, the global automotive diagnostic scan tools market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region. Out of these, the market in Asia Pacific is estimated to garner the largest market share over the forecast period, owing to the rising production of vehicles. Apart from this, the market in Europe is anticipated to register significant growth in the coming years.
The research is global in nature and covers detailed analysis on the market in North America (U.S., Canada), Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC [Finland, Sweden, Norway, Denmark], Poland, Turkey, Russia, Rest of Europe), Latin America (Brazil, Mexico, Argentina, Rest of Latin America), Asia-Pacific (China, India, Japan, South Korea, Indonesia, Singapore, Malaysia, Australia, New Zealand, Rest of Asia-Pacific), Middle East and Africa (Israel, GCC [Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman], North Africa, South Africa, Rest of Middle East and Africa). In addition, analysis comprising market size, Y-O-Y growth & opportunity analysis, market players’ competitive study, investment opportunities, demand for future outlook etc. has also been covered and displayed in the research report.
Increasing Research and Development (R&D) to Drive the Market Growth
According to the data, the global R&D spending in the automobile sector was estimated more than USD 136 billion in 2020.
The increasing R&D spending is expected to accelerate the market growth in the coming years, as R&D investment by automakers can fulfill various consumer demands for more innovated product, tools and technologies which will result into better performance, improved safety, higher emission standards, and lower costs. Moreover, the increasing technological advancements as well as the increasing measures to reduce NOX emission are also expected to drive the growth of the global automotive diagnostic scan tools market during the forecast period.
However, the low awareness regarding the benefits of automotive diagnostic scan tools in the populace and high cost of technology are expected to operate as key restraints to the growth of global automotive diagnostic scan tools market over the forecast period.
This report also provides the existing competitive scenario of some of the key players of the of global automotive diagnostic scan tools market which includes company profiling of Actia Group SA, Robert Bosch GmbH, Autel Intelligent Technology Corp., Ltd., Continental AG, Daimler AG, Delphi Automotive PLC, Denso Corporation, Volkswagen AG, and Volvo Group, Honda Motor Company. The profiling enfolds key information of the companies which encompasses business overview, products and services, key financials and recent news and developments. On the whole, the report depicts detailed overview of the of global automotive diagnostic scan tools market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.
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Future Outlook of KSA Automotive Industry: Ken Research
KSA Automotive Industry: Overview & Ecosystem
Kingdom of Saudi Arabia, currently enjoys a strategic position in terms of geography & development of industries with growing economy & improving trade participation in the world. Their automotive industry provides opportunity of high growth with the absence of domestic manufacturing & core dependence on imports for domestic vehicle needs. However, rapid digitization along with various government incentives are set to change the gears of development in the coming years.
KSA is looking forward to develop domestic manufacturing & exporting capabilities for South Africa & other African & gulf nations with stronger tax & driving policies, development of industrial hubs, efficient bilateral relationships & allies, technological competence & its enhancement.
Saudi Arabia Imports & Sales Industry
KSA Automotive industry imports& export volume for automotive vehicles is majorly driven by International OEMS from countries like USA, Japan, Korea, Germany, China & India. The overall ecosystem of KSA automotive industry includes global auto manufacturers like Toyota, Mazda, Hyundai & more, along with many sports & luxury car manufacturers. They are facilitated by local dealers & agents as there is a lack of domestic assembling & major vehicle needs are currently fulfilled via imports.
Largest importing country in terms of vehicles is Japan, home to Toyota, which amounts to the biggest share of vehicle sales in KSA. USA, Korea & china along with Germany, Thailand & India are the other major countries who imports vehicles in KSA. The development of various ports on east & west coast provides ease of importing & connected road network with other gulf countries, helps in providing cross country movements as well Sales & distributing efforts are undertaken by local trading partners in KSA like Abdul Latif Jameel (Toyota), Mohammad Yusuf Naghi (Hyundai) & more, who utilizes their local networks to provide the effeciency & optimization in sales.
Marker segmentation of KSA automotive industry explains the geographical consistency across the country. It was witnessed that Central, Eastern and western region of KSA dominate the market with more than 80% share of sales and are majorly driven by cities like Riyadh, Jeddah, Dammam and Medina/Makkah.
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KSA Automotive Aftermarket Spare Parts & Service Industry
KSA Automotive spare parts industry is largely dominated by small retailers selling parts across the country. It was witnessed that there are ~7,000 small retailers in the country with majority of them situated around Jeddah, Dammam & Makkah/Medina.
In terms of car workshops, organized players cater to tier 1 & 2 cities, while other areas are dominated by local & unorganized crash repair & other service providers Value chain & busieness models further provides analysis of various entities available in the market & defines their roles, sourcing habits, retail & dealership networks along with revenue sharing & earning models/pathways & specifies margins at various intervals along with growth potential & strategic ways of diversifying into new business streams.
The Market size of KSA Spare Parts market grew by a CAGR of ~11% for 2014-2019, helping the market grow ~1.7X. It was also witnessed that imports made up more than 50% of the market in terms of volume. With increased ownership period and advanced used to new car ration of 2:1, total car parc in KSA is set to grow a north of 12 mn by the end of 2021.
KSA government is also making genuine efforts to kick start the domestic manufacturing process to include further entities in the ecosystem and sustain the current manufacturers as well to provide them various incentives to grow operations Import & Export analysis of the automotive industry in KSA gives a higher-level idea regarding the annual throughputs at all the major ports, identifies the major commercial hubs & areas of importance while indulging in to international trade.
Key Segments Covered:
KSA Imports & Sales Industry (Distributors & Dealerships)
Import & Export Analysis
Competition Analysis of Major OEM Brands
Future Trends & Developments & Growth Factors
KSA Automotive Aftermarket Spare Parts & Service Industry
Spare parts Industry
Aftermarket Service Industry
Competition Analysis of Major Players via Cross Comparisons & Heat Maps
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KSA Automotive Leasing & Rental Industry
KSA Rental Industry (Market Size, Competition & Segmentation)
KSA Leasing Industry (Market Size, Competition & Segmentation)
Impact of Covid-19 on KSA Automotive Industry
Impact of Covid 19 on KSA Automotive Industry
Mobility Industry looks forward to Utilize Digital Platforms
Post Covid KSA Automotive Industry Outlook
Technology Adoption & Usage Trends in KSA Automotive Industry
Overview of Industry
KSA Automotive Technology Trends, Adoption & Recommendations
Key Target Audience
KSA Car Dealerships
KSA Automotive Industry
KSA Automotive Workshops
KSA Spare Parts Retailers
KSA Automotive Logistic Service Providers
KSA Car Rental Players
KSA Car Leasing Players
KSA ERP Service Providers
KSA Technology Consultants
KSA Foreign Relation Ministry
KSA Customs Department
KSA Ports Authority
KSA Automotive Industry
KSA Imports & Export Authority
KSA Hardware Technology Manufacturers
KSA Software Technology Manufacturers
KSA Cloud Storage Providing Enterprises
KSA Public Institutions
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Time Period Captured in the Report:
Historical Period: 2014-2019
Forecast Period: 2019-2025
Companies Mentioned:
Importers/Car Dealership
Abdul Latif Jameel Motors
Almajdouie Automotive
Wallan Trading Co.
Mohamed Yousuf Naghi Motors
Haji Husain Alireza & Co.
(Mazda, MAN, Aston Martin)
Nissan Petromin
Manahil International
Aljomaih Automotive Company
Universal Motors Agencies
Kia Al Jabr
Al Yemni Motors
Alissa Universal Motors Co.
Bakhashab Brothers Co.
Alesayi Motor Company
Al Jazirah Vehicles Agency
Juffali Automotive Company
Spare Part Retailers/Wholesalers
Balubaid
Barik International
Babatin Auto Parts
Speero
Juffali Auto Parts Company (JAPCO)
Samaco
M S Almeshri & Bros Co.
AL-OLIAH Auto Spare Parts
Delmon Group of Companies
SNAM
Ubuy
Munif Al Nahdi Group (Mize)
Odiggo
Accidom
Bawazeer Auto Parts
Bin sahib
AHQ Parts
Danya Auto Parts
Rezayat Automotive
Saudi Parts Center Company (Al Khorayef Group)
Aftermarket Service Providers
Branded Workshops
AutoFix
SAC Motor
Castrol
BEC (Best Engine Centre)
Sheikh Center (SKBMW)
Abu Jihad Car Maintenance Center
Ac Delco Service Centres
Tyre Plus
3M Authorized Centre
Mize
AdinLub
Car Spa
Car Hub
Ezhalha
Petromin Express
Auto Hub
Exxon Mobil
Autoworld
Castrol Branded Workshops
Shell Fastlube
Fuchs One
NAFT
Ziebart
Grease Monkey
Quick Car Service
Morni
Agency Repair
Samaco
United Motors Express Service Lane
Al Jazeera
Renault
Kia Motors
Fast Auto Technic
Mohammed Yousaf Naghi Motors
Porsche
Land Rover
Quick lane
Nissan Petromin
Haji Husain Alireza & Co.
Universal Motors Agencies
Aljomaih Automotive Company Ltd.
Alesayi Motors
Al Yemni Motors
Alissa Universal Motors Co.
Bakhashab Brothers Co
Al Juffali & Brothers Automotive Ltd.
Wallan Hyundai
Un-Organized/ Independent Players
Middle East Auto Services
Carzzone
German Centre
Cartech
Alod Haib
Al-Aruba Sinnaiyah
Saudi Chinese Vehicle Repair
Al Shamel Car Maintenance Center
Al Nafie Car Maintenance Workshop
Alsajow Center for Car Maintenance
Red Car
Saudi Egyptian Center for Car Maintenance
SRT 8
Al Bayan Car Maintenance
Mujahid Garage
1 Check Car Services (One Examination Workshop)
Saudi radiators
Global Auto Maintenance
Mohammed Al- Tkhais Abu Rakan
Anwar Al Mamlaka Center
Quick Cars Service
Best Corner Car Maintenance
American Diamond Specialist Center
Cars electricity and air conditioning
Badr Sentop workshop BST
Grace Monkey (International Company)
Super Service Auto Center
XEOEX
German Centre
AutoGard
Rental & Leasing Industry
Rental Players
Budget rent a car
Theeb rent a car
Al Wefaq rent a car
Autoworld rent a car
Key rent a car
Avis rent a car
Hanco rent a car
Samara rent a car
Hertz rent a car
Autorent a car
Leasing Players
Ford Aljazirah
Budget Rent a Car
Universal Motors
Al Jomaih
Best rent a car
Al Tayyar rent a car
Enterprise rent a car
Hanco rent a car
Theeb rent a car
Shary rent a car
ERP & CRM Providing Technical Consultants
Britehouse
Techedge
Saudi Business Machine
Tyconz
Accenture
Tata Consultancy Services
Tech Mahindra
HCL
Unitrans
NTT Data
Deloitte
CDK Connect
Seidor
Wipro
Key Topics Covered in the Report:
Saudi Arabia Automotive Industry Overview
Saudi Arabia Imports & Sales Industry (Distributors & Dealerships)
Automotive Imports & Sales Industry Ecosystem, KSA
Value Chain Analysis of KSA Automotive Imports & Sales
Annual Automotive Imports Traffic for Major KSA Ports
Analysis of Imported Goods & Major Countries Importing in KSA
Value & Volume of Vehicles Imported, KSA
Segmentation of Imports on the basis of Vehicle Type, KSA
Automotive Vehicle Manufacturing Clusters Analysis, KSA
New Motor Vehicle Sales, KSA
Market Segmentation of Automotive Sales on the basis of Region, KSA
Demographics of KSA Citizens Supporting Automotive Industry, (2019)
Segmentation of Vehicle Sales on the basis of Brands & Vehicle Type, KSA
Market share of International OEMs in New Vehicle Sales, KSA (2019)
Competition Analysis of Automotive Imports & Sales Industry, KSA (2019)
Profiles of Major Dealerships & Distributors
Business Model & Revenue Stream of Importers/Distributors/Dealerships
Trends & Developments in Automotive Vehicle Industry
Future of Imports & Sales
KSA Automotive Aftermarket Spare Parts & Service Industry
KSA Aftermarket Industry Ecosystem
Aftermarket Spare Parts Industry
KSA Aftermarket Service Industry
Future Trends of Aftermarket Spare Parts & Service Industry
KSA Automotive Leasing & Rental Industry
Macroeconomic Overview of the Rental & Leasing Industry
KSA Automotive Leasing (Long Term) Industry
KSA Rental Industry
Future of Leasing & Rental Industry
For more information on the research report, refer to below link:
KSA Automotive Industry
Related Reports By Ken Research: -
Saudi Arabia Automotive & Spare Parts Logistics Market Outlook to 2025
Saudi Arabia Car Rental and Leasing Market Outlook to 2023
#Abdul Latif Jameel Car Market Share#Abdul Latif Jameel Car Sales#Al Jazirah Car Market Share#Al Jazirah Car Sales Saudi Arabia#Aljomaih Automotive Car Market Share#Aljomaih Automotive Car Sales#Audi Saudi Arabia Automotive Market Revenue#Automotive Demand in Saudi Arabia#Automotive Industry in KSA#Automotive Market in KSA#Automotive Market in Saudi Arabia#Changan Saudi Arabia Automotive Market Revenue#Chevrolet Car Sales Saudi Arabia#Commercial Vehicle Parc KSA#Dhiba Port Growth in Saudi Arabia#ERP Vendors in Saudi Arabia#Ford Car Sales Saudi Arabia#Ford Saudi Arabia Automotive Market Shares#General Motors Saudi Arabia Automotive Market Revenue#GMC Car Sales Saudi Arabia#Hyundai Car Sales Saudi Arabia#Hyundai Saudi Arabia Automotive Market Sales#Isuzu motors Saudi Arabia Automotive Market Shares#Jeddah Islamic Port Saudi Arabia#Jubail Commercial Port Saudi Arabia#Jubail Port Growth in Saudi Arabia#Kia Motors Saudi Arabia Automotive Market Shares#King Abdul Aziz Port Saudi Arabia#King Fahad Industrial Port Yanbu Saudi Arabia#KSA Automotive Aftermarket Repair Industry Growth
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Online Travel Market Accurate and Detailed Industry Analysis and Forecast, 2022-2031
The global online travel market was valued at $354.2billion in 2020, and is estimated to reach $1,835.6 billion by 2031, registering a CAGR of 14.8% from 2022 to 2031. Globally, the number of people in the middle and upper middle classes is increasing rapidly.
People now opt for more than one trip every year with the growth in living standards and increased purchasing power. Furthermore, for convenience and easy transactions, people have started availing online travel services, thus saving time &resources, fostering the growth of the online travel market. Growth of the online travel market is driven by increase in internet penetration, rise in disposable income of people in emerging markets, and ease of comparing a variety of travel options online. Market players introduce innovative travel and vacation package deals to assist travelers’ in making sound travel decisions as per their spending capability, such as affordable packages for international destination, discounts on car rentals and cash back on international flights.
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Political disturbance and natural calamities are some of the factors that restrain the growth of the online travel market .Furthermore, low digital literacy and unavailability of the internet connection in remote areas are expected to limit the growth of the market.
Outbreak of COVID-19 negatively affected the growth of the online travel market in 2020. Frequent lockdown practices, social distancing and ban on travel and tourism in most of the countries were some of attributes for decreased growth of the market in 2020.
According to the online travel market analysis, the online travel market segmented into service type, platform, mode of booking, age group, and region. On the basis of service type, the market is categorized into transportation, travel accommodation, and vacation packages. By platform, it is segmented into mobile and desktop. On the basis of mode of booking, it is segregated into online travel agencies (OTAs) and direct travel suppliers. On the basis of age group, market is segmented into 22-31 years32-43 years44-56 years and >56 years. Region wise, it is analyzed across North America (the U.S., Canada, and Mexico), Europe (Germany, France, UK, Italy, Spain, and rest of Europe), Asia-Pacific (China, India, Japan, Australia, South Korea, and rest of Asia-Pacific), and LAMEA (Brazil, Argentina, UAE, Saudi Arabia, South Africa, and rest of LAMEA).
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According to the online travel market trends, on the basis of service types, the transportation segment was valued at $145.8billion in 2020, and is projected to reach $670.6billion by 2031, growing at a CAGR of 13.6% from 2022 to 2031. Transportation segment is projected to maintain its lead in the overall online travel services market, owing to rise in online flight bookings. Expansion in the number of low-cost carriers and growth in the number of connecting flights for tier I and II cities across the globe, drive the growth of flight bookings, which significantly contributes for the online travel market growth during the forecast period. Tier I cities are densely populated and have higher living expenses and tier II cities are with moderate cost of living and decent infrastructure and connectivity.
By platform, the mobile segment accounted for the significant share in the global market in 2020 and is expected to increase its share during the forecast period. Increased penetration of smartphones, growing confidence of people in safety of mobile payments, growing digital literacy and social media usage for advertising are likely to contribute for the growth of the market through mobile segment.
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On the basis of mode of booking, the online travel agencies (OTAs)segment accounted for considerable share in global online travel market and is expected sustain its share throughout the online travel market forecast period. The OTAs gain popularity in the online travel market owing to the low cost travel options offered by them. They give travelers the flexibility to plan and book travel as and when required. The OTAs gain popularity in the market owing to the low cost travel options offered by them. They give travelers the flexibility to plan and book travel as and when required. Flight bookings contribute approximately 87% of the OTA sales; however, they have taken initiatives to diversify the non-air products as well. Non-air products includes hotels, bus, trains and other. Currently, OTA majorly contributes to the revenue generation of hotels.
On the basis of age group, the travelers in the age group of 32–43 years occupy a major portion of the market. However, from a growth perspective, the young travelers within the age group of 22–31 years segment is expected to witness the highest CAGR, due to extensive use of social media and smartphones for travel planning and bookings. This age group traveler’s first research scan various sites online, and when planning for a vacation or a short weekend getaway. These people have high spending power as compare to other age group people.
According to the online travel market opportunities, region-wise, North America dominated online travel market share and is expected to be dominant during the forecast period. Surge in demand for travelers seeking perfectly clean sites and personalized services in a normal environment also increases the demand for tourism packages in the North America. Growth in number of trip per year and emergence and increase in demand for agro tourism, eco-tourism are further attributable for the growth of the market in North America.
The players operating in the online travel industry have adopted product launch and business expansion as their key developmental strategies to expand their market share, increase profitability, and remain competitive in the market. The key players profiled in this report include Expedia Group, Inc., Ebury Partners UK Ltd, Fareportal Inc. , Hostelworld.com Limited, Hurb Co S/A, HRS, Make MyTrip Ltd., Oracle Corporation, Priceline (Booking Holdings Inc.), SABS Travel Technologies, Tavisca Solutions Pvt. Ltd., Thomas Cook India Ltd., travelomatix.com, Trip.com Group, Tripadvisor, Inc., and WEX Inc
Key Findings Of The Study
The online travel market size was valued at $354.2billionin 2020, and is estimated to reach $1,835.6billionby 2031, registering a CAGR of 14.8% from 2022 to 2031.
In 2020, depending on service types, the transportation segment acquired $145.8 billion, garnering 41.2% of the global market share.
On the basis of platforms, the mobile segment acquired $108.8 billion, exhibiting 30.7% of the global market share.
In 2020, by mode of booking, the direct travel suppliers segment was valued at $197.3billion, accounting for 55.7% of the market share.
U.S. was the most prominent market in North America in 2020, and is projected to reach $93.2 billion by 2031, growing at a CAGR of 12.0% during the forecast period.
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Automotive HVAC Market Comprehensive Study with Key Trends, Major Drivers and Challenges
Automotive HVAC Market Share:
Las Vegas, United States: Straits Research's latest report on, Automotive HVAC Market - Global Industry Overview and Forecast 2022-2030, highlights potential, risk factor analyses, and enhanced with strategic and tactical decision-making assistance. The growth and regulatory factors impacting information consumption, the availability of highly dependable items in the market, and the improvement in operating efficiency of Automotive HVAC industry players. According to the Straits Research, Automotive HVAC Market Size is Expected to grow at higher CAGR Over the Forecast Period.Automotive HVAC Market Share report covers market trends and development, drivers, capacities, technologies, and the changing dynamics of the Automotive HVAC Market.
Competitive Landscape
Some of the prominent players operating in the Automotive HVAC market are Air International Thermal Systems (Australia), Brose GmbH & Co. (Germany), Xiezhong International Holdings Limited. (China), Valeo SA (France), Toyota Industries Corporation (Japan), Sanden Corporation (Japan), Keihin Corporation (Japan), Johnson Electric (Hong Kong), Gentherm Inc. (U.S.), Denso Corporation (Japan), Delphi Automotive LLP. (Republic of Ireland), Calsonic Kansei Corporation (Japan), Japan Climate Systems Corporation (Japan) and Visteon Corporation (U.S.)
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Studies explore the effects of COVID-19 on the upstream, midstream, and downstream sectors of the industry. In addition, this analysis provides extensive market estimations by putting an emphasis on data covering numerous factors that encompass market dynamics such as market drivers, market barriers, market opportunities, market risks, and industry news and trends.
This research also provides a dashboard view of prominent Organization, highlighting their effective marketing tactics, market share and most recent advances in both historical and current settings.
Global Automotive HVAC Market: Segmentation
As a result of the Automotive HVAC market segmentation, the market is divided into sub-segments based on product type, application, as well as regional and country-level forecasts.
By Technology
Manual
Automatic
By Vehicle-Type
Cars
Commercial Vehicles
Light Commercial Vehicles (LCVs)
Heavy Commercial Vehicles (HCVs)
By Geography
North America
U.S.
Canada
Mexico
Europe
Germany
France
UK
Italy
Spain
Rest of Europe
Asia Pacific
Japan
India
China
South Korea
Australia
Rest of Asia Pacific
Latin America
Brazil
Argentina
Colombia
Rest of Latin America
MEA
Saudi Arabia
South Africa
Rest of MEA
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Market Highlights:
A company's revenue and the applications market are used by market analysts, data analysts, and others in connected industries to assess product values and regional markets.
But not limited to: reports from corporations, international Organization, and governments; market surveys; relevant industry news.
Examining historical market patterns, making predictions for the year 2022, as well as looking forward to 2030, using CAGRs (compound annual growth rates)
Historical and anticipated data on demand, application, pricing, and market share by country are all included in the study, which focuses on major markets such the United States, Europe, and China.
Apart from that, it sheds light on the primary market forces at work as well as the obstacles, opportunities, and threats that suppliers face. In addition, the worldwide market's leading players are profiled, together with their respective market shares.
Goals of the Study
Global Automotive HVAC market consumption (value) by main areas and countries, product type (and application), statistics from 2019 to 2020 will be examined till forecast 2030.
Identify the different subsegments of the Automotive HVAC market in order to better comprehend its structure.
Analysis of the value of the market, as well as the competitive landscape, Porter's five forces analysis and SWOT analysis of the top Automotive HVAC worldwide manufacturers are included in this report.
We'll look at how well each of the Automotive HVAC is doing and how much they contribute to market size.
Sharing in-depth information regarding the market's development factors (growth potential, opportunities, drivers, industry-specific challenges and risks).
According to main geographies, the consumption of Automotive HVAC submarkets will be forecasted (along with their respective key countries).
To keep up with market changes, such as new product launches, expansions, and acquisitions.
To identify and assess the most important companies in the market, as well as their development plans.
Trending Report:
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#Automotive HVAC Market#Automotive HVAC Market Share#Automotive HVAC Market Size#Automotive HVAC Market Research#Automotive HVAC Industry#What is Automotive HVAC?
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Global Wafer Boat Market Major Drivers, Strategies, and Key Influential Manufacturers 2023
The Global Wafer Boat Market report offers statistics available on those manufacturers industry status and also is a source of tool and guidance for individuals and companies interested in the company. Even the Wafer Boat report supplies a simple breakdown of an including its definition, technology, and applications. The Wafer Boat business report investigates the major market players at length.
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Company Coverage (Revenue statistics, Main Products & Services, etc.):
CoorsTek Ferrotec Material Technologies Worldex Industry CE-MAT Young Shin Quartz Feedback Technology 3X Ceramic Parts Hyman Quartz Glass Integrated Materials Kallex Lianyungang Shengbangda Quartz Products Jinzhou Wanshida Quartz Glass Young Shin Quartz
The scope of this Report
Even the Wafer Boat market classification can be the inclusion of the segments got after branch and investigation of this market. Segmentation of all the market permits the readers to know about Wafer Boat sections and the subdivisions where the market players and the market is categorized on the grounds of all parameters.
Item Type Coverage (Market Size & Forecast, Major Company of Product Type, etc.):
Vertical Type Horizontal Type
Require Application (Market Size & Forecast, Consumer Supply):
150 mm Wafer 200 mm Wafer 300 mm Wafer Others
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Global Steel Brakes Market
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Global Diesel Recreational Vehicles Market
Global Electric Vehicle Inverter Market
Sales, Cost, and Gross worth, Supply, Consumption, Export, import quantity and Margin for Regions:
North America (United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, and Italy)
Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
South America (Brazil, Argentina, Colombia, etc.)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
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The importance of the report:
1. Short Introduction to Wafer Boat Market Economy
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3. Analysis of Wafer Boat Key Manufacturers Contact Info Company Profile Production Information
4. 2017-2023 American & Global Economy: World Wide Comfort, Wafer Boat Production Value, Cost and Profit. Economy Replies. Industry and Effectiveness. Import and export
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Automotive Fascia Market: Impact Growth, Forecast, Research 2024-2032
The Reports and Insights, a leading market research company, has recently releases report titled “Automotive Fascia Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2031.” The study provides a detailed analysis of the industry, including the global Automotive Fascia Market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
Report Highlights:
How big is the Automotive Fascia Market?
The global automotive fascia market size was US$ 22.3 Billion in 2022. The global automotive fascia market is expected to register a revenue CAGR of 6.5% during the forecast period and reach a market size of US$ 39.3 Bn in 2031.
What are Automotive Fascia?
An automotive fascia is the front or rear section of a vehicle designed to enhance its appearance and aerodynamics. It usually incorporates parts like the bumper, grille, headlights, and trim pieces into a cohesive and attractive surface. Constructed from materials such as plastic, metal, or composites, the fascia also serves practical functions, including absorbing impact in minor collisions and housing sensors and other essential technological features found in modern vehicles.
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What are the growth prospects and trends in the Automotive Fascia industry?
The automotive fascia market growth is driven by various factors and trends. The automotive fascia market is a dynamic and expanding sector, fueled by advancements in vehicle design, increased demand for visually appealing and aerodynamically efficient vehicles, and the integration of cutting-edge technologies. Market growth is driven by factors such as rising vehicle production, consumer preferences for lightweight and durable materials, and stringent safety regulations. Innovations in materials, like high-performance plastics and composites, are improving the functionality and design potential of automotive fascias. Key industry players are focusing on research and development to provide customized and advanced fascia solutions, meeting the evolving demands of the automotive industry. Hence, all these factors contribute to automotive fascia market growth.
What is included in market segmentation?
The report has segmented the market into the following categories:
By Product Type:
Standard Fascia
Illuminated Fascia
Sports Fascia
Luxury Fascia
Others
Material Type:
Plastic
Metal
Composites
Others
Technology:
Passive Safety Systems
Active Safety Systems
Advanced Driver Assistance Systems (ADAS)
Connectivity and Integrated Electronics
Others
Vehicle Type:
Passenger Cars
Light Commercial Vehicles (LCVs)
Heavy Commercial Vehicles (HCVs)
Electric Vehicles (EVs)
Others
Sales Channel:
Original Equipment Manufacturers (OEMs)
Aftermarket
Segmentation By Region:
North America:
United States
Canada
Europe:
Germany
The U.K.
France
Spain
Italy
Russia
Poland
BENELUX
NORDIC
Rest of Europe
Asia Pacific:
China
Japan
India
South Korea
ASEAN
Australia & New Zealand
Rest of Asia Pacific
Latin America:
Brazil
Mexico
Argentina
Middle East & Africa:
Saudi Arabia
South Africa
United Arab Emirates
Israel
Who are the key players operating in the industry?
The report covers the major market players including:
Magna International Inc.
Samvardhana Motherson Group
Faurecia
Plastic Omnium
Flex-N-Gate Corporation
Montaplast GmbH
Compagnie Plastic Omnium
Hanwha Advanced Materials Corporation
Yanfeng Global Automotive Interiors
SRG Global
Toyoda Gosei Co., Ltd.
View Full Report: https://www.reportsandinsights.com/report/Automotive Fascia-market
If you require any specific information that is not covered currently within the scope of the report, we will provide the same as a part of the customization.
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Reports and Insights consistently mееt international benchmarks in the market research industry and maintain a kееn focus on providing only the highest quality of reports and analysis outlooks across markets, industries, domains, sectors, and verticals. We have bееn catering to varying market nееds and do not compromise on quality and research efforts in our objective to deliver only the very best to our clients globally.
Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.
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