Global Blockchain In Agriculture And Food Supply Chain Market Size, Industry Analysis By Segmentations, Top Key Players, Trends, Future Development & Forecast 2024-2035
- PUBLISHED ON
- 10/11/2022
- NO OF PAGES
- 242
- CATEGORY
- Agriculture
Market Overview:
Blockchain technology has the potential to revolutionize the agriculture and food supply chain industry by providing a more transparent and efficient system. The technology can improve supply chain traceability, increase food safety, and reduce food waste. The blockchain in agriculture and food supply chain market is expected to grow significantly in the coming years. The market is projected to reach $948 million by 2025, growing at a CAGR of 47.8% from 2020 to 2025. The key drivers for the growth of the blockchain in agriculture and food supply chain market include increasing demand for transparency in the supply chain, rising concerns over food safety, and the need for efficient and secure systems to manage the supply chain.
Blockchain technology enables farmers, processors, distributors, retailers, and consumers to track the movement of goods and ensure that they are safe and of high quality. It provides a tamper-proof and transparent ledger that records all transactions in the supply chain, including the origin of the product, the journey it takes, and any quality control checks. Moreover, blockchain technology can be used to create smart contracts that automate the supply chain process, reducing the need for intermediaries and improving efficiency. This, in turn, can help to reduce the cost of the food supply chain and increase profits for all participants.
Overall, the blockchain in agriculture and food supply chain market is expected to grow rapidly in the coming years as more companies adopt the technology to improve transparency, safety, and efficiency in the food supply chain.
Covid-19 Impact:
The COVID-19 pandemic has highlighted the need for more resilient and transparent supply chains in the agriculture and food industry. Blockchain technology has the potential to address some of the challenges that have emerged during the pandemic, including disruptions to supply chains and concerns over food safety. The use of blockchain technology in the agriculture and food supply chain can help to improve supply chain traceability, reduce food waste, and increase transparency. With blockchain, it is possible to track the movement of goods, from the farm to the consumer, in real-time. This allows stakeholders to quickly identify and respond to any disruptions or issues in the supply chain, such as delays, shortages, or quality control problems.
Furthermore, blockchain technology can enable the sharing of data and information across the supply chain, improving collaboration and communication between different stakeholders. This can help to reduce the risk of miscommunication and errors, as well as facilitate the implementation of food safety measures and compliance with regulations. Overall, the COVID-19 pandemic has highlighted the need for more resilient and transparent supply chains in the agriculture and food industry. Blockchain technology has the potential to play a key role in addressing these challenges and ensuring that the food supply chain remains safe, secure, and efficient.
Market Dynamics:
Drivers:
One of the key drivers for the adoption of blockchain technology in the agriculture and food supply chain is the increasing demand for transparency and accountability. Consumers are becoming more conscious about the origin and quality of their food, and they want to know that the products they are consuming are safe and sustainable.
Blockchain technology enables the creation of a tamper-proof and transparent ledger that records all transactions in the supply chain, including the origin of the product, the journey it takes, and any quality control checks. This provides consumers with a level of transparency that was previously unavailable, allowing them to make informed decisions about the food they consume.
Moreover, blockchain technology can be used to provide proof of authenticity, allowing consumers to verify the authenticity of products and ensure that they are not counterfeit or fraudulent. This can help to reduce the risk of food fraud, which has become an increasingly pressing issue in the food industry.
In addition to consumer demand, there are also regulatory requirements that are driving the adoption of blockchain technology in the agriculture and food supply chain. For example, the U.S. Food and Drug Administration (FDA) has introduced regulations that require food producers to implement traceability systems to help prevent and contain foodborne illness outbreaks.
Overall, the demand for transparency and accountability, as well as regulatory requirements, are key drivers for the adoption of blockchain technology in the agriculture and food supply chain.
Regional Analysis:
The adoption of blockchain technology in the agriculture and food supply chain is gaining traction globally. However, the level of adoption varies across regions due to differences in market maturity, regulatory frameworks, and technology infrastructure. Here's a regional analysis of the blockchain in agriculture and food supply chain market:
North America: North America is a leading region in the adoption of blockchain technology in the agriculture and food supply chain. The region is home to many prominent players in the blockchain industry, as well as some of the world's largest food companies. The United States, in particular, has introduced regulatory frameworks that require food producers to implement traceability systems, driving the adoption of blockchain technology.
Europe: Europe is another prominent region in the blockchain in agriculture and food supply chain market. The European Union has introduced regulations that require food producers to implement traceability systems, which is driving the adoption of blockchain technology. The region is also home to many innovative startups in the blockchain industry, which are working on solutions to improve supply chain transparency and efficiency.
Asia-Pacific: The Asia-Pacific region is expected to be the fastest-growing region in the blockchain in agriculture and food supply chain market. The region is home to some of the world's largest food producers and has a rapidly growing population, which is driving the demand for more efficient and transparent supply chains. Governments in the region are also introducing regulations to improve food safety and traceability, which is expected to drive the adoption of blockchain technology.
Latin America: Latin America is a region with significant potential for the adoption of blockchain technology in the agriculture and food supply chain. The region is home to many small-scale farmers, and blockchain technology can help to improve their access to markets, reduce food waste, and increase their profits. Governments in the region are also introducing regulations to improve food safety and traceability, which is expected to drive the adoption of blockchain technology.
Middle East & Africa: The Middle East & Africa region is expected to see moderate growth in the adoption of blockchain technology in the agriculture and food supply chain. The region is home to many small-scale farmers, and blockchain technology can help to improve their access to markets and increase their profits. However, the adoption of blockchain technology in the region is hampered by a lack of infrastructure and regulatory frameworks.
Market Segmentation:
The blockchain in agriculture and food supply chain market can be segmented based on application, provider, organization size, and region.
Application: The application segment can be further segmented into supply chain tracking, payments and settlement, smart contracts, and others. Supply chain tracking is the most prominent application of blockchain in the agriculture and food supply chain market, as it enables the traceability of products from farm to table, ensuring food safety, and quality.
Provider: The provider segment can be further segmented into application providers, middleware providers, and infrastructure providers. Application providers are companies that provide blockchain-based solutions for supply chain tracking, payments, and settlement. Middleware providers offer tools and services to enable the integration of blockchain technology into existing systems. Infrastructure providers offer the underlying blockchain technology infrastructure, including hardware and software.
Organization Size: The organization size segment can be further segmented into small and medium-sized enterprises (SMEs) and large enterprises. SMEs are increasingly adopting blockchain technology in the agriculture and food supply chain to improve their competitiveness and access to markets. Large enterprises are also adopting blockchain technology to improve supply chain efficiency and reduce costs.
Region: The regional segment can be further segmented into North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. The adoption of blockchain technology in the agriculture and food supply chain varies across regions due to differences in market maturity, regulatory frameworks, and technology infrastructure. North America and Europe are leading regions in the adoption of blockchain technology, while Asia-Pacific is expected to be the fastest-growing region due to the rapid growth of the population and demand for more efficient and transparent supply chains.
Competitive Landscape:
There are many players in the blockchain in agriculture and food supply chain market, ranging from startups to large multinational companies. Here are some of the prominent players:
- IBM: IBM is a leading provider of blockchain-based solutions for supply chain tracking and traceability. The company's Food Trust platform is used by many prominent food companies to track products from farm to table.
- Walmart: Walmart is a major retailer that has introduced a blockchain-based system for tracking the origin of produce. The company's blockchain system enables the tracing of products from the farm to the store, providing consumers with more transparency about the origin of the products they purchase.
- Nestle: Nestle, one of the world's largest food companies, has implemented a blockchain-based system to trace the origin of milk used in its products. The company's blockchain system enables the tracking of milk from the farm to the factory, ensuring that it meets the company's quality and sustainability standards.
- Provenance: Provenance is a startup that provides blockchain-based solutions for supply chain tracking and traceability. The company's platform enables the tracking of products from the farm to the consumer, providing consumers with more transparency about the origin and quality of the products they purchase.
- Ambrosus: Ambrosus is a blockchain-based platform that enables the tracking of food products from farm to table. The platform uses sensors to monitor the condition of food products during transportation and storage, ensuring that they remain fresh and safe for consumption.
- TE-FOOD: TE-FOOD is a blockchain-based platform that focuses on supply chain tracking and traceability in the agriculture and food industry. The platform is used by many small and medium-sized enterprises to improve supply chain transparency and efficiency.
- AgriDigital: AgriDigital is a startup that provides blockchain-based solutions for the agriculture industry. The company's platform enables the tracking of grain from the farm to the market, providing farmers with more transparency about the pricing and quality of their products.
Overall, the blockchain in agriculture and food supply chain market is seeing a wide range of players, from established tech giants to startups that are providing innovative solutions for supply chain transparency and traceability.
Base Year: 2023
Historic Year: 2016-2022
Forecast: 2024-2035
1 Blockchain In Agriculture And Food Supply Chain Market Definition and Overview
1.1 Objectives of the Study
1.2 Overview of Blockchain In Agriculture And Food Supply Chain
1.3 Blockchain In Agriculture And Food Supply Chain Market Scope and Market Size Estimation
1.4 Market Segmentation
1.4.1 Types of Blockchain In Agriculture And Food Supply Chain
1.4.2 Applications of Blockchain In Agriculture And Food Supply Chain
1.5 Market Exchange Rate
2 Research Method and Logic
2.1 Methodology
2.2 Research Data Source
3 Market Competition Analysis
3.1 Microsoft Market Performance Analysis
3.1.1 Microsoft Basic Information
3.1.2 Product and Service Analysis
3.1.3 Strategies for Company to Deal with the Impact of COVID-19
3.1.4 Microsoft Sales, Value, Price, Gross Margin 2016-2021
3.2 Arc-net Market Performance Analysis
3.2.1 Arc-net Basic Information
3.2.2 Product and Service Analysis
3.2.3 Strategies for Company to Deal with the Impact of COVID-19
3.2.4 Arc-net Sales, Value, Price, Gross Margin 2016-2021
3.3 AgriDigital Market Performance Analysis
3.3.1 AgriDigital Basic Information
3.3.2 Product and Service Analysis
3.3.3 Strategies for Company to Deal with the Impact of COVID-19
3.3.4 AgriDigital Sales, Value, Price, Gross Margin 2016-2021
3.4 VeChain Market Performance Analysis
3.4.1 VeChain Basic Information
3.4.2 Product and Service Analysis
3.4.3 Strategies for Company to Deal with the Impact of COVID-19
3.4.4 VeChain Sales, Value, Price, Gross Margin 2016-2021
3.5 Ambrosus Market Performance Analysis
3.5.1 Ambrosus Basic Information
3.5.2 Product and Service Analysis
3.5.3 Strategies for Company to Deal with the Impact of COVID-19
3.5.4 Ambrosus Sales, Value, Price, Gross Margin 2016-2021
3.6 BlockGrain Market Performance Analysis
3.6.1 BlockGrain Basic Information
3.6.2 Product and Service Analysis
3.6.3 Strategies for Company to Deal with the Impact of COVID-19
3.6.4 BlockGrain Sales, Value, Price, Gross Margin 2016-2021
3.7 OriginTrail Market Performance Analysis
3.7.1 OriginTrail Basic Information
3.7.2 Product and Service Analysis
3.7.3 Strategies for Company to Deal with the Impact of COVID-19
3.7.4 OriginTrail Sales, Value, Price, Gross Margin 2016-2021
3.8 IBM Market Performance Analysis
3.8.1 IBM Basic Information
3.8.2 Product and Service Analysis
3.8.3 Strategies for Company to Deal with the Impact of COVID-19
3.8.4 IBM Sales, Value, Price, Gross Margin 2016-2021
3.9 Provenance Market Performance Analysis
3.9.1 Provenance Basic Information
3.9.2 Product and Service Analysis
3.9.3 Strategies for Company to Deal with the Impact of COVID-19
3.9.4 Provenance Sales, Value, Price, Gross Margin 2016-2021
3.10 ChainVine Market Performance Analysis
3.10.1 ChainVine Basic Information
3.10.2 Product and Service Analysis
3.10.3 Strategies for Company to Deal with the Impact of COVID-19
3.10.4 ChainVine Sales, Value, Price, Gross Margin 2016-2021
3.11 SAP-SE Market Performance Analysis
3.11.1 SAP-SE Basic Information
3.11.2 Product and Service Analysis
3.11.3 Strategies for Company to Deal with the Impact of COVID-19
3.11.4 SAP-SE Sales, Value, Price, Gross Margin 2016-2021
3.12 Rip.io Market Performance Analysis
3.12.1 Rip.io Basic Information
3.12.2 Product and Service Analysis
3.12.3 Strategies for Company to Deal with the Impact of COVID-19
3.12.4 Rip.io Sales, Value, Price, Gross Margin 2016-2021
4 Market Segment by Type, Historical Data and Market Forecasts
4.1 Global Blockchain In Agriculture And Food Supply Chain Production and Value by Type
4.1.1 Global Blockchain In Agriculture And Food Supply Chain Production by Type 2016-2021
4.1.2 Global Blockchain In Agriculture And Food Supply Chain Market Value by Type 2016-2021
4.2 Global Blockchain In Agriculture And Food Supply Chain Market Production, Value and Growth Rate by Type 2016-2021
4.2.1 Application And Solution Provider Market Production, Value and Growth Rate
4.2.2 Middleware Provider Market Production, Value and Growth Rate
4.2.3 Infrastructure And Protocol Provider Market Production, Value and Growth Rate
4.3 Global Blockchain In Agriculture And Food Supply Chain Production and Value Forecast by Type
4.3.1 Global Blockchain In Agriculture And Food Supply Chain Production Forecast by Type 2022-2030
4.3.2 Global Blockchain In Agriculture And Food Supply Chain Market Value Forecast by Type 2022-2030
4.4 Global Blockchain In Agriculture And Food Supply Chain Market Production, Value and Growth Rate by Type Forecast 2022-2030
4.4.1 Application And Solution Provider Market Production, Value and Growth Rate Forecast
4.4.2 Middleware Provider Market Production, Value and Growth Rate Forecast
4.4.3 Infrastructure And Protocol Provider Market Production, Value and Growth Rate Forecast
5 Market Segment by Application, Historical Data and Market Forecasts
5.1 Global Blockchain In Agriculture And Food Supply Chain Consumption and Value by Application
5.1.1 Global Blockchain In Agriculture And Food Supply Chain Consumption by Application 2016-2021
5.1.2 Global Blockchain In Agriculture And Food Supply Chain Market Value by Application 2016-2021
5.2 Global Blockchain In Agriculture And Food Supply Chain Market Consumption, Value and Growth Rate by Application 2016-2021
5.2.1 Product Traceability, Tracking, and Visibility Market Consumption, Value and Growth Rate
5.2.2 Payment and Settlement Market Consumption, Value and Growth Rate
5.2.3 Smart Contracts Market Consumption, Value and Growth Rate
5.2.4 Governance, Risk and Compliance Management Market Consumption, Value and Growth Rate
5.3 Global Blockchain In Agriculture And Food Supply Chain Consumption and Value Forecast by Application
5.3.1 Global Blockchain In Agriculture And Food Supply Chain Consumption Forecast by Application 2022-2030
5.3.2 Global Blockchain In Agriculture And Food Supply Chain Market Value Forecast by Application 2022-2030
5.4 Global Blockchain In Agriculture And Food Supply Chain Market Consumption, Value and Growth Rate by Application Forecast 2022-2030
5.4.1 Product Traceability, Tracking, and Visibility Market Consumption, Value and Growth Rate Forecast
5.4.2 Payment and Settlement Market Consumption, Value and Growth Rate Forecast
5.4.3 Smart Contracts Market Consumption, Value and Growth Rate Forecast
5.4.4 Governance, Risk and Compliance Management Market Consumption, Value and Growth Rate Forecast
6 Global Blockchain In Agriculture And Food Supply Chain by Region, Historical Data and Market Forecasts
6.1 Global Blockchain In Agriculture And Food Supply Chain Sales by Region 2016-2021
6.2 Global Blockchain In Agriculture And Food Supply Chain Market Value by Region 2016-2021
6.3 Global Blockchain In Agriculture And Food Supply Chain Market Sales, Value and Growth Rate by Region 2016-2021
6.3.1 North America
6.3.2 Europe
6.3.3 Asia Pacific
6.3.4 South America
6.3.5 Middle East and Africa
6.4 Global Blockchain In Agriculture And Food Supply Chain Sales Forecast by Region 2022-2030
6.5 Global Blockchain In Agriculture And Food Supply Chain Market Value Forecast by Region 2022-2030
6.6 Global Blockchain In Agriculture And Food Supply Chain Market Sales, Value and Growth Rate Forecast by Region 2022-2030
6.6.1 North America
6.6.2 Europe
6.6.3 Asia Pacific
6.6.4 South America
6.6.5 Middle East and Africa
7 United State Market Size Analysis 2016-2030
7.1 United State Blockchain In Agriculture And Food Supply Chain Value and Market Growth 2016-2021
7.2 United State Blockchain In Agriculture And Food Supply Chain Sales and Market Growth 2016-2021
7.3 United State Blockchain In Agriculture And Food Supply Chain Market Value Forecast 2022-2030
8 Canada Market Size Analysis 2016-2030
8.1 Canada Blockchain In Agriculture And Food Supply Chain Value and Market Growth 2016-2021
8.2 Canada Blockchain In Agriculture And Food Supply Chain Sales and Market Growth 2016-2021
8.3 Canada Blockchain In Agriculture And Food Supply Chain Market Value Forecast 2022-2030
9 Germany Market Size Analysis 2016-2030
9.1 Germany Blockchain In Agriculture And Food Supply Chain Value and Market Growth 2016-2021
9.2 Germany Blockchain In Agriculture And Food Supply Chain Sales and Market Growth 2016-2021
9.3 Germany Blockchain In Agriculture And Food Supply Chain Market Value Forecast 2022-2030
10 UK Market Size Analysis 2016-2030
10.1 UK Blockchain In Agriculture And Food Supply Chain Value and Market Growth 2016-2021
10.2 UK Blockchain In Agriculture And Food Supply Chain Sales and Market Growth 2016-2021
10.3 UK Blockchain In Agriculture And Food Supply Chain Market Value Forecast 2022-2030
11 France Market Size Analysis 2016-2030
11.1 France Blockchain In Agriculture And Food Supply Chain Value and Market Growth 2016-2021
11.2 France Blockchain In Agriculture And Food Supply Chain Sales and Market Growth 2016-2021
11.3 France Blockchain In Agriculture And Food Supply Chain Market Value Forecast 2022-2030
12 Italy Market Size Analysis 2016-2030
12.1 Italy Blockchain In Agriculture And Food Supply Chain Value and Market Growth 2016-2021
12.2 Italy Blockchain In Agriculture And Food Supply Chain Sales and Market Growth 2016-2021
12.3 Italy Blockchain In Agriculture And Food Supply Chain Market Value Forecast 2022-2030
13 Spain Market Size Analysis 2016-2030
13.1 Spain Blockchain In Agriculture And Food Supply Chain Value and Market Growth 2016-2021
13.2 Spain Blockchain In Agriculture And Food Supply Chain Sales and Market Growth 2016-2021
13.3 Spain Blockchain In Agriculture And Food Supply Chain Market Value Forecast 2022-2030
14 Russia Market Size Analysis 2016-2030
14.1 Russia Blockchain In Agriculture And Food Supply Chain Value and Market Growth 2016-2021
14.2 Russia Blockchain In Agriculture And Food Supply Chain Sales and Market Growth 2016-2021
14.3 Russia Blockchain In Agriculture And Food Supply Chain Market Value Forecast 2022-2030
15 China Market Size Analysis 2016-2030
15.1 China Blockchain In Agriculture And Food Supply Chain Value and Market Growth 2016-2021
15.2 China Blockchain In Agriculture And Food Supply Chain Sales and Market Growth 2016-2021
15.3 China Blockchain In Agriculture And Food Supply Chain Market Value Forecast 2022-2030
16 Japan Market Size Analysis 2016-2030
16.1 Japan Blockchain In Agriculture And Food Supply Chain Value and Market Growth 2016-2021
16.2 Japan Blockchain In Agriculture And Food Supply Chain Sales and Market Growth 2016-2021
16.3 Japan Blockchain In Agriculture And Food Supply Chain Market Value Forecast 2022-2030
17 South Korea Market Size Analysis 2016-2030
17.1 South Korea Blockchain In Agriculture And Food Supply Chain Value and Market Growth 2016-2021
17.2 South Korea Blockchain In Agriculture And Food Supply Chain Sales and Market Growth 2016-2021
17.3 South Korea Blockchain In Agriculture And Food Supply Chain Market Value Forecast 2022-2030
18 Australia Market Size Analysis 2016-2030
18.1 Australia Blockchain In Agriculture And Food Supply Chain Value and Market Growth 2016-2021
18.2 Australia Blockchain In Agriculture And Food Supply Chain Sales and Market Growth 2016-2021
18.3 Australia Blockchain In Agriculture And Food Supply Chain Market Value Forecast 2022-2030
19 Thailand Market Size Analysis 2016-2030
19.1 Thailand Blockchain In Agriculture And Food Supply Chain Value and Market Growth 2016-2021
19.2 Thailand Blockchain In Agriculture And Food Supply Chain Sales and Market Growth 2016-2021
19.3 Thailand Blockchain In Agriculture And Food Supply Chain Market Value Forecast 2022-2030
20 Brazil Market Size Analysis 2016-2030
20.1 Brazil Blockchain In Agriculture And Food Supply Chain Value and Market Growth 2016-2021
20.2 Brazil Blockchain In Agriculture And Food Supply Chain Sales and Market Growth 2016-2021
20.3 Brazil Blockchain In Agriculture And Food Supply Chain Market Value Forecast 2022-2030
21 Argentina Market Size Analysis 2016-2030
21.1 Argentina Blockchain In Agriculture And Food Supply Chain Value and Market Growth 2016-2021
21.2 Argentina Blockchain In Agriculture And Food Supply Chain Sales and Market Growth 2016-2021
21.3 Argentina Blockchain In Agriculture And Food Supply Chain Market Value Forecast 2022-2030
22 Chile Market Size Analysis 2016-2030
22.1 Chile Blockchain In Agriculture And Food Supply Chain Value and Market Growth 2016-2021
22.2 Chile Blockchain In Agriculture And Food Supply Chain Sales and Market Growth 2016-2021
22.3 Chile Blockchain In Agriculture And Food Supply Chain Market Value Forecast 2022-2030
23 South Africa Market Size Analysis 2016-2030
23.1 South Africa Blockchain In Agriculture And Food Supply Chain Value and Market Growth 2016-2021
23.2 South Africa Blockchain In Agriculture And Food Supply Chain Sales and Market Growth 2016-2021
23.3 South Africa Blockchain In Agriculture And Food Supply Chain Market Value Forecast 2022-2030
24 Egypt Market Size Analysis 2016-2030
24.1 Egypt Blockchain In Agriculture And Food Supply Chain Value and Market Growth 2016-2021
24.2 Egypt Blockchain In Agriculture And Food Supply Chain Sales and Market Growth 2016-2021
24.3 Egypt Blockchain In Agriculture And Food Supply Chain Market Value Forecast 2022-2030
25 UAE Market Size Analysis 2016-2030
25.1 UAE Blockchain In Agriculture And Food Supply Chain Value and Market Growth 2016-2021
25.2 UAE Blockchain In Agriculture And Food Supply Chain Sales and Market Growth 2016-2021
25.3 UAE Blockchain In Agriculture And Food Supply Chain Market Value Forecast 2022-2030
26 Saudi Arabia Market Size Analysis 2016-2030
26.1 Saudi Arabia Blockchain In Agriculture And Food Supply Chain Value and Market Growth 2016-2021
26.2 Saudi Arabia Blockchain In Agriculture And Food Supply Chain Sales and Market Growth 2016-2021
26.3 Saudi Arabia Blockchain In Agriculture And Food Supply Chain Market Value Forecast 2022-2030
27 Market Dynamic Analysis and Development Suggestions
27.1 Market Drivers
27.2 Market Development Constraints
27.3 PEST Analysis
27.3.1 Political Factors
27.3.2 Economic Factors
27.3.3 Social Factors
27.3.4 Technological Factors
27.4 Industry Trends Under COVID-19
27.4.1 Risk Assessment on COVID-19
27.4.2 Assessment of the Overall Impact of COVID-19 on the Industry
27.4.3 Pre COVID-19 and Post COVID-19 Market Scenario
27.5 Market Entry Strategy Analysis
27.5.1 Market Definition
27.5.2 Client
27.5.3 Distribution Model
27.5.4 Product Messaging and Positioning
27.5.5 Price
27.6 Advice on Entering the Market
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Case Study- Automotive Sector
One of the key manufacturers of automotive had plans to invest in electric utility vehicles. The electric cars and associated markets being a of evolving nature, the automotive client approached Straits Research for a detailed insight on the market forecasts. The client specifically asked for competitive analysis, regulatory framework, regional prospects studied under the influence of drivers, challenges, opportunities, and pricing in terms of revenue and sales (million units).
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