Global Remote Control Market Size, Industry Analysis By Segmentations, Top Key Players, Trends, Future Development & Forecast 2024-2035
- PUBLISHED ON
- 9/1/2022
- NO OF PAGES
- 206
- CATEGORY
- Retails & Consumer
The Remote Control market report is a perfect foundation for people looking out for a comprehensive study and analysis of the Remote Control market. On the basis of historic growth analysis and current scenario of Remote Control market place, the report intends to offer actionable insights on global market growth projections. Authenticated data presented in report is based on findings of extensive primary and secondary research. Insights drawn from data serve as excellent tools that facilitate deeper understanding of multiple aspects of global Remote Control market. This further helps user with their developmental strategy.
This report examines all the key factors influencing growth of global Remote Control market, including demand-supply scenario, pricing structure, profit margins, production and value chain analysis. Regional assessment of global Remote Control market unlocks a plethora of untapped opportunities in regional and domestic market places. Detailed company profiling enables users to evaluate company shares analysis, emerging product lines, scope of NPD in new markets, pricing strategies, innovation possibilities and much more.
Global Remote Control Market: Major Players
Telecrane LEE HI-TECH ENT
SKF Linear & Actuation Technology
Cervis
SINDITO – ITOWA
ELCA Radiocontrols
IKUSI – REMOTE CONTROL
Akerstroms Bjorbo AB
Honeywell
Gain
ELKA-Torantriebe GmbH u. Co. Betriebs KG
JAY Electronique
SIEMENS Building Technologies
Magnetek
Cattron
ABITRON Germany GmbH
BRAND HYDRAULICS
NBB Controls + Components GmbH
Hitachi
Cavotec
LINAK
TiMOTION Technology Co., Ltd.
Hetronic, Inc.
HBC-radiomatic
Tele Radio
FSL Electronics Ltd
DewertOkin GmbH
Moteck Electric Corp
NUOVA CEVA Automation
SELCO
IMET Radio Remote Control
Global Remote Control Market: Types
Remote Radio Control
Opto Control
Infrared Control
Others
Global Remote Control Market: Applications
Industrial
Actuators
Cranes
Lifting Equipment
Other
Global Remote Control Market: Regional Analysis
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 Remote Control 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.
Key Points:
Define, describe and forecast Remote Control product market by type, application, end user and region.
Provide enterprise external environment analysis and PEST analysis.
Provide strategies for company to deal with the impact of COVID-19.
Provide market dynamic analysis, including market driving factors, market development constraints.
Provide market entry strategy analysis for new players or players who are ready to enter the market, including market segment definition, client analysis, distribution model, product messaging and positioning, and price strategy analysis.
Keep up with international market trends and provide analysis of the impact of the COVID-19 epidemic on major regions of the world.
Analyze the market opportunities of stakeholders and provide market leaders with details of the competitive landscape.
Years considered for this report:
Historical Years: 2016-2021
Base Year: 2021
Estimated Year: 2022
Forecast Period: 2022-2030
Base Year: 2023This report examines all the key factors influencing growth of global Remote Control market, including demand-supply scenario, pricing structure, profit margins, production and value chain analysis. Regional assessment of global Remote Control market unlocks a plethora of untapped opportunities in regional and domestic market places. Detailed company profiling enables users to evaluate company shares analysis, emerging product lines, scope of NPD in new markets, pricing strategies, innovation possibilities and much more.
Global Remote Control Market: Major Players
Telecrane LEE HI-TECH ENT
SKF Linear & Actuation Technology
Cervis
SINDITO – ITOWA
ELCA Radiocontrols
IKUSI – REMOTE CONTROL
Akerstroms Bjorbo AB
Honeywell
Gain
ELKA-Torantriebe GmbH u. Co. Betriebs KG
JAY Electronique
SIEMENS Building Technologies
Magnetek
Cattron
ABITRON Germany GmbH
BRAND HYDRAULICS
NBB Controls + Components GmbH
Hitachi
Cavotec
LINAK
TiMOTION Technology Co., Ltd.
Hetronic, Inc.
HBC-radiomatic
Tele Radio
FSL Electronics Ltd
DewertOkin GmbH
Moteck Electric Corp
NUOVA CEVA Automation
SELCO
IMET Radio Remote Control
Global Remote Control Market: Types
Remote Radio Control
Opto Control
Infrared Control
Others
Global Remote Control Market: Applications
Industrial
Actuators
Cranes
Lifting Equipment
Other
Global Remote Control Market: Regional Analysis
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 Remote Control 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.
Key Points:
Define, describe and forecast Remote Control product market by type, application, end user and region.
Provide enterprise external environment analysis and PEST analysis.
Provide strategies for company to deal with the impact of COVID-19.
Provide market dynamic analysis, including market driving factors, market development constraints.
Provide market entry strategy analysis for new players or players who are ready to enter the market, including market segment definition, client analysis, distribution model, product messaging and positioning, and price strategy analysis.
Keep up with international market trends and provide analysis of the impact of the COVID-19 epidemic on major regions of the world.
Analyze the market opportunities of stakeholders and provide market leaders with details of the competitive landscape.
Years considered for this report:
Historical Years: 2016-2021
Base Year: 2021
Estimated Year: 2022
Forecast Period: 2022-2030
Historic Year: 2016-2022
Forecast: 2024-2035
1 Remote Control Market Definition and Overview
1.1 Objectives of the Study
1.2 Overview of Remote Control
1.3 Remote Control Market Scope and Market Size Estimation
1.4 Market Segmentation
1.4.1 Types of Remote Control
1.4.2 Applications of Remote Control
1.5 Market Exchange Rate
2 Research Method and Logic
2.1 Methodology
2.2 Research Data Source
3 Market Competition Analysis
3.1 Telecrane LEE HI-TECH ENT Market Performance Analysis
3.1.1 Telecrane LEE HI-TECH ENT 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 Telecrane LEE HI-TECH ENT Sales, Value, Price, Gross Margin 2016-2021
3.2 SKF Linear & Actuation Technology Market Performance Analysis
3.2.1 SKF Linear & Actuation Technology 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 SKF Linear & Actuation Technology Sales, Value, Price, Gross Margin 2016-2021
3.3 Cervis Market Performance Analysis
3.3.1 Cervis 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 Cervis Sales, Value, Price, Gross Margin 2016-2021
3.4 SINDITO – ITOWA Market Performance Analysis
3.4.1 SINDITO – ITOWA 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 SINDITO – ITOWA Sales, Value, Price, Gross Margin 2016-2021
3.5 ELCA Radiocontrols Market Performance Analysis
3.5.1 ELCA Radiocontrols 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 ELCA Radiocontrols Sales, Value, Price, Gross Margin 2016-2021
3.6 IKUSI – REMOTE CONTROL Market Performance Analysis
3.6.1 IKUSI – REMOTE CONTROL 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 IKUSI – REMOTE CONTROL Sales, Value, Price, Gross Margin 2016-2021
3.7 Akerstroms Bjorbo AB Market Performance Analysis
3.7.1 Akerstroms Bjorbo AB 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 Akerstroms Bjorbo AB Sales, Value, Price, Gross Margin 2016-2021
3.8 Honeywell Market Performance Analysis
3.8.1 Honeywell 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 Honeywell Sales, Value, Price, Gross Margin 2016-2021
3.9 Gain Market Performance Analysis
3.9.1 Gain 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 Gain Sales, Value, Price, Gross Margin 2016-2021
3.10 ELKA-Torantriebe GmbH u. Co. Betriebs KG Market Performance Analysis
3.10.1 ELKA-Torantriebe GmbH u. Co. Betriebs KG 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 ELKA-Torantriebe GmbH u. Co. Betriebs KG Sales, Value, Price, Gross Margin 2016-2021
3.11 JAY Electronique Market Performance Analysis
3.11.1 JAY Electronique 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 JAY Electronique Sales, Value, Price, Gross Margin 2016-2021
3.12 SIEMENS Building Technologies Market Performance Analysis
3.12.1 SIEMENS Building Technologies 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 SIEMENS Building Technologies Sales, Value, Price, Gross Margin 2016-2021
3.13 Magnetek Market Performance Analysis
3.13.1 Magnetek Basic Information
3.13.2 Product and Service Analysis
3.13.3 Strategies for Company to Deal with the Impact of COVID-19
3.13.4 Magnetek Sales, Value, Price, Gross Margin 2016-2021
3.14 Cattron Market Performance Analysis
3.14.1 Cattron Basic Information
3.14.2 Product and Service Analysis
3.14.3 Strategies for Company to Deal with the Impact of COVID-19
3.14.4 Cattron Sales, Value, Price, Gross Margin 2016-2021
3.15 ABITRON Germany GmbH Market Performance Analysis
3.15.1 ABITRON Germany GmbH Basic Information
3.15.2 Product and Service Analysis
3.15.3 Strategies for Company to Deal with the Impact of COVID-19
3.15.4 ABITRON Germany GmbH Sales, Value, Price, Gross Margin 2016-2021
3.16 BRAND HYDRAULICS Market Performance Analysis
3.16.1 BRAND HYDRAULICS Basic Information
3.16.2 Product and Service Analysis
3.16.3 Strategies for Company to Deal with the Impact of COVID-19
3.16.4 BRAND HYDRAULICS Sales, Value, Price, Gross Margin 2016-2021
3.17 NBB Controls + Components GmbH Market Performance Analysis
3.17.1 NBB Controls + Components GmbH Basic Information
3.17.2 Product and Service Analysis
3.17.3 Strategies for Company to Deal with the Impact of COVID-19
3.17.4 NBB Controls + Components GmbH Sales, Value, Price, Gross Margin 2016-2021
3.18 Hitachi Market Performance Analysis
3.18.1 Hitachi Basic Information
3.18.2 Product and Service Analysis
3.18.3 Strategies for Company to Deal with the Impact of COVID-19
3.18.4 Hitachi Sales, Value, Price, Gross Margin 2016-2021
3.19 Cavotec Market Performance Analysis
3.19.1 Cavotec Basic Information
3.19.2 Product and Service Analysis
3.19.3 Strategies for Company to Deal with the Impact of COVID-19
3.19.4 Cavotec Sales, Value, Price, Gross Margin 2016-2021
3.20 LINAK Market Performance Analysis
3.20.1 LINAK Basic Information
3.20.2 Product and Service Analysis
3.20.3 Strategies for Company to Deal with the Impact of COVID-19
3.20.4 LINAK Sales, Value, Price, Gross Margin 2016-2021
3.21 TiMOTION Technology Co., Ltd. Market Performance Analysis
3.21.1 TiMOTION Technology Co., Ltd. Basic Information
3.21.2 Product and Service Analysis
3.21.3 Strategies for Company to Deal with the Impact of COVID-19
3.21.4 TiMOTION Technology Co., Ltd. Sales, Value, Price, Gross Margin 2016-2021
3.22 Hetronic, Inc. Market Performance Analysis
3.22.1 Hetronic, Inc. Basic Information
3.22.2 Product and Service Analysis
3.22.3 Strategies for Company to Deal with the Impact of COVID-19
3.22.4 Hetronic, Inc. Sales, Value, Price, Gross Margin 2016-2021
3.23 HBC-radiomatic Market Performance Analysis
3.23.1 HBC-radiomatic Basic Information
3.23.2 Product and Service Analysis
3.23.3 Strategies for Company to Deal with the Impact of COVID-19
3.23.4 HBC-radiomatic Sales, Value, Price, Gross Margin 2016-2021
3.24 Tele Radio Market Performance Analysis
3.24.1 Tele Radio Basic Information
3.24.2 Product and Service Analysis
3.24.3 Strategies for Company to Deal with the Impact of COVID-19
3.24.4 Tele Radio Sales, Value, Price, Gross Margin 2016-2021
3.25 FSL Electronics Ltd Market Performance Analysis
3.25.1 FSL Electronics Ltd Basic Information
3.25.2 Product and Service Analysis
3.25.3 Strategies for Company to Deal with the Impact of COVID-19
3.25.4 FSL Electronics Ltd Sales, Value, Price, Gross Margin 2016-2021
3.26 DewertOkin GmbH Market Performance Analysis
3.26.1 DewertOkin GmbH Basic Information
3.26.2 Product and Service Analysis
3.26.3 Strategies for Company to Deal with the Impact of COVID-19
3.26.4 DewertOkin GmbH Sales, Value, Price, Gross Margin 2016-2021
3.27 Moteck Electric Corp Market Performance Analysis
3.27.1 Moteck Electric Corp Basic Information
3.27.2 Product and Service Analysis
3.27.3 Strategies for Company to Deal with the Impact of COVID-19
3.27.4 Moteck Electric Corp Sales, Value, Price, Gross Margin 2016-2021
3.28 NUOVA CEVA Automation Market Performance Analysis
3.28.1 NUOVA CEVA Automation Basic Information
3.28.2 Product and Service Analysis
3.28.3 Strategies for Company to Deal with the Impact of COVID-19
3.28.4 NUOVA CEVA Automation Sales, Value, Price, Gross Margin 2016-2021
3.29 SELCO Market Performance Analysis
3.29.1 SELCO Basic Information
3.29.2 Product and Service Analysis
3.29.3 Strategies for Company to Deal with the Impact of COVID-19
3.29.4 SELCO Sales, Value, Price, Gross Margin 2016-2021
3.30 IMET Radio Remote Control Market Performance Analysis
3.30.1 IMET Radio Remote Control Basic Information
3.30.2 Product and Service Analysis
3.30.3 Strategies for Company to Deal with the Impact of COVID-19
3.30.4 IMET Radio Remote Control Sales, Value, Price, Gross Margin 2016-2021
4 Market Segment by Type, Historical Data and Market Forecasts
4.1 Global Remote Control Production and Value by Type
4.1.1 Global Remote Control Production by Type 2016-2021
4.1.2 Global Remote Control Market Value by Type 2016-2021
4.2 Global Remote Control Market Production, Value and Growth Rate by Type 2016-2021
4.2.1 Remote Radio Control Market Production, Value and Growth Rate
4.2.2 Opto Control Market Production, Value and Growth Rate
4.2.3 Infrared Control Market Production, Value and Growth Rate
4.2.4 Others Market Production, Value and Growth Rate
4.3 Global Remote Control Production and Value Forecast by Type
4.3.1 Global Remote Control Production Forecast by Type 2021-2026
4.3.2 Global Remote Control Market Value Forecast by Type 2021-2026
4.4 Global Remote Control Market Production, Value and Growth Rate by Type Forecast 2021-2026
4.4.1 Remote Radio Control Market Production, Value and Growth Rate Forecast
4.4.2 Opto Control Market Production, Value and Growth Rate Forecast
4.4.3 Infrared Control Market Production, Value and Growth Rate Forecast
4.4.4 Others Market Production, Value and Growth Rate Forecast
5 Market Segment by Application, Historical Data and Market Forecasts
5.1 Global Remote Control Consumption and Value by Application
5.1.1 Global Remote Control Consumption by Application 2016-2021
5.1.2 Global Remote Control Market Value by Application 2016-2021
5.2 Global Remote Control Market Consumption, Value and Growth Rate by Application 2016-2021
5.2.1 Industrial Market Consumption, Value and Growth Rate
5.2.2 Actuators Market Consumption, Value and Growth Rate
5.2.3 Cranes Market Consumption, Value and Growth Rate
5.2.4 Lifting Equipment Market Consumption, Value and Growth Rate
5.2.5 Other Market Consumption, Value and Growth Rate
5.3 Global Remote Control Consumption and Value Forecast by Application
5.3.1 Global Remote Control Consumption Forecast by Application 2021-2026
5.3.2 Global Remote Control Market Value Forecast by Application 2021-2026
5.4 Global Remote Control Market Consumption, Value and Growth Rate by Application Forecast 2021-2026
5.4.1 Industrial Market Consumption, Value and Growth Rate Forecast
5.4.2 Actuators Market Consumption, Value and Growth Rate Forecast
5.4.3 Cranes Market Consumption, Value and Growth Rate Forecast
5.4.4 Lifting Equipment Market Consumption, Value and Growth Rate Forecast
5.4.5 Other Market Consumption, Value and Growth Rate Forecast
6 Global Remote Control by Region, Historical Data and Market Forecasts
6.1 Global Remote Control Sales by Region 2016-2021
6.2 Global Remote Control Market Value by Region 2016-2021
6.3 Global Remote Control 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 Remote Control Sales Forecast by Region 2021-2026
6.5 Global Remote Control Market Value Forecast by Region 2021-2026
6.6 Global Remote Control Market Sales, Value and Growth Rate Forecast by Region 2021-2026
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 2016-2026
7.1 United State Remote Control Value and Market Growth 2016-2021
7.2 United State Remote Control Sales and Market Growth 2016-2021
7.3 United State Remote Control Market Value Forecast 2021-2026
8 Canada Market Size Analysis 2016-2026
8.1 Canada Remote Control Value and Market Growth 2016-2021
8.2 Canada Remote Control Sales and Market Growth 2016-2021
8.3 Canada Remote Control Market Value Forecast 2021-2026
9 Germany Market Size Analysis 2016-2026
9.1 Germany Remote Control Value and Market Growth 2016-2021
9.2 Germany Remote Control Sales and Market Growth 2016-2021
9.3 Germany Remote Control Market Value Forecast 2021-2026
10 UK Market Size Analysis 2016-2026
10.1 UK Remote Control Value and Market Growth 2016-2021
10.2 UK Remote Control Sales and Market Growth 2016-2021
10.3 UK Remote Control Market Value Forecast 2021-2026
11 France Market Size Analysis 2016-2026
11.1 France Remote Control Value and Market Growth 2016-2021
11.2 France Remote Control Sales and Market Growth 2016-2021
11.3 France Remote Control Market Value Forecast 2021-2026
12 Italy Market Size Analysis 2016-2026
12.1 Italy Remote Control Value and Market Growth 2016-2021
12.2 Italy Remote Control Sales and Market Growth 2016-2021
12.3 Italy Remote Control Market Value Forecast 2021-2026
13 Spain Market Size Analysis 2016-2026
13.1 Spain Remote Control Value and Market Growth 2016-2021
13.2 Spain Remote Control Sales and Market Growth 2016-2021
13.3 Spain Remote Control Market Value Forecast 2021-2026
14 Russia Market Size Analysis 2016-2026
14.1 Russia Remote Control Value and Market Growth 2016-2021
14.2 Russia Remote Control Sales and Market Growth 2016-2021
14.3 Russia Remote Control Market Value Forecast 2021-2026
15 China Market Size Analysis 2016-2026
15.1 China Remote Control Value and Market Growth 2016-2021
15.2 China Remote Control Sales and Market Growth 2016-2021
15.3 China Remote Control Market Value Forecast 2021-2026
16 Japan Market Size Analysis 2016-2026
16.1 Japan Remote Control Value and Market Growth 2016-2021
16.2 Japan Remote Control Sales and Market Growth 2016-2021
16.3 Japan Remote Control Market Value Forecast 2021-2026
17 South Korea Market Size Analysis 2016-2026
17.1 South Korea Remote Control Value and Market Growth 2016-2021
17.2 South Korea Remote Control Sales and Market Growth 2016-2021
17.3 South Korea Remote Control Market Value Forecast 2021-2026
18 Australia Market Size Analysis 2016-2026
18.1 Australia Remote Control Value and Market Growth 2016-2021
18.2 Australia Remote Control Sales and Market Growth 2016-2021
18.3 Australia Remote Control Market Value Forecast 2021-2026
19 Thailand Market Size Analysis 2016-2026
19.1 Thailand Remote Control Value and Market Growth 2016-2021
19.2 Thailand Remote Control Sales and Market Growth 2016-2021
19.3 Thailand Remote Control Market Value Forecast 2021-2026
20 Brazil Market Size Analysis 2016-2026
20.1 Brazil Remote Control Value and Market Growth 2016-2021
20.2 Brazil Remote Control Sales and Market Growth 2016-2021
20.3 Brazil Remote Control Market Value Forecast 2021-2026
21 Argentina Market Size Analysis 2016-2026
21.1 Argentina Remote Control Value and Market Growth 2016-2021
21.2 Argentina Remote Control Sales and Market Growth 2016-2021
21.3 Argentina Remote Control Market Value Forecast 2021-2026
22 Chile Market Size Analysis 2016-2026
22.1 Chile Remote Control Value and Market Growth 2016-2021
22.2 Chile Remote Control Sales and Market Growth 2016-2021
22.3 Chile Remote Control Market Value Forecast 2021-2026
23 South Africa Market Size Analysis 2016-2026
23.1 South Africa Remote Control Value and Market Growth 2016-2021
23.2 South Africa Remote Control Sales and Market Growth 2016-2021
23.3 South Africa Remote Control Market Value Forecast 2021-2026
24 Egypt Market Size Analysis 2016-2026
24.1 Egypt Remote Control Value and Market Growth 2016-2021
24.2 Egypt Remote Control Sales and Market Growth 2016-2021
24.3 Egypt Remote Control Market Value Forecast 2021-2026
25 UAE Market Size Analysis 2016-2026
25.1 UAE Remote Control Value and Market Growth 2016-2021
25.2 UAE Remote Control Sales and Market Growth 2016-2021
25.3 UAE Remote Control Market Value Forecast 2021-2026
26 Saudi Arabia Market Size Analysis 2016-2026
26.1 Saudi Arabia Remote Control Value and Market Growth 2016-2021
26.2 Saudi Arabia Remote Control Sales and Market Growth 2016-2021
26.3 Saudi Arabia Remote Control Market Value Forecast 2021-2026
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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Market Research Process
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To mitigate risks that can impact project success, we deploy the follow project delivery best practices:
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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).
Solution
The overall study was executed in three stages, intending to help the client meet its objective of precisely understanding the entire market before deciding on an investment. At first, secondary research was conducted considering political, economic, social, and technological parameters to get a gist of the various aspects of the market. This stage of the study concluded with the derivation of drivers, opportunities, and challenges. It also laid substantial emphasis on understanding and collecting data not only on a global scale but also on the regional and country levels. Data Extraction through Primary Research
The second stage involved primary research in which several market players and automotive parts suppliers were contacted to study their viewpoint concerning the development of their market and production capacity, clientele, and product line. This stage concluded in a brief understanding of the competitive ecosystem and also glanced through the strategies and pricing of the companies profiled.
Market Estimates and Forecast
In the final stage of the study, market forecasts for the electric utility were derived using multiple market engineering approaches. This data helped the client to get an overview of the market and accelerate the process of investment.
Case Study- ICT Sector
Business process outsourcing, being one of the lucrative markets from both supply- and demand- side, has appealed to various companies. One of the prominent corporations based out of Japan approached us with their requirements regarding the scope of the procurement outsourcing market for around 50 countries. Additionally, the client also sought key players operating in the market and their revenue breakdown in terms of region and application.
Business Solution
An exhaustive market study was conducted based on primary and secondary research that involved factors such as labor costs in various countries, skilled and technical labors, manufacturing scenario, and their respective contributions in the global GDP. A comparative study of the market was conducted from both supply- and demand side, with the supply-side comprising of notable companies, such as GEP, Accenture, and others, that provide these services. On the other hand, large manufacturing companies from them demand-side were considered that opt for these services.
Conclusion
The report aided the client in understanding the market trends, including country-level business scenarios, consumer behavior, and trends in 50 countries. The report also provided financial insights of crucial players and detailed market estimations and forecasts till 2028.
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