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Global Petroleum Bitumen Market Size By Segmentations, Top Key Players, Trend, Future Development & Forecast 2024-2035

  • PUBLISHED ON
  • 11/23/2022
  • NO OF PAGES
  • 205
  • CATEGORY
  • Chemicals & Materials
The competitive landscape analysis of Petroleum Bitumen Market uncovers detailed company profiles, revenue shares, portfolio innovations, regional product footprint, key developmental strategies, pricing structure, target markets, and near-term plans of market leaders. This entire section helps readers gain an essence of what is driving competition and what would help them stand out to win new target markets.

Market estimates and forecast are backed by an extensive primary research, further complemented by on-point secondary research of Petroleum Bitumen Market. The research analysts have invested significant time and effort in gathering critical industry information from KIPs such as OEMs, top suppliers and distributors, and government bodies.

Market Segmentations:
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2022 to 2030. by Application segment also provides consumption during the forecast period of 2022 to 2030. Understanding the segments helps in identifying the importance of different factors that aid the market growth.


Global Petroleum Bitumen Market: By Types
Construction Asphalt
Road Asphalt
Others

Global Petroleum Bitumen Market: By Applications
Road
Construction
Others

Global Petroleum Bitumen Market: Top Key Players
CNPC
SINOPEC
CNOOC
Rosneft Oil
Gazprom Neft
Lukoil
BPCL
IOCL
HPCL
SK
S-Oil
Shell
Exxon Mobil
Pertamina
TIPCO
LOTOS
Marathon Oil
KoçHolding
CRH
Nynas
ConocoPhillips
Suncor Energy
POC
Petrobrás
NuStar Energy
Valero Energy
Pemex
Cepsa
Husky Energy
Total

Global Petroleum Bitumen Market: Regions
North America
Europe
China
Japan

Global Petroleum Bitumen Market: Regions/Countries
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E


Global Petroleum Bitumen Market: Market Size Estimation
Both the top-down and bottom-up approaches were used to estimate and validate the size of the market and to estimate the size of various other dependent sub-markets of various marketspaces. The key players in the markets are identified through secondary research, and their market contributions in different applications across regions and globally were determined through primary and secondary research. This entire process included the study of the annual and financial reports of the top market players and extensive interviews for key insights with industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares, splits, and breakdowns were determined using secondary sources and verified through primary sources. All the possible parameters that affect the market covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analysed to arrive at the final quantitative and qualitative data. This data has been consolidated, and detailed inputs and analysis from Analytics Market Research added before being presented in this report.

Reasons to Purchase Petroleum Bitumen Market Report
• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
• Provision of market value (USD Billion) data for each segment and sub-segment
• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
• The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
• Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis
• Provides insight into the market through Value Chain
• Market dynamics scenario, along with growth opportunities of the market in the years to come

Frequently Asked Questions
• What is the market size and growth projections?
• What is the market size and growth projection for each of the market segments and sub-segments across Countries & Regions?
• What are the top performing segments, and countries / regions of each of the markets?
• What is the market size and growth rate across key countries / regions?
• How big is the global & regional market in terms of revenue and volume?
• How far market will grow in forecast period in terms of revenue and volume?
• What factors will influence demand and supply trends across each markets during the forecast period?
• What are the technology trends shaping various markets?
• Which country / region has more opportunities?
• What is the COVID-19 impact on the market and how long will it take to recover?
• Who are the key competitors of market Players?
• What are the market share (%) of Key Players?
• What are the Merger & Acquisition, New Product Launch, Recent Development within each of the Markets?
• What are PEST analysis, Ecosystem Analysis, Porter's Five Forecast Analysis, Ansoff Matrix, and SWOT Analysis among other analyses for diverse markets?
Base Year: 2023
Historic Year: 2016-2022
Forecast: 2024-2035
1 Petroleum Bitumen Market Overview
1.1 Product Overview and Scope of Petroleum Bitumen
1.2 Petroleum Bitumen Segment by Type
1.2.1 Global Petroleum Bitumen Market Size Growth Rate Analysis by Type 2022 VS 2030
1.2.2 Construction Asphalt
1.2.3 Road Asphalt
1.2.4 Others
1.3 Petroleum Bitumen Segment by Application
1.3.1 Global Petroleum Bitumen Consumption Comparison by Application: 2016 VS 2021 VS 2030
1.3.2 Road
1.3.3 Construction
1.3.4 Others
1.4 Global Market Growth Prospects
1.4.1 Global Petroleum Bitumen Revenue Estimates and Forecasts (2016-2030)
1.4.2 Global Petroleum Bitumen Production Capacity Estimates and Forecasts (2016-2030)
1.4.3 Global Petroleum Bitumen Production Estimates and Forecasts (2016-2030)
1.5 Global Petroleum Bitumen Market by Region
1.5.1 Global Petroleum Bitumen Market Size Estimates and Forecasts by Region: 2016 VS 2021 VS 2030
1.5.2 North America Petroleum Bitumen Estimates and Forecasts (2016-2030)
1.5.3 Europe Petroleum Bitumen Estimates and Forecasts (2016-2030)
1.5.5 China Petroleum Bitumen Estimates and Forecasts (2016-2030)
1.5.5 Japan Petroleum Bitumen Estimates and Forecasts (2016-2030)

2 Market Competition by Manufacturers
2.1 Global Petroleum Bitumen Production Capacity Market Share by Manufacturers (2016-2021)
2.2 Global Petroleum Bitumen Revenue Market Share by Manufacturers (2016-2021)
2.3 Petroleum Bitumen Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.4 Global Petroleum Bitumen Average Price by Manufacturers (2016-2021)
2.5 Manufacturers Petroleum Bitumen Production Sites, Area Served, Product Types
2.6 Petroleum Bitumen Market Competitive Situation and Trends
2.6.1 Petroleum Bitumen Market Concentration Rate
2.6.2 Global 5 and 10 Largest Petroleum Bitumen Players Market Share by Revenue
2.6.3 Mergers & Acquisitions, Expansion

3 Production and Capacity by Region
3.1 Global Production Capacity of Petroleum Bitumen Market Share by Region (2016-2021)
3.2 Global Petroleum Bitumen Revenue Market Share by Region (2016-2021)
3.3 Global Petroleum Bitumen Production, Revenue, Price and Gross Margin (2016-2021)
3.4 North America Petroleum Bitumen Production
3.4.1 North America Petroleum Bitumen Production Growth Rate (2016-2021)
3.4.2 North America Petroleum Bitumen Production Capacity, Revenue, Price and Gross Margin (2016-2021)
3.5 Europe Petroleum Bitumen Production
3.5.1 Europe Petroleum Bitumen Production Growth Rate (2016-2021)
3.5.2 Europe Petroleum Bitumen Production Capacity, Revenue, Price and Gross Margin (2016-2021)
3.6 China Petroleum Bitumen Production
3.6.1 China Petroleum Bitumen Production Growth Rate (2016-2021)
3.6.2 China Petroleum Bitumen Production Capacity, Revenue, Price and Gross Margin (2016-2021)
3.7 Japan Petroleum Bitumen Production
3.7.1 Japan Petroleum Bitumen Production Growth Rate (2016-2021)
3.7.2 Japan Petroleum Bitumen Production Capacity, Revenue, Price and Gross Margin (2016-2021)

4 Global Petroleum Bitumen Consumption by Region
4.1 Global Petroleum Bitumen Consumption by Region
4.1.1 Global Petroleum Bitumen Consumption by Region
4.1.2 Global Petroleum Bitumen Consumption Market Share by Region
4.2 North America
4.2.1 North America Petroleum Bitumen Consumption by Country
4.2.2 U.S.
4.2.3 Canada
4.3 Europe
4.3.1 Europe Petroleum Bitumen Consumption by Country
4.3.2 Germany
4.3.3 France
4.3.4 U.K.
4.3.5 Italy
4.3.6 Russia
4.4 Asia Pacific
4.4.1 Asia Pacific Petroleum Bitumen Consumption by Region
4.4.2 China
4.4.3 Japan
4.4.4 South Korea
4.4.5 Taiwan
4.4.6 Southeast Asia
4.4.7 India
4.4.8 Australia
4.5 Latin America
4.5.1 Latin America Petroleum Bitumen Consumption by Country
4.5.2 Mexico
4.5.3 Brazil

5 Production, Revenue, Price Trend by Type
5.1 Global Petroleum Bitumen Production Market Share by Type (2016-2021)
5.2 Global Petroleum Bitumen Revenue Market Share by Type (2016-2021)
5.3 Global Petroleum Bitumen Price by Type (2016-2021)

6 Consumption Analysis by Application
6.1 Global Petroleum Bitumen Consumption Market Share by Application (2016-2021)
6.2 Global Petroleum Bitumen Consumption Growth Rate by Application (2016-2021)

7 Key Companies Profiled
7.1 CNPC
7.1.1 CNPC Petroleum Bitumen Corporation Information
7.1.2 CNPC Petroleum Bitumen Product Portfolio
7.1.3 CNPC Petroleum Bitumen Production Capacity, Revenue, Price and Gross Margin (2016-2021)
7.1.4 CNPC Main Business and Markets Served
7.1.5 CNPC Recent Developments/Updates
7.2 SINOPEC
7.2.1 SINOPEC Petroleum Bitumen Corporation Information
7.2.2 SINOPEC Petroleum Bitumen Product Portfolio
7.2.3 SINOPEC Petroleum Bitumen Production Capacity, Revenue, Price and Gross Margin (2016-2021)
7.2.4 SINOPEC Main Business and Markets Served
7.2.5 SINOPEC Recent Developments/Updates
7.3 CNOOC
7.3.1 CNOOC Petroleum Bitumen Corporation Information
7.3.2 CNOOC Petroleum Bitumen Product Portfolio
7.3.3 CNOOC Petroleum Bitumen Production Capacity, Revenue, Price and Gross Margin (2016-2021)
7.3.4 CNOOC Main Business and Markets Served
7.3.5 CNOOC Recent Developments/Updates
7.4 Rosneft Oil
7.4.1 Rosneft Oil Petroleum Bitumen Corporation Information
7.4.2 Rosneft Oil Petroleum Bitumen Product Portfolio
7.4.3 Rosneft Oil Petroleum Bitumen Production Capacity, Revenue, Price and Gross Margin (2016-2021)
7.4.4 Rosneft Oil Main Business and Markets Served
7.4.5 Rosneft Oil Recent Developments/Updates
7.5 Gazprom Neft
7.5.1 Gazprom Neft Petroleum Bitumen Corporation Information
7.5.2 Gazprom Neft Petroleum Bitumen Product Portfolio
7.5.3 Gazprom Neft Petroleum Bitumen Production Capacity, Revenue, Price and Gross Margin (2016-2021)
7.5.4 Gazprom Neft Main Business and Markets Served
7.5.5 Gazprom Neft Recent Developments/Updates
7.6 Lukoil
7.6.1 Lukoil Petroleum Bitumen Corporation Information
7.6.2 Lukoil Petroleum Bitumen Product Portfolio
7.6.3 Lukoil Petroleum Bitumen Production Capacity, Revenue, Price and Gross Margin (2016-2021)
7.6.4 Lukoil Main Business and Markets Served
7.6.5 Lukoil Recent Developments/Updates
7.7 BPCL
7.7.1 BPCL Petroleum Bitumen Corporation Information
7.7.2 BPCL Petroleum Bitumen Product Portfolio
7.7.3 BPCL Petroleum Bitumen Production Capacity, Revenue, Price and Gross Margin (2016-2021)
7.7.4 BPCL Main Business and Markets Served
7.7.5 BPCL Recent Developments/Updates
7.8 IOCL
7.8.1 IOCL Petroleum Bitumen Corporation Information
7.8.2 IOCL Petroleum Bitumen Product Portfolio
7.8.3 IOCL Petroleum Bitumen Production Capacity, Revenue, Price and Gross Margin (2016-2021)
7.8.4 IOCL Main Business and Markets Served
7.7.5 IOCL Recent Developments/Updates
7.9 HPCL
7.9.1 HPCL Petroleum Bitumen Corporation Information
7.9.2 HPCL Petroleum Bitumen Product Portfolio
7.9.3 HPCL Petroleum Bitumen Production Capacity, Revenue, Price and Gross Margin (2016-2021)
7.9.4 HPCL Main Business and Markets Served
7.9.5 HPCL Recent Developments/Updates
7.10 SK
7.10.1 SK Petroleum Bitumen Corporation Information
7.10.2 SK Petroleum Bitumen Product Portfolio
7.10.3 SK Petroleum Bitumen Production Capacity, Revenue, Price and Gross Margin (2016-2021)
7.10.4 SK Main Business and Markets Served
7.10.5 SK Recent Developments/Updates
7.11 S-Oil
7.11.1 S-Oil Petroleum Bitumen Corporation Information
7.11.2 S-Oil Petroleum Bitumen Product Portfolio
7.11.3 S-Oil Petroleum Bitumen Production Capacity, Revenue, Price and Gross Margin (2016-2021)
7.11.4 S-Oil Main Business and Markets Served
7.11.5 S-Oil Recent Developments/Updates
7.12 Shell
7.12.1 Shell Petroleum Bitumen Corporation Information
7.12.2 Shell Petroleum Bitumen Product Portfolio
7.12.3 Shell Petroleum Bitumen Production Capacity, Revenue, Price and Gross Margin (2016-2021)
7.12.4 Shell Main Business and Markets Served
7.12.5 Shell Recent Developments/Updates
7.13 Exxon Mobil
7.13.1 Exxon Mobil Petroleum Bitumen Corporation Information
7.13.2 Exxon Mobil Petroleum Bitumen Product Portfolio
7.13.3 Exxon Mobil Petroleum Bitumen Production Capacity, Revenue, Price and Gross Margin (2016-2021)
7.13.4 Exxon Mobil Main Business and Markets Served
7.13.5 Exxon Mobil Recent Developments/Updates
7.14 Pertamina
7.14.1 Pertamina Petroleum Bitumen Corporation Information
7.14.2 Pertamina Petroleum Bitumen Product Portfolio
7.14.3 Pertamina Petroleum Bitumen Production Capacity, Revenue, Price and Gross Margin (2016-2021)
7.14.4 Pertamina Main Business and Markets Served
7.14.5 Pertamina Recent Developments/Updates
7.15 TIPCO
7.15.1 TIPCO Petroleum Bitumen Corporation Information
7.15.2 TIPCO Petroleum Bitumen Product Portfolio
7.15.3 TIPCO Petroleum Bitumen Production Capacity, Revenue, Price and Gross Margin (2016-2021)
7.15.4 TIPCO Main Business and Markets Served
7.15.5 TIPCO Recent Developments/Updates
7.16 LOTOS
7.16.1 LOTOS Petroleum Bitumen Corporation Information
7.16.2 LOTOS Petroleum Bitumen Product Portfolio
7.16.3 LOTOS Petroleum Bitumen Production Capacity, Revenue, Price and Gross Margin (2016-2021)
7.16.4 LOTOS Main Business and Markets Served
7.16.5 LOTOS Recent Developments/Updates
7.17 Marathon Oil
7.17.1 Marathon Oil Petroleum Bitumen Corporation Information
7.17.2 Marathon Oil Petroleum Bitumen Product Portfolio
7.17.3 Marathon Oil Petroleum Bitumen Production Capacity, Revenue, Price and Gross Margin (2016-2021)
7.17.4 Marathon Oil Main Business and Markets Served
7.17.5 Marathon Oil Recent Developments/Updates
7.18 KoçHolding
7.18.1 KoçHolding Petroleum Bitumen Corporation Information
7.18.2 KoçHolding Petroleum Bitumen Product Portfolio
7.18.3 KoçHolding Petroleum Bitumen Production Capacity, Revenue, Price and Gross Margin (2016-2021)
7.18.4 KoçHolding Main Business and Markets Served
7.18.5 KoçHolding Recent Developments/Updates
7.19 CRH
7.19.1 CRH Petroleum Bitumen Corporation Information
7.19.2 CRH Petroleum Bitumen Product Portfolio
7.19.3 CRH Petroleum Bitumen Production Capacity, Revenue, Price and Gross Margin (2016-2021)
7.19.4 CRH Main Business and Markets Served
7.19.5 CRH Recent Developments/Updates
7.20 Nynas
7.20.1 Nynas Petroleum Bitumen Corporation Information
7.20.2 Nynas Petroleum Bitumen Product Portfolio
7.20.3 Nynas Petroleum Bitumen Production Capacity, Revenue, Price and Gross Margin (2016-2021)
7.20.4 Nynas Main Business and Markets Served
7.20.5 Nynas Recent Developments/Updates
7.21 ConocoPhillips
7.21.1 ConocoPhillips Petroleum Bitumen Corporation Information
7.21.2 ConocoPhillips Petroleum Bitumen Product Portfolio
7.21.3 ConocoPhillips Petroleum Bitumen Production Capacity, Revenue, Price and Gross Margin (2016-2021)
7.21.4 ConocoPhillips Main Business and Markets Served
7.21.5 ConocoPhillips Recent Developments/Updates
7.22 Suncor Energy
7.22.1 Suncor Energy Petroleum Bitumen Corporation Information
7.22.2 Suncor Energy Petroleum Bitumen Product Portfolio
7.22.3 Suncor Energy Petroleum Bitumen Production Capacity, Revenue, Price and Gross Margin (2016-2021)
7.22.4 Suncor Energy Main Business and Markets Served
7.22.5 Suncor Energy Recent Developments/Updates
7.23 POC
7.23.1 POC Petroleum Bitumen Corporation Information
7.23.2 POC Petroleum Bitumen Product Portfolio
7.23.3 POC Petroleum Bitumen Production Capacity, Revenue, Price and Gross Margin (2016-2021)
7.23.4 POC Main Business and Markets Served
7.23.5 POC Recent Developments/Updates
7.24 Petrobrás
7.24.1 Petrobrás Petroleum Bitumen Corporation Information
7.24.2 Petrobrás Petroleum Bitumen Product Portfolio
7.24.3 Petrobrás Petroleum Bitumen Production Capacity, Revenue, Price and Gross Margin (2016-2021)
7.24.4 Petrobrás Main Business and Markets Served
7.24.5 Petrobrás Recent Developments/Updates
7.25 NuStar Energy
7.25.1 NuStar Energy Petroleum Bitumen Corporation Information
7.25.2 NuStar Energy Petroleum Bitumen Product Portfolio
7.25.3 NuStar Energy Petroleum Bitumen Production Capacity, Revenue, Price and Gross Margin (2016-2021)
7.25.4 NuStar Energy Main Business and Markets Served
7.25.5 NuStar Energy Recent Developments/Updates
7.26 Valero Energy
7.26.1 Valero Energy Petroleum Bitumen Corporation Information
7.26.2 Valero Energy Petroleum Bitumen Product Portfolio
7.26.3 Valero Energy Petroleum Bitumen Production Capacity, Revenue, Price and Gross Margin (2016-2021)
7.26.4 Valero Energy Main Business and Markets Served
7.26.5 Valero Energy Recent Developments/Updates
7.27 Pemex
7.27.1 Pemex Petroleum Bitumen Corporation Information
7.27.2 Pemex Petroleum Bitumen Product Portfolio
7.27.3 Pemex Petroleum Bitumen Production Capacity, Revenue, Price and Gross Margin (2016-2021)
7.27.4 Pemex Main Business and Markets Served
7.27.5 Pemex Recent Developments/Updates
7.28 Cepsa
7.28.1 Cepsa Petroleum Bitumen Corporation Information
7.28.2 Cepsa Petroleum Bitumen Product Portfolio
7.28.3 Cepsa Petroleum Bitumen Production Capacity, Revenue, Price and Gross Margin (2016-2021)
7.28.4 Cepsa Main Business and Markets Served
7.28.5 Cepsa Recent Developments/Updates
7.29 Husky Energy
7.29.1 Husky Energy Petroleum Bitumen Corporation Information
7.29.2 Husky Energy Petroleum Bitumen Product Portfolio
7.29.3 Husky Energy Petroleum Bitumen Production Capacity, Revenue, Price and Gross Margin (2016-2021)
7.29.4 Husky Energy Main Business and Markets Served
7.29.5 Husky Energy Recent Developments/Updates
7.30 Total
7.30.1 Total Petroleum Bitumen Corporation Information
7.30.2 Total Petroleum Bitumen Product Portfolio
7.30.3 Total Petroleum Bitumen Production Capacity, Revenue, Price and Gross Margin (2016-2021)
7.30.4 Total Main Business and Markets Served
7.30.5 Total Recent Developments/Updates

8 Petroleum Bitumen Manufacturing Cost Analysis
8.1 Petroleum Bitumen Key Raw Materials Analysis
8.1.1 Key Raw Materials
8.1.2 Key Raw Materials Price Trend
8.1.3 Key Suppliers of Raw Materials
8.2 Proportion of Manufacturing Cost Structure
8.3 Manufacturing Process Analysis of Petroleum Bitumen
8.4 Petroleum Bitumen Industrial Chain Analysis

9 Marketing Channel, Distributors and Customers
9.1 Marketing Channel
9.2 Petroleum Bitumen Distributors List
9.3 Petroleum Bitumen Customers

10 Market Dynamics
10.1 Petroleum Bitumen Industry Trends
10.2 Petroleum Bitumen Growth Drivers
10.3 Petroleum Bitumen Market Challenges
10.4 Petroleum Bitumen Market Restraints

11 Production and Supply Forecast
11.1 Global Forecasted Production of Petroleum Bitumen by Region (2022-2030)
11.2 North America Petroleum Bitumen Production, Revenue Forecast (2022-2030)
11.3 Europe Petroleum Bitumen Production, Revenue Forecast (2022-2030)
11.4 China Petroleum Bitumen Production, Revenue Forecast (2022-2030)
11.5 Japan Petroleum Bitumen Production, Revenue Forecast (2022-2030)

12 Consumption and Demand Forecast
12.1 Global Forecasted Demand Analysis of Petroleum Bitumen
12.2 North America Forecasted Consumption of Petroleum Bitumen by Country
12.3 Europe Market Forecasted Consumption of Petroleum Bitumen by Country
12.4 Asia Pacific Market Forecasted Consumption of Petroleum Bitumen by Region
12.5 Latin America Forecasted Consumption of Petroleum Bitumen by Country
13 Forecast by Type and by Application (2022-2030)
13.1 Global Production, Revenue and Price Forecast by Type (2022-2030)
13.1.1 Global Forecasted Production of Petroleum Bitumen by Type (2022-2030)
13.1.2 Global Forecasted Revenue of Petroleum Bitumen by Type (2022-2030)
13.1.3 Global Forecasted Price of Petroleum Bitumen by Type (2022-2030)
13.2 Global Forecasted Consumption of Petroleum Bitumen by Application (2022-2030)
14 Research Finding and Conclusion

15 Methodology and Data Source
15.1 Methodology/Research Approach
15.1.1 Research Programs/Design
15.1.2 Market Size Estimation
15.1.3 Market Breakdown and Data Triangulation
15.2 Data Source
15.2.1 Secondary Sources
15.2.2 Primary Sources
15.3 Author List
15.4 Disclaimer

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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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