Global Smart Home Systems Market Size, Industry Analysis By Segmentations, Top Key Players, Trends, Future Development & Forecast 2024-2035
- PUBLISHED ON
- 9/22/2022
- NO OF PAGES
- 272
- CATEGORY
- Retails & Consumer
The Smart Home Systems market report is a perfect foundation for people looking out for a comprehensive study and analysis of the Smart Home Systems market. On the basis of historic growth analysis and current scenario of Smart Home Systems market place, the report intends to offer actionable insights and outlook on global / regional 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 tool that facilitate deeper understanding of multiple aspects of global Smart Home Systems market. These further helps users with their developmental strategy.
This report examines all the key factors influencing growth of global Smart Home Systems market, including demand-supply scenario, pricing structure, profit margins, production and value chain / ecosystem analysis. Regional assessment of global Smart Home Systems 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 Smart Home Systems Market: Major Players
Eaton Corporation
Synapse Wireless
Acuity Brands Lighting Inc.
Legrand SA
Osram Licht AG
Lennox
Lifi Labs Inc.
Wipro Consumer Lighting (Wipro Limited)
Trane
Honeywell
General Electric Company
HARMAN
Invoxia
Ecobee
Daikin
Syska LED Lights Pvt Limited
Cree Inc.
Fabriq
Koninklijke Philips NV
Nest
Sensus (Xylem)
Jam Audio
Global Smart Home Systems Market: By Types
Smart Thermostats
Smart Voice Assistants
Smart Lighting
Smart Smoke/Co2 Detectors/Fire Sensors
Smart Leak Detectors
Smart Security Systems
Global Smart Home Systems Market: By Applications
Family Home
Business Place
Others
Global Smart Home Systems 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 Smart Home Systems 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.
Global Smart Home Systems 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.
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: 2023This report examines all the key factors influencing growth of global Smart Home Systems market, including demand-supply scenario, pricing structure, profit margins, production and value chain / ecosystem analysis. Regional assessment of global Smart Home Systems 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 Smart Home Systems Market: Major Players
Eaton Corporation
Synapse Wireless
Acuity Brands Lighting Inc.
Legrand SA
Osram Licht AG
Lennox
Lifi Labs Inc.
Wipro Consumer Lighting (Wipro Limited)
Trane
Honeywell
General Electric Company
HARMAN
Invoxia
Ecobee
Daikin
Syska LED Lights Pvt Limited
Cree Inc.
Fabriq
Koninklijke Philips NV
Nest
Sensus (Xylem)
Jam Audio
Global Smart Home Systems Market: By Types
Smart Thermostats
Smart Voice Assistants
Smart Lighting
Smart Smoke/Co2 Detectors/Fire Sensors
Smart Leak Detectors
Smart Security Systems
Global Smart Home Systems Market: By Applications
Family Home
Business Place
Others
Global Smart Home Systems 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 Smart Home Systems 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.
Global Smart Home Systems 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.
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?
Historic Year: 2016-2022
Forecast: 2024-2035
1 Smart Home Systems Market Definition and Overview
1.1 Objectives of the Study
1.2 Overview of Smart Home Systems
1.3 Smart Home Systems Market Scope and Market Size Estimation
1.4 Market Segmentation
1.4.1 Types of Smart Home Systems
1.4.2 Applications of Smart Home Systems
1.5 Market Exchange Rate
2 Research Method and Logic
2.1 Methodology
2.2 Research Data Source
3 Market Competition Analysis
3.1 Eaton Corporation Market Performance Analysis
3.1.1 Eaton Corporation 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 Eaton Corporation Sales, Value, Price, Gross Margin 2016-2021
3.2 Synapse Wireless Market Performance Analysis
3.2.1 Synapse Wireless 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 Synapse Wireless Sales, Value, Price, Gross Margin 2016-2021
3.3 Acuity Brands Lighting Inc. Market Performance Analysis
3.3.1 Acuity Brands Lighting Inc. 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 Acuity Brands Lighting Inc. Sales, Value, Price, Gross Margin 2016-2021
3.4 Legrand SA Market Performance Analysis
3.4.1 Legrand SA 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 Legrand SA Sales, Value, Price, Gross Margin 2016-2021
3.5 Osram Licht AG Market Performance Analysis
3.5.1 Osram Licht AG 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 Osram Licht AG Sales, Value, Price, Gross Margin 2016-2021
3.6 Lennox Market Performance Analysis
3.6.1 Lennox 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 Lennox Sales, Value, Price, Gross Margin 2016-2021
3.7 Lifi Labs Inc. Market Performance Analysis
3.7.1 Lifi Labs Inc. 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 Lifi Labs Inc. Sales, Value, Price, Gross Margin 2016-2021
3.8 Wipro Consumer Lighting (Wipro Limited) Market Performance Analysis
3.8.1 Wipro Consumer Lighting (Wipro Limited) 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 Wipro Consumer Lighting (Wipro Limited) Sales, Value, Price, Gross Margin 2016-2021
3.9 Trane Market Performance Analysis
3.9.1 Trane 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 Trane Sales, Value, Price, Gross Margin 2016-2021
3.10 Honeywell Market Performance Analysis
3.10.1 Honeywell 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 Honeywell Sales, Value, Price, Gross Margin 2016-2021
3.11 General Electric Company Market Performance Analysis
3.11.1 General Electric Company 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 General Electric Company Sales, Value, Price, Gross Margin 2016-2021
3.12 HARMAN Market Performance Analysis
3.12.1 HARMAN 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 HARMAN Sales, Value, Price, Gross Margin 2016-2021
3.13 Invoxia Market Performance Analysis
3.13.1 Invoxia 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 Invoxia Sales, Value, Price, Gross Margin 2016-2021
3.14 Ecobee Market Performance Analysis
3.14.1 Ecobee 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 Ecobee Sales, Value, Price, Gross Margin 2016-2021
3.15 Daikin Market Performance Analysis
3.15.1 Daikin 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 Daikin Sales, Value, Price, Gross Margin 2016-2021
3.16 Syska LED Lights Pvt Limited Market Performance Analysis
3.16.1 Syska LED Lights Pvt Limited 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 Syska LED Lights Pvt Limited Sales, Value, Price, Gross Margin 2016-2021
3.17 Cree Inc. Market Performance Analysis
3.17.1 Cree Inc. 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 Cree Inc. Sales, Value, Price, Gross Margin 2016-2021
3.18 Fabriq Market Performance Analysis
3.18.1 Fabriq 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 Fabriq Sales, Value, Price, Gross Margin 2016-2021
3.19 Koninklijke Philips NV Market Performance Analysis
3.19.1 Koninklijke Philips NV 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 Koninklijke Philips NV Sales, Value, Price, Gross Margin 2016-2021
3.20 Nest Market Performance Analysis
3.20.1 Nest 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 Nest Sales, Value, Price, Gross Margin 2016-2021
3.21 Sensus (Xylem) Market Performance Analysis
3.21.1 Sensus (Xylem) 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 Sensus (Xylem) Sales, Value, Price, Gross Margin 2016-2021
3.22 Jam Audio Market Performance Analysis
3.22.1 Jam Audio 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 Jam Audio Sales, Value, Price, Gross Margin 2016-2021
4 Market Segment by Type, Historical Data and Market Forecasts
4.1 Global Smart Home Systems Production and Value by Type
4.1.1 Global Smart Home Systems Production by Type 2016-2021
4.1.2 Global Smart Home Systems Market Value by Type 2016-2021
4.2 Global Smart Home Systems Market Production, Value and Growth Rate by Type 2016-2021
4.2.1 Smart Thermostats Market Production, Value and Growth Rate
4.2.2 Smart Voice Assistants Market Production, Value and Growth Rate
4.2.3 Smart Lighting Market Production, Value and Growth Rate
4.2.4 Smart Smoke/Co2 Detectors/Fire Sensors Market Production, Value and Growth Rate
4.2.5 Smart Leak Detectors Market Production, Value and Growth Rate
4.2.6 Smart Security Systems Market Production, Value and Growth Rate
4.3 Global Smart Home Systems Production and Value Forecast by Type
4.3.1 Global Smart Home Systems Production Forecast by Type 2021-2026
4.3.2 Global Smart Home Systems Market Value Forecast by Type 2021-2026
4.4 Global Smart Home Systems Market Production, Value and Growth Rate by Type Forecast 2021-2026
4.4.1 Smart Thermostats Market Production, Value and Growth Rate Forecast
4.4.2 Smart Voice Assistants Market Production, Value and Growth Rate Forecast
4.4.3 Smart Lighting Market Production, Value and Growth Rate Forecast
4.4.4 Smart Smoke/Co2 Detectors/Fire Sensors Market Production, Value and Growth Rate Forecast
4.4.5 Smart Leak Detectors Market Production, Value and Growth Rate Forecast
4.4.6 Smart Security Systems Market Production, Value and Growth Rate Forecast
5 Market Segment by Application, Historical Data and Market Forecasts
5.1 Global Smart Home Systems Consumption and Value by Application
5.1.1 Global Smart Home Systems Consumption by Application 2016-2021
5.1.2 Global Smart Home Systems Market Value by Application 2016-2021
5.2 Global Smart Home Systems Market Consumption, Value and Growth Rate by Application 2016-2021
5.2.1 Family Home Market Consumption, Value and Growth Rate
5.2.2 Business Place Market Consumption, Value and Growth Rate
5.2.3 Others Market Consumption, Value and Growth Rate
5.3 Global Smart Home Systems Consumption and Value Forecast by Application
5.3.1 Global Smart Home Systems Consumption Forecast by Application 2021-2026
5.3.2 Global Smart Home Systems Market Value Forecast by Application 2021-2026
5.4 Global Smart Home Systems Market Consumption, Value and Growth Rate by Application Forecast 2021-2026
5.4.1 Family Home Market Consumption, Value and Growth Rate Forecast
5.4.2 Business Place Market Consumption, Value and Growth Rate Forecast
5.4.3 Others Market Consumption, Value and Growth Rate Forecast
6 Global Smart Home Systems by Region, Historical Data and Market Forecasts
6.1 Global Smart Home Systems Sales by Region 2016-2021
6.2 Global Smart Home Systems Market Value by Region 2016-2021
6.3 Global Smart Home Systems 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 Smart Home Systems Sales Forecast by Region 2021-2026
6.5 Global Smart Home Systems Market Value Forecast by Region 2021-2026
6.6 Global Smart Home Systems 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 Smart Home Systems Value and Market Growth 2016-2021
7.2 United State Smart Home Systems Sales and Market Growth 2016-2021
7.3 United State Smart Home Systems Market Value Forecast 2021-2026
8 Canada Market Size Analysis 2016-2026
8.1 Canada Smart Home Systems Value and Market Growth 2016-2021
8.2 Canada Smart Home Systems Sales and Market Growth 2016-2021
8.3 Canada Smart Home Systems Market Value Forecast 2021-2026
9 Germany Market Size Analysis 2016-2026
9.1 Germany Smart Home Systems Value and Market Growth 2016-2021
9.2 Germany Smart Home Systems Sales and Market Growth 2016-2021
9.3 Germany Smart Home Systems Market Value Forecast 2021-2026
10 UK Market Size Analysis 2016-2026
10.1 UK Smart Home Systems Value and Market Growth 2016-2021
10.2 UK Smart Home Systems Sales and Market Growth 2016-2021
10.3 UK Smart Home Systems Market Value Forecast 2021-2026
11 France Market Size Analysis 2016-2026
11.1 France Smart Home Systems Value and Market Growth 2016-2021
11.2 France Smart Home Systems Sales and Market Growth 2016-2021
11.3 France Smart Home Systems Market Value Forecast 2021-2026
12 Italy Market Size Analysis 2016-2026
12.1 Italy Smart Home Systems Value and Market Growth 2016-2021
12.2 Italy Smart Home Systems Sales and Market Growth 2016-2021
12.3 Italy Smart Home Systems Market Value Forecast 2021-2026
13 Spain Market Size Analysis 2016-2026
13.1 Spain Smart Home Systems Value and Market Growth 2016-2021
13.2 Spain Smart Home Systems Sales and Market Growth 2016-2021
13.3 Spain Smart Home Systems Market Value Forecast 2021-2026
14 Russia Market Size Analysis 2016-2026
14.1 Russia Smart Home Systems Value and Market Growth 2016-2021
14.2 Russia Smart Home Systems Sales and Market Growth 2016-2021
14.3 Russia Smart Home Systems Market Value Forecast 2021-2026
15 China Market Size Analysis 2016-2026
15.1 China Smart Home Systems Value and Market Growth 2016-2021
15.2 China Smart Home Systems Sales and Market Growth 2016-2021
15.3 China Smart Home Systems Market Value Forecast 2021-2026
16 Japan Market Size Analysis 2016-2026
16.1 Japan Smart Home Systems Value and Market Growth 2016-2021
16.2 Japan Smart Home Systems Sales and Market Growth 2016-2021
16.3 Japan Smart Home Systems Market Value Forecast 2021-2026
17 South Korea Market Size Analysis 2016-2026
17.1 South Korea Smart Home Systems Value and Market Growth 2016-2021
17.2 South Korea Smart Home Systems Sales and Market Growth 2016-2021
17.3 South Korea Smart Home Systems Market Value Forecast 2021-2026
18 Australia Market Size Analysis 2016-2026
18.1 Australia Smart Home Systems Value and Market Growth 2016-2021
18.2 Australia Smart Home Systems Sales and Market Growth 2016-2021
18.3 Australia Smart Home Systems Market Value Forecast 2021-2026
19 Thailand Market Size Analysis 2016-2026
19.1 Thailand Smart Home Systems Value and Market Growth 2016-2021
19.2 Thailand Smart Home Systems Sales and Market Growth 2016-2021
19.3 Thailand Smart Home Systems Market Value Forecast 2021-2026
20 Brazil Market Size Analysis 2016-2026
20.1 Brazil Smart Home Systems Value and Market Growth 2016-2021
20.2 Brazil Smart Home Systems Sales and Market Growth 2016-2021
20.3 Brazil Smart Home Systems Market Value Forecast 2021-2026
21 Argentina Market Size Analysis 2016-2026
21.1 Argentina Smart Home Systems Value and Market Growth 2016-2021
21.2 Argentina Smart Home Systems Sales and Market Growth 2016-2021
21.3 Argentina Smart Home Systems Market Value Forecast 2021-2026
22 Chile Market Size Analysis 2016-2026
22.1 Chile Smart Home Systems Value and Market Growth 2016-2021
22.2 Chile Smart Home Systems Sales and Market Growth 2016-2021
22.3 Chile Smart Home Systems Market Value Forecast 2021-2026
23 South Africa Market Size Analysis 2016-2026
23.1 South Africa Smart Home Systems Value and Market Growth 2016-2021
23.2 South Africa Smart Home Systems Sales and Market Growth 2016-2021
23.3 South Africa Smart Home Systems Market Value Forecast 2021-2026
24 Egypt Market Size Analysis 2016-2026
24.1 Egypt Smart Home Systems Value and Market Growth 2016-2021
24.2 Egypt Smart Home Systems Sales and Market Growth 2016-2021
24.3 Egypt Smart Home Systems Market Value Forecast 2021-2026
25 UAE Market Size Analysis 2016-2026
25.1 UAE Smart Home Systems Value and Market Growth 2016-2021
25.2 UAE Smart Home Systems Sales and Market Growth 2016-2021
25.3 UAE Smart Home Systems Market Value Forecast 2021-2026
26 Saudi Arabia Market Size Analysis 2016-2026
26.1 Saudi Arabia Smart Home Systems Value and Market Growth 2016-2021
26.2 Saudi Arabia Smart Home Systems Sales and Market Growth 2016-2021
26.3 Saudi Arabia Smart Home Systems 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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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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