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Global Fiber Reinforced Plastics (FRP) Market Analysis By Segmentations, Top Key Players, Geographical Expansion, Future Development & Forecast 2024-2035

  • PUBLISHED ON
  • 1/12/2023
  • NO OF PAGES
  • 266
  • CATEGORY
  • Chemicals & Materials
Fiber Reinforced Plastics (FRP) market report presents a global overview of market shares, size, statistics, trends, demand, revenue and growth opportunities by key players, regions and countries. This report offers a complete market overview during the past, present, and the forecast period till 2032 which helps to identify future opportunities, risk factors, growing areas. Report also highlight on recent developments, technological innovations, market affecting factors, demographics analysis, demand and supply chain which gives brief strategy of market growth during the forecast period. It also gives in-depth insights on SWOT and PESTLE analysis based on industry segmentations and regional developments.

Market Overview:
The report provides a basic overview of the industry including definitions, classifications, and industry chain structure. The Fiber Reinforced Plastics (FRP) market analysis is provided for the international markets including development trends, competitive landscape analysis, and key regions development status. Development policies and plans are discussed as well as manufacturing processes and cost structures are also analyzed. This report also states import/export consumption, supply and demand, price, revenue and gross margins.

Report Scope:
The primary and secondary research is done in order to access up-to-date government regulations, market information and industry data. Data were collected from the Fiber Reinforced Plastics (FRP) manufacturers, distributors, end users, industry associations, governments’ industry bureaus, industry publications, industry experts, third party database, and our in-house databases. The report combines extensive quantitative analysis and exhaustive qualitative analysis, ranges from a macro overview of the total market size, industry chain, and market dynamics to micro details of segment by type, application and region and as a result provides a holistic view of as well as a deep insight into the Fiber Reinforced Plastics (FRP) market covering all its essential aspects.

Global Fiber Reinforced Plastics (FRP) Market: Segmentations

Global Fiber Reinforced Plastics (FRP) Market: By Key Players
BASF
DuPont
Lanxess
DSM
SABIC
PolyOne
Hexion
Denka
Daicel
Evonik
Sumitomo Bakelite
Kingfa Science and Technology
Genius
Solvay
RTP
SI Group
Kolon
TenCate
Toray
Mitsubishi Rayon
Teijin
SGL
Hexcel

Global Fiber Reinforced Plastics (FRP) Market: By Types
Glass Fiber Type
Carbon Fiber Type
Aramid Fiber Type

Global Fiber Reinforced Plastics (FRP) Market: By Applications
Aerospace
Automotive
Electrical & Electronics
Construction



Global Fiber Reinforced Plastics (FRP) Market: Regional Analysis
The countries covered in the regional analysis of the Global Fiber Reinforced Plastics (FRP) 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 Benefits:
• The analysis provides an overview of the factors driving and limiting the growth of the market including trends, structure and others.
• Market estimation for type and geographic segments is derived from the current market scenario and expected market trends.
• Porter’s Five Force Model and SWOT analysis are used to study the global Fiber Reinforced Plastics (FRP) market and would help stakeholders make strategic decisions.
• The analysis assists in understanding the strategies adopted by the companies for the growth of this market.
• In-depth analysis of the types of Fiber Reinforced Plastics (FRP) would help in identifying future applications in this market.

Reasons to Purchase this 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
• 6-month post-sales analyst support

Objectives of the Study:
• To provide with an exhaustive analysis on the Fiber Reinforced Plastics (FRP) Market by Product, By Application, By End User and by Region.
• To cater comprehensive information on factors impacting market growth (drivers, restraints, opportunities, and industry-specific restraints)
• To evaluate and forecast micro-markets and the overall market
• To predict the market size, in key regions— North America, Europe, Asia Pacific, Latin America and Middle East and Africa.
• To record and evaluate competitive landscape mapping- product launches, technological advancements, mergers and expansions
Base Year: 2023
Historic Year: 2016-2022
Forecast: 2024-2035
1 Report Overview
1.1 Study Scope
1.2 Key Market Segments
1.3 Players Covered: Ranking by Fiber Reinforced Plastics (FRP) Revenue
1.4 Market Analysis by Type
1.4.1 Global Fiber Reinforced Plastics (FRP) Market Size Growth Rate by Type: 2023 VS 2032
1.4.2 Glass Fiber Type
1.4.3 Carbon Fiber Type
1.4.4 Aramid Fiber Type
1.5 Market by Application
1.5.1 Global Fiber Reinforced Plastics (FRP) Market Share by Application: 2023-2032
1.5.2 Aerospace
1.5.3 Automotive
1.5.4 Electrical & Electronics
1.5.5 Construction
1.6 Study Objectives
1.7 Years Considered
1.8 Overview of Global Fiber Reinforced Plastics (FRP) Market
1.8.1 Global Fiber Reinforced Plastics (FRP) Market Status and Outlook (2017-2032)
1.8.2 North America
1.8.3 East Asia
1.8.4 Europe
1.8.5 South Asia
1.8.6 Southeast Asia
1.8.7 Middle East
1.8.8 Africa
1.8.9 Oceania
1.8.10 South America
1.8.11 Rest of the World
2 Market Competition by Manufacturers
2.1 Global Fiber Reinforced Plastics (FRP) Production Capacity Market Share by Manufacturers (2017-2022)
2.2 Global Fiber Reinforced Plastics (FRP) Revenue Market Share by Manufacturers (2017-2022)
2.3 Global Fiber Reinforced Plastics (FRP) Average Price by Manufacturers (2017-2022)
2.4 Manufacturers Fiber Reinforced Plastics (FRP) Production Sites, Area Served, Product Type
3 Sales by Region
3.1 Global Fiber Reinforced Plastics (FRP) Sales Volume Market Share by Region (2017-2022)
3.2 Global Fiber Reinforced Plastics (FRP) Sales Revenue Market Share by Region (2017-2022)
3.3 North America Fiber Reinforced Plastics (FRP) Sales Volume
3.3.1 North America Fiber Reinforced Plastics (FRP) Sales Volume Growth Rate (2017-2022)
3.3.2 North America Fiber Reinforced Plastics (FRP) Sales Volume Capacity, Revenue, Price and Gross Margin (2017-2022)
3.4 East Asia Fiber Reinforced Plastics (FRP) Sales Volume
3.4.1 East Asia Fiber Reinforced Plastics (FRP) Sales Volume Growth Rate (2017-2022)
3.4.2 East Asia Fiber Reinforced Plastics (FRP) Sales Volume Capacity, Revenue, Price and Gross Margin (2017-2022)
3.5 Europe Fiber Reinforced Plastics (FRP) Sales Volume (2017-2022)
3.5.1 Europe Fiber Reinforced Plastics (FRP) Sales Volume Growth Rate (2017-2022)
3.5.2 Europe Fiber Reinforced Plastics (FRP) Sales Volume Capacity, Revenue, Price and Gross Margin (2017-2022)
3.6 South Asia Fiber Reinforced Plastics (FRP) Sales Volume (2017-2022)
3.6.1 South Asia Fiber Reinforced Plastics (FRP) Sales Volume Growth Rate (2017-2022)
3.6.2 South Asia Fiber Reinforced Plastics (FRP) Sales Volume Capacity, Revenue, Price and Gross Margin (2017-2022)
3.7 Southeast Asia Fiber Reinforced Plastics (FRP) Sales Volume (2017-2022)
3.7.1 Southeast Asia Fiber Reinforced Plastics (FRP) Sales Volume Growth Rate (2017-2022)
3.7.2 Southeast Asia Fiber Reinforced Plastics (FRP) Sales Volume Capacity, Revenue, Price and Gross Margin (2017-2022)
3.8 Middle East Fiber Reinforced Plastics (FRP) Sales Volume (2017-2022)
3.8.1 Middle East Fiber Reinforced Plastics (FRP) Sales Volume Growth Rate (2017-2022)
3.8.2 Middle East Fiber Reinforced Plastics (FRP) Sales Volume Capacity, Revenue, Price and Gross Margin (2017-2022)
3.9 Africa Fiber Reinforced Plastics (FRP) Sales Volume (2017-2022)
3.9.1 Africa Fiber Reinforced Plastics (FRP) Sales Volume Growth Rate (2017-2022)
3.9.2 Africa Fiber Reinforced Plastics (FRP) Sales Volume Capacity, Revenue, Price and Gross Margin (2017-2022)
3.10 Oceania Fiber Reinforced Plastics (FRP) Sales Volume (2017-2022)
3.10.1 Oceania Fiber Reinforced Plastics (FRP) Sales Volume Growth Rate (2017-2022)
3.10.2 Oceania Fiber Reinforced Plastics (FRP) Sales Volume Capacity, Revenue, Price and Gross Margin (2017-2022)
3.11 South America Fiber Reinforced Plastics (FRP) Sales Volume (2017-2022)
3.11.1 South America Fiber Reinforced Plastics (FRP) Sales Volume Growth Rate (2017-2022)
3.11.2 South America Fiber Reinforced Plastics (FRP) Sales Volume Capacity, Revenue, Price and Gross Margin (2017-2022)
3.12 Rest of the World Fiber Reinforced Plastics (FRP) Sales Volume (2017-2022)
3.12.1 Rest of the World Fiber Reinforced Plastics (FRP) Sales Volume Growth Rate (2017-2022)
3.12.2 Rest of the World Fiber Reinforced Plastics (FRP) Sales Volume Capacity, Revenue, Price and Gross Margin (2017-2022)
4 North America
4.1 North America Fiber Reinforced Plastics (FRP) Consumption by Countries
4.2 United States
4.3 Canada
4.4 Mexico
5 East Asia
5.1 East Asia Fiber Reinforced Plastics (FRP) Consumption by Countries
5.2 China
5.3 Japan
5.4 South Korea
6 Europe
6.1 Europe Fiber Reinforced Plastics (FRP) Consumption by Countries
6.2 Germany
6.3 United Kingdom
6.4 France
6.5 Italy
6.6 Russia
6.7 Spain
6.8 Netherlands
6.9 Switzerland
6.10 Poland
7 South Asia
7.1 South Asia Fiber Reinforced Plastics (FRP) Consumption by Countries
7.2 India
7.3 Pakistan
7.4 Bangladesh
8 Southeast Asia
8.1 Southeast Asia Fiber Reinforced Plastics (FRP) Consumption by Countries
8.2 Indonesia
8.3 Thailand
8.4 Singapore
8.5 Malaysia
8.6 Philippines
8.7 Vietnam
8.8 Myanmar
9 Middle East
9.1 Middle East Fiber Reinforced Plastics (FRP) Consumption by Countries
9.2 Turkey
9.3 Saudi Arabia
9.4 Iran
9.5 United Arab Emirates
9.6 Israel
9.7 Iraq
9.8 Qatar
9.9 Kuwait
9.10 Oman
10 Africa
10.1 Africa Fiber Reinforced Plastics (FRP) Consumption by Countries
10.2 Nigeria
10.3 South Africa
10.4 Egypt
10.5 Algeria
10.6 Morocco
11 Oceania
11.1 Oceania Fiber Reinforced Plastics (FRP) Consumption by Countries
11.2 Australia
11.3 New Zealand
12 South America
12.1 South America Fiber Reinforced Plastics (FRP) Consumption by Countries
12.2 Brazil
12.3 Argentina
12.4 Columbia
12.5 Chile
12.6 Venezuela
12.7 Peru
12.8 Puerto Rico
12.9 Ecuador
13 Rest of the World
13.1 Rest of the World Fiber Reinforced Plastics (FRP) Consumption by Countries
13.2 Kazakhstan
14 Sales Volume, Sales Revenue, Sales Price Trend by Type
14.1 Global Fiber Reinforced Plastics (FRP) Sales Volume Market Share by Type (2017-2022)
14.2 Global Fiber Reinforced Plastics (FRP) Sales Revenue Market Share by Type (2017-2022)
14.3 Global Fiber Reinforced Plastics (FRP) Sales Price by Type (2017-2022)
15 Consumption Analysis by Application
15.1 Global Fiber Reinforced Plastics (FRP) Consumption Volume by Application (2017-2022)
15.2 Global Fiber Reinforced Plastics (FRP) Consumption Value by Application (2017-2022)
16 Company Profiles and Key Figures in Fiber Reinforced Plastics (FRP) Business
16.1 BASF
16.1.1 BASF Company Profile
16.1.2 BASF Fiber Reinforced Plastics (FRP) Product Specification
16.1.3 BASF Fiber Reinforced Plastics (FRP) Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.2 DuPont
16.2.1 DuPont Company Profile
16.2.2 DuPont Fiber Reinforced Plastics (FRP) Product Specification
16.2.3 DuPont Fiber Reinforced Plastics (FRP) Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.3 Lanxess
16.3.1 Lanxess Company Profile
16.3.2 Lanxess Fiber Reinforced Plastics (FRP) Product Specification
16.3.3 Lanxess Fiber Reinforced Plastics (FRP) Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.4 DSM
16.4.1 DSM Company Profile
16.4.2 DSM Fiber Reinforced Plastics (FRP) Product Specification
16.4.3 DSM Fiber Reinforced Plastics (FRP) Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.5 SABIC
16.5.1 SABIC Company Profile
16.5.2 SABIC Fiber Reinforced Plastics (FRP) Product Specification
16.5.3 SABIC Fiber Reinforced Plastics (FRP) Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.6 PolyOne
16.6.1 PolyOne Company Profile
16.6.2 PolyOne Fiber Reinforced Plastics (FRP) Product Specification
16.6.3 PolyOne Fiber Reinforced Plastics (FRP) Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.7 Hexion
16.7.1 Hexion Company Profile
16.7.2 Hexion Fiber Reinforced Plastics (FRP) Product Specification
16.7.3 Hexion Fiber Reinforced Plastics (FRP) Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.8 Denka
16.8.1 Denka Company Profile
16.8.2 Denka Fiber Reinforced Plastics (FRP) Product Specification
16.8.3 Denka Fiber Reinforced Plastics (FRP) Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.9 Daicel
16.9.1 Daicel Company Profile
16.9.2 Daicel Fiber Reinforced Plastics (FRP) Product Specification
16.9.3 Daicel Fiber Reinforced Plastics (FRP) Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.10 Evonik
16.10.1 Evonik Company Profile
16.10.2 Evonik Fiber Reinforced Plastics (FRP) Product Specification
16.10.3 Evonik Fiber Reinforced Plastics (FRP) Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.11 Sumitomo Bakelite
16.11.1 Sumitomo Bakelite Company Profile
16.11.2 Sumitomo Bakelite Fiber Reinforced Plastics (FRP) Product Specification
16.11.3 Sumitomo Bakelite Fiber Reinforced Plastics (FRP) Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.12 Kingfa Science and Technology
16.12.1 Kingfa Science and Technology Company Profile
16.12.2 Kingfa Science and Technology Fiber Reinforced Plastics (FRP) Product Specification
16.12.3 Kingfa Science and Technology Fiber Reinforced Plastics (FRP) Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.13 Genius
16.13.1 Genius Company Profile
16.13.2 Genius Fiber Reinforced Plastics (FRP) Product Specification
16.13.3 Genius Fiber Reinforced Plastics (FRP) Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.14 Solvay
16.14.1 Solvay Company Profile
16.14.2 Solvay Fiber Reinforced Plastics (FRP) Product Specification
16.14.3 Solvay Fiber Reinforced Plastics (FRP) Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.15 RTP
16.15.1 RTP Company Profile
16.15.2 RTP Fiber Reinforced Plastics (FRP) Product Specification
16.15.3 RTP Fiber Reinforced Plastics (FRP) Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.16 SI Group
16.16.1 SI Group Company Profile
16.16.2 SI Group Fiber Reinforced Plastics (FRP) Product Specification
16.16.3 SI Group Fiber Reinforced Plastics (FRP) Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.17 Kolon
16.17.1 Kolon Company Profile
16.17.2 Kolon Fiber Reinforced Plastics (FRP) Product Specification
16.17.3 Kolon Fiber Reinforced Plastics (FRP) Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.18 TenCate
16.18.1 TenCate Company Profile
16.18.2 TenCate Fiber Reinforced Plastics (FRP) Product Specification
16.18.3 TenCate Fiber Reinforced Plastics (FRP) Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.19 Toray
16.19.1 Toray Company Profile
16.19.2 Toray Fiber Reinforced Plastics (FRP) Product Specification
16.19.3 Toray Fiber Reinforced Plastics (FRP) Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.20 Mitsubishi Rayon
16.20.1 Mitsubishi Rayon Company Profile
16.20.2 Mitsubishi Rayon Fiber Reinforced Plastics (FRP) Product Specification
16.20.3 Mitsubishi Rayon Fiber Reinforced Plastics (FRP) Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.21 Teijin
16.21.1 Teijin Company Profile
16.21.2 Teijin Fiber Reinforced Plastics (FRP) Product Specification
16.21.3 Teijin Fiber Reinforced Plastics (FRP) Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.22 SGL
16.22.1 SGL Company Profile
16.22.2 SGL Fiber Reinforced Plastics (FRP) Product Specification
16.22.3 SGL Fiber Reinforced Plastics (FRP) Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.23 Hexcel
16.23.1 Hexcel Company Profile
16.23.2 Hexcel Fiber Reinforced Plastics (FRP) Product Specification
16.23.3 Hexcel Fiber Reinforced Plastics (FRP) Production Capacity, Revenue, Price and Gross Margin (2017-2022)
17 Fiber Reinforced Plastics (FRP) Manufacturing Cost Analysis
17.1 Fiber Reinforced Plastics (FRP) Key Raw Materials Analysis
17.1.1 Key Raw Materials
17.2 Proportion of Manufacturing Cost Structure
17.3 Manufacturing Process Analysis of Fiber Reinforced Plastics (FRP)
17.4 Fiber Reinforced Plastics (FRP) Industrial Chain Analysis
18 Marketing Channel, Distributors and Customers
18.1 Marketing Channel
18.2 Fiber Reinforced Plastics (FRP) Distributors List
18.3 Fiber Reinforced Plastics (FRP) Customers
19 Market Dynamics
19.1 Market Trends
19.2 Opportunities and Drivers
19.3 Challenges
19.4 Porter's Five Forces Analysis
20 Production and Supply Forecast
20.1 Global Forecasted Production of Fiber Reinforced Plastics (FRP) (2023-2032)
20.2 Global Forecasted Revenue of Fiber Reinforced Plastics (FRP) (2023-2032)
20.3 Global Forecasted Price of Fiber Reinforced Plastics (FRP) (2017-2032)
20.4 Global Forecasted Production of Fiber Reinforced Plastics (FRP) by Region (2023-2032)
20.4.1 North America Fiber Reinforced Plastics (FRP) Production, Revenue Forecast (2023-2032)
20.4.2 East Asia Fiber Reinforced Plastics (FRP) Production, Revenue Forecast (2023-2032)
20.4.3 Europe Fiber Reinforced Plastics (FRP) Production, Revenue Forecast (2023-2032)
20.4.4 South Asia Fiber Reinforced Plastics (FRP) Production, Revenue Forecast (2023-2032)
20.4.5 Southeast Asia Fiber Reinforced Plastics (FRP) Production, Revenue Forecast (2023-2032)
20.4.6 Middle East Fiber Reinforced Plastics (FRP) Production, Revenue Forecast (2023-2032)
20.4.7 Africa Fiber Reinforced Plastics (FRP) Production, Revenue Forecast (2023-2032)
20.4.8 Oceania Fiber Reinforced Plastics (FRP) Production, Revenue Forecast (2023-2032)
20.4.9 South America Fiber Reinforced Plastics (FRP) Production, Revenue Forecast (2023-2032)
20.4.10 Rest of the World Fiber Reinforced Plastics (FRP) Production, Revenue Forecast (2023-2032)
20.5 Forecast by Type and by Application (2023-2032)
20.5.1 Global Sales Volume, Sales Revenue and Sales Price Forecast by Type (2023-2032)
20.5.2 Global Forecasted Consumption of Fiber Reinforced Plastics (FRP) by Application (2023-2032)
21 Consumption and Demand Forecast
21.1 North America Forecasted Consumption of Fiber Reinforced Plastics (FRP) by Country
21.2 East Asia Market Forecasted Consumption of Fiber Reinforced Plastics (FRP) by Country
21.3 Europe Market Forecasted Consumption of Fiber Reinforced Plastics (FRP) by Countriy
21.4 South Asia Forecasted Consumption of Fiber Reinforced Plastics (FRP) by Country
21.5 Southeast Asia Forecasted Consumption of Fiber Reinforced Plastics (FRP) by Country
21.6 Middle East Forecasted Consumption of Fiber Reinforced Plastics (FRP) by Country
21.7 Africa Forecasted Consumption of Fiber Reinforced Plastics (FRP) by Country
21.8 Oceania Forecasted Consumption of Fiber Reinforced Plastics (FRP) by Country
21.9 South America Forecasted Consumption of Fiber Reinforced Plastics (FRP) by Country
21.10 Rest of the world Forecasted Consumption of Fiber Reinforced Plastics (FRP) by Country
22 Research Findings and Conclusion
23 Methodology and Data Source
23.1 Methodology/Research Approach
23.1.1 Research Programs/Design
23.1.2 Market Size Estimation
23.1.3 Market Breakdown and Data Triangulation
23.2 Data Source
23.2.1 Secondary Sources
23.2.2 Primary Sources
23.3 Disclaimer

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We Market Research senior executive is assigned to each consulting engagement and works closely with the project team to deliver as per the clients expectations.

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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