Global Vehicle-to-Grid (V2G) Market Size, Industry Analysis By Segmentations, Top Key Players, Trends, Future Development & Forecast 2024-2035
- PUBLISHED ON
- 2/24/2023
- NO OF PAGES
- 220
- CATEGORY
- Healthcare & Life Sciences
Vehicle-to-Grid (V2G) 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 Vehicle-to-Grid (V2G) 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 Vehicle-to-Grid (V2G) 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 Vehicle-to-Grid (V2G) market covering all its essential aspects.
Global Vehicle-to-Grid (V2G) Market: Segmentations
Global Vehicle-to-Grid (V2G) Market: Major Players
AC Propulsion
NRG Energy
PG&E
Coritech
EV Grid
EnBW
Next Energy
Hitachi
Endesa
EnerDel
Corinex
Global Vehicle-to-Grid (V2G) Market: By Types
Unidirectional V2G
Bidirectional V2G
Global Vehicle-to-Grid (V2G) Market: By Applications
Peak Power Sales
Spinning Reserves
Base Load Power
Peak Power as a Form of Direct Load Control (DLC)
Peak Power to Reduce Demand Charges
Reactive Power
Global Vehicle-to-Grid (V2G) Market: Regional Analysis
The countries covered in the regional analysis of the Global Vehicle-to-Grid (V2G) 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 Vehicle-to-Grid (V2G) 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 Vehicle-to-Grid (V2G) 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 Vehicle-to-Grid (V2G) 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: 2023Market Overview:
The report provides a basic overview of the industry including definitions, classifications, and industry chain structure. The Vehicle-to-Grid (V2G) 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 Vehicle-to-Grid (V2G) 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 Vehicle-to-Grid (V2G) market covering all its essential aspects.
Global Vehicle-to-Grid (V2G) Market: Segmentations
Global Vehicle-to-Grid (V2G) Market: Major Players
AC Propulsion
NRG Energy
PG&E
Coritech
EV Grid
EnBW
Next Energy
Hitachi
Endesa
EnerDel
Corinex
Global Vehicle-to-Grid (V2G) Market: By Types
Unidirectional V2G
Bidirectional V2G
Global Vehicle-to-Grid (V2G) Market: By Applications
Peak Power Sales
Spinning Reserves
Base Load Power
Peak Power as a Form of Direct Load Control (DLC)
Peak Power to Reduce Demand Charges
Reactive Power
Global Vehicle-to-Grid (V2G) Market: Regional Analysis
The countries covered in the regional analysis of the Global Vehicle-to-Grid (V2G) 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 Vehicle-to-Grid (V2G) 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 Vehicle-to-Grid (V2G) 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 Vehicle-to-Grid (V2G) 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
Historic Year: 2016-2022
Forecast: 2024-2035
1 Vehicle-to-Grid (V2G) Introduction and Market Overview
1.1 Objectives of the Study
1.2 Overview of Vehicle-to-Grid (V2G)
1.3 Vehicle-to-Grid (V2G) Market Scope and Market Size Estimation
1.3.1 Market Concentration Ratio and Market Maturity Analysis
1.3.2 Global Vehicle-to-Grid (V2G) Revenue and Growth Rate from 2016-2026
1.4 Market Segmentation
1.4.1 Types of Vehicle-to-Grid (V2G)
1.4.2 Applications of Vehicle-to-Grid (V2G)
1.4.3 Research Regions
1.5 Market Dynamics
1.5.1 Vehicle-to-Grid (V2G) Industry Trends
1.5.2 Vehicle-to-Grid (V2G) Drivers
1.5.3 Vehicle-to-Grid (V2G) Market Challenges
1.5.4 Vehicle-to-Grid (V2G) Market Restraints
1.6 Industry News and Policies by Regions
1.6.1 Industry News
1.6.2 Industry Policies
1.7 Mergers & Acquisitions, Expansion Plans
1.8 Vehicle-to-Grid (V2G) Industry Development Trends under COVID-19 Outbreak
1.8.1 Global COVID-19 Status Overview
1.8.2 Influence of COVID-19 Outbreak on Vehicle-to-Grid (V2G) Industry Development
2 Industry Chain Analysis
2.1 Upstream Raw Material Supply and Demand Analysis
2.1.1 Global Vehicle-to-Grid (V2G) Major Upstream Raw Material and Suppliers
2.1.2 Raw Material Source Analysis
2.2 Major Players of Vehicle-to-Grid (V2G)
2.2.1 Major Players Manufacturing Base of Vehicle-to-Grid (V2G) in 2020
2.2.2 Major Players Market Distribution in 2020
2.3 Vehicle-to-Grid (V2G) Manufacturing Cost Structure Analysis
2.3.1 Production Process Analysis
2.3.2 Manufacturing Cost Structure of Vehicle-to-Grid (V2G)
2.3.3 Labor Cost of Vehicle-to-Grid (V2G)
2.4 Market Channel Analysis of Vehicle-to-Grid (V2G)
2.5 Major Down Stream Customers by Application
3 Global Vehicle-to-Grid (V2G) Market, by Type
3.1 Global Vehicle-to-Grid (V2G) Revenue and Market Share by Type (2016-2021)
3.2 Global Vehicle-to-Grid (V2G) Production and Market Share by Type (2016-2021)
3.3 Global Vehicle-to-Grid (V2G) Revenue and Growth Rate by Type (2016-2021)
3.3.1 Global Vehicle-to-Grid (V2G) Revenue and Growth Rate of Unidirectional V2G
3.3.2 Global Vehicle-to-Grid (V2G) Revenue and Growth Rate of Bidirectional V2G
3.4 Global Vehicle-to-Grid (V2G) Price Analysis by Type (2016-2021)
3.4.1 Explanation of Different Type Product Price Trends
4 Vehicle-to-Grid (V2G) Market, by Application
4.1 Downstream Market Overview
4.2 Global Vehicle-to-Grid (V2G) Consumption and Market Share by Application (2016-2021)
4.3 Global Vehicle-to-Grid (V2G) Consumption and Growth Rate by Application (2016-2021)
4.3.1 Global Vehicle-to-Grid (V2G) Consumption and Growth Rate of Peak Power Sales (2016-2021)
4.3.2 Global Vehicle-to-Grid (V2G) Consumption and Growth Rate of Spinning Reserves (2016-2021)
4.3.3 Global Vehicle-to-Grid (V2G) Consumption and Growth Rate of Base Load Power (2016-2021)
4.3.4 Global Vehicle-to-Grid (V2G) Consumption and Growth Rate of Peak Power as a Form of Direct Load Control (DLC) (2016-2021)
4.3.5 Global Vehicle-to-Grid (V2G) Consumption and Growth Rate of Peak Power to Reduce Demand Charges (2016-2021)
4.3.6 Global Vehicle-to-Grid (V2G) Consumption and Growth Rate of Reactive Power (2016-2021)
5 Global Vehicle-to-Grid (V2G) Consumption, Revenue ($) by Region (2016-2021)
5.1 Global Vehicle-to-Grid (V2G) Revenue and Market Share by Region (2016-2021)
5.2 Global Vehicle-to-Grid (V2G) Consumption and Market Share by Region (2016-2021)
5.3 Global Vehicle-to-Grid (V2G) Consumption, Revenue, Price and Gross Margin (2016-2021)
5.4 North America Vehicle-to-Grid (V2G) Consumption, Revenue, Price and Gross Margin (2016-2021)
5.4.1 North America Vehicle-to-Grid (V2G) Market Under COVID-19
5.4.2 North America Vehicle-to-Grid (V2G) SWOT Analysis
5.5 Europe Vehicle-to-Grid (V2G) Consumption, Revenue, Price and Gross Margin (2016-2021)
5.5.1 Europe Vehicle-to-Grid (V2G) Market Under COVID-19
5.5.2 Europe Vehicle-to-Grid (V2G) SWOT Analysis
5.6 China Vehicle-to-Grid (V2G) Consumption, Revenue, Price and Gross Margin (2016-2021)
5.6.1 China Vehicle-to-Grid (V2G) Market Under COVID-19
5.6.2 China Vehicle-to-Grid (V2G) SWOT Analysis
5.7 Japan Vehicle-to-Grid (V2G) Consumption, Revenue, Price and Gross Margin (2016-2021)
5.7.1 Japan Vehicle-to-Grid (V2G) Market Under COVID-19
5.7.2 Japan Vehicle-to-Grid (V2G) SWOT Analysis
5.8 Middle East and Africa Vehicle-to-Grid (V2G) Consumption, Revenue, Price and Gross Margin (2016-2021)
5.8.1 Middle East and Africa Vehicle-to-Grid (V2G) Market Under COVID-19
5.8.2 Middle East and Africa Vehicle-to-Grid (V2G) SWOT Analysis
5.9 India Vehicle-to-Grid (V2G) Consumption, Revenue, Price and Gross Margin (2016-2021)
5.9.1 India Vehicle-to-Grid (V2G) Market Under COVID-19
5.9.2 India Vehicle-to-Grid (V2G) SWOT Analysis
5.10 South America Vehicle-to-Grid (V2G) Consumption, Revenue, Price and Gross Margin (2016-2021)
5.10.1 South America Vehicle-to-Grid (V2G) Market Under COVID-19
5.10.2 South America Vehicle-to-Grid (V2G) SWOT Analysis
5.11 South Korea Vehicle-to-Grid (V2G) Consumption, Revenue, Price and Gross Margin (2016-2021)
5.11.1 South Korea Vehicle-to-Grid (V2G) Market Under COVID-19
5.11.2 South Korea Vehicle-to-Grid (V2G) SWOT Analysis
5.12 Southeast Asia Vehicle-to-Grid (V2G) Consumption, Revenue, Price and Gross Margin (2016-2021)
5.12.1 Southeast Asia Vehicle-to-Grid (V2G) Market Under COVID-19
5.12.2 Southeast Asia Vehicle-to-Grid (V2G) SWOT Analysis
6 Global Vehicle-to-Grid (V2G) Production by Top Regions (2016-2021)
6.1 Global Vehicle-to-Grid (V2G) Production by Top Regions (2016-2021)
6.2 North America Vehicle-to-Grid (V2G) Production and Growth Rate
6.3 Europe Vehicle-to-Grid (V2G) Production and Growth Rate
6.4 China Vehicle-to-Grid (V2G) Production and Growth Rate
6.5 Japan Vehicle-to-Grid (V2G) Production and Growth Rate
6.6 India Vehicle-to-Grid (V2G) Production and Growth Rate
7 Global Vehicle-to-Grid (V2G) Consumption by Regions (2016-2021)
7.1 Global Vehicle-to-Grid (V2G) Consumption by Regions (2016-2021)
7.2 North America Vehicle-to-Grid (V2G) Consumption and Growth Rate
7.3 Europe Vehicle-to-Grid (V2G) Consumption and Growth Rate
7.4 China Vehicle-to-Grid (V2G) Consumption and Growth Rate
7.5 Japan Vehicle-to-Grid (V2G) Consumption and Growth Rate
7.6 Middle East & Africa Vehicle-to-Grid (V2G) Consumption and Growth Rate
7.7 India Vehicle-to-Grid (V2G) Consumption and Growth Rate
7.8 South America Vehicle-to-Grid (V2G) Consumption and Growth Rate
7.9 South Korea Vehicle-to-Grid (V2G) Consumption and Growth Rate
7.10 Southeast Asia Vehicle-to-Grid (V2G) Consumption and Growth Rate
8 Competitive Landscape
8.1 Competitive Profile
8.2 AC Propulsion Market Performance Analysis
8.2.1 Company Profiles
8.2.2 Vehicle-to-Grid (V2G) Product Profiles, Application and Specification
8.2.3 AC Propulsion Sales, Revenue, Price, Gross Margin 2016-2021
8.2.4 Company Recent Development
8.2.5 Strategies for Company to Deal with the Impact of COVID-19
8.3 NRG Energy Market Performance Analysis
8.3.1 Company Profiles
8.3.2 Vehicle-to-Grid (V2G) Product Profiles, Application and Specification
8.3.3 NRG Energy Sales, Revenue, Price, Gross Margin 2016-2021
8.3.4 Company Recent Development
8.3.5 Strategies for Company to Deal with the Impact of COVID-19
8.4 PG&E Market Performance Analysis
8.4.1 Company Profiles
8.4.2 Vehicle-to-Grid (V2G) Product Profiles, Application and Specification
8.4.3 PG&E Sales, Revenue, Price, Gross Margin 2016-2021
8.4.4 Company Recent Development
8.4.5 Strategies for Company to Deal with the Impact of COVID-19
8.5 Coritech Market Performance Analysis
8.5.1 Company Profiles
8.5.2 Vehicle-to-Grid (V2G) Product Profiles, Application and Specification
8.5.3 Coritech Sales, Revenue, Price, Gross Margin 2016-2021
8.5.4 Company Recent Development
8.5.5 Strategies for Company to Deal with the Impact of COVID-19
8.6 EV Grid Market Performance Analysis
8.6.1 Company Profiles
8.6.2 Vehicle-to-Grid (V2G) Product Profiles, Application and Specification
8.6.3 EV Grid Sales, Revenue, Price, Gross Margin 2016-2021
8.6.4 Company Recent Development
8.6.5 Strategies for Company to Deal with the Impact of COVID-19
8.7 EnBW Market Performance Analysis
8.7.1 Company Profiles
8.7.2 Vehicle-to-Grid (V2G) Product Profiles, Application and Specification
8.7.3 EnBW Sales, Revenue, Price, Gross Margin 2016-2021
8.7.4 Company Recent Development
8.7.5 Strategies for Company to Deal with the Impact of COVID-19
8.8 Next Energy Market Performance Analysis
8.8.1 Company Profiles
8.8.2 Vehicle-to-Grid (V2G) Product Profiles, Application and Specification
8.8.3 Next Energy Sales, Revenue, Price, Gross Margin 2016-2021
8.8.4 Company Recent Development
8.8.5 Strategies for Company to Deal with the Impact of COVID-19
8.9 Hitachi Market Performance Analysis
8.9.1 Company Profiles
8.9.2 Vehicle-to-Grid (V2G) Product Profiles, Application and Specification
8.9.3 Hitachi Sales, Revenue, Price, Gross Margin 2016-2021
8.9.4 Company Recent Development
8.9.5 Strategies for Company to Deal with the Impact of COVID-19
8.10 Endesa Market Performance Analysis
8.10.1 Company Profiles
8.10.2 Vehicle-to-Grid (V2G) Product Profiles, Application and Specification
8.10.3 Endesa Sales, Revenue, Price, Gross Margin 2016-2021
8.10.4 Company Recent Development
8.10.5 Strategies for Company to Deal with the Impact of COVID-19
8.11 EnerDel Market Performance Analysis
8.11.1 Company Profiles
8.11.2 Vehicle-to-Grid (V2G) Product Profiles, Application and Specification
8.11.3 EnerDel Sales, Revenue, Price, Gross Margin 2016-2021
8.11.4 Company Recent Development
8.11.5 Strategies for Company to Deal with the Impact of COVID-19
8.12 Corinex Market Performance Analysis
8.12.1 Company Profiles
8.12.2 Vehicle-to-Grid (V2G) Product Profiles, Application and Specification
8.12.3 Corinex Sales, Revenue, Price, Gross Margin 2016-2021
8.12.4 Company Recent Development
8.12.5 Strategies for Company to Deal with the Impact of COVID-19
9 Global Vehicle-to-Grid (V2G) Market Analysis and Forecast by Type and Application
9.1 Global Vehicle-to-Grid (V2G) Market Revenue & Volume Forecast, by Type (2021-2026)
9.1.1 Unidirectional V2G Market Revenue and Volume Forecast (2021-2026)
9.1.2 Bidirectional V2G Market Revenue and Volume Forecast (2021-2026)
9.2 Global Vehicle-to-Grid (V2G) Market Revenue & Volume Forecast, by Application (2021-2026)
9.2.1 Peak Power Sales Market Revenue and Volume Forecast (2021-2026)
9.2.2 Spinning Reserves Market Revenue and Volume Forecast (2021-2026)
9.2.3 Base Load Power Market Revenue and Volume Forecast (2021-2026)
9.2.4 Peak Power as a Form of Direct Load Control (DLC) Market Revenue and Volume Forecast (2021-2026)
9.2.5 Peak Power to Reduce Demand Charges Market Revenue and Volume Forecast (2021-2026)
9.2.6 Reactive Power Market Revenue and Volume Forecast (2021-2026)
10 Vehicle-to-Grid (V2G) Market Supply and Demand Forecast by Region
10.1 North America Market Supply and Demand Forecast (2021-2026)
10.2 Europe Market Supply and Demand Forecast (2021-2026)
10.3 China Market Supply and Demand Forecast (2021-2026)
10.4 Japan Market Supply and Demand Forecast (2021-2026)
10.5 Middle East and Africa Market Supply and Demand Forecast (2021-2026)
10.6 India Market Supply and Demand Forecast (2021-2026)
10.7 South America Market Supply and Demand Forecast (2021-2026)
10.8 South Korea Market Supply and Demand Forecast (2021-2026)
10.9 Southeast Asia Market Supply and Demand Forecast (2021-2026)
10.10 Explanation of Market Size Trends by Region
10.11 Vehicle-to-Grid (V2G) Market Trends Analysis
11 New Project Feasibility Analysis
11.1 Industry Barriers and New Entrants SWOT Analysis
11.2 Analysis and Suggestions on New Project Investment
12 Expert Interview Record
13 Research Finding and Conclusion
14 Appendix
14.1 Methodology
14.2 Research Data Source
Quality Assurance Process
- We Market Research’s Quality Assurance program strives to deliver superior value to our clients.
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
We Market Research monitors 3 important attributes during the QA process- Cost, Schedule & Quality. We believe them as a critical benchmark in achieving a project’s success.
To mitigate risks that can impact project success, we deploy the follow project delivery best practices:
- Project kickoff meeting with client
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- Assign a senior SR executive as QA Executive
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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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