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Global Electric Vehicle Parts and Components Market Size, Industry Analysis By Segmentations, Top Key Players, Trends, Future Development & Forecast 2024-2035

  • PUBLISHED ON
  • 3/1/2023
  • NO OF PAGES
  • 288
  • CATEGORY
  • Automotive & Transportation
Electric Vehicle Parts and Components 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 Electric Vehicle Parts and Components 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 Electric Vehicle Parts and Components 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 Electric Vehicle Parts and Components market covering all its essential aspects.

Global Electric Vehicle Parts and Components Market: Segmentations


Global Electric Vehicle Parts and Components Market: By Types
Driveline & Powertrain
Interiors & Exteriors
Electronics
Bodies & Chassis
Seating
Lighting
Wheel & Tires
Others

Global Electric Vehicle Parts and Components Market: By Applications
OEMs
Aftermarket

Global Electric Vehicle Parts and Components Market: Major Players
Robert Bosch
Denso Corp.
Magna International
Continental
ZF Friedrichshafen
Hyundai Mobis
Aisin Seiki
Faurecia
Lear Corp.
Yazaki Corp.
Sumitomo Electric
JTEKT Corp.
Thyssenkrupp
Mahle GmbH
Yanfeng Automotive
BASF
Calsonic Kansei Corp.
Toyota Boshoku Corp.
Schaeffler
Panasonic Automotive
Toyoda Gosei
Autoliv
Hitachi Automotive
Gestamp
BorgWarner Inc.
Hyundai-WIA Corp
Magneti Marelli
Samvardhana Motherson

Global Electric Vehicle Parts and Components Market: By Regions
North America (United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Australia, and Rest of Asia-Pacific)
South America (Brazil, Argentina, Rest of South America)
Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of Middle East & Africa)


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 Electric Vehicle Parts and Components 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 Electric Vehicle Parts and Components 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 Electric Vehicle Parts and Components 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 Market Overview
1.1 Product Overview and Scope of Electric Vehicle Parts and Components
1.2 Classification of Electric Vehicle Parts and Components by Type
1.2.1 Overview: Global Electric Vehicle Parts and Components Market Size by Type: 2017 Versus 2022 Versus 2032
1.2.2 Global Electric Vehicle Parts and Components Revenue Market Share by Type in 2022
1.2.3 Driveline & Powertrain
1.2.4 Interiors & Exteriors
1.2.5 Electronics
1.2.6 Bodies & Chassis
1.2.7 Seating
1.2.8 Lighting
1.2.9 Wheel & Tires
1.2.10 Others
1.3 Global Electric Vehicle Parts and Components Market by Application
1.3.1 Overview: Global Electric Vehicle Parts and Components Market Size by Application: 2017 Versus 2022 Versus 2032
1.3.2 OEMs
1.3.3 Aftermarket
1.4 Global Electric Vehicle Parts and Components Market Size & Forecast
1.5 Global Electric Vehicle Parts and Components Market Size and Forecast by Region
1.5.1 Global Electric Vehicle Parts and Components Market Size by Region: 2017 VS 2022 VS 2032
1.5.2 Global Electric Vehicle Parts and Components Market Size by Region, (2016-2021)
1.5.3 North America Electric Vehicle Parts and Components Market Size and Prospect (2017-2032)
1.5.4 Europe Electric Vehicle Parts and Components Market Size and Prospect (2017-2032)
1.5.5 Asia-Pacific Electric Vehicle Parts and Components Market Size and Prospect (2017-2032)
1.5.6 South America Electric Vehicle Parts and Components Market Size and Prospect (2017-2032)
1.5.7 Middle East and Africa Electric Vehicle Parts and Components Market Size and Prospect (2017-2032)
1.6 Market Drivers, Restraints and Trends
1.6.1 Electric Vehicle Parts and Components Market Drivers
1.6.2 Electric Vehicle Parts and Components Market Restraints
1.6.3 Electric Vehicle Parts and Components Trends Analysis
2 Company Profiles
2.1 Robert Bosch
2.1.1 Robert Bosch Details
2.1.2 Robert Bosch Major Business
2.1.3 Robert Bosch Electric Vehicle Parts and Components Product and Solutions
2.1.4 Robert Bosch Electric Vehicle Parts and Components Revenue, Gross Margin and Market Share (2017-2022)
2.1.5 Robert Bosch Recent Developments and Future Plans
2.2 Denso Corp.
2.2.1 Denso Corp. Details
2.2.2 Denso Corp. Major Business
2.2.3 Denso Corp. Electric Vehicle Parts and Components Product and Solutions
2.2.4 Denso Corp. Electric Vehicle Parts and Components Revenue, Gross Margin and Market Share (2017-2022)
2.2.5 Denso Corp. Recent Developments and Future Plans
2.3 Magna International
2.3.1 Magna International Details
2.3.2 Magna International Major Business
2.3.3 Magna International Electric Vehicle Parts and Components Product and Solutions
2.3.4 Magna International Electric Vehicle Parts and Components Revenue, Gross Margin and Market Share (2017-2022)
2.3.5 Magna International Recent Developments and Future Plans
2.4 Continental
2.4.1 Continental Details
2.4.2 Continental Major Business
2.4.3 Continental Electric Vehicle Parts and Components Product and Solutions
2.4.4 Continental Electric Vehicle Parts and Components Revenue, Gross Margin and Market Share (2017-2022)
2.4.5 Continental Recent Developments and Future Plans
2.5 ZF Friedrichshafen
2.5.1 ZF Friedrichshafen Details
2.5.2 ZF Friedrichshafen Major Business
2.5.3 ZF Friedrichshafen Electric Vehicle Parts and Components Product and Solutions
2.5.4 ZF Friedrichshafen Electric Vehicle Parts and Components Revenue, Gross Margin and Market Share (2017-2022)
2.5.5 ZF Friedrichshafen Recent Developments and Future Plans
2.6 Hyundai Mobis
2.6.1 Hyundai Mobis Details
2.6.2 Hyundai Mobis Major Business
2.6.3 Hyundai Mobis Electric Vehicle Parts and Components Product and Solutions
2.6.4 Hyundai Mobis Electric Vehicle Parts and Components Revenue, Gross Margin and Market Share (2017-2022)
2.6.5 Hyundai Mobis Recent Developments and Future Plans
2.7 Aisin Seiki
2.7.1 Aisin Seiki Details
2.7.2 Aisin Seiki Major Business
2.7.3 Aisin Seiki Electric Vehicle Parts and Components Product and Solutions
2.7.4 Aisin Seiki Electric Vehicle Parts and Components Revenue, Gross Margin and Market Share (2017-2022)
2.7.5 Aisin Seiki Recent Developments and Future Plans
2.8 Faurecia
2.8.1 Faurecia Details
2.8.2 Faurecia Major Business
2.8.3 Faurecia Electric Vehicle Parts and Components Product and Solutions
2.8.4 Faurecia Electric Vehicle Parts and Components Revenue, Gross Margin and Market Share (2017-2022)
2.8.5 Faurecia Recent Developments and Future Plans
2.9 Lear Corp.
2.9.1 Lear Corp. Details
2.9.2 Lear Corp. Major Business
2.9.3 Lear Corp. Electric Vehicle Parts and Components Product and Solutions
2.9.4 Lear Corp. Electric Vehicle Parts and Components Revenue, Gross Margin and Market Share (2017-2022)
2.9.5 Lear Corp. Recent Developments and Future Plans
2.10 Yazaki Corp.
2.10.1 Yazaki Corp. Details
2.10.2 Yazaki Corp. Major Business
2.10.3 Yazaki Corp. Electric Vehicle Parts and Components Product and Solutions
2.10.4 Yazaki Corp. Electric Vehicle Parts and Components Revenue, Gross Margin and Market Share (2017-2022)
2.10.5 Yazaki Corp. Recent Developments and Future Plans
2.11 Sumitomo Electric
2.11.1 Sumitomo Electric Details
2.11.2 Sumitomo Electric Major Business
2.11.3 Sumitomo Electric Electric Vehicle Parts and Components Product and Solutions
2.11.4 Sumitomo Electric Electric Vehicle Parts and Components Revenue, Gross Margin and Market Share (2017-2022)
2.11.5 Sumitomo Electric Recent Developments and Future Plans
2.12 JTEKT Corp.
2.12.1 JTEKT Corp. Details
2.12.2 JTEKT Corp. Major Business
2.12.3 JTEKT Corp. Electric Vehicle Parts and Components Product and Solutions
2.12.4 JTEKT Corp. Electric Vehicle Parts and Components Revenue, Gross Margin and Market Share (2017-2022)
2.12.5 JTEKT Corp. Recent Developments and Future Plans
2.13 Thyssenkrupp
2.13.1 Thyssenkrupp Details
2.13.2 Thyssenkrupp Major Business
2.13.3 Thyssenkrupp Electric Vehicle Parts and Components Product and Solutions
2.13.4 Thyssenkrupp Electric Vehicle Parts and Components Revenue, Gross Margin and Market Share (2017-2022)
2.13.5 Thyssenkrupp Recent Developments and Future Plans
2.14 Mahle GmbH
2.14.1 Mahle GmbH Details
2.14.2 Mahle GmbH Major Business
2.14.3 Mahle GmbH Electric Vehicle Parts and Components Product and Solutions
2.14.4 Mahle GmbH Electric Vehicle Parts and Components Revenue, Gross Margin and Market Share (2017-2022)
2.14.5 Mahle GmbH Recent Developments and Future Plans
2.15 Yanfeng Automotive
2.15.1 Yanfeng Automotive Details
2.15.2 Yanfeng Automotive Major Business
2.15.3 Yanfeng Automotive Electric Vehicle Parts and Components Product and Solutions
2.15.4 Yanfeng Automotive Electric Vehicle Parts and Components Revenue, Gross Margin and Market Share (2017-2022)
2.15.5 Yanfeng Automotive Recent Developments and Future Plans
2.16 BASF
2.16.1 BASF Details
2.16.2 BASF Major Business
2.16.3 BASF Electric Vehicle Parts and Components Product and Solutions
2.16.4 BASF Electric Vehicle Parts and Components Revenue, Gross Margin and Market Share (2017-2022)
2.16.5 BASF Recent Developments and Future Plans
2.17 Calsonic Kansei Corp.
2.17.1 Calsonic Kansei Corp. Details
2.17.2 Calsonic Kansei Corp. Major Business
2.17.3 Calsonic Kansei Corp. Electric Vehicle Parts and Components Product and Solutions
2.17.4 Calsonic Kansei Corp. Electric Vehicle Parts and Components Revenue, Gross Margin and Market Share (2017-2022)
2.17.5 Calsonic Kansei Corp. Recent Developments and Future Plans
2.18 Toyota Boshoku Corp.
2.18.1 Toyota Boshoku Corp. Details
2.18.2 Toyota Boshoku Corp. Major Business
2.18.3 Toyota Boshoku Corp. Electric Vehicle Parts and Components Product and Solutions
2.18.4 Toyota Boshoku Corp. Electric Vehicle Parts and Components Revenue, Gross Margin and Market Share (2017-2022)
2.18.5 Toyota Boshoku Corp. Recent Developments and Future Plans
2.19 Schaeffler
2.19.1 Schaeffler Details
2.19.2 Schaeffler Major Business
2.19.3 Schaeffler Electric Vehicle Parts and Components Product and Solutions
2.19.4 Schaeffler Electric Vehicle Parts and Components Revenue, Gross Margin and Market Share (2017-2022)
2.19.5 Schaeffler Recent Developments and Future Plans
2.20 Panasonic Automotive
2.20.1 Panasonic Automotive Details
2.20.2 Panasonic Automotive Major Business
2.20.3 Panasonic Automotive Electric Vehicle Parts and Components Product and Solutions
2.20.4 Panasonic Automotive Electric Vehicle Parts and Components Revenue, Gross Margin and Market Share (2017-2022)
2.20.5 Panasonic Automotive Recent Developments and Future Plans
2.21 Toyoda Gosei
2.21.1 Toyoda Gosei Details
2.21.2 Toyoda Gosei Major Business
2.21.3 Toyoda Gosei Electric Vehicle Parts and Components Product and Solutions
2.21.4 Toyoda Gosei Electric Vehicle Parts and Components Revenue, Gross Margin and Market Share (2017-2022)
2.21.5 Toyoda Gosei Recent Developments and Future Plans
2.22 Autoliv
2.22.1 Autoliv Details
2.22.2 Autoliv Major Business
2.22.3 Autoliv Electric Vehicle Parts and Components Product and Solutions
2.22.4 Autoliv Electric Vehicle Parts and Components Revenue, Gross Margin and Market Share (2017-2022)
2.22.5 Autoliv Recent Developments and Future Plans
2.23 Hitachi Automotive
2.23.1 Hitachi Automotive Details
2.23.2 Hitachi Automotive Major Business
2.23.3 Hitachi Automotive Electric Vehicle Parts and Components Product and Solutions
2.23.4 Hitachi Automotive Electric Vehicle Parts and Components Revenue, Gross Margin and Market Share (2017-2022)
2.23.5 Hitachi Automotive Recent Developments and Future Plans
2.24 Gestamp
2.24.1 Gestamp Details
2.24.2 Gestamp Major Business
2.24.3 Gestamp Electric Vehicle Parts and Components Product and Solutions
2.24.4 Gestamp Electric Vehicle Parts and Components Revenue, Gross Margin and Market Share (2017-2022)
2.24.5 Gestamp Recent Developments and Future Plans
2.25 BorgWarner Inc.
2.25.1 BorgWarner Inc. Details
2.25.2 BorgWarner Inc. Major Business
2.25.3 BorgWarner Inc. Electric Vehicle Parts and Components Product and Solutions
2.25.4 BorgWarner Inc. Electric Vehicle Parts and Components Revenue, Gross Margin and Market Share (2017-2022)
2.25.5 BorgWarner Inc. Recent Developments and Future Plans
2.26 Hyundai-WIA Corp
2.26.1 Hyundai-WIA Corp Details
2.26.2 Hyundai-WIA Corp Major Business
2.26.3 Hyundai-WIA Corp Electric Vehicle Parts and Components Product and Solutions
2.26.4 Hyundai-WIA Corp Electric Vehicle Parts and Components Revenue, Gross Margin and Market Share (2017-2022)
2.26.5 Hyundai-WIA Corp Recent Developments and Future Plans
2.27 Magneti Marelli
2.27.1 Magneti Marelli Details
2.27.2 Magneti Marelli Major Business
2.27.3 Magneti Marelli Electric Vehicle Parts and Components Product and Solutions
2.27.4 Magneti Marelli Electric Vehicle Parts and Components Revenue, Gross Margin and Market Share (2017-2022)
2.27.5 Magneti Marelli Recent Developments and Future Plans
2.28 Samvardhana Motherson
2.28.1 Samvardhana Motherson Details
2.28.2 Samvardhana Motherson Major Business
2.28.3 Samvardhana Motherson Electric Vehicle Parts and Components Product and Solutions
2.28.4 Samvardhana Motherson Electric Vehicle Parts and Components Revenue, Gross Margin and Market Share (2017-2022)
2.28.5 Samvardhana Motherson Recent Developments and Future Plans
3 Market Competition, by Players
3.1 Global Electric Vehicle Parts and Components Revenue and Share by Players (2017-2022)
3.2 Market Concentration Rate
3.2.1 Top 3 Electric Vehicle Parts and Components Players Market Share
3.2.2 Top 10 Electric Vehicle Parts and Components Players Market Share
3.2.3 Market Competition Trend
3.3 Electric Vehicle Parts and Components Players Head Office, Products and Services Provided
3.4 Mergers & Acquisitions
3.5 New Entrants and Expansion Plans
4 Market Size Segment by Type
4.1 Global Electric Vehicle Parts and Components Revenue and Market Share by Type (2016-2021)
4.2 Global Electric Vehicle Parts and Components Market Forecast by Type (2021-2026)
5 Market Size Segment by Application
5.1 Global Electric Vehicle Parts and Components Revenue Market Share by Application (2016-2021)
5.2 Electric Vehicle Parts and Components Market Forecast by Application (2021-2026)
6 North America by Country, by Type, and by Application
6.1 North America Electric Vehicle Parts and Components Revenue by Type (2017-2032)
6.2 North America Electric Vehicle Parts and Components Revenue by Application (2017-2032)
6.3 North America Electric Vehicle Parts and Components Market Size by Country
6.3.1 North America Electric Vehicle Parts and Components Revenue by Country (2017-2032)
6.3.2 United States Electric Vehicle Parts and Components Market Size and Forecast (2017-2032)
6.3.3 Canada Electric Vehicle Parts and Components Market Size and Forecast (2017-2032)
6.3.4 Mexico Electric Vehicle Parts and Components Market Size and Forecast (2017-2032)
7 Europe by Country, by Type, and by Application
7.1 Europe Electric Vehicle Parts and Components Revenue by Type (2017-2032)
7.2 Europe Electric Vehicle Parts and Components Revenue by Application (2017-2032)
7.3 Europe Electric Vehicle Parts and Components Market Size by Country
7.3.1 Europe Electric Vehicle Parts and Components Revenue by Country (2017-2032)
7.3.2 Germany Electric Vehicle Parts and Components Market Size and Forecast (2017-2032)
7.3.3 France Electric Vehicle Parts and Components Market Size and Forecast (2017-2032)
7.3.4 United Kingdom Electric Vehicle Parts and Components Market Size and Forecast (2017-2032)
7.3.5 Russia Electric Vehicle Parts and Components Market Size and Forecast (2017-2032)
7.3.6 Italy Electric Vehicle Parts and Components Market Size and Forecast (2017-2032)
8 Asia-Pacific by Region, by Type, and by Application
8.1 Asia-Pacific Electric Vehicle Parts and Components Revenue by Type (2017-2032)
8.2 Asia-Pacific Electric Vehicle Parts and Components Revenue by Application (2017-2032)
8.3 Asia-Pacific Electric Vehicle Parts and Components Market Size by Region
8.3.1 Asia-Pacific Electric Vehicle Parts and Components Revenue by Region (2017-2032)
8.3.2 China Electric Vehicle Parts and Components Market Size and Forecast (2017-2032)
8.3.3 Japan Electric Vehicle Parts and Components Market Size and Forecast (2017-2032)
8.3.4 South Korea Electric Vehicle Parts and Components Market Size and Forecast (2017-2032)
8.3.5 India Electric Vehicle Parts and Components Market Size and Forecast (2017-2032)
8.3.6 Southeast Asia Electric Vehicle Parts and Components Market Size and Forecast (2017-2032)
8.3.7 Australia Electric Vehicle Parts and Components Market Size and Forecast (2017-2032)
9 South America by Country, by Type, and by Application
9.1 South America Electric Vehicle Parts and Components Revenue by Type (2017-2032)
9.2 South America Electric Vehicle Parts and Components Revenue by Application (2017-2032)
9.3 South America Electric Vehicle Parts and Components Market Size by Country
9.3.1 South America Electric Vehicle Parts and Components Revenue by Country (2017-2032)
9.3.2 Brazil Electric Vehicle Parts and Components Market Size and Forecast (2017-2032)
9.3.3 Argentina Electric Vehicle Parts and Components Market Size and Forecast (2017-2032)
10 Middle East & Africa by Country, by Type, and by Application
10.1 Middle East & Africa Electric Vehicle Parts and Components Revenue by Type (2017-2032)
10.2 Middle East & Africa Electric Vehicle Parts and Components Revenue by Application (2017-2032)
10.3 Middle East & Africa Electric Vehicle Parts and Components Market Size by Country
10.3.1 Middle East & Africa Electric Vehicle Parts and Components Revenue by Country (2017-2032)
10.3.2 Turkey Electric Vehicle Parts and Components Market Size and Forecast (2017-2032)
10.3.3 Saudi Arabia Electric Vehicle Parts and Components Market Size and Forecast (2017-2032)
10.3.4 UAE Electric Vehicle Parts and Components Market Size and Forecast (2017-2032)
11 Research Findings and Conclusion
12 Appendix
12.1 Methodology
12.2 Research Process and Data Source
12.3 Disclaimer

Quality Assurance Process

  1. 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
  • Conduct frequent client communications
  • Form project steering committee
  • Assign a senior SR executive as QA Executive
  • Conduct internal editorial & quality reviews of project deliverables
  • Certify project staff in SR methodologies & standards
  • Monitor client satisfaction
  • Monitor realized value post-project

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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