Global Industrial Automation Control Market Size, Industry Analysis By Segmentations, Top Key Players, Trends, Future Development & Forecast 2024-2035
- PUBLISHED ON
- 2/24/2023
- NO OF PAGES
- 290
- CATEGORY
- Construction & Manufacturing
Industrial Automation Control 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 Industrial Automation Control 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 Industrial Automation Control 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 Industrial Automation Control market covering all its essential aspects.
Global Industrial Automation Control Market: Segmentations
Global Industrial Automation Control Market: Major Players
Control Systems
Apriso
Toshiba
Eyelite
Aspen Technologies
Rockwell Automation
SAP
Mitsubishi
Schneider Electric
Applied Material
ABB
Emerson
Honeywell
GE
Camstar Systems
Werum Software and Systems
Siemens
Omron
Yokogawa Electric
Global Industrial Automation Control Market: By Types
Distributed Control System (DCS)
Supervisory Control and Data Acquisition (SCADA)
Programmable Logic Control System (PLC)
Product Lifecycle Management (PLM)
Others
Global Industrial Automation Control Market: By Applications
Process Industry
Discrete Industry
Global Industrial Automation Control Market: Regional Analysis
The countries covered in the regional analysis of the Global Industrial Automation Control 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 Industrial Automation Control 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 Industrial Automation Control 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 Industrial Automation Control 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 Industrial Automation Control 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 Industrial Automation Control 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 Industrial Automation Control market covering all its essential aspects.
Global Industrial Automation Control Market: Segmentations
Global Industrial Automation Control Market: Major Players
Control Systems
Apriso
Toshiba
Eyelite
Aspen Technologies
Rockwell Automation
SAP
Mitsubishi
Schneider Electric
Applied Material
ABB
Emerson
Honeywell
GE
Camstar Systems
Werum Software and Systems
Siemens
Omron
Yokogawa Electric
Global Industrial Automation Control Market: By Types
Distributed Control System (DCS)
Supervisory Control and Data Acquisition (SCADA)
Programmable Logic Control System (PLC)
Product Lifecycle Management (PLM)
Others
Global Industrial Automation Control Market: By Applications
Process Industry
Discrete Industry
Global Industrial Automation Control Market: Regional Analysis
The countries covered in the regional analysis of the Global Industrial Automation Control 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 Industrial Automation Control 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 Industrial Automation Control 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 Industrial Automation Control 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 Industrial Automation Control Introduction and Market Overview
1.1 Objectives of the Study
1.2 Overview of Industrial Automation Control
1.3 Industrial Automation Control Market Scope and Market Size Estimation
1.3.1 Market Concentration Ratio and Market Maturity Analysis
1.3.2 Global Industrial Automation Control Revenue and Growth Rate from 2016-2026
1.4 Market Segmentation
1.4.1 Types of Industrial Automation Control
1.4.2 Applications of Industrial Automation Control
1.4.3 Research Regions
1.5 Market Dynamics
1.5.1 Industrial Automation Control Industry Trends
1.5.2 Industrial Automation Control Drivers
1.5.3 Industrial Automation Control Market Challenges
1.5.4 Industrial Automation Control 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 Industrial Automation Control Industry Development Trends under COVID-19 Outbreak
1.8.1 Global COVID-19 Status Overview
1.8.2 Influence of COVID-19 Outbreak on Industrial Automation Control Industry Development
2 Industry Chain Analysis
2.1 Upstream Raw Material Supply and Demand Analysis
2.1.1 Global Industrial Automation Control Major Upstream Raw Material and Suppliers
2.1.2 Raw Material Source Analysis
2.2 Major Players of Industrial Automation Control
2.2.1 Major Players Manufacturing Base of Industrial Automation Control in 2020
2.2.2 Major Players Market Distribution in 2020
2.3 Industrial Automation Control Manufacturing Cost Structure Analysis
2.3.1 Production Process Analysis
2.3.2 Manufacturing Cost Structure of Industrial Automation Control
2.3.3 Labor Cost of Industrial Automation Control
2.4 Market Channel Analysis of Industrial Automation Control
2.5 Major Down Stream Customers by Application
3 Global Industrial Automation Control Market, by Type
3.1 Global Industrial Automation Control Revenue and Market Share by Type (2016-2021)
3.2 Global Industrial Automation Control Production and Market Share by Type (2016-2021)
3.3 Global Industrial Automation Control Revenue and Growth Rate by Type (2016-2021)
3.3.1 Global Industrial Automation Control Revenue and Growth Rate of Distributed Control System (DCS)
3.3.2 Global Industrial Automation Control Revenue and Growth Rate of Supervisory Control and Data Acquisition (SCADA)
3.3.3 Global Industrial Automation Control Revenue and Growth Rate of Programmable Logic Control System (PLC)
3.3.4 Global Industrial Automation Control Revenue and Growth Rate of Product Lifecycle Management (PLM)
3.3.5 Global Industrial Automation Control Revenue and Growth Rate of Others
3.4 Global Industrial Automation Control Price Analysis by Type (2016-2021)
3.4.1 Explanation of Different Type Product Price Trends
4 Industrial Automation Control Market, by Application
4.1 Downstream Market Overview
4.2 Global Industrial Automation Control Consumption and Market Share by Application (2016-2021)
4.3 Global Industrial Automation Control Consumption and Growth Rate by Application (2016-2021)
4.3.1 Global Industrial Automation Control Consumption and Growth Rate of Process Industry (2016-2021)
4.3.2 Global Industrial Automation Control Consumption and Growth Rate of Discrete Industry (2016-2021)
5 Global Industrial Automation Control Consumption, Revenue ($) by Region (2016-2021)
5.1 Global Industrial Automation Control Revenue and Market Share by Region (2016-2021)
5.2 Global Industrial Automation Control Consumption and Market Share by Region (2016-2021)
5.3 Global Industrial Automation Control Consumption, Revenue, Price and Gross Margin (2016-2021)
5.4 North America Industrial Automation Control Consumption, Revenue, Price and Gross Margin (2016-2021)
5.4.1 North America Industrial Automation Control Market Under COVID-19
5.4.2 North America Industrial Automation Control SWOT Analysis
5.5 Europe Industrial Automation Control Consumption, Revenue, Price and Gross Margin (2016-2021)
5.5.1 Europe Industrial Automation Control Market Under COVID-19
5.5.2 Europe Industrial Automation Control SWOT Analysis
5.6 China Industrial Automation Control Consumption, Revenue, Price and Gross Margin (2016-2021)
5.6.1 China Industrial Automation Control Market Under COVID-19
5.6.2 China Industrial Automation Control SWOT Analysis
5.7 Japan Industrial Automation Control Consumption, Revenue, Price and Gross Margin (2016-2021)
5.7.1 Japan Industrial Automation Control Market Under COVID-19
5.7.2 Japan Industrial Automation Control SWOT Analysis
5.8 Middle East and Africa Industrial Automation Control Consumption, Revenue, Price and Gross Margin (2016-2021)
5.8.1 Middle East and Africa Industrial Automation Control Market Under COVID-19
5.8.2 Middle East and Africa Industrial Automation Control SWOT Analysis
5.9 India Industrial Automation Control Consumption, Revenue, Price and Gross Margin (2016-2021)
5.9.1 India Industrial Automation Control Market Under COVID-19
5.9.2 India Industrial Automation Control SWOT Analysis
5.10 South America Industrial Automation Control Consumption, Revenue, Price and Gross Margin (2016-2021)
5.10.1 South America Industrial Automation Control Market Under COVID-19
5.10.2 South America Industrial Automation Control SWOT Analysis
5.11 South Korea Industrial Automation Control Consumption, Revenue, Price and Gross Margin (2016-2021)
5.11.1 South Korea Industrial Automation Control Market Under COVID-19
5.11.2 South Korea Industrial Automation Control SWOT Analysis
5.12 Southeast Asia Industrial Automation Control Consumption, Revenue, Price and Gross Margin (2016-2021)
5.12.1 Southeast Asia Industrial Automation Control Market Under COVID-19
5.12.2 Southeast Asia Industrial Automation Control SWOT Analysis
6 Global Industrial Automation Control Production by Top Regions (2016-2021)
6.1 Global Industrial Automation Control Production by Top Regions (2016-2021)
6.2 North America Industrial Automation Control Production and Growth Rate
6.3 Europe Industrial Automation Control Production and Growth Rate
6.4 China Industrial Automation Control Production and Growth Rate
6.5 Japan Industrial Automation Control Production and Growth Rate
6.6 India Industrial Automation Control Production and Growth Rate
7 Global Industrial Automation Control Consumption by Regions (2016-2021)
7.1 Global Industrial Automation Control Consumption by Regions (2016-2021)
7.2 North America Industrial Automation Control Consumption and Growth Rate
7.3 Europe Industrial Automation Control Consumption and Growth Rate
7.4 China Industrial Automation Control Consumption and Growth Rate
7.5 Japan Industrial Automation Control Consumption and Growth Rate
7.6 Middle East & Africa Industrial Automation Control Consumption and Growth Rate
7.7 India Industrial Automation Control Consumption and Growth Rate
7.8 South America Industrial Automation Control Consumption and Growth Rate
7.9 South Korea Industrial Automation Control Consumption and Growth Rate
7.10 Southeast Asia Industrial Automation Control Consumption and Growth Rate
8 Competitive Landscape
8.1 Competitive Profile
8.2 Control Systems Market Performance Analysis
8.2.1 Company Profiles
8.2.2 Industrial Automation Control Product Profiles, Application and Specification
8.2.3 Control Systems 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 Apriso Market Performance Analysis
8.3.1 Company Profiles
8.3.2 Industrial Automation Control Product Profiles, Application and Specification
8.3.3 Apriso 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 Toshiba Market Performance Analysis
8.4.1 Company Profiles
8.4.2 Industrial Automation Control Product Profiles, Application and Specification
8.4.3 Toshiba 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 Eyelite Market Performance Analysis
8.5.1 Company Profiles
8.5.2 Industrial Automation Control Product Profiles, Application and Specification
8.5.3 Eyelite 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 Aspen Technologies Market Performance Analysis
8.6.1 Company Profiles
8.6.2 Industrial Automation Control Product Profiles, Application and Specification
8.6.3 Aspen Technologies 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 Rockwell Automation Market Performance Analysis
8.7.1 Company Profiles
8.7.2 Industrial Automation Control Product Profiles, Application and Specification
8.7.3 Rockwell Automation 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 SAP Market Performance Analysis
8.8.1 Company Profiles
8.8.2 Industrial Automation Control Product Profiles, Application and Specification
8.8.3 SAP 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 Mitsubishi Market Performance Analysis
8.9.1 Company Profiles
8.9.2 Industrial Automation Control Product Profiles, Application and Specification
8.9.3 Mitsubishi 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 Schneider Electric Market Performance Analysis
8.10.1 Company Profiles
8.10.2 Industrial Automation Control Product Profiles, Application and Specification
8.10.3 Schneider Electric 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 Applied Material Market Performance Analysis
8.11.1 Company Profiles
8.11.2 Industrial Automation Control Product Profiles, Application and Specification
8.11.3 Applied Material 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 ABB Market Performance Analysis
8.12.1 Company Profiles
8.12.2 Industrial Automation Control Product Profiles, Application and Specification
8.12.3 ABB 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
8.13 Emerson Market Performance Analysis
8.13.1 Company Profiles
8.13.2 Industrial Automation Control Product Profiles, Application and Specification
8.13.3 Emerson Sales, Revenue, Price, Gross Margin 2016-2021
8.13.4 Company Recent Development
8.13.5 Strategies for Company to Deal with the Impact of COVID-19
8.14 Honeywell Market Performance Analysis
8.14.1 Company Profiles
8.14.2 Industrial Automation Control Product Profiles, Application and Specification
8.14.3 Honeywell Sales, Revenue, Price, Gross Margin 2016-2021
8.14.4 Company Recent Development
8.14.5 Strategies for Company to Deal with the Impact of COVID-19
8.15 GE Market Performance Analysis
8.15.1 Company Profiles
8.15.2 Industrial Automation Control Product Profiles, Application and Specification
8.15.3 GE Sales, Revenue, Price, Gross Margin 2016-2021
8.15.4 Company Recent Development
8.15.5 Strategies for Company to Deal with the Impact of COVID-19
8.16 Camstar Systems Market Performance Analysis
8.16.1 Company Profiles
8.16.2 Industrial Automation Control Product Profiles, Application and Specification
8.16.3 Camstar Systems Sales, Revenue, Price, Gross Margin 2016-2021
8.16.4 Company Recent Development
8.16.5 Strategies for Company to Deal with the Impact of COVID-19
8.17 Werum Software and Systems Market Performance Analysis
8.17.1 Company Profiles
8.17.2 Industrial Automation Control Product Profiles, Application and Specification
8.17.3 Werum Software and Systems Sales, Revenue, Price, Gross Margin 2016-2021
8.17.4 Company Recent Development
8.17.5 Strategies for Company to Deal with the Impact of COVID-19
8.18 Siemens Market Performance Analysis
8.18.1 Company Profiles
8.18.2 Industrial Automation Control Product Profiles, Application and Specification
8.18.3 Siemens Sales, Revenue, Price, Gross Margin 2016-2021
8.18.4 Company Recent Development
8.18.5 Strategies for Company to Deal with the Impact of COVID-19
8.19 Omron Market Performance Analysis
8.19.1 Company Profiles
8.19.2 Industrial Automation Control Product Profiles, Application and Specification
8.19.3 Omron Sales, Revenue, Price, Gross Margin 2016-2021
8.19.4 Company Recent Development
8.19.5 Strategies for Company to Deal with the Impact of COVID-19
8.20 Yokogawa Electric Market Performance Analysis
8.20.1 Company Profiles
8.20.2 Industrial Automation Control Product Profiles, Application and Specification
8.20.3 Yokogawa Electric Sales, Revenue, Price, Gross Margin 2016-2021
8.20.4 Company Recent Development
8.20.5 Strategies for Company to Deal with the Impact of COVID-19
9 Global Industrial Automation Control Market Analysis and Forecast by Type and Application
9.1 Global Industrial Automation Control Market Revenue & Volume Forecast, by Type (2021-2026)
9.1.1 Distributed Control System (DCS) Market Revenue and Volume Forecast (2021-2026)
9.1.2 Supervisory Control and Data Acquisition (SCADA) Market Revenue and Volume Forecast (2021-2026)
9.1.3 Programmable Logic Control System (PLC) Market Revenue and Volume Forecast (2021-2026)
9.1.4 Product Lifecycle Management (PLM) Market Revenue and Volume Forecast (2021-2026)
9.1.5 Others Market Revenue and Volume Forecast (2021-2026)
9.2 Global Industrial Automation Control Market Revenue & Volume Forecast, by Application (2021-2026)
9.2.1 Process Industry Market Revenue and Volume Forecast (2021-2026)
9.2.2 Discrete Industry Market Revenue and Volume Forecast (2021-2026)
10 Industrial Automation Control 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 Industrial Automation Control 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
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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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