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Global Metal Forging Market Analysis By Segmentations, Top Key Players, Geographical Expansion, Future Development & Forecast 2024-2035

  • PUBLISHED ON
  • 1/12/2023
  • NO OF PAGES
  • 214
  • CATEGORY
  • Heavy Industry
Metal Forging 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 Metal Forging 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 Metal Forging 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 Metal Forging market covering all its essential aspects.

Global Metal Forging Market: Segmentations

Global Metal Forging Market: By Key Players
Precision Castparts Corp. (Berkshire Hathaway)
Howmet Aerospace Inc.
Allegheny Technologies Incorporated (ATI)
Thyssenkrupp
Nippon Steel
VSMPO-AVISMA
KOBELCO
Aichi Steel
Aubert & Duval (Eramet)
Bharat Forge
American Axle and Manufacturing (AAM)
AVIC Heavy Machinery
Wanxiang Qianchao
FAW
FRISA
Farinia Group
Longcheng Precision Forging
Pacific Precision Forging
Jinma Industrial Group
Mahindra Forgings Europe
Jinan Sinotruck Co.
CITIC Heavy Industries
Dongfeng Forging
Acerinox S.A.
Jiangyin Hengrun Heavy Industries
Tongyu Heavy Industry
Wuxi Paike New Material Technology
Scot Forge Company
Xi`an Triangle Defence Incorporated Company
Brück GmbH

Global Metal Forging Market: By Types
Carbon Steel
Alloy Steel
Aluminum
Magnesium
Stainless Steel
Titanium

Global Metal Forging Market: By Applications
Automotive
Defense and Aerospace
Shipbuilding
Power Industry
Oil and Gas
Construction Machinery
Agriculture



Global Metal Forging Market: Regional Analysis
The countries covered in the regional analysis of the Global Metal Forging 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 Metal Forging 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 Metal Forging 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 Metal Forging 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 Metal Forging Revenue
1.4 Market Analysis by Type
1.4.1 Global Metal Forging Market Size Growth Rate by Type: 2023 VS 2032
1.4.2 Carbon Steel
1.4.3 Alloy Steel
1.4.4 Aluminum
1.4.5 Magnesium
1.4.6 Stainless Steel
1.4.7 Titanium
1.5 Market by Application
1.5.1 Global Metal Forging Market Share by Application: 2023-2032
1.5.2 Automotive
1.5.3 Defense and Aerospace
1.5.4 Shipbuilding
1.5.5 Power Industry
1.5.6 Oil and Gas
1.5.7 Construction Machinery
1.5.8 Agriculture
1.6 Study Objectives
1.7 Years Considered
1.8 Overview of Global Metal Forging Market
1.8.1 Global Metal Forging 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 Metal Forging Production Capacity Market Share by Manufacturers (2017-2022)
2.2 Global Metal Forging Revenue Market Share by Manufacturers (2017-2022)
2.3 Global Metal Forging Average Price by Manufacturers (2017-2022)
2.4 Manufacturers Metal Forging Production Sites, Area Served, Product Type
3 Sales by Region
3.1 Global Metal Forging Sales Volume Market Share by Region (2017-2022)
3.2 Global Metal Forging Sales Revenue Market Share by Region (2017-2022)
3.3 North America Metal Forging Sales Volume
3.3.1 North America Metal Forging Sales Volume Growth Rate (2017-2022)
3.3.2 North America Metal Forging Sales Volume Capacity, Revenue, Price and Gross Margin (2017-2022)
3.4 East Asia Metal Forging Sales Volume
3.4.1 East Asia Metal Forging Sales Volume Growth Rate (2017-2022)
3.4.2 East Asia Metal Forging Sales Volume Capacity, Revenue, Price and Gross Margin (2017-2022)
3.5 Europe Metal Forging Sales Volume (2017-2022)
3.5.1 Europe Metal Forging Sales Volume Growth Rate (2017-2022)
3.5.2 Europe Metal Forging Sales Volume Capacity, Revenue, Price and Gross Margin (2017-2022)
3.6 South Asia Metal Forging Sales Volume (2017-2022)
3.6.1 South Asia Metal Forging Sales Volume Growth Rate (2017-2022)
3.6.2 South Asia Metal Forging Sales Volume Capacity, Revenue, Price and Gross Margin (2017-2022)
3.7 Southeast Asia Metal Forging Sales Volume (2017-2022)
3.7.1 Southeast Asia Metal Forging Sales Volume Growth Rate (2017-2022)
3.7.2 Southeast Asia Metal Forging Sales Volume Capacity, Revenue, Price and Gross Margin (2017-2022)
3.8 Middle East Metal Forging Sales Volume (2017-2022)
3.8.1 Middle East Metal Forging Sales Volume Growth Rate (2017-2022)
3.8.2 Middle East Metal Forging Sales Volume Capacity, Revenue, Price and Gross Margin (2017-2022)
3.9 Africa Metal Forging Sales Volume (2017-2022)
3.9.1 Africa Metal Forging Sales Volume Growth Rate (2017-2022)
3.9.2 Africa Metal Forging Sales Volume Capacity, Revenue, Price and Gross Margin (2017-2022)
3.10 Oceania Metal Forging Sales Volume (2017-2022)
3.10.1 Oceania Metal Forging Sales Volume Growth Rate (2017-2022)
3.10.2 Oceania Metal Forging Sales Volume Capacity, Revenue, Price and Gross Margin (2017-2022)
3.11 South America Metal Forging Sales Volume (2017-2022)
3.11.1 South America Metal Forging Sales Volume Growth Rate (2017-2022)
3.11.2 South America Metal Forging Sales Volume Capacity, Revenue, Price and Gross Margin (2017-2022)
3.12 Rest of the World Metal Forging Sales Volume (2017-2022)
3.12.1 Rest of the World Metal Forging Sales Volume Growth Rate (2017-2022)
3.12.2 Rest of the World Metal Forging Sales Volume Capacity, Revenue, Price and Gross Margin (2017-2022)
4 North America
4.1 North America Metal Forging Consumption by Countries
4.2 United States
4.3 Canada
4.4 Mexico
5 East Asia
5.1 East Asia Metal Forging Consumption by Countries
5.2 China
5.3 Japan
5.4 South Korea
6 Europe
6.1 Europe Metal Forging 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 Metal Forging Consumption by Countries
7.2 India
7.3 Pakistan
7.4 Bangladesh
8 Southeast Asia
8.1 Southeast Asia Metal Forging 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 Metal Forging 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 Metal Forging Consumption by Countries
10.2 Nigeria
10.3 South Africa
10.4 Egypt
10.5 Algeria
10.6 Morocco
11 Oceania
11.1 Oceania Metal Forging Consumption by Countries
11.2 Australia
11.3 New Zealand
12 South America
12.1 South America Metal Forging 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 Metal Forging Consumption by Countries
13.2 Kazakhstan
14 Sales Volume, Sales Revenue, Sales Price Trend by Type
14.1 Global Metal Forging Sales Volume Market Share by Type (2017-2022)
14.2 Global Metal Forging Sales Revenue Market Share by Type (2017-2022)
14.3 Global Metal Forging Sales Price by Type (2017-2022)
15 Consumption Analysis by Application
15.1 Global Metal Forging Consumption Volume by Application (2017-2022)
15.2 Global Metal Forging Consumption Value by Application (2017-2022)
16 Company Profiles and Key Figures in Metal Forging Business
16.1 Precision Castparts Corp. (Berkshire Hathaway)
16.1.1 Precision Castparts Corp. (Berkshire Hathaway) Company Profile
16.1.2 Precision Castparts Corp. (Berkshire Hathaway) Metal Forging Product Specification
16.1.3 Precision Castparts Corp. (Berkshire Hathaway) Metal Forging Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.2 Howmet Aerospace Inc.
16.2.1 Howmet Aerospace Inc. Company Profile
16.2.2 Howmet Aerospace Inc. Metal Forging Product Specification
16.2.3 Howmet Aerospace Inc. Metal Forging Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.3 Allegheny Technologies Incorporated (ATI)
16.3.1 Allegheny Technologies Incorporated (ATI) Company Profile
16.3.2 Allegheny Technologies Incorporated (ATI) Metal Forging Product Specification
16.3.3 Allegheny Technologies Incorporated (ATI) Metal Forging Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.4 Thyssenkrupp
16.4.1 Thyssenkrupp Company Profile
16.4.2 Thyssenkrupp Metal Forging Product Specification
16.4.3 Thyssenkrupp Metal Forging Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.5 Nippon Steel
16.5.1 Nippon Steel Company Profile
16.5.2 Nippon Steel Metal Forging Product Specification
16.5.3 Nippon Steel Metal Forging Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.6 VSMPO-AVISMA
16.6.1 VSMPO-AVISMA Company Profile
16.6.2 VSMPO-AVISMA Metal Forging Product Specification
16.6.3 VSMPO-AVISMA Metal Forging Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.7 KOBELCO
16.7.1 KOBELCO Company Profile
16.7.2 KOBELCO Metal Forging Product Specification
16.7.3 KOBELCO Metal Forging Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.8 Aichi Steel
16.8.1 Aichi Steel Company Profile
16.8.2 Aichi Steel Metal Forging Product Specification
16.8.3 Aichi Steel Metal Forging Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.9 Aubert & Duval (Eramet)
16.9.1 Aubert & Duval (Eramet) Company Profile
16.9.2 Aubert & Duval (Eramet) Metal Forging Product Specification
16.9.3 Aubert & Duval (Eramet) Metal Forging Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.10 Bharat Forge
16.10.1 Bharat Forge Company Profile
16.10.2 Bharat Forge Metal Forging Product Specification
16.10.3 Bharat Forge Metal Forging Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.11 American Axle and Manufacturing (AAM)
16.11.1 American Axle and Manufacturing (AAM) Company Profile
16.11.2 American Axle and Manufacturing (AAM) Metal Forging Product Specification
16.11.3 American Axle and Manufacturing (AAM) Metal Forging Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.12 AVIC Heavy Machinery
16.12.1 AVIC Heavy Machinery Company Profile
16.12.2 AVIC Heavy Machinery Metal Forging Product Specification
16.12.3 AVIC Heavy Machinery Metal Forging Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.13 Wanxiang Qianchao
16.13.1 Wanxiang Qianchao Company Profile
16.13.2 Wanxiang Qianchao Metal Forging Product Specification
16.13.3 Wanxiang Qianchao Metal Forging Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.14 FAW
16.14.1 FAW Company Profile
16.14.2 FAW Metal Forging Product Specification
16.14.3 FAW Metal Forging Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.15 FRISA
16.15.1 FRISA Company Profile
16.15.2 FRISA Metal Forging Product Specification
16.15.3 FRISA Metal Forging Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.16 Farinia Group
16.16.1 Farinia Group Company Profile
16.16.2 Farinia Group Metal Forging Product Specification
16.16.3 Farinia Group Metal Forging Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.17 Longcheng Precision Forging
16.17.1 Longcheng Precision Forging Company Profile
16.17.2 Longcheng Precision Forging Metal Forging Product Specification
16.17.3 Longcheng Precision Forging Metal Forging Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.18 Pacific Precision Forging
16.18.1 Pacific Precision Forging Company Profile
16.18.2 Pacific Precision Forging Metal Forging Product Specification
16.18.3 Pacific Precision Forging Metal Forging Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.19 Jinma Industrial Group
16.19.1 Jinma Industrial Group Company Profile
16.19.2 Jinma Industrial Group Metal Forging Product Specification
16.19.3 Jinma Industrial Group Metal Forging Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.20 Mahindra Forgings Europe
16.20.1 Mahindra Forgings Europe Company Profile
16.20.2 Mahindra Forgings Europe Metal Forging Product Specification
16.20.3 Mahindra Forgings Europe Metal Forging Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.21 Jinan Sinotruck Co.
16.21.1 Jinan Sinotruck Co. Company Profile
16.21.2 Jinan Sinotruck Co. Metal Forging Product Specification
16.21.3 Jinan Sinotruck Co. Metal Forging Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.22 CITIC Heavy Industries
16.22.1 CITIC Heavy Industries Company Profile
16.22.2 CITIC Heavy Industries Metal Forging Product Specification
16.22.3 CITIC Heavy Industries Metal Forging Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.23 Dongfeng Forging
16.23.1 Dongfeng Forging Company Profile
16.23.2 Dongfeng Forging Metal Forging Product Specification
16.23.3 Dongfeng Forging Metal Forging Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.24 Acerinox S.A.
16.24.1 Acerinox S.A. Company Profile
16.24.2 Acerinox S.A. Metal Forging Product Specification
16.24.3 Acerinox S.A. Metal Forging Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.25 Jiangyin Hengrun Heavy Industries
16.25.1 Jiangyin Hengrun Heavy Industries Company Profile
16.25.2 Jiangyin Hengrun Heavy Industries Metal Forging Product Specification
16.25.3 Jiangyin Hengrun Heavy Industries Metal Forging Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.26 Tongyu Heavy Industry
16.26.1 Tongyu Heavy Industry Company Profile
16.26.2 Tongyu Heavy Industry Metal Forging Product Specification
16.26.3 Tongyu Heavy Industry Metal Forging Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.27 Wuxi Paike New Material Technology
16.27.1 Wuxi Paike New Material Technology Company Profile
16.27.2 Wuxi Paike New Material Technology Metal Forging Product Specification
16.27.3 Wuxi Paike New Material Technology Metal Forging Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.28 Scot Forge Company
16.28.1 Scot Forge Company Company Profile
16.28.2 Scot Forge Company Metal Forging Product Specification
16.28.3 Scot Forge Company Metal Forging Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.29 Xi`an Triangle Defence Incorporated Company
16.29.1 Xi`an Triangle Defence Incorporated Company Company Profile
16.29.2 Xi`an Triangle Defence Incorporated Company Metal Forging Product Specification
16.29.3 Xi`an Triangle Defence Incorporated Company Metal Forging Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.30 Brück GmbH
16.30.1 Brück GmbH Company Profile
16.30.2 Brück GmbH Metal Forging Product Specification
16.30.3 Brück GmbH Metal Forging Production Capacity, Revenue, Price and Gross Margin (2017-2022)
17 Metal Forging Manufacturing Cost Analysis
17.1 Metal Forging Key Raw Materials Analysis
17.1.1 Key Raw Materials
17.2 Proportion of Manufacturing Cost Structure
17.3 Manufacturing Process Analysis of Metal Forging
17.4 Metal Forging Industrial Chain Analysis
18 Marketing Channel, Distributors and Customers
18.1 Marketing Channel
18.2 Metal Forging Distributors List
18.3 Metal Forging 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 Metal Forging (2023-2032)
20.2 Global Forecasted Revenue of Metal Forging (2023-2032)
20.3 Global Forecasted Price of Metal Forging (2017-2032)
20.4 Global Forecasted Production of Metal Forging by Region (2023-2032)
20.4.1 North America Metal Forging Production, Revenue Forecast (2023-2032)
20.4.2 East Asia Metal Forging Production, Revenue Forecast (2023-2032)
20.4.3 Europe Metal Forging Production, Revenue Forecast (2023-2032)
20.4.4 South Asia Metal Forging Production, Revenue Forecast (2023-2032)
20.4.5 Southeast Asia Metal Forging Production, Revenue Forecast (2023-2032)
20.4.6 Middle East Metal Forging Production, Revenue Forecast (2023-2032)
20.4.7 Africa Metal Forging Production, Revenue Forecast (2023-2032)
20.4.8 Oceania Metal Forging Production, Revenue Forecast (2023-2032)
20.4.9 South America Metal Forging Production, Revenue Forecast (2023-2032)
20.4.10 Rest of the World Metal Forging 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 Metal Forging by Application (2023-2032)
21 Consumption and Demand Forecast
21.1 North America Forecasted Consumption of Metal Forging by Country
21.2 East Asia Market Forecasted Consumption of Metal Forging by Country
21.3 Europe Market Forecasted Consumption of Metal Forging by Countriy
21.4 South Asia Forecasted Consumption of Metal Forging by Country
21.5 Southeast Asia Forecasted Consumption of Metal Forging by Country
21.6 Middle East Forecasted Consumption of Metal Forging by Country
21.7 Africa Forecasted Consumption of Metal Forging by Country
21.8 Oceania Forecasted Consumption of Metal Forging by Country
21.9 South America Forecasted Consumption of Metal Forging by Country
21.10 Rest of the world Forecasted Consumption of Metal Forging 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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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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