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Global Surge Protective Devices (SPD) Market Size, Industry Analysis By Segmentations, Top Key Players, Trends, Future Development & Forecast 2024-2035

  • PUBLISHED ON
  • 2/24/2023
  • NO OF PAGES
  • 287
  • CATEGORY
  • Construction & Manufacturing
Surge Protective Devices (SPD) 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 Surge Protective Devices (SPD) 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 Surge Protective Devices (SPD) 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 Surge Protective Devices (SPD) market covering all its essential aspects.

Global Surge Protective Devices (SPD) Market: Segmentations



Global Surge Protective Devices (SPD) Market: Major Players
RAYCAP CORPORATION
Eaton Corporation, Plc
ISG global
Citel
Emerson Electric Company
Belkin International
Koninklijke Philips N.V.
Tripp Lite
Hubbell Incorporated
Siemens AG
LittleFuse
MCG Surge Protection
Schneider Electric SE
Panamax,
PHOENIX CONTACT GMBH
Maxivolt Corporation
ABB, Ltd.
The Pentair Electrical & Fastening Solutions
JMV
Rev Ritter GMBH
GE
Mersen
Legrand

Global Surge Protective Devices (SPD) Market: By Types
Hard-Wired
Plug-In
Line Cord

Global Surge Protective Devices (SPD) Market: By Applications
Industrial
Commercial
Residential



Global Surge Protective Devices (SPD) Market: Regional Analysis
The countries covered in the regional analysis of the Global Surge Protective Devices (SPD) 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 Surge Protective Devices (SPD) 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 Surge Protective Devices (SPD) 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 Surge Protective Devices (SPD) 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 Surge Protective Devices (SPD) Introduction and Market Overview
1.1 Objectives of the Study
1.2 Overview of Surge Protective Devices (SPD)
1.3 Surge Protective Devices (SPD) Market Scope and Market Size Estimation
1.3.1 Market Concentration Ratio and Market Maturity Analysis
1.3.2 Global Surge Protective Devices (SPD) Revenue and Growth Rate from 2016-2026
1.4 Market Segmentation
1.4.1 Types of Surge Protective Devices (SPD)
1.4.2 Applications of Surge Protective Devices (SPD)
1.4.3 Research Regions
1.5 Market Dynamics
1.5.1 Surge Protective Devices (SPD) Industry Trends
1.5.2 Surge Protective Devices (SPD) Drivers
1.5.3 Surge Protective Devices (SPD) Market Challenges
1.5.4 Surge Protective Devices (SPD) 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 Surge Protective Devices (SPD) Industry Development Trends under COVID-19 Outbreak
1.8.1 Global COVID-19 Status Overview
1.8.2 Influence of COVID-19 Outbreak on Surge Protective Devices (SPD) Industry Development

2 Industry Chain Analysis
2.1 Upstream Raw Material Supply and Demand Analysis
2.1.1 Global Surge Protective Devices (SPD) Major Upstream Raw Material and Suppliers
2.1.2 Raw Material Source Analysis
2.2 Major Players of Surge Protective Devices (SPD)
2.2.1 Major Players Manufacturing Base of Surge Protective Devices (SPD) in 2020
2.2.2 Major Players Market Distribution in 2020
2.3 Surge Protective Devices (SPD) Manufacturing Cost Structure Analysis
2.3.1 Production Process Analysis
2.3.2 Manufacturing Cost Structure of Surge Protective Devices (SPD)
2.3.3 Labor Cost of Surge Protective Devices (SPD)
2.4 Market Channel Analysis of Surge Protective Devices (SPD)
2.5 Major Down Stream Customers by Application

3 Global Surge Protective Devices (SPD) Market, by Type
3.1 Global Surge Protective Devices (SPD) Revenue and Market Share by Type (2016-2021)
3.2 Global Surge Protective Devices (SPD) Production and Market Share by Type (2016-2021)
3.3 Global Surge Protective Devices (SPD) Revenue and Growth Rate by Type (2016-2021)
3.3.1 Global Surge Protective Devices (SPD) Revenue and Growth Rate of Hard-Wired
3.3.2 Global Surge Protective Devices (SPD) Revenue and Growth Rate of Plug-In
3.3.3 Global Surge Protective Devices (SPD) Revenue and Growth Rate of Line Cord
3.4 Global Surge Protective Devices (SPD) Price Analysis by Type (2016-2021)
3.4.1 Explanation of Different Type Product Price Trends

4 Surge Protective Devices (SPD) Market, by Application
4.1 Downstream Market Overview
4.2 Global Surge Protective Devices (SPD) Consumption and Market Share by Application (2016-2021)
4.3 Global Surge Protective Devices (SPD) Consumption and Growth Rate by Application (2016-2021)
4.3.1 Global Surge Protective Devices (SPD) Consumption and Growth Rate of Industrial (2016-2021)
4.3.2 Global Surge Protective Devices (SPD) Consumption and Growth Rate of Commercial (2016-2021)
4.3.3 Global Surge Protective Devices (SPD) Consumption and Growth Rate of Residential (2016-2021)

5 Global Surge Protective Devices (SPD) Consumption, Revenue ($) by Region (2016-2021)
5.1 Global Surge Protective Devices (SPD) Revenue and Market Share by Region (2016-2021)
5.2 Global Surge Protective Devices (SPD) Consumption and Market Share by Region (2016-2021)
5.3 Global Surge Protective Devices (SPD) Consumption, Revenue, Price and Gross Margin (2016-2021)
5.4 North America Surge Protective Devices (SPD) Consumption, Revenue, Price and Gross Margin (2016-2021)
5.4.1 North America Surge Protective Devices (SPD) Market Under COVID-19
5.4.2 North America Surge Protective Devices (SPD) SWOT Analysis
5.5 Europe Surge Protective Devices (SPD) Consumption, Revenue, Price and Gross Margin (2016-2021)
5.5.1 Europe Surge Protective Devices (SPD) Market Under COVID-19
5.5.2 Europe Surge Protective Devices (SPD) SWOT Analysis
5.6 China Surge Protective Devices (SPD) Consumption, Revenue, Price and Gross Margin (2016-2021)
5.6.1 China Surge Protective Devices (SPD) Market Under COVID-19
5.6.2 China Surge Protective Devices (SPD) SWOT Analysis
5.7 Japan Surge Protective Devices (SPD) Consumption, Revenue, Price and Gross Margin (2016-2021)
5.7.1 Japan Surge Protective Devices (SPD) Market Under COVID-19
5.7.2 Japan Surge Protective Devices (SPD) SWOT Analysis
5.8 Middle East and Africa Surge Protective Devices (SPD) Consumption, Revenue, Price and Gross Margin (2016-2021)
5.8.1 Middle East and Africa Surge Protective Devices (SPD) Market Under COVID-19
5.8.2 Middle East and Africa Surge Protective Devices (SPD) SWOT Analysis
5.9 India Surge Protective Devices (SPD) Consumption, Revenue, Price and Gross Margin (2016-2021)
5.9.1 India Surge Protective Devices (SPD) Market Under COVID-19
5.9.2 India Surge Protective Devices (SPD) SWOT Analysis
5.10 South America Surge Protective Devices (SPD) Consumption, Revenue, Price and Gross Margin (2016-2021)
5.10.1 South America Surge Protective Devices (SPD) Market Under COVID-19
5.10.2 South America Surge Protective Devices (SPD) SWOT Analysis
5.11 South Korea Surge Protective Devices (SPD) Consumption, Revenue, Price and Gross Margin (2016-2021)
5.11.1 South Korea Surge Protective Devices (SPD) Market Under COVID-19
5.11.2 South Korea Surge Protective Devices (SPD) SWOT Analysis
5.12 Southeast Asia Surge Protective Devices (SPD) Consumption, Revenue, Price and Gross Margin (2016-2021)
5.12.1 Southeast Asia Surge Protective Devices (SPD) Market Under COVID-19
5.12.2 Southeast Asia Surge Protective Devices (SPD) SWOT Analysis

6 Global Surge Protective Devices (SPD) Production by Top Regions (2016-2021)
6.1 Global Surge Protective Devices (SPD) Production by Top Regions (2016-2021)
6.2 North America Surge Protective Devices (SPD) Production and Growth Rate
6.3 Europe Surge Protective Devices (SPD) Production and Growth Rate
6.4 China Surge Protective Devices (SPD) Production and Growth Rate
6.5 Japan Surge Protective Devices (SPD) Production and Growth Rate
6.6 India Surge Protective Devices (SPD) Production and Growth Rate

7 Global Surge Protective Devices (SPD) Consumption by Regions (2016-2021)
7.1 Global Surge Protective Devices (SPD) Consumption by Regions (2016-2021)
7.2 North America Surge Protective Devices (SPD) Consumption and Growth Rate
7.3 Europe Surge Protective Devices (SPD) Consumption and Growth Rate
7.4 China Surge Protective Devices (SPD) Consumption and Growth Rate
7.5 Japan Surge Protective Devices (SPD) Consumption and Growth Rate
7.6 Middle East & Africa Surge Protective Devices (SPD) Consumption and Growth Rate
7.7 India Surge Protective Devices (SPD) Consumption and Growth Rate
7.8 South America Surge Protective Devices (SPD) Consumption and Growth Rate
7.9 South Korea Surge Protective Devices (SPD) Consumption and Growth Rate
7.10 Southeast Asia Surge Protective Devices (SPD) Consumption and Growth Rate

8 Competitive Landscape
8.1 Competitive Profile
8.2 RAYCAP CORPORATION Market Performance Analysis
8.2.1 Company Profiles
8.2.2 Surge Protective Devices (SPD) Product Profiles, Application and Specification
8.2.3 RAYCAP CORPORATION 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 Eaton Corporation, Plc Market Performance Analysis
8.3.1 Company Profiles
8.3.2 Surge Protective Devices (SPD) Product Profiles, Application and Specification
8.3.3 Eaton Corporation, Plc 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 ISG global Market Performance Analysis
8.4.1 Company Profiles
8.4.2 Surge Protective Devices (SPD) Product Profiles, Application and Specification
8.4.3 ISG global 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 Citel Market Performance Analysis
8.5.1 Company Profiles
8.5.2 Surge Protective Devices (SPD) Product Profiles, Application and Specification
8.5.3 Citel 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 Emerson Electric Company Market Performance Analysis
8.6.1 Company Profiles
8.6.2 Surge Protective Devices (SPD) Product Profiles, Application and Specification
8.6.3 Emerson Electric Company 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 Belkin International Market Performance Analysis
8.7.1 Company Profiles
8.7.2 Surge Protective Devices (SPD) Product Profiles, Application and Specification
8.7.3 Belkin International 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 Koninklijke Philips N.V. Market Performance Analysis
8.8.1 Company Profiles
8.8.2 Surge Protective Devices (SPD) Product Profiles, Application and Specification
8.8.3 Koninklijke Philips N.V. 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 Tripp Lite Market Performance Analysis
8.9.1 Company Profiles
8.9.2 Surge Protective Devices (SPD) Product Profiles, Application and Specification
8.9.3 Tripp Lite 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 Hubbell Incorporated Market Performance Analysis
8.10.1 Company Profiles
8.10.2 Surge Protective Devices (SPD) Product Profiles, Application and Specification
8.10.3 Hubbell Incorporated 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 Siemens AG Market Performance Analysis
8.11.1 Company Profiles
8.11.2 Surge Protective Devices (SPD) Product Profiles, Application and Specification
8.11.3 Siemens AG 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 LittleFuse Market Performance Analysis
8.12.1 Company Profiles
8.12.2 Surge Protective Devices (SPD) Product Profiles, Application and Specification
8.12.3 LittleFuse 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 MCG Surge Protection Market Performance Analysis
8.13.1 Company Profiles
8.13.2 Surge Protective Devices (SPD) Product Profiles, Application and Specification
8.13.3 MCG Surge Protection 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 Schneider Electric SE Market Performance Analysis
8.14.1 Company Profiles
8.14.2 Surge Protective Devices (SPD) Product Profiles, Application and Specification
8.14.3 Schneider Electric SE 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 Panamax, Market Performance Analysis
8.15.1 Company Profiles
8.15.2 Surge Protective Devices (SPD) Product Profiles, Application and Specification
8.15.3 Panamax, 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 PHOENIX CONTACT GMBH Market Performance Analysis
8.16.1 Company Profiles
8.16.2 Surge Protective Devices (SPD) Product Profiles, Application and Specification
8.16.3 PHOENIX CONTACT GMBH 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 Maxivolt Corporation Market Performance Analysis
8.17.1 Company Profiles
8.17.2 Surge Protective Devices (SPD) Product Profiles, Application and Specification
8.17.3 Maxivolt Corporation 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 ABB, Ltd. Market Performance Analysis
8.18.1 Company Profiles
8.18.2 Surge Protective Devices (SPD) Product Profiles, Application and Specification
8.18.3 ABB, Ltd. 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 The Pentair Electrical & Fastening Solutions Market Performance Analysis
8.19.1 Company Profiles
8.19.2 Surge Protective Devices (SPD) Product Profiles, Application and Specification
8.19.3 The Pentair Electrical & Fastening Solutions 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 JMV Market Performance Analysis
8.20.1 Company Profiles
8.20.2 Surge Protective Devices (SPD) Product Profiles, Application and Specification
8.20.3 JMV 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
8.21 Rev Ritter GMBH Market Performance Analysis
8.21.1 Company Profiles
8.21.2 Surge Protective Devices (SPD) Product Profiles, Application and Specification
8.21.3 Rev Ritter GMBH Sales, Revenue, Price, Gross Margin 2016-2021
8.21.4 Company Recent Development
8.21.5 Strategies for Company to Deal with the Impact of COVID-19
8.22 GE Market Performance Analysis
8.22.1 Company Profiles
8.22.2 Surge Protective Devices (SPD) Product Profiles, Application and Specification
8.22.3 GE Sales, Revenue, Price, Gross Margin 2016-2021
8.22.4 Company Recent Development
8.22.5 Strategies for Company to Deal with the Impact of COVID-19
8.23 Mersen Market Performance Analysis
8.23.1 Company Profiles
8.23.2 Surge Protective Devices (SPD) Product Profiles, Application and Specification
8.23.3 Mersen Sales, Revenue, Price, Gross Margin 2016-2021
8.23.4 Company Recent Development
8.23.5 Strategies for Company to Deal with the Impact of COVID-19
8.24 Legrand Market Performance Analysis
8.24.1 Company Profiles
8.24.2 Surge Protective Devices (SPD) Product Profiles, Application and Specification
8.24.3 Legrand Sales, Revenue, Price, Gross Margin 2016-2021
8.24.4 Company Recent Development
8.24.5 Strategies for Company to Deal with the Impact of COVID-19

9 Global Surge Protective Devices (SPD) Market Analysis and Forecast by Type and Application
9.1 Global Surge Protective Devices (SPD) Market Revenue & Volume Forecast, by Type (2021-2026)
9.1.1 Hard-Wired Market Revenue and Volume Forecast (2021-2026)
9.1.2 Plug-In Market Revenue and Volume Forecast (2021-2026)
9.1.3 Line Cord Market Revenue and Volume Forecast (2021-2026)
9.2 Global Surge Protective Devices (SPD) Market Revenue & Volume Forecast, by Application (2021-2026)
9.2.1 Industrial Market Revenue and Volume Forecast (2021-2026)
9.2.2 Commercial Market Revenue and Volume Forecast (2021-2026)
9.2.3 Residential Market Revenue and Volume Forecast (2021-2026)

10 Surge Protective Devices (SPD) 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 Surge Protective Devices (SPD) 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

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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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