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Global Grid Scale Energy Storage Systems Market Size, Industry Analysis By Segmentations, Top Key Players, Trends, Future Development & Forecast 2024-2035

  • PUBLISHED ON
  • 9/1/2022
  • NO OF PAGES
  • 225
  • CATEGORY
  • Energy & Power
The Grid Scale Energy Storage Systems market report is a perfect foundation for people looking out for a comprehensive study and analysis of the Grid Scale Energy Storage Systems market. On the basis of historic growth analysis and current scenario of Grid Scale Energy Storage Systems market place, the report intends to offer actionable insights on global market growth projections. Authenticated data presented in report is based on findings of extensive primary and secondary research. Insights drawn from data serve as excellent tools that facilitate deeper understanding of multiple aspects of global Grid Scale Energy Storage Systems market. This further helps user with their developmental strategy.

This report examines all the key factors influencing growth of global Grid Scale Energy Storage Systems market, including demand-supply scenario, pricing structure, profit margins, production and value chain analysis. Regional assessment of global Grid Scale Energy Storage Systems market unlocks a plethora of untapped opportunities in regional and domestic market places. Detailed company profiling enables users to evaluate company shares analysis, emerging product lines, scope of NPD in new markets, pricing strategies, innovation possibilities and much more.

Global Grid Scale Energy Storage Systems Market: Major Players
Sharp Corporation
Sumitomo Electric Industries, Ltd
Kyushu Electric Power Company
Duke Energy Corporation
Tesla Inc
Hokkaido Electric Power Company
LG
Korea Electric Power Corporation
KOKAM
Siemens
EDF
SAFT
Parker Hannifin
Tianjin Lishen Battery Co., Ltd.
NEC Energy Solutions Inc.
ABB
Panasonic
GE Energy Storage
BYD Co. Ltd
RedFlow Energy Storage Solutions
Sonnenbatterie GmbH
NGK Insulators Ltd.
Samsung SDI Co. Ltd.
Mitsubishi
Dynapower

Global Grid Scale Energy Storage Systems Market: Types
Pumped Hydro
Compressed Air Energy Storage (CAES)
Flywheel
Sodium based Battery
Lead-Acid Batteries
Lithium-ion Batteries
Sodium-Sulfur (NaS) Batteries
Flow Batteries

Global Grid Scale Energy Storage Systems Market: Applications
Renewable Energy Generation
Distributed and Micronet
Others

Global Grid Scale Energy Storage Systems Market: Regional Analysis
All the regional segmentation has been studied based on recent and future trends, and the market is forecasted throughout the prediction period. The countries covered in the regional analysis of the Global Grid Scale Energy Storage Systems 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 Points:
Define, describe and forecast Grid Scale Energy Storage Systems product market by type, application, end user and region.
Provide enterprise external environment analysis and PEST analysis.
Provide strategies for company to deal with the impact of COVID-19.
Provide market dynamic analysis, including market driving factors, market development constraints.
Provide market entry strategy analysis for new players or players who are ready to enter the market, including market segment definition, client analysis, distribution model, product messaging and positioning, and price strategy analysis.
Keep up with international market trends and provide analysis of the impact of the COVID-19 epidemic on major regions of the world.
Analyze the market opportunities of stakeholders and provide market leaders with details of the competitive landscape.

Years considered for this report:
Historical Years: 2016-2021
Base Year: 2021
Estimated Year: 2022
Forecast Period: 2022-2030
Base Year: 2023
Historic Year: 2016-2022
Forecast: 2024-2035


1 Grid Scale Energy Storage Systems Market Definition and Overview
1.1 Objectives of the Study
1.2 Overview of Grid Scale Energy Storage Systems
1.3 Grid Scale Energy Storage Systems Market Scope and Market Size Estimation
1.4 Market Segmentation
1.4.1 Types of Grid Scale Energy Storage Systems
1.4.2 Applications of Grid Scale Energy Storage Systems
1.5 Market Exchange Rate

2 Research Method and Logic
2.1 Methodology
2.2 Research Data Source

3 Market Competition Analysis
3.1 Sharp Corporation Market Performance Analysis
3.1.1 Sharp Corporation Basic Information
3.1.2 Product and Service Analysis
3.1.3 Strategies for Company to Deal with the Impact of COVID-19
3.1.4 Sharp Corporation Sales, Value, Price, Gross Margin 2016-2021
3.2 Sumitomo Electric Industries, Ltd Market Performance Analysis
3.2.1 Sumitomo Electric Industries, Ltd Basic Information
3.2.2 Product and Service Analysis
3.2.3 Strategies for Company to Deal with the Impact of COVID-19
3.2.4 Sumitomo Electric Industries, Ltd Sales, Value, Price, Gross Margin 2016-2021
3.3 Kyushu Electric Power Company Market Performance Analysis
3.3.1 Kyushu Electric Power Company Basic Information
3.3.2 Product and Service Analysis
3.3.3 Strategies for Company to Deal with the Impact of COVID-19
3.3.4 Kyushu Electric Power Company Sales, Value, Price, Gross Margin 2016-2021
3.4 Duke Energy Corporation Market Performance Analysis
3.4.1 Duke Energy Corporation Basic Information
3.4.2 Product and Service Analysis
3.4.3 Strategies for Company to Deal with the Impact of COVID-19
3.4.4 Duke Energy Corporation Sales, Value, Price, Gross Margin 2016-2021
3.5 Tesla Inc Market Performance Analysis
3.5.1 Tesla Inc Basic Information
3.5.2 Product and Service Analysis
3.5.3 Strategies for Company to Deal with the Impact of COVID-19
3.5.4 Tesla Inc Sales, Value, Price, Gross Margin 2016-2021
3.6 Hokkaido Electric Power Company Market Performance Analysis
3.6.1 Hokkaido Electric Power Company Basic Information
3.6.2 Product and Service Analysis
3.6.3 Strategies for Company to Deal with the Impact of COVID-19
3.6.4 Hokkaido Electric Power Company Sales, Value, Price, Gross Margin 2016-2021
3.7 LG Market Performance Analysis
3.7.1 LG Basic Information
3.7.2 Product and Service Analysis
3.7.3 Strategies for Company to Deal with the Impact of COVID-19
3.7.4 LG Sales, Value, Price, Gross Margin 2016-2021
3.8 Korea Electric Power Corporation Market Performance Analysis
3.8.1 Korea Electric Power Corporation Basic Information
3.8.2 Product and Service Analysis
3.8.3 Strategies for Company to Deal with the Impact of COVID-19
3.8.4 Korea Electric Power Corporation Sales, Value, Price, Gross Margin 2016-2021
3.9 KOKAM Market Performance Analysis
3.9.1 KOKAM Basic Information
3.9.2 Product and Service Analysis
3.9.3 Strategies for Company to Deal with the Impact of COVID-19
3.9.4 KOKAM Sales, Value, Price, Gross Margin 2016-2021
3.10 Siemens Market Performance Analysis
3.10.1 Siemens Basic Information
3.10.2 Product and Service Analysis
3.10.3 Strategies for Company to Deal with the Impact of COVID-19
3.10.4 Siemens Sales, Value, Price, Gross Margin 2016-2021
3.11 EDF Market Performance Analysis
3.11.1 EDF Basic Information
3.11.2 Product and Service Analysis
3.11.3 Strategies for Company to Deal with the Impact of COVID-19
3.11.4 EDF Sales, Value, Price, Gross Margin 2016-2021
3.12 SAFT Market Performance Analysis
3.12.1 SAFT Basic Information
3.12.2 Product and Service Analysis
3.12.3 Strategies for Company to Deal with the Impact of COVID-19
3.12.4 SAFT Sales, Value, Price, Gross Margin 2016-2021
3.13 Parker Hannifin Market Performance Analysis
3.13.1 Parker Hannifin Basic Information
3.13.2 Product and Service Analysis
3.13.3 Strategies for Company to Deal with the Impact of COVID-19
3.13.4 Parker Hannifin Sales, Value, Price, Gross Margin 2016-2021
3.14 Tianjin Lishen Battery Co., Ltd. Market Performance Analysis
3.14.1 Tianjin Lishen Battery Co., Ltd. Basic Information
3.14.2 Product and Service Analysis
3.14.3 Strategies for Company to Deal with the Impact of COVID-19
3.14.4 Tianjin Lishen Battery Co., Ltd. Sales, Value, Price, Gross Margin 2016-2021
3.15 NEC Energy Solutions Inc. Market Performance Analysis
3.15.1 NEC Energy Solutions Inc. Basic Information
3.15.2 Product and Service Analysis
3.15.3 Strategies for Company to Deal with the Impact of COVID-19
3.15.4 NEC Energy Solutions Inc. Sales, Value, Price, Gross Margin 2016-2021
3.16 ABB Market Performance Analysis
3.16.1 ABB Basic Information
3.16.2 Product and Service Analysis
3.16.3 Strategies for Company to Deal with the Impact of COVID-19
3.16.4 ABB Sales, Value, Price, Gross Margin 2016-2021
3.17 Panasonic Market Performance Analysis
3.17.1 Panasonic Basic Information
3.17.2 Product and Service Analysis
3.17.3 Strategies for Company to Deal with the Impact of COVID-19
3.17.4 Panasonic Sales, Value, Price, Gross Margin 2016-2021
3.18 GE Energy Storage Market Performance Analysis
3.18.1 GE Energy Storage Basic Information
3.18.2 Product and Service Analysis
3.18.3 Strategies for Company to Deal with the Impact of COVID-19
3.18.4 GE Energy Storage Sales, Value, Price, Gross Margin 2016-2021
3.19 BYD Co. Ltd Market Performance Analysis
3.19.1 BYD Co. Ltd Basic Information
3.19.2 Product and Service Analysis
3.19.3 Strategies for Company to Deal with the Impact of COVID-19
3.19.4 BYD Co. Ltd Sales, Value, Price, Gross Margin 2016-2021
3.20 RedFlow Energy Storage Solutions Market Performance Analysis
3.20.1 RedFlow Energy Storage Solutions Basic Information
3.20.2 Product and Service Analysis
3.20.3 Strategies for Company to Deal with the Impact of COVID-19
3.20.4 RedFlow Energy Storage Solutions Sales, Value, Price, Gross Margin 2016-2021
3.21 Sonnenbatterie GmbH Market Performance Analysis
3.21.1 Sonnenbatterie GmbH Basic Information
3.21.2 Product and Service Analysis
3.21.3 Strategies for Company to Deal with the Impact of COVID-19
3.21.4 Sonnenbatterie GmbH Sales, Value, Price, Gross Margin 2016-2021
3.22 NGK Insulators Ltd. Market Performance Analysis
3.22.1 NGK Insulators Ltd. Basic Information
3.22.2 Product and Service Analysis
3.22.3 Strategies for Company to Deal with the Impact of COVID-19
3.22.4 NGK Insulators Ltd. Sales, Value, Price, Gross Margin 2016-2021
3.23 Samsung SDI Co. Ltd. Market Performance Analysis
3.23.1 Samsung SDI Co. Ltd. Basic Information
3.23.2 Product and Service Analysis
3.23.3 Strategies for Company to Deal with the Impact of COVID-19
3.23.4 Samsung SDI Co. Ltd. Sales, Value, Price, Gross Margin 2016-2021
3.24 Mitsubishi Market Performance Analysis
3.24.1 Mitsubishi Basic Information
3.24.2 Product and Service Analysis
3.24.3 Strategies for Company to Deal with the Impact of COVID-19
3.24.4 Mitsubishi Sales, Value, Price, Gross Margin 2016-2021
3.25 Dynapower Market Performance Analysis
3.25.1 Dynapower Basic Information
3.25.2 Product and Service Analysis
3.25.3 Strategies for Company to Deal with the Impact of COVID-19
3.25.4 Dynapower Sales, Value, Price, Gross Margin 2016-2021

4 Market Segment by Type, Historical Data and Market Forecasts
4.1 Global Grid Scale Energy Storage Systems Production and Value by Type
4.1.1 Global Grid Scale Energy Storage Systems Production by Type 2016-2021
4.1.2 Global Grid Scale Energy Storage Systems Market Value by Type 2016-2021
4.2 Global Grid Scale Energy Storage Systems Market Production, Value and Growth Rate by Type 2016-2021
4.2.1 Pumped Hydro Market Production, Value and Growth Rate
4.2.2 Compressed Air Energy Storage (CAES) Market Production, Value and Growth Rate
4.2.3 Flywheel Market Production, Value and Growth Rate
4.2.4 Sodium based Battery Market Production, Value and Growth Rate
4.2.5 Lead-Acid Batteries Market Production, Value and Growth Rate
4.2.6 Lithium-ion Batteries Market Production, Value and Growth Rate
4.2.7 Sodium-Sulfur (NaS) Batteries Market Production, Value and Growth Rate
4.2.8 Flow Batteries Market Production, Value and Growth Rate
4.3 Global Grid Scale Energy Storage Systems Production and Value Forecast by Type
4.3.1 Global Grid Scale Energy Storage Systems Production Forecast by Type 2021-2026
4.3.2 Global Grid Scale Energy Storage Systems Market Value Forecast by Type 2021-2026
4.4 Global Grid Scale Energy Storage Systems Market Production, Value and Growth Rate by Type Forecast 2021-2026
4.4.1 Pumped Hydro Market Production, Value and Growth Rate Forecast
4.4.2 Compressed Air Energy Storage (CAES) Market Production, Value and Growth Rate Forecast
4.4.3 Flywheel Market Production, Value and Growth Rate Forecast
4.4.4 Sodium based Battery Market Production, Value and Growth Rate Forecast
4.4.5 Lead-Acid Batteries Market Production, Value and Growth Rate Forecast
4.4.6 Lithium-ion Batteries Market Production, Value and Growth Rate Forecast
4.4.7 Sodium-Sulfur (NaS) Batteries Market Production, Value and Growth Rate Forecast
4.4.8 Flow Batteries Market Production, Value and Growth Rate Forecast

5 Market Segment by Application, Historical Data and Market Forecasts
5.1 Global Grid Scale Energy Storage Systems Consumption and Value by Application
5.1.1 Global Grid Scale Energy Storage Systems Consumption by Application 2016-2021
5.1.2 Global Grid Scale Energy Storage Systems Market Value by Application 2016-2021
5.2 Global Grid Scale Energy Storage Systems Market Consumption, Value and Growth Rate by Application 2016-2021
5.2.1 Renewable Energy Generation Market Consumption, Value and Growth Rate
5.2.2 Distributed and Micronet Market Consumption, Value and Growth Rate
5.2.3 Others Market Consumption, Value and Growth Rate
5.3 Global Grid Scale Energy Storage Systems Consumption and Value Forecast by Application
5.3.1 Global Grid Scale Energy Storage Systems Consumption Forecast by Application 2021-2026
5.3.2 Global Grid Scale Energy Storage Systems Market Value Forecast by Application 2021-2026
5.4 Global Grid Scale Energy Storage Systems Market Consumption, Value and Growth Rate by Application Forecast 2021-2026
5.4.1 Renewable Energy Generation Market Consumption, Value and Growth Rate Forecast
5.4.2 Distributed and Micronet Market Consumption, Value and Growth Rate Forecast
5.4.3 Others Market Consumption, Value and Growth Rate Forecast

6 Global Grid Scale Energy Storage Systems by Region, Historical Data and Market Forecasts
6.1 Global Grid Scale Energy Storage Systems Sales by Region 2016-2021
6.2 Global Grid Scale Energy Storage Systems Market Value by Region 2016-2021
6.3 Global Grid Scale Energy Storage Systems Market Sales, Value and Growth Rate by Region 2016-2021
6.3.1 North America
6.3.2 Europe
6.3.3 Asia Pacific
6.3.4 South America
6.3.5 Middle East and Africa
6.4 Global Grid Scale Energy Storage Systems Sales Forecast by Region 2021-2026
6.5 Global Grid Scale Energy Storage Systems Market Value Forecast by Region 2021-2026
6.6 Global Grid Scale Energy Storage Systems Market Sales, Value and Growth Rate Forecast by Region 2021-2026
6.6.1 North America
6.6.2 Europe
6.6.3 Asia Pacific
6.6.4 South America
6.6.5 Middle East and Africa

7 United State Market Size Analysis 2016-2026
7.1 United State Grid Scale Energy Storage Systems Value and Market Growth 2016-2021
7.2 United State Grid Scale Energy Storage Systems Sales and Market Growth 2016-2021
7.3 United State Grid Scale Energy Storage Systems Market Value Forecast 2021-2026

8 Canada Market Size Analysis 2016-2026
8.1 Canada Grid Scale Energy Storage Systems Value and Market Growth 2016-2021
8.2 Canada Grid Scale Energy Storage Systems Sales and Market Growth 2016-2021
8.3 Canada Grid Scale Energy Storage Systems Market Value Forecast 2021-2026

9 Germany Market Size Analysis 2016-2026
9.1 Germany Grid Scale Energy Storage Systems Value and Market Growth 2016-2021
9.2 Germany Grid Scale Energy Storage Systems Sales and Market Growth 2016-2021
9.3 Germany Grid Scale Energy Storage Systems Market Value Forecast 2021-2026

10 UK Market Size Analysis 2016-2026
10.1 UK Grid Scale Energy Storage Systems Value and Market Growth 2016-2021
10.2 UK Grid Scale Energy Storage Systems Sales and Market Growth 2016-2021
10.3 UK Grid Scale Energy Storage Systems Market Value Forecast 2021-2026

11 France Market Size Analysis 2016-2026
11.1 France Grid Scale Energy Storage Systems Value and Market Growth 2016-2021
11.2 France Grid Scale Energy Storage Systems Sales and Market Growth 2016-2021
11.3 France Grid Scale Energy Storage Systems Market Value Forecast 2021-2026

12 Italy Market Size Analysis 2016-2026
12.1 Italy Grid Scale Energy Storage Systems Value and Market Growth 2016-2021
12.2 Italy Grid Scale Energy Storage Systems Sales and Market Growth 2016-2021
12.3 Italy Grid Scale Energy Storage Systems Market Value Forecast 2021-2026

13 Spain Market Size Analysis 2016-2026
13.1 Spain Grid Scale Energy Storage Systems Value and Market Growth 2016-2021
13.2 Spain Grid Scale Energy Storage Systems Sales and Market Growth 2016-2021
13.3 Spain Grid Scale Energy Storage Systems Market Value Forecast 2021-2026

14 Russia Market Size Analysis 2016-2026
14.1 Russia Grid Scale Energy Storage Systems Value and Market Growth 2016-2021
14.2 Russia Grid Scale Energy Storage Systems Sales and Market Growth 2016-2021
14.3 Russia Grid Scale Energy Storage Systems Market Value Forecast 2021-2026

15 China Market Size Analysis 2016-2026
15.1 China Grid Scale Energy Storage Systems Value and Market Growth 2016-2021
15.2 China Grid Scale Energy Storage Systems Sales and Market Growth 2016-2021
15.3 China Grid Scale Energy Storage Systems Market Value Forecast 2021-2026

16 Japan Market Size Analysis 2016-2026
16.1 Japan Grid Scale Energy Storage Systems Value and Market Growth 2016-2021
16.2 Japan Grid Scale Energy Storage Systems Sales and Market Growth 2016-2021
16.3 Japan Grid Scale Energy Storage Systems Market Value Forecast 2021-2026

17 South Korea Market Size Analysis 2016-2026
17.1 South Korea Grid Scale Energy Storage Systems Value and Market Growth 2016-2021
17.2 South Korea Grid Scale Energy Storage Systems Sales and Market Growth 2016-2021
17.3 South Korea Grid Scale Energy Storage Systems Market Value Forecast 2021-2026

18 Australia Market Size Analysis 2016-2026
18.1 Australia Grid Scale Energy Storage Systems Value and Market Growth 2016-2021
18.2 Australia Grid Scale Energy Storage Systems Sales and Market Growth 2016-2021
18.3 Australia Grid Scale Energy Storage Systems Market Value Forecast 2021-2026

19 Thailand Market Size Analysis 2016-2026
19.1 Thailand Grid Scale Energy Storage Systems Value and Market Growth 2016-2021
19.2 Thailand Grid Scale Energy Storage Systems Sales and Market Growth 2016-2021
19.3 Thailand Grid Scale Energy Storage Systems Market Value Forecast 2021-2026

20 Brazil Market Size Analysis 2016-2026
20.1 Brazil Grid Scale Energy Storage Systems Value and Market Growth 2016-2021
20.2 Brazil Grid Scale Energy Storage Systems Sales and Market Growth 2016-2021
20.3 Brazil Grid Scale Energy Storage Systems Market Value Forecast 2021-2026

21 Argentina Market Size Analysis 2016-2026
21.1 Argentina Grid Scale Energy Storage Systems Value and Market Growth 2016-2021
21.2 Argentina Grid Scale Energy Storage Systems Sales and Market Growth 2016-2021
21.3 Argentina Grid Scale Energy Storage Systems Market Value Forecast 2021-2026

22 Chile Market Size Analysis 2016-2026
22.1 Chile Grid Scale Energy Storage Systems Value and Market Growth 2016-2021
22.2 Chile Grid Scale Energy Storage Systems Sales and Market Growth 2016-2021
22.3 Chile Grid Scale Energy Storage Systems Market Value Forecast 2021-2026

23 South Africa Market Size Analysis 2016-2026
23.1 South Africa Grid Scale Energy Storage Systems Value and Market Growth 2016-2021
23.2 South Africa Grid Scale Energy Storage Systems Sales and Market Growth 2016-2021
23.3 South Africa Grid Scale Energy Storage Systems Market Value Forecast 2021-2026

24 Egypt Market Size Analysis 2016-2026
24.1 Egypt Grid Scale Energy Storage Systems Value and Market Growth 2016-2021
24.2 Egypt Grid Scale Energy Storage Systems Sales and Market Growth 2016-2021
24.3 Egypt Grid Scale Energy Storage Systems Market Value Forecast 2021-2026

25 UAE Market Size Analysis 2016-2026
25.1 UAE Grid Scale Energy Storage Systems Value and Market Growth 2016-2021
25.2 UAE Grid Scale Energy Storage Systems Sales and Market Growth 2016-2021
25.3 UAE Grid Scale Energy Storage Systems Market Value Forecast 2021-2026

26 Saudi Arabia Market Size Analysis 2016-2026
26.1 Saudi Arabia Grid Scale Energy Storage Systems Value and Market Growth 2016-2021
26.2 Saudi Arabia Grid Scale Energy Storage Systems Sales and Market Growth 2016-2021
26.3 Saudi Arabia Grid Scale Energy Storage Systems Market Value Forecast 2021-2026

27 Market Dynamic Analysis and Development Suggestions
27.1 Market Drivers
27.2 Market Development Constraints
27.3 PEST Analysis
27.3.1 Political Factors
27.3.2 Economic Factors
27.3.3 Social Factors
27.3.4 Technological Factors
27.4 Industry Trends Under COVID-19
27.4.1 Risk Assessment on COVID-19
27.4.2 Assessment of the Overall Impact of COVID-19 on the Industry
27.4.3 Pre COVID-19 and Post COVID-19 Market Scenario
27.5 Market Entry Strategy Analysis
27.5.1 Market Definition
27.5.2 Client
27.5.3 Distribution Model
27.5.4 Product Messaging and Positioning
27.5.5 Price
27.6 Advice on Entering the Market

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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