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Recycling Equipment & Machinery Market Analysis By Types(Baler Press, Shredders, Granulators, Agglomerators, Shears, Separators, Extruder), By Applications(Automotive, Building & Construction, Industrial Machineries, Electrical Equipment), By Processed Material(Metal, Plastic, Construction Waste, Paper, Rubber) & Forecast 2024-2035

  • PUBLISHED ON
  • 1/12/2023
  • NO OF PAGES
  • 227
  • CATEGORY
  • Heavy Industry
The global recycling equipment market size was valued at USD 30.12 billion in 2022 and is expected to expand at a compound annual growth rate (CAGR) of 6.4% from 2023 to 2032.

Recycling Equipment & Machinery 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 Recycling Equipment & Machinery 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 Recycling Equipment & Machinery 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 Recycling Equipment & Machinery market covering all its essential aspects.

Global Recycling Equipment & Machinery Market: Segmentations

Global Recycling Equipment & Machinery Market: By Key Players
Lefort
Danieli Centro Recycling
Morita Holdings Corporation
Forrec Srl Recycling
BHS Sonthofen
Panchal Plastic Machinery Private Ltd
Mid Atlantic Waste Systems
Idromec Spa
Recycling Equipment Manufacturing, Inc. (REM)
The CP Group
MSS optical sorting systems
Recycling Equipment Corporation (REC)
General Kinematics
Kiverco
Green Machine
M Machinex
American Baler
SHERBROOKE OEM
MHM Recycling Equipment
Godswill satisfies
Ceco Equipment Ltd.
Marathon Equipment

Global Recycling Equipment & Machinery Market: By Types

Baler Press
Shredders
Granulators
Agglomerators
Shears
Separators
Extruder
Others

Global Recycling Equipment & Machinery Market: By Applications
Automotive
Building & Construction
Industrial Machineries
Electrical Equipment

Global Recycling Equipment & Machinery Market: By Processed Material

Metal
Plastic
Construction Waste
Paper
Rubber

Global Recycling Equipment & Machinery Market: Regional Analysis
The countries covered in the regional analysis of the Global Recycling Equipment & Machinery 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 Recycling Equipment & Machinery 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 Recycling Equipment & Machinery 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 Recycling Equipment & Machinery 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 Recycling Equipment & Machinery Revenue
1.4 Market Analysis by Type
1.4.1 Global Recycling Equipment & Machinery Market Size Growth Rate by Type: 2023 VS 2032
1.4.2 Baler Presses
1.4.3 Granulators
1.4.4 Extruders
1.4.5 Agglomerators
1.5 Market by Application
1.5.1 Global Recycling Equipment & Machinery Market Share by Application: 2023-2032
1.5.2 Automotive
1.5.3 Building & Construction
1.5.4 Industrial Machineries
1.5.5 Electrical Equipment
1.6 Study Objectives
1.7 Years Considered
1.8 Overview of Global Recycling Equipment & Machinery Market
1.8.1 Global Recycling Equipment & Machinery 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 Recycling Equipment & Machinery Production Capacity Market Share by Manufacturers (2017-2022)
2.2 Global Recycling Equipment & Machinery Revenue Market Share by Manufacturers (2017-2022)
2.3 Global Recycling Equipment & Machinery Average Price by Manufacturers (2017-2022)
2.4 Manufacturers Recycling Equipment & Machinery Production Sites, Area Served, Product Type
3 Sales by Region
3.1 Global Recycling Equipment & Machinery Sales Volume Market Share by Region (2017-2022)
3.2 Global Recycling Equipment & Machinery Sales Revenue Market Share by Region (2017-2022)
3.3 North America Recycling Equipment & Machinery Sales Volume
3.3.1 North America Recycling Equipment & Machinery Sales Volume Growth Rate (2017-2022)
3.3.2 North America Recycling Equipment & Machinery Sales Volume Capacity, Revenue, Price and Gross Margin (2017-2022)
3.4 East Asia Recycling Equipment & Machinery Sales Volume
3.4.1 East Asia Recycling Equipment & Machinery Sales Volume Growth Rate (2017-2022)
3.4.2 East Asia Recycling Equipment & Machinery Sales Volume Capacity, Revenue, Price and Gross Margin (2017-2022)
3.5 Europe Recycling Equipment & Machinery Sales Volume (2017-2022)
3.5.1 Europe Recycling Equipment & Machinery Sales Volume Growth Rate (2017-2022)
3.5.2 Europe Recycling Equipment & Machinery Sales Volume Capacity, Revenue, Price and Gross Margin (2017-2022)
3.6 South Asia Recycling Equipment & Machinery Sales Volume (2017-2022)
3.6.1 South Asia Recycling Equipment & Machinery Sales Volume Growth Rate (2017-2022)
3.6.2 South Asia Recycling Equipment & Machinery Sales Volume Capacity, Revenue, Price and Gross Margin (2017-2022)
3.7 Southeast Asia Recycling Equipment & Machinery Sales Volume (2017-2022)
3.7.1 Southeast Asia Recycling Equipment & Machinery Sales Volume Growth Rate (2017-2022)
3.7.2 Southeast Asia Recycling Equipment & Machinery Sales Volume Capacity, Revenue, Price and Gross Margin (2017-2022)
3.8 Middle East Recycling Equipment & Machinery Sales Volume (2017-2022)
3.8.1 Middle East Recycling Equipment & Machinery Sales Volume Growth Rate (2017-2022)
3.8.2 Middle East Recycling Equipment & Machinery Sales Volume Capacity, Revenue, Price and Gross Margin (2017-2022)
3.9 Africa Recycling Equipment & Machinery Sales Volume (2017-2022)
3.9.1 Africa Recycling Equipment & Machinery Sales Volume Growth Rate (2017-2022)
3.9.2 Africa Recycling Equipment & Machinery Sales Volume Capacity, Revenue, Price and Gross Margin (2017-2022)
3.10 Oceania Recycling Equipment & Machinery Sales Volume (2017-2022)
3.10.1 Oceania Recycling Equipment & Machinery Sales Volume Growth Rate (2017-2022)
3.10.2 Oceania Recycling Equipment & Machinery Sales Volume Capacity, Revenue, Price and Gross Margin (2017-2022)
3.11 South America Recycling Equipment & Machinery Sales Volume (2017-2022)
3.11.1 South America Recycling Equipment & Machinery Sales Volume Growth Rate (2017-2022)
3.11.2 South America Recycling Equipment & Machinery Sales Volume Capacity, Revenue, Price and Gross Margin (2017-2022)
3.12 Rest of the World Recycling Equipment & Machinery Sales Volume (2017-2022)
3.12.1 Rest of the World Recycling Equipment & Machinery Sales Volume Growth Rate (2017-2022)
3.12.2 Rest of the World Recycling Equipment & Machinery Sales Volume Capacity, Revenue, Price and Gross Margin (2017-2022)
4 North America
4.1 North America Recycling Equipment & Machinery Consumption by Countries
4.2 United States
4.3 Canada
4.4 Mexico
5 East Asia
5.1 East Asia Recycling Equipment & Machinery Consumption by Countries
5.2 China
5.3 Japan
5.4 South Korea
6 Europe
6.1 Europe Recycling Equipment & Machinery 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 Recycling Equipment & Machinery Consumption by Countries
7.2 India
7.3 Pakistan
7.4 Bangladesh
8 Southeast Asia
8.1 Southeast Asia Recycling Equipment & Machinery 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 Recycling Equipment & Machinery 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 Recycling Equipment & Machinery Consumption by Countries
10.2 Nigeria
10.3 South Africa
10.4 Egypt
10.5 Algeria
10.6 Morocco
11 Oceania
11.1 Oceania Recycling Equipment & Machinery Consumption by Countries
11.2 Australia
11.3 New Zealand
12 South America
12.1 South America Recycling Equipment & Machinery 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 Recycling Equipment & Machinery Consumption by Countries
13.2 Kazakhstan
14 Sales Volume, Sales Revenue, Sales Price Trend by Type
14.1 Global Recycling Equipment & Machinery Sales Volume Market Share by Type (2017-2022)
14.2 Global Recycling Equipment & Machinery Sales Revenue Market Share by Type (2017-2022)
14.3 Global Recycling Equipment & Machinery Sales Price by Type (2017-2022)
15 Consumption Analysis by Application
15.1 Global Recycling Equipment & Machinery Consumption Volume by Application (2017-2022)
15.2 Global Recycling Equipment & Machinery Consumption Value by Application (2017-2022)
16 Company Profiles and Key Figures in Recycling Equipment & Machinery Business
16.1 Lefort
16.1.1 Lefort Company Profile
16.1.2 Lefort Recycling Equipment & Machinery Product Specification
16.1.3 Lefort Recycling Equipment & Machinery Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.2 Danieli Centro Recycling
16.2.1 Danieli Centro Recycling Company Profile
16.2.2 Danieli Centro Recycling Recycling Equipment & Machinery Product Specification
16.2.3 Danieli Centro Recycling Recycling Equipment & Machinery Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.3 Morita Holdings Corporation
16.3.1 Morita Holdings Corporation Company Profile
16.3.2 Morita Holdings Corporation Recycling Equipment & Machinery Product Specification
16.3.3 Morita Holdings Corporation Recycling Equipment & Machinery Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.4 Forrec Srl Recycling
16.4.1 Forrec Srl Recycling Company Profile
16.4.2 Forrec Srl Recycling Recycling Equipment & Machinery Product Specification
16.4.3 Forrec Srl Recycling Recycling Equipment & Machinery Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.5 BHS Sonthofen
16.5.1 BHS Sonthofen Company Profile
16.5.2 BHS Sonthofen Recycling Equipment & Machinery Product Specification
16.5.3 BHS Sonthofen Recycling Equipment & Machinery Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.6 Panchal Plastic Machinery Private Ltd
16.6.1 Panchal Plastic Machinery Private Ltd Company Profile
16.6.2 Panchal Plastic Machinery Private Ltd Recycling Equipment & Machinery Product Specification
16.6.3 Panchal Plastic Machinery Private Ltd Recycling Equipment & Machinery Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.7 Mid Atlantic Waste Systems
16.7.1 Mid Atlantic Waste Systems Company Profile
16.7.2 Mid Atlantic Waste Systems Recycling Equipment & Machinery Product Specification
16.7.3 Mid Atlantic Waste Systems Recycling Equipment & Machinery Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.8 Idromec Spa
16.8.1 Idromec Spa Company Profile
16.8.2 Idromec Spa Recycling Equipment & Machinery Product Specification
16.8.3 Idromec Spa Recycling Equipment & Machinery Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.9 Recycling Equipment Manufacturing, Inc. (REM)
16.9.1 Recycling Equipment Manufacturing, Inc. (REM) Company Profile
16.9.2 Recycling Equipment Manufacturing, Inc. (REM) Recycling Equipment & Machinery Product Specification
16.9.3 Recycling Equipment Manufacturing, Inc. (REM) Recycling Equipment & Machinery Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.10 The CP Group
16.10.1 The CP Group Company Profile
16.10.2 The CP Group Recycling Equipment & Machinery Product Specification
16.10.3 The CP Group Recycling Equipment & Machinery Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.11 MSS optical sorting systems
16.11.1 MSS optical sorting systems Company Profile
16.11.2 MSS optical sorting systems Recycling Equipment & Machinery Product Specification
16.11.3 MSS optical sorting systems Recycling Equipment & Machinery Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.12 Recycling Equipment Corporation (REC)
16.12.1 Recycling Equipment Corporation (REC) Company Profile
16.12.2 Recycling Equipment Corporation (REC) Recycling Equipment & Machinery Product Specification
16.12.3 Recycling Equipment Corporation (REC) Recycling Equipment & Machinery Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.13 General Kinematics
16.13.1 General Kinematics Company Profile
16.13.2 General Kinematics Recycling Equipment & Machinery Product Specification
16.13.3 General Kinematics Recycling Equipment & Machinery Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.14 Kiverco
16.14.1 Kiverco Company Profile
16.14.2 Kiverco Recycling Equipment & Machinery Product Specification
16.14.3 Kiverco Recycling Equipment & Machinery Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.15 Green Machine
16.15.1 Green Machine Company Profile
16.15.2 Green Machine Recycling Equipment & Machinery Product Specification
16.15.3 Green Machine Recycling Equipment & Machinery Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.16 M Machinex
16.16.1 M Machinex Company Profile
16.16.2 M Machinex Recycling Equipment & Machinery Product Specification
16.16.3 M Machinex Recycling Equipment & Machinery Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.17 American Baler
16.17.1 American Baler Company Profile
16.17.2 American Baler Recycling Equipment & Machinery Product Specification
16.17.3 American Baler Recycling Equipment & Machinery Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.18 SHERBROOKE OEM
16.18.1 SHERBROOKE OEM Company Profile
16.18.2 SHERBROOKE OEM Recycling Equipment & Machinery Product Specification
16.18.3 SHERBROOKE OEM Recycling Equipment & Machinery Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.19 MHM Recycling Equipment
16.19.1 MHM Recycling Equipment Company Profile
16.19.2 MHM Recycling Equipment Recycling Equipment & Machinery Product Specification
16.19.3 MHM Recycling Equipment Recycling Equipment & Machinery Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.20 Godswill satisfies
16.20.1 Godswill satisfies Company Profile
16.20.2 Godswill satisfies Recycling Equipment & Machinery Product Specification
16.20.3 Godswill satisfies Recycling Equipment & Machinery Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.21 Ceco Equipment Ltd.
16.21.1 Ceco Equipment Ltd. Company Profile
16.21.2 Ceco Equipment Ltd. Recycling Equipment & Machinery Product Specification
16.21.3 Ceco Equipment Ltd. Recycling Equipment & Machinery Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.22 Marathon Equipment
16.22.1 Marathon Equipment Company Profile
16.22.2 Marathon Equipment Recycling Equipment & Machinery Product Specification
16.22.3 Marathon Equipment Recycling Equipment & Machinery Production Capacity, Revenue, Price and Gross Margin (2017-2022)
17 Recycling Equipment & Machinery Manufacturing Cost Analysis
17.1 Recycling Equipment & Machinery Key Raw Materials Analysis
17.1.1 Key Raw Materials
17.2 Proportion of Manufacturing Cost Structure
17.3 Manufacturing Process Analysis of Recycling Equipment & Machinery
17.4 Recycling Equipment & Machinery Industrial Chain Analysis
18 Marketing Channel, Distributors and Customers
18.1 Marketing Channel
18.2 Recycling Equipment & Machinery Distributors List
18.3 Recycling Equipment & Machinery 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 Recycling Equipment & Machinery (2023-2032)
20.2 Global Forecasted Revenue of Recycling Equipment & Machinery (2023-2032)
20.3 Global Forecasted Price of Recycling Equipment & Machinery (2017-2032)
20.4 Global Forecasted Production of Recycling Equipment & Machinery by Region (2023-2032)
20.4.1 North America Recycling Equipment & Machinery Production, Revenue Forecast (2023-2032)
20.4.2 East Asia Recycling Equipment & Machinery Production, Revenue Forecast (2023-2032)
20.4.3 Europe Recycling Equipment & Machinery Production, Revenue Forecast (2023-2032)
20.4.4 South Asia Recycling Equipment & Machinery Production, Revenue Forecast (2023-2032)
20.4.5 Southeast Asia Recycling Equipment & Machinery Production, Revenue Forecast (2023-2032)
20.4.6 Middle East Recycling Equipment & Machinery Production, Revenue Forecast (2023-2032)
20.4.7 Africa Recycling Equipment & Machinery Production, Revenue Forecast (2023-2032)
20.4.8 Oceania Recycling Equipment & Machinery Production, Revenue Forecast (2023-2032)
20.4.9 South America Recycling Equipment & Machinery Production, Revenue Forecast (2023-2032)
20.4.10 Rest of the World Recycling Equipment & Machinery 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 Recycling Equipment & Machinery by Application (2023-2032)
21 Consumption and Demand Forecast
21.1 North America Forecasted Consumption of Recycling Equipment & Machinery by Country
21.2 East Asia Market Forecasted Consumption of Recycling Equipment & Machinery by Country
21.3 Europe Market Forecasted Consumption of Recycling Equipment & Machinery by Countriy
21.4 South Asia Forecasted Consumption of Recycling Equipment & Machinery by Country
21.5 Southeast Asia Forecasted Consumption of Recycling Equipment & Machinery by Country
21.6 Middle East Forecasted Consumption of Recycling Equipment & Machinery by Country
21.7 Africa Forecasted Consumption of Recycling Equipment & Machinery by Country
21.8 Oceania Forecasted Consumption of Recycling Equipment & Machinery by Country
21.9 South America Forecasted Consumption of Recycling Equipment & Machinery by Country
21.10 Rest of the world Forecasted Consumption of Recycling Equipment & Machinery 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

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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