Global Smart Homes Systems Market Size, Industry Analysis By Segmentations, Top Key Players, Trends, Future Development & Forecast 2024-2035
- PUBLISHED ON
- 2/24/2023
- NO OF PAGES
- 261
- CATEGORY
- Construction & Manufacturing
Smart Homes Systems 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 Smart Homes Systems 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 Smart Homes Systems 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 Smart Homes Systems market covering all its essential aspects.
Global Smart Homes Systems Market: Segmentations
Global Smart Homes Systems Market: Major Players
Acuity Brands
AMX
Alarm.com
Sony
Siemens AG
Lutron
Leviton
Time Warner Cable
ABB
ADT
Control4
Nortek
Comcast
Savant
Nest
Legrand
Vivint
Crestron
Honeywell
Schneider Electric
Global Smart Homes Systems Market: By Types
Home appliances control
Lighting Control
Security & Access control
Energy Management Systems
Global Smart Homes Systems Market: By Applications
Hotel
Business Building
Dwelling
Others
Global Smart Homes Systems Market: Regional Analysis
The countries covered in the regional analysis of the Global Smart Homes 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 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 Smart Homes Systems 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 Smart Homes Systems 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 Smart Homes Systems Market by Product, By Application, By End User and by Region.
• To cater comprehensive information on factors impacting market growth (drivers, restraints, opportunities, and industry-specific restraints)
• To evaluate and forecast micro-markets and the overall market
• To predict the market size, in key regions— North America, Europe, Asia Pacific, Latin America and Middle East and Africa.
• To record and evaluate competitive landscape mapping- product launches, technological advancements, mergers and expansions
Base Year: 2023Market Overview:
The report provides a basic overview of the industry including definitions, classifications, and industry chain structure. The Smart Homes Systems 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 Smart Homes Systems 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 Smart Homes Systems market covering all its essential aspects.
Global Smart Homes Systems Market: Segmentations
Global Smart Homes Systems Market: Major Players
Acuity Brands
AMX
Alarm.com
Sony
Siemens AG
Lutron
Leviton
Time Warner Cable
ABB
ADT
Control4
Nortek
Comcast
Savant
Nest
Legrand
Vivint
Crestron
Honeywell
Schneider Electric
Global Smart Homes Systems Market: By Types
Home appliances control
Lighting Control
Security & Access control
Energy Management Systems
Global Smart Homes Systems Market: By Applications
Hotel
Business Building
Dwelling
Others
Global Smart Homes Systems Market: Regional Analysis
The countries covered in the regional analysis of the Global Smart Homes 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 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 Smart Homes Systems 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 Smart Homes Systems 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 Smart Homes Systems Market by Product, By Application, By End User and by Region.
• To cater comprehensive information on factors impacting market growth (drivers, restraints, opportunities, and industry-specific restraints)
• To evaluate and forecast micro-markets and the overall market
• To predict the market size, in key regions— North America, Europe, Asia Pacific, Latin America and Middle East and Africa.
• To record and evaluate competitive landscape mapping- product launches, technological advancements, mergers and expansions
Historic Year: 2016-2022
Forecast: 2024-2035
1 Smart Homes Systems Introduction and Market Overview
1.1 Objectives of the Study
1.2 Overview of Smart Homes Systems
1.3 Smart Homes Systems Market Scope and Market Size Estimation
1.3.1 Market Concentration Ratio and Market Maturity Analysis
1.3.2 Global Smart Homes Systems Revenue and Growth Rate from 2016-2026
1.4 Market Segmentation
1.4.1 Types of Smart Homes Systems
1.4.2 Applications of Smart Homes Systems
1.4.3 Research Regions
1.5 Market Dynamics
1.5.1 Smart Homes Systems Industry Trends
1.5.2 Smart Homes Systems Drivers
1.5.3 Smart Homes Systems Market Challenges
1.5.4 Smart Homes Systems 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 Smart Homes Systems Industry Development Trends under COVID-19 Outbreak
1.8.1 Global COVID-19 Status Overview
1.8.2 Influence of COVID-19 Outbreak on Smart Homes Systems Industry Development
2 Industry Chain Analysis
2.1 Upstream Raw Material Supply and Demand Analysis
2.1.1 Global Smart Homes Systems Major Upstream Raw Material and Suppliers
2.1.2 Raw Material Source Analysis
2.2 Major Players of Smart Homes Systems
2.2.1 Major Players Manufacturing Base of Smart Homes Systems in 2020
2.2.2 Major Players Market Distribution in 2020
2.3 Smart Homes Systems Manufacturing Cost Structure Analysis
2.3.1 Production Process Analysis
2.3.2 Manufacturing Cost Structure of Smart Homes Systems
2.3.3 Labor Cost of Smart Homes Systems
2.4 Market Channel Analysis of Smart Homes Systems
2.5 Major Down Stream Customers by Application
3 Global Smart Homes Systems Market, by Type
3.1 Global Smart Homes Systems Revenue and Market Share by Type (2016-2021)
3.2 Global Smart Homes Systems Production and Market Share by Type (2016-2021)
3.3 Global Smart Homes Systems Revenue and Growth Rate by Type (2016-2021)
3.3.1 Global Smart Homes Systems Revenue and Growth Rate of Home appliances control
3.3.2 Global Smart Homes Systems Revenue and Growth Rate of Lighting Control
3.3.3 Global Smart Homes Systems Revenue and Growth Rate of Security & Access control
3.3.4 Global Smart Homes Systems Revenue and Growth Rate of Energy Management Systems
3.4 Global Smart Homes Systems Price Analysis by Type (2016-2021)
3.4.1 Explanation of Different Type Product Price Trends
4 Smart Homes Systems Market, by Application
4.1 Downstream Market Overview
4.2 Global Smart Homes Systems Consumption and Market Share by Application (2016-2021)
4.3 Global Smart Homes Systems Consumption and Growth Rate by Application (2016-2021)
4.3.1 Global Smart Homes Systems Consumption and Growth Rate of Hotel (2016-2021)
4.3.2 Global Smart Homes Systems Consumption and Growth Rate of Business Building (2016-2021)
4.3.3 Global Smart Homes Systems Consumption and Growth Rate of Dwelling (2016-2021)
4.3.4 Global Smart Homes Systems Consumption and Growth Rate of Others (2016-2021)
5 Global Smart Homes Systems Consumption, Revenue ($) by Region (2016-2021)
5.1 Global Smart Homes Systems Revenue and Market Share by Region (2016-2021)
5.2 Global Smart Homes Systems Consumption and Market Share by Region (2016-2021)
5.3 Global Smart Homes Systems Consumption, Revenue, Price and Gross Margin (2016-2021)
5.4 North America Smart Homes Systems Consumption, Revenue, Price and Gross Margin (2016-2021)
5.4.1 North America Smart Homes Systems Market Under COVID-19
5.4.2 North America Smart Homes Systems SWOT Analysis
5.5 Europe Smart Homes Systems Consumption, Revenue, Price and Gross Margin (2016-2021)
5.5.1 Europe Smart Homes Systems Market Under COVID-19
5.5.2 Europe Smart Homes Systems SWOT Analysis
5.6 China Smart Homes Systems Consumption, Revenue, Price and Gross Margin (2016-2021)
5.6.1 China Smart Homes Systems Market Under COVID-19
5.6.2 China Smart Homes Systems SWOT Analysis
5.7 Japan Smart Homes Systems Consumption, Revenue, Price and Gross Margin (2016-2021)
5.7.1 Japan Smart Homes Systems Market Under COVID-19
5.7.2 Japan Smart Homes Systems SWOT Analysis
5.8 Middle East and Africa Smart Homes Systems Consumption, Revenue, Price and Gross Margin (2016-2021)
5.8.1 Middle East and Africa Smart Homes Systems Market Under COVID-19
5.8.2 Middle East and Africa Smart Homes Systems SWOT Analysis
5.9 India Smart Homes Systems Consumption, Revenue, Price and Gross Margin (2016-2021)
5.9.1 India Smart Homes Systems Market Under COVID-19
5.9.2 India Smart Homes Systems SWOT Analysis
5.10 South America Smart Homes Systems Consumption, Revenue, Price and Gross Margin (2016-2021)
5.10.1 South America Smart Homes Systems Market Under COVID-19
5.10.2 South America Smart Homes Systems SWOT Analysis
5.11 South Korea Smart Homes Systems Consumption, Revenue, Price and Gross Margin (2016-2021)
5.11.1 South Korea Smart Homes Systems Market Under COVID-19
5.11.2 South Korea Smart Homes Systems SWOT Analysis
5.12 Southeast Asia Smart Homes Systems Consumption, Revenue, Price and Gross Margin (2016-2021)
5.12.1 Southeast Asia Smart Homes Systems Market Under COVID-19
5.12.2 Southeast Asia Smart Homes Systems SWOT Analysis
6 Global Smart Homes Systems Production by Top Regions (2016-2021)
6.1 Global Smart Homes Systems Production by Top Regions (2016-2021)
6.2 North America Smart Homes Systems Production and Growth Rate
6.3 Europe Smart Homes Systems Production and Growth Rate
6.4 China Smart Homes Systems Production and Growth Rate
6.5 Japan Smart Homes Systems Production and Growth Rate
6.6 India Smart Homes Systems Production and Growth Rate
7 Global Smart Homes Systems Consumption by Regions (2016-2021)
7.1 Global Smart Homes Systems Consumption by Regions (2016-2021)
7.2 North America Smart Homes Systems Consumption and Growth Rate
7.3 Europe Smart Homes Systems Consumption and Growth Rate
7.4 China Smart Homes Systems Consumption and Growth Rate
7.5 Japan Smart Homes Systems Consumption and Growth Rate
7.6 Middle East & Africa Smart Homes Systems Consumption and Growth Rate
7.7 India Smart Homes Systems Consumption and Growth Rate
7.8 South America Smart Homes Systems Consumption and Growth Rate
7.9 South Korea Smart Homes Systems Consumption and Growth Rate
7.10 Southeast Asia Smart Homes Systems Consumption and Growth Rate
8 Competitive Landscape
8.1 Competitive Profile
8.2 Acuity Brands Market Performance Analysis
8.2.1 Company Profiles
8.2.2 Smart Homes Systems Product Profiles, Application and Specification
8.2.3 Acuity Brands 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 AMX Market Performance Analysis
8.3.1 Company Profiles
8.3.2 Smart Homes Systems Product Profiles, Application and Specification
8.3.3 AMX 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 Alarm.com Market Performance Analysis
8.4.1 Company Profiles
8.4.2 Smart Homes Systems Product Profiles, Application and Specification
8.4.3 Alarm.com 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 Sony Market Performance Analysis
8.5.1 Company Profiles
8.5.2 Smart Homes Systems Product Profiles, Application and Specification
8.5.3 Sony 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 Siemens AG Market Performance Analysis
8.6.1 Company Profiles
8.6.2 Smart Homes Systems Product Profiles, Application and Specification
8.6.3 Siemens AG 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 Lutron Market Performance Analysis
8.7.1 Company Profiles
8.7.2 Smart Homes Systems Product Profiles, Application and Specification
8.7.3 Lutron 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 Leviton Market Performance Analysis
8.8.1 Company Profiles
8.8.2 Smart Homes Systems Product Profiles, Application and Specification
8.8.3 Leviton 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 Time Warner Cable Market Performance Analysis
8.9.1 Company Profiles
8.9.2 Smart Homes Systems Product Profiles, Application and Specification
8.9.3 Time Warner Cable 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 ABB Market Performance Analysis
8.10.1 Company Profiles
8.10.2 Smart Homes Systems Product Profiles, Application and Specification
8.10.3 ABB 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 ADT Market Performance Analysis
8.11.1 Company Profiles
8.11.2 Smart Homes Systems Product Profiles, Application and Specification
8.11.3 ADT 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 Control4 Market Performance Analysis
8.12.1 Company Profiles
8.12.2 Smart Homes Systems Product Profiles, Application and Specification
8.12.3 Control4 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 Nortek Market Performance Analysis
8.13.1 Company Profiles
8.13.2 Smart Homes Systems Product Profiles, Application and Specification
8.13.3 Nortek 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 Comcast Market Performance Analysis
8.14.1 Company Profiles
8.14.2 Smart Homes Systems Product Profiles, Application and Specification
8.14.3 Comcast 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 Savant Market Performance Analysis
8.15.1 Company Profiles
8.15.2 Smart Homes Systems Product Profiles, Application and Specification
8.15.3 Savant 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 Nest Market Performance Analysis
8.16.1 Company Profiles
8.16.2 Smart Homes Systems Product Profiles, Application and Specification
8.16.3 Nest 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 Legrand Market Performance Analysis
8.17.1 Company Profiles
8.17.2 Smart Homes Systems Product Profiles, Application and Specification
8.17.3 Legrand 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 Vivint Market Performance Analysis
8.18.1 Company Profiles
8.18.2 Smart Homes Systems Product Profiles, Application and Specification
8.18.3 Vivint 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 Crestron Market Performance Analysis
8.19.1 Company Profiles
8.19.2 Smart Homes Systems Product Profiles, Application and Specification
8.19.3 Crestron 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 Honeywell Market Performance Analysis
8.20.1 Company Profiles
8.20.2 Smart Homes Systems Product Profiles, Application and Specification
8.20.3 Honeywell 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 Schneider Electric Market Performance Analysis
8.21.1 Company Profiles
8.21.2 Smart Homes Systems Product Profiles, Application and Specification
8.21.3 Schneider Electric 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
9 Global Smart Homes Systems Market Analysis and Forecast by Type and Application
9.1 Global Smart Homes Systems Market Revenue & Volume Forecast, by Type (2021-2026)
9.1.1 Home appliances control Market Revenue and Volume Forecast (2021-2026)
9.1.2 Lighting Control Market Revenue and Volume Forecast (2021-2026)
9.1.3 Security & Access control Market Revenue and Volume Forecast (2021-2026)
9.1.4 Energy Management Systems Market Revenue and Volume Forecast (2021-2026)
9.2 Global Smart Homes Systems Market Revenue & Volume Forecast, by Application (2021-2026)
9.2.1 Hotel Market Revenue and Volume Forecast (2021-2026)
9.2.2 Business Building Market Revenue and Volume Forecast (2021-2026)
9.2.3 Dwelling Market Revenue and Volume Forecast (2021-2026)
9.2.4 Others Market Revenue and Volume Forecast (2021-2026)
10 Smart Homes Systems 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 Smart Homes Systems 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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