loader
report-image

Air Sterilizer Market Size, Industry Analysis Report By Technology (HEPA, Electrostatic Precipitators, Plasma Disinfection, UV Disinfection, Photocatalysts, Lionizes and Ozon Generators), By Product Type (High-Temperature Sterilizer, Low-Temperature Sterilizer, Radiation Sterilizer), By Mode (Portable, Stationary), By Type (Static-Air Type Sterilizer, Forced-Air Type Sterilizers), By Application (Commercial, Industrial, Pharmaceutical & Biotechnology Facilities, Healthcare Facilities, Laboratory & Academic Research Institutes) & Region – Forecasts

  • PUBLISHED ON
  • 01/08/2022
  • NO OF PAGES
  • 223
  • CATEGORY
  • Electronics & Communication

Market Overview

In terms of value, Air Sterilizer market is anticipated to reach US$ 32,645.8 Mn by 2033 from US$ 14,374.3 Mn in 2022, registering the growth rate at 9.5% during the forecast period. Growing applications of Air Sterilizer in various sectors such as commercial, industrial, pharmaceutical & biotechnology, healthcare facilities, laboratory & academic research institutes, and others.

Report Scope

Report Attributes

Description

Market Size in 2023

USD 15,972 Million

Market Forecast in 2033

USD 32,645 Million

CAGR % 2023-2033

9.5%

Base Year

2022

Historic Data

2019-2021

Forecast Period

2023-2033

Report USP

Production, Consumption, company share, company heatmap, company production capacity, growth factors and more

Segments Covered

Product Type, technology, product type, mode and application

Regional Scope

North America, Europe, APAC, South America and Middle East and Africa

Country Scope

U.S.; Canada; U.K.; Germany; France; Italy; Spain; Benelux; Nordic Countries; Russia; China; India; Japan; South Korea; Australia; Indonesia; Thailand; Mexico; Brazil; Argentina; Saudi Arabia; UAE; Egypt; South Africa; Nigeria

Key Companies

ATS ELGI, Mikrotestcihazlari, Dolphine Care, Steris Plc, Philips, LG Electronics Inc., DE LAMA S.P.A, Dr. Hönle AG, Shenzhen Deno Technology Co., Ltd., Narang Medical Limited, AIRINSPACE S.E, Coway, Sharp Corporation, Chengdu Laoken Technology Co. Ltd, Radic8 Pte Ltd., Sichuan Aojie Disinfection Equipment Co., Ltd, AIRFREE, Magneto CleanTech, Vitrosteril, Western India Electromedical Systems Private Limited.

 

Sterilization of Air means making the air free from microorganisms, suspended particles, and pollutants that can possibly be harmful to human health. The atmosphere contains a number of suspended particles and microbes in many variations.  The constant surge in the number of air borne diseases and health issues related to these diseases has created a demand for air sterilizers and similar products. Alongside, the increasing air pollution levels around the world has added to the demand for air sterilizing products.

The microorganism may range from 10-2,000/m3 to the suspended particles up to 20-100,00/ m3. The most common microorganisms present in the air are fungal spores and Gram-negative bacteria which account for about 50% and 40%. There are different methods of air sterilization such as, Air sterilization by heat, Air sterilization by filtration, UV Disinfection, gas scrubbing. heat and filtration

The rising awareness and concern regarding harmful air particles and air pollution among millennials is one of the main reasons for the growth of Air sterilization market. The developed and developing countries are some of the primary markets for air sterilization. Significant economic growth is leading to the increase in disposable income of the people, thereby improving their standards of living. This in turn is expected to fuel market growth over the forecast period.

HEPA (high efficiency particulate air) filters, are the main contributors to the market growth in the North American region. This air filter can theoretically remove at least 99.97% of air particles from about the size of 0.3 microns (µm). Particles that are larger are trapped with even higher efficiency. These specifications help the market to grow in this region.

Several governing authorities are taking measures to regulate air pollution by introducing stringent regulations and standards for indoor air quality, campaigns by NGOs, and advisories by the health care sector, and many other awakening factors are set to add to the overall growth of the air sterilization market in the forecasted period of time.

Major Companies

Companies

ATS ELGI

Mikrotestcihazlari

Dolphine Care

Steris Plc

Philips

LG Electronics Inc.

DE LAMA S.P.A

Dr. Hönle AG

Shenzhen Deno Technology Co., Ltd.

Narang Medical Limited

AIRINSPACE S.E

Coway

Sharp Corporation

Chengdu Laoken Technology Co. Ltd

Radic8 Pte Ltd.

Sichuan Aojie Disinfection Equipment Co., Ltd

AIRFREE

Magneto CleanTech

Vitrosteril

Western India Electromedical Systems Private Limited

 

Impact of COVID

The global air sterilizer market has seen a drastic progression in the post-pandemic scenario. With the growing awareness of airborne or air-related diseases and respiratory ailments, the demand for air sterilizers has fueled up drastically around the world.

In short term (first half of 2020) manufacturing capacity in the different regions were halted by the imposition of lockdowns by several countries in order to contain spreading of the virus, resulting in the disruption of the whole supply chain. Shortage of laborers and workers led to the shortage of raw materials required to produce air sterilizers. Many leading manufacturers had to halt their production in adherence to safety protocols and guidelines announced by various nations.

The world market is recovering fast but is yet to reach its pre COVID level in different countries. The demand for air sterilizers has been growing high since the production has resumed in almost all the nations. The market is projected to be bullish in the upcoming years.

During COVID-19 pandemic air sterilizer market vendors are focused on organic and inorganic growth strategy such as strategic collaborations and merger and acquisition activities with competitors or technology partners to develop innovative and advanced air sterilizer to improve their offerings and market reach

·         In April 2020, Cair Products launched Personal Active UVC Air Sterilizer to Combat COVID-19 – this ultraviolet light called far-UVC can easily kill airborne flu viruses and bacteria while posing no risk to people. Because of this, UVC light could offer a new, inexpensive way to eliminate airborne flu viruses and bacteria in indoor public spaces. This would also apply to the coronavirus.

·         In December 2021, Seoul Viosys Provided Air Purifier Sterilizers, Which Dramatically Reduce the Risk of COVID-19 Infection, to 300 Small Businesses in Korea for Free. Seoul Viosys donates air purifying sterilizers and plays an important role in quarantine. People need to breathe clean air as much as they need clean water. Air purifying sterilizers were provided for free, which can reduce the indoor infection rate in indoor sports facilities or restaurants to around 1/30.

·         In May 2020, DRDO comes with new technology to disintegrate coronavirus. A microwave sterilizer named as ‘ATULYA’ can be operated in portable or fixed installations and helps in disintegrating the virus by differential heating in the range of 56 to 60 Celsius temperatures.

·         In June 2020, The Messy Corner launched UV Care Sterilizer - An ISO certified air cleaning machine, MCAC uses filterless magnetic air purification and ultraviolet technology, and claims to eliminate 90 per cent of 90-percent of SARS-CoV-2 viruses, apart from bacteria and pollutants from the air in enclosed spaces. A multi-functional UV Sterilizer that kills 99.9% of germs that live on the surface of your phone, earphones, watches, and other accessories and gadgets.

 

Product Type Insights

High Temperature Sterilizer segment is projected to create a total absolute $ opportunity of USD 3,595.2 million between 2022 to 2033. High Temperature Sterilizer segment is expected to expand at CAGR of 8.6% during the forecast period. Low Temperature Sterilizer segment is projected to create a total absolute $ opportunity of USD 6,731.7 million between 2022 to 2033. Low Temperature Sterilizer segment is expected to expand at CAGR of 9.8% during the forecast period.

Technology Insights

HEPA segment is projected to create a total absolute $ opportunity of USD 7,322.7 million between 2022 to 2033. HEPA segment is expected to expand at CAGR of 10.3% during the forecast period. Electrostatic Precipitators segment is projected to create a total absolute $ opportunity of USD 2,710.4 million between 2022 to 2033. Electrostatic Precipitators segment is expected to expand at CAGR of 8.7% during the forecast period.

Mode Insights

Portable segment is projected to create a total absolute $ opportunity of USD 7,440.9 million between 2022 to 2033. Portable segment is expected to expand at CAGR of 10.0% during the forecast period. Stationary segment is projected to create a total absolute $ opportunity of USD 10,830.6 million between 2022 to 2033. Stationary segment is expected to expand at CAGR of 9.2% during the forecast period.

 

Type Insights

Static-Air Type Sterilizer segment is projected to create a total absolute $ opportunity of USD 6,391.9 million between 2022 to 2033. Static-Air Type Sterilizer segment is expected to expand at CAGR of 9.0% during the forecast period. Forced-Air Type Sterilizer segment is projected to create a total absolute $ opportunity of USD 11,879.6 million between 2022 to 2033. Forced-Air Type Sterilizer segment is expected to expand at CAGR of 9.9% during the forecast period.

Application Insights

Commercial segment is projected to create a total absolute $ opportunity of USD 1,755.8 million between 2022 to 2033. Commercial segment is expected to expand at CAGR of 8.5% during the forecast period. Industrial segment is projected to create a total absolute $ opportunity of USD 4,183.3 million between 2022 to 2033. Industrial segment is expected to expand at CAGR of 9.2% during the forecast period.

Regional Insights

North America segment is projected to create a total absolute $ opportunity of USD 5,532.8 million between 2022 to 2033. North America segment is expected to expand at CAGR of 9.8% during the forecast period. Europe segment is projected to create a total absolute $ opportunity of USD 4,485.8 million between 2022 to 2033. Europe segment is expected to expand at CAGR of 9.2% during the forecast period.

Asia Pacific segment is projected to create a total absolute $ opportunity of USD 7,058.7 million between 2022 to 2033. Asia Pacific segment is expected to expand at CAGR of 10.2% during the forecast period.

Competitive Analysis

Some of the major companies operating within the market are ATS ELGI, Mikrotestcihazlari, Dolphine Care, Steris Plc, Philips, LG Electronics Inc., DE LAMA S.P.A, Dr. Hönle AG, Shenzhen Deno Technology Co., Ltd., Narang Medical Limited, AIRINSPACE S.E, Coway, Sharp Corporation, Chengdu Laoken Technology Co. Ltd, Radic8 Pte Ltd., Sichuan Aojie Disinfection Equipment Co., Ltd, AIRFREE, Magneto CleanTech, Vitrosteril, Western India Electromedical Systems Private Limited.

Recent News

·         In July 2020,Nirvana Being, a Delhi-based clean air solutions firm, has launched an all-in-one nanotech AC filter that can be installed inside any split AC model to remove viruses and germs. According to the business, the cleaning efficiency is similar to that of an air sterilizer. The filters are compatible with split air conditioners of any brand and tonnage. The filter's life is expected to be 300-600 hours based on the AQI conditions

·         In May 2020, The ATS ELGI launches new range of vehicle sterilization solutions, that the Air Sterilizer uses ozone (a natural form of activated oxygen) to eliminate bacteria, virus and harmful pollutants like volatile organic compounds (VOCs) ensuring a safe and clean in-vehicle environment for small passenger cars, sedans, SUVs, commercial vehicles- SCV/LCV/HCV driver cabins and even ambulances.

 

Why to buy this Report?

Market research: The report provides valuable insights into market trends, growth opportunities, and competitive landscapes. By reading a technology report, businesses and investors can gain a better understanding of the market they are operating in or considering entering, and make more informed decisions based on data and analysis.

Competitive analysis: The report reports provide detailed information on competitors' strengths, weaknesses, and strategies, which can help businesses identify potential threats and opportunities in the market.

Innovation: The report provides insights into emerging technologies and trends, which can help businesses stay up-to-date with the latest developments and make informed decisions about where to invest their resources.

Due diligence: The report can be used by investors and acquirers as part of their due diligence process when considering investing in or acquiring a technology company. These reports can provide valuable information on the company's financials, technology, market position, and other key factors.


By Product Type

High Temperature Sterilizer

Low Temperature Sterilizer

Radiation Sterilizer

Others

 

By Type

Static-Air Type Sterilizer

Forced-Air Type Sterilizers

 

By Technology

HEPA

Electrostatic Precipitators

Plasma Disinfection

UV Disinfection

Photocatalysts

Lionizes and Ozon Generators

Others

 

By Mode

Portable

Stationary

By Application

Commercial

Industrial

Pharmaceutical & Biotechnology Facilities

Healthcare Facilities

Laboratory & Academic Research Institutes

Others

Regions

North America

·         U.S.

·         Canada

·         Mexico

Europe

·         Germany

·         U.K.

·         France

·         Italy

·         Spain

·         Russia

·         Rest of Europe

Asia Pacific

·         China

·         Japan

·         India

·         Australia

·         Korea

·         Rest of Asia pacific

South America

·         Brazil

·         Argentina

·         Colombia

·         Rest of South America

Middle East & Africa

·         UAE

·         Saudi Arabia

·         Egypt

·         Oman

·         Kuwait

·         South Africa

·         Rest of MEA

 

1. Global Air Sterilizers Market Introduction and Market Overview
1.1. Objective of the Market Research Study
1.2. Air Sterilizers Market Definition & Description
1.3. Research Data Parameters & Reporting Timelines
1.3.1. Historical Data Reporting Years – 2018 to 2021
1.3.2. Projected Data Reporting Years – 2022 to 2031
1.3.3. Reporting Data Parameters – Value (US$ Million)
1.4. Global Air Sterilizers Market Scope and Market Estimation
1.4.1. Global Air Sterilizers Overall Market Size (US$ Million) & (Units), Market CAGR (%), Market Estimates & Forecast (2018 to 2031)
1.4.2. Global Air Sterilizers Market Revenue Share (%) and Growth Rate (Y-o-Y) from 2018 to 2031
1.5. Air Sterilizers Market Segmentation
1.5.1. Type of Global Air Sterilizers Market
1.5.2. Product Type of Global Air Sterilizers Market
1.5.3. Technology of Global Air Sterilizers Market
1.5.4. Mode of Global Air Sterilizers Market
1.5.5. Application of Global Air Sterilizers Market
1.5.6. Key Regions of Global Air Sterilizers Market

2. Global Air Sterilizers Market - Executive Summary
2.1. Global Air Sterilizers Market – Summary & Snapshot
2.2. Global Air Sterilizers Market, By Type (US$ Million)
2.3. Global Air Sterilizers Market, By Product type (US$ Million)
2.4. Global Air Sterilizers Market, By Technology (US$ Million)
2.5. Global Air Sterilizers Market, By Mode (US$ Million)
2.6. Global Air Sterilizers Market, By Application (US$ Million)
2.7. Global Air Sterilizers Market, By Geography (US$ Million)
2.8. Global Air Sterilizers Market Outlook & Future Opportunities

3. Air Sterilizers Market Trends, Outlook, and Factors Analysis
3.1. Global Air Sterilizers Market Industry Development Trends under COVID-19 Outbreak
3.1.1. Global COVID-19 Status Overview
3.1.2. Influence of COVID-19 Outbreak on Global Air Sterilizers Market Industry Development
3.1.3. Pre & Post COVID-19 Trends and Scenarios
3.2. Air Sterilizers Market Dynamics (Growth Impacting Factors & Rationales)
3.2.1. Drivers
3.2.1.1. The growing airborne infections and rising pollution levels in urban areas are projected to drive the air sterilizer market.
3.2.1.2. Increased disposable income, greater health consciousness, and better living standards are likely to drive the market.
3.2.2. Restraints
3.2.2.1. High research & development expenses.
3.2.3. Opportunities
3.2.3.1. Surge in demand for mechanical air sterilizers
3.2.4. Impact Analysis of Drivers and Restraints
3.3. Ecosystem/ Value Chain Analysis
3.4. Porter’s Five Forces Analysis
3.5. SWOT Analysis
3.6. PEST Analysis
3.7. Average Selling Prices and Pricing Trends Analysis of Air Sterilizers Market
3.8. Technological Roadmap
3.9. Key Investment Pockets of Air Sterilizers Market
3.9.1. By Type
3.9.2. By Product Type
3.9.3. By Technology
3.9.4. By Mode
3.9.5. By Application
3.9.6. By Regions

4. Global Air Sterilizers Market: Estimates & Historic Trend Analysis (2018 to 2021)
4.1. Global Air Sterilizers Market, 2018 – 2021 (US$ Million)
4.2. Global Air Sterilizers Market, By Type, 2018 to 2021 (US$ Million)
4.3. Global Air Sterilizers Market, By Product Type, 2018 to 2021 (US$ Million)
4.4. Global Air Sterilizers Market, By Technology, 2018 to 2021 (US$ Million)
4.5. Global Air Sterilizers Market, By Mode, 2018 to 2021 (US$ Million)
4.6. Global Air Sterilizers Market, By Application, 2018 to 2021 (US$ Million)
4.7. Global Air Sterilizers Market, By Region, 2018 to 2021 (US$ Million)

5. Global Air Sterilizers Market Estimates & Forecast Trend Analysis, by Type
5.1. Global Air Sterilizers Market Share (%) Estimates and Forecasts, by Type, 2022 & 2031
5.2. Global Air Sterilizers Market (US$ Million) Estimates and Forecasts, by Type, 2022 to 2031
5.2.1. Static-Air Sterilizer
5.2.2. Forced-Air Sterilizer

6. Global Air Sterilizers Market Estimates & Forecast Trend Analysis, by Mode
6.1. Global Air Sterilizers Market Share (%) Estimates and Forecasts, by Mode, 2022 & 2031
6.2. Global Air Sterilizers Market (US$ Million) Estimates and Forecasts, by Mode, 2022 to 2031
6.2.1. Portable
6.2.2. Stationary

7. Global Air Sterilizers Market Estimates & Forecast Trend Analysis, by Technology
7.1. Global Air Sterilizers Market Share (%) Estimates and Forecasts, by Technology, 2022 & 2031
7.2. Global Air Sterilizers Market (US$ Million) Estimates and Forecasts, by Technology, 2022 to 2031
7.2.1. HEPA
7.2.2. Electrostatic Precipitators
7.2.3. Plasma Disinfection
7.2.4. UV Disinfection
7.2.5. Photocatalyst
7.2.6. Lionizes and Ozone Generators
7.2.7. Others
Global Air Sterilizers Market Estimates & Forecast Trend Analysis, by Product Type
7.3. Global Air Sterilizers Market Share (%) Estimates and Forecasts, by Product Type, 2022 & 2031
7.4. Global Air Sterilizers Market (US$ Million) Estimates and Forecasts, by Product Type, 2022 to 2031
7.4.1. High Temperature Sterilizer
7.4.2. Low Temperature Sterilizer
7.4.3. Radiation Sterilizer
7.4.4. Others

8. Global Air Sterilizers Market Estimates & Forecast Trend Analysis, by Application
8.1. Global Air Sterilizers Market Share (%) Estimates and Forecasts, by Application, 2022 & 2031
8.2. Global Air Sterilizers Market (US$ Million) Estimates and Forecasts, by Application, 2022 to 2031
8.2.1. Commercial
8.2.2. Industrial
8.2.3. Pharmaceutical & Biotechnology Facility
8.2.4. Healthcare Facilities
8.2.5. Laboratory & Academic research institute
8.2.6. Others

9. Global Air Sterilizers Market Analysis and Forecast, by Region
9.1. Global Air Sterilizers Market Share (%) Estimates and Forecasts, by Region, 2022 & 2031
9.2. Global Air Sterilizers Market (US$ Million) Estimates and Forecasts, by Region, 2022 to 2031
9.2.1. North America
9.2.2. Europe
9.2.3. Asia Pacific
9.2.4. Middle East and Africa
9.2.5. Latin America

10. North America Air Sterilizers Market: Estimates & Forecast Trend Analysis
10.1. North America Air Sterilizers Market Assessments & Key Findings
10.2. North America Air Sterilizers Market Share (%) Estimates and Forecasts, 2022 & 2031
10.3. North America Air Sterilizers Market Size Estimates and Forecast (US$ Million) (2022 to 2031)
10.3.1. By Type
10.3.2. By Product Type
10.3.3. By Technology
10.3.4. By Mode
10.3.5. By Application
10.3.6. By Major Country
10.3.6.1. The U.S.
10.3.6.2. Canada

11. Europe Air Sterilizers Market: Estimates & Forecast Trend Analysis
11.1. Europe Air Sterilizers Market Assessments & Key Findings
11.2. Europe Air Sterilizers Market Share (%) Estimates and Forecasts, 2022 & 2031
11.3. Europe Air Sterilizers Market Size Estimates and Forecast (US$ Million) (2022 to 2031)
11.3.1. By Type
11.3.2. By Product Type
11.3.3. By Technology
11.3.4. By Mode
11.3.5. By Application
11.3.6. By Major Country
11.3.6.1. Germany
11.3.6.2. The U.K.
11.3.6.3. France
11.3.6.4. Italy
11.3.6.5. Spain
11.3.6.6. Rest of Europe (includes all other European countries)

12. Asia Pacific Air Sterilizers Market: Estimates & Forecast Trend Analysis
12.1. Asia Pacific Air Sterilizers Market Assessments & Key Findings
12.2. Asia Pacific Air Sterilizers Market Share (%) Estimates and Forecasts, 2022 & 2031
12.3. Asia Pacific Air Sterilizers Market Size Estimates and Forecast (US$ Million) (2022 to 2031)
12.3.1. By Type
12.3.2. By Product Type
12.3.3. By Technology
12.3.4. By Mode
12.3.5. By Application
12.3.6. By Major Country
12.3.6.1. China
12.3.6.2. Japan
12.3.6.3. India
12.3.6.4. ASEAN
12.3.6.5. South Korea
12.3.6.6. Rest of Asia Pacific (includes all other Asia Pacific countries)

13. Middle East & Africa Air Sterilizers Market: Estimates & Forecast Trend Analysis
13.1. Middle East & Africa Air Sterilizers Market Assessments & Key Findings
13.2. Middle East & Africa Air Sterilizers Market Share (%) Estimates and Forecasts, 2022 & 2031
13.3. Middle East & Africa Air Sterilizers Market Size Estimates and Forecast (US$ Million) (2022 to 2031)
13.3.1. By Type
13.3.2. By Product Type
13.3.3. By Technology
13.3.4. By Mode
13.3.5. By Application
13.3.6. By Major Country
13.3.6.1. GCC
13.3.6.2. South Africa
13.3.6.3. Egypt
13.3.6.4. Rest of Middle East & Africa (includes all other Middle East & Africa countries)

14. Latin America Air Sterilizers Market: Estimates & Forecast Trend Analysis
14.1. Latin America Market Assessments & Key Findings
14.2. Latin America Air Sterilizers Market Share (%) Estimates and Forecasts, 2022 & 2031
14.3. Latin America Air Sterilizers Market Size Estimates and Forecast (US$ Million) (2022 to 2031)
14.3.1. By Type
14.3.2. By Product Type
14.3.3. By Technology
14.3.4. By Mode
14.3.5. By Application
14.3.6. By Major Country
14.3.6.1. Brazil
14.3.6.2. Mexico
14.3.6.3. Rest of Latin America (includes all other Latin America countries)

15. Competitive Landscape
15.1. Air Sterilizers Market Revenue Share Analysis (%), by Major Players (2021)
15.2. Air Sterilizers Market Competition Matrix, by Leading Players
15.3. Air Sterilizers Market List of Emerging, Prominent and Leading Players
15.4. Major Mergers & Acquisitions, Partnership, Joint Venture, Expansions, Deals, Recent Developments, etc.

16. Company Profiles
16.1. ATS ELGI
16.1.1. Company Overview & Insights
16.1.2. Financial Performance
16.1.3. Product / Service Portfolio
16.1.4. Geographical Footprint & Share
16.1.5. Strategic Initiatives & Key Developments

*Similar details would be provided for all the players mentioned below
16.2. Mikrotestcihazlari
16.3. Dolphine Care
16.4. Steris Plc
16.5. Philips
16.6. LG Electronics Inc.
16.7. DE LAMA S.P.A
16.8. Dr. Hönle AG
16.9. Shenzhen Deno Technology Co., Ltd.
16.10. Narang Medical Limited
16.11. AIRINSPACE S.E
16.12. Coway
16.13. Sharp Corporation
16.14. Chengdu Laoken Technology Co. Ltd
16.15. Radic8 Pte Ltd.
16.16. Sichuan Aojie Disinfection Equipment Co., Ltd
16.17. AIRFREE
16.18. Magneto CleanTech
16.19. Vitrosteril
16.20. Western India Electromedical Systems Private Limited
16.21. Others

17. Assumptions and Research Methodology
17.1. Data Mining
17.2. Secondary Research
17.3. Primary Research
17.4. Subject Matter Expert Advice
17.5. Quality Check
17.6. Final Review
17.7. Data Triangulation
17.8. Bottom-Up Approach
17.9. Top Down Approach
17.10. Research Flow
17.11. Key Insights from Industry Experts
17.12. Data Sources
17.13. Assumptions
17.14. Limitations

18. Conclusions and Recommendations
18.1. Key Research Findings and Conclusion
18.2. Key Insights & Recommendations from Analysts

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 We Market 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 2033.


CHOOSE LICENSE TYPE
QLOUD
Pricing

Select a license type that suits your business needs

Single User Access

US $4750

Only Four Thousand Seven Hundred Fifty US dollar

  • 1 User access
  • 15% Additional Free Customization
  • Free Unlimited post-sale support
  • 100% Service Guarantee until achievement of ROI
Multi User Cost

US $5750

Only Five Thousand Seven Hundred Fifty US dollar

  • 5 Users access
  • 25% Additional Free Customization
  • Access Report summaries for Free
  • Guaranteed service
  • Dedicated Account Manager
  • Discount of 20% on next purchase
  • Get personalized market brief from Lead Author
  • Printing of Report permitted
  • Discount of 20% on next purchase
  • 100% Service Guarantee until achievement of ROI
Enterprise User Cost

US $7750

Only Seven Thousand Seven Hundred Fifty US dollar

  • Unlimited User Access
  • 30% Additional Free Customization
  • Exclusive Previews to latest or upcoming reports
  • Discount of 30% on next purchase
  • 100% Service Guarantee until achievement of ROI