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Market demand analysis involves evaluating consumer needs and preferences to determine the potential success of a product or service. Key steps include assessing market size, growth trends, and competitive landscape. Quantitative methods often use historical sales data, market segmentation, and statistical models to forecast demand.

#competitive analysis#economic indicators#product offerings#business decisions#focus groups#electric vehicle market#surveys#competitive landscape#consumer behavior#market demand analysis#cost-benefit analysis#market size#growth trends#sales data#market segmentation#statistical models#demographics#consumer needs

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