Automotive Push Rods Market Key Players Analysis 2031
The Automotive Push Rods Market is expected to register a CAGR of 20.5% from 2023 to 2031, with a market size expanding from US$ XX million in 2023 to US$ XX Million by 2031.
Automotive Push Rods Market covers analysis By Vehicle Type (Two Wheelers, Passenger Car, Light Commercial Vehicles, Heavy Commercial Vehicles); Design Type (Tapered push rods, Straight push rods), Material Type (Steel, Aluminium, Others) and Geography (North America, Europe, Asia Pacific, Middle East and Africa, and South and Central America)
Purpose of the ReportThe report Automotive Push Rods Market by The Insight Partners aims to describe the present landscape and future growth, top driving factors, challenges, and opportunities. This will provide insights to various business stakeholders, such as:
- Technology Providers/Manufacturers: To understand the evolving market dynamics and know the potential growth opportunities, enabling them to make informed strategic decisions.
- Investors: To conduct a comprehensive trend analysis regarding the market growth rate, market financial projections, and opportunities that exist across the value chain.
- Regulatory bodies: To regulate policies and police activities in the market with the aim of minimizing abuse, preserving investor trust and confidence, and upholding the integrity and stability of the market.
Automotive Push Rods Market Segmentation
By Vehicle Type- Two Wheelers
- Passenger Car
- Light Commercial Vehicles
- Heavy Commercial Vehicles;
- Tapered push rods
- Straight push rods
- Steel
- Aluminium
- Others
- North America
- Europe
- Asia Pacific
- Middle East and Africa
- South and Central America
- North America
- Europe
- Asia Pacific
- Middle East and Africa
- South and Central America
Strategic Insights
Automotive Push Rods Market Growth Drivers- Increasing High-Performance and Customized Vehicle Demand : This demand enables the requirement for specialty components, such as push rods. The need is higher in the hot-rod and aftermarket markets, where reliability and performance are sought after from engines. Growing sales of advancned vehicles is upsurging demand for automotive push rods which is one of the major parts applied in internal combustion engines. Growing emphasis on vehicle performance enhancement, and improvements in materials and design leads to growth in the market.
- Rapid Technological Advancements in Automtoive Sector: Rapid technological breakthroughs in the automotive sector, especially in the use of high-technology materials and manufacturing methods, are influencing the usage of lighter and lighter materials and precision engineering. As they revamp the performance of push rods, they can be adaptable for better fuel efficiency and lowered emissions by manufacturers. The growing trend of implementing advanced technologies is witnessing an increase which is driving the application of advanced push rod technologies that increase the efficiency of their engines and enhance the vehicle performace.
- Growing Vehicle Electrification: Traditional push rods are used only in conventional IC engines. There is, therefore an opportunity to innovate and modify push rod technologies for electric applications and thus expand into the emerging EV market. The growing inclination towards electric vehicles is anticipated to drive the growth of the market over the foecast period. Rising government emphasis on electrification of automotive sector is also fueling the growth of automotive push rods market.
- Shift Towards New Customized Designs: The shift is clearly visible toward new designs as the old combustion engines are being abandoned for new versions. While in the old designs, push rods were conventional, electric vehicles will change the situation, and hybrid systems might even redefine the design and usage of push rods, quite likely changing their design and functions. The growing demand for compact design and rising emphasis on customized design is projected to act as a major driver for the market.
- Increased Emphasis on Sustainability: The demand for sustainability in automobile manufacturing has resulted in the creation of eco-friendly materials and processes. Manufacturers are increasingly looking for ways to produce push rods that are high-performance as well as environmentally friendly in line with the wider industry goals of reducing carbon footprints.The industry is adopting lightweight materials such as aluminum and composites for push rods to reduce emissions and enhance fuel efficiency in vehicles.
- Growing Development in Emerging Economies: The automotive market is growing in emerging economies where the vehicle demand is rising. This creates new markets to be tapped by manufacturers of push rods and subsequent increased car production, especially in areas where the rise in automotive manufacturing has been steady. Expanding automobile markets in Asia-Pacific and Latin America provide a huge scope for growth as incomes are rising and populations are increasing, leading to increased vehicle ownership.
- Growing Advancement in Aftermarket Servcies: This is an area of great opportunity for push rod manufacturers. With the current trend towards car customization and growth in the aftermarket, there is a considerable increase in demand for mainly outsourced push rods that fulfill unique performance requirements.There is a trend toward smart automotive technologies that are influencing the design of push rods. The manufacturers are looking into integrating sensors and IoT capabilities to monitor real-time performance. The growing integration of advanced technologies are pushing the demand for more aftermarket services. The presence of caftermarket sales and service companies is projected to fuel the growth of the automotive push rods market.
Market Report Scope
Key Selling Points
- Comprehensive Coverage: The report comprehensively covers the analysis of products, services, types, and end users of the Automotive Push Rods Market, providing a holistic landscape.
- Expert Analysis: The report is compiled based on the in-depth understanding of industry experts and analysts.
- Up-to-date Information: The report assures business relevance due to its coverage of recent information and data trends.
- Customization Options: This report can be customized to cater to specific client requirements and suit the business strategies aptly.
The research report on the Automotive Push Rods Market can, therefore, help spearhead the trail of decoding and understanding the industry scenario and growth prospects. Although there can be a few valid concerns, the overall benefits of this report tend to outweigh the disadvantages.
REGIONAL FRAMEWORK
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- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
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to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
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Frequently Asked Questions
The Automotive Push Rods Market is estimated to witness a CAGR of 20.5% from 2023 to 2031
The major factors driving the automotive push rods market are: The major growth drivers in automotive push rods market are rising demand for high-performance and customized vehicles along with increasing global automotives sale.
High manufacturing costs of the automotive push rods hinders the market growth.
THe major players Manton Pushrods, OE Pushrods, Smith Bros, Pushrods, COMP Cams, Elgin Industries, Wuxi Xizhou Machinery Co., Ltd., STAR FASTENERS PVT. LTD., Lunati, Schaeffler Technologies AG & Co. KG, ROSSIGNOL GROUP, Melling, S&S Cycle, EDELBROCK, LLC
The report can be delivered in PDF/PPT format; we can also share excel dataset based on the request.
Some of the customization options available based on the request are an additional 3–5 company profiles and country-specific analysis of 3–5 countries of your choice. Customizations are to be requested/discussed before making final order confirmation, as our team would review the same and check the feasibility.
1.INTRODUCTION
1.1.SCOPE OF THE STUDY
1.2.THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3.MARKET SEGMENTATION
1.3.1Automotive Push Rods Market - By Vehicle Type
1.3.2Automotive Push Rods Market - By Design Type
1.3.3Automotive Push Rods Market - By Region
1.3.3.1By Country
2.KEY TAKEAWAYS
3.RESEARCH METHODOLOGY
4.AUTOMOTIVE PUSH RODS MARKET LANDSCAPE
4.1.OVERVIEW
4.2.PORTER'S FIVE FORCES ANALYSIS
4.2.1Bargaining Power of Buyers
4.2.1Bargaining Power of Suppliers
4.2.1Threat of Substitute
4.2.1Threat of New Entrants
4.2.1Competitive Rivalry
4.3.ECOSYSTEM ANALYSIS
4.4.EXPERT OPINIONS
5.AUTOMOTIVE PUSH RODS MARKET - KEY MARKET DYNAMICS
5.1.KEY MARKET DRIVERS
5.2.KEY MARKET RESTRAINTS
5.3.KEY MARKET OPPORTUNITIES
5.4.FUTURE TRENDS
5.5.IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
6.AUTOMOTIVE PUSH RODS MARKET - GLOBAL MARKET ANALYSIS
6.1.AUTOMOTIVE PUSH RODS - GLOBAL MARKET OVERVIEW
6.2.AUTOMOTIVE PUSH RODS - GLOBAL MARKET AND FORECAST TO 2028
6.3.MARKET POSITIONING/MARKET SHARE
7.AUTOMOTIVE PUSH RODS MARKET - REVENUE AND FORECASTS TO 2028 â" VEHICLE TYPE
7.1.OVERVIEW
7.2.VEHICLE TYPE MARKET FORECASTS AND ANALYSIS
7.3.TWO WHEELERS
7.3.1.Overview
7.3.2.Two Wheelers Market Forecast and Analysis
7.4.PASSENGER CAR
7.4.1.Overview
7.4.2.Passenger Car Market Forecast and Analysis
7.5.LIGHT COMMERCIAL VEHICLES
7.5.1.Overview
7.5.2.Light Commercial Vehicles Market Forecast and Analysis
7.6.HEAVY COMMERCIAL VEHICLES
7.6.1.Overview
7.6.2.Heavy Commercial Vehicles Market Forecast and Analysis
8.AUTOMOTIVE PUSH RODS MARKET - REVENUE AND FORECASTS TO 2028 â" DESIGN TYPE
8.1.OVERVIEW
8.2.DESIGN TYPE MARKET FORECASTS AND ANALYSIS
8.3.TAPERED PUSH RODS
8.3.1.Overview
8.3.2.Tapered push rods Market Forecast and Analysis
8.4.STRAIGHT PUSH RODS
8.4.1.Overview
8.4.2.Straight push rods Market Forecast and Analysis
9.AUTOMOTIVE PUSH RODS MARKET REVENUE AND FORECASTS TO 2028 â" GEOGRAPHICAL ANALYSIS
9.1.NORTH AMERICA
9.1.1North America Automotive Push Rods Market Overview
9.1.2North America Automotive Push Rods Market Forecasts and Analysis
9.1.3North America Automotive Push Rods Market Forecasts and Analysis - By Vehicle Type
9.1.4North America Automotive Push Rods Market Forecasts and Analysis - By Design Type
9.1.5North America Automotive Push Rods Market Forecasts and Analysis - By Countries
9.1.5.1United States Automotive Push Rods Market
9.1.5.1.1United States Automotive Push Rods Market by Vehicle Type
9.1.5.1.2United States Automotive Push Rods Market by Design Type
9.1.5.2Canada Automotive Push Rods Market
9.1.5.2.1Canada Automotive Push Rods Market by Vehicle Type
9.1.5.2.2Canada Automotive Push Rods Market by Design Type
9.1.5.3Mexico Automotive Push Rods Market
9.1.5.3.1Mexico Automotive Push Rods Market by Vehicle Type
9.1.5.3.2Mexico Automotive Push Rods Market by Design Type
9.2.EUROPE
9.2.1Europe Automotive Push Rods Market Overview
9.2.2Europe Automotive Push Rods Market Forecasts and Analysis
9.2.3Europe Automotive Push Rods Market Forecasts and Analysis - By Vehicle Type
9.2.4Europe Automotive Push Rods Market Forecasts and Analysis - By Design Type
9.2.5Europe Automotive Push Rods Market Forecasts and Analysis - By Countries
9.2.5.1Germany Automotive Push Rods Market
9.2.5.1.1Germany Automotive Push Rods Market by Vehicle Type
9.2.5.1.2Germany Automotive Push Rods Market by Design Type
9.2.5.2France Automotive Push Rods Market
9.2.5.2.1France Automotive Push Rods Market by Vehicle Type
9.2.5.2.2France Automotive Push Rods Market by Design Type
9.2.5.3Italy Automotive Push Rods Market
9.2.5.3.1Italy Automotive Push Rods Market by Vehicle Type
9.2.5.3.2Italy Automotive Push Rods Market by Design Type
9.2.5.4United Kingdom Automotive Push Rods Market
9.2.5.4.1United Kingdom Automotive Push Rods Market by Vehicle Type
9.2.5.4.2United Kingdom Automotive Push Rods Market by Design Type
9.2.5.5Russia Automotive Push Rods Market
9.2.5.5.1Russia Automotive Push Rods Market by Vehicle Type
9.2.5.5.2Russia Automotive Push Rods Market by Design Type
9.2.5.6Rest of Europe Automotive Push Rods Market
9.2.5.6.1Rest of Europe Automotive Push Rods Market by Vehicle Type
9.2.5.6.2Rest of Europe Automotive Push Rods Market by Design Type
9.3.ASIA-PACIFIC
9.3.1Asia-Pacific Automotive Push Rods Market Overview
9.3.2Asia-Pacific Automotive Push Rods Market Forecasts and Analysis
9.3.3Asia-Pacific Automotive Push Rods Market Forecasts and Analysis - By Vehicle Type
9.3.4Asia-Pacific Automotive Push Rods Market Forecasts and Analysis - By Design Type
9.3.5Asia-Pacific Automotive Push Rods Market Forecasts and Analysis - By Countries
9.3.5.1Australia Automotive Push Rods Market
9.3.5.1.1Australia Automotive Push Rods Market by Vehicle Type
9.3.5.1.2Australia Automotive Push Rods Market by Design Type
9.3.5.2China Automotive Push Rods Market
9.3.5.2.1China Automotive Push Rods Market by Vehicle Type
9.3.5.2.2China Automotive Push Rods Market by Design Type
9.3.5.3India Automotive Push Rods Market
9.3.5.3.1India Automotive Push Rods Market by Vehicle Type
9.3.5.3.2India Automotive Push Rods Market by Design Type
9.3.5.4Japan Automotive Push Rods Market
9.3.5.4.1Japan Automotive Push Rods Market by Vehicle Type
9.3.5.4.2Japan Automotive Push Rods Market by Design Type
9.3.5.5South Korea Automotive Push Rods Market
9.3.5.5.1South Korea Automotive Push Rods Market by Vehicle Type
9.3.5.5.2South Korea Automotive Push Rods Market by Design Type
9.3.5.6Rest of Asia-Pacific Automotive Push Rods Market
9.3.5.6.1Rest of Asia-Pacific Automotive Push Rods Market by Vehicle Type
9.3.5.6.2Rest of Asia-Pacific Automotive Push Rods Market by Design Type
9.4.MIDDLE EAST AND AFRICA
9.4.1Middle East and Africa Automotive Push Rods Market Overview
9.4.2Middle East and Africa Automotive Push Rods Market Forecasts and Analysis
9.4.3Middle East and Africa Automotive Push Rods Market Forecasts and Analysis - By Vehicle Type
9.4.4Middle East and Africa Automotive Push Rods Market Forecasts and Analysis - By Design Type
9.4.5Middle East and Africa Automotive Push Rods Market Forecasts and Analysis - By Countries
9.4.5.1South Africa Automotive Push Rods Market
9.4.5.1.1South Africa Automotive Push Rods Market by Vehicle Type
9.4.5.1.2South Africa Automotive Push Rods Market by Design Type
9.4.5.2Saudi Arabia Automotive Push Rods Market
9.4.5.2.1Saudi Arabia Automotive Push Rods Market by Vehicle Type
9.4.5.2.2Saudi Arabia Automotive Push Rods Market by Design Type
9.4.5.3U.A.E Automotive Push Rods Market
9.4.5.3.1U.A.E Automotive Push Rods Market by Vehicle Type
9.4.5.3.2U.A.E Automotive Push Rods Market by Design Type
9.4.5.4Rest of Middle East and Africa Automotive Push Rods Market
9.4.5.4.1Rest of Middle East and Africa Automotive Push Rods Market by Vehicle Type
9.4.5.4.2Rest of Middle East and Africa Automotive Push Rods Market by Design Type
9.5.SOUTH AND CENTRAL AMERICA
9.5.1South and Central America Automotive Push Rods Market Overview
9.5.2South and Central America Automotive Push Rods Market Forecasts and Analysis
9.5.3South and Central America Automotive Push Rods Market Forecasts and Analysis - By Vehicle Type
9.5.4South and Central America Automotive Push Rods Market Forecasts and Analysis - By Design Type
9.5.5South and Central America Automotive Push Rods Market Forecasts and Analysis - By Countries
9.5.5.1Brazil Automotive Push Rods Market
9.5.5.1.1Brazil Automotive Push Rods Market by Vehicle Type
9.5.5.1.2Brazil Automotive Push Rods Market by Design Type
9.5.5.2Argentina Automotive Push Rods Market
9.5.5.2.1Argentina Automotive Push Rods Market by Vehicle Type
9.5.5.2.2Argentina Automotive Push Rods Market by Design Type
9.5.5.3Rest of South and Central America Automotive Push Rods Market
9.5.5.3.1Rest of South and Central America Automotive Push Rods Market by Vehicle Type
9.5.5.3.2Rest of South and Central America Automotive Push Rods Market by Design Type
10.INDUSTRY LANDSCAPE
10.1.MERGERS AND ACQUISITIONS
10.2.AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
10.3.NEW PRODUCT LAUNCHES
10.4.EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
11.AUTOMOTIVE PUSH RODS MARKET, KEY COMPANY PROFILES
11.1.MANTON PUSHRODS
11.1.1.Key Facts
11.1.2.Business Description
11.1.3.Products and Services
11.1.4.Financial Overview
11.1.5.SWOT Analysis
11.1.6.Key Developments
11.2.OE OUSHRODS
11.2.1.Key Facts
11.2.2.Business Description
11.2.3.Products and Services
11.2.4.Financial Overview
11.2.5.SWOT Analysis
11.2.6.Key Developments
11.3.SMITH BROS. PUSHRODS
11.3.1.Key Facts
11.3.2.Business Description
11.3.3.Products and Services
11.3.4.Financial Overview
11.3.5.SWOT Analysis
11.3.6.Key Developments
11.4.COMPCAMS
11.4.1.Key Facts
11.4.2.Business Description
11.4.3.Products and Services
11.4.4.Financial Overview
11.4.5.SWOT Analysis
11.4.6.Key Developments
11.5.ELGIN INDUSTRIES
11.5.1.Key Facts
11.5.2.Business Description
11.5.3.Products and Services
11.5.4.Financial Overview
11.5.5.SWOT Analysis
11.5.6.Key Developments
11.6.HUBEI JUNVOCH INDUSTRIAL & TRADE CO., LTD
11.6.1.Key Facts
11.6.2.Business Description
11.6.3.Products and Services
11.6.4.Financial Overview
11.6.5.SWOT Analysis
11.6.6.Key Developments
11.7.RANE ENGINE VALVE
11.7.1.Key Facts
11.7.2.Business Description
11.7.3.Products and Services
11.7.4.Financial Overview
11.7.5.SWOT Analysis
11.7.6.Key Developments
11.8.WUXI XIZHOU MACHINERY
11.8.1.Key Facts
11.8.2.Business Description
11.8.3.Products and Services
11.8.4.Financial Overview
11.8.5.SWOT Analysis
11.8.6.Key Developments
11.9.STAR FASTENERS
11.9.1.Key Facts
11.9.2.Business Description
11.9.3.Products and Services
11.9.4.Financial Overview
11.9.5.SWOT Analysis
11.9.6.Key Developments
11.10.YUHUAN HUIYU TAPPETS
11.10.1.Key Facts
11.10.2.Business Description
11.10.3.Products and Services
11.10.4.Financial Overview
11.10.5.SWOT Analysis
11.10.6.Key Developments
12.APPENDIX
12.1.ABOUT THE INSIGHT PARTNERS
12.2.GLOSSARY OF TERMS
1. Manton Pushrods
2. OE Oushrods
3. Smith Bros. Pushrods
4. COMPCams
5. Elgin Industries
6. Hubei Junvoch Industrial & Trade Co., Ltd
7. Rane Engine Valve
8. Wuxi Xizhou Machinery
9. Star Fasteners
10. Yuhuan Huiyu Tappets
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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