The automotive wheel market is expected to register a CAGR of 6.1% during 2023–2031. The increasing adoption of composite wheels is one of the major trends in the automotive wheel market.
Automotive Wheel Market Analysis
- The growing automotive production across different regions is one of the major factors supporting the market growth for automotive wheels worldwide. Further, the rising commercial vehicles industry is another major factor fuelling the automotive wheel market growth.
- The global boom in transportation and logistics sectors has been witnessing a strong rise in terms of the demand for commercial vehicles such as trucks and trailers. Such commercial vehicles require strong alloy wheels to handle heavy loads and provide stability during driving. Such factors have been pushing the growth of the automotive wheel market for the commercial segment as well.
Automotive Wheel Market Overview
- The global automotive wheel market is likely to witness healthy growth in the coming years. This is mainly due to the growing production of automobiles including passenger cars, light commercial vehicles (LCVs), and heavy commercial vehicles (HCVs).
- Further, the growth in number of electric vehicles across different regions is another major factor likely to provide new opportunities for market vendors in the coming years. This is also propelled by the increasing awareness of reducing the carbon emissions and pollution rates from the automobile industry worldwide.
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Automotive Wheel Market: Strategic Insights
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Customize Research To Suit Your Requirement
We can optimize and tailor the analysis and scope which is unmet through our standard offerings. This flexibility will help you gain the exact information needed for your business planning and decision making.
Automotive Wheel Market: Strategic Insights
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Naveen will walk you through a 15-minute call to present the report’s content and answer all queries if you have any.
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Automotive Wheel Market Drivers and Opportunities
Growing Production of Passenger Cars
- Overall, the automotive wheel market is increasing at a significant rate due to a higher rate of passenger cars. This is mainly due to the growing demand for vehicles among the middle class and lower-class population worldwide which is also propelled by the rising disposable income per individual across different regions.
- According to the Organisation Internationale des Constructeurs automobiles (OICA) data, global passenger vehicle sales were around 57.05 million units in 2021 further reaching around 67.13 million units in 2023.
- Similarly, according to the OICA data, the global overall vehicle production stood at around 80.14 million units in 2021 further reaching around 93.55 million units in 2023. This includes the production of passenger and commercial vehicles. Such a growing number of vehicle production is catalyzing the growth of the automotive wheel market across different regions.
Rising Adoption of Electric Vehicles
- The growth in adoption of electric vehicles is one of the major factors likely to provide new opportunities for market vendors of different regions in the coming years.
- The demand for different models of electric vehicles among the end users differs across various regions. For instance, according to the International Energy Agency (IEA), in 2023, the US witnessed the majority of electric SUVs demand compared to other types of vehicles. Similarly, in 2023, China witnessed a strong growth in the demand for electric SUVs and medium electric cars. Such factors have been pushing the adoption of electric vehicles across different regions which is further likely to generate new opportunities for market vendors in the coming years.
Automotive Wheel Market Report Segmentation Analysis
Key segments that contributed to the derivation of the automotive wheel market analysis are material, wheel type, vehicle type, rim size, and end-use.
- Based on material, the automotive wheel market is segmented into carbon fiber, steel, alloy, and others.
- Based on the wheel, the automotive wheel market is segmented into off-road and on-road.
- Based on vehicle type, the automotive wheel market is bifurcated into passenger cars and commercial vehicles.
- Based on rim size, the automotive wheel market is segmented into up to 15”, 15-21”, and above 21”.
- Based on end use, the automotive wheel market is segmented into OEMs and aftermarket.
Automotive Wheel Market Share Analysis by Geography
- Automotive Wheel Market Report comprises a detailed analysis of five major geographic regions, which includes current and historical market size and forecasts for 2021 to 2031, covering North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South & Central America.
- Each region is further sub-segmented into respective countries. This report provides analysis and forecasts of 18+ countries, covering automotive wheel market dynamics such as drivers, trends, and opportunities that are impacting the markets at the regional level.
- Also, the report covers PEST analysis, which involves the study of major factors that influence the automotive wheel market in these regions.
Automotive Wheel Market Report Scope
Automotive Wheel Market News and Recent Developments
The automotive wheel market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. A few of the developments in the automotive wheel market are listed below:
- Pirelli and the BMW Group have worked together to unveil new 20-inch P Zero Winter 2 tires for the BMW 7 Series which focus on range capabilities, thanks to its “A class” European labeling for rolling resistance. This collaborative effort sets a new benchmark especially for all-electric vehicle tires, offering drivers an exceptional driving experience with extended range, uncompromised comfort, and outstanding performance in winter conditions on different surfaces (Source: Pirelli, Company Website, June 2024)
- Maxion Wheels, the world’s largest wheel manufacturer, announced today that its newest truck steel wheels plant with partner Inci Holding is ready to open in Turkey. The two companies will also build a plant to offer forged aluminum Commercial Vehicle (CV) wheels beginning in 2024. The combined investments are more than USD 150 million from 2021 through 2031, over the next few years, and further enhance Maxion Wheels’ existing globally leading steel wheel portfolio, while extending its reach to commercial vehicle applications where aluminum is the preferred solution. (Source: Maxion Wheels, Company Website, September 2022)
Automotive Wheel Market Report Coverage and Deliverables
The “Automotive Wheel Market Size and Forecast (2021–2031)” report provides a detailed analysis of the market covering below areas:
- Automotive wheel market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
- Automotive wheel market trends as well as market dynamics such as drivers, restraints, and key opportunities
- Detailed PEST analysis
- Automotive wheel market analysis covering key market trends, global and regional framework, major players, regulations, and recent market developments
- Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments in the automotive wheel market
- Detailed company profiles
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
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to country scope.
Frequently Asked Questions
The global automotive wheel market is expected to grow at a CAGR of 6.1% during the forecast period 2023 - 2031.
The increasing global vehicle production and growing adoption of EVs are some of the major factors driving the automotive wheel market.
The adoption of composite wheels in the coming years is one of the major future trends for the market.
The leading players operating in the automotive wheel market are Hitachi Metals, Enkei, Alcar, Citic Dicastal, Maxion Wheels, Vossen Wheels, Forgiato Wheels, Uniwheels, Accuride Corporation, and Mangels Industrials.
The report can be delivered in PDF/PPT format; we can also share the Excel dataset based on the request.
Some of the customization options available based on request are 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.
TABLE OF CONTENTS
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Automotive Wheel Market - By Material
1.3.2 Automotive Wheel Market - By Vehicle Type
1.3.3 Automotive Wheel Market - By Region
1.3.3.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. AUTOMOTIVE WHEEL MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PORTER'S FIVE FORCES ANALYSIS
4.2.1 Bargaining Power of Buyers
4.2.1 Bargaining Power of Suppliers
4.2.1 Threat of Substitute
4.2.1 Threat of New Entrants
4.2.1 Competitive Rivalry
4.3. ECOSYSTEM ANALYSIS
4.4. EXPERT OPINIONS
5. AUTOMOTIVE WHEEL 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 WHEEL MARKET - GLOBAL MARKET ANALYSIS
6.1. AUTOMOTIVE WHEEL - GLOBAL MARKET OVERVIEW
6.2. AUTOMOTIVE WHEEL - GLOBAL MARKET AND FORECAST TO 2027
6.3. MARKET POSITIONING/MARKET SHARE
7. AUTOMOTIVE WHEEL MARKET - REVENUE AND FORECASTS TO 2027 - MATERIAL
7.1. OVERVIEW
7.2. MATERIAL MARKET FORECASTS AND ANALYSIS
7.3. CARBON FIBER
7.3.1. Overview
7.3.2. Carbon Fiber Market Forecast and Analysis
7.4. STEEL
7.4.1. Overview
7.4.2. Steel Market Forecast and Analysis
7.5. ALLOY
7.5.1. Overview
7.5.2. Alloy Market Forecast and Analysis
7.6. OTHERS
7.6.1. Overview
7.6.2. Others Market Forecast and Analysis
8. AUTOMOTIVE WHEEL MARKET - REVENUE AND FORECASTS TO 2027 - VEHICLE TYPE
8.1. OVERVIEW
8.2. VEHICLE TYPE MARKET FORECASTS AND ANALYSIS
8.3. OFF-ROAD
8.3.1. Overview
8.3.2. Off-Road Market Forecast and Analysis
8.4. ON-ROAD
8.4.1. Overview
8.4.2. On-Road Market Forecast and Analysis
9. AUTOMOTIVE WHEEL MARKET REVENUE AND FORECASTS TO 2027 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Automotive Wheel Market Overview
9.1.2 North America Automotive Wheel Market Forecasts and Analysis
9.1.3 North America Automotive Wheel Market Forecasts and Analysis - By Material
9.1.4 North America Automotive Wheel Market Forecasts and Analysis - By Vehicle Type
9.1.5 North America Automotive Wheel Market Forecasts and Analysis - By Countries
9.1.5.1 United States Automotive Wheel Market
9.1.5.1.1 United States Automotive Wheel Market by Material
9.1.5.1.2 United States Automotive Wheel Market by Vehicle Type
9.1.5.2 Canada Automotive Wheel Market
9.1.5.2.1 Canada Automotive Wheel Market by Material
9.1.5.2.2 Canada Automotive Wheel Market by Vehicle Type
9.1.5.3 Mexico Automotive Wheel Market
9.1.5.3.1 Mexico Automotive Wheel Market by Material
9.1.5.3.2 Mexico Automotive Wheel Market by Vehicle Type
9.2. EUROPE
9.2.1 Europe Automotive Wheel Market Overview
9.2.2 Europe Automotive Wheel Market Forecasts and Analysis
9.2.3 Europe Automotive Wheel Market Forecasts and Analysis - By Material
9.2.4 Europe Automotive Wheel Market Forecasts and Analysis - By Vehicle Type
9.2.5 Europe Automotive Wheel Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Automotive Wheel Market
9.2.5.1.1 Germany Automotive Wheel Market by Material
9.2.5.1.2 Germany Automotive Wheel Market by Vehicle Type
9.2.5.2 France Automotive Wheel Market
9.2.5.2.1 France Automotive Wheel Market by Material
9.2.5.2.2 France Automotive Wheel Market by Vehicle Type
9.2.5.3 Italy Automotive Wheel Market
9.2.5.3.1 Italy Automotive Wheel Market by Material
9.2.5.3.2 Italy Automotive Wheel Market by Vehicle Type
9.2.5.4 United Kingdom Automotive Wheel Market
9.2.5.4.1 United Kingdom Automotive Wheel Market by Material
9.2.5.4.2 United Kingdom Automotive Wheel Market by Vehicle Type
9.2.5.5 Russia Automotive Wheel Market
9.2.5.5.1 Russia Automotive Wheel Market by Material
9.2.5.5.2 Russia Automotive Wheel Market by Vehicle Type
9.2.5.6 Rest of Europe Automotive Wheel Market
9.2.5.6.1 Rest of Europe Automotive Wheel Market by Material
9.2.5.6.2 Rest of Europe Automotive Wheel Market by Vehicle Type
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Automotive Wheel Market Overview
9.3.2 Asia-Pacific Automotive Wheel Market Forecasts and Analysis
9.3.3 Asia-Pacific Automotive Wheel Market Forecasts and Analysis - By Material
9.3.4 Asia-Pacific Automotive Wheel Market Forecasts and Analysis - By Vehicle Type
9.3.5 Asia-Pacific Automotive Wheel Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Automotive Wheel Market
9.3.5.1.1 Australia Automotive Wheel Market by Material
9.3.5.1.2 Australia Automotive Wheel Market by Vehicle Type
9.3.5.2 China Automotive Wheel Market
9.3.5.2.1 China Automotive Wheel Market by Material
9.3.5.2.2 China Automotive Wheel Market by Vehicle Type
9.3.5.3 India Automotive Wheel Market
9.3.5.3.1 India Automotive Wheel Market by Material
9.3.5.3.2 India Automotive Wheel Market by Vehicle Type
9.3.5.4 Japan Automotive Wheel Market
9.3.5.4.1 Japan Automotive Wheel Market by Material
9.3.5.4.2 Japan Automotive Wheel Market by Vehicle Type
9.3.5.5 South Korea Automotive Wheel Market
9.3.5.5.1 South Korea Automotive Wheel Market by Material
9.3.5.5.2 South Korea Automotive Wheel Market by Vehicle Type
9.3.5.6 Rest of Asia-Pacific Automotive Wheel Market
9.3.5.6.1 Rest of Asia-Pacific Automotive Wheel Market by Material
9.3.5.6.2 Rest of Asia-Pacific Automotive Wheel Market by Vehicle Type
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Automotive Wheel Market Overview
9.4.2 Middle East and Africa Automotive Wheel Market Forecasts and Analysis
9.4.3 Middle East and Africa Automotive Wheel Market Forecasts and Analysis - By Material
9.4.4 Middle East and Africa Automotive Wheel Market Forecasts and Analysis - By Vehicle Type
9.4.5 Middle East and Africa Automotive Wheel Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Automotive Wheel Market
9.4.5.1.1 South Africa Automotive Wheel Market by Material
9.4.5.1.2 South Africa Automotive Wheel Market by Vehicle Type
9.4.5.2 Saudi Arabia Automotive Wheel Market
9.4.5.2.1 Saudi Arabia Automotive Wheel Market by Material
9.4.5.2.2 Saudi Arabia Automotive Wheel Market by Vehicle Type
9.4.5.3 U.A.E Automotive Wheel Market
9.4.5.3.1 U.A.E Automotive Wheel Market by Material
9.4.5.3.2 U.A.E Automotive Wheel Market by Vehicle Type
9.4.5.4 Rest of Middle East and Africa Automotive Wheel Market
9.4.5.4.1 Rest of Middle East and Africa Automotive Wheel Market by Material
9.4.5.4.2 Rest of Middle East and Africa Automotive Wheel Market by Vehicle Type
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Automotive Wheel Market Overview
9.5.2 South and Central America Automotive Wheel Market Forecasts and Analysis
9.5.3 South and Central America Automotive Wheel Market Forecasts and Analysis - By Material
9.5.4 South and Central America Automotive Wheel Market Forecasts and Analysis - By Vehicle Type
9.5.5 South and Central America Automotive Wheel Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Automotive Wheel Market
9.5.5.1.1 Brazil Automotive Wheel Market by Material
9.5.5.1.2 Brazil Automotive Wheel Market by Vehicle Type
9.5.5.2 Argentina Automotive Wheel Market
9.5.5.2.1 Argentina Automotive Wheel Market by Material
9.5.5.2.2 Argentina Automotive Wheel Market by Vehicle Type
9.5.5.3 Rest of South and Central America Automotive Wheel Market
9.5.5.3.1 Rest of South and Central America Automotive Wheel Market by Material
9.5.5.3.2 Rest of South and Central America Automotive Wheel Market by Vehicle 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 WHEEL MARKET, KEY COMPANY PROFILES
11.1. ACCURIDE CORPORATION
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. BORBET GMBH
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. ENKEI INTERNATIONAL, INC.
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. MAXION WHEELS
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. HITACHI METALS AMERICA, LTD
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. RONAL GROUP
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. STEEL STRIPS GROUP
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. SUPERIOR INDUSTRIES INTERNATIONAL, INC.
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. VOSSEN WHEELS
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. WANFENG GROUP CO., LTD.
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
The List of Companies
1. Accuride Corporation
2. BORBET GmbH
3. Enkei International, Inc.
4. MAXION Wheels
5. Hitachi Metals America, Ltd
6. Ronal Group
7. Steel Strips Group
8. Superior Industries International, Inc.
9. Vossen Wheels
10. Wanfeng Group Co., Ltd.
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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