Chemical Based Non Lethal Weapons Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis
Despite the fact that law enforcement agencies are frequent users of chemical non-lethal weapons, the military's role has evolved dramatically in recent years. Their role in policing civilians has grown in recent years. Military troops are involved in ongoing international wars that put them in direct touch with civilian people in today's globe. Soldiers serving on humanitarian missions are subject to tight engagement guidelines. As a result, less deadly bullets and ammunition are required for perimeter security, crowd and riot control, and pilfering scenarios. Militaries are ready to act in MOOTW (Military Operations Other Than War) scenarios, in which the use of lethal force is prohibited.
MARKET SCOPE
The "Global Chemical Based Non-Lethal Weapons Market Analysis to 2031" is a specialized and in-depth study of the aerospace and defense industry with a special focus on the global market trend analysis. The report aims to provide an overview of the chemical based non-lethal weapons market with detailed market segmentation product type, application, and geography. The report provides key statistics on the market status of the leading chemical based non-lethal weapons market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
- On the product type, the market is segmented into sprays, kinectic bullet, grenades and others.
- Based on application, the market is segmented into law enforcement agencies, military forces and civil applications.
MARKET DYNAMICS
Drivers:
- Growing Riots Incidents Across the Globe
- Rise In Innovations and The Development of New Non-Lethal Weapon
Restraints:
- Concerns Regarding the Durability of the Materials
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely, North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The chemical based non lethal weapons market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trends. The report also provides exhaustive Porter's Five Forces analysis, highlighting the factors affecting the chemical based non lethal weapons market in these regions
IMPACT OF COVID-19 ON CHEMICAL-BASED NON-LETHAL WEAPONS MARKET
To stop the spread of the COVID-19 virus, governments throughout the world implemented stringent lockdowns and made social separation essential. As a result, the private and commercial security industries were among the most severely impacted by the pandemic, with initial investment declines. However, some riots and clashes with the government occurred throughout the world because of the uneven situations, and law enforcement organizations used non-lethal weaponry to calm the situation. The pandemic has expedited the use of non-lethal tactics, as the adoption of non-lethal and less-lethal weaponry in riot control operations is a more compassionate alternative to guns.
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The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely, North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The chemical based non lethal weapons market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trends. The report also provides exhaustive Porter's Five Forces analysis, highlighting the factors affecting the chemical based non lethal weapons market in these regions
IMPACT OF COVID-19 ON CHEMICAL-BASED NON-LETHAL WEAPONS MARKET
To stop the spread of the COVID-19 virus, governments throughout the world implemented stringent lockdowns and made social separation essential. As a result, the private and commercial security industries were among the most severely impacted by the pandemic, with initial investment declines. However, some riots and clashes with the government occurred throughout the world because of the uneven situations, and law enforcement organizations used non-lethal weaponry to calm the situation. The pandemic has expedited the use of non-lethal tactics, as the adoption of non-lethal and less-lethal weaponry in riot control operations is a more compassionate alternative to guns.
MARKET PLAYERS
The report covers key developments in the chemical based non lethal weapons market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from chemical based non lethal weapons market are anticipated to lucrative growth opportunities in the future with the rising demand for chemical based non lethal weapons in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the chemical based non lethal weapons market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- AMTEC Less-Lethal Systems Inc.
- Byrna
- Combiner Systems Inc.
- Counter Assault
- Mace
- Pepperball Technologies
- SABRE- Security Equipment Corp
- Salt Supply Co.
- Sure Safety
- Zarc International Inc.
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
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
This text is related
to country scope.
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Chemical Based Non Lethal Weapons Market - By Product Type
1.3.2 Chemical Based Non Lethal Weapons Market - By Application
1.3.3 Chemical Based Non Lethal Weapons Market - By Region
1.3.3.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. CHEMICAL BASED NON LETHAL WEAPONS 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. CHEMICAL BASED NON LETHAL WEAPONS 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. CHEMICAL BASED NON LETHAL WEAPONS MARKET - GLOBAL MARKET ANALYSIS
6.1. CHEMICAL BASED NON LETHAL WEAPONS - GLOBAL MARKET OVERVIEW
6.2. CHEMICAL BASED NON LETHAL WEAPONS - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. CHEMICAL BASED NON LETHAL WEAPONS MARKET - REVENUE AND FORECASTS TO 2028 - PRODUCT TYPE
7.1. OVERVIEW
7.2. PRODUCT TYPE MARKET FORECASTS AND ANALYSIS
7.3. SPRAYS
7.3.1. Overview
7.3.2. Sprays Market Forecast and Analysis
7.4. KINECTIC BULLET
7.4.1. Overview
7.4.2. Kinectic Bullet Market Forecast and Analysis
7.5. GRENADES
7.5.1. Overview
7.5.2. Grenades Market Forecast and Analysis
7.6. OTHERS
7.6.1. Overview
7.6.2. Others Market Forecast and Analysis
8. CHEMICAL BASED NON LETHAL WEAPONS MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
8.1. OVERVIEW
8.2. APPLICATION MARKET FORECASTS AND ANALYSIS
8.3. LAW ENFORCEMENT AGENCIES
8.3.1. Overview
8.3.2. Law Enforcement Agencies Market Forecast and Analysis
8.4. MILITARY FORCES
8.4.1. Overview
8.4.2. Military Forces Market Forecast and Analysis
8.5. CIVIL APPLICATIONS
8.5.1. Overview
8.5.2. Civil Applications Market Forecast and Analysis
9. CHEMICAL BASED NON LETHAL WEAPONS MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Chemical Based Non Lethal Weapons Market Overview
9.1.2 North America Chemical Based Non Lethal Weapons Market Forecasts and Analysis
9.1.3 North America Chemical Based Non Lethal Weapons Market Forecasts and Analysis - By Product Type
9.1.4 North America Chemical Based Non Lethal Weapons Market Forecasts and Analysis - By Application
9.1.5 North America Chemical Based Non Lethal Weapons Market Forecasts and Analysis - By Countries
9.1.5.1 United States Chemical Based Non Lethal Weapons Market
9.1.5.1.1 United States Chemical Based Non Lethal Weapons Market by Product Type
9.1.5.1.2 United States Chemical Based Non Lethal Weapons Market by Application
9.1.5.2 Canada Chemical Based Non Lethal Weapons Market
9.1.5.2.1 Canada Chemical Based Non Lethal Weapons Market by Product Type
9.1.5.2.2 Canada Chemical Based Non Lethal Weapons Market by Application
9.1.5.3 Mexico Chemical Based Non Lethal Weapons Market
9.1.5.3.1 Mexico Chemical Based Non Lethal Weapons Market by Product Type
9.1.5.3.2 Mexico Chemical Based Non Lethal Weapons Market by Application
9.2. EUROPE
9.2.1 Europe Chemical Based Non Lethal Weapons Market Overview
9.2.2 Europe Chemical Based Non Lethal Weapons Market Forecasts and Analysis
9.2.3 Europe Chemical Based Non Lethal Weapons Market Forecasts and Analysis - By Product Type
9.2.4 Europe Chemical Based Non Lethal Weapons Market Forecasts and Analysis - By Application
9.2.5 Europe Chemical Based Non Lethal Weapons Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Chemical Based Non Lethal Weapons Market
9.2.5.1.1 Germany Chemical Based Non Lethal Weapons Market by Product Type
9.2.5.1.2 Germany Chemical Based Non Lethal Weapons Market by Application
9.2.5.2 France Chemical Based Non Lethal Weapons Market
9.2.5.2.1 France Chemical Based Non Lethal Weapons Market by Product Type
9.2.5.2.2 France Chemical Based Non Lethal Weapons Market by Application
9.2.5.3 Italy Chemical Based Non Lethal Weapons Market
9.2.5.3.1 Italy Chemical Based Non Lethal Weapons Market by Product Type
9.2.5.3.2 Italy Chemical Based Non Lethal Weapons Market by Application
9.2.5.4 United Kingdom Chemical Based Non Lethal Weapons Market
9.2.5.4.1 United Kingdom Chemical Based Non Lethal Weapons Market by Product Type
9.2.5.4.2 United Kingdom Chemical Based Non Lethal Weapons Market by Application
9.2.5.5 Russia Chemical Based Non Lethal Weapons Market
9.2.5.5.1 Russia Chemical Based Non Lethal Weapons Market by Product Type
9.2.5.5.2 Russia Chemical Based Non Lethal Weapons Market by Application
9.2.5.6 Rest of Europe Chemical Based Non Lethal Weapons Market
9.2.5.6.1 Rest of Europe Chemical Based Non Lethal Weapons Market by Product Type
9.2.5.6.2 Rest of Europe Chemical Based Non Lethal Weapons Market by Application
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Chemical Based Non Lethal Weapons Market Overview
9.3.2 Asia-Pacific Chemical Based Non Lethal Weapons Market Forecasts and Analysis
9.3.3 Asia-Pacific Chemical Based Non Lethal Weapons Market Forecasts and Analysis - By Product Type
9.3.4 Asia-Pacific Chemical Based Non Lethal Weapons Market Forecasts and Analysis - By Application
9.3.5 Asia-Pacific Chemical Based Non Lethal Weapons Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Chemical Based Non Lethal Weapons Market
9.3.5.1.1 Australia Chemical Based Non Lethal Weapons Market by Product Type
9.3.5.1.2 Australia Chemical Based Non Lethal Weapons Market by Application
9.3.5.2 China Chemical Based Non Lethal Weapons Market
9.3.5.2.1 China Chemical Based Non Lethal Weapons Market by Product Type
9.3.5.2.2 China Chemical Based Non Lethal Weapons Market by Application
9.3.5.3 India Chemical Based Non Lethal Weapons Market
9.3.5.3.1 India Chemical Based Non Lethal Weapons Market by Product Type
9.3.5.3.2 India Chemical Based Non Lethal Weapons Market by Application
9.3.5.4 Japan Chemical Based Non Lethal Weapons Market
9.3.5.4.1 Japan Chemical Based Non Lethal Weapons Market by Product Type
9.3.5.4.2 Japan Chemical Based Non Lethal Weapons Market by Application
9.3.5.5 South Korea Chemical Based Non Lethal Weapons Market
9.3.5.5.1 South Korea Chemical Based Non Lethal Weapons Market by Product Type
9.3.5.5.2 South Korea Chemical Based Non Lethal Weapons Market by Application
9.3.5.6 Rest of Asia-Pacific Chemical Based Non Lethal Weapons Market
9.3.5.6.1 Rest of Asia-Pacific Chemical Based Non Lethal Weapons Market by Product Type
9.3.5.6.2 Rest of Asia-Pacific Chemical Based Non Lethal Weapons Market by Application
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Chemical Based Non Lethal Weapons Market Overview
9.4.2 Middle East and Africa Chemical Based Non Lethal Weapons Market Forecasts and Analysis
9.4.3 Middle East and Africa Chemical Based Non Lethal Weapons Market Forecasts and Analysis - By Product Type
9.4.4 Middle East and Africa Chemical Based Non Lethal Weapons Market Forecasts and Analysis - By Application
9.4.5 Middle East and Africa Chemical Based Non Lethal Weapons Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Chemical Based Non Lethal Weapons Market
9.4.5.1.1 South Africa Chemical Based Non Lethal Weapons Market by Product Type
9.4.5.1.2 South Africa Chemical Based Non Lethal Weapons Market by Application
9.4.5.2 Saudi Arabia Chemical Based Non Lethal Weapons Market
9.4.5.2.1 Saudi Arabia Chemical Based Non Lethal Weapons Market by Product Type
9.4.5.2.2 Saudi Arabia Chemical Based Non Lethal Weapons Market by Application
9.4.5.3 U.A.E Chemical Based Non Lethal Weapons Market
9.4.5.3.1 U.A.E Chemical Based Non Lethal Weapons Market by Product Type
9.4.5.3.2 U.A.E Chemical Based Non Lethal Weapons Market by Application
9.4.5.4 Rest of Middle East and Africa Chemical Based Non Lethal Weapons Market
9.4.5.4.1 Rest of Middle East and Africa Chemical Based Non Lethal Weapons Market by Product Type
9.4.5.4.2 Rest of Middle East and Africa Chemical Based Non Lethal Weapons Market by Application
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Chemical Based Non Lethal Weapons Market Overview
9.5.2 South and Central America Chemical Based Non Lethal Weapons Market Forecasts and Analysis
9.5.3 South and Central America Chemical Based Non Lethal Weapons Market Forecasts and Analysis - By Product Type
9.5.4 South and Central America Chemical Based Non Lethal Weapons Market Forecasts and Analysis - By Application
9.5.5 South and Central America Chemical Based Non Lethal Weapons Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Chemical Based Non Lethal Weapons Market
9.5.5.1.1 Brazil Chemical Based Non Lethal Weapons Market by Product Type
9.5.5.1.2 Brazil Chemical Based Non Lethal Weapons Market by Application
9.5.5.2 Argentina Chemical Based Non Lethal Weapons Market
9.5.5.2.1 Argentina Chemical Based Non Lethal Weapons Market by Product Type
9.5.5.2.2 Argentina Chemical Based Non Lethal Weapons Market by Application
9.5.5.3 Rest of South and Central America Chemical Based Non Lethal Weapons Market
9.5.5.3.1 Rest of South and Central America Chemical Based Non Lethal Weapons Market by Product Type
9.5.5.3.2 Rest of South and Central America Chemical Based Non Lethal Weapons Market by Application
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. CHEMICAL BASED NON LETHAL WEAPONS MARKET, KEY COMPANY PROFILES
11.1. SABRE- SECURITY EQUIPMENT CORP
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. PEPPERBALL TECHNOLOGIES
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. BYRNA
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. SURE SAFETY
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. SALT SUPPLY CO.
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. COUNTER ASSAULT
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. MACE
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. ZARC 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. COMBINER SYSTEMS INC.
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. AMTEC LESS-LETHAL SYSTEMS INC.
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.SABRE- Security Equipment Corp
2.Pepperball Technologies
3.Byrna
4.Sure Safety
5.Salt Supply Co.
6.Counter Assault
7.Mace
8.Zarc International Inc.
9.Combiner Systems Inc.
10.AMTEC Less-Lethal Systems Inc.
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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