Construction Glass Market Trends, Size, Analysis, Top Players 2021-2031
The Construction Glass Market is expected to register a CAGR of 4.3% from 2023 to 2031, with a market size expanding from US$ XX million in 2023 to US$ XX Million by 2031.
The report is segmented by Type (Sheet Glass, Float Glass, Laminated Glasss, Shatterproof Glass, and Others). The report is also segmented by End User (Residential and Non-Residential). The report scope covers 5 regions: North America, Europe, Asia Pacific, Middle East and Africa, and South and Central America and key countries under each region. The global analysis is further broken-down at regional level and major countries. The Report Offers the Value in USD for the above analysis and segments.
Purpose of the ReportThe report Construction Glass 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.
Construction Glass Market Segmentation
Type- Sheet Glass
- Float Glass
- Laminated Glasss
- Shatterproof Glass
- Residential and Non-Residential
Strategic Insights
Construction Glass Market Growth Drivers- Increase in Construction Activities: The increasing growth of cities and their populations leads to an increasing need for both housing and commercial construction. Urbanization creates the need for construction glass usage in façade, window, and interior enhancement. This results in a trend among the manufacturers to come up with better products in order to keep up with the modern architecture.
- Surging Demand for Energy Efficiency: Many countries are now installing stricter regulations on building energy efficiency control for the sake of preventing climate change. Energy-efficient glazing methods such as insulating glazing or low-e glass are a clear aspect of construction glass in these requirements. These populations are on the increase as construction materials are being looked for that will allow builders to meet the legislations in place without using too much energy in the buildings.
- Advancements in Smart Construction Glass: The construction business is evolving due to improvements in glass production such as smart glass technology and increase in resistance to shattering illusions. Thanks to these developments, it is now possible to create glass that regulates temperature, block sunlight and provides security as well. The construction industry is also stepping up as architects and builders look for exotic options, hence high performance construction glass is on demand.
- Trends in Diversified Construction Glass: The market for construction and architecture glass seems to be moving toward diversification, as manufacturers have been extending their product ranges - in order to respond to the changing tastes of customers. Such trends encompass the emergence of new glasses, such as low-emissivity (low-e) glass and smart glass, which are designed to increase the energy efficiency and utility of contemporary structures.
- Green Practices in Construction Glass: Considering the aspects concerning the construction glass, the push towards sustainable practices even becomes more pronounced. Due to an increase in environmental consciousness, builders and designers are more concerned with the use of green materials. This also presents an opportunity for the availability of recycled glass as well as all other recycled materials used for constructing green buildings which are part of the global campaigns to promote green construction.
- Advancements in Smart Acoustic Glass: The advancements in acoustic glass are remarkable and so is the smart technology that is embedded into constructional glass. For instance smart glass can change its opacity depending on the weather as it seeks to improve energy efficiency and comfort to the inhabitants. The reason for it is simple; more and more property developers are in search of those improvements that will not only enhance the performance of the building but also be visually attractive.
- Growth of Construction Glass Market: The market for construction glass has ample scope to grow in emerging countries where urbanization and infrastructural development is taking place at a fast pace. Asia and Africa are currently focusing on the development of the residential and commercial sectors in their countries, resulting in an increased needs for construction glass. This in turn may lead to an enhancement of the share for such producers in the market.
- Shift Towards Sustainable Products: With sustainability being an agenda of many countries, the rates of building products of sustainable nature are on the increase. Construction glass that is certified according to the green building standards such as low-e and recycled glass gives the manufacturers a chance to enter into this highly competitive market. This is also in keeping with the legislations encouraging energy saving construction and building materials.
- Rise in Innovations :New technologies in glazing such as the smart glaze and energy saving coatings are ushering in new growth. Such innovations serve to improve the buildings and the materials comfort levels which makes it appealing to the contractors. With the acceptance of new technologies that these markets define, there are opportunities for companies to self brand which will in turn lead to higher results in the share of construction glass.
Market Report Scope
Key Selling Points
- Comprehensive Coverage: The report comprehensively covers the analysis of products, services, types, and end users of the Construction Glass 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 Construction Glass 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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- 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
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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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to country scope.
Frequently Asked Questions
The Construction Glass Market is estimated to witness a CAGR of 4.3% from 2023 to 2031
Rising urbanization is driving the market growth
Growth of green building initiatives is one of the key opportunities for the market growth.
SCHOTT, Nippon Sheet Glass Co Ltd, Saint-Gobain, Guardian Industries Holdings, Asahi India Glass Ltd, Central Glass Co Ltd, Corning Incorporated, Sisecam, Bendheim, and Pella Corporation are among the leading players operating in the construction glass market.
The report can be delivered in PDF/Word format, we can also share excel data sheet based on request.
Based on geography, Asia Pacific is expected to register the fastest CAGR from 2023 to 2031.
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 Construction Glass Market - By Product Type
1.3.2 Construction Glass Market - By Chemical Composition
1.3.3 Construction Glass Market - By Application
1.3.4 Construction Glass Market - By Region
1.3.4.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. CONSTRUCTION GLASS 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. CONSTRUCTION GLASS 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. CONSTRUCTION GLASS MARKET - GLOBAL MARKET ANALYSIS
6.1. CONSTRUCTION GLASS - GLOBAL MARKET OVERVIEW
6.2. CONSTRUCTION GLASS - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. CONSTRUCTION GLASS MARKET - REVENUE AND FORECASTS TO 2028 - PRODUCT TYPE
7.1. OVERVIEW
7.2. PRODUCT TYPE MARKET FORECASTS AND ANALYSIS
7.3. SPECIAL GLASS
7.3.1. Overview
7.3.2. Special Glass Market Forecast and Analysis
7.4. LOW-E GLASS
7.4.1. Overview
7.4.2. Low-E Glass Market Forecast and Analysis
8. CONSTRUCTION GLASS MARKET - REVENUE AND FORECASTS TO 2028 - CHEMICAL COMPOSITION
8.1. OVERVIEW
8.2. CHEMICAL COMPOSITION MARKET FORECASTS AND ANALYSIS
8.3. POTASH-LIME
8.3.1. Overview
8.3.2. Potash-Lime Market Forecast and Analysis
8.4. SODA-LIME
8.4.1. Overview
8.4.2. Soda-Lime Market Forecast and Analysis
8.5. POTASH-LEAD
8.5.1. Overview
8.5.2. Potash-Lead Market Forecast and Analysis
9. CONSTRUCTION GLASS MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
9.1. OVERVIEW
9.2. APPLICATION MARKET FORECASTS AND ANALYSIS
9.3. RESIDENTIAL
9.3.1. Overview
9.3.2. Residential Market Forecast and Analysis
9.4. NON-RESIDENTIAL
9.4.1. Overview
9.4.2. Non-Residential Market Forecast and Analysis
10. CONSTRUCTION GLASS MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
10.1. NORTH AMERICA
10.1.1 North America Construction Glass Market Overview
10.1.2 North America Construction Glass Market Forecasts and Analysis
10.1.3 North America Construction Glass Market Forecasts and Analysis - By Product Type
10.1.4 North America Construction Glass Market Forecasts and Analysis - By Chemical Composition
10.1.5 North America Construction Glass Market Forecasts and Analysis - By Application
10.1.6 North America Construction Glass Market Forecasts and Analysis - By Countries
10.1.6.1 United States Construction Glass Market
10.1.6.1.1 United States Construction Glass Market by Product Type
10.1.6.1.2 United States Construction Glass Market by Chemical Composition
10.1.6.1.3 United States Construction Glass Market by Application
10.1.6.2 Canada Construction Glass Market
10.1.6.2.1 Canada Construction Glass Market by Product Type
10.1.6.2.2 Canada Construction Glass Market by Chemical Composition
10.1.6.2.3 Canada Construction Glass Market by Application
10.1.6.3 Mexico Construction Glass Market
10.1.6.3.1 Mexico Construction Glass Market by Product Type
10.1.6.3.2 Mexico Construction Glass Market by Chemical Composition
10.1.6.3.3 Mexico Construction Glass Market by Application
10.2. EUROPE
10.2.1 Europe Construction Glass Market Overview
10.2.2 Europe Construction Glass Market Forecasts and Analysis
10.2.3 Europe Construction Glass Market Forecasts and Analysis - By Product Type
10.2.4 Europe Construction Glass Market Forecasts and Analysis - By Chemical Composition
10.2.5 Europe Construction Glass Market Forecasts and Analysis - By Application
10.2.6 Europe Construction Glass Market Forecasts and Analysis - By Countries
10.2.6.1 Germany Construction Glass Market
10.2.6.1.1 Germany Construction Glass Market by Product Type
10.2.6.1.2 Germany Construction Glass Market by Chemical Composition
10.2.6.1.3 Germany Construction Glass Market by Application
10.2.6.2 France Construction Glass Market
10.2.6.2.1 France Construction Glass Market by Product Type
10.2.6.2.2 France Construction Glass Market by Chemical Composition
10.2.6.2.3 France Construction Glass Market by Application
10.2.6.3 Italy Construction Glass Market
10.2.6.3.1 Italy Construction Glass Market by Product Type
10.2.6.3.2 Italy Construction Glass Market by Chemical Composition
10.2.6.3.3 Italy Construction Glass Market by Application
10.2.6.4 United Kingdom Construction Glass Market
10.2.6.4.1 United Kingdom Construction Glass Market by Product Type
10.2.6.4.2 United Kingdom Construction Glass Market by Chemical Composition
10.2.6.4.3 United Kingdom Construction Glass Market by Application
10.2.6.5 Russia Construction Glass Market
10.2.6.5.1 Russia Construction Glass Market by Product Type
10.2.6.5.2 Russia Construction Glass Market by Chemical Composition
10.2.6.5.3 Russia Construction Glass Market by Application
10.2.6.6 Rest of Europe Construction Glass Market
10.2.6.6.1 Rest of Europe Construction Glass Market by Product Type
10.2.6.6.2 Rest of Europe Construction Glass Market by Chemical Composition
10.2.6.6.3 Rest of Europe Construction Glass Market by Application
10.3. ASIA-PACIFIC
10.3.1 Asia-Pacific Construction Glass Market Overview
10.3.2 Asia-Pacific Construction Glass Market Forecasts and Analysis
10.3.3 Asia-Pacific Construction Glass Market Forecasts and Analysis - By Product Type
10.3.4 Asia-Pacific Construction Glass Market Forecasts and Analysis - By Chemical Composition
10.3.5 Asia-Pacific Construction Glass Market Forecasts and Analysis - By Application
10.3.6 Asia-Pacific Construction Glass Market Forecasts and Analysis - By Countries
10.3.6.1 Australia Construction Glass Market
10.3.6.1.1 Australia Construction Glass Market by Product Type
10.3.6.1.2 Australia Construction Glass Market by Chemical Composition
10.3.6.1.3 Australia Construction Glass Market by Application
10.3.6.2 China Construction Glass Market
10.3.6.2.1 China Construction Glass Market by Product Type
10.3.6.2.2 China Construction Glass Market by Chemical Composition
10.3.6.2.3 China Construction Glass Market by Application
10.3.6.3 India Construction Glass Market
10.3.6.3.1 India Construction Glass Market by Product Type
10.3.6.3.2 India Construction Glass Market by Chemical Composition
10.3.6.3.3 India Construction Glass Market by Application
10.3.6.4 Japan Construction Glass Market
10.3.6.4.1 Japan Construction Glass Market by Product Type
10.3.6.4.2 Japan Construction Glass Market by Chemical Composition
10.3.6.4.3 Japan Construction Glass Market by Application
10.3.6.5 South Korea Construction Glass Market
10.3.6.5.1 South Korea Construction Glass Market by Product Type
10.3.6.5.2 South Korea Construction Glass Market by Chemical Composition
10.3.6.5.3 South Korea Construction Glass Market by Application
10.3.6.6 Rest of Asia-Pacific Construction Glass Market
10.3.6.6.1 Rest of Asia-Pacific Construction Glass Market by Product Type
10.3.6.6.2 Rest of Asia-Pacific Construction Glass Market by Chemical Composition
10.3.6.6.3 Rest of Asia-Pacific Construction Glass Market by Application
10.4. MIDDLE EAST AND AFRICA
10.4.1 Middle East and Africa Construction Glass Market Overview
10.4.2 Middle East and Africa Construction Glass Market Forecasts and Analysis
10.4.3 Middle East and Africa Construction Glass Market Forecasts and Analysis - By Product Type
10.4.4 Middle East and Africa Construction Glass Market Forecasts and Analysis - By Chemical Composition
10.4.5 Middle East and Africa Construction Glass Market Forecasts and Analysis - By Application
10.4.6 Middle East and Africa Construction Glass Market Forecasts and Analysis - By Countries
10.4.6.1 South Africa Construction Glass Market
10.4.6.1.1 South Africa Construction Glass Market by Product Type
10.4.6.1.2 South Africa Construction Glass Market by Chemical Composition
10.4.6.1.3 South Africa Construction Glass Market by Application
10.4.6.2 Saudi Arabia Construction Glass Market
10.4.6.2.1 Saudi Arabia Construction Glass Market by Product Type
10.4.6.2.2 Saudi Arabia Construction Glass Market by Chemical Composition
10.4.6.2.3 Saudi Arabia Construction Glass Market by Application
10.4.6.3 U.A.E Construction Glass Market
10.4.6.3.1 U.A.E Construction Glass Market by Product Type
10.4.6.3.2 U.A.E Construction Glass Market by Chemical Composition
10.4.6.3.3 U.A.E Construction Glass Market by Application
10.4.6.4 Rest of Middle East and Africa Construction Glass Market
10.4.6.4.1 Rest of Middle East and Africa Construction Glass Market by Product Type
10.4.6.4.2 Rest of Middle East and Africa Construction Glass Market by Chemical Composition
10.4.6.4.3 Rest of Middle East and Africa Construction Glass Market by Application
10.5. SOUTH AND CENTRAL AMERICA
10.5.1 South and Central America Construction Glass Market Overview
10.5.2 South and Central America Construction Glass Market Forecasts and Analysis
10.5.3 South and Central America Construction Glass Market Forecasts and Analysis - By Product Type
10.5.4 South and Central America Construction Glass Market Forecasts and Analysis - By Chemical Composition
10.5.5 South and Central America Construction Glass Market Forecasts and Analysis - By Application
10.5.6 South and Central America Construction Glass Market Forecasts and Analysis - By Countries
10.5.6.1 Brazil Construction Glass Market
10.5.6.1.1 Brazil Construction Glass Market by Product Type
10.5.6.1.2 Brazil Construction Glass Market by Chemical Composition
10.5.6.1.3 Brazil Construction Glass Market by Application
10.5.6.2 Argentina Construction Glass Market
10.5.6.2.1 Argentina Construction Glass Market by Product Type
10.5.6.2.2 Argentina Construction Glass Market by Chemical Composition
10.5.6.2.3 Argentina Construction Glass Market by Application
10.5.6.3 Rest of South and Central America Construction Glass Market
10.5.6.3.1 Rest of South and Central America Construction Glass Market by Product Type
10.5.6.3.2 Rest of South and Central America Construction Glass Market by Chemical Composition
10.5.6.3.3 Rest of South and Central America Construction Glass Market by Application
11. INDUSTRY LANDSCAPE
11.1. MERGERS AND ACQUISITIONS
11.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
11.3. NEW PRODUCT LAUNCHES
11.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
12. CONSTRUCTION GLASS MARKET, KEY COMPANY PROFILES
12.1. ASAHI GLASS
12.1.1. Key Facts
12.1.2. Business Description
12.1.3. Products and Services
12.1.4. Financial Overview
12.1.5. SWOT Analysis
12.1.6. Key Developments
12.2. BENDHEIM GLASS
12.2.1. Key Facts
12.2.2. Business Description
12.2.3. Products and Services
12.2.4. Financial Overview
12.2.5. SWOT Analysis
12.2.6. Key Developments
12.3. CHINA GLASS HOLDINGS LIMITED
12.3.1. Key Facts
12.3.2. Business Description
12.3.3. Products and Services
12.3.4. Financial Overview
12.3.5. SWOT Analysis
12.3.6. Key Developments
12.4. CENTRAL GLASS CO. LTD.
12.4.1. Key Facts
12.4.2. Business Description
12.4.3. Products and Services
12.4.4. Financial Overview
12.4.5. SWOT Analysis
12.4.6. Key Developments
12.5. NIPPON SHEET GLASS CO. LTD.
12.5.1. Key Facts
12.5.2. Business Description
12.5.3. Products and Services
12.5.4. Financial Overview
12.5.5. SWOT Analysis
12.5.6. Key Developments
12.6. PPG INDUSTRIES, INC.
12.6.1. Key Facts
12.6.2. Business Description
12.6.3. Products and Services
12.6.4. Financial Overview
12.6.5. SWOT Analysis
12.6.6. Key Developments
12.7. SISECAM GROUP
12.7.1. Key Facts
12.7.2. Business Description
12.7.3. Products and Services
12.7.4. Financial Overview
12.7.5. SWOT Analysis
12.7.6. Key Developments
12.8. SAINT-GOBAIN
12.8.1. Key Facts
12.8.2. Business Description
12.8.3. Products and Services
12.8.4. Financial Overview
12.8.5. SWOT Analysis
12.8.6. Key Developments
12.9. SCHOTT AG
12.9.1. Key Facts
12.9.2. Business Description
12.9.3. Products and Services
12.9.4. Financial Overview
12.9.5. SWOT Analysis
12.9.6. Key Developments
12.10. XINYI GLASS HOLDINGS LIMITED
12.10.1. Key Facts
12.10.2. Business Description
12.10.3. Products and Services
12.10.4. Financial Overview
12.10.5. SWOT Analysis
12.10.6. Key Developments
13. APPENDIX
13.1. ABOUT THE INSIGHT PARTNERS
13.2. GLOSSARY OF TERMS
The List of Companies
- China Glass Holdings Limited
- Asahi Glass
- Saint-Gobain
- Schott AG
- Xinyi Glass Holdings Limited
- Central Glass Co. Ltd.
- PPG Industries, Inc.
- Sisecam Group
- Nippon Sheet Glass Co. LTD.
- Bendheim Glass
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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