Crude Oil Refinery Maintenance Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis
The regular oil and gas refinery maintenance services have risen in significance in countries to maintain an optimal function of refinery plants. The oil and gas refinery is an asset-intensive infrastructure, propelling the need for scheduled maintenance of the entire lifecycle of asset. The crude oil refinery maintenance market is primarily attributed to surge in demand for refined fuel. The oil and gas refinery maintenance services market has seen the growing popularity of reliability centered management strategies in enterprises asset management (EAM) systems.
MARKET SCOPE
The "Global Crude Oil Refinery Maintenance Market Analysis to 2028" is a specialized and in-depth study of the oil & gas industry with a special focus on the global market trend analysis. The report aims to provide an overview of the crude oil refinery maintenance market with detailed market segmentation by type, type of maintenance and geography. The report provides key statistics on the market status of the leading crude oil refinery maintenance market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
- On the basis of type the market is segmented into turnaround and maintenance and repair
- On the basis of type of maintenance, the market is segmented as planned and unplanned
MARKET DYNAMICS
Drivers:
- -
o Growing Demand for Refined Fuel
o Increasing Number of Aging Refineries
- -
o Fluctuations in crude oil prices
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 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America (SAM). The crude oil refinery maintenance 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 PEST analysis for all five region, evaluating political, economic, social and technological factors affecting the crude oil refinery maintenance market in these regions.
IMPACT OF COVID-19 ON CRUDE OIL REFINERY MAINTENANCE MARKET
The emergence of the COVID-19 has severely impacted the oil & gas industries, which resulted decline in the crude oil refinery maintenance market in the year 2020. The pandemic severely impacted the oil & gas industry in countries such as US and China. In addition, governments across the world were compelled to reduce the business activities in response to minimize the threat of coronavirus. Owing the decline in the business activities has further negatively impacted the market dynamics for in the short term. The unavailability of raw material and disruption of supply chain due to the pandemic has affects the market prospects. Furthermore, project delays and cancellation of orders has affected the key market. Hence, from 2021, the ease in restriction and increase in demand for oil & gas products have fueled the market growth over the projected period. The growing demand for refined fuel in pandemic recovery period is propelling the market growth.
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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 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America (SAM). The crude oil refinery maintenance 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 PEST analysis for all five region, evaluating political, economic, social and technological factors affecting the crude oil refinery maintenance market in these regions.
IMPACT OF COVID-19 ON CRUDE OIL REFINERY MAINTENANCE MARKET
The emergence of the COVID-19 has severely impacted the oil & gas industries, which resulted decline in the crude oil refinery maintenance market in the year 2020. The pandemic severely impacted the oil & gas industry in countries such as US and China. In addition, governments across the world were compelled to reduce the business activities in response to minimize the threat of coronavirus. Owing the decline in the business activities has further negatively impacted the market dynamics for in the short term. The unavailability of raw material and disruption of supply chain due to the pandemic has affects the market prospects. Furthermore, project delays and cancellation of orders has affected the key market. Hence, from 2021, the ease in restriction and increase in demand for oil & gas products have fueled the market growth over the projected period. The growing demand for refined fuel in pandemic recovery period is propelling the market growth.
MARKET PLAYERS
The report covers key developments in the crude oil refinery maintenance market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as advancement in products, reallocation of resources 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 players in the crude oil refinery maintenance market are anticipated to provide lucrative growth opportunities in the future owing to rise in demand for oil & gas across various industrial applications.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the crude oil refinery maintenance 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.
- Aegion Corporation
- APTIM
- Chiyoda Corporation
- Lewis Rice LLC
- Envent Corporation
- Intertek Group plc
- JGC HOLDINGS CORPORATION
- Matrix NAC
- Motiva Enterprises LLC
- Exxon Mobil Corporation
- 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 Crude Oil Refinery Maintenance Market - By Type
1.3.2 Crude Oil Refinery Maintenance Market - By Type of Maintenance
1.3.3 Crude Oil Refinery Maintenance Market - By Region
1.3.3.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. CRUDE OIL REFINERY MAINTENANCE MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PEST ANALYSIS
4.2.1 North America - Pest Analysis
4.2.2 Europe - Pest Analysis
4.2.3 Asia-Pacific - Pest Analysis
4.2.4 Middle East and Africa - Pest Analysis
4.2.5 South and Central America - Pest Analysis
4.3. EXPERT OPINIONS
5. CRUDE OIL REFINERY MAINTENANCE 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. CRUDE OIL REFINERY MAINTENANCE MARKET - GLOBAL MARKET ANALYSIS
6.1. CRUDE OIL REFINERY MAINTENANCE - GLOBAL MARKET OVERVIEW
6.2. CRUDE OIL REFINERY MAINTENANCE - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING
7. CRUDE OIL REFINERY MAINTENANCE MARKET - REVENUE AND FORECASTS TO 2028 - TYPE
7.1. OVERVIEW
7.2. TYPE MARKET FORECASTS AND ANALYSIS
7.3. TURNAROUND
7.3.1. Overview
7.3.2. Turnaround Market Forecast and Analysis
7.4. MAINTENANCE AND REPAIR
7.4.1. Overview
7.4.2. Maintenance and Repair Market Forecast and Analysis
8. CRUDE OIL REFINERY MAINTENANCE MARKET - REVENUE AND FORECASTS TO 2028 - TYPE OF MAINTENANCE
8.1. OVERVIEW
8.2. TYPE OF MAINTENANCE MARKET FORECASTS AND ANALYSIS
8.3. PLANNED
8.3.1. Overview
8.3.2. Planned Market Forecast and Analysis
8.4. UNPLANNED
8.4.1. Overview
8.4.2. Unplanned Market Forecast and Analysis
9. CRUDE OIL REFINERY MAINTENANCE MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Crude Oil Refinery Maintenance Market Overview
9.1.2 North America Crude Oil Refinery Maintenance Market Forecasts and Analysis
9.1.3 North America Crude Oil Refinery Maintenance Market Forecasts and Analysis - By Type
9.1.4 North America Crude Oil Refinery Maintenance Market Forecasts and Analysis - By Type of Maintenance
9.1.5 North America Crude Oil Refinery Maintenance Market Forecasts and Analysis - By Countries
9.1.5.1 United States Crude Oil Refinery Maintenance Market
9.1.5.1.1 United States Crude Oil Refinery Maintenance Market by Type
9.1.5.1.2 United States Crude Oil Refinery Maintenance Market by Type of Maintenance
9.1.5.2 Canada Crude Oil Refinery Maintenance Market
9.1.5.2.1 Canada Crude Oil Refinery Maintenance Market by Type
9.1.5.2.2 Canada Crude Oil Refinery Maintenance Market by Type of Maintenance
9.1.5.3 Mexico Crude Oil Refinery Maintenance Market
9.1.5.3.1 Mexico Crude Oil Refinery Maintenance Market by Type
9.1.5.3.2 Mexico Crude Oil Refinery Maintenance Market by Type of Maintenance
9.2. EUROPE
9.2.1 Europe Crude Oil Refinery Maintenance Market Overview
9.2.2 Europe Crude Oil Refinery Maintenance Market Forecasts and Analysis
9.2.3 Europe Crude Oil Refinery Maintenance Market Forecasts and Analysis - By Type
9.2.4 Europe Crude Oil Refinery Maintenance Market Forecasts and Analysis - By Type of Maintenance
9.2.5 Europe Crude Oil Refinery Maintenance Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Crude Oil Refinery Maintenance Market
9.2.5.1.1 Germany Crude Oil Refinery Maintenance Market by Type
9.2.5.1.2 Germany Crude Oil Refinery Maintenance Market by Type of Maintenance
9.2.5.2 France Crude Oil Refinery Maintenance Market
9.2.5.2.1 France Crude Oil Refinery Maintenance Market by Type
9.2.5.2.2 France Crude Oil Refinery Maintenance Market by Type of Maintenance
9.2.5.3 Italy Crude Oil Refinery Maintenance Market
9.2.5.3.1 Italy Crude Oil Refinery Maintenance Market by Type
9.2.5.3.2 Italy Crude Oil Refinery Maintenance Market by Type of Maintenance
9.2.5.4 United Kingdom Crude Oil Refinery Maintenance Market
9.2.5.4.1 United Kingdom Crude Oil Refinery Maintenance Market by Type
9.2.5.4.2 United Kingdom Crude Oil Refinery Maintenance Market by Type of Maintenance
9.2.5.5 Russia Crude Oil Refinery Maintenance Market
9.2.5.5.1 Russia Crude Oil Refinery Maintenance Market by Type
9.2.5.5.2 Russia Crude Oil Refinery Maintenance Market by Type of Maintenance
9.2.5.6 Rest of Europe Crude Oil Refinery Maintenance Market
9.2.5.6.1 Rest of Europe Crude Oil Refinery Maintenance Market by Type
9.2.5.6.2 Rest of Europe Crude Oil Refinery Maintenance Market by Type of Maintenance
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Crude Oil Refinery Maintenance Market Overview
9.3.2 Asia-Pacific Crude Oil Refinery Maintenance Market Forecasts and Analysis
9.3.3 Asia-Pacific Crude Oil Refinery Maintenance Market Forecasts and Analysis - By Type
9.3.4 Asia-Pacific Crude Oil Refinery Maintenance Market Forecasts and Analysis - By Type of Maintenance
9.3.5 Asia-Pacific Crude Oil Refinery Maintenance Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Crude Oil Refinery Maintenance Market
9.3.5.1.1 Australia Crude Oil Refinery Maintenance Market by Type
9.3.5.1.2 Australia Crude Oil Refinery Maintenance Market by Type of Maintenance
9.3.5.2 China Crude Oil Refinery Maintenance Market
9.3.5.2.1 China Crude Oil Refinery Maintenance Market by Type
9.3.5.2.2 China Crude Oil Refinery Maintenance Market by Type of Maintenance
9.3.5.3 India Crude Oil Refinery Maintenance Market
9.3.5.3.1 India Crude Oil Refinery Maintenance Market by Type
9.3.5.3.2 India Crude Oil Refinery Maintenance Market by Type of Maintenance
9.3.5.4 Japan Crude Oil Refinery Maintenance Market
9.3.5.4.1 Japan Crude Oil Refinery Maintenance Market by Type
9.3.5.4.2 Japan Crude Oil Refinery Maintenance Market by Type of Maintenance
9.3.5.5 South Korea Crude Oil Refinery Maintenance Market
9.3.5.5.1 South Korea Crude Oil Refinery Maintenance Market by Type
9.3.5.5.2 South Korea Crude Oil Refinery Maintenance Market by Type of Maintenance
9.3.5.6 Rest of Asia-Pacific Crude Oil Refinery Maintenance Market
9.3.5.6.1 Rest of Asia-Pacific Crude Oil Refinery Maintenance Market by Type
9.3.5.6.2 Rest of Asia-Pacific Crude Oil Refinery Maintenance Market by Type of Maintenance
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Crude Oil Refinery Maintenance Market Overview
9.4.2 Middle East and Africa Crude Oil Refinery Maintenance Market Forecasts and Analysis
9.4.3 Middle East and Africa Crude Oil Refinery Maintenance Market Forecasts and Analysis - By Type
9.4.4 Middle East and Africa Crude Oil Refinery Maintenance Market Forecasts and Analysis - By Type of Maintenance
9.4.5 Middle East and Africa Crude Oil Refinery Maintenance Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Crude Oil Refinery Maintenance Market
9.4.5.1.1 South Africa Crude Oil Refinery Maintenance Market by Type
9.4.5.1.2 South Africa Crude Oil Refinery Maintenance Market by Type of Maintenance
9.4.5.2 Saudi Arabia Crude Oil Refinery Maintenance Market
9.4.5.2.1 Saudi Arabia Crude Oil Refinery Maintenance Market by Type
9.4.5.2.2 Saudi Arabia Crude Oil Refinery Maintenance Market by Type of Maintenance
9.4.5.3 U.A.E Crude Oil Refinery Maintenance Market
9.4.5.3.1 U.A.E Crude Oil Refinery Maintenance Market by Type
9.4.5.3.2 U.A.E Crude Oil Refinery Maintenance Market by Type of Maintenance
9.4.5.4 Rest of Middle East and Africa Crude Oil Refinery Maintenance Market
9.4.5.4.1 Rest of Middle East and Africa Crude Oil Refinery Maintenance Market by Type
9.4.5.4.2 Rest of Middle East and Africa Crude Oil Refinery Maintenance Market by Type of Maintenance
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Crude Oil Refinery Maintenance Market Overview
9.5.2 South and Central America Crude Oil Refinery Maintenance Market Forecasts and Analysis
9.5.3 South and Central America Crude Oil Refinery Maintenance Market Forecasts and Analysis - By Type
9.5.4 South and Central America Crude Oil Refinery Maintenance Market Forecasts and Analysis - By Type of Maintenance
9.5.5 South and Central America Crude Oil Refinery Maintenance Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Crude Oil Refinery Maintenance Market
9.5.5.1.1 Brazil Crude Oil Refinery Maintenance Market by Type
9.5.5.1.2 Brazil Crude Oil Refinery Maintenance Market by Type of Maintenance
9.5.5.2 Argentina Crude Oil Refinery Maintenance Market
9.5.5.2.1 Argentina Crude Oil Refinery Maintenance Market by Type
9.5.5.2.2 Argentina Crude Oil Refinery Maintenance Market by Type of Maintenance
9.5.5.3 Rest of South and Central America Crude Oil Refinery Maintenance Market
9.5.5.3.1 Rest of South and Central America Crude Oil Refinery Maintenance Market by Type
9.5.5.3.2 Rest of South and Central America Crude Oil Refinery Maintenance Market by Type of Maintenance
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. CRUDE OIL REFINERY MAINTENANCE MARKET, KEY COMPANY PROFILES
11.1. AEGION 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. APTIM
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. CHIYODA CORPORATION
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. LEWIS RICE LLC
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. ENVENT CORPORATION
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. INTERTEK GROUP PLC
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. JGC HOLDINGS CORPORATION
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. MATRIX NAC
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. MOTIVA ENTERPRISES LLC
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. EXXON MOBIL CORPORATION
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.Aegion Corporation
2.APTIM
3.Chiyoda Corporation
4.Lewis Rice LLC
5.Envent Corporation
6.Intertek Group plc
7.JGC HOLDINGS CORPORATION
8.Matrix NAC
9.Motiva Enterprises LLC
10.Exxon Mobil Corporation
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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