Electric Sub-meter Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

Coverage: Electric Sub-meter Market covers analysis By Type (Socket Type/Electromechanical Sub-meters, Non-socket /Electronic Sub-meters, Smart Sub-meters); Phase (Single Phase, Three Phase); Application (Commercial Sector, Residential Sector, Industrial Sector) , and Geography (North America, Europe, Asia Pacific, and South and Central America)

  • Report Code : TIPRE00020265
  • Category : Electronics and Semiconductor
  • No. of Pages : 150
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Electric Sub-meter Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

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MARKET INTRODUCTION

The electric-sub meter helps in recording and measuring the consumption of the electricity for the individual component of the construction instead of having an individual meter that will measure the entire consumption of the energy in the construction. Installing the electric-sub meters in the multi-tenant spaces removes the extra operational cost which in turn benefits the owner of the construction economically.

MARKET DYNAMICS

In the commercial and the industrial sectors, there is an increased importance for monitoring, reducing, controlling, and managing the proper usage of the electricity. The increasing requirement for the regularity and compliance of the electricity management and the growing focus on categorizing the indicators for the efficient usage of the electricity are the major factors that are driving the electric sub-meter market. Other factors that are contributing to the growth of the market are the implementations that are made by the government about the installations of the sub-meter in the new construction works and the advancements that are made in the technologies such as internet of things in order to renovate the conventional energy infrastructure.

MARKET SCOPE

The "Global Electric Sub Meter Market Analysis to 2028" is a specialized and in-depth study of the electric sub meter market with a special focus on the global market trend analysis. The report aims to provide an overview of electric sub meter market with detailed market segmentation by type, phase, application. The global electric sub meter market expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading electric sub meter market player and offers key trends and opportunities in the electric sub meter market.

MARKET SEGMENTATION

The global electric sub meter market is segmented on the basis of type, phase, application. On the basis of type, market is segmented as socket type/electromechanical sub-meters, non-socket /electronic sub-meters, smart sub-meters. On the basis of phase, market is segmented as single phase, three phase. On the basis of application, market is segmented as commercial sector, residential sector, industrial sector.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global electric sub meter market based on various segments. It also provides market size and forecast estimates from year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The electric sub meter market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.

The report analyzes factors affecting electric sub meter market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the electric sub meter market in these regions.

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MARKET PLAYERS


The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global electric sub meter market based on various segments. It also provides market size and forecast estimates from year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The electric sub meter market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.

The report analyzes factors affecting electric sub meter market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the electric sub meter market in these regions.

MARKET PLAYERS

The reports cover key developments in the electric sub meter market 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 expansion of business and customer base of market players. The market players from electric sub meter market are anticipated to lucrative growth opportunities in the future with the rising demand for electric sub meter market. Below mentioned is the list of few companies engaged in the electric sub meter market.

The report also includes the profiles of key electric sub meter market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.

  •   Siemens AG
  •   Elster Group
  •   Leviton
  •   Nuri Telecom
  •   Honeywell International
  •   Schneider Electric
  •   Zhejiang CHINT Instrument Co. Ltd.
  •   GE Digital Energy
  •   Kamstrup
  •   Studebaker Submetering Inc.


The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.
  • 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
Report Coverage

Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends

Segment Covered
Segment Covered

This text is related
to segments covered.

Regional Scope
Regional Scope

North America, Europe, Asia Pacific, Middle East & Africa, South & Central America

Country Scope
Country Scope

This text is related
to country scope.

TABLE OF CONTENTS

1.INTRODUCTION
1.1.SCOPE OF THE STUDY
1.2.THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3.MARKET SEGMENTATION
1.3.1Electric Sub-meter Market - By Type
1.3.2Electric Sub-meter Market - By Phase
1.3.3Electric Sub-meter Market - By Application
1.3.4Electric Sub-meter Market - By Region
1.3.4.1By Country

2.KEY TAKEAWAYS

3.RESEARCH METHODOLOGY

4.ELECTRIC SUB-METER MARKET LANDSCAPE
4.1.OVERVIEW
4.2.PEST ANALYSIS
4.2.1North America - Pest Analysis
4.2.2Europe - Pest Analysis
4.2.3Asia-Pacific - Pest Analysis
4.2.4Middle East and Africa - Pest Analysis
4.2.5South and Central America - Pest Analysis
4.3.ECOSYSTEM ANALYSIS
4.4.EXPERT OPINIONS

5.ELECTRIC SUB-METER 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.ELECTRIC SUB-METER MARKET - GLOBAL MARKET ANALYSIS
6.1.ELECTRIC SUB-METER - GLOBAL MARKET OVERVIEW
6.2.ELECTRIC SUB-METER - GLOBAL MARKET AND FORECAST TO 2028
6.3.MARKET POSITIONING/MARKET SHARE

7.ELECTRIC SUB-METER MARKET - REVENUE AND FORECASTS TO 2028 â" TYPE
7.1.OVERVIEW
7.2.TYPE MARKET FORECASTS AND ANALYSIS
7.3.SOCKET TYPE/ELECTROMECHANICAL SUB-METERS
7.3.1.Overview
7.3.2.Socket Type/Electromechanical Sub-meters Market Forecast and Analysis
7.4.NON-SOCKET /ELECTRONIC SUB-METERS
7.4.1.Overview
7.4.2.Non-socket /Electronic Sub-meters Market Forecast and Analysis
7.5.SMART SUB-METERS
7.5.1.Overview
7.5.2.Smart Sub-meters Market Forecast and Analysis
8.ELECTRIC SUB-METER MARKET - REVENUE AND FORECASTS TO 2028 â" PHASE
8.1.OVERVIEW
8.2.PHASE MARKET FORECASTS AND ANALYSIS
8.3.SINGLE PHASE
8.3.1.Overview
8.3.2.Single Phase Market Forecast and Analysis
8.4.THREE PHASE
8.4.1.Overview
8.4.2.Three Phase Market Forecast and Analysis
9.ELECTRIC SUB-METER MARKET - REVENUE AND FORECASTS TO 2028 â" APPLICATION
9.1.OVERVIEW
9.2.APPLICATION MARKET FORECASTS AND ANALYSIS
9.3.COMMERCIAL SECTOR
9.3.1.Overview
9.3.2.Commercial Sector Market Forecast and Analysis
9.4.RESIDENTIAL SECTOR
9.4.1.Overview
9.4.2.Residential Sector Market Forecast and Analysis
9.5.INDUSTRIAL SECTOR
9.5.1.Overview
9.5.2.Industrial Sector Market Forecast and Analysis

10.ELECTRIC SUB-METER MARKET REVENUE AND FORECASTS TO 2028 â" GEOGRAPHICAL ANALYSIS
10.1.NORTH AMERICA
10.1.1North America Electric Sub-meter Market Overview
10.1.2North America Electric Sub-meter Market Forecasts and Analysis
10.1.3North America Electric Sub-meter Market Forecasts and Analysis - By Type
10.1.4North America Electric Sub-meter Market Forecasts and Analysis - By Phase
10.1.5North America Electric Sub-meter Market Forecasts and Analysis - By Application
10.1.6North America Electric Sub-meter Market Forecasts and Analysis - By Countries
10.1.6.1United States Electric Sub-meter Market
10.1.6.1.1United States Electric Sub-meter Market by Type
10.1.6.1.2United States Electric Sub-meter Market by Phase
10.1.6.1.3United States Electric Sub-meter Market by Application
10.1.6.2Canada Electric Sub-meter Market
10.1.6.2.1Canada Electric Sub-meter Market by Type
10.1.6.2.2Canada Electric Sub-meter Market by Phase
10.1.6.2.3Canada Electric Sub-meter Market by Application
10.1.6.3Mexico Electric Sub-meter Market
10.1.6.3.1Mexico Electric Sub-meter Market by Type
10.1.6.3.2Mexico Electric Sub-meter Market by Phase
10.1.6.3.3Mexico Electric Sub-meter Market by Application
10.2.EUROPE
10.2.1Europe Electric Sub-meter Market Overview
10.2.2Europe Electric Sub-meter Market Forecasts and Analysis
10.2.3Europe Electric Sub-meter Market Forecasts and Analysis - By Type
10.2.4Europe Electric Sub-meter Market Forecasts and Analysis - By Phase
10.2.5Europe Electric Sub-meter Market Forecasts and Analysis - By Application
10.2.6Europe Electric Sub-meter Market Forecasts and Analysis - By Countries
10.2.6.1Germany Electric Sub-meter Market
10.2.6.1.1Germany Electric Sub-meter Market by Type
10.2.6.1.2Germany Electric Sub-meter Market by Phase
10.2.6.1.3Germany Electric Sub-meter Market by Application
10.2.6.2France Electric Sub-meter Market
10.2.6.2.1France Electric Sub-meter Market by Type
10.2.6.2.2France Electric Sub-meter Market by Phase
10.2.6.2.3France Electric Sub-meter Market by Application
10.2.6.3Italy Electric Sub-meter Market
10.2.6.3.1Italy Electric Sub-meter Market by Type
10.2.6.3.2Italy Electric Sub-meter Market by Phase
10.2.6.3.3Italy Electric Sub-meter Market by Application
10.2.6.4United Kingdom Electric Sub-meter Market
10.2.6.4.1United Kingdom Electric Sub-meter Market by Type
10.2.6.4.2United Kingdom Electric Sub-meter Market by Phase
10.2.6.4.3United Kingdom Electric Sub-meter Market by Application
10.2.6.5Russia Electric Sub-meter Market
10.2.6.5.1Russia Electric Sub-meter Market by Type
10.2.6.5.2Russia Electric Sub-meter Market by Phase
10.2.6.5.3Russia Electric Sub-meter Market by Application
10.2.6.6Rest of Europe Electric Sub-meter Market
10.2.6.6.1Rest of Europe Electric Sub-meter Market by Type
10.2.6.6.2Rest of Europe Electric Sub-meter Market by Phase
10.2.6.6.3Rest of Europe Electric Sub-meter Market by Application
10.3.ASIA-PACIFIC
10.3.1Asia-Pacific Electric Sub-meter Market Overview
10.3.2Asia-Pacific Electric Sub-meter Market Forecasts and Analysis
10.3.3Asia-Pacific Electric Sub-meter Market Forecasts and Analysis - By Type
10.3.4Asia-Pacific Electric Sub-meter Market Forecasts and Analysis - By Phase
10.3.5Asia-Pacific Electric Sub-meter Market Forecasts and Analysis - By Application
10.3.6Asia-Pacific Electric Sub-meter Market Forecasts and Analysis - By Countries
10.3.6.1Australia Electric Sub-meter Market
10.3.6.1.1Australia Electric Sub-meter Market by Type
10.3.6.1.2Australia Electric Sub-meter Market by Phase
10.3.6.1.3Australia Electric Sub-meter Market by Application
10.3.6.2China Electric Sub-meter Market
10.3.6.2.1China Electric Sub-meter Market by Type
10.3.6.2.2China Electric Sub-meter Market by Phase
10.3.6.2.3China Electric Sub-meter Market by Application
10.3.6.3India Electric Sub-meter Market
10.3.6.3.1India Electric Sub-meter Market by Type
10.3.6.3.2India Electric Sub-meter Market by Phase
10.3.6.3.3India Electric Sub-meter Market by Application
10.3.6.4Japan Electric Sub-meter Market
10.3.6.4.1Japan Electric Sub-meter Market by Type
10.3.6.4.2Japan Electric Sub-meter Market by Phase
10.3.6.4.3Japan Electric Sub-meter Market by Application
10.3.6.5South Korea Electric Sub-meter Market
10.3.6.5.1South Korea Electric Sub-meter Market by Type
10.3.6.5.2South Korea Electric Sub-meter Market by Phase
10.3.6.5.3South Korea Electric Sub-meter Market by Application
10.3.6.6Rest of Asia-Pacific Electric Sub-meter Market
10.3.6.6.1Rest of Asia-Pacific Electric Sub-meter Market by Type
10.3.6.6.2Rest of Asia-Pacific Electric Sub-meter Market by Phase
10.3.6.6.3Rest of Asia-Pacific Electric Sub-meter Market by Application
10.4.MIDDLE EAST AND AFRICA
10.4.1Middle East and Africa Electric Sub-meter Market Overview
10.4.2Middle East and Africa Electric Sub-meter Market Forecasts and Analysis
10.4.3Middle East and Africa Electric Sub-meter Market Forecasts and Analysis - By Type
10.4.4Middle East and Africa Electric Sub-meter Market Forecasts and Analysis - By Phase
10.4.5Middle East and Africa Electric Sub-meter Market Forecasts and Analysis - By Application
10.4.6Middle East and Africa Electric Sub-meter Market Forecasts and Analysis - By Countries
10.4.6.1South Africa Electric Sub-meter Market
10.4.6.1.1South Africa Electric Sub-meter Market by Type
10.4.6.1.2South Africa Electric Sub-meter Market by Phase
10.4.6.1.3South Africa Electric Sub-meter Market by Application
10.4.6.2Saudi Arabia Electric Sub-meter Market
10.4.6.2.1Saudi Arabia Electric Sub-meter Market by Type
10.4.6.2.2Saudi Arabia Electric Sub-meter Market by Phase
10.4.6.2.3Saudi Arabia Electric Sub-meter Market by Application
10.4.6.3U.A.E Electric Sub-meter Market
10.4.6.3.1U.A.E Electric Sub-meter Market by Type
10.4.6.3.2U.A.E Electric Sub-meter Market by Phase
10.4.6.3.3U.A.E Electric Sub-meter Market by Application
10.4.6.4Rest of Middle East and Africa Electric Sub-meter Market
10.4.6.4.1Rest of Middle East and Africa Electric Sub-meter Market by Type
10.4.6.4.2Rest of Middle East and Africa Electric Sub-meter Market by Phase
10.4.6.4.3Rest of Middle East and Africa Electric Sub-meter Market by Application
10.5.SOUTH AND CENTRAL AMERICA
10.5.1South and Central America Electric Sub-meter Market Overview
10.5.2South and Central America Electric Sub-meter Market Forecasts and Analysis
10.5.3South and Central America Electric Sub-meter Market Forecasts and Analysis - By Type
10.5.4South and Central America Electric Sub-meter Market Forecasts and Analysis - By Phase
10.5.5South and Central America Electric Sub-meter Market Forecasts and Analysis - By Application
10.5.6South and Central America Electric Sub-meter Market Forecasts and Analysis - By Countries
10.5.6.1Brazil Electric Sub-meter Market
10.5.6.1.1Brazil Electric Sub-meter Market by Type
10.5.6.1.2Brazil Electric Sub-meter Market by Phase
10.5.6.1.3Brazil Electric Sub-meter Market by Application
10.5.6.2Argentina Electric Sub-meter Market
10.5.6.2.1Argentina Electric Sub-meter Market by Type
10.5.6.2.2Argentina Electric Sub-meter Market by Phase
10.5.6.2.3Argentina Electric Sub-meter Market by Application
10.5.6.3Rest of South and Central America Electric Sub-meter Market
10.5.6.3.1Rest of South and Central America Electric Sub-meter Market by Type
10.5.6.3.2Rest of South and Central America Electric Sub-meter Market by Phase
10.5.6.3.3Rest of South and Central America Electric Sub-meter 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.ELECTRIC SUB-METER MARKET, KEY COMPANY PROFILES
12.1.SIEMENS AG
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.ELSTER GROUP
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.LEVITON
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.NURI TELECOM
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.HONEYWELL INTERNATIONAL
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.SCHNEIDER ELECTRIC
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.ZHEJIANG CHINT INSTRUMENT CO. LTD.
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.GE DIGITAL ENERGY
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.KAMSTRUP
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.STUDEBAKER SUBMETERING INC.
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

1. Siemens AG
2. Elster Group
3. Leviton
4. Nuri Telecom
5. Honeywell International
6. Schneider Electric
7. Zhejiang CHINT Instrument Co. Ltd.
8. GE Digital Energy
9. Kamstrup
10. Studebaker Submetering Inc.

The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.

  1. 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.

  1. 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:

Research Methodology

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.

  1. 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.

  1. 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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