Engine Oil Market Updates by 2031
The engine is the chief component of a vehicle, and engine oils serve to be its companion in smooth and effective working. Engine oil is used as a lubricant to avoid friction on the moving parts and to clean the sludge from the engine. Engine oils also help in neutralizing acids originating from fuels. The leading key players are striving for improvements in the quality of engine oil due to the rising demand and production of automobiles and the growing upsurge of passenger cars all around the globe.
MARKET DYNAMICS
The engine oil market is projected to grow in the forecast period keeping in mind the developments in the quality of engine oil coupled with the rising production and sales of the automobile industry. The increasing implementation of high-performance lubricants has boosted the growth of the engine oil market. However, the introduction of electric vehicles might restrict the growth of the engine oil market. On the other hand, technological advances to improve the properties of engine and engine oil are likely to showcase growth opportunities for the engine oil market during the forecast period.
MARKET SCOPE
The "Global Engine Oil Market Analysis to 2031" is a specialized and in-depth study of the chemicals and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of engine oil market with detailed market segmentation by type, additives, end-user industry, and geography. The global engine oil market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading engine oil market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global engine oil market is segmented on the basis of type, additives, and end-user industry. Based on type, the market is segmented as premium conventional oil, synthetic blend engine oil, fully synthetic engine oil, and higher mileage engine oil. On the basis of additives, the market is segmented as dispersants, anti-oxidants, pour point depressants, form inhibitors, and others. On the basis of end-use industry, the market is segmented as power generation, automotive and other transportation, heavy equipment, metallurgy and metalworking, chemical manufacturing, and other end-user industry.
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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 engine oil 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), Middle East and Africa (MEA) and South & Central America. The engine oil 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 engine oil 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 trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South & Central America after evaluating political, economic, social and technological factors affecting the engine oil market in these regions.
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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
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global engine oil 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), Middle East and Africa (MEA) and South & Central America. The engine oil 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 engine oil 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 trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South & Central America after evaluating political, economic, social and technological factors affecting the engine oil market in these regions.
MARKET PLAYERS
The reports cover key developments in the engine oil 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 the way for the expansion of business and customer base of market players. The market payers from engine oil market are anticipated to lucrative growth opportunities in the future with the rising demand for engine oil in the global market. Below mentioned is the list of few companies engaged in the engine oil market.
The report also includes the profiles of key engine oil 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 the last three years, key developments in the past five years.
- Amsoil Inc.
- Arabol Lubricants
- BP PLC
- Chevron Corporation
- China Petrochemical Corp
- ExxonMobil Corporation
- Lukoil Company
- Royal Dutch Shell
- Sinolec Lubricant Company
- Total SA
- 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
1.3.1Engine Oil Market - By Type
1.3.2Engine Oil Market - By Additives
1.3.3Engine Oil Market - By End-User Industry
1.3.4Engine Oil Market - By Region
1.3.4.1By Country
2.KEY TAKEAWAYS
3.RESEARCH METHODOLOGY
4.ENGINE OIL 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.EXPERT OPINIONS
5.ENGINE OIL 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, RESTRAINTS & EXPECTED INFLUENCE OF COVID-19 PANDEMIC
6.ENGINE OIL MARKET - GLOBAL MARKET ANALYSIS
6.1.ENGINE OIL - GLOBAL MARKET OVERVIEW
6.2.ENGINE OIL - GLOBAL MARKET AND FORECAST TO 2028
6.3.MARKET POSITIONING/MARKET SHARE
7.ENGINE OIL MARKET - REVENUE AND FORECASTS TO 2028 - TYPE
7.1.OVERVIEW
7.2.TYPE MARKET FORECASTS AND ANALYSIS
7.3.PREMIUM CONVENTIONAL OIL
7.3.1.Overview
7.3.2.Premium Conventional Oil Market Forecast and Analysis
7.4.SYNTHETIC BLEND ENGINE OIL
7.4.1.Overview
7.4.2.Synthetic Blend Engine Oil Market Forecast and Analysis
7.5.FULLY SYNTHETIC ENGINE OIL
7.5.1.Overview
7.5.2.Fully Synthetic Engine Oil Market Forecast and Analysis
7.6.HIGHER MILEAGE ENGINE OIL
7.6.1.Overview
7.6.2.Higher Mileage Engine Oil Market Forecast and Analysis
8.ENGINE OIL MARKET - REVENUE AND FORECASTS TO 2028 - ADDITIVES
8.1.OVERVIEW
8.2.ADDITIVES MARKET FORECASTS AND ANALYSIS
8.3.DISPERSANTS
8.3.1.Overview
8.3.2.Dispersants Market Forecast and Analysis
8.4.ANTI-OXIDANTS
8.4.1.Overview
8.4.2.Anti-oxidants Market Forecast and Analysis
8.5.POUR POINT DEPRESSANTS
8.5.1.Overview
8.5.2.Pour point depressants Market Forecast and Analysis
8.6.FORM INHIBITORS
8.6.1.Overview
8.6.2.Form inhibitors Market Forecast and Analysis
8.7.OTHERS
8.7.1.Overview
8.7.2.Others Market Forecast and Analysis
9.ENGINE OIL MARKET - REVENUE AND FORECASTS TO 2028 - END-USER INDUSTRY
9.1.OVERVIEW
9.2.END-USER INDUSTRY MARKET FORECASTS AND ANALYSIS
9.3.POWER GENERATION
9.3.1.Overview
9.3.2.Power Generation Market Forecast and Analysis
9.4.AUTOMOTIVE AND OTHER TRANSPORTATION
9.4.1.Overview
9.4.2.Automotive and Other Transportation Market Forecast and Analysis
9.5.HEAVY EQUIPMENT
9.5.1.Overview
9.5.2.Heavy Equipment Market Forecast and Analysis
9.6.METALLURGY AND METALWORKING
9.6.1.Overview
9.6.2.Metallurgy and Metalworking Market Forecast and Analysis
9.7.CHEMICAL MANUFACTURING
9.7.1.Overview
9.7.2.Chemical Manufacturing Market Forecast and Analysis
9.8.OTHER END-USER INDUSTRIES
9.8.1.Overview
9.8.2.Other End-user Industries Market Forecast and Analysis
10.ENGINE OIL MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
10.1.NORTH AMERICA
10.1.1North America Engine Oil Market Overview
10.1.2North America Engine Oil Market Forecasts and Analysis
10.1.3North America Engine Oil Market Forecasts and Analysis - By Type
10.1.4North America Engine Oil Market Forecasts and Analysis - By Additives
10.1.5North America Engine Oil Market Forecasts and Analysis - By End-User Industry
10.1.6North America Engine Oil Market Forecasts and Analysis - By Countries
10.1.6.1Canada Engine Oil Market
10.1.6.1.1Canada Engine Oil Market by Type
10.1.6.1.2Canada Engine Oil Market by Additives
10.1.6.1.3Canada Engine Oil Market by End-User Industry
10.1.6.2Mexico Engine Oil Market
10.1.6.2.1Mexico Engine Oil Market by Type
10.1.6.2.2Mexico Engine Oil Market by Additives
10.1.6.2.3Mexico Engine Oil Market by End-User Industry
10.1.6.3US Engine Oil Market
10.1.6.3.1US Engine Oil Market by Type
10.1.6.3.2US Engine Oil Market by Additives
10.1.6.3.3US Engine Oil Market by End-User Industry
10.2.EUROPE
10.2.1Europe Engine Oil Market Overview
10.2.2Europe Engine Oil Market Forecasts and Analysis
10.2.3Europe Engine Oil Market Forecasts and Analysis - By Type
10.2.4Europe Engine Oil Market Forecasts and Analysis - By Additives
10.2.5Europe Engine Oil Market Forecasts and Analysis - By End-User Industry
10.2.6Europe Engine Oil Market Forecasts and Analysis - By Countries
10.2.6.1Germany Engine Oil Market
10.2.6.1.1Germany Engine Oil Market by Type
10.2.6.1.2Germany Engine Oil Market by Additives
10.2.6.1.3Germany Engine Oil Market by End-User Industry
10.2.6.2France Engine Oil Market
10.2.6.2.1France Engine Oil Market by Type
10.2.6.2.2France Engine Oil Market by Additives
10.2.6.2.3France Engine Oil Market by End-User Industry
10.2.6.3Italy Engine Oil Market
10.2.6.3.1Italy Engine Oil Market by Type
10.2.6.3.2Italy Engine Oil Market by Additives
10.2.6.3.3Italy Engine Oil Market by End-User Industry
10.2.6.4United Kingdom Engine Oil Market
10.2.6.4.1United Kingdom Engine Oil Market by Type
10.2.6.4.2United Kingdom Engine Oil Market by Additives
10.2.6.4.3United Kingdom Engine Oil Market by End-User Industry
10.2.6.5Russia Engine Oil Market
10.2.6.5.1Russia Engine Oil Market by Type
10.2.6.5.2Russia Engine Oil Market by Additives
10.2.6.5.3Russia Engine Oil Market by End-User Industry
10.2.6.6Rest of Europe Engine Oil Market
10.2.6.6.1Rest of Europe Engine Oil Market by Type
10.2.6.6.2Rest of Europe Engine Oil Market by Additives
10.2.6.6.3Rest of Europe Engine Oil Market by End-User Industry
10.3.ASIA-PACIFIC
10.3.1Asia-Pacific Engine Oil Market Overview
10.3.2Asia-Pacific Engine Oil Market Forecasts and Analysis
10.3.3Asia-Pacific Engine Oil Market Forecasts and Analysis - By Type
10.3.4Asia-Pacific Engine Oil Market Forecasts and Analysis - By Additives
10.3.5Asia-Pacific Engine Oil Market Forecasts and Analysis - By End-User Industry
10.3.6Asia-Pacific Engine Oil Market Forecasts and Analysis - By Countries
10.3.6.1Australia Engine Oil Market
10.3.6.1.1Australia Engine Oil Market by Type
10.3.6.1.2Australia Engine Oil Market by Additives
10.3.6.1.3Australia Engine Oil Market by End-User Industry
10.3.6.2China Engine Oil Market
10.3.6.2.1China Engine Oil Market by Type
10.3.6.2.2China Engine Oil Market by Additives
10.3.6.2.3China Engine Oil Market by End-User Industry
10.3.6.3India Engine Oil Market
10.3.6.3.1India Engine Oil Market by Type
10.3.6.3.2India Engine Oil Market by Additives
10.3.6.3.3India Engine Oil Market by End-User Industry
10.3.6.4Japan Engine Oil Market
10.3.6.4.1Japan Engine Oil Market by Type
10.3.6.4.2Japan Engine Oil Market by Additives
10.3.6.4.3Japan Engine Oil Market by End-User Industry
10.3.6.5South Korea Engine Oil Market
10.3.6.5.1South Korea Engine Oil Market by Type
10.3.6.5.2South Korea Engine Oil Market by Additives
10.3.6.5.3South Korea Engine Oil Market by End-User Industry
10.3.6.6Rest of Asia-Pacific Engine Oil Market
10.3.6.6.1Rest of Asia-Pacific Engine Oil Market by Type
10.3.6.6.2Rest of Asia-Pacific Engine Oil Market by Additives
10.3.6.6.3Rest of Asia-Pacific Engine Oil Market by End-User Industry
10.4.MIDDLE EAST AND AFRICA
10.4.1Middle East and Africa Engine Oil Market Overview
10.4.2Middle East and Africa Engine Oil Market Forecasts and Analysis
10.4.3Middle East and Africa Engine Oil Market Forecasts and Analysis - By Type
10.4.4Middle East and Africa Engine Oil Market Forecasts and Analysis - By Additives
10.4.5Middle East and Africa Engine Oil Market Forecasts and Analysis - By End-User Industry
10.4.6Middle East and Africa Engine Oil Market Forecasts and Analysis - By Countries
10.4.6.1South Africa Engine Oil Market
10.4.6.1.1South Africa Engine Oil Market by Type
10.4.6.1.2South Africa Engine Oil Market by Additives
10.4.6.1.3South Africa Engine Oil Market by End-User Industry
10.4.6.2Saudi Arabia Engine Oil Market
10.4.6.2.1Saudi Arabia Engine Oil Market by Type
10.4.6.2.2Saudi Arabia Engine Oil Market by Additives
10.4.6.2.3Saudi Arabia Engine Oil Market by End-User Industry
10.4.6.3U.A.E Engine Oil Market
10.4.6.3.1U.A.E Engine Oil Market by Type
10.4.6.3.2U.A.E Engine Oil Market by Additives
10.4.6.3.3U.A.E Engine Oil Market by End-User Industry
10.4.6.4Rest of Middle East and Africa Engine Oil Market
10.4.6.4.1Rest of Middle East and Africa Engine Oil Market by Type
10.4.6.4.2Rest of Middle East and Africa Engine Oil Market by Additives
10.4.6.4.3Rest of Middle East and Africa Engine Oil Market by End-User Industry
10.5.SOUTH AND CENTRAL AMERICA
10.5.1South and Central America Engine Oil Market Overview
10.5.2South and Central America Engine Oil Market Forecasts and Analysis
10.5.3South and Central America Engine Oil Market Forecasts and Analysis - By Type
10.5.4South and Central America Engine Oil Market Forecasts and Analysis - By Additives
10.5.5South and Central America Engine Oil Market Forecasts and Analysis - By End-User Industry
10.5.6South and Central America Engine Oil Market Forecasts and Analysis - By Countries
10.5.6.1Brazil Engine Oil Market
10.5.6.1.1Brazil Engine Oil Market by Type
10.5.6.1.2Brazil Engine Oil Market by Additives
10.5.6.1.3Brazil Engine Oil Market by End-User Industry
10.5.6.2Argentina Engine Oil Market
10.5.6.2.1Argentina Engine Oil Market by Type
10.5.6.2.2Argentina Engine Oil Market by Additives
10.5.6.2.3Argentina Engine Oil Market by End-User Industry
10.5.6.3Rest of South and Central America Engine Oil Market
10.5.6.3.1Rest of South and Central America Engine Oil Market by Type
10.5.6.3.2Rest of South and Central America Engine Oil Market by Additives
10.5.6.3.3Rest of South and Central America Engine Oil Market by End-User Industry
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.ENGINE OIL MARKET, KEY COMPANY PROFILES
12.1.AMSOIL INC.
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.ARABOL LUBRICANTS
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.BP PLC
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.CHEVRON CORPORATION
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.CHINA PETROCHEMICAL CORP
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.EXXONMOBIL CORPORATION
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.LUKOIL COMPANY
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.ROYAL DUTCH SHELL
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.SINOLEC LUBRICANT COMPANY
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.TOTAL SA
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
1. Amsoil Inc.2. Arabol Lubricants3. BP PLC4. Chevron Corporation5. China Petrochemical Corp6. ExxonMobil Corporation7. Lukoil Company8. Royal Dutch Shell9. Sinolec Lubricant Company10. Total SA
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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