Flatbed Semi-Trailer Market Scope and Size by 2031
The Flatbed Semi-Trailer Market is expected to register a CAGR of 5.5% from 2023 to 2031, with a market size expanding from US$ XX million in 2023 to US$ XX Million by 2031.
Flatbed Semi-Trailer Market covers analysis By Tonnage (Below 25 Ton, 26 to 50 Ton, 51 to 100 Ton, Above 100 Ton); Number of Axles (Less than 3 Axles, 3 or 4 Axles, More than 4 Axles, Others)
Purpose of the ReportThe report Flatbed Semi-Trailer 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.
Flatbed Semi-Trailer Market Segmentation
By Tonnage- Below 25 Ton
- 26 to 50 Ton
- 51 to 100 Ton
- Above 100 Ton;
- Less than 3 Axles
- 3 or 4 Axles
- More than 4 Axles
- Others
Strategic Insights
Flatbed Semi-Trailer Market Growth Drivers- Rising Logistics and Transport Industry: The logistics and transport industry is on a fantastic growth trajectory, and amongst its best drivers is the flat bed semi-trailer market. With the surge of e-commerce and international trade, more and more emphasis lies on strong, efficient transportation solutions; hence, the demand continues to grow for flat bed trailers for heavy and large loads.Continuously increasing freight transport demand because of globalization and increased trade activities is a major growth driver for the flatbed semi-trailer market.
- Growing Infrastructural Development: Upgrades in road and traffic infrastructures aid in the easy transportation of goods, hence causing an increase in demand for flat bed semi-trailers. This enhances the movement speed by means of good roads as well as highways, resulting in the high preference of flat bed trailers by many logistic companies.construction sectors are booming, and with the expansion in infrastructure projects, there is an enormous demand for flatbed trailers to transport heavy equipment and materials.
- Government Initiatives in Logistics Sector: Government rules and regulations and incentives given towards more efficient transportation logistics and the development of infrastructure are fostering the growth of the market for flatbed semi-trailers. The growing government focus on developing the logistics and transportation sector with financial aids and supportive policies are acting as a major driver for the market.
- Rising Demand for Environmentally Sustainable and Eco-friendly Trailers: Growing demand for environmentally sustainable and eco-friendly trailers is driving the market trend. The manufacturers are gradually focusing on those flat bed semi-trailers that can absorb less towards the environment, responding to that bigger change in the industry.Adoption of lightweight materials for trailers increases the scope of manufacturers to achieve better fuel efficiency and a higher payload, thereby making their product even more attractive.
- Growing Adoption of Advanced Technologies: The market is experiencing the integration of advanced technologies such as telematics and digitalization. These add to the management and efficiency in the fleet, thereby making it a good proposition for flat bed semi-trailer owners to be listed with fleet operators. The rising integration of advanced technologies to make more convenient operations with the usage of advanced flatbed semi-trailer market is a major trend in the market.
- Customized and Specialized trailers: The company has a chance through customized and specialized flatbed trailers for construction and agriculture industries. Such could help meet the specific needs of such sectors, thereby enhancing the competitiveness of the market and customer satisfaction. The rising demand for customized trailers for specific requirement is also having a positive impact on the market. Companies are focusing on fabricating customized trailers for customers by integrating advancned technologies and features to meet their particular requirements.
- Development in the Emerging Markets: There is a significant growth opportunity for flat bed semi-trailers in emerging markets such as India, Mexico, Brazil China where industrialization and infrastructure growth are being scaled up. Given the development of logistics capabilities in these regions, there is expected to be strong usage of flat bed semi-trailers. As developing regions are rapidly industrializing, there is an opportunity for companies to cater the growing transportation demand.
Market Report Scope
Key Selling Points
- Comprehensive Coverage: The report comprehensively covers the analysis of products, services, types, and end users of the Flatbed Semi-Trailer 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 Flatbed Semi-Trailer 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 Flatbed Semi-Trailer Market is estimated to witness a CAGR of 5.5% from 2023 to 2031
The major factors driving the Flatbed Semi-Trailer Market are: Rising Logistics and Transport Industry At Rapid Pace Drives the Market Growth.
The high capital requirements to manufacture the flatbed semi-trailer hinders the market growth.
The major players in the market includes Utility Trailer, Wabash, Schmitz Cargobull, Kogel Trailer GmbH & Co.KG, Krone Commercial Vehicle Group, Great Dane Trailers, Fahrzeugwerk Bernard Krone, Fontaine Commercial Trailer, Inc, Lamberet SAS, China International Marine Containers (Group) Ltd, Hyundai Translead, Polar Tank Trailer, LLC.
The report can be delivered in PDF/PPT format; we can also share excel dataset based on the request.
Some of the customization options available based on the request are an additional 3–5 company profiles and country-specific analysis of 3–5 countries of your choice. Customizations are to be requested/discussed before making final order confirmation, as our team would review the same and check the feasibility.
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Flatbed Semi-Trailer Market - By Tonnage
1.3.2 Flatbed Semi-Trailer Market - By Number of Axles
1.3.3 Flatbed Semi-Trailer Market - By Region
1.3.3.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. FLATBED SEMI-TRAILER MARKET LANDSCAPE
4.1. OVERVIEW4.2. 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. ECOSYSTEM ANALYSIS
4.4. EXPERT OPINIONS
5. FLATBED SEMI-TRAILER 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. FLATBED SEMI-TRAILER MARKET - GLOBAL MARKET ANALYSIS
6.1. FLATBED SEMI-TRAILER - GLOBAL MARKET OVERVIEW
6.2. FLATBED SEMI-TRAILER - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. FLATBED SEMI-TRAILER MARKET - REVENUE AND FORECASTS TO 2028 - TONNAGE
7.1. OVERVIEW
7.2. TONNAGE MARKET FORECASTS AND ANALYSIS
7.3. BELOW 25 TON
7.3.1. Overview
7.3.2. Below 25 Ton Market Forecast and Analysis
7.4. 26 TO 50 TON
7.4.1. Overview
7.4.2. 26 to 50 Ton Market Forecast and Analysis
7.5. 51 TO 100 TON
7.5.1. Overview
7.5.2. 51 to 100 Ton Market Forecast and Analysis
7.6. ABOVE 100 TON
7.6.1. Overview
7.6.2. Above 100 Ton Market Forecast and Analysis
8. FLATBED SEMI-TRAILER MARKET - REVENUE AND FORECASTS TO 2028 - NUMBER OF AXLES
8.1. OVERVIEW
8.2. NUMBER OF AXLES MARKET FORECASTS AND ANALYSIS
8.3. LESS THAN 3 AXLES
8.3.1. Overview
8.3.2. Less than 3 Axles Market Forecast and Analysis
8.4. 3 OR 4 AXLES
8.4.1. Overview
8.4.2. 3 or 4 Axles Market Forecast and Analysis
8.5. MORE THAN 4 AXLES
8.5.1. Overview
8.5.2. More than 4 Axles Market Forecast and Analysis
8.6. OTHERS
8.6.1. Overview
8.6.2. Others Market Forecast and Analysis
9. FLATBED SEMI-TRAILER MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Flatbed Semi-Trailer Market Overview
9.1.2 North America Flatbed Semi-Trailer Market Forecasts and Analysis
9.1.3 North America Flatbed Semi-Trailer Market Forecasts and Analysis - By Tonnage
9.1.4 North America Flatbed Semi-Trailer Market Forecasts and Analysis - By Number of Axles
9.1.5 North America Flatbed Semi-Trailer Market Forecasts and Analysis - By Countries
9.1.5.1 United States Flatbed Semi-Trailer Market
9.1.5.1.1 United States Flatbed Semi-Trailer Market by Tonnage
9.1.5.1.2 United States Flatbed Semi-Trailer Market by Number of Axles
9.1.5.2 Canada Flatbed Semi-Trailer Market
9.1.5.2.1 Canada Flatbed Semi-Trailer Market by Tonnage
9.1.5.2.2 Canada Flatbed Semi-Trailer Market by Number of Axles
9.1.5.3 Mexico Flatbed Semi-Trailer Market
9.1.5.3.1 Mexico Flatbed Semi-Trailer Market by Tonnage
9.1.5.3.2 Mexico Flatbed Semi-Trailer Market by Number of Axles
9.2. EUROPE
9.2.1 Europe Flatbed Semi-Trailer Market Overview
9.2.2 Europe Flatbed Semi-Trailer Market Forecasts and Analysis
9.2.3 Europe Flatbed Semi-Trailer Market Forecasts and Analysis - By Tonnage
9.2.4 Europe Flatbed Semi-Trailer Market Forecasts and Analysis - By Number of Axles
9.2.5 Europe Flatbed Semi-Trailer Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Flatbed Semi-Trailer Market
9.2.5.1.1 Germany Flatbed Semi-Trailer Market by Tonnage
9.2.5.1.2 Germany Flatbed Semi-Trailer Market by Number of Axles
9.2.5.2 France Flatbed Semi-Trailer Market
9.2.5.2.1 France Flatbed Semi-Trailer Market by Tonnage
9.2.5.2.2 France Flatbed Semi-Trailer Market by Number of Axles
9.2.5.3 Italy Flatbed Semi-Trailer Market
9.2.5.3.1 Italy Flatbed Semi-Trailer Market by Tonnage
9.2.5.3.2 Italy Flatbed Semi-Trailer Market by Number of Axles
9.2.5.4 United Kingdom Flatbed Semi-Trailer Market
9.2.5.4.1 United Kingdom Flatbed Semi-Trailer Market by Tonnage
9.2.5.4.2 United Kingdom Flatbed Semi-Trailer Market by Number of Axles
9.2.5.5 Rest of Europe Flatbed Semi-Trailer Market
9.2.5.5.1 Rest of Europe Flatbed Semi-Trailer Market by Tonnage
9.2.5.5.2 Rest of Europe Flatbed Semi-Trailer Market by Number of Axles
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Flatbed Semi-Trailer Market Overview
9.3.2 Asia-Pacific Flatbed Semi-Trailer Market Forecasts and Analysis
9.3.3 Asia-Pacific Flatbed Semi-Trailer Market Forecasts and Analysis - By Tonnage
9.3.4 Asia-Pacific Flatbed Semi-Trailer Market Forecasts and Analysis - By Number of Axles
9.3.5 Asia-Pacific Flatbed Semi-Trailer Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Flatbed Semi-Trailer Market
9.3.5.1.1 Australia Flatbed Semi-Trailer Market by Tonnage
9.3.5.1.2 Australia Flatbed Semi-Trailer Market by Number of Axles
9.3.5.2 China Flatbed Semi-Trailer Market
9.3.5.2.1 China Flatbed Semi-Trailer Market by Tonnage
9.3.5.2.2 China Flatbed Semi-Trailer Market by Number of Axles
9.3.5.3 India Flatbed Semi-Trailer Market
9.3.5.3.1 India Flatbed Semi-Trailer Market by Tonnage
9.3.5.3.2 India Flatbed Semi-Trailer Market by Number of Axles
9.3.5.4 Japan Flatbed Semi-Trailer Market
9.3.5.4.1 Japan Flatbed Semi-Trailer Market by Tonnage
9.3.5.4.2 Japan Flatbed Semi-Trailer Market by Number of Axles
9.3.5.5 South Korea Flatbed Semi-Trailer Market
9.3.5.5.1 South Korea Flatbed Semi-Trailer Market by Tonnage
9.3.5.5.2 South Korea Flatbed Semi-Trailer Market by Number of Axles
9.3.5.6 Rest of Asia-Pacific Flatbed Semi-Trailer Market
9.3.5.6.1 Rest of Asia-Pacific Flatbed Semi-Trailer Market by Tonnage
9.3.5.6.2 Rest of Asia-Pacific Flatbed Semi-Trailer Market by Number of Axles
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Flatbed Semi-Trailer Market Overview
9.4.2 Middle East and Africa Flatbed Semi-Trailer Market Forecasts and Analysis
9.4.3 Middle East and Africa Flatbed Semi-Trailer Market Forecasts and Analysis - By Tonnage
9.4.4 Middle East and Africa Flatbed Semi-Trailer Market Forecasts and Analysis - By Number of Axles
9.4.5 Middle East and Africa Flatbed Semi-Trailer Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Flatbed Semi-Trailer Market
9.4.5.1.1 South Africa Flatbed Semi-Trailer Market by Tonnage
9.4.5.1.2 South Africa Flatbed Semi-Trailer Market by Number of Axles
9.4.5.2 Saudi Arabia Flatbed Semi-Trailer Market
9.4.5.2.1 Saudi Arabia Flatbed Semi-Trailer Market by Tonnage
9.4.5.2.2 Saudi Arabia Flatbed Semi-Trailer Market by Number of Axles
9.4.5.3 U.A.E Flatbed Semi-Trailer Market
9.4.5.3.1 U.A.E Flatbed Semi-Trailer Market by Tonnage
9.4.5.3.2 U.A.E Flatbed Semi-Trailer Market by Number of Axles
9.4.5.4 Rest of Middle East and Africa Flatbed Semi-Trailer Market
9.4.5.4.1 Rest of Middle East and Africa Flatbed Semi-Trailer Market by Tonnage
9.4.5.4.2 Rest of Middle East and Africa Flatbed Semi-Trailer Market by Number of Axles
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Flatbed Semi-Trailer Market Overview
9.5.2 South and Central America Flatbed Semi-Trailer Market Forecasts and Analysis
9.5.3 South and Central America Flatbed Semi-Trailer Market Forecasts and Analysis - By Tonnage
9.5.4 South and Central America Flatbed Semi-Trailer Market Forecasts and Analysis - By Number of Axles
9.5.5 South and Central America Flatbed Semi-Trailer Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Flatbed Semi-Trailer Market
9.5.5.1.1 Brazil Flatbed Semi-Trailer Market by Tonnage
9.5.5.1.2 Brazil Flatbed Semi-Trailer Market by Number of Axles
9.5.5.2 Argentina Flatbed Semi-Trailer Market
9.5.5.2.1 Argentina Flatbed Semi-Trailer Market by Tonnage
9.5.5.2.2 Argentina Flatbed Semi-Trailer Market by Number of Axles
9.5.5.3 Rest of South and Central America Flatbed Semi-Trailer Market
9.5.5.3.1 Rest of South and Central America Flatbed Semi-Trailer Market by Tonnage
9.5.5.3.2 Rest of South and Central America Flatbed Semi-Trailer Market by Number of Axles
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. FLATBED SEMI-TRAILER MARKET, KEY COMPANY PROFILES
11.1. CHASSISKING, INC.
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. CHINA INTERNATIONAL MARINE CONTAINERS (GROUP) LTD.
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. DORSEY TRAILER.
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. FONTAINE COMMERCIAL TRAILER, INC.
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. GREAT DANE A DIVISION OF GREAT DANE LLC
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. HYUNDAI TRANSLEAD.
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. LAMBERET SAS
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. MANAC INC.
11.8.1. Key Facts
11.8.2. Business Description
11.8.3. Products and Services
11.8.4. Financial Overview
11.8.5. SWOT Analysis
11.8.6. Key Developments
11.9. POLAR TANK.
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. SCHMITZ CARGOBULL
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. ChassisKing, Inc.
2. China International Marine Containers (Group) Ltd.
3. Dorsey Trailer.
4. Fontaine Commercial Trailer, Inc.
5. Great Dane A Division of Great Dane LLC
6. HYUNDAI TRANSLEAD.
7. LAMBERET SAS
8. Manac Inc.
9. Polar Tank.
10. Schmitz Cargobull
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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