Fossil Fuel Electricity Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

Coverage: Fossil Fuel Electricity Market covers analysis By Fuel Type (Coal, Oil, Natural Gas); End-User (Residential, Commercial, Industrial) , and Geography (North America, Europe, Asia Pacific, and South and Central America)

  • Report Code : TIPRE00029634
  • Category : Energy and Power
  • No. of Pages : 150
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Fossil Fuel Electricity Market SWOT Analysis by 2031

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MARKET OVERVIEW
Fossil fuel power plants burn coal or oil to create heat which is in turn used to generate steam to drive turbines which generate electricity. Fossil fuels are the largest sources of energy for electricity generation. The main types of fuel in fossil fuel electric power generation are coal, oil and natural gas. Governments globally are increasingly supporting the adoption of carbon capture and storage (CCS) technology across industries including power generation. Regulatory bodies are enforcing stringent regulations on thermal power generation to control harmful effects on the environment. Regulations such as these are expected to increase the costs of procuring cheaper fossil fuel-based power, acting as a restraint on the fossil fuel electricity market.

MARKET SCOPE
The "Global Fossil Fuel Electricity Market Analysis to 2031" is a specialized and in-depth study of the energy demand with a special focus on the global market trend analysis. The report aims to provide an overview of the fossil fuel electricity market with detailed market segmentation by fuel type, end-user, and geography. The report provides key statistics on the market status of the leading fossil fuel electricity market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

  •   On the basis of fuel type the market is segmented into coal, oil and natural gas
  •   On the basis end-user, the market is segmented as residential, industrial, and commercial


MARKET DYNAMICS

Drivers:
    -
    o Increasingly support from government increases the adoption of carbon capture and storage (CCS) technology which helps drive the market growth
    o Growing power consumption propels the market outlook
Restraints:
    -
    o Stringent emission regulations restraints the market growth
REGIONAL FRAMEWORK
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 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America (SAM). The fossil fuel electricity 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 fossil fuel electricity market in these regions.

IMPACT OF COVID-19 ON FOSSIL FUEL ELECTRICITY MARKET
The emergence of the COVID-19 has severely impacted the power generation industry, which resulted decline in the green power market in the year 2021. The outbreak of the pandemic led to demand-supply gap, shutdown of several manufacturing industries across the globe, which in turn, caused disruptions in raw material procurement and further led to price volatility. The withdrawal of upcoming investments and hold on for ongoing power projects has directly influenced the market growth. 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 power demand across various industries. The limited availability of manpower and raw material due to the pandemic is a major problem that affects the market growth. Furthermore, delays and cancellation of orders has affected the market dynamics over the pandemic recovery period. Hence, from 2021, the ease in restriction and opening of various industries have fueled the market growth over the projected period.

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MARKET PLAYERS

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 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America (SAM). The fossil fuel electricity 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 fossil fuel electricity market in these regions.

IMPACT OF COVID-19 ON FOSSIL FUEL ELECTRICITY MARKET
The emergence of the COVID-19 has severely impacted the power generation industry, which resulted decline in the green power market in the year 2021. The outbreak of the pandemic led to demand-supply gap, shutdown of several manufacturing industries across the globe, which in turn, caused disruptions in raw material procurement and further led to price volatility. The withdrawal of upcoming investments and hold on for ongoing power projects has directly influenced the market growth. 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 power demand across various industries. The limited availability of manpower and raw material due to the pandemic is a major problem that affects the market growth. Furthermore, delays and cancellation of orders has affected the market dynamics over the pandemic recovery period. Hence, from 2021, the ease in restriction and opening of various industries have fueled the market growth over the projected period.

MARKET PLAYERS
The report covers key developments in the fossil fuel electricity 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 fossil fuel electricity market are anticipated to provide lucrative growth opportunities in the future owing growing power demand from consumers.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the fossil fuel electricity 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.

  •   Huaneng Power International,Inc.
  •   ENGIE SA
  •   Enel Spa
  •   Origin Energy Limited
  •   Stanwell Corporation Limited.
  •   Duke Energy Corporation
  •   Tokyo Electric Power Company Holdings, Inc.
  •   NTPC Ltd.
  •   Uniper SE
  •   CHN ENERGY Investment Group Co.,LTD
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
1.3.1 Fossil Fuel Electricity Market - By Fuel Type
1.3.2 Fossil Fuel Electricity Market - By End-User
1.3.3 Fossil Fuel Electricity Market - By Region
1.3.3.1 By Country

2. KEY TAKEAWAYS

3. RESEARCH METHODOLOGY

4. FOSSIL FUEL ELECTRICITY 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. FOSSIL FUEL ELECTRICITY 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. FOSSIL FUEL ELECTRICITY MARKET - GLOBAL MARKET ANALYSIS
6.1. FOSSIL FUEL ELECTRICITY - GLOBAL MARKET OVERVIEW
6.2. FOSSIL FUEL ELECTRICITY - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING

7. FOSSIL FUEL ELECTRICITY MARKET - REVENUE AND FORECASTS TO 2028 - FUEL TYPE
7.1. OVERVIEW
7.2. FUEL TYPE MARKET FORECASTS AND ANALYSIS
7.3. COAL
7.3.1. Overview
7.3.2. Coal Market Forecast and Analysis
7.4. OIL
7.4.1. Overview
7.4.2. Oil Market Forecast and Analysis
7.5. NATURAL GAS
7.5.1. Overview
7.5.2. Natural Gas Market Forecast and Analysis
8. FOSSIL FUEL ELECTRICITY MARKET - REVENUE AND FORECASTS TO 2028 - END-USER
8.1. OVERVIEW
8.2. END-USER MARKET FORECASTS AND ANALYSIS
8.3. RESIDENTIAL
8.3.1. Overview
8.3.2. Residential Market Forecast and Analysis
8.4. COMMERCIAL
8.4.1. Overview
8.4.2. Commercial Market Forecast and Analysis
8.5. INDUSTRIAL
8.5.1. Overview
8.5.2. Industrial Market Forecast and Analysis

9. FOSSIL FUEL ELECTRICITY MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Fossil Fuel Electricity Market Overview
9.1.2 North America Fossil Fuel Electricity Market Forecasts and Analysis
9.1.3 North America Fossil Fuel Electricity Market Forecasts and Analysis - By Fuel Type
9.1.4 North America Fossil Fuel Electricity Market Forecasts and Analysis - By End-User
9.1.5 North America Fossil Fuel Electricity Market Forecasts and Analysis - By Countries
9.1.5.1 United States Fossil Fuel Electricity Market
9.1.5.1.1 United States Fossil Fuel Electricity Market by Fuel Type
9.1.5.1.2 United States Fossil Fuel Electricity Market by End-User
9.1.5.2 Canada Fossil Fuel Electricity Market
9.1.5.2.1 Canada Fossil Fuel Electricity Market by Fuel Type
9.1.5.2.2 Canada Fossil Fuel Electricity Market by End-User
9.1.5.3 Mexico Fossil Fuel Electricity Market
9.1.5.3.1 Mexico Fossil Fuel Electricity Market by Fuel Type
9.1.5.3.2 Mexico Fossil Fuel Electricity Market by End-User
9.2. EUROPE
9.2.1 Europe Fossil Fuel Electricity Market Overview
9.2.2 Europe Fossil Fuel Electricity Market Forecasts and Analysis
9.2.3 Europe Fossil Fuel Electricity Market Forecasts and Analysis - By Fuel Type
9.2.4 Europe Fossil Fuel Electricity Market Forecasts and Analysis - By End-User
9.2.5 Europe Fossil Fuel Electricity Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Fossil Fuel Electricity Market
9.2.5.1.1 Germany Fossil Fuel Electricity Market by Fuel Type
9.2.5.1.2 Germany Fossil Fuel Electricity Market by End-User
9.2.5.2 France Fossil Fuel Electricity Market
9.2.5.2.1 France Fossil Fuel Electricity Market by Fuel Type
9.2.5.2.2 France Fossil Fuel Electricity Market by End-User
9.2.5.3 Italy Fossil Fuel Electricity Market
9.2.5.3.1 Italy Fossil Fuel Electricity Market by Fuel Type
9.2.5.3.2 Italy Fossil Fuel Electricity Market by End-User
9.2.5.4 United Kingdom Fossil Fuel Electricity Market
9.2.5.4.1 United Kingdom Fossil Fuel Electricity Market by Fuel Type
9.2.5.4.2 United Kingdom Fossil Fuel Electricity Market by End-User
9.2.5.5 Russia Fossil Fuel Electricity Market
9.2.5.5.1 Russia Fossil Fuel Electricity Market by Fuel Type
9.2.5.5.2 Russia Fossil Fuel Electricity Market by End-User
9.2.5.6 Rest of Europe Fossil Fuel Electricity Market
9.2.5.6.1 Rest of Europe Fossil Fuel Electricity Market by Fuel Type
9.2.5.6.2 Rest of Europe Fossil Fuel Electricity Market by End-User
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Fossil Fuel Electricity Market Overview
9.3.2 Asia-Pacific Fossil Fuel Electricity Market Forecasts and Analysis
9.3.3 Asia-Pacific Fossil Fuel Electricity Market Forecasts and Analysis - By Fuel Type
9.3.4 Asia-Pacific Fossil Fuel Electricity Market Forecasts and Analysis - By End-User
9.3.5 Asia-Pacific Fossil Fuel Electricity Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Fossil Fuel Electricity Market
9.3.5.1.1 Australia Fossil Fuel Electricity Market by Fuel Type
9.3.5.1.2 Australia Fossil Fuel Electricity Market by End-User
9.3.5.2 China Fossil Fuel Electricity Market
9.3.5.2.1 China Fossil Fuel Electricity Market by Fuel Type
9.3.5.2.2 China Fossil Fuel Electricity Market by End-User
9.3.5.3 India Fossil Fuel Electricity Market
9.3.5.3.1 India Fossil Fuel Electricity Market by Fuel Type
9.3.5.3.2 India Fossil Fuel Electricity Market by End-User
9.3.5.4 Japan Fossil Fuel Electricity Market
9.3.5.4.1 Japan Fossil Fuel Electricity Market by Fuel Type
9.3.5.4.2 Japan Fossil Fuel Electricity Market by End-User
9.3.5.5 South Korea Fossil Fuel Electricity Market
9.3.5.5.1 South Korea Fossil Fuel Electricity Market by Fuel Type
9.3.5.5.2 South Korea Fossil Fuel Electricity Market by End-User
9.3.5.6 Rest of Asia-Pacific Fossil Fuel Electricity Market
9.3.5.6.1 Rest of Asia-Pacific Fossil Fuel Electricity Market by Fuel Type
9.3.5.6.2 Rest of Asia-Pacific Fossil Fuel Electricity Market by End-User
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Fossil Fuel Electricity Market Overview
9.4.2 Middle East and Africa Fossil Fuel Electricity Market Forecasts and Analysis
9.4.3 Middle East and Africa Fossil Fuel Electricity Market Forecasts and Analysis - By Fuel Type
9.4.4 Middle East and Africa Fossil Fuel Electricity Market Forecasts and Analysis - By End-User
9.4.5 Middle East and Africa Fossil Fuel Electricity Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Fossil Fuel Electricity Market
9.4.5.1.1 South Africa Fossil Fuel Electricity Market by Fuel Type
9.4.5.1.2 South Africa Fossil Fuel Electricity Market by End-User
9.4.5.2 Saudi Arabia Fossil Fuel Electricity Market
9.4.5.2.1 Saudi Arabia Fossil Fuel Electricity Market by Fuel Type
9.4.5.2.2 Saudi Arabia Fossil Fuel Electricity Market by End-User
9.4.5.3 U.A.E Fossil Fuel Electricity Market
9.4.5.3.1 U.A.E Fossil Fuel Electricity Market by Fuel Type
9.4.5.3.2 U.A.E Fossil Fuel Electricity Market by End-User
9.4.5.4 Rest of Middle East and Africa Fossil Fuel Electricity Market
9.4.5.4.1 Rest of Middle East and Africa Fossil Fuel Electricity Market by Fuel Type
9.4.5.4.2 Rest of Middle East and Africa Fossil Fuel Electricity Market by End-User
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Fossil Fuel Electricity Market Overview
9.5.2 South and Central America Fossil Fuel Electricity Market Forecasts and Analysis
9.5.3 South and Central America Fossil Fuel Electricity Market Forecasts and Analysis - By Fuel Type
9.5.4 South and Central America Fossil Fuel Electricity Market Forecasts and Analysis - By End-User
9.5.5 South and Central America Fossil Fuel Electricity Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Fossil Fuel Electricity Market
9.5.5.1.1 Brazil Fossil Fuel Electricity Market by Fuel Type
9.5.5.1.2 Brazil Fossil Fuel Electricity Market by End-User
9.5.5.2 Argentina Fossil Fuel Electricity Market
9.5.5.2.1 Argentina Fossil Fuel Electricity Market by Fuel Type
9.5.5.2.2 Argentina Fossil Fuel Electricity Market by End-User
9.5.5.3 Rest of South and Central America Fossil Fuel Electricity Market
9.5.5.3.1 Rest of South and Central America Fossil Fuel Electricity Market by Fuel Type
9.5.5.3.2 Rest of South and Central America Fossil Fuel Electricity Market by End-User

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. FOSSIL FUEL ELECTRICITY MARKET, KEY COMPANY PROFILES
11.1. HUANENG POWER INTERNATIONAL,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. ENGIE SA
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. ENEL SPA
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. ORIGIN ENERGY LIMITED
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. STANWELL CORPORATION LIMITED.
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. DUKE ENERGY
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. TOKYO ELECTRIC POWER COMPANY HOLDINGS, INC.
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. NTPC LTD.
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. UNIPER SE
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. CHN ENERGY INVESTMENT GROUP CO.,LTD
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
The List of Companies

1.Huaneng Power International,Inc.
2.ENGIE SA
3.Enel Spa
4.Origin Energy Limited
5.Stanwell Corporation Limited.
6.Duke Energy
7.Tokyo Electric Power Company Holdings, Inc.
8.NTPC Ltd.
9.Uniper SE
10.CHN ENERGY Investment Group Co.,LTD

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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