Friction Product Market Growth Drivers and Opportunities by 2031
The Friction Product Market is expected to register a CAGR of 6.5% from 2023 to 2031, with a market size expanding from US$ XX million in 2023 to US$ XX Million by 2031.
The market is segmented into by Product, Sales Channel, and End User. The Product Type segment is divided into friction-product-market . Based on Sales channel, the market is segmented into Original equipment manufacturer, Aftersales. Based on End-user, the market is segmented into Automotive, Construction, Aerospace and marine, Others.
Purpose of the ReportThe report Friction Product 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.
Friction Product Market Segmentation
Product- Brakes
- Clutches
- Industrial brakes and transmission systems
- Abrasives
- Others
- Original equipment manufacturer
- Aftersales
- Automotive
- Construction
- Aerospace and marine
- Others
Strategic Insights
Friction Product Market Growth Drivers- Growing Automotive Industry: The expansion of the automotive sector is a primary driver for the friction product market. As vehicle production increases globally, the demand for high-quality friction materials, such as brake pads and linings, rises correspondingly. This growth is fueled by the need for enhanced safety features and improved vehicle performance, which rely heavily on effective friction products.
- Regulatory Standards for Safety and Emissions: Stricter regulations regarding vehicle safety and emissions are pushing manufacturers to adopt advanced friction materials. These regulations often require better braking performance and lower environmental impact, leading to increased investment in research and development of innovative friction products that meet these standards
- Shift Towards Electric Vehicles (EVs): The rise of electric vehicles is influencing the friction product market. As EVs become more prevalent, there is a growing need for specialized friction materials that can handle the unique demands of electric drivetrains, such as regenerative braking systems. This trend is prompting manufacturers to innovate and adapt their product offerings to cater to the evolving automotive landscape.
- Increased Focus on Sustainability: There is a notable trend towards sustainability within the friction product market. Consumers and manufacturers alike are prioritizing eco-friendly materials and production processes. This shift is driving the development of friction products that minimize environmental impact, such as those made from recycled materials or designed to reduce dust and emissions during operation.
- Technological Advancements in Materials: There is a significant opportunity for innovation in the development of new friction materials. Advances in composite materials and eco-friendly alternatives can cater to the growing demand for sustainable products. Manufacturers can explore options that enhance performance while reducing environmental impact, appealing to both consumers and regulatory bodies.
- Expansion into Emerging Markets: Emerging economies present a lucrative opportunity for the friction product market. As these regions experience industrial growth and increased vehicle ownership, the demand for reliable and efficient friction products is expected to rise. Companies can capitalize on this trend by establishing a presence in these markets and tailoring their products to meet local needs
Market Report Scope
Key Selling Points
- Comprehensive Coverage: The report comprehensively covers the analysis of products, services, types, and end users of the Friction Product 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 Friction Product 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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Frequently Asked Questions
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ABS FRICTION CORP, Aisin Seiki Co. Ltd., Akebono Brake Industry Co., Ltd., Carlisle Brake and Friction Inc., European Friction Industries Ltd., Fras-le S.A., Hindustan Composites Ltd., MIBA AG, Nisshinbo Holdings Inc., Tenneco, Inc
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.
The major factors driving the friction productmarket are: Growth in Automotive Industry
The Friction Product Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis Report Coverage:by Product (Brakes, Clutches, Industrial brakes and transmission systems, Abrasives, Others); Sales channel (Original equipment manufacturer, Aftersales); End-user (Automotive, Construction, Aerospace and marine, Others) , and Geography (North America, Europe, Asia Pacific, and South and Central America) is estimated to witness a CAGR of 6.5% from 2023 to 2031
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Friction Product Market - By Product
1.3.2 Friction Product Market - By Sales channel
1.3.3 Friction Product Market - By End-user
1.3.4 Friction Product Market - By Region
1.3.4.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. FRICTION PRODUCT 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. ECOSYSTEM ANALYSIS
4.4. EXPERT OPINIONS
5. FRICTION PRODUCT 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. FRICTION PRODUCT MARKET - GLOBAL MARKET ANALYSIS
6.1. FRICTION PRODUCT - GLOBAL MARKET OVERVIEW
6.2. FRICTION PRODUCT - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. FRICTION PRODUCT MARKET - REVENUE AND FORECASTS TO 2028 - PRODUCT
7.1. OVERVIEW
7.2. PRODUCT MARKET FORECASTS AND ANALYSIS
7.3. BRAKES
7.3.1. Overview
7.3.2. Brakes Market Forecast and Analysis
7.4. CLUTCHES
7.4.1. Overview
7.4.2. Clutches Market Forecast and Analysis
7.5. INDUSTRIAL BRAKES AND TRANSMISSION SYSTEMS
7.5.1. Overview
7.5.2. Industrial brakes and transmission systems Market Forecast and Analysis
7.6. ABRASIVES
7.6.1. Overview
7.6.2. Abrasives Market Forecast and Analysis
7.7. OTHERS
7.7.1. Overview
7.7.2. Others Market Forecast and Analysis
8. FRICTION PRODUCT MARKET - REVENUE AND FORECASTS TO 2028 - SALES CHANNEL
8.1. OVERVIEW
8.2. SALES CHANNEL MARKET FORECASTS AND ANALYSIS
8.3. ORIGINAL EQUIPMENT MANUFACTURER
8.3.1. Overview
8.3.2. Original equipment manufacturer Market Forecast and Analysis
8.4. AFTERSALES
8.4.1. Overview
8.4.2. Aftersales Market Forecast and Analysis
9. FRICTION PRODUCT MARKET - REVENUE AND FORECASTS TO 2028 - END-USER
9.1. OVERVIEW
9.2. END-USER MARKET FORECASTS AND ANALYSIS
9.3. AUTOMOTIVE
9.3.1. Overview
9.3.2. Automotive Market Forecast and Analysis
9.4. CONSTRUCTION
9.4.1. Overview
9.4.2. Construction Market Forecast and Analysis
9.5. AEROSPACE AND MARINE
9.5.1. Overview
9.5.2. Aerospace and marine Market Forecast and Analysis
9.6. OTHERS
9.6.1. Overview
9.6.2. Others Market Forecast and Analysis
10. FRICTION PRODUCT MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
10.1. NORTH AMERICA
10.1.1 North America Friction Product Market Overview
10.1.2 North America Friction Product Market Forecasts and Analysis
10.1.3 North America Friction Product Market Forecasts and Analysis - By Product
10.1.4 North America Friction Product Market Forecasts and Analysis - By Sales channel
10.1.5 North America Friction Product Market Forecasts and Analysis - By End-user
10.1.6 North America Friction Product Market Forecasts and Analysis - By Countries
10.1.6.1 United States Friction Product Market
10.1.6.1.1 United States Friction Product Market by Product
10.1.6.1.2 United States Friction Product Market by Sales channel
10.1.6.1.3 United States Friction Product Market by End-user
10.1.6.2 Canada Friction Product Market
10.1.6.2.1 Canada Friction Product Market by Product
10.1.6.2.2 Canada Friction Product Market by Sales channel
10.1.6.2.3 Canada Friction Product Market by End-user
10.1.6.3 Mexico Friction Product Market
10.1.6.3.1 Mexico Friction Product Market by Product
10.1.6.3.2 Mexico Friction Product Market by Sales channel
10.1.6.3.3 Mexico Friction Product Market by End-user
10.2. EUROPE
10.2.1 Europe Friction Product Market Overview
10.2.2 Europe Friction Product Market Forecasts and Analysis
10.2.3 Europe Friction Product Market Forecasts and Analysis - By Product
10.2.4 Europe Friction Product Market Forecasts and Analysis - By Sales channel
10.2.5 Europe Friction Product Market Forecasts and Analysis - By End-user
10.2.6 Europe Friction Product Market Forecasts and Analysis - By Countries
10.2.6.1 Germany Friction Product Market
10.2.6.1.1 Germany Friction Product Market by Product
10.2.6.1.2 Germany Friction Product Market by Sales channel
10.2.6.1.3 Germany Friction Product Market by End-user
10.2.6.2 France Friction Product Market
10.2.6.2.1 France Friction Product Market by Product
10.2.6.2.2 France Friction Product Market by Sales channel
10.2.6.2.3 France Friction Product Market by End-user
10.2.6.3 Italy Friction Product Market
10.2.6.3.1 Italy Friction Product Market by Product
10.2.6.3.2 Italy Friction Product Market by Sales channel
10.2.6.3.3 Italy Friction Product Market by End-user
10.2.6.4 United Kingdom Friction Product Market
10.2.6.4.1 United Kingdom Friction Product Market by Product
10.2.6.4.2 United Kingdom Friction Product Market by Sales channel
10.2.6.4.3 United Kingdom Friction Product Market by End-user
10.2.6.5 Russia Friction Product Market
10.2.6.5.1 Russia Friction Product Market by Product
10.2.6.5.2 Russia Friction Product Market by Sales channel
10.2.6.5.3 Russia Friction Product Market by End-user
10.2.6.6 Rest of Europe Friction Product Market
10.2.6.6.1 Rest of Europe Friction Product Market by Product
10.2.6.6.2 Rest of Europe Friction Product Market by Sales channel
10.2.6.6.3 Rest of Europe Friction Product Market by End-user
10.3. ASIA-PACIFIC
10.3.1 Asia-Pacific Friction Product Market Overview
10.3.2 Asia-Pacific Friction Product Market Forecasts and Analysis
10.3.3 Asia-Pacific Friction Product Market Forecasts and Analysis - By Product
10.3.4 Asia-Pacific Friction Product Market Forecasts and Analysis - By Sales channel
10.3.5 Asia-Pacific Friction Product Market Forecasts and Analysis - By End-user
10.3.6 Asia-Pacific Friction Product Market Forecasts and Analysis - By Countries
10.3.6.1 Australia Friction Product Market
10.3.6.1.1 Australia Friction Product Market by Product
10.3.6.1.2 Australia Friction Product Market by Sales channel
10.3.6.1.3 Australia Friction Product Market by End-user
10.3.6.2 China Friction Product Market
10.3.6.2.1 China Friction Product Market by Product
10.3.6.2.2 China Friction Product Market by Sales channel
10.3.6.2.3 China Friction Product Market by End-user
10.3.6.3 India Friction Product Market
10.3.6.3.1 India Friction Product Market by Product
10.3.6.3.2 India Friction Product Market by Sales channel
10.3.6.3.3 India Friction Product Market by End-user
10.3.6.4 Japan Friction Product Market
10.3.6.4.1 Japan Friction Product Market by Product
10.3.6.4.2 Japan Friction Product Market by Sales channel
10.3.6.4.3 Japan Friction Product Market by End-user
10.3.6.5 South Korea Friction Product Market
10.3.6.5.1 South Korea Friction Product Market by Product
10.3.6.5.2 South Korea Friction Product Market by Sales channel
10.3.6.5.3 South Korea Friction Product Market by End-user
10.3.6.6 Rest of Asia-Pacific Friction Product Market
10.3.6.6.1 Rest of Asia-Pacific Friction Product Market by Product
10.3.6.6.2 Rest of Asia-Pacific Friction Product Market by Sales channel
10.3.6.6.3 Rest of Asia-Pacific Friction Product Market by End-user
10.4. MIDDLE EAST AND AFRICA
10.4.1 Middle East and Africa Friction Product Market Overview
10.4.2 Middle East and Africa Friction Product Market Forecasts and Analysis
10.4.3 Middle East and Africa Friction Product Market Forecasts and Analysis - By Product
10.4.4 Middle East and Africa Friction Product Market Forecasts and Analysis - By Sales channel
10.4.5 Middle East and Africa Friction Product Market Forecasts and Analysis - By End-user
10.4.6 Middle East and Africa Friction Product Market Forecasts and Analysis - By Countries
10.4.6.1 South Africa Friction Product Market
10.4.6.1.1 South Africa Friction Product Market by Product
10.4.6.1.2 South Africa Friction Product Market by Sales channel
10.4.6.1.3 South Africa Friction Product Market by End-user
10.4.6.2 Saudi Arabia Friction Product Market
10.4.6.2.1 Saudi Arabia Friction Product Market by Product
10.4.6.2.2 Saudi Arabia Friction Product Market by Sales channel
10.4.6.2.3 Saudi Arabia Friction Product Market by End-user
10.4.6.3 U.A.E Friction Product Market
10.4.6.3.1 U.A.E Friction Product Market by Product
10.4.6.3.2 U.A.E Friction Product Market by Sales channel
10.4.6.3.3 U.A.E Friction Product Market by End-user
10.4.6.4 Rest of Middle East and Africa Friction Product Market
10.4.6.4.1 Rest of Middle East and Africa Friction Product Market by Product
10.4.6.4.2 Rest of Middle East and Africa Friction Product Market by Sales channel
10.4.6.4.3 Rest of Middle East and Africa Friction Product Market by End-user
10.5. SOUTH AND CENTRAL AMERICA
10.5.1 South and Central America Friction Product Market Overview
10.5.2 South and Central America Friction Product Market Forecasts and Analysis
10.5.3 South and Central America Friction Product Market Forecasts and Analysis - By Product
10.5.4 South and Central America Friction Product Market Forecasts and Analysis - By Sales channel
10.5.5 South and Central America Friction Product Market Forecasts and Analysis - By End-user
10.5.6 South and Central America Friction Product Market Forecasts and Analysis - By Countries
10.5.6.1 Brazil Friction Product Market
10.5.6.1.1 Brazil Friction Product Market by Product
10.5.6.1.2 Brazil Friction Product Market by Sales channel
10.5.6.1.3 Brazil Friction Product Market by End-user
10.5.6.2 Argentina Friction Product Market
10.5.6.2.1 Argentina Friction Product Market by Product
10.5.6.2.2 Argentina Friction Product Market by Sales channel
10.5.6.2.3 Argentina Friction Product Market by End-user
10.5.6.3 Rest of South and Central America Friction Product Market
10.5.6.3.1 Rest of South and Central America Friction Product Market by Product
10.5.6.3.2 Rest of South and Central America Friction Product Market by Sales channel
10.5.6.3.3 Rest of South and Central America Friction Product Market by End-user
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. FRICTION PRODUCT MARKET, KEY COMPANY PROFILES
12.1. ABS FRICTION CORP.
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. AISIN SEIKI CO. LTD.
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. AKEBONO BRAKE INDUSTRY CO., LTD.
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. CARLISLE BRAKE AND FRICTION INC.
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. EUROPEAN FRICTION INDUSTRIES LTD
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. FRAS LE S.A.
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. HINDUSTAN COMPOSITES 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. MIBA AG
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. NISSHINBO HOLDINGS INC.
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. TENNECO, 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
1.ABS FRICTION CORP.
2.Aisin Seiki Co. Ltd.
3.Akebono Brake Industry Co., Ltd.
4.Carlisle Brake and Friction Inc.
5.European Friction Industries Ltd
6.Fras le S.A.
7.Hindustan Composites Ltd.
8.MIBA AG
9.Nisshinbo Holdings Inc.
10.Tenneco, Inc.
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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