Hollow Core Insulator Market Growth Report 2021-2031
The Hollow Core Insulator Market is expected to register a CAGR of 4.5% from 2024 to 2031, with a market size expanding from US$ XX million in 2024 to US$ XX Million by 2031.
The report is segmented by Material (Ceramic, Composite), Voltage (1-69kV, 69-230kV, Above 230kV), Application (Switchgear, Current and Voltage Transformer, Cable Termination and Bushing, Surge Arrester, Station Post, Others). The global analysis is further broken-down at regional level and major countries. The Report Offers the Value in USD for the above analysis and segments.
Purpose of the ReportThe report Hollow Core Insulator 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.
Hollow Core Insulator Market Segmentation
Material- Ceramic
- Composite
- 1-69kV
- 69-230kV
- Above 230kV
- Switchgear
- Current and Voltage Transformer
- Cable Termination and Bushing
- Surge Arrester
- Station Post
- Others
- North America
- Europe
- Asia-Pacific
- South and Central America
- Middle East and Africa
Strategic Insights
Hollow Core Insulator Market Growth Drivers- Advancements in Materials Technology: Hollow core insulators become more reliable and cost-effective with the development of new, stronger, and more durable materials. For example, glass fiber coupled with polymer composites enhances the performance of hollow core insulators. Continuous innovations in the material of the insulators continuously improve the performance and lifespan of hollow core insulators, making them very attractive both for existing and new infrastructure projects.
- Growing Demand for Reliable Power Transmission and Distribution (T&D) Infrastructure: Increasing demand for stable electricity transmission has been enticing global power grid expansions. Hollow core insulators are in high demand due to their superior electrical insulation and mechanical strength; they find usage in most high-voltage transmission lines over long distances. Upgrade and expansion of electrical grids that the governments and utilities are undertaking in most emerging economies increases demand for hollow core insulators.
- Smart Insulators with Integrated Monitoring: Next generation hollow core insulators may be designed to integrate sensors enabling live monitoring of their performance, for example, temperature, voltage, or even mechanical stress, such that system failures happen not but instead at prevented stages. The smart insulators will not contribute to system failures but instead identify issues way before they are problems. Developing the smart insulators might help utilities be in control of their grid maintenance and performance results value to the hollow core insulator market.
- Advancements in Material Technology: The hollow core insulator market is benefiting from innovations in material science, particularly the development of composite materials. These materials offer enhanced electrical performance, greater resistance to weathering, and lower weight compared to traditional porcelain insulators, making them ideal for applications in harsh environments and challenging weather conditions.
- Smart Grid Integration: Opportunities are present in smart grids, integrated systems that use digital technology to monitor and control electricity flows. Hollow core insulators are going to be crucial components for ensuring the reliability and safety of smart grids, which require advanced components capable of withstanding higher voltages and more long-term durability. As the technologies for these smart grids expand, demand for high-performance, durable insulators like hollow core types will increase.
- Offshore Wind Power Projects: Offshore wind farms are a fast-emerging sector in the world of renewable energy, including the need for reliable, efficient transmission systems to bring electrical power ashore. Hollow core insulators are suitable for severe marine environments and high voltages associated with offshore transmission lines. An important opportunity for hollow core insulator manufacturers exists as offshore wind energy projects continue to expand.
Market Report Scope
Key Selling Points
- Comprehensive Coverage: The report comprehensively covers the analysis of products, services, types, and end users of the Hollow Core Insulator 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 Hollow Core Insulator 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
Have a question?
Naveen
Naveen will walk you through a 15-minute call to present the report’s content and answer all queries if you have any.
Speak to Analyst
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
- 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.
Frequently Asked Questions
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 report can be delivered in PDF/PPT format; we can also share excel dataset based on the request
The major factors driving the hollow core insulator market are:
1. Advancements in Materials Technology
2. Growing Demand for Reliable Power Transmission and Distribution (T&D) Infrastructure
Smart Insulators with Integrated Monitoring is anticipated to play a significant role in the global hollow core insulator market in the coming years
The Hollow Core Insulator Market is estimated to witness a CAGR of 4.5% 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 Hollow Core Insulator Market - By Material
1.3.2 Hollow Core Insulator Market - By Voltage
1.3.3 Hollow Core Insulator Market - By Application
1.3.4 Hollow Core Insulator Market - By Region
1.3.4.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. HOLLOW CORE INSULATOR MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PEST ANALYSIS
4.2.1 Europe - Pest Analysis
4.2.2 Asia-Pacific - Pest Analysis
4.2.3 Middle East and Africa - Pest Analysis
4.2.4 South and Central America - Pest Analysis
4.3. ECOSYSTEM ANALYSIS
4.4. EXPERT OPINIONS
5. HOLLOW CORE INSULATOR 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. HOLLOW CORE INSULATOR MARKET - GLOBAL MARKET ANALYSIS
6.1. HOLLOW CORE INSULATOR - GLOBAL MARKET OVERVIEW
6.2. HOLLOW CORE INSULATOR - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. HOLLOW CORE INSULATOR MARKET - REVENUE AND FORECASTS TO 2028 - MATERIAL
7.1. OVERVIEW
7.2. MATERIAL MARKET FORECASTS AND ANALYSIS
7.3. CERAMIC
7.3.1. Overview
7.3.2. Ceramic Market Forecast and Analysis
7.4. COMPOSITE
7.4.1. Overview
7.4.2. Composite Market Forecast and Analysis
8. HOLLOW CORE INSULATOR MARKET - REVENUE AND FORECASTS TO 2028 - VOLTAGE
8.1. OVERVIEW
8.2. VOLTAGE MARKET FORECASTS AND ANALYSIS
8.3. 1-69KV
8.3.1. Overview
8.3.2. 1-69kV Market Forecast and Analysis
8.4. 69-230KV
8.4.1. Overview
8.4.2. 69-230kV Market Forecast and Analysis
8.5. ABOVE 230KV
8.5.1. Overview
8.5.2. Above 230kV Market Forecast and Analysis
9. HOLLOW CORE INSULATOR MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
9.1. OVERVIEW
9.2. APPLICATION MARKET FORECASTS AND ANALYSIS
9.3. SWITCHGEAR
9.3.1. Overview
9.3.2. Switchgear Market Forecast and Analysis
9.4. CURRENT AND VOLTAGE TRANSFORMER
9.4.1. Overview
9.4.2. Current and Voltage Transformer Market Forecast and Analysis
9.5. CABLE TERMINATION AND BUSHING
9.5.1. Overview
9.5.2. Cable Termination and Bushing Market Forecast and Analysis
9.6. SURGE ARRESTER
9.6.1. Overview
9.6.2. Surge Arrester Market Forecast and Analysis
9.7. STATION POST
9.7.1. Overview
9.7.2. Station Post Market Forecast and Analysis
9.8. OTHERS
9.8.1. Overview
9.8.2. Others Market Forecast and Analysis
10. HOLLOW CORE INSULATOR MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
10.1. EUROPE
10.1.1 Europe Hollow Core Insulator Market Overview
10.1.2 Europe Hollow Core Insulator Market Forecasts and Analysis
10.1.3 Europe Hollow Core Insulator Market Forecasts and Analysis - By Material
10.1.4 Europe Hollow Core Insulator Market Forecasts and Analysis - By Voltage
10.1.5 Europe Hollow Core Insulator Market Forecasts and Analysis - By Application
10.1.6 Europe Hollow Core Insulator Market Forecasts and Analysis - By Countries
10.1.6.1 Germany Hollow Core Insulator Market
10.1.6.1.1 Germany Hollow Core Insulator Market by Material
10.1.6.1.2 Germany Hollow Core Insulator Market by Voltage
10.1.6.1.3 Germany Hollow Core Insulator Market by Application
10.1.6.2 France Hollow Core Insulator Market
10.1.6.2.1 France Hollow Core Insulator Market by Material
10.1.6.2.2 France Hollow Core Insulator Market by Voltage
10.1.6.2.3 France Hollow Core Insulator Market by Application
10.1.6.3 Italy Hollow Core Insulator Market
10.1.6.3.1 Italy Hollow Core Insulator Market by Material
10.1.6.3.2 Italy Hollow Core Insulator Market by Voltage
10.1.6.3.3 Italy Hollow Core Insulator Market by Application
10.1.6.4 United Kingdom Hollow Core Insulator Market
10.1.6.4.1 United Kingdom Hollow Core Insulator Market by Material
10.1.6.4.2 United Kingdom Hollow Core Insulator Market by Voltage
10.1.6.4.3 United Kingdom Hollow Core Insulator Market by Application
10.1.6.5 Russia Hollow Core Insulator Market
10.1.6.5.1 Russia Hollow Core Insulator Market by Material
10.1.6.5.2 Russia Hollow Core Insulator Market by Voltage
10.1.6.5.3 Russia Hollow Core Insulator Market by Application
10.1.6.6 Rest of Europe Hollow Core Insulator Market
10.1.6.6.1 Rest of Europe Hollow Core Insulator Market by Material
10.1.6.6.2 Rest of Europe Hollow Core Insulator Market by Voltage
10.1.6.6.3 Rest of Europe Hollow Core Insulator Market by Application
10.2. ASIA-PACIFIC
10.2.1 Asia-Pacific Hollow Core Insulator Market Overview
10.2.2 Asia-Pacific Hollow Core Insulator Market Forecasts and Analysis
10.2.3 Asia-Pacific Hollow Core Insulator Market Forecasts and Analysis - By Material
10.2.4 Asia-Pacific Hollow Core Insulator Market Forecasts and Analysis - By Voltage
10.2.5 Asia-Pacific Hollow Core Insulator Market Forecasts and Analysis - By Application
10.2.6 Asia-Pacific Hollow Core Insulator Market Forecasts and Analysis - By Countries
10.2.6.1 Australia Hollow Core Insulator Market
10.2.6.1.1 Australia Hollow Core Insulator Market by Material
10.2.6.1.2 Australia Hollow Core Insulator Market by Voltage
10.2.6.1.3 Australia Hollow Core Insulator Market by Application
10.2.6.2 China Hollow Core Insulator Market
10.2.6.2.1 China Hollow Core Insulator Market by Material
10.2.6.2.2 China Hollow Core Insulator Market by Voltage
10.2.6.2.3 China Hollow Core Insulator Market by Application
10.2.6.3 India Hollow Core Insulator Market
10.2.6.3.1 India Hollow Core Insulator Market by Material
10.2.6.3.2 India Hollow Core Insulator Market by Voltage
10.2.6.3.3 India Hollow Core Insulator Market by Application
10.2.6.4 Japan Hollow Core Insulator Market
10.2.6.4.1 Japan Hollow Core Insulator Market by Material
10.2.6.4.2 Japan Hollow Core Insulator Market by Voltage
10.2.6.4.3 Japan Hollow Core Insulator Market by Application
10.2.6.5 South Korea Hollow Core Insulator Market
10.2.6.5.1 South Korea Hollow Core Insulator Market by Material
10.2.6.5.2 South Korea Hollow Core Insulator Market by Voltage
10.2.6.5.3 South Korea Hollow Core Insulator Market by Application
10.2.6.6 Rest of Asia-Pacific Hollow Core Insulator Market
10.2.6.6.1 Rest of Asia-Pacific Hollow Core Insulator Market by Material
10.2.6.6.2 Rest of Asia-Pacific Hollow Core Insulator Market by Voltage
10.2.6.6.3 Rest of Asia-Pacific Hollow Core Insulator Market by Application
10.3. MIDDLE EAST AND AFRICA
10.3.1 Middle East and Africa Hollow Core Insulator Market Overview
10.3.2 Middle East and Africa Hollow Core Insulator Market Forecasts and Analysis
10.3.3 Middle East and Africa Hollow Core Insulator Market Forecasts and Analysis - By Material
10.3.4 Middle East and Africa Hollow Core Insulator Market Forecasts and Analysis - By Voltage
10.3.5 Middle East and Africa Hollow Core Insulator Market Forecasts and Analysis - By Application
10.3.6 Middle East and Africa Hollow Core Insulator Market Forecasts and Analysis - By Countries
10.3.6.1 South Africa Hollow Core Insulator Market
10.3.6.1.1 South Africa Hollow Core Insulator Market by Material
10.3.6.1.2 South Africa Hollow Core Insulator Market by Voltage
10.3.6.1.3 South Africa Hollow Core Insulator Market by Application
10.3.6.2 Saudi Arabia Hollow Core Insulator Market
10.3.6.2.1 Saudi Arabia Hollow Core Insulator Market by Material
10.3.6.2.2 Saudi Arabia Hollow Core Insulator Market by Voltage
10.3.6.2.3 Saudi Arabia Hollow Core Insulator Market by Application
10.3.6.3 U.A.E Hollow Core Insulator Market
10.3.6.3.1 U.A.E Hollow Core Insulator Market by Material
10.3.6.3.2 U.A.E Hollow Core Insulator Market by Voltage
10.3.6.3.3 U.A.E Hollow Core Insulator Market by Application
10.3.6.4 Rest of Middle East and Africa Hollow Core Insulator Market
10.3.6.4.1 Rest of Middle East and Africa Hollow Core Insulator Market by Material
10.3.6.4.2 Rest of Middle East and Africa Hollow Core Insulator Market by Voltage
10.3.6.4.3 Rest of Middle East and Africa Hollow Core Insulator Market by Application
10.4. SOUTH AND CENTRAL AMERICA
10.4.1 South and Central America Hollow Core Insulator Market Overview
10.4.2 South and Central America Hollow Core Insulator Market Forecasts and Analysis
10.4.3 South and Central America Hollow Core Insulator Market Forecasts and Analysis - By Material
10.4.4 South and Central America Hollow Core Insulator Market Forecasts and Analysis - By Voltage
10.4.5 South and Central America Hollow Core Insulator Market Forecasts and Analysis - By Application
10.4.6 South and Central America Hollow Core Insulator Market Forecasts and Analysis - By Countries
10.4.6.1 Brazil Hollow Core Insulator Market
10.4.6.1.1 Brazil Hollow Core Insulator Market by Material
10.4.6.1.2 Brazil Hollow Core Insulator Market by Voltage
10.4.6.1.3 Brazil Hollow Core Insulator Market by Application
10.4.6.2 Argentina Hollow Core Insulator Market
10.4.6.2.1 Argentina Hollow Core Insulator Market by Material
10.4.6.2.2 Argentina Hollow Core Insulator Market by Voltage
10.4.6.2.3 Argentina Hollow Core Insulator Market by Application
10.4.6.3 Rest of South and Central America Hollow Core Insulator Market
10.4.6.3.1 Rest of South and Central America Hollow Core Insulator Market by Material
10.4.6.3.2 Rest of South and Central America Hollow Core Insulator Market by Voltage
10.4.6.3.3 Rest of South and Central America Hollow Core Insulator Market by Application
11. INDUSTRY LANDSCAPE
11.1. MERGERS AND ACQUISITIONS
11.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
11.3. NEW PRODUCT LAUNCHES
11.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
12. HOLLOW CORE INSULATOR MARKET, KEY COMPANY PROFILES
12.1. ABB LTD
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. ALLIED INSULATORS 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. CAD SCHROER UK 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. CTC INSULATORS CO LTD
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. LAPP INSUALTORS GMBH
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. MASCHINENFABRIK REINHAUSEN GMBH
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. MODERN INSULATORS 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. PPC AUSTRIA HOLDING GMBH,
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. SAVER S.P.A
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. T.E CONNECTIVITY
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. ABB Ltd
2. Allied Insulators Ltd
3. CAD Schroer UK Ltd
4. CTC Insulators Co Ltd
5. Lapp Insualtors GmbH
6. Maschinenfabrik Reinhausen GmbH
7. Modern Insulators Ltd.
8. PPC Austria Holding GmbH,
9. saver S.P.A
10. T.E Connectivity
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.
Get Free Sample For