Industrial Cooking Fire Protection Systems Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis
The fire detection management systems and fire protection systems are installed in commercial kitchens and food processing units to support prevent fires and to diminish the impact of fires that can result in loss of life and property. Industrial food processing units that employ high-energy cooking equipment are susceptible to fire accidents that can cause irreversible loss to life or property. Some of the commercial cooking equipment utilized in food processing units are ovens, industrial oil cookers, deep fat fryers, and other equipment.
MARKET DYNAMICS
The growth of the industrial cooking fire protection systems market is driven by the modernization of commercial kitchens and the inclusion of technology for increased efficiency. Moreover, the necessity of protection against fire hazards in industrial kitchens that use high-energy cooking equipment is anticipated to boost the growth of the industrial cooking fire protection systems market.
MARKET SCOPE
The Global Industrial Cooking Fire Protection Systems Market Analysis to 2031 is a specialized and in-depth study of the industrial cooking fire protection systems market with a special focus on the global market trend analysis. The report aims to provide an overview of industrial cooking fire protection systems market with detailed market segmentation by product, service. The global industrial cooking fire protection systems market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading industrial cooking fire protection systems market players and offers key trends and opportunities in the industrial cooking fire protection systems market.
MARKET SEGMENTATION
The global industrial cooking fire protection systems market is segmented on the basis of product, service. On the basis of product, the market is segmented as fire detection systems, fire management systems, fire sprinkler systems, fire extinguishing systems. On the basis of service, the market is segmented as engineering services, installation and design services, maintenance services, managed services, other.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global industrial cooking fire protection systems market based on various segments. It also provides market size and forecast estimates from year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The industrial cooking fire protection systems market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting industrial cooking fire protection systems market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the industrial cooking fire protection systems market in these regions.
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
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global industrial cooking fire protection systems market based on various segments. It also provides market size and forecast estimates from year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The industrial cooking fire protection systems market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting industrial cooking fire protection systems market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the industrial cooking fire protection systems market in these regions.
MARKET PLAYERS
The reports cover key developments in the industrial cooking fire protection systems market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from industrial cooking fire protection systems market are anticipated to lucrative growth opportunities in the future with the rising demand for industrial cooking fire protection systems market. Below mentioned is the list of few companies engaged in the industrial cooking fire protection systems market.
The report also includes the profiles of key industrial cooking fire protection systems market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
- APi GROUP
- Emerson Electric Co.
- Gentex Corporation
- Halma Plc
- Hochiki America Corporation
- Honeywell International Inc.
- Johnson Controls, Inc.
- National Fire Fighting Manufacturing Company (Naffco)
- Robert Bosch GmbH
- Siemens AG
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
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
1.INTRODUCTION
1.1.SCOPE OF THE STUDY
1.2.THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3.MARKET SEGMENTATION
1.3.1Industrial Cooking Fire Protection Systems Market - By Product
1.3.2Industrial Cooking Fire Protection Systems Market - By Service
1.3.3Industrial Cooking Fire Protection Systems Market - By Region
1.3.3.1By Country
2.KEY TAKEAWAYS
3.RESEARCH METHODOLOGY
4.INDUSTRIAL COOKING FIRE PROTECTION SYSTEMS MARKET LANDSCAPE
4.1.OVERVIEW
4.2.PEST ANALYSIS
4.2.1North America - Pest Analysis
4.2.2Europe - Pest Analysis
4.2.3Asia-Pacific - Pest Analysis
4.2.4Middle East and Africa - Pest Analysis
4.2.5South and Central America - Pest Analysis
4.3.ECOSYSTEM ANALYSIS
4.4.EXPERT OPINIONS
5.INDUSTRIAL COOKING FIRE PROTECTION SYSTEMS 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.INDUSTRIAL COOKING FIRE PROTECTION SYSTEMS MARKET - GLOBAL MARKET ANALYSIS
6.1.INDUSTRIAL COOKING FIRE PROTECTION SYSTEMS - GLOBAL MARKET OVERVIEW
6.2.INDUSTRIAL COOKING FIRE PROTECTION SYSTEMS - GLOBAL MARKET AND FORECAST TO 2028
6.3.MARKET POSITIONING/MARKET SHARE
7.INDUSTRIAL COOKING FIRE PROTECTION SYSTEMS MARKET - REVENUE AND FORECASTS TO 2028 " PRODUCT
7.1.OVERVIEW
7.2.PRODUCT MARKET FORECASTS AND ANALYSIS
7.3.FIRE DETECTION SYSTEMS
7.3.1.Overview
7.3.2.Fire Detection Systems Market Forecast and Analysis
7.4.FIRE MANAGEMENT SYSTEMS
7.4.1.Overview
7.4.2.Fire Management Systems Market Forecast and Analysis
7.5.FIRE SPRINKLER SYSTEMS
7.5.1.Overview
7.5.2.Fire sprinkler Systems Market Forecast and Analysis
7.6.FIRE EXTINGUISHING SYSTEMS
7.6.1.Overview
7.6.2.Fire Extinguishing Systems Market Forecast and Analysis
8.INDUSTRIAL COOKING FIRE PROTECTION SYSTEMS MARKET - REVENUE AND FORECASTS TO 2028 " SERVICE
8.1.OVERVIEW
8.2.SERVICE MARKET FORECASTS AND ANALYSIS
8.3.ENGINEERING SERVICES
8.3.1.Overview
8.3.2.Engineering Services Market Forecast and Analysis
8.4.INSTALLATION AND DESIGN SERVICES
8.4.1.Overview
8.4.2.Installation and Design Services Market Forecast and Analysis
8.5.MAINTENANCE SERVICES
8.5.1.Overview
8.5.2.Maintenance Services Market Forecast and Analysis
8.6.MANAGED SERVICES
8.6.1.Overview
8.6.2.Managed Services Market Forecast and Analysis
8.7.OTHER
8.7.1.Overview
8.7.2.Other Market Forecast and Analysis
9.INDUSTRIAL COOKING FIRE PROTECTION SYSTEMS MARKET REVENUE AND FORECASTS TO 2028 " GEOGRAPHICAL ANALYSIS
9.1.NORTH AMERICA
9.1.1North America Industrial Cooking Fire Protection Systems Market Overview
9.1.2North America Industrial Cooking Fire Protection Systems Market Forecasts and Analysis
9.1.3North America Industrial Cooking Fire Protection Systems Market Forecasts and Analysis - By Product
9.1.4North America Industrial Cooking Fire Protection Systems Market Forecasts and Analysis - By Service
9.1.5North America Industrial Cooking Fire Protection Systems Market Forecasts and Analysis - By Countries
9.1.5.1United States Industrial Cooking Fire Protection Systems Market
9.1.5.1.1United States Industrial Cooking Fire Protection Systems Market by Product
9.1.5.1.2United States Industrial Cooking Fire Protection Systems Market by Service
9.1.5.2Canada Industrial Cooking Fire Protection Systems Market
9.1.5.2.1Canada Industrial Cooking Fire Protection Systems Market by Product
9.1.5.2.2Canada Industrial Cooking Fire Protection Systems Market by Service
9.1.5.3Mexico Industrial Cooking Fire Protection Systems Market
9.1.5.3.1Mexico Industrial Cooking Fire Protection Systems Market by Product
9.1.5.3.2Mexico Industrial Cooking Fire Protection Systems Market by Service
9.2.EUROPE
9.2.1Europe Industrial Cooking Fire Protection Systems Market Overview
9.2.2Europe Industrial Cooking Fire Protection Systems Market Forecasts and Analysis
9.2.3Europe Industrial Cooking Fire Protection Systems Market Forecasts and Analysis - By Product
9.2.4Europe Industrial Cooking Fire Protection Systems Market Forecasts and Analysis - By Service
9.2.5Europe Industrial Cooking Fire Protection Systems Market Forecasts and Analysis - By Countries
9.2.5.1Germany Industrial Cooking Fire Protection Systems Market
9.2.5.1.1Germany Industrial Cooking Fire Protection Systems Market by Product
9.2.5.1.2Germany Industrial Cooking Fire Protection Systems Market by Service
9.2.5.2France Industrial Cooking Fire Protection Systems Market
9.2.5.2.1France Industrial Cooking Fire Protection Systems Market by Product
9.2.5.2.2France Industrial Cooking Fire Protection Systems Market by Service
9.2.5.3Italy Industrial Cooking Fire Protection Systems Market
9.2.5.3.1Italy Industrial Cooking Fire Protection Systems Market by Product
9.2.5.3.2Italy Industrial Cooking Fire Protection Systems Market by Service
9.2.5.4United Kingdom Industrial Cooking Fire Protection Systems Market
9.2.5.4.1United Kingdom Industrial Cooking Fire Protection Systems Market by Product
9.2.5.4.2United Kingdom Industrial Cooking Fire Protection Systems Market by Service
9.2.5.5Russia Industrial Cooking Fire Protection Systems Market
9.2.5.5.1Russia Industrial Cooking Fire Protection Systems Market by Product
9.2.5.5.2Russia Industrial Cooking Fire Protection Systems Market by Service
9.2.5.6Rest of Europe Industrial Cooking Fire Protection Systems Market
9.2.5.6.1Rest of Europe Industrial Cooking Fire Protection Systems Market by Product
9.2.5.6.2Rest of Europe Industrial Cooking Fire Protection Systems Market by Service
9.3.ASIA-PACIFIC
9.3.1Asia-Pacific Industrial Cooking Fire Protection Systems Market Overview
9.3.2Asia-Pacific Industrial Cooking Fire Protection Systems Market Forecasts and Analysis
9.3.3Asia-Pacific Industrial Cooking Fire Protection Systems Market Forecasts and Analysis - By Product
9.3.4Asia-Pacific Industrial Cooking Fire Protection Systems Market Forecasts and Analysis - By Service
9.3.5Asia-Pacific Industrial Cooking Fire Protection Systems Market Forecasts and Analysis - By Countries
9.3.5.1Australia Industrial Cooking Fire Protection Systems Market
9.3.5.1.1Australia Industrial Cooking Fire Protection Systems Market by Product
9.3.5.1.2Australia Industrial Cooking Fire Protection Systems Market by Service
9.3.5.2China Industrial Cooking Fire Protection Systems Market
9.3.5.2.1China Industrial Cooking Fire Protection Systems Market by Product
9.3.5.2.2China Industrial Cooking Fire Protection Systems Market by Service
9.3.5.3India Industrial Cooking Fire Protection Systems Market
9.3.5.3.1India Industrial Cooking Fire Protection Systems Market by Product
9.3.5.3.2India Industrial Cooking Fire Protection Systems Market by Service
9.3.5.4Japan Industrial Cooking Fire Protection Systems Market
9.3.5.4.1Japan Industrial Cooking Fire Protection Systems Market by Product
9.3.5.4.2Japan Industrial Cooking Fire Protection Systems Market by Service
9.3.5.5South Korea Industrial Cooking Fire Protection Systems Market
9.3.5.5.1South Korea Industrial Cooking Fire Protection Systems Market by Product
9.3.5.5.2South Korea Industrial Cooking Fire Protection Systems Market by Service
9.3.5.6Rest of Asia-Pacific Industrial Cooking Fire Protection Systems Market
9.3.5.6.1Rest of Asia-Pacific Industrial Cooking Fire Protection Systems Market by Product
9.3.5.6.2Rest of Asia-Pacific Industrial Cooking Fire Protection Systems Market by Service
9.4.MIDDLE EAST AND AFRICA
9.4.1Middle East and Africa Industrial Cooking Fire Protection Systems Market Overview
9.4.2Middle East and Africa Industrial Cooking Fire Protection Systems Market Forecasts and Analysis
9.4.3Middle East and Africa Industrial Cooking Fire Protection Systems Market Forecasts and Analysis - By Product
9.4.4Middle East and Africa Industrial Cooking Fire Protection Systems Market Forecasts and Analysis - By Service
9.4.5Middle East and Africa Industrial Cooking Fire Protection Systems Market Forecasts and Analysis - By Countries
9.4.5.1South Africa Industrial Cooking Fire Protection Systems Market
9.4.5.1.1South Africa Industrial Cooking Fire Protection Systems Market by Product
9.4.5.1.2South Africa Industrial Cooking Fire Protection Systems Market by Service
9.4.5.2Saudi Arabia Industrial Cooking Fire Protection Systems Market
9.4.5.2.1Saudi Arabia Industrial Cooking Fire Protection Systems Market by Product
9.4.5.2.2Saudi Arabia Industrial Cooking Fire Protection Systems Market by Service
9.4.5.3U.A.E Industrial Cooking Fire Protection Systems Market
9.4.5.3.1U.A.E Industrial Cooking Fire Protection Systems Market by Product
9.4.5.3.2U.A.E Industrial Cooking Fire Protection Systems Market by Service
9.4.5.4Rest of Middle East and Africa Industrial Cooking Fire Protection Systems Market
9.4.5.4.1Rest of Middle East and Africa Industrial Cooking Fire Protection Systems Market by Product
9.4.5.4.2Rest of Middle East and Africa Industrial Cooking Fire Protection Systems Market by Service
9.5.SOUTH AND CENTRAL AMERICA
9.5.1South and Central America Industrial Cooking Fire Protection Systems Market Overview
9.5.2South and Central America Industrial Cooking Fire Protection Systems Market Forecasts and Analysis
9.5.3South and Central America Industrial Cooking Fire Protection Systems Market Forecasts and Analysis - By Product
9.5.4South and Central America Industrial Cooking Fire Protection Systems Market Forecasts and Analysis - By Service
9.5.5South and Central America Industrial Cooking Fire Protection Systems Market Forecasts and Analysis - By Countries
9.5.5.1Brazil Industrial Cooking Fire Protection Systems Market
9.5.5.1.1Brazil Industrial Cooking Fire Protection Systems Market by Product
9.5.5.1.2Brazil Industrial Cooking Fire Protection Systems Market by Service
9.5.5.2Argentina Industrial Cooking Fire Protection Systems Market
9.5.5.2.1Argentina Industrial Cooking Fire Protection Systems Market by Product
9.5.5.2.2Argentina Industrial Cooking Fire Protection Systems Market by Service
9.5.5.3Rest of South and Central America Industrial Cooking Fire Protection Systems Market
9.5.5.3.1Rest of South and Central America Industrial Cooking Fire Protection Systems Market by Product
9.5.5.3.2Rest of South and Central America Industrial Cooking Fire Protection Systems Market by Service
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.INDUSTRIAL COOKING FIRE PROTECTION SYSTEMS MARKET, KEY COMPANY PROFILES
11.1.APIÂ GROUP
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.EMERSON ELECTRIC CO.
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.GENTEX CORPORATION
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.HALMA PLC
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.HOCHIKI AMERICA CORPORATION
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.HONEYWELL INTERNATIONAL INC.
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.JOHNSON CONTROLS, 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.NATIONAL FIRE FIGHTING MANUFACTURING COMPANY (NAFFCO)
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.ROBERT BOSCH GMBH
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.SIEMENS AG
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. APi GROUP
2. Emerson Electric Co.
3. Gentex Corporation
4. Halma Plc
5. Hochiki America Corporation
6. Honeywell International Inc.
7. Johnson Controls, Inc.
8. National Fire Fighting Manufacturing Company (Naffco)
9. Robert Bosch GmbH
10. Siemens AG
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.