Industrial Gas Sensor Market Forecast (2024-2031)
The Industrial Gas Sensor Market is expected to register a CAGR of 8.1% from 2023 to 2031, with a market size expanding from US$ XX million in 2023 to US$ XX Million by 2031.
The report is segmented by Type (Oxygen Sensors, Carbon Dioxide Sensors, Carbon Monoxide Sensors, and NOx Sensors), Technology (Electrochemical, Semiconductor, Solid State, Photo Ionization Detector (PID), Catalytic, and Infrared), Application (Chemical & Petrochemical, Oil & Gas, and Metal). 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 Industrial Gas Sensor 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.
Industrial Gas Sensor Market Segmentation
Type- Oxygen Sensors
- Carbon Dioxide Sensors
- Carbon Monoxide Sensors
- NOx Sensors
- Electrochemical
- Semiconductor
- Solid State
- Photo Ionization Detector
- Catalytic
- Infrared
- Chemical & Petrochemical
- Oil & Gas
- Metal
- North America
- Europe
- Asia-Pacific
- South and Central America
- Middle East and Africa
- North America
- Europe
- Asia-Pacific
- South and Central America
- Middle East and Africa
Strategic Insights
Industrial Gas Sensor Market Growth Drivers- Rising Safety Regulations and Environmental Standards: Stringent safety regulations and environmental standards are major drivers for the industrial gas sensor market. As industries such as oil and gas, chemical, manufacturing, and mining face increasing scrutiny from governments and regulatory bodies, there is a heightened need for reliable gas detection systems to ensure worker safety and minimize environmental risks. Gas sensors help detect hazardous gases like carbon monoxide, methane, hydrogen sulfide, and volatile organic compounds (VOCs), ensuring compliance with occupational health and safety regulations, environmental protection laws, and industry-specific standards.
- Growth in Industrial Automation and IoT Integration: The growing trend of industrial automation and the integration of Internet of Things (IoT) technologies is another key driver for the industrial gas sensor market. As factories and industrial plants increasingly deploy automated systems for monitoring and control, the demand for gas sensors that can seamlessly integrate with IoT networks is expanding. These sensors provide real-time data and alerts to central systems, enhancing operational efficiency, predictive maintenance, and safety in industrial environments. The shift toward smart factories, where IoT-enabled sensors monitor various parameters, including gas concentrations, is fueling the demand for advanced industrial gas sensors.
- Miniaturization and Portability: A key trend in the industrial gas sensor market is the miniaturization and portability of gas sensors. Smaller, more compact sensors are becoming increasingly popular, allowing for easier installation, integration, and mobility in industrial applications. Portable gas detectors that can be worn by workers or used in different parts of a facility are gaining traction in industries where workers need continuous monitoring for gas exposure. These compact devices provide high performance and are more convenient, enhancing the safety and mobility of personnel working in hazardous environments.
- Advancements in Wireless and Remote Sensing Technologies: Another important trend is the development of wireless and remote sensing technologies for gas detection. As industrial operations become more connected and digitized, wireless gas sensors that can transmit data to centralized systems or cloud platforms are becoming more widespread. These sensors enable real-time monitoring and immediate alerts, improving safety and operational efficiency. Remote sensing technologies also allow for monitoring hard-to-reach or hazardous areas, reducing the need for manual inspections and increasing the reliability of gas detection systems. This trend aligns with the broader adoption of IoT and automation in industrial applications.
- Integration of Multi-Gas Detection Systems: There is an opportunity for the development and growth of multi-gas detection systems, which can simultaneously monitor a range of hazardous gases in complex industrial environments. Multi-gas sensors offer cost-effective and space-efficient solutions, enabling industries to monitor a variety of gases with a single device. This is especially beneficial in sectors like petrochemical plants, power generation, and mining, where multiple gas hazards are present. As industries focus on streamlining operations and enhancing safety, multi-gas sensor solutions provide a significant growth opportunity.
- Emerging Applications in Environmental Monitoring: Industrial gas sensors are also finding new opportunities in environmental monitoring, beyond traditional industrial settings. As concerns over air quality, pollution, and climate change intensify, there is growing demand for gas sensors in environmental monitoring applications. For example, sensors are increasingly used in urban air quality monitoring, emissions tracking from transportation systems, and pollution control in industrial emissions. The ability to detect harmful gases in real-time and help organizations comply with environmental standards presents significant growth potential for the industrial gas sensor market in the environmental sector.
Market Report Scope
Key Selling Points
- Comprehensive Coverage: The report comprehensively covers the analysis of products, services, types, and end users of the Industrial Gas Sensor 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 Industrial Gas Sensor Market can, therefore, help spearhead the trail of decoding and understanding the industry scenario and growth prospects. Although there can be a few valid concerns, the overall benefits of this report tend to outweigh the disadvantages.
REGIONAL FRAMEWORK
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- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
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to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
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to country scope.
Frequently Asked Questions
The Industrial Gas Sensor Market is estimated to witness a CAGR of 8.1% from 2023 to 2031
Increasing Industrial Safety Regulations, Increased awareness of Environmental Monitoring, Expansion of the Oil and Gas Industry
This includes increasingly more wireless gas sensors
The report can be delivered in PDF/PPT format; we can also share excel dataset based on the request
Some of the customization options available based on the request are an additional 3-5 company profiles and country-specific analysis of 3-5 countries of your choice. Customizations are to be requested/discussed before making final order confirmation# as our team would review the same and check the feasibility
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
- Industrial Gas Sensor Market - By Type
- Industrial Gas Sensor Market - By Technology
- Industrial Gas Sensor Market - By Application
- Industrial Gas Sensor Market - By Region
o By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. INDUSTRIAL GAS SENSOR MARKET LANDSCAPE
4.1. OVERVIEW
4.2. ECOSYSTEM ANALYSIS
4.3. PEST ANALYSIS
4.3.1. North America - PEST Analysis
4.3.2. Europe - PEST Analysis
4.3.3. Asia Pacific (APAC) - PEST Analysis
4.3.4. Middle East & Africa (MEA) - PEST Analysis
4.3.5. South America (SAM)- PEST Analysis
5. INDUSTRIAL GAS SENSOR MARKET - KEY INDUSTRY 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. INDUSTRIAL GAS SENSOR MARKET - GLOBAL MARKET ANALYSIS
6.1. INDUSTRIAL GAS SENSOR - GLOBAL MARKET OVERVIEW
6.2. INDUSTRIAL GAS SENSOR - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/ MARKET SHARE
7. INDUSTRIAL GAS SENSOR MARKET REVENUE AND FORECASTS TO 2028 - TYPE
7.1. OVERVIEW
7.2. TYPE MARKET FORECASTS AND ANALYSIS
7.3. OXYGEN SENSORS
7.3.1. Overview
7.3.2. Oxygen Sensors Market Forecast and Analysis
7.4. CARBON DIOXIDE SENSORS
7.4.1. Overview
7.4.2. Carbon Dioxide Sensors Market Forecast and Analysis
7.5. CARBON MONOXIDE SENSORS
7.5.1. Overview
7.5.2. Carbon Monoxide Sensors Market Forecast and Analysis
7.6. NOX SENSORS
7.6.1. Overview
7.6.2. NOx Sensors Market Forecast and Analysis
7.7. OTHERS
7.7.1. Overview
7.7.2. Others Market Forecast and Analysis
8. INDUSTRIAL GAS SENSOR MARKET REVENUE AND FORECASTS TO 2028 - TECHNOLOGY
8.1. OVERVIEW
8.2. TECHNOLOGY MARKET FORECASTS AND ANALYSIS
8.3. ELECTROCHEMICAL
8.3.1. Overview
8.3.2. Electrochemical Market Forecast and Analysis
8.4. SEMICONDUCTOR
8.4.1. Overview
8.4.2. Semiconductor Market Forecast and Analysis
8.5. SOLID STATE
8.5.1. Overview
8.5.2. Solid State Market Forecast and Analysis
8.6. PHOTO IONIZATION DETECTOR (PID)
8.6.1. Overview
8.6.2. Photo Ionization Detector (PID) Market Forecast and Analysis
8.7. CATALYTIC
8.7.1. Overview
8.7.2. Catalytic Market Forecast and Analysis
8.8. INFRARED
8.8.1. Overview
8.8.2. Infrared Market Forecast and Analysis
8.9. OTHERS
8.9.1. Overview
8.9.2. Others Market Forecast and Analysis
9. INDUSTRIAL GAS SENSOR MARKET REVENUE AND FORECASTS TO 2028 - APPLICATION
9.1. OVERVIEW
9.2. APPLICATION MARKET FORECASTS AND ANALYSIS
9.3. CHEMICAL & PETROCHEMICAL
9.3.1. Overview
9.3.2. Chemical & Petrochemical Market Forecast and Analysis
9.4. OIL & GAS
9.4.1. Overview
9.4.2. Oil & Gas Market Forecast and Analysis
9.5. METAL
9.5.1. Overview
9.5.2. Metal Market Forecast and Analysis
9.6. OTHERS
9.6.1. Overview
9.6.2. Others Market Forecast and Analysis
10. INDUSTRIAL GAS SENSOR MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
10.1. NORTH AMERICA
10.1.1. North America Industrial Gas Sensor Market Overview
10.1.2. North America Industrial Gas Sensor Market Forecasts and Analysis
10.1.3. North America Market Forecasts and Analysis - By Type
10.1.4. North America Market Forecasts and Analysis - By Technology
10.1.5. North America Market Forecasts and Analysis - By Application
10.1.6. North America Market Forecasts and Analysis - By Countries
10.1.6.1. US market
10.1.6.1.1. US Market by Type
10.1.6.1.2. US Market by Technology
10.1.6.1.3. US Market by Application
10.1.6.2. Canada market
10.1.6.2.1. Canada Market by Type
10.1.6.2.2. Canada Market by Technology
10.1.6.2.3. Canada Market by Application
10.1.6.3. Mexico market
10.1.6.3.1. Mexico Market by Type
10.1.6.3.2. Mexico Market by Technology
10.1.6.3.3. Mexico Market by Application
10.2. EUROPE
10.2.1. Europe Industrial Gas Sensor Market Overview
10.2.2. Europe Industrial Gas Sensor Market Forecasts and Analysis
10.2.3. Europe Market Forecasts and Analysis - By Type
10.2.4. Europe Market Forecasts and Analysis - By Technology
10.2.5. Europe Market Forecasts and Analysis - By Application
10.2.6. Europe Market Forecasts and Analysis - By Countries
10.2.6.1. France market
10.2.6.1.1. France Market by Type
10.2.6.1.2. France Market by Technology
10.2.6.1.3. France Market by Application
10.2.6.2. Germany market
10.2.6.2.1. Germany Market by Type
10.2.6.2.2. Germany Market by Technology
10.2.6.2.3. Germany Market by Application
10.2.6.3. Italy market
10.2.6.3.1. Italy Market by Type
10.2.6.3.2. Italy Market by Technology
10.2.6.3.3. Italy Market by Application
10.2.6.4. Russia market
10.2.6.4.1. Russia Market by Type
10.2.6.4.2. Russia Market by Technology
10.2.6.4.3. Russia Market by Application
10.2.6.5. UK market
10.2.6.5.1. UK Market by Type
10.2.6.5.2. UK Market by Technology
10.2.6.5.3. UK Market by Application
10.2.6.6. Rest of Europe market
10.2.6.6.1. Rest of Europe Market by Type
10.2.6.6.2. Rest of Europe Market by Technology
10.2.6.6.3. Rest of Europe Market by Application
10.3. ASIA PACIFIC (APAC)
10.3.1. Asia Pacific Industrial Gas Sensor Market Overview
10.3.2. Asia Pacific Industrial Gas Sensor Market Forecasts and Analysis
10.3.3. Asia Pacific Market Forecasts and Analysis - By Type
10.3.4. Asia Pacific Market Forecasts and Analysis - By Technology
10.3.5. Asia Pacific Market Forecasts and Analysis - By Application
10.3.6. Asia Pacific Market Forecasts and Analysis - By Countries
10.3.6.1. South Korea
10.3.6.1.1. South Korea Market by Type
10.3.6.1.2. South Korea Market by Technology
10.3.6.1.3. South Korea Market by Application
10.3.6.2. China market
10.3.6.2.1. China Market by Type
10.3.6.2.2. China Market by Technology
10.3.6.2.3. China Market by Application
10.3.6.3. India market
10.3.6.3.1. India Market by Type
10.3.6.3.2. India Market by Technology
10.3.6.3.3. India Market by Application
10.3.6.4. Japan market
10.3.6.4.1. Japan Market by Type
10.3.6.4.2. Japan Market by Technology
10.3.6.4.3. Japan Market by Application
10.3.6.5. Australia market
10.3.6.5.1. Australia Market by Type
10.3.6.5.2. Australia Market by Technology
10.3.6.5.3. Australia Market by Application
10.3.6.6. Rest of APAC market
10.3.6.6.1. Rest of APAC Market by Type
10.3.6.6.2. Rest of APAC Market by Technology
10.3.6.6.3. Rest of APAC Market by Application
10.4. MIDDLE EAST AND AFRICA (MEA)
10.4.1. Middle East and Africa Industrial Gas Sensor Market Overview
10.4.2. Middle East and Africa Industrial Gas Sensor Market Forecasts and Analysis
10.4.3. Middle East and Africa Market Forecasts and Analysis - By Type
10.4.4. Middle East and Africa Market Forecasts and Analysis - By Technology
10.4.5. Middle East and Africa Market Forecasts and Analysis - By Application
10.4.6. Middle East and Africa Market Forecasts and Analysis - By Countries
10.4.6.1. South Africa market
10.4.6.1.1. South Africa Market by Type
10.4.6.1.2. South Africa Market by Technology
10.4.6.1.3. South Africa Market by Application
10.4.6.2. Saudi Arabia market
10.4.6.2.1. Saudi Arabia Market by Type
10.4.6.2.2. Saudi Arabia Market by Technology
10.4.6.2.3. Saudi Arabia Market by Application
10.4.6.3. UAE market
10.4.6.3.1. UAE Market by Type
10.4.6.3.2. UAE Market by Technology
10.4.6.3.3. UAE Market by Application
10.4.6.4. Rest of MEA market
10.4.6.4.1. Rest of MEA Market by Type
10.4.6.4.2. Rest of MEA Market by Technology
10.4.6.4.3. Rest of MEA Market by Application
10.5. SOUTH AMERICA (SAM)
10.5.1. South America Industrial Gas Sensor Market Overview
10.5.2. South America Industrial Gas Sensor Market Forecasts and Analysis
10.5.3. South America Market Forecasts and Analysis - By Type
10.5.4. South America Market Forecasts and Analysis - By Technology
10.5.5. South America Market Forecasts and Analysis - By Application
10.5.6. South America Market Forecasts and Analysis - By Countries
10.5.6.1. Brazil market
10.5.6.1.1. Brazil Market by Type
10.5.6.1.2. Brazil Market by Technology
10.5.6.1.3. Brazil Market by Application
10.5.6.2. Argentina market
10.5.6.2.1. Argentina Market by Type
10.5.6.2.2. Argentina Market by Technology
10.5.6.2.3. Argentina Market by Application
10.5.6.3. Rest of SAM market
10.5.6.3.1. Rest of SAM Market by Type
10.5.6.3.2. Rest of SAM Market by Technology
10.5.6.3.3. Rest of SAM Market by Application
11. INDUSTRY LANDSCAPE
11.1. MERGERS & ACQUISITIONS
11.2. MARKET INITIATIVES
11.3. NEW DEVELOPMENTS
12. INDUSTRIAL GAS SENSOR MARKET, KEY COMPANY PROFILES
12.1. ABB LTD.
12.1.1. Key Facts
12.1.2. Business Description
12.1.3. Products & Services
12.1.4. Financial Overview
12.1.5. SWOT Analysis
12.1.6. Key Developments
12.2. AEROQUAL
12.2.1. Key Facts
12.2.2. Business Description
12.2.3. Products & Services
12.2.4. Financial Overview
12.2.5. SWOT Analysis
12.2.6. Key Developments
12.3. ENMET, LLC
12.3.1. Key Facts
12.3.2. Business Description
12.3.3. Products & Services
12.3.4. Financial Overview
12.3.5. SWOT Analysis
12.3.6. Key Developments
12.4. EURO-GAS MANAGEMENT SERVICES LTD.
12.4.1. Key Facts
12.4.2. Business Description
12.4.3. Products & Services
12.4.4. Financial Overview
12.4.5. SWOT Analysis
12.4.6. Key Developments
12.5. FIGARO USA, INC.
12.5.1. Key Facts
12.5.2. Business Description
12.5.3. Products & Services
12.5.4. Financial Overview
12.5.5. SWOT Analysis
12.5.6. Key Developments
12.6. HONEYWELL INTERNATIONAL
12.6.1. Key Facts
12.6.2. Business Description
12.6.3. Products & Services
12.6.4. Financial Overview
12.6.5. SWOT Analysis
12.6.6. Key Developments
12.7. PEM-TECH, INC.
12.7.1. Key Facts
12.7.2. Business Description
12.7.3. Products & Services
12.7.4. Financial Overview
12.7.5. SWOT Analysis
12.7.6. Key Developments
12.8. SENSIDYNE, LP
12.8.1. Key Facts
12.8.2. Business Description
12.8.3. Products & Services
12.8.4. Financial Overview
12.8.5. SWOT Analysis
12.8.6. Key Developments
12.9. SENSIRION
12.9.1. Key Facts
12.9.2. Business Description
12.9.3. Products & Services
12.9.4. Financial Overview
12.9.5. SWOT Analysis
12.9.6. Key Developments
12.10. SIEMENS AG
12.10.1. Key Facts
12.10.2. Business Description
12.10.3. Products & 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. Aeroqual
3. ENMET, LLC
4. Euro-Gas Management Services Ltd.
5. FIGARO USA, Inc.
6. Honeywell International
7. Pem-Tech, Inc.
8. Sensidyne, LP
9. Sensirion
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.
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