Inspection Robotics for Industrial Gas Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

Coverage: Inspection Robotics for Industrial Gas Market covers analysis By Component (Hardware, Software, Services); Application (Offshore, Onshore) , and Geography (North America, Europe, Asia Pacific, and South and Central America)

  • Report Code : TIPRE00019473
  • Category : Manufacturing and Construction
  • No. of Pages : 150
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Inspection Robotics for Industrial Gas Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

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MARKET INTRODUCTION

The robots are getting exponentially used in oil & gas industries to make operation in plants easy and faster. Pertaining to growing upstream and downstream activities in pipelines, tanks, and refineries, the scope of robots for inspecting and maintenance is also rising. Therefore, growing operations in both onshore and offshore areas is projected to fuel the market growth in the forthcoming period.

MARKET DYNAMICS
s
The penetration of robotics is gaining high momentum across the globe with an aim to reduce human errors and improve operational efficiency in refineries and pipelines. This in turn is driving the growth of the inspection robotics in industrial gas plants and thereby stimulating the market growth. Nevertheless, rising oil & gas projects in the US, Saudi Arabia, the UAE, Kuwait, and many more is further projected to positively impact the adoption of inspection robotics in industrial gas plants market. This factor would benefit the players operating in the inspection robotics for industrial gas market.

MARKET SCOPE

The "Global Inspection Robotics for Industrial Gas Market Analysis to 2031" is a specialized and in-depth study of the manufacturing and construction industry with a special focus on the global market trend analysis. The report aims to provide an overview of the inspection robotics for industrial gas market with detailed market segmentation- component, application, and geography. The global inspection robotics for industrial gas market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading inspection robotics for industrial gas market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

The global inspection robotics for industrial gas market is segmented on the basis of component and application. Based on component, the inspection robotics for industrial gas market is segmented into hardware, software, services. On the basis of application, the inspection robotics for industrial gas market is segmented into offshore, onshore.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global inspection robotics for industrial gas market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The inspection robotics for industrial gas market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the inspection robotics for industrial gas market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South & Central America after evaluating political, economic, social and technological factors affecting the inspection robotics for industrial gas in these regions.

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MARKET PLAYERS


The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global inspection robotics for industrial gas market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The inspection robotics for industrial gas market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the inspection robotics for industrial gas market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South & Central America after evaluating political, economic, social and technological factors affecting the inspection robotics for industrial gas in these regions.

MARKET PLAYERS

The reports cover key developments in the inspection robotics for industrial gas 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 the expansion of business and customer base of market players. The market players from inspection robotics for industrial gas market are anticipated to lucrative growth opportunities in the future with the rising demand for inspection robotics for industrial gas in the global market. Below mentioned is the list of few companies engaged in the inspection robotics for industrial gas market.

The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the inspection robotics for industrial gas market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.

  •   ABB Ltd.
  •   Alstom Inspection Robots
  •   Cyberhawk Innovations Ltd.
  •   ECA Group
  •   FMC Technologies Inc.
  •   Flyability SA
  •   General Electric
  •   Honeybee Robotics
  •   Hydrovision Ltd.
  •   IKM Subsea AS

The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.
  • Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
  • Request discounts available for Start-Ups & Universities
Report Coverage
Report Coverage

Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends

Segment Covered
Segment Covered

This text is related
to segments covered.

Regional Scope
Regional Scope

North America, Europe, Asia Pacific, Middle East & Africa, South & Central America

Country Scope
Country Scope

This text is related
to country scope.

TABLE OF CONTENTS

1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Inspection Robotics For Industrial Gas Market - By Component
1.3.2 Inspection Robotics For Industrial Gas Market - By Application
1.3.3 Inspection Robotics For Industrial Gas Market - By Region
1.3.3.1 By Country

2. KEY TAKEAWAYS

3. RESEARCH METHODOLOGY

4. INSPECTION ROBOTICS FOR INDUSTRIAL GAS MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PORTER'S FIVE FORCES ANALYSIS
4.2.1 Bargaining Power of Buyers
4.2.1 Bargaining Power of Suppliers
4.2.1 Threat of Substitute
4.2.1 Threat of New Entrants
4.2.1 Competitive Rivalry
4.3. ECOSYSTEM ANALYSIS
4.4. EXPERT OPINIONS

5. INSPECTION ROBOTICS FOR INDUSTRIAL GAS 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. INSPECTION ROBOTICS FOR INDUSTRIAL GAS MARKET - GLOBAL MARKET ANALYSIS
6.1. INSPECTION ROBOTICS FOR INDUSTRIAL GAS - GLOBAL MARKET OVERVIEW
6.2. INSPECTION ROBOTICS FOR INDUSTRIAL GAS - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE

7. INSPECTION ROBOTICS FOR INDUSTRIAL GAS MARKET - REVENUE AND FORECASTS TO 2028 - COMPONENT
7.1. OVERVIEW
7.2. COMPONENT MARKET FORECASTS AND ANALYSIS
7.3. HARDWARE
7.3.1. Overview
7.3.2. Hardware Market Forecast and Analysis
7.3.3. Sensors and Automation Systems Market
7.3.3.1. Overview
7.3.3.2. Sensors and Automation Systems Market Forecast and Analysis
7.3.4. Steering and Positioning Market
7.3.4.1. Overview
7.3.4.2. Steering and Positioning Market Forecast and Analysis
7.3.5. Imaging System Market
7.3.5.1. Overview
7.3.5.2. Imaging System Market Forecast and Analysis
7.3.6. Others Market
7.3.6.1. Overview
7.3.6.2. Others Market Forecast and Analysis
7.4. SOFTWARE
7.4.1. Overview
7.4.2. Software Market Forecast and Analysis
7.5. SERVICES
7.5.1. Overview
7.5.2. Services Market Forecast and Analysis
8. INSPECTION ROBOTICS FOR INDUSTRIAL GAS MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
8.1. OVERVIEW
8.2. APPLICATION MARKET FORECASTS AND ANALYSIS
8.3. OFFSHORE
8.3.1. Overview
8.3.2. Offshore Market Forecast and Analysis
8.4. ONSHORE
8.4.1. Overview
8.4.2. Onshore Market Forecast and Analysis

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

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. INSPECTION ROBOTICS FOR INDUSTRIAL GAS MARKET, KEY COMPANY PROFILES
11.1. ABB LTD.
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. ALSTOM INSPECTION ROBOTS
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. CYBERHAWK INNOVATIONS LTD.
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. ECA GROUP
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. FMC TECHNOLOGIES INC.
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. FLYABILITY SA
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. GENERAL ELECTRIC
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. HONEYBEE ROBOTICS
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. HYDROVISION LTD.
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. IKM SUBSEA AS
11.10.1. Key Facts
11.10.2. Business Description
11.10.3. Products and Services
11.10.4. Financial Overview
11.10.5. SWOT Analysis
11.10.6. Key Developments

12. APPENDIX
12.1. ABOUT THE INSIGHT PARTNERS
12.2. GLOSSARY OF TERMS
The List of Companies

1. ABB Ltd.
2. Alstom Inspection Robots
3. Cyberhawk Innovations Ltd.
4. ECA Group
5. FMC Technologies Inc.
6. Flyability SA
7. General Electric
8. Honeybee Robotics
9. Hydrovision Ltd.
10. IKM Subsea AS

The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.

  1. Data Collection and Secondary Research:

As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.

Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.

  1. Primary Research:

The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.

For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.

A typical research interview fulfils the following functions:

  • Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
  • Validates and strengthens in-house secondary research findings
  • Develops the analysis team’s expertise and market understanding

Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:

  • Industry participants: VPs, business development managers, market intelligence managers and national sales managers
  • Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.

Below is the breakup of our primary respondents by company, designation, and region:

Research Methodology

Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.

  1. Data Analysis:

Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.

  • 3.1 Macro-Economic Factor Analysis:

We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.

  • 3.2 Country Level Data:

Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.

  • 3.3 Company Profile:

The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.

  • 3.4 Developing Base Number:

Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.

  1. Data Triangulation and Final Review:

The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.

We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.

We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.

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