Light Gauge Steel Framing Market Updates by 2031
MARKET OVERVIEW
Light gauge steel framing is a construction technique that utilizes thin and strong steel to form the structural framework of a building. It has gained popularity in recent years for constructing both residential and commercial structures due to its numerous benefits. One of the significant advantages of light gauge steel framing is its speed and efficiency in construction. Using pre-engineered and pre-cut steel components allows for quicker construction times and reduces the overall project duration while minimizing disruptions on the job site. The lightweight nature of the steel also makes it easier to handle and install, resulting in reduced labor costs and improved safety. Light gauge steel framing is also known for its sustainability and durability. Steel is a highly recyclable and has excellent resistance to fire, pests, and earthquakes, making it a suitable option for building construction. The end-users of light gauge steel framing include residential builders, commercial builders, contractors, and others. The demand for this construction method is expected to grow in the future as more people seek fast, efficient, and sustainable building solutions. The market's future looks promising, driven by the increasing demand for fast, efficient, and sustainable building solutions.
MARKET SCOPE
The "Global Light Gauge Steel Framing 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 Light Gauge Steel Framing market with detailed market segmentation by type, end user, and geography. The report provides key statistics on the market status of the leading Light Gauge Steel Framing market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
- On the basis of type the market is segmented as skeleton steel framing, wall bearing steel framing, long span steel framing.
- On the basis of end user the market is segmented as residential, commercial, industrial.
MARKET DYNAMICS
Drivers
- The rising number of commercial buildings is driving the growth of the Light Gauge Steel Framing market.
- Light gauge steel framing is completed in less time as compared to wood or concrete as structural support which is propelling the growth of the market.
Restraints
- Limited awareness about the improved safety, strength, and stability is estimated to be a restraint to the global Light Gauge Steel Framing market.
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 market based on various segments. It also provides market distribution channel and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia Pacific (APAC), the Middle East and Africa (MEA), and South America. The Light Gauge Steel Framing 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 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 trends. The report also provides exhaustive Porter's Five Forces analysis, highlighting the factors affecting the Light Gauge Steel Framing market in these regions.
IMPACT OF COVID-19 ON LIGHT GAUGE STEEL FRAMING MARKET
The outbreak of the COVID-19 has severely impacted the manufacturing, and construction industries in the year 2021. Few companies have already announced possible delays in product deliveries and slump in future sales of their products. Further, the shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, and delivery schedules for specific periods. However, as economies started to open in 2021, government initiatives and funding to stabilize the condition supported the market demand in a pandemic situation. Increasing public construction projects in the developing nations such as India, Japan, China, Brazil, and others is anticipated to bolster the Light Gauge Steel Framing market during the post pandemic era.
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The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market distribution channel and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia Pacific (APAC), the Middle East and Africa (MEA), and South America. The Light Gauge Steel Framing 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 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 trends. The report also provides exhaustive Porter's Five Forces analysis, highlighting the factors affecting the Light Gauge Steel Framing market in these regions.
IMPACT OF COVID-19 ON LIGHT GAUGE STEEL FRAMING MARKET
The outbreak of the COVID-19 has severely impacted the manufacturing, and construction industries in the year 2021. Few companies have already announced possible delays in product deliveries and slump in future sales of their products. Further, the shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, and delivery schedules for specific periods. However, as economies started to open in 2021, government initiatives and funding to stabilize the condition supported the market demand in a pandemic situation. Increasing public construction projects in the developing nations such as India, Japan, China, Brazil, and others is anticipated to bolster the Light Gauge Steel Framing market during the post pandemic era.
MARKET PLAYERS
The report covers key developments in the Light Gauge Steel Framing 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 payers from Light Gauge Steel Framing market are anticipated to lucrative growth opportunities in the future with the rising demand for Light Gauge Steel Framing in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the Light Gauge Steel Framing 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.
- Aegis Metal Framing
- CRACO Manufacturing Inc.
- Emirates Building System
- FRAMECAD
- FrameTech Systems
- Genesis Manazil Steel Framing
- Hadley Industries PLC
- Metek Plc.
- MRI Steel Framing LLC
- Stowell Company, Inc.
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
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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. 1Light Gauge Steel Framing Market - By Type
1. 3. 2Light Gauge Steel Framing Market - By End User
1. 3. 3Light Gauge Steel Framing Market - By Region
1. 3. 3. 1By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. LIGHT GAUGE STEEL FRAMING MARKET LANDSCAPE
4. 1. OVERVIEW
4. 2. PORTER""S FIVE FORCES ANALYSIS
4. 2. 1Bargaining Power of Buyers
4. 2. 1Bargaining Power of Suppliers
4. 2. 1Threat of Substitute
4. 2. 1Threat of New Entrants
4. 2. 1Competitive Rivalry
4. 3. ECOSYSTEM ANALYSIS
4. 4. EXPERT OPINIONS
5. LIGHT GAUGE STEEL FRAMING 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. LIGHT GAUGE STEEL FRAMING MARKET - GLOBAL MARKET ANALYSIS
6. 1. LIGHT GAUGE STEEL FRAMING - GLOBAL MARKET OVERVIEW
6. 2. LIGHT GAUGE STEEL FRAMING - GLOBAL MARKET AND FORECAST TO 2028
6. 3. MARKET POSITIONING/MARKET SHARE
7. LIGHT GAUGE STEEL FRAMING MARKET - REVENUE AND FORECASTS TO 2028 â"" TYPE
7. 1. OVERVIEW
7. 2. TYPE MARKET FORECASTS AND ANALYSIS
7. 3. SKELETON STEEL FRAMING
7. 3. 1. Overview
7. 3. 2. Skeleton Steel Framing Market Forecast and Analysis
7. 4. WALL BEARING STEEL FRAMING
7. 4. 1. Overview
7. 4. 2. Wall bearing Steel Framing Market Forecast and Analysis
7. 5. LONG SPAN STEEL FRAMING
7. 5. 1. Overview
7. 5. 2. Long Span Steel Framing Market Forecast and Analysis
8. LIGHT GAUGE STEEL FRAMING MARKET - REVENUE AND FORECASTS TO 2028 â"" END USER
8. 1. OVERVIEW
8. 2. END USER MARKET FORECASTS AND ANALYSIS
8. 3. RESIDENTIAL
8. 3. 1. Overview
8. 3. 2. Residential Market Forecast and Analysis
8. 4. COMMERCIAL
8. 4. 1. Overview
8. 4. 2. Commercial Market Forecast and Analysis
8. 5. INDUSTRIAL
8. 5. 1. Overview
8. 5. 2. Industrial Market Forecast and Analysis
9. LIGHT GAUGE STEEL FRAMING MARKET REVENUE AND FORECASTS TO 2028 â"" GEOGRAPHICAL ANALYSIS
9. 1. NORTH AMERICA
9. 1. 1North America Light Gauge Steel Framing Market Overview
9. 1. 2North America Light Gauge Steel Framing Market Forecasts and Analysis
9. 1. 3North America Light Gauge Steel Framing Market Forecasts and Analysis - By Type
9. 1. 4North America Light Gauge Steel Framing Market Forecasts and Analysis - By End User
9. 1. 5North America Light Gauge Steel Framing Market Forecasts and Analysis - By Countries
9. 1. 5. 1United States Light Gauge Steel Framing Market
9. 1. 5. 1. 1United States Light Gauge Steel Framing Market by Type
9. 1. 5. 1. 2United States Light Gauge Steel Framing Market by End User
9. 1. 5. 2Canada Light Gauge Steel Framing Market
9. 1. 5. 2. 1Canada Light Gauge Steel Framing Market by Type
9. 1. 5. 2. 2Canada Light Gauge Steel Framing Market by End User
9. 1. 5. 3Mexico Light Gauge Steel Framing Market
9. 1. 5. 3. 1Mexico Light Gauge Steel Framing Market by Type
9. 1. 5. 3. 2Mexico Light Gauge Steel Framing Market by End User
9. 2. EUROPE
9. 2. 1Europe Light Gauge Steel Framing Market Overview
9. 2. 2Europe Light Gauge Steel Framing Market Forecasts and Analysis
9. 2. 3Europe Light Gauge Steel Framing Market Forecasts and Analysis - By Type
9. 2. 4Europe Light Gauge Steel Framing Market Forecasts and Analysis - By End User
9. 2. 5Europe Light Gauge Steel Framing Market Forecasts and Analysis - By Countries
9. 2. 5. 1Germany Light Gauge Steel Framing Market
9. 2. 5. 1. 1Germany Light Gauge Steel Framing Market by Type
9. 2. 5. 1. 2Germany Light Gauge Steel Framing Market by End User
9. 2. 5. 2France Light Gauge Steel Framing Market
9. 2. 5. 2. 1France Light Gauge Steel Framing Market by Type
9. 2. 5. 2. 2France Light Gauge Steel Framing Market by End User
9. 2. 5. 3Italy Light Gauge Steel Framing Market
9. 2. 5. 3. 1Italy Light Gauge Steel Framing Market by Type
9. 2. 5. 3. 2Italy Light Gauge Steel Framing Market by End User
9. 2. 5. 4United Kingdom Light Gauge Steel Framing Market
9. 2. 5. 4. 1United Kingdom Light Gauge Steel Framing Market by Type
9. 2. 5. 4. 2United Kingdom Light Gauge Steel Framing Market by End User
9. 2. 5. 5Russia Light Gauge Steel Framing Market
9. 2. 5. 5. 1Russia Light Gauge Steel Framing Market by Type
9. 2. 5. 5. 2Russia Light Gauge Steel Framing Market by End User
9. 2. 5. 6Rest of Europe Light Gauge Steel Framing Market
9. 2. 5. 6. 1Rest of Europe Light Gauge Steel Framing Market by Type
9. 2. 5. 6. 2Rest of Europe Light Gauge Steel Framing Market by End User
9. 3. ASIA-PACIFIC
9. 3. 1Asia-Pacific Light Gauge Steel Framing Market Overview
9. 3. 2Asia-Pacific Light Gauge Steel Framing Market Forecasts and Analysis
9. 3. 3Asia-Pacific Light Gauge Steel Framing Market Forecasts and Analysis - By Type
9. 3. 4Asia-Pacific Light Gauge Steel Framing Market Forecasts and Analysis - By End User
9. 3. 5Asia-Pacific Light Gauge Steel Framing Market Forecasts and Analysis - By Countries
9. 3. 5. 1Australia Light Gauge Steel Framing Market
9. 3. 5. 1. 1Australia Light Gauge Steel Framing Market by Type
9. 3. 5. 1. 2Australia Light Gauge Steel Framing Market by End User
9. 3. 5. 2China Light Gauge Steel Framing Market
9. 3. 5. 2. 1China Light Gauge Steel Framing Market by Type
9. 3. 5. 2. 2China Light Gauge Steel Framing Market by End User
9. 3. 5. 3India Light Gauge Steel Framing Market
9. 3. 5. 3. 1India Light Gauge Steel Framing Market by Type
9. 3. 5. 3. 2India Light Gauge Steel Framing Market by End User
9. 3. 5. 4Japan Light Gauge Steel Framing Market
9. 3. 5. 4. 1Japan Light Gauge Steel Framing Market by Type
9. 3. 5. 4. 2Japan Light Gauge Steel Framing Market by End User
9. 3. 5. 5South Korea Light Gauge Steel Framing Market
9. 3. 5. 5. 1South Korea Light Gauge Steel Framing Market by Type
9. 3. 5. 5. 2South Korea Light Gauge Steel Framing Market by End User
9. 3. 5. 6Rest of Asia-Pacific Light Gauge Steel Framing Market
9. 3. 5. 6. 1Rest of Asia-Pacific Light Gauge Steel Framing Market by Type
9. 3. 5. 6. 2Rest of Asia-Pacific Light Gauge Steel Framing Market by End User
9. 4. MIDDLE EAST AND AFRICA
9. 4. 1Middle East and Africa Light Gauge Steel Framing Market Overview
9. 4. 2Middle East and Africa Light Gauge Steel Framing Market Forecasts and Analysis
9. 4. 3Middle East and Africa Light Gauge Steel Framing Market Forecasts and Analysis - By Type
9. 4. 4Middle East and Africa Light Gauge Steel Framing Market Forecasts and Analysis - By End User
9. 4. 5Middle East and Africa Light Gauge Steel Framing Market Forecasts and Analysis - By Countries
9. 4. 5. 1South Africa Light Gauge Steel Framing Market
9. 4. 5. 1. 1South Africa Light Gauge Steel Framing Market by Type
9. 4. 5. 1. 2South Africa Light Gauge Steel Framing Market by End User
9. 4. 5. 2Saudi Arabia Light Gauge Steel Framing Market
9. 4. 5. 2. 1Saudi Arabia Light Gauge Steel Framing Market by Type
9. 4. 5. 2. 2Saudi Arabia Light Gauge Steel Framing Market by End User
9. 4. 5. 3U. A. E Light Gauge Steel Framing Market
9. 4. 5. 3. 1U. A. E Light Gauge Steel Framing Market by Type
9. 4. 5. 3. 2U. A. E Light Gauge Steel Framing Market by End User
9. 4. 5. 4Rest of Middle East and Africa Light Gauge Steel Framing Market
9. 4. 5. 4. 1Rest of Middle East and Africa Light Gauge Steel Framing Market by Type
9. 4. 5. 4. 2Rest of Middle East and Africa Light Gauge Steel Framing Market by End User
9. 5. SOUTH AND CENTRAL AMERICA
9. 5. 1South and Central America Light Gauge Steel Framing Market Overview
9. 5. 2South and Central America Light Gauge Steel Framing Market Forecasts and Analysis
9. 5. 3South and Central America Light Gauge Steel Framing Market Forecasts and Analysis - By Type
9. 5. 4South and Central America Light Gauge Steel Framing Market Forecasts and Analysis - By End User
9. 5. 5South and Central America Light Gauge Steel Framing Market Forecasts and Analysis - By Countries
9. 5. 5. 1Brazil Light Gauge Steel Framing Market
9. 5. 5. 1. 1Brazil Light Gauge Steel Framing Market by Type
9. 5. 5. 1. 2Brazil Light Gauge Steel Framing Market by End User
9. 5. 5. 2Argentina Light Gauge Steel Framing Market
9. 5. 5. 2. 1Argentina Light Gauge Steel Framing Market by Type
9. 5. 5. 2. 2Argentina Light Gauge Steel Framing Market by End User
9. 5. 5. 3Rest of South and Central America Light Gauge Steel Framing Market
9. 5. 5. 3. 1Rest of South and Central America Light Gauge Steel Framing Market by Type
9. 5. 5. 3. 2Rest of South and Central America Light Gauge Steel Framing Market by End User
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. LIGHT GAUGE STEEL FRAMING MARKET, KEY COMPANY PROFILES
11. 1. AEGIS METAL FRAMING
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. CRACO MANUFACTURING INC.
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. EMIRATES BUILDING SYSTEM
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. FRAMECAD
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. FRAMETECH SYSTEMS
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. GENESIS MANAZIL STEEL FRAMING
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. HADLEY INDUSTRIES PLC
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. METEK PLC.
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. MRI STEEL FRAMING LLC
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. STOWELL COMPANY, INC.
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
- Aegis Metal Framing
- CRACO Manufacturing Inc.
- Emirates Building System
- FRAMECAD
- FrameTech Systems
- Genesis Manazil Steel Framing
- Hadley Industries PLC
- Metek Plc.
- MRI Steel Framing LLC
- Stowell Company, Inc.
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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