The Microgrid Control System Market is expected to register a CAGR of 12.6% from 2025 to 2031, with a market size expanding from US$ XX million in 2024 to US$ XX Million by 2031.
Report is Segmented by Type (Grid-connected, Off-Grid, and Hybrid), Application (Utilities, Cities and Municipalities, Defense, Industrial, and Other). 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 Microgrid Control System 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.
Microgrid Control System Market Segmentation
Type- Grid-connected
- Off-Grid
- Hybrid
- Utilities
- Cities and Municipalities
- Defense
- Industrial
- Other
Strategic Insights
Microgrid Control System Market Growth Drivers- Growing Demand for Energy Reliability and Resilience: As natural disasters and grid instability become more frequent, there is an increasing demand for microgrid control systems. Microgrids provide localized, reliable energy solutions, allowing communities, businesses, and critical infrastructure to operate independently from the main grid during power outages. Their ability to integrate renewable energy sources and offer backup power is driving the adoption of microgrid control systems for enhanced energy security and resilience.
- Government Policies and Incentives for Clean Energy: Government policies promoting clean, sustainable energy sources are a significant driver for the microgrid control system market. Incentives and regulatory frameworks supporting the integration of renewable energy and carbon reduction goals are encouraging industries and municipalities to invest in microgrids. These systems help reduce reliance on fossil fuels by managing distributed renewable energy sources such as solar, wind, and storage.
- Integration of Advanced AI and IoT for Real-Time Monitoring: A major trend in the microgrid control system market is the integration of artificial intelligence (AI) and the Internet of Things (IoT) for real-time monitoring and optimization. AI algorithms help in predictive maintenance, load balancing, and energy forecasting, ensuring efficient operation. IoT devices enable seamless communication across energy assets, providing operators with detailed insights into microgrid performance and consumption patterns.
- Increased Focus on Hybrid Microgrids: Hybrid microgrids, which combine renewable energy sources with traditional generation methods, are gaining traction. These systems provide a more reliable and cost-effective solution, especially in areas where renewable energy alone may not be sufficient. The flexibility of hybrid microgrids to optimize energy generation and storage, while reducing emissions, is becoming a key trend in the sector.
- Increasing Adoption in Industrial and Commercial Sectors: Industrial and commercial sectors are increasingly adopting microgrids for energy efficiency, cost savings, and energy autonomy. By integrating microgrids, these sectors can ensure uninterrupted power supply while reducing energy costs and optimizing resource usage. The growing trend of sustainability in corporate strategies creates significant opportunities for microgrid control system providers to serve industries aiming to lower their carbon footprints.
- Opportunities in Smart Cities and Infrastructure: Smart cities and urban infrastructure projects are becoming a key opportunity for microgrid control systems. As cities focus on becoming more energy-efficient, resilient, and sustainable, microgrids can play a crucial role in managing decentralized energy resources. The integration of microgrid control systems with smart city infrastructure can support energy optimization, reduce grid congestion, and enhance urban sustainability.
Market Report Scope
Key Selling Points
- Comprehensive Coverage: The report comprehensively covers the analysis of products, services, types, and end users of the Microgrid Control System 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 Microgrid Control System 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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- 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
Some of the customization options available based on the request are an additional 3-5 company profiles and country-specific analysis of 3-5 countries of your choice. Customizations are to be requested/discussed before making final order confirmation# as our team would review the same and check the feasibility
The report can be delivered in PDF/PPT format; we can also share excel dataset based on the request
Intelligent and automated control to play a significant role in the global Microgrid Control System market in the coming years
Renewable energy integration and resilience and reliability are the major factors driving the Microgrid Control System market
The Microgrid Control System Market is estimated to witness a CAGR of 12.6% from 2023 to 2031
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Microgrid Control System Market - By Component
1.3.2 Microgrid Control System Market - By Grid Type
1.3.3 Microgrid Control System Market - By End Users
1.3.4 Microgrid Control System Market - By Region
1.3.4.1 By Country
2. KEY TAKEWAYS
3. RESEARCH METHODOLOGY
4. MICROGRID CONTROL SYSTEM MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PEST ANALYSIS
4.2.1 North America - Pest Analysis
4.2.2 Europe - Pest Analysis
4.2.3 Asia-Pacific - Pest Analysis
4.2.4 Middle East and Africa - Pest Analysis
4.2.5 South and Central America - Pest Analysis
4.3. ECOSYSTEM ANALYSIS
4.4. EXPERT OPINIONS
5. MICROGRID CONTROL SYSTEM MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS, RESTRAINTS & EXPECTED INFLUENCE OF COVID-19 PANDEMIC
6. MICROGRID CONTROL SYSTEM MARKET - GLOBAL MARKET ANALYSIS
6.1. MICROGRID CONTROL SYSTEM - GLOBAL MARKET OVERVIEW
6.2. MICROGRID CONTROL SYSTEM - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. MICROGRID CONTROL SYSTEM 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
7.4. SOFTWARE
7.4.1. Overview
7.4.2. Software Market Forecast and Analysis
8. MICROGRID CONTROL SYSTEM MARKET - REVENUE AND FORECASTS TO 2028 - GRID TYPE
8.1. OVERVIEW
8.2. GRID TYPE MARKET FORECASTS AND ANALYSIS
8.3. OFF-GRID
8.3.1. Overview
8.3.2. Off-Grid Market Forecast and Analysis
8.4. ON-GRID
8.4.1. Overview
8.4.2. On-Grid Market Forecast and Analysis
9. MICROGRID CONTROL SYSTEM MARKET - REVENUE AND FORECASTS TO 2028 - END USERS
9.1. OVERVIEW
9.2. END USERS MARKET FORECASTS AND ANALYSIS
9.3. INDUSTRIAL
9.3.1. Overview
9.3.2. Industrial Market Forecast and Analysis
9.4. COMMERCIALS
9.4.1. Overview
9.4.2. Commercials Market Forecast and Analysis
9.5. UTILITIES
9.5.1. Overview
9.5.2. Utilities Market Forecast and Analysis
9.6. CAMPUSES AND INSTITUTIONS
9.6.1. Overview
9.6.2. Campuses and institutions Market Forecast and Analysis
10. MICROGRID CONTROL SYSTEM MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
10.1. NORTH AMERICA
10.1.1 North America Microgrid Control System Market Overview
10.1.2 North America Microgrid Control System Market Forecasts and Analysis
10.1.3 North America Microgrid Control System Market Forecasts and Analysis - By Component
10.1.4 North America Microgrid Control System Market Forecasts and Analysis - By Grid Type
10.1.5 North America Microgrid Control System Market Forecasts and Analysis - By End Users
10.1.6 North America Microgrid Control System Market Forecasts and Analysis - By Countries
10.1.6.1 United States Microgrid Control System Market
10.1.6.1.1 United States Microgrid Control System Market by Component
10.1.6.1.2 United States Microgrid Control System Market by Grid Type
10.1.6.1.3 United States Microgrid Control System Market by End Users
10.1.6.2 Canada Microgrid Control System Market
10.1.6.2.1 Canada Microgrid Control System Market by Component
10.1.6.2.2 Canada Microgrid Control System Market by Grid Type
10.1.6.2.3 Canada Microgrid Control System Market by End Users
10.1.6.3 Mexico Microgrid Control System Market
10.1.6.3.1 Mexico Microgrid Control System Market by Component
10.1.6.3.2 Mexico Microgrid Control System Market by Grid Type
10.1.6.3.3 Mexico Microgrid Control System Market by End Users
10.2. EUROPE
10.2.1 Europe Microgrid Control System Market Overview
10.2.2 Europe Microgrid Control System Market Forecasts and Analysis
10.2.3 Europe Microgrid Control System Market Forecasts and Analysis - By Component
10.2.4 Europe Microgrid Control System Market Forecasts and Analysis - By Grid Type
10.2.5 Europe Microgrid Control System Market Forecasts and Analysis - By End Users
10.2.6 Europe Microgrid Control System Market Forecasts and Analysis - By Countries
10.2.6.1 Germany Microgrid Control System Market
10.2.6.1.1 Germany Microgrid Control System Market by Component
10.2.6.1.2 Germany Microgrid Control System Market by Grid Type
10.2.6.1.3 Germany Microgrid Control System Market by End Users
10.2.6.2 France Microgrid Control System Market
10.2.6.2.1 France Microgrid Control System Market by Component
10.2.6.2.2 France Microgrid Control System Market by Grid Type
10.2.6.2.3 France Microgrid Control System Market by End Users
10.2.6.3 Italy Microgrid Control System Market
10.2.6.3.1 Italy Microgrid Control System Market by Component
10.2.6.3.2 Italy Microgrid Control System Market by Grid Type
10.2.6.3.3 Italy Microgrid Control System Market by End Users
10.2.6.4 United Kingdom Microgrid Control System Market
10.2.6.4.1 United Kingdom Microgrid Control System Market by Component
10.2.6.4.2 United Kingdom Microgrid Control System Market by Grid Type
10.2.6.4.3 United Kingdom Microgrid Control System Market by End Users
10.2.6.5 Russia Microgrid Control System Market
10.2.6.5.1 Russia Microgrid Control System Market by Component
10.2.6.5.2 Russia Microgrid Control System Market by Grid Type
10.2.6.5.3 Russia Microgrid Control System Market by End Users
10.2.6.6 Rest of Europe Microgrid Control System Market
10.2.6.6.1 Rest of Europe Microgrid Control System Market by Component
10.2.6.6.2 Rest of Europe Microgrid Control System Market by Grid Type
10.2.6.6.3 Rest of Europe Microgrid Control System Market by End Users
10.3. ASIA-PACIFIC
10.3.1 Asia-Pacific Microgrid Control System Market Overview
10.3.2 Asia-Pacific Microgrid Control System Market Forecasts and Analysis
10.3.3 Asia-Pacific Microgrid Control System Market Forecasts and Analysis - By Component
10.3.4 Asia-Pacific Microgrid Control System Market Forecasts and Analysis - By Grid Type
10.3.5 Asia-Pacific Microgrid Control System Market Forecasts and Analysis - By End Users
10.3.6 Asia-Pacific Microgrid Control System Market Forecasts and Analysis - By Countries
10.3.6.1 Australia Microgrid Control System Market
10.3.6.1.1 Australia Microgrid Control System Market by Component
10.3.6.1.2 Australia Microgrid Control System Market by Grid Type
10.3.6.1.3 Australia Microgrid Control System Market by End Users
10.3.6.2 China Microgrid Control System Market
10.3.6.2.1 China Microgrid Control System Market by Component
10.3.6.2.2 China Microgrid Control System Market by Grid Type
10.3.6.2.3 China Microgrid Control System Market by End Users
10.3.6.3 India Microgrid Control System Market
10.3.6.3.1 India Microgrid Control System Market by Component
10.3.6.3.2 India Microgrid Control System Market by Grid Type
10.3.6.3.3 India Microgrid Control System Market by End Users
10.3.6.4 Japan Microgrid Control System Market
10.3.6.4.1 Japan Microgrid Control System Market by Component
10.3.6.4.2 Japan Microgrid Control System Market by Grid Type
10.3.6.4.3 Japan Microgrid Control System Market by End Users
10.3.6.5 South Korea Microgrid Control System Market
10.3.6.5.1 South Korea Microgrid Control System Market by Component
10.3.6.5.2 South Korea Microgrid Control System Market by Grid Type
10.3.6.5.3 South Korea Microgrid Control System Market by End Users
10.3.6.6 Rest of Asia-Pacific Microgrid Control System Market
10.3.6.6.1 Rest of Asia-Pacific Microgrid Control System Market by Component
10.3.6.6.2 Rest of Asia-Pacific Microgrid Control System Market by Grid Type
10.3.6.6.3 Rest of Asia-Pacific Microgrid Control System Market by End Users
10.4. MIDDLE EAST AND AFRICA
10.4.1 Middle East and Africa Microgrid Control System Market Overview
10.4.2 Middle East and Africa Microgrid Control System Market Forecasts and Analysis
10.4.3 Middle East and Africa Microgrid Control System Market Forecasts and Analysis - By Component
10.4.4 Middle East and Africa Microgrid Control System Market Forecasts and Analysis - By Grid Type
10.4.5 Middle East and Africa Microgrid Control System Market Forecasts and Analysis - By End Users
10.4.6 Middle East and Africa Microgrid Control System Market Forecasts and Analysis - By Countries
10.4.6.1 South Africa Microgrid Control System Market
10.4.6.1.1 South Africa Microgrid Control System Market by Component
10.4.6.1.2 South Africa Microgrid Control System Market by Grid Type
10.4.6.1.3 South Africa Microgrid Control System Market by End Users
10.4.6.2 Saudi Arabia Microgrid Control System Market
10.4.6.2.1 Saudi Arabia Microgrid Control System Market by Component
10.4.6.2.2 Saudi Arabia Microgrid Control System Market by Grid Type
10.4.6.2.3 Saudi Arabia Microgrid Control System Market by End Users
10.4.6.3 U.A.E Microgrid Control System Market
10.4.6.3.1 U.A.E Microgrid Control System Market by Component
10.4.6.3.2 U.A.E Microgrid Control System Market by Grid Type
10.4.6.3.3 U.A.E Microgrid Control System Market by End Users
10.4.6.4 Rest of Middle East and Africa Microgrid Control System Market
10.4.6.4.1 Rest of Middle East and Africa Microgrid Control System Market by Component
10.4.6.4.2 Rest of Middle East and Africa Microgrid Control System Market by Grid Type
10.4.6.4.3 Rest of Middle East and Africa Microgrid Control System Market by End Users
10.5. SOUTH AND CENTRAL AMERICA
10.5.1 South and Central America Microgrid Control System Market Overview
10.5.2 South and Central America Microgrid Control System Market Forecasts and Analysis
10.5.3 South and Central America Microgrid Control System Market Forecasts and Analysis - By Component
10.5.4 South and Central America Microgrid Control System Market Forecasts and Analysis - By Grid Type
10.5.5 South and Central America Microgrid Control System Market Forecasts and Analysis - By End Users
10.5.6 South and Central America Microgrid Control System Market Forecasts and Analysis - By Countries
10.5.6.1 Brazil Microgrid Control System Market
10.5.6.1.1 Brazil Microgrid Control System Market by Component
10.5.6.1.2 Brazil Microgrid Control System Market by Grid Type
10.5.6.1.3 Brazil Microgrid Control System Market by End Users
10.5.6.2 Argentina Microgrid Control System Market
10.5.6.2.1 Argentina Microgrid Control System Market by Component
10.5.6.2.2 Argentina Microgrid Control System Market by Grid Type
10.5.6.2.3 Argentina Microgrid Control System Market by End Users
10.5.6.3 Rest of South and Central America Microgrid Control System Market
10.5.6.3.1 Rest of South and Central America Microgrid Control System Market by Component
10.5.6.3.2 Rest of South and Central America Microgrid Control System Market by Grid Type
10.5.6.3.3 Rest of South and Central America Microgrid Control System Market by End Users
11. INDUSTRY LANDSCAPE
11.1. MERGERS AND ACQUISITIONS
11.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
11.3. NEW PRODUCT LAUNCHES
11.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
12. MICROGRID CONTROL SYSTEM MARKET, KEY COMPANY PROFILES
12.1. ABB LTD.
12.1.1. Key Facts
12.1.2. Business Description
12.1.3. Products and Services
12.1.4. Financial Overview
12.1.5. SWOT Analysis
12.1.6. Key Developments
12.2. EATON CORPORATION
12.2.1. Key Facts
12.2.2. Business Description
12.2.3. Products and Services
12.2.4. Financial Overview
12.2.5. SWOT Analysis
12.2.6. Key Developments
12.3. EMERSON ELECTRIC CO.
12.3.1. Key Facts
12.3.2. Business Description
12.3.3. Products and Services
12.3.4. Financial Overview
12.3.5. SWOT Analysis
12.3.6. Key Developments
12.4. ETAP
12.4.1. Key Facts
12.4.2. Business Description
12.4.3. Products and Services
12.4.4. Financial Overview
12.4.5. SWOT Analysis
12.4.6. Key Developments
12.5. GENERAL ELECTRIC COMPANY
12.5.1. Key Facts
12.5.2. Business Description
12.5.3. Products and Services
12.5.4. Financial Overview
12.5.5. SWOT Analysis
12.5.6. Key Developments
12.6. ONTECH ELECTRIC CORPORATION
12.6.1. Key Facts
12.6.2. Business Description
12.6.3. Products and Services
12.6.4. Financial Overview
12.6.5. SWOT Analysis
12.6.6. Key Developments
12.7. POWERSECURE INC.
12.7.1. Key Facts
12.7.2. Business Description
12.7.3. Products and Services
12.7.4. Financial Overview
12.7.5. SWOT Analysis
12.7.6. Key Developments
12.8. SCHNEIDER ELECTRIC
12.8.1. Key Facts
12.8.2. Business Description
12.8.3. Products and Services
12.8.4. Financial Overview
12.8.5. SWOT Analysis
12.8.6. Key Developments
12.9. SPIRAE, LLC
12.9.1. Key Facts
12.9.2. Business Description
12.9.3. Products and Services
12.9.4. Financial Overview
12.9.5. SWOT Analysis
12.9.6. Key Developments
12.10. S AND C ELECTRIC COMPANY
12.10.1. Key Facts
12.10.2. Business Description
12.10.3. Products and Services
12.10.4. Financial Overview
12.10.5. SWOT Analysis
12.10.6. Key Developments
13. APPENDIX
13.1. ABOUT THE INSIGHT PARTNERS
13.2. GLOSSARY OF TERMS
1. ABB Ltd.
2. Eaton Corporation
3. Emerson Electric Co.
4. ETAP
5. General Electric Company
6. Ontech Electric Corporation
7. PowerSecure Inc.
8. Schneider Electric
9. Spirae, LLC
10. S&C Electric Company
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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