Offshore Wind Energy Market Size - Growth, Share by 2031
The Offshore Wind Energy Market is expected to register a CAGR of 8.6% 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 Capacity (Upto 1MW, 1-3 MW, 3-5 MW, and above 5MW). The report further presents analysis based on the Installation (Fixed and Floating). 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 Offshore Wind Energy 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.
Offshore Wind Energy Market Segmentation
Capacity- Upto 1MW
- 1-3 MW
- 3-5 MW
- above 5MW
- Fixed and Floating
Strategic Insights
Offshore Wind Energy Market Growth Drivers- Growing Investments in Renewable Energy Sources: Renewable energy is a clean source of energy as it does not emit greenhouse gases, diversifies the energy supply, and reduces dependence on imported fuels. The advantages of renewable energy and growing adoption from the residential, industrial, and commercial sectors are paving the way toward sustainable energy security. Thus, the advantages of renewable energy are increasing the investment in renewable energy, which is driving the wind energy market growth over the forecast period.
- Government initiatives to promote Installation of Wind farms: Support of various governments of different countries in terms of policies and investment for increasing the installation of wind energy projects is expected to fuel the wind energy market growth over the coming years. The Indian government is promoting wind power projects in the country through private sector investments by providing various fiscal and financial incentives such as Accelerated Depreciation benefit and concessional custom duty exemption on certain components of wind electric generators. In January 2022, The People's Bank of China (PBOC) started providing low-cost loans to fund decarbonization activities.
- Technological Advancements in Offshore Wind Turbines: Technological innovations on offshore wind turbine design and construction change the market. Improvements in turbine size, efficiency, and materials are changing the capacity and cost-effectiveness of offshore wind farms. Greater turbines with higher capacity are also now being developed, meaning more energy per unit is made from offshore wind farms. In addition, floating wind turbines have enabled the establishment of wind farms in deeper waters where traditional fixed-bottom turbines cannot be set up. Offshore wind energy will continue to gain efficiency and competitiveness with other forms of energy as technology develops.
- The growing focus on floating wind technology holds potential growth opportunity: The floating wind technology are the offshore wind turbine mounted on a floating structure that allows the turbine to generate electricity in water depths. The floating wind technology are highly efficient in harsh environment conditions and thus capable to produce huge amount of power. This floating wind technology is globally adopted across various countries such as China, Germany, Japan, UK, France, Belgium, and Denmark. The growth prospects in the adoption of floating wind technology is primarily attributed to increase in advancement in technology, associated advantages, and turnkey solutions provided by various service providers.
- Rising Demand for Renewable Energy and Decarbonization Goals: Global push towards decarbonization is the biggest driver for the offshore wind energy market. Offshore wind is seen as a reliable and scalable solution for reducing greenhouse gas emissions from traditional fossil fuel-based power generation. As countries strive to achieve carbon-neutral goals, offshore wind energy is becoming part of their energy mix. Demand for cleaner, sustainable power sources is driving the quicker adaptation of offshore wind, because it entails a huge and still largely untouched source for clean energy generation, mainly in coastal regions with favorable wind resources.
- Increasing power consumption coupled with significant efforts to minimize carbon footprint: The increases in power consumption is the most prominent trend followed in developing economies. The surge in power demand is primarily attributed to increase in population, growth prospects in industrialization, and significant increase in urbanization. The global electricity demand increased in 2023 owing to rapid economic rebound, and more extreme weather conditions which have pushed the energy prices to unprecedented levels and driving the power sector’s emissions to a record high level.
- Synergies with Energy Storage and Smart Grid Technology: Offshore wind is increasingly being integrated with energy storage solutions and smart grid technologies to address the intermittency of renewable energy. Energy storage, such as large-scale batteries or hydrogen storage, can capture excess energy produced during times of high wind output and release it when demand is high or wind production is low. Another positive impact of digital technologies on smart grids is that they can also help balance supply and demand from offshore wind farms, thus improving grid stability and reliability.
Market Report Scope
Key Selling Points
- Comprehensive Coverage: The report comprehensively covers the analysis of products, services, types, and end users of the Offshore Wind Energy 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 Offshore Wind Energy 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.
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
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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
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
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to country scope.
Frequently Asked Questions
The Offshore Wind Energy Market is estimated to witness a CAGR of 8.6% from 2023 to 2031
The major factors driving the Offshore Wind Energy Market are: Growing investments in renewable energy sources and government initiatives to promote installation of wind farms
Increasing power consumption coupled with significant efforts to minimize carbon footprint is the key future trend of the Offshore Wind Energy Market
The leading players operating in the offshore wind energy market include ENESSERE S.r.l., Furukawa Electric Co. Ltd., General Electric, Goldwind, LS Cable & System Ltd., Nordex SE, Siemens Gamesa Renewable Energy, Sumitomo Electric Industries, Ltd., Suzlon Energy Limited, and Vestas
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
1.3.1 Offshore Wind Energy Market - By Component
1.3.2 Offshore Wind Energy Market - By Location
1.3.3 Offshore Wind Energy Market - By Region
1.3.3.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. OFFSHORE WIND ENERGY 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. OFFSHORE WIND ENERGY 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. OFFSHORE WIND ENERGY MARKET - GLOBAL MARKET ANALYSIS
6.1. OFFSHORE WIND ENERGY - GLOBAL MARKET OVERVIEW
6.2. OFFSHORE WIND ENERGY - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. OFFSHORE WIND ENERGY MARKET - REVENUE AND FORECASTS TO 2028 - COMPONENT
7.1. OVERVIEW
7.2. COMPONENT MARKET FORECASTS AND ANALYSIS
7.3. TURBINE
7.3.1. Overview
7.3.2. Turbine Market Forecast and Analysis
7.4. SUBSTRUCTURE
7.4.1. Overview
7.4.2. Substructure Market Forecast and Analysis
7.5. ELECTRICAL INFRASTRUCTURE
7.5.1. Overview
7.5.2. Electrical Infrastructure Market Forecast and Analysis
7.6. OTHERS
7.6.1. Overview
7.6.2. Others Market Forecast and Analysis
8. OFFSHORE WIND ENERGY MARKET - REVENUE AND FORECASTS TO 2028 - LOCATION
8.1. OVERVIEW
8.2. LOCATION MARKET FORECASTS AND ANALYSIS
8.3. SHALLOW WATER
8.3.1. Overview
8.3.2. Shallow Water Market Forecast and Analysis
8.4. TRANSITIONAL WATER
8.4.1. Overview
8.4.2. Transitional Water Market Forecast and Analysis
8.5. DEEP WATER
8.5.1. Overview
8.5.2. Deep Water Market Forecast and Analysis
9. OFFSHORE WIND ENERGY MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Offshore Wind Energy Market Overview
9.1.2 North America Offshore Wind Energy Market Forecasts and Analysis
9.1.3 North America Offshore Wind Energy Market Forecasts and Analysis - By Component
9.1.4 North America Offshore Wind Energy Market Forecasts and Analysis - By Location
9.1.5 North America Offshore Wind Energy Market Forecasts and Analysis - By Countries
9.1.5.1 United States Offshore Wind Energy Market
9.1.5.1.1 United States Offshore Wind Energy Market by Component
9.1.5.1.2 United States Offshore Wind Energy Market by Location
9.1.5.2 Canada Offshore Wind Energy Market
9.1.5.2.1 Canada Offshore Wind Energy Market by Component
9.1.5.2.2 Canada Offshore Wind Energy Market by Location
9.1.5.3 Mexico Offshore Wind Energy Market
9.1.5.3.1 Mexico Offshore Wind Energy Market by Component
9.1.5.3.2 Mexico Offshore Wind Energy Market by Location
9.2. EUROPE
9.2.1 Europe Offshore Wind Energy Market Overview
9.2.2 Europe Offshore Wind Energy Market Forecasts and Analysis
9.2.3 Europe Offshore Wind Energy Market Forecasts and Analysis - By Component
9.2.4 Europe Offshore Wind Energy Market Forecasts and Analysis - By Location
9.2.5 Europe Offshore Wind Energy Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Offshore Wind Energy Market
9.2.5.1.1 Germany Offshore Wind Energy Market by Component
9.2.5.1.2 Germany Offshore Wind Energy Market by Location
9.2.5.2 France Offshore Wind Energy Market
9.2.5.2.1 France Offshore Wind Energy Market by Component
9.2.5.2.2 France Offshore Wind Energy Market by Location
9.2.5.3 Italy Offshore Wind Energy Market
9.2.5.3.1 Italy Offshore Wind Energy Market by Component
9.2.5.3.2 Italy Offshore Wind Energy Market by Location
9.2.5.4 United Kingdom Offshore Wind Energy Market
9.2.5.4.1 United Kingdom Offshore Wind Energy Market by Component
9.2.5.4.2 United Kingdom Offshore Wind Energy Market by Location
9.2.5.5 Russia Offshore Wind Energy Market
9.2.5.5.1 Russia Offshore Wind Energy Market by Component
9.2.5.5.2 Russia Offshore Wind Energy Market by Location
9.2.5.6 Rest of Europe Offshore Wind Energy Market
9.2.5.6.1 Rest of Europe Offshore Wind Energy Market by Component
9.2.5.6.2 Rest of Europe Offshore Wind Energy Market by Location
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Offshore Wind Energy Market Overview
9.3.2 Asia-Pacific Offshore Wind Energy Market Forecasts and Analysis
9.3.3 Asia-Pacific Offshore Wind Energy Market Forecasts and Analysis - By Component
9.3.4 Asia-Pacific Offshore Wind Energy Market Forecasts and Analysis - By Location
9.3.5 Asia-Pacific Offshore Wind Energy Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Offshore Wind Energy Market
9.3.5.1.1 Australia Offshore Wind Energy Market by Component
9.3.5.1.2 Australia Offshore Wind Energy Market by Location
9.3.5.2 China Offshore Wind Energy Market
9.3.5.2.1 China Offshore Wind Energy Market by Component
9.3.5.2.2 China Offshore Wind Energy Market by Location
9.3.5.3 India Offshore Wind Energy Market
9.3.5.3.1 India Offshore Wind Energy Market by Component
9.3.5.3.2 India Offshore Wind Energy Market by Location
9.3.5.4 Japan Offshore Wind Energy Market
9.3.5.4.1 Japan Offshore Wind Energy Market by Component
9.3.5.4.2 Japan Offshore Wind Energy Market by Location
9.3.5.5 South Korea Offshore Wind Energy Market
9.3.5.5.1 South Korea Offshore Wind Energy Market by Component
9.3.5.5.2 South Korea Offshore Wind Energy Market by Location
9.3.5.6 Rest of Asia-Pacific Offshore Wind Energy Market
9.3.5.6.1 Rest of Asia-Pacific Offshore Wind Energy Market by Component
9.3.5.6.2 Rest of Asia-Pacific Offshore Wind Energy Market by Location
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Offshore Wind Energy Market Overview
9.4.2 Middle East and Africa Offshore Wind Energy Market Forecasts and Analysis
9.4.3 Middle East and Africa Offshore Wind Energy Market Forecasts and Analysis - By Component
9.4.4 Middle East and Africa Offshore Wind Energy Market Forecasts and Analysis - By Location
9.4.5 Middle East and Africa Offshore Wind Energy Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Offshore Wind Energy Market
9.4.5.1.1 South Africa Offshore Wind Energy Market by Component
9.4.5.1.2 South Africa Offshore Wind Energy Market by Location
9.4.5.2 Saudi Arabia Offshore Wind Energy Market
9.4.5.2.1 Saudi Arabia Offshore Wind Energy Market by Component
9.4.5.2.2 Saudi Arabia Offshore Wind Energy Market by Location
9.4.5.3 U.A.E Offshore Wind Energy Market
9.4.5.3.1 U.A.E Offshore Wind Energy Market by Component
9.4.5.3.2 U.A.E Offshore Wind Energy Market by Location
9.4.5.4 Rest of Middle East and Africa Offshore Wind Energy Market
9.4.5.4.1 Rest of Middle East and Africa Offshore Wind Energy Market by Component
9.4.5.4.2 Rest of Middle East and Africa Offshore Wind Energy Market by Location
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Offshore Wind Energy Market Overview
9.5.2 South and Central America Offshore Wind Energy Market Forecasts and Analysis
9.5.3 South and Central America Offshore Wind Energy Market Forecasts and Analysis - By Component
9.5.4 South and Central America Offshore Wind Energy Market Forecasts and Analysis - By Location
9.5.5 South and Central America Offshore Wind Energy Market Forecasts and Analysis - By Countries
9.5.5.1 Argentina Offshore Wind Energy Market
9.5.5.1.1 Argentina Offshore Wind Energy Market by Component
9.5.5.1.2 Argentina Offshore Wind Energy Market by Location
9.5.5.2 Chile Offshore Wind Energy Market
9.5.5.2.1 Chile Offshore Wind Energy Market by Component
9.5.5.2.2 Chile Offshore Wind Energy Market by Location
9.5.5.3 Rest of South and Central America Offshore Wind Energy Market
9.5.5.3.1 Rest of South and Central America Offshore Wind Energy Market by Component
9.5.5.3.2 Rest of South and Central America Offshore Wind Energy Market by Location
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. OFFSHORE WIND ENERGY MARKET, KEY COMPANY PROFILES
11.1. A2SEA
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. ABB LTD.
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. GENERAL ELECTRIC WIND ENERGY
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. GOLDWIND SCIENCE AND TECHNOLOGY CO. LTD.
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. MHI VESTAS
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. MING YANG SMART ENERGY GROUP LIMITED
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. NEXANS
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. SIEMENS WIND POWER
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. SINOVEL WIND GROUP CO., 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. SUZLON GROUP
11.10.1. Key Facts
11.10.2. Business Description
11.10.3. Products and Services
11.10.4. Financial Overview
11.10.5. SWOT Analysis
11.10.6. Key Developments
12. APPENDIX
12.1. ABOUT THE INSIGHT PARTNERS
12.2. GLOSSARY OF TERMS
1.A2Sea2.ABB Ltd.3.General Electric Wind Energy4.Goldwind Science and Technology Co. Ltd.5.MHI Vestas6.Ming Yang Smart Energy Group Limited7.Nexans8.Siemens Wind Power9.Sinovel Wind Group Co., Ltd10.Suzlon Group
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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