Plastic Conduit Market Opportunities 2031
MARKET OVERVIEW
Plastic conduits are the piping system used to protect and route electrical wiring in commercial and industrial buildings. Plastic conduits are made of high-quality plastic materials and are used in various applications, such as cable protection, electrical wiring, and communication systems. These conduits offer several benefits over traditional metal conduits, including lower weight, improved flexibility, and better resistance to corrosion and UV radiation. The increasing demand for energy-efficient and sustainable construction practices is driving the growth of the plastic conduit market, as plastic conduits offer a more cost-effective and environmentally friendly solution compared to traditional metal conduits.
MARKET DYNAMICS
Growing demand for a highly secure and safe wiring system is a rise in the demand for the plastic conduit that fuels the growth of the market. Increasing the use of plastic conduit over the metallic conduit is further propels the growth of the market. Plastic conduit offers various benefits such as protection against impact from temperature, protection against moisture, henceforth boosting the growth of the market. Increasing commercial and residential buildings in emerging nations such as India, Japan, China, and others are expected to drive the growth of the plastic conduit market.
MARKET SCOPE
The "Global Plastic Conduit Market Analysis to 2031" is a specialized and in-depth study of the plastic conduit industry with a special focus on the global market trend analysis. The report aims to provide an overview plastic conduit market with detailed market segmentation by type, material, industry vertical, and geography. The global plastic conduit market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading plastic conduit market players and offers key trends and opportunities in the plastic conduit market
MARKET SEGMENTATION
The global plastic conduit market is segmented based on type, material, industry vertical. Based on type the plastic conduit market is segmented as rigid conduits, flexible conduits. Based on material, the plastic conduit market is segmented as polyvinyl chloride (PVC), polypropylene (PP), high density polyethylene (HDPE), Others. Based on industry vertical, the plastic conduit market is segmented as manufacturing, construction, IT and telecom, healthcare, others.
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global plastic conduit market based on various segments. It also provides market size and forecast estimates from year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The plastic conduit market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting plastic conduit market from both demand and supply side and further evaluates market dynamics effecting 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 America after evaluating political, economic, social and technological factors effecting the plastic conduit market in these regions.
Shejal Shejal will walk you through a 15-minute call to present the report’s content and answer all queries if you have any. Have a question?
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global plastic conduit market based on various segments. It also provides market size and forecast estimates from year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The plastic conduit market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting plastic conduit market from both demand and supply side and further evaluates market dynamics effecting 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 America after evaluating political, economic, social and technological factors effecting the plastic conduit market in these regions.
MARKET PLAYERS
The reports cover key developments in the plastic conduit 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 expansion of business and customer base of market players. The market players from plastic conduit market are anticipated to lucrative growth opportunities in the future with the rising demand for plastic conduit in the global market. Below mentioned is the list of few companies engaged in the plastic conduit market.
The report also includes the profiles of key plastic conduit companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
- ABB
- AKG Group
- Allied Tube & Conduit
- Atkore International
- Cantex Inc.
- Dura-Line
- Hubbell.
- Precision
- Prime Conduit, Inc.
- Schneider Electric
- 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
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 Plastic Conduit Market - By Type
1.3.2 Plastic Conduit Market - By Material
1.3.3 Plastic Conduit Market - By Industry Vertical
1.3.4 Plastic Conduit Market - By Region
1.3.4.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. PLASTIC CONDUIT 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. PLASTIC CONDUIT 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. PLASTIC CONDUIT MARKET - GLOBAL MARKET ANALYSIS
6.1. PLASTIC CONDUIT - GLOBAL MARKET OVERVIEW
6.2. PLASTIC CONDUIT - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. PLASTIC CONDUIT MARKET - REVENUE AND FORECASTS TO 2028 - TYPE
7.1. OVERVIEW
7.2. TYPE MARKET FORECASTS AND ANALYSIS
7.3. RIGID CONDUITS
7.3.1. Overview
7.3.2. Rigid Conduits Market Forecast and Analysis
7.4. FLEXIBLE CONDUITS
7.4.1. Overview
7.4.2. Flexible Conduits Market Forecast and Analysis
8. PLASTIC CONDUIT MARKET - REVENUE AND FORECASTS TO 2028 - MATERIAL
8.1. OVERVIEW
8.2. MATERIAL MARKET FORECASTS AND ANALYSIS
8.3. POLYVINYL CHLORIDE (PVC)
8.3.1. Overview
8.3.2. Polyvinyl Chloride (PVC) Market Forecast and Analysis
8.4. POLYPROPYLENE (PP)
8.4.1. Overview
8.4.2. Polypropylene (PP) Market Forecast and Analysis
8.5. HIGH DENSITY POLYETHYLENE (HDPE)
8.5.1. Overview
8.5.2. High Density Polyethylene (HDPE) Market Forecast and Analysis
8.6. OTHERS
8.6.1. Overview
8.6.2. Others Market Forecast and Analysis
9. PLASTIC CONDUIT MARKET - REVENUE AND FORECASTS TO 2028 - INDUSTRY VERTICAL
9.1. OVERVIEW
9.2. INDUSTRY VERTICAL MARKET FORECASTS AND ANALYSIS
9.3. MANUFACTURING
9.3.1. Overview
9.3.2. Manufacturing Market Forecast and Analysis
9.4. CONSTRUCTION
9.4.1. Overview
9.4.2. Construction Market Forecast and Analysis
9.5. IT AND TELECOM
9.5.1. Overview
9.5.2. IT and Telecom Market Forecast and Analysis
9.6. HEALTHCARE
9.6.1. Overview
9.6.2. Healthcare Market Forecast and Analysis
9.7. OTHERS
9.7.1. Overview
9.7.2. Others Market Forecast and Analysis
10. PLASTIC CONDUIT MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
10.1. NORTH AMERICA
10.1.1 North America Plastic Conduit Market Overview
10.1.2 North America Plastic Conduit Market Forecasts and Analysis
10.1.3 North America Plastic Conduit Market Forecasts and Analysis - By Type
10.1.4 North America Plastic Conduit Market Forecasts and Analysis - By Material
10.1.5 North America Plastic Conduit Market Forecasts and Analysis - By Industry Vertical
10.1.6 North America Plastic Conduit Market Forecasts and Analysis - By Countries
10.1.6.1 United States Plastic Conduit Market
10.1.6.1.1 United States Plastic Conduit Market by Type
10.1.6.1.2 United States Plastic Conduit Market by Material
10.1.6.1.3 United States Plastic Conduit Market by Industry Vertical
10.1.6.2 Canada Plastic Conduit Market
10.1.6.2.1 Canada Plastic Conduit Market by Type
10.1.6.2.2 Canada Plastic Conduit Market by Material
10.1.6.2.3 Canada Plastic Conduit Market by Industry Vertical
10.1.6.3 Mexico Plastic Conduit Market
10.1.6.3.1 Mexico Plastic Conduit Market by Type
10.1.6.3.2 Mexico Plastic Conduit Market by Material
10.1.6.3.3 Mexico Plastic Conduit Market by Industry Vertical
10.2. EUROPE
10.2.1 Europe Plastic Conduit Market Overview
10.2.2 Europe Plastic Conduit Market Forecasts and Analysis
10.2.3 Europe Plastic Conduit Market Forecasts and Analysis - By Type
10.2.4 Europe Plastic Conduit Market Forecasts and Analysis - By Material
10.2.5 Europe Plastic Conduit Market Forecasts and Analysis - By Industry Vertical
10.2.6 Europe Plastic Conduit Market Forecasts and Analysis - By Countries
10.2.6.1 Germany Plastic Conduit Market
10.2.6.1.1 Germany Plastic Conduit Market by Type
10.2.6.1.2 Germany Plastic Conduit Market by Material
10.2.6.1.3 Germany Plastic Conduit Market by Industry Vertical
10.2.6.2 France Plastic Conduit Market
10.2.6.2.1 France Plastic Conduit Market by Type
10.2.6.2.2 France Plastic Conduit Market by Material
10.2.6.2.3 France Plastic Conduit Market by Industry Vertical
10.2.6.3 Italy Plastic Conduit Market
10.2.6.3.1 Italy Plastic Conduit Market by Type
10.2.6.3.2 Italy Plastic Conduit Market by Material
10.2.6.3.3 Italy Plastic Conduit Market by Industry Vertical
10.2.6.4 United Kingdom Plastic Conduit Market
10.2.6.4.1 United Kingdom Plastic Conduit Market by Type
10.2.6.4.2 United Kingdom Plastic Conduit Market by Material
10.2.6.4.3 United Kingdom Plastic Conduit Market by Industry Vertical
10.2.6.5 Russia Plastic Conduit Market
10.2.6.5.1 Russia Plastic Conduit Market by Type
10.2.6.5.2 Russia Plastic Conduit Market by Material
10.2.6.5.3 Russia Plastic Conduit Market by Industry Vertical
10.2.6.6 Rest of Europe Plastic Conduit Market
10.2.6.6.1 Rest of Europe Plastic Conduit Market by Type
10.2.6.6.2 Rest of Europe Plastic Conduit Market by Material
10.2.6.6.3 Rest of Europe Plastic Conduit Market by Industry Vertical
10.3. ASIA-PACIFIC
10.3.1 Asia-Pacific Plastic Conduit Market Overview
10.3.2 Asia-Pacific Plastic Conduit Market Forecasts and Analysis
10.3.3 Asia-Pacific Plastic Conduit Market Forecasts and Analysis - By Type
10.3.4 Asia-Pacific Plastic Conduit Market Forecasts and Analysis - By Material
10.3.5 Asia-Pacific Plastic Conduit Market Forecasts and Analysis - By Industry Vertical
10.3.6 Asia-Pacific Plastic Conduit Market Forecasts and Analysis - By Countries
10.3.6.1 Australia Plastic Conduit Market
10.3.6.1.1 Australia Plastic Conduit Market by Type
10.3.6.1.2 Australia Plastic Conduit Market by Material
10.3.6.1.3 Australia Plastic Conduit Market by Industry Vertical
10.3.6.2 China Plastic Conduit Market
10.3.6.2.1 China Plastic Conduit Market by Type
10.3.6.2.2 China Plastic Conduit Market by Material
10.3.6.2.3 China Plastic Conduit Market by Industry Vertical
10.3.6.3 India Plastic Conduit Market
10.3.6.3.1 India Plastic Conduit Market by Type
10.3.6.3.2 India Plastic Conduit Market by Material
10.3.6.3.3 India Plastic Conduit Market by Industry Vertical
10.3.6.4 Japan Plastic Conduit Market
10.3.6.4.1 Japan Plastic Conduit Market by Type
10.3.6.4.2 Japan Plastic Conduit Market by Material
10.3.6.4.3 Japan Plastic Conduit Market by Industry Vertical
10.3.6.5 South Korea Plastic Conduit Market
10.3.6.5.1 South Korea Plastic Conduit Market by Type
10.3.6.5.2 South Korea Plastic Conduit Market by Material
10.3.6.5.3 South Korea Plastic Conduit Market by Industry Vertical
10.3.6.6 Rest of Asia-Pacific Plastic Conduit Market
10.3.6.6.1 Rest of Asia-Pacific Plastic Conduit Market by Type
10.3.6.6.2 Rest of Asia-Pacific Plastic Conduit Market by Material
10.3.6.6.3 Rest of Asia-Pacific Plastic Conduit Market by Industry Vertical
10.4. MIDDLE EAST AND AFRICA
10.4.1 Middle East and Africa Plastic Conduit Market Overview
10.4.2 Middle East and Africa Plastic Conduit Market Forecasts and Analysis
10.4.3 Middle East and Africa Plastic Conduit Market Forecasts and Analysis - By Type
10.4.4 Middle East and Africa Plastic Conduit Market Forecasts and Analysis - By Material
10.4.5 Middle East and Africa Plastic Conduit Market Forecasts and Analysis - By Industry Vertical
10.4.6 Middle East and Africa Plastic Conduit Market Forecasts and Analysis - By Countries
10.4.6.1 South Africa Plastic Conduit Market
10.4.6.1.1 South Africa Plastic Conduit Market by Type
10.4.6.1.2 South Africa Plastic Conduit Market by Material
10.4.6.1.3 South Africa Plastic Conduit Market by Industry Vertical
10.4.6.2 Saudi Arabia Plastic Conduit Market
10.4.6.2.1 Saudi Arabia Plastic Conduit Market by Type
10.4.6.2.2 Saudi Arabia Plastic Conduit Market by Material
10.4.6.2.3 Saudi Arabia Plastic Conduit Market by Industry Vertical
10.4.6.3 U.A.E Plastic Conduit Market
10.4.6.3.1 U.A.E Plastic Conduit Market by Type
10.4.6.3.2 U.A.E Plastic Conduit Market by Material
10.4.6.3.3 U.A.E Plastic Conduit Market by Industry Vertical
10.4.6.4 Rest of Middle East and Africa Plastic Conduit Market
10.4.6.4.1 Rest of Middle East and Africa Plastic Conduit Market by Type
10.4.6.4.2 Rest of Middle East and Africa Plastic Conduit Market by Material
10.4.6.4.3 Rest of Middle East and Africa Plastic Conduit Market by Industry Vertical
10.5. SOUTH AND CENTRAL AMERICA
10.5.1 South and Central America Plastic Conduit Market Overview
10.5.2 South and Central America Plastic Conduit Market Forecasts and Analysis
10.5.3 South and Central America Plastic Conduit Market Forecasts and Analysis - By Type
10.5.4 South and Central America Plastic Conduit Market Forecasts and Analysis - By Material
10.5.5 South and Central America Plastic Conduit Market Forecasts and Analysis - By Industry Vertical
10.5.6 South and Central America Plastic Conduit Market Forecasts and Analysis - By Countries
10.5.6.1 Brazil Plastic Conduit Market
10.5.6.1.1 Brazil Plastic Conduit Market by Type
10.5.6.1.2 Brazil Plastic Conduit Market by Material
10.5.6.1.3 Brazil Plastic Conduit Market by Industry Vertical
10.5.6.2 Argentina Plastic Conduit Market
10.5.6.2.1 Argentina Plastic Conduit Market by Type
10.5.6.2.2 Argentina Plastic Conduit Market by Material
10.5.6.2.3 Argentina Plastic Conduit Market by Industry Vertical
10.5.6.3 Rest of South and Central America Plastic Conduit Market
10.5.6.3.1 Rest of South and Central America Plastic Conduit Market by Type
10.5.6.3.2 Rest of South and Central America Plastic Conduit Market by Material
10.5.6.3.3 Rest of South and Central America Plastic Conduit Market by Industry Vertical
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. PLASTIC CONDUIT MARKET, KEY COMPANY PROFILES
12.1. ABB
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. AKG GROUP
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. ALLIED TUBE AND CONDUIT
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. ATKORE INTERNATIONAL
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. CANTEX INC.
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. DURA-LINE
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. HUBBELL.
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. PRECISION
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. PRIME CONDUIT, INC.
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. SCHNEIDER ELECTRIC
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
The List of Companies
- ABB
- AKG Group
- Allied Tube & Conduit
- Atkore International
- Cantex Inc.
- Dura-Line
- Hubbell.
- Precision
- Prime Conduit, Inc.
- Schneider Electric
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.