Position Sensor Market Dynamics - 2021 to 2031
The Position Sensor Market is expected to register a CAGR of 8.1% 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 Sensor Type (Linear Position Sensor and Rotary Position Sensor), Type (Contact Type and Non-Contact Type), Industry Vertical (Automotive, Healthcare, Aerospace, Manufacturing, and Others). 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 Position Sensor 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.
Position Sensor Market Segmentation
Sensor Type- Linear Position Sensor and Rotary Position Sensor
- Contact Type and Non-Contact Type
- Automotive
- Healthcare
- Aerospace
- Manufacturing
- Others
- North America
- Europe
- Asia-Pacific
- South and Central America
- Middle East and Africa
- North America
- Europe
- Asia-Pacific
- South and Central America
- Middle East and Africa
Strategic Insights
Position Sensor Market Growth Drivers- Rising adoption of Industry 4.0 and smart manufacturing: Industry 4.0 and smart manufacturing adopt connected systems and demand accurate position data in their process. The use of position sensors is critical in automated machinery, intelligent robot systems, and real-time monitoring of the production process. It will allow digital twins, automated quality control, and advanced manufacturing workflows, which directly demand sensors.
- Growing demand for predictive maintenance solutions: Position sensors enable predictive maintenance as they continuously document the movement and positioning of equipment. Anomalies in machine positioning patterns or movement patterns indicate potential failure to the maintenance crew far in advance. Downtime is minimized, equipment longevity is increased, and scheduling of maintenance is optimized; all of these factors place position sensors as a staple for the automotive industry.
- Miniaturization of sensors: The miniaturization of sensors is one such trend; manufacturers are emphasizing the need for position sensors to be smaller but much more powerful. This permits them to be used within space-restricted applications like wearables, mobiles, compact automotive components while still sustaining or enhancing their accuracy and performance capabilities.The trend towards miniaturization of position sensors is becoming increasingly prevalent in the market.
- Integration of IoT and Smart Technologies: A prominent trend in the position sensors market is the integration of IoT and smart technologies. As industries move towards digital transformation, position sensors are increasingly being equipped with connectivity features that allow them to communicate with other devices and systems. This integration enables real-time monitoring and data analysis, enhancing operational efficiency and decision-making. The demand for smart position sensors that can be integrated into larger IoT ecosystems is expected to grow, driving innovation and adoption in various sectors.
- Drone navigation and control systems: The main applications of position sensors include drone stability, navigation accuracy, and control of the flight. This is very important for altitude measurements, obstacle avoidance, and self-guided flying. The booming drone market in various commercial, agricultural, and surveillance applications makes the requirement for high-precision position sensing solutions surge.
- Edge computing capabilities: Edge computing in the case of position sensors facilitates a real-time processing of the same data at the level of the sensor, cutting on latency and bandwidth demands. This is going to permit faster decision-making processes to be made, increasing in accuracy and reliability as well. Edge computing integrated in smart sensors has combined ability to perform complex computation tasks, filtering, analytics operations without reliance on a centralized processor.
Market Report Scope
Key Selling Points
- Comprehensive Coverage: The report comprehensively covers the analysis of products, services, types, and end users of the Position Sensor 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 Position Sensor 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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- 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
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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
The Position Sensor Market is estimated to witness a CAGR of 8.1% from 2023 to 2031
Rising adoption of Industry 4.0 and smart manufacturing, Growing demand for predictive maintenance solutions, Automotive Applications
Miniaturization of sensors
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 Position Sensor Market - By Sensor Type
1.3.2 Position Sensor Market - By Type
1.3.3 Position Sensor Market - By Industry Vertical
1.3.4 Position Sensor Market - By Region
1.3.4.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. POSITION SENSOR 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. POSITION SENSOR 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. POSITION SENSOR MARKET - GLOBAL MARKET ANALYSIS
6.1. POSITION SENSOR - GLOBAL MARKET OVERVIEW
6.2. POSITION SENSOR - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. POSITION SENSOR MARKET - REVENUE AND FORECASTS TO 2028 - SENSOR TYPE
7.1. OVERVIEW
7.2. SENSOR TYPE MARKET FORECASTS AND ANALYSIS
7.3. LINEAR POSITION SENSOR
7.3.1. Overview
7.3.2. Linear Position Sensor Market Forecast and Analysis
7.4. ROTARY POSITION SENSOR
7.4.1. Overview
7.4.2. Rotary Position Sensor Market Forecast and Analysis
8. POSITION SENSOR MARKET - REVENUE AND FORECASTS TO 2028 - TYPE
8.1. OVERVIEW
8.2. TYPE MARKET FORECASTS AND ANALYSIS
8.3. CONTACT TYPE
8.3.1. Overview
8.3.2. Contact Type Market Forecast and Analysis
8.4. NON-CONTACT TYPE
8.4.1. Overview
8.4.2. Non-Contact Type Market Forecast and Analysis
9. POSITION SENSOR MARKET - REVENUE AND FORECASTS TO 2028 - INDUSTRY VERTICAL
9.1. OVERVIEW
9.2. INDUSTRY VERTICAL MARKET FORECASTS AND ANALYSIS
9.3. AUTOMOTIVE
9.3.1. Overview
9.3.2. Automotive Market Forecast and Analysis
9.4. HEALTHCARE
9.4.1. Overview
9.4.2. Healthcare Market Forecast and Analysis
9.5. AEROSPACE
9.5.1. Overview
9.5.2. Aerospace Market Forecast and Analysis
9.6. MANUFACTURING
9.6.1. Overview
9.6.2. Manufacturing Market Forecast and Analysis
9.7. OTHERS
9.7.1. Overview
9.7.2. Others Market Forecast and Analysis
10. POSITION SENSOR MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
10.1. NORTH AMERICA
10.1.1 North America Position Sensor Market Overview
10.1.2 North America Position Sensor Market Forecasts and Analysis
10.1.3 North America Position Sensor Market Forecasts and Analysis - By Sensor Type
10.1.4 North America Position Sensor Market Forecasts and Analysis - By Type
10.1.5 North America Position Sensor Market Forecasts and Analysis - By Industry Vertical
10.1.6 North America Position Sensor Market Forecasts and Analysis - By Countries
10.1.6.1 United States Position Sensor Market
10.1.6.1.1 United States Position Sensor Market by Sensor Type
10.1.6.1.2 United States Position Sensor Market by Type
10.1.6.1.3 United States Position Sensor Market by Industry Vertical
10.1.6.2 Canada Position Sensor Market
10.1.6.2.1 Canada Position Sensor Market by Sensor Type
10.1.6.2.2 Canada Position Sensor Market by Type
10.1.6.2.3 Canada Position Sensor Market by Industry Vertical
10.1.6.3 Mexico Position Sensor Market
10.1.6.3.1 Mexico Position Sensor Market by Sensor Type
10.1.6.3.2 Mexico Position Sensor Market by Type
10.1.6.3.3 Mexico Position Sensor Market by Industry Vertical
10.2. EUROPE
10.2.1 Europe Position Sensor Market Overview
10.2.2 Europe Position Sensor Market Forecasts and Analysis
10.2.3 Europe Position Sensor Market Forecasts and Analysis - By Sensor Type
10.2.4 Europe Position Sensor Market Forecasts and Analysis - By Type
10.2.5 Europe Position Sensor Market Forecasts and Analysis - By Industry Vertical
10.2.6 Europe Position Sensor Market Forecasts and Analysis - By Countries
10.2.6.1 Germany Position Sensor Market
10.2.6.1.1 Germany Position Sensor Market by Sensor Type
10.2.6.1.2 Germany Position Sensor Market by Type
10.2.6.1.3 Germany Position Sensor Market by Industry Vertical
10.2.6.2 France Position Sensor Market
10.2.6.2.1 France Position Sensor Market by Sensor Type
10.2.6.2.2 France Position Sensor Market by Type
10.2.6.2.3 France Position Sensor Market by Industry Vertical
10.2.6.3 Italy Position Sensor Market
10.2.6.3.1 Italy Position Sensor Market by Sensor Type
10.2.6.3.2 Italy Position Sensor Market by Type
10.2.6.3.3 Italy Position Sensor Market by Industry Vertical
10.2.6.4 United Kingdom Position Sensor Market
10.2.6.4.1 United Kingdom Position Sensor Market by Sensor Type
10.2.6.4.2 United Kingdom Position Sensor Market by Type
10.2.6.4.3 United Kingdom Position Sensor Market by Industry Vertical
10.2.6.5 Russia Position Sensor Market
10.2.6.5.1 Russia Position Sensor Market by Sensor Type
10.2.6.5.2 Russia Position Sensor Market by Type
10.2.6.5.3 Russia Position Sensor Market by Industry Vertical
10.2.6.6 Rest of Europe Position Sensor Market
10.2.6.6.1 Rest of Europe Position Sensor Market by Sensor Type
10.2.6.6.2 Rest of Europe Position Sensor Market by Type
10.2.6.6.3 Rest of Europe Position Sensor Market by Industry Vertical
10.3. ASIA-PACIFIC
10.3.1 Asia-Pacific Position Sensor Market Overview
10.3.2 Asia-Pacific Position Sensor Market Forecasts and Analysis
10.3.3 Asia-Pacific Position Sensor Market Forecasts and Analysis - By Sensor Type
10.3.4 Asia-Pacific Position Sensor Market Forecasts and Analysis - By Type
10.3.5 Asia-Pacific Position Sensor Market Forecasts and Analysis - By Industry Vertical
10.3.6 Asia-Pacific Position Sensor Market Forecasts and Analysis - By Countries
10.3.6.1 Australia Position Sensor Market
10.3.6.1.1 Australia Position Sensor Market by Sensor Type
10.3.6.1.2 Australia Position Sensor Market by Type
10.3.6.1.3 Australia Position Sensor Market by Industry Vertical
10.3.6.2 China Position Sensor Market
10.3.6.2.1 China Position Sensor Market by Sensor Type
10.3.6.2.2 China Position Sensor Market by Type
10.3.6.2.3 China Position Sensor Market by Industry Vertical
10.3.6.3 India Position Sensor Market
10.3.6.3.1 India Position Sensor Market by Sensor Type
10.3.6.3.2 India Position Sensor Market by Type
10.3.6.3.3 India Position Sensor Market by Industry Vertical
10.3.6.4 Japan Position Sensor Market
10.3.6.4.1 Japan Position Sensor Market by Sensor Type
10.3.6.4.2 Japan Position Sensor Market by Type
10.3.6.4.3 Japan Position Sensor Market by Industry Vertical
10.3.6.5 South Korea Position Sensor Market
10.3.6.5.1 South Korea Position Sensor Market by Sensor Type
10.3.6.5.2 South Korea Position Sensor Market by Type
10.3.6.5.3 South Korea Position Sensor Market by Industry Vertical
10.3.6.6 Rest of Asia-Pacific Position Sensor Market
10.3.6.6.1 Rest of Asia-Pacific Position Sensor Market by Sensor Type
10.3.6.6.2 Rest of Asia-Pacific Position Sensor Market by Type
10.3.6.6.3 Rest of Asia-Pacific Position Sensor Market by Industry Vertical
10.4. MIDDLE EAST AND AFRICA
10.4.1 Middle East and Africa Position Sensor Market Overview
10.4.2 Middle East and Africa Position Sensor Market Forecasts and Analysis
10.4.3 Middle East and Africa Position Sensor Market Forecasts and Analysis - By Sensor Type
10.4.4 Middle East and Africa Position Sensor Market Forecasts and Analysis - By Type
10.4.5 Middle East and Africa Position Sensor Market Forecasts and Analysis - By Industry Vertical
10.4.6 Middle East and Africa Position Sensor Market Forecasts and Analysis - By Countries
10.4.6.1 South Africa Position Sensor Market
10.4.6.1.1 South Africa Position Sensor Market by Sensor Type
10.4.6.1.2 South Africa Position Sensor Market by Type
10.4.6.1.3 South Africa Position Sensor Market by Industry Vertical
10.4.6.2 Saudi Arabia Position Sensor Market
10.4.6.2.1 Saudi Arabia Position Sensor Market by Sensor Type
10.4.6.2.2 Saudi Arabia Position Sensor Market by Type
10.4.6.2.3 Saudi Arabia Position Sensor Market by Industry Vertical
10.4.6.3 U.A.E Position Sensor Market
10.4.6.3.1 U.A.E Position Sensor Market by Sensor Type
10.4.6.3.2 U.A.E Position Sensor Market by Type
10.4.6.3.3 U.A.E Position Sensor Market by Industry Vertical
10.4.6.4 Rest of Middle East and Africa Position Sensor Market
10.4.6.4.1 Rest of Middle East and Africa Position Sensor Market by Sensor Type
10.4.6.4.2 Rest of Middle East and Africa Position Sensor Market by Type
10.4.6.4.3 Rest of Middle East and Africa Position Sensor Market by Industry Vertical
10.5. SOUTH AND CENTRAL AMERICA
10.5.1 South and Central America Position Sensor Market Overview
10.5.2 South and Central America Position Sensor Market Forecasts and Analysis
10.5.3 South and Central America Position Sensor Market Forecasts and Analysis - By Sensor Type
10.5.4 South and Central America Position Sensor Market Forecasts and Analysis - By Type
10.5.5 South and Central America Position Sensor Market Forecasts and Analysis - By Industry Vertical
10.5.6 South and Central America Position Sensor Market Forecasts and Analysis - By Countries
10.5.6.1 Brazil Position Sensor Market
10.5.6.1.1 Brazil Position Sensor Market by Sensor Type
10.5.6.1.2 Brazil Position Sensor Market by Type
10.5.6.1.3 Brazil Position Sensor Market by Industry Vertical
10.5.6.2 Argentina Position Sensor Market
10.5.6.2.1 Argentina Position Sensor Market by Sensor Type
10.5.6.2.2 Argentina Position Sensor Market by Type
10.5.6.2.3 Argentina Position Sensor Market by Industry Vertical
10.5.6.3 Rest of South and Central America Position Sensor Market
10.5.6.3.1 Rest of South and Central America Position Sensor Market by Sensor Type
10.5.6.3.2 Rest of South and Central America Position Sensor Market by Type
10.5.6.3.3 Rest of South and Central America Position Sensor 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. POSITION SENSOR MARKET, KEY COMPANY PROFILES
12.1. ALTHEN SENSORS
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. AMS AG
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. BOURNS, INC.
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. INFINEON TECHNOLOGIES AG
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. HONEYWELL INTERNATIONAL 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. RENISHAW PLC
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. STMICROELECTRONICS N.V.
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. SICK AG
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. TE CONNECTIVITY LTD.
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. VISHAY INTERTECHNOLOGY
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.Althen Sensors
2.ams AG
3.Bourns, Inc.
4.Infineon Technologies AG
5.Honeywell International Inc.
6.Renishaw plc
7.STMicroelectronics N.V.
8.SICK AG
9.TE Connectivity Ltd.
10.Vishay Intertechnology
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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