Rotary Air Compressor Market Dynamics 2021-2031
Rotary air compressors are equipment that is used for the compression of air. These equipment are majorly used in refrigerators, automobile superchargers, air conditioners (AC), etc. The increasing usage of rotary air compressors across the industries due to its benefits such as enhanced safety, improved operational efficiency, enhanced productivity, and cost-effective products. Thus, the rising demand for the rotary air compressors among the industries which boosting the growth of the rotary air compressors market. Moreover, rotary air compressors are lighter, portable, and have low noise levels, which also fuel the demand for the rotary air compressor market.
MARKET DYNAMICS
The rotary air compressor market is obtaining popularity due to the rising need for energy-efficient products, increasing application areas, penetration of IoT & industry 4.0, rise in the number of industrial infrastructure projects, and increased investment across all the industries. However, the availability of alternative air compressors such as reciprocating is the key hindering factor for the growth of the rotary air compressor market. Furthermore, the wide range of applications of rotary air compressors in oil & gas, chemicals, power generation, construction, mining, pharmaceuticals, food & beverages, and others are expected to influence the growth of the rotary air compressor market.
MARKET SCOPE
The "Global Rotary Air Compressor Market Analysis to 2031" is a specialized and in-depth study of the rotary air compressor industry with a special focus on the global market trend analysis. The report aims to provide an overview rotary air compressor market with detailed market segmentation as type, lubrication method, industry, and geography. The global rotary air compressor market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading rotary air compressor market players and offers key trends and opportunities in the rotary air compressor market.
MARKET SEGMENTATION
The global rotary air compressor market is segmented on the basis of type, lubrication method, industry. On the basis of type the market is segmented as portable, stationary. On the basis of lubrication method the market is segmented as oiled, oil-free. On the basis of industry the market is segmented as food and beverages, oil and gas, manufacturing, power generation, medical, others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global Rotary air compressor 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 rotary air compressor 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 rotary air compressor 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 rotary air compressor market in these regions.
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The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global Rotary air compressor 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 rotary air compressor 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 rotary air compressor 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 rotary air compressor market in these regions.
MARKET PLAYERS
The reports cover key developments in the rotary air compressor 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 rotary air compressor market are anticipated to lucrative growth opportunities in the future with the rising demand for rotary air compressor in the global market. Below mentioned is the list of few companies engaged in the rotary air compressor market.
The report also includes the profiles of key rotary air compressor 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.
- Atlas Copco
- Doosan Portable Power
- Elgi Equipments Limited
- Hitachi Ltd.
- Howden Group
- Ingersoll-Rand plc
- Kaeser Kompressoren
- Kaishan Compressor
- Kobe Steel, Ltd.
- Quincy Compressor LLC
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.
- 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.
1.INTRODUCTION
1.1.SCOPE OF THE STUDY
1.2.THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3.MARKET SEGMENTATION
1.3.1Rotary Air Compressor Market - By Type
1.3.2Rotary Air Compressor Market - By Lubrication Method
1.3.3Rotary Air Compressor Market - By Industry
1.3.4Rotary Air Compressor Market - By Region
1.3.4.1By Country
2.KEY TAKEAWAYS
3.RESEARCH METHODOLOGY
4.ROTARY AIR COMPRESSOR MARKET LANDSCAPE
4.1.OVERVIEW
4.2.PORTER™S FIVE FORCES ANALYSIS
4.2.1Bargaining Power of Buyers
4.2.1Bargaining Power of Suppliers
4.2.1Threat of Substitute
4.2.1Threat of New Entrants
4.2.1Competitive Rivalry
4.3.ECOSYSTEM ANALYSIS
4.4.EXPERT OPINIONS
5.ROTARY AIR COMPRESSOR MARKET - KEY MARKET DYNAMICS
5.1.KEY MARKET DRIVERS
5.2.KEY MARKET RESTRAINTS
5.3.KEY MARKET OPPORTUNITIES
5.4.FUTURE TRENDS
5.5.IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
6.ROTARY AIR COMPRESSOR MARKET - GLOBAL MARKET ANALYSIS
6.1.ROTARY AIR COMPRESSOR - GLOBAL MARKET OVERVIEW
6.2.ROTARY AIR COMPRESSOR - GLOBAL MARKET AND FORECAST TO 2028
6.3.MARKET POSITIONING/MARKET SHARE
7.ROTARY AIR COMPRESSOR MARKET - REVENUE AND FORECASTS TO 2028 TYPE
7.1.OVERVIEW
7.2.TYPE MARKET FORECASTS AND ANALYSIS
7.3.PORTABLE
7.3.1.Overview
7.3.2.Portable Market Forecast and Analysis
7.4.STATIONARY
7.4.1.Overview
7.4.2.Stationary Market Forecast and Analysis
8.ROTARY AIR COMPRESSOR MARKET - REVENUE AND FORECASTS TO 2028 LUBRICATION METHOD
8.1.OVERVIEW
8.2.LUBRICATION METHOD MARKET FORECASTS AND ANALYSIS
8.3.OILED
8.3.1.Overview
8.3.2.Oiled Market Forecast and Analysis
8.4.OIL-FREE
8.4.1.Overview
8.4.2.Oil-free Market Forecast and Analysis
9.ROTARY AIR COMPRESSOR MARKET - REVENUE AND FORECASTS TO 2028 INDUSTRY
9.1.OVERVIEW
9.2.INDUSTRY MARKET FORECASTS AND ANALYSIS
9.3.FOOD AND BEVERAGES
9.3.1.Overview
9.3.2.Food and Beverages Market Forecast and Analysis
9.4.OIL AND GAS
9.4.1.Overview
9.4.2.Oil and Gas Market Forecast and Analysis
9.5.MANUFACTURING
9.5.1.Overview
9.5.2.Manufacturing Market Forecast and Analysis
9.6.POWER GENERATION
9.6.1.Overview
9.6.2.Power Generation Market Forecast and Analysis
9.7.MEDICAL
9.7.1.Overview
9.7.2.Medical Market Forecast and Analysis
9.8.OTHERS
9.8.1.Overview
9.8.2.Others Market Forecast and Analysis
10.ROTARY AIR COMPRESSOR MARKET REVENUE AND FORECASTS TO 2028 GEOGRAPHICAL ANALYSIS
10.1.NORTH AMERICA
10.1.1North America Rotary Air Compressor Market Overview
10.1.2North America Rotary Air Compressor Market Forecasts and Analysis
10.1.3North America Rotary Air Compressor Market Forecasts and Analysis - By Type
10.1.4North America Rotary Air Compressor Market Forecasts and Analysis - By Lubrication Method
10.1.5North America Rotary Air Compressor Market Forecasts and Analysis - By Industry
10.1.6North America Rotary Air Compressor Market Forecasts and Analysis - By Countries
10.1.6.1United States Rotary Air Compressor Market
10.1.6.1.1United States Rotary Air Compressor Market by Type
10.1.6.1.2United States Rotary Air Compressor Market by Lubrication Method
10.1.6.1.3United States Rotary Air Compressor Market by Industry
10.1.6.2Canada Rotary Air Compressor Market
10.1.6.2.1Canada Rotary Air Compressor Market by Type
10.1.6.2.2Canada Rotary Air Compressor Market by Lubrication Method
10.1.6.2.3Canada Rotary Air Compressor Market by Industry
10.1.6.3Mexico Rotary Air Compressor Market
10.1.6.3.1Mexico Rotary Air Compressor Market by Type
10.1.6.3.2Mexico Rotary Air Compressor Market by Lubrication Method
10.1.6.3.3Mexico Rotary Air Compressor Market by Industry
10.2.EUROPE
10.2.1Europe Rotary Air Compressor Market Overview
10.2.2Europe Rotary Air Compressor Market Forecasts and Analysis
10.2.3Europe Rotary Air Compressor Market Forecasts and Analysis - By Type
10.2.4Europe Rotary Air Compressor Market Forecasts and Analysis - By Lubrication Method
10.2.5Europe Rotary Air Compressor Market Forecasts and Analysis - By Industry
10.2.6Europe Rotary Air Compressor Market Forecasts and Analysis - By Countries
10.2.6.1Germany Rotary Air Compressor Market
10.2.6.1.1Germany Rotary Air Compressor Market by Type
10.2.6.1.2Germany Rotary Air Compressor Market by Lubrication Method
10.2.6.1.3Germany Rotary Air Compressor Market by Industry
10.2.6.2France Rotary Air Compressor Market
10.2.6.2.1France Rotary Air Compressor Market by Type
10.2.6.2.2France Rotary Air Compressor Market by Lubrication Method
10.2.6.2.3France Rotary Air Compressor Market by Industry
10.2.6.3Italy Rotary Air Compressor Market
10.2.6.3.1Italy Rotary Air Compressor Market by Type
10.2.6.3.2Italy Rotary Air Compressor Market by Lubrication Method
10.2.6.3.3Italy Rotary Air Compressor Market by Industry
10.2.6.4United Kingdom Rotary Air Compressor Market
10.2.6.4.1United Kingdom Rotary Air Compressor Market by Type
10.2.6.4.2United Kingdom Rotary Air Compressor Market by Lubrication Method
10.2.6.4.3United Kingdom Rotary Air Compressor Market by Industry
10.2.6.5Russia Rotary Air Compressor Market
10.2.6.5.1Russia Rotary Air Compressor Market by Type
10.2.6.5.2Russia Rotary Air Compressor Market by Lubrication Method
10.2.6.5.3Russia Rotary Air Compressor Market by Industry
10.2.6.6Rest of Europe Rotary Air Compressor Market
10.2.6.6.1Rest of Europe Rotary Air Compressor Market by Type
10.2.6.6.2Rest of Europe Rotary Air Compressor Market by Lubrication Method
10.2.6.6.3Rest of Europe Rotary Air Compressor Market by Industry
10.3.ASIA-PACIFIC
10.3.1Asia-Pacific Rotary Air Compressor Market Overview
10.3.2Asia-Pacific Rotary Air Compressor Market Forecasts and Analysis
10.3.3Asia-Pacific Rotary Air Compressor Market Forecasts and Analysis - By Type
10.3.4Asia-Pacific Rotary Air Compressor Market Forecasts and Analysis - By Lubrication Method
10.3.5Asia-Pacific Rotary Air Compressor Market Forecasts and Analysis - By Industry
10.3.6Asia-Pacific Rotary Air Compressor Market Forecasts and Analysis - By Countries
10.3.6.1Australia Rotary Air Compressor Market
10.3.6.1.1Australia Rotary Air Compressor Market by Type
10.3.6.1.2Australia Rotary Air Compressor Market by Lubrication Method
10.3.6.1.3Australia Rotary Air Compressor Market by Industry
10.3.6.2China Rotary Air Compressor Market
10.3.6.2.1China Rotary Air Compressor Market by Type
10.3.6.2.2China Rotary Air Compressor Market by Lubrication Method
10.3.6.2.3China Rotary Air Compressor Market by Industry
10.3.6.3India Rotary Air Compressor Market
10.3.6.3.1India Rotary Air Compressor Market by Type
10.3.6.3.2India Rotary Air Compressor Market by Lubrication Method
10.3.6.3.3India Rotary Air Compressor Market by Industry
10.3.6.4Japan Rotary Air Compressor Market
10.3.6.4.1Japan Rotary Air Compressor Market by Type
10.3.6.4.2Japan Rotary Air Compressor Market by Lubrication Method
10.3.6.4.3Japan Rotary Air Compressor Market by Industry
10.3.6.5South Korea Rotary Air Compressor Market
10.3.6.5.1South Korea Rotary Air Compressor Market by Type
10.3.6.5.2South Korea Rotary Air Compressor Market by Lubrication Method
10.3.6.5.3South Korea Rotary Air Compressor Market by Industry
10.3.6.6Rest of Asia-Pacific Rotary Air Compressor Market
10.3.6.6.1Rest of Asia-Pacific Rotary Air Compressor Market by Type
10.3.6.6.2Rest of Asia-Pacific Rotary Air Compressor Market by Lubrication Method
10.3.6.6.3Rest of Asia-Pacific Rotary Air Compressor Market by Industry
10.4.MIDDLE EAST AND AFRICA
10.4.1Middle East and Africa Rotary Air Compressor Market Overview
10.4.2Middle East and Africa Rotary Air Compressor Market Forecasts and Analysis
10.4.3Middle East and Africa Rotary Air Compressor Market Forecasts and Analysis - By Type
10.4.4Middle East and Africa Rotary Air Compressor Market Forecasts and Analysis - By Lubrication Method
10.4.5Middle East and Africa Rotary Air Compressor Market Forecasts and Analysis - By Industry
10.4.6Middle East and Africa Rotary Air Compressor Market Forecasts and Analysis - By Countries
10.4.6.1South Africa Rotary Air Compressor Market
10.4.6.1.1South Africa Rotary Air Compressor Market by Type
10.4.6.1.2South Africa Rotary Air Compressor Market by Lubrication Method
10.4.6.1.3South Africa Rotary Air Compressor Market by Industry
10.4.6.2Saudi Arabia Rotary Air Compressor Market
10.4.6.2.1Saudi Arabia Rotary Air Compressor Market by Type
10.4.6.2.2Saudi Arabia Rotary Air Compressor Market by Lubrication Method
10.4.6.2.3Saudi Arabia Rotary Air Compressor Market by Industry
10.4.6.3U.A.E Rotary Air Compressor Market
10.4.6.3.1U.A.E Rotary Air Compressor Market by Type
10.4.6.3.2U.A.E Rotary Air Compressor Market by Lubrication Method
10.4.6.3.3U.A.E Rotary Air Compressor Market by Industry
10.4.6.4Rest of Middle East and Africa Rotary Air Compressor Market
10.4.6.4.1Rest of Middle East and Africa Rotary Air Compressor Market by Type
10.4.6.4.2Rest of Middle East and Africa Rotary Air Compressor Market by Lubrication Method
10.4.6.4.3Rest of Middle East and Africa Rotary Air Compressor Market by Industry
10.5.SOUTH AND CENTRAL AMERICA
10.5.1South and Central America Rotary Air Compressor Market Overview
10.5.2South and Central America Rotary Air Compressor Market Forecasts and Analysis
10.5.3South and Central America Rotary Air Compressor Market Forecasts and Analysis - By Type
10.5.4South and Central America Rotary Air Compressor Market Forecasts and Analysis - By Lubrication Method
10.5.5South and Central America Rotary Air Compressor Market Forecasts and Analysis - By Industry
10.5.6South and Central America Rotary Air Compressor Market Forecasts and Analysis - By Countries
10.5.6.1Brazil Rotary Air Compressor Market
10.5.6.1.1Brazil Rotary Air Compressor Market by Type
10.5.6.1.2Brazil Rotary Air Compressor Market by Lubrication Method
10.5.6.1.3Brazil Rotary Air Compressor Market by Industry
10.5.6.2Argentina Rotary Air Compressor Market
10.5.6.2.1Argentina Rotary Air Compressor Market by Type
10.5.6.2.2Argentina Rotary Air Compressor Market by Lubrication Method
10.5.6.2.3Argentina Rotary Air Compressor Market by Industry
10.5.6.3Rest of South and Central America Rotary Air Compressor Market
10.5.6.3.1Rest of South and Central America Rotary Air Compressor Market by Type
10.5.6.3.2Rest of South and Central America Rotary Air Compressor Market by Lubrication Method
10.5.6.3.3Rest of South and Central America Rotary Air Compressor Market by Industry
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.ROTARY AIR COMPRESSOR MARKET, KEY COMPANY PROFILES
12.1.ATLAS COPCO
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.DOOSAN PORTABLE POWER
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.ELGI EQUIPMENTS LIMITED
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.HITACHI LTD.
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.HOWDEN GROUP
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.INGERSOLL-RAND 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.KAESER KOMPRESSOREN
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.KAISHAN COMPRESSOR
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.KOBE STEEL, 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.QUINCY COMPRESSOR LLC
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. Atlas Copco
2. Doosan Portable Power
3. Elgi Equipments Limited
4. Hitachi Ltd.
5. Howden Group
6. Ingersoll-Rand plc
7. Kaeser Kompressoren
8. Kaishan Compressor
9. Kobe Steel, Ltd.
10. Quincy Compressor LLC
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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