Space Robotics Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

Coverage: Space Robotics Market covers analysis By Solution (Product, Services); Application (Deep Space, Near Space, Ground); End User (Commercial, Government) , and Geography (North America, Europe, Asia Pacific, and South and Central America)

  • Report Code : TIPRE00007502
  • Category : Electronics and Semiconductor
  • No. of Pages : 150
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Space Robotics Market Dynamics 2021-2031

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MARKET OVERVIEW

Space robotics are the machines that are capable of surviving in the space environment and perform their tasks. Many space missions are suited to the robotics system rather than crewed operation, hence rising demand for the space robotics market. Increasing space innovation across the globe, also growing investment by the government in space missions, is increasing demand for the space robotics market.

MARKET SCOPE

The "Global Space Robotics Market Analysis to 2031" is a specialized and in-depth study of the space robotics market industry with a special focus on the global market trend analysis. The report aims to provide an overview of space robotics market with detailed market segmentation by solution, application, end-user and geography. The global space robotics market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading space robotics market players and offers key trends and opportunities in the space robotics market.
MARKET SEGMENTATION

  •   Based on solution, the market is segmented into products and services
  •   On the basis of application, the market can be segmented into deep space, near space, ground.
  •   Based on end user, the market is segmented into commercial and government.

MARKET DYNAMICS
Drivers:

  •   Space robotics solutions generally operate for a long time, are less risky, and prove to be more cost-effective
  •   Space robotics have the ability to do multiple tasks such as inspection, deployment, maintenance, retrieval, exploration
  •   Increasing activity of satellite servicing, on-orbit assembly, de-orbiting service, also expanding the use of rovers, spacecraft, manipulator

Restraints

  •   Time delay, manipulation, and high manufacturing costs of space robotics solutions


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REGIONAL FRAMEWORK


The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The vinegar market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the marketduring 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 affecting the space robotics market in these regions.

IMPACT OF COVID-19 ON SPACE ROBOTICS MARKET
The economic crisis caused by the COVID-19 pandemic and the population containment measures have influenced organizations to restructure their strategies and operations in the evolution of space activities. It has a differentiated impact on different strata of space industry including the space robotics market. Particularly small and medium-sized enterprises constitute the bulk of commercial players in the space industry are struggling to cope with the current COVID-19 crisis. The medium and long-term effects of the crisis on government budgets and customer demand is that there will be significant reduction in funding in future institutional space or related programs. Further, due to several restrictions and limitations on the global level, launch schedules have been postponed, satellite production lines have slowed down or stopped and private financing has dried up, thus adversely affecting the global space robotics market.

World Geography

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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
MARKET PLAYERS


The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The vinegar market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the marketduring 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 affecting the space robotics market in these regions.

IMPACT OF COVID-19 ON SPACE ROBOTICS MARKET
The economic crisis caused by the COVID-19 pandemic and the population containment measures have influenced organizations to restructure their strategies and operations in the evolution of space activities. It has a differentiated impact on different strata of space industry including the space robotics market. Particularly small and medium-sized enterprises constitute the bulk of commercial players in the space industry are struggling to cope with the current COVID-19 crisis. The medium and long-term effects of the crisis on government budgets and customer demand is that there will be significant reduction in funding in future institutional space or related programs. Further, due to several restrictions and limitations on the global level, launch schedules have been postponed, satellite production lines have slowed down or stopped and private financing has dried up, thus adversely affecting the global space robotics market.

MARKET PLAYERS

The report covers key developments in the space robotics 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 marketwere acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from space robotics market are anticipated to lucrative growth opportunities in the future with the rising demand for space robotics in the global market.

The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the space robotics market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.

  •   Altius Space Machines
  •   Astrobotic Technology
  •   Effective Space Solutions Limited
  •   Honeybee Robotics
  •   Ispace
  •   Made In Space
  •   Maxar Technologies
  •   Metecs
  •   Motiv Space Systems
  •   Northrop Grumman

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
Report Coverage

Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends

Segment Covered
Segment Covered

This text is related
to segments covered.

Regional Scope
Regional Scope

North America, Europe, Asia Pacific, Middle East & Africa, South & Central America

Country Scope
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 Space Robotics Market - By Solution
1.3.2 Space Robotics Market - By Application
1.3.3 Space Robotics Market - By End User
1.3.4 Space Robotics Market - By Region
1.3.4.1 By Country

2. KEY TAKEAWAYS

3. RESEARCH METHODOLOGY

4. SPACE ROBOTICS MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PORTER’S FIVE FORCES ANALYSIS
4.2.1 Bargaining Power of Buyers
4.2.1 Bargaining Power of Suppliers
4.2.1 Threat of Substitute
4.2.1 Threat of New Entrants
4.2.1 Competitive Rivalry
4.3. ECOSYSTEM ANALYSIS
4.4. EXPERT OPINIONS

5. SPACE ROBOTICS 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. SPACE ROBOTICS MARKET - GLOBAL MARKET ANALYSIS
6.1. SPACE ROBOTICS - GLOBAL MARKET OVERVIEW
6.2. SPACE ROBOTICS - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE

7. SPACE ROBOTICS MARKET - REVENUE AND FORECASTS TO 2028 - SOLUTION
7.1. OVERVIEW
7.2. SOLUTION MARKET FORECASTS AND ANALYSIS
7.3. PRODUCT
7.3.1. Overview
7.3.2. Product Market Forecast and Analysis
7.4. SERVICES
7.4.1. Overview
7.4.2. Services Market Forecast and Analysis
8. SPACE ROBOTICS MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
8.1. OVERVIEW
8.2. APPLICATION MARKET FORECASTS AND ANALYSIS
8.3. DEEP SPACE
8.3.1. Overview
8.3.2. Deep Space Market Forecast and Analysis
8.4. NEAR SPACE
8.4.1. Overview
8.4.2. Near Space Market Forecast and Analysis
8.5. GROUND
8.5.1. Overview
8.5.2. Ground Market Forecast and Analysis
9. SPACE ROBOTICS MARKET - REVENUE AND FORECASTS TO 2028 - END USER
9.1. OVERVIEW
9.2. END USER MARKET FORECASTS AND ANALYSIS
9.3. COMMERCIAL
9.3.1. Overview
9.3.2. Commercial Market Forecast and Analysis
9.4. GOVERNMENT
9.4.1. Overview
9.4.2. Government Market Forecast and Analysis

10. SPACE ROBOTICS MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
10.1. NORTH AMERICA
10.1.1 North America Space Robotics Market Overview
10.1.2 North America Space Robotics Market Forecasts and Analysis
10.1.3 North America Space Robotics Market Forecasts and Analysis - By Solution
10.1.4 North America Space Robotics Market Forecasts and Analysis - By Application
10.1.5 North America Space Robotics Market Forecasts and Analysis - By End User
10.1.6 North America Space Robotics Market Forecasts and Analysis - By Countries
10.1.6.1 Canada Space Robotics Market
10.1.6.1.1 Canada Space Robotics Market by Solution
10.1.6.1.2 Canada Space Robotics Market by Application
10.1.6.1.3 Canada Space Robotics Market by End User
10.1.6.2 Mexico Space Robotics Market
10.1.6.2.1 Mexico Space Robotics Market by Solution
10.1.6.2.2 Mexico Space Robotics Market by Application
10.1.6.2.3 Mexico Space Robotics Market by End User
10.1.6.3 US Space Robotics Market
10.1.6.3.1 US Space Robotics Market by Solution
10.1.6.3.2 US Space Robotics Market by Application
10.1.6.3.3 US Space Robotics Market by End User
10.2. EUROPE
10.2.1 Europe Space Robotics Market Overview
10.2.2 Europe Space Robotics Market Forecasts and Analysis
10.2.3 Europe Space Robotics Market Forecasts and Analysis - By Solution
10.2.4 Europe Space Robotics Market Forecasts and Analysis - By Application
10.2.5 Europe Space Robotics Market Forecasts and Analysis - By End User
10.2.6 Europe Space Robotics Market Forecasts and Analysis - By Countries
10.2.6.1 Germany Space Robotics Market
10.2.6.1.1 Germany Space Robotics Market by Solution
10.2.6.1.2 Germany Space Robotics Market by Application
10.2.6.1.3 Germany Space Robotics Market by End User
10.2.6.2 France Space Robotics Market
10.2.6.2.1 France Space Robotics Market by Solution
10.2.6.2.2 France Space Robotics Market by Application
10.2.6.2.3 France Space Robotics Market by End User
10.2.6.3 Italy Space Robotics Market
10.2.6.3.1 Italy Space Robotics Market by Solution
10.2.6.3.2 Italy Space Robotics Market by Application
10.2.6.3.3 Italy Space Robotics Market by End User
10.2.6.4 United Kingdom Space Robotics Market
10.2.6.4.1 United Kingdom Space Robotics Market by Solution
10.2.6.4.2 United Kingdom Space Robotics Market by Application
10.2.6.4.3 United Kingdom Space Robotics Market by End User
10.2.6.5 Russia Space Robotics Market
10.2.6.5.1 Russia Space Robotics Market by Solution
10.2.6.5.2 Russia Space Robotics Market by Application
10.2.6.5.3 Russia Space Robotics Market by End User
10.2.6.6 Rest of Europe Space Robotics Market
10.2.6.6.1 Rest of Europe Space Robotics Market by Solution
10.2.6.6.2 Rest of Europe Space Robotics Market by Application
10.2.6.6.3 Rest of Europe Space Robotics Market by End User
10.3. ASIA-PACIFIC
10.3.1 Asia-Pacific Space Robotics Market Overview
10.3.2 Asia-Pacific Space Robotics Market Forecasts and Analysis
10.3.3 Asia-Pacific Space Robotics Market Forecasts and Analysis - By Solution
10.3.4 Asia-Pacific Space Robotics Market Forecasts and Analysis - By Application
10.3.5 Asia-Pacific Space Robotics Market Forecasts and Analysis - By End User
10.3.6 Asia-Pacific Space Robotics Market Forecasts and Analysis - By Countries
10.3.6.1 Australia Space Robotics Market
10.3.6.1.1 Australia Space Robotics Market by Solution
10.3.6.1.2 Australia Space Robotics Market by Application
10.3.6.1.3 Australia Space Robotics Market by End User
10.3.6.2 China Space Robotics Market
10.3.6.2.1 China Space Robotics Market by Solution
10.3.6.2.2 China Space Robotics Market by Application
10.3.6.2.3 China Space Robotics Market by End User
10.3.6.3 India Space Robotics Market
10.3.6.3.1 India Space Robotics Market by Solution
10.3.6.3.2 India Space Robotics Market by Application
10.3.6.3.3 India Space Robotics Market by End User
10.3.6.4 Japan Space Robotics Market
10.3.6.4.1 Japan Space Robotics Market by Solution
10.3.6.4.2 Japan Space Robotics Market by Application
10.3.6.4.3 Japan Space Robotics Market by End User
10.3.6.5 Rest of Asia-Pacific Space Robotics Market
10.3.6.5.1 Rest of Asia-Pacific Space Robotics Market by Solution
10.3.6.5.2 Rest of Asia-Pacific Space Robotics Market by Application
10.3.6.5.3 Rest of Asia-Pacific Space Robotics Market by End User
10.4. MIDDLE EAST AND AFRICA
10.4.1 Middle East and Africa Space Robotics Market Overview
10.4.2 Middle East and Africa Space Robotics Market Forecasts and Analysis
10.4.3 Middle East and Africa Space Robotics Market Forecasts and Analysis - By Solution
10.4.4 Middle East and Africa Space Robotics Market Forecasts and Analysis - By Application
10.4.5 Middle East and Africa Space Robotics Market Forecasts and Analysis - By End User
10.4.6 Middle East and Africa Space Robotics Market Forecasts and Analysis - By Countries
10.4.6.1 South Africa Space Robotics Market
10.4.6.1.1 South Africa Space Robotics Market by Solution
10.4.6.1.2 South Africa Space Robotics Market by Application
10.4.6.1.3 South Africa Space Robotics Market by End User
10.4.6.2 Saudi Arabia Space Robotics Market
10.4.6.2.1 Saudi Arabia Space Robotics Market by Solution
10.4.6.2.2 Saudi Arabia Space Robotics Market by Application
10.4.6.2.3 Saudi Arabia Space Robotics Market by End User
10.4.6.3 U.A.E Space Robotics Market
10.4.6.3.1 U.A.E Space Robotics Market by Solution
10.4.6.3.2 U.A.E Space Robotics Market by Application
10.4.6.3.3 U.A.E Space Robotics Market by End User
10.4.6.4 Rest of Middle East and Africa Space Robotics Market
10.4.6.4.1 Rest of Middle East and Africa Space Robotics Market by Solution
10.4.6.4.2 Rest of Middle East and Africa Space Robotics Market by Application
10.4.6.4.3 Rest of Middle East and Africa Space Robotics Market by End User
10.5. SOUTH AND CENTRAL AMERICA
10.5.1 South and Central America Space Robotics Market Overview
10.5.2 South and Central America Space Robotics Market Forecasts and Analysis
10.5.3 South and Central America Space Robotics Market Forecasts and Analysis - By Solution
10.5.4 South and Central America Space Robotics Market Forecasts and Analysis - By Application
10.5.5 South and Central America Space Robotics Market Forecasts and Analysis - By End User
10.5.6 South and Central America Space Robotics Market Forecasts and Analysis - By Countries
10.5.6.1 Brazil Space Robotics Market
10.5.6.1.1 Brazil Space Robotics Market by Solution
10.5.6.1.2 Brazil Space Robotics Market by Application
10.5.6.1.3 Brazil Space Robotics Market by End User
10.5.6.2 Argentina Space Robotics Market
10.5.6.2.1 Argentina Space Robotics Market by Solution
10.5.6.2.2 Argentina Space Robotics Market by Application
10.5.6.2.3 Argentina Space Robotics Market by End User
10.5.6.3 Rest of South and Central America Space Robotics Market
10.5.6.3.1 Rest of South and Central America Space Robotics Market by Solution
10.5.6.3.2 Rest of South and Central America Space Robotics Market by Application
10.5.6.3.3 Rest of South and Central America Space Robotics Market by End User

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. SPACE ROBOTICS MARKET, KEY COMPANY PROFILES
12.1. ALTIUS SPACE MACHINES
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. ASTROBOTIC TECHNOLOGY
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. EFFECTIVE SPACE SOLUTIONS 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. HONEYBEE ROBOTICS
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. ISPACE
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. MADE IN SPACE
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. MAXAR TECHNOLOGIES
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. METECS
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. MOTIV SPACE SYSTEMS
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. NORTHROP GRUMMAN
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

1. Altius Space Machines
2. Astrobotic Technology
3. Effective Space Solutions Limited
4. Honeybee Robotics
5. Ispace
6. Made In Space
7. Maxar Technologies
8. Metecs
9. Motiv Space Systems
10. Northrop Grumman

The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.

  1. 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.

  1. 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:

Research Methodology

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.

  1. 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.

  1. 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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