The Surveillance Radar Market is expected to register a CAGR of 20.5% from 2025 to 2031, with a market size expanding from US$ XX million in 2023 to US$ XX Million by 2031.
The report is segmented by Range (Long Range, Medium Range, Short Range); Platform Type (Maritime, Land-Based, Airborne); Application (Military, Aerospace, Maritime, Homeland Security, 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 Surveillance Radar 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.
Surveillance Radar Market Segmentation
Range- Long Range
- Medium Range
- Short Range
- Maritime
- Land-Based
- Airborne
- Military
- Aerospace
- Maritime
- Homeland Security
- Others
Strategic Insights
Surveillance Radar Market Growth Drivers- Increased Security Concerns: Global security threats, from terrorism to border security issues, are rising. Criminal activity is, therefore, an important demand driver for sophisticated surveillance radar systems. Surveillance radar systems become a fundamental component of national security as governments and defense organizations look to invest in radar technology that provides greater situational awareness and enhanced response capabilities.
- Radar Technology Advancements: With such advances in phased-array systems and advancements in digital signal processing, the technology is more capable and high performance. All of these contribute to improvements in detection precision and reliability over greater ranges, which in turn encourages its adoption by military, civil aviation, and critical infrastructure-protection segments.
- Growing defense budgets: Increased defense budgets in many countries due to geopolitical tensions and modernization needs are driving the surveillance radar market. Increased investments in military capabilities require advanced radar systems for surveillance, reconnaissance, and tracking of targets, which boost the market.
- Shift towards multifunctional radar systems: There is an increasing trend towards multifunctional radar systems that can undertake several tasks, including air surveillance, ground monitoring, and maritime tracking. This multifunctional nature of these systems minimizes the use of several distinct radars, which ensures resource utilization and optimizes the operational efficiency for the users.
- Increasing Use of Solid-State Radar Technology: The adoption of solid-state radar technology is on the rise, as it offers benefits such as improved reliability, reduced maintenance, and better performance in challenging environments. This trend is leading to increased investments in solid-state radar systems across military and civilian applications.
- Development of Next-Generation Radar Systems: Manufacturers can benefit from the technology to design state-of-the-art radar systems that provide functionalities and resolutions beyond any previous system and offer many more capabilities like multi-functionality and resolution, which cater to changing demands in a market and to a wider variety of customers.
- Growing Demand for Smart City Solutions: This helps the surveillance radar systems reap beneafits of smart city initiatives in cities. Such systems can be part of public safety solutions that provide real-time monitoring of the urban space, traffic management, and crime prevention leading to better urban security and efficiency.
Market Report Scope
Key Selling Points
- Comprehensive Coverage: The report comprehensively covers the analysis of products, services, types, and end users of the Surveillance Radar 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 Surveillance Radar 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
Some of the customization options available based on request are 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.
The report can be delivered in PDF/PPT format; we can also share excel dataset based on the request.
Some of the major trends driving the surveillance radar market are:
1. Adoption of Tactical Radar Systems
The major factors driving the surveillance radar market are:
1. Increasing Number of Contracts for Surveillance Systems
2. Deployment of Coastal Surveillance Radars
The Surveillance Radar Market is estimated to witness a CAGR of 20.5% from 2023 to 2031
1.INTRODUCTION
1.1.SCOPE OF THE STUDY
1.2.THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3.MARKET SEGMENTATION
1.3.1Surveillance Radar Market - By Product Type
1.3.2Surveillance Radar Market - By Platform Type
1.3.3Surveillance Radar Market - By Application
1.3.4Surveillance Radar Market - By Region
1.3.4.1By Country
2.KEY TAKEAWAYS
3.RESEARCH METHODOLOGY
4.SURVEILLANCE RADAR 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.SURVEILLANCE RADAR 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.SURVEILLANCE RADAR MARKET - GLOBAL MARKET ANALYSIS
6.1.SURVEILLANCE RADAR - GLOBAL MARKET OVERVIEW
6.2.SURVEILLANCE RADAR - GLOBAL MARKET AND FORECAST TO 2028
6.3.MARKET POSITIONING/MARKET SHARE
7.SURVEILLANCE RADAR MARKET - REVENUE AND FORECASTS TO 2028 - PRODUCT TYPE
7.1.OVERVIEW
7.2.PRODUCT TYPE MARKET FORECASTS AND ANALYSIS
7.3.LONG RANGE SURVEILLANCE RADAR
7.3.1.Overview
7.3.2.Long Range Surveillance Radar Market Forecast and Analysis
7.4.MEDIUM RANGE SURVEILLANCE RADAR
7.4.1.Overview
7.4.2.Medium Range Surveillance Radar Market Forecast and Analysis
7.5.SHORT RANGE SURVEILLANCE RADAR
7.5.1.Overview
7.5.2.Short Range Surveillance Radar Market Forecast and Analysis
8.SURVEILLANCE RADAR MARKET - REVENUE AND FORECASTS TO 2028 - PLATFORM TYPE
8.1.OVERVIEW
8.2.PLATFORM TYPE MARKET FORECASTS AND ANALYSIS
8.3.MARITIME SURVEILLANCE RADAR
8.3.1.Overview
8.3.2.Maritime Surveillance Radar Market Forecast and Analysis
8.4.LAND-BASED SURVEILLANCE RADAR
8.4.1.Overview
8.4.2.Land-Based Surveillance Radar Market Forecast and Analysis
8.5.AIRBORNE SURVEILLANCE RADAR
8.5.1.Overview
8.5.2.Airborne Surveillance Radar Market Forecast and Analysis
9.SURVEILLANCE RADAR MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
9.1.OVERVIEW
9.2.APPLICATION MARKET FORECASTS AND ANALYSIS
9.3.MILITARY
9.3.1.Overview
9.3.2.Military Market Forecast and Analysis
9.4.AEROSPACE
9.4.1.Overview
9.4.2.Aerospace Market Forecast and Analysis
9.5.MARITIME
9.5.1.Overview
9.5.2.Maritime Market Forecast and Analysis
9.6.HOME SECURITY
9.6.1.Overview
9.6.2.Home Security Market Forecast and Analysis
9.7.OTHERS
9.7.1.Overview
9.7.2.Others Market Forecast and Analysis
10.SURVEILLANCE RADAR MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
10.1.NORTH AMERICA
10.1.1North America Surveillance Radar Market Overview
10.1.2North America Surveillance Radar Market Forecasts and Analysis
10.1.3North America Surveillance Radar Market Forecasts and Analysis - By Product Type
10.1.4North America Surveillance Radar Market Forecasts and Analysis - By Platform Type
10.1.5North America Surveillance Radar Market Forecasts and Analysis - By Application
10.1.6North America Surveillance Radar Market Forecasts and Analysis - By Countries
10.1.6.1United States Surveillance Radar Market
10.1.6.1.1United States Surveillance Radar Market by Product Type
10.1.6.1.2United States Surveillance Radar Market by Platform Type
10.1.6.1.3United States Surveillance Radar Market by Application
10.1.6.2Canada Surveillance Radar Market
10.1.6.2.1Canada Surveillance Radar Market by Product Type
10.1.6.2.2Canada Surveillance Radar Market by Platform Type
10.1.6.2.3Canada Surveillance Radar Market by Application
10.1.6.3Mexico Surveillance Radar Market
10.1.6.3.1Mexico Surveillance Radar Market by Product Type
10.1.6.3.2Mexico Surveillance Radar Market by Platform Type
10.1.6.3.3Mexico Surveillance Radar Market by Application
10.2.EUROPE
10.2.1Europe Surveillance Radar Market Overview
10.2.2Europe Surveillance Radar Market Forecasts and Analysis
10.2.3Europe Surveillance Radar Market Forecasts and Analysis - By Product Type
10.2.4Europe Surveillance Radar Market Forecasts and Analysis - By Platform Type
10.2.5Europe Surveillance Radar Market Forecasts and Analysis - By Application
10.2.6Europe Surveillance Radar Market Forecasts and Analysis - By Countries
10.2.6.1Germany Surveillance Radar Market
10.2.6.1.1Germany Surveillance Radar Market by Product Type
10.2.6.1.2Germany Surveillance Radar Market by Platform Type
10.2.6.1.3Germany Surveillance Radar Market by Application
10.2.6.2France Surveillance Radar Market
10.2.6.2.1France Surveillance Radar Market by Product Type
10.2.6.2.2France Surveillance Radar Market by Platform Type
10.2.6.2.3France Surveillance Radar Market by Application
10.2.6.3Italy Surveillance Radar Market
10.2.6.3.1Italy Surveillance Radar Market by Product Type
10.2.6.3.2Italy Surveillance Radar Market by Platform Type
10.2.6.3.3Italy Surveillance Radar Market by Application
10.2.6.4United Kingdom Surveillance Radar Market
10.2.6.4.1United Kingdom Surveillance Radar Market by Product Type
10.2.6.4.2United Kingdom Surveillance Radar Market by Platform Type
10.2.6.4.3United Kingdom Surveillance Radar Market by Application
10.2.6.5Russia Surveillance Radar Market
10.2.6.5.1Russia Surveillance Radar Market by Product Type
10.2.6.5.2Russia Surveillance Radar Market by Platform Type
10.2.6.5.3Russia Surveillance Radar Market by Application
10.2.6.6Rest of Europe Surveillance Radar Market
10.2.6.6.1Rest of Europe Surveillance Radar Market by Product Type
10.2.6.6.2Rest of Europe Surveillance Radar Market by Platform Type
10.2.6.6.3Rest of Europe Surveillance Radar Market by Application
10.3.ASIA-PACIFIC
10.3.1Asia-Pacific Surveillance Radar Market Overview
10.3.2Asia-Pacific Surveillance Radar Market Forecasts and Analysis
10.3.3Asia-Pacific Surveillance Radar Market Forecasts and Analysis - By Product Type
10.3.4Asia-Pacific Surveillance Radar Market Forecasts and Analysis - By Platform Type
10.3.5Asia-Pacific Surveillance Radar Market Forecasts and Analysis - By Application
10.3.6Asia-Pacific Surveillance Radar Market Forecasts and Analysis - By Countries
10.3.6.1Australia Surveillance Radar Market
10.3.6.1.1Australia Surveillance Radar Market by Product Type
10.3.6.1.2Australia Surveillance Radar Market by Platform Type
10.3.6.1.3Australia Surveillance Radar Market by Application
10.3.6.2China Surveillance Radar Market
10.3.6.2.1China Surveillance Radar Market by Product Type
10.3.6.2.2China Surveillance Radar Market by Platform Type
10.3.6.2.3China Surveillance Radar Market by Application
10.3.6.3India Surveillance Radar Market
10.3.6.3.1India Surveillance Radar Market by Product Type
10.3.6.3.2India Surveillance Radar Market by Platform Type
10.3.6.3.3India Surveillance Radar Market by Application
10.3.6.4Japan Surveillance Radar Market
10.3.6.4.1Japan Surveillance Radar Market by Product Type
10.3.6.4.2Japan Surveillance Radar Market by Platform Type
10.3.6.4.3Japan Surveillance Radar Market by Application
10.3.6.5South Korea Surveillance Radar Market
10.3.6.5.1South Korea Surveillance Radar Market by Product Type
10.3.6.5.2South Korea Surveillance Radar Market by Platform Type
10.3.6.5.3South Korea Surveillance Radar Market by Application
10.3.6.6Rest of Asia-Pacific Surveillance Radar Market
10.3.6.6.1Rest of Asia-Pacific Surveillance Radar Market by Product Type
10.3.6.6.2Rest of Asia-Pacific Surveillance Radar Market by Platform Type
10.3.6.6.3Rest of Asia-Pacific Surveillance Radar Market by Application
10.4.MIDDLE EAST AND AFRICA
10.4.1Middle East and Africa Surveillance Radar Market Overview
10.4.2Middle East and Africa Surveillance Radar Market Forecasts and Analysis
10.4.3Middle East and Africa Surveillance Radar Market Forecasts and Analysis - By Product Type
10.4.4Middle East and Africa Surveillance Radar Market Forecasts and Analysis - By Platform Type
10.4.5Middle East and Africa Surveillance Radar Market Forecasts and Analysis - By Application
10.4.6Middle East and Africa Surveillance Radar Market Forecasts and Analysis - By Countries
10.4.6.1South Africa Surveillance Radar Market
10.4.6.1.1South Africa Surveillance Radar Market by Product Type
10.4.6.1.2South Africa Surveillance Radar Market by Platform Type
10.4.6.1.3South Africa Surveillance Radar Market by Application
10.4.6.2Saudi Arabia Surveillance Radar Market
10.4.6.2.1Saudi Arabia Surveillance Radar Market by Product Type
10.4.6.2.2Saudi Arabia Surveillance Radar Market by Platform Type
10.4.6.2.3Saudi Arabia Surveillance Radar Market by Application
10.4.6.3U.A.E Surveillance Radar Market
10.4.6.3.1U.A.E Surveillance Radar Market by Product Type
10.4.6.3.2U.A.E Surveillance Radar Market by Platform Type
10.4.6.3.3U.A.E Surveillance Radar Market by Application
10.4.6.4Rest of Middle East and Africa Surveillance Radar Market
10.4.6.4.1Rest of Middle East and Africa Surveillance Radar Market by Product Type
10.4.6.4.2Rest of Middle East and Africa Surveillance Radar Market by Platform Type
10.4.6.4.3Rest of Middle East and Africa Surveillance Radar Market by Application
10.5.SOUTH AND CENTRAL AMERICA
10.5.1South and Central America Surveillance Radar Market Overview
10.5.2South and Central America Surveillance Radar Market Forecasts and Analysis
10.5.3South and Central America Surveillance Radar Market Forecasts and Analysis - By Product Type
10.5.4South and Central America Surveillance Radar Market Forecasts and Analysis - By Platform Type
10.5.5South and Central America Surveillance Radar Market Forecasts and Analysis - By Application
10.5.6South and Central America Surveillance Radar Market Forecasts and Analysis - By Countries
10.5.6.1Brazil Surveillance Radar Market
10.5.6.1.1Brazil Surveillance Radar Market by Product Type
10.5.6.1.2Brazil Surveillance Radar Market by Platform Type
10.5.6.1.3Brazil Surveillance Radar Market by Application
10.5.6.2Argentina Surveillance Radar Market
10.5.6.2.1Argentina Surveillance Radar Market by Product Type
10.5.6.2.2Argentina Surveillance Radar Market by Platform Type
10.5.6.2.3Argentina Surveillance Radar Market by Application
10.5.6.3Rest of South and Central America Surveillance Radar Market
10.5.6.3.1Rest of South and Central America Surveillance Radar Market by Product Type
10.5.6.3.2Rest of South and Central America Surveillance Radar Market by Platform Type
10.5.6.3.3Rest of South and Central America Surveillance Radar Market by Application
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.SURVEILLANCE RADAR MARKET, KEY COMPANY PROFILES
12.1.ASELSAN A.S.
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.FLIR SYSTEMS
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.HONEYWELL INTERNATIONAL 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.ISRAEL AEROSPACE INDUSTRIES
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.LOCKHEED MARTIN CORPORATION
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.NORTHROP GRUMMAN CORP.
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.ROCKWELL COLLINS
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.SAAB AB
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.THALES GROUP
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.THE RAYTHEON COMPANY
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. ASELSAN A.S.
2. FLIR Systems
3. Honeywell International Inc.
4. Israel Aerospace Industries
5. Lockheed Martin Corporation
6. Northrop Grumman Corp.
7. Rockwell Collins
8. Saab AB
9. Thales Group
10. The Raytheon Company
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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