Heavy-duty machinery are always subject to frequent wear and tear owing to continuous operations and a limited lifecycle. The costs of the heavy-duty machinery are usually observed to be high, and thus users demand for longer lifecycles. Torque limiters are designed to be used in the heavy-load applications and extend the lifecycle of heavy-duty machinery. For achieving a precise balance between components of heavy-duty machinery and establishing optimum load distribution, torque limiters are increasingly being used in the energy and power industry.
MARKET DYNAMICS
The proliferating demands from the aviation industry for developing compact, efficient, and lightweight equipment are anticipated to be the major drivers for the adoptions of torque limiter market. Lack of technological awareness about the functioning of torque limiter, and the system complexity of these instruments would challenge the growth of the torque limiter market. Increasing application areas of torque limiters such as in the railway building industry would provide good opportunities to the players operating in the torque limiter market.
MARKET SCOPE
The "Global Torque Limiter Market Analysis to 2031" is a specialized and in-depth study of the electronics and semiconductor industry with a special focus on the global market trend analysis. The report aims to provide an overview of the torque limiter market with detailed market segmentation by type, torque range, application, and geography. The global torque limiter market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading torque limiter market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global torque limiter market is segmented on the basis of type, torque range, and application. Based on type, the torque limiter market is segmented into friction plate, balls and rollers, and others. On the basis of torque range, the torque limiter market is segmented into <150 Nm, 151-500 Nm, 501-3,000 Nm, and >3,000 Nm. Further, the torque limiter market is segmented on the basis of application into food and beverage, oil and gas, paper and printing, metal and mining, energy and power, textile, and others.
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The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global torque limiter 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), Middle East and Africa (MEA) and South America. The torque limiter 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 torque limiter market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive Porter's Five Forces analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the torque limiter in these regions.
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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
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global torque limiter 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), Middle East and Africa (MEA) and South America. The torque limiter 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 torque limiter market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive Porter's Five Forces analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the torque limiter in these regions.
MARKET PLAYERS
The reports cover key developments in the torque limiter 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 the way for the expansion of business and customer base of market players. The market payers from torque limiter market are anticipated to lucrative growth opportunities in the future with the rising demand for torque limiter in the global market. Below mentioned is the list of few companies engaged in the torque limiter market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the torque limiter market. In addition, the report focuses on leading industry players with information such as company profiles, products and services offered, financial information of the last 3 years, the key development in the past five years.
- ABB Motors and Mechanical Inc. (Baldor)
- Altra Industrial Motion Corp.
- ComInTec S.r.l.
- Dalton Gear Company
- Engifield Engineering
- KTR Systems GmBH
- Mayr GmbH + Co. KG
- Regal Beloit Americas, Inc.
- Rexnord
- Ringfeder Power Transmission
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
1.3.1 Torque Limiter Market - By Type
1.3.2 Torque Limiter Market - By Torque Range
1.3.3 Torque Limiter Market - By Application
1.3.4 Torque Limiter Market - By Region
1.3.4.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. TORQUE LIMITER 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. TORQUE LIMITER 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. TORQUE LIMITER MARKET - GLOBAL MARKET ANALYSIS
6.1. TORQUE LIMITER - GLOBAL MARKET OVERVIEW
6.2. TORQUE LIMITER - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. TORQUE LIMITER MARKET - REVENUE AND FORECASTS TO 2028 - TYPE
7.1. OVERVIEW
7.2. TYPE MARKET FORECASTS AND ANALYSIS
7.3. FRICTION PLATE
7.3.1. Overview
7.3.2. Friction Plate Market Forecast and Analysis
7.4. BALLS AND ROLLERS
7.4.1. Overview
7.4.2. Balls and Rollers Market Forecast and Analysis
7.5. OTHERS
7.5.1. Overview
7.5.2. Others Market Forecast and Analysis
8. TORQUE LIMITER MARKET - REVENUE AND FORECASTS TO 2028 - TORQUE RANGE
8.1. OVERVIEW
8.2. TORQUE RANGE MARKET FORECASTS AND ANALYSIS
8.3. <150 NM
8.3.1. Overview
8.3.2. <150 Nm Market Forecast and Analysis
8.4. 151-500 NM
8.4.1. Overview
8.4.2. 151-500 Nm Market Forecast and Analysis
8.5. 501-3
8.5.1. Overview
8.5.2. 501-3 Market Forecast and Analysis
8.6. 000 NM
8.6.1. Overview
8.6.2. 000 Nm Market Forecast and Analysis
8.7. >3
8.7.1. Overview
8.7.2. >3 Market Forecast and Analysis
8.8. 000 NM
8.8.1. Overview
8.8.2. 000 Nm Market Forecast and Analysis
9. TORQUE LIMITER MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
9.1. OVERVIEW
9.2. APPLICATION MARKET FORECASTS AND ANALYSIS
9.3. FOOD AND BEVERAGE
9.3.1. Overview
9.3.2. Food and Beverage 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. PAPER AND PRINTING
9.5.1. Overview
9.5.2. Paper and Printing Market Forecast and Analysis
9.6. METAL AND MINING
9.6.1. Overview
9.6.2. Metal and Mining Market Forecast and Analysis
9.7. ENERGY AND POWER
9.7.1. Overview
9.7.2. Energy and Power Market Forecast and Analysis
9.8. TEXTILE
9.8.1. Overview
9.8.2. Textile Market Forecast and Analysis
9.9. OTHERS
9.9.1. Overview
9.9.2. Others Market Forecast and Analysis
10. TORQUE LIMITER MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
10.1. NORTH AMERICA
10.1.1 North America Torque Limiter Market Overview
10.1.2 North America Torque Limiter Market Forecasts and Analysis
10.1.3 North America Torque Limiter Market Forecasts and Analysis - By Type
10.1.4 North America Torque Limiter Market Forecasts and Analysis - By Torque Range
10.1.5 North America Torque Limiter Market Forecasts and Analysis - By Application
10.1.6 North America Torque Limiter Market Forecasts and Analysis - By Countries
10.1.6.1 United States Torque Limiter Market
10.1.6.1.1 United States Torque Limiter Market by Type
10.1.6.1.2 United States Torque Limiter Market by Torque Range
10.1.6.1.3 United States Torque Limiter Market by Application
10.1.6.2 Canada Torque Limiter Market
10.1.6.2.1 Canada Torque Limiter Market by Type
10.1.6.2.2 Canada Torque Limiter Market by Torque Range
10.1.6.2.3 Canada Torque Limiter Market by Application
10.1.6.3 Mexico Torque Limiter Market
10.1.6.3.1 Mexico Torque Limiter Market by Type
10.1.6.3.2 Mexico Torque Limiter Market by Torque Range
10.1.6.3.3 Mexico Torque Limiter Market by Application
10.2. EUROPE
10.2.1 Europe Torque Limiter Market Overview
10.2.2 Europe Torque Limiter Market Forecasts and Analysis
10.2.3 Europe Torque Limiter Market Forecasts and Analysis - By Type
10.2.4 Europe Torque Limiter Market Forecasts and Analysis - By Torque Range
10.2.5 Europe Torque Limiter Market Forecasts and Analysis - By Application
10.2.6 Europe Torque Limiter Market Forecasts and Analysis - By Countries
10.2.6.1 Germany Torque Limiter Market
10.2.6.1.1 Germany Torque Limiter Market by Type
10.2.6.1.2 Germany Torque Limiter Market by Torque Range
10.2.6.1.3 Germany Torque Limiter Market by Application
10.2.6.2 France Torque Limiter Market
10.2.6.2.1 France Torque Limiter Market by Type
10.2.6.2.2 France Torque Limiter Market by Torque Range
10.2.6.2.3 France Torque Limiter Market by Application
10.2.6.3 Italy Torque Limiter Market
10.2.6.3.1 Italy Torque Limiter Market by Type
10.2.6.3.2 Italy Torque Limiter Market by Torque Range
10.2.6.3.3 Italy Torque Limiter Market by Application
10.2.6.4 United Kingdom Torque Limiter Market
10.2.6.4.1 United Kingdom Torque Limiter Market by Type
10.2.6.4.2 United Kingdom Torque Limiter Market by Torque Range
10.2.6.4.3 United Kingdom Torque Limiter Market by Application
10.2.6.5 Russia Torque Limiter Market
10.2.6.5.1 Russia Torque Limiter Market by Type
10.2.6.5.2 Russia Torque Limiter Market by Torque Range
10.2.6.5.3 Russia Torque Limiter Market by Application
10.2.6.6 Rest of Europe Torque Limiter Market
10.2.6.6.1 Rest of Europe Torque Limiter Market by Type
10.2.6.6.2 Rest of Europe Torque Limiter Market by Torque Range
10.2.6.6.3 Rest of Europe Torque Limiter Market by Application
10.3. ASIA-PACIFIC
10.3.1 Asia-Pacific Torque Limiter Market Overview
10.3.2 Asia-Pacific Torque Limiter Market Forecasts and Analysis
10.3.3 Asia-Pacific Torque Limiter Market Forecasts and Analysis - By Type
10.3.4 Asia-Pacific Torque Limiter Market Forecasts and Analysis - By Torque Range
10.3.5 Asia-Pacific Torque Limiter Market Forecasts and Analysis - By Application
10.3.6 Asia-Pacific Torque Limiter Market Forecasts and Analysis - By Countries
10.3.6.1 Australia Torque Limiter Market
10.3.6.1.1 Australia Torque Limiter Market by Type
10.3.6.1.2 Australia Torque Limiter Market by Torque Range
10.3.6.1.3 Australia Torque Limiter Market by Application
10.3.6.2 China Torque Limiter Market
10.3.6.2.1 China Torque Limiter Market by Type
10.3.6.2.2 China Torque Limiter Market by Torque Range
10.3.6.2.3 China Torque Limiter Market by Application
10.3.6.3 India Torque Limiter Market
10.3.6.3.1 India Torque Limiter Market by Type
10.3.6.3.2 India Torque Limiter Market by Torque Range
10.3.6.3.3 India Torque Limiter Market by Application
10.3.6.4 Japan Torque Limiter Market
10.3.6.4.1 Japan Torque Limiter Market by Type
10.3.6.4.2 Japan Torque Limiter Market by Torque Range
10.3.6.4.3 Japan Torque Limiter Market by Application
10.3.6.5 South Korea Torque Limiter Market
10.3.6.5.1 South Korea Torque Limiter Market by Type
10.3.6.5.2 South Korea Torque Limiter Market by Torque Range
10.3.6.5.3 South Korea Torque Limiter Market by Application
10.3.6.6 Rest of Asia-Pacific Torque Limiter Market
10.3.6.6.1 Rest of Asia-Pacific Torque Limiter Market by Type
10.3.6.6.2 Rest of Asia-Pacific Torque Limiter Market by Torque Range
10.3.6.6.3 Rest of Asia-Pacific Torque Limiter Market by Application
10.4. MIDDLE EAST AND AFRICA
10.4.1 Middle East and Africa Torque Limiter Market Overview
10.4.2 Middle East and Africa Torque Limiter Market Forecasts and Analysis
10.4.3 Middle East and Africa Torque Limiter Market Forecasts and Analysis - By Type
10.4.4 Middle East and Africa Torque Limiter Market Forecasts and Analysis - By Torque Range
10.4.5 Middle East and Africa Torque Limiter Market Forecasts and Analysis - By Application
10.4.6 Middle East and Africa Torque Limiter Market Forecasts and Analysis - By Countries
10.4.6.1 South Africa Torque Limiter Market
10.4.6.1.1 South Africa Torque Limiter Market by Type
10.4.6.1.2 South Africa Torque Limiter Market by Torque Range
10.4.6.1.3 South Africa Torque Limiter Market by Application
10.4.6.2 Saudi Arabia Torque Limiter Market
10.4.6.2.1 Saudi Arabia Torque Limiter Market by Type
10.4.6.2.2 Saudi Arabia Torque Limiter Market by Torque Range
10.4.6.2.3 Saudi Arabia Torque Limiter Market by Application
10.4.6.3 U.A.E Torque Limiter Market
10.4.6.3.1 U.A.E Torque Limiter Market by Type
10.4.6.3.2 U.A.E Torque Limiter Market by Torque Range
10.4.6.3.3 U.A.E Torque Limiter Market by Application
10.4.6.4 Rest of Middle East and Africa Torque Limiter Market
10.4.6.4.1 Rest of Middle East and Africa Torque Limiter Market by Type
10.4.6.4.2 Rest of Middle East and Africa Torque Limiter Market by Torque Range
10.4.6.4.3 Rest of Middle East and Africa Torque Limiter Market by Application
10.5. SOUTH AND CENTRAL AMERICA
10.5.1 South and Central America Torque Limiter Market Overview
10.5.2 South and Central America Torque Limiter Market Forecasts and Analysis
10.5.3 South and Central America Torque Limiter Market Forecasts and Analysis - By Type
10.5.4 South and Central America Torque Limiter Market Forecasts and Analysis - By Torque Range
10.5.5 South and Central America Torque Limiter Market Forecasts and Analysis - By Application
10.5.6 South and Central America Torque Limiter Market Forecasts and Analysis - By Countries
10.5.6.1 Brazil Torque Limiter Market
10.5.6.1.1 Brazil Torque Limiter Market by Type
10.5.6.1.2 Brazil Torque Limiter Market by Torque Range
10.5.6.1.3 Brazil Torque Limiter Market by Application
10.5.6.2 Argentina Torque Limiter Market
10.5.6.2.1 Argentina Torque Limiter Market by Type
10.5.6.2.2 Argentina Torque Limiter Market by Torque Range
10.5.6.2.3 Argentina Torque Limiter Market by Application
10.5.6.3 Rest of South and Central America Torque Limiter Market
10.5.6.3.1 Rest of South and Central America Torque Limiter Market by Type
10.5.6.3.2 Rest of South and Central America Torque Limiter Market by Torque Range
10.5.6.3.3 Rest of South and Central America Torque Limiter 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. TORQUE LIMITER MARKET, KEY COMPANY PROFILES
12.1. ABB MOTORS AND MECHANICAL INC. (BALDOR)
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. ALTRA INDUSTRIAL MOTION CORP.
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. COMINTEC S.R.L.
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. DALTON GEAR COMPANY
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. ENGIFIELD ENGINEERING
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. KTR SYSTEMS GMBH
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. MAYR GMBH + CO. KG
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. REGAL BELOIT AMERICAS, INC.
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. REXNORD CORPORATION
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. RINGFEDER POWER TRANSMISSION
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. ABB Motors and Mechanical Inc. (Baldor)2. Altra Industrial Motion Corp.3. ComInTec S.r.l.4. Dalton Gear Company5. Engifield Engineering6. KTR Systems GmBH7. Mayr GmbH + Co. KG8. Regal Beloit Americas, Inc. 9. Rexnord Corporation10. Ringfeder Power Transmission
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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