Truck and Bus Radial (TBR) Tire Market Key Players Analysis 2031
The Truck and Bus Radial (TBR) Tire Market is expected to register a CAGR of 6.2% from 2023 to 2031, with a market size expanding from US$ XX million in 2023 to US$ XX Million by 2031.
Truck and Bus Radial (TBR) Tire Market covers analysis Based on Tire Axle Type, the market is segmented into All Position, Drive, and Trailer. Based on application, the market is segmented into Trucks, and Bus
Purpose of the ReportThe report Truck and Bus Radial (TBR) Tire 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.
Truck and Bus Radial (TBR) Tire Market Segmentation
By Tire Axle Type- All Position
- Drive
- Trailer
- Trucks
- Bus
Strategic Insights
Truck and Bus Radial (TBR) Tire Market Growth Drivers- Increased Efficiency in Transportation Demand: E-commerce and logistics have greatly boosted the demand for trucks and buses, consequently boosting the demand for radial tires. Such tires are liked because they happen to be durable and fuel efficient, and these are two cardinal factors in the transport sector.
- Growth of the Logistics and Transport Industry: The global rise in e-commerce and the expansion of logistics networks have increased the demand for commercial vehicles, including trucks and buses. Radial tires offer superior load-bearing capacity and are more durable, making them ideal for long-haul transportation and heavy-duty commercial use. The expansion of the transportation and logistics sectors, particularly in emerging economies, is a significant driver for radial tire demand.
- Urbanization and Public Transport Demand: As cities grow, the demand for public transportation increases. Buses, which rely on radial tires for performance and safety, are an integral part of public transport systems in urban areas. Additionally, the development of intercity bus services and the expansion of transport fleets across the globe are driving the need for high-performance tires.
- Rising Adoption of the Eco-Friendly Tires Driving the Market Trend: The adoption of eco-friendly tires that has less environmental harm is growing significantly in the market. Several manufacturers are focusing on sustainable materials in order to meet the growing demand for eco-friendly tires.
- Digitalization and Rising Adoption of Smart Tires: Rising adoption of smart tires with in-built sensors capabilities to measure tire pressure and temperature driving the market trend. These smart tires provides fleet operators with real-time data that are useful for optimizing maintenance schedules and improving the safety. There is, therefore, potential for increased demand in the market.
- Increasing Logistics and Transportation Created Ample Opportunity for the Market Growth: The growth opportunity is growing logistics and transportation sector at rapid pace with growing e-commerce sector driving the market growth.
- Rising fleet electrification across the globe drives the market growth: Rising adoption of the electric fleets for transportation operations across the globe drives the market growth.
Market Report Scope
Key Selling Points
- Comprehensive Coverage: The report comprehensively covers the analysis of products, services, types, and end users of the Truck and Bus Radial (TBR) Tire 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 Truck and Bus Radial (TBR) Tire 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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- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
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to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
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to country scope.
Frequently Asked Questions
The Truck and Bus Radial (TBR) Tire Market is estimated to witness a CAGR of 6.2% from 2023 to 2031
Increased Efficiency in Transportation Demand with Growing E-Commerce Sector Drives the Market Growth
High manufacturing costs of the truck and bus radial (TBR) tire market hinders the market growth.
The major players in the market includes Bridgestone Corporation, Michelin, Continental AG, Goodyear Tire and Rubber Company,Sumitomo Rubber Industries Ltd., Yokohama Rubber Corporation, Double Coin Tires, Triangle Tire Co Ltd, Cheng Shin Rubber Industry Co Ltd., Linglong Tire, Giti Tire, China National Tire & Rubber Co Ltd.,
The report can be delivered in PDF/PPT format; we can also share excel dataset based on the request.
Some of the customization options available based on the request are an additional 3–5 company profiles and country-specific analysis of 3–5 countries of your choice. Customizations are to be requested/discussed before making final order confirmation, as our team would review the same and check the feasibility.
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Truck And Bus Radial (TBR) Tire Market - By Tire Axle Type
1.3.2 Truck And Bus Radial (TBR) Tire Market - By Application
1.3.3 Truck And Bus Radial (TBR) Tire Market - By Region
1.3.3.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. TRUCK AND BUS RADIAL (TBR) TIRE 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. TRUCK AND BUS RADIAL (TBR) TIRE 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. TRUCK AND BUS RADIAL (TBR) TIRE MARKET - GLOBAL MARKET ANALYSIS
6.1. TRUCK AND BUS RADIAL (TBR) TIRE - GLOBAL MARKET OVERVIEW
6.2. TRUCK AND BUS RADIAL (TBR) TIRE - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. TRUCK AND BUS RADIAL (TBR) TIRE MARKET - REVENUE AND FORECASTS TO 2028 - TIRE AXLE TYPE
7.1. OVERVIEW
7.2. TIRE AXLE TYPE MARKET FORECASTS AND ANALYSIS
7.3. ALL POSITION
7.3.1. Overview
7.3.2. All Position Market Forecast and Analysis
7.4. DRIVE
7.4.1. Overview
7.4.2. Drive Market Forecast and Analysis
7.5. TRAILER
7.5.1. Overview
7.5.2. Trailer Market Forecast and Analysis
8. TRUCK AND BUS RADIAL (TBR) TIRE MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
8.1. OVERVIEW
8.2. APPLICATION MARKET FORECASTS AND ANALYSIS
8.3. TRUCKS
8.3.1. Overview
8.3.2. Trucks Market Forecast and Analysis
8.4. BUS
8.4.1. Overview
8.4.2. Bus Market Forecast and Analysis
9. TRUCK AND BUS RADIAL (TBR) TIRE MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Truck And Bus Radial (TBR) Tire Market Overview
9.1.2 North America Truck And Bus Radial (TBR) Tire Market Forecasts and Analysis
9.1.3 North America Truck And Bus Radial (TBR) Tire Market Forecasts and Analysis - By Tire Axle Type
9.1.4 North America Truck And Bus Radial (TBR) Tire Market Forecasts and Analysis - By Application
9.1.5 North America Truck And Bus Radial (TBR) Tire Market Forecasts and Analysis - By Countries
9.1.5.1 United States Truck And Bus Radial (TBR) Tire Market
9.1.5.1.1 United States Truck And Bus Radial (TBR) Tire Market by Tire Axle Type
9.1.5.1.2 United States Truck And Bus Radial (TBR) Tire Market by Application
9.1.5.2 Canada Truck And Bus Radial (TBR) Tire Market
9.1.5.2.1 Canada Truck And Bus Radial (TBR) Tire Market by Tire Axle Type
9.1.5.2.2 Canada Truck And Bus Radial (TBR) Tire Market by Application
9.1.5.3 Mexico Truck And Bus Radial (TBR) Tire Market
9.1.5.3.1 Mexico Truck And Bus Radial (TBR) Tire Market by Tire Axle Type
9.1.5.3.2 Mexico Truck And Bus Radial (TBR) Tire Market by Application
9.2. EUROPE
9.2.1 Europe Truck And Bus Radial (TBR) Tire Market Overview
9.2.2 Europe Truck And Bus Radial (TBR) Tire Market Forecasts and Analysis
9.2.3 Europe Truck And Bus Radial (TBR) Tire Market Forecasts and Analysis - By Tire Axle Type
9.2.4 Europe Truck And Bus Radial (TBR) Tire Market Forecasts and Analysis - By Application
9.2.5 Europe Truck And Bus Radial (TBR) Tire Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Truck And Bus Radial (TBR) Tire Market
9.2.5.1.1 Germany Truck And Bus Radial (TBR) Tire Market by Tire Axle Type
9.2.5.1.2 Germany Truck And Bus Radial (TBR) Tire Market by Application
9.2.5.2 France Truck And Bus Radial (TBR) Tire Market
9.2.5.2.1 France Truck And Bus Radial (TBR) Tire Market by Tire Axle Type
9.2.5.2.2 France Truck And Bus Radial (TBR) Tire Market by Application
9.2.5.3 Italy Truck And Bus Radial (TBR) Tire Market
9.2.5.3.1 Italy Truck And Bus Radial (TBR) Tire Market by Tire Axle Type
9.2.5.3.2 Italy Truck And Bus Radial (TBR) Tire Market by Application
9.2.5.4 United Kingdom Truck And Bus Radial (TBR) Tire Market
9.2.5.4.1 United Kingdom Truck And Bus Radial (TBR) Tire Market by Tire Axle Type
9.2.5.4.2 United Kingdom Truck And Bus Radial (TBR) Tire Market by Application
9.2.5.5 Russia Truck And Bus Radial (TBR) Tire Market
9.2.5.5.1 Russia Truck And Bus Radial (TBR) Tire Market by Tire Axle Type
9.2.5.5.2 Russia Truck And Bus Radial (TBR) Tire Market by Application
9.2.5.6 Rest of Europe Truck And Bus Radial (TBR) Tire Market
9.2.5.6.1 Rest of Europe Truck And Bus Radial (TBR) Tire Market by Tire Axle Type
9.2.5.6.2 Rest of Europe Truck And Bus Radial (TBR) Tire Market by Application
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Truck And Bus Radial (TBR) Tire Market Overview
9.3.2 Asia-Pacific Truck And Bus Radial (TBR) Tire Market Forecasts and Analysis
9.3.3 Asia-Pacific Truck And Bus Radial (TBR) Tire Market Forecasts and Analysis - By Tire Axle Type
9.3.4 Asia-Pacific Truck And Bus Radial (TBR) Tire Market Forecasts and Analysis - By Application
9.3.5 Asia-Pacific Truck And Bus Radial (TBR) Tire Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Truck And Bus Radial (TBR) Tire Market
9.3.5.1.1 Australia Truck And Bus Radial (TBR) Tire Market by Tire Axle Type
9.3.5.1.2 Australia Truck And Bus Radial (TBR) Tire Market by Application
9.3.5.2 China Truck And Bus Radial (TBR) Tire Market
9.3.5.2.1 China Truck And Bus Radial (TBR) Tire Market by Tire Axle Type
9.3.5.2.2 China Truck And Bus Radial (TBR) Tire Market by Application
9.3.5.3 India Truck And Bus Radial (TBR) Tire Market
9.3.5.3.1 India Truck And Bus Radial (TBR) Tire Market by Tire Axle Type
9.3.5.3.2 India Truck And Bus Radial (TBR) Tire Market by Application
9.3.5.4 Japan Truck And Bus Radial (TBR) Tire Market
9.3.5.4.1 Japan Truck And Bus Radial (TBR) Tire Market by Tire Axle Type
9.3.5.4.2 Japan Truck And Bus Radial (TBR) Tire Market by Application
9.3.5.5 South Korea Truck And Bus Radial (TBR) Tire Market
9.3.5.5.1 South Korea Truck And Bus Radial (TBR) Tire Market by Tire Axle Type
9.3.5.5.2 South Korea Truck And Bus Radial (TBR) Tire Market by Application
9.3.5.6 Rest of Asia-Pacific Truck And Bus Radial (TBR) Tire Market
9.3.5.6.1 Rest of Asia-Pacific Truck And Bus Radial (TBR) Tire Market by Tire Axle Type
9.3.5.6.2 Rest of Asia-Pacific Truck And Bus Radial (TBR) Tire Market by Application
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Truck And Bus Radial (TBR) Tire Market Overview
9.4.2 Middle East and Africa Truck And Bus Radial (TBR) Tire Market Forecasts and Analysis
9.4.3 Middle East and Africa Truck And Bus Radial (TBR) Tire Market Forecasts and Analysis - By Tire Axle Type
9.4.4 Middle East and Africa Truck And Bus Radial (TBR) Tire Market Forecasts and Analysis - By Application
9.4.5 Middle East and Africa Truck And Bus Radial (TBR) Tire Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Truck And Bus Radial (TBR) Tire Market
9.4.5.1.1 South Africa Truck And Bus Radial (TBR) Tire Market by Tire Axle Type
9.4.5.1.2 South Africa Truck And Bus Radial (TBR) Tire Market by Application
9.4.5.2 Saudi Arabia Truck And Bus Radial (TBR) Tire Market
9.4.5.2.1 Saudi Arabia Truck And Bus Radial (TBR) Tire Market by Tire Axle Type
9.4.5.2.2 Saudi Arabia Truck And Bus Radial (TBR) Tire Market by Application
9.4.5.3 U.A.E Truck And Bus Radial (TBR) Tire Market
9.4.5.3.1 U.A.E Truck And Bus Radial (TBR) Tire Market by Tire Axle Type
9.4.5.3.2 U.A.E Truck And Bus Radial (TBR) Tire Market by Application
9.4.5.4 Rest of Middle East and Africa Truck And Bus Radial (TBR) Tire Market
9.4.5.4.1 Rest of Middle East and Africa Truck And Bus Radial (TBR) Tire Market by Tire Axle Type
9.4.5.4.2 Rest of Middle East and Africa Truck And Bus Radial (TBR) Tire Market by Application
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Truck And Bus Radial (TBR) Tire Market Overview
9.5.2 South and Central America Truck And Bus Radial (TBR) Tire Market Forecasts and Analysis
9.5.3 South and Central America Truck And Bus Radial (TBR) Tire Market Forecasts and Analysis - By Tire Axle Type
9.5.4 South and Central America Truck And Bus Radial (TBR) Tire Market Forecasts and Analysis - By Application
9.5.5 South and Central America Truck And Bus Radial (TBR) Tire Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Truck And Bus Radial (TBR) Tire Market
9.5.5.1.1 Brazil Truck And Bus Radial (TBR) Tire Market by Tire Axle Type
9.5.5.1.2 Brazil Truck And Bus Radial (TBR) Tire Market by Application
9.5.5.2 Argentina Truck And Bus Radial (TBR) Tire Market
9.5.5.2.1 Argentina Truck And Bus Radial (TBR) Tire Market by Tire Axle Type
9.5.5.2.2 Argentina Truck And Bus Radial (TBR) Tire Market by Application
9.5.5.3 Rest of South and Central America Truck And Bus Radial (TBR) Tire Market
9.5.5.3.1 Rest of South and Central America Truck And Bus Radial (TBR) Tire Market by Tire Axle Type
9.5.5.3.2 Rest of South and Central America Truck And Bus Radial (TBR) Tire Market by Application
10. INDUSTRY LANDSCAPE
10.1. MERGERS AND ACQUISITIONS
10.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
10.3. NEW PRODUCT LAUNCHES
10.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
11. TRUCK AND BUS RADIAL (TBR) TIRE MARKET, KEY COMPANY PROFILES
11.1. BRIDGESTONE CORPORATION
11.1.1. Key Facts
11.1.2. Business Description
11.1.3. Products and Services
11.1.4. Financial Overview
11.1.5. SWOT Analysis
11.1.6. Key Developments
11.2. CONTINENTAL AG
11.2.1. Key Facts
11.2.2. Business Description
11.2.3. Products and Services
11.2.4. Financial Overview
11.2.5. SWOT Analysis
11.2.6. Key Developments
11.3. COOPER CORP
11.3.1. Key Facts
11.3.2. Business Description
11.3.3. Products and Services
11.3.4. Financial Overview
11.3.5. SWOT Analysis
11.3.6. Key Developments
11.4. GITI TIRE
11.4.1. Key Facts
11.4.2. Business Description
11.4.3. Products and Services
11.4.4. Financial Overview
11.4.5. SWOT Analysis
11.4.6. Key Developments
11.5. GOODYEAR TIRE AND RUBBER COMPANY
11.5.1. Key Facts
11.5.2. Business Description
11.5.3. Products and Services
11.5.4. Financial Overview
11.5.5. SWOT Analysis
11.5.6. Key Developments
11.6. HANKOOK TIRE AND TECHNOLOGY CO LTD
11.6.1. Key Facts
11.6.2. Business Description
11.6.3. Products and Services
11.6.4. Financial Overview
11.6.5. SWOT Analysis
11.6.6. Key Developments
11.7. KUMHO TIRE CO., INC.
11.7.1. Key Facts
11.7.2. Business Description
11.7.3. Products and Services
11.7.4. Financial Overview
11.7.5. SWOT Analysis
11.7.6. Key Developments
11.8. MICHELIN
11.8.1. Key Facts
11.8.2. Business Description
11.8.3. Products and Services
11.8.4. Financial Overview
11.8.5. SWOT Analysis
11.8.6. Key Developments
11.9. TOYO ENGINEERING CORPORATION
11.9.1. Key Facts
11.9.2. Business Description
11.9.3. Products and Services
11.9.4. Financial Overview
11.9.5. SWOT Analysis
11.9.6. Key Developments
11.10. YOKOHAMA RUBBER COMPANY
11.10.1. Key Facts
11.10.2. Business Description
11.10.3. Products and Services
11.10.4. Financial Overview
11.10.5. SWOT Analysis
11.10.6. Key Developments
12. APPENDIX
12.1. ABOUT THE INSIGHT PARTNERS
12.2. GLOSSARY OF TERMS
1.Bridgestone Corporation
2.Continental AG
3.Cooper Corp
4.Giti Tire
5.Goodyear Tire and Rubber Company
6.Hankook Tire and Technology Co Ltd
7.Kumho Tire Co., Inc.
8.Michelin
9.Toyo Engineering Corporation
10.Yokohama Rubber 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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