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

Coverage: Turbo-compressor Market covers analysis By Type (Centrifugal compressors, Axial compressors); Stage (Single stage, Multi-stage); End-User (Oil and gas, Power generation, Chemical, Water and wastewater, Others) , and Geography (North America, Europe, Asia Pacific, and South and Central America)

  • Report Code : TIPRE00022497
  • Category : Manufacturing and Construction
  • No. of Pages : 150
Buy Now

Turbo-compressor Market SWOT Analysis by 2031

Buy Now

MARKET INTRODUCTION

Turbo-compressors are turbomachines that use a dynamic principle to concentrate a compressible gas. The gas continuously reaches the spinning impeller, which distributes the mechanical shaft power to the fluid with the assistance of the blades, resulting in a large rise in pressure and temperature. In the diffusor, the remaining kinetic flow energy is mainly converted to strain. With the aid of a return channel, the compressed gas is either collected in a volute or transferred to a second compressor point. The rising number of wastewater treatment plants increased global LNG trade, and increased investments in the power generation sector are all driving the global turbo-compressor market.

MARKET DYNAMICS

The rising number of wastewater treatment plants increased global LNG trade, and increased investments in the power generation sector are all driving the global turbo-compressor market. However, factors such as the growing adoption of rotary compressors over turbo-compressors are limiting the turbo-compressor market's growth.

MARKET SCOPE

The "Global Turbo-Compressor Market Analysis to 2031" is a specialized and in-depth study of the Turbo-compressor Market with a special focus on the global market trend analysis. The report aims to provide an overview of Turbo-compressor market with detailed market segmentation by type, stage and end user. The global turbo-compressor market expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading turbo-compressor market player and offers key trends and opportunities in the turbo-compressor market.

MARKET SEGMENTATION

The global turbo-compressor market is segmented as, type, stage and end user. On the basis of type the market is segmented as, centrifugal compressors, axial compressors. On the basis of stage the market is segmented as, single stage and multi stage. Further, on the basis of end user the market is segmented as, oil and gas, power generation, chemical, water and wastewater, others.

REGIONAL FRAMEWORK

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

The report analyzes factors affecting turbo-compressor Market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the turbo-compressor market in these regions.

World Geography

Have a question?

Analyst

Naveen

Naveen will walk you through a 15-minute call to present the report’s content and answer all queries if you have any.

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

The report analyzes factors affecting turbo-compressor Market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the turbo-compressor market in these regions.

MARKET PLAYERS

The reports cover key developments in the turbo-compressor market organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from turbo-compressor market are anticipated to lucrative growth opportunities in the future with the rising demand for turbo-compressor market. Below mentioned is the list of few companies engaged in the Turbo-compressor market.

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

  •   Atlas Copco AB
  •   Elliot Group Ltd
  •   GE Oil and Gas
  •   Howden Group Ltd
  •   Ingersoll Rand Plc
  •   Kawasaki Heavy Industries
  •   Kobe Steel Ltd
  •   Man Diesel and Turbo
  •   Mitsubishi Heavy Industries Ltd
  •   Siemens AG

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 Turbo-compressor Market - By Type
1.3.2 Turbo-compressor Market - By Stage
1.3.3 Turbo-compressor Market - By End-User
1.3.4 Turbo-compressor Market - By Region
1.3.4.1 By Country

2. KEY TAKEAWAYS

3. RESEARCH METHODOLOGY

4. TURBO-COMPRESSOR 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. TURBO-COMPRESSOR MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS

6. TURBO-COMPRESSOR MARKET - GLOBAL MARKET ANALYSIS
6.1. TURBO-COMPRESSOR - GLOBAL MARKET OVERVIEW
6.2. TURBO-COMPRESSOR - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE

7. TURBO-COMPRESSOR MARKET - REVENUE AND FORECASTS TO 2028 - TYPE
7.1. OVERVIEW
7.2. TYPE MARKET FORECASTS AND ANALYSIS
7.3. CENTRIFUGAL COMPRESSORS
7.3.1. Overview
7.3.2. Centrifugal compressors Market Forecast and Analysis
7.4. AXIAL COMPRESSORS
7.4.1. Overview
7.4.2. Axial compressors Market Forecast and Analysis
8. TURBO-COMPRESSOR MARKET - REVENUE AND FORECASTS TO 2028 - STAGE
8.1. OVERVIEW
8.2. STAGE MARKET FORECASTS AND ANALYSIS
8.3. SINGLE STAGE
8.3.1. Overview
8.3.2. Single stage Market Forecast and Analysis
8.4. MULTI-STAGE
8.4.1. Overview
8.4.2. Multi-stage Market Forecast and Analysis
9. TURBO-COMPRESSOR MARKET - REVENUE AND FORECASTS TO 2028 - END-USER
9.1. OVERVIEW
9.2. END-USER MARKET FORECASTS AND ANALYSIS
9.3. OIL AND GAS
9.3.1. Overview
9.3.2. Oil and gas Market Forecast and Analysis
9.4. POWER GENERATION
9.4.1. Overview
9.4.2. Power generation Market Forecast and Analysis
9.5. CHEMICAL
9.5.1. Overview
9.5.2. Chemical Market Forecast and Analysis
9.6. WATER AND WASTEWATER
9.6.1. Overview
9.6.2. Water and wastewater Market Forecast and Analysis
9.7. OTHERS
9.7.1. Overview
9.7.2. Others Market Forecast and Analysis

10. TURBO-COMPRESSOR MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
10.1. NORTH AMERICA
10.1.1 North America Turbo-compressor Market Overview
10.1.2 North America Turbo-compressor Market Forecasts and Analysis
10.1.3 North America Turbo-compressor Market Forecasts and Analysis - By Type
10.1.4 North America Turbo-compressor Market Forecasts and Analysis - By Stage
10.1.5 North America Turbo-compressor Market Forecasts and Analysis - By End-User
10.1.6 North America Turbo-compressor Market Forecasts and Analysis - By Countries
10.1.6.1 United States Turbo-compressor Market
10.1.6.1.1 United States Turbo-compressor Market by Type
10.1.6.1.2 United States Turbo-compressor Market by Stage
10.1.6.1.3 United States Turbo-compressor Market by End-User
10.1.6.2 Canada Turbo-compressor Market
10.1.6.2.1 Canada Turbo-compressor Market by Type
10.1.6.2.2 Canada Turbo-compressor Market by Stage
10.1.6.2.3 Canada Turbo-compressor Market by End-User
10.1.6.3 Mexico Turbo-compressor Market
10.1.6.3.1 Mexico Turbo-compressor Market by Type
10.1.6.3.2 Mexico Turbo-compressor Market by Stage
10.1.6.3.3 Mexico Turbo-compressor Market by End-User
10.2. EUROPE
10.2.1 Europe Turbo-compressor Market Overview
10.2.2 Europe Turbo-compressor Market Forecasts and Analysis
10.2.3 Europe Turbo-compressor Market Forecasts and Analysis - By Type
10.2.4 Europe Turbo-compressor Market Forecasts and Analysis - By Stage
10.2.5 Europe Turbo-compressor Market Forecasts and Analysis - By End-User
10.2.6 Europe Turbo-compressor Market Forecasts and Analysis - By Countries
10.2.6.1 Germany Turbo-compressor Market
10.2.6.1.1 Germany Turbo-compressor Market by Type
10.2.6.1.2 Germany Turbo-compressor Market by Stage
10.2.6.1.3 Germany Turbo-compressor Market by End-User
10.2.6.2 France Turbo-compressor Market
10.2.6.2.1 France Turbo-compressor Market by Type
10.2.6.2.2 France Turbo-compressor Market by Stage
10.2.6.2.3 France Turbo-compressor Market by End-User
10.2.6.3 Italy Turbo-compressor Market
10.2.6.3.1 Italy Turbo-compressor Market by Type
10.2.6.3.2 Italy Turbo-compressor Market by Stage
10.2.6.3.3 Italy Turbo-compressor Market by End-User
10.2.6.4 United Kingdom Turbo-compressor Market
10.2.6.4.1 United Kingdom Turbo-compressor Market by Type
10.2.6.4.2 United Kingdom Turbo-compressor Market by Stage
10.2.6.4.3 United Kingdom Turbo-compressor Market by End-User
10.2.6.5 Russia Turbo-compressor Market
10.2.6.5.1 Russia Turbo-compressor Market by Type
10.2.6.5.2 Russia Turbo-compressor Market by Stage
10.2.6.5.3 Russia Turbo-compressor Market by End-User
10.2.6.6 Rest of Europe Turbo-compressor Market
10.2.6.6.1 Rest of Europe Turbo-compressor Market by Type
10.2.6.6.2 Rest of Europe Turbo-compressor Market by Stage
10.2.6.6.3 Rest of Europe Turbo-compressor Market by End-User
10.3. ASIA-PACIFIC
10.3.1 Asia-Pacific Turbo-compressor Market Overview
10.3.2 Asia-Pacific Turbo-compressor Market Forecasts and Analysis
10.3.3 Asia-Pacific Turbo-compressor Market Forecasts and Analysis - By Type
10.3.4 Asia-Pacific Turbo-compressor Market Forecasts and Analysis - By Stage
10.3.5 Asia-Pacific Turbo-compressor Market Forecasts and Analysis - By End-User
10.3.6 Asia-Pacific Turbo-compressor Market Forecasts and Analysis - By Countries
10.3.6.1 Australia Turbo-compressor Market
10.3.6.1.1 Australia Turbo-compressor Market by Type
10.3.6.1.2 Australia Turbo-compressor Market by Stage
10.3.6.1.3 Australia Turbo-compressor Market by End-User
10.3.6.2 China Turbo-compressor Market
10.3.6.2.1 China Turbo-compressor Market by Type
10.3.6.2.2 China Turbo-compressor Market by Stage
10.3.6.2.3 China Turbo-compressor Market by End-User
10.3.6.3 India Turbo-compressor Market
10.3.6.3.1 India Turbo-compressor Market by Type
10.3.6.3.2 India Turbo-compressor Market by Stage
10.3.6.3.3 India Turbo-compressor Market by End-User
10.3.6.4 Japan Turbo-compressor Market
10.3.6.4.1 Japan Turbo-compressor Market by Type
10.3.6.4.2 Japan Turbo-compressor Market by Stage
10.3.6.4.3 Japan Turbo-compressor Market by End-User
10.3.6.5 South Korea Turbo-compressor Market
10.3.6.5.1 South Korea Turbo-compressor Market by Type
10.3.6.5.2 South Korea Turbo-compressor Market by Stage
10.3.6.5.3 South Korea Turbo-compressor Market by End-User
10.3.6.6 Rest of Asia-Pacific Turbo-compressor Market
10.3.6.6.1 Rest of Asia-Pacific Turbo-compressor Market by Type
10.3.6.6.2 Rest of Asia-Pacific Turbo-compressor Market by Stage
10.3.6.6.3 Rest of Asia-Pacific Turbo-compressor Market by End-User
10.4. MIDDLE EAST AND AFRICA
10.4.1 Middle East and Africa Turbo-compressor Market Overview
10.4.2 Middle East and Africa Turbo-compressor Market Forecasts and Analysis
10.4.3 Middle East and Africa Turbo-compressor Market Forecasts and Analysis - By Type
10.4.4 Middle East and Africa Turbo-compressor Market Forecasts and Analysis - By Stage
10.4.5 Middle East and Africa Turbo-compressor Market Forecasts and Analysis - By End-User
10.4.6 Middle East and Africa Turbo-compressor Market Forecasts and Analysis - By Countries
10.4.6.1 South Africa Turbo-compressor Market
10.4.6.1.1 South Africa Turbo-compressor Market by Type
10.4.6.1.2 South Africa Turbo-compressor Market by Stage
10.4.6.1.3 South Africa Turbo-compressor Market by End-User
10.4.6.2 Saudi Arabia Turbo-compressor Market
10.4.6.2.1 Saudi Arabia Turbo-compressor Market by Type
10.4.6.2.2 Saudi Arabia Turbo-compressor Market by Stage
10.4.6.2.3 Saudi Arabia Turbo-compressor Market by End-User
10.4.6.3 U.A.E Turbo-compressor Market
10.4.6.3.1 U.A.E Turbo-compressor Market by Type
10.4.6.3.2 U.A.E Turbo-compressor Market by Stage
10.4.6.3.3 U.A.E Turbo-compressor Market by End-User
10.4.6.4 Rest of Middle East and Africa Turbo-compressor Market
10.4.6.4.1 Rest of Middle East and Africa Turbo-compressor Market by Type
10.4.6.4.2 Rest of Middle East and Africa Turbo-compressor Market by Stage
10.4.6.4.3 Rest of Middle East and Africa Turbo-compressor Market by End-User
10.5. SOUTH AND CENTRAL AMERICA
10.5.1 South and Central America Turbo-compressor Market Overview
10.5.2 South and Central America Turbo-compressor Market Forecasts and Analysis
10.5.3 South and Central America Turbo-compressor Market Forecasts and Analysis - By Type
10.5.4 South and Central America Turbo-compressor Market Forecasts and Analysis - By Stage
10.5.5 South and Central America Turbo-compressor Market Forecasts and Analysis - By End-User
10.5.6 South and Central America Turbo-compressor Market Forecasts and Analysis - By Countries
10.5.6.1 Brazil Turbo-compressor Market
10.5.6.1.1 Brazil Turbo-compressor Market by Type
10.5.6.1.2 Brazil Turbo-compressor Market by Stage
10.5.6.1.3 Brazil Turbo-compressor Market by End-User
10.5.6.2 Argentina Turbo-compressor Market
10.5.6.2.1 Argentina Turbo-compressor Market by Type
10.5.6.2.2 Argentina Turbo-compressor Market by Stage
10.5.6.2.3 Argentina Turbo-compressor Market by End-User
10.5.6.3 Rest of South and Central America Turbo-compressor Market
10.5.6.3.1 Rest of South and Central America Turbo-compressor Market by Type
10.5.6.3.2 Rest of South and Central America Turbo-compressor Market by Stage
10.5.6.3.3 Rest of South and Central America Turbo-compressor 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. TURBO-COMPRESSOR MARKET, KEY COMPANY PROFILES
12.1. ATLAS COPCO AB
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. ELLIOT GROUP LTD
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. GE OIL AND GAS
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. HOWDEN GROUP LTD
12.4.1. Key Facts
12.4.2. Business Description
12.4.3. Products and Services
12.4.4. Financial Overview
12.4.5. SWOT Analysis
12.4.6. Key Developments
12.5. INGERSOLL RAND PLC
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. KAWASAKI HEAVY INDUSTRIES
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. KOBE STEEL LTD
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. MAN DIESEL AND TURBO
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. MITSUBISHI HEAVY INDUSTRIES LTD
12.9.1. Key Facts
12.9.2. Business Description
12.9.3. Products and Services
12.9.4. Financial Overview
12.9.5. SWOT Analysis
12.9.6. Key Developments
12.10. SIEMENS AG
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. Atlas Copco AB
2. Elliot Group Ltd
3. GE Oil and Gas
4. Howden Group Ltd
5. Ingersoll Rand Plc
6. Kawasaki Heavy Industries
7. Kobe Steel Ltd
8. Man Diesel and Turbo
9. Mitsubishi Heavy Industries Ltd
10. Siemens AG

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.

Your data will never be shared with third parties, however, we may send you information from time to time about our products that may be of interest to you. By submitting your details, you agree to be contacted by us. You may contact us at any time to opt-out.

Trends and growth analysis reports related to Manufacturing and Construction : READ MORE..