Water Scooter Market Opportunities 2031
A water scooter is a kind of watercraft on which the rider can stand or sit. Water scooters are also known as diver propulsion vehicles (DPVs). Water scooter has the ability to increase the diving range. The rise in use of water scooters for underwater exploration is a crucial factor that is contributing towards the growth of the water scooter market. An increase in inclination towards scuba diving and other water sport activities is driving the demand for respective water scooters. A wide range of applications of water scooters in rescue operations is also fueling the growth of the market.
MARKET SCOPE
The "Global Water Scooter Market Analysis to 2031" is a specialized and in-depth study of the automotive and transportation industry with a special focus on the global market trend analysis. The report aims to provide an overview of the water scooter market with detailed market segmentation by propulsion type, vehicle type, application, and geography. The report provides key statistics on the market status of the leading water scooter market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
- Based on propulsion type, the global water scooter market is segmented into fuel operated and battery operated.
- On the basis of vehicle type, the market is segmented into underwater and above water.
- Based on application, the market is bifurcated into personal, commercial and military.
MARKET DYNAMICS
Drivers:
- Growing inclination towards water sport activities.
- Rising urbanization and increasing per capita disposable income to boost market growth of water scooters.
Restraints:
- Unorganized retail sector in few developing countries
- 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 market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The water scooter market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the 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 affecting the water scooter market in these regions.
IMPACT OF COVID-19 ON WATER SCOOTER MARKET
The outbreak of the COVID-19 has severely impacted the automotive, transportation and other related industries adversely. The emergence of COVID-19 virus across the globe which led to lockdown scenarios has led to unprecedented series of border closures across the globe. This disruption of global supply chain has left an adverse impact on the automotive industry. This pandemic restricted movement of people from one place to another. Restrictions of limited workforce at production site also affected the market from supply side. Also considering salary cuts or job losses, consumer lowered all the non-essential expenses. All the mentioned factors have impacted the water scooter market negatively.
Have a question?
Naveen
Naveen will walk you through a 15-minute call to present the report’s content and answer all queries if you have any.
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
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The water scooter market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the 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 affecting the water scooter market in these regions.
IMPACT OF COVID-19 ON WATER SCOOTER MARKET
The outbreak of the COVID-19 has severely impacted the automotive, transportation and other related industries adversely. The emergence of COVID-19 virus across the globe which led to lockdown scenarios has led to unprecedented series of border closures across the globe. This disruption of global supply chain has left an adverse impact on the automotive industry. This pandemic restricted movement of people from one place to another. Restrictions of limited workforce at production site also affected the market from supply side. Also considering salary cuts or job losses, consumer lowered all the non-essential expenses. All the mentioned factors have impacted the water scooter market negatively.
MARKET PLAYERS
The report covers key developments in the water scooter 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 way for the expansion of business and customer base of market players. The market payers from water scooter market are anticipated to lucrative growth opportunities in the future with the rising demand for water scooter in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the water scooter market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Bombardier Recreational Products (BRP)
- Dive Xtras Inc.
- DiverTug
- Kawasaki Motors
- SubGravity
- SUEX SRL
- Torpedo Inc.
- TUSA
- Nellis Engnieering, Inc.
- Yamaha Motor
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 Water Scooter Market - By Propulsion Type
1.3.2 Water Scooter Market - By Vehicle Type
1.3.3 Water Scooter Market - By Application
1.3.4 Water Scooter Market - By Region
1.3.4.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. WATER SCOOTER 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. WATER SCOOTER 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. WATER SCOOTER MARKET - GLOBAL MARKET ANALYSIS
6.1. WATER SCOOTER - GLOBAL MARKET OVERVIEW
6.2. WATER SCOOTER - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. WATER SCOOTER MARKET - REVENUE AND FORECASTS TO 2028 - PROPULSION TYPE
7.1. OVERVIEW
7.2. PROPULSION TYPE MARKET FORECASTS AND ANALYSIS
7.3. FUEL OPERATED
7.3.1. Overview
7.3.2. Fuel Operated Market Forecast and Analysis
7.4. BATTERY OPERATED
7.4.1. Overview
7.4.2. Battery Operated Market Forecast and Analysis
8. WATER SCOOTER MARKET - REVENUE AND FORECASTS TO 2028 - VEHICLE TYPE
8.1. OVERVIEW
8.2. VEHICLE TYPE MARKET FORECASTS AND ANALYSIS
8.3. UNDERWATER
8.3.1. Overview
8.3.2. Underwater Market Forecast and Analysis
8.4. ABOVEWATER
8.4.1. Overview
8.4.2. Abovewater Market Forecast and Analysis
9. WATER SCOOTER MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
9.1. OVERVIEW
9.2. APPLICATION MARKET FORECASTS AND ANALYSIS
9.3. PERSONAL
9.3.1. Overview
9.3.2. Personal Market Forecast and Analysis
9.4. COMMERCIAL
9.4.1. Overview
9.4.2. Commercial Market Forecast and Analysis
9.5. MILITARY
9.5.1. Overview
9.5.2. Military Market Forecast and Analysis
10. WATER SCOOTER MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
10.1. NORTH AMERICA
10.1.1 North America Water Scooter Market Overview
10.1.2 North America Water Scooter Market Forecasts and Analysis
10.1.3 North America Water Scooter Market Forecasts and Analysis - By Propulsion Type
10.1.4 North America Water Scooter Market Forecasts and Analysis - By Vehicle Type
10.1.5 North America Water Scooter Market Forecasts and Analysis - By Application
10.1.6 North America Water Scooter Market Forecasts and Analysis - By Countries
10.1.6.1 United States Water Scooter Market
10.1.6.1.1 United States Water Scooter Market by Propulsion Type
10.1.6.1.2 United States Water Scooter Market by Vehicle Type
10.1.6.1.3 United States Water Scooter Market by Application
10.1.6.2 Canada Water Scooter Market
10.1.6.2.1 Canada Water Scooter Market by Propulsion Type
10.1.6.2.2 Canada Water Scooter Market by Vehicle Type
10.1.6.2.3 Canada Water Scooter Market by Application
10.1.6.3 Mexico Water Scooter Market
10.1.6.3.1 Mexico Water Scooter Market by Propulsion Type
10.1.6.3.2 Mexico Water Scooter Market by Vehicle Type
10.1.6.3.3 Mexico Water Scooter Market by Application
10.2. EUROPE
10.2.1 Europe Water Scooter Market Overview
10.2.2 Europe Water Scooter Market Forecasts and Analysis
10.2.3 Europe Water Scooter Market Forecasts and Analysis - By Propulsion Type
10.2.4 Europe Water Scooter Market Forecasts and Analysis - By Vehicle Type
10.2.5 Europe Water Scooter Market Forecasts and Analysis - By Application
10.2.6 Europe Water Scooter Market Forecasts and Analysis - By Countries
10.2.6.1 Germany Water Scooter Market
10.2.6.1.1 Germany Water Scooter Market by Propulsion Type
10.2.6.1.2 Germany Water Scooter Market by Vehicle Type
10.2.6.1.3 Germany Water Scooter Market by Application
10.2.6.2 France Water Scooter Market
10.2.6.2.1 France Water Scooter Market by Propulsion Type
10.2.6.2.2 France Water Scooter Market by Vehicle Type
10.2.6.2.3 France Water Scooter Market by Application
10.2.6.3 Italy Water Scooter Market
10.2.6.3.1 Italy Water Scooter Market by Propulsion Type
10.2.6.3.2 Italy Water Scooter Market by Vehicle Type
10.2.6.3.3 Italy Water Scooter Market by Application
10.2.6.4 United Kingdom Water Scooter Market
10.2.6.4.1 United Kingdom Water Scooter Market by Propulsion Type
10.2.6.4.2 United Kingdom Water Scooter Market by Vehicle Type
10.2.6.4.3 United Kingdom Water Scooter Market by Application
10.2.6.5 Russia Water Scooter Market
10.2.6.5.1 Russia Water Scooter Market by Propulsion Type
10.2.6.5.2 Russia Water Scooter Market by Vehicle Type
10.2.6.5.3 Russia Water Scooter Market by Application
10.2.6.6 Rest of Europe Water Scooter Market
10.2.6.6.1 Rest of Europe Water Scooter Market by Propulsion Type
10.2.6.6.2 Rest of Europe Water Scooter Market by Vehicle Type
10.2.6.6.3 Rest of Europe Water Scooter Market by Application
10.3. ASIA-PACIFIC
10.3.1 Asia-Pacific Water Scooter Market Overview
10.3.2 Asia-Pacific Water Scooter Market Forecasts and Analysis
10.3.3 Asia-Pacific Water Scooter Market Forecasts and Analysis - By Propulsion Type
10.3.4 Asia-Pacific Water Scooter Market Forecasts and Analysis - By Vehicle Type
10.3.5 Asia-Pacific Water Scooter Market Forecasts and Analysis - By Application
10.3.6 Asia-Pacific Water Scooter Market Forecasts and Analysis - By Countries
10.3.6.1 Australia Water Scooter Market
10.3.6.1.1 Australia Water Scooter Market by Propulsion Type
10.3.6.1.2 Australia Water Scooter Market by Vehicle Type
10.3.6.1.3 Australia Water Scooter Market by Application
10.3.6.2 China Water Scooter Market
10.3.6.2.1 China Water Scooter Market by Propulsion Type
10.3.6.2.2 China Water Scooter Market by Vehicle Type
10.3.6.2.3 China Water Scooter Market by Application
10.3.6.3 India Water Scooter Market
10.3.6.3.1 India Water Scooter Market by Propulsion Type
10.3.6.3.2 India Water Scooter Market by Vehicle Type
10.3.6.3.3 India Water Scooter Market by Application
10.3.6.4 Japan Water Scooter Market
10.3.6.4.1 Japan Water Scooter Market by Propulsion Type
10.3.6.4.2 Japan Water Scooter Market by Vehicle Type
10.3.6.4.3 Japan Water Scooter Market by Application
10.3.6.5 South Korea Water Scooter Market
10.3.6.5.1 South Korea Water Scooter Market by Propulsion Type
10.3.6.5.2 South Korea Water Scooter Market by Vehicle Type
10.3.6.5.3 South Korea Water Scooter Market by Application
10.3.6.6 Rest of Asia-Pacific Water Scooter Market
10.3.6.6.1 Rest of Asia-Pacific Water Scooter Market by Propulsion Type
10.3.6.6.2 Rest of Asia-Pacific Water Scooter Market by Vehicle Type
10.3.6.6.3 Rest of Asia-Pacific Water Scooter Market by Application
10.4. MIDDLE EAST AND AFRICA
10.4.1 Middle East and Africa Water Scooter Market Overview
10.4.2 Middle East and Africa Water Scooter Market Forecasts and Analysis
10.4.3 Middle East and Africa Water Scooter Market Forecasts and Analysis - By Propulsion Type
10.4.4 Middle East and Africa Water Scooter Market Forecasts and Analysis - By Vehicle Type
10.4.5 Middle East and Africa Water Scooter Market Forecasts and Analysis - By Application
10.4.6 Middle East and Africa Water Scooter Market Forecasts and Analysis - By Countries
10.4.6.1 South Africa Water Scooter Market
10.4.6.1.1 South Africa Water Scooter Market by Propulsion Type
10.4.6.1.2 South Africa Water Scooter Market by Vehicle Type
10.4.6.1.3 South Africa Water Scooter Market by Application
10.4.6.2 Saudi Arabia Water Scooter Market
10.4.6.2.1 Saudi Arabia Water Scooter Market by Propulsion Type
10.4.6.2.2 Saudi Arabia Water Scooter Market by Vehicle Type
10.4.6.2.3 Saudi Arabia Water Scooter Market by Application
10.4.6.3 U.A.E Water Scooter Market
10.4.6.3.1 U.A.E Water Scooter Market by Propulsion Type
10.4.6.3.2 U.A.E Water Scooter Market by Vehicle Type
10.4.6.3.3 U.A.E Water Scooter Market by Application
10.4.6.4 Rest of Middle East and Africa Water Scooter Market
10.4.6.4.1 Rest of Middle East and Africa Water Scooter Market by Propulsion Type
10.4.6.4.2 Rest of Middle East and Africa Water Scooter Market by Vehicle Type
10.4.6.4.3 Rest of Middle East and Africa Water Scooter Market by Application
10.5. SOUTH AND CENTRAL AMERICA
10.5.1 South and Central America Water Scooter Market Overview
10.5.2 South and Central America Water Scooter Market Forecasts and Analysis
10.5.3 South and Central America Water Scooter Market Forecasts and Analysis - By Propulsion Type
10.5.4 South and Central America Water Scooter Market Forecasts and Analysis - By Vehicle Type
10.5.5 South and Central America Water Scooter Market Forecasts and Analysis - By Application
10.5.6 South and Central America Water Scooter Market Forecasts and Analysis - By Countries
10.5.6.1 Brazil Water Scooter Market
10.5.6.1.1 Brazil Water Scooter Market by Propulsion Type
10.5.6.1.2 Brazil Water Scooter Market by Vehicle Type
10.5.6.1.3 Brazil Water Scooter Market by Application
10.5.6.2 Argentina Water Scooter Market
10.5.6.2.1 Argentina Water Scooter Market by Propulsion Type
10.5.6.2.2 Argentina Water Scooter Market by Vehicle Type
10.5.6.2.3 Argentina Water Scooter Market by Application
10.5.6.3 Rest of South and Central America Water Scooter Market
10.5.6.3.1 Rest of South and Central America Water Scooter Market by Propulsion Type
10.5.6.3.2 Rest of South and Central America Water Scooter Market by Vehicle Type
10.5.6.3.3 Rest of South and Central America Water Scooter 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. WATER SCOOTER MARKET, KEY COMPANY PROFILES
12.1. BOMBARDIER RECREATIONAL PRODUCTS (BRP)
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. DIVE XTRAS INC.
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. DIVERTUG
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. KAWASAKI MOTORS
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. NELLIS ENGNIEERING, INC.
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. SUBGRAVITY
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. SUEX SRL
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. TORPEDO 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. TUSA
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. YAMAHA MOTOR
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.Bombardier Recreational Products (BRP)
2.Dive Xtras Inc.
3.DiverTug
4.Kawasaki Motors
5.Nellis Engnieering, Inc.
6.SubGravity
7.SUEX SRL
8.Torpedo Inc.
9.TUSA
10.Yamaha Motor
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.
Get Free Sample For