Wireless Charging Market Updates by 2031
MARKET INTRODUCTION
To power and charge electrical devices, wireless charging is a reliable, convenient, and secure technology. Furthermore, by removing the use of physical connectors and cables, it offers reliable, cost-effective, and safer advantages over conventional charging systems. It also ensures continuous power transfer to ensure that all types of devices (handheld industrial devices, smartphones, heavy-duty equipment, and others) are charged and ready to use. During the forecast period, the wireless charging market is expected to expand due to an increase in the sales of electric vehicles (EVs), the constantly evolving portable electronics and wearables market, and the regular need to harvest ambient RF energy.
MARKET DYNAMICS
During the forecast period, the wireless charging market is expected to expand due to an increase in the sales of electric vehicles (EVs), the constantly evolving portable electronics and wearables market, and the regular need to harvest ambient RF energy. Furthermore, increased adoption of Internet of Things (IoT) and extensive research in far-field wireless charging technologies are expected to provide lucrative opportunities for business growth in the future. However, the market's growth is expected to be hampered by high-cost technology for its incorporation and slower charging compared to other charging technologies.
MARKET SCOPE
The ""Global Wireless Charging Market Analysis to 2031"" is a specialized and in-depth study of the Wireless charging Market with a special focus on the global market trend analysis. The report aims to provide an overview of Wireless charging market with detailed market segmentation by technology, transmission range, application. The global wireless charging market expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading wireless charging market player and offers key trends and opportunities in the wireless charging market.
MARKET SEGMENTATION
The global wireless charging market is segmented based on technology, transmission range, and application. Based on technology, the market is bifurcated as radiation technology, inductive technology and others. Based on the transmission range, the market is segmented as short, medium, and long. The market based on the application is classified as automotive, industrial, defense, healthcare, consumer electronics, and 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 wireless charging 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 wireless charging 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 wireless charging 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 wireless charging market in these regions.
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The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global wireless charging 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 wireless charging 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 wireless charging 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 wireless charging market in these regions.
MARKET PLAYERS
The reports cover key developments in the wireless charging 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 wireless charging market are anticipated to lucrative growth opportunities in the future with the rising demand for wireless charging market. Below mentioned is the list of few companies engaged in the Wireless charging market.
The report also includes the profiles of key wireless charging 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.
- Apple Inc
- ConvenientPower HK Limited
- Energizer Holdings, Inc
- Renesas Electronics Corporation
- Leggett and Platt, Incorporated
- Murata Manufacturing Co., Ltd.
- Powermat
- Qualcomm Technologies, Inc
- Texas Instruments Incorporated
- WiTricity Corporation
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.
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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.
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 Wireless Charging Market - By Technology
1.3.2 Wireless Charging Market - By Transmission Range
1.3.3 Wireless Charging Market - By Application
1.3.4 Wireless Charging Market - By Region
1.3.4.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. WIRELESS CHARGING 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. WIRELESS CHARGING 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. WIRELESS CHARGING MARKET - GLOBAL MARKET ANALYSIS
6.1. WIRELESS CHARGING - GLOBAL MARKET OVERVIEW
6.2. WIRELESS CHARGING - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. WIRELESS CHARGING MARKET - REVENUE AND FORECASTS TO 2028 - TECHNOLOGY
7.1. OVERVIEW
7.2. TECHNOLOGY MARKET FORECASTS AND ANALYSIS
7.3. INDUCTIVE TECHNOLOGY
7.3.1. Overview
7.3.2. Inductive Technology Market Forecast and Analysis
7.4. RADIATION TECHNOLOGY
7.4.1. Overview
7.4.2. Radiation Technology Market Forecast and Analysis
7.5. OTHERS
7.5.1. Overview
7.5.2. Others Market Forecast and Analysis
8. WIRELESS CHARGING MARKET - REVENUE AND FORECASTS TO 2028 - TRANSMISSION RANGE
8.1. OVERVIEW
8.2. TRANSMISSION RANGE MARKET FORECASTS AND ANALYSIS
8.3. SHORT
8.3.1. Overview
8.3.2. Short Market Forecast and Analysis
8.4. MEDIUM
8.4.1. Overview
8.4.2. Medium Market Forecast and Analysis
8.5. LONG
8.5.1. Overview
8.5.2. Long Market Forecast and Analysis
9. WIRELESS CHARGING MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
9.1. OVERVIEW
9.2. APPLICATION MARKET FORECASTS AND ANALYSIS
9.3. AUTOMOTIVE
9.3.1. Overview
9.3.2. Automotive Market Forecast and Analysis
9.4. INDUSTRIAL
9.4.1. Overview
9.4.2. Industrial Market Forecast and Analysis
9.5. DEFENSE
9.5.1. Overview
9.5.2. Defense Market Forecast and Analysis
9.6. HEALTHCARE
9.6.1. Overview
9.6.2. Healthcare Market Forecast and Analysis
9.7. CONSUMER ELECTRONICS
9.7.1. Overview
9.7.2. Consumer Electronics Market Forecast and Analysis
9.8. OTHERS
9.8.1. Overview
9.8.2. Others Market Forecast and Analysis
10. WIRELESS CHARGING MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
10.1. NORTH AMERICA
10.1.1 North America Wireless Charging Market Overview
10.1.2 North America Wireless Charging Market Forecasts and Analysis
10.1.3 North America Wireless Charging Market Forecasts and Analysis - By Technology
10.1.4 North America Wireless Charging Market Forecasts and Analysis - By Transmission Range
10.1.5 North America Wireless Charging Market Forecasts and Analysis - By Application
10.1.6 North America Wireless Charging Market Forecasts and Analysis - By Countries
10.1.6.1 United States Wireless Charging Market
10.1.6.1.1 United States Wireless Charging Market by Technology
10.1.6.1.2 United States Wireless Charging Market by Transmission Range
10.1.6.1.3 United States Wireless Charging Market by Application
10.1.6.2 Canada Wireless Charging Market
10.1.6.2.1 Canada Wireless Charging Market by Technology
10.1.6.2.2 Canada Wireless Charging Market by Transmission Range
10.1.6.2.3 Canada Wireless Charging Market by Application
10.1.6.3 Mexico Wireless Charging Market
10.1.6.3.1 Mexico Wireless Charging Market by Technology
10.1.6.3.2 Mexico Wireless Charging Market by Transmission Range
10.1.6.3.3 Mexico Wireless Charging Market by Application
10.2. EUROPE
10.2.1 Europe Wireless Charging Market Overview
10.2.2 Europe Wireless Charging Market Forecasts and Analysis
10.2.3 Europe Wireless Charging Market Forecasts and Analysis - By Technology
10.2.4 Europe Wireless Charging Market Forecasts and Analysis - By Transmission Range
10.2.5 Europe Wireless Charging Market Forecasts and Analysis - By Application
10.2.6 Europe Wireless Charging Market Forecasts and Analysis - By Countries
10.2.6.1 Germany Wireless Charging Market
10.2.6.1.1 Germany Wireless Charging Market by Technology
10.2.6.1.2 Germany Wireless Charging Market by Transmission Range
10.2.6.1.3 Germany Wireless Charging Market by Application
10.2.6.2 France Wireless Charging Market
10.2.6.2.1 France Wireless Charging Market by Technology
10.2.6.2.2 France Wireless Charging Market by Transmission Range
10.2.6.2.3 France Wireless Charging Market by Application
10.2.6.3 Italy Wireless Charging Market
10.2.6.3.1 Italy Wireless Charging Market by Technology
10.2.6.3.2 Italy Wireless Charging Market by Transmission Range
10.2.6.3.3 Italy Wireless Charging Market by Application
10.2.6.4 United Kingdom Wireless Charging Market
10.2.6.4.1 United Kingdom Wireless Charging Market by Technology
10.2.6.4.2 United Kingdom Wireless Charging Market by Transmission Range
10.2.6.4.3 United Kingdom Wireless Charging Market by Application
10.2.6.5 Russia Wireless Charging Market
10.2.6.5.1 Russia Wireless Charging Market by Technology
10.2.6.5.2 Russia Wireless Charging Market by Transmission Range
10.2.6.5.3 Russia Wireless Charging Market by Application
10.2.6.6 Rest of Europe Wireless Charging Market
10.2.6.6.1 Rest of Europe Wireless Charging Market by Technology
10.2.6.6.2 Rest of Europe Wireless Charging Market by Transmission Range
10.2.6.6.3 Rest of Europe Wireless Charging Market by Application
10.3. ASIA-PACIFIC
10.3.1 Asia-Pacific Wireless Charging Market Overview
10.3.2 Asia-Pacific Wireless Charging Market Forecasts and Analysis
10.3.3 Asia-Pacific Wireless Charging Market Forecasts and Analysis - By Technology
10.3.4 Asia-Pacific Wireless Charging Market Forecasts and Analysis - By Transmission Range
10.3.5 Asia-Pacific Wireless Charging Market Forecasts and Analysis - By Application
10.3.6 Asia-Pacific Wireless Charging Market Forecasts and Analysis - By Countries
10.3.6.1 Australia Wireless Charging Market
10.3.6.1.1 Australia Wireless Charging Market by Technology
10.3.6.1.2 Australia Wireless Charging Market by Transmission Range
10.3.6.1.3 Australia Wireless Charging Market by Application
10.3.6.2 China Wireless Charging Market
10.3.6.2.1 China Wireless Charging Market by Technology
10.3.6.2.2 China Wireless Charging Market by Transmission Range
10.3.6.2.3 China Wireless Charging Market by Application
10.3.6.3 India Wireless Charging Market
10.3.6.3.1 India Wireless Charging Market by Technology
10.3.6.3.2 India Wireless Charging Market by Transmission Range
10.3.6.3.3 India Wireless Charging Market by Application
10.3.6.4 Japan Wireless Charging Market
10.3.6.4.1 Japan Wireless Charging Market by Technology
10.3.6.4.2 Japan Wireless Charging Market by Transmission Range
10.3.6.4.3 Japan Wireless Charging Market by Application
10.3.6.5 South Korea Wireless Charging Market
10.3.6.5.1 South Korea Wireless Charging Market by Technology
10.3.6.5.2 South Korea Wireless Charging Market by Transmission Range
10.3.6.5.3 South Korea Wireless Charging Market by Application
10.3.6.6 Rest of Asia-Pacific Wireless Charging Market
10.3.6.6.1 Rest of Asia-Pacific Wireless Charging Market by Technology
10.3.6.6.2 Rest of Asia-Pacific Wireless Charging Market by Transmission Range
10.3.6.6.3 Rest of Asia-Pacific Wireless Charging Market by Application
10.4. MIDDLE EAST AND AFRICA
10.4.1 Middle East and Africa Wireless Charging Market Overview
10.4.2 Middle East and Africa Wireless Charging Market Forecasts and Analysis
10.4.3 Middle East and Africa Wireless Charging Market Forecasts and Analysis - By Technology
10.4.4 Middle East and Africa Wireless Charging Market Forecasts and Analysis - By Transmission Range
10.4.5 Middle East and Africa Wireless Charging Market Forecasts and Analysis - By Application
10.4.6 Middle East and Africa Wireless Charging Market Forecasts and Analysis - By Countries
10.4.6.1 South Africa Wireless Charging Market
10.4.6.1.1 South Africa Wireless Charging Market by Technology
10.4.6.1.2 South Africa Wireless Charging Market by Transmission Range
10.4.6.1.3 South Africa Wireless Charging Market by Application
10.4.6.2 Saudi Arabia Wireless Charging Market
10.4.6.2.1 Saudi Arabia Wireless Charging Market by Technology
10.4.6.2.2 Saudi Arabia Wireless Charging Market by Transmission Range
10.4.6.2.3 Saudi Arabia Wireless Charging Market by Application
10.4.6.3 U.A.E Wireless Charging Market
10.4.6.3.1 U.A.E Wireless Charging Market by Technology
10.4.6.3.2 U.A.E Wireless Charging Market by Transmission Range
10.4.6.3.3 U.A.E Wireless Charging Market by Application
10.4.6.4 Rest of Middle East and Africa Wireless Charging Market
10.4.6.4.1 Rest of Middle East and Africa Wireless Charging Market by Technology
10.4.6.4.2 Rest of Middle East and Africa Wireless Charging Market by Transmission Range
10.4.6.4.3 Rest of Middle East and Africa Wireless Charging Market by Application
10.5. SOUTH AND CENTRAL AMERICA
10.5.1 South and Central America Wireless Charging Market Overview
10.5.2 South and Central America Wireless Charging Market Forecasts and Analysis
10.5.3 South and Central America Wireless Charging Market Forecasts and Analysis - By Technology
10.5.4 South and Central America Wireless Charging Market Forecasts and Analysis - By Transmission Range
10.5.5 South and Central America Wireless Charging Market Forecasts and Analysis - By Application
10.5.6 South and Central America Wireless Charging Market Forecasts and Analysis - By Countries
10.5.6.1 Brazil Wireless Charging Market
10.5.6.1.1 Brazil Wireless Charging Market by Technology
10.5.6.1.2 Brazil Wireless Charging Market by Transmission Range
10.5.6.1.3 Brazil Wireless Charging Market by Application
10.5.6.2 Argentina Wireless Charging Market
10.5.6.2.1 Argentina Wireless Charging Market by Technology
10.5.6.2.2 Argentina Wireless Charging Market by Transmission Range
10.5.6.2.3 Argentina Wireless Charging Market by Application
10.5.6.3 Rest of South and Central America Wireless Charging Market
10.5.6.3.1 Rest of South and Central America Wireless Charging Market by Technology
10.5.6.3.2 Rest of South and Central America Wireless Charging Market by Transmission Range
10.5.6.3.3 Rest of South and Central America Wireless Charging 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. WIRELESS CHARGING MARKET, KEY COMPANY PROFILES
12.1. APPLE INC.
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. CONVENIENTPOWER HK LIMITED
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. ENERGIZER HOLDINGS, INC
12.3.1. Key Facts
12.3.2. Business Description
12.3.3. Products and Services
12.3.4. Financial Overview
12.3.5. SWOT Analysis
12.3.6. Key Developments
12.4. RENESAS ELECTRONICS CORPORATION
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. LEGGETT AND PLATT, INCORPORATED
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. MURATA MANUFACTURING CO., LTD.
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. POWERMAT
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. QUALCOMM TECHNOLOGIES, 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. TEXAS INSTRUMENTS INCORPORATED
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. WITRICITY CORPORATION
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. Apple Inc.
2. ConvenientPower HK Limited
3. Energizer Holdings, Inc
4. Renesas Electronics Corporation
5. Leggett and Platt, Incorporated
6. Murata Manufacturing Co., Ltd.
7. Powermat
8. Qualcomm Technologies, Inc.
9. Texas Instruments Incorporated
10. WiTricity Corporation
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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