Manhole Covers Market Share, Demand and 2028 Forecast
The manhole covers market size is expected to grow from US$ 3,857.79 million in 2022 to US$ 5,129.38 million by 2028; it is estimated to grow at a CAGR of 4.9% from 2022 to 2028.
Manhole covers provide access to underground pipes, meters, and utilities and are used for a variety of functions. For instance, it provides access to a meter that reads the liquid flowing into the sewer. They provide access to underground cables and telecommunication facilities and have a variety of other functions. The main purpose of the hatch cover is to prevent people from falling into the hatch cover. It also protects the meter and pipeline from human intrusion.
In 2022, Europe held the largest share of the global manhole covers market. The Europe manhole covers market is segmented into Germany, France, Italy, the UK, Russia, and the Rest of Europe. The construction industry contributes 10% to the GDP of the region. The industry supports the growth of the economy by assisting the supply chain, which creates several business opportunities and services. The construction sector of the EU is a crucial industry as it significantly employs millions of people in the region. Rapid growth in construction activities in Europe increases the demand for manhole covers.
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Manhole Covers Market: Strategic Insights
Market Size Value in US$ 3,857.79 million in 2022 Market Size Value by US$ 5,129.38 million by 2028 Growth rate CAGR of 4.9% from 2022 to 2028 Forecast Period 2022-2028 Base Year 2022
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Manhole Covers Market: Strategic Insights
| Market Size Value in | US$ 3,857.79 million in 2022 |
| Market Size Value by | US$ 5,129.38 million by 2028 |
| Growth rate | CAGR of 4.9% from 2022 to 2028 |
| Forecast Period | 2022-2028 |
| Base Year | 2022 |
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Impact of COVID-19 Pandemic on Manhole Covers Market
Before the onset of the COVID-19 pandemic, the manhole covers market was mainly driven by their increasing use in residential and non-residential construction activities. However, the emergence of the COVID-19 pandemic hampered the growth of the chemicals & materials sector, thus hindering the growth of the manhole covers market. The implementation of measures to combat the spread of SARS-CoV-2 negatively impacted the growth of various industries. Builders experienced delays and increased costs for imported raw materials and off-site building materials due to the long-term shutdown of many factories. The damage caused by the impacts of the pandemic on the building & construction industry hampered the demand for manhole covers.
The global marketplace is recovering from the losses caused due to the COVID-19 pandemic, as governments of different countries have announced relaxation in the restrictions. Manufacturers are permitted to operate at full capacity, which helps them to overcome the supply gap. This is expected to create a positive impact on the manhole covers market growth.
Market Insights
Rapid Growth of Construction and Infrastructure Sectors
The demand for manhole covers has been increasing with the rise in construction activities. With the rising population and growing real estate industry, the need for manhole covers has also increased. To cover the drainage line, manhole covers are required. Modern building construction needs an efficient drainage system. It helps the concerned authorities access the storm sewers and sanitary maintenance in a hassle-free way, making it easy for them to get into depth and fix blockages. These manhole covers are important in the building & construction industries to carry out surveys related to underground utilities for equipment maintenance and operatives to enter the system. Apart from the application of manhole covers in drainage systems, they are also used in temporary storage points for water.
Rapid road construction has increased the need for manhole covers of various materials and shapes. Investors' rising awareness regarding environmental protection also drives the need for composite material-based manhole covers in building and construction of drainage systems. Increasing government expenditure and investment to improve domestic infrastructure and sustain economic growth and rising demand for these covers in the construction industry, especially in developing countries, are a few major factors that are driving the market.
Type-Based Insights
Based on type, the global manhole covers market is segmented into metal covers, composite covers, and concrete covers. Composite manhole covers are made of different types and are available in various designs and materials, and each material offers different benefits. These composite manhole covers are made of fiber reinforced plastic; it consists of unsaturated polyester resin, glass fiber, quartz, and two different types of additive such as bulk molding compounds and sheet molding compounds. Fiber reinforced composite manhole covers have a good surface, are wear-resistant, and have a high load bearing capacity.
The key players operating in the global manhole covers market include John Bouchard & Sons Co, EJ Group Inc, Neenah Foundry Co, LF Manufacturing Inc, Eagle Manufacturing Corp, Fibrelite Composites Inc, Industrie Polieco–Mpb Srl, Terra Firma Industries Pty Ltd, Crescent Foundry Co Pvt Ltd, and Compagnie de Saint-Gobain SA. Players operating in the global manhole covers market focus on providing high-quality products to fulfill customer demand. They are also focusing on strategies such as investments in research and development activities, new product launches, and expanding production capacities.
Report Spotlights
- Progressive industry trends in the manhole covers market to help players develop effective long-term strategies
- Business growth strategies adopted by developed and developing markets
- Quantitative analysis of the manhole covers market from 2020 to 2028
- Estimation of global demand for manhole covers
- Porter’s Five Forces analysis to illustrate the efficacy of buyers and suppliers operating in the industry
- Recent developments to understand the competitive market scenario
- Market trends and outlook, as well as factors driving and restraining the growth of the manhole covers market
- Assistance in the decision-making process by highlighting market strategies that underpin commercial interest, leading to the market growth
- The manhole covers market size at various nodes
- Detailed overview and segmentation of the market, as well as the manhole covers industry dynamics
- The manhole covers market size in various regions with promising growth opportunities
Global Manhole Covers Market
Based on product type, the manhole covers market is segmented into metal covers, composite covers, and concrete covers. Based on application, the manhole covers market is segmented into municipal, commercial facilities, industrial facilities, and utility pits and others.
Manhole Covers Market Report Scope
Company Profiles
- John Bouchard & Sons Co
- EJ Group Inc
- Neenah Foundry Co
- LF Manufacturing Inc
- Eagle Manufacturing Corp
- Fibrelite Composites Inc
- Industrie Polieco – Mpb Srl
- Terra Firma Industries Pty Ltd
- Crescent Foundry Co Pvt Ltd
- Compagnie de Saint-Gobain SA
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
Product Type, and Application
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
Argentina, Australia, Brazil, Canada, China, France, Germany, India, Italy, Japan, Mexico, Russian Federation, Saudi Arabia, South Africa, South Korea, United Arab Emirates, United Kingdom, United States
Frequently Asked Questions
Technological developments and product innovations related to manhole covers are supporting the growth of the manhole covers market. For instance, in August 2021, Neenah Foundry, a leading American manufacturer of highly engineered, structural, and sustainable solutions for industrial markets, launched InfraLOCK—a heavy-duty manhole cover system. Further, in October 2019, Fiberlite developed a new range of Radio Frequency (RF) friendly manhole access covers designed to support data transfer between antennas aboveground and underground. Owing to this technology, there has been significant demand for radio frequency friendly manhole covers. All these recent developments are likely to support the manhole covers market growth.
Based on the application, municipal segment accounted for the highest share of the global market in 2022. The municipal utilization of manhole covers includes wastewater collection systems, stormwater systems, and sewer systems. Manhole covers are used in drainage lines, gas pipelines, water distribution systems, and many other municipal applications. They are also used for easy and safe passage access to perform regular checking and maintenance services for the respective utility services.
Based on the product type, composite covers are expected to be the fastest-growing segment during the forecast period. Composite manhole covers are of different types and available in various designs and materials, and each material offers different benefits. These composite manhole covers are made of fiber reinforced plastic; it consists of unsaturated polyester resin, glass fiber, quartz, and two different types of additives such as bulk molding compounds and sheet molding compounds.
Rapid growth of construction and infrastructure sectors and rise in application of composite manhole covers are some of the major drivers of manhole covers market. Manhole covers provide access to underground cables and telecommunications facilities and have a variety of other functions. The main purpose of the hatch cover is to prevent people from falling into the hatch cover. It also protects the meter and pipeline from human intrusion.
The major players operating in the global manhole covers market are John Bouchard & Sons Co, EJ Group Inc, Neenah Foundry Co, LF Manufacturing Inc, Eagle Manufacturing Corp, Fibrelite Composites Inc, Industrie Polieco – Mpb Srl, Terra Firma Industries Pty Ltd, Crescent Foundry Co Pvt Ltd, and Compagnie de Saint-Gobain SA.
In 2022, Europe accounted for the largest share of the global manhole covers market. Rapid growth in construction activities in Europe increases the demand for manhole covers. Manhole covers provide access to underground pipes, meters, and utilities and offer a variety of other underground functions.
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
1.3.1 Manhole Covers Market, by Product Type
1.3.2 Manhole Covers Market, by Application
1.3.3 Manhole Covers Market, by Geography
2. Key Takeaways
3. Research Methodology
3.1 Scope of the Study
3.2 Research Methodology
3.2.1 Data Collection:
3.2.2 Primary Interviews:
3.2.3 Hypothesis Formulation:
3.2.4 Macro-economic factor analysis:
3.2.5 Developing base number:
3.2.6 Data Triangulation:
3.2.7 Country level data:
4. Manhole Covers Market Landscape
4.1 Market Overview
4.2 Porter’s Five Forces Analysis
4.2.1 Bargaining Power of Suppliers
4.2.2 Bargaining Power of Buyers
4.2.3 Threat of New Entrants
4.2.4 Competitive Rivalry
4.2.5 Threat of Substitutes
4.3 Ecosystem Analysis
4.3.1 Overview:
4.4 Expert Opinions
5. Manhole Covers Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Rapid Growth of Construction & Infrastructure Sectors
5.1.2 Rise in Application of Composite Manhole Covers
5.2 Market Restraints
5.2.1 Regular Maintenance of Manhole Covers
5.3 Market Opportunities
5.3.1 Availability of Alternative Manhole Covers to Counter Theft and Vandalism
5.4 Future Trends
5.4.1 Product Innovations and Technological Developments in Manhole Covers
5.5 Impact Analysis
6. Manhole Covers – Global Market Analysis
6.1 Manhole Covers Market Overview
6.2 Manhole Covers Market –Volume and Forecast to 2028 (Thousand Units)
6.3 Manhole Covers Market –Revenue and Forecast to 2028 (US$ Million)
6.4 Competitive Positioning – Key Market Players
7. Global Manhole Covers Market Analysis – By Product Type
7.1 Overview
7.2 Manhole Covers Market, By Product Type (2021 and 2028)
7.3 Metal Covers
7.3.1 Overview
7.3.2 Metal Covers: Manhole Covers Market – Revenue and Forecast to 2028 (US$ Million)
7.3.3 Metal Covers: Manhole Covers Market – Volume and Forecast to 2028 (Thousand Units)
7.4 Composite Covers
7.4.1 Overview
7.4.2 Composite Covers: Manhole Covers Market – Revenue and Forecast to 2028 (US$ Million)
7.4.3 Composite Covers: Manhole Covers Market – Volume and Forecast to 2028 (Thousand Units)
7.5 Concrete Covers
7.5.1 Overview
7.5.2 Concrete Covers: Manhole Covers Market – Revenue and Forecast to 2028 (US$ Million)
7.5.3 Concrete Covers: Manhole Covers Market – Volume and Forecast to 2028 (Thousand Units)
8. Manhole Covers Market Analysis – Application
8.1 Overview
8.2 Manhole Covers Market, By Application(2021 and 2028)
8.3 Municipal
8.3.1 Overview
8.3.2 Municipal: Manhole Covers Market – Revenue and Forecast to 2028 (US$ Million)
8.4 Commercial Facilities
8.4.1 Overview
8.4.2 Commercial Facilities: Manhole Covers Market – Revenue and Forecast to 2028 (US$ Million)
8.5 Industrial Facilities
8.5.1 Overview
8.5.2 Industrial Facilities: Manhole Covers Market – Revenue and Forecast to 2028 (US$ Million)
8.6 Utility Pits and Others
8.6.1 Overview
8.6.2 Utility Pits and Others: Manhole Covers Market – Revenue and Forecast to 2028 (US$ Million)
9. Manhole Covers Market – Geographic Analysis
9.1 Overview
9.2 North America: Manhole Covers Market
9.2.1 North America: Manhole Covers Market –Revenue and Forecast to 2028 (US$ Million)
9.2.2 North America: Manhole Covers Market –Volume and Forecast to 2028 (Thousand Units)
9.2.3 North America: Manhole Covers Market, by Product Type
9.2.4 North America: Manhole Covers Market, by Application
9.2.5 North America: Manhole Covers Market, by Key Country
9.2.5.1 US: Manhole Covers Market –Revenue and Forecast to 2028 (US$ Million)
9.2.5.2 US: Manhole Covers Market –Volume and Forecast to 2028 (Thousand Units)
9.2.5.2.1 US: Manhole Covers Market, by Product Type
9.2.5.2.2 US: Manhole Covers Market, by Product Type
9.2.5.2.3 US: Manhole Covers Market, by Application
9.2.5.3 Canada: Manhole Covers Market–Revenue and Forecast to 2028 (US$ Million)
9.2.5.4 Canada: Manhole Covers Market–Volume and Forecast to 2028 (Thousand Units)
9.2.5.4.1 Canada: Manhole Covers Market, by Product Type
9.2.5.4.2 Canada: Manhole Covers Market, by Product Type
9.2.5.4.3 Canada: Manhole Covers Market, by Application
9.2.5.5 Mexico: Manhole Covers Market–Revenue and Forecast to 2028 (US$ Million)
9.2.5.6 Mexico: Manhole Covers Market–Volume and Forecast to 2028 (Thousand Units)
9.2.5.6.1 Mexico: Manhole Covers Market, by Product Type
9.2.5.6.2 Mexico: Manhole Covers Market, by Product Type
9.2.5.6.3 Mexico: Manhole Covers Market, by Application
9.3 Europe: Manhole Covers Market
9.3.1 Europe: Manhole Covers Market–Revenue and Forecast to 2028 (US$ Million)
9.3.2 Europe: Manhole Covers Market–Volume and Forecast to 2028 (Thousand Units)
9.3.3 Europe: Manhole Covers Market, by Product Type
9.3.4 Europe: Manhole Covers Market, by Application
9.3.5 Europe: Manhole Covers Market, by Key Country
9.3.5.1 Germany: Manhole Covers Market–Revenue and Forecast to 2028 (US$ Million)
9.3.5.2 Germany: Manhole Covers Market–Volume and Forecast to 2028 (Thousand Units)
9.3.5.2.1 Germany: Manhole Covers Market, by Product Type
9.3.5.2.2 Germany: Manhole Covers Market, by Product Type
9.3.5.2.3 Germany: Manhole Covers Market, by Application
9.3.5.3 France: Manhole Covers Market–Revenue and Forecast to 2028 (US$ Million)
9.3.5.4 France: Manhole Covers Market–Volume and Forecast to 2028 (Thousand Units)
9.3.5.4.1 France: Manhole Covers Market, by Product Type
9.3.5.4.2 France: Manhole Covers Market, by Product Type
9.3.5.4.3 France: Manhole Covers Market, by Application
9.3.5.5 The UK: Manhole Covers Market–Revenue and Forecast to 2028 (US$ Million)
9.3.5.6 The UK: Manhole Covers Market–Volume and Forecast to 2028 (Thousand Units)
9.3.5.6.1 The UK: Manhole Covers Market, by Product Type
9.3.5.6.2 The UK: Manhole Covers Market, by Product Type
9.3.5.6.3 The UK: Manhole Covers Market, by Application
9.3.5.7 Italy: Manhole Covers Market–Revenue and Forecast to 2028 (US$ Million)
9.3.5.8 Italy: Manhole Covers Market–Volume and Forecast to 2028 (Thousand Units)
9.3.5.8.1 Italy: Manhole Covers Market, by Product Type
9.3.5.8.2 Italy: Manhole Covers Market, by Product Type
9.3.5.8.3 Italy: Manhole Covers Market, by Application
9.3.5.9 Russia: Manhole Covers Market–Revenue and Forecast to 2028 (US$ Million)
9.3.5.10 Russia: Manhole Covers Market–Volume and Forecast to 2028 (Thousand Units)
9.3.5.10.1 Russia: Manhole Covers Market, by Product Type
9.3.5.10.2 Russia: Manhole Covers Market, by Product Type
9.3.5.10.3 Russia: Manhole Covers Market, by Application
9.3.5.11 Rest of Europe: Manhole Covers Market –Revenue and Forecast to 2028 (US$ Million)
9.3.5.12 Rest of Europe: Manhole Covers Market – Volume and Forecast to 2028 (Thousand Units)
9.3.5.12.1 Rest of Europe: Manhole Covers Market, by Product Type
9.3.5.12.2 Rest of Europe: Manhole Covers Market, by Product Type
9.3.5.12.3 Rest of Europe: Manhole Covers Market, by Application
9.4 Asia Pacific: Manhole Covers Market
9.4.1 Asia Pacific: Manhole Covers Market –Revenue and Forecast to 2028 (US$ Million)
9.4.2 Asia Pacific: Manhole Covers Market –Volume and Forecast to 2028 (Thousand Units)
9.4.3 Asia Pacific: Manhole Covers Market, by Product Type
9.4.4 Asia Pacific: Manhole Covers Market, by Application
9.4.5 Asia Pacific: Manhole Covers Market, by Key Country
9.4.5.1 Australia: Manhole Covers Market –Revenue and Forecast to 2028 (US$ Million)
9.4.5.2 Australia: Manhole Covers Market – Volume and Forecast to 2028 (Thousand Units)
9.4.5.2.1 Australia: Manhole Covers Market, by Product Type
9.4.5.2.2 Australia: Manhole Covers Market, by Product Type
9.4.5.2.3 Australia: Manhole Covers Market, by Application
9.4.5.3 China: Manhole Covers Market –Revenue and Forecast to 2028 (US$ Million)
9.4.5.4 China: Manhole Covers Market – Volume and Forecast to 2028 (Thousand Units)
9.4.5.4.1 China: Manhole Covers Market, by Product Type
9.4.5.4.2 China: Manhole Covers Market, by Product Type
9.4.5.4.3 China: Manhole Covers Market, by Application
9.4.5.5 India: Manhole Covers Market –Revenue and Forecast to 2028 (US$ Million)
9.4.5.6 India: Manhole Covers Market – Volume and Forecast to 2028 (Thousand Units)
9.4.5.6.1 India: Manhole Covers Market, by Product Type
9.4.5.6.2 India: Manhole Covers Market, by Product Type
9.4.5.6.3 India: Manhole Covers Market, by Application
9.4.5.7 Japan: Manhole Covers Market –Revenue and Forecast to 2028 (US$ Million)
9.4.5.8 Japan: Manhole Covers Market – Volume and Forecast to 2028 (Thousand Units)
9.4.5.8.1 Japan: Manhole Covers Market, by Product Type
9.4.5.8.2 Japan: Manhole Covers Market, by Product Type
9.4.5.8.3 Japan: Manhole Covers Market, by Application
9.4.5.9 South Korea: Manhole Covers Market –Revenue and Forecast to 2028 (US$ Million)
9.4.5.10 South Korea: Manhole Covers Market – Volume and Forecast to 2028 (Thousand Units)
9.4.5.10.1 South Korea: Manhole Covers Market, by Product Type
9.4.5.10.2 South Korea: Manhole Covers Market, by Product Type
9.4.5.10.3 South Korea: Manhole Covers Market, by Application
9.4.5.11 Rest of Asia Pacific: Manhole Covers Market –Revenue and Forecast to 2028 (US$ Million)
9.4.5.12 Rest of Asia Pacific: Manhole Covers Market – Volume and Forecast to 2028 (Thousand Units)
9.4.5.12.1 Rest of Asia Pacific: Manhole Covers Market, by Product Type
9.4.5.12.2 Rest of Asia Pacific: Manhole Covers Market, by Product Type
9.4.5.12.3 Rest of Asia Pacific: Manhole Covers Market, by Application
9.5 Middle East and Africa: Manhole Covers Market
9.5.1 Middle East and Africa: Manhole Covers Market –Revenue and Forecast to 2028 (US$ Million)
9.5.2 Middle East and Africa: Manhole Covers Market –Volume and Forecast to 2028 (Thousand Units)
9.5.3 Middle East and Africa: Manhole Covers Market, by Product Type
9.5.4 Middle East and Africa: Manhole Covers Market, by Application
9.5.5 Middle East and Africa: Manhole Covers Market, by Key Country
9.5.5.1 South Africa: Manhole Covers Market –Revenue and Forecast to 2028 (US$ Million)
9.5.5.2 South Africa: Manhole Covers Market –Volume and Forecast to 2028 (Thousand Units)
9.5.5.2.1 South Africa: Manhole Covers Market, by Product Type
9.5.5.2.2 South Africa: Manhole Covers Market, by Product Type
9.5.5.2.3 South Africa: Manhole Covers Market, by Application
9.5.5.3 Saudi Arabia: Manhole Covers Market –Revenue and Forecast to 2028 (US$ Million)
9.5.5.4 Saudi Arabia: Manhole Covers Market –Volume and Forecast to 2028 (Thousand Units)
9.5.5.4.1 Saudi Arabia: Manhole Covers Market, by Product Type
9.5.5.4.2 Saudi Arabia: Manhole Covers Market, by Product Type
9.5.5.4.3 Saudi Arabia: Manhole Covers Market, by Application
9.5.5.5 UAE: Manhole Covers Market –Revenue and Forecast to 2028 (US$ Million)
9.5.5.6 UAE: Manhole Covers Market –Volume and Forecast to 2028 (Thousand Units)
9.5.5.6.1 UAE: Manhole Covers Market, by Product Type
9.5.5.6.2 UAE: Manhole Covers Market, by Product Type
9.5.5.6.3 UAE: Manhole Covers Market, by Application
9.5.5.7 Rest of Middle East & Africa: Manhole Covers Market –Revenue and Forecast to 2028 (US$ Million)
9.5.5.8 Rest of Middle East & Africa: Manhole Covers Market –Volume and Forecast to 2028 (Thousand Units)
9.5.5.8.1 Rest of Middle East & Africa: Manhole Covers Market, by Product Type
9.5.5.8.2 Rest of Middle East & Africa: Manhole Covers Market, by Product Type
9.5.5.8.3 Rest of Middle East & Africa: Manhole Covers Market, by Application
9.6 South & Central America: Manhole Covers Market
9.6.1 South & Central America: Manhole Covers Market –Revenue and Forecast to 2028 (US$ Million)
9.6.2 South & Central America: Manhole Covers Market –Volume and Forecast to 2028 (Thousand Units)
9.6.3 South & Central America: Manhole Covers Market, by Product Type
9.6.4 South & Central America: Manhole Covers Market, by Application
9.6.5 South & Central America: Manhole Covers Market, by Key Country
9.6.5.1 Brazil: Manhole Covers Market –Revenue and Forecast to 2028 (US$ Million)
9.6.5.2 Brazil: Manhole Covers Market –Volume and Forecast to 2028 (Thousand Units)
9.6.5.2.1 Brazil: Manhole Covers Market, by Product Type
9.6.5.2.2 Brazil: Manhole Covers Market, by Product Type
9.6.5.2.3 Brazil: Manhole Covers Market, by Application
9.6.5.3 Argentina: Manhole Covers Market –Revenue and Forecast to 2028 (US$ Million)
9.6.5.4 Argentina: Manhole Covers Market –Volume and Forecast to 2028 (Thousand Units)
9.6.5.4.1 Argentina: Manhole Covers Market, by Product Type
9.6.5.4.2 Argentina: Manhole Covers Market, by Product Type
9.6.5.4.3 Argentina: Manhole Covers Market, by Application
9.6.5.5 Rest of South & Central America: Manhole Covers Market –Revenue and Forecast to 2028 (US$ Million)
9.6.5.6 Rest of South & Central America: Manhole Covers Market –Volume and Forecast to 2028 (Thousand Units)
9.6.5.6.1 Rest of South & Central America: Manhole Covers Market, by Product Type
9.6.5.6.2 Rest of South & Central America: Manhole Covers Market, by Product Type
9.6.5.6.3 Rest of South & Central America: Manhole Covers Market, by Application
10. Impact of COVID-19
10.1 Overview – Impact of COVID-19
10.2 Impact of COVID-19 on Manhole Covers Market
10.3 North America: Impact Assessment of COVID-19 Pandemic
10.4 Europe: Impact Assessment of COVID-19 Pandemic
10.5 APAC: Impact Assessment of COVID-19 Pandemic
10.6 Middle East & Africa: Impact Assessment of COVID-19 Pandemic
10.7 South & Central America: Impact Assessment of COVID-19 Pandemic
11. Company Profiles
11.1 SAINT GOBAIN S.A.
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 John Bouchard & Sons Co.
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 EJ Group, Inc.
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 Huber Technology de Mexico
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 Vodaland
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 Neenah Foundry
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 LF Manufacturing, 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 Eagle Manufacturing Corporation
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 Fibrelite
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 Nexgen Insulation and Refrigeration LLP
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
LIST OF TABLES
Table 1. Manhole Covers Market –Volume and Forecast to 2028 (Thousand Units)
Table 2. Manhole Covers Market –Revenue and Forecast to 2028 (US$ Million)
Table 3. Global Manhole Covers Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 4. Global Manhole Covers Market, by Product Type – Volume and Forecast to 2028 (Thousand Units)
Table 5. Global Manhole Covers Market, by Application– Revenue and Forecast to 2028 (US$ Million)
Table 6. North America Manhole Covers Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 7. North America Manhole Covers Market, by Product Type – Volume and Forecast to 2028 (Thousand Units)
Table 8. North America Manhole Covers Market, by Application– Revenue and Forecast to 2028 (US$ Million)
Table 9. US Manhole Covers Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 10. US Manhole Covers Market, by Product Type – Volume and Forecast to 2028 (Thousand Units)
Table 11. US Manhole Covers Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 12. Canada: Manhole Covers Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 13. Canada: Manhole Covers Market, by Product Type – Volume and Forecast to 2028 (Thousand Units)
Table 14. Canada Manhole Covers Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 15. Mexico Manhole Covers Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 16. Mexico Manhole Covers Market, by Product Type – Volume and Forecast to 2028 (Thousand Units)
Table 17. Mexico Manhole Covers Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 18. Europe Manhole Covers Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 19. Europe Manhole Covers Market, by Product Type – Volume and Forecast to 2028 (Thousand Units)
Table 20. Europe Manhole Covers Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 21. Germany Manhole Covers Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 22. Germany Manhole Covers Market, by Product Type – Volume and Forecast to 2028 (Thousand Units)
Table 23. Germany Manhole Covers Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 24. France Manhole Covers Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 25. France Manhole Covers Market, by Product Type – Volume and Forecast to 2028 (Thousand Units)
Table 26. France Manhole Covers Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 27. The UK Manhole Covers Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 28. The UK Manhole Covers Market, by Product Type – Volume and Forecast to 2028 (Thousand Units)
Table 29. The UK Manhole Covers Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 30. Italy Manhole Covers Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 31. Italy Manhole Covers Market, by Product Type – Volume and Forecast to 2028 (Thousand Units)
Table 32. Italy Manhole Covers Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 33. Russia: Manhole Covers Market, by Product Type– Revenue and Forecast to 2028 (US$ Million)
Table 34. Russia: Manhole Covers Market, by Product Type– Volume and Forecast to 2028 (Thousand Units)
Table 35. Russia: Manhole Covers Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 36. Rest of Europe Manhole Covers Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 37. Rest of Europe Manhole Covers Market, by Product Type – Volume and Forecast to 2028 (Thousand Units)
Table 38. Rest of Europe Manhole Covers Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 39. Asia Pacific Manhole Covers Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 40. Asia Pacific Manhole Covers Market, by Product Type – Volume and Forecast to 2028 (Thousand Units)
Table 41. Asia Pacific Manhole Covers Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 42. Australia Manhole Covers Market, by Product Type– Revenue and Forecast to 2028 (US$ Million)
Table 43. Australia Manhole Covers Market, by Product Type– Volume and Forecast to 2028 (Thousand Units)
Table 44. Australia Manhole Covers Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 45. China Manhole Covers Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 46. China Manhole Covers Market, by Product Type – Volume and Forecast to 2028 (Thousand Units)
Table 47. China Manhole Covers Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 48. India Manhole Covers Market, by Product Type –Revenue and Forecast to 2028 (US$ Million)
Table 49. India Manhole Covers Market, by Product Type – Volume and Forecast to 2028 (Thousand Units)
Table 50. India Manhole Covers Market, by Application– Revenue and Forecast to 2028 (US$ Million)
Table 51. Japan Manhole Covers Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 52. Japan Manhole Covers Market, by Product Type – Volume and Forecast to 2028 (Thousand Units)
Table 53. Japan Manhole Covers Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 54. South Korea Manhole Covers Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 55. South Korea Manhole Covers Market, by Product Type – Volume and Forecast to 2028 (Thousand Units)
Table 56. South Korea Manhole Covers Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 57. Rest of Asia Pacific Manhole Covers Market, by Product Type –Revenue and Forecast to 2028 (US$ Million)
Table 58. Rest of Asia Pacific Manhole Covers Market, by Product Type – Volume and Forecast to 2028 (Thousand Units)
Table 59. Rest of Asia Pacific Manhole Covers Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 60. Middle East and Africa Manhole Covers Market, by Product Type– Revenue and Forecast to 2028 (US$ Million)
Table 61. Middle East and Africa Manhole Covers Market, by Product Type–Volume and Forecast to 2028 (Thousand Units)
Table 62. Middle East and Africa Manhole Covers Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 63. South Africa Manhole Covers Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 64. South Africa Manhole Covers Market, by Product Type – Volume and Forecast to 2028 (Thousand Units)
Table 65. South Africa Manhole Covers Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 66. Saudi Arabia Manhole Covers Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 67. Saudi Arabia Manhole Covers Market, by Product Type – Volume and Forecast to 2028 (Thousand Units)
Table 68. Saudi Arabia Manhole Covers Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 69. UAE Manhole Covers Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 70. UAE Manhole Covers Market, by Product Type – Volume and Forecast to 2028 (Thousand Units)
Table 71. UAE Manhole Covers Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 72. Rest of Middle East & Africa Manhole Covers Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 73. Rest of Middle East & Africa Manhole Covers Market, by Product Type – Volume and Forecast to 2028 (Thousand Units)
Table 74. Rest of Middle East & Africa Manhole Covers Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 75. South & Central America Manhole Covers Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 76. South & Central America Manhole Covers Market, by Product Type – Volume and Forecast to 2028 (Thousand Units)
Table 77. South & Central America Manhole Covers Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 78. Brazil Manhole Covers Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 79. Brazil Manhole Covers Market, by Product Type – Volume and Forecast to 2028 (Thousand Units)
Table 80. Brazil Manhole Covers Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 81. Argentina Manhole Covers Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 82. Argentina Manhole Covers Market, by Product Type – Volume and Forecast to 2028 (Thousand Units)
Table 83. Argentina Manhole Covers Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 84. Rest of South & Central America Manhole Covers Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 85. Rest of South & Central America Manhole Covers Market, by Product Type – Volume and Forecast to 2028 (Thousand Units)
Table 86. Rest of South & Central America Manhole Covers Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 87. Glossary of Terms, Global Manhole Covers Market
LIST OF FIGURES
Figure 1. Manhole Covers Market Segmentation
Figure 2. Manhole Covers Market Segmentation – By Geography
Figure 3. Global Manhole Covers Market Overview
Figure 4. Global Manhole Covers Market, By Product Type
Figure 5. Global Manhole Covers Market, by Geography
Figure 6. Global Manhole Covers Market, Industry Landscape
Figure 7. Porter's Five Forces Analysis
Figure 8. Manhole Covers Market, Ecosystem
Figure 9. Expert Opinions
Figure 10. Global Manhole Covers Market Impact Analysis of Drivers and Restraints
Figure 11. Geographic Overview of Manhole Covers Market
Figure 12. Manhole Covers Market – Volume and Forecast to 2028 (Thousand Units)
Figure 13. Manhole Covers Market – Revenue and Forecast to 2028 (US$ Million)
Figure 14. Manhole Covers Market Revenue Share, By Product Type (2021 and 2028)
Figure 15. Metal Covers: Manhole Covers Market – Revenue and Forecast To 2028 (US$ Million)
Figure 16. Metal Covers: Manhole Covers Market – Volume and Forecast To 2028 (Thousand Units)
Figure 17. Composite Covers: Manhole Covers Market – Revenue and Forecast To 2028 (US$ Million)
Figure 18. Composite Covers: Manhole Covers Market – Volume and Forecast To 2028 (Thousand Units)
Figure 19. Concrete Covers: Manhole Covers Market – Revenue and Forecast To 2028 (US$ Million)
Figure 20. Concrete Covers: Manhole Covers Market – Volume and Forecast To 2028 (Thousand Units)
Figure 21. Manhole Covers Market Revenue Share, By Application (2021 and 2028)
Figure 22. Municipal: Manhole Covers Market – Revenue and Forecast To 2028 (US$ Million)
Figure 23. Commercial Facilities: Manhole Covers Market – Revenue and Forecast To 2028 (US$ Million)
Figure 24. Industrial Facilities: Manhole Covers Market – Revenue and Forecast To 2028 (US$ Million)
Figure 25. Utility Pits and Others: Manhole Covers Market – Revenue and Forecast To 2028 (US$ Million)
Figure 26. Global Manhole Covers Market Revenue Share, by Region (2021 and 2028)
Figure 27. North America: Manhole Covers Market – Revenue and Forecast to 2028 (US$ Million)
Figure 28. North America: Manhole Covers Market –Volume and Forecast to 2028 (Thousand Units)
Figure 29. North America: Manhole Covers Market Revenue Share, by Product Type (2021 and 2028)
Figure 30. North America: Manhole Covers Market Revenue Share, by Application (2021 and 2028)
Figure 31. North America: Manhole Covers Market Revenue Share, by Key Country (2021 and 2028)
Figure 32. US: Manhole Covers Market –Revenue and Forecast to 2028 (US$ Million)
Figure 33. US: Manhole Covers Market –Volume and Forecast to 2028 (Thousand Units)
Figure 34. Canada: Manhole Covers Market–Revenue and Forecast to 2028 (US$ Million)
Figure 35. Canada: Manhole Covers Market–Volume and Forecast to 2028 (Thousand Units)
Figure 36. Mexico: Manhole Covers Market–Revenue and Forecast to 2028 (US$ Million)
Figure 37. Mexico: Manhole Covers Market–Volume and Forecast to 2028 (Thousand Units)
Figure 38. Europe: Manhole Covers Market– Revenue and Forecast to 2028 (US$ Million)
Figure 39. Europe: Manhole Covers Market–Volume and Forecast to 2028 (Thousand Units)
Figure 40. Europe: Manhole Covers Market Revenue Share, by Product Type (2021 and 2028)
Figure 41. Europe: Manhole Covers Market Revenue Share, by Application (2021 and 2028)
Figure 42. Europe: Manhole Covers Market Revenue Share, by Key Country (2021 and 2028)
Figure 43. Germany: Manhole Covers Market–Revenue and Forecast to 2028 (US$ Million)
Figure 44. Germany: Manhole Covers Market–Volume and Forecast to 2028 (Thousand Units)
Figure 45. France: Manhole Covers Market–Revenue and Forecast to 2028 (US$ Million)
Figure 46. France: Manhole Covers Market–Volume and Forecast to 2028 (Thousand Units)
Figure 47. The UK: Manhole Covers Market–Revenue and Forecast to 2028 (US$ Million)
Figure 48. The UK: Manhole Covers Market–Volume and Forecast to 2028 (Thousand Units)
Figure 49. Italy: Manhole Covers Market–Revenue and Forecast to 2028 (US$ Million)
Figure 50. Italy: Manhole Covers Market–Volume and Forecast to 2028 (Thousand Units)
Figure 51. Russia: Manhole Covers Market–Revenue and Forecast to 2028 (US$ Million)
Figure 52. Russia: Manhole Covers Market– Volume and Forecast to 2028 (Thousand Units)
Figure 53. Rest of Europe: Manhole Covers Market –Revenue and Forecast to 2028 (US$ Million)
Figure 54. Rest of Europe: Manhole Covers Market – Volume and Forecast to 2028 (Thousand Units)
Figure 55. Asia Pacific: Manhole Covers Market – Revenue and Forecast to 2028 (US$ Million)
Figure 56. Asia Pacific: Manhole Covers Market – Volume and Forecast to 2028 (Thousand Units)
Figure 57. Asia Pacific: Manhole Covers Market Revenue Share, by Product Type (2021 and 2028)
Figure 58. Asia Pacific: Manhole Covers Market Revenue Share, by Application (2021 and 2028)
Figure 59. Asia Pacific: Manhole Covers Market Revenue Share, by Key Country (2021 and 2028)
Figure 60. Australia: Manhole Covers Market –Revenue and Forecast to 2028 (US$ Million)
Figure 61. Australia: Manhole Covers Market – Volume and Forecast to 2028 (Thousand Units)
Figure 62. China: Manhole Covers Market –Revenue and Forecast to 2028 (US$ Million)
Figure 63. China: Manhole Covers Market – Volume and Forecast to 2028 (Thousand Units)
Figure 64. India: Manhole Covers Market –Revenue and Forecast to 2028 (US$ Million)
Figure 65. India: Manhole Covers Market – Volume and Forecast to 2028 (Thousand Units)
Figure 66. Japan: Manhole Covers Market –Revenue and Forecast to 2028 (US$ Million)
Figure 67. Japan: Manhole Covers Market – Volume and Forecast to 2028 (Thousand Units)
Figure 68. South Korea: Manhole Covers Market –Revenue and Forecast to 2028 (US$ Million)
Figure 69. South Korea: Manhole Covers Market – Volume and Forecast to 2028 (Thousand Units)
Figure 70. Rest of Asia Pacific: Manhole Covers Market –Revenue and Forecast to 2028 (US$ Million)
Figure 71. Rest of Asia Pacific: Manhole Covers Market – Volume and Forecast to 2028 (Thousand Units)
Figure 72. Middle East and Africa: Manhole Covers Market – Revenue and Forecast to 2028 (US$ Million)
Figure 73. Middle East and Africa: Manhole Covers Market –Volume and Forecast to 2028 (Thousand Units)
Figure 74. Middle East and Africa: Manhole Covers Market Revenue Share, by Product Type (2021 and 2028)
Figure 75. Middle East and Africa: Manhole Covers Market Revenue Share, by Application (2021 and 2028)
Figure 76. Middle East and Africa: Manhole Covers Market Revenue Share, by Key Country (2021 and 2028)
Figure 77. South Africa: Manhole Covers Market –Revenue and Forecast to 2028 (US$ Million)
Figure 78. South Africa: Manhole Covers Market –Volume and Forecast to 2028 (Thousand Units)
Figure 79. Saudi Arabia: Manhole Covers Market –Revenue and Forecast to 2028 (US$ Million)
Figure 80. Saudi Arabia: Manhole Covers Market –Volume and Forecast to 2028 (Thousand Units)
Figure 81. UAE: Manhole Covers Market –Revenue and Forecast to 2028 (US$ Million)
Figure 82. UAE: Manhole Covers Market –Volume and Forecast to 2028 (Thousand Units)
Figure 83. Rest of Middle East & Africa: Manhole Covers Market –Revenue and Forecast to 2028 (US$ Million)
Figure 84. Rest of Middle East & Africa: Manhole Covers Market –Volume and Forecast to 2028 (Thousand Units)
Figure 85. South & Central America: Manhole Covers Market – Revenue and Forecast to 2028 (US$ Million)
Figure 86. South & Central America: Manhole Covers Market –Volume and Forecast to 2028 (Thousand Units)
Figure 87. South & Central America: Manhole Covers Market Revenue Share, by Product Type (2021 and 2028)
Figure 88. South & Central America: Manhole Covers Market Revenue Share, by Application (2021 and 2028)
Figure 89. South & Central America: Manhole Covers Market Revenue Share, by Key Country (2021 and 2028)
Figure 90. Brazil: Manhole Covers Market –Revenue and Forecast to 2028 (US$ Million)
Figure 91. Brazil: Manhole Covers Market –Volume and Forecast to 2028 (Thousand Units)
Figure 92. Argentina: Manhole Covers Market –Revenue and Forecast to 2028 (US$ Million)
Figure 93. Argentina: Manhole Covers Market –Volume and Forecast to 2028 (Thousand Units)
Figure 94. Rest of South & Central America: Manhole Covers Market –Revenue and Forecast to 2028 (US$ Million)
Figure 95. Rest of South & Central America: Manhole Covers Market –Volume and Forecast to 2028 (Thousand Units)
Figure 96. Impact of COVID-19 Pandemic on North America Manhole Covers Market
Figure 97. Impact of COVID-19 Pandemic on Europe Manhole Covers Market
Figure 98. Impact of COVID-19 Pandemic on APAC Manhole Covers Market
Figure 99. Impact of COVID-19 Pandemic on the Middle East & Africa Manhole Covers Market
Figure 100. Impact of COVID-19 Pandemic on South & Central America Manhole Covers Market
The List of Companies - Manhole Covers Market
- John Bouchard & Sons Co
- EJ Group Inc
- Neenah Foundry Co
- LF Manufacturing Inc
- Eagle Manufacturing Corp
- Fibrelite Composites Inc
- Industrie Polieco – Mpb Srl
- Terra Firma Industries Pty Ltd
- Crescent Foundry Co Pvt Ltd
- Compagnie de Saint-Gobain SA
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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