Marine fin stabilizers are the fins or rotors mounted beneath the waterline and emerging laterally from the hull to reduce a ship's roll due to waves and wind. They help to reduce roll by hydrodynamic drag exerted when the ship rolls, hence increasing the deployment of the fin stabilizer that boosting the growth of the marine fin stabilizer market. Growing international seaborne trade activities are also fueling the growth of the marine fin stabilizer market. The growing maritime tourism activities are growing demand for marine ships, vessels, and others, which significantly driving the growth of the marine fin stabilizer marke.
MARKET SCOPE
The "Global Marine Fin Stabilizer Market Analysis To 2031" is a specialized and in-depth study of the marine fin stabilizer industry with a special focus on the global market trend analysis. The report aims to provide an overview marine fin stabilizer market with detailed market segmentation by product type, ship type, and geography. The report provides key statistics on the market status of the leading marine fin stabilizer market players and offers key trends and opportunities in the marine fin stabilizer market.
MARKET SEGMENTATION
- The global marine fin stabilizer market is segmented on the basis of product type, ship type.
- On the basis of product type the market is segmented as retractable fin stabilizers, non-retractable fin stabilizer, anchor/rest stabilizer.
- On the basis of ship type the market is segmented as commercial, naval.
MARKET DYNAMICS
Drivers:
- Marine fin stabilizer provides resistance to the excess rolling of the ship, and this reduction of rolling allows better fuel and speed performance of the vessels.
- Additionally, it enhances crew safety on the rough sea; these factors are rising the demand of the fin stabilizer, which propels the growth of the marine fin stabilizer market
Restraints:
- Traditional marine fin stabilizers affect the speed of the cruise by a few knots due to drag, confining their application to large vessels, which is expected to restrain the growth of the market.
REGIONAL FRAMEWORK
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 Marine fin stabilizer 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 marketduring 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 Marine fin stabilizer market in these regions.
IMPACT OF COVID-19 ON MARINE FIN STABILIZER MARKET
COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Few companies have already announced possible delays in product deliveries and slump in future sales of their products. In addition to this, the global travel bans imposed by countries in Europe, Asia-Pacific, and North America are affecting the business collaborations and partnerships opportunities.
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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 Marine fin stabilizer 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 marketduring 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 Marine fin stabilizer market in these regions.
IMPACT OF COVID-19 ON MARINE FIN STABILIZER MARKET
COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Few companies have already announced possible delays in product deliveries and slump in future sales of their products. In addition to this, the global travel bans imposed by countries in Europe, Asia-Pacific, and North America are affecting the business collaborations and partnerships opportunities.
MARKET PLAYERS
The report covers key developments in the Marine fin stabilizer 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 marketwere acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from Marine fin stabilizer market market are anticipated to lucrative growth opportunities in the future with the rising demand for Marine fin stabilizer market in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the Marine fin stabilizer 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.
- FINCANTIERI S.p.A.
- Groupe Fouré Lagadec
- Kongsberg Maritime
- Matn's Stabilizers
- MITSUBISHI HEAVY INDUSTRIES, LTD.
- Naiad Maritime Group, Inc.
- Northrop Grumman Sperry Marine B.V.
- Quantum Marine Stabilizers
- SKF
- Western Marine Electronics, Inc.
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 Marine Fin Stabilizer Market - By Product Type
1.3.2 Marine Fin Stabilizer Market - By Ship Type
1.3.3 Marine Fin Stabilizer Market - By Region
1.3.3.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. MARINE FIN STABILIZER MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PEST ANALYSIS
4.2.1 North America - Pest Analysis
4.2.2 Europe - Pest Analysis
4.2.3 Asia-Pacific - Pest Analysis
4.2.4 Middle East and Africa - Pest Analysis
4.2.5 South and Central America - Pest Analysis
4.3. ECOSYSTEM ANALYSIS
4.4. EXPERT OPINIONS
5. MARINE FIN STABILIZER 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. MARINE FIN STABILIZER MARKET - GLOBAL MARKET ANALYSIS
6.1. MARINE FIN STABILIZER - GLOBAL MARKET OVERVIEW
6.2. MARINE FIN STABILIZER - GLOBAL MARKET AND FORECAST TO 2027
6.3. MARKET POSITIONING/MARKET SHARE
7. MARINE FIN STABILIZER MARKET - REVENUE AND FORECASTS TO 2027 - PRODUCT TYPE
7.1. OVERVIEW
7.2. PRODUCT TYPE MARKET FORECASTS AND ANALYSIS
7.3. RETRACTABLE FIN STABILIZER
7.3.1. Overview
7.3.2. Retractable Fin Stabilizer Market Forecast and Analysis
7.4. NON-RETRACTABLE FIN STABILIZER
7.4.1. Overview
7.4.2. Non-Retractable Fin Stabilizer Market Forecast and Analysis
7.5. ANCHOR/REST STABILIZER
7.5.1. Overview
7.5.2. Anchor/Rest Stabilizer Market Forecast and Analysis
8. MARINE FIN STABILIZER MARKET - REVENUE AND FORECASTS TO 2027 - SHIP TYPE
8.1. OVERVIEW
8.2. SHIP TYPE MARKET FORECASTS AND ANALYSIS
8.3. COMMERCIAL
8.3.1. Overview
8.3.2. Commercial Market Forecast and Analysis
8.4. NAVAL
8.4.1. Overview
8.4.2. Naval Market Forecast and Analysis
9. MARINE FIN STABILIZER MARKET REVENUE AND FORECASTS TO 2027 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Marine Fin Stabilizer Market Overview
9.1.2 North America Marine Fin Stabilizer Market Forecasts and Analysis
9.1.3 North America Marine Fin Stabilizer Market Forecasts and Analysis - By Product Type
9.1.4 North America Marine Fin Stabilizer Market Forecasts and Analysis - By Ship Type
9.1.5 North America Marine Fin Stabilizer Market Forecasts and Analysis - By Countries
9.1.5.1 United States Marine Fin Stabilizer Market
9.1.5.1.1 United States Marine Fin Stabilizer Market by Product Type
9.1.5.1.2 United States Marine Fin Stabilizer Market by Ship Type
9.1.5.2 Canada Marine Fin Stabilizer Market
9.1.5.2.1 Canada Marine Fin Stabilizer Market by Product Type
9.1.5.2.2 Canada Marine Fin Stabilizer Market by Ship Type
9.1.5.3 Mexico Marine Fin Stabilizer Market
9.1.5.3.1 Mexico Marine Fin Stabilizer Market by Product Type
9.1.5.3.2 Mexico Marine Fin Stabilizer Market by Ship Type
9.2. EUROPE
9.2.1 Europe Marine Fin Stabilizer Market Overview
9.2.2 Europe Marine Fin Stabilizer Market Forecasts and Analysis
9.2.3 Europe Marine Fin Stabilizer Market Forecasts and Analysis - By Product Type
9.2.4 Europe Marine Fin Stabilizer Market Forecasts and Analysis - By Ship Type
9.2.5 Europe Marine Fin Stabilizer Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Marine Fin Stabilizer Market
9.2.5.1.1 Germany Marine Fin Stabilizer Market by Product Type
9.2.5.1.2 Germany Marine Fin Stabilizer Market by Ship Type
9.2.5.2 France Marine Fin Stabilizer Market
9.2.5.2.1 France Marine Fin Stabilizer Market by Product Type
9.2.5.2.2 France Marine Fin Stabilizer Market by Ship Type
9.2.5.3 Italy Marine Fin Stabilizer Market
9.2.5.3.1 Italy Marine Fin Stabilizer Market by Product Type
9.2.5.3.2 Italy Marine Fin Stabilizer Market by Ship Type
9.2.5.4 United Kingdom Marine Fin Stabilizer Market
9.2.5.4.1 United Kingdom Marine Fin Stabilizer Market by Product Type
9.2.5.4.2 United Kingdom Marine Fin Stabilizer Market by Ship Type
9.2.5.5 Russia Marine Fin Stabilizer Market
9.2.5.5.1 Russia Marine Fin Stabilizer Market by Product Type
9.2.5.5.2 Russia Marine Fin Stabilizer Market by Ship Type
9.2.5.6 Rest of Europe Marine Fin Stabilizer Market
9.2.5.6.1 Rest of Europe Marine Fin Stabilizer Market by Product Type
9.2.5.6.2 Rest of Europe Marine Fin Stabilizer Market by Ship Type
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Marine Fin Stabilizer Market Overview
9.3.2 Asia-Pacific Marine Fin Stabilizer Market Forecasts and Analysis
9.3.3 Asia-Pacific Marine Fin Stabilizer Market Forecasts and Analysis - By Product Type
9.3.4 Asia-Pacific Marine Fin Stabilizer Market Forecasts and Analysis - By Ship Type
9.3.5 Asia-Pacific Marine Fin Stabilizer Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Marine Fin Stabilizer Market
9.3.5.1.1 Australia Marine Fin Stabilizer Market by Product Type
9.3.5.1.2 Australia Marine Fin Stabilizer Market by Ship Type
9.3.5.2 China Marine Fin Stabilizer Market
9.3.5.2.1 China Marine Fin Stabilizer Market by Product Type
9.3.5.2.2 China Marine Fin Stabilizer Market by Ship Type
9.3.5.3 India Marine Fin Stabilizer Market
9.3.5.3.1 India Marine Fin Stabilizer Market by Product Type
9.3.5.3.2 India Marine Fin Stabilizer Market by Ship Type
9.3.5.4 Japan Marine Fin Stabilizer Market
9.3.5.4.1 Japan Marine Fin Stabilizer Market by Product Type
9.3.5.4.2 Japan Marine Fin Stabilizer Market by Ship Type
9.3.5.5 South Korea Marine Fin Stabilizer Market
9.3.5.5.1 South Korea Marine Fin Stabilizer Market by Product Type
9.3.5.5.2 South Korea Marine Fin Stabilizer Market by Ship Type
9.3.5.6 Rest of Asia-Pacific Marine Fin Stabilizer Market
9.3.5.6.1 Rest of Asia-Pacific Marine Fin Stabilizer Market by Product Type
9.3.5.6.2 Rest of Asia-Pacific Marine Fin Stabilizer Market by Ship Type
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Marine Fin Stabilizer Market Overview
9.4.2 Middle East and Africa Marine Fin Stabilizer Market Forecasts and Analysis
9.4.3 Middle East and Africa Marine Fin Stabilizer Market Forecasts and Analysis - By Product Type
9.4.4 Middle East and Africa Marine Fin Stabilizer Market Forecasts and Analysis - By Ship Type
9.4.5 Middle East and Africa Marine Fin Stabilizer Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Marine Fin Stabilizer Market
9.4.5.1.1 South Africa Marine Fin Stabilizer Market by Product Type
9.4.5.1.2 South Africa Marine Fin Stabilizer Market by Ship Type
9.4.5.2 Saudi Arabia Marine Fin Stabilizer Market
9.4.5.2.1 Saudi Arabia Marine Fin Stabilizer Market by Product Type
9.4.5.2.2 Saudi Arabia Marine Fin Stabilizer Market by Ship Type
9.4.5.3 U.A.E Marine Fin Stabilizer Market
9.4.5.3.1 U.A.E Marine Fin Stabilizer Market by Product Type
9.4.5.3.2 U.A.E Marine Fin Stabilizer Market by Ship Type
9.4.5.4 Rest of Middle East and Africa Marine Fin Stabilizer Market
9.4.5.4.1 Rest of Middle East and Africa Marine Fin Stabilizer Market by Product Type
9.4.5.4.2 Rest of Middle East and Africa Marine Fin Stabilizer Market by Ship Type
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Marine Fin Stabilizer Market Overview
9.5.2 South and Central America Marine Fin Stabilizer Market Forecasts and Analysis
9.5.3 South and Central America Marine Fin Stabilizer Market Forecasts and Analysis - By Product Type
9.5.4 South and Central America Marine Fin Stabilizer Market Forecasts and Analysis - By Ship Type
9.5.5 South and Central America Marine Fin Stabilizer Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Marine Fin Stabilizer Market
9.5.5.1.1 Brazil Marine Fin Stabilizer Market by Product Type
9.5.5.1.2 Brazil Marine Fin Stabilizer Market by Ship Type
9.5.5.2 Argentina Marine Fin Stabilizer Market
9.5.5.2.1 Argentina Marine Fin Stabilizer Market by Product Type
9.5.5.2.2 Argentina Marine Fin Stabilizer Market by Ship Type
9.5.5.3 Rest of South and Central America Marine Fin Stabilizer Market
9.5.5.3.1 Rest of South and Central America Marine Fin Stabilizer Market by Product Type
9.5.5.3.2 Rest of South and Central America Marine Fin Stabilizer Market by Ship Type
10. INDUSTRY LANDSCAPE
10.1. MERGERS AND ACQUISITIONS
10.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
10.3. NEW PRODUCT LAUNCHES
10.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
11. MARINE FIN STABILIZER MARKET, KEY COMPANY PROFILES
11.1. FINCANTIERI S.P.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. GROUPE FOURé LAGADEC
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. KONGSBERG MARITIME
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. MATN'S STABILIZERS
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. MITSUBISHI HEAVY INDUSTRIES, LTD.
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. NAIAD MARITIME GROUP, INC.
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. NORTHROP GRUMMAN SPERRY MARINE B.V.
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. QUANTUM MARINE STABILIZERS
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. SKF
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. WESTERN MARINE ELECTRONICS, INC.
11.10.1. Key Facts
11.10.2. Business Description
11.10.3. Products and Services
11.10.4. Financial Overview
11.10.5. SWOT Analysis
11.10.6. Key Developments
12. APPENDIX
12.1. ABOUT THE INSIGHT PARTNERS
12.2. GLOSSARY OF TERMS
1.FINCANTIERI S.p.A.
2.Groupe Fouré Lagadec
3.Kongsberg Maritime
4.Matn's Stabilizers
5.MITSUBISHI HEAVY INDUSTRIES, LTD.
6.Naiad Maritime Group, Inc.
7.Northrop Grumman Sperry Marine B.V.
8.Quantum Marine Stabilizers
9.SKF
10.Western Marine Electronics, Inc.
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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