Non-ferrous scrap metals such as aluminum, copper, lead, nickel, tin, and zinc are materials with various uses and maintain their chemical properties through repeated recycling and reprocessing. This trait makes non-ferrous metals infinitely recyclable and vital to preserving sustainability in resource conservation. Non-ferrous metals are used because of desirable properties such as low weight, non-magnetic property, higher conductivity, or resistance to corrosion. These materials are also used in the iron and steel, construction, automotive industries, etc.
MARKET DYNAMICS
The surging demand for non-ferrous scrap in secondary production paired with end-use industries is expected to propel the market growth during the forecast period. Increasing consumer demand has pushed manufacturers to increase their production of vehicles, electronics, and other products. Also, rapid industrialization across the world has led to a growing demand for non-ferrous scrap. Because of this, more emphasis is being given towards its collection and recycling. Besides, raising social awareness towards environment, economy, and energy saving in recycling these metals is a growth driver for the market.
The growth of the market in terms of revenue and volume is facing a declining trend on account of the spread of the COVID-19 pandemic, as of 2021. Amidst the lockdown scenario, the demand for non-ferrous scrap has declined drastically. Although recycling has been considered an essential service in several countries, the demand for non-ferrous scrap has reduced due to low manufacturing activities, restricted transportation, and social distancing protocols.
MARKET SCOPE
The "Global Non-Ferrous Scrap Recycling Market Analysis to 2031" is a specialized and in-depth study of the chemicals and materials industry with a particular focus on the global market trend analysis. The report aims to provide an overview of the non-ferrous scrap recycling market with detailed market segmentation by scrap type and application. The global non-ferrous scrap recycling market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading non-ferrous scrap recycling market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global non-ferrous scrap recycling market is segmented into scrap type and application. By scrap type, the non-ferrous scrap recycling market is classified into aluminum, copper, lead, and others. By application, the non-ferrous scrap recycling market is classified into construction, automotive, consumer goods, and industrial goods.
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 non-ferrous scrap recycling market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 concerning five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South America. The non-ferrous scrap recycling 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 non-ferrous scrap recycling market from both demand and supply side. Further, it evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trends. 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 non-ferrous scrap recycling 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 an overview and forecast of the global non-ferrous scrap recycling market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 concerning five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South America. The non-ferrous scrap recycling 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 non-ferrous scrap recycling market from both demand and supply side. Further, it evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trends. 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 non-ferrous scrap recycling market in these regions.
MARKET PLAYERS
The reports cover vital developments in the non-ferrous scrap recycling market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals, and others, such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions and partnerships & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market payers from the non-ferrous scrap recycling market are anticipated to lucrative growth opportunities in the future with the rising demand for non-ferrous scrap recycling in the global market. Below mentioned is the list of few companies engaged in the non-ferrous scrap recycling market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the non-ferrous scrap recycling market. Besides, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last three years, the critical development in the past five years.
Sims Metal Management Ltd
OmniSource, LLC
REMONDIS SE & Co. KG
Aurubis AG
Kuusakoski
Hindalco Industries Limited
Matalco Inc
SA Recycling LLC
Haibao Machinery Technology Co., Ltd.
Wiscon Environmental Technology Inc.
The Insight Partner's dedicated research and analysis team consists of experienced professionals with advanced statistical expertise and offers various customization options in the current 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 Non-Ferrous Scrap Recycling Market - By Scrap Type
1.3.2 Non-Ferrous Scrap Recycling Market - By Application
1.3.3 Non-Ferrous Scrap Recycling Market - By Region
1.3.3.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. NON-FERROUS SCRAP RECYCLING 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. EXPERT OPINIONS
5. NON-FERROUS SCRAP RECYCLING 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. NON-FERROUS SCRAP RECYCLING MARKET - GLOBAL MARKET ANALYSIS
6.1. NON-FERROUS SCRAP RECYCLING - GLOBAL MARKET OVERVIEW
6.2. NON-FERROUS SCRAP RECYCLING - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. NON-FERROUS SCRAP RECYCLING MARKET - REVENUE AND FORECASTS TO 2028 - SCRAP TYPE
7.1. OVERVIEW
7.2. SCRAP TYPE MARKET FORECASTS AND ANALYSIS
7.3. ALUMINUM
7.3.1. Overview
7.3.2. Aluminum Market Forecast and Analysis
7.4. COPPER
7.4.1. Overview
7.4.2. Copper Market Forecast and Analysis
7.5. LEAD
7.5.1. Overview
7.5.2. Lead Market Forecast and Analysis
7.6. OTHERS
7.6.1. Overview
7.6.2. Others Market Forecast and Analysis
8. NON-FERROUS SCRAP RECYCLING MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
8.1. OVERVIEW
8.2. APPLICATION MARKET FORECASTS AND ANALYSIS
8.3. CONSTRUCTION
8.3.1. Overview
8.3.2. Construction Market Forecast and Analysis
8.4. AUTOMOTIVE
8.4.1. Overview
8.4.2. Automotive Market Forecast and Analysis
8.5. CONSUMER GOODS
8.5.1. Overview
8.5.2. Consumer Goods Market Forecast and Analysis
8.6. INDUSTRIAL GOODS
8.6.1. Overview
8.6.2. Industrial Goods Market Forecast and Analysis
9. NON-FERROUS SCRAP RECYCLING MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Non-Ferrous Scrap Recycling Market Overview
9.1.2 North America Non-Ferrous Scrap Recycling Market Forecasts and Analysis
9.1.3 North America Non-Ferrous Scrap Recycling Market Forecasts and Analysis - By Scrap Type
9.1.4 North America Non-Ferrous Scrap Recycling Market Forecasts and Analysis - By Application
9.1.5 North America Non-Ferrous Scrap Recycling Market Forecasts and Analysis - By Countries
9.1.5.1 Canada Non-Ferrous Scrap Recycling Market
9.1.5.1.1 Canada Non-Ferrous Scrap Recycling Market by Scrap Type
9.1.5.1.2 Canada Non-Ferrous Scrap Recycling Market by Application
9.1.5.2 Mexico Non-Ferrous Scrap Recycling Market
9.1.5.2.1 Mexico Non-Ferrous Scrap Recycling Market by Scrap Type
9.1.5.2.2 Mexico Non-Ferrous Scrap Recycling Market by Application
9.1.5.3 US Non-Ferrous Scrap Recycling Market
9.1.5.3.1 US Non-Ferrous Scrap Recycling Market by Scrap Type
9.1.5.3.2 US Non-Ferrous Scrap Recycling Market by Application
9.2. EUROPE
9.2.1 Europe Non-Ferrous Scrap Recycling Market Overview
9.2.2 Europe Non-Ferrous Scrap Recycling Market Forecasts and Analysis
9.2.3 Europe Non-Ferrous Scrap Recycling Market Forecasts and Analysis - By Scrap Type
9.2.4 Europe Non-Ferrous Scrap Recycling Market Forecasts and Analysis - By Application
9.2.5 Europe Non-Ferrous Scrap Recycling Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Non-Ferrous Scrap Recycling Market
9.2.5.1.1 Germany Non-Ferrous Scrap Recycling Market by Scrap Type
9.2.5.1.2 Germany Non-Ferrous Scrap Recycling Market by Application
9.2.5.2 France Non-Ferrous Scrap Recycling Market
9.2.5.2.1 France Non-Ferrous Scrap Recycling Market by Scrap Type
9.2.5.2.2 France Non-Ferrous Scrap Recycling Market by Application
9.2.5.3 Italy Non-Ferrous Scrap Recycling Market
9.2.5.3.1 Italy Non-Ferrous Scrap Recycling Market by Scrap Type
9.2.5.3.2 Italy Non-Ferrous Scrap Recycling Market by Application
9.2.5.4 United Kingdom Non-Ferrous Scrap Recycling Market
9.2.5.4.1 United Kingdom Non-Ferrous Scrap Recycling Market by Scrap Type
9.2.5.4.2 United Kingdom Non-Ferrous Scrap Recycling Market by Application
9.2.5.5 Russia Non-Ferrous Scrap Recycling Market
9.2.5.5.1 Russia Non-Ferrous Scrap Recycling Market by Scrap Type
9.2.5.5.2 Russia Non-Ferrous Scrap Recycling Market by Application
9.2.5.6 Rest of Europe Non-Ferrous Scrap Recycling Market
9.2.5.6.1 Rest of Europe Non-Ferrous Scrap Recycling Market by Scrap Type
9.2.5.6.2 Rest of Europe Non-Ferrous Scrap Recycling Market by Application
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Non-Ferrous Scrap Recycling Market Overview
9.3.2 Asia-Pacific Non-Ferrous Scrap Recycling Market Forecasts and Analysis
9.3.3 Asia-Pacific Non-Ferrous Scrap Recycling Market Forecasts and Analysis - By Scrap Type
9.3.4 Asia-Pacific Non-Ferrous Scrap Recycling Market Forecasts and Analysis - By Application
9.3.5 Asia-Pacific Non-Ferrous Scrap Recycling Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Non-Ferrous Scrap Recycling Market
9.3.5.1.1 Australia Non-Ferrous Scrap Recycling Market by Scrap Type
9.3.5.1.2 Australia Non-Ferrous Scrap Recycling Market by Application
9.3.5.2 China Non-Ferrous Scrap Recycling Market
9.3.5.2.1 China Non-Ferrous Scrap Recycling Market by Scrap Type
9.3.5.2.2 China Non-Ferrous Scrap Recycling Market by Application
9.3.5.3 India Non-Ferrous Scrap Recycling Market
9.3.5.3.1 India Non-Ferrous Scrap Recycling Market by Scrap Type
9.3.5.3.2 India Non-Ferrous Scrap Recycling Market by Application
9.3.5.4 Japan Non-Ferrous Scrap Recycling Market
9.3.5.4.1 Japan Non-Ferrous Scrap Recycling Market by Scrap Type
9.3.5.4.2 Japan Non-Ferrous Scrap Recycling Market by Application
9.3.5.5 South Korea Non-Ferrous Scrap Recycling Market
9.3.5.5.1 South Korea Non-Ferrous Scrap Recycling Market by Scrap Type
9.3.5.5.2 South Korea Non-Ferrous Scrap Recycling Market by Application
9.3.5.6 Rest of Asia-Pacific Non-Ferrous Scrap Recycling Market
9.3.5.6.1 Rest of Asia-Pacific Non-Ferrous Scrap Recycling Market by Scrap Type
9.3.5.6.2 Rest of Asia-Pacific Non-Ferrous Scrap Recycling Market by Application
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Non-Ferrous Scrap Recycling Market Overview
9.4.2 Middle East and Africa Non-Ferrous Scrap Recycling Market Forecasts and Analysis
9.4.3 Middle East and Africa Non-Ferrous Scrap Recycling Market Forecasts and Analysis - By Scrap Type
9.4.4 Middle East and Africa Non-Ferrous Scrap Recycling Market Forecasts and Analysis - By Application
9.4.5 Middle East and Africa Non-Ferrous Scrap Recycling Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Non-Ferrous Scrap Recycling Market
9.4.5.1.1 South Africa Non-Ferrous Scrap Recycling Market by Scrap Type
9.4.5.1.2 South Africa Non-Ferrous Scrap Recycling Market by Application
9.4.5.2 Saudi Arabia Non-Ferrous Scrap Recycling Market
9.4.5.2.1 Saudi Arabia Non-Ferrous Scrap Recycling Market by Scrap Type
9.4.5.2.2 Saudi Arabia Non-Ferrous Scrap Recycling Market by Application
9.4.5.3 U.A.E Non-Ferrous Scrap Recycling Market
9.4.5.3.1 U.A.E Non-Ferrous Scrap Recycling Market by Scrap Type
9.4.5.3.2 U.A.E Non-Ferrous Scrap Recycling Market by Application
9.4.5.4 Rest of Middle East and Africa Non-Ferrous Scrap Recycling Market
9.4.5.4.1 Rest of Middle East and Africa Non-Ferrous Scrap Recycling Market by Scrap Type
9.4.5.4.2 Rest of Middle East and Africa Non-Ferrous Scrap Recycling Market by Application
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Non-Ferrous Scrap Recycling Market Overview
9.5.2 South and Central America Non-Ferrous Scrap Recycling Market Forecasts and Analysis
9.5.3 South and Central America Non-Ferrous Scrap Recycling Market Forecasts and Analysis - By Scrap Type
9.5.4 South and Central America Non-Ferrous Scrap Recycling Market Forecasts and Analysis - By Application
9.5.5 South and Central America Non-Ferrous Scrap Recycling Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Non-Ferrous Scrap Recycling Market
9.5.5.1.1 Brazil Non-Ferrous Scrap Recycling Market by Scrap Type
9.5.5.1.2 Brazil Non-Ferrous Scrap Recycling Market by Application
9.5.5.2 Argentina Non-Ferrous Scrap Recycling Market
9.5.5.2.1 Argentina Non-Ferrous Scrap Recycling Market by Scrap Type
9.5.5.2.2 Argentina Non-Ferrous Scrap Recycling Market by Application
9.5.5.3 Rest of South and Central America Non-Ferrous Scrap Recycling Market
9.5.5.3.1 Rest of South and Central America Non-Ferrous Scrap Recycling Market by Scrap Type
9.5.5.3.2 Rest of South and Central America Non-Ferrous Scrap Recycling Market by Application
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. NON-FERROUS SCRAP RECYCLING MARKET, KEY COMPANY PROFILES
11.1. AURUBIS AG
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. HAIBAO MACHINERY TECHNOLOGY CO., LTD.
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. HINDALCO INDUSTRIES LIMITED
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. KUUSAKOSKI
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. MATALCO INC
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. OMNISOURCE, LLC
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. REMONDIS SE AND CO. KG
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. SA RECYCLING LLC
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. SIMS METAL MANAGEMENT LTD
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. WISCON ENVIRONMENTAL TECHNOLOGY 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. Aurubis AG
2. Haibao Machinery Technology Co., Ltd.
3. Hindalco Industries Limited
4. Kuusakoski
5. Matalco Inc
6. OmniSource, LLC
7. REMONDIS SE and Co. KG
8. SA Recycling LLC
9. Sims Metal Management Ltd
10. Wiscon Environmental Technology 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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