Programmable Multi-axis Motion Controller Market Size, Share, Growth, Trends, and Forecast by 2031

Coverage: Programmable Multi-axis Motion Controller Market covers analysis by Type (Standalone Multi-Axis Motion Controller, Bus-type Multi-Axis Motion Controller); Application (Machine tools, Semiconductor equipment, Packaging and labeling machinery, Material handling equipment, Others) , and Geography (North America, Europe, Asia Pacific, and South and Central America)

  • Report Code : TIPRE00011820
  • Category : Electronics and Semiconductor
  • No. of Pages : 150
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MARKET INTRODUCTION

The Programmable Multi-axis Motion Controller is used with programmable codes to control the speed and position of the machines. It's implemented with the help of analog and digital computers in the motion control system. The emergence of digital multi-axis controllers will continue to be one of the critical programmable market trends for multi-axis motion controllers until the end of 2031. With the ongoing advances in the design of industrial machinery, there is a steady demand for tools with enhanced accuracy and efficiency for repeatable industrial tasks. Digital motion controls are compatible with conventional axis positioning and serve as a modern axis control solution for computer and system operations.

MARKET DYNAMICS

The growing adoption of EtherCAT (Ethernet for Control Automation Technology) and other digital bases acts as a key market driver for programmable multi-axis motion controllers. EtherCAT uses a specific method that handles the data directly during the passage through the system. In addition to allowing flexibility in topology and providing real-time data, this process increases the operating speed of this technology in comparison to other protocols. Digital buses such as EtherCAT and CANopen provide features such as the onboard storage of basic motion programs. Thus, driving the programmable multi-axis motion controller market during the forecast period.

MARKET SCOPE

The "Global Programmable Multi-Axis Motion Controller Market Analysis To 2031" is a specialized and in-depth study of the electronics and semiconductor industry with a special focus on the global market trend analysis. The programmable multi-axis motion controller market report aims to provide an overview of the programmable multi-axis motion controller market with detailed market segmentation by type, application, and geography. The global programmable multi-axis motion controller market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading programmable multi-axis motion controller market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

The global programmable multi-axis motion controller market is segmented on the basis of type and application. On the basis of type, the market is segmented into standalone multi-axis motion controller and bus-type multi-axis motion controller. Based on application, the programmable multi-axis motion controller market is segmented into machine tools, semiconductor equipment, packaging and labeling machinery, material handling equipment, and others.

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 programmable multi-axis motion controller 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), Middle East and Africa (MEA) and South & Central America. The programmable multi-axis motion controller 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 programmable multi-axis motion controller market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South& Central America after evaluating political, economic, social and technological factors affecting the programmable multi-axis motion controller market in these regions.

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MARKET PLAYERS


The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global programmable multi-axis motion controller 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), Middle East and Africa (MEA) and South & Central America. The programmable multi-axis motion controller 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 programmable multi-axis motion controller market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South& Central America after evaluating political, economic, social and technological factors affecting the programmable multi-axis motion controller market in these regions.

MARKET PLAYERS

The reports cover key developments in the programmable multi-axis motion controller market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market players from programmable multi-axis motion controller market are anticipated to lucrative growth opportunities in the future with the rising demand for filter products in the global market. Below mentioned is the list of few companies engaged in the programmable multi-axis motion controller market.

The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the programmable multi-axis motion controller 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.

  •   ABB
  •   ACS Motion Control Ltd.
  •   Aerotech Inc.
  •   Galil
  •   Mitsubishi Electric Corporation
  •   OMRON Corporation
  •   Parker Hannifin Corporation
  •   Rockwell Automation, Inc.
  •   SANYO DENKI CO., LTD.
  •   Schneider Electric SE


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
Report Coverage

Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends

Segment Covered
Segment Covered

This text is related
to segments covered.

Regional Scope
Regional Scope

North America, Europe, Asia Pacific, Middle East & Africa, South & Central America

Country Scope
Country Scope

This text is related
to country scope.

TABLE OF CONTENTS

1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Programmable Multi-axis Motion Controller - By Type
1.3.2 Programmable Multi-axis Motion Controller - By Application
1.3.3 Programmable Multi-axis Motion Controller - By Region
1.3.3.1 By Country

2. KEY TAKEAWAYS

3. RESEARCH METHODOLOGY

4. PROGRAMMABLE MULTI-AXIS MOTION CONTROLLER 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. PROGRAMMABLE MULTI-AXIS MOTION CONTROLLER - 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. PROGRAMMABLE MULTI-AXIS MOTION CONTROLLER - GLOBAL MARKET ANALYSIS
6.1. PROGRAMMABLE MULTI-AXIS MOTION CONTROLLER - GLOBAL MARKET OVERVIEW
6.2. PROGRAMMABLE MULTI-AXIS MOTION CONTROLLER - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE

7. PROGRAMMABLE MULTI-AXIS MOTION CONTROLLER - REVENUE AND FORECASTS TO 2028 – TYPE
7.1. OVERVIEW
7.2. TYPE MARKET FORECASTS AND ANALYSIS
7.3. STANDALONE MULTI-AXIS MOTION CONTROLLER
7.3.1. Overview
7.3.2. Standalone Multi-Axis Motion Controller Market Forecast and Analysis
7.4. BUS-TYPE MULTI-AXIS MOTION CONTROLLER
7.4.1. Overview
7.4.2. Bus-type Multi-Axis Motion Controller Market Forecast and Analysis
8. PROGRAMMABLE MULTI-AXIS MOTION CONTROLLER - REVENUE AND FORECASTS TO 2028 – APPLICATION
8.1. OVERVIEW
8.2. APPLICATION MARKET FORECASTS AND ANALYSIS
8.3. MACHINE TOOLS
8.3.1. Overview
8.3.2. Machine tools Market Forecast and Analysis
8.4. SEMICONDUCTOR EQUIPMENT
8.4.1. Overview
8.4.2. Semiconductor equipment Market Forecast and Analysis
8.5. PACKAGING AND LABELING MACHINERY
8.5.1. Overview
8.5.2. Packaging and labeling machinery Market Forecast and Analysis
8.6. MATERIAL HANDLING EQUIPMENT
8.6.1. Overview
8.6.2. Material handling equipment Market Forecast and Analysis
8.7. OTHERS
8.7.1. Overview
8.7.2. Others Market Forecast and Analysis

9. PROGRAMMABLE MULTI-AXIS MOTION CONTROLLER REVENUE AND FORECASTS TO 2028 – GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Programmable Multi-axis Motion Controller Overview
9.1.2 North America Programmable Multi-axis Motion Controller Forecasts and Analysis
9.1.3 North America Programmable Multi-axis Motion Controller Forecasts and Analysis - By Type
9.1.4 North America Programmable Multi-axis Motion Controller Forecasts and Analysis - By Application
9.1.5 North America Programmable Multi-axis Motion Controller Forecasts and Analysis - By Countries
9.1.5.1 United States Programmable Multi-axis Motion Controller
9.1.5.1.1 United States Programmable Multi-axis Motion Controller by Type
9.1.5.1.2 United States Programmable Multi-axis Motion Controller by Application
9.1.5.2 Canada Programmable Multi-axis Motion Controller
9.1.5.2.1 Canada Programmable Multi-axis Motion Controller by Type
9.1.5.2.2 Canada Programmable Multi-axis Motion Controller by Application
9.1.5.3 Mexico Programmable Multi-axis Motion Controller
9.1.5.3.1 Mexico Programmable Multi-axis Motion Controller by Type
9.1.5.3.2 Mexico Programmable Multi-axis Motion Controller by Application
9.2. EUROPE
9.2.1 Europe Programmable Multi-axis Motion Controller Overview
9.2.2 Europe Programmable Multi-axis Motion Controller Forecasts and Analysis
9.2.3 Europe Programmable Multi-axis Motion Controller Forecasts and Analysis - By Type
9.2.4 Europe Programmable Multi-axis Motion Controller Forecasts and Analysis - By Application
9.2.5 Europe Programmable Multi-axis Motion Controller Forecasts and Analysis - By Countries
9.2.5.1 Germany Programmable Multi-axis Motion Controller
9.2.5.1.1 Germany Programmable Multi-axis Motion Controller by Type
9.2.5.1.2 Germany Programmable Multi-axis Motion Controller by Application
9.2.5.2 France Programmable Multi-axis Motion Controller
9.2.5.2.1 France Programmable Multi-axis Motion Controller by Type
9.2.5.2.2 France Programmable Multi-axis Motion Controller by Application
9.2.5.3 Italy Programmable Multi-axis Motion Controller
9.2.5.3.1 Italy Programmable Multi-axis Motion Controller by Type
9.2.5.3.2 Italy Programmable Multi-axis Motion Controller by Application
9.2.5.4 United Kingdom Programmable Multi-axis Motion Controller
9.2.5.4.1 United Kingdom Programmable Multi-axis Motion Controller by Type
9.2.5.4.2 United Kingdom Programmable Multi-axis Motion Controller by Application
9.2.5.5 Russia Programmable Multi-axis Motion Controller
9.2.5.5.1 Russia Programmable Multi-axis Motion Controller by Type
9.2.5.5.2 Russia Programmable Multi-axis Motion Controller by Application
9.2.5.6 Rest of Europe Programmable Multi-axis Motion Controller
9.2.5.6.1 Rest of Europe Programmable Multi-axis Motion Controller by Type
9.2.5.6.2 Rest of Europe Programmable Multi-axis Motion Controller by Application
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Programmable Multi-axis Motion Controller Overview
9.3.2 Asia-Pacific Programmable Multi-axis Motion Controller Forecasts and Analysis
9.3.3 Asia-Pacific Programmable Multi-axis Motion Controller Forecasts and Analysis - By Type
9.3.4 Asia-Pacific Programmable Multi-axis Motion Controller Forecasts and Analysis - By Application
9.3.5 Asia-Pacific Programmable Multi-axis Motion Controller Forecasts and Analysis - By Countries
9.3.5.1 Australia Programmable Multi-axis Motion Controller
9.3.5.1.1 Australia Programmable Multi-axis Motion Controller by Type
9.3.5.1.2 Australia Programmable Multi-axis Motion Controller by Application
9.3.5.2 China Programmable Multi-axis Motion Controller
9.3.5.2.1 China Programmable Multi-axis Motion Controller by Type
9.3.5.2.2 China Programmable Multi-axis Motion Controller by Application
9.3.5.3 India Programmable Multi-axis Motion Controller
9.3.5.3.1 India Programmable Multi-axis Motion Controller by Type
9.3.5.3.2 India Programmable Multi-axis Motion Controller by Application
9.3.5.4 Japan Programmable Multi-axis Motion Controller
9.3.5.4.1 Japan Programmable Multi-axis Motion Controller by Type
9.3.5.4.2 Japan Programmable Multi-axis Motion Controller by Application
9.3.5.5 South Korea Programmable Multi-axis Motion Controller
9.3.5.5.1 South Korea Programmable Multi-axis Motion Controller by Type
9.3.5.5.2 South Korea Programmable Multi-axis Motion Controller by Application
9.3.5.6 Rest of Asia-Pacific Programmable Multi-axis Motion Controller
9.3.5.6.1 Rest of Asia-Pacific Programmable Multi-axis Motion Controller by Type
9.3.5.6.2 Rest of Asia-Pacific Programmable Multi-axis Motion Controller by Application
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Programmable Multi-axis Motion Controller Overview
9.4.2 Middle East and Africa Programmable Multi-axis Motion Controller Forecasts and Analysis
9.4.3 Middle East and Africa Programmable Multi-axis Motion Controller Forecasts and Analysis - By Type
9.4.4 Middle East and Africa Programmable Multi-axis Motion Controller Forecasts and Analysis - By Application
9.4.5 Middle East and Africa Programmable Multi-axis Motion Controller Forecasts and Analysis - By Countries
9.4.5.1 South Africa Programmable Multi-axis Motion Controller
9.4.5.1.1 South Africa Programmable Multi-axis Motion Controller by Type
9.4.5.1.2 South Africa Programmable Multi-axis Motion Controller by Application
9.4.5.2 Saudi Arabia Programmable Multi-axis Motion Controller
9.4.5.2.1 Saudi Arabia Programmable Multi-axis Motion Controller by Type
9.4.5.2.2 Saudi Arabia Programmable Multi-axis Motion Controller by Application
9.4.5.3 U.A.E Programmable Multi-axis Motion Controller
9.4.5.3.1 U.A.E Programmable Multi-axis Motion Controller by Type
9.4.5.3.2 U.A.E Programmable Multi-axis Motion Controller by Application
9.4.5.4 Rest of Middle East and Africa Programmable Multi-axis Motion Controller
9.4.5.4.1 Rest of Middle East and Africa Programmable Multi-axis Motion Controller by Type
9.4.5.4.2 Rest of Middle East and Africa Programmable Multi-axis Motion Controller by Application
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Programmable Multi-axis Motion Controller Overview
9.5.2 South and Central America Programmable Multi-axis Motion Controller Forecasts and Analysis
9.5.3 South and Central America Programmable Multi-axis Motion Controller Forecasts and Analysis - By Type
9.5.4 South and Central America Programmable Multi-axis Motion Controller Forecasts and Analysis - By Application
9.5.5 South and Central America Programmable Multi-axis Motion Controller Forecasts and Analysis - By Countries
9.5.5.1 Brazil Programmable Multi-axis Motion Controller
9.5.5.1.1 Brazil Programmable Multi-axis Motion Controller by Type
9.5.5.1.2 Brazil Programmable Multi-axis Motion Controller by Application
9.5.5.2 Argentina Programmable Multi-axis Motion Controller
9.5.5.2.1 Argentina Programmable Multi-axis Motion Controller by Type
9.5.5.2.2 Argentina Programmable Multi-axis Motion Controller by Application
9.5.5.3 Rest of South and Central America Programmable Multi-axis Motion Controller
9.5.5.3.1 Rest of South and Central America Programmable Multi-axis Motion Controller by Type
9.5.5.3.2 Rest of South and Central America Programmable Multi-axis Motion Controller 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. PROGRAMMABLE MULTI-AXIS MOTION CONTROLLER , KEY COMPANY PROFILES
11.1. ABB
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. ACS MOTION CONTROL 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. AEROTECH 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. GALIL
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 ELECTRIC CORPORATION
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. OMRON CORPORATION
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. PARKER HANNIFIN CORPORATION
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. ROCKWELL AUTOMATION, INC.
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. SANYO DENKI CO., 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. SCHNEIDER ELECTRIC SE
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
The List of Companies

1. ABB
2. ACS Motion Control Ltd.
3. Aerotech Inc.
4. Galil
5. Mitsubishi Electric Corporation
6. OMRON Corporation
7. Parker Hannifin Corporation
8. Rockwell Automation, Inc.
9. SANYO DENKI CO., LTD.
10. Schneider Electric SE

The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.

  1. 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.

  1. 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:

Research Methodology

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.

  1. 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.

  1. 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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