Truck Landing Gear Market Key Players Analysis and Growth Forecast by 2031

Coverage: Truck Landing Gear Market covers analysis By Lifting Capacity (Less Than 20, 000 lbs, 20000 lbs to 50, 000 lbs, More Than 50, 000 lbs); Operation (Manual, Automatic) , and Geography (North America, Europe, Asia Pacific, and South and Central America)

  • Report Code : TIPRE00016112
  • Category : Automotive and Transportation
  • No. of Pages : 150
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MARKET OVERVIEW

The landing gear is also called the stabilizers. It is the type of equipment used to support the trailer to keep a level when the tractor is removed; it is also used to lift the loaded trailer when required. The significant growth in demand for logistics is the rising demand for the truck and trailer, which positively impacts the truck landing gear market growth. Further, the increasing fleet of trailers coupled with the high volume of international trade also fuels the truck landing gear market growth.

MARKET SCOPE

The -Global Truck Landing Gear Market Analysis to 2031- is a specialized and in-depth study of the truck landing Gear industry with a special focus on the global market trend analysis. The report aims to provide an overview truck landing gear market with detailed market segmentation as lifting capacity, operation, and geography. The report provides key statistics on the market status of the leading truck landing Gear market players and offers key trends and opportunities in the truck landing gear market.

MARKET SEGMENTATION

  •   The global truck landing gear market is segmented on the basis of lifting capacity, operation.
  •   On the basis of lifting capacity the market is segmented as less than 20,000 lbs, 20000 lbs to 50,000 lbs, more than 50,000 lbs.
  •   On the basis of operation the market is segmented as manual, automatic.

MARKET DYNAMICS
Drivers:

  •   The evolution in the transportation industry due to rapid growth in the automotive and agriculture sectors.
  •   The increasing demand for truck landing gear installation in existing trailers and robust demand for oil and milk tankers for oil and milk transportation.

Restraints:

  •   High Initial Cost.

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 truck landing gear 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 truck landing gear market in these regions.

IMPACT OF COVID-19 ON TRUCK LANDING GEAR 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.

World Geography

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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 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 truck landing gear 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 truck landing gear market in these regions.

IMPACT OF COVID-19 ON TRUCK LANDING GEAR 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 truck landing gear 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 Truck landing gear market market are anticipated to lucrative growth opportunities in the future with the rising demand for Truck landing gear market in the global market.

The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the truck landing gear 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.

  •   AXN Heavy Duty
  •   BPW Bergische Achsen KG
  •   Butler Products Corp.
  •   haacon hebetechnik GmbH
  •   JOST-Werke Deutschland GmbH
  •   Power-Packer, Inc.
  •   SAF-HOLLAND SE
  •   SINOTRUK (HOWO) LIMITED
  •   York Transport Equipment (Asia) Pte Ltd.
  •   Zhenjiang Baohua Semi-Trailer Parts Co., Ltd.
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   Truck Landing Gear Market - By Lifting Capacity
1.3.2   Truck Landing Gear Market - By Operation
1.3.3   Truck Landing Gear Market - By Region
1.3.3.1   By Country

2.   KEY TAKEAWAYS

3.   RESEARCH METHODOLOGY

4.   TRUCK LANDING GEAR 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.   TRUCK LANDING GEAR 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.   TRUCK LANDING GEAR MARKET - GLOBAL MARKET ANALYSIS
6.1.   TRUCK LANDING GEAR - GLOBAL MARKET OVERVIEW
6.2.   TRUCK LANDING GEAR - GLOBAL MARKET AND FORECAST TO 2028
6.3.   MARKET POSITIONING

7.   TRUCK LANDING GEAR MARKET - REVENUE AND FORECASTS TO 2028 - LIFTING CAPACITY
7.1.   OVERVIEW
7.2.   LIFTING CAPACITY MARKET FORECASTS AND ANALYSIS
7.3.   LESS THAN 20
7.3.1.   Overview
7.3.2.   Less Than 20 Market Forecast and Analysis
7.4.   000 LBS
7.4.1.   Overview
7.4.2.   000 lbs Market Forecast and Analysis
7.5.   20000 LBS TO 50
7.5.1.   Overview
7.5.2.   20000 lbs to 50 Market Forecast and Analysis
7.6.   000 LBS
7.6.1.   Overview
7.6.2.   000 lbs Market Forecast and Analysis
7.7.   MORE THAN 50
7.7.1.   Overview
7.7.2.   More Than 50 Market Forecast and Analysis
7.8.   000 LBS
7.8.1.   Overview
7.8.2.   000 lbs Market Forecast and Analysis
8.   TRUCK LANDING GEAR MARKET - REVENUE AND FORECASTS TO 2028 - OPERATION
8.1.   OVERVIEW
8.2.   OPERATION MARKET FORECASTS AND ANALYSIS
8.3.   MANUAL
8.3.1.   Overview
8.3.2.   Manual Market Forecast and Analysis
8.4.   AUTOMATIC
8.4.1.   Overview
8.4.2.   Automatic Market Forecast and Analysis

9.   TRUCK LANDING GEAR MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1.   NORTH AMERICA
9.1.1   North America Truck Landing Gear Market Overview
9.1.2   North America Truck Landing Gear Market Forecasts and Analysis
9.1.3   North America Truck Landing Gear Market Forecasts and Analysis - By Lifting Capacity
9.1.4   North America Truck Landing Gear Market Forecasts and Analysis - By Operation
9.1.5   North America Truck Landing Gear Market Forecasts and Analysis - By Countries
9.1.5.1   United States Truck Landing Gear Market
9.1.5.1.1   United States Truck Landing Gear Market by Lifting Capacity
9.1.5.1.2   United States Truck Landing Gear Market by Operation
9.1.5.2   Canada Truck Landing Gear Market
9.1.5.2.1   Canada Truck Landing Gear Market by Lifting Capacity
9.1.5.2.2   Canada Truck Landing Gear Market by Operation
9.1.5.3   Mexico Truck Landing Gear Market
9.1.5.3.1   Mexico Truck Landing Gear Market by Lifting Capacity
9.1.5.3.2   Mexico Truck Landing Gear Market by Operation
9.2.   EUROPE
9.2.1   Europe Truck Landing Gear Market Overview
9.2.2   Europe Truck Landing Gear Market Forecasts and Analysis
9.2.3   Europe Truck Landing Gear Market Forecasts and Analysis - By Lifting Capacity
9.2.4   Europe Truck Landing Gear Market Forecasts and Analysis - By Operation
9.2.5   Europe Truck Landing Gear Market Forecasts and Analysis - By Countries
9.2.5.1   Germany Truck Landing Gear Market
9.2.5.1.1   Germany Truck Landing Gear Market by Lifting Capacity
9.2.5.1.2   Germany Truck Landing Gear Market by Operation
9.2.5.2   France Truck Landing Gear Market
9.2.5.2.1   France Truck Landing Gear Market by Lifting Capacity
9.2.5.2.2   France Truck Landing Gear Market by Operation
9.2.5.3   Italy Truck Landing Gear Market
9.2.5.3.1   Italy Truck Landing Gear Market by Lifting Capacity
9.2.5.3.2   Italy Truck Landing Gear Market by Operation
9.2.5.4   United Kingdom Truck Landing Gear Market
9.2.5.4.1   United Kingdom Truck Landing Gear Market by Lifting Capacity
9.2.5.4.2   United Kingdom Truck Landing Gear Market by Operation
9.2.5.5   Russia Truck Landing Gear Market
9.2.5.5.1   Russia Truck Landing Gear Market by Lifting Capacity
9.2.5.5.2   Russia Truck Landing Gear Market by Operation
9.2.5.6   Rest of Europe Truck Landing Gear Market
9.2.5.6.1   Rest of Europe Truck Landing Gear Market by Lifting Capacity
9.2.5.6.2   Rest of Europe Truck Landing Gear Market by Operation
9.3.   ASIA-PACIFIC
9.3.1   Asia-Pacific Truck Landing Gear Market Overview
9.3.2   Asia-Pacific Truck Landing Gear Market Forecasts and Analysis
9.3.3   Asia-Pacific Truck Landing Gear Market Forecasts and Analysis - By Lifting Capacity
9.3.4   Asia-Pacific Truck Landing Gear Market Forecasts and Analysis - By Operation
9.3.5   Asia-Pacific Truck Landing Gear Market Forecasts and Analysis - By Countries
9.3.5.1   Australia Truck Landing Gear Market
9.3.5.1.1   Australia Truck Landing Gear Market by Lifting Capacity
9.3.5.1.2   Australia Truck Landing Gear Market by Operation
9.3.5.2   China Truck Landing Gear Market
9.3.5.2.1   China Truck Landing Gear Market by Lifting Capacity
9.3.5.2.2   China Truck Landing Gear Market by Operation
9.3.5.3   India Truck Landing Gear Market
9.3.5.3.1   India Truck Landing Gear Market by Lifting Capacity
9.3.5.3.2   India Truck Landing Gear Market by Operation
9.3.5.4   Japan Truck Landing Gear Market
9.3.5.4.1   Japan Truck Landing Gear Market by Lifting Capacity
9.3.5.4.2   Japan Truck Landing Gear Market by Operation
9.3.5.5   South Korea Truck Landing Gear Market
9.3.5.5.1   South Korea Truck Landing Gear Market by Lifting Capacity
9.3.5.5.2   South Korea Truck Landing Gear Market by Operation
9.3.5.6   Rest of Asia-Pacific Truck Landing Gear Market
9.3.5.6.1   Rest of Asia-Pacific Truck Landing Gear Market by Lifting Capacity
9.3.5.6.2   Rest of Asia-Pacific Truck Landing Gear Market by Operation
9.4.   MIDDLE EAST AND AFRICA
9.4.1   Middle East and Africa Truck Landing Gear Market Overview
9.4.2   Middle East and Africa Truck Landing Gear Market Forecasts and Analysis
9.4.3   Middle East and Africa Truck Landing Gear Market Forecasts and Analysis - By Lifting Capacity
9.4.4   Middle East and Africa Truck Landing Gear Market Forecasts and Analysis - By Operation
9.4.5   Middle East and Africa Truck Landing Gear Market Forecasts and Analysis - By Countries
9.4.5.1   South Africa Truck Landing Gear Market
9.4.5.1.1   South Africa Truck Landing Gear Market by Lifting Capacity
9.4.5.1.2   South Africa Truck Landing Gear Market by Operation
9.4.5.2   Saudi Arabia Truck Landing Gear Market
9.4.5.2.1   Saudi Arabia Truck Landing Gear Market by Lifting Capacity
9.4.5.2.2   Saudi Arabia Truck Landing Gear Market by Operation
9.4.5.3   U.A.E Truck Landing Gear Market
9.4.5.3.1   U.A.E Truck Landing Gear Market by Lifting Capacity
9.4.5.3.2   U.A.E Truck Landing Gear Market by Operation
9.4.5.4   Rest of Middle East and Africa Truck Landing Gear Market
9.4.5.4.1   Rest of Middle East and Africa Truck Landing Gear Market by Lifting Capacity
9.4.5.4.2   Rest of Middle East and Africa Truck Landing Gear Market by Operation
9.5.   SOUTH AND CENTRAL AMERICA
9.5.1   South and Central America Truck Landing Gear Market Overview
9.5.2   South and Central America Truck Landing Gear Market Forecasts and Analysis
9.5.3   South and Central America Truck Landing Gear Market Forecasts and Analysis - By Lifting Capacity
9.5.4   South and Central America Truck Landing Gear Market Forecasts and Analysis - By Operation
9.5.5   South and Central America Truck Landing Gear Market Forecasts and Analysis - By Countries
9.5.5.1   Brazil Truck Landing Gear Market
9.5.5.1.1   Brazil Truck Landing Gear Market by Lifting Capacity
9.5.5.1.2   Brazil Truck Landing Gear Market by Operation
9.5.5.2   Argentina Truck Landing Gear Market
9.5.5.2.1   Argentina Truck Landing Gear Market by Lifting Capacity
9.5.5.2.2   Argentina Truck Landing Gear Market by Operation
9.5.5.3   Rest of South and Central America Truck Landing Gear Market
9.5.5.3.1   Rest of South and Central America Truck Landing Gear Market by Lifting Capacity
9.5.5.3.2   Rest of South and Central America Truck Landing Gear Market by Operation

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.   TRUCK LANDING GEAR MARKET, KEY COMPANY PROFILES
11.1.   AXN HEAVY DUTY
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.   BPW BERGISCHE ACHSEN KG
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.   BUTLER PRODUCTS CORP.
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.   HAACON HEBETECHNIK GMBH
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.   JOST-WERKE DEUTSCHLAND GMBH
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.   POWER-PACKER, 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.   SAF-HOLLAND SE
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.   SINOTRUK (HOWO) LIMITED
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.   YORK TRANSPORT EQUIPMENT (ASIA) PTE 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.   ZHENJIANG BAOHUA SEMI-TRAILER PARTS CO., LTD.
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.AXN Heavy Duty
2.BPW Bergische Achsen KG
3.Butler Products Corp.
4.haacon hebetechnik GmbH
5.JOST-Werke Deutschland GmbH
6.Power-Packer, Inc.
7.SAF-HOLLAND SE
8.SINOTRUK (HOWO) LIMITED
9.York Transport Equipment (Asia) Pte Ltd.
10.Zhenjiang Baohua Semi-Trailer Parts Co., Ltd.

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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