An abrasive blasting nozzle is used to control the direction and characteristics of fluid flow in the sand blasting machine. The rising demand for abrasive blasting machines across various industries is one of the major driving factors for the abrasive blasting nozzle market growth. Further, the need to select an appropriate nozzle to achieve the desired results efficiently and effectively is also contributing to the abrasive blasting nozzle market growth.
MARKET DYNAMICS
Abrasive blasting is critical in several applications, such as surface preparation, restoration, removing rust and paint from metal. Hence, these abrasive blasting nozzles are available in various configurations and lengths and are designed to cater to various requirements. Abrasive blasting nozzles is a critical part of sand blasting machines, which accelerate the demand for abrasive blasting nozzle market. Moreover, several manufacturers are introducing innovative design for optimizing the performance and the productivity of blasting nozzles. Such a factor is also influencing the growth of the abrasive blasting nozzle market. The wide range of application of the sand blasting machine is automotive, construction, marine, and others are expected to boom the growth of the abrasive blasting nozzle market over the forecast period.
MARKET SCOPE
The "Global Abrasive Blasting Nozzle Market Analysis to 2031" is a specialized and in-depth study of the abrasive blasting nozzle industry with a special focus on the global market trend analysis. The report aims to provide an overview abrasive blasting nozzle market with detailed market segmentation as of type, material, bore size, end-user, and geography. The global abrasive blasting nozzle market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading abrasive blasting nozzle market players and offers key trends and opportunities in the abrasive blasting nozzle market.
MARKET SEGMENTATION
The global abrasive blasting nozzle market is segmented on the basis of type, material, bore size, end-user. On the basis of type the market is segmented as venturi nozzle, straight bore nozzle, wide throat nozzle, others. On the basis of material the market is segmented as steel tips, ceramic tips, carbide tips. On the basis of bore size the market is segmented as 5/16 inch, 3/8 inch, 7/16 inch, others. On the basis of end-user the market is segmented as automotive, construction, marine, others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global abrasive blasting nozzle market based on various segments. It also provides market size and forecast estimates from year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The abrasive blasting nozzle market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
`The report analyzes factors affecting abrasive blasting nozzle market from both demand and supply side and further evaluates market dynamics effecting 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 America after evaluating political, economic, social and technological factors effecting the abrasive blasting nozzle 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 overview and forecast of the global abrasive blasting nozzle market based on various segments. It also provides market size and forecast estimates from year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The abrasive blasting nozzle market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
`The report analyzes factors affecting abrasive blasting nozzle market from both demand and supply side and further evaluates market dynamics effecting 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 America after evaluating political, economic, social and technological factors effecting the abrasive blasting nozzle market in these regions.
MARKET PLAYERS
The reports cover key developments in the abrasive blasting nozzle 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 expansion of business and customer base of market players. The market players from abrasive blasting nozzle market are anticipated to lucrative growth opportunities in the future with the rising demand for abrasive blasting nozzle in the global market. Below mentioned is the list of few companies engaged in the abrasive blasting nozzle market.
The report also includes the profiles of key abrasive blasting nozzle companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
- Airblast B.V.
- BlastOne International
- Burwell Technologies
- Clemco Industries Corp.
- Elcometer Limited
- Everblast Inc.
- Kennametal Inc.
- Manus Abrasive Systems Inc.
- NLB Corporation
- Sponge-Jet 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
1.3.1Abrasive Blasting Nozzle Market - By Type
1.3.2Abrasive Blasting Nozzle Market - By Material
1.3.3Abrasive Blasting Nozzle Market - By Bore Size
1.3.4Abrasive Blasting Nozzle Market - By End-user
1.3.5Abrasive Blasting Nozzle Market - By Region
1.3.5.1By Country
2.KEY TAKEAWAYS
3.RESEARCH METHODOLOGY
4.ABRASIVE BLASTING NOZZLE MARKET LANDSCAPE
4.1.OVERVIEW
4.2.PEST ANALYSIS
4.2.1North America - Pest Analysis
4.2.2Europe - Pest Analysis
4.2.3Asia-Pacific - Pest Analysis
4.2.4Middle East and Africa - Pest Analysis
4.2.5South and Central America - Pest Analysis
4.3.ECOSYSTEM ANALYSIS
4.4.EXPERT OPINIONS
5.ABRASIVE BLASTING NOZZLE 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.ABRASIVE BLASTING NOZZLE MARKET - GLOBAL MARKET ANALYSIS
6.1.ABRASIVE BLASTING NOZZLE - GLOBAL MARKET OVERVIEW
6.2.ABRASIVE BLASTING NOZZLE - GLOBAL MARKET AND FORECAST TO 2028
6.3.MARKET POSITIONING/MARKET SHARE
7.ABRASIVE BLASTING NOZZLE MARKET - REVENUE AND FORECASTS TO 2028 - TYPE
7.1.OVERVIEW
7.2.TYPE MARKET FORECASTS AND ANALYSIS
7.3.VENTURI NOZZLE
7.3.1.Overview
7.3.2.Venturi Nozzle Market Forecast and Analysis
7.4.STRAIGHT BORE NOZZLE
7.4.1.Overview
7.4.2.Straight Bore Nozzle Market Forecast and Analysis
7.5.WIDE THROAT NOZZLE
7.5.1.Overview
7.5.2.Wide Throat Nozzle Market Forecast and Analysis
7.6.OTHERS
7.6.1.Overview
7.6.2.Others Market Forecast and Analysis
8.ABRASIVE BLASTING NOZZLE MARKET - REVENUE AND FORECASTS TO 2028 - MATERIAL
8.1.OVERVIEW
8.2.MATERIAL MARKET FORECASTS AND ANALYSIS
8.3.STEEL TIPS
8.3.1.Overview
8.3.2.Steel Tips Market Forecast and Analysis
8.4.CERAMIC TIPS
8.4.1.Overview
8.4.2.Ceramic Tips Market Forecast and Analysis
8.5.CARBIDE TIPS
8.5.1.Overview
8.5.2.Carbide Tips Market Forecast and Analysis
9.ABRASIVE BLASTING NOZZLE MARKET - REVENUE AND FORECASTS TO 2028 - BORE SIZE
9.1.OVERVIEW
9.2.BORE SIZE MARKET FORECASTS AND ANALYSIS
9.3.5/16 INCH
9.3.1.Overview
9.3.2.5/16 Inch Market Forecast and Analysis
9.4.3/8 INCH
9.4.1.Overview
9.4.2.3/8 Inch Market Forecast and Analysis
9.5.7/16 INCH
9.5.1.Overview
9.5.2.7/16 Inch Market Forecast and Analysis
9.6.OTHERS
9.6.1.Overview
9.6.2.Others Market Forecast and Analysis
10.ABRASIVE BLASTING NOZZLE MARKET - REVENUE AND FORECASTS TO 2028 - END-USER
10.1.OVERVIEW
10.2.END-USER MARKET FORECASTS AND ANALYSIS
10.3.AUTOMOTIVE
10.3.1.Overview
10.3.2.Automotive Market Forecast and Analysis
10.4.CONSTRUCTION
10.4.1.Overview
10.4.2.Construction Market Forecast and Analysis
10.5.MARINE
10.5.1.Overview
10.5.2.Marine Market Forecast and Analysis
10.6.OTHERS
10.6.1.Overview
10.6.2.Others Market Forecast and Analysis
11.ABRASIVE BLASTING NOZZLE MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
11.1.NORTH AMERICA
11.1.1North America Abrasive Blasting Nozzle Market Overview
11.1.2North America Abrasive Blasting Nozzle Market Forecasts and Analysis
11.1.3North America Abrasive Blasting Nozzle Market Forecasts and Analysis - By Type
11.1.4North America Abrasive Blasting Nozzle Market Forecasts and Analysis - By Material
11.1.5North America Abrasive Blasting Nozzle Market Forecasts and Analysis - By Bore Size
11.1.6North America Abrasive Blasting Nozzle Market Forecasts and Analysis - By End-user
11.1.7North America Abrasive Blasting Nozzle Market Forecasts and Analysis - By Countries
11.1.7.1United States Abrasive Blasting Nozzle Market
11.1.7.1.1United States Abrasive Blasting Nozzle Market by Type
11.1.7.1.2United States Abrasive Blasting Nozzle Market by Material
11.1.7.1.3United States Abrasive Blasting Nozzle Market by Bore Size
11.1.7.1.4United States Abrasive Blasting Nozzle Market by End-user
11.1.7.2Canada Abrasive Blasting Nozzle Market
11.1.7.2.1Canada Abrasive Blasting Nozzle Market by Type
11.1.7.2.2Canada Abrasive Blasting Nozzle Market by Material
11.1.7.2.3Canada Abrasive Blasting Nozzle Market by Bore Size
11.1.7.2.4Canada Abrasive Blasting Nozzle Market by End-user
11.1.7.3Mexico Abrasive Blasting Nozzle Market
11.1.7.3.1Mexico Abrasive Blasting Nozzle Market by Type
11.1.7.3.2Mexico Abrasive Blasting Nozzle Market by Material
11.1.7.3.3Mexico Abrasive Blasting Nozzle Market by Bore Size
11.1.7.3.4Mexico Abrasive Blasting Nozzle Market by End-user
11.2.EUROPE
11.2.1Europe Abrasive Blasting Nozzle Market Overview
11.2.2Europe Abrasive Blasting Nozzle Market Forecasts and Analysis
11.2.3Europe Abrasive Blasting Nozzle Market Forecasts and Analysis - By Type
11.2.4Europe Abrasive Blasting Nozzle Market Forecasts and Analysis - By Material
11.2.5Europe Abrasive Blasting Nozzle Market Forecasts and Analysis - By Bore Size
11.2.6Europe Abrasive Blasting Nozzle Market Forecasts and Analysis - By End-user
11.2.7Europe Abrasive Blasting Nozzle Market Forecasts and Analysis - By Countries
11.2.7.1Germany Abrasive Blasting Nozzle Market
11.2.7.1.1Germany Abrasive Blasting Nozzle Market by Type
11.2.7.1.2Germany Abrasive Blasting Nozzle Market by Material
11.2.7.1.3Germany Abrasive Blasting Nozzle Market by Bore Size
11.2.7.1.4Germany Abrasive Blasting Nozzle Market by End-user
11.2.7.2France Abrasive Blasting Nozzle Market
11.2.7.2.1France Abrasive Blasting Nozzle Market by Type
11.2.7.2.2France Abrasive Blasting Nozzle Market by Material
11.2.7.2.3France Abrasive Blasting Nozzle Market by Bore Size
11.2.7.2.4France Abrasive Blasting Nozzle Market by End-user
11.2.7.3Italy Abrasive Blasting Nozzle Market
11.2.7.3.1Italy Abrasive Blasting Nozzle Market by Type
11.2.7.3.2Italy Abrasive Blasting Nozzle Market by Material
11.2.7.3.3Italy Abrasive Blasting Nozzle Market by Bore Size
11.2.7.3.4Italy Abrasive Blasting Nozzle Market by End-user
11.2.7.4United Kingdom Abrasive Blasting Nozzle Market
11.2.7.4.1United Kingdom Abrasive Blasting Nozzle Market by Type
11.2.7.4.2United Kingdom Abrasive Blasting Nozzle Market by Material
11.2.7.4.3United Kingdom Abrasive Blasting Nozzle Market by Bore Size
11.2.7.4.4United Kingdom Abrasive Blasting Nozzle Market by End-user
11.2.7.5Russia Abrasive Blasting Nozzle Market
11.2.7.5.1Russia Abrasive Blasting Nozzle Market by Type
11.2.7.5.2Russia Abrasive Blasting Nozzle Market by Material
11.2.7.5.3Russia Abrasive Blasting Nozzle Market by Bore Size
11.2.7.5.4Russia Abrasive Blasting Nozzle Market by End-user
11.2.7.6Rest of Europe Abrasive Blasting Nozzle Market
11.2.7.6.1Rest of Europe Abrasive Blasting Nozzle Market by Type
11.2.7.6.2Rest of Europe Abrasive Blasting Nozzle Market by Material
11.2.7.6.3Rest of Europe Abrasive Blasting Nozzle Market by Bore Size
11.2.7.6.4Rest of Europe Abrasive Blasting Nozzle Market by End-user
11.3.ASIA-PACIFIC
11.3.1Asia-Pacific Abrasive Blasting Nozzle Market Overview
11.3.2Asia-Pacific Abrasive Blasting Nozzle Market Forecasts and Analysis
11.3.3Asia-Pacific Abrasive Blasting Nozzle Market Forecasts and Analysis - By Type
11.3.4Asia-Pacific Abrasive Blasting Nozzle Market Forecasts and Analysis - By Material
11.3.5Asia-Pacific Abrasive Blasting Nozzle Market Forecasts and Analysis - By Bore Size
11.3.6Asia-Pacific Abrasive Blasting Nozzle Market Forecasts and Analysis - By End-user
11.3.7Asia-Pacific Abrasive Blasting Nozzle Market Forecasts and Analysis - By Countries
11.3.7.1Australia Abrasive Blasting Nozzle Market
11.3.7.1.1Australia Abrasive Blasting Nozzle Market by Type
11.3.7.1.2Australia Abrasive Blasting Nozzle Market by Material
11.3.7.1.3Australia Abrasive Blasting Nozzle Market by Bore Size
11.3.7.1.4Australia Abrasive Blasting Nozzle Market by End-user
11.3.7.2China Abrasive Blasting Nozzle Market
11.3.7.2.1China Abrasive Blasting Nozzle Market by Type
11.3.7.2.2China Abrasive Blasting Nozzle Market by Material
11.3.7.2.3China Abrasive Blasting Nozzle Market by Bore Size
11.3.7.2.4China Abrasive Blasting Nozzle Market by End-user
11.3.7.3India Abrasive Blasting Nozzle Market
11.3.7.3.1India Abrasive Blasting Nozzle Market by Type
11.3.7.3.2India Abrasive Blasting Nozzle Market by Material
11.3.7.3.3India Abrasive Blasting Nozzle Market by Bore Size
11.3.7.3.4India Abrasive Blasting Nozzle Market by End-user
11.3.7.4Japan Abrasive Blasting Nozzle Market
11.3.7.4.1Japan Abrasive Blasting Nozzle Market by Type
11.3.7.4.2Japan Abrasive Blasting Nozzle Market by Material
11.3.7.4.3Japan Abrasive Blasting Nozzle Market by Bore Size
11.3.7.4.4Japan Abrasive Blasting Nozzle Market by End-user
11.3.7.5South Korea Abrasive Blasting Nozzle Market
11.3.7.5.1South Korea Abrasive Blasting Nozzle Market by Type
11.3.7.5.2South Korea Abrasive Blasting Nozzle Market by Material
11.3.7.5.3South Korea Abrasive Blasting Nozzle Market by Bore Size
11.3.7.5.4South Korea Abrasive Blasting Nozzle Market by End-user
11.3.7.6Rest of Asia-Pacific Abrasive Blasting Nozzle Market
11.3.7.6.1Rest of Asia-Pacific Abrasive Blasting Nozzle Market by Type
11.3.7.6.2Rest of Asia-Pacific Abrasive Blasting Nozzle Market by Material
11.3.7.6.3Rest of Asia-Pacific Abrasive Blasting Nozzle Market by Bore Size
11.3.7.6.4Rest of Asia-Pacific Abrasive Blasting Nozzle Market by End-user
11.4.MIDDLE EAST AND AFRICA
11.4.1Middle East and Africa Abrasive Blasting Nozzle Market Overview
11.4.2Middle East and Africa Abrasive Blasting Nozzle Market Forecasts and Analysis
11.4.3Middle East and Africa Abrasive Blasting Nozzle Market Forecasts and Analysis - By Type
11.4.4Middle East and Africa Abrasive Blasting Nozzle Market Forecasts and Analysis - By Material
11.4.5Middle East and Africa Abrasive Blasting Nozzle Market Forecasts and Analysis - By Bore Size
11.4.6Middle East and Africa Abrasive Blasting Nozzle Market Forecasts and Analysis - By End-user
11.4.7Middle East and Africa Abrasive Blasting Nozzle Market Forecasts and Analysis - By Countries
11.4.7.1South Africa Abrasive Blasting Nozzle Market
11.4.7.1.1South Africa Abrasive Blasting Nozzle Market by Type
11.4.7.1.2South Africa Abrasive Blasting Nozzle Market by Material
11.4.7.1.3South Africa Abrasive Blasting Nozzle Market by Bore Size
11.4.7.1.4South Africa Abrasive Blasting Nozzle Market by End-user
11.4.7.2Saudi Arabia Abrasive Blasting Nozzle Market
11.4.7.2.1Saudi Arabia Abrasive Blasting Nozzle Market by Type
11.4.7.2.2Saudi Arabia Abrasive Blasting Nozzle Market by Material
11.4.7.2.3Saudi Arabia Abrasive Blasting Nozzle Market by Bore Size
11.4.7.2.4Saudi Arabia Abrasive Blasting Nozzle Market by End-user
11.4.7.3U.A.E Abrasive Blasting Nozzle Market
11.4.7.3.1U.A.E Abrasive Blasting Nozzle Market by Type
11.4.7.3.2U.A.E Abrasive Blasting Nozzle Market by Material
11.4.7.3.3U.A.E Abrasive Blasting Nozzle Market by Bore Size
11.4.7.3.4U.A.E Abrasive Blasting Nozzle Market by End-user
11.4.7.4Rest of Middle East and Africa Abrasive Blasting Nozzle Market
11.4.7.4.1Rest of Middle East and Africa Abrasive Blasting Nozzle Market by Type
11.4.7.4.2Rest of Middle East and Africa Abrasive Blasting Nozzle Market by Material
11.4.7.4.3Rest of Middle East and Africa Abrasive Blasting Nozzle Market by Bore Size
11.4.7.4.4Rest of Middle East and Africa Abrasive Blasting Nozzle Market by End-user
11.5.SOUTH AND CENTRAL AMERICA
11.5.1South and Central America Abrasive Blasting Nozzle Market Overview
11.5.2South and Central America Abrasive Blasting Nozzle Market Forecasts and Analysis
11.5.3South and Central America Abrasive Blasting Nozzle Market Forecasts and Analysis - By Type
11.5.4South and Central America Abrasive Blasting Nozzle Market Forecasts and Analysis - By Material
11.5.5South and Central America Abrasive Blasting Nozzle Market Forecasts and Analysis - By Bore Size
11.5.6South and Central America Abrasive Blasting Nozzle Market Forecasts and Analysis - By End-user
11.5.7South and Central America Abrasive Blasting Nozzle Market Forecasts and Analysis - By Countries
11.5.7.1Brazil Abrasive Blasting Nozzle Market
11.5.7.1.1Brazil Abrasive Blasting Nozzle Market by Type
11.5.7.1.2Brazil Abrasive Blasting Nozzle Market by Material
11.5.7.1.3Brazil Abrasive Blasting Nozzle Market by Bore Size
11.5.7.1.4Brazil Abrasive Blasting Nozzle Market by End-user
11.5.7.2Argentina Abrasive Blasting Nozzle Market
11.5.7.2.1Argentina Abrasive Blasting Nozzle Market by Type
11.5.7.2.2Argentina Abrasive Blasting Nozzle Market by Material
11.5.7.2.3Argentina Abrasive Blasting Nozzle Market by Bore Size
11.5.7.2.4Argentina Abrasive Blasting Nozzle Market by End-user
11.5.7.3Rest of South and Central America Abrasive Blasting Nozzle Market
11.5.7.3.1Rest of South and Central America Abrasive Blasting Nozzle Market by Type
11.5.7.3.2Rest of South and Central America Abrasive Blasting Nozzle Market by Material
11.5.7.3.3Rest of South and Central America Abrasive Blasting Nozzle Market by Bore Size
11.5.7.3.4Rest of South and Central America Abrasive Blasting Nozzle Market by End-user
12.INDUSTRY LANDSCAPE
12.1.MERGERS AND ACQUISITIONS
12.2.AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
12.3.NEW PRODUCT LAUNCHES
12.4.EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
13.ABRASIVE BLASTING NOZZLE MARKET, KEY COMPANY PROFILES
13.1.AIRBLAST B.V.
13.1.1.Key Facts
13.1.2.Business Description
13.1.3.Products and Services
13.1.4.Financial Overview
13.1.5.SWOT Analysis
13.1.6.Key Developments
13.2.BLASTONE INTERNATIONAL
13.2.1.Key Facts
13.2.2.Business Description
13.2.3.Products and Services
13.2.4.Financial Overview
13.2.5.SWOT Analysis
13.2.6.Key Developments
13.3.BURWELL TECHNOLOGIES
13.3.1.Key Facts
13.3.2.Business Description
13.3.3.Products and Services
13.3.4.Financial Overview
13.3.5.SWOT Analysis
13.3.6.Key Developments
13.4.CLEMCO INDUSTRIES CORP.
13.4.1.Key Facts
13.4.2.Business Description
13.4.3.Products and Services
13.4.4.Financial Overview
13.4.5.SWOT Analysis
13.4.6.Key Developments
13.5.ELCOMETER LIMITED
13.5.1.Key Facts
13.5.2.Business Description
13.5.3.Products and Services
13.5.4.Financial Overview
13.5.5.SWOT Analysis
13.5.6.Key Developments
13.6.EVERBLAST INC.
13.6.1.Key Facts
13.6.2.Business Description
13.6.3.Products and Services
13.6.4.Financial Overview
13.6.5.SWOT Analysis
13.6.6.Key Developments
13.7.KENNAMETAL INC.
13.7.1.Key Facts
13.7.2.Business Description
13.7.3.Products and Services
13.7.4.Financial Overview
13.7.5.SWOT Analysis
13.7.6.Key Developments
13.8.MANUS ABRASIVE SYSTEMS INC.
13.8.1.Key Facts
13.8.2.Business Description
13.8.3.Products and Services
13.8.4.Financial Overview
13.8.5.SWOT Analysis
13.8.6.Key Developments
13.9.NLB CORPORATION
13.9.1.Key Facts
13.9.2.Business Description
13.9.3.Products and Services
13.9.4.Financial Overview
13.9.5.SWOT Analysis
13.9.6.Key Developments
13.10.SPONGE-JET INC.
13.10.1.Key Facts
13.10.2.Business Description
13.10.3.Products and Services
13.10.4.Financial Overview
13.10.5.SWOT Analysis
13.10.6.Key Developments
14.APPENDIX
14.1.ABOUT THE INSIGHT PARTNERS
14.2.GLOSSARY OF TERMS
1. Airblast B.V.
2. BlastOne International
3. Burwell Technologies
4. Clemco Industries Corp.
5. Elcometer Limited
6. Everblast Inc.
7. Kennametal Inc.
8. Manus Abrasive Systems Inc.
9. NLB Corporation
10. Sponge-Jet 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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