An assembly automation system uses automated devices for producing goods and performing different functions in an assembly line. The basic functionality of assembly automation is an organized approach to collecting goods, which is partially automated and partially controlled by humans. Some of the benefits of the assembly process from a conventional automation system are the consistency of input and output, labor savings, ability to handle multiple tasks to meet requirements of a manufacturing process, better reliability, and profitability through higher production rate.
MARKET DYNAMICS
The increase in demand for plant automation in order to attain superior equipment efficiency, improved process accuracy, and output are some of the significant actors driving the growth of the assembly automation market. However, high initial cost, the increasing complexity of industrial automation systems, and lack of skilled labor are some of the major factors which may restrain the growth of the assembly automation market. Nevertheless, ongoing digitalization trend and rapid growth in the electronics and semiconductors manufacturing industry are anticipated to boost the growth of the assembly automation market.
MARKET SCOPE
The "Global Assembly Automation Market Analysis to 2031” is a specialized and in-depth study of the assembly automation market with a special focus on the global market trend analysis. The report aims to provide an overview of assembly automation market with detailed market segmentation by physical configuration, product type, end-use. The global assembly automation market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading assembly automation market players and offers key trends and opportunities in the assembly automation market.
MARKET SEGMENTATION
The global assembly automation market is segmented on the basis of physical configuration, product type, end-use. On the basis of physical configuration, the market is segmented as dial-type assembly machine, carousel assembly system, in-line assembly machine, single-station assembly machine. On the basis of product type, the market is segmented as bifurcated central control system, robot automation equipment, other. On the basis of end user, the market is segmented as automotive, 3c industry, 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 assembly automation 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 assembly automation 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 assembly automation 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 assembly automation 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 assembly automation 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 assembly automation 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 assembly automation 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 assembly automation market in these regions.
MARKET PLAYERS
The reports cover key developments in the assembly automation 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 assembly automation market are anticipated to lucrative growth opportunities in the future with the rising demand for assembly automation market. Below mentioned is the list of few companies engaged in the assembly automation market.
The report also includes the profiles of key assembly automation market 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.
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Assembly Automation Market - By Physical Configuration
1.3.2 Assembly Automation Market - By Product Type
1.3.3 Assembly Automation Market - By End-Use
1.3.4 Assembly Automation Market - By Region
1.3.4.1 By Country
2. KEY TAKEWAYS
3. RESEARCH METHODOLOGY
4. ASSEMBLY AUTOMATION 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. ASSEMBLY AUTOMATION 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, RESTRAINTS & EXPECTED INFLUENCE OF COVID-19 PANDEMIC
6. ASSEMBLY AUTOMATION MARKET - GLOBAL MARKET ANALYSIS
6.1. ASSEMBLY AUTOMATION - GLOBAL MARKET OVERVIEW
6.2. ASSEMBLY AUTOMATION - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. ASSEMBLY AUTOMATION MARKET - REVENUE AND FORECASTS TO 2028 - PHYSICAL CONFIGURATION
7.1. OVERVIEW
7.2. PHYSICAL CONFIGURATION MARKET FORECASTS AND ANALYSIS
7.3. DIAL-TYPE ASSEMBLY MACHINE
7.3.1. Overview
7.3.2. Dial-Type Assembly Machine Market Forecast and Analysis
7.4. CAROUSEL ASSEMBLY SYSTEM
7.4.1. Overview
7.4.2. Carousel Assembly System Market Forecast and Analysis
7.5. IN-LINE ASSEMBLY MACHINE
7.5.1. Overview
7.5.2. In-Line Assembly Machine Market Forecast and Analysis
7.6. SINGLE-STATION ASSEMBLY MACHINE
7.6.1. Overview
7.6.2. Single-Station Assembly Machine Market Forecast and Analysis
8. ASSEMBLY AUTOMATION MARKET - REVENUE AND FORECASTS TO 2028 - PRODUCT TYPE
8.1. OVERVIEW
8.2. PRODUCT TYPE MARKET FORECASTS AND ANALYSIS
8.3. BIFURCATED CENTRAL CONTROL SYSTEM
8.3.1. Overview
8.3.2. Bifurcated Central Control System Market Forecast and Analysis
8.4. ROBOT AUTOMATION EQUIPMENT
8.4.1. Overview
8.4.2. Robot Automation Equipment Market Forecast and Analysis
8.5. OTHER
8.5.1. Overview
8.5.2. Other Market Forecast and Analysis
9. ASSEMBLY AUTOMATION MARKET - REVENUE AND FORECASTS TO 2028 - END-USE
9.1. OVERVIEW
9.2. END-USE MARKET FORECASTS AND ANALYSIS
9.3. AUTOMOTIVE
9.3.1. Overview
9.3.2. Automotive Market Forecast and Analysis
9.4. 3C INDUSTRY
9.4.1. Overview
9.4.2. 3c Industry Market Forecast and Analysis
9.5. OTHERS
9.5.1. Overview
9.5.2. Others Market Forecast and Analysis
10. ASSEMBLY AUTOMATION MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
10.1. NORTH AMERICA
10.1.1 North America Assembly Automation Market Overview
10.1.2 North America Assembly Automation Market Forecasts and Analysis
10.1.3 North America Assembly Automation Market Forecasts and Analysis - By Physical Configuration
10.1.4 North America Assembly Automation Market Forecasts and Analysis - By Product Type
10.1.5 North America Assembly Automation Market Forecasts and Analysis - By End-Use
10.1.6 North America Assembly Automation Market Forecasts and Analysis - By Countries
10.1.6.1 United States Assembly Automation Market
10.1.6.1.1 United States Assembly Automation Market by Physical Configuration
10.1.6.1.2 United States Assembly Automation Market by Product Type
10.1.6.1.3 United States Assembly Automation Market by End-Use
10.1.6.2 Canada Assembly Automation Market
10.1.6.2.1 Canada Assembly Automation Market by Physical Configuration
10.1.6.2.2 Canada Assembly Automation Market by Product Type
10.1.6.2.3 Canada Assembly Automation Market by End-Use
10.1.6.3 Mexico Assembly Automation Market
10.1.6.3.1 Mexico Assembly Automation Market by Physical Configuration
10.1.6.3.2 Mexico Assembly Automation Market by Product Type
10.1.6.3.3 Mexico Assembly Automation Market by End-Use
10.2. EUROPE
10.2.1 Europe Assembly Automation Market Overview
10.2.2 Europe Assembly Automation Market Forecasts and Analysis
10.2.3 Europe Assembly Automation Market Forecasts and Analysis - By Physical Configuration
10.2.4 Europe Assembly Automation Market Forecasts and Analysis - By Product Type
10.2.5 Europe Assembly Automation Market Forecasts and Analysis - By End-Use
10.2.6 Europe Assembly Automation Market Forecasts and Analysis - By Countries
10.2.6.1 Germany Assembly Automation Market
10.2.6.1.1 Germany Assembly Automation Market by Physical Configuration
10.2.6.1.2 Germany Assembly Automation Market by Product Type
10.2.6.1.3 Germany Assembly Automation Market by End-Use
10.2.6.2 France Assembly Automation Market
10.2.6.2.1 France Assembly Automation Market by Physical Configuration
10.2.6.2.2 France Assembly Automation Market by Product Type
10.2.6.2.3 France Assembly Automation Market by End-Use
10.2.6.3 Italy Assembly Automation Market
10.2.6.3.1 Italy Assembly Automation Market by Physical Configuration
10.2.6.3.2 Italy Assembly Automation Market by Product Type
10.2.6.3.3 Italy Assembly Automation Market by End-Use
10.2.6.4 United Kingdom Assembly Automation Market
10.2.6.4.1 United Kingdom Assembly Automation Market by Physical Configuration
10.2.6.4.2 United Kingdom Assembly Automation Market by Product Type
10.2.6.4.3 United Kingdom Assembly Automation Market by End-Use
10.2.6.5 Russia Assembly Automation Market
10.2.6.5.1 Russia Assembly Automation Market by Physical Configuration
10.2.6.5.2 Russia Assembly Automation Market by Product Type
10.2.6.5.3 Russia Assembly Automation Market by End-Use
10.2.6.6 Rest of Europe Assembly Automation Market
10.2.6.6.1 Rest of Europe Assembly Automation Market by Physical Configuration
10.2.6.6.2 Rest of Europe Assembly Automation Market by Product Type
10.2.6.6.3 Rest of Europe Assembly Automation Market by End-Use
10.3. ASIA-PACIFIC
10.3.1 Asia-Pacific Assembly Automation Market Overview
10.3.2 Asia-Pacific Assembly Automation Market Forecasts and Analysis
10.3.3 Asia-Pacific Assembly Automation Market Forecasts and Analysis - By Physical Configuration
10.3.4 Asia-Pacific Assembly Automation Market Forecasts and Analysis - By Product Type
10.3.5 Asia-Pacific Assembly Automation Market Forecasts and Analysis - By End-Use
10.3.6 Asia-Pacific Assembly Automation Market Forecasts and Analysis - By Countries
10.3.6.1 Australia Assembly Automation Market
10.3.6.1.1 Australia Assembly Automation Market by Physical Configuration
10.3.6.1.2 Australia Assembly Automation Market by Product Type
10.3.6.1.3 Australia Assembly Automation Market by End-Use
10.3.6.2 China Assembly Automation Market
10.3.6.2.1 China Assembly Automation Market by Physical Configuration
10.3.6.2.2 China Assembly Automation Market by Product Type
10.3.6.2.3 China Assembly Automation Market by End-Use
10.3.6.3 India Assembly Automation Market
10.3.6.3.1 India Assembly Automation Market by Physical Configuration
10.3.6.3.2 India Assembly Automation Market by Product Type
10.3.6.3.3 India Assembly Automation Market by End-Use
10.3.6.4 Japan Assembly Automation Market
10.3.6.4.1 Japan Assembly Automation Market by Physical Configuration
10.3.6.4.2 Japan Assembly Automation Market by Product Type
10.3.6.4.3 Japan Assembly Automation Market by End-Use
10.3.6.5 South Korea Assembly Automation Market
10.3.6.5.1 South Korea Assembly Automation Market by Physical Configuration
10.3.6.5.2 South Korea Assembly Automation Market by Product Type
10.3.6.5.3 South Korea Assembly Automation Market by End-Use
10.3.6.6 Rest of Asia-Pacific Assembly Automation Market
10.3.6.6.1 Rest of Asia-Pacific Assembly Automation Market by Physical Configuration
10.3.6.6.2 Rest of Asia-Pacific Assembly Automation Market by Product Type
10.3.6.6.3 Rest of Asia-Pacific Assembly Automation Market by End-Use
10.4. MIDDLE EAST AND AFRICA
10.4.1 Middle East and Africa Assembly Automation Market Overview
10.4.2 Middle East and Africa Assembly Automation Market Forecasts and Analysis
10.4.3 Middle East and Africa Assembly Automation Market Forecasts and Analysis - By Physical Configuration
10.4.4 Middle East and Africa Assembly Automation Market Forecasts and Analysis - By Product Type
10.4.5 Middle East and Africa Assembly Automation Market Forecasts and Analysis - By End-Use
10.4.6 Middle East and Africa Assembly Automation Market Forecasts and Analysis - By Countries
10.4.6.1 South Africa Assembly Automation Market
10.4.6.1.1 South Africa Assembly Automation Market by Physical Configuration
10.4.6.1.2 South Africa Assembly Automation Market by Product Type
10.4.6.1.3 South Africa Assembly Automation Market by End-Use
10.4.6.2 Saudi Arabia Assembly Automation Market
10.4.6.2.1 Saudi Arabia Assembly Automation Market by Physical Configuration
10.4.6.2.2 Saudi Arabia Assembly Automation Market by Product Type
10.4.6.2.3 Saudi Arabia Assembly Automation Market by End-Use
10.4.6.3 U.A.E Assembly Automation Market
10.4.6.3.1 U.A.E Assembly Automation Market by Physical Configuration
10.4.6.3.2 U.A.E Assembly Automation Market by Product Type
10.4.6.3.3 U.A.E Assembly Automation Market by End-Use
10.4.6.4 Rest of Middle East and Africa Assembly Automation Market
10.4.6.4.1 Rest of Middle East and Africa Assembly Automation Market by Physical Configuration
10.4.6.4.2 Rest of Middle East and Africa Assembly Automation Market by Product Type
10.4.6.4.3 Rest of Middle East and Africa Assembly Automation Market by End-Use
10.5. SOUTH AND CENTRAL AMERICA
10.5.1 South and Central America Assembly Automation Market Overview
10.5.2 South and Central America Assembly Automation Market Forecasts and Analysis
10.5.3 South and Central America Assembly Automation Market Forecasts and Analysis - By Physical Configuration
10.5.4 South and Central America Assembly Automation Market Forecasts and Analysis - By Product Type
10.5.5 South and Central America Assembly Automation Market Forecasts and Analysis - By End-Use
10.5.6 South and Central America Assembly Automation Market Forecasts and Analysis - By Countries
10.5.6.1 Brazil Assembly Automation Market
10.5.6.1.1 Brazil Assembly Automation Market by Physical Configuration
10.5.6.1.2 Brazil Assembly Automation Market by Product Type
10.5.6.1.3 Brazil Assembly Automation Market by End-Use
10.5.6.2 Argentina Assembly Automation Market
10.5.6.2.1 Argentina Assembly Automation Market by Physical Configuration
10.5.6.2.2 Argentina Assembly Automation Market by Product Type
10.5.6.2.3 Argentina Assembly Automation Market by End-Use
10.5.6.3 Rest of South and Central America Assembly Automation Market
10.5.6.3.1 Rest of South and Central America Assembly Automation Market by Physical Configuration
10.5.6.3.2 Rest of South and Central America Assembly Automation Market by Product Type
10.5.6.3.3 Rest of South and Central America Assembly Automation Market by End-Use
11. INDUSTRY LANDSCAPE
11.1. MERGERS AND ACQUISITIONS
11.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
11.3. NEW PRODUCT LAUNCHES
11.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
12. ASSEMBLY AUTOMATION MARKET, KEY COMPANY PROFILES
12.1. ABB
12.1.1. Key Facts
12.1.2. Business Description
12.1.3. Products and Services
12.1.4. Financial Overview
12.1.5. SWOT Analysis
12.1.6. Key Developments
12.2. ATS AUTOMATION TOOLING SYSTEMS INC.
12.2.1. Key Facts
12.2.2. Business Description
12.2.3. Products and Services
12.2.4. Financial Overview
12.2.5. SWOT Analysis
12.2.6. Key Developments
12.3. HIRATA FA ENGINEERING (S) PTE LTD
12.3.1. Key Facts
12.3.2. Business Description
12.3.3. Products and Services
12.3.4. Financial Overview
12.3.5. SWOT Analysis
12.3.6. Key Developments
12.4. INTEC AUTOMATION, INC
12.4.1. Key Facts
12.4.2. Business Description
12.4.3. Products and Services
12.4.4. Financial Overview
12.4.5. SWOT Analysis
12.4.6. Key Developments
12.5. KOOPS INC.
12.5.1. Key Facts
12.5.2. Business Description
12.5.3. Products and Services
12.5.4. Financial Overview
12.5.5. SWOT Analysis
12.5.6. Key Developments
12.6. NUTEC TOOLING SYSTEMS
12.6.1. Key Facts
12.6.2. Business Description
12.6.3. Products and Services
12.6.4. Financial Overview
12.6.5. SWOT Analysis
12.6.6. Key Developments
12.7. RNA AUTOMATION LIMITED
12.7.1. Key Facts
12.7.2. Business Description
12.7.3. Products and Services
12.7.4. Financial Overview
12.7.5. SWOT Analysis
12.7.6. Key Developments
12.8. ROCKWELL AUTOMATION, INC
12.8.1. Key Facts
12.8.2. Business Description
12.8.3. Products and Services
12.8.4. Financial Overview
12.8.5. SWOT Analysis
12.8.6. Key Developments
12.9. THYSSENKRUPP SYSTEM ENGINEERING
12.9.1. Key Facts
12.9.2. Business Description
12.9.3. Products and Services
12.9.4. Financial Overview
12.9.5. SWOT Analysis
12.9.6. Key Developments
12.10. TORRAUTOMATION SYSTEMS PVT. LTD
12.10.1. Key Facts
12.10.2. Business Description
12.10.3. Products and Services
12.10.4. Financial Overview
12.10.5. SWOT Analysis
12.10.6. Key Developments
13. APPENDIX
13.1. ABOUT THE INSIGHT PARTNERS
13.2. GLOSSARY OF TERMS
1. ABB
2. ATS Automation Tooling Systems Inc.
3. Hirata FA Engineering (S) Pte Ltd
4. Intec Automation, Inc
5. Koops Inc.
6. NUTEC TOOLING SYSTEMS
7. RNA Automation Limited
8. Rockwell Automation, Inc
9. thyssenkrupp System Engineering
10. Torrautomation Systems Pvt. Ltd
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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