Industrial motors are the electric motor that converts electrical energy into mechanical energy. The rising demand for customized industrial high voltage motors is positively impacting the growth of the industrial motors market over the forecast period. Moreover, technological advancements and increasing integration of automation in the industrial sector triggers the growth of the industrial motors market during the forecast period.
MARKET DYNAMICS
An increase in focus on energy-efficient, low maintenance, longer operating life, and low power consumption are some of the factors driving the growth of the industrial motors market. However, the high cost of the industrial motor is the key hindering factor for the growth of the industrial motors market. The wide range of applications of this motor in oil and gas, chemical, petrochemical, power generation, marine, mining, and among others are expected to drive the growth of the industrial motors market.
MARKET SCOPE
The "Global Industrial Motors Market Analysis to 2031" is a specialized and in-depth study of the Industrial motors industry with a special focus on the global market trend analysis. The report aims to provide an overview industrial motors market with detailed market segmentation by voltage, type, end-user, and geography. The global industrial motors market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading Industrial motors market players and offers key trends and opportunities in the industrial motors market.
MARKET SEGMENTATION
The global industrial motors market is segmented on the basis of voltage, type, end-user. On the basis of voltage the market is segmented as low voltage, medium voltage, high voltage. On the basis of type the market is segmented as AC, DC. On the basis of end-user the market is segmented as oil and gas, chemicals and petrochemicals, mining, water and wastewater, power, marine, manufacturing, 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 Industrial motors 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 industrial motors 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 industrial motors 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 industrial motors 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 Industrial motors 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 industrial motors 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 industrial motors 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 industrial motors market in these regions.
MARKET PLAYERS
The reports cover key developments in the industrial motors 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 Industrial motors market are anticipated to lucrative growth opportunities in the future with the rising demand for Industrial motors in the global market. Below mentioned is the list of few companies engaged in the industrial motors market.
The report also includes the profiles of key industrial motors 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.
- ABB
- General Electric Company
- Hitachi Industrial Equipment Systems Co., Ltd.
- Meidensha Corporation
- Nidec Motor Corporation
- Regal Beloit Corporation
- Siemens AG
- TECO Electric & Machinery Co., Ltd.
- Toshiba Corporation
- WEG Equipamentos Elétricos S.A.
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 Industrial Motors Market - By Voltage
1.3.2 Industrial Motors Market - By Type
1.3.3 Industrial Motors Market - By End-user
1.3.4 Industrial Motors Market - By Region
1.3.4.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. INDUSTRIAL MOTORS 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. INDUSTRIAL MOTORS 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. INDUSTRIAL MOTORS MARKET - GLOBAL MARKET ANALYSIS
6.1. INDUSTRIAL MOTORS - GLOBAL MARKET OVERVIEW
6.2. INDUSTRIAL MOTORS - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. INDUSTRIAL MOTORS MARKET - REVENUE AND FORECASTS TO 2028 - VOLTAGE
7.1. OVERVIEW
7.2. VOLTAGE MARKET FORECASTS AND ANALYSIS
7.3. LOW VOLTAGE
7.3.1. Overview
7.3.2. Low Voltage Market Forecast and Analysis
7.4. MEDIUM VOLTAGE
7.4.1. Overview
7.4.2. Medium Voltage Market Forecast and Analysis
7.5. HIGH VOLTAGE
7.5.1. Overview
7.5.2. High Voltage Market Forecast and Analysis
8. INDUSTRIAL MOTORS MARKET - REVENUE AND FORECASTS TO 2028 - TYPE
8.1. OVERVIEW
8.2. TYPE MARKET FORECASTS AND ANALYSIS
8.3. AC
8.3.1. Overview
8.3.2. AC Market Forecast and Analysis
8.4. DC
8.4.1. Overview
8.4.2. DC Market Forecast and Analysis
9. INDUSTRIAL MOTORS MARKET - REVENUE AND FORECASTS TO 2028 - END-USER
9.1. OVERVIEW
9.2. END-USER MARKET FORECASTS AND ANALYSIS
9.3. OIL AND GAS
9.3.1. Overview
9.3.2. Oil and Gas Market Forecast and Analysis
9.4. CHEMICALS AND PETROCHEMICALS
9.4.1. Overview
9.4.2. Chemicals and Petrochemicals Market Forecast and Analysis
9.5. MINING
9.5.1. Overview
9.5.2. Mining Market Forecast and Analysis
9.6. WATER AND WASTEWATER
9.6.1. Overview
9.6.2. Water and Wastewater Market Forecast and Analysis
9.7. POWER
9.7.1. Overview
9.7.2. Power Market Forecast and Analysis
9.8. MARINE
9.8.1. Overview
9.8.2. Marine Market Forecast and Analysis
9.9. MANUFACTURING
9.9.1. Overview
9.9.2. Manufacturing Market Forecast and Analysis
9.10. OTHERS
9.10.1. Overview
9.10.2. Others Market Forecast and Analysis
10. INDUSTRIAL MOTORS MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
10.1. NORTH AMERICA
10.1.1 North America Industrial Motors Market Overview
10.1.2 North America Industrial Motors Market Forecasts and Analysis
10.1.3 North America Industrial Motors Market Forecasts and Analysis - By Voltage
10.1.4 North America Industrial Motors Market Forecasts and Analysis - By Type
10.1.5 North America Industrial Motors Market Forecasts and Analysis - By End-user
10.1.6 North America Industrial Motors Market Forecasts and Analysis - By Countries
10.1.6.1 United States Industrial Motors Market
10.1.6.1.1 United States Industrial Motors Market by Voltage
10.1.6.1.2 United States Industrial Motors Market by Type
10.1.6.1.3 United States Industrial Motors Market by End-user
10.1.6.2 Canada Industrial Motors Market
10.1.6.2.1 Canada Industrial Motors Market by Voltage
10.1.6.2.2 Canada Industrial Motors Market by Type
10.1.6.2.3 Canada Industrial Motors Market by End-user
10.1.6.3 Mexico Industrial Motors Market
10.1.6.3.1 Mexico Industrial Motors Market by Voltage
10.1.6.3.2 Mexico Industrial Motors Market by Type
10.1.6.3.3 Mexico Industrial Motors Market by End-user
10.2. EUROPE
10.2.1 Europe Industrial Motors Market Overview
10.2.2 Europe Industrial Motors Market Forecasts and Analysis
10.2.3 Europe Industrial Motors Market Forecasts and Analysis - By Voltage
10.2.4 Europe Industrial Motors Market Forecasts and Analysis - By Type
10.2.5 Europe Industrial Motors Market Forecasts and Analysis - By End-user
10.2.6 Europe Industrial Motors Market Forecasts and Analysis - By Countries
10.2.6.1 Germany Industrial Motors Market
10.2.6.1.1 Germany Industrial Motors Market by Voltage
10.2.6.1.2 Germany Industrial Motors Market by Type
10.2.6.1.3 Germany Industrial Motors Market by End-user
10.2.6.2 France Industrial Motors Market
10.2.6.2.1 France Industrial Motors Market by Voltage
10.2.6.2.2 France Industrial Motors Market by Type
10.2.6.2.3 France Industrial Motors Market by End-user
10.2.6.3 Italy Industrial Motors Market
10.2.6.3.1 Italy Industrial Motors Market by Voltage
10.2.6.3.2 Italy Industrial Motors Market by Type
10.2.6.3.3 Italy Industrial Motors Market by End-user
10.2.6.4 United Kingdom Industrial Motors Market
10.2.6.4.1 United Kingdom Industrial Motors Market by Voltage
10.2.6.4.2 United Kingdom Industrial Motors Market by Type
10.2.6.4.3 United Kingdom Industrial Motors Market by End-user
10.2.6.5 Russia Industrial Motors Market
10.2.6.5.1 Russia Industrial Motors Market by Voltage
10.2.6.5.2 Russia Industrial Motors Market by Type
10.2.6.5.3 Russia Industrial Motors Market by End-user
10.2.6.6 Rest of Europe Industrial Motors Market
10.2.6.6.1 Rest of Europe Industrial Motors Market by Voltage
10.2.6.6.2 Rest of Europe Industrial Motors Market by Type
10.2.6.6.3 Rest of Europe Industrial Motors Market by End-user
10.3. ASIA-PACIFIC
10.3.1 Asia-Pacific Industrial Motors Market Overview
10.3.2 Asia-Pacific Industrial Motors Market Forecasts and Analysis
10.3.3 Asia-Pacific Industrial Motors Market Forecasts and Analysis - By Voltage
10.3.4 Asia-Pacific Industrial Motors Market Forecasts and Analysis - By Type
10.3.5 Asia-Pacific Industrial Motors Market Forecasts and Analysis - By End-user
10.3.6 Asia-Pacific Industrial Motors Market Forecasts and Analysis - By Countries
10.3.6.1 Australia Industrial Motors Market
10.3.6.1.1 Australia Industrial Motors Market by Voltage
10.3.6.1.2 Australia Industrial Motors Market by Type
10.3.6.1.3 Australia Industrial Motors Market by End-user
10.3.6.2 China Industrial Motors Market
10.3.6.2.1 China Industrial Motors Market by Voltage
10.3.6.2.2 China Industrial Motors Market by Type
10.3.6.2.3 China Industrial Motors Market by End-user
10.3.6.3 India Industrial Motors Market
10.3.6.3.1 India Industrial Motors Market by Voltage
10.3.6.3.2 India Industrial Motors Market by Type
10.3.6.3.3 India Industrial Motors Market by End-user
10.3.6.4 Japan Industrial Motors Market
10.3.6.4.1 Japan Industrial Motors Market by Voltage
10.3.6.4.2 Japan Industrial Motors Market by Type
10.3.6.4.3 Japan Industrial Motors Market by End-user
10.3.6.5 South Korea Industrial Motors Market
10.3.6.5.1 South Korea Industrial Motors Market by Voltage
10.3.6.5.2 South Korea Industrial Motors Market by Type
10.3.6.5.3 South Korea Industrial Motors Market by End-user
10.3.6.6 Rest of Asia-Pacific Industrial Motors Market
10.3.6.6.1 Rest of Asia-Pacific Industrial Motors Market by Voltage
10.3.6.6.2 Rest of Asia-Pacific Industrial Motors Market by Type
10.3.6.6.3 Rest of Asia-Pacific Industrial Motors Market by End-user
10.4. MIDDLE EAST AND AFRICA
10.4.1 Middle East and Africa Industrial Motors Market Overview
10.4.2 Middle East and Africa Industrial Motors Market Forecasts and Analysis
10.4.3 Middle East and Africa Industrial Motors Market Forecasts and Analysis - By Voltage
10.4.4 Middle East and Africa Industrial Motors Market Forecasts and Analysis - By Type
10.4.5 Middle East and Africa Industrial Motors Market Forecasts and Analysis - By End-user
10.4.6 Middle East and Africa Industrial Motors Market Forecasts and Analysis - By Countries
10.4.6.1 South Africa Industrial Motors Market
10.4.6.1.1 South Africa Industrial Motors Market by Voltage
10.4.6.1.2 South Africa Industrial Motors Market by Type
10.4.6.1.3 South Africa Industrial Motors Market by End-user
10.4.6.2 Saudi Arabia Industrial Motors Market
10.4.6.2.1 Saudi Arabia Industrial Motors Market by Voltage
10.4.6.2.2 Saudi Arabia Industrial Motors Market by Type
10.4.6.2.3 Saudi Arabia Industrial Motors Market by End-user
10.4.6.3 U.A.E Industrial Motors Market
10.4.6.3.1 U.A.E Industrial Motors Market by Voltage
10.4.6.3.2 U.A.E Industrial Motors Market by Type
10.4.6.3.3 U.A.E Industrial Motors Market by End-user
10.4.6.4 Rest of Middle East and Africa Industrial Motors Market
10.4.6.4.1 Rest of Middle East and Africa Industrial Motors Market by Voltage
10.4.6.4.2 Rest of Middle East and Africa Industrial Motors Market by Type
10.4.6.4.3 Rest of Middle East and Africa Industrial Motors Market by End-user
10.5. SOUTH AND CENTRAL AMERICA
10.5.1 South and Central America Industrial Motors Market Overview
10.5.2 South and Central America Industrial Motors Market Forecasts and Analysis
10.5.3 South and Central America Industrial Motors Market Forecasts and Analysis - By Voltage
10.5.4 South and Central America Industrial Motors Market Forecasts and Analysis - By Type
10.5.5 South and Central America Industrial Motors Market Forecasts and Analysis - By End-user
10.5.6 South and Central America Industrial Motors Market Forecasts and Analysis - By Countries
10.5.6.1 Brazil Industrial Motors Market
10.5.6.1.1 Brazil Industrial Motors Market by Voltage
10.5.6.1.2 Brazil Industrial Motors Market by Type
10.5.6.1.3 Brazil Industrial Motors Market by End-user
10.5.6.2 Argentina Industrial Motors Market
10.5.6.2.1 Argentina Industrial Motors Market by Voltage
10.5.6.2.2 Argentina Industrial Motors Market by Type
10.5.6.2.3 Argentina Industrial Motors Market by End-user
10.5.6.3 Rest of South and Central America Industrial Motors Market
10.5.6.3.1 Rest of South and Central America Industrial Motors Market by Voltage
10.5.6.3.2 Rest of South and Central America Industrial Motors Market by Type
10.5.6.3.3 Rest of South and Central America Industrial Motors Market by End-user
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. INDUSTRIAL MOTORS 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. GENERAL ELECTRIC COMPANY
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. HITACHI INDUSTRIAL EQUIPMENT SYSTEMS CO.,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. MEIDENSHA CORPORATION
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. NIDEC MOTOR CORPORATION
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. REGAL BELOIT CORPORATION
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. SIEMENS AG
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. TECO ELECTRIC AND MACHINERY CO.,LTD.
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. TOSHIBA CORPORATION
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. WEG EQUIPAMENTOS ELéTRICOS S.A.
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. General Electric Company
3. Hitachi Industrial Equipment Systems Co.,Ltd.
4. Meidensha Corporation
5. Nidec Motor Corporation
6. Regal Beloit Corporation
7. Siemens AG
8. TECO Electric and Machinery Co.,Ltd.
9. Toshiba Corporation
10. WEG Equipamentos Elétricos S.A.
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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