Power-to-gas Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

Coverage: Power-to-gas Market covers analysis by Technology (Methanation, Electrolysis); Capacity (Less Than 100 kW, 100-999 kW, 1000 kw and above); End User (Utilities, Commercial, Industrial) , and Geography (North America, Europe, Asia Pacific, and South and Central America)

  • Report Code : TIPRE00008942
  • Category : Energy and Power
  • Status : Upcoming
  • No. of Pages : 150
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MARKET INTRODUCTION

The power-to-gas, abbreviated as P2G refers to the concept of storing electricity long term in generation systems to produce fuels for transportation, household, and industry. The growing need to reduce the consumption of natural gas and the production of green hydrogen is contributing to the growth of the power-to-gas market. The European region is likely to witness robust growth during the forecast period owing to the growing demand for power-to-gas technology as a result of the increasing need for hydrogen from chemical and industrial sectors.

MARKET DYNAMICS

The power-to-gas market is anticipated to grow in the forecast period owing to driving factors such as effective utilization of renewable energy resources and potential use of hydrogen in mobility solutions. Also, integrated management of power and gas networks is further likely to fuel the market growth. However, low efficiency and energy loss may impede the growth of the power-to-gas market during the forecast period. On the other hand, use of hydrogen as a substitute for natural gas is expected to create significant opportunities for the key players of power-to-gas market in the coming years.

MARKET SCOPE

The "Global Power-to-gas Market Analysis to 2028" is a specialized and in-depth study of the energy and power industry with a special focus on the global market trend analysis. The report aims to provide an overview of power-to-gas market with detailed market segmentation by technology, capacity, end user, and geography. The global power-to-gas market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading power-to-gas market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

The global power-to-gas market is segmented on the basis of technology, capacity, and end user. Based on technology, the market is segmented as methanation and electrolysis. On the basis of the capacity, the market is segmented as less than 100 kW, 100-999kW, and 1000kW and above. The market on the basis of the end user is classified as utilities, commercial, and industrial.

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 power-to-gas market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The power-to-gas 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 power-to-gas market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South & Central America after evaluating political, economic, social and technological factors affecting the power-to-gas market in these regions.

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 power-to-gas market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The power-to-gas 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 power-to-gas market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South & Central America after evaluating political, economic, social and technological factors affecting the power-to-gas market in these regions.

MARKET PLAYERS

The reports cover key developments in the power-to-gas 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 the way for the expansion of business and customer base of market players. The market players from power-to-gas market are anticipated to lucrative growth opportunities in the future with the rising demand for power-to-gas in the global market. Below mentioned is the list of few companies engaged in the power-to-gas market.

The report also includes the profiles of key power-to-gas 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 the last three years, key developments in the past five years.

- Hitachi Zosen Inova AG
- Hydrogenics (Cummins Inc.)
- INERATEC GmbH
- ITM Power plc
- MAN Energy Solutions SE
- McPhy Energy S.A.
- Nel ASA
- Siemens AG
- Southern California Gas Company (Sempra Energy)
- ThyssenKrupp AG

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 Power-to-gas Market - By Technology
1.3.2 Power-to-gas Market - By Capacity
1.3.3 Power-to-gas Market - By End User
1.3.4 Power-to-gas Market - By Region
1.3.4.1 By Country

2. KEY TAKEAWAYS

3. RESEARCH METHODOLOGY

4. POWER-TO-GAS 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. EXPERT OPINIONS

5. POWER-TO-GAS 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. POWER-TO-GAS MARKET - GLOBAL MARKET ANALYSIS
6.1. POWER-TO-GAS - GLOBAL MARKET OVERVIEW
6.2. POWER-TO-GAS - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE

7. POWER-TO-GAS MARKET - REVENUE AND FORECASTS TO 2028 - TECHNOLOGY
7.1. OVERVIEW
7.2. TECHNOLOGY MARKET FORECASTS AND ANALYSIS
7.3. METHANATION
7.3.1. Overview
7.3.2. Methanation Market Forecast and Analysis
7.4. ELECTROLYSIS
7.4.1. Overview
7.4.2. Electrolysis Market Forecast and Analysis
8. POWER-TO-GAS MARKET - REVENUE AND FORECASTS TO 2028 - CAPACITY
8.1. OVERVIEW
8.2. CAPACITY MARKET FORECASTS AND ANALYSIS
8.3. LESS THAN 100 KW
8.3.1. Overview
8.3.2. Less Than 100 kW Market Forecast and Analysis
8.4. 100-999 KW
8.4.1. Overview
8.4.2. 100-999 kW Market Forecast and Analysis
8.5. 1000 KW AND ABOVE
8.5.1. Overview
8.5.2. 1000 kw and above Market Forecast and Analysis
9. POWER-TO-GAS MARKET - REVENUE AND FORECASTS TO 2028 - END USER
9.1. OVERVIEW
9.2. END USER MARKET FORECASTS AND ANALYSIS
9.3. UTILITIES
9.3.1. Overview
9.3.2. Utilities Market Forecast and Analysis
9.4. COMMERCIAL
9.4.1. Overview
9.4.2. Commercial Market Forecast and Analysis
9.5. INDUSTRIAL
9.5.1. Overview
9.5.2. Industrial Market Forecast and Analysis

10. POWER-TO-GAS MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
10.1. NORTH AMERICA
10.1.1 North America Power-to-gas Market Overview
10.1.2 North America Power-to-gas Market Forecasts and Analysis
10.1.3 North America Power-to-gas Market Forecasts and Analysis - By Technology
10.1.4 North America Power-to-gas Market Forecasts and Analysis - By Capacity
10.1.5 North America Power-to-gas Market Forecasts and Analysis - By End User
10.1.6 North America Power-to-gas Market Forecasts and Analysis - By Countries
10.1.6.1 United States Power-to-gas Market
10.1.6.1.1 United States Power-to-gas Market by Technology
10.1.6.1.2 United States Power-to-gas Market by Capacity
10.1.6.1.3 United States Power-to-gas Market by End User
10.1.6.2 Canada Power-to-gas Market
10.1.6.2.1 Canada Power-to-gas Market by Technology
10.1.6.2.2 Canada Power-to-gas Market by Capacity
10.1.6.2.3 Canada Power-to-gas Market by End User
10.1.6.3 Mexico Power-to-gas Market
10.1.6.3.1 Mexico Power-to-gas Market by Technology
10.1.6.3.2 Mexico Power-to-gas Market by Capacity
10.1.6.3.3 Mexico Power-to-gas Market by End User
10.2. EUROPE
10.2.1 Europe Power-to-gas Market Overview
10.2.2 Europe Power-to-gas Market Forecasts and Analysis
10.2.3 Europe Power-to-gas Market Forecasts and Analysis - By Technology
10.2.4 Europe Power-to-gas Market Forecasts and Analysis - By Capacity
10.2.5 Europe Power-to-gas Market Forecasts and Analysis - By End User
10.2.6 Europe Power-to-gas Market Forecasts and Analysis - By Countries
10.2.6.1 Germany Power-to-gas Market
10.2.6.1.1 Germany Power-to-gas Market by Technology
10.2.6.1.2 Germany Power-to-gas Market by Capacity
10.2.6.1.3 Germany Power-to-gas Market by End User
10.2.6.2 France Power-to-gas Market
10.2.6.2.1 France Power-to-gas Market by Technology
10.2.6.2.2 France Power-to-gas Market by Capacity
10.2.6.2.3 France Power-to-gas Market by End User
10.2.6.3 Italy Power-to-gas Market
10.2.6.3.1 Italy Power-to-gas Market by Technology
10.2.6.3.2 Italy Power-to-gas Market by Capacity
10.2.6.3.3 Italy Power-to-gas Market by End User
10.2.6.4 United Kingdom Power-to-gas Market
10.2.6.4.1 United Kingdom Power-to-gas Market by Technology
10.2.6.4.2 United Kingdom Power-to-gas Market by Capacity
10.2.6.4.3 United Kingdom Power-to-gas Market by End User
10.2.6.5 Russia Power-to-gas Market
10.2.6.5.1 Russia Power-to-gas Market by Technology
10.2.6.5.2 Russia Power-to-gas Market by Capacity
10.2.6.5.3 Russia Power-to-gas Market by End User
10.2.6.6 Rest of Europe Power-to-gas Market
10.2.6.6.1 Rest of Europe Power-to-gas Market by Technology
10.2.6.6.2 Rest of Europe Power-to-gas Market by Capacity
10.2.6.6.3 Rest of Europe Power-to-gas Market by End User
10.3. ASIA-PACIFIC
10.3.1 Asia-Pacific Power-to-gas Market Overview
10.3.2 Asia-Pacific Power-to-gas Market Forecasts and Analysis
10.3.3 Asia-Pacific Power-to-gas Market Forecasts and Analysis - By Technology
10.3.4 Asia-Pacific Power-to-gas Market Forecasts and Analysis - By Capacity
10.3.5 Asia-Pacific Power-to-gas Market Forecasts and Analysis - By End User
10.3.6 Asia-Pacific Power-to-gas Market Forecasts and Analysis - By Countries
10.3.6.1 Australia Power-to-gas Market
10.3.6.1.1 Australia Power-to-gas Market by Technology
10.3.6.1.2 Australia Power-to-gas Market by Capacity
10.3.6.1.3 Australia Power-to-gas Market by End User
10.3.6.2 China Power-to-gas Market
10.3.6.2.1 China Power-to-gas Market by Technology
10.3.6.2.2 China Power-to-gas Market by Capacity
10.3.6.2.3 China Power-to-gas Market by End User
10.3.6.3 India Power-to-gas Market
10.3.6.3.1 India Power-to-gas Market by Technology
10.3.6.3.2 India Power-to-gas Market by Capacity
10.3.6.3.3 India Power-to-gas Market by End User
10.3.6.4 Japan Power-to-gas Market
10.3.6.4.1 Japan Power-to-gas Market by Technology
10.3.6.4.2 Japan Power-to-gas Market by Capacity
10.3.6.4.3 Japan Power-to-gas Market by End User
10.3.6.5 South Korea Power-to-gas Market
10.3.6.5.1 South Korea Power-to-gas Market by Technology
10.3.6.5.2 South Korea Power-to-gas Market by Capacity
10.3.6.5.3 South Korea Power-to-gas Market by End User
10.3.6.6 Rest of Asia-Pacific Power-to-gas Market
10.3.6.6.1 Rest of Asia-Pacific Power-to-gas Market by Technology
10.3.6.6.2 Rest of Asia-Pacific Power-to-gas Market by Capacity
10.3.6.6.3 Rest of Asia-Pacific Power-to-gas Market by End User
10.4. MIDDLE EAST AND AFRICA
10.4.1 Middle East and Africa Power-to-gas Market Overview
10.4.2 Middle East and Africa Power-to-gas Market Forecasts and Analysis
10.4.3 Middle East and Africa Power-to-gas Market Forecasts and Analysis - By Technology
10.4.4 Middle East and Africa Power-to-gas Market Forecasts and Analysis - By Capacity
10.4.5 Middle East and Africa Power-to-gas Market Forecasts and Analysis - By End User
10.4.6 Middle East and Africa Power-to-gas Market Forecasts and Analysis - By Countries
10.4.6.1 South Africa Power-to-gas Market
10.4.6.1.1 South Africa Power-to-gas Market by Technology
10.4.6.1.2 South Africa Power-to-gas Market by Capacity
10.4.6.1.3 South Africa Power-to-gas Market by End User
10.4.6.2 Saudi Arabia Power-to-gas Market
10.4.6.2.1 Saudi Arabia Power-to-gas Market by Technology
10.4.6.2.2 Saudi Arabia Power-to-gas Market by Capacity
10.4.6.2.3 Saudi Arabia Power-to-gas Market by End User
10.4.6.3 U.A.E Power-to-gas Market
10.4.6.3.1 U.A.E Power-to-gas Market by Technology
10.4.6.3.2 U.A.E Power-to-gas Market by Capacity
10.4.6.3.3 U.A.E Power-to-gas Market by End User
10.4.6.4 Rest of Middle East and Africa Power-to-gas Market
10.4.6.4.1 Rest of Middle East and Africa Power-to-gas Market by Technology
10.4.6.4.2 Rest of Middle East and Africa Power-to-gas Market by Capacity
10.4.6.4.3 Rest of Middle East and Africa Power-to-gas Market by End User
10.5. SOUTH AND CENTRAL AMERICA
10.5.1 South and Central America Power-to-gas Market Overview
10.5.2 South and Central America Power-to-gas Market Forecasts and Analysis
10.5.3 South and Central America Power-to-gas Market Forecasts and Analysis - By Technology
10.5.4 South and Central America Power-to-gas Market Forecasts and Analysis - By Capacity
10.5.5 South and Central America Power-to-gas Market Forecasts and Analysis - By End User
10.5.6 South and Central America Power-to-gas Market Forecasts and Analysis - By Countries
10.5.6.1 Brazil Power-to-gas Market
10.5.6.1.1 Brazil Power-to-gas Market by Technology
10.5.6.1.2 Brazil Power-to-gas Market by Capacity
10.5.6.1.3 Brazil Power-to-gas Market by End User
10.5.6.2 Argentina Power-to-gas Market
10.5.6.2.1 Argentina Power-to-gas Market by Technology
10.5.6.2.2 Argentina Power-to-gas Market by Capacity
10.5.6.2.3 Argentina Power-to-gas Market by End User
10.5.6.3 Rest of South and Central America Power-to-gas Market
10.5.6.3.1 Rest of South and Central America Power-to-gas Market by Technology
10.5.6.3.2 Rest of South and Central America Power-to-gas Market by Capacity
10.5.6.3.3 Rest of South and Central America Power-to-gas 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. POWER-TO-GAS MARKET, KEY COMPANY PROFILES
12.1. HITACHI ZOSEN INOVA AG
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. HYDROGENICS (CUMMINS 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. INERATEC GMBH
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. ITM POWER PLC
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. MAN ENERGY SOLUTIONS SE
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. MCPHY ENERGY S.A.
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. NEL ASA
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. SIEMENS AG
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. SOUTHERN CALIFORNIA GAS COMPANY (SEMPRA ENERGY)
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. THYSSENKRUPP AG
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
The List of Companies

1. Hitachi Zosen Inova AG
2. Hydrogenics (Cummins Inc.)
3. INERATEC GmbH
4. ITM Power plc
5. MAN Energy Solutions SE
6. McPhy Energy S.A.
7. Nel ASA
8. Siemens AG
9. Southern California Gas Company (Sempra Energy)
10. ThyssenKrupp AG

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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