Solid freezers have the potential to significantly improve people's health and socioeconomic situation. The primary drivers driving worldwide solid freezers growth are rapid urbanization in developing nations and rising environmental concerns. Solid freezers are being employed in a variety of applications, including residences, dairies, research labs, and medical facilities, among others. It's a freezer that converts solid energy into thermal energy to keep things cold. Solid array, panel support structure, battery (optional), and freezer are the fundamental components of a solid freezer. The most prevalent varieties utilized in various end-use applications are solid freezers with solid batteries and solid freezers with solid direct drive.
MARKET DYNAMICS
Due to the rapid rise in vaccination demand caused by the COVID-19 pandemic, the solar freezer business has seen a surge in demand around the world, increasing solar freezers' share of the medical sector in recent years. The government is the main purchaser of vaccine storage for use in public health clinics and other institutions. Another aspect driving the worldwide solar freezer market trend is a rise in demand for refrigerators from rural areas due to higher income and living standards. According to United Nations statistics, by 2050, 68 percent of the world's population will be living in cities. During this time, the need for various medical items and blood has surged, indirectly fueling the demand for solar freezers for storage.
MARKET SCOPE
The "Global Solid Freezer Market Analysis to 2031" is a specialized and in-depth study of the solid freezer market with a special focus on the global market trend analysis. The report aims to provide an overview of the solid freezer market with detailed market segmentation by type, application, and geography. The global solid freezer market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading solid freezer market players and offers key trends and opportunities in the solid freezer market.
MARKET SEGMENTATION
The global solid freezer market is segmented based on type, capacity, and end use. Based on type, solid freezer market is segmented into solar-battery based and solar-direct drive. Based on capacity, solid freezer market is segmented into Less than 250 ltrs, 250-500 ltrs, and More than 500 ltrs. Based on end use, solid freezer market is segmented into medical, household, infrastructure, commercial, and others.
IMPACT OF COVID-19 ON SOLID FREEZER MARKET
For a brief moment, the emergence of the COVID-19 crisis boosted the worldwide solar freezer business significantly. Current market has shown a surge during this pandemic season, owing to increased demand for vaccine storage freezers. The discovery of numerous types of coronavirus vaccines and medicines has fueled the market's expansion. Several legal penalties imposed on businesses as a result of the COVID-19 epidemic have caused the commercial segment to grow slowly during the pandemic. As a result, the aforementioned reasons are projected to fuel the current expansion of the worldwide solar freezer market.
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 Solid Freezer Market based on various segments. It also provides market size and forecast estimates from year 2017 to 2031 with respect to five major regions, namely, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The Solid Freezer 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 Solid Freezer 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 solid freezer market in these regions.
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- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
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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 Solid Freezer Market based on various segments. It also provides market size and forecast estimates from year 2017 to 2031 with respect to five major regions, namely, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The Solid Freezer 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 Solid Freezer 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 solid freezer market in these regions.
MARKET PLAYERS
The reports cover key developments in the solid freezer 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 solid freezer market are anticipated to lucrative growth opportunities in the future with the rising demand for solid freezer market. Below mentioned is the list of few companies engaged in the solid freezer market.
The report also includes the profiles of key solid freezer 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.
- CONNEXA ENERGY
- EcoSolarCool
- SunDanzer
- Unique Off-Grid Appliances
- B Medical Systems
- DOMETIC
- Engel Coolers
- KYOCERA
- Sure Chill Steca Elektronik
- Vestfrost Solutions
- 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 Solid Freezer Market - By Type
1.3.2 Solid Freezer Market - By Capacity
1.3.3 Solid Freezer Market - By End Use
1.3.4 Solid Freezer Market - By Region
1.3.4.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. SOLID FREEZER MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PORTER'S FIVE FORCES ANALYSIS
4.2.1 Bargaining Power of Buyers
4.2.1 Bargaining Power of Suppliers
4.2.1 Threat of Substitute
4.2.1 Threat of New Entrants
4.2.1 Competitive Rivalry
4.3. EXPERT OPINIONS
5. SOLID FREEZER 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. SOLID FREEZER MARKET - GLOBAL MARKET ANALYSIS
6.1. SOLID FREEZER - GLOBAL MARKET OVERVIEW
6.2. SOLID FREEZER - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. SOLID FREEZER MARKET - REVENUE AND FORECASTS TO 2028 - TYPE
7.1. OVERVIEW
7.2. TYPE MARKET FORECASTS AND ANALYSIS
7.3. SOLAR-BATTERY BASED
7.3.1. Overview
7.3.2. Solar-Battery Based Market Forecast and Analysis
7.4. SOLAR-DIRECT DRIVE
7.4.1. Overview
7.4.2. Solar-Direct Drive Market Forecast and Analysis
8. SOLID FREEZER MARKET - REVENUE AND FORECASTS TO 2028 - CAPACITY
8.1. OVERVIEW
8.2. CAPACITY MARKET FORECASTS AND ANALYSIS
8.3. LESS THAN 250 LTRS
8.3.1. Overview
8.3.2. Less than 250 ltrs Market Forecast and Analysis
8.4. 250-500 LTRS
8.4.1. Overview
8.4.2. 250-500 ltrs Market Forecast and Analysis
8.5. MORE THAN 500 LTRS
8.5.1. Overview
8.5.2. More than 500 ltrs Market Forecast and Analysis
9. SOLID FREEZER MARKET - REVENUE AND FORECASTS TO 2028 - END USE
9.1. OVERVIEW
9.2. END USE MARKET FORECASTS AND ANALYSIS
9.3. MEDICAL
9.3.1. Overview
9.3.2. Medical Market Forecast and Analysis
9.4. HOUSEHOLD
9.4.1. Overview
9.4.2. Household Market Forecast and Analysis
9.5. INFRASTRUCTURE
9.5.1. Overview
9.5.2. Infrastructure Market Forecast and Analysis
9.6. COMMERCIAL
9.6.1. Overview
9.6.2. Commercial Market Forecast and Analysis
9.7. OTHER
9.7.1. Overview
9.7.2. Other Market Forecast and Analysis
10. SOLID FREEZER MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
10.1. NORTH AMERICA
10.1.1 North America Solid Freezer Market Overview
10.1.2 North America Solid Freezer Market Forecasts and Analysis
10.1.3 North America Solid Freezer Market Forecasts and Analysis - By Type
10.1.4 North America Solid Freezer Market Forecasts and Analysis - By Capacity
10.1.5 North America Solid Freezer Market Forecasts and Analysis - By End Use
10.1.6 North America Solid Freezer Market Forecasts and Analysis - By Countries
10.1.6.1 United States Solid Freezer Market
10.1.6.1.1 United States Solid Freezer Market by Type
10.1.6.1.2 United States Solid Freezer Market by Capacity
10.1.6.1.3 United States Solid Freezer Market by End Use
10.1.6.2 Canada Solid Freezer Market
10.1.6.2.1 Canada Solid Freezer Market by Type
10.1.6.2.2 Canada Solid Freezer Market by Capacity
10.1.6.2.3 Canada Solid Freezer Market by End Use
10.1.6.3 Mexico Solid Freezer Market
10.1.6.3.1 Mexico Solid Freezer Market by Type
10.1.6.3.2 Mexico Solid Freezer Market by Capacity
10.1.6.3.3 Mexico Solid Freezer Market by End Use
10.2. EUROPE
10.2.1 Europe Solid Freezer Market Overview
10.2.2 Europe Solid Freezer Market Forecasts and Analysis
10.2.3 Europe Solid Freezer Market Forecasts and Analysis - By Type
10.2.4 Europe Solid Freezer Market Forecasts and Analysis - By Capacity
10.2.5 Europe Solid Freezer Market Forecasts and Analysis - By End Use
10.2.6 Europe Solid Freezer Market Forecasts and Analysis - By Countries
10.2.6.1 Germany Solid Freezer Market
10.2.6.1.1 Germany Solid Freezer Market by Type
10.2.6.1.2 Germany Solid Freezer Market by Capacity
10.2.6.1.3 Germany Solid Freezer Market by End Use
10.2.6.2 France Solid Freezer Market
10.2.6.2.1 France Solid Freezer Market by Type
10.2.6.2.2 France Solid Freezer Market by Capacity
10.2.6.2.3 France Solid Freezer Market by End Use
10.2.6.3 Italy Solid Freezer Market
10.2.6.3.1 Italy Solid Freezer Market by Type
10.2.6.3.2 Italy Solid Freezer Market by Capacity
10.2.6.3.3 Italy Solid Freezer Market by End Use
10.2.6.4 United Kingdom Solid Freezer Market
10.2.6.4.1 United Kingdom Solid Freezer Market by Type
10.2.6.4.2 United Kingdom Solid Freezer Market by Capacity
10.2.6.4.3 United Kingdom Solid Freezer Market by End Use
10.2.6.5 Russia Solid Freezer Market
10.2.6.5.1 Russia Solid Freezer Market by Type
10.2.6.5.2 Russia Solid Freezer Market by Capacity
10.2.6.5.3 Russia Solid Freezer Market by End Use
10.2.6.6 Rest of Europe Solid Freezer Market
10.2.6.6.1 Rest of Europe Solid Freezer Market by Type
10.2.6.6.2 Rest of Europe Solid Freezer Market by Capacity
10.2.6.6.3 Rest of Europe Solid Freezer Market by End Use
10.3. ASIA-PACIFIC
10.3.1 Asia-Pacific Solid Freezer Market Overview
10.3.2 Asia-Pacific Solid Freezer Market Forecasts and Analysis
10.3.3 Asia-Pacific Solid Freezer Market Forecasts and Analysis - By Type
10.3.4 Asia-Pacific Solid Freezer Market Forecasts and Analysis - By Capacity
10.3.5 Asia-Pacific Solid Freezer Market Forecasts and Analysis - By End Use
10.3.6 Asia-Pacific Solid Freezer Market Forecasts and Analysis - By Countries
10.3.6.1 Australia Solid Freezer Market
10.3.6.1.1 Australia Solid Freezer Market by Type
10.3.6.1.2 Australia Solid Freezer Market by Capacity
10.3.6.1.3 Australia Solid Freezer Market by End Use
10.3.6.2 China Solid Freezer Market
10.3.6.2.1 China Solid Freezer Market by Type
10.3.6.2.2 China Solid Freezer Market by Capacity
10.3.6.2.3 China Solid Freezer Market by End Use
10.3.6.3 India Solid Freezer Market
10.3.6.3.1 India Solid Freezer Market by Type
10.3.6.3.2 India Solid Freezer Market by Capacity
10.3.6.3.3 India Solid Freezer Market by End Use
10.3.6.4 Japan Solid Freezer Market
10.3.6.4.1 Japan Solid Freezer Market by Type
10.3.6.4.2 Japan Solid Freezer Market by Capacity
10.3.6.4.3 Japan Solid Freezer Market by End Use
10.3.6.5 South Korea Solid Freezer Market
10.3.6.5.1 South Korea Solid Freezer Market by Type
10.3.6.5.2 South Korea Solid Freezer Market by Capacity
10.3.6.5.3 South Korea Solid Freezer Market by End Use
10.3.6.6 Rest of Asia-Pacific Solid Freezer Market
10.3.6.6.1 Rest of Asia-Pacific Solid Freezer Market by Type
10.3.6.6.2 Rest of Asia-Pacific Solid Freezer Market by Capacity
10.3.6.6.3 Rest of Asia-Pacific Solid Freezer Market by End Use
10.4. MIDDLE EAST AND AFRICA
10.4.1 Middle East and Africa Solid Freezer Market Overview
10.4.2 Middle East and Africa Solid Freezer Market Forecasts and Analysis
10.4.3 Middle East and Africa Solid Freezer Market Forecasts and Analysis - By Type
10.4.4 Middle East and Africa Solid Freezer Market Forecasts and Analysis - By Capacity
10.4.5 Middle East and Africa Solid Freezer Market Forecasts and Analysis - By End Use
10.4.6 Middle East and Africa Solid Freezer Market Forecasts and Analysis - By Countries
10.4.6.1 South Africa Solid Freezer Market
10.4.6.1.1 South Africa Solid Freezer Market by Type
10.4.6.1.2 South Africa Solid Freezer Market by Capacity
10.4.6.1.3 South Africa Solid Freezer Market by End Use
10.4.6.2 Saudi Arabia Solid Freezer Market
10.4.6.2.1 Saudi Arabia Solid Freezer Market by Type
10.4.6.2.2 Saudi Arabia Solid Freezer Market by Capacity
10.4.6.2.3 Saudi Arabia Solid Freezer Market by End Use
10.4.6.3 U.A.E Solid Freezer Market
10.4.6.3.1 U.A.E Solid Freezer Market by Type
10.4.6.3.2 U.A.E Solid Freezer Market by Capacity
10.4.6.3.3 U.A.E Solid Freezer Market by End Use
10.4.6.4 Rest of Middle East and Africa Solid Freezer Market
10.4.6.4.1 Rest of Middle East and Africa Solid Freezer Market by Type
10.4.6.4.2 Rest of Middle East and Africa Solid Freezer Market by Capacity
10.4.6.4.3 Rest of Middle East and Africa Solid Freezer Market by End Use
10.5. SOUTH AND CENTRAL AMERICA
10.5.1 South and Central America Solid Freezer Market Overview
10.5.2 South and Central America Solid Freezer Market Forecasts and Analysis
10.5.3 South and Central America Solid Freezer Market Forecasts and Analysis - By Type
10.5.4 South and Central America Solid Freezer Market Forecasts and Analysis - By Capacity
10.5.5 South and Central America Solid Freezer Market Forecasts and Analysis - By End Use
10.5.6 South and Central America Solid Freezer Market Forecasts and Analysis - By Countries
10.5.6.1 Brazil Solid Freezer Market
10.5.6.1.1 Brazil Solid Freezer Market by Type
10.5.6.1.2 Brazil Solid Freezer Market by Capacity
10.5.6.1.3 Brazil Solid Freezer Market by End Use
10.5.6.2 Argentina Solid Freezer Market
10.5.6.2.1 Argentina Solid Freezer Market by Type
10.5.6.2.2 Argentina Solid Freezer Market by Capacity
10.5.6.2.3 Argentina Solid Freezer Market by End Use
10.5.6.3 Rest of South and Central America Solid Freezer Market
10.5.6.3.1 Rest of South and Central America Solid Freezer Market by Type
10.5.6.3.2 Rest of South and Central America Solid Freezer Market by Capacity
10.5.6.3.3 Rest of South and Central America Solid Freezer 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. SOLID FREEZER MARKET, KEY COMPANY PROFILES
12.1. CONNEXA ENERGY
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. ECOSOLARCOOL
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. SUNDANZER
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. UNIQUE OFF-GRID APPLIANCES
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. B MEDICAL SYSTEMS
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. DOMETIC
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. ENGEL COOLERS
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. KYOCERA
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. SURE CHILL STECA ELEKTRONIK
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. VESTFROST SOLUTIONS
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.CONNEXA ENERGY
2.EcoSolarCool
3.SunDanzer
4.Unique Off-Grid Appliances
5.B Medical Systems
6.DOMETIC
7.Engel Coolers
8.KYOCERA
9.Sure Chill Steca Elektronik
10.Vestfrost Solutions
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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