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Bearing Market by Product Type (Ball Bearings, Plain Bearings, and Others), by Application (Automotive, Electrical, Agriculture, Mining & Construction, Railway & Aerospace) - Overall In-depth Analysis, Global Market Share, Top Trends, Professional & Technical Industry Insights 2020 - 2026

Automotive Syndicate Market Research Pages: 125 Report ID: 2846

Industry Trends

The global bearing market was estimated at XX (USD Million) in 2020 and is projected to be valued at XX (USD Million) by 2026 at a CAGR of XX%. The report offers valuation and analysis of bearing market on a global as well as regional level. The study offers a comprehensive assessment of the industry competition, limitations, sales estimates, avenues, current & emerging trends, and industry-validated market data. The report offers historical data from 2016 to 2018 along with a forecast from 2020 to 2026 based on value (USD Million).

The report covers forecast and analysis for the bearing market on a global and regional level. The study provides historic data from 2016 to 2018 along with a forecast from 2020 to 2026 based on revenue (USD Million). The study includes drivers and restraints for the bearing market along with the impact they have on the demand over the forecast period. Additionally, the report includes the study of opportunities available in the bearing market on a global as well as regional level.

The study provides a crucial view on the bearing by segmenting the market based on product type, application, and region. All the segments of bearing market have been analyzed based on present and future trends and the market is estimated from 2020 to 2026. 

The demand for bearing market is driven by drivers. These drivers are to support growth in collaborations and partnerships for research on bearing market. However, restraints may hinder market growth.

The report provides company market share analysis in order to give a broader overview of the key players in the bearing market. Major players in bearing market are C&U Group, Federal Moghul Holding Corporation, JTEKT Corporation, NKE AUSTRIA GmbH, NSK Ltd., NTN Corporation, Schaeffler AG, SKF AB, THK Company, TIMKEN Company, among others. 

In order to give the users of this report a comprehensive view on the bearing market competitive landscape and analysis of Porter’s Five Forces model for the market are included in the report. The study encompasses market attractiveness analysis, wherein all segments are benchmarked based on their market size, growth rate and general attractiveness.

Competitive Market Share

In terms of bearing market, C&U Group, Federal Moghul Holding Corporation, JTEKT Corporation, NKE AUSTRIA GmbH, NSK Ltd., NTN Corporation, Schaeffler AG, SKF AB, THK Company, TIMKEN Company are the top players operating in the global market. These behemoths have implemented key business strategies such as product innovation, strategic partnerships & collaborations, new product launches, new service launches, joint ventures, and contracts to reinforce their market position along with gaining a huge chunk of the market share.

In addition, the report also covers key strategic developments of the market including acquisitions & mergers, new type launch, agreements, partnerships, collaborations & joint ventures, research & development, regional expansion of major participants involved in the bearing market on global and regional basis.

Regional Insights

Regionally, the market is divided into North America, Europe, Asia Pacific, Latin America and the Middle East and Africa. Wherein, North America dominated the global bearing market in 2019. The market drivers are the major factors driving the growth in this region. Europe was the second-largest regional market in terms of revenue share. 

Bearing Market Size By Region

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Asia Pacific region will be the rapidly growing market for bearing. On the other hand, Latin America will experience moderate growth in the coming years. The Middle East and Africa will register slower growth in the years to come. 

Scope of the report

Attribute Details
Base year for estimation 2019
Actual estimates/Historical data 2016 - 2018
Forecast period 2020 - 2026
Market representation Revenue in USD Million & CAGR from 2020 to 2026
Regional scope North America, Europe, Asia Pacific, Central & South America & MEA
Country scope U.S., Germany, U.K., Italy, China, Japan, Brazil
Report coverage       Revenue forecast, company share, competitive landscape, growth factors and trends
Free customization scope (equivalent to 5 analyst working days) If you need specific information, which is not currently within the scope of the report, we will provide it to you as a part of customization

 

Segments Covered in the Report

Based on Product Type, global bearing market is bifurcated into Ball Bearings, Plain Bearings, and Others. Detailed qualitative as well as quantitative product type segment analysis will be provided in the report from 2016 to 2026.

Based on Application market is segmented into Automotive, Electrical, Agriculture, Mining & Construction, Railway & Aerospace. Trend analysis amongst the application will be provided in detail.

Different potential opportunities and with in-depth factors affecting different markets will be provided. Segment analysis with which segment is projected to witness rapid growth in the coming years will be displayed in the report.

The report segment of the global bearing market as follows:

Global Bearing Market: By Product Type

  • Ball Bearings
  • Plain Bearings
  • and Others
Global Bearing Market: By Application
  • Automotive
  • Electrical
  • Agriculture
  • Mining & Construction
  • Railway & Aerospace
Global Bearing Market: By Region

  • North America
    • U.S.
    • Canada
    • Rest of North America
  • Europe
    • UK
    • Germany
    • France
    • Italy
    • Spain
    • Rest of Europe
  • Asia Pacific
    • China 
    • Japan
    • India
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Argentina
    • Rest of Latin America
  • Middle East and Africa
    • GCC Countries
    • South Africa
    • Rest of Middle East & Africa

Key Reasons to Purchase this Report

  • It provides a technological development map over time to understand the growth rate of the industry
  • The report offers a dynamic method to various factors that drive or restrain the growth of the market
  • It renders definite analysis for changing competitive dynamics
  • It builds a seven-year estimate based on how the market is predicted to grow 
  1. Preface
    1. Report Description and Scope
    2. Research Scope
    3. Research Methodology
      1. Market Research Process
      2. Market Research Methodology
  2. Executive Summary
    1. Bearing Market, 2016-2026 (USD Million)
    2. Bearing Market: Snapshot
  3. Bearing - Industry Analysis
    1. Bearing: Market Dynamics
    2. Market Drivers
      1. Driver 1
      2. Driver 2
    3. Restraints
      1. Restraint 1
      2. Restraint 2
    4. Opportunity
      1. Government funding and support
    5. Porter’s Five Forces Analysis
    6. Market Attractiveness Analysis
      1. Market attractiveness analysis By Product
      2. Market attractiveness analysis By Application
      3. Market attractiveness analysis by Region
  4. Bearing Market - Competitive Landscape
    1. Company market share analysis
      1. Global Bearing Market: company market share, 2019
    2. Strategic development
      1. Acquisitions & mergers
      2. New Product launches
      3. Agreements, partnerships, collaborations and joint ventures
      4. Research and development and Regional expansion
    3. Price trend analysis
  5. Global Bearing Market -Product Type Analysis
    1. Global Bearing Market overview: By Product Type
      1. Global Bearing Market share, By Product Type,2019 and 2026
    2. Ball Bearings
      1. Global Bearing Market by Ball Bearings, 2016-2026 (USD Million)
    3. Plain Bearings
      1. Global Bearing Market by Plain Bearings, 2016-2026 (USD Million)
    4. and Others
      1. Global Bearing Market by and Others, 2016-2026 (USD Million)
  6. Global Bearing Market -Application Analysis
    1. Global Bearing Market overview: By Application
      1. Global Bearing Market share, By Application,2019 and 2026
    2. Automotive
      1. Global Bearing Market by Automotive, 2016-2026 (USD Million)
    3. Electrical
      1. Global Bearing Market by Electrical, 2016-2026 (USD Million)
    4. Agriculture
      1. Global Bearing Market by Agriculture, 2016-2026 (USD Million)
    5. Mining & Construction
      1. Global Bearing Market by Mining & Construction, 2016-2026 (USD Million)
    6. Railway & Aerospace
      1. Global Bearing Market by Railway & Aerospace, 2016-2026 (USD Million)
  7. Global Bearing Market - Regional Analysis
    1. Global Bearing Market overview: by Region
      1. Global Bearing Market share, by Region, 2019 and 2026
    2. North America
      1. North America Bearing Market, 2016-2026 (USD Million)
      1. North America Bearing Market revenue, By Product Type, 2016-2026 (USD Million)
      1. North America Bearing Market revenue, By Application, 2016-2026 (USD Million)
      1. North America Bearing Market revenue, By product type, 2016-2026 (USD Million)
      1. North America Bearing Market revenue, By application, 2016-2026 (USD Million)
      1. U.S. Bearing Market revenue, By Product Type, 2016-2026 (USD Million)
      2. U.S. Bearing Market revenue, By Application, 2016-2026 (USD Million)
      3. U.S. Bearing Market revenue, By product type, 2016-2026 (USD Million)
      4. U.S. Bearing Market revenue, By application, 2016-2026 (USD Million)
      5. Canada Bearing Market revenue, By Product Type, 2016-2026 (USD Million)
      6. Canada Bearing Market revenue, By Application, 2016-2026 (USD Million)
      7. Canada Bearing Market revenue, By product type, 2016-2026 (USD Million)
      8. Canada Bearing Market revenue, By application, 2016-2026 (USD Million)
      9. Mexico Bearing Market revenue, By Product Type, 2016-2026 (USD Million)
      10. Mexico Bearing Market revenue, By Application, 2016-2026 (USD Million)
      11. Mexico Bearing Market revenue, By product type, 2016-2026 (USD Million)
      12. Mexico Bearing Market revenue, By application, 2016-2026 (USD Million)
    3. Europe
      1. Europe Bearing Market, 2016-2026 (USD Million)
      1. Europe Bearing Market revenue, By Product Type, 2016-2026 (USD Million)
      1. Europe Bearing Market revenue, By Application, 2016-2026 (USD Million)
      1. Europe Bearing Market revenue, By product type, 2016-2026 (USD Million)
      1. Europe Bearing Market revenue, By application, 2016-2026 (USD Million)
      1. UK Bearing Market revenue, By Product Type, 2016-2026 (USD Million)
      2. UK Bearing Market revenue, By Application, 2016-2026 (USD Million)
      3. UK Bearing Market revenue, By product type, 2016-2026 (USD Million)
      4. UK Bearing Market revenue, By application, 2016-2026 (USD Million)
      5. Germany Bearing Market revenue, By Product Type, 2016-2026 (USD Million)
      6. Germany Bearing Market revenue, By Application, 2016-2026 (USD Million)
      7. Germany Bearing Market revenue, By product type, 2016-2026 (USD Million)
      8. Germany Bearing Market revenue, By application, 2016-2026 (USD Million)
      9. France Bearing Market revenue, By Product Type, 2016-2026 (USD Million)
      10. France Bearing Market revenue, By Application, 2016-2026 (USD Million)
      11. France Bearing Market revenue, By product type, 2016-2026 (USD Million)
      12. France Bearing Market revenue, By application, 2016-2026 (USD Million)
      13. Italy Bearing Market revenue, By Product Type, 2016-2026 (USD Million)
      14. Italy Bearing Market revenue, By Application, 2016-2026 (USD Million)
      15. Italy Bearing Market revenue, By product type, 2016-2026 (USD Million)
      16. Italy Bearing Market revenue, By application, 2016-2026 (USD Million)
      17. Spain Bearing Market revenue, By Product Type, 2016-2026 (USD Million)
      18. Spain Bearing Market revenue, By Application, 2016-2026 (USD Million)
      19. Spain Bearing Market revenue, By product type, 2016-2026 (USD Million)
      20. Spain Bearing Market revenue, By application, 2016-2026 (USD Million)
      21. Netherlands Bearing Market revenue, By Product Type, 2016-2026 (USD Million)
      22. Netherlands Bearing Market revenue, By Application, 2016-2026 (USD Million)
      23. Netherlands Bearing Market revenue, By product type, 2016-2026 (USD Million)
      24. Netherlands Bearing Market revenue, By application, 2016-2026 (USD Million)
      25. Rest of Europe Bearing Market revenue, By Product Type, 2016-2026 (USD Million)
      26. Rest of Europe Bearing Market revenue, By Application, 2016-2026 (USD Million)
      27. Rest of Europe Bearing Market revenue, By product type, 2016-2026 (USD Million)
      28. Rest of Europe Bearing Market revenue, By application, 2016-2026 (USD Million)
    4. Asia Pacific
      1. Asia Pacific Bearing Market, 2016-2026 (USD Million)
      1. Asia Pacific Bearing Market revenue, By Product Type, 2016-2026 (USD Million)
      1. Asia Pacific Bearing Market revenue, By Application, 2016-2026 (USD Million)
      1. Asia Pacific Bearing Market revenue, By product type, 2016-2026 (USD Million)
      1. Asia Pacific Bearing Market revenue, By application, 2016-2026 (USD Million)
      1. China Bearing Market revenue, By Product Type, 2016-2026 (USD Million)
      2. China Bearing Market revenue, By Application, 2016-2026 (USD Million)
      3. China Bearing Market revenue, By product type, 2016-2026 (USD Million)
      4. China Bearing Market revenue, By application, 2016-2026 (USD Million)
      5. Japan Bearing Market revenue, By Product Type, 2016-2026 (USD Million)
      6. Japan Bearing Market revenue, By Application, 2016-2026 (USD Million)
      7. Japan Bearing Market revenue, By product type, 2016-2026 (USD Million)
      8. Japan Bearing Market revenue, By application, 2016-2026 (USD Million)
      9. India Bearing Market revenue, By Product Type, 2016-2026 (USD Million)
      10. India Bearing Market revenue, By Application, 2016-2026 (USD Million)
      11. India Bearing Market revenue, By product type, 2016-2026 (USD Million)
      12. India Bearing Market revenue, By application, 2016-2026 (USD Million)
      13. Australia Bearing Market revenue, By Product Type, 2016-2026 (USD Million)
      14. Australia Bearing Market revenue, By Application, 2016-2026 (USD Million)
      15. Australia Bearing Market revenue, By product type, 2016-2026 (USD Million)
      16. Australia Bearing Market revenue, By application, 2016-2026 (USD Million)
      17. South East Asia Bearing Market revenue, By Product Type, 2016-2026 (USD Million)
      18. South East Asia Bearing Market revenue, By Application, 2016-2026 (USD Million)
      19. South East Asia Bearing Market revenue, By product type, 2016-2026 (USD Million)
      20. South East Asia Bearing Market revenue, By application, 2016-2026 (USD Million)
      21. South Korea Bearing Market revenue, By Product Type, 2016-2026 (USD Million)
      22. South Korea Bearing Market revenue, By Application, 2016-2026 (USD Million)
      23. South Korea Bearing Market revenue, By product type, 2016-2026 (USD Million)
      24. South Korea Bearing Market revenue, By application, 2016-2026 (USD Million)
      25. Rest of Asia Pacific Bearing Market revenue, By Product Type, 2016-2026 (USD Million)
      26. Rest of Asia Pacific Bearing Market revenue, By Application, 2016-2026 (USD Million)
      27. Rest of Asia Pacific Bearing Market revenue, By product type, 2016-2026 (USD Million)
      28. Rest of Asia Pacific Bearing Market revenue, By application, 2016-2026 (USD Million)
    5. Latin America
      1. Latin America Bearing Market, 2016-2026 (USD Million)
      1. Latin America Bearing Market revenue, By Product Type, 2016-2026 (USD Million)
      1. Latin America Bearing Market revenue, By Application, 2016-2026 (USD Million)
      1. Latin America Bearing Market revenue, By product type, 2016-2026 (USD Million)
      1. Latin America Bearing Market revenue, By application, 2016-2026 (USD Million)
      1. Brazil Bearing Market revenue, By Product Type, 2016-2026 (USD Million)
      2. Brazil Bearing Market revenue, By Application, 2016-2026 (USD Million)
      3. Brazil Bearing Market revenue, By product type, 2016-2026 (USD Million)
      4. Brazil Bearing Market revenue, By application, 2016-2026 (USD Million)
      5. Argentina Bearing Market revenue, By Product Type, 2016-2026 (USD Million)
      6. Argentina Bearing Market revenue, By Application, 2016-2026 (USD Million)
      7. Argentina Bearing Market revenue, By product type, 2016-2026 (USD Million)
      8. Argentina Bearing Market revenue, By application, 2016-2026 (USD Million)
      9. Chile Bearing Market revenue, By Product Type, 2016-2026 (USD Million)
      10. Chile Bearing Market revenue, By Application, 2016-2026 (USD Million)
      11. Chile Bearing Market revenue, By product type, 2016-2026 (USD Million)
      12. Chile Bearing Market revenue, By application, 2016-2026 (USD Million)
      13. Rest of Latin America Bearing Market revenue, By Product Type, 2016-2026 (USD Million)
      14. Rest of Latin America Bearing Market revenue, By Application, 2016-2026 (USD Million)
      15. Rest of Latin America Bearing Market revenue, By product type, 2016-2026 (USD Million)
      16. Rest of Latin America Bearing Market revenue, By application, 2016-2026 (USD Million)
    6. Middle East & Africa
      1. Middle East & Africa Bearing Market, 2016-2026 (USD Million)
      1. Middle East & Africa Bearing Market revenue, By Product Type, 2016-2026 (USD Million)
      1. Middle East & Africa Bearing Market revenue, By Application, 2016-2026 (USD Million)
      1. Middle East & Africa Bearing Market revenue, By product type, 2016-2026 (USD Million)
      1. Middle East & Africa Bearing Market revenue, By application, 2016-2026 (USD Million)
      1. GCC Countries Bearing Market revenue, By Product Type, 2016-2026 (USD Million)
      2. GCC Countries Bearing Market revenue, By Application, 2016-2026 (USD Million)
      3. GCC Countries Bearing Market revenue, By product type, 2016-2026 (USD Million)
      4. GCC Countries Bearing Market revenue, By application, 2016-2026 (USD Million)
      5. Nigeria Bearing Market revenue, By Product Type, 2016-2026 (USD Million)
      6. Nigeria Bearing Market revenue, By Application, 2016-2026 (USD Million)
      7. Nigeria Bearing Market revenue, By product type, 2016-2026 (USD Million)
      8. Nigeria Bearing Market revenue, By application, 2016-2026 (USD Million)
      9. South Africa Bearing Market revenue, By Product Type, 2016-2026 (USD Million)
      10. South Africa Bearing Market revenue, By Application, 2016-2026 (USD Million)
      11. South Africa Bearing Market revenue, By product type, 2016-2026 (USD Million)
      12. South Africa Bearing Market revenue, By application, 2016-2026 (USD Million)
      13. Rest of Middle East & Africa Bearing Market revenue, By Product Type, 2016-2026 (USD Million)
      14. Rest of Middle East & Africa Bearing Market revenue, By Application, 2016-2026 (USD Million)
      15. Rest of Middle East & Africa Bearing Market revenue, By product type, 2016-2026 (USD Million)
      16. Rest of Middle East & Africa Bearing Market revenue, By application, 2016-2026 (USD Million)
  8. Company Profiles
    1. C&U Group
      1. Overview
      2. Financials
      3. Product Portfolio
      4. Business Strategy
      5. Recent Developments
    2. Federal Moghul Holding Corporation
      1. Overview
      2. Financials
      3. Product Portfolio
      4. Business Strategy
      5. Recent Developments
    3. JTEKT Corporation
      1. Overview
      2. Financials
      3. Product Portfolio
      4. Business Strategy
      5. Recent Developments
    4. NKE AUSTRIA GmbH
      1. Overview
      2. Financials
      3. Product Portfolio
      4. Business Strategy
      5. Recent Developments
    5. NSK Ltd.
      1. Overview
      2. Financials
      3. Product Portfolio
      4. Business Strategy
      5. Recent Developments
    6. NTN Corporation
      1. Overview
      2. Financials
      3. Product Portfolio
      4. Business Strategy
      5. Recent Developments
    7. Schaeffler AG
      1. Overview
      2. Financials
      3. Product Portfolio
      4. Business Strategy
      5. Recent Developments
    8. SKF AB
      1. Overview
      2. Financials
      3. Product Portfolio
      4. Business Strategy
      5. Recent Developments
    9. THK Company
      1. Overview
      2. Financials
      3. Product Portfolio
      4. Business Strategy
      5. Recent Developments
    10. TIMKEN Company
      1. Overview
      2. Financials
      3. Product Portfolio
      4. Business Strategy
      5. Recent Developments

 

List of Figures

  1. Market research process
  2. Market research methodology
  3. Global Bearing Market, 2016-2026 (USD Million)
  4. Porter’s Five Forces Analysis
  5. Global Bearing Market attractiveness, By Product Type
  6. Global Bearing Market attractiveness, By Application
  7. Global Bearing market share, By Product Type, 2019 and 2026
  8. Global Bearing Market by Ball Bearings, 2016-2026 (USD Million)
  9. Global Bearing Market by Plain Bearings, 2016-2026 (USD Million)
  10. Global Bearing Market by and Others, 2016-2026 (USD Million)
  11. Global Bearing market share, By Application, 2019 and 2026
  12. Global Bearing Market by Automotive, 2016-2026 (USD Million)
  13. Global Bearing Market by Electrical, 2016-2026 (USD Million)
  14. Global Bearing Market by Agriculture, 2016-2026 (USD Million)
  15. Global Bearing Market by Mining & Construction, 2016-2026 (USD Million)
  16. Global Bearing Market by Railway & Aerospace, 2016-2026 (USD Million)
  17. Global Bearing Market share, by Region, 2019 and 2026
  18. North America Bearing Market, 2016-2026 (USD Million)
  19. Europe Bearing Market, 2016-2026 (USD Million)
  20. Asia Pacific Bearing Market, 2016-2026 (USD Million)
  21. Latin America Bearing Market, 2016-2026 (USD Million)
  22. Middle East & Africa Bearing Market, 2016-2026 (USD Million)

 

List of Tables

  1. Global Bearing Market: snapshot
  2. Drivers of the Bearing Market: impact analysis
  3. Restraints of the Bearing Market: impact analysis
  4. North America Bearing Market revenue, By Product Type,2016-2026 (USD Million)
  5. North America Bearing Market revenue, By Application,2016-2026 (USD Million)
  6. Europe Bearing Market revenue, By Product Type,2016-2026 (USD Million)
  7. Europe Bearing Market revenue, By Application,2016-2026 (USD Million)
  8. Asia Pacific Bearing Market revenue, By Product Type,2016-2026 (USD Million)
  9. Asia Pacific Bearing Market revenue, By Application,2016-2026 (USD Million)
  10. Latin America Bearing Market revenue, By Product Type,2016-2026 (USD Million)
  11. Latin America Bearing Market revenue, By Application,2016-2026 (USD Million)
  12. Middle East & Africa Bearing Market revenue, By Product Type,2016-2026 (USD Million)
  13. Middle East & Africa Bearing Market revenue, By Application,2016-2026 (USD Million)
  • C&U Group
  • Federal Moghul Holding Corporation
  • JTEKT Corporation
  • NKE AUSTRIA GmbH
  • NSK Ltd.
  • NTN Corporation
  • Schaeffler AG
  • SKF AB
  • THK Company
  • TIMKEN Company

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An Overview on Research Methodology used at Syndicate Market Research:

1.1 Research Methodology

The process of market research at Syndicate Market Research is an iterative in nature and usually follows following path. Information from secondary is used to build data models, further the results obtained from data models are validated from primary participants. Then cycle repeats where, according to inputs from primary participants, additional secondary research is done and new information is again incorporated into data model. The process continues till desired level of information is not generated.

To calculate the market size, the report considers the revenue generated from the sales of the market providers. The revenue generated from the sales of market is calculated through primary and secondary research. The key players operating in the market across the globe are identified through secondary research and a corresponding detailed analysis of the top vendors in the market is done. The market size calculation also includes clinical trial phase segmentation determined using secondary sources and verified through primary sources.

1.2 Secondary Research

The secondary research sources that are typically referred to include, but are not limited to:

  • Company websites, annual reports, financial reports, broker reports, investor presentations and SEC filings
  • Internal and external proprietary databases, relevant patent and regulatory databases
  • National government documents, statistical databases and market reports
  • News articles, press releases and web-casts specific to the companies operating in the market

The sources for secondary research includes but is not limited to: Factiva, Hoovers and Statista

1.3 Primary Research

We conduct primary interviews on an ongoing basis with industry participants and commentators in order to validate data and analysis. A typical research interview fulfills the following functions:

  • It provides first-hand information on the market size, market trends, growth trends, competitive landscape, future outlook etc.
  • Helps in validating and strengthening the secondary research findings
  • Further develops the analysis team’s expertise and market understanding
  • Primary research involves E-mail interactions, telephonic interviews as well as face-to-face 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: CEOs, VPs, marketing/ clinical trial phase managers, market intelligence managers and national sales managers
  • Purchasing managers, technical personnel, distributors and resellers
  • Outside experts: Investment bankers, valuation experts, research analysts specializing in specific markets
  • Key opinion leaders specializing in different areas corresponding to different industry end users

1.4 Models

Where no hard data is available, we use modeling and estimates in order to produce comprehensive data sets. A rigorous methodology is adopted in which the available hard data is cross referenced with the following data types to produce estimates:

  • Demographic data: Population split by segment
  • Macro-economic indicators: GDP, etc.
  • Industry indicators: Expenditure, infrastructure, sector growth and facilities.

Data is then cross checked by the expert panel.

1.4.1 Company Share Analysis Model

Company share analysis is used to derive the size of global market. As well as study of revenues of companies for last three to five years also provide the base for forecasting the market size and its growth rate. This model is built in following steps:

1.4.2 Revenue Based Modeling

Revenue based models can be built in two ways - Top-Down or Bottom-Up irrespective of industry. Market size estimated from company share analysis acts as a validation point for bottom-up approach where as it acts as starting point for top-down approach.

1.5 Research Limitations

Inflation is not a part of pricing in this report. Prices of the products and its derivatives vary in each region and hence similar revenue ratio does not follow for each individual region. The same price for each type has been taken into account while estimating and forecasting market revenue on a global basis. Regional average price has been considered while breaking down this market by end user in each region.

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