Planetary Gearboxes Market By Type (Standard Industrial Planetary Gearboxes, Precision Industrial Planetary Gearboxes), By Application (Robotics and Machine Tools, Automotive, Aerospace and Defense, Food and Beverage, Industrial Manufacturing), and By Region - Overall In-depth Analysis, Global Market Share, Top Trends, Professional & Technical Industry Insights 2022 - 2028

Machinery & Equipment Syndicate Market Research Pages: 121 Report ID: 10712

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Report Description

This report is a comprehensive study providing a detailed analysis of the planetary gearboxes market. The report defines the type of planetary gearboxes along with its application in various industry verticals with reference to various regions and major countries. Further, the study has identified and studied all the major players operating in the global planetary gearboxes market space and equated based on various parameters such as market revenue, annual sales volume, historical growth rate, and business strategies. Based on all these insights, the global planetary gearboxes market report recommends a business strategy for the current market participants to strengthen their market positions. Moreover, the report also suggests a market entry strategy for the new market entrants.

Furthermore, the planetary gearboxes market report has also identified the major vendors and distributors operating in all the major regions. This analysis and data is expected to help the market players to strengthen their market distribution channels and expand their geographical reach.

Planetary Gearboxes Market Strategic Analysis 

The planetary gearboxes market report has analyzed the market using various marketing tools such as Porter’s Five Forces Analysis, player positioning analysis, SWOT analysis, market share analysis, and value chain analysis. In Porter’s Five Forces analysis, the market dynamics and factors such as the threat of substitute for planetary gearboxes, threat of new entrants in the planetary gearboxes market, bargaining power of buyers, bargaining power of suppliers to planetary gearboxes providing companies, and internal rivalry among the planetary gearboxes providers are analyzed to provide the readers of the report with a detailed view of the market current dynamics.

This analysis helps the users of the report to evaluate the planetary gearboxes market based on various parameters such as economies of scale, switching costs, brand loyalty, existing distribution channels, capital investments, manufacturing rights & patents, government regulations, the impact of advertisements, and impact of consumer’s preferences. This all summarized data is anticipated to help the key decision-makers of the industry in the decision-making process. Further, this analysis also answers the imperative question for new entrants to enter the planetary gearboxes market or not.

Planetary Gearboxes Market Key Trends Analysis

The report has analyzed the major factors which are impacting the growth of planetary gearboxes market. Driving factors that are positively impacting the demand for planetary gearboxes and restraining factors that are hindering the growth of planetary gearboxes market are discussed in detail along with their impacts on the global planetary gearboxes market. Further, the trends which are shaping the market and impacting the growth of the market are identified and discussed in detail in the reported study. Moreover, other qualitative factors such as risks associated with the operations and major challenges faced by the players in the market space are included in the report.

Planetary Gearboxes Market Key Segment Analysis

The study provides a decisive view on the planetary gearboxes by segmenting the market based on type, application, and region. All the segments of the planetary gearboxes market have been analyzed based on present and future trends. The data for the market and its segments are forecast for 2020 to 2026. The report has identified the segments contributing most to the overall market growth in terms of revenue along with the factors boosting their growth.

Based on type, the global planetary gearboxes market is segmented into Standard Industrial Planetary Gearboxes, Precision Industrial Planetary Gearboxes. Detailed qualitative as well as quantitative type segment analysis will be provided in the report for 2016 to 2026.

Based on application market is segmented into Robotics and Machine Tools, Automotive, Aerospace and Defense, Food and Beverage, Industrial Manufacturing. Various potential opportunities and factors affecting the different application are analyzed and included in the report study.

Planetary Gearboxes Market Regional Trends and Market Player’s Analysis

Regionally, the market is divided into North America, Europe, Asia Pacific, Latin America and Middle East and Africa. Wherein, North America dominated the global planetary gearboxes market in 2019. Over the forecast period, the Asia Pacific region is anticipated to witness the highest CAGR for the planetary gearboxes market. 

Planetary Gearboxes Market Size By Region

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Major companies holding significant market shares in the global planetary gearboxes market are analyzed considering their market revenue, market shares, business strategies, recent developments, and growth rates. Recent events for these companies such as new solution/product launches, research initiatives, acquisitions, geographical expansions, and technological advancements are considered in finalizing their position in the planetary gearboxes market player positioning. The information provided in the planetary gearboxes market research study is expected to be helpful for all the key stakeholders of the planetary gearboxes value chain and technology ecosystem.

The report provides company market share analysis in order to give a broader overview of the key players in the planetary gearboxes market. Major players in the global planetary gearboxes market are Altra Industrial Motion (Boston gear), Bonfiglioli Riduttori, Dana, Nidec Corporation (Nidec Shimpo), Sumitomo Heavy Industries, Siemens, among others.

Scope of the report

Report Scope Details
Base Year: 2019 Historical Data for: 2016 to 2018
Forecast Period: 2020 to 2026 Pages: 121
Market representation Revenue in USD Million & CAGR from 2020 to 2026
Geographies covered: USA, Canada, Mexico, Brazil, Argentina, U.K., Germany, Italy, France, Spain, China, Japan, India, Australia, Saudi Arabia, Qatar, UAE, South Africa, etc.
Segments covered: Type, and Application
Companies covered: Altra Industrial Motion (Boston gear), Bonfiglioli Riduttori, Dana, Nidec Corporation (Nidec Shimpo), Sumitomo Heavy Industries, Siemens
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

Major Highlights of the Planetary Gearboxes Market report study:

  • A detailed look at the global planetary gearboxes Industry
  • The report analyzes the global planetary gearboxes market and provides its stakeholders with significant actionable insights
  • The report has considered all the major developments in the recent past, helping the users of the report with recent industry updates
  • The report study is expected to help the key decision-makers in the industry to assist them in the decision-making process
  • The study includes data on market intelligence, changing market dynamics, current and expected market trends, etc.
  • The report comprises an in-depth analysis of macroeconomic and microeconomic factors affecting the global planetary gearboxes market
  • Market Ecosystem and adoption across market regions
  • Major trends shaping the global planetary gearboxes market
  • Historical and forecast size of the planetary gearboxes market in terms of Revenue (USD Million) 
  • Recent industry development and consumer preference trends
  • Competitive Landscape and player positioning analysis for the global planetary gearboxes market
  • Key products and solution offerings by major players and business strategies adopted
  • Recommendations for new market entrants and current players operating in the market space 
  • Analysis of niche and potential segments (type, application, and regions/countries) anticipated to observed promising growth 
  • Key challenges faced by operating players in the market space
  • Analysis of major risks associated with the market operations 

The report segment of the global planetary gearboxes market as follows:

Global Planetary Gearboxes Market: By Type

  • Standard Industrial Planetary Gearboxes
  • Precision Industrial Planetary Gearboxes
Global Planetary Gearboxes Market: By Application
  • Robotics and Machine Tools
  • Automotive
  • Aerospace and Defense
  • Food and Beverage
  • Industrial Manufacturing
Global Planetary Gearboxes 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

The report study is drafted to provide actionable insights to the following mentioned audience:

  1. Research Institutes, consulting firm
  2. Companies aspire to enter the planetary gearboxes market
  3. Student and universities 
  4. Solution Providers, product providers, service providers, and other players in the planetary gearboxes market space
  5. Associated private firms and government bodies
  6. Individual who want to learn about planetary gearboxes market 

Frequently Asked Questions

These players adopted different strategies so as to hold major market share in this market. Some of the major players in Planetary Gearboxes industry includes.

  • Altra Industrial Motion (Boston gear)
  • Bonfiglioli Riduttori
  • Dana
  • Nidec Corporation (Nidec Shimpo)
  • Sumitomo Heavy Industries
  • Siemens

Based on the Planetary Gearboxes market analysis, North America is predicted to held the highest share in the Planetary Gearboxes market during the forecast period.

The statistical data of the top market players of Planetary Gearboxes industry can be obtained from the company profile section specified in the report. This section incorporates analysis of top player’s operating in the Planetary Gearboxes industry as well as their last five-year revenue, segmental revenue, product offerings, key strategies adopted, and geographical revenue produced.

The study offers a decisive view on the Planetary Gearboxes by segmenting the market based on Type, Application, and region.

The report gives a nitty-gritty assessment of the market by featuring data on various viewpoints that incorporate drivers, restraints, opportunities, and threats. This data can assist stakeholders in making suitable decisions before investing.

The sample for Planetary Gearboxes market report can be received on-demand from the website as and when required.Direct call services or 24*7 chat support are provided to procure the sample report.

  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. Planetary Gearboxes Market, 2016-2026 (USD Million)
    2. Planetary Gearboxes Market: Snapshot
  3. Planetary Gearboxes - Industry Analysis
    1. Planetary Gearboxes: 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. Planetary Gearboxes Market - Competitive Landscape
    1. Company market share analysis
      1. Global Planetary Gearboxes 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 Planetary Gearboxes Market -Type Analysis
    1. Global Planetary Gearboxes Market overview: By Type
      1. Global Planetary Gearboxes Market share, By Type,2019 and 2026
    2. Standard Industrial Planetary Gearboxes
      1. Global Planetary Gearboxes Market by Standard Industrial Planetary Gearboxes, 2016-2026 (USD Million)
    3. Precision Industrial Planetary Gearboxes
      1. Global Planetary Gearboxes Market by Precision Industrial Planetary Gearboxes, 2016-2026 (USD Million)
  6. Global Planetary Gearboxes Market -Application Analysis
    1. Global Planetary Gearboxes Market overview: By Application
      1. Global Planetary Gearboxes Market share, By Application,2019 and 2026
    2. Robotics and Machine Tools
      1. Global Planetary Gearboxes Market by Robotics and Machine Tools, 2016-2026 (USD Million)
    3. Automotive
      1. Global Planetary Gearboxes Market by Automotive, 2016-2026 (USD Million)
    4. Aerospace and Defense
      1. Global Planetary Gearboxes Market by Aerospace and Defense, 2016-2026 (USD Million)
    5. Food and Beverage
      1. Global Planetary Gearboxes Market by Food and Beverage, 2016-2026 (USD Million)
    6. Industrial Manufacturing
      1. Global Planetary Gearboxes Market by Industrial Manufacturing, 2016-2026 (USD Million)
  7. Global Planetary Gearboxes Market - Regional Analysis
    1. Global Planetary Gearboxes Market overview: by Region
      1. Global Planetary Gearboxes Market share, by Region, 2019 and 2026
    2. North America
      1. North America Planetary Gearboxes Market, 2016-2026 (USD Million)
      1. North America Planetary Gearboxes Market revenue, By Type, 2016-2026 (USD Million)
      1. North America Planetary Gearboxes Market revenue, By Application, 2016-2026 (USD Million)
      1. U.S. Planetary Gearboxes Market revenue, By Type, 2016-2026 (USD Million)
      2. U.S. Planetary Gearboxes Market revenue, By Application, 2016-2026 (USD Million)
      3. Canada Planetary Gearboxes Market revenue, By Type, 2016-2026 (USD Million)
      4. Canada Planetary Gearboxes Market revenue, By Application, 2016-2026 (USD Million)
      5. Mexico Planetary Gearboxes Market revenue, By Type, 2016-2026 (USD Million)
      6. Mexico Planetary Gearboxes Market revenue, By Application, 2016-2026 (USD Million)
    3. Europe
      1. Europe Planetary Gearboxes Market, 2016-2026 (USD Million)
      1. Europe Planetary Gearboxes Market revenue, By Type, 2016-2026 (USD Million)
      1. Europe Planetary Gearboxes Market revenue, By Application, 2016-2026 (USD Million)
      1. UK Planetary Gearboxes Market revenue, By Type, 2016-2026 (USD Million)
      2. UK Planetary Gearboxes Market revenue, By Application, 2016-2026 (USD Million)
      3. Germany Planetary Gearboxes Market revenue, By Type, 2016-2026 (USD Million)
      4. Germany Planetary Gearboxes Market revenue, By Application, 2016-2026 (USD Million)
      5. France Planetary Gearboxes Market revenue, By Type, 2016-2026 (USD Million)
      6. France Planetary Gearboxes Market revenue, By Application, 2016-2026 (USD Million)
      7. Italy Planetary Gearboxes Market revenue, By Type, 2016-2026 (USD Million)
      8. Italy Planetary Gearboxes Market revenue, By Application, 2016-2026 (USD Million)
      9. Spain Planetary Gearboxes Market revenue, By Type, 2016-2026 (USD Million)
      10. Spain Planetary Gearboxes Market revenue, By Application, 2016-2026 (USD Million)
      11. Netherlands Planetary Gearboxes Market revenue, By Type, 2016-2026 (USD Million)
      12. Netherlands Planetary Gearboxes Market revenue, By Application, 2016-2026 (USD Million)
      13. Rest of Europe Planetary Gearboxes Market revenue, By Type, 2016-2026 (USD Million)
      14. Rest of Europe Planetary Gearboxes Market revenue, By Application, 2016-2026 (USD Million)
    4. Asia Pacific
      1. Asia Pacific Planetary Gearboxes Market, 2016-2026 (USD Million)
      1. Asia Pacific Planetary Gearboxes Market revenue, By Type, 2016-2026 (USD Million)
      1. Asia Pacific Planetary Gearboxes Market revenue, By Application, 2016-2026 (USD Million)
      1. China Planetary Gearboxes Market revenue, By Type, 2016-2026 (USD Million)
      2. China Planetary Gearboxes Market revenue, By Application, 2016-2026 (USD Million)
      3. Japan Planetary Gearboxes Market revenue, By Type, 2016-2026 (USD Million)
      4. Japan Planetary Gearboxes Market revenue, By Application, 2016-2026 (USD Million)
      5. India Planetary Gearboxes Market revenue, By Type, 2016-2026 (USD Million)
      6. India Planetary Gearboxes Market revenue, By Application, 2016-2026 (USD Million)
      7. Australia Planetary Gearboxes Market revenue, By Type, 2016-2026 (USD Million)
      8. Australia Planetary Gearboxes Market revenue, By Application, 2016-2026 (USD Million)
      9. South East Asia Planetary Gearboxes Market revenue, By Type, 2016-2026 (USD Million)
      10. South East Asia Planetary Gearboxes Market revenue, By Application, 2016-2026 (USD Million)
      11. South Korea Planetary Gearboxes Market revenue, By Type, 2016-2026 (USD Million)
      12. South Korea Planetary Gearboxes Market revenue, By Application, 2016-2026 (USD Million)
      13. Rest of Asia Pacific Planetary Gearboxes Market revenue, By Type, 2016-2026 (USD Million)
      14. Rest of Asia Pacific Planetary Gearboxes Market revenue, By Application, 2016-2026 (USD Million)
    5. Latin America
      1. Latin America Planetary Gearboxes Market, 2016-2026 (USD Million)
      1. Latin America Planetary Gearboxes Market revenue, By Type, 2016-2026 (USD Million)
      1. Latin America Planetary Gearboxes Market revenue, By Application, 2016-2026 (USD Million)
      1. Brazil Planetary Gearboxes Market revenue, By Type, 2016-2026 (USD Million)
      2. Brazil Planetary Gearboxes Market revenue, By Application, 2016-2026 (USD Million)
      3. Argentina Planetary Gearboxes Market revenue, By Type, 2016-2026 (USD Million)
      4. Argentina Planetary Gearboxes Market revenue, By Application, 2016-2026 (USD Million)
      5. Chile Planetary Gearboxes Market revenue, By Type, 2016-2026 (USD Million)
      6. Chile Planetary Gearboxes Market revenue, By Application, 2016-2026 (USD Million)
      7. Rest of Latin America Planetary Gearboxes Market revenue, By Type, 2016-2026 (USD Million)
      8. Rest of Latin America Planetary Gearboxes Market revenue, By Application, 2016-2026 (USD Million)
    6. Middle East & Africa
      1. Middle East & Africa Planetary Gearboxes Market, 2016-2026 (USD Million)
      1. Middle East & Africa Planetary Gearboxes Market revenue, By Type, 2016-2026 (USD Million)
      1. Middle East & Africa Planetary Gearboxes Market revenue, By Application, 2016-2026 (USD Million)
      1. GCC Countries Planetary Gearboxes Market revenue, By Type, 2016-2026 (USD Million)
      2. GCC Countries Planetary Gearboxes Market revenue, By Application, 2016-2026 (USD Million)
      3. Nigeria Planetary Gearboxes Market revenue, By Type, 2016-2026 (USD Million)
      4. Nigeria Planetary Gearboxes Market revenue, By Application, 2016-2026 (USD Million)
      5. South Africa Planetary Gearboxes Market revenue, By Type, 2016-2026 (USD Million)
      6. South Africa Planetary Gearboxes Market revenue, By Application, 2016-2026 (USD Million)
      7. Rest of Middle East & Africa Planetary Gearboxes Market revenue, By Type, 2016-2026 (USD Million)
      8. Rest of Middle East & Africa Planetary Gearboxes Market revenue, By Application, 2016-2026 (USD Million)
  8. Company Profiles
    1. Altra Industrial Motion (Boston gear)
      1. Overview
      2. Financials
      3. Product Portfolio
      4. Business Strategy
      5. Recent Developments
    2. Bonfiglioli Riduttori
      1. Overview
      2. Financials
      3. Product Portfolio
      4. Business Strategy
      5. Recent Developments
    3. Dana
      1. Overview
      2. Financials
      3. Product Portfolio
      4. Business Strategy
      5. Recent Developments
    4. Nidec Corporation (Nidec Shimpo)
      1. Overview
      2. Financials
      3. Product Portfolio
      4. Business Strategy
      5. Recent Developments
    5. Sumitomo Heavy Industries
      1. Overview
      2. Financials
      3. Product Portfolio
      4. Business Strategy
      5. Recent Developments
    6. Siemens
      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 Planetary Gearboxes Market, 2016-2026 (USD Million)
  4. Porter’s Five Forces Analysis
  5. Global Planetary Gearboxes Market attractiveness, By Type
  6. Global Planetary Gearboxes Market attractiveness, By Application
  7. Global Planetary Gearboxes market share, By Type, 2019 and 2026
  8. Global Planetary Gearboxes Market by Standard Industrial Planetary Gearboxes, 2016-2026 (USD Million)
  9. Global Planetary Gearboxes Market by Precision Industrial Planetary Gearboxes, 2016-2026 (USD Million)
  10. Global Planetary Gearboxes market share, By Application, 2019 and 2026
  11. Global Planetary Gearboxes Market by Robotics and Machine Tools, 2016-2026 (USD Million)
  12. Global Planetary Gearboxes Market by Automotive, 2016-2026 (USD Million)
  13. Global Planetary Gearboxes Market by Aerospace and Defense, 2016-2026 (USD Million)
  14. Global Planetary Gearboxes Market by Food and Beverage, 2016-2026 (USD Million)
  15. Global Planetary Gearboxes Market by Industrial Manufacturing, 2016-2026 (USD Million)
  16. Global Planetary Gearboxes Market share, by Region, 2019 and 2026
  17. North America Planetary Gearboxes Market, 2016-2026 (USD Million)
  18. Europe Planetary Gearboxes Market, 2016-2026 (USD Million)
  19. Asia Pacific Planetary Gearboxes Market, 2016-2026 (USD Million)
  20. Latin America Planetary Gearboxes Market, 2016-2026 (USD Million)
  21. Middle East & Africa Planetary Gearboxes Market, 2016-2026 (USD Million)

 

List of Tables

  1. Global Planetary Gearboxes Market: snapshot
  2. Drivers of the Planetary Gearboxes Market: impact analysis
  3. Restraints of the Planetary Gearboxes Market: impact analysis
  4. North America Planetary Gearboxes Market revenue, By Product Type,2016-2026 (USD Million)
  5. North America Planetary Gearboxes Market revenue, By Application,2016-2026 (USD Million)
  6. Europe Planetary Gearboxes Market revenue, By Product Type,2016-2026 (USD Million)
  7. Europe Planetary Gearboxes Market revenue, By Application,2016-2026 (USD Million)
  8. Asia Pacific Planetary Gearboxes Market revenue, By Product Type,2016-2026 (USD Million)
  9. Asia Pacific Planetary Gearboxes Market revenue, By Application,2016-2026 (USD Million)
  10. Latin America Planetary Gearboxes Market revenue, By Product Type,2016-2026 (USD Million)
  11. Latin America Planetary Gearboxes Market revenue, By Application,2016-2026 (USD Million)
  12. Middle East & Africa Planetary Gearboxes Market revenue, By Product Type,2016-2026 (USD Million)
  13. Middle East & Africa Planetary Gearboxes Market revenue, By Application,2016-2026 (USD Million)
  • Altra Industrial Motion (Boston gear)
  • Bonfiglioli Riduttori
  • Dana
  • Nidec Corporation (Nidec Shimpo)
  • Sumitomo Heavy Industries
  • Siemens

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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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