Summary
The global and Chinese economies were hit hard in 2020, and the global GDP grew by XX% in 2021. Although the global growth prospects improved and there was a V-shaped rebound, this does not mean that the economy has really recovered to the level before the epidemic. The vast majority of countries are still in the stage of recovery after heavy damage and are far from achieving real recovery.
2023 is a year of continuous recovery. Global supply chain disturbance, geopolitical tension, energy price fluctuation, local labor shortage and rising raw material prices will affect the resilience of economic recovery. The International Monetary Fund (IMF) predicts that the world economy will grow by XX% in 2023, of which the U.S. economy will grow by about XX%. Driven by China and India, Asia is expected to become the fastest growing region in the world in 2023. However, China's economic growth has slowed down. The 2023 government work report shows that the expected target of economic growth is set at about XX%.
According to research, China has set a growth rate of about XX%, which not only focuses on the speed of economic growth, but also anchors the quality of economic development. Scientific and technological innovation, economic and social digitization and green development will be the long-term goals of China's economic development. It is expected that in 2023, major economies such as the United States, Europe and China will introduce more favorable policies to drive the development of switching power supply industry.
VIC Research released the 《Global All Vanadium Redox Flow Battery Market Analysis 2023, With Top Companies, Sales, Revenue, Consumption, Price and Growth Rate》, which aims to sort out the development status and trends of the All Vanadium Redox Flow Battery industry at home and abroad, estimate the overall market scale of the All Vanadium Redox Flow Battery industry and the market share of major countries, All Vanadium Redox Flow Battery industry, and study and judge the downstream market demand of All Vanadium Redox Flow Battery through systematic research, Analyze the competition pattern of All Vanadium Redox Flow Battery, so as to help solve the pain points of various stakeholders in All Vanadium Redox Flow Battery industry. This industry research report combines desktop research, qualitative interviews with insiders or experts and other methods to strive for the objectivity and integrity of conclusions and data.
Regional Segmentation (Value; Revenue, USD Million, 2019-2028) of All Vanadium Redox Flow Battery Market by VIC Research Include
NorthAmerica
Asia
Europe
Middle East & Africa
South America
Competitive Analysis; Who are the Major Players in All Vanadium Redox Flow Battery Market?
Sumitomo Electric
Dalian Rongke Power
Gildemeister
UniEnergy Technologies
Primus Power
redTENERGY Storage
EnSync
...
Major Type of All Vanadium Redox Flow Battery Covered in VIC Research report:
Graphene Electrode
Carbon Felt Electrode
Application Segments Covered in VIC Research Market
Utilities
Commercial & Industrial
Military
EV Charging Station
Others
For any other requirements, please feel free to contact us and we will provide you customized report.
Table of Contents
Global All Vanadium Redox Flow Battery Market Analysis 2023, With Top Companies, Sales, Revenue, Consumption, Price and Growth Rate
1 Market Scope
1.1 Product Details and Introduction
1.1.1 Graphene Electrode -Product Introduction and Major Company
1.1.2 Carbon Felt Electrode -Product Introduction and Major Company
1.2 Market Snapshot
1.2.1 Major Companies Overview
1.2.2 Market Concentration
1.2.3 Five-Year Compound Annual Growth Rate (CAGR)
2 Regional Market
2.1 Regional Market Share in Terms of Sales (2019 & 2023 & 2026)
2.2 Regional Market Share in Terms of Revenue (2019 & 2023 & 2026)
2.3 Regional Market Share in Terms of Consumption (2019 & 2023 & 2026)
3 Global All Vanadium Redox Flow Battery Market Assessment by Type
3.1 Global All Vanadium Redox Flow Battery Sales by Type (2019-2028)
3.2 Global All Vanadium Redox Flow Battery Revenue by Type (2019-2028)
3.3 North America All Vanadium Redox Flow Battery Sales and Revenue by Type (2019-2028)
3.4 Asia All Vanadium Redox Flow Battery Sales and Revenue by Type (2019-2028)
3.5 Europe All Vanadium Redox Flow Battery Sales and Revenue by Type (2019-2028)
3.6 Middle East & Africa All Vanadium Redox Flow Battery Sales and Revenue by Type (2019-2028)
3.7 South America All Vanadium Redox Flow Battery Sales and Revenue by Type (2019-2028)
4 Historical & Forecast Global All Vanadium Redox Flow Battery Market Assessment by Application
4.1 Global All Vanadium Redox Flow Battery Consumption and Consumption in Different Application Field (2019-2028)
4.2 North America All Vanadium Redox Flow Battery Consumption and Consumption in Different Application Field (2019-2028)
4.3 Asia All Vanadium Redox Flow Battery Consumption and Consumption in Different Application Field (2019-2028)
4.4 Europe All Vanadium Redox Flow Battery Consumption and Consumption in Different Application Field (2019-2028)
4.5 Middle East & Africa All Vanadium Redox Flow Battery Consumption and Consumption in Different Application Field (2019-2028)
4.6 South America All Vanadium Redox Flow Battery Consumption and Consumption in Different Application Field (2019-2028)
5 North America
5.1 US All Vanadium Redox Flow Battery Sales, Revenue and Growth Rate (2019-2028)
5.2 Canada All Vanadium Redox Flow Battery Sales, Revenue and Growth Rate (2019-2028)
5.3 Mexico All Vanadium Redox Flow Battery Sales, Revenue and Growth Rate (2019-2028)
6 Asia
6.1 China All Vanadium Redox Flow Battery Sales, Revenue and Growth Rate (2019-2028)
6.2 Japan All Vanadium Redox Flow Battery Sales, Revenue and Growth Rate (2019-2028)
6.3 India All Vanadium Redox Flow Battery Sales, Revenue and Growth Rate (2019-2028)
6.4 Korea All Vanadium Redox Flow Battery Sales, Revenue and Growth Rate (2019-2028)
6.5 Southeat Asia All Vanadium Redox Flow Battery Sales, Revenue and Growth Rate (2019-2028)
7 Europe
7.1 Germany All Vanadium Redox Flow Battery Sales, Revenue and Growth Rate (2019-2028)
7.2 UK All Vanadium Redox Flow Battery Sales, Revenue and Growth Rate (2019-2028)
7.3 France All Vanadium Redox Flow Battery Sales, Revenue and Growth Rate (2019-2028)
7.4 Russia All Vanadium Redox Flow Battery Sales, Revenue and Growth Rate (2019-2028)
7.5 Italy All Vanadium Redox Flow Battery Sales, Revenue and Growth Rate (2019-2028)
8 Middle East and Africa
8.1 Saudi All Vanadium Redox Flow Battery Sales, Revenue and Growth Rate (2019-2028)
8.2 UAE All Vanadium Redox Flow Battery Sales, Revenue and Growth Rate (2019-2028)
8.3 Egypt All Vanadium Redox Flow Battery Sales, Revenue and Growth Rate (2019-2028)
8.4 Nigeria All Vanadium Redox Flow Battery Sales, Revenue and Growth Rate (2019-2028)
8.5 South Africa All Vanadium Redox Flow Battery Sales, Revenue and Growth Rate (2019-2028)
9 South America
9.1 Brazil All Vanadium Redox Flow Battery Sales, Revenue and Growth Rate (2019-2028)
9.2 Argentina All Vanadium Redox Flow Battery Sales, Revenue and Growth Rate (2019-2028)
9.3 Colombia All Vanadium Redox Flow Battery Sales, Revenue and Growth Rate (2019-2028)
10 Global All Vanadium Redox Flow Battery Average Price Trend
10.1 Market Price for Each Type of All Vanadium Redox Flow Battery in North America (2019-2028)
10.2 Market Price for Each Type of All Vanadium Redox Flow Battery in Asia (2019-2028)
10.3 Market Price for Each Type of All Vanadium Redox Flow Battery in Europe (2019-2028)
10.4 Market Price for Each Type of All Vanadium Redox Flow Battery in Middle East & Africa (2019-2028)
10.5 Market Price for Each Type of All Vanadium Redox Flow Battery in South America (2019-2028)
11 Value Chain
11.1 All Vanadium Redox Flow Battery Value Chain Analysis
11.1.1 Upstream
11.1.2 Downstream
11.2 COVID-19 Impact on All Vanadium Redox Flow Battery Industry
11.2.1 Industrial Policy Issued Under the Epidemic Situation
11.2.2 Post-pandemic Era
11.3 Cost-Under the Epidemic Situation
11.3.1 Cost of Raw Material
11.4 Channel Analysis
11.4.1 Distribution Channel-Under the Epidemic Situation
11.4.2 Distributors
12 Major Players of Global All Vanadium Redox Flow Battery Market, Competitive Analysis
12.1 Sumitomo Electric
12.1.1 Sumitomo Electric Company Profiles and Company News
12.1.2 Sumitomo Electric Product Introduction
12.1.3 Sumitomo Electric All Vanadium Redox Flow Battery Sales, Revenue (2019-2023)
12.1.4 SWOT Analysis
12.2 Dalian Rongke Power
12.2.1 Dalian Rongke Power Company Profiles and Company News
12.2.2 Dalian Rongke Power Product Introduction
12.2.3 Dalian Rongke Power All Vanadium Redox Flow Battery Sales, Revenue (2019-2023)
12.2.4 SWOT Analysis
12.3 Gildemeister
12.3.1 Gildemeister Company Profiles and Company News
12.3.2 Gildemeister Product Introduction
12.3.3 Gildemeister All Vanadium Redox Flow Battery Sales, Revenue (2019-2023)
12.3.4 SWOT Analysis
12.4 UniEnergy Technologies
12.4.1 UniEnergy Technologies Company Profiles and Company News
12.4.2 UniEnergy Technologies Product Introduction
12.4.3 UniEnergy Technologies All Vanadium Redox Flow Battery Sales, Revenue (2019-2023)
12.4.4 SWOT Analysis
12.5.1 Primus Power Company Profiles and Company News
12.5.2 Primus Power Product Introduction
12.5.3 Primus Power All Vanadium Redox Flow Battery Sales, Revenue (2019-2023)
12.5.4 SWOT Analysis
12.6 redTENERGY Storage
12.6.1 redTENERGY Storage Company Profiles and Company News
12.6.2 redTENERGY Storage Product Introduction
12.6.3 redTENERGY Storage All Vanadium Redox Flow Battery Sales, Revenue (2019-2023)
12.6.4 SWOT Analysis
12.7 EnSync
12.7.1 EnSync Company Profiles and Company News
12.7.2 EnSync Product Introduction
12.7.3 EnSync All Vanadium Redox Flow Battery Sales, Revenue (2019-2023)
12.7.4 SWOT Analysis
13 Global All Vanadium Redox Flow Battery Market, Competitive Landscape and Market Forecast
13.1 Key Companies Dominating the Global All Vanadium Redox Flow Battery Market
13.2 Concentration Ratio (CR5) of Global All Vanadium Redox Flow Battery Market (2019)
13.2.1 Market Share of Top 5 Players in Term of Revenue (2019)
13.3 Concentration Ratio (CR5) of Global All Vanadium Redox Flow Battery Market (2023)
13.3.1 Market Share of Top 5 Players in Term of Revenue (2023)
14 Conclusion
15 Methodology and Data Source
List of Tables and Figures
Figure Product Introduction
Table Sales (K Units) and Revenue (Million USD) of Major Players (2019-2023)
Figure Global All Vanadium Redox Flow Battery Sales Market Share of Top 5 Players
Table CAGR of Major Market (2021-2026)
Table CAGR in Terms of Sales of Each Type (2019-2028)
Table Regional Market Share in Terms of Sales (2019-2026)
Figure Regional Market Share in Terms of Sales (2019 - 2020)
Table Regional Market Share in Terms of Revenue (2019-2026)
Figure Regional Market Share in Terms of Revenue (2019 - 2020)
Figure Regional Market Share in Terms of Consumption (2019 - 2020)
Figure Regional Market Share in Terms of Consumption (2019 - 2020)
Table Global All Vanadium Redox Flow Battery Sales (K Unit) by Type (2019-2028)
Figure Global All Vanadium Redox Flow Battery Sales (K Unit) and Growth Rate (2019-2028)
Figure Global All Vanadium Redox Flow Battery Sales Market Share (%) by Type (2019 -2020)
Table Global All Vanadium Redox Flow Battery Revenue (Million USD) by Type (2019-2028)
Figure Global All Vanadium Redox Flow Battery Revenue (Million USD) and Growth Rate (2019-2028)
Figure Global All Vanadium Redox Flow Battery Revenue Market Share (%) by Type (2019-2020)
Figure North America All Vanadium Redox Flow Battery Sales (K Unit) by Type (2019-2028)
Figure North America All Vanadium Redox Flow Battery Sales (K Unit) and Growth Rate (2019-2028)
Figure North America All Vanadium Redox Flow Battery Revenue (Million USD) by Type (2019-2028)
Figure North America All Vanadium Redox Flow Battery Revenue (Million USD) and Growth Rate (2019-2028)
Figure Asia All Vanadium Redox Flow Battery Sales (K Unit) by Type (2019-2028)
Figure Asia All Vanadium Redox Flow Battery Sales (K Unit) and Growth Rate (2019-2028)
Figure Asia All Vanadium Redox Flow Battery Revenue (Million USD) by Type (2019-2028)
Figure Asia All Vanadium Redox Flow Battery Revenue (Million USD) and Growth Rate (2019-2028)
Figure Europe All Vanadium Redox Flow Battery Sales (K Unit) by Type (2019-2028)
Figure Europe All Vanadium Redox Flow Battery Sales (K Unit) and Growth Rate (2019-2028)
Figure Europe All Vanadium Redox Flow Battery Revenue (Million USD) by Type (2019-2028)
Figure Europe All Vanadium Redox Flow Battery Revenue (Million USD) and Growth Rate (2019-2028)
Figure Middle East & Africa All Vanadium Redox Flow Battery Sales (K Unit) by Type (2019-2028)
Figure Middle East & Africa All Vanadium Redox Flow Battery Sales (K Unit) and Growth Rate (2019-2028)
Figure Middle East & Africa All Vanadium Redox Flow Battery Revenue (Million USD) by Type (2019-2028)
Figure Middle East & Africa All Vanadium Redox Flow Battery Revenue (Million USD) and Growth Rate (2019-2028)
Figure South America All Vanadium Redox Flow Battery Sales (K Unit) by Type (2019-2028)
Figure South America All Vanadium Redox Flow Battery Sales (K Unit) and Growth Rate (2019-2028)
Figure South America All Vanadium Redox Flow Battery Revenue (Million USD) by Type (2019-2028)
Figure South America All Vanadium Redox Flow Battery Revenue (Million USD) and Growth Rate (2019-2028)
Table Historical & Forecast All Vanadium Redox Flow Battery Different Application Field Consumption (K Unit)
Figure Consumption (K Unit) and Growth Rate (2019-2028)
Figure Different Application Field Consumption Market Share (%) (2019-2020)
Table Historical & Forecast All Vanadium Redox Flow Battery Different Application Field Consumption (K Unit)
Figure North America All Vanadium Redox Flow Battery Consumption (K Unit) and Growth Rate (2019-2028)
Figure North America All Vanadium Redox Flow Battery Consumption Market Share (%) by Application (2019-2028)
Table Historical & Forecast All Vanadium Redox Flow Battery Different Application Field Consumption (K Unit)
Figure Asia All Vanadium Redox Flow Battery Consumption (K Unit) and Growth Rate (2019-2028)
Figure Asia All Vanadium Redox Flow Battery Consumption Market Share (%) by Application (2019-2028)
Table Historical & Forecast All Vanadium Redox Flow Battery Different Application Field Consumption (K Unit)
Figure Europe All Vanadium Redox Flow Battery Consumption (K Unit) and Growth Rate (2019-2028)
Figure Europe All Vanadium Redox Flow Battery Consumption Market Share (%) by Application (2019-2028)
Table Historical & Forecast All Vanadium Redox Flow Battery Different Application Field Consumption (K Unit)
Figure Middle East & Africa All Vanadium Redox Flow Battery Consumption (K Unit) and Growth Rate (2019-2028)
Figure Middle East & Africa All Vanadium Redox Flow Battery Consumption Market Share (%) by Application (2019-2028)
Table Historical & Forecast All Vanadium Redox Flow Battery Different Application Field Consumption (K Unit)
Figure South America All Vanadium Redox Flow Battery Consumption (K Unit) and Growth Rate (2019-2028)
Figure South America All Vanadium Redox Flow Battery Consumption Market Share (%) by Application (2019-2028)
Table Historical & Forecast All Vanadium Redox Flow Battery Different Application Field Consumption (K Unit)
Table US All Vanadium Redox Flow Battery Capacity (K Units), Sales (K Units) and Consumption (K Units) (2019-2028) and Proportion of Products Sold
Figure Proportion of Products Sold (%) (2015 -2026)
Table Canada All Vanadium Redox Flow Battery Capacity (K Units), Sales (K Units) and Consumption (K Units) (2019-2028) and Proportion of Products Sold
Figure Proportion of Products Sold (%) (2015 -2026)
Table Mexico All Vanadium Redox Flow Battery Capacity (K Units), Sales (K Units) and Consumption (K Units) (2019-2028) and Proportion of Products Sold
Figure Proportion of Products Sold (%) (2015 -2026)
Table China All Vanadium Redox Flow Battery Capacity (K Units), Sales (K Units) and Consumption (K Units) (2019-2028) and Proportion of Products Sold
Figure Proportion of Products Sold (%) (2015 -2026)
Table Japan All Vanadium Redox Flow Battery Capacity (K Units), Sales (K Units) and Consumption (K Units) (2019-2028) and Proportion of Products Sold
Figure Proportion of Products Sold (%) (2015 -2026)
Table India All Vanadium Redox Flow Battery Capacity (K Units), Sales (K Units) and Consumption (K Units) (2019-2028) and Proportion of Products Sold
Figure Proportion of Products Sold (%) (2015 -2026)
Table Korea All Vanadium Redox Flow Battery Capacity (K Units), Sales (K Units) and Consumption (K Units) (2019-2028) and Proportion of Products Sold
Figure Proportion of Products Sold (%) (2015 -2026)
Table Southeast Asia All Vanadium Redox Flow Battery Capacity (K Units), Sales (K Units) and Consumption (K Units) (2019-2028) and Proportion of Products Sold
Figure Proportion of Products Sold (%) (2015 -2026)
Table Germany All Vanadium Redox Flow Battery Capacity (K Units), Sales (K Units) and Consumption (K Units) (2019-2028) and Proportion of Products Sold
Figure Proportion of Products Sold (%) (2015 -2026)
Table UK All Vanadium Redox Flow Battery Capacity (K Units), Sales (K Units) and Consumption (K Units) (2019-2028) and Proportion of Products Sold
Figure Proportion of Products Sold (%) (2015 -2026)
Table France All Vanadium Redox Flow Battery Capacity (K Units), Sales (K Units) and Consumption (K Units) (2019-2028) and Proportion of Products Sold
Figure Proportion of Products Sold (%) (2015 -2026)
Table Russia All Vanadium Redox Flow Battery Capacity (K Units), Sales (K Units) and Consumption (K Units) (2019-2028) and Proportion of Products Sold
Figure Proportion of Products Sold (%) (2015 -2026)
Table Italy All Vanadium Redox Flow Battery Capacity (K Units), Sales (K Units) and Consumption (K Units) (2019-2028) and Proportion of Products Sold
Figure Proportion of Products Sold (%) (2015 -2026)
Table Saudi All Vanadium Redox Flow Battery Capacity (K Units), Sales (K Units) and Consumption (K Units) (2019-2028) and Proportion of Products Sold
Figure Proportion of Products Sold (%) (2015 -2026)
Table UAE All Vanadium Redox Flow Battery Capacity (K Units), Sales (K Units) and Consumption (K Units) (2019-2028) and Proportion of Products Sold
Figure Proportion of Products Sold (%) (2015 -2026)
Table Egypt All Vanadium Redox Flow Battery Capacity (K Units), Sales (K Units) and Consumption (K Units) (2019-2028) and Proportion of Products Sold
Figure Proportion of Products Sold (%) (2015 -2026)
Table Nigeria All Vanadium Redox Flow Battery Capacity (K Units), Sales (K Units) and Consumption (K Units) (2019-2028) and Proportion of Products Sold
Figure Proportion of Products Sold (%) (2015 -2026)
Table South Africa All Vanadium Redox Flow Battery Capacity (K Units), Sales (K Units) and Consumption (K Units) (2019-2028) and Proportion of Products Sold
Figure Proportion of Products Sold (%) (2015 -2026)
Table Brazil All Vanadium Redox Flow Battery Capacity (K Units), Sales (K Units) and Consumption (K Units) (2019-2028) and Proportion of Products Sold
Figure Proportion of Products Sold (%) (2015 -2026)
Table Argentina All Vanadium Redox Flow Battery Capacity (K Units), Sales (K Units) and Consumption (K Units) (2019-2028) and Proportion of Products Sold
Figure Proportion of Products Sold (%) (2015 -2026)
Table Colombia All Vanadium Redox Flow Battery Capacity (K Units), Sales (K Units) and Consumption (K Units) (2019-2028) and Proportion of Products Sold
Figure Proportion of Products Sold (%) (2015 -2026)
Table Market Price (USD/Unit) for Each Type of All Vanadium Redox Flow Battery in China
Table Market Price (USD/Unit) for Each Type of All Vanadium Redox Flow Battery in EU
Table Market Price (USD/Unit) for Each Type of All Vanadium Redox Flow Battery in USA
Table Market Price (USD/Unit) for Each Type of All Vanadium Redox Flow Battery in Japan
Table Market Price (USD/Unit) for Each Type of All Vanadium Redox Flow Battery in India
Table Market Price (USD/Unit) for Each Type of All Vanadium Redox Flow Battery in Southeast Asia
Table Market Price (USD/Unit) for Each Type of All Vanadium Redox Flow Battery in South America
Figure Value Chain Structure of All Vanadium Redox Flow Battery
Table Value Chain
Table Key Suppliers of Raw Material/Components
Table Key Downstream Customer in Each Application Field
Table Industry News List of All Vanadium Redox Flow Battery
Figure Cost Structure of All Vanadium Redox Flow Battery in 2020
Table Distributors/Traders List
Table Sumitomo Electric Profiles
Table Sumitomo Electric All Vanadium Redox Flow Battery Product Introduction
Figure Sumitomo Electric All Vanadium Redox Flow Battery Capacity (Unit), Sales (Unit), Revenue (Million USD) (2019-2023)
Figure Sumitomo Electric SWOT Analysis
Table Dalian Rongke Power Profiles
Table Dalian Rongke Power All Vanadium Redox Flow Battery Product Introduction
Figure Dalian Rongke Power All Vanadium Redox Flow Battery Capacity (Unit), Sales (Unit), Revenue (Million USD) (2019-2023)
Figure Dalian Rongke Power SWOT Analysis
Table Gildemeister Profiles
Table Gildemeister All Vanadium Redox Flow Battery Product Introduction
Figure Gildemeister All Vanadium Redox Flow Battery Capacity (Unit), Sales (Unit), Revenue (Million USD) (2019-2023)
Figure Gildemeister SWOT Analysis
Table UniEnergy Technologies Profiles
Table UniEnergy Technologies All Vanadium Redox Flow Battery Product Introduction
Figure UniEnergy Technologies All Vanadium Redox Flow Battery Capacity (Unit), Sales (Unit), Revenue (Million USD) (2019-2023)
Figure UniEnergy Technologies SWOT Analysis
Table Primus Power Profiles
Table Primus Power All Vanadium Redox Flow Battery Product Introduction
Figure Primus Power Energy and Power Capacity (Unit), Sales (Unit), Revenue (Million USD) (2019-2023)
Figure Primus Power SWOT Analysis
Table redTENERGY Storage Profiles
Table redTENERGY Storage All Vanadium Redox Flow Battery Product Introduction
Figure redTENERGY Storage All Vanadium Redox Flow Battery Capacity (Unit), Sales (Unit), Revenue (Million USD) (2019-2023)
Figure redTENERGY Storage SWOT Analysis
Table EnSync Profiles
Table EnSync All Vanadium Redox Flow Battery Product Introduction
Figure EnSync All Vanadium Redox Flow Battery Capacity (Unit), Sales (Unit), Revenue (Million USD) (2019-2023)
Figure EnSync SWOT Analysis
The research methodology employed by VICResearch has been subjected by numerous procedures in order to guarantee the quality and accuracy of the data contained within the reports. The analysts are employed full-time and received more than six months training to satisfy the standard of VICResearch. VICResearch’s methodology can be divided into five stages:
Stage 1: Secondary research
The research team first works with magazines, industry trade group, and administration that operate in the research field. The information provided by our in-house documentation service helps us carrying out further research. Our team which has the experience as well as the knowledge efficiently extracts the accurate information from existing source.
Stage 2: Primary research: interviews with trade sources
After the first stage, the research team conducts large number of face-to-face or telephone interviews with the representative companies operating in the research field. The analysts attempt to obtain a chance to talk with leading players in the field as well as with small companies. The upstream suppliers, manufacturers, distributors, importers, installers, wholesalers and consumers are all included in the interviews. The data gathered during the interview is then carefully checked and compared with the secondary research.
Stage 3: Analysis of the gathered data
The analysis team checks and synthesizes the data gathered during the first two stages. To validate the data, a second series of interviews can be conducted.
Stage 4: Quantitative data
The quantitative data such as market estimates, production and capacity of manufacturer, market forecasts and investment feasibility is provided by VICResearch. The data is based on the estimates obtained during stage 3.
The research team also provides appreciation and analysis of the market and the quantitative data contained in the reports. The data is consequently unique to VICResearch.
Stage 5: Quality control
Before publishing, every report goes under a rigorous checking and editing process, which is done by experience management team to ensure the reliability of the published data. Each analyst in the research team receives support and on-going training which is part of the VICResearch’s internal quality process.
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