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 Solar Photovoltaic PV Market Segment Research Report 2023》, which aims to sort out the development status and trends of the Solar Photovoltaic PV industry at home and abroad, estimate the overall market scale of the Solar Photovoltaic PV industry and the market share of major countries, Solar Photovoltaic PV industry, and study and judge the downstream market demand of Solar Photovoltaic PV through systematic research, Analyze the competition pattern of Solar Photovoltaic PV, so as to help solve the pain points of various stakeholders in Solar Photovoltaic PV 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 Solar Photovoltaic PV Market by VIC Research Include
USA
Europe
China
Japan
India
Korea
Southeast Asia
Competitive Analysis; Who are the Major Players in Solar Photovoltaic PV Market?
Hanwha
First Solar
SunPower
Elkem Solar
Sharp
Kyocera Solar
Solar Frontier
Solarworld
NSP
Trina Solar
Canadian Solar
Jinko Solar
JA Solar
GCL System Integration
Yingli
Shunfeng
ReneSola
Risen
Chint Group
Hareonsolar
Eging PV
CSUN
BYD
HT-SAAE
Major Type of Solar Photovoltaic PV Covered in VIC Research report:
Single Crystal Silicon
Polycrystalline Silicon
Other
Application Segments Covered in VIC Research Market
Residential
Commercial
Ground Station
Others
For any other requirements, please feel free to contact us and we will provide you customized report.
Table of Contents
Global Solar Photovoltaic PV Market Segment Research Report 2023
1. Research Scope
2. Market Overview
2.1 Product Introduction, Application, Picture
2.2 Global Solar Photovoltaic PV Market by Value
2.2.1 Global Solar Photovoltaic PV Revenue by Type
2.2.2 Global Solar Photovoltaic PV Market by Value (%)
2.3 Global Solar Photovoltaic PV Market by Production
2.3.1 Global Solar Photovoltaic PV Production by Type
2.3.2 Global Solar Photovoltaic PV Market by Production (%)
3. The Major Driver of Solar Photovoltaic PV Industry
3.1 Historical & Forecast Global Solar Photovoltaic PV Demand
3.2 Largest Application for Solar Photovoltaic PV (2019-2028)
3.3 The Major Downstream Company in China Market 2023
4. Global and Regional Solar Photovoltaic PV Market
4.1 Regional Market Size in Terms of Production & Demand (2023)
4.2 Regional Market Share in Terms of Revenue (2019-2023)
4.3 Concentration Ratio (CR5& CR10) of Solar Photovoltaic PV Market
4.4 Mergers & Acquisitions, Expansion Plans
5. US Solar Photovoltaic PV Production, Revenue (2019-2028)
5.1 Current and Estimated Production Breakdown by Type
5.2 Current and Estimated Production Breakdown by Application
5.3 Current and Estimated Revenue Breakdown by Type (2019-2028)
5.4 Current and Estimated Revenue Breakdown by Application (2019-2028)
6. Europe Solar Photovoltaic PV Production, Revenue (2019-2028)
6.1 Current and Estimated Production Breakdown by Type
6.2 Current and Estimated Production Breakdown by Application
6.3 Current and Estimated Revenue Breakdown by Type (2019-2028)
6.4 Current and Estimated Revenue Breakdown by Application (2019-2028)
7. China Solar Photovoltaic PV Production, Revenue (2019-2028)
7.1 Current and Estimated Production Breakdown by Type
7.2 Current and Estimated Production Breakdown by Application
7.3 Current and Estimated Revenue Breakdown by Type (2019-2028)
7.4 Current and Estimated Revenue Breakdown by Application (2019-2028)
8. Japan Solar Photovoltaic PV Production, Revenue (2019-2028)
8.1 Current and Estimated Production Breakdown by Type
8.2 Current and Estimated Production Breakdown by Application
8.3 Current and Estimated Revenue Breakdown by Type (2019-2028)
8.4 Current and Estimated Revenue Breakdown by Application (2019-2028)
9. India Solar Photovoltaic PV Production, Revenue (2019-2028)
9.1 Current and Estimated Production Breakdown by Type
9.2 Current and Estimated Production Breakdown by Application
9.3 Current and Estimated Revenue Breakdown by Type (2019-2028)
9.4 Current and Estimated Revenue Breakdown by Application (2019-2028)
10. Korea Solar Photovoltaic PV Production, Revenue (2019-2028)
10.1 Current and Estimated Production Breakdown by Type
10.2 Current and Estimated Production Breakdown by Application
10.3 Current and Estimated Revenue Breakdown by Type (2019-2028)
10.4 Current and Estimated Revenue Breakdown by Application (2019-2028)
11. Southeast Asia Solar Photovoltaic PV Production, Revenue (2019-2028)
11.1 Current and Estimated Production Breakdown by Type
11.2 Current and Estimated Production Breakdown by Application
11.3 Current and Estimated Revenue Breakdown by Type (2019-2028)
11.4 Current and Estimated Revenue Breakdown by Application (2019-2028)
12. Global Solar Photovoltaic PV Average Price Trend
12.1 Market Price for Each Type of Solar Photovoltaic PV in US (2019-2023)
12.2 Market Price for Each Type of Solar Photovoltaic PV in Europe (2019-2023)
12.3 Market Price for Each Type of Solar Photovoltaic PV in China (2019-2023)
12.4 Market Price for Each Type of Solar Photovoltaic PV in Japan (2019-2023)
12.5 Market Price for Each Type of Solar Photovoltaic PV in India (2019-2023)
12.6 Market Price for Each Type of Solar Photovoltaic PV in Korea (2019-2023)
12.7 Market Price for Each Type of Solar Photovoltaic PV in Southeast Asia (2019-2023)
13. Industrial Chain (Impact of COVID-19)
13.1 Solar Photovoltaic PV Industrial Chain Analysis
13.2 Downstream
13.3 Impact of COVID-19
13.4 Post-pandemic Era
13.5 Technology Trends of Solar Photovoltaic PV
14. Solar Photovoltaic PV Competitive Landscape
14.1 Hanwha
14.1.1 Hanwha Company Profiles
14.1.2 Hanwha Product Introduction
14.1.3 Hanwha Solar Photovoltaic PV Production, Revenue (2019-2023)
14.1.4 Strategic initiatives
14.2 First Solar
14.2.1 First Solar Company Profiles
14.2.2 First Solar Product Introduction
14.2.3 First Solar Solar Photovoltaic PV Production, Revenue (2019-2023)
14.2.4 Strategic initiatives
14.3 SunPower
14.3.1 SunPower Company Profiles
14.3.2 SunPower Product Introduction
14.3.3 SunPower Solar Photovoltaic PV Production, Revenue (2019-2023)
14.3.4 Strategic initiatives
14.4 Elkem Solar
14.4.1 Elkem Solar Company Profiles
14.4.2 Elkem Solar Product Introduction
14.4.3 Elkem Solar Solar Photovoltaic PV Production, Revenue (2019-2023)
14.4.4 Strategic initiatives
14.5 Sharp
14.5.1 Sharp Company Profiles
14.5.2 Sharp Product Introduction
14.5.3 Sharp Solar Photovoltaic PV Production, Revenue (2019-2023)
14.5.4 Strategic initiatives
14.6 Kyocera Solar
14.6.1 Kyocera Solar Company Profiles
14.6.2 Kyocera Solar Product Introduction
14.6.3 Kyocera Solar Solar Photovoltaic PV Production, Revenue (2019-2023)
14.6.4 Strategic initiatives
14.7 Solar Frontier
14.7.1 Solar Frontier Company Profiles
14.7.2 Solar Frontier Product Introduction
14.7.3 Solar Frontier Solar Photovoltaic PV Production, Revenue (2019-2023)
14.7.4 Strategic initiatives
14.8 Solarworld
14.8.1 Solarworld Company Profiles
14.8.2 Solarworld Product Introduction
14.8.3 Solarworld Solar Photovoltaic PV Production, Revenue (2019-2023)
14.8.4 Strategic initiatives
14.9 NSP
14.9.1 NSP Company Profiles
14.9.2 NSP Product Introduction
14.9.3 NSP Solar Photovoltaic PV Production, Revenue (2019-2023)
14.9.4 Strategic initiatives
14.10 Trina Solar
14.10.1 Trina Solar Company Profiles
14.10.2 Trina Solar Product Introduction
14.10.3 Trina Solar Solar Photovoltaic PV Production, Revenue (2019-2023)
14.10.4 Strategic initiatives
14.11 Canadian Solar
14.12 Jinko Solar
14.13 JA Solar
14.14 GCL System Integration
14.15 Yingli
14.16 Shunfeng
14.17 ReneSola
14.18 Risen
14.19 Chint Group
14.20 Hareonsolar
14.21 Eging PV
14.22 CSUN
14.23 BYD
14.24 HT-SAAE
15. Conclusion
16. Methodology and Data Source
List of Tables and Figures
Figure 1. Total Demand by Application of Solar Photovoltaic PV Industry (Volume)
Figure 2. Solar Photovoltaic PV Production & Demand by Regions in 2023
Figure 3. Regional Market Share in Terms of Revenue (2023&2027)
Figure 4. The Top 10 and 5 Players Market Share by Solar Photovoltaic PV Revenue in 2023
Figure 5. US Solar Photovoltaic PV Production, Demand (2019-2028)
Figure 6. Production Breakdown by Type (%)
Figure 7. Demand Breakdown by Type (%)
Figure 8. Demand Breakdown by Application (%)
Figure 9. Revenue Breakdown by Type (%)
Figure 10. Revenue Breakdown by Application (%)
Figure 11. Europe Solar Photovoltaic PV Production, Demand (2019-2028)
Figure 12. Production Breakdown by Type (%)
Figure 13. Demand Breakdown by Type (%)
Figure 14. Demand Breakdown by Application (%)
Figure 15. Revenue Breakdown by Type (%)
Figure 16. Revenue Breakdown by Application (%)
Figure 17. China Solar Photovoltaic PV Production, Demand (2019-2028)
Figure 18. Production Breakdown by Type (%)
Figure 19. Demand Breakdown by Type (%)
Figure 20. Demand Breakdown by Application (%)
Figure 21. Current and Estimated Revenue Breakdown by Type
Figure 22. Revenue Breakdown by Type (%)
Figure 23. Revenue Breakdown by Application (%)
Figure 24. Japan Solar Photovoltaic PV Production, Demand (2019-2028)
Figure 25. Production Breakdown by Type (%)
Figure 26. Demand Breakdown by Type (%)
Figure 27. Demand Breakdown by Application (%)
Figure 28. Revenue Breakdown by Type (%)
Figure 29. Revenue Breakdown by Application (%)
Figure 30. India Solar Photovoltaic PV Production, Demand (2019-2028)
Figure 31. Production Breakdown by Type (%)
Figure 32. Demand Breakdown by Type (%)
Figure 33. Demand Breakdown by Application (%)
Figure 34. Revenue Breakdown by Type (%)
Figure 35. Revenue Breakdown by Application (%)
Figure 36. Korea Solar Photovoltaic PV Production, Demand (2019-2028)
Figure 37. Production Breakdown by Type (%)
Figure 38. Demand Breakdown by Type (%)
Figure 39. Demand Breakdown by Application (%)
Figure 40. Revenue Breakdown by Type (%)
Figure 41. Revenue Breakdown by Application (%)
Figure 42. Southeast Asia Solar Photovoltaic PV Production, Demand (2019-2028)
Figure 43. Current and Estimated Production Breakdown by Type (2019-2028)
Figure 44. Production Breakdown by Type (%)
Figure 45. Demand Breakdown by Type (%)
Figure 46. Revenue Breakdown by Type (%)
Figure 47. Revenue Breakdown by Application (%)
Figure 48. Industrial Chain
Table 1. Top Manufacturers and Market Segmentation
Table 2. Product Introduction, Application, Picture
Table 3. Solar Photovoltaic PV Revenue, by Type (Million USD) (2019-2028)
Table 4. Solar Photovoltaic PV Production, by Type (K Unit) (2019-2028)
Table 5. Solar Photovoltaic PV Demand (K Unit) by Application (2019-2028)
Table 6. Solar Photovoltaic PV Demand (Million USD) by Application (2019-2028)
Table 7. The Major Downstream Company in China
Table 8. Regional Market Share in Terms of Production & Demand (2023)
Table 9. Regional Market Share in Terms of Revenue (2023&2027)
Table 10. Ranking of Global Top Solar Photovoltaic PV Companies by Revenue, Concentration Ratio in 2023
Table 11. Mergers & Acquisitions, Expansion Plans
Table 12. US Solar Photovoltaic PV Production (K Unit), Market Revenue (Million USD), Demand (K Unit) (2019-2028)
Table 13. Current and Estimated Production Breakdown by Type (2019-2028)
Table 14. Current and Estimated Demand Breakdown by Type (2019-2028)
Table 15. Current and Estimated Demand Breakdown by Application (2019-2028)
Table 16. Current and Estimated Revenue Breakdown by Type
Table 17. Current and Estimated Revenue Breakdown by Application
Table 18. Europe Solar Photovoltaic PV Production (K Unit), Market Revenue (Million USD), Demand (K Unit) (2019-2028)
Table 19. Current and Estimated Production Breakdown by Type (2019-2028)
Table 20. Current and Estimated Demand Breakdown by Type (2019-2028)
Table 21. Current and Estimated Demand Breakdown by Application (2019-2028)
Table 22. Current and Estimated Revenue Breakdown by Type
Table 23. Current and Estimated Revenue Breakdown by Application
Table 24. China Solar Photovoltaic PV Production (K Unit), Market Revenue (Million USD), Demand (K Unit) (2019-2028)
Table 25. Table Current and Estimated Production Breakdown by Type
Table 26. Current and Estimated Demand Breakdown by Type
Table 27. Current and Estimated Demand Breakdown by Application
Table 28. Current and Estimated Revenue Breakdown by Application
Table 29. Japan Solar Photovoltaic PV Production (K Unit), Market Revenue (Million USD), Demand (K Unit) (2019-2028)
Table 30. Current and Estimated Production Breakdown by Type (2019-2028)
Table 31. Current and Estimated Demand Breakdown by Type (2019-2028)
Table 32. Current and Estimated Demand Breakdown by Application (2019-2028)
Table 33. Current and Estimated Revenue Breakdown by Type
Table 34. Current and Estimated Revenue Breakdown by Application
Table 35. India Solar Photovoltaic PV Production (K Unit), Market Revenue (Million USD), Demand (K Unit) (2019-2028)
Table 36. Current and Estimated Production Breakdown by Type (2019-2028)
Table 37. Current and Estimated Demand Breakdown by Type (2019-2028)
Table 38. Current and Estimated Demand Breakdown by Application (2019-2028)
Table 39. Current and Estimated Revenue Breakdown by Type
Table 40. Current and Estimated Revenue Breakdown by Application
Table 41. Korea Solar Photovoltaic PV Production (K Unit), Market Revenue (Million USD), Demand (K Unit) (2019-2028)
Table 42. Current and Estimated Production Breakdown by Type (2019-2028)
Table 43. Current and Estimated Demand Breakdown by Type (2019-2028)
Table 44. Current and Estimated Demand Breakdown by Application (2019-2028)
Table 45. Current and Estimated Revenue Breakdown by Type
Table 46. Current and Estimated Revenue Breakdown by Application
Table 47. Southeast Asia Solar Photovoltaic PV Production (K Unit), Market Revenue (Million USD), Demand (K Unit) (2019-2028)
Table 48. Table Current and Estimated Demand Breakdown by Type (2019-2028)
Table 49. Current and Estimated Demand Breakdown by Application (2019-2028)
Table 50. Current and Estimated Revenue Breakdown by Type
Table 51. Current and Estimated Revenue Breakdown by Application
Table 52. Market Price (USD/Unit) for Each Type of Solar Photovoltaic PV in US (2019-2023)
Table 53. Market Price (USD/Unit) for Each Type of Solar Photovoltaic PV in Europe (2019-2023)
Table 54. Market Price (USD/Unit) for Each Type of Solar Photovoltaic PV in China (2019-2023)
Table 55. Market Price (USD/Unit) for Each Type of Solar Photovoltaic PV in Japan (2019-2023)
Table 56. Market Price (USD/Unit) for Each Type of Solar Photovoltaic PV in India (2019-2023)
Table 57. Market Price (USD/Unit) for Each Type of Solar Photovoltaic PV in Korea (2019-2023)
Table 58. Market Price (USD/Unit) for Each Type of Solar Photovoltaic PV in Southeast Asia (2019-2023)
Table 59. Key Downstream Customer in Each Application Field
Table 60. Hanwha Profiles
Table 61. Hanwha Solar Photovoltaic PV Product Introduction
Table 62. Hanwha Solar Photovoltaic PV Production (Unit), Revenue (Million USD) (2019-2023)
Table 63. Hanwha Strategic initiatives
Table 64. First Solar Profiles
Table 65. First Solar Solar Photovoltaic PV Product Introduction
Table 66. First Solar Solar Photovoltaic PV Production (Unit), Revenue (Million USD) (2019-2023)
Table 67. First Solar Strategic initiatives
Table 68. SunPower Profiles
Table 69. SunPower Solar Photovoltaic PV Product Introduction
Table 70. SunPower Solar Photovoltaic PV Production (Unit), Revenue (Million USD) (2019-2023)
Table 71. SunPower Strategic initiatives
Table 72. Elkem Solar Profiles
Table 73. Elkem Solar Solar Photovoltaic PV Product Introduction
Table 74. Elkem Solar Solar Photovoltaic PV Production (Unit), Revenue (Million USD) (2019-2023)
Table 75. Elkem Solar Strategic initiatives
Table 76. Sharp Profiles
Table 77. Sharp Solar Photovoltaic PV Product Introduction
Table 78. Sharp Solar Photovoltaic PV Production (Unit), Revenue (Million USD) (2019-2023)
Table 79. Sharp Strategic initiatives
Table 80. Kyocera Solar Profiles
Table 81. Kyocera Solar Solar Photovoltaic PV Product Introduction
Table 82. Kyocera Solar Solar Photovoltaic PV Production (Unit), Revenue (Million USD) (2019-2023)
Table 83. Kyocera Solar Strategic initiatives
Table 84. Solar Frontier Profiles
Table 85. Solar Frontier Solar Photovoltaic PV Product Introduction
Table 86. Solar Frontier Solar Photovoltaic PV Production (Unit), Revenue (Million USD) (2019-2023)
Table 87. Solar Frontier Strategic initiatives
Table 88. Solarworld Profiles
Table 89. Solarworld Solar Photovoltaic PV Product Introduction
Table 90. Solarworld Solar Photovoltaic PV Production (Unit), Revenue (Million USD) (2019-2023)
Table 91. Solarworld Strategic initiatives
Table 92. NSP Profiles
Table 93. NSP Solar Photovoltaic PV Product Introduction
Table 94. NSP Solar Photovoltaic PV Production (Unit), Revenue (Million USD) (2019-2023)
Table 95. NSP Strategic initiatives
Table 97. Trina Solar Profiles
Table 98. Trina Solar Solar Photovoltaic PV Product Introduction
Table 99. Trina Solar Solar Photovoltaic PV Production (Unit), Revenue (Million USD) (2019-2023)
Table 100. Trina Solar Strategic initiatives
Table 101. Canadian Solar Profiles
Table 102. Canadian Solar Solar Photovoltaic PV Product Introduction
Table 103. Canadian Solar Solar Photovoltaic PV Production (Unit), Revenue (Million USD) (2019-2023)
Table 104. Canadian Solar Strategic initiatives
Table 105. Jinko Solar Profiles
Table 106. Jinko Solar Solar Photovoltaic PV Product Introduction
Table 107. Jinko Solar Solar Photovoltaic PV Production (Unit), Revenue (Million USD) (2019-2023)
Table 108. Jinko Solar Strategic initiatives
Table 109. JA Solar Profiles
Table 110. JA Solar Solar Photovoltaic PV Product Introduction
Table 111. JA Solar Solar Photovoltaic PV Production (Unit), Revenue (Million USD) (2019-2023)
Table 112. JA Solar Strategic initiatives
Table 113. GCL System Integration Profiles
Table 114. GCL System Integration Solar Photovoltaic PV Product Introduction
Table 115. GCL System Integration Solar Photovoltaic PV Production (Unit), Revenue (Million USD) (2019-2023)
Table 116. GCL System Integration Strategic initiatives
Table 117. Yingli Profiles
Table 118. Yingli Solar Photovoltaic PV Product Introduction
Table 119. Yingli Solar Photovoltaic PV Production (Unit), Revenue (Million USD) (2019-2023)
Table 120. Yingli Strategic initiatives
Table 121. Shunfeng Profiles
Table 122. Shunfeng Solar Photovoltaic PV Product Introduction
Table 123. Shunfeng Solar Photovoltaic PV Production (Unit), Revenue (Million USD) (2019-2023)
Table 124. Shunfeng Strategic initiatives
Table 125. ReneSola Profiles
Table 126. ReneSola Solar Photovoltaic PV Product Introduction
Table 127. ReneSola Solar Photovoltaic PV Production (Unit), Revenue (Million USD) (2019-2023)
Table 128. ReneSola Strategic initiatives
Table 129. Risen Profiles
Table 130. Risen Solar Photovoltaic PV Product Introduction
Table 131. Risen Solar Photovoltaic PV Production (Unit), Revenue (Million USD) (2019-2023)
Table 132. Risen Strategic initiatives
Table 133. Chint Group Profiles
Table 134. Chint Group Solar Photovoltaic PV Product Introduction
Table 135. Chint Group Solar Photovoltaic PV Production (Unit), Revenue (Million USD) (2019-2023)
Table 136. Chint Group Strategic initiatives
Table 137. Hareonsolar Profiles
Table 138. Hareonsolar Solar Photovoltaic PV Product Introduction
Table 139. Hareonsolar Solar Photovoltaic PV Production (Unit), Revenue (Million USD) (2019-2023)
Table 140. Hareonsolar Strategic initiatives
Table 141. Eging PV Profiles
Table 142. Eging PV Solar Photovoltaic PV Product Introduction
Table 143. Eging PV Solar Photovoltaic PV Production (Unit), Revenue (Million USD) (2019-2023)
Table 144. Eging PV Strategic initiatives
Table 145. CSUN Profiles
Table 146. CSUN Solar Photovoltaic PV Product Introduction
Table 147. CSUN Solar Photovoltaic PV Production (Unit), Revenue (Million USD) (2019-2023)
Table 148. CSUN Strategic initiatives
Table 149. BYD Profiles
Table 150. BYD Solar Photovoltaic PV Product Introduction
Table 151. BYD Solar Photovoltaic PV Production (Unit), Revenue (Million USD) (2019-2023)
Table 152. BYD Strategic initiatives
Table 153. HT-SAAE Profiles
Table 154. HT-SAAE Solar Photovoltaic PV Product Introduction
Table 155. HT-SAAE Solar Photovoltaic PV Production (Unit), Revenue (Million USD) (2019-2023)
Table 156. HT-SAAE Strategic initiatives
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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