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 SINGLE-PHASE INDUCTION MOTOR Market Segment Research Report 2023》, which aims to sort out the development status and trends of the SINGLE-PHASE INDUCTION MOTOR industry at home and abroad, estimate the overall market scale of the SINGLE-PHASE INDUCTION MOTOR industry and the market share of major countries, SINGLE-PHASE INDUCTION MOTOR industry, and study and judge the downstream market demand of SINGLE-PHASE INDUCTION MOTOR through systematic research, Analyze the competition pattern of SINGLE-PHASE INDUCTION MOTOR, so as to help solve the pain points of various stakeholders in SINGLE-PHASE INDUCTION MOTOR 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 SINGLE-PHASE INDUCTION MOTOR Market by VIC Research Include
USA
Europe
China
Japan
India
Korea
Southeast Asia
Competitive Analysis; Who are the Major Players in SINGLE-PHASE INDUCTION MOTOR Market?
ABB(Switzerland)
Baldor Electric Company (US)
A.O. Smith Corporation(US)
Allied Motion Technologies(US)
Franklin Electric(US)
General Electric Company (US)
HBD Industries(US)
Mitsubishi Electric(Japan)
Nidec Corporation (Japan)
Regal Beloit Corporation (US)
Major Type of SINGLE-PHASE INDUCTION MOTOR Covered in VIC Research report:
Shaded Pole
Split Phased
Capacitor Motors
Application Segments Covered in VIC Research Market
Residential
Commercial Building
Agriculture
Transportation
Others
For any other requirements, please feel free to contact us and we will provide you customized report.
Table of Contents
Global SINGLE-PHASE INDUCTION MOTOR Market Segment Research Report 2023
1. Research Scope
2. Market Overview
2.1 Product Introduction, Application, Picture
2.2 Global SINGLE-PHASE INDUCTION MOTOR Market by Value
2.2.1 Global SINGLE-PHASE INDUCTION MOTOR Revenue by Type
2.2.2 Global SINGLE-PHASE INDUCTION MOTOR Market by Value
2.3 Global SINGLE-PHASE INDUCTION MOTOR Market by Sales
2.3.1 Global SINGLE-PHASE INDUCTION MOTOR Sales by Type
2.3.2 Global SINGLE-PHASE INDUCTION MOTOR Market by Sales
3. The Major Driver of SINGLE-PHASE INDUCTION MOTOR Industry
3.1 Historical & Forecast Global SINGLE-PHASE INDUCTION MOTOR Sales and Revenue (2019-2028)
3.2 Largest Application for SINGLE-PHASE INDUCTION MOTOR (2019-2028)
3.3 The Major Downstream Company in China Market 2023
4. Global and Regional SINGLE-PHASE INDUCTION MOTOR Market
4.1 Regional Market Size in Terms of Sales (2023 & 2028)
4.2 Regional Market Share in Terms of Revenue (2023 & 2028)
4.3 Concentration Ratio (CR5& CR10) of SINGLE-PHASE INDUCTION MOTOR Market
4.4 Mergers & Acquisitions, Expansion Plans
5. US SINGLE-PHASE INDUCTION MOTOR Sales (2019-2028)
5.1 Current and Estimated Sales Breakdown by Type (2019-2028)
5.2 Current and Estimated Sales Breakdown by Application (2019-2028)
5.3 Current and Estimated Revenue Breakdown by Type (2019-2028)
5.4 Current and Estimated Revenue Breakdown by Application (2019-2028)
6. Europe SINGLE-PHASE INDUCTION MOTOR Sales (2019-2028)
6.1 Current and Estimated Sales Breakdown by Type (2019-2028)
6.2 Current and Estimated Sales Breakdown by Application (2019-2028)
6.3 Current and Estimated Revenue Breakdown by Type (2019-2028)
6.4 Current and Estimated Revenue Breakdown by Application (2019-2028)
7. China SINGLE-PHASE INDUCTION MOTOR Sales (2019-2028)
7.1 Current and Estimated Sales Breakdown by Type (2019-2028)
7.2 Current and Estimated Sales Breakdown by Application (2019-2028)
7.3 Current and Estimated Revenue Breakdown by Type (2019-2028)
7.4 Current and Estimated Revenue Breakdown by Application (2019-2028)
8. Japan SINGLE-PHASE INDUCTION MOTOR Sales (2019-2028)
8.1 Current and Estimated Sales Breakdown by Type (2019-2028)
8.2 Current and Estimated Sales Breakdown by Application (2019-2028)
8.3 Current and Estimated Revenue Breakdown by Type (2019-2028)
8.4 Current and Estimated Revenue Breakdown by Application (2019-2028)
9. India SINGLE-PHASE INDUCTION MOTOR Sales (2019-2028)
9.1 Current and Estimated Sales Breakdown by Type (2019-2028)
9.2 Current and Estimated Sales Breakdown by Application (2019-2028)
9.3 Current and Estimated Revenue Breakdown by Type (2019-2028)
9.4 Current and Estimated Revenue Breakdown by Application (2019-2028)
10. Korea SINGLE-PHASE INDUCTION MOTOR Sales (2019-2028)
10.1 Current and Estimated Sales Breakdown by Type (2019-2028)
10.2 Current and Estimated Sales Breakdown by Application (2019-2028)
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 SINGLE-PHASE INDUCTION MOTOR Sales (2019-2028)
11.1 Current and Estimated Sales Breakdown by Type (2019-2028)
11.2 Current and Estimated Sales Breakdown by Application (2019-2028)
11.3 Current and Estimated Revenue Breakdown by Type (2019-2028)
11.4 Current and Estimated Revenue Breakdown by Application (2019-2028)
12. South America SINGLE-PHASE INDUCTION MOTOR Sales (2019-2028)
12.1 Current and Estimated Sales Breakdown by Type (2019-2028)
12.2 Current and Estimated Sales Breakdown by Application (2019-2028)
12.3 Current and Estimated Revenue Breakdown by Type (2019-2028)
12.4 Current and Estimated Revenue Breakdown by Application (2019-2028)
13. Global SINGLE-PHASE INDUCTION MOTOR Average Price Trend
13.1 Market Price for Each Type of SINGLE-PHASE INDUCTION MOTOR in US (2019-2023)
13.2 Market Price for Each Type of SINGLE-PHASE INDUCTION MOTOR in Europe (2019-2023)
13.3 Market Price for Each Type of SINGLE-PHASE INDUCTION MOTOR in China (2019-2023)
13.4 Market Price for Each Type of SINGLE-PHASE INDUCTION MOTOR in Japan (2019-2023)
13.5 Market Price for Each Type of SINGLE-PHASE INDUCTION MOTOR in India (2019-2023)
13.6 Market Price for Each Type of SINGLE-PHASE INDUCTION MOTOR in Korea (2019-2023)
13.7 Market Price for Each Type of SINGLE-PHASE INDUCTION MOTOR in Southeast Asia (2019-2023)
13.8 Market Price for Each Type of SINGLE-PHASE INDUCTION MOTOR in South America (2019-2023)
14. Industrial Chain (Impact of COVID-19)
14.1 SINGLE-PHASE INDUCTION MOTOR Industrial Chain Analysis
14.2 Downstream
14.3 Impact of COVID-19
14.4 Post-pandemic Era
14.5 Technology Trends of SINGLE-PHASE INDUCTION MOTOR
15. SINGLE-PHASE INDUCTION MOTOR Competitive Landscape
15.1 ABB(Switzerland)
15.1.1 ABB(Switzerland) Company Profiles
15.1.2 ABB(Switzerland) Product Introduction
15.1.3 ABB(Switzerland) SINGLE-PHASE INDUCTION MOTOR Sales, Revenue (2019-2023)
15.1.4 Strategic initiatives
15.2 Baldor Electric Company (US)
15.2.1 Baldor Electric Company (US) Company Profiles
15.2.2 Baldor Electric Company (US) Product Introduction
15.2.3 Baldor Electric Company (US) SINGLE-PHASE INDUCTION MOTOR Sales, Revenue (2019-2023)
15.2.4 Strategic initiatives
15.3 A.O. Smith Corporation(US)
15.3.1 A.O. Smith Corporation(US) Company Profiles
15.3.2 A.O. Smith Corporation(US) Product Introduction
15.3.3 A.O. Smith Corporation(US) SINGLE-PHASE INDUCTION MOTOR Sales, Revenue (2019-2023)
15.3.4 Strategic initiatives
15.4 Allied Motion Technologies(US)
15.4.1 Allied Motion Technologies(US) Company Profiles
15.4.2 Allied Motion Technologies(US) Product Introduction
15.4.3 Allied Motion Technologies(US) SINGLE-PHASE INDUCTION MOTOR Sales, Revenue (2019-2023)
15.4.4 Strategic initiatives
15.5 Franklin Electric(US)
15.5.1 Franklin Electric(US) Company Profiles
15.5.2 Franklin Electric(US) Product Introduction
15.5.3 Franklin Electric(US) SINGLE-PHASE INDUCTION MOTOR Sales, Revenue (2019-2023)
15.5.4 Strategic initiatives
15.6 General Electric Company (US)
15.6.1 General Electric Company (US) Company Profiles
15.6.2 General Electric Company (US) Product Introduction
15.6.3 General Electric Company (US) SINGLE-PHASE INDUCTION MOTOR Sales, Revenue (2019-2023)
15.6.4 Strategic initiatives
15.7 HBD Industries(US)
15.7.1 HBD Industries(US) Company Profiles
15.7.2 HBD Industries(US) Product Introduction
15.7.3 HBD Industries(US) SINGLE-PHASE INDUCTION MOTOR Sales, Revenue (2019-2023)
15.7.4 Strategic initiatives
15.8 Mitsubishi Electric(Japan)
15.8.1 Mitsubishi Electric(Japan) Company Profiles
15.8.2 Mitsubishi Electric(Japan) Product Introduction
15.8.3 Mitsubishi Electric(Japan) SINGLE-PHASE INDUCTION MOTOR Sales, Revenue (2019-2023)
15.8.4 Strategic initiatives
15.9 Nidec Corporation (Japan)
15.9.1 Nidec Corporation (Japan) Company Profiles
15.9.2 Nidec Corporation (Japan) Product Introduction
15.9.3 Nidec Corporation (Japan) SINGLE-PHASE INDUCTION MOTOR Sales, Revenue (2019-2023)
15.9.4 Strategic initiatives
15.10 Regal Beloit Corporation (US)
15.10.1 Regal Beloit Corporation (US) Company Profiles
15.10.2 Regal Beloit Corporation (US) Product Introduction
15.10.3 Regal Beloit Corporation (US) SINGLE-PHASE INDUCTION MOTOR Sales, Revenue (2019-2023)
15.10.4 Strategic initiatives
16. Conclusion
17. Methodology and Data Source
List of Tables and Figures
Figure 1. Total Sales by Application of SINGLE-PHASE INDUCTION MOTOR Industry (Volume)
Figure 2. SINGLE-PHASE INDUCTION MOTOR Sales by Regions in 2023
Figure 3. Regional Market Share in Terms of Revenue (2023&2028)
Figure 4. The Top 10 and 5 Players Market Share by SINGLE-PHASE INDUCTION MOTOR Revenue in 2023
Figure 5. US SINGLE-PHASE INDUCTION MOTOR Sales (2019-2028)
Figure 6. Sales Breakdown by Type (%)
Figure 7. Sales Breakdown by Type (%)
Figure 8. Sales Breakdown by Application (%)
Figure 9. Revenue Breakdown by Type (%)
Figure 10. Revenue Breakdown by Application (%)
Figure 11. Europe SINGLE-PHASE INDUCTION MOTOR Sales (2019-2028)
Figure 12. Sales Breakdown by Type (%)
Figure 13. Sales Breakdown by Type (%)
Figure 14. Sales Breakdown by Application (%)
Figure 15. Revenue Breakdown by Type (%)
Figure 16. Revenue Breakdown by Application (%)
Figure 17. China SINGLE-PHASE INDUCTION MOTOR Sales (2019-2028)
Figure 18. Sales Breakdown by Type (%)
Figure 19. Sales Breakdown by Type (%)
Figure 20. Sales 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 SINGLE-PHASE INDUCTION MOTOR Sales (2019-2028)
Figure 25. Sales Breakdown by Type (%)
Figure 26. Sales Breakdown by Type (%)
Figure 27. Sales Breakdown by Application (%)
Figure 28. Revenue Breakdown by Type (%)
Figure 29. Revenue Breakdown by Application (%)
Figure 30. India SINGLE-PHASE INDUCTION MOTOR Sales (2019-2028)
Figure 31. Sales Breakdown by Type (%)
Figure 32. Sales Breakdown by Type (%)
Figure 33. Sales Breakdown by Application (%)
Figure 34. Revenue Breakdown by Type (%)
Figure 35. Revenue Breakdown by Application (%)
Figure 36. Korea SINGLE-PHASE INDUCTION MOTOR Sales (2019-2028)
Figure 37. Sales Breakdown by Type (%)
Figure 38. Sales Breakdown by Type (%)
Figure 39. Sales Breakdown by Application (%)
Figure 40. Revenue Breakdown by Type (%)
Figure 41. Revenue Breakdown by Application (%)
Figure 42. Southeast Asia SINGLE-PHASE INDUCTION MOTOR Sales (2019-2028)
Figure 43. Current and Estimated Sales Breakdown by Type (2019-2028)
Figure 44. Sales Breakdown by Type (%)
Figure 45. Sales 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. SINGLE-PHASE INDUCTION MOTOR Revenue, by Type (Million USD) (2019-2028)
Table 4. SINGLE-PHASE INDUCTION MOTOR Sales, by Type (K Unit) (2019-2028)
Table 5. SINGLE-PHASE INDUCTION MOTOR Sales (K Unit) by Application (2019-2028)
Table 6. SINGLE-PHASE INDUCTION MOTOR Sales (Million USD) by Application (2019-2028)
Table 7. The Major Downstream Company in China
Table 8. Regional Market Share in Terms of Sales (2023)
Table 9. Regional Market Share in Terms of Revenue (2023&2028)
Table 10. Ranking of Global Top SINGLE-PHASE INDUCTION MOTOR Companies by Revenue, Concentration Ratio in 2023
Table 11. Mergers & Acquisitions, Expansion Plans
Table 12. US SINGLE-PHASE INDUCTION MOTOR Sales (K Unit), Market Revenue (Million USD) (2019-2028)
Table 13. Current and Estimated Sales Breakdown by Type (2019-2028)
Table 14. Current and Estimated Sales Breakdown by Type (2019-2028)
Table 15. Current and Estimated Sales 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 SINGLE-PHASE INDUCTION MOTOR Sales (K Unit), Market Revenue (Million USD) (2019-2028)
Table 19. Current and Estimated Sales Breakdown by Type (2019-2028)
Table 20. Current and Estimated Sales Breakdown by Type (2019-2028)
Table 21. Current and Estimated Sales 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 SINGLE-PHASE INDUCTION MOTOR Sales (K Unit), Market Revenue (Million USD) (2019-2028)
Table 25. Table Current and Estimated Sales Breakdown by Type
Table 26. Current and Estimated Sales Breakdown by Type
Table 27. Current and Estimated Sales Breakdown by Application
Table 28. Current and Estimated Revenue Breakdown by Application
Table 29. Japan SINGLE-PHASE INDUCTION MOTOR Sales (K Unit), Market Revenue (Million USD) (2019-2028)
Table 30. Current and Estimated Sales Breakdown by Type (2019-2028)
Table 31. Current and Estimated Sales Breakdown by Type (2019-2028)
Table 32. Current and Estimated Sales 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 SINGLE-PHASE INDUCTION MOTOR Sales (K Unit), Market Revenue (Million USD) (2019-2028)
Table 36. Current and Estimated Sales Breakdown by Type (2019-2028)
Table 37. Current and Estimated Sales Breakdown by Type (2019-2028)
Table 38. Current and Estimated Sales 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 SINGLE-PHASE INDUCTION MOTOR Sales (K Unit), Market Revenue (Million USD) (2019-2028)
Table 42. Current and Estimated Sales Breakdown by Type (2019-2028)
Table 43. Current and Estimated Sales Breakdown by Type (2019-2028)
Table 44. Current and Estimated Sales 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 SINGLE-PHASE INDUCTION MOTOR Sales (K Unit), Market Revenue (Million USD) (2019-2028)
Table 48. Table Current and Estimated Sales Breakdown by Type (2019-2028)
Table 49. Current and Estimated Sales 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 SINGLE-PHASE INDUCTION MOTOR in US (2019-2023)
Table 53. Market Price (USD/Unit) for Each Type of SINGLE-PHASE INDUCTION MOTOR in Europe (2019-2023)
Table 54. Market Price (USD/Unit) for Each Type of SINGLE-PHASE INDUCTION MOTOR in China (2019-2023)
Table 55. Market Price (USD/Unit) for Each Type of SINGLE-PHASE INDUCTION MOTOR in Japan (2019-2023)
Table 56. Market Price (USD/Unit) for Each Type of SINGLE-PHASE INDUCTION MOTOR in India (2019-2023)
Table 57. Market Price (USD/Unit) for Each Type of SINGLE-PHASE INDUCTION MOTOR in Korea (2019-2023)
Table 58. Market Price (USD/Unit) for Each Type of SINGLE-PHASE INDUCTION MOTOR in Southeast Asia (2019-2023)
Table 59. Key Downstream Customer in Each Application Field
Table 60. ABB(Switzerland) Profiles
Table 61. ABB(Switzerland) SINGLE-PHASE INDUCTION MOTOR Product Introduction
Table 62. ABB(Switzerland) SINGLE-PHASE INDUCTION MOTOR Sales (Unit), Revenue (Million USD) (2019-2023)
Table 63. ABB(Switzerland) Strategic initiatives
Table 64. Baldor Electric Company (US) Profiles
Table 65. Baldor Electric Company (US) SINGLE-PHASE INDUCTION MOTOR Product Introduction
Table 66. Baldor Electric Company (US) SINGLE-PHASE INDUCTION MOTOR Sales (Unit), Revenue (Million USD) (2019-2023)
Table 67. Baldor Electric Company (US) Strategic initiatives
Table 68. A.O. Smith Corporation(US) Profiles
Table 69. A.O. Smith Corporation(US) SINGLE-PHASE INDUCTION MOTOR Product Introduction
Table 70. A.O. Smith Corporation(US) SINGLE-PHASE INDUCTION MOTOR Sales (Unit), Revenue (Million USD) (2019-2023)
Table 71. A.O. Smith Corporation(US) Strategic initiatives
Table 72. Allied Motion Technologies(US) Profiles
Table 73. Allied Motion Technologies(US) SINGLE-PHASE INDUCTION MOTOR Product Introduction
Table 74. Allied Motion Technologies(US) SINGLE-PHASE INDUCTION MOTOR Sales (Unit), Revenue (Million USD) (2019-2023)
Table 75. Allied Motion Technologies(US) Strategic initiatives
Table 76. Franklin Electric(US) Profiles
Table 77. Franklin Electric(US) SINGLE-PHASE INDUCTION MOTOR Product Introduction
Table 78. Franklin Electric(US) SINGLE-PHASE INDUCTION MOTOR Sales (Unit), Revenue (Million USD) (2019-2023)
Table 79. Franklin Electric(US) Strategic initiatives
Table 80. General Electric Company (US) Profiles
Table 81. General Electric Company (US) SINGLE-PHASE INDUCTION MOTOR Product Introduction
Table 82. General Electric Company (US) SINGLE-PHASE INDUCTION MOTOR Sales (Unit), Revenue (Million USD) (2019-2023)
Table 83. General Electric Company (US) Strategic initiatives
Table 84. HBD Industries(US) Profiles
Table 85. HBD Industries(US) SINGLE-PHASE INDUCTION MOTOR Product Introduction
Table 86. HBD Industries(US) SINGLE-PHASE INDUCTION MOTOR Sales (Unit), Revenue (Million USD) (2019-2023)
Table 87. HBD Industries(US) Strategic initiatives
Table 88. Mitsubishi Electric(Japan) Profiles
Table 89. Mitsubishi Electric(Japan) SINGLE-PHASE INDUCTION MOTOR Product Introduction
Table 90. Mitsubishi Electric(Japan) SINGLE-PHASE INDUCTION MOTOR Sales (Unit), Revenue (Million USD) (2019-2023)
Table 91. Mitsubishi Electric(Japan) Strategic initiatives
Table 92. Nidec Corporation (Japan) Profiles
Table 93. Nidec Corporation (Japan) SINGLE-PHASE INDUCTION MOTOR Product Introduction
Table 94. Nidec Corporation (Japan) SINGLE-PHASE INDUCTION MOTOR Sales (Unit), Revenue (Million USD) (2019-2023)
Table 95. Nidec Corporation (Japan) Strategic initiatives
Table 97. Regal Beloit Corporation (US) Profiles
Table 98. Regal Beloit Corporation (US) SINGLE-PHASE INDUCTION MOTOR Product Introduction
Table 99. Regal Beloit Corporation (US) SINGLE-PHASE INDUCTION MOTOR Sales (Unit), Revenue (Million USD) (2019-2023)
Table 100. Regal Beloit Corporation (US) 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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