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 THREE-PHASE ASYNCHRONOUS MOTOR Market Segment Research Report 2023》, which aims to sort out the development status and trends of the THREE-PHASE ASYNCHRONOUS MOTOR industry at home and abroad, estimate the overall market scale of the THREE-PHASE ASYNCHRONOUS MOTOR industry and the market share of major countries, THREE-PHASE ASYNCHRONOUS MOTOR industry, and study and judge the downstream market demand of THREE-PHASE ASYNCHRONOUS MOTOR through systematic research, Analyze the competition pattern of THREE-PHASE ASYNCHRONOUS MOTOR, so as to help solve the pain points of various stakeholders in THREE-PHASE ASYNCHRONOUS 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 THREE-PHASE ASYNCHRONOUS MOTOR Market by VIC Research Include
USA
Europe
China
Japan
India
Korea
Southeast Asia
Competitive Analysis; Who are the Major Players in THREE-PHASE ASYNCHRONOUS MOTOR Market?
ABB Ltd. (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 THREE-PHASE ASYNCHRONOUS MOTOR Covered in VIC Research report:
Squirrel Cage Induction Motor
Slip Ring or Wound Rotor Induction Motor
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 THREE-PHASE ASYNCHRONOUS MOTOR Market Segment Research Report 2023
1. Research Scope
2. Market Overview
2.1 Product Introduction, Application, Picture
2.2 Global THREE-PHASE ASYNCHRONOUS MOTOR Market by Value
2.2.1 Global THREE-PHASE ASYNCHRONOUS MOTOR Revenue by Type
2.2.2 Global THREE-PHASE ASYNCHRONOUS MOTOR Market by Value (%)
2.3 Global THREE-PHASE ASYNCHRONOUS MOTOR Market by Production
2.3.1 Global THREE-PHASE ASYNCHRONOUS MOTOR Production by Type
2.3.2 Global THREE-PHASE ASYNCHRONOUS MOTOR Market by Production (%)
3. The Major Driver of THREE-PHASE ASYNCHRONOUS MOTOR Industry
3.1 Historical & Forecast Global THREE-PHASE ASYNCHRONOUS MOTOR Demand
3.2 Largest Application for THREE-PHASE ASYNCHRONOUS MOTOR (2019-2028)
3.3 The Major Downstream Company in China Market 2023
4. Global and Regional THREE-PHASE ASYNCHRONOUS MOTOR 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 THREE-PHASE ASYNCHRONOUS MOTOR Market
4.4 Mergers & Acquisitions, Expansion Plans
5. US THREE-PHASE ASYNCHRONOUS MOTOR 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 THREE-PHASE ASYNCHRONOUS MOTOR 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 THREE-PHASE ASYNCHRONOUS MOTOR 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 THREE-PHASE ASYNCHRONOUS MOTOR 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 THREE-PHASE ASYNCHRONOUS MOTOR 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 THREE-PHASE ASYNCHRONOUS MOTOR 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 THREE-PHASE ASYNCHRONOUS MOTOR 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 THREE-PHASE ASYNCHRONOUS MOTOR Average Price Trend
12.1 Market Price for Each Type of THREE-PHASE ASYNCHRONOUS MOTOR in US (2019-2023)
12.2 Market Price for Each Type of THREE-PHASE ASYNCHRONOUS MOTOR in Europe (2019-2023)
12.3 Market Price for Each Type of THREE-PHASE ASYNCHRONOUS MOTOR in China (2019-2023)
12.4 Market Price for Each Type of THREE-PHASE ASYNCHRONOUS MOTOR in Japan (2019-2023)
12.5 Market Price for Each Type of THREE-PHASE ASYNCHRONOUS MOTOR in India (2019-2023)
12.6 Market Price for Each Type of THREE-PHASE ASYNCHRONOUS MOTOR in Korea (2019-2023)
12.7 Market Price for Each Type of THREE-PHASE ASYNCHRONOUS MOTOR in Southeast Asia (2019-2023)
13. Industrial Chain (Impact of COVID-19)
13.1 THREE-PHASE ASYNCHRONOUS MOTOR Industrial Chain Analysis
13.2 Downstream
13.3 Impact of COVID-19
13.4 Post-pandemic Era
13.5 Technology Trends of THREE-PHASE ASYNCHRONOUS MOTOR
14. THREE-PHASE ASYNCHRONOUS MOTOR Competitive Landscape
14.1 ABB Ltd. (Switzerland)
14.1.1 ABB Ltd. (Switzerland) Company Profiles
14.1.2 ABB Ltd. (Switzerland) Product Introduction
14.1.3 ABB Ltd. (Switzerland) THREE-PHASE ASYNCHRONOUS MOTOR Production, Revenue (2019-2023)
14.1.4 Strategic initiatives
14.2 Baldor Electric Company (US)
14.2.1 Baldor Electric Company (US) Company Profiles
14.2.2 Baldor Electric Company (US) Product Introduction
14.2.3 Baldor Electric Company (US) THREE-PHASE ASYNCHRONOUS MOTOR Production, Revenue (2019-2023)
14.2.4 Strategic initiatives
14.3 A.O. Smith Corporation (US)
14.3.1 A.O. Smith Corporation (US) Company Profiles
14.3.2 A.O. Smith Corporation (US) Product Introduction
14.3.3 A.O. Smith Corporation (US) THREE-PHASE ASYNCHRONOUS MOTOR Production, Revenue (2019-2023)
14.3.4 Strategic initiatives
14.4 Allied Motion Technologies(US)
14.4.1 Allied Motion Technologies(US) Company Profiles
14.4.2 Allied Motion Technologies(US) Product Introduction
14.4.3 Allied Motion Technologies(US) THREE-PHASE ASYNCHRONOUS MOTOR Production, Revenue (2019-2023)
14.4.4 Strategic initiatives
14.5 Franklin Electric(US)
14.5.1 Franklin Electric(US) Company Profiles
14.5.2 Franklin Electric(US) Product Introduction
14.5.3 Franklin Electric(US) THREE-PHASE ASYNCHRONOUS MOTOR Production, Revenue (2019-2023)
14.5.4 Strategic initiatives
14.6 General Electric Company (US)
14.6.1 General Electric Company (US) Company Profiles
14.6.2 General Electric Company (US) Product Introduction
14.6.3 General Electric Company (US) THREE-PHASE ASYNCHRONOUS MOTOR Production, Revenue (2019-2023)
14.6.4 Strategic initiatives
14.7 HBD Industries(US)
14.7.1 HBD Industries(US) Company Profiles
14.7.2 HBD Industries(US) Product Introduction
14.7.3 HBD Industries(US) THREE-PHASE ASYNCHRONOUS MOTOR Production, Revenue (2019-2023)
14.7.4 Strategic initiatives
14.8 Mitsubishi Electric(Japan)
14.8.1 Mitsubishi Electric(Japan) Company Profiles
14.8.2 Mitsubishi Electric(Japan) Product Introduction
14.8.3 Mitsubishi Electric(Japan) THREE-PHASE ASYNCHRONOUS MOTOR Production, Revenue (2019-2023)
14.8.4 Strategic initiatives
14.9 Nidec Corporation (Japan)
14.9.1 Nidec Corporation (Japan) Company Profiles
14.9.2 Nidec Corporation (Japan) Product Introduction
14.9.3 Nidec Corporation (Japan) THREE-PHASE ASYNCHRONOUS MOTOR Production, Revenue (2019-2023)
14.9.4 Strategic initiatives
14.10 Regal Beloit Corporation (US)
14.10.1 Regal Beloit Corporation (US) Company Profiles
14.10.2 Regal Beloit Corporation (US) Product Introduction
14.10.3 Regal Beloit Corporation (US) THREE-PHASE ASYNCHRONOUS MOTOR Production, Revenue (2019-2023)
14.10.4 Strategic initiatives
15. Conclusion
16. Methodology and Data Source
List of Tables and Figures
Figure 1. Total Demand by Application of THREE-PHASE ASYNCHRONOUS MOTOR Industry (Volume)
Figure 2. THREE-PHASE ASYNCHRONOUS MOTOR 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 THREE-PHASE ASYNCHRONOUS MOTOR Revenue in 2023
Figure 5. US THREE-PHASE ASYNCHRONOUS MOTOR 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 THREE-PHASE ASYNCHRONOUS MOTOR 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 THREE-PHASE ASYNCHRONOUS MOTOR 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 THREE-PHASE ASYNCHRONOUS MOTOR 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 THREE-PHASE ASYNCHRONOUS MOTOR 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 THREE-PHASE ASYNCHRONOUS MOTOR 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 THREE-PHASE ASYNCHRONOUS MOTOR 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. THREE-PHASE ASYNCHRONOUS MOTOR Revenue, by Type (Million USD) (2019-2028)
Table 4. THREE-PHASE ASYNCHRONOUS MOTOR Production, by Type (K Unit) (2019-2028)
Table 5. THREE-PHASE ASYNCHRONOUS MOTOR Demand (K Unit) by Application (2019-2028)
Table 6. THREE-PHASE ASYNCHRONOUS MOTOR 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 THREE-PHASE ASYNCHRONOUS MOTOR Companies by Revenue, Concentration Ratio in 2023
Table 11. Mergers & Acquisitions, Expansion Plans
Table 12. US THREE-PHASE ASYNCHRONOUS MOTOR 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 THREE-PHASE ASYNCHRONOUS MOTOR 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 THREE-PHASE ASYNCHRONOUS MOTOR 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 THREE-PHASE ASYNCHRONOUS MOTOR 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 THREE-PHASE ASYNCHRONOUS MOTOR 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 THREE-PHASE ASYNCHRONOUS MOTOR 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 THREE-PHASE ASYNCHRONOUS MOTOR 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 THREE-PHASE ASYNCHRONOUS MOTOR in US (2019-2023)
Table 53. Market Price (USD/Unit) for Each Type of THREE-PHASE ASYNCHRONOUS MOTOR in Europe (2019-2023)
Table 54. Market Price (USD/Unit) for Each Type of THREE-PHASE ASYNCHRONOUS MOTOR in China (2019-2023)
Table 55. Market Price (USD/Unit) for Each Type of THREE-PHASE ASYNCHRONOUS MOTOR in Japan (2019-2023)
Table 56. Market Price (USD/Unit) for Each Type of THREE-PHASE ASYNCHRONOUS MOTOR in India (2019-2023)
Table 57. Market Price (USD/Unit) for Each Type of THREE-PHASE ASYNCHRONOUS MOTOR in Korea (2019-2023)
Table 58. Market Price (USD/Unit) for Each Type of THREE-PHASE ASYNCHRONOUS MOTOR in Southeast Asia (2019-2023)
Table 59. Key Downstream Customer in Each Application Field
Table 60. ABB Ltd. (Switzerland) Profiles
Table 61. ABB Ltd. (Switzerland) THREE-PHASE ASYNCHRONOUS MOTOR Product Introduction
Table 62. ABB Ltd. (Switzerland) THREE-PHASE ASYNCHRONOUS MOTOR Production (Unit), Revenue (Million USD) (2019-2023)
Table 63. ABB Ltd. (Switzerland) Strategic initiatives
Table 64. Baldor Electric Company (US) Profiles
Table 65. Baldor Electric Company (US) THREE-PHASE ASYNCHRONOUS MOTOR Product Introduction
Table 66. Baldor Electric Company (US) THREE-PHASE ASYNCHRONOUS MOTOR Production (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) THREE-PHASE ASYNCHRONOUS MOTOR Product Introduction
Table 70. A.O. Smith Corporation (US) THREE-PHASE ASYNCHRONOUS MOTOR Production (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) THREE-PHASE ASYNCHRONOUS MOTOR Product Introduction
Table 74. Allied Motion Technologies(US) THREE-PHASE ASYNCHRONOUS MOTOR Production (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) THREE-PHASE ASYNCHRONOUS MOTOR Product Introduction
Table 78. Franklin Electric(US) THREE-PHASE ASYNCHRONOUS MOTOR Production (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) THREE-PHASE ASYNCHRONOUS MOTOR Product Introduction
Table 82. General Electric Company (US) THREE-PHASE ASYNCHRONOUS MOTOR Production (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) THREE-PHASE ASYNCHRONOUS MOTOR Product Introduction
Table 86. HBD Industries(US) THREE-PHASE ASYNCHRONOUS MOTOR Production (Unit), Revenue (Million USD) (2019-2023)
Table 87. HBD Industries(US) Strategic initiatives
Table 88. Mitsubishi Electric(Japan) Profiles
Table 89. Mitsubishi Electric(Japan) THREE-PHASE ASYNCHRONOUS MOTOR Product Introduction
Table 90. Mitsubishi Electric(Japan) THREE-PHASE ASYNCHRONOUS MOTOR Production (Unit), Revenue (Million USD) (2019-2023)
Table 91. Mitsubishi Electric(Japan) Strategic initiatives
Table 92. Nidec Corporation (Japan) Profiles
Table 93. Nidec Corporation (Japan) THREE-PHASE ASYNCHRONOUS MOTOR Product Introduction
Table 94. Nidec Corporation (Japan) THREE-PHASE ASYNCHRONOUS MOTOR Production (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) THREE-PHASE ASYNCHRONOUS MOTOR Product Introduction
Table 99. Regal Beloit Corporation (US) THREE-PHASE ASYNCHRONOUS MOTOR Production (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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