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 TV Mounts Market Segment Research Report 2023》, which aims to sort out the development status and trends of the TV Mounts industry at home and abroad, estimate the overall market scale of the TV Mounts industry and the market share of major countries, TV Mounts industry, and study and judge the downstream market demand of TV Mounts through systematic research, Analyze the competition pattern of TV Mounts, so as to help solve the pain points of various stakeholders in TV Mounts 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 TV Mounts Market by VIC Research Include
USA
Europe
China
Japan
India
Korea
Southeast Asia
Competitive Analysis; Who are the Major Players in TV Mounts Market?
AVF
Milestone
Locteck
Dynex
VideoSecu
Cinemount
Peerless
Husky Mount
Levelmount
OmniMount
LUMI LEGEND
North Bayou
Ningbo Tianqi
OSD Audio
Atdec
Crimson
ZILLA
Changzhou Yuming
Shenzhen Xinadda
Premier Mounts
Swiftmount
Daveco
Kanto
MW Products
Qidong Vision
Ruian QM
Lilong
Yuyao Yuda
KINGSTAR DISPLAYS
Fenghua Yuanfan
Major Type of TV Mounts Covered in VIC Research report:
Adjustable TV Mount
Fixed TV Mount
Others
Application Segments Covered in VIC Research Market
Commercial Use
Residential Use
Others
For any other requirements, please feel free to contact us and we will provide you customized report.
Table of Contents
Global TV Mounts Market Segment Research Report 2023
1. Research Scope
2. Market Overview
2.1 Product Introduction, Application, Picture
2.2 Global TV Mounts Market by Value
2.2.1 Global TV Mounts Revenue by Type
2.2.2 Global TV Mounts Market by Value
2.3 Global TV Mounts Market by Sales
2.3.1 Global TV Mounts Sales by Type
2.3.2 Global TV Mounts Market by Sales
3. The Major Driver of TV Mounts Industry
3.1 Historical & Forecast Global TV Mounts Sales and Revenue (2019-2028)
3.2 Largest Application for TV Mounts (2019-2028)
3.3 The Major Downstream Company in China Market 2023
4. Global and Regional TV Mounts 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 TV Mounts Market
4.4 Mergers & Acquisitions, Expansion Plans
5. US TV Mounts 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 TV Mounts 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 TV Mounts 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 TV Mounts 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 TV Mounts 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 TV Mounts 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 TV Mounts 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 TV Mounts 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 TV Mounts Average Price Trend
13.1 Market Price for Each Type of TV Mounts in US (2019-2023)
13.2 Market Price for Each Type of TV Mounts in Europe (2019-2023)
13.3 Market Price for Each Type of TV Mounts in China (2019-2023)
13.4 Market Price for Each Type of TV Mounts in Japan (2019-2023)
13.5 Market Price for Each Type of TV Mounts in India (2019-2023)
13.6 Market Price for Each Type of TV Mounts in Korea (2019-2023)
13.7 Market Price for Each Type of TV Mounts in Southeast Asia (2019-2023)
13.8 Market Price for Each Type of TV Mounts in South America (2019-2023)
14. Industrial Chain (Impact of COVID-19)
14.1 TV Mounts Industrial Chain Analysis
14.2 Downstream
14.3 Impact of COVID-19
14.4 Post-pandemic Era
14.5 Technology Trends of TV Mounts
15. TV Mounts Competitive Landscape
15.1 AVF
15.1.1 AVF Company Profiles
15.1.2 AVF Product Introduction
15.1.3 AVF TV Mounts Sales, Revenue (2019-2023)
15.1.4 Strategic initiatives
15.2 Milestone
15.2.1 Milestone Company Profiles
15.2.2 Milestone Product Introduction
15.2.3 Milestone TV Mounts Sales, Revenue (2019-2023)
15.2.4 Strategic initiatives
15.3 Locteck
15.3.1 Locteck Company Profiles
15.3.2 Locteck Product Introduction
15.3.3 Locteck TV Mounts Sales, Revenue (2019-2023)
15.3.4 Strategic initiatives
15.4 Dynex
15.4.1 Dynex Company Profiles
15.4.2 Dynex Product Introduction
15.4.3 Dynex TV Mounts Sales, Revenue (2019-2023)
15.4.4 Strategic initiatives
15.5 VideoSecu
15.5.1 VideoSecu Company Profiles
15.5.2 VideoSecu Product Introduction
15.5.3 VideoSecu TV Mounts Sales, Revenue (2019-2023)
15.5.4 Strategic initiatives
15.6 Cinemount
15.6.1 Cinemount Company Profiles
15.6.2 Cinemount Product Introduction
15.6.3 Cinemount TV Mounts Sales, Revenue (2019-2023)
15.6.4 Strategic initiatives
15.7 Peerless
15.7.1 Peerless Company Profiles
15.7.2 Peerless Product Introduction
15.7.3 Peerless TV Mounts Sales, Revenue (2019-2023)
15.7.4 Strategic initiatives
15.8 Husky Mount
15.8.1 Husky Mount Company Profiles
15.8.2 Husky Mount Product Introduction
15.8.3 Husky Mount TV Mounts Sales, Revenue (2019-2023)
15.8.4 Strategic initiatives
15.9 Levelmount
15.9.1 Levelmount Company Profiles
15.9.2 Levelmount Product Introduction
15.9.3 Levelmount TV Mounts Sales, Revenue (2019-2023)
15.9.4 Strategic initiatives
15.10 OmniMount
15.10.1 OmniMount Company Profiles
15.10.2 OmniMount Product Introduction
15.10.3 OmniMount TV Mounts Sales, Revenue (2019-2023)
15.10.4 Strategic initiatives
15.11 LUMI LEGEND
15.12 North Bayou
15.13 Ningbo Tianqi
15.14 OSD Audio
15.15 Atdec
15.16 Crimson
15.17 ZILLA
15.18 Changzhou Yuming
15.19 Shenzhen Xinadda
15.20 Premier Mounts
15.21 Swiftmount
15.22 Daveco
15.23 Kanto
15.24 MW Products
15.25 Qidong Vision
15.26 Ruian QM
15.27 Lilong
15.28 Yuyao Yuda
15.29 KINGSTAR DISPLAYS
15.30 Fenghua Yuanfan
16. Conclusion
17. Methodology and Data Source
List of Tables and Figures
Figure 1. Total Sales by Application of TV Mounts Industry (Volume)
Figure 2. TV Mounts 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 TV Mounts Revenue in 2023
Figure 5. US TV Mounts 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 TV Mounts 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 TV Mounts 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 TV Mounts 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 TV Mounts 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 TV Mounts 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 TV Mounts 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. TV Mounts Revenue, by Type (Million USD) (2019-2028)
Table 4. TV Mounts Sales, by Type (K Unit) (2019-2028)
Table 5. TV Mounts Sales (K Unit) by Application (2019-2028)
Table 6. TV Mounts 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 TV Mounts Companies by Revenue, Concentration Ratio in 2023
Table 11. Mergers & Acquisitions, Expansion Plans
Table 12. US TV Mounts 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 TV Mounts 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 TV Mounts 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 TV Mounts 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 TV Mounts 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 TV Mounts 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 TV Mounts 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 TV Mounts in US (2019-2023)
Table 53. Market Price (USD/Unit) for Each Type of TV Mounts in Europe (2019-2023)
Table 54. Market Price (USD/Unit) for Each Type of TV Mounts in China (2019-2023)
Table 55. Market Price (USD/Unit) for Each Type of TV Mounts in Japan (2019-2023)
Table 56. Market Price (USD/Unit) for Each Type of TV Mounts in India (2019-2023)
Table 57. Market Price (USD/Unit) for Each Type of TV Mounts in Korea (2019-2023)
Table 58. Market Price (USD/Unit) for Each Type of TV Mounts in Southeast Asia (2019-2023)
Table 59. Key Downstream Customer in Each Application Field
Table 60. AVF Profiles
Table 61. AVF TV Mounts Product Introduction
Table 62. AVF TV Mounts Sales (Unit), Revenue (Million USD) (2019-2023)
Table 63. AVF Strategic initiatives
Table 64. Milestone Profiles
Table 65. Milestone TV Mounts Product Introduction
Table 66. Milestone TV Mounts Sales (Unit), Revenue (Million USD) (2019-2023)
Table 67. Milestone Strategic initiatives
Table 68. Locteck Profiles
Table 69. Locteck TV Mounts Product Introduction
Table 70. Locteck TV Mounts Sales (Unit), Revenue (Million USD) (2019-2023)
Table 71. Locteck Strategic initiatives
Table 72. Dynex Profiles
Table 73. Dynex TV Mounts Product Introduction
Table 74. Dynex TV Mounts Sales (Unit), Revenue (Million USD) (2019-2023)
Table 75. Dynex Strategic initiatives
Table 76. VideoSecu Profiles
Table 77. VideoSecu TV Mounts Product Introduction
Table 78. VideoSecu TV Mounts Sales (Unit), Revenue (Million USD) (2019-2023)
Table 79. VideoSecu Strategic initiatives
Table 80. Cinemount Profiles
Table 81. Cinemount TV Mounts Product Introduction
Table 82. Cinemount TV Mounts Sales (Unit), Revenue (Million USD) (2019-2023)
Table 83. Cinemount Strategic initiatives
Table 84. Peerless Profiles
Table 85. Peerless TV Mounts Product Introduction
Table 86. Peerless TV Mounts Sales (Unit), Revenue (Million USD) (2019-2023)
Table 87. Peerless Strategic initiatives
Table 88. Husky Mount Profiles
Table 89. Husky Mount TV Mounts Product Introduction
Table 90. Husky Mount TV Mounts Sales (Unit), Revenue (Million USD) (2019-2023)
Table 91. Husky Mount Strategic initiatives
Table 92. Levelmount Profiles
Table 93. Levelmount TV Mounts Product Introduction
Table 94. Levelmount TV Mounts Sales (Unit), Revenue (Million USD) (2019-2023)
Table 95. Levelmount Strategic initiatives
Table 97. OmniMount Profiles
Table 98. OmniMount TV Mounts Product Introduction
Table 99. OmniMount TV Mounts Sales (Unit), Revenue (Million USD) (2019-2023)
Table 100. OmniMount Strategic initiatives
Table 101. LUMI LEGEND Profiles
Table 102. LUMI LEGEND TV Mounts Product Introduction
Table 103. LUMI LEGEND TV Mounts Sales (Unit), Revenue (Million USD) (2019-2023)
Table 104. LUMI LEGEND Strategic initiatives
Table 105. North Bayou Profiles
Table 106. North Bayou TV Mounts Product Introduction
Table 107. North Bayou TV Mounts Sales (Unit), Revenue (Million USD) (2019-2023)
Table 108. North Bayou Strategic initiatives
Table 109. Ningbo Tianqi Profiles
Table 110. Ningbo Tianqi TV Mounts Product Introduction
Table 111. Ningbo Tianqi TV Mounts Sales (Unit), Revenue (Million USD) (2019-2023)
Table 112. Ningbo Tianqi Strategic initiatives
Table 113. OSD Audio Profiles
Table 114. OSD Audio TV Mounts Product Introduction
Table 115. OSD Audio TV Mounts Sales (Unit), Revenue (Million USD) (2019-2023)
Table 116. OSD Audio Strategic initiatives
Table 117. Atdec Profiles
Table 118. Atdec TV Mounts Product Introduction
Table 119. Atdec TV Mounts Sales (Unit), Revenue (Million USD) (2019-2023)
Table 120. Atdec Strategic initiatives
Table 121. Crimson Profiles
Table 122. Crimson TV Mounts Product Introduction
Table 123. Crimson TV Mounts Sales (Unit), Revenue (Million USD) (2019-2023)
Table 124. Crimson Strategic initiatives
Table 125. ZILLA Profiles
Table 126. ZILLA TV Mounts Product Introduction
Table 127. ZILLA TV Mounts Sales (Unit), Revenue (Million USD) (2019-2023)
Table 128. ZILLA Strategic initiatives
Table 129. Changzhou Yuming Profiles
Table 130. Changzhou Yuming TV Mounts Product Introduction
Table 131. Changzhou Yuming TV Mounts Sales (Unit), Revenue (Million USD) (2019-2023)
Table 132. Changzhou Yuming Strategic initiatives
Table 133. Shenzhen Xinadda Profiles
Table 134. Shenzhen Xinadda TV Mounts Product Introduction
Table 135. Shenzhen Xinadda TV Mounts Sales (Unit), Revenue (Million USD) (2019-2023)
Table 136. Shenzhen Xinadda Strategic initiatives
Table 137. Premier Mounts Profiles
Table 138. Premier Mounts TV Mounts Product Introduction
Table 139. Premier Mounts TV Mounts Sales (Unit), Revenue (Million USD) (2019-2023)
Table 140. Premier Mounts Strategic initiatives
Table 141. Swiftmount Profiles
Table 142. Swiftmount TV Mounts Product Introduction
Table 143. Swiftmount TV Mounts Sales (Unit), Revenue (Million USD) (2019-2023)
Table 144. Swiftmount Strategic initiatives
Table 145. Daveco Profiles
Table 146. Daveco TV Mounts Product Introduction
Table 147. Daveco TV Mounts Sales (Unit), Revenue (Million USD) (2019-2023)
Table 148. Daveco Strategic initiatives
Table 149. Kanto Profiles
Table 150. Kanto TV Mounts Product Introduction
Table 151. Kanto TV Mounts Sales (Unit), Revenue (Million USD) (2019-2023)
Table 152. Kanto Strategic initiatives
Table 153. MW Products Profiles
Table 154. MW Products TV Mounts Product Introduction
Table 155. MW Products TV Mounts Sales (Unit), Revenue (Million USD) (2019-2023)
Table 156. MW Products Strategic initiatives
Table 157. Qidong Vision Profiles
Table 158. Qidong Vision TV Mounts Product Introduction
Table 159. Qidong Vision TV Mounts Sales (Unit), Revenue (Million USD) (2019-2023)
Table 160. Qidong Vision Strategic initiatives
Table 161. Ruian QM Profiles
Table 162. Ruian QM TV Mounts Product Introduction
Table 163. Ruian QM TV Mounts Sales (Unit), Revenue (Million USD) (2019-2023)
Table 164. Ruian QM Strategic initiatives
Table 165. Lilong Profiles
Table 166. Lilong TV Mounts Product Introduction
Table 167. Lilong TV Mounts Sales (Unit), Revenue (Million USD) (2019-2023)
Table 168. Lilong Strategic initiatives
Table 169. Yuyao Yuda Profiles
Table 170. Yuyao Yuda TV Mounts Product Introduction
Table 171. Yuyao Yuda TV Mounts Sales (Unit), Revenue (Million USD) (2019-2023)
Table 172. Yuyao Yuda Strategic initiatives
Table 173. KINGSTAR DISPLAYS Profiles
Table 174. KINGSTAR DISPLAYS TV Mounts Product Introduction
Table 175. KINGSTAR DISPLAYS TV Mounts Sales (Unit), Revenue (Million USD) (2019-2023)
Table 176. KINGSTAR DISPLAYS Strategic initiatives
Table 177. Fenghua Yuanfan Profiles
Table 178. Fenghua Yuanfan TV Mounts Product Introduction
Table 179. Fenghua Yuanfan TV Mounts Sales (Unit), Revenue (Million USD) (2019-2023)
Table 180. Fenghua Yuanfan 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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