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 Wire Rope Hoists Market Segment Research Report 2023》, which aims to sort out the development status and trends of the Wire Rope Hoists industry at home and abroad, estimate the overall market scale of the Wire Rope Hoists industry and the market share of major countries, Wire Rope Hoists industry, and study and judge the downstream market demand of Wire Rope Hoists through systematic research, Analyze the competition pattern of Wire Rope Hoists, so as to help solve the pain points of various stakeholders in Wire Rope Hoists 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 Wire Rope Hoists Market by VIC Research Include
USA
Europe
China
Japan
India
Korea
Southeast Asia
Competitive Analysis; Who are the Major Players in Wire Rope Hoists Market?
Columbus McKinnon
Kito
Terex
Konecranes
Ingersoll Rand
Tractel
Planeta
Hitachi
Kawasaki
J.D. Neuhaus
TOYO
ABUS Crane Systems
Imer International
Verlinde
Daesan
Able Forge
Endo Kogyo
Shanghai Yiying
Xi'an Liba
TBM
Zhejiang Wuyi Machinery
Beijing Lingying
Nanjing Jingming
Nucleon (Xinxiang)
Major Type of Wire Rope Hoists Covered in VIC Research report:
Electric Wire Rope Hoists
Air Power Wire Rope Hoists
Application Segments Covered in VIC Research Market
Machinery Manufacturing
Logistics
Bridge Construction
Other
For any other requirements, please feel free to contact us and we will provide you customized report.
Table of Contents
Global Wire Rope Hoists Market Segment Research Report 2023
1. Research Scope
2. Market Overview
2.1 Product Introduction, Application, Picture
2.2 Global Wire Rope Hoists Market by Value
2.2.1 Global Wire Rope Hoists Revenue by Type
2.2.2 Global Wire Rope Hoists Market by Value (%)
2.3 Global Wire Rope Hoists Market by Production
2.3.1 Global Wire Rope Hoists Production by Type
2.3.2 Global Wire Rope Hoists Market by Production (%)
3. The Major Driver of Wire Rope Hoists Industry
3.1 Historical & Forecast Global Wire Rope Hoists Demand
3.2 Largest Application for Wire Rope Hoists (2019-2028)
3.3 The Major Downstream Company in China Market 2023
4. Global and Regional Wire Rope Hoists 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 Wire Rope Hoists Market
4.4 Mergers & Acquisitions, Expansion Plans
5. US Wire Rope Hoists 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 Wire Rope Hoists 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 Wire Rope Hoists 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 Wire Rope Hoists 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 Wire Rope Hoists 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 Wire Rope Hoists 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 Wire Rope Hoists 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 Wire Rope Hoists Average Price Trend
12.1 Market Price for Each Type of Wire Rope Hoists in US (2019-2023)
12.2 Market Price for Each Type of Wire Rope Hoists in Europe (2019-2023)
12.3 Market Price for Each Type of Wire Rope Hoists in China (2019-2023)
12.4 Market Price for Each Type of Wire Rope Hoists in Japan (2019-2023)
12.5 Market Price for Each Type of Wire Rope Hoists in India (2019-2023)
12.6 Market Price for Each Type of Wire Rope Hoists in Korea (2019-2023)
12.7 Market Price for Each Type of Wire Rope Hoists in Southeast Asia (2019-2023)
13. Industrial Chain (Impact of COVID-19)
13.1 Wire Rope Hoists Industrial Chain Analysis
13.2 Downstream
13.3 Impact of COVID-19
13.4 Post-pandemic Era
13.5 Technology Trends of Wire Rope Hoists
14. Wire Rope Hoists Competitive Landscape
14.1 Columbus McKinnon
14.1.1 Columbus McKinnon Company Profiles
14.1.2 Columbus McKinnon Product Introduction
14.1.3 Columbus McKinnon Wire Rope Hoists Production, Revenue (2019-2023)
14.1.4 Strategic initiatives
14.2 Kito
14.2.1 Kito Company Profiles
14.2.2 Kito Product Introduction
14.2.3 Kito Wire Rope Hoists Production, Revenue (2019-2023)
14.2.4 Strategic initiatives
14.3 Terex
14.3.1 Terex Company Profiles
14.3.2 Terex Product Introduction
14.3.3 Terex Wire Rope Hoists Production, Revenue (2019-2023)
14.3.4 Strategic initiatives
14.4 Konecranes
14.4.1 Konecranes Company Profiles
14.4.2 Konecranes Product Introduction
14.4.3 Konecranes Wire Rope Hoists Production, Revenue (2019-2023)
14.4.4 Strategic initiatives
14.5 Ingersoll Rand
14.5.1 Ingersoll Rand Company Profiles
14.5.2 Ingersoll Rand Product Introduction
14.5.3 Ingersoll Rand Wire Rope Hoists Production, Revenue (2019-2023)
14.5.4 Strategic initiatives
14.6 Tractel
14.6.1 Tractel Company Profiles
14.6.2 Tractel Product Introduction
14.6.3 Tractel Wire Rope Hoists Production, Revenue (2019-2023)
14.6.4 Strategic initiatives
14.7 Planeta
14.7.1 Planeta Company Profiles
14.7.2 Planeta Product Introduction
14.7.3 Planeta Wire Rope Hoists Production, Revenue (2019-2023)
14.7.4 Strategic initiatives
14.8 Hitachi
14.8.1 Hitachi Company Profiles
14.8.2 Hitachi Product Introduction
14.8.3 Hitachi Wire Rope Hoists Production, Revenue (2019-2023)
14.8.4 Strategic initiatives
14.9 Kawasaki
14.9.1 Kawasaki Company Profiles
14.9.2 Kawasaki Product Introduction
14.9.3 Kawasaki Wire Rope Hoists Production, Revenue (2019-2023)
14.9.4 Strategic initiatives
14.10 J.D. Neuhaus
14.10.1 J.D. Neuhaus Company Profiles
14.10.2 J.D. Neuhaus Product Introduction
14.10.3 J.D. Neuhaus Wire Rope Hoists Production, Revenue (2019-2023)
14.10.4 Strategic initiatives
14.11 TOYO
14.12 ABUS Crane Systems
14.13 Imer International
14.14 Verlinde
14.15 Daesan
14.16 Able Forge
14.17 Endo Kogyo
14.18 Shanghai Yiying
14.19 Xi'an Liba
14.20 TBM
14.21 Zhejiang Wuyi Machinery
14.22 Beijing Lingying
14.23 Nanjing Jingming
14.24 Nucleon (Xinxiang)
15. Conclusion
16. Methodology and Data Source
List of Tables and Figures
Figure 1. Total Demand by Application of Wire Rope Hoists Industry (Volume)
Figure 2. Wire Rope Hoists 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 Wire Rope Hoists Revenue in 2023
Figure 5. US Wire Rope Hoists 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 Wire Rope Hoists 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 Wire Rope Hoists 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 Wire Rope Hoists 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 Wire Rope Hoists 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 Wire Rope Hoists 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 Wire Rope Hoists 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. Wire Rope Hoists Revenue, by Type (Million USD) (2019-2028)
Table 4. Wire Rope Hoists Production, by Type (K Unit) (2019-2028)
Table 5. Wire Rope Hoists Demand (K Unit) by Application (2019-2028)
Table 6. Wire Rope Hoists 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 Wire Rope Hoists Companies by Revenue, Concentration Ratio in 2023
Table 11. Mergers & Acquisitions, Expansion Plans
Table 12. US Wire Rope Hoists 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 Wire Rope Hoists 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 Wire Rope Hoists 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 Wire Rope Hoists 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 Wire Rope Hoists 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 Wire Rope Hoists 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 Wire Rope Hoists 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 Wire Rope Hoists in US (2019-2023)
Table 53. Market Price (USD/Unit) for Each Type of Wire Rope Hoists in Europe (2019-2023)
Table 54. Market Price (USD/Unit) for Each Type of Wire Rope Hoists in China (2019-2023)
Table 55. Market Price (USD/Unit) for Each Type of Wire Rope Hoists in Japan (2019-2023)
Table 56. Market Price (USD/Unit) for Each Type of Wire Rope Hoists in India (2019-2023)
Table 57. Market Price (USD/Unit) for Each Type of Wire Rope Hoists in Korea (2019-2023)
Table 58. Market Price (USD/Unit) for Each Type of Wire Rope Hoists in Southeast Asia (2019-2023)
Table 59. Key Downstream Customer in Each Application Field
Table 60. Columbus McKinnon Profiles
Table 61. Columbus McKinnon Wire Rope Hoists Product Introduction
Table 62. Columbus McKinnon Wire Rope Hoists Production (Unit), Revenue (Million USD) (2019-2023)
Table 63. Columbus McKinnon Strategic initiatives
Table 64. Kito Profiles
Table 65. Kito Wire Rope Hoists Product Introduction
Table 66. Kito Wire Rope Hoists Production (Unit), Revenue (Million USD) (2019-2023)
Table 67. Kito Strategic initiatives
Table 68. Terex Profiles
Table 69. Terex Wire Rope Hoists Product Introduction
Table 70. Terex Wire Rope Hoists Production (Unit), Revenue (Million USD) (2019-2023)
Table 71. Terex Strategic initiatives
Table 72. Konecranes Profiles
Table 73. Konecranes Wire Rope Hoists Product Introduction
Table 74. Konecranes Wire Rope Hoists Production (Unit), Revenue (Million USD) (2019-2023)
Table 75. Konecranes Strategic initiatives
Table 76. Ingersoll Rand Profiles
Table 77. Ingersoll Rand Wire Rope Hoists Product Introduction
Table 78. Ingersoll Rand Wire Rope Hoists Production (Unit), Revenue (Million USD) (2019-2023)
Table 79. Ingersoll Rand Strategic initiatives
Table 80. Tractel Profiles
Table 81. Tractel Wire Rope Hoists Product Introduction
Table 82. Tractel Wire Rope Hoists Production (Unit), Revenue (Million USD) (2019-2023)
Table 83. Tractel Strategic initiatives
Table 84. Planeta Profiles
Table 85. Planeta Wire Rope Hoists Product Introduction
Table 86. Planeta Wire Rope Hoists Production (Unit), Revenue (Million USD) (2019-2023)
Table 87. Planeta Strategic initiatives
Table 88. Hitachi Profiles
Table 89. Hitachi Wire Rope Hoists Product Introduction
Table 90. Hitachi Wire Rope Hoists Production (Unit), Revenue (Million USD) (2019-2023)
Table 91. Hitachi Strategic initiatives
Table 92. Kawasaki Profiles
Table 93. Kawasaki Wire Rope Hoists Product Introduction
Table 94. Kawasaki Wire Rope Hoists Production (Unit), Revenue (Million USD) (2019-2023)
Table 95. Kawasaki Strategic initiatives
Table 97. J.D. Neuhaus Profiles
Table 98. J.D. Neuhaus Wire Rope Hoists Product Introduction
Table 99. J.D. Neuhaus Wire Rope Hoists Production (Unit), Revenue (Million USD) (2019-2023)
Table 100. J.D. Neuhaus Strategic initiatives
Table 101. TOYO Profiles
Table 102. TOYO Wire Rope Hoists Product Introduction
Table 103. TOYO Wire Rope Hoists Production (Unit), Revenue (Million USD) (2019-2023)
Table 104. TOYO Strategic initiatives
Table 105. ABUS Crane Systems Profiles
Table 106. ABUS Crane Systems Wire Rope Hoists Product Introduction
Table 107. ABUS Crane Systems Wire Rope Hoists Production (Unit), Revenue (Million USD) (2019-2023)
Table 108. ABUS Crane Systems Strategic initiatives
Table 109. Imer International Profiles
Table 110. Imer International Wire Rope Hoists Product Introduction
Table 111. Imer International Wire Rope Hoists Production (Unit), Revenue (Million USD) (2019-2023)
Table 112. Imer International Strategic initiatives
Table 113. Verlinde Profiles
Table 114. Verlinde Wire Rope Hoists Product Introduction
Table 115. Verlinde Wire Rope Hoists Production (Unit), Revenue (Million USD) (2019-2023)
Table 116. Verlinde Strategic initiatives
Table 117. Daesan Profiles
Table 118. Daesan Wire Rope Hoists Product Introduction
Table 119. Daesan Wire Rope Hoists Production (Unit), Revenue (Million USD) (2019-2023)
Table 120. Daesan Strategic initiatives
Table 121. Able Forge Profiles
Table 122. Able Forge Wire Rope Hoists Product Introduction
Table 123. Able Forge Wire Rope Hoists Production (Unit), Revenue (Million USD) (2019-2023)
Table 124. Able Forge Strategic initiatives
Table 125. Endo Kogyo Profiles
Table 126. Endo Kogyo Wire Rope Hoists Product Introduction
Table 127. Endo Kogyo Wire Rope Hoists Production (Unit), Revenue (Million USD) (2019-2023)
Table 128. Endo Kogyo Strategic initiatives
Table 129. Shanghai Yiying Profiles
Table 130. Shanghai Yiying Wire Rope Hoists Product Introduction
Table 131. Shanghai Yiying Wire Rope Hoists Production (Unit), Revenue (Million USD) (2019-2023)
Table 132. Shanghai Yiying Strategic initiatives
Table 133. Xi'an Liba Profiles
Table 134. Xi'an Liba Wire Rope Hoists Product Introduction
Table 135. Xi'an Liba Wire Rope Hoists Production (Unit), Revenue (Million USD) (2019-2023)
Table 136. Xi'an Liba Strategic initiatives
Table 137. TBM Profiles
Table 138. TBM Wire Rope Hoists Product Introduction
Table 139. TBM Wire Rope Hoists Production (Unit), Revenue (Million USD) (2019-2023)
Table 140. TBM Strategic initiatives
Table 141. Zhejiang Wuyi Machinery Profiles
Table 142. Zhejiang Wuyi Machinery Wire Rope Hoists Product Introduction
Table 143. Zhejiang Wuyi Machinery Wire Rope Hoists Production (Unit), Revenue (Million USD) (2019-2023)
Table 144. Zhejiang Wuyi Machinery Strategic initiatives
Table 145. Beijing Lingying Profiles
Table 146. Beijing Lingying Wire Rope Hoists Product Introduction
Table 147. Beijing Lingying Wire Rope Hoists Production (Unit), Revenue (Million USD) (2019-2023)
Table 148. Beijing Lingying Strategic initiatives
Table 149. Nanjing Jingming Profiles
Table 150. Nanjing Jingming Wire Rope Hoists Product Introduction
Table 151. Nanjing Jingming Wire Rope Hoists Production (Unit), Revenue (Million USD) (2019-2023)
Table 152. Nanjing Jingming Strategic initiatives
Table 153. Nucleon (Xinxiang) Profiles
Table 154. Nucleon (Xinxiang) Wire Rope Hoists Product Introduction
Table 155. Nucleon (Xinxiang) Wire Rope Hoists Production (Unit), Revenue (Million USD) (2019-2023)
Table 156. Nucleon (Xinxiang) 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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