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 Eyeglass Market Analysis 2023, With Top Companies, Sales, Revenue, Consumption, Price and Growth Rate》, which aims to sort out the development status and trends of the Eyeglass industry at home and abroad, estimate the overall market scale of the Eyeglass industry and the market share of major countries, Eyeglass industry, and study and judge the downstream market demand of Eyeglass through systematic research, Analyze the competition pattern of Eyeglass, so as to help solve the pain points of various stakeholders in Eyeglass 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 Eyeglass Market by VIC Research Include
NorthAmerica
Asia
Europe
Middle East & Africa
South America
Competitive Analysis; Who are the Major Players in Eyeglass Market?
Luxottica
Essilor
Grand Vision
Formosa Optical
Carl Zeiss
Hoya
De Rigo
Indo Internacional
Safilo
Johnson & Johnson
CIBA Vision
CooperVision
GBV
Marchon
Fielmann AG
Bausch & Lomb
Charmant
TEK Optical Canada
Major Type of Eyeglass Covered in VIC Research report:
Prescription Eyeglasses
Sunglasses
Contact Lenses
Application Segments Covered in VIC Research Market
Children
Adults
The Aged
For any other requirements, please feel free to contact us and we will provide you customized report.
Table of Contents
Global Eyeglass Market Analysis 2023, With Top Companies, Sales, Revenue, Consumption, Price and Growth Rate
1 Market Scope
1.1 Product Details and Introduction
1.1.1 Prescription Eyeglasses -Product Introduction and Major Company
1.1.2 Sunglasses -Product Introduction and Major Company
1.1.3 Contact Lenses -Product Introduction and Major Company
1.2 Market Snapshot
1.2.1 Major Companies Overview
1.2.2 Market Concentration
1.2.3 Five-Year Compound Annual Growth Rate (CAGR)
2 Regional Market
2.1 Regional Market Share in Terms of Sales (2019 & 2023 & 2026)
2.2 Regional Market Share in Terms of Revenue (2019 & 2023 & 2026)
2.3 Regional Market Share in Terms of Consumption (2019 & 2023 & 2026)
3 Global Eyeglass Market Assessment by Type
3.1 Global Eyeglass Sales by Type (2019-2028)
3.2 Global Eyeglass Revenue by Type (2019-2028)
3.3 North America Eyeglass Sales and Revenue by Type (2019-2028)
3.4 Asia Eyeglass Sales and Revenue by Type (2019-2028)
3.5 Europe Eyeglass Sales and Revenue by Type (2019-2028)
3.6 Middle East & Africa Eyeglass Sales and Revenue by Type (2019-2028)
3.7 South America Eyeglass Sales and Revenue by Type (2019-2028)
4 Historical & Forecast Global Eyeglass Market Assessment by Application
4.1 Global Eyeglass Consumption and Consumption in Different Application Field (2019-2028)
4.2 North America Eyeglass Consumption and Consumption in Different Application Field (2019-2028)
4.3 Asia Eyeglass Consumption and Consumption in Different Application Field (2019-2028)
4.4 Europe Eyeglass Consumption and Consumption in Different Application Field (2019-2028)
4.5 Middle East & Africa Eyeglass Consumption and Consumption in Different Application Field (2019-2028)
4.6 South America Eyeglass Consumption and Consumption in Different Application Field (2019-2028)
5 North America
5.1 US Eyeglass Sales, Revenue and Growth Rate (2019-2028)
5.2 Canada Eyeglass Sales, Revenue and Growth Rate (2019-2028)
5.3 Mexico Eyeglass Sales, Revenue and Growth Rate (2019-2028)
6 Asia
6.1 China Eyeglass Sales, Revenue and Growth Rate (2019-2028)
6.2 Japan Eyeglass Sales, Revenue and Growth Rate (2019-2028)
6.3 India Eyeglass Sales, Revenue and Growth Rate (2019-2028)
6.4 Korea Eyeglass Sales, Revenue and Growth Rate (2019-2028)
6.5 Southeat Asia Eyeglass Sales, Revenue and Growth Rate (2019-2028)
7 Europe
7.1 Germany Eyeglass Sales, Revenue and Growth Rate (2019-2028)
7.2 UK Eyeglass Sales, Revenue and Growth Rate (2019-2028)
7.3 France Eyeglass Sales, Revenue and Growth Rate (2019-2028)
7.4 Russia Eyeglass Sales, Revenue and Growth Rate (2019-2028)
7.5 Italy Eyeglass Sales, Revenue and Growth Rate (2019-2028)
8 Middle East and Africa
8.1 Saudi Eyeglass Sales, Revenue and Growth Rate (2019-2028)
8.2 UAE Eyeglass Sales, Revenue and Growth Rate (2019-2028)
8.3 Egypt Eyeglass Sales, Revenue and Growth Rate (2019-2028)
8.4 Nigeria Eyeglass Sales, Revenue and Growth Rate (2019-2028)
8.5 South Africa Eyeglass Sales, Revenue and Growth Rate (2019-2028)
9 South America
9.1 Brazil Eyeglass Sales, Revenue and Growth Rate (2019-2028)
9.2 Argentina Eyeglass Sales, Revenue and Growth Rate (2019-2028)
9.3 Colombia Eyeglass Sales, Revenue and Growth Rate (2019-2028)
10 Global Eyeglass Average Price Trend
10.1 Market Price for Each Type of Eyeglass in North America (2019-2028)
10.2 Market Price for Each Type of Eyeglass in Asia (2019-2028)
10.3 Market Price for Each Type of Eyeglass in Europe (2019-2028)
10.4 Market Price for Each Type of Eyeglass in Middle East & Africa (2019-2028)
10.5 Market Price for Each Type of Eyeglass in South America (2019-2028)
11 Value Chain
11.1 Eyeglass Value Chain Analysis
11.1.1 Upstream
11.1.2 Downstream
11.2 COVID-19 Impact on Eyeglass Industry
11.2.1 Industrial Policy Issued Under the Epidemic Situation
11.2.2 Post-pandemic Era
11.3 Cost-Under the Epidemic Situation
11.3.1 Cost of Raw Material
11.4 Channel Analysis
11.4.1 Distribution Channel-Under the Epidemic Situation
11.4.2 Distributors
12 Major Players of Global Eyeglass Market, Competitive Analysis
12.1 Luxottica
12.1.1 Luxottica Company Profiles and Company News
12.1.2 Luxottica Product Introduction
12.1.3 Luxottica Eyeglass Sales, Revenue (2019-2023)
12.1.4 SWOT Analysis
12.2 Essilor
12.2.1 Essilor Company Profiles and Company News
12.2.2 Essilor Product Introduction
12.2.3 Essilor Eyeglass Sales, Revenue (2019-2023)
12.2.4 SWOT Analysis
12.3 Grand Vision
12.3.1 Grand Vision Company Profiles and Company News
12.3.2 Grand Vision Product Introduction
12.3.3 Grand Vision Eyeglass Sales, Revenue (2019-2023)
12.3.4 SWOT Analysis
12.4 Formosa Optical
12.4.1 Formosa Optical Company Profiles and Company News
12.4.2 Formosa Optical Product Introduction
12.4.3 Formosa Optical Eyeglass Sales, Revenue (2019-2023)
12.4.4 SWOT Analysis
12.5 Safilo
12.5.1 Carl Zeiss Company Profiles and Company News
12.5.2 Carl Zeiss Product Introduction
12.5.3 Carl Zeiss Eyeglass Sales, Revenue (2019-2023)
12.5.4 SWOT Analysis
12.6 Hoya
12.6.1 Hoya Company Profiles and Company News
12.6.2 Hoya Product Introduction
12.6.3 Hoya Eyeglass Sales, Revenue (2019-2023)
12.6.4 SWOT Analysis
12.7 De Rigo
12.7.1 De Rigo Company Profiles and Company News
12.7.2 De Rigo Product Introduction
12.7.3 De Rigo Eyeglass Sales, Revenue (2019-2023)
12.7.4 SWOT Analysis
12.8 Indo Internacional
12.8.1 Indo Internacional Company Profiles and Company News
12.8.2 Indo Internacional Product Introduction
12.8.3 Indo Internacional Eyeglass Sales, Revenue (2019-2023)
12.8.4 SWOT Analysis
12.9 Safilo
12.9.1 Safilo Company Profiles and Company News
12.9.2 Safilo Product Introduction
12.9.3 Safilo Eyeglass Sales, Revenue (2019-2023)
12.9.4 SWOT Analysis
12.10 Johnson & Johnson
12.10.1 Johnson & Johnson Company Profiles and Company News
12.10.2 Johnson & Johnson Product Introduction
12.10.3 Johnson & Johnson Eyeglass Sales, Revenue (2019-2023)
12.10.4 SWOT Analysis
12.11 CIBA Vision
12.12 CooperVision
12.13 GBV
12.14 Marchon
12.15 Fielmann AG
12.16 Bausch & Lomb
12.17 Charmant
12.18 TEK Optical Canada
13 Global Eyeglass Market, Competitive Landscape and Market Forecast
13.1 Key Companies Dominating the Global Eyeglass Market
13.2 Concentration Ratio (CR5) of Global Eyeglass Market (2019)
13.2.1 Market Share of Top 5 Players in Term of Revenue (2019)
13.3 Concentration Ratio (CR5) of Global Eyeglass Market (2023)
13.3.1 Market Share of Top 5 Players in Term of Revenue (2023)
14 Conclusion
15 Methodology and Data Source
List of Tables and Figures
Figure Product Introduction
Table Sales (K Units) and Revenue (Million USD) of Major Players (2019-2023)
Figure Global Eyeglass Sales Market Share of Top 5 Players
Table CAGR of Major Market (2021-2026)
Table CAGR in Terms of Sales of Each Type (2019-2028)
Table Regional Market Share in Terms of Sales (2019-2026)
Figure Regional Market Share in Terms of Sales (2019 - 2020)
Table Regional Market Share in Terms of Revenue (2019-2026)
Figure Regional Market Share in Terms of Revenue (2019 - 2020)
Figure Regional Market Share in Terms of Consumption (2019 - 2020)
Figure Regional Market Share in Terms of Consumption (2019 - 2020)
Table Global Eyeglass Sales (K Unit) by Type (2019-2028)
Figure Global Eyeglass Sales (K Unit) and Growth Rate (2019-2028)
Figure Global Eyeglass Sales Market Share (%) by Type (2019 -2020)
Table Global Eyeglass Revenue (Million USD) by Type (2019-2028)
Figure Global Eyeglass Revenue (Million USD) and Growth Rate (2019-2028)
Figure Global Eyeglass Revenue Market Share (%) by Type (2019-2020)
Figure North America Eyeglass Sales (K Unit) by Type (2019-2028)
Figure North America Eyeglass Sales (K Unit) and Growth Rate (2019-2028)
Figure North America Eyeglass Revenue (Million USD) by Type (2019-2028)
Figure North America Eyeglass Revenue (Million USD) and Growth Rate (2019-2028)
Figure Asia Eyeglass Sales (K Unit) by Type (2019-2028)
Figure Asia Eyeglass Sales (K Unit) and Growth Rate (2019-2028)
Figure Asia Eyeglass Revenue (Million USD) by Type (2019-2028)
Figure Asia Eyeglass Revenue (Million USD) and Growth Rate (2019-2028)
Figure Europe Eyeglass Sales (K Unit) by Type (2019-2028)
Figure Europe Eyeglass Sales (K Unit) and Growth Rate (2019-2028)
Figure Europe Eyeglass Revenue (Million USD) by Type (2019-2028)
Figure Europe Eyeglass Revenue (Million USD) and Growth Rate (2019-2028)
Figure Middle East & Africa Eyeglass Sales (K Unit) by Type (2019-2028)
Figure Middle East & Africa Eyeglass Sales (K Unit) and Growth Rate (2019-2028)
Figure Middle East & Africa Eyeglass Revenue (Million USD) by Type (2019-2028)
Figure Middle East & Africa Eyeglass Revenue (Million USD) and Growth Rate (2019-2028)
Figure South America Eyeglass Sales (K Unit) by Type (2019-2028)
Figure South America Eyeglass Sales (K Unit) and Growth Rate (2019-2028)
Figure South America Eyeglass Revenue (Million USD) by Type (2019-2028)
Figure South America Eyeglass Revenue (Million USD) and Growth Rate (2019-2028)
Table Historical & Forecast Eyeglass Different Application Field Consumption (K Unit)
Figure Consumption (K Unit) and Growth Rate (2019-2028)
Figure Different Application Field Consumption Market Share (%) (2019-2020)
Table Historical & Forecast Eyeglass Different Application Field Consumption (K Unit)
Figure North America Eyeglass Consumption (K Unit) and Growth Rate (2019-2028)
Figure North America Eyeglass Consumption Market Share (%) by Application (2019-2028)
Table Historical & Forecast Eyeglass Different Application Field Consumption (K Unit)
Figure Asia Eyeglass Consumption (K Unit) and Growth Rate (2019-2028)
Figure Asia Eyeglass Consumption Market Share (%) by Application (2019-2028)
Table Historical & Forecast Eyeglass Different Application Field Consumption (K Unit)
Figure Europe Eyeglass Consumption (K Unit) and Growth Rate (2019-2028)
Figure Europe Eyeglass Consumption Market Share (%) by Application (2019-2028)
Table Historical & Forecast Eyeglass Different Application Field Consumption (K Unit)
Figure Middle East & Africa Eyeglass Consumption (K Unit) and Growth Rate (2019-2028)
Figure Middle East & Africa Eyeglass Consumption Market Share (%) by Application (2019-2028)
Table Historical & Forecast Eyeglass Different Application Field Consumption (K Unit)
Figure South America Eyeglass Consumption (K Unit) and Growth Rate (2019-2028)
Figure South America Eyeglass Consumption Market Share (%) by Application (2019-2028)
Table Historical & Forecast Eyeglass Different Application Field Consumption (K Unit)
Table US Eyeglass Capacity (K Units), Sales (K Units) and Consumption (K Units) (2019-2028) and Proportion of Products Sold
Figure Proportion of Products Sold (%) (2015 -2026)
Table Canada Eyeglass Capacity (K Units), Sales (K Units) and Consumption (K Units) (2019-2028) and Proportion of Products Sold
Figure Proportion of Products Sold (%) (2015 -2026)
Table Mexico Eyeglass Capacity (K Units), Sales (K Units) and Consumption (K Units) (2019-2028) and Proportion of Products Sold
Figure Proportion of Products Sold (%) (2015 -2026)
Table China Eyeglass Capacity (K Units), Sales (K Units) and Consumption (K Units) (2019-2028) and Proportion of Products Sold
Figure Proportion of Products Sold (%) (2015 -2026)
Table Japan Eyeglass Capacity (K Units), Sales (K Units) and Consumption (K Units) (2019-2028) and Proportion of Products Sold
Figure Proportion of Products Sold (%) (2015 -2026)
Table India Eyeglass Capacity (K Units), Sales (K Units) and Consumption (K Units) (2019-2028) and Proportion of Products Sold
Figure Proportion of Products Sold (%) (2015 -2026)
Table Korea Eyeglass Capacity (K Units), Sales (K Units) and Consumption (K Units) (2019-2028) and Proportion of Products Sold
Figure Proportion of Products Sold (%) (2015 -2026)
Table Southeast Asia Eyeglass Capacity (K Units), Sales (K Units) and Consumption (K Units) (2019-2028) and Proportion of Products Sold
Figure Proportion of Products Sold (%) (2015 -2026)
Table Germany Eyeglass Capacity (K Units), Sales (K Units) and Consumption (K Units) (2019-2028) and Proportion of Products Sold
Figure Proportion of Products Sold (%) (2015 -2026)
Table UK Eyeglass Capacity (K Units), Sales (K Units) and Consumption (K Units) (2019-2028) and Proportion of Products Sold
Figure Proportion of Products Sold (%) (2015 -2026)
Table France Eyeglass Capacity (K Units), Sales (K Units) and Consumption (K Units) (2019-2028) and Proportion of Products Sold
Figure Proportion of Products Sold (%) (2015 -2026)
Table Russia Eyeglass Capacity (K Units), Sales (K Units) and Consumption (K Units) (2019-2028) and Proportion of Products Sold
Figure Proportion of Products Sold (%) (2015 -2026)
Table Italy Eyeglass Capacity (K Units), Sales (K Units) and Consumption (K Units) (2019-2028) and Proportion of Products Sold
Figure Proportion of Products Sold (%) (2015 -2026)
Table Saudi Eyeglass Capacity (K Units), Sales (K Units) and Consumption (K Units) (2019-2028) and Proportion of Products Sold
Figure Proportion of Products Sold (%) (2015 -2026)
Table UAE Eyeglass Capacity (K Units), Sales (K Units) and Consumption (K Units) (2019-2028) and Proportion of Products Sold
Figure Proportion of Products Sold (%) (2015 -2026)
Table Egypt Eyeglass Capacity (K Units), Sales (K Units) and Consumption (K Units) (2019-2028) and Proportion of Products Sold
Figure Proportion of Products Sold (%) (2015 -2026)
Table Nigeria Eyeglass Capacity (K Units), Sales (K Units) and Consumption (K Units) (2019-2028) and Proportion of Products Sold
Figure Proportion of Products Sold (%) (2015 -2026)
Table South Africa Eyeglass Capacity (K Units), Sales (K Units) and Consumption (K Units) (2019-2028) and Proportion of Products Sold
Figure Proportion of Products Sold (%) (2015 -2026)
Table Brazil Eyeglass Capacity (K Units), Sales (K Units) and Consumption (K Units) (2019-2028) and Proportion of Products Sold
Figure Proportion of Products Sold (%) (2015 -2026)
Table Argentina Eyeglass Capacity (K Units), Sales (K Units) and Consumption (K Units) (2019-2028) and Proportion of Products Sold
Figure Proportion of Products Sold (%) (2015 -2026)
Table Colombia Eyeglass Capacity (K Units), Sales (K Units) and Consumption (K Units) (2019-2028) and Proportion of Products Sold
Figure Proportion of Products Sold (%) (2015 -2026)
Table Market Price (USD/Unit) for Each Type of Eyeglass in China
Table Market Price (USD/Unit) for Each Type of Eyeglass in EU
Table Market Price (USD/Unit) for Each Type of Eyeglass in USA
Table Market Price (USD/Unit) for Each Type of Eyeglass in Japan
Table Market Price (USD/Unit) for Each Type of Eyeglass in India
Table Market Price (USD/Unit) for Each Type of Eyeglass in Southeast Asia
Table Market Price (USD/Unit) for Each Type of Eyeglass in South America
Figure Value Chain Structure of Eyeglass
Table Value Chain
Table Key Suppliers of Raw Material/Components
Table Key Downstream Customer in Each Application Field
Table Industry News List of Eyeglass
Figure Cost Structure of Eyeglass in 2020
Table Distributors/Traders List
Table ??Luxottica Profiles
Table ??Luxottica Eyeglass Product Introduction
Figure ??Luxottica Eyeglass Capacity (Unit), Sales (Unit), Revenue (Million USD) (2019-2023)
Figure ??Luxottica SWOT Analysis
Table ????Essilor Profiles
Table ????Essilor Eyeglass Product Introduction
Figure ????Essilor Eyeglass Capacity (Unit), Sales (Unit), Revenue (Million USD) (2019-2023)
Figure ????Essilor SWOT Analysis
Table ????Grand Vision Profiles
Table ????Grand Vision Eyeglass Product Introduction
Figure ????Grand Vision Eyeglass Capacity (Unit), Sales (Unit), Revenue (Million USD) (2019-2023)
Figure ????Grand Vision SWOT Analysis
Table ????Formosa Optical Profiles
Table ????Formosa Optical Eyeglass Product Introduction
Figure ????Formosa Optical Eyeglass Capacity (Unit), Sales (Unit), Revenue (Million USD) (2019-2023)
Figure ????Formosa Optical SWOT Analysis
Table ????Carl Zeiss Profiles
Table ????Carl Zeiss Eyeglass Product Introduction
Figure ????Carl Zeiss Consumer Goods Capacity (Unit), Sales (Unit), Revenue (Million USD) (2019-2023)
Figure ????Carl Zeiss SWOT Analysis
Table ????Hoya Profiles
Table ????Hoya Eyeglass Product Introduction
Figure ????Hoya Eyeglass Capacity (Unit), Sales (Unit), Revenue (Million USD) (2019-2023)
Figure ????Hoya SWOT Analysis
Table ????De Rigo Profiles
Table ????De Rigo Eyeglass Product Introduction
Figure ????De Rigo Eyeglass Capacity (Unit), Sales (Unit), Revenue (Million USD) (2019-2023)
Figure ????De Rigo SWOT Analysis
Table ????Indo Internacional Profiles
Table ????Indo Internacional Eyeglass Product Introduction
Figure ????Indo Internacional Eyeglass Capacity (Unit), Sales (Unit), Revenue (Million USD) (2019-2023)
Figure ????Indo Internacional SWOT Analysis
Table ????Safilo Profiles
Table ????Safilo Eyeglass Product Introduction
Figure ????Safilo Eyeglass Capacity (Unit), Sales (Unit), Revenue (Million USD) (2019-2023)
Figure ????Safilo SWOT Analysis
Table ????Johnson & Johnson Profiles
Table ????Johnson & Johnson Eyeglass Product Introduction
Figure ????Johnson & Johnson Eyeglass Capacity (Unit), Sales (Unit), Revenue (Million USD) (2019-2023)
Figure ????Johnson & Johnson SWOT Analysis
Table ????CIBA Vision Profiles
Table ????CIBA Vision Eyeglass Product Introduction
Figure ????CIBA Vision Eyeglass Capacity (Unit), Sales (Unit), Revenue (Million USD) (2019-2023)
Figure ????CIBA Vision SWOT Analysis
Table ????CooperVision Profiles
Table ????CooperVision Eyeglass Product Introduction
Figure ????CooperVision Eyeglass Capacity (Unit), Sales (Unit), Revenue (Million USD) (2019-2023)
Figure ????CooperVision SWOT Analysis
Table ????GBV Profiles
Table ????GBV Eyeglass Product Introduction
Figure ????GBV Eyeglass Capacity (Unit), Sales (Unit), Revenue (Million USD) (2019-2023)
Figure ????GBV SWOT Analysis
Table ????Marchon Profiles
Table ????Marchon Eyeglass Product Introduction
Figure ????Marchon Eyeglass Capacity (Unit), Sales (Unit), Revenue (Million USD) (2019-2023)
Figure ????Marchon SWOT Analysis
Table ????Fielmann AG Profiles
Table ????Fielmann AG Eyeglass Product Introduction
Figure ????Fielmann AG Eyeglass Capacity (Unit), Sales (Unit), Revenue (Million USD) (2019-2023)
Figure ????Fielmann AG SWOT Analysis
Table ????Bausch & Lomb Profiles
Table ????Bausch & Lomb Eyeglass Product Introduction
Figure ????Bausch & Lomb Eyeglass Capacity (Unit), Sales (Unit), Revenue (Million USD) (2019-2023)
Figure ????Bausch & Lomb SWOT Analysis
Table ????Charmant Profiles
Table ????Charmant Eyeglass Product Introduction
Figure ????Charmant Eyeglass Capacity (Unit), Sales (Unit), Revenue (Million USD) (2019-2023)
Figure ????Charmant SWOT Analysis
Table ????TEK Optical Canada Profiles
Table ????TEK Optical Canada Eyeglass Product Introduction
Figure ????TEK Optical Canada Eyeglass Capacity (Unit), Sales (Unit), Revenue (Million USD) (2019-2023)
Figure ????TEK Optical Canada SWOT Analysis
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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