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 Grinding Media Market Segment Research Report 2023》, which aims to sort out the development status and trends of the Grinding Media industry at home and abroad, estimate the overall market scale of the Grinding Media industry and the market share of major countries, Grinding Media industry, and study and judge the downstream market demand of Grinding Media through systematic research, Analyze the competition pattern of Grinding Media, so as to help solve the pain points of various stakeholders in Grinding Media 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, 2019-2029) of Grinding Media Market by VIC Research Include
USA
Europe
China
Japan
India
Korea
Southeast Asia
Competitive Analysis; Who are the Major Players in Grinding Media Market?
Moly-Cop
Magotteaux
AIA Engineering
ME Long Teng Grinding Media
Gerdau
Donhad
Scaw
Arcelor Mittal
Metso
TOYO Grinding Ball Co.Ltd
EVRAZ NTMK
Litzkuhn-Niederwippe
FengXing
Shandong Huamin
Jinchi Steel Ball
Anhui Ruitai
Ningguo Xinma
Anhui Ningguo Ninghu Steel Ball
Ningguo Dongfang Grinding Materials
Anhui Ningguo Wear-Resistant Fittings Factory
Anshan Dongtai Wear Resistant Material
Kuangshan Naimo
Zhangqiu Taitou
Hongyu New Material
Major Type of Grinding Media Covered in VIC Research report:
Forged grinding media
High chrome cast grinding media
Other cast grinding media
Application Segments Covered in VIC Research Market
Mining and Metallurgy
Cement
Power Plant
Others
For any other requirements, please feel free to contact us and we will provide you customized report.
Table of Contents
Global Grinding Media Market Segment Research Report 2023
1. Research Scope
2. Market Overview
2.1 Product Introduction, Application, Picture
2.2 Global Grinding Media Market by Value
2.2.1 Global Grinding Media Revenue by Type
2.2.2 Global Grinding Media Market by Value (%)
2.3 Global Grinding Media Market by Production
2.3.1 Global Grinding Media Production by Type
2.3.2 Global Grinding Media Market by Production (%)
3. The Major Driver of Grinding Media Industry
3.1 Historical & Forecast Global Grinding Media Demand
3.2 Largest Application for Grinding Media (2019-2029)
3.3 The Major Downstream Company in China Market 2023
4. Global and Regional Grinding Media 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 Grinding Media Market
4.4 Mergers & Acquisitions, Expansion Plans
5. US Grinding Media Production, Revenue (2019-2029)
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 (2019-2029)
5.4 Current and Estimated Revenue Breakdown by Application (2019-2029)
6. Europe Grinding Media Production, Revenue (2019-2029)
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 (2019-2029)
6.4 Current and Estimated Revenue Breakdown by Application (2019-2029)
7. China Grinding Media Production, Revenue (2019-2029)
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 (2019-2029)
7.4 Current and Estimated Revenue Breakdown by Application (2019-2029)
8. Japan Grinding Media Production, Revenue (2019-2029)
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 (2019-2029)
8.4 Current and Estimated Revenue Breakdown by Application (2019-2029)
9. India Grinding Media Production, Revenue (2019-2029)
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 (2019-2029)
9.4 Current and Estimated Revenue Breakdown by Application (2019-2029)
10. Korea Grinding Media Production, Revenue (2019-2029)
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 (2019-2029)
10.4 Current and Estimated Revenue Breakdown by Application (2019-2029)
11. Southeast Asia Grinding Media Production, Revenue (2019-2029)
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 (2019-2029)
11.4 Current and Estimated Revenue Breakdown by Application (2019-2029)
12. Global Grinding Media Average Price Trend
12.1 Market Price for Each Type of Grinding Media in US (2019-2023)
12.2 Market Price for Each Type of Grinding Media in Europe (2019-2023)
12.3 Market Price for Each Type of Grinding Media in China (2019-2023)
12.4 Market Price for Each Type of Grinding Media in Japan (2019-2023)
12.5 Market Price for Each Type of Grinding Media in India (2019-2023)
12.6 Market Price for Each Type of Grinding Media in Korea (2019-2023)
12.7 Market Price for Each Type of Grinding Media in Southeast Asia (2019-2023)
13. Industrial Chain (Impact of COVID-19)
13.1 Grinding Media Industrial Chain Analysis
13.2 Downstream
13.3 Impact of COVID-19
13.4 Post-pandemic Era
13.5 Technology Trends of Grinding Media
14. Grinding Media Competitive Landscape
14.1 Moly-Cop
14.1.1 Moly-Cop Company Profiles
14.1.2 Moly-Cop Product Introduction
14.1.3 Moly-Cop Grinding Media Production, Revenue (2019-2023)
14.1.4 Strategic initiatives
14.2 Magotteaux
14.2.1 Magotteaux Company Profiles
14.2.2 Magotteaux Product Introduction
14.2.3 Magotteaux Grinding Media Production, Revenue (2019-2023)
14.2.4 Strategic initiatives
14.3 AIA Engineering
14.3.1 AIA Engineering Company Profiles
14.3.2 AIA Engineering Product Introduction
14.3.3 AIA Engineering Grinding Media Production, Revenue (2019-2023)
14.3.4 Strategic initiatives
14.4 ME Long Teng Grinding Media
14.4.1 ME Long Teng Grinding Media Company Profiles
14.4.2 ME Long Teng Grinding Media Product Introduction
14.4.3 ME Long Teng Grinding Media Grinding Media Production, Revenue (2019-2023)
14.4.4 Strategic initiatives
14.5 Gerdau
14.5.1 Gerdau Company Profiles
14.5.2 Gerdau Product Introduction
14.5.3 Gerdau Grinding Media Production, Revenue (2019-2023)
14.5.4 Strategic initiatives
14.6 Donhad
14.6.1 Donhad Company Profiles
14.6.2 Donhad Product Introduction
14.6.3 Donhad Grinding Media Production, Revenue (2019-2023)
14.6.4 Strategic initiatives
14.7 Scaw
14.7.1 Scaw Company Profiles
14.7.2 Scaw Product Introduction
14.7.3 Scaw Grinding Media Production, Revenue (2019-2023)
14.7.4 Strategic initiatives
14.8 Arcelor Mittal
14.8.1 Arcelor Mittal Company Profiles
14.8.2 Arcelor Mittal Product Introduction
14.8.3 Arcelor Mittal Grinding Media Production, Revenue (2019-2023)
14.8.4 Strategic initiatives
14.9 Metso
14.9.1 Metso Company Profiles
14.9.2 Metso Product Introduction
14.9.3 Metso Grinding Media Production, Revenue (2019-2023)
14.9.4 Strategic initiatives
14.10 TOYO Grinding Ball Co.Ltd
14.10.1 TOYO Grinding Ball Co.Ltd Company Profiles
14.10.2 TOYO Grinding Ball Co.Ltd Product Introduction
14.10.3 TOYO Grinding Ball Co.Ltd Grinding Media Production, Revenue (2019-2023)
14.10.4 Strategic initiatives
14.11 EVRAZ NTMK
14.12 Litzkuhn-Niederwippe
14.13 FengXing
14.14 Shandong Huamin
14.15 Jinchi Steel Ball
14.16 Anhui Ruitai
14.17 Ningguo Xinma
14.18 Anhui Ningguo Ninghu Steel Ball
14.19 Ningguo Dongfang Grinding Materials
14.20 Anhui Ningguo Wear-Resistant Fittings Factory
14.21 Anshan Dongtai Wear Resistant Material
14.22 Kuangshan Naimo
14.23 Zhangqiu Taitou
14.24 Hongyu New Material
15. Conclusion
16. Methodology and Data Source
List of Tables and Figures
Figure 1. Total Demand by Application of Grinding Media Industry (Volume)
Figure 2. Grinding Media 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 Grinding Media Revenue in 2023
Figure 5. US Grinding Media Production, Demand (2019-2029)
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 Grinding Media Production, Demand (2019-2029)
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 Grinding Media Production, Demand (2019-2029)
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 Grinding Media Production, Demand (2019-2029)
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 Grinding Media Production, Demand (2019-2029)
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 Grinding Media Production, Demand (2019-2029)
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 Grinding Media Production, Demand (2019-2029)
Figure 43. Current and Estimated Production Breakdown by Type (2019-2029)
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. Grinding Media Revenue, by Type (Million USD) (2019-2029)
Table 4. Grinding Media Production, by Type (K Unit) (2019-2029)
Table 5. Grinding Media Demand (K Unit) by Application (2019-2029)
Table 6. Grinding Media Demand (Million USD) by Application (2019-2029)
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 Grinding Media Companies by Revenue, Concentration Ratio in 2023
Table 11. Mergers & Acquisitions, Expansion Plans
Table 12. US Grinding Media Production (K Unit), Market Revenue (Million USD), Demand (K Unit) (2019-2029)
Table 13. Current and Estimated Production Breakdown by Type (2019-2029)
Table 14. Current and Estimated Demand Breakdown by Type (2019-2029)
Table 15. Current and Estimated Demand Breakdown by Application (2019-2029)
Table 16. Current and Estimated Revenue Breakdown by Type
Table 17. Current and Estimated Revenue Breakdown by Application
Table 18. Europe Grinding Media Production (K Unit), Market Revenue (Million USD), Demand (K Unit) (2019-2029)
Table 19. Current and Estimated Production Breakdown by Type (2019-2029)
Table 20. Current and Estimated Demand Breakdown by Type (2019-2029)
Table 21. Current and Estimated Demand Breakdown by Application (2019-2029)
Table 22. Current and Estimated Revenue Breakdown by Type
Table 23. Current and Estimated Revenue Breakdown by Application
Table 24. China Grinding Media Production (K Unit), Market Revenue (Million USD), Demand (K Unit) (2019-2029)
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 Grinding Media Production (K Unit), Market Revenue (Million USD), Demand (K Unit) (2019-2029)
Table 30. Current and Estimated Production Breakdown by Type (2019-2029)
Table 31. Current and Estimated Demand Breakdown by Type (2019-2029)
Table 32. Current and Estimated Demand Breakdown by Application (2019-2029)
Table 33. Current and Estimated Revenue Breakdown by Type
Table 34. Current and Estimated Revenue Breakdown by Application
Table 35. India Grinding Media Production (K Unit), Market Revenue (Million USD), Demand (K Unit) (2019-2029)
Table 36. Current and Estimated Production Breakdown by Type (2019-2029)
Table 37. Current and Estimated Demand Breakdown by Type (2019-2029)
Table 38. Current and Estimated Demand Breakdown by Application (2019-2029)
Table 39. Current and Estimated Revenue Breakdown by Type
Table 40. Current and Estimated Revenue Breakdown by Application
Table 41. Korea Grinding Media Production (K Unit), Market Revenue (Million USD), Demand (K Unit) (2019-2029)
Table 42. Current and Estimated Production Breakdown by Type (2019-2029)
Table 43. Current and Estimated Demand Breakdown by Type (2019-2029)
Table 44. Current and Estimated Demand Breakdown by Application (2019-2029)
Table 45. Current and Estimated Revenue Breakdown by Type
Table 46. Current and Estimated Revenue Breakdown by Application
Table 47. Southeast Asia Grinding Media Production (K Unit), Market Revenue (Million USD), Demand (K Unit) (2019-2029)
Table 48. Table Current and Estimated Demand Breakdown by Type (2019-2029)
Table 49. Current and Estimated Demand Breakdown by Application (2019-2029)
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 Grinding Media in US (2019-2023)
Table 53. Market Price (USD/Unit) for Each Type of Grinding Media in Europe (2019-2023)
Table 54. Market Price (USD/Unit) for Each Type of Grinding Media in China (2019-2023)
Table 55. Market Price (USD/Unit) for Each Type of Grinding Media in Japan (2019-2023)
Table 56. Market Price (USD/Unit) for Each Type of Grinding Media in India (2019-2023)
Table 57. Market Price (USD/Unit) for Each Type of Grinding Media in Korea (2019-2023)
Table 58. Market Price (USD/Unit) for Each Type of Grinding Media in Southeast Asia (2019-2023)
Table 59. Key Downstream Customer in Each Application Field
Table 60. Moly-Cop Profiles
Table 61. Moly-Cop Grinding Media Product Introduction
Table 62. Moly-Cop Grinding Media Production (Unit), Revenue (Million USD) (2019-2023)
Table 63. Moly-Cop Strategic initiatives
Table 64. Magotteaux Profiles
Table 65. Magotteaux Grinding Media Product Introduction
Table 66. Magotteaux Grinding Media Production (Unit), Revenue (Million USD) (2019-2023)
Table 67. Magotteaux Strategic initiatives
Table 68. AIA Engineering Profiles
Table 69. AIA Engineering Grinding Media Product Introduction
Table 70. AIA Engineering Grinding Media Production (Unit), Revenue (Million USD) (2019-2023)
Table 71. AIA Engineering Strategic initiatives
Table 72. ME Long Teng Grinding Media Profiles
Table 73. ME Long Teng Grinding Media Grinding Media Product Introduction
Table 74. ME Long Teng Grinding Media Grinding Media Production (Unit), Revenue (Million USD) (2019-2023)
Table 75. ME Long Teng Grinding Media Strategic initiatives
Table 76. Gerdau Profiles
Table 77. Gerdau Grinding Media Product Introduction
Table 78. Gerdau Grinding Media Production (Unit), Revenue (Million USD) (2019-2023)
Table 79. Gerdau Strategic initiatives
Table 80. Donhad Profiles
Table 81. Donhad Grinding Media Product Introduction
Table 82. Donhad Grinding Media Production (Unit), Revenue (Million USD) (2019-2023)
Table 83. Donhad Strategic initiatives
Table 84. Scaw Profiles
Table 85. Scaw Grinding Media Product Introduction
Table 86. Scaw Grinding Media Production (Unit), Revenue (Million USD) (2019-2023)
Table 87. Scaw Strategic initiatives
Table 88. Arcelor Mittal Profiles
Table 89. Arcelor Mittal Grinding Media Product Introduction
Table 90. Arcelor Mittal Grinding Media Production (Unit), Revenue (Million USD) (2019-2023)
Table 91. Arcelor Mittal Strategic initiatives
Table 92. Metso Profiles
Table 93. Metso Grinding Media Product Introduction
Table 94. Metso Grinding Media Production (Unit), Revenue (Million USD) (2019-2023)
Table 95. Metso Strategic initiatives
Table 97. TOYO Grinding Ball Co.Ltd Profiles
Table 98. TOYO Grinding Ball Co.Ltd Grinding Media Product Introduction
Table 99. TOYO Grinding Ball Co.Ltd Grinding Media Production (Unit), Revenue (Million USD) (2019-2023)
Table 100. TOYO Grinding Ball Co.Ltd Strategic initiatives
Table 101. EVRAZ NTMK Profiles
Table 102. EVRAZ NTMK Grinding Media Product Introduction
Table 103. EVRAZ NTMK Grinding Media Production (Unit), Revenue (Million USD) (2019-2023)
Table 104. EVRAZ NTMK Strategic initiatives
Table 105. Litzkuhn-Niederwippe Profiles
Table 106. Litzkuhn-Niederwippe Grinding Media Product Introduction
Table 107. Litzkuhn-Niederwippe Grinding Media Production (Unit), Revenue (Million USD) (2019-2023)
Table 108. Litzkuhn-Niederwippe Strategic initiatives
Table 109. FengXing Profiles
Table 110. FengXing Grinding Media Product Introduction
Table 111. FengXing Grinding Media Production (Unit), Revenue (Million USD) (2019-2023)
Table 112. FengXing Strategic initiatives
Table 113. Shandong Huamin Profiles
Table 114. Shandong Huamin Grinding Media Product Introduction
Table 115. Shandong Huamin Grinding Media Production (Unit), Revenue (Million USD) (2019-2023)
Table 116. Shandong Huamin Strategic initiatives
Table 117. Jinchi Steel Ball Profiles
Table 118. Jinchi Steel Ball Grinding Media Product Introduction
Table 119. Jinchi Steel Ball Grinding Media Production (Unit), Revenue (Million USD) (2019-2023)
Table 120. Jinchi Steel Ball Strategic initiatives
Table 121. Anhui Ruitai Profiles
Table 122. Anhui Ruitai Grinding Media Product Introduction
Table 123. Anhui Ruitai Grinding Media Production (Unit), Revenue (Million USD) (2019-2023)
Table 124. Anhui Ruitai Strategic initiatives
Table 125. Ningguo Xinma Profiles
Table 126. Ningguo Xinma Grinding Media Product Introduction
Table 127. Ningguo Xinma Grinding Media Production (Unit), Revenue (Million USD) (2019-2023)
Table 128. Ningguo Xinma Strategic initiatives
Table 129. Anhui Ningguo Ninghu Steel Ball Profiles
Table 130. Anhui Ningguo Ninghu Steel Ball Grinding Media Product Introduction
Table 131. Anhui Ningguo Ninghu Steel Ball Grinding Media Production (Unit), Revenue (Million USD) (2019-2023)
Table 132. Anhui Ningguo Ninghu Steel Ball Strategic initiatives
Table 133. Ningguo Dongfang Grinding Materials Profiles
Table 134. Ningguo Dongfang Grinding Materials Grinding Media Product Introduction
Table 135. Ningguo Dongfang Grinding Materials Grinding Media Production (Unit), Revenue (Million USD) (2019-2023)
Table 136. Ningguo Dongfang Grinding Materials Strategic initiatives
Table 137. Anhui Ningguo Wear-Resistant Fittings Factory Profiles
Table 138. Anhui Ningguo Wear-Resistant Fittings Factory Grinding Media Product Introduction
Table 139. Anhui Ningguo Wear-Resistant Fittings Factory Grinding Media Production (Unit), Revenue (Million USD) (2019-2023)
Table 140. Anhui Ningguo Wear-Resistant Fittings Factory Strategic initiatives
Table 141. Anshan Dongtai Wear Resistant Material Profiles
Table 142. Anshan Dongtai Wear Resistant Material Grinding Media Product Introduction
Table 143. Anshan Dongtai Wear Resistant Material Grinding Media Production (Unit), Revenue (Million USD) (2019-2023)
Table 144. Anshan Dongtai Wear Resistant Material Strategic initiatives
Table 145. Kuangshan Naimo Profiles
Table 146. Kuangshan Naimo Grinding Media Product Introduction
Table 147. Kuangshan Naimo Grinding Media Production (Unit), Revenue (Million USD) (2019-2023)
Table 148. Kuangshan Naimo Strategic initiatives
Table 149. Zhangqiu Taitou Profiles
Table 150. Zhangqiu Taitou Grinding Media Product Introduction
Table 151. Zhangqiu Taitou Grinding Media Production (Unit), Revenue (Million USD) (2019-2023)
Table 152. Zhangqiu Taitou Strategic initiatives
Table 153. Hongyu New Material Profiles
Table 154. Hongyu New Material Grinding Media Product Introduction
Table 155. Hongyu New Material Grinding Media Production (Unit), Revenue (Million USD) (2019-2023)
Table 156. Hongyu New Material 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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