Summary
This report aims to provide a comprehensive presentation of the global market for Medium Voltage Switchgears , with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Medium Voltage Switchgears . This report contains market size and forecasts of Medium Voltage Switchgears in global, including the following market information:
Global Medium Voltage Switchgears Market Revenue, 2019-2023, 2024-2029, ($ millions);
Global Medium Voltage Switchgears Market Sales, 2019-2023, 2024-2029, (K Unites)；
Global top Medium Voltage Switchgears companies in 2023 (%)；
The global Medium Voltage Switchgears market was valued at US$ million in 2023 and is projected to reach US$ million by 2029, at a CAGR of % during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The U.S. Market is Estimated at $ Million in 2023, While China is Forecast to Reach $ Million.
The global key manufacturers of Medium Voltage Switchgears include ABB
, Siemens
, Eaton
, Schneider Electric
, etc. in 2023, the global top five players have a share approximately % in terms of revenue.
We surveyed the Medium Voltage Switchgears manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
USA
Europe
China
Japan
India
Korea
Southeast Asia
Competitive Analysis; Who are the Major Players in Medium Voltage Switchgears Market?
ABB
Siemens
Eaton
Schneider Electric
GE Industrial
Toshiba
Hitachi
CHINT
Mitsubishi Electric
Lucy Electric
Fuji Electric
Bharat Heavy Electricals
Crompton Greaves Ltd.
BOER
Hyundai Heavy Industries
Efacec
Nissin Electric
Dual-ADE
Powell Industries
Henan Senyuan Electric
Hyosung Power & Industrial Systems
Huatech
Major Type of Medium Voltage Switchgears Covered in VICResearch report:
Air Insulated Switchgears
Gas Insulated Switchgears
Others
Application Segments Covered in VICResearch Market
Residential
Industrial
Commercial
Utility Installations
For any other requirements, please feel free to contact us and we will provide you customized report.
Table of Contents
Global Medium Voltage Switchgears Market Segment Research Report 2023
1. Research Scope
2. Market Overview
2.1 Product Introduction, Application, Picture
2.2 Global Medium Voltage Switchgears Market by Value
2.2.1 Global Medium Voltage Switchgears Revenue by Type
2.2.2 Global Medium Voltage Switchgears Market by Value
2.3 Global Medium Voltage Switchgears Market by Sales
2.3.1 Global Medium Voltage Switchgears Sales by Type
2.3.2 Global Medium Voltage Switchgears Market by Sales
3. The Major Driver of Medium Voltage Switchgears Industry
3.1 Historical & Forecast Global Medium Voltage Switchgears Sales and Revenue (2019-2029)
3.2 Largest Application for Medium Voltage Switchgears (2019-2029)
3.3 The Major Downstream Company in China Market 2023
4. Global and Regional Medium Voltage Switchgears Market
4.1 Regional Market Size in Terms of Sales (2023 & 2029)
4.2 Regional Market Share in Terms of Revenue (2023 & 2029)
4.3 Concentration Ratio (CR5& CR10) of Medium Voltage Switchgears Market
4.4 Mergers & Acquisitions, Expansion Plans
5. US Medium Voltage Switchgears Sales (2019-2029)
5.1 Current and Estimated Sales Breakdown by Type (2019-2029)
5.2 Current and Estimated Sales Breakdown by Application (2019-2029)
5.3 Current and Estimated Revenue Breakdown by Type (2019-2029)
5.4 Current and Estimated Revenue Breakdown by Application (2019-2029)
6. Europe Medium Voltage Switchgears Sales (2019-2029)
6.1 Current and Estimated Sales Breakdown by Type (2019-2029)
6.2 Current and Estimated Sales Breakdown by Application (2019-2029)
6.3 Current and Estimated Revenue Breakdown by Type (2019-2029)
6.4 Current and Estimated Revenue Breakdown by Application (2019-2029)
7. China Medium Voltage Switchgears Sales (2019-2029)
7.1 Current and Estimated Sales Breakdown by Type (2019-2029)
7.2 Current and Estimated Sales Breakdown by Application (2019-2029)
7.3 Current and Estimated Revenue Breakdown by Type (2019-2029)
7.4 Current and Estimated Revenue Breakdown by Application (2019-2029)
8. Japan Medium Voltage Switchgears Sales (2019-2029)
8.1 Current and Estimated Sales Breakdown by Type (2019-2029)
8.2 Current and Estimated Sales Breakdown by Application (2019-2029)
8.3 Current and Estimated Revenue Breakdown by Type (2019-2029)
8.4 Current and Estimated Revenue Breakdown by Application (2019-2029)
9. India Medium Voltage Switchgears Sales (2019-2029)
9.1 Current and Estimated Sales Breakdown by Type (2019-2029)
9.2 Current and Estimated Sales Breakdown by Application (2019-2029)
9.3 Current and Estimated Revenue Breakdown by Type (2019-2029)
9.4 Current and Estimated Revenue Breakdown by Application (2019-2029)
10. Korea Medium Voltage Switchgears Sales (2019-2029)
10.1 Current and Estimated Sales Breakdown by Type (2019-2029)
10.2 Current and Estimated Sales Breakdown by Application (2019-2029)
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 Medium Voltage Switchgears Sales (2019-2029)
11.1 Current and Estimated Sales Breakdown by Type (2019-2029)
11.2 Current and Estimated Sales Breakdown by Application (2019-2029)
11.3 Current and Estimated Revenue Breakdown by Type (2019-2029)
11.4 Current and Estimated Revenue Breakdown by Application (2019-2029)
12. South America Medium Voltage Switchgears Sales (2019-2029)
12.1 Current and Estimated Sales Breakdown by Type (2019-2029)
12.2 Current and Estimated Sales Breakdown by Application (2019-2029)
12.3 Current and Estimated Revenue Breakdown by Type (2019-2029)
12.4 Current and Estimated Revenue Breakdown by Application (2019-2029)
13. Global Medium Voltage Switchgears Average Price Trend
13.1 Market Price for Each Type of Medium Voltage Switchgears in US (2019-2023)
13.2 Market Price for Each Type of Medium Voltage Switchgears in Europe (2019-2023)
13.3 Market Price for Each Type of Medium Voltage Switchgears in China (2019-2023)
13.4 Market Price for Each Type of Medium Voltage Switchgears in Japan (2019-2023)
13.5 Market Price for Each Type of Medium Voltage Switchgears in India (2019-2023)
13.6 Market Price for Each Type of Medium Voltage Switchgears in Korea (2019-2023)
13.7 Market Price for Each Type of Medium Voltage Switchgears in Southeast Asia (2019-2023)
13.8 Market Price for Each Type of Medium Voltage Switchgears in South America (2019-2023)
14. Industrial Chain
14.1 Medium Voltage Switchgears Industrial Chain Analysis
14.2 Downstream
14.3 Impact of COVID-19
14.4 Post-pandemic Era
14.5 Technology Trends of Medium Voltage Switchgears
15. Medium Voltage Switchgears Competitive Landscape
15.1 ABB
15.1.1 ABB
Company Profiles
15.1.2 ABB
Product Introduction
15.1.3 ABB
Medium Voltage Switchgears Sales, Revenue (2019-2023)
15.1.4 Strategic initiatives
15.2 Siemens
15.2.1 Siemens
Company Profiles
15.2.2 Siemens
Product Introduction
15.2.3 Siemens
Medium Voltage Switchgears Sales, Revenue (2019-2023)
15.2.4 Strategic initiatives
15.3 Eaton
15.3.1 Eaton
Company Profiles
15.3.2 Eaton
Product Introduction
15.3.3 Eaton
Medium Voltage Switchgears Sales, Revenue (2019-2023)
15.3.4 Strategic initiatives
15.4 Schneider Electric
15.4.1 Schneider Electric
Company Profiles
15.4.2 Schneider Electric
Product Introduction
15.4.3 Schneider Electric
Medium Voltage Switchgears Sales, Revenue (2019-2023)
15.4.4 Strategic initiatives
15.5 GE Industrial
15.5.1 GE Industrial
Company Profiles
15.5.2 GE Industrial
Product Introduction
15.5.3 GE Industrial
Medium Voltage Switchgears Sales, Revenue (2019-2023)
15.5.4 Strategic initiatives
15.6 Toshiba
15.6.1 Toshiba
Company Profiles
15.6.2 Toshiba
Product Introduction
15.6.3 Toshiba
Medium Voltage Switchgears Sales, Revenue (2019-2023)
15.6.4 Strategic initiatives
15.7 Hitachi
15.7.1 Hitachi
Company Profiles
15.7.2 Hitachi
Product Introduction
15.7.3 Hitachi
Medium Voltage Switchgears Sales, Revenue (2019-2023)
15.7.4 Strategic initiatives
15.8 CHINT
15.8.1 CHINT
Company Profiles
15.8.2 CHINT
Product Introduction
15.8.3 CHINT
Medium Voltage Switchgears Sales, Revenue (2019-2023)
15.8.4 Strategic initiatives
15.9 Mitsubishi Electric
15.9.1 Mitsubishi Electric
Company Profiles
15.9.2 Mitsubishi Electric
Product Introduction
15.9.3 Mitsubishi Electric
Medium Voltage Switchgears Sales, Revenue (2019-2023)
15.9.4 Strategic initiatives
15.10 Lucy Electric
15.10.1 Lucy Electric
Company Profiles
15.10.2 Lucy Electric
Product Introduction
15.10.3 Lucy Electric
Medium Voltage Switchgears Sales, Revenue (2019-2023)
15.10.4 Strategic initiatives
15.11 Fuji Electric
15.12 Bharat Heavy Electricals
15.13 Crompton Greaves Ltd.
15.14 BOER
15.15 Hyundai Heavy Industries
15.16 Efacec
15.17 Nissin Electric
15.18 Dual-ADE
15.19 Powell Industries
15.20 Henan Senyuan Electric
15.21 Hyosung Power & Industrial Systems
15.22 Huatech
16. Conclusion
17. Methodology and Data Source
List of Tables and Figures
Figure 1. Total Sales by Application of Medium Voltage Switchgears Industry (Volume)
Figure 2. Medium Voltage Switchgears Sales by Regions in 2023
Figure 3. Regional Market Share in Terms of Revenue (2019 & 2023)
Figure 4. The Top 10 and 5 Players Market Share by Medium Voltage Switchgears Revenue in 2023
Figure 5. US Medium Voltage Switchgears Sales (2019-2029)
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 Medium Voltage Switchgears Sales (2019-2029)
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 Medium Voltage Switchgears Sales (2019-2029)
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 Medium Voltage Switchgears Sales (2019-2029)
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 Medium Voltage Switchgears Sales (2019-2029)
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 Medium Voltage Switchgears Sales (2019-2029)
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 Medium Voltage Switchgears Sales (2019-2029)
Figure 43. Current and Estimated Sales Breakdown by Type (2019-2029)
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. Medium Voltage Switchgears Revenue, by Type (Million USD) (2019-2029)
Table 4. Medium Voltage Switchgears Sales, by Type (K Unit) (2019-2029)
Table 5. Medium Voltage Switchgears Sales (K Unit) by Application (2019-2029)
Table 6. Medium Voltage Switchgears Sales (Million USD) by Application (2019-2029)
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&2029)
Table 10. Ranking of Global Top Medium Voltage Switchgears Companies by Revenue, Concentration Ratio in 2023
Table 11. Mergers & Acquisitions, Expansion Plans
Table 12. US Medium Voltage Switchgears Sales (K Unit), Market Revenue (Million USD) (2019-2029)
Table 13. Current and Estimated Sales Breakdown by Type (2019-2029)
Table 14. Current and Estimated Sales Breakdown by Type (2019-2029)
Table 15. Current and Estimated Sales 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 Medium Voltage Switchgears Sales (K Unit), Market Revenue (Million USD) (2019-2029)
Table 19. Current and Estimated Sales Breakdown by Type (2019-2029)
Table 20. Current and Estimated Sales Breakdown by Type (2019-2029)
Table 21. Current and Estimated Sales 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 Medium Voltage Switchgears Sales (K Unit), Market Revenue (Million USD) (2019-2029)
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 Medium Voltage Switchgears Sales (K Unit), Market Revenue (Million USD) (2019-2029)
Table 30. Current and Estimated Sales Breakdown by Type (2019-2029)
Table 31. Current and Estimated Sales Breakdown by Type (2019-2029)
Table 32. Current and Estimated Sales 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 Medium Voltage Switchgears Sales (K Unit), Market Revenue (Million USD) (2019-2029)
Table 36. Current and Estimated Sales Breakdown by Type (2019-2029)
Table 37. Current and Estimated Sales Breakdown by Type (2019-2029)
Table 38. Current and Estimated Sales 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 Medium Voltage Switchgears Sales (K Unit), Market Revenue (Million USD) (2019-2029)
Table 42. Current and Estimated Sales Breakdown by Type (2019-2029)
Table 43. Current and Estimated Sales Breakdown by Type (2019-2029)
Table 44. Current and Estimated Sales 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 Medium Voltage Switchgears Sales (K Unit), Market Revenue (Million USD) (2019-2029)
Table 48. Table Current and Estimated Sales Breakdown by Type (2019-2029)
Table 49. Current and Estimated Sales 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 Medium Voltage Switchgears in US (2019-2023)
Table 53. Market Price (USD/Unit) for Each Type of Medium Voltage Switchgears in Europe (2019-2023)
Table 54. Market Price (USD/Unit) for Each Type of Medium Voltage Switchgears in China (2019-2023)
Table 55. Market Price (USD/Unit) for Each Type of Medium Voltage Switchgears in Japan (2019-2023)
Table 56. Market Price (USD/Unit) for Each Type of Medium Voltage Switchgears in India (2019-2023)
Table 57. Market Price (USD/Unit) for Each Type of Medium Voltage Switchgears in Korea (2019-2023)
Table 58. Market Price (USD/Unit) for Each Type of Medium Voltage Switchgears in Southeast Asia (2019-2023)
Table 59. Key Downstream Customer in Each Application Field
Table 60. ABB
Profiles
Table 61. ABB
Medium Voltage Switchgears Product Introduction
Table 62. ABB
Medium Voltage Switchgears Sales (Unit), Revenue (Million USD) (2019-2023)
Table 63. ABB
Strategic initiatives
Table 64. Siemens
Profiles
Table 65. Siemens
Medium Voltage Switchgears Product Introduction
Table 66. Siemens
Medium Voltage Switchgears Sales (Unit), Revenue (Million USD) (2019-2023)
Table 67. Siemens
Strategic initiatives
Table 68. Eaton
Profiles
Table 69. Eaton
Medium Voltage Switchgears Product Introduction
Table 70. Eaton
Medium Voltage Switchgears Sales (Unit), Revenue (Million USD) (2019-2023)
Table 71. Eaton
Strategic initiatives
Table 72. Schneider Electric
Profiles
Table 73. Schneider Electric
Medium Voltage Switchgears Product Introduction
Table 74. Schneider Electric
Medium Voltage Switchgears Sales (Unit), Revenue (Million USD) (2019-2023)
Table 75. Schneider Electric
Strategic initiatives
Table 76. GE Industrial
Profiles
Table 77. GE Industrial
Medium Voltage Switchgears Product Introduction
Table 78. GE Industrial
Medium Voltage Switchgears Sales (Unit), Revenue (Million USD) (2019-2023)
Table 79. GE Industrial
Strategic initiatives
Table 80. Toshiba
Profiles
Table 81. Toshiba
Medium Voltage Switchgears Product Introduction
Table 82. Toshiba
Medium Voltage Switchgears Sales (Unit), Revenue (Million USD) (2019-2023)
Table 83. Toshiba
Strategic initiatives
Table 84. Hitachi
Profiles
Table 85. Hitachi
Medium Voltage Switchgears Product Introduction
Table 86. Hitachi
Medium Voltage Switchgears Sales (Unit), Revenue (Million USD) (2019-2023)
Table 87. Hitachi
Strategic initiatives
Table 88. CHINT
Profiles
Table 89. CHINT
Medium Voltage Switchgears Product Introduction
Table 90. CHINT
Medium Voltage Switchgears Sales (Unit), Revenue (Million USD) (2019-2023)
Table 91. CHINT
Strategic initiatives
Table 92. Mitsubishi Electric
Profiles
Table 93. Mitsubishi Electric
Medium Voltage Switchgears Product Introduction
Table 94. Mitsubishi Electric
Medium Voltage Switchgears Sales (Unit), Revenue (Million USD) (2019-2023)
Table 95. Mitsubishi Electric
Strategic initiatives
Table 97. Lucy Electric
Profiles
Table 98. Lucy Electric
Medium Voltage Switchgears Product Introduction
Table 99. Lucy Electric
Medium Voltage Switchgears Sales (Unit), Revenue (Million USD) (2019-2023)
Table 100. Lucy Electric
Strategic initiatives
Table 101. Fuji Electric
Profiles
Table 102. Fuji Electric
Medium Voltage Switchgears Product Introduction
Table 103. Fuji Electric
Medium Voltage Switchgears Sales (Unit), Revenue (Million USD) (2019-2023)
Table 104. Fuji Electric
Strategic initiatives
Table 105. Bharat Heavy Electricals
Profiles
Table 106. Bharat Heavy Electricals
Medium Voltage Switchgears Product Introduction
Table 107. Bharat Heavy Electricals
Medium Voltage Switchgears Sales (Unit), Revenue (Million USD) (2019-2023)
Table 108. Bharat Heavy Electricals
Strategic initiatives
Table 109. Crompton Greaves Ltd.
Profiles
Table 110. Crompton Greaves Ltd.
Medium Voltage Switchgears Product Introduction
Table 111. Crompton Greaves Ltd.
Medium Voltage Switchgears Sales (Unit), Revenue (Million USD) (2019-2023)
Table 112. Crompton Greaves Ltd.
Strategic initiatives
Table 113. BOER
Profiles
Table 114. BOER
Medium Voltage Switchgears Product Introduction
Table 115. BOER
Medium Voltage Switchgears Sales (Unit), Revenue (Million USD) (2019-2023)
Table 116. BOER
Strategic initiatives
Table 117. Hyundai Heavy Industries
Profiles
Table 118. Hyundai Heavy Industries
Medium Voltage Switchgears Product Introduction
Table 119. Hyundai Heavy Industries
Medium Voltage Switchgears Sales (Unit), Revenue (Million USD) (2019-2023)
Table 120. Hyundai Heavy Industries
Strategic initiatives
Table 121. Efacec
Profiles
Table 122. Efacec
Medium Voltage Switchgears Product Introduction
Table 123. Efacec
Medium Voltage Switchgears Sales (Unit), Revenue (Million USD) (2019-2023)
Table 124. Efacec
Strategic initiatives
Table 125. Nissin Electric
Profiles
Table 126. Nissin Electric
Medium Voltage Switchgears Product Introduction
Table 127. Nissin Electric
Medium Voltage Switchgears Sales (Unit), Revenue (Million USD) (2019-2023)
Table 128. Nissin Electric
Strategic initiatives
Table 129. Dual-ADE
Profiles
Table 130. Dual-ADE
Medium Voltage Switchgears Product Introduction
Table 131. Dual-ADE
Medium Voltage Switchgears Sales (Unit), Revenue (Million USD) (2019-2023)
Table 132. Dual-ADE
Strategic initiatives
Table 133. Powell Industries
Profiles
Table 134. Powell Industries
Medium Voltage Switchgears Product Introduction
Table 135. Powell Industries
Medium Voltage Switchgears Sales (Unit), Revenue (Million USD) (2019-2023)
Table 136. Powell Industries
Strategic initiatives
Table 137. Henan Senyuan Electric
Profiles
Table 138. Henan Senyuan Electric
Medium Voltage Switchgears Product Introduction
Table 139. Henan Senyuan Electric
Medium Voltage Switchgears Sales (Unit), Revenue (Million USD) (2019-2023)
Table 140. Henan Senyuan Electric
Strategic initiatives
Table 141. Hyosung Power & Industrial Systems
Profiles
Table 142. Hyosung Power & Industrial Systems
Medium Voltage Switchgears Product Introduction
Table 143. Hyosung Power & Industrial Systems
Medium Voltage Switchgears Sales (Unit), Revenue (Million USD) (2019-2023)
Table 144. Hyosung Power & Industrial Systems
Strategic initiatives
Table 145. Huatech
Profiles
Table 146. Huatech
Medium Voltage Switchgears Product Introduction
Table 147. Huatech
Medium Voltage Switchgears Sales (Unit), Revenue (Million USD) (2019-2023)
Table 148. Huatech
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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