Summary
This report aims to provide a comprehensive presentation of the global market for Stationary Fuel Cell , 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 Stationary Fuel Cell. This report contains market size and forecasts of Stationary Fuel Cell in global, including the following market information:
Global Stationary Fuel Cell Market Revenue, 2019-2023, 2024-2029, ($ millions);
Global Stationary Fuel Cell Market Sales, 2019-2023, 2024-2029, (K Unites);
Global top Stationary Fuel Cell companies in 2023 (%);
The global Stationary Fuel Cell 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 Stationary Fuel Cell include Panasonic
, Toshiba
, Siemens
,Fuji Electric
, etc. in 2023, the global top five players have a share approximately % in terms of revenue.
We surveyed the Stationary Fuel Cell 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.
Regional Segmentation (Value; Revenue, USD Million, 2019- 2029) of Stationary Fuel Cell Market by VICResearch Include
NorthAmerica
Asia
Europe
Middle East & Africa
South America
Competitive Analysis; Who are the Major Players in Stationary Fuel Cell Market?
Panasonic
Toshiba
Siemens
Fuji Electric
POSCO ENERGY
Bloom Energy
JX Nippon
FuelCell Energy
Ballard Power
Plug Power
Doosan PureCell America
Altergy
SOLIDpower
Major Type of Stationary Fuel Cell Covered in VICResearch report:
0-1 KW
1-4 KW
Above 4 KW
Application Segments Covered in VICResearch Market
Residential
Telecommunications Network
Secure Communications
Other
For any other requirements, please feel free to contact us and we will provide you customized report.
Table of Contents
Global Stationary Fuel Cell 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 0-1 KW
-Product Introduction and Major Company
1.1.2 1-4 KW
-Product Introduction and Major Company
1.1.3 Above 4 KW
-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 & 2029)
2.2 Regional Market Share in Terms of Revenue (2019 & 2023 & 2029)
2.3 Regional Market Share in Terms of Consumption (2019 & 2023 & 2029)
3 Global Stationary Fuel Cell Market Assessment by Type
3.1 Global Stationary Fuel Cell Sales by Type (2019-2029)
3.2 Global Stationary Fuel Cell Revenue by Type (2019-2029)
3.3 North America Stationary Fuel Cell Sales and Revenue by Type (2019-2029)
3.4 Asia Stationary Fuel Cell Sales and Revenue by Type (2019-2029)
3.5 Europe Stationary Fuel Cell Sales and Revenue by Type (2019-2029)
3.6 Middle East & Africa Stationary Fuel Cell Sales and Revenue by Type (2019-2029)
3.7 South America Stationary Fuel Cell Sales and Revenue by Type (2019-2029)
4 Historical & Forecast Global Stationary Fuel Cell Market Assessment by Application
4.1 Global Stationary Fuel Cell Consumption and Consumption in Different Application Field (2019-2029)
4.2 North America Stationary Fuel Cell Consumption and Consumption in Different Application Field (2019-2029)
4.3 Asia Stationary Fuel Cell Consumption and Consumption in Different Application Field (2019-2029)
4.4 Europe Stationary Fuel Cell Consumption and Consumption in Different Application Field (2019-2029)
4.5 Middle East & Africa Stationary Fuel Cell Consumption and Consumption in Different Application Field (2019-2029)
4.6 South America Stationary Fuel Cell Consumption and Consumption in Different Application Field (2019-2029)
5 North America
5.1 US Stationary Fuel Cell Sales, Revenue and Growth Rate (2019-2029)
5.2 Canada Stationary Fuel Cell Sales, Revenue and Growth Rate (2019-2029)
5.3 Mexico Stationary Fuel Cell Sales, Revenue and Growth Rate (2019-2029)
6 Asia
6.1 China Stationary Fuel Cell Sales, Revenue and Growth Rate (2019-2029)
6.2 Japan Stationary Fuel Cell Sales, Revenue and Growth Rate (2019-2029)
6.3 India Stationary Fuel Cell Sales, Revenue and Growth Rate (2019-2029)
6.4 Korea Stationary Fuel Cell Sales, Revenue and Growth Rate (2019-2029)
6.5 Southeat Asia Stationary Fuel Cell Sales, Revenue and Growth Rate (2019-2029)
7 Europe
7.1 Germany Stationary Fuel Cell Sales, Revenue and Growth Rate (2019-2029)
7.2 UK Stationary Fuel Cell Sales, Revenue and Growth Rate (2019-2029)
7.3 France Stationary Fuel Cell Sales, Revenue and Growth Rate (2019-2029)
7.4 Russia Stationary Fuel Cell Sales, Revenue and Growth Rate (2019-2029)
7.5 Italy Stationary Fuel Cell Sales, Revenue and Growth Rate (2019-2029)
8 Middle East and Africa
8.1 Saudi Stationary Fuel Cell Sales, Revenue and Growth Rate (2019-2029)
8.2 UAE Stationary Fuel Cell Sales, Revenue and Growth Rate (2019-2029)
8.3 Egypt Stationary Fuel Cell Sales, Revenue and Growth Rate (2019-2029)
8.4 Nigeria Stationary Fuel Cell Sales, Revenue and Growth Rate (2019-2029)
8.5 South Africa Stationary Fuel Cell Sales, Revenue and Growth Rate (2019-2029)
9 South America
9.1 Brazil Stationary Fuel Cell Sales, Revenue and Growth Rate (2019-2029)
9.2 Argentina Stationary Fuel Cell Sales, Revenue and Growth Rate (2019-2029)
9.3 Colombia Stationary Fuel Cell Sales, Revenue and Growth Rate (2019-2029)
10 Global Stationary Fuel Cell Average Price Trend
10.1 Market Price for Each Type of Stationary Fuel Cell in North America (2019-2029)
10.2 Market Price for Each Type of Stationary Fuel Cell in Asia (2019-2029)
10.3 Market Price for Each Type of Stationary Fuel Cell in Europe (2019-2029)
10.4 Market Price for Each Type of Stationary Fuel Cell in Middle East & Africa (2019-2029)
10.5 Market Price for Each Type of Stationary Fuel Cell in South America (2019-2029)
11 Value Chain
11.1 Stationary Fuel Cell Value Chain Analysis
11.1.1 Upstream
11.1.2 Downstream
11.2 COVID-19 Impact on Stationary Fuel Cell 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 Stationary Fuel Cell Market, Competitive Analysis
12.1 Panasonic
12.1.1 Panasonic
Company Profiles and Company News
12.1.2 Panasonic
Product Introduction
12.1.3 Panasonic
Stationary Fuel Cell Sales, Revenue (2019-2023)
12.1.4 SWOT Analysis
12.2 Toshiba
12.2.1 Toshiba
Company Profiles and Company News
12.2.2 Toshiba
Product Introduction
12.2.3 Toshiba
Stationary Fuel Cell Sales, Revenue (2019-2023)
12.2.4 SWOT Analysis
12.3 Siemens
12.3.1 Siemens
Company Profiles and Company News
12.3.2 Siemens
Product Introduction
12.3.3 Siemens
Stationary Fuel Cell Sales, Revenue (2019-2023)
12.3.4 SWOT Analysis
12.4 Fuji Electric
12.4.1 Fuji Electric
Company Profiles and Company News
12.4.2 Fuji Electric
Product Introduction
12.4.3 Fuji Electric
Stationary Fuel Cell Sales, Revenue (2019-2023)
12.4.4 SWOT Analysis
12.5 Ballard Power
12.5.1 POSCO ENERGY
Company Profiles and Company News
12.5.2 POSCO ENERGY
Product Introduction
12.5.3 POSCO ENERGY
Stationary Fuel Cell Sales, Revenue (2019-2023)
12.5.4 SWOT Analysis
12.6 Bloom Energy
12.6.1 Bloom Energy
Company Profiles and Company News
12.6.2 Bloom Energy
Product Introduction
12.6.3 Bloom Energy
Stationary Fuel Cell Sales, Revenue (2019-2023)
12.6.4 SWOT Analysis
12.7 JX Nippon
12.7.1 JX Nippon
Company Profiles and Company News
12.7.2 JX Nippon
Product Introduction
12.7.3 JX Nippon
Stationary Fuel Cell Sales, Revenue (2019-2023)
12.7.4 SWOT Analysis
12.8 FuelCell Energy
12.8.1 FuelCell Energy
Company Profiles and Company News
12.8.2 FuelCell Energy
Product Introduction
12.8.3 FuelCell Energy
Stationary Fuel Cell Sales, Revenue (2019-2023)
12.8.4 SWOT Analysis
12.9 Ballard Power
12.9.1 Ballard Power
Company Profiles and Company News
12.9.2 Ballard Power
Product Introduction
12.9.3 Ballard Power
Stationary Fuel Cell Sales, Revenue (2019-2023)
12.9.4 SWOT Analysis
12.10 Plug Power
12.10.1 Plug Power
Company Profiles and Company News
12.10.2 Plug Power
Product Introduction
12.10.3 Plug Power
Stationary Fuel Cell Sales, Revenue (2019-2023)
12.10.4 SWOT Analysis
12.11 Doosan PureCell America
12.12 Altergy
12.13 SOLIDpower
13 Global Stationary Fuel Cell Market, Competitive Landscape and Market Forecast
13.1 Key Companies Dominating the Global Stationary Fuel Cell Market
13.2 Concentration Ratio (CR5) of Global Stationary Fuel Cell Market (2019)
13.2.1 Market Share of Top 5 Players in Term of Revenue (2019)
13.3 Concentration Ratio (CR5) of Global Stationary Fuel Cell 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 Stationary Fuel Cell Sales Market Share of Top 5 Players
Table CAGR of Major Market (2019-2023)
Table CAGR in Terms of Sales of Each Type (2019-2029)
Table Regional Market Share in Terms of Sales (2019-2029)
Figure Regional Market Share in Terms of Sales (2019 - 2023)
Table Regional Market Share in Terms of Revenue (2019-2029)
Figure Regional Market Share in Terms of Revenue (2019 - 2023)
Figure Regional Market Share in Terms of Consumption (2019 - 2023)
Figure Regional Market Share in Terms of Consumption (2019 - 2023)
Table Global Stationary Fuel Cell Sales (K Unit) by Type (2019-2029)
Figure Global Stationary Fuel Cell Sales (K Unit) and Growth Rate (2019-2029)
Figure Global Stationary Fuel Cell Sales Market Share (%) by Type (2019 -2023)
Table Global Stationary Fuel Cell Revenue (Million USD) by Type (2019-2029)
Figure Global Stationary Fuel Cell Revenue (Million USD) and Growth Rate (2019-2029)
Figure Global Stationary Fuel Cell Revenue Market Share (%) by Type (2019-2023)
Figure North America Stationary Fuel Cell Sales (K Unit) by Type (2019-2029)
Figure North America Stationary Fuel Cell Sales (K Unit) and Growth Rate (2019-2029)
Figure North America Stationary Fuel Cell Revenue (Million USD) by Type (2019-2029)
Figure North America Stationary Fuel Cell Revenue (Million USD) and Growth Rate (2019-2029)
Figure Asia Stationary Fuel Cell Sales (K Unit) by Type (2019-2029)
Figure Asia Stationary Fuel Cell Sales (K Unit) and Growth Rate (2019-2029)
Figure Asia Stationary Fuel Cell Revenue (Million USD) by Type (2019-2029)
Figure Asia Stationary Fuel Cell Revenue (Million USD) and Growth Rate (2019-2029)
Figure Europe Stationary Fuel Cell Sales (K Unit) by Type (2019-2029)
Figure Europe Stationary Fuel Cell Sales (K Unit) and Growth Rate (2019-2029)
Figure Europe Stationary Fuel Cell Revenue (Million USD) by Type (2019-2029)
Figure Europe Stationary Fuel Cell Revenue (Million USD) and Growth Rate (2019-2029)
Figure Middle East & Africa Stationary Fuel Cell Sales (K Unit) by Type (2019-2029)
Figure Middle East & Africa Stationary Fuel Cell Sales (K Unit) and Growth Rate (2019-2029)
Figure Middle East & Africa Stationary Fuel Cell Revenue (Million USD) by Type (2019-2029)
Figure Middle East & Africa Stationary Fuel Cell Revenue (Million USD) and Growth Rate (2019-2029)
Figure South America Stationary Fuel Cell Sales (K Unit) by Type (2019-2029)
Figure South America Stationary Fuel Cell Sales (K Unit) and Growth Rate (2019-2029)
Figure South America Stationary Fuel Cell Revenue (Million USD) by Type (2019-2029)
Figure South America Stationary Fuel Cell Revenue (Million USD) and Growth Rate (2019-2029)
Table Historical & Forecast Stationary Fuel Cell Different Application Field Consumption (K Unit)
Figure Consumption (K Unit) and Growth Rate (2019-2029)
Figure Different Application Field Consumption Market Share (%) (2019-2023)
Table Historical & Forecast Stationary Fuel Cell Different Application Field Consumption (K Unit)
Figure North America Stationary Fuel Cell Consumption (K Unit) and Growth Rate (2019-2029)
Figure North America Stationary Fuel Cell Consumption Market Share (%) by Application (2019-2029)
Table Historical & Forecast Stationary Fuel Cell Different Application Field Consumption (K Unit)
Figure Asia Stationary Fuel Cell Consumption (K Unit) and Growth Rate (2019-2029)
Figure Asia Stationary Fuel Cell Consumption Market Share (%) by Application (2019-2029)
Table Historical & Forecast Stationary Fuel Cell Different Application Field Consumption (K Unit)
Figure Europe Stationary Fuel Cell Consumption (K Unit) and Growth Rate (2019-2029)
Figure Europe Stationary Fuel Cell Consumption Market Share (%) by Application (2019-2029)
Table Historical & Forecast Stationary Fuel Cell Different Application Field Consumption (K Unit)
Figure Middle East & Africa Stationary Fuel Cell Consumption (K Unit) and Growth Rate (2019-2029)
Figure Middle East & Africa Stationary Fuel Cell Consumption Market Share (%) by Application (2019-2029)
Table Historical & Forecast Stationary Fuel Cell Different Application Field Consumption (K Unit)
Figure South America Stationary Fuel Cell Consumption (K Unit) and Growth Rate (2019-2029)
Figure South America Stationary Fuel Cell Consumption Market Share (%) by Application (2019-2029)
Table Historical & Forecast Stationary Fuel Cell Different Application Field Consumption (K Unit)
Table US Stationary Fuel Cell Capacity (K Units), Sales (K Units) and Consumption (K Units) (2019-2029) and Proportion of Products Sold
Figure Proportion of Products Sold (%) (2019-2029)
Table Canada Stationary Fuel Cell Capacity (K Units), Sales (K Units) and Consumption (K Units) (2019-2029) and Proportion of Products Sold
Figure Proportion of Products Sold (%) (2019-2029)
Table Mexico Stationary Fuel Cell Capacity (K Units), Sales (K Units) and Consumption (K Units) (2019-2029) and Proportion of Products Sold
Figure Proportion of Products Sold (%) (2019-2029)
Table China Stationary Fuel Cell Capacity (K Units), Sales (K Units) and Consumption (K Units) (2019-2029) and Proportion of Products Sold
Figure Proportion of Products Sold (%) (2019-2029)
Table Japan Stationary Fuel Cell Capacity (K Units), Sales (K Units) and Consumption (K Units) (2019-2029) and Proportion of Products Sold
Figure Proportion of Products Sold (%) (2019-2029)
Table India Stationary Fuel Cell Capacity (K Units), Sales (K Units) and Consumption (K Units) (2019-2029) and Proportion of Products Sold
Figure Proportion of Products Sold (%) (2019-2029)
Table Korea Stationary Fuel Cell Capacity (K Units), Sales (K Units) and Consumption (K Units) (2019-2029) and Proportion of Products Sold
Figure Proportion of Products Sold (%) (2019-2029)
Table Southeast Asia Stationary Fuel Cell Capacity (K Units), Sales (K Units) and Consumption (K Units) (2019-2029) and Proportion of Products Sold
Figure Proportion of Products Sold (%) (2019-2029)
Table Germany Stationary Fuel Cell Capacity (K Units), Sales (K Units) and Consumption (K Units) (2019-2029) and Proportion of Products Sold
Figure Proportion of Products Sold (%) (2019-2029)
Table UK Stationary Fuel Cell Capacity (K Units), Sales (K Units) and Consumption (K Units) (2019-2029) and Proportion of Products Sold
Figure Proportion of Products Sold (%) (2019-2029)
Table France Stationary Fuel Cell Capacity (K Units), Sales (K Units) and Consumption (K Units) (2019-2029) and Proportion of Products Sold
Figure Proportion of Products Sold (%) (2019-2029)
Table Russia Stationary Fuel Cell Capacity (K Units), Sales (K Units) and Consumption (K Units) (2019-2029) and Proportion of Products Sold
Figure Proportion of Products Sold (%) (2019-2029)
Table Italy Stationary Fuel Cell Capacity (K Units), Sales (K Units) and Consumption (K Units) (2019-2029) and Proportion of Products Sold
Figure Proportion of Products Sold (%) (2019-2029)
Table Saudi Stationary Fuel Cell Capacity (K Units), Sales (K Units) and Consumption (K Units) (2019-2029) and Proportion of Products Sold
Figure Proportion of Products Sold (%) (2019-2029)
Table UAE Stationary Fuel Cell Capacity (K Units), Sales (K Units) and Consumption (K Units) (2019-2029) and Proportion of Products Sold
Figure Proportion of Products Sold (%) (2019-2029)
Table Egypt Stationary Fuel Cell Capacity (K Units), Sales (K Units) and Consumption (K Units) (2019-2029) and Proportion of Products Sold
Figure Proportion of Products Sold (%) (2019-2029)
Table Nigeria Stationary Fuel Cell Capacity (K Units), Sales (K Units) and Consumption (K Units) (2019-2029) and Proportion of Products Sold
Figure Proportion of Products Sold (%) (2019-2029)
Table South Africa Stationary Fuel Cell Capacity (K Units), Sales (K Units) and Consumption (K Units) (2019-2029) and Proportion of Products Sold
Figure Proportion of Products Sold (%) (2019-2029)
Table Brazil Stationary Fuel Cell Capacity (K Units), Sales (K Units) and Consumption (K Units) (2019-2029) and Proportion of Products Sold
Figure Proportion of Products Sold (%) (2019-2029)
Table Argentina Stationary Fuel Cell Capacity (K Units), Sales (K Units) and Consumption (K Units) (2019-2029) and Proportion of Products Sold
Figure Proportion of Products Sold (%) (2019-2029)
Table Colombia Stationary Fuel Cell Capacity (K Units), Sales (K Units) and Consumption (K Units) (2019-2029) and Proportion of Products Sold
Figure Proportion of Products Sold (%) (2019-2029)
Table Market Price (USD/Unit) for Each Type of Stationary Fuel Cell in China
Table Market Price (USD/Unit) for Each Type of Stationary Fuel Cell in EU
Table Market Price (USD/Unit) for Each Type of Stationary Fuel Cell in USA
Table Market Price (USD/Unit) for Each Type of Stationary Fuel Cell in Japan
Table Market Price (USD/Unit) for Each Type of Stationary Fuel Cell in India
Table Market Price (USD/Unit) for Each Type of Stationary Fuel Cell in Southeast Asia
Table Market Price (USD/Unit) for Each Type of Stationary Fuel Cell in South America
Figure Value Chain Structure of Stationary Fuel Cell
Table Value Chain
Table Key Suppliers of Raw Material/Components
Table Key Downstream Customer in Each Application Field
Table Industry News List of Stationary Fuel Cell
Figure Cost Structure of Stationary Fuel Cell in 2023
Table Distributors/Traders List
Table Panasonic
Profiles
Table Panasonic
Stationary Fuel Cell Product Introduction
Figure Panasonic
Stationary Fuel Cell Capacity (Unit), Sales (Unit), Revenue (Million USD) (2019-2023)
Figure Panasonic
SWOT Analysis
Table Toshiba
Profiles
Table Toshiba
Stationary Fuel Cell Product Introduction
Figure Toshiba
Stationary Fuel Cell Capacity (Unit), Sales (Unit), Revenue (Million USD) (2019-2023)
Figure Toshiba
SWOT Analysis
Table Siemens
Profiles
Table Siemens
Stationary Fuel Cell Product Introduction
Figure Siemens
Stationary Fuel Cell Capacity (Unit), Sales (Unit), Revenue (Million USD) (2019-2023)
Figure Siemens
SWOT Analysis
Table Fuji Electric
Profiles
Table Fuji Electric
Stationary Fuel Cell Product Introduction
Figure Fuji Electric
Stationary Fuel Cell Capacity (Unit), Sales (Unit), Revenue (Million USD) (2019-2023)
Figure Fuji Electric
SWOT Analysis
Table POSCO ENERGY
Profiles
Table POSCO ENERGY
Stationary Fuel Cell Product Introduction
Figure POSCO ENERGY
Medical Devices & Consumables Capacity (Unit), Sales (Unit), Revenue (Million USD) (2019-2023)
Figure POSCO ENERGY
SWOT Analysis
Table Bloom Energy
Profiles
Table Bloom Energy
Stationary Fuel Cell Product Introduction
Figure Bloom Energy
Stationary Fuel Cell Capacity (Unit), Sales (Unit), Revenue (Million USD) (2019-2023)
Figure Bloom Energy
SWOT Analysis
Table JX Nippon
Profiles
Table JX Nippon
Stationary Fuel Cell Product Introduction
Figure JX Nippon
Stationary Fuel Cell Capacity (Unit), Sales (Unit), Revenue (Million USD) (2019-2023)
Figure JX Nippon
SWOT Analysis
Table FuelCell Energy
Profiles
Table FuelCell Energy
Stationary Fuel Cell Product Introduction
Figure FuelCell Energy
Stationary Fuel Cell Capacity (Unit), Sales (Unit), Revenue (Million USD) (2019-2023)
Figure FuelCell Energy
SWOT Analysis
Table Ballard Power
Profiles
Table Ballard Power
Stationary Fuel Cell Product Introduction
Figure Ballard Power
Stationary Fuel Cell Capacity (Unit), Sales (Unit), Revenue (Million USD) (2019-2023)
Figure Ballard Power
SWOT Analysis
Table Plug Power
Profiles
Table Plug Power
Stationary Fuel Cell Product Introduction
Figure Plug Power
Stationary Fuel Cell Capacity (Unit), Sales (Unit), Revenue (Million USD) (2019-2023)
Figure Plug Power
SWOT Analysis
Table Doosan PureCell America
Profiles
Table Doosan PureCell America
Stationary Fuel Cell Product Introduction
Figure Doosan PureCell America
Stationary Fuel Cell Capacity (Unit), Sales (Unit), Revenue (Million USD) (2019-2023)
Figure Doosan PureCell America
SWOT Analysis
Table Altergy
Profiles
Table Altergy
Stationary Fuel Cell Product Introduction
Figure Altergy
Stationary Fuel Cell Capacity (Unit), Sales (Unit), Revenue (Million USD) (2019-2023)
Figure Altergy
SWOT Analysis
Table SOLIDpower
Profiles
Table SOLIDpower
Stationary Fuel Cell Product Introduction
Figure SOLIDpower
Stationary Fuel Cell Capacity (Unit), Sales (Unit), Revenue (Million USD) (2019-2023)
Figure SOLIDpower
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.