The research study include the involvement of wide range of secondary sources; databases; directories which include Bloomberg Business, Hoovers, Factiva, and Avention; annual reports, white papers; company house documents; and SEC filings of companies.Secondary research is majorly used to identify and collect information valuable for the extensive, technical, market-oriented, and commercial study of the market.The method was also used for obtaining the key information related to market classification and segmentation according to the industry trends, regional markets, and developments related to the market and technology perspectives.
Primary sources are majorly several industry experts from core and related industries; and preferred suppliers, distributors, suppliers, manufacturers, technology developers, service providers, researchers and organizations associated to all segments of the industry’s value chain.Detailed interviews were also conducted from various primary respondents which included key industry participants, subject-matter experts(SMEs), C - level executives of key market players, and industry consultants, among other experts, to obtain and verify critical qualitative and quantitative information as well as to assess future prospects.The following figure shows the market research methodology applied in making this report.
Once the market engineering is completed (which includes calculations for market statistics, market breakdown, market size estimation, market forecasting, and data triangulation) extensive primary research was conducted to gather information and to verify and validate the critical numbers arrived at. Primary research was also conducted to identify the segmentation types and key market dynamics such as drivers, restraints, and opportunities.
The complete market engineering process, both top-down and bottom-up approaches were comprehensively utilized with various data triangulation methods for performing market estimation and market forecasting for the overall market segments and sub - segments listed in this report.Extensive qualitative and quantitative analysis was performed on the complete market engineering process to list key information / insights throughout the report.
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