Mining Renewable Energy Systems Market by Source Type (Wind, Biomass, Biofuel, Solar, Geothermal); by Regional outlook (U.S., Rest of North America, France, UK, Germany, Spain, Italy, Rest of Europe, China, Japan, India, Southeast Asia, Rest of Asia Pacific, GCC Countries, Southern Africa, Rest of MEA, Brazil, Rest of Latin America) – Global Insights, Industry Trends, Price Trends, Growth, Size, Supply, Demand, Comparative Analysis, Competitive Market Share and Forecast, 2018-2026

Report ID :AMI-10 | Category : Power And Energy | Published Date :March, 2018 | Pages : 198 | Format :PDF
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Industry Trends

Mining renewable energy systems are clean sources of power generation that are used for mining at locations, situated in off-grid areas. These sources include wind, biomass, biofuel, solar, and geothermal among others. The amount of energy per unit, as well as power and diesel costs are increasing. Whereas the costs for sustainable power sources, such as wind and solar, have witnessed a notable drop in recent years. As a result of this, mining organizations have been adopting renewable energy systems and integrating it into their mining activities.

The mining renewable energy systems market, in terms of revenue, which was estimated at USD 2,732.9 million in 2017, is expected to reach USD 3,864.3 million in 2022.

Global Mining Renewable Energy Systems Market, By Region, 2018 - 2026 (USD Million)

Mining Renewable Energy Systems

The cost of power generation through conventional sources, such as diesel gensets, is usually high, which increases the operational cost of mining. Renewable energy is a favorable add-on to diesel gensets, which tackles this problem and reduces the operational costs. Thus, the adoption of mining renewable energy systems is fueled by expensive conventional sources of energy.

In mining, solar or wind systems are combined with or integrated into existing diesel control plants. Wind and solar energy are approximately 70% more affordable than electricity generated from diesel. Solar and wind energy prices have reduced considerably in recent times. Solar module processes have decreased around 30% in the recent past. The wind turbine towers have turned out to be taller, resulting in an effective power generation in numerous areas where the wind isn't sufficient enough at lower altitudes. Thus, renewable energy systems in mining are emerging as a dependable alternative and have been drawing in many institutional investors.

A number of organizations do not have the assets and funding to finance new sustainable power source projects. Solar and wind projects require high capital speculation, whereas electricity generation with diesel motors require low investment costs and offers high working costs. This is creating obstacles in the development of the market.

Mining Renewable Energy Systems Market, By Source Type

On the basis of the source type, the solar segment is expected to be the most attractive segment of the global mining renewable energy systems market. Solar is a source of decentralized energy, which makes it reasonable for mining applications. It produces clean energy by reducing the gas emissions, which harms the ozone. As most of the key players are aware of its advantages, the demand is expected to increase in the coming years. Furthermore, the presence of a significant number of mines in the tropical regions is another factor driving the demand for solar energy in mining activities.

Mining Renewable Energy Systems Market, By Region

Asia Pacific region is expected to grow at the fastest rate in the global market. The countries in this region produce a lot of minerals such as iron, copper, nickel, silver, lead, and so on. Additionally, the increasing awareness with regards to the application and advantages of sustainable power source systems in power generation, has triggered the development of the market in this region. The mining renewable energy systems market in the Asia Pacific is anticipated to witness huge profits over the forecast period. Mining industry contributes roughly 24% to the total Asia Pacific economies. The governments in the region are encouraging the adoption of favorable practices in mining in order to achieve sustainable growth.

Competitive Landscape

The report provides both, subjective and quantitative research of the market, as well as integrates worthy insights into the rational scenario and favored development methods adopted by the key contenders. The report also offers extensive research on the key players in this market and detailed insights on the competitiveness of these players. The key business strategies such as M&A, affiliations, collaborations, and contracts adopted by the major players are also recognized and analyzed in the report. For each company, the report recognizes their manufacturing base, competitors, product type, application and specification, pricing, and gross margin.

Some of the primary participants for mining renewable energy systems market are Downer Group, Enel Green Power, General Electric, Hanwha Group, Juwi AG, Newmont Mining Corporation, Nuance Energy Group, Inc., Pöyry PLC, Siemens AG, Bluhm Burton Engineering Pty Ltd (BBE), Barrick Gold Corporation, Black & Veatch Holding Company, Cambridge Energy Partners, Conergy, CRONIMET Mining Power Solutions GmbH, ViZn Energy, Vergnet, and SolarReserve, LLC amongst others.

Mining Renewable Energy Systems Industry Background

Mining Renewable Energy Systems

1.    Introduction

1.1. Market Scope

1.2. Market Segmentation

1.3. Methodology

1.4. Assumptions

2.    Mining Renewable Energy Systems Market Snapshot

3.    Executive Summary: Mining Renewable Energy Systems Market

4.    Qualitative Analysis: Mining Renewable Energy Systems Market

4.1. Introduction

4.1.1. Product Definition

4.1.2. Industry Development

4.2. Market Dynamics

4.2.1. Drivers

4.2.2. Restraints

4.2.3. Opportunities

4.3. Trends in Market

5.    Global Mining Renewable Energy Systems Market Analysis and Forecasts, 2018 – 2026

5.1. Overview

5.1.1. Global Market Revenue (US$ Mn) and Forecasts

5.2. Global Mining Renewable Energy Systems Market Revenue (US$ Mn) and Forecasts, By Source

5.2.1. Wind

5.2.1.1.    Definition

5.2.1.2.    Market Penetration

5.2.1.3.    Market Revenue Expected to Increase by 2026

5.2.1.4.    Compound Annual Growth Rate (CAGR)

5.2.2. Biomass

5.2.2.1.    Definition

5.2.2.2.    Market Penetration

5.2.2.3.    Market Revenue Expected to Increase by 2026

5.2.2.4.    Compound Annual Growth Rate (CAGR)

5.2.3. Biofuel

5.2.3.1.    Definition

5.2.3.2.    Market Penetration

5.2.3.3.    Market Revenue Expected to Increase by 2026

5.2.3.4.    Compound Annual Growth Rate (CAGR)

5.2.4. Solar

5.2.4.1.    Definition

5.2.4.2.    Market Penetration

5.2.4.3.    Market Revenue Expected to Increase by 2026

5.2.4.4.    Compound Annual Growth Rate (CAGR)

5.2.5. Geothermal

5.2.5.1.    Definition

5.2.5.2.    Market Penetration

5.2.5.3.    Market Revenue Expected to Increase by 2026

5.2.5.4.    Compound Annual Growth Rate (CAGR)

5.3. Key Segment for Channeling Investments

5.3.1. By Source

6.    North America Mining Renewable Energy Systems Market Analysis and Forecasts, 2018 – 2026

6.1. Overview

6.1.1. North America Market Revenue (US$ Mn)

6.2. North America Mining Renewable Energy Systems Market Revenue (US$ Mn) and Forecasts, By Source

6.2.1. Wind

6.2.2. Biomass

6.2.3. Biofuel

6.2.4. Solar

6.2.5. Geothermal

6.3. North America Mining Renewable Energy Systems Market Revenue (US$ Mn) and Forecasts, By Country

6.3.1. U.S.

6.3.1.1.  U.S. Mining Renewable Energy Systems Market Revenue (US$ Mn) and Forecasts, By Source

6.3.1.1.1.    Wind

6.3.1.1.2.    Biomass

6.3.1.1.3.    Biofuel

6.3.1.1.4.    Solar

6.3.1.1.5.    Geothermal

6.3.2. Canada

6.3.2.1. Canada Mining Renewable Energy Systems Market Revenue (US$ Mn) and Forecasts, By Source

6.3.2.1.1.    Wind

6.3.2.1.2.    Biomass

6.3.2.1.3.    Biofuel

6.3.2.1.4.    Solar

6.3.2.1.5.    Geothermal

6.3.3. Rest of North America

6.3.3.1.    Rest of North America Mining Renewable Energy Systems Market Revenue (US$ Mn) and Forecasts, By Source

6.3.3.1.1.    Wind

6.3.3.1.2.    Biomass

6.3.3.1.3.    Biofuel

6.3.3.1.4.    Solar

6.3.3.1.5.    Geothermal

6.4. Key Segment for Channeling Investments

6.4.1. By Country

6.4.2. By Source

7.    Europe Mining Renewable Energy Systems Market Analysis and Forecasts, 2018 – 2026

7.1. Overview

7.1.1. Europe Market Revenue (US$ Mn)

7.2. Europe Mining Renewable Energy Systems Market Revenue (US$ Mn) and Forecasts, By Source

7.2.1. Wind

7.2.2. Biomass

7.2.3. Biofuel

7.2.4. Solar

7.2.5. Geothermal

7.3. Europe Mining Renewable Energy Systems Market Revenue (US$ Mn) and Forecasts, By Country

7.3.1. France

7.3.1.1. France Mining Renewable Energy Systems Market Revenue (US$ Mn) and Forecasts, By Source

7.3.1.1.1.    Wind

7.3.1.1.2.    Biomass

7.3.1.1.3.    Biofuel

7.3.1.1.4.    Solar

7.3.1.1.5.    Geothermal

7.3.2. The UK

7.3.2.1. The UK Mining Renewable Energy Systems Market Revenue (US$ Mn) and Forecasts, By Source

7.3.2.1.1.    Wind

7.3.2.1.2.    Biomass

7.3.2.1.3.    Biofuel

7.3.2.1.4.    Solar

7.3.2.1.5.    Geothermal

7.3.3. Russia

7.3.3.1. Russia Mining Renewable Energy Systems Market Revenue (US$ Mn) and Forecasts, By Source

7.3.3.1.1.    Wind

7.3.3.1.2.    Biomass

7.3.3.1.3.    Biofuel

7.3.3.1.4.    Solar

7.3.3.1.5.    Geothermal

7.3.4. Rest of Europe

7.3.4.1.  Rest of Europe Mining Renewable Energy Systems Market Revenue (US$ Mn) and Forecasts, By Source

7.3.4.1.1.    Wind

7.3.4.1.2.    Biomass

7.3.4.1.3.    Biofuel

7.3.4.1.4.    Solar

7.3.4.1.5.    Geothermal

7.4. Key Segment for Channeling Investments

7.4.1. By Country

7.4.2. By Source

8.    Asia Pacific  Mining Renewable Energy Systems Market Analysis and Forecasts, 2018 – 2026

8.1. Overview

8.1.1. Asia Pacific Market Revenue (US$ Mn)

8.2. Asia Pacific Mining Renewable Energy Systems Market Revenue (US$ Mn) and Forecasts, By Source

8.2.1. Wind

8.2.2. Biomass

8.2.3. Biofuel

8.2.4. Solar

8.2.5. Geothermal

8.3. Asia Pacific Mining Renewable Energy Systems Market Revenue (US$ Mn) and Forecasts, By Country

8.3.1. China

8.3.1.1. China Mining Renewable Energy Systems Market Revenue (US$ Mn) and Forecasts, By Source

8.3.1.1.1.    Wind

8.3.1.1.2.    Biomass

8.3.1.1.3.    Biofuel

8.3.1.1.4.    Solar

8.3.1.1.5.    Geothermal

8.3.2. Japan

8.3.2.1. Japan Mining Renewable Energy Systems Market Revenue (US$ Mn) and Forecasts, By Source

8.3.2.1.1.    Wind

8.3.2.1.2.    Biomass

8.3.2.1.3.    Biofuel

8.3.2.1.4.    Solar

8.3.2.1.5.    Geothermal

8.3.3. Australia

8.3.3.1.  Australia Mining Renewable Energy Systems Market Revenue (US$ Mn) and Forecasts, By Source

8.3.3.1.1.    Wind

8.3.3.1.2.    Biomass

8.3.3.1.3.    Biofuel

8.3.3.1.4.    Solar

8.3.3.1.5.    Geothermal

8.3.4. New Zealand

8.3.4.1.    New Zealand Mining Renewable Energy Systems Market Revenue (US$ Mn) and Forecasts, By Source

8.3.4.1.1.    Wind

8.3.4.1.2.    Biomass

8.3.4.1.3.    Biofuel

8.3.4.1.4.    Solar

8.3.4.1.5.    Geothermal

8.3.5. India

8.3.5.1. India Mining Renewable Energy Systems Market Revenue (US$ Mn) and Forecasts, By Source

8.3.5.1.1.    Wind

8.3.5.1.2.    Biomass

8.3.5.1.3.    Biofuel

8.3.5.1.4.    Solar

8.3.5.1.5.    Geothermal

8.3.6. Southeast Asia

8.3.6.1.  Southeast Asia Mining Renewable Energy Systems Market Revenue (US$ Mn) and Forecasts, By Source

8.3.6.1.1.    Wind

8.3.6.1.2.    Biomass

8.3.6.1.3.    Biofuel

8.3.6.1.4.    Solar

8.3.6.1.5.    Geothermal

8.3.7. Rest of Asia Pacific

8.3.7.1.  Rest of Asia Pacific Mining Renewable Energy Systems Market Revenue (US$ Mn) and Forecasts, By Source

8.3.7.1.1.    Wind

8.3.7.1.2.    Biomass

8.3.7.1.3.    Biofuel

8.3.7.1.4.    Solar

8.3.7.1.5.    Geothermal

8.4. Key Segment for Channeling Investments

8.4.1. By Country

8.4.2. By Source

9.    Middle East Mining Renewable Energy Systems Market Analysis and Forecasts, 2018 – 2026

9.1. Overview

9.1.1. Middle East Market Revenue (US$ Mn)

9.2. Middle East Mining Renewable Energy Systems Market Revenue (US$ Mn) and Forecasts, By Source

9.2.1. Wind

9.2.2. Biomass

9.2.3. Biofuel

9.2.4. Solar

9.2.5. Geothermal

9.3. Middle East Mining Renewable Energy Systems Market Revenue (US$ Mn) and Forecasts, By Country

9.3.1. Egypt

9.3.1.1. Egypt Countries Mining Renewable Energy Systems Market Revenue (US$ Mn) and Forecasts, By Source

9.3.1.1.1.    Wind

9.3.1.1.2.    Biomass

9.3.1.1.3.    Biofuel

9.3.1.1.4.    Solar

9.3.1.1.5.    Geothermal

9.3.2. Saudi Arabia

9.3.2.1.  Saudi Arabia Mining Renewable Energy Systems Market Revenue (US$ Mn) and Forecasts, By Source

9.3.2.1.1.    Wind

9.3.2.1.2.    Biomass

9.3.2.1.3.    Biofuel

9.3.2.1.4.    Solar

9.3.2.1.5.    Geothermal

9.3.3. UAE

9.3.3.1. UAE Mining Renewable Energy Systems Market Revenue (US$ Mn) and Forecasts, By Source

9.3.3.1.1.    Wind

9.3.3.1.2.    Biomass

9.3.3.1.3.    Biofuel

9.3.3.1.4.    Solar

9.3.3.1.5.    Geothermal

9.3.4. Bahrain

9.3.4.1. Bahrain Mining Renewable Energy Systems Market Revenue (US$ Mn) and Forecasts, By Source

9.3.4.1.1.    Wind

9.3.4.1.2.    Biomass

9.3.4.1.3.    Biofuel

9.3.4.1.4.    Solar

9.3.4.1.5.    Geothermal

9.3.4.1.6.     

9.3.5. Rest of ME

9.3.5.1. Rest of ME Mining Renewable Energy Systems Market Revenue (US$ Mn) and Forecasts, By Source

9.3.5.1.1.    Wind

9.3.5.1.2.    Biomass

9.3.5.1.3.    Biofuel

9.3.5.1.4.    Solar

9.3.5.1.5.    Geothermal

9.4. Key Segment for Channeling Investments

9.4.1. By Country

9.4.2. By Source

10. Africa Mining Renewable Energy Systems Market Analysis and Forecasts, 2018 – 2026

10.1. Overview

10.1.1. Africa Market Revenue (US$ Mn)

10.2. Africa Mining Renewable Energy Systems Market Revenue (US$ Mn) and Forecasts, By Source

10.2.1. Wind

10.2.2. Biomass

10.2.3. Biofuel

10.2.4. Solar

10.2.5. Geothermal

10.3. Africa Mining Renewable Energy Systems Market Revenue (US$ Mn) and Forecasts, By Country

10.3.1. Nigeria

10.3.1.1.  Nigeria Mining Renewable Energy Systems Market Revenue (US$ Mn) and Forecasts, By Source

10.3.1.1.1.  Wind

10.3.1.1.2.  Biomass

10.3.1.1.3.  Biofuel

10.3.1.1.4.  Solar

10.3.1.1.5.  Geothermal

10.3.2. South Africa

10.3.2.1.  South Africa Mining Renewable Energy Systems Market Revenue (US$ Mn) and Forecasts, By Source

10.3.2.1.1.  Wind

10.3.2.1.2.  Biomass

10.3.2.1.3.  Biofuel

10.3.2.1.4.  Solar

10.3.2.1.5.  Geothermal

10.3.3. Kenya

10.3.3.1.  Kenya Mining Renewable Energy Systems Market Revenue (US$ Mn) and Forecasts, By Source

10.3.3.1.1.  Wind

10.3.3.1.2.  Biomass

10.3.3.1.3.  Biofuel

10.3.3.1.4.  Solar

10.3.3.1.5.  Geothermal

10.3.4. Ethiopia

10.3.4.1.  Ethiopia Mining Renewable Energy Systems Market Revenue (US$ Mn) and Forecasts, By Source

10.3.4.1.1.  Wind

10.3.4.1.2.  Biomass

10.3.4.1.3.  Biofuel

10.3.4.1.4.  Solar

10.3.4.1.5.  Geothermal

10.3.5. Rest of Africa

10.3.5.1.  Rest of Africa Mining Renewable Energy Systems Market Revenue (US$ Mn) and Forecasts, By Source

10.3.5.1.1.  Wind

10.3.5.1.2.  Biomass

10.3.5.1.3.  Biofuel

10.3.5.1.4.  Solar

10.3.5.1.5.  Geothermal

10.4. Key Segment for Channeling Investments

10.4.1. By Country

10.4.2. By Source

11. Latin America Mining Renewable Energy Systems Market Analysis and Forecasts, 2018 – 2026

11.1. Overview

11.1.1. Latin America Market Revenue (US$ Mn)

11.2. Latin America Mining Renewable Energy Systems Market Revenue (US$ Mn) and Forecasts, By Source

11.2.1. Wind

11.2.2. Biomass

11.2.3. Biofuel

11.2.4. Solar

11.2.5. Geothermal

11.3. Latin America Mining Renewable Energy Systems Market Revenue (US$ Mn) and Forecasts, By Country

11.3.1. Brazil

11.3.1.1. Brazil Mining Renewable Energy Systems Market Revenue (US$ Mn) and Forecasts, By Source

11.3.1.1.1.  Wind

11.3.1.1.2.  Biomass

11.3.1.1.3.  Biofuel

11.3.1.1.4.  Solar

11.3.1.1.5.  Geothermal

11.3.2. Rest of Latin America

11.3.2.1.  Rest of Latin America Mining Renewable Energy Systems Market Revenue (US$ Mn) and Forecasts, By Source

11.3.2.1.1.  Wind

11.3.2.1.2.  Biomass

11.3.2.1.3.  Biofuel

11.3.2.1.4.  Solar

11.3.2.1.5.  Geothermal

11.4. Key Segment for Channeling Investments

11.4.1. By Country

11.4.2. By Source

12. Competitive Benchmarking

12.1. Player Positioning Analysis

12.2. Global Presence and Growth Strategies

13. Player Profiles

13.1. Barrick Gold Corporation

13.1.1. Company Details

13.1.2. Company Overview

13.1.3. Product Offerings

13.1.4. Key Developments

13.1.5. Financial Analysis

13.1.6. SWOT Analysis

13.1.7. Business Strategies

13.2. Black & Veatch Holding Company

13.2.1. Company Details

13.2.2. Company Overview

13.2.3. Product Offerings

13.2.4. Key Developments

13.2.5. Financial Analysis

13.2.6. SWOT Analysis

13.2.7. Business Strategies

13.3. Bluhm Burton Engineering Pty Ltd (BBE)

13.3.1. Company Details

13.3.2. Company Overview

13.3.3. Product Offerings

13.3.4. Key Developments

13.3.5. Financial Analysis

13.3.6. SWOT Analysis

13.3.7. Business Strategies

13.4. Cambridge Energy Partners

13.4.1. Company Details

13.4.2. Company Overview

13.4.3. Product Offerings

13.4.4. Key Developments

13.4.5. Financial Analysis

13.4.6. SWOT Analysis

13.4.7. Business Strategies

13.5. Conergy

13.5.1. Company Details

13.5.2. Company Overview

13.5.3. Product Offerings

13.5.4. Key Developments

13.5.5. Financial Analysis

13.5.6. SWOT Analysis

13.5.7. Business Strategies

13.6. CRONIMET Mining Power Solutions GmbH

13.6.1. Company Details

13.6.2. Company Overview

13.6.3. Product Offerings

13.6.4. Key Developments

13.6.5. Financial Analysis

13.6.6. SWOT Analysis

13.6.7. Business Strategies

13.7. Downer Group

13.7.1. Company Details

13.7.2. Company Overview

13.7.3. Product Offerings

13.7.4. Key Developments

13.7.5. Financial Analysis

13.7.6. SWOT Analysis

13.7.7. Business Strategies

13.8. Enel Green Power

13.8.1. Company Details

13.8.2. Company Overview

13.8.3. Product Offerings

13.8.4. Key Developments

13.8.5. Financial Analysis

13.8.6. SWOT Analysis

13.8.7. Business Strategies

13.9. General Electric

13.9.1. Company Details

13.9.2. Company Overview

13.9.3. Product Offerings

13.9.4. Key Developments

13.9.5. Financial Analysis

13.9.6. SWOT Analysis

13.9.7. Business Strategies

13.10. Hanwha Group

13.10.1. Company Details

13.10.2. Company Overview

13.10.3. Product Offerings

13.10.4. Key Developments

13.10.5. Financial Analysis

13.10.6. SWOT Analysis

13.10.7. Business Strategies

13.11. Juwi AG

13.11.1. Company Details

13.11.2. Company Overview

13.11.3. Product Offerings

13.11.4. Key Developments

13.11.5. Financial Analysis

13.11.6. SWOT Analysis

13.11.7. Business Strategies

13.12. Newmont Mining Corporation   

13.12.1. Company Details

13.12.2. Company Overview

13.12.3. Product Offerings

13.12.4. Key Developments

13.12.5. Financial Analysis

13.12.6. SWOT Analysis

13.12.7. Business Strategies

13.13. Nuance Energy Group, Inc.

13.13.1. Company Details

13.13.2. Company Overview

13.13.3. Product Offerings

13.13.4. Key Developments

13.13.5. Financial Analysis

13.13.6. SWOT Analysis

13.13.7. Business Strategies

13.14. Pöyry PLC

13.14.1. Company Details

13.14.2. Company Overview

13.14.3. Product Offerings

13.14.4. Key Developments

13.14.5. Financial Analysis

13.14.6. SWOT Analysis

13.14.7. Business Strategies

13.15. Siemens AG

13.15.1. Company Details

13.15.2. Company Overview

13.15.3. Product Offerings

13.15.4. Key Developments

13.15.5. Financial Analysis

13.15.6. SWOT Analysis

13.15.7. Business Strategies

13.16. SolarReserve, LLC

13.16.1. Company Details

13.16.2. Company Overview

13.16.3. Product Offerings

13.16.4. Key Developments

13.16.5. Financial Analysis

13.16.6. SWOT Analysis

13.16.7. Business Strategies

13.17. Vergnet

13.17.1. Company Details

13.17.2. Company Overview

13.17.3. Product Offerings

13.17.4. Key Developments

13.17.5. Financial Analysis

13.17.6. SWOT Analysis

13.17.7. Business Strategies

13.18. ViZn Energy

13.18.1. Company Details

13.18.2. Company Overview

13.18.3. Product Offerings

13.18.4. Key Developments

13.18.5. Financial Analysis

13.18.6. SWOT Analysis

13.18.7. Business Strategies

 

Note: This ToC is tentative and can be changed according to the research study conducted during the course of report completion.

 

At Absolute Markets Insights, we use both top-down and bottom-up approach for calculating the market estimates and market forecast data. We allocate year-on-year growth rate from 2018 to 2026 and reach to the calculations for the global CAGR. Basically for estimation of the products and applications, usually we follow bottom-up approach, where we track the trends in different regions and their countries. We track down the growth factors, restraints, rules & regulations and opportunities for each country  and its region and finally calculate the global numbers. We first track the growth for the U.S. and Rest of North America. With these factors we can estimate the growth and trend for North America, similar approach would be taken for Europe, Asia Pacific, Latin America and Middle East & Africa. Finally, through our home grown model we reach to estimation and forecasting of the global numbers.   

Our research study is mainly implement through a mix of both secondary and primary research. Various sources such as industry magazines, trade journals, and government websites and trade associations are reviewed for gathering precise data. Primary interviews  are conducted to validate the market size derived from secondary research. Industry experts, major manufacturers and distributors are contacted for further validation purpose on the current market penetration and growth trends. 

Prominent participants in our primary research process include:

  • Key Opinion Leaders namely the CEOs, CSOs, VPs, purchasing managers, amongst others
  • Research and development participants, distributors/suppliers and subject matter experts

Secondary Research includes data extracted from paid data sources:

  • Reuters
  • Factiva
  • Bloomberg
  • One Source
  • Hoovers

 

Research Methodology

Methodology

Key Inclusions

Methodology

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