Sorting Equipment Market Report, Global Industry Analysis, Market Size, Share, Growth Trends, Regional Outlook, Competitive Strategies and Segment Forecasts 2023 - 2030

  • Published Date: Jan, 2024
  • Report ID: CR0207920
  • Format: Electronic (PDF)
  • Number of Pages: 216
  • Author(s): Joshi, Madhavi

Report Overview

The Sorting Equipment Market size was estimated at USD 5.8 billion in 2023 and is projected to reach USD 9.1 billion by 2030, exhibiting a compound annual growth rate (CAGR) of 6.90% during the forecast period (2024-2030).

Sorting Equipment Market

(Market Size)
$5.8 billion
$9.1 billion
2023
2030
Source: Citius Research
Study Period 2018 - 2030
Base Year For Estimation 2023
Forecast Data Period 2024 - 2030
CAGR (2024-2030) 6.90%
2023 Market Size USD 5.8 billion
2030 Market Size USD 9.1 billion
Key Players Tomra, Buhler, Satake, Key Technology, Allgaier

Market Summary

The sorting equipment market is a critical segment within the manufacturing and construction industries, providing automated solutions for the segregation and classification of materials based on various characteristics such as size, shape, color, and composition. This technology is integral to enhancing operational efficiency, reducing labor costs, and improving product quality across diverse sectors. The market encompasses a wide range of equipment, including optical sorters, screeners, magnetic separators, and automated systems that leverage advanced sensors and artificial intelligence. Key industries driving demand include food processing, recycling, mining, and pharmaceuticals, where precision and speed are paramount. The adoption of sorting equipment is increasingly seen as a strategic investment to optimize production lines, ensure regulatory compliance, and support sustainability initiatives by improving material recovery rates. As industries continue to prioritize automation and smart manufacturing, the sorting equipment market is poised for sustained growth, driven by technological innovations and the need for higher accuracy in material handling processes.

Key Highlights

The sorting equipment market is characterized by several key highlights that underscore its importance and evolution. Technological advancements, particularly in sensor-based sorting and machine learning algorithms, have significantly enhanced the capabilities of sorting systems, enabling them to handle complex materials with high precision. Leading companies such as Tomra Systems, Key Technology, and B?hler Group are at the forefront of innovation, developing solutions that integrate IoT and data analytics for real-time monitoring and decision-making. The market is also witnessing a shift towards modular and customizable equipment, allowing businesses to tailor systems to specific operational needs. Additionally, the emphasis on sustainability and circular economy principles is driving the adoption of sorting equipment in waste management and recycling applications, where efficient material recovery is crucial. The growing demand for automation in emerging economies, coupled with stringent quality standards in developed regions, further highlights the market's dynamic nature and its critical role in modern industrial operations.

Drivers, Opportunities & Restraints

The sorting equipment market is propelled by several drivers, including the increasing adoption of automation in manufacturing and construction to improve efficiency and reduce human error. The rise of Industry 4.0 and smart factory initiatives has accelerated the integration of advanced sorting technologies, such as AI and robotics, into production processes. Additionally, stringent regulatory requirements for product quality and safety, particularly in food and pharmaceuticals, are compelling companies to invest in high-precision sorting systems. Opportunities abound in emerging applications, such as e-commerce logistics and mining, where sorting equipment can enhance material handling and value extraction. The growing focus on waste reduction and recycling presents another significant opportunity, driving demand for sorting solutions in municipal and industrial waste management. However, the market faces restraints, including the high initial investment and maintenance costs associated with advanced sorting systems, which can be prohibitive for small and medium-sized enterprises. Technical complexities and the need for skilled personnel to operate and maintain these systems also pose challenges, potentially hindering market growth in certain regions.

Concentration Insights

The sorting equipment market exhibits a concentrated competitive landscape, with a few major players dominating significant market shares. Companies such as Tomra Systems ASA, Key Technology Inc., B?hler Group, and Satake Corporation are recognized as global leaders, leveraging their extensive product portfolios and strong R&D capabilities to maintain competitive advantages. These established players focus on strategic initiatives, including mergers and acquisitions, partnerships, and continuous innovation, to expand their geographic presence and enhance their technological offerings. The market also features several regional and niche players that cater to specific industries or applications, contributing to a diverse competitive environment. Concentration is particularly high in regions like North America and Europe, where technological adoption is advanced, and regulatory standards are stringent. In contrast, emerging markets in Asia-Pacific and Latin America show a more fragmented landscape, with local companies gradually gaining traction. The overall concentration dynamics are influenced by factors such as technological expertise, brand reputation, and the ability to provide integrated solutions that address evolving customer needs.

Type Insights

The sorting equipment market can be segmented by type into various categories, each designed for specific applications and material characteristics. Optical sorters are among the most prominent, utilizing cameras and sensors to detect and separate materials based on color, shape, or structural properties; they are widely used in food processing and recycling. Screeners and sieves are employed for size-based separation, common in mining and construction aggregates. Magnetic separators are essential for extracting ferrous materials from non-ferrous ones, prevalent in recycling and mining operations. Automated sorting systems, which incorporate robotics and AI, represent the cutting edge, offering high-speed and high-accuracy capabilities for complex sorting tasks. Gravity sorters are used for density-based separation, often in agricultural and mineral processing. Each type of equipment offers distinct advantages, and the choice depends on factors such as material properties, throughput requirements, and desired purity levels. The continuous innovation in sensor technology and software algorithms is further enhancing the effectiveness and versatility of these sorting systems.

Application Insights

Sorting equipment finds applications across a broad spectrum of industries, each with unique requirements and challenges. In the food and beverage industry, sorting systems are crucial for ensuring product quality and safety by removing defects, contaminants, and foreign materials; applications include processing fruits, vegetables, nuts, and grains. The recycling industry relies heavily on sorting equipment to separate materials like plastics, metals, and paper, facilitating efficient waste management and resource recovery. In mining and construction, sorting equipment is used to classify minerals, ores, and aggregates based on size and composition, optimizing extraction and processing operations. The pharmaceutical industry employs high-precision sorters to verify and separate tablets and capsules, ensuring compliance with strict regulatory standards. Other emerging applications include e-commerce and logistics, where sorting systems streamline package handling and distribution. The versatility of sorting equipment allows it to adapt to various operational needs, driving its adoption across multiple sectors and contributing to enhanced productivity and sustainability.

Regional Insights

The sorting equipment market demonstrates distinct regional dynamics influenced by economic development, industrial activity, and regulatory frameworks. North America is a significant market, driven by advanced manufacturing sectors, stringent quality standards, and high adoption of automation technologies; the United States and Canada are key contributors. Europe follows closely, with strong demand from food processing, recycling, and pharmaceutical industries, supported by EU regulations promoting sustainability and waste management. The Asia-Pacific region is experiencing rapid growth, fueled by industrialization, urbanization, and increasing investments in infrastructure and manufacturing; countries like China, India, and Japan are major markets. Latin America and the Middle East & Africa are emerging regions, where growth is driven by developing industrial bases and increasing focus on resource efficiency. Each region presents unique opportunities and challenges, with local regulations, economic conditions, and technological adoption rates shaping market trends. Companies are tailoring their strategies to address regional specifics, such as cost sensitivity in emerging markets and demand for advanced features in developed regions.

Company Insights

The sorting equipment market features several key players that lead through innovation, extensive product lines, and global reach. Tomra Systems ASA is a prominent name, known for its advanced sensor-based sorting solutions, particularly in food and recycling applications. Key Technology Inc. specializes in automated sorting and processing systems for the food industry, emphasizing efficiency and hygiene. B?hler Group offers a wide range of sorting equipment, leveraging its expertise in grain processing and optical sorting technologies. Satake Corporation is a leader in rice and cereal sorting, with a strong presence in Asia and beyond. Other notable companies include CP Manufacturing, which focuses on recycling sorting systems, and Greefa, renowned for its food sorting solutions. These companies invest heavily in research and development to introduce cutting-edge technologies, such as AI-driven sorters and IoT-enabled systems, to maintain their competitive edge. Strategic partnerships, acquisitions, and expansions into emerging markets are common tactics employed to strengthen market position and cater to evolving customer demands.

Recent Developments

Recent developments in the sorting equipment market highlight a trend towards greater integration of artificial intelligence, machine learning, and IoT technologies. Companies are launching advanced systems that offer real-time data analytics, predictive maintenance, and enhanced sorting accuracy. For instance, Tomra introduced new AI-based features in its sorting systems to improve detection capabilities for complex materials. Key Technology has developed high-speed optical sorters with improved software algorithms for better performance in food processing. There is also a growing emphasis on sustainability, with manufacturers designing equipment that supports circular economy goals by increasing material recovery rates in recycling applications. Partnerships and acquisitions are prevalent, such as B?hler's collaborations with tech firms to integrate digital solutions into their sorting platforms. Additionally, expansions into emerging markets, particularly in Asia-Pacific and Latin America, are underway to tap into growing industrial demand. These developments reflect the industry's focus on innovation, efficiency, and adaptability to meet the changing needs of various end-use sectors.

Report Segmentation

The sorting equipment market report is segmented to provide a detailed analysis of various aspects influencing the industry. The segmentation typically includes type, such as optical sorters, screeners, magnetic separators, and automated systems, each catering to different material characteristics and separation needs. Application segmentation covers key industries like food and beverage, recycling, mining, pharmaceuticals, and construction, highlighting specific use cases and demand drivers. Geographic segmentation breaks down the market into regions and key countries, offering insights into regional trends, growth opportunities, and competitive landscapes. Additionally, the report may segment by technology, distinguishing between traditional and advanced sorting systems incorporating AI, IoT, and robotics. This comprehensive segmentation allows stakeholders to understand market dynamics at granular levels, identify growth pockets, and make informed strategic decisions. It also aids in assessing the impact of factors such as regulatory changes, technological advancements, and economic conditions on different segments of the market.

FAQs

What are the key types of sorting equipment used in industries? Common types include optical sorters, screeners, magnetic separators, gravity sorters, and automated systems, each designed for specific material separation based on characteristics like size, color, or composition.

Which industries are the primary users of sorting equipment? Major industries include food processing, recycling, mining, pharmaceuticals, and construction, where sorting equipment enhances efficiency, quality control, and material recovery.

How is artificial intelligence impacting the sorting equipment market? AI improves sorting accuracy and efficiency by enabling real-time data analysis, better defect detection, and predictive maintenance, leading to higher productivity and reduced operational costs.

What are the main drivers for adopting sorting equipment? Key drivers include the need for automation, stringent quality and safety regulations, demand for operational efficiency, and growing emphasis on sustainability and waste management.

Which regions show the highest growth potential for sorting equipment? The Asia-Pacific region, particularly China and India, exhibits strong growth due to industrialization, while North America and Europe remain significant due to technological advancements and regulatory standards.

What challenges do companies face when implementing sorting systems? Challenges include high initial investment costs, technical complexities, the need for skilled operators, and integration with existing production lines.

Citius Research has developed a research report titled “Sorting Equipment Market Report - Global Industry Analysis, Size, Share, Growth Trends, Regional Outlook, Competitive Strategies and Segment Forecasts 2024 - 2030” delivering key insights regarding business intelligence and providing concrete business strategies to clients in the form of a detailed syndicated report. The report details out the factors such as business environment, industry trend, growth opportunities, competition, pricing, global and regional market analysis, and other market related factors.

Details included in the report for the years 2024 through 2030

• Sorting Equipment Market Potential
• Segment-wise breakup
• Compounded annual growth rate (CAGR) for the next 6 years
• Key customers and their preferences
• Market share of major players and their competitive strength
• Existing competition in the market
• Price trend analysis
• Key trend analysis
• Market entry strategies
• Market opportunity insights

The report focuses on the drivers, restraints, opportunities, and challenges in the market based on various factors geographically. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report. The Sorting Equipment Market report is segmented on the basis of various market segments and their analysis, both in terms of value and volume, for each region for the period under consideration.

Sorting Equipment Market Segmentation

Market Segmentation

Regions Covered

• North America
• Latin America
• Europe
• MENA
• Asia Pacific
• Sub-Saharan Africa and
• Australasia

Sorting Equipment Market Analysis

The report covers below mentioned analysis, but is not limited to:

• Overview of Sorting Equipment Market
• Research Methodology
• Executive Summary
• Market Dynamics of Sorting Equipment Market
  • Driving Factors
  • Restraints
  • Opportunities
• Global Market Status and Forecast by Segment A
• Global Market Status and Forecast by Segment B
• Global Market Status and Forecast by Segment C
• Global Market Status and Forecast by Regions
• Upstream and Downstream Market Analysis of Sorting Equipment Market
• Cost and Gross Margin Analysis of Sorting Equipment Market
• Sorting Equipment Market Report - Global Industry Analysis, Size, Share, Growth Trends, Regional Outlook, Competitive Strategies and Segment Forecasts 2024 - 2030
  • Competition Landscape
  • Market Share of Major Players
• Key Recommendations

The “Sorting Equipment Market Report - Global Industry Analysis, Size, Share, Growth Trends, Regional Outlook, Competitive Strategies and Segment Forecasts 2024 - 2030” report helps the clients to take business decisions and to understand strategies of major players in the industry. The report delivers the market driven results supported by a mix of primary and secondary research. The report provides the results triangulated through authentic sources and upon conducting thorough primary interviews with the industry experts. The report includes the results on the areas where the client can focus and create point of parity and develop a competitive edge, based on real-time data results.

Sorting Equipment Market Key Stakeholders

Below are the key stakeholders for the Sorting Equipment Market:

• Manufacturers
• Distributors/Traders/Wholesalers
• Material/Component Manufacturers
• Industry Associations
• Downstream vendors

Sorting Equipment Market Report Scope

Report AttributeDetails
Base year2023
Historical data2018 – 2023
Forecast2024 - 2030
CAGR2024 - 2030
Quantitative UnitsValue (USD Million)
Report coverageRevenue Forecast, Competitive Landscape, Growth Factors, Trends and Strategies. Customized report options available on request
Segments coveredProduct type, technology, application, geography
Regions coveredNorth America, Latin America, Europe, MENA, Asia Pacific, Sub-Saharan Africa and Australasia
Countries coveredUS, UK, China, Japan, Germany, India, France, Brazil, Italy, Canada, Russia, South Korea, Australia, Spain, Mexico and others
Customization scopeAvailable on request
PricingVarious purchase options available as per your research needs. Discounts available on request

COVID-19 Impact Analysis

Like most other markets, the outbreak of COVID-19 had an unfavorable impact on the Sorting Equipment Market worldwide. This report discusses in detail the disruptions experienced by the market, the impact on flow of raw materials, manufacturing operations, production trends, consumer demand and the projected future of this market post pandemic.

The report has helped our clients:

• To describe and forecast the Sorting Equipment Market size, on the basis of various segmentations and geography, in terms of value and volume
• To measure the changing needs of customers/industries
• To provide detailed information regarding the drivers, restraints, opportunities, and challenges influencing the growth of the market
• To gain competitive intelligence and uncover new opportunities
• To analyse opportunities in the market for stakeholders by identifying high-growth segments in Sorting Equipment Market
• To strategically profile key players and provide details of the current competitive landscape
• To analyse strategic approaches adopted by players in the market, such as product launches and developments, acquisitions, collaborations, contracts, expansions, and partnerships

Report Customization

Citius Research provides free customization of reports as per your need. This report can be personalized to meet your requirements. Get in touch with our sales team, who will guarantee you to get a report that suits your necessities.

Customize This Report

Frequently Asked Questions

The Global Sorting Equipment Market size was valued at $XX billion in 2023 and is anticipated to reach $XX billion by 2030 growing at a CAGR of XX%
The global Sorting Equipment Market is expected to grow at a CAGR of XX% from 2023 to 2030.
For further details request a free sample copy of this report here.
For further details request a free sample copy of this report here.
For further details request a free sample copy of this report here.
For further details request a free sample copy of this report here.

Table of Contents

Chapter 1. Introduction
  1.1. Market Scope
  1.2. Key Segmentations
  1.3. Research Objective
Chapter 2. Research Methodology & Assumptions
Chapter 3. Executive Summary
Chapter 4. Market Background
  4.1. Dynamics
    4.1.1. Drivers
    4.1.2. Restraints
    4.1.3. Opportunity
    4.1.4. Challenges
  4.2. Key Trends in the Impacting the Market
    4.2.1. Demand & Supply
  4.3. Industry SWOT Analysis
  4.4. Porter’s Five Forces Analysis
  4.5. Value and Supply Chain Analysis
  4.6. Macro-Economic Factors
  4.7. COVID-19 Impact Analysis
    4.7.1. Global and Regional Assessment
  4.8. Profit Margin Analysis
  4.9. Trade Analysis
    4.9.1. Importing Countries
    4.9.2. Exporting Countries
  4.10. Market Entry Strategies
  4.11. Market Assessment (US$ Mn and Units)
Chapter 5. Global Sorting Equipment Market Size (US$ Mn and Units), Forecast and Trend Analysis, By Segment A
  5.1. By Segment A, 2024 - 2030
    5.1.1. Sub-Segment A
    5.1.2. Sub-Segment B
  5.2. Opportunity Analysis
Chapter 6. Global Sorting Equipment Market Size (US$ Mn and Units), Forecast and Trend Analysis, By Segment B
  6.1. By Segment B, 2024 - 2030
    6.1.1. Sub-Segment A
    6.1.2. Sub-Segment B
  6.2. Opportunity Analysis
Chapter 7. Global Sorting Equipment Market Size (US$ Mn and Units), Forecast and Trend Analysis, By Segment C
  7.1. By Segment C, 2024 - 2030
    7.1.1. Sub-Segment A
    7.1.2. Sub-Segment B
  7.2. Opportunity Analysis
Chapter 8. Global Sorting Equipment Market Size (US$ Mn and Units), Forecast and Trend Analysis, By Region
  8.1. By Region, 2024 - 2030
    8.1.1. North America
    8.1.2. Latin America
    8.1.3. Europe
    8.1.4. MENA
    8.1.5. Asia Pacific
    8.1.6. Sub-Saharan Africa
    8.1.7. Australasia
  8.2. Opportunity Analysis
Chapter 9. North America Sorting Equipment Market Forecast and Trend Analysis
  9.1. Regional Overview
  9.2. Pricing Analysis
  9.3. Key Trends in the Region
    9.3.1. Supply and Demand
  9.4. Demographic Structure
  9.5. By Segment A , 2024 - 2030, (US$ Mn and Units)
    9.5.1. Sub-Segment A
    9.5.2. Sub-Segment B
  9.6. By Segment B, 2024 - 2030, (US$ Mn and Units)
    9.6.1. Sub-Segment A
    9.6.2. Sub-Segment B
  9.7. By Segment C, 2024 - 2030, (US$ Mn and Units)
    9.7.1. Sub-Segment A
    9.7.2. Sub-Segment B
  9.8. By Country, 2024 - 2030, (US$ Mn and Units)
    9.8.1. U.S.
    9.8.2. Canada
    9.8.3. Rest of North America
  9.9. Opportunity Analysis
Chapter 10. Latin America Sorting Equipment Market Forecast and Trend Analysis
  10.1. Regional Overview
  10.2. Pricing Analysis
  10.3. Key Trends in the Region
    10.3.1. Supply and Demand
  10.4. Demographic Structure
  10.5. By Segment A , 2024 - 2030, (US$ Mn and Units)
    10.5.1. Sub-Segment A
    10.5.2. Sub-Segment B
  10.6. By Segment B, 2024 - 2030, (US$ Mn and Units)
    10.6.1. Sub-Segment A
    10.6.2. Sub-Segment B
  10.7. By Segment C, 2024 - 2030, (US$ Mn and Units)
    10.7.1. Sub-Segment A
    10.7.2. Sub-Segment B
  10.8. By Country, 2024 - 2030, (US$ Mn and Units)
    10.8.1. Brazil
    10.8.2. Argentina
    10.8.3. Rest of Latin America
  10.9. Opportunity Analysis
Chapter 11. Europe Sorting Equipment Market Forecast and Trend Analysis
  11.1. Regional Overview
  11.2. Pricing Analysis
  11.3. Key Trends in the Region
    11.3.1. Supply and Demand
  11.4. Demographic Structure
  11.5. By Segment A , 2024 - 2030, (US$ Mn and Units)
    11.5.1. Sub-Segment A
    11.5.2. Sub-Segment B
  11.6. By Segment B, 2024 - 2030, (US$ Mn and Units)
    11.6.1. Sub-Segment A
    11.6.2. Sub-Segment B
  11.7. By Segment C, 2024 - 2030, (US$ Mn and Units)
    11.7.1. Sub-Segment A
    11.7.2. Sub-Segment B
  11.8. By Country, 2024 - 2030, (US$ Mn and Units)
    11.8.1. UK
    11.8.2. Germany
    11.8.3. France
    11.8.4. Spain
    11.8.5. Rest of Europe
  11.9. Opportunity Analysis
Chapter 12. MENA Sorting Equipment Market Forecast and Trend Analysis
  12.1. Regional Overview
  12.2. Pricing Analysis
  12.3. Key Trends in the Region
    12.3.1. Supply and Demand
  12.4. Demographic Structure
  12.5. By Segment A , 2024 - 2030, (US$ Mn and Units)
    12.5.1. Sub-Segment A
    12.5.2. Sub-Segment B
  12.6. By Segment B, 2024 - 2030, (US$ Mn and Units)
    12.6.1. Sub-Segment A
    12.6.2. Sub-Segment B
  12.7. By Segment C, 2024 - 2030, (US$ Mn and Units)
    12.7.1. Sub-Segment A
    12.7.2. Sub-Segment B
  12.8. By Country, 2024 - 2030, (US$ Mn and Units)
    12.8.1. Egypt
    12.8.2. Algeria
    12.8.3. GCC
    12.8.4. Rest of MENA
  12.9. Opportunity Analysis
Chapter 13. Asia Pacific Sorting Equipment Market Forecast and Trend Analysis
  13.1. Regional Overview
  13.2. Pricing Analysis
  13.3. Key Trends in the Region
    13.3.1. Supply and Demand
  13.4. Demographic Structure
  13.5. By Segment A , 2024 - 2030, (US$ Mn and Units)
    13.5.1. Sub-Segment A
    13.5.2. Sub-Segment B
  13.6. By Segment B, 2024 - 2030, (US$ Mn and Units)
    13.6.1. Sub-Segment A
    13.6.2. Sub-Segment B
  13.7. By Segment C, 2024 - 2030, (US$ Mn and Units)
    13.7.1. Sub-Segment A
    13.7.2. Sub-Segment B
  13.8. By Country, 2024 - 2030, (US$ Mn and Units)
    13.8.1. India
    13.8.2. China
    13.8.3. Japan
    13.8.4. ASEAN
    13.8.5. Rest of Asia Pacific
  13.9. Opportunity Analysis
Chapter 14. Sub-Saharan Africa Sorting Equipment Market Forecast and Trend Analysis
  14.1. Regional Overview
  14.2. Pricing Analysis
  14.3. Key Trends in the Region
    14.3.1. Supply and Demand
  14.4. Demographic Structure
  14.5. By Segment A , 2024 - 2030, (US$ Mn and Units)
    14.5.1. Sub-Segment A
    14.5.2. Sub-Segment B
  14.6. By Segment B, 2024 - 2030, (US$ Mn and Units)
    14.6.1. Sub-Segment A
    14.6.2. Sub-Segment B
  14.7. By Segment C, 2024 - 2030, (US$ Mn and Units)
    14.7.1. Sub-Segment A
    14.7.2. Sub-Segment B
  14.8. By Country, 2024 - 2030, (US$ Mn and Units)
    14.8.1. Ethiopia
    14.8.2. Nigeria
    14.8.3. Rest of Sub-Saharan Africa
  14.9. Opportunity Analysis
Chapter 15. Australasia Sorting Equipment Market Forecast and Trend Analysis
  15.1. Regional Overview
  15.2. Pricing Analysis
  15.3. Key Trends in the Region
    15.3.1. Supply and Demand
  15.4. Demographic Structure
  15.5. By Segment A , 2024 - 2030, (US$ Mn and Units)
    15.5.1. Sub-Segment A
    15.5.2. Sub-Segment B
  15.6. By Segment B, 2024 - 2030, (US$ Mn and Units)
    15.6.1. Sub-Segment A
    15.6.2. Sub-Segment B
  15.7. By Segment C, 2024 - 2030, (US$ Mn and Units)
    15.7.1. Sub-Segment A
    15.7.2. Sub-Segment B
  15.8. By Country, 2024 - 2030, (US$ Mn and Units)
    15.8.1. Australia
    15.8.2. New Zealand
    15.8.3. Rest of Australasia
  15.9. Opportunity Analysis
Chapter 16. Competition Analysis
  16.1. Competitive Benchmarking
    16.1.1. Top Player’s Market Share
    16.1.2. Price and Product Comparison
  16.2. Company Profiles
    16.2.1. Company A
      16.2.1.1. Company Overview
      16.2.1.2. Segmental Revenue
      16.2.1.3. Product Portfolio
      16.2.1.4. Key Developments
      16.2.1.5. Strategic Outlook
    16.2.2. Company B
      16.2.2.1. Company Overview
      16.2.2.2. Segmental Revenue
      16.2.2.3. Product Portfolio
      16.2.2.4. Key Developments
      16.2.2.5. Strategic Outlook
    16.2.3. Company C
      16.2.3.1. Company Overview
      16.2.3.2. Segmental Revenue
      16.2.3.3. Product Portfolio
      16.2.3.4. Key Developments
      16.2.3.5. Strategic Outlook
    16.2.4. Company D
      16.2.4.1. Company Overview
      16.2.4.2. Segmental Revenue
      16.2.4.3. Product Portfolio
      16.2.4.4. Key Developments
      16.2.4.5. Strategic Outlook
    16.2.5. Company E
      16.2.5.1. Company Overview
      16.2.5.2. Segmental Revenue
      16.2.5.3. Product Portfolio
      16.2.5.4. Key Developments
      16.2.5.5. Strategic Outlook
    16.2.6. Company F
      16.2.6.1. Company Overview
      16.2.6.2. Segmental Revenue
      16.2.6.3. Product Portfolio
      16.2.6.4. Key Developments
      16.2.6.5. Strategic Outlook
    16.2.7. Company G
      16.2.7.1. Company Overview
      16.2.7.2. Segmental Revenue
      16.2.7.3. Product Portfolio
      16.2.7.4. Key Developments
      16.2.7.5. Strategic Outlook
    16.2.8. Company H
      16.2.8.1. Company Overview
      16.2.8.2. Segmental Revenue
      16.2.8.3. Product Portfolio
      16.2.8.4. Key Developments
      16.2.8.5. Strategic Outlook
    16.2.9. Company I
      16.2.9.1. Company Overview
      16.2.9.2. Segmental Revenue
      16.2.9.3. Product Portfolio
      16.2.9.4. Key Developments
      16.2.9.5. Strategic Outlook
    16.2.10. Company J
      16.2.10.1. Company Overview
      16.2.10.2. Segmental Revenue
      16.2.10.3. Product Portfolio
      16.2.10.4. Key Developments
      16.2.10.5. Strategic Outlook
Chapter 17. Go-To-Market Strategy

Research Methodology

We follow a robust research methodology to analyze the market in order to provide our clients with qualitative and quantitative analysis which has a very low or negligible deviance. Extensive secondary research supported by primary data collection methods help us to thoroughly understand and gauge the market. We incorporate both top-down and bottom-up approach for estimating the market. The below mentioned methods are then adopted to triangulate and validate the market.

Secondary data collection and interpretation

Secondary research includes sources such as published books, articles in journals, news media and published businesses, government and international body publications, and associations. Sources also include paid databases such as Hoovers, Thomson Reuters, Passport and others. Data derived through secondary sources is further validated through primary sources. The secondary sources also include major manufacturers mapped on the basis of revenues, product portfolios, and sales channels.

Primary data collection

Primary data collection methods include conducting interviews with industry experts and various stakeholders across the supply chain, such as raw material suppliers, manufacturers, product distributors and customers. The interviews are either telephonic or face-to-face, or even a combination of both. Prevailing trends in the industry are gathered by conducting surveys. Primary interviews also help us to understand the market drivers, restraints and opportunities, along with the challenges in the market. This method helps us in validating the data gathered through secondary sources, further triangulating the data and developing it through our statistical tools. We generally conduct interviews with -

  • CEOs, Directors, and VPs
  • Sales and Marketing Managers
  • Plant Heads and Manufacturing Department Heads
  • Product Specialists

Supply Side and Demand Side Data Collection

Supply side analysis is based on the data collected from the manufacturers and the product providers in terms of their segmental revenues. Secondary sources for this type of analysis include company annual reports and publications, associations and organisations, government publications and others.

Demand side analysis is based upon the consumer insights who are the end users of the particular product in question. They could be an individual user or an organisation. Such data is gathered through consumer surveys and focused group interviews.

Market Engineering

As a primary step, in order to develop the market numbers we follow a vigorous methodology that includes studying the parent market of the niche product and understanding the industry trends, acceptance among customers of the product, challenges, future growth, and others, followed by further breaking down the market under consideration into various segments and sub-markets. Additionally, in order to cross-validate the market, we also determine the top players in the market, along with their segmental revenues for the said market. Our secondary sources help us to validate the market share of the top players. Using both the qualitative and quantitative analysis of all the possible factors helps us determine the market numbers which are inclined towards accuracy.

Request a detailed Research Methodology for the market.

Request Customization or Sample Report

To request a sample report or for any inquiry regarding this report, please fill out the form below

Yes, I have read the Privacy Policy.

Related Reports






latest reports