Valve Grinder 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: CR0208026
  • Format: Electronic (PDF)
  • Number of Pages: 209
  • Author(s): Joshi, Madhavi

Report Overview

The Valve Grinder Market size was estimated at USD 180 million in 2023 and is projected to reach USD 270 million by 2030, exhibiting a compound annual growth rate (CAGR) of 6.00% during the forecast period (2024-2030).

Valve Grinder Market

(Market Size)
$180 million
$270 million
2023
2030
Source: Citius Research
Study Period 2018 - 2030
Base Year For Estimation 2023
Forecast Data Period 2024 - 2030
CAGR (2024-2030) 6.00%
2023 Market Size USD 180 million
2030 Market Size USD 270 million
Key Players Sunnen, Serdi, Comec, AZ, Winona Van Norman

Market Summary

The valve grinder market is a specialized segment within the manufacturing and construction industries, focusing on equipment used for precision grinding and reconditioning of engine valves. These tools are essential for maintaining optimal performance and longevity in internal combustion engines across various sectors. The market caters to a range of end-users, including automotive repair shops, industrial maintenance facilities, and heavy machinery operators. Valve grinders are critical for ensuring proper sealing and efficiency in engines, which directly impacts fuel economy and emissions. The demand for these machines is closely tied to the overall health of the automotive and industrial sectors, as well as trends in engine technology and maintenance practices. With advancements in engine design, including the rise of electric vehicles, the market is adapting to new requirements while continuing to serve traditional internal combustion applications. The competitive landscape includes both established manufacturers and newer entrants, all striving to offer innovative solutions that enhance precision, speed, and ease of use. Regional variations in industrial activity and automotive production further influence market dynamics, making it a globally interconnected yet locally nuanced industry.

Key Highlights

The valve grinder market is characterized by its reliance on precision engineering and technological innovation. Key players such as Sunnen Products Company, Chris-Marine, and AZ Spa are at the forefront, offering advanced machines that integrate digital controls and automation for improved accuracy and efficiency. These companies focus on developing products that reduce operational time and enhance repeatability, which is crucial for high-volume applications. Another highlight is the growing adoption of CNC valve grinders, which provide superior consistency and are increasingly used in aerospace and marine industries where tolerances are extremely tight. The market also sees a trend towards multi-functional equipment that can handle various valve-related tasks, such as grinding, lapping, and testing, thereby offering comprehensive solutions to end-users. Additionally, the emphasis on sustainability and reduced emissions drives the need for precise valve machining to ensure engine compliance with environmental regulations. The aftermarket segment remains robust, as regular maintenance and refurbishment of valves are essential for engine longevity, supporting steady demand even in fluctuating economic conditions.

Drivers, Opportunities & Restraints

Several drivers propel the valve grinder market, including the continuous demand for engine maintenance and reconditioning across automotive, marine, and industrial sectors. The need for fuel-efficient and low-emission engines necessitates precise valve machining, further boosting market growth. Technological advancements, such as automation and IoT integration, offer opportunities for enhanced productivity and predictive maintenance capabilities, attracting investments from key players. The expansion of the automotive aftermarket, particularly in emerging economies, presents significant growth prospects, as increasing vehicle ownership drives demand for repair and maintenance services. However, the market faces restraints such as the high initial cost of advanced valve grinding machines, which may deter small-scale operators. The shift towards electric vehicles poses a long-term challenge, as these engines require fewer traditional valves, potentially reducing demand over time. Economic uncertainties and fluctuations in industrial production can also impact capital expenditures on equipment. Despite these challenges, innovations in multi-axis grinding and customization for niche applications create new opportunities, ensuring the market remains dynamic and adaptive to changing industry needs.

Concentration Insights

The valve grinder market exhibits a concentrated competitive landscape, with a few established players dominating significant market share. Companies like Sunnen Products Company, Chris-Marine, and AZ Spa are leaders, leveraging their extensive product portfolios and global distribution networks. These firms focus on continuous innovation, often introducing machines with enhanced precision and user-friendly features to maintain their competitive edge. Regional concentration is also evident, with North America and Europe being key markets due to their strong automotive and industrial bases. However, Asia-Pacific is emerging as a lucrative region, driven by growing automotive production and industrialization in countries like China and India. The market sees collaboration between manufacturers and end-users to develop customized solutions, particularly for aerospace and heavy-duty applications. Despite the presence of dominant players, smaller companies and regional manufacturers compete by offering cost-effective alternatives and specialized services. The concentration of technological expertise and R&D investments among top players creates high barriers to entry, but niche segments and aftermarket services provide opportunities for smaller entrants to thrive.

Type Insights

Valve grinders are categorized into various types based on their technology and application, including portable valve grinders, bench-mounted models, and CNC valve grinders. Portable valve grinders are widely used in automotive repair shops for their flexibility and ease of use in on-site maintenance. Bench-mounted valve grinders offer greater stability and precision, making them suitable for industrial settings where accuracy is paramount. CNC valve grinders represent the advanced segment, featuring computer numerical control for automated, high-precision grinding operations. These machines are increasingly adopted in sectors like aerospace and marine engineering, where stringent tolerances are required. Another type includes valve seat grinders, which focus specifically on machining valve seats to ensure proper sealing. The market also sees hybrid machines that combine grinding, lapping, and testing functionalities, providing comprehensive solutions for valve reconditioning. Each type caters to distinct end-user needs, with technological advancements driving the evolution towards more integrated and automated systems. The choice of valve grinder depends on factors such as volume of work, precision requirements, and budget constraints, influencing purchasing decisions across different industries.

Application Insights

Valve grinders find applications across diverse industries, with the automotive sector being the largest consumer. In automotive repair and maintenance, these machines are essential for reconditioning engine valves to restore performance and efficiency. The industrial machinery sector utilizes valve grinders for maintaining engines in generators, compressors, and heavy equipment, ensuring operational reliability. The marine industry relies on precision valve grinding for ship engines, where downtime can be costly, emphasizing the need for durable and accurate equipment. Aerospace applications demand ultra-precision grinding to meet strict safety and performance standards, often employing CNC valve grinders for consistency. Additionally, the power generation sector uses valve grinders for maintaining turbines and other critical infrastructure. The aftermarket segment is significant, as regular valve maintenance extends the life of engines and reduces overall operating costs. Emerging applications include the use of valve grinders in racing and high-performance engines, where precision is crucial for achieving optimal power output. The versatility of valve grinders across these applications underscores their importance in ensuring mechanical efficiency and longevity.

Regional Insights

The valve grinder market demonstrates distinct regional dynamics influenced by industrial activity and automotive production. North America remains a key market, driven by a robust automotive aftermarket and presence of major industrial manufacturers. The region's focus on technological adoption and precision engineering supports demand for advanced valve grinding solutions. Europe follows closely, with strong automotive and aerospace sectors necessitating high-quality valve maintenance equipment. Countries like Germany and Italy are hubs for manufacturing excellence, contributing significantly to regional market growth. Asia-Pacific is the fastest-growing region, fueled by expanding automotive production in China, India, and Southeast Asia. Rapid industrialization and increasing vehicle parc in these economies boost demand for repair and maintenance services, driving valve grinder adoption. Latin America and Middle East & Africa show moderate growth, supported by developing industrial infrastructure and automotive sectors. Regional variations in regulatory standards, particularly emissions norms, also influence market trends, as precise valve grinding is essential for compliance. Overall, the global market is interconnected, with manufacturers tailoring products to meet regional requirements and capitalize on local opportunities.

Company Insights

Leading companies in the valve grinder market include Sunnen Products Company, renowned for its honing and precision grinding machines, offering solutions for automotive and industrial applications. Chris-Marine specializes in marine engine maintenance equipment, providing valve grinders and related tools for the shipping industry. AZ Spa focuses on CNC grinding machines, catering to aerospace and high-precision sectors with advanced technology. Other notable players include Comec Group, which offers a range of valve reconditioning equipment for automotive workshops, and Serdi, known for its valve seat and guide machines. These companies emphasize innovation, often introducing features like digital controls, automation, and IoT connectivity to enhance performance and user experience. Strategic initiatives such as partnerships, acquisitions, and expansion into emerging markets are common, aimed at strengthening global presence. The competitive landscape is marked by continuous R&D efforts to develop machines that offer higher accuracy, faster operation, and greater versatility. Customer support and after-sales services are also critical differentiators, as end-users value reliability and technical assistance. The presence of these established players ensures a high standard of quality and technological advancement in the market.

Recent Developments

Recent developments in the valve grinder market highlight a trend towards increased automation and digitalization. Key players have introduced CNC valve grinders with enhanced software integration, allowing for precise control and data tracking. For instance, advancements in multi-axis grinding enable complex geometries and improved surface finishes, meeting demanding aerospace and automotive standards. There is also a growing focus on sustainability, with manufacturers developing energy-efficient machines and eco-friendly processes. Collaboration between companies and end-users has led to customized solutions for specific applications, such as high-volume production lines or niche industrial needs. Additionally, the integration of IoT and predictive maintenance capabilities allows users to monitor machine health and optimize performance remotely. Market participants are expanding their product portfolios through acquisitions and partnerships, aiming to offer comprehensive valve reconditioning systems. The rise of electric vehicles has prompted some companies to explore adaptations for new engine components, though traditional valve grinding remains relevant for existing internal combustion engines. These developments reflect the industry's commitment to innovation and adaptability in response to evolving market demands.

Report Segmentation

The valve grinder market report is segmented based on type, application, and region to provide a detailed analysis of industry trends. By type, the market is divided into portable valve grinders, bench-mounted valve grinders, CNC valve grinders, and others, each catering to different precision and mobility needs. Application segmentation covers automotive, industrial machinery, marine, aerospace, and other sectors, highlighting the diverse usage across industries. Geographically, the market is analyzed across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa, capturing regional variations in demand and growth patterns. Each segment offers insights into key drivers, challenges, and opportunities, enabling stakeholders to make informed decisions. The report also examines competitive landscapes within segments, identifying leading players and their strategies. This comprehensive segmentation helps in understanding niche markets and emerging trends, such as the adoption of automated grinders in specific applications or regional shifts in manufacturing activity. The analysis aids businesses in targeting lucrative segments and developing strategies aligned with market dynamics.

FAQs

What is a valve grinder used for? A valve grinder is a machine tool used for reconditioning and grinding engine valves to ensure proper sealing and performance in internal combustion engines.

How does a valve grinder work? It works by rotating the valve against a grinding wheel or abrasive surface to remove material and create a precise, smooth finish for optimal engine function.

What are the types of valve grinders? Types include portable valve grinders for on-site repairs, bench-mounted models for stability, and CNC valve grinders for automated, high-precision operations.

Which industries use valve grinders? Industries such as automotive repair, industrial machinery maintenance, marine engineering, aerospace, and power generation utilize valve grinders.

Who are the key players in the valve grinder market? Leading companies include Sunnen Products Company, Chris-Marine, AZ Spa, Comec Group, and Serdi, among others.

What are the benefits of using a valve grinder? Benefits include improved engine efficiency, reduced emissions, extended valve life, and cost savings through maintenance rather than replacement.

Citius Research has developed a research report titled “Valve Grinder 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

• Valve Grinder 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 Valve Grinder 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.

Valve Grinder Market Segmentation

Market Segmentation

Regions Covered

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

Valve Grinder Market Analysis

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

• Overview of Valve Grinder Market
• Research Methodology
• Executive Summary
• Market Dynamics of Valve Grinder 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 Valve Grinder Market
• Cost and Gross Margin Analysis of Valve Grinder Market
• Valve Grinder 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 “Valve Grinder 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.

Valve Grinder Market Key Stakeholders

Below are the key stakeholders for the Valve Grinder Market:

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

Valve Grinder 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 Valve Grinder 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 Valve Grinder 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 Valve Grinder 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 Valve Grinder 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 Valve Grinder Market is expected to grow at a CAGR of XX% from 2023 to 2030.
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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 Valve Grinder 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 Valve Grinder 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 Valve Grinder 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 Valve Grinder 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 Valve Grinder 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 Valve Grinder 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 Valve Grinder 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 Valve Grinder 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 Valve Grinder 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 Valve Grinder 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 Valve Grinder 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.

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