Wedge Wire Screen 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: CR0208057
  • Format: Electronic (PDF)
  • Number of Pages: 190
  • Author(s): Joshi, Madhavi

Report Overview

The Wedge Wire Screen Market size was estimated at USD 850 million in 2023 and is projected to reach USD 1.28 billion by 2030, exhibiting a compound annual growth rate (CAGR) of 6.30% during the forecast period (2024-2030).

Wedge Wire Screen Market

(Market Size)
$850 million
$1.28 billion
2023
2030
Source: Citius Research
Study Period 2018 - 2030
Base Year For Estimation 2023
Forecast Data Period 2024 - 2030
CAGR (2024-2030) 6.30%
2023 Market Size USD 850 million
2030 Market Size USD 1.28 billion
Key Players Johnson Screens, Hendrick Screen, Multotec, Polydeck, Terex

Market Summary

The wedge wire screen market is a specialized segment within the manufacturing and construction industries, providing essential filtration and separation solutions across a diverse range of applications. These screens are characterized by their V-shaped wire profile, which is welded onto support rods to create a robust and precise screening surface with slot openings that do not blind or plug easily. The market serves critical sectors including mining and mineral processing, water and wastewater treatment, food and beverage processing, and the chemical industry, where reliable solid-liquid separation and sizing are paramount. The demand is driven by the need for efficiency, durability, and low maintenance in industrial processes. Manufacturers are continually innovating in terms of materials, such as stainless steel and other high-grade alloys, to enhance corrosion resistance and lifespan, catering to harsh operating environments. The market is globally distributed, with significant production and consumption hubs in North America, Europe, and the Asia-Pacific region, reflecting the widespread industrial base in these areas.

Key Highlights

The wedge wire screen market is distinguished by several key factors that underscore its importance in industrial applications. A primary highlight is the product's exceptional structural integrity and high open area, which allows for greater flow rates and more efficient separation compared to alternative screening media. The screens are renowned for their longevity and ability to withstand high pressures and abrasive conditions, making them a cost-effective solution over the long term. Customization is another significant aspect, with manufacturers offering screens in various slot sizes, diameters, and materials like 304 and 316 stainless steel to meet precise customer specifications for different industries. The technology is also evolving with advancements in manufacturing techniques, such as laser welding and automated production, which enhance precision and consistency. Furthermore, the critical role these screens play in environmental sustainability, particularly in water treatment and recycling processes, positions them as a vital component in modern industrial infrastructure and green initiatives.

Drivers, Opportunities & Restraints

The growth of the wedge wire screen market is propelled by several powerful drivers. A primary driver is the expanding global water and wastewater treatment industry, fueled by increasing environmental regulations and the urgent need for clean water, which requires highly efficient filtration systems. The growth in mining activities worldwide also significantly boosts demand, as wedge wire screens are indispensable for mineral processing, dewatering, and classification. The food and beverage industry's strict hygiene standards present another strong driver, necessitating sanitary and easy-to-clean screening solutions. Opportunities for market expansion are abundant in emerging economies within Asia-Pacific and Latin America, where industrialization and infrastructure development are accelerating. The development of new applications in sectors like oil and gas, and pulp and paper, also presents fertile ground for growth. However, the market faces certain restraints, including the high initial cost of high-quality wedge wire screens compared to some alternative screening media, which can be a barrier for cost-sensitive projects. Fluctuations in the prices of raw materials, particularly stainless steel, can also impact manufacturing costs and profit margins for producers.

Concentration Insights

The competitive landscape of the wedge wire screen market features a mix of global players and specialized regional manufacturers, indicating a moderately concentrated market structure. Several established companies with a long history in industrial filtration and screening hold significant market share due to their extensive product portfolios, strong technical expertise, and global distribution networks. These key players often compete on the basis of product quality, customization capabilities, and the ability to provide comprehensive solutions and after-sales support. Alongside these giants, there is a notable presence of smaller, niche manufacturers that focus on serving specific regional markets or specialized application areas, often competing through agility and deep customer relationships. The market concentration is also influenced by high barriers to entry related to the required technical know-how, specialized manufacturing equipment, and the need to establish credibility and trust with industrial clients who prioritize reliability and performance in their operations.

Type Insights

Wedge wire screens are primarily categorized based on their profile and construction, with the two main types being profile wire screens and wedge wire cylinders. Profile wire screens consist of wires with a trapezoidal cross-section that are welded onto support rods, creating a smooth surface with precise, uniform slot openings on one side. This design is ideal for flat-panel applications in vibrating screens, sieves, and filter presses. Wedge wire cylinders, also known as sieve bends or DSM screens, are constructed by welding the profile wires onto a circular frame, creating a curved screening surface. These are predominantly used for dewatering, desliming, and draining applications, often in mineral processing and coal preparation plants. Beyond these, screens are also differentiated by the slot size, which can range from microns to several millimeters, and by the material of construction, with stainless steel grades 304 and 316 being the most common due to their excellent corrosion resistance and strength.

Application Insights

The application spectrum for wedge wire screens is vast and critical to numerous industrial processes. In the water and wastewater treatment sector, they are extensively used in intake screens, drum filters, and sieve bends to remove solids and debris, ensuring the protection of downstream equipment and the quality of treated water. The mining and mineral industry relies heavily on these screens for sizing, scalping, dewatering, and media recovery in processes for coal, iron ore, copper, and other minerals. Within the food and beverage industry, wedge wire screens are essential for sorting, grading, and filtering products like sugar, starch, grains, and beverages, where hygiene and product integrity are non-negotiable. The chemical and pharmaceutical sectors utilize them for catalyst recovery, separation processes, and effluent treatment. Other significant applications are found in the pulp and paper industry for pulp screening and in the oil and gas sector for sand control and filtration.

Regional Insights

The demand for wedge wire screens exhibits distinct regional patterns aligned with industrial activity. The Asia-Pacific region represents a dominant and rapidly growing market, driven by massive investments in infrastructure, urbanization, and industrial manufacturing, particularly in China and India. The region's expanding mining sector and stringent new environmental policies mandating advanced water treatment are key demand generators. North America and Europe are mature but steady markets characterized by a high degree of technological adoption and a focus on upgrading and replacing aging industrial infrastructure. These regions have strong established bases in mining, food processing, and water treatment, demanding high-performance, reliable screening solutions. The Middle East and Africa show promising growth potential, primarily linked to the water treatment needs in arid climates and ongoing mining activities. Latin America's market is also evolving, supported by investments in the mining and agricultural processing industries.

Company Insights

The wedge wire screen market is served by a cohort of specialized manufacturers known for their engineering expertise and quality products. Prominent global players include companies like Andritz Group, which offers a wide range of separation technologies, and Metso Outotec, a leader in minerals processing and recycling equipment. Johnson Screens, a part of Berkshire Hathaway, has a long-standing reputation for well screen and industrial filtration products. Other significant contributors are Hendrick Screen Company, which specializes in custom-designed screens, and Aqseptence Group, known for its solutions in water intake and treatment. These companies compete intensely on factors such as material science, ability to deliver custom designs for complex applications, manufacturing precision, and the provision of value-added services like screen panel change-out and maintenance. Their strategic focus often includes expanding their geographic footprint and enhancing their product offerings through continuous research and development.

Recent Developments

The wedge wire screen market is witnessing ongoing innovation and strategic movements aimed at enhancing product performance and capturing new opportunities. A significant trend is the increased adoption of advanced manufacturing technologies, such as automated welding and laser cutting, which allow for greater precision in slot creation and improved overall product consistency and durability. Companies are also investing in the development of new alloy compositions and protective coatings to extend screen life in extremely corrosive or abrasive environments, such as in seawater intake or aggressive chemical processing. There is a growing emphasis on providing complete screening systems and digital monitoring solutions that integrate sensors to predict maintenance needs and optimize operational efficiency. Furthermore, key players are engaging in strategic acquisitions and partnerships to broaden their technological capabilities and strengthen their market presence in high-growth regions, particularly in the Asia-Pacific area.

Report Segmentation

This comprehensive market research report on the wedge wire screen industry provides a detailed analysis segmented across multiple dimensions to offer a granular view of the market dynamics. The segmentation is structured to dissect the market by type, distinguishing between profile wire screens and wedge wire cylinders, among other variants. It is further broken down by application, covering critical end-use sectors such as water and wastewater treatment, mining and mineral processing, food and beverage, chemical processing, and others. The analysis also includes a segmentation by material type, highlighting the usage of different grades of stainless steel and other alloys. Geographically, the report offers an in-depth regional analysis covering North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa. This multi-faceted segmentation allows for a thorough understanding of demand patterns, growth prospects, and competitive intensity within each specific segment of the market.

FAQs

What is a wedge wire screen used for?

Wedge wire screens are primarily used for filtration, separation, dewatering, and sizing applications across various industries. They effectively separate solids from liquids or classify solid particles by size in processes found in water treatment, mining, food and beverage production, and chemical manufacturing.

What are the advantages of wedge wire screen?

The key advantages of wedge wire screens include high mechanical strength, a large open area for efficient flow, resistance to blinding and clogging, long service life even under abrasive conditions, ease of cleaning, and the ability to be customized into various shapes and slot sizes for specific applications.

What is the slot size of a wedge wire screen?

The slot size of a wedge wire screen refers to the width of the opening between the profile wires. These slots are precision-made and can range dramatically in size, from very fine openings of just a few microns used in fine filtration up to several millimeters for coarse screening and dewatering tasks.

What is the difference between wedge wire and profile wire?

Wedge wire and profile wire are often used interchangeably, as wedge wire is a type of profile wire. The term "profile wire" describes the trapezoidal or V-shaped cross-section of the wire itself. "Wedge wire screen" then refers to the complete assembled product made by welding these profile wires onto support rods.

What material is wedge wire screen made of?

Wedge wire screens are most commonly manufactured from stainless steel, with grades 304 and 316 being the industry standards due to their excellent corrosion resistance. For more demanding environments, higher-grade alloys like duplex stainless steel, nickel alloys, or carbon steel with protective coatings are also used.

How is a wedge wire screen manufactured?

The manufacturing process involves precision welding V-shaped wires onto support rods (also called cross rods) at exact intervals to create consistent slot openings. This is typically done using advanced resistance welding techniques. The assembly can then be fabricated into flat panels, curved profiles, or cylindrical shapes based on the final application.

Citius Research has developed a research report titled “Wedge Wire Screen 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

• Wedge Wire Screen 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 Wedge Wire Screen 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.

Wedge Wire Screen Market Segmentation

Market Segmentation

Regions Covered

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

Wedge Wire Screen Market Analysis

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

• Overview of Wedge Wire Screen Market
• Research Methodology
• Executive Summary
• Market Dynamics of Wedge Wire Screen 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 Wedge Wire Screen Market
• Cost and Gross Margin Analysis of Wedge Wire Screen Market
• Wedge Wire Screen 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 “Wedge Wire Screen 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.

Wedge Wire Screen Market Key Stakeholders

Below are the key stakeholders for the Wedge Wire Screen Market:

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

Wedge Wire Screen 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 Wedge Wire Screen 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 Wedge Wire Screen 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 Wedge Wire Screen 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 Wedge Wire Screen 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 Wedge Wire Screen 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 Wedge Wire Screen 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 Wedge Wire Screen 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 Wedge Wire Screen 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 Wedge Wire Screen 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 Wedge Wire Screen 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 Wedge Wire Screen 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 Wedge Wire Screen 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 Wedge Wire Screen 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 Wedge Wire Screen 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 Wedge Wire Screen 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 Wedge Wire Screen 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