Global EV Battery Testing Service Supply, Demand and Key Producers, 2023-2029

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Published Date: 30 Jul 2023

Category: Service & Software

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Description
Table of Contents
Table of Figures
Research Methodology
Companies Mentioned
Related Reports
Product Tags

Description

The global EV Battery Testing Service market size is expected to reach $ million by 2029, rising at a market growth of % CAGR during the forecast period (2023-2029).

Global EV sales continued strong. A total of 10,5 million new BEVs and PHEVs were delivered during 2022, an increase of +55 % compared to 2021. China and Europe emerged as the main drivers of strong growth in global EV sales. In 2022, the production and sales of new energy vehicles in China reach 7.0 million and 6.8 million respectively, a year-on-year increase of 96.9% and 93.4%, with a market share of 25.6%. The production and sales of new energy vehicles have ranked first in the world for eight consecutive years. Among them, the sales volume of pure electric vehicles was 5.365 million, a year-on-year increase of 81.6%. In 2022, sales of pure electric vehicles in Europe will increase by 29% year-on-year to 1.58 million.

This report studies the global EV Battery Testing Service demand, key companies, and key regions.

This report is a detailed and comprehensive analysis of the world market for EV Battery Testing Service, and provides market size (US$ million) and Year-over-Year (YoY) growth, considering 2022 as the base year. This report explores demand trends and competition, as well as details the characteristics of EV Battery Testing Service that contribute to its increasing demand across many markets.

Highlights and key features of the study
Global EV Battery Testing Service total market, 2018-2029, (USD Million)
Global EV Battery Testing Service total market by region & country, CAGR, 2018-2029, (USD Million)
U.S. VS China: EV Battery Testing Service total market, key domestic companies and share, (USD Million)
Global EV Battery Testing Service revenue by player and market share 2018-2023, (USD Million)
Global EV Battery Testing Service total market by Type, CAGR, 2018-2029, (USD Million)
Global EV Battery Testing Service total market by Application, CAGR, 2018-2029, (USD Million).

This reports profiles major players in the global EV Battery Testing Service market based on the following parameters – company overview, revenue, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include TÜV SÜD, Element, Intertek, Millbrook, Mobile Power Solutions, JOT Automation, SGS, UL and NH Research(NHR), etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.

Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the World EV Battery Testing Service market.

Detailed Segmentation:
Each section contains quantitative market data including market by value (US$ Millions), by player, by regions, by Type, and by Application. Data is given for the years 2018-2029 by year with 2022 as the base year, 2023 as the estimate year, and 2024-2029 as the forecast year.

Global EV Battery Testing Service Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World

Global EV Battery Testing Service Market, Segmentation by Type
Testing
Inspection
Certification
Others

Global EV Battery Testing Service Market, Segmentation by Application
Passenger Vehicle
Commercial Vehicle

Companies Profiled:
TÜV SÜD
Element
Intertek
Millbrook
Mobile Power Solutions
JOT Automation
SGS
UL
NH Research(NHR)

Key Questions Answered
1. How big is the global EV Battery Testing Service market?
2. What is the demand of the global EV Battery Testing Service market?
3. What is the year over year growth of the global EV Battery Testing Service market?
4. What is the total value of the global EV Battery Testing Service market?
5. Who are the major players in the global EV Battery Testing Service market?
6. What are the growth factors driving the market demand?

Table of Contents

1 Supply Summary
    1.1 EV Battery Testing Service Introduction
    1.2 World EV Battery Testing Service Market Size & Forecast (2018 & 2022 & 2029)
    1.3 World EV Battery Testing Service Total Market by Region (by Headquarter Location)
        1.3.1 World EV Battery Testing Service Market Size by Region (2018-2029), (by Headquarter Location)
        1.3.2 United States EV Battery Testing Service Market Size (2018-2029)
        1.3.3 China EV Battery Testing Service Market Size (2018-2029)
        1.3.4 Europe EV Battery Testing Service Market Size (2018-2029)
        1.3.5 Japan EV Battery Testing Service Market Size (2018-2029)
        1.3.6 South Korea EV Battery Testing Service Market Size (2018-2029)
        1.3.7 ASEAN EV Battery Testing Service Market Size (2018-2029)
        1.3.8 India EV Battery Testing Service Market Size (2018-2029)
    1.4 Market Drivers, Restraints and Trends
        1.4.1 EV Battery Testing Service Market Drivers
        1.4.2 Factors Affecting Demand
        1.4.3 EV Battery Testing Service Major Market Trends
    1.5 Influence of COVID-19 and Russia-Ukraine War
        1.5.1 Influence of COVID-19
        1.5.2 Influence of Russia-Ukraine War

2 Demand Summary
    2.1 World EV Battery Testing Service Consumption Value (2018-2029)
    2.2 World EV Battery Testing Service Consumption Value by Region
        2.2.1 World EV Battery Testing Service Consumption Value by Region (2018-2023)
        2.2.2 World EV Battery Testing Service Consumption Value Forecast by Region (2024-2029)
    2.3 United States EV Battery Testing Service Consumption Value (2018-2029)
    2.4 China EV Battery Testing Service Consumption Value (2018-2029)
    2.5 Europe EV Battery Testing Service Consumption Value (2018-2029)
    2.6 Japan EV Battery Testing Service Consumption Value (2018-2029)
    2.7 South Korea EV Battery Testing Service Consumption Value (2018-2029)
    2.8 ASEAN EV Battery Testing Service Consumption Value (2018-2029)
    2.9 India EV Battery Testing Service Consumption Value (2018-2029)

3 World EV Battery Testing Service Companies Competitive Analysis
    3.1 World EV Battery Testing Service Revenue by Player (2018-2023)
    3.2 Industry Rank and Concentration Rate (CR)
        3.2.1 Global EV Battery Testing Service Industry Rank of Major Players
        3.2.2 Global Concentration Ratios (CR4) for EV Battery Testing Service in 2022
        3.2.3 Global Concentration Ratios (CR8) for EV Battery Testing Service in 2022
    3.3 EV Battery Testing Service Company Evaluation Quadrant
    3.4 EV Battery Testing Service Market: Overall Company Footprint Analysis
        3.4.1 EV Battery Testing Service Market: Region Footprint
        3.4.2 EV Battery Testing Service Market: Company Product Type Footprint
        3.4.3 EV Battery Testing Service Market: Company Product Application Footprint
    3.5 Competitive Environment
        3.5.1 Historical Structure of the Industry
        3.5.2 Barriers of Market Entry
        3.5.3 Factors of Competition
    3.6 Mergers, Acquisitions Activity

4 United States VS China VS Rest of the World (by Headquarter Location)
    4.1 United States VS China: EV Battery Testing Service Revenue Comparison (by Headquarter Location)
        4.1.1 United States VS China: EV Battery Testing Service Market Size Comparison (2018 & 2022 & 2029) (by Headquarter Location)
        4.1.2 United States VS China: EV Battery Testing Service Revenue Market Share Comparison (2018 & 2022 & 2029)
    4.2 United States Based Companies VS China Based Companies: EV Battery Testing Service Consumption Value Comparison
        4.2.1 United States VS China: EV Battery Testing Service Consumption Value Comparison (2018 & 2022 & 2029)
        4.2.2 United States VS China: EV Battery Testing Service Consumption Value Market Share Comparison (2018 & 2022 & 2029)
    4.3 United States Based EV Battery Testing Service Companies and Market Share, 2018-2023
        4.3.1 United States Based EV Battery Testing Service Companies, Headquarters (States, Country)
        4.3.2 United States Based Companies EV Battery Testing Service Revenue, (2018-2023)
    4.4 China Based Companies EV Battery Testing Service Revenue and Market Share, 2018-2023
        4.4.1 China Based EV Battery Testing Service Companies, Company Headquarters (Province, Country)
        4.4.2 China Based Companies EV Battery Testing Service Revenue, (2018-2023)
    4.5 Rest of World Based EV Battery Testing Service Companies and Market Share, 2018-2023
        4.5.1 Rest of World Based EV Battery Testing Service Companies, Headquarters (States, Country)
        4.5.2 Rest of World Based Companies EV Battery Testing Service Revenue, (2018-2023)

5 Market Analysis by Type
    5.1 World EV Battery Testing Service Market Size Overview by Type: 2018 VS 2022 VS 2029
    5.2 Segment Introduction by Type
        5.2.1 Testing
        5.2.2 Inspection
        5.2.3 Certification
        5.2.4 Others
    5.3 Market Segment by Type
        5.3.1 World EV Battery Testing Service Market Size by Type (2018-2023)
        5.3.2 World EV Battery Testing Service Market Size by Type (2024-2029)
        5.3.3 World EV Battery Testing Service Market Size Market Share by Type (2018-2029)

6 Market Analysis by Application
    6.1 World EV Battery Testing Service Market Size Overview by Application: 2018 VS 2022 VS 2029
    6.2 Segment Introduction by Application
        6.2.1 Passenger Vehicle
        6.2.2 Commercial Vehicle
    6.3 Market Segment by Application
        6.3.1 World EV Battery Testing Service Market Size by Application (2018-2023)
        6.3.2 World EV Battery Testing Service Market Size by Application (2024-2029)
        6.3.3 World EV Battery Testing Service Market Size by Application (2018-2029)

7 Company Profiles
    7.1 TÜV SÜD
        7.1.1 TÜV SÜD Details
        7.1.2 TÜV SÜD Major Business
        7.1.3 TÜV SÜD EV Battery Testing Service Product and Services
        7.1.4 TÜV SÜD EV Battery Testing Service Revenue, Gross Margin and Market Share (2018-2023)
        7.1.5 TÜV SÜD Recent Developments/Updates
        7.1.6 TÜV SÜD Competitive Strengths & Weaknesses
    7.2 Element
        7.2.1 Element Details
        7.2.2 Element Major Business
        7.2.3 Element EV Battery Testing Service Product and Services
        7.2.4 Element EV Battery Testing Service Revenue, Gross Margin and Market Share (2018-2023)
        7.2.5 Element Recent Developments/Updates
        7.2.6 Element Competitive Strengths & Weaknesses
    7.3 Intertek
        7.3.1 Intertek Details
        7.3.2 Intertek Major Business
        7.3.3 Intertek EV Battery Testing Service Product and Services
        7.3.4 Intertek EV Battery Testing Service Revenue, Gross Margin and Market Share (2018-2023)
        7.3.5 Intertek Recent Developments/Updates
        7.3.6 Intertek Competitive Strengths & Weaknesses
    7.4 Millbrook
        7.4.1 Millbrook Details
        7.4.2 Millbrook Major Business
        7.4.3 Millbrook EV Battery Testing Service Product and Services
        7.4.4 Millbrook EV Battery Testing Service Revenue, Gross Margin and Market Share (2018-2023)
        7.4.5 Millbrook Recent Developments/Updates
        7.4.6 Millbrook Competitive Strengths & Weaknesses
    7.5 Mobile Power Solutions
        7.5.1 Mobile Power Solutions Details
        7.5.2 Mobile Power Solutions Major Business
        7.5.3 Mobile Power Solutions EV Battery Testing Service Product and Services
        7.5.4 Mobile Power Solutions EV Battery Testing Service Revenue, Gross Margin and Market Share (2018-2023)
        7.5.5 Mobile Power Solutions Recent Developments/Updates
        7.5.6 Mobile Power Solutions Competitive Strengths & Weaknesses
    7.6 JOT Automation
        7.6.1 JOT Automation Details
        7.6.2 JOT Automation Major Business
        7.6.3 JOT Automation EV Battery Testing Service Product and Services
        7.6.4 JOT Automation EV Battery Testing Service Revenue, Gross Margin and Market Share (2018-2023)
        7.6.5 JOT Automation Recent Developments/Updates
        7.6.6 JOT Automation Competitive Strengths & Weaknesses
    7.7 SGS
        7.7.1 SGS Details
        7.7.2 SGS Major Business
        7.7.3 SGS EV Battery Testing Service Product and Services
        7.7.4 SGS EV Battery Testing Service Revenue, Gross Margin and Market Share (2018-2023)
        7.7.5 SGS Recent Developments/Updates
        7.7.6 SGS Competitive Strengths & Weaknesses
    7.8 UL
        7.8.1 UL Details
        7.8.2 UL Major Business
        7.8.3 UL EV Battery Testing Service Product and Services
        7.8.4 UL EV Battery Testing Service Revenue, Gross Margin and Market Share (2018-2023)
        7.8.5 UL Recent Developments/Updates
        7.8.6 UL Competitive Strengths & Weaknesses
    7.9 NH Research(NHR)
        7.9.1 NH Research(NHR) Details
        7.9.2 NH Research(NHR) Major Business
        7.9.3 NH Research(NHR) EV Battery Testing Service Product and Services
        7.9.4 NH Research(NHR) EV Battery Testing Service Revenue, Gross Margin and Market Share (2018-2023)
        7.9.5 NH Research(NHR) Recent Developments/Updates
        7.9.6 NH Research(NHR) Competitive Strengths & Weaknesses

8 Industry Chain Analysis
    8.1 EV Battery Testing Service Industry Chain
    8.2 EV Battery Testing Service Upstream Analysis
    8.3 EV Battery Testing Service Midstream Analysis
    8.4 EV Battery Testing Service Downstream Analysis

9 Research Findings and Conclusion

10 Appendix
    10.1 Methodology
    10.2 Research Process and Data Source
    10.3 Disclaimer

Table of Figures

List of Tables
    Table 1. World EV Battery Testing Service Revenue by Region (2018, 2022 and 2029) & (USD Million), (by Headquarter Location)
    Table 2. World EV Battery Testing Service Revenue by Region (2018-2023) & (USD Million), (by Headquarter Location)
    Table 3. World EV Battery Testing Service Revenue by Region (2024-2029) & (USD Million), (by Headquarter Location)
    Table 4. World EV Battery Testing Service Revenue Market Share by Region (2018-2023), (by Headquarter Location)
    Table 5. World EV Battery Testing Service Revenue Market Share by Region (2024-2029), (by Headquarter Location)
    Table 6. Major Market Trends
    Table 7. World EV Battery Testing Service Consumption Value Growth Rate Forecast by Region (2018 & 2022 & 2029) & (USD Million)
    Table 8. World EV Battery Testing Service Consumption Value by Region (2018-2023) & (USD Million)
    Table 9. World EV Battery Testing Service Consumption Value Forecast by Region (2024-2029) & (USD Million)
    Table 10. World EV Battery Testing Service Revenue by Player (2018-2023) & (USD Million)
    Table 11. Revenue Market Share of Key EV Battery Testing Service Players in 2022
    Table 12. World EV Battery Testing Service Industry Rank of Major Player, Based on Revenue in 2022
    Table 13. Global EV Battery Testing Service Company Evaluation Quadrant
    Table 14. Head Office of Key EV Battery Testing Service Player
    Table 15. EV Battery Testing Service Market: Company Product Type Footprint
    Table 16. EV Battery Testing Service Market: Company Product Application Footprint
    Table 17. EV Battery Testing Service Mergers & Acquisitions Activity
    Table 18. United States VS China EV Battery Testing Service Market Size Comparison, (2018 & 2022 & 2029) & (USD Million)
    Table 19. United States VS China EV Battery Testing Service Consumption Value Comparison, (2018 & 2022 & 2029) & (USD Million)
    Table 20. United States Based EV Battery Testing Service Companies, Headquarters (States, Country)
    Table 21. United States Based Companies EV Battery Testing Service Revenue, (2018-2023) & (USD Million)
    Table 22. United States Based Companies EV Battery Testing Service Revenue Market Share (2018-2023)
    Table 23. China Based EV Battery Testing Service Companies, Headquarters (Province, Country)
    Table 24. China Based Companies EV Battery Testing Service Revenue, (2018-2023) & (USD Million)
    Table 25. China Based Companies EV Battery Testing Service Revenue Market Share (2018-2023)
    Table 26. Rest of World Based EV Battery Testing Service Companies, Headquarters (States, Country)
    Table 27. Rest of World Based Companies EV Battery Testing Service Revenue, (2018-2023) & (USD Million)
    Table 28. Rest of World Based Companies EV Battery Testing Service Revenue Market Share (2018-2023)
    Table 29. World EV Battery Testing Service Market Size by Type, (USD Million), 2018 & 2022 & 2029
    Table 30. World EV Battery Testing Service Market Size by Type (2018-2023) & (USD Million)
    Table 31. World EV Battery Testing Service Market Size by Type (2024-2029) & (USD Million)
    Table 32. World EV Battery Testing Service Market Size by Application, (USD Million), 2018 & 2022 & 2029
    Table 33. World EV Battery Testing Service Market Size by Application (2018-2023) & (USD Million)
    Table 34. World EV Battery Testing Service Market Size by Application (2024-2029) & (USD Million)
    Table 35. TÜV SÜD Basic Information, Area Served and Competitors
    Table 36. TÜV SÜD Major Business
    Table 37. TÜV SÜD EV Battery Testing Service Product and Services
    Table 38. TÜV SÜD EV Battery Testing Service Revenue, Gross Margin and Market Share (2018-2023) & (USD Million)
    Table 39. TÜV SÜD Recent Developments/Updates
    Table 40. TÜV SÜD Competitive Strengths & Weaknesses
    Table 41. Element Basic Information, Area Served and Competitors
    Table 42. Element Major Business
    Table 43. Element EV Battery Testing Service Product and Services
    Table 44. Element EV Battery Testing Service Revenue, Gross Margin and Market Share (2018-2023) & (USD Million)
    Table 45. Element Recent Developments/Updates
    Table 46. Element Competitive Strengths & Weaknesses
    Table 47. Intertek Basic Information, Area Served and Competitors
    Table 48. Intertek Major Business
    Table 49. Intertek EV Battery Testing Service Product and Services
    Table 50. Intertek EV Battery Testing Service Revenue, Gross Margin and Market Share (2018-2023) & (USD Million)
    Table 51. Intertek Recent Developments/Updates
    Table 52. Intertek Competitive Strengths & Weaknesses
    Table 53. Millbrook Basic Information, Area Served and Competitors
    Table 54. Millbrook Major Business
    Table 55. Millbrook EV Battery Testing Service Product and Services
    Table 56. Millbrook EV Battery Testing Service Revenue, Gross Margin and Market Share (2018-2023) & (USD Million)
    Table 57. Millbrook Recent Developments/Updates
    Table 58. Millbrook Competitive Strengths & Weaknesses
    Table 59. Mobile Power Solutions Basic Information, Area Served and Competitors
    Table 60. Mobile Power Solutions Major Business
    Table 61. Mobile Power Solutions EV Battery Testing Service Product and Services
    Table 62. Mobile Power Solutions EV Battery Testing Service Revenue, Gross Margin and Market Share (2018-2023) & (USD Million)
    Table 63. Mobile Power Solutions Recent Developments/Updates
    Table 64. Mobile Power Solutions Competitive Strengths & Weaknesses
    Table 65. JOT Automation Basic Information, Area Served and Competitors
    Table 66. JOT Automation Major Business
    Table 67. JOT Automation EV Battery Testing Service Product and Services
    Table 68. JOT Automation EV Battery Testing Service Revenue, Gross Margin and Market Share (2018-2023) & (USD Million)
    Table 69. JOT Automation Recent Developments/Updates
    Table 70. JOT Automation Competitive Strengths & Weaknesses
    Table 71. SGS Basic Information, Area Served and Competitors
    Table 72. SGS Major Business
    Table 73. SGS EV Battery Testing Service Product and Services
    Table 74. SGS EV Battery Testing Service Revenue, Gross Margin and Market Share (2018-2023) & (USD Million)
    Table 75. SGS Recent Developments/Updates
    Table 76. SGS Competitive Strengths & Weaknesses
    Table 77. UL Basic Information, Area Served and Competitors
    Table 78. UL Major Business
    Table 79. UL EV Battery Testing Service Product and Services
    Table 80. UL EV Battery Testing Service Revenue, Gross Margin and Market Share (2018-2023) & (USD Million)
    Table 81. UL Recent Developments/Updates
    Table 82. NH Research(NHR) Basic Information, Area Served and Competitors
    Table 83. NH Research(NHR) Major Business
    Table 84. NH Research(NHR) EV Battery Testing Service Product and Services
    Table 85. NH Research(NHR) EV Battery Testing Service Revenue, Gross Margin and Market Share (2018-2023) & (USD Million)
    Table 86. Global Key Players of EV Battery Testing Service Upstream (Raw Materials)
    Table 87. EV Battery Testing Service Typical Customers
List of Figure
    Figure 1. EV Battery Testing Service Picture
    Figure 2. World EV Battery Testing Service Total Market Size: 2018 & 2022 & 2029, (USD Million)
    Figure 3. World EV Battery Testing Service Total Market Size (2018-2029) & (USD Million)
    Figure 4. World EV Battery Testing Service Revenue Market Share by Region (2018, 2022 and 2029) & (USD Million) , (by Headquarter Location)
    Figure 5. World EV Battery Testing Service Revenue Market Share by Region (2018-2029), (by Headquarter Location)
    Figure 6. United States Based Company EV Battery Testing Service Revenue (2018-2029) & (USD Million)
    Figure 7. China Based Company EV Battery Testing Service Revenue (2018-2029) & (USD Million)
    Figure 8. Europe Based Company EV Battery Testing Service Revenue (2018-2029) & (USD Million)
    Figure 9. Japan Based Company EV Battery Testing Service Revenue (2018-2029) & (USD Million)
    Figure 10. South Korea Based Company EV Battery Testing Service Revenue (2018-2029) & (USD Million)
    Figure 11. ASEAN Based Company EV Battery Testing Service Revenue (2018-2029) & (USD Million)
    Figure 12. India Based Company EV Battery Testing Service Revenue (2018-2029) & (USD Million)
    Figure 13. EV Battery Testing Service Market Drivers
    Figure 14. Factors Affecting Demand
    Figure 15. World EV Battery Testing Service Consumption Value (2018-2029) & (USD Million)
    Figure 16. World EV Battery Testing Service Consumption Value Market Share by Region (2018-2029)
    Figure 17. United States EV Battery Testing Service Consumption Value (2018-2029) & (USD Million)
    Figure 18. China EV Battery Testing Service Consumption Value (2018-2029) & (USD Million)
    Figure 19. Europe EV Battery Testing Service Consumption Value (2018-2029) & (USD Million)
    Figure 20. Japan EV Battery Testing Service Consumption Value (2018-2029) & (USD Million)
    Figure 21. South Korea EV Battery Testing Service Consumption Value (2018-2029) & (USD Million)
    Figure 22. ASEAN EV Battery Testing Service Consumption Value (2018-2029) & (USD Million)
    Figure 23. India EV Battery Testing Service Consumption Value (2018-2029) & (USD Million)
    Figure 24. Producer Shipments of EV Battery Testing Service by Player Revenue ($MM) and Market Share (%): 2022
    Figure 25. Global Four-firm Concentration Ratios (CR4) for EV Battery Testing Service Markets in 2022
    Figure 26. Global Four-firm Concentration Ratios (CR8) for EV Battery Testing Service Markets in 2022
    Figure 27. United States VS China: EV Battery Testing Service Revenue Market Share Comparison (2018 & 2022 & 2029)
    Figure 28. United States VS China: EV Battery Testing Service Consumption Value Market Share Comparison (2018 & 2022 & 2029)
    Figure 29. World EV Battery Testing Service Market Size by Type, (USD Million), 2018 & 2022 & 2029
    Figure 30. World EV Battery Testing Service Market Size Market Share by Type in 2022
    Figure 31. Testing
    Figure 32. Inspection
    Figure 33. Certification
    Figure 34. Others
    Figure 35. World EV Battery Testing Service Market Size Market Share by Type (2018-2029)
    Figure 36. World EV Battery Testing Service Market Size by Application, (USD Million), 2018 & 2022 & 2029
    Figure 37. World EV Battery Testing Service Market Size Market Share by Application in 2022
    Figure 38. Passenger Vehicle
    Figure 39. Commercial Vehicle
    Figure 40. EV Battery Testing Service Industrial Chain
    Figure 41. Methodology
    Figure 42. Research Process and Data Source

Research Methodology

Client Requirements

Review and analyze client requirements

Discussion of all the project requirements and queries

Flexibility Check

Project Feasibility Analysis

Finalizing tentative research programme

Structuring project proposal with scope, timeline, and costs

Analyzing Market Dynamics

Determination of key drivers, restraints, challenge, and opportunity

Identifies market needs and trends

Market Size Estimation & Forecast

Estimation of historical data based on secondary and primary data

Anticipating market recast by assigning weightage to market forces (drivers, restraints, opportunities)

Freezing historical and forecast market size estimations based on evolution, trends, outlook, and strategies

Consideration of geography, region-specific product/service demand for region segments

Consideration of product utilization rates, product demand outlook for segments by application or end-user.

Data Source

Secondary Source
Data collections from annual reports, presentations,associations, journals, analyst reports, paid database, press releases, blogs, newsletters,and GIR repositories.

Primary Source
Research discussion with manufacturers, distributors, suppliers, end user, industry experts to verify insights.

Validation and
triangulation of
secondary and primary source.

Collection of data

Cumulating and collating the essential qualitative and quantitative data

Generation of report in client requested format by research analysts

Reviews by expert analysts

Final quality check

Clarifying queries

Receiving feedback

Ensuring satisfaction

01 Identification of data

This step involves identification of several primary and secondary data research sources, including Global Info Research's internal data sources. The primary sources consist of in-depth discussions and interviews with policy makers, industry experts, and data evaluators, whereas secondary sources include a thorough study of market journals, press releases, annual reports, and government and non-government agencies websites.
02 Evaluation of Market Dynamic

This phase includes a detailed evaluation of several factors that are likely to affect the market dynamics. It involves a comprehensive assessment of major market pain points, drivers, and trends. It also comprises a detailed study of research plans and methodology.
03 Collection of Data

This process consists of gathering data, accessing proprietary databases, and reaching out to key industry participants that operate in the market across the value chain. It also involves studying several patterns in the historical data and comparing it with the current scenario.
04 Collaboration of Data

This stage involves the validation of data and arrival at actual statistics, and evolution of the market over the years. It entails the study and analyzes various segments and verticals of the market. An impact analysis is also performed to observe which factors will affect the market in the next few years.
05 Verification and Analysis

This is the final stage, which involves both quantity and quality checks. Although the process of data verification is an integral part of the research process, all data points and statistics and figures are re-checked to uphold their authenticity and validity.

Companies Mentioned

TÜV SÜD
Element
Intertek
Millbrook
Mobile Power Solutions
JOT Automation
SGS
UL
NH Research(NHR)

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