Global Battery TIC Supply, Demand and Key Producers, 2024-2030
Page: 107
Published Date: 22 Jul 2024
Category: Service & Software
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- Description
- Table of Contents
- Table of Figures
- Research Methodology
- Companies Mentioned
- Related Reports
- Product Tags
Description
Battery TIC (Testing, Inspection, and Certification) is a critical aspect of ensuring the safety, quality, and compliance of battery products, particularly in industries such as electric vehicles (EVs), consumer electronics, and energy storage systems.
The global Battery TIC market size is expected to reach $ million by 2030, rising at a market growth of %CAGR during the forecast period (2024-2030).
This report studies the global Battery TIC demand, key companies, and key regions.
This report is a detailed and comprehensive analysis of the world market for Battery TIC, and provides market size (US$ million) and Year-over-Year (YoY) growth, considering 2023 as the base year. This report explores demand trends and competition, as well as details the characteristics of Battery TIC that contribute to its increasing demand across many markets.
Highlights and key features of the study
Global Battery TIC total market, 2019-2030, (USD Million)
Global Battery TIC total market by region & country, CAGR, 2019-2030, (USD Million)
U.S. VS China: Battery TIC total market, key domestic companies, and share, (USD Million)
Global Battery TIC revenue by player, revenue and market share 2019-2024, (USD Million)
Global Battery TIC total market by Type, CAGR, 2019-2030, (USD Million)
Global Battery TIC total market by Application, CAGR, 2019-2030, (USD Million)
This report profiles major players in the global Battery TIC 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 SGS SA, Bureau Veritas, Intertek Group plc, DEKRA, UL LLC, Eurofins Scientific, TÜV SÜD, TÜV Rheinland, TÜV NORD GROUP, DNV GL, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the world Battery TIC 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 2019-2030 by year with 2023 as the base year, 2024 as the estimate year, and 2025-2030 as the forecast year.
Global Battery TIC Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World
Global Battery TIC Market, Segmentation by Type
Testing
Inspection
Certification
Global Battery TIC Market, Segmentation by Application:
Electric Vehicles (EVs)
Internal Combustion Engine (lCE) Vehicles
Consumer Electronics
Industrial Equipment
Medical Devices
Other
Companies Profiled:
SGS SA
Bureau Veritas
Intertek Group plc
DEKRA
UL LLC
Eurofins Scientific
TÜV SÜD
TÜV Rheinland
TÜV NORD GROUP
DNV GL
Key Questions Answered
1. How big is the global Battery TIC market?
2. What is the demand of the global Battery TIC market?
3. What is the year over year growth of the global Battery TIC market?
4. What is the total value of the global Battery TIC market?
5. Who are the Major Players in the global Battery TIC market?
6. What are the growth factors driving the market demand?
Table of Contents
1 Supply Summary
1.1 Battery TIC Introduction
1.2 World Battery TIC Market Size & Forecast (2019 & 2023 & 2030)
1.3 World Battery TIC Total Market by Region (by Headquarter Location)
1.3.1 World Battery TIC Market Size by Region (2019-2030), (by Headquarter Location)
1.3.2 United States Based Company Battery TIC Revenue (2019-2030)
1.3.3 China Based Company Battery TIC Revenue (2019-2030)
1.3.4 Europe Based Company Battery TIC Revenue (2019-2030)
1.3.5 Japan Based Company Battery TIC Revenue (2019-2030)
1.3.6 South Korea Based Company Battery TIC Revenue (2019-2030)
1.3.7 ASEAN Based Company Battery TIC Revenue (2019-2030)
1.3.8 India Based Company Battery TIC Revenue (2019-2030)
1.4 Market Drivers, Restraints and Trends
1.4.1 Battery TIC Market Drivers
1.4.2 Factors Affecting Demand
1.4.3 Major Market Trends
2 Demand Summary
2.1 World Battery TIC Consumption Value (2019-2030)
2.2 World Battery TIC Consumption Value by Region
2.2.1 World Battery TIC Consumption Value by Region (2019-2024)
2.2.2 World Battery TIC Consumption Value Forecast by Region (2025-2030)
2.3 United States Battery TIC Consumption Value (2019-2030)
2.4 China Battery TIC Consumption Value (2019-2030)
2.5 Europe Battery TIC Consumption Value (2019-2030)
2.6 Japan Battery TIC Consumption Value (2019-2030)
2.7 South Korea Battery TIC Consumption Value (2019-2030)
2.8 ASEAN Battery TIC Consumption Value (2019-2030)
2.9 India Battery TIC Consumption Value (2019-2030)
3 World Battery TIC Companies Competitive Analysis
3.1 World Battery TIC Revenue by Player (2019-2024)
3.2 Industry Rank and Concentration Rate (CR)
3.2.1 Global Battery TIC Industry Rank of Major Players
3.2.2 Global Concentration Ratios (CR4) for Battery TIC in 2023
3.2.3 Global Concentration Ratios (CR8) for Battery TIC in 2023
3.3 Battery TIC Company Evaluation Quadrant
3.4 Battery TIC Market: Overall Company Footprint Analysis
3.4.1 Battery TIC Market: Region Footprint
3.4.2 Battery TIC Market: Company Product Type Footprint
3.4.3 Battery TIC 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 World (by Headquarter Location)
4.1 United States VS China: Battery TIC Revenue Comparison (by Headquarter Location)
4.1.1 United States VS China: Battery TIC Revenue Comparison (2019 & 2023 & 2030) (by Headquarter Location)
4.1.2 United States VS China: Battery TIC Revenue Market Share Comparison (2019 & 2023 & 2030)
4.2 United States Based Companies VS China Based Companies: Battery TIC Consumption Value Comparison
4.2.1 United States VS China: Battery TIC Consumption Value Comparison (2019 & 2023 & 2030)
4.2.2 United States VS China: Battery TIC Consumption Value Market Share Comparison (2019 & 2023 & 2030)
4.3 United States Based Battery TIC Companies and Market Share, 2019-2024
4.3.1 United States Based Battery TIC Companies, Headquarters (States, Country)
4.3.2 United States Based Companies Battery TIC Revenue, (2019-2024)
4.4 China Based Companies Battery TIC Revenue and Market Share, 2019-2024
4.4.1 China Based Battery TIC Companies, Company Headquarters (Province, Country)
4.4.2 China Based Companies Battery TIC Revenue, (2019-2024)
4.5 Rest of World Based Battery TIC Companies and Market Share, 2019-2024
4.5.1 Rest of World Based Battery TIC Companies, Headquarters (Province, Country)
4.5.2 Rest of World Based Companies Battery TIC Revenue (2019-2024)
5 Market Analysis by Type
5.1 World Battery TIC Market Size Overview by Type: 2019 VS 2023 VS 2030
5.2 Segment Introduction by Type
5.2.1 Testing
5.2.2 Inspection
5.2.3 Certification
5.3 Market Segment by Type
5.3.1 World Battery TIC Market Size by Type (2019-2024)
5.3.2 World Battery TIC Market Size by Type (2025-2030)
5.3.3 World Battery TIC Market Size Market Share by Type (2025-2030)
6 Market Analysis by Application
6.1 World Battery TIC Market Size Overview by Application: 2019 VS 2023 VS 2030
6.2 Segment Introduction by Application
6.2.1 Electric Vehicles (EVs)
6.2.2 Internal Combustion Engine (lCE) Vehicles
6.2.3 Consumer Electronics
6.2.4 Industrial Equipment
6.2.5 Medical Devices
6.2.6 Other
6.3 Market Segment by Application
6.3.1 World Battery TIC Market Size by Application (2019-2024)
6.3.2 World Battery TIC Market Size by Application (2025-2030)
6.3.3 World Battery TIC Market Size Market Share by Application (2019-2030)
7 Company Profiles
7.1 SGS SA
7.1.1 SGS SA Details
7.1.2 SGS SA Major Business
7.1.3 SGS SA Battery TIC Product and Services
7.1.4 SGS SA Battery TIC Revenue, Gross Margin and Market Share (2019-2024)
7.1.5 SGS SA Recent Developments/Updates
7.1.6 SGS SA Competitive Strengths & Weaknesses
7.2 Bureau Veritas
7.2.1 Bureau Veritas Details
7.2.2 Bureau Veritas Major Business
7.2.3 Bureau Veritas Battery TIC Product and Services
7.2.4 Bureau Veritas Battery TIC Revenue, Gross Margin and Market Share (2019-2024)
7.2.5 Bureau Veritas Recent Developments/Updates
7.2.6 Bureau Veritas Competitive Strengths & Weaknesses
7.3 Intertek Group plc
7.3.1 Intertek Group plc Details
7.3.2 Intertek Group plc Major Business
7.3.3 Intertek Group plc Battery TIC Product and Services
7.3.4 Intertek Group plc Battery TIC Revenue, Gross Margin and Market Share (2019-2024)
7.3.5 Intertek Group plc Recent Developments/Updates
7.3.6 Intertek Group plc Competitive Strengths & Weaknesses
7.4 DEKRA
7.4.1 DEKRA Details
7.4.2 DEKRA Major Business
7.4.3 DEKRA Battery TIC Product and Services
7.4.4 DEKRA Battery TIC Revenue, Gross Margin and Market Share (2019-2024)
7.4.5 DEKRA Recent Developments/Updates
7.4.6 DEKRA Competitive Strengths & Weaknesses
7.5 UL LLC
7.5.1 UL LLC Details
7.5.2 UL LLC Major Business
7.5.3 UL LLC Battery TIC Product and Services
7.5.4 UL LLC Battery TIC Revenue, Gross Margin and Market Share (2019-2024)
7.5.5 UL LLC Recent Developments/Updates
7.5.6 UL LLC Competitive Strengths & Weaknesses
7.6 Eurofins Scientific
7.6.1 Eurofins Scientific Details
7.6.2 Eurofins Scientific Major Business
7.6.3 Eurofins Scientific Battery TIC Product and Services
7.6.4 Eurofins Scientific Battery TIC Revenue, Gross Margin and Market Share (2019-2024)
7.6.5 Eurofins Scientific Recent Developments/Updates
7.6.6 Eurofins Scientific Competitive Strengths & Weaknesses
7.7 TÜV SÜD
7.7.1 TÜV SÜD Details
7.7.2 TÜV SÜD Major Business
7.7.3 TÜV SÜD Battery TIC Product and Services
7.7.4 TÜV SÜD Battery TIC Revenue, Gross Margin and Market Share (2019-2024)
7.7.5 TÜV SÜD Recent Developments/Updates
7.7.6 TÜV SÜD Competitive Strengths & Weaknesses
7.8 TÜV Rheinland
7.8.1 TÜV Rheinland Details
7.8.2 TÜV Rheinland Major Business
7.8.3 TÜV Rheinland Battery TIC Product and Services
7.8.4 TÜV Rheinland Battery TIC Revenue, Gross Margin and Market Share (2019-2024)
7.8.5 TÜV Rheinland Recent Developments/Updates
7.8.6 TÜV Rheinland Competitive Strengths & Weaknesses
7.9 TÜV NORD GROUP
7.9.1 TÜV NORD GROUP Details
7.9.2 TÜV NORD GROUP Major Business
7.9.3 TÜV NORD GROUP Battery TIC Product and Services
7.9.4 TÜV NORD GROUP Battery TIC Revenue, Gross Margin and Market Share (2019-2024)
7.9.5 TÜV NORD GROUP Recent Developments/Updates
7.9.6 TÜV NORD GROUP Competitive Strengths & Weaknesses
7.10 DNV GL
7.10.1 DNV GL Details
7.10.2 DNV GL Major Business
7.10.3 DNV GL Battery TIC Product and Services
7.10.4 DNV GL Battery TIC Revenue, Gross Margin and Market Share (2019-2024)
7.10.5 DNV GL Recent Developments/Updates
7.10.6 DNV GL Competitive Strengths & Weaknesses
8 Industry Chain Analysis
8.1 Battery TIC Industry Chain
8.2 Battery TIC Upstream Analysis
8.3 Battery TIC Midstream Analysis
8.4 Battery TIC 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 Battery TIC Revenue by Region (2019, 2023 and 2030) & (USD Million), (by Headquarter Location)
Table 2. World Battery TIC Revenue by Region (2019-2024) & (USD Million), (by Headquarter Location)
Table 3. World Battery TIC Revenue by Region (2025-2030) & (USD Million), (by Headquarter Location)
Table 4. World Battery TIC Revenue Market Share by Region (2019-2024), (by Headquarter Location)
Table 5. World Battery TIC Revenue Market Share by Region (2025-2030), (by Headquarter Location)
Table 6. Major Market Trends
Table 7. World Battery TIC Consumption Value Growth Rate Forecast by Region (2019 & 2023 & 2030) & (USD Million)
Table 8. World Battery TIC Consumption Value by Region (2019-2024) & (USD Million)
Table 9. World Battery TIC Consumption Value Forecast by Region (2025-2030) & (USD Million)
Table 10. World Battery TIC Revenue by Player (2019-2024) & (USD Million)
Table 11. Revenue Market Share of Key Battery TIC Players in 2023
Table 12. World Battery TIC Industry Rank of Major Player, Based on Revenue in 2023
Table 13. Global Battery TIC Company Evaluation Quadrant
Table 14. Head Office of Key Battery TIC Players
Table 15. Battery TIC Market: Company Product Type Footprint
Table 16. Battery TIC Market: Company Product Application Footprint
Table 17. Battery TIC Mergers & Acquisitions Activity
Table 18. United States VS China Battery TIC Revenue Comparison, (2019 & 2023 & 2030) & (USD Million)
Table 19. United States VS China Battery TIC Consumption Value Comparison, (2019 & 2023 & 2030) & (USD Million)
Table 20. United States Based Battery TIC Companies, Headquarters (States, Country)
Table 21. United States Based Companies Battery TIC Revenue, (2019-2024) & (USD Million)
Table 22. United States Based Companies Battery TIC Revenue Market Share (2019-2024)
Table 23. China Based Battery TIC Companies, Headquarters (Province, Country)
Table 24. China Based Companies Battery TIC Revenue, (2019-2024) & (USD Million)
Table 25. China Based Companies Battery TIC Revenue Market Share (2019-2024)
Table 26. Rest of World Based Battery TIC Companies, Headquarters (Province, Country)
Table 27. Rest of World Based Companies Battery TIC Revenue (2019-2024) & (USD Million)
Table 28. Rest of World Based Companies Battery TIC Revenue Market Share (2019-2024)
Table 29. World Battery TIC Market Size by Type, (USD Million), 2019 & 2023 & 2030
Table 30. World Battery TIC Market Size Value by Type (2019-2024) & (USD Million)
Table 31. World Battery TIC Market Size by Type (2025-2030) & (USD Million)
Table 32. World Battery TIC Market Size by Application, (USD Million), 2019 & 2023 & 2030
Table 33. World Battery TIC Market Size by Application (2019-2024) & (USD Million)
Table 34. World Battery TIC Market Size by Application (2025-2030) & (USD Million)
Table 35. SGS SA Basic Information, Manufacturing Base and Competitors
Table 36. SGS SA Major Business
Table 37. SGS SA Battery TIC Product and Services
Table 38. SGS SA Battery TIC Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 39. SGS SA Recent Developments/Updates
Table 40. SGS SA Competitive Strengths & Weaknesses
Table 41. Bureau Veritas Basic Information, Manufacturing Base and Competitors
Table 42. Bureau Veritas Major Business
Table 43. Bureau Veritas Battery TIC Product and Services
Table 44. Bureau Veritas Battery TIC Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 45. Bureau Veritas Recent Developments/Updates
Table 46. Bureau Veritas Competitive Strengths & Weaknesses
Table 47. Intertek Group plc Basic Information, Manufacturing Base and Competitors
Table 48. Intertek Group plc Major Business
Table 49. Intertek Group plc Battery TIC Product and Services
Table 50. Intertek Group plc Battery TIC Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 51. Intertek Group plc Recent Developments/Updates
Table 52. Intertek Group plc Competitive Strengths & Weaknesses
Table 53. DEKRA Basic Information, Manufacturing Base and Competitors
Table 54. DEKRA Major Business
Table 55. DEKRA Battery TIC Product and Services
Table 56. DEKRA Battery TIC Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 57. DEKRA Recent Developments/Updates
Table 58. DEKRA Competitive Strengths & Weaknesses
Table 59. UL LLC Basic Information, Manufacturing Base and Competitors
Table 60. UL LLC Major Business
Table 61. UL LLC Battery TIC Product and Services
Table 62. UL LLC Battery TIC Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 63. UL LLC Recent Developments/Updates
Table 64. UL LLC Competitive Strengths & Weaknesses
Table 65. Eurofins Scientific Basic Information, Manufacturing Base and Competitors
Table 66. Eurofins Scientific Major Business
Table 67. Eurofins Scientific Battery TIC Product and Services
Table 68. Eurofins Scientific Battery TIC Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 69. Eurofins Scientific Recent Developments/Updates
Table 70. Eurofins Scientific Competitive Strengths & Weaknesses
Table 71. TÜV SÜD Basic Information, Manufacturing Base and Competitors
Table 72. TÜV SÜD Major Business
Table 73. TÜV SÜD Battery TIC Product and Services
Table 74. TÜV SÜD Battery TIC Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 75. TÜV SÜD Recent Developments/Updates
Table 76. TÜV SÜD Competitive Strengths & Weaknesses
Table 77. TÜV Rheinland Basic Information, Manufacturing Base and Competitors
Table 78. TÜV Rheinland Major Business
Table 79. TÜV Rheinland Battery TIC Product and Services
Table 80. TÜV Rheinland Battery TIC Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 81. TÜV Rheinland Recent Developments/Updates
Table 82. TÜV Rheinland Competitive Strengths & Weaknesses
Table 83. TÜV NORD GROUP Basic Information, Manufacturing Base and Competitors
Table 84. TÜV NORD GROUP Major Business
Table 85. TÜV NORD GROUP Battery TIC Product and Services
Table 86. TÜV NORD GROUP Battery TIC Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 87. TÜV NORD GROUP Recent Developments/Updates
Table 88. TÜV NORD GROUP Competitive Strengths & Weaknesses
Table 89. DNV GL Basic Information, Manufacturing Base and Competitors
Table 90. DNV GL Major Business
Table 91. DNV GL Battery TIC Product and Services
Table 92. DNV GL Battery TIC Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 93. DNV GL Recent Developments/Updates
Table 94. DNV GL Competitive Strengths & Weaknesses
Table 95. Global Key Players of Battery TIC Upstream (Raw Materials)
Table 96. Global Battery TIC Typical Customers
List of Figures
Figure 1. Battery TIC Picture
Figure 2. World Battery TIC Total Revenue: 2019 & 2023 & 2030, (USD Million)
Figure 3. World Battery TIC Total Revenue (2019-2030) & (USD Million)
Figure 4. World Battery TIC Revenue by Region (2019, 2023 and 2030) & (USD Million), (by Headquarter Location)
Figure 5. World Battery TIC Revenue Market Share by Region (2019-2030), (by Headquarter Location)
Figure 6. United States Based Company Battery TIC Revenue (2019-2030) & (USD Million)
Figure 7. China Based Company Battery TIC Revenue (2019-2030) & (USD Million)
Figure 8. Europe Based Company Battery TIC Revenue (2019-2030) & (USD Million)
Figure 9. Japan Based Company Battery TIC Revenue (2019-2030) & (USD Million)
Figure 10. South Korea Based Company Battery TIC Revenue (2019-2030) & (USD Million)
Figure 11. ASEAN Based Company Battery TIC Revenue (2019-2030) & (USD Million)
Figure 12. India Based Company Battery TIC Revenue (2019-2030) & (USD Million)
Figure 13. Battery TIC Market Drivers
Figure 14. Factors Affecting Demand
Figure 15. World Battery TIC Consumption Value (2019-2030) & (USD Million)
Figure 16. World Battery TIC Consumption Value Market Share by Region (2019-2030)
Figure 17. United States Battery TIC Consumption Value (2019-2030) & (USD Million)
Figure 18. China Battery TIC Consumption Value (2019-2030) & (USD Million)
Figure 19. Europe Battery TIC Consumption Value (2019-2030) & (USD Million)
Figure 20. Japan Battery TIC Consumption Value (2019-2030) & (USD Million)
Figure 21. South Korea Battery TIC Consumption Value (2019-2030) & (USD Million)
Figure 22. ASEAN Battery TIC Consumption Value (2019-2030) & (USD Million)
Figure 23. India Battery TIC Consumption Value (2019-2030) & (USD Million)
Figure 24. Producer Shipments of Battery TIC by Player Revenue ($MM) and Market Share (%): 2023
Figure 25. Global Four-firm Concentration Ratios (CR4) for Battery TIC Markets in 2023
Figure 26. Global Four-firm Concentration Ratios (CR8) for Battery TIC Markets in 2023
Figure 27. United States VS China: Battery TIC Revenue Market Share Comparison (2019 & 2023 & 2030)
Figure 28. United States VS China: Battery TIC Consumption Value Market Share Comparison (2019 & 2023 & 2030)
Figure 29. World Battery TIC Market Size by Type, (USD Million), 2019 & 2023 & 2030
Figure 30. World Battery TIC Market Size Market Share by Type in 2023
Figure 31. Testing
Figure 32. Inspection
Figure 33. Certification
Figure 34. World Battery TIC Market Size Market Share by Type (2019-2030)
Figure 35. World Battery TIC Market Size by Application, (USD Million), 2019 & 2023 & 2030
Figure 36. World Battery TIC Market Size Market Share by Application in 2023
Figure 37. Electric Vehicles (EVs)
Figure 38. Internal Combustion Engine (lCE) Vehicles
Figure 39. Consumer Electronics
Figure 40. Industrial Equipment
Figure 41. Medical Devices
Figure 42. Other
Figure 43. World Battery TIC Market Size Market Share by Application (2019-2030)
Figure 44. Battery TIC Industrial Chain
Figure 45. Methodology
Figure 46. 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
SGS SA Bureau Veritas Intertek Group plc DEKRA UL LLC Eurofins Scientific TÜV SÜD TÜV Rheinland TÜV NORD GROUP DNV GL
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