Automotive Paintless Dent Removal Tools Market by Type and Geography - Forecast and Analysis 2022-2026
- Published: Sep 2022
- Pages: 127
- SKU: IRTNTR74349
Enjoy complimentary customisation on priority with our Enterprise License!
Single:
One user only.
Quick & easy download optionEnterprise:
Unlimited user access (Within your organization)
Complimentary Customization Included
Automotive Paintless Dent Removal Tools Market is projected to grow by USD 417.75 million with a CAGR of 5.74% during the forecast period 2021 to 2026.
This automotive paintless dent removal tools market research report provides valuable insights on the post-COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers automotive paintless dent removal tools market segmentation by type (pullers and others) and geography (APAC, Europe, North America, South America, and the Middle East and Africa). The automotive paintless dent removal tools market report also offers information on several market vendors, including Ausburn Tools, B&D Innovative Tools, Dent Magic Tools Inc., FLEX Ltd, HBC systems AS, Maxima Advanced Repair Systems, PDR Finesse Tools Inc., ROTAR Machinery Industrial Co Ltd, Stanners Equipment Ltd., The Tool Connection Ltd, Trigo Group, Ultra Dent Tools Inc., and VEVOR among others.
What will the Automotive Paintless Dent Removal Tools Market Size be During the Forecast Period?
Download Report Sample to Unlock the Automotive Paintless Dent Removal Tools Market Size for the Forecast Period and Other Important Statistics
Automotive Paintless Dent Removal Tools Market: Key Drivers, Trends, and Challenges
The low cost of PDR tools is notably driving the automotive paintless dent removal tools market growth, although factors such as the ineffectiveness of PDR tools in certain cases may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic's impact on the automotive paintless dent removal tools market industry. The holistic analysis of the drivers will help deduce end goals and refine marketing strategies to gain a competitive edge.
Key Automotive Paintless Dent Removal Tools Market Driver
The low cost of PDR tools is one of the major drivers impacting the automotive paintless dent removal tools market growth. The automotive paintless dent removal (PDR) tools available in the market are very affordable. For instance, on average, the price of automotive glue-based PDR tools starts as low as $30. The average starting price of a complete PDR tools kit is as low as $70. Though the prices go beyond $100 for high-quality PDR tool sets, the overall pricing of PDR tools is not very high. Such pricing has played a key role in driving the growth of the global automotive PDR tools market. In addition to their low average pricing, the increase in the availability of distribution channels, such as e-commerce sites, has played an instrumental role in driving awareness among consumers. This has consequently led to the growth in demand for automotive PDR tools.
Key Automotive Paintless Dent Removal Tools Market Trend
The incorporation of business growth strategies by PDR tool vendors and service players is one of the major trends influencing the automotive paintless dent removal tools market growth. The players operating in the global automotive PDR tools market are working on different strategies and techniques to make their products commercially viable. The prominent players operating in the market have been incorporating different strategies to streamline their businesses. For instance, Dent Wizard International employed NetSuite OneWorld to power its business growth and streamline its processes. The company has made use of software to manage critical business processes such as inventory management and financial consolidation of its operations. The software is expected to reduce the complexity of labor-intensive processes and make the overall operations more efficient and transparent. The software performs a wide range of complex and critical business processes along with a high speed of implementation. It is also expected to serve as a platform that will provide real-time visibility of its business processes with the required scalability and flexibility to support PDR-related jobs.
Key Automotive Paintless Dent Removal Tools Market Challenge
The ineffectiveness of PDR tools in certain cases is one of the major challenges impeding the automotive paintless dent removal tools market growth. Automotive PDR tools are designed to provide cost-effective dent removal and save time. They can be effective for the paintless removal of small dents and dings, which are the most common forms of dents sustained by vehicles. However, these tools, especially the DIY ones, may not be effective in removing certain types of damage. A vehicle can get different types of dents and dings throughout its lifecycle. These can vary in shape, size, and place of occurrence. It has been noted that most DIY PDR tools are effective only on shallow dents sustained on flexible or flat surfaces. According to consumers, these PDR tools may not provide the perfect finish. Generally, these PDR tools and kits are not designed to work on deep or angular dents. In addition, these tools find it hard to fix dents sustained on the edges of the bodywork. Moreover, the dents sustained in places with thick sheet metal work are difficult to remove using most DIY PDR tools. Hence, such instances where DIY PDR tools are not effective in dent removal challenge the growth of the global automotive PDR tools market.
This automotive paintless dent removal tools market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.
Parent Market Analysis
Technavio categorizes the global automotive paintless dent removal tools market as a part of the global automotive components and accessories market within the global auto components market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the automotive paintless dent removal tools market during the forecast period.
Who are the Major Automotive Paintless Dent Removal Tools Market Vendors?
The report analyzes the market’s competitive landscape and offers information on several market vendors, including:
- Ausburn Tools
- B&D Innovative Tools
- Dent Magic Tools Inc.
- FLEX Ltd
- HBC systems AS
- Maxima Advanced Repair Systems
- PDR Finesse Tools Inc.
- ROTAR Machinery Industrial Co Ltd
- Stanners Equipment Ltd.
- The Tool Connection Ltd
- Trigo Group
- Ultra Dent Tools Inc.
- VEVOR
This statistical study of the automotive paintless dent removal tools market encompasses successful business strategies deployed by the key vendors. The automotive paintless dent removal tools market is concentrated, and the vendors are deploying organic and inorganic growth strategies to compete in the market.
To make the most of the opportunities and recover from the COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments while maintaining their positions in the slow-growing segments.
The vendor profiles are designed to help clients improve their market position, and the information on production and sustainability along with this report provides a detailed analysis of several leading Companies.
Automotive Paintless Dent Removal Tools Market Value Chain Analysis
Our report provides extensive information on the value chain analysis for the automotive paintless dent removal tools market, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chain is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.
Which are the Key Regions for Automotive Paintless Dent Removal Tools Market?
For more insights on the market share of various regions Request PDF Sample now!
40% of the market’s growth will originate from APAC during the forecast period. China, Japan, and India are the key markets for the automotive paintless dent removal tools market in APAC. Market growth in this region will be faster than the growth of the market in other regions.
The growing demand for automobiles in China, India, and South Korea will facilitate the automotive paintless dent removal tools market growth in APAC over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.
COVID-19 Impact and Recovery Analysis
In 2020, the rise in the number of COVID-19 cases in APAC had a negative influence on the automotive industry in the region. As a result, governments of countries such as India, China, and Japan in this region were obliged to impose complete lockdowns across APAC. It further resulted in the temporary closure of many vehicle-manufacturing units across APAC, leading to a decline in the production of automotive vehicles in the region in 2020. Therefore, the demand for automotive PDR tools also declined in 2020 across car service units. However, in 2021, the successful vaccination campaigns conducted across countries in APAC, as well as an increase in investment inflows from various sources into the automotive industry, led to the reopening of manufacturing units for motor vehicles and automotive ancillary items across APAC. As a result, the growth of the automotive PDR tools market in APAC is expected to accelerate during the forecast period.
What are the Revenue-generating Type Segments in the Automotive Paintless Dent Removal Tools Market?
To gain further insights on the market contribution of various segments Request a PDF Sample
The automotive paintless dent removal tools market share growth by the pullers segment will be significant during the forecast period. A puller is in the form of a screw that requires tightening to pull the dent outward. In another form, a single suction cup is used to pull the dent outwards. The first type of puller is more common and more effective.
This report provides an accurate prediction of the contribution of all the segments to the growth of the automotive paintless dent removal tools market size and actionable market insights on the post-COVID-19 impact on each segment.
Automotive Paintless Dent Removal Tools Market Scope |
|
Report Coverage |
Details |
Page number |
120 |
Base year |
2021 |
Forecast period |
2022-2026 |
Growth momentum & CAGR |
Accelerate at a CAGR of 5.74% |
Market growth 2022-2026 |
$417.75 million |
Market structure |
Concentrated |
YoY growth (%) |
5.17 |
Regional analysis |
APAC, Europe, North America, South America, and the Middle East and Africa |
Performing market contribution |
APAC at 40% |
Key consumer countries |
US, China, Japan, India, and Germany |
Competitive landscape |
Leading companies, Competitive Strategies, Consumer engagement scope |
Key companies profiled |
Ausburn Tools, B and D Innovative Tools, Dent Magic Tools Inc., FLEX Ltd, HBC systems AS, Maxima Advanced Repair Systems, PDR Finesse Tools Inc., ROTAR Machinery Industrial Co Ltd, Stanners Equipment Ltd., The Tool Connection Ltd, Trigo Group, Ultra Dent Tools Inc., and VEVOR |
Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and Market condition analysis for the forecast period. |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
What are the Key Data Covered in this Automotive Paintless Dent Removal Tools Market Report?
- CAGR of the market during the forecast period 2022-2026
- Detailed information on factors that will drive automotive paintless dent removal tools market growth during the next five years
- Precise estimation of the automotive paintless dent removal tools market size and its contribution to the parent market
- Accurate predictions on upcoming trends and changes in consumer behavior
- The growth of the automotive paintless dent removal tools industry across APAC, Europe, North America, South America, and the Middle East and Africa
- A thorough analysis of the market’s competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of automotive paintless dent removal tools market vendors
We can help! Our analysts can customize this report to meet your requirements. Get in touch
1 Executive Summary
- 1.1 Market overview
- Exhibit 01: Executive Summary – Chart on Market Overview
- Exhibit 02: Executive Summary – Data Table on Market Overview
- Exhibit 03: Executive Summary – Chart on Global Market Characteristics
- Exhibit 04: Executive Summary – Chart on Market by Geography
- Exhibit 05: Executive Summary – Chart on Market Segmentation by Type
- Exhibit 06: Executive Summary – Chart on Incremental Growth
- Exhibit 07: Executive Summary – Data Table on Incremental Growth
- Exhibit 08: Executive Summary – Chart on Vendor Market Positioning
2 Market Landscape
- 2.1 Market ecosystem
- Exhibit 09: Parent market
- Exhibit 10: Market Characteristics
3 Market Sizing
- 3.1 Market definition
- Exhibit 11: Offerings of vendors included in the market definition
- 3.2 Market segment analysis
- Exhibit 12: Market segments
- 3.3 Market size 2021
- 3.4 Market outlook: Forecast for 2021-2026
- Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ million)
- Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ million)
- Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
- Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)
4 Five Forces Analysis
- 4.1 Five forces summary
- Exhibit 17: Five forces analysis - Comparison between 2021 and 2026
- 4.2 Bargaining power of buyers
- Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026
- 4.3 Bargaining power of suppliers
- Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
- 4.4 Threat of new entrants
- Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026
- 4.5 Threat of substitutes
- Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026
- 4.6 Threat of rivalry
- Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026
- 4.7 Market condition
- Exhibit 23: Chart on Market condition - Five forces 2021 and 2026
5 Market Segmentation by Type
- 5.1 Market segments
- Exhibit 24: Chart on Type - Market share 2021-2026 (%)
- Exhibit 25: Data Table on Type - Market share 2021-2026 (%)
- 5.2 Comparison by Type
- Exhibit 26: Chart on Comparison by Type
- Exhibit 27: Data Table on Comparison by Type
- 5.3 Pullers - Market size and forecast 2021-2026
- Exhibit 28: Chart on Pullers - Market size and forecast 2021-2026 ($ million)
- Exhibit 29: Data Table on Pullers - Market size and forecast 2021-2026 ($ million)
- Exhibit 30: Chart on Pullers - Year-over-year growth 2021-2026 (%)
- Exhibit 31: Data Table on Pullers - Year-over-year growth 2021-2026 (%)
- 5.4 Others - Market size and forecast 2021-2026
- Exhibit 32: Chart on Others - Market size and forecast 2021-2026 ($ million)
- Exhibit 33: Data Table on Others - Market size and forecast 2021-2026 ($ million)
- Exhibit 34: Chart on Others - Year-over-year growth 2021-2026 (%)
- Exhibit 35: Data Table on Others - Year-over-year growth 2021-2026 (%)
- 5.5 Market opportunity by Type
- Exhibit 36: Market opportunity by Type ($ million)
6 Customer Landscape
- 6.1 Customer landscape overview
- Exhibit 37: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
7 Geographic Landscape
- 7.1 Geographic segmentation
- Exhibit 38: Chart on Market share by geography 2021-2026 (%)
- Exhibit 39: Data Table on Market share by geography 2021-2026 (%)
- 7.2 Geographic comparison
- Exhibit 40: Chart on Geographic comparison
- Exhibit 41: Data Table on Geographic comparison
- 7.3 APAC - Market size and forecast 2021-2026
- Exhibit 42: Chart on APAC - Market size and forecast 2021-2026 ($ million)
- Exhibit 43: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
- Exhibit 44: Chart on APAC - Year-over-year growth 2021-2026 (%)
- Exhibit 45: Data Table on APAC - Year-over-year growth 2021-2026 (%)
- 7.4 Europe - Market size and forecast 2021-2026
- Exhibit 46: Chart on Europe - Market size and forecast 2021-2026 ($ million)
- Exhibit 47: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
- Exhibit 48: Chart on Europe - Year-over-year growth 2021-2026 (%)
- Exhibit 49: Data Table on Europe - Year-over-year growth 2021-2026 (%)
- 7.5 North America - Market size and forecast 2021-2026
- Exhibit 50: Chart on North America - Market size and forecast 2021-2026 ($ million)
- Exhibit 51: Data Table on North America - Market size and forecast 2021-2026 ($ million)
- Exhibit 52: Chart on North America - Year-over-year growth 2021-2026 (%)
- Exhibit 53: Data Table on North America - Year-over-year growth 2021-2026 (%)
- 7.6 South America - Market size and forecast 2021-2026
- Exhibit 54: Chart on South America - Market size and forecast 2021-2026 ($ million)
- Exhibit 55: Data Table on South America - Market size and forecast 2021-2026 ($ million)
- Exhibit 56: Chart on South America - Year-over-year growth 2021-2026 (%)
- Exhibit 57: Data Table on South America - Year-over-year growth 2021-2026 (%)
- 7.7 Middle East and Africa - Market size and forecast 2021-2026
- Exhibit 58: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
- Exhibit 59: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
- Exhibit 60: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
- Exhibit 61: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)
- 7.8 US - Market size and forecast 2021-2026
- Exhibit 62: Chart on US - Market size and forecast 2021-2026 ($ million)
- Exhibit 63: Data Table on US - Market size and forecast 2021-2026 ($ million)
- Exhibit 64: Chart on US - Year-over-year growth 2021-2026 (%)
- Exhibit 65: Data Table on US - Year-over-year growth 2021-2026 (%)
- 7.9 China - Market size and forecast 2021-2026
- Exhibit 66: Chart on China - Market size and forecast 2021-2026 ($ million)
- Exhibit 67: Data Table on China - Market size and forecast 2021-2026 ($ million)
- Exhibit 68: Chart on China - Year-over-year growth 2021-2026 (%)
- Exhibit 69: Data Table on China - Year-over-year growth 2021-2026 (%)
- 7.10 Germany - Market size and forecast 2021-2026
- Exhibit 70: Chart on Germany - Market size and forecast 2021-2026 ($ million)
- Exhibit 71: Data Table on Germany - Market size and forecast 2021-2026 ($ million)
- Exhibit 72: Chart on Germany - Year-over-year growth 2021-2026 (%)
- Exhibit 73: Data Table on Germany - Year-over-year growth 2021-2026 (%)
- 7.11 Japan - Market size and forecast 2021-2026
- Exhibit 74: Chart on Japan - Market size and forecast 2021-2026 ($ million)
- Exhibit 75: Data Table on Japan - Market size and forecast 2021-2026 ($ million)
- Exhibit 76: Chart on Japan - Year-over-year growth 2021-2026 (%)
- Exhibit 77: Data Table on Japan - Year-over-year growth 2021-2026 (%)
- 7.12 India - Market size and forecast 2021-2026
- Exhibit 78: Chart on India - Market size and forecast 2021-2026 ($ million)
- Exhibit 79: Data Table on India - Market size and forecast 2021-2026 ($ million)
- Exhibit 80: Chart on India - Year-over-year growth 2021-2026 (%)
- Exhibit 81: Data Table on India - Year-over-year growth 2021-2026 (%)
- 7.13 Market opportunity by geography
- Exhibit 82: Market opportunity by geography ($ million)
8 Drivers, Challenges, and Trends
- 8.1 Market drivers
- 8.2 Market challenges
- 8.3 Impact of drivers and challenges
- Exhibit 83: Impact of drivers and challenges in 2021 and 2026
- 8.4 Market trends
9 Vendor Landscape
- 9.1 Overview
- 9.2 Vendor landscape
- Exhibit 84: Overview on Criticality of inputs and Factors of differentiation
- 9.3 Landscape disruption
- Exhibit 85: Overview on factors of disruption
- 9.4 Industry risks
- Exhibit 86: Impact of key risks on business
10 Vendor Analysis
- 10.1 Vendors covered
- Exhibit 87: Vendors covered
- 10.2 Market positioning of vendors
- Exhibit 88: Matrix on vendor position and classification
- 10.3 B and D Innovative Tools
- Exhibit 89: B and D Innovative Tools - Overview
- Exhibit 90: B and D Innovative Tools - Product / Service
- Exhibit 91: B and D Innovative Tools - Key offerings
- 10.4 Dent Magic Tools Inc.
- Exhibit 92: Dent Magic Tools Inc. - Overview
- Exhibit 93: Dent Magic Tools Inc. - Product / Service
- Exhibit 94: Dent Magic Tools Inc. - Key offerings
- 10.5 HBC systems AS
- Exhibit 95: HBC systems AS - Overview
- Exhibit 96: HBC systems AS - Business segments
- Exhibit 97: HBC systems AS - Key offerings
- Exhibit 98: HBC systems AS - Segment focus
- 10.6 Maxima Advanced Repair Systems
- Exhibit 99: Maxima Advanced Repair Systems - Overview
- Exhibit 100: Maxima Advanced Repair Systems - Product / Service
- Exhibit 101: Maxima Advanced Repair Systems - Key offerings
- 10.7 PDR Finesse Tools Inc.
- Exhibit 102: PDR Finesse Tools Inc. - Overview
- Exhibit 103: PDR Finesse Tools Inc. - Product / Service
- Exhibit 104: PDR Finesse Tools Inc. - Key offerings
- 10.8 ROTAR Machinery Industrial Co Ltd
- Exhibit 105: ROTAR Machinery Industrial Co Ltd - Overview
- Exhibit 106: ROTAR Machinery Industrial Co Ltd - Product / Service
- Exhibit 107: ROTAR Machinery Industrial Co Ltd - Key offerings
- 10.9 Stanners Equipment Ltd.
- Exhibit 108: Stanners Equipment Ltd. - Overview
- Exhibit 109: Stanners Equipment Ltd. - Product / Service
- Exhibit 110: Stanners Equipment Ltd. - Key offerings
- 10.10 The Tool Connection Ltd
- Exhibit 111: The Tool Connection Ltd - Overview
- Exhibit 112: The Tool Connection Ltd - Product / Service
- Exhibit 113: The Tool Connection Ltd - Key offerings
- 10.11 Trigo Group
- Exhibit 114: Trigo Group - Overview
- Exhibit 115: Trigo Group - Product / Service
- Exhibit 116: Trigo Group - Key offerings
- 10.12 Ultra Dent Tools Inc.
- Exhibit 117: Ultra Dent Tools Inc. - Overview
- Exhibit 118: Ultra Dent Tools Inc. - Product / Service
- Exhibit 119: Ultra Dent Tools Inc. - Key offerings
11 Appendix
- 11.1 Scope of the report
- 11.2 Inclusions and exclusions checklist
- Exhibit 120: Inclusions checklist
- Exhibit 121: Exclusions checklist
- 11.3 Currency conversion rates for US$
- Exhibit 122: Currency conversion rates for US$
- 11.4 Research methodology
- Exhibit 123: Research methodology
- Exhibit 124: Validation techniques employed for market sizing
- Exhibit 125: Information sources
- 11.5 List of abbreviations
- Exhibit 126: List of abbreviations
Research Framework
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
INFORMATION SOURCES
Primary sources
- Manufacturers and suppliers
- Channel partners
- Industry experts
- Strategic decision makers
Secondary sources
- Industry journals and periodicals
- Government data
- Financial reports of key industry players
- Historical data
- Press releases

DATA ANALYSIS
Data Synthesis
- Collation of data
- Estimation of key figures
- Analysis of derived insights
Data Validation
- Triangulation with data models
- Reference against proprietary databases
- Corroboration with industry experts

REPORT WRITING
Qualitative
- Market drivers
- Market challenges
- Market trends
- Five forces analysis
Quantitative
- Market size and forecast
- Market segmentation
- Geographical insights
- Competitive landscape
Frequently Asked Questions?
- US
- China
- Japan
- India
- Germany
- Low cost of PDR tools
- Incorporation of business growth strategies by PDR tools and service players
Key Questions Answered
- What are the key global market and the regional market share?
- What are the revenue-generating key market segments?
- What are the key factors driving and challenging this market’s growth?
- Who are the key market vendors and their growth strategies?
- What are the latest trends influencing the growth of this market?
- What are the variables influencing the market growth in the primary regions?
- What are the factors influencing the growth of the parent market?
Why should you prefer Technavio's market insights report?
Certified ISO 9001 : 2015

We are ISO 9001:2015 recognized that ensures quality services and product delivery to our clients.

We are GDPR and CCPA compliant! Your transaction & personal information is protected from unauthorized use.

Single:
One user only.
Quick & easy download optionEnterprise:
Unlimited user access (Within your organization)
Complimentary Customization Included
2500 USD
Get the report (PDF) sent to your email within minutes.
Subscribe & Save
Get lifetime access to our
Technavio Insights
Customized Report as per your Business Needs
- Our analysts will work directly with you and understand your needs
- Get data on specified regions or segments, competitor and Vendors
- Data will be formatted and presented as per your requirements
- We offer $1000 worth of FREE customization at the time of purchase
Let us help you make report more suited to your requirements.
- Get a competitive breakdown as per your niche industry
- Customize the data with various metrics that meet your business prerequisite
- Understand Revenue Sources, Customers and many more
- Details on Market Share
- These customizations are done in a short amount of time by our analysts and industry experts
