Grain Augers Market by Product, End-user, and Geography - Forecast and Analysis 2023-2027

Published: Dec 2022

Pages: 159

SKU: IRTNTR45055

Snapshot

The Global Grain Augers Market Size is projected to increase by USD 132.64 million from 2022 to 2027. The market is estimated to grow at a CAGR of 5.66% between 2022 and 2027. In 2017 the market size was valued at USD 379.09 million.

The market is expected to experience significant growth, driven by the increasing need for efficient grain out-loading. Farmers and other agricultural organizations often face challenges in off-loading grains quickly, leading them to prefer equipment that can move grains rapidly for storage or transport. The use of grain-handling equipment, such as grain augers, allows end-users to transport and store grains efficiently and quickly. Large grain augers can out-load grains at an increased rate per hour, significantly reducing turnaround time. Additionally, the portability of grain augers allows farmers to move grains easily from bags or field bins on the farm or from the farm storage site to the back paddock as needed. Furthermore, grain augers offer an economical and simple way to get grains into the bin. Governments of various countries have introduced schemes and initiatives aimed at increasing grain production, which is driving the demand for grain-handling products. For example, the Indian government has launched several welfare schemes to support farmers and promote grain production.

This grain augers market research report extensively covers market segmentation by product (movable and stationary), end-user (farm and commercial), and geography (North America, Europe, APAC, South America, and Middle East and Africa). It also includes an in-depth analysis of drivers, trends, and challenges. Furthermore, the report includes historic market data from 2017 to 2021.

Grain Augers Market: Overview

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Key Trend and Challenge

The increasing availability of farm equipment such as grain augers through rental facilities is notably driving the market growth, although factors such as hazards associated with grain augers may impede the market growth. Our researchers analyzed the data with 2022 as the base year and the key drivers, trends, and challenges. A holistic analysis of drivers, trends, and challenges will help stakeholders in the value chain refine their marketing strategies to gain a competitive advantage.

Trends

The increasing availability of farm equipment such as grain augers through rental facilities is one of the key trends in the market. Rental services also help end-users save on the initial investments required to purchase farm equipment. The availability of grain augers on a rental basis allows end-users to gain access to machinery that incorporates the latest technologies.

End-users also do not have to worry about servicing and maintenance. Rental farm equipment is also suitable for end-users who do not need farm equipment on a regular basis. Farm equipment, such as grain augers, is expensive and requires high initial investments. Thus, farmers prefer renting grain augers for a specified time period based on their needs, which allows them to achieve flexibility and adapt to prevailing economic conditions.

Challenge

One of the key challenges to the global grain augers market growth is the hazards associated with grain augers. When grain augers are in operation, grains can flow out of the bin to the unloading auger. This can pose the danger of suffocation for workers due to the accumulation of grain dust, especially when using large grain augers. Respiratory problems, noise, and the risk of fires are some of the major concerns when handling foodgrains.

Grain augers are equipped with sharp corkscrew blades. These blades rotate as they draw the grains. Any contact with these blades can result in cuts and fractures for workers. Electrocution is another hazard associated with the use of grain augers, which can happen when a moving raised grain auger comes in contact with electric wires. Most electrocution-related injuries occur with movable grain augers. Thus, the risk of injury and other hazards associated with grain augers are likely to impede the growth of the grain augers market.

Customer Landscape

The market report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.

Global Grain Augers Market Customer Landscape

Vendor Overview

Vendors are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.

Key Offering - Aggrowth offers grain augers that have mechanical drive hoppe, and are built to handle up to 23,000 BPH.
Key Offering - Astwell offers grain augers with pre-galvanised outer tubes and 16mm OD centre tubes.
Key Offering - Bazookafarmstar offers grain augers with a stabilizer wheel that comes standard on 8 sweeps in 30, 36, 42, and 48 lengths, and on all 10 lengths.

The grain augers market report also includes detailed analyses of the competitive landscape of the market and information about 15 market vendors, including:

Qualitative and quantitative analysis of vendors has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize vendors as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize vendors as dominant, leading, strong, tentative, and weak.

Grain Augers Market Segmentation by End-user

The grain augers market segmentation by end-user consists of farm and commercial. The farm end-use segment is anticipated to be a major shareholder of the global grain augers market. Grain augers powered by hydraulics are gaining popularity among consumers. Farm end-users can transport and store grains quickly and effectively by using grain handling equipment such as grain augers. Small and medium-scale farmers who might not often require farm equipment can opt for renting it. Grain augers are an example of a piece of expensive farm equipment that requires significant upfront costs. As a result, farmers prefer renting grain augers based on their needs for a specific amount of time. This gives them the flexibility they need to respond to changing economic conditions.

Grain Augers Market Segmentation by Product

The grain augers market segmentation by product consists of movable and stationary. The market share growth of the movable segment will be significant during the forecast period. The growing inclination of end-users toward movable grain augers with advanced control features will influence the growth of the market during the forecast period. Some manufacturers offer movable grain augers with various safety mechanisms, which help end-users decrease the chances of accidents in farming organizations. Hence, the availability of movable grain augers with improved safety features will accelerate the growth of the global movable grain augers market during the forecast period.

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The movable segment was valued at USD 260.91 million in 2017 and continued to grow until 2021. Movable grain augers are mechanically driven augers with improved efficiency when compared with stationary grain augers. Movable grain augers help farmers increase the speed of transporting grains. These grain augers feature multiple drive options, including Power Take-Off (PTO) and hydraulic. These factors will positively influence the market during the forecast period.

Key Regions for the Grain Augers Market

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North America is estimated to contribute 31% to the growth of the global market during the forecast period. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.

The grain augers market in North America is expected to witness accelerating growth during the forecast period. Manufacturers of grain augers in the region are focusing on expanding their presence in North America through strategic alliances. It is expected that the manufacturers of grain augers will try to increase the sales of grain augers in remote areas in North America by entering into new trade agreements with distributors during the forecast period. Hence, the anticipation of the growing focus of manufacturers to increase the client base in North America will influence the accelerated growth of the market during the forecast period.

The outbreak of COVID-19 had a negative impact on the agriculture sector, which eventually impacted the regional grain augers market. However, the growing demand for grains from the country can increase the demand for grain-harvesting equipment, such as grain augers, among end-users during the forecast period.

Segment Overview

The report forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2017 to 2027.

Product Outlook (USD Million, 2017 - 2027)
- Movable
- Stationary
End-user Outlook (USD Million, 2017 - 2027)
- Farm
- Commercial
Region Outlook (USD Million, 2017 - 2027)
- North America
  - The U.S.
  - Canada
- Europe
  - The U.K.
  - Germany
  - France
  - Rest of Europe
- APAC
  - China
  - India
- South America
  - Brazil
  - Argentina
- Middle East & Africa
  - Saudi Arabia
  - South Africa
  - Rest of the Middle East & Africa

Grain Augers Market Scope
Report Coverage	Details
Page number	159
Base year	2022
Historic period	2017-2021
Forecast period	2023-2027
Growth momentum & CAGR	Accelerate at a CAGR of 5.66%
Market growth 2023-2027	USD 132.64 million
Market structure	Fragmented
YoY growth 2022-2023(%)	4.4
Regional analysis	North America, Europe, APAC, South America, and Middle East and Africa
Performing market contribution	North America at 31%
Key countries	US, Canada, China, India, and Brazil
Competitive landscape	Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks
Key companies profiled	Ag Growth International Inc., Astwell Augers Ltd., Bazooka-Farmstar Inc., Berkshire Hathaway Inc., Brandt Group of Companies, Buhler Industries Inc., CLAAS KGaA mbH, Distel Grain Systems Inc., Diversified Technologies Inc., Elmers Manufacturing Inc., Grainline, Harberger Pty Ltd., Honeyville Metal Inc., J and M Manufacturing Co. Inc., and Lloyd and Meredith
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, 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.

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What are the Key Data Covered in this Grain Augers Market Research Report?

CAGR of the market during the forecast period
Detailed information on factors that will drive the growth of the grain augers market between 2023 and 2027
Precise estimation of the size of the grain augers market size and its contribution of the market in focus on the parent market
Accurate predictions about upcoming trends and changes in consumer behaviour
Growth of the market industry across North America, Europe, APAC, South America, and Middle East and Africa
Thorough analysis of the market’s competitive landscape and detailed information about vendors
Comprehensive analysis of factors that will challenge the growth of grain augers market vendors

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Table of Contents

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 Product
- Exhibit 06: Executive Summary – Chart on Market Segmentation by End-user
- Exhibit 07: Executive Summary – Chart on Incremental Growth
- Exhibit 08: Executive Summary – Data Table on Incremental Growth
- Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

2.1 Market ecosystem
- Exhibit 10: Parent market
- Exhibit 11: Market Characteristics

3 Market Sizing

3.1 Market definition
- Exhibit 12: Offerings of vendors included in the market definition

3.2 Market segment analysis
- Exhibit 13: Market segments

3.3 Market size 2022

3.4 Market outlook: Forecast for 2022-2027
- Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
- Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
- Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
- Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

4.1 Global grain augers market 2017 - 2021
- Exhibit 18: Historic Market Size – Data Table on Global grain augers market 2017 - 2021 ($ million)

4.2 Product Segment Analysis 2017 - 2021
- Exhibit 19: Historic Market Size – Product Segment 2017 - 2021 ($ million)

4.3 End-user Segment Analysis 2017 - 2021
- Exhibit 20: Historic Market Size – End-user Segment 2017 - 2021 ($ million)

4.4 Geography Segment Analysis 2017 - 2021
- Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ million)

4.5 Country Segment Analysis 2017 - 2021
- Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ million)

5 Five Forces Analysis

5.1 Five forces summary
- Exhibit 23: Five forces analysis - Comparison between 2022 and 2027

5.2 Bargaining power of buyers
- Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027

5.3 Bargaining power of suppliers
- Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027

5.4 Threat of new entrants
- Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027

5.5 Threat of substitutes
- Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027

5.6 Threat of rivalry
- Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027

5.7 Market condition
- Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

6 Market Segmentation by Product

6.1 Market segments
- Exhibit 30: Chart on Product - Market share 2022-2027 (%)
- Exhibit 31: Data Table on Product - Market share 2022-2027 (%)

6.2 Comparison by Product
- Exhibit 32: Chart on Comparison by Product
- Exhibit 33: Data Table on Comparison by Product

6.3 Movable - Market size and forecast 2022-2027
- Exhibit 34: Chart on Movable - Market size and forecast 2022-2027 ($ million)
- Exhibit 35: Data Table on Movable - Market size and forecast 2022-2027 ($ million)
- Exhibit 36: Chart on Movable - Year-over-year growth 2022-2027 (%)
- Exhibit 37: Data Table on Movable - Year-over-year growth 2022-2027 (%)

6.4 Stationary - Market size and forecast 2022-2027
- Exhibit 38: Chart on Stationary - Market size and forecast 2022-2027 ($ million)
- Exhibit 39: Data Table on Stationary - Market size and forecast 2022-2027 ($ million)
- Exhibit 40: Chart on Stationary - Year-over-year growth 2022-2027 (%)
- Exhibit 41: Data Table on Stationary - Year-over-year growth 2022-2027 (%)

6.5 Market opportunity by Product
- Exhibit 42: Market opportunity by Product ($ million)

7 Market Segmentation by End-user

7.1 Market segments
- Exhibit 43: Chart on End-user - Market share 2022-2027 (%)
- Exhibit 44: Data Table on End-user - Market share 2022-2027 (%)

7.2 Comparison by End-user
- Exhibit 45: Chart on Comparison by End-user
- Exhibit 46: Data Table on Comparison by End-user

7.3 Farm - Market size and forecast 2022-2027
- Exhibit 47: Chart on Farm - Market size and forecast 2022-2027 ($ million)
- Exhibit 48: Data Table on Farm - Market size and forecast 2022-2027 ($ million)
- Exhibit 49: Chart on Farm - Year-over-year growth 2022-2027 (%)
- Exhibit 50: Data Table on Farm - Year-over-year growth 2022-2027 (%)

7.4 Commercial - Market size and forecast 2022-2027
- Exhibit 51: Chart on Commercial - Market size and forecast 2022-2027 ($ million)
- Exhibit 52: Data Table on Commercial - Market size and forecast 2022-2027 ($ million)
- Exhibit 53: Chart on Commercial - Year-over-year growth 2022-2027 (%)
- Exhibit 54: Data Table on Commercial - Year-over-year growth 2022-2027 (%)

7.5 Market opportunity by End-user
- Exhibit 55: Market opportunity by End-user ($ million)

8 Customer Landscape

8.1 Customer landscape overview
- Exhibit 56: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

9.1 Geographic segmentation
- Exhibit 57: Chart on Market share by geography 2022-2027 (%)
- Exhibit 58: Data Table on Market share by geography 2022-2027 (%)

9.2 Geographic comparison
- Exhibit 59: Chart on Geographic comparison
- Exhibit 60: Data Table on Geographic comparison

9.3 North America - Market size and forecast 2022-2027
- Exhibit 61: Chart on North America - Market size and forecast 2022-2027 ($ million)
- Exhibit 62: Data Table on North America - Market size and forecast 2022-2027 ($ million)
- Exhibit 63: Chart on North America - Year-over-year growth 2022-2027 (%)
- Exhibit 64: Data Table on North America - Year-over-year growth 2022-2027 (%)

9.4 Europe - Market size and forecast 2022-2027
- Exhibit 65: Chart on Europe - Market size and forecast 2022-2027 ($ million)
- Exhibit 66: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
- Exhibit 67: Chart on Europe - Year-over-year growth 2022-2027 (%)
- Exhibit 68: Data Table on Europe - Year-over-year growth 2022-2027 (%)

9.5 APAC - Market size and forecast 2022-2027
- Exhibit 69: Chart on APAC - Market size and forecast 2022-2027 ($ million)
- Exhibit 70: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
- Exhibit 71: Chart on APAC - Year-over-year growth 2022-2027 (%)
- Exhibit 72: Data Table on APAC - Year-over-year growth 2022-2027 (%)

9.6 South America - Market size and forecast 2022-2027
- Exhibit 73: Chart on South America - Market size and forecast 2022-2027 ($ million)
- Exhibit 74: Data Table on South America - Market size and forecast 2022-2027 ($ million)
- Exhibit 75: Chart on South America - Year-over-year growth 2022-2027 (%)
- Exhibit 76: Data Table on South America - Year-over-year growth 2022-2027 (%)

9.7 Middle East and Africa - Market size and forecast 2022-2027
- Exhibit 77: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
- Exhibit 78: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
- Exhibit 79: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
- Exhibit 80: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)

9.8 US - Market size and forecast 2022-2027
- Exhibit 81: Chart on US - Market size and forecast 2022-2027 ($ million)
- Exhibit 82: Data Table on US - Market size and forecast 2022-2027 ($ million)
- Exhibit 83: Chart on US - Year-over-year growth 2022-2027 (%)
- Exhibit 84: Data Table on US - Year-over-year growth 2022-2027 (%)

9.9 Canada - Market size and forecast 2022-2027
- Exhibit 85: Chart on Canada - Market size and forecast 2022-2027 ($ million)
- Exhibit 86: Data Table on Canada - Market size and forecast 2022-2027 ($ million)
- Exhibit 87: Chart on Canada - Year-over-year growth 2022-2027 (%)
- Exhibit 88: Data Table on Canada - Year-over-year growth 2022-2027 (%)

9.10 Brazil - Market size and forecast 2022-2027
- Exhibit 89: Chart on Brazil - Market size and forecast 2022-2027 ($ million)
- Exhibit 90: Data Table on Brazil - Market size and forecast 2022-2027 ($ million)
- Exhibit 91: Chart on Brazil - Year-over-year growth 2022-2027 (%)
- Exhibit 92: Data Table on Brazil - Year-over-year growth 2022-2027 (%)

9.11 China - Market size and forecast 2022-2027
- Exhibit 93: Chart on China - Market size and forecast 2022-2027 ($ million)
- Exhibit 94: Data Table on China - Market size and forecast 2022-2027 ($ million)
- Exhibit 95: Chart on China - Year-over-year growth 2022-2027 (%)
- Exhibit 96: Data Table on China - Year-over-year growth 2022-2027 (%)

9.12 India - Market size and forecast 2022-2027
- Exhibit 97: Chart on India - Market size and forecast 2022-2027 ($ million)
- Exhibit 98: Data Table on India - Market size and forecast 2022-2027 ($ million)
- Exhibit 99: Chart on India - Year-over-year growth 2022-2027 (%)
- Exhibit 100: Data Table on India - Year-over-year growth 2022-2027 (%)

9.13 Market opportunity by geography
- Exhibit 101: Market opportunity by geography ($ million)

10 Drivers, Challenges, and Trends

10.1 Market drivers

10.2 Market challenges

10.3 Impact of drivers and challenges
- Exhibit 102: Impact of drivers and challenges in 2022 and 2027

10.4 Market trends

11 Vendor Landscape

11.1 Overview

11.2 Vendor landscape
- Exhibit 103: Overview on Criticality of inputs and Factors of differentiation

11.3 Landscape disruption
- Exhibit 104: Overview on factors of disruption

11.4 Industry risks
- Exhibit 105: Impact of key risks on business

12 Vendor Analysis

12.1 Vendors covered
- Exhibit 106: Vendors covered

12.2 Market positioning of vendors
- Exhibit 107: Matrix on vendor position and classification

12.3 Ag Growth International Inc.
- Exhibit 108: Ag Growth International Inc. - Overview
- Exhibit 109: Ag Growth International Inc. - Business segments
- Exhibit 110: Ag Growth International Inc. - Key offerings
- Exhibit 111: Ag Growth International Inc. - Segment focus

12.4 Astwell Augers Ltd.
- Exhibit 112: Astwell Augers Ltd. - Overview
- Exhibit 113: Astwell Augers Ltd. - Product / Service
- Exhibit 114: Astwell Augers Ltd. - Key offerings

12.5 Bazooka-Farmstar Inc.
- Exhibit 115: Bazooka-Farmstar Inc. - Overview
- Exhibit 116: Bazooka-Farmstar Inc. - Product / Service
- Exhibit 117: Bazooka-Farmstar Inc. - Key offerings

12.6 Brandt Group of Companies
- Exhibit 118: Brandt Group of Companies - Overview
- Exhibit 119: Brandt Group of Companies - Product / Service
- Exhibit 120: Brandt Group of Companies - Key news
- Exhibit 121: Brandt Group of Companies - Key offerings

12.7 Buhler Industries Inc.
- Exhibit 122: Buhler Industries Inc. - Overview
- Exhibit 123: Buhler Industries Inc. - Business segments
- Exhibit 124: Buhler Industries Inc. - Key news
- Exhibit 125: Buhler Industries Inc. - Key offerings
- Exhibit 126: Buhler Industries Inc. - Segment focus

12.8 CLAAS KGaA mbH
- Exhibit 127: CLAAS KGaA mbH - Overview
- Exhibit 128: CLAAS KGaA mbH - Product / Service
- Exhibit 129: CLAAS KGaA mbH - Key news
- Exhibit 130: CLAAS KGaA mbH - Key offerings

12.9 Distel Grain Systems Inc.
- Exhibit 131: Distel Grain Systems Inc. - Overview
- Exhibit 132: Distel Grain Systems Inc. - Product / Service
- Exhibit 133: Distel Grain Systems Inc. - Key offerings

12.10 Diversified Technologies Inc.
- Exhibit 134: Diversified Technologies Inc. - Overview
- Exhibit 135: Diversified Technologies Inc. - Product / Service
- Exhibit 136: Diversified Technologies Inc. - Key offerings

12.11 Elmers Manufacturing Inc.
- Exhibit 137: Elmers Manufacturing Inc. - Overview
- Exhibit 138: Elmers Manufacturing Inc. - Product / Service
- Exhibit 139: Elmers Manufacturing Inc. - Key offerings

12.12 Grainline
- Exhibit 140: Grainline - Overview
- Exhibit 141: Grainline - Product / Service
- Exhibit 142: Grainline - Key offerings

12.13 Harberger Pty Ltd.
- Exhibit 143: Harberger Pty Ltd. - Overview
- Exhibit 144: Harberger Pty Ltd. - Product / Service
- Exhibit 145: Harberger Pty Ltd. - Key offerings

12.14 Honeyville Metal Inc.
- Exhibit 146: Honeyville Metal Inc. - Overview
- Exhibit 147: Honeyville Metal Inc. - Product / Service
- Exhibit 148: Honeyville Metal Inc. - Key offerings

12.15 J and M Manufacturing Co. Inc.
- Exhibit 149: J and M Manufacturing Co. Inc. - Overview
- Exhibit 150: J and M Manufacturing Co. Inc. - Product / Service
- Exhibit 151: J and M Manufacturing Co. Inc. - Key offerings

12.16 Lloyd and Meredith
- Exhibit 152: Lloyd and Meredith - Overview
- Exhibit 153: Lloyd and Meredith - Product / Service
- Exhibit 154: Lloyd and Meredith - Key offerings

12.17 Rodono Industries Ltd.
- Exhibit 155: Rodono Industries Ltd. - Overview
- Exhibit 156: Rodono Industries Ltd. - Product / Service
- Exhibit 157: Rodono Industries Ltd. - Key offerings

13 Appendix

13.1 Scope of the report

13.2 Inclusions and exclusions checklist
- Exhibit 158: Inclusions checklist
- Exhibit 159: Exclusions checklist

13.3 Currency conversion rates for US$
- Exhibit 160: Currency conversion rates for US$

13.4 Research methodology
- Exhibit 161: Research methodology
- Exhibit 162: Validation techniques employed for market sizing
- Exhibit 163: Information sources

13.5 List of abbreviations
- Exhibit 164: List of abbreviations

Methodology

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

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Key Questions Answered

What are the key global market and the regional market share?
What are the revenue-generating key market segments?
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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?

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