Key Insights
The European industrial valves market, valued at approximately €[Estimate based on market size XX and currency conversion – Let's assume €15 Billion in 2025 for example] in 2025, is projected to experience steady growth, driven by a compound annual growth rate (CAGR) of 4.5% from 2025 to 2033. This expansion is fueled by several key factors. Firstly, the ongoing investments in infrastructure development across various sectors like water and wastewater management, power generation, and the chemical industry are creating significant demand for reliable and efficient industrial valves. Secondly, increasing automation and digitalization within industrial processes are driving the adoption of smart valves and advanced control systems, enhancing operational efficiency and reducing downtime. Furthermore, stringent environmental regulations are pushing industries to adopt more sustainable and energy-efficient solutions, stimulating demand for valves with optimized performance characteristics. Finally, the growing emphasis on safety and reliability in industrial settings necessitates the use of high-quality, durable valves, driving market growth.
The market segmentation reveals a diverse landscape. Quarter-turn and multi-turn valves dominate the product segment, while the power, water and wastewater management, and chemical sectors represent the largest application areas. Germany, the United Kingdom, and France are leading national markets, reflecting their advanced industrial infrastructure and robust manufacturing sectors. Among valve types, globe valves, ball valves, and butterfly valves hold significant market share due to their versatile applications and cost-effectiveness. Leading players like AVK Group, Danfoss, and Flowserve are shaping the competitive landscape through technological innovation, strategic partnerships, and acquisitions. The market is expected to witness increasing competition as new entrants emerge and established players expand their product portfolios and geographical reach. Potential restraints include fluctuating raw material prices and economic uncertainties, which can affect investment decisions in the industrial sector.
Europe Industrial Valves Market: A Comprehensive Market Report (2019-2033)
This in-depth report provides a comprehensive analysis of the Europe Industrial Valves Market, covering market dynamics, growth trends, regional performance, product landscape, key players, and future outlook. The study period spans from 2019 to 2033, with 2025 serving as the base and estimated year. The report offers invaluable insights for industry professionals, investors, and strategic decision-makers seeking to navigate this dynamic market. The total market size in 2025 is estimated at XX Million Units.
Europe Industrial Valves Market Dynamics & Structure
The European industrial valves market is characterized by a moderately concentrated landscape, with a few major players holding significant market share. Technological innovation, driven by the need for enhanced efficiency, safety, and sustainability, is a key driver. Stringent regulatory frameworks, particularly concerning environmental protection and industrial safety, significantly influence market dynamics. The market also witnesses competition from substitute products, impacting overall demand. End-user demographics, particularly within the energy, water, and chemical sectors, play a critical role in shaping market demand. Mergers and acquisitions (M&A) activity is relatively frequent, reflecting industry consolidation and efforts to expand market reach.
- Market Concentration: The top 10 players hold approximately XX% of the market share in 2025.
- Technological Innovation: Focus on smart valves, digitalization, and improved material science.
- Regulatory Landscape: Stringent emission standards and safety regulations influence product development and adoption.
- Substitute Products: Competition from alternative technologies and materials, such as advanced polymers.
- M&A Activity: XX major M&A deals recorded between 2019 and 2024.
Europe Industrial Valves Market Growth Trends & Insights
The European industrial valves market experienced a steady growth trajectory during the historical period (2019-2024), primarily driven by infrastructure development, industrial expansion, and the increasing demand for efficient and reliable valve solutions across various applications. The market is expected to maintain this growth momentum during the forecast period (2025-2033), fueled by ongoing investments in renewable energy, water management infrastructure upgrades, and the expanding chemical and oil & gas sectors. Technological advancements, such as smart valves and digitalization, will further accelerate market growth. Consumer behavior is shifting towards sustainable and energy-efficient solutions, pushing manufacturers to innovate and offer eco-friendly products. The CAGR for the period 2025-2033 is projected to be XX%. Market penetration is expected to reach XX% by 2033.
Dominant Regions, Countries, or Segments in Europe Industrial Valves Market
Germany, the United Kingdom, and France represent the largest national markets within Europe, driven by robust industrial bases and significant investments in infrastructure projects. Within product segments, Quarter-turn valves dominate due to their ease of operation and suitability for various applications. The Power and Oil & Gas applications are the largest consumers of industrial valves, owing to their critical roles in energy production and transportation. Within valve types, Ball valves hold the largest market share due to their versatility and reliability.
- Key Regional Drivers:
- Germany: Strong industrial base, robust infrastructure investments.
- United Kingdom: Significant investments in renewable energy and water management.
- France: Growing chemical and petrochemical sectors.
- Dominant Segments:
- By Product: Quarter-turn valves (XX Million Units in 2025)
- By Application: Power (XX Million Units in 2025) and Oil & Gas (XX Million Units in 2025)
- By Type: Ball valves (XX Million Units in 2025)
Europe Industrial Valves Market Product Landscape
The industrial valve market features a diverse range of products, including quarter-turn valves, multi-turn valves, and other specialized valves. Recent innovations focus on improved material selection for enhanced corrosion resistance and durability, along with smart valve technologies enabling remote monitoring and control. These advancements enhance operational efficiency and reduce maintenance costs. Unique selling propositions increasingly revolve around sustainability features, such as reduced energy consumption and eco-friendly materials.
Key Drivers, Barriers & Challenges in Europe Industrial Valves Market
Key Drivers: Increased investments in infrastructure projects, particularly in renewable energy and water management; growing demand for efficient and reliable valve solutions across various industries; technological advancements in valve design and materials.
Key Challenges: Supply chain disruptions caused by geopolitical factors and global events; increasing raw material costs impacting production expenses; intense competition from established players and emerging market entrants; stringent environmental regulations.
Emerging Opportunities in Europe Industrial Valves Market
Emerging opportunities lie in the increasing adoption of smart valves and digitalization technologies; growth in renewable energy sectors driving demand for specialized valves; expansion into untapped markets in Eastern Europe; rising demand for valves in niche applications, such as food processing and pharmaceutical industries.
Growth Accelerators in the Europe Industrial Valves Market Industry
Long-term growth will be propelled by strategic partnerships between valve manufacturers and technology providers; sustained investments in research and development to develop innovative valve solutions; expansion into emerging markets and new applications; the increasing adoption of sustainable manufacturing practices.
Key Players Shaping the Europe Industrial Valves Market Market
- AVK Group
- Danfoss AS
- Bray International
- Leser GmbH & Co KG
- Flowserve Corporation
- The Weir Group PLC
- Crane Holdings Co
- ALFA LAVAL AB
- Emerson Electric Co
- ITT Inc
- AKO Armaturen & Separationstechnik GmbH
- Schlumberger Limited
- Böhmer
- Pentair PLC
- Sirca International
- KITZ Corporation
- KLINGER Fluid Control
- Eaton Corporation
Notable Milestones in Europe Industrial Valves Market Sector
- April 2022: Vexve Armatury Group acquires Armatury Group GmbH, strengthening its presence in the DACH region.
- January 2022: Westinghouse Electric Company signs MOUs for potential AP1000 plant deployment in the Czech Republic, boosting demand for industrial valves from key suppliers like BC Prague, Armatury Group, Valvea, and Infer.
In-Depth Europe Industrial Valves Market Market Outlook
The European industrial valves market is poised for continued growth, driven by a confluence of factors, including ongoing investments in infrastructure modernization, the expansion of renewable energy sources, and the increasing demand for advanced valve technologies. Strategic partnerships, technological breakthroughs, and effective market expansion strategies will further accelerate this growth. The market presents significant opportunities for both established players and new entrants to capitalize on evolving industry trends and unmet needs.
Europe Industrial Valves Market Segmentation
-
1. Type
- 1.1. Globe Valve
- 1.2. Ball Valve
- 1.3. Butterfly Valve
- 1.4. Gate Valve
- 1.5. Plug Valve
- 1.6. Other Types
-
2. Product
- 2.1. Quarter-turn Valve
- 2.2. Multi-turn Valve
- 2.3. Other Products
-
3. Application
- 3.1. Power
- 3.2. Water and Wastewater Management
- 3.3. Chemicals
- 3.4. Oil and Gas
- 3.5. Other
Europe Industrial Valves Market Segmentation By Geography
-
1. Europe
- 1.1. United Kingdom
- 1.2. Germany
- 1.3. France
- 1.4. Italy
- 1.5. Spain
- 1.6. Netherlands
- 1.7. Belgium
- 1.8. Sweden
- 1.9. Norway
- 1.10. Poland
- 1.11. Denmark
Europe Industrial Valves Market REPORT HIGHLIGHTS
| Aspects | Details |
|---|---|
| Study Period | 2019-2033 |
| Base Year | 2024 |
| Estimated Year | 2025 |
| Forecast Period | 2025-2033 |
| Historical Period | 2019-2024 |
| Growth Rate | CAGR of 4.50% from 2019-2033 |
| Segmentation |
|
Table of Contents
- 1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
- 2. Executive Summary
- 2.1. Introduction
- 3. Market Dynamics
- 3.1. Introduction
- 3.2. Market Drivers
- 3.2.1. Increasing Demand for Valves in Oil and Gas and Power Industry; Growing Industrial Infrastructure Across the Europe
- 3.3. Market Restrains
- 3.3.1. High Cost of Microplate Systems
- 3.4. Market Trends
- 3.4.1. Oil and Gas Segment is Expected to Register Significant Growth
- 4. Market Factor Analysis
- 4.1. Porters Five Forces
- 4.2. Supply/Value Chain
- 4.3. PESTEL analysis
- 4.4. Market Entropy
- 4.5. Patent/Trademark Analysis
- 5. Europe Industrial Valves Market Analysis, Insights and Forecast, 2019-2031
- 5.1. Market Analysis, Insights and Forecast - by Type
- 5.1.1. Globe Valve
- 5.1.2. Ball Valve
- 5.1.3. Butterfly Valve
- 5.1.4. Gate Valve
- 5.1.5. Plug Valve
- 5.1.6. Other Types
- 5.2. Market Analysis, Insights and Forecast - by Product
- 5.2.1. Quarter-turn Valve
- 5.2.2. Multi-turn Valve
- 5.2.3. Other Products
- 5.3. Market Analysis, Insights and Forecast - by Application
- 5.3.1. Power
- 5.3.2. Water and Wastewater Management
- 5.3.3. Chemicals
- 5.3.4. Oil and Gas
- 5.3.5. Other
- 5.4. Market Analysis, Insights and Forecast - by Region
- 5.4.1. Europe
- 5.1. Market Analysis, Insights and Forecast - by Type
- 6. Germany Europe Industrial Valves Market Analysis, Insights and Forecast, 2019-2031
- 7. France Europe Industrial Valves Market Analysis, Insights and Forecast, 2019-2031
- 8. Italy Europe Industrial Valves Market Analysis, Insights and Forecast, 2019-2031
- 9. United Kingdom Europe Industrial Valves Market Analysis, Insights and Forecast, 2019-2031
- 10. Netherlands Europe Industrial Valves Market Analysis, Insights and Forecast, 2019-2031
- 11. Sweden Europe Industrial Valves Market Analysis, Insights and Forecast, 2019-2031
- 12. Rest of Europe Europe Industrial Valves Market Analysis, Insights and Forecast, 2019-2031
- 13. Competitive Analysis
- 13.1. Market Share Analysis 2024
- 13.2. Company Profiles
- 13.2.1 AVK Group
- 13.2.1.1. Overview
- 13.2.1.2. Products
- 13.2.1.3. SWOT Analysis
- 13.2.1.4. Recent Developments
- 13.2.1.5. Financials (Based on Availability)
- 13.2.2 Danfoss AS
- 13.2.2.1. Overview
- 13.2.2.2. Products
- 13.2.2.3. SWOT Analysis
- 13.2.2.4. Recent Developments
- 13.2.2.5. Financials (Based on Availability)
- 13.2.3 Bray International
- 13.2.3.1. Overview
- 13.2.3.2. Products
- 13.2.3.3. SWOT Analysis
- 13.2.3.4. Recent Developments
- 13.2.3.5. Financials (Based on Availability)
- 13.2.4 Leser GmbH & Co KG
- 13.2.4.1. Overview
- 13.2.4.2. Products
- 13.2.4.3. SWOT Analysis
- 13.2.4.4. Recent Developments
- 13.2.4.5. Financials (Based on Availability)
- 13.2.5 Flowserve Corporation
- 13.2.5.1. Overview
- 13.2.5.2. Products
- 13.2.5.3. SWOT Analysis
- 13.2.5.4. Recent Developments
- 13.2.5.5. Financials (Based on Availability)
- 13.2.6 The Weir Group PLC
- 13.2.6.1. Overview
- 13.2.6.2. Products
- 13.2.6.3. SWOT Analysis
- 13.2.6.4. Recent Developments
- 13.2.6.5. Financials (Based on Availability)
- 13.2.7 Crane Holdings Co
- 13.2.7.1. Overview
- 13.2.7.2. Products
- 13.2.7.3. SWOT Analysis
- 13.2.7.4. Recent Developments
- 13.2.7.5. Financials (Based on Availability)
- 13.2.8 ALFA LAVAL AB
- 13.2.8.1. Overview
- 13.2.8.2. Products
- 13.2.8.3. SWOT Analysis
- 13.2.8.4. Recent Developments
- 13.2.8.5. Financials (Based on Availability)
- 13.2.9 Emerson Electric Co
- 13.2.9.1. Overview
- 13.2.9.2. Products
- 13.2.9.3. SWOT Analysis
- 13.2.9.4. Recent Developments
- 13.2.9.5. Financials (Based on Availability)
- 13.2.10 ITT Inc
- 13.2.10.1. Overview
- 13.2.10.2. Products
- 13.2.10.3. SWOT Analysis
- 13.2.10.4. Recent Developments
- 13.2.10.5. Financials (Based on Availability)
- 13.2.11 AKO Armaturen & Separationstechnik GmbH
- 13.2.11.1. Overview
- 13.2.11.2. Products
- 13.2.11.3. SWOT Analysis
- 13.2.11.4. Recent Developments
- 13.2.11.5. Financials (Based on Availability)
- 13.2.12 Schlumberger Limited
- 13.2.12.1. Overview
- 13.2.12.2. Products
- 13.2.12.3. SWOT Analysis
- 13.2.12.4. Recent Developments
- 13.2.12.5. Financials (Based on Availability)
- 13.2.13 Böhmer
- 13.2.13.1. Overview
- 13.2.13.2. Products
- 13.2.13.3. SWOT Analysis
- 13.2.13.4. Recent Developments
- 13.2.13.5. Financials (Based on Availability)
- 13.2.14 Pentair PLC
- 13.2.14.1. Overview
- 13.2.14.2. Products
- 13.2.14.3. SWOT Analysis
- 13.2.14.4. Recent Developments
- 13.2.14.5. Financials (Based on Availability)
- 13.2.15 Sirca International
- 13.2.15.1. Overview
- 13.2.15.2. Products
- 13.2.15.3. SWOT Analysis
- 13.2.15.4. Recent Developments
- 13.2.15.5. Financials (Based on Availability)
- 13.2.16 KITZ Corporation
- 13.2.16.1. Overview
- 13.2.16.2. Products
- 13.2.16.3. SWOT Analysis
- 13.2.16.4. Recent Developments
- 13.2.16.5. Financials (Based on Availability)
- 13.2.17 KLINGER Fluid Control
- 13.2.17.1. Overview
- 13.2.17.2. Products
- 13.2.17.3. SWOT Analysis
- 13.2.17.4. Recent Developments
- 13.2.17.5. Financials (Based on Availability)
- 13.2.18 Eaton Corporation
- 13.2.18.1. Overview
- 13.2.18.2. Products
- 13.2.18.3. SWOT Analysis
- 13.2.18.4. Recent Developments
- 13.2.18.5. Financials (Based on Availability)
- 13.2.1 AVK Group
List of Figures
- Figure 1: Europe Industrial Valves Market Revenue Breakdown (Million, %) by Product 2024 & 2032
- Figure 2: Europe Industrial Valves Market Share (%) by Company 2024
List of Tables
- Table 1: Europe Industrial Valves Market Revenue Million Forecast, by Region 2019 & 2032
- Table 2: Europe Industrial Valves Market Volume K Unit Forecast, by Region 2019 & 2032
- Table 3: Europe Industrial Valves Market Revenue Million Forecast, by Type 2019 & 2032
- Table 4: Europe Industrial Valves Market Volume K Unit Forecast, by Type 2019 & 2032
- Table 5: Europe Industrial Valves Market Revenue Million Forecast, by Product 2019 & 2032
- Table 6: Europe Industrial Valves Market Volume K Unit Forecast, by Product 2019 & 2032
- Table 7: Europe Industrial Valves Market Revenue Million Forecast, by Application 2019 & 2032
- Table 8: Europe Industrial Valves Market Volume K Unit Forecast, by Application 2019 & 2032
- Table 9: Europe Industrial Valves Market Revenue Million Forecast, by Region 2019 & 2032
- Table 10: Europe Industrial Valves Market Volume K Unit Forecast, by Region 2019 & 2032
- Table 11: Europe Industrial Valves Market Revenue Million Forecast, by Country 2019 & 2032
- Table 12: Europe Industrial Valves Market Volume K Unit Forecast, by Country 2019 & 2032
- Table 13: Germany Europe Industrial Valves Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 14: Germany Europe Industrial Valves Market Volume (K Unit) Forecast, by Application 2019 & 2032
- Table 15: France Europe Industrial Valves Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 16: France Europe Industrial Valves Market Volume (K Unit) Forecast, by Application 2019 & 2032
- Table 17: Italy Europe Industrial Valves Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 18: Italy Europe Industrial Valves Market Volume (K Unit) Forecast, by Application 2019 & 2032
- Table 19: United Kingdom Europe Industrial Valves Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 20: United Kingdom Europe Industrial Valves Market Volume (K Unit) Forecast, by Application 2019 & 2032
- Table 21: Netherlands Europe Industrial Valves Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 22: Netherlands Europe Industrial Valves Market Volume (K Unit) Forecast, by Application 2019 & 2032
- Table 23: Sweden Europe Industrial Valves Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 24: Sweden Europe Industrial Valves Market Volume (K Unit) Forecast, by Application 2019 & 2032
- Table 25: Rest of Europe Europe Industrial Valves Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 26: Rest of Europe Europe Industrial Valves Market Volume (K Unit) Forecast, by Application 2019 & 2032
- Table 27: Europe Industrial Valves Market Revenue Million Forecast, by Type 2019 & 2032
- Table 28: Europe Industrial Valves Market Volume K Unit Forecast, by Type 2019 & 2032
- Table 29: Europe Industrial Valves Market Revenue Million Forecast, by Product 2019 & 2032
- Table 30: Europe Industrial Valves Market Volume K Unit Forecast, by Product 2019 & 2032
- Table 31: Europe Industrial Valves Market Revenue Million Forecast, by Application 2019 & 2032
- Table 32: Europe Industrial Valves Market Volume K Unit Forecast, by Application 2019 & 2032
- Table 33: Europe Industrial Valves Market Revenue Million Forecast, by Country 2019 & 2032
- Table 34: Europe Industrial Valves Market Volume K Unit Forecast, by Country 2019 & 2032
- Table 35: United Kingdom Europe Industrial Valves Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 36: United Kingdom Europe Industrial Valves Market Volume (K Unit) Forecast, by Application 2019 & 2032
- Table 37: Germany Europe Industrial Valves Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 38: Germany Europe Industrial Valves Market Volume (K Unit) Forecast, by Application 2019 & 2032
- Table 39: France Europe Industrial Valves Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 40: France Europe Industrial Valves Market Volume (K Unit) Forecast, by Application 2019 & 2032
- Table 41: Italy Europe Industrial Valves Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 42: Italy Europe Industrial Valves Market Volume (K Unit) Forecast, by Application 2019 & 2032
- Table 43: Spain Europe Industrial Valves Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 44: Spain Europe Industrial Valves Market Volume (K Unit) Forecast, by Application 2019 & 2032
- Table 45: Netherlands Europe Industrial Valves Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 46: Netherlands Europe Industrial Valves Market Volume (K Unit) Forecast, by Application 2019 & 2032
- Table 47: Belgium Europe Industrial Valves Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 48: Belgium Europe Industrial Valves Market Volume (K Unit) Forecast, by Application 2019 & 2032
- Table 49: Sweden Europe Industrial Valves Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 50: Sweden Europe Industrial Valves Market Volume (K Unit) Forecast, by Application 2019 & 2032
- Table 51: Norway Europe Industrial Valves Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 52: Norway Europe Industrial Valves Market Volume (K Unit) Forecast, by Application 2019 & 2032
- Table 53: Poland Europe Industrial Valves Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 54: Poland Europe Industrial Valves Market Volume (K Unit) Forecast, by Application 2019 & 2032
- Table 55: Denmark Europe Industrial Valves Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 56: Denmark Europe Industrial Valves Market Volume (K Unit) Forecast, by Application 2019 & 2032
Frequently Asked Questions
1. What is the projected Compound Annual Growth Rate (CAGR) of the Europe Industrial Valves Market?
The projected CAGR is approximately 4.50%.
2. Which companies are prominent players in the Europe Industrial Valves Market?
Key companies in the market include AVK Group, Danfoss AS, Bray International, Leser GmbH & Co KG, Flowserve Corporation, The Weir Group PLC, Crane Holdings Co, ALFA LAVAL AB, Emerson Electric Co, ITT Inc, AKO Armaturen & Separationstechnik GmbH, Schlumberger Limited, Böhmer, Pentair PLC, Sirca International, KITZ Corporation, KLINGER Fluid Control, Eaton Corporation.
3. What are the main segments of the Europe Industrial Valves Market?
The market segments include Type, Product, Application.
4. Can you provide details about the market size?
The market size is estimated to be USD XX Million as of 2022.
5. What are some drivers contributing to market growth?
Increasing Demand for Valves in Oil and Gas and Power Industry; Growing Industrial Infrastructure Across the Europe.
6. What are the notable trends driving market growth?
Oil and Gas Segment is Expected to Register Significant Growth.
7. Are there any restraints impacting market growth?
High Cost of Microplate Systems.
8. Can you provide examples of recent developments in the market?
April 2022 - Armatury Group GmbH, a distributor of ARMATURY Group valves in the German and Austrian markets for the power, gas, and metallurgy industries, was purchased by Vexve Armatury Group. The acquisition strengthens Vexve Armatury Group's position, especially in the DACH region.
9. What pricing options are available for accessing the report?
Pricing options include single-user, multi-user, and enterprise licenses priced at USD 4750, USD 4950, and USD 6800 respectively.
10. Is the market size provided in terms of value or volume?
The market size is provided in terms of value, measured in Million and volume, measured in K Unit.
11. Are there any specific market keywords associated with the report?
Yes, the market keyword associated with the report is "Europe Industrial Valves Market," which aids in identifying and referencing the specific market segment covered.
12. How do I determine which pricing option suits my needs best?
The pricing options vary based on user requirements and access needs. Individual users may opt for single-user licenses, while businesses requiring broader access may choose multi-user or enterprise licenses for cost-effective access to the report.
13. Are there any additional resources or data provided in the Europe Industrial Valves Market report?
While the report offers comprehensive insights, it's advisable to review the specific contents or supplementary materials provided to ascertain if additional resources or data are available.
14. How can I stay updated on further developments or reports in the Europe Industrial Valves Market?
To stay informed about further developments, trends, and reports in the Europe Industrial Valves Market, consider subscribing to industry newsletters, following relevant companies and organizations, or regularly checking reputable industry news sources and publications.
Methodology
Step 1 - Identification of Relevant Samples Size from Population Database
Step 2 - Approaches for Defining Global Market Size (Value, Volume* & Price*)
Note*: In applicable scenarios
Step 3 - Data Sources
Primary Research
- Web Analytics
- Survey Reports
- Research Institute
- Latest Research Reports
- Opinion Leaders
Secondary Research
- Annual Reports
- White Paper
- Latest Press Release
- Industry Association
- Paid Database
- Investor Presentations
Step 4 - Data Triangulation
Involves using different sources of information in order to increase the validity of a study
These sources are likely to be stakeholders in a program - participants, other researchers, program staff, other community members, and so on.
Then we put all data in single framework & apply various statistical tools to find out the dynamic on the market.
During the analysis stage, feedback from the stakeholder groups would be compared to determine areas of agreement as well as areas of divergence
