Methodology
We implement a mix of primary and secondary research for our market estimate and forecast. Secondary research forms the initial phase of our study, where we conduct extensive data mining, referring to verified data sources such as independent studies, government and regulatory published material, technical journals, trade magazines paid data sources such as ICIS and so on. This forms the basis of our estimates. For forecasting, the following parameters are considered:
We assign weights to these parameters and quantify their market impact using weighted average analysis, to derive an expected market growth rate. Further, we use correlation, regression, and time-series analysis to evaluate key industry dynamics. All our estimates and forecast are verified through exhaustive primary research with Key Industry Participants (KIPs) which typically include:
These exhaustive primary interviews help our analysts in validating market and segment estimates and forecasts. Additionally, we also gain significant industry insights, key developments, and expectations. Grand View Research only utilizes validated and authenticated secondary data sources. Some of the secondary sources used for this report include but are not limited to:
Data Collection Matrix
Perspective |
Primary research |
Secondary research |
Supply-side |
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Demand-side |
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Industry Analysis Matrix
Qualitative analysis |
Quantitative analysis |
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