Hydrogen Generation Market by Technology (Steam Methane Reforming, Coal Gasification, Electrolysis, Fossil Fuels, Water, Partial Oil Oxidation, Alkaline, Polymer Electrolyte Membrane, Dissociation of Hydrocarbons, High Temperature and Others), Generation and Delivery Mode (Captive Production, Merchant Production, Liquid Production, By-Product Production and Gaseous Production), Application, Region, Global Industry Analysis, Market Size, Share, Growth, Trends, and Forecast 2020 to 2027

  • Publish Date: Aug, 2020
  • Report ID: 418736
  • Category: Energy & Power
  • Pages: 221
$4700

The global hydrogen generation market is expected to grow from USD 118.94 billion in 2019 to USD 193.90 billion by 2027, at a CAGR of 6.3% during the forecast period 2020-2027.

Hydrogen is the most efficient and versatile zero-emission carrier of the energy found on the planet. It is far more the most abundant substance in the universe. It is also the cleanest source of energy. The hydrogen generation process is environmentally compatible as it only uses water as the raw material. Hydrogen can also be extracted as a by-product. Hydrogen being the renewable element can be expertly manufactured into electricity. Hydrogen can be stored in the liquid form, gaseous form and metal hydrides. Hydrogen possesses a large number of properties such as high efficiency, lightweight and easy transportation, low boiling point, etc. These properties make it ideal for variety of industrial uses. The primary factor for the growth of the market is the growing need for cleaner fuels.

This study delivers a comprehensive analysis of technology, generation and delivery mode, application and regions. The technology segment includes steam methane reforming, coal gasification, electrolysis, fossil fuels, water, partial oil oxidation, alkaline, polymer electrolyte membrane, dissociation of hydrocarbons, high temperature and others. The steam methane reforming is the dominant segment. It is the process through which hydrogen and other gases like carbon monoxide and carbon dioxide are produced. It is technically advance the procedure for hydrogen generation. It uses natural gas for production. The process is performed by many large scale industries. The generation and delivery mode segment includes captive production, merchant production, liquid production, by-product production and gaseous production. The merchant production accounts for major market share. The production includes natural gas process and water electrolysis. The method is more preferred as it reduced the construction of infrastructure and the need for transportation of fuel. The applications segment includes ammonia production, petroleum refinery and recovery, methanol production, power generation, transportation, chemical processing, automotive fuels and others. Among these, methanol production application holds the largest market share as of the base year. Methanol is an essential chemical product as it forms a building block for the extraction of more complex compounds. It helps to reduce CO2 emissions.

The market has been divided into North America, Europe, Asia-Pacific, Middle East & Africa, and South America. Asia-Pacific holds the largest market share. The growing refinery production for coping up with the increased demand in many countries like India, Japan, China, etc. is the major reason for the market growth. 

Some of the notable players of the hydrogen generation market are FuelCell Energy, Ballard Power Systems, Plug Power, Messer Group, Linde, Taiyo Nippon Sanso, Air Liquide, Proton OnSite, Praxair, Hydrogenics, Air Products and Chemicals, HyGear, Iwatani, Showa Denko, Teledyne Energy Systems, Ally Hi-Tech, Xebec, Nuvera Fuel Cells, Erredue, Claind, Caloric and others.

This study forecasts revenue growth at global, regional, and country levels from 2020 to 2027. Fior Markets has segmented the market based on below-mentioned segments:

Global Hydrogen Generation Market Analysis And Forecast, By Technology

  • Steam Methane Reforming
  • Coal Gasification
  • Electrolysis
  • Fossil Fuels
  • Water
  • Partial Oil Oxidation
  • Alkaline
  • Polymer Electrolyte Membrane
  • Dissociation of Hydrocarbons
  • High Temperature
  • Others

Global Hydrogen Generation Market Analysis And Forecast, By Generation and Delivery Mode

  • Captive Production
  • Merchant Production
  • Liquid Production
  • By-Product Production
  • Gaseous Production

Global Hydrogen Generation Market Analysis And Forecast, By Applications

  • Ammonia Production
  • Petroleum Refinery and Recovery
  • Methanol Production
  • Power Generation
  • Transportation
  • Chemical Processing
  • Automotive Fuels
  • Others

Global Hydrogen Generation Market Analysis And Forecast, By Region

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • France
    • Sweden
    • Netherland
    • U.K.
    • Italy
    • Spain
    • Turkey
    • Switzerland
    • Belgium
    • Rest Of Europe
  • Asia-Pacific
    • Japan
    • China
    • India
    • South Korea
    • Australia
    • Singapore
    • Malaysia
    • Thailand
    • Indonesia
    • Philippines
    • Rest Of APAC
  • South America
    • Brazil
    • Argentina
    • Peru
    • Colombia
    • Rest Of South America
  • Middle East And Africa
    • UAE
    • Saudi Arabia
    • Egypt
    • Nigeria
    • South Africa
    • Rest of MEA

Report Description:

  • The base year for the study has been considered 2019, historic year 2017 and 2018, the forecast period considered is from 2020 to 2027.
  • The study delivers a comprehensive analysis of the global market for all segments and region.
  • The report offers in-depth analysis of driving factors, opportunities and restraints for gaining the key insight of the market. The report emphasizes on all the key trends that play a vital role in the enlargement of the market from 2020 to 2027.
  • Porter's Five Forces model is used in order to recognize the competitive scenario in the market. This report incorporates the industry analysis, which is focused on providing an extensive view of the market.
  • The study also includes attractiveness analysis of all segments and regions which are benchmarked based on their market size, growth rate and attractiveness in terms of present and future opportunist for understanding the future growth of the market.
  • The report provides company profile of the key players operating in the market and a comparative analysis based on their business overviews, product offering, segment market share, regional presence, business strategies, innovations, mergers & acquisitions, recent developments, joint venture, collaborations, partnerships, SWOT analysis, and key financial information.

1. Introduction
    1.1. Objectives of the Study
    1.2. Market Definition
    1.3. Research Scope
    1.4. Currency
    1.5. Key Target Audience
2. Research Methodology and Assumptions
3. Executive Summary
4. Premium Insights
    4.1. Porter’s Five Forces Analysis
    4.2. Value Chain Analysis
    4.3. Top Investment Pockets
          4.3.1. Market Attractiveness Analysis By Technology
          4.3.2. Market Attractiveness Analysis By Generation and Delivery Mode
          4.3.3. Market Attractiveness Analysis By Application
          4.3.4. Market Attractiveness Analysis By Region
    4.4. Industry Trends
5. Market Dynamics
    5.1. Market Evaluation
    5.2. Drivers
          5.2.1. Reduces the emissions of greenhouse gases
          5.2.2. Easy availability
    5.3. Restraints
          5.3.1. Separation techniques are costlier
    5.4. Opportunities
          5.4.1. Increasing demand from petroleum refineries
          5.4.2. Emergence of green hydrogen
    5.5. Challenges
          5.5.1. Stringent standards describing the usage
6. Global Hydrogen Generation Market Analysis and Forecast, By Technology
    6.1. Segment Overview
    6.2. Steam Methane Reforming
    6.3. Coal Gasification
    6.4. Electrolysis
    6.5. Fossil Fuels
    6.6. Water
    6.7. Partial Oil Oxidation
    6.8. Alkaline
    6.9. Polymer Electrolyte Membrane
    6.10. Dissociation of Hydrocarbons
    6.11. High Temperature
    6.12. Others
7. Global Hydrogen Generation Market Analysis and Forecast, By Generation and Delivery Mode
    7.1. Segment Overview
    7.2. Captive Production
    7.3. Merchant Production
    7.4. Liquid Production
    7.5. By-Product Production
    7.6. Gaseous Production
8. Global Hydrogen Generation Market Analysis and Forecast, By Application
    8.1. Segment Overview
    8.2. Ammonia Production
    8.3. Petroleum Refinery and Recovery
    8.4. Methanol Production
    8.5. Power Generation
    8.6. Transportation
    8.7. Chemical Processing
    8.8. Automotive Fuels
    8.9. Others
9. Global Hydrogen Generation Market Analysis and Forecast, By Regional Analysis
    9.1. Segment Overview
    9.2. North America
          9.2.1. U.S.
          9.2.2. Canada
          9.2.3. Mexico
    9.3. Europe
          9.3.1. Germany
          9.3.2. France
          9.3.3. U.K.
          9.3.4. Italy
          9.3.5. Spain
    9.4. Asia-Pacific
          9.4.1. Japan
          9.4.2. China
          9.4.3. India
    9.5. South America
          9.5.1. Brazil
    9.6. Middle East and Africa
          9.6.1. UAE
          9.6.2. South Africa
10. Global Hydrogen Generation Market-Competitive Landscape
    10.1. Overview
    10.2. Market Share of Key Players in Global Hydrogen Generation Market
          10.2.1. Global Company Market Share
          10.2.2. North America Company Market Share
          10.2.3. Europe Company Market Share
          10.2.4. APAC Company Market Share
    10.3. Competitive Situations and Trends
          10.3.1. Product Launches and Developments
          10.3.2. Partnerships, Collaborations and Agreements
          10.3.3. Mergers & Acquisitions
          10.3.4. Expansions
11. Company Profiles
    11.1. FuelCell Energy
          11.1.1. Business Overview
          11.1.2. Company Snapshot
          11.1.3. Company Market Share Analysis
          11.1.4. Company Product Portfolio
          11.1.5. Recent Developments
          11.1.6. SWOT Analysis
    11.2. Ballard Power Systems
          11.2.1. Business Overview
          11.2.2. Company Snapshot
          11.2.3. Company Market Share Analysis
          11.2.4. Company Product Portfolio
          11.2.5. Recent Developments
          11.2.6. SWOT Analysis
    11.3. Plug Power
          11.3.1. Business Overview
          11.3.2. Company Snapshot
          11.3.3. Company Market Share Analysis
          11.3.4. Company Product Portfolio
          11.3.5. Recent Developments
          11.3.6. SWOT Analysis
    11.4. Messer Group
          11.4.1. Business Overview
          11.4.2. Company Snapshot
          11.4.3. Company Market Share Analysis
          11.4.4. Company Product Portfolio
          11.4.5. Recent Developments
          11.4.6. SWOT Analysis
    11.5. Linde
          11.5.1. Business Overview
          11.5.2. Company Snapshot
          11.5.3. Company Market Share Analysis
          11.5.4. Company Product Portfolio
          11.5.5. Recent Developments
          11.5.6. SWOT Analysis
    11.6. Taiyo Nippon Sanso
          11.6.1. Business Overview
          11.6.2. Company Snapshot
          11.6.3. Company Market Share Analysis
          11.6.4. Company Product Portfolio
          11.6.5. Recent Developments
          11.6.6. SWOT Analysis
    11.7. Air Liquide
          11.7.1. Business Overview
          11.7.2. Company Snapshot
          11.7.3. Company Market Share Analysis
          11.7.4. Company Product Portfolio
          11.7.5. Recent Developments
          11.7.6. SWOT Analysis
    11.8. Proton OnSite
          11.8.1. Business Overview
          11.8.2. Company Snapshot
          11.8.3. Company Market Share Analysis
          11.8.4. Company Product Portfolio
          11.8.5. Recent Developments
          11.8.6. SWOT Analysis
    11.9. Praxair
          11.9.1. Business Overview
          11.9.2. Company Snapshot
          11.9.3. Company Market Share Analysis
          11.9.4. Company Product Portfolio
          11.9.5. Recent Developments
          11.9.6. SWOT Analysis
    11.10. Hydrogenics
          11.10.1. Business Overview
          11.10.2. Company Snapshot
          11.10.3. Company Market Share Analysis
          11.10.4. Company Product Portfolio
          11.10.5. Recent Developments
          11.10.6. SWOT Analysis
    11.11. Air Products and Chemicals
          11.11.1. Business Overview
          11.11.2. Company Snapshot
          11.11.3. Company Market Share Analysis
          11.11.4. Company Product Portfolio
          11.11.5. Recent Developments
          11.11.6. SWOT Analysis
    11.12. Iwatani
          11.12.1. Business Overview
          11.12.2. Company Snapshot
          11.12.3. Company Market Share Analysis
          11.12.4. Company Product Portfolio
          11.12.5. Recent Developments
          11.12.6. SWOT Analysis
    11.13. Showa Denko
          11.13.1. Business Overview
          11.13.2. Company Snapshot
          11.13.3. Company Market Share Analysis
          11.13.4. Company Product Portfolio
          11.13.5. Recent Developments
          11.13.6. SWOT Analysis
    11.14. Teledyne Energy Systems
          11.14.1. Business Overview
          11.14.2. Company Snapshot
          11.14.3. Company Market Share Analysis
          11.14.4. Company Product Portfolio
          11.14.5. Recent Developments
          11.14.6. SWOT Analysis
    11.15. Ally Hi-Tech
          11.15.1. Business Overview
          11.15.2. Company Snapshot
          11.15.3. Company Market Share Analysis
          11.15.4. Company Product Portfolio
          11.15.5. Recent Developments
          11.15.6. SWOT Analysis

List of Table

1. Global Hydrogen Generation Market, By Technology, 2019-2027 (USD Billion) (Units) 

2. Global Steam Methane Reforming, Hydrogen Generation Market, By Region, 2019-2027 (USD Billion) (Units) 

3. Global Coal Gasification, Hydrogen Generation Market, By Region, 2019-2027 (USD Billion) (Units)  

4. Global Electrolysis, Hydrogen Generation Market, By Region, 2019-2027 (USD Billion) (Units)  

5. Global Fossil Fuels, Hydrogen Generation Market, By Region, 2019-2027 (USD Billion) (Units)  

6. Global Water, Hydrogen Generation Market, By Region, 2019-2027 (USD Billion) (Units)  

7. Global Partial Oil Oxidation, Hydrogen Generation Market, By Region, 2019-2027 (USD Billion) (Units)  

8. Global Alkaline, Hydrogen Generation Market, By Region, 2019-2027 (USD Billion) (Units)  

9. Global Polymer Electrolyte Membrane, Hydrogen Generation Market, By Region, 2019-2027 (USD Billion) (Units)  

10. Global Dissociation of Hydrocarbons, Hydrogen Generation Market, By Region, 2019-2027 (USD Billion) (Units)  

11. Global High Temperature, Hydrogen Generation Market, By Region, 2019-2027 (USD Billion) (Units)  

12. Global Others, Hydrogen Generation Market, By Region, 2019-2027 (USD Billion) (Units)  

13. Global Hydrogen Generation Market, By Generation and Delivery Mode, 2019-2027 (USD Billion) (Units) 

14. Global Captive Production, Hydrogen Generation Market, By Region, 2019-2027 (USD Billion) (Units) 

15. Global Merchant Production, Hydrogen Generation Market, By Region, 2019-2027 (USD Billion) (Units) 

16. Global Liquid Production, Hydrogen Generation Market, By Region, 2019-2027 (USD Billion) (Units) 

17. Global By-Product Production, Hydrogen Generation Market, By Region, 2019-2027 (USD Billion) (Units) 

18. Global Gaseous Production, Hydrogen Generation Market, By Region, 2019-2027 (USD Billion) (Units) 

19. Global Hydrogen Generation Market, By Application, 2019-2027 (USD Billion) (Units)

20. Global Ammonia Production, Hydrogen Generation Market, By Region, 2019-2027 (USD Billion) (Units) 

21. Global Petroleum Refinery and Recovery, Hydrogen Generation Market, By Region, 2019-2027 (USD Billion) (Units) 

22. Global Methanol Production, Hydrogen Generation Market, By Region, 2019-2027 (USD Billion) (Units) 

23. Global Power Generation, Hydrogen Generation Market, By Region, 2019-2027 (USD Billion) (Units) 

24. Global Transportation, Hydrogen Generation Market, By Region, 2019-2027 (USD Billion) (Units) 

25. Global Chemical Processing, Hydrogen Generation Market, By Region, 2019-2027 (USD Billion) (Units) 

26. Global Automotive Fuels, Hydrogen Generation Market, By Region, 2019-2027 (USD Billion) (Units) 

27. Global Others, Hydrogen Generation Market, By Region, 2019-2027 (USD Billion) (Units) 

28. North America Hydrogen Generation Market, By Technology, 2019-2027 (USD Billion) (Units)

29. North America Hydrogen Generation Market, By Generation and Delivery Mode, 2019-2027 (USD Billion) (Units) 

30. North America Hydrogen Generation Market, By Application, 2019-2027 (USD Billion) (Units) 

31. U.S. Hydrogen Generation Market, By Technology, 2019-2027 (USD Billion) (Units) 

32. U.S. Hydrogen Generation Market, By Generation and Delivery Mode, 2019-2027 (USD Billion) (Units) 

33. U.S. Hydrogen Generation Market, By Application, 2019-2027 (USD Billion) (Units) 

34. Canada Hydrogen Generation Market, By Technology, 2019-2027 (USD Billion) (Units) 

35. Canada Hydrogen Generation Market, By Generation and Delivery Mode, 2019-2027 (USD Billion) (Units) 

36. Canada Hydrogen Generation Market, By Application, 2019-2027 (USD Billion) (Units) 

37. Mexico Hydrogen Generation Market, By Technology, 2019-2027 (USD Billion) (Units) 

38. Mexico Hydrogen Generation Market, By Generation and Delivery Mode, 2019-2027 (USD Billion) (Units)

39. Mexico Hydrogen Generation Market, By Application, 2019-2027 (USD Billion) (Units)

40. Europe Hydrogen Generation Market, By Technology, 2019-2027 (USD Billion) (Units) 

41. Europe Hydrogen Generation Market, By Generation and Delivery Mode, 2019-2027 (USD Billion) (Units) 

42. Europe Hydrogen Generation Market, By Application, 2019-2027 (USD Billion) (Units) 

43. Germany Hydrogen Generation Market, By Technology, 2019-2027 (USD Billion) (Units)

44. Germany Hydrogen Generation Market, By Generation and Delivery Mode, 2019-2027 (USD Billion) (Units) 

45. Germany Hydrogen Generation Market, By Application, 2019-2027 (USD Billion) (Units) 

46. France Hydrogen Generation Market, By Technology, 2019-2027 (USD Billion) (Units) 

47. France Hydrogen Generation Market, By Generation and Delivery Mode, 2019-2027 (USD Billion) (Units) 

48. France Hydrogen Generation Market, By Application, 2019-2027 (USD Billion) (Units) 

49. U.K. Hydrogen Generation Market, By Technology, 2019-2027 (USD Billion) (Units) 

50. U.K. Hydrogen Generation Market, By Generation and Delivery Mode, 2019-2027 (USD Billion) (Units) 

51. U.K. Hydrogen Generation Market, By Application, 2019-2027 (USD Billion) (Units) 

52. Italy Hydrogen Generation Market, By Technology, 2019-2027 (USD Billion) (Units) 

53. Italy Hydrogen Generation Market, By Generation and Delivery Mode, 2019-2027 (USD Billion) (Units) 

54. Italy Hydrogen Generation Market, By Application, 2019-2027 (USD Billion) (Units) 

55. Spain Hydrogen Generation Market, By Technology, 2019-2027 (USD Billion) (Units) 

56. Spain Hydrogen Generation Market, By Generation and Delivery Mode, 2019-2027 (USD Billion) (Units)

57. Spain Hydrogen Generation Market, By Application, 2019-2027 (USD Billion) (Units)

58. Asia Pacific Hydrogen Generation Market, By Technology, 2019-2027 (USD Billion) (Units) 

59. Asia Pacific Hydrogen Generation Market, By Generation and Delivery Mode, 2019-2027 (USD Billion) (Units)

60. Asia Pacific Hydrogen Generation Market, By Application, 2019-2027 (USD Billion) (Units)

61. Japan Hydrogen Generation Market, By Technology, 2019-2027 (USD Billion) (Units)

62. Japan Hydrogen Generation Market, By Generation and Delivery Mode, 2019-2027 (USD Billion) (Units)  

63. Japan Hydrogen Generation Market, By Application, 2019-2027 (USD Billion) (Units)

64. China Hydrogen Generation Market, By Technology, 2019-2027 (USD Billion) (Units) 

65. China Hydrogen Generation Market, By Generation and Delivery Mode, 2019-2027 (USD Billion) (Units) 

66. China Hydrogen Generation Market, By Application, 2019-2027 (USD Billion) (Units) 

67. India Hydrogen Generation Market, By Technology, 2019-2027 (USD Billion) (Units) 

68. India Hydrogen Generation Market, By Generation and Delivery Mode, 2019-2027 (USD Billion) (Units) 

69. India Hydrogen Generation Market, By Application, 2019-2027 (USD Billion) (Units) 

70. South America Hydrogen Generation Market, By Technology, 2019-2027 (USD Billion) (Units) 

71. South America Hydrogen Generation Market, By Generation and Delivery Mode, 2019-2027 (USD Billion) (Units) 

72. South America Hydrogen Generation Market, By Application, 2019-2027 (USD Billion) (Units) 

73. Brazil Hydrogen Generation Market, By Technology, 2019-2027 (USD Billion) (Units) 

74. Brazil Hydrogen Generation Market, By Generation and Delivery Mode, 2019-2027 (USD Billion) (Units) 

75. Brazil Hydrogen Generation Market, By Application, 2019-2027 (USD Billion) (Units) 

76. Middle East and Africa Hydrogen Generation Market, By Technology, 2019-2027 (USD Billion) (Units) 

77. Middle East and Africa Hydrogen Generation Market, By Generation and Delivery Mode, 2019-2027 (USD Billion) (Units) 

78. Middle East and Africa Hydrogen Generation Market, By Application, 2019-2027 (USD Billion) (Units) 

79. UAE Hydrogen Generation Market, By Technology, 2019-2027 (USD Billion) (Units) 

80. UAE Hydrogen Generation Market, By Generation and Delivery Mode, 2019-2027 (USD Billion) (Units) 

81. UAE Hydrogen Generation Market, By Application, 2019-2027 (USD Billion) (Units) 

82. South Africa Hydrogen Generation Market, By Technology, 2019-2027 (USD Billion) (Units) 

83. South Africa Hydrogen Generation Market, By Generation and Delivery Mode, 2019-2027 (USD Billion) (Units) 

84. South Africa Hydrogen Generation Market, By Application, 2019-2027 (USD Billion) (Units) 

List of Figures 

1. Global Hydrogen Generation Market Segmentation

2. Global Hydrogen Generation Market: Research Methodology

3. Market Size Estimation Methodology: Bottom-Up Approach

4. Market Size Estimation Methodology: Top-Down Approach

5. Data Triangulation

6. Porter’s Five Forces Analysis 

7. Value Chain Analysis 

8. Global Hydrogen Generation Market Attractiveness Analysis By Technology

9. Global Hydrogen Generation Market Attractiveness Analysis By Generation and Delivery Mode  

10. Global Hydrogen Generation Market Attractiveness Analysis By Application

11. Global Hydrogen Generation Market Attractiveness Analysis By Region

12. Global Hydrogen Generation Market: Dynamics

13. Global Hydrogen Generation Market Share By Technology (2020 & 2027)

14. Global Hydrogen Generation Market Share by Generation and Delivery Mode (2020 & 2027)

15. Global Hydrogen Generation Market Share by Application (2020 & 2027)

16. Global Hydrogen Generation Market Share by Regions (2020 & 2027)

17. Global Hydrogen Generation Market Share by Company (2019)

Research Methodology

Market research is a method of gathering, assessing and deducing data & information about a particular market. Market research is very crucial in these days. The techniques analyze about how a product/service can be offered to the market to its end-customers, observe the impact of that product/service based on the past customer experiences, and cater their needs and demands. Owing to the successful business ventures, accurate, relevant and thorough information is the base for all the organizations because market research report/study offers specific market related data & information about the industry growth prospects, perspective of the existing customers, and the overall market scenario prevailed in past, ongoing present and developing future. It allows the stakeholders and investors to determine the probability of a business before committing substantial resources to the venture. Market research helps in solving the marketing issues challenges that a business will most likely face.

Market research is valuable because of the following reasons:

  • Market research helps businesses strengthen a company’s position
  • Market research helps in minimizing the investment risks associated with the businesses in any industry vertical
  • Market research helps in identifying the potential threats and opportunities associated with the business industry
  • Market research aids in spotting the emerging trends and facilitates strategic planning in order to stay ahead in the competition

Our research report features both the aspects; qualitative and quantitative. Qualitative part provides insights about the market driving forces, potential opportunities, customer’s demands and requirement which in turn help the companies to come up with new strategies in order to survive in the long run competition. The quantitative segment offers the most credible information related to the industry. Based on the data gathering, we use to derive the market size and estimate their future growth prospects on the basis of global, region and country.

Our market research process involves with the four specific stages.

  • Data Collection
  • Data Synthesis
  • Market Deduction & Formulation
  • Data Screening & Validation

Data Collection: This stage of the market research process involves with the gathering and collecting of the market/industry related data from the sources. There are basically two types of research methods:

  • Primary Research: By conducting primary research, it involves with the two types of data gathering; exploratory and specific. Exploratory data is open-ended and helps us to define a particular problem involving surveys, and pilot study to the specific consumer group, knowing their needs and wants catering to the industry related product/service offering. Explanatory data gathering follows with the bit of unstructured way. Our analyst group leads the study by focusing on the key crowd, in this manner picking up bits of knowledge from them. In light of the points of view of the clients, this data is used to plan advertise techniques. In addition, showcase overviews causes us to comprehend the current scenario of the business. Specific data gathering on the hand, involves with the more structured and formal way. The primary research usually includes in telephonic conversations, E-mail collaborations and up close and personal meetings/interviews with the raw material suppliers, industrial wholesalers, and independent consultants/specialists. The interviews that we conduct offers important information on showcase size and industry development patterns. Our company likewise conducts interviews with the different business specialists so as to increase generally bits of knowledge of the business/showcase.
  • Secondary Research: The secondary research incorporates with the data gathering from the non-profit associations and organizations, for example, World bank, WHO, investor relations and their presentations, statistical databases, yearly(annual reports) reports, national government records, factual databases, websites, articles, white papers, press releases, blogs and others. From the annual report, we deduce an organization's income/revenue generation to comprehend the key product segment related to the market. We examine the organization sites and implement product mapping strategy which is significant for determining the segment revenue. In the product mapping technique, we choose and categorize the products offered by the companies catering to the industry specific market, derive the segment revenue for each of the organizations to get the market estimation. We also gather data & Information based on the supply and demand side of the value chain involved with the domain specific market. The supply side denotes the distributors, wholesalers, suppliers and the demand side denotes the end-consumers/customers of the value chain. The supply side of the market is analyzed by examining the product growth across industry in each of the region followed by its pricing analysis. The demand side is analyzed by the evaluating the penetration level and adoption rates of the product by referring to the historical/past data, examine the present usage and forecasting the future trends. 
  • Purchased Database: Our purchased data provides insights about the key market players/companies along with their financial analysis. Additionally, our data base also includes market related information. 
    • We also have the agreements with various reputed data providers, consultants and third party vendors who provide information which are not limited to:
      • Export & Import Data
      • Business Information related to trade and its statistics
      • Penetration level of a particular product/service based on geography mainly focusing on the unmet prerequisites of the customers.
  • In-house Library: Apart from these third-party sources, we have our in-house library of quantitative and qualitative data & information. Our in-house database includes market data for various industry and domains. These data are updated on regular basis as per the changing market scenario. Our library includes, internal audit reports, historic databases, archives and journal publications. Sometimes there are instances where there is no metadata or raw data available for any domain specific market. For those particular cases, we utilize our expertise to forecast and estimate the market size in order to generate comprehensive data sets. Our analyst team adopts a robust research technique in order to deduce the market size and its estimates:
  • Examining demographic along with psychographic segmentation for market evaluation
  • Analyzing the macro and micro-economic indicators for each demography
  • Evaluating the current industry trends popular in the market.

Data Synthesis: This stage includes the evaluation and assessment of all the data acquired from the primary and secondary research. It likewise includes in evaluating the information for any disparity watched while information gathering identified with the market. The data & information is gathered with consideration to the heterogeneity of sources. Scientific and statistical methods are implemented for synthesizing dissimilar information sets and provide the relevant data which is fundamental for formulating strategies. Our organization has broad involvement with information amalgamation where the information goes through different stages:

  • Information Screening: Information screening is the way toward examining information/data gathered from the sources for errors/mistakes and amending it before data integration process. The screening includes in looking at raw information, identifying and distinguishing mistakes and managing missing information. The reason for the information screening is to ensure information is effectively entered or not. Our organization utilizes objective and precise information screening grades through repetitive quality checks.
  • Data Integration: The data integration method involves with the incorporation of numerous information streams. The data streams is important so as to deliver investigate examines that give overall market scenario to the investors. These information streams originate from different research contemplates and our in house database. After the screening of the information, our analysts conduct efficient integration of the data streams, optimizing connections between integrated surveys and syndicated data sources. There are two research approaches that we follow so as to coordinate our information; top down methodology and bottom up methodology. 
    • Top-down analysis generally refers to using broad factors as a basis for decision making. The top-down approach helps in identifying the overall market scenario along with the external and internal factors effecting the market growth.
    • The bottom-up approach takes a completely different approach. Generally, the bottom-up approach focuses its analysis on micro attributes and specific characteristics of the domain specific market.

Market Formulation & Deduction: The last stage includes assigning the data & information in a suitable way in order to derive market size. Analyst reviews and domain based opinions based on holistic approach of market estimation combined with industry investigation additionally features a crucial role in this stage.

This stage includes with the finalization of the market size and numbers that we have gathered from primary and secondary research. With the data & information addition, we ensure that there is no gap in the market information. Market trend analysis is finished by our analysts by utilizing data extrapolation procedures, which give the most ideal figures to the market.

Data Validation: Validation is the most crucial step in the process. Validation & re-validation through scientifically designed technique and process that helps us finalize data-points to be used for final calculations. This stage also involves with the data triangulation process. Data triangulation generally implicates the cross validation and matching the data which has been collected from primary and secondary research methods.

Please fill the form below, to recieve the report sample


+1

Our Clients

Some Facts about Fior Markets

1%

Free Customization

1+

Countries can be added on demand

1

Free yearly update on purchase of Multi/Corporate User License

1+

Companies served till date

Customized Research Programme
Premium Customer Service

We serve our customers 24x7 for 365 days through calls, emails and live chat options.

Syndicated market research
Exceptional Market Report

Huge database of exceptional market reports bringing market intelligence to your fingertips.

Domain Specific Analytics
Secured Payment Options

SSL enabled, we offer you various secured payment options for risk free purchase.