Europe Programmable Logic Controllers (PLC) Market 2022-2032 by Component (Hardware, Software, Services), Product Type (Nano, Micro/Small, Medium, Large, Others), Architecture (Compact, Modular), Form (Rack Mounted, Single-Box), Power Supply (230 VAC, 24 VDC), Application, Industry Vertical, and Country: Trend Forecast and Growth Opportunity
Europe Programmable Logic Controllers (PLC) Market 2022-2032 by Component (Hardware, Software, Services), Product Type (Nano, Micro/Small, Medium, Large, Others), Architecture (Compact, Modular), Form (Rack Mounted, Single-Box), Power Supply (230 VAC, 24 VDC), Application, Industry Vertical, and Country: Trend Forecast and Growth Opportunity
Europe programmable logic controllers (PLC) market was valued at $3.38 billion in 2022 and will grow by 4.9% annually over 2022-2032, driven by the rising adoption of automation systems, improved operations in terms of productivity and safety, an increasing demand of PLC in a magnitude of industries, and the growing availability and affordability of more advanced PLC workflow solutions.
Highlighted with 40 tables and 80 figures, this 149-page report “Europe Programmable Logic Controllers (PLC) Market 2022-2032 by Component (Hardware, Software, Services), Product Type (Nano, Micro/Small, Medium, Large, Others), Architecture (Compact, Modular), Form (Rack Mounted, Single-Box), Power Supply (230 VAC, 24 VDC), Application, Industry Vertical, and Country: Trend Forecast and Growth Opportunity” is based on a comprehensive research of the entire Europe programmable logic controllers (PLC) market and all its sub-segments through extensively detailed classifications. Profound analysis and assessment are generated from premium primary and secondary information sources with inputs derived from industry professionals across the value chain. The report is based on studies on 2020-2022 and provides forecast from 2023 till 2032 with 2022 as the base year. (Please note: The report will be updated before delivery so that the latest historical year is the base year, and the forecast covers at least 5 years over the base year.)
In-depth qualitative analyses include identification and investigation of the following aspects:
• Market Structure
• Growth Drivers
• Restraints and Challenges
• Emerging Product Trends & Market Opportunities
• Porter’s Fiver Forces
The trend and outlook of Europe market is forecast in optimistic, balanced, and conservative view by taking into account of COVID-19 and Russia-Ukraine conflict. The balanced (most likely) projection is used to quantify Europe programmable logic controllers (PLC) market in every aspect of the classification from perspectives of Component, Product Type, Architecture, Form, Power Supply, Application, Industry Vertical, and Country.
Based on Component, the Europe market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2032 included in each section.
• Hardware
o Processor
o Power Supply
o Input/Output
o Other Hardware
• Software
• Services
o Training
o Maintenance
o Consulting
Based on Product Type, the Europe market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2032 included in each section.
• Nano PLC
o Fixed Nano PLC
o Modular Nano PLC
• Micro/Small PLC
• Medium PLC
• Large PLC
• Other Product Types
By Architecture, the Europe market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2032 included in each section.
• Compact PLC
• Modular PLC
By Form, the Europe market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2032 included in each section.
• Rack Mounted Type
• Single-Box Type
By Power Supply, the Europe market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2032 included in each section.
• PLC with SMPS (230 VAC)
• PLC without SMPS (24 VDC)
By Application, the Europe market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2032 included in each section.
• Packaging & Labeling
• Material Handling
• Escalator & Elevator
• Process Control
• Industrial Equipment Control System
• Safety Monitoring & Control
• Energy Management
• Home & Building Automation
• Other Applications
By Industry Vertical, the Europe market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2032 included in each section.
• Automotive Industry
• Chemicals Industry
• Food & Beverage Industry
• Oil & Gas Industry
• Energy & Power Industry
• Pulp & Paper Industry
• Pharmaceutical Industry
• Water and Wastewater Industry
• Other Industry Verticals
Geographically, the following national/local markets are fully investigated:
• Germany
• UK
• France
• Spain
• Italy
• Russia
• Rest of Europe (further segmented into Netherlands, Switzerland, Poland, Sweden, Belgium, Austria, Ireland, Norway, Denmark, and Finland)
For each key country, detailed analysis and data for annual revenue ($ mn) are available for 2022-2032. The breakdown of national markets by Component, Product Type, and Industry Vertical over the forecast years are also included.
The report also covers the current competitive scenario and the predicted trend; and profiles key vendors including market leaders and important emerging players.
Selected Key Players:
ABB Ltd.
B&R Industrial Automation GmbH
Eaton Corporation PLC
Emerson Electric Company
Fuji Electric Co., Ltd.
General Electric Co.
Hitachi Ltd.
Honeywell International Inc.
IDEC Corporation
Infineon Technologies AG
Mitsubishi Electric Corporation
Omron Corporation
Panasonic Corporation
Robert Bosch GmbH
Rockwell Automation Inc.
Schneider Electric SE
Siemens AG
Toshiba International Corporation
Yokogawa Electric Corporation
(Please note: The report will be updated before delivery so that the latest historical year is the base year, and the forecast covers at least 5 years over the base year.)
1 Introduction 9
1.1 Industry Definition and Research Scope 9
1.1.1 Industry Definition 9
1.1.2 Research Scope 12
1.2 Research Methodology 15
1.2.1 Overview of Market Research Methodology 15
1.2.2 Market Assumption 16
1.2.3 Secondary Data 16
1.2.4 Primary Data 16
1.2.5 Data Filtration and Model Design 17
1.2.6 Market Size/Share Estimation 18
1.2.7 Research Limitations 19
1.3 Executive Summary 20
2 Market Overview and Dynamics 23
2.1 Market Size and Forecast 23
2.1.1 Impact of COVID-19 on World Economy 24
2.1.2 Impact of COVID-19 on the Market 27
2.1.3 Impact of Russia-Ukraine Conflict: War Slows Economic Recovery 29
2.2 Major Growth Drivers 33
2.3 Market Restraints and Challenges 38
2.4 Emerging Opportunities and Market Trends 41
2.5 Porter’s Fiver Forces Analysis 45
3 Segmentation of Europe Market by Component 49
3.1 Market Overview by Component 49
3.2 Hardware 51
3.2.1 Processor 53
3.2.2 Power Supply 54
3.2.3 Input/Output 55
3.2.4 Other Hardware 56
3.3 Software 57
3.4 Services 58
3.4.1 Training 59
3.4.2 Maintenance 60
3.4.3 Consulting 61
4 Segmentation of Europe Market by Product Type 62
4.1 Market Overview by Product Type 62
4.2 Nano PLC 64
4.2.1 Fixed Nano PLC 65
4.2.2 Modular Nano PLC 66
4.3 Micro/Small PLC 67
4.4 Medium PLC 69
4.5 Large PLC 71
4.6 Other Product Types 72
5 Segmentation of Europe Market by Architecture 73
5.1 Market Overview by Architecture 73
5.2 Compact PLC 75
5.3 Modular PLC 76
6 Segmentation of Europe Market by Form 77
6.1 Market Overview by Form 77
6.2 Rack Mounted Type 79
6.3 Single-Box Type 80
7 Segmentation of Europe Market by Power Supply 81
7.1 Market Overview by Power Supply 81
7.2 PLC with SMPS (230 VAC) 83
7.3 PLC without SMPS (24 VDC) 84
8 Segmentation of Europe Market by Application 85
8.1 Market Overview by Application 85
8.2 Packaging & Labeling 87
8.3 Material Handling 88
8.4 Escalator & Elevator 89
8.5 Process Control 90
8.6 Industrial Equipment Control System 91
8.7 Safety Monitoring & Control 92
8.8 Energy Management 93
8.9 Home & Building Automation 94
8.10 Other Applications 95
9 Segmentation of Europe Market by Industry Vertical 96
9.1 Market Overview by Industry Vertical 96
9.2 Automotive Industry 98
9.3 Chemicals Industry 99
9.4 Food & Beverage Industry 100
9.5 Oil & Gas Industry 101
9.6 Energy & Power Industry 102
9.7 Pulp & Paper Industry 103
9.8 Pharmaceutical Industry 104
9.9 Water and Wastewater Industry 105
9.10 Other Industry Verticals 106
10 European Market 2022-2032 by Country 107
10.1 Overview of European Market 107
10.2 Germany 110
10.3 U.K. 112
10.4 France 114
10.5 Spain 116
10.6 Italy 118
10.7 Russia 120
10.8 Rest of European Market 122
11 Competitive Landscape 124
11.1 Overview of Key Vendors 124
11.2 New Product Launch, Partnership, Investment, and M&A 128
11.3 Company Profiles 129
ABB Ltd. 129
B&R Industrial Automation GmbH 131
Eaton Corporation PLC 132
Emerson Electric Company 133
Fuji Electric Co., Ltd. 134
General Electric Co. 135
Hitachi Ltd. 136
Honeywell International Inc. 137
IDEC Corporation 138
Infineon Technologies AG 139
Mitsubishi Electric Corporation 140
Omron Corporation 141
Panasonic Corporation 142
Robert Bosch GmbH 143
Rockwell Automation Inc. 144
Schneider Electric SE 145
Siemens AG 146
Toshiba International Corporation 147
Yokogawa Electric Corporation 148
RELATED REPORTS 149
List of Tables:
Table 1. Snapshot of Europe Programmable Logic Controllers Market in Balanced Perspective, 2022-2032 21
Table 2. World Economic Outlook, 2021-2031 25
Table 3. World Economic Outlook, 2021-2023 26
Table 4. Scenarios for Economic Impact of Ukraine Crisis 30
Table 5. Main Product Trends and Market Opportunities in Europe Programmable Logic Controllers Market 41
Table 6. Europe Programmable Logic Controllers Market by Component, 2022-2032, $ mn 49
Table 7. Europe Programmable Logic Controllers Market: Hardware by Type, 2022-2032, $ mn 52
Table 8. Europe Programmable Logic Controllers Market: Services by Type, 2022-2032, $ mn 58
Table 9. Categories and Definition of PLCs by Product Type 62
Table 10. Europe Programmable Logic Controllers Market by Product Type, 2022-2032, $ mn 62
Table 11. Europe Programmable Logic Controllers Market: Nano PLC by Type, 2022-2032, $ mn 64
Table 12. Europe Programmable Logic Controllers Market by Architecture, 2022-2032, $ mn 73
Table 13. Europe Programmable Logic Controllers Market by Form, 2022-2032, $ mn 77
Table 14. Europe Programmable Logic Controllers Market by Power Supply, 2022-2032, $ mn 81
Table 15. Europe Programmable Logic Controllers Market by Application, 2022-2032, $ mn 85
Table 16. Europe Programmable Logic Controllers Market by Industry Vertical, 2022-2032, $ mn 96
Table 17. Europe Programmable Logic Controllers Market by Country, 2022-2032, $ mn 109
Table 18. Germany Programmable Logic Controllers Market by Component, 2022-2032, $ mn 111
Table 19. Germany Programmable Logic Controllers Market by Product Type, 2022-2032, $ mn 111
Table 20. Germany Programmable Logic Controllers Market by Industry Vertical, 2022-2032, $ mn 111
Table 21. U.K. Programmable Logic Controllers Market by Component, 2022-2032, $ mn 113
Table 22. U.K. Programmable Logic Controllers Market by Product Type, 2022-2032, $ mn 113
Table 23. U.K. Programmable Logic Controllers Market by Industry Vertical, 2022-2032, $ mn 113
Table 24. France Programmable Logic Controllers Market by Component, 2022-2032, $ mn 115
Table 25. France Programmable Logic Controllers Market by Product Type, 2022-2032, $ mn 115
Table 26. France Programmable Logic Controllers Market by Industry Vertical, 2022-2032, $ mn 115
Table 27. Spain Programmable Logic Controllers Market by Component, 2022-2032, $ mn 117
Table 28. Spain Programmable Logic Controllers Market by Product Type, 2022-2032, $ mn 117
Table 29. Spain Programmable Logic Controllers Market by Industry Vertical, 2022-2032, $ mn 117
Table 30. Italy Programmable Logic Controllers Market by Component, 2022-2032, $ mn 119
Table 31. Italy Programmable Logic Controllers Market by Product Type, 2022-2032, $ mn 119
Table 32. Italy Programmable Logic Controllers Market by Industry Vertical, 2022-2032, $ mn 119
Table 33. Russia Programmable Logic Controllers Market by Component, 2022-2032, $ mn 121
Table 34. Russia Programmable Logic Controllers Market by Product Type, 2022-2032, $ mn 121
Table 35. Russia Programmable Logic Controllers Market by Industry Vertical, 2022-2032, $ mn 121
Table 36. Programmable Logic Controllers Market in Rest of Europe by Country, 2022-2032, $ mn 123
Table 37. Main Vendors and Product Offerings 126
Table 38. ABB Ltd.: Company Snapshot 129
Table 39. ABB Ltd.: Business Segmentation 130
Table 40. ABB Ltd.: Product Portfolio 130List of Figures:
Figure 1. Structure of Typical Programmable Logic Controllers 10
Figure 2. Research Method Flow Chart 15
Figure 3. Bottom-up Approach and Top-down Approach for Market Estimation 18
Figure 4. Europe Market Forecast in Optimistic, Conservative and Balanced Perspectives, 2022-2032 20
Figure 5. Europe Programmable Logic Controllers Market, 2022-2032, $ mn 23
Figure 6. Impact of COVID-19 on Business 27
Figure 7. Primary Drivers and Impact Factors of Europe Programmable Logic Controllers Market 33
Figure 8. World Industrial Robotics Market by Shipment, 2022-2032, thousand units 36
Figure 9. World Vehicle Production by Car Type, 2019-2030, million units 37
Figure 10. World Crude Oil Production, 2000-2021, million tons 37
Figure 11. Primary Restraints and Impact Factors of Europe Programmable Logic Controllers Market 38
Figure 12. Investment Opportunity Analysis 42
Figure 13. Porter’s Fiver Forces Analysis of Europe Programmable Logic Controllers Market 45
Figure 14. Breakdown of Europe Programmable Logic Controllers Market by Component, 2022-2032, % of Revenue 50
Figure 15. Europe Addressable Market Cap in 2023-2032 by Component, Value ($ mn) and Share (%) 50
Figure 16. Europe Programmable Logic Controllers Market by Component: Hardware, 2022-2032, $ mn 51
Figure 17. Europe Programmable Logic Controllers Market by Hardware: Processor, 2022-2032, $ mn 53
Figure 18. Europe Programmable Logic Controllers Market by Hardware: Power Supply, 2022-2032, $ mn 54
Figure 19. Europe Programmable Logic Controllers Market by Hardware: Input/Output, 2022-2032, $ mn 55
Figure 20. Europe Programmable Logic Controllers Market by Hardware: Other Hardware, 2022-2032, $ mn 56
Figure 21. Europe Programmable Logic Controllers Market by Component: Software, 2022-2032, $ mn 57
Figure 22. Europe Programmable Logic Controllers Market by Component: Services, 2022-2032, $ mn 58
Figure 23. Europe Programmable Logic Controllers Market by Services: Training, 2022-2032, $ mn 59
Figure 24. Europe Programmable Logic Controllers Market by Services: Maintenance, 2022-2032, $ mn 60
Figure 25. Europe Programmable Logic Controllers Market by Services: Consulting, 2022-2032, $ mn 61
Figure 26. Breakdown of Europe Programmable Logic Controllers Market by Product Type, 2022-2032, % of Sales Revenue 63
Figure 27. Europe Addressable Market Cap in 2023-2032 by Product Type, Value ($ mn) and Share (%) 63
Figure 28. Europe Programmable Logic Controllers Market by Product Type: Nano PLC, 2022-2032, $ mn 64
Figure 29. Europe Programmable Logic Controllers Market by Nano PLC: Fixed Nano PLC, 2022-2032, $ mn 65
Figure 30. Europe Programmable Logic Controllers Market by Nano PLC: Modular Nano PLC, 2022-2032, $ mn 66
Figure 31. Picture of Typical Small PLC Systems 67
Figure 32. Europe Programmable Logic Controllers Market by Product Type: Micro/Small PLC, 2022-2032, $ mn 68
Figure 33. Picture of Typical Medium PLC Systems 69
Figure 34. Europe Programmable Logic Controllers Market by Product Type: Medium PLC, 2022-2032, $ mn 70
Figure 35. Europe Programmable Logic Controllers Market by Product Type: Large PLC, 2022-2032, $ mn 71
Figure 36. Europe Programmable Logic Controllers Market by Product Type: Other Product Types, 2022-2032, $ mn 72
Figure 37. Breakdown of Europe Programmable Logic Controllers Market by Architecture, 2022-2032, % of Sales Revenue 74
Figure 38. Europe Addressable Market Cap in 2023-2032 by Architecture, Value ($ mn) and Share (%) 74
Figure 39. Europe Programmable Logic Controllers Market by Architecture: Compact PLC, 2022-2032, $ mn 75
Figure 40. Europe Programmable Logic Controllers Market by Architecture: Modular PLC, 2022-2032, $ mn 76
Figure 41. Breakdown of Europe Programmable Logic Controllers Market by Form, 2022-2032, % of Revenue 78
Figure 42. Europe Addressable Market Cap in 2023-2032 by Form, Value ($ mn) and Share (%) 78
Figure 43. Europe Programmable Logic Controllers Market by Form: Rack Mounted Type, 2022-2032, $ mn 79
Figure 44. Europe Programmable Logic Controllers Market by Form: Single-Box Type, 2022-2032, $ mn 80
Figure 45. Breakdown of Europe Programmable Logic Controllers Market by Power Supply, 2022-2032, % of Revenue 82
Figure 46. Europe Addressable Market Cap in 2023-2032 by Power Supply, Value ($ mn) and Share (%) 82
Figure 47. Europe Programmable Logic Controllers Market by Power Supply: PLC with SMPS (230 VAC), 2022-2032, $ mn 83
Figure 48. Europe Programmable Logic Controllers Market by Power Supply: PLC without SMPS (24 VDC), 2022-2032, $ mn 84
Figure 49. Breakdown of Europe Programmable Logic Controllers Market by Application, 2022-2032, % of Revenue 86
Figure 50. Europe Addressable Market Cap in 2023-2032 by Application, Value ($ mn) and Share (%) 86
Figure 51. Europe Programmable Logic Controllers Market by Application: Packaging & Labeling, 2022-2032, $ mn 87
Figure 52. Europe Programmable Logic Controllers Market by Application: Material Handling, 2022-2032, $ mn 88
Figure 53. Europe Programmable Logic Controllers Market by Application: Escalator & Elevator, 2022-2032, $ mn 89
Figure 54. Europe Programmable Logic Controllers Market by Application: Process Control, 2022-2032, $ mn 90
Figure 55. Europe Programmable Logic Controllers Market by Application: Industrial Equipment Control System, 2022-2032, $ mn 91
Figure 56. Europe Programmable Logic Controllers Market by Application: Safety Monitoring & Control, 2022-2032, $ mn 92
Figure 57. Europe Programmable Logic Controllers Market by Application: Energy Management, 2022-2032, $ mn 93
Figure 58. Europe Programmable Logic Controllers Market by Application: Home & Building Automation, 2022-2032, $ mn 94
Figure 59. Europe Programmable Logic Controllers Market by Application: Other Applications, 2022-2032, $ mn 95
Figure 60. Breakdown of Europe Programmable Logic Controllers Market by Industry Vertical, 2022-2032, % of Revenue 97
Figure 61. Europe Addressable Market Cap in 2023-2032 by Industry Vertical, Value ($ mn) and Share (%) 97
Figure 62. Europe Programmable Logic Controllers Market by Industry Vertical: Automotive Industry, 2022-2032, $ mn 98
Figure 63. Europe Programmable Logic Controllers Market by Industry Vertical: Chemicals Industry, 2022-2032, $ mn 99
Figure 64. Europe Programmable Logic Controllers Market by Industry Vertical: Food & Beverage Industry, 2022-2032, $ mn 100
Figure 65. Europe Programmable Logic Controllers Market by Industry Vertical: Oil & Gas Industry, 2022-2032, $ mn 101
Figure 66. Europe Programmable Logic Controllers Market by Industry Vertical: Energy & Power Industry, 2022-2032, $ mn 102
Figure 67. Europe Programmable Logic Controllers Market by Industry Vertical: Pulp & Paper Industry, 2022-2032, $ mn 103
Figure 68. Europe Programmable Logic Controllers Market by Industry Vertical: Pharmaceutical Industry, 2022-2032, $ mn 104
Figure 69. Europe Programmable Logic Controllers Market by Industry Vertical: Water and Wastewater Industry, 2022-2032, $ mn 105
Figure 70. Europe Programmable Logic Controllers Market by Industry Vertical: Other Industry Verticals, 2022-2032, $ mn 106
Figure 71. Breakdown of European Programmable Logic Controllers Market by Country, 2022 and 2032, % of Revenue 108
Figure 72. Contribution to Europe 2023-2032 Cumulative Market by Country, Value ($ mn) and Share (%) 109
Figure 73. Programmable Logic Controllers Market in Germany, 2022-2032, $ mn 110
Figure 74. Programmable Logic Controllers Market in U.K., 2022-2032, $ mn 112
Figure 75. Programmable Logic Controllers Market in France, 2022-2032, $ mn 114
Figure 76. Programmable Logic Controllers Market in Spain, 2022-2032, $ mn 116
Figure 77. Programmable Logic Controllers Market in Italy, 2022-2032, $ mn 118
Figure 78. Programmable Logic Controllers Market in Russia, 2022-2032, $ mn 120
Figure 79. Programmable Logic Controllers Market in Rest of Europe, 2022-2032, $ mn 122
Figure 80. Growth Stage of Europe Programmable Logic Controllers Industry over the Forecast Period 124
Methodology/Research Approach
This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.Research Programs/Design
Historical Data (2015-2019) |
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Market Forecast (2021-2026) |
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Market Size Estimation
Top-down and bottom-up approaches are used to validate the global Voluntary Carbon Offset market size market and estimate the market size for Company, regions segments, product segments and Application (end users).
The market estimations in this report are based on the marketed sale price of Voluntary Carbon Offset (excluding any discounts provided by the player, distributor, wholesaler or traders). The percentage splits, market share, and breakdowns of the product segments are derived on the basis of weights assigned to each of the segments on the basis of their utilization rate and average sale price. The regional splits of the overall Voluntary Carbon Offset market and its sub-segments are based on the percentage adoption or utilization of the given product in the respective region or country.
Major Company in the market is identified through secondary research and their market revenues determined through primary and secondary research. Secondary research included the research of the annual and financial reports of the top Company; whereas, primary research included extensive interviews of key opinion leaders and industry experts such as experienced front-line staff, directors, CEOs and marketing executives. The percentage splits, market share, Growth Rate and breakdowns of the product markets are determined through using secondary sources and verified through the primary sources.
All possible factors that influence the markets included in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data. The market size for top-level markets and sub-segments is normalized, and the effect of inflation, economic downturns, and regulatory & policy changes or other factors are not accounted for in the market forecast. This data is combined and added with detailed inputs and analysis from Market Intellix and presented in this report
The following figure shows an illustrative representation of the overall market size estimation process used for this study.
Market Breakdown and Data Triangulation
After complete market engineering with calculations for market statistics; market size estimations; market forecasting; market breakdown; and data triangulation, extensive primary research was conducted to gather information and verify and validate the critical numbers arrived at. In the complete market engineering process, both top-down and bottom-up approaches were extensively used, along with several data triangulation methods, to perform market estimation and market forecasting for the overall market segments and sub-segments listed in this report. Extensive qualitative and further quantitative analysis is also done from all the numbers arrived at in the complete market engineering process to list key information throughout the report.
Data Source
Secondary Sources
Secondary sources include such as press releases, annual reports, non-profit organizations, industry associations, governmental agencies and customs data, etc. This research study involves the usage of widespread secondary sources, directories, databases such as Bloomberg Business, Wind Info, Hoovers, Factiva (Dow Jones & Company), and TRADING ECONOMICS, and News Network, statista, Federal Reserve Economic Data, annual reports, BIS Statistics, ICIS; company house documents; CAS(American Chemical Society); investor presentations; and SEC filings of companies. Secondary research was used to identify and collect information useful for the extensive, technical, market-oriented, and Hospitals study of the Voluntary Carbon Offset market. It was also used to obtain important information about the top companies, market classification and segmentation according to industry trends to the bottom-most level, and key developments related to market and technology perspectives.
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Primary Sources
In the primary research process, various sources from both the supply and demand sides were interviewed to obtain qualitative and quantitative information for this report. The primary sources from the supply side include product Company (and their competitors), opinion leaders, industry experts, research institutions, distributors, dealer and traders, as well as the raw materials suppliers and producers, etc.
The primary sources from the demand side include industry experts such as business leaders, marketing and sales directors, technology and innovation directors, supply chain executive, end use (product buyers), and related key executives from various key companies and organizations operating in the global market.
Primary research was conducted to identify segmentation Type, product price range, product Application, key Company, raw materials supply and the downstream demand, industry status and outlook, and key market dynamics such as risks, influence factors, opportunities, market barriers, industry trends, and key player strategies.
Key Executives Interviewed
Key Data Information from Primary Sources
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