The power factor refers to the relationship between the effective power and the total power consumption (apparent power), that is, the ratio of the effective power divided by the total power consumption (apparent power). Basically, the power factor can measure the degree to which power is effectively utilized. When the power factor value is larger, it represents the higher the power utilization rate. The phase difference between the current and the voltage causes a loss of switching power, and the PFC circuit is required to increase the power factor.
This report elaborates the market size, market characteristics, and market growth of the Power Factor Correction Device industry, and breaks down according to the type, application, and consumption area of Power Factor Correction Device. The report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry.
In Chapter 3.4 of the report, the impact of the COVID-19 outbreak on the industry was fully assessed. Fully risk assessment and industry recommendations were made for Power Factor Correction Device in a special period. This chapter also compares the markets of Pre COVID-19 and Post COVID-19.
In addition, chapters 8-12 consider the impact of COVID-19 on the regional economy.
Key players in the global Power Factor Correction Device market covered in Chapter 13:
Siemens AG
Ergon Energy
Target Solar
Mitsubishi Electric Corporation
Crompton Greaves (CG)
LARSEN & TOUBRO LIMITED
Captech
Energy Partners
Eaton
Schneider Electric
Oz Wide Power Strategies Pty
ABB
Power on Australia
NHP
Toshiba Corporation
ADAPT Australia
In Chapter 6, on the basis of types, the Power Factor Correction Device market from 2015 to 2025 is primarily split into:
Distributed Power Factor Correction Device
Centralized Power Factor Correction Devices
Combined Power Factor Correction Devices
Others
In Chapter 7, on the basis of applications, the Power Factor Correction Device market from 2015 to 2025 covers:
Commercial Utility
Industrial Utility
Public Power Supply
Other
Geographically, the detailed analysis of production, trade of the following countries is covered in Chapter 4.2, 5:
United States
Europe
China
Japan
India
Geographically, the detailed analysis of consumption, revenue, market share and growth rate of the following regions are covered in Chapter 8, 9, 10, 11, 12:
North America (Covered in Chapter 8)
United States
Canada
Mexico
Europe (Covered in Chapter 9)
Germany
UK
France
Italy
Spain
Others
Asia-Pacific (Covered in Chapter 10)
China
Japan
India
South Korea
Southeast Asia
Others
Middle East and Africa (Covered in Chapter 11)
Saudi Arabia
UAE
South Africa
Others
South America (Covered in Chapter 12)
Brazil
Others
Years considered for this report:
Historical Years: 2015-2019
Base Year: 2019
Estimated Year: 2020
Forecast Period: 2020-2025
Table of Content
1 Power Factor Correction Device Market - Research Scope
1.1 Study Goals
1.2 Market Definition and Scope
1.3 Key Market Segments
1.4 Study and Forecasting Years
2 Power Factor Correction Device Market - Research Methodology
2.1 Methodology
2.2 Research Data Source
2.2.1 Secondary Data
2.2.2 Primary Data
2.2.3 Market Size Estimation
2.2.4 Legal Disclaimer
3 Power Factor Correction Device Market Forces
3.1 Global Power Factor Correction Device Market Size
3.2 Top Impacting Factors (PESTEL Analysis)
3.2.1 Political Factors
3.2.2 Economic Factors
3.2.3 Social Factors
3.2.4 Technological Factors
3.2.5 Environmental Factors
3.2.6 Legal Factors
3.3 Industry Trend Analysis
3.4 Industry Trends Under COVID-19
3.4.1 Risk Assessment on COVID-19
3.4.2 Assessment of the Overall Impact of COVID-19 on the Industry
3.4.3 Pre COVID-19 and Post COVID-19 Market Scenario
3.5 Industry Risk Assessment
4 Power Factor Correction Device Market - By Geography
4.1 Global Power Factor Correction Device Market Value and Market Share by Regions
4.1.1 Global Power Factor Correction Device Value ($) by Region (2015-2020)
4.1.2 Global Power Factor Correction Device Value Market Share by Regions (2015-2020)
4.2 Global Power Factor Correction Device Market Production and Market Share by Major Countries
4.2.1 Global Power Factor Correction Device Production by Major Countries (2015-2020)
4.2.2 Global Power Factor Correction Device Production Market Share by Major Countries (2015-2020)
4.3 Global Power Factor Correction Device Market Consumption and Market Share by Regions
4.3.1 Global Power Factor Correction Device Consumption by Regions (2015-2020)
4.3.2 Global Power Factor Correction Device Consumption Market Share by Regions (2015-2020)
5 Power Factor Correction Device Market - By Trade Statistics
5.1 Global Power Factor Correction Device Export and Import
5.2 United States Power Factor Correction Device Export and Import (2015-2020)
5.3 Europe Power Factor Correction Device Export and Import (2015-2020)
5.4 China Power Factor Correction Device Export and Import (2015-2020)
5.5 Japan Power Factor Correction Device Export and Import (2015-2020)
5.6 India Power Factor Correction Device Export and Import (2015-2020)
5.7
6 Power Factor Correction Device Market - By Type
6.1 Global Power Factor Correction Device Production and Market Share by Types (2015-2020)
6.1.1 Global Power Factor Correction Device Production by Types (2015-2020)
6.1.2 Global Power Factor Correction Device Production Market Share by Types (2015-2020)
6.2 Global Power Factor Correction Device Value and Market Share by Types (2015-2020)
6.2.1 Global Power Factor Correction Device Value by Types (2015-2020)
6.2.2 Global Power Factor Correction Device Value Market Share by Types (2015-2020)
6.3 Global Power Factor Correction Device Production, Price and Growth Rate of Distributed Power Factor Correction Device (2015-2020)
6.4 Global Power Factor Correction Device Production, Price and Growth Rate of Centralized Power Factor Correction Devices (2015-2020)
6.5 Global Power Factor Correction Device Production, Price and Growth Rate of Combined Power Factor Correction Devices (2015-2020)
6.6 Global Power Factor Correction Device Production, Price and Growth Rate of Others (2015-2020)
7 Power Factor Correction Device Market - By Application
7.1 Global Power Factor Correction Device Consumption and Market Share by Applications (2015-2020)
7.1.1 Global Power Factor Correction Device Consumption by Applications (2015-2020)
7.1.2 Global Power Factor Correction Device Consumption Market Share by Applications (2015-2020)
7.2 Global Power Factor Correction Device Consumption and Growth Rate of Commercial Utility (2015-2020)
7.3 Global Power Factor Correction Device Consumption and Growth Rate of Industrial Utility (2015-2020)
7.4 Global Power Factor Correction Device Consumption and Growth Rate of Public Power Supply (2015-2020)
7.5 Global Power Factor Correction Device Consumption and Growth Rate of Other (2015-2020)
8 North America Power Factor Correction Device Market
8.1 North America Power Factor Correction Device Market Size
8.2 United States Power Factor Correction Device Market Size
8.3 Canada Power Factor Correction Device Market Size
8.4 Mexico Power Factor Correction Device Market Size
8.5 The Influence of COVID-19 on North America Market
9 Europe Power Factor Correction Device Market Analysis
9.1 Europe Power Factor Correction Device Market Size
9.2 Germany Power Factor Correction Device Market Size
9.3 United Kingdom Power Factor Correction Device Market Size
9.4 France Power Factor Correction Device Market Size
9.5 Italy Power Factor Correction Device Market Size
9.6 Spain Power Factor Correction Device Market Size
9.7 The Influence of COVID-19 on Europe Market
10 Asia-Pacific Power Factor Correction Device Market Analysis
10.1 Asia-Pacific Power Factor Correction Device Market Size
10.2 China Power Factor Correction Device Market Size
10.3 Japan Power Factor Correction Device Market Size
10.4 South Korea Power Factor Correction Device Market Size
10.5 Southeast Asia Power Factor Correction Device Market Size
10.6 India Power Factor Correction Device Market Size
10.7 The Influence of COVID-19 on Asia Pacific Market
11 Middle East and Africa Power Factor Correction Device Market Analysis
11.1 Middle East and Africa Power Factor Correction Device Market Size
11.2 Saudi Arabia Power Factor Correction Device Market Size
11.3 UAE Power Factor Correction Device Market Size
11.4 South Africa Power Factor Correction Device Market Size
11.5 The Influence of COVID-19 on Middle East and Africa Market
12 South America Power Factor Correction Device Market Analysis
12.1 South America Power Factor Correction Device Market Size
12.2 Brazil Power Factor Correction Device Market Size
12.3 The Influence of COVID-19 on South America Market
13 Company Profiles
13.1 Siemens AG
13.1.1 Siemens AG Basic Information
13.1.2 Siemens AG Product Profiles, Application and Specification
13.1.3 Siemens AG Power Factor Correction Device Market Performance (2015-2020)
13.2 Ergon Energy
13.2.1 Ergon Energy Basic Information
13.2.2 Ergon Energy Product Profiles, Application and Specification
13.2.3 Ergon Energy Power Factor Correction Device Market Performance (2015-2020)
13.3 Target Solar
13.3.1 Target Solar Basic Information
13.3.2 Target Solar Product Profiles, Application and Specification
13.3.3 Target Solar Power Factor Correction Device Market Performance (2015-2020)
13.4 Mitsubishi Electric Corporation
13.4.1 Mitsubishi Electric Corporation Basic Information
13.4.2 Mitsubishi Electric Corporation Product Profiles, Application and Specification
13.4.3 Mitsubishi Electric Corporation Power Factor Correction Device Market Performance (2015-2020)
13.5 Crompton Greaves (CG)
13.5.1 Crompton Greaves (CG) Basic Information
13.5.2 Crompton Greaves (CG) Product Profiles, Application and Specification
13.5.3 Crompton Greaves (CG) Power Factor Correction Device Market Performance (2015-2020)
13.6 LARSEN & TOUBRO LIMITED
13.6.1 LARSEN & TOUBRO LIMITED Basic Information
13.6.2 LARSEN & TOUBRO LIMITED Product Profiles, Application and Specification
13.6.3 LARSEN & TOUBRO LIMITED Power Factor Correction Device Market Performance (2015-2020)
13.7 Captech
13.7.1 Captech Basic Information
13.7.2 Captech Product Profiles, Application and Specification
13.7.3 Captech Power Factor Correction Device Market Performance (2015-2020)
13.8 Energy Partners
13.8.1 Energy Partners Basic Information
13.8.2 Energy Partners Product Profiles, Application and Specification
13.8.3 Energy Partners Power Factor Correction Device Market Performance (2015-2020)
13.9 Eaton
13.9.1 Eaton Basic Information
13.9.2 Eaton Product Profiles, Application and Specification
13.9.3 Eaton Power Factor Correction Device Market Performance (2015-2020)
13.10 Schneider Electric
13.10.1 Schneider Electric Basic Information
13.10.2 Schneider Electric Product Profiles, Application and Specification
13.10.3 Schneider Electric Power Factor Correction Device Market Performance (2015-2020)
13.11 Oz Wide Power Strategies Pty
13.11.1 Oz Wide Power Strategies Pty Basic Information
13.11.2 Oz Wide Power Strategies Pty Product Profiles, Application and Specification
13.11.3 Oz Wide Power Strategies Pty Power Factor Correction Device Market Performance (2015-2020)
13.12 ABB
13.12.1 ABB Basic Information
13.12.2 ABB Product Profiles, Application and Specification
13.12.3 ABB Power Factor Correction Device Market Performance (2015-2020)
13.13 Power on Australia
13.13.1 Power on Australia Basic Information
13.13.2 Power on Australia Product Profiles, Application and Specification
13.13.3 Power on Australia Power Factor Correction Device Market Performance (2015-2020)
13.14 NHP
13.14.1 NHP Basic Information
13.14.2 NHP Product Profiles, Application and Specification
13.14.3 NHP Power Factor Correction Device Market Performance (2015-2020)
13.15 Toshiba Corporation
13.15.1 Toshiba Corporation Basic Information
13.15.2 Toshiba Corporation Product Profiles, Application and Specification
13.15.3 Toshiba Corporation Power Factor Correction Device Market Performance (2015-2020)
13.16 ADAPT Australia
13.16.1 ADAPT Australia Basic Information
13.16.2 ADAPT Australia Product Profiles, Application and Specification
13.16.3 ADAPT Australia Power Factor Correction Device Market Performance (2015-2020)
14 Market Forecast - By Regions
14.1 North America Power Factor Correction Device Market Forecast (2020-2025)
14.2 Europe Power Factor Correction Device Market Forecast (2020-2025)
14.3 Asia-Pacific Power Factor Correction Device Market Forecast (2020-2025)
14.4 Middle East and Africa Power Factor Correction Device Market Forecast (2020-2025)
14.5 South America Power Factor Correction Device Market Forecast (2020-2025)
15 Market Forecast - By Type and Applications
15.1 Global Power Factor Correction Device Market Forecast by Types (2020-2025)
15.1.1 Global Power Factor Correction Device Market Forecast Production and Market Share by Types (2020-2025)
15.1.2 Global Power Factor Correction Device Market Forecast Value and Market Share by Types (2020-2025)
15.2 Global Power Factor Correction Device Market Forecast by Applications (2020-2025)
List of Tables and Figures
Figure Power Factor Correction Device Picture
Table Power Factor Correction Device Key Market Segments
Figure Study and Forecasting Years
Figure Global Power Factor Correction Device Market Size and Growth Rate 2015-2025
Figure Industry PESTEL Analysis
Figure Global COVID-19 Status
Figure Market Size Forecast Comparison of Pre COVID-19 and Post COVID-19
Figure Global Power Factor Correction Device Value ($) and Growth Rate (2015-2020)
Table Global Power Factor Correction Device Value ($) by Countries (2015-2020)
Table Global Power Factor Correction Device Value Market Share by Regions (2015-2020)
Figure Global Power Factor Correction Device Value Market Share by Regions in 2019
Figure Global Power Factor Correction Device Production and Growth Rate (2015-2020)
Table Global Power Factor Correction Device Production by Major Countries (2015-2020)
Table Global Power Factor Correction Device Production Market Share by Major Countries (2015-2020)
Figure Global Power Factor Correction Device Production Market Share by Regions in 2019
Figure Global Power Factor Correction Device Consumption and Growth Rate (2015-2020)
Table Global Power Factor Correction Device Consumption by Regions (2015-2020)
Table Global Power Factor Correction Device Consumption Market Share by Regions (2015-2020)
Figure Global Power Factor Correction Device Consumption Market Share by Regions in 2019
Table Global Power Factor Correction Device Export Top 3 Country 2019
Table Global Power Factor Correction Device Import Top 3 Country 2019
Table United States Power Factor Correction Device Export and Import (2015-2020)
Table Europe Power Factor Correction Device Export and Import (2015-2020)
Table China Power Factor Correction Device Export and Import (2015-2020)
Table Japan Power Factor Correction Device Export and Import (2015-2020)
Table India Power Factor Correction Device Export and Import (2015-2020)
Table Global Power Factor Correction Device Production by Types (2015-2020)
Table Global Power Factor Correction Device Production Market Share by Types (2015-2020)
Figure Global Power Factor Correction Device Production Share by Type (2015-2020)
Table Global Power Factor Correction Device Value by Types (2015-2020)
Table Global Power Factor Correction Device Value Market Share by Types (2015-2020)
Figure Global Power Factor Correction Device Value Share by Type (2015-2020)
Figure Global Distributed Power Factor Correction Device Production and Growth Rate (2015-2020)
Figure Global Distributed Power Factor Correction Device Price (2015-2020)
Figure Global Centralized Power Factor Correction Devices Production and Growth Rate (2015-2020)
Figure Global Centralized Power Factor Correction Devices Price (2015-2020)
Figure Global Combined Power Factor Correction Devices Production and Growth Rate (2015-2020)
Figure Global Combined Power Factor Correction Devices Price (2015-2020)
Figure Global Others Production and Growth Rate (2015-2020)
Figure Global Others Price (2015-2020)
Table Global Power Factor Correction Device Consumption by Applications (2015-2020)
Table Global Power Factor Correction Device Consumption Market Share by Applications (2015-2020)
Figure Global Power Factor Correction Device Consumption Share by Application (2015-2020)
Figure Global Commercial Utility Consumption and Growth Rate (2015-2020)
Figure Global Industrial Utility Consumption and Growth Rate (2015-2020)
Figure Global Public Power Supply Consumption and Growth Rate (2015-2020)
Figure Global Other Consumption and Growth Rate (2015-2020)
Figure North America Power Factor Correction Device Market Consumption and Growth Rate (2015-2020)
Table North America Power Factor Correction Device Consumption by Countries (2015-2020)
Table North America Power Factor Correction Device Consumption Market Share by Countries (2015-2020)
Figure North America Power Factor Correction Device Consumption Market Share by Countries (2015-2020)
Figure United States Power Factor Correction Device Market Consumption and Growth Rate (2015-2020)
Figure Canada Power Factor Correction Device Market Consumption and Growth Rate (2015-2020)
Figure Mexico Power Factor Correction Device Market Consumption and Growth Rate (2015-2020)
Figure North America COVID-19 Status
Figure Europe Power Factor Correction Device Market Consumption and Growth Rate (2015-2020)
Table Europe Power Factor Correction Device Consumption by Countries (2015-2020)
Table Europe Power Factor Correction Device Consumption Market Share by Countries (2015-2020)
Figure Europe Power Factor Correction Device Consumption Market Share by Countries (2015-2020)
Figure Germany Power Factor Correction Device Market Consumption and Growth Rate (2015-2020)
Figure United Kingdom Power Factor Correction Device Market Consumption and Growth Rate (2015-2020)
Figure France Power Factor Correction Device Market Consumption and Growth Rate (2015-2020)
Figure Italy Power Factor Correction Device Market Consumption and Growth Rate (2015-2020)
Figure Spain Power Factor Correction Device Market Consumption and Growth Rate (2015-2020)
Figure Europe COVID-19 Status
Figure Asia-Pacific Power Factor Correction Device Market Consumption and Growth Rate (2015-2020)
Table Asia-Pacific Power Factor Correction Device Consumption by Countries (2015-2020)
Table Asia-Pacific Power Factor Correction Device Consumption Market Share by Countries (2015-2020)
Figure Asia-Pacific Power Factor Correction Device Consumption Market Share by Countries (2015-2020)
Figure China Power Factor Correction Device Market Consumption and Growth Rate (2015-2020)
Figure Japan Power Factor Correction Device Market Consumption and Growth Rate (2015-2020)
Figure South Korea Power Factor Correction Device Market Consumption and Growth Rate (2015-2020)
Figure Southeast Asia Power Factor Correction Device Market Consumption and Growth Rate (2015-2020)
Figure India Power Factor Correction Device Market Consumption and Growth Rate (2015-2020)
Figure Asia Pacific COVID-19 Status
Figure Middle East and Africa Power Factor Correction Device Market Consumption and Growth Rate (2015-2020)
Table Middle East and Africa Power Factor Correction Device Consumption by Countries (2015-2020)
Table Middle East and Africa Power Factor Correction Device Consumption Market Share by Countries (2015-2020)
Figure Middle East and Africa Power Factor Correction Device Consumption Market Share by Countries (2015-2020)
Figure Saudi Arabia Power Factor Correction Device Market Consumption and Growth Rate (2015-2020)
Figure UAE Power Factor Correction Device Market Consumption and Growth Rate (2015-2020)
Figure South Africa Power Factor Correction Device Market Consumption and Growth Rate (2015-2020)
Figure South America Power Factor Correction Device Market Consumption and Growth Rate (2015-2020)
Table South America Power Factor Correction Device Consumption by Countries (2015-2020)
Table South America Power Factor Correction Device Consumption Market Share by Countries (2015-2020)
Figure South America Power Factor Correction Device Consumption Market Share by Countries (2015-2020)
Figure Brazil Power Factor Correction Device Market Consumption and Growth Rate (2015-2020)
Table Siemens AG Company Profile
Table Siemens AG Production, Value, Price, Gross Margin 2015-2020
Figure Siemens AG Production and Growth Rate
Figure Siemens AG Value ($) Market Share 2015-2020
Table Ergon Energy Company Profile
Table Ergon Energy Production, Value, Price, Gross Margin 2015-2020
Figure Ergon Energy Production and Growth Rate
Figure Ergon Energy Value ($) Market Share 2015-2020
Table Target Solar Company Profile
Table Target Solar Production, Value, Price, Gross Margin 2015-2020
Figure Target Solar Production and Growth Rate
Figure Target Solar Value ($) Market Share 2015-2020
Table Mitsubishi Electric Corporation Company Profile
Table Mitsubishi Electric Corporation Production, Value, Price, Gross Margin 2015-2020
Figure Mitsubishi Electric Corporation Production and Growth Rate
Figure Mitsubishi Electric Corporation Value ($) Market Share 2015-2020
Table Crompton Greaves (CG) Company Profile
Table Crompton Greaves (CG) Production, Value, Price, Gross Margin 2015-2020
Figure Crompton Greaves (CG) Production and Growth Rate
Figure Crompton Greaves (CG) Value ($) Market Share 2015-2020
Table LARSEN & TOUBRO LIMITED Company Profile
Table LARSEN & TOUBRO LIMITED Production, Value, Price, Gross Margin 2015-2020
Figure LARSEN & TOUBRO LIMITED Production and Growth Rate
Figure LARSEN & TOUBRO LIMITED Value ($) Market Share 2015-2020
Table Captech Company Profile
Table Captech Production, Value, Price, Gross Margin 2015-2020
Figure Captech Production and Growth Rate
Figure Captech Value ($) Market Share 2015-2020
Table Energy Partners Company Profile
Table Energy Partners Production, Value, Price, Gross Margin 2015-2020
Figure Energy Partners Production and Growth Rate
Figure Energy Partners Value ($) Market Share 2015-2020
Table Eaton Company Profile
Table Eaton Production, Value, Price, Gross Margin 2015-2020
Figure Eaton Production and Growth Rate
Figure Eaton Value ($) Market Share 2015-2020
Table Schneider Electric Company Profile
Table Schneider Electric Production, Value, Price, Gross Margin 2015-2020
Figure Schneider Electric Production and Growth Rate
Figure Schneider Electric Value ($) Market Share 2015-2020
Table Oz Wide Power Strategies Pty Company Profile
Table Oz Wide Power Strategies Pty Production, Value, Price, Gross Margin 2015-2020
Figure Oz Wide Power Strategies Pty Production and Growth Rate
Figure Oz Wide Power Strategies Pty Value ($) Market Share 2015-2020
Table ABB Company Profile
Table ABB Production, Value, Price, Gross Margin 2015-2020
Figure ABB Production and Growth Rate
Figure ABB Value ($) Market Share 2015-2020
Table Power on Australia Company Profile
Table Power on Australia Production, Value, Price, Gross Margin 2015-2020
Figure Power on Australia Production and Growth Rate
Figure Power on Australia Value ($) Market Share 2015-2020
Table NHP Company Profile
Table NHP Production, Value, Price, Gross Margin 2015-2020
Figure NHP Production and Growth Rate
Figure NHP Value ($) Market Share 2015-2020
Table Toshiba Corporation Company Profile
Table Toshiba Corporation Production, Value, Price, Gross Margin 2015-2020
Figure Toshiba Corporation Production and Growth Rate
Figure Toshiba Corporation Value ($) Market Share 2015-2020
Table ADAPT Australia Company Profile
Table ADAPT Australia Production, Value, Price, Gross Margin 2015-2020
Figure ADAPT Australia Production and Growth Rate
Figure ADAPT Australia Value ($) Market Share 2015-2020
Figure North America Market Consumption and Growth Rate Forecast (2020-2025)
Figure Europe Market Consumption and Growth Rate Forecast (2020-2025)
Figure Asia-Pacific Market Consumption and Growth Rate Forecast (2020-2025)
Figure Middle East and Africa Market Consumption and Growth Rate Forecast (2020-2025)
Figure South America Market Consumption and Growth Rate Forecast (2020-2025)
Table Global Power Factor Correction Device Market Forecast Production by Types (2020-2025)
Table Global Power Factor Correction Device Market Forecast Production Share by Types (2020-2025)
Table Global Power Factor Correction Device Market Forecast Value ($) by Types (2020-2025)
Table Global Power Factor Correction Device Market Forecast Value Share by Types (2020-2025)
Table Global Power Factor Correction Device Market Forecast Consumption by Applications (2020-2025)
Table Global Power Factor Correction Device Market Forecast Consumption Share by Applications (2020-2025)
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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Influencing Factors |
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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.
Market Size |
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Qualitative Analysis |
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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
Primary Sources | Parameters | Key Data |
Market Segments(by Application, by Type) |
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Total Market |
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