Microfluidics is both the science which studies the behaviour of fluids through micro-channels, and the technology of manufacturing microminiaturized devices containing chambers and tunnels through which fluids flow or are confined. These mainly include microfluidic chips in microfluidics, microfluidic pumps, etc.
The latest research study released by Market IntelliX evaluates market size and forecasts of Microfluidics in Global, including the following market information:
Global Microfluidics Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global top five companies in 2021 (%)
The global Microfluidics market was valued at 3280.3 million in 2021 and is projected to reach US$ 7588.3 million by 2028, at a CAGR of 12.7% during the forecast period 2022-2028.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Microfluidic Chip Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Microfluidics include Illumina Inc., PerkinElmer Inc., Zoetis, Thermo Fisher Scientific, Fluidigm Corporation, Roche, Philips, Chemyx and UFluidix, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MI has surveyed the Microfluidics companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Market Segmentations:
Global Microfluidics Market, by Type, 2017-2022, 2023-2028 ($ millions)
Global Microfluidics Market Segment Percentages, by Type, 2021 (%)
Microfluidic Chip
Microfluidic Pump
Others
Global Microfluidics Market, by Application, 2017-2022, 2023-2028 ($ millions)
Global Microfluidics Market Segment Percentages, by Application, 2021 (%)
In Vitro Detection
Pharmaceutical Industrial
Others
Global Microfluidics Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions)
Global Microfluidics Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Microfluidics revenues in global market, 2017-2022 (estimated), ($ millions)
Key companies Microfluidics revenues share in global market, 2021 (%)
The report presents profiles of competitors in the market Some of the prominent key players covered:
Illumina Inc.
PerkinElmer Inc.
Zoetis
Thermo Fisher Scientific
Fluidigm Corporation
Roche
Philips
Chemyx
UFluidix
Danaher
908 Devices
ALine
Micronit Microtechnologies
Fluigent SA
Dolomite Microfluidics (Blacktrace Holdings Ltd)
ZEON CORPORATION
Key Takeaways from this Report
Evaluate market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level – for product types, end use applications and by different industry verticals.
Understand the different dynamics influencing the market – key driving factors, challenges and hidden opportunities.
Get in-depth insights on your competitor performance – market shares, strategies, financial benchmarking, product benchmarking, SWOT and more.
Analyze the sales and distribution channels across key geographies to improve top-line revenues.
Understand the industry supply chain with a deep-dive on the value augmentation at each step, in order to optimize value and bring efficiencies in your processes.
Get a quick outlook on the market entropy – M&A’s, deals, partnerships, product launches of all key players for the past 4 years.
Evaluate the supply-demand gaps, import-export statistics and regulatory landscape for more than top 20 countries globally for the market.
1 Introduction to Research & Analysis Reports
1.1 Microfluidics Market Definition
1.2 Market Segments
1.2.1 Market by Type
1.2.2 Market by Application
1.3 Global Microfluidics Market Overview
1.4 Features & Benefits of This Report
1.5 Methodology & Sources of Information
1.5.1 Research Methodology
1.5.2 Research Process
1.5.3 Base Year
1.5.4 Report Assumptions & Caveats
2 Global Microfluidics Overall Market Size
2.1 Global Microfluidics Market Size: 2021 VS 2028
2.2 Global Microfluidics Market Size, Prospects & Forecasts: 2017-2028
2.3 Key Market Trends, Opportunity, Drivers and Restraints
2.3.1 Market Opportunities & Trends
2.3.2 Market Drivers
2.3.3 Market Restraints
3 Company Landscape
3.1 Top Microfluidics Players in Global Market
3.2 Top Global Microfluidics Companies Ranked by Revenue
3.3 Global Microfluidics Revenue by Companies
3.4 Top 3 and Top 5 Microfluidics Companies in Global Market, by Revenue in 2021
3.5 Global Companies Microfluidics Product Type
3.6 Tier 1, Tier 2 and Tier 3 Microfluidics Players in Global Market
3.6.1 List of Global Tier 1 Microfluidics Companies
3.6.2 List of Global Tier 2 and Tier 3 Microfluidics Companies
4 Market Sights by Product
4.1 Overview
4.1.1 by Type - Global Microfluidics Market Size Markets, 2021 & 2028
4.1.2 Microfluidic Chip
4.1.3 Microfluidic Pump
4.1.4 Others
4.2 By Type - Global Microfluidics Revenue & Forecasts
4.2.1 By Type - Global Microfluidics Revenue, 2017-2022
4.2.2 By Type - Global Microfluidics Revenue, 2023-2028
4.2.3 By Type - Global Microfluidics Revenue Market Share, 2017-2028
5 Sights by Application
5.1 Overview
5.1.1 By Application - Global Microfluidics Market Size, 2021 & 2028
5.1.2 In Vitro Detection
5.1.3 Pharmaceutical Industrial
5.1.4 Others
5.2 By Application - Global Microfluidics Revenue & Forecasts
5.2.1 By Application - Global Microfluidics Revenue, 2017-2022
5.2.2 By Application - Global Microfluidics Revenue, 2023-2028
5.2.3 By Application - Global Microfluidics Revenue Market Share, 2017-2028
6 Sights by Region
6.1 By Region - Global Microfluidics Market Size, 2021 & 2028
6.2 By Region - Global Microfluidics Revenue & Forecasts
6.2.1 By Region - Global Microfluidics Revenue, 2017-2022
6.2.2 By Region - Global Microfluidics Revenue, 2023-2028
6.2.3 By Region - Global Microfluidics Revenue Market Share, 2017-2028
6.3 North America
6.3.1 By Country - North America Microfluidics Revenue, 2017-2028
6.3.2 US Microfluidics Market Size, 2017-2028
6.3.3 Canada Microfluidics Market Size, 2017-2028
6.3.4 Mexico Microfluidics Market Size, 2017-2028
6.4 Europe
6.4.1 By Country - Europe Microfluidics Revenue, 2017-2028
6.4.2 Germany Microfluidics Market Size, 2017-2028
6.4.3 France Microfluidics Market Size, 2017-2028
6.4.4 U.K. Microfluidics Market Size, 2017-2028
6.4.5 Italy Microfluidics Market Size, 2017-2028
6.4.6 Russia Microfluidics Market Size, 2017-2028
6.4.7 Nordic Countries Microfluidics Market Size, 2017-2028
6.4.8 Benelux Microfluidics Market Size, 2017-2028
6.5 Asia
6.5.1 By Region - Asia Microfluidics Revenue, 2017-2028
6.5.2 China Microfluidics Market Size, 2017-2028
6.5.3 Japan Microfluidics Market Size, 2017-2028
6.5.4 South Korea Microfluidics Market Size, 2017-2028
6.5.5 Southeast Asia Microfluidics Market Size, 2017-2028
6.5.6 India Microfluidics Market Size, 2017-2028
6.6 South America
6.6.1 By Country - South America Microfluidics Revenue, 2017-2028
6.6.2 Brazil Microfluidics Market Size, 2017-2028
6.6.3 Argentina Microfluidics Market Size, 2017-2028
6.7 Middle East & Africa
6.7.1 By Country - Middle East & Africa Microfluidics Revenue, 2017-2028
6.7.2 Turkey Microfluidics Market Size, 2017-2028
6.7.3 Israel Microfluidics Market Size, 2017-2028
6.7.4 Saudi Arabia Microfluidics Market Size, 2017-2028
6.7.5 UAE Microfluidics Market Size, 2017-2028
7 Players Profiles
7.1 Illumina Inc.
7.1.1 Illumina Inc. Corporate Summary
7.1.2 Illumina Inc. Business Overview
7.1.3 Illumina Inc. Microfluidics Major Product Offerings
7.1.4 Illumina Inc. Microfluidics Revenue in Global Market (2017-2022)
7.1.5 Illumina Inc. Key News
7.2 PerkinElmer Inc.
7.2.1 PerkinElmer Inc. Corporate Summary
7.2.2 PerkinElmer Inc. Business Overview
7.2.3 PerkinElmer Inc. Microfluidics Major Product Offerings
7.2.4 PerkinElmer Inc. Microfluidics Revenue in Global Market (2017-2022)
7.2.5 PerkinElmer Inc. Key News
7.3 Zoetis
7.3.1 Zoetis Corporate Summary
7.3.2 Zoetis Business Overview
7.3.3 Zoetis Microfluidics Major Product Offerings
7.3.4 Zoetis Microfluidics Revenue in Global Market (2017-2022)
7.3.5 Zoetis Key News
7.4 Thermo Fisher Scientific
7.4.1 Thermo Fisher Scientific Corporate Summary
7.4.2 Thermo Fisher Scientific Business Overview
7.4.3 Thermo Fisher Scientific Microfluidics Major Product Offerings
7.4.4 Thermo Fisher Scientific Microfluidics Revenue in Global Market (2017-2022)
7.4.5 Thermo Fisher Scientific Key News
7.5 Fluidigm Corporation
7.5.1 Fluidigm Corporation Corporate Summary
7.5.2 Fluidigm Corporation Business Overview
7.5.3 Fluidigm Corporation Microfluidics Major Product Offerings
7.5.4 Fluidigm Corporation Microfluidics Revenue in Global Market (2017-2022)
7.5.5 Fluidigm Corporation Key News
7.6 Roche
7.6.1 Roche Corporate Summary
7.6.2 Roche Business Overview
7.6.3 Roche Microfluidics Major Product Offerings
7.6.4 Roche Microfluidics Revenue in Global Market (2017-2022)
7.6.5 Roche Key News
7.7 Philips
7.7.1 Philips Corporate Summary
7.7.2 Philips Business Overview
7.7.3 Philips Microfluidics Major Product Offerings
7.7.4 Philips Microfluidics Revenue in Global Market (2017-2022)
7.7.5 Philips Key News
7.8 Chemyx
7.8.1 Chemyx Corporate Summary
7.8.2 Chemyx Business Overview
7.8.3 Chemyx Microfluidics Major Product Offerings
7.8.4 Chemyx Microfluidics Revenue in Global Market (2017-2022)
7.8.5 Chemyx Key News
7.9 UFluidix
7.9.1 UFluidix Corporate Summary
7.9.2 UFluidix Business Overview
7.9.3 UFluidix Microfluidics Major Product Offerings
7.9.4 UFluidix Microfluidics Revenue in Global Market (2017-2022)
7.9.5 UFluidix Key News
7.10 Danaher
7.10.1 Danaher Corporate Summary
7.10.2 Danaher Business Overview
7.10.3 Danaher Microfluidics Major Product Offerings
7.10.4 Danaher Microfluidics Revenue in Global Market (2017-2022)
7.10.5 Danaher Key News
7.11 908 Devices
7.11.1 908 Devices Corporate Summary
7.11.2 908 Devices Business Overview
7.11.3 908 Devices Microfluidics Major Product Offerings
7.11.4 908 Devices Microfluidics Revenue in Global Market (2017-2022)
7.11.5 908 Devices Key News
7.12 ALine
7.12.1 ALine Corporate Summary
7.12.2 ALine Business Overview
7.12.3 ALine Microfluidics Major Product Offerings
7.12.4 ALine Microfluidics Revenue in Global Market (2017-2022)
7.12.5 ALine Key News
7.13 Micronit Microtechnologies
7.13.1 Micronit Microtechnologies Corporate Summary
7.13.2 Micronit Microtechnologies Business Overview
7.13.3 Micronit Microtechnologies Microfluidics Major Product Offerings
7.13.4 Micronit Microtechnologies Microfluidics Revenue in Global Market (2017-2022)
7.13.5 Micronit Microtechnologies Key News
7.14 Fluigent SA
7.14.1 Fluigent SA Corporate Summary
7.14.2 Fluigent SA Business Overview
7.14.3 Fluigent SA Microfluidics Major Product Offerings
7.14.4 Fluigent SA Microfluidics Revenue in Global Market (2017-2022)
7.14.5 Fluigent SA Key News
7.15 Dolomite Microfluidics (Blacktrace Holdings Ltd)
7.15.1 Dolomite Microfluidics (Blacktrace Holdings Ltd) Corporate Summary
7.15.2 Dolomite Microfluidics (Blacktrace Holdings Ltd) Business Overview
7.15.3 Dolomite Microfluidics (Blacktrace Holdings Ltd) Microfluidics Major Product Offerings
7.15.4 Dolomite Microfluidics (Blacktrace Holdings Ltd) Microfluidics Revenue in Global Market (2017-2022)
7.15.5 Dolomite Microfluidics (Blacktrace Holdings Ltd) Key News
7.16 ZEON CORPORATION
7.16.1 ZEON CORPORATION Corporate Summary
7.16.2 ZEON CORPORATION Business Overview
7.16.3 ZEON CORPORATION Microfluidics Major Product Offerings
7.16.4 ZEON CORPORATION Microfluidics Revenue in Global Market (2017-2022)
7.16.5 ZEON CORPORATION Key News
8 Conclusion
9 Appendix
9.1 Note
9.2 Examples of Clients
9.3 Disclaimer
List of Tables
Table 1. Microfluidics Market Opportunities & Trends in Global Market
Table 2. Microfluidics Market Drivers in Global Market
Table 3. Microfluidics Market Restraints in Global Market
Table 4. Key Players of Microfluidics in Global Market
Table 5. Top Microfluidics Players in Global Market, Ranking by Revenue (2021)
Table 6. Global Microfluidics Revenue by Companies, (US$, Mn), 2017-2022
Table 7. Global Microfluidics Revenue Share by Companies, 2017-2022
Table 8. Global Companies Microfluidics Product Type
Table 9. List of Global Tier 1 Microfluidics Companies, Revenue (US$, Mn) in 2021 and Market Share
Table 10. List of Global Tier 2 and Tier 3 Microfluidics Companies, Revenue (US$, Mn) in 2021 and Market Share
Table 11. By Type – Global Microfluidics Revenue, (US$, Mn), 2021 & 2028
Table 12. By Type - Microfluidics Revenue in Global (US$, Mn), 2017-2022
Table 13. By Type - Microfluidics Revenue in Global (US$, Mn), 2023-2028
Table 14. By Application – Global Microfluidics Revenue, (US$, Mn), 2021 & 2028
Table 15. By Application - Microfluidics Revenue in Global (US$, Mn), 2017-2022
Table 16. By Application - Microfluidics Revenue in Global (US$, Mn), 2023-2028
Table 17. By Region – Global Microfluidics Revenue, (US$, Mn), 2021 & 2028
Table 18. By Region - Global Microfluidics Revenue (US$, Mn), 2017-2022
Table 19. By Region - Global Microfluidics Revenue (US$, Mn), 2023-2028
Table 20. By Country - North America Microfluidics Revenue, (US$, Mn), 2017-2022
Table 21. By Country - North America Microfluidics Revenue, (US$, Mn), 2023-2028
Table 22. By Country - Europe Microfluidics Revenue, (US$, Mn), 2017-2022
Table 23. By Country - Europe Microfluidics Revenue, (US$, Mn), 2023-2028
Table 24. By Region - Asia Microfluidics Revenue, (US$, Mn), 2017-2022
Table 25. By Region - Asia Microfluidics Revenue, (US$, Mn), 2023-2028
Table 26. By Country - South America Microfluidics Revenue, (US$, Mn), 2017-2022
Table 27. By Country - South America Microfluidics Revenue, (US$, Mn), 2023-2028
Table 28. By Country - Middle East & Africa Microfluidics Revenue, (US$, Mn), 2017-2022
Table 29. By Country - Middle East & Africa Microfluidics Revenue, (US$, Mn), 2023-2028
Table 30. Illumina Inc. Corporate Summary
Table 31. Illumina Inc. Microfluidics Product Offerings
Table 32. Illumina Inc. Microfluidics Revenue (US$, Mn), (2017-2022)
Table 33. PerkinElmer Inc. Corporate Summary
Table 34. PerkinElmer Inc. Microfluidics Product Offerings
Table 35. PerkinElmer Inc. Microfluidics Revenue (US$, Mn), (2017-2022)
Table 36. Zoetis Corporate Summary
Table 37. Zoetis Microfluidics Product Offerings
Table 38. Zoetis Microfluidics Revenue (US$, Mn), (2017-2022)
Table 39. Thermo Fisher Scientific Corporate Summary
Table 40. Thermo Fisher Scientific Microfluidics Product Offerings
Table 41. Thermo Fisher Scientific Microfluidics Revenue (US$, Mn), (2017-2022)
Table 42. Fluidigm Corporation Corporate Summary
Table 43. Fluidigm Corporation Microfluidics Product Offerings
Table 44. Fluidigm Corporation Microfluidics Revenue (US$, Mn), (2017-2022)
Table 45. Roche Corporate Summary
Table 46. Roche Microfluidics Product Offerings
Table 47. Roche Microfluidics Revenue (US$, Mn), (2017-2022)
Table 48. Philips Corporate Summary
Table 49. Philips Microfluidics Product Offerings
Table 50. Philips Microfluidics Revenue (US$, Mn), (2017-2022)
Table 51. Chemyx Corporate Summary
Table 52. Chemyx Microfluidics Product Offerings
Table 53. Chemyx Microfluidics Revenue (US$, Mn), (2017-2022)
Table 54. UFluidix Corporate Summary
Table 55. UFluidix Microfluidics Product Offerings
Table 56. UFluidix Microfluidics Revenue (US$, Mn), (2017-2022)
Table 57. Danaher Corporate Summary
Table 58. Danaher Microfluidics Product Offerings
Table 59. Danaher Microfluidics Revenue (US$, Mn), (2017-2022)
Table 60. 908 Devices Corporate Summary
Table 61. 908 Devices Microfluidics Product Offerings
Table 62. 908 Devices Microfluidics Revenue (US$, Mn), (2017-2022)
Table 63. ALine Corporate Summary
Table 64. ALine Microfluidics Product Offerings
Table 65. ALine Microfluidics Revenue (US$, Mn), (2017-2022)
Table 66. Micronit Microtechnologies Corporate Summary
Table 67. Micronit Microtechnologies Microfluidics Product Offerings
Table 68. Micronit Microtechnologies Microfluidics Revenue (US$, Mn), (2017-2022)
Table 69. Fluigent SA Corporate Summary
Table 70. Fluigent SA Microfluidics Product Offerings
Table 71. Fluigent SA Microfluidics Revenue (US$, Mn), (2017-2022)
Table 72. Dolomite Microfluidics (Blacktrace Holdings Ltd) Corporate Summary
Table 73. Dolomite Microfluidics (Blacktrace Holdings Ltd) Microfluidics Product Offerings
Table 74. Dolomite Microfluidics (Blacktrace Holdings Ltd) Microfluidics Revenue (US$, Mn), (2017-2022)
Table 75. ZEON CORPORATION Corporate Summary
Table 76. ZEON CORPORATION Microfluidics Product Offerings
Table 77. ZEON CORPORATION Microfluidics Revenue (US$, Mn), (2017-2022)
List of Figures
Figure 1. Microfluidics Segment by Type in 2021
Figure 2. Microfluidics Segment by Application in 2021
Figure 3. Global Microfluidics Market Overview: 2021
Figure 4. Key Caveats
Figure 5. Global Microfluidics Market Size: 2021 VS 2028 (US$, Mn)
Figure 6. Global Microfluidics Revenue, 2017-2028 (US$, Mn)
Figure 7. The Top 3 and 5 Players Market Share by Microfluidics Revenue in 2021
Figure 8. By Type - Global Microfluidics Revenue Market Share, 2017-2028
Figure 9. By Application - Global Microfluidics Revenue Market Share, 2017-2028
Figure 10. By Region - Global Microfluidics Revenue Market Share, 2017-2028
Figure 11. By Country - North America Microfluidics Revenue Market Share, 2017-2028
Figure 12. US Microfluidics Revenue, (US$, Mn), 2017-2028
Figure 13. Canada Microfluidics Revenue, (US$, Mn), 2017-2028
Figure 14. Mexico Microfluidics Revenue, (US$, Mn), 2017-2028
Figure 15. By Country - Europe Microfluidics Revenue Market Share, 2017-2028
Figure 16. Germany Microfluidics Revenue, (US$, Mn), 2017-2028
Figure 17. France Microfluidics Revenue, (US$, Mn), 2017-2028
Figure 18. U.K. Microfluidics Revenue, (US$, Mn), 2017-2028
Figure 19. Italy Microfluidics Revenue, (US$, Mn), 2017-2028
Figure 20. Russia Microfluidics Revenue, (US$, Mn), 2017-2028
Figure 21. Nordic Countries Microfluidics Revenue, (US$, Mn), 2017-2028
Figure 22. Benelux Microfluidics Revenue, (US$, Mn), 2017-2028
Figure 23. By Region - Asia Microfluidics Revenue Market Share, 2017-2028
Figure 24. China Microfluidics Revenue, (US$, Mn), 2017-2028
Figure 25. Japan Microfluidics Revenue, (US$, Mn), 2017-2028
Figure 26. South Korea Microfluidics Revenue, (US$, Mn), 2017-2028
Figure 27. Southeast Asia Microfluidics Revenue, (US$, Mn), 2017-2028
Figure 28. India Microfluidics Revenue, (US$, Mn), 2017-2028
Figure 29. By Country - South America Microfluidics Revenue Market Share, 2017-2028
Figure 30. Brazil Microfluidics Revenue, (US$, Mn), 2017-2028
Figure 31. Argentina Microfluidics Revenue, (US$, Mn), 2017-2028
Figure 32. By Country - Middle East & Africa Microfluidics Revenue Market Share, 2017-2028
Figure 33. Turkey Microfluidics Revenue, (US$, Mn), 2017-2028
Figure 34. Israel Microfluidics Revenue, (US$, Mn), 2017-2028
Figure 35. Saudi Arabia Microfluidics Revenue, (US$, Mn), 2017-2028
Figure 36. UAE Microfluidics Revenue, (US$, Mn), 2017-2028
Figure 37. Illumina Inc. Microfluidics Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 38. PerkinElmer Inc. Microfluidics Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 39. Zoetis Microfluidics Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 40. Thermo Fisher Scientific Microfluidics Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 41. Fluidigm Corporation Microfluidics Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 42. Roche Microfluidics Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 43. Philips Microfluidics Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 44. Chemyx Microfluidics Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 45. UFluidix Microfluidics Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 46. Danaher Microfluidics Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 47. 908 Devices Microfluidics Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 48. ALine Microfluidics Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 49. Micronit Microtechnologies Microfluidics Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 50. Fluigent SA Microfluidics Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 51. Dolomite Microfluidics (Blacktrace Holdings Ltd) Microfluidics Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 52. ZEON CORPORATION Microfluidics Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
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
Primary Sources | Parameters | Key Data |
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