Agriculture Seeder Market
Agriculture Seeder Market Forecasts to 2030 - Global Analysis By Seeder Type (Box Drill Seeder, Air Seeder and Other Seeder Types), Component, Sales Channel, Application, and By Geography
According to Stratistics MRC, the Global Agriculture Seeder Market is growing at a CAGR of 4.7% during the forecast period. An agriculture seeder is a mechanized device used in farming to sow seeds efficiently across fields. It typically consists of a hopper for holding seeds, a metering mechanism to regulate seed flow, and a distribution system for placing seeds in the soil at appropriate intervals and depths. They facilitate uniform planting, saving time and labor while optimizing seed placement for optimal germination and crop yield. Modern seeders may incorporate advanced technologies like GPS guidance and variable-rate seeding to further enhance precision and productivity in agricultural practices.
Market Dynamics:
Driver:
Government support and subsidies
Government initiatives aim to alleviate the financial burden associated with purchasing agricultural equipment, including seeders, making them more accessible and affordable for farmers with limited resources. Subsidies may cover a portion of the equipment's cost or provide favorable financing terms, encouraging farmers to upgrade. Furthermore, this support helps farmers understand the benefits of adopting advanced seeding technologies, thereby driving market growth.
Restraint:
High initial investment
Agricultural seeders are complex and specialized equipment that require significant capital investment that can vary depending on factors such as their size, configuration, features, and technology. It may deter some farmers from adopting modern seeding technologies or upgrading their existing equipment. Moreover, the cost of maintaining and servicing seeders over time can also be a consideration, thereby significantly hindering this market expansion.
Opportunity:
Technological advancements
GPS guidance systems integrated into agriculture seeders enable precise positioning and navigation within fields, allowing farmers to achieve accurate seed placement and row spacing. This technology enhances planting efficiency and minimizes seed waste, resulting in higher crop yields and cost savings. Moreover, advanced sensors and monitoring systems provide real-time data on seed depth and population, enabling farmers to make informed decisions and optimize planting practices for better outcomes, which drives market growth.
Threat:
Weather fluctuations
Unpredictable and extreme weather events such as droughts, floods, heatwaves, and storms can disrupt the planting schedule and create challenges for farmers using seeders. Crop damage from storms or floods can lead to yield losses and financial setbacks for farmers. Furthermore, if there is a sudden cold spell after seeds have been sown, it can negatively impact seed germination and plant establishment which are hampering this market expansion.
Covid-19 Impact
The COVID-19 pandemic has had several negative impacts on the agriculture seeder market, disrupting supply chains, reducing demand, and creating economic uncertainty for farmers and manufacturers alike. This disruption has caused shortages and increased lead times, hindering farmers' ability to access necessary equipment in a timely manner. Additionally, labor shortages and restrictions on workforce mobility have affected agricultural operations, including planting activities, which impede this market size.
The box drill seeder segment is expected to be the largest during the forecast period
The box drill seeder segment is estimated to hold the largest share. Box drill seeders are specialized equipment designed to precisely sow seeds in rows, creating a uniform planting pattern across fields. Farmers are increasingly adopting precision agriculture practices to maximize crop yields while minimizing input costs. Moreover, they are favored for their efficiency, accuracy, and ability to handle a variety of seed types and soil conditions, which are driving this segment’s growth.
The splitter segment is expected to have the highest CAGR during the forecast period
The splitter segment is anticipated to have highest CAGR during the forecast period due to the fact that they are integral components of seed drills and planters, serving to evenly distribute seeds from the seed box or hopper to individual planting units or rows. They are equipped with mechanisms to regulate seed flow and accurately divide seeds, enabling precise seed placement and crop stand establishment. Moreover, advancements in splitter technology, such as pneumatic or electronic seed distribution systems, have enhanced the efficiency and accuracy of seed placement, further driving demand for this segment.
Region with largest share:
Asia Pacific commanded the largest market share during the extrapolated period owing to diverse agricultural landscapes, varying climatic conditions, and a large and growing population with increasing food demand. The adoption of modern farming practices and mechanization is increasing as farmers seek to improve efficiency and productivity in this region. In addition, subsidies, incentives, and technological support provided by governments encourage farmers to invest in advanced seeding equipment, contributing to market growth in this region.
Region with highest CAGR:
North America is expected to witness highest CAGR over the projection period, owing to a combination of technological innovation and the need for increased efficiency and productivity in agriculture. Precision agriculture technologies have become increasingly prevalent in North America, leading to the development of high-tech agriculture seeders equipped with GPS guidance systems and advanced data analytics. Furthermore, there is a growing trend towards the integration of automation and robotics, which drives this region's expansion.
Key players in the market
Some of the key players in the Agriculture Seeder Market include CNH Industrial NV, Agco Corp., Deere & Co., Amity Technology LLC, Bourgault Industries Ltd., Kinze Manufacturing, Inc., Kubota Corporation and Bourgault Industries Ltd.
Key Developments:
In January 2024, Deere & Company announced it has entered into an agreement with SpaceX to provide cutting-edge satellite communications service to farmers.
In January 2024, AGCO announced the launch of FarmerCore, a transformative global initiative to deliver a next-generation farmer and dealer experience.
Seeder Types Covered:
• Box Drill Seeder
• Air Seeder
• Other Seeder Types
Components Covered:
• Secondary Head
• Primary Head
• Mixer Elbow with Riser Pipe
• Primary Venture
• Air Seeder Boot
• Splitter
• Other Components
Sales Channels Covered:
• Aftermarket
• Original Equipment Manufacturer
• Other Sales Channels
Applications Covered:
• Farmers
• Research Institutes
• Agri Businesses
• Other Applications
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2021, 2022, 2023, 2026, and 2030
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Table of Contents
1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.7 Application Analysis
3.9 Emerging Markets
3.10 Impact of Covid-19
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Agriculture Seeder Market, By Seeder Type
5.1 Introduction
5.2 Box Drill Seeder
5.3 Air Seeder
5.4 Other Seeder Types
6 Global Agriculture Seeder Market, By Component
6.1 Introduction
6.2 Secondary Head
6.3 Primary Head
6.4 Mixer Elbow with Riser Pipe
6.5 Primary Venture
6.6 Air Seeder Boot
6.7 Splitter
6.8 Other Components
7 Global Agriculture Seeder Market, By Sales Channel
7.1 Introduction
7.2 Aftermarket
7.3 Original Equipment Manufacturer
7.4 Other Sales Channels
8 Global Agriculture Seeder Market, By Application
8.1 Introduction
8.2 Farmers
8.3 Research Institutes
8.4 Agri Businesses
8.5 Other Applications
9 Global Agriculture Seeder Market, By Geography
9.1 Introduction
9.2 North America
9.2.1 US
9.2.2 Canada
9.2.3 Mexico
9.3 Europe
9.3.1 Germany
9.3.2 UK
9.3.3 Italy
9.3.4 France
9.3.5 Spain
9.3.6 Rest of Europe
9.4 Asia Pacific
9.4.1 Japan
9.4.2 China
9.4.3 India
9.4.4 Australia
9.4.5 New Zealand
9.4.6 South Korea
9.4.7 Rest of Asia Pacific
9.5 South America
9.5.1 Argentina
9.5.2 Brazil
9.5.3 Chile
9.5.4 Rest of South America
9.6 Middle East & Africa
9.6.1 Saudi Arabia
9.6.2 UAE
9.6.3 Qatar
9.6.4 South Africa
9.6.5 Rest of Middle East & Africa
10 Key Developments
10.1 Agreements, Partnerships, Collaborations and Joint Ventures
10.2 Acquisitions & Mergers
10.3 New Product Launch
10.4 Expansions
10.5 Other Key Strategies
11 Company Profiling
11.1 CNH Industrial NV
11.2 Agco Corp.
11.3 Deere & Co.
11.4 Amity Technology LLC
11.5 Bourgault Industries Ltd.
11.6 Kinze Manufacturing, Inc.
11.7 Kubota Corporation
11.8 Bourgault Industries Ltd.
List of Tables
1 Global Agriculture Seeder Market Outlook, By Region (2021-2030) ($MN)
2 Global Agriculture Seeder Market Outlook, By Seeder Type (2021-2030) ($MN)
3 Global Agriculture Seeder Market Outlook, By Box Drill Seeder (2021-2030) ($MN)
4 Global Agriculture Seeder Market Outlook, By Air Seeder (2021-2030) ($MN)
5 Global Agriculture Seeder Market Outlook, By Other Seeder Types (2021-2030) ($MN)
6 Global Agriculture Seeder Market Outlook, By Component (2021-2030) ($MN)
7 Global Agriculture Seeder Market Outlook, By Secondary Head (2021-2030) ($MN)
8 Global Agriculture Seeder Market Outlook, By Primary Head (2021-2030) ($MN)
9 Global Agriculture Seeder Market Outlook, By Mixer Elbow with Riser Pipe (2021-2030) ($MN)
10 Global Agriculture Seeder Market Outlook, By Primary Venture (2021-2030) ($MN)
11 Global Agriculture Seeder Market Outlook, By Air Seeder Boot (2021-2030) ($MN)
12 Global Agriculture Seeder Market Outlook, By Splitter (2021-2030) ($MN)
13 Global Agriculture Seeder Market Outlook, By Other Components (2021-2030) ($MN)
14 Global Agriculture Seeder Market Outlook, By Sales Channel (2021-2030) ($MN)
15 Global Agriculture Seeder Market Outlook, By Aftermarket (2021-2030) ($MN)
16 Global Agriculture Seeder Market Outlook, By Original Equipment Manufacturer (2021-2030) ($MN)
17 Global Agriculture Seeder Market Outlook, By Other Sales Channels (2021-2030) ($MN)
18 Global Agriculture Seeder Market Outlook, By Application (2021-2030) ($MN)
19 Global Agriculture Seeder Market Outlook, By Farmers (2021-2030) ($MN)
20 Global Agriculture Seeder Market Outlook, By Research Institutes (2021-2030) ($MN)
21 Global Agriculture Seeder Market Outlook, By Agri Businesses (2021-2030) ($MN)
22 Global Agriculture Seeder Market Outlook, By Other Applications (2021-2030) ($MN)
23 North America Agriculture Seeder Market Outlook, By Country (2021-2030) ($MN)
24 North America Agriculture Seeder Market Outlook, By Seeder Type (2021-2030) ($MN)
25 North America Agriculture Seeder Market Outlook, By Box Drill Seeder (2021-2030) ($MN)
26 North America Agriculture Seeder Market Outlook, By Air Seeder (2021-2030) ($MN)
27 North America Agriculture Seeder Market Outlook, By Other Seeder Types (2021-2030) ($MN)
28 North America Agriculture Seeder Market Outlook, By Component (2021-2030) ($MN)
29 North America Agriculture Seeder Market Outlook, By Secondary Head (2021-2030) ($MN)
30 North America Agriculture Seeder Market Outlook, By Primary Head (2021-2030) ($MN)
31 North America Agriculture Seeder Market Outlook, By Mixer Elbow with Riser Pipe (2021-2030) ($MN)
32 North America Agriculture Seeder Market Outlook, By Primary Venture (2021-2030) ($MN)
33 North America Agriculture Seeder Market Outlook, By Air Seeder Boot (2021-2030) ($MN)
34 North America Agriculture Seeder Market Outlook, By Splitter (2021-2030) ($MN)
35 North America Agriculture Seeder Market Outlook, By Other Components (2021-2030) ($MN)
36 North America Agriculture Seeder Market Outlook, By Sales Channel (2021-2030) ($MN)
37 North America Agriculture Seeder Market Outlook, By Aftermarket (2021-2030) ($MN)
38 North America Agriculture Seeder Market Outlook, By Original Equipment Manufacturer (2021-2030) ($MN)
39 North America Agriculture Seeder Market Outlook, By Other Sales Channels (2021-2030) ($MN)
40 North America Agriculture Seeder Market Outlook, By Application (2021-2030) ($MN)
41 North America Agriculture Seeder Market Outlook, By Farmers (2021-2030) ($MN)
42 North America Agriculture Seeder Market Outlook, By Research Institutes (2021-2030) ($MN)
43 North America Agriculture Seeder Market Outlook, By Agri Businesses (2021-2030) ($MN)
44 North America Agriculture Seeder Market Outlook, By Other Applications (2021-2030) ($MN)
45 Europe Agriculture Seeder Market Outlook, By Country (2021-2030) ($MN)
46 Europe Agriculture Seeder Market Outlook, By Seeder Type (2021-2030) ($MN)
47 Europe Agriculture Seeder Market Outlook, By Box Drill Seeder (2021-2030) ($MN)
48 Europe Agriculture Seeder Market Outlook, By Air Seeder (2021-2030) ($MN)
49 Europe Agriculture Seeder Market Outlook, By Other Seeder Types (2021-2030) ($MN)
50 Europe Agriculture Seeder Market Outlook, By Component (2021-2030) ($MN)
51 Europe Agriculture Seeder Market Outlook, By Secondary Head (2021-2030) ($MN)
52 Europe Agriculture Seeder Market Outlook, By Primary Head (2021-2030) ($MN)
53 Europe Agriculture Seeder Market Outlook, By Mixer Elbow with Riser Pipe (2021-2030) ($MN)
54 Europe Agriculture Seeder Market Outlook, By Primary Venture (2021-2030) ($MN)
55 Europe Agriculture Seeder Market Outlook, By Air Seeder Boot (2021-2030) ($MN)
56 Europe Agriculture Seeder Market Outlook, By Splitter (2021-2030) ($MN)
57 Europe Agriculture Seeder Market Outlook, By Other Components (2021-2030) ($MN)
58 Europe Agriculture Seeder Market Outlook, By Sales Channel (2021-2030) ($MN)
59 Europe Agriculture Seeder Market Outlook, By Aftermarket (2021-2030) ($MN)
60 Europe Agriculture Seeder Market Outlook, By Original Equipment Manufacturer (2021-2030) ($MN)
61 Europe Agriculture Seeder Market Outlook, By Other Sales Channels (2021-2030) ($MN)
62 Europe Agriculture Seeder Market Outlook, By Application (2021-2030) ($MN)
63 Europe Agriculture Seeder Market Outlook, By Farmers (2021-2030) ($MN)
64 Europe Agriculture Seeder Market Outlook, By Research Institutes (2021-2030) ($MN)
65 Europe Agriculture Seeder Market Outlook, By Agri Businesses (2021-2030) ($MN)
66 Asia Pacific Agriculture Seeder Market Outlook, By Country (2021-2030) ($MN)
67 Asia Pacific Agriculture Seeder Market Outlook, By Seeder Type (2021-2030) ($MN)
68 Asia Pacific Agriculture Seeder Market Outlook, By Box Drill Seeder (2021-2030) ($MN)
69 Asia Pacific Agriculture Seeder Market Outlook, By Air Seeder (2021-2030) ($MN)
70 Asia Pacific Agriculture Seeder Market Outlook, By Other Seeder Types (2021-2030) ($MN)
71 Asia Pacific Agriculture Seeder Market Outlook, By Component (2021-2030) ($MN)
72 Asia Pacific Agriculture Seeder Market Outlook, By Secondary Head (2021-2030) ($MN)
73 Asia Pacific Agriculture Seeder Market Outlook, By Primary Head (2021-2030) ($MN)
74 Asia Pacific Agriculture Seeder Market Outlook, By Mixer Elbow with Riser Pipe (2021-2030) ($MN)
75 Asia Pacific Agriculture Seeder Market Outlook, By Primary Venture (2021-2030) ($MN)
76 Asia Pacific Agriculture Seeder Market Outlook, By Air Seeder Boot (2021-2030) ($MN)
77 Asia Pacific Agriculture Seeder Market Outlook, By Splitter (2021-2030) ($MN)
78 Asia Pacific Agriculture Seeder Market Outlook, By Other Components (2021-2030) ($MN)
79 Asia Pacific Agriculture Seeder Market Outlook, By Sales Channel (2021-2030) ($MN)
80 Asia Pacific Agriculture Seeder Market Outlook, By Aftermarket (2021-2030) ($MN)
81 Asia Pacific Agriculture Seeder Market Outlook, By Original Equipment Manufacturer (2021-2030) ($MN)
82 Asia Pacific Agriculture Seeder Market Outlook, By Other Sales Channels (2021-2030) ($MN)
83 Asia Pacific Agriculture Seeder Market Outlook, By Application (2021-2030) ($MN)
84 Asia Pacific Agriculture Seeder Market Outlook, By Farmers (2021-2030) ($MN)
85 Asia Pacific Agriculture Seeder Market Outlook, By Research Institutes (2021-2030) ($MN)
86 Asia Pacific Agriculture Seeder Market Outlook, By Agri Businesses (2021-2030) ($MN)
87 Asia Pacific Agriculture Seeder Market Outlook, By Other Applications (2021-2030) ($MN)
88 South America Agriculture Seeder Market Outlook, By Country (2021-2030) ($MN)
89 South America Agriculture Seeder Market Outlook, By Seeder Type (2021-2030) ($MN)
90 South America Agriculture Seeder Market Outlook, By Box Drill Seeder (2021-2030) ($MN)
91 South America Agriculture Seeder Market Outlook, By Air Seeder (2021-2030) ($MN)
92 South America Agriculture Seeder Market Outlook, By Other Seeder Types (2021-2030) ($MN)
93 South America Agriculture Seeder Market Outlook, By Component (2021-2030) ($MN)
94 South America Agriculture Seeder Market Outlook, By Secondary Head (2021-2030) ($MN)
95 South America Agriculture Seeder Market Outlook, By Primary Head (2021-2030) ($MN)
96 South America Agriculture Seeder Market Outlook, By Mixer Elbow with Riser Pipe (2021-2030) ($MN)
97 South America Agriculture Seeder Market Outlook, By Primary Venture (2021-2030) ($MN)
98 South America Agriculture Seeder Market Outlook, By Air Seeder Boot (2021-2030) ($MN)
99 South America Agriculture Seeder Market Outlook, By Splitter (2021-2030) ($MN)
100 South America Agriculture Seeder Market Outlook, By Other Components (2021-2030) ($MN)
101 South America Agriculture Seeder Market Outlook, By Sales Channel (2021-2030) ($MN)
102 South America Agriculture Seeder Market Outlook, By Aftermarket (2021-2030) ($MN)
103 South America Agriculture Seeder Market Outlook, By Original Equipment Manufacturer (2021-2030) ($MN)
104 South America Agriculture Seeder Market Outlook, By Other Sales Channels (2021-2030) ($MN)
105 South America Agriculture Seeder Market Outlook, By Application (2021-2030) ($MN)
106 South America Agriculture Seeder Market Outlook, By Farmers (2021-2030) ($MN)
107 South America Agriculture Seeder Market Outlook, By Research Institutes (2021-2030) ($MN)
108 South America Agriculture Seeder Market Outlook, By Agri Businesses (2021-2030) ($MN)
109 South America Agriculture Seeder Market Outlook, By Other Applications (2021-2030) ($MN)
110 Middle East & Africa Agriculture Seeder Market Outlook, By Country (2021-2030) ($MN)
111 Middle East & Africa Agriculture Seeder Market Outlook, By Seeder Type (2021-2030) ($MN)
112 Middle East & Africa Agriculture Seeder Market Outlook, By Box Drill Seeder (2021-2030) ($MN)
113 Middle East & Africa Agriculture Seeder Market Outlook, By Air Seeder (2021-2030) ($MN)
114 Middle East & Africa Agriculture Seeder Market Outlook, By Other Seeder Types (2021-2030) ($MN)
115 Middle East & Africa Agriculture Seeder Market Outlook, By Component (2021-2030) ($MN)
116 Middle East & Africa Agriculture Seeder Market Outlook, By Secondary Head (2021-2030) ($MN)
117 Middle East & Africa Agriculture Seeder Market Outlook, By Primary Head (2021-2030) ($MN)
118 Middle East & Africa Agriculture Seeder Market Outlook, By Mixer Elbow with Riser Pipe (2021-2030) ($MN)
119 Middle East & Africa Agriculture Seeder Market Outlook, By Primary Venture (2021-2030) ($MN)
120 Middle East & Africa Agriculture Seeder Market Outlook, By Air Seeder Boot (2021-2030) ($MN)
121 Middle East & Africa Agriculture Seeder Market Outlook, By Splitter (2021-2030) ($MN)
122 Middle East & Africa Agriculture Seeder Market Outlook, By Other Components (2021-2030) ($MN)
123 Middle East & Africa Agriculture Seeder Market Outlook, By Sales Channel (2021-2030) ($MN)
124 Middle East & Africa Agriculture Seeder Market Outlook, By Aftermarket (2021-2030) ($MN)
125 Middle East & Africa Agriculture Seeder Market Outlook, By Original Equipment Manufacturer (2021-2030) ($MN)
126 Middle East & Africa Agriculture Seeder Market Outlook, By Other Sales Channels (2021-2030) ($MN)
127 Middle East & Africa Agriculture Seeder Market Outlook, By Application (2021-2030) ($MN)
128 Middle East & Africa Agriculture Seeder Market Outlook, By Farmers (2021-2030) ($MN)
129 Middle East & Africa Agriculture Seeder Market Outlook, By Research Institutes (2021-2030) ($MN)
130 Middle East & Africa Agriculture Seeder Market Outlook, By Agri Businesses (2021-2030) ($MN)
131 Middle East & Africa Agriculture Seeder Market Outlook, By Other Applications (2021-2030) ($MN)
List of Figures
RESEARCH METHODOLOGY
We at ‘Stratistics’ opt for an extensive research approach which involves data mining, data validation, and data analysis. The various research sources include in-house repository, secondary research, competitor’s sources, social media research, client internal data, and primary research.
Our team of analysts prefers the most reliable and authenticated data sources in order to perform the comprehensive literature search. With access to most of the authenticated data bases our team highly considers the best mix of information through various sources to obtain extensive and accurate analysis.
Each report takes an average time of a month and a team of 4 industry analysts. The time may vary depending on the scope and data availability of the desired market report. The various parameters used in the market assessment are standardized in order to enhance the data accuracy.
Data Mining
The data is collected from several authenticated, reliable, paid and unpaid sources and is filtered depending on the scope & objective of the research. Our reports repository acts as an added advantage in this procedure. Data gathering from the raw material suppliers, distributors and the manufacturers is performed on a regular basis, this helps in the comprehensive understanding of the products value chain. Apart from the above mentioned sources the data is also collected from the industry consultants to ensure the objective of the study is in the right direction.
Market trends such as technological advancements, regulatory affairs, market dynamics (Drivers, Restraints, Opportunities and Challenges) are obtained from scientific journals, market related national & international associations and organizations.
Data Analysis
From the data that is collected depending on the scope & objective of the research the data is subjected for the analysis. The critical steps that we follow for the data analysis include:
- Product Lifecycle Analysis
- Competitor analysis
- Risk analysis
- Porters Analysis
- PESTEL Analysis
- SWOT Analysis
The data engineering is performed by the core industry experts considering both the Marketing Mix Modeling and the Demand Forecasting. The marketing mix modeling makes use of multiple-regression techniques to predict the optimal mix of marketing variables. Regression factor is based on a number of variables and how they relate to an outcome such as sales or profits.
Data Validation
The data validation is performed by the exhaustive primary research from the expert interviews. This includes telephonic interviews, focus groups, face to face interviews, and questionnaires to validate our research from all aspects. The industry experts we approach come from the leading firms, involved in the supply chain ranging from the suppliers, distributors to the manufacturers and consumers so as to ensure an unbiased analysis.
We are in touch with more than 15,000 industry experts with the right mix of consultants, CEO's, presidents, vice presidents, managers, experts from both supply side and demand side, executives and so on.
The data validation involves the primary research from the industry experts belonging to:
- Leading Companies
- Suppliers & Distributors
- Manufacturers
- Consumers
- Industry/Strategic Consultants
Apart from the data validation the primary research also helps in performing the fill gap research, i.e. providing solutions for the unmet needs of the research which helps in enhancing the reports quality.
For more details about research methodology, kindly write to us at info@strategymrc.com
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