Coiled Tubing Market
Coiled Tubing Market Forecasts to 2028 - Global Analysis By Service (Drilling, Well Intervention & Production and Other Services), Operation (Logging, Perforation, Pumping and Other Operations), Application (Offshore and Onshore), End User and By Geography
|
Years Covered |
2020-2028 |
|
Estimated Year Value (2022) |
US $1.87 BN |
|
Projected Year Value (2028) |
US $2.57 BN |
|
CAGR (2022 - 2028) |
5.4% |
|
Regions Covered |
North America, Europe, Asia Pacific, South America, and Middle East & Africa |
|
Countries Covered |
US, Canada, Mexico, Germany, UK, Italy, France, Spain, Japan, China, India, Australia, New Zealand, South Korea, Rest of Asia Pacific, South America, Argentina, Brazil, Chile, Middle East & Africa, Saudi Arabia, UAE, Qatar, and South Africa |
|
Largest Market |
North America |
|
Highest Growing Market |
Asia Pacific |
According to Stratistics MRC, the Global Coiled Tubing Market is accounted for $1.87 billion in 2022 and is expected to reach $2.57 billion by 2028 growing at a CAGR of 5.4% during the forecast period. Coiled tubing is a long metal pipe that is enclosed by a huge reel on a well site for repair and workover activities. It is a continuous long metal pipe that may be inserted into a borehole to a depth of up to 15,000 feet. Coiled tubing is utilised in many different processes, including milling, drilling, rock fracturing, sidetracking, production tubing, low bottom hole pressure drilling, wellbore cleanout, mechanical isolation, and tube logging and perforating.
According to surveys, corrosion, mechanical damage, human mistake, and string manufacturing issues caused 80–90 % of coiled tubing string failures in the last two decades.
Market Dynamics:
Driver:
Global economic growth to underpin oil demand
The United States and OPEC are projected to boost their investment in exploration and production activities to meet increased demand for oil and gas, creating a profitable market for the energy and power sector. Tubing services will become increasingly popular as a result of the low cost of local feedstock and the United States' increased market share in new energy sources. Coiled tubing has various advantages over standard drilling and workover processes.
Restraint:
Volatility in crude oil prices and high maintenance cost
Crude oil prices are subject to policy changes, fluctuations in demand and supply, and changes in the global market environment. Crude oil prices have been influenced by the growing awareness of the need to protect the environment in both developing and developed economies. The maintenance cost of providing services utilising coiled tubing is relatively expensive. As a result, the market's expansion is impeded by the volatility of crude oil prices and the high maintenance expenses.
Opportunity:
Growing demand for well intervention operations
The market is growing as a result of increased production, exploratory operations, and unconventional resource development. The basic goals of well interventions are to maintain or increase production, extend the useful lives of the wells, and treat serious concerns with the wells. The upstream oil and petrol business is likewise upgrading operational procedures and increasing output. These variables work together to drive market demand.
Threat:
Challenging coiled tubing operations in offshore well interventions
Coiled tubing is a delicate piece of equipment, and the tubing has a thin wall. Some of the issues experienced by coiled tubing service providers during offshore well intervention and drilling activities include high pressure losses while pumping fluids, coiled tubing corrosion, coiled tubing rotation limitations, and logistical challenges with both road transport and offshore crane lifting.
Covid-19 Impact
Lockdowns implemented as a result of the COVID-19 epidemic resulted in a brief ban on import and export, as well as manufacturing and processing activities across numerous industries, which reduced demand for oil and gas goods, affected the coiled tubing market. As a result, market growth in the second, third, and fourth quarters of 2020 will be lower. However, the market is likely to rebound by the end of 2021, as COVID-19 immunisation has begun in many economies throughout the world, which is expected to help the situation globally.
The well intervention & production segment is expected to be the largest during the forecast period
The well intervention & production segment is estimated to have a lucrative growth. While executing a well intervention, coiled tubing is preferable than conventional tubing because the latter must be screwed together. A workover rig is not required because the first alternative can be placed immediately during production without interrupting oil flow. Because of the growing popularity for the product in advanced operations for increased oil recovery and hydraulic and acid fracturing, key companies in the oil and gas industry are urged to use coiled tubing into their operations.
The pumping segment is expected to have the highest CAGR during the forecast period
The pumping segment is anticipated to witness the fastest CAGR growth during the forecast period, because of its ability to prevent damage to critical components such as downhole safety valves. The product is used in this operation to distribute fluids to a specific place in the well, such as when performing chemical washes or cementing perforations. Furthermore, the use of coiled tubing in the deployment of a complex pump can cut deployment costs by reducing the need for many units on site.
Region with highest share:
North America is projected to hold the largest market share during the forecast period. This is due to the existence of significant players as well as a large consumer base in the region. Furthermore, new advancements of shale oil deposits in the region are expected to fuel market expansion during the studied time frame. The massive production and exportation of oil is expected to fuel demand for coiled tubing services, which in turn is expected to fuel market expansion in the future years.
Region with highest CAGR:
Asia Pacific is projected to have the highest CAGR over the forecast period. Oil and petrol demand from developing countries such as India, Vietnam, and China is increasing rapidly throughout the region. Oil fields are being developed by countries throughout the region. Cairn Oil & Gas and the Vedanta Company, for example, revealed in February 2022 that they had discovered a new oil well in Rajasthan, India.
Key players in the market
Some of the key players profiled in the Coiled Tubing Market include National Energy Services Reunited, Calfrac Well Services Ltd, BHGE, Altus Intervention, Halliburton, Weatherford International PLC, Baker Hughes Company, Schlumberger Limited, Superior Energy Services, C&J Energy Services, Nabors Industries Ltd., Archer Limited and Trican Well Service Ltd.
Key Developments:
In June 2020, Weatherford launched the Velox wellhead system, solution for operators needing to lock in pressure integrity while enhancing safety and improving efficiency.
In January 2020, Halliburton was awarded 7 contracts for drilling and completion services for the next phase of field development of the INPEX-operated Ichthys Project in the Browse Basin offshore northern Australia.
In September 2019, Baker Hughes Company announced the successful deployment of its SureCONNECT downhole intelligent wet-mate system, in BP’s subsea wells. SureCONNECT enables real-time production monitoring and control of the completion system across the entire wellbore in multi-trip completions. This system allows operators to make data-driven decisions to optimize reservoir performance and proactively mitigate risks.
Services Covered:
• Drilling
• Well Intervention & Production
• Others Services
Operations Covered:
• Logging
• Perforation
• Pumping
• Other Operations
Applications Covered:
• Offshore
• Onshore
End Users Covered:
• Engineering Procurement
• Oil and Gas Industry
• Construction Industry
• Other End Users
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 2020, 2021, 2022, 2025, and 2028
- 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
o 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
3.6 Application Analysis
3.7 End User Analysis
3.8 Emerging Markets
3.9 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 Coiled Tubing Market, By Service
5.1 Introduction
5.2 Drilling
5.3 Well Intervention & Production
5.3.1 Well Cleaning
5.3.2 Well Completion
5.3.3 Other Well Intervention & Productions
5.4 Other Services
6 Global Coiled Tubing Market, By Operation
6.1 Introduction
6.2 Logging
6.3 Perforation
6.4 Pumping
6.5 Other Operations
7 Global Coiled Tubing Market, By Application
7.1 Introduction
7.2 Offshore
7.3 Onshore
8 Global Coiled Tubing Market, By End User
8.1 Introduction
8.2 Engineering Procurement
8.3 Oil and Gas Industry
8.4 Construction Industry
8.5 Other End Users
9 Global Coiled Tubing 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 National Energy Services Reunited
11.2 Calfrac Well Services Ltd
11.3 BHGE
11.4 Altus Intervention
11.5 Halliburton
11.6 Weatherford International PLC
11.7 Baker Hughes Company
11.8 Schlumberger Limited
11.9 Superior Energy Services
11.10 C&J Energy Services
11.11 Nabors Industries Ltd.
11.12 Archer Limited
11.13 Trican Well Service Ltd
List of Tables
1 Global Coiled Tubing Market Outlook, By Region (2020-2028) ($MN)
2 Global Coiled Tubing Market Outlook, By Service (2020-2028) ($MN)
3 Global Coiled Tubing Market Outlook, By Drilling (2020-2028) ($MN)
4 Global Coiled Tubing Market Outlook, By Well Intervention & Production (2020-2028) ($MN)
5 Global Coiled Tubing Market Outlook, By Well Cleaning (2020-2028) ($MN)
6 Global Coiled Tubing Market Outlook, By Well Completion (2020-2028) ($MN)
7 Global Coiled Tubing Market Outlook, By Other Well Intervention & Productions (2020-2028) ($MN)
8 Global Coiled Tubing Market Outlook, By Other Services (2020-2028) ($MN)
9 Global Coiled Tubing Market Outlook, By Operation (2020-2028) ($MN)
10 Global Coiled Tubing Market Outlook, By Logging (2020-2028) ($MN)
11 Global Coiled Tubing Market Outlook, By Perforation (2020-2028) ($MN)
12 Global Coiled Tubing Market Outlook, By Pumping (2020-2028) ($MN)
13 Global Coiled Tubing Market Outlook, By Other Operations (2020-2028) ($MN)
14 Global Coiled Tubing Market Outlook, By Application (2020-2028) ($MN)
15 Global Coiled Tubing Market Outlook, By Offshore (2020-2028) ($MN)
16 Global Coiled Tubing Market Outlook, By Onshore (2020-2028) ($MN)
17 Global Coiled Tubing Market Outlook, By End User (2020-2028) ($MN)
18 Global Coiled Tubing Market Outlook, By Engineering Procurement (2020-2028) ($MN)
19 Global Coiled Tubing Market Outlook, By Oil and Gas Industry (2020-2028) ($MN)
20 Global Coiled Tubing Market Outlook, By Construction Industry (2020-2028) ($MN)
21 Global Coiled Tubing Market Outlook, By Other End Users (2020-2028) ($MN)
22 North America Coiled Tubing Market Outlook, By Country (2020-2028) ($MN)
23 North America Coiled Tubing Market Outlook, By Service (2020-2028) ($MN)
24 North America Coiled Tubing Market Outlook, By Drilling (2020-2028) ($MN)
25 North America Coiled Tubing Market Outlook, By Well Intervention & Production (2020-2028) ($MN)
26 North America Coiled Tubing Market Outlook, By Well Cleaning (2020-2028) ($MN)
27 North America Coiled Tubing Market Outlook, By Well Completion (2020-2028) ($MN)
28 North America Coiled Tubing Market Outlook, By Other Well Intervention & Productions (2020-2028) ($MN)
29 North America Coiled Tubing Market Outlook, By Other Services (2020-2028) ($MN)
30 North America Coiled Tubing Market Outlook, By Operation (2020-2028) ($MN)
31 North America Coiled Tubing Market Outlook, By Logging (2020-2028) ($MN)
32 North America Coiled Tubing Market Outlook, By Perforation (2020-2028) ($MN)
33 North America Coiled Tubing Market Outlook, By Pumping (2020-2028) ($MN)
34 North America Coiled Tubing Market Outlook, By Other Operations (2020-2028) ($MN)
35 North America Coiled Tubing Market Outlook, By Application (2020-2028) ($MN)
36 North America Coiled Tubing Market Outlook, By Offshore (2020-2028) ($MN)
37 North America Coiled Tubing Market Outlook, By Onshore (2020-2028) ($MN)
38 North America Coiled Tubing Market Outlook, By End User (2020-2028) ($MN)
39 North America Coiled Tubing Market Outlook, By Engineering Procurement (2020-2028) ($MN)
40 North America Coiled Tubing Market Outlook, By Oil and Gas Industry (2020-2028) ($MN)
41 North America Coiled Tubing Market Outlook, By Construction Industry (2020-2028) ($MN)
42 North America Coiled Tubing Market Outlook, By Other End Users (2020-2028) ($MN)
43 Europe Coiled Tubing Market Outlook, By Country (2020-2028) ($MN)
44 Europe Coiled Tubing Market Outlook, By Service (2020-2028) ($MN)
45 Europe Coiled Tubing Market Outlook, By Drilling (2020-2028) ($MN)
46 Europe Coiled Tubing Market Outlook, By Well Intervention & Production (2020-2028) ($MN)
47 Europe Coiled Tubing Market Outlook, By Well Cleaning (2020-2028) ($MN)
48 Europe Coiled Tubing Market Outlook, By Well Completion (2020-2028) ($MN)
49 Europe Coiled Tubing Market Outlook, By Other Well Intervention & Productions (2020-2028) ($MN)
50 Europe Coiled Tubing Market Outlook, By Other Services (2020-2028) ($MN)
51 Europe Coiled Tubing Market Outlook, By Operation (2020-2028) ($MN)
52 Europe Coiled Tubing Market Outlook, By Logging (2020-2028) ($MN)
53 Europe Coiled Tubing Market Outlook, By Perforation (2020-2028) ($MN)
54 Europe Coiled Tubing Market Outlook, By Pumping (2020-2028) ($MN)
55 Europe Coiled Tubing Market Outlook, By Other Operations (2020-2028) ($MN)
56 Europe Coiled Tubing Market Outlook, By Application (2020-2028) ($MN)
57 Europe Coiled Tubing Market Outlook, By Offshore (2020-2028) ($MN)
58 Europe Coiled Tubing Market Outlook, By Onshore (2020-2028) ($MN)
59 Europe Coiled Tubing Market Outlook, By End User (2020-2028) ($MN)
60 Europe Coiled Tubing Market Outlook, By Engineering Procurement (2020-2028) ($MN)
61 Europe Coiled Tubing Market Outlook, By Oil and Gas Industry (2020-2028) ($MN)
62 Europe Coiled Tubing Market Outlook, By Construction Industry (2020-2028) ($MN)
63 Europe Coiled Tubing Market Outlook, By Other End Users (2020-2028) ($MN)
64 Asia Pacific Coiled Tubing Market Outlook, By Country (2020-2028) ($MN)
65 Asia Pacific Coiled Tubing Market Outlook, By Service (2020-2028) ($MN)
66 Asia Pacific Coiled Tubing Market Outlook, By Drilling (2020-2028) ($MN)
67 Asia Pacific Coiled Tubing Market Outlook, By Well Intervention & Production (2020-2028) ($MN)
68 Asia Pacific Coiled Tubing Market Outlook, By Well Cleaning (2020-2028) ($MN)
69 Asia Pacific Coiled Tubing Market Outlook, By Well Completion (2020-2028) ($MN)
70 Asia Pacific Coiled Tubing Market Outlook, By Other Well Intervention & Productions (2020-2028) ($MN)
71 Asia Pacific Coiled Tubing Market Outlook, By Other Services (2020-2028) ($MN)
72 Asia Pacific Coiled Tubing Market Outlook, By Operation (2020-2028) ($MN)
73 Asia Pacific Coiled Tubing Market Outlook, By Logging (2020-2028) ($MN)
74 Asia Pacific Coiled Tubing Market Outlook, By Perforation (2020-2028) ($MN)
75 Asia Pacific Coiled Tubing Market Outlook, By Pumping (2020-2028) ($MN)
76 Asia Pacific Coiled Tubing Market Outlook, By Other Operations (2020-2028) ($MN)
77 Asia Pacific Coiled Tubing Market Outlook, By Application (2020-2028) ($MN)
78 Asia Pacific Coiled Tubing Market Outlook, By Offshore (2020-2028) ($MN)
79 Asia Pacific Coiled Tubing Market Outlook, By Onshore (2020-2028) ($MN)
80 Asia Pacific Coiled Tubing Market Outlook, By End User (2020-2028) ($MN)
81 Asia Pacific Coiled Tubing Market Outlook, By Engineering Procurement (2020-2028) ($MN)
82 Asia Pacific Coiled Tubing Market Outlook, By Oil and Gas Industry (2020-2028) ($MN)
83 Asia Pacific Coiled Tubing Market Outlook, By Construction Industry (2020-2028) ($MN)
84 Asia Pacific Coiled Tubing Market Outlook, By Other End Users (2020-2028) ($MN)
85 South America Coiled Tubing Market Outlook, By Country (2020-2028) ($MN)
86 South America Coiled Tubing Market Outlook, By Service (2020-2028) ($MN)
87 South America Coiled Tubing Market Outlook, By Drilling (2020-2028) ($MN)
88 South America Coiled Tubing Market Outlook, By Well Intervention & Production (2020-2028) ($MN)
89 South America Coiled Tubing Market Outlook, By Well Cleaning (2020-2028) ($MN)
90 South America Coiled Tubing Market Outlook, By Well Completion (2020-2028) ($MN)
91 South America Coiled Tubing Market Outlook, By Other Well Intervention & Productions (2020-2028) ($MN)
92 South America Coiled Tubing Market Outlook, By Other Services (2020-2028) ($MN)
93 South America Coiled Tubing Market Outlook, By Operation (2020-2028) ($MN)
94 South America Coiled Tubing Market Outlook, By Logging (2020-2028) ($MN)
95 South America Coiled Tubing Market Outlook, By Perforation (2020-2028) ($MN)
96 South America Coiled Tubing Market Outlook, By Pumping (2020-2028) ($MN)
97 South America Coiled Tubing Market Outlook, By Other Operations (2020-2028) ($MN)
98 South America Coiled Tubing Market Outlook, By Application (2020-2028) ($MN)
99 South America Coiled Tubing Market Outlook, By Offshore (2020-2028) ($MN)
100 South America Coiled Tubing Market Outlook, By Onshore (2020-2028) ($MN)
101 South America Coiled Tubing Market Outlook, By End User (2020-2028) ($MN)
102 South America Coiled Tubing Market Outlook, By Engineering Procurement (2020-2028) ($MN)
103 South America Coiled Tubing Market Outlook, By Oil and Gas Industry (2020-2028) ($MN)
104 South America Coiled Tubing Market Outlook, By Construction Industry (2020-2028) ($MN)
105 South America Coiled Tubing Market Outlook, By Other End Users (2020-2028) ($MN)
106 Middle East & Africa Coiled Tubing Market Outlook, By Country (2020-2028) ($MN)
107 Middle East & Africa Coiled Tubing Market Outlook, By Service (2020-2028) ($MN)
108 Middle East & Africa Coiled Tubing Market Outlook, By Drilling (2020-2028) ($MN)
109 Middle East & Africa Coiled Tubing Market Outlook, By Well Intervention & Production (2020-2028) ($MN)
110 Middle East & Africa Coiled Tubing Market Outlook, By Well Cleaning (2020-2028) ($MN)
111 Middle East & Africa Coiled Tubing Market Outlook, By Well Completion (2020-2028) ($MN)
112 Middle East & Africa Coiled Tubing Market Outlook, By Other Well Intervention & Productions (2020-2028) ($MN)
113 Middle East & Africa Coiled Tubing Market Outlook, By Other Services (2020-2028) ($MN)
114 Middle East & Africa Coiled Tubing Market Outlook, By Operation (2020-2028) ($MN)
115 Middle East & Africa Coiled Tubing Market Outlook, By Logging (2020-2028) ($MN)
116 Middle East & Africa Coiled Tubing Market Outlook, By Perforation (2020-2028) ($MN)
117 Middle East & Africa Coiled Tubing Market Outlook, By Pumping (2020-2028) ($MN)
118 Middle East & Africa Coiled Tubing Market Outlook, By Other Operations (2020-2028) ($MN)
119 Middle East & Africa Coiled Tubing Market Outlook, By Application (2020-2028) ($MN)
120 Middle East & Africa Coiled Tubing Market Outlook, By Offshore (2020-2028) ($MN)
121 Middle East & Africa Coiled Tubing Market Outlook, By Onshore (2020-2028) ($MN)
122 Middle East & Africa Coiled Tubing Market Outlook, By End User (2020-2028) ($MN)
123 Middle East & Africa Coiled Tubing Market Outlook, By Engineering Procurement (2020-2028) ($MN)
124 Middle East & Africa Coiled Tubing Market Outlook, By Oil and Gas Industry (2020-2028) ($MN)
125 Middle East & Africa Coiled Tubing Market Outlook, By Construction Industry (2020-2028) ($MN)
126 Middle East & Africa Coiled Tubing Market Outlook, By Other End Users (2020-2028) ($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
Frequently Asked Questions
In case of any queries regarding this report, you can contact the customer service by filing the “Inquiry Before Buy” form available on the right hand side. You may also contact us through email: info@strategymrc.com or phone: +1-301-202-5929
Yes, the samples are available for all the published reports. You can request them by filling the “Request Sample” option available in this page.
Yes, you can request a sample with your specific requirements. All the customized samples will be provided as per the requirement with the real data masked.
All our reports are available in Digital PDF format. In case if you require them in any other formats, such as PPT, Excel etc you can submit a request through “Inquiry Before Buy” form available on the right hand side. You may also contact us through email: info@strategymrc.com or phone: +1-301-202-5929
We offer a free 15% customization with every purchase. This requirement can be fulfilled for both pre and post sale. You may send your customization requirements through email at info@strategymrc.com or call us on +1-301-202-5929.
We have 3 different licensing options available in electronic format.
- Single User Licence: Allows one person, typically the buyer, to have access to the ordered product. The ordered product cannot be distributed to anyone else.
- 2-5 User Licence: Allows the ordered product to be shared among a maximum of 5 people within your organisation.
- Corporate License: Allows the product to be shared among all employees of your organisation regardless of their geographical location.
All our reports are typically be emailed to you as an attachment.
To order any available report you need to register on our website. The payment can be made either through CCAvenue or PayPal payments gateways which accept all international cards.
We extend our support to 6 months post sale. A post sale customization is also provided to cover your unmet needs in the report.
Request Customization
We provide a free 15% customization on every purchase. This requirement can be fulfilled for both pre and post sale. You may send your customization requirements through email at info@strategymrc.com or call us on +1-301-202-5929.
Note: This customization is absolutely free until it falls under the 15% bracket. If your requirement exceeds this a feasibility check will be performed. Post that, a quote will be provided along with the timelines.
WHY CHOOSE US ?
Assured Quality
Best in class reports with high standard of research integrity
24X7 Research Support
Continuous support to ensure the best customer experience.
Free Customization
Adding more values to your product of interest.
Safe & Secure Access
Providing a secured environment for all online transactions.
Trusted by 600+ Brands
Serving the most reputed brands across the world.
