Road Marking Retroreflectometer Market
PUBLISHED: 2024 ID: SMRC24860
SHARE
SHARE

Road Marking Retroreflectometer Market

Road Marking Retroreflectometer Market Forecasts to 2030 - Global Analysis By Product (Mobile Retroreflectometer, Handheld Retroreflectometer, Wireless Retroreflectometer, Portable Retroreflectometer, Infrared Retroreflectometer, Fixed Retroreflectometer and Other Products), Application and By Geography

4.8 (50 reviews)
4.8 (50 reviews)
Published: 2024 ID: SMRC24860

This report covers the impact of COVID-19 on this global market
Loading...

Years Covered

2021-2030

Estimated Year Value (2023)

US $7.74 BN

Projected Year Value (2030)

US $10.28 BN

CAGR (2023 - 2030)

6.2%

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

Asia Pacific

Highest Growing Market

Europe


According to Stratistics MRC, the Global Road Marking Retroreflectometer Market is accounted for $7.74 billion in 2023 and is expected to reach $10.28 billion by 2030 growing at a CAGR of 6.2% during the forecast period. A Road Marking Retroreflectometer is a precision measuring device designed for assessing the retro reflectivity of road markings, ensuring visibility and safety. It plays a crucial role in maintaining road infrastructure standards. These devices use advanced technologies such as imaging, infrared, laser, and wireless connectivity to evaluate the reflective properties of road markings.

According to BCF's monthly raw material price survey, in the first quarter of 2021, the price of epoxy resin increased by 60 percent over the third quarter of 2020.

Market Dynamics: 

Driver: 

Increasing infrastructure development projects

The growing emphasis on road safety, coupled with increased government investments in transportation and urban development initiatives, fuels the demand for precise and efficient retroreflectivity assessment tools. As infrastructure expands, the need for accurate road markings intensifies, amplifying the role of retroreflectometers. These devices play a pivotal role in ensuring optimal visibility and compliance with safety standards, making them indispensable in the planning, construction, and maintenance phases of diverse infrastructure projects, ultimately contributing to the market's sustained growth.

Restraint:

Limited integration with existing systems

Retroreflectometer solutions face challenges in seamlessly integrating with established traffic management and road maintenance systems. The lack of compatibility may result in operational inefficiencies, making it difficult for end-users to incorporate retroreflectometer data into their broader infrastructure management strategies. This limitation hinders the ability to achieve a cohesive and interconnected approach to road safety and maintenance.

Opportunity:

Rising airport modernization

As airports globally undergo infrastructure upgrades, the demand for precise and efficient retroreflectometers for runway and taxiway markings increases. Enhanced visibility and safety compliance are crucial aspects in aviation, driving the adoption of advanced retroreflectometer technologies. Manufacturers catering to airport authorities stand to benefit from this opportunity by providing solutions that align with the modernization efforts, ensuring optimal performance and compliance with aviation safety standards. This trend positions the road marking retroreflectometer market to capitalize on the growing needs within the airport infrastructure development sector.

Threat:

Frequently changing infrastructure policies

The road marking industry relies heavily on infrastructure policies to drive demand and investments in transportation projects. Rapid changes in regulations and policies can create uncertainty, making it challenging for manufacturers and end-users to align their strategies and investments with evolving standards. Such unpredictability can lead to delays in infrastructure projects, hesitancy in adopting new technologies like retroreflectometers, and increased compliance costs. This aspect hampers the market expansion.

Covid-19 Impact

The covid-19 pandemic has impacted the Road Marking Retroreflectometer market, causing disruptions in the supply chain, delays in infrastructure projects, and a slowdown in manufacturing activities. Lockdowns, travel restrictions, and economic uncertainties have led to decreased demand. However, as economies recover and infrastructure projects resume, there is an opportunity for the market to rebound. The emphasis on road safety and the need for efficient retroreflectivity assessment could drive the demand for these devices in post-pandemic road maintenance and construction projects.

The wireless retroreflectometer segment is expected to be the largest during the forecast period

The wireless retroreflectometer segment is estimated to have a lucrative growth. A Wireless Retroreflectometer is an advanced device used for assessing the retroreflectivity of road markings. It incorporates wireless communication capabilities, allowing seamless data transfer and integration with smart systems. This technology enables real-time monitoring of road marking performance, enhancing efficiency in maintenance and ensuring compliance with visibility standards. This innovation contributes to safer road conditions and streamlined traffic management through the integration of wireless connectivity in retroreflectometry assessments. 

The airport runways & taxiways segment is expected to have the highest CAGR during the forecast period

The airport runways & taxiways segment is anticipated to witness the highest CAGR growth during the forecast period. Road Marking Retroreflectometers play a critical role in ensuring safety and efficiency on airport runways and taxiways. By assessing retroreflectivity, these devices ensure optimal visibility of markings, enhancing pilots' ability to navigate during takeoff, landing, and taxiing. This technology aids in maintaining compliance with aviation safety standards, reducing the risk of runway incursions and improving overall airfield safety.

Region with largest share:

Asia Pacific is projected to hold the largest market share during the forecast period owing to the expanding infrastructure projects and increasing emphasis on road safety. China and India are among the fastest emerging economies in the world. The increasing concerns for road traffic safety recently led to increased demand for road marking materials to ensure lane driving. Further, the region’s government investments and key player’s strategic partnerships are expanding the market opportunities in the dynamic Asia-Pacific region.

Region with highest CAGR:

Europe is projected to have the highest CAGR over the forecast period, owing to increasing emphasis on road safety and infrastructure development. Government initiatives promoting efficient road markings to enhance visibility and compliance with safety standards are driving demand. Technological advancements, including wireless connectivity and smart city initiatives, are further propelling in the region. The market is poised for expansion as European countries prioritize the modernization of transportation infrastructure, promoting the adoption of advanced retroreflectometer solutions for effective road marking assessments.

Key players in the market

Some of the key players profiled in the Road Marking Retroreflectometer Market include Romer Labs, Data Transflective Limited, Swarco, Ennis-Flint, RoadVista, Erikal Research Corporation, Precision Products Group (PPG), Tapco, Intelligent Infrastructure Solutions (i2s), Sekisui Alveo, Cleary Bros, Vestel Traffic Systems, LTL Locators, Measure System Srl, Traffic Logix and RetroTek.

Key Developments:

In October 2021, Swarco, based in Australia, acquired Hitex, a Cheshire road marking company. The key aim of this acquisition was to spur up the market share of Hitex in the United Kingdom's Road Marking Materials industry. 

In January 2021, RetroTek launches new vehicle-mounted retroreflectometer in Australia. The RetroTek-D is the first full lane width vehicle mounted retroreflectometer that can operate day or night that is certified to EN1436, ASTM E 1710 standards. The RetroTek-D uses the latest machine vision and LED projector technology combined with powerful QuickView-Pro GPS tracking reporting software offering the potential to radically transform retroreflectivity road marking condition surveys.

Products Covered:
• Mobile Retroreflectometer
• Handheld Retroreflectometer
• Wireless Retroreflectometer
• Portable Retroreflectometer
• Infrared Retroreflectometer
• Fixed Retroreflectometer
• Other Products

Applications Covered:
• Road Construction
• Maintenance & Repair
• Airport Runways & Taxiways
• Traffic Management
• Parking Lots
• Sports Courts
• 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
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 Product Analysis              
 3.7 Application 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 Road Marking Retroreflectometer Market, By Product           
 5.1 Introduction              
 5.2 Mobile Retroreflectometer             
 5.3 Handheld Retroreflectometer             
 5.4 Wireless Retroreflectometer             
 5.5 Portable Retroreflectometer             
 5.6 Infrared Retroreflectometer             
 5.7 Fixed Retroreflectometer             
 5.8 Other Products              
                 
6 Global Road Marking Retroreflectometer Market, By Application          
 6.1 Introduction              
 6.2 Road Construction              
 6.3 Maintenance & Repair             
 6.4 Airport Runways & Taxiways             
 6.5 Traffic Management             
 6.6 Parking Lots              
 6.7 Sports Courts              
 6.8 Other Applications              
                 
7 Global Road Marking Retroreflectometer Market, By Geography          
 7.1 Introduction              
 7.2 North America              
  7.2.1 US              
  7.2.2 Canada              
  7.2.3 Mexico              
 7.3 Europe               
  7.3.1 Germany              
  7.3.2 UK              
  7.3.3 Italy              
  7.3.4 France              
  7.3.5 Spain              
  7.3.6 Rest of Europe             
 7.4 Asia Pacific              
  7.4.1 Japan              
  7.4.2 China              
  7.4.3 India              
  7.4.4 Australia              
  7.4.5 New Zealand             
  7.4.6 South Korea             
  7.4.7 Rest of Asia Pacific             
 7.5 South America              
  7.5.1 Argentina             
  7.5.2 Brazil              
  7.5.3 Chile              
  7.5.4 Rest of South America            
 7.6 Middle East & Africa             
  7.6.1 Saudi Arabia             
  7.6.2 UAE              
  7.6.3 Qatar              
  7.6.4 South Africa             
  7.6.5 Rest of Middle East & Africa            
                 
8 Key Developments               
 8.1 Agreements, Partnerships, Collaborations and Joint Ventures          
 8.2 Acquisitions & Mergers             
 8.3 New Product Launch             
 8.4 Expansions              
 8.5 Other Key Strategies             
                 
9 Company Profiling               
 9.1 Romer Labs              
 9.2 Data Transflective Limited             
 9.3 Swarco               
 9.4 Ennis-Flint              
 9.5 RoadVista              
 9.6 Erikal Research Corporation             
 9.7 Precision Products Group (PPG)            
 9.8 Tapco               
 9.9 Intelligent Infrastructure Solutions (i2s)            
 9.10 Sekisui Alveo              
 9.11 Cleary Bros              
 9.12 Vestel Traffic Systems             
 9.13 LTL Locators              
 9.14 Measure System Srl              
 9.15 Traffic Logix              
 9.16 RetroTek               
                 
List of Tables                
1 Global Road Marking Retroreflectometer Market Outlook, By Region (2021-2030) ($MN)        
2 Global Road Marking Retroreflectometer Market Outlook, By Product (2021-2030) ($MN)        
3 Global Road Marking Retroreflectometer Market Outlook, By Mobile Retroreflectometer (2021-2030) ($MN)      
4 Global Road Marking Retroreflectometer Market Outlook, By Handheld Retroreflectometer (2021-2030) ($MN)      
5 Global Road Marking Retroreflectometer Market Outlook, By Wireless Retroreflectometer (2021-2030) ($MN)      
6 Global Road Marking Retroreflectometer Market Outlook, By Portable Retroreflectometer (2021-2030) ($MN)      
7 Global Road Marking Retroreflectometer Market Outlook, By Infrared Retroreflectometer (2021-2030) ($MN)      
8 Global Road Marking Retroreflectometer Market Outlook, By Fixed Retroreflectometer (2021-2030) ($MN)      
9 Global Road Marking Retroreflectometer Market Outlook, By Other Products (2021-2030) ($MN)       
10 Global Road Marking Retroreflectometer Market Outlook, By Application (2021-2030) ($MN)        
11 Global Road Marking Retroreflectometer Market Outlook, By Road Construction (2021-2030) ($MN)       
12 Global Road Marking Retroreflectometer Market Outlook, By Maintenance & Repair (2021-2030) ($MN)       
13 Global Road Marking Retroreflectometer Market Outlook, By Airport Runways & Taxiways (2021-2030) ($MN)      
14 Global Road Marking Retroreflectometer Market Outlook, By Traffic Management (2021-2030) ($MN)       
15 Global Road Marking Retroreflectometer Market Outlook, By Parking Lots (2021-2030) ($MN)        
16 Global Road Marking Retroreflectometer Market Outlook, By Sports Courts (2021-2030) ($MN)       
17 Global Road Marking Retroreflectometer Market Outlook, By Other Applications (2021-2030) ($MN)       
18 North America Road Marking Retroreflectometer Market Outlook, By Country (2021-2030) ($MN)       
19 North America Road Marking Retroreflectometer Market Outlook, By Product (2021-2030) ($MN)       
20 North America Road Marking Retroreflectometer Market Outlook, By Mobile Retroreflectometer (2021-2030) ($MN)     
21 North America Road Marking Retroreflectometer Market Outlook, By Handheld Retroreflectometer (2021-2030) ($MN)     
22 North America Road Marking Retroreflectometer Market Outlook, By Wireless Retroreflectometer (2021-2030) ($MN)     
23 North America Road Marking Retroreflectometer Market Outlook, By Portable Retroreflectometer (2021-2030) ($MN)     
24 North America Road Marking Retroreflectometer Market Outlook, By Infrared Retroreflectometer (2021-2030) ($MN)     
25 North America Road Marking Retroreflectometer Market Outlook, By Fixed Retroreflectometer (2021-2030) ($MN)     
26 North America Road Marking Retroreflectometer Market Outlook, By Other Products (2021-2030) ($MN)       
27 North America Road Marking Retroreflectometer Market Outlook, By Application (2021-2030) ($MN)       
28 North America Road Marking Retroreflectometer Market Outlook, By Road Construction (2021-2030) ($MN)      
29 North America Road Marking Retroreflectometer Market Outlook, By Maintenance & Repair (2021-2030) ($MN)      
30 North America Road Marking Retroreflectometer Market Outlook, By Airport Runways & Taxiways (2021-2030) ($MN)     
31 North America Road Marking Retroreflectometer Market Outlook, By Traffic Management (2021-2030) ($MN)      
32 North America Road Marking Retroreflectometer Market Outlook, By Parking Lots (2021-2030) ($MN)       
33 North America Road Marking Retroreflectometer Market Outlook, By Sports Courts (2021-2030) ($MN)       
34 North America Road Marking Retroreflectometer Market Outlook, By Other Applications (2021-2030) ($MN)      
35 Europe Road Marking Retroreflectometer Market Outlook, By Country (2021-2030) ($MN)        
36 Europe Road Marking Retroreflectometer Market Outlook, By Product (2021-2030) ($MN)        
37 Europe Road Marking Retroreflectometer Market Outlook, By Mobile Retroreflectometer (2021-2030) ($MN)      
38 Europe Road Marking Retroreflectometer Market Outlook, By Handheld Retroreflectometer (2021-2030) ($MN)      
39 Europe Road Marking Retroreflectometer Market Outlook, By Wireless Retroreflectometer (2021-2030) ($MN)      
40 Europe Road Marking Retroreflectometer Market Outlook, By Portable Retroreflectometer (2021-2030) ($MN)      
41 Europe Road Marking Retroreflectometer Market Outlook, By Infrared Retroreflectometer (2021-2030) ($MN)      
42 Europe Road Marking Retroreflectometer Market Outlook, By Fixed Retroreflectometer (2021-2030) ($MN)      
43 Europe Road Marking Retroreflectometer Market Outlook, By Other Products (2021-2030) ($MN)       
44 Europe Road Marking Retroreflectometer Market Outlook, By Application (2021-2030) ($MN)        
45 Europe Road Marking Retroreflectometer Market Outlook, By Road Construction (2021-2030) ($MN)       
46 Europe Road Marking Retroreflectometer Market Outlook, By Maintenance & Repair (2021-2030) ($MN)       
47 Europe Road Marking Retroreflectometer Market Outlook, By Airport Runways & Taxiways (2021-2030) ($MN)      
48 Europe Road Marking Retroreflectometer Market Outlook, By Traffic Management (2021-2030) ($MN)       
49 Europe Road Marking Retroreflectometer Market Outlook, By Parking Lots (2021-2030) ($MN)        
50 Europe Road Marking Retroreflectometer Market Outlook, By Sports Courts (2021-2030) ($MN)       
51 Europe Road Marking Retroreflectometer Market Outlook, By Other Applications (2021-2030) ($MN)       
52 Asia Pacific Road Marking Retroreflectometer Market Outlook, By Country (2021-2030) ($MN)        
53 Asia Pacific Road Marking Retroreflectometer Market Outlook, By Product (2021-2030) ($MN)        
54 Asia Pacific Road Marking Retroreflectometer Market Outlook, By Mobile Retroreflectometer (2021-2030) ($MN)      
55 Asia Pacific Road Marking Retroreflectometer Market Outlook, By Handheld Retroreflectometer (2021-2030) ($MN)     
56 Asia Pacific Road Marking Retroreflectometer Market Outlook, By Wireless Retroreflectometer (2021-2030) ($MN)      
57 Asia Pacific Road Marking Retroreflectometer Market Outlook, By Portable Retroreflectometer (2021-2030) ($MN)      
58 Asia Pacific Road Marking Retroreflectometer Market Outlook, By Infrared Retroreflectometer (2021-2030) ($MN)      
59 Asia Pacific Road Marking Retroreflectometer Market Outlook, By Fixed Retroreflectometer (2021-2030) ($MN)      
60 Asia Pacific Road Marking Retroreflectometer Market Outlook, By Other Products (2021-2030) ($MN)       
61 Asia Pacific Road Marking Retroreflectometer Market Outlook, By Application (2021-2030) ($MN)       
62 Asia Pacific Road Marking Retroreflectometer Market Outlook, By Road Construction (2021-2030) ($MN)       
63 Asia Pacific Road Marking Retroreflectometer Market Outlook, By Maintenance & Repair (2021-2030) ($MN)      
64 Asia Pacific Road Marking Retroreflectometer Market Outlook, By Airport Runways & Taxiways (2021-2030) ($MN)      
65 Asia Pacific Road Marking Retroreflectometer Market Outlook, By Traffic Management (2021-2030) ($MN)      
66 Asia Pacific Road Marking Retroreflectometer Market Outlook, By Parking Lots (2021-2030) ($MN)       
67 Asia Pacific Road Marking Retroreflectometer Market Outlook, By Sports Courts (2021-2030) ($MN)       
68 Asia Pacific Road Marking Retroreflectometer Market Outlook, By Other Applications (2021-2030) ($MN)      
69 South America Road Marking Retroreflectometer Market Outlook, By Country (2021-2030) ($MN)       
70 South America Road Marking Retroreflectometer Market Outlook, By Product (2021-2030) ($MN)       
71 South America Road Marking Retroreflectometer Market Outlook, By Mobile Retroreflectometer (2021-2030) ($MN)     
72 South America Road Marking Retroreflectometer Market Outlook, By Handheld Retroreflectometer (2021-2030) ($MN)     
73 South America Road Marking Retroreflectometer Market Outlook, By Wireless Retroreflectometer (2021-2030) ($MN)     
74 South America Road Marking Retroreflectometer Market Outlook, By Portable Retroreflectometer (2021-2030) ($MN)     
75 South America Road Marking Retroreflectometer Market Outlook, By Infrared Retroreflectometer (2021-2030) ($MN)     
76 South America Road Marking Retroreflectometer Market Outlook, By Fixed Retroreflectometer (2021-2030) ($MN)     
77 South America Road Marking Retroreflectometer Market Outlook, By Other Products (2021-2030) ($MN)       
78 South America Road Marking Retroreflectometer Market Outlook, By Application (2021-2030) ($MN)       
79 South America Road Marking Retroreflectometer Market Outlook, By Road Construction (2021-2030) ($MN)      
80 South America Road Marking Retroreflectometer Market Outlook, By Maintenance & Repair (2021-2030) ($MN)      
81 South America Road Marking Retroreflectometer Market Outlook, By Airport Runways & Taxiways (2021-2030) ($MN)     
82 South America Road Marking Retroreflectometer Market Outlook, By Traffic Management (2021-2030) ($MN)      
83 South America Road Marking Retroreflectometer Market Outlook, By Parking Lots (2021-2030) ($MN)       
84 South America Road Marking Retroreflectometer Market Outlook, By Sports Courts (2021-2030) ($MN)       
85 South America Road Marking Retroreflectometer Market Outlook, By Other Applications (2021-2030) ($MN)      
86 Middle East & Africa Road Marking Retroreflectometer Market Outlook, By Country (2021-2030) ($MN)       
87 Middle East & Africa Road Marking Retroreflectometer Market Outlook, By Product (2021-2030) ($MN)       
88 Middle East & Africa Road Marking Retroreflectometer Market Outlook, By Mobile Retroreflectometer (2021-2030) ($MN)     
89 Middle East & Africa Road Marking Retroreflectometer Market Outlook, By Handheld Retroreflectometer (2021-2030) ($MN)     
90 Middle East & Africa Road Marking Retroreflectometer Market Outlook, By Wireless Retroreflectometer (2021-2030) ($MN)     
91 Middle East & Africa Road Marking Retroreflectometer Market Outlook, By Portable Retroreflectometer (2021-2030) ($MN)     
92 Middle East & Africa Road Marking Retroreflectometer Market Outlook, By Infrared Retroreflectometer (2021-2030) ($MN)     
93 Middle East & Africa Road Marking Retroreflectometer Market Outlook, By Fixed Retroreflectometer (2021-2030) ($MN)     
94 Middle East & Africa Road Marking Retroreflectometer Market Outlook, By Other Products (2021-2030) ($MN)      
95 Middle East & Africa Road Marking Retroreflectometer Market Outlook, By Application (2021-2030) ($MN)      
96 Middle East & Africa Road Marking Retroreflectometer Market Outlook, By Road Construction (2021-2030) ($MN)      
97 Middle East & Africa Road Marking Retroreflectometer Market Outlook, By Maintenance & Repair (2021-2030) ($MN)     
98 Middle East & Africa Road Marking Retroreflectometer Market Outlook, By Airport Runways & Taxiways (2021-2030) ($MN)     
99 Middle East & Africa Road Marking Retroreflectometer Market Outlook, By Traffic Management (2021-2030) ($MN)     
100 Middle East & Africa Road Marking Retroreflectometer Market Outlook, By Parking Lots (2021-2030) ($MN)      
101 Middle East & Africa Road Marking Retroreflectometer Market Outlook, By Sports Courts (2021-2030) ($MN)      
102 Middle East & Africa Road Marking Retroreflectometer Market Outlook, By Other Applications (2021-2030) ($MN)      
                

List of Figures

RESEARCH METHODOLOGY


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

Assured Quality

Best in class reports with high standard of research integrity

24X7 Research Support

24X7 Research Support

Continuous support to ensure the best customer experience.

Free Customization

Free Customization

Adding more values to your product of interest.

Safe and Secure Access

Safe & Secure Access

Providing a secured environment for all online transactions.

Trusted by 600+ Brands

Trusted by 600+ Brands

Serving the most reputed brands across the world.

Testimonials