Robo Taxi Market
Robo-Taxi - Global Market Outlook (2019-2027)
According to Stratistics MRC, the Global Robo-Taxi Market is accounted for $0.13 billion in 2019 and is expected to reach $7.42 billion by 2027 growing at a CAGR of 65.8% during the forecast period. Increase in government initiatives, rise in investments by the top players in the automation industry and increasing demand for fuel-efficient and emission-free vehicles are some of the factors propelling the growth of the market. However, high R&D cost for implementation and cyber-security threats are hampering the growth of the market.
Robo-taxies are the self-driving taxis that are autonomous vehicles, which are operated by an on-demand mobility service. The emergence of robo-taxi is driven by its benefits, such as getting better fleet management and dropping the cost of ownership.
Based on the vehicle, the car segment is anticipated to hold considerable market share during the forecast period due to the robotic assistance used for delivery, supplies pick up, and other routine tasks by autonomous cars for small businesses and adopting advanced production technologies in the race to deploy autonomous vehicles. By geography, Asia Pacific is expected to grow at a significant market share during the forecast period owing to the growing concern about pollution, increasing the number of vehicles on the road that has led to traffic congestion and increasing demand for electric cars in China and Japan.
Some of the key players profiled in the Robo-Taxi Market include NAVYA SAS, Waymo LLC (Google), Nutonomy (Aptiv), Uber Technologies, MOIA, Cruise Automation (General Motors), Ridecell Inc, AB Volvo, Beijing Xiaoju Technology Co., Ltd., Tesla, Easy Ride (Nissan & Dena), Daimler AG, Lyft Inc., Ford Motor Company, Volkswagen Group, Volvo, Zoox, EasyMile, Didi Chuxing Technology Co, and ZF Friedrichshafen AG.
Vehicles Covered:
• Shuttle
• Goods Van
• Car
Services Covered:
• Station-based Car Sharing
• Rental
Level of Autonomies Covered:
• Level 5 (L5)
• Level 4 (L4)
Propulsions Covered:
• Electric/Fully Electric
• Fuel Cell
• Hybrid
• Internal Combustion Engine (ICE)
Components Covered:
• Ultrasonic Sensors
• Radar
• Camera
• Light Detection and Ranging (LiDAR)
Applications Covered:
• Freight
• Passenger Transportation
End Users Covered:
• Residential
• Non-Residential
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 2018, 2019, 2020, 2024 and 2027
- 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 Robo-Taxi Market, By Vehicle
5.1 Introduction
5.2 Shuttle
5.3 Goods Van
5.4 Car
6 Global Robo-Taxi Market, By Service
6.1 Introduction
6.2 Station-based Car Sharing
6.3 Rental
7 Global Robo-Taxi Market, By Level of Autonomy
7.1 Introduction
7.2 Level 5 (L5)
7.3 Level 4 (L4)
8 Global Robo-Taxi Market, By Propulsion
8.1 Introduction
8.2 Electric/Fully Electric
8.3 Fuel Cell
8.4 Hybrid
8.5 Internal Combustion Engine (ICE)
9 Global Robo-Taxi Market, By Component
9.1 Introduction
9.2 Ultrasonic Sensors
9.3 Radar
9.4 Camera
9.5 Light Detection and Ranging (LiDAR)
10 Global Robo-Taxi Market, By Application
10.1 Introduction
10.2 Freight
10.3 Passenger Transportation
11 Global Robo-Taxi Market, By End User
11.1 Introduction
11.2 Residential
11.3 Non-Residential
12 Global Robo-Taxi Market, By Geography
12.1 Introduction
12.2 North America
12.2.1 US
12.2.2 Canada
12.2.3 Mexico
12.3 Europe
12.3.1 Germany
12.3.2 UK
12.3.3 Italy
12.3.4 France
12.3.5 Spain
12.3.6 Rest of Europe
12.4 Asia Pacific
12.4.1 Japan
12.4.2 China
12.4.3 India
12.4.4 Australia
12.4.5 New Zealand
12.4.6 South Korea
12.4.7 Rest of Asia Pacific
12.5 South America
12.5.1 Argentina
12.5.2 Brazil
12.5.3 Chile
12.5.4 Rest of South America
12.6 Middle East & Africa
12.6.1 Saudi Arabia
12.6.2 UAE
12.6.3 Qatar
12.6.4 South Africa
12.6.5 Rest of Middle East & Africa
13 Key Developments
13.1 Agreements, Partnerships, Collaborations and Joint Ventures
13.2 Acquisitions & Mergers
13.3 New Product Launch
13.4 Expansions
13.5 Other Key Strategies
14 Company Profiling
14.1 Navya SAS
14.2 Waymo LLC (Google)
14.3 Nutonomy (Aptiv)
14.4 Uber Technologies
14.5 MOIA
14.6 Cruise Automation (General Motors)
14.7 Ridecell Inc
14.8 AB Volvo
14.9 Beijing Xiaoju Technology Co., Ltd.
14.10 Tesla
14.11 Easy Ride (Nissan & Dena)
14.12 Daimler AG
14.13 Lyft Inc.
14.14 Ford Motor Company
14.15 Volkswagen Group
14.16 Volvo
14.17 Zoox
14.18 EasyMile
14.19 Didi Chuxing Technology Co
14.20 ZF Friedrichshafen AG
List of Tables
1 Global Robo-Taxi Market Outlook, By Region (2018-2027) ($MN)
2 Global Robo-Taxi Market Outlook, By Vehicle (2018-2027) ($MN)
3 Global Robo-Taxi Market Outlook, By Shuttle (2018-2027) ($MN)
4 Global Robo-Taxi Market Outlook, By Goods Van (2018-2027) ($MN)
5 Global Robo-Taxi Market Outlook, By Car (2018-2027) ($MN)
6 Global Robo-Taxi Market Outlook, By Service (2018-2027) ($MN)
7 Global Robo-Taxi Market Outlook, By Station-based Car Sharing (2018-2027) ($MN)
8 Global Robo-Taxi Market Outlook, By Rental (2018-2027) ($MN)
9 Global Robo-Taxi Market Outlook, By Level of Autonomy (2018-2027) ($MN)
10 Global Robo-Taxi Market Outlook, By Level 5 (L5) (2018-2027) ($MN)
11 Global Robo-Taxi Market Outlook, By Level 4 (L4) (2018-2027) ($MN)
12 Global Robo-Taxi Market Outlook, By Propulsion (2018-2027) ($MN)
13 Global Robo-Taxi Market Outlook, By Electric/Fully Electric (2018-2027) ($MN)
14 Global Robo-Taxi Market Outlook, By Fuel Cell (2018-2027) ($MN)
15 Global Robo-Taxi Market Outlook, By Hybrid (2018-2027) ($MN)
16 Global Robo-Taxi Market Outlook, By Internal Combustion Engine (ICE) (2018-2027) ($MN)
17 Global Robo-Taxi Market Outlook, By Global Robo-Taxi Market, By Component (2018-2027) ($MN)
18 Global Robo-Taxi Market Outlook, By Ultrasonic Sensors (2018-2027) ($MN)
19 Global Robo-Taxi Market Outlook, By Radar (2018-2027) ($MN)
20 Global Robo-Taxi Market Outlook, By Camera (2018-2027) ($MN)
21 Global Robo-Taxi Market Outlook, By Light Detection and Ranging (LiDAR) (2018-2027) ($MN)
22 Global Robo-Taxi Market Outlook, By Application (2018-2027) ($MN)
23 Global Robo-Taxi Market Outlook, By Freight (2018-2027) ($MN)
24 Global Robo-Taxi Market Outlook, By Passenger Transportation (2018-2027) ($MN)
25 Global Robo-Taxi Market Outlook, By End User (2018-2027) ($MN)
26 Global Robo-Taxi Market Outlook, By Residential (2018-2027) ($MN)
27 Global Robo-Taxi Market Outlook, By Non-Residential (2018-2027) ($MN)
28 North America Robo-Taxi Market Outlook, By Country (2018-2027) ($MN)
29 North America Robo-Taxi Market Outlook, By Vehicle (2018-2027) ($MN)
30 North America Robo-Taxi Market Outlook, By Shuttle (2018-2027) ($MN)
31 North America Robo-Taxi Market Outlook, By Goods Van (2018-2027) ($MN)
32 North America Robo-Taxi Market Outlook, By Car (2018-2027) ($MN)
33 North America Robo-Taxi Market Outlook, By Service (2018-2027) ($MN)
34 North America Robo-Taxi Market Outlook, By Station-based Car Sharing (2018-2027) ($MN)
35 North America Robo-Taxi Market Outlook, By Rental (2018-2027) ($MN)
36 North America Robo-Taxi Market Outlook, By Level of Autonomy (2018-2027) ($MN)
37 North America Robo-Taxi Market Outlook, By Level 5 (L5) (2018-2027) ($MN)
38 North America Robo-Taxi Market Outlook, By Level 4 (L4) (2018-2027) ($MN)
39 North America Robo-Taxi Market Outlook, By Propulsion (2018-2027) ($MN)
40 North America Robo-Taxi Market Outlook, By Electric/Fully Electric (2018-2027) ($MN)
41 North America Robo-Taxi Market Outlook, By Fuel Cell (2018-2027) ($MN)
42 North America Robo-Taxi Market Outlook, By Hybrid (2018-2027) ($MN)
43 North America Robo-Taxi Market Outlook, By Internal Combustion Engine (ICE) (2018-2027) ($MN)
44 North America Robo-Taxi Market Outlook, By North America Robo-Taxi Market, By Component (2018-2027) ($MN)
45 North America Robo-Taxi Market Outlook, By Ultrasonic Sensors (2018-2027) ($MN)
46 North America Robo-Taxi Market Outlook, By Radar (2018-2027) ($MN)
47 North America Robo-Taxi Market Outlook, By Camera (2018-2027) ($MN)
48 North America Robo-Taxi Market Outlook, By Light Detection and Ranging (LiDAR) (2018-2027) ($MN)
49 North America Robo-Taxi Market Outlook, By Application (2018-2027) ($MN)
50 North America Robo-Taxi Market Outlook, By Freight (2018-2027) ($MN)
51 North America Robo-Taxi Market Outlook, By Passenger Transportation (2018-2027) ($MN)
52 North America Robo-Taxi Market Outlook, By End User (2018-2027) ($MN)
53 North America Robo-Taxi Market Outlook, By Residential (2018-2027) ($MN)
54 North America Robo-Taxi Market Outlook, By Non-Residential (2018-2027) ($MN)
55 Europe Robo-Taxi Market Outlook, By Country (2018-2027) ($MN)
56 Europe Robo-Taxi Market Outlook, By Vehicle (2018-2027) ($MN)
57 Europe Robo-Taxi Market Outlook, By Shuttle (2018-2027) ($MN)
58 Europe Robo-Taxi Market Outlook, By Goods Van (2018-2027) ($MN)
59 Europe Robo-Taxi Market Outlook, By Car (2018-2027) ($MN)
60 Europe Robo-Taxi Market Outlook, By Service (2018-2027) ($MN)
61 Europe Robo-Taxi Market Outlook, By Station-based Car Sharing (2018-2027) ($MN)
62 Europe Robo-Taxi Market Outlook, By Rental (2018-2027) ($MN)
63 Europe Robo-Taxi Market Outlook, By Level of Autonomy (2018-2027) ($MN)
64 Europe Robo-Taxi Market Outlook, By Level 5 (L5) (2018-2027) ($MN)
65 Europe Robo-Taxi Market Outlook, By Level 4 (L4) (2018-2027) ($MN)
66 Europe Robo-Taxi Market Outlook, By Propulsion (2018-2027) ($MN)
67 Europe Robo-Taxi Market Outlook, By Electric/Fully Electric (2018-2027) ($MN)
68 Europe Robo-Taxi Market Outlook, By Fuel Cell (2018-2027) ($MN)
69 Europe Robo-Taxi Market Outlook, By Hybrid (2018-2027) ($MN)
70 Europe Robo-Taxi Market Outlook, By Internal Combustion Engine (ICE) (2018-2027) ($MN)
71 Europe Robo-Taxi Market Outlook, By Europe Robo-Taxi Market, By Component (2018-2027) ($MN)
72 Europe Robo-Taxi Market Outlook, By Ultrasonic Sensors (2018-2027) ($MN)
73 Europe Robo-Taxi Market Outlook, By Radar (2018-2027) ($MN)
74 Europe Robo-Taxi Market Outlook, By Camera (2018-2027) ($MN)
75 Europe Robo-Taxi Market Outlook, By Light Detection and Ranging (LiDAR) (2018-2027) ($MN)
76 Europe Robo-Taxi Market Outlook, By Application (2018-2027) ($MN)
77 Europe Robo-Taxi Market Outlook, By Freight (2018-2027) ($MN)
78 Europe Robo-Taxi Market Outlook, By Passenger Transportation (2018-2027) ($MN)
79 Europe Robo-Taxi Market Outlook, By End User (2018-2027) ($MN)
80 Europe Robo-Taxi Market Outlook, By Residential (2018-2027) ($MN)
81 Europe Robo-Taxi Market Outlook, By Non-Residential (2018-2027) ($MN)
82 Asia Pacific Robo-Taxi Market Outlook, By Country (2018-2027) ($MN)
83 Asia Pacific Robo-Taxi Market Outlook, By Vehicle (2018-2027) ($MN)
84 Asia Pacific Robo-Taxi Market Outlook, By Shuttle (2018-2027) ($MN)
85 Asia Pacific Robo-Taxi Market Outlook, By Goods Van (2018-2027) ($MN)
86 Asia Pacific Robo-Taxi Market Outlook, By Car (2018-2027) ($MN)
87 Asia Pacific Robo-Taxi Market Outlook, By Service (2018-2027) ($MN)
88 Asia Pacific Robo-Taxi Market Outlook, By Station-based Car Sharing (2018-2027) ($MN)
89 Asia Pacific Robo-Taxi Market Outlook, By Rental (2018-2027) ($MN)
90 Asia Pacific Robo-Taxi Market Outlook, By Level of Autonomy (2018-2027) ($MN)
91 Asia Pacific Robo-Taxi Market Outlook, By Level 5 (L5) (2018-2027) ($MN)
92 Asia Pacific Robo-Taxi Market Outlook, By Level 4 (L4) (2018-2027) ($MN)
93 Asia Pacific Robo-Taxi Market Outlook, By Propulsion (2018-2027) ($MN)
94 Asia Pacific Robo-Taxi Market Outlook, By Electric/Fully Electric (2018-2027) ($MN)
95 Asia Pacific Robo-Taxi Market Outlook, By Fuel Cell (2018-2027) ($MN)
96 Asia Pacific Robo-Taxi Market Outlook, By Hybrid (2018-2027) ($MN)
97 Asia Pacific Robo-Taxi Market Outlook, By Internal Combustion Engine (ICE) (2018-2027) ($MN)
98 Asia Pacific Robo-Taxi Market Outlook, By Asia Pacific Robo-Taxi Market, By Component (2018-2027) ($MN)
99 Asia Pacific Robo-Taxi Market Outlook, By Ultrasonic Sensors (2018-2027) ($MN)
100 Asia Pacific Robo-Taxi Market Outlook, By Radar (2018-2027) ($MN)
101 Asia Pacific Robo-Taxi Market Outlook, By Camera (2018-2027) ($MN)
102 Asia Pacific Robo-Taxi Market Outlook, By Light Detection and Ranging (LiDAR) (2018-2027) ($MN)
103 Asia Pacific Robo-Taxi Market Outlook, By Application (2018-2027) ($MN)
104 Asia Pacific Robo-Taxi Market Outlook, By Freight (2018-2027) ($MN)
105 Asia Pacific Robo-Taxi Market Outlook, By Passenger Transportation (2018-2027) ($MN)
106 Asia Pacific Robo-Taxi Market Outlook, By End User (2018-2027) ($MN)
107 Asia Pacific Robo-Taxi Market Outlook, By Residential (2018-2027) ($MN)
108 Asia Pacific Robo-Taxi Market Outlook, By Non-Residential (2018-2027) ($MN)
109 South America Robo-Taxi Market Outlook, By Country (2018-2027) ($MN)
110 South America Robo-Taxi Market Outlook, By Vehicle (2018-2027) ($MN)
111 South America Robo-Taxi Market Outlook, By Shuttle (2018-2027) ($MN)
112 South America Robo-Taxi Market Outlook, By Goods Van (2018-2027) ($MN)
113 South America Robo-Taxi Market Outlook, By Car (2018-2027) ($MN)
114 South America Robo-Taxi Market Outlook, By Service (2018-2027) ($MN)
115 South America Robo-Taxi Market Outlook, By Station-based Car Sharing (2018-2027) ($MN)
116 South America Robo-Taxi Market Outlook, By Rental (2018-2027) ($MN)
117 South America Robo-Taxi Market Outlook, By Level of Autonomy (2018-2027) ($MN)
118 South America Robo-Taxi Market Outlook, By Level 5 (L5) (2018-2027) ($MN)
119 South America Robo-Taxi Market Outlook, By Level 4 (L4) (2018-2027) ($MN)
120 South America Robo-Taxi Market Outlook, By Propulsion (2018-2027) ($MN)
121 South America Robo-Taxi Market Outlook, By Electric/Fully Electric (2018-2027) ($MN)
122 South America Robo-Taxi Market Outlook, By Fuel Cell (2018-2027) ($MN)
123 South America Robo-Taxi Market Outlook, By Hybrid (2018-2027) ($MN)
124 South America Robo-Taxi Market Outlook, By Internal Combustion Engine (ICE) (2018-2027) ($MN)
125 South America Robo-Taxi Market Outlook, By South America Robo-Taxi Market, By Component (2018-2027) ($MN)
126 South America Robo-Taxi Market Outlook, By Ultrasonic Sensors (2018-2027) ($MN)
127 South America Robo-Taxi Market Outlook, By Radar (2018-2027) ($MN)
128 South America Robo-Taxi Market Outlook, By Camera (2018-2027) ($MN)
129 South America Robo-Taxi Market Outlook, By Light Detection and Ranging (LiDAR) (2018-2027) ($MN)
130 South America Robo-Taxi Market Outlook, By Application (2018-2027) ($MN)
131 South America Robo-Taxi Market Outlook, By Freight (2018-2027) ($MN)
132 South America Robo-Taxi Market Outlook, By Passenger Transportation (2018-2027) ($MN)
133 South America Robo-Taxi Market Outlook, By End User (2018-2027) ($MN)
134 South America Robo-Taxi Market Outlook, By Residential (2018-2027) ($MN)
135 South America Robo-Taxi Market Outlook, By Non-Residential (2018-2027) ($MN)
136 Middle East & Africa Robo-Taxi Market Outlook, By Country (2018-2027) ($MN)
137 Middle East & Africa Robo-Taxi Market Outlook, By Vehicle (2018-2027) ($MN)
138 Middle East & Africa Robo-Taxi Market Outlook, By Shuttle (2018-2027) ($MN)
139 Middle East & Africa Robo-Taxi Market Outlook, By Goods Van (2018-2027) ($MN)
140 Middle East & Africa Robo-Taxi Market Outlook, By Car (2018-2027) ($MN)
141 Middle East & Africa Robo-Taxi Market Outlook, By Service (2018-2027) ($MN)
142 Middle East & Africa Robo-Taxi Market Outlook, By Station-based Car Sharing (2018-2027) ($MN)
143 Middle East & Africa Robo-Taxi Market Outlook, By Rental (2018-2027) ($MN)
144 Middle East & Africa Robo-Taxi Market Outlook, By Level of Autonomy (2018-2027) ($MN)
145 Middle East & Africa Robo-Taxi Market Outlook, By Level 5 (L5) (2018-2027) ($MN)
146 Middle East & Africa Robo-Taxi Market Outlook, By Level 4 (L4) (2018-2027) ($MN)
147 Middle East & Africa Robo-Taxi Market Outlook, By Propulsion (2018-2027) ($MN)
148 Middle East & Africa Robo-Taxi Market Outlook, By Electric/Fully Electric (2018-2027) ($MN)
149 Middle East & Africa Robo-Taxi Market Outlook, By Fuel Cell (2018-2027) ($MN)
150 Middle East & Africa Robo-Taxi Market Outlook, By Hybrid (2018-2027) ($MN)
151 Middle East & Africa Robo-Taxi Market Outlook, By Internal Combustion Engine (ICE) (2018-2027) ($MN)
152 Middle East & Africa Robo-Taxi Market Outlook, By Middle East & Africa Robo-Taxi Market, By Component (2018-2027) ($MN)
153 Middle East & Africa Robo-Taxi Market Outlook, By Ultrasonic Sensors (2018-2027) ($MN)
154 Middle East & Africa Robo-Taxi Market Outlook, By Radar (2018-2027) ($MN)
155 Middle East & Africa Robo-Taxi Market Outlook, By Camera (2018-2027) ($MN)
156 Middle East & Africa Robo-Taxi Market Outlook, By Light Detection and Ranging (LiDAR) (2018-2027) ($MN)
157 Middle East & Africa Robo-Taxi Market Outlook, By Application (2018-2027) ($MN)
158 Middle East & Africa Robo-Taxi Market Outlook, By Freight (2018-2027) ($MN)
159 Middle East & Africa Robo-Taxi Market Outlook, By Passenger Transportation (2018-2027) ($MN)
160 Middle East & Africa Robo-Taxi Market Outlook, By End User (2018-2027) ($MN)
161 Middle East & Africa Robo-Taxi Market Outlook, By Residential (2018-2027) ($MN)
162 Middle East & Africa Robo-Taxi Market Outlook, By Non-Residential (2018-2027) ($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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