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Power Tool Accessories Market Size To Grow By USD 758.76 Million From 2022 To 2027; Increase In Sales Of Passenger Cars To Influence Market Growth - Technavio
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NEW YORK, May 8, 2023 /PRNewswire/ -- Technavio has been monitoring the power tool accessories market, and it is expected to grow by USD 758.76 million from 2022 to 2027. As per the latest report, the market will progress at a CAGR of 5.1% during the forecast period. This report aid business leaders with an up-to-date analysis that includes the study of the current market scenario, the latest trends and drivers that are likely to influence the market growth, and the overall market environment. Increased integration of the Internet of Things (IoT) in manufacturing processes is a key trend promoting the emerging power tool accessories market. Industrial machines, such as compressors, pumps, industrial robots, and power tools, are equipped with IoT technology and the integration of IoT allows industrial machines to transmit data related to critical operating parameters such as temperature, pressure, stress, and health and performance parameters over Internet protocol (IP) to a control room or a device. Hence, such data helps in increasing the efficiency of industrial machinery, reducing its downtime, and increasing its useful life and process safety. Click & get Latest Sample Report within minutes!
Power Tool Accessories Market 2023-2027: Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our power tool accessories market report covers the following areas:
- Power Tool Accessories Market size
- Power Tool Accessories Market trends
- Power Tool Accessories Market industry analysis
- Power Tool Accessories Market five forces analysis
- Power Tool Accessories Market competitive landscape
Power Tool Accessories Market 2023-2027: Market Dynamics
Key Drivers
- The increase in sales of passenger cars is a major driver for the market growth.
- Rapid urbanization, better road infrastructure, and consumer preference for new vehicle models with high fuel efficiency and low emissions are the major factors driving the market for automobiles.
- Power tools have various applications in the automotive production line and thus, a rise in the sales or production of vehicles is expected to propel the demand for power tools and accessories.
- Moreover, the recent recovery from the economic crisis and growth in the economy has boosted the sales of commercial vehicles in the region.
- Hence, an increase in consumer preference for fuel efficiency, and low emission will drive the demand for passenger cars, thereby propelling the demand for power tools and accessories.
Major Challenges
- The high cost of power tools is the major challenge that may hinder the market growth.
- Different power tools are developed for the efficient and easy movement of goods and they are available with various capabilities and features to increase operational convenience.
- They are also available with increased usability, accurate controls, and fool-proof technology to eliminate the risks of mishandling high-speed power tools, which increase the cost of power tools.
- Thus, several small-scale industries avoid investing in efficient and effective or high-quality power tools due to the high cost of the product along with the high maintenance cost.
Power Tool Accessories Market 2023-2027: Segmentation
Power Tool Accessories Market is segmented as below:
- End-user
- Professional
- Consumer
- Type
- Drill Bits
- Screwdriver Bits
- Router Bits
- Others
- Geography
- North America
- Europe
- APAC
- South America
- Middle East And Africa
The market share growth of the professional segment will be significant for market growth during the forecast period. Professionals are ready to pay a premium price for better quality and more durable accessories because they are used continuously. Also, they are ready to adopt pneumatic and hydraulic power tools, which are generally not preferred by the consumer segment. This is because these tools require high maintenance and additional ancillary equipment. Hence, in the professional segment, a major demand for accessories is expected to arise from pneumatic and hydraulic power tools.
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What's New? -
- Special coverage on the Russia-Ukraine war; global inflation; recovery analysis from COVID-19; supply chain disruptions, global trade tensions; and risk of recession
- Global competitiveness and key competitor positions
- Market presence across multiple geographical footprints - Strong/Active/Niche/Trivial - Buy the report!
Power Tool Accessories Market 2023-2027: Vendor Analysis
The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. We provide a detailed analysis of around 25 vendors operating in the Power Tool Accessories Market, including some of the vendors such as ANDREAS STIHL AG and Co. KG, Atlas Copco AB, Bahco, Baker Hughes Co., Caterpillar Inc., Drill King International, Emerson Electric Co, Festool GmbH, Halliburton Co., Hilti Corp., KKR and Co. Inc., Koki Holdings Co. Ltd., KYOCERA corp., Makita Corp., Robert Bosch GmbH, Sandvik AB, Snap on Tools Pvt. Ltd., Stanley Black and Decker Inc., Techtronic Industries Co. Ltd., and Tools4Trade. Backed with competitive intelligence and benchmarking, our research reports on the Power Tool Accessories Market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.
Vendor Offerings
- Atlas Copco AB - The company offers power tools accessories such as circular cutter with bolting solutions, screw feeder, and torque controllers.
- Bahco - The company offers impact tools such as Impact sockets, magnetic impact socket, and safety springs for impact sockets.
- Baker Hughes Co. - The company offers power tools accessories such as iTrak applications with automated fluids monitoring, automated directional drilling and reservoir navigation, automated tripping optimization, and automated ROP optimization.
Power Tool Accessories Market 2023-2027: Key Highlights
- CAGR of the market during the forecast period 2023-2027
- Detailed information on factors that will assist power tool accessories market growth during the forecast period
- Estimation of the power tool accessories market size and its contribution to the parent market
- Predictions on upcoming trends and changes in consumer behavior
- The growth of the power tool accessories market
- Analysis of the market's competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of power tool accessories market vendors
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Related Reports:
The power tool batteries market size is expected to increase by USD 1.95 billion from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 10.91%. Furthermore, this report extensively covers power tool batteries market segmentation by type (Li-ion battery and nickel battery) and geography (North America, Europe, APAC, South America, and Middle East and Africa). The increase in consumer use of power tools is notably driving the power tool batteries market growth.
The cutting tool inserts market is estimated to grow at a CAGR of 5.93% between 2022 and 2027. The size of the market is forecast to increase by USD 2,046.36 million. This report extensively covers market segmentation by application (milling tool inserts, drilling tool inserts, rotary tool inserts, turning tool inserts, and others), type (carbide tool inserts, Cubic Boron Nitride inserts, ceramic inserts, and others), and geography (APAC, Europe, North America, South America, and Middle East and Africa). The rise in construction activities in emerging nations of APAC is notably driving the market growth.
Power Tool Accessories Market Scope |
|
Report Coverage |
Details |
Base year |
2022 |
Historic period |
2017-2021 |
Forecast period |
2023-2027 |
Growth momentum & CAGR |
Accelerate at a CAGR of 5.1% |
Market growth 2023-2027 |
USD 758.76 million |
Market structure |
Fragmented |
YoY growth 2022- 2023 (%) |
3.56 |
Regional analysis |
North America, Europe, APAC, South America, and Middle East and Africa |
Performing market contribution |
North America at 36% |
Key countries |
US, Canada, China, UK, and Germany |
Competitive landscape |
Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks |
Key companies profiled |
ANDREAS STIHL AG and Co. KG, Atlas Copco AB, Bahco, Baker Hughes Co., Caterpillar Inc., Drill King International, Emerson Electric Co, Festool GmbH, Halliburton Co., Hilti Corp., KKR and Co. Inc., Koki Holdings Co. Ltd., KYOCERA corp., Makita Corp., Robert Bosch GmbH, Sandvik AB, Snap on Tools Pvt. Ltd., Stanley Black and Decker Inc., Techtronic Industries Co. Ltd., and Tools4Trade |
Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
Browse for Technavio's Industrials Market Reports
Table Of Contents :
1 Executive Summary
- 1.1 Market overview
- Exhibit 01: Executive Summary – Chart on Market Overview
- Exhibit 02: Executive Summary – Data Table on Market Overview
- Exhibit 03: Executive Summary – Chart on Global Market Characteristics
- Exhibit 04: Executive Summary – Chart on Market by Geography
- Exhibit 05: Executive Summary – Chart on Market Segmentation by End-user
- Exhibit 06: Executive Summary – Chart on Market Segmentation by Type
- Exhibit 07: Executive Summary – Chart on Incremental Growth
- Exhibit 08: Executive Summary – Data Table on Incremental Growth
- Exhibit 09: Executive Summary – Chart on Vendor Market Positioning
2 Market Landscape
- 2.1 Market ecosystem
- Exhibit 10: Parent market
- Exhibit 11: Market Characteristics
3 Market Sizing
- 3.1 Market definition
- Exhibit 12: Offerings of vendors included in the market definition
- 3.2 Market segment analysis
- Exhibit 13: Market segments
- 3.3 Market size 2022
- 3.4 Market outlook: Forecast for 2022-2027
- Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
- Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
- Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
- Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)
4 Historic Market Size
- 4.1 Global power tool accessories market 2017 - 2021
- Exhibit 18: Historic Market Size – Data Table on Global power tool accessories market 2017 - 2021 ($ million)
- 4.2 End-users Segment Analysis 2017 - 2021
- Exhibit 19: Historic Market Size – End-users Segment 2017 - 2021 ($ million)
- 4.3 Type Segment Analysis 2017 - 2021
- Exhibit 20: Historic Market Size – Type Segment 2017 - 2021 ($ million)
- 4.4 Geography Segment Analysis 2017 - 2021
- Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ million)
- 4.5 Country Segment Analysis 2017 - 2021
- Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ million)
5 Five Forces Analysis
- 5.1 Five forces summary
- Exhibit 23: Five forces analysis - Comparison between 2022 and 2027
- 5.2 Bargaining power of buyers
- Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027
- 5.3 Bargaining power of suppliers
- Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027
- 5.4 Threat of new entrants
- Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027
- 5.5 Threat of substitutes
- Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027
- 5.6 Threat of rivalry
- Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027
- 5.7 Market condition
- Exhibit 29: Chart on Market condition - Five forces 2022 and 2027
6 Market Segmentation by End-user
- 6.1 Market segments
- Exhibit 30: Chart on End-user - Market share 2022-2027 (%)
- Exhibit 31: Data Table on End-user - Market share 2022-2027 (%)
- 6.2 Comparison by End-user
- Exhibit 32: Chart on Comparison by End-user
- Exhibit 33: Data Table on Comparison by End-user
- 6.3 Professional - Market size and forecast 2022-2027
- Exhibit 34: Chart on Professional - Market size and forecast 2022-2027 ($ million)
- Exhibit 35: Data Table on Professional - Market size and forecast 2022-2027 ($ million)
- Exhibit 36: Chart on Professional - Year-over-year growth 2022-2027 (%)
- Exhibit 37: Data Table on Professional - Year-over-year growth 2022-2027 (%)
- 6.4 Consumer - Market size and forecast 2022-2027
- Exhibit 38: Chart on Consumer - Market size and forecast 2022-2027 ($ million)
- Exhibit 39: Data Table on Consumer - Market size and forecast 2022-2027 ($ million)
- Exhibit 40: Chart on Consumer - Year-over-year growth 2022-2027 (%)
- Exhibit 41: Data Table on Consumer - Year-over-year growth 2022-2027 (%)
- 6.5 Market opportunity by End-user
- Exhibit 42: Market opportunity by End-user ($ million)
7 Market Segmentation by Type
- 7.1 Market segments
- Exhibit 43: Chart on Type - Market share 2022-2027 (%)
- Exhibit 44: Data Table on Type - Market share 2022-2027 (%)
- 7.2 Comparison by Type
- Exhibit 45: Chart on Comparison by Type
- Exhibit 46: Data Table on Comparison by Type
- 7.3 Drill bits - Market size and forecast 2022-2027
- Exhibit 47: Chart on Drill bits - Market size and forecast 2022-2027 ($ million)
- Exhibit 48: Data Table on Drill bits - Market size and forecast 2022-2027 ($ million)
- Exhibit 49: Chart on Drill bits - Year-over-year growth 2022-2027 (%)
- Exhibit 50: Data Table on Drill bits - Year-over-year growth 2022-2027 (%)
- 7.4 Screwdriver bits - Market size and forecast 2022-2027
- Exhibit 51: Chart on Screwdriver bits - Market size and forecast 2022-2027 ($ million)
- Exhibit 52: Data Table on Screwdriver bits - Market size and forecast 2022-2027 ($ million)
- Exhibit 53: Chart on Screwdriver bits - Year-over-year growth 2022-2027 (%)
- Exhibit 54: Data Table on Screwdriver bits - Year-over-year growth 2022-2027 (%)
- 7.5 Router bits - Market size and forecast 2022-2027
- Exhibit 55: Chart on Router bits - Market size and forecast 2022-2027 ($ million)
- Exhibit 56: Data Table on Router bits - Market size and forecast 2022-2027 ($ million)
- Exhibit 57: Chart on Router bits - Year-over-year growth 2022-2027 (%)
- Exhibit 58: Data Table on Router bits - Year-over-year growth 2022-2027 (%)
- 7.6 Others - Market size and forecast 2022-2027
- Exhibit 59: Chart on Others - Market size and forecast 2022-2027 ($ million)
- Exhibit 60: Data Table on Others - Market size and forecast 2022-2027 ($ million)
- Exhibit 61: Chart on Others - Year-over-year growth 2022-2027 (%)
- Exhibit 62: Data Table on Others - Year-over-year growth 2022-2027 (%)
- 7.7 Market opportunity by Type
- Exhibit 63: Market opportunity by Type ($ million)
8 Customer Landscape
- 8.1 Customer landscape overview
- Exhibit 64: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
9 Geographic Landscape
- 9.1 Geographic segmentation
- Exhibit 65: Chart on Market share by geography 2022-2027 (%)
- Exhibit 66: Data Table on Market share by geography 2022-2027 (%)
- 9.2 Geographic comparison
- Exhibit 67: Chart on Geographic comparison
- Exhibit 68: Data Table on Geographic comparison
- 9.3 North America - Market size and forecast 2022-2027
- Exhibit 69: Chart on North America - Market size and forecast 2022-2027 ($ million)
- Exhibit 70: Data Table on North America - Market size and forecast 2022-2027 ($ million)
- Exhibit 71: Chart on North America - Year-over-year growth 2022-2027 (%)
- Exhibit 72: Data Table on North America - Year-over-year growth 2022-2027 (%)
- 9.4 Europe - Market size and forecast 2022-2027
- Exhibit 73: Chart on Europe - Market size and forecast 2022-2027 ($ million)
- Exhibit 74: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
- Exhibit 75: Chart on Europe - Year-over-year growth 2022-2027 (%)
- Exhibit 76: Data Table on Europe - Year-over-year growth 2022-2027 (%)
- 9.5 APAC - Market size and forecast 2022-2027
- Exhibit 77: Chart on APAC - Market size and forecast 2022-2027 ($ million)
- Exhibit 78: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
- Exhibit 79: Chart on APAC - Year-over-year growth 2022-2027 (%)
- Exhibit 80: Data Table on APAC - Year-over-year growth 2022-2027 (%)
- 9.6 South America - Market size and forecast 2022-2027
- Exhibit 81: Chart on South America - Market size and forecast 2022-2027 ($ million)
- Exhibit 82: Data Table on South America - Market size and forecast 2022-2027 ($ million)
- Exhibit 83: Chart on South America - Year-over-year growth 2022-2027 (%)
- Exhibit 84: Data Table on South America - Year-over-year growth 2022-2027 (%)
- 9.7 Middle East and Africa - Market size and forecast 2022-2027
- Exhibit 85: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
- Exhibit 86: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
- Exhibit 87: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
- Exhibit 88: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
- 9.8 US - Market size and forecast 2022-2027
- Exhibit 89: Chart on US - Market size and forecast 2022-2027 ($ million)
- Exhibit 90: Data Table on US - Market size and forecast 2022-2027 ($ million)
- Exhibit 91: Chart on US - Year-over-year growth 2022-2027 (%)
- Exhibit 92: Data Table on US - Year-over-year growth 2022-2027 (%)
- 9.9 UK - Market size and forecast 2022-2027
- Exhibit 93: Chart on UK - Market size and forecast 2022-2027 ($ million)
- Exhibit 94: Data Table on UK - Market size and forecast 2022-2027 ($ million)
- Exhibit 95: Chart on UK - Year-over-year growth 2022-2027 (%)
- Exhibit 96: Data Table on UK - Year-over-year growth 2022-2027 (%)
- 9.10 China - Market size and forecast 2022-2027
- Exhibit 97: Chart on China - Market size and forecast 2022-2027 ($ million)
- Exhibit 98: Data Table on China - Market size and forecast 2022-2027 ($ million)
- Exhibit 99: Chart on China - Year-over-year growth 2022-2027 (%)
- Exhibit 100: Data Table on China - Year-over-year growth 2022-2027 (%)
- 9.11 Canada - Market size and forecast 2022-2027
- Exhibit 101: Chart on Canada - Market size and forecast 2022-2027 ($ million)
- Exhibit 102: Data Table on Canada - Market size and forecast 2022-2027 ($ million)
- Exhibit 103: Chart on Canada - Year-over-year growth 2022-2027 (%)
- Exhibit 104: Data Table on Canada - Year-over-year growth 2022-2027 (%)
- 9.12 Germany - Market size and forecast 2022-2027
- Exhibit 105: Chart on Germany - Market size and forecast 2022-2027 ($ million)
- Exhibit 106: Data Table on Germany - Market size and forecast 2022-2027 ($ million)
- Exhibit 107: Chart on Germany - Year-over-year growth 2022-2027 (%)
- Exhibit 108: Data Table on Germany - Year-over-year growth 2022-2027 (%)
- 9.13 Market opportunity by geography
- Exhibit 109: Market opportunity by geography ($ million)
10 Drivers, Challenges, and Trends
- 10.1 Market drivers
- 10.2 Market challenges
- 10.3 Impact of drivers and challenges
- Exhibit 110: Impact of drivers and challenges in 2022 and 2027
- 10.4 Market trends
11 Vendor Landscape
- 11.1 Overview
- 11.2 Vendor landscape
- Exhibit 111: Overview on Criticality of inputs and Factors of differentiation
- 11.3 Landscape disruption
- Exhibit 112: Overview on factors of disruption
- 11.4 Industry risks
- Exhibit 113: Impact of key risks on business
12 Vendor Analysis
- 12.1 Vendors covered
- Exhibit 114: Vendors covered
- 12.2 Market positioning of vendors
- Exhibit 115: Matrix on vendor position and classification
- 12.3 Atlas Copco AB
- Exhibit 116: Atlas Copco AB - Overview
- Exhibit 117: Atlas Copco AB - Business segments
- Exhibit 118: Atlas Copco AB - Key news
- Exhibit 119: Atlas Copco AB - Key offerings
- Exhibit 120: Atlas Copco AB - Segment focus
- 12.4 Bahco
- Exhibit 121: Bahco - Overview
- Exhibit 122: Bahco - Product / Service
- Exhibit 123: Bahco - Key offerings
- 12.5 Baker Hughes Co.
- Exhibit 124: Baker Hughes Co. - Overview
- Exhibit 125: Baker Hughes Co. - Business segments
- Exhibit 126: Baker Hughes Co. - Key news
- Exhibit 127: Baker Hughes Co. - Key offerings
- Exhibit 128: Baker Hughes Co. - Segment focus
- 12.6 Caterpillar Inc.
- Exhibit 129: Caterpillar Inc. - Overview
- Exhibit 130: Caterpillar Inc. - Business segments
- Exhibit 131: Caterpillar Inc. - Key offerings
- Exhibit 132: Caterpillar Inc. - Segment focus
- 12.7 Drill King International
- Exhibit 133: Drill King International - Overview
- Exhibit 134: Drill King International - Product / Service
- Exhibit 135: Drill King International - Key offerings
- 12.8 Emerson Electric Co
- Exhibit 136: Emerson Electric Co - Overview
- Exhibit 137: Emerson Electric Co - Business segments
- Exhibit 138: Emerson Electric Co - Key news
- Exhibit 139: Emerson Electric Co - Key offerings
- Exhibit 140: Emerson Electric Co - Segment focus
- 12.9 Festool GmbH
- Exhibit 141: Festool GmbH - Overview
- Exhibit 142: Festool GmbH - Product / Service
- Exhibit 143: Festool GmbH - Key offerings
- 12.10 Hilti Corp.
- Exhibit 144: Hilti Corp. - Overview
- Exhibit 145: Hilti Corp. - Product / Service
- Exhibit 146: Hilti Corp. - Key offerings
- 12.11 Koki Holdings Co. Ltd.
- Exhibit 147: Koki Holdings Co. Ltd. - Overview
- Exhibit 148: Koki Holdings Co. Ltd. - Product / Service
- Exhibit 149: Koki Holdings Co. Ltd. - Key offerings
- 12.12 KYOCERA corp.
- Exhibit 150: KYOCERA corp. - Overview
- Exhibit 151: KYOCERA corp. - Business segments
- Exhibit 152: KYOCERA corp. - Key news
- Exhibit 153: KYOCERA corp. - Key offerings
- Exhibit 154: KYOCERA corp. - Segment focus
- 12.13 Makita Corp.
- Exhibit 155: Makita Corp. - Overview
- Exhibit 156: Makita Corp. - Business segments
- Exhibit 157: Makita Corp. - Key offerings
- Exhibit 158: Makita Corp. - Segment focus
- 12.14 Robert Bosch GmbH
- Exhibit 159: Robert Bosch GmbH - Overview
- Exhibit 160: Robert Bosch GmbH - Business segments
- Exhibit 161: Robert Bosch GmbH - Key offerings
- Exhibit 162: Robert Bosch GmbH - Segment focus
- 12.15 Snap on Tools Pvt. Ltd.
- Exhibit 163: Snap on Tools Pvt. Ltd. - Overview
- Exhibit 164: Snap on Tools Pvt. Ltd. - Product / Service
- Exhibit 165: Snap on Tools Pvt. Ltd. - Key offerings
- 12.16 Stanley Black and Decker Inc.
- Exhibit 166: Stanley Black and Decker Inc. - Overview
- Exhibit 167: Stanley Black and Decker Inc. - Business segments
- Exhibit 168: Stanley Black and Decker Inc. - Key news
- Exhibit 169: Stanley Black and Decker Inc. - Key offerings
- Exhibit 170: Stanley Black and Decker Inc. - Segment focus
- 12.17 Techtronic Industries Co. Ltd.
- Exhibit 171: Techtronic Industries Co. Ltd. - Overview
- Exhibit 172: Techtronic Industries Co. Ltd. - Business segments
- Exhibit 173: Techtronic Industries Co. Ltd. - Key offerings
- Exhibit 174: Techtronic Industries Co. Ltd. - Segment focus
13 Appendix
- 13.1 Scope of the report
- 13.2 Inclusions and exclusions checklist
- Exhibit 175: Inclusions checklist
- Exhibit 176: Exclusions checklist
- 13.3 Currency conversion rates for US$
- Exhibit 177: Currency conversion rates for US$
- 13.4 Research methodology
- Exhibit 178: Research methodology
- Exhibit 179: Validation techniques employed for market sizing
- Exhibit 180: Information sources
- 13.5 List of abbreviations
- Exhibit 181: List of abbreviations
About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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Technavio Research
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Email: media@technavio.com
Website: www.technavio.com/
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SOURCE Technavio
First published on Mon, May 8, 2023
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