Natural Gas Analyzer Market Insights 2025, Analysis and Forecast to 2030, by Manufacturers, Regions, Technology, Application, Product Type
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Introduction
Natural gas analyzers are precision instruments designed to measure the composition and quality of natural gas during production, processing, and transportation. The industry is characterized by its emphasis on accuracy, real-time monitoring, and compliance with safety and environmental standards. Available in portable and benchtop forms, these analyzers support the expanding natural gas sector, driven by energy demand, shale gas growth, and renewable gas integration. Advances in gas chromatography and sensor technology are key growth factors.
Market Size and Growth Forecast
The global natural gas analyzer market was valued at USD 550 million to USD 600 million in 2024, with an estimated CAGR of 5.0% to 7.0% from 2025 to 2030, fueled by energy sector expansion and regulatory requirements.
Regional Analysis
North America grows at 5.5-7.5%, with the United States leading due to shale gas production; trends focus on real-time analytics for quality control.
Europe sees a growth rate of 5-7%, with Germany advancing gas infrastructure; trends emphasize emissions monitoring and compliance.
Asia Pacific exhibits a growth rate of 6-8%, led by China’s rising energy demand; trends highlight cost-effective solutions for processing.
The Rest of the World grows at 4.5-6.5%, with Australia expanding LNG exports; trends focus on ensuring export quality standards.
Application Analysis
Natural Gas Processing and Transportation grows at 5-7%, ensuring pipeline and facility quality; trends favor automation and continuous monitoring.
Natural Gas Production grows at 5.5-7.5%, optimizing extraction processes; trends emphasize efficiency and safety in upstream operations.
Type Analysis
Portable Natural Gas Analyzers grow at 5.5-7.5%, valued for field use in remote sites; trends focus on mobility and ease of deployment.
Benchtop Natural Gas Analyzers grow at 5-7%, used in laboratories for detailed analysis; trends highlight precision and advanced capabilities.
Key Market Players
Agilent, from Santa Clara, California, USA, offers advanced gas analysis solutions for energy applications; its technologies ensure high accuracy in natural gas composition measurement.
ABB, based in Zurich, Switzerland, provides robust analyzers for industrial use; its systems integrate with energy infrastructure for real-time monitoring.
PerkinElmer, headquartered in Waltham, Massachusetts, USA, specializes in analytical instruments for gas quality; it serves the energy sector with reliable solutions.
Shimadzu, from Kyoto, Japan, delivers high-precision gas analyzers; its equipment supports detailed analysis for production and processing.
Thermo Fisher Scientific, based in Waltham, Massachusetts, USA, offers comprehensive gas analysis tools; its solutions cater to both lab and field applications in the gas industry.
MEECO, from Warrington, Pennsylvania, USA, focuses on moisture and gas analyzers; it provides specialized tools for natural gas quality control.
Modcon Systems, headquartered in Akko, Israel, provides process analytics for energy; its analyzers optimize gas processing and transportation.
Tunable, based in Oslo, Norway, specializes in laser-based gas analyzers; its innovative technology enhances precision in gas measurement.
Sensirion (Qmicro), from Stäfa, Switzerland, offers compact gas analysis solutions; its portable analyzers serve field applications effectively.
Cubic Instruments, headquartered in Wuhan, China, provides cost-effective analyzers; it supports Asia’s growing natural gas market with scalable solutions.
Honeywell, from Charlotte, North Carolina, USA, delivers integrated gas monitoring systems; its analyzers ensure safety and efficiency in gas operations.
Emerson, based in St. Louis, Missouri, USA, offers advanced gas chromatography solutions; its technology supports diverse gas measurement needs.
SRA Instruments, from Cernusco, Italy, focuses on analytical technologies; its analyzers cater to European gas processing demands.
BACS, headquartered in Riyadh, Saudi Arabia, serves Middle Eastern gas markets; its solutions support regional energy infrastructure.
Apix Analytics, from Grenoble, France, provides innovative gas analysis tech; its compact systems enhance field and lab analysis capabilities.
Porter’s Five Forces Analysis
●The threat of new entrants is moderate, with technical barriers offset by growing demand in the energy sector.
●The threat of substitutes is low, as alternative methods like manual sampling lack the precision and speed of analyzers.
●Buyer power is moderate, with energy firms seeking reliable, high-quality equipment but limited by specialized suppliers.
●Supplier power is low, with components like sensors and electronics widely available from multiple sources.
●Competitive rivalry is high, with firms innovating in accuracy, portability, and cost to differentiate their offerings.
Market Opportunities and Challenges
Opportunities
●Shale gas growth increases demand for analyzers in production and processing.
●Renewable gas integration, such as biogas, opens new application areas.
●Regulatory focus on emissions and quality standards boosts adoption globally.
Challenges
●High equipment costs limit scalability, particularly for smaller operators.
●Complex calibration and maintenance require skilled operators, posing adoption barriers.
●Market fragmentation increases competition and pressures pricing.
Merger and Acquisition News
Safe Monitoring Group acquires MEMS AG (Date: June 2024): This acquisition enhances portable analyzer offerings with MEMS AG’s innovative gas analysis tech, strengthening field applications in natural gas monitoring.
Valmet has completed the acquisition of the Process Gas Chromatography business from Siemens (Date: September 2024): This bolsters Valmet’s benchtop analyzer capabilities, expanding its reach in gas processing and quality control markets.
ABB completes acquisition of Födisch Group (Date: October 2024): This improves ABB’s gas analysis technology portfolio, reinforcing its position in industrial natural gas applications and emissions monitoring.
Growth Trend Analysis
Emerson’s 2024 gas chromatograph launch enhances measurement for natural gas, biogas, and hydrogen, driving adoption across applications. EIA data shows a 1% U.S. shale gas decline to 81.2 Bcf/d in 2024, offset by a 6% rise in other dry gas to 22.1 Bcf/d, supporting a 5-7% CAGR through 2030, fueled by production and processing demands.
Chapter 1 Executive Summary
Chapter 2 Abbreviation and Acronyms
Chapter 3 Preface
3.1 Research Scope
3.2 Research Sources
3.2.1 Data Sources
3.2.2 Assumptions
3.3 Research Method
Chapter 4 Market Landscape
4.1 Market Overview
4.2 Classification/Types
4.3 Application/End Users
Chapter 5 Market Trend Analysis
5.1 Introduction
5.2 Drivers
5.3 Restraints
5.4 Opportunities
5.5 Threats
Chapter 6 Industry Chain Analysis
6.1 Upstream/Suppliers Analysis
6.2 Natural Gas Analyzer Analysis
6.2.1 Technology Analysis
6.2.2 Cost Analysis
6.2.3 Market Channel Analysis
6.3 Downstream Buyers/End Users
Chapter 7 Latest Market Dynamics
7.1 Latest News
7.2 Merger and Acquisition
7.3 Planned/Future Project
7.4 Policy Dynamics
Chapter 8 Trading Analysis
8.1 Export of Natural Gas Analyzer by Region
8.2 Import of Natural Gas Analyzer by Region
8.3 Balance of Trade
Chapter 9 Historical and Forecast Natural Gas Analyzer Market in North America (2020-2030)
9.1 Natural Gas Analyzer Market Size
9.2 Natural Gas Analyzer Demand by End Use
9.3 Competition by Players/Suppliers
9.4 Type Segmentation and Price
9.5 Key Countries Analysis
9.5.1 United States
9.5.2 Canada
9.5.3 Mexico
Chapter 10 Historical and Forecast Natural Gas Analyzer Market in South America (2020-2030)
10.1 Natural Gas Analyzer Market Size
10.2 Natural Gas Analyzer Demand by End Use
10.3 Competition by Players/Suppliers
10.4 Type Segmentation and Price
10.5 Key Countries Analysis
10.5.1 Brazil
10.5.2 Argentina
10.5.3 Chile
10.5.4 Peru
Chapter 11 Historical and Forecast Natural Gas Analyzer Market in Asia & Pacific (2020-2030)
11.1 Natural Gas Analyzer Market Size
11.2 Natural Gas Analyzer Demand by End Use
11.3 Competition by Players/Suppliers
11.4 Type Segmentation and Price
11.5 Key Countries Analysis
11.5.1 China
11.5.2 India
11.5.3 Japan
11.5.4 South Korea
11.5.5 Southest Asia
11.5.6 Australia
Chapter 12 Historical and Forecast Natural Gas Analyzer Market in Europe (2020-2030)
12.1 Natural Gas Analyzer Market Size
12.2 Natural Gas Analyzer Demand by End Use
12.3 Competition by Players/Suppliers
12.4 Type Segmentation and Price
12.5 Key Countries Analysis
12.5.1 Germany
12.5.2 France
12.5.3 United Kingdom
12.5.4 Italy
12.5.5 Spain
12.5.6 Belgium
12.5.7 Netherlands
12.5.8 Austria
12.5.9 Poland
12.5.10 Russia
Chapter 13 Historical and Forecast Natural Gas Analyzer Market in MEA (2020-2030)
13.1 Natural Gas Analyzer Market Size
13.2 Natural Gas Analyzer Demand by End Use
13.3 Competition by Players/Suppliers
13.4 Type Segmentation and Price
13.5 Key Countries Analysis
13.5.1 Egypt
13.5.2 Israel
13.5.3 South Africa
13.5.4 Gulf Cooperation Council Countries
13.5.5 Turkey
Chapter 14 Summary For Global Natural Gas Analyzer Market (2020-2025)
14.1 Natural Gas Analyzer Market Size
14.2 Natural Gas Analyzer Demand by End Use
14.3 Competition by Players/Suppliers
14.4 Type Segmentation and Price
Chapter 15 Global Natural Gas Analyzer Market Forecast (2025-2030)
15.1 Natural Gas Analyzer Market Size Forecast
15.2 Natural Gas Analyzer Demand Forecast
15.3 Competition by Players/Suppliers
15.4 Type Segmentation and Price Forecast
Chapter 16 Analysis of Global Key Vendors
15.1 Agilent
15.1.1 Company Profile
15.1.2 Main Business and Natural Gas Analyzer Information
15.1.3 SWOT Analysis of Agilent
15.1.4 Agilent Natural Gas Analyzer Sales, Revenue, Price and Gross Margin (2020-2025)
15.2 ABB
15.2.1 Company Profile
15.2.2 Main Business and Natural Gas Analyzer Information
15.2.3 SWOT Analysis of ABB
15.2.4 ABB Natural Gas Analyzer Sales, Revenue, Price and Gross Margin (2020-2025)
15.3 PerkinElmer
15.3.1 Company Profile
15.3.2 Main Business and Natural Gas Analyzer Information
15.3.3 SWOT Analysis of PerkinElmer
15.3.4 PerkinElmer Natural Gas Analyzer Sales, Revenue, Price and Gross Margin (2020-2025)
15.4 Shimadzu
15.4.1 Company Profile
15.4.2 Main Business and Natural Gas Analyzer Information
15.4.3 SWOT Analysis of Shimadzu
15.4.4 Shimadzu Natural Gas Analyzer Sales, Revenue, Price and Gross Margin (2020-2025)
15.5 Thermo Fisher Scientific
15.5.1 Company Profile
15.5.2 Main Business and Natural Gas Analyzer Information
15.5.3 SWOT Analysis of Thermo Fisher Scientific
15.5.4 Thermo Fisher Scientific Natural Gas Analyzer Sales, Revenue, Price and Gross Margin (2020-2025)
15.6 MEECO
15.6.1 Company Profile
15.6.2 Main Business and Natural Gas Analyzer Information
15.6.3 SWOT Analysis of MEECO
15.6.4 MEECO Natural Gas Analyzer Sales, Revenue, Price and Gross Margin (2020-2025)
15.7 Modcon Systems
15.7.1 Company Profile
15.7.2 Main Business and Natural Gas Analyzer Information
15.7.3 SWOT Analysis of Modcon Systems
15.7.4 Modcon Systems Natural Gas Analyzer Sales, Revenue, Price and Gross Margin (2020-2025)
15.8 Tunable
15.8.1 Company Profile
15.8.2 Main Business and Natural Gas Analyzer Information
15.8.3 SWOT Analysis of Tunable
15.8.4 Tunable Natural Gas Analyzer Sales, Revenue, Price and Gross Margin (2020-2025)
15.9 Sensirion (Qmicro)
15.9.1 Company Profile
15.9.2 Main Business and Natural Gas Analyzer Information
15.9.3 SWOT Analysis of Sensirion (Qmicro)
15.9.4 Sensirion (Qmicro) Natural Gas Analyzer Sales, Revenue, Price and Gross Margin (2020-2025)
15.10 Cubic Instruments
15.10.1 Company Profile
15.10.2 Main Business and Natural Gas Analyzer Information
15.10.3 SWOT Analysis of Cubic Instruments
15.10.4 Cubic Instruments Natural Gas Analyzer Sales, Revenue, Price and Gross Margin (2020-2025)
Please ask for sample pages for full companies list
Table Research Scope Of Natural Gas Analyzer Report
Table Data Sources Of Natural Gas Analyzer Report
Table Major Assumptions Of Natural Gas Analyzer Report
Table Natural Gas Analyzer Classification
Table Natural Gas Analyzer Applications List
Table Drivers Of Natural Gas Analyzer Market
Table Restraints Of Natural Gas Analyzer Market
Table Opportunities Of Natural Gas Analyzer Market
Table Threats Of Natural Gas Analyzer Market
Table Raw Materials Suppliers List
Table Different Production Methods Of Natural Gas Analyzer
Table Cost Structure Analysis Of Natural Gas Analyzer
Table Key End Users List
Table Latest News Of Natural Gas Analyzer Market
Table Merger And Acquisition List
Table Planned/Future Project Of Natural Gas Analyzer Market
Table Policy Of Natural Gas Analyzer Market
Table 2020-2030 Regional Export Of Natural Gas Analyzer
Table 2020-2030 Regional Import Of Natural Gas Analyzer
Table 2020-2030 Regional Trade Balance
Table 2020-2030 North America Natural Gas Analyzer Market Size And Market Volume List
Table 2020-2030 North America Natural Gas Analyzer Demand List By Application
Table 2020-2025 North America Natural Gas Analyzer Key Players Sales List
Table 2020-2025 North America Natural Gas Analyzer Key Players Market Share List
Table 2020-2030 North America Natural Gas Analyzer Demand List By Type
Table 2020-2025 North America Natural Gas Analyzer Price List By Type
Table 2020-2030 United States Natural Gas Analyzer Market Size And Market Volume List
Table 2020-2030 United States Natural Gas Analyzer Import & Export List
Table 2020-2030 Canada Natural Gas Analyzer Market Size And Market Volume List
Table 2020-2030 Canada Natural Gas Analyzer Import & Export List
Table 2020-2030 Mexico Natural Gas Analyzer Market Size And Market Volume List
Table 2020-2030 Mexico Natural Gas Analyzer Import & Export List
Table 2020-2030 South America Natural Gas Analyzer Market Size And Market Volume List
Table 2020-2030 South America Natural Gas Analyzer Demand List By Application
Table 2020-2025 South America Natural Gas Analyzer Key Players Sales List
Table 2020-2025 South America Natural Gas Analyzer Key Players Market Share List
Table 2020-2030 South America Natural Gas Analyzer Demand List By Type
Table 2020-2025 South America Natural Gas Analyzer Price List By Type
Table 2020-2030 Brazil Natural Gas Analyzer Market Size And Market Volume List
Table 2020-2030 Brazil Natural Gas Analyzer Import & Export List
Table 2020-2030 Argentina Natural Gas Analyzer Market Size And Market Volume List
Table 2020-2030 Argentina Natural Gas Analyzer Import & Export List
Table 2020-2030 Chile Natural Gas Analyzer Market Size And Market Volume List
Table 2020-2030 Chile Natural Gas Analyzer Import & Export List
Table 2020-2030 Peru Natural Gas Analyzer Market Size And Market Volume List
Table 2020-2030 Peru Natural Gas Analyzer Import & Export List
Table 2020-2030 Asia & Pacific Natural Gas Analyzer Market Size And Market Volume List
Table 2020-2030 Asia & Pacific Natural Gas Analyzer Demand List By Application
Table 2020-2025 Asia & Pacific Natural Gas Analyzer Key Players Sales List
Table 2020-2025 Asia & Pacific Natural Gas Analyzer Key Players Market Share List
Table 2020-2030 Asia & Pacific Natural Gas Analyzer Demand List By Type
Table 2020-2025 Asia & Pacific Natural Gas Analyzer Price List By Type
Table 2020-2030 China Natural Gas Analyzer Market Size And Market Volume List
Table 2020-2030 China Natural Gas Analyzer Import & Export List
Table 2020-2030 India Natural Gas Analyzer Market Size And Market Volume List
Table 2020-2030 India Natural Gas Analyzer Import & Export List
Table 2020-2030 Japan Natural Gas Analyzer Market Size And Market Volume List
Table 2020-2030 Japan Natural Gas Analyzer Import & Export List
Table 2020-2030 South Korea Natural Gas Analyzer Market Size And Market Volume List
Table 2020-2030 South Korea Natural Gas Analyzer Import & Export List
Table 2020-2030 Southeast Asia Natural Gas Analyzer Market Size List
Table 2020-2030 Southeast Asia Natural Gas Analyzer Market Volume List
Table 2020-2030 Southeast Asia Natural Gas Analyzer Import List
Table 2020-2030 Southeast Asia Natural Gas Analyzer Export List
Table 2020-2030 Australia Natural Gas Analyzer Market Size And Market Volume List
Table 2020-2030 Australia Natural Gas Analyzer Import & Export List
Table 2020-2030 Europe Natural Gas Analyzer Market Size And Market Volume List
Table 2020-2030 Europe Natural Gas Analyzer Demand List By Application
Table 2020-2025 Europe Natural Gas Analyzer Key Players Sales List
Table 2020-2025 Europe Natural Gas Analyzer Key Players Market Share List
Table 2020-2030 Europe Natural Gas Analyzer Demand List By Type
Table 2020-2025 Europe Natural Gas Analyzer Price List By Type
Table 2020-2030 Germany Natural Gas Analyzer Market Size And Market Volume List
Table 2020-2030 Germany Natural Gas Analyzer Import & Export List
Table 2020-2030 France Natural Gas Analyzer Market Size And Market Volume List
Table 2020-2030 France Natural Gas Analyzer Import & Export List
Table 2020-2030 United Kingdom Natural Gas Analyzer Market Size And Market Volume List
Table 2020-2030 United Kingdom Natural Gas Analyzer Import & Export List
Table 2020-2030 Italy Natural Gas Analyzer Market Size And Market Volume List
Table 2020-2030 Italy Natural Gas Analyzer Import & Export List
Table 2020-2030 Spain Natural Gas Analyzer Market Size And Market Volume List
Table 2020-2030 Spain Natural Gas Analyzer Import & Export List
Table 2020-2030 Belgium Natural Gas Analyzer Market Size And Market Volume List
Table 2020-2030 Belgium Natural Gas Analyzer Import & Export List
Table 2020-2030 Netherlands Natural Gas Analyzer Market Size And Market Volume List
Table 2020-2030 Netherlands Natural Gas Analyzer Import & Export List
Table 2020-2030 Austria Natural Gas Analyzer Market Size And Market Volume List
Table 2020-2030 Austria Natural Gas Analyzer Import & Export List
Table 2020-2030 Poland Natural Gas Analyzer Market Size And Market Volume List
Table 2020-2030 Poland Natural Gas Analyzer Import & Export List
Table 2020-2030 Russia Natural Gas Analyzer Market Size And Market Volume List
Table 2020-2030 Russia Natural Gas Analyzer Import & Export List
Table 2020-2030 Mea Natural Gas Analyzer Market Size And Market Volume List
Table 2020-2030 Mea Natural Gas Analyzer Demand List By Application
Table 2020-2025 Mea Natural Gas Analyzer Key Players Sales List
Table 2020-2025 Mea Natural Gas Analyzer Key Players Market Share List
Table 2020-2030 Mea Natural Gas Analyzer Demand List By Type
Table 2020-2025 Mea Natural Gas Analyzer Price List By Type
Table 2020-2030 Egypt Natural Gas Analyzer Market Size And Market Volume List
Table 2020-2030 Egypt Natural Gas Analyzer Import & Export List
Table 2020-2030 Israel Natural Gas Analyzer Market Size And Market Volume List
Table 2020-2030 Israel Natural Gas Analyzer Import & Export List
Table 2020-2030 South Africa Natural Gas Analyzer Market Size And Market Volume List
Table 2020-2030 South Africa Natural Gas Analyzer Import & Export List
Table 2020-2030 Gulf Cooperation Council Countries Natural Gas Analyzer Market Size And Market Volume List
Table 2020-2030 Gulf Cooperation Council Countries Natural Gas Analyzer Import & Export List
Table 2020-2030 Turkey Natural Gas Analyzer Market Size And Market Volume List
Table 2020-2030 Turkey Natural Gas Analyzer Import & Export List
Table 2020-2025 Global Natural Gas Analyzer Market Size List By Region
Table 2020-2025 Global Natural Gas Analyzer Market Size Share List By Region
Table 2020-2025 Global Natural Gas Analyzer Market Volume List By Region
Table 2020-2025 Global Natural Gas Analyzer Market Volume Share List By Region
Table 2020-2025 Global Natural Gas Analyzer Demand List By Application
Table 2020-2025 Global Natural Gas Analyzer Demand Market Share List By Application
Table 2020-2025 Global Natural Gas Analyzer Key Vendors Sales List
Table 2020-2025 Global Natural Gas Analyzer Key Vendors Sales Share List
Table 2020-2025 Global Natural Gas Analyzer Key Vendors Revenue List
Table 2020-2025 Global Natural Gas Analyzer Key Vendors Revenue Share List
Table 2020-2025 Global Natural Gas Analyzer Demand List By Type
Table 2020-2025 Global Natural Gas Analyzer Demand Market Share List By Type
Table 2020-2025 Regional Natural Gas Analyzer Price List
Table 2025-2030 Global Natural Gas Analyzer Market Size List By Region
Table 2025-2030 Global Natural Gas Analyzer Market Size Share List By Region
Table 2025-2030 Global Natural Gas Analyzer Market Volume List By Region
Table 2025-2030 Global Natural Gas Analyzer Market Volume Share List By Region
Table 2025-2030 Global Natural Gas Analyzer Demand List By Application
Table 2025-2030 Global Natural Gas Analyzer Demand Market Share List By Application
Table 2025-2030 Global Natural Gas Analyzer Key Vendors Sales List
Table 2025-2030 Global Natural Gas Analyzer Key Vendors Sales Share List
Table 2025-2030 Global Natural Gas Analyzer Key Vendors Revenue List
Table 2025-2030 Global Natural Gas Analyzer Key Vendors Revenue Share List
Table 2025-2030 Global Natural Gas Analyzer Demand List By Type
Table 2025-2030 Global Natural Gas Analyzer Demand Market Share List By Type
Table 2025-2030 Natural Gas Analyzer Regional Price List
Figure Market Size Estimated Method
Figure Major Forecasting Factors
Figure Natural Gas Analyzer Picture
Figure 2020-2030 Regional Trade Balance
Figure 2020-2030 North America Natural Gas Analyzer Market Size And Cagr
Figure 2020-2030 North America Natural Gas Analyzer Market Volume And Cagr
Figure 2020-2030 South America Natural Gas Analyzer Market Size And Cagr
Figure 2020-2030 South America Natural Gas Analyzer Market Volume And Cagr
Figure 2020-2030 Asia & Pacific Natural Gas Analyzer Market Size And Cagr
Figure 2020-2030 Asia & Pacific Natural Gas Analyzer Market Volume And Cagr
Figure 2020-2030 Europe Natural Gas Analyzer Market Size And Cagr
Figure 2020-2030 Europe Natural Gas Analyzer Market Volume And Cagr
Figure 2020-2030 Mea Natural Gas Analyzer Market Size And Cagr
Figure 2020-2030 Mea Natural Gas Analyzer Market Volume And Cagr
Figure 2020-2025 Global Natural Gas Analyzer Market Volume And Growth Rate
Figure 2020-2025 Global Natural Gas Analyzer Market Size And Growth Rate
Figure 2025-2030 Global Natural Gas Analyzer Market Volume And Growth Rate
Figure 2025-2030 Global Natural Gas Analyzer Market Size And Growth Rate
Research Methodology
- Market Estimated Methodology:
Bottom-up & top-down approach, supply & demand approach are the most important method which is used by HDIN Research to estimate the market size.
1)Top-down & Bottom-up Approach
Top-down approach uses a general market size figure and determines the percentage that the objective market represents.
Bottom-up approach size the objective market by collecting the sub-segment information.
2)Supply & Demand Approach
Supply approach is based on assessments of the size of each competitor supplying the objective market.
Demand approach combine end-user data within a market to estimate the objective market size. It is sometimes referred to as bottom-up approach.
- Forecasting Methodology
- Numerous factors impacting the market trend are considered for forecast model:
- New technology and application in the future;
- New project planned/under contraction;
- Global and regional underlying economic growth;
- Threatens of substitute products;
- Industry expert opinion;
- Policy and Society implication.
- Analysis Tools
1)PEST Analysis
PEST Analysis is a simple and widely used tool that helps our client analyze the Political, Economic, Socio-Cultural, and Technological changes in their business environment.
- Benefits of a PEST analysis:
- It helps you to spot business opportunities, and it gives you advanced warning of significant threats.
- It reveals the direction of change within your business environment. This helps you shape what you’re doing, so that you work with change, rather than against it.
- It helps you avoid starting projects that are likely to fail, for reasons beyond your control.
- It can help you break free of unconscious assumptions when you enter a new country, region, or market; because it helps you develop an objective view of this new environment.
2)Porter’s Five Force Model Analysis
The Porter’s Five Force Model is a tool that can be used to analyze the opportunities and overall competitive advantage. The five forces that can assist in determining the competitive intensity and potential attractiveness within a specific area.
- Threat of New Entrants: Profitable industries that yield high returns will attract new firms.
- Threat of Substitutes: A substitute product uses a different technology to try to solve the same economic need.
- Bargaining Power of Customers: the ability of customers to put the firm under pressure, which also affects the customer's sensitivity to price changes.
- Bargaining Power of Suppliers: Suppliers of raw materials, components, labor, and services (such as expertise) to the firm can be a source of power over the firm when there are few substitutes.
- Competitive Rivalry: For most industries the intensity of competitive rivalry is the major determinant of the competitiveness of the industry.
3)Value Chain Analysis
Value chain analysis is a tool to identify activities, within and around the firm and relating these activities to an assessment of competitive strength. Value chain can be analyzed by primary activities and supportive activities. Primary activities include: inbound logistics, operations, outbound logistics, marketing & sales, service. Support activities include: technology development, human resource management, management, finance, legal, planning.
4)SWOT Analysis
SWOT analysis is a tool used to evaluate a company's competitive position by identifying its strengths, weaknesses, opportunities and threats. The strengths and weakness is the inner factor; the opportunities and threats are the external factor. By analyzing the inner and external factors, the analysis can provide the detail information of the position of a player and the characteristics of the industry.
- Strengths describe what the player excels at and separates it from the competition
- Weaknesses stop the player from performing at its optimum level.
- Opportunities refer to favorable external factors that the player can use to give it a competitive advantage.
- Threats refer to factors that have the potential to harm the player.
- Data Sources
Primary Sources | Secondary Sources |
---|---|
Face to face/Phone Interviews with market participants, such as: Manufactures; Distributors; End-users; Experts. Online Survey |
Government/International Organization Data: Annual Report/Presentation/Fact Book Internet Source Information Industry Association Data Free/Purchased Database Market Research Report Book/Journal/News |