NEW YORK, Aug. 11, 2023 /PRNewswire/ -- The carbon fiber market size is estimated to grow by USD 2,732.91 million from 2022 to 2027, at a CAGR of 7.43% according to Technavio. Download a sample report now!
Carbon Fiber Market Insights -
- Vendors: 15+, Including 3M Co., CHINA Composites Group Corp. Ltd., DowAksa Ileri Kompozit Malzemeler San. Ltd. Sti., Evonik Industries AG, Formosa M Co. Ltd., Hexcel Corp., Hyosung Advanced Materials, Kordcarbon AS, Kureha Corp., Mitsubishi Chemical Corp., Nippon Steel Corp., Osaka Gas Co. Ltd., SAUDI ARABIAn Oil Co., SGL Carbon SE, SIMCO Global Technology and Systems Ltd., Solvay SA, Taekwang Group, Teijin Ltd., Toray Industries Inc., and UMATEX ROSATOM State Corp., among others
- Coverage: Parent market analysis; key drivers, major trends, and challenges; customer and vendor landscape; vendor product insights and recent developments; key vendors; and market positioning of vendors
- Segments: End-user (Aerospace and defense, Sports and leisure, Wind energy, Automotive, and Others), Raw Material (PAN-based, Pitch-based, and Rayon-based), and Geography (NORTH AMERICA, EUROPE, APAC, SOUTH AMERICA, and MIDDLE EAST and Africa)
To understand more about the Carbon Fiber market, request a sample report
Carbon fiber market - Company Insights
The growing competition in the market is compelling companies to adopt various growth strategies, such as promotional activities and spending on advertisements to improve the visibility of their services. Technavio report analyzes the market's competitive landscape and offers information on several market vendors, including 3M Co., CHINA Composites Group Corp. Ltd., DowAksa Ileri Kompozit Malzemeler San. Ltd. Sti., Evonik Industries AG, Formosa M Co. Ltd., Hexcel Corp., Hyosung Advanced Materials, Kordcarbon AS, Kureha Corp., Mitsubishi Chemical Corp., Nippon Steel Corp., Osaka Gas Co. Ltd., SAUDI ARABIAn Oil Co., SGL Carbon SE, SIMCO Global Technology and Systems Ltd., Solvay SA, Taekwang Group, Teijin Ltd., Toray Industries Inc., and UMATEX ROSATOM State Corp.
Carbon fiber market – Market Dynamics
Major Drivers -
- The growth of wind power capacities drives the carbon fiber market.
- Wind energy is a cost-effective renewable electricity generation source and developed regions like NORTH AMERICA and Western EUROPE lead in wind power investments globally.
- This is because turbine blades are a rapidly growing segment for carbon fiber composites.
- Furthermore, market vendors are investing in technologically advanced products for wind energy applications.
- Hence, such factors drive the carbon fiber market during the forecast period.
Significant Trends -
- The increasing demand for lightweight and high-performance materials is an emerging trend influencing the carbon fiber market growth.
- As a result of properties such as energy saving and wear resistance, lightweight and high-performance materials are used in various industrial applications, thus increasing their demand from various end-user industries.
- Properties such as a high strength-to-weight ratio, high-temperature resistance, and thermal shock resistance among others lead to various types of high-performance materials, carbon composites are the most preferred composites.
- Hence, such trends will promote the use of carbon fiber in several new application areas during the forecast period.
Key Challenges -
- The high cost of carbon fibers hinders the carbon fiber market growth.
- Carbon fibers face higher R&D and manufacturing costs compared to their substitutes. This limits their extensive use in the automotive industry, particularly for mass-produced, price-sensitive vehicles.
- Furthermore, research efforts aim to reduce the cost of carbon fiber composites.
- Additionally, rising prices of raw materials, such as resins and carbon fibers, further add to procurement costs for vendors.
- Hence, such challenges impede the market growth of carbon fiber during the forecast period.
The carbon fiber market report provides critical information and factual data, with a qualitative and quantitative study of the market based on market drivers and limitations as well as future prospects.
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What are the key data covered in this carbon fiber market report?
- CAGR of the market during the forecast period
- Detailed information on factors that will drive the growth of the carbon fiber market between 2023 and 2027
- Precise estimation of the size of the carbon fiber market and its contribution to the market with a focus on the parent market
- Accurate predictions about upcoming trends and changes in consumer behavior
- Growth of the carbon fiber market across NORTH AMERICA, EUROPE, APAC, SOUTH AMERICA, and MIDDLE EAST and Africa
- A thorough analysis of the market's competitive landscape and detailed information about vendors
- Comprehensive analysis of factors that will challenge the growth of carbon fiber market vendors
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Carbon Fiber Market Scope | |
Report Coverage | Details |
Base year | 2022 |
Historic period | 2017-2021 |
Forecast period | 2023-2027 |
Growth momentum & CAGR | Accelerate at a CAGR of 7.43% |
Market growth 2023-2027 | USD 2,732.91 million |
Market structure | Fragmented |
YoY growth 2022-2023 (%) | 5.78 |
Regional analysis | NORTH AMERICA, EUROPE, APAC, SOUTH AMERICA, and MIDDLE EAST and Africa |
Performing market contribution | NORTH AMERICA at 32% |
Key countries | US, CHINA, JAPAN, GERMANY, and RUSSIA |
Competitive landscape | Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks |
Key companies profiled | 3M Co., CHINA Composites Group Corp. Ltd., DowAksa Ileri Kompozit Malzemeler San. Ltd. Sti., Evonik Industries AG, Formosa M Co. Ltd., Hexcel Corp., Hyosung Advanced Materials, Kordcarbon AS, Kureha Corp., Mitsubishi Chemical Corp., Nippon Steel Corp., Osaka Gas Co. Ltd., SAUDI ARABIAn Oil Co., SGL Carbon SE, SIMCO Global Technology and Systems Ltd., Solvay SA, Taekwang Group, Teijin Ltd., Toray Industries Inc., and UMATEX ROSATOM State Corp. |
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. |
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 Raw Material
- 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 (USD million)
- Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 (USD 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 carbon fiber market 2017 - 2021
- Exhibit 18: Historic Market Size – Data Table on global carbon fiber market 2017 - 2021 (USD million)
- 4.2 End-user Segment Analysis 2017 - 2021
- Exhibit 19: Historic Market Size – End-user Segment 2017 - 2021 (USD million)
- 4.3 Raw Material Segment Analysis 2017 - 2021
- Exhibit 20: Historic Market Size – Raw Material Segment 2017 - 2021 (USD million)
- 4.4 Geography Segment Analysis 2017 - 2021
- Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 (USD million)
- 4.5 Country Segment Analysis 2017 - 2021
- Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 (USD 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 Aerospace and defense - Market size and forecast 2022-2027
- Exhibit 34: Chart on Aerospace and defense - Market size and forecast 2022-2027 (USD million)
- Exhibit 35: Data Table on Aerospace and defense - Market size and forecast 2022-2027 (USD million)
- Exhibit 36: Chart on Aerospace and defense - Year-over-year growth 2022-2027 (%)
- Exhibit 37: Data Table on Aerospace and defense - Year-over-year growth 2022-2027 (%)
- 6.4 Sports and leisure - Market size and forecast 2022-2027
- Exhibit 38: Chart on Sports and leisure - Market size and forecast 2022-2027 (USD million)
- Exhibit 39: Data Table on Sports and leisure - Market size and forecast 2022-2027 (USD million)
- Exhibit 40: Chart on Sports and leisure - Year-over-year growth 2022-2027 (%)
- Exhibit 41: Data Table on Sports and leisure - Year-over-year growth 2022-2027 (%)
- 6.5 Wind energy - Market size and forecast 2022-2027
- Exhibit 42: Chart on Wind energy - Market size and forecast 2022-2027 (USD million)
- Exhibit 43: Data Table on Wind energy - Market size and forecast 2022-2027 (USD million)
- Exhibit 44: Chart on Wind energy - Year-over-year growth 2022-2027 (%)
- Exhibit 45: Data Table on Wind energy - Year-over-year growth 2022-2027 (%)
- 6.6 Automotive - Market size and forecast 2022-2027
- Exhibit 46: Chart on Automotive - Market size and forecast 2022-2027 (USD million)
- Exhibit 47: Data Table on Automotive - Market size and forecast 2022-2027 (USD million)
- Exhibit 48: Chart on Automotive - Year-over-year growth 2022-2027 (%)
- Exhibit 49: Data Table on Automotive - Year-over-year growth 2022-2027 (%)
- 6.7 Others - Market size and forecast 2022-2027
- Exhibit 50: Chart on Others - Market size and forecast 2022-2027 (USD million)
- Exhibit 51: Data Table on Others - Market size and forecast 2022-2027 (USD million)
- Exhibit 52: Chart on Others - Year-over-year growth 2022-2027 (%)
- Exhibit 53: Data Table on Others - Year-over-year growth 2022-2027 (%)
- 6.8 Market opportunity by End-user
- Exhibit 54: Market opportunity by End-user (USD million)
- Exhibit 55: Data Table on Market opportunity by End-user (USD million)
7 Market Segmentation by Raw Material
- 7.1 Market segments
- Exhibit 56: Chart on Raw Material - Market share 2022-2027 (%)
- Exhibit 57: Data Table on Raw Material - Market share 2022-2027 (%)
- 7.2 Comparison by Raw Material
- Exhibit 58: Chart on Comparison by Raw Material
- Exhibit 59: Data Table on Comparison by Raw Material
- 7.3 PAN-based - Market size and forecast 2022-2027
- Exhibit 60: Chart on PAN-based - Market size and forecast 2022-2027 (USD million)
- Exhibit 61: Data Table on PAN-based - Market size and forecast 2022-2027 (USD million)
- Exhibit 62: Chart on PAN-based - Year-over-year growth 2022-2027 (%)
- Exhibit 63: Data Table on PAN-based - Year-over-year growth 2022-2027 (%)
- 7.4 Pitch-based - Market size and forecast 2022-2027
- Exhibit 64: Chart on Pitch-based - Market size and forecast 2022-2027 (USD million)
- Exhibit 65: Data Table on Pitch-based - Market size and forecast 2022-2027 (USD million)
- Exhibit 66: Chart on Pitch-based - Year-over-year growth 2022-2027 (%)
- Exhibit 67: Data Table on Pitch-based - Year-over-year growth 2022-2027 (%)
- 7.5 Rayon-based - Market size and forecast 2022-2027
- Exhibit 68: Chart on Rayon-based - Market size and forecast 2022-2027 (USD million)
- Exhibit 69: Data Table on Rayon-based - Market size and forecast 2022-2027 (USD million)
- Exhibit 70: Chart on Rayon-based - Year-over-year growth 2022-2027 (%)
- Exhibit 71: Data Table on Rayon-based - Year-over-year growth 2022-2027 (%)
- 7.6 Market opportunity by Raw Material
- Exhibit 72: Market opportunity by Raw Material (USD million)
- Exhibit 73: Data Table on Market opportunity by Raw Material (USD million)
8 Customer Landscape
- 8.1 Customer landscape overview
- Exhibit 74: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
9 Geographic Landscape
- 9.1 Geographic segmentation
- Exhibit 75: Chart on Market share by geography 2022-2027 (%)
- Exhibit 76: Data Table on Market share by geography 2022-2027 (%)
- 9.2 Geographic comparison
- Exhibit 77: Chart on Geographic comparison
- Exhibit 78: Data Table on Geographic comparison
- 9.3 NORTH AMERICA - Market size and forecast 2022-2027
- Exhibit 79: Chart on NORTH AMERICA - Market size and forecast 2022-2027 (USD million)
- Exhibit 80: Data Table on NORTH AMERICA - Market size and forecast 2022-2027 (USD million)
- Exhibit 81: Chart on NORTH AMERICA - Year-over-year growth 2022-2027 (%)
- Exhibit 82: Data Table on NORTH AMERICA - Year-over-year growth 2022-2027 (%)
- 9.4 EUROPE - Market size and forecast 2022-2027
- Exhibit 83: Chart on EUROPE - Market size and forecast 2022-2027 (USD million)
- Exhibit 84: Data Table on EUROPE - Market size and forecast 2022-2027 (USD million)
- Exhibit 85: Chart on EUROPE - Year-over-year growth 2022-2027 (%)
- Exhibit 86: Data Table on EUROPE - Year-over-year growth 2022-2027 (%)
- 9.5 APAC - Market size and forecast 2022-2027
- Exhibit 87: Chart on APAC - Market size and forecast 2022-2027 (USD million)
- Exhibit 88: Data Table on APAC - Market size and forecast 2022-2027 (USD million)
- Exhibit 89: Chart on APAC - Year-over-year growth 2022-2027 (%)
- Exhibit 90: Data Table on APAC - Year-over-year growth 2022-2027 (%)
- 9.6 SOUTH AMERICA - Market size and forecast 2022-2027
- Exhibit 91: Chart on SOUTH AMERICA - Market size and forecast 2022-2027 (USD million)
- Exhibit 92: Data Table on SOUTH AMERICA - Market size and forecast 2022-2027 (USD million)
- Exhibit 93: Chart on SOUTH AMERICA - Year-over-year growth 2022-2027 (%)
- Exhibit 94: Data Table on SOUTH AMERICA - Year-over-year growth 2022-2027 (%)
- 9.7 MIDDLE EAST and Africa - Market size and forecast 2022-2027
- Exhibit 95: Chart on MIDDLE EAST and Africa - Market size and forecast 2022-2027 (USD million)
- Exhibit 96: Data Table on MIDDLE EAST and Africa - Market size and forecast 2022-2027 (USD million)
- Exhibit 97: Chart on MIDDLE EAST and Africa - Year-over-year growth 2022-2027 (%)
- Exhibit 98: Data Table on MIDDLE EAST and Africa - Year-over-year growth 2022-2027 (%)
- 9.8 US - Market size and forecast 2022-2027
- Exhibit 99: Chart on US - Market size and forecast 2022-2027 (USD million)
- Exhibit 100: Data Table on US - Market size and forecast 2022-2027 (USD million)
- Exhibit 101: Chart on US - Year-over-year growth 2022-2027 (%)
- Exhibit 102: Data Table on US - Year-over-year growth 2022-2027 (%)
- 9.9 CHINA - Market size and forecast 2022-2027
- Exhibit 103: Chart on CHINA - Market size and forecast 2022-2027 (USD million)
- Exhibit 104: Data Table on CHINA - Market size and forecast 2022-2027 (USD million)
- Exhibit 105: Chart on CHINA - Year-over-year growth 2022-2027 (%)
- Exhibit 106: Data Table on CHINA - Year-over-year growth 2022-2027 (%)
- 9.10 GERMANY - Market size and forecast 2022-2027
- Exhibit 107: Chart on GERMANY - Market size and forecast 2022-2027 (USD million)
- Exhibit 108: Data Table on GERMANY - Market size and forecast 2022-2027 (USD million)
- Exhibit 109: Chart on GERMANY - Year-over-year growth 2022-2027 (%)
- Exhibit 110: Data Table on GERMANY - Year-over-year growth 2022-2027 (%)
- 9.11 RUSSIA - Market size and forecast 2022-2027
- Exhibit 111: Chart on RUSSIA - Market size and forecast 2022-2027 (USD million)
- Exhibit 112: Data Table on RUSSIA - Market size and forecast 2022-2027 (USD million)
- Exhibit 113: Chart on RUSSIA - Year-over-year growth 2022-2027 (%)
- Exhibit 114: Data Table on RUSSIA - Year-over-year growth 2022-2027 (%)
- 9.12 JAPAN - Market size and forecast 2022-2027
- Exhibit 115: Chart on JAPAN - Market size and forecast 2022-2027 (USD million)
- Exhibit 116: Data Table on JAPAN - Market size and forecast 2022-2027 (USD million)
- Exhibit 117: Chart on JAPAN - Year-over-year growth 2022-2027 (%)
- Exhibit 118: Data Table on JAPAN - Year-over-year growth 2022-2027 (%)
- 9.13 Market opportunity by geography
- Exhibit 119: Market opportunity by geography (USD million)
- Exhibit 120: Data Tables on Market opportunity by geography (USD million)
10 Drivers, Challenges, and Trends
- 10.1 Market drivers
- 10.2 Market challenges
- 10.3 Impact of drivers and challenges
- Exhibit 121: Impact of drivers and challenges in 2022 and 2027
- 10.4 Market trends
11 Vendor Landscape
- 11.1 Overview
- 11.2 Vendor landscape
- Exhibit 122: Overview on Criticality of inputs and Factors of differentiation
- 11.3 Landscape disruption
- Exhibit 123: Overview on factors of disruption
- 11.4 Industry risks
- Exhibit 124: Impact of key risks on business
12 Vendor Analysis
- 12.1 Vendors covered
- Exhibit 125: Vendors covered
- 12.2 Market positioning of vendors
- Exhibit 126: Matrix on vendor position and classification
- 12.3 CHINA Composites Group Corp. Ltd.
- Exhibit 127: CHINA Composites Group Corp. Ltd. - Overview
- Exhibit 128: CHINA Composites Group Corp. Ltd. - Product / Service
- Exhibit 129: CHINA Composites Group Corp. Ltd. - Key offerings
- 12.4 DowAksa Ileri Kompozit Malzemeler San. Ltd. Sti.
- Exhibit 130: DowAksa Ileri Kompozit Malzemeler San. Ltd. Sti. - Overview
- Exhibit 131: DowAksa Ileri Kompozit Malzemeler San. Ltd. Sti. - Product / Service
- Exhibit 132: DowAksa Ileri Kompozit Malzemeler San. Ltd. Sti. - Key offerings
- 12.5 Formosa M Co. Ltd.
- Exhibit 133: Formosa M Co. Ltd. - Overview
- Exhibit 134: Formosa M Co. Ltd. - Product / Service
- Exhibit 135: Formosa M Co. Ltd. - Key offerings
- 12.6 Hexcel Corp.
- Exhibit 136: Hexcel Corp. - Overview
- Exhibit 137: Hexcel Corp. - Business segments
- Exhibit 138: Hexcel Corp. - Key news
- Exhibit 139: Hexcel Corp. - Key offerings
- Exhibit 140: Hexcel Corp. - Segment focus
- 12.7 Hyosung Advanced Materials
- Exhibit 141: Hyosung Advanced Materials - Overview
- Exhibit 142: Hyosung Advanced Materials - Product / Service
- Exhibit 143: Hyosung Advanced Materials - Key offerings
- 12.8 Kureha Corp.
- Exhibit 144: Kureha Corp. - Overview
- Exhibit 145: Kureha Corp. - Business segments
- Exhibit 146: Kureha Corp. - Key offerings
- Exhibit 147: Kureha Corp. - Segment focus
- 12.9 Mitsubishi Chemical Corp.
- Exhibit 148: Mitsubishi Chemical Corp. - Overview
- Exhibit 149: Mitsubishi Chemical Corp. - Business segments
- Exhibit 150: Mitsubishi Chemical Corp. - Key news
- Exhibit 151: Mitsubishi Chemical Corp. - Key offerings
- Exhibit 152: Mitsubishi Chemical Corp. - Segment focus
- 12.10 Nippon Steel Corp.
- Exhibit 153: Nippon Steel Corp. - Overview
- Exhibit 154: Nippon Steel Corp. - Business segments
- Exhibit 155: Nippon Steel Corp. - Key offerings
- Exhibit 156: Nippon Steel Corp. - Segment focus
- 12.11 Osaka Gas Co. Ltd.
- Exhibit 157: Osaka Gas Co. Ltd. - Overview
- Exhibit 158: Osaka Gas Co. Ltd. - Business segments
- Exhibit 159: Osaka Gas Co. Ltd. - Key offerings
- Exhibit 160: Osaka Gas Co. Ltd. - Segment focus
- 12.12 SAUDI ARABIAn Oil Co.
- Exhibit 161: SAUDI ARABIAn Oil Co. - Overview
- Exhibit 162: SAUDI ARABIAn Oil Co. - Product / Service
- Exhibit 163: SAUDI ARABIAn Oil Co. - Key offerings
- 12.13 SGL Carbon SE
- Exhibit 164: SGL Carbon SE - Overview
- Exhibit 165: SGL Carbon SE - Business segments
- Exhibit 166: SGL Carbon SE - Key offerings
- Exhibit 167: SGL Carbon SE - Segment focus
- 12.14 SIMCO Global Technology and Systems Ltd.
- Exhibit 168: SIMCO Global Technology and Systems Ltd. - Overview
- Exhibit 169: SIMCO Global Technology and Systems Ltd. - Product / Service
- Exhibit 170: SIMCO Global Technology and Systems Ltd. - Key offerings
- 12.15 Solvay SA
- Exhibit 171: Solvay SA - Overview
- Exhibit 172: Solvay SA - Business segments
- Exhibit 173: Solvay SA - Key news
- Exhibit 174: Solvay SA - Key offerings
- Exhibit 175: Solvay SA - Segment focus
- 12.16 Teijin Ltd.
- Exhibit 176: Teijin Ltd. - Overview
- Exhibit 177: Teijin Ltd. - Business segments
- Exhibit 178: Teijin Ltd. - Key offerings
- Exhibit 179: Teijin Ltd. - Segment focus
- 12.17 Toray Industries Inc.
- Exhibit 180: Toray Industries Inc. - Overview
- Exhibit 181: Toray Industries Inc. - Business segments
- Exhibit 182: Toray Industries Inc. - Key offerings
- Exhibit 183: Toray Industries Inc. - Segment focus
13 Appendix
- 13.1 Scope of the report
- 13.2 Inclusions and exclusions checklist
- Exhibit 184: Inclusions checklist
- Exhibit 185: Exclusions checklist
- 13.3 Currency conversion rates for USUSD
- Exhibit 186: Currency conversion rates for USUSD
- 13.4 Research methodology
- Exhibit 187: Research methodology
- Exhibit 188: Validation techniques employed for market sizing
- Exhibit 189: Information sources
- 13.5 List of abbreviations
- Exhibit 190: List of abbreviations
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Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide 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 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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