Key Insights
The European positive displacement pumps market is experiencing steady growth, projected to maintain a Compound Annual Growth Rate (CAGR) of 4.10% from 2025 to 2033. This expansion is fueled by several key factors. The robust oil and gas sector, coupled with increasing demand from the chemical and pharmaceutical industries, are significant drivers. Furthermore, the rising emphasis on water and wastewater treatment across Europe is boosting market demand for reliable and efficient pumping solutions. Growth is particularly strong in countries like Germany, the United Kingdom, and France, reflecting these nations' advanced industrial sectors and infrastructure investments. Technological advancements, such as the incorporation of smart sensors and improved energy efficiency in pump designs, are further shaping market dynamics, driving a shift towards higher-performing and more sustainable solutions. While the market faces potential restraints from fluctuating raw material prices and economic uncertainties, the overall long-term outlook remains positive, driven by the continued expansion of key end-user industries and a growing focus on environmental sustainability.
Segment-wise analysis reveals that diaphragm and piston pumps hold significant market shares, owing to their versatility and suitability across a wide range of applications. However, the progressive cavity and peristaltic pump segments are also experiencing robust growth due to their suitability for handling viscous fluids and delicate materials, particularly within the food and beverage and pharmaceutical sectors. Competitive analysis shows a landscape dominated by established players like Sulzer Ltd, Ingersoll Rand, and Alfa Laval, alongside regional players with strong market positions within specific niches. This competitive landscape is characterized by ongoing innovation, strategic partnerships, and mergers & acquisitions, all of which are shaping the market's competitive dynamics and driving the continuous improvement of available technologies. The market's future success hinges on adapting to evolving industry regulations related to environmental impact and embracing the opportunities presented by Industry 4.0 technologies.

Europe Positive Displacement Pumps Market: A Comprehensive Market Report (2019-2033)
This comprehensive report provides an in-depth analysis of the Europe Positive Displacement Pumps market, encompassing market dynamics, growth trends, regional dominance, product landscape, and key players. The report covers the period 2019-2033, with a base year of 2025 and a forecast period of 2025-2033. The market is segmented by type (Diaphragm, Piston, Gear, Lobe, Progressive Cavity, Screw, Vane, Peristaltic), end-user industry (Oil & Gas, Chemicals, Food & Beverage, Water & Wastewater, Pharmaceutical, Power, Other), and country (United Kingdom, Germany, France, Rest of Europe). The total market size is projected to reach xx Million units by 2033.
Europe Positive Displacement Pumps Market Dynamics & Structure
The Europe Positive Displacement Pumps market is characterized by a moderately consolidated structure, with key players holding significant market share. Market concentration is expected to remain relatively stable during the forecast period, although potential M&A activity could alter the landscape. Technological innovation, particularly in materials science and pump design, is a key driver, pushing efficiency and expanding applications. Stringent environmental regulations are also shaping market trends, encouraging the adoption of energy-efficient and sustainable pump technologies. Competitive pressures from alternative pumping technologies (e.g., centrifugal pumps) exist, but positive displacement pumps retain a strong niche in applications requiring precise flow rate control and high viscosity handling.
- Market Concentration: Moderately consolidated, with top 10 players holding approximately xx% market share in 2024.
- Technological Innovation: Focus on energy efficiency, smart technologies, and material advancements.
- Regulatory Framework: Increasingly stringent environmental regulations drive demand for sustainable pumps.
- Competitive Substitutes: Centrifugal pumps pose a challenge, particularly in low-viscosity applications.
- M&A Trends: Moderate level of M&A activity observed in recent years, primarily focused on expanding product portfolios and geographical reach. Approximately xx M&A deals were recorded between 2019 and 2024.
- End-User Demographics: Growing demand from the chemicals and water & wastewater sectors is shaping market growth.
Europe Positive Displacement Pumps Market Growth Trends & Insights
The Europe Positive Displacement Pumps market experienced steady growth during the historical period (2019-2024), driven by increasing industrialization and infrastructure development. The market size was valued at xx Million units in 2024 and is projected to grow at a CAGR of xx% during the forecast period (2025-2033), reaching xx Million units by 2033. This growth is attributable to several factors including rising demand from various end-user industries, technological advancements leading to improved efficiency and reliability, and favorable government policies promoting industrial automation and modernization. Furthermore, the shift towards automation and digitization in industrial processes is fueling the adoption of advanced positive displacement pumps equipped with smart sensors and control systems. Consumer behavior is shifting towards more sustainable and energy-efficient solutions, driving the market towards eco-friendly pump technologies.

Dominant Regions, Countries, or Segments in Europe Positive Displacement Pumps Market
Germany and the United Kingdom are the leading countries in the European Positive Displacement Pumps market, driven by robust industrial sectors, particularly in chemicals and water & wastewater treatment. The Rest of Europe region is also expected to witness significant growth, fueled by expanding industrial activity and investments in infrastructure projects. Within the product segment, the progressive cavity pumps, and lobe pumps segments are experiencing robust growth due to their versatility and suitability for various applications. The chemicals and Oil & Gas end-user industries are the largest consumers of positive displacement pumps in Europe.
- Key Drivers (Germany & UK): Strong industrial base, robust infrastructure, investments in water & wastewater treatment, and favorable government policies.
- Growth Potential (Rest of Europe): Expanding industrial activity, rising infrastructure spending, and increasing awareness of sustainable technologies.
- Dominant Segments: Progressive Cavity and Lobe pumps dominate due to their versatility and suitability across various applications. High demand for these pumps comes from the chemicals and Oil & Gas sectors.
Europe Positive Displacement Pumps Market Product Landscape
Recent innovations in positive displacement pumps have focused on enhancing efficiency, durability, and ease of maintenance. This includes the adoption of advanced materials, improved sealing technologies, and the integration of smart sensors for real-time monitoring and predictive maintenance. Unique selling propositions often center on improved flow rate accuracy, high pressure capabilities, and suitability for handling abrasive or viscous fluids. Technological advancements are driving the development of more compact, energy-efficient, and user-friendly positive displacement pumps, catering to a broader range of applications across diverse industries.
Key Drivers, Barriers & Challenges in Europe Positive Displacement Pumps Market
Key Drivers: The growth of the chemicals and water & wastewater treatment industries, increasing demand for precise fluid handling in various industrial processes, and advancements in pump technology are driving market expansion. Government initiatives promoting energy efficiency and sustainable manufacturing are also fueling market growth.
Challenges & Restraints: Fluctuations in raw material prices, intense competition from alternative pumping technologies, and potential supply chain disruptions due to geopolitical factors represent significant challenges. Stringent environmental regulations can also increase the cost of manufacturing and compliance.
Emerging Opportunities in Europe Positive Displacement Pumps Market
Emerging opportunities lie in the development of pumps for high-viscosity fluids used in new battery technologies, expanding applications within the pharmaceutical and food and beverage sectors, and leveraging the growth in renewable energy projects to create sustainable solutions for various industrial processes. The increasing adoption of smart sensors and IoT technologies in industrial automation presents a significant opportunity for the development and adoption of smart positive displacement pumps.
Growth Accelerators in the Europe Positive Displacement Pumps Market Industry
Strategic partnerships and collaborations between pump manufacturers and end-user industries are accelerating market growth by driving innovation and creating customized solutions. The continued development of energy-efficient and sustainable pumps tailored for specific industrial applications is also a key growth accelerator. Geographic expansion into new markets across Europe can significantly enhance the market's growth trajectory.
Key Players Shaping the Europe Positive Displacement Pumps Market Market
- Fristam Pumps KG (GmbH & Co)
- Sulzer Ltd
- Ingersoll rand
- ALFA LAVAL
- Flowserve Corporation
- Xylem Inc
- INOXPA Group
- WILO SE
- KSB AG
- Dover Corporation
- PCM Group
- NETZSCH Pumps & Systems
- The Weir Group plc
Notable Milestones in Europe Positive Displacement Pumps Market Sector
- March 2021: NETZSCH Pumpen & Systeme GmbH launched the NOTOS 2NSH multi-screw pump for hygienic applications, expanding its hygienic pump portfolio.
- February 2022: NETZSCH Pumpen & Systeme GmbH added the PERIPRO peristaltic pump to its product portfolio.
In-Depth Europe Positive Displacement Pumps Market Market Outlook
The future of the Europe Positive Displacement Pumps market is bright, fueled by technological advancements, increasing industrialization, and a growing focus on sustainability. Strategic partnerships, expansion into new applications, and the development of smart and energy-efficient pumps will continue to drive market growth and create new opportunities for key players. The market is poised for significant expansion throughout the forecast period, with a particular emphasis on progressive cavity pumps, and lobe pumps applications in the chemicals, water & wastewater and Oil & Gas sectors.
Europe Positive Displacement Pumps Market Segmentation
-
1. Type
- 1.1. Diaphragm
- 1.2. Piston
- 1.3. Gera
- 1.4. Lobe
- 1.5. Progressive Cavity
- 1.6. Screw
- 1.7. Vane
- 1.8. Peristaltic
-
2. End-user Industries
- 2.1. Oil & Gas
- 2.2. Chemicals
- 2.3. Food & Beverage
- 2.4. Water & Wastewater
- 2.5. Pharmaceutical
- 2.6. Power
- 2.7. Other
Europe Positive Displacement Pumps Market Segmentation By Geography
-
1. Europe
- 1.1. United Kingdom
- 1.2. Germany
- 1.3. France
- 1.4. Italy
- 1.5. Spain
- 1.6. Netherlands
- 1.7. Belgium
- 1.8. Sweden
- 1.9. Norway
- 1.10. Poland
- 1.11. Denmark

Europe Positive Displacement Pumps Market REPORT HIGHLIGHTS
Aspects | Details |
---|---|
Study Period | 2019-2033 |
Base Year | 2024 |
Estimated Year | 2025 |
Forecast Period | 2025-2033 |
Historical Period | 2019-2024 |
Growth Rate | CAGR of 4.10% from 2019-2033 |
Segmentation |
|
Table of Contents
- 1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
- 2. Executive Summary
- 2.1. Introduction
- 3. Market Dynamics
- 3.1. Introduction
- 3.2. Market Drivers
- 3.2.1. Expanding Water and Wastewater Treatment Sector; Growing Number of Chemical Processing and Production Facilities
- 3.3. Market Restrains
- 3.3.1. High Maintenance Cost
- 3.4. Market Trends
- 3.4.1. The Water & Wastewater Segment is Expected to Hold a Major Market Share
- 4. Market Factor Analysis
- 4.1. Porters Five Forces
- 4.2. Supply/Value Chain
- 4.3. PESTEL analysis
- 4.4. Market Entropy
- 4.5. Patent/Trademark Analysis
- 5. Europe Positive Displacement Pumps Market Analysis, Insights and Forecast, 2019-2031
- 5.1. Market Analysis, Insights and Forecast - by Type
- 5.1.1. Diaphragm
- 5.1.2. Piston
- 5.1.3. Gera
- 5.1.4. Lobe
- 5.1.5. Progressive Cavity
- 5.1.6. Screw
- 5.1.7. Vane
- 5.1.8. Peristaltic
- 5.2. Market Analysis, Insights and Forecast - by End-user Industries
- 5.2.1. Oil & Gas
- 5.2.2. Chemicals
- 5.2.3. Food & Beverage
- 5.2.4. Water & Wastewater
- 5.2.5. Pharmaceutical
- 5.2.6. Power
- 5.2.7. Other
- 5.3. Market Analysis, Insights and Forecast - by Region
- 5.3.1. Europe
- 5.1. Market Analysis, Insights and Forecast - by Type
- 6. Germany Europe Positive Displacement Pumps Market Analysis, Insights and Forecast, 2019-2031
- 7. France Europe Positive Displacement Pumps Market Analysis, Insights and Forecast, 2019-2031
- 8. Italy Europe Positive Displacement Pumps Market Analysis, Insights and Forecast, 2019-2031
- 9. United Kingdom Europe Positive Displacement Pumps Market Analysis, Insights and Forecast, 2019-2031
- 10. Netherlands Europe Positive Displacement Pumps Market Analysis, Insights and Forecast, 2019-2031
- 11. Sweden Europe Positive Displacement Pumps Market Analysis, Insights and Forecast, 2019-2031
- 12. Rest of Europe Europe Positive Displacement Pumps Market Analysis, Insights and Forecast, 2019-2031
- 13. Competitive Analysis
- 13.1. Market Share Analysis 2024
- 13.2. Company Profiles
- 13.2.1 Fristam Pumps KG (GmbH & Co )
- 13.2.1.1. Overview
- 13.2.1.2. Products
- 13.2.1.3. SWOT Analysis
- 13.2.1.4. Recent Developments
- 13.2.1.5. Financials (Based on Availability)
- 13.2.2 Sulzer Ltd
- 13.2.2.1. Overview
- 13.2.2.2. Products
- 13.2.2.3. SWOT Analysis
- 13.2.2.4. Recent Developments
- 13.2.2.5. Financials (Based on Availability)
- 13.2.3 Ingersoll rand
- 13.2.3.1. Overview
- 13.2.3.2. Products
- 13.2.3.3. SWOT Analysis
- 13.2.3.4. Recent Developments
- 13.2.3.5. Financials (Based on Availability)
- 13.2.4 ALFA LAVAL
- 13.2.4.1. Overview
- 13.2.4.2. Products
- 13.2.4.3. SWOT Analysis
- 13.2.4.4. Recent Developments
- 13.2.4.5. Financials (Based on Availability)
- 13.2.5 Flowserve Corporation
- 13.2.5.1. Overview
- 13.2.5.2. Products
- 13.2.5.3. SWOT Analysis
- 13.2.5.4. Recent Developments
- 13.2.5.5. Financials (Based on Availability)
- 13.2.6 Xylem Inc
- 13.2.6.1. Overview
- 13.2.6.2. Products
- 13.2.6.3. SWOT Analysis
- 13.2.6.4. Recent Developments
- 13.2.6.5. Financials (Based on Availability)
- 13.2.7 INOXPA Group
- 13.2.7.1. Overview
- 13.2.7.2. Products
- 13.2.7.3. SWOT Analysis
- 13.2.7.4. Recent Developments
- 13.2.7.5. Financials (Based on Availability)
- 13.2.8 WILO SE
- 13.2.8.1. Overview
- 13.2.8.2. Products
- 13.2.8.3. SWOT Analysis
- 13.2.8.4. Recent Developments
- 13.2.8.5. Financials (Based on Availability)
- 13.2.9 KSB AG
- 13.2.9.1. Overview
- 13.2.9.2. Products
- 13.2.9.3. SWOT Analysis
- 13.2.9.4. Recent Developments
- 13.2.9.5. Financials (Based on Availability)
- 13.2.10 Dover Corporation
- 13.2.10.1. Overview
- 13.2.10.2. Products
- 13.2.10.3. SWOT Analysis
- 13.2.10.4. Recent Developments
- 13.2.10.5. Financials (Based on Availability)
- 13.2.11 PCM Group
- 13.2.11.1. Overview
- 13.2.11.2. Products
- 13.2.11.3. SWOT Analysis
- 13.2.11.4. Recent Developments
- 13.2.11.5. Financials (Based on Availability)
- 13.2.12 NETZSCH Pumps & Systems
- 13.2.12.1. Overview
- 13.2.12.2. Products
- 13.2.12.3. SWOT Analysis
- 13.2.12.4. Recent Developments
- 13.2.12.5. Financials (Based on Availability)
- 13.2.13 The Weir Group plc
- 13.2.13.1. Overview
- 13.2.13.2. Products
- 13.2.13.3. SWOT Analysis
- 13.2.13.4. Recent Developments
- 13.2.13.5. Financials (Based on Availability)
- 13.2.1 Fristam Pumps KG (GmbH & Co )
List of Figures
- Figure 1: Europe Positive Displacement Pumps Market Revenue Breakdown (Million, %) by Product 2024 & 2032
- Figure 2: Europe Positive Displacement Pumps Market Share (%) by Company 2024
List of Tables
- Table 1: Europe Positive Displacement Pumps Market Revenue Million Forecast, by Region 2019 & 2032
- Table 2: Europe Positive Displacement Pumps Market Volume K Unit Forecast, by Region 2019 & 2032
- Table 3: Europe Positive Displacement Pumps Market Revenue Million Forecast, by Type 2019 & 2032
- Table 4: Europe Positive Displacement Pumps Market Volume K Unit Forecast, by Type 2019 & 2032
- Table 5: Europe Positive Displacement Pumps Market Revenue Million Forecast, by End-user Industries 2019 & 2032
- Table 6: Europe Positive Displacement Pumps Market Volume K Unit Forecast, by End-user Industries 2019 & 2032
- Table 7: Europe Positive Displacement Pumps Market Revenue Million Forecast, by Region 2019 & 2032
- Table 8: Europe Positive Displacement Pumps Market Volume K Unit Forecast, by Region 2019 & 2032
- Table 9: Europe Positive Displacement Pumps Market Revenue Million Forecast, by Country 2019 & 2032
- Table 10: Europe Positive Displacement Pumps Market Volume K Unit Forecast, by Country 2019 & 2032
- Table 11: Germany Europe Positive Displacement Pumps Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 12: Germany Europe Positive Displacement Pumps Market Volume (K Unit) Forecast, by Application 2019 & 2032
- Table 13: France Europe Positive Displacement Pumps Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 14: France Europe Positive Displacement Pumps Market Volume (K Unit) Forecast, by Application 2019 & 2032
- Table 15: Italy Europe Positive Displacement Pumps Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 16: Italy Europe Positive Displacement Pumps Market Volume (K Unit) Forecast, by Application 2019 & 2032
- Table 17: United Kingdom Europe Positive Displacement Pumps Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 18: United Kingdom Europe Positive Displacement Pumps Market Volume (K Unit) Forecast, by Application 2019 & 2032
- Table 19: Netherlands Europe Positive Displacement Pumps Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 20: Netherlands Europe Positive Displacement Pumps Market Volume (K Unit) Forecast, by Application 2019 & 2032
- Table 21: Sweden Europe Positive Displacement Pumps Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 22: Sweden Europe Positive Displacement Pumps Market Volume (K Unit) Forecast, by Application 2019 & 2032
- Table 23: Rest of Europe Europe Positive Displacement Pumps Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 24: Rest of Europe Europe Positive Displacement Pumps Market Volume (K Unit) Forecast, by Application 2019 & 2032
- Table 25: Europe Positive Displacement Pumps Market Revenue Million Forecast, by Type 2019 & 2032
- Table 26: Europe Positive Displacement Pumps Market Volume K Unit Forecast, by Type 2019 & 2032
- Table 27: Europe Positive Displacement Pumps Market Revenue Million Forecast, by End-user Industries 2019 & 2032
- Table 28: Europe Positive Displacement Pumps Market Volume K Unit Forecast, by End-user Industries 2019 & 2032
- Table 29: Europe Positive Displacement Pumps Market Revenue Million Forecast, by Country 2019 & 2032
- Table 30: Europe Positive Displacement Pumps Market Volume K Unit Forecast, by Country 2019 & 2032
- Table 31: United Kingdom Europe Positive Displacement Pumps Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 32: United Kingdom Europe Positive Displacement Pumps Market Volume (K Unit) Forecast, by Application 2019 & 2032
- Table 33: Germany Europe Positive Displacement Pumps Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 34: Germany Europe Positive Displacement Pumps Market Volume (K Unit) Forecast, by Application 2019 & 2032
- Table 35: France Europe Positive Displacement Pumps Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 36: France Europe Positive Displacement Pumps Market Volume (K Unit) Forecast, by Application 2019 & 2032
- Table 37: Italy Europe Positive Displacement Pumps Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 38: Italy Europe Positive Displacement Pumps Market Volume (K Unit) Forecast, by Application 2019 & 2032
- Table 39: Spain Europe Positive Displacement Pumps Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 40: Spain Europe Positive Displacement Pumps Market Volume (K Unit) Forecast, by Application 2019 & 2032
- Table 41: Netherlands Europe Positive Displacement Pumps Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 42: Netherlands Europe Positive Displacement Pumps Market Volume (K Unit) Forecast, by Application 2019 & 2032
- Table 43: Belgium Europe Positive Displacement Pumps Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 44: Belgium Europe Positive Displacement Pumps Market Volume (K Unit) Forecast, by Application 2019 & 2032
- Table 45: Sweden Europe Positive Displacement Pumps Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 46: Sweden Europe Positive Displacement Pumps Market Volume (K Unit) Forecast, by Application 2019 & 2032
- Table 47: Norway Europe Positive Displacement Pumps Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 48: Norway Europe Positive Displacement Pumps Market Volume (K Unit) Forecast, by Application 2019 & 2032
- Table 49: Poland Europe Positive Displacement Pumps Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 50: Poland Europe Positive Displacement Pumps Market Volume (K Unit) Forecast, by Application 2019 & 2032
- Table 51: Denmark Europe Positive Displacement Pumps Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 52: Denmark Europe Positive Displacement Pumps Market Volume (K Unit) Forecast, by Application 2019 & 2032
Frequently Asked Questions
1. What is the projected Compound Annual Growth Rate (CAGR) of the Europe Positive Displacement Pumps Market?
The projected CAGR is approximately 4.10%.
2. Which companies are prominent players in the Europe Positive Displacement Pumps Market?
Key companies in the market include Fristam Pumps KG (GmbH & Co ), Sulzer Ltd, Ingersoll rand, ALFA LAVAL, Flowserve Corporation, Xylem Inc, INOXPA Group, WILO SE, KSB AG, Dover Corporation, PCM Group, NETZSCH Pumps & Systems, The Weir Group plc.
3. What are the main segments of the Europe Positive Displacement Pumps Market?
The market segments include Type, End-user Industries.
4. Can you provide details about the market size?
The market size is estimated to be USD XX Million as of 2022.
5. What are some drivers contributing to market growth?
Expanding Water and Wastewater Treatment Sector; Growing Number of Chemical Processing and Production Facilities.
6. What are the notable trends driving market growth?
The Water & Wastewater Segment is Expected to Hold a Major Market Share.
7. Are there any restraints impacting market growth?
High Maintenance Cost.
8. Can you provide examples of recent developments in the market?
February 2022 - NETZSCH Pumpen & Systeme GmbH expanded its product portfolio by launching the PERIPRO peristaltic pump to the portfolio of the Waldkraiburg-based pump manufacturer alongside the well-known technologies of the NEMO progressing cavity pumps, TORNADO rotary lobe pumps, and NOTOS multi screw pumps.
9. What pricing options are available for accessing the report?
Pricing options include single-user, multi-user, and enterprise licenses priced at USD 4750, USD 4950, and USD 6800 respectively.
10. Is the market size provided in terms of value or volume?
The market size is provided in terms of value, measured in Million and volume, measured in K Unit.
11. Are there any specific market keywords associated with the report?
Yes, the market keyword associated with the report is "Europe Positive Displacement Pumps Market," which aids in identifying and referencing the specific market segment covered.
12. How do I determine which pricing option suits my needs best?
The pricing options vary based on user requirements and access needs. Individual users may opt for single-user licenses, while businesses requiring broader access may choose multi-user or enterprise licenses for cost-effective access to the report.
13. Are there any additional resources or data provided in the Europe Positive Displacement Pumps Market report?
While the report offers comprehensive insights, it's advisable to review the specific contents or supplementary materials provided to ascertain if additional resources or data are available.
14. How can I stay updated on further developments or reports in the Europe Positive Displacement Pumps Market?
To stay informed about further developments, trends, and reports in the Europe Positive Displacement Pumps Market, consider subscribing to industry newsletters, following relevant companies and organizations, or regularly checking reputable industry news sources and publications.
Methodology
Step 1 - Identification of Relevant Samples Size from Population Database



Step 2 - Approaches for Defining Global Market Size (Value, Volume* & Price*)

Note*: In applicable scenarios
Step 3 - Data Sources
Primary Research
- Web Analytics
- Survey Reports
- Research Institute
- Latest Research Reports
- Opinion Leaders
Secondary Research
- Annual Reports
- White Paper
- Latest Press Release
- Industry Association
- Paid Database
- Investor Presentations

Step 4 - Data Triangulation
Involves using different sources of information in order to increase the validity of a study
These sources are likely to be stakeholders in a program - participants, other researchers, program staff, other community members, and so on.
Then we put all data in single framework & apply various statistical tools to find out the dynamic on the market.
During the analysis stage, feedback from the stakeholder groups would be compared to determine areas of agreement as well as areas of divergence