Key Insights
The global residential gas hob market is experiencing robust growth, driven by increasing urbanization, rising disposable incomes in developing economies, and a preference for gas cooking in certain regions due to perceived superior cooking performance and familiarity. The market size in 2025 is estimated at $15 billion, reflecting a steady Compound Annual Growth Rate (CAGR) of approximately 5% over the past years. This growth is further fueled by technological advancements, such as the introduction of smart features, improved safety mechanisms, and more energy-efficient designs. Key players like Electrolux, Robert Bosch, Whirlpool, LG Electronics, Bertazzoni, and ROBAM are driving innovation and competition, constantly introducing new models catering to diverse consumer needs and preferences. However, the market faces certain restraints, including the growing adoption of induction cooktops in developed nations due to their perceived cleanliness and energy efficiency, and fluctuating gas prices that can impact consumer spending. Segment-wise, freestanding models are likely to dominate the market due to cost-effectiveness and adaptability to various kitchen layouts, while built-in models cater to a higher-end consumer segment seeking integrated kitchen solutions. Regional variations exist, with strong growth anticipated in Asia-Pacific and Latin America, propelled by burgeoning middle classes and rising construction activity. In contrast, mature markets in North America and Europe are expected to see a more moderate growth rate.
Looking ahead to 2033, the residential gas hob market is poised for continued expansion, albeit at a slightly moderated pace. The projected CAGR of around 4% reflects a balance between ongoing demand in developing markets and saturation in some developed regions. The market will be shaped by evolving consumer preferences toward sustainable and technologically advanced appliances. Manufacturers are likely to focus on improving energy efficiency, incorporating smart functionalities (like app control and automated features), and emphasizing safety features to enhance their product offerings. Competitive pressures will remain intense, prompting continuous innovation and price adjustments to maintain market share. Success in the coming years will depend on manufacturers' ability to adapt to evolving consumer needs and effectively manage the challenges posed by fluctuating gas prices and growing competition from alternative cooking technologies.

Residential Gas Hobs Market Report: 2019-2033
This comprehensive report provides an in-depth analysis of the global residential gas hob market, offering invaluable insights for industry professionals, investors, and strategic decision-makers. The study covers the period from 2019 to 2033, with a focus on the forecast period 2025-2033, using 2025 as the base year and estimated year. The report segments the market by various factors and analyzes key players like Electrolux, Robert Bosch, Whirlpool, LG Electronics, Bertazzoni, and ROBAM, providing a granular view of market dynamics and future growth potential. The total market size in 2025 is estimated at xx million units.
Residential Gas Hobs Market Dynamics & Structure
This section analyzes the competitive landscape, technological advancements, regulatory influences, and market trends within the residential gas hob market. The analysis covers market concentration, assessing the dominance of major players and the presence of smaller niche competitors. We examine technological innovation drivers, such as energy efficiency improvements and smart home integration, and how regulatory frameworks (e.g., safety standards, emissions regulations) shape product development and market access. The report also explores competitive product substitutes (e.g., induction hobs, electric cooktops) and their impact on market share. Finally, we delve into end-user demographics (e.g., household size, cooking habits) and M&A trends, quantifying deal volumes and analyzing their impact on market structure.
- Market Concentration: xx% market share held by top 5 players in 2025.
- M&A Activity: xx deals recorded between 2019-2024, primarily focused on expanding product portfolios and geographical reach.
- Technological Innovation: Focus on energy efficiency improvements (e.g., burner technology advancements) and smart features (e.g., app connectivity, automated cooking).
- Regulatory Landscape: Stringent safety and emission standards impacting product design and manufacturing processes.
- Competitive Substitutes: Induction and electric cooktops posing a growing competitive threat, particularly in developed markets.
Residential Gas Hobs Growth Trends & Insights
This section provides a comprehensive overview of the residential gas hob market's growth trajectory from 2019 to 2033, leveraging historical data and forecasting techniques to project future market size and penetration. We analyze factors influencing adoption rates, including consumer preferences, technological advancements, and economic conditions. The analysis will explore technological disruptions like the integration of smart functionalities and the impact of these changes on consumer behavior. Detailed metrics, including the compound annual growth rate (CAGR) and market penetration rates, will provide a clearer picture of market evolution. The report will also incorporate data on sales, revenue, and other key market metrics.
- Market Size Evolution: From xx million units in 2019 to a projected xx million units in 2033.
- CAGR: Projected at xx% during the forecast period (2025-2033).
- Market Penetration: xx% in 2025, expected to reach xx% by 2033.
- Technological Disruptions: Increased adoption of smart features and energy-efficient technologies driving growth.
- Consumer Behavior Shifts: Growing preference for aesthetically pleasing designs and convenient functionalities.

Dominant Regions, Countries, or Segments in Residential Gas Hobs
This section pinpoints the leading geographical regions and segments driving market growth. Detailed analysis will explore the factors contributing to the dominance of these regions, including economic policies, infrastructure development, consumer preferences, and market size. The report will also provide insights into the growth potential of different regions and segments, highlighting key drivers and potential challenges.
- Leading Region: Asia Pacific, driven by rapid urbanization and rising disposable incomes.
- Key Drivers: Strong economic growth, increasing urbanization, and rising demand for modern kitchen appliances.
- Market Share: Asia Pacific holds approximately xx% of the global market share in 2025.
- Growth Potential: High growth potential in emerging economies within the Asia Pacific region.
Residential Gas Hobs Product Landscape
This section details the current product landscape, highlighting key product innovations, applications, and performance metrics. We will analyze the unique selling propositions (USPs) of different product offerings and examine how technological advancements are shaping product development.
The market offers a variety of gas hobs, ranging from basic models to high-end appliances with advanced features like smart controls and integrated ventilation. Key performance metrics include burner efficiency, cooking speed, safety features, and ease of cleaning. Innovative designs focus on improved ergonomics, space-saving solutions, and seamless integration with other kitchen appliances.
Key Drivers, Barriers & Challenges in Residential Gas Hobs
This section identifies the key factors driving market growth and the challenges hindering its expansion. Growth drivers will include technological advancements, economic factors, and supportive government policies. Challenges will encompass supply chain disruptions, regulatory hurdles, and intense competition. Quantifiable impacts of these challenges on market growth will be assessed.
Key Drivers: Increasing disposable incomes, growing urbanization, technological advancements in energy efficiency and smart features.
Key Challenges: Fluctuations in raw material prices, potential supply chain disruptions, and increasing competition from alternative cooking technologies.
Emerging Opportunities in Residential Gas Hobs
This section explores promising avenues for growth within the residential gas hob market. These could include untapped market segments (e.g., rural areas), innovative applications (e.g., integration with smart kitchen systems), and evolving consumer preferences (e.g., demand for sustainable and energy-efficient products).
Emerging opportunities lie in expanding into underserved markets and developing innovative products catering to specific consumer needs. Furthermore, partnerships with smart home technology providers can open new avenues for growth.
Growth Accelerators in the Residential Gas Hobs Industry
This section discusses factors that will accelerate long-term market growth. Technological breakthroughs, strategic partnerships, and market expansion strategies are key areas of focus.
Technological innovation in energy efficiency and smart home integration will be crucial. Strategic collaborations between manufacturers and technology companies will drive growth. Expanding into new geographical markets and targeting specific consumer segments will provide further growth opportunities.
Key Players Shaping the Residential Gas Hobs Market
- Electrolux
- Robert Bosch
- Whirlpool
- LG Electronics
- Bertazzoni
- ROBAM
Notable Milestones in Residential Gas Hobs Sector
- 2020: Launch of energy-efficient gas hob models by Electrolux.
- 2022: Robert Bosch introduced smart gas hob with app connectivity.
- 2023: Whirlpool acquired a smaller competitor specializing in high-end gas hobs, expanding its market reach.
In-Depth Residential Gas Hobs Market Outlook
The residential gas hob market is poised for continued growth, driven by innovation and increasing consumer demand for convenient and efficient cooking solutions. Strategic partnerships and expansion into new markets will be key to unlocking future potential. The market's future depends on adapting to changing consumer needs and technological advancements. The ongoing development of energy-efficient and smart gas hobs will drive growth.
Residential Gas Hobs Segmentation
-
1. Application
- 1.1. Hotel
- 1.2. Apartment
- 1.3. Luxury Villa
- 1.4. Others
-
2. Types
- 2.1. Built-In Hobs
- 2.2. Free-Standing Hobs
Residential Gas Hobs Segmentation By Geography
-
1. North America
- 1.1. United States
- 1.2. Canada
- 1.3. Mexico
-
2. South America
- 2.1. Brazil
- 2.2. Argentina
- 2.3. Rest of South America
-
3. Europe
- 3.1. United Kingdom
- 3.2. Germany
- 3.3. France
- 3.4. Italy
- 3.5. Spain
- 3.6. Russia
- 3.7. Benelux
- 3.8. Nordics
- 3.9. Rest of Europe
-
4. Middle East & Africa
- 4.1. Turkey
- 4.2. Israel
- 4.3. GCC
- 4.4. North Africa
- 4.5. South Africa
- 4.6. Rest of Middle East & Africa
-
5. Asia Pacific
- 5.1. China
- 5.2. India
- 5.3. Japan
- 5.4. South Korea
- 5.5. ASEAN
- 5.6. Oceania
- 5.7. Rest of Asia Pacific

Residential Gas Hobs 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 XX% 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
- 3.3. Market Restrains
- 3.4. Market Trends
- 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. Global Residential Gas Hobs Analysis, Insights and Forecast, 2019-2031
- 5.1. Market Analysis, Insights and Forecast - by Application
- 5.1.1. Hotel
- 5.1.2. Apartment
- 5.1.3. Luxury Villa
- 5.1.4. Others
- 5.2. Market Analysis, Insights and Forecast - by Types
- 5.2.1. Built-In Hobs
- 5.2.2. Free-Standing Hobs
- 5.3. Market Analysis, Insights and Forecast - by Region
- 5.3.1. North America
- 5.3.2. South America
- 5.3.3. Europe
- 5.3.4. Middle East & Africa
- 5.3.5. Asia Pacific
- 5.1. Market Analysis, Insights and Forecast - by Application
- 6. North America Residential Gas Hobs Analysis, Insights and Forecast, 2019-2031
- 6.1. Market Analysis, Insights and Forecast - by Application
- 6.1.1. Hotel
- 6.1.2. Apartment
- 6.1.3. Luxury Villa
- 6.1.4. Others
- 6.2. Market Analysis, Insights and Forecast - by Types
- 6.2.1. Built-In Hobs
- 6.2.2. Free-Standing Hobs
- 6.1. Market Analysis, Insights and Forecast - by Application
- 7. South America Residential Gas Hobs Analysis, Insights and Forecast, 2019-2031
- 7.1. Market Analysis, Insights and Forecast - by Application
- 7.1.1. Hotel
- 7.1.2. Apartment
- 7.1.3. Luxury Villa
- 7.1.4. Others
- 7.2. Market Analysis, Insights and Forecast - by Types
- 7.2.1. Built-In Hobs
- 7.2.2. Free-Standing Hobs
- 7.1. Market Analysis, Insights and Forecast - by Application
- 8. Europe Residential Gas Hobs Analysis, Insights and Forecast, 2019-2031
- 8.1. Market Analysis, Insights and Forecast - by Application
- 8.1.1. Hotel
- 8.1.2. Apartment
- 8.1.3. Luxury Villa
- 8.1.4. Others
- 8.2. Market Analysis, Insights and Forecast - by Types
- 8.2.1. Built-In Hobs
- 8.2.2. Free-Standing Hobs
- 8.1. Market Analysis, Insights and Forecast - by Application
- 9. Middle East & Africa Residential Gas Hobs Analysis, Insights and Forecast, 2019-2031
- 9.1. Market Analysis, Insights and Forecast - by Application
- 9.1.1. Hotel
- 9.1.2. Apartment
- 9.1.3. Luxury Villa
- 9.1.4. Others
- 9.2. Market Analysis, Insights and Forecast - by Types
- 9.2.1. Built-In Hobs
- 9.2.2. Free-Standing Hobs
- 9.1. Market Analysis, Insights and Forecast - by Application
- 10. Asia Pacific Residential Gas Hobs Analysis, Insights and Forecast, 2019-2031
- 10.1. Market Analysis, Insights and Forecast - by Application
- 10.1.1. Hotel
- 10.1.2. Apartment
- 10.1.3. Luxury Villa
- 10.1.4. Others
- 10.2. Market Analysis, Insights and Forecast - by Types
- 10.2.1. Built-In Hobs
- 10.2.2. Free-Standing Hobs
- 10.1. Market Analysis, Insights and Forecast - by Application
- 11. Competitive Analysis
- 11.1. Global Market Share Analysis 2024
- 11.2. Company Profiles
- 11.2.1 Electrolux
- 11.2.1.1. Overview
- 11.2.1.2. Products
- 11.2.1.3. SWOT Analysis
- 11.2.1.4. Recent Developments
- 11.2.1.5. Financials (Based on Availability)
- 11.2.2 Robert Bosch
- 11.2.2.1. Overview
- 11.2.2.2. Products
- 11.2.2.3. SWOT Analysis
- 11.2.2.4. Recent Developments
- 11.2.2.5. Financials (Based on Availability)
- 11.2.3 Whirlpool
- 11.2.3.1. Overview
- 11.2.3.2. Products
- 11.2.3.3. SWOT Analysis
- 11.2.3.4. Recent Developments
- 11.2.3.5. Financials (Based on Availability)
- 11.2.4 LG Electronics
- 11.2.4.1. Overview
- 11.2.4.2. Products
- 11.2.4.3. SWOT Analysis
- 11.2.4.4. Recent Developments
- 11.2.4.5. Financials (Based on Availability)
- 11.2.5 Bertazzoni
- 11.2.5.1. Overview
- 11.2.5.2. Products
- 11.2.5.3. SWOT Analysis
- 11.2.5.4. Recent Developments
- 11.2.5.5. Financials (Based on Availability)
- 11.2.6 ROBAM
- 11.2.6.1. Overview
- 11.2.6.2. Products
- 11.2.6.3. SWOT Analysis
- 11.2.6.4. Recent Developments
- 11.2.6.5. Financials (Based on Availability)
- 11.2.1 Electrolux
List of Figures
- Figure 1: Global Residential Gas Hobs Revenue Breakdown (million, %) by Region 2024 & 2032
- Figure 2: North America Residential Gas Hobs Revenue (million), by Application 2024 & 2032
- Figure 3: North America Residential Gas Hobs Revenue Share (%), by Application 2024 & 2032
- Figure 4: North America Residential Gas Hobs Revenue (million), by Types 2024 & 2032
- Figure 5: North America Residential Gas Hobs Revenue Share (%), by Types 2024 & 2032
- Figure 6: North America Residential Gas Hobs Revenue (million), by Country 2024 & 2032
- Figure 7: North America Residential Gas Hobs Revenue Share (%), by Country 2024 & 2032
- Figure 8: South America Residential Gas Hobs Revenue (million), by Application 2024 & 2032
- Figure 9: South America Residential Gas Hobs Revenue Share (%), by Application 2024 & 2032
- Figure 10: South America Residential Gas Hobs Revenue (million), by Types 2024 & 2032
- Figure 11: South America Residential Gas Hobs Revenue Share (%), by Types 2024 & 2032
- Figure 12: South America Residential Gas Hobs Revenue (million), by Country 2024 & 2032
- Figure 13: South America Residential Gas Hobs Revenue Share (%), by Country 2024 & 2032
- Figure 14: Europe Residential Gas Hobs Revenue (million), by Application 2024 & 2032
- Figure 15: Europe Residential Gas Hobs Revenue Share (%), by Application 2024 & 2032
- Figure 16: Europe Residential Gas Hobs Revenue (million), by Types 2024 & 2032
- Figure 17: Europe Residential Gas Hobs Revenue Share (%), by Types 2024 & 2032
- Figure 18: Europe Residential Gas Hobs Revenue (million), by Country 2024 & 2032
- Figure 19: Europe Residential Gas Hobs Revenue Share (%), by Country 2024 & 2032
- Figure 20: Middle East & Africa Residential Gas Hobs Revenue (million), by Application 2024 & 2032
- Figure 21: Middle East & Africa Residential Gas Hobs Revenue Share (%), by Application 2024 & 2032
- Figure 22: Middle East & Africa Residential Gas Hobs Revenue (million), by Types 2024 & 2032
- Figure 23: Middle East & Africa Residential Gas Hobs Revenue Share (%), by Types 2024 & 2032
- Figure 24: Middle East & Africa Residential Gas Hobs Revenue (million), by Country 2024 & 2032
- Figure 25: Middle East & Africa Residential Gas Hobs Revenue Share (%), by Country 2024 & 2032
- Figure 26: Asia Pacific Residential Gas Hobs Revenue (million), by Application 2024 & 2032
- Figure 27: Asia Pacific Residential Gas Hobs Revenue Share (%), by Application 2024 & 2032
- Figure 28: Asia Pacific Residential Gas Hobs Revenue (million), by Types 2024 & 2032
- Figure 29: Asia Pacific Residential Gas Hobs Revenue Share (%), by Types 2024 & 2032
- Figure 30: Asia Pacific Residential Gas Hobs Revenue (million), by Country 2024 & 2032
- Figure 31: Asia Pacific Residential Gas Hobs Revenue Share (%), by Country 2024 & 2032
List of Tables
- Table 1: Global Residential Gas Hobs Revenue million Forecast, by Region 2019 & 2032
- Table 2: Global Residential Gas Hobs Revenue million Forecast, by Application 2019 & 2032
- Table 3: Global Residential Gas Hobs Revenue million Forecast, by Types 2019 & 2032
- Table 4: Global Residential Gas Hobs Revenue million Forecast, by Region 2019 & 2032
- Table 5: Global Residential Gas Hobs Revenue million Forecast, by Application 2019 & 2032
- Table 6: Global Residential Gas Hobs Revenue million Forecast, by Types 2019 & 2032
- Table 7: Global Residential Gas Hobs Revenue million Forecast, by Country 2019 & 2032
- Table 8: United States Residential Gas Hobs Revenue (million) Forecast, by Application 2019 & 2032
- Table 9: Canada Residential Gas Hobs Revenue (million) Forecast, by Application 2019 & 2032
- Table 10: Mexico Residential Gas Hobs Revenue (million) Forecast, by Application 2019 & 2032
- Table 11: Global Residential Gas Hobs Revenue million Forecast, by Application 2019 & 2032
- Table 12: Global Residential Gas Hobs Revenue million Forecast, by Types 2019 & 2032
- Table 13: Global Residential Gas Hobs Revenue million Forecast, by Country 2019 & 2032
- Table 14: Brazil Residential Gas Hobs Revenue (million) Forecast, by Application 2019 & 2032
- Table 15: Argentina Residential Gas Hobs Revenue (million) Forecast, by Application 2019 & 2032
- Table 16: Rest of South America Residential Gas Hobs Revenue (million) Forecast, by Application 2019 & 2032
- Table 17: Global Residential Gas Hobs Revenue million Forecast, by Application 2019 & 2032
- Table 18: Global Residential Gas Hobs Revenue million Forecast, by Types 2019 & 2032
- Table 19: Global Residential Gas Hobs Revenue million Forecast, by Country 2019 & 2032
- Table 20: United Kingdom Residential Gas Hobs Revenue (million) Forecast, by Application 2019 & 2032
- Table 21: Germany Residential Gas Hobs Revenue (million) Forecast, by Application 2019 & 2032
- Table 22: France Residential Gas Hobs Revenue (million) Forecast, by Application 2019 & 2032
- Table 23: Italy Residential Gas Hobs Revenue (million) Forecast, by Application 2019 & 2032
- Table 24: Spain Residential Gas Hobs Revenue (million) Forecast, by Application 2019 & 2032
- Table 25: Russia Residential Gas Hobs Revenue (million) Forecast, by Application 2019 & 2032
- Table 26: Benelux Residential Gas Hobs Revenue (million) Forecast, by Application 2019 & 2032
- Table 27: Nordics Residential Gas Hobs Revenue (million) Forecast, by Application 2019 & 2032
- Table 28: Rest of Europe Residential Gas Hobs Revenue (million) Forecast, by Application 2019 & 2032
- Table 29: Global Residential Gas Hobs Revenue million Forecast, by Application 2019 & 2032
- Table 30: Global Residential Gas Hobs Revenue million Forecast, by Types 2019 & 2032
- Table 31: Global Residential Gas Hobs Revenue million Forecast, by Country 2019 & 2032
- Table 32: Turkey Residential Gas Hobs Revenue (million) Forecast, by Application 2019 & 2032
- Table 33: Israel Residential Gas Hobs Revenue (million) Forecast, by Application 2019 & 2032
- Table 34: GCC Residential Gas Hobs Revenue (million) Forecast, by Application 2019 & 2032
- Table 35: North Africa Residential Gas Hobs Revenue (million) Forecast, by Application 2019 & 2032
- Table 36: South Africa Residential Gas Hobs Revenue (million) Forecast, by Application 2019 & 2032
- Table 37: Rest of Middle East & Africa Residential Gas Hobs Revenue (million) Forecast, by Application 2019 & 2032
- Table 38: Global Residential Gas Hobs Revenue million Forecast, by Application 2019 & 2032
- Table 39: Global Residential Gas Hobs Revenue million Forecast, by Types 2019 & 2032
- Table 40: Global Residential Gas Hobs Revenue million Forecast, by Country 2019 & 2032
- Table 41: China Residential Gas Hobs Revenue (million) Forecast, by Application 2019 & 2032
- Table 42: India Residential Gas Hobs Revenue (million) Forecast, by Application 2019 & 2032
- Table 43: Japan Residential Gas Hobs Revenue (million) Forecast, by Application 2019 & 2032
- Table 44: South Korea Residential Gas Hobs Revenue (million) Forecast, by Application 2019 & 2032
- Table 45: ASEAN Residential Gas Hobs Revenue (million) Forecast, by Application 2019 & 2032
- Table 46: Oceania Residential Gas Hobs Revenue (million) Forecast, by Application 2019 & 2032
- Table 47: Rest of Asia Pacific Residential Gas Hobs Revenue (million) Forecast, by Application 2019 & 2032
Frequently Asked Questions
1. What is the projected Compound Annual Growth Rate (CAGR) of the Residential Gas Hobs?
The projected CAGR is approximately XX%.
2. Which companies are prominent players in the Residential Gas Hobs?
Key companies in the market include Electrolux, Robert Bosch, Whirlpool, LG Electronics, Bertazzoni, ROBAM.
3. What are the main segments of the Residential Gas Hobs?
The market segments include Application, Types.
4. Can you provide details about the market size?
The market size is estimated to be USD XXX million as of 2022.
5. What are some drivers contributing to market growth?
N/A
6. What are the notable trends driving market growth?
N/A
7. Are there any restraints impacting market growth?
N/A
8. Can you provide examples of recent developments in the market?
N/A
9. What pricing options are available for accessing the report?
Pricing options include single-user, multi-user, and enterprise licenses priced at USD 4900.00, USD 7350.00, and USD 9800.00 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.
11. Are there any specific market keywords associated with the report?
Yes, the market keyword associated with the report is "Residential Gas Hobs," 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 Residential Gas Hobs 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 Residential Gas Hobs?
To stay informed about further developments, trends, and reports in the Residential Gas Hobs, 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