Research Methodology
Methodology/Research Approach
Our research methodology implements a mix of primary as well as secondary research. Our projects are initiated with secondary research, where we refer to a variety of sources including trade databases; government published documents, investor presentations, company annual reports, white papers, and paid databases.
Research Programs/Design
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Requirement collection Feasibilitycheckof clientrequirements Draftof deliverables (iterative step) Approvalfrom client Projectinitiation Secondary research Datacollection Primaryresearch Datavalidation Dataanalysis Crossverification withpanelof experts Projectdeliveryto theclient Post-delivery support
Market Size Estimation
Post the initial data mining stage, we gather our findings and analyse them, Wearable Patch/ Data Recordering out relevant insights. These are evaluated across teams and by our in-house Medical. Along with data mining, we also initiate the primary research phase in which we interact with companies operating within the market space.
To evaluate the wholeness of the market, we interact (via email or telephone) with players who are responsible in adding value to the final product. Additionally, we interact with related industries to understand the external factors that can drive/hamper a market. We also make it a point to evaluate various economic parameters, which typically, have an impact onthe purchasing choices of individuals as well as companies.
Post these stages, data are cross-verified with the companies that operate in a market space. It is important for us to study these companies in detail, to understand their existing performance and future strategies which will define the market in the coming years.
All this data is collected and evaluated by our analysts. Post the preparation of the report and data analysis, the findings are presented to our in-house experts who then eliminate discrepancies (if any).
The key players in the industry and markets have been identified through extensive secondary research.
The industry’s supply chain and market size, in terms of value, have been determined through primary and secondary research processes.
All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
Data Source
Secondary Sources
In the secondary research process, various secondary sources, such as D&B Hoovers, Bloomberg Business Week, and Factiva, have been referred to, for identifying and collecting
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information for this study. Secondary sources included annual reports, press releases, and investor presentations of companies; whitepapers, certified publications, and articles by recognized authors; gold standard and silver standard websites; regulatory bodies; trade directories; and databases.
List of secondary sources include but are not limited to:
Academic Journals
Census.gov
Bloomberg
Company Annual Report
Hoovers
Preliminary data mining
Raw market data is obtained and collated on a broad front. Data is continuously Wearable Patch/ Data Reordered to ensure that only validated and authenticated sources are considered. In addition, data is also mined from a host of reports in our repository, as well as a number of reputed paid databases. For comprehensive understanding of the market, it is essential to understand the complete value chain and in order to facilitate this; we collect data from raw material suppliers, distributors as well as buyers.
Technical issues and trends are obtained from surveys, technical symposia and trade journals. Technical data is also gathered from intellectual property perspective, focusing on white space and freedom of movement. Operation Industry Vertical dynamics with respect to drivers, restraints, pricing trends is also gathered. As a result, the material developed contains a wide range of original data that is then further cross-validated and authenticated with published sources.
Primary Sources
This is the final step in estimating and forecasting for our reports. Exhaustive primary interviews are conducted, on face to face as well as over the phone to validate our findings and assumptions used to obtain them. Interviewees are approached from leading companies across the value chain including suppliers, Component providers, domain experts and buyers so as to ensure a holistic
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and unbiased picture of the market. These interviews are conducted across the globe, with language barriers overcome with the aid of local staff and interpreters. Primary interviews not only help in data validation, but also provide critical insights into the market, current business scenario and future expectations and enhance the quality of our reports. All our estimates and forecast are verified through exhaustive primary research with Key Operation Industry Vertical Participants (KIPs) which typically include:
Market leading companies
Raw material suppliers
Operating System distributors
Buyers
The key objectives of primary research are as follows:
To validate our data in terms of accuracy and acceptability
To gain an insight in to the current market and future expectations
Some of the KIPs are mentioned as below:
Medtronic
Olympus
Otsuka Holdings Co., Ltd.
Etcetera
Others
Statistical model
Our market estimates and forecasts are derived through simulation models. A unique model is created customized for each study. Gathered information for market dynamics, Component landscape, Sensor Type development and pricing trends is fed into the model and analyzed simultaneously. These factors are studied on a comparative basis, and their impact over the forecast period is quantified with the help of correlation, regression and time series analysis. Market forecasting is performed via a combination of economic tools, technological analysis, and industry experience and domain expertise.
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Econometric models are generally used for short-term forecasting, while technological market models are used for long-term forecasting. These are based on an amalgamation of Component landscape, regulatory frameworks, economic outlook and business principles. A bottom-up approach to market estimation is preferred, with key regional markets analyzed as separate entities and integration of data to obtain global estimates. This is critical for a deep understanding of the industry as well as ensuring minimal errors. Some of the parameters considered for forecasting include:
Market drivers and restrains, along with their current and expected impact
Raw material scenario and supply v/s price trends
Regulatory scenario and expected developments
Current capacity and expected capacity additions up to 2026
We assign weights to these parameters and quantify their market impact using weighted average analysis, to derive an expected market growth rate.
Data Triangulation
Contrive Datum Insights also leverages three Industry Verticals of data triangulation approaches as follows:
Data Triangulation Techniques
Data Source Triangulation
•Extracting data and validation from multiple type of secondary and primary sources
•
Source: Secondary Literature, Expert Interviews, and Contrive Datum Insights Analysis 2023
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Methodology Triangulation
Theory Triangulation
Combining various methodologies to validate data inputs
•Applying different theories to check credibility of data sets
Contrive Datum Insights data modeling tool is an in-house developed tool, which is based on the fundamental Top Down and Bottom Up approach.
Bottom Up Approach
Primary: Demand & Supply Side Experts
Secondary: Annual Reports, Presentations, Press Releases, Journals, Paid Databases, and A2Z Market Research database
Primary: Demand and Supply Side Experts
Secondary: Annual Reports, Presentations, Press Release, Journals, Paid Databases, and A2Z Market Research database
Source: Secondary Literature, Expert Interviews, and Contrive Datum Insights Analysis
2023
After arriving at the overall market size using the market size estimation processes as explained above, the market was split into several segments and sub segments. To complete the overall market engineering process and arrive at the exact statistics of each market segment and sub segment, the data triangulation and market breakdown procedures were employed, wherever applicable. The data was triangulated by studying several factors and trends from both the demand and supply sides.
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Global Market Value Add up all Country Market Sizes to Derive Regional Market Size Market Size for a Country = Add up of Total Company Revenues
Bottom-up Approach (Segmental Analysis) Global Market
Top Down Approach
Source: Secondary Literature, Expert Interviews, and Contrive Datum Insights Analysis 2023
Report Objectives
To define, describe, and forecast the {Keyword} Market by segments, and region
To provide detailed information about the major factors (drivers, restraints, opportunities, and challenges) influencing the growth of the market
To analyze the sub-segments with respect to individual growth trends, prospects, and contributions to the total market
To analyze opportunities in the market for stakeholders and provide the competitive landscape of the market
To forecast the revenues of the market segments with respect to the major regions, such as North America, Europe, Asia Pacific (APAC), Middle East & Africa and South America.
To profile the key players and comprehensively analyze their recent developments and positioning in {Keyword} market.
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Global Market ($ Million) Geographical Split Percent Split for Type and ApplicationSegments for Market Country Split Global Market Size Through Primaries(Demand and Supply Side Experts) Secondary: Annual Reports, Presentations, Press Release, Journals, Paid Databases, and A2Z Market Research Primary: Demand and Supply Side Experts Secondary: AnnualReports, Presentations, Press Release, Journals, Paid Databases, and A2Z Market Research database Primary: Demand &and Supply Side Experts Primary: Demand and Supply Side Experts Secondary: Company Websites, Press Releases, and News Articles Top-Down Approach (Segmental Analysis) Global Market
To analyze competitive developments, such as mergers and acquisitions, new product developments, and Research and Development (R&D) activities, in the market
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Market Overview
Market Synopsis
Camping tents are lightweight and easy to set up. They are an essential part of your outdoor gear. Furthermore, several governments across the globe are encouraging adventure sports tourism such as camping, which is helping to boost the business of the global camping tent market. Adventure tourism has increased in recent years, especially in Europe, North America, and Asia Pacific, which has favorably affected the demand for camping tents. According to a survey released by the Adventure Travel Trade Association (ATTA), in 2020, travelers opted for adventure travel plans, which is driving the expansion of the camping tent industry.
Camping Tent market size estimates and forecasts are provided in terms of sales volume (K units) and revenue (million USD), with historical and forecast data for the period 2017 to 2030, with 2022 being considered as the base year. This report segments the global Camping Tent market in detail. Regional market sizes related to products by type, by application, and by player are also delivered. In estimating the size of the market, we took into account the impact of COVID-19 and other global crisis.
The global Camping Tent market is the professional and accurate study of various business perspectives such as major key players, key geographies, divers, restraints, opportunities, and challenges. This global research report has been aggregated on the basis of various market segments and sub-segments associated with the global market.
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Market Dynamics
Regional Outlook:
Geographically, the global Camping Tent market has been analyzed in various regions such as North America, Latin America, Middle East, Asia-Pacific, Africa, Europe, and India. The global Camping Tent region is dominating this market in the upcoming future.
North Americais dominatingthe global campingtentsmarket with 27.9%share. PeopleinNorth America are discovering the advantages of engaging in leisure activities outdoors, and as a result, they invest more time in camping every year. Such individuals' passion for camping fuels the expansion of the camping tents industry.
Riseindisposableincomeandgreaterengagement inoutdoorrecreational activitiesaredrivingthemarket growth in the U.S.
The OIA also states that each year, American consumers spend around US$ 31.2 billion on camping gear and accessories such as camping beds and mats. The continuous economic growth of the outdoor recreation industry and the gaining popularity of camping among consumers are triggering the rapid growth of the camping tents market.
Europe accounts for 25.3% share of the global camping tents market. Growing preference for adventure activities is driving the market growth in Europe. Major outdoor and adventurous sports organizers are also offering a range of options for camping places throughout Europe.
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Market Scope
The market has been segmented as follows:
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On the Basis of Type:
Tunnel Tents
Dome Tents
Geodesic Tents
On the Basis of Application:
Personal
Commercial
By Distribution channel:
B2B sales
Supermarkets/Hypermarkets
Specialty sporting stores
Online retailers
Others
About Us:
Contrive Datum Insights (CDI) is a global delivery partner of market intelligence and consulting services to officials at various sectors such as investment, information technology, telecommunication, consumer technology, and manufacturing markets. CDI assists investment communities, business executives, and IT professionals to undertake statistics-based accurate decisions on technology purchases and advance strong growth tactics to sustain market competitiveness. Comprising of a team size of more than 100 analysts and cumulative market experience of more than 200 years, Contrive Datum Insights guarantees the delivery of industry knowledge combined with global and country-level expertise.
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Contrive Datum Insights
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