Tackling market data on the base ground.

The current emerging and developing markets put almost 70 to 80 per cent of global domestic product by the year 2030. This is on an accounting spree for two-thirds of global growth consumer expenditure which constantly puts forward strong consumer goods companies onto hold. But on the contrary, quantifying several opportunities and strategy building is not an easy task.

market research Researching and using data from a lot of growing markets, several things come to accounts such as definitions, differences and business environments. When dissecting these, the methodology and standard definition hold a key aspect.

There are processes which one can implement to learn to grow with emerging market research data.

The quality testing.
Data quality can be unreliable at times. The reason can be several, methodologies which are lapsed and even technical aspects affecting the same. Additionally, political bias ideas and corruption even append to the process. Therefore, testing the market research data qualities lessens the risks and further complications, easing the process of decision-making.
Furthermore, comparing different figures in a demographic and economic profile can also be helpful in tacking the values.

Proxies
When data available from market research portals becomes unrealistic, proxies come to picture to give a detailing on the quality of data. The proxies get a design according to the prevailing context of a particular market. Thus, when the data propelling is not available, one can rely on the proxies for a better idea of the market scenario.
Examples on the proxies include the data on possession of durable, urbanization and education. This serves as a good representative for the income data, specifically sizing different classes of income. Furthermore, annual disposable income can be put on analysis by using the GDP structure and consumer expenditures process.

Proceed with a timeline!
When surveys and market research get on track, they are made to carry out in altogether different intervals. This process puts on a particular problem when one tries to obtain information about fast and evolving emerging market trends. What holds the market stiff within a decade can never be the same in the current market. Thus, when comparing similar countries and data sets, a timeline on varying data can be largely helpful.

Market Research on a Granular level.
There are numerous regional variations which become extreme in certain emerging markets. Trying to find a specific city or region data can be useful when the data is putting an eye on emerging market trends. Since different areas serve altogether varying data structure, city and region-specific will largely help to retaliate the data and move on with realistic figures.

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India electric chimney market recorded substantial growth over the last few years

India electric chimney market
India electric chimney market

India kitchen and kitchenware industry recorded substantial growth over the last few years, wherein modular kitchen segment registered higher growth, attributed to rising consumer awareness towards modern lifestyle, growing upper and upper-middle-class households, along with adoption for smart living and attractive kitchen solutions. With growing modular kitchen solutions, the demand for electric chimneys has also increased. Additionally, declining ownership cost, surging purchasing power as well as growing need to evade cooking smoke and gases are some of the major factors which are likely to propel the market growth over the coming years.

India electric chimney market is projected to grow at a CAGR of over 14% during 2017-23. Over the past few years, electric chimney market has experienced rising consumer awareness towards the adoption of these solutions. This trend is likely to continue during the forecast period as well owing to rising disposable income and surging standard of living. In terms of market segments, wall mounted electric chimney solutions are anticipated to drive the market growth due to their higher integration across various existing and upcoming residential and commercial applications.

In 2016, the Southern region accounted for the largest revenue share in the country followed by the Northern region and others. Major construction projects across commercial and residential application verticals, coupled with increasing consumer awareness are the key factors leading to the growth of the electric chimney market. Some of the key players in India electric chimney market include- Faber Heatkraft, Pigeon, Glen, Elica, IFB, Prestige, Kaff. Kutchina, Hindware, and Sunflame.
The report thoroughly covers India electric chimney market by types, applications, and regions. The report provides an unbiased and detailed analysis of the on-going trends, opportunities high growth areas, market drivers which would help the stakeholders to a device and align their market strategies according to the current and future market dynamics.

Key Highlights of the Report:

• Historical Data and Forecast of India Electric Chimney Market for the Period, 2014-2023
• Historical Data and Forecast of India Wall Mounted Electric Chimney Market for the Period, 2014-2023
• Historical Data and Forecast of India Straight Line Electric Chimney Market for the Period, 2014-2023
• Historical Data and Forecast of India Island Electric Chimney Market for the Period, 2014-2023
• Historical Data and Forecast of India Downdraft Electric Chimney Market for the Period, 2014-2023
• Historical Data and Forecast of India Downdraft Electric Chimney Market for the Period, 2014-2023
• Historical Data and Forecast of India Residential Electric Chimney Market for the Period, 2014-2023
• Historical Data and Forecast of India Commercial Electric Chimney Market for the Period, 2014-2023
• Historical Data and Forecast of Northern India Electric Chimney Market for the Period, 2014-2023
• Historical Data and Forecast of Southern India Electric Chimney Market for the Period, 2014-2023
• Historical Data and Forecast of Eastern India Electric Chimney Market for the Period, 2014-2023
• Historical Data and Forecast of Western India Electric Chimney Market for the Period, 2014-2023

Markets Covered:
The report provides a detailed analysis of the following market segments:
 • By Types:
o Wall Mounted
o Straight Line
o Island
o Downdraft

 • By Applications:
o Commercial
o Residential

• By Suction Types:
o Less than 300 CFM
o 300-600 CFM
o 601-900 CFM
o 901-1,200 CFM
o More than 1,200 CFM

 • By Regions:
o Northern
o Western
o Eastern
o Southern

Category: Technology Research Reports

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Constructions in Indonesia

Construction in Indonesia – Key Trends and Opportunities to 2022

The Indonesian construction industry is expected to continue to grow over the forecast period (2018-2022). Government investments in transport infrastructure, energy, and utilities construction and residential buildings will contribute to this growth. Moreover, the National Development Program 2025 and National Affordable Housing Program will also support industry growth.

 

Indonesian Construction Industry Analysis
Construction in Indonesia – Market Size, Trends, Opportunities and Forecast 2022

 

In January 2018, the government announced a plan to spend IDR105.4 trillion (US$7.6 billion) to build 17 toll road projects Under the National Strategic Project by the end of 2019. Moreover, under the third phase (2015-2019) of the National Development Program 2025, the government plans to invest IDR4.8 quadrillion (US$360.6 billion) on the development of transport and other infrastructure by the end of 2019. The government is also intending to introduce a Limited Concession Scheme (LCS) for private partners to finance large infrastructure construction projects.

The industry’s output value in real terms is expected to record a compound annual growth rate (CAGR) of 5.94% over the forecast period, compared to 6.33% during the review period (2013-2017).

Timetric’s Construction in Indonesia – Key Trends and Opportunities to 2022 report provides detailed market analysis, information and insights into the Indonesian construction industry, including –

  • The Indonesian construction industry’s growth prospects by market, project type, and construction activity.
  • Critical insight into the impact of industry trends and issues, as well as an analysis of key risks and opportunities in the Indonesian construction industry.
  • Analysis of the mega-project pipeline, focusing on developmental stages and participants, in addition to listings of major projects in the pipeline.

Key Highlights

Timetric expects the infrastructure construction market to retain its leading position over the forecast period, with a share of 36.0% of the industry’s total value in 2022, driven by investments in transport infrastructure projects. In the 2018 budget, the government increased its investment on infrastructure development by 4.4%, increasing from IDR387.7 trillion (US$29.0 billion) in 2017 to IDR404.0 trillion (US$29.9 billion) in 2018. Through this, the government plans to build 856.0km of a new road, 781.0km of irrigation channels, 8,761.0km of new bridges and 639.0km of new railway lines across the country.

In March 2018, the Ministry of Energy and Mineral Resources approved Rencana Umum Penyediaan Tenaga Listrik (RUPTL) 2018-2027, a ten-year electricity supply business plan. According to RUPTL, electricity demand in the country is projected to increase by 8.6% annually, going from 216.8TWh in 2016 to 457.0TWh in 2025. PT Perusahaan Listrik Negara (PLN), the state-owned power company, estimates that IDR2.0 quadrillion (US$153.7 billion) in capital investment will be required to develop the country’s electricity system by 2027.

Timetric expects the residential construction market output to record a forecast-period CAGR of 8.41% in nominal terms, driven by the government’s plans to build affordable houses for low- and middle-income households. The government plans to build one million social houses with an investment of IDR66.8 trillion (US$5.0 billion) by 2019. In addition, the government is providing subsidies to low- and middle-income people to buy houses. In 2017, the government announced plans to provide IRD14.6 trillion (US$1.1 trillion) of subsidies to low income families.

Under the National Energy Policy, the government aims to increase the share of renewable energy in the total energy mix from 12.6% in 2017 to 23% in 2025, 25% by 2030 and 31.0% by 2050. Accordingly, the government plans to increase the country’s geothermal power generation capacity from 1.8GW in 2017 to 5.0GW by 2025. Moreover, the government plans to build 16 wind power plants by 2024.

The total construction project pipeline in Indonesia, as tracked by the Construction Intelligence Center (CIC) and including all mega projects with a value above US$25 million, stands at IDR8.5 quadrillion (US$634.4 billion). The pipeline, which includes all projects from pre-planning to execution, has a relatively healthy balance, with 47.7% of the pipeline value being in projects in the pre-planning and planning stages as of May 2018.

Scope
This report provides a comprehensive analysis of the construction industry in Indonesia. It provides –

  • Historical (2013-2017) and forecast (2018-2022) valuations of the construction industry in Indonesia, featuring details of key growth drivers.
  • Segmentation by sector (commercial, industrial, infrastructure, energy, and utilities, institutional and residential) and by sub-sector.
  • Analysis of the mega-project pipeline, including breakdowns by development stage across all sectors, and projected spending on projects in the existing pipeline.
  • Listings of major projects, in addition to details of leading contractors and consultants.

Reasons to buy

  • Identify and evaluate market opportunities using Timetrics standardized valuation and forecasting methodologies.
  • Assess market growth potential at a micro-level with over 600 time-series data forecasts.
  • Understand the latest industry and market trends.
  • Formulate and validate strategy using Timetrics critical and actionable insight.
  • Assess business risks, including cost, regulatory and competitive pressures.
  • Evaluate competitive risk and success factors.

Category: Construction Market Research

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