image

Report Scope & Overview:

The Oil and natural gas storage treminal to even out variations in supply and demand. When prices are higher than they would like, businesses withdraw and store more when prices are low. Underground locations, like drained reservoirs, are the least expensive type of storage. This technique is mostly applied to natural gas: According to regulations, completed oil products cannot be kept in subterranean locations, regulations. Natural gas, completed oil products, finished oil, and crude and refined oil are all stored in ground tanks. Tanks are kept underground at retail places like petrol stations for security reasons. When land storage is full, tanker ships are employed for temporary storage, making them the most expensive choice. There is a minimum amount of crude oil required for operation that cannot be reduced.

Oil & natural Gas Storage Terminal Market Revenue Analysis

To get more information on Oil & Gas Storage Terminal Market - Request Sample Report

End users are seeking for strategies to boost their productivity as the number of terminal activities rises internationally and effectiveness while yet fulfilling customer expectations.

An oil and gas terminal procedures refers to the use of technology and systems to streamline some human tasks in a terminal, particularly those involving load authorization, product transportation, product measurement, documentation, and reporting. These solutions assist businesses in lowering expenses while increasing productivity, efficiency, and safety. The Oil & Gas Storage Terminal Market is anticipated to have high growth during the projected period due to the rising demand for energy throughout the world and rising investments in terminal markets.

MARKET DYNAMICS

KEY DRIVERS:  

  • Increasing demand for oil and gas storage terminal developments.

  • Rising demand for various crude oil and petroleum products.

Increasing demand for crude oil and petroleum-based goods worldwide: Global demand for crude oil and products derived from petroleum has increased dramatically as a result of growing populations, urbanization, and industrialization. Oil storage facilities, particularly oil storage terminals, are becoming more and more in demand as a result of the rising demand for oil and gas products.

RESTRAIN:

  • Growing adoption of renewable sources

OPPORTUNITY: 

  • Falling crude oil prices

As a result of the low oil prices, more people are projected to need oil storage. Some investors would view it as a chance to store crude oil for less money, which is expected to spur the expansion of the oil storage terminal sector.

CHALLENGES:

  • Utilization of Diesel across various sector

  • Floating roof storage terminals will lead market due to their operational advancement.

IMPACT OF RUSSIAN UKRAINE WAR

After Russia invaded Ukraine, the cost of crude oil on the international market soared, rising from around $76 per barrel at the beginning of January 2022 to more than $110 per barrel by March 4 of the same year. Due to increasing demand, which was spurred by the world economies' recovery from the COVID-19 pandemic and poor investment in the oil and gas sector, the price of crude oil was already inflated even before the conflict.

IMPACT OF COVID-19

The COVID-19 pandemic dramatically reduced oil consumption, resulting in a 20% decrease throughout the APEC drop as it begins. Although there have been rolling lockdowns all across the world, consumption is already 10% below 2019 levels. In several nations, the demand for oil has already surpassed pre-virus levels, and the whole APEC oil consumption is expected to approach 2019 levels by 2022. The demand for oil will increase by around 5% during the next five years. However, the pandemic's current stage adds uncertainty to this demand recovery and development trajectory.

KEY MARKET SEGMENTS

By Type

  • Strategic Reserve

  • Commercial Reserve

By Tank Type

  • Fixed Roof

  • Floating Roof

  • Bullet Tank

  • Spherical Tank

By Product

  • Diesel

  • Petrol

  • Aviation Fuel

  • Crude Oil

  • Kerosene

  • Others

Oil & Gas Storage Terminal Market Segmentation Analysis

To Get Customized Report as per your Business Requirement - Request For Customized Report

 REGIONAL ANALYSIS

Asia Pacific is the market leader is expected to see the quickest CAGR growth over the forecast period the expected time frames. Diversification efforts made by certain regional organisations might

boost the business viewpoint and develop fresh expansion ideas. For instance, Yantian Group purchased the oil storage and terminal facilities in Zhoushan and almost 90% of the shares in the Hong Kong-based company Bright Oil Petroleum.

 In Europe increasing production capacity from many major participants in the oil storage terminal industry drives market expansion. Oil storage demand has been rising, stimulating interest in the region and escalating rivalry as businesses look to improve their future positioning and boost profits. The rising need for organic and inorganic extensions is another factor. The territorial landscape is anticipated to be supported by the main players.

REGIONAL COVERAGE:

North America

  • US

  • Canada

  • Mexico

Europe

  • Eastern Europe

    • Poland

    • Romania

    • Hungary

    • Turkey

    • Rest of Eastern Europe

  • Western Europe

    • Germany

    • France

    • UK

    • Italy

    • Spain

    • Netherlands

    • Switzerland

    • Austria

    • Rest of Western Europe

Asia Pacific

  • China

  • India

  • Japan

  • South Korea

  • Vietnam

  • Singapore

  • Australia

  • Rest of Asia Pacific

Middle East & Africa

  • Middle East

    • UAE

    • Egypt

    • Saudi Arabia

    • Qatar

    • Rest of Middle East

  • Africa

    • Nigeria

    • South Africa

    • Rest of Africa

Latin America

  • Brazil

  • Argentina

  • Colombia

  • Rest of Latin America

RECENT DEVELOPMENT

  • The Indian government intends to construct floating LNG storage facilities at all major ports in November 2022, at an estimated cost of Rs 20,000 crore. The project will be available to participation from the commercial sector and should be finished by March 2023. India now has LPG terminals that serve 12 significant ports.

  • Phase 1 of an oil and refined fuels terminal project in Louisiana, with two deep-water ports and one barge dock, was started by NOLA Oil Terminal in December 2021. In order to secure 158 acres of land for this project, which has the capacity to park up to 170,000 tank ships, the US committed $300 million.   

KEY PLAYERS 

 Belco Manufacturing (U.S.), Royal Vopak (Netherlands), Containment Solutions, Inc. (U.S.), Vitol (Switzerland), Oiltanking GmbH (Germany), Koole Terminals (Netherlands), Brooge Energy (UAE), Shell (Netherlands), LBC Tank Terminals (Belgium), Ergon International (U.S.), and other players are listed in a final report.

Royal Vopak (Netherlands)-Company Financial Analysis

Oil & Gas Storage Terminal Market Report Scope:
Report Attributes Details
Base Year  2022
Forecast Period  2023-2030
Historical Data  2020-2021
Report Scope & Coverage Market Size, Segments Analysis, Competitive  Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook
Key Segments • By Type (Strategic Reserve, Commercial Reserve)
• By Tank Type (Fixed Roof, Floating Roof, Bullet Tank, Spherical Tank)
• By Product (Diesel, Petrol, Aviation Fuel, Crude Oil, Kerosene, Others)
Regional Analysis/Coverage North America (US, Canada, Mexico), Europe (Eastern Europe [Poland, Romania, Hungary, Turkey, Rest of Eastern Europe] Western Europe] Germany, France, UK, Italy, Spain, Netherlands, Switzerland, Austria, Rest of Western Europe]). Asia Pacific (China, India, Japan, South Korea, Vietnam, Singapore, Australia, Rest of Asia Pacific), Middle East & Africa (Middle East [UAE, Egypt, Saudi Arabia, Qatar, Rest of Middle East], Africa [Nigeria, South Africa, Rest of Africa], Latin America (Brazil, Argentina, Colombia Rest of Latin America)
Company Profiles Belco Manufacturing (U.S.), Royal Vopak (Netherlands), Containment Solutions, Inc. (U.S.), Vitol (Switzerland), Oiltanking GmbH (Germany), Koole Terminals (Netherlands), Brooge Energy (UAE), Shell (Netherlands), LBC Tank Terminals (Belgium), Ergon International (U.S.)
Key Drivers • Increasing demand for oil and gas storage terminal developments.
• Rising demand for various crude oil and petroleum products.
Market Restraints • Growing adoption of renewable sources

 

Frequently Asked Questions

Ans: Increasing demand for oil and gas storage terminal developments and Rising demand for various crude oil and petroleum products.

Ans: Utilization of Diesel across various sector and Floating roof storage terminals will lead market due to their operational advancement.

Ans: Asia Pacific is the market leader is expected to see the quickest CAGR growth over the forecast period

Ans: Europe is dominating the market.

Ans: Utilization of Diesel across various sector and Floating roof storage terminals will lead market due to their operational advancement.

Table of Contents

1. Introduction
1.1 Market Definition
1.2 Scope
1.3 Research Assumptions

2. Research Methodology

3. Market Dynamics
3.1 Drivers
3.2 Restraints
3.3 Opportunities
3.4 Challenges

4. Impact Analysis
4.1 Impact of the Ukraine- Russia war
4.2 Impact of ongoing Recession
4.2.1 Introduction
4.2.2 Impact on major economies
4.2.2.1 US
4.2.2.2 Canada
4.2.2.3 Germany
4.2.2.4 France
4.2.2.5 United Kingdom
4.2.2.6 China
4.2.2.7 Japan
4.2.2.8 South Korea
4.2.2.9 Rest of the World

5. Value Chain Analysis

6. Porter’s 5 forces model

7. PEST Analysis

8. Oil & Gas Storage Terminal Market Segmentation, By Type
8.1 Strategic Reserve
8.2 Commercial Reserve

9. Oil & Gas Storage Terminal Market Segmentation, By Tank Type
9.1 Fixed Roof
9.2 Floating Roof
9.3 Bullet Tank
9.4 Spherical Tank

10. Oil & Gas Storage Terminal Market Segmentation, By Product
10.1 Diesel
10.2 Petrol
10.3 Aviation Fuel
10.4 Crude Oil
10.5 Kerosene
10.6 Others

11. Regional Analysis
11.1 Introduction
11.2 North America
11.2.1 North America Oil & Gas Storage Terminal Market by country
11.2.2North America Oil & Gas Storage Terminal Market by Type
11.2.3 North America Oil & Gas Storage Terminal Market by Tank Type
11.2.4 North America Oil & Gas Storage Terminal Market by Product
11.2.5 USA
11.2.5.1 USA Oil & Gas Storage Terminal Market by Type
11.2.5.2 USA Oil & Gas Storage Terminal Market by Tank Type
11.2.5.3 USA Oil & Gas Storage Terminal Market by Product
11.2.6 Canada
11.2.6.1 Canada Oil & Gas Storage Terminal Market by Type
11.2.6.2 Canada Oil & Gas Storage Terminal Market by Tank Type
11.2.6.3 Canada Oil & Gas Storage Terminal Market by Product
11.2.7 Mexico
11.2.7.1 Mexico Oil & Gas Storage Terminal Market by Type
11.2.7.2 Mexico Oil & Gas Storage Terminal Market by Tank Type
11.2.7.3 Mexico Oil & Gas Storage Terminal Market by Product
11.3 Europe
11.3.1 Eastern Europe
11.3.1.1 Eastern Europe Oil & Gas Storage Terminal Market by country
11.3.1.2 Eastern Europe Oil & Gas Storage Terminal Market by Type
11.3.1.3 Eastern Europe Oil & Gas Storage Terminal Market by Tank Type
11.3.1.4 Eastern Europe Oil & Gas Storage Terminal Market by Product
11.3.1.5 Poland
11.3.1.5.1 Poland Oil & Gas Storage Terminal Market by Type
11.3.1.5.2 Poland Oil & Gas Storage Terminal Market by Tank Type
11.3.1.5.3 Poland Oil & Gas Storage Terminal Market by Product
11.3.1.6 Romania
11.3.1.6.1 Romania Oil & Gas Storage Terminal Market by Type
11.3.1.6.2 Romania Oil & Gas Storage Terminal Market by Tank Type
11.3.1.6.4 Romania Oil & Gas Storage Terminal Market by Product
11.3.1.7 Turkey
11.3.1.7.1 Turkey Oil & Gas Storage Terminal Market by Type
11.3.1.7.2 Turkey Oil & Gas Storage Terminal Market by Tank Type
11.3.1.7.3 Turkey Oil & Gas Storage Terminal Market by Product
11.3.1.8 Rest of Eastern Europe
11.3.1.8.1 Rest of Eastern Europe Oil & Gas Storage Terminal Market by Type
11.3.1.8.2 Rest of Eastern Europe Oil & Gas Storage Terminal Market by Tank Type
11.3.1.8.3 Rest of Eastern Europe Oil & Gas Storage Terminal Market by Product
11.3.2 Western Europe
11.3.2.1 Western Europe Oil & Gas Storage Terminal Market by Type
11.3.2.2 Western Europe Oil & Gas Storage Terminal Market by Tank Type
11.3.2.3 Western Europe Oil & Gas Storage Terminal Market by Product
11.3.2.4 Germany
11.3.2.4.1 Germany Oil & Gas Storage Terminal Market by Type
11.3.2.4.2 Germany Oil & Gas Storage Terminal Market by Tank Type
11.3.2.4.3 Germany Oil & Gas Storage Terminal Market by Product
11.3.2.5 France
11.3.2.5.1 France Oil & Gas Storage Terminal Market by Type
11.3.2.5.2 France Oil & Gas Storage Terminal Market by Tank Type
11.3.2.5.3 France Oil & Gas Storage Terminal Market by Product
11.3.2.6 UK
11.3.2.6.1 UK Oil & Gas Storage Terminal Market by Type
11.3.2.6.2 UK Oil & Gas Storage Terminal Market by Tank Type
11.3.2.6.3 UK Oil & Gas Storage Terminal Market by Product
11.3.2.7 Italy
11.3.2.7.1 Italy Oil & Gas Storage Terminal Market by Type
11.3.2.7.2 Italy Oil & Gas Storage Terminal Market by Tank Type
11.3.2.7.3 Italy Oil & Gas Storage Terminal Market by Product
11.3.2.8 Spain
11.3.2.8.1 Spain Oil & Gas Storage Terminal Market by Type
11.3.2.8.2 Spain Oil & Gas Storage Terminal Market by Tank Type
11.3.2.8.3 Spain Oil & Gas Storage Terminal Market by Product
11.3.2.9 Netherlands
11.3.2.9.1 Netherlands Oil & Gas Storage Terminal Market by Type
11.3.2.9.2 Netherlands Oil & Gas Storage Terminal Market by Tank Type
11.3.2.9.3 Netherlands Oil & Gas Storage Terminal Market by Product
11.3.2.10 Switzerland
11.3.2.10.1 Switzerland Oil & Gas Storage Terminal Market by Type
11.3.2.10.2 Switzerland Oil & Gas Storage Terminal Market by Tank Type
11.3.2.10.3 Switzerland Oil & Gas Storage Terminal Market by Product
11.3.2.11.1 Austria
11.3.2.11.2 Austria Oil & Gas Storage Terminal Market by Type
11.3.2.11.3 Austria Oil & Gas Storage Terminal Market by Tank Type
11.3.2.11.4 Austria Oil & Gas Storage Terminal Market by Product
11.3.2.12 Rest of Western Europe
11.3.2.12.1 Rest of Western Europe Oil & Gas Storage Terminal Market by Type
11.3.2.12.2 Rest of Western Europe Oil & Gas Storage Terminal Market by Tank Type
11.3.2.12.3 Rest of Western Europe Oil & Gas Storage Terminal Market by Product
11.4 Asia-Pacific
11.4.1 Asia-Pacific Oil & Gas Storage Terminal Market by country
11.4.2 Asia-Pacific Oil & Gas Storage Terminal Market by Type
11.4.3 Asia-Pacific Oil & Gas Storage Terminal Market by Tank Type
11.4.4 Asia-Pacific Oil & Gas Storage Terminal Market by Product
11.4.5 China
11.4.5.1 China Oil & Gas Storage Terminal Market by Type
11.4.5.2 China Oil & Gas Storage Terminal Market by Product
11.4.5.3 China Oil & Gas Storage Terminal Market by Tank Type
11.4.6 India
11.4.6.1 India Oil & Gas Storage Terminal Market by Type
11.4.6.2 India Oil & Gas Storage Terminal Market by Tank Type
11.4.6.3 India Oil & Gas Storage Terminal Market by Product
11.4.7 Japan
11.4.7.1 Japan Oil & Gas Storage Terminal Market by Type
11.4.7.2 Japan Oil & Gas Storage Terminal Market by Tank Type
11.4.7.3 Japan Oil & Gas Storage Terminal Market by Product
11.4.8 South Korea
11.4.8.1 South Korea Oil & Gas Storage Terminal Market by Type
11.4.8.2 South Korea Oil & Gas Storage Terminal Market by Tank Type
11.4.8.3 South Korea Oil & Gas Storage Terminal Market by Product
11.4.9 Vietnam
11.4.9.1 Vietnam Oil & Gas Storage Terminal Market by Type
11.4.9.2 Vietnam Oil & Gas Storage Terminal Market by Tank Type
11.4.9.3 Vietnam Oil & Gas Storage Terminal Market by Product
11.4.10 Singapore
11.4.10.1 Singapore Oil & Gas Storage Terminal Market by Type
11.4.10.2 Singapore Oil & Gas Storage Terminal Market by Tank Type
11.4.10.3 Singapore Oil & Gas Storage Terminal Market by Product
11.4.11 Australia
11.4.11.1 Australia Oil & Gas Storage Terminal Market by Type
11.4.11.2 Australia Oil & Gas Storage Terminal Market by Tank Type
11.4.11.3 Australia Oil & Gas Storage Terminal Market by Product
11.4.12 Rest of Asia-Pacific
11.4.12.1 Rest of Asia-Pacific Oil & Gas Storage Terminal Market by Type
11.4.12.2 Rest of Asia-Pacific Oil & Gas Storage Terminal Market by Tank Type
11.4.12.3 Rest of Asia-Pacific Oil & Gas Storage Terminal Market by Product
11.5 Middle East & Africa
11.5.1 Middle East
11.5.1.1 Middle East Oil & Gas Storage Terminal Market by country
11.5.1.2 Middle East Oil & Gas Storage Terminal Market by Type
11.5.1.3 Middle East Oil & Gas Storage Terminal Market by Tank Type
11.5.1.4 Middle East Oil & Gas Storage Terminal Market by Product
11.5.1.5 UAE
11.5.1.5.1 UAE Oil & Gas Storage Terminal Market by Type
11.5.1.5.2 UAE Oil & Gas Storage Terminal Market by Tank Type
11.5.1.5.3 UAE Oil & Gas Storage Terminal Market by Product
11.5.1.6 Egypt
11.5.1.6.1 Egypt Oil & Gas Storage Terminal Market by Type
11.5.1.6.2 Egypt Oil & Gas Storage Terminal Market by Tank Type
11.5.1.6.3 Egypt Oil & Gas Storage Terminal Market by Product
11.5.1.7 Saudi Arabia
11.5.1.7.1 Saudi Arabia Oil & Gas Storage Terminal Market by Type
11.5.1.7.2 Saudi Arabia Oil & Gas Storage Terminal Market by Tank Type
11.5.1.7.3 Saudi Arabia Oil & Gas Storage Terminal Market by Product
11.5.1.8 Qatar
11.5.1.8.1 Qatar Oil & Gas Storage Terminal Market by Type
11.5.1.8.2 Qatar Oil & Gas Storage Terminal Market by Tank Type
11.5.1.8.3 Qatar Oil & Gas Storage Terminal Market by Product
11.5.1.9 Rest of Middle East
11.5.1.9.1 Rest of Middle East Oil & Gas Storage Terminal Market by Type
11.5.1.9.2 Rest of Middle East Oil & Gas Storage Terminal Market by Tank Type
11.5.1.9.3 Rest of Middle East Oil & Gas Storage Terminal Market by Product
11.5.2 Africa
11.5.2.1 Africa Transfusion Diagnostics Market by country
11.5.2.2 Africa Oil & Gas Storage Terminal Market by Type
11.5.2.3 Africa Oil & Gas Storage Terminal Market by Tank Type
11.5.2.4 Africa Oil & Gas Storage Terminal Market by Product
11.5.2.5 Nigeria
11.5.2.5.1 Nigeria Oil & Gas Storage Terminal Market by Type
11.5.2.5.2 Nigeria Oil & Gas Storage Terminal Market by Tank Type
11.5.2.5.3 Nigeria Oil & Gas Storage Terminal Market by Product
11.5.2.6 South Africa
11.5.2.6.1 South Africa Oil & Gas Storage Terminal Market by Type
11.5.2.6.2 South Africa Oil & Gas Storage Terminal Market by Tank Type
11.5.2.6.3 South Africa Oil & Gas Storage Terminal Market by Product
11.5.2.7 Rest of Africa
11.5.2.7.1 Rest of Africa Oil & Gas Storage Terminal Market by Type
11.5.2.7.2 Rest of Africa Oil & Gas Storage Terminal Market by Tank Type
11.5.2.7.3 Rest of Africa Oil & Gas Storage Terminal Market by Product
11.6 Latin America
11.6.1 Latin America Oil & Gas Storage Terminal Market by country
11.6.2 Latin America Oil & Gas Storage Terminal Market by Type
11.6.3 Latin America Oil & Gas Storage Terminal Market by Tank Type
11.6.4 Latin America Oil & Gas Storage Terminal Market by Product
11.6.5 Brazil
11.6.5.1 Brazil America Oil & Gas Storage Terminal Market by Type
11.6.5.2 Brazil America Oil & Gas Storage Terminal Market by Tank Type
11.6.5.3 Brazil America Oil & Gas Storage Terminal Market by Product
11.6.6 Argentina
11.6.6.1 Argentina America Oil & Gas Storage Terminal Market by Type
11.6.6.2 Argentina America Oil & Gas Storage Terminal Market by Tank Type
11.6.6.3 Argentina America Oil & Gas Storage Terminal Market by Product
11.6.7 Colombia
11.6.7.1 Colombia America Oil & Gas Storage Terminal Market by Type
11.6.7.2 Colombia America Oil & Gas Storage Terminal Market by Tank Type
11.6.7.3 Colombia America Oil & Gas Storage Terminal Market by Product
11.6.8 Rest of Latin America
11.6.8.1 Rest of Latin America Oil & Gas Storage Terminal Market by Type
11.6.8.2 Rest of Latin America Oil & Gas Storage Terminal Market by Tank Type
11.6.8.3 Rest of Latin America Oil & Gas Storage Terminal Market by Product

12 Company profile
12.1 Belco Manufacturing (U.S.)
12.1.1 Company Overview
12.1.2 Financial
12.1.3 Products/ Services Offered
12.1.4 SWOT Analysis
12.1.5 The SNS View
12.2 Royal Vopak (Netherlands)
12.2.1 Company Overview
12.2.2 Financials
12.2.3 Product/Services Offered
12.2.4 SWOT Analysis
12.2.5 The SNS View
12.3 Containment Solutions, Inc. (U.S.)
12.3.1 Company Overview
12.3.2 Financials
12.3.3 Product/Services Offered
12.3.4 SWOT Analysis
12.3.5 The SNS View
12.4 Vitol (Switzerland)
12.4.1 Company Overview
12.4.2 Financials
12.4.3 Product/Services Offered
12.4.4 SWOT Analysis
12.4.5 The SNS View
12.5 Oiltanking GmbH (Germany)
12.5.1 Company Overview
12.5.2 Financials
12.5.3 Product/Services Offered
12.5.4 SWOT Analysis
12.5.5 The SNS View
12.6 Koole Terminals (Netherlands)
12.6.1 Company Overview
12.6.2 Financials
12.6.3 Product/Services Offered
12.6.4 SWOT Analysis
12.6.5 The SNS View
12.7 Brooge Energy (UAE)
12.7.1 Company Overview
12.7.2 Financials
12.7.3 Product/Services Offered
12.7.4 SWOT Analysis
12.7.5 The SNS View
12.8 Shell (Netherlands)
12.8.1 Company Overview
12.8.2 Financials
12.8.3 Product/Services Offered
12.8.4 SWOT Analysis
12.8.5 The SNS View
12.9 LBC Tank Terminals (Belgium)
12.9.1 Company Overview
12.9.2 Financials
12.9.3 Product/Services Offered
12.9.4 SWOT Analysis
12.9.5 The SNS View
12.10 Ergon International (U.S.)
12.10.1 Company Overview
12.10.2 Financials
12.10.3 Product/Services Offered
12.10.4 SWOT Analysis
12.10.5 The SNS View

13. Competitive Landscape
13. Competitive Landscape
13.1 Competitive Bench marking
13.2 Market Share Analysis
13.3 Recent Developments
13.3.1 Industry News
13.3.2 Company News
13.3.3 Mergers & Acquisitions

14. Use Case and Best Practices

15. Conclusion

An accurate research report requires proper strategizing as well as implementation. There are multiple factors involved in the completion of good and accurate research report and selecting the best methodology to compete the research is the toughest part. Since the research reports we provide play a crucial role in any company’s decision-making process, therefore we at SNS Insider always believe that we should choose the best method which gives us results closer to reality. This allows us to reach at a stage wherein we can provide our clients best and accurate investment to output ratio.

Each report that we prepare takes a timeframe of 350-400 business hours for production. Starting from the selection of titles through a couple of in-depth brain storming session to the final QC process before uploading our titles on our website we dedicate around 350 working hours. The titles are selected based on their current market cap and the foreseen CAGR and growth.

 

The 5 steps process:

Step 1: Secondary Research:

Secondary Research or Desk Research is as the name suggests is a research process wherein, we collect data through the readily available information. In this process we use various paid and unpaid databases which our team has access to and gather data through the same. This includes examining of listed companies’ annual reports, Journals, SEC filling etc. Apart from this our team has access to various associations across the globe across different industries. Lastly, we have exchange relationships with various university as well as individual libraries.

Secondary Research

Step 2: Primary Research

When we talk about primary research, it is a type of study in which the researchers collect relevant data samples directly, rather than relying on previously collected data.  This type of research is focused on gaining content specific facts that can be sued to solve specific problems. Since the collected data is fresh and first hand therefore it makes the study more accurate and genuine.

We at SNS Insider have divided Primary Research into 2 parts.

Part 1 wherein we interview the KOLs of major players as well as the upcoming ones across various geographic regions. This allows us to have their view over the market scenario and acts as an important tool to come closer to the accurate market numbers. As many as 45 paid and unpaid primary interviews are taken from both the demand and supply side of the industry to make sure we land at an accurate judgement and analysis of the market.

This step involves the triangulation of data wherein our team analyses the interview transcripts, online survey responses and observation of on filed participants. The below mentioned chart should give a better understanding of the part 1 of the primary interview.

Primary Research

Part 2: In this part of primary research the data collected via secondary research and the part 1 of the primary research is validated with the interviews from individual consultants and subject matter experts.

Consultants are those set of people who have at least 12 years of experience and expertise within the industry whereas Subject Matter Experts are those with at least 15 years of experience behind their back within the same space. The data with the help of two main processes i.e., FGDs (Focused Group Discussions) and IDs (Individual Discussions). This gives us a 3rd party nonbiased primary view of the market scenario making it a more dependable one while collation of the data pointers.

Step 3: Data Bank Validation

Once all the information is collected via primary and secondary sources, we run that information for data validation. At our intelligence centre our research heads track a lot of information related to the market which includes the quarterly reports, the daily stock prices, and other relevant information. Our data bank server gets updated every fortnight and that is how the information which we collected using our primary and secondary information is revalidated in real time.

Data Bank Validation

Step 4: QA/QC Process

After all the data collection and validation our team does a final level of quality check and quality assurance to get rid of any unwanted or undesired mistakes. This might include but not limited to getting rid of the any typos, duplication of numbers or missing of any important information. The people involved in this process include technical content writers, research heads and graphics people. Once this process is completed the title gets uploader on our platform for our clients to read it.

Step 5: Final QC/QA Process:

This is the last process and comes when the client has ordered the study. In this process a final QA/QC is done before the study is emailed to the client. Since we believe in giving our clients a good experience of our research studies, therefore, to make sure that we do not lack at our end in any way humanly possible we do a final round of quality check and then dispatch the study to the client.

Start a Conversation

Hi! Click one of our member below to chat on Phone