Study Period | 2019-2032 |
Base Year | 2023 |
Forcast Year | 2023-2032 |
CAGR | 9.55 |
Electronic Tongue Market Analysis Report 2023-2032:
The Electronic Tongue Market size is estimated to grow at a CAGR of 6.78% between 2022 and 2032. The market size is forecast to increase by USD 1,245.32 million. The growth of the market depends on several factors, including the rising demand for quality control in the food and beverage industry, increasing adoption of electronic tongues in pharmaceutical and environmental monitoring applications, and advancements in sensor technology. An electronic tongue refers to an analytical device that mimics the human sense of taste and is used to analyze and differentiate between different taste profiles. It consists of an array of sensors that can detect and measure various chemical compounds present in a sample, providing valuable information about its taste and composition. The electronic tongue finds applications in industries such as food and beverage, pharmaceuticals, environmental monitoring, and others, where taste analysis plays a crucial role in quality control and product development processes.
Electronic Tongue Market Overview
Drivers
One of the key factors driving the electronic tongue market growth is the increasing demand for quality control in the food and beverage industry. With the growing consumer demand for high-quality and consistent products, manufacturers in the food and beverage industry are focusing on implementing stringent quality control measures. The electronic tongue technology offers a reliable and efficient solution for taste analysis, allowing manufacturers to ensure the consistency and quality of their products. It enables them to detect variations in taste profiles, identify contaminants or adulterants, and make necessary adjustments to maintain product quality. As a result, the adoption of electronic tongues in the food and beverage industry is expected to drive market growth during the forecast period.
Trends
A key trend shaping the electronic tongue market growth is the increasing adoption of electronic tongues in pharmaceutical and environmental monitoring applications. In the pharmaceutical industry, electronic tongues are used for taste analysis of drugs and formulations, helping manufacturers optimize the taste and palatability of medications. Additionally, electronic tongues find applications in environmental monitoring, where they can detect and analyze taste profiles of water samples, helping in the identification of contaminants and pollutants. The ability of electronic tongues to provide rapid and accurate taste analysis makes them valuable tools in these applications. Hence, the increasing adoption of electronic tongues in pharmaceutical and environmental monitoring sectors is expected to drive market growth during the forecast period.
One of the key challenges hindering the electronic tongue market growth is the high cost of implementation. Electronic tongue technology involves the use of sophisticated sensors and analytical systems, which can be expensive to develop and deploy. The high cost of electronic tongues can limit their adoption, especially among small and medium-sized enterprises with budget constraints. Additionally, the complexity of the technology and the need for specialized expertise for operation and maintenance further add to the overall cost. As a result, the high cost of implementation acts as a restraint for market growth during the forecast period.
Electronic Tongue Market Segmentation By Application
The food and beverage industry segment is estimated to witness significant growth during the forecast period. Electronic tongues play a crucial role in taste analysis and quality control processes in the food and beverage industry. They enable manufacturers to analyze the taste profiles of various food and beverage products, ensuring consistency and quality. Electronic tongues can detect variations in taste caused by factors such as ingredient quality, processing conditions, and storage conditions. By analyzing taste profiles, manufacturers can make necessary adjustments to maintain product quality and meet consumer expectations. Hence, the adoption of electronic tongues in the food and beverage industry is expected to drive the growth of this segment, thereby driving the market growth during the forecast period.
Electronic Tongue Market Segmentation By Type
The sensor-based electronic tongue segment is expected to witness significant growth during the forecast period. Sensor-based electronic tongues consist of an array of sensors that can detect and measure various chemical compounds present in a sample. These sensors provide valuable information about the taste and composition of the sample, enabling accurate taste analysis. Sensor-based electronic tongues offer advantages such as rapid analysis, high sensitivity, and the ability to detect a wide range of taste compounds. These features make them suitable for various applications in industries such as food and beverage, pharmaceuticals, and environmental monitoring. Hence, the increasing adoption of sensor-based electronic tongues is expected to drive the growth of this segment, thereby driving the market growth during the forecast period.
Regional Overview
North America is estimated to contribute 38% to the growth of the global market during the forecast period. The presence of key market players and the increasing adoption of electronic tongues in various industries are the main factors contributing to the growth of the electronic tongue market in North America. The region is home to several prominent manufacturers and research institutions that are actively involved in the development and commercialization of electronic tongue technology. Additionally, the stringent quality control regulations in industries such as food and beverage and pharmaceuticals drive the demand for electronic tongues in the region. Hence, the presence of key market players and the increasing adoption of electronic tongues in North America are expected to drive market growth during the forecast period.
In 2020, during the COVID-19 pandemic, the growth of the global electronic tongue market witnessed a temporary slowdown due to disruptions in supply chains and manufacturing operations. However, with the gradual resumption of economic activities and the increasing focus on quality control in various industries, the market is expected to recover and witness growth during the forecast period.
Electronic Tongue Market Customer Landscape
The electronic tongue market industry report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.
Who are the Major Electronic Tongue Market Companies?
Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.
Alpha MOS: The company offers electronic tongues such as the Heracles electronic tongue system, the Astree electronic tongue system, and the Fox electronic tongue system.
Insent: The company offers electronic tongues such as the Insent Taste Analyzer, a portable electronic tongue device for taste analysis.
Intelligent Sensor Technology: The company offers electronic tongues such as the IST-Quadriga electronic tongue system, the IST-Quadriga Mini electronic tongue system, and the IST-Quadriga Pro electronic tongue system.
The research report also includes detailed analyses of the competitive landscape of the market and information about 20 market companies, including:
Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.
Segment Overview
The electronic tongue market report forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2019 to 2032.
o Food and beverage industry
o Pharmaceutical industry
o Environmental monitoring
o Others
o Sensor-based electronic tongues
o Optical-based electronic tongues
o Electrochemical-based electronic tongues
o Nano-based electronic tongues
o Others
o North America
The U.S.
Canada
o Europe
U.K.
Germany
France
Rest of Europe
o APAC
China
India
South America
Middle East & Africa
Table of Contents
Global Electronic Tongue Market Research Report 2018
1 Electronic Tongue Market Overview
1.1 Product Overview and Scope of Electronic Tongue
1.2 Electronic Tongue Segment by Type (Product Category)
1.2.1 Global Electronic Tongue Production and CAGR (%) Comparison by Type (Product Category)(2013-2025)
1.2.2 Global Electronic Tongue Production Market Share by Type (Product Category) in 2017
1.2.3 Potential
1.2.4 Volt-Ampere
1.2.5 Impedance Spectrum
1.2.6 Others
1.3 Global Electronic Tongue Segment by Application
1.3.1 Electronic Tongue Consumption (Sales) Comparison by Application (2013-2025)
1.3.2 Food & Beeverage
1.3.3 Medical
1.3.4 Industrial
1.3.5 Others
1.4 Global Electronic Tongue Market by Region (2013-2025)
1.4.1 Global Electronic Tongue Market Size (Value) and CAGR (%) Comparison by Region (2013-2025)
1.4.2 United States Status and Prospect (2013-2025)
1.4.3 EU Status and Prospect (2013-2025)
1.4.4 China Status and Prospect (2013-2025)
1.4.5 Japan Status and Prospect (2013-2025)
1.4.6 South Korea Status and Prospect (2013-2025)
1.4.7 Taiwan Status and Prospect (2013-2025)
1.5 Global Market Size (Value) of Electronic Tongue (2013-2025)
1.5.1 Global Electronic Tongue Revenue Status and Outlook (2013-2025)
1.5.2 Global Electronic Tongue Capacity, Production Status and Outlook (2013-2025)
2 Global Electronic Tongue Market Competition by Manufacturers
2.1 Global Electronic Tongue Capacity, Production and Share by Manufacturers (2013-2018)
2.1.1 Global Electronic Tongue Capacity and Share by Manufacturers (2013-2018)
2.1.2 Global Electronic Tongue Production and Share by Manufacturers (2013-2018)
2.2 Global Electronic Tongue Revenue and Share by Manufacturers (2013-2018)
2.3 Global Electronic Tongue Average Price by Manufacturers (2013-2018)
2.4 Manufacturers Electronic Tongue Manufacturing Base Distribution, Sales Area and Product Type
2.5 Electronic Tongue Market Competitive Situation and Trends
2.5.1 Electronic Tongue Market Concentration Rate
2.5.2 Electronic Tongue Market Share of Top 3 and Top 5 Manufacturers
2.5.3 Mergers & Acquisitions, Expansion
3 Global Electronic Tongue Capacity, Production, Revenue (Value) by Region (2013-2018)
3.1 Global Electronic Tongue Capacity and Market Share by Region (2013-2018)
3.2 Global Electronic Tongue Production and Market Share by Region (2013-2018)
3.3 Global Electronic Tongue Revenue (Value) and Market Share by Region (2013-2018)
3.4 Global Electronic Tongue Capacity, Production, Revenue, Price and Gross Margin (2013-2018)
3.5 United States Electronic Tongue Capacity, Production, Revenue, Price and Gross Margin (2013-2018)
3.6 EU Electronic Tongue Capacity, Production, Revenue, Price and Gross Margin (2013-2018)
3.7 China Electronic Tongue Capacity, Production, Revenue, Price and Gross Margin (2013-2018)
3.8 Japan Electronic Tongue Capacity, Production, Revenue, Price and Gross Margin (2013-2018)
3.9 South Korea Electronic Tongue Capacity, Production, Revenue, Price and Gross Margin (2013-2018)
3.10 Taiwan Electronic Tongue Capacity, Production, Revenue, Price and Gross Margin (2013-2018)
4 Global Electronic Tongue Supply (Production), Consumption, Export, Import by Region (2013-2018)
4.1 Global Electronic Tongue Consumption by Region (2013-2018)
4.2 United States Electronic Tongue Production, Consumption, Export, Import (2013-2018)
4.3 EU Electronic Tongue Production, Consumption, Export, Import (2013-2018)
4.4 China Electronic Tongue Production, Consumption, Export, Import (2013-2018)
4.5 Japan Electronic Tongue Production, Consumption, Export, Import (2013-2018)
4.6 South Korea Electronic Tongue Production, Consumption, Export, Import (2013-2018)
4.7 Taiwan Electronic Tongue Production, Consumption, Export, Import (2013-2018)
5 Global Electronic Tongue Production, Revenue (Value), Price Trend by Type
5.1 Global Electronic Tongue Production and Market Share by Type (2013-2018)
5.2 Global Electronic Tongue Revenue and Market Share by Type (2013-2018)
5.3 Global Electronic Tongue Price by Type (2013-2018)
5.4 Global Electronic Tongue Production Growth by Type (2013-2018)
6 Global Electronic Tongue Market Analysis by Application
6.1 Global Electronic Tongue Consumption and Market Share by Application (2013-2018)
6.2 Global Electronic Tongue Consumption Growth Rate by Application (2013-2018)
6.3 Market Drivers and Opportunities
6.3.1 Potential Applications
6.3.2 Emerging Markets/Countries
7 Global Electronic Tongue Manufacturers Profiles/Analysis
7.1 INSENT
7.1.1 Company Basic Information, Manufacturing Base, Sales Area and Its Competitors
7.1.2 Electronic Tongue Product Category, Application and Specification
7.1.2.1 Product A
7.1.2.2 Product B
7.1.3 INSENT Electronic Tongue Capacity, Production, Revenue, Price and Gross Margin (2013-2018)
7.1.4 Main Business/Business Overview
7.2 Isenso
7.2.1 Company Basic Information, Manufacturing Base, Sales Area and Its Competitors
7.2.2 Electronic Tongue Product Category, Application and Specification
7.2.2.1 Product A
7.2.2.2 Product B
7.2.3 Isenso Electronic Tongue Capacity, Production, Revenue, Price and Gross Margin (2013-2018)
7.2.4 Main Business/Business Overview
7.3 Shanghai Baosheng
7.3.1 Company Basic Information, Manufacturing Base, Sales Area and Its Competitors
7.3.2 Electronic Tongue Product Category, Application and Specification
7.3.2.1 Product A
7.3.2.2 Product B
7.3.3 Shanghai Baosheng Electronic Tongue Capacity, Production, Revenue, Price and Gross Margin (2013-2018)
7.3.4 Main Business/Business Overview
...
8 Electronic Tongue Manufacturing Cost Analysis
8.1 Electronic Tongue Key Raw Materials Analysis
8.1.1 Key Raw Materials
8.1.2 Price Trend of Key Raw Materials
8.1.3 Key Suppliers of Raw Materials
8.1.4 Market Concentration Rate of Raw Materials
8.2 Proportion of Manufacturing Cost Structure
8.2.1 Raw Materials
8.2.2 Labor Cost
8.2.3 Manufacturing Expenses
8.3 Manufacturing Process Analysis of Electronic Tongue
9 Industrial Chain, Sourcing Strategy and Downstream Buyers
9.1 Electronic Tongue Industrial Chain Analysis
9.2 Upstream Raw Materials Sourcing
9.3 Raw Materials Sources of Electronic Tongue Major Manufacturers in 2017
9.4 Downstream Buyers
10 Marketing Strategy Analysis, Distributors/Traders
10.1 Marketing Channel
10.1.1 Direct Marketing
10.1.2 Indirect Marketing
10.1.3 Marketing Channel Development Trend
10.2 Market Positioning
10.2.1 Pricing Strategy
10.2.2 Brand Strategy
10.2.3 Target Client
10.3 Distributors/Traders List
11 Market Effect Factors Analysis
11.1 Technology Progress/Risk
11.1.1 Substitutes Threat
11.1.2 Technology Progress in Related Industry
11.2 Consumer Needs/Customer Preference Change
11.3 Economic/Political Environmental Change
12 Global Electronic Tongue Market Forecast (2018-2025)
12.1 Global Electronic Tongue Capacity, Production, Revenue Forecast (2018-2025)
12.1.1 Global Electronic Tongue Capacity, Production and Growth Rate Forecast (2018-2025)
12.1.2 Global Electronic Tongue Revenue and Growth Rate Forecast (2018-2025)
12.1.3 Global Electronic Tongue Price and Trend Forecast (2018-2025)
12.2 Global Electronic Tongue Production, Consumption , Import and Export Forecast by Region (2018-2025)
12.2.1 United States Electronic Tongue Production, Revenue, Consumption, Export and Import Forecast (2018-2025)
12.2.2 EU Electronic Tongue Production, Revenue, Consumption, Export and Import Forecast (2018-2025)
12.2.3 China Electronic Tongue Production, Revenue, Consumption, Export and Import Forecast (2018-2025)
12.2.4 Japan Electronic Tongue Production, Revenue, Consumption, Export and Import Forecast (2018-2025)
12.2.5 South Korea Electronic Tongue Production, Revenue, Consumption, Export and Import Forecast (2018-2025)
12.2.6 Taiwan Electronic Tongue Production, Revenue, Consumption, Export and Import Forecast (2018-2025)
12.3 Global Electronic Tongue Production, Revenue and Price Forecast by Type (2018-2025)
12.4 Global Electronic Tongue Consumption Forecast by Application (2018-2025)
13 Research Findings and Conclusion
14 Appendix
14.1 Methodology/Research Approach
14.1.1 Research Programs/Design
14.1.2 Market Size Estimation
14.1.3 Market Breakdown and Data Triangulation
14.2 Data Source
14.2.1 Secondary Sources
14.2.2 Primary Sources
14.3 Disclaimer
List of Tables and Figures
Figure Picture of Electronic Tongue
Figure Global Electronic Tongue Production (K Units) and CAGR (%) Comparison by Types (Product Category) (2013-2025)
Figure Global Electronic Tongue Production Market Share by Types (Product Category) in 2017
Figure Product Picture of Potential
Table Major Manufacturers of Potential
Figure Product Picture of Volt-Ampere
Table Major Manufacturers of Volt-Ampere
Figure Product Picture of Impedance Spectrum
Table Major Manufacturers of Impedance Spectrum
Figure Product Picture of Others
Table Major Manufacturers of Others
Figure Global Electronic Tongue Consumption (K Units) by Applications (2013-2025)
Figure Global Electronic Tongue Consumption Market Share by Applications in 2017
Figure Food & Beeverage Examples
Table Key Downstream Customer in Food & Beeverage
Figure Medical Examples
Table Key Downstream Customer in Medical
Figure Industrial Examples
Table Key Downstream Customer in Industrial
Figure Others Examples
Table Key Downstream Customer in Others
Figure Global Electronic Tongue Market Size (Million USD), Comparison (K Units) and CAGR (%) by Regions (2013-2025)
Figure United States Electronic Tongue Revenue (Million USD) and Growth Rate (2013-2025)
Figure EU Electronic Tongue Revenue (Million USD) and Growth Rate (2013-2025)
Figure China Electronic Tongue Revenue (Million USD) and Growth Rate (2013-2025)
Figure Japan Electronic Tongue Revenue (Million USD) and Growth Rate (2013-2025)
Figure South Korea Electronic Tongue Revenue (Million USD) and Growth Rate (2013-2025)
Figure Taiwan Electronic Tongue Revenue (Million USD) and Growth Rate (2013-2025)
Figure Global Electronic Tongue Revenue (Million USD) Status and Outlook (2013-2025)
Figure Global Electronic Tongue Capacity, Production (K Units) Status and Outlook (2013-2025)
Figure Global Electronic Tongue Major Players Product Capacity (K Units) (2013-2018)
Table Global Electronic Tongue Capacity (K Units) of Key Manufacturers (2013-2018)
Table Global Electronic Tongue Capacity Market Share of Key Manufacturers (2013-2018)
Figure Global Electronic Tongue Capacity (K Units) of Key Manufacturers in 2017
Figure Global Electronic Tongue Capacity (K Units) of Key Manufacturers in 2018
Figure Global Electronic Tongue Major Players Product Production (K Units) (2013-2018)
Table Global Electronic Tongue Production (K Units) of Key Manufacturers (2013-2018)
Table Global Electronic Tongue Production Share by Manufacturers (2013-2018)
Figure 2017 Electronic Tongue Production Share by Manufacturers
Figure 2017 Electronic Tongue Production Share by Manufacturers
Figure Global Electronic Tongue Major Players Product Revenue (Million USD) (2013-2018)
Table Global Electronic Tongue Revenue (Million USD) by Manufacturers (2013-2018)
Table Global Electronic Tongue Revenue Share by Manufacturers (2013-2018)
Table 2017 Global Electronic Tongue Revenue Share by Manufacturers
Table 2018 Global Electronic Tongue Revenue Share by Manufacturers
Table Global Market Electronic Tongue Average Price (USD/Unit) of Key Manufacturers (2013-2018)
Figure Global Market Electronic Tongue Average Price (USD/Unit) of Key Manufacturers in 2017
Table Manufacturers Electronic Tongue Manufacturing Base Distribution and Sales Area
Table Manufacturers Electronic Tongue Product Category
Figure Electronic Tongue Market Share of Top 3 Manufacturers
Figure Electronic Tongue Market Share of Top 5 Manufacturers
Table Global Electronic Tongue Capacity (K Units) by Region (2013-2018)
Figure Global Electronic Tongue Capacity Market Share by Region (2013-2018)
Figure Global Electronic Tongue Capacity Market Share by Region (2013-2018)
Figure 2017 Global Electronic Tongue Capacity Market Share by Region
Table Global Electronic Tongue Production by Region (2013-2018)
Figure Global Electronic Tongue Production (K Units) by Region (2013-2018)
Figure Global Electronic Tongue Production Market Share by Region (2013-2018)
Figure 2017 Global Electronic Tongue Production Market Share by Region
Table Global Electronic Tongue Revenue (Million USD) by Region (2013-2018)
Table Global Electronic Tongue Revenue Market Share by Region (2013-2018)
Figure Global Electronic Tongue Revenue Market Share by Region (2013-2018)
Table 2017 Global Electronic Tongue Revenue Market Share by Region
Figure Global Electronic Tongue Capacity, Production (K Units) and Growth Rate (2013-2018)
Table Global Electronic Tongue Capacity, Production (K Units), Revenue (Million USD), Price (USD/Unit) and Gross Margin (2013-2018)
Table United States Electronic Tongue Capacity, Production (K Units), Revenue (Million USD), Price (USD/Unit) and Gross Margin (2013-2018)
Table EU Electronic Tongue Capacity, Production (K Units), Revenue (Million USD), Price (USD/Unit) and Gross Margin (2013-2018)
Table China Electronic Tongue Capacity, Production (K Units), Revenue (Million USD), Price (USD/Unit) and Gross Margin (2013-2018)
Table Japan Electronic Tongue Capacity, Production (K Units), Revenue (Million USD), Price (USD/Unit) and Gross Margin (2013-2018)
Table South Korea Electronic Tongue Capacity, Production (K Units), Revenue (Million USD), Price (USD/Unit) and Gross Margin (2013-2018)
Table Taiwan Electronic Tongue Capacity, Production (K Units), Revenue (Million USD), Price (USD/Unit) and Gross Margin (2013-2018)
Table Global Electronic Tongue Consumption (K Units) Market by Region (2013-2018)
Table Global Electronic Tongue Consumption Market Share by Region (2013-2018)
Figure Global Electronic Tongue Consumption Market Share by Region (2013-2018)
Figure 2017 Global Electronic Tongue Consumption (K Units) Market Share by Region
Table United States Electronic Tongue Production, Consumption, Import & Export (K Units) (2013-2018)
Table EU Electronic Tongue Production, Consumption, Import & Export (K Units) (2013-2018)
Table China Electronic Tongue Production, Consumption, Import & Export (K Units) (2013-2018)
Table Japan Electronic Tongue Production, Consumption, Import & Export (K Units) (2013-2018)
Table South Korea Electronic Tongue Production, Consumption, Import & Export (K Units) (2013-2018)
Table Taiwan Electronic Tongue Production, Consumption, Import & Export (K Units) (2013-2018)
Table Global Electronic Tongue Production (K Units) by Type (2013-2018)
Table Global Electronic Tongue Production Share by Type (2013-2018)
Figure Production Market Share of Electronic Tongue by Type (2013-2018)
Figure 2017 Production Market Share of Electronic Tongue by Type
Table Global Electronic Tongue Revenue (Million USD) by Type (2013-2018)
Table Global Electronic Tongue Revenue Share by Type (2013-2018)
Figure Production Revenue Share of Electronic Tongue by Type (2013-2018)
Figure 2017 Revenue Market Share of Electronic Tongue by Type
Table Global Electronic Tongue Price (USD/Unit) by Type (2013-2018)
Figure Global Electronic Tongue Production Growth by Type (2013-2018)
Table Global Electronic Tongue Consumption (K Units) by Application (2013-2018)
Table Global Electronic Tongue Consumption Market Share by Application (2013-2018)
Figure Global Electronic Tongue Consumption Market Share by Applications (2013-2018)
Figure Global Electronic Tongue Consumption Market Share by Application in 2017
Table Global Electronic Tongue Consumption Growth Rate by Application (2013-2018)
Figure Global Electronic Tongue Consumption Growth Rate by Application (2013-2018)
Table INSENT Basic Information, Manufacturing Base, Sales Area and Its Competitors
Table INSENT Electronic Tongue Capacity, Production (K Units), Revenue (Million USD), Price (USD/Unit) and Gross Margin (2013-2018)
Figure INSENT Electronic Tongue Production Growth Rate (2013-2018)
Figure INSENT Electronic Tongue Production Market Share (2013-2018)
Figure INSENT Electronic Tongue Revenue Market Share (2013-2018)
Table Isenso Basic Information, Manufacturing Base, Sales Area and Its Competitors
Table Isenso Electronic Tongue Capacity, Production (K Units), Revenue (Million USD), Price (USD/Unit) and Gross Margin (2013-2018)
Figure Isenso Electronic Tongue Production Growth Rate (2013-2018)
Figure Isenso Electronic Tongue Production Market Share (2013-2018)
Figure Isenso Electronic Tongue Revenue Market Share (2013-2018)
Table Shanghai Baosheng Basic Information, Manufacturing Base, Sales Area and Its Competitors
Table Shanghai Baosheng Electronic Tongue Capacity, Production (K Units), Revenue (Million USD), Price (USD/Unit) and Gross Margin (2013-2018)
Figure Shanghai Baosheng Electronic Tongue Production Growth Rate (2013-2018)
Figure Shanghai Baosheng Electronic Tongue Production Market Share (2013-2018)
Figure Shanghai Baosheng Electronic Tongue Revenue Market Share (2013-2018)
Table Production Base and Market Concentration Rate of Raw Material
Figure Price Trend of Key Raw Materials
Table Key Suppliers of Raw Materials
Figure Manufacturing Cost Structure of Electronic Tongue
Figure Manufacturing Process Analysis of Electronic Tongue
Figure Electronic Tongue Industrial Chain Analysis
Table Raw Materials Sources of Electronic Tongue Major Manufacturers in 2017
Table Major Buyers of Electronic Tongue
Table Distributors/Traders List
Figure Global Electronic Tongue Capacity, Production (K Units) and Growth Rate Forecast (2018-2025)
Figure Global Electronic Tongue Revenue (Million USD) and Growth Rate Forecast (2018-2025)
Figure Global Electronic Tongue Price (Million USD) and Trend Forecast (2018-2025)
Table Global Electronic Tongue Production (K Units) Forecast by Region (2018-2025)
Figure Global Electronic Tongue Production Market Share Forecast by Region (2018-2025)
Table Global Electronic Tongue Consumption (K Units) Forecast by Region (2018-2025)
Figure Global Electronic Tongue Consumption Market Share Forecast by Region (2018-2025)
Figure United States Electronic Tongue Production (K Units) and Growth Rate Forecast (2018-2025)
Figure United States Electronic Tongue Revenue (Million USD) and Growth Rate Forecast (2018-2025)
Table United States Electronic Tongue Production, Consumption, Export and Import (K Units) Forecast (2018-2025)
Figure EU Electronic Tongue Production (K Units) and Growth Rate Forecast (2018-2025)
Figure EU Electronic Tongue Revenue (Million USD) and Growth Rate Forecast (2018-2025)
Table EU Electronic Tongue Production, Consumption, Export and Import (K Units) Forecast (2018-2025)
Figure China Electronic Tongue Production (K Units) and Growth Rate Forecast (2018-2025)
Figure China Electronic Tongue Revenue (Million USD) and Growth Rate Forecast (2018-2025)
Table China Electronic Tongue Production, Consumption, Export and Import (K Units) Forecast (2018-2025)
Figure Japan Electronic Tongue Production (K Units) and Growth Rate Forecast (2018-2025)
Figure Japan Electronic Tongue Revenue (Million USD) and Growth Rate Forecast (2018-2025)
Table Japan Electronic Tongue Production, Consumption, Export and Import (K Units) Forecast (2018-2025)
Figure South Korea Electronic Tongue Production (K Units) and Growth Rate Forecast (2018-2025)
Figure South Korea Electronic Tongue Revenue (Million USD) and Growth Rate Forecast (2018-2025)
Table South Korea Electronic Tongue Production, Consumption, Export and Import (K Units) Forecast (2018-2025)
Figure Taiwan Electronic Tongue Production (K Units) and Growth Rate Forecast (2018-2025)
Figure Taiwan Electronic Tongue Revenue (Million USD) and Growth Rate Forecast (2018-2025)
Table Taiwan Electronic Tongue Production, Consumption, Export and Import (K Units) Forecast (2018-2025)
Table Global Electronic Tongue Production (K Units) Forecast by Type (2018-2025)
Figure Global Electronic Tongue Production (K Units) Forecast by Type (2018-2025)
Table Global Electronic Tongue Revenue (Million USD) Forecast by Type (2018-2025)
Figure Global Electronic Tongue Revenue Market Share Forecast by Type (2018-2025)
Table Global Electronic Tongue Price Forecast by Type (2018-2025)
Table Global Electronic Tongue Consumption (K Units) Forecast by Application (2018-2025)
Figure Global Electronic Tongue Consumption (K Units) Forecast by Application (2018-2025)
Table Research Programs/Design for This Report
Figure Bottom-up and Top-down Approaches for This Report
Figure Data Triangulation
Table Key Data Information from Secondary Sources
Table Key Data Information from Primary Source
A research methodology is a systematic approach for assessing or conducting a market study. Researchers tend to draw on a variety of both qualitative and quantitative study methods, inclusive of investigations, survey, secondary data and market observation.
Such plans can focus on classifying the products offered by leading market players or simply use statistical models to interpret observations or test hypotheses. While some methods aim for a detailed description of the factors behind an observation, others present the context of the current market scenario.
Now let’s take a closer look at the research methods here.
Extensive data is obtained and cumulated on a substantial basis during the inception phase of the research process. The data accumulated is consistently filtered through validation from the in-house database, paid sources as well reputable industry magazines. A robust research study requires an understanding of the overall value chain. Annual reports and financials of industry players are studied thoroughly to have a comprehensive idea of the market taxonomy.
Post conglomeration of the data obtained through secondary research; a validation process is initiated to verify the numbers or figures. This process is usually performed by having a detailed discussion with the industry experts.
However, we do not restrict our primary interviews only to the industry leaders. Our team covers the entire value chain while verifying the data. A significant number of raw material suppliers, local manufacturers, distributors, and stakeholders are interviewed to make our findings authentic. The current trends which include the drivers, restraints, and opportunities are also derived through the primary research process.
The market estimation is conducted by analyzing the data collected through both secondary and primary research. This process involves market breakdown, bottom-up and top- down approach.
Moreover, while forecasting the market a comprehensive statistical time series model is designed for each market. Macroeconomic indicators are considered to understand the current trends of the market. Each data point is verified by the process of data triangulation method to arrive at the final market estimates.
The penultimate process results in a holistic research report. The study equips key industry players to undertake significant strategic decisions through the findings. The report encompasses detailed market information. Graphical representations of the current market trends are also made available in order to make the study highly comprehensible for the reader.
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