세계의 유압 해머 시장 : 산업 분석, 규모, 점유율, 성장, 동향, 예측(2024-2033년)

Persistence Market Research has recently released a comprehensive report on the worldwide market for hydraulic hammers. The report offers a thorough assessment of crucial market dynamics, including drivers, trends, opportunities, and challenges, providing detailed insights into the market structure. This research publication presents exclusive data and statistics outlining the anticipated growth trajectory of the global hydraulic hammer market from 2024 to 2033.

Key Insights:

• Hydraulic Hammer Market Size (2024E): USD 1594.2 Million
• Projected Market Value (2033F): USD 2629.5 Million
• Global Market Growth Rate (CAGR 2024 to 2033): 7.4%

Hydraulic Hammer Market - Report Scope:

Hydraulic hammers play a crucial role in various industries, including construction, mining, and demolition. These tools use hydraulic power to deliver high-impact blows to break or demolish hard materials effectively. The market caters to construction firms, mining companies, rental service providers, and other end-users, offering a range of hammer sizes and types, including standard hydraulic hammers and silenced hydraulic hammers.

Market Growth Drivers:

The global hydraulic hammer market is propelled by several key factors, including increasing infrastructure development projects worldwide, growth in the mining industry, and rising demand for efficient demolition equipment. Technological advancements, such as the development of quieter and more energy-efficient hydraulic hammers, contribute to market expansion. Moreover, stringent regulations promoting worker safety and environmental sustainability drive the adoption of hydraulic hammers with reduced noise levels and emissions.

Market Restraints:

Despite promising growth prospects, the hydraulic hammer market faces challenges related to economic fluctuations affecting construction and mining activities. Additionally, regulatory compliance regarding noise and emissions standards poses challenges for manufacturers, impacting product development and market entry barriers. Fluctuating raw material prices and supply chain disruptions also influence market dynamics, affecting production costs and pricing strategies.

Market Opportunities:

The hydraulic hammer market presents significant growth opportunities driven by infrastructure investments in emerging economies, technological innovations in hammer design, and the adoption of advanced hydraulic systems for improved operational efficiency. Expansion in rental services and aftermarket sales of hydraulic hammer parts and accessories further enhance market prospects. Strategic partnerships, investment in research and development, and the introduction of environmentally sustainable hydraulic hammer solutions are essential to capitalize on emerging opportunities and maintain competitive advantage.

Key Questions Answered in the Report:

• What are the primary factors driving the growth of the hydraulic hammer market globally?
• Which industries and applications are driving hydraulic hammer adoption across different regions?
• How are technological advancements reshaping the competitive landscape of the hydraulic hammer market?
• Who are the key players contributing to the hydraulic hammer market, and what strategies are they employing to maintain market relevance?
• What are the emerging trends and future prospects in the global hydraulic hammer market?

Competitive Intelligence and Business Strategy:

Leading players in the global hydraulic hammer market, including Atlas Copco AB, Sandvik AB, Caterpillar Inc., and Montabert SAS, focus on innovation, product differentiation, and strategic partnerships to gain a competitive edge. These companies invest in R&D to develop advanced hydraulic hammer technologies, including remote monitoring capabilities, ergonomic designs, and improved energy efficiency. Collaborations with construction companies, mining operators, and equipment distributors facilitate market expansion and promote technology adoption. Moreover, emphasis on sustainability initiatives, such as recyclability and reduced environmental impact, enhances market positioning and meets regulatory requirements in various regions.

Key Companies Profiled:

• John Deere
• Caterpillar
• Astec Industries, Inc. (BTI)
• Sandvik AB
• Soosan heavy industries
• Stanley Hydraulics
• Volvo AB
• Furukawa Co., Ltd.
• Hyundai Everdigm Corp.
• Miller UK Limited
• MSB Corporation Co. Ltd.
• Montabert

Hydraulic Hammer Market Segmentation

By Weight

• 2 to 3 Tonnes
• 3.1 to 6 Tonnes
• Above 6 Tonnes

By End-use Industry

• Mining
• Quarries
• Construction

By Sales Channel

• OEM
• Aftermarket

By Region

• North America
• Latin America
• Europe
• Asia Pacific
• South Asia
• East Asia
• The Middle East and Africa

Table of Contents

1. Executive Summary

• 1.1. Global Market Outlook
• 1.2. Demand Side Trends
• 1.3. Supply Side Trends
• 1.4. Technology Roadmap
• 1.5. Analysis and Recommendations

2. Market Overview

• 2.1. Market Coverage / Taxonomy
• 2.2. Market Definition / Scope / Limitations

3. Key Market Trends

• 3.1. Key Trends Impacting the Market
• 3.2. Product Innovation / Development Trends

4. Key Success Factors

• 4.1. Product Adoption / Usage Analysis
• 4.2. Product USPs / Features
• 4.3. Strategic Promotional Strategies

5. Global Hydraulic Hammer Market Demand Analysis 2019-2023 and Forecast, 2024-2033

• 5.1. Historical Market Volume (Units) Analysis, 2019-2023
• 5.2. Current and Future Market Volume (Units) Projections, 2024-2033
• 5.3. Y-o-Y Growth Trend Analysis

6. Global Hydraulic Hammer Market - Pricing Analysis

• 6.1. Regional Pricing Analysis
• 6.2. Global Average Pricing Analysis Benchmark

7. Global Hydraulic Hammer Market Demand (in Value or Size in US$ Mn) Analysis 2019-2023 and Forecast, 2024-2033

• 7.1. Historical Market Value (US$ Mn) Analysis, 2019-2023
• 7.2. Current and Future Market Value (US$ Mn) Projections, 2024-2033
  • 7.2.1. Y-o-Y Growth Trend Analysis
  • 7.2.2. Absolute $ Opportunity Analysis

8. Market Background

• 8.1. Macro-Economic Factors
  • 8.1.1. Global Economic Outlook
  • 8.1.2. Real GDP Growth
  • 8.1.3. Global Population and Urbanization Overview
  • 8.1.4. Industry Value Added (% of GDP)
  • 8.1.5. Manufacturing Value Added by Key Countries
  • 8.1.6. Other Key Macro-Economic Factors
• 8.2. Forecast Factors - Relevance & Impact
  • 8.2.1. GDP Growth
  • 8.2.2. Historic Growth Rate of Companies
  • 8.2.3. Metal Industry Growth Forecast
  • 8.2.4. Global Urbanization Growth Forecast
  • 8.2.5. Construction Industry Growth Forecast
  • 8.2.6. Other Key Forecast Factors
• 8.3. Value Chain
  • 8.3.1. Raw Material Suppliers
  • 8.3.2. Product Manufacturers
  • 8.3.3. List of Dealers/ Distributors
• 8.4. COVID-19 Crisis - Impact Assessment
  • 8.4.1. Current Statistics
  • 8.4.2. Short-Mid-Long Term Outlook
  • 8.4.3. Likely Rebound
• 8.5. Sales Overview by Key Manufacturers
• 8.6. Market Dynamics
  • 8.6.1. Drivers
  • 8.6.2. Restraints
  • 8.6.3. Opportunity Analysis

9. Global Hydraulic Hammer Market Analysis 2019-2023 and Forecast 2024-2033, By Weight

• 9.1. Introduction / Key Findings
• 9.2. Historical Market Size (US$ Mn) and Volume Analysis By Weight, 2019-2023
• 9.3. Current and Future Market Size (US$ Mn) and Volume Analysis and Forecast By Weight, 2024-2033
  • 9.3.1. 2 to 3 tonne
  • 9.3.2. 3.1 to 6 Tonnes
  • 9.3.3. Above 6 Tonne
• 9.4. Market Attractiveness Analysis By Weight

10. Global Hydraulic Hammer Market Analysis 2019-2023 and Forecast 2024-2033, By Sales Channel

• 10.1. Introduction / Key Findings
• 10.2. Historical Market Size (US$ Mn) and Volume Analysis By Sales Channel, 2019-2023
• 10.3. Current and Future Market Size (US$ Mn) and Volume Analysis and Forecast By Sales Channel, 2024-2033
  • 10.3.1. OEM
  • 10.3.2. Aftermarket
• 10.4. Market Attractiveness Analysis By Sales Channel

11. Global Hydraulic Hammer Market Analysis 2019-2023 and Forecast 2024-2033, by End-Use Industry

• 11.1. Introduction / Key Findings
• 11.2. Historical Market Size (US$ Mn) and Volume Analysis By End-Use Industry, 2019-2023
• 11.3. Current and Future Market Size (US$ Mn) and Volume Analysis and Forecast By End-Use Industry, 2024-2033
  • 11.3.1. Mining
  • 11.3.2. Quarries
  • 11.3.3. Construction
    • 11.3.3.1. Excavation
    • 11.3.3.2. Demolition
  • 11.3.4. Others
• 11.4. Market Attractiveness Analysis By End-Use Industry

12. Global Hydraulic Hammer Market Analysis 2019-2023 and Forecast 2024-2033, by Region

• 12.1. Introduction
• 12.2. Historical Market Size (US$ Mn) and Volume Analysis By Region, 2019-2023
• 12.3. Current Market Size (US$ Mn) and Volume Analysis and Forecast By Region, 2024-2033
  • 12.3.1. North America
  • 12.3.2. Latin America
  • 12.3.3. Europe
  • 12.3.4. South Asia, East Asia and Pacific
  • 12.3.5. Middle East
  • 12.3.6. Africa
  • 12.3.7. India
  • 12.3.8. China
• 12.4. Market Attractiveness Analysis By Region

13. North America Hydraulic Hammer Market Analysis 2019-2023 and Forecast 2024-2033

• 13.1. Introduction
• 13.2. Pricing Analysis
• 13.3. Historical Market Size (US$ Mn) and Volume Trend Analysis By Market Taxonomy, 2019-2023
• 13.4. Market Size (US$ Mn) and Volume Forecast By Market Taxonomy, 2024-2033
  • 13.4.1. By Country
    • 13.4.1.1. U.S.
    • 13.4.1.2. Canada
  • 13.4.2. By Weight
  • 13.4.3. By Sales Channel
  • 13.4.4. By End-Use Industry
• 13.5. Market Attractiveness Analysis
  • 13.5.1. By Country
  • 13.5.2. By Weight
  • 13.5.3. By Sales Channel
  • 13.5.4. By End-Use Industry

14. Latin America Hydraulic Hammer Market Analysis 2019-2023 and Forecast 2024-2033

• 14.1. Introduction
• 14.2. Pricing Analysis
• 14.3. Historical Market Size (US$ Mn) and Volume Trend Analysis By Market Taxonomy, 2019-2023
• 14.4. Market Size (US$ Mn) and Volume Forecast By Market Taxonomy, 2024-2033
  • 14.4.1. By Country
    • 14.4.1.1. Brazil
    • 14.4.1.2. Mexico
    • 14.4.1.3. Rest of Latin America
  • 14.4.2. By Weight
  • 14.4.3. By Sales Channel
  • 14.4.4. By End-Use Industry
• 14.5. Market Attractiveness Analysis
  • 14.5.1. By Country
  • 14.5.2. By Weight
  • 14.5.3. By Sales Channel
  • 14.5.4. By End-Use Industry

15. Europe Hydraulic Hammer Market Analysis 2019-2023 and Forecast 2024-2033

• 15.1. Introduction
• 15.2. Pricing Analysis
• 15.3. Historical Market Size (US$ Mn) and Volume Trend Analysis By Market Taxonomy, 2019-2023
• 15.4. Market Size (US$ Mn) and Volume Forecast By Market Taxonomy, 2024-2033
  • 15.4.1. By Country
    • 15.4.1.1. Germany
    • 15.4.1.2. Italy
    • 15.4.1.3. France
    • 15.4.1.4. U.K.
    • 15.4.1.5. Spain
    • 15.4.1.6. NORDICS
    • 15.4.1.7. Russia
    • 15.4.1.8. Rest of Europe
  • 15.4.2. By Weight
  • 15.4.3. By Sales Channel
  • 15.4.4. By End-Use Industry
  • 15.4.5. By Country
  • 15.4.6. By Weight
  • 15.4.7. By Sales Channel
  • 15.4.8. By End-Use Industry

16. South Asia, East Asia, & Pacific Hydraulic Hammer Market Analysis 2019-2023 and Forecast 2024-2033

• 16.1. Introduction
• 16.2. Pricing Analysis
• 16.3. Historical Market Size (US$ Mn) and Volume Trend Analysis By Market Taxonomy, 2019-2023
• 16.4. Market Size (US$ Mn) and Volume Forecast By Market Taxonomy, 2024-2033
  • 16.4.1. By Country
    • 16.4.1.1. Japan
    • 16.4.1.2. South Korea
    • 16.4.1.3. ASEAN
    • 16.4.1.4. Oceania
    • 16.4.1.5. Rest of South Asia, East Asia, & Pacific
  • 16.4.2. By Weight
  • 16.4.3. By Sales Channel
  • 16.4.4. By End-Use Industry
• 16.5. Market Attractiveness Analysis
  • 16.5.1. By Weight
  • 16.5.2. By Sales Channel
  • 16.5.3. By End-Use Industry

17. Middle East Hydraulic Hammer Market Analysis 2019-2023 and Forecast 2024-2033

• 17.1. Introduction
• 17.2. Pricing Analysis
• 17.3. Historical Market Size (US$ Mn) and Volume Trend Analysis By Market Taxonomy, 2019-2023
• 17.4. Market Size (US$ Mn) and Volume Forecast By Market Taxonomy, 2024-2033
  • 17.4.1. By Country
    • 17.4.1.1. GCC Countries
    • 17.4.1.2. Turkey
    • 17.4.1.3. Rest of ME
  • 17.4.2. By Weight
  • 17.4.3. By Sales Channel
  • 17.4.4. By End-Use Industry
• 17.5. Market Attractiveness Analysis
  • 17.5.1. By Country
  • 17.5.2. By Weight
  • 17.5.3. By Sales Channel
  • 17.5.4. By End-Use Industry

18. Africa Hydraulic Hammer Market Analysis 2019-2023 and Forecast 2024-2033

• 18.1. Introduction
• 18.2. Pricing Analysis
• 18.3. Historical Market Size (US$ Mn) and Volume Trend Analysis By Market Taxonomy, 2019-2023
• 18.4. Market Size (US$ Mn) and Volume Forecast By Market Taxonomy, 2024-2033
  • 18.4.1. By Country
    • 18.4.1.1. South Africa
    • 18.4.1.2. Northern Africa
    • 18.4.1.3. Rest of Africa
  • 18.4.2. By Weight
  • 18.4.3. By Sales Channel
  • 18.4.4. By End-Use Industry
• 18.5. Market Attractiveness Analysis
  • 18.5.1. By Country
  • 18.5.2. By Weight
  • 18.5.3. By Sales Channel
  • 18.5.4. By End-Use Industry

19. India Hydraulic Hammer Market Analysis 2019-2023 and Forecast 2024-2033

• 19.1. Introduction
• 19.2. Pricing Analysis
• 19.3. Historical Market Size (US$ Mn) and Volume Trend Analysis By Market Taxonomy, 2019-2023
• 19.4. Market Size (US$ Mn) and Volume Forecast By Market Taxonomy, 2024-2033
  • 19.4.1. By Weight
  • 19.4.2. By Sales Channel
  • 19.4.3. By End-Use Industry
• 19.5. Market Attractiveness Analysis
  • 19.5.1. By Weight
  • 19.5.2. By Sales Channel
  • 19.5.3. By End-Use Industry

20. China Hydraulic Hammer Market Analysis 2019-2023 and Forecast 2024-2033

• 20.1. Introduction
• 20.2. Pricing Analysis
• 20.3. Historical Market Size (US$ Mn) and Volume Trend Analysis By Market Taxonomy, 2019-2023
• 20.4. Market Size (US$ Mn) and Volume Forecast By Market Taxonomy, 2024-2033
  • 20.4.1. By Weight
  • 20.4.2. By Sales Channel
  • 20.4.3. By End-Use Industry
• 20.5. Market Attractiveness Analysis
  • 20.5.1. By Weight
  • 20.5.2. By Sales Channel
  • 20.5.3. By End-Use Industry

21. Country Wise Hydraulic Hammer Market Analysis 2024-2033

• 21.1. Introduction
  • 21.1.1. Market Value Proportion Analysis, By Key Countries
  • 21.1.2. Global Vs. Country Growth Comparison
• 21.2. U.S. Hydraulic Hammer Market Analysis
  • 21.2.1. By Weight
  • 21.2.2. By Sales Channel
  • 21.2.3. By End-Use Industry
• 21.3. Canada Hydraulic Hammer Market Analysis
  • 21.3.1. By Weight
  • 21.3.2. By Sales Channel
  • 21.3.3. By End-Use Industry
• 21.4. Mexico Hydraulic Hammer Market Analysis
  • 21.4.1. By Weight
  • 21.4.2. By Sales Channel
  • 21.4.3. By End-Use Industry
• 21.5. Brazil Hydraulic Hammer Market Analysis
  • 21.5.1. By Weight
  • 21.5.2. By Sales Channel
  • 21.5.3. By End-Use Industry
• 21.6. Germany Hydraulic Hammer Market Analysis
  • 21.6.1. By Weight
  • 21.6.2. By Sales Channel
  • 21.6.3. By End-Use Industry
• 21.7. Italy Hydraulic Hammer Market Analysis
  • 21.7.1. By Weight
  • 21.7.2. By Sales Channel
  • 21.7.3. By End-Use Industry
• 21.8. France Hydraulic Hammer Market Analysis
  • 21.8.1. By Weight
  • 21.8.2. By Sales Channel
  • 21.8.3. By End-Use Industry
• 21.9. U.K. Hydraulic Hammer Market Analysis
  • 21.9.1. By Weight
  • 21.9.2. By Sales Channel
  • 21.9.3. By End-Use Industry
• 21.10. Spain Hydraulic Hammer Market Analysis
  • 21.10.1. By Weight
  • 21.10.2. By Sales Channel
  • 21.10.3. By End-Use Industry
• 21.11. Russia Hydraulic Hammer Market Analysis
  • 21.11.1. By Weight
  • 21.11.2. By Sales Channel
  • 21.11.3. By End-Use Industry
• 21.12. NORDICS Hydraulic Hammer Market Analysis
  • 21.12.1. By Weight
  • 21.12.2. By Sales Channel
  • 21.12.3. By End-Use Industry
• 21.13. Japan Hydraulic Hammer Market Analysis
  • 21.13.1. By Weight
  • 21.13.2. By Sales Channel
  • 21.13.3. By End-Use Industry
• 21.14. South Korea Hydraulic Hammer Market Analysis
  • 21.14.1. By Weight
  • 21.14.2. By Sales Channel
  • 21.14.3. By End-Use Industry
• 21.15. ASEAN Hydraulic Hammer Market Analysis
  • 21.15.1. By Weight
  • 21.15.2. By Sales Channel
  • 21.15.3. By End-Use Industry
• 21.16. Oceania Hydraulic Hammer Market Analysis
  • 21.16.1. By Weight
  • 21.16.2. By Sales Channel
  • 21.16.3. By End-Use Industry
• 21.17. Turkey Hydraulic Hammer Market Analysis
  • 21.17.1. By Weight
  • 21.17.2. By Sales Channel
  • 21.17.3. By End-Use Industry
• 21.18. Gulf Co-operation Council Countries Hydraulic Hammer Market Analysis
  • 21.18.1. By Weight
  • 21.18.2. By Sales Channel
  • 21.18.3. By End-Use Industry
• 21.19. Northern Africa Hydraulic Hammer Market Analysis
  • 21.19.1. By Weight
  • 21.19.2. By Sales Channel
  • 21.19.3. By End-Use Industry
• 21.20. South Africa Hydraulic Hammer Market Analysis
  • 21.20.1. By Weight
  • 21.20.2. By Sales Channel
  • 21.20.3. By End-Use Industry
• 21.21. India Hydraulic Hammer Market Analysis
  • 21.21.1. By Weight
  • 21.21.2. By Sales Channel
  • 21.21.3. By End-Use Industry
• 21.22. China Hydraulic Hammer Market Analysis
  • 21.22.1. By Weight
  • 21.22.2. By Sales Channel
  • 21.22.3. By End-Use Industry

22. Market Structure Analysis

• 22.1. Market Analysis by Tier of Companies (Hydraulic Hammer)
• 22.2. Market Share Analysis of Top Players
• 22.3. Market Presence Analysis

23. Competition Analysis

• 23.1. Competition Dashboard
• 23.2. Competition Benchmarking
• 23.3. Competition Deep Dive
  • 23.3.1. Atlas Copco
    • 23.3.1.1. Overview
    • 23.3.1.2. Product Portfolio
    • 23.3.1.3. Profitability by Market Segments (Product/Channel/Region)
    • 23.3.1.4. Sales Footprint
    • 23.3.1.5. Strategy Overview
  • 23.3.2. John Deere
    • 23.3.2.1. Overview
    • 23.3.2.2. Product Portfolio
    • 23.3.2.3. Profitability by Market Segments (Product/Channel/Region)
    • 23.3.2.4. Sales Footprint
    • 23.3.2.5. Strategy Overview
  • 23.3.3. Caterpillar
    • 23.3.3.1. Overview
    • 23.3.3.2. Product Portfolio
    • 23.3.3.3. Profitability by Market Segments (Product/Channel/Region)
    • 23.3.3.4. Sales Footprint
    • 23.3.3.5. Strategy Overview
  • 23.3.4. Astec Industries, Inc. (BTI)
    • 23.3.4.1. Overview
    • 23.3.4.2. Product Portfolio
    • 23.3.4.3. Profitability by Market Segments (Product/Channel/Region)
    • 23.3.4.4. Sales Footprint
    • 23.3.4.5. Strategy Overview
  • 23.3.5. Sandvik AB
    • 23.3.5.1. Overview
    • 23.3.5.2. Product Portfolio
    • 23.3.5.3. Profitability by Market Segments (Product/Channel/Region)
    • 23.3.5.4. Sales Footprint
    • 23.3.5.5. Strategy Overview
  • 23.3.6. Soosan heavy industries
    • 23.3.6.1. Overview
    • 23.3.6.2. Product Portfolio
    • 23.3.6.3. Profitability by Market Segments (Product/Channel/Region)
    • 23.3.6.4. Sales Footprint
    • 23.3.6.5. Strategy Overview
  • 23.3.7. Stanley Hydraulics
    • 23.3.7.1. Overview
    • 23.3.7.2. Product Portfolio
    • 23.3.7.3. Profitability by Market Segments (Product/Channel/Region)
    • 23.3.7.4. Sales Footprint
    • 23.3.7.5. Strategy Overview
  • 23.3.8. Volvo AB
    • 23.3.8.1. Overview
    • 23.3.8.2. Product Portfolio
    • 23.3.8.3. Profitability by Market Segments (Product/Channel/Region)
    • 23.3.8.4. Sales Footprint
    • 23.3.8.5. Strategy Overview
  • 23.3.9. Furukawa Co., Ltd.
    • 23.3.9.1. Overview
    • 23.3.9.2. Product Portfolio
    • 23.3.9.3. Profitability by Market Segments (Product/Channel/Region)
    • 23.3.9.4. Sales Footprint
    • 23.3.9.5. Strategy Overview
  • 23.3.10. Hyundai Everdigm Corp.
    • 23.3.10.1. Overview
    • 23.3.10.2. Product Portfolio
    • 23.3.10.3. Profitability by Market Segments (Product/Channel/Region)
    • 23.3.10.4. Sales Footprint
    • 23.3.10.5. Strategy Overview
  • 23.3.11. Miller UK Limited
    • 23.3.11.1. Overview
    • 23.3.11.2. Product Portfolio
    • 23.3.11.3. Profitability by Market Segments (Product/Channel/Region)
    • 23.3.11.4. Sales Footprint
    • 23.3.11.5. Strategy Overview
  • 23.3.12. MSB Corporation Co. Ltd.
    • 23.3.12.1. Overview
    • 23.3.12.2. Product Portfolio
    • 23.3.12.3. Profitability by Market Segments (Product/Channel/Region)
    • 23.3.12.4. Sales Footprint
    • 23.3.12.5. Strategy Overview
  • 23.3.13. Montabert
    • 23.3.13.1. Overview
    • 23.3.13.2. Product Portfolio
    • 23.3.13.3. Profitability by Market Segments (Product/Channel/Region)
    • 23.3.13.4. Sales Footprint
    • 23.3.13.5. Strategy Overview

Note: List of companies is subject to refinement and augmentation during the course of research.

• 23.4. Competition Deep Drive by Top Chinese
• 23.5. Hydraulic Hammer Manufacturers
  • 23.5.1. JIANGTU
  • 23.5.2. Yantai Wangyuan Hydraulic Co.,Ltd
  • 23.5.3. Guangdong Liyuan Hydraulic machinery Company Ltd.
  • 23.5.4. Yantai Hope Precision Machinery Co.,Ltd
  • 23.5.5. Others

Note: List of companies is subject to refinement and augmentation during the course of research.

24. Assumptions and Acronyms Used

25. Research Methodology