Wind Turbine Rotor Blade Market 2020-2027 by Location of Deployment (Onshore, Offshore), Blade Material (Carbon Fiber, Glass Fiber), Blade Length, Installation Type (New Installation, Replacement), and Region: Trend Outlook and Growth Opportunity
- Report ID: 3401
- Date: Sep, 2021
- Pages: 151
- Category: Energy & Power
Global wind turbine rotor blade market will reach $39.46 billion by 2027, growing by 11.1% annually over 2020-2027 driven by the increasing application of offshore wind turbines, decreasing levelized cost of electricity (LCOE) of wind energy, rising height and capacity of wind towers, and rising demand for renewable sources of energy.
Highlighted with 80 tables and 74 figures, this 151-page report “Global Wind Turbine Rotor Blade Market 2020-2027 by Location of Deployment (Onshore, Offshore), Blade Material (Carbon Fiber, Glass Fiber), Blade Length, Installation Type (New Installation, Replacement), and Region: Trend Outlook and Growth Opportunity” is based on a comprehensive research of the entire global wind turbine rotor blade market and all its sub-segments through extensively detailed classifications. Profound analysis and assessment are generated from premium primary and secondary information sources with inputs derived from industry professionals across the value chain.
The report is based on studies on 2017-2019 and provides estimate/forecast from 2020 till 2027 with 2019 as the base year. (Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)
In-depth qualitative analyses include identification and investigation of the following aspects:
• Market Structure
• Growth Drivers
• Restraints and Challenges
• Emerging Product Trends & Market Opportunities
• Porter’s Fiver Forces
The trend and outlook of global market is forecast in optimistic, balanced, and conservative view by taking into account of COVID-19. The balanced (most likely) projection is used to quantify global wind turbine rotor blade market in every aspect of the classification from perspectives of by Location of Deployment, Blade Material, Blade Length, Installation Type, and Region.
Based on Location of Deployment, the global market is segmented into the following sub-markets with annual revenue for 2017-2027 included in each section.
• Onshore Wind Energy Power
• Offshore Wind Energy Power
Based on Blade Material, the global market is segmented into the following sub-markets with annual revenue for 2017-2027 included in each section.
• Carbon Fiber
• Glass Fiber
• Other Blade Materials
Based on Blade Length, the global market is segmented into the following sub-markets with annual revenue for 2017-2027 included in each section.
• < 45.0 Meters
• 45.0-49.9 Meters
• 50.0 - 54.9 Meters
• 55.0 - 59.9 Meters
• 60.0 - 69.9 Meters
• > 70.0 Meters
Based on Installation Type, the global market is segmented into the following sub-markets with annual revenue for 2017-2027 included in each section.
• New Installation
• Reinstallation & Replacement
Geographically, the following regions together with the listed national/local markets are fully investigated:
• APAC (Japan, China, South Korea, Australia, India, and Rest of APAC)
• Europe (Germany, UK, France, Spain, Italy, Sweden, Rest of Europe)
• North America (U.S., Canada, and Mexico)
• South America (Brazil, Chile, Argentina, Rest of South America)
• MEA (Turkey, Iran, South Africa)
For each aforementioned region and country, detailed analysis and data for annual revenue are available for 2017-2027. The breakdown of all regional markets by country and split of key national markets by Location of Deployment, Blade Material, and Installation Type over the forecast years are also included.
The report also covers current competitive scenario and the predicted trend; and profiles key vendors including market leaders and important emerging players.
Key Players (this may not be a complete list and extra companies can be added upon request):
Aeris Energy
CARBON ROTEC GmbH and Co KG
China National Building Material Co., Ltd.
Enercon GmbH
Lianyungang Zhongfu Lianzhong Composites Group Co. Ltd.
LM Wind Power (a GE Renewable Energy business)
MFG Wind
Nordex SE
Senvion SA
Siemens Gamesa Renewable Energy SA
Sinomatech Wind Power Blade Co. Ltd
Suzlon Energy Limited
TECSIS-Tecnologia e Sistemas Avancados
TPI Composites Inc.
Vestas Wind Systems A/S
(Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)
1.1 Industry Definition and Research Scope 8
1.1.1 Industry Definition 8
1.1.2 Research Scope 9
1.2 Research Methodology 12
1.2.1 Overview of Market Research Methodology 12
1.2.2 Market Assumption 13
1.2.3 Secondary Data 13
1.2.4 Primary Data 13
1.2.5 Data Filtration and Model Design 14
1.2.6 Market Size/Share Estimation 15
1.2.7 Research Limitations 16
1.3 Executive Summary 17
2 Market Overview and Dynamics 19
2.1 Market Size and Forecast 19
2.1.1 Impact of COVID-19 on World Economy 20
2.1.2 Impact of COVID-19 on the Market 22
2.2 Major Growth Drivers 24
2.3 Market Restraints and Challenges 31
2.4 Emerging Opportunities and Market Trends 34
2.5 Porter’s Fiver Forces Analysis 38
3 Segmentation of Global Market by Location of Deployment 42
3.1 Market Overview by Location of Deployment 42
3.2 Onshore Wind Energy Power 44
3.3 Offshore Wind Energy Power 46
4 Segmentation of Global Market by Blade Material 48
4.1 Market Overview by Blade Material 48
4.2 Carbon Fiber 50
4.3 Glass Fiber 51
4.4 Other Blade Materials 52
5 Segmentation of Global Market by Blade Length 53
5.1 Market Overview by Blade Length 53
5.2 < 45.0 Meters 55
5.3 45.0-49.9 Meters 56
5.4 50.0 - 54.9 Meters 57
5.5 55.0 - 59.9 Meters 58
5.6 60.0 - 69.9 Meters 59
5.7 > 70.0 Meters 60
6 Segmentation of Global Market by Installation Type 61
6.1 Market Overview by Installation Type 61
6.2 New Installation 63
6.3 Reinstallation & Replacement 64
7 Segmentation of Global Market by Region 65
7.1 Geographic Market Overview 2020-2027 65
7.2 North America Market 2020-2027 by Country 69
7.2.1 Overview of North America Market 69
7.2.2 U.S. 72
7.2.3 Canada 75
7.2.4 Mexico 78
7.3 European Market 2020-2027 by Country 80
7.3.1 Overview of European Market 80
7.3.2 UK 83
7.3.3 France 85
7.3.4 Germany 87
7.3.5 Spain 89
7.3.6 Italy 91
7.3.7 Sweden 93
7.3.8 Rest of European Market 95
7.4 Asia-Pacific Market 2020-2027 by Country 96
7.4.1 Overview of Asia-Pacific Market 96
7.4.2 China 99
7.4.3 Japan 101
7.4.4 India 104
7.4.5 Australia 106
7.4.6 South Korea 108
7.4.7 Rest of APAC Region 110
7.5 South America Market 2020-2027 by Country 111
7.5.1 Argentina 114
7.5.2 Brazil 116
7.5.3 Chile 118
7.5.4 Rest of South America Market 120
7.6 MEA Market 2020-2027 by Country 121
7.6.1 Turkey 124
7.6.2 Iran 126
7.6.3 South Africa 128
7.6.4 Other National Markets 130
8 Competitive Landscape 131
8.1 Overview of Key Vendors 131
8.2 New Product Launch, Partnership, Investment, and M&A 134
8.3 Company Profiles 135
Aeris Energy 135
CARBON ROTEC GmbH and Co KG 137
China National Building Material Co., Ltd. 138
Enercon GmbH 139
Lianyungang Zhongfu Lianzhong Composites Group Co. Ltd. 140
LM Wind Power (a GE Renewable Energy business) 141
MFG Wind 142
Nordex SE 143
Senvion SA 144
Siemens Gamesa Renewable Energy SA 145
Sinomatech Wind Power Blade Co. Ltd 146
Suzlon Energy Limited 147
TECSIS-Tecnologia e Sistemas Avancados 148
TPI Composites Inc. 149
Vestas Wind Systems A/S 150
Related Reports and Products 151
List of Tables
Table 1. Snapshot of Global Wind Turbine Rotor Blade Market in Balanced Perspective, 2020-2027 18Table 2. Growth Rate of World GDP, 2020-2022 21
Table 3. Cumulative Installed Wind Power Capacity by Country, 2014-2020, MW 27
Table 4. Added Wind Power Capacity by Country, 2017-2020, MW 29
Table 5. Main Product Trends and Market Opportunities in Global Wind Turbine Rotor Blade Market 34
Table 6. Global Wind Turbine Rotor Blade Market by Location of Deployment, 2017-2027, $ mn 42
Table 7. Global Wind Turbine Rotor Blade Market by Blade Material, 2017-2027, $ mn 48
Table 8. Global Wind Turbine Rotor Blade Market by Blade Length, 2017-2027, $ mn 53
Table 9. Global Wind Turbine Rotor Blade Market by Installation Type, 2017-2027, $ mn 61
Table 10. Global Wind Turbine Rotor Blade Market by Region, 2017-2027, $ mn 66
Table 11. Leading National Wind Turbine Rotor Blade Market, 2020 and 2027, $ mn 68
Table 12. North America Wind Turbine Rotor Blade Market by Country, 2017-2027, $ mn 71
Table 13. U.S. Wind Turbine Rotor Blade Market by Location of Deployment, 2017-2027, $ mn 74
Table 14. U.S. Wind Turbine Rotor Blade Market by Blade Material, 2017-2027, $ mn 74
Table 15. U.S. Wind Turbine Rotor Blade Market by Installation Type, 2017-2027, $ mn 74
Table 16. Canada Wind Turbine Rotor Blade Market by Location of Deployment, 2017-2027, $ mn 76
Table 17. Canada Wind Turbine Rotor Blade Market by Blade Material, 2017-2027, $ mn 76
Table 18. Canada Wind Turbine Rotor Blade Market by Installation Type, 2017-2027, $ mn 76
Table 19. Mexico Wind Turbine Rotor Blade Market by Location of Deployment, 2017-2027, $ mn 79
Table 20. Mexico Wind Turbine Rotor Blade Market by Blade Material, 2017-2027, $ mn 79
Table 21. Mexico Wind Turbine Rotor Blade Market by Installation Type, 2017-2027, $ mn 79
Table 22. Europe Wind Turbine Rotor Blade Market by Country, 2017-2027, $ mn 82
Table 23. UK Wind Turbine Rotor Blade Market by Location of Deployment, 2017-2027, $ mn 84
Table 24. UK Wind Turbine Rotor Blade Market by Blade Material, 2017-2027, $ mn 84
Table 25. UK Wind Turbine Rotor Blade Market by Installation Type, 2017-2027, $ mn 84
Table 26. France Wind Turbine Rotor Blade Market by Location of Deployment, 2017-2027, $ mn 86
Table 27. France Wind Turbine Rotor Blade Market by Blade Material, 2017-2027, $ mn 86
Table 28. France Wind Turbine Rotor Blade Market by Installation Type, 2017-2027, $ mn 86
Table 29. Germany Wind Turbine Rotor Blade Market by Location of Deployment, 2017-2027, $ mn 88
Table 30. Germany Wind Turbine Rotor Blade Market by Blade Material, 2017-2027, $ mn 88
Table 31. Germany Wind Turbine Rotor Blade Market by Installation Type, 2017-2027, $ mn 88
Table 32. Spain Wind Turbine Rotor Blade Market by Location of Deployment, 2017-2027, $ mn 90
Table 33. Spain Wind Turbine Rotor Blade Market by Blade Material, 2017-2027, $ mn 90
Table 34. Spain Wind Turbine Rotor Blade Market by Installation Type, 2017-2027, $ mn 90
Table 35. Italy Wind Turbine Rotor Blade Market by Location of Deployment, 2017-2027, $ mn 92
Table 36. Italy Wind Turbine Rotor Blade Market by Blade Material, 2017-2027, $ mn 92
Table 37. Italy Wind Turbine Rotor Blade Market by Installation Type, 2017-2027, $ mn 92
Table 38. Sweden Wind Turbine Rotor Blade Market by Location of Deployment, 2017-2027, $ mn 94
Table 39. Sweden Wind Turbine Rotor Blade Market by Blade Material, 2017-2027, $ mn 94
Table 40. Sweden Wind Turbine Rotor Blade Market by Installation Type, 2017-2027, $ mn 94
Table 41. APAC Wind Turbine Rotor Blade Market by Country, 2017-2027, $ mn 98
Table 42. China Wind Turbine Rotor Blade Market by Location of Deployment, 2017-2027, $ mn 100
Table 43. China Wind Turbine Rotor Blade Market by Blade Material, 2017-2027, $ mn 100
Table 44. China Wind Turbine Rotor Blade Market by Installation Type, 2017-2027, $ mn 100
Table 45. Japan Wind Turbine Rotor Blade Market by Location of Deployment, 2017-2027, $ mn 103
Table 46. Japan Wind Turbine Rotor Blade Market by Blade Material, 2017-2027, $ mn 103
Table 47. Japan Wind Turbine Rotor Blade Market by Installation Type, 2017-2027, $ mn 103
Table 48. India Wind Turbine Rotor Blade Market by Location of Deployment, 2017-2027, $ mn 105
Table 49. India Wind Turbine Rotor Blade Market by Blade Material, 2017-2027, $ mn 105
Table 50. India Wind Turbine Rotor Blade Market by Installation Type, 2017-2027, $ mn 105
Table 51. Australia Wind Turbine Rotor Blade Market by Location of Deployment, 2017-2027, $ mn 107
Table 52. Australia Wind Turbine Rotor Blade Market by Blade Material, 2017-2027, $ mn 107
Table 53. Australia Wind Turbine Rotor Blade Market by Installation Type, 2017-2027, $ mn 107
Table 54. South Korea Wind Turbine Rotor Blade Market by Location of Deployment, 2017-2027, $ mn 109
Table 55. South Korea Wind Turbine Rotor Blade Market by Blade Material, 2017-2027, $ mn 109
Table 56. South Korea Wind Turbine Rotor Blade Market by Installation Type, 2017-2027, $ mn 109
Table 57. South America Wind Turbine Rotor Blade Market by Country, 2017-2027, $ mn 113
Table 58. Argentina Wind Turbine Rotor Blade Market by Location of Deployment, 2017-2027, $ mn 115
Table 59. Argentina Wind Turbine Rotor Blade Market by Blade Material, 2017-2027, $ mn 115
Table 60. Argentina Wind Turbine Rotor Blade Market by Installation Type, 2017-2027, $ mn 115
Table 61. Brazil Wind Turbine Rotor Blade Market by Location of Deployment, 2017-2027, $ mn 117
Table 62. Brazil Wind Turbine Rotor Blade Market by Blade Material, 2017-2027, $ mn 117
Table 63. Brazil Wind Turbine Rotor Blade Market by Installation Type, 2017-2027, $ mn 117
Table 64. Chile Wind Turbine Rotor Blade Market by Location of Deployment, 2017-2027, $ mn 119
Table 65. Chile Wind Turbine Rotor Blade Market by Blade Material, 2017-2027, $ mn 119
Table 66. Chile Wind Turbine Rotor Blade Market by Installation Type, 2017-2027, $ mn 119
Table 67. MEA Wind Turbine Rotor Blade Market by Country, 2017-2027, $ mn 123
Table 68. Turkey Wind Turbine Rotor Blade Market by Location of Deployment, 2017-2027, $ mn 125
Table 69. Turkey Wind Turbine Rotor Blade Market by Blade Material, 2017-2027, $ mn 125
Table 70. Turkey Wind Turbine Rotor Blade Market by Installation Type, 2017-2027, $ mn 125
Table 71. Iran Wind Turbine Rotor Blade Market by Location of Deployment, 2017-2027, $ mn 127
Table 72. Iran Wind Turbine Rotor Blade Market by Blade Material, 2017-2027, $ mn 127
Table 73. Iran Wind Turbine Rotor Blade Market by Installation Type, 2017-2027, $ mn 127
Table 74. South Africa Wind Turbine Rotor Blade Market by Location of Deployment, 2017-2027, $ mn 129
Table 75. South Africa Wind Turbine Rotor Blade Market by Blade Material, 2017-2027, $ mn 129
Table 76. South Africa Wind Turbine Rotor Blade Market by Installation Type, 2017-2027, $ mn 129
Table 77. Aeris Energy: Company Snapshot 135
Table 78. Aeris Energy: Business Segmentation 135
Table 79. Aeris Energy: Product Portfolio 136
Table 80. Aeris Energy: Revenue, 2017-2019, $ mn 136
List of Figures
Figure 1. Research Method Flow Chart 12Figure 2. Bottom-up Approach and Top-down Approach for Market Estimation 15
Figure 3. Global Market Forecast in Optimistic, Conservative and Balanced Perspectives, 2020-2027 17
Figure 4. Global Wind Turbine Rotor Blade Market, 2017-2027, $ mn 19
Figure 5. Impact of COVID-19 on Business 22
Figure 6. Primary Drivers and Impact Factors of Global Wind Turbine Rotor Blade Market 24
Figure 7. Primary Restraints and Impact Factors of Global Wind Turbine Rotor Blade Market 31
Figure 8. Investment Opportunity Analysis 35
Figure 9. Porter’s Fiver Forces Analysis of Global Wind Turbine Rotor Blade Market 38
Figure 10. Breakdown of Global Wind Turbine Rotor Blade Market by Location of Deployment, 2020-2027, % of Revenue 42
Figure 11. Contribution to Global 2021-2027 Cumulative Revenue by Location of Deployment, Value ($ mn) and Share (%) 43
Figure 12. Global Wind Turbine Rotor Blade Market: Onshore Wind Energy Power, 2017-2027, $ mn 44
Figure 13. Onshore Wind Net Capacity Additions by Country or Region, 2015-2022 45
Figure 14. Global Wind Turbine Rotor Blade Market: Offshore Wind Energy Power, 2017-2027, $ mn 46
Figure 15. Offshore Wind Net Capacity Additions by Country or Region, 2016-2022 47
Figure 16. Breakdown of Global Wind Turbine Rotor Blade Market by Blade Material, 2020-2027, % of Revenue 48
Figure 17. Contribution to Global 2021-2027 Cumulative Revenue by Blade Material, Value ($ mn) and Share (%) 49
Figure 18. Global Wind Turbine Rotor Blade Market: Carbon Fiber, 2017-2027, $ mn 50
Figure 19. Global Wind Turbine Rotor Blade Market: Glass Fiber, 2017-2027, $ mn 51
Figure 20. Global Wind Turbine Rotor Blade Market: Other Blade Materials, 2017-2027, $ mn 52
Figure 21. Breakdown of Global Wind Turbine Rotor Blade Market by Blade Length, 2020-2027, % of Revenue 54
Figure 22. Contribution to Global 2021-2027 Cumulative Revenue by Blade Length, Value ($ mn) and Share (%) 54
Figure 23. Global Wind Turbine Rotor Blade Market: < 45.0 Meters, 2017-2027, $ mn 55
Figure 24. Global Wind Turbine Rotor Blade Market: 45.0-49.9 Meters, 2017-2027, $ mn 56
Figure 25. Global Wind Turbine Rotor Blade Market: 50.0 - 54.9 Meters, 2017-2027, $ mn 57
Figure 26. Global Wind Turbine Rotor Blade Market: 55.0 - 59.9 Meters, 2017-2027, $ mn 58
Figure 27. Global Wind Turbine Rotor Blade Market: 60.0 - 69.9 Meters, 2017-2027, $ mn 59
Figure 28. Global Wind Turbine Rotor Blade Market: > 70.0 Meters, 2017-2027, $ mn 60
Figure 29. Breakdown of Global Wind Turbine Rotor Blade Market by Installation Type, 2020-2027, % of Revenue 61
Figure 30. Contribution to Global 2021-2027 Cumulative Revenue by Installation Type, Value ($ mn) and Share (%) 62
Figure 31. Global Wind Turbine Rotor Blade Market: New Installation, 2017-2027, $ mn 63
Figure 32. Global Wind Turbine Rotor Blade Market: Reinstallation & Replacement, 2017-2027, $ mn 64
Figure 33. Global Market Snapshot by Region 65
Figure 34. Geographic Spread of Worldwide Wind Turbine Rotor Blade Market, 2020-2027, % of Revenue 66
Figure 35. Contribution to Global 2021-2027 Cumulative Revenue by Region, Value ($ mn) and Share (%) 67
Figure 36. North American Wind Turbine Rotor Blade Market, 2017-2027, $ mn 70
Figure 37. Breakdown of North America Wind Turbine Rotor Blade Market by Country, 2020 and 2027, % of Revenue 70
Figure 38. Contribution to North America 2021-2027 Cumulative Revenue by Country, Value ($ mn) and Share (%) 71
Figure 39. U.S. Wind Turbine Rotor Blade Market, 2017-2027, $ mn 73
Figure 40. Canada Wind Turbine Rotor Blade Market, 2017-2027, $ mn 75
Figure 41. Wind Turbine Rotor Blade Market in Mexico, 2017-2027, $ mn 78
Figure 42. European Wind Turbine Rotor Blade Market, 2017-2027, $ mn 81
Figure 43. Breakdown of European Wind Turbine Rotor Blade Market by Country, 2020 and 2027, % of Revenue 81
Figure 44. Contribution to Europe 2021-2027 Cumulative Revenue by Country, Value ($ mn) and Share (%) 82
Figure 45. Wind Turbine Rotor Blade Market in UK, 2017-2027, $ mn 83
Figure 46. Wind Turbine Rotor Blade Market in France, 2017-2027, $ mn 85
Figure 47. Wind Turbine Rotor Blade Market in Germany, 2017-2027, $ mn 87
Figure 48. Wind Turbine Rotor Blade Market in Spain, 2017-2027, $ mn 89
Figure 49. Wind Turbine Rotor Blade Market in Italy, 2017-2027, $ mn 91
Figure 50. Wind Turbine Rotor Blade Market in Sweden, 2017-2027, $ mn 93
Figure 51. Wind Turbine Rotor Blade Market in Rest of Europe, 2017-2027, $ mn 95
Figure 52. Asia-Pacific Wind Turbine Rotor Blade Market, 2017-2027, $ mn 97
Figure 53. Breakdown of APAC Wind Turbine Rotor Blade Market by Country, 2020 and 2027, % of Revenue 97
Figure 54. Contribution to APAC 2021-2027 Cumulative Revenue by Country, Value ($ mn) and Share (%) 98
Figure 55. Wind Turbine Rotor Blade Market in China, 2017-2027, $ mn 99
Figure 56. Wind Turbine Rotor Blade Market in Japan, 2017-2027, $ mn 102
Figure 57. Wind Turbine Rotor Blade Market in India, 2017-2027, $ mn 104
Figure 58. Wind Turbine Rotor Blade Market in Australia, 2017-2027, $ mn 106
Figure 59. Wind Turbine Rotor Blade Market in South Korea, 2017-2027, $ mn 108
Figure 60. Wind Turbine Rotor Blade Market in Rest of APAC, 2017-2027, $ mn 110
Figure 61. South America Wind Turbine Rotor Blade Market, 2017-2027, $ mn 112
Figure 62. Breakdown of South America Wind Turbine Rotor Blade Market by Country, 2020 and 2027, % of Revenue 112
Figure 63. Contribution to South America 2021-2027 Cumulative Revenue by Country, Value ($ mn) and Share (%) 113
Figure 64. Wind Turbine Rotor Blade Market in Argentina, 2017-2027, $ mn 114
Figure 65. Wind Turbine Rotor Blade Market in Brazil, 2017-2027, $ mn 116
Figure 66. Wind Turbine Rotor Blade Market in Chile, 2017-2027, $ mn 118
Figure 67. Wind Turbine Rotor Blade Market in Rest of South America, 2017-2027, $ mn 120
Figure 68. Wind Turbine Rotor Blade Market in Middle East and Africa (MEA), 2017-2027, $ mn 122
Figure 69. Breakdown of MEA Wind Turbine Rotor Blade Market by Country, 2020 and 2027, % of Revenue 122
Figure 70. Contribution to MEA 2021-2027 Cumulative Revenue by Country, Value ($ mn) and Share (%) 123
Figure 71. Wind Turbine Rotor Blade Market in Turkey, 2017-2027, $ mn 124
Figure 72. Wind Turbine Rotor Blade Market in Iran, 2017-2027, $ mn 126
Figure 73. Wind Turbine Rotor Blade Market in South Africa, 2017-2027, $ mn 128
Figure 74. Growth Stage of Global Wind Turbine Rotor Blade Industry over the Forecast Period 131
Research methodology is mainly referring to the practical how of any offered piece of research. More specifically, it’s all about how a researcher systematically designs a study in order to assure extremely valid as well as reliable results that ultimately address the targets and objectives of the research.
In any formal research including academic journal, article, dissertation and so on, there will be a special section on a research methodology that mainly describes what, by whom, how to gather as well as how to evaluate the data are provided.
This research methodology has been segmented into following types:
Primary Research:
It is said to be original information that the researchers collect for the crucial purposes of answering the research questions of readers with the help of surveys, observations and experiments.
Secondary Research:
The secondary research is the data that has already been collected by various other researchers in the form of government analysis or scientific studies.
Qualitative Research:
It is descriptive and subjective method irrespective of facts. Both observation and description are essential in this type of research methodology. Its main vision is to analyze knowledge, attitudes, behaviours as well as opinions of people related to the topic of any research. This method has been operated through grounded research, case study and actionable research.
Quantitative Research:
It contains several laboratory experiments, basic surveys, mathematical calculations, simulations and so on. The possible measurement, quantity or amount is considered to be a major factor in the quantitative research methodology.
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