Research Methodology on Sports Equipment Market
This research methodology provides a detailed outline of the research strategies and methodologies utilized by Market Research Future to arrive at its findings and conclusions as laid out in the market research report “Sports Equipment Market - Forecast to 2030.” The research methodology is broken down into several distinct parts, the first of which is an overview of the research process utilized by Market Research Future. This is followed by a detailed examination of the primary sources used, the various market representativeness employed, secondary data sources, and the sample selection process.
Research Process:
Market Research Future’s report on the sports equipment market was created using an in-depth research process. To begin, a detailed primary research survey was conducted with industry stakeholders, experts in the field of sports equipment, and market participants from the various pertinent regional markets (North America, Europe, Asia-Pacific, and the Rest of the World). This survey was conducted using a combination of questionnaires, personal interviews, and teleconferencing. The data collected from the primary research survey was then used to formulate our base market figures and forecasts for the global market.
Secondary research was also conducted for this report. Multiple sources of published information, including market reports, 360-degree reviews of various sports equipment products, and other similar materials were reviewed and used to formulate our overall forecasts. We also conducted interviews with industry analysts, market professionals, CXOs, and so on who provided valuable insights related to new product launches, plans and trends that have impacted the sports equipment market.
Primary Data Sources:
The primary sources of data that were used for this report include surveys of owners, managers, executives, and professionals in the sports equipment market, industry specialists and experts, and current and prospective users. A combination of both primary and secondary sources was used to gain a comprehensive understanding of the various market dynamics and the hierarchy of the sports equipment market in different regions around the world.
Secondary Data Sources:
The secondary data sources used for the research include annual reports, investor presentations, press releases, journals, government data, publications, and other industry publications. Additionally, both in-country and international databases such as Bloomberg, Business Insider, Factiva, OWLER, Hoovers, and various others have been accessed to compile qualitative and quantitative information for the sports equipment market.
Market Representativeness:
To ensure the accuracy of our research, Market Research Future utilized multiple levels of market representativeness. To begin, regional representation was used for North America, Europe, APAC, and the Rest of the World. Once the various regional markets were identified, market sizes for each region were calculated based on sales and distribution channels. Additionally, the market is also represented according to product type and usage, as well as end-users from various regions.
Sample Selection Process:
To ensure accuracy and market representativeness, a stratified sampling method was implemented. In this method, the research was divided into several distinct parts including, product types, regional markets, distribution networks, and usage applications among other factors. Each of the distinct parts was further divided into strata that were outlined in our sample selection process to ensure that the highest level of accuracy was reached.
Finally, the research data was collected and validated with the help of advanced data triangulation methodologies. This method involves the analysis of the data from both primary and secondary sources to ensure the accuracy of the findings and the consistency of the final report.
