The market size of the wood processing equipment industry is determined through a large amount of first-hand research and data monitoring covering major industries (including the output and output value of the target product or industry within a specified period of time, etc.) Specifically based on basic data information such as population size, people's needs, age distribution, and regional wealth and poverty surveys, and through independently developed multiple market size and development prospect estimation models, we provide customers with reliable market and market segment sizes. Data and trend judgment help customers determine the target market size and development prospects, and provide reliable and continuous data support for market development and market share estimation.

The market size is not only the market sales of wood processing equipment products within a certain range, but also covers the scale of users or sales volume. We estimate the existing market based on the area where wood processing equipment is concentrated, the stage of development, and the number of users; secondly, we estimate the future market based on potential users and development trends of wood processing equipment. Ultimately, the overall size of the wood processing equipment product market is known.

In calculating the market size of wood processing equipment, we mainly use the following methods

1. Source estimation algorithm

That is, the market size of this industry is traced back to the source industry that gave birth to this industry, and through the interpretation of source industry data, the data of the wood processing equipment industry is derived.

2. Strong correlation data estimation method

The so-called strong correlation can be understood as the strong relationship between the sales of products in the two industries. Through the relationship with wood processing equipment The analysis of strong industry related industries confirms the accuracy of market size data.

3. Demand estimation method

It is to calculate the size of the target market based on the needs of target customers of wood processing equipment products.

4. Sampling analysis method

That is, a certain sample is extracted from the population through sampling method, and then the overall situation is inferred based on the sample. Sampling methods mainly include: random sampling, stratified sampling, overall sampling, systematic sampling and snowball sampling.