Key Insights
The European temperature sensor market, valued at approximately €X million in 2025 (assuming a logical estimation based on the provided CAGR and market size), is experiencing robust growth, projected at a Compound Annual Growth Rate (CAGR) of 6.70% from 2025 to 2033. This expansion is driven by several key factors. The increasing automation across various end-user industries, including automotive, chemical & petrochemical, and manufacturing, fuels a significant demand for precise and reliable temperature measurement. Furthermore, the burgeoning adoption of Industry 4.0 and the Internet of Things (IoT) necessitates advanced sensor technologies for real-time data acquisition and process optimization. Technological advancements, such as the development of more energy-efficient and miniaturized sensors like infrared and fiber optic types, along with improved wireless connectivity, are also contributing to market growth. Germany, France, and the United Kingdom represent the largest national markets within Europe, driven by robust industrial sectors and advanced technological infrastructure.
However, the market's growth trajectory is not without challenges. Price fluctuations in raw materials and the complexity of integrating diverse sensor technologies into existing systems can act as potential restraints. Nonetheless, the ongoing shift towards sustainable and efficient industrial processes, coupled with increasing government regulations regarding safety and emissions monitoring, promises to create further opportunities for growth. The market is segmented by technology (infrared, thermocouple, RTD, thermistor, etc.), end-user industry (automotive, chemical, energy, etc.), and type (wired, wireless). Competitive landscape analysis reveals a mix of established industry giants like Honeywell, ABB, and Siemens alongside specialized sensor manufacturers. The future of the European temperature sensor market looks bright, particularly with the continued focus on digitalization and advanced process control within key industries. Further penetration of wireless and advanced sensor technologies across various sectors promises sustained market expansion over the forecast period.

Europe Temperature Sensor Industry Market Report: 2019-2033
This comprehensive report provides a detailed analysis of the Europe temperature sensor industry, offering invaluable insights for stakeholders seeking to understand market dynamics, future trends, and key players. Covering the period from 2019 to 2033, with a focus on 2025, this report leverages rigorous research and data analysis to deliver actionable intelligence. The total market size in 2025 is estimated at €XX Million.
Europe Temperature Sensor Industry Market Composition & Trends
The European temperature sensor market is characterized by a moderately concentrated landscape, with key players like Honeywell, ABB, and Siemens holding significant market share, estimated at approximately XX% collectively in 2025. However, the market also sees participation from numerous smaller, specialized firms catering to niche applications. Innovation is driven by advancements in sensor technologies (e.g., infrared, MEMS), the increasing demand for precise measurements across various industries, and stringent environmental regulations. The regulatory landscape, particularly concerning safety and environmental standards, significantly influences the market. Substitute products, such as thermal imaging systems, present competitive pressures, but temperature sensors maintain a strong position due to their cost-effectiveness and precision for specific applications. Mergers and acquisitions (M&A) activities have played a role in consolidating the market, with deal values in the last five years totaling approximately €XX Million. End-user profiles vary significantly, with the chemical, automotive, and medical sectors showing strong demand.
- Market Share Distribution (2025): Honeywell (XX%), ABB (XX%), Siemens (XX%), Others (XX%)
- M&A Deal Value (2019-2024): €XX Million
- Key End-User Industries: Chemical & Petrochemical, Automotive, Medical

Europe Temperature Sensor Industry Industry Evolution
The Europe temperature sensor market has experienced steady growth throughout the historical period (2019-2024), with a Compound Annual Growth Rate (CAGR) of XX%. This growth is attributed to several factors. The increasing automation across various industries, particularly in manufacturing and process control, fuels demand for precise and reliable temperature sensing. Technological advancements, such as the development of smaller, more energy-efficient sensors with improved accuracy and increased functionality (e.g., wireless capabilities), have further driven market expansion. Shifting consumer demands, particularly the preference for smart and connected devices, are boosting the adoption of temperature sensors in consumer electronics and wearable technology. The market is expected to maintain a healthy growth trajectory during the forecast period (2025-2033), with a projected CAGR of XX%, driven by the continued growth of smart homes, Industry 4.0 adoption, and the expanding medical device sector. The adoption of wireless sensors, for example, has seen a surge in recent years, growing at a CAGR of XX% from 2019 to 2024. This trend is projected to continue.
Leading Regions, Countries, or Segments in Europe Temperature Sensor Industry
Germany, the United Kingdom, and France represent the leading markets within Europe. This dominance is primarily driven by strong industrial bases, advanced technological infrastructure, and significant investments in automation and smart technologies.
Key Drivers:
- Germany: Strong automotive and manufacturing sectors, significant government investments in research and development, robust industrial automation.
- United Kingdom: Growing adoption of smart technologies, significant investments in renewable energy, substantial presence of major sensor manufacturers.
- France: Strong presence in aerospace and defense, growing emphasis on energy efficiency, substantial investments in smart cities initiatives.
Dominance Factors:
- High concentration of industrial and manufacturing activities driving demand.
- Significant investments in research and development across the region.
- Strong government support for the adoption of advanced technologies.
The Resistance Temperature Detector (RTD) segment dominates the technology landscape due to its reliability, accuracy, and wide temperature range. The Automotive sector holds the largest share in the end-user industry, followed by Chemical & Petrochemical. The Wired segment leads in the type category because of its reliability in industrial applications.
Europe Temperature Sensor Industry Product Innovations
Recent innovations focus on enhancing sensor accuracy, miniaturization, energy efficiency, and wireless connectivity. The emergence of smart sensors with integrated data processing capabilities and IoT connectivity is transforming the market. Products with enhanced durability and resistance to harsh environmental conditions are gaining traction, particularly in industrial applications. These advancements enable real-time monitoring, predictive maintenance, and improved process optimization. Unique selling propositions frequently center on superior accuracy, smaller form factors, and long-term stability.
Propelling Factors for Europe Temperature Sensor Industry Growth
Several factors drive market growth: increasing industrial automation across various sectors, the burgeoning Internet of Things (IoT) and Industry 4.0, the rising adoption of smart technologies in consumer electronics, and significant investments in renewable energy infrastructure all contribute to heightened demand for advanced temperature sensors. Furthermore, stringent environmental regulations are pushing industries to optimize energy consumption and reduce emissions, increasing the importance of precise temperature monitoring and control.
Obstacles in the Europe Temperature Sensor Industry Market
Challenges include the high cost of advanced sensors, potential supply chain disruptions impacting raw material availability, and intense competition from both established players and emerging startups. Strict regulatory compliance requirements in certain industries (e.g., medical) and evolving safety standards can also add complexities. These factors can impact market growth and profitability for sensor manufacturers.
Future Opportunities in Europe Temperature Sensor Industry
Future opportunities lie in the expanding Internet of Things (IoT) market, the growth of smart cities, and the continued development of advanced sensor technologies like nanotechnology-based sensors. The increasing demand for precision temperature measurement in emerging sectors such as renewable energy (e.g., solar, wind), healthcare, and precision agriculture will create new avenues for growth. Furthermore, the development of low-power, long-range wireless sensors is set to disrupt the market.
Major Players in the Europe Temperature Sensor Industry Ecosystem
- Honeywell International Inc
- ABB Ltd
- Denso Corporation
- Gunther GmbH Temperaturmesstechnik
- Fluke Process Instruments
- NXP Semiconductors NV
- GE Sensing & Inspection Technologies GmbH
- Maxim Integrated Products
- Kongsberg Gruppe
- STMicroelectronics
- Siemens AG
- TE Connectivity Ltd
- Robert Bosch GmbH
- Texas Instruments Incorporated
- Microchip Technology Incorporated
- Analog Devices Inc
- Omron Corporatio
- FLIR Systems
- Panasonic Corporation
- Thermometris
- Emerson Electric Company
Key Developments in Europe Temperature Sensor Industry Industry
- May 2020: GOQii launched a smart band with a temperature sensor for COVID-19 detection.
- January 2021: Sensirion's humidity and temperature sensors were integrated into LivingPackets' sustainable packaging solution, THE BOX.
Strategic Europe Temperature Sensor Industry Market Forecast
The Europe temperature sensor market is poised for robust growth fueled by technological advancements, increasing automation across diverse sectors, and the expansion of IoT applications. The market's future hinges on the continued adoption of smart technologies, the development of innovative sensor solutions addressing specific industry needs, and favorable regulatory environments. The forecast period suggests a significant market expansion, presenting substantial opportunities for existing players and new entrants alike.
Europe Temperature Sensor Industry Segmentation
-
1. Type
- 1.1. Wired
- 1.2. Wireless
-
2. Technology
- 2.1. Infrared
- 2.2. Thermocouple
- 2.3. Resistance Temperature Detector
- 2.4. Thermistor
- 2.5. Temperature Transmitter
- 2.6. Fiber Optic
- 2.7. Others
-
3. End-user Industry
- 3.1. Chemical & Petrochemical
- 3.2. Oil & Gas
- 3.3. Metal & Mining
- 3.4. Power Generation
- 3.5. Food & Beverage
- 3.6. Automotive
- 3.7. Medical
- 3.8. Aerospace & Military
- 3.9. Consumer Electronics
- 3.10. Other End-user Industries
Europe Temperature Sensor Industry Segmentation By Geography
-
1. Europe
- 1.1. United Kingdom
- 1.2. Germany
- 1.3. France
- 1.4. Italy
- 1.5. Spain
- 1.6. Netherlands
- 1.7. Belgium
- 1.8. Sweden
- 1.9. Norway
- 1.10. Poland
- 1.11. Denmark

Europe Temperature Sensor Industry REPORT HIGHLIGHTS
Aspects | Details |
---|---|
Study Period | 2019-2033 |
Base Year | 2024 |
Estimated Year | 2025 |
Forecast Period | 2025-2033 |
Historical Period | 2019-2024 |
Growth Rate | CAGR of 6.70% from 2019-2033 |
Segmentation |
|
Table of Contents
- 1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
- 2. Executive Summary
- 2.1. Introduction
- 3. Market Dynamics
- 3.1. Introduction
- 3.2. Market Drivers
- 3.2.1. Growth in Industry 4.0 & Rapid Factory Automation; Increasing Demand for Wearable in Consumer Electronics
- 3.3. Market Restrains
- 3.3.1. Fluctuation in Raw Material Prices
- 3.4. Market Trends
- 3.4.1. Oil and Gas to Show Significant Growth
- 4. Market Factor Analysis
- 4.1. Porters Five Forces
- 4.2. Supply/Value Chain
- 4.3. PESTEL analysis
- 4.4. Market Entropy
- 4.5. Patent/Trademark Analysis
- 5. Europe Temperature Sensor Industry Analysis, Insights and Forecast, 2019-2031
- 5.1. Market Analysis, Insights and Forecast - by Type
- 5.1.1. Wired
- 5.1.2. Wireless
- 5.2. Market Analysis, Insights and Forecast - by Technology
- 5.2.1. Infrared
- 5.2.2. Thermocouple
- 5.2.3. Resistance Temperature Detector
- 5.2.4. Thermistor
- 5.2.5. Temperature Transmitter
- 5.2.6. Fiber Optic
- 5.2.7. Others
- 5.3. Market Analysis, Insights and Forecast - by End-user Industry
- 5.3.1. Chemical & Petrochemical
- 5.3.2. Oil & Gas
- 5.3.3. Metal & Mining
- 5.3.4. Power Generation
- 5.3.5. Food & Beverage
- 5.3.6. Automotive
- 5.3.7. Medical
- 5.3.8. Aerospace & Military
- 5.3.9. Consumer Electronics
- 5.3.10. Other End-user Industries
- 5.4. Market Analysis, Insights and Forecast - by Region
- 5.4.1. Europe
- 5.1. Market Analysis, Insights and Forecast - by Type
- 6. Germany Europe Temperature Sensor Industry Analysis, Insights and Forecast, 2019-2031
- 7. France Europe Temperature Sensor Industry Analysis, Insights and Forecast, 2019-2031
- 8. Italy Europe Temperature Sensor Industry Analysis, Insights and Forecast, 2019-2031
- 9. United Kingdom Europe Temperature Sensor Industry Analysis, Insights and Forecast, 2019-2031
- 10. Netherlands Europe Temperature Sensor Industry Analysis, Insights and Forecast, 2019-2031
- 11. Sweden Europe Temperature Sensor Industry Analysis, Insights and Forecast, 2019-2031
- 12. Rest of Europe Europe Temperature Sensor Industry Analysis, Insights and Forecast, 2019-2031
- 13. Competitive Analysis
- 13.1. Market Share Analysis 2024
- 13.2. Company Profiles
- 13.2.1 Honeywell International Inc
- 13.2.1.1. Overview
- 13.2.1.2. Products
- 13.2.1.3. SWOT Analysis
- 13.2.1.4. Recent Developments
- 13.2.1.5. Financials (Based on Availability)
- 13.2.2 ABB Ltd
- 13.2.2.1. Overview
- 13.2.2.2. Products
- 13.2.2.3. SWOT Analysis
- 13.2.2.4. Recent Developments
- 13.2.2.5. Financials (Based on Availability)
- 13.2.3 Denso Corporation
- 13.2.3.1. Overview
- 13.2.3.2. Products
- 13.2.3.3. SWOT Analysis
- 13.2.3.4. Recent Developments
- 13.2.3.5. Financials (Based on Availability)
- 13.2.4 Gunther GmbH Temperaturmesstechnik
- 13.2.4.1. Overview
- 13.2.4.2. Products
- 13.2.4.3. SWOT Analysis
- 13.2.4.4. Recent Developments
- 13.2.4.5. Financials (Based on Availability)
- 13.2.5 Fluke Process Instruments
- 13.2.5.1. Overview
- 13.2.5.2. Products
- 13.2.5.3. SWOT Analysis
- 13.2.5.4. Recent Developments
- 13.2.5.5. Financials (Based on Availability)
- 13.2.6 NXP Semiconductors NV
- 13.2.6.1. Overview
- 13.2.6.2. Products
- 13.2.6.3. SWOT Analysis
- 13.2.6.4. Recent Developments
- 13.2.6.5. Financials (Based on Availability)
- 13.2.7 GE Sensing & Inspection Technologies GmbH
- 13.2.7.1. Overview
- 13.2.7.2. Products
- 13.2.7.3. SWOT Analysis
- 13.2.7.4. Recent Developments
- 13.2.7.5. Financials (Based on Availability)
- 13.2.8 Maxim Integrated Products
- 13.2.8.1. Overview
- 13.2.8.2. Products
- 13.2.8.3. SWOT Analysis
- 13.2.8.4. Recent Developments
- 13.2.8.5. Financials (Based on Availability)
- 13.2.9 Kongsberg Gruppe
- 13.2.9.1. Overview
- 13.2.9.2. Products
- 13.2.9.3. SWOT Analysis
- 13.2.9.4. Recent Developments
- 13.2.9.5. Financials (Based on Availability)
- 13.2.10 STMicroelectronics
- 13.2.10.1. Overview
- 13.2.10.2. Products
- 13.2.10.3. SWOT Analysis
- 13.2.10.4. Recent Developments
- 13.2.10.5. Financials (Based on Availability)
- 13.2.11 Siemens AG
- 13.2.11.1. Overview
- 13.2.11.2. Products
- 13.2.11.3. SWOT Analysis
- 13.2.11.4. Recent Developments
- 13.2.11.5. Financials (Based on Availability)
- 13.2.12 TE Connectivity Ltd
- 13.2.12.1. Overview
- 13.2.12.2. Products
- 13.2.12.3. SWOT Analysis
- 13.2.12.4. Recent Developments
- 13.2.12.5. Financials (Based on Availability)
- 13.2.13 Robert Bosch GmbH
- 13.2.13.1. Overview
- 13.2.13.2. Products
- 13.2.13.3. SWOT Analysis
- 13.2.13.4. Recent Developments
- 13.2.13.5. Financials (Based on Availability)
- 13.2.14 Texas Instruments Incorporated
- 13.2.14.1. Overview
- 13.2.14.2. Products
- 13.2.14.3. SWOT Analysis
- 13.2.14.4. Recent Developments
- 13.2.14.5. Financials (Based on Availability)
- 13.2.15 Microchip Technology Incorporated
- 13.2.15.1. Overview
- 13.2.15.2. Products
- 13.2.15.3. SWOT Analysis
- 13.2.15.4. Recent Developments
- 13.2.15.5. Financials (Based on Availability)
- 13.2.16 Analog Devices Inc
- 13.2.16.1. Overview
- 13.2.16.2. Products
- 13.2.16.3. SWOT Analysis
- 13.2.16.4. Recent Developments
- 13.2.16.5. Financials (Based on Availability)
- 13.2.17 Omron Corporatio
- 13.2.17.1. Overview
- 13.2.17.2. Products
- 13.2.17.3. SWOT Analysis
- 13.2.17.4. Recent Developments
- 13.2.17.5. Financials (Based on Availability)
- 13.2.18 FLIR Systems
- 13.2.18.1. Overview
- 13.2.18.2. Products
- 13.2.18.3. SWOT Analysis
- 13.2.18.4. Recent Developments
- 13.2.18.5. Financials (Based on Availability)
- 13.2.19 Panasonic Corporation
- 13.2.19.1. Overview
- 13.2.19.2. Products
- 13.2.19.3. SWOT Analysis
- 13.2.19.4. Recent Developments
- 13.2.19.5. Financials (Based on Availability)
- 13.2.20 Thermometris
- 13.2.20.1. Overview
- 13.2.20.2. Products
- 13.2.20.3. SWOT Analysis
- 13.2.20.4. Recent Developments
- 13.2.20.5. Financials (Based on Availability)
- 13.2.21 Emerson Electric Company
- 13.2.21.1. Overview
- 13.2.21.2. Products
- 13.2.21.3. SWOT Analysis
- 13.2.21.4. Recent Developments
- 13.2.21.5. Financials (Based on Availability)
- 13.2.1 Honeywell International Inc
List of Figures
- Figure 1: Europe Temperature Sensor Industry Revenue Breakdown (Million, %) by Product 2024 & 2032
- Figure 2: Europe Temperature Sensor Industry Share (%) by Company 2024
List of Tables
- Table 1: Europe Temperature Sensor Industry Revenue Million Forecast, by Region 2019 & 2032
- Table 2: Europe Temperature Sensor Industry Revenue Million Forecast, by Type 2019 & 2032
- Table 3: Europe Temperature Sensor Industry Revenue Million Forecast, by Technology 2019 & 2032
- Table 4: Europe Temperature Sensor Industry Revenue Million Forecast, by End-user Industry 2019 & 2032
- Table 5: Europe Temperature Sensor Industry Revenue Million Forecast, by Region 2019 & 2032
- Table 6: Europe Temperature Sensor Industry Revenue Million Forecast, by Country 2019 & 2032
- Table 7: Germany Europe Temperature Sensor Industry Revenue (Million) Forecast, by Application 2019 & 2032
- Table 8: France Europe Temperature Sensor Industry Revenue (Million) Forecast, by Application 2019 & 2032
- Table 9: Italy Europe Temperature Sensor Industry Revenue (Million) Forecast, by Application 2019 & 2032
- Table 10: United Kingdom Europe Temperature Sensor Industry Revenue (Million) Forecast, by Application 2019 & 2032
- Table 11: Netherlands Europe Temperature Sensor Industry Revenue (Million) Forecast, by Application 2019 & 2032
- Table 12: Sweden Europe Temperature Sensor Industry Revenue (Million) Forecast, by Application 2019 & 2032
- Table 13: Rest of Europe Europe Temperature Sensor Industry Revenue (Million) Forecast, by Application 2019 & 2032
- Table 14: Europe Temperature Sensor Industry Revenue Million Forecast, by Type 2019 & 2032
- Table 15: Europe Temperature Sensor Industry Revenue Million Forecast, by Technology 2019 & 2032
- Table 16: Europe Temperature Sensor Industry Revenue Million Forecast, by End-user Industry 2019 & 2032
- Table 17: Europe Temperature Sensor Industry Revenue Million Forecast, by Country 2019 & 2032
- Table 18: United Kingdom Europe Temperature Sensor Industry Revenue (Million) Forecast, by Application 2019 & 2032
- Table 19: Germany Europe Temperature Sensor Industry Revenue (Million) Forecast, by Application 2019 & 2032
- Table 20: France Europe Temperature Sensor Industry Revenue (Million) Forecast, by Application 2019 & 2032
- Table 21: Italy Europe Temperature Sensor Industry Revenue (Million) Forecast, by Application 2019 & 2032
- Table 22: Spain Europe Temperature Sensor Industry Revenue (Million) Forecast, by Application 2019 & 2032
- Table 23: Netherlands Europe Temperature Sensor Industry Revenue (Million) Forecast, by Application 2019 & 2032
- Table 24: Belgium Europe Temperature Sensor Industry Revenue (Million) Forecast, by Application 2019 & 2032
- Table 25: Sweden Europe Temperature Sensor Industry Revenue (Million) Forecast, by Application 2019 & 2032
- Table 26: Norway Europe Temperature Sensor Industry Revenue (Million) Forecast, by Application 2019 & 2032
- Table 27: Poland Europe Temperature Sensor Industry Revenue (Million) Forecast, by Application 2019 & 2032
- Table 28: Denmark Europe Temperature Sensor Industry Revenue (Million) Forecast, by Application 2019 & 2032
Frequently Asked Questions
1. What is the projected Compound Annual Growth Rate (CAGR) of the Europe Temperature Sensor Industry?
The projected CAGR is approximately 6.70%.
2. Which companies are prominent players in the Europe Temperature Sensor Industry?
Key companies in the market include Honeywell International Inc, ABB Ltd, Denso Corporation, Gunther GmbH Temperaturmesstechnik, Fluke Process Instruments, NXP Semiconductors NV, GE Sensing & Inspection Technologies GmbH, Maxim Integrated Products, Kongsberg Gruppe, STMicroelectronics, Siemens AG, TE Connectivity Ltd, Robert Bosch GmbH, Texas Instruments Incorporated, Microchip Technology Incorporated, Analog Devices Inc, Omron Corporatio, FLIR Systems, Panasonic Corporation, Thermometris, Emerson Electric Company.
3. What are the main segments of the Europe Temperature Sensor Industry?
The market segments include Type, Technology, End-user Industry.
4. Can you provide details about the market size?
The market size is estimated to be USD XX Million as of 2022.
5. What are some drivers contributing to market growth?
Growth in Industry 4.0 & Rapid Factory Automation; Increasing Demand for Wearable in Consumer Electronics.
6. What are the notable trends driving market growth?
Oil and Gas to Show Significant Growth.
7. Are there any restraints impacting market growth?
Fluctuation in Raw Material Prices.
8. Can you provide examples of recent developments in the market?
January 2021 - Switzerland-based Sensirion announced that the company, LivingPackets, utilized Sensirion's humidity and temperature sensors in its sustainable packaging solutions. Using the solution called THE BOX, packaging waste is expected to be reduced by over 100 billion deliveries annually. THE BOX consists of highly resistant materials. It can be recycled without a specific limit and can survive almost 1,000 transport trips before reprocessing.
9. What pricing options are available for accessing the report?
Pricing options include single-user, multi-user, and enterprise licenses priced at USD 4750, USD 5250, and USD 8750 respectively.
10. Is the market size provided in terms of value or volume?
The market size is provided in terms of value, measured in Million.
11. Are there any specific market keywords associated with the report?
Yes, the market keyword associated with the report is "Europe Temperature Sensor Industry," which aids in identifying and referencing the specific market segment covered.
12. How do I determine which pricing option suits my needs best?
The pricing options vary based on user requirements and access needs. Individual users may opt for single-user licenses, while businesses requiring broader access may choose multi-user or enterprise licenses for cost-effective access to the report.
13. Are there any additional resources or data provided in the Europe Temperature Sensor Industry report?
While the report offers comprehensive insights, it's advisable to review the specific contents or supplementary materials provided to ascertain if additional resources or data are available.
14. How can I stay updated on further developments or reports in the Europe Temperature Sensor Industry?
To stay informed about further developments, trends, and reports in the Europe Temperature Sensor Industry, consider subscribing to industry newsletters, following relevant companies and organizations, or regularly checking reputable industry news sources and publications.
Methodology
Step 1 - Identification of Relevant Samples Size from Population Database



Step 2 - Approaches for Defining Global Market Size (Value, Volume* & Price*)

Note*: In applicable scenarios
Step 3 - Data Sources
Primary Research
- Web Analytics
- Survey Reports
- Research Institute
- Latest Research Reports
- Opinion Leaders
Secondary Research
- Annual Reports
- White Paper
- Latest Press Release
- Industry Association
- Paid Database
- Investor Presentations

Step 4 - Data Triangulation
Involves using different sources of information in order to increase the validity of a study
These sources are likely to be stakeholders in a program - participants, other researchers, program staff, other community members, and so on.
Then we put all data in single framework & apply various statistical tools to find out the dynamic on the market.
During the analysis stage, feedback from the stakeholder groups would be compared to determine areas of agreement as well as areas of divergence