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The 2007-2012 World Outlook for Inspection, Quality Control, Tool Room, and Machinists Precision Measuring Tools - Product Image

The 2007-2012 World Outlook for Inspection, Quality Control, Tool Room, and Machinists Precision Measuring Tools

  • Published: May 2006
  • Region: Global
  • 196 pages
  • ICON Group International

WHAT IS LATENT DEMAND AND THE P.I.E.?

The concept of latent demand is rather subtle. The term latent typically refers to something that is dormant, not observable, or not yet realized. Demand is the notion of an economic quantity that a target population or market requires under different assumptions of price, quality, and distribution, among other factors. Latent demand, therefore, is commonly defined by economists as the industry earnings of a market when that market becomes accessible and attractive to serve by competing firms. It is a measure, therefore, of potential industry earnings (P.I.E.) or total revenues (not profit) if a market is served in an efficient manner. It is typically expressed as the total revenues potentially extracted by firms. The “market” is defined at a given level in the value chain. There can be latent demand at the retail level, at the wholesale level, the manufacturing level, and the raw materials level (the P.I.E. of higher levels of the value chain being always smaller than the P.I.E. of levels at lower levels of the same value chain, assuming all levels maintain minimum profitability).

The latent demand for inspection, quality READ MORE >

1 INTRODUCTION 10
1.1 Overview 10
1.2 What is Latent Demand and the P.I.E.? 10
1.3 The Methodology 11
1.3.1 Step 1. Product Definition and Data Collection 12
1.3.2 Step 2. Filtering and Smoothing 14
1.3.3 Step 3. Filling in Missing Values 14
1.3.4 Step 4. Varying Parameter, Non-linear Estimation 15
1.3.5 Step 5. Fixed-Parameter Linear Estimation 15
1.3.6 Step 6. Aggregation and Benchmarking 16
1.3.7 Step 7. Latent Demand Density: Allocating Across Cities 16
2 SUMMARY OF FINDINGS 17
2.1 The Worldwide Market Potential 17
3 AFRICA, EUROPE & THE MIDDLE EAST 19
3.1 Executive Summary 19
3.2 Afghanistan 20
3.3 Albania 21
3.4 Algeria 22
3.5 Andorra 23
3.6 Angola 24
3.7 Armenia 24
3.8 Austria 25
3.9 Azerbaijan 26
3.10 Bahrain 27
3.11 Belarus 28
3.12 Belgium 29
3.13 Benin 30
3.14 Bosnia and Herzegovina 30
3.15 Botswana 31
3.16 Bulgaria 32
3.17 Burkina Faso 33
3.18 Burundi 34
3.19 Cameroon 34
3.20 Cape Verde 35
3.21 Central African Republic 36
3.22 Chad 36
3.23 Comoros 37
3.24 Congo (formerly Zaire) 38
3.25 Cote dIvoire 39
3.26 Croatia 40
3.27 Cyprus 41
3.28 Czech Republic 41
3.29 Denmark 42
3.30 Djibouti 43
3.31 Egypt 44
3.32 Equatorial Guinea 45
3.33 Estonia 45
3.34 Ethiopia 46
3.35 Finland 47
3.36 France 48
3.37 Gabon 49
3.38 Georgia 49
3.39 Germany 50
3.40 Ghana 51
3.41 Greece 52
3.42 Guinea 53
3.43 Guinea-Bissau 53
3.44 Hungary 54
3.45 Iceland 55
3.46 Iran 56
3.47 Iraq 57
3.48 Ireland 58
3.49 Israel 58
3.50 Italy 59
3.51 Jordan 60
3.52 Kazakhstan 61
3.53 Kenya 62
3.54 Kuwait 63
3.55 Kyrgyzstan 64
3.56 Latvia 64
3.57 Lebanon 65
3.58 Lesotho 66
3.59 Liberia 66
3.60 Libya 67
3.61 Liechtenstein 68
3.62 Lithuania 68
3.63 Luxembourg 69
3.64 Madagascar 70
3.65 Malawi 70
3.66 Mali 71
3.67 Malta 72
3.68 Mauritania 72
3.69 Mauritius 73
3.70 Moldova 74
3.71 Monaco 74
3.72 Morocco 75
3.73 Mozambique 76
3.74 Namibia 76
3.75 Netherlands 77
3.76 Niger 78
3.77 Nigeria 78
3.78 Norway 79
3.79 Oman 80
3.80 Pakistan 81
3.81 Palestine 82
3.82 Poland 82
3.83 Portugal 83
3.84 Qatar 84
3.85 Republic of Congo 85
3.86 Reunion 85
3.87 Romania 86
3.88 Russia 87
3.89 Rwanda 88
3.90 San Marino 88
3.91 Sao Tome E Principe 89
3.92 Saudi Arabia 90
3.93 Senegal 91
3.94 Sierra Leone 91
3.95 Slovakia 92
3.96 Slovenia 93
3.97 Somalia 93
3.98 South Africa 94
3.99 Spain 95
3.100 Sudan 96
3.101 Swaziland 97
3.102 Sweden 98
3.103 Switzerland 99
3.104 Syrian Arab Republic 100
3.105 Tajikistan 101
3.106 Tanzania 101
3.107 The Gambia 102
3.108 Togo 103
3.109 Tunisia 104
3.110 Turkey 105
3.111 Turkmenistan 106
3.112 Uganda 106
3.113 Ukraine 107
3.114 United Arab Emirates 108
3.115 United Kingdom 109
3.116 Uzbekistan 110
3.117 Western Sahara 111
3.118 Yemen 111
3.119 Zambia 112
3.120 Zimbabwe 113
4 ASIA 114
4.1 Executive Summary 114
4.2 Bangladesh 115
4.3 Bhutan 116
4.4 Brunei 117
4.5 Burma 118
4.6 Cambodia 119
4.7 China 119
4.8 Hong Kong 120
4.9 India 121
4.10 Indonesia 122
4.11 Japan 123
4.12 Laos 124
4.13 Macau 124
4.14 Malaysia 125
4.15 Maldives 126
4.16 Mongolia 127
4.17 Nepal 127
4.18 North Korea 128
4.19 Papua New Guinea 129
4.20 Philippines 129
4.21 Seychelles 130
4.22 Singapore 131
4.23 South Korea 132
4.24 Sri Lanka 133
4.25 Taiwan 134
4.26 Thailand 135
4.27 Vietnam 136
5 LATIN AMERICA 137
5.1 Executive Summary 137
5.2 Argentina 138
5.3 Belize 139
5.4 Bolivia 140
5.5 Brazil 141
5.6 Chile 142
5.7 Colombia 143
5.8 Costa Rica 144
5.9 Ecuador 144
5.10 El Salvador 145
5.11 Falkland Islands 146
5.12 French Guiana 146
5.13 Guatemala 147
5.14 Guyana 148
5.15 Honduras 148
5.16 Mexico 149
5.17 Nicaragua 150
5.18 Panama 151
5.19 Paraguay 152
5.20 Peru 153
5.21 Suriname 154
5.22 Uruguay 154
5.23 Venezuela 155
6 NORTH AMERICA & THE CARIBBEAN 157
6.1 Executive Summary 157
6.2 Antigua and Barbuda 158
6.3 Aruba 159
6.4 Bahamas 160
6.5 Barbados 160
6.6 Bermuda 161
6.7 British Virgin Islands 162
6.8 Canada 162
6.9 Cayman Islands 163
6.10 Cuba 164
6.11 Dominica 165
6.12 Dominican Republic 165
6.13 Greenland 166
6.14 Grenada 167
6.15 Guadeloupe 168
6.16 Haiti 169
6.17 Jamaica 169
6.18 Martinique 170
6.19 Netherlands Antilles 171
6.20 Puerto Rico 171
6.21 St. Kitts and Nevis 172
6.22 St. Lucia 173
6.23 St. Vincent and the Grenadines 173
6.24 Trinidad and Tobago 174
6.25 United States 175
6.26 Virgin Islands, US 176
7 OCEANA 177
7.1 Executive Summary 177
7.2 American Samoa 178
7.3 Australia 179
7.4 Christmas Island 180
7.5 Cook Islands 180
7.6 Fiji 181
7.7 French Polynesia 182
7.8 Guam 182
7.9 Kiribati 183
7.10 Marshall Islands 184
7.11 Micronesia Federation 184
7.12 Nauru 185
7.13 New Caledonia 186
7.14 New Zealand 186
7.15 Niue 187
7.16 Norfolk Island 188
7.17 Northern Mariana Island 188
7.18 Palau 189
7.19 Solomon Islands 190
7.20 Tokelau 190
7.21 Tonga 191
7.22 Tuvalu 192
7.23 Vanuatu 192
7.24 Wallis and Futuna 193
7.25 Western Samoa 194
8 DISCLAIMERS, WARRANTEES, AND USER AGREEMENT PROVISIONS 195
8.1 Disclaimers & Safe Harbor 195
8.2 User Agreement Provisions 196

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