Advanced Glass Market Insights and Growth by 2031
Advanced glasses are specialized grades of glass made from soda ash, natural gas, and silica sand. They are manufactured using advanced technologies and substances having superior properties such as resistant to UV rays, anti-graffiti, anti-shattering, durability, manifested glass for privacy, among others. It undergoes a specialized chemical and mechanical process to meet the needs of specific applications. Depending upon the composition and method of production, these glasses are classified into coated glass, laminated glass, ceramic glass, tempered glass, among others. Wide applications of these glasses in various sectors, such as building and construction, automotive, electronics, aerospace, and defense, are driving the growth of the market during the forecast period.
MARKET DYNAMICS
The electronics industry primarily drives the growth of the advanced glass market. It is used in the number of devices such as mobile, laptops, tablets, among others. Tempered glass is extensively used across these devices owing to its superior properties such as high electrical conductivity, durability, toughness, low breakability-ratio, etc. The surge in demand for portable devices such as radios and other silicon-based devices is further increasing the advanced market growth across the globe. Apart from this, the advanced glass is utilized in the automobile sector for mirrors, windscreen, and other auto parts. They offer high durability and strength, which helps to build a cost-effective vehicle. Thus, the rise in demand for value-added products among the automobile and electronics industries is propelling the growth of the market. However, high raw material prices resulting in high manufacturing cost is expected to hamper the growth of the market during the forecast period. Laminated, toughened, and reinforced glass is widely used in construction. Thus, the extensive growth of the building and construction industry in various regions, especially Asia-Pacific, is expected to provide new opportunities for the advanced glass market.
MARKET SCOPE
The "Global Advanced Glass Market Analysis to 2031" is a specialized and in-depth study of the chemicals and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of the advanced glass with detailed market segmentation by type, applictaion, end-use industry and geography. The global advanced glass market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading advanced glass market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global advanced glass market is segmented on the basis type, applictaion and end-use industry. On the basis of type the advanced glass market is segmented coated glass, laminated glass, ceramic glass, tempered glass and others. By application the advanced glass market is segmented high performance, solar control, safety and security, optics and lighting and others. By end-use industry the advanced glass market is segmented into building and construction, automotive, electronics, aerospace and defense, and others
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global advanced glass market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The advanced glass market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the advanced glass market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the advanced glass market in these regions.
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The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global advanced glass market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The advanced glass market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the advanced glass market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the advanced glass market in these regions.
MARKET PLAYERS
The reports cover key developments in the advanced glass market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market players from advanced glass market are anticipated to lucrative growth opportunities in the future with the rising demand for advanced glass in the global market. Below mentioned is the list of few companies engaged in the advanced glass market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the advanced glass market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- ASAHI GLASS CO., LTD.
- SAINT-GOBAIN
- ADVANCED GLASS AND MIRROR, INC.
- AMERICAN PRECISION GLASS CORP.
- NIPPON SHEET GLASS CO., LTD.
- CORNING INCORPORATED
- GUARDIAN INDUSTRIES
- SISECAM GROUP
- PACKERLAND GLASS PRODUCTS
- SCHOTT AG
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Advanced Glass Market - By Type
1.3.2 Advanced Glass Market - By Application
1.3.3 Advanced Glass Market - By End-Use Industry
1.3.4 Advanced Glass Market - By Region
1.3.4.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. ADVANCED GLASS MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PEST ANALYSIS
4.2.1 North America - Pest Analysis
4.2.2 Europe - Pest Analysis
4.2.3 Asia-Pacific - Pest Analysis
4.2.4 Middle East and Africa - Pest Analysis
4.2.5 South and Central America - Pest Analysis
4.3. EXPERT OPINIONS
5. ADVANCED GLASS MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS, RESTRAINTS & EXPECTED INFLUENCE OF COVID-19 PANDEMIC
6. ADVANCED GLASS MARKET - GLOBAL MARKET ANALYSIS
6.1. ADVANCED GLASS - GLOBAL MARKET OVERVIEW
6.2. ADVANCED GLASS - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. ADVANCED GLASS MARKET - REVENUE AND FORECASTS TO 2028 - TYPE
7.1. OVERVIEW
7.2. TYPE MARKET FORECASTS AND ANALYSIS
7.3. COATED GLASS
7.3.1. Overview
7.3.2. Coated Glass Market Forecast and Analysis
7.4. LAMINATED GLASS
7.4.1. Overview
7.4.2. Laminated Glass Market Forecast and Analysis
7.5. CERAMIC GLASS
7.5.1. Overview
7.5.2. Ceramic Glass Market Forecast and Analysis
7.6. TEMPERED GLASS
7.6.1. Overview
7.6.2. Tempered Glass Market Forecast and Analysis
7.7. OTHERS
7.7.1. Overview
7.7.2. Others Market Forecast and Analysis
8. ADVANCED GLASS MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
8.1. OVERVIEW
8.2. APPLICATION MARKET FORECASTS AND ANALYSIS
8.3. HIGH PERFORMANCE
8.3.1. Overview
8.3.2. High Performance Market Forecast and Analysis
8.4. SOLAR CONTROL
8.4.1. Overview
8.4.2. Solar Control Market Forecast and Analysis
8.5. SAFETY AND SECURITY
8.5.1. Overview
8.5.2. Safety and Security Market Forecast and Analysis
8.6. OPTICS AND LIGHTING
8.6.1. Overview
8.6.2. Optics and Lighting Market Forecast and Analysis
8.7. OTHERS
8.7.1. Overview
8.7.2. Others Market Forecast and Analysis
9. ADVANCED GLASS MARKET - REVENUE AND FORECASTS TO 2028 - END-USE INDUSTRY
9.1. OVERVIEW
9.2. END-USE INDUSTRY MARKET FORECASTS AND ANALYSIS
9.3. BUILDING AND CONSTRUCTION
9.3.1. Overview
9.3.2. Building and Construction Market Forecast and Analysis
9.4. AUTOMOTIVE
9.4.1. Overview
9.4.2. Automotive Market Forecast and Analysis
9.5. ELECTRONICS
9.5.1. Overview
9.5.2. Electronics Market Forecast and Analysis
9.6. AEROSPACE AND DEFENSE
9.6.1. Overview
9.6.2. Aerospace and Defense Market Forecast and Analysis
9.7. OTHERS
9.7.1. Overview
9.7.2. Others Market Forecast and Analysis
10. ADVANCED GLASS MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
10.1. NORTH AMERICA
10.1.1 North America Advanced Glass Market Overview
10.1.2 North America Advanced Glass Market Forecasts and Analysis
10.1.3 North America Advanced Glass Market Forecasts and Analysis - By Type
10.1.4 North America Advanced Glass Market Forecasts and Analysis - By Application
10.1.5 North America Advanced Glass Market Forecasts and Analysis - By End-Use Industry
10.1.6 North America Advanced Glass Market Forecasts and Analysis - By Countries
10.1.6.1 United States Advanced Glass Market
10.1.6.1.1 United States Advanced Glass Market by Type
10.1.6.1.2 United States Advanced Glass Market by Application
10.1.6.1.3 United States Advanced Glass Market by End-Use Industry
10.1.6.2 Canada Advanced Glass Market
10.1.6.2.1 Canada Advanced Glass Market by Type
10.1.6.2.2 Canada Advanced Glass Market by Application
10.1.6.2.3 Canada Advanced Glass Market by End-Use Industry
10.1.6.3 Mexico Advanced Glass Market
10.1.6.3.1 Mexico Advanced Glass Market by Type
10.1.6.3.2 Mexico Advanced Glass Market by Application
10.1.6.3.3 Mexico Advanced Glass Market by End-Use Industry
10.2. EUROPE
10.2.1 Europe Advanced Glass Market Overview
10.2.2 Europe Advanced Glass Market Forecasts and Analysis
10.2.3 Europe Advanced Glass Market Forecasts and Analysis - By Type
10.2.4 Europe Advanced Glass Market Forecasts and Analysis - By Application
10.2.5 Europe Advanced Glass Market Forecasts and Analysis - By End-Use Industry
10.2.6 Europe Advanced Glass Market Forecasts and Analysis - By Countries
10.2.6.1 Germany Advanced Glass Market
10.2.6.1.1 Germany Advanced Glass Market by Type
10.2.6.1.2 Germany Advanced Glass Market by Application
10.2.6.1.3 Germany Advanced Glass Market by End-Use Industry
10.2.6.2 France Advanced Glass Market
10.2.6.2.1 France Advanced Glass Market by Type
10.2.6.2.2 France Advanced Glass Market by Application
10.2.6.2.3 France Advanced Glass Market by End-Use Industry
10.2.6.3 Italy Advanced Glass Market
10.2.6.3.1 Italy Advanced Glass Market by Type
10.2.6.3.2 Italy Advanced Glass Market by Application
10.2.6.3.3 Italy Advanced Glass Market by End-Use Industry
10.2.6.4 United Kingdom Advanced Glass Market
10.2.6.4.1 United Kingdom Advanced Glass Market by Type
10.2.6.4.2 United Kingdom Advanced Glass Market by Application
10.2.6.4.3 United Kingdom Advanced Glass Market by End-Use Industry
10.2.6.5 Russia Advanced Glass Market
10.2.6.5.1 Russia Advanced Glass Market by Type
10.2.6.5.2 Russia Advanced Glass Market by Application
10.2.6.5.3 Russia Advanced Glass Market by End-Use Industry
10.2.6.6 Rest of Europe Advanced Glass Market
10.2.6.6.1 Rest of Europe Advanced Glass Market by Type
10.2.6.6.2 Rest of Europe Advanced Glass Market by Application
10.2.6.6.3 Rest of Europe Advanced Glass Market by End-Use Industry
10.3. ASIA-PACIFIC
10.3.1 Asia-Pacific Advanced Glass Market Overview
10.3.2 Asia-Pacific Advanced Glass Market Forecasts and Analysis
10.3.3 Asia-Pacific Advanced Glass Market Forecasts and Analysis - By Type
10.3.4 Asia-Pacific Advanced Glass Market Forecasts and Analysis - By Application
10.3.5 Asia-Pacific Advanced Glass Market Forecasts and Analysis - By End-Use Industry
10.3.6 Asia-Pacific Advanced Glass Market Forecasts and Analysis - By Countries
10.3.6.1 Australia Advanced Glass Market
10.3.6.1.1 Australia Advanced Glass Market by Type
10.3.6.1.2 Australia Advanced Glass Market by Application
10.3.6.1.3 Australia Advanced Glass Market by End-Use Industry
10.3.6.2 China Advanced Glass Market
10.3.6.2.1 China Advanced Glass Market by Type
10.3.6.2.2 China Advanced Glass Market by Application
10.3.6.2.3 China Advanced Glass Market by End-Use Industry
10.3.6.3 India Advanced Glass Market
10.3.6.3.1 India Advanced Glass Market by Type
10.3.6.3.2 India Advanced Glass Market by Application
10.3.6.3.3 India Advanced Glass Market by End-Use Industry
10.3.6.4 Japan Advanced Glass Market
10.3.6.4.1 Japan Advanced Glass Market by Type
10.3.6.4.2 Japan Advanced Glass Market by Application
10.3.6.4.3 Japan Advanced Glass Market by End-Use Industry
10.3.6.5 South Korea Advanced Glass Market
10.3.6.5.1 South Korea Advanced Glass Market by Type
10.3.6.5.2 South Korea Advanced Glass Market by Application
10.3.6.5.3 South Korea Advanced Glass Market by End-Use Industry
10.3.6.6 Rest of Asia-Pacific Advanced Glass Market
10.3.6.6.1 Rest of Asia-Pacific Advanced Glass Market by Type
10.3.6.6.2 Rest of Asia-Pacific Advanced Glass Market by Application
10.3.6.6.3 Rest of Asia-Pacific Advanced Glass Market by End-Use Industry
10.4. MIDDLE EAST AND AFRICA
10.4.1 Middle East and Africa Advanced Glass Market Overview
10.4.2 Middle East and Africa Advanced Glass Market Forecasts and Analysis
10.4.3 Middle East and Africa Advanced Glass Market Forecasts and Analysis - By Type
10.4.4 Middle East and Africa Advanced Glass Market Forecasts and Analysis - By Application
10.4.5 Middle East and Africa Advanced Glass Market Forecasts and Analysis - By End-Use Industry
10.4.6 Middle East and Africa Advanced Glass Market Forecasts and Analysis - By Countries
10.4.6.1 South Africa Advanced Glass Market
10.4.6.1.1 South Africa Advanced Glass Market by Type
10.4.6.1.2 South Africa Advanced Glass Market by Application
10.4.6.1.3 South Africa Advanced Glass Market by End-Use Industry
10.4.6.2 Saudi Arabia Advanced Glass Market
10.4.6.2.1 Saudi Arabia Advanced Glass Market by Type
10.4.6.2.2 Saudi Arabia Advanced Glass Market by Application
10.4.6.2.3 Saudi Arabia Advanced Glass Market by End-Use Industry
10.4.6.3 U.A.E Advanced Glass Market
10.4.6.3.1 U.A.E Advanced Glass Market by Type
10.4.6.3.2 U.A.E Advanced Glass Market by Application
10.4.6.3.3 U.A.E Advanced Glass Market by End-Use Industry
10.4.6.4 Rest of Middle East and Africa Advanced Glass Market
10.4.6.4.1 Rest of Middle East and Africa Advanced Glass Market by Type
10.4.6.4.2 Rest of Middle East and Africa Advanced Glass Market by Application
10.4.6.4.3 Rest of Middle East and Africa Advanced Glass Market by End-Use Industry
10.5. SOUTH AND CENTRAL AMERICA
10.5.1 South and Central America Advanced Glass Market Overview
10.5.2 South and Central America Advanced Glass Market Forecasts and Analysis
10.5.3 South and Central America Advanced Glass Market Forecasts and Analysis - By Type
10.5.4 South and Central America Advanced Glass Market Forecasts and Analysis - By Application
10.5.5 South and Central America Advanced Glass Market Forecasts and Analysis - By End-Use Industry
10.5.6 South and Central America Advanced Glass Market Forecasts and Analysis - By Countries
10.5.6.1 Brazil Advanced Glass Market
10.5.6.1.1 Brazil Advanced Glass Market by Type
10.5.6.1.2 Brazil Advanced Glass Market by Application
10.5.6.1.3 Brazil Advanced Glass Market by End-Use Industry
10.5.6.2 Argentina Advanced Glass Market
10.5.6.2.1 Argentina Advanced Glass Market by Type
10.5.6.2.2 Argentina Advanced Glass Market by Application
10.5.6.2.3 Argentina Advanced Glass Market by End-Use Industry
10.5.6.3 Rest of South and Central America Advanced Glass Market
10.5.6.3.1 Rest of South and Central America Advanced Glass Market by Type
10.5.6.3.2 Rest of South and Central America Advanced Glass Market by Application
10.5.6.3.3 Rest of South and Central America Advanced Glass Market by End-Use Industry
11. INDUSTRY LANDSCAPE
11.1. MERGERS AND ACQUISITIONS
11.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
11.3. NEW PRODUCT LAUNCHES
11.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
12. ADVANCED GLASS MARKET, KEY COMPANY PROFILES
12.1. ASAHI GLASS CO., LTD.
12.1.1. Key Facts
12.1.2. Business Description
12.1.3. Products and Services
12.1.4. Financial Overview
12.1.5. SWOT Analysis
12.1.6. Key Developments
12.2. SAINT-GOBAIN
12.2.1. Key Facts
12.2.2. Business Description
12.2.3. Products and Services
12.2.4. Financial Overview
12.2.5. SWOT Analysis
12.2.6. Key Developments
12.3. ADVANCED GLASS AND MIRROR, INC.
12.3.1. Key Facts
12.3.2. Business Description
12.3.3. Products and Services
12.3.4. Financial Overview
12.3.5. SWOT Analysis
12.3.6. Key Developments
12.4. AMERICAN PRECISION GLASS CORP.
12.4.1. Key Facts
12.4.2. Business Description
12.4.3. Products and Services
12.4.4. Financial Overview
12.4.5. SWOT Analysis
12.4.6. Key Developments
12.5. NIPPON SHEET GLASS CO., LTD.
12.5.1. Key Facts
12.5.2. Business Description
12.5.3. Products and Services
12.5.4. Financial Overview
12.5.5. SWOT Analysis
12.5.6. Key Developments
12.6. CORNING INCORPORATED
12.6.1. Key Facts
12.6.2. Business Description
12.6.3. Products and Services
12.6.4. Financial Overview
12.6.5. SWOT Analysis
12.6.6. Key Developments
12.7. GUARDIAN INDUSTRIES
12.7.1. Key Facts
12.7.2. Business Description
12.7.3. Products and Services
12.7.4. Financial Overview
12.7.5. SWOT Analysis
12.7.6. Key Developments
12.8. SISECAM GROUP
12.8.1. Key Facts
12.8.2. Business Description
12.8.3. Products and Services
12.8.4. Financial Overview
12.8.5. SWOT Analysis
12.8.6. Key Developments
12.9. PACKERLAND GLASS PRODUCTS
12.9.1. Key Facts
12.9.2. Business Description
12.9.3. Products and Services
12.9.4. Financial Overview
12.9.5. SWOT Analysis
12.9.6. Key Developments
12.10. SCHOTT AG
12.10.1. Key Facts
12.10.2. Business Description
12.10.3. Products and Services
12.10.4. Financial Overview
12.10.5. SWOT Analysis
12.10.6. Key Developments
13. APPENDIX
13.1. ABOUT THE INSIGHT PARTNERS
13.2. GLOSSARY OF TERMS
1. Asahi Glass Co., Ltd.
2. Saint-Gobain
3. ADVANCED GLASS and MIRROR, INC.
4. American Precision Glass Corp.
5. Nippon Sheet Glass Co., Ltd.
6. Corning Incorporated
7. Guardian Industries
8. SISECAM GROUP
9. Packerland Glass Products
10. Schott AG
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.