Airport Surveillance Market Insights and Growth by 2031
Surveillance at airports involves the use of various equipment that are used to protect travelers, personnel and aircraft from disruptive acts, threats and abuse. It also helps avoid accidents such as explosions, skyjackings and others. The equipment used for airport surveillance include hardware components such as video camera, thermal camera, RADARs, sensors, and advanced security fencing. Additionally, surveillance involves the use of software solutions including video management software, air traffic management system, intrusion detection software, and more. These surveillance systems are also important to prevent the loss of assets and business interruption. The rise in the air passenger year by year is expected to drive the airport surveillance market.
MARKET SCOPE
The "Global Airport Surveillance Market Analysis to 2031" is a specialized and in-depth study of the Airport Surveillance market with a special focus on the global market trend analysis. The report aims to provide an overview of Airport Surveillance market with detailed market segmentation product, end users, and geography. The global Airport Surveillance market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading Airport Surveillance market players and offers key trends and opportunities in the Airport Surveillance market.
MARKET SEGMENTATION
- On the basis of component, the market is segmented as Hardware (Video Camera, Thermal Camera, RADAR, Sensors, Advanced Security Fencing, Others) and Software (Video Management Software, Air Traffic Management System, Intrusion Detection Software).
- Based on Airport Type, the market is bifurcated into Civil Airport and Military Air Base.
- On the basis of Application Area, the market is segmented into Outdoor (Perimeter, Tarmac, Terminal Areas, Runways, Parking, Hangar) and Indoor (Check-Ins, Security Areas, Baggage, Others).
MARKET DYNAMICS
Drivers:
- Mounting technological advancement, growing need for advanced navigation and surveillance technologies
- Upgraded technology for heavy data storage and operational efficiency across various region, coupled with development of software solutions for optimized surveillance
- Rise in demand for advanced surveillance systems
Restraint -
- Stringent safety regulations and Susceptibility of FMS to Cyber-Attacks
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global airport security systems market based on various segments. It also provides market size and forecast estimates from 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 Airport Surveillance market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting airport security systems market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive Porter's five forces analysis highlighting factors affecting the Airport Surveillance market in these regions.
IMPACT OF COVID-19 ON AIRPORT SURVEILLANCE MARKET
The COVID-19 pandemic has led to one of the biggest challenges to the sustainability of the aviation industry at the global level. There is a tremendous shift in the airport operations and several other passenger processing changes due to the fast-spreading nature of this disease. The aviation industry, particularly the airport sector, is focusing on providing the passenger a different quality level of service in comparison to the previous norms. There is a steep fall in demand for air transport as a result of the cross-border travel restrictions imposed by governments to restrict the virus's transmission. According to IATA, flights are categorized into three levels: (1) high-risk flights, (2) medium-risk flights, and (3) low-risk flights, and differentiated prevention and control measures are applied after a comprehensive evaluation of the outbreak at the place of origin of the flights. The present restrictions on visitors in the US, has been lifted on Nov. 8, only for fully vaccinated travelers from China, Iran, Europe's Schengen Area, the United Kingdom, the Republic of Ireland, Brazil, South Africa and India. Thus, the airport management is bound to be more proactive and capable of implementing surveillance systems to ensure the passengers safe and healthy air travel. Further, security equipment is an essential requirement at military airports and at all times in civil airports as well. Therefore, the impact of COVID-19 on Airport Surveillance market is neutral.
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- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
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The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global airport security systems market based on various segments. It also provides market size and forecast estimates from 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 Airport Surveillance market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting airport security systems market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive Porter's five forces analysis highlighting factors affecting the Airport Surveillance market in these regions.
IMPACT OF COVID-19 ON AIRPORT SURVEILLANCE MARKET
The COVID-19 pandemic has led to one of the biggest challenges to the sustainability of the aviation industry at the global level. There is a tremendous shift in the airport operations and several other passenger processing changes due to the fast-spreading nature of this disease. The aviation industry, particularly the airport sector, is focusing on providing the passenger a different quality level of service in comparison to the previous norms. There is a steep fall in demand for air transport as a result of the cross-border travel restrictions imposed by governments to restrict the virus's transmission. According to IATA, flights are categorized into three levels: (1) high-risk flights, (2) medium-risk flights, and (3) low-risk flights, and differentiated prevention and control measures are applied after a comprehensive evaluation of the outbreak at the place of origin of the flights. The present restrictions on visitors in the US, has been lifted on Nov. 8, only for fully vaccinated travelers from China, Iran, Europe's Schengen Area, the United Kingdom, the Republic of Ireland, Brazil, South Africa and India. Thus, the airport management is bound to be more proactive and capable of implementing surveillance systems to ensure the passengers safe and healthy air travel. Further, security equipment is an essential requirement at military airports and at all times in civil airports as well. Therefore, the impact of COVID-19 on Airport Surveillance market is neutral.
MARKET PLAYERS
The reports cover key developments in the Airport Surveillance 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 expansion of business and customer base of market players. The market players from Airport Surveillance market are anticipated to lucrative growth opportunities in the future with the rising demand for Airport Surveillance market. Below mentioned is the list of few companies engaged in the Airport Surveillance market.
The report also includes the profiles of key Airport Surveillance market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
- Bosch Sicherheitssysteme GmbH
- Dallmeier Electronic
- Elbit Systems Ltd.
- OPTEX CO., LTD.
- Optiview, Inc.
- Teledyne FLIR LLC
- The Infinova Group
- TTP plc
- Viseum UK Group
- Wipro Limited
- 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 Airport Surveillance Market - By Component
1.3.2 Airport Surveillance Market - By Airport Type
1.3.3 Airport Surveillance Market - By Application Area
1.3.4 Airport Surveillance Market - By Region
1.3.4.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. AIRPORT SURVEILLANCE MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PORTER'S FIVE FORCES ANALYSIS
4.2.1 Bargaining Power of Buyers
4.2.1 Bargaining Power of Suppliers
4.2.1 Threat of Substitute
4.2.1 Threat of New Entrants
4.2.1 Competitive Rivalry
4.3. ECOSYSTEM ANALYSIS
4.4. EXPERT OPINIONS
5. AIRPORT SURVEILLANCE 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 AND RESTRAINTS
6. AIRPORT SURVEILLANCE MARKET - GLOBAL MARKET ANALYSIS
6.1. AIRPORT SURVEILLANCE - GLOBAL MARKET OVERVIEW
6.2. AIRPORT SURVEILLANCE - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. AIRPORT SURVEILLANCE MARKET - REVENUE AND FORECASTS TO 2028 - COMPONENT
7.1. OVERVIEW
7.2. COMPONENT MARKET FORECASTS AND ANALYSIS
7.3. HARDWARE
7.3.1. Overview
7.3.2. Hardware Market Forecast and Analysis
7.3.3. Video Camera Market
7.3.3.1. Overview
7.3.3.2. Video Camera Market Forecast and Analysis
7.3.4. Thermal Camera Market
7.3.4.1. Overview
7.3.4.2. Thermal Camera Market Forecast and Analysis
7.3.5. RADAR Market
7.3.5.1. Overview
7.3.5.2. RADAR Market Forecast and Analysis
7.3.6. Sensors Market
7.3.6.1. Overview
7.3.6.2. Sensors Market Forecast and Analysis
7.3.7. Advanced Security Fencing Market
7.3.7.1. Overview
7.3.7.2. Advanced Security Fencing Market Forecast and Analysis
7.3.8. Others Market
7.3.8.1. Overview
7.3.8.2. Others Market Forecast and Analysis
7.4. SOFTWARE
7.4.1. Overview
7.4.2. Software Market Forecast and Analysis
7.4.3. Video Management Software Market
7.4.3.1. Overview
7.4.3.2. Video Management Software Market Forecast and Analysis
7.4.4. Air Traffic Management System Market
7.4.4.1. Overview
7.4.4.2. Air Traffic Management System Market Forecast and Analysis
7.4.5. Intrusion Detection Software Market
7.4.5.1. Overview
7.4.5.2. Intrusion Detection Software Market Forecast and Analysis
8. AIRPORT SURVEILLANCE MARKET - REVENUE AND FORECASTS TO 2028 - AIRPORT TYPE
8.1. OVERVIEW
8.2. AIRPORT TYPE MARKET FORECASTS AND ANALYSIS
8.3. CIVIL AIRPORT
8.3.1. Overview
8.3.2. Civil Airport Market Forecast and Analysis
8.4. MILITARY AIR BASE
8.4.1. Overview
8.4.2. Military Air Base Market Forecast and Analysis
9. AIRPORT SURVEILLANCE MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION AREA
9.1. OVERVIEW
9.2. APPLICATION AREA MARKET FORECASTS AND ANALYSIS
9.3. OUTDOOR
9.3.1. Overview
9.3.2. Outdoor Market Forecast and Analysis
9.3.3. Perimeter Market
9.3.3.1. Overview
9.3.3.2. Perimeter Market Forecast and Analysis
9.3.4. Tarmac Market
9.3.4.1. Overview
9.3.4.2. Tarmac Market Forecast and Analysis
9.3.5. Terminal Areas Market
9.3.5.1. Overview
9.3.5.2. Terminal Areas Market Forecast and Analysis
9.3.6. Runways Market
9.3.6.1. Overview
9.3.6.2. Runways Market Forecast and Analysis
9.3.7. Parking Market
9.3.7.1. Overview
9.3.7.2. Parking Market Forecast and Analysis
9.3.8. Hangar Market
9.3.8.1. Overview
9.3.8.2. Hangar Market Forecast and Analysis
9.4. INDOOR
9.4.1. Overview
9.4.2. Indoor Market Forecast and Analysis
9.4.3. Check-Ins Market
9.4.3.1. Overview
9.4.3.2. Check-Ins Market Forecast and Analysis
9.4.4. Security Areas Market
9.4.4.1. Overview
9.4.4.2. Security Areas Market Forecast and Analysis
9.4.5. Baggage Market
9.4.5.1. Overview
9.4.5.2. Baggage Market Forecast and Analysis
9.4.6. Others Market
9.4.6.1. Overview
9.4.6.2. Others Market Forecast and Analysis
10. AIRPORT SURVEILLANCE MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
10.1. NORTH AMERICA
10.1.1 North America Airport Surveillance Market Overview
10.1.2 North America Airport Surveillance Market Forecasts and Analysis
10.1.3 North America Airport Surveillance Market Forecasts and Analysis - By Component
10.1.4 North America Airport Surveillance Market Forecasts and Analysis - By Airport Type
10.1.5 North America Airport Surveillance Market Forecasts and Analysis - By Application Area
10.1.6 North America Airport Surveillance Market Forecasts and Analysis - By Countries
10.1.6.1 United States Airport Surveillance Market
10.1.6.1.1 United States Airport Surveillance Market by Component
10.1.6.1.2 United States Airport Surveillance Market by Airport Type
10.1.6.1.3 United States Airport Surveillance Market by Application Area
10.1.6.2 Canada Airport Surveillance Market
10.1.6.2.1 Canada Airport Surveillance Market by Component
10.1.6.2.2 Canada Airport Surveillance Market by Airport Type
10.1.6.2.3 Canada Airport Surveillance Market by Application Area
10.1.6.3 Mexico Airport Surveillance Market
10.1.6.3.1 Mexico Airport Surveillance Market by Component
10.1.6.3.2 Mexico Airport Surveillance Market by Airport Type
10.1.6.3.3 Mexico Airport Surveillance Market by Application Area
10.2. EUROPE
10.2.1 Europe Airport Surveillance Market Overview
10.2.2 Europe Airport Surveillance Market Forecasts and Analysis
10.2.3 Europe Airport Surveillance Market Forecasts and Analysis - By Component
10.2.4 Europe Airport Surveillance Market Forecasts and Analysis - By Airport Type
10.2.5 Europe Airport Surveillance Market Forecasts and Analysis - By Application Area
10.2.6 Europe Airport Surveillance Market Forecasts and Analysis - By Countries
10.2.6.1 Germany Airport Surveillance Market
10.2.6.1.1 Germany Airport Surveillance Market by Component
10.2.6.1.2 Germany Airport Surveillance Market by Airport Type
10.2.6.1.3 Germany Airport Surveillance Market by Application Area
10.2.6.2 France Airport Surveillance Market
10.2.6.2.1 France Airport Surveillance Market by Component
10.2.6.2.2 France Airport Surveillance Market by Airport Type
10.2.6.2.3 France Airport Surveillance Market by Application Area
10.2.6.3 Italy Airport Surveillance Market
10.2.6.3.1 Italy Airport Surveillance Market by Component
10.2.6.3.2 Italy Airport Surveillance Market by Airport Type
10.2.6.3.3 Italy Airport Surveillance Market by Application Area
10.2.6.4 United Kingdom Airport Surveillance Market
10.2.6.4.1 United Kingdom Airport Surveillance Market by Component
10.2.6.4.2 United Kingdom Airport Surveillance Market by Airport Type
10.2.6.4.3 United Kingdom Airport Surveillance Market by Application Area
10.2.6.5 Russia Airport Surveillance Market
10.2.6.5.1 Russia Airport Surveillance Market by Component
10.2.6.5.2 Russia Airport Surveillance Market by Airport Type
10.2.6.5.3 Russia Airport Surveillance Market by Application Area
10.2.6.6 Rest of Europe Airport Surveillance Market
10.2.6.6.1 Rest of Europe Airport Surveillance Market by Component
10.2.6.6.2 Rest of Europe Airport Surveillance Market by Airport Type
10.2.6.6.3 Rest of Europe Airport Surveillance Market by Application Area
10.3. ASIA-PACIFIC
10.3.1 Asia-Pacific Airport Surveillance Market Overview
10.3.2 Asia-Pacific Airport Surveillance Market Forecasts and Analysis
10.3.3 Asia-Pacific Airport Surveillance Market Forecasts and Analysis - By Component
10.3.4 Asia-Pacific Airport Surveillance Market Forecasts and Analysis - By Airport Type
10.3.5 Asia-Pacific Airport Surveillance Market Forecasts and Analysis - By Application Area
10.3.6 Asia-Pacific Airport Surveillance Market Forecasts and Analysis - By Countries
10.3.6.1 Australia Airport Surveillance Market
10.3.6.1.1 Australia Airport Surveillance Market by Component
10.3.6.1.2 Australia Airport Surveillance Market by Airport Type
10.3.6.1.3 Australia Airport Surveillance Market by Application Area
10.3.6.2 China Airport Surveillance Market
10.3.6.2.1 China Airport Surveillance Market by Component
10.3.6.2.2 China Airport Surveillance Market by Airport Type
10.3.6.2.3 China Airport Surveillance Market by Application Area
10.3.6.3 India Airport Surveillance Market
10.3.6.3.1 India Airport Surveillance Market by Component
10.3.6.3.2 India Airport Surveillance Market by Airport Type
10.3.6.3.3 India Airport Surveillance Market by Application Area
10.3.6.4 Japan Airport Surveillance Market
10.3.6.4.1 Japan Airport Surveillance Market by Component
10.3.6.4.2 Japan Airport Surveillance Market by Airport Type
10.3.6.4.3 Japan Airport Surveillance Market by Application Area
10.3.6.5 South Korea Airport Surveillance Market
10.3.6.5.1 South Korea Airport Surveillance Market by Component
10.3.6.5.2 South Korea Airport Surveillance Market by Airport Type
10.3.6.5.3 South Korea Airport Surveillance Market by Application Area
10.3.6.6 Rest of Asia-Pacific Airport Surveillance Market
10.3.6.6.1 Rest of Asia-Pacific Airport Surveillance Market by Component
10.3.6.6.2 Rest of Asia-Pacific Airport Surveillance Market by Airport Type
10.3.6.6.3 Rest of Asia-Pacific Airport Surveillance Market by Application Area
10.4. MIDDLE EAST AND AFRICA
10.4.1 Middle East and Africa Airport Surveillance Market Overview
10.4.2 Middle East and Africa Airport Surveillance Market Forecasts and Analysis
10.4.3 Middle East and Africa Airport Surveillance Market Forecasts and Analysis - By Component
10.4.4 Middle East and Africa Airport Surveillance Market Forecasts and Analysis - By Airport Type
10.4.5 Middle East and Africa Airport Surveillance Market Forecasts and Analysis - By Application Area
10.4.6 Middle East and Africa Airport Surveillance Market Forecasts and Analysis - By Countries
10.4.6.1 South Africa Airport Surveillance Market
10.4.6.1.1 South Africa Airport Surveillance Market by Component
10.4.6.1.2 South Africa Airport Surveillance Market by Airport Type
10.4.6.1.3 South Africa Airport Surveillance Market by Application Area
10.4.6.2 Saudi Arabia Airport Surveillance Market
10.4.6.2.1 Saudi Arabia Airport Surveillance Market by Component
10.4.6.2.2 Saudi Arabia Airport Surveillance Market by Airport Type
10.4.6.2.3 Saudi Arabia Airport Surveillance Market by Application Area
10.4.6.3 U.A.E Airport Surveillance Market
10.4.6.3.1 U.A.E Airport Surveillance Market by Component
10.4.6.3.2 U.A.E Airport Surveillance Market by Airport Type
10.4.6.3.3 U.A.E Airport Surveillance Market by Application Area
10.4.6.4 Rest of Middle East and Africa Airport Surveillance Market
10.4.6.4.1 Rest of Middle East and Africa Airport Surveillance Market by Component
10.4.6.4.2 Rest of Middle East and Africa Airport Surveillance Market by Airport Type
10.4.6.4.3 Rest of Middle East and Africa Airport Surveillance Market by Application Area
10.5. SOUTH AND CENTRAL AMERICA
10.5.1 South and Central America Airport Surveillance Market Overview
10.5.2 South and Central America Airport Surveillance Market Forecasts and Analysis
10.5.3 South and Central America Airport Surveillance Market Forecasts and Analysis - By Component
10.5.4 South and Central America Airport Surveillance Market Forecasts and Analysis - By Airport Type
10.5.5 South and Central America Airport Surveillance Market Forecasts and Analysis - By Application Area
10.5.6 South and Central America Airport Surveillance Market Forecasts and Analysis - By Countries
10.5.6.1 Brazil Airport Surveillance Market
10.5.6.1.1 Brazil Airport Surveillance Market by Component
10.5.6.1.2 Brazil Airport Surveillance Market by Airport Type
10.5.6.1.3 Brazil Airport Surveillance Market by Application Area
10.5.6.2 Argentina Airport Surveillance Market
10.5.6.2.1 Argentina Airport Surveillance Market by Component
10.5.6.2.2 Argentina Airport Surveillance Market by Airport Type
10.5.6.2.3 Argentina Airport Surveillance Market by Application Area
10.5.6.3 Rest of South and Central America Airport Surveillance Market
10.5.6.3.1 Rest of South and Central America Airport Surveillance Market by Component
10.5.6.3.2 Rest of South and Central America Airport Surveillance Market by Airport Type
10.5.6.3.3 Rest of South and Central America Airport Surveillance Market by Application Area
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. AIRPORT SURVEILLANCE MARKET, KEY COMPANY PROFILES
12.1. BOSCH SICHERHEITSSYSTEME GMBH
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. DALLMEIER ELECTRONIC
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. ELBIT SYSTEMS LTD.
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. OPTEX CO., LTD.
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. OPTIVIEW, INC.
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. TELEDYNE FLIR LLC
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. THE INFINOVA GROUP
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. TTP PLC
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. VISEUM UK GROUP
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. WIPRO LIMITED
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.Bosch Sicherheitssysteme GmbH
2.Dallmeier Electronic
3.Elbit Systems Ltd.
4.OPTEX CO., LTD.
5.Optiview, Inc.
6.Teledyne FLIR LLC
7.The Infinova Group
8.TTP plc
9.Viseum UK Group
10.Wipro Limited
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.
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