The Automotive Collision Avoidance Systems Market is expected to register a CAGR of 10.5% from 2025 to 2031, with a market size expanding from US$ XX million in 2024 to US$ XX Million by 2031.
The report is segmented by Type (Adaptive Cruise Control, Autonomous Emergency Braking (AEB), Blind Spot Detection, Lane Departure Warning, Others); Technology (Radar, LIDAR, Camera, Others); Vehicle Type (Passenger Car, Commercial Vehicle, Electric Vehicle), The global analysis is further broken-down at regional level and major countries. The Report Offers the Value in USD for the above analysis and segments.
Purpose of the ReportThe report Automotive Collision Avoidance Systems Market by The Insight Partners aims to describe the present landscape and future growth, top driving factors, challenges, and opportunities. This will provide insights to various business stakeholders, such as:
- Technology Providers/Manufacturers: To understand the evolving market dynamics and know the potential growth opportunities, enabling them to make informed strategic decisions.
- Investors: To conduct a comprehensive trend analysis regarding the market growth rate, market financial projections, and opportunities that exist across the value chain.
- Regulatory bodies: To regulate policies and police activities in the market with the aim of minimizing abuse, preserving investor trust and confidence, and upholding the integrity and stability of the market.
Automotive Collision Avoidance Systems Market Segmentation
Type- Adaptive Cruise Control
- Autonomous Emergency Braking
- Blind Spot Detection
- Lane Departure Warning
- Others
- Radar
- LIDAR
- Camera
- Others
- Passenger Car
- Commercial Vehicle
- Electric Vehicle
- North America
- Europe
- Asia-Pacific
- South and Central America
- Middle East and Africa
Strategic Insights
Automotive Collision Avoidance Systems Market Growth Drivers- Increased Consumer Awareness: As more and more consumers are getting aware of the safety features of vehicles, the demand for sophisticated safety technologies such as collision avoidance systems is also increasing. Manufacturers need to equip their vehicles with these systems to meet consumers' expectations and improve the safety rating. Moreover, the growing demand for advanced safety features and higher safety ratings is also pushing the growth of automotive collision avoidance systems market.
- Regulatory Pressure and Safety Standards: The governments and safety organizations are enforcing strict regulations and safety standards on vehicles. The stringent regulatory environment is making automakers adopt collision avoidance technologies to meet the required safety standards, which is propelling market growth.For instance, ithe guidelines related to regulations such as European New Car Assessment Programme (Euro NCAP) and National Highway Traffic Safety Administratio (NHTSA) is further pushing the adoption of automotive collision avoidance systems across different countries worldwide.
- Growing Adoption of ADAS Systems: The growing adoption of advanced driver assistance systems into vehicles is another major factor pushing the growth of automotive collision avoidance systems market across different regions. Moreover, collision avoidance is one of the critical components of ADAS systems wherein the market growth is further propelled by the rising adoption of technoogies such as emergency braking systems, cruise controls, and long range sensing.
- User Experience and Customization: Manufacturers are increasingly paying attention to improving user experience by providing customizable collision avoidance features. This reflects the shift towards more customized vehicle safety solutions, with the ability to tailor systems according to individual preferences and driving habits. Moreover, the demand for enhanced designs in electric vehicles with more interactive systems is further pushing the advancements in collision avoidance systems with several upgrades related to its software and hardware components.
- Rising Number of Road Accident Incidents: The rising number of road accident incidents worldwide is another major trend generating the awarness among customers to adopt ADAS integrated vehicles that provides them with additional safety feature which is another major trend pushing the growth of automotive collision avoidance systems market.
- Technological Advancements in Vehicle Electronics: High-speed developments in artificial intelligence, machine learning, and sensor technologies are providing opportunities for innovation in collision avoidance systems. The automotive company can use these developments to design effective and reliable systems, ensuring safety and performance in the vehicle. This is further likely to generate new opportunities for automotive collision avoidance systems market vendors in the coming years.
- Adoption of Autonomous Vehicles: High opportunity for collision avoidance is offered by autonomous vehicles since it is dependent on the most advanced safety features in preventing collision. Consequently, demand for advanced technologies of collision avoidance will increase appreciably, which subsequently will open up more market. Moreover, the growing level of auttomation into vehicles is another major factor likely to generate new opportunities for automotive collision avoidance systems market vendors in the coming years.
Market Report Scope
Key Selling Points
- Comprehensive Coverage: The report comprehensively covers the analysis of products, services, types, and end users of the Automotive Collision Avoidance Systems Market, providing a holistic landscape.
- Expert Analysis: The report is compiled based on the in-depth understanding of industry experts and analysts.
- Up-to-date Information: The report assures business relevance due to its coverage of recent information and data trends.
- Customization Options: This report can be customized to cater to specific client requirements and suit the business strategies aptly.
The research report on the Automotive Collision Avoidance Systems Market can, therefore, help spearhead the trail of decoding and understanding the industry scenario and growth prospects. Although there can be a few valid concerns, the overall benefits of this report tend to outweigh the disadvantages.
REGIONAL FRAMEWORK
Have a question?
Naveen
Naveen will walk you through a 15-minute call to present the report’s content and answer all queries if you have any.
Speak to Analyst
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
- 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.
Frequently Asked Questions
Some of the customization options available based on the request are an additional 3-5 company profiles and country-specific analysis of 3-5 countries of your choice. Customizations are to be requested/discussed before making final order confirmation, as our team would review the same and check the feasibility.
The report can be delivered in PDF/PPT format; we can also share excel dataset based on the request.
The leading players operating in the Automotive Collision Avoidance Systems Market include Aptiv PLC, Autoliv Inc., Continental AG, Denso Corporation, General Electric Company, Honeywell International, Inc., Robert Bosch GmbH, Siemens AG, Valeo SA, ZF Friedrichshafen AG
The Automotive Collision Avoidance Systems Market is estimated to witness a CAGR of 10.5% from 2023 to 2031
User Experience and Customization is the key future trend of the Automotive Collision Avoidance Systems Market
The major factors driving the Automotive Collision Avoidance Systems Market are: Increased consumer awareness#Regulatory Pressure and Safety Standards
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Automotive Collision Avoidance Systems Market - By Type
1.3.2 Automotive Collision Avoidance Systems Market - By Technology
1.3.3 Automotive Collision Avoidance Systems Market - By Vehicle Type
1.3.4 Automotive Collision Avoidance Systems Market - By Region
1.3.4.1 By Country
2. KEY TAKEWAYS
3. RESEARCH METHODOLOGY
4. AUTOMOTIVE COLLISION AVOIDANCE SYSTEMS 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. ECOSYSTEM ANALYSIS
4.4. EXPERT OPINIONS
5. AUTOMOTIVE COLLISION AVOIDANCE SYSTEMS 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. AUTOMOTIVE COLLISION AVOIDANCE SYSTEMS MARKET - GLOBAL MARKET ANALYSIS
6.1. AUTOMOTIVE COLLISION AVOIDANCE SYSTEMS - GLOBAL MARKET OVERVIEW
6.2. AUTOMOTIVE COLLISION AVOIDANCE SYSTEMS - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. AUTOMOTIVE COLLISION AVOIDANCE SYSTEMS MARKET - REVENUE AND FORECASTS TO 2028 - TYPE
7.1. OVERVIEW
7.2. TYPE MARKET FORECASTS AND ANALYSIS
7.3. ADAPTIVE CRUISE CONTROL
7.3.1. Overview
7.3.2. Adaptive Cruise Control Market Forecast and Analysis
7.4. AUTONOMOUS EMERGENCY BRAKING (AEB)
7.4.1. Overview
7.4.2. Autonomous Emergency Braking (AEB) Market Forecast and Analysis
7.5. BLIND SPOT DETECTION
7.5.1. Overview
7.5.2. Blind Spot Detection Market Forecast and Analysis
7.6. LANE DEPARTURE WARNING
7.6.1. Overview
7.6.2. Lane Departure Warning Market Forecast and Analysis
7.7. OTHERS
7.7.1. Overview
7.7.2. Others Market Forecast and Analysis
8. AUTOMOTIVE COLLISION AVOIDANCE SYSTEMS MARKET - REVENUE AND FORECASTS TO 2028 - TECHNOLOGY
8.1. OVERVIEW
8.2. TECHNOLOGY MARKET FORECASTS AND ANALYSIS
8.3. RADAR
8.3.1. Overview
8.3.2. Radar Market Forecast and Analysis
8.4. LIDAR
8.4.1. Overview
8.4.2. LIDAR Market Forecast and Analysis
8.5. CAMERA
8.5.1. Overview
8.5.2. Camera Market Forecast and Analysis
8.6. OTHERS
8.6.1. Overview
8.6.2. Others Market Forecast and Analysis
9. AUTOMOTIVE COLLISION AVOIDANCE SYSTEMS MARKET - REVENUE AND FORECASTS TO 2028 - VEHICLE TYPE
9.1. OVERVIEW
9.2. VEHICLE TYPE MARKET FORECASTS AND ANALYSIS
9.3. PASSENGER CAR
9.3.1. Overview
9.3.2. Passenger Car Market Forecast and Analysis
9.4. COMMERCIAL VEHICLE
9.4.1. Overview
9.4.2. Commercial Vehicle Market Forecast and Analysis
9.5. ELECTRIC VEHICLE
9.5.1. Overview
9.5.2. Electric Vehicle Market Forecast and Analysis
10. AUTOMOTIVE COLLISION AVOIDANCE SYSTEMS MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
10.1. NORTH AMERICA
10.1.1 North America Automotive Collision Avoidance Systems Market Overview
10.1.2 North America Automotive Collision Avoidance Systems Market Forecasts and Analysis
10.1.3 North America Automotive Collision Avoidance Systems Market Forecasts and Analysis - By Type
10.1.4 North America Automotive Collision Avoidance Systems Market Forecasts and Analysis - By Technology
10.1.5 North America Automotive Collision Avoidance Systems Market Forecasts and Analysis - By Vehicle Type
10.1.6 North America Automotive Collision Avoidance Systems Market Forecasts and Analysis - By Countries
10.1.6.1 United States Automotive Collision Avoidance Systems Market
10.1.6.1.1 United States Automotive Collision Avoidance Systems Market by Type
10.1.6.1.2 United States Automotive Collision Avoidance Systems Market by Technology
10.1.6.1.3 United States Automotive Collision Avoidance Systems Market by Vehicle Type
10.1.6.2 Canada Automotive Collision Avoidance Systems Market
10.1.6.2.1 Canada Automotive Collision Avoidance Systems Market by Type
10.1.6.2.2 Canada Automotive Collision Avoidance Systems Market by Technology
10.1.6.2.3 Canada Automotive Collision Avoidance Systems Market by Vehicle Type
10.1.6.3 Mexico Automotive Collision Avoidance Systems Market
10.1.6.3.1 Mexico Automotive Collision Avoidance Systems Market by Type
10.1.6.3.2 Mexico Automotive Collision Avoidance Systems Market by Technology
10.1.6.3.3 Mexico Automotive Collision Avoidance Systems Market by Vehicle Type
10.2. EUROPE
10.2.1 Europe Automotive Collision Avoidance Systems Market Overview
10.2.2 Europe Automotive Collision Avoidance Systems Market Forecasts and Analysis
10.2.3 Europe Automotive Collision Avoidance Systems Market Forecasts and Analysis - By Type
10.2.4 Europe Automotive Collision Avoidance Systems Market Forecasts and Analysis - By Technology
10.2.5 Europe Automotive Collision Avoidance Systems Market Forecasts and Analysis - By Vehicle Type
10.2.6 Europe Automotive Collision Avoidance Systems Market Forecasts and Analysis - By Countries
10.2.6.1 Germany Automotive Collision Avoidance Systems Market
10.2.6.1.1 Germany Automotive Collision Avoidance Systems Market by Type
10.2.6.1.2 Germany Automotive Collision Avoidance Systems Market by Technology
10.2.6.1.3 Germany Automotive Collision Avoidance Systems Market by Vehicle Type
10.2.6.2 France Automotive Collision Avoidance Systems Market
10.2.6.2.1 France Automotive Collision Avoidance Systems Market by Type
10.2.6.2.2 France Automotive Collision Avoidance Systems Market by Technology
10.2.6.2.3 France Automotive Collision Avoidance Systems Market by Vehicle Type
10.2.6.3 Italy Automotive Collision Avoidance Systems Market
10.2.6.3.1 Italy Automotive Collision Avoidance Systems Market by Type
10.2.6.3.2 Italy Automotive Collision Avoidance Systems Market by Technology
10.2.6.3.3 Italy Automotive Collision Avoidance Systems Market by Vehicle Type
10.2.6.4 United Kingdom Automotive Collision Avoidance Systems Market
10.2.6.4.1 United Kingdom Automotive Collision Avoidance Systems Market by Type
10.2.6.4.2 United Kingdom Automotive Collision Avoidance Systems Market by Technology
10.2.6.4.3 United Kingdom Automotive Collision Avoidance Systems Market by Vehicle Type
10.2.6.5 Russia Automotive Collision Avoidance Systems Market
10.2.6.5.1 Russia Automotive Collision Avoidance Systems Market by Type
10.2.6.5.2 Russia Automotive Collision Avoidance Systems Market by Technology
10.2.6.5.3 Russia Automotive Collision Avoidance Systems Market by Vehicle Type
10.2.6.6 Rest of Europe Automotive Collision Avoidance Systems Market
10.2.6.6.1 Rest of Europe Automotive Collision Avoidance Systems Market by Type
10.2.6.6.2 Rest of Europe Automotive Collision Avoidance Systems Market by Technology
10.2.6.6.3 Rest of Europe Automotive Collision Avoidance Systems Market by Vehicle Type
10.3. ASIA-PACIFIC
10.3.1 Asia-Pacific Automotive Collision Avoidance Systems Market Overview
10.3.2 Asia-Pacific Automotive Collision Avoidance Systems Market Forecasts and Analysis
10.3.3 Asia-Pacific Automotive Collision Avoidance Systems Market Forecasts and Analysis - By Type
10.3.4 Asia-Pacific Automotive Collision Avoidance Systems Market Forecasts and Analysis - By Technology
10.3.5 Asia-Pacific Automotive Collision Avoidance Systems Market Forecasts and Analysis - By Vehicle Type
10.3.6 Asia-Pacific Automotive Collision Avoidance Systems Market Forecasts and Analysis - By Countries
10.3.6.1 Australia Automotive Collision Avoidance Systems Market
10.3.6.1.1 Australia Automotive Collision Avoidance Systems Market by Type
10.3.6.1.2 Australia Automotive Collision Avoidance Systems Market by Technology
10.3.6.1.3 Australia Automotive Collision Avoidance Systems Market by Vehicle Type
10.3.6.2 China Automotive Collision Avoidance Systems Market
10.3.6.2.1 China Automotive Collision Avoidance Systems Market by Type
10.3.6.2.2 China Automotive Collision Avoidance Systems Market by Technology
10.3.6.2.3 China Automotive Collision Avoidance Systems Market by Vehicle Type
10.3.6.3 India Automotive Collision Avoidance Systems Market
10.3.6.3.1 India Automotive Collision Avoidance Systems Market by Type
10.3.6.3.2 India Automotive Collision Avoidance Systems Market by Technology
10.3.6.3.3 India Automotive Collision Avoidance Systems Market by Vehicle Type
10.3.6.4 Japan Automotive Collision Avoidance Systems Market
10.3.6.4.1 Japan Automotive Collision Avoidance Systems Market by Type
10.3.6.4.2 Japan Automotive Collision Avoidance Systems Market by Technology
10.3.6.4.3 Japan Automotive Collision Avoidance Systems Market by Vehicle Type
10.3.6.5 South Korea Automotive Collision Avoidance Systems Market
10.3.6.5.1 South Korea Automotive Collision Avoidance Systems Market by Type
10.3.6.5.2 South Korea Automotive Collision Avoidance Systems Market by Technology
10.3.6.5.3 South Korea Automotive Collision Avoidance Systems Market by Vehicle Type
10.3.6.6 Rest of Asia-Pacific Automotive Collision Avoidance Systems Market
10.3.6.6.1 Rest of Asia-Pacific Automotive Collision Avoidance Systems Market by Type
10.3.6.6.2 Rest of Asia-Pacific Automotive Collision Avoidance Systems Market by Technology
10.3.6.6.3 Rest of Asia-Pacific Automotive Collision Avoidance Systems Market by Vehicle Type
10.4. MIDDLE EAST AND AFRICA
10.4.1 Middle East and Africa Automotive Collision Avoidance Systems Market Overview
10.4.2 Middle East and Africa Automotive Collision Avoidance Systems Market Forecasts and Analysis
10.4.3 Middle East and Africa Automotive Collision Avoidance Systems Market Forecasts and Analysis - By Type
10.4.4 Middle East and Africa Automotive Collision Avoidance Systems Market Forecasts and Analysis - By Technology
10.4.5 Middle East and Africa Automotive Collision Avoidance Systems Market Forecasts and Analysis - By Vehicle Type
10.4.6 Middle East and Africa Automotive Collision Avoidance Systems Market Forecasts and Analysis - By Countries
10.4.6.1 South Africa Automotive Collision Avoidance Systems Market
10.4.6.1.1 South Africa Automotive Collision Avoidance Systems Market by Type
10.4.6.1.2 South Africa Automotive Collision Avoidance Systems Market by Technology
10.4.6.1.3 South Africa Automotive Collision Avoidance Systems Market by Vehicle Type
10.4.6.2 Saudi Arabia Automotive Collision Avoidance Systems Market
10.4.6.2.1 Saudi Arabia Automotive Collision Avoidance Systems Market by Type
10.4.6.2.2 Saudi Arabia Automotive Collision Avoidance Systems Market by Technology
10.4.6.2.3 Saudi Arabia Automotive Collision Avoidance Systems Market by Vehicle Type
10.4.6.3 U.A.E Automotive Collision Avoidance Systems Market
10.4.6.3.1 U.A.E Automotive Collision Avoidance Systems Market by Type
10.4.6.3.2 U.A.E Automotive Collision Avoidance Systems Market by Technology
10.4.6.3.3 U.A.E Automotive Collision Avoidance Systems Market by Vehicle Type
10.4.6.4 Rest of Middle East and Africa Automotive Collision Avoidance Systems Market
10.4.6.4.1 Rest of Middle East and Africa Automotive Collision Avoidance Systems Market by Type
10.4.6.4.2 Rest of Middle East and Africa Automotive Collision Avoidance Systems Market by Technology
10.4.6.4.3 Rest of Middle East and Africa Automotive Collision Avoidance Systems Market by Vehicle Type
10.5. SOUTH AND CENTRAL AMERICA
10.5.1 South and Central America Automotive Collision Avoidance Systems Market Overview
10.5.2 South and Central America Automotive Collision Avoidance Systems Market Forecasts and Analysis
10.5.3 South and Central America Automotive Collision Avoidance Systems Market Forecasts and Analysis - By Type
10.5.4 South and Central America Automotive Collision Avoidance Systems Market Forecasts and Analysis - By Technology
10.5.5 South and Central America Automotive Collision Avoidance Systems Market Forecasts and Analysis - By Vehicle Type
10.5.6 South and Central America Automotive Collision Avoidance Systems Market Forecasts and Analysis - By Countries
10.5.6.1 Brazil Automotive Collision Avoidance Systems Market
10.5.6.1.1 Brazil Automotive Collision Avoidance Systems Market by Type
10.5.6.1.2 Brazil Automotive Collision Avoidance Systems Market by Technology
10.5.6.1.3 Brazil Automotive Collision Avoidance Systems Market by Vehicle Type
10.5.6.2 Argentina Automotive Collision Avoidance Systems Market
10.5.6.2.1 Argentina Automotive Collision Avoidance Systems Market by Type
10.5.6.2.2 Argentina Automotive Collision Avoidance Systems Market by Technology
10.5.6.2.3 Argentina Automotive Collision Avoidance Systems Market by Vehicle Type
10.5.6.3 Rest of South and Central America Automotive Collision Avoidance Systems Market
10.5.6.3.1 Rest of South and Central America Automotive Collision Avoidance Systems Market by Type
10.5.6.3.2 Rest of South and Central America Automotive Collision Avoidance Systems Market by Technology
10.5.6.3.3 Rest of South and Central America Automotive Collision Avoidance Systems Market by Vehicle Type
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. AUTOMOTIVE COLLISION AVOIDANCE SYSTEMS MARKET, KEY COMPANY PROFILES
12.1. APTIV PLC
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. AUTOLIV INC.
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. CONTINENTAL AG
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. DENSO CORPORATION
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. GENERAL ELECTRIC COMPANY
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. HONEYWELL INTERNATIONAL, INC.
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. ROBERT BOSCH GMBH
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. SIEMENS AG
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. VALEO SA
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. ZF FRIEDRICHSHAFEN 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. Aptiv PLC
2. Autoliv Inc.
3. Continental AG
4. Denso Corporation
5. General Electric Company
6. Honeywell International, Inc.
7. Robert Bosch GmbH
8. Siemens AG
9. Valeo SA
10. ZF Friedrichshafen 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.
Get Free Sample For