Automotive Power Semiconductor Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis
Automobile manufacturers are building and increasing electrification in vehicle powertrains such as electric and hybrid electric vehicles on a daily basis. The growth of power semiconductors in automobiles has been accelerated by the electrification of vehicles. Demand is expected to continue quite high for the next 4-5 years. Furthermore, automotive infotainment systems accounted for the majority of unit sales of the power semiconductor, with growth supported by sustained rise in automobile buyers in both developed and developing nations.
MARKET SCOPE
The "Global Automotive Power Semiconductor Market Analysis to 2031" is a specialized and in-depth study of the Automotive power semiconductor Market with a special focus on the global market trend analysis. The report aims to provide an overview of automotive power semiconductor market with detailed market segmentation by component, application and vehicle type. The global automotive power semiconductor market expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading automotive power semiconductor market player and offers key trends and opportunities in the automotive power semiconductor market.
MARKET SEGMENTATION
MARKET DYNAMICS
Drivers-
Restraints-
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 automotive power semiconductor 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 automotive power semiconductor 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 automotive power semiconductor 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 PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the automotive power semiconductor market in these regions.
IMPACT OF COVID-19 ON AUTOMOTIVE POWER SEMICONDUCTOR MARKET
COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Few companies have already announced possible delays in product deliveries and slump in future sales of their products. In addition to this, the global travel bans imposed by countries in Europe, Asia-Pacific, and North America are affecting the business collaborations and partnerships opportunities.
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- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global automotive power semiconductor 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 automotive power semiconductor 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 automotive power semiconductor 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 PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the automotive power semiconductor market in these regions.
IMPACT OF COVID-19 ON AUTOMOTIVE POWER SEMICONDUCTOR MARKET
COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Few companies have already announced possible delays in product deliveries and slump in future sales of their products. In addition to this, the global travel bans imposed by countries in Europe, Asia-Pacific, and North America are affecting the business collaborations and partnerships opportunities.
MARKET PLAYERS
The reports cover key developments in the automotive power semiconductor market 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 automotive power semiconductor market are anticipated to lucrative growth opportunities in the future with the rising demand for automotive power semiconductor market. Below mentioned is the list of few companies engaged in the automotive power semiconductor market.
The report also includes the profiles of key automotive power semiconductor 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.
- NXP Semiconductor N.V
- Infineon Technologies AG
- Renesas Electronics Corporation
- Texas Instruments Inc.
- STMicroelectronics N.V.
- Robert Bosch GmbH
- ON Semiconductor
- Nvidia Corporation
- Trumpf GmbH + CO. KG.
- Intel Corporation
- 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 Automotive Power Semiconductor Market - By Component
1.3.2 Automotive Power Semiconductor Market - By Application
1.3.3 Automotive Power Semiconductor Market - By Vehicle Type
1.3.4 Automotive Power Semiconductor Market - By Region
1.3.4.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. AUTOMOTIVE POWER SEMICONDUCTOR 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. AUTOMOTIVE POWER SEMICONDUCTOR 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. AUTOMOTIVE POWER SEMICONDUCTOR MARKET - GLOBAL MARKET ANALYSIS
6.1. AUTOMOTIVE POWER SEMICONDUCTOR - GLOBAL MARKET OVERVIEW
6.2. AUTOMOTIVE POWER SEMICONDUCTOR - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. AUTOMOTIVE POWER SEMICONDUCTOR MARKET - REVENUE AND FORECASTS TO 2028 - COMPONENT
7.1. OVERVIEW
7.2. COMPONENT MARKET FORECASTS AND ANALYSIS
7.3. POWER DISCRETE
7.3.1. Overview
7.3.2. Power Discrete Market Forecast and Analysis
7.3.3. Diode Market
7.3.3.1. Overview
7.3.3.2. Diode Market Forecast and Analysis
7.3.4. Transistor Market
7.3.4.1. Overview
7.3.4.2. Transistor Market Forecast and Analysis
7.3.5. Thyristor Market
7.3.5.1. Overview
7.3.5.2. Thyristor Market Forecast and Analysis
7.4. POWER MODUE
7.4.1. Overview
7.4.2. Power Modue Market Forecast and Analysis
7.4.3. Intelligent Power Module (IPM) Market
7.4.3.1. Overview
7.4.3.2. Intelligent Power Module (IPM) Market Forecast and Analysis
7.4.4. Power Integrated Module (PIM) Market
7.4.4.1. Overview
7.4.4.2. Power Integrated Module (PIM) Market Forecast and Analysis
7.5. POWER INTEGRATED CIRCUITS (ICS)
7.5.1. Overview
7.5.2. Power Integrated Circuits (ICS) Market Forecast and Analysis
8. AUTOMOTIVE POWER SEMICONDUCTOR MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
8.1. OVERVIEW
8.2. APPLICATION MARKET FORECASTS AND ANALYSIS
8.3. POWERTRAIN AND CHASSIS
8.3.1. Overview
8.3.2. Powertrain and Chassis Market Forecast and Analysis
8.4. BODY ELECTRONICS
8.4.1. Overview
8.4.2. Body Electronics 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. INFOTAINMENT AND TELEMATICS
8.6.1. Overview
8.6.2. Infotainment and Telematics Market Forecast and Analysis
9. AUTOMOTIVE POWER SEMICONDUCTOR 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. LCV
9.4.1. Overview
9.4.2. LCV Market Forecast and Analysis
9.5. HCV
9.5.1. Overview
9.5.2. HCV Market Forecast and Analysis
10. AUTOMOTIVE POWER SEMICONDUCTOR MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
10.1. NORTH AMERICA
10.1.1 North America Automotive Power Semiconductor Market Overview
10.1.2 North America Automotive Power Semiconductor Market Forecasts and Analysis
10.1.3 North America Automotive Power Semiconductor Market Forecasts and Analysis - By Component
10.1.4 North America Automotive Power Semiconductor Market Forecasts and Analysis - By Application
10.1.5 North America Automotive Power Semiconductor Market Forecasts and Analysis - By Vehicle Type
10.1.6 North America Automotive Power Semiconductor Market Forecasts and Analysis - By Countries
10.1.6.1 United States Automotive Power Semiconductor Market
10.1.6.1.1 United States Automotive Power Semiconductor Market by Component
10.1.6.1.2 United States Automotive Power Semiconductor Market by Application
10.1.6.1.3 United States Automotive Power Semiconductor Market by Vehicle Type
10.1.6.2 Canada Automotive Power Semiconductor Market
10.1.6.2.1 Canada Automotive Power Semiconductor Market by Component
10.1.6.2.2 Canada Automotive Power Semiconductor Market by Application
10.1.6.2.3 Canada Automotive Power Semiconductor Market by Vehicle Type
10.1.6.3 Mexico Automotive Power Semiconductor Market
10.1.6.3.1 Mexico Automotive Power Semiconductor Market by Component
10.1.6.3.2 Mexico Automotive Power Semiconductor Market by Application
10.1.6.3.3 Mexico Automotive Power Semiconductor Market by Vehicle Type
10.2. EUROPE
10.2.1 Europe Automotive Power Semiconductor Market Overview
10.2.2 Europe Automotive Power Semiconductor Market Forecasts and Analysis
10.2.3 Europe Automotive Power Semiconductor Market Forecasts and Analysis - By Component
10.2.4 Europe Automotive Power Semiconductor Market Forecasts and Analysis - By Application
10.2.5 Europe Automotive Power Semiconductor Market Forecasts and Analysis - By Vehicle Type
10.2.6 Europe Automotive Power Semiconductor Market Forecasts and Analysis - By Countries
10.2.6.1 Germany Automotive Power Semiconductor Market
10.2.6.1.1 Germany Automotive Power Semiconductor Market by Component
10.2.6.1.2 Germany Automotive Power Semiconductor Market by Application
10.2.6.1.3 Germany Automotive Power Semiconductor Market by Vehicle Type
10.2.6.2 France Automotive Power Semiconductor Market
10.2.6.2.1 France Automotive Power Semiconductor Market by Component
10.2.6.2.2 France Automotive Power Semiconductor Market by Application
10.2.6.2.3 France Automotive Power Semiconductor Market by Vehicle Type
10.2.6.3 Italy Automotive Power Semiconductor Market
10.2.6.3.1 Italy Automotive Power Semiconductor Market by Component
10.2.6.3.2 Italy Automotive Power Semiconductor Market by Application
10.2.6.3.3 Italy Automotive Power Semiconductor Market by Vehicle Type
10.2.6.4 United Kingdom Automotive Power Semiconductor Market
10.2.6.4.1 United Kingdom Automotive Power Semiconductor Market by Component
10.2.6.4.2 United Kingdom Automotive Power Semiconductor Market by Application
10.2.6.4.3 United Kingdom Automotive Power Semiconductor Market by Vehicle Type
10.2.6.5 Russia Automotive Power Semiconductor Market
10.2.6.5.1 Russia Automotive Power Semiconductor Market by Component
10.2.6.5.2 Russia Automotive Power Semiconductor Market by Application
10.2.6.5.3 Russia Automotive Power Semiconductor Market by Vehicle Type
10.2.6.6 Rest of Europe Automotive Power Semiconductor Market
10.2.6.6.1 Rest of Europe Automotive Power Semiconductor Market by Component
10.2.6.6.2 Rest of Europe Automotive Power Semiconductor Market by Application
10.2.6.6.3 Rest of Europe Automotive Power Semiconductor Market by Vehicle Type
10.3. ASIA-PACIFIC
10.3.1 Asia-Pacific Automotive Power Semiconductor Market Overview
10.3.2 Asia-Pacific Automotive Power Semiconductor Market Forecasts and Analysis
10.3.3 Asia-Pacific Automotive Power Semiconductor Market Forecasts and Analysis - By Component
10.3.4 Asia-Pacific Automotive Power Semiconductor Market Forecasts and Analysis - By Application
10.3.5 Asia-Pacific Automotive Power Semiconductor Market Forecasts and Analysis - By Vehicle Type
10.3.6 Asia-Pacific Automotive Power Semiconductor Market Forecasts and Analysis - By Countries
10.3.6.1 Australia Automotive Power Semiconductor Market
10.3.6.1.1 Australia Automotive Power Semiconductor Market by Component
10.3.6.1.2 Australia Automotive Power Semiconductor Market by Application
10.3.6.1.3 Australia Automotive Power Semiconductor Market by Vehicle Type
10.3.6.2 China Automotive Power Semiconductor Market
10.3.6.2.1 China Automotive Power Semiconductor Market by Component
10.3.6.2.2 China Automotive Power Semiconductor Market by Application
10.3.6.2.3 China Automotive Power Semiconductor Market by Vehicle Type
10.3.6.3 India Automotive Power Semiconductor Market
10.3.6.3.1 India Automotive Power Semiconductor Market by Component
10.3.6.3.2 India Automotive Power Semiconductor Market by Application
10.3.6.3.3 India Automotive Power Semiconductor Market by Vehicle Type
10.3.6.4 South Korea Automotive Power Semiconductor Market
10.3.6.4.1 South Korea Automotive Power Semiconductor Market by Component
10.3.6.4.2 South Korea Automotive Power Semiconductor Market by Application
10.3.6.4.3 South Korea Automotive Power Semiconductor Market by Vehicle Type
10.3.6.5 Rest of Asia-Pacific Automotive Power Semiconductor Market
10.3.6.5.1 Rest of Asia-Pacific Automotive Power Semiconductor Market by Component
10.3.6.5.2 Rest of Asia-Pacific Automotive Power Semiconductor Market by Application
10.3.6.5.3 Rest of Asia-Pacific Automotive Power Semiconductor Market by Vehicle Type
10.4. MIDDLE EAST AND AFRICA
10.4.1 Middle East and Africa Automotive Power Semiconductor Market Overview
10.4.2 Middle East and Africa Automotive Power Semiconductor Market Forecasts and Analysis
10.4.3 Middle East and Africa Automotive Power Semiconductor Market Forecasts and Analysis - By Component
10.4.4 Middle East and Africa Automotive Power Semiconductor Market Forecasts and Analysis - By Application
10.4.5 Middle East and Africa Automotive Power Semiconductor Market Forecasts and Analysis - By Vehicle Type
10.4.6 Middle East and Africa Automotive Power Semiconductor Market Forecasts and Analysis - By Countries
10.4.6.1 South Africa Automotive Power Semiconductor Market
10.4.6.1.1 South Africa Automotive Power Semiconductor Market by Component
10.4.6.1.2 South Africa Automotive Power Semiconductor Market by Application
10.4.6.1.3 South Africa Automotive Power Semiconductor Market by Vehicle Type
10.4.6.2 Saudi Arabia Automotive Power Semiconductor Market
10.4.6.2.1 Saudi Arabia Automotive Power Semiconductor Market by Component
10.4.6.2.2 Saudi Arabia Automotive Power Semiconductor Market by Application
10.4.6.2.3 Saudi Arabia Automotive Power Semiconductor Market by Vehicle Type
10.4.6.3 U.A.E Automotive Power Semiconductor Market
10.4.6.3.1 U.A.E Automotive Power Semiconductor Market by Component
10.4.6.3.2 U.A.E Automotive Power Semiconductor Market by Application
10.4.6.3.3 U.A.E Automotive Power Semiconductor Market by Vehicle Type
10.4.6.4 Rest of Middle East and Africa Automotive Power Semiconductor Market
10.4.6.4.1 Rest of Middle East and Africa Automotive Power Semiconductor Market by Component
10.4.6.4.2 Rest of Middle East and Africa Automotive Power Semiconductor Market by Application
10.4.6.4.3 Rest of Middle East and Africa Automotive Power Semiconductor Market by Vehicle Type
10.5. SOUTH AND CENTRAL AMERICA
10.5.1 South and Central America Automotive Power Semiconductor Market Overview
10.5.2 South and Central America Automotive Power Semiconductor Market Forecasts and Analysis
10.5.3 South and Central America Automotive Power Semiconductor Market Forecasts and Analysis - By Component
10.5.4 South and Central America Automotive Power Semiconductor Market Forecasts and Analysis - By Application
10.5.5 South and Central America Automotive Power Semiconductor Market Forecasts and Analysis - By Vehicle Type
10.5.6 South and Central America Automotive Power Semiconductor Market Forecasts and Analysis - By Countries
10.5.6.1 Brazil Automotive Power Semiconductor Market
10.5.6.1.1 Brazil Automotive Power Semiconductor Market by Component
10.5.6.1.2 Brazil Automotive Power Semiconductor Market by Application
10.5.6.1.3 Brazil Automotive Power Semiconductor Market by Vehicle Type
10.5.6.2 Argentina Automotive Power Semiconductor Market
10.5.6.2.1 Argentina Automotive Power Semiconductor Market by Component
10.5.6.2.2 Argentina Automotive Power Semiconductor Market by Application
10.5.6.2.3 Argentina Automotive Power Semiconductor Market by Vehicle Type
10.5.6.3 Rest of South and Central America Automotive Power Semiconductor Market
10.5.6.3.1 Rest of South and Central America Automotive Power Semiconductor Market by Component
10.5.6.3.2 Rest of South and Central America Automotive Power Semiconductor Market by Application
10.5.6.3.3 Rest of South and Central America Automotive Power Semiconductor 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 POWER SEMICONDUCTOR MARKET, KEY COMPANY PROFILES
12.1. NXP SEMICONDUCTOR N.V
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. INFINEON TECHNOLOGIES AG
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. RENESAS ELECTRONICS CORPORATION
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. TEXAS INSTRUMENTS INC.
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. STMICROELECTRONICS N.V.
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. ROBERT BOSCH GMBH
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. ON SEMICONDUCTOR
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. NVIDIA CORPORATION
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. TRUMPF GMBH + CO. KG.
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. INTEL CORPORATION
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. NXP Semiconductor N.V
2. Infineon Technologies AG
3. Renesas Electronics Corporation
4. Texas Instruments Inc.
5. STMicroelectronics N.V.
6. Robert Bosch GmbH
7. ON Semiconductor
8. Nvidia Corporation
9. Trumpf GmbH + CO. KG.
10. Intel Corporation
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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