Commercial Greenhouse Films Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis
Commercial greenhouse films provides an enclosed and covered structure for maintenance of a controlled growing environment for crops. Greenhouse films are designed to trap the sun's rays and create a warm humid atmosphere for required for the growth of crops. These films are developed to withstand extreme weather conditions, and create a stable environment. They offers protection to crops against the effects of frost, wind and rain.
MARKET SCOPE
The "Global Commercial Greenhouse Films 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 commercial greenhouse films market with detailed market segmentation by resin type, application, and geography. The report provides key statistics on the market status of the leading commercial greenhouse films market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
- Based on resin type, the global commercial greenhouse films market is segmented into LDPE, EVA/EBA, LLDPE, PVC, and others.
- Based on application , the market is bifurcated into Flowers and Ornamentals, Nursery Crops, Fruits and Vegetables, and others.
MARKET DYNAMICS
Drivers
- Increase in demand for greenhouse-cultivated crops.
- Increasing developments in the areas of greenhouse-protected cultivation.
- Rising population leads to increasing demand for high quality food.
Restraints
- High cost of greenhouse films lowers their affordability.
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 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), the Middle East and Africa (MEA), and South America. The commercial greenhouse films 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 market from both demand and supply side and further evaluates market dynamics affecting the marketduring 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 commercial greenhouse films in these regions.
IMPACT OF COVID-19 ON COMMERCIAL GREENHOUSE FILMS 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 an overview and forecast of the global 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), the Middle East and Africa (MEA), and South America. The commercial greenhouse films 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 market from both demand and supply side and further evaluates market dynamics affecting the marketduring 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 commercial greenhouse films in these regions.
IMPACT OF COVID-19 ON COMMERCIAL GREENHOUSE FILMS 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 report covers key developments in the commercial greenhouse films 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 marketwere acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from commercial greenhouse films market are anticipated to lucrative growth opportunities in the future with the rising demand for commercial greenhouse films in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the commercial greenhouse films 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.
- Agra Tech, Inc.
- Novedades Agrícolas S.A.
- BASF SE
- RKW group
- Nexus Corporation
- Ginegar Plastic Products Ltd.
- Essen Multipack
- EIFFEL S.P.A.
- FVG Folien-Vertriebs GmbH
- Grupo Armando Alvarez
- Plastika Kritis SA
- Polifilm Group
- Berry Global, Inc
- Beijing Kingpeng International Hi-Tech Corporation
- Central Worldwide Co., Ltd
- Thai Charoen Thong Karntor Co., Ltd
- The Dow Chemicals Company
- Agriplast Tech India Pvt. Ltd.
- Lumite, Inc.
- DutchGreenhouses
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 Commercial Greenhouse Films Market - By Resin Type
1.3.2 Commercial Greenhouse Films Market - By Application
1.3.3 Commercial Greenhouse Films Market - By Region
1.3.3.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. COMMERCIAL GREENHOUSE FILMS 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. COMMERCIAL GREENHOUSE FILMS 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. COMMERCIAL GREENHOUSE FILMS MARKET - GLOBAL MARKET ANALYSIS
6.1. COMMERCIAL GREENHOUSE FILMS - GLOBAL MARKET OVERVIEW
6.2. COMMERCIAL GREENHOUSE FILMS - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING
7. COMMERCIAL GREENHOUSE FILMS MARKET - REVENUE AND FORECASTS TO 2028 - RESIN TYPE
7.1. OVERVIEW
7.2. RESIN TYPE MARKET FORECASTS AND ANALYSIS
7.3. LDPE
7.3.1. Overview
7.3.2. LDPE Market Forecast and Analysis
7.4. EVA/EBA
7.4.1. Overview
7.4.2. EVA/EBA Market Forecast and Analysis
7.5. LLDPE
7.5.1. Overview
7.5.2. LLDPE Market Forecast and Analysis
7.6. PVC
7.6.1. Overview
7.6.2. PVC Market Forecast and Analysis
7.7. OTHERS
7.7.1. Overview
7.7.2. Others Market Forecast and Analysis
8. COMMERCIAL GREENHOUSE FILMS MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
8.1. OVERVIEW
8.2. APPLICATION MARKET FORECASTS AND ANALYSIS
8.3. FLOWERS AND ORNAMENTALS
8.3.1. Overview
8.3.2. Flowers and Ornamentals Market Forecast and Analysis
8.4. NURSERY CROPS
8.4.1. Overview
8.4.2. Nursery Crops Market Forecast and Analysis
8.5. FRUITS AND VEGETABLES
8.5.1. Overview
8.5.2. Fruits and Vegetables Market Forecast and Analysis
8.6. OTHERS.
8.6.1. Overview
8.6.2. Others. Market Forecast and Analysis
9. COMMERCIAL GREENHOUSE FILMS MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Commercial Greenhouse Films Market Overview
9.1.2 North America Commercial Greenhouse Films Market Forecasts and Analysis
9.1.3 North America Commercial Greenhouse Films Market Forecasts and Analysis - By Resin Type
9.1.4 North America Commercial Greenhouse Films Market Forecasts and Analysis - By Application
9.1.5 North America Commercial Greenhouse Films Market Forecasts and Analysis - By Countries
9.1.5.1 United States Commercial Greenhouse Films Market
9.1.5.1.1 United States Commercial Greenhouse Films Market by Resin Type
9.1.5.1.2 United States Commercial Greenhouse Films Market by Application
9.1.5.2 Canada Commercial Greenhouse Films Market
9.1.5.2.1 Canada Commercial Greenhouse Films Market by Resin Type
9.1.5.2.2 Canada Commercial Greenhouse Films Market by Application
9.1.5.3 Mexico Commercial Greenhouse Films Market
9.1.5.3.1 Mexico Commercial Greenhouse Films Market by Resin Type
9.1.5.3.2 Mexico Commercial Greenhouse Films Market by Application
9.2. EUROPE
9.2.1 Europe Commercial Greenhouse Films Market Overview
9.2.2 Europe Commercial Greenhouse Films Market Forecasts and Analysis
9.2.3 Europe Commercial Greenhouse Films Market Forecasts and Analysis - By Resin Type
9.2.4 Europe Commercial Greenhouse Films Market Forecasts and Analysis - By Application
9.2.5 Europe Commercial Greenhouse Films Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Commercial Greenhouse Films Market
9.2.5.1.1 Germany Commercial Greenhouse Films Market by Resin Type
9.2.5.1.2 Germany Commercial Greenhouse Films Market by Application
9.2.5.2 France Commercial Greenhouse Films Market
9.2.5.2.1 France Commercial Greenhouse Films Market by Resin Type
9.2.5.2.2 France Commercial Greenhouse Films Market by Application
9.2.5.3 Italy Commercial Greenhouse Films Market
9.2.5.3.1 Italy Commercial Greenhouse Films Market by Resin Type
9.2.5.3.2 Italy Commercial Greenhouse Films Market by Application
9.2.5.4 United Kingdom Commercial Greenhouse Films Market
9.2.5.4.1 United Kingdom Commercial Greenhouse Films Market by Resin Type
9.2.5.4.2 United Kingdom Commercial Greenhouse Films Market by Application
9.2.5.5 Russia Commercial Greenhouse Films Market
9.2.5.5.1 Russia Commercial Greenhouse Films Market by Resin Type
9.2.5.5.2 Russia Commercial Greenhouse Films Market by Application
9.2.5.6 Rest of Europe Commercial Greenhouse Films Market
9.2.5.6.1 Rest of Europe Commercial Greenhouse Films Market by Resin Type
9.2.5.6.2 Rest of Europe Commercial Greenhouse Films Market by Application
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Commercial Greenhouse Films Market Overview
9.3.2 Asia-Pacific Commercial Greenhouse Films Market Forecasts and Analysis
9.3.3 Asia-Pacific Commercial Greenhouse Films Market Forecasts and Analysis - By Resin Type
9.3.4 Asia-Pacific Commercial Greenhouse Films Market Forecasts and Analysis - By Application
9.3.5 Asia-Pacific Commercial Greenhouse Films Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Commercial Greenhouse Films Market
9.3.5.1.1 Australia Commercial Greenhouse Films Market by Resin Type
9.3.5.1.2 Australia Commercial Greenhouse Films Market by Application
9.3.5.2 China Commercial Greenhouse Films Market
9.3.5.2.1 China Commercial Greenhouse Films Market by Resin Type
9.3.5.2.2 China Commercial Greenhouse Films Market by Application
9.3.5.3 India Commercial Greenhouse Films Market
9.3.5.3.1 India Commercial Greenhouse Films Market by Resin Type
9.3.5.3.2 India Commercial Greenhouse Films Market by Application
9.3.5.4 Japan Commercial Greenhouse Films Market
9.3.5.4.1 Japan Commercial Greenhouse Films Market by Resin Type
9.3.5.4.2 Japan Commercial Greenhouse Films Market by Application
9.3.5.5 South Korea Commercial Greenhouse Films Market
9.3.5.5.1 South Korea Commercial Greenhouse Films Market by Resin Type
9.3.5.5.2 South Korea Commercial Greenhouse Films Market by Application
9.3.5.6 Rest of Asia-Pacific Commercial Greenhouse Films Market
9.3.5.6.1 Rest of Asia-Pacific Commercial Greenhouse Films Market by Resin Type
9.3.5.6.2 Rest of Asia-Pacific Commercial Greenhouse Films Market by Application
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Commercial Greenhouse Films Market Overview
9.4.2 Middle East and Africa Commercial Greenhouse Films Market Forecasts and Analysis
9.4.3 Middle East and Africa Commercial Greenhouse Films Market Forecasts and Analysis - By Resin Type
9.4.4 Middle East and Africa Commercial Greenhouse Films Market Forecasts and Analysis - By Application
9.4.5 Middle East and Africa Commercial Greenhouse Films Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Commercial Greenhouse Films Market
9.4.5.1.1 South Africa Commercial Greenhouse Films Market by Resin Type
9.4.5.1.2 South Africa Commercial Greenhouse Films Market by Application
9.4.5.2 Saudi Arabia Commercial Greenhouse Films Market
9.4.5.2.1 Saudi Arabia Commercial Greenhouse Films Market by Resin Type
9.4.5.2.2 Saudi Arabia Commercial Greenhouse Films Market by Application
9.4.5.3 U.A.E Commercial Greenhouse Films Market
9.4.5.3.1 U.A.E Commercial Greenhouse Films Market by Resin Type
9.4.5.3.2 U.A.E Commercial Greenhouse Films Market by Application
9.4.5.4 Rest of Middle East and Africa Commercial Greenhouse Films Market
9.4.5.4.1 Rest of Middle East and Africa Commercial Greenhouse Films Market by Resin Type
9.4.5.4.2 Rest of Middle East and Africa Commercial Greenhouse Films Market by Application
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Commercial Greenhouse Films Market Overview
9.5.2 South and Central America Commercial Greenhouse Films Market Forecasts and Analysis
9.5.3 South and Central America Commercial Greenhouse Films Market Forecasts and Analysis - By Resin Type
9.5.4 South and Central America Commercial Greenhouse Films Market Forecasts and Analysis - By Application
9.5.5 South and Central America Commercial Greenhouse Films Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Commercial Greenhouse Films Market
9.5.5.1.1 Brazil Commercial Greenhouse Films Market by Resin Type
9.5.5.1.2 Brazil Commercial Greenhouse Films Market by Application
9.5.5.2 Argentina Commercial Greenhouse Films Market
9.5.5.2.1 Argentina Commercial Greenhouse Films Market by Resin Type
9.5.5.2.2 Argentina Commercial Greenhouse Films Market by Application
9.5.5.3 Rest of South and Central America Commercial Greenhouse Films Market
9.5.5.3.1 Rest of South and Central America Commercial Greenhouse Films Market by Resin Type
9.5.5.3.2 Rest of South and Central America Commercial Greenhouse Films Market by Application
10. INDUSTRY LANDSCAPE
10.1. MERGERS AND ACQUISITIONS
10.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
10.3. NEW PRODUCT LAUNCHES
10.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
11. COMMERCIAL GREENHOUSE FILMS MARKET, KEY COMPANY PROFILES
11.1. AGRA TECH, INC
11.1.1. Key Facts
11.1.2. Business Description
11.1.3. Products and Services
11.1.4. Financial Overview
11.1.5. SWOT Analysis
11.1.6. Key Developments
11.2. NOVEDADES AGRíCOLAS S.A.
11.2.1. Key Facts
11.2.2. Business Description
11.2.3. Products and Services
11.2.4. Financial Overview
11.2.5. SWOT Analysis
11.2.6. Key Developments
11.3. BASF SE
11.3.1. Key Facts
11.3.2. Business Description
11.3.3. Products and Services
11.3.4. Financial Overview
11.3.5. SWOT Analysis
11.3.6. Key Developments
11.4. RKW GROUP
11.4.1. Key Facts
11.4.2. Business Description
11.4.3. Products and Services
11.4.4. Financial Overview
11.4.5. SWOT Analysis
11.4.6. Key Developments
11.5. NEXUS CORPORATION
11.5.1. Key Facts
11.5.2. Business Description
11.5.3. Products and Services
11.5.4. Financial Overview
11.5.5. SWOT Analysis
11.5.6. Key Developments
11.6. GINEGAR PLASTIC PRODUCTS LTD.
11.6.1. Key Facts
11.6.2. Business Description
11.6.3. Products and Services
11.6.4. Financial Overview
11.6.5. SWOT Analysis
11.6.6. Key Developments
11.7. ESSEN MULTIPACK
11.7.1. Key Facts
11.7.2. Business Description
11.7.3. Products and Services
11.7.4. Financial Overview
11.7.5. SWOT Analysis
11.7.6. Key Developments
11.8. EIFFEL S.P.A.
11.8.1. Key Facts
11.8.2. Business Description
11.8.3. Products and Services
11.8.4. Financial Overview
11.8.5. SWOT Analysis
11.8.6. Key Developments
11.9. FVG FOLIEN-VERTRIEBS GMBH
11.9.1. Key Facts
11.9.2. Business Description
11.9.3. Products and Services
11.9.4. Financial Overview
11.9.5. SWOT Analysis
11.9.6. Key Developments
11.10. GRUPO ARMANDO ALVAREZ
11.10.1. Key Facts
11.10.2. Business Description
11.10.3. Products and Services
11.10.4. Financial Overview
11.10.5. SWOT Analysis
11.10.6. Key Developments
11.11. PLASTIKA KRITIS SA
11.11.1. Key Facts
11.11.2. Business Description
11.11.3. Products and Services
11.11.4. Financial Overview
11.11.5. SWOT Analysis
11.11.6. Key Developments
11.12. POLIFILM GROUP
11.12.1. Key Facts
11.12.2. Business Description
11.12.3. Products and Services
11.12.4. Financial Overview
11.12.5. SWOT Analysis
11.12.6. Key Developments
11.13. BERRY GLOBAL, INC
11.13.1. Key Facts
11.13.2. Business Description
11.13.3. Products and Services
11.13.4. Financial Overview
11.13.5. SWOT Analysis
11.13.6. Key Developments
11.14. BEIJING KINGPENG INTERNATIONAL HI-TECH CORPORATION
11.14.1. Key Facts
11.14.2. Business Description
11.14.3. Products and Services
11.14.4. Financial Overview
11.14.5. SWOT Analysis
11.14.6. Key Developments
11.15. CENTRAL WORLDWIDE CO., LTD
11.15.1. Key Facts
11.15.2. Business Description
11.15.3. Products and Services
11.15.4. Financial Overview
11.15.5. SWOT Analysis
11.15.6. Key Developments
11.16. THAI CHAROEN THONG KARNTOR CO., LTD
11.16.1. Key Facts
11.16.2. Business Description
11.16.3. Products and Services
11.16.4. Financial Overview
11.16.5. SWOT Analysis
11.16.6. Key Developments
11.17. THE DOW CHEMICALS COMPANY
11.17.1. Key Facts
11.17.2. Business Description
11.17.3. Products and Services
11.17.4. Financial Overview
11.17.5. SWOT Analysis
11.17.6. Key Developments
11.18. AGRIPLAST TECH INDIA PVT. LTD.
11.18.1. Key Facts
11.18.2. Business Description
11.18.3. Products and Services
11.18.4. Financial Overview
11.18.5. SWOT Analysis
11.18.6. Key Developments
11.19. LUMITE, INC.
11.19.1. Key Facts
11.19.2. Business Description
11.19.3. Products and Services
11.19.4. Financial Overview
11.19.5. SWOT Analysis
11.19.6. Key Developments
11.20. DUTCHGREENHOUSES
11.20.1. Key Facts
11.20.2. Business Description
11.20.3. Products and Services
11.20.4. Financial Overview
11.20.5. SWOT Analysis
11.20.6. Key Developments
12. APPENDIX
12.1. ABOUT THE INSIGHT PARTNERS
12.2. GLOSSARY OF TERMS
1. Agra Tech, Inc
2. Novedades Agrícolas S.A.
3. BASF SE
4. RKW group
5. Nexus Corporation
6. Ginegar Plastic Products Ltd.
7. Essen Multipack
8. EIFFEL S.P.A.
9. FVG Folien-Vertriebs GmbH
10. Grupo Armando Alvarez
11. Plastika Kritis SA
12. Polifilm Group
13. Berry Global, Inc
14. Beijing Kingpeng International Hi-Tech Corporation
15. Central Worldwide Co., Ltd
16. Thai Charoen Thong Karntor Co., Ltd
17. The Dow Chemicals Company
18. Agriplast Tech India Pvt. Ltd.
19. Lumite, Inc.
20.DutchGreenhouses
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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