Display Technology Market Strategies and Trends - 2031
MARKET INTRODUCTION Naveen Naveen will walk you through a 15-minute call to present the report’s content and answer all queries if you have any.
Innovations and advancements in display technology have revolutionized consumer electronics. The display technology has evolved tremendously over the years owing to the rising importance of visual advertisements and entertainment industry across the globe. Recent trends such as flexible OLED display and immersive virtual reality have resulted in the growth of OLEDs and AMOLED display technologies. The global display technology market is expected to grow simultaneously with growth in novel technologies empowering the swarm of upcoming applications and product.
MARKET DYNAMICS
The display technology market is anticipated to grow in the forecast period owing to driving factors such as developments in the field of display technology and increasing demand for electronic products. Besides, rising disposable income of the individual and demand for smartphones and wearable devices is further likely to fuel the growth of the display technology market. However, deployment of projectors, screen less displays, and other alternatives may hamper the growth of the display technology market during the forecast period. On the other hand, increasing popularity of smart wearable is expected to offer lucrative opportunities to the key players of the display technology market in the coming years.
MARKET SCOPE
The "Global Display Technology Market Analysis to 2031" is a specialized and in-depth study of the technology, media and telecommunications industry with a special focus on the global market trend analysis. The report aims to provide an overview of display technology market with detailed market segmentation by type, application, display, end-user industry, and geography. The global display technology market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading display technology market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global display technology market is segmented on the basis of type, application, display, and end-user industry. Based on type, the market is segmented as cathode ray tube, liquid crystal display, light emitting diode, plasma display panel, organic LED, and AMOLED. On the basis of the application, the market is segmented as television display, mobile display, computer/laptop display, head-mounted display, advertisement/signage display. By display, the market is segmented as conventional display, 3D display, flexible display, and transparent display. The market on the basis of the end-user is classified as automotive, consumer electronics, media and advertisement, BFSI, retail, military, industrial, and medical.
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 display technology market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The display technology 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 display technology market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South & Central America after evaluating political, economic, social and technological factors affecting the display technology market in these regions.
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The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global display technology market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The display technology 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 display technology market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South & Central America after evaluating political, economic, social and technological factors affecting the display technology market in these regions.
MARKET PLAYERS
The reports cover key developments in the display technology 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 the way for the expansion of business and customer base of market players. The market players from display technology market are anticipated to lucrative growth opportunities in the future with the rising demand for display technology in the global market. Below mentioned is the list of few companies engaged in the display technology market.
The report also includes the profiles of key display technology 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 the last three years, key developments in the past five years.
- AU Optronics Corp.
- Cambridge Display Technology Limited (Sumitomo Chemical Group Company)
- Corning Incorporated
- Japan Display Inc.
- Leia Inc.
- LG Display Co Ltd
- NEC Display Solutions, Ltd.
- Samsung SDI Co Ltd
- Sony Corporation
- Universal Display Corporation
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.
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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.
TABLE OF CONTENTS
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Display Technology Market - By Type
1.3.2 Display Technology Market - By Application
1.3.3 Display Technology Market - By Display
1.3.4 Display Technology Market - By End - User Industry
1.3.5 Display Technology Market - By Region
1.3.5.1 By Country
2. KEY TAKEWAYS
3. RESEARCH METHODOLOGY
4. DISPLAY TECHNOLOGY 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. DISPLAY TECHNOLOGY 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. DISPLAY TECHNOLOGY MARKET - GLOBAL MARKET ANALYSIS
6.1. DISPLAY TECHNOLOGY - GLOBAL MARKET OVERVIEW
6.2. DISPLAY TECHNOLOGY - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. DISPLAY TECHNOLOGY MARKET - REVENUE AND FORECASTS TO 2028 - TYPE
7.1. OVERVIEW
7.2. TYPE MARKET FORECASTS AND ANALYSIS
7.3. CATHODE RAY TUBE
7.3.1. Overview
7.3.2. Cathode Ray Tube Market Forecast and Analysis
7.4. LIQUID CRYSTAL DISPLAY
7.4.1. Overview
7.4.2. Liquid Crystal Display Market Forecast and Analysis
7.5. LIGHT EMITTING DIODE
7.5.1. Overview
7.5.2. Light Emitting Diode Market Forecast and Analysis
7.6. PLASMA DISPLAY PANEL
7.6.1. Overview
7.6.2. Plasma Display Panel Market Forecast and Analysis
7.7. ORGANIC- LED
7.7.1. Overview
7.7.2. Organic- LED Market Forecast and Analysis
7.8. AMOLED
7.8.1. Overview
7.8.2. AMOLED Market Forecast and Analysis
8. DISPLAY TECHNOLOGY MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
8.1. OVERVIEW
8.2. APPLICATION MARKET FORECASTS AND ANALYSIS
8.3. TELEVISION DISPLAY
8.3.1. Overview
8.3.2. Television Display Market Forecast and Analysis
8.4. MOBILE DISPLAY
8.4.1. Overview
8.4.2. Mobile Display Market Forecast and Analysis
8.5. COMPUTER/LAPTOP DISPLAY
8.5.1. Overview
8.5.2. Computer/Laptop Display Market Forecast and Analysis
8.6. HEAD MOUNTED DISPLAY
8.6.1. Overview
8.6.2. Head mounted Display Market Forecast and Analysis
8.7. ADVERTISEMENT/SIGNAGE DISPLAY
8.7.1. Overview
8.7.2. Advertisement/Signage Display Market Forecast and Analysis
9. DISPLAY TECHNOLOGY MARKET - REVENUE AND FORECASTS TO 2028 - DISPLAY
9.1. OVERVIEW
9.2. DISPLAY MARKET FORECASTS AND ANALYSIS
9.3. CONVENTIONAL DISPLAY
9.3.1. Overview
9.3.2. Conventional Display Market Forecast and Analysis
9.4. 3D DISPLAY
9.4.1. Overview
9.4.2. 3D Display Market Forecast and Analysis
9.5. FLEXIBLE DISPLAY
9.5.1. Overview
9.5.2. Flexible Display Market Forecast and Analysis
9.6. TRANSPARENT DISPLAY
9.6.1. Overview
9.6.2. Transparent Display Market Forecast and Analysis
10. DISPLAY TECHNOLOGY MARKET - REVENUE AND FORECASTS TO 2028 - END - USER INDUSTRY
10.1. OVERVIEW
10.2. END - USER INDUSTRY MARKET FORECASTS AND ANALYSIS
10.3. AUTOMOTIVE
10.3.1. Overview
10.3.2. Automotive Market Forecast and Analysis
10.4. CONSUMER ELECTRONICS
10.4.1. Overview
10.4.2. Consumer Electronics Market Forecast and Analysis
10.5. MEDIA AND ADVERTISEMENT
10.5.1. Overview
10.5.2. Media and Advertisement Market Forecast and Analysis
10.6. BFSI
10.6.1. Overview
10.6.2. BFSI Market Forecast and Analysis
10.7. RETAIL
10.7.1. Overview
10.7.2. Retail Market Forecast and Analysis
10.8. MILITARY
10.8.1. Overview
10.8.2. Military Market Forecast and Analysis
10.9. INDUSTRIAL
10.9.1. Overview
10.9.2. Industrial Market Forecast and Analysis
10.10. MEDICAL
10.10.1. Overview
10.10.2. Medical Market Forecast and Analysis
11. DISPLAY TECHNOLOGY MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
11.1. NORTH AMERICA
11.1.1 North America Display Technology Market Overview
11.1.2 North America Display Technology Market Forecasts and Analysis
11.1.3 North America Display Technology Market Forecasts and Analysis - By Type
11.1.4 North America Display Technology Market Forecasts and Analysis - By Application
11.1.5 North America Display Technology Market Forecasts and Analysis - By Display
11.1.6 North America Display Technology Market Forecasts and Analysis - By End - User Industry
11.1.7 North America Display Technology Market Forecasts and Analysis - By Countries
11.1.7.1 United States Display Technology Market
11.1.7.1.1 United States Display Technology Market by Type
11.1.7.1.2 United States Display Technology Market by Application
11.1.7.1.3 United States Display Technology Market by Display
11.1.7.1.4 United States Display Technology Market by End - User Industry
11.1.7.2 Canada Display Technology Market
11.1.7.2.1 Canada Display Technology Market by Type
11.1.7.2.2 Canada Display Technology Market by Application
11.1.7.2.3 Canada Display Technology Market by Display
11.1.7.2.4 Canada Display Technology Market by End - User Industry
11.1.7.3 Mexico Display Technology Market
11.1.7.3.1 Mexico Display Technology Market by Type
11.1.7.3.2 Mexico Display Technology Market by Application
11.1.7.3.3 Mexico Display Technology Market by Display
11.1.7.3.4 Mexico Display Technology Market by End - User Industry
11.2. EUROPE
11.2.1 Europe Display Technology Market Overview
11.2.2 Europe Display Technology Market Forecasts and Analysis
11.2.3 Europe Display Technology Market Forecasts and Analysis - By Type
11.2.4 Europe Display Technology Market Forecasts and Analysis - By Application
11.2.5 Europe Display Technology Market Forecasts and Analysis - By Display
11.2.6 Europe Display Technology Market Forecasts and Analysis - By End - User Industry
11.2.7 Europe Display Technology Market Forecasts and Analysis - By Countries
11.2.7.1 Germany Display Technology Market
11.2.7.1.1 Germany Display Technology Market by Type
11.2.7.1.2 Germany Display Technology Market by Application
11.2.7.1.3 Germany Display Technology Market by Display
11.2.7.1.4 Germany Display Technology Market by End - User Industry
11.2.7.2 France Display Technology Market
11.2.7.2.1 France Display Technology Market by Type
11.2.7.2.2 France Display Technology Market by Application
11.2.7.2.3 France Display Technology Market by Display
11.2.7.2.4 France Display Technology Market by End - User Industry
11.2.7.3 Italy Display Technology Market
11.2.7.3.1 Italy Display Technology Market by Type
11.2.7.3.2 Italy Display Technology Market by Application
11.2.7.3.3 Italy Display Technology Market by Display
11.2.7.3.4 Italy Display Technology Market by End - User Industry
11.2.7.4 United Kingdom Display Technology Market
11.2.7.4.1 United Kingdom Display Technology Market by Type
11.2.7.4.2 United Kingdom Display Technology Market by Application
11.2.7.4.3 United Kingdom Display Technology Market by Display
11.2.7.4.4 United Kingdom Display Technology Market by End - User Industry
11.2.7.5 Russia Display Technology Market
11.2.7.5.1 Russia Display Technology Market by Type
11.2.7.5.2 Russia Display Technology Market by Application
11.2.7.5.3 Russia Display Technology Market by Display
11.2.7.5.4 Russia Display Technology Market by End - User Industry
11.2.7.6 Rest of Europe Display Technology Market
11.2.7.6.1 Rest of Europe Display Technology Market by Type
11.2.7.6.2 Rest of Europe Display Technology Market by Application
11.2.7.6.3 Rest of Europe Display Technology Market by Display
11.2.7.6.4 Rest of Europe Display Technology Market by End - User Industry
11.3. ASIA-PACIFIC
11.3.1 Asia-Pacific Display Technology Market Overview
11.3.2 Asia-Pacific Display Technology Market Forecasts and Analysis
11.3.3 Asia-Pacific Display Technology Market Forecasts and Analysis - By Type
11.3.4 Asia-Pacific Display Technology Market Forecasts and Analysis - By Application
11.3.5 Asia-Pacific Display Technology Market Forecasts and Analysis - By Display
11.3.6 Asia-Pacific Display Technology Market Forecasts and Analysis - By End - User Industry
11.3.7 Asia-Pacific Display Technology Market Forecasts and Analysis - By Countries
11.3.7.1 Australia Display Technology Market
11.3.7.1.1 Australia Display Technology Market by Type
11.3.7.1.2 Australia Display Technology Market by Application
11.3.7.1.3 Australia Display Technology Market by Display
11.3.7.1.4 Australia Display Technology Market by End - User Industry
11.3.7.2 China Display Technology Market
11.3.7.2.1 China Display Technology Market by Type
11.3.7.2.2 China Display Technology Market by Application
11.3.7.2.3 China Display Technology Market by Display
11.3.7.2.4 China Display Technology Market by End - User Industry
11.3.7.3 India Display Technology Market
11.3.7.3.1 India Display Technology Market by Type
11.3.7.3.2 India Display Technology Market by Application
11.3.7.3.3 India Display Technology Market by Display
11.3.7.3.4 India Display Technology Market by End - User Industry
11.3.7.4 Japan Display Technology Market
11.3.7.4.1 Japan Display Technology Market by Type
11.3.7.4.2 Japan Display Technology Market by Application
11.3.7.4.3 Japan Display Technology Market by Display
11.3.7.4.4 Japan Display Technology Market by End - User Industry
11.3.7.5 South Korea Display Technology Market
11.3.7.5.1 South Korea Display Technology Market by Type
11.3.7.5.2 South Korea Display Technology Market by Application
11.3.7.5.3 South Korea Display Technology Market by Display
11.3.7.5.4 South Korea Display Technology Market by End - User Industry
11.3.7.6 Rest of Asia-Pacific Display Technology Market
11.3.7.6.1 Rest of Asia-Pacific Display Technology Market by Type
11.3.7.6.2 Rest of Asia-Pacific Display Technology Market by Application
11.3.7.6.3 Rest of Asia-Pacific Display Technology Market by Display
11.3.7.6.4 Rest of Asia-Pacific Display Technology Market by End - User Industry
11.4. MIDDLE EAST AND AFRICA
11.4.1 Middle East and Africa Display Technology Market Overview
11.4.2 Middle East and Africa Display Technology Market Forecasts and Analysis
11.4.3 Middle East and Africa Display Technology Market Forecasts and Analysis - By Type
11.4.4 Middle East and Africa Display Technology Market Forecasts and Analysis - By Application
11.4.5 Middle East and Africa Display Technology Market Forecasts and Analysis - By Display
11.4.6 Middle East and Africa Display Technology Market Forecasts and Analysis - By End - User Industry
11.4.7 Middle East and Africa Display Technology Market Forecasts and Analysis - By Countries
11.4.7.1 South Africa Display Technology Market
11.4.7.1.1 South Africa Display Technology Market by Type
11.4.7.1.2 South Africa Display Technology Market by Application
11.4.7.1.3 South Africa Display Technology Market by Display
11.4.7.1.4 South Africa Display Technology Market by End - User Industry
11.4.7.2 Saudi Arabia Display Technology Market
11.4.7.2.1 Saudi Arabia Display Technology Market by Type
11.4.7.2.2 Saudi Arabia Display Technology Market by Application
11.4.7.2.3 Saudi Arabia Display Technology Market by Display
11.4.7.2.4 Saudi Arabia Display Technology Market by End - User Industry
11.4.7.3 U.A.E Display Technology Market
11.4.7.3.1 U.A.E Display Technology Market by Type
11.4.7.3.2 U.A.E Display Technology Market by Application
11.4.7.3.3 U.A.E Display Technology Market by Display
11.4.7.3.4 U.A.E Display Technology Market by End - User Industry
11.4.7.4 Rest of Middle East and Africa Display Technology Market
11.4.7.4.1 Rest of Middle East and Africa Display Technology Market by Type
11.4.7.4.2 Rest of Middle East and Africa Display Technology Market by Application
11.4.7.4.3 Rest of Middle East and Africa Display Technology Market by Display
11.4.7.4.4 Rest of Middle East and Africa Display Technology Market by End - User Industry
11.5. SOUTH AND CENTRAL AMERICA
11.5.1 South and Central America Display Technology Market Overview
11.5.2 South and Central America Display Technology Market Forecasts and Analysis
11.5.3 South and Central America Display Technology Market Forecasts and Analysis - By Type
11.5.4 South and Central America Display Technology Market Forecasts and Analysis - By Application
11.5.5 South and Central America Display Technology Market Forecasts and Analysis - By Display
11.5.6 South and Central America Display Technology Market Forecasts and Analysis - By End - User Industry
11.5.7 South and Central America Display Technology Market Forecasts and Analysis - By Countries
11.5.7.1 Brazil Display Technology Market
11.5.7.1.1 Brazil Display Technology Market by Type
11.5.7.1.2 Brazil Display Technology Market by Application
11.5.7.1.3 Brazil Display Technology Market by Display
11.5.7.1.4 Brazil Display Technology Market by End - User Industry
11.5.7.2 Argentina Display Technology Market
11.5.7.2.1 Argentina Display Technology Market by Type
11.5.7.2.2 Argentina Display Technology Market by Application
11.5.7.2.3 Argentina Display Technology Market by Display
11.5.7.2.4 Argentina Display Technology Market by End - User Industry
11.5.7.3 Rest of South and Central America Display Technology Market
11.5.7.3.1 Rest of South and Central America Display Technology Market by Type
11.5.7.3.2 Rest of South and Central America Display Technology Market by Application
11.5.7.3.3 Rest of South and Central America Display Technology Market by Display
11.5.7.3.4 Rest of South and Central America Display Technology Market by End - User Industry
12. INDUSTRY LANDSCAPE
12.1. MERGERS AND ACQUISITIONS
12.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
12.3. NEW PRODUCT LAUNCHES
12.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
13. DISPLAY TECHNOLOGY MARKET, KEY COMPANY PROFILES
13.1. AU OPTRONICS CORP.
13.1.1. Key Facts
13.1.2. Business Description
13.1.3. Products and Services
13.1.4. Financial Overview
13.1.5. SWOT Analysis
13.1.6. Key Developments
13.2. CAMBRIDGE DISPLAY TECHNOLOGY LIMITED (SUMITOMO CHEMICAL GROUP COMPANY)
13.2.1. Key Facts
13.2.2. Business Description
13.2.3. Products and Services
13.2.4. Financial Overview
13.2.5. SWOT Analysis
13.2.6. Key Developments
13.3. CORNING INCORPORATED
13.3.1. Key Facts
13.3.2. Business Description
13.3.3. Products and Services
13.3.4. Financial Overview
13.3.5. SWOT Analysis
13.3.6. Key Developments
13.4. JAPAN DISPLAY INC.
13.4.1. Key Facts
13.4.2. Business Description
13.4.3. Products and Services
13.4.4. Financial Overview
13.4.5. SWOT Analysis
13.4.6. Key Developments
13.5. LEIA INC.
13.5.1. Key Facts
13.5.2. Business Description
13.5.3. Products and Services
13.5.4. Financial Overview
13.5.5. SWOT Analysis
13.5.6. Key Developments
13.6. LG DISPLAY CO LTD
13.6.1. Key Facts
13.6.2. Business Description
13.6.3. Products and Services
13.6.4. Financial Overview
13.6.5. SWOT Analysis
13.6.6. Key Developments
13.7. NEC DISPLAY SOLUTIONS, LTD.
13.7.1. Key Facts
13.7.2. Business Description
13.7.3. Products and Services
13.7.4. Financial Overview
13.7.5. SWOT Analysis
13.7.6. Key Developments
13.8. SAMSUNG SDI CO LTD
13.8.1. Key Facts
13.8.2. Business Description
13.8.3. Products and Services
13.8.4. Financial Overview
13.8.5. SWOT Analysis
13.8.6. Key Developments
13.9. SONY CORPORATION
13.9.1. Key Facts
13.9.2. Business Description
13.9.3. Products and Services
13.9.4. Financial Overview
13.9.5. SWOT Analysis
13.9.6. Key Developments
13.10. UNIVERSAL DISPLAY CORPORATION
13.10.1. Key Facts
13.10.2. Business Description
13.10.3. Products and Services
13.10.4. Financial Overview
13.10.5. SWOT Analysis
13.10.6. Key Developments
14. APPENDIX
14.1. ABOUT THE INSIGHT PARTNERS
14.2. GLOSSARY OF TERMS
The List of Companies
1. AU Optronics Corp.
2. Cambridge Display Technology Limited (Sumitomo Chemical Group Company)
3. Corning Incorporated
4. Japan Display Inc.
5. Leia Inc.
6. LG Display Co Ltd
7. NEC Display Solutions, Ltd.
8. Samsung SDI Co Ltd
9. Sony Corporation
10. Universal Display 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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