Fluorescent Materials Market Analysis, Size, Share, Growth, Trends, and Forecast by 2031

Coverage: Fluorescent Materials Market covers analysis By Product (Pigments, LED Bulbs, Paints); End users/Applications (Construction, Electronics, Medical, Automotive, Electrical) , and Geography (North America, Europe, Asia Pacific, and South and Central America)

  • Report Code : TIPRE00014016
  • Category : Chemicals and Materials
  • No. of Pages : 150
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Fluorescent Materials Market Size & CAGR (2024-2031)

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The Fluorescent Materials Market is expected to register a CAGR of 5% from 2024 to 2031, with a market size expanding from US$ XX million in 2024 to US$ XX Million by 2031.

The report presents analysis based on type (organic and inorganic). The report is segmented by application (lighting, displays, biological imaging, security marking, and others). The report is segmented by end-use industry (healthcare, electronics, security and surveillance, textiles, and others). The global analysis is further broken-down at regional level and major countries. The market size and forecast at global, regional, and country levels for all the key market segments are covered under the scope. The report offers the value in USD for the above analysis and segments. The report provides key statistics on the market status of the key market players and offers market trends and opportunities.

Purpose of the Report

The report Fluorescent Materials 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.

Fluorescent Materials Market Segmentation

Type
  • Organic and Inorganic
Application
  • Lighting
  • Displays
  • Biological Imaging
  • Security Marking
End-Use Industry
  • Healthcare
  • Electronics
  • Security and Surveillance
  • Textiles
Geography
  • North America
  • Europe
  • Asia-Pacific
  • South and Central America
  • Middle East and Africa

Strategic Insights

Fluorescent Materials Market Growth Drivers
  • Growth of Online Flower Delivery Services Driving Floriculture Market Expansion: The increasing demand for energy-saving lighting systems is one of the factors driving the growth of the fluorescent materials market. There has been a growth in the demand for compact fluorescent light (CFL) bulbs. These bulbs are more energy-efficient alternatives to traditional incandescent light bulbs.As a result, the advocacy for energy-saving bulbs is even at the level of domestic consumers. These materials are developed to be used more efficiently and have a longer lifespan, which is consistent with the current sustainability trends.
  • Convenience and Satisfaction Boosting Demand for Online Flower Purchases: Government policies and regulations on the use of energy-efficient lighting which factors in energy management. In many countries, regulations encouraging the active use of energy-efficient lighting systems have introduced fluorescent technologies. As the concern for environmental degradation rises, both domestic and commercial markets are actively considering the addition of fluorescent lighting to help comply with the law and use energy efficiently.
  • Digital Marketing and E-Commerce Expanding Market Reach for Flower Businesses: New developments in the use of fluorescent materials. These have contributed towards better working performance of fluorescent lights with respect to luminescence, the colors rendered, and all the fluorescent tube performance. This is mainly because consumers are becoming more interested in fluorescent lights as a less time-consuming and cost-effective option, leading to increased demand as more materials are produced.
Fluorescent Materials Market Future Trends
  • The Impact of OLED Technology on Demand for Fluorescent Materials: The increasing use of organic light-emitting diodes (OLEDs) in different displays and lighting has influenced the patterns of demand for fluorescent materials. With the advent of OLED technology, there is improved color quality and flexibility, and less energy consumption as compared to conventional lighting. Therefore, this change compels companies to adopt new strategies in sourcing compatible and efficient fluorescent materials to hybridize OLED applications.
  • Price Reductions and Performance Improvements Driving Fluorescent Material Demand for OLED Displays: With the increasing use of OLED displays in consumer electronics, there is also a corresponding price drop in the integration of such displays into lighting solutions. This growing trend increases the need for fluorescent materials that have performing capabilities with OLED technology for better results. Such innovative mixtures can improve brightness and color range; thus, their use enhances the appeal of the products to the target market.
  • Competition and Innovation in Fluorescent Materials to Support OLED Advancements: Furthermore, the emergence of OLEDs leads to a race among competition encouraging the development of new fluorescent materials with improved efficiency in their use. Exploring these current innovations leads to enhancements of what already exists and the discovery of new markets for fluorescent materials, such as automotive and architecture markets.
Fluorescent Materials Market Opportunities
  • Growth Potential of Quantum Dot-Containing Fluorescent Materials: Novel quantum dot-containing fluorescent materials offer immense growth potential for the growth of the fluorescent materials market. This is due to the fact that quantum dots provide outstanding brightness and emission that can be varied, hence finding application in a wide range of fields, including displays, lighting, and medical imaging. This versatility makes them even more interesting to the producers as well as the end users.
  • Quantum Dot Technology Revolutionizing Lighting and Display Industries: As industries seek more advanced lighting and display technologies, the quantum dot technology is quite transformative in the industry. These materials in turn, do not compromise energy efficiency and color accuracy as these are enhanced compared to other traditional fluorescence options. For this reason, many companies are focusing on more research and development to explore what more can be achieved with quantum dots in relation to using them in fluorescence-based applications.
  • Hybrid Solutions and Enhanced Performance with Quantum Dots in Fluorescent Systems: In addition, the incorporation of quantum dots in already existing fluorescent systems can result in better performance and additional features. This, in turn, leads to the involvement of materials scientists and manufacturers in the same project to develop a new product. This would result in the development of hybrid solutions that stimulate new marketing strategies and further enhancement in areas such as consumer products and smart illumination.

Market Report Scope

Key Selling Points

  • Comprehensive Coverage: The report comprehensively covers the analysis of products, services, types, and end users of the Fluorescent Materials 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 Fluorescent Materials 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
World Geography

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Report Coverage
Report Coverage

Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends

Segment Covered
Segment Covered

This text is related
to segments covered.

Regional Scope
Regional Scope

North America, Europe, Asia Pacific, Middle East & Africa, South & Central America

Country Scope
Country Scope

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to country scope.

Frequently Asked Questions


What is the future trend for the fluorescent materials market?

The expansion of organic light-emitting diodes (OLEDs) in displays and lighting is expected to be the key market trends.

Which is the fastest growing segment based on type?

Based on type, the organic segment is expected to witness the fastest growth during the forecast period

Based on geography, which region held the largest share of the fluorescent materials market?

Based on geography, Asia Pacific held the largest share of the fluorescent materials market due to the region's rapid industrialization and urbanization in countries such as China and India have led to increased demand for efficient lighting solutions

What are the driving factors impacting the fluorescent materials market?

The increasing demand for energy-efficient lighting solutions is driving the market growth.

What are the key players operating in the fluorescent materials market?

BASF SE; Dow Chemical Company; Nanoco Group Plc; Angstrom Technologies, Inc; Sun Chemical Corporation; Tokyo Chemical Industry Co. Ltd; DuPont; Analytik Ltd; Wacker Chemie AG; and Huntsman Corporation are some of the key players operating in the fluorescent materials market

What is the expected CAGR of the Fluorescent Materials Market?

The Fluorescent Materials Market is estimated to witness a CAGR of 5% from 2023 to 2031

TABLE OF CONTENTS

1.INTRODUCTION
1.1.SCOPE OF THE STUDY
1.2.THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3.MARKET SEGMENTATION
1.3.1Fluorescent Materials Market - By Product
1.3.2Fluorescent Materials Market - By End users/Applications
1.3.3Fluorescent Materials Market - By Region
1.3.3.1By Country

2.KEY TAKEAWAYS

3.RESEARCH METHODOLOGY

4.FLUORESCENT MATERIALS MARKET LANDSCAPE
4.1.OVERVIEW
4.2.PEST ANALYSIS
4.2.1North America - Pest Analysis
4.2.2Europe - Pest Analysis
4.2.3Asia-Pacific - Pest Analysis
4.2.4Middle East and Africa - Pest Analysis
4.2.5South and Central America - Pest Analysis
4.3.EXPERT OPINIONS

5.FLUORESCENT MATERIALS 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.FLUORESCENT MATERIALS MARKET - GLOBAL MARKET ANALYSIS
6.1.FLUORESCENT MATERIALS - GLOBAL MARKET OVERVIEW
6.2.FLUORESCENT MATERIALS - GLOBAL MARKET AND FORECAST TO 2028
6.3.MARKET POSITIONING/MARKET SHARE

7.FLUORESCENT MATERIALS MARKET - REVENUE AND FORECASTS TO 2028 " PRODUCT
7.1.OVERVIEW
7.2.PRODUCT MARKET FORECASTS AND ANALYSIS
7.3.PIGMENTS
7.3.1.Overview
7.3.2.Pigments Market Forecast and Analysis
7.4.LED BULBS
7.4.1.Overview
7.4.2.LED Bulbs Market Forecast and Analysis
7.5.PAINTS
7.5.1.Overview
7.5.2.Paints Market Forecast and Analysis
8.FLUORESCENT MATERIALS MARKET - REVENUE AND FORECASTS TO 2028 " END USERS/APPLICATIONS
8.1.OVERVIEW
8.2.END USERS/APPLICATIONS MARKET FORECASTS AND ANALYSIS
8.3.CONSTRUCTION
8.3.1.Overview
8.3.2.Construction Market Forecast and Analysis
8.4.ELECTRONICS
8.4.1.Overview
8.4.2.Electronics Market Forecast and Analysis
8.5.MEDICAL
8.5.1.Overview
8.5.2.Medical Market Forecast and Analysis
8.6.AUTOMOTIVE
8.6.1.Overview
8.6.2.Automotive Market Forecast and Analysis
8.7.ELECTRICAL
8.7.1.Overview
8.7.2.Electrical Market Forecast and Analysis

9.FLUORESCENT MATERIALS MARKET REVENUE AND FORECASTS TO 2028 " GEOGRAPHICAL ANALYSIS
9.1.NORTH AMERICA
9.1.1North America Fluorescent Materials Market Overview
9.1.2North America Fluorescent Materials Market Forecasts and Analysis
9.1.3North America Fluorescent Materials Market Forecasts and Analysis - By Product
9.1.4North America Fluorescent Materials Market Forecasts and Analysis - By End users/Applications
9.1.5North America Fluorescent Materials Market Forecasts and Analysis - By Countries
9.1.5.1United States Fluorescent Materials Market
9.1.5.1.1United States Fluorescent Materials Market by Product
9.1.5.1.2United States Fluorescent Materials Market by End users/Applications
9.1.5.2Canada Fluorescent Materials Market
9.1.5.2.1Canada Fluorescent Materials Market by Product
9.1.5.2.2Canada Fluorescent Materials Market by End users/Applications
9.1.5.3Mexico Fluorescent Materials Market
9.1.5.3.1Mexico Fluorescent Materials Market by Product
9.1.5.3.2Mexico Fluorescent Materials Market by End users/Applications
9.2.EUROPE
9.2.1Europe Fluorescent Materials Market Overview
9.2.2Europe Fluorescent Materials Market Forecasts and Analysis
9.2.3Europe Fluorescent Materials Market Forecasts and Analysis - By Product
9.2.4Europe Fluorescent Materials Market Forecasts and Analysis - By End users/Applications
9.2.5Europe Fluorescent Materials Market Forecasts and Analysis - By Countries
9.2.5.1Germany Fluorescent Materials Market
9.2.5.1.1Germany Fluorescent Materials Market by Product
9.2.5.1.2Germany Fluorescent Materials Market by End users/Applications
9.2.5.2France Fluorescent Materials Market
9.2.5.2.1France Fluorescent Materials Market by Product
9.2.5.2.2France Fluorescent Materials Market by End users/Applications
9.2.5.3Italy Fluorescent Materials Market
9.2.5.3.1Italy Fluorescent Materials Market by Product
9.2.5.3.2Italy Fluorescent Materials Market by End users/Applications
9.2.5.4United Kingdom Fluorescent Materials Market
9.2.5.4.1United Kingdom Fluorescent Materials Market by Product
9.2.5.4.2United Kingdom Fluorescent Materials Market by End users/Applications
9.2.5.5Russia Fluorescent Materials Market
9.2.5.5.1Russia Fluorescent Materials Market by Product
9.2.5.5.2Russia Fluorescent Materials Market by End users/Applications
9.2.5.6Rest of Europe Fluorescent Materials Market
9.2.5.6.1Rest of Europe Fluorescent Materials Market by Product
9.2.5.6.2Rest of Europe Fluorescent Materials Market by End users/Applications
9.3.ASIA-PACIFIC
9.3.1Asia-Pacific Fluorescent Materials Market Overview
9.3.2Asia-Pacific Fluorescent Materials Market Forecasts and Analysis
9.3.3Asia-Pacific Fluorescent Materials Market Forecasts and Analysis - By Product
9.3.4Asia-Pacific Fluorescent Materials Market Forecasts and Analysis - By End users/Applications
9.3.5Asia-Pacific Fluorescent Materials Market Forecasts and Analysis - By Countries
9.3.5.1Australia Fluorescent Materials Market
9.3.5.1.1Australia Fluorescent Materials Market by Product
9.3.5.1.2Australia Fluorescent Materials Market by End users/Applications
9.3.5.2China Fluorescent Materials Market
9.3.5.2.1China Fluorescent Materials Market by Product
9.3.5.2.2China Fluorescent Materials Market by End users/Applications
9.3.5.3India Fluorescent Materials Market
9.3.5.3.1India Fluorescent Materials Market by Product
9.3.5.3.2India Fluorescent Materials Market by End users/Applications
9.3.5.4Japan Fluorescent Materials Market
9.3.5.4.1Japan Fluorescent Materials Market by Product
9.3.5.4.2Japan Fluorescent Materials Market by End users/Applications
9.3.5.5South Korea Fluorescent Materials Market
9.3.5.5.1South Korea Fluorescent Materials Market by Product
9.3.5.5.2South Korea Fluorescent Materials Market by End users/Applications
9.3.5.6Rest of Asia-Pacific Fluorescent Materials Market
9.3.5.6.1Rest of Asia-Pacific Fluorescent Materials Market by Product
9.3.5.6.2Rest of Asia-Pacific Fluorescent Materials Market by End users/Applications
9.4.MIDDLE EAST AND AFRICA
9.4.1Middle East and Africa Fluorescent Materials Market Overview
9.4.2Middle East and Africa Fluorescent Materials Market Forecasts and Analysis
9.4.3Middle East and Africa Fluorescent Materials Market Forecasts and Analysis - By Product
9.4.4Middle East and Africa Fluorescent Materials Market Forecasts and Analysis - By End users/Applications
9.4.5Middle East and Africa Fluorescent Materials Market Forecasts and Analysis - By Countries
9.4.5.1South Africa Fluorescent Materials Market
9.4.5.1.1South Africa Fluorescent Materials Market by Product
9.4.5.1.2South Africa Fluorescent Materials Market by End users/Applications
9.4.5.2Saudi Arabia Fluorescent Materials Market
9.4.5.2.1Saudi Arabia Fluorescent Materials Market by Product
9.4.5.2.2Saudi Arabia Fluorescent Materials Market by End users/Applications
9.4.5.3U.A.E Fluorescent Materials Market
9.4.5.3.1U.A.E Fluorescent Materials Market by Product
9.4.5.3.2U.A.E Fluorescent Materials Market by End users/Applications
9.4.5.4Rest of Middle East and Africa Fluorescent Materials Market
9.4.5.4.1Rest of Middle East and Africa Fluorescent Materials Market by Product
9.4.5.4.2Rest of Middle East and Africa Fluorescent Materials Market by End users/Applications
9.5.SOUTH AND CENTRAL AMERICA
9.5.1South and Central America Fluorescent Materials Market Overview
9.5.2South and Central America Fluorescent Materials Market Forecasts and Analysis
9.5.3South and Central America Fluorescent Materials Market Forecasts and Analysis - By Product
9.5.4South and Central America Fluorescent Materials Market Forecasts and Analysis - By End users/Applications
9.5.5South and Central America Fluorescent Materials Market Forecasts and Analysis - By Countries
9.5.5.1Brazil Fluorescent Materials Market
9.5.5.1.1Brazil Fluorescent Materials Market by Product
9.5.5.1.2Brazil Fluorescent Materials Market by End users/Applications
9.5.5.2Argentina Fluorescent Materials Market
9.5.5.2.1Argentina Fluorescent Materials Market by Product
9.5.5.2.2Argentina Fluorescent Materials Market by End users/Applications
9.5.5.3Rest of South and Central America Fluorescent Materials Market
9.5.5.3.1Rest of South and Central America Fluorescent Materials Market by Product
9.5.5.3.2Rest of South and Central America Fluorescent Materials Market by End users/Applications

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.FLUORESCENT MATERIALS MARKET, KEY COMPANY PROFILES
11.1.BRILLIANT FLUORESCENT
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.DAYGLO
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.LUMINO CHEM
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.OSRAM LICHT AG
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.RADIANT COLOR
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.ROYAL PHILIPS ELECTRONICS N.V
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.SEIKO EPSON CORPORATION
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.SEOUL SEMICONDUCTOR CO. LTD
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.SOLAR COLOR DUST
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

12.APPENDIX
12.1.ABOUT THE INSIGHT PARTNERS
12.2.GLOSSARY OF TERMS
The List of Companies

1. Brilliant Fluorescent
2. DayGlo
3. Lumino Chem
4. Osram Licht AG
5. Radiant Color
6. Royal Philips Electronics N.V
7. Seiko Epson Corporation
8. Seoul Semiconductor Co. Ltd
9. Solar Color Dust

The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.

  1. 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.

  1. 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:

Research Methodology

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.

  1. 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.

  1. 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.

Your data will never be shared with third parties, however, we may send you information from time to time about our products that may be of interest to you. By submitting your details, you agree to be contacted by us. You may contact us at any time to opt-out.

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