Glass Substrate Market Opportunities, Forecast, Size, Competitive Analysis till 2031

Coverage: Glass Substrate Market covers analysis by Type (Borosilicate-Based Glass Substrates, Silicon-Based Glass Substrates, Ceramic-Based Glass Substrates, Fused Silica-/Quartz-Based Glass Substrates, Others); End-Use Industry (Electronics, Automotive, Medical, Aerospace and Defense, Solar Power) , and Geography (North America, Europe, Asia Pacific, and South and Central America)

  • Report Code : TIPRE00003790
  • Category : Chemicals and Materials
  • No. of Pages : 150
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Glass Substrate Market Report - (Growth and Size by 2031)

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The Glass Substrate Market is expected to register a CAGR of 7% from 2023 to 2031, with a market size expanding from US$ XX Million in 2023 to US$ XX Million by 2031.

The report is segmented by Type (Borosilicate-Based Glass Substrates, Silicon-Based Glass Substrates, Ceramic-Based Glass Substrates, Fused Silica-/Quartz-Based Glass Substrates, Others). The global analysis is further broken-down at regional level and major countries. The report further presents analysis based on End-Use Industry (Electronics, Automotive, Medical, Aerospace and Defense, Solar Power). 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 Glass Substrate 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.

Glass Substrate Market Segmentation

Type
  • Borosilicate-Based Glass Substrates
  • Silicon-Based Glass Substrates
  • Ceramic-Based Glass Substrates
  • Fused Silica-/Quartz-Based Glass Substrates
  • Others
End-Use Industry
  • Electronics
  • Automotive
  • Medical
  • Aerospace and Defense
  • Solar Power

Strategic Insights

Glass Substrate Market Growth Drivers
  • Surging Demand for Glass Substrates Driven by Mobile, TV, and OLED Technologies: The increasing use of glass substrates in displays of mobile phones, tablets, televisions, etc is the major factor fuelling the demand. The surge in the use of glass substrates has also been attributed to the growth in the use of OLED and LCD technology.
  • Advancements in Glass Substrate Technologies: Technologies related to glass substrates like better optical Glass clarity, thin glass, and flexible glass have been pushing the need for efficient substrates for the next generation of electronic gadgets with innovations such as folding screens and flexible displays.
  • The Rising Role of Glass Substrates in Smart and IoT Devices for Energy Efficiency: As smart and IoT devices have gained popularity in. Glass substrates are steadily penetrating the smart glass market, which is used in building, automobile, and electronics industries for light control and energy efficiency.
Glass Substrate Market Future Trends
  • Rising Demand for Glass Substrates Driven by OLED Displays and Flexible Electronics: With the increase in usage of organic light emitting diode or OLED displays along with flexible electronics, usage of glass substrates is bound to increase. The inclination towards bigger and flexible screens in smartphones, TVs and wearable devices is going to foster growth in the glass substrate sector.
  • IoT and Smart Homes Propel Growth of Glass Sensors and Displays in Automation: The new innovations such as walls, screens or windows in smart homes or car systems are propelled by the IoT glass markets. Global glass sensors and glass displays and touch screens are forecasted to be used as components of numerous Instumentation and Automation (I&A) IoT devices expanding the market.
  • Technological Advancements in Display Glass: Changing technologies in displays will also fuel the desire for one piece glass substrates that is not only thinner but more durable. Manufacturers are in the process of making the glass substrates thinner, lighter and flexible in order to serve the high end electronics market such as curved smart phones and clear displays.
Glass Substrate Market Opportunities
  • Advancing Flexible and Wearable Electronics: The increasing inclination towards flexible and wearable electronics opens up a window for glass substrates to ease the pursuit of new advancements that lie in creating tougher and thinner screens for smartwatches, AR glasses, foldable smartphones, and the likes. The demand for lightweight and flexible electronics will pave the way for new prospects for use of advanced glass substrates.
  • The Growing Importance of Glass Substrates in OLED and MicroLED Displays: Glass substrates are of utmost importance in the production of OLED and MicroLED displays, which have gained popularity in the production of consumer electronics, televisions, automotive displays, and so on. The evolution of such displays would necessitate more sophisticated plants, which would, in turn, translate to increased consumers of high grade glass slides with enhanced clarity and strength.
  • Growth of Solar Energy Systems: Of late, transparent, strong and lightweight glass substrates have professionally been incorporated into solar panels and photovoltaic cells fabrication. With the world increasingly turning its focus into the clean energy and sustainability, the use of glass substrates for solar energy systems is poised to grow at a high rate constituting a great growth opportunity.

Market Report Scope

Key Selling Points

  • Comprehensive Coverage: The report comprehensively covers the analysis of products, services, types, and end users of the Glass Substrate 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 Glass Substrate 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 expected CAGR of the Glass Substrate Market?

The Glass Substrate Market is estimated to witness a CAGR of 7% from 2023 to 2031

What are the driving factors impacting the glass substrate market?

Growth of electronics and display industry is driving the market growth

What are the key players operating in the glass substrate market?

Corning Incorporated
; Asahi Glass Co. (AGC)
; Samsung Electronics
; LG Chem
; Nippon Electric Glass Co., Ltd.
; Schott AG
; Borosil Glass Works
; Saint-Gobain
; Q-CELLS
; Owens Corning
; Mitsubishi Chemical Corporation
; AGC Inc.
; BOC Group
; Hanwa Co., Ltd.
; TSMC

Which is the fastest growing segment based on type?

Based on type, the silicon-based glass sustrates segment is expected to witness the fastest growth during the forecast period

Based on geography, which region held the largest share of the glass substrate market?

Based on geography, Asia Pacific held the largest share of the glass substrate market due to the well-established electronics industry across the region, coupled with continuous growth and development

What is the furture trend for glass substrate market?

Expansion of OLED and flexible displays is expected to be the key market trends

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 Glass Substrate Market - By Type
1.3.2 Glass Substrate Market - By End-Use Industry
1.3.3 Glass Substrate Market - By Region
1.3.3.1 By Country

2. KEY TAKEWAYS

3. RESEARCH METHODOLOGY

4. GLASS SUBSTRATE 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. GLASS SUBSTRATE 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. GLASS SUBSTRATE MARKET - GLOBAL MARKET ANALYSIS
6.1. GLASS SUBSTRATE - GLOBAL MARKET OVERVIEW
6.2. GLASS SUBSTRATE - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE

7. GLASS SUBSTRATE MARKET - REVENUE AND FORECASTS TO 2028 - TYPE
7.1. OVERVIEW
7.2. TYPE MARKET FORECASTS AND ANALYSIS
7.3. BOROSILICATE-BASED GLASS SUBSTRATES
7.3.1. Overview
7.3.2. Borosilicate-Based Glass Substrates Market Forecast and Analysis
7.4. SILICON-BASED GLASS SUBSTRATES
7.4.1. Overview
7.4.2. Silicon-Based Glass Substrates Market Forecast and Analysis
7.5. CERAMIC-BASED GLASS SUBSTRATES
7.5.1. Overview
7.5.2. Ceramic-Based Glass Substrates Market Forecast and Analysis
7.6. FUSED SILICA-/QUARTZ-BASED GLASS SUBSTRATES
7.6.1. Overview
7.6.2. Fused Silica-/Quartz-Based Glass Substrates Market Forecast and Analysis
7.7. OTHERS
7.7.1. Overview
7.7.2. Others Market Forecast and Analysis
8. GLASS SUBSTRATE MARKET - REVENUE AND FORECASTS TO 2028 - END-USE INDUSTRY
8.1. OVERVIEW
8.2. END-USE INDUSTRY MARKET FORECASTS AND ANALYSIS
8.3. ELECTRONICS
8.3.1. Overview
8.3.2. Electronics Market Forecast and Analysis
8.4. AUTOMOTIVE
8.4.1. Overview
8.4.2. Automotive Market Forecast and Analysis
8.5. MEDICAL
8.5.1. Overview
8.5.2. Medical Market Forecast and Analysis
8.6. AEROSPACE AND DEFENSE
8.6.1. Overview
8.6.2. Aerospace and Defense Market Forecast and Analysis
8.7. SOLAR POWER
8.7.1. Overview
8.7.2. Solar Power Market Forecast and Analysis

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

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. GLASS SUBSTRATE MARKET, KEY COMPANY PROFILES
11.1. AGC 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. CORNING INCORPORATED
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. HOYA CORPORATION
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. IRICO GROUP ELECTRONICS CO., LTD
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. LG CHEM LTD.
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. NIPPON SHEET GLASS CO., 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. OHARA INC.
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. PLAN OPTIK AG
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. SCHOTT AG
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. THE TUNGHSU GROUP
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

12. APPENDIX
12.1. ABOUT THE INSIGHT PARTNERS
12.2. GLOSSARY OF TERMS

The List of Companies

  • AGC Inc.
  • Corning Incorporated
  • Hoya Corporation
  • IRICO Group Electronics Co., Ltd
  • LG Chem Ltd.
  • Nippon Sheet Glass Co., Ltd.
  • Ohara Inc.
  • Plan Optik AG
  • Schott AG
  • The Tunghsu Group

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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