Low-Carbon Propulsion Market Strategies and Share 2031
Technological progressions to advance the emission standards by conventional conversions of vehicles is driving the low carbon propulsion market growth. The increasing demand for fuel efficiency in commercial vehicles is also boosting the market growth for low-carbon propulsions.
MARKET DYNAMICS
The increasing demand for energy-efficient transport and emission-free vehicles is one of the major factors driving the growth of the low carbon propulsion market. Moreover, government support for zero-emission technologies is anticipated to boost the growth of the market.
MARKET SCOPE
The "Global Low-Carbon Propulsion Market Analysis to 2031" is a specialized and in-depth study of the low-carbon propulsion market with a special focus on the global market trend analysis. The report aims to provide an overview of low-carbon propulsion market with detailed market segmentation by fuel type, mode, vehicle type, electric vehicle. The global low-carbon propulsion market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading low-carbon propulsion market players and offers key trends and opportunities in the low-carbon propulsion market.
MARKET SEGMENTATION
The global low-carbon propulsion market is segmented on the basis of fuel type, mode, vehicle type, electric vehicle. On the basis of fuel type, the market is segmented as compressed natural gas (CNG), liquefied natural gas (LNG), ethanol, hydrogen, electric. On the basis of mode, the market is segmented as rail, road. On the basis of vehicle type, the market is segmented as heavy-duty, light-duty. On the basis of electric vehicle, the market is segmented as electric passenger car, electric bus, electric two-wheeler, electric off-highway
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global low-carbon propulsion market based on various segments. It also provides market size and forecast estimates from year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The low-carbon propulsion market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
`The report analyzes factors affecting low-carbon propulsion market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the low-carbon propulsion 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 overview and forecast of the global low-carbon propulsion market based on various segments. It also provides market size and forecast estimates from year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The low-carbon propulsion market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
`The report analyzes factors affecting low-carbon propulsion market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the low-carbon propulsion market in these regions.
MARKET PLAYERS
The reports cover key developments in the low-carbon propulsion 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 way for expansion of business and customer base of market players. The market players from low-carbon propulsion market are anticipated to lucrative growth opportunities in the future with the rising demand for low-carbon propulsion market. Below mentioned is the list of few companies engaged in the low-carbon propulsion market.
The report also includes the profiles of key low-carbon propulsion market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
- Alstom
- Bombardier
- BYD Auto Co., Ltd.
- Honda Motor Co., Ltd
- Hyundai Motor Company
- MAN SE
- Nissan Motor Company, Ltd
- Siemens Energy
- TOYOTA MOTOR CORPORATION
- YUTONG
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
1.3.1Low-Carbon Propulsion Market - By Fuel Type
1.3.2Low-Carbon Propulsion Market - By Mode
1.3.3Low-Carbon Propulsion Market - By Vehicle Type
1.3.4Low-Carbon Propulsion Market - By Electric Vehicle
1.3.5Low-Carbon Propulsion Market - By Region
1.3.5.1By Country
2.KEY TAKEAWAYS
3.RESEARCH METHODOLOGY
4.LOW-CARBON PROPULSION 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.ECOSYSTEM ANALYSIS
4.4.EXPERT OPINIONS
5.LOW-CARBON PROPULSION 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.LOW-CARBON PROPULSION MARKET - GLOBAL MARKET ANALYSIS
6.1.LOW-CARBON PROPULSION - GLOBAL MARKET OVERVIEW
6.2.LOW-CARBON PROPULSION - GLOBAL MARKET AND FORECAST TO 2028
6.3.MARKET POSITIONING/MARKET SHARE
7.LOW-CARBON PROPULSION MARKET - REVENUE AND FORECASTS TO 2028 - FUEL TYPE
7.1.OVERVIEW
7.2.FUEL TYPE MARKET FORECASTS AND ANALYSIS
7.3.COMPRESSED NATURAL GAS (CNG)
7.3.1.Overview
7.3.2.Compressed Natural Gas (CNG) Market Forecast and Analysis
7.4.LIQUEFIED NATURAL GAS (LNG)
7.4.1.Overview
7.4.2.Liquefied Natural Gas (LNG) Market Forecast and Analysis
7.5.ETHANOL
7.5.1.Overview
7.5.2.Ethanol Market Forecast and Analysis
7.6.HYDROGEN
7.6.1.Overview
7.6.2.Hydrogen Market Forecast and Analysis
7.7.ELECTRIC
7.7.1.Overview
7.7.2.Electric Market Forecast and Analysis
8.LOW-CARBON PROPULSION MARKET - REVENUE AND FORECASTS TO 2028 - MODE
8.1.OVERVIEW
8.2.MODE MARKET FORECASTS AND ANALYSIS
8.3.RAIL
8.3.1.Overview
8.3.2.Rail Market Forecast and Analysis
8.4.ROAD
8.4.1.Overview
8.4.2.Road Market Forecast and Analysis
9.LOW-CARBON PROPULSION MARKET - REVENUE AND FORECASTS TO 2028 - VEHICLE TYPE
9.1.OVERVIEW
9.2.VEHICLE TYPE MARKET FORECASTS AND ANALYSIS
9.3.HEAVY-DUTY
9.3.1.Overview
9.3.2.Heavy-Duty Market Forecast and Analysis
9.4.LIGHT-DUTY
9.4.1.Overview
9.4.2.Light-Duty Market Forecast and Analysis
10.LOW-CARBON PROPULSION MARKET - REVENUE AND FORECASTS TO 2028 - ELECTRIC VEHICLE
10.1.OVERVIEW
10.2.ELECTRIC VEHICLE MARKET FORECASTS AND ANALYSIS
10.3.ELECTRIC PASSENGER CAR
10.3.1.Overview
10.3.2.Electric Passenger Car Market Forecast and Analysis
10.4.ELECTRIC BUS
10.4.1.Overview
10.4.2.Electric Bus Market Forecast and Analysis
10.5.ELECTRIC TWO-WHEELER
10.5.1.Overview
10.5.2.Electric Two-Wheeler Market Forecast and Analysis
10.6.ELECTRIC OFF-HIGHWAY
10.6.1.Overview
10.6.2.Electric Off-Highway Market Forecast and Analysis
11.LOW-CARBON PROPULSION MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
11.1.NORTH AMERICA
11.1.1North America Low-Carbon Propulsion Market Overview
11.1.2North America Low-Carbon Propulsion Market Forecasts and Analysis
11.1.3North America Low-Carbon Propulsion Market Forecasts and Analysis - By Fuel Type
11.1.4North America Low-Carbon Propulsion Market Forecasts and Analysis - By Mode
11.1.5North America Low-Carbon Propulsion Market Forecasts and Analysis - By Vehicle Type
11.1.6North America Low-Carbon Propulsion Market Forecasts and Analysis - By Electric Vehicle
11.1.7North America Low-Carbon Propulsion Market Forecasts and Analysis - By Countries
11.1.7.1United States Low-Carbon Propulsion Market
11.1.7.1.1United States Low-Carbon Propulsion Market by Fuel Type
11.1.7.1.2United States Low-Carbon Propulsion Market by Mode
11.1.7.1.3United States Low-Carbon Propulsion Market by Vehicle Type
11.1.7.1.4United States Low-Carbon Propulsion Market by Electric Vehicle
11.1.7.2Canada Low-Carbon Propulsion Market
11.1.7.2.1Canada Low-Carbon Propulsion Market by Fuel Type
11.1.7.2.2Canada Low-Carbon Propulsion Market by Mode
11.1.7.2.3Canada Low-Carbon Propulsion Market by Vehicle Type
11.1.7.2.4Canada Low-Carbon Propulsion Market by Electric Vehicle
11.1.7.3Mexico Low-Carbon Propulsion Market
11.1.7.3.1Mexico Low-Carbon Propulsion Market by Fuel Type
11.1.7.3.2Mexico Low-Carbon Propulsion Market by Mode
11.1.7.3.3Mexico Low-Carbon Propulsion Market by Vehicle Type
11.1.7.3.4Mexico Low-Carbon Propulsion Market by Electric Vehicle
11.2.EUROPE
11.2.1Europe Low-Carbon Propulsion Market Overview
11.2.2Europe Low-Carbon Propulsion Market Forecasts and Analysis
11.2.3Europe Low-Carbon Propulsion Market Forecasts and Analysis - By Fuel Type
11.2.4Europe Low-Carbon Propulsion Market Forecasts and Analysis - By Mode
11.2.5Europe Low-Carbon Propulsion Market Forecasts and Analysis - By Vehicle Type
11.2.6Europe Low-Carbon Propulsion Market Forecasts and Analysis - By Electric Vehicle
11.2.7Europe Low-Carbon Propulsion Market Forecasts and Analysis - By Countries
11.2.7.1Germany Low-Carbon Propulsion Market
11.2.7.1.1Germany Low-Carbon Propulsion Market by Fuel Type
11.2.7.1.2Germany Low-Carbon Propulsion Market by Mode
11.2.7.1.3Germany Low-Carbon Propulsion Market by Vehicle Type
11.2.7.1.4Germany Low-Carbon Propulsion Market by Electric Vehicle
11.2.7.2France Low-Carbon Propulsion Market
11.2.7.2.1France Low-Carbon Propulsion Market by Fuel Type
11.2.7.2.2France Low-Carbon Propulsion Market by Mode
11.2.7.2.3France Low-Carbon Propulsion Market by Vehicle Type
11.2.7.2.4France Low-Carbon Propulsion Market by Electric Vehicle
11.2.7.3Italy Low-Carbon Propulsion Market
11.2.7.3.1Italy Low-Carbon Propulsion Market by Fuel Type
11.2.7.3.2Italy Low-Carbon Propulsion Market by Mode
11.2.7.3.3Italy Low-Carbon Propulsion Market by Vehicle Type
11.2.7.3.4Italy Low-Carbon Propulsion Market by Electric Vehicle
11.2.7.4United Kingdom Low-Carbon Propulsion Market
11.2.7.4.1United Kingdom Low-Carbon Propulsion Market by Fuel Type
11.2.7.4.2United Kingdom Low-Carbon Propulsion Market by Mode
11.2.7.4.3United Kingdom Low-Carbon Propulsion Market by Vehicle Type
11.2.7.4.4United Kingdom Low-Carbon Propulsion Market by Electric Vehicle
11.2.7.5Russia Low-Carbon Propulsion Market
11.2.7.5.1Russia Low-Carbon Propulsion Market by Fuel Type
11.2.7.5.2Russia Low-Carbon Propulsion Market by Mode
11.2.7.5.3Russia Low-Carbon Propulsion Market by Vehicle Type
11.2.7.5.4Russia Low-Carbon Propulsion Market by Electric Vehicle
11.2.7.6Rest of Europe Low-Carbon Propulsion Market
11.2.7.6.1Rest of Europe Low-Carbon Propulsion Market by Fuel Type
11.2.7.6.2Rest of Europe Low-Carbon Propulsion Market by Mode
11.2.7.6.3Rest of Europe Low-Carbon Propulsion Market by Vehicle Type
11.2.7.6.4Rest of Europe Low-Carbon Propulsion Market by Electric Vehicle
11.3.ASIA-PACIFIC
11.3.1Asia-Pacific Low-Carbon Propulsion Market Overview
11.3.2Asia-Pacific Low-Carbon Propulsion Market Forecasts and Analysis
11.3.3Asia-Pacific Low-Carbon Propulsion Market Forecasts and Analysis - By Fuel Type
11.3.4Asia-Pacific Low-Carbon Propulsion Market Forecasts and Analysis - By Mode
11.3.5Asia-Pacific Low-Carbon Propulsion Market Forecasts and Analysis - By Vehicle Type
11.3.6Asia-Pacific Low-Carbon Propulsion Market Forecasts and Analysis - By Electric Vehicle
11.3.7Asia-Pacific Low-Carbon Propulsion Market Forecasts and Analysis - By Countries
11.3.7.1Australia Low-Carbon Propulsion Market
11.3.7.1.1Australia Low-Carbon Propulsion Market by Fuel Type
11.3.7.1.2Australia Low-Carbon Propulsion Market by Mode
11.3.7.1.3Australia Low-Carbon Propulsion Market by Vehicle Type
11.3.7.1.4Australia Low-Carbon Propulsion Market by Electric Vehicle
11.3.7.2China Low-Carbon Propulsion Market
11.3.7.2.1China Low-Carbon Propulsion Market by Fuel Type
11.3.7.2.2China Low-Carbon Propulsion Market by Mode
11.3.7.2.3China Low-Carbon Propulsion Market by Vehicle Type
11.3.7.2.4China Low-Carbon Propulsion Market by Electric Vehicle
11.3.7.3India Low-Carbon Propulsion Market
11.3.7.3.1India Low-Carbon Propulsion Market by Fuel Type
11.3.7.3.2India Low-Carbon Propulsion Market by Mode
11.3.7.3.3India Low-Carbon Propulsion Market by Vehicle Type
11.3.7.3.4India Low-Carbon Propulsion Market by Electric Vehicle
11.3.7.4Japan Low-Carbon Propulsion Market
11.3.7.4.1Japan Low-Carbon Propulsion Market by Fuel Type
11.3.7.4.2Japan Low-Carbon Propulsion Market by Mode
11.3.7.4.3Japan Low-Carbon Propulsion Market by Vehicle Type
11.3.7.4.4Japan Low-Carbon Propulsion Market by Electric Vehicle
11.3.7.5South Korea Low-Carbon Propulsion Market
11.3.7.5.1South Korea Low-Carbon Propulsion Market by Fuel Type
11.3.7.5.2South Korea Low-Carbon Propulsion Market by Mode
11.3.7.5.3South Korea Low-Carbon Propulsion Market by Vehicle Type
11.3.7.5.4South Korea Low-Carbon Propulsion Market by Electric Vehicle
11.3.7.6Rest of Asia-Pacific Low-Carbon Propulsion Market
11.3.7.6.1Rest of Asia-Pacific Low-Carbon Propulsion Market by Fuel Type
11.3.7.6.2Rest of Asia-Pacific Low-Carbon Propulsion Market by Mode
11.3.7.6.3Rest of Asia-Pacific Low-Carbon Propulsion Market by Vehicle Type
11.3.7.6.4Rest of Asia-Pacific Low-Carbon Propulsion Market by Electric Vehicle
11.4.MIDDLE EAST AND AFRICA
11.4.1Middle East and Africa Low-Carbon Propulsion Market Overview
11.4.2Middle East and Africa Low-Carbon Propulsion Market Forecasts and Analysis
11.4.3Middle East and Africa Low-Carbon Propulsion Market Forecasts and Analysis - By Fuel Type
11.4.4Middle East and Africa Low-Carbon Propulsion Market Forecasts and Analysis - By Mode
11.4.5Middle East and Africa Low-Carbon Propulsion Market Forecasts and Analysis - By Vehicle Type
11.4.6Middle East and Africa Low-Carbon Propulsion Market Forecasts and Analysis - By Electric Vehicle
11.4.7Middle East and Africa Low-Carbon Propulsion Market Forecasts and Analysis - By Countries
11.4.7.1South Africa Low-Carbon Propulsion Market
11.4.7.1.1South Africa Low-Carbon Propulsion Market by Fuel Type
11.4.7.1.2South Africa Low-Carbon Propulsion Market by Mode
11.4.7.1.3South Africa Low-Carbon Propulsion Market by Vehicle Type
11.4.7.1.4South Africa Low-Carbon Propulsion Market by Electric Vehicle
11.4.7.2Saudi Arabia Low-Carbon Propulsion Market
11.4.7.2.1Saudi Arabia Low-Carbon Propulsion Market by Fuel Type
11.4.7.2.2Saudi Arabia Low-Carbon Propulsion Market by Mode
11.4.7.2.3Saudi Arabia Low-Carbon Propulsion Market by Vehicle Type
11.4.7.2.4Saudi Arabia Low-Carbon Propulsion Market by Electric Vehicle
11.4.7.3U.A.E Low-Carbon Propulsion Market
11.4.7.3.1U.A.E Low-Carbon Propulsion Market by Fuel Type
11.4.7.3.2U.A.E Low-Carbon Propulsion Market by Mode
11.4.7.3.3U.A.E Low-Carbon Propulsion Market by Vehicle Type
11.4.7.3.4U.A.E Low-Carbon Propulsion Market by Electric Vehicle
11.4.7.4Rest of Middle East and Africa Low-Carbon Propulsion Market
11.4.7.4.1Rest of Middle East and Africa Low-Carbon Propulsion Market by Fuel Type
11.4.7.4.2Rest of Middle East and Africa Low-Carbon Propulsion Market by Mode
11.4.7.4.3Rest of Middle East and Africa Low-Carbon Propulsion Market by Vehicle Type
11.4.7.4.4Rest of Middle East and Africa Low-Carbon Propulsion Market by Electric Vehicle
11.5.SOUTH AND CENTRAL AMERICA
11.5.1South and Central America Low-Carbon Propulsion Market Overview
11.5.2South and Central America Low-Carbon Propulsion Market Forecasts and Analysis
11.5.3South and Central America Low-Carbon Propulsion Market Forecasts and Analysis - By Fuel Type
11.5.4South and Central America Low-Carbon Propulsion Market Forecasts and Analysis - By Mode
11.5.5South and Central America Low-Carbon Propulsion Market Forecasts and Analysis - By Vehicle Type
11.5.6South and Central America Low-Carbon Propulsion Market Forecasts and Analysis - By Electric Vehicle
11.5.7South and Central America Low-Carbon Propulsion Market Forecasts and Analysis - By Countries
11.5.7.1Brazil Low-Carbon Propulsion Market
11.5.7.1.1Brazil Low-Carbon Propulsion Market by Fuel Type
11.5.7.1.2Brazil Low-Carbon Propulsion Market by Mode
11.5.7.1.3Brazil Low-Carbon Propulsion Market by Vehicle Type
11.5.7.1.4Brazil Low-Carbon Propulsion Market by Electric Vehicle
11.5.7.2Argentina Low-Carbon Propulsion Market
11.5.7.2.1Argentina Low-Carbon Propulsion Market by Fuel Type
11.5.7.2.2Argentina Low-Carbon Propulsion Market by Mode
11.5.7.2.3Argentina Low-Carbon Propulsion Market by Vehicle Type
11.5.7.2.4Argentina Low-Carbon Propulsion Market by Electric Vehicle
11.5.7.3Rest of South and Central America Low-Carbon Propulsion Market
11.5.7.3.1Rest of South and Central America Low-Carbon Propulsion Market by Fuel Type
11.5.7.3.2Rest of South and Central America Low-Carbon Propulsion Market by Mode
11.5.7.3.3Rest of South and Central America Low-Carbon Propulsion Market by Vehicle Type
11.5.7.3.4Rest of South and Central America Low-Carbon Propulsion Market by Electric Vehicle
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.LOW-CARBON PROPULSION MARKET, KEY COMPANY PROFILES
13.1.ALSTOM
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.BOMBARDIER
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.BYD AUTO CO., LTD.
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.HONDA MOTOR CO., LTD
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.HYUNDAI MOTOR COMPANY
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.MAN SE
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.NISSAN MOTOR COMPANY, 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.SIEMENS ENERGY
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.TOYOTA MOTOR 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.YUTONG
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
1. Alstom
2. Bombardier
3. BYD Auto Co., Ltd.
4. Honda Motor Co., Ltd
5. Hyundai Motor Company
6. MAN SE
7. Nissan Motor Company, Ltd
8. Siemens Energy
9. TOYOTA MOTOR CORPORATION
10. YUTONG
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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