Metal Forming Market Developments by 2031
Metal forming is a manufacturing process in which force is applied on raw material such that stresses induced in the material are greater than yield stress and less than ultimate stress. The workpiece is reshaped without adding or removing material, and its mass remains unchanged. Forming operates on the materials science principle of plastic deformation, where the physical shape of a material is permanently deformed.
MARKET DYNAMICS
The Metal forming market is heavily influenced by driving factors such as increasing need for prevention of theft, growing need for tracking shipment in the real-time scenario, increase in demand for Metal forming from transport, logistic & aerospace industry and integration of big data platforms and IoT with Metal forming in various devices boosts the market growth. However, the high installation costs of RFID system and device Interoperability is impacting negatively on the growth of RFID tag market in the current market scenario.
MARKET SCOPE
The "Global metal forming market analysis to 2031" is a specialized and in-depth study of the electronics and semiconductors industry with a special focus on the global metal forming market trend analysis. The report aims to provide an overview of the metal forming market with detailed market segmentation by forming type, application, material type, vehicle type and by techniques. The global metal forming market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading metal forming market players and offers key trends and opportunities in the metal forming market.
MARKET SEGMENTATION
The global metal forming market is segmented on the basis of forming type, application, material type, vehicle type and by techniques. Based on forming type the market is segmented as cold forming and hot forming. Based on the application the market is segmented as BIW, chassis and closures. On the basis of material type the market is segmented as steel and aluminium.Based on the vehicle type the market is segmented as passenger car, light commercial vehicle, truck and bus.On the basis of techniques the market is segmented as roll forming, stretch forming, deep drawing, stamping and hydroforming.
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 metal forming 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 & Central America. The metal forming 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 Metal forming 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 & Central America after evaluating political, economic, social and technological factors effecting the metal forming market in these regions.
Have a question?
Naveen
Naveen will walk you through a 15-minute call to present the report’s content and answer all queries if you have any.
Speak to Analyst- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global metal forming 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 & Central America. The metal forming 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 Metal forming 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 & Central America after evaluating political, economic, social and technological factors effecting the metal forming market in these regions.
MARKET PLAYERS
The reports cover key developments in the metal forming 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 payers from metal forming market are anticipated to lucrative growth opportunities in the future with the rising demand for metal forming in the global market. Below mentioned is the list of few companies engaged in the metal forming market.
The report also includes the profiles of key metal forming companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, products and services offered, financial information of last 3 years, key development in past five years.
- AISIN SEIKI Co., Ltd
- BENTELER International
- CIE Automotive
- Hirotec Corporation
- Magna International Inc.
- MILLS PRODUCTS
- Superform Aluminium
- Tower International
- TOYOTA BOSHOKU CORPORATION
- VNT Automotive GmbH
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
1.3.1Metal Forming Market - By Forming Type
1.3.2Metal Forming Market - By Application
1.3.3Metal Forming Market - By Material Type
1.3.4Metal Forming Market - By Vehicle Type
1.3.5Metal Forming Market - By Techniques
1.3.6Metal Forming Market - By Region
1.3.6.1By Country
2.KEY TAKEWAYS
3.RESEARCH METHODOLOGY
4.METAL FORMING 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.METAL FORMING 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.METAL FORMING MARKET - GLOBAL MARKET ANALYSIS
6.1.METAL FORMING - GLOBAL MARKET OVERVIEW
6.2.METAL FORMING - GLOBAL MARKET AND FORECAST TO 2028
6.3.MARKET POSITIONING/MARKET SHARE
7.METAL FORMING MARKET - REVENUE AND FORECASTS TO 2028 - FORMING TYPE
7.1.OVERVIEW
7.2.FORMING TYPE MARKET FORECASTS AND ANALYSIS
7.3.COLD FORMING
7.3.1.Overview
7.3.2.Cold Forming Market Forecast and Analysis
7.4.HOT FORMING
7.4.1.Overview
7.4.2.Hot Forming Market Forecast and Analysis
8.METAL FORMING MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
8.1.OVERVIEW
8.2.APPLICATION MARKET FORECASTS AND ANALYSIS
8.3.BIW
8.3.1.Overview
8.3.2.BIW Market Forecast and Analysis
8.4.CHASSIS
8.4.1.Overview
8.4.2.Chassis Market Forecast and Analysis
8.5.CLOSURES
8.5.1.Overview
8.5.2.Closures Market Forecast and Analysis
9.METAL FORMING MARKET - REVENUE AND FORECASTS TO 2028 - MATERIAL TYPE
9.1.OVERVIEW
9.2.MATERIAL TYPE MARKET FORECASTS AND ANALYSIS
9.3.STEEL
9.3.1.Overview
9.3.2.Steel Market Forecast and Analysis
9.4.ALUMINUM
9.4.1.Overview
9.4.2.Aluminum Market Forecast and Analysis
10.METAL FORMING MARKET - REVENUE AND FORECASTS TO 2028 - VEHICLE TYPE
10.1.OVERVIEW
10.2.VEHICLE TYPE MARKET FORECASTS AND ANALYSIS
10.3.PASSENGER CAR
10.3.1.Overview
10.3.2.Passenger Car Market Forecast and Analysis
10.4.LIGHT COMMERCIAL VEHICLE
10.4.1.Overview
10.4.2.Light Commercial Vehicle Market Forecast and Analysis
10.5.TRUCK
10.5.1.Overview
10.5.2.Truck Market Forecast and Analysis
10.6.BUS
10.6.1.Overview
10.6.2.Bus Market Forecast and Analysis
11.METAL FORMING MARKET - REVENUE AND FORECASTS TO 2028 - TECHNIQUES
11.1.OVERVIEW
11.2.TECHNIQUES MARKET FORECASTS AND ANALYSIS
11.3.ROLL FORMING
11.3.1.Overview
11.3.2.Roll Forming Market Forecast and Analysis
11.4.STRETCH FORMING
11.4.1.Overview
11.4.2.Stretch Forming Market Forecast and Analysis
11.5.DEEP DRAWING
11.5.1.Overview
11.5.2.Deep Drawing Market Forecast and Analysis
11.6.STAMPING
11.6.1.Overview
11.6.2.Stamping Market Forecast and Analysis
11.7.HYDROFORMING
11.7.1.Overview
11.7.2.Hydroforming Market Forecast and Analysis
12.METAL FORMING MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
12.1.NORTH AMERICA
12.1.1North America Metal Forming Market Overview
12.1.2North America Metal Forming Market Forecasts and Analysis
12.1.3North America Metal Forming Market Forecasts and Analysis - By Forming Type
12.1.4North America Metal Forming Market Forecasts and Analysis - By Application
12.1.5North America Metal Forming Market Forecasts and Analysis - By Material Type
12.1.6North America Metal Forming Market Forecasts and Analysis - By Vehicle Type
12.1.7North America Metal Forming Market Forecasts and Analysis - By Techniques
12.1.8North America Metal Forming Market Forecasts and Analysis - By Countries
12.1.8.1United States Metal Forming Market
12.1.8.1.1United States Metal Forming Market by Forming Type
12.1.8.1.2United States Metal Forming Market by Application
12.1.8.1.3United States Metal Forming Market by Material Type
12.1.8.1.4United States Metal Forming Market by Vehicle Type
12.1.8.1.5United States Metal Forming Market by Techniques
12.1.8.2Canada Metal Forming Market
12.1.8.2.1Canada Metal Forming Market by Forming Type
12.1.8.2.2Canada Metal Forming Market by Application
12.1.8.2.3Canada Metal Forming Market by Material Type
12.1.8.2.4Canada Metal Forming Market by Vehicle Type
12.1.8.2.5Canada Metal Forming Market by Techniques
12.1.8.3Mexico Metal Forming Market
12.1.8.3.1Mexico Metal Forming Market by Forming Type
12.1.8.3.2Mexico Metal Forming Market by Application
12.1.8.3.3Mexico Metal Forming Market by Material Type
12.1.8.3.4Mexico Metal Forming Market by Vehicle Type
12.1.8.3.5Mexico Metal Forming Market by Techniques
12.2.EUROPE
12.2.1Europe Metal Forming Market Overview
12.2.2Europe Metal Forming Market Forecasts and Analysis
12.2.3Europe Metal Forming Market Forecasts and Analysis - By Forming Type
12.2.4Europe Metal Forming Market Forecasts and Analysis - By Application
12.2.5Europe Metal Forming Market Forecasts and Analysis - By Material Type
12.2.6Europe Metal Forming Market Forecasts and Analysis - By Vehicle Type
12.2.7Europe Metal Forming Market Forecasts and Analysis - By Techniques
12.2.8Europe Metal Forming Market Forecasts and Analysis - By Countries
12.2.8.1Germany Metal Forming Market
12.2.8.1.1Germany Metal Forming Market by Forming Type
12.2.8.1.2Germany Metal Forming Market by Application
12.2.8.1.3Germany Metal Forming Market by Material Type
12.2.8.1.4Germany Metal Forming Market by Vehicle Type
12.2.8.1.5Germany Metal Forming Market by Techniques
12.2.8.2France Metal Forming Market
12.2.8.2.1France Metal Forming Market by Forming Type
12.2.8.2.2France Metal Forming Market by Application
12.2.8.2.3France Metal Forming Market by Material Type
12.2.8.2.4France Metal Forming Market by Vehicle Type
12.2.8.2.5France Metal Forming Market by Techniques
12.2.8.3Italy Metal Forming Market
12.2.8.3.1Italy Metal Forming Market by Forming Type
12.2.8.3.2Italy Metal Forming Market by Application
12.2.8.3.3Italy Metal Forming Market by Material Type
12.2.8.3.4Italy Metal Forming Market by Vehicle Type
12.2.8.3.5Italy Metal Forming Market by Techniques
12.2.8.4United Kingdom Metal Forming Market
12.2.8.4.1United Kingdom Metal Forming Market by Forming Type
12.2.8.4.2United Kingdom Metal Forming Market by Application
12.2.8.4.3United Kingdom Metal Forming Market by Material Type
12.2.8.4.4United Kingdom Metal Forming Market by Vehicle Type
12.2.8.4.5United Kingdom Metal Forming Market by Techniques
12.2.8.5Russia Metal Forming Market
12.2.8.5.1Russia Metal Forming Market by Forming Type
12.2.8.5.2Russia Metal Forming Market by Application
12.2.8.5.3Russia Metal Forming Market by Material Type
12.2.8.5.4Russia Metal Forming Market by Vehicle Type
12.2.8.5.5Russia Metal Forming Market by Techniques
12.2.8.6Rest of Europe Metal Forming Market
12.2.8.6.1Rest of Europe Metal Forming Market by Forming Type
12.2.8.6.2Rest of Europe Metal Forming Market by Application
12.2.8.6.3Rest of Europe Metal Forming Market by Material Type
12.2.8.6.4Rest of Europe Metal Forming Market by Vehicle Type
12.2.8.6.5Rest of Europe Metal Forming Market by Techniques
12.3.ASIA-PACIFIC
12.3.1Asia-Pacific Metal Forming Market Overview
12.3.2Asia-Pacific Metal Forming Market Forecasts and Analysis
12.3.3Asia-Pacific Metal Forming Market Forecasts and Analysis - By Forming Type
12.3.4Asia-Pacific Metal Forming Market Forecasts and Analysis - By Application
12.3.5Asia-Pacific Metal Forming Market Forecasts and Analysis - By Material Type
12.3.6Asia-Pacific Metal Forming Market Forecasts and Analysis - By Vehicle Type
12.3.7Asia-Pacific Metal Forming Market Forecasts and Analysis - By Techniques
12.3.8Asia-Pacific Metal Forming Market Forecasts and Analysis - By Countries
12.3.8.1Australia Metal Forming Market
12.3.8.1.1Australia Metal Forming Market by Forming Type
12.3.8.1.2Australia Metal Forming Market by Application
12.3.8.1.3Australia Metal Forming Market by Material Type
12.3.8.1.4Australia Metal Forming Market by Vehicle Type
12.3.8.1.5Australia Metal Forming Market by Techniques
12.3.8.2China Metal Forming Market
12.3.8.2.1China Metal Forming Market by Forming Type
12.3.8.2.2China Metal Forming Market by Application
12.3.8.2.3China Metal Forming Market by Material Type
12.3.8.2.4China Metal Forming Market by Vehicle Type
12.3.8.2.5China Metal Forming Market by Techniques
12.3.8.3India Metal Forming Market
12.3.8.3.1India Metal Forming Market by Forming Type
12.3.8.3.2India Metal Forming Market by Application
12.3.8.3.3India Metal Forming Market by Material Type
12.3.8.3.4India Metal Forming Market by Vehicle Type
12.3.8.3.5India Metal Forming Market by Techniques
12.3.8.4Japan Metal Forming Market
12.3.8.4.1Japan Metal Forming Market by Forming Type
12.3.8.4.2Japan Metal Forming Market by Application
12.3.8.4.3Japan Metal Forming Market by Material Type
12.3.8.4.4Japan Metal Forming Market by Vehicle Type
12.3.8.4.5Japan Metal Forming Market by Techniques
12.3.8.5South Korea Metal Forming Market
12.3.8.5.1South Korea Metal Forming Market by Forming Type
12.3.8.5.2South Korea Metal Forming Market by Application
12.3.8.5.3South Korea Metal Forming Market by Material Type
12.3.8.5.4South Korea Metal Forming Market by Vehicle Type
12.3.8.5.5South Korea Metal Forming Market by Techniques
12.3.8.6Rest of Asia-Pacific Metal Forming Market
12.3.8.6.1Rest of Asia-Pacific Metal Forming Market by Forming Type
12.3.8.6.2Rest of Asia-Pacific Metal Forming Market by Application
12.3.8.6.3Rest of Asia-Pacific Metal Forming Market by Material Type
12.3.8.6.4Rest of Asia-Pacific Metal Forming Market by Vehicle Type
12.3.8.6.5Rest of Asia-Pacific Metal Forming Market by Techniques
12.4.MIDDLE EAST AND AFRICA
12.4.1Middle East and Africa Metal Forming Market Overview
12.4.2Middle East and Africa Metal Forming Market Forecasts and Analysis
12.4.3Middle East and Africa Metal Forming Market Forecasts and Analysis - By Forming Type
12.4.4Middle East and Africa Metal Forming Market Forecasts and Analysis - By Application
12.4.5Middle East and Africa Metal Forming Market Forecasts and Analysis - By Material Type
12.4.6Middle East and Africa Metal Forming Market Forecasts and Analysis - By Vehicle Type
12.4.7Middle East and Africa Metal Forming Market Forecasts and Analysis - By Techniques
12.4.8Middle East and Africa Metal Forming Market Forecasts and Analysis - By Countries
12.4.8.1South Africa Metal Forming Market
12.4.8.1.1South Africa Metal Forming Market by Forming Type
12.4.8.1.2South Africa Metal Forming Market by Application
12.4.8.1.3South Africa Metal Forming Market by Material Type
12.4.8.1.4South Africa Metal Forming Market by Vehicle Type
12.4.8.1.5South Africa Metal Forming Market by Techniques
12.4.8.2Saudi Arabia Metal Forming Market
12.4.8.2.1Saudi Arabia Metal Forming Market by Forming Type
12.4.8.2.2Saudi Arabia Metal Forming Market by Application
12.4.8.2.3Saudi Arabia Metal Forming Market by Material Type
12.4.8.2.4Saudi Arabia Metal Forming Market by Vehicle Type
12.4.8.2.5Saudi Arabia Metal Forming Market by Techniques
12.4.8.3U.A.E Metal Forming Market
12.4.8.3.1U.A.E Metal Forming Market by Forming Type
12.4.8.3.2U.A.E Metal Forming Market by Application
12.4.8.3.3U.A.E Metal Forming Market by Material Type
12.4.8.3.4U.A.E Metal Forming Market by Vehicle Type
12.4.8.3.5U.A.E Metal Forming Market by Techniques
12.4.8.4Rest of Middle East and Africa Metal Forming Market
12.4.8.4.1Rest of Middle East and Africa Metal Forming Market by Forming Type
12.4.8.4.2Rest of Middle East and Africa Metal Forming Market by Application
12.4.8.4.3Rest of Middle East and Africa Metal Forming Market by Material Type
12.4.8.4.4Rest of Middle East and Africa Metal Forming Market by Vehicle Type
12.4.8.4.5Rest of Middle East and Africa Metal Forming Market by Techniques
12.5.SOUTH AND CENTRAL AMERICA
12.5.1South and Central America Metal Forming Market Overview
12.5.2South and Central America Metal Forming Market Forecasts and Analysis
12.5.3South and Central America Metal Forming Market Forecasts and Analysis - By Forming Type
12.5.4South and Central America Metal Forming Market Forecasts and Analysis - By Application
12.5.5South and Central America Metal Forming Market Forecasts and Analysis - By Material Type
12.5.6South and Central America Metal Forming Market Forecasts and Analysis - By Vehicle Type
12.5.7South and Central America Metal Forming Market Forecasts and Analysis - By Techniques
12.5.8South and Central America Metal Forming Market Forecasts and Analysis - By Countries
12.5.8.1Brazil Metal Forming Market
12.5.8.1.1Brazil Metal Forming Market by Forming Type
12.5.8.1.2Brazil Metal Forming Market by Application
12.5.8.1.3Brazil Metal Forming Market by Material Type
12.5.8.1.4Brazil Metal Forming Market by Vehicle Type
12.5.8.1.5Brazil Metal Forming Market by Techniques
12.5.8.2Argentina Metal Forming Market
12.5.8.2.1Argentina Metal Forming Market by Forming Type
12.5.8.2.2Argentina Metal Forming Market by Application
12.5.8.2.3Argentina Metal Forming Market by Material Type
12.5.8.2.4Argentina Metal Forming Market by Vehicle Type
12.5.8.2.5Argentina Metal Forming Market by Techniques
12.5.8.3Rest of South and Central America Metal Forming Market
12.5.8.3.1Rest of South and Central America Metal Forming Market by Forming Type
12.5.8.3.2Rest of South and Central America Metal Forming Market by Application
12.5.8.3.3Rest of South and Central America Metal Forming Market by Material Type
12.5.8.3.4Rest of South and Central America Metal Forming Market by Vehicle Type
12.5.8.3.5Rest of South and Central America Metal Forming Market by Techniques
13.INDUSTRY LANDSCAPE
13.1.MERGERS AND ACQUISITIONS
13.2.AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
13.3.NEW PRODUCT LAUNCHES
13.4.EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
14.METAL FORMING MARKET, KEY COMPANY PROFILES
14.1.AISIN SEIKI CO., LTD
14.1.1.Key Facts
14.1.2.Business Description
14.1.3.Products and Services
14.1.4.Financial Overview
14.1.5.SWOT Analysis
14.1.6.Key Developments
14.2.BENTELER INTERNATIONAL
14.2.1.Key Facts
14.2.2.Business Description
14.2.3.Products and Services
14.2.4.Financial Overview
14.2.5.SWOT Analysis
14.2.6.Key Developments
14.3.CIE AUTOMOTIVE
14.3.1.Key Facts
14.3.2.Business Description
14.3.3.Products and Services
14.3.4.Financial Overview
14.3.5.SWOT Analysis
14.3.6.Key Developments
14.4.HIROTEC CORPORATION
14.4.1.Key Facts
14.4.2.Business Description
14.4.3.Products and Services
14.4.4.Financial Overview
14.4.5.SWOT Analysis
14.4.6.Key Developments
14.5.MAGNA INTERNATIONAL INC.
14.5.1.Key Facts
14.5.2.Business Description
14.5.3.Products and Services
14.5.4.Financial Overview
14.5.5.SWOT Analysis
14.5.6.Key Developments
14.6.MILLS PRODUCTS
14.6.1.Key Facts
14.6.2.Business Description
14.6.3.Products and Services
14.6.4.Financial Overview
14.6.5.SWOT Analysis
14.6.6.Key Developments
14.7.SUPERFORM ALUMINIUM
14.7.1.Key Facts
14.7.2.Business Description
14.7.3.Products and Services
14.7.4.Financial Overview
14.7.5.SWOT Analysis
14.7.6.Key Developments
14.8.TOWER INTERNATIONAL
14.8.1.Key Facts
14.8.2.Business Description
14.8.3.Products and Services
14.8.4.Financial Overview
14.8.5.SWOT Analysis
14.8.6.Key Developments
14.9.TOYOTA BOSHOKU CORPORATION
14.9.1.Key Facts
14.9.2.Business Description
14.9.3.Products and Services
14.9.4.Financial Overview
14.9.5.SWOT Analysis
14.9.6.Key Developments
14.10.VNT AUTOMOTIVE GMBH
14.10.1.Key Facts
14.10.2.Business Description
14.10.3.Products and Services
14.10.4.Financial Overview
14.10.5.SWOT Analysis
14.10.6.Key Developments
15.APPENDIX
15.1.ABOUT THE INSIGHT PARTNERS
15.2.GLOSSARY OF TERMS
1. AISIN SEIKI Co. , Ltd
2. BENTELER International
3. CIE Automotive
4. Hirotec Corporation
5. Magna International Inc.
6. MILLS PRODUCTS
7. Superform Aluminium
8. Tower International
9. TOYOTA BOSHOKU CORPORATION
10. VNT Automotive GmbH
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.