Metal Powder for Additive Manufacturing Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis
Metal powder additive processing is widely used in the aerospace, automotive, medical, and oil and gas industries. Objects and substances are created using additive manufacturing with metal powders by layering materials in various ways, depending on the manufacturing technique used. Metal powders for additive manufacturing come in various forms, including alloys, stainless steel, precious metals, and more.
MARKET DYNAMICS
The growing applications of additive manufacturing with metal powders in various medical applications, reduced production time and mass customization of additive manufacturing with metal powders, and multi-functionality of additive manufacturing with metal powders are driving the growth of the additive manufacturing with metal powders industry. The market is expected to expand due to rising demand for additive manufacturing with metal powders in automotive and aerospace applications, as well as increased research and development in metal powders. Furthermore, rising government investments in additive manufacturing with metal powders, as well as the introduction of new technologies in additive manufacturing with metal powders, are expected to provide opportunities for manufacturers in the global market. However, volatile raw material prices and strict government regulations on material usage are expected to stifle the global additive manufacturing industry's growth.
MARKET SCOPE
The "Global Metal Powder for Additive Manufacturing Market Analysis to 2031" is a specialized and in-depth study of the chemical and materials industry with a particular focus on the global market trend analysis. The report aims to provide an overview of the metal powder for additive manufacturing market with detailed market segmentation by type, application and material. The global metal powder for additive manufacturing market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading metal powder for additive manufacturing market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global metal powder for additive manufacturing market is segmented into type, application and material. By type, the metal powder for additive manufacturing market is classified into powder bed, blown powder, others. By application, the metal powder for additive manufacturing market is classified into 3d printing, rapid prototyping, direct digital manufacturing (DDM). By material the metal powder for additive manufacturing market is classified into alloy, stainless steel, and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry, including both qualitative and quantitative information. It provides an overview and forecast of the global metal powder for additive manufacturing market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 concerning five major regions, namely, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South America. The metal powder for additive manufacturing market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally, along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the metal powder for additive manufacturing market from both demand and supply side. Further, it evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trends. 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 affecting the metal powder for additive manufacturing market in these regions.
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The report provides a detailed overview of the industry, including both qualitative and quantitative information. It provides an overview and forecast of the global metal powder for additive manufacturing market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 concerning five major regions, namely, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South America. The metal powder for additive manufacturing market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally, along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the metal powder for additive manufacturing market from both demand and supply side. Further, it evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trends. 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 affecting the metal powder for additive manufacturing market in these regions.
MARKET PLAYERS
The report covers vital developments in the metal powder for additive manufacturing 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 partnerships & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market payers from the metal powder for additive manufacturing market are anticipated to lucrative growth opportunities in the future with the rising demand for metal powder for additive manufacturing in the global market. Below mentioned is the list of few companies engaged in the metal powder for additive manufacturing market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the metal powder for additive manufacturing market. Besides, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last three years, the critical development in the past five years.
- Sandvik AB
- Melrose Industries PLC
- ATI Powder Metals
- Praxair Surface Technologies Inc.
- Höganäs AB
- AMG Advanced Metallurgical Group
- Rio Tinto Plc
- voestalpine BÖHLER Edelstahl GmbH & Co KG
- Aubert & Duval
- American Axle & Manufacturing, Inc.
The Insight Partner's dedicated research and analysis team consists of experienced professionals with advanced statistical expertise and offers various customization options in the current 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
1.3.1 Metal Powder For Additive Manufacturing Market - By Type
1.3.2 Metal Powder For Additive Manufacturing Market - By Material
1.3.3 Metal Powder For Additive Manufacturing Market - By Application
1.3.4 Metal Powder For Additive Manufacturing Market - By Region
1.3.4.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. METAL POWDER FOR ADDITIVE MANUFACTURING MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PORTER'S FIVE FORCES ANALYSIS
4.2.1 Bargaining Power of Buyers
4.2.1 Bargaining Power of Suppliers
4.2.1 Threat of Substitute
4.2.1 Threat of New Entrants
4.2.1 Competitive Rivalry
4.3. EXPERT OPINIONS
5. METAL POWDER FOR ADDITIVE MANUFACTURING 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. METAL POWDER FOR ADDITIVE MANUFACTURING MARKET - GLOBAL MARKET ANALYSIS
6.1. METAL POWDER FOR ADDITIVE MANUFACTURING - GLOBAL MARKET OVERVIEW
6.2. METAL POWDER FOR ADDITIVE MANUFACTURING - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. METAL POWDER FOR ADDITIVE MANUFACTURING MARKET - REVENUE AND FORECASTS TO 2028 - TYPE
7.1. OVERVIEW
7.2. TYPE MARKET FORECASTS AND ANALYSIS
7.3. POWDER BED
7.3.1. Overview
7.3.2. Powder Bed Market Forecast and Analysis
7.4. BLOWN POWDER
7.4.1. Overview
7.4.2. Blown Powder Market Forecast and Analysis
7.5. OTHERS
7.5.1. Overview
7.5.2. Others Market Forecast and Analysis
8. METAL POWDER FOR ADDITIVE MANUFACTURING MARKET - REVENUE AND FORECASTS TO 2028 - MATERIAL
8.1. OVERVIEW
8.2. MATERIAL MARKET FORECASTS AND ANALYSIS
8.3. ALLOY
8.3.1. Overview
8.3.2. Alloy Market Forecast and Analysis
8.4. STAINLESS STEEL
8.4.1. Overview
8.4.2. Stainless Steel Market Forecast and Analysis
8.5. OTHERS
8.5.1. Overview
8.5.2. Others Market Forecast and Analysis
9. METAL POWDER FOR ADDITIVE MANUFACTURING MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
9.1. OVERVIEW
9.2. APPLICATION MARKET FORECASTS AND ANALYSIS
9.3. 3D PRINTING
9.3.1. Overview
9.3.2. 3D Printing Market Forecast and Analysis
9.4. RAPID PROTOTYPING
9.4.1. Overview
9.4.2. Rapid Prototyping Market Forecast and Analysis
9.5. DIRECT DIGITAL MANUFACTURING (DDM)
9.5.1. Overview
9.5.2. Direct Digital Manufacturing (DDM) Market Forecast and Analysis
10. METAL POWDER FOR ADDITIVE MANUFACTURING MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
10.1. NORTH AMERICA
10.1.1 North America Metal Powder For Additive Manufacturing Market Overview
10.1.2 North America Metal Powder For Additive Manufacturing Market Forecasts and Analysis
10.1.3 North America Metal Powder For Additive Manufacturing Market Forecasts and Analysis - By Type
10.1.4 North America Metal Powder For Additive Manufacturing Market Forecasts and Analysis - By Material
10.1.5 North America Metal Powder For Additive Manufacturing Market Forecasts and Analysis - By Application
10.1.6 North America Metal Powder For Additive Manufacturing Market Forecasts and Analysis - By Countries
10.1.6.1 United States Metal Powder For Additive Manufacturing Market
10.1.6.1.1 United States Metal Powder For Additive Manufacturing Market by Type
10.1.6.1.2 United States Metal Powder For Additive Manufacturing Market by Material
10.1.6.1.3 United States Metal Powder For Additive Manufacturing Market by Application
10.1.6.2 Canada Metal Powder For Additive Manufacturing Market
10.1.6.2.1 Canada Metal Powder For Additive Manufacturing Market by Type
10.1.6.2.2 Canada Metal Powder For Additive Manufacturing Market by Material
10.1.6.2.3 Canada Metal Powder For Additive Manufacturing Market by Application
10.1.6.3 Mexico Metal Powder For Additive Manufacturing Market
10.1.6.3.1 Mexico Metal Powder For Additive Manufacturing Market by Type
10.1.6.3.2 Mexico Metal Powder For Additive Manufacturing Market by Material
10.1.6.3.3 Mexico Metal Powder For Additive Manufacturing Market by Application
10.2. EUROPE
10.2.1 Europe Metal Powder For Additive Manufacturing Market Overview
10.2.2 Europe Metal Powder For Additive Manufacturing Market Forecasts and Analysis
10.2.3 Europe Metal Powder For Additive Manufacturing Market Forecasts and Analysis - By Type
10.2.4 Europe Metal Powder For Additive Manufacturing Market Forecasts and Analysis - By Material
10.2.5 Europe Metal Powder For Additive Manufacturing Market Forecasts and Analysis - By Application
10.2.6 Europe Metal Powder For Additive Manufacturing Market Forecasts and Analysis - By Countries
10.2.6.1 Germany Metal Powder For Additive Manufacturing Market
10.2.6.1.1 Germany Metal Powder For Additive Manufacturing Market by Type
10.2.6.1.2 Germany Metal Powder For Additive Manufacturing Market by Material
10.2.6.1.3 Germany Metal Powder For Additive Manufacturing Market by Application
10.2.6.2 France Metal Powder For Additive Manufacturing Market
10.2.6.2.1 France Metal Powder For Additive Manufacturing Market by Type
10.2.6.2.2 France Metal Powder For Additive Manufacturing Market by Material
10.2.6.2.3 France Metal Powder For Additive Manufacturing Market by Application
10.2.6.3 Italy Metal Powder For Additive Manufacturing Market
10.2.6.3.1 Italy Metal Powder For Additive Manufacturing Market by Type
10.2.6.3.2 Italy Metal Powder For Additive Manufacturing Market by Material
10.2.6.3.3 Italy Metal Powder For Additive Manufacturing Market by Application
10.2.6.4 United Kingdom Metal Powder For Additive Manufacturing Market
10.2.6.4.1 United Kingdom Metal Powder For Additive Manufacturing Market by Type
10.2.6.4.2 United Kingdom Metal Powder For Additive Manufacturing Market by Material
10.2.6.4.3 United Kingdom Metal Powder For Additive Manufacturing Market by Application
10.2.6.5 Russia Metal Powder For Additive Manufacturing Market
10.2.6.5.1 Russia Metal Powder For Additive Manufacturing Market by Type
10.2.6.5.2 Russia Metal Powder For Additive Manufacturing Market by Material
10.2.6.5.3 Russia Metal Powder For Additive Manufacturing Market by Application
10.2.6.6 Rest of Europe Metal Powder For Additive Manufacturing Market
10.2.6.6.1 Rest of Europe Metal Powder For Additive Manufacturing Market by Type
10.2.6.6.2 Rest of Europe Metal Powder For Additive Manufacturing Market by Material
10.2.6.6.3 Rest of Europe Metal Powder For Additive Manufacturing Market by Application
10.3. ASIA-PACIFIC
10.3.1 Asia-Pacific Metal Powder For Additive Manufacturing Market Overview
10.3.2 Asia-Pacific Metal Powder For Additive Manufacturing Market Forecasts and Analysis
10.3.3 Asia-Pacific Metal Powder For Additive Manufacturing Market Forecasts and Analysis - By Type
10.3.4 Asia-Pacific Metal Powder For Additive Manufacturing Market Forecasts and Analysis - By Material
10.3.5 Asia-Pacific Metal Powder For Additive Manufacturing Market Forecasts and Analysis - By Application
10.3.6 Asia-Pacific Metal Powder For Additive Manufacturing Market Forecasts and Analysis - By Countries
10.3.6.1 Australia Metal Powder For Additive Manufacturing Market
10.3.6.1.1 Australia Metal Powder For Additive Manufacturing Market by Type
10.3.6.1.2 Australia Metal Powder For Additive Manufacturing Market by Material
10.3.6.1.3 Australia Metal Powder For Additive Manufacturing Market by Application
10.3.6.2 China Metal Powder For Additive Manufacturing Market
10.3.6.2.1 China Metal Powder For Additive Manufacturing Market by Type
10.3.6.2.2 China Metal Powder For Additive Manufacturing Market by Material
10.3.6.2.3 China Metal Powder For Additive Manufacturing Market by Application
10.3.6.3 India Metal Powder For Additive Manufacturing Market
10.3.6.3.1 India Metal Powder For Additive Manufacturing Market by Type
10.3.6.3.2 India Metal Powder For Additive Manufacturing Market by Material
10.3.6.3.3 India Metal Powder For Additive Manufacturing Market by Application
10.3.6.4 Japan Metal Powder For Additive Manufacturing Market
10.3.6.4.1 Japan Metal Powder For Additive Manufacturing Market by Type
10.3.6.4.2 Japan Metal Powder For Additive Manufacturing Market by Material
10.3.6.4.3 Japan Metal Powder For Additive Manufacturing Market by Application
10.3.6.5 South Korea Metal Powder For Additive Manufacturing Market
10.3.6.5.1 South Korea Metal Powder For Additive Manufacturing Market by Type
10.3.6.5.2 South Korea Metal Powder For Additive Manufacturing Market by Material
10.3.6.5.3 South Korea Metal Powder For Additive Manufacturing Market by Application
10.3.6.6 Rest of Asia-Pacific Metal Powder For Additive Manufacturing Market
10.3.6.6.1 Rest of Asia-Pacific Metal Powder For Additive Manufacturing Market by Type
10.3.6.6.2 Rest of Asia-Pacific Metal Powder For Additive Manufacturing Market by Material
10.3.6.6.3 Rest of Asia-Pacific Metal Powder For Additive Manufacturing Market by Application
10.4. MIDDLE EAST AND AFRICA
10.4.1 Middle East and Africa Metal Powder For Additive Manufacturing Market Overview
10.4.2 Middle East and Africa Metal Powder For Additive Manufacturing Market Forecasts and Analysis
10.4.3 Middle East and Africa Metal Powder For Additive Manufacturing Market Forecasts and Analysis - By Type
10.4.4 Middle East and Africa Metal Powder For Additive Manufacturing Market Forecasts and Analysis - By Material
10.4.5 Middle East and Africa Metal Powder For Additive Manufacturing Market Forecasts and Analysis - By Application
10.4.6 Middle East and Africa Metal Powder For Additive Manufacturing Market Forecasts and Analysis - By Countries
10.4.6.1 South Africa Metal Powder For Additive Manufacturing Market
10.4.6.1.1 South Africa Metal Powder For Additive Manufacturing Market by Type
10.4.6.1.2 South Africa Metal Powder For Additive Manufacturing Market by Material
10.4.6.1.3 South Africa Metal Powder For Additive Manufacturing Market by Application
10.4.6.2 Saudi Arabia Metal Powder For Additive Manufacturing Market
10.4.6.2.1 Saudi Arabia Metal Powder For Additive Manufacturing Market by Type
10.4.6.2.2 Saudi Arabia Metal Powder For Additive Manufacturing Market by Material
10.4.6.2.3 Saudi Arabia Metal Powder For Additive Manufacturing Market by Application
10.4.6.3 U.A.E Metal Powder For Additive Manufacturing Market
10.4.6.3.1 U.A.E Metal Powder For Additive Manufacturing Market by Type
10.4.6.3.2 U.A.E Metal Powder For Additive Manufacturing Market by Material
10.4.6.3.3 U.A.E Metal Powder For Additive Manufacturing Market by Application
10.4.6.4 Rest of Middle East and Africa Metal Powder For Additive Manufacturing Market
10.4.6.4.1 Rest of Middle East and Africa Metal Powder For Additive Manufacturing Market by Type
10.4.6.4.2 Rest of Middle East and Africa Metal Powder For Additive Manufacturing Market by Material
10.4.6.4.3 Rest of Middle East and Africa Metal Powder For Additive Manufacturing Market by Application
10.5. SOUTH AND CENTRAL AMERICA
10.5.1 South and Central America Metal Powder For Additive Manufacturing Market Overview
10.5.2 South and Central America Metal Powder For Additive Manufacturing Market Forecasts and Analysis
10.5.3 South and Central America Metal Powder For Additive Manufacturing Market Forecasts and Analysis - By Type
10.5.4 South and Central America Metal Powder For Additive Manufacturing Market Forecasts and Analysis - By Material
10.5.5 South and Central America Metal Powder For Additive Manufacturing Market Forecasts and Analysis - By Application
10.5.6 South and Central America Metal Powder For Additive Manufacturing Market Forecasts and Analysis - By Countries
10.5.6.1 Brazil Metal Powder For Additive Manufacturing Market
10.5.6.1.1 Brazil Metal Powder For Additive Manufacturing Market by Type
10.5.6.1.2 Brazil Metal Powder For Additive Manufacturing Market by Material
10.5.6.1.3 Brazil Metal Powder For Additive Manufacturing Market by Application
10.5.6.2 Argentina Metal Powder For Additive Manufacturing Market
10.5.6.2.1 Argentina Metal Powder For Additive Manufacturing Market by Type
10.5.6.2.2 Argentina Metal Powder For Additive Manufacturing Market by Material
10.5.6.2.3 Argentina Metal Powder For Additive Manufacturing Market by Application
10.5.6.3 Rest of South and Central America Metal Powder For Additive Manufacturing Market
10.5.6.3.1 Rest of South and Central America Metal Powder For Additive Manufacturing Market by Type
10.5.6.3.2 Rest of South and Central America Metal Powder For Additive Manufacturing Market by Material
10.5.6.3.3 Rest of South and Central America Metal Powder For Additive Manufacturing Market by Application
11. INDUSTRY LANDSCAPE
11.1. MERGERS AND ACQUISITIONS
11.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
11.3. NEW PRODUCT LAUNCHES
11.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
12. METAL POWDER FOR ADDITIVE MANUFACTURING MARKET, KEY COMPANY PROFILES
12.1. SANDVIK AB
12.1.1. Key Facts
12.1.2. Business Description
12.1.3. Products and Services
12.1.4. Financial Overview
12.1.5. SWOT Analysis
12.1.6. Key Developments
12.2. MELROSE INDUSTRIES PLC
12.2.1. Key Facts
12.2.2. Business Description
12.2.3. Products and Services
12.2.4. Financial Overview
12.2.5. SWOT Analysis
12.2.6. Key Developments
12.3. ATI POWDER METALS
12.3.1. Key Facts
12.3.2. Business Description
12.3.3. Products and Services
12.3.4. Financial Overview
12.3.5. SWOT Analysis
12.3.6. Key Developments
12.4. PRAXAIR SURFACE TECHNOLOGIES INC.
12.4.1. Key Facts
12.4.2. Business Description
12.4.3. Products and Services
12.4.4. Financial Overview
12.4.5. SWOT Analysis
12.4.6. Key Developments
12.5. HöGANäS AB
12.5.1. Key Facts
12.5.2. Business Description
12.5.3. Products and Services
12.5.4. Financial Overview
12.5.5. SWOT Analysis
12.5.6. Key Developments
12.6. AMG ADVANCED METALLURGICAL GROUP
12.6.1. Key Facts
12.6.2. Business Description
12.6.3. Products and Services
12.6.4. Financial Overview
12.6.5. SWOT Analysis
12.6.6. Key Developments
12.7. RIO TINTO PLC
12.7.1. Key Facts
12.7.2. Business Description
12.7.3. Products and Services
12.7.4. Financial Overview
12.7.5. SWOT Analysis
12.7.6. Key Developments
12.8. VOESTALPINE BÖHLER EDELSTAHL GMBH AND CO KG
12.8.1. Key Facts
12.8.2. Business Description
12.8.3. Products and Services
12.8.4. Financial Overview
12.8.5. SWOT Analysis
12.8.6. Key Developments
12.9. AUBERT AND DUVAL
12.9.1. Key Facts
12.9.2. Business Description
12.9.3. Products and Services
12.9.4. Financial Overview
12.9.5. SWOT Analysis
12.9.6. Key Developments
12.10. AMERICAN AXLE AND MANUFACTURING, INC.
12.10.1. Key Facts
12.10.2. Business Description
12.10.3. Products and Services
12.10.4. Financial Overview
12.10.5. SWOT Analysis
12.10.6. Key Developments
13. APPENDIX
13.1. ABOUT THE INSIGHT PARTNERS
13.2. GLOSSARY OF TERMS
1. Sandvik AB
2. Melrose Industries PLC
3. ATI Powder Metals
4. Praxair Surface Technologies Inc.
5. Höganäs AB
6. AMG Advanced Metallurgical Group
7. Rio Tinto Plc
8. voestalpine BÖHLER Edelstahl GmbH and Co KG
9. Aubert and Duval
10. American Axle and Manufacturing, Inc.
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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