Nonwoven Fabrics Market Key Players Analysis 2031
MARKET OVERVIEW
Non-woven fabrics are a type of textile material that differ from traditional woven or knitted fabrics. They are manufactured by bonding or entangling fibers or filaments rather than waving or knitting them. Non-woven fabrics can be made up of natural fibers or synthetic fibers or a combination. Creating non-woven fabrics involves several methods, including mechanical, chemical, thermal, and chemical processes. Non-woven fabrics offer advantages such as cost-effectiveness, versatility, and ease of production. They are used in various applications, including hygiene products (such as diapers or sanitary napkins), medical textiles, geotextiles, filtration media, and many more.
MARKET DYNAMICS
The rising demand for nonwoven fabrics in the medical industry is bolstering the overall growth of nonwoven fabrics market. The increased demand for nonwoven fabrics market in the healthcare industry is driven by several factors, including their unique properties and advantages over traditional woven fabrics. Nonwoven fabrics can be designed to have excellent barrier properties such as resistance to liquid penetration, microorganism, and particulate matter. These fabrics are widely used in medical gowns, drapes, and surgical masks to provide a protective barrier for healthcare workers and patients. Nonwoven fabrics also play a vital role in infection control measures within the healthcare industry. Products such as sterilization wraps, disposable bedsheets, and wound dressings are mostly used to avoid nosocomial infection.
The nonwoven fabrics market has witnessed the proliferation of new technologies such as spunbond technology, melt-blown technology, needle punching technology, electrospinning technology, composite technology, and many more leading to advancement and innovation in the field. Ongoing research and development in these technologies drive innovation in the nonwoven fabrics market.
However, the volatility in raw material prices can significantly impact the manufacturing cost of nonwoven fabrics market.
MARKET SCOPE AND REPORT FEATURES
The "Global Nonwoven Fabrics Market Analysis to 2031" is a specialized and in-depth study with a major focus on the global market trends and growth opportunities. The report aims to provide an overview of the global market with detailed market segmentation by technology, material, function, application, and geography. The global nonwoven fabrics market has been witnessing high growth over the recent past and is expected to continue this trend during the forecast period. The report provides key statistics on the consumption of nonwoven fabrics market worldwide along with their demand in major regions and countries. In addition, the report provides the qualitative assessment of various factors affecting the nonwoven fabrics market performance in major regions and countries. The report also includes a comprehensive analysis of the leading players in nonwoven fabrics market and their key strategic developments. Several analyses on the market dynamics are also included to help identify the key driving factors, market trends, and lucrative opportunities that would, in turn, aid in identifying the major revenue pockets.
Further, ecosystem analysis and Porter’s five forces analysis provide a 360-degree view of the global nonwoven fabrics market, which helps understand the entire supply chain and various factors affecting the market growth.
SEGMENTAL ANALYSIS
The global nonwoven fiber market is segmented on the basis of technology, material, function, and application. Based on technology, the nonwoven fiber market is segmented as dry-laid, spunmelt, wet-laid, and others. On the basis of material, the nonwoven fiber market is classified as, polypropylene, polyethylene terephthalate, polyethylene, rayon, wood pulp, bi-component, and others. Based on function, the nonwoven fiber market is segmented as disposable and non-disposable. On the basis of application, the nonwoven fiber market is classified into hygiene, construction, wipes, upholstery, filtration, automotive, and others.
Based on technology, spunbond technology held the largest market share in the nonwoven fabrics market. Spunbond technology is widely utilized in the manufacturing of nonwoven fabrics due to its numerous characteristics, such as versatility, cost-effectiveness, suitability, and eco-friendliness. Spunbond nonwoven fabrics are produced by several processes, such as heat, pressure, or chemical processes. The resulting fabric has a web-like structure with excellent strength, durability, and breathability. Spunbond fabrics can be produced at high speeds, making the process efficient and cost-effective. Spunbond fabrics can be manufactured using recyclable and biodegradable materials. Additionally, the energy consumption during the production process is relatively low compared to other fabric manufacturing methods.
REGIONAL INSIGHTS
The report provides a detailed overview of the global nonwoven fabrics market with respect to five major regions, namely, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. Asia Pacific is projected to account for a significant share of the market. This dominance is a result of various reasons such as, the region's high population density, industrialization, economic expansion, and increased demand for hygiene goods. The Asia Pacific region, especially countries including China, India, Japan, and South Korea, has developed significant industrial capacities. These nations can produce nonwoven fabrics efficiently due to their well-established textile industries, innovative machinery, and highly skilled labour force. The demand for nonwoven fabrics is continuously rising in various sectors, including construction, transportation, agriculture, healthcare, and hygiene goods. The Asia Pacific region offers cost advantages regarding raw material availability, labour cost, and manufacturing infrastructure. The government in the Asia Pacific region has been actively promoting industrial development by providing incentives and investment opportunities to attract foreign companies and boost domestic output.
MARKET PLAYERS
Some of the key players operating in the nonwoven fabrics market include, Ahlstrom Munksjo, Berry Global Inc., Kimberly Clark, Glatfelter, Dupont, Toray Industries, Lydall Inc., Fitesa, Suominen Corporation, Johns Manville, TWE Group, Fiberweb (India) Ltd., First Quality Enterprises, Inc., Asahi Kasei Corporation among others.
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Have a question?
Shejal
Shejal 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
- 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.
TABLE OF CONTENTS
1.INTRODUCTION
1.1.SCOPE OF THE STUDY
1.2.THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3.MARKET SEGMENTATION
1.3.1Nonwoven Fabric Market - By Technology
1.3.2Nonwoven Fabric Market - By Material
1.3.3Nonwoven Fabric Market - By Function
1.3.4Nonwoven Fabric Market - By Application
1.3.5Nonwoven Fabric Market - By Region
1.3.5.1By Country
2.KEY TAKEAWAYS
3.RESEARCH METHODOLOGY
4.NONWOVEN FABRIC MARKET L and SCAPE
4.1.OVERVIEW
4.2.PEST ANALYSIS
4.2.1North America - Pest Analysis
4.2.2Europe - Pest Analysis
4.2.3Asia-Pacific - Pest Analysis
4.2.4Middle East and Africa - Pest Analysis
4.2.5South and Central America - Pest Analysis
4.3.EXPERT OPINIONS
5.NONWOVEN FABRIC 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.NONWOVEN FABRIC MARKET - GLOBAL MARKET ANALYSIS
6.1.NONWOVEN FABRIC - GLOBAL MARKET OVERVIEW
6.2.NONWOVEN FABRIC - GLOBAL MARKET and FORECAST TO 2028
6.3.MARKET POSITIONING/MARKET SHARE
7.NONWOVEN FABRIC MARKET - REVENUE and FORECASTS TO 2028 - TECHNOLOGY
7.1.OVERVIEW
7.2.TECHNOLOGY MARKET FORECASTS and ANALYSIS
7.3.DRY-LAID
7.3.1.Overview
7.3.2.Dry-Laid Market Forecast and Analysis
7.4.SPUNMELT
7.4.1.Overview
7.4.2.Spunmelt Market Forecast and Analysis
7.5.WET-LAID
7.5.1.Overview
7.5.2.Wet-Laid Market Forecast and Analysis
7.6.OTHERS
7.6.1.Overview
7.6.2.Others Market Forecast and Analysis
8.NONWOVEN FABRIC MARKET - REVENUE and FORECASTS TO 2028 - MATERIAL
8.1.OVERVIEW
8.2.MATERIAL MARKET FORECASTS and ANALYSIS
8.3.POLYPROPYLENE
8.3.1.Overview
8.3.2.Polypropylene Market Forecast and Analysis
8.4.POLYETHYLENE TEREPHTHALATE
8.4.1.Overview
8.4.2.Polyethylene Terephthalate Market Forecast and Analysis
8.5.POLYETHYLENE
8.5.1.Overview
8.5.2.Polyethylene Market Forecast and Analysis
8.6.RAYON
8.6.1.Overview
8.6.2.Rayon Market Forecast and Analysis
8.7.WOOD PULP
8.7.1.Overview
8.7.2.Wood Pulp Market Forecast and Analysis
8.8.BI-COMPONENT
8.8.1.Overview
8.8.2.Bi-Component Market Forecast and Analysis
8.9.OTHERS
8.9.1.Overview
8.9.2.Others Market Forecast and Analysis
9.NONWOVEN FABRIC MARKET - REVENUE and FORECASTS TO 2028 - FUNCTION
9.1.OVERVIEW
9.2.FUNCTION MARKET FORECASTS and ANALYSIS
9.3.DISPOSABLE
9.3.1.Overview
9.3.2.Disposable Market Forecast and Analysis
9.4.NON-DISPOSABLE
9.4.1.Overview
9.4.2.Non-Disposable Market Forecast and Analysis
10.NONWOVEN FABRIC MARKET - REVENUE and FORECASTS TO 2028 - APPLICATION
10.1.OVERVIEW
10.2.APPLICATION MARKET FORECASTS and ANALYSIS
10.3.HYGIENE
10.3.1.Overview
10.3.2.Hygiene Market Forecast and Analysis
10.4.CONSTRUCTION
10.4.1.Overview
10.4.2.Construction Market Forecast and Analysis
10.5.WIPES
10.5.1.Overview
10.5.2.Wipes Market Forecast and Analysis
10.6.UPHOLSTERY
10.6.1.Overview
10.6.2.Upholstery Market Forecast and Analysis
10.7.FILTRATION
10.7.1.Overview
10.7.2.Filtration Market Forecast and Analysis
10.8.AUTOMOTIVE
10.8.1.Overview
10.8.2.Automotive Market Forecast and Analysis
10.9.OTHERS
10.9.1.Overview
10.9.2.Others Market Forecast and Analysis
11.NONWOVEN FABRIC MARKET REVENUE and FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
11.1.NORTH AMERICA
11.1.1North America Nonwoven Fabric Market Overview
11.1.2North America Nonwoven Fabric Market Forecasts and Analysis
11.1.3North America Nonwoven Fabric Market Forecasts and Analysis - By Technology
11.1.4North America Nonwoven Fabric Market Forecasts and Analysis - By Material
11.1.5North America Nonwoven Fabric Market Forecasts and Analysis - By Function
11.1.6North America Nonwoven Fabric Market Forecasts and Analysis - By Application
11.1.7North America Nonwoven Fabric Market Forecasts and Analysis - By Countries
11.1.7.1Canada Nonwoven Fabric Market
11.1.7.1.1Canada Nonwoven Fabric Market by Technology
11.1.7.1.2Canada Nonwoven Fabric Market by Material
11.1.7.1.3Canada Nonwoven Fabric Market by Function
11.1.7.1.4Canada Nonwoven Fabric Market by Application
11.1.7.2Mexico Nonwoven Fabric Market
11.1.7.2.1Mexico Nonwoven Fabric Market by Technology
11.1.7.2.2Mexico Nonwoven Fabric Market by Material
11.1.7.2.3Mexico Nonwoven Fabric Market by Function
11.1.7.2.4Mexico Nonwoven Fabric Market by Application
11.1.7.3US Nonwoven Fabric Market
11.1.7.3.1US Nonwoven Fabric Market by Technology
11.1.7.3.2US Nonwoven Fabric Market by Material
11.1.7.3.3US Nonwoven Fabric Market by Function
11.1.7.3.4US Nonwoven Fabric Market by Application
11.2.EUROPE
11.2.1Europe Nonwoven Fabric Market Overview
11.2.2Europe Nonwoven Fabric Market Forecasts and Analysis
11.2.3Europe Nonwoven Fabric Market Forecasts and Analysis - By Technology
11.2.4Europe Nonwoven Fabric Market Forecasts and Analysis - By Material
11.2.5Europe Nonwoven Fabric Market Forecasts and Analysis - By Function
11.2.6Europe Nonwoven Fabric Market Forecasts and Analysis - By Application
11.2.7Europe Nonwoven Fabric Market Forecasts and Analysis - By Countries
11.2.7.1Germany Nonwoven Fabric Market
11.2.7.1.1Germany Nonwoven Fabric Market by Technology
11.2.7.1.2Germany Nonwoven Fabric Market by Material
11.2.7.1.3Germany Nonwoven Fabric Market by Function
11.2.7.1.4Germany Nonwoven Fabric Market by Application
11.2.7.2France Nonwoven Fabric Market
11.2.7.2.1France Nonwoven Fabric Market by Technology
11.2.7.2.2France Nonwoven Fabric Market by Material
11.2.7.2.3France Nonwoven Fabric Market by Function
11.2.7.2.4France Nonwoven Fabric Market by Application
11.2.7.3Italy Nonwoven Fabric Market
11.2.7.3.1Italy Nonwoven Fabric Market by Technology
11.2.7.3.2Italy Nonwoven Fabric Market by Material
11.2.7.3.3Italy Nonwoven Fabric Market by Function
11.2.7.3.4Italy Nonwoven Fabric Market by Application
11.2.7.4United Kingdom Nonwoven Fabric Market
11.2.7.4.1United Kingdom Nonwoven Fabric Market by Technology
11.2.7.4.2United Kingdom Nonwoven Fabric Market by Material
11.2.7.4.3United Kingdom Nonwoven Fabric Market by Function
11.2.7.4.4United Kingdom Nonwoven Fabric Market by Application
11.2.7.5Russia Nonwoven Fabric Market
11.2.7.5.1Russia Nonwoven Fabric Market by Technology
11.2.7.5.2Russia Nonwoven Fabric Market by Material
11.2.7.5.3Russia Nonwoven Fabric Market by Function
11.2.7.5.4Russia Nonwoven Fabric Market by Application
11.2.7.6Rest of Europe Nonwoven Fabric Market
11.2.7.6.1Rest of Europe Nonwoven Fabric Market by Technology
11.2.7.6.2Rest of Europe Nonwoven Fabric Market by Material
11.2.7.6.3Rest of Europe Nonwoven Fabric Market by Function
11.2.7.6.4Rest of Europe Nonwoven Fabric Market by Application
11.3.ASIA-PACIFIC
11.3.1Asia-Pacific Nonwoven Fabric Market Overview
11.3.2Asia-Pacific Nonwoven Fabric Market Forecasts and Analysis
11.3.3Asia-Pacific Nonwoven Fabric Market Forecasts and Analysis - By Technology
11.3.4Asia-Pacific Nonwoven Fabric Market Forecasts and Analysis - By Material
11.3.5Asia-Pacific Nonwoven Fabric Market Forecasts and Analysis - By Function
11.3.6Asia-Pacific Nonwoven Fabric Market Forecasts and Analysis - By Application
11.3.7Asia-Pacific Nonwoven Fabric Market Forecasts and Analysis - By Countries
11.3.7.1Australia Nonwoven Fabric Market
11.3.7.1.1Australia Nonwoven Fabric Market by Technology
11.3.7.1.2Australia Nonwoven Fabric Market by Material
11.3.7.1.3Australia Nonwoven Fabric Market by Function
11.3.7.1.4Australia Nonwoven Fabric Market by Application
11.3.7.2China Nonwoven Fabric Market
11.3.7.2.1China Nonwoven Fabric Market by Technology
11.3.7.2.2China Nonwoven Fabric Market by Material
11.3.7.2.3China Nonwoven Fabric Market by Function
11.3.7.2.4China Nonwoven Fabric Market by Application
11.3.7.3India Nonwoven Fabric Market
11.3.7.3.1India Nonwoven Fabric Market by Technology
11.3.7.3.2India Nonwoven Fabric Market by Material
11.3.7.3.3India Nonwoven Fabric Market by Function
11.3.7.3.4India Nonwoven Fabric Market by Application
11.3.7.4Japan Nonwoven Fabric Market
11.3.7.4.1Japan Nonwoven Fabric Market by Technology
11.3.7.4.2Japan Nonwoven Fabric Market by Material
11.3.7.4.3Japan Nonwoven Fabric Market by Function
11.3.7.4.4Japan Nonwoven Fabric Market by Application
11.3.7.5South Korea Nonwoven Fabric Market
11.3.7.5.1South Korea Nonwoven Fabric Market by Technology
11.3.7.5.2South Korea Nonwoven Fabric Market by Material
11.3.7.5.3South Korea Nonwoven Fabric Market by Function
11.3.7.5.4South Korea Nonwoven Fabric Market by Application
11.3.7.6Rest of Asia-Pacific Nonwoven Fabric Market
11.3.7.6.1Rest of Asia-Pacific Nonwoven Fabric Market by Technology
11.3.7.6.2Rest of Asia-Pacific Nonwoven Fabric Market by Material
11.3.7.6.3Rest of Asia-Pacific Nonwoven Fabric Market by Function
11.3.7.6.4Rest of Asia-Pacific Nonwoven Fabric Market by Application
11.4.MIDDLE EAST and AFRICA
11.4.1Middle East and Africa Nonwoven Fabric Market Overview
11.4.2Middle East and Africa Nonwoven Fabric Market Forecasts and Analysis
11.4.3Middle East and Africa Nonwoven Fabric Market Forecasts and Analysis - By Technology
11.4.4Middle East and Africa Nonwoven Fabric Market Forecasts and Analysis - By Material
11.4.5Middle East and Africa Nonwoven Fabric Market Forecasts and Analysis - By Function
11.4.6Middle East and Africa Nonwoven Fabric Market Forecasts and Analysis - By Application
11.4.7Middle East and Africa Nonwoven Fabric Market Forecasts and Analysis - By Countries
11.4.7.1South Africa Nonwoven Fabric Market
11.4.7.1.1South Africa Nonwoven Fabric Market by Technology
11.4.7.1.2South Africa Nonwoven Fabric Market by Material
11.4.7.1.3South Africa Nonwoven Fabric Market by Function
11.4.7.1.4South Africa Nonwoven Fabric Market by Application
11.4.7.2Saudi Arabia Nonwoven Fabric Market
11.4.7.2.1Saudi Arabia Nonwoven Fabric Market by Technology
11.4.7.2.2Saudi Arabia Nonwoven Fabric Market by Material
11.4.7.2.3Saudi Arabia Nonwoven Fabric Market by Function
11.4.7.2.4Saudi Arabia Nonwoven Fabric Market by Application
11.4.7.3U.A.E Nonwoven Fabric Market
11.4.7.3.1U.A.E Nonwoven Fabric Market by Technology
11.4.7.3.2U.A.E Nonwoven Fabric Market by Material
11.4.7.3.3U.A.E Nonwoven Fabric Market by Function
11.4.7.3.4U.A.E Nonwoven Fabric Market by Application
11.4.7.4Rest of Middle East and Africa Nonwoven Fabric Market
11.4.7.4.1Rest of Middle East and Africa Nonwoven Fabric Market by Technology
11.4.7.4.2Rest of Middle East and Africa Nonwoven Fabric Market by Material
11.4.7.4.3Rest of Middle East and Africa Nonwoven Fabric Market by Function
11.4.7.4.4Rest of Middle East and Africa Nonwoven Fabric Market by Application
11.5.SOUTH and CENTRAL AMERICA
11.5.1South and Central America Nonwoven Fabric Market Overview
11.5.2South and Central America Nonwoven Fabric Market Forecasts and Analysis
11.5.3South and Central America Nonwoven Fabric Market Forecasts and Analysis - By Technology
11.5.4South and Central America Nonwoven Fabric Market Forecasts and Analysis - By Material
11.5.5South and Central America Nonwoven Fabric Market Forecasts and Analysis - By Function
11.5.6South and Central America Nonwoven Fabric Market Forecasts and Analysis - By Application
11.5.7South and Central America Nonwoven Fabric Market Forecasts and Analysis - By Countries
11.5.7.1Brazil Nonwoven Fabric Market
11.5.7.1.1Brazil Nonwoven Fabric Market by Technology
11.5.7.1.2Brazil Nonwoven Fabric Market by Material
11.5.7.1.3Brazil Nonwoven Fabric Market by Function
11.5.7.1.4Brazil Nonwoven Fabric Market by Application
11.5.7.2Argentina Nonwoven Fabric Market
11.5.7.2.1Argentina Nonwoven Fabric Market by Technology
11.5.7.2.2Argentina Nonwoven Fabric Market by Material
11.5.7.2.3Argentina Nonwoven Fabric Market by Function
11.5.7.2.4Argentina Nonwoven Fabric Market by Application
11.5.7.3Rest of South and Central America Nonwoven Fabric Market
11.5.7.3.1Rest of South and Central America Nonwoven Fabric Market by Technology
11.5.7.3.2Rest of South and Central America Nonwoven Fabric Market by Material
11.5.7.3.3Rest of South and Central America Nonwoven Fabric Market by Function
11.5.7.3.4Rest of South and Central America Nonwoven Fabric Market by Application
12.INDUSTRY L and SCAPE
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.NONWOVEN FABRIC MARKET, KEY COMPANY PROFILES
13.1.AHLSTROM-MUNKSJö OYJ.
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.AUTOTECH NONWOVENS
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.BERRY GLOBAL INC.
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.CYGNUSGROUP
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.DUPONT DE NEMOURS INC.
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.EXIMIUS INCORPORATION
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.FITESA S.A.
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.GLATFELTER
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.JOHNS MANVILLE
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.TWE GROUP GMBH.
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
The List of Companies
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.
Get Free Sample For