Power Inductor Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

Coverage: Power Inductor Market covers analysis by Mounting (Surface Mount, Through-Hole); Type (Wire-Wound, Multi-Layer, Thin-film Power Supply); Application (Automotive, Industrial, Telecommunication, Military and Defense, Consumer Electronics, Healthcare, Others) , and Geography (North America, Europe, Asia Pacific, and South and Central America)

  • Report Code : TIPRE00006753
  • Category : Electronics and Semiconductor
  • No. of Pages : 150
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Power Inductor Market Opportunities 2031

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MARKET INTRODUCTION

Traditionally, the voltage conversion applications characterize of significant amount of core losses and EMI interference further resulting in the losses. Power inductors reduce the losses while voltage conversions, provide lower signal losses, and are also used for storing energy. Power inductors maintain a steady current flow in an electrical circuit that is characterized by varying current and/or voltage. The surface mounting technology based power inductors are gaining importance by the end-users in the recent times.

MARKET DYNAMICS

Strong demand for power inductors in applications such as consumer electronics and automotive electronics is anticipated to be one of the major drivers for the power inductor market. The fluctuations in the prices of inductor raw materials affect the profitability of the end-product and thereby challenge the linear growth of the power inductor market. Rising integrations of passive electronic components coupled with smart grids integrations across the globe would provide good opportunities to the players operating in the power inductor market.

MARKET SCOPE

The "Global Power Inductor Market Analysis to 2031" is a specialized and in-depth study of the electronics and semiconductor industry with a special focus on the global market trend analysis. The report aims to provide an overview of the power inductor market with detailed market segmentation by mounting, type, application, and geography. The global power inductor market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading power inductor market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

The global power inductor market is segmented on the basis of mounting, type, and application. Based on mounting, the power inductor market is segmented into surface mount and through-hole. On the basis of type, the power inductor market is segmented into wire-wound, multi-layer, and thin-film power supply. Further, the power inductor market is segmented on the basis of application into automotive, industrial, telecommunication, military and defense, consumer electronics, healthcare, and others.


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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 power inductor market based on various segments. It also provides market size and forecast estimates from the 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 power inductor 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 power inductor market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive Porter's Five Forces analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the power inductor in these regions.

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MARKET PLAYERS


The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global power inductor market based on various segments. It also provides market size and forecast estimates from the 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 power inductor 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 power inductor market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive Porter's Five Forces analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the power inductor in these regions.

MARKET PLAYERS

The reports cover key developments in the power inductor 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 the way for the expansion of business and customer base of market players. The market payers from power inductor market are anticipated to lucrative growth opportunities in the future with the rising demand for power inductor in the global market. Below mentioned is the list of few companies engaged in the power inductor market.

The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the power inductor market. In addition, the report focuses on leading industry players with information such as company profiles, products and services offered, financial information of the last 3 years, the key development in the past five years.

  •  ALPS ALPINE CO., LTD.
  •  Ascend Electronics
  •  Coilcraft Inc.
  •  Delta Electronics, Inc.
  •  Littelfuse, Inc.
  •  Murata Manufacturing Co., Ltd.
  •  Pulse Electronics
  •  SUMIDA CORPORATION
  •  TDK Corporation
  •  Vishay Intertechnology, Inc.

API Delevan, AVX (Kyocera), Chilisin, Allied Components International , Precision Incorporated, Mitsumi Electric, Panasonic Corporation, Siricom Technology , Sagami Elec, Sunlord Electronics, Taiyo Yuden, Wurth Elektronik, Hoesung, and Shenzhen Microgate Technology are few other market players from value chain in the power inductor market which are not profiled in the report but the can be included based on request.

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.
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Report Coverage
Report Coverage

Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends

Segment Covered
Segment Covered

This text is related
to segments covered.

Regional Scope
Regional Scope

North America, Europe, Asia Pacific, Middle East & Africa, South & Central America

Country Scope
Country Scope

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
1.3.1 Power Inductor Market - By Mounting
1.3.2 Power Inductor Market - By Type
1.3.3 Power Inductor Market - By Application
1.3.4 Power Inductor Market - By Region
1.3.4.1 By Country

2. KEY TAKEAWAYS

3. RESEARCH METHODOLOGY

4. POWER INDUCTOR MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PEST ANALYSIS
4.2.1 North America - Pest Analysis
4.2.2 Europe - Pest Analysis
4.2.3 Asia-Pacific - Pest Analysis
4.2.4 Middle East and Africa - Pest Analysis
4.2.5 South and Central America - Pest Analysis
4.3. ECOSYSTEM ANALYSIS
4.4. EXPERT OPINIONS

5. POWER INDUCTOR 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. POWER INDUCTOR MARKET - GLOBAL MARKET ANALYSIS
6.1. POWER INDUCTOR - GLOBAL MARKET OVERVIEW
6.2. POWER INDUCTOR - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE

7. POWER INDUCTOR MARKET - REVENUE AND FORECASTS TO 2028 - MOUNTING
7.1. OVERVIEW
7.2. MOUNTING MARKET FORECASTS AND ANALYSIS
7.3. SURFACE MOUNT
7.3.1. Overview
7.3.2. Surface Mount Market Forecast and Analysis
7.4. THROUGH-HOLE
7.4.1. Overview
7.4.2. Through-Hole Market Forecast and Analysis

8. POWER INDUCTOR MARKET - REVENUE AND FORECASTS TO 2028 - TYPE
8.1. OVERVIEW
8.2. TYPE MARKET FORECASTS AND ANALYSIS
8.3. WIRE-WOUND
8.3.1. Overview
8.3.2. Wire-Wound Market Forecast and Analysis
8.4. MULTI-LAYER
8.4.1. Overview
8.4.2. Multi-Layer Market Forecast and Analysis
8.5. THIN-FILM POWER SUPPLY
8.5.1. Overview
8.5.2. Thin-film Power Supply Market Forecast and Analysis

9. POWER INDUCTOR MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
9.1. OVERVIEW
9.2. APPLICATION MARKET FORECASTS AND ANALYSIS
9.3. AUTOMOTIVE
9.3.1. Overview
9.3.2. Automotive Market Forecast and Analysis
9.4. INDUSTRIAL
9.4.1. Overview
9.4.2. Industrial Market Forecast and Analysis
9.5. TELECOMMUNICATION
9.5.1. Overview
9.5.2. Telecommunication Market Forecast and Analysis
9.6. MILITARY AND DEFENSE
9.6.1. Overview
9.6.2. Military and Defense Market Forecast and Analysis
9.7. CONSUMER ELECTRONICS
9.7.1. Overview
9.7.2. Consumer Electronics Market Forecast and Analysis
9.8. HEALTHCARE
9.8.1. Overview
9.8.2. Healthcare Market Forecast and Analysis
9.9. OTHERS
9.9.1. Overview
9.9.2. Others Market Forecast and Analysis

10. POWER INDUCTOR MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
10.1. NORTH AMERICA
10.1.1 North America Power Inductor Market Overview
10.1.2 North America Power Inductor Market Forecasts and Analysis
10.1.3 North America Power Inductor Market Forecasts and Analysis - By Mounting
10.1.4 North America Power Inductor Market Forecasts and Analysis - By Type
10.1.5 North America Power Inductor Market Forecasts and Analysis - By Application
10.1.6 North America Power Inductor Market Forecasts and Analysis - By Countries
10.1.6.1 United States Power Inductor Market
10.1.6.1.1 United States Power Inductor Market by Mounting
10.1.6.1.2 United States Power Inductor Market by Type
10.1.6.1.3 United States Power Inductor Market by Application
10.1.6.2 Canada Power Inductor Market
10.1.6.2.1 Canada Power Inductor Market by Mounting
10.1.6.2.2 Canada Power Inductor Market by Type
10.1.6.2.3 Canada Power Inductor Market by Application
10.1.6.3 Mexico Power Inductor Market
10.1.6.3.1 Mexico Power Inductor Market by Mounting
10.1.6.3.2 Mexico Power Inductor Market by Type
10.1.6.3.3 Mexico Power Inductor Market by Application
10.2. EUROPE
10.2.1 Europe Power Inductor Market Overview
10.2.2 Europe Power Inductor Market Forecasts and Analysis
10.2.3 Europe Power Inductor Market Forecasts and Analysis - By Mounting
10.2.4 Europe Power Inductor Market Forecasts and Analysis - By Type
10.2.5 Europe Power Inductor Market Forecasts and Analysis - By Application
10.2.6 Europe Power Inductor Market Forecasts and Analysis - By Countries
10.2.6.1 Germany Power Inductor Market
10.2.6.1.1 Germany Power Inductor Market by Mounting
10.2.6.1.2 Germany Power Inductor Market by Type
10.2.6.1.3 Germany Power Inductor Market by Application
10.2.6.2 France Power Inductor Market
10.2.6.2.1 France Power Inductor Market by Mounting
10.2.6.2.2 France Power Inductor Market by Type
10.2.6.2.3 France Power Inductor Market by Application
10.2.6.3 Italy Power Inductor Market
10.2.6.3.1 Italy Power Inductor Market by Mounting
10.2.6.3.2 Italy Power Inductor Market by Type
10.2.6.3.3 Italy Power Inductor Market by Application
10.2.6.4 United Kingdom Power Inductor Market
10.2.6.4.1 United Kingdom Power Inductor Market by Mounting
10.2.6.4.2 United Kingdom Power Inductor Market by Type
10.2.6.4.3 United Kingdom Power Inductor Market by Application
10.2.6.5 Russia Power Inductor Market
10.2.6.5.1 Russia Power Inductor Market by Mounting
10.2.6.5.2 Russia Power Inductor Market by Type
10.2.6.5.3 Russia Power Inductor Market by Application
10.2.6.6 Rest of Europe Power Inductor Market
10.2.6.6.1 Rest of Europe Power Inductor Market by Mounting
10.2.6.6.2 Rest of Europe Power Inductor Market by Type
10.2.6.6.3 Rest of Europe Power Inductor Market by Application
10.3. ASIA-PACIFIC
10.3.1 Asia-Pacific Power Inductor Market Overview
10.3.2 Asia-Pacific Power Inductor Market Forecasts and Analysis
10.3.3 Asia-Pacific Power Inductor Market Forecasts and Analysis - By Mounting
10.3.4 Asia-Pacific Power Inductor Market Forecasts and Analysis - By Type
10.3.5 Asia-Pacific Power Inductor Market Forecasts and Analysis - By Application
10.3.6 Asia-Pacific Power Inductor Market Forecasts and Analysis - By Countries
10.3.6.1 Australia Power Inductor Market
10.3.6.1.1 Australia Power Inductor Market by Mounting
10.3.6.1.2 Australia Power Inductor Market by Type
10.3.6.1.3 Australia Power Inductor Market by Application
10.3.6.2 China Power Inductor Market
10.3.6.2.1 China Power Inductor Market by Mounting
10.3.6.2.2 China Power Inductor Market by Type
10.3.6.2.3 China Power Inductor Market by Application
10.3.6.3 India Power Inductor Market
10.3.6.3.1 India Power Inductor Market by Mounting
10.3.6.3.2 India Power Inductor Market by Type
10.3.6.3.3 India Power Inductor Market by Application
10.3.6.4 Japan Power Inductor Market
10.3.6.4.1 Japan Power Inductor Market by Mounting
10.3.6.4.2 Japan Power Inductor Market by Type
10.3.6.4.3 Japan Power Inductor Market by Application
10.3.6.5 South Korea Power Inductor Market
10.3.6.5.1 South Korea Power Inductor Market by Mounting
10.3.6.5.2 South Korea Power Inductor Market by Type
10.3.6.5.3 South Korea Power Inductor Market by Application
10.3.6.6 Rest of Asia-Pacific Power Inductor Market
10.3.6.6.1 Rest of Asia-Pacific Power Inductor Market by Mounting
10.3.6.6.2 Rest of Asia-Pacific Power Inductor Market by Type
10.3.6.6.3 Rest of Asia-Pacific Power Inductor Market by Application
10.4. MIDDLE EAST AND AFRICA
10.4.1 Middle East and Africa Power Inductor Market Overview
10.4.2 Middle East and Africa Power Inductor Market Forecasts and Analysis
10.4.3 Middle East and Africa Power Inductor Market Forecasts and Analysis - By Mounting
10.4.4 Middle East and Africa Power Inductor Market Forecasts and Analysis - By Type
10.4.5 Middle East and Africa Power Inductor Market Forecasts and Analysis - By Application
10.4.6 Middle East and Africa Power Inductor Market Forecasts and Analysis - By Countries
10.4.6.1 South Africa Power Inductor Market
10.4.6.1.1 South Africa Power Inductor Market by Mounting
10.4.6.1.2 South Africa Power Inductor Market by Type
10.4.6.1.3 South Africa Power Inductor Market by Application
10.4.6.2 Saudi Arabia Power Inductor Market
10.4.6.2.1 Saudi Arabia Power Inductor Market by Mounting
10.4.6.2.2 Saudi Arabia Power Inductor Market by Type
10.4.6.2.3 Saudi Arabia Power Inductor Market by Application
10.4.6.3 U.A.E Power Inductor Market
10.4.6.3.1 U.A.E Power Inductor Market by Mounting
10.4.6.3.2 U.A.E Power Inductor Market by Type
10.4.6.3.3 U.A.E Power Inductor Market by Application
10.4.6.4 Rest of Middle East and Africa Power Inductor Market
10.4.6.4.1 Rest of Middle East and Africa Power Inductor Market by Mounting
10.4.6.4.2 Rest of Middle East and Africa Power Inductor Market by Type
10.4.6.4.3 Rest of Middle East and Africa Power Inductor Market by Application
10.5. SOUTH AND CENTRAL AMERICA
10.5.1 South and Central America Power Inductor Market Overview
10.5.2 South and Central America Power Inductor Market Forecasts and Analysis
10.5.3 South and Central America Power Inductor Market Forecasts and Analysis - By Mounting
10.5.4 South and Central America Power Inductor Market Forecasts and Analysis - By Type
10.5.5 South and Central America Power Inductor Market Forecasts and Analysis - By Application
10.5.6 South and Central America Power Inductor Market Forecasts and Analysis - By Countries
10.5.6.1 Brazil Power Inductor Market
10.5.6.1.1 Brazil Power Inductor Market by Mounting
10.5.6.1.2 Brazil Power Inductor Market by Type
10.5.6.1.3 Brazil Power Inductor Market by Application
10.5.6.2 Argentina Power Inductor Market
10.5.6.2.1 Argentina Power Inductor Market by Mounting
10.5.6.2.2 Argentina Power Inductor Market by Type
10.5.6.2.3 Argentina Power Inductor Market by Application
10.5.6.3 Rest of South and Central America Power Inductor Market
10.5.6.3.1 Rest of South and Central America Power Inductor Market by Mounting
10.5.6.3.2 Rest of South and Central America Power Inductor Market by Type
10.5.6.3.3 Rest of South and Central America Power Inductor 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. POWER INDUCTOR MARKET, KEY COMPANY PROFILES
12.1. ALPS ALPINE CO., LTD.
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. ASCEND ELECTRONICS
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. COILCRAFT INC.
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. DELTA ELECTRONICS, 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. LITTELFUSE, INC.
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. MURATA MANUFACTURING CO., LTD.
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. PULSE ELECTRONICS
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. SUMIDA CORPORATION
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. TDK CORPORATION
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. VISHAY INTERTECHNOLOGY, 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
The List of Companies

1. ALPS ALPINE CO., LTD.2. Ascend Electronics3. Coilcraft Inc.4. Delta Electronics, Inc.5. Littelfuse, Inc.6. Murata Manufacturing Co., Ltd.7. Pulse Electronics8. SUMIDA CORPORATION9. TDK Corporation10. Vishay Intertechnology, Inc.

The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.

  1. Data Collection and Secondary Research:

As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.

Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.

  1. Primary Research:

The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.

For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.

A typical research interview fulfils the following functions:

  • Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
  • Validates and strengthens in-house secondary research findings
  • Develops the analysis team’s expertise and market understanding

Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:

  • Industry participants: VPs, business development managers, market intelligence managers and national sales managers
  • Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.

Below is the breakup of our primary respondents by company, designation, and region:

Research Methodology

Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.

  1. Data Analysis:

Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.

  • 3.1 Macro-Economic Factor Analysis:

We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.

  • 3.2 Country Level Data:

Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.

  • 3.3 Company Profile:

The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.

  • 3.4 Developing Base Number:

Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.

  1. Data Triangulation and Final Review:

The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.

We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.

We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.

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