Shortwave Infrared Market Dynamics, Growth, Trends, and Opportunities 2031

Coverage: Shortwave Infrared Market covers analysis by Scanning Type (Area Scan, Line Scan); Technology (Cooled, Uncooled); Application (Security and Surveillance, Monitoring and Inspection, Detection) , and Geography (North America, Europe, Asia Pacific, and South and Central America)

  • Report Code : TIPRE00004148
  • Category : Electronics and Semiconductor
  • No. of Pages : 150
Buy Now

Shortwave Infrared Market Forecast (2024-2031), Size, Share

Buy Now

The Shortwave Infrared Market is expected to register a CAGR of 7.6% from 2023 to 2031, with a market size expanding from US$ XX million in 2023 to US$ XX Million by 2031.

The report is segmented By Technology (Uncooled and Cooled), Product Type (SWIR Area Cameras and SWIR Linear Cameras), End-user Industries (Defense and Military, Healthcare and Research, Automotive). The global analysis is further broken-down at regional level and major countries. The report offers the value in USD for the above analysis and segments

Purpose of the Report

The report Shortwave Infrared Market by The Insight Partners aims to describe the present landscape and future growth, top driving factors, challenges, and opportunities. This will provide insights to various business stakeholders, such as:

  • Technology Providers/Manufacturers: To understand the evolving market dynamics and know the potential growth opportunities, enabling them to make informed strategic decisions.
  • Investors: To conduct a comprehensive trend analysis regarding the market growth rate, market financial projections, and opportunities that exist across the value chain.
  • Regulatory bodies: To regulate policies and police activities in the market with the aim of minimizing abuse, preserving investor trust and confidence, and upholding the integrity and stability of the market.

Shortwave Infrared Market Segmentation

Technology
  • Uncooled and Cooled
Product Type
  • SWIR Area Cameras and SWIR Linear Cameras
End-user Industries
  • Defense and Military
  • Healthcare and Research
  • Automotive
Geography
  • North America
  • Europe
  • Asia-Pacific
  • South and Central America
  • Middle East and Africa
Geography
  • North America
  • Europe
  • Asia-Pacific
  • South and Central America
  • Middle East and Africa

Strategic Insights

Shortwave Infrared Market Growth Drivers
  • Growing Demand in Industrial Applications: The increasing use of shortwave infrared (SWIR) technology in industrial applications like quality control, material sorting, and inspection is driving market growth. SWIR sensors provide superior imaging capabilities, especially in challenging environments such as low-light conditions, contributing to their growing adoption in industries such as manufacturing, aerospace, and defense.
  • Advancements in SWIR Imaging Technology: Technological advancements in SWIR imaging systems are enhancing their performance, offering higher resolution, sensitivity, and broader applications. These improvements make SWIR sensors more suitable for applications like remote sensing, surveillance, and agriculture, thus driving their adoption across various sectors.
Shortwave Infrared Market Future Trends
  • Miniaturization of SWIR Sensors: The trend toward miniaturizing SWIR sensors is making them more accessible and cost-effective for various applications. Smaller, more efficient sensors are being integrated into portable devices, drones, and handheld systems, enabling real-time monitoring in diverse industries such as agriculture, security, and healthcare.
  • Integration of SWIR with AI and Machine Learning: There is an increasing trend to integrate SWIR imaging systems with artificial intelligence (AI) and machine learning (ML) for enhanced data analysis. These integrations help to improve decision-making processes in industries such as agriculture, manufacturing, and surveillance by automating and optimizing data interpretation.
Shortwave Infrared Market Opportunities
  • Growth in Remote Sensing Applications: SWIR technology's ability to penetrate various materials and provide detailed imagery makes it ideal for remote sensing applications. Opportunities are growing in environmental monitoring, mineral exploration, and disaster management, where SWIR imaging can be used for real-time data collection and analysis.
  • Expansion in Military and Defense Applications: The military and defense sectors present a strong growth opportunity for the SWIR market. SWIR sensors are increasingly used in surveillance, reconnaissance, and targeting systems due to their ability to operate in low-light and obscured conditions, providing a significant edge for tactical operations.

Market Report Scope

Key Selling Points

  • Comprehensive Coverage: The report comprehensively covers the analysis of products, services, types, and end users of the Shortwave Infrared Market, providing a holistic landscape.
  • Expert Analysis: The report is compiled based on the in-depth understanding of industry experts and analysts.
  • Up-to-date Information: The report assures business relevance due to its coverage of recent information and data trends.
  • Customization Options: This report can be customized to cater to specific client requirements and suit the business strategies aptly.

The research report on the Shortwave Infrared Market can, therefore, help spearhead the trail of decoding and understanding the industry scenario and growth prospects. Although there can be a few valid concerns, the overall benefits of this report tend to outweigh the disadvantages.

REGIONAL FRAMEWORK
World Geography

Have a question?

Analyst

Naveen

Naveen will walk you through a 15-minute call to present the report’s content and answer all queries if you have any.

Analyst   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
MARKET PLAYERS
  • 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
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.

Frequently Asked Questions


What is the expected CAGR of the shortwave infrared market

The Shortwave Infrared Market is estimated to witness a CAGR of 7.6% from 2023 to 2031

What are the driving factors impacting the global shortwave infrared market?

Technological advancements in imaging systems and growing demand in security and surveillance are the major factors driving the shortwave infrared market

What are the future trends of the shortwave infrared market?

Hybrid and multispectral imaging integration to play a significant role in the global shortwave infrared market in the coming years

What are the deliverable formats of the market report?

The report can be delivered in PDF/PPT format; we can also share excel dataset based on the request

What are the options available for the customization of this report?

Some of the customization options available based on the request are an additional 3-5 company profiles and country-specific analysis of 3-5 countries of your choice. Customizations are to be requested/discussed before making final order confirmation# as our team would review the same and check the feasibility

TABLE OF CONTENTS

1.INTRODUCTION
1.1.SCOPE OF THE STUDY
1.2.THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3.MARKET SEGMENTATION
1.3.1Shortwave Infrared Market - By Scanning Type
1.3.2Shortwave Infrared Market - By Technology
1.3.3Shortwave Infrared Market - By Application
1.3.4Shortwave Infrared Market - By Region
1.3.4.1By Country

2.KEY TAKEWAYS

3.RESEARCH METHODOLOGY

4.SHORTWAVE INFRARED 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.SHORTWAVE INFRARED 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.SHORTWAVE INFRARED MARKET - GLOBAL MARKET ANALYSIS
6.1.SHORTWAVE INFRARED - GLOBAL MARKET OVERVIEW
6.2.SHORTWAVE INFRARED - GLOBAL MARKET AND FORECAST TO 2028
6.3.MARKET POSITIONING/MARKET SHARE

7.SHORTWAVE INFRARED MARKET - REVENUE AND FORECASTS TO 2028 - SCANNING TYPE
7.1.OVERVIEW
7.2.SCANNING TYPE MARKET FORECASTS AND ANALYSIS
7.3.AREA SCAN
7.3.1.Overview
7.3.2.Area Scan Market Forecast and Analysis
7.4.LINE SCAN
7.4.1.Overview
7.4.2.Line Scan Market Forecast and Analysis
8.SHORTWAVE INFRARED MARKET - REVENUE AND FORECASTS TO 2028 - TECHNOLOGY
8.1.OVERVIEW
8.2.TECHNOLOGY MARKET FORECASTS AND ANALYSIS
8.3.COOLED
8.3.1.Overview
8.3.2.Cooled Market Forecast and Analysis
8.4.UNCOOLED
8.4.1.Overview
8.4.2.Uncooled Market Forecast and Analysis
9.SHORTWAVE INFRARED MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
9.1.OVERVIEW
9.2.APPLICATION MARKET FORECASTS AND ANALYSIS
9.3.SECURITY AND SURVEILLANCE
9.3.1.Overview
9.3.2.Security and Surveillance Market Forecast and Analysis
9.4.MONITORING AND INSPECTION
9.4.1.Overview
9.4.2.Monitoring and Inspection Market Forecast and Analysis
9.5.DETECTION
9.5.1.Overview
9.5.2.Detection Market Forecast and Analysis

10.SHORTWAVE INFRARED MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
10.1.NORTH AMERICA
10.1.1North America Shortwave Infrared Market Overview
10.1.2North America Shortwave Infrared Market Forecasts and Analysis
10.1.3North America Shortwave Infrared Market Forecasts and Analysis - By Scanning Type
10.1.4North America Shortwave Infrared Market Forecasts and Analysis - By Technology
10.1.5North America Shortwave Infrared Market Forecasts and Analysis - By Application
10.1.6North America Shortwave Infrared Market Forecasts and Analysis - By Countries
10.1.6.1United States Shortwave Infrared Market
10.1.6.1.1United States Shortwave Infrared Market by Scanning Type
10.1.6.1.2United States Shortwave Infrared Market by Technology
10.1.6.1.3United States Shortwave Infrared Market by Application
10.1.6.2Canada Shortwave Infrared Market
10.1.6.2.1Canada Shortwave Infrared Market by Scanning Type
10.1.6.2.2Canada Shortwave Infrared Market by Technology
10.1.6.2.3Canada Shortwave Infrared Market by Application
10.1.6.3Mexico Shortwave Infrared Market
10.1.6.3.1Mexico Shortwave Infrared Market by Scanning Type
10.1.6.3.2Mexico Shortwave Infrared Market by Technology
10.1.6.3.3Mexico Shortwave Infrared Market by Application
10.2.EUROPE
10.2.1Europe Shortwave Infrared Market Overview
10.2.2Europe Shortwave Infrared Market Forecasts and Analysis
10.2.3Europe Shortwave Infrared Market Forecasts and Analysis - By Scanning Type
10.2.4Europe Shortwave Infrared Market Forecasts and Analysis - By Technology
10.2.5Europe Shortwave Infrared Market Forecasts and Analysis - By Application
10.2.6Europe Shortwave Infrared Market Forecasts and Analysis - By Countries
10.2.6.1Germany Shortwave Infrared Market
10.2.6.1.1Germany Shortwave Infrared Market by Scanning Type
10.2.6.1.2Germany Shortwave Infrared Market by Technology
10.2.6.1.3Germany Shortwave Infrared Market by Application
10.2.6.2France Shortwave Infrared Market
10.2.6.2.1France Shortwave Infrared Market by Scanning Type
10.2.6.2.2France Shortwave Infrared Market by Technology
10.2.6.2.3France Shortwave Infrared Market by Application
10.2.6.3Italy Shortwave Infrared Market
10.2.6.3.1Italy Shortwave Infrared Market by Scanning Type
10.2.6.3.2Italy Shortwave Infrared Market by Technology
10.2.6.3.3Italy Shortwave Infrared Market by Application
10.2.6.4United Kingdom Shortwave Infrared Market
10.2.6.4.1United Kingdom Shortwave Infrared Market by Scanning Type
10.2.6.4.2United Kingdom Shortwave Infrared Market by Technology
10.2.6.4.3United Kingdom Shortwave Infrared Market by Application
10.2.6.5Russia Shortwave Infrared Market
10.2.6.5.1Russia Shortwave Infrared Market by Scanning Type
10.2.6.5.2Russia Shortwave Infrared Market by Technology
10.2.6.5.3Russia Shortwave Infrared Market by Application
10.2.6.6Rest of Europe Shortwave Infrared Market
10.2.6.6.1Rest of Europe Shortwave Infrared Market by Scanning Type
10.2.6.6.2Rest of Europe Shortwave Infrared Market by Technology
10.2.6.6.3Rest of Europe Shortwave Infrared Market by Application
10.3.ASIA-PACIFIC
10.3.1Asia-Pacific Shortwave Infrared Market Overview
10.3.2Asia-Pacific Shortwave Infrared Market Forecasts and Analysis
10.3.3Asia-Pacific Shortwave Infrared Market Forecasts and Analysis - By Scanning Type
10.3.4Asia-Pacific Shortwave Infrared Market Forecasts and Analysis - By Technology
10.3.5Asia-Pacific Shortwave Infrared Market Forecasts and Analysis - By Application
10.3.6Asia-Pacific Shortwave Infrared Market Forecasts and Analysis - By Countries
10.3.6.1Australia Shortwave Infrared Market
10.3.6.1.1Australia Shortwave Infrared Market by Scanning Type
10.3.6.1.2Australia Shortwave Infrared Market by Technology
10.3.6.1.3Australia Shortwave Infrared Market by Application
10.3.6.2China Shortwave Infrared Market
10.3.6.2.1China Shortwave Infrared Market by Scanning Type
10.3.6.2.2China Shortwave Infrared Market by Technology
10.3.6.2.3China Shortwave Infrared Market by Application
10.3.6.3India Shortwave Infrared Market
10.3.6.3.1India Shortwave Infrared Market by Scanning Type
10.3.6.3.2India Shortwave Infrared Market by Technology
10.3.6.3.3India Shortwave Infrared Market by Application
10.3.6.4Japan Shortwave Infrared Market
10.3.6.4.1Japan Shortwave Infrared Market by Scanning Type
10.3.6.4.2Japan Shortwave Infrared Market by Technology
10.3.6.4.3Japan Shortwave Infrared Market by Application
10.3.6.5South Korea Shortwave Infrared Market
10.3.6.5.1South Korea Shortwave Infrared Market by Scanning Type
10.3.6.5.2South Korea Shortwave Infrared Market by Technology
10.3.6.5.3South Korea Shortwave Infrared Market by Application
10.3.6.6Rest of Asia-Pacific Shortwave Infrared Market
10.3.6.6.1Rest of Asia-Pacific Shortwave Infrared Market by Scanning Type
10.3.6.6.2Rest of Asia-Pacific Shortwave Infrared Market by Technology
10.3.6.6.3Rest of Asia-Pacific Shortwave Infrared Market by Application
10.4.MIDDLE EAST AND AFRICA
10.4.1Middle East and Africa Shortwave Infrared Market Overview
10.4.2Middle East and Africa Shortwave Infrared Market Forecasts and Analysis
10.4.3Middle East and Africa Shortwave Infrared Market Forecasts and Analysis - By Scanning Type
10.4.4Middle East and Africa Shortwave Infrared Market Forecasts and Analysis - By Technology
10.4.5Middle East and Africa Shortwave Infrared Market Forecasts and Analysis - By Application
10.4.6Middle East and Africa Shortwave Infrared Market Forecasts and Analysis - By Countries
10.4.6.1South Africa Shortwave Infrared Market
10.4.6.1.1South Africa Shortwave Infrared Market by Scanning Type
10.4.6.1.2South Africa Shortwave Infrared Market by Technology
10.4.6.1.3South Africa Shortwave Infrared Market by Application
10.4.6.2Saudi Arabia Shortwave Infrared Market
10.4.6.2.1Saudi Arabia Shortwave Infrared Market by Scanning Type
10.4.6.2.2Saudi Arabia Shortwave Infrared Market by Technology
10.4.6.2.3Saudi Arabia Shortwave Infrared Market by Application
10.4.6.3U.A.E Shortwave Infrared Market
10.4.6.3.1U.A.E Shortwave Infrared Market by Scanning Type
10.4.6.3.2U.A.E Shortwave Infrared Market by Technology
10.4.6.3.3U.A.E Shortwave Infrared Market by Application
10.4.6.4Rest of Middle East and Africa Shortwave Infrared Market
10.4.6.4.1Rest of Middle East and Africa Shortwave Infrared Market by Scanning Type
10.4.6.4.2Rest of Middle East and Africa Shortwave Infrared Market by Technology
10.4.6.4.3Rest of Middle East and Africa Shortwave Infrared Market by Application
10.5.SOUTH AND CENTRAL AMERICA
10.5.1South and Central America Shortwave Infrared Market Overview
10.5.2South and Central America Shortwave Infrared Market Forecasts and Analysis
10.5.3South and Central America Shortwave Infrared Market Forecasts and Analysis - By Scanning Type
10.5.4South and Central America Shortwave Infrared Market Forecasts and Analysis - By Technology
10.5.5South and Central America Shortwave Infrared Market Forecasts and Analysis - By Application
10.5.6South and Central America Shortwave Infrared Market Forecasts and Analysis - By Countries
10.5.6.1Brazil Shortwave Infrared Market
10.5.6.1.1Brazil Shortwave Infrared Market by Scanning Type
10.5.6.1.2Brazil Shortwave Infrared Market by Technology
10.5.6.1.3Brazil Shortwave Infrared Market by Application
10.5.6.2Argentina Shortwave Infrared Market
10.5.6.2.1Argentina Shortwave Infrared Market by Scanning Type
10.5.6.2.2Argentina Shortwave Infrared Market by Technology
10.5.6.2.3Argentina Shortwave Infrared Market by Application
10.5.6.3Rest of South and Central America Shortwave Infrared Market
10.5.6.3.1Rest of South and Central America Shortwave Infrared Market by Scanning Type
10.5.6.3.2Rest of South and Central America Shortwave Infrared Market by Technology
10.5.6.3.3Rest of South and Central America Shortwave Infrared 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.SHORTWAVE INFRARED MARKET, KEY COMPANY PROFILES
12.1.ALLIED VISION TECHNOLOGIES GMBH
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.FLIR SYSTEMS, INC.
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.FLUXDATA 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.INTEVAC, 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.NEW IMAGING TECHNOLOGIES
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.PHOTON ETC.
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.PRINCETON INFRARED TECHNOLOGIES, INC.
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.RAPTOR PHOTONICS
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.SENSORS UNLIMITED
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.XENICS
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.Allied Vision Technologies GmbH
2.Flir Systems, Inc.
3.FluxData Inc.
4.INTEVAC, INC.
5.New Imaging Technologies
6.Photon Etc.
7.Princeton Infrared Technologies, Inc.
8.Raptor Photonics
9.Sensors Unlimited
10.Xenics

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.

Your data will never be shared with third parties, however, we may send you information from time to time about our products that may be of interest to you. By submitting your details, you agree to be contacted by us. You may contact us at any time to opt-out.

Trends and growth analysis reports related to Electronics and Semiconductor : READ MORE..