Soil Amendments Market Dynamics 2021-2031
Any material added to a soil to improve physical attributes such as water retention, permeability, water infiltration, drainage, aeration, and structure is referred to as a soil amendment. The purpose is to improve the root system's environment. An amendment must be completely incorporated into the soil before it can act. Soil amendments are usually mixed with soil before any cultivation to improve its tilth resulting in a healthy crop growth. The market has grown significantly as demand for food goods has increased and soil quality has deteriorated. With a number of local and foreign businesses active in the sector, it is quite competitive.
MARKET DYNAMICS
The key factors impacting the market's growth are the degradation of soil quality due to agricultural deforestation, the usage of chemical fertilisers, and rising urbanisation. The market is seeing a significant increase in consumer awareness of healthy and organic food products as a result of the usage of modifications. Lack of knowledge about such products among rural people or farmers can be a market constraint.
MARKET SCOPE
The "Global Soil Amendments Market Analysis to 2031" is a specialized and in-depth study of the chemicals and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of the soil amendments market with detailed market segmentation by type, soil type, crop type and form. The global soil amendments market is expected to witness notable growth during the forecast period. The report provides key statistics on the market status of the leading soil amendments market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global soil amendments market is segmented on the basis of type, soil type, crop type and form. Based on type, the global soil amendments market is segmented into organic and inorganic. On the basis of soil type, the market is segmented into loam, clay, silt and sand. Based on crop type, the market is bifurcated into Cereals and Grains, Fruits and Vegetables, Oilseeds and Pulses, and Others. On the basis of form, the market is segmented into dry and liquid.
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 soil amendments 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), the Middle East and Africa (MEA), and South & Central America. The soil amendments 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 soil amendments 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 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 soil amendments 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 soil amendments 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), the Middle East and Africa (MEA), and South & Central America. The soil amendments 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 soil amendments 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 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 soil amendments market in these regions.
MARKET PLAYERS
The reports cover key developments in the soil amendments 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 marketwere acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from soil amendments market are anticipated to lucrative growth opportunities in the future with the rising demand for soil amendments in the global market. Below mentioned is the list of few companies engaged in the soil amendments market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the soil amendments market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- BASF SE
- UPL
- Sika AG
- ADAMA Agricultural Solutions
- FMC Corporation
- Nufarm
- Evonik Industries AG
- Novozymes A/S
- Agrinos
- T. Stanes and Company
- 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 Soil Amendments Market - By Type
1. 3. 2 Soil Amendments Market - By Soil Type
1. 3. 3 Soil Amendments Market - By Crop Type
1. 3. 4 Soil Amendments Market - By Form
1. 3. 5 Soil Amendments Market - By Region
1. 3. 5. 1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. SOIL AMENDMENTS 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. SOIL AMENDMENTS 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. SOIL AMENDMENTS MARKET - GLOBAL MARKET ANALYSIS
6. 1. SOIL AMENDMENTS - GLOBAL MARKET OVERVIEW
6. 2. SOIL AMENDMENTS - GLOBAL MARKET AND FORECAST TO 2028
6. 3. MARKET POSITIONING/MARKET SHARE
7. SOIL AMENDMENTS MARKET - REVENUE AND FORECASTS TO 2028 - TYPE
7. 1. OVERVIEW
7. 2. TYPE MARKET FORECASTS AND ANALYSIS
7. 3. ORGANIC
7. 3. 1. Overview
7. 3. 2. Organic Market Forecast and Analysis
7. 4. INORGANIC
7. 4. 1. Overview
7. 4. 2. Inorganic Market Forecast and Analysis
8. SOIL AMENDMENTS MARKET - REVENUE AND FORECASTS TO 2028 - SOIL TYPE
8. 1. OVERVIEW
8. 2. SOIL TYPE MARKET FORECASTS AND ANALYSIS
8. 3. LOAM
8. 3. 1. Overview
8. 3. 2. Loam Market Forecast and Analysis
8. 4. CLAY
8. 4. 1. Overview
8. 4. 2. Clay Market Forecast and Analysis
8. 5. SILT
8. 5. 1. Overview
8. 5. 2. Silt Market Forecast and Analysis
8. 6. SAND
8. 6. 1. Overview
8. 6. 2. Sand Market Forecast and Analysis
9. SOIL AMENDMENTS MARKET - REVENUE AND FORECASTS TO 2028 - CROP TYPE
9. 1. OVERVIEW
9. 2. CROP TYPE MARKET FORECASTS AND ANALYSIS
9. 3. CEREALS AND GRAINS
9. 3. 1. Overview
9. 3. 2. Cereals and Grains Market Forecast and Analysis
9. 4. FRUITS AND VEGETABLES
9. 4. 1. Overview
9. 4. 2. Fruits and Vegetables Market Forecast and Analysis
9. 5. OILSEEDS AND PULSES
9. 5. 1. Overview
9. 5. 2. Oilseeds and Pulses Market Forecast and Analysis
9. 6. OTHERS
9. 6. 1. Overview
9. 6. 2. Others Market Forecast and Analysis
10. SOIL AMENDMENTS MARKET - REVENUE AND FORECASTS TO 2028 - FORM
10. 1. OVERVIEW
10. 2. FORM MARKET FORECASTS AND ANALYSIS
10. 3. DRY
10. 3. 1. Overview
10. 3. 2. Dry Market Forecast and Analysis
10. 4. LIQUID
10. 4. 1. Overview
10. 4. 2. Liquid Market Forecast and Analysis
11. SOIL AMENDMENTS MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
11. 1. NORTH AMERICA
11. 1. 1 North America Soil Amendments Market Overview
11. 1. 2 North America Soil Amendments Market Forecasts and Analysis
11. 1. 3 North America Soil Amendments Market Forecasts and Analysis - By Type
11. 1. 4 North America Soil Amendments Market Forecasts and Analysis - By Soil Type
11. 1. 5 North America Soil Amendments Market Forecasts and Analysis - By Crop Type
11. 1. 6 North America Soil Amendments Market Forecasts and Analysis - By Form
11. 1. 7 North America Soil Amendments Market Forecasts and Analysis - By Countries
11. 1. 7. 1 Canada Soil Amendments Market
11. 1. 7. 1. 1 Canada Soil Amendments Market by Type
11. 1. 7. 1. 2 Canada Soil Amendments Market by Soil Type
11. 1. 7. 1. 3 Canada Soil Amendments Market by Crop Type
11. 1. 7. 1. 4 Canada Soil Amendments Market by Form
11. 1. 7. 2 Mexico Soil Amendments Market
11. 1. 7. 2. 1 Mexico Soil Amendments Market by Type
11. 1. 7. 2. 2 Mexico Soil Amendments Market by Soil Type
11. 1. 7. 2. 3 Mexico Soil Amendments Market by Crop Type
11. 1. 7. 2. 4 Mexico Soil Amendments Market by Form
11. 1. 7. 3 US Soil Amendments Market
11. 1. 7. 3. 1 US Soil Amendments Market by Type
11. 1. 7. 3. 2 US Soil Amendments Market by Soil Type
11. 1. 7. 3. 3 US Soil Amendments Market by Crop Type
11. 1. 7. 3. 4 US Soil Amendments Market by Form
11. 2. EUROPE
11. 2. 1 Europe Soil Amendments Market Overview
11. 2. 2 Europe Soil Amendments Market Forecasts and Analysis
11. 2. 3 Europe Soil Amendments Market Forecasts and Analysis - By Type
11. 2. 4 Europe Soil Amendments Market Forecasts and Analysis - By Soil Type
11. 2. 5 Europe Soil Amendments Market Forecasts and Analysis - By Crop Type
11. 2. 6 Europe Soil Amendments Market Forecasts and Analysis - By Form
11. 2. 7 Europe Soil Amendments Market Forecasts and Analysis - By Countries
11. 2. 7. 1 Germany Soil Amendments Market
11. 2. 7. 1. 1 Germany Soil Amendments Market by Type
11. 2. 7. 1. 2 Germany Soil Amendments Market by Soil Type
11. 2. 7. 1. 3 Germany Soil Amendments Market by Crop Type
11. 2. 7. 1. 4 Germany Soil Amendments Market by Form
11. 2. 7. 2 France Soil Amendments Market
11. 2. 7. 2. 1 France Soil Amendments Market by Type
11. 2. 7. 2. 2 France Soil Amendments Market by Soil Type
11. 2. 7. 2. 3 France Soil Amendments Market by Crop Type
11. 2. 7. 2. 4 France Soil Amendments Market by Form
11. 2. 7. 3 Italy Soil Amendments Market
11. 2. 7. 3. 1 Italy Soil Amendments Market by Type
11. 2. 7. 3. 2 Italy Soil Amendments Market by Soil Type
11. 2. 7. 3. 3 Italy Soil Amendments Market by Crop Type
11. 2. 7. 3. 4 Italy Soil Amendments Market by Form
11. 2. 7. 4 United Kingdom Soil Amendments Market
11. 2. 7. 4. 1 United Kingdom Soil Amendments Market by Type
11. 2. 7. 4. 2 United Kingdom Soil Amendments Market by Soil Type
11. 2. 7. 4. 3 United Kingdom Soil Amendments Market by Crop Type
11. 2. 7. 4. 4 United Kingdom Soil Amendments Market by Form
11. 2. 7. 5 Russia Soil Amendments Market
11. 2. 7. 5. 1 Russia Soil Amendments Market by Type
11. 2. 7. 5. 2 Russia Soil Amendments Market by Soil Type
11. 2. 7. 5. 3 Russia Soil Amendments Market by Crop Type
11. 2. 7. 5. 4 Russia Soil Amendments Market by Form
11. 2. 7. 6 Rest of Europe Soil Amendments Market
11. 2. 7. 6. 1 Rest of Europe Soil Amendments Market by Type
11. 2. 7. 6. 2 Rest of Europe Soil Amendments Market by Soil Type
11. 2. 7. 6. 3 Rest of Europe Soil Amendments Market by Crop Type
11. 2. 7. 6. 4 Rest of Europe Soil Amendments Market by Form
11. 3. ASIA-PACIFIC
11. 3. 1 Asia-Pacific Soil Amendments Market Overview
11. 3. 2 Asia-Pacific Soil Amendments Market Forecasts and Analysis
11. 3. 3 Asia-Pacific Soil Amendments Market Forecasts and Analysis - By Type
11. 3. 4 Asia-Pacific Soil Amendments Market Forecasts and Analysis - By Soil Type
11. 3. 5 Asia-Pacific Soil Amendments Market Forecasts and Analysis - By Crop Type
11. 3. 6 Asia-Pacific Soil Amendments Market Forecasts and Analysis - By Form
11. 3. 7 Asia-Pacific Soil Amendments Market Forecasts and Analysis - By Countries
11. 3. 7. 1 Australia Soil Amendments Market
11. 3. 7. 1. 1 Australia Soil Amendments Market by Type
11. 3. 7. 1. 2 Australia Soil Amendments Market by Soil Type
11. 3. 7. 1. 3 Australia Soil Amendments Market by Crop Type
11. 3. 7. 1. 4 Australia Soil Amendments Market by Form
11. 3. 7. 2 China Soil Amendments Market
11. 3. 7. 2. 1 China Soil Amendments Market by Type
11. 3. 7. 2. 2 China Soil Amendments Market by Soil Type
11. 3. 7. 2. 3 China Soil Amendments Market by Crop Type
11. 3. 7. 2. 4 China Soil Amendments Market by Form
11. 3. 7. 3 India Soil Amendments Market
11. 3. 7. 3. 1 India Soil Amendments Market by Type
11. 3. 7. 3. 2 India Soil Amendments Market by Soil Type
11. 3. 7. 3. 3 India Soil Amendments Market by Crop Type
11. 3. 7. 3. 4 India Soil Amendments Market by Form
11. 3. 7. 4 Japan Soil Amendments Market
11. 3. 7. 4. 1 Japan Soil Amendments Market by Type
11. 3. 7. 4. 2 Japan Soil Amendments Market by Soil Type
11. 3. 7. 4. 3 Japan Soil Amendments Market by Crop Type
11. 3. 7. 4. 4 Japan Soil Amendments Market by Form
11. 3. 7. 5 South Korea Soil Amendments Market
11. 3. 7. 5. 1 South Korea Soil Amendments Market by Type
11. 3. 7. 5. 2 South Korea Soil Amendments Market by Soil Type
11. 3. 7. 5. 3 South Korea Soil Amendments Market by Crop Type
11. 3. 7. 5. 4 South Korea Soil Amendments Market by Form
11. 3. 7. 6 Rest of Asia-Pacific Soil Amendments Market
11. 3. 7. 6. 1 Rest of Asia-Pacific Soil Amendments Market by Type
11. 3. 7. 6. 2 Rest of Asia-Pacific Soil Amendments Market by Soil Type
11. 3. 7. 6. 3 Rest of Asia-Pacific Soil Amendments Market by Crop Type
11. 3. 7. 6. 4 Rest of Asia-Pacific Soil Amendments Market by Form
11. 4. MIDDLE EAST AND AFRICA
11. 4. 1 Middle East and Africa Soil Amendments Market Overview
11. 4. 2 Middle East and Africa Soil Amendments Market Forecasts and Analysis
11. 4. 3 Middle East and Africa Soil Amendments Market Forecasts and Analysis - By Type
11. 4. 4 Middle East and Africa Soil Amendments Market Forecasts and Analysis - By Soil Type
11. 4. 5 Middle East and Africa Soil Amendments Market Forecasts and Analysis - By Crop Type
11. 4. 6 Middle East and Africa Soil Amendments Market Forecasts and Analysis - By Form
11. 4. 7 Middle East and Africa Soil Amendments Market Forecasts and Analysis - By Countries
11. 4. 7. 1 South Africa Soil Amendments Market
11. 4. 7. 1. 1 South Africa Soil Amendments Market by Type
11. 4. 7. 1. 2 South Africa Soil Amendments Market by Soil Type
11. 4. 7. 1. 3 South Africa Soil Amendments Market by Crop Type
11. 4. 7. 1. 4 South Africa Soil Amendments Market by Form
11. 4. 7. 2 Saudi Arabia Soil Amendments Market
11. 4. 7. 2. 1 Saudi Arabia Soil Amendments Market by Type
11. 4. 7. 2. 2 Saudi Arabia Soil Amendments Market by Soil Type
11. 4. 7. 2. 3 Saudi Arabia Soil Amendments Market by Crop Type
11. 4. 7. 2. 4 Saudi Arabia Soil Amendments Market by Form
11. 4. 7. 3 U. A. E Soil Amendments Market
11. 4. 7. 3. 1 U. A. E Soil Amendments Market by Type
11. 4. 7. 3. 2 U. A. E Soil Amendments Market by Soil Type
11. 4. 7. 3. 3 U. A. E Soil Amendments Market by Crop Type
11. 4. 7. 3. 4 U. A. E Soil Amendments Market by Form
11. 4. 7. 4 Rest of Middle East and Africa Soil Amendments Market
11. 4. 7. 4. 1 Rest of Middle East and Africa Soil Amendments Market by Type
11. 4. 7. 4. 2 Rest of Middle East and Africa Soil Amendments Market by Soil Type
11. 4. 7. 4. 3 Rest of Middle East and Africa Soil Amendments Market by Crop Type
11. 4. 7. 4. 4 Rest of Middle East and Africa Soil Amendments Market by Form
11. 5. SOUTH AND CENTRAL AMERICA
11. 5. 1 South and Central America Soil Amendments Market Overview
11. 5. 2 South and Central America Soil Amendments Market Forecasts and Analysis
11. 5. 3 South and Central America Soil Amendments Market Forecasts and Analysis - By Type
11. 5. 4 South and Central America Soil Amendments Market Forecasts and Analysis - By Soil Type
11. 5. 5 South and Central America Soil Amendments Market Forecasts and Analysis - By Crop Type
11. 5. 6 South and Central America Soil Amendments Market Forecasts and Analysis - By Form
11. 5. 7 South and Central America Soil Amendments Market Forecasts and Analysis - By Countries
11. 5. 7. 1 Brazil Soil Amendments Market
11. 5. 7. 1. 1 Brazil Soil Amendments Market by Type
11. 5. 7. 1. 2 Brazil Soil Amendments Market by Soil Type
11. 5. 7. 1. 3 Brazil Soil Amendments Market by Crop Type
11. 5. 7. 1. 4 Brazil Soil Amendments Market by Form
11. 5. 7. 2 Argentina Soil Amendments Market
11. 5. 7. 2. 1 Argentina Soil Amendments Market by Type
11. 5. 7. 2. 2 Argentina Soil Amendments Market by Soil Type
11. 5. 7. 2. 3 Argentina Soil Amendments Market by Crop Type
11. 5. 7. 2. 4 Argentina Soil Amendments Market by Form
11. 5. 7. 3 Rest of South and Central America Soil Amendments Market
11. 5. 7. 3. 1 Rest of South and Central America Soil Amendments Market by Type
11. 5. 7. 3. 2 Rest of South and Central America Soil Amendments Market by Soil Type
11. 5. 7. 3. 3 Rest of South and Central America Soil Amendments Market by Crop Type
11. 5. 7. 3. 4 Rest of South and Central America Soil Amendments Market by Form
12. INDUSTRY LANDSCAPE
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. SOIL AMENDMENTS MARKET, KEY COMPANY PROFILES
13. 1. BASF SE
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. UPL
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. SIKA AG
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. ADAMA AGRICULTURAL SOLUTIONS
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. FMC CORPORATION
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. NUFARM
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. EVONIK INDUSTRIES AG
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. NOVOZYMES A/S
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. AGRINOS
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. T. STANES AND COMPANY
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
- BASF SE
- UPL
- Sika AG
- ADAMA Agricultural Solutions
- FMC Corporation
- Nufarm
- Evonik Industries AG
- Novozymes A/S
- Agrinos
- T. Stanes and Company
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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