Two-Wheeler ABS Market Analysis 2021-2031 | Top Players
The Two-Wheeler ABS Market is expected to register a CAGR of 8.5% from 2024 to 2031, with a market size expanding from US$ XX million in 2024 to US$ XX Million by 2031.
The market report is segmented into by ABS type, propulsion, and displacement. Based on type, the market is segmented into Single channel, and Dual-channel. Based on Two-Wheeler Types, the market is segmented into Motorcycle, and Scooter. Based on displacement, the market is segmented into less than 125, 126-250cc, 251-400cc, and above 400cc.
Purpose of the ReportThe report Two-Wheeler ABS 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.
Two-Wheeler ABS Market Segmentation
ABS Type- Single channel
- Dual-channel
- Motorcycle
- Scooter
- less than 125
- 126-250cc
- 251-400cc
- above 400cc
- North America
- Europe
- Asia-Pacific
- South and Central America
- Middle East and Africa
Strategic Insights
Two-Wheeler ABS Market Growth Drivers- Government Regulations: The major driver for growing the two-wheeler ABS market is the growing government rules and regulations to enforce the use of Anti-Lock Braking Systems on motorcycles. In India, the government has made it compulsory to fix ABS on every two-wheeler available in the Indian market and its price range.
- Rising Safety Concerns: With rising road safety awareness among consumers, that is the other significant driver. Two-wheeler accidents are a critical issue in countries with high accident rates, such as India. Hence, incorporation of ABS technology is considered to be an imperative step for ride safety. This rising push towards safety is leading two-wheelers to adopt ABS.
- Increasing Motorcycle and Scooter Fatalities: The global rise in motorcycle-related accidents and fatalities, particularly in emerging markets with high two-wheeler penetration like India, Indonesia, and Brazil, is fueling demand for safety features like ABS. Motorcycles and scooters are inherently more prone to accidents due to their instability, particularly in emergency braking situations. ABS improves braking performance, reduces the risk of skidding, and increases rider safety.
- Introduction of Advanced Technologies: ABS systems are increasingly being integrated with advanced technologies in the market for the purpose of performance and performance level improvement along with safety enhancement. This trend is precipitated by consumer demand for dependable and efficient braking systems, especially in high-performance motorcycles.
- Miniaturization and Cost Reduction: Technological advancements have led to the miniaturization and cost reduction of ABS components. Modern ABS systems are now more compact and affordable, making it feasible to incorporate them into a wider range of two-wheelers, including entry-level motorcycles and scooters. This has expanded the market for ABS-equipped vehicles beyond premium segments.
- Emphasis on Refulatory Mandates: Regulatory mandates and safety concerns mainly drive the two-wheeler ABS market. Opportunities for this market tend to be driven by technological developments and the shift toward electric vehicles; emerging markets and aftermarket services are opportunities.
- Growth of Electric Two Wheeler: Integration of ABS in Electric two-wheelers is on rise in this area where the world is shifting towards electric two wheelers. Performance characteristics differ from that of a gasoline two-wheeler, making this the perfect fit for the safety and stability criteria in Electric Bikes.
Market Report Scope
Key Selling Points
- Comprehensive Coverage: The report comprehensively covers the analysis of products, services, types, and end users of the Two-Wheeler ABS 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 Two-Wheeler ABS 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
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Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
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to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
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to country scope.
Frequently Asked Questions
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.
The report can be delivered in PDF/PPT format; we can also share excel dataset based on the request.
The major players in the market includes Robert Bosch GmbH, Autoliv Inc., Continental Reifen Deutschland GmbH, DENSO Corporation, ZF Friedrichshafen AG, Jawa, FB Mondial,Husqvarna,SYM, BSA
The Two-Wheeler ABS Market is estimated to witness a CAGR of 8.5% from 2023 to 2031
High cost of manufacturing the advance ABS systems for two-wheelers hinders the market growth.
The major factors driving the two-wheeler ABS Market are: Increasing government strict rules and regulations to implement the anti-lock braking systems in two-wheelers drives the market growth.
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Two-wheeler ABS Market - By Product Type
1.3.2 Two-wheeler ABS Market - By Two-wheeler type
1.3.3 Two-wheeler ABS Market - By Propulsion
1.3.4 Two-wheeler ABS Market - By End user
1.3.5 Two-wheeler ABS Market - By Region
1.3.5.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. TWO-WHEELER ABS 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. TWO-WHEELER ABS 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. TWO-WHEELER ABS MARKET - GLOBAL MARKET ANALYSIS
6.1. TWO-WHEELER ABS - GLOBAL MARKET OVERVIEW
6.2. TWO-WHEELER ABS - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. TWO-WHEELER ABS MARKET - REVENUE AND FORECASTS TO 2028 - PRODUCT TYPE
7.1. OVERVIEW
7.2. PRODUCT TYPE MARKET FORECASTS AND ANALYSIS
7.3. SINGLE CHANNEL
7.3.1. Overview
7.3.2. Single channel Market Forecast and Analysis
7.4. DUAL-CHANNE
7.4.1. Overview
7.4.2. Dual-channe Market Forecast and Analysis
8. TWO-WHEELER ABS MARKET - REVENUE AND FORECASTS TO 2028 - TWO-WHEELER TYPE
8.1. OVERVIEW
8.2. TWO-WHEELER TYPE MARKET FORECASTS AND ANALYSIS
8.3. MOTORCYCLE
8.3.1. Overview
8.3.2. Motorcycle Market Forecast and Analysis
8.4. SCOOTER
8.4.1. Overview
8.4.2. Scooter Market Forecast and Analysis
9. TWO-WHEELER ABS MARKET - REVENUE AND FORECASTS TO 2028 - PROPULSION
9.1. OVERVIEW
9.2. PROPULSION MARKET FORECASTS AND ANALYSIS
9.3. IC ENGINE
9.3.1. Overview
9.3.2. IC engine Market Forecast and Analysis
9.4. ELECTRIC
9.4.1. Overview
9.4.2. Electric Market Forecast and Analysis
10. TWO-WHEELER ABS MARKET - REVENUE AND FORECASTS TO 2028 - END USER
10.1. OVERVIEW
10.2. END USER MARKET FORECASTS AND ANALYSIS
10.3. HOMOLOGATED
10.3.1. Overview
10.3.2. Homologated Market Forecast and Analysis
10.4. MOTORSPORTS
10.4.1. Overview
10.4.2. Motorsports Market Forecast and Analysis
11. TWO-WHEELER ABS MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
11.1. NORTH AMERICA
11.1.1 North America Two-wheeler ABS Market Overview
11.1.2 North America Two-wheeler ABS Market Forecasts and Analysis
11.1.3 North America Two-wheeler ABS Market Forecasts and Analysis - By Product Type
11.1.4 North America Two-wheeler ABS Market Forecasts and Analysis - By Two-wheeler type
11.1.5 North America Two-wheeler ABS Market Forecasts and Analysis - By Propulsion
11.1.6 North America Two-wheeler ABS Market Forecasts and Analysis - By End user
11.1.7 North America Two-wheeler ABS Market Forecasts and Analysis - By Countries
11.1.7.1 United States Two-wheeler ABS Market
11.1.7.1.1 United States Two-wheeler ABS Market by Product Type
11.1.7.1.2 United States Two-wheeler ABS Market by Two-wheeler type
11.1.7.1.3 United States Two-wheeler ABS Market by Propulsion
11.1.7.1.4 United States Two-wheeler ABS Market by End user
11.1.7.2 Canada Two-wheeler ABS Market
11.1.7.2.1 Canada Two-wheeler ABS Market by Product Type
11.1.7.2.2 Canada Two-wheeler ABS Market by Two-wheeler type
11.1.7.2.3 Canada Two-wheeler ABS Market by Propulsion
11.1.7.2.4 Canada Two-wheeler ABS Market by End user
11.1.7.3 Mexico Two-wheeler ABS Market
11.1.7.3.1 Mexico Two-wheeler ABS Market by Product Type
11.1.7.3.2 Mexico Two-wheeler ABS Market by Two-wheeler type
11.1.7.3.3 Mexico Two-wheeler ABS Market by Propulsion
11.1.7.3.4 Mexico Two-wheeler ABS Market by End user
11.2. EUROPE
11.2.1 Europe Two-wheeler ABS Market Overview
11.2.2 Europe Two-wheeler ABS Market Forecasts and Analysis
11.2.3 Europe Two-wheeler ABS Market Forecasts and Analysis - By Product Type
11.2.4 Europe Two-wheeler ABS Market Forecasts and Analysis - By Two-wheeler type
11.2.5 Europe Two-wheeler ABS Market Forecasts and Analysis - By Propulsion
11.2.6 Europe Two-wheeler ABS Market Forecasts and Analysis - By End user
11.2.7 Europe Two-wheeler ABS Market Forecasts and Analysis - By Countries
11.2.7.1 Germany Two-wheeler ABS Market
11.2.7.1.1 Germany Two-wheeler ABS Market by Product Type
11.2.7.1.2 Germany Two-wheeler ABS Market by Two-wheeler type
11.2.7.1.3 Germany Two-wheeler ABS Market by Propulsion
11.2.7.1.4 Germany Two-wheeler ABS Market by End user
11.2.7.2 France Two-wheeler ABS Market
11.2.7.2.1 France Two-wheeler ABS Market by Product Type
11.2.7.2.2 France Two-wheeler ABS Market by Two-wheeler type
11.2.7.2.3 France Two-wheeler ABS Market by Propulsion
11.2.7.2.4 France Two-wheeler ABS Market by End user
11.2.7.3 Italy Two-wheeler ABS Market
11.2.7.3.1 Italy Two-wheeler ABS Market by Product Type
11.2.7.3.2 Italy Two-wheeler ABS Market by Two-wheeler type
11.2.7.3.3 Italy Two-wheeler ABS Market by Propulsion
11.2.7.3.4 Italy Two-wheeler ABS Market by End user
11.2.7.4 United Kingdom Two-wheeler ABS Market
11.2.7.4.1 United Kingdom Two-wheeler ABS Market by Product Type
11.2.7.4.2 United Kingdom Two-wheeler ABS Market by Two-wheeler type
11.2.7.4.3 United Kingdom Two-wheeler ABS Market by Propulsion
11.2.7.4.4 United Kingdom Two-wheeler ABS Market by End user
11.2.7.5 Russia Two-wheeler ABS Market
11.2.7.5.1 Russia Two-wheeler ABS Market by Product Type
11.2.7.5.2 Russia Two-wheeler ABS Market by Two-wheeler type
11.2.7.5.3 Russia Two-wheeler ABS Market by Propulsion
11.2.7.5.4 Russia Two-wheeler ABS Market by End user
11.2.7.6 Rest of Europe Two-wheeler ABS Market
11.2.7.6.1 Rest of Europe Two-wheeler ABS Market by Product Type
11.2.7.6.2 Rest of Europe Two-wheeler ABS Market by Two-wheeler type
11.2.7.6.3 Rest of Europe Two-wheeler ABS Market by Propulsion
11.2.7.6.4 Rest of Europe Two-wheeler ABS Market by End user
11.3. ASIA-PACIFIC
11.3.1 Asia-Pacific Two-wheeler ABS Market Overview
11.3.2 Asia-Pacific Two-wheeler ABS Market Forecasts and Analysis
11.3.3 Asia-Pacific Two-wheeler ABS Market Forecasts and Analysis - By Product Type
11.3.4 Asia-Pacific Two-wheeler ABS Market Forecasts and Analysis - By Two-wheeler type
11.3.5 Asia-Pacific Two-wheeler ABS Market Forecasts and Analysis - By Propulsion
11.3.6 Asia-Pacific Two-wheeler ABS Market Forecasts and Analysis - By End user
11.3.7 Asia-Pacific Two-wheeler ABS Market Forecasts and Analysis - By Countries
11.3.7.1 Australia Two-wheeler ABS Market
11.3.7.1.1 Australia Two-wheeler ABS Market by Product Type
11.3.7.1.2 Australia Two-wheeler ABS Market by Two-wheeler type
11.3.7.1.3 Australia Two-wheeler ABS Market by Propulsion
11.3.7.1.4 Australia Two-wheeler ABS Market by End user
11.3.7.2 China Two-wheeler ABS Market
11.3.7.2.1 China Two-wheeler ABS Market by Product Type
11.3.7.2.2 China Two-wheeler ABS Market by Two-wheeler type
11.3.7.2.3 China Two-wheeler ABS Market by Propulsion
11.3.7.2.4 China Two-wheeler ABS Market by End user
11.3.7.3 India Two-wheeler ABS Market
11.3.7.3.1 India Two-wheeler ABS Market by Product Type
11.3.7.3.2 India Two-wheeler ABS Market by Two-wheeler type
11.3.7.3.3 India Two-wheeler ABS Market by Propulsion
11.3.7.3.4 India Two-wheeler ABS Market by End user
11.3.7.4 Japan Two-wheeler ABS Market
11.3.7.4.1 Japan Two-wheeler ABS Market by Product Type
11.3.7.4.2 Japan Two-wheeler ABS Market by Two-wheeler type
11.3.7.4.3 Japan Two-wheeler ABS Market by Propulsion
11.3.7.4.4 Japan Two-wheeler ABS Market by End user
11.3.7.5 South Korea Two-wheeler ABS Market
11.3.7.5.1 South Korea Two-wheeler ABS Market by Product Type
11.3.7.5.2 South Korea Two-wheeler ABS Market by Two-wheeler type
11.3.7.5.3 South Korea Two-wheeler ABS Market by Propulsion
11.3.7.5.4 South Korea Two-wheeler ABS Market by End user
11.3.7.6 Rest of Asia-Pacific Two-wheeler ABS Market
11.3.7.6.1 Rest of Asia-Pacific Two-wheeler ABS Market by Product Type
11.3.7.6.2 Rest of Asia-Pacific Two-wheeler ABS Market by Two-wheeler type
11.3.7.6.3 Rest of Asia-Pacific Two-wheeler ABS Market by Propulsion
11.3.7.6.4 Rest of Asia-Pacific Two-wheeler ABS Market by End user
11.4. MIDDLE EAST AND AFRICA
11.4.1 Middle East and Africa Two-wheeler ABS Market Overview
11.4.2 Middle East and Africa Two-wheeler ABS Market Forecasts and Analysis
11.4.3 Middle East and Africa Two-wheeler ABS Market Forecasts and Analysis - By Product Type
11.4.4 Middle East and Africa Two-wheeler ABS Market Forecasts and Analysis - By Two-wheeler type
11.4.5 Middle East and Africa Two-wheeler ABS Market Forecasts and Analysis - By Propulsion
11.4.6 Middle East and Africa Two-wheeler ABS Market Forecasts and Analysis - By End user
11.4.7 Middle East and Africa Two-wheeler ABS Market Forecasts and Analysis - By Countries
11.4.7.1 South Africa Two-wheeler ABS Market
11.4.7.1.1 South Africa Two-wheeler ABS Market by Product Type
11.4.7.1.2 South Africa Two-wheeler ABS Market by Two-wheeler type
11.4.7.1.3 South Africa Two-wheeler ABS Market by Propulsion
11.4.7.1.4 South Africa Two-wheeler ABS Market by End user
11.4.7.2 Saudi Arabia Two-wheeler ABS Market
11.4.7.2.1 Saudi Arabia Two-wheeler ABS Market by Product Type
11.4.7.2.2 Saudi Arabia Two-wheeler ABS Market by Two-wheeler type
11.4.7.2.3 Saudi Arabia Two-wheeler ABS Market by Propulsion
11.4.7.2.4 Saudi Arabia Two-wheeler ABS Market by End user
11.4.7.3 U.A.E Two-wheeler ABS Market
11.4.7.3.1 U.A.E Two-wheeler ABS Market by Product Type
11.4.7.3.2 U.A.E Two-wheeler ABS Market by Two-wheeler type
11.4.7.3.3 U.A.E Two-wheeler ABS Market by Propulsion
11.4.7.3.4 U.A.E Two-wheeler ABS Market by End user
11.4.7.4 Rest of Middle East and Africa Two-wheeler ABS Market
11.4.7.4.1 Rest of Middle East and Africa Two-wheeler ABS Market by Product Type
11.4.7.4.2 Rest of Middle East and Africa Two-wheeler ABS Market by Two-wheeler type
11.4.7.4.3 Rest of Middle East and Africa Two-wheeler ABS Market by Propulsion
11.4.7.4.4 Rest of Middle East and Africa Two-wheeler ABS Market by End user
11.5. SOUTH AND CENTRAL AMERICA
11.5.1 South and Central America Two-wheeler ABS Market Overview
11.5.2 South and Central America Two-wheeler ABS Market Forecasts and Analysis
11.5.3 South and Central America Two-wheeler ABS Market Forecasts and Analysis - By Product Type
11.5.4 South and Central America Two-wheeler ABS Market Forecasts and Analysis - By Two-wheeler type
11.5.5 South and Central America Two-wheeler ABS Market Forecasts and Analysis - By Propulsion
11.5.6 South and Central America Two-wheeler ABS Market Forecasts and Analysis - By End user
11.5.7 South and Central America Two-wheeler ABS Market Forecasts and Analysis - By Countries
11.5.7.1 Brazil Two-wheeler ABS Market
11.5.7.1.1 Brazil Two-wheeler ABS Market by Product Type
11.5.7.1.2 Brazil Two-wheeler ABS Market by Two-wheeler type
11.5.7.1.3 Brazil Two-wheeler ABS Market by Propulsion
11.5.7.1.4 Brazil Two-wheeler ABS Market by End user
11.5.7.2 Argentina Two-wheeler ABS Market
11.5.7.2.1 Argentina Two-wheeler ABS Market by Product Type
11.5.7.2.2 Argentina Two-wheeler ABS Market by Two-wheeler type
11.5.7.2.3 Argentina Two-wheeler ABS Market by Propulsion
11.5.7.2.4 Argentina Two-wheeler ABS Market by End user
11.5.7.3 Rest of South and Central America Two-wheeler ABS Market
11.5.7.3.1 Rest of South and Central America Two-wheeler ABS Market by Product Type
11.5.7.3.2 Rest of South and Central America Two-wheeler ABS Market by Two-wheeler type
11.5.7.3.3 Rest of South and Central America Two-wheeler ABS Market by Propulsion
11.5.7.3.4 Rest of South and Central America Two-wheeler ABS Market by End user
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. TWO-WHEELER ABS MARKET, KEY COMPANY PROFILES
13.1. ADVICS CO.,LTD.
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. BMW AG
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. BREMBO S.P.A.
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. BWI GROUP
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. CONTINENTAL AG
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. ENDURANCE TECHNOLOGIES LIMITED.
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. HONDA MOTOR COMPANY, LTD.
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. NISSIN KOGYO CO., LTD.
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. ROBERT BOSCH GMBH
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. SHANDONG SHUNANDA AUTOMOBILE TECHNOLOGY CO., LTD.
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
1.ADVICS CO.,LTD.
2.BMW AG
3.Brembo S.p.A.
4.BWI Group
5.Continental AG
6.Endurance Technologies Limited.
7.Honda Motor Company, Ltd.
8.Nissin Kogyo Co., Ltd.
9.Robert Bosch GmbH
10.Shandong Shunanda Automobile Technology Co., Ltd.
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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