Water Desalination Equipment Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis
Water desalination equipment are used to separate salt from water and reduce its salinity. Desalination equipment includes various configurations of multi-effect evaporators and reverse osmosis (RO) systems for treating seawater. Multistage flash distillation (MSF), multi-effect distillation (MED), and vapor compression distillation (VCD) are some of the common large-scale thermal processes that produce distilled water and reduce the volume of oil field water, by concentration. Solar distillation is also used for very small production rates. Significant rise in water scarcity and depletion of freshwater sources across the globe are the major factors driving the growth for water desalination equipment market.
MARKET SCOPE
The "Global Water Desalination Equipment Market Analysis to 2028" is a specialized and in-depth study of the Manufacturing and Construction industry with a special focus on the global market trend analysis. The report aims to provide an overview of the Water Desalination Equipment market with detailed market segmentation by technology, products, application and geography. The report provides key statistics on the market status of the leading Water Desalination Equipment market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
- On the basis of technology the market is segmented reverse osmosis, multi-stage flash distillation, multi-effect distillation, others.
- On the basis products, the market is segmented as evaporators, membrane systems, pumps, others.
- On the basis application, the market is segmented as municipal, industrial, residential, commercial.
Drivers
- The rapid urbanization and industrialization in developing nations to boost the demands for Water Desalination Equipment.
- The emergence of hybrid desalination technologies are driving significant demand for Water Desalination Equipment worldwide.
- Concerns regarding the saturation of salts on the surface of the RO membrane is estimated to be a restraint to the global Water Desalination Equipment market.
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The Water Desalination Equipment 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 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 trends. The report also provides exhaustive Porter's Five Forces analysis, highlighting the factors affecting the Water Desalination Equipment market in these regions.
IMPACT OF COVID-19 ON WATER DESALINATION EQUIPMENT MARKET
The outbreak of the COVID-19 has severely impacted the energy and power industries, which resulted in lower sales of water desalination equipment in the year 2020. The Water Desalination Equipment market players struggled to gain profits by selling their products worldwide. Further, the shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and declined the sale of water desalination equipment for specific periods. Overall, the sales were down in 2020, while the beginning of the 2021 market normalized the sale volume with an increase in manufacturing activities. The growth in population, migration of people from rural to urban regions, and depletion of freshwater sources across the globe is anticipated to boost the demands for the water desalination equipment market in the post pandemic era.
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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 market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The Water Desalination Equipment 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 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 trends. The report also provides exhaustive Porter's Five Forces analysis, highlighting the factors affecting the Water Desalination Equipment market in these regions.
IMPACT OF COVID-19 ON WATER DESALINATION EQUIPMENT MARKET
The outbreak of the COVID-19 has severely impacted the energy and power industries, which resulted in lower sales of water desalination equipment in the year 2020. The Water Desalination Equipment market players struggled to gain profits by selling their products worldwide. Further, the shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and declined the sale of water desalination equipment for specific periods. Overall, the sales were down in 2020, while the beginning of the 2021 market normalized the sale volume with an increase in manufacturing activities. The growth in population, migration of people from rural to urban regions, and depletion of freshwater sources across the globe is anticipated to boost the demands for the water desalination equipment market in the post pandemic era.
MARKET PLAYERS
The report covers key developments in the Water Desalination Equipment market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as power launches, power 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 way for the expansion of business and customer base of market players. The market payers from Water Desalination Equipment market are anticipated to provide lucrative growth opportunities in the future with the rising demand for Water Desalination Equipment in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the Water Desalination Equipment 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.
- Andritz
- Cat Pumps
- Desmi A/S
- Danfoss
- Dmw Corporation
- Flowserve Corporation
- KSB SE And Co. Kgaa
- Ruhrpumpen Group
- Sulzer Ltd
- WäRTSILä
- 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. 1Water Desalination Equipment Market - By Technology
1. 3. 2Water Desalination Equipment Market - By Products
1. 3. 3Water Desalination Equipment Market - By Application
1. 3. 4Water Desalination Equipment Market - By Region
1. 3. 4. 1By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. WATER DESALINATION EQUIPMENT MARKET LANDSCAPE
4. 1. OVERVIEW
4. 2. PORTER""S FIVE FORCES ANALYSIS
4. 2. 1Bargaining Power of Buyers
4. 2. 1Bargaining Power of Suppliers
4. 2. 1Threat of Substitute
4. 2. 1Threat of New Entrants
4. 2. 1Competitive Rivalry
4. 3. ECOSYSTEM ANALYSIS
4. 4. EXPERT OPINIONS
5. WATER DESALINATION EQUIPMENT 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. WATER DESALINATION EQUIPMENT MARKET - GLOBAL MARKET ANALYSIS
6. 1. WATER DESALINATION EQUIPMENT - GLOBAL MARKET OVERVIEW
6. 2. WATER DESALINATION EQUIPMENT - GLOBAL MARKET AND FORECAST TO 2028
6. 3. MARKET POSITIONING/MARKET SHARE
7. WATER DESALINATION EQUIPMENT MARKET - REVENUE AND FORECASTS TO 2028 â"" TECHNOLOGY
7. 1. OVERVIEW
7. 2. TECHNOLOGY MARKET FORECASTS AND ANALYSIS
7. 3. REVERSE OSMOSIS
7. 3. 1. Overview
7. 3. 2. Reverse Osmosis Market Forecast and Analysis
7. 4. MULTI-STAGE FLASH DISTILLATION
7. 4. 1. Overview
7. 4. 2. Multi-Stage Flash Distillation Market Forecast and Analysis
7. 5. MULTI-EFFECT DISTILLATION
7. 5. 1. Overview
7. 5. 2. Multi-Effect Distillation Market Forecast and Analysis
7. 6. OTHERS
7. 6. 1. Overview
7. 6. 2. Others Market Forecast and Analysis
8. WATER DESALINATION EQUIPMENT MARKET - REVENUE AND FORECASTS TO 2028 â"" PRODUCTS
8. 1. OVERVIEW
8. 2. PRODUCTS MARKET FORECASTS AND ANALYSIS
8. 3. EVAPORATORS
8. 3. 1. Overview
8. 3. 2. Evaporators Market Forecast and Analysis
8. 4. MEMBRANE SYSTEMS
8. 4. 1. Overview
8. 4. 2. Membrane Systems Market Forecast and Analysis
8. 5. PUMPS
8. 5. 1. Overview
8. 5. 2. Pumps Market Forecast and Analysis
8. 6. OTHERS
8. 6. 1. Overview
8. 6. 2. Others Market Forecast and Analysis
9. WATER DESALINATION EQUIPMENT MARKET - REVENUE AND FORECASTS TO 2028 â"" APPLICATION
9. 1. OVERVIEW
9. 2. APPLICATION MARKET FORECASTS AND ANALYSIS
9. 3. MUNICIPAL
9. 3. 1. Overview
9. 3. 2. Municipal Market Forecast and Analysis
9. 4. INDUSTRIAL
9. 4. 1. Overview
9. 4. 2. Industrial Market Forecast and Analysis
9. 5. RESIDENTIAL
9. 5. 1. Overview
9. 5. 2. Residential Market Forecast and Analysis
9. 6. COMMERCIAL
9. 6. 1. Overview
9. 6. 2. Commercial Market Forecast and Analysis
10. WATER DESALINATION EQUIPMENT MARKET REVENUE AND FORECASTS TO 2028 â"" GEOGRAPHICAL ANALYSIS
10. 1. NORTH AMERICA
10. 1. 1North America Water Desalination Equipment Market Overview
10. 1. 2North America Water Desalination Equipment Market Forecasts and Analysis
10. 1. 3North America Water Desalination Equipment Market Forecasts and Analysis - By Technology
10. 1. 4North America Water Desalination Equipment Market Forecasts and Analysis - By Products
10. 1. 5North America Water Desalination Equipment Market Forecasts and Analysis - By Application
10. 1. 6North America Water Desalination Equipment Market Forecasts and Analysis - By Countries
10. 1. 6. 1United States Water Desalination Equipment Market
10. 1. 6. 1. 1United States Water Desalination Equipment Market by Technology
10. 1. 6. 1. 2United States Water Desalination Equipment Market by Products
10. 1. 6. 1. 3United States Water Desalination Equipment Market by Application
10. 1. 6. 2Canada Water Desalination Equipment Market
10. 1. 6. 2. 1Canada Water Desalination Equipment Market by Technology
10. 1. 6. 2. 2Canada Water Desalination Equipment Market by Products
10. 1. 6. 2. 3Canada Water Desalination Equipment Market by Application
10. 1. 6. 3Mexico Water Desalination Equipment Market
10. 1. 6. 3. 1Mexico Water Desalination Equipment Market by Technology
10. 1. 6. 3. 2Mexico Water Desalination Equipment Market by Products
10. 1. 6. 3. 3Mexico Water Desalination Equipment Market by Application
10. 2. EUROPE
10. 2. 1Europe Water Desalination Equipment Market Overview
10. 2. 2Europe Water Desalination Equipment Market Forecasts and Analysis
10. 2. 3Europe Water Desalination Equipment Market Forecasts and Analysis - By Technology
10. 2. 4Europe Water Desalination Equipment Market Forecasts and Analysis - By Products
10. 2. 5Europe Water Desalination Equipment Market Forecasts and Analysis - By Application
10. 2. 6Europe Water Desalination Equipment Market Forecasts and Analysis - By Countries
10. 2. 6. 1Germany Water Desalination Equipment Market
10. 2. 6. 1. 1Germany Water Desalination Equipment Market by Technology
10. 2. 6. 1. 2Germany Water Desalination Equipment Market by Products
10. 2. 6. 1. 3Germany Water Desalination Equipment Market by Application
10. 2. 6. 2France Water Desalination Equipment Market
10. 2. 6. 2. 1France Water Desalination Equipment Market by Technology
10. 2. 6. 2. 2France Water Desalination Equipment Market by Products
10. 2. 6. 2. 3France Water Desalination Equipment Market by Application
10. 2. 6. 3Italy Water Desalination Equipment Market
10. 2. 6. 3. 1Italy Water Desalination Equipment Market by Technology
10. 2. 6. 3. 2Italy Water Desalination Equipment Market by Products
10. 2. 6. 3. 3Italy Water Desalination Equipment Market by Application
10. 2. 6. 4United Kingdom Water Desalination Equipment Market
10. 2. 6. 4. 1United Kingdom Water Desalination Equipment Market by Technology
10. 2. 6. 4. 2United Kingdom Water Desalination Equipment Market by Products
10. 2. 6. 4. 3United Kingdom Water Desalination Equipment Market by Application
10. 2. 6. 5Russia Water Desalination Equipment Market
10. 2. 6. 5. 1Russia Water Desalination Equipment Market by Technology
10. 2. 6. 5. 2Russia Water Desalination Equipment Market by Products
10. 2. 6. 5. 3Russia Water Desalination Equipment Market by Application
10. 2. 6. 6Rest of Europe Water Desalination Equipment Market
10. 2. 6. 6. 1Rest of Europe Water Desalination Equipment Market by Technology
10. 2. 6. 6. 2Rest of Europe Water Desalination Equipment Market by Products
10. 2. 6. 6. 3Rest of Europe Water Desalination Equipment Market by Application
10. 3. ASIA-PACIFIC
10. 3. 1Asia-Pacific Water Desalination Equipment Market Overview
10. 3. 2Asia-Pacific Water Desalination Equipment Market Forecasts and Analysis
10. 3. 3Asia-Pacific Water Desalination Equipment Market Forecasts and Analysis - By Technology
10. 3. 4Asia-Pacific Water Desalination Equipment Market Forecasts and Analysis - By Products
10. 3. 5Asia-Pacific Water Desalination Equipment Market Forecasts and Analysis - By Application
10. 3. 6Asia-Pacific Water Desalination Equipment Market Forecasts and Analysis - By Countries
10. 3. 6. 1Australia Water Desalination Equipment Market
10. 3. 6. 1. 1Australia Water Desalination Equipment Market by Technology
10. 3. 6. 1. 2Australia Water Desalination Equipment Market by Products
10. 3. 6. 1. 3Australia Water Desalination Equipment Market by Application
10. 3. 6. 2China Water Desalination Equipment Market
10. 3. 6. 2. 1China Water Desalination Equipment Market by Technology
10. 3. 6. 2. 2China Water Desalination Equipment Market by Products
10. 3. 6. 2. 3China Water Desalination Equipment Market by Application
10. 3. 6. 3India Water Desalination Equipment Market
10. 3. 6. 3. 1India Water Desalination Equipment Market by Technology
10. 3. 6. 3. 2India Water Desalination Equipment Market by Products
10. 3. 6. 3. 3India Water Desalination Equipment Market by Application
10. 3. 6. 4Japan Water Desalination Equipment Market
10. 3. 6. 4. 1Japan Water Desalination Equipment Market by Technology
10. 3. 6. 4. 2Japan Water Desalination Equipment Market by Products
10. 3. 6. 4. 3Japan Water Desalination Equipment Market by Application
10. 3. 6. 5South Korea Water Desalination Equipment Market
10. 3. 6. 5. 1South Korea Water Desalination Equipment Market by Technology
10. 3. 6. 5. 2South Korea Water Desalination Equipment Market by Products
10. 3. 6. 5. 3South Korea Water Desalination Equipment Market by Application
10. 3. 6. 6Rest of Asia-Pacific Water Desalination Equipment Market
10. 3. 6. 6. 1Rest of Asia-Pacific Water Desalination Equipment Market by Technology
10. 3. 6. 6. 2Rest of Asia-Pacific Water Desalination Equipment Market by Products
10. 3. 6. 6. 3Rest of Asia-Pacific Water Desalination Equipment Market by Application
10. 4. MIDDLE EAST AND AFRICA
10. 4. 1Middle East and Africa Water Desalination Equipment Market Overview
10. 4. 2Middle East and Africa Water Desalination Equipment Market Forecasts and Analysis
10. 4. 3Middle East and Africa Water Desalination Equipment Market Forecasts and Analysis - By Technology
10. 4. 4Middle East and Africa Water Desalination Equipment Market Forecasts and Analysis - By Products
10. 4. 5Middle East and Africa Water Desalination Equipment Market Forecasts and Analysis - By Application
10. 4. 6Middle East and Africa Water Desalination Equipment Market Forecasts and Analysis - By Countries
10. 4. 6. 1South Africa Water Desalination Equipment Market
10. 4. 6. 1. 1South Africa Water Desalination Equipment Market by Technology
10. 4. 6. 1. 2South Africa Water Desalination Equipment Market by Products
10. 4. 6. 1. 3South Africa Water Desalination Equipment Market by Application
10. 4. 6. 2Saudi Arabia Water Desalination Equipment Market
10. 4. 6. 2. 1Saudi Arabia Water Desalination Equipment Market by Technology
10. 4. 6. 2. 2Saudi Arabia Water Desalination Equipment Market by Products
10. 4. 6. 2. 3Saudi Arabia Water Desalination Equipment Market by Application
10. 4. 6. 3U. A. E Water Desalination Equipment Market
10. 4. 6. 3. 1U. A. E Water Desalination Equipment Market by Technology
10. 4. 6. 3. 2U. A. E Water Desalination Equipment Market by Products
10. 4. 6. 3. 3U. A. E Water Desalination Equipment Market by Application
10. 4. 6. 4Rest of Middle East and Africa Water Desalination Equipment Market
10. 4. 6. 4. 1Rest of Middle East and Africa Water Desalination Equipment Market by Technology
10. 4. 6. 4. 2Rest of Middle East and Africa Water Desalination Equipment Market by Products
10. 4. 6. 4. 3Rest of Middle East and Africa Water Desalination Equipment Market by Application
10. 5. SOUTH AND CENTRAL AMERICA
10. 5. 1South and Central America Water Desalination Equipment Market Overview
10. 5. 2South and Central America Water Desalination Equipment Market Forecasts and Analysis
10. 5. 3South and Central America Water Desalination Equipment Market Forecasts and Analysis - By Technology
10. 5. 4South and Central America Water Desalination Equipment Market Forecasts and Analysis - By Products
10. 5. 5South and Central America Water Desalination Equipment Market Forecasts and Analysis - By Application
10. 5. 6South and Central America Water Desalination Equipment Market Forecasts and Analysis - By Countries
10. 5. 6. 1Brazil Water Desalination Equipment Market
10. 5. 6. 1. 1Brazil Water Desalination Equipment Market by Technology
10. 5. 6. 1. 2Brazil Water Desalination Equipment Market by Products
10. 5. 6. 1. 3Brazil Water Desalination Equipment Market by Application
10. 5. 6. 2Argentina Water Desalination Equipment Market
10. 5. 6. 2. 1Argentina Water Desalination Equipment Market by Technology
10. 5. 6. 2. 2Argentina Water Desalination Equipment Market by Products
10. 5. 6. 2. 3Argentina Water Desalination Equipment Market by Application
10. 5. 6. 3Rest of South and Central America Water Desalination Equipment Market
10. 5. 6. 3. 1Rest of South and Central America Water Desalination Equipment Market by Technology
10. 5. 6. 3. 2Rest of South and Central America Water Desalination Equipment Market by Products
10. 5. 6. 3. 3Rest of South and Central America Water Desalination Equipment 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. WATER DESALINATION EQUIPMENT MARKET, KEY COMPANY PROFILES
12. 1. ANDRITZ
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. CAT PUMPS
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. DESMI A/S
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. DANFOSS
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. DMW CORPORATION
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. FLOWSERVE CORPORATION
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. KSB SE AND CO. KGAA
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. RUHRPUMPEN GROUP
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. SULZER LTD
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. WäRTSILä
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
- ANDRITZ
- Cat Pumps
- DESMI A/S
- Danfoss
- DMW CORPORATION
- Flowserve Corporation
- KSB SE and Co. KGaA
- Ruhrpumpen Group
- Sulzer Ltd
- Wärtsilä
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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