The Data Bus Market is expected to grow from US$ 18,488.9 million in 2021 to US$ 25,258.0 million by 2028; it is estimated to grow at a CAGR of 4.6% during 2021-2028.
The term "data bus" refers to an internal pathway built for data transmission amid processors or memory. Over the years, numerous types of data buses have evolved to comply with various hardware devices such as data storage units and processors. Diverse types of data bus systems in personal computers and other hardware have evolved. Data bus systems are used in various applications, including marine, automotive, commercial aviation, and military applications. The continuous modernization of military aircraft can decrease the possibilities of mishaps resulting from errors introduced by pilots, enhance mission capacities, and increase comprehension of circumstances. The growth of the data bus market is attributed to the increase in passenger car orders, rise in the number of aircraft deliveries, upgrade of naval and airborne programs, and a need to decrease swap specifications. The average life of a data bus ranges from 35 to 45 years, and after that, the systems need an upgrade. The long-life hampers the growth of the Data Bus Market as it reduces the chances of replacing the systems that are currently in use with the new ones.
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Data Bus Market: Strategic Insights
Market Size Value in US$ 18,488.9 Million in 2021 Market Size Value by US$ 25,258.0 Million by 2028 Growth rate CAGR of 4.6% from 2021 to 2028 Forecast Period 2021-2028 Base Year 2021
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Data Bus Market: Strategic Insights
Market Size Value in | US$ 18,488.9 Million in 2021 |
Market Size Value by | US$ 25,258.0 Million by 2028 |
Growth rate | CAGR of 4.6% from 2021 to 2028 |
Forecast Period | 2021-2028 |
Base Year | 2021 |
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Speak to AnalystImpact of COVID-19 Pandemic on Data Bus Market
The COVID–19 outbreak has significantly affected the world and is continuing to shatter several countries. Until the outbreak of COVID–19, the aerospace industry was experiencing substantial growth in terms of production, despite huge backlogs from the aircraft manufacturers. The global aviation industry witnessed a significant rise in the number of passengers count and an increase in aircraft procurement.
Unfortunately, the COVID–19 outbreak decimated the demand for aircraft globally, which reflected significantly lower volumes of orders among the aircraft manufacturers, which resulted in a lower number of productions. The decline in production volumes adversely affected the businesses of various component manufacturers and associated technologies. Thus, the Data Bus Market players' businesses have been severely affected by destabilization in aircraft production.
According to the Electronic Components Industry Association (ECIA), the emergence of COVID-19 has highlighted delays in product releases, disruption in supply chain events, and other industrial activities. Several manufacturers have temporarily halted the manufacturing units, owing to lesser demand for the products as a result of lockdown measures and limited manufacturing resources. Additionally, the manufacturers of various electronic and semiconductor products, including data cables, have been experiencing a substantial delay in lead times, which has weakened the supply chain. This has had a negative impact on the Data Bus Market.
During the pandemic, the entire data bus market came to a halt with minimal resources to foresee the future. Several production units in the US, France, Russia, and China were temporarily halted to adhere to the government rules regarding lockdown and physical distancing. The aircraft manufacturers witnessed a 14–15% general aviation market revenue reduction. This resulted in the decline of Data Bus Market revenue.
Data Bus Market Insights
Ongoing Modernization in Military Aviation
Increasing military spending in emerging economies is driving investments in modernizing existing equipment in aging aircraft. Due to technical problems with various constructions, and issues with propulsion, connection, and other systems, there is a growing demand for technologically superior military aircraft to replace conventional military aircraft. To address the continuously rising number of threats and completely new mission requirements. Fully connected airlines, on the ground and in the air, may use real-time data to improve flight deck operations, reduce future timelines, and enhance customer experience. Thus, many aircraft manufacturers have upgraded their aircraft to include network capabilities that provide in-flight connectivity, which has propelled the demand for data bus. The expansion of the aerospace & military sector is further likely to boost the global market growth in the coming years. The adoption of FlexRay protocols and organic and inorganic growth tactics in military aviation is expected to boost the growth of the global data bus market. The expansion of the global data bus market is further driven by commercial and military aircraft. The need for integration of full-duplex switching ethernet, monitoring systems, cockpit systems, flight control, navigation systems, air data systems, communications systems, and central maintenance systems into single modular avionics systems is also driving the Data Bus Market.
Component-Based Market Insights
Based on component, the Data Bus Market is segmented into hardware and software. The hardware segment further comprises cables and connectors, assemblies/terminators, data bus couplers, interface cards/boards, and others.
Protocol-Based Market Insights
Based on protocol, the Data Bus Market is segmented as Arinc 429/629, Mil-Std 1553, and others. The protocol is the language that is utilized on an aviation data bus. Protocols are a set of formal rules and norms that regulate data exchange between systems. The protocol specifies the transmission and receipt of data on a bus. Also governed by protocol and its accompanying components are data collision prevention, integrity, and bus speed. The electrical and physical standards are defined via low-level protocols. Data formatting, including message syntax and format, is dealt with by high-level protocols.
Players operating in the Data Bus Market adopt strategies such as mergers, acquisitions, and market initiatives to maintain their positions in the market. A few developments by key players are listed below:
- In 2021, Astronics Corporation announced the launch of new protocol models for its Ballard ME1000 family of mPCIe avionics interface cards for embedded aerospace applications. The new models provide interfacing capability for ARINC 429 and ARINC 717 databus protocols, and join models for MIL-STD-1553 that were previously released.
Data Bus Market Report Scope
The Data Bus Market has been segmented and analyzed based on component, protocol, and application. Based on component, the Data Bus Market is further segmented into hardware and software. In terms of protocol, the Data Bus Market is segmented into ARINC 429/629, MIL–STD-1553, and others. Based on application, the Data Bus Market is further segmented into automotive, marine, commercial aviation, and military aviation.
Astronics Corporation, Collins Aerospace, Fujikura Ltd., HUBER+SUHNER, Nexans, TE Connectivity Corporation, Amphenol Ltd., Data Device Corporation, Data Bus Corporation, and OCC are the key Data Bus Market players considered for the research study. In addition, several other significant Data Bus Market players have been studied and analyzed in this research report to get a holistic view of the global Data Bus Market and its ecosystem.
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
Component, Protocol, and Application
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
Argentina, Australia, Brazil, Canada, China, France, Germany, India, Italy, Japan, Mexico, Russian Federation, Saudi Arabia, South Africa, South Korea, United Arab Emirates, United Kingdom, United States
Frequently Asked Questions
On the onboard bus, there is an upsurge in traffic. Remote terminals expect improved services from the onboard bus as they become more "intelligent." They expect to access the bus on demand to transfer data packets. Many current software architectures are built around messaging capabilities, in which programs communicate via variable-length messages generated asynchronously. Because of the growing "intelligence" of remote terminals, their expectations for more complete communication services, and the necessity to support increasingly sophisticated, multi-bus designs, higher-level protocols are being used more frequently on the onboard bus. This, in turn, may increase traffic volume, particularly asynchronous traffic, but it also emphasizes the necessity for the onboard bus to provide asymmetric medium access service. While asynchronous packet traffic on spacecraft buses has been steadily increasing, the number of basic sensors and actuators that must be serviced through the bus has remained constant. In reality, there is strong evidence that such low-cost gadgets are increasing. The MIL-STD-1553B command and control bus is the most frequent aboard a spacecraft, and the additions in ECSS-E-ST-50-13C cover it for future European space use. However, as processing power grows and sub-systems become more complex, there is a growing demand for data networks that meet MIL-STD-1553B requirements while also being compatible with the miniaturized low-power devices they connect. Pin counts, connector sizes, and harness bulk can all be reduced in this way. The awareness that the building block method demands standardization above the basic bus protocols goes hand in hand with the requirement to improve connectivity. Future data system innovations include, among other things, the adoption of the CAN bus as a complement to MIL-STD-1553B, the creation and usage of higher-layer protocols, and the standardization of digital sensor buses as the most efficient means to decrease harness and integration costs.
North America is expected to hold the largest share of the Data Bus Market in the coming years as it includes a few of the world's fastest growing and leading economies. The North American Data Bus Market is segmented into the US, Canada, and Mexico. The growth of the Data Bus Market in North America can be attributed to the flourishing electric vehicles (EV) industry, in line with the increasing number of environmental regulations and green initiatives.
Based on Protocol, the Data Bus Market is segmented as Arinc 429/629, Mil-Std 1553, and others. The protocol is the language that is utilized on an aviation data bus. Protocols are a set of formal rules and norms that regulate data exchange between systems. The protocol specifies the transmission and receipt of data on a bus. Also governed by protocol and its accompanying components are data collision prevention, integrity, and bus speed. The electrical and physical standards are defined via low-level protocols. Data formatting, including message syntax and format, is dealt with by high-level protocols. The Mil-Std 1553 segment led the Data Bus Market with a market share of 47.5% in 2020. It is expected to account for 47.8% of the total market in 2028.
The hardware segment led the Data Bus Market with a market share of 65.9% in 2020. It is expected to account for 62.2% of the total market in 2028. The hardware segment for data bus further comprises of cables and connectors, assemblies/terminators, data bus couplers, interface cards/boards, and others.
The data bus systems are used in various applications, including marine, automotive, commercial aviation, and military applications. The continuous modernization of military aircraft can decrease the possibilities of mishaps resulting due to errors introduced by pilots, enhance mission capacities, and increase comprehension of circumstances. The growth of the Data Bus Market is attributed to the increase in passenger car orders, rise in the number of aircraft deliveries, upgrading of naval and airborne programs, and a need to decrease swap specifications. The average life of a data bus ranges from 35 to 45 years, and after that, the systems need an upgrade. The long life hampers the growth of the Data Bus Market as it reduces the chances of replacing the systems that are currently in use with the new ones.
The demand for new military aircraft is increasing as countries attempt to update their fleets and expand their capabilities, especially in Asia-Pacific. The Australian Army received the first two of four new Boeing CH-47F Chinook transport helicopters in July 2021. The contract is worth USD 441 million and would add 14 CH-47F heavy-lift helicopters to the Army's fleet. The third and fourth helicopters are expected to arrive in mid-2022. The Royal Australian Air Force (RAAF) has placed another order for 2 P-8As, bringing the total number of P-8As under contract to 14. The P-8As are land-based antisubmarine and anti-surface ship planes built for intelligence, surveillance, and reconnaissance missions. Further, Indian government authorized the proposal for procuring 56 C295 transport aircraft from Airbus Defence and Space, Spain, in September 2021; Airbus Defence and Space, Spain has been awarded a contract for Rs 22,000 crore for the acquisition of the C 295MW cargo aircraft. 14 of the planes will be produced in Spain, with the remainder 40 being built in India as part of a joint venture between Airbus and Tata Group. In the last five years, China has added numerous new military aircraft to its inventory. As a result of these purchases, the demand for data bus is increasing in Asia Pacific as most new aircraft units are built upon data bus protocols.
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Data Bus Market Landscape
4.1 Market Overview
4.2 Pest Analysis
4.2.1 North America
4.2.2 Europe
4.2.3 Asia-Pacific
4.2.4 Middle East & Africa
4.2.5 South America
4.3 Ecosystem Analysis
5. Data Bus Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Ongoing Modernization in Military Aviation
5.1.2 Electrification in Automotive Sector
5.2 Market Restraints
5.2.1 Problems Pertaining to Serial Data bus
5.3 Market Opportunities
5.3.1 Increasing Demand for New Aircraft in Asia-Pacific Countries
5.4 Future Trends
5.4.1 High Performance Data Buses
5.5 Impact Analysis of Drivers and Restraints
6. Data Bus Market – Global Market Analysis
6.1 Global Data Bus Market Overview
6.2 Global Data Bus Market Revenue Forecast and Analysis
6.3 Market Positioning – Five Key Players
7. Data Bus Market Analysis – By Component
7.1 Overview
7.2 Data Bus Market, By Component (2020 and 2028)
7.3 Hardware
7.3.1 Overview
7.3.2 Hardware: Data Bus Market – Revenue and Forecast to 2028 (US$ Million)
7.3.2.1 Cables and Connectors
7.3.2.2 Overview
7.3.3 Cables and Connectors: Data Bus Market – Revenue and Forecast to 2028 (US$ Million)
7.3.3.1 Assemblies/Terminators
7.3.3.2 Overview
7.3.4 Assemblies/Terminators: Data Bus Market – Revenue and Forecast to 2028 (US$ Million)
7.3.4.1 Data Bus Couplers
7.3.4.2 Overview
7.3.5 Data Bus Couplers: Data Bus Market – Revenue and Forecast to 2028 (US$ Million)
7.3.5.1 Interface Cards/Boards
7.3.5.2 Overview
7.3.6 Interface Cards/Boards: Data Bus Market – Revenue and Forecast to 2028 (US$ Million)
7.3.6.1 Others
7.3.6.2 Overview
7.3.7 Others: Data Bus Market – Revenue and Forecast to 2028 (US$ Million)
7.4 Software
7.4.1 Overview
7.4.2 Software: Data Bus Market – Revenue and Forecast to 2028 (US$ Million)
8. Data Bus Market Analysis – By Protocol
8.1 Overview
8.2 Data Bus Market, By Protocol (2020 and 2028)
8.3 Arinc 429/629
8.3.1 Overview
8.3.2 Arinc 429/629: Data Bus Market – Revenue and Forecast to 2028 (US$ Million)
8.4 Mil-Std 1553
8.4.1 Overview
8.4.2 Mil-Std 1553: Data Bus Market – Revenue and Forecast to 2028 (US$ Million)
8.5 Others
8.5.1 Overview
8.5.2 Others: Data Bus Market – Revenue and Forecast to 2028 (US$ Million)
9. Data Bus Market Analysis – By Application
9.1 Overview
9.2 Data Bus Market, By Application (2020 and 2028)
9.3 Automotive
9.3.1 Overview
9.3.2 Automotive: Data Bus Market – Revenue and Forecast to 2028 (US$ Million)
9.4 Marine
9.4.1 Overview
9.4.2 Marine: Data Bus Market – Revenue and Forecast to 2028 (US$ Million)
9.5 Commercial Aviation
9.5.1 Overview
9.5.2 Commercial Aviation: Data Bus Market – Revenue and Forecast to 2028 (US$ Million)
9.6 Military Aviation
9.6.1 Overview
9.6.2 Military Aviation: Data Bus Market – Revenue and Forecast to 2028 (US$ Million)
10. Data Bus Market – Geographic Analysis
10.1 Overview
10.2 North America: Data Bus Market
10.2.1 North America: Data Bus Market – Revenue and Forecast to 2028 (US$ Million)
10.2.2 North America: Data Bus Market, by Component
10.2.3 North America: Data Bus Market, by Protocol
10.2.4 North America: Data Bus Market, by Application
10.2.5 North America: Data Bus Market, by Hardware
10.2.6 North America: Data Bus Market, by Key Country
10.2.6.1 US: Data Bus Market – Revenue and Forecast to 2028 (US$ Million)
10.2.6.1.1 US: Data Bus Market, by Component
10.2.6.1.2 US: Data Bus Market, by Protocol
10.2.6.1.3 US: Data Bus Market, by Application
10.2.6.1.4 US: Data Bus Market, by Hardware
10.2.6.2 Canada: Data Bus Market – Revenue and Forecast to 2028 (US$ Million)
10.2.6.2.1 Canada: Data Bus Market, by Component
10.2.6.2.2 Canada: Data Bus Market, by Protocol
10.2.6.2.3 Canada: Data Bus Market, by Application
10.2.6.2.4 Canada: Data Bus Market, by Hardware
10.2.6.3 Mexico: Data Bus Market – Revenue and Forecast to 2028 (US$ Million)
10.2.6.3.1 Mexico: Data Bus Market, by Component
10.2.6.3.2 Mexico: Data Bus Market, by Protocol
10.2.6.3.3 Mexico: Data Bus Market, by Application
10.2.6.3.4 Mexico: Data Bus Market, by Hardware
10.3 Europe: Data Bus Market
10.3.1 Europe: Data Bus Market – Revenue and Forecast to 2028 (US$ Million)
10.3.2 Europe: Data Bus Market, by Component
10.3.3 Europe: Data Bus Market, by Protocol
10.3.4 Europe: Data Bus Market, by Application
10.3.5 Europe: Data Bus Market, by Hardware
10.3.6 Europe: Data Bus Market, by Key Country
10.3.6.1 France: Data Bus Market – Revenue and Forecast to 2028 (US$ Million)
10.3.6.1.1 France: Data Bus Market, by Component
10.3.6.1.2 France: Data Bus Market, by Protocol
10.3.6.1.3 France: Data Bus Market, by Application
10.3.6.1.4 France: Data Bus Market, by Hardware
10.3.6.2 Germany: Data Bus Market – Revenue and Forecast to 2028 (US$ Million)
10.3.6.2.1 Germany: Data Bus Market, by Component
10.3.6.2.2 Germany: Data Bus Market, by Protocol
10.3.6.2.3 Germany: Data Bus Market, by Application
10.3.6.2.4 Germany: Data Bus Market, by Hardware
10.3.6.3 Italy: Data Bus Market – Revenue and Forecast to 2028 (US$ Million)
10.3.6.3.1 Italy: Data Bus Market, by Component
10.3.6.3.2 Italy: Data Bus Market, by Protocol
10.3.6.3.3 Italy: Data Bus Market, by Application
10.3.6.3.4 Italy: Data Bus Market, by Hardware
10.3.6.4 UK: Data Bus Market – Revenue and Forecast to 2028 (US$ Million)
10.3.6.4.1 UK: Data Bus Market, by Component
10.3.6.4.2 UK: Data Bus Market, by Protocol
10.3.6.4.3 UK: Data Bus Market, by Application
10.3.6.4.4 UK: Data Bus Market, by Hardware
10.3.6.5 Russia: Data Bus Market – Revenue and Forecast to 2028 (US$ Million)
10.3.6.5.1 Russia: Data Bus Market, by Component
10.3.6.5.2 Russia: Data Bus Market, by Protocol
10.3.6.5.3 Russia: Data Bus Market, by Application
10.3.6.5.4 Russia: Data Bus Market, by Hardware
10.3.6.6 Rest of Europe: Data Bus Market – Revenue and Forecast to 2028 (US$ Million)
10.3.6.6.1 Rest of Europe: Data Bus Market, by Component
10.3.6.6.2 Rest of Europe: Data Bus Market, by Protocol
10.3.6.6.3 Rest of Europe: Data Bus Market, by Application
10.3.6.6.4 Rest of Europe: Data Bus Market, by Hardware
10.4 Asia Pacific: Data Bus Market
10.4.1 Asia Pacific: Data Bus Market – Revenue and Forecast to 2028 (US$ Million)
10.4.2 Asia Pacific: Data Bus Market, by Component
10.4.3 Asia Pacific: Data Bus Market, by Protocol
10.4.4 Asia Pacific: Data Bus Market, by Application
10.4.5 Asia Pacific: Data Bus Market, by Hardware
10.4.6 Asia Pacific: Data Bus Market, by Key Country
10.4.6.1 Australia: Data Bus Market – Revenue and Forecast to 2028 (US$ Million)
10.4.6.1.1 Australia: Data Bus Market, by Component
10.4.6.1.2 Australia: Data Bus Market, by Protocol
10.4.6.1.3 Australia: Data Bus Market, by Application
10.4.6.1.4 Australia: Data Bus Market, by Hardware
10.4.6.2 China: Data Bus Market – Revenue and Forecast to 2028 (US$ Million)
10.4.6.2.1 China: Data Bus Market, by Component
10.4.6.2.2 China: Data Bus Market, by Protocol
10.4.6.2.3 China: Data Bus Market, by Application
10.4.6.2.4 China: Data Bus Market, by Hardware
10.4.6.3 India: Data Bus Market – Revenue and Forecast to 2028 (US$ Million)
10.4.6.3.1 India: Data Bus Market, by Component
10.4.6.3.2 India: Data Bus Market, by Protocol
10.4.6.3.3 India: Data Bus Market, by Application
10.4.6.3.4 India: Data Bus Market, by Hardware
10.4.6.4 Japan: Data Bus Market – Revenue and Forecast to 2028 (US$ Million)
10.4.6.4.1 Japan: Data Bus Market, by Component
10.4.6.4.2 Japan: Data Bus Market, by Protocol
10.4.6.4.3 Japan: Data Bus Market, by Application
10.4.6.4.4 Japan: Data Bus Market, by Hardware
10.4.6.5 South Korea: Data Bus Market – Revenue and Forecast to 2028 (US$ Million)
10.4.6.5.1 South Korea: Data Bus Market, by Component
10.4.6.5.2 South Korea: Data Bus Market, by Protocol
10.4.6.5.3 South Korea: Data Bus Market, by Application
10.4.6.5.4 South Korea: Data Bus Market, by Hardware
10.4.6.6 Rest of APAC: Data Bus Market – Revenue and Forecast to 2028 (US$ Million)
10.4.6.6.1 Rest of APAC: Data Bus Market, by Component
10.4.6.6.2 Rest of APAC: Data Bus Market, by Protocol
10.4.6.6.3 Rest of APAC: Data Bus Market, by Application
10.4.6.6.4 Rest of APAC: Data Bus Market, by Hardware
10.5 Middle East and Africa: Data Bus Market
10.5.1 Middle East and Africa: Data Bus Market – Revenue and Forecast to 2028 (US$ Million)
10.5.2 Middle East and Africa: Data Bus Market, by Component
10.5.3 Middle East and Africa: Data Bus Market, by Protocol
10.5.4 Middle East and Africa: Data Bus Market, by Application
10.5.5 Middle East and Africa: Data Bus Market, by Hardware
10.5.6 Middle East and Africa: Data Bus Market, by Key Country
10.5.6.1 Saudi Arabia: Data Bus Market – Revenue and Forecast to 2028 (US$ Million)
10.5.6.1.1 Saudi Arabia: Data Bus Market, by Component
10.5.6.1.2 Saudi Arabia: Data Bus Market, by Protocol
10.5.6.1.3 Saudi Arabia: Data Bus Market, by Application
10.5.6.1.4 Saudi Arabia: Data Bus Market, by Hardware
10.5.6.2 UAE: Data Bus Market – Revenue and Forecast to 2028 (US$ Million)
10.5.6.2.1 UAE: Data Bus Market, by Component
10.5.6.2.2 UAE: Data Bus Market, by Protocol
10.5.6.2.3 UAE: Data Bus Market, by Application
10.5.6.2.4 UAE: Data Bus Market, by Hardware
10.5.6.3 South Africa: Data Bus Market – Revenue and Forecast to 2028 (US$ Million)
10.5.6.3.1 South Africa: Data Bus Market, by Component
10.5.6.3.2 South Africa: Data Bus Market, by Protocol
10.5.6.3.3 South Africa: Data Bus Market, by Application
10.5.6.3.4 South Africa: Data Bus Market, by Hardware
10.5.6.4 Rest of MEA: Data Bus Market – Revenue and Forecast to 2028 (US$ Million)
10.5.6.4.1 Rest of MEA: Data Bus Market, by Component
10.5.6.4.2 Rest of MEA: Data Bus Market, by Protocol
10.5.6.4.3 Rest of MEA: Data Bus Market, by Application
10.5.6.4.4 Rest of MEA: Data Bus Market, by Hardware
10.6 South America: Data Bus Market
10.6.1 South America: Data Bus Market – Revenue and Forecast to 2028 (US$ Million)
10.6.2 South America: Data Bus Market, by Component
10.6.3 South America: Data Bus Market, by Protocol
10.6.4 South America: Data Bus Market, by Application
10.6.5 South America: Data Bus Market, by Hardware
10.6.6 South America: Data Bus Market, by Key Country
10.6.6.1 Brazil: Data Bus Market – Revenue and Forecast to 2028 (US$ Million)
10.6.6.1.1 Brazil: Data Bus Market, by Component
10.6.6.1.2 Brazil: Data Bus Market, by Protocol
10.6.6.1.3 Brazil: Data Bus Market, by Application
10.6.6.1.4 Brazil: Data Bus Market, by Hardware
10.6.6.2 Argentina: Data Bus Market – Revenue and Forecast to 2028 (US$ Million)
10.6.6.2.1 Argentina: Data Bus Market, by Component
10.6.6.2.2 Argentina: Data Bus Market, by Protocol
10.6.6.2.3 Argentina: Data Bus Market, by Application
10.6.6.2.4 Argentina: Data Bus Market, by Hardware
10.6.6.3 Rest of SAM: Data Bus Market – Revenue and Forecast to 2028 (US$ Million)
10.6.6.3.1 Rest of SAM: Data Bus Market, by Component
10.6.6.3.2 Rest of SAM: Data Bus Market, by Protocol
10.6.6.3.3 Rest of SAM: Data Bus Market, by Application
10.6.6.3.4 Rest of SAM: Data Bus Market, by Hardware
11. Data Bus Market - COVID-19 Impact Analysis
11.1 Overview
11.1.1 North America: Impact Assessment of COVID-19 Pandemic
11.1.2 Europe: Impact Assessment of COVID-19 Pandemic
11.1.3 APAC: Impact Assessment of COVID-19 Pandemic
11.1.4 MEA: Impact Assessment of COVID-19 Pandemic
11.1.5 SAM: Impact Assessment of COVID-19 Pandemic
12. Industry Landscape
12.1 Overview
12.2 Market Initiative
12.3 New Product Development
13. Company Profiles
13.1 Astronics Corporation
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 Collins Aerospace
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 Fujikura Ltd.
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 HUBER+SUHNER
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 Nexans
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 TE Connectivity Corporation
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 Amphenol 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 Data Device Corporation
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 Data Bus Products Corp.
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 OCC
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 Word Index
LIST OF TABLES
Table 1. Global Data Bus Market Revenue and Forecast to 2028 (US$ Million)
Table 2. North America: Data Bus Market, by Component – Revenue and Forecast to 2028 (US$ Million)
Table 3. North America: Data Bus Market, by Protocol – Revenue and Forecast to 2028 (US$ Million)
Table 4. North America: Data Bus Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 5. North America: Data Bus Market, by Hardware – Revenue and Forecast to 2028 (US$ Million)
Table 6. North America: Data Bus Market, by Country – Revenue and Forecast to 2028 (US$ Million)
Table 7. US: Data Bus Market, by Component – Revenue and Forecast to 2028 (US$ Million)
Table 8. US: Data Bus Market, by Protocol – Revenue and Forecast to 2028 (US$ Million)
Table 9. US: Data Bus Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 10. US: Data Bus Market, by Hardware – Revenue and Forecast to 2028 (US$ Million)
Table 11. Canada: Data Bus Market, by Component – Revenue and Forecast to 2028 (US$ Million)
Table 12. Canada: Data Bus Market, by Protocol – Revenue and Forecast to 2028 (US$ Million)
Table 13. Canada: Data Bus Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 14. Canada: Data Bus Market, by Hardware – Revenue and Forecast to 2028 (US$ Million)
Table 15. Mexico: Data Bus Market, by Component – Revenue and Forecast to 2028 (US$ Million)
Table 16. Mexico: Data Bus Market, by Protocol – Revenue and Forecast to 2028 (US$ Million)
Table 17. Mexico: Data Bus Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 18. Mexico: Data Bus Market, by Hardware – Revenue and Forecast to 2028 (US$ Million)
Table 19. Europe: Data Bus Market, by Component – Revenue and Forecast to 2028 (US$ Million)
Table 20. Europe: Data Bus Market, by Protocol – Revenue and Forecast to 2028 (US$ Million)
Table 21. Europe: Data Bus Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 22. Europe: Data Bus Market, by Hardware – Revenue and Forecast to 2028 (US$ Million)
Table 23. Europe: Data Bus Market, by Country – Revenue and Forecast to 2028 (US$ Million)
Table 24. France: Data Bus Market, by Component – Revenue and Forecast to 2028 (US$ Million)
Table 25. France: Data Bus Market, by Protocol – Revenue and Forecast to 2028 (US$ Million)
Table 26. France: Data Bus Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 27. France: Data Bus Market, by Hardware – Revenue and Forecast to 2028 (US$ Million)
Table 28. Germany: Data Bus Market, by Component – Revenue and Forecast to 2028 (US$ Million)
Table 29. Germany: Data Bus Market, by Protocol – Revenue and Forecast to 2028 (US$ Million)
Table 30. Germany: Data Bus Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 31. Germany: Data Bus Market, by Hardware – Revenue and Forecast to 2028 (US$ Million)
Table 32. Italy: Data Bus Market, by Component – Revenue and Forecast to 2028 (US$ Million)
Table 33. Italy: Data Bus Market, by Protocol – Revenue and Forecast to 2028 (US$ Million)
Table 34. Italy: Data Bus Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 35. Italy: Data Bus Market, by Hardware – Revenue and Forecast to 2028 (US$ Million)
Table 36. UK: Data Bus Market, by Component – Revenue and Forecast to 2028 (US$ Million)
Table 37. UK: Data Bus Market, by Protocol – Revenue and Forecast to 2028 (US$ Million)
Table 38. UK: Data Bus Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 39. UK: Data Bus Market, by Hardware – Revenue and Forecast to 2028 (US$ Million)
Table 40. Russia: Data Bus Market, by Component – Revenue and Forecast to 2028 (US$ Million)
Table 41. Russia: Data Bus Market, by Protocol – Revenue and Forecast to 2028 (US$ Million)
Table 42. Russia: Data Bus Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 43. Russia: Data Bus Market, by Hardware – Revenue and Forecast to 2028 (US$ Million)
Table 44. Rest of Europe: Data Bus Market, by Component – Revenue and Forecast to 2028 (US$ Million)
Table 45. Rest of Europe: Data Bus Market, by Protocol – Revenue and Forecast to 2028 (US$ Million)
Table 46. Rest of Europe: Data Bus Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 47. Rest of Europe: Data Bus Market, by Hardware – Revenue and Forecast to 2028 (US$ Million)
Table 48. Asia Pacific: Data Bus Market, by Component – Revenue and Forecast to 2028 (US$ Million)
Table 49. Asia Pacific: Data Bus Market, by Protocol – Revenue and Forecast to 2028 (US$ Million)
Table 50. Asia Pacific: Data Bus Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 51. Asia Pacific: Data Bus Market, by Hardware – Revenue and Forecast to 2028 (US$ Million)
Table 52. Asia Pacific: Data Bus Market, by Country – Revenue and Forecast to 2028 (US$ Million)
Table 53. Australia: Data Bus Market, by Component – Revenue and Forecast to 2028 (US$ Million)
Table 54. Australia: Data Bus Market, by Protocol – Revenue and Forecast to 2028 (US$ Million)
Table 55. Australia: Data Bus Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 56. Australia: Data Bus Market, by Hardware – Revenue and Forecast to 2028 (US$ Million)
Table 57. China: Data Bus Market, by Component – Revenue and Forecast to 2028 (US$ Million)
Table 58. China: Data Bus Market, by Protocol – Revenue and Forecast to 2028 (US$ Million)
Table 59. China: Data Bus Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 60. China: Data Bus Market, by Hardware – Revenue and Forecast to 2028 (US$ Million)
Table 61. India: Data Bus Market, by Component – Revenue and Forecast to 2028 (US$ Million)
Table 62. India: Data Bus Market, by Protocol – Revenue and Forecast to 2028 (US$ Million)
Table 63. India: Data Bus Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 64. India: Data Bus Market, by Hardware – Revenue and Forecast to 2028 (US$ Million)
Table 65. Japan: Data Bus Market, by Component – Revenue and Forecast to 2028 (US$ Million)
Table 66. Japan: Data Bus Market, by Protocol – Revenue and Forecast to 2028 (US$ Million)
Table 67. Japan: Data Bus Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 68. Japan: Data Bus Market, by Hardware – Revenue and Forecast to 2028 (US$ Million)
Table 69. South Korea: Data Bus Market, by Component – Revenue and Forecast to 2028 (US$ Million)
Table 70. South Korea: Data Bus Market, by Protocol – Revenue and Forecast to 2028 (US$ Million)
Table 71. South Korea: Data Bus Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 72. South Korea: Data Bus Market, by Hardware – Revenue and Forecast to 2028 (US$ Million)
Table 73. Rest of APAC: Data Bus Market, by Component – Revenue and Forecast to 2028 (US$ Million)
Table 74. Rest of APAC: Data Bus Market, by Protocol – Revenue and Forecast to 2028 (US$ Million)
Table 75. Rest of APAC: Data Bus Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 76. Rest of APAC: Data Bus Market, by Hardware – Revenue and Forecast to 2028 (US$ Million)
Table 77. Middle East and Africa: Data Bus Market, by Component – Revenue and Forecast to 2028 (US$ Million)
Table 78. Middle East and Africa: Data Bus Market, by Protocol – Revenue and Forecast to 2028 (US$ Million)
Table 79. Middle East and Africa: Data Bus Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 80. Middle East and Africa: Data Bus Market, by Hardware – Revenue and Forecast to 2028 (US$ Million)
Table 81. Middle East and Africa: Data Bus Market, by Country – Revenue and Forecast to 2028 (US$ Million)
Table 82. Saudi Arabia: Data Bus Market, by Component – Revenue and Forecast to 2028 (US$ Million)
Table 83. Saudi Arabia: Data Bus Market, by Protocol – Revenue and Forecast to 2028 (US$ Million)
Table 84. Saudi Arabia: Data Bus Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 85. Saudi Arabia: Data Bus Market, by Hardware – Revenue and Forecast to 2028 (US$ Million)
Table 86. UAE: Data Bus Market, by Component – Revenue and Forecast to 2028 (US$ Million)
Table 87. UAE: Data Bus Market, by Protocol – Revenue and Forecast to 2028 (US$ Million)
Table 88. UAE: Data Bus Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 89. UAE: Data Bus Market, by Hardware – Revenue and Forecast to 2028 (US$ Million)
Table 90. South Africa: Data Bus Market, by Component – Revenue and Forecast to 2028 (US$ Million)
Table 91. South Africa: Data Bus Market, by Protocol – Revenue and Forecast to 2028 (US$ Million)
Table 92. South Africa: Data Bus Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 93. South Africa: Data Bus Market, by Hardware – Revenue and Forecast to 2028 (US$ Million)
Table 94. Rest of MEA: Data Bus Market, by Component – Revenue and Forecast to 2028 (US$ Million)
Table 95. Rest of MEA: Data Bus Market, by Protocol – Revenue and Forecast to 2028 (US$ Million)
Table 96. Rest of MEA: Data Bus Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 97. Rest of MEA: Data Bus Market, by Hardware – Revenue and Forecast to 2028 (US$ Million)
Table 98. South America: Data Bus Market, by Component – Revenue and Forecast to 2028 (US$ Million)
Table 99. South America: Data Bus Market, by Protocol – Revenue and Forecast to 2028 (US$ Million)
Table 100. South America: Data Bus Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 101. South America: Data Bus Market, by Hardware – Revenue and Forecast to 2028 (US$ Million)
Table 102. South America: Data Bus Market, by Country – Revenue and Forecast to 2028 (US$ Million)
Table 103. Brazil: Data Bus Market, by Component – Revenue and Forecast to 2028 (US$ Million)
Table 104. Brazil: Data Bus Market, by Protocol – Revenue and Forecast to 2028 (US$ Million)
Table 105. Brazil: Data Bus Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 106. Brazil: Data Bus Market, by Hardware – Revenue and Forecast to 2028 (US$ Million)
Table 107. Argentina: Data Bus Market, by Component – Revenue and Forecast to 2028 (US$ Million)
Table 108. Argentina: Data Bus Market, by Protocol – Revenue and Forecast to 2028 (US$ Million)
Table 109. Argentina: Data Bus Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 110. Argentina: Data Bus Market, by Hardware – Revenue and Forecast to 2028 (US$ Million)
Table 111. Rest of SAM: Data Bus Market, by Component – Revenue and Forecast to 2028 (US$ Million)
Table 112. Rest of SAM: Data Bus Market, by Protocol – Revenue and Forecast to 2028 (US$ Million)
Table 113. Rest of SAM: Data Bus Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 114. Rest of SAM: Data Bus Market, by Hardware – Revenue and Forecast to 2028 (US$ Million)
Table 115. List of Abbreviation
LIST OF FIGURES
Figure 1. Data Bus Market Segmentation
Figure 2. Data Bus Market Segmentation – By Geography
Figure 3. Global Data Bus Market Overview
Figure 4. Data Bus Market, by Component
Figure 5. Data Bus Market, by Protocol
Figure 6. Data Bus Market, by Application
Figure 7. Data Bus Market, By Geography
Figure 8. North America
Figure 9. Europe
Figure 10. APAC
Figure 11. MEA
Figure 12. SAM
Figure 13. Data Bus Market: Ecosystem Analysis
Figure 14. Data Bus Market: Impact Analysis of Drivers and Restraints
Figure 15. Geographic Overview of Data Bus Market
Figure 16. Global Data Bus Market Revenue Forecast and Analysis (US$ Million)
Figure 17. Data Bus Market Revenue Share, By Component (2020 and 2028)
Figure 18. Hardware: Data Bus Market – Revenue and Forecast to 2028 (US$ Million)
Figure 19. Cables and Connectors: Data Bus Market – Revenue and Forecast to 2028 (US$ Million)
Figure 20. Assemblies/Terminators: Data Bus Market – Revenue and Forecast to 2028 (US$ Million)
Figure 21. Data Bus Couplers: Data Bus Market – Revenue and Forecast to 2028 (US$ Million)
Figure 22. Interface Cards/Boards: Data Bus Market – Revenue and Forecast to 2028 (US$ Million)
Figure 23. Others: Data Bus Market – Revenue and Forecast to 2028 (US$ Million)
Figure 24. Software: Data Bus Market – Revenue and Forecast to 2028 (US$ Million)
Figure 25. Data Bus Market Revenue Share, by Protocol (2020 and 2028)
Figure 26. Arinc 429/629: Data Bus Market – Revenue and Forecast to 2028 (US$ Million)
Figure 27. Mil-Std 1553: Data Bus Market – Revenue and Forecast to 2028 (US$ Million)
Figure 28. Others: Data Bus Market – Revenue and Forecast to 2028 (US$ Million)
Figure 29. Data Bus Market Revenue Share, by Application (2020 and 2028)
Figure 30. Automotive: Data Bus Market – Revenue and Forecast to 2028 (US$ Million)
Figure 31. Marine: Data Bus Market – Revenue and Forecast to 2028 (US$ Million)
Figure 32. Commercial Aviation: Data Bus Market – Revenue and Forecast to 2028 (US$ Million)
Figure 33. Military Aviation: Data Bus Market – Revenue and Forecast to 2028 (US$ Million)
Figure 34. Global Data Bus Market Revenue Share, By Region (2020 & 2028)
Figure 35. North America: Data Bus Market – Revenue and Forecast to 2028 (US$ Million)
Figure 36. North America: Data Bus Market Revenue Share, by Component (2020 & 2028)
Figure 37. North America: Data Bus Market Revenue Share, by Protocol (2020 & 2028)
Figure 38. North America: Data Bus Market Revenue Share, by Application (2020 & 2028)
Figure 39. North America: Data Bus Market Revenue Share, by Hardware (2020 & 2028)
Figure 40. North America: Data Bus Market Revenue Share, by Key Country (2020 & 2028)
Figure 41. US: Data Bus Market – Revenue and Forecast to 2028 (US$ Million)
Figure 42. Canada: Data Bus Market – Revenue and Forecast to 2028 (US$ Million)
Figure 43. Mexico: Data Bus Market – Revenue and Forecast to 2028 (US$ Million)
Figure 44. Europe: Data Bus Market – Revenue and Forecast to 2028 (US$ Million)
Figure 45. Europe: Data Bus Market Revenue Share, by Component (2020 & 2028)
Figure 46. Europe: Data Bus Market Revenue Share, by Protocol (2020 & 2028)
Figure 47. Europe: Data Bus Market Revenue Share, by Application (2020 & 2028)
Figure 48. Europe: Data Bus Market Revenue Share, by Hardware (2020 & 2028)
Figure 49. Europe: Data Bus Market Revenue Share, by Key Country (2020 & 2028)
Figure 50. France: Data Bus Market – Revenue and Forecast to 2028 (US$ Million)
Figure 51. Germany: Data Bus Market – Revenue and Forecast to 2028 (US$ Million)
Figure 52. Italy: Data Bus Market – Revenue and Forecast to 2028 (US$ Million)
Figure 53. UK: Data Bus Market – Revenue and Forecast to 2028 (US$ Million)
Figure 54. Russia: Data Bus Market – Revenue and Forecast to 2028 (US$ Million)
Figure 55. Rest of Europe: Data Bus Market – Revenue and Forecast to 2028 (US$ Million)
Figure 56. Asia Pacific: Data Bus Market – Revenue and Forecast to 2028 (US$ Million)
Figure 57. Asia Pacific: Data Bus Market Revenue Share, by Component (2020 & 2028)
Figure 58. Asia Pacific: Data Bus Market Revenue Share, by Protocol (2020 & 2028)
Figure 59. Asia Pacific: Data Bus Market Revenue Share, by Application (2020 & 2028)
Figure 60. Asia Pacific: Data Bus Market Revenue Share, by Hardware (2020 & 2028)
Figure 61. Asia Pacific: Data Bus Market Revenue Share, by Key Country (2020 & 2028)
Figure 62. Australia: Data Bus Market – Revenue and Forecast to 2028 (US$ Million)
Figure 63. China: Data Bus Market – Revenue and Forecast to 2028 (US$ Million)
Figure 64. India: Data Bus Market – Revenue and Forecast to 2028 (US$ Million)
Figure 65. Japan: Data Bus Market – Revenue and Forecast to 2028 (US$ Million)
Figure 66. South Korea: Data Bus Market – Revenue and Forecast to 2028 (US$ Million)
Figure 67. Rest of APAC: Data Bus Market – Revenue and Forecast to 2028 (US$ Million)
Figure 68. Middle East and Africa: Data Bus Market – Revenue and Forecast to 2028 (US$ Million)
Figure 69. Middle East and Africa: Data Bus Market Revenue Share, by Component (2020 & 2028)
Figure 70. Middle East and Africa: Data Bus Market Revenue Share, by Protocol (2020 & 2028)
Figure 71. Middle East and Africa: Data Bus Market Revenue Share, by Application (2020 & 2028)
Figure 72. Middle East and Africa: Data Bus Market Revenue Share, by Hardware (2020 & 2028)
Figure 73. Middle East and Africa: Data Bus Market Revenue Share, by Key Country (2020 & 2028)
Figure 74. Saudi Arabia: Data Bus Market – Revenue and Forecast to 2028 (US$ Million)
Figure 75. UAE: Data Bus Market – Revenue and Forecast to 2028 (US$ Million)
Figure 76. South Africa: Data Bus Market – Revenue and Forecast to 2028 (US$ Million)
Figure 77. Rest of MEA: Data Bus Market – Revenue and Forecast to 2028 (US$ Million)
Figure 78. South America: Data Bus Market – Revenue and Forecast to 2028 (US$ Million)
Figure 79. South America: Data Bus Market Revenue Share, by Component (2020 & 2028)
Figure 80. South America: Data Bus Market Revenue Share, by Protocol (2020 & 2028)
Figure 81. South America: Data Bus Market Revenue Share, by Application (2020 & 2028)
Figure 82. South America: Data Bus Market Revenue Share, by Hardware (2020 & 2028)
Figure 83. South America: Data Bus Market Revenue Share, by Key Country (2020 & 2028)
Figure 84. Brazil: Data Bus Market – Revenue and Forecast to 2028 (US$ Million)
Figure 85. Argentina: Data Bus Market – Revenue and Forecast to 2028 (US$ Million)
Figure 86. Rest of SAM: Data Bus Market – Revenue and Forecast to 2028 (US$ Million)
Figure 87. Impact of COVID-19 Pandemic in North American Country Markets
Figure 88. Impact of COVID-19 Pandemic in European Country Markets
Figure 89. Impact of COVID-19 Pandemic in APAC Country Markets
Figure 90. Impact of COVID-19 Pandemic in MEA Country Markets
Figure 91. Impact of COVID-19 Pandemic in SAM Country Markets
The List of Companies - Data Bus Market
- Astronics Corporation
- Amphenol Ltd.
- Collins Aerospace
- Data Device Corporation
- Data Bus Products Corporation
- Fujikura Ltd.
- HUBER+SUHNER
- Nexans
- TE Connectivity
- OCC
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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