Molded Case Circuit Breaker Market Overview, Growth, and Oppotunities by 2031
Coverage: Molded Case Circuit Breaker Market covers analysis By Type (Molded Case, Miniature); Application (Transmission and Distribution, Infrastructure, Power Generation) , and Geography (North America, Europe, Asia Pacific, and South and Central America)
- Report Date : Aug 2025
- Report Code : TIPRE00010552
- Category : Electronics and Semiconductor
- Status : Upcoming
- Available Report Formats :
- No. of Pages : 150
Circuit breakers are among the most crucial components of an electrical circuit system. Molded case circuit breaker (MCCB) is an electromagnetic device that combines a current sensitive device with a temperature sensitive electromagnetic device to protect an electrical circuit from damage caused by excess current, short circuit, and overload. Molded case circuit breakers prevent electricity overloading, thereby avoiding damage to electrical wiring, devices, and electrical fire outbreak. To interrupt the current flow after a fault is detected is the primary function of the molded case circuit breaker. Current sensitive and temperature sensitive devices act mechanically on the trip mechanism. Molded case circuit breakers use one or a combination of various trip elements in order to provide protection from thermal overloads, short circuits, and ground faults. MCCBs are primarily used in industrial, power generation, and transmission & distribution applications requiring heavy protection capacity.
MARKET SCOPE
The "Global Molded case circuit breaker Market Analysis to 2031" is a specialized and in-depth study of the molded case circuit breaker market with a special focus on the global market trend analysis. The report aims to provide an overview of molded case circuit breaker market with detailed market segmentation by type, end-user, and application. The global molded case circuit breaker market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading molded case circuit breaker market players and offers key trends and opportunities in the molded case circuit breaker market.
MARKET SEGMENTATION
- The global molded case circuit breaker market is segmented on the basis of type, and application.
- On the basis of type, the market is divided into molded case, and miniature.
- On the basis of end-user, it is fragmented into transmission and distribution, infrastructure, and power generation.
Drivers
- Factors such as continued modification in electricity infrastructure and ever-rising electricity production and consumption are driving the growth of the global molded case circuit breakers market. These days, countries are investing in the development of electricity infrastructure in order to provide more efficient, reliable, and competitive public service.
Restraints
- Varying operating characteristics of the breaker depending on the ambient temperature may restrict the demand for molded case circuit breaker devices, thereby limiting the growth of the molded case circuit breakers 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 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The molded case circuit breaker 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 marketduring the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the molded case circuit breaker market in these regions.
IMPACT OF COVID-19 ON MOLDED CASE CIRCUIT BREAKER MARKET
The coronavirus's unfavorable global effects are already evident, and they will have a big impact on the Molded Case Circuit Breakers in 2021.
The World Health Organization has declared a public health emergency after the COVID-19 virus outbreak in December 2019. The disease has spread to over 100 nations and resulted in massive deaths across the world. Exports & Imports, global manufacturing, tourism, and financial sectors have all been heavily damaged. The downward pressure on the global economy, which had previously shown signs of improvement, has escalated once more. The outbreak of the virus has added danger factors to the international economy's already sluggish development. Many international groups have stated that the global economy is experiencing its most difficult moment since the financial crisis.
Since the pandemic, the restriction of imports and exports has affected the Molded Case Circuit Breakers market to a great extent as the consumers' consumption and demand patterns are changing amidst pandemics. Issues such as raw material unavailability, stagnation of the global trade and subsequent delays in installation are estimated to drive the prices of the breakers upwards which will prove to be a significant obstacle that the industry will have to adapt to. Increase in prices will cause project delays which, in turn, would again cause a spike in prices.
Have a question?
Naveen
Naveen will walk you through a 15-minute call to present the report’s content and answer all queries if you have any.
Speak to Analyst
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
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 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The molded case circuit breaker 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 marketduring the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the molded case circuit breaker market in these regions.
IMPACT OF COVID-19 ON MOLDED CASE CIRCUIT BREAKER MARKET
The coronavirus's unfavorable global effects are already evident, and they will have a big impact on the Molded Case Circuit Breakers in 2021.
The World Health Organization has declared a public health emergency after the COVID-19 virus outbreak in December 2019. The disease has spread to over 100 nations and resulted in massive deaths across the world. Exports & Imports, global manufacturing, tourism, and financial sectors have all been heavily damaged. The downward pressure on the global economy, which had previously shown signs of improvement, has escalated once more. The outbreak of the virus has added danger factors to the international economy's already sluggish development. Many international groups have stated that the global economy is experiencing its most difficult moment since the financial crisis.
Since the pandemic, the restriction of imports and exports has affected the Molded Case Circuit Breakers market to a great extent as the consumers' consumption and demand patterns are changing amidst pandemics. Issues such as raw material unavailability, stagnation of the global trade and subsequent delays in installation are estimated to drive the prices of the breakers upwards which will prove to be a significant obstacle that the industry will have to adapt to. Increase in prices will cause project delays which, in turn, would again cause a spike in prices.
MARKET PLAYERS
The report covers key developments in the molded case circuit breaker market organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the marketwere acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from molded case circuit breakermarket market are anticipated to lucrative growth opportunities in the future with the rising demand for molded case circuit breaker market in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the molded case circuit breaker 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.
- Siemens AG,
- Honeywell Inc.
- General Electric Company
- Emerson Process Management
- Elster Group GmbH
- Daintree Networks
- Schneider Electric
- C3 Energy
- Daikin Industries
- Gridpoint Inc.
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.
- 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.
TABLE OF CONTENTS
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Molded Case Circuit Breaker Market - By Type
1.3.2 Molded Case Circuit Breaker Market - By Application
1.3.3 Molded Case Circuit Breaker Market - By Region
1.3.3.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. MOLDED CASE CIRCUIT BREAKER 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. EXPERT OPINIONS
5. MOLDED CASE CIRCUIT BREAKER 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. MOLDED CASE CIRCUIT BREAKER MARKET - GLOBAL MARKET ANALYSIS
6.1. MOLDED CASE CIRCUIT BREAKER - GLOBAL MARKET OVERVIEW
6.2. MOLDED CASE CIRCUIT BREAKER - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING
7. MOLDED CASE CIRCUIT BREAKER MARKET - REVENUE AND FORECASTS TO 2028 - TYPE
7.1. OVERVIEW
7.2. TYPE MARKET FORECASTS AND ANALYSIS
7.3. MOLDED CASE
7.3.1. Overview
7.3.2. Molded Case Market Forecast and Analysis
7.4. MINIATURE
7.4.1. Overview
7.4.2. Miniature Market Forecast and Analysis
8. MOLDED CASE CIRCUIT BREAKER MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
8.1. OVERVIEW
8.2. APPLICATION MARKET FORECASTS AND ANALYSIS
8.3. TRANSMISSION AND DISTRIBUTION
8.3.1. Overview
8.3.2. Transmission and Distribution Market Forecast and Analysis
8.4. INFRASTRUCTURE
8.4.1. Overview
8.4.2. Infrastructure Market Forecast and Analysis
8.5. POWER GENERATION
8.5.1. Overview
8.5.2. Power Generation Market Forecast and Analysis
9. MOLDED CASE CIRCUIT BREAKER MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Molded Case Circuit Breaker Market Overview
9.1.2 North America Molded Case Circuit Breaker Market Forecasts and Analysis
9.1.3 North America Molded Case Circuit Breaker Market Forecasts and Analysis - By Type
9.1.4 North America Molded Case Circuit Breaker Market Forecasts and Analysis - By Application
9.1.5 North America Molded Case Circuit Breaker Market Forecasts and Analysis - By Countries
9.1.5.1 United States Molded Case Circuit Breaker Market
9.1.5.1.1 United States Molded Case Circuit Breaker Market by Type
9.1.5.1.2 United States Molded Case Circuit Breaker Market by Application
9.1.5.2 Canada Molded Case Circuit Breaker Market
9.1.5.2.1 Canada Molded Case Circuit Breaker Market by Type
9.1.5.2.2 Canada Molded Case Circuit Breaker Market by Application
9.1.5.3 Mexico Molded Case Circuit Breaker Market
9.1.5.3.1 Mexico Molded Case Circuit Breaker Market by Type
9.1.5.3.2 Mexico Molded Case Circuit Breaker Market by Application
9.2. EUROPE
9.2.1 Europe Molded Case Circuit Breaker Market Overview
9.2.2 Europe Molded Case Circuit Breaker Market Forecasts and Analysis
9.2.3 Europe Molded Case Circuit Breaker Market Forecasts and Analysis - By Type
9.2.4 Europe Molded Case Circuit Breaker Market Forecasts and Analysis - By Application
9.2.5 Europe Molded Case Circuit Breaker Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Molded Case Circuit Breaker Market
9.2.5.1.1 Germany Molded Case Circuit Breaker Market by Type
9.2.5.1.2 Germany Molded Case Circuit Breaker Market by Application
9.2.5.2 France Molded Case Circuit Breaker Market
9.2.5.2.1 France Molded Case Circuit Breaker Market by Type
9.2.5.2.2 France Molded Case Circuit Breaker Market by Application
9.2.5.3 Italy Molded Case Circuit Breaker Market
9.2.5.3.1 Italy Molded Case Circuit Breaker Market by Type
9.2.5.3.2 Italy Molded Case Circuit Breaker Market by Application
9.2.5.4 United Kingdom Molded Case Circuit Breaker Market
9.2.5.4.1 United Kingdom Molded Case Circuit Breaker Market by Type
9.2.5.4.2 United Kingdom Molded Case Circuit Breaker Market by Application
9.2.5.5 Russia Molded Case Circuit Breaker Market
9.2.5.5.1 Russia Molded Case Circuit Breaker Market by Type
9.2.5.5.2 Russia Molded Case Circuit Breaker Market by Application
9.2.5.6 Rest of Europe Molded Case Circuit Breaker Market
9.2.5.6.1 Rest of Europe Molded Case Circuit Breaker Market by Type
9.2.5.6.2 Rest of Europe Molded Case Circuit Breaker Market by Application
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Molded Case Circuit Breaker Market Overview
9.3.2 Asia-Pacific Molded Case Circuit Breaker Market Forecasts and Analysis
9.3.3 Asia-Pacific Molded Case Circuit Breaker Market Forecasts and Analysis - By Type
9.3.4 Asia-Pacific Molded Case Circuit Breaker Market Forecasts and Analysis - By Application
9.3.5 Asia-Pacific Molded Case Circuit Breaker Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Molded Case Circuit Breaker Market
9.3.5.1.1 Australia Molded Case Circuit Breaker Market by Type
9.3.5.1.2 Australia Molded Case Circuit Breaker Market by Application
9.3.5.2 China Molded Case Circuit Breaker Market
9.3.5.2.1 China Molded Case Circuit Breaker Market by Type
9.3.5.2.2 China Molded Case Circuit Breaker Market by Application
9.3.5.3 India Molded Case Circuit Breaker Market
9.3.5.3.1 India Molded Case Circuit Breaker Market by Type
9.3.5.3.2 India Molded Case Circuit Breaker Market by Application
9.3.5.4 Japan Molded Case Circuit Breaker Market
9.3.5.4.1 Japan Molded Case Circuit Breaker Market by Type
9.3.5.4.2 Japan Molded Case Circuit Breaker Market by Application
9.3.5.5 South Korea Molded Case Circuit Breaker Market
9.3.5.5.1 South Korea Molded Case Circuit Breaker Market by Type
9.3.5.5.2 South Korea Molded Case Circuit Breaker Market by Application
9.3.5.6 Rest of Asia-Pacific Molded Case Circuit Breaker Market
9.3.5.6.1 Rest of Asia-Pacific Molded Case Circuit Breaker Market by Type
9.3.5.6.2 Rest of Asia-Pacific Molded Case Circuit Breaker Market by Application
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Molded Case Circuit Breaker Market Overview
9.4.2 Middle East and Africa Molded Case Circuit Breaker Market Forecasts and Analysis
9.4.3 Middle East and Africa Molded Case Circuit Breaker Market Forecasts and Analysis - By Type
9.4.4 Middle East and Africa Molded Case Circuit Breaker Market Forecasts and Analysis - By Application
9.4.5 Middle East and Africa Molded Case Circuit Breaker Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Molded Case Circuit Breaker Market
9.4.5.1.1 South Africa Molded Case Circuit Breaker Market by Type
9.4.5.1.2 South Africa Molded Case Circuit Breaker Market by Application
9.4.5.2 Saudi Arabia Molded Case Circuit Breaker Market
9.4.5.2.1 Saudi Arabia Molded Case Circuit Breaker Market by Type
9.4.5.2.2 Saudi Arabia Molded Case Circuit Breaker Market by Application
9.4.5.3 U.A.E Molded Case Circuit Breaker Market
9.4.5.3.1 U.A.E Molded Case Circuit Breaker Market by Type
9.4.5.3.2 U.A.E Molded Case Circuit Breaker Market by Application
9.4.5.4 Rest of Middle East and Africa Molded Case Circuit Breaker Market
9.4.5.4.1 Rest of Middle East and Africa Molded Case Circuit Breaker Market by Type
9.4.5.4.2 Rest of Middle East and Africa Molded Case Circuit Breaker Market by Application
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Molded Case Circuit Breaker Market Overview
9.5.2 South and Central America Molded Case Circuit Breaker Market Forecasts and Analysis
9.5.3 South and Central America Molded Case Circuit Breaker Market Forecasts and Analysis - By Type
9.5.4 South and Central America Molded Case Circuit Breaker Market Forecasts and Analysis - By Application
9.5.5 South and Central America Molded Case Circuit Breaker Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Molded Case Circuit Breaker Market
9.5.5.1.1 Brazil Molded Case Circuit Breaker Market by Type
9.5.5.1.2 Brazil Molded Case Circuit Breaker Market by Application
9.5.5.2 Argentina Molded Case Circuit Breaker Market
9.5.5.2.1 Argentina Molded Case Circuit Breaker Market by Type
9.5.5.2.2 Argentina Molded Case Circuit Breaker Market by Application
9.5.5.3 Rest of South and Central America Molded Case Circuit Breaker Market
9.5.5.3.1 Rest of South and Central America Molded Case Circuit Breaker Market by Type
9.5.5.3.2 Rest of South and Central America Molded Case Circuit Breaker Market by Application
10. INDUSTRY LANDSCAPE
10.1. MERGERS AND ACQUISITIONS
10.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
10.3. NEW PRODUCT LAUNCHES
10.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
11. MOLDED CASE CIRCUIT BREAKER MARKET, KEY COMPANY PROFILES
11.1. THE DANFOSS GROUP
11.1.1. Key Facts
11.1.2. Business Description
11.1.3. Products and Services
11.1.4. Financial Overview
11.1.5. SWOT Analysis
11.1.6. Key Developments
11.2. CHINT GROUP
11.2.1. Key Facts
11.2.2. Business Description
11.2.3. Products and Services
11.2.4. Financial Overview
11.2.5. SWOT Analysis
11.2.6. Key Developments
11.3. EATON CORPORATION PLC
11.3.1. Key Facts
11.3.2. Business Description
11.3.3. Products and Services
11.3.4. Financial Overview
11.3.5. SWOT Analysis
11.3.6. Key Developments
11.4. ABB GROUP
11.4.1. Key Facts
11.4.2. Business Description
11.4.3. Products and Services
11.4.4. Financial Overview
11.4.5. SWOT Analysis
11.4.6. Key Developments
11.5. SCHNEIDER ELECTRIC SE
11.5.1. Key Facts
11.5.2. Business Description
11.5.3. Products and Services
11.5.4. Financial Overview
11.5.5. SWOT Analysis
11.5.6. Key Developments
11.6. PANASONIC CORPORATION
11.6.1. Key Facts
11.6.2. Business Description
11.6.3. Products and Services
11.6.4. Financial Overview
11.6.5. SWOT Analysis
11.6.6. Key Developments
11.7. HAGER GROUP
11.7.1. Key Facts
11.7.2. Business Description
11.7.3. Products and Services
11.7.4. Financial Overview
11.7.5. SWOT Analysis
11.7.6. Key Developments
11.8. SIEMENS AG
11.8.1. Key Facts
11.8.2. Business Description
11.8.3. Products and Services
11.8.4. Financial Overview
11.8.5. SWOT Analysis
11.8.6. Key Developments
11.9. CARLING TECHNOLOGIES INC.
11.9.1. Key Facts
11.9.2. Business Description
11.9.3. Products and Services
11.9.4. Financial Overview
11.9.5. SWOT Analysis
11.9.6. Key Developments
11.10. MITSUBISHI ELECTRIC CORPORATION
11.10.1. Key Facts
11.10.2. Business Description
11.10.3. Products and Services
11.10.4. Financial Overview
11.10.5. SWOT Analysis
11.10.6. Key Developments
12. APPENDIX
12.1. ABOUT THE INSIGHT PARTNERS
12.2. GLOSSARY OF TERMS
The List Of Companies
- The Danfoss Group
- CHINT Group
- Eaton Corporation PLC
- ABB Group
- Schneider Electric SE
- Panasonic Corporation
- Hager Group
- Siemens AG
- Carling Technologies Inc.
- Mitsubishi Electric Corporation
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.
Get Free Sample For