Motion Controller Market Regional Share, Size, Trends, and Forecast by 2031

Coverage: Motion Controller Market covers analysis by Type (Open Loop, Closed Loop); Component (Controller, Actuators and Mechanical Systems, Motors, Others); Application (Material Handling, Packaging, Inspection, Others) , and Geography (North America, Europe, Asia Pacific, and South and Central America)

  • Report Code : TIPRE00008419
  • Category : Electronics and Semiconductor
  • No. of Pages : 150
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The Motion Controller Market is expected to register a CAGR of 4.6% from 2025 to 2031, with a market size expanding from US$ XX million in 2024 to US$ XX Million by 2031.

The report is segmented by Type (Open Loop, Closed Loop); Component (Controller, Actuators and Mechanical Systems, Motors, Others); Application (Material Handling, Packaging, Inspection, Others). The global analysis is further broken-down at regional level and major countries. The Report Offers the Value in USD for the above analysis and segments.

Purpose of the Report

The report Motion Controller Market by The Insight Partners aims to describe the present landscape and future growth, top driving factors, challenges, and opportunities. This will provide insights to various business stakeholders, such as:

  • Technology Providers/Manufacturers: To understand the evolving market dynamics and know the potential growth opportunities, enabling them to make informed strategic decisions.
  • Investors: To conduct a comprehensive trend analysis regarding the market growth rate, market financial projections, and opportunities that exist across the value chain.
  • Regulatory bodies: To regulate policies and police activities in the market with the aim of minimizing abuse, preserving investor trust and confidence, and upholding the integrity and stability of the market.

Motion Controller Market Segmentation

Type
  • Open Loop
  • Closed Loop
Component
  • Controller
  • Actuators and Mechanical Systems
  • Motors
  • Others
Application
  • Material Handling
  • Packaging
  • Inspection
  • Others
Geography
  • North America
  • Europe
  • Asia-Pacific
  • South and Central America
  • Middle East and Africa

Strategic Insights

Motion Controller Market Growth Drivers
  • Growth in Industrial Automation: The demand for motion controllers is increasing at a very rapid rate in the industries of manufacturing, robotics, automotive, and consumer electronics. Automation in such sectors requires accurate motion control, to which motion controllers cater. These controllers help improve operational efficiency, reduce possibilities of human error, and increase both production speed and flexibility. The overall productivity in manufacturing settings increases, and the cost reduces with automated systems that integrate motion controllers. They have the ability to carry out complex operations with elevated accuracy.
  • Rise of Robotics and Smart Manufacturing: The robotics sector is a vital driver for the motion controller market. Industrial robots, such as assembly line robots and warehouse robots, perform repetitive functions that are possible only through the control system. In the smart factory space, motion controllers are integrated with Internet of Things-based devices to improve production. This integration enhances real-time monitoring, accuracy, and fast changes in manufacturing systems, amplifying efficiency further.
Motion Controller Market Future Trends
  • IoT-Enabled Motion Controllers: Widespread deployment of IoT devices will make motion control systems a revolutionary quantity in themselves. The device will be able to allow more integrated devices sharing data and giving real-time interaction with the equipment, thus enhancing the monitoring, performance optimization, and predictive maintenance of activities. The aspect of remote control and performance tracking will also be streamlined, and therefore the flexibility and adaptability of motion control systems across industries are enhanced.
  • Focus on Energy Efficiency: There is a growing emphasis on energy-efficient motion control solutions as industries seek to reduce operational costs and minimize environmental impact. Motion controllers that optimize energy consumption while maintaining performance are becoming increasingly important. This trend reflects a broader commitment to sustainability and resource efficiency in manufacturing and industrial processes.
Motion Controller Market Opportunities
  • Growth of Electric and Autonomous Vehicles: Electric and autonomous vehicles present a significant opportunity for motion controllers. Such automobiles need high-precision motion control systems for steering, braking, and powertrain parts, among other important applications. Autonomous vehicles, in particular, require advanced motion control technology to ensure safe movement through complex environments with precise movements. This will be called upon as the automobile industry transitions to electric and self-driving automobiles.
  • Development of Collaborative Robots (Cobots): Cobots are increasingly being used in a variety of industries because they work side by side with humans in common operating spaces. They rely heavily on motion controllers to enable safe and efficient interactions with their human operators. Cobots are increasingly finding applications in industries like healthcare, logistics, and electronics where motion must be accurate and responsive. As cobots are gaining acceptance, manufacturers of motion controllers can develop niche solutions for these applications based on the new needs for cobots.

Market Report Scope

Key Selling Points

  • Comprehensive Coverage: The report comprehensively covers the analysis of products, services, types, and end users of the Motion Controller Market, providing a holistic landscape.
  • Expert Analysis: The report is compiled based on the in-depth understanding of industry experts and analysts.
  • Up-to-date Information: The report assures business relevance due to its coverage of recent information and data trends.
  • Customization Options: This report can be customized to cater to specific client requirements and suit the business strategies aptly.

The research report on the Motion Controller Market can, therefore, help spearhead the trail of decoding and understanding the industry scenario and growth prospects. Although there can be a few valid concerns, the overall benefits of this report tend to outweigh the disadvantages.

REGIONAL FRAMEWORK
World Geography

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Report Coverage
Report Coverage

Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends

Segment Covered
Segment Covered

This text is related
to segments covered.

Regional Scope
Regional Scope

North America, Europe, Asia Pacific, Middle East & Africa, South & Central America

Country Scope
Country Scope

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to country scope.

Frequently Asked Questions


What are the options available for the customization of this report?

Some of the customization options available based on the request are an additional 3-5 company profiles and country-specific analysis of 3-5 countries of your choice. Customizations are to be requested/discussed before making final order confirmation as our team would review the same and check the feasibility

What are the deliverable formats of the motion controller market report?

The report can be delivered in PDF/PPT format; we can also share excel dataset based on the request

What are the future trends of the motion controller market?

IoT-Enabled Motion Controllers is anticipated to play a significant role in the global motion controller market in the coming years

What are the driving factors impacting the motion controller market?

The major factors driving the motion controller market are:

1. Industrial Automation

2. Rise of Robotics and Smart Manufacturing

What is the expected CAGR of the motion controller market?

The Motion Controller Market is estimated to witness a CAGR of 4.6% from 2023 to 2031

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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 Motion Controller Market - By Type
1.3.2 Motion Controller Market - By Component
1.3.3 Motion Controller Market - By Application
1.3.4 Motion Controller Market - By Region
1.3.4.1 By Country

2. KEY TAKEWAYS

3. RESEARCH METHODOLOGY

4. MOTION CONTROLLER MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PEST ANALYSIS
4.2.1 North America - Pest Analysis
4.2.2 Europe - Pest Analysis
4.2.3 Asia-Pacific - Pest Analysis
4.2.4 Middle East and Africa - Pest Analysis
4.2.5 South and Central America - Pest Analysis
4.3. ECOSYSTEM ANALYSIS
4.4. EXPERT OPINIONS

5. MOTION CONTROLLER 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, RESTRAINTS & EXPECTED INFLUENCE OF COVID-19 PANDEMIC

6. MOTION CONTROLLER MARKET - GLOBAL MARKET ANALYSIS
6.1. MOTION CONTROLLER - GLOBAL MARKET OVERVIEW
6.2. MOTION CONTROLLER - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE

7. MOTION CONTROLLER MARKET - REVENUE AND FORECASTS TO 2028 - TYPE
7.1. OVERVIEW
7.2. TYPE MARKET FORECASTS AND ANALYSIS
7.3. OPEN LOOP
7.3.1. Overview
7.3.2. Open Loop Market Forecast and Analysis
7.4. CLOSED LOOP
7.4.1. Overview
7.4.2. Closed Loop Market Forecast and Analysis
8. MOTION CONTROLLER MARKET - REVENUE AND FORECASTS TO 2028 - COMPONENT
8.1. OVERVIEW
8.2. COMPONENT MARKET FORECASTS AND ANALYSIS
8.3. CONTROLLER
8.3.1. Overview
8.3.2. Controller Market Forecast and Analysis
8.4. ACTUATORS AND MECHANICAL SYSTEMS
8.4.1. Overview
8.4.2. Actuators and Mechanical Systems Market Forecast and Analysis
8.5. MOTORS
8.5.1. Overview
8.5.2. Motors Market Forecast and Analysis
8.6. OTHERS
8.6.1. Overview
8.6.2. Others Market Forecast and Analysis
9. MOTION CONTROLLER MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
9.1. OVERVIEW
9.2. APPLICATION MARKET FORECASTS AND ANALYSIS
9.3. MATERIAL HANDLING
9.3.1. Overview
9.3.2. Material Handling Market Forecast and Analysis
9.4. PACKAGING
9.4.1. Overview
9.4.2. Packaging Market Forecast and Analysis
9.5. INSPECTION
9.5.1. Overview
9.5.2. Inspection Market Forecast and Analysis
9.6. OTHERS
9.6.1. Overview
9.6.2. Others Market Forecast and Analysis

10. MOTION CONTROLLER MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
10.1. NORTH AMERICA
10.1.1 North America Motion Controller Market Overview
10.1.2 North America Motion Controller Market Forecasts and Analysis
10.1.3 North America Motion Controller Market Forecasts and Analysis - By Type
10.1.4 North America Motion Controller Market Forecasts and Analysis - By Component
10.1.5 North America Motion Controller Market Forecasts and Analysis - By Application
10.1.6 North America Motion Controller Market Forecasts and Analysis - By Countries
10.1.6.1 United States Motion Controller Market
10.1.6.1.1 United States Motion Controller Market by Type
10.1.6.1.2 United States Motion Controller Market by Component
10.1.6.1.3 United States Motion Controller Market by Application
10.1.6.2 Canada Motion Controller Market
10.1.6.2.1 Canada Motion Controller Market by Type
10.1.6.2.2 Canada Motion Controller Market by Component
10.1.6.2.3 Canada Motion Controller Market by Application
10.1.6.3 Mexico Motion Controller Market
10.1.6.3.1 Mexico Motion Controller Market by Type
10.1.6.3.2 Mexico Motion Controller Market by Component
10.1.6.3.3 Mexico Motion Controller Market by Application
10.2. EUROPE
10.2.1 Europe Motion Controller Market Overview
10.2.2 Europe Motion Controller Market Forecasts and Analysis
10.2.3 Europe Motion Controller Market Forecasts and Analysis - By Type
10.2.4 Europe Motion Controller Market Forecasts and Analysis - By Component
10.2.5 Europe Motion Controller Market Forecasts and Analysis - By Application
10.2.6 Europe Motion Controller Market Forecasts and Analysis - By Countries
10.2.6.1 Germany Motion Controller Market
10.2.6.1.1 Germany Motion Controller Market by Type
10.2.6.1.2 Germany Motion Controller Market by Component
10.2.6.1.3 Germany Motion Controller Market by Application
10.2.6.2 France Motion Controller Market
10.2.6.2.1 France Motion Controller Market by Type
10.2.6.2.2 France Motion Controller Market by Component
10.2.6.2.3 France Motion Controller Market by Application
10.2.6.3 Italy Motion Controller Market
10.2.6.3.1 Italy Motion Controller Market by Type
10.2.6.3.2 Italy Motion Controller Market by Component
10.2.6.3.3 Italy Motion Controller Market by Application
10.2.6.4 United Kingdom Motion Controller Market
10.2.6.4.1 United Kingdom Motion Controller Market by Type
10.2.6.4.2 United Kingdom Motion Controller Market by Component
10.2.6.4.3 United Kingdom Motion Controller Market by Application
10.2.6.5 Russia Motion Controller Market
10.2.6.5.1 Russia Motion Controller Market by Type
10.2.6.5.2 Russia Motion Controller Market by Component
10.2.6.5.3 Russia Motion Controller Market by Application
10.2.6.6 Rest of Europe Motion Controller Market
10.2.6.6.1 Rest of Europe Motion Controller Market by Type
10.2.6.6.2 Rest of Europe Motion Controller Market by Component
10.2.6.6.3 Rest of Europe Motion Controller Market by Application
10.3. ASIA-PACIFIC
10.3.1 Asia-Pacific Motion Controller Market Overview
10.3.2 Asia-Pacific Motion Controller Market Forecasts and Analysis
10.3.3 Asia-Pacific Motion Controller Market Forecasts and Analysis - By Type
10.3.4 Asia-Pacific Motion Controller Market Forecasts and Analysis - By Component
10.3.5 Asia-Pacific Motion Controller Market Forecasts and Analysis - By Application
10.3.6 Asia-Pacific Motion Controller Market Forecasts and Analysis - By Countries
10.3.6.1 Australia Motion Controller Market
10.3.6.1.1 Australia Motion Controller Market by Type
10.3.6.1.2 Australia Motion Controller Market by Component
10.3.6.1.3 Australia Motion Controller Market by Application
10.3.6.2 China Motion Controller Market
10.3.6.2.1 China Motion Controller Market by Type
10.3.6.2.2 China Motion Controller Market by Component
10.3.6.2.3 China Motion Controller Market by Application
10.3.6.3 India Motion Controller Market
10.3.6.3.1 India Motion Controller Market by Type
10.3.6.3.2 India Motion Controller Market by Component
10.3.6.3.3 India Motion Controller Market by Application
10.3.6.4 Japan Motion Controller Market
10.3.6.4.1 Japan Motion Controller Market by Type
10.3.6.4.2 Japan Motion Controller Market by Component
10.3.6.4.3 Japan Motion Controller Market by Application
10.3.6.5 South Korea Motion Controller Market
10.3.6.5.1 South Korea Motion Controller Market by Type
10.3.6.5.2 South Korea Motion Controller Market by Component
10.3.6.5.3 South Korea Motion Controller Market by Application
10.3.6.6 Rest of Asia-Pacific Motion Controller Market
10.3.6.6.1 Rest of Asia-Pacific Motion Controller Market by Type
10.3.6.6.2 Rest of Asia-Pacific Motion Controller Market by Component
10.3.6.6.3 Rest of Asia-Pacific Motion Controller Market by Application
10.4. MIDDLE EAST AND AFRICA
10.4.1 Middle East and Africa Motion Controller Market Overview
10.4.2 Middle East and Africa Motion Controller Market Forecasts and Analysis
10.4.3 Middle East and Africa Motion Controller Market Forecasts and Analysis - By Type
10.4.4 Middle East and Africa Motion Controller Market Forecasts and Analysis - By Component
10.4.5 Middle East and Africa Motion Controller Market Forecasts and Analysis - By Application
10.4.6 Middle East and Africa Motion Controller Market Forecasts and Analysis - By Countries
10.4.6.1 South Africa Motion Controller Market
10.4.6.1.1 South Africa Motion Controller Market by Type
10.4.6.1.2 South Africa Motion Controller Market by Component
10.4.6.1.3 South Africa Motion Controller Market by Application
10.4.6.2 Saudi Arabia Motion Controller Market
10.4.6.2.1 Saudi Arabia Motion Controller Market by Type
10.4.6.2.2 Saudi Arabia Motion Controller Market by Component
10.4.6.2.3 Saudi Arabia Motion Controller Market by Application
10.4.6.3 U.A.E Motion Controller Market
10.4.6.3.1 U.A.E Motion Controller Market by Type
10.4.6.3.2 U.A.E Motion Controller Market by Component
10.4.6.3.3 U.A.E Motion Controller Market by Application
10.4.6.4 Rest of Middle East and Africa Motion Controller Market
10.4.6.4.1 Rest of Middle East and Africa Motion Controller Market by Type
10.4.6.4.2 Rest of Middle East and Africa Motion Controller Market by Component
10.4.6.4.3 Rest of Middle East and Africa Motion Controller Market by Application
10.5. SOUTH AND CENTRAL AMERICA
10.5.1 South and Central America Motion Controller Market Overview
10.5.2 South and Central America Motion Controller Market Forecasts and Analysis
10.5.3 South and Central America Motion Controller Market Forecasts and Analysis - By Type
10.5.4 South and Central America Motion Controller Market Forecasts and Analysis - By Component
10.5.5 South and Central America Motion Controller Market Forecasts and Analysis - By Application
10.5.6 South and Central America Motion Controller Market Forecasts and Analysis - By Countries
10.5.6.1 Brazil Motion Controller Market
10.5.6.1.1 Brazil Motion Controller Market by Type
10.5.6.1.2 Brazil Motion Controller Market by Component
10.5.6.1.3 Brazil Motion Controller Market by Application
10.5.6.2 Argentina Motion Controller Market
10.5.6.2.1 Argentina Motion Controller Market by Type
10.5.6.2.2 Argentina Motion Controller Market by Component
10.5.6.2.3 Argentina Motion Controller Market by Application
10.5.6.3 Rest of South and Central America Motion Controller Market
10.5.6.3.1 Rest of South and Central America Motion Controller Market by Type
10.5.6.3.2 Rest of South and Central America Motion Controller Market by Component
10.5.6.3.3 Rest of South and Central America Motion Controller 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. MOTION CONTROLLER MARKET, KEY COMPANY PROFILES
12.1. ABB GROUP
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. EMERSON ELECTRIC CO.
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. ESTUN AUTOMATION CO. LTD.
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. MOTION CONTROL PRODUCTS LIMITED
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. NEWPORT 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. PARKER HANNIFIN 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. ROCKWELL AUTOMATION INC.
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. SCHNEIDER ELECTRIC
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. SIEMENS AG
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. STMICROELECTRONICS
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

1. ABB Group
2. Emerson Electric Co.
3. Estun Automation Co. Ltd.
4. Motion Control Products Limited
5. Newport Corporation
6. Parker Hannifin Corporation
7. Rockwell Automation Inc.
8. Schneider Electric
9. Siemens AG
10. STMicroelectronics

The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.

  1. 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.

  1. 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:

Research Methodology

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.

  1. 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.

  1. 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.

Your data will never be shared with third parties, however, we may send you information from time to time about our products that may be of interest to you. By submitting your details, you agree to be contacted by us. You may contact us at any time to opt-out.

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