The Soft Magnetic Composite Market is expected to register a CAGR of 8.1% 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 material (electrical steel, soft ferrite, and iron powder). The report is further segmented by material (electrical steel, soft serrite, and iron powder). The report is segmented by material (electrical steel, soft ferrite, and iron powder). The report scope covers five regions: North America, Europe, Asia Pacific, Middle East and Africa, and South and Central America and key countries under each region. The global analysis is further broken down at the regional level and major countries. The Report Offers the Value in USD for the above analysis and segments.
Purpose of the ReportThe report Soft Magnetic Composite 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.
Soft Magnetic Composite Market Segmentation
Material- Electrical Steel
- Soft Ferrite
- Iron Powder
- Electrical Steel
- Soft Ferrite
- Iron Powder
- Electrical Steel
- Soft Ferrite
- Iron Powder
- North America
- Europe
- Asia-Pacific
- South and Central America
- Middle East and Africa
Strategic Insights
Soft Magnetic Composite Market Growth Drivers- Global Push Toward Energy Efficiency and Sustainability: The push toward energy efficiency and sustainability all over the world forms the greatest driving impetus for the soft magnetic composite market. Energy-efficient electrical device manufacturing, like motors, transformers, and inductors, is prime to SMC materials and will continue to dominate the automotive, renewable energy, and consumer electronics sectors with a reliable, effective product. With industries' growing intent to reduce energy consumption, the market needs materials that would minimize energy loss. One of these materials happens to be SMC or soft magnetic composites, which must be able to deliver high magnetic permeability and low core loss to be used ideally in applications that offer energy efficiency.
- Rising Demand in the Electric Vehicle (EV) Market: The electric vehicle market grew dramatically over the last couple of years, which, by the way, was furthered on account of the environment suffered because of harmful carbon emissions. SMCs are gaining importance in the development of EV motors, inverters, and charging stations. These materials are utilized in producing components like an electric motor core for highly efficient performance with very low energy losses and high magnetic performance to ensure better efficiency and longer battery life. Hence, with increasing demand for EVs, more SMCs will be in demand in the sector, especially in the automobile sector, where the need for such light yet energy-efficient components is highly required.
- Advances in Manufacturing Technologies: More recently, advances in manufacturing technologies such as powder metallurgy and injection molding have produced soft magnetic composites with higher efficiency and economy. Complex shapes and geometries of high precision, so highly desired for newer applications, have also made it possible for the SMCs to be widely adopted. Another very critical factor in the increased use of SMCs is the ability to customize their material properties to suit specific end applications, especially in terms of permeability and resistivity.
- Miniaturization and Integration of Soft Magnetic Composites: An important trend in the soft magnetic composite market is one for miniaturized, integrated components. Following the changes in the direction of electronics and automotive designs toward ever smaller and more compact systems, there has been a growing demand for smaller soft magnetic composites (SMCs) that provide high-performance performance in a much-reduced footprint. This has been particularly reflected in the area of miniaturized electric motors, sensors, and actuators, where the soft-magnetic composite required has to be used due to space constraints with high power density and preservation of performance.
- Increasing Use in Renewable Energy Systems: SMCs are used much more intensively in renewable energy systems, which include the generation of wind and solar power. Hence, they are brought to the majority of the generators of wind turbines and solar systems, thus ensuring higher efficiency, reducing losses, and increasing their performance at large. With the increasing demand of the renewable energy sector, advanced materials used for optimizing energy generation and conversion have found their applications, hence considering SMCs to be a dominant technology for this shift.
- Additive Manufacturing and Customization Opportunities: In addition, more research interest has been found to focus on the integration of additive manufacturing techniques in soft magnetic composites. 3D printing will, therefore, provide greater flexibility in the design by having customized magnetic cores that would be difficult or impossible to achieve by other conventional manufacturing means. This is of great importance for various industries such as the automotive and electronics companies that constantly demand bespoke, high performance in magnetic components.
- Mass Electrification of the Automotive Industry: The mass electrification of the automotive industry is a significant opportunity for the soft magnetic composite market. As more automakers migrate toward fully electric and hybrid vehicles, there is an increasing requirement for high-performance electric motors, inverters, and many other components in which SMCs play a critical role. Higher weight and size reduction as well as higher magnetic efficiency enable automakers to increase the efficiency of EVs and to reduce the overall weight of the vehicle thus making the automobile both more agile and with improved range.
- Adoption of Automation Technologies: The increased adoption of automation technologies in the manufacturing process provides a major opportunity for the soft magnetic composite market. SMCs possess higher efficiency and power density in industrial motors and actuators. Since all these industries, aerospace and manufacturing are in the process of making automation even more ubiquitous, market demand for advanced motor systems powered by high-performance magnetic materials will also continue to grow strongly, thereby opening up fresh opportunities in the market for SMC producers.
- Rising Demand for Renewable Energy: Rising demand for renewable sources of energy requires that electrical parts be more efficient and have a longer lifespan. SMC is best suited for wind turbine generators, solar power inverters, and many other renewable energy applications. Expanding infrastructure for wind and solar power around the world provides a significant market opportunity for SMC manufacturers to supply materials that maximize energy extraction while minimizing losses in these systems.
Market Report Scope
Key Selling Points
- Comprehensive Coverage: The report comprehensively covers the analysis of products, services, types, and end users of the Soft Magnetic Composite 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 Soft Magnetic Composite Market can, therefore, help spearhead the trail of decoding and understanding the industry scenario and growth prospects. Although there can be a few valid concerns, the overall benefits of this report tend to outweigh the disadvantages.
REGIONAL FRAMEWORK
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Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
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Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
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Frequently Asked Questions
Integration with renewable energy technologies is expected to be the key market trend.
The report can be delivered in PDF/Word format, we can also share excel data sheet based on request.
On the basis of geography, the soft magnetic composite market is classified into North America, Europe, Asia Pacific, Middle East and Africa, and South and Central America
HITACHI Metals Ltd, Advanced Technology Materials Inc, Magnetic Metals Ltd, Vacuum-schmelze GmbH & Co KG, Compagnie de Saint Gobain SA, JFE Steel Corp, Toray Industries Inc, BASF SE, Carpenter Technology Corp, and Molycorp Inc
The major factors driving the soft magnetic composite market are:
1. Increased Demand for Energy-Efficient Solutions.
2.Growth in Electric Vehicle (EV) Market.
The Soft Magnetic Composite Market is estimated to witness a CAGR of 8.1% from 2023 to 2031
1.INTRODUCTION
1.1.SCOPE OF THE STUDY
1.2.THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3.MARKET SEGMENTATION
1.3.1Soft Magnetic Composite Market - By Product
1.3.2Soft Magnetic Composite Market - By Application
1.3.3Soft Magnetic Composite Market - By Region
1.3.3.1By Country
2.KEY TAKEAWAYS
3.RESEARCH METHODOLOGY
4.SOFT MAGNETIC COMPOSITE MARKET LANDSCAPE
4.1.OVERVIEW
4.2.PORTER'S FIVE FORCES ANALYSIS
4.2.1Bargaining Power of Buyers
4.2.1Bargaining Power of Suppliers
4.2.1Threat of Substitute
4.2.1Threat of New Entrants
4.2.1Competitive Rivalry
4.3.EXPERT OPINIONS
5.SOFT MAGNETIC COMPOSITE 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.SOFT MAGNETIC COMPOSITE MARKET - GLOBAL MARKET ANALYSIS
6.1.SOFT MAGNETIC COMPOSITE - GLOBAL MARKET OVERVIEW
6.2.SOFT MAGNETIC COMPOSITE - GLOBAL MARKET AND FORECAST TO 2028
6.3.MARKET POSITIONING/MARKET SHARE
7.SOFT MAGNETIC COMPOSITE MARKET - REVENUE AND FORECASTS TO 2028 - PRODUCT
7.1.OVERVIEW
7.2.PRODUCT MARKET FORECASTS AND ANALYSIS
7.3.SOFT FERRITE
7.3.1.Overview
7.3.2.Soft Ferrite Market Forecast and Analysis
7.4.ELECTRICAL STEEL
7.4.1.Overview
7.4.2.Electrical Steel Market Forecast and Analysis
8.SOFT MAGNETIC COMPOSITE MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
8.1.OVERVIEW
8.2.APPLICATION MARKET FORECASTS AND ANALYSIS
8.3.ELECTRONICS
8.3.1.Overview
8.3.2.Electronics Market Forecast and Analysis
8.4.AUTOMOTIVE
8.4.1.Overview
8.4.2.Automotive Market Forecast and Analysis
8.5.ENERGY GENERATION
8.5.1.Overview
8.5.2.Energy Generation Market Forecast and Analysis
8.6.OTHERS
8.6.1.Overview
8.6.2.Others Market Forecast and Analysis
9.SOFT MAGNETIC COMPOSITE MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1.NORTH AMERICA
9.1.1North America Soft Magnetic Composite Market Overview
9.1.2North America Soft Magnetic Composite Market Forecasts and Analysis
9.1.3North America Soft Magnetic Composite Market Forecasts and Analysis - By Product
9.1.4North America Soft Magnetic Composite Market Forecasts and Analysis - By Application
9.1.5North America Soft Magnetic Composite Market Forecasts and Analysis - By Countries
9.1.5.1United States Soft Magnetic Composite Market
9.1.5.1.1United States Soft Magnetic Composite Market by Product
9.1.5.1.2United States Soft Magnetic Composite Market by Application
9.1.5.2Canada Soft Magnetic Composite Market
9.1.5.2.1Canada Soft Magnetic Composite Market by Product
9.1.5.2.2Canada Soft Magnetic Composite Market by Application
9.1.5.3Mexico Soft Magnetic Composite Market
9.1.5.3.1Mexico Soft Magnetic Composite Market by Product
9.1.5.3.2Mexico Soft Magnetic Composite Market by Application
9.2.EUROPE
9.2.1Europe Soft Magnetic Composite Market Overview
9.2.2Europe Soft Magnetic Composite Market Forecasts and Analysis
9.2.3Europe Soft Magnetic Composite Market Forecasts and Analysis - By Product
9.2.4Europe Soft Magnetic Composite Market Forecasts and Analysis - By Application
9.2.5Europe Soft Magnetic Composite Market Forecasts and Analysis - By Countries
9.2.5.1Germany Soft Magnetic Composite Market
9.2.5.1.1Germany Soft Magnetic Composite Market by Product
9.2.5.1.2Germany Soft Magnetic Composite Market by Application
9.2.5.2France Soft Magnetic Composite Market
9.2.5.2.1France Soft Magnetic Composite Market by Product
9.2.5.2.2France Soft Magnetic Composite Market by Application
9.2.5.3Italy Soft Magnetic Composite Market
9.2.5.3.1Italy Soft Magnetic Composite Market by Product
9.2.5.3.2Italy Soft Magnetic Composite Market by Application
9.2.5.4United Kingdom Soft Magnetic Composite Market
9.2.5.4.1United Kingdom Soft Magnetic Composite Market by Product
9.2.5.4.2United Kingdom Soft Magnetic Composite Market by Application
9.2.5.5Russia Soft Magnetic Composite Market
9.2.5.5.1Russia Soft Magnetic Composite Market by Product
9.2.5.5.2Russia Soft Magnetic Composite Market by Application
9.2.5.6Rest of Europe Soft Magnetic Composite Market
9.2.5.6.1Rest of Europe Soft Magnetic Composite Market by Product
9.2.5.6.2Rest of Europe Soft Magnetic Composite Market by Application
9.3.ASIA-PACIFIC
9.3.1Asia-Pacific Soft Magnetic Composite Market Overview
9.3.2Asia-Pacific Soft Magnetic Composite Market Forecasts and Analysis
9.3.3Asia-Pacific Soft Magnetic Composite Market Forecasts and Analysis - By Product
9.3.4Asia-Pacific Soft Magnetic Composite Market Forecasts and Analysis - By Application
9.3.5Asia-Pacific Soft Magnetic Composite Market Forecasts and Analysis - By Countries
9.3.5.1Australia Soft Magnetic Composite Market
9.3.5.1.1Australia Soft Magnetic Composite Market by Product
9.3.5.1.2Australia Soft Magnetic Composite Market by Application
9.3.5.2China Soft Magnetic Composite Market
9.3.5.2.1China Soft Magnetic Composite Market by Product
9.3.5.2.2China Soft Magnetic Composite Market by Application
9.3.5.3India Soft Magnetic Composite Market
9.3.5.3.1India Soft Magnetic Composite Market by Product
9.3.5.3.2India Soft Magnetic Composite Market by Application
9.3.5.4Japan Soft Magnetic Composite Market
9.3.5.4.1Japan Soft Magnetic Composite Market by Product
9.3.5.4.2Japan Soft Magnetic Composite Market by Application
9.3.5.5South Korea Soft Magnetic Composite Market
9.3.5.5.1South Korea Soft Magnetic Composite Market by Product
9.3.5.5.2South Korea Soft Magnetic Composite Market by Application
9.3.5.6Rest of Asia-Pacific Soft Magnetic Composite Market
9.3.5.6.1Rest of Asia-Pacific Soft Magnetic Composite Market by Product
9.3.5.6.2Rest of Asia-Pacific Soft Magnetic Composite Market by Application
9.4.MIDDLE EAST AND AFRICA
9.4.1Middle East and Africa Soft Magnetic Composite Market Overview
9.4.2Middle East and Africa Soft Magnetic Composite Market Forecasts and Analysis
9.4.3Middle East and Africa Soft Magnetic Composite Market Forecasts and Analysis - By Product
9.4.4Middle East and Africa Soft Magnetic Composite Market Forecasts and Analysis - By Application
9.4.5Middle East and Africa Soft Magnetic Composite Market Forecasts and Analysis - By Countries
9.4.5.1South Africa Soft Magnetic Composite Market
9.4.5.1.1South Africa Soft Magnetic Composite Market by Product
9.4.5.1.2South Africa Soft Magnetic Composite Market by Application
9.4.5.2Saudi Arabia Soft Magnetic Composite Market
9.4.5.2.1Saudi Arabia Soft Magnetic Composite Market by Product
9.4.5.2.2Saudi Arabia Soft Magnetic Composite Market by Application
9.4.5.3U.A.E Soft Magnetic Composite Market
9.4.5.3.1U.A.E Soft Magnetic Composite Market by Product
9.4.5.3.2U.A.E Soft Magnetic Composite Market by Application
9.4.5.4Rest of Middle East and Africa Soft Magnetic Composite Market
9.4.5.4.1Rest of Middle East and Africa Soft Magnetic Composite Market by Product
9.4.5.4.2Rest of Middle East and Africa Soft Magnetic Composite Market by Application
9.5.SOUTH AND CENTRAL AMERICA
9.5.1South and Central America Soft Magnetic Composite Market Overview
9.5.2South and Central America Soft Magnetic Composite Market Forecasts and Analysis
9.5.3South and Central America Soft Magnetic Composite Market Forecasts and Analysis - By Product
9.5.4South and Central America Soft Magnetic Composite Market Forecasts and Analysis - By Application
9.5.5South and Central America Soft Magnetic Composite Market Forecasts and Analysis - By Countries
9.5.5.1Brazil Soft Magnetic Composite Market
9.5.5.1.1Brazil Soft Magnetic Composite Market by Product
9.5.5.1.2Brazil Soft Magnetic Composite Market by Application
9.5.5.2Argentina Soft Magnetic Composite Market
9.5.5.2.1Argentina Soft Magnetic Composite Market by Product
9.5.5.2.2Argentina Soft Magnetic Composite Market by Application
9.5.5.3Rest of South and Central America Soft Magnetic Composite Market
9.5.5.3.1Rest of South and Central America Soft Magnetic Composite Market by Product
9.5.5.3.2Rest of South and Central America Soft Magnetic Composite 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.SOFT MAGNETIC COMPOSITE MARKET, KEY COMPANY PROFILES
11.1.AMES
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.DEXTER MAGNETICS
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.ELNA MAGNETICS
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.GKN SINTER METALS
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.HITACHI METALS LTD
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.HöGANäS AB
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.MMG CANADA LIMITED
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.PMG HOLDING GMBH
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.RIO TINTO
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.STEWARD ADVANCED MATERIALS INC.
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
1. AMES
2. Dexter Magnetics
3. Elna Magnetics
4. GKN Sinter Metals
5. Hitachi Metals Ltd
6. Hgans AB
7. MMG Canada Limited
8. PMG Holding GmbH
9. Rio Tinto
10. Steward Advanced Materials Inc.
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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