48 Volt Battery System Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

Coverage: 48 Volt Battery System Market covers analysis By Component (48-volt Lithium Ion Battery, Battery Controller, DC-DC converter, Combined starter-generator, Others); Vehicle Type (Passenger Vehicle, Light Commercial Vehicle) , and Geography (North America, Europe, Asia Pacific, and South and Central America)

  • Report Code : TIPRE00010253
  • Category : Automotive and Transportation
  • Status : Upcoming
  • No. of Pages : 150
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MARKET OVERVIEW

The 48-volt battery system includes a 48-volt lithium-ion battery, battery controller, AC/DC inverter, and power distribution box. The 48-volt battery system offers four-times the power of a 12-volt battery. The 48-volt battery system has been extensively adopted in mild hybrid vehicles and is possible to be adopted by luxury vehicles during the forecast period in order to increase the performance and efficiency of vehicles.

MARKET SCOPE

The "Global 48 Volt Battery System Market Analysis to 2028" is a specialized and in-depth study of the 48 volt battery system market with a special focus on the global market trend analysis. The report aims to provide an overview of 48 volt battery system market with detailed market segmentation by component, vehicle type. The report provides key statistics on the market status of the leading 48 volt battery system market players and offers key trends and opportunities in the 48 volt battery system market.

MARKET SEGMENTATION

  •   The global 48 volt battery system market is segmented on the basis of component, vehicle type.
  •   On the basis of component, the market is segmented as AC/DC inverter, 48-volt lithium ion battery, battery controller, power distribution box.
  •   On the basis of vehicle type, the market is segmented as passenger vehicle, light commercial vehicle, heavy commercial vehicle.

MARKET DYNAMICS
Drivers:

  •   Stringent emission regulations
  •   High cost-effective as compared to conventional battery
  •   Quickly charged and lasts long

Restraints:

  •   The high cost of implementation

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The 48 volt battery system 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 48 volt battery system market in these regions.

IMPACT OF COVID-19 ON 48 VOLT BATTERY SYSTEM MARKET

COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Few companies have already announced possible delays in product deliveries and slump in future sales of their products. In addition to this, the global travel bans imposed by countries in Europe, Asia-Pacific, and North America are affecting the business collaborations and partnerships opportunities.

World Geography

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MARKET PLAYERS


The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The 48 volt battery system 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 48 volt battery system market in these regions.

IMPACT OF COVID-19 ON 48 VOLT BATTERY SYSTEM MARKET

COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Few companies have already announced possible delays in product deliveries and slump in future sales of their products. In addition to this, the global travel bans imposed by countries in Europe, Asia-Pacific, and North America are affecting the business collaborations and partnerships opportunities.

MARKET PLAYERS

The report covers key developments in the 48 volt battery system 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 48 volt battery system market market are anticipated to lucrative growth opportunities in the future with the rising demand for 48 volt battery system market in the global market.

The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the 48 volt battery system 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.

  •   A123 Systems LLC
  •   Delphi Technologies
  •   East Penn Manufacturing Company
  •   EnerSys
  •   FURUKAWA ELECTRIC CO., LTD
  •   GS Yuasa International Ltd.
  •   Hitachi, Ltd.
  •   Johnson Controls.
  •   Robert Bosch GmbH
  •   Valeo
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
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

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 48 Volt Battery System Market - By Component
1.3.2 48 Volt Battery System Market - By Vehicle Type
1.3.3 48 Volt Battery System Market - By Region
1.3.3.1 By Country

2. KEY TAKEAWAYS

3. RESEARCH METHODOLOGY

4. 48 VOLT BATTERY SYSTEM MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PORTER'S FIVE FORCES ANALYSIS
4.2.1 Bargaining Power of Buyers
4.2.1 Bargaining Power of Suppliers
4.2.1 Threat of Substitute
4.2.1 Threat of New Entrants
4.2.1 Competitive Rivalry
4.3. ECOSYSTEM ANALYSIS
4.4. EXPERT OPINIONS

5. 48 VOLT BATTERY SYSTEM 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. 48 VOLT BATTERY SYSTEM MARKET - GLOBAL MARKET ANALYSIS
6.1. 48 VOLT BATTERY SYSTEM - GLOBAL MARKET OVERVIEW
6.2. 48 VOLT BATTERY SYSTEM - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE

7. 48 VOLT BATTERY SYSTEM MARKET - REVENUE AND FORECASTS TO 2028 - COMPONENT
7.1. OVERVIEW
7.2. COMPONENT MARKET FORECASTS AND ANALYSIS
7.3. 48-VOLT LITHIUM ION BATTERY
7.3.1. Overview
7.3.2. 48-volt Lithium Ion Battery Market Forecast and Analysis
7.4. BATTERY CONTROLLER
7.4.1. Overview
7.4.2. Battery Controller Market Forecast and Analysis
7.5. DC-DC CONVERTER
7.5.1. Overview
7.5.2. DC-DC converter Market Forecast and Analysis
7.6. COMBINED STARTER-GENERATOR
7.6.1. Overview
7.6.2. Combined starter-generator Market Forecast and Analysis
7.7. OTHERS
7.7.1. Overview
7.7.2. Others Market Forecast and Analysis
8. 48 VOLT BATTERY SYSTEM MARKET - REVENUE AND FORECASTS TO 2028 - VEHICLE TYPE
8.1. OVERVIEW
8.2. VEHICLE TYPE MARKET FORECASTS AND ANALYSIS
8.3. PASSENGER VEHICLE
8.3.1. Overview
8.3.2. Passenger Vehicle Market Forecast and Analysis
8.4. LIGHT COMMERCIAL VEHICLE
8.4.1. Overview
8.4.2. Light Commercial Vehicle Market Forecast and Analysis

9. 48 VOLT BATTERY SYSTEM MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America 48 Volt Battery System Market Overview
9.1.2 North America 48 Volt Battery System Market Forecasts and Analysis
9.1.3 North America 48 Volt Battery System Market Forecasts and Analysis - By Component
9.1.4 North America 48 Volt Battery System Market Forecasts and Analysis - By Vehicle Type
9.1.5 North America 48 Volt Battery System Market Forecasts and Analysis - By Countries
9.1.5.1 United States 48 Volt Battery System Market
9.1.5.1.1 United States 48 Volt Battery System Market by Component
9.1.5.1.2 United States 48 Volt Battery System Market by Vehicle Type
9.1.5.2 Canada 48 Volt Battery System Market
9.1.5.2.1 Canada 48 Volt Battery System Market by Component
9.1.5.2.2 Canada 48 Volt Battery System Market by Vehicle Type
9.1.5.3 Mexico 48 Volt Battery System Market
9.1.5.3.1 Mexico 48 Volt Battery System Market by Component
9.1.5.3.2 Mexico 48 Volt Battery System Market by Vehicle Type
9.2. EUROPE
9.2.1 Europe 48 Volt Battery System Market Overview
9.2.2 Europe 48 Volt Battery System Market Forecasts and Analysis
9.2.3 Europe 48 Volt Battery System Market Forecasts and Analysis - By Component
9.2.4 Europe 48 Volt Battery System Market Forecasts and Analysis - By Vehicle Type
9.2.5 Europe 48 Volt Battery System Market Forecasts and Analysis - By Countries
9.2.5.1 Germany 48 Volt Battery System Market
9.2.5.1.1 Germany 48 Volt Battery System Market by Component
9.2.5.1.2 Germany 48 Volt Battery System Market by Vehicle Type
9.2.5.2 France 48 Volt Battery System Market
9.2.5.2.1 France 48 Volt Battery System Market by Component
9.2.5.2.2 France 48 Volt Battery System Market by Vehicle Type
9.2.5.3 Italy 48 Volt Battery System Market
9.2.5.3.1 Italy 48 Volt Battery System Market by Component
9.2.5.3.2 Italy 48 Volt Battery System Market by Vehicle Type
9.2.5.4 United Kingdom 48 Volt Battery System Market
9.2.5.4.1 United Kingdom 48 Volt Battery System Market by Component
9.2.5.4.2 United Kingdom 48 Volt Battery System Market by Vehicle Type
9.2.5.5 Russia 48 Volt Battery System Market
9.2.5.5.1 Russia 48 Volt Battery System Market by Component
9.2.5.5.2 Russia 48 Volt Battery System Market by Vehicle Type
9.2.5.6 Rest of Europe 48 Volt Battery System Market
9.2.5.6.1 Rest of Europe 48 Volt Battery System Market by Component
9.2.5.6.2 Rest of Europe 48 Volt Battery System Market by Vehicle Type
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific 48 Volt Battery System Market Overview
9.3.2 Asia-Pacific 48 Volt Battery System Market Forecasts and Analysis
9.3.3 Asia-Pacific 48 Volt Battery System Market Forecasts and Analysis - By Component
9.3.4 Asia-Pacific 48 Volt Battery System Market Forecasts and Analysis - By Vehicle Type
9.3.5 Asia-Pacific 48 Volt Battery System Market Forecasts and Analysis - By Countries
9.3.5.1 Australia 48 Volt Battery System Market
9.3.5.1.1 Australia 48 Volt Battery System Market by Component
9.3.5.1.2 Australia 48 Volt Battery System Market by Vehicle Type
9.3.5.2 China 48 Volt Battery System Market
9.3.5.2.1 China 48 Volt Battery System Market by Component
9.3.5.2.2 China 48 Volt Battery System Market by Vehicle Type
9.3.5.3 India 48 Volt Battery System Market
9.3.5.3.1 India 48 Volt Battery System Market by Component
9.3.5.3.2 India 48 Volt Battery System Market by Vehicle Type
9.3.5.4 Japan 48 Volt Battery System Market
9.3.5.4.1 Japan 48 Volt Battery System Market by Component
9.3.5.4.2 Japan 48 Volt Battery System Market by Vehicle Type
9.3.5.5 South Korea 48 Volt Battery System Market
9.3.5.5.1 South Korea 48 Volt Battery System Market by Component
9.3.5.5.2 South Korea 48 Volt Battery System Market by Vehicle Type
9.3.5.6 Rest of Asia-Pacific 48 Volt Battery System Market
9.3.5.6.1 Rest of Asia-Pacific 48 Volt Battery System Market by Component
9.3.5.6.2 Rest of Asia-Pacific 48 Volt Battery System Market by Vehicle Type
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa 48 Volt Battery System Market Overview
9.4.2 Middle East and Africa 48 Volt Battery System Market Forecasts and Analysis
9.4.3 Middle East and Africa 48 Volt Battery System Market Forecasts and Analysis - By Component
9.4.4 Middle East and Africa 48 Volt Battery System Market Forecasts and Analysis - By Vehicle Type
9.4.5 Middle East and Africa 48 Volt Battery System Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa 48 Volt Battery System Market
9.4.5.1.1 South Africa 48 Volt Battery System Market by Component
9.4.5.1.2 South Africa 48 Volt Battery System Market by Vehicle Type
9.4.5.2 Saudi Arabia 48 Volt Battery System Market
9.4.5.2.1 Saudi Arabia 48 Volt Battery System Market by Component
9.4.5.2.2 Saudi Arabia 48 Volt Battery System Market by Vehicle Type
9.4.5.3 U.A.E 48 Volt Battery System Market
9.4.5.3.1 U.A.E 48 Volt Battery System Market by Component
9.4.5.3.2 U.A.E 48 Volt Battery System Market by Vehicle Type
9.4.5.4 Rest of Middle East and Africa 48 Volt Battery System Market
9.4.5.4.1 Rest of Middle East and Africa 48 Volt Battery System Market by Component
9.4.5.4.2 Rest of Middle East and Africa 48 Volt Battery System Market by Vehicle Type
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America 48 Volt Battery System Market Overview
9.5.2 South and Central America 48 Volt Battery System Market Forecasts and Analysis
9.5.3 South and Central America 48 Volt Battery System Market Forecasts and Analysis - By Component
9.5.4 South and Central America 48 Volt Battery System Market Forecasts and Analysis - By Vehicle Type
9.5.5 South and Central America 48 Volt Battery System Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil 48 Volt Battery System Market
9.5.5.1.1 Brazil 48 Volt Battery System Market by Component
9.5.5.1.2 Brazil 48 Volt Battery System Market by Vehicle Type
9.5.5.2 Argentina 48 Volt Battery System Market
9.5.5.2.1 Argentina 48 Volt Battery System Market by Component
9.5.5.2.2 Argentina 48 Volt Battery System Market by Vehicle Type
9.5.5.3 Rest of South and Central America 48 Volt Battery System Market
9.5.5.3.1 Rest of South and Central America 48 Volt Battery System Market by Component
9.5.5.3.2 Rest of South and Central America 48 Volt Battery System Market by Vehicle Type

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. 48 VOLT BATTERY SYSTEM MARKET, KEY COMPANY PROFILES
11.1. A123 SYSTEMS LLC
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. DELPHI TECHNOLOGIES
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. VITESCO
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. ENERSYS
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. FURUKAWA ELECTRIC CO., 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. GS YUASA INTERNATIONAL LTD.
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. HITACHI, LTD.
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. JOHNSON CONTROLS.
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. ROBERT BOSCH GMBH
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. VALEO
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

1.A123 Systems LLC
2.Delphi Technologies
3.Vitesco
4.EnerSys
5.FURUKAWA ELECTRIC CO., LTD
6.GS Yuasa International Ltd.
7.Hitachi, Ltd.
8.Johnson Controls.
9.Robert Bosch GmbH
10.Valeo

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.

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