Asia Pacific Automotive Sensors Market 2027 By Type, Application, Vehicle Type

Asia Pacific Automotive Sensors Market to 2027 - Regional Analysis and Forecasts by Type (LED, Image Sensors, Position Sensors, Temperature Sensors, Pressure Sensors, MEMS, Others); Application (Chassis, Safety & Security, Body Electronics, Powertrain, ADAS, Others); Vehicle Type (LCV, HCV, Passenger Car)

  • Report Code : TIPRE00005046
  • Category : Automotive and Transportation
  • Status : Published
  • No. of Pages : 177
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The Asia Pacific automotive sensors market accounted for US$ 4.03 Bn in 2018 and is expected to grow at a CAGR of 10.1% over the forecast period 2019-2027, to account for US$ 9.52 Bn in 2027.

The automotive industry is constantly facing pressures to integrate their vehicles with advanced electronics and semiconductor components to enhance the performance of the vehicles. The rising drift of electrification of vehicles is a significant factor in boosting the sensors market in the automotive industry. Attributing to this, the automobile manufacturers are increasingly partnering with sensors manufacturers to meet the demands of their customers. For instance, in January 2018, Audi AG partnered with ON Semiconductor, to foster On Semiconductor's innovations and integrate their semiconductors on their newer models, thereby satisfying constantly changing expectations of the consumers in terms of safety, reliability, and performance. Similarly, On Semiconductor has been chosen by Mercedes EQ Formula E Team to develop next-gen electric power for enhancing efficiency and performance. The primary catalyst for the growth of semiconductors in the automotive industry is attributed to the continued partnerships between automotive manufacturers and semiconductor manufacturers.

The automakers are observing substantial demand for smart devices in their vehicles. This has led the automobile manufacturers to continuously focus on innovating, designing, and developing connected cars which have already attracted a fair percentage of customers in major automotive manufacturing countries. Pertaining to the consumers' demand and attraction toward connected cars, semiconductors are expected to become an integral part of the innovations in the automotive industry in the coming years. The growth trajectory of connected cars is largely anticipated to depend upon several parameters such as technological improvements, consumer preference to adopt connected cars, pricing as well as the ability of the suppliers and OEMs to address the critical concerns related to the safety of the vehicles. Attributing to these parameters, both the industry players, i.e., automotive and sensors industry are continually focusing on improving technologies, negotiating prices of raw materials, and finally integrating the cars with robust technologies.

China is anticipated to lead the Asia Pacific automotive sensors market across the Asia Pacific region through the forecast period. China is an important automobile market in the Asia Pacific. Further, the country occupies the lion's share in the Asia Pacific automotive sensors market. This is attributable to increasing adoption of the safety features in vehicles and growth in infotainment applications, including navigation, among others. Further, ADAS systems have become popular in the country, and features including parking assist, adaptive cruise control, lane-departure warning, forward collision warning, and blind-spot detection are supplementing the growth of the market prominently. Among these, the parking assist feature is notably popular in the country owing to parking and space issues in the megacities of the country. The lower prices of systems have further helped in pushing the rate of adoption of advanced sensors and semiconductor products in China. The figure given below highlights the revenue share of South Korea in the Asia Pacific automotive sensors market in the forecast period:

South Korea in Asia Pacific Automotive sensors Market Revenue and Forecasts to 2027 (US$ Mn)

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ASIA PACIFIC AUTOMOTIVE SENSORS - MARKET SEGMENTATION

Asia Pacific Automotive Sensors Market By Type


• LED• Image Sensor• Position Sensor• Temperature Sensor• Pressure Sensor• MEMS• Others

Asia Pacific Automotive Sensors Market By Application


• Chassis• Safety & Security• Body Electronics• Powertrain• ADAS• Others

Asia Pacific Automotive Sensors Market By Vehicle Type


• LCV• HCV• Passenger Car

Asia Pacific Automotive Sensors Market By Country


• Australia• China• India• Japan• South Korea• Rest of APAC

Companies Mentioned


• Analog Devices Inc.• Continental AG• DELPHI TECHNOLOGIES PLC• Denso Corporation• Infineon Technologies • Melexis• NXP Semiconductors NV• ON Semiconductors • Robert Bosch GmbH• Texas Instruments Incorporated
Report Coverage
Report Coverage

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

Segment Covered
Segment Covered

Type, Application, Vehicle Type

Regional Scope
Regional Scope

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

Country Scope
Country Scope

Australia, China, Japan, South Korea

PART 1. iNTRODUCTION

1.1 Scope of the Study

1.2 The Insight Partners Research Report Guidance

PART 2. Key takeaways

PART 3. Research Methodology

3.1 Coverage

3.2 Secondary Research

3.3 Primary Research

PART 4. Asia Pacific Automotive Sensors market Landscape

4.1 market overview

4.2 Market segmentation

4.2.1 Asia Pacific Automotive Sensor Market – By Type

4.2.2 Asia Pacific Automotive Sensors Market – By Application

4.2.3 Asia Pacific Automotive Sensors Market – By Vehicle Type

4.2.4 Asia Pacific Automotive Sensors Market – By Country

4.3 pest analysis

4.3.1 Asia Pacific – PEST Analysis

4.4 Ecosystem Analysis

PART 5. Asia Pacific AUTOMOTIVE Sensors market – key industry dynamics

5.1 key market drivers

5.1.1 Growing Strategic Alliances between Automotive Manufacturers and Sensor Manufacturers

5.2 Key market restraints

5.2.1 Integration of Advanced Sensor Technologies Significantly Rises the Cost of the Vehicles

5.3 key market opportunities

5.3.1 Increasing Manufacturing of Electronic Vehicles is Increasing the Consumption Rate of Advanced Sensors Among the Vehicle Manufacturers

5.4 Future trends

5.4.1 Acceleration in Connected Car Production is Expected to Create Lucrative Opportunities for Automotive Sensor Manufacturers to Boost their Business

5.5 impact analysis of Drivers and restraints

PART 6. Asia pacific automotive Sensors –market analysis

6.1 Asia pacific automotive Sensors Market Overview

6.2 Asia Pacific automotive Sensors Market Forecast and Analysis

PART 7. Asia Pacific Automotive Sensors market revenue and FORECASTS TO 2027– Types

7.1 Overview

7.2 Asia Pacific Automotive Sensors Market Breakdown, By Types, 2017 & 2027

7.3 LED Market

7.3.1 Overview

7.3.2 LED Market Forecast and Analysis

7.4 Image Sensor Market

7.4.1 Overview

7.4.2 Image Sensor Market Forecast and Analysis

7.5 Position Sensor Market

7.5.1 Overview

7.5.2 Position Sensor Market Forecast and Analysis

7.6 Temperature Sensor Market

7.6.1 Overview

7.6.2 Temperature Sensor Market Forecast and Analysis

7.7 Pressure Sensor Market

7.7.1 Overview

7.7.2 Pressure Sensor Market Forecast and Analysis

7.8 MEMS Market

7.8.1 Overview

7.8.2 MEMS Sensors Market Forecast and Analysis

7.9 Other Sensors Market

7.9.1 Overview

7.9.2 Other Sensors Market Forecast and Analysis

PART 8. Asia Pacific Automotive SENSORS market revenue and forecasts to 2027 – Application

8.1 Overview

8.2 Asia Pacific Automotive Sensors Market Breakdown, By application, 2017 & 2027

8.3 Advanced driver assistance systems market

8.3.1 Overview

8.3.2 Advanced Driver Assistance Systems Market Forecasts and Analysis

8.4 Body Electronics market

8.4.1 Overview

8.4.2 Body Electronics Market Forecasts and Analysis

8.5 powertrain market

8.5.1 Overview

8.5.2 Powertrain Market Forecasts and Analysis

8.6 Safety & Security System market

8.6.1 Overview

8.6.2 Safety & Security System Market Forecasts and Analysis

8.7 Chassis market

8.7.1 Overview

8.7.2 Chassis Market Forecasts and Analysis

8.8 Others market

8.8.1 Overview

8.8.2 Others Market Forecasts and Analysis

PART 9. Asia Pacific Automotive Sensors market revenue and forecasts to 2027 – vehicle type

9.1 Overview

9.2 Asia Pacific Automotive sensors Market Breakdown, By vehicle type, 2017 & 2027

9.3 pASSENGER Cars market

9.3.1 Overview

9.3.2 Passenger Cars Market Forecasts and Analysis

9.4 lightweight commercial vehicle (LCV) market

9.4.1 Overview

9.4.2 Lightweight Commercial Vehicle (LCV) Market Forecasts and Analysis

9.5 heavyweight commercial vehicle (HCV) market

9.5.1 Overview

9.5.2 Heavyweight Commercial Vehicle (HCV) Market Forecasts and Analysis

PART 10. Asia Pacafic automotive Sensors market –Analysis

10.1 Overview

10.1.1 Asia Pacific Automotive Sensor Market Breakdown by Key Countries

10.1.1.1 Australia Automotive Sensor Market Revenue and Forecasts to 2027 (US$ Mn)

10.1.1.1.1 Australia Automotive Sensors Market Breakdown by Type

10.1.1.1.2 Australia Automotive Sensors Market Breakdown by Application

10.1.1.1.3 Australia Automotive Sensors Market Breakdown by Vehicle Type

10.1.1.2 China Automotive Sensor Market Revenue and Forecasts to 2027 (US$ Mn)

10.1.1.2.1 China Automotive Sensors Market Breakdown by Type

10.1.1.2.2 China Automotive Sensors Market Breakdown by Application

10.1.1.2.3 China Automotive Sensors Market Breakdown by Vehicle Type

10.1.1.3 India Automotive Sensors Market Revenue and Forecasts to 2027 (US$ Mn)

10.1.1.3.1 India Automotive Sensors Market Breakdown by Type

10.1.1.3.2 India Automotive Sensors Market Breakdown by Application

10.1.1.3.3 India Automotive Sensors Market Breakdown by Vehicle Type

10.1.1.4 Japan Automotive Sensors Market Revenue and Forecasts to 2027 (US$ Mn)

10.1.1.4.1 Japan Automotive Sensors Market Breakdown by Type

10.1.1.4.2 Japan Automotive Sensors Market Breakdown by Application

10.1.1.4.3 Japan Automotive Sensors Market Breakdown by Vehicle Type

10.1.1.5 South Korea Automotive Sensors Market Revenue and Forecasts to 2027 (US$ Mn)

10.1.1.5.1 South Korea Automotive Sensors Market Breakdown by Type

10.1.1.5.2 South Korea Automotive Sensors Market Breakdown by Application

10.1.1.5.3 South Korea Automotive Sensors Market Breakdown by Vehicle Type

10.1.1.6 Rest of Asia Pacific Automotive Sensors Market Revenue and Forecasts to 2027 (US$ Mn)

10.1.1.6.1 Rest of Asia Pacific Automotive Sensors Market Breakdown by Type

10.1.1.6.2 Rest of Asia Pacific Automotive Sensors Market Breakdown by Application

10.1.1.6.3 Rest of Asia Pacific Automotive Sensors Market Breakdown by Vehicle Type

PART 11. Industry Landscape

11.1 Overview

11.2 Market Initiative

11.3 Merger and Acquisition

11.4 New Development

PART 12. Global Automotive Sensors Market – Key Company Profiles

12.1 Analog Devices, Inc.

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 Continental AG

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 Delphi Technologies plc

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 denso Corporation

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 Infineon Technologies AG

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 MELEXIS

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 NXP Semiconductors N.V.

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 ON Semiconductors

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 Robert Bosch GmbH

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 texas instruments incorporated

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

PART 13. Appendix

13.1 About The Insight Partners

13.2 Glossary of Terms



list of tables

TABLE 1. Asia Pacific Automotive sensors Market Revenue and Forecasts to 2027 (US$ bn)

TABLE 2. Asia Pacific Automotive sensors Market Revenue Breakdown, By types and Forecasts to 2027 (US$ bn)

TABLE 3. Asia pacific automotive Sensors Market Breakdown, By Application Revenue and Forecasts to 2027 –
By Type (US$ Mn)

TABLE 4. Asia pacific automotive Sensors Market Breakdown, By vehicle type Revenue and Forecasts to 2027 –
By Type (US$ Mn)

TABLE 5. Asia pacific automotive Sensors Market, breakdown by key countries Revenue and Forecasts to 2027 –
By Type (US$ Mn)

TABLE 6. Australia automotive Sensors Market Revenue and Forecasts to 2027 – By Type (US$ Mn)

TABLE 7. Australia automotive Sensors Market Revenue and Forecasts to 2027 – By application (US$ Mn)

TABLE 8. Australia automotive Sensors Market Revenue and Forecasts to 2027 – By vehicle type (US$ Mn)

TABLE 9. China automotive Sensors Market Revenue and Forecasts to 2027 – By Type (US$ Mn)

TABLE 10. China automotive Sensors Market Revenue and Forecasts to 2027 – By application (US$ Mn)

TABLE 11. China automotive Sensors Market Revenue and Forecasts to 2027 – By vehicle type (US$ Mn)

TABLE 12. India automotive Sensors Market Revenue and Forecasts to 2027 – By Type (US$ Mn)

TABLE 13. India automotive Sensors Market Revenue and Forecasts to 2027 – By application (US$ Mn)

TABLE 14. India automotive Sensors Market Revenue and Forecasts to 2027 – By vehicle type (US$ Mn)

TABLE 15. Japan automotive Sensors Market Revenue and Forecasts to 2027 – By Type (US$ Mn)

TABLE 16. japan automotive Sensors Market Revenue and Forecasts to 2027 – By application (US$ Mn)

TABLE 17. Japan automotive Sensors Market Revenue and Forecasts to 2027 – By vehicle type (US$ Mn)

TABLE 18. South Korea automotive Sensors Market Revenue and Forecasts to 2027 – By Type (US$ Mn)

TABLE 19. South Korea automotive Sensors Market Revenue and Forecasts to 2027 – By application (US$ Mn)

TABLE 20. South Korea automotive Sensors Market Revenue and Forecasts to 2027 – By vehicle type (US$ Mn)

TABLE 21. Rest of ASia PAcific automotive Sensors Market Revenue and Forecasts to 2027 – By Type (US$ Mn)

TABLE 22. Rest of Asia PAcific automotive Sensors Market Revenue and Forecasts to 2027 – By application (US$ Mn)

TABLE 23. Rest of Asia Pacific automotive Sensors Market Revenue and Forecasts to 2027 – By vehicle type (US$ Mn)

TABLE 24. Glossary of Term: Automotive Sensors Market

list of figures

FIGURE 1. Asia Pacific Automotive sensors market, by application, US$ Mn, 2018 & 2027

FIGURE 2. Asia Pacific Automotive Sensors Market, by vehicle type (%), 2018

FIGURE 3. Asia Pacific Automotive Sensors Market, by Country (%), 2018

FIGURE 4. Asia Pacific Automotive sENSORS market segmentation

FIGURE 5. Asia Pacific Automotive SENSORS market segmentation – Country analysis

FIGURE 6. asia pacific – pest analysis

FIGURE 7. Automotive Sensors Market – ecosystem analysis

FIGURE 8. Asia pacific Automotive Sensors Market Impact Analysis of Driver and Restraints

FIGURE 9. Asia pacific automotive Sensors Market Forecast and Analysis to 2027, US$ Bn

FIGURE 10. Asia Pacific Automotive sensors Market Breakdown, By types, 2017 & 2027 (%)

FIGURE 11. Asia Pacific LED Market Revenue and FORECASTS TO 2027(US$ Mn)

FIGURE 12. Asia Picific Image Sensor Market Revenue and FORECASTS TO 2027(US$ Mn)

FIGURE 13. Asia Pacific Position Sensor Market Revenue and FORECASTS TO 2027(US$ Bn)

FIGURE 14. Asia Pacific Temperature Sensor Market Revenue and FORECASTS TO 2027(US$ Bn)

FIGURE 15. Asia Pacific Pressure Sensor Market Revenue and FORECASTS TO 2027(US$ Bn)

FIGURE 16. Asia pacific MEMS Sensor Market Revenue and FORECASTS TO 2027(US$ mn)

FIGURE 17. Asia pacific Others Sensor Market Revenue and FORECASTS TO 2027(US$ Mn)

FIGURE 18. Asia Pacific Automotive Sensors Market Breakdown, By application, 2018 & 2027 (%)

FIGURE 19. Asia Pacific Advacned Driver Assistance Systems Market Revenue and Forecasts to 2027 (US$ mn)

FIGURE 20. Asia Pacific Body Electronics Market Revenue and FORECASTS TO 2027(US$ Bn)

FIGURE 21. Asia Pacific Powertrain Market Revenue and FORECASTS TO 2027(US$ Bn)

FIGURE 22. Asia PAcific Safety & security System Market Revenue and FORECASTS TO 2027(US$ Bn)

FIGURE 23. Asia Pacific Chassis Market Revenue and FORECASTS TO 2027(US$ mn)

FIGURE 24. Asia pacific Others Market Revenue and FORECASTS TO 2027(US$ Mn)

FIGURE 25. Asia Pacific Automotive sensors Market Breakdown, By vehicle type, 2018 & 2027 (%)

FIGURE 26. Asia pacific Passenger Cars Market Revenue and Forecasts to 2027 (US$ mn)

FIGURE 27. Asia pacific Lightweight Commercial Vehicle Market Revenue and Forecasts to 2027 (US$ Mn)

FIGURE 28. Asia Pacific HEavyweight Commercial Vehicle Market Revenue and Forecasts to 2027 (US$ mn)

FIGURE 29. asia pacific Automotive sensors Market Breakdown by Key Countries, 2018 & 2027(%)

FIGURE 30. Austrlia automotive Sensor Market Revenue and Forecasts to 2027 (US$ Mn)

FIGURE 31. china automotive Sensor Market Revenue and Forecasts to 2027 (US$ Mn)

FIGURE 32. india automotive Sensors Market Revenue and Forecasts to 2027 (US$ Mn)

FIGURE 33. Japan automotive Sensors Market Revenue and Forecasts to 2027 (US$ Mn)

FIGURE 34. south korea automotive Sensors Market Revenue and Forecasts to 2027 (US$ Mn)

FIGURE 35. rest of asia pacific automotive Sensors Market Revenue and Forecasts to 2027 (US$ Mn)

The List of Companies - Asia Pacific Automotive Sensors Market

  1. ANALOG Devices Inc.
  2. Continental AG
  3. DELPHI TECHNOLOGIES PLC
  4. Denso Corporation
  5. Infineon Technologies
  6. Melexis
  7. NXP Semiconductors NV
  8. ON Semiconductors
  9. Robert Bosch GmbH
  10. Texas Instruments Incorporated

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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