Automotive Heater Core Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

Coverage: Automotive Heater Core Market covers analysis By Material (Aluminum, Copper, Others); Vehicle Type (Commercial Vehicle, Passenger Vehicle, Electrical Vehicle, Others); Sales channel (Aftermarket, OEM) , and Geography (North America, Europe, Asia Pacific, and South and Central America)

Publication Month : Apr 2024

  • Report Code : TIPRE00020397
  • Category : Automotive and Transportation
  • Status : Upcoming
  • No. of Pages : 150
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MARKET INTRODUCTION

Automotive heater core is a type of radiator device used for heating of the cabin of vehicle. It is a part of the cooling system of a vehicle which is important for maintaining temperature of a vehicle. The cooling system has three parts, heater core, radiator and a fan. The heater core is placed under vehicle cabin and is connected with the engine's heater hose. The coolant later flows from the coils of heater core with the help of a blower fan. Later the water pump of a vehicle forces coolant to pass over the fins of heater core, the fins responsible for transfer of heat, which after enters vehicle's cabin.

MARKET DYNAMICS

The key market drivers for Automotive Heater Core market are, increase in demand for fuel efficient vehicles, stringent regulatory norms set by governing bodies, rising vehicle production across the globe. Additionally, rapid urbanization, increasing people income which ultimately boosts buying capacity of people is also expected to fuel market growth during the forecast period.

MARKET SCOPE

The "Global Automotive Heater Core Market Analysis to 2028" is a specialized and in-depth study of the Automotive Heater Core Market with a special focus on the global market trend analysis. The report aims to provide an overview of Automotive Heater Core market with detailed market segmentation by material, vehicle type and sales channel. The global Automotive Heater Core market expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading Automotive Heater Core market player and offers key trends and opportunities in the Automotive Heater Core market.

MARKET SEGMENTATION

The global Automotive Heater Core market is segmented on the basis of material, vehicle type and sales channel. On the basis of material, the market is segmented as, aluminum, copper and others. On the basis of vehicle type the market is segmented as, commercial vehicle, passenger vehicle, electrical vehicle and others. And on the basis of sales channel the market is bifurcated as, aftermarket, OEM.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global Automotive Heater Core market based on various segments. It also provides market size and forecast estimates from year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The Automotive Heater Core market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.

The report analyzes factors affecting Automotive Heater Core Market from both demand and supply side and further evaluates market dynamics effecting the market during 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 effecting the Automotive Heater Core market in these regions.

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 overview and forecast of the global Automotive Heater Core market based on various segments. It also provides market size and forecast estimates from year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The Automotive Heater Core market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.

The report analyzes factors affecting Automotive Heater Core Market from both demand and supply side and further evaluates market dynamics effecting the market during 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 effecting the Automotive Heater Core market in these regions.

MARKET PLAYERS

The reports cover key developments in the Automotive Heater Core 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 market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from Automotive Heater Core market are anticipated to lucrative growth opportunities in the future with the rising demand for Automotive Heater Core market. Below mentioned is the list of few companies engaged in the Automotive Heater Core market.

The report also includes the profiles of key Automotive Heater Core market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.

  •   Delphi Auto Parts
  •   MAHLE GmbH
  •   Spectra Premium
  •   DENSO CORPORATION
  •   Valeo
  •   T Rad North America Inc
  •   Natrad
  •   Brassworks
  •   Sanden Holdings
  •   ACDelco

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 Automotive Heater Core Market - By Material
1.3.2 Automotive Heater Core Market - By Vehicle Type
1.3.3 Automotive Heater Core Market - By Sales channel
1.3.4 Automotive Heater Core Market - By Region
1.3.4.1 By Country

2. KEY TAKEAWAYS

3. RESEARCH METHODOLOGY

4. AUTOMOTIVE HEATER CORE 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. AUTOMOTIVE HEATER CORE 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. AUTOMOTIVE HEATER CORE MARKET - GLOBAL MARKET ANALYSIS
6.1. AUTOMOTIVE HEATER CORE - GLOBAL MARKET OVERVIEW
6.2. AUTOMOTIVE HEATER CORE - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE

7. AUTOMOTIVE HEATER CORE MARKET - REVENUE AND FORECASTS TO 2028 - MATERIAL
7.1. OVERVIEW
7.2. MATERIAL MARKET FORECASTS AND ANALYSIS
7.3. ALUMINUM
7.3.1. Overview
7.3.2. Aluminum Market Forecast and Analysis
7.4. COPPER
7.4.1. Overview
7.4.2. Copper Market Forecast and Analysis
7.5. OTHERS
7.5.1. Overview
7.5.2. Others Market Forecast and Analysis
8. AUTOMOTIVE HEATER CORE MARKET - REVENUE AND FORECASTS TO 2028 - VEHICLE TYPE
8.1. OVERVIEW
8.2. VEHICLE TYPE MARKET FORECASTS AND ANALYSIS
8.3. COMMERCIAL VEHICLE
8.3.1. Overview
8.3.2. Commercial Vehicle Market Forecast and Analysis
8.4. PASSENGER VEHICLE
8.4.1. Overview
8.4.2. Passenger Vehicle Market Forecast and Analysis
8.5. ELECTRICAL VEHICLE
8.5.1. Overview
8.5.2. Electrical Vehicle Market Forecast and Analysis
8.6. OTHERS
8.6.1. Overview
8.6.2. Others Market Forecast and Analysis
9. AUTOMOTIVE HEATER CORE MARKET - REVENUE AND FORECASTS TO 2028 - SALES CHANNEL
9.1. OVERVIEW
9.2. SALES CHANNEL MARKET FORECASTS AND ANALYSIS
9.3. AFTERMARKET
9.3.1. Overview
9.3.2. Aftermarket Market Forecast and Analysis
9.4. OEM
9.4.1. Overview
9.4.2. OEM Market Forecast and Analysis

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

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. AUTOMOTIVE HEATER CORE MARKET, KEY COMPANY PROFILES
12.1. DELPHI AUTO PARTS
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. MAHLE GMBH
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. SPECTRA PREMIUM
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. VALEO
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. T RAD NORTH AMERICA INC
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. NATRAD
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. BRASSWORKS
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. ACDELCO
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. SANDEN HOLDINGS
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
12.11. CALSONIC KANSEI
12.11.1. Key Facts
12.11.2. Business Description
12.11.3. Products and Services
12.11.4. Financial Overview
12.11.5. SWOT Analysis
12.11.6. Key Developments

13. APPENDIX
13.1. ABOUT THE INSIGHT PARTNERS
13.2. GLOSSARY OF TERMS
The List of Companies

1. Delphi Auto Parts
2. MAHLE GmbH
3. Spectra Premium
4. DENSO CORPORATION
5. Valeo
6. T Rad North America Inc
7. Natrad
8. Brassworks
9. ACDelco
10. Sanden Holdings
11. Calsonic Kansei

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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