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

Coverage: Automotive Motors Market covers analysis by Product Type (DC Motor, Stepper Motor, Traction Motor); Application (Performance, Comfort, Safety); Vehicle Type (Passenger Cars, Commercial Vehicles) , and Geography (North America, Europe, Asia Pacific, and South and Central America)

  • Report Code : TIPRE00009711
  • Category : Automotive and Transportation
  • Status : Upcoming
  • No. of Pages : 150
Buy Now

MARKET INTRODUCTION
The motor is an internal part of the vehicle, which is used for various operations. The motor is used in various systems such as the wiper system, power window, steering system, cooling fans, and others. Growing demand for electric vehicles across the globe is boosting the growth of the automotive motors market. Rapid growth in the automotive industry led to an increase in the production of the vehicle, which anticipating the growth of the automotive motors market.

MARKET DYNAMICS
The growing safety concerns and high demand for comfort and convenience in the vehicle are increasing demand for the motor that propelling the growth of the automotive motors market. Increasing demand for luxury cars is a rising demand for the motor to provide comfort and to automate the various system, thus fueling the growth of the automotive motors market. Moreover, the growing popularity of advance features, such as motorized wipers, seats, adjustable mirrors, doors, is further booming the growth of the market. The increasing demand for traction motor as the growing popularity of electric vehicles, which provides a lucrative opportunity for the market player of the automotive motors market.

MARKET SCOPE
The "Global Automotive Motors Market Analysis to 2028” is a specialized and in-depth study of the automotive motors industry with a special focus on the global market trend analysis. The report aims to provide an overview automotive motors market with detailed market segmentation by product type, application, vehicle type, and geography. The global automotive motors market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading automotive motors market players and offers key trends and opportunities in the automotive motors market.

MARKET SEGMENTATION
The global automotive motors market is segmented on the basis of product type, application, vehicle type. On the basis product type the market is segmented as DC motor, stepper motor, traction motor. On the basis application the market is segmented as performance, comfort, safety. On the basis vehicle type the market is segmented as passenger cars, commercial vehicles.

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 motors 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 motors 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 motors 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 motors market in these regions.

World Geography

Have a question?

Analyst

Naveen

Naveen will walk you through a 15-minute call to present the report’s content and answer all queries if you have any.

Analyst   Speak to Analyst
  • Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
  • Request discounts available for Start-Ups & Universities
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 motors 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 motors 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 motors 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 motors market in these regions.

MARKET PLAYERS
The reports cover key developments in the automotive motors market as 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 motors market are anticipated to lucrative growth opportunities in the future with the rising demand for automotive motors in the global market. Below mentioned is the list of few companies engaged in the automotive motors market.

The report also includes the profiles of key automotive motors 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.
  • BorgWarner Inc.
  • DENSO Corporation
  • Johnson Electric Holdings Limited
  • MABUCHI MOTOR CO., LTD.
  • MAHLE GmbH
  • MITSUBA Corporation
  • Mitsubishi Electric Corporation
  • Nidec Corporation
  • Robert Bosch
  • 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 Automotive Motors Market - By Product Type
1.3.2 Automotive Motors Market - By Application
1.3.3 Automotive Motors Market - By Vehicle Type
1.3.4 Automotive Motors Market - By Region
1.3.4.1 By Country

2. KEY TAKEAWAYS

3. RESEARCH METHODOLOGY

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

5. AUTOMOTIVE MOTORS MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS, RESTRAINTS & EXPECTED INFLUENCE OF COVID-19 PANDEMIC

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

7. AUTOMOTIVE MOTORS MARKET - REVENUE AND FORECASTS TO 2028 - PRODUCT TYPE
7.1. OVERVIEW
7.2. PRODUCT TYPE MARKET FORECASTS AND ANALYSIS
7.3. DC MOTOR
7.3.1. Overview
7.3.2. DC Motor Market Forecast and Analysis
7.4. STEPPER MOTOR
7.4.1. Overview
7.4.2. Stepper Motor Market Forecast and Analysis
7.5. TRACTION MOTOR
7.5.1. Overview
7.5.2. Traction Motor Market Forecast and Analysis
8. AUTOMOTIVE MOTORS MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
8.1. OVERVIEW
8.2. APPLICATION MARKET FORECASTS AND ANALYSIS
8.3. PERFORMANCE
8.3.1. Overview
8.3.2. Performance Market Forecast and Analysis
8.4. COMFORT
8.4.1. Overview
8.4.2. Comfort Market Forecast and Analysis
8.5. SAFETY
8.5.1. Overview
8.5.2. Safety Market Forecast and Analysis
9. AUTOMOTIVE MOTORS MARKET - REVENUE AND FORECASTS TO 2028 - VEHICLE TYPE
9.1. OVERVIEW
9.2. VEHICLE TYPE MARKET FORECASTS AND ANALYSIS
9.3. PASSENGER CARS
9.3.1. Overview
9.3.2. Passenger Cars Market Forecast and Analysis
9.4. COMMERCIAL VEHICLES
9.4.1. Overview
9.4.2. Commercial Vehicles Market Forecast and Analysis

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

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 MOTORS MARKET, KEY COMPANY PROFILES
12.1. BORGWARNER 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. DENSO CORPORATION
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. JOHNSON ELECTRIC HOLDINGS LIMITED
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. MABUCHI MOTOR CO., LTD.
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. MAHLE GMBH
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. MITSUBA CORPORATION
12.6.1. Key Facts
12.6.2. Business Description
12.6.3. Products and Services
12.6.4. Financial Overview
12.6.5. SWOT Analysis
12.6.6. Key Developments
12.7. MITSUBISHI ELECTRIC CORPORATION
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. NIDEC CORPORATION
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
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. VALEO
12.10.1. Key Facts
12.10.2. Business Description
12.10.3. Products and Services
12.10.4. Financial Overview
12.10.5. SWOT Analysis
12.10.6. Key Developments

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

1. BorgWarner Inc.
2. DENSO Corporation
3. Johnson Electric Holdings Limited
4. MABUCHI MOTOR CO., LTD.
5. MAHLE GmbH
6. MITSUBA Corporation
7. Mitsubishi Electric Corporation
8. Nidec Corporation
9. Robert Bosch
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.

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.

Trends and growth analysis reports related to Automotive Motors Market