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

Coverage: Automotive Steering Sensors Market covers analysis By Type (Angle and Torque Sensors, Motor Position Sensors, Health Monitoring Systems, Multi-Functional Sensor Systems, Others); Technology (Magnetic, Contacting, Others) , and Geography (North America, Europe, Asia Pacific, and South and Central America)

  • Report Code : TIPRE00004980
  • Category : Automotive and Transportation
  • Status : Upcoming
  • No. of Pages : 150
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MARKET OVERVIEW

An automotive steering sensor is one the most crucial part in the Electronic Stability Control (ESC) system, which measures the position angle as well as the rate of turn of a steering wheel. Rapid advancing technology for steering angle sensors, ensure safer drive by sensing the firmness of drivers' grip. Automotive steering sensor market is anticipated experience significant growth all over the world in coming years.

MARKET SCOPE

The "Global Automotive Steering Sensors Market Analysis to 2028" is a specialized and in-depth study of the automotive and transportation industry with a special focus on the global market trend analysis. The report aims to provide an overview of the automotive steering sensors market with detailed market segmentation by type, technology, and geography. The report provides key statistics on the market status of the leading automotive steering sensors market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

  •   Based on type, the global automotive steering sensors market is segmented into angle and torque sensors, motor position sensors, health monitoring systems, multi-functional sensor systems and others.
  •   On the basis of technology, the market is segmented into magnetic, contacting and others.

MARKET DYNAMICS
Drivers:

  •   Growing production of high-end vehicles all over the world.
  •   Rising urbanization and increasing per capita disposable income to boost the market growth of automotive steering sensors.
  •   Rapidly advancing technology further drives the demand for automotive steering sensors

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 automotive steering sensors 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 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 affecting the automotive steering sensors market in these regions.

IMPACT OF COVID-19 ON AUTOMOTIVE STEERING SENSORS MARKET

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. This pandemic limited the movement of people from one place to another. Also, due to less demand, production of automobiles reduced drastically across the globe. These all impacted the automotive steering sensors market negatively.

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 automotive steering sensors 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 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 affecting the automotive steering sensors market in these regions.

IMPACT OF COVID-19 ON AUTOMOTIVE STEERING SENSORS MARKET

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. This pandemic limited the movement of people from one place to another. Also, due to less demand, production of automobiles reduced drastically across the globe. These all impacted the automotive steering sensors market negatively.

MARKET PLAYERS

The report covers key developments in the automotive steering sensors 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 the expansion of business and customer base of market players. The market payers from automotive steering sensors market are anticipated to lucrative growth opportunities in the future with the rising demand for automotive steering sensors in the global market.

The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the automotive steering sensors 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.

  •   Sensata Technologies, Inc.
  •   Bourns, Inc.
  •   De Amertek Corporation
  •   HELLA GmbH and Co. KGaA
  •   Honeywell International Inc
  •   Infineon Technologies AG
  •   Methode Sensor Technologies
  •   NXP Semiconductors
  •   Piher Sensors and Controls
  •   Robert Bosch GmbH

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 Steering Sensors Market - By Type
1.3.2 Automotive Steering Sensors Market - By Technology
1.3.3 Automotive Steering Sensors Market - By Region
1.3.3.1 By Country

2. KEY TAKEAWAYS

3. RESEARCH METHODOLOGY

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

7. AUTOMOTIVE STEERING SENSORS MARKET - REVENUE AND FORECASTS TO 2028 - TYPE
7.1. OVERVIEW
7.2. TYPE MARKET FORECASTS AND ANALYSIS
7.3. ANGLE AND TORQUE SENSORS
7.3.1. Overview
7.3.2. Angle and Torque Sensors Market Forecast and Analysis
7.4. MOTOR POSITION SENSORS
7.4.1. Overview
7.4.2. Motor Position Sensors Market Forecast and Analysis
7.5. HEALTH MONITORING SYSTEMS
7.5.1. Overview
7.5.2. Health Monitoring Systems Market Forecast and Analysis
7.6. MULTI-FUNCTIONAL SENSOR SYSTEMS
7.6.1. Overview
7.6.2. Multi-Functional Sensor Systems Market Forecast and Analysis
7.7. OTHERS
7.7.1. Overview
7.7.2. Others Market Forecast and Analysis
8. AUTOMOTIVE STEERING SENSORS MARKET - REVENUE AND FORECASTS TO 2028 - TECHNOLOGY
8.1. OVERVIEW
8.2. TECHNOLOGY MARKET FORECASTS AND ANALYSIS
8.3. MAGNETIC
8.3.1. Overview
8.3.2. Magnetic Market Forecast and Analysis
8.4. CONTACTING
8.4.1. Overview
8.4.2. Contacting Market Forecast and Analysis
8.5. OTHERS
8.5.1. Overview
8.5.2. Others Market Forecast and Analysis

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

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. AUTOMOTIVE STEERING SENSORS MARKET, KEY COMPANY PROFILES
11.1. SENSATA TECHNOLOGIES, INC.
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. BOURNS, INC.
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. DE AMERTEK CORPORATION
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. HELLA GMBH AND CO. KGAA
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. HONEYWELL INTERNATIONAL INC
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. INFINEON TECHNOLOGIES AG
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. METHODE SENSOR TECHNOLOGIES
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. NXP SEMICONDUCTORS
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. PIHER SENSORS AND CONTROLS
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. ROBERT BOSCH GMBH
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. Sensata Technologies, Inc.
2. Bourns, Inc.
3. De Amertek Corporation
4. HELLA GmbH and Co. KGaA
5. Honeywell International Inc
6. Infineon Technologies AG
7. Methode Sensor Technologies
8. NXP Semiconductors
9. Piher Sensors and Controls
10. Robert Bosch GmbH

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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