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

Coverage: Drone Sensor Market covers analysis by Sensor Type (Inertial Sensors, Image Sensors, Speed and Distance Sensors, Position Sensors, Current Sensors, Others); Platform Type (VTOL, Fixed Wing, Hybrid); Application (Navigation, Collision Detection and Avoidance, Data Acquisition, Motion Detection, Air Pressure Measurement, Power Monitoring, Other); End-User (Energy and Utilities, Precision Agriculture, Media and Entertainment, Defense, Law Enforcement, Security and Surveillance, Others) , and Geography (North America, Europe, Asia Pacific, and South and Central America)

Publication Month : Apr 2024

  • Report Code : TIPRE00012043
  • Category : Electronics and Semiconductor
  • Status : Upcoming
  • No. of Pages : 150
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MARKET INTRODUCTION

Drones are useful in several business segments, such as traffic management, agriculture, and homeland security. Drones support capturing real-time data along with high accuracy. Some of the key applications of drones include real-time surveillance, crop health monitoring, traffic monitoring, and goods delivery.

MARKET DYNAMICS

The rising demand for drones in commercial and civil and applications is the major factor driving the growth of the drone sensor market. Moreover, the adoption of artificial intelligence and machine learning technology is anticipated to boost the growth of the drone sensors market.

MARKET SCOPE

The Global Drone Sensor Market Analysis to 2028 is a specialized and in-depth study of the drone sensor market with a special focus on the global market trend analysis. The report aims to provide an overview of drone sensor market with detailed market segmentation by sensor type, platform type, application, end-user. The global drone sensor market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading drone sensor market players and offers key trends and opportunities in the drone sensor market.

MARKET SEGMENTATION

The global drone sensor market is segmented on the basis of sensor type, platform type, application, end-user. On the basis of sensor type, the market is segmented as inertial sensors, image sensors, speed and distance sensors, position sensors, current sensors, others. On the basis of platform type, the market is segmented as VTOL, fixed wing, hybrid. On the basis of application, the market is segmented as navigation, collision detection and avoidance, data acquisition, motion detection, air pressure measurement, power monitoring, other. On the basis of end user, the market is segmented as energy & utilities, precision agriculture, media & entertainment, defense, law enforcement, security & surveillance, others.

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 drone sensor 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 drone sensor 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 drone sensor 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 drone sensor 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 drone sensor 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 drone sensor 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 drone sensor 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 drone sensor market in these regions.

MARKET PLAYERS

The reports cover key developments in the drone sensor 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 drone sensor market are anticipated to lucrative growth opportunities in the future with the rising demand for drone sensor market. Below mentioned is the list of few companies engaged in the drone sensor market.

The report also includes the profiles of key drone sensor 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.
  •   AMS AG
  •   Bosch Sensortec
  •   Flir Systems
  •   KVH Industries
  •   Lord Microstrain
  •   Raytheon
  •   Sparton Navex
  •   TDK Invensense
  •   TE Connectivity
  •   Trimble
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
1.3.1Drone Sensor Market - By Sensor Type
1.3.2Drone Sensor Market - By Platform Type
1.3.3Drone Sensor Market - By Application
1.3.4Drone Sensor Market - By End-User
1.3.5Drone Sensor Market - By Region
1.3.5.1By Country

2.KEY TAKEAWAYS

3.RESEARCH METHODOLOGY

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

5.DRONE SENSOR 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.DRONE SENSOR MARKET - GLOBAL MARKET ANALYSIS
6.1.DRONE SENSOR - GLOBAL MARKET OVERVIEW
6.2.DRONE SENSOR - GLOBAL MARKET AND FORECAST TO 2028
6.3.MARKET POSITIONING/MARKET SHARE

7.DRONE SENSOR MARKET - REVENUE AND FORECASTS TO 2028 " SENSOR TYPE
7.1.OVERVIEW
7.2.SENSOR TYPE MARKET FORECASTS AND ANALYSIS
7.3.INERTIAL SENSORS
7.3.1.Overview
7.3.2.Inertial Sensors Market Forecast and Analysis
7.4.IMAGE SENSORS
7.4.1.Overview
7.4.2.Image Sensors Market Forecast and Analysis
7.5.SPEED AND DISTANCE SENSORS
7.5.1.Overview
7.5.2.Speed and Distance Sensors Market Forecast and Analysis
7.6.POSITION SENSORS
7.6.1.Overview
7.6.2.Position Sensors Market Forecast and Analysis
7.7.CURRENT SENSORS
7.7.1.Overview
7.7.2.Current Sensors Market Forecast and Analysis
7.8.OTHERS
7.8.1.Overview
7.8.2.Others Market Forecast and Analysis
8.DRONE SENSOR MARKET - REVENUE AND FORECASTS TO 2028 " PLATFORM TYPE
8.1.OVERVIEW
8.2.PLATFORM TYPE MARKET FORECASTS AND ANALYSIS
8.3.VTOL
8.3.1.Overview
8.3.2.VTOL Market Forecast and Analysis
8.4.FIXED WING
8.4.1.Overview
8.4.2.Fixed Wing Market Forecast and Analysis
8.5.HYBRID
8.5.1.Overview
8.5.2.Hybrid Market Forecast and Analysis
9.DRONE SENSOR MARKET - REVENUE AND FORECASTS TO 2028 " APPLICATION
9.1.OVERVIEW
9.2.APPLICATION MARKET FORECASTS AND ANALYSIS
9.3.NAVIGATION
9.3.1.Overview
9.3.2.Navigation Market Forecast and Analysis
9.4.COLLISION DETECTION AND AVOIDANCE
9.4.1.Overview
9.4.2.Collision Detection and Avoidance Market Forecast and Analysis
9.5.DATA ACQUISITION
9.5.1.Overview
9.5.2.Data Acquisition Market Forecast and Analysis
9.6.MOTION DETECTION
9.6.1.Overview
9.6.2.Motion Detection Market Forecast and Analysis
9.7.AIR PRESSURE MEASUREMENT
9.7.1.Overview
9.7.2.Air Pressure Measurement Market Forecast and Analysis
9.8.POWER MONITORING
9.8.1.Overview
9.8.2.Power Monitoring Market Forecast and Analysis
9.9.OTHER
9.9.1.Overview
9.9.2.Other Market Forecast and Analysis
10.DRONE SENSOR MARKET - REVENUE AND FORECASTS TO 2028 " END-USER
10.1.OVERVIEW
10.2.END-USER MARKET FORECASTS AND ANALYSIS
10.3.ENERGY AND UTILITIES
10.3.1.Overview
10.3.2.Energy and Utilities Market Forecast and Analysis
10.4.PRECISION AGRICULTURE
10.4.1.Overview
10.4.2.Precision Agriculture Market Forecast and Analysis
10.5.MEDIA AND ENTERTAINMENT
10.5.1.Overview
10.5.2.Media and Entertainment Market Forecast and Analysis
10.6.DEFENSE
10.6.1.Overview
10.6.2.Defense Market Forecast and Analysis
10.7.LAW ENFORCEMENT
10.7.1.Overview
10.7.2.Law Enforcement Market Forecast and Analysis
10.8.SECURITY AND SURVEILLANCE
10.8.1.Overview
10.8.2.Security and Surveillance Market Forecast and Analysis
10.9.OTHERS
10.9.1.Overview
10.9.2.Others Market Forecast and Analysis

11.DRONE SENSOR MARKET REVENUE AND FORECASTS TO 2028 " GEOGRAPHICAL ANALYSIS
11.1.NORTH AMERICA
11.1.1North America Drone Sensor Market Overview
11.1.2North America Drone Sensor Market Forecasts and Analysis
11.1.3North America Drone Sensor Market Forecasts and Analysis - By Sensor Type
11.1.4North America Drone Sensor Market Forecasts and Analysis - By Platform Type
11.1.5North America Drone Sensor Market Forecasts and Analysis - By Application
11.1.6North America Drone Sensor Market Forecasts and Analysis - By End-User
11.1.7North America Drone Sensor Market Forecasts and Analysis - By Countries
11.1.7.1United States Drone Sensor Market
11.1.7.1.1United States Drone Sensor Market by Sensor Type
11.1.7.1.2United States Drone Sensor Market by Platform Type
11.1.7.1.3United States Drone Sensor Market by Application
11.1.7.1.4United States Drone Sensor Market by End-User
11.1.7.2Canada Drone Sensor Market
11.1.7.2.1Canada Drone Sensor Market by Sensor Type
11.1.7.2.2Canada Drone Sensor Market by Platform Type
11.1.7.2.3Canada Drone Sensor Market by Application
11.1.7.2.4Canada Drone Sensor Market by End-User
11.1.7.3Mexico Drone Sensor Market
11.1.7.3.1Mexico Drone Sensor Market by Sensor Type
11.1.7.3.2Mexico Drone Sensor Market by Platform Type
11.1.7.3.3Mexico Drone Sensor Market by Application
11.1.7.3.4Mexico Drone Sensor Market by End-User
11.2.EUROPE
11.2.1Europe Drone Sensor Market Overview
11.2.2Europe Drone Sensor Market Forecasts and Analysis
11.2.3Europe Drone Sensor Market Forecasts and Analysis - By Sensor Type
11.2.4Europe Drone Sensor Market Forecasts and Analysis - By Platform Type
11.2.5Europe Drone Sensor Market Forecasts and Analysis - By Application
11.2.6Europe Drone Sensor Market Forecasts and Analysis - By End-User
11.2.7Europe Drone Sensor Market Forecasts and Analysis - By Countries
11.2.7.1Germany Drone Sensor Market
11.2.7.1.1Germany Drone Sensor Market by Sensor Type
11.2.7.1.2Germany Drone Sensor Market by Platform Type
11.2.7.1.3Germany Drone Sensor Market by Application
11.2.7.1.4Germany Drone Sensor Market by End-User
11.2.7.2France Drone Sensor Market
11.2.7.2.1France Drone Sensor Market by Sensor Type
11.2.7.2.2France Drone Sensor Market by Platform Type
11.2.7.2.3France Drone Sensor Market by Application
11.2.7.2.4France Drone Sensor Market by End-User
11.2.7.3Italy Drone Sensor Market
11.2.7.3.1Italy Drone Sensor Market by Sensor Type
11.2.7.3.2Italy Drone Sensor Market by Platform Type
11.2.7.3.3Italy Drone Sensor Market by Application
11.2.7.3.4Italy Drone Sensor Market by End-User
11.2.7.4United Kingdom Drone Sensor Market
11.2.7.4.1United Kingdom Drone Sensor Market by Sensor Type
11.2.7.4.2United Kingdom Drone Sensor Market by Platform Type
11.2.7.4.3United Kingdom Drone Sensor Market by Application
11.2.7.4.4United Kingdom Drone Sensor Market by End-User
11.2.7.5Russia Drone Sensor Market
11.2.7.5.1Russia Drone Sensor Market by Sensor Type
11.2.7.5.2Russia Drone Sensor Market by Platform Type
11.2.7.5.3Russia Drone Sensor Market by Application
11.2.7.5.4Russia Drone Sensor Market by End-User
11.2.7.6Rest of Europe Drone Sensor Market
11.2.7.6.1Rest of Europe Drone Sensor Market by Sensor Type
11.2.7.6.2Rest of Europe Drone Sensor Market by Platform Type
11.2.7.6.3Rest of Europe Drone Sensor Market by Application
11.2.7.6.4Rest of Europe Drone Sensor Market by End-User
11.3.ASIA-PACIFIC
11.3.1Asia-Pacific Drone Sensor Market Overview
11.3.2Asia-Pacific Drone Sensor Market Forecasts and Analysis
11.3.3Asia-Pacific Drone Sensor Market Forecasts and Analysis - By Sensor Type
11.3.4Asia-Pacific Drone Sensor Market Forecasts and Analysis - By Platform Type
11.3.5Asia-Pacific Drone Sensor Market Forecasts and Analysis - By Application
11.3.6Asia-Pacific Drone Sensor Market Forecasts and Analysis - By End-User
11.3.7Asia-Pacific Drone Sensor Market Forecasts and Analysis - By Countries
11.3.7.1Australia Drone Sensor Market
11.3.7.1.1Australia Drone Sensor Market by Sensor Type
11.3.7.1.2Australia Drone Sensor Market by Platform Type
11.3.7.1.3Australia Drone Sensor Market by Application
11.3.7.1.4Australia Drone Sensor Market by End-User
11.3.7.2China Drone Sensor Market
11.3.7.2.1China Drone Sensor Market by Sensor Type
11.3.7.2.2China Drone Sensor Market by Platform Type
11.3.7.2.3China Drone Sensor Market by Application
11.3.7.2.4China Drone Sensor Market by End-User
11.3.7.3India Drone Sensor Market
11.3.7.3.1India Drone Sensor Market by Sensor Type
11.3.7.3.2India Drone Sensor Market by Platform Type
11.3.7.3.3India Drone Sensor Market by Application
11.3.7.3.4India Drone Sensor Market by End-User
11.3.7.4Japan Drone Sensor Market
11.3.7.4.1Japan Drone Sensor Market by Sensor Type
11.3.7.4.2Japan Drone Sensor Market by Platform Type
11.3.7.4.3Japan Drone Sensor Market by Application
11.3.7.4.4Japan Drone Sensor Market by End-User
11.3.7.5South Korea Drone Sensor Market
11.3.7.5.1South Korea Drone Sensor Market by Sensor Type
11.3.7.5.2South Korea Drone Sensor Market by Platform Type
11.3.7.5.3South Korea Drone Sensor Market by Application
11.3.7.5.4South Korea Drone Sensor Market by End-User
11.3.7.6Rest of Asia-Pacific Drone Sensor Market
11.3.7.6.1Rest of Asia-Pacific Drone Sensor Market by Sensor Type
11.3.7.6.2Rest of Asia-Pacific Drone Sensor Market by Platform Type
11.3.7.6.3Rest of Asia-Pacific Drone Sensor Market by Application
11.3.7.6.4Rest of Asia-Pacific Drone Sensor Market by End-User
11.4.MIDDLE EAST AND AFRICA
11.4.1Middle East and Africa Drone Sensor Market Overview
11.4.2Middle East and Africa Drone Sensor Market Forecasts and Analysis
11.4.3Middle East and Africa Drone Sensor Market Forecasts and Analysis - By Sensor Type
11.4.4Middle East and Africa Drone Sensor Market Forecasts and Analysis - By Platform Type
11.4.5Middle East and Africa Drone Sensor Market Forecasts and Analysis - By Application
11.4.6Middle East and Africa Drone Sensor Market Forecasts and Analysis - By End-User
11.4.7Middle East and Africa Drone Sensor Market Forecasts and Analysis - By Countries
11.4.7.1South Africa Drone Sensor Market
11.4.7.1.1South Africa Drone Sensor Market by Sensor Type
11.4.7.1.2South Africa Drone Sensor Market by Platform Type
11.4.7.1.3South Africa Drone Sensor Market by Application
11.4.7.1.4South Africa Drone Sensor Market by End-User
11.4.7.2Saudi Arabia Drone Sensor Market
11.4.7.2.1Saudi Arabia Drone Sensor Market by Sensor Type
11.4.7.2.2Saudi Arabia Drone Sensor Market by Platform Type
11.4.7.2.3Saudi Arabia Drone Sensor Market by Application
11.4.7.2.4Saudi Arabia Drone Sensor Market by End-User
11.4.7.3U.A.E Drone Sensor Market
11.4.7.3.1U.A.E Drone Sensor Market by Sensor Type
11.4.7.3.2U.A.E Drone Sensor Market by Platform Type
11.4.7.3.3U.A.E Drone Sensor Market by Application
11.4.7.3.4U.A.E Drone Sensor Market by End-User
11.4.7.4Rest of Middle East and Africa Drone Sensor Market
11.4.7.4.1Rest of Middle East and Africa Drone Sensor Market by Sensor Type
11.4.7.4.2Rest of Middle East and Africa Drone Sensor Market by Platform Type
11.4.7.4.3Rest of Middle East and Africa Drone Sensor Market by Application
11.4.7.4.4Rest of Middle East and Africa Drone Sensor Market by End-User
11.5.SOUTH AND CENTRAL AMERICA
11.5.1South and Central America Drone Sensor Market Overview
11.5.2South and Central America Drone Sensor Market Forecasts and Analysis
11.5.3South and Central America Drone Sensor Market Forecasts and Analysis - By Sensor Type
11.5.4South and Central America Drone Sensor Market Forecasts and Analysis - By Platform Type
11.5.5South and Central America Drone Sensor Market Forecasts and Analysis - By Application
11.5.6South and Central America Drone Sensor Market Forecasts and Analysis - By End-User
11.5.7South and Central America Drone Sensor Market Forecasts and Analysis - By Countries
11.5.7.1Brazil Drone Sensor Market
11.5.7.1.1Brazil Drone Sensor Market by Sensor Type
11.5.7.1.2Brazil Drone Sensor Market by Platform Type
11.5.7.1.3Brazil Drone Sensor Market by Application
11.5.7.1.4Brazil Drone Sensor Market by End-User
11.5.7.2Argentina Drone Sensor Market
11.5.7.2.1Argentina Drone Sensor Market by Sensor Type
11.5.7.2.2Argentina Drone Sensor Market by Platform Type
11.5.7.2.3Argentina Drone Sensor Market by Application
11.5.7.2.4Argentina Drone Sensor Market by End-User
11.5.7.3Rest of South and Central America Drone Sensor Market
11.5.7.3.1Rest of South and Central America Drone Sensor Market by Sensor Type
11.5.7.3.2Rest of South and Central America Drone Sensor Market by Platform Type
11.5.7.3.3Rest of South and Central America Drone Sensor Market by Application
11.5.7.3.4Rest of South and Central America Drone Sensor Market by End-User

12.INDUSTRY LANDSCAPE
12.1.MERGERS AND ACQUISITIONS
12.2.AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
12.3.NEW PRODUCT LAUNCHES
12.4.EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS

13.DRONE SENSOR MARKET, KEY COMPANY PROFILES
13.1.AMS AG
13.1.1.Key Facts
13.1.2.Business Description
13.1.3.Products and Services
13.1.4.Financial Overview
13.1.5.SWOT Analysis
13.1.6.Key Developments
13.2.BOSCH SENSORTEC
13.2.1.Key Facts
13.2.2.Business Description
13.2.3.Products and Services
13.2.4.Financial Overview
13.2.5.SWOT Analysis
13.2.6.Key Developments
13.3.FLIR SYSTEMS
13.3.1.Key Facts
13.3.2.Business Description
13.3.3.Products and Services
13.3.4.Financial Overview
13.3.5.SWOT Analysis
13.3.6.Key Developments
13.4.KVH INDUSTRIES
13.4.1.Key Facts
13.4.2.Business Description
13.4.3.Products and Services
13.4.4.Financial Overview
13.4.5.SWOT Analysis
13.4.6.Key Developments
13.5.LORD MICROSTRAIN
13.5.1.Key Facts
13.5.2.Business Description
13.5.3.Products and Services
13.5.4.Financial Overview
13.5.5.SWOT Analysis
13.5.6.Key Developments
13.6.RAYTHEON
13.6.1.Key Facts
13.6.2.Business Description
13.6.3.Products and Services
13.6.4.Financial Overview
13.6.5.SWOT Analysis
13.6.6.Key Developments
13.7.SPARTON NAVEX
13.7.1.Key Facts
13.7.2.Business Description
13.7.3.Products and Services
13.7.4.Financial Overview
13.7.5.SWOT Analysis
13.7.6.Key Developments
13.8.TDK INVENSENSE
13.8.1.Key Facts
13.8.2.Business Description
13.8.3.Products and Services
13.8.4.Financial Overview
13.8.5.SWOT Analysis
13.8.6.Key Developments
13.9.TE CONNECTIVITY
13.9.1.Key Facts
13.9.2.Business Description
13.9.3.Products and Services
13.9.4.Financial Overview
13.9.5.SWOT Analysis
13.9.6.Key Developments
13.10.TRIMBLE
13.10.1.Key Facts
13.10.2.Business Description
13.10.3.Products and Services
13.10.4.Financial Overview
13.10.5.SWOT Analysis
13.10.6.Key Developments

14.APPENDIX
14.1.ABOUT THE INSIGHT PARTNERS
14.2.GLOSSARY OF TERMS
The List of Companies

1. AMS AG
2. Bosch Sensortec
3. Flir Systems
4. KVH Industries
5. Lord Microstrain
6. Raytheon
7. Sparton Navex
8. TDK Invensense
9. TE Connectivity
10. Trimble

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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