Europe Motor Controller Market to Grow at a CAGR of 7.5% to reach US$ 1,369.05 million from 2021 to 2028

Europe Motor Controller Market Forecast to 2027 - COVID-19 Impact and Regional Analysis By Motor Type (AC Motor and DC Motor), Output Power Range (Below 0.5 HP, 0.6 - 1.0 HP, 1.0 - 3.0 HP, and Above 3.0 HP), Voltage Type (Below 1 kV Motors, 1 kV–6.6 kV Motors, and More than 6.6 kV Motors), and End-User (Industrial, Commercial, Residential, Agriculture, and Transportation)

  • Report Code : TIPRE00022096
  • Category : Electronics and Semiconductor
  • Status : Published
  • No. of Pages : 137
Buy Now

The Europe motor controller market is expected to grow from US$ 787.34 million in 2020 to US$ 1,369.05 million by 2028; it is estimated to grow at a CAGR of 7.5 % from 2021 to 2028.



The UK, Germany, France, Italy, and Russia are major economies in Europe. Surging investments in FMCG sector will drive the Europe motor controller market. A rising number of manufacturing plants in Europe owing to favorable government policies and skilled workers availability is bolstering the demand for motor controller. In addition, the availability of many rich talent pool of skilled workers, including researchers and engineers, at low costs is attracting global manufacturing players to set up their plants in several developing countries across Europe, which helps them lower their operational costs significantly. Further, rising consumption of fast-moving consumer goods in developing countries across Europe owing to the increased per capita income and growing populations is attracting goods manufacturers to set up factories in developing countries to address the local market demand. The growing number of manufacturing plants in these Europe countries is resulting in the elevated demand for motor controllers to ensure energy conservation throughout the operations, which will escalate the Europe motor controller market.

Further, in case of COVID-19, Europe is highly affected specially the UK. In Europe, several countries suffered the decline in business activities, especially in the manufacturing industries, due to low production of automation equipment in the first two quarters of 2020. Many of the European Union (EU) member states have imposed drastic measures on controlling manufacturing activities and partially closed their borders, which lowered the demand for automation in various industries. This is anticipated to hinder the motor controller market growth in Europe. The impact of COVID-19 varies from country to country in Europe; selective countries witnessed a surge in the number of confirmed cases, which subsequently led their governments to impose stringent lockdown for extended period; they also circulated stringent social isolation guidelines, which resulted in the disruption of consumer electronics businesses. The lockdown impositions are limiting the motor controller market in Europe due to disruptions in electric vehicle and other manufacturing industries across selected countries. However, several countries have begun to resume their manufacturing activities, which is supporting the motor controller market growth. Thus, the market is projected to recover steadily during the later forecast period.

With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the Europe motor controller market. The Europe motor controller market is expected to grow at a good CAGR during the forecast period.

  • Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
  • Request discounts available for Start-Ups & Universities

Europe Motor Controller Market Segmentation

Europe Motor Controller Market – By Motor Type

  • AC Motor
  • DC Motor
    • Brushed DC Motor
    • Brushless DC Motor

Europe Motor Controller Market – By Output Power Range

  • Below 0.5 HP
  • 0.6 - 1.0 HP
  • 1.0 - 3.0 HP
  • Above 3.0 HP

Europe Motor Controller Market – By Voltage Type

  • Below 1 kV Motors
  • 1 kV–6.6 kV Motors
  • More than 6.6 kV Motors

Europe Motor Controller Market – By End-User

  • Industrial
  • Commercial
  • Residential  
  • Agriculture  
  • Transportation

Europe Motor Controller Market, by Country

  • Germany
  • UK
  • France
  • Italy  
  • Russia
  • Rest of Europe

Europe Motor Controller Market -Companies Mentioned

  • ABB Ltd.
  • AMETEK Inc.
  • Eaton Corporation plc     
  • General Electric Company
  • Microchip Technology Inc.
  • Nidec Corporation 
  • Parker-Hannifin Corporation 
Report Coverage
Report Coverage

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

Segment Covered
Segment Covered

Motor Type, Output Power Range, Voltage Type, and End-User

Regional Scope
Regional Scope

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

Country Scope
Country Scope

UK, Germany, France, Italy, Russia

1. Introduction

1.1 Study Scope

1.2 The Insight Partners Research Report Guidance

1.3 Market Segmentation

2. Key Takeaways

3. Research Methodology

3.1 Coverage

3.2 Secondary Research

3.3 Primary Research

4. Europe Motor Controller Market Landscape

4.1 Market Overview

4.2 Europe PEST Analysis

4.3 Ecosystem Analysis

4.4 Expert Opinion

5. Europe Motor Controller Market – Key Market Dynamics

5.1 Market Drivers

5.1.1 Growing adoption of advanced and automated process in the factory and plants

5.1.2 Surging investments in FMCG sector

5.2 Market Restraints

5.2.1 High cost of of direct control (DC) motor

5.3 Market Opportunities

5.3.1 Rising adoption of industrial internet of things (IIoTs) in plants & factories

5.4 Future Trends

5.4.1 Burgeoning intelligent motor controller

5.5 Impact Analysis of Drivers and Restraints

6. Motor Controller Market – Europe Analysis

6.1 Overview

6.2 Europe Motor Controller Market Forecast and Analysis

7. Europe Motor Controller Market Analysis – By Motor Type

7.1 Overview

7.2 Europe Motor Controller Market, By Motor Type (2020 and 2028)

7.3 AC Motor

7.3.1 Overview

7.3.2 AC Motor: Motor Controller Market – Revenue and Forecast to 2028 (US$ Million)

7.4 DC Motor

7.4.1 Overview

7.4.2 DC Motor: Motor Controller Market – Revenue and Forecast to 2028 (US$ Million)

7.4.2.1 Brushed DC Motor Market

7.4.2.1.1 Overview

7.4.2.1.2 Brushed DC Motor Market Motor Controller Market Revenue and Forecast to 2028 (US$ Million)

7.4.2.2 Brushless DC Motor Market

7.4.2.2.1 Overview

7.4.2.2.2 Brushless DC Motor Market: Motor Controller Market Revenue and Forecast to 2028 (US$ Million)

8. Europe Motor Controller Market Analysis – By Output Power Range

8.1 Overview

8.2 Europe Motor Controller Market Breakdown, By Output Power Range, 2020 and 2028

8.3 Below 0.5 HP

8.3.1 Overview

8.3.2 Below 0.5 HP: Motor Controller Market Revenue and Forecast to 2028 (US$ Mn)

8.4 0.6 - 1.0 HP

8.4.1 Overview

8.4.2 0.6 - 1.0 HP: Motor Controller Market Revenue and Forecast to 2028 (US$ Mn)

8.5 1.0 - 3.0 HP

8.5.1 Overview

8.5.2 1.0 - 3.0 HP: Motor Controller Market Revenue and Forecast to 2028 (US$ Mn)

8.6 Above 3.0 HP

8.6.1 Overview

8.6.2 Above 3.0 HP: Motor Controller Market Revenue and Forecast to 2028 (US$ Mn)

9. Europe Motor Controller Market Analysis – By Voltage Type

9.1 Overview

9.2 Europe Motor Controller Market Breakdown, By Voltage Type, 2020 and 2028

9.3 Below 1 kV motors

9.3.1 Overview

9.3.2 Below 1 kV motors: Motor Controller Market Revenue and Forecast to 2028 (US$ Mn)

9.4 1 kV–6.6 kV motors

9.4.1 Overview

9.4.2 1 kV–6.6 kV motors: Motor Controller Market Revenue and Forecast to 2028 (US$ Mn)

9.5 More than 6.6 kV

9.5.1 Overview

9.5.2 More than 6.6 kV: Motor Controller Market Revenue and Forecast to 2028 (US$ Mn)

10. Europe Motor Controller Market Analysis – By End-User

10.1 Overview

10.2 Europe Motor Controller Market Breakdown, By End-User, 2020 and 2028

10.3 Industrial

10.3.1 Overview

10.3.2 Industrial: Motor Controller Market Revenue and Forecast to 2028 (US$ Mn)

10.4 Commercial

10.4.1 Overview

10.4.2 Commercial: Motor Controller Market Revenue and Forecast to 2028 (US$ Mn)

10.5 Residential

10.5.1 Overview

10.5.2 Residential: Motor Controller Market Revenue and Forecast to 2028 (US$ Mn)

10.6 Transportation

10.6.1 Overview

10.6.2 Transportation: Motor Controller Market Revenue and Forecast to 2028 (US$ Mn)

10.7 Agriculture

10.7.1 Overview

10.7.2 Agriculture: Motor Controller Market Revenue and Forecast to 2028 (US$ Mn)

11. Europe Motor Controller Market – Country Analysis

11.1 Overview

11.1.1 Europe: Motor Controller Market, by Key Country

11.1.1.1 UK: Motor Controller Market – Revenue and Forecast to 2028 (US$ Million)

11.1.1.1.1 UK: Motor Controller Market, by Motor Type

11.1.1.1.1.1 UK: Motor Controller Market, by DC Motor

11.1.1.1.2 UK: Motor Controller Market, by Output Power Range

11.1.1.1.3 UK: Motor Controller Market, by Voltage Type

11.1.1.1.4 UK: Motor Controller Market, by End User

11.1.1.2 Germany: Motor Controller Market – Revenue and Forecast to 2028 (US$ Million)

11.1.1.2.1 Germany: Motor Controller Market, by Motor Type

11.1.1.2.1.1 Germany: Motor Controller Market, by DC Motor

11.1.1.2.2 Germany: Motor Controller Market, by Output Power Range

11.1.1.2.3 Germany: Motor Controller Market, by Voltage Type

11.1.1.2.4 Germany: Motor Controller Market, by End User

11.1.1.3 France: Motor Controller Market – Revenue and Forecast to 2028 (US$ Million)

11.1.1.3.1 France: Motor Controller Market, by Motor Type

11.1.1.3.1.1 France: Motor Controller Market, by DC Motor

11.1.1.3.2 France: Motor Controller Market, by Output Power Range

11.1.1.3.3 France: Motor Controller Market, by Voltage Type

11.1.1.3.4 France: Motor Controller Market, by End User

11.1.1.4 Italy: Motor Controller Market – Revenue and Forecast to 2028 (US$ Million)

11.1.1.4.1 Italy: Motor Controller Market, by Motor Type

11.1.1.4.1.1 Italy: Motor Controller Market, by DC Motor

11.1.1.4.2 Italy: Motor Controller Market, by Output Power Range

11.1.1.4.3 Italy: Motor Controller Market, by Voltage Type

11.1.1.4.4 Italy: Motor Controller Market, by End User

11.1.1.5 Russia: Motor Controller Market – Revenue and Forecast to 2028 (US$ Million)

11.1.1.5.1 Russia: Motor Controller Market, by Motor Type

11.1.1.5.1.1 Russia: Motor Controller Market, by DC Motor

11.1.1.5.2 Russia: Motor Controller Market, by Output Power Range

11.1.1.5.3 Russia: Motor Controller Market, by Voltage Type

11.1.1.5.4 Russia: Motor Controller Market, by End User

11.1.1.6 Rest of Europe: Motor Controller Market – Revenue and Forecast to 2028 (US$ Million)

11.1.1.6.1 Rest of Europe: Motor Type Market, by Component

11.1.1.6.1.1 Rest of Europe: Motor Controller Market, by DC Motor

11.1.1.6.2 Rest of Europe: Motor Controller Market, by Output Power Range

11.1.1.6.3 Rest of Europe: Motor Controller Market, by Voltage Type

11.1.1.6.4 Rest of Europe: Motor Controller Market, by End User

12. Impact of COVID-19 Outbreak

12.1 Europe: Impact Assessment of COVID-19 Pandemic

13. Industry Landscape

13.1 Overview

13.2 Market Initiative

13.3 Merger and Acquisition

13.4 New Development

14. COMPANY PROFILES

14.1 ABB Ltd.

14.1.1 Key Facts

14.1.2 Business Description

14.1.3 Products and Services

14.1.4 Financial Overview

14.1.5 SWOT Analysis

14.1.6 Key Developments

14.2 AMETEK Inc.

14.2.1 Key Facts

14.2.2 Business Description

14.2.3 Products and Services

14.2.4 Financial Overview

14.2.5 SWOT Analysis

14.2.6 Key Developments

14.3 Eaton Corporation plc

14.3.1 Key Facts

14.3.2 Business Description

14.3.3 Products and Services

14.3.4 Financial Overview

14.3.5 SWOT Analysis

14.3.6 Key Developments

14.4 General Electric Company

14.4.1 Key Facts

14.4.2 Business Description

14.4.3 Products and Services

14.4.4 Financial Overview

14.4.5 SWOT Analysis

14.4.6 Key Developments

14.5 Microchip Technology Inc.

14.5.1 Key Facts

14.5.2 Business Description

14.5.3 Products and Services

14.5.4 Financial Overview

14.5.5 SWOT Analysis

14.5.6 Key Developments

14.6 Nidec Corporation

14.6.1 Key Facts

14.6.2 Business Description

14.6.3 Products and Services

14.6.4 Financial Overview

14.6.5 SWOT Analysis

14.6.6 Key Developments

14.7 Parker-Hannifin Corporation

14.7.1 Key Facts

14.7.2 Business Description

14.7.3 Products and Services

14.7.4 Financial Overview

14.7.5 SWOT Analysis

14.7.6 Key Developments

15. Appendix

15.1 About The Insight Partners

15.2 Word Index

LIST OF TABLES

Table 1. Europe Motor Controller Market – Revenue, and Forecast to 2028 (US$ Million)

Table 2. UK: Motor Controller Market, by Motor Type –Revenue and Forecast to 2028 (US$ Million)

Table 3. UK: Motor Controller Market, by DC Motor –Revenue and Forecast to 2028 (US$ Million)

Table 4. UK: Motor Controller Market, by Output Power Range –Revenue and Forecast to 2028 (US$ Million)

Table 5. UK: Motor Controller Market, by Voltage Type –Revenue and Forecast to 2028 (US$ Million)

Table 6. UK: Motor Controller Market, by End User –Revenue and Forecast to 2028 (US$ Million)

Table 7. Germany: Motor Controller Market, by Motor Type –Revenue and Forecast to 2028 (US$ Million)

Table 8. Germany: Motor Controller Market, by DC Motor –Revenue and Forecast to 2028 (US$ Million)

Table 9. Germany: Motor Controller Market, by Output Power Range –Revenue and Forecast to 2028 (US$ Million)

Table 10. Germany: Motor Controller Market, by Voltage Type –Revenue and Forecast to 2028 (US$ Million)

Table 11. Germany: Motor Controller Market, by End User –Revenue and Forecast to 2028 (US$ Million)

Table 12. France: Motor Controller Market, by Motor Type –Revenue and Forecast to 2028 (US$ Million)

Table 13. France: Motor Controller Market, by DC Motor –Revenue and Forecast to 2028 (US$ Million)

Table 14. France: Motor Controller Market, by Output Power Range –Revenue and Forecast to 2028 (US$ Million)

Table 15. France: Motor Controller Market, by Voltage Type –Revenue and Forecast to 2028 (US$ Million)

Table 16. France: Motor Controller Market, by End User –Revenue and Forecast to 2028 (US$ Million)

Table 17. Italy: Motor Controller Market, by Motor Type –Revenue and Forecast to 2028 (US$ Million)

Table 18. Italy: Motor Controller Market, by DC Motor –Revenue and Forecast to 2028 (US$ Million)

Table 19. Italy: Motor Controller Market, by Output Power Range –Revenue and Forecast to 2028 (US$ Million)

Table 20. Italy: Motor Controller Market, by Voltage Type –Revenue and Forecast to 2028 (US$ Million)

Table 21. Italy: Motor Controller Market, by End User –Revenue and Forecast to 2028 (US$ Million)

Table 22. Russia: Motor Controller Market, by Motor Type –Revenue and Forecast to 2028 (US$ Million)

Table 23. Russia: Motor Controller Market, by DC Motor –Revenue and Forecast to 2028 (US$ Million)

Table 24. Russia: Motor Controller Market, by Output Power Range –Revenue and Forecast to 2028 (US$ Million)

Table 25. Russia: Motor Controller Market, by Voltage Type –Revenue and Forecast to 2028 (US$ Million)

Table 26. Russia: Motor Controller Market, by End User –Revenue and Forecast to 2028 (US$ Million)

Table 27. Rest of Europe: Motor Controller Market, by Motor Type –Revenue and Forecast to 2028 (US$ Million)

Table 28. Rest of Europe: Motor Controller Market, by DC Motor –Revenue and Forecast to 2028 (US$ Million)

Table 29. Rest of Europe: Motor Controller Market, by Output Power Range –Revenue and Forecast to 2028 (US$ Million)

Table 30. Rest of Europe: Motor Controller Market, by Voltage Type –Revenue and Forecast to 2028 (US$ Million)

Table 31. Rest of Europe: Motor Controller Market, by End User –Revenue and Forecast to 2028 (US$ Million)

Table 32. List of Abbreviation

LIST OF FIGURES

Figure 1. Europe Motor Controller Market Segmentation

Figure 2. Europe Motor Controller Market Segmentation – By Country

Figure 3. Europe Motor Controller Market Overview

Figure 4. Europe Motor Controller Market, by Country

Figure 5. Europe Motor Controller Market, By Motor Type

Figure 6. Europe Motor Controller Market, By DC Motor

Figure 7. Europe Motor Controller Market, By Output Power Range

Figure 8. Europe Motor Controller Market, By End User

Figure 9. Europe – PEST Analysis

Figure 10. Europe Motor Controller Market – Ecosystem Analysis

Figure 11. Expert Opinion

Figure 12. Europe Motor Controller Market: Impact Analysis of Drivers and Restraints

Figure 13. Europe Motor Controller Market Forecast and Analysis to 2028, (US$ Mn)

Figure 14. Europe Motor Controller Market Revenue Share, by Motor Type (2020 and 2028)

Figure 15. Europe AC motor: Motor Controller Market – Revenue and Forecast to 2028 (US$ Million)

Figure 16. Europe DC Motor: Motor Controller Market – Revenue and Forecast to 2028 (US$ Million)

Figure 17. Europe Brushed DC Motor Controller Market Revenue and Forecast to 2028(US$ Million)

Figure 18. Europe Brushless DC Motor Market: Motor Controller Market Revenue and Forecast to 2028(US$ Million)

Figure 19. Europe Motor Controller Market Revenue Share, By Output Power Range (2020 and 2028)

Figure 20. Europe Below 0.5 HP: Motor Controller Market Revenue and Forecast to 2028(US$ Mn)

Figure 21. Europe 0.6 - 1.0 HP: Motor Controller Market Revenue and Forecast to 2028(US$ Mn)

Figure 22. Europe 1.0 - 3.0 HP: Motor Controller Market Revenue and Forecast to 2028(US$ Mn)

Figure 23. Europe Above 3.0 HP: Motor Controller Market Revenue and Forecast to 2028(US$ Mn)

Figure 24. Europe Motor Controller Market Revenue Share, By Voltage Type (2020 and 2028)

Figure 25. Europe Below 1 kV motors: Motor Controller Market Revenue and Forecast to 2028(US$ Mn)

Figure 26. Europe 1 kV–6.6 kV motors: Motor Controller Market Revenue and Forecast to 2028(US$ Mn)

Figure 27. Europe More than 6.6 kV: Motor Controller Market Revenue and Forecast to 2028(US$ Mn)

Figure 28. Europe Motor Controller Market Revenue Share, By End-User (2020 and 2028)

Figure 29. Europe Industrial: Motor Controller Market Revenue and Forecast to 2028(US$ Mn)

Figure 30. Europe Commercial: Motor Controller Market Revenue and Forecast to 2028(US$ Mn)

Figure 31. Europe Residential: Motor Controller Market Revenue and Forecast to 2028(US$ Mn)

Figure 32. Europe Transportation: Motor Controller Market Revenue and Forecast to 2028(US$ Mn)

Figure 33. Europe Agriculture: Motor Controller Market Revenue and Forecast to 2028(US$ Mn)

Figure 34. Europe: Motor Controller Market, by Key Country – Revenue (2020) (USD Million)

Figure 35. Europe: Motor Controller Market Revenue Share, by Key Country (2020 and 2028)

Figure 36. UK: Motor Controller Market – Revenue and Forecast to 2028 (US$ Million)

Figure 37. Germany: Motor Controller Market – Revenue and Forecast to 2028 (US$ Million)

Figure 38. France: Motor Controller Market – Revenue and Forecast to 2028 (US$ Million)

Figure 39. Italy: Motor Controller Market – Revenue and Forecast to 2028 (US$ Million)

Figure 40. Russia: Motor Controller Market – Revenue and Forecast to 2028 (US$ Million)

Figure 41. Rest of Europe: Motor Controller Market – Revenue and Forecast to 2028 (US$ Million)

Figure 42. Impact of COVID-19 Pandemic in Europe Country Markets

  1. ABB Ltd.
  2. AMETEK Inc.
  3. Eaton Corporation plc
  4. General Electric Company
  5. Microchip Technology Inc.
  6. Nidec Corporation
  7. Parker-Hannifin Corporation

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 Europe Motor Controller Market