The extensive usage and adoption rate of laser plastic welding is a key catalyzer for laser plastic welding market. The continuously growing smaller and large component manufacturers across automotive industry, medical devices, and electronics, among others is generating substantial demand for laser plastic welding, which is supporting the growth of the laser plastic welding market. The demand for laser plastic welding is anticipated to witness pertaining to the rise in number of SMEs in the above mentioned industries.
MARKET DYNAMICS
Laser plastic welding is increasingly being deployed across industries, principally while manufacturing products that are produced of thermal-sensitive materials. In addition, laser plastic welding is gaining substantial traction in wide-area lamination, as the technology offers accurate patterns. These two factors are among the chief driving factors for laser plastic welding market. Asia-Pacific region is experiencing higher demand for the technology, and is expected to showcase much higher demand and procurement rate during the forecast period, which is anticipated to foster the laser plastic welding market.
MARKET SCOPE
The "Global Laser Plastic Welding Market Analysis to 2028" is a specialized and in-depth study of the electronics and semiconductor industry with a special focus on the global market trend analysis. The report aims to provide an overview of the laser plastic welding market with detailed market segmentation - type, industry, laser, and geography. The global laser plastic welding market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading laser plastic welding market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global laser plastic welding market is segmented on the basis of type, industry, laser. Based on type, the laser plastic welding market is segmented into standalone systems and integrate systems. On the basis of industry, the laser plastic welding market is segmented into automotive, consumer goods, electrical and electronics, healthcare, others. Based on laser, the laser plastic welding market is segmented into CO2 laser, diode laser, and fibre laser.
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 laser plastic welding market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The laser plastic welding 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 laser plastic welding 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 each region in the laser plastic welding market globally.
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The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global laser plastic welding market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The laser plastic welding 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 laser plastic welding 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 each region in the laser plastic welding market globally.
MARKET PLAYERS
The reports cover key developments in the laser plastic welding 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 players from laser plastic welding market are anticipated to lucrative growth opportunities in the future with the rising demand for laser plastic welding in the global market. Below mentioned is the list of few companies engaged in the laser plastic welding market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the laser plastic welding 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.
- American Industrial Company
- Dukane Corp.
- Dilas Diodelaser
- Hylax Technology
- Han's Laser Corporation
- Jenoptik
- LPKF Laser and Electronics
- LDM
- O.R. Lasertechnologie GmbH
- ROFIN
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
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Laser Plastic Welding Market - By Type
1.3.2 Laser Plastic Welding Market - By Industry
1.3.3 Laser Plastic Welding Market - By Laser
1.3.4 Laser Plastic Welding Market - By Region
1.3.4.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. LASER PLASTIC WELDING 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. LASER PLASTIC WELDING 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. LASER PLASTIC WELDING MARKET - GLOBAL MARKET ANALYSIS
6.1. LASER PLASTIC WELDING - GLOBAL MARKET OVERVIEW
6.2. LASER PLASTIC WELDING - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. LASER PLASTIC WELDING MARKET - REVENUE AND FORECASTS TO 2028 - TYPE
7.1. OVERVIEW
7.2. TYPE MARKET FORECASTS AND ANALYSIS
7.3. STANDALONE SYSTEM
7.3.1. Overview
7.3.2. Standalone System Market Forecast and Analysis
7.4. INTEGRATED SYSTEM
7.4.1. Overview
7.4.2. Integrated System Market Forecast and Analysis
8. LASER PLASTIC WELDING MARKET - REVENUE AND FORECASTS TO 2028 - INDUSTRY
8.1. OVERVIEW
8.2. INDUSTRY MARKET FORECASTS AND ANALYSIS
8.3. AUTOMOTIVE
8.3.1. Overview
8.3.2. Automotive Market Forecast and Analysis
8.4. CONSUMER GOODS
8.4.1. Overview
8.4.2. Consumer Goods Market Forecast and Analysis
8.5. ELECTRICAL AND ELECTRONICS
8.5.1. Overview
8.5.2. Electrical and Electronics Market Forecast and Analysis
8.6. HEALTHCARE
8.6.1. Overview
8.6.2. Healthcare Market Forecast and Analysis
8.7. OTHERS
8.7.1. Overview
8.7.2. Others Market Forecast and Analysis
9. LASER PLASTIC WELDING MARKET - REVENUE AND FORECASTS TO 2028 - LASER
9.1. OVERVIEW
9.2. LASER MARKET FORECASTS AND ANALYSIS
9.3. CO2 LASER
9.3.1. Overview
9.3.2. CO2 Laser Market Forecast and Analysis
9.4. DIODE LASER
9.4.1. Overview
9.4.2. Diode Laser Market Forecast and Analysis
9.5. FIBRE LASER
9.5.1. Overview
9.5.2. Fibre Laser Market Forecast and Analysis
10. LASER PLASTIC WELDING MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
10.1. NORTH AMERICA
10.1.1 North America Laser Plastic Welding Market Overview
10.1.2 North America Laser Plastic Welding Market Forecasts and Analysis
10.1.3 North America Laser Plastic Welding Market Forecasts and Analysis - By Type
10.1.4 North America Laser Plastic Welding Market Forecasts and Analysis - By Industry
10.1.5 North America Laser Plastic Welding Market Forecasts and Analysis - By Laser
10.1.6 North America Laser Plastic Welding Market Forecasts and Analysis - By Countries
10.1.6.1 United States Laser Plastic Welding Market
10.1.6.1.1 United States Laser Plastic Welding Market by Type
10.1.6.1.2 United States Laser Plastic Welding Market by Industry
10.1.6.1.3 United States Laser Plastic Welding Market by Laser
10.1.6.2 Canada Laser Plastic Welding Market
10.1.6.2.1 Canada Laser Plastic Welding Market by Type
10.1.6.2.2 Canada Laser Plastic Welding Market by Industry
10.1.6.2.3 Canada Laser Plastic Welding Market by Laser
10.1.6.3 Mexico Laser Plastic Welding Market
10.1.6.3.1 Mexico Laser Plastic Welding Market by Type
10.1.6.3.2 Mexico Laser Plastic Welding Market by Industry
10.1.6.3.3 Mexico Laser Plastic Welding Market by Laser
10.2. EUROPE
10.2.1 Europe Laser Plastic Welding Market Overview
10.2.2 Europe Laser Plastic Welding Market Forecasts and Analysis
10.2.3 Europe Laser Plastic Welding Market Forecasts and Analysis - By Type
10.2.4 Europe Laser Plastic Welding Market Forecasts and Analysis - By Industry
10.2.5 Europe Laser Plastic Welding Market Forecasts and Analysis - By Laser
10.2.6 Europe Laser Plastic Welding Market Forecasts and Analysis - By Countries
10.2.6.1 Germany Laser Plastic Welding Market
10.2.6.1.1 Germany Laser Plastic Welding Market by Type
10.2.6.1.2 Germany Laser Plastic Welding Market by Industry
10.2.6.1.3 Germany Laser Plastic Welding Market by Laser
10.2.6.2 France Laser Plastic Welding Market
10.2.6.2.1 France Laser Plastic Welding Market by Type
10.2.6.2.2 France Laser Plastic Welding Market by Industry
10.2.6.2.3 France Laser Plastic Welding Market by Laser
10.2.6.3 Italy Laser Plastic Welding Market
10.2.6.3.1 Italy Laser Plastic Welding Market by Type
10.2.6.3.2 Italy Laser Plastic Welding Market by Industry
10.2.6.3.3 Italy Laser Plastic Welding Market by Laser
10.2.6.4 United Kingdom Laser Plastic Welding Market
10.2.6.4.1 United Kingdom Laser Plastic Welding Market by Type
10.2.6.4.2 United Kingdom Laser Plastic Welding Market by Industry
10.2.6.4.3 United Kingdom Laser Plastic Welding Market by Laser
10.2.6.5 Russia Laser Plastic Welding Market
10.2.6.5.1 Russia Laser Plastic Welding Market by Type
10.2.6.5.2 Russia Laser Plastic Welding Market by Industry
10.2.6.5.3 Russia Laser Plastic Welding Market by Laser
10.2.6.6 Rest of Europe Laser Plastic Welding Market
10.2.6.6.1 Rest of Europe Laser Plastic Welding Market by Type
10.2.6.6.2 Rest of Europe Laser Plastic Welding Market by Industry
10.2.6.6.3 Rest of Europe Laser Plastic Welding Market by Laser
10.3. ASIA-PACIFIC
10.3.1 Asia-Pacific Laser Plastic Welding Market Overview
10.3.2 Asia-Pacific Laser Plastic Welding Market Forecasts and Analysis
10.3.3 Asia-Pacific Laser Plastic Welding Market Forecasts and Analysis - By Type
10.3.4 Asia-Pacific Laser Plastic Welding Market Forecasts and Analysis - By Industry
10.3.5 Asia-Pacific Laser Plastic Welding Market Forecasts and Analysis - By Laser
10.3.6 Asia-Pacific Laser Plastic Welding Market Forecasts and Analysis - By Countries
10.3.6.1 Australia Laser Plastic Welding Market
10.3.6.1.1 Australia Laser Plastic Welding Market by Type
10.3.6.1.2 Australia Laser Plastic Welding Market by Industry
10.3.6.1.3 Australia Laser Plastic Welding Market by Laser
10.3.6.2 China Laser Plastic Welding Market
10.3.6.2.1 China Laser Plastic Welding Market by Type
10.3.6.2.2 China Laser Plastic Welding Market by Industry
10.3.6.2.3 China Laser Plastic Welding Market by Laser
10.3.6.3 India Laser Plastic Welding Market
10.3.6.3.1 India Laser Plastic Welding Market by Type
10.3.6.3.2 India Laser Plastic Welding Market by Industry
10.3.6.3.3 India Laser Plastic Welding Market by Laser
10.3.6.4 Japan Laser Plastic Welding Market
10.3.6.4.1 Japan Laser Plastic Welding Market by Type
10.3.6.4.2 Japan Laser Plastic Welding Market by Industry
10.3.6.4.3 Japan Laser Plastic Welding Market by Laser
10.3.6.5 South Korea Laser Plastic Welding Market
10.3.6.5.1 South Korea Laser Plastic Welding Market by Type
10.3.6.5.2 South Korea Laser Plastic Welding Market by Industry
10.3.6.5.3 South Korea Laser Plastic Welding Market by Laser
10.3.6.6 Rest of Asia-Pacific Laser Plastic Welding Market
10.3.6.6.1 Rest of Asia-Pacific Laser Plastic Welding Market by Type
10.3.6.6.2 Rest of Asia-Pacific Laser Plastic Welding Market by Industry
10.3.6.6.3 Rest of Asia-Pacific Laser Plastic Welding Market by Laser
10.4. MIDDLE EAST AND AFRICA
10.4.1 Middle East and Africa Laser Plastic Welding Market Overview
10.4.2 Middle East and Africa Laser Plastic Welding Market Forecasts and Analysis
10.4.3 Middle East and Africa Laser Plastic Welding Market Forecasts and Analysis - By Type
10.4.4 Middle East and Africa Laser Plastic Welding Market Forecasts and Analysis - By Industry
10.4.5 Middle East and Africa Laser Plastic Welding Market Forecasts and Analysis - By Laser
10.4.6 Middle East and Africa Laser Plastic Welding Market Forecasts and Analysis - By Countries
10.4.6.1 South Africa Laser Plastic Welding Market
10.4.6.1.1 South Africa Laser Plastic Welding Market by Type
10.4.6.1.2 South Africa Laser Plastic Welding Market by Industry
10.4.6.1.3 South Africa Laser Plastic Welding Market by Laser
10.4.6.2 Saudi Arabia Laser Plastic Welding Market
10.4.6.2.1 Saudi Arabia Laser Plastic Welding Market by Type
10.4.6.2.2 Saudi Arabia Laser Plastic Welding Market by Industry
10.4.6.2.3 Saudi Arabia Laser Plastic Welding Market by Laser
10.4.6.3 U.A.E Laser Plastic Welding Market
10.4.6.3.1 U.A.E Laser Plastic Welding Market by Type
10.4.6.3.2 U.A.E Laser Plastic Welding Market by Industry
10.4.6.3.3 U.A.E Laser Plastic Welding Market by Laser
10.4.6.4 Rest of Middle East and Africa Laser Plastic Welding Market
10.4.6.4.1 Rest of Middle East and Africa Laser Plastic Welding Market by Type
10.4.6.4.2 Rest of Middle East and Africa Laser Plastic Welding Market by Industry
10.4.6.4.3 Rest of Middle East and Africa Laser Plastic Welding Market by Laser
10.5. SOUTH AND CENTRAL AMERICA
10.5.1 South and Central America Laser Plastic Welding Market Overview
10.5.2 South and Central America Laser Plastic Welding Market Forecasts and Analysis
10.5.3 South and Central America Laser Plastic Welding Market Forecasts and Analysis - By Type
10.5.4 South and Central America Laser Plastic Welding Market Forecasts and Analysis - By Industry
10.5.5 South and Central America Laser Plastic Welding Market Forecasts and Analysis - By Laser
10.5.6 South and Central America Laser Plastic Welding Market Forecasts and Analysis - By Countries
10.5.6.1 Brazil Laser Plastic Welding Market
10.5.6.1.1 Brazil Laser Plastic Welding Market by Type
10.5.6.1.2 Brazil Laser Plastic Welding Market by Industry
10.5.6.1.3 Brazil Laser Plastic Welding Market by Laser
10.5.6.2 Argentina Laser Plastic Welding Market
10.5.6.2.1 Argentina Laser Plastic Welding Market by Type
10.5.6.2.2 Argentina Laser Plastic Welding Market by Industry
10.5.6.2.3 Argentina Laser Plastic Welding Market by Laser
10.5.6.3 Rest of South and Central America Laser Plastic Welding Market
10.5.6.3.1 Rest of South and Central America Laser Plastic Welding Market by Type
10.5.6.3.2 Rest of South and Central America Laser Plastic Welding Market by Industry
10.5.6.3.3 Rest of South and Central America Laser Plastic Welding Market by Laser
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. LASER PLASTIC WELDING MARKET, KEY COMPANY PROFILES
12.1. AMERICAN INDUSTRIAL COMPANY
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. DUKANE CORP.
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. DILAS DIODELASER
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. HYLAX TECHNOLOGY
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. HAN'S LASER CORPORATION
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. JENOPTIK
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. LPKF LASER AND ELECTRONICS
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. LDM
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. O.R. LASERTECHNOLOGIE GMBH
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. ROFIN
12.10.1. Key Facts
12.10.2. Business Description
12.10.3. Products and Services
12.10.4. Financial Overview
12.10.5. SWOT Analysis
12.10.6. Key Developments
12.11. TRUMPF
12.11.1. Key Facts
12.11.2. Business Description
12.11.3. Products and Services
12.11.4. Financial Overview
12.11.5. SWOT Analysis
12.11.6. Key Developments
13. APPENDIX
13.1. ABOUT THE INSIGHT PARTNERS
13.2. GLOSSARY OF TERMS
1. American Industrial Company
2. Dukane Corp.
3. DILAS Diodelaser
4. Hylax Technology
5. Han's Laser Corporation
6. Jenoptik
7. LPKF Laser and Electronics
8. LDM
9. O.R. Lasertechnologie GmbH
10. Rofin
11. TRUMPF
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- 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.
- 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:
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.
- 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.
- 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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