MARKET OVERVIEW
Metal foam is a cellular structure made up of a solid metal-containing a large volume fraction of gas-filled pores. The pores in metal foam can either be sealed or can be an interconnected network. Metal foam has very high porosity. They have high compression strengths combined with good energy absorption characteristics. Metal foams with high strengths can act as high-capacity impact-energy absorbers. In the automotive industry, metal foams can reduce the number of parts in the car frame, facilitate assembly, thereby reducing costs and improving performance.
MARKET SCOPE
The "Global Metal Foam Market Analysis to 2028" is a specialized and in-depth study of the chemicals and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of the metal foam market with detailed market segmentation by metal type, application, end-use industry and geography. The report provides key statistics on the market status of the metal foam market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
- Based on metal type, the global metal foam market is segmented into aluminum, nickel, copper, and others.
- Based on application , the market is bifurcated into heat exchangers, anti-intrusion bars, and others
- Based on end-use industry, the market is bifurcated into automotive, aerospace, construction, and others
MARKET DYNAMICS
Drivers:
- Increasing use of metal foam in the automotive industry due to the growing demand for high-performance and lightweight vehicles
- Rising demand for metal foam from various end-use industries such as construction, aerospace, and others
Restraints:
- Fluctuation in the price of a raw materials may create impact on the market growth
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 metal foam 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 metal foam in these regions.
IMPACT OF COVID-19 ON METAL FOAM MARKET
COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. 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.
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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 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 metal foam 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 metal foam in these regions.
IMPACT OF COVID-19 ON METAL FOAM MARKET
COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. 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.
MARKET PLAYERS
The report covers key developments in the metal foam 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 metal foam market are anticipated to witness lucrative growth opportunities in the future with the rising demand for metal foam in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the metal foam 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 Elements
- Nanoshel LLC
- Alantum
- Cnem Corporation
- hollomet GmbH
- CYMAT Technologies Ltd.
- ERG Aerospace Corp.
- Hunan Ted New Material Co.,Ltd.
- Shanghai Zhonghui foam Aluminum Co., Ltd.
- LIAONING RONTEC ADVANCED MATERIAL TECHNOLOGY CO., LTD.
- Ultramet
- FOAMTECH GLOBAL
- Nanorh
- ALUPOR
- Mott Corporation
- Mayser GmbH & Co. KG
- VIM Technology Ltd
- Aluminum King Co., Ltd
- ARITECH CHEMAZONE PVT LTD.
- BEIHAI Composite
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.
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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.
TABLE OF CONTENTS
1.INTRODUCTION
1.1.SCOPE OF THE STUDY
1.2.THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3.MARKET SEGMENTATION
1.3.1Metal Foam Market - By Metal Type
1.3.2Metal Foam Market - By Application
1.3.3Metal Foam Market - By End-Use Industry
1.3.4Metal Foam Market - By Region
1.3.4.1By Country
2.KEY TAKEAWAYS
3.RESEARCH METHODOLOGY
4.METAL FOAM 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.EXPERT OPINIONS
5.METAL FOAM 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.METAL FOAM MARKET - GLOBAL MARKET ANALYSIS
6.1.METAL FOAM - GLOBAL MARKET OVERVIEW
6.2.METAL FOAM - GLOBAL MARKET AND FORECAST TO 2028
6.3.MARKET POSITIONING
7.METAL FOAM MARKET - REVENUE AND FORECASTS TO 2028 - METAL TYPE
7.1.OVERVIEW
7.2.METAL TYPE MARKET FORECASTS AND ANALYSIS
7.3.ALUMINUM
7.3.1.Overview
7.3.2.Aluminum Market Forecast and Analysis
7.4.NICKEL
7.4.1.Overview
7.4.2.Nickel Market Forecast and Analysis
7.5.COPPER
7.5.1.Overview
7.5.2.Copper Market Forecast and Analysis
7.6.OTHERS
7.6.1.Overview
7.6.2.Others Market Forecast and Analysis
8.METAL FOAM MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
8.1.OVERVIEW
8.2.APPLICATION MARKET FORECASTS AND ANALYSIS
8.3.HEAT EXCHANGERS
8.3.1.Overview
8.3.2.Heat Exchangers Market Forecast and Analysis
8.4.ANTI-INTRUSION BARS
8.4.1.Overview
8.4.2.Anti-Intrusion Bars Market Forecast and Analysis
8.5.OTHERS
8.5.1.Overview
8.5.2.Others Market Forecast and Analysis
9.METAL FOAM MARKET - REVENUE AND FORECASTS TO 2028 - END-USE INDUSTRY
9.1.OVERVIEW
9.2.END-USE INDUSTRY MARKET FORECASTS AND ANALYSIS
9.3.AUTOMOTIVE
9.3.1.Overview
9.3.2.Automotive Market Forecast and Analysis
9.4.AEROSPACE
9.4.1.Overview
9.4.2.Aerospace Market Forecast and Analysis
9.5.CONSTRUCTION
9.5.1.Overview
9.5.2.Construction Market Forecast and Analysis
9.6.OTHERS
9.6.1.Overview
9.6.2.Others Market Forecast and Analysis
10.METAL FOAM MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
10.1.NORTH AMERICA
10.1.1North America Metal Foam Market Overview
10.1.2North America Metal Foam Market Forecasts and Analysis
10.1.3North America Metal Foam Market Forecasts and Analysis - By Metal Type
10.1.4North America Metal Foam Market Forecasts and Analysis - By Application
10.1.5North America Metal Foam Market Forecasts and Analysis - By End-Use Industry
10.1.6North America Metal Foam Market Forecasts and Analysis - By Countries
10.1.6.1United States Metal Foam Market
10.1.6.1.1United States Metal Foam Market by Metal Type
10.1.6.1.2United States Metal Foam Market by Application
10.1.6.1.3United States Metal Foam Market by End-Use Industry
10.1.6.2Canada Metal Foam Market
10.1.6.2.1Canada Metal Foam Market by Metal Type
10.1.6.2.2Canada Metal Foam Market by Application
10.1.6.2.3Canada Metal Foam Market by End-Use Industry
10.1.6.3Mexico Metal Foam Market
10.1.6.3.1Mexico Metal Foam Market by Metal Type
10.1.6.3.2Mexico Metal Foam Market by Application
10.1.6.3.3Mexico Metal Foam Market by End-Use Industry
10.2.EUROPE
10.2.1Europe Metal Foam Market Overview
10.2.2Europe Metal Foam Market Forecasts and Analysis
10.2.3Europe Metal Foam Market Forecasts and Analysis - By Metal Type
10.2.4Europe Metal Foam Market Forecasts and Analysis - By Application
10.2.5Europe Metal Foam Market Forecasts and Analysis - By End-Use Industry
10.2.6Europe Metal Foam Market Forecasts and Analysis - By Countries
10.2.6.1Germany Metal Foam Market
10.2.6.1.1Germany Metal Foam Market by Metal Type
10.2.6.1.2Germany Metal Foam Market by Application
10.2.6.1.3Germany Metal Foam Market by End-Use Industry
10.2.6.2France Metal Foam Market
10.2.6.2.1France Metal Foam Market by Metal Type
10.2.6.2.2France Metal Foam Market by Application
10.2.6.2.3France Metal Foam Market by End-Use Industry
10.2.6.3Italy Metal Foam Market
10.2.6.3.1Italy Metal Foam Market by Metal Type
10.2.6.3.2Italy Metal Foam Market by Application
10.2.6.3.3Italy Metal Foam Market by End-Use Industry
10.2.6.4United Kingdom Metal Foam Market
10.2.6.4.1United Kingdom Metal Foam Market by Metal Type
10.2.6.4.2United Kingdom Metal Foam Market by Application
10.2.6.4.3United Kingdom Metal Foam Market by End-Use Industry
10.2.6.5Russia Metal Foam Market
10.2.6.5.1Russia Metal Foam Market by Metal Type
10.2.6.5.2Russia Metal Foam Market by Application
10.2.6.5.3Russia Metal Foam Market by End-Use Industry
10.2.6.6Rest of Europe Metal Foam Market
10.2.6.6.1Rest of Europe Metal Foam Market by Metal Type
10.2.6.6.2Rest of Europe Metal Foam Market by Application
10.2.6.6.3Rest of Europe Metal Foam Market by End-Use Industry
10.3.ASIA-PACIFIC
10.3.1Asia-Pacific Metal Foam Market Overview
10.3.2Asia-Pacific Metal Foam Market Forecasts and Analysis
10.3.3Asia-Pacific Metal Foam Market Forecasts and Analysis - By Metal Type
10.3.4Asia-Pacific Metal Foam Market Forecasts and Analysis - By Application
10.3.5Asia-Pacific Metal Foam Market Forecasts and Analysis - By End-Use Industry
10.3.6Asia-Pacific Metal Foam Market Forecasts and Analysis - By Countries
10.3.6.1Australia Metal Foam Market
10.3.6.1.1Australia Metal Foam Market by Metal Type
10.3.6.1.2Australia Metal Foam Market by Application
10.3.6.1.3Australia Metal Foam Market by End-Use Industry
10.3.6.2China Metal Foam Market
10.3.6.2.1China Metal Foam Market by Metal Type
10.3.6.2.2China Metal Foam Market by Application
10.3.6.2.3China Metal Foam Market by End-Use Industry
10.3.6.3India Metal Foam Market
10.3.6.3.1India Metal Foam Market by Metal Type
10.3.6.3.2India Metal Foam Market by Application
10.3.6.3.3India Metal Foam Market by End-Use Industry
10.3.6.4Japan Metal Foam Market
10.3.6.4.1Japan Metal Foam Market by Metal Type
10.3.6.4.2Japan Metal Foam Market by Application
10.3.6.4.3Japan Metal Foam Market by End-Use Industry
10.3.6.5South Korea Metal Foam Market
10.3.6.5.1South Korea Metal Foam Market by Metal Type
10.3.6.5.2South Korea Metal Foam Market by Application
10.3.6.5.3South Korea Metal Foam Market by End-Use Industry
10.3.6.6Rest of Asia-Pacific Metal Foam Market
10.3.6.6.1Rest of Asia-Pacific Metal Foam Market by Metal Type
10.3.6.6.2Rest of Asia-Pacific Metal Foam Market by Application
10.3.6.6.3Rest of Asia-Pacific Metal Foam Market by End-Use Industry
10.4.MIDDLE EAST AND AFRICA
10.4.1Middle East and Africa Metal Foam Market Overview
10.4.2Middle East and Africa Metal Foam Market Forecasts and Analysis
10.4.3Middle East and Africa Metal Foam Market Forecasts and Analysis - By Metal Type
10.4.4Middle East and Africa Metal Foam Market Forecasts and Analysis - By Application
10.4.5Middle East and Africa Metal Foam Market Forecasts and Analysis - By End-Use Industry
10.4.6Middle East and Africa Metal Foam Market Forecasts and Analysis - By Countries
10.4.6.1South Africa Metal Foam Market
10.4.6.1.1South Africa Metal Foam Market by Metal Type
10.4.6.1.2South Africa Metal Foam Market by Application
10.4.6.1.3South Africa Metal Foam Market by End-Use Industry
10.4.6.2Saudi Arabia Metal Foam Market
10.4.6.2.1Saudi Arabia Metal Foam Market by Metal Type
10.4.6.2.2Saudi Arabia Metal Foam Market by Application
10.4.6.2.3Saudi Arabia Metal Foam Market by End-Use Industry
10.4.6.3U.A.E Metal Foam Market
10.4.6.3.1U.A.E Metal Foam Market by Metal Type
10.4.6.3.2U.A.E Metal Foam Market by Application
10.4.6.3.3U.A.E Metal Foam Market by End-Use Industry
10.4.6.4Rest of Middle East and Africa Metal Foam Market
10.4.6.4.1Rest of Middle East and Africa Metal Foam Market by Metal Type
10.4.6.4.2Rest of Middle East and Africa Metal Foam Market by Application
10.4.6.4.3Rest of Middle East and Africa Metal Foam Market by End-Use Industry
10.5.SOUTH AND CENTRAL AMERICA
10.5.1South and Central America Metal Foam Market Overview
10.5.2South and Central America Metal Foam Market Forecasts and Analysis
10.5.3South and Central America Metal Foam Market Forecasts and Analysis - By Metal Type
10.5.4South and Central America Metal Foam Market Forecasts and Analysis - By Application
10.5.5South and Central America Metal Foam Market Forecasts and Analysis - By End-Use Industry
10.5.6South and Central America Metal Foam Market Forecasts and Analysis - By Countries
10.5.6.1Brazil Metal Foam Market
10.5.6.1.1Brazil Metal Foam Market by Metal Type
10.5.6.1.2Brazil Metal Foam Market by Application
10.5.6.1.3Brazil Metal Foam Market by End-Use Industry
10.5.6.2Argentina Metal Foam Market
10.5.6.2.1Argentina Metal Foam Market by Metal Type
10.5.6.2.2Argentina Metal Foam Market by Application
10.5.6.2.3Argentina Metal Foam Market by End-Use Industry
10.5.6.3Rest of South and Central America Metal Foam Market
10.5.6.3.1Rest of South and Central America Metal Foam Market by Metal Type
10.5.6.3.2Rest of South and Central America Metal Foam Market by Application
10.5.6.3.3Rest of South and Central America Metal Foam Market by End-Use Industry
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.METAL FOAM MARKET, KEY COMPANY PROFILES
12.1.AMERICAN ELEMENTS
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.NANOSHEL LLC
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.ALANTUM
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.CNEM CORPORATION
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.HOLLOMET GMBH
12.5.1.Key Facts
12.5.2.Business Description
12.5.3.Products and Services
12.5.4.Financial Overview
12.5.5.SWOT Analysis
12.5.6.Key Developments
12.6.CYMAT TECHNOLOGIES LTD.
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.ERG AEROSPACE CORP.
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.HUNAN TED NEW MATERIAL CO.,LTD.
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.SHANGHAI ZHONGHUI FOAM ALUMINUM CO., LTD.
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.LIAONING RONTEC ADVANCED MATERIAL TECHNOLOGY CO., LTD.
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.ULTRAMET
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
12.12.FOAMTECH GLOBAL
12.12.1.Key Facts
12.12.2.Business Description
12.12.3.Products and Services
12.12.4.Financial Overview
12.12.5.SWOT Analysis
12.12.6.Key Developments
12.13.NANORH
12.13.1.Key Facts
12.13.2.Business Description
12.13.3.Products and Services
12.13.4.Financial Overview
12.13.5.SWOT Analysis
12.13.6.Key Developments
12.14.ALUPOR
12.14.1.Key Facts
12.14.2.Business Description
12.14.3.Products and Services
12.14.4.Financial Overview
12.14.5.SWOT Analysis
12.14.6.Key Developments
12.15.MOTT CORPORATION
12.15.1.Key Facts
12.15.2.Business Description
12.15.3.Products and Services
12.15.4.Financial Overview
12.15.5.SWOT Analysis
12.15.6.Key Developments
12.16.MAYSER GMBH AND CO. KG
12.16.1.Key Facts
12.16.2.Business Description
12.16.3.Products and Services
12.16.4.Financial Overview
12.16.5.SWOT Analysis
12.16.6.Key Developments
12.17.VIM TECHNOLOGY LTD
12.17.1.Key Facts
12.17.2.Business Description
12.17.3.Products and Services
12.17.4.Financial Overview
12.17.5.SWOT Analysis
12.17.6.Key Developments
12.18.ALUMINUM KING CO., LTD
12.18.1.Key Facts
12.18.2.Business Description
12.18.3.Products and Services
12.18.4.Financial Overview
12.18.5.SWOT Analysis
12.18.6.Key Developments
12.19.ARITECH CHEMAZONE PVT LTD.
12.19.1.Key Facts
12.19.2.Business Description
12.19.3.Products and Services
12.19.4.Financial Overview
12.19.5.SWOT Analysis
12.19.6.Key Developments
12.20.BEIHAI COMPOSITE
12.20.1.Key Facts
12.20.2.Business Description
12.20.3.Products and Services
12.20.4.Financial Overview
12.20.5.SWOT Analysis
12.20.6.Key Developments
13.APPENDIX
13.1.ABOUT THE INSIGHT PARTNERS
13.2.GLOSSARY OF TERMS
The List of Companies
- American Elements
- Nanoshel LLC
- Alantum
- Cnem Corporation
- hollomet GmbH
- CYMAT Technologies Ltd.
- ERG Aerospace Corp.
- Hunan Ted New Material Co.,Ltd.
- Shanghai Zhonghui foam Aluminum Co., Ltd.
- LIAONING RONTEC ADVANCED MATERIAL TECHNOLOGY CO., LTD.
- Ultramet
- FOAMTECH GLOBAL
- Nanorh
- ALUPOR
- Mott Corporation
- Mayser GmbH & Co. KG
- VIM Technology Ltd
- Aluminum King Co., Ltd
- ARITECH CHEMAZONE PVT LTD.
- BEIHAI Composite
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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