Scooter is built to provide assistance to elder, disabled people or impaired individuals. These scooters works on rechargeable batteries for mobility. It is developed with the purpose to help people whose movement is constrained due to health issues, pain or age. Drivers for the growth of scooter market is, improvement in technology to develop equipment especially for elderly or disabled people like who are having knee problem plus easy to operate and transport because of its light weight, disassemble and folding function.
MARKET SCOPE
The "Global Scooter Market Analysis to 2028" is a specialized and in-depth study of the automotive and transportation industry with a special focus on the global market trend analysis. The report aims to provide an overview of the scooter market with detailed market segmentation by type of scooters, component, size, wheels, weight, and geography. The report provides key statistics on the market status of the leading scooter market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
- Based on type of scooter, the global Scooter market market is segmented into travel/folding, pavement, and road.
- On the basis of components, the market is segmented into Batteries, Driver & Motors, Electrical Components, Wheels and Others.
- On the basis of size, the market is segmented into classic, mid-size, and full-size.
- On the basis of wheels, the market is segmented into 2-wheels, 3-wheels, 4-wheels, and 5-wheels.
- On the basis of weight, the market is segmented into heavy, weight, and light weight.
MARKET DYNAMICS
Drivers:
- Low operating and maintenance costs
Restraints
- Lack of charging infrastructure
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 scooter 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 marketduring 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 Scooter market in these regions.
IMPACT OF COVID-19 ON SCOOTER 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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- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
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 scooter 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 marketduring 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 Scooter market in these regions.
IMPACT OF COVID-19 ON SCOOTER 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 scooter market 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 marketwere acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from Scooter market market are anticipated to lucrative growth opportunities in the future with the rising demand for Scooter market in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the Scooter 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.
- Afikim
- Amc Ltd.
- Amigo Mobility International, Inc.
- Golden Technologies
- Hoveround Corporation
- Pride Mobility Products Corp.
- Stars N Stripes Scooters
- TGA Mobility
- Van Os Medical B.V.
- Vermeiren Group
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 Scooter Market - By Type of Scooters
1.3.2 Scooter Market - By Components
1.3.3 Scooter Market - By Size
1.3.4 Scooter Market - By Wheels
1.3.5 Scooter Market - By Weight
1.3.6 Scooter Market - By Region
1.3.6.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. SCOOTER MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PORTER’S FIVE FORCES ANALYSIS
4.2.1 Bargaining Power of Buyers
4.2.1 Bargaining Power of Suppliers
4.2.1 Threat of Substitute
4.2.1 Threat of New Entrants
4.2.1 Competitive Rivalry
4.3. ECOSYSTEM ANALYSIS
4.4. EXPERT OPINIONS
5. SCOOTER 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. SCOOTER MARKET - GLOBAL MARKET ANALYSIS
6.1. SCOOTER - GLOBAL MARKET OVERVIEW
6.2. SCOOTER - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. SCOOTER MARKET - REVENUE AND FORECASTS TO 2028 - TYPE OF SCOOTERS
7.1. OVERVIEW
7.2. TYPE OF SCOOTERS MARKET FORECASTS AND ANALYSIS
7.3. TRAVEL/FOLDING
7.3.1. Overview
7.3.2. Travel/Folding Market Forecast and Analysis
7.4. PAVEMENT
7.4.1. Overview
7.4.2. Pavement Market Forecast and Analysis
7.5. ROAD
7.5.1. Overview
7.5.2. Road Market Forecast and Analysis
8. SCOOTER MARKET - REVENUE AND FORECASTS TO 2028 - COMPONENTS
8.1. OVERVIEW
8.2. COMPONENTS MARKET FORECASTS AND ANALYSIS
8.3. BATTERIES
8.3.1. Overview
8.3.2. Batteries Market Forecast and Analysis
8.4. DRIVER MOTORS
8.4.1. Overview
8.4.2. Driver Motors Market Forecast and Analysis
8.5. ELECTRICAL COMPONENTS
8.5.1. Overview
8.5.2. Electrical Components Market Forecast and Analysis
8.6. WHEELS
8.6.1. Overview
8.6.2. Wheels Market Forecast and Analysis
8.7. OTHERS
8.7.1. Overview
8.7.2. Others Market Forecast and Analysis
9. SCOOTER MARKET - REVENUE AND FORECASTS TO 2028 - SIZE
9.1. OVERVIEW
9.2. SIZE MARKET FORECASTS AND ANALYSIS
9.3. CLASSIC
9.3.1. Overview
9.3.2. Classic Market Forecast and Analysis
9.4. MID-SIZE
9.4.1. Overview
9.4.2. Mid-Size Market Forecast and Analysis
9.5. FULL-SIZE
9.5.1. Overview
9.5.2. Full-Size Market Forecast and Analysis
10. SCOOTER MARKET - REVENUE AND FORECASTS TO 2028 - WHEELS
10.1. OVERVIEW
10.2. WHEELS MARKET FORECASTS AND ANALYSIS
10.3. 2-WHEELS
10.3.1. Overview
10.3.2. 2-Wheels Market Forecast and Analysis
10.4. 3-WHEELS
10.4.1. Overview
10.4.2. 3-Wheels Market Forecast and Analysis
10.5. 4-WHEELS
10.5.1. Overview
10.5.2. 4-Wheels Market Forecast and Analysis
10.6. 5-WHEELS
10.6.1. Overview
10.6.2. 5-Wheels Market Forecast and Analysis
11. SCOOTER MARKET - REVENUE AND FORECASTS TO 2028 - WEIGHT
11.1. OVERVIEW
11.2. WEIGHT MARKET FORECASTS AND ANALYSIS
11.3. HEAVY WEIGHT
11.3.1. Overview
11.3.2. Heavy Weight Market Forecast and Analysis
11.4. LIGHT WEIGHT
11.4.1. Overview
11.4.2. Light Weight Market Forecast and Analysis
12. SCOOTER MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
12.1. NORTH AMERICA
12.1.1 North America Scooter Market Overview
12.1.2 North America Scooter Market Forecasts and Analysis
12.1.3 North America Scooter Market Forecasts and Analysis - By Type of Scooters
12.1.4 North America Scooter Market Forecasts and Analysis - By Components
12.1.5 North America Scooter Market Forecasts and Analysis - By Size
12.1.6 North America Scooter Market Forecasts and Analysis - By Wheels
12.1.7 North America Scooter Market Forecasts and Analysis - By Weight
12.1.8 North America Scooter Market Forecasts and Analysis - By Countries
12.1.8.1 United States Scooter Market
12.1.8.1.1 United States Scooter Market by Type of Scooters
12.1.8.1.2 United States Scooter Market by Components
12.1.8.1.3 United States Scooter Market by Size
12.1.8.1.4 United States Scooter Market by Wheels
12.1.8.1.5 United States Scooter Market by Weight
12.1.8.2 Canada Scooter Market
12.1.8.2.1 Canada Scooter Market by Type of Scooters
12.1.8.2.2 Canada Scooter Market by Components
12.1.8.2.3 Canada Scooter Market by Size
12.1.8.2.4 Canada Scooter Market by Wheels
12.1.8.2.5 Canada Scooter Market by Weight
12.1.8.3 Mexico Scooter Market
12.1.8.3.1 Mexico Scooter Market by Type of Scooters
12.1.8.3.2 Mexico Scooter Market by Components
12.1.8.3.3 Mexico Scooter Market by Size
12.1.8.3.4 Mexico Scooter Market by Wheels
12.1.8.3.5 Mexico Scooter Market by Weight
12.2. EUROPE
12.2.1 Europe Scooter Market Overview
12.2.2 Europe Scooter Market Forecasts and Analysis
12.2.3 Europe Scooter Market Forecasts and Analysis - By Type of Scooters
12.2.4 Europe Scooter Market Forecasts and Analysis - By Components
12.2.5 Europe Scooter Market Forecasts and Analysis - By Size
12.2.6 Europe Scooter Market Forecasts and Analysis - By Wheels
12.2.7 Europe Scooter Market Forecasts and Analysis - By Weight
12.2.8 Europe Scooter Market Forecasts and Analysis - By Countries
12.2.8.1 Germany Scooter Market
12.2.8.1.1 Germany Scooter Market by Type of Scooters
12.2.8.1.2 Germany Scooter Market by Components
12.2.8.1.3 Germany Scooter Market by Size
12.2.8.1.4 Germany Scooter Market by Wheels
12.2.8.1.5 Germany Scooter Market by Weight
12.2.8.2 France Scooter Market
12.2.8.2.1 France Scooter Market by Type of Scooters
12.2.8.2.2 France Scooter Market by Components
12.2.8.2.3 France Scooter Market by Size
12.2.8.2.4 France Scooter Market by Wheels
12.2.8.2.5 France Scooter Market by Weight
12.2.8.3 Italy Scooter Market
12.2.8.3.1 Italy Scooter Market by Type of Scooters
12.2.8.3.2 Italy Scooter Market by Components
12.2.8.3.3 Italy Scooter Market by Size
12.2.8.3.4 Italy Scooter Market by Wheels
12.2.8.3.5 Italy Scooter Market by Weight
12.2.8.4 United Kingdom Scooter Market
12.2.8.4.1 United Kingdom Scooter Market by Type of Scooters
12.2.8.4.2 United Kingdom Scooter Market by Components
12.2.8.4.3 United Kingdom Scooter Market by Size
12.2.8.4.4 United Kingdom Scooter Market by Wheels
12.2.8.4.5 United Kingdom Scooter Market by Weight
12.2.8.5 Russia Scooter Market
12.2.8.5.1 Russia Scooter Market by Type of Scooters
12.2.8.5.2 Russia Scooter Market by Components
12.2.8.5.3 Russia Scooter Market by Size
12.2.8.5.4 Russia Scooter Market by Wheels
12.2.8.5.5 Russia Scooter Market by Weight
12.2.8.6 Rest of Europe Scooter Market
12.2.8.6.1 Rest of Europe Scooter Market by Type of Scooters
12.2.8.6.2 Rest of Europe Scooter Market by Components
12.2.8.6.3 Rest of Europe Scooter Market by Size
12.2.8.6.4 Rest of Europe Scooter Market by Wheels
12.2.8.6.5 Rest of Europe Scooter Market by Weight
12.3. ASIA-PACIFIC
12.3.1 Asia-Pacific Scooter Market Overview
12.3.2 Asia-Pacific Scooter Market Forecasts and Analysis
12.3.3 Asia-Pacific Scooter Market Forecasts and Analysis - By Type of Scooters
12.3.4 Asia-Pacific Scooter Market Forecasts and Analysis - By Components
12.3.5 Asia-Pacific Scooter Market Forecasts and Analysis - By Size
12.3.6 Asia-Pacific Scooter Market Forecasts and Analysis - By Wheels
12.3.7 Asia-Pacific Scooter Market Forecasts and Analysis - By Weight
12.3.8 Asia-Pacific Scooter Market Forecasts and Analysis - By Countries
12.3.8.1 Australia Scooter Market
12.3.8.1.1 Australia Scooter Market by Type of Scooters
12.3.8.1.2 Australia Scooter Market by Components
12.3.8.1.3 Australia Scooter Market by Size
12.3.8.1.4 Australia Scooter Market by Wheels
12.3.8.1.5 Australia Scooter Market by Weight
12.3.8.2 China Scooter Market
12.3.8.2.1 China Scooter Market by Type of Scooters
12.3.8.2.2 China Scooter Market by Components
12.3.8.2.3 China Scooter Market by Size
12.3.8.2.4 China Scooter Market by Wheels
12.3.8.2.5 China Scooter Market by Weight
12.3.8.3 India Scooter Market
12.3.8.3.1 India Scooter Market by Type of Scooters
12.3.8.3.2 India Scooter Market by Components
12.3.8.3.3 India Scooter Market by Size
12.3.8.3.4 India Scooter Market by Wheels
12.3.8.3.5 India Scooter Market by Weight
12.3.8.4 Japan Scooter Market
12.3.8.4.1 Japan Scooter Market by Type of Scooters
12.3.8.4.2 Japan Scooter Market by Components
12.3.8.4.3 Japan Scooter Market by Size
12.3.8.4.4 Japan Scooter Market by Wheels
12.3.8.4.5 Japan Scooter Market by Weight
12.3.8.5 South Korea Scooter Market
12.3.8.5.1 South Korea Scooter Market by Type of Scooters
12.3.8.5.2 South Korea Scooter Market by Components
12.3.8.5.3 South Korea Scooter Market by Size
12.3.8.5.4 South Korea Scooter Market by Wheels
12.3.8.5.5 South Korea Scooter Market by Weight
12.3.8.6 Rest of Asia-Pacific Scooter Market
12.3.8.6.1 Rest of Asia-Pacific Scooter Market by Type of Scooters
12.3.8.6.2 Rest of Asia-Pacific Scooter Market by Components
12.3.8.6.3 Rest of Asia-Pacific Scooter Market by Size
12.3.8.6.4 Rest of Asia-Pacific Scooter Market by Wheels
12.3.8.6.5 Rest of Asia-Pacific Scooter Market by Weight
12.4. MIDDLE EAST AND AFRICA
12.4.1 Middle East and Africa Scooter Market Overview
12.4.2 Middle East and Africa Scooter Market Forecasts and Analysis
12.4.3 Middle East and Africa Scooter Market Forecasts and Analysis - By Type of Scooters
12.4.4 Middle East and Africa Scooter Market Forecasts and Analysis - By Components
12.4.5 Middle East and Africa Scooter Market Forecasts and Analysis - By Size
12.4.6 Middle East and Africa Scooter Market Forecasts and Analysis - By Wheels
12.4.7 Middle East and Africa Scooter Market Forecasts and Analysis - By Weight
12.4.8 Middle East and Africa Scooter Market Forecasts and Analysis - By Countries
12.4.8.1 South Africa Scooter Market
12.4.8.1.1 South Africa Scooter Market by Type of Scooters
12.4.8.1.2 South Africa Scooter Market by Components
12.4.8.1.3 South Africa Scooter Market by Size
12.4.8.1.4 South Africa Scooter Market by Wheels
12.4.8.1.5 South Africa Scooter Market by Weight
12.4.8.2 Saudi Arabia Scooter Market
12.4.8.2.1 Saudi Arabia Scooter Market by Type of Scooters
12.4.8.2.2 Saudi Arabia Scooter Market by Components
12.4.8.2.3 Saudi Arabia Scooter Market by Size
12.4.8.2.4 Saudi Arabia Scooter Market by Wheels
12.4.8.2.5 Saudi Arabia Scooter Market by Weight
12.4.8.3 U.A.E Scooter Market
12.4.8.3.1 U.A.E Scooter Market by Type of Scooters
12.4.8.3.2 U.A.E Scooter Market by Components
12.4.8.3.3 U.A.E Scooter Market by Size
12.4.8.3.4 U.A.E Scooter Market by Wheels
12.4.8.3.5 U.A.E Scooter Market by Weight
12.4.8.4 Rest of Middle East and Africa Scooter Market
12.4.8.4.1 Rest of Middle East and Africa Scooter Market by Type of Scooters
12.4.8.4.2 Rest of Middle East and Africa Scooter Market by Components
12.4.8.4.3 Rest of Middle East and Africa Scooter Market by Size
12.4.8.4.4 Rest of Middle East and Africa Scooter Market by Wheels
12.4.8.4.5 Rest of Middle East and Africa Scooter Market by Weight
12.5. SOUTH AND CENTRAL AMERICA
12.5.1 South and Central America Scooter Market Overview
12.5.2 South and Central America Scooter Market Forecasts and Analysis
12.5.3 South and Central America Scooter Market Forecasts and Analysis - By Type of Scooters
12.5.4 South and Central America Scooter Market Forecasts and Analysis - By Components
12.5.5 South and Central America Scooter Market Forecasts and Analysis - By Size
12.5.6 South and Central America Scooter Market Forecasts and Analysis - By Wheels
12.5.7 South and Central America Scooter Market Forecasts and Analysis - By Weight
12.5.8 South and Central America Scooter Market Forecasts and Analysis - By Countries
12.5.8.1 Brazil Scooter Market
12.5.8.1.1 Brazil Scooter Market by Type of Scooters
12.5.8.1.2 Brazil Scooter Market by Components
12.5.8.1.3 Brazil Scooter Market by Size
12.5.8.1.4 Brazil Scooter Market by Wheels
12.5.8.1.5 Brazil Scooter Market by Weight
12.5.8.2 Argentina Scooter Market
12.5.8.2.1 Argentina Scooter Market by Type of Scooters
12.5.8.2.2 Argentina Scooter Market by Components
12.5.8.2.3 Argentina Scooter Market by Size
12.5.8.2.4 Argentina Scooter Market by Wheels
12.5.8.2.5 Argentina Scooter Market by Weight
12.5.8.3 Rest of South and Central America Scooter Market
12.5.8.3.1 Rest of South and Central America Scooter Market by Type of Scooters
12.5.8.3.2 Rest of South and Central America Scooter Market by Components
12.5.8.3.3 Rest of South and Central America Scooter Market by Size
12.5.8.3.4 Rest of South and Central America Scooter Market by Wheels
12.5.8.3.5 Rest of South and Central America Scooter Market by Weight
13. INDUSTRY LANDSCAPE
13.1. MERGERS AND ACQUISITIONS
13.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
13.3. NEW PRODUCT LAUNCHES
13.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
14. SCOOTER MARKET, KEY COMPANY PROFILES
14.1. AFIKIM
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. AMC LTD.
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. AMIGO MOBILITY INTERNATIONAL, INC.
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. GOLDEN TECHNOLOGIES
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. HOVEROUND CORPORATION
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. PRIDE MOBILITY PRODUCTS CORP.
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. STARS N STRIPES SCOOTERS
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
14.8. TGA MOBILITY
14.8.1. Key Facts
14.8.2. Business Description
14.8.3. Products and Services
14.8.4. Financial Overview
14.8.5. SWOT Analysis
14.8.6. Key Developments
14.9. VAN OS MEDICAL B.V.
14.9.1. Key Facts
14.9.2. Business Description
14.9.3. Products and Services
14.9.4. Financial Overview
14.9.5. SWOT Analysis
14.9.6. Key Developments
14.10. VERMEIREN GROUP
14.10.1. Key Facts
14.10.2. Business Description
14.10.3. Products and Services
14.10.4. Financial Overview
14.10.5. SWOT Analysis
14.10.6. Key Developments
15. APPENDIX
15.1. ABOUT THE INSIGHT PARTNERS
15.2. GLOSSARY OF TERMS
1. Afikim
2. Amc Ltd.
3. Amigo Mobility International, Inc.
4. Golden Technologies
5. Hoveround Corporation
6. Pride Mobility Products Corp.
7. Stars N Stripes Scooters
8. TGA Mobility
9. Van Os Medical B.V.
10. Vermeiren Group
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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