A thermoelectric heat pump (THP) is an arrangement that uses an electrical current to produce a temperature alteration between the two sides of a module. The thermoelectric heat pump (THP) comprises thermoelectric modules (TEMs) and two heat sinks coupled to an energy-efficient building.
MARKET DYNAMICS
Simultaneous in heating and cooling of thermoelectric modules and benefits of thermoelectric modules over conventional systems are some of the major factors driving the growth of the thermoelectric heat pump market. Moreover, the concept of turning body heat into electricity is anticipated to bring new opportunities for the thermoelectric heat pump market.
MARKET SCOPE
The "Global Thermoelectric Heat Pump Market Analysis to 2028" is a specialized and in-depth study of the thermoelectric heat pump market with a special focus on the global market trend analysis. The report aims to provide an overview of thermoelectric heat pump market with detailed market segmentation by Technology, Type, Application, End-use. The global thermoelectric heat pump market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading thermoelectric heat pump market players and offers key trends and opportunities in the thermoelectric heat pump market.
MARKET SEGMENTATION
The global thermoelectric heat pump market is segmented on the basis of technology, type, application, end-use. On the basis of technology, the market is segmented as single stage, multi stage. On the basis of type, the market is segmented as bulk (standard), micro, thin-film. On the basis of application, the market is segmented as analytical instrumentation, automotive electronics and safety systems, refrigeration and cryogenics, thermal cycling, detectors, others. On the basis of end user, the market is segmented as aerospace and defense, automotive, consumer electronics, healthcare, food and beverages, energy and utility, others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global thermoelectric heat pump market based on various segments. It also provides market size and forecast estimates from year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The thermoelectric heat pump market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting thermoelectric heat pump market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the thermoelectric heat pump market in these regions.
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The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global thermoelectric heat pump market based on various segments. It also provides market size and forecast estimates from year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The thermoelectric heat pump market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting thermoelectric heat pump market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the thermoelectric heat pump market in these regions.
MARKET PLAYERS
The reports cover key developments in the thermoelectric heat pump market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from thermoelectric heat pump market are anticipated to lucrative growth opportunities in the future with the rising demand for thermoelectric heat pump market. Below mentioned is the list of few companies engaged in the thermoelectric heat pump market.
The report also includes the profiles of key thermoelectric heat pump market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
- P.A.Hilton Ltd
- II-VI Incorporated
- MAHLE GmbH
- Ferrotec (USA) Corporation.
- Phononic, Inc
- INHECO Industrial Heating & Cooling GmbH
- Laird Thermal Systems
- KRYOTHERM
- TE Technology, Inc.
- Armfield Limited
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
1.3.1Thermoelectric Heat Pumps Market - By Technology
1.3.2Thermoelectric Heat Pumps Market - By Type
1.3.3Thermoelectric Heat Pumps Market - By Application
1.3.4Thermoelectric Heat Pumps Market - By End-use
1.3.5Thermoelectric Heat Pumps Market - By Region
1.3.5.1By Country
2.KEY TAKEAWAYS
3.RESEARCH METHODOLOGY
4.THERMOELECTRIC HEAT PUMPS MARKET LANDSCAPE
4.1.OVERVIEW
4.2.PEST ANALYSIS
4.2.1North America - Pest Analysis
4.2.2Europe - Pest Analysis
4.2.3Asia-Pacific - Pest Analysis
4.2.4Middle East and Africa - Pest Analysis
4.2.5South and Central America - Pest Analysis
4.3.ECOSYSTEM ANALYSIS
4.4.EXPERT OPINIONS
5.THERMOELECTRIC HEAT PUMPS 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.THERMOELECTRIC HEAT PUMPS MARKET - GLOBAL MARKET ANALYSIS
6.1.THERMOELECTRIC HEAT PUMPS - GLOBAL MARKET OVERVIEW
6.2.THERMOELECTRIC HEAT PUMPS - GLOBAL MARKET AND FORECAST TO 2028
6.3.MARKET POSITIONING/MARKET SHARE
7.THERMOELECTRIC HEAT PUMPS MARKET - REVENUE AND FORECASTS TO 2028 â" TECHNOLOGY
7.1.OVERVIEW
7.2.TECHNOLOGY MARKET FORECASTS AND ANALYSIS
7.3.SINGLE STAGE
7.3.1.Overview
7.3.2.Single Stage Market Forecast and Analysis
7.4.MULTI STAGE
7.4.1.Overview
7.4.2.Multi Stage Market Forecast and Analysis
8.THERMOELECTRIC HEAT PUMPS MARKET - REVENUE AND FORECASTS TO 2028 â" TYPE
8.1.OVERVIEW
8.2.TYPE MARKET FORECASTS AND ANALYSIS
8.3.BULK (STANDARD)
8.3.1.Overview
8.3.2.Bulk (Standard) Market Forecast and Analysis
8.4.MICRO
8.4.1.Overview
8.4.2.Micro Market Forecast and Analysis
8.5.THIN-FILM
8.5.1.Overview
8.5.2.Thin-film Market Forecast and Analysis
9.THERMOELECTRIC HEAT PUMPS MARKET - REVENUE AND FORECASTS TO 2028 â" APPLICATION
9.1.OVERVIEW
9.2.APPLICATION MARKET FORECASTS AND ANALYSIS
9.3.ANALYTICAL INSTRUMENTATION
9.3.1.Overview
9.3.2.Analytical Instrumentation Market Forecast and Analysis
9.4.AUTOMOTIVE ELECTRONICS AND SAFETY SYSTEMS
9.4.1.Overview
9.4.2.Automotive Electronics and Safety Systems Market Forecast and Analysis
9.5.REFRIGERATION AND CRYOGENICS
9.5.1.Overview
9.5.2.Refrigeration and Cryogenics Market Forecast and Analysis
9.6.THERMAL CYCLING
9.6.1.Overview
9.6.2.Thermal Cycling Market Forecast and Analysis
9.7.DETECTORS
9.7.1.Overview
9.7.2.Detectors Market Forecast and Analysis
9.8.OTHERS
9.8.1.Overview
9.8.2.Others Market Forecast and Analysis
10.THERMOELECTRIC HEAT PUMPS MARKET - REVENUE AND FORECASTS TO 2028 â" END-USE
10.1.OVERVIEW
10.2.END-USE MARKET FORECASTS AND ANALYSIS
10.3.AEROSPACE AND DEFENSE
10.3.1.Overview
10.3.2.Aerospace and Defense Market Forecast and Analysis
10.4.AUTOMOTIVE
10.4.1.Overview
10.4.2.Automotive Market Forecast and Analysis
10.5.CONSUMER ELECTRONICS
10.5.1.Overview
10.5.2.Consumer Electronics Market Forecast and Analysis
10.6.HEALTHCARE
10.6.1.Overview
10.6.2.Healthcare Market Forecast and Analysis
10.7.FOOD AND BEVERAGES
10.7.1.Overview
10.7.2.Food and Beverages Market Forecast and Analysis
10.8.ENERGY AND UTILITY
10.8.1.Overview
10.8.2.Energy and Utility Market Forecast and Analysis
10.9.OTHERS
10.9.1.Overview
10.9.2.Others Market Forecast and Analysis
11.THERMOELECTRIC HEAT PUMPS MARKET REVENUE AND FORECASTS TO 2028 â" GEOGRAPHICAL ANALYSIS
11.1.NORTH AMERICA
11.1.1North America Thermoelectric Heat Pumps Market Overview
11.1.2North America Thermoelectric Heat Pumps Market Forecasts and Analysis
11.1.3North America Thermoelectric Heat Pumps Market Forecasts and Analysis - By Technology
11.1.4North America Thermoelectric Heat Pumps Market Forecasts and Analysis - By Type
11.1.5North America Thermoelectric Heat Pumps Market Forecasts and Analysis - By Application
11.1.6North America Thermoelectric Heat Pumps Market Forecasts and Analysis - By End-use
11.1.7North America Thermoelectric Heat Pumps Market Forecasts and Analysis - By Countries
11.1.7.1United States Thermoelectric Heat Pumps Market
11.1.7.1.1United States Thermoelectric Heat Pumps Market by Technology
11.1.7.1.2United States Thermoelectric Heat Pumps Market by Type
11.1.7.1.3United States Thermoelectric Heat Pumps Market by Application
11.1.7.1.4United States Thermoelectric Heat Pumps Market by End-use
11.1.7.2Canada Thermoelectric Heat Pumps Market
11.1.7.2.1Canada Thermoelectric Heat Pumps Market by Technology
11.1.7.2.2Canada Thermoelectric Heat Pumps Market by Type
11.1.7.2.3Canada Thermoelectric Heat Pumps Market by Application
11.1.7.2.4Canada Thermoelectric Heat Pumps Market by End-use
11.1.7.3Mexico Thermoelectric Heat Pumps Market
11.1.7.3.1Mexico Thermoelectric Heat Pumps Market by Technology
11.1.7.3.2Mexico Thermoelectric Heat Pumps Market by Type
11.1.7.3.3Mexico Thermoelectric Heat Pumps Market by Application
11.1.7.3.4Mexico Thermoelectric Heat Pumps Market by End-use
11.2.EUROPE
11.2.1Europe Thermoelectric Heat Pumps Market Overview
11.2.2Europe Thermoelectric Heat Pumps Market Forecasts and Analysis
11.2.3Europe Thermoelectric Heat Pumps Market Forecasts and Analysis - By Technology
11.2.4Europe Thermoelectric Heat Pumps Market Forecasts and Analysis - By Type
11.2.5Europe Thermoelectric Heat Pumps Market Forecasts and Analysis - By Application
11.2.6Europe Thermoelectric Heat Pumps Market Forecasts and Analysis - By End-use
11.2.7Europe Thermoelectric Heat Pumps Market Forecasts and Analysis - By Countries
11.2.7.1Germany Thermoelectric Heat Pumps Market
11.2.7.1.1Germany Thermoelectric Heat Pumps Market by Technology
11.2.7.1.2Germany Thermoelectric Heat Pumps Market by Type
11.2.7.1.3Germany Thermoelectric Heat Pumps Market by Application
11.2.7.1.4Germany Thermoelectric Heat Pumps Market by End-use
11.2.7.2France Thermoelectric Heat Pumps Market
11.2.7.2.1France Thermoelectric Heat Pumps Market by Technology
11.2.7.2.2France Thermoelectric Heat Pumps Market by Type
11.2.7.2.3France Thermoelectric Heat Pumps Market by Application
11.2.7.2.4France Thermoelectric Heat Pumps Market by End-use
11.2.7.3Italy Thermoelectric Heat Pumps Market
11.2.7.3.1Italy Thermoelectric Heat Pumps Market by Technology
11.2.7.3.2Italy Thermoelectric Heat Pumps Market by Type
11.2.7.3.3Italy Thermoelectric Heat Pumps Market by Application
11.2.7.3.4Italy Thermoelectric Heat Pumps Market by End-use
11.2.7.4United Kingdom Thermoelectric Heat Pumps Market
11.2.7.4.1United Kingdom Thermoelectric Heat Pumps Market by Technology
11.2.7.4.2United Kingdom Thermoelectric Heat Pumps Market by Type
11.2.7.4.3United Kingdom Thermoelectric Heat Pumps Market by Application
11.2.7.4.4United Kingdom Thermoelectric Heat Pumps Market by End-use
11.2.7.5Russia Thermoelectric Heat Pumps Market
11.2.7.5.1Russia Thermoelectric Heat Pumps Market by Technology
11.2.7.5.2Russia Thermoelectric Heat Pumps Market by Type
11.2.7.5.3Russia Thermoelectric Heat Pumps Market by Application
11.2.7.5.4Russia Thermoelectric Heat Pumps Market by End-use
11.2.7.6Rest of Europe Thermoelectric Heat Pumps Market
11.2.7.6.1Rest of Europe Thermoelectric Heat Pumps Market by Technology
11.2.7.6.2Rest of Europe Thermoelectric Heat Pumps Market by Type
11.2.7.6.3Rest of Europe Thermoelectric Heat Pumps Market by Application
11.2.7.6.4Rest of Europe Thermoelectric Heat Pumps Market by End-use
11.3.ASIA-PACIFIC
11.3.1Asia-Pacific Thermoelectric Heat Pumps Market Overview
11.3.2Asia-Pacific Thermoelectric Heat Pumps Market Forecasts and Analysis
11.3.3Asia-Pacific Thermoelectric Heat Pumps Market Forecasts and Analysis - By Technology
11.3.4Asia-Pacific Thermoelectric Heat Pumps Market Forecasts and Analysis - By Type
11.3.5Asia-Pacific Thermoelectric Heat Pumps Market Forecasts and Analysis - By Application
11.3.6Asia-Pacific Thermoelectric Heat Pumps Market Forecasts and Analysis - By End-use
11.3.7Asia-Pacific Thermoelectric Heat Pumps Market Forecasts and Analysis - By Countries
11.3.7.1Australia Thermoelectric Heat Pumps Market
11.3.7.1.1Australia Thermoelectric Heat Pumps Market by Technology
11.3.7.1.2Australia Thermoelectric Heat Pumps Market by Type
11.3.7.1.3Australia Thermoelectric Heat Pumps Market by Application
11.3.7.1.4Australia Thermoelectric Heat Pumps Market by End-use
11.3.7.2China Thermoelectric Heat Pumps Market
11.3.7.2.1China Thermoelectric Heat Pumps Market by Technology
11.3.7.2.2China Thermoelectric Heat Pumps Market by Type
11.3.7.2.3China Thermoelectric Heat Pumps Market by Application
11.3.7.2.4China Thermoelectric Heat Pumps Market by End-use
11.3.7.3India Thermoelectric Heat Pumps Market
11.3.7.3.1India Thermoelectric Heat Pumps Market by Technology
11.3.7.3.2India Thermoelectric Heat Pumps Market by Type
11.3.7.3.3India Thermoelectric Heat Pumps Market by Application
11.3.7.3.4India Thermoelectric Heat Pumps Market by End-use
11.3.7.4Japan Thermoelectric Heat Pumps Market
11.3.7.4.1Japan Thermoelectric Heat Pumps Market by Technology
11.3.7.4.2Japan Thermoelectric Heat Pumps Market by Type
11.3.7.4.3Japan Thermoelectric Heat Pumps Market by Application
11.3.7.4.4Japan Thermoelectric Heat Pumps Market by End-use
11.3.7.5South Korea Thermoelectric Heat Pumps Market
11.3.7.5.1South Korea Thermoelectric Heat Pumps Market by Technology
11.3.7.5.2South Korea Thermoelectric Heat Pumps Market by Type
11.3.7.5.3South Korea Thermoelectric Heat Pumps Market by Application
11.3.7.5.4South Korea Thermoelectric Heat Pumps Market by End-use
11.3.7.6Rest of Asia-Pacific Thermoelectric Heat Pumps Market
11.3.7.6.1Rest of Asia-Pacific Thermoelectric Heat Pumps Market by Technology
11.3.7.6.2Rest of Asia-Pacific Thermoelectric Heat Pumps Market by Type
11.3.7.6.3Rest of Asia-Pacific Thermoelectric Heat Pumps Market by Application
11.3.7.6.4Rest of Asia-Pacific Thermoelectric Heat Pumps Market by End-use
11.4.MIDDLE EAST AND AFRICA
11.4.1Middle East and Africa Thermoelectric Heat Pumps Market Overview
11.4.2Middle East and Africa Thermoelectric Heat Pumps Market Forecasts and Analysis
11.4.3Middle East and Africa Thermoelectric Heat Pumps Market Forecasts and Analysis - By Technology
11.4.4Middle East and Africa Thermoelectric Heat Pumps Market Forecasts and Analysis - By Type
11.4.5Middle East and Africa Thermoelectric Heat Pumps Market Forecasts and Analysis - By Application
11.4.6Middle East and Africa Thermoelectric Heat Pumps Market Forecasts and Analysis - By End-use
11.4.7Middle East and Africa Thermoelectric Heat Pumps Market Forecasts and Analysis - By Countries
11.4.7.1South Africa Thermoelectric Heat Pumps Market
11.4.7.1.1South Africa Thermoelectric Heat Pumps Market by Technology
11.4.7.1.2South Africa Thermoelectric Heat Pumps Market by Type
11.4.7.1.3South Africa Thermoelectric Heat Pumps Market by Application
11.4.7.1.4South Africa Thermoelectric Heat Pumps Market by End-use
11.4.7.2Saudi Arabia Thermoelectric Heat Pumps Market
11.4.7.2.1Saudi Arabia Thermoelectric Heat Pumps Market by Technology
11.4.7.2.2Saudi Arabia Thermoelectric Heat Pumps Market by Type
11.4.7.2.3Saudi Arabia Thermoelectric Heat Pumps Market by Application
11.4.7.2.4Saudi Arabia Thermoelectric Heat Pumps Market by End-use
11.4.7.3U.A.E Thermoelectric Heat Pumps Market
11.4.7.3.1U.A.E Thermoelectric Heat Pumps Market by Technology
11.4.7.3.2U.A.E Thermoelectric Heat Pumps Market by Type
11.4.7.3.3U.A.E Thermoelectric Heat Pumps Market by Application
11.4.7.3.4U.A.E Thermoelectric Heat Pumps Market by End-use
11.4.7.4Rest of Middle East and Africa Thermoelectric Heat Pumps Market
11.4.7.4.1Rest of Middle East and Africa Thermoelectric Heat Pumps Market by Technology
11.4.7.4.2Rest of Middle East and Africa Thermoelectric Heat Pumps Market by Type
11.4.7.4.3Rest of Middle East and Africa Thermoelectric Heat Pumps Market by Application
11.4.7.4.4Rest of Middle East and Africa Thermoelectric Heat Pumps Market by End-use
11.5.SOUTH AND CENTRAL AMERICA
11.5.1South and Central America Thermoelectric Heat Pumps Market Overview
11.5.2South and Central America Thermoelectric Heat Pumps Market Forecasts and Analysis
11.5.3South and Central America Thermoelectric Heat Pumps Market Forecasts and Analysis - By Technology
11.5.4South and Central America Thermoelectric Heat Pumps Market Forecasts and Analysis - By Type
11.5.5South and Central America Thermoelectric Heat Pumps Market Forecasts and Analysis - By Application
11.5.6South and Central America Thermoelectric Heat Pumps Market Forecasts and Analysis - By End-use
11.5.7South and Central America Thermoelectric Heat Pumps Market Forecasts and Analysis - By Countries
11.5.7.1Brazil Thermoelectric Heat Pumps Market
11.5.7.1.1Brazil Thermoelectric Heat Pumps Market by Technology
11.5.7.1.2Brazil Thermoelectric Heat Pumps Market by Type
11.5.7.1.3Brazil Thermoelectric Heat Pumps Market by Application
11.5.7.1.4Brazil Thermoelectric Heat Pumps Market by End-use
11.5.7.2Argentina Thermoelectric Heat Pumps Market
11.5.7.2.1Argentina Thermoelectric Heat Pumps Market by Technology
11.5.7.2.2Argentina Thermoelectric Heat Pumps Market by Type
11.5.7.2.3Argentina Thermoelectric Heat Pumps Market by Application
11.5.7.2.4Argentina Thermoelectric Heat Pumps Market by End-use
11.5.7.3Rest of South and Central America Thermoelectric Heat Pumps Market
11.5.7.3.1Rest of South and Central America Thermoelectric Heat Pumps Market by Technology
11.5.7.3.2Rest of South and Central America Thermoelectric Heat Pumps Market by Type
11.5.7.3.3Rest of South and Central America Thermoelectric Heat Pumps Market by Application
11.5.7.3.4Rest of South and Central America Thermoelectric Heat Pumps Market by End-use
12.INDUSTRY LANDSCAPE
12.1.MERGERS AND ACQUISITIONS
12.2.AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
12.3.NEW PRODUCT LAUNCHES
12.4.EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
13.THERMOELECTRIC HEAT PUMPS MARKET, KEY COMPANY PROFILES
13.1.P.A.HILTON LTD
13.1.1.Key Facts
13.1.2.Business Description
13.1.3.Products and Services
13.1.4.Financial Overview
13.1.5.SWOT Analysis
13.1.6.Key Developments
13.2.II-VI INCORPORATED
13.2.1.Key Facts
13.2.2.Business Description
13.2.3.Products and Services
13.2.4.Financial Overview
13.2.5.SWOT Analysis
13.2.6.Key Developments
13.3.MAHLE GMBH
13.3.1.Key Facts
13.3.2.Business Description
13.3.3.Products and Services
13.3.4.Financial Overview
13.3.5.SWOT Analysis
13.3.6.Key Developments
13.4.FERROTEC (USA) CORPORATION.
13.4.1.Key Facts
13.4.2.Business Description
13.4.3.Products and Services
13.4.4.Financial Overview
13.4.5.SWOT Analysis
13.4.6.Key Developments
13.5.PHONONIC, INC
13.5.1.Key Facts
13.5.2.Business Description
13.5.3.Products and Services
13.5.4.Financial Overview
13.5.5.SWOT Analysis
13.5.6.Key Developments
13.6.INHECO INDUSTRIAL HEATING AND COOLING GMBH
13.6.1.Key Facts
13.6.2.Business Description
13.6.3.Products and Services
13.6.4.Financial Overview
13.6.5.SWOT Analysis
13.6.6.Key Developments
13.7.LAIRD THERMAL SYSTEMS
13.7.1.Key Facts
13.7.2.Business Description
13.7.3.Products and Services
13.7.4.Financial Overview
13.7.5.SWOT Analysis
13.7.6.Key Developments
13.8.KRYOTHERM
13.8.1.Key Facts
13.8.2.Business Description
13.8.3.Products and Services
13.8.4.Financial Overview
13.8.5.SWOT Analysis
13.8.6.Key Developments
13.9.TE TECHNOLOGY, INC.
13.9.1.Key Facts
13.9.2.Business Description
13.9.3.Products and Services
13.9.4.Financial Overview
13.9.5.SWOT Analysis
13.9.6.Key Developments
13.10.ARMFIELD LIMITED
13.10.1.Key Facts
13.10.2.Business Description
13.10.3.Products and Services
13.10.4.Financial Overview
13.10.5.SWOT Analysis
13.10.6.Key Developments
14.APPENDIX
14.1.ABOUT THE INSIGHT PARTNERS
14.2.GLOSSARY OF TERMS
1. P.A.Hilton Ltd
2. II-VI Incorporated
3. MAHLE GmbH
4. Ferrotec (USA) Corporation.
5. Phononic, Inc
6. INHECO Industrial Heating and Cooling GmbH
7. Laird Thermal Systems
8. KRYOTHERM
9. TE Technology, Inc.
10. Armfield Limited
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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