Transport Lighting Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

Coverage: Transport Lighting Market covers analysis By Light Source (LED, HID, Fluorescent); Offering (Lamps and Luminaires, Control Systems, Software and Services); Installation Type (New Installation, Retrofit Installation/Replacement Installation); Application (Stations, Rail Yards, Airport, Harbour/Port) , and Geography (North America, Europe, Asia Pacific, and South and Central America)

  • Report Code : TIPRE00025681
  • Category : Electronics and Semiconductor
  • Status : Upcoming
  • No. of Pages : 150
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MARKET INTRODUCTION

Transport lighting are important for ensuring a safe and efficiently managed transport infrastructure. The increasing penetration of LED lighting in the automotive industry coupled with growing sales of passenger cars and commercial vehicles is expected to drive the market growth over the forecast period.

MARKET DYNAMICS

Increased adoption of solar powered LED lighting solutions is driving the transport lighting market. The high capital investments for smart lighting may restrain the growth of the transport lighting market. Furthermore, increasing adoption of smart city infrastructure is anticipated to create market opportunities for the transport lighting market during the forecast period.

MARKET SCOPE

The "Global transport lighting market Analysis to 2028" is a specialized and in-depth study of the transport lighting market with a special focus on the global market trend analysis. The report aims to provide an overview of transport lighting market with detailed market segmentation by light source, offering, installation type, application, and geography. The global transport lighting market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading transport lighting market players and offers key trends and opportunities in the transport lighting market.

MARKET SEGMENTATION

The global transport lighting market is segmented on the basis of light source, offering, installation type, and application. On the basis of lighting source the market is segmented into LED, HID, fluorescent. Based on offering the market is segmented into lamps and luminaires, control systems, and software and services. On the basis of installation type the market is segmented into new installation and retrofit installation/replacement installation. On the basis of application the market is segmented into station, rail yards, airport, and harbor/port.

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 transport lighting market based on various segments. It also provides market size and forecast estimates from year 2017 to 2027 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The transport lighting 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 transport lighting 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 transport lighting market in these regions.

World Geography

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MARKET PLAYERS


The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global transport lighting market based on various segments. It also provides market size and forecast estimates from year 2017 to 2027 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The transport lighting 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 transport lighting 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 transport lighting market in these regions.

MARKET PLAYERS

The reports cover key developments in the transport lighting 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 transport lighting market are anticipated to lucrative growth opportunities in the future with the rising demand for transport lighting market. Below mentioned is the list of few companies engaged in the transport lighting market.

The report also includes the profiles of key transport lighting 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.

  •   Abacus
  •   Signify Holding
  •   OSRAM Licht AG
  •   Eaton Corporation
  •   GE Lighting (Division of Savant Systems)
  •   Hubbell Inc.
  •   Syska LED Lights Pvt. Ltd
  •   LED roadway lighting Ltd
  •   Midstream Ltd.
  •   Acuity Brands, Inc.

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
Report Coverage

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

Segment Covered
Segment Covered

This text is related
to segments covered.

Regional Scope
Regional Scope

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

Country Scope
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
1.3.1 Transport Lighting Market - By Light Source
1.3.2 Transport Lighting Market - By Offering
1.3.3 Transport Lighting Market - By Installation Type
1.3.4 Transport Lighting Market - By Application
1.3.5 Transport Lighting Market - By Region
1.3.5.1 By Country

2. KEY TAKEAWAYS

3. RESEARCH METHODOLOGY

4. TRANSPORT LIGHTING 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. TRANSPORT LIGHTING 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. TRANSPORT LIGHTING MARKET - GLOBAL MARKET ANALYSIS
6.1. TRANSPORT LIGHTING - GLOBAL MARKET OVERVIEW
6.2. TRANSPORT LIGHTING - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE

7. TRANSPORT LIGHTING MARKET - REVENUE AND FORECASTS TO 2028 - LIGHT SOURCE
7.1. OVERVIEW
7.2. LIGHT SOURCE MARKET FORECASTS AND ANALYSIS
7.3. LED
7.3.1. Overview
7.3.2. LED Market Forecast and Analysis
7.4. HID
7.4.1. Overview
7.4.2. HID Market Forecast and Analysis
7.5. FLUORESCENT
7.5.1. Overview
7.5.2. Fluorescent Market Forecast and Analysis
8. TRANSPORT LIGHTING MARKET - REVENUE AND FORECASTS TO 2028 - OFFERING
8.1. OVERVIEW
8.2. OFFERING MARKET FORECASTS AND ANALYSIS
8.3. LAMPS AND LUMINAIRES
8.3.1. Overview
8.3.2. Lamps and Luminaires Market Forecast and Analysis
8.4. CONTROL SYSTEMS
8.4.1. Overview
8.4.2. Control Systems Market Forecast and Analysis
8.5. SOFTWARE AND SERVICES
8.5.1. Overview
8.5.2. Software and Services Market Forecast and Analysis
9. TRANSPORT LIGHTING MARKET - REVENUE AND FORECASTS TO 2028 - INSTALLATION TYPE
9.1. OVERVIEW
9.2. INSTALLATION TYPE MARKET FORECASTS AND ANALYSIS
9.3. NEW INSTALLATION
9.3.1. Overview
9.3.2. New Installation Market Forecast and Analysis
9.4. RETROFIT INSTALLATION/REPLACEMENT INSTALLATION
9.4.1. Overview
9.4.2. Retrofit Installation/Replacement Installation Market Forecast and Analysis
10. TRANSPORT LIGHTING MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
10.1. OVERVIEW
10.2. APPLICATION MARKET FORECASTS AND ANALYSIS
10.3. STATIONS
10.3.1. Overview
10.3.2. Stations Market Forecast and Analysis
10.4. RAIL YARDS
10.4.1. Overview
10.4.2. Rail Yards Market Forecast and Analysis
10.5. AIRPORT
10.5.1. Overview
10.5.2. Airport Market Forecast and Analysis
10.6. HARBOUR/PORT
10.6.1. Overview
10.6.2. Harbour/Port Market Forecast and Analysis

11. TRANSPORT LIGHTING MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
11.1. NORTH AMERICA
11.1.1 North America Transport Lighting Market Overview
11.1.2 North America Transport Lighting Market Forecasts and Analysis
11.1.3 North America Transport Lighting Market Forecasts and Analysis - By Light Source
11.1.4 North America Transport Lighting Market Forecasts and Analysis - By Offering
11.1.5 North America Transport Lighting Market Forecasts and Analysis - By Installation Type
11.1.6 North America Transport Lighting Market Forecasts and Analysis - By Application
11.1.7 North America Transport Lighting Market Forecasts and Analysis - By Countries
11.1.7.1 United States Transport Lighting Market
11.1.7.1.1 United States Transport Lighting Market by Light Source
11.1.7.1.2 United States Transport Lighting Market by Offering
11.1.7.1.3 United States Transport Lighting Market by Installation Type
11.1.7.1.4 United States Transport Lighting Market by Application
11.1.7.2 Canada Transport Lighting Market
11.1.7.2.1 Canada Transport Lighting Market by Light Source
11.1.7.2.2 Canada Transport Lighting Market by Offering
11.1.7.2.3 Canada Transport Lighting Market by Installation Type
11.1.7.2.4 Canada Transport Lighting Market by Application
11.1.7.3 Mexico Transport Lighting Market
11.1.7.3.1 Mexico Transport Lighting Market by Light Source
11.1.7.3.2 Mexico Transport Lighting Market by Offering
11.1.7.3.3 Mexico Transport Lighting Market by Installation Type
11.1.7.3.4 Mexico Transport Lighting Market by Application
11.2. EUROPE
11.2.1 Europe Transport Lighting Market Overview
11.2.2 Europe Transport Lighting Market Forecasts and Analysis
11.2.3 Europe Transport Lighting Market Forecasts and Analysis - By Light Source
11.2.4 Europe Transport Lighting Market Forecasts and Analysis - By Offering
11.2.5 Europe Transport Lighting Market Forecasts and Analysis - By Installation Type
11.2.6 Europe Transport Lighting Market Forecasts and Analysis - By Application
11.2.7 Europe Transport Lighting Market Forecasts and Analysis - By Countries
11.2.7.1 Germany Transport Lighting Market
11.2.7.1.1 Germany Transport Lighting Market by Light Source
11.2.7.1.2 Germany Transport Lighting Market by Offering
11.2.7.1.3 Germany Transport Lighting Market by Installation Type
11.2.7.1.4 Germany Transport Lighting Market by Application
11.2.7.2 France Transport Lighting Market
11.2.7.2.1 France Transport Lighting Market by Light Source
11.2.7.2.2 France Transport Lighting Market by Offering
11.2.7.2.3 France Transport Lighting Market by Installation Type
11.2.7.2.4 France Transport Lighting Market by Application
11.2.7.3 Italy Transport Lighting Market
11.2.7.3.1 Italy Transport Lighting Market by Light Source
11.2.7.3.2 Italy Transport Lighting Market by Offering
11.2.7.3.3 Italy Transport Lighting Market by Installation Type
11.2.7.3.4 Italy Transport Lighting Market by Application
11.2.7.4 Spain Transport Lighting Market
11.2.7.4.1 Spain Transport Lighting Market by Light Source
11.2.7.4.2 Spain Transport Lighting Market by Offering
11.2.7.4.3 Spain Transport Lighting Market by Installation Type
11.2.7.4.4 Spain Transport Lighting Market by Application
11.2.7.5 United Kingdom Transport Lighting Market
11.2.7.5.1 United Kingdom Transport Lighting Market by Light Source
11.2.7.5.2 United Kingdom Transport Lighting Market by Offering
11.2.7.5.3 United Kingdom Transport Lighting Market by Installation Type
11.2.7.5.4 United Kingdom Transport Lighting Market by Application
11.2.7.6 Poland Transport Lighting Market
11.2.7.6.1 Poland Transport Lighting Market by Light Source
11.2.7.6.2 Poland Transport Lighting Market by Offering
11.2.7.6.3 Poland Transport Lighting Market by Installation Type
11.2.7.6.4 Poland Transport Lighting Market by Application
11.2.7.7 Austria Transport Lighting Market
11.2.7.7.1 Austria Transport Lighting Market by Light Source
11.2.7.7.2 Austria Transport Lighting Market by Offering
11.2.7.7.3 Austria Transport Lighting Market by Installation Type
11.2.7.7.4 Austria Transport Lighting Market by Application
11.2.7.8 Hungary Transport Lighting Market
11.2.7.8.1 Hungary Transport Lighting Market by Light Source
11.2.7.8.2 Hungary Transport Lighting Market by Offering
11.2.7.8.3 Hungary Transport Lighting Market by Installation Type
11.2.7.8.4 Hungary Transport Lighting Market by Application
11.2.7.9 Netherlands Transport Lighting Market
11.2.7.9.1 Netherlands Transport Lighting Market by Light Source
11.2.7.9.2 Netherlands Transport Lighting Market by Offering
11.2.7.9.3 Netherlands Transport Lighting Market by Installation Type
11.2.7.9.4 Netherlands Transport Lighting Market by Application
11.2.7.10 Rest of Europe Transport Lighting Market
11.2.7.10.1 Rest of Europe Transport Lighting Market by Light Source
11.2.7.10.2 Rest of Europe Transport Lighting Market by Offering
11.2.7.10.3 Rest of Europe Transport Lighting Market by Installation Type
11.2.7.10.4 Rest of Europe Transport Lighting Market by Application
11.2.7.11 Portugal Transport Lighting Market
11.2.7.11.1 Portugal Transport Lighting Market by Light Source
11.2.7.11.2 Portugal Transport Lighting Market by Offering
11.2.7.11.3 Portugal Transport Lighting Market by Installation Type
11.2.7.11.4 Portugal Transport Lighting Market by Application
11.3. ASIA-PACIFIC
11.3.1 Asia-Pacific Transport Lighting Market Overview
11.3.2 Asia-Pacific Transport Lighting Market Forecasts and Analysis
11.3.3 Asia-Pacific Transport Lighting Market Forecasts and Analysis - By Light Source
11.3.4 Asia-Pacific Transport Lighting Market Forecasts and Analysis - By Offering
11.3.5 Asia-Pacific Transport Lighting Market Forecasts and Analysis - By Installation Type
11.3.6 Asia-Pacific Transport Lighting Market Forecasts and Analysis - By Application
11.3.7 Asia-Pacific Transport Lighting Market Forecasts and Analysis - By Countries
11.3.7.1 Australia Transport Lighting Market
11.3.7.1.1 Australia Transport Lighting Market by Light Source
11.3.7.1.2 Australia Transport Lighting Market by Offering
11.3.7.1.3 Australia Transport Lighting Market by Installation Type
11.3.7.1.4 Australia Transport Lighting Market by Application
11.3.7.2 China Transport Lighting Market
11.3.7.2.1 China Transport Lighting Market by Light Source
11.3.7.2.2 China Transport Lighting Market by Offering
11.3.7.2.3 China Transport Lighting Market by Installation Type
11.3.7.2.4 China Transport Lighting Market by Application
11.3.7.3 India Transport Lighting Market
11.3.7.3.1 India Transport Lighting Market by Light Source
11.3.7.3.2 India Transport Lighting Market by Offering
11.3.7.3.3 India Transport Lighting Market by Installation Type
11.3.7.3.4 India Transport Lighting Market by Application
11.3.7.4 Japan Transport Lighting Market
11.3.7.4.1 Japan Transport Lighting Market by Light Source
11.3.7.4.2 Japan Transport Lighting Market by Offering
11.3.7.4.3 Japan Transport Lighting Market by Installation Type
11.3.7.4.4 Japan Transport Lighting Market by Application
11.3.7.5 Rest of Asia-Pacific Transport Lighting Market
11.3.7.5.1 Rest of Asia-Pacific Transport Lighting Market by Light Source
11.3.7.5.2 Rest of Asia-Pacific Transport Lighting Market by Offering
11.3.7.5.3 Rest of Asia-Pacific Transport Lighting Market by Installation Type
11.3.7.5.4 Rest of Asia-Pacific Transport Lighting Market by Application
11.4. MIDDLE EAST AND AFRICA
11.4.1 Middle East and Africa Transport Lighting Market Overview
11.4.2 Middle East and Africa Transport Lighting Market Forecasts and Analysis
11.4.3 Middle East and Africa Transport Lighting Market Forecasts and Analysis - By Light Source
11.4.4 Middle East and Africa Transport Lighting Market Forecasts and Analysis - By Offering
11.4.5 Middle East and Africa Transport Lighting Market Forecasts and Analysis - By Installation Type
11.4.6 Middle East and Africa Transport Lighting Market Forecasts and Analysis - By Application
11.4.7 Middle East and Africa Transport Lighting Market Forecasts and Analysis - By Countries
11.4.7.1 South Africa Transport Lighting Market
11.4.7.1.1 South Africa Transport Lighting Market by Light Source
11.4.7.1.2 South Africa Transport Lighting Market by Offering
11.4.7.1.3 South Africa Transport Lighting Market by Installation Type
11.4.7.1.4 South Africa Transport Lighting Market by Application
11.4.7.2 Saudi Arabia Transport Lighting Market
11.4.7.2.1 Saudi Arabia Transport Lighting Market by Light Source
11.4.7.2.2 Saudi Arabia Transport Lighting Market by Offering
11.4.7.2.3 Saudi Arabia Transport Lighting Market by Installation Type
11.4.7.2.4 Saudi Arabia Transport Lighting Market by Application
11.4.7.3 U.A.E Transport Lighting Market
11.4.7.3.1 U.A.E Transport Lighting Market by Light Source
11.4.7.3.2 U.A.E Transport Lighting Market by Offering
11.4.7.3.3 U.A.E Transport Lighting Market by Installation Type
11.4.7.3.4 U.A.E Transport Lighting Market by Application
11.4.7.4 Rest of Middle East and Africa Transport Lighting Market
11.4.7.4.1 Rest of Middle East and Africa Transport Lighting Market by Light Source
11.4.7.4.2 Rest of Middle East and Africa Transport Lighting Market by Offering
11.4.7.4.3 Rest of Middle East and Africa Transport Lighting Market by Installation Type
11.4.7.4.4 Rest of Middle East and Africa Transport Lighting Market by Application
11.5. SOUTH AND CENTRAL AMERICA
11.5.1 South and Central America Transport Lighting Market Overview
11.5.2 South and Central America Transport Lighting Market Forecasts and Analysis
11.5.3 South and Central America Transport Lighting Market Forecasts and Analysis - By Light Source
11.5.4 South and Central America Transport Lighting Market Forecasts and Analysis - By Offering
11.5.5 South and Central America Transport Lighting Market Forecasts and Analysis - By Installation Type
11.5.6 South and Central America Transport Lighting Market Forecasts and Analysis - By Application
11.5.7 South and Central America Transport Lighting Market Forecasts and Analysis - By Countries
11.5.7.1 Brazil Transport Lighting Market
11.5.7.1.1 Brazil Transport Lighting Market by Light Source
11.5.7.1.2 Brazil Transport Lighting Market by Offering
11.5.7.1.3 Brazil Transport Lighting Market by Installation Type
11.5.7.1.4 Brazil Transport Lighting Market by Application
11.5.7.2 Argentina Transport Lighting Market
11.5.7.2.1 Argentina Transport Lighting Market by Light Source
11.5.7.2.2 Argentina Transport Lighting Market by Offering
11.5.7.2.3 Argentina Transport Lighting Market by Installation Type
11.5.7.2.4 Argentina Transport Lighting Market by Application
11.5.7.3 Rest of South and Central America Transport Lighting Market
11.5.7.3.1 Rest of South and Central America Transport Lighting Market by Light Source
11.5.7.3.2 Rest of South and Central America Transport Lighting Market by Offering
11.5.7.3.3 Rest of South and Central America Transport Lighting Market by Installation Type
11.5.7.3.4 Rest of South and Central America Transport Lighting Market by Application

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. TRANSPORT LIGHTING MARKET, KEY COMPANY PROFILES
13.1. OSRAM LICHT AG
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. SIGNIFY HOLDING
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. LED ROADWAY LIGHTING LTD
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. SYSKA LED
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. ACUITY BRANDS, 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. HUBBELL INCORPORATED
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. ABACUS
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. GE LIGHTING (DIVISION OF SAVANT SYSTEMS)
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. EATON CORPORATION
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. MIDSTREAM LTD.
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
The List of Companies

1. Osram Licht AG
2. Signify Holding
3. LED Roadway Lighting Ltd
4. Syska LED
5. Acuity Brands, Inc
6. Hubbell Incorporated
7. Abacus
8. GE Lighting (Division of Savant Systems)
9. Eaton Corporation
10. Midstream Ltd.

The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.

  1. Data Collection and Secondary Research:

As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.

Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.

  1. Primary Research:

The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.

For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.

A typical research interview fulfils the following functions:

  • Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
  • Validates and strengthens in-house secondary research findings
  • Develops the analysis team’s expertise and market understanding

Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:

  • Industry participants: VPs, business development managers, market intelligence managers and national sales managers
  • Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.

Below is the breakup of our primary respondents by company, designation, and region:

Research Methodology

Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.

  1. Data Analysis:

Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.

  • 3.1 Macro-Economic Factor Analysis:

We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.

  • 3.2 Country Level Data:

Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.

  • 3.3 Company Profile:

The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.

  • 3.4 Developing Base Number:

Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.

  1. Data Triangulation and Final Review:

The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.

We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.

We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.

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