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Clutch Market By Type, Transmission Type, Material Type, Sales Channel & Vehicle Type - Global Industry Analysis And Forecast To 2023
Published On : June 2022 Pages : 190 Category: Automotive & Transportations Report Code : AT06985
SEGMENTS & REGIONS:
- Regions: North America, Europe, Asia- Pacific, Latin America, Middle East & Africa
Clutch Market By Type (Dry Clutch and Wet Clutch), Transmission Type (Manual Transmission and Automatic Transmission), Material Type (Organic Material, Ceramic Material, Other Material Types), Sales Channel (OEM, Aftermarket), Vehicle Type (Passenger Vehicle and Commercial Vehicle) Forecast 2017 to 2023
Industry Outlook and Trend Analysis
The Clutch Market was worth USD 8.23 billion in 2017 and is expected to reach approximately USD 13.99 billion by 2023, while registering itself at a compound annual growth rate (CAGR) of 6.07% during the forecast period. A clutch is a mechanical device which connects and separates power transmission particularly from driving shaft to driven shaft. In the most basic application, clutches connect and disconnect two rotating shafts, drive shafts or line shafts. In these gadgets, one shaft is commonly connected to a motor or other power unit while the other shaft gives yield energy to work. While commonly the movements included are rotating, linear clutches are additionally conceivable.
Drivers and Restraints
Accessibility of low-cost manual transmission clutches against torque converters with programmed transmission is likewise anticipated that would drive the clutch market. Besides, client inclination towards more advantageous methods of transmission and developing interest for passenger cars in rising economies is likewise anticipated that would drive the boost the market request over the conjecture time frame. Furthermore, OEMs focus around extending the capacity of production by adopting new production facilities keeping in mind the end goal to take care of developing demand, which is likewise anticipated to boost the development. Nonetheless, substitution of manual clutch by torque convertor in automatic transmission systems may be challenge for the clutch market. Also, low fuel effectiveness of vehicles outfitted with programmed transmission frameworks is anticipated to be a significant challenge to the clutch market.
Market Segmentation
The Clutch Market is segmented Type, Transmission Type, Material Type, Sales Channel and Vehicle Type. Based on type the market is segmented into dry clutch and wet clutch. On the basis of transmission type the market is segmented into automatic transmission and manual transmission. Based on material type the market is segmented into ceramic, organic and others. On the basis of sales channel the market is segmented into aftermarket and OEM. Based on vehicle type the market is segmented into commercial and passenger vehicles.
Regional Outlook and Trend Analysis
Geographically, North America is anticipated to develop as the leading regional market over the forecast period, which can be credited to increasing demand for electric vehicles. Furthermore, high demand of vehicle in emerging economies such as China and India are anticipated to drive growth across Asia Pacific market over the forecast period.
Competitive Insights
The leading players in the market are BorgWarner, Schaeffler Group, FTE automotive, ZF Friedrichshafen, Aisin Seiki and EXEDY Corporation. The major players in the market are profiled in detail in view of qualities, for example, company portfolio, business strategies, financial overview, recent developments, and share of the overall industry.
The Clutch Market is region-wise segmented a follows-
By Region
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Russia
- Italy
- Rest of Europe
- Asia-Pacific
- China
- Japan
- South Korea
- India
- Southeast Asia
- Rest of Asia-Pacific
- South America
- Brazil
- Argentina
- Columbia
- South Africa
- Rest of South America
- Middle East and Africa
- Saudi Arabia
- UAE
- Egypt
- Nigeria
- South Africa
- Rest of MEA
Some of the key questions answered by the report are:
- What was the market size in 2017 and forecast from 2017 to 2023?
- What will be the industry market growth from 2017 to 2023?
- What are the major drivers, restraints, opportunities, challenges, and industry trends and their impact on the market forecast?
- What are the major segments leading the market growth and why?
Which are the leading players in the market and what are the major strategies adopted by them to sustain the market competition?
Market Classification
· Clutch Market, By Type, Estimates and Forecast, 2014-2023 ($Million)
o Dry Clutch
o Wet Clutch
· Clutch Market, By Transmission Type, Estimates and Forecast, 2014-2023 ($Million)
o Manual Transmission
o Automatic Transmission
· Clutch Market, By Material Type, Estimates and Forecast, 2014-2023 ($Million)
o Organic Material
o Ceramic Material
o Other Material Types
· Clutch Market, By Sales Channel, Estimates and Forecast, 2014-2023 ($Million)
o OEM
o Aftermarket
· Clutch Market, By Vehicle Type, Estimates and Forecast, 2014-2023 ($Million)
o Passenger Vehicle
o Commercial Vehicle
· Clutch Market, By Region, Estimates and Forecast, 2014-2023 ($Million)
o North America
§ North America Clutch Market, By Country
o U.S. Clutch Market
o Canada Clutch Market
o Mexico Clutch Market
o Europe
§ Europe Clutch Market, By Country
o Germany Clutch Market
o UK Clutch Market
o France Clutch Market
o Russia Clutch Market
o Italy Clutch Market
o Rest of Europe Clutch Market
o Asia-Pacific
§ Asia-Pacific Clutch Market, By Country
o China Clutch Market
o Japan Clutch Market
o South Korea Clutch Market
o India Clutch Market
o Southeast Asia Clutch Market
o Rest of Asia-Pacific Clutch Market
o South America
§ South America Clutch Market
o Brazil Clutch Market
o Argentina Clutch Market
o Columbia Clutch Market
o South Africa Clutch Market
o Rest of South America Clutch Market
o Middle East and Africa
§ Middle East and Africa Clutch Market
o Saudi Arabia Clutch Market
o UAE Clutch Market
o Egypt Clutch Market
o Nigeria Clutch Market
o South Africa Clutch Market
o Rest of MEA Clutch Market
Table of Contents
Chapter 1. Introduction
1.1. Report Description
1.2. Research Methodology
1.2.1. Secondary Research
1.2.2. Primary Research
Chapter 2. Executive Summary
2.1. Key Highlights
Chapter 3. Market Overview
3.1. Introduction
3.1.1. Market Definition
3.1.2. Market Segmentation
3.2. Market Dynamics
3.2.1. Drivers
3.2.2. Restraints
3.2.3. Opportunities
Chapter 4. Market Analysis by Regions
4.1. North America (United States, Canada and Mexico)
4.1.1. United States Market States and Outlook (2017-2023)
4.1.2. Canada Market States and Outlook (2017-2023)
4.1.3. Mexico Market States and Outlook (2017-2023)
4.2. Europe (Germany, France, UK, Russia, Italy and Rest of Europe)
4.2.1. Germany Market States and Outlook (2017-2023)
4.2.2. France Market States and Outlook (2017-2023)
4.2.3. UK Market States and Outlook (2017-2023)
4.2.4. Russia Market States and Outlook (2017-2023)
4.2.5. Italy Market States and Outlook (2017-2023)
4.2.6. Rest of Europe Market States and Outlook (2017-2023)
4.3. Asia-Pacific (China, Japan, Korea, India, Southeast Asia and Rest of Asia-Pacific)
4.3.1. China Market States and Outlook (2017-2023)
4.3.2. Japan Market States and Outlook (2017-2023)
4.3.3. Korea Market States and Outlook (2017-2023)
4.3.4. India Market States and Outlook (2017-2023)
4.3.5. Rest of Asia-Pacific Market States and Outlook (2017-2023)
4.4. South America (Brazil, Argentina, Columbia and Rest of South America)
4.4.1. Brazil Market States and Outlook (2017-2023)
4.4.2. Argentina Market States and Outlook (2017-2023)
4.4.3. Columbia Market States and Outlook (2017-2023)
4.4.4. Rest of South America Market States and Outlook (2017-2023)
4.5. Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa and Rest of MEA)
4.5.1. Saudi Arabia Market States and Outlook (2017-2023)
4.5.2. UAE Market States and Outlook (2017-2023)
4.5.3. Egypt Market States and Outlook (2017-2023)
4.5.4. Nigeria Market States and Outlook (2017-2023)
4.5.5. South Africa Market States and Outlook (2017-2023)
4.5.6. Rest of MEA Market States and Outlook (2017-2023)
Chapter 5. Clutch Market, By Type
5.1. Introduction
5.2. Global Clutch Sales, Revenue and Market Share by Type (2017-2017)
5.2.1. Global Clutch Sales and Sales Share by Type (2017-2017)
5.2.2. Global Clutch Revenue and Revenue Share by Type (2017-2017)
5.3. Dry Clutch
5.3.1. Global Dry Clutch Sales and Growth Rate (2017-2027)
5.4. Wet Clutch
5.4.1. Global Wet Clutch Sales and Growth Rate (2017-2027)
Chapter 6. Clutch Market, By Transmission Type
6.1. Introduction
6.2. Global Clutch Sales, Revenue and Market Share by Transmission Type (2017-2017)
6.2.1. Global Clutch Sales and Sales Share by Transmission Type (2017-2017)
6.2.2. Global Clutch Revenue and Revenue Share by Transmission Type (2017-2017)
6.3. Manual Transmission
6.3.1. Global Manual Transmission Sales and Growth Rate (2017-2027)
6.4. Automatic Transmission
6.4.1. Global Automatic Transmission Sales and Growth Rate (2017-2027)
Chapter 7. Clutch Market, By Material Type
7.1. Introduction
7.2. Global Clutch Sales, Revenue and Market Share by Material Type (2017-2017)
7.2.1. Global Clutch Sales and Sales Share by Material Type (2017-2017)
7.2.2. Global Clutch Revenue and Revenue Share by Material Type (2017-2017)
7.3. Organic Material
7.3.1. Global Organic Material Sales Channels Sales and Growth Rate (2017-2027)
7.4. Ceramic Material
7.4.1. Global Ceramic Material Sales and Growth Rate (2017-2027)
7.5. Other Material Types
7.5.1. Global Other Material Types Sales and Growth Rate (2017-2027)
Chapter 8. Clutch Market, By Sales Channel
8.1. Introduction
8.2. Global Clutch Sales, Revenue and Market Share by Sales Channel (2017-2017)
8.2.1. Global Clutch Sales and Sales Share by Sales Channel (2017-2017)
8.2.2. Global Clutch Revenue and Revenue Share by Sales Channel (2017-2017)
8.3. OEM
8.3.1. Global OEM Sales and Growth Rate (2017-2027)
8.4. Aftermarket
8.4.1. Global Aftermarket Sales and Growth Rate (2017-2027)
Chapter 9. Clutch Market, By Vehicle Type
9.1. Introduction
9.2. Global Clutch Sales, Revenue and Market Share by Vehicle Type (2017-2017)
9.2.1. Global Clutch Sales and Sales Share by Vehicle Type (2017-2017)
9.2.2. Global Clutch Revenue and Revenue Share by Vehicle Type (2017-2017)
9.3. Passenger Vehicle
9.3.1. Global Passenger Vehicle Sales and Growth Rate (2017-2027)
9.4. Commercial Vehicle
9.4.1. Global Commercial Vehicle Sales and Growth Rate (2017-2027)
Chapter 10. Clutch Market, By Region
10.1. Introduction
10.2. Global Clutch Sales, Revenue and Market Share by Regions
10.2.1. Global Clutch Sales by Regions (2017-2027)
10.2.2. Global Clutch Revenue by Regions (2017-2027)
10.3. North America Clutch by Countries
10.3.1. North America Clutch Sales and Growth Rate (2017-2027)
10.3.2. North America Clutch Revenue and Growth Rate (2017-2027)
10.3.3. North America Clutch Sales by Countries (2017-2027)
10.3.4. North America Clutch Revenue (Million USD) by Countries (2017-2027)
10.3.5. U.S.
10.3.5.1. United States Clutch Sales and Growth Rate (2017-2027)
10.3.5.2. United States Clutch Revenue (Millions USD) and Growth Rate (2017-2027)
10.3.6. Canada
10.3.6.1. Canada Clutch Sales and Growth Rate (2017-2027)
10.3.6.2. Canada Clutch Sales (Millions USD) and Growth Rate (2017-2027)
10.3.7. Mexico
10.3.7.1. Mexico Clutch Sales and Growth Rate (2017-2027)
10.3.7.2. Mexico Clutch Revenue (Millions USD) and Growth Rate (2017-2027)
10.4. Europe Clutch by Countries
10.4.1. Europe Clutch Sales and Growth Rate (2017-2027)
10.4.2. Europe Clutch Revenue and Growth Rate (2017-2027)
10.4.3. Europe Clutch Sales by Countries (2017-2027)
10.4.4. Europe Clutch Revenue (Million USD) by Countries (2017-2027)
10.4.5. Germany
10.4.5.1. Germany Clutch Sales and Growth Rate (2017-2027)
10.4.5.2. Germany Clutch Revenue (Millions USD) and Growth Rate (2017-2027)
10.4.6. UK
10.4.6.1. UK Clutch Sales and Growth Rate (2017-2027)
10.4.6.2. UK Clutch Revenue (Millions USD) and Growth Rate (2017-2027)
10.4.7. France
10.4.7.1. France Clutch Sales and Growth Rate (2017-2027)
10.4.7.2. France Clutch Revenue (Millions USD) and Growth Rate (2017-2027)
10.4.8. Russia
10.4.8.1. Russia Clutch Sales and Growth Rate (2017-2027)
10.4.8.2. Russia Clutch Revenue (Millions USD) and Growth Rate (2017-2027)
10.4.9. Italy
10.4.9.1. Italy Clutch Sales and Growth Rate (2017-2027)
10.4.9.2. Italy Clutch Revenue (Millions USD) and Growth Rate (2017-2027)
10.4.10. Rest of Europe
10.4.10.1. Rest of Europe Clutch Sales and Growth Rate (2017-2027)
10.4.10.2. Rest of Europe Clutch Revenue (Millions USD) and Growth Rate (2017-2027)
10.5. Asia-Pacific
10.5.1. Asia-Pacific Clutch Sales and Growth Rate (2017-2027)
10.5.2. Asia-Pacific Clutch Revenue and Growth Rate (2017-2027)
10.5.3. Asia-Pacific Clutch Sales by Countries (2017-2027)
10.5.4. Asia-Pacific Clutch Revenue (Million USD) by Countries (2017-2027)
10.5.5. China
10.5.5.1. China Clutch Sales and Growth Rate (2017-2027)
10.5.5.2. China Clutch Revenue (Millions USD) and Growth Rate (2017-2027)
10.5.6. Japan
10.5.6.1. Japan Clutch Sales and Growth Rate (2017-2027)
10.5.6.2. Japan Clutch Revenue (Millions USD) and Growth Rate (2017-2027)
10.5.6.3.
10.5.7. Korea
10.5.7.1. Korea Clutch Sales and Growth Rate (2017-2027)
10.5.7.2. Korea Clutch Revenue (Millions USD) and Growth Rate (2017-2027)
10.5.8. India
10.5.8.1. India Clutch Sales and Growth Rate (2017-2027)
10.5.8.2. India Clutch Revenue (Millions USD) and Growth Rate (2017-2027)
10.5.9. Southeast Asia
10.5.9.1. Southeast Asia Clutch Sales and Growth Rate (2017-2027)
10.5.9.2. Southeast Asia Clutch Revenue (Millions USD) and Growth Rate (2017-2027)
10.5.10. Rest of Asia-Pacific
10.5.10.1. Rest of Asia-Pacific Clutch Sales and Growth Rate (2017-2027)
10.5.10.2. Rest of Asia-Pacific Clutch Revenue (Millions USD) and Growth Rate (2017-2027)
10.6. South America
10.6.1. South America Clutch Sales and Growth Rate (2017-2027)
10.6.2. South America Clutch Revenue and Growth Rate (2017-2027)
10.6.3. South America Clutch Sales by Countries (2017-2027)
10.6.4. South America Clutch Revenue (Million USD) by Countries (2017-2027)
10.6.5. Brazil
10.6.5.1. Brazil Clutch Sales and Growth Rate (2017-2027)
10.6.5.2. Brazil Clutch Revenue (Millions USD) and Growth Rate (2017-2027)
10.6.6. Argentina
10.6.6.1. Argentina Clutch Sales and Growth Rate (2017-2027)
10.6.6.2. Argentina Clutch Revenue (Millions USD) and Growth Rate (2017-2027)
10.6.7. Columbia
10.6.7.1. Columbia Clutch Sales and Growth Rate (2017-2027)
10.6.7.2. Columbia Clutch Revenue (Millions USD) and Growth Rate (2017-2027)
10.6.8. Rest of South America
10.6.8.1. Rest of South America Clutch Sales and Growth Rate (2017-2027)
10.6.8.2. Rest of South America Clutch Revenue (Millions USD) and Growth Rate (2017-2027)
10.7. Middle East and Africa
10.7.1. Middle East and Africa Clutch Sales and Growth Rate (2017-2027)
10.7.2. Middle East and Africa Clutch Revenue and Growth Rate (2017-2027)
10.7.3. Middle East and Africa Clutch Sales by Countries (2017-2027)
10.7.4. Middle East and Africa Clutch Revenue (Million USD) by Countries (2017-2027)
10.7.5. Saudi Arabia
10.7.5.1. Saudi Arabia Clutch Sales and Growth Rate (2017-2027)
10.7.5.2. Saudi Arabia Clutch Revenue (Millions USD) and Growth Rate (2017-2027)
10.7.6. United Arab Emirates
10.7.6.1. United Arab Emirates Clutch Sales and Growth Rate (2017-2027)
10.7.6.2. United Arab Emirates Clutch Revenue (Millions USD) and Growth Rate (2017-2027)
10.7.7. Egypt
10.7.7.1. Egypt Clutch Sales and Growth Rate (2017-2027)
10.7.7.2. Egypt Clutch Revenue (Millions USD) and Growth Rate (2017-2027)
10.7.8. Nigeria
10.7.8.1. Nigeria Clutch Sales and Growth Rate (2017-2027)
10.7.8.2. Nigeria Clutch Revenue (Millions USD) and Growth Rate (2017-2027)
10.7.9. South Africa
10.7.9.1. South Africa Clutch Sales and Growth Rate (2017-2027)
10.7.9.2. South Africa Clutch Revenue (Millions USD) and Growth Rate (2017-2027)
10.7.10. Rest of Middle East and Africa
10.7.10.1. Rest of Middle East and Africa Clutch Sales and Growth Rate (2017-2027)
10.7.10.2. Rest of Middle East and Africa Clutch Revenue (Millions USD) and Growth Rate (2017-2027)
Chapter 11. Company Profiles
11.1. Schaeffler AG
11.1.1. Business Overview
11.1.2. Product Portfolio
11.1.3. Strategic Developments
11.1.4. Sales, Revenue and Market Share
11.2. BorgWarner Inc.
11.2.1. Business Overview
11.2.2. Product Portfolio
11.2.3. Strategic Developments
11.2.4. Sales, Revenue and Market Share
11.3. ZF Friedrichshafen AG
11.3.1. Business Overview
11.3.2. Product Portfolio
11.3.3. Strategic Developments
11.3.4. Sales, Revenue and Market Share
11.4. AISIN SEIKI
11.4.1. Business Overview
11.4.2. Product Portfolio
11.4.3. Strategic Developments
11.4.4. Sales, Revenue and Market Share
11.5. EXEDY Corporation
11.5.1. Business Overview
11.5.2. Product Portfolio
11.5.3. Strategic Developments
11.5.4. Sales, Revenue and Market Share
11.6. FTE automotive
11.6.1. Business Overview
11.6.2. Product Portfolio
11.6.3. Strategic Developments
11.6.4. Sales, Revenue and Market Share
11.7. AMS Automotive
11.7.1. Business Overview
11.7.2. Product Portfolio
11.7.3. Strategic Developments
11.7.4. Sales, Revenue and Market Share
11.8. F.C.C. Co., Ltd.
11.8.1. Business Overview
11.8.2. Product Portfolio
11.8.3. Strategic Developments
11.8.4. Sales, Revenue and Market Share
11.9. Valeo
11.9.1. Business Overview
11.9.2. Product Portfolio
11.9.3. Strategic Developments
11.9.4. Sales, Revenue and Market Share
11.10.Setco Automotive Ltd
11.10.1. Business Overview
11.10.2. Product Portfolio
11.10.3. Strategic Developments
11.10.4. Sales, Revenue and Market Share
Chapter 12. Global Clutch Market Competition, by Manufacturer
12.1. Global Clutch Sales and Market Share by Manufacturer (2017-2017)
12.2. Global Clutch Revenue and Market Share by Manufacturer (2017-2017)
12.3. Global Clutch Price by Manufacturer (2017-2017)
12.4. Top 5 Clutch Manufacturer Market Share
12.5. Market Competition Trend
Chapter 13. Clutch Market Forecast (2027-2023)
13.1. Global Clutch Sales, Revenue (Millions USD) and Growth Rate (2027-2023)
13.2. Clutch Market Forecast by Regions (2027-2023)
13.2.1. North America Clutch Market Forecast (2027-2023)
13.2.1.1. United States Clutch Market Forecast (2027-2023)
13.2.1.2. Canada Clutch Market Forecast (2027-2023)
13.2.1.3. Mexico Clutch Market Forecast (2027-2023)
13.2.2. Europe Clutch Market Forecast (2027-2023)
13.2.2.1. Germany Clutch Market Forecast (2027-2023)
13.2.2.2. United Kingdom Clutch Market Forecast (2027-2023)
13.2.2.3. France Clutch Market Forecast (2027-2023)
13.2.2.4. Russia Clutch Market Forecast (2027-2023)
13.2.2.5. Italy Clutch Market Forecast (2027-2023)
13.2.2.6. Rest of the Europe Clutch Market Forecast (2027-2023)
13.2.3. Asia-Pacific Clutch Market Forecast (2027-2023)
13.2.3.1. China Clutch Market Forecast (2027-2023)
13.2.3.2. Japan Clutch Market Forecast (2027-2023)
13.2.3.3. Korea Clutch Market Forecast (2027-2023)
13.2.3.4. India Clutch Market Forecast (2027-2023)
13.2.3.5. Southeast Asia Clutch Market Forecast (2027-2023)
13.2.3.6. Rest of Asia-Pacific Clutch Market Forecast (2027-2023)
13.2.4. South America Clutch Market Forecast (2027-2023)
13.2.4.1. Brazil Clutch Market Forecast (2027-2023)
13.2.4.2. Argentina Clutch Market Forecast (2027-2023)
13.2.4.3. Columbia Clutch Market Forecast (2027-2023)
13.2.4.4. Rest of South America Clutch Market Forecast (2027-2023)
13.2.5. Middle East and Africa Clutch Market Forecast (2027-2023)
13.2.5.1. Saudi Arabia Clutch Market Forecast (2027-2023)
13.2.5.2. UAE Clutch Market Forecast (2027-2023)
13.2.5.3. Egypt Clutch Market Forecast (2027-2023)
13.2.5.4. Nigeria Clutch Market Forecast (2027-2023)
13.2.5.5. South Africa Clutch Market Forecast (2027-2023)
13.2.5.6. Rest of MEA Clutch Market Forecast (2027-2023)
13.3. Clutch Market Forecast by Type (2027-2023)
13.3.1. Global Clutch Sales Forecast by Type (2027-2023)
13.3.2. Global Clutch Sales Market Share Forecast by Type (2027-2023)
13.4. Clutch Market Forecast by Vehicle Types (2027-2023)
13.4.1. Global Clutch Sales Forecast by Vehicle Types (2027-2023)
13.4.2. Global Clutch Sales Market Share Forecast by Vehicle Types (2027-2023)
13.5. Clutch Market Forecast by Sales Channel(2027-2023)
13.5.1. Global Clutch Sales Forecast by Sales Channel (2027-2023)
13.5.2. Global Clutch Sales Market Share Forecast by Sales Channel (2027-2023)
13.6. Clutch Market Forecast by Transmission Types (2027-2023)
13.6.1. Global Clutch Sales Forecast by Transmission Types (2027-2023)
13.6.2. Global Clutch Sales Market Share Forecast by Transmission Types (2027-2023)
13.7. Clutch Market Forecast by Material Type (2027-2023)
13.7.1. Global Clutch Sales Forecast by Material Type (2027-2023)
13.7.2. Global Clutch Sales Market Share Forecast by Material Type (2027-2023)
List of Tables
(*You can glance through the list of Tables and Figures when you view the sample copy of Clutch Market.)
Research Methodology
We use both primary as well as secondary research for our market surveys, estimates and for developing forecast. Our research process commence by analyzing the problem which enable us to design the scope for our research study. Our research process is uniquely designed with enough flexibility to adjust according to changing nature of products and markets, while retaining core element to ensure reliability and accuracy in research findings. We understand both macro and micro-economic factors to evaluate and forecast different market segments.
Data Mining
Data is extensively collected through various secondary sources such as annual reports, investor presentations, SEC filings, and other corporate publications. We also refer trade magazines, technical journals, paid databases such as Factiva and Bloomberg, industry trade journals, scientific journals, and social media data to understand market dynamics and industry trends. Further, we also conduct primary research to understand market drivers, restraints, opportunities, challenges, and competitive scenario to build our analysis.
Data Collection Matrix
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Data Collection Matrix |
Supply Side |
Demand Side |
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Secondary Data Sources |
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Market Modeling and Forecasting
We use epidemiology and capital equipment-based models to forecast market size of different segments at country and regional level.
- Epidemiology-based Forecasting Model: This method uses epidemiology data gathered through various publications and from physicians to estimate population of patients, flow of treatment of individual disease and therapies. The data collected through this method includes statics on incidence of disease, population suffering from disease, and treatment population. This method is used to understand:
- Number of patients for particular device or medical procedure and
- Repeated use of particular device depending on health and condition of patient
- Capital-based Forecasting Model: This method of forecasting is based on number of replacements, installed-based and new sales of capital equipment used in various healthcare and diagnostic centers. These three parameters are calculated and forecast is developed. Installation base is calculated as average number of units per facility; while sales for particular year is calculated from number of new and replace units. Secondary data is collected through various supply chain intermediaries and opinion leaders to arrive at installation and sales rate. These techniques help our analysts in validating market and developed market estimates and forecast.
We do forecast on basis of several parameters such as market drivers, market opportunities, industry trends government regulations, raw materials supply and trade dynamics to ensure relevance of forecast with market scenario. With increasing need to granulized information, we used bottom-up methodology for forecasting where we evaluate each regional segment differently and combined all forecast to develop final market forecast.
Data Validation
We believe primary research is a very important tool in analyzing and forecasting different markets. In order to make sure accuracy of our findings, our team conducts primary interviews at every stage of research to gain deep insights into current business environment and future trends and key developments in market. This includes use of various methods such as telephonic interviews, focus groups, face to face interviews and questionnaires to validate our research from all aspects. We validate our data through primary research from key industry leaders such as CEO, product managers, marketing managers, suppliers, distributors, and consumers are frequently interviewed. These interviews provide valuable insights which help us to have better market understanding besides validating our estimates and forecast.
Data Triangulation
Industry Analysis
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Qualitative Data |
Quantitative Data (2017-2025) |
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