Oem Insulation Market By Material, Insulation Type And End Use - Global Industry Analysis And Forecast To 2023
Published On : June 2022 Pages : 196 Category: Bulk Chemicals Report Code : CM06880
Industry Outlook and Trend Analysis
The OEM Insulation Market was worth USD 9.87 billion in 2017 and is expected to reach approximately USD 16.37 billion by 2023, while registering itself at a compound annual growth rate (CAGR) of 5.78% during the forecast period. The term OEM remains for Original Equipment Manufacturer, which alludes to an association that makes a subsystem or a section that is utilized by another organization item. Protection or warm protection implies the item that limits warm pick up or misfortune by making a piece between the surfaces that are distinctive in temperature. There are different applications and verticals where protection is utilized. There are different sorts of protection in the market, for example, taste, splashed froth, solid, cover batts and moves, froth sheets, free fill and blown in, intelligent and fibre protection. The real area where OEM insulations are utilized is the industrial division.
Drivers & Restrains Outlook and Trend Analysis
Developing interest for protection benefits in a wide extent of utilizations, for example, private and business development, cars and purchaser machines is the key factor driving development of the worldwide OEM insulation materials advertise. Quick development in the worldwide car industry amid the conjecture time frame is relied upon to fuel development of the OEM insulation market inferable from the developing ventures by vehicle makers in enhancing the wellbeing highlights and solace level in the vehicles. Moreover, the interest for OEM insulation is quickly expanding in therapeutic and electronic hardware fabricating ventures, which are relied upon to impel the utilization of OEM protection. Besides, the developing awareness among vehicle makers with respect to eco-accommodating tasks and economic advancement is bringing about an upsurge of OEM insulation in mechanical part, which is relied upon to drive the development of the worldwide OEM insulation market over the gauge time frame.
Regional Outlook and Trend Analysis
Asia-Pacific region ruled the global OEM insulation market over the forecast period. There is a tremendous interest for the residential and the business structures for the OEM materials in this area. In nations, for example, China, Japan, and South Korea, the use of these materials is broad. The expanding awareness about the advantages of the OEM insulation materials, for example, to acquire a vitality effective building, popularity in the development business and the ascent in vitality costs are expanding the importance of the OEM materials. Different districts, for example, North America and Europe are likewise picking up energy in the OEM insulation market.
Competitive Insights
The leading players in the market are Knauf Insulation, Johns Manville, Fomo Products Inc., Paroc Group, Owens Corning Insulating Systems LLC., Roxul Inc., and others. 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 OEM Insulation Market is segmented as follows-
By Material:
- Mineral Wool
- Glass Wool
- Foamed Plastic
- Other Materials
By Insulation Type:
- Rolls and Batts
- Blanket
- Loose Fill & Others
By End User:
- HVAC Equipment
- Marine
- Aerospace
- Building and Construction
- Automotive
- Other End Users
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
· OEM Insulation Market, By Material, Estimates and Forecast, 2014-2023($Billion)
o Mineral Wool
o Glass Wool
o Foamed Plastic
o Other Materials
· OEM Insulation Market, By Insulation Type, Estimates and Forecast, 2014-2023($Billion)
o Rolls and Batts
o Blanket
o Loose Fill & Others
· OEM Insulation Market, By End Use, Estimates and Forecast, 2014-2023($Billion)
o HVAC Equipment
o Marine
o Aerospace
o Building and Construction
o Automotive
o Others
· OEM Insulation Market, By Region, Estimates and Forecast, 2014-2023($Billion)
o North America
§ North America OEM Insulation Market, By Country
o U.S. OEM Insulation Market
o Canada OEM Insulation Market
o Mexico OEM Insulation Market
o Europe
§ Europe OEM Insulation Market, By Country
o Germany OEM Insulation Market
o UK OEM Insulation Market
o France OEM Insulation Market
o Russia OEM Insulation Market
o Italy OEM Insulation Market
o Rest of Europe OEM Insulation Market
o Asia-Pacific
§ Asia-Pacific OEM Insulation Market, By Country
o China OEM Insulation Market
o Japan OEM Insulation Market
o South Korea OEM Insulation Market
o India OEM Insulation Market
o Southeast Asia OEM Insulation Market
o Rest of Asia-Pacific OEM Insulation Market
o South America
§ South America OEM Insulation Market
o Brazil OEM Insulation Market
o Argentina OEM Insulation Market
o Columbia OEM Insulation Market
o South Africa OEM Insulation Market
o Rest of South America OEM Insulation Market
o Middle East and Africa
§ Middle East and Africa OEM Insulation Market
o Saudi Arabia OEM Insulation Market
o UAE OEM Insulation Market
o Egypt OEM Insulation Market
o Nigeria OEM Insulation Market
o South Africa OEM Insulation Market
o Rest of MEA OEM Insulation Market
Table of Contents
1. Introduction
1.1. Report Description
1.2. Research Methodology
1.2.1. Secondary Research
1.2.2. Primary Research
2. Executive Summary
2.1. Key Highlights
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
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)
5. OEM Insulation Market, By Material
5.1. Introduction
5.2. Global OEM Insulation Sales, Revenue and Market Share by Material (2017-2027)
5.2.1. Global OEM Insulation Sales and Sales Share by Material (2017-2027)
5.2.2. Global OEM Insulation Revenue and Revenue Share by Material (2017-2027)
5.3. Mineral Wool
5.3.1. Global Mineral Wool Sales and Growth Rate (2017-2027)
5.4. Glass Wool
5.4.1. Global Glass Wool Sales and Growth Rate (2017-2027)
5.5. Foamed Plastic
5.5.1. Global Foamed Plastic Sales and Growth Rate (2017-2027)
5.6. Other Materials
5.6.1. Global Other Materials Sales and Growth Rate (2017-2027)
6. OEM Insulation Market, By Insulation Type
6.1. Introduction
6.2. Global OEM Insulation Sales, Revenue and Market Share by Insulation Type (2017-2027)
6.2.1. Global OEM Insulation Sales and Sales Share by Insulation Type (2017-2027)
6.2.2. Global OEM Insulation Revenue and Revenue Share by Insulation Type (2017-2027)
6.3. Rolls and Batts
6.3.1. Global Rolls and Batts Sales and Growth Rate (2017-2027)
6.4. Blanket
6.4.1. Global Blanket Sales and Growth Rate (2017-2027)
6.5. Loose Fill & Others
6.5.1. Global Loose Fill & Others Sales and Growth Rate (2017-2027)
7. OEM Insulation Market, By End Use
7.1. Introduction
7.2. Global OEM Insulation Sales, Revenue and Market Share by End Use (2017-2027)
7.2.1. Global OEM Insulation Sales and Sales Share by End Use (2017-2027)
7.2.2. Global OEM Insulation Revenue and Revenue Share by End Use (2017-2027)
7.3. HVAC Equipment
7.3.1. Global HVAC Equipment Sales and Growth Rate (2017-2027)
7.4. Marine
7.4.1. Global Marine Sales and Growth Rate (2017-2027)
7.5. Aerospace
7.5.1. Global Aerospace Sales and Growth Rate (2017-2027)
7.6. Building and Construction
7.6.1. Global Building and Construction Sales and Growth Rate (2017-2027)
7.7. Automotive
7.7.1. Global Automotive Sales and Growth Rate (2017-2027)
7.8. Others
7.8.1. Global Others Sales and Growth Rate (2017-2027)
8. OEM Insulation Market, By Region
8.1. Introduction
8.2. Global OEM Insulation Sales, Revenue and Market Share by Regions
8.2.1. Global OEM Insulation Sales by Regions (2017-2027)
8.2.2. Global OEM Insulation Revenue by Regions (2017-2027)
8.3. North America OEM Insulation by Countries
8.3.1. North America OEM Insulation Sales and Growth Rate (2017-2027)
8.3.2. North America OEM Insulation Revenue and Growth Rate (2017-2027)
8.3.3. North America OEM Insulation Sales by Countries (2017-2027)
8.3.4. North America OEM Insulation Revenue (Million USD) by Countries (2017-2027)
8.3.5. U.S.
8.3.5.1. United States OEM Insulation Sales and Growth Rate (2017-2027)
8.3.5.2. United States OEM Insulation Revenue (Millions USD) and Growth Rate (2017-2027)
8.3.6. Canada
8.3.6.1. Canada OEM Insulation Sales and Growth Rate (2017-2027)
8.3.6.2. Canada OEM Insulation Revenue (Millions USD) and Growth Rate (2017-2027)
8.3.7. Mexico
8.3.7.1. Mexico OEM Insulation Sales and Growth Rate (2017-2027)
8.3.7.2. Mexico OEM Insulation Revenue (Millions USD) and Growth Rate (2017-2027)
8.4. Europe OEM Insulation by Countries
8.4.1. Europe OEM Insulation Sales and Growth Rate (2017-2027)
8.4.2. Europe OEM Insulation Revenue and Growth Rate (2017-2027)
8.4.3. Europe OEM Insulation Sales by Countries (2017-2027)
8.4.4. Europe OEM Insulation Revenue (Million USD) by Countries (2017-2027)
8.4.5. Germany
8.4.5.1. Germany OEM Insulation Sales and Growth Rate (2017-2027)
8.4.5.2. Germany OEM Insulation Revenue (Millions USD) and Growth Rate (2017-2027)
8.4.6. UK
8.4.6.1. UK OEM Insulation Sales and Growth Rate (2017-2027)
8.4.6.2. UK OEM Insulation Revenue (Millions USD) and Growth Rate (2017-2027)
8.4.7. France
8.4.7.1. France OEM Insulation Sales and Growth Rate (2017-2027)
8.4.7.2. France OEM Insulation Revenue (Millions USD) and Growth Rate (2017-2027)
8.4.8. Russia
8.4.8.1. Russia OEM Insulation Sales and Growth Rate (2017-2027)
8.4.8.2. Russia OEM Insulation Revenue (Millions USD) and Growth Rate (2017-2027)
8.4.9. Italy
8.4.9.1. Italy OEM Insulation Sales and Growth Rate (2017-2027)
8.4.9.2. Italy OEM Insulation Revenue (Millions USD) and Growth Rate (2017-2027)
8.4.10. Rest of Europe
8.4.10.1. Rest of Europe OEM Insulation Sales and Growth Rate (2017-2027)
8.4.10.2. Rest of Europe OEM Insulation Revenue (Millions USD) and Growth Rate (2017-2027)
8.5. Asia-Pacific
8.5.1. Asia-Pacific OEM Insulation Sales and Growth Rate (2017-2027)
8.5.2. Asia-Pacific OEM Insulation Revenue and Growth Rate (2017-2027)
8.5.3. Asia-Pacific OEM Insulation Sales by Countries (2017-2027)
8.5.4. Asia-Pacific OEM Insulation Revenue (Million USD) by Countries (2017-2027)
8.5.5. China
8.5.5.1. China OEM Insulation Sales and Growth Rate (2017-2027)
8.5.5.2. China OEM Insulation Revenue (Millions USD) and Growth Rate (2017-2027)
8.5.6. Japan
8.5.6.1. Japan OEM Insulation Sales and Growth Rate (2017-2027)
8.5.6.2. Japan OEM Insulation Revenue (Millions USD) and Growth Rate (2017-2027)
8.5.6.3.
8.5.7. Korea
8.5.7.1. Korea OEM Insulation Sales and Growth Rate (2017-2027)
8.5.7.2. Korea OEM Insulation Revenue (Millions USD) and Growth Rate (2017-2027)
8.5.8. India
8.5.8.1. India OEM Insulation Sales and Growth Rate (2017-2027)
8.5.8.2. India OEM Insulation Revenue (Millions USD) and Growth Rate (2017-2027)
8.5.9. Southeast Asia
8.5.9.1. Southeast Asia OEM Insulation Sales and Growth Rate (2017-2027)
8.5.9.2. Southeast Asia OEM Insulation Revenue (Millions USD) and Growth Rate (2017-2027)
8.5.10. Rest of Asia-Pacific
8.5.10.1. Rest of Asia-Pacific OEM Insulation Sales and Growth Rate (2017-2027)
8.5.10.2. Rest of Asia-Pacific OEM Insulation Revenue (Millions USD) and Growth Rate (2017-2027)
8.6. South America
8.6.1. South America OEM Insulation Sales and Growth Rate (2017-2027)
8.6.2. South America OEM Insulation Revenue and Growth Rate (2017-2027)
8.6.3. South America OEM Insulation Sales by Countries (2017-2027)
8.6.4. South America OEM Insulation Revenue (Million USD) by Countries (2017-2027)
8.6.5. Brazil
8.6.5.1. Brazil OEM Insulation Sales and Growth Rate (2017-2027)
8.6.5.2. Brazil OEM Insulation Revenue (Millions USD) and Growth Rate (2017-2027)
8.6.6. Argentina
8.6.6.1. Argentina OEM Insulation Sales and Growth Rate (2017-2027)
8.6.6.2. Argentina OEM Insulation Revenue (Millions USD) and Growth Rate (2017-2027)
8.6.7. Columbia
8.6.7.1. Columbia OEM Insulation Sales and Growth Rate (2017-2027)
8.6.7.2. Columbia OEM Insulation Revenue (Millions USD) and Growth Rate (2017-2027)
8.6.8. Rest of South America
8.6.8.1. Rest of South America OEM Insulation Sales and Growth Rate (2017-2027)
8.6.8.2. Rest of South America OEM Insulation Revenue (Millions USD) and Growth Rate (2017-2027)
8.7. Middle East and Africa
8.7.1. Middle East and Africa OEM Insulation Sales and Growth Rate (2017-2027)
8.7.2. Middle East and Africa OEM Insulation Revenue and Growth Rate (2017-2027)
8.7.3. Middle East and Africa OEM Insulation Sales by Countries (2017-2027)
8.7.4. Middle East and Africa OEM Insulation Revenue (Million USD) by Countries (2017-2027)
8.7.5. Saudi Arabia
8.7.5.1. Saudi Arabia OEM Insulation Sales and Growth Rate (2017-2027)
8.7.5.2. Saudi Arabia OEM Insulation Revenue (Millions USD) and Growth Rate (2017-2027)
8.7.6. United Arab Emirates
8.7.6.1. United Arab Emirates OEM Insulation Sales and Growth Rate (2017-2027)
8.7.6.2. United Arab Emirates OEM Insulation Revenue (Millions USD) and Growth Rate (2017-2027)
8.7.7. Egypt
8.7.7.1. Egypt OEM Insulation Sales and Growth Rate (2017-2027)
8.7.7.2. Egypt OEM Insulation Revenue (Millions USD) and Growth Rate (2017-2027)
8.7.8. Nigeria
8.7.8.1. Nigeria OEM Insulation Sales and Growth Rate (2017-2027)
8.7.8.2. Nigeria OEM Insulation Revenue (Millions USD) and Growth Rate (2017-2027)
8.7.9. South Africa
8.7.9.1. South Africa OEM Insulation Sales and Growth Rate (2017-2027)
8.7.9.2. South Africa OEM Insulation Revenue (Millions USD) and Growth Rate (2017-2027)
8.7.10. Rest of Middle East and Africa
8.7.10.1. Rest of Middle East and Africa OEM Insulation Sales and Growth Rate (2017-2027)
8.7.10.2. Rest of Middle East and Africa OEM Insulation Revenue (Millions USD) and Growth Rate (2017-2027)
9. Company Profiles
9.1. BASF
9.1.1. Business Overview
9.1.2. Material Portfolio
9.1.3. Strategic Developments
9.1.4. Sales, Revenue and Market Share
9.2. 3M
9.2.1. Business Overview
9.2.2. Material Portfolio
9.2.3. Strategic Developments
9.2.4. Sales, Revenue and Market Share
9.3. Evonik
9.3.1. Business Overview
9.3.2. Material Portfolio
9.3.3. Strategic Developments
9.3.4. Sales, Revenue and Market Share
9.4. Rockwool Group
9.4.1. Business Overview
9.4.2. Material Portfolio
9.4.3. Strategic Developments
9.4.4. Sales, Revenue and Market Share
9.5. SAINT-GOBAIN
9.5.1. Business Overview
9.5.2. Material Portfolio
9.5.3. Strategic Developments
9.5.4. Sales, Revenue and Market Share
9.6. Henry Company
9.6.1. Business Overview
9.6.2. Material Portfolio
9.6.3. Strategic Developments
9.6.4. Sales, Revenue and Market Share
9.7. Styrotech, Inc.
9.7.1. Business Overview
9.7.2. Material Portfolio
9.7.3. Strategic Developments
9.7.4. Sales, Revenue and Market Share
9.8. Knauf Insulation Inc.
9.8.1. Business Overview
9.8.2. Material Portfolio
9.8.3. Strategic Developments
9.8.4. Sales, Revenue and Market Share
9.9. Honeywell
9.9.1. Business Overview
9.9.2. Material Portfolio
9.9.3. Strategic Developments
9.9.4. Sales, Revenue and Market Share
9.10. Nippon Aqua Co. Ltd.
9.10.1. Business Overview
9.10.2. Material Portfolio
9.10.3. Strategic Developments
9.10.4. Sales, Revenue and Market Share
9.11. ACH Foam Technologies, LLC
9.11.1. Business Overview
9.11.2. Material Portfolio
9.11.3. Strategic Developments
9.11.4. Sales, Revenue and Market Share
9.12. NCFI Polyurethanes
9.12.1. Business Overview
9.12.2. Material Portfolio
9.12.3. Strategic Developments
9.12.4. Sales, Revenue and Market Share
9.13. Johns Manville Corporation
9.13.1. Business Overview
9.13.2. Material Portfolio
9.13.3. Strategic Developments
9.13.4. Sales, Revenue and Market Share
10. Global OEM Insulation Market Competition, by Manufacturer
10.1. Global OEM Insulation Sales and Market Share by Manufacturer (2017-2017)
10.2. Global OEM Insulation Revenue and Market Share by Manufacturer (2017-2017)
10.3. Global OEM Insulation Price by Region (2017-2017)
10.4. Top 5 OEM Insulation Manufacturer Market Share
10.5. Market Competition Trend
11. OEM Insulation Market Forecast (2027-2023)
11.1. Global OEM Insulation Sales, Revenue (Millions USD) and Growth Rate (2027-2023)
11.2. OEM Insulation Market Forecast by Regions (2027-2023)
11.2.1. North America OEM Insulation Market Forecast (2027-2023)
11.2.1.1. United States OEM Insulation Market Forecast (2027-2023)
11.2.1.2. Canada OEM Insulation Market Forecast (2027-2023)
11.2.1.3. Mexico OEM Insulation Market Forecast (2027-2023)
11.2.2. Europe OEM Insulation Market Forecast (2027-2023)
11.2.2.1. Germany OEM Insulation Market Forecast (2027-2023)
11.2.2.2. United Kingdom OEM Insulations Market Forecast (2027-2023)
11.2.2.3. France OEM Insulation Market Forecast (2027-2023)
11.2.2.4. Russia OEM Insulation Market Forecast (2027-2023)
11.2.2.5. Italy OEM Insulation Market Forecast (2027-2023)
11.2.2.6. Rest of the Europe OEM Insulation Market Forecast (2027-2023)
11.2.3. Asia-Pacific OEM Insulation Market Forecast (2027-2023)
11.2.3.1. China OEM Insulation Market Forecast (2027-2023)
11.2.3.2. Japan OEM Insulation Market Forecast (2027-2023)
11.2.3.3. Korea OEM Insulation Market Forecast (2027-2023)
11.2.3.4. India OEM Insulation Market Forecast (2027-2023)
11.2.3.5. Southeast Asia OEM Insulation Market Forecast (2027-2023)
11.2.3.6. Rest of Asia-Pacific OEM Insulation Market Forecast (2027-2023)
11.2.4. South America OEM Insulation Market Forecast (2027-2023)
11.2.4.1. Brazil OEM Insulation Market Forecast (2027-2023)
11.2.4.2. Argentina OEM Insulation Market Forecast (2027-2023)
11.2.4.3. Columbia OEM Insulation Market Forecast (2027-2023)
11.2.4.4. Rest of South America OEM Insulation Market Forecast (2027-2023)
11.2.5. Middle East and Africa OEM Insulation Market Forecast (2027-2023)
11.2.5.1. Saudi Arabia OEM Insulation Market Forecast (2027-2023)
11.2.5.2. UAE OEM Insulation Market Forecast (2027-2023)
11.2.5.3. Egypt OEM Insulation Market Forecast (2027-2023)
11.2.5.4. Nigeria OEM Insulation Market Forecast (2027-2023)
11.2.5.5. South Africa OEM Insulation Market Forecast (2027-2023)
11.2.5.6. Rest of MEA OEM Insulation Market Forecast (2027-2023)
11.3. OEM Insulation Market Forecast by Material (2027-2023)
11.3.1. Global OEM Insulation Sales Forecast by Material (2027-2023)
11.3.2. Global OEM Insulation Sales Market Share Forecast by Material (2027-2023)
11.4. OEM Insulation Market Forecast by Insulation Type (2027-2023)
11.4.1. Global OEM Insulation Sales Forecast by Insulation Type (2027-2023)
11.4.2. Global OEM Insulation Sales Market Share Forecast by Insulation Type (2027-2023)
11.5. OEM Insulation Market Forecast by End Use (2027-2023)
11.5.1. Global OEM Insulation Sales Forecast by End Use (2027-2023)
11.5.2. Global OEM Insulation Sales Market Share Forecast by End Use (2027-2023)
List of Tables
*You can glance through the list of Tables and Figures when you view the sample copy of OEM Insulation 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 |
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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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