Precision Electric Motors Market by Type and Application- Global Industry Analysis and Forecast to 2023

Published On : November 2017 Pages : 60 Category: Sensors & Controls Report Code : SE11366

Industry Outlook and Trend Analysis

The Precision Electric Motors Market was worth USD 26.10 billion in the year 2014 and is expected to reach approximately USD 77.9 billion by 2023, while registering itself at a compound annual growth rate (CAGR) of 12.92% during the forecast period. The precision electric motors are enhanced and superior electric engines with different fundamental highlights, for example, increased shelf life, minimum noise, and reduced energy cost. Additionally, the precision electric motors provide simple establishment and less support cost. The precision electric motor works through the cooperation between an electric engine's magnetic field and twisting current to create drive. The structural component of precision electric motors is commonly a lasting magnet synchronous engine, yet can likewise be an enlistment engine or exchanged reluctance engine. Moreover, precision electric motors render various benefits including increased reliability, high torque to weight ratio, increased efficiency, and general lessening of electromagnetic interference. The rising requirement for precision electric motors because of substitution of the obsolete low proficient electric engines with high effective electric engines, expanding vehicle creation, and stringent directions on energy usage are anticipated to help the market globally acting as significant driving variables for the precision electric motors market. Nonetheless, high introductory cost of the precision electric motor may hamper the market development sooner rather than later.

 

Motor Type Outlook and Trend Analysis

On the basis of motor type, the precision electric motors market is divided into AC brushless motors and DC brushless motors. Among these, DC brushless motors can be controlled by making the use of basic switching commutation logic, while AC brushless motors are controlled by means of complex calculations requiring numerical abilities. In 2014, DC brushless engines held the greatest share of US$21.2 billion in the market based on revenue and are foreseen to keep up their predominance in the figure time frame. The reason behind the strength of DC brushless motors is their expanding application in chassis and powertrains inside cars.

Application Outlook and Trend Analysis

On the basis of application, the precision electric motors market is sectioned into automotive, healthcare, household appliances, defense and aerospace, industrial machinery, and others. In 2013, In terms of revenue, the industrial machinery fragment represented to an offer of 25 percent in the market for precision electric motors. This fragment likewise held the biggest share in the market in 2014 and remained at a valuation of US$6.7 billion. The prevalence of this portion is ascribed over the rising assembling of industrial machinery, especially in the developing countries of China, Brazil, and Russia, among others.

Regional Outlook and Trend Analysis

Geographically, the market is sectioned into Asia Pacific, North America, Europe, and Rest of the World (RoW). Among these, in 2014, Asia Pacific accounted for the greatest offer in the market and is the most quickly creating market for precision electric motors. It is anticipated to keep up its prevalence in the upcoming years. This area has encountered exponential development in the precision electric motors market attributable to expanding industrialization in nations, for example, Malaysia, India, Indonesia, and China, among others. Furthermore, the rising dispensable incomes of purchasers in these nations have likewise helped increment the interest for precision electric motors inside the Asia Pacific locale.

Competitive Insights

The leading players in the market are Baldor Electric Company, Regal Beloit, Yaskawa Electric Corporation and Nidec among 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 global Precision Electric Motors Market is segmented as follows-

By Type:

  • AC brushless motors
  • DC brushless motors

By Application:

  • Industrial machinery
  • Defense and aerospace
  • Automotive
  • Household appliances
  • Healthcare
  • Others

By Region

  • North America
  • U.S
  • Canada
  • Mexico
  • Europe
  • Germany
  • France
  • UK
  • Italy
  • Spain
  • Rest of Europe
  • Asia-Pacific
  • Japan
  • China
  • Australia
  • India
  • South Korea
  • Rest of Asia Pacific
  • Rest of the World
  • Brazil
  • South Africa
  • Saudi Arabia
  • United Arab Emirates
  • Others

Some of the key questions answered by the report are:

  • What was the market size in 2014 and forecast from 2015 to 2023?
  • What will be the industry market growth from 2015 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

  • Precision Electric Motors Market, By Type, Estimates and Forecast, 2014-2023($Million)
    • AC brushless motors
    • DC brushless motors
  • Precision Electric Motors Market, By Application, Estimates and Forecast, 2014-2023($Million)
    • Automotive
    • Industrial machinery
    • Household appliances
    • Defense and aerospace
    • Healthcare
    • Other Applications
  • Precision Electric Motors Market, By Region, Estimates and Forecast, 2014-2023($Million)
    • North America
  • North America  Precision Electric Motors Market, By Country
  • North America  Precision Electric Motors Market, By Type
  • North America  Precision Electric Motors Market, By Application
    • U.S.  Precision Electric Motors Market, By Type
    • U.S. Precision Electric Motors Market, By Application
    • Canada  Precision Electric Motors Market, By Type
    • Canada  Precision Electric Motors Market, By Application
    • Mexico  Precision Electric Motors Market, By Type
    • Mexico  Precision Electric Motors Market, By Application
    • Europe
  • Europe Precision Electric Motors Market, By Country
  • Europe Precision Electric Motors Market, By Type
  • Europe Precision Electric Motors Market, By Application
    • Germany  Precision Electric Motors Market, By Type
    • Germany  Precision Electric Motors Market, By Application
    • France Precision Electric Motors Market, By Type
    • France Precision Electric Motors Market, By Application
    • UK   Precision Electric Motors Market, By Type
    • UK   Precision Electric Motors Market, By Application
    • Italy   Precision Electric Motors Market, By Type
    • Italy   Precision Electric Motors Market, By Application
    • Spain   Precision Electric Motors Market, By Type
    • Spain   Precision Electric Motors Market, By Application
    • Rest of Europe   Precision Electric Motors Market, By Type
    • Rest of Europe   Precision Electric Motors Market, By Application
    • Asia-Pacific
      • Asia-Pacific   Precision Electric Motors Market, By Country
      • Asia-Pacific   Precision Electric Motors Market, By Type
      • Asia-Pacific   Precision Electric Motors Market, By Application
        • Japan   Precision Electric Motors Market, By Type
        • Japan   Precision Electric Motors Market, By Application
        • Australia   Precision Electric Motors Market, By Type
        • Australia   Precision Electric Motors Market, By Application
        • India   Precision Electric Motors Market, By Type
        • India   Precision Electric Motors Market, By Application
        • South Korea   Precision Electric Motors Market, By Type
        • South Korea   Precision Electric Motors Market, By Application
        • Rest of Asia-Pacific   Precision Electric Motors Market, By Type
        • Rest of Asia-Pacific   Precision Electric Motors Market, By Application
    • Rest of the World
      • Rest of the World   Precision Electric Motors Market, By Country
      • Rest of the World   Precision Electric Motors Market, By Type
      • Rest of the World   Precision Electric Motors Market, By Application
        • Brazil   Precision Electric Motors Market, By Type
        • Brazil   Precision Electric Motors Market, By Application
        • South Africa   Precision Electric Motors Market, By Type
        • South Africa   Precision Electric Motors Market, By Application
        • Saudi Arabia   Precision Electric Motors Market, By Type
        • Saudi Arabia   Precision Electric Motors Market, By Application
        • Turkey   Precision Electric Motors Market, By Type
        • Turkey   Precision Electric Motors Market, By Application
        • United Arab Emirates   Precision Electric Motors Market, By Type
        • United Arab Emirates   Precision Electric Motors Market, By Application
        • Others   Precision Electric Motors Market, By Type
        • Others   Precision Electric Motors Market, By Application

Table of Contents

1.       Introduction

1.1.       Report Description

1.2.       Research Methodology

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

3.2.1.1.    Increasing Vehicle Production Worldwide

3.2.1.2.    Rising Demand For High Performance Motors

3.2.2.  Restraints

3.2.2.1.    Lowering of Position Control Precision

3.2.2.2.    High Initial Investment

3.2.3.  Opportunities

3.2.3.1.    Emerging Markets to Offer Lucrative Growth Opportunities

4.       Precision Electric Motors, By Type

4.1.       Introduction

4.2.       Precision Electric Motors Assessment and Forecast, By Type, 2014-2023

4.3.       AC Brushless Motors

4.3.1.  Market Assessment and Forecast, By Region, 2014-2023 ($Million)

4.4.       DC Brushless Motors

4.4.1.  Market Assessment and Forecast, By Region, 2014-2023 ($Million)

5.       Precision Electric Motors, By Application

5.1.       Introduction

5.2.       The Precision Electric Motors Assessment and Forecast, By Application, 2014-2023

5.3.       Automotive

5.3.1.  Market Assessment and Forecast, By Region, 2014-2023 ($Million)

5.4.       Industrial machinery

5.4.1.  Market Assessment and Forecast, By Region, 2014-2023 ($Million)

5.5.       Household appliances

5.5.1.  Market Assessment and Forecast, By Region, 2014-2023 ($Million)

5.6.       Defense and aerospace

5.6.1.  Market Assessment and Forecast, By Region, 2014-2023 ($Million)

5.7.       Healthcare

5.7.1.  Market Assessment and Forecast, By Region, 2014-2023 ($Million)

5.8.       Other Applications

5.8.1.  Market  Assessment and Forecast, By Region, 2014-2023 ($Million)

6.       Precision Electric Motors, By Region

6.1.       Introduction

6.2.       Precision Electric Motors   Assessment and Forecast, By Type, 2014-2023 ($Million)

6.3.       Precision Electric Motors   Assessment and Forecast, By Application , 2014-2023 ($Million)

6.4.       North America

6.4.1.  Market Assessment and Forecast, By Country, 2014-2023 ($Million)

6.4.2.  Market Assessment and Forecast, By Type, 2014-2023 ($Million)

6.4.3.  Market Assessment and Forecast, By Application, 2014-2023 ($Million)

6.4.4.  U.S.

6.4.4.1.    Market Assessment and Forecast, By Type, 2014-2023 ($Million)

6.4.4.2.    Market Assessment and Forecast, By Application, 2014-2023 ($Million)

6.4.5.  Canada

6.4.5.1.    Market Assessment and Forecast, By Type, 2014-2023 ($Million)

6.4.5.2.    Market Assessment and Forecast, By Application, 2014-2023 ($Million)

6.4.6.  Mexico

6.4.6.1.    Market Assessment and Forecast, By Type, 2014-2023 ($Million)

6.4.6.2.    Market Assessment and Forecast, By Application, 2014-2023 ($Million)

6.5.       Europe

6.5.1.  Market Assessment and Forecast, By Country, 2014-2023 ($Million)

6.5.2.  Market Assessment and Forecast, By Type, 2014-2023 ($Million)

6.5.3.  Market Assessment and Forecast, By Application, 2014-2023 ($Million)

6.5.4.  Germany

6.5.4.1.    Market Assessment and Forecast, By Type, 2014-2023 ($Million)

6.5.4.2.    Market Assessment and Forecast, By Application, 2014-2023 ($Million)

6.5.5.  France

6.5.5.1.    Market Assessment and Forecast, By Type, 2014-2023 ($Million)

6.5.5.2.    Market Assessment and Forecast, By Application, 2014-2023 ($Million)

6.5.6.  UK

6.5.6.1.    Market Assessment and Forecast, By Type, 2014-2023 ($Million)

6.5.6.2.    Market Assessment and Forecast, By Application, 2014-2023 ($Million)

6.5.7.  Italy

6.5.7.1.    Market Assessment and Forecast, By Type, 2014-2023 ($Million)

6.5.7.2.    Market Assessment and Forecast, By Application, 2014-2023 ($Million)

6.5.8.  Spain

6.5.8.1.    Market Assessment and Forecast, By Type, 2014-2023 ($Million)

6.5.8.2.    Market Assessment and Forecast, By Application, 2014-2023 ($Million)

6.5.9.  Rest of Europe

6.5.9.1.    Market Assessment and Forecast, By Type, 2014-2023 ($Million)

6.5.9.2.    Market Assessment and Forecast, By Application, 2014-2023 ($Million)

6.6.       Asia-Pacific

6.6.1.  Market Assessment and Forecast, By Country, 2014-2023 ($Million)

6.6.2.  Market Assessment and Forecast, By Type, 2014-2023 ($Million)

6.6.3.  Market Assessment and Forecast, By Application, 2014-2023 ($Million)

6.6.4.  Japan

6.6.4.1.    Market Assessment and Forecast, By Type, 2014-2023 ($Million)

6.6.4.2.    Market Assessment and Forecast, By Application, 2014-2023 ($Million)

6.6.5.  China

6.6.5.1.    Market Assessment and Forecast, By Type, 2014-2023 ($Million)

6.6.5.2.    Market Assessment and Forecast, By Application, 2014-2023 ($Million)

6.6.6.  Australia

6.6.6.1.    Market Assessment and Forecast, By Type, 2014-2023 ($Million)

6.6.6.2.    Market Assessment and Forecast, By Application, 2014-2023 ($Million)

6.6.7.  India

6.6.7.1.    Market Assessment and Forecast, By Type, 2014-2023 ($Million)

6.6.7.2.    Market Assessment and Forecast, By Application, 2014-2023 ($Million)

6.6.8.  South Korea

6.6.8.1.    Market Assessment and Forecast, By Type, 2014-2023 ($Million)

6.6.8.2.    Market Assessment and Forecast, By Application, 2014-2023 ($Million)

6.6.9.  Rest of Asia-Pacific

6.6.9.1.    Market Assessment and Forecast, By Type, 2014-2023 ($Million)

6.6.9.2.    Market Assessment and Forecast, By Application, 2014-2023 ($Million)

6.7.       Rest of the World

6.7.1.  Market Assessment and Forecast, By Country, 2014-2023 ($Million)

6.7.2.  Market Assessment and Forecast, By Type, 2014-2023 ($Million)

6.7.3.  Market Assessment and Forecast, By Application, 2014-2023 ($Million)

6.7.4.  Brazil

6.7.4.1.    Market Assessment and Forecast, By Type, 2014-2023 ($Million)

6.7.4.2.    Market Assessment and Forecast, By Application, 2014-2023 ($Million)

6.7.5.  Turkey

6.7.5.1.    Market Assessment and Forecast, By Type, 2014-2023 ($Million)

6.7.5.2.    Market Assessment and Forecast, By Application, 2014-2023 ($Million)

6.7.6.  Saudi Arabia

6.7.6.1.    Market Assessment and Forecast, By Type, 2014-2023 ($Million)

6.7.6.2.    Market Assessment and Forecast, By Application, 2014-2023 ($Million)

6.7.7.  South Africa

6.7.7.1.    Market Assessment and Forecast, By Type, 2014-2023 ($Million)

6.7.7.2.    Market Assessment and Forecast, By Application, 2014-2023 ($Million)

6.7.8.  United Arab Emirates

6.7.8.1.    Market Assessment and Forecast, By Type, 2014-2023 ($Million)

6.7.8.2.    Market Assessment and Forecast, By Application, 2014-2023 ($Million)

6.7.9.  Others

6.7.9.1.    Market Assessment and Forecast, By Type, 2014-2023 ($Million)

6.7.9.2.    Market Assessment and Forecast, By Application, 2014-2023 ($Million)

7.       Company Profiles

7.1.       Baldor Electric Company

7.1.1.  Business Overview

7.1.2.  Product Portfolio

7.1.3.  Key Financials

7.1.4.  Strategic Developments

7.2.       Yaskawa Electric Corporation

7.2.1.  Business Overview

7.2.2.  Product Portfolio

7.2.3.  Key Financials

7.2.4.  Strategic Developments

7.3.       Nidec Corporation

7.3.1.  Business Overview

7.3.2.  Product  Portfolio

7.3.3.  Key Financials

7.3.4.  Strategic Developments

7.4.       Regal Beloit Corp.

7.4.1.  Business Overview

7.4.2.  Product  Portfolio

7.4.3.  Key Financials

7.4.4.  Strategic Developments

7.5.       Omron Corporation

7.5.1.  Business Overview

7.5.2.  Product  Portfolio

7.5.3.  Key Financials

7.5.4.  Strategic Developments


List of Tables

Table 1.Global Precision Electric Motors, By Type, 2014-2023 ($Million)
Table 2.AC brushless motors Market, By Region, 2014-2023 ($Million)
Table 3.DC brushless motors Market, By Region, 2014-2023 ($Million)
Table 4.Global Precision Electric Motors Market, By Application, 2014-2023 ($Million)
Table 5.Automotive Market, By Region, 2014-2023 ($Million)
Table 6.Industrial machinery Market, By Region, 2014-2023 ($Million)
Table 7.Household appliances Market, By Region, 2014-2023 ($Million)
Table 8.Defense and aerospace Market, By Region, 2014-2023 ($Million)
Table 9.Healthcare Market, By Region, 2014-2023 ($Million)
Table 10.Other Applications Market, By Region, 2014-2023 ($Million)
Table 11.North America Precision Electric Motors, By Country, 2014-2023 ($Million)
Table 12.North America Precision Electric Motors, By Type, 2014-2023 ($Million)
Table 13.North America Precision Electric Motors, By Application, 2014-2023 ($Million)
Table 14.U.S. Precision Electric Motors, By Type, 2014-2023 ($Million)
Table 15.U.S. Precision Electric Motors, By Application, 2014-2023 ($Million)
Table 16.Canada Precision Electric Motors, By Type, 2014-2023 ($Million)
Table 17.Canada Precision Electric Motors, By Application, 2014-2023 ($Million)
Table 18.Mexico Precision Electric Motors, By Type, 2014-2023 ($Million)
Table 19.Mexico Precision Electric Motors, By Application, 2014-2023 ($Million)
Table 20.Europe Precision Electric Motors, By Country, 2014-2023 ($Million)
Table 21.Europe Precision Electric Motors, By Type, 2014-2023 ($Million)
Table 22.Europe Precision Electric Motors, By Application, 2014-2023 ($Million)
Table 23.Germany Precision Electric Motors, By Type, 2014-2023 ($Million)
Table 24.Germany Precision Electric Motors, By Application, 2014-2023 ($Million)
Table 25.France Precision Electric Motors, By Type, 2014-2023 ($Million)
Table 26.France Precision Electric Motors, By Application, 2014-2023 ($Million)
Table 27.UK Precision Electric Motors, By Type, 2014-2023 ($Million)
Table 28.UK Precision Electric Motors, By Application, 2014-2023 ($Million)
Table 29.Italy Precision Electric Motors, By Type, 2014-2023 ($Million)
Table 30.Italy Precision Electric Motors, By Application, 2014-2023 ($Million)
Table 31.Spain Precision Electric Motors, By Type, 2014-2023 ($Million)
Table 32.Spain Precision Electric Motors, By Application, 2014-2023 ($Million)
Table 33.Rest of Europe Precision Electric Motors, By Type, 2014-2023 ($Million)
Table 34.Rest of Europe Precision Electric Motors, By Application, 2014-2023 ($Million)
Table 35.Asia-Pacific Precision Electric Motors, By Country, 2014-2023 ($Million)
Table 36.Asia-Pacific Precision Electric Motors, By Type, 2014-2023 ($Million)
Table 37.Asia-Pacific Precision Electric Motors, By Application, 2014-2023 ($Million)
Table 38.Japan Precision Electric Motors, By Type, 2014-2023 ($Million)
Table 39.Japan Precision Electric Motors, By Application, 2014-2023 ($Million)
Table 40.China Precision Electric Motors, By Type, 2014-2023 ($Million)
Table 41.China Precision Electric Motors, By Application, 2014-2023 ($Million)
Table 42.Australia Precision Electric Motors, By Type, 2014-2023 ($Million)
Table 43.Australia Precision Electric Motors, By Application, 2014-2023 ($Million)
Table 44.India Precision Electric Motors, By Type, 2014-2023 ($Million)
Table 45.India Precision Electric Motors, By Application, 2014-2023 ($Million)
Table 46.South Korea Precision Electric Motors, By Type, 2014-2023 ($Million)
Table 47.South Korea Precision Electric Motors, By Application, 2014-2023 ($Million)
Table 48.Rest of Asia-Pacific Precision Electric Motors, By Type, 2014-2023 ($Million)
Table 49.Rest of Asia-Pacific Precision Electric Motors, By Application, 2014-2023 ($Million)
Table 50.Rest of the World Precision Electric Motors, By Country, 2014-2023 ($Million)
Table 51.Rest of the World Precision Electric Motors, By Type, 2014-2023 ($Million)
Table 52.Rest of the World Precision Electric Motors, By Application, 2014-2023 ($Million)
Table 53.Brazil Precision Electric Motors, By Type, 2014-2023 ($Million)
Table 54.Brazil Precision Electric Motors, By Application, 2014-2023 ($Million)
Table 55.Turkey Precision Electric Motors, By Type, 2014-2023 ($Million)
Table 56.Turkey Precision Electric Motors, By Application, 2014-2023 ($Million)
Table 57.Saudi Arabia Precision Electric Motors, By Type, 2014-2023 ($Million)
Table 58.Saudi Arabia Precision Electric Motors, By Application, 2014-2023 ($Million)
Table 59.South Africa Precision Electric Motors, By Type, 2014-2023 ($Million)
Table 60.South Africa Precision Electric Motors, By Application, 2014-2023 ($Million)
Table 61.United Arab Emirates Precision Electric Motors, By Type, 2014-2023 ($Million)
Table 62.United Arab Emirates Precision Electric Motors, By Application, 2014-2023 ($Million)
Table 63.Others Precision Electric Motors, By Type, 2014-2023 ($Million)
Table 64.Others Precision Electric Motors, By Application, 2014-2023 ($Million)
Table 65.Baldor Electric Company: Key Strategic Developments, 2015-2017
Table 66.Yaskawa Electric Corporation: Key Strategic Developments, 2015-2017
Table 67.Nidec Corporation: Key Strategic Developments, 2015-2017
Table 68.Regal Beloit Corp.: Key Strategic Developments, 2015-2017
Table 69.Omron Corporation: Key Strategic Developments, 2015-2017


List of Figures

Figure 1.Global Precision Electric Motors Share, By Type, 2014 & 2023
Figure 2.Global Precision Electric Motors, By Application, 2014 & 2023 ($Million)
Figure 3.Global Precision Electric Motors, By Region, 2014 & 2023 ($Million)
Figure 4.Baldor Electric Company: Net Revenues, 2014-2016 ($Million)
Figure 5.Baldor Electric Company: Net Revenue Share, By Segment, 2016
Figure 6.Baldor Electric Company: Net Revenue Share, By Geography, 2016
Figure 7.Yaskawa Electric Corporation: Net Revenues, 2014-2016 ($Million)
Figure 8.Yaskawa Electric Corporation: Net Revenue Share, By Segment, 2016
Figure 9.Yaskawa Electric Corporation: Net Revenue Share, By Geography, 2016
Figure 10.Nidec Corporation: Net Revenues, 2014-2016 ($Million)
Figure 11.Nidec Corporation: Net Revenue Share, By Segment, 2016
Figure 12.Nidec Corporation: Net Revenue Share, By Geography, 2016
Figure 13.Regal Beloit Corp.: Net Revenues, 2014-2016 ($Million)
Figure 14.Regal Beloit Corp.: Net Revenue Share, By Segment, 2016
Figure 15.Regal Beloit Corp.: Net Revenue Share, By Geography, 2016
Figure 16.Omron Corporation: Net Revenues, 2014-2016 ($Million)
Figure 17.Omron Corporation: Net Revenue Share, By Segment, 2016
Figure 18.Omron Corporation: Net Revenue Share, By Geography, 2016

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

Data Collection Matrix

Supply Side

Demand Side

Primary Data Sources

  • Manufacturers
  • Distributors & Wholesalers
  • GPOs
  • Physicians/Specialist
  • Healthcare Providers
  • Consumers

Secondary Data Sources

  • Annual Reports/SEC Filings/ Investor Presentations/ Press Releases
  • Government/Associations Publications
  • Case Studies
  • Reference Customers

 

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

Qualitative Data

Quantitative Data (2017-2025)

  • Market Dynamics (Drivers, Restraints, and Challenges)
  • Industry Trend Analysis
  • Market Opportunities
  • Government Policies and Regulations, Patent Analysis, and Reimbursement Policies
  • Porter’s Five Forces and PESTLE Analysis
  • Key Developments and Competitive Landscape
  • Market Assessment and Forecast
  • Market Assessment and Forecast, By Product
  • Market Assessment and Forecast, By Technology
  • Market Assessment and Forecast, By Application
  • Market Assessment and Forecast, By End User
  • Market Assessment and Forecast, By Region/Country

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