Automotive Airbag Silicone Market
Automotive Airbag Silicone - Global Market Outlook (2019-2027)
According to Stratistics MRC, the Global Automotive Airbag Silicone market accounted for $203.50 million in 2019 and is expected to reach $846.28 million by 2027 growing at a CAGR of 19.5% during the forecast period. Growing demand for electric vehicles, advantages offered by silicone-coated airbags, and the increasing number of airbags per vehicle are some of the key driving factors for the market growth. However, the high cost of raw materials and the increasing development of active safety systems may hinder the market growth.
An airbag is a vehicle occupant-restraint system using a bag designed to inflate extremely quickly, and then quickly deflate during a collision. Automotive airbags contain silicone which offers various properties such as thermal resistance, slip, and protection. Airbags create heat and passengers in the car risk getting burnt, therefore applying a thin layer of silicone to the airbag will help protect the fabric from heat and prevent burn to passengers.
Based on the vehicle type, the passenger cars segment is going to have high growth during the forecast period as passive safety systems such as airbags are installed in passenger cars to reduce impact and save occupant lives during accidents. Owing to the benefits of airbags and the increasing number of road accidents, governments worldwide are increasingly encouraging the use of airbags to enhance safety in vehicles. By geography, Asia Pacific is going to have lucrative growth during the forecast period due to cost-effectiveness, regional airbag companies maximizing their presence to minimize supply chain costs, a high number of road accidents and related fatalities, increasing consumer concerns over safety and stringent rules and regulations to reduce road fatalities.
Some of the key players profiled in the Automotive Airbag Silicone include Dow, Ammeraal Beltech, Chukoh Chemical Industries, LTD, Elkem Silicones, Momentive, Shenzhen Square Silicone Co., Ltd, Shin-Etsu Chemical Co., Ltd, Silicone Engineering Ltd, Wacker Asahikasei Silicone Co., Ltd, Wacker Chemie AG, Zodiac Automotive, Robert Bosch GmbH, Hyundai Mobis, Joyson Safety Systems, TORAY Industries, Toyobo Co., Ltd, Autoliv Inc, Milliken & Company, Denso Corporation, Mitsubishi Electric Corporation and Continental AG.
Airbag Types Covered:
• Cut-and-Sewn Seam-Sealed (CSSS)
• One-Piece-Woven (OPW)
Airbag Positions Covered:
• Curtain/Side
• Front
• Knee
Vehicle Types Covered:
• Commercial Vehicles
• Passenger Cars
Electrical Vehicles Covered:
• Battery Electric Vehicle (BEVs)
• Plug-in Hybrid Electric Vehicle (PHEVs)/Fuel Cell Electric Vehicle (FCEVs)
Types Covered:
• Methylbenzene
• Xylene
Level of Autonomy Covered:
• Level 4
• Level 5
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2018, 2019, 2020, 2024 and 2027
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Table of Contents
1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.7 Emerging Markets
3.8 Impact of Covid-19
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Automotive Airbag Silicone Market, By Airbag Type
5.1 Introduction
5.2 Cut-and-Sewn Seam-Sealed (CSSS)
5.3 One-Piece-Woven (OPW)
6 Global Automotive Airbag Silicone Market, By Airbag Position
6.1 Introduction
6.2 Curtain/Side
6.3 Front
6.4 Knee
7 Global Automotive Airbag Silicone Market, By Vehicle Type
7.1 Introduction
7.2 Commercial Vehicles
7.2.1 LCV (Light Commercial Vehicle)
7.2.2 HCV (Heavy Commercial Vehicle)
7.3 Passenger Cars
8 Global Automotive Airbag Silicone Market, By Electrical Vehicle
8.1 Introduction
8.2 Battery Electric Vehicle (BEVs)
8.3 Plug-in Hybrid Electric Vehicle (PHEVs)/Fuel Cell Electric Vehicle (FCEVs)
9 Global Automotive Airbag Silicone Market, By Type
9.1 Introduction
9.2 Methylbenzene
9.3 Xylene
10 Global Automotive Airbag Silicone Market, By Level of Autonomy
10.1 Introduction
10.2 Level 4
10.3 Level 5
11 Global Automotive Airbag Silicone Market, By Geography
11.1 Introduction
11.2 North America
11.2.1 US
11.2.2 Canada
11.2.3 Mexico
11.3 Europe
11.3.1 Germany
11.3.2 UK
11.3.3 Italy
11.3.4 France
11.3.5 Spain
11.3.6 Rest of Europe
11.4 Asia Pacific
11.4.1 Japan
11.4.2 China
11.4.3 India
11.4.4 Australia
11.4.5 New Zealand
11.4.6 South Korea
11.4.7 Rest of Asia Pacific
11.5 South America
11.5.1 Argentina
11.5.2 Brazil
11.5.3 Chile
11.5.4 Rest of South America
11.6 Middle East & Africa
11.6.1 Saudi Arabia
11.6.2 UAE
11.6.3 Qatar
11.6.4 South Africa
11.6.5 Rest of Middle East & Africa
12 Key Developments
12.1 Agreements, Partnerships, Collaborations and Joint Ventures
12.2 Acquisitions & Mergers
12.3 New Product Launch
12.4 Expansions
12.5 Other Key Strategies
13 Company Profiling
13.1 Dow
13.2 Ammeraal Beltech
13.3 Chukoh Chemical Industries, LTD
13.4 Elkem Silicones
13.5 Momentive
13.6 Shenzhen Square Silicone Co., Ltd
13.7 Shin-Etsu Chemical Co., Ltd
13.8 Silicone Engineering Ltd
13.9 Wacker Asahikasei Silicone Co., Ltd
13.10 Wacker Chemie AG
13.11 Zodiac Automotive
13.12 Robert Bosch GmbH
13.13 Hyundai Mobis
13.14 Joyson Safety Systems
13.15 TORAY Industries
13.16 Toyobo Co., Ltd
13.17 Autoliv Inc
13.18 Milliken & Company
13.19 Denso Corporation
13.20 Mitsubishi Electric Corporation
13.21 Continental AG
List of Tables
1 Global Automotive Airbag Silicone Market Outlook, By Region (2018-2027) (US $MN)
2 Global Automotive Airbag Silicone Market Outlook, By Airbag Type (2018-2027) (US $MN)
3 Global Automotive Airbag Silicone Market Outlook, By Cut-and-Sewn Seam-Sealed (CSSS) (2018-2027) (US $MN)
4 Global Automotive Airbag Silicone Market Outlook, By One-Piece-Woven (OPW) (2018-2027) (US $MN)
5 Global Automotive Airbag Silicone Market Outlook, By Airbag Position (2018-2027) (US $MN)
6 Global Automotive Airbag Silicone Market Outlook, By Curtain/Side (2018-2027) (US $MN)
7 Global Automotive Airbag Silicone Market Outlook, By Front (2018-2027) (US $MN)
8 Global Automotive Airbag Silicone Market Outlook, By Knee (2018-2027) (US $MN)
9 Global Automotive Airbag Silicone Market Outlook, By Vehicle Type (2018-2027) (US $MN)
10 Global Automotive Airbag Silicone Market Outlook, By Commercial Vehicles (2018-2027) (US $MN)
11 Global Automotive Airbag Silicone Market Outlook, By LCV (Light Commercial Vehicle) (2018-2027) (US $MN)
12 Global Automotive Airbag Silicone Market Outlook, By HCV (Heavy Commercial Vehicle) (2018-2027) (US $MN)
13 Global Automotive Airbag Silicone Market Outlook, By Passenger Cars (2018-2027) (US $MN)
14 Global Automotive Airbag Silicone Market Outlook, By Electrical Vehicle (2018-2027) (US $MN)
15 Global Automotive Airbag Silicone Market Outlook, By Battery Electric Vehicle (BEVs) (2018-2027) (US $MN)
16 Global Automotive Airbag Silicone Market Outlook, By Plug-in Hybrid Electric Vehicle (PHEVs)/Fuel Cell Electric Vehicle (FCEVs) (2018-2027) (US $MN)
17 Global Automotive Airbag Silicone Market Outlook, By Type (2018-2027) (US $MN)
18 Global Automotive Airbag Silicone Market Outlook, By Methylbenzene (2018-2027) (US $MN)
19 Global Automotive Airbag Silicone Market Outlook, By Xylene (2018-2027) (US $MN)
20 Global Automotive Airbag Silicone Market Outlook, By Level of Autonomy (2018-2027) (US $MN)
21 Global Automotive Airbag Silicone Market Outlook, By Level 4 (2018-2027) (US $MN)
22 Global Automotive Airbag Silicone Market Outlook, By Level 5 (2018-2027) (US $MN)
23 North America Automotive Airbag Silicone Market Outlook, By Country (2018-2027) (US $MN)
24 North America Automotive Airbag Silicone Market Outlook, By Airbag Type (2018-2027) (US $MN)
25 North America Automotive Airbag Silicone Market Outlook, By Cut-and-Sewn Seam-Sealed (CSSS) (2018-2027) (US $MN)
26 North America Automotive Airbag Silicone Market Outlook, By One-Piece-Woven (OPW) (2018-2027) (US $MN)
27 North America Automotive Airbag Silicone Market Outlook, By Airbag Position (2018-2027) (US $MN)
28 North America Automotive Airbag Silicone Market Outlook, By Curtain/Side (2018-2027) (US $MN)
29 North America Automotive Airbag Silicone Market Outlook, By Front (2018-2027) (US $MN)
30 North America Automotive Airbag Silicone Market Outlook, By Knee (2018-2027) (US $MN)
31 North America Automotive Airbag Silicone Market Outlook, By Vehicle Type (2018-2027) (US $MN)
32 North America Automotive Airbag Silicone Market Outlook, By Commercial Vehicles (2018-2027) (US $MN)
33 North America Automotive Airbag Silicone Market Outlook, By LCV (Light Commercial Vehicle) (2018-2027) (US $MN)
34 North America Automotive Airbag Silicone Market Outlook, By HCV (Heavy Commercial Vehicle) (2018-2027) (US $MN)
35 North America Automotive Airbag Silicone Market Outlook, By Passenger Cars (2018-2027) (US $MN)
36 North America Automotive Airbag Silicone Market Outlook, By Electrical Vehicle (2018-2027) (US $MN)
37 North America Automotive Airbag Silicone Market Outlook, By Battery Electric Vehicle (BEVs) (2018-2027) (US $MN)
38 North America Automotive Airbag Silicone Market Outlook, By Plug-in Hybrid Electric Vehicle (PHEVs)/Fuel Cell Electric Vehicle (FCEVs) (2018-2027) (US $MN)
39 North America Automotive Airbag Silicone Market Outlook, By Type (2018-2027) (US $MN)
40 North America Automotive Airbag Silicone Market Outlook, By Methylbenzene (2018-2027) (US $MN)
41 North America Automotive Airbag Silicone Market Outlook, By Xylene (2018-2027) (US $MN)
42 North America Automotive Airbag Silicone Market Outlook, By Level of Autonomy (2018-2027) (US $MN)
43 North America Automotive Airbag Silicone Market Outlook, By Level 4 (2018-2027) (US $MN)
44 North America Automotive Airbag Silicone Market Outlook, By Level 5 (2018-2027) (US $MN)
45 Europe Automotive Airbag Silicone Market Outlook, By Country (2018-2027) (US $MN)
46 Europe Automotive Airbag Silicone Market Outlook, By Airbag Type (2018-2027) (US $MN)
47 Europe Automotive Airbag Silicone Market Outlook, By Cut-and-Sewn Seam-Sealed (CSSS) (2018-2027) (US $MN)
48 Europe Automotive Airbag Silicone Market Outlook, By One-Piece-Woven (OPW) (2018-2027) (US $MN)
49 Europe Automotive Airbag Silicone Market Outlook, By Airbag Position (2018-2027) (US $MN)
50 Europe Automotive Airbag Silicone Market Outlook, By Curtain/Side (2018-2027) (US $MN)
51 Europe Automotive Airbag Silicone Market Outlook, By Front (2018-2027) (US $MN)
52 Europe Automotive Airbag Silicone Market Outlook, By Knee (2018-2027) (US $MN)
53 Europe Automotive Airbag Silicone Market Outlook, By Vehicle Type (2018-2027) (US $MN)
54 Europe Automotive Airbag Silicone Market Outlook, By Commercial Vehicles (2018-2027) (US $MN)
55 Europe Automotive Airbag Silicone Market Outlook, By LCV (Light Commercial Vehicle) (2018-2027) (US $MN)
56 Europe Automotive Airbag Silicone Market Outlook, By HCV (Heavy Commercial Vehicle) (2018-2027) (US $MN)
57 Europe Automotive Airbag Silicone Market Outlook, By Passenger Cars (2018-2027) (US $MN)
58 Europe Automotive Airbag Silicone Market Outlook, By Electrical Vehicle (2018-2027) (US $MN)
59 Europe Automotive Airbag Silicone Market Outlook, By Battery Electric Vehicle (BEVs) (2018-2027) (US $MN)
60 Europe Automotive Airbag Silicone Market Outlook, By Plug-in Hybrid Electric Vehicle (PHEVs)/Fuel Cell Electric Vehicle (FCEVs) (2018-2027) (US $MN)
61 Europe Automotive Airbag Silicone Market Outlook, By Type (2018-2027) (US $MN)
62 Europe Automotive Airbag Silicone Market Outlook, By Methylbenzene (2018-2027) (US $MN)
63 Europe Automotive Airbag Silicone Market Outlook, By Xylene (2018-2027) (US $MN)
64 Europe Automotive Airbag Silicone Market Outlook, By Level of Autonomy (2018-2027) (US $MN)
65 Europe Automotive Airbag Silicone Market Outlook, By Level 4 (2018-2027) (US $MN)
66 Europe Automotive Airbag Silicone Market Outlook, By Level 5 (2018-2027) (US $MN)
67 Asia Pacific Automotive Airbag Silicone Market Outlook, By Country (2018-2027) (US $MN)
68 Asia Pacific Automotive Airbag Silicone Market Outlook, By Airbag Type (2018-2027) (US $MN)
69 Asia Pacific Automotive Airbag Silicone Market Outlook, By Cut-and-Sewn Seam-Sealed (CSSS) (2018-2027) (US $MN)
70 Asia Pacific Automotive Airbag Silicone Market Outlook, By One-Piece-Woven (OPW) (2018-2027) (US $MN)
71 Asia Pacific Automotive Airbag Silicone Market Outlook, By Airbag Position (2018-2027) (US $MN)
72 Asia Pacific Automotive Airbag Silicone Market Outlook, By Curtain/Side (2018-2027) (US $MN)
73 Asia Pacific Automotive Airbag Silicone Market Outlook, By Front (2018-2027) (US $MN)
74 Asia Pacific Automotive Airbag Silicone Market Outlook, By Knee (2018-2027) (US $MN)
75 Asia Pacific Automotive Airbag Silicone Market Outlook, By Vehicle Type (2018-2027) (US $MN)
76 Asia Pacific Automotive Airbag Silicone Market Outlook, By Commercial Vehicles (2018-2027) (US $MN)
77 Asia Pacific Automotive Airbag Silicone Market Outlook, By LCV (Light Commercial Vehicle) (2018-2027) (US $MN)
78 Asia Pacific Automotive Airbag Silicone Market Outlook, By HCV (Heavy Commercial Vehicle) (2018-2027) (US $MN)
79 Asia Pacific Automotive Airbag Silicone Market Outlook, By Passenger Cars (2018-2027) (US $MN)
80 Asia Pacific Automotive Airbag Silicone Market Outlook, By Electrical Vehicle (2018-2027) (US $MN)
81 Asia Pacific Automotive Airbag Silicone Market Outlook, By Battery Electric Vehicle (BEVs) (2018-2027) (US $MN)
82 Asia Pacific Automotive Airbag Silicone Market Outlook, By Plug-in Hybrid Electric Vehicle (PHEVs)/Fuel Cell Electric Vehicle (FCEVs) (2018-2027) (US $MN)
83 Asia Pacific Automotive Airbag Silicone Market Outlook, By Type (2018-2027) (US $MN)
84 Asia Pacific Automotive Airbag Silicone Market Outlook, By Methylbenzene (2018-2027) (US $MN)
85 Asia Pacific Automotive Airbag Silicone Market Outlook, By Xylene (2018-2027) (US $MN)
86 Asia Pacific Automotive Airbag Silicone Market Outlook, By Level of Autonomy (2018-2027) (US $MN)
87 Asia Pacific Automotive Airbag Silicone Market Outlook, By Level 4 (2018-2027) (US $MN)
88 Asia Pacific Automotive Airbag Silicone Market Outlook, By Level 5 (2018-2027) (US $MN)
89 South America Automotive Airbag Silicone Market Outlook, By Country (2018-2027) (US $MN)
90 South America Automotive Airbag Silicone Market Outlook, By Airbag Type (2018-2027) (US $MN)
91 South America Automotive Airbag Silicone Market Outlook, By Cut-and-Sewn Seam-Sealed (CSSS) (2018-2027) (US $MN)
92 South America Automotive Airbag Silicone Market Outlook, By One-Piece-Woven (OPW) (2018-2027) (US $MN)
93 South America Automotive Airbag Silicone Market Outlook, By Airbag Position (2018-2027) (US $MN)
94 South America Automotive Airbag Silicone Market Outlook, By Curtain/Side (2018-2027) (US $MN)
95 South America Automotive Airbag Silicone Market Outlook, By Front (2018-2027) (US $MN)
96 South America Automotive Airbag Silicone Market Outlook, By Knee (2018-2027) (US $MN)
97 South America Automotive Airbag Silicone Market Outlook, By Vehicle Type (2018-2027) (US $MN)
98 South America Automotive Airbag Silicone Market Outlook, By Commercial Vehicles (2018-2027) (US $MN)
99 South America Automotive Airbag Silicone Market Outlook, By LCV (Light Commercial Vehicle) (2018-2027) (US $MN)
100 South America Automotive Airbag Silicone Market Outlook, By HCV (Heavy Commercial Vehicle) (2018-2027) (US $MN)
101 South America Automotive Airbag Silicone Market Outlook, By Passenger Cars (2018-2027) (US $MN)
102 South America Automotive Airbag Silicone Market Outlook, By Electrical Vehicle (2018-2027) (US $MN)
103 South America Automotive Airbag Silicone Market Outlook, By Battery Electric Vehicle (BEVs) (2018-2027) (US $MN)
104 South America Automotive Airbag Silicone Market Outlook, By Plug-in Hybrid Electric Vehicle (PHEVs)/Fuel Cell Electric Vehicle (FCEVs) (2018-2027) (US $MN)
105 South America Automotive Airbag Silicone Market Outlook, By Type (2018-2027) (US $MN)
106 South America Automotive Airbag Silicone Market Outlook, By Methylbenzene (2018-2027) (US $MN)
107 South America Automotive Airbag Silicone Market Outlook, By Xylene (2018-2027) (US $MN)
108 South America Automotive Airbag Silicone Market Outlook, By Level of Autonomy (2018-2027) (US $MN)
109 South America Automotive Airbag Silicone Market Outlook, By Level 4 (2018-2027) (US $MN)
110 South America Automotive Airbag Silicone Market Outlook, By Level 5 (2018-2027) (US $MN)
111 Middle East & Africa Automotive Airbag Silicone Market Outlook, By Country (2018-2027) (US $MN)
112 Middle East & Africa Automotive Airbag Silicone Market Outlook, By Airbag Type (2018-2027) (US $MN)
113 Middle East & Africa Automotive Airbag Silicone Market Outlook, By Cut-and-Sewn Seam-Sealed (CSSS) (2018-2027) (US $MN)
114 Middle East & Africa Automotive Airbag Silicone Market Outlook, By One-Piece-Woven (OPW) (2018-2027) (US $MN)
115 Middle East & Africa Automotive Airbag Silicone Market Outlook, By Airbag Position (2018-2027) (US $MN)
116 Middle East & Africa Automotive Airbag Silicone Market Outlook, By Curtain/Side (2018-2027) (US $MN)
117 Middle East & Africa Automotive Airbag Silicone Market Outlook, By Front (2018-2027) (US $MN)
118 Middle East & Africa Automotive Airbag Silicone Market Outlook, By Knee (2018-2027) (US $MN)
119 Middle East & Africa Automotive Airbag Silicone Market Outlook, By Vehicle Type (2018-2027) (US $MN)
120 Middle East & Africa Automotive Airbag Silicone Market Outlook, By Commercial Vehicles (2018-2027) (US $MN)
121 Middle East & Africa Automotive Airbag Silicone Market Outlook, By LCV (Light Commercial Vehicle) (2018-2027) (US $MN)
122 Middle East & Africa Automotive Airbag Silicone Market Outlook, By HCV (Heavy Commercial Vehicle) (2018-2027) (US $MN)
123 Middle East & Africa Automotive Airbag Silicone Market Outlook, By Passenger Cars (2018-2027) (US $MN)
124 Middle East & Africa Automotive Airbag Silicone Market Outlook, By Electrical Vehicle (2018-2027) (US $MN)
125 Middle East & Africa Automotive Airbag Silicone Market Outlook, By Battery Electric Vehicle (BEVs) (2018-2027) (US $MN)
126 Middle East & Africa Automotive Airbag Silicone Market Outlook, By Plug-in Hybrid Electric Vehicle (PHEVs)/Fuel Cell Electric Vehicle (FCEVs) (2018-2027) (US $MN)
127 Middle East & Africa Automotive Airbag Silicone Market Outlook, By Type (2018-2027) (US $MN)
128 Middle East & Africa Automotive Airbag Silicone Market Outlook, By Methylbenzene (2018-2027) (US $MN)
129 Middle East & Africa Automotive Airbag Silicone Market Outlook, By Xylene (2018-2027) (US $MN)
130 Middle East & Africa Automotive Airbag Silicone Market Outlook, By Level of Autonomy (2018-2027) (US $MN)
131 Middle East & Africa Automotive Airbag Silicone Market Outlook, By Level 4 (2018-2027) (US $MN)
132 Middle East & Africa Automotive Airbag Silicone Market Outlook, By Level 5 (2018-2027) (US $MN)
List of Figures
RESEARCH METHODOLOGY
We at ‘Stratistics’ opt for an extensive research approach which involves data mining, data validation, and data analysis. The various research sources include in-house repository, secondary research, competitor’s sources, social media research, client internal data, and primary research.
Our team of analysts prefers the most reliable and authenticated data sources in order to perform the comprehensive literature search. With access to most of the authenticated data bases our team highly considers the best mix of information through various sources to obtain extensive and accurate analysis.
Each report takes an average time of a month and a team of 4 industry analysts. The time may vary depending on the scope and data availability of the desired market report. The various parameters used in the market assessment are standardized in order to enhance the data accuracy.
Data Mining
The data is collected from several authenticated, reliable, paid and unpaid sources and is filtered depending on the scope & objective of the research. Our reports repository acts as an added advantage in this procedure. Data gathering from the raw material suppliers, distributors and the manufacturers is performed on a regular basis, this helps in the comprehensive understanding of the products value chain. Apart from the above mentioned sources the data is also collected from the industry consultants to ensure the objective of the study is in the right direction.
Market trends such as technological advancements, regulatory affairs, market dynamics (Drivers, Restraints, Opportunities and Challenges) are obtained from scientific journals, market related national & international associations and organizations.
Data Analysis
From the data that is collected depending on the scope & objective of the research the data is subjected for the analysis. The critical steps that we follow for the data analysis include:
- Product Lifecycle Analysis
- Competitor analysis
- Risk analysis
- Porters Analysis
- PESTEL Analysis
- SWOT Analysis
The data engineering is performed by the core industry experts considering both the Marketing Mix Modeling and the Demand Forecasting. The marketing mix modeling makes use of multiple-regression techniques to predict the optimal mix of marketing variables. Regression factor is based on a number of variables and how they relate to an outcome such as sales or profits.
Data Validation
The data validation is performed by the exhaustive primary research from the expert interviews. This includes telephonic interviews, focus groups, face to face interviews, and questionnaires to validate our research from all aspects. The industry experts we approach come from the leading firms, involved in the supply chain ranging from the suppliers, distributors to the manufacturers and consumers so as to ensure an unbiased analysis.
We are in touch with more than 15,000 industry experts with the right mix of consultants, CEO's, presidents, vice presidents, managers, experts from both supply side and demand side, executives and so on.
The data validation involves the primary research from the industry experts belonging to:
- Leading Companies
- Suppliers & Distributors
- Manufacturers
- Consumers
- Industry/Strategic Consultants
Apart from the data validation the primary research also helps in performing the fill gap research, i.e. providing solutions for the unmet needs of the research which helps in enhancing the reports quality.
For more details about research methodology, kindly write to us at info@strategymrc.com
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