Discrete Semiconductor Market

Discrete Semiconductor Market Size By Type (Diodes, Thyristors, Transistors, Modules, and Others), By Component (Memory Devices, Discrete Power Devices, Logic Devices, and Others), By Application (Networking and Communication, Industrial, Consumer Electronics, Automotive, and Others), Regions, Global Industry Analysis, Share, Growth, and Trends. Forecast 2023 to 2032

Base Year: 2022 Historical Data: 2019-21
  • Report ID: TBI-13332
  • Published Date: Mar, 2023
  • Pages: 236
  • Category: Information Technology & Semiconductors
  • Format: PDF
Buy @ $4700.00 Request Sample PDF

The global discrete semiconductor market is expected to reach USD 41.9 billion by 2032, at a CAGR of 6% during the forecast period 2023 to 2032. Asia Pacific is expected to grow the fastest during the forecast period. 

Market Overview:

Discrete semiconductors are mainly used to perform small electronic functions. Several applications of these semiconductors include the manufacturing of electronic products. Some typical products include bipolar transistors, metal-oxide-semiconductor field-effect transistors (MOSFETs), insulated-gate bipolar transistors (IGBTs), and thyristors. Furthermore, it can also be used in computers, hybrid cars, cellphones, tablets, LED lights, and portable medical equipment. Discrete semiconductors are easy to use, portable, dependable, and easily replaced, and they provide faster operation and lower power usage. The discrete semiconductor market is rising due to the increasing number of electronic manufacturers who want components that are rapid, compact, and capable of enhancing manufacturing efficiency. Discrete components like diodes, transistors, thyristors, and modules meet these requirements. In addition, Automotive parts such as safety, navigation, infotainment, fuel efficiency, and industrial components such as transportation, security, automation, solid-state lighting, and energy management are expected to drive the discrete semiconductor market. An insulated gate bipolar transistor (IGBT), for example, is a vital component in an EV power electronics system. IGBTs are expected to be in high demand due to the global increase in EV sales. According to the International Energy Agency, global sales of electric vehicles will reach 6.6 million in 2021.

Discrete Semiconductor Market Size

Get an overview of this study by requesting a free sample

Recent Development
  • In July 2022, Mitsubishi Electric Corporation announced the release of a 50W silicon radio-frequency (RF) high-power metal-oxide-semiconductor field-effect transistor (MOSFET) module for use in commercial two-way radio high-frequency power amplifiers.
  • In July 2022, STMicroelectronics announced the release of 40V MOSFETs, STL320N4LF8 and STL325N4LF8AG, with energy efficiency and low noise in circuits for power conversion, motor control and power distribution.
  • In April 2022, Magnachip developed a new 40V MOSFET with low RDS(on) to reduce conduction loss in automobile BLDC motors. The new 40V MOSFET meets all AEC-Q101 requirements.
  • In November 2021, Taiwan Semiconductor Ltd. introduced the TESDH5V0U04P2Q1 Unidirectional Ultra-Low Capacitance ESD Protection Diode. To protect high-speed data interfaces, it features two unidirectional ESD-rated clamping devices.

Market Dynamics:

Drivers

Increase demand for electronics items- The increasing demand for high-energy and power-efficient gadgets and the increase in demand for green energy power generation drives are expected to be the most significant factor driving growth in this market. The increased prevalence of wireless and portable electronic products is the primary factor driving market expansion. Furthermore, the growing popularity of wireless and portable electronic items, strong demand from emerging economies, and rapid growth in the automobile industry all contribute to market expansion.

Restraints:

Lack of technological innovation- The preference of product manufacturers for integrated circuits is expected to hamper industry expansion. The growing emphasis on integrated circuits and a lack of technological innovation and development are among the key challenges that will continue restraining the discrete semiconductor industry over the forecast period.

Opportunities:

Increased development of AI-based semiconductors- The increased development of AI-based semiconductors is expected to provide profitable chances for the market, thus boosting the discrete semiconductor market's future growth rate. Furthermore, the increase in R&D efforts and technological developments in manufacturing techniques will provide multiple potential prospects in the market.

Challenges:

High cost of discrete semiconductors- Market expansion is projected to be hampered by the high cost of discrete semiconductors. Furthermore, technological improvement and development must be needed to limit industry growth.

Regional segmentation analysis:

The regions analyzed for the market include North America, Europe, South America, Asia Pacific, the Middle East, and Africa. North America emerged as the largest market for the global discrete semiconductor market, with a 39.8% market revenue share in 2022.

North America dominates the discrete semiconductor market with a 39.8% market revenue share in 2022 because of the region's large automotive and other industries that require discrete semiconductors. The region is home to companies including Diodes Incorporated, On Semiconductor Corporation, and D3 Semiconductor LLC. Central Semiconductor Corp., a developer of unique discrete semiconductor solutions based in the United States, will launch its new line of Silicon Carbide (SIC) Schottky Rectifier die in August 2020. These devices are optimized for high-temperature applications and are available in 650V and 1200V versions, with current ranges of 2A and 50A for 1,200V devices and 4A to 30A for 650V devices. The United States is an essential country in the semiconductor market.

Asia Pacific is expected to witness the fastest growth during the forecast period. The Asia Pacific region leads the market for several reasons, including the presence of semiconductor manufacturing facilities in China, South Korea, Taiwan, and India, significant growth in the region's automotive industry, a large presence of portable and wireless manufacturing facilities, a positive flow of investments in developing advanced AI-based semiconductors, and a low labour cost.

North America Region Discrete Semiconductor Market Share in 2022 - 39.8%

 

www.thebrainyinsights.com

Check the geographical analysis of this market by requesting a free sample

Type Analysis:

The type segment is divided into diodes, thyristors, transistors, modules, and others. The transistors segment dominated the market, with a market share of around 37.89% in 2022. MOSFETs, IGBTs, and bipolar transistors are all examples of transistors. MOSFETs (Metal Oxide Semiconductor Field Effect Transistors) are the market leader in the transistor segment. IGBT is an abbreviation for Insulated-Gate Bipolar Transistors. Furthermore, Microprocessors can have up to 40 billion transistors.

Component Analysis:

The component segment is divided into memory devices, discrete power, logic, and others. The memory devices segment dominated the market, with a market share of around 40.45% in 2022. Discrete semiconductor memory devices are in high demand and are used in a wide range of consumer electronic devices, including desktop computers, tablets, laptops, and smartphones. Volatile or non-volatile are the two types of discrete semiconductor memory devices available. RAM, or Random Access Memory, is an example of volatile memory storage as it loses stored information when power is disconnected.

Application Analysis:

The application segment is divided into networking and communication, industrial, consumer electronics, automotive, and others. The automotive segment dominated the market, with a market share of around 38.78% in 2022. With the increased adoption of EVs and HEVs, automotive is one of the rising sectors of the discrete semiconductors industry, and it is expected to have a significant share in the forecast period. The increasing demand for discrete semiconductors can be due to technological advancements like autonomous car technology, regenerative braking, and incorporating a wide range of sensors (like LiDAR and cameras).

List of Key Market Players:
  • ABB Limited
  • Diodes Incorporated
  • ON Semiconductor
  • Toshiba Corporation
  • Eaton Corporation
  • Infineon Technologies
  • STMicroelectronics NV
  • Fuji Electric Corporation
  • NXP Semiconductors
  • Nexperia
  • D3 Semiconductor
  • Vishay Intertechnology Inc.
  • Hitachi Ltd
  • Mitsubishi Electric Corporation
  • Taiwan Semiconductor Manufacturing Company Ltd.

Report Description: 

Attribute Description
Market Size Revenue (USD Billion)
Market size value in 2022 USD 23.4 billion
Market size value in 2032 USD 41.9 billion
CAGR (2023 to 2032) 6%
Historical data 2019-2021
Base Year 2022
Forecast 2023-2032
Regional Segments Type, Component, Application
Segments North America, Asia Pacific, Europe, Latin America, Middle East, and Africa

Frequesntly Asked Questions

As per The Brainy Insights, the size of the discrete semiconductor market was valued at USD 23.4 billion in 2022 to USD 41.9 billion by 2032.

The global discrete semiconductor market is growing at a CAGR of 6% during the forecast period 2023-2032.

North America emerged as the largest discrete semiconductor market.

1. Introduction
    1.1. Objectives of the Study
    1.2. Market Definition
    1.3. Research Scope
    1.4. Currency
    1.5. Key Target Audience

2. Research Methodology and Assumptions

3. Executive Summary

4. Premium Insights
    4.1. Porter’s Five Forces Analysis
    4.2. Value Chain Analysis
    4.3. Top Investment Pockets
          4.3.1. Market Attractiveness Analysis by Type
          4.3.2. Market Attractiveness Analysis by Component
          4.3.3. Market Attractiveness Analysis by Application
          4.3.4. Market Attractiveness Analysis by Region
    4.4. Industry Trends

5. Market Dynamics
    5.1. Market Evaluation
    5.2. Drivers
          5.2.1. Increased demand of electronics items
    5.3. Restraints
          5.3.1. Lack of technological innovation
    5.4. Opportunities
          5.4.1. Increased development of AI-Based semiconductors
    5.5. Challenges
          5.5.1. High cost of discrete semiconductors

6. Global Discrete Semiconductor Market Analysis and Forecast, By Type
    6.1. Segment Overview
    6.2. Diodes
    6.3. Thyristors
    6.4. Transistors
    6.5. Modules
    6.6. Others

7. Global Discrete Semiconductor Market Analysis and Forecast, By Component
    7.1. Segment Overview
    7.2. Memory Devices
    7.3. Discrete Power Devices
    7.4. Logic Devices
    7.5. Others

8. Global Discrete Semiconductor Market Analysis and Forecast, By Application
    8.1. Segment Overview
    8.2. Networking and Communication
    8.3. Industrial
    8.4. Consumer Electronics
    8.5. Automotive
    8.6. Others

9. Global Discrete Semiconductor Market Analysis and Forecast, By Regional Analysis
    9.1. Segment Overview
    9.2. North America
          9.2.1. U.S.
          9.2.2. Canada
          9.2.3. Mexico
    9.3. Europe
          9.3.1. Germany
          9.3.2. France
          9.3.3. U.K.
          9.3.4. Italy
          9.3.5. Spain
    9.4. Asia-Pacific
          9.4.1. Japan
          9.4.2. China
          9.4.3. India
    9.5. South America
          9.5.1. Brazil
    9.6. Middle East and Africa
          9.6.1. UAE
          9.6.2. South Africa

10. Global Discrete Semiconductor Market-Competitive Landscape
    10.1. Overview
    10.2. Market Share of Key Players in Global Discrete Semiconductor Market
          10.2.1. Global Company Market Share
          10.2.2. North America Company Market Share
          10.2.3. Europe Company Market Share
          10.2.4. APAC Company Market Share
    10.3. Competitive Situations and Trends
          10.3.1. Product Launches and Developments
          10.3.2. Partnerships, Collaborations, and Agreements
          10.3.3. Mergers & Acquisitions
          10.3.4. Expansions

11. Company Profiles
    11.1. ABB Limited
          11.1.1. Business Overview
          11.1.2. Company Snapshot
          11.1.3. Company Market Share Analysis
          11.1.4. Company Product Portfolio
          11.1.5. Recent Developments
          11.1.6. SWOT Analysis
    11.2. Diodes Incorporated
          11.2.1. Business Overview
          11.2.2. Company Snapshot
          11.2.3. Company Market Share Analysis
          11.2.4. Company Product Portfolio
          11.2.5. Recent Developments
          11.2.6. SWOT Analysis
    11.3. ON Semiconductor
          11.3.1. Business Overview
          11.3.2. Company Snapshot
          11.3.3. Company Market Share Analysis
          11.3.4. Company Product Portfolio
          11.3.5. Recent Developments
          11.3.6. SWOT Analysis
    11.4. Toshiba Corporation
          11.4.1. Business Overview
          11.4.2. Company Snapshot
          11.4.3. Company Market Share Analysis
          11.4.4. Company Product Portfolio
          11.4.5. Recent Developments
          11.4.6. SWOT Analysis
    11.5. Eaton Corporation
          11.5.1. Business Overview
          11.5.2. Company Snapshot
          11.5.3. Company Market Share Analysis
          11.5.4. Company Product Portfolio
          11.5.5. Recent Developments
          11.5.6. SWOT Analysis
    11.6. Infineon Technologies
          11.6.1. Business Overview
          11.6.2. Company Snapshot
          11.6.3. Company Market Share Analysis
          11.6.4. Company Product Portfolio
          11.6.5. Recent Developments
          11.6.6. SWOT Analysis
    11.7. STMicroelectronics NV
          11.7.1. Business Overview
          11.7.2. Company Snapshot
          11.7.3. Company Market Share Analysis
          11.7.4. Company Product Portfolio
          11.7.5. Recent Developments
          11.7.6. SWOT Analysis
    11.8. Fuji Electric Corporation
          11.8.1. Business Overview
          11.8.2. Company Snapshot
          11.8.3. Company Market Share Analysis
          11.8.4. Company Product Portfolio
          11.8.5. Recent Developments
          11.8.6. SWOT Analysis
    11.9. NXP Semiconductors
          11.9.1. Business Overview
          11.9.2. Company Snapshot
          11.9.3. Company Market Share Analysis
          11.9.4. Company Product Portfolio
          11.9.5. Recent Developments
          11.9.6. SWOT Analysis
    11.10. Nexperia
          11.10.1. Business Overview
          11.10.2. Company Snapshot
          11.10.3. Company Market Share Analysis
          11.10.4. Company Product Portfolio
          11.10.5. Recent Developments
          11.10.6. SWOT Analysis
    11.11. D3 Semiconductor
          11.11.1. Business Overview
          11.11.2. Company Snapshot
          11.11.3. Company Market Share Analysis
          11.11.4. Company Product Portfolio
          11.11.5. Recent Developments
          11.11.6. SWOT Analysis
    11.12. Vishay Intertechnology Inc.
          11.12.1. Business Overview
          11.12.2. Company Snapshot
          11.12.3. Company Market Share Analysis
          11.12.4. Company Product Portfolio
          11.12.5. Recent Developments
          11.12.6. SWOT Analysis
    11.13. Hitachi Ltd
          11.13.1. Business Overview
          11.13.2. Company Snapshot
          11.13.3. Company Market Share Analysis
          11.13.4. Company Product Portfolio
          11.13.5. Recent Developments
          11.13.6. SWOT Analysis
    11.14. Mitsubishi Electric Corporation
          11.14.1. Business Overview
          11.14.2. Company Snapshot
          11.14.3. Company Market Share Analysis
          11.14.4. Company Product Portfolio
          11.14.5. Recent Developments
          11.14.6. SWOT Analysis
    11.15. Taiwan Semiconductor Manufacturing Company Ltd.
          11.15.1. Business Overview
          11.15.2. Company Snapshot
          11.15.3. Company Market Share Analysis
          11.15.4. Company Product Portfolio
          11.15.5. Recent Developments
          11.15.6. SWOT Analysis

List of Table

1. Global Discrete Semiconductor Market, By Type, 2019-2032 (USD Billion)

2. Global Diodes, Discrete Semiconductor Market, By Region, 2019-2032 (USD Billion) 

3. Global Thyristors, Discrete Semiconductor Market, By Region, 2019-2032 (USD Billion) 

4. Global Transistors, Discrete Semiconductor Market, By Region, 2019-2032 (USD Billion) 

5. Global Modules, Discrete Semiconductor Market, By Region, 2019-2032 (USD Billion) 

6. Global Others, Discrete Semiconductor Market, By Region, 2019-2032 (USD Billion) 

7. Global Discrete Semiconductor Market, By Component, 2019-2032 (USD Billion)

8. Global Memory Devices, Discrete Semiconductor Market, By Region, 2019-2032 (USD Billion)

9. Global Discrete Power Devices, Discrete Semiconductor Market, By Region, 2019-2032 (USD Billion)

10. Global Logic Devices, Discrete Semiconductor Market, By Region, 2019-2032 (USD Billion)

11. Global Others, Discrete Semiconductor Market, By Region, 2019-2032 (USD Billion)

12. Global Discrete Semiconductor Market, By Application, 2019-2032 (USD Billion)

13. Global Networking and Communication, Discrete Semiconductor Market, By Region, 2019-2032 (USD Billion)

14. Global Industrial, Discrete Semiconductor Market, By Region, 2019-2032 (USD Billion)

15. Global Consumer Electronics, Discrete Semiconductor Market, By Region, 2019-2032 (USD Billion)

16. Global Automotive, Discrete Semiconductor Market, By Region, 2019-2032 (USD Billion)

17. Global Others, Discrete Semiconductor Market, By Region, 2019-2032 (USD Billion)

18. North America Discrete Semiconductor Market, By Type, 2019-2032 (USD Billion)

19. North America Discrete Semiconductor Market, By Component, 2019-2032 (USD Billion)

20. North America Discrete Semiconductor Market, By Application, 2019-2032 (USD Billion)

21. U.S. Discrete Semiconductor Market, By Type, 2019-2032 (USD Billion)

22. U.S. Discrete Semiconductor Market, By Component, 2019-2032 (USD Billion)

23. U.S. Discrete Semiconductor Market, By Application, 2019-2032 (USD Billion)

24. Canada Discrete Semiconductor Market, By Type, 2019-2032 (USD Billion)

25. Canada Discrete Semiconductor Market, By Component, 2019-2032 (USD Billion)

26. Canada Discrete Semiconductor Market, By Application, 2019-2032 (USD Billion)

27. Mexico Discrete Semiconductor Market, By Type, 2019-2032 (USD Billion)

28. Mexico Discrete Semiconductor Market, By Component, 2019-2032 (USD Billion)

29. Mexico Discrete Semiconductor Market, By Application, 2019-2032 (USD Billion)

30. Europe Discrete Semiconductor Market, By Type, 2019-2032 (USD Billion)

31. Europe Discrete Semiconductor Market, By Component, 2019-2032 (USD Billion)

32. Europe Discrete Semiconductor Market, By Application, 2019-2032 (USD Billion)

33. Germany Discrete Semiconductor Market, By Type, 2019-2032 (USD Billion)

34. Germany Discrete Semiconductor Market, By Component, 2019-2032 (USD Billion)

35. Germany Discrete Semiconductor Market, By Application, 2019-2032 (USD Billion)

36. France Discrete Semiconductor Market, By Type, 2019-2032 (USD Billion)

37. France Discrete Semiconductor Market, By Component, 2019-2032 (USD Billion)

38. France Discrete Semiconductor Market, By Application, 2019-2032 (USD Billion)

39. U.K. Discrete Semiconductor Market, By Type, 2019-2032 (USD Billion)

40. U.K. Discrete Semiconductor Market, By Component, 2019-2032 (USD Billion)

41. U.K. Discrete Semiconductor Market, By Application, 2019-2032 (USD Billion)

42. Italy Discrete Semiconductor Market, By Type, 2019-2032 (USD Billion)

43. Italy Discrete Semiconductor Market, By Component, 2019-2032 (USD Billion)

44. Italy Discrete Semiconductor Market, By Application, 2019-2032 (USD Billion)

45. Spain Discrete Semiconductor Market, By Type, 2019-2032 (USD Billion)

46. Spain Discrete Semiconductor Market, By Component, 2019-2032 (USD Billion)

47. Spain Discrete Semiconductor Market, By Application, 2019-2032 (USD Billion)

48. Asia Pacific Discrete Semiconductor Market, By Type, 2019-2032 (USD Billion)

49. Asia Pacific Discrete Semiconductor Market, By Component, 2019-2032 (USD Billion)

50. Asia Pacific Discrete Semiconductor Market, By Application, 2019-2032 (USD Billion)

51. Japan Discrete Semiconductor Market, By Type, 2019-2032 (USD Billion)

52. Japan Discrete Semiconductor Market, By Component, 2019-2032 (USD Billion)

53. Japan Discrete Semiconductor Market, By Application, 2019-2032 (USD Billion)

54. China Discrete Semiconductor Market, By Type, 2019-2032 (USD Billion)

55. China Discrete Semiconductor Market, By Component, 2019-2032 (USD Billion)

56. China Discrete Semiconductor Market, By Application, 2019-2032 (USD Billion)

57. India Discrete Semiconductor Market, By Type, 2019-2032 (USD Billion)

58. India Discrete Semiconductor Market, By Component, 2019-2032 (USD Billion)

59. India Discrete Semiconductor Market, By Application, 2019-2032 (USD Billion)

60. South America Discrete Semiconductor Market, By Type, 2019-2032 (USD Billion)

61. South America Discrete Semiconductor Market, By Component, 2019-2032 (USD Billion)

62. South America Discrete Semiconductor Market, By Application, 2019-2032 (USD Billion)

63. Brazil Discrete Semiconductor Market, By Type, 2019-2032 (USD Billion)

64. Brazil Discrete Semiconductor Market, By Component, 2019-2032 (USD Billion)

65. Brazil Discrete Semiconductor Market, By Application, 2019-2032 (USD Billion)

66. Middle East and Africa Discrete Semiconductor Market, By Type, 2019-2032 (USD Billion)

67. Middle East and Africa Discrete Semiconductor Market, By Component, 2019-2032 (USD Billion)

68. Middle East and Africa Discrete Semiconductor Market, By Application, 2019-2032 (USD Billion)

69. UAE Discrete Semiconductor Market, By Type, 2019-2032 (USD Billion)

70. UAE Discrete Semiconductor Market, By Component, 2019-2032 (USD Billion)

71. UAE Discrete Semiconductor Market, By Application, 2019-2032 (USD Billion)

72. South Africa Discrete Semiconductor Market, By Type, 2019-2032 (USD Billion)

73. South Africa Discrete Semiconductor Market, By Component, 2019-2032 (USD Billion)

74. South Africa Discrete Semiconductor Market, By Application, 2019-2032 (USD Billion)

List of Figures 

1. Global Discrete Semiconductor Market Segmentation

2. Global Discrete Semiconductor Market: Research Methodology

3. Market Size Estimation Methodology: Bottom-Up Approach

4. Market Size Estimation Methodology: Top-Down Approach

5. Data Triangulation

6. Porter’s Five Forces Analysis 

7. Value Chain Analysis 

8. Global Discrete Semiconductor Market Attractiveness Analysis by Type

9. Global Discrete Semiconductor Market Attractiveness Analysis by Component

10. Global Discrete Semiconductor Market Attractiveness Analysis by Application

11. Global Discrete Semiconductor Market Attractiveness Analysis by Region

12. Global Discrete Semiconductor Market: Dynamics

13. Global Discrete Semiconductor Market Share by Type (2023 & 2032)

14. Global Discrete Semiconductor Market Share by Component (2023 & 2032)

15. Global Discrete Semiconductor Market Share by Application (2023 & 2032)

16. Global Discrete Semiconductor Market Share by Regions (2023 & 2032)

17. Global Discrete Semiconductor Market Share by Company (2022)

This study forecasts global, regional, and country revenue from 2019 to 2032. Brainy Insights has segmented the global discrete semiconductor market based on the below-mentioned segments:

Global Discrete Semiconductor Market By Type:

  • Diodes
  • Thyristors
  • Transistors
  • Modules
  • Others

Global Discrete Semiconductor Market By Component:

  • Memory Devices
  • Discrete Power Devices
  • Logic Devices
  • Others

Global Discrete Semiconductor Market By Application:

  • Networking and Communication
  • Industrial
  • Consumer Electronics
  • Automotive
  • Others

Global Discrete Semiconductor Market By Region:

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • France
    • U.K.
    • Italy
    • Spain
  • Asia-Pacific
    • Japan
    • China
    • India
  • South America
    • Brazil
  • Middle East and Africa  
    • UAE
    • South Africa

Methodology

Research has its special purpose to undertake marketing efficiently. In this competitive scenario, businesses need information across all industry verticals; the information about customer wants, market demand, competition, industry trends, distribution channels etc. This information needs to be updated regularly because businesses operate in a dynamic environment. Our organization, The Brainy Insights incorporates scientific and systematic research procedures in order to get proper market insights and industry analysis for overall business success. The analysis consists of studying the market from a miniscule level wherein we implement statistical tools which helps us in examining the data with accuracy and precision. 

Our research reports feature both; quantitative and qualitative aspects for any market. Qualitative information for any market research process are fundamental because they reveal the customer needs and wants, usage and consumption for any product/service related to a specific industry. This in turn aids the marketers/investors in knowing certain perceptions of the customers. Qualitative research can enlighten about the different product concepts and designs along with unique service offering that in turn, helps define marketing problems and generate opportunities. On the other hand, quantitative research engages with the data collection process through interviews, e-mail interactions, surveys and pilot studies. Quantitative aspects for the market research are useful to validate the hypotheses generated during qualitative research method, explore empirical patterns in the data with the help of statistical tools, and finally make the market estimations.

The Brainy Insights offers comprehensive research and analysis, based on a wide assortment of factual insights gained through interviews with CXOs and global experts and secondary data from reliable sources. Our analysts and industry specialist assume vital roles in building up statistical tools and analysis models, which are used to analyse the data and arrive at accurate insights with exceedingly informative research discoveries. The data provided by our organization have proven precious to a diverse range of companies, facilitating them to address issues such as determining which products/services are the most appealing, whether or not customers use the product in the manner anticipated, the purchasing intentions of the market and many others.

Our research methodology encompasses an idyllic combination of primary and secondary initiatives. Key phases involved in this process are listed below:

MARKET RESEARCH PROCESS

Data Procurement:

The phase involves the gathering and collecting of market data and its related information with the help of different sources & research procedures.

The data procurement stage involves in data gathering and collecting through various data sources.

This stage involves in extensive research. These data sources includes:

Purchased Database: Purchased databases play a crucial role in estimating the market sizes irrespective of the domain. Our purchased database includes:

  • The organizational databases such as D&B Hoovers, and Bloomberg that helps us to identify the competitive scenario of the key market players/organizations along with the financial information.
  • Industry/Market databases such as Statista, and Factiva provides market/industry insights and deduce certain formulations. 
  • We also have contractual agreements with various reputed data providers and third party vendors who provide information which are not limited to:
    • Import & Export Data
    • Business Trade Information
    • Usage rates of a particular product/service on certain demographics mainly focusing on the unmet prerequisites

Primary Research: The Brainy Insights interacts with leading companies and experts of the concerned domain to develop the analyst team’s market understanding and expertise. It improves and substantiates every single data presented in the market reports. Primary research mainly involves in telephonic interviews, E-mail interactions and face-to-face interviews with the raw material providers, manufacturers/producers, distributors, & independent consultants. The interviews that we conduct provides valuable data on market size and industry growth trends prevailing in the market. Our organization also conducts surveys with the various industry experts in order to gain overall insights of the industry/market. For instance, in healthcare industry we conduct surveys with the pharmacists, doctors, surgeons and nurses in order to gain insights and key information of a medical product/device/equipment which the customers are going to usage. Surveys are conducted in the form of questionnaire designed by our own analyst team. Surveys plays an important role in primary research because surveys helps us to identify the key target audiences of the market. Additionally, surveys helps to identify the key target audience engaged with the market. Our survey team conducts the survey by targeting the key audience, thus gaining insights from them. Based on the perspectives of the customers, this information is utilized to formulate market strategies. Moreover, market surveys helps us to understand the current competitive situation of the industry. To be precise, our survey process typically involve with the 360 analysis of the market. This analytical process begins by identifying the prospective customers for a product or service related to the market/industry to obtain data on how a product/service could fit into customers’ lives.

Secondary Research: The secondary data sources includes information published by the on-profit organizations such as World bank, WHO, company fillings, investor presentations, annual reports, national government documents, statistical databases, blogs, articles, white papers and others. From the annual report, we analyse a company’s revenue to understand the key segment and market share of that organization in a particular region. We analyse the company websites and adopt the product mapping technique which is important for deriving the segment revenue. In the product mapping method, we select and categorize the products offered by the companies catering to domain specific market, deduce the product revenue for each of the companies so as to get overall estimation of the market size. We also source data and analyses trends based on information received from supply side and demand side intermediaries in the value chain. The supply side denotes the data gathered from supplier, distributor, wholesaler and the demand side illustrates the data gathered from the end customers for respective market domain.

The supply side for a domain specific market is analysed by:

  • Estimating and projecting penetration rates through analysing product attributes, availability of internal and external substitutes, followed by pricing analysis of the product.
  • Experiential assessment of year-on-year sales of the product by conducting interviews.

The demand side for the market is estimated through:

  • Evaluating the penetration level and usage rates of the product.
  • Referring to the historical data to determine the growth rate and evaluate the industry trends

In-house Library: Apart from these third-party sources, we have our in-house library of qualitative and quantitative information. Our in-house database includes market data for various industry and domains. These data are updated on regular basis as per the changing market scenario. Our library includes, historic databases, internal audit reports and archives.

Sometimes there are instances where there is no metadata or raw data available for any domain specific market. For those cases, we use our expertise to forecast and estimate the market size in order to generate comprehensive data sets. Our analyst team adopt a robust research technique in order to produce the estimates:

  • Applying demographic along with psychographic segmentation for market evaluation
  • Determining the Micro and Macro-economic indicators for each region 
  • Examining the industry indicators prevailing in the market. 

Data Synthesis: This stage involves the analysis & mapping of all the information obtained from the previous step. It also involves in scrutinizing the data for any discrepancy observed while data gathering related to the market. The data is collected with consideration to the heterogeneity of sources. Robust scientific techniques are in place for synthesizing disparate data sets and provide the essential contextual information that can orient market strategies. The Brainy Insights has extensive experience in data synthesis where the data passes through various stages:

  • Data Screening: Data screening is the process of scrutinising data/information collected from primary research for errors and amending those collected data before data integration method. The screening involves in examining raw data, identifying errors and dealing with missing data. The purpose of the data screening is to ensure data is correctly entered or not. The Brainy Insights employs objective and systematic data screening grades involving repeated cycles of quality checks, screening and suspect analysis.
  • Data Integration: Integrating multiple data streams is necessary to produce research studies that provide in-depth picture to the clients. These data streams come from multiple research studies and our in house database. After screening of the data, our analysts conduct creative integration of data sets, optimizing connections between integrated surveys and syndicated data sources. There are mainly 2 research approaches that we follow in order to integrate our data; top down approach and bottom up approach.

Market Deduction & Formulation: The final stage comprises of assigning data points at appropriate market spaces so as to deduce feasible conclusions. Analyst perspective & subject matter expert based holistic form of market sizing coupled with industry analysis also plays a crucial role in this stage.

This stage involves in finalization of the market size and numbers that we have collected from data integration step. With data interpolation, it is made sure that there is no gap in the market data. Successful trend analysis is done by our analysts using extrapolation techniques, which provide the best possible forecasts for the market.

Data Validation & Market Feedback: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helps us finalize data-points to be used for final calculations.

The Brainy Insights interacts with leading companies and experts of the concerned domain to develop the analyst team’s market understanding and expertise. It improves and substantiates every single data presented in the market reports. The data validation interview and discussion panels are typically composed of the most experienced industry members. The participants include, however, are not limited to:

  • CXOs and VPs of leading companies’ specific to sector
  • Purchasing managers, technical personnel, end-users
  • Key opinion leaders such as investment bankers, and industry consultants

Moreover, we always validate our data and findings through primary respondents from all the major regions we are working on.

Some Facts About The Brainy Insights

50%

Free Customization

300+

Fortune 500 Clients

1

Free Yearly Update On Purchase Of Multi/Corporate License

900+

Companies Served Till Date