Asia Pacific Manufacturing Execution Systems (MES) Market Report, Global Industry Analysis, Market Size, Share, Growth Trends, Regional Outlook, Competitive Strategies and Segment Forecasts 2023 - 2030

  • Published Date: Jan, 2024
  • Report ID: CR0207333
  • Format: Electronic (PDF)
  • Number of Pages: 203
  • Author(s): Joshi, Madhavi

Report Overview

The Asia Pacific Manufacturing Execution Systems (MES) Market size was estimated at USD 5.5 billion in 2023 and is projected to reach USD 11 billion by 2030, exhibiting a compound annual growth rate (CAGR) of 11.00% during the forecast period (2024-2030).

Asia Pacific Manufacturing Execution Systems (MES) Market

(Market Size)
$5.5 billion
$11 billion
2023
2030
Source: Citius Research
Study Period 2018 - 2030
Base Year For Estimation 2023
Forecast Data Period 2024 - 2030
CAGR (2024-2030) 11.00%
2023 Market Size USD 5.5 billion
2030 Market Size USD 11 billion
Key Players Siemens, Honeywell, ABB, Rockwell Automation, Dassault Syst?mes

Market Summary

The Asia Pacific Manufacturing Execution Systems (MES) market is a critical segment within the manufacturing and construction industry, focusing on software solutions that monitor, track, and document the transformation of raw materials into finished goods. This market is integral to enhancing operational efficiency, ensuring quality control, and providing real-time visibility into production processes. Countries such as China, Japan, South Korea, and India are major contributors, driven by their robust manufacturing sectors including automotive, electronics, pharmaceuticals, and heavy machinery. The adoption of MES is increasingly seen as a strategic imperative for manufacturers aiming to optimize resource utilization, reduce downtime, and maintain compliance with stringent regulatory standards. The integration of MES with other industrial systems like ERP and SCADA is becoming commonplace, facilitating seamless data flow and smarter decision-making. As manufacturers in the region continue to invest in smart factory initiatives, the demand for advanced MES solutions that support automation and data analytics is expected to rise significantly.

Key Highlights

The Asia Pacific MES market is characterized by several key highlights that underscore its dynamic nature. Leading companies such as Siemens AG, Rockwell Automation, Inc., and Honeywell International Inc. are actively expanding their presence through strategic partnerships and product innovations tailored to regional needs. The emphasis on Industry 4.0 and the Industrial Internet of Things (IIoT) is a major trend, with MES solutions evolving to incorporate predictive maintenance, digital twin technology, and cloud-based deployments. Another highlight is the growing adoption of MES in small and medium-sized enterprises (SMEs), facilitated by scalable and cost-effective solutions that democratize access to advanced manufacturing technologies. Additionally, regulatory pressures and the need for traceability in sectors like pharmaceuticals and food and beverage are accelerating MES implementation. The market also sees a rise in demand for mobile MES applications, enabling remote monitoring and control, which has become particularly relevant in the post-pandemic era.

Drivers, Opportunities & Restraints

Several drivers are propelling the growth of the Asia Pacific MES market. The primary driver is the rapid industrialization and increasing adoption of automation technologies across manufacturing verticals, aimed at improving productivity and reducing operational costs. Government initiatives promoting smart manufacturing, such as China's Made in China 2025 and India's Make in India, are also significant catalysts. Opportunities abound in the integration of artificial intelligence and machine learning with MES, enabling predictive analytics and enhanced process optimization. The expansion of the electronics and automotive sectors in countries like Vietnam and Thailand presents new avenues for market growth. However, restraints include the high initial investment required for MES implementation, which can be a barrier for smaller manufacturers. Additionally, concerns related to data security and the complexity of integrating MES with legacy systems pose challenges. The lack of skilled personnel proficient in advanced MES technologies also hinders market expansion in certain regions.

Concentration Insights

The concentration of the Asia Pacific MES market is notably uneven, with certain countries and industries dominating adoption. China holds the largest market share, driven by its massive manufacturing base and strong government support for industrial modernization. Japan and South Korea follow, with their advanced technological infrastructure and high penetration of automation in industries such as automotive and electronics. India is emerging as a key growth market, fueled by increasing foreign investments and a push towards digital transformation in manufacturing. In terms of industry concentration, the automotive sector is the leading adopter of MES, utilizing it for assembly line optimization and quality management. The electronics and semiconductor industry is another major segment, leveraging MES for precision manufacturing and traceability. The pharmaceuticals and food and beverage sectors are also significant, driven by regulatory requirements for documentation and compliance.

Type Insights

The Asia Pacific MES market can be segmented based on deployment type and offering. Deployment types include on-premise and cloud-based solutions. On-premise MES traditionally dominated due to concerns over data security and control, but cloud-based MES is gaining traction due to its scalability, lower upfront costs, and ease of implementation. In terms of offerings, the market comprises software and services. Software solutions include core MES functionalities such as production scheduling, performance analysis, and quality management. Services encompass implementation, consulting, training, and support, which are crucial for ensuring successful deployment and operation. Leading providers are increasingly offering integrated suites that combine MES with other manufacturing solutions, providing a holistic approach to plant management. The trend towards modular MES solutions allows manufacturers to select specific functionalities that meet their unique needs, enhancing flexibility and cost-efficiency.

Application Insights

MES applications in the Asia Pacific region span various functions within manufacturing environments. Production management is a core application, involving real-time monitoring and control of production processes to optimize throughput and minimize waste. Quality management applications ensure products meet specified standards through continuous monitoring and corrective actions. Inventory management modules track raw materials, work-in-progress, and finished goods, reducing carrying costs and preventing stockouts. Maintenance management applications schedule and track equipment maintenance, reducing unplanned downtime. Labor management functionalities optimize workforce allocation and track productivity. Additionally, MES is used for compliance and reporting, automatically generating documentation required regulatory bodies. In industries like aerospace and defense, MES applications extend to meticulous traceability and genealogy tracking, ensuring adherence to strict safety and quality norms.

Regional Insights

The Asia Pacific MES market exhibits diverse growth patterns across different regions. East Asia, particularly China, Japan, and South Korea, represents the most mature and largest market, characterized by high adoption of advanced manufacturing technologies and strong presence of global MES vendors. Southeast Asia, including countries like Thailand, Malaysia, and Vietnam, is experiencing rapid growth due to increasing foreign direct investment in manufacturing and rising labor costs in traditional hubs, which incentivize automation. South Asia, led by India, is an emerging market with significant potential, driven government initiatives and growing awareness of operational efficiency benefits. Australia and New Zealand have smaller but advanced markets, focusing on high-value manufacturing sectors such as medical devices and food processing. Each region presents unique challenges and opportunities, influenced by local industrial policies, economic conditions, and technological readiness.

Company Insights

The competitive landscape of the Asia Pacific MES market features a mix of global giants and regional players. Siemens AG is a prominent leader, offering its Simatic IT suite widely adopted for its comprehensive functionality and integration capabilities with other Siemens automation products. Rockwell Automation, Inc. provides the FactoryTalk ProductionCentre, known for its robustness in discrete manufacturing sectors. Honeywell International Inc. offers its Uniformance suite, strong in process industries. ABB Ltd. is another key player with its Ability Manufacturing Operations Management platform. Dassault Syst?mes provides Apriso MES solutions, focusing on flexibility and global deployment. Regional players and system integrators also play a crucial role, offering customized solutions and local support. These companies compete on factors such as product features, industry-specific expertise, pricing, and after-sales service. Strategic acquisitions and partnerships are common, aimed at expanding product portfolios and geographic reach.

Recent Developments

The Asia Pacific MES market has witnessed several recent developments reflecting its evolution. There has been a surge in partnerships between MES vendors and cloud service providers like Amazon Web Services and Microsoft Azure to offer more scalable and secure cloud-based MES solutions. Companies are increasingly embedding AI and machine learning capabilities into their MES offerings to enable predictive quality and maintenance. Another significant trend is the development of MES solutions specifically designed for SMEs, making advanced technology more accessible. The COVID-19 pandemic accelerated the adoption of remote monitoring and mobile MES applications, allowing for continued operations amidst disruptions. Furthermore, there is a growing emphasis on sustainability, with MES being used to monitor and reduce energy consumption and waste in manufacturing processes. These developments indicate a market that is continuously innovating to meet the changing needs of manufacturers.

Report Segmentation

This market research report on the Asia Pacific Manufacturing Execution Systems (MES) market provides a detailed segmentation to offer granular insights. The market is segmented by component into software and services, with services further broken down into implementation, consulting, and support and maintenance. Deployment mode segmentation includes on-premise and cloud-based solutions. The report segments the market by enterprise size into large enterprises and small and medium-sized enterprises (SMEs). Industry vertical segmentation covers discrete industries such as automotive, aerospace and defense, and electronics, as well as process industries including pharmaceuticals, food and beverages, and chemicals. Geographically, the report provides analysis for key countries within East Asia, Southeast Asia, South Asia, and Oceania. This multi-faceted segmentation allows for a comprehensive understanding of market dynamics, trends, and opportunities across different segments and regions.

FAQs

What is a Manufacturing Execution System (MES)? A Manufacturing Execution System (MES) is a software-based solution that monitors, tracks, and documents the entire production process from raw materials to finished goods. It provides real-time information to optimize production activities, improve quality, and ensure operational efficiency.

What are the benefits of implementing an MES? Implementing an MES offers numerous benefits including increased operational visibility, reduced manufacturing cycle times, improved product quality, enhanced regulatory compliance, lower operational costs, and better resource utilization through real-time data and analytics.

Which industries use MES software? MES software is widely used across various industries including automotive, electronics and semiconductor, aerospace and defense, pharmaceuticals, medical devices, food and beverages, and chemicals. Any industry with complex manufacturing processes can benefit from its implementation.

Who are the leading MES software providers? Leading providers of MES software include Siemens AG, Rockwell Automation, Inc., Honeywell International Inc., ABB Ltd., Dassault Syst?mes, and SAP SE. These companies offer robust solutions tailored to different manufacturing needs and industry requirements.

How does MES integrate with ERP systems? MES integrates with Enterprise Resource Planning (ERP) systems by providing real-time production data to the ERP, which uses this information for broader business planning, scheduling, and resource allocation. This integration ensures seamless data flow between the shop floor and top-floor management.

What are the challenges in implementing an MES? Key challenges in implementing an MES include the high initial investment cost, complexity of integration with existing legacy systems, data security concerns, resistance to change from workforce, and the need for continuous training and skilled personnel to manage the system effectively.

Citius Research has developed a research report titled “Asia Pacific Manufacturing Execution Systems (MES) Market Report - Industry Analysis, Size, Share, Growth Trends, Regional Outlook, Competitive Strategies and Segment Forecasts 2024 - 2030” delivering key insights regarding business intelligence and providing concrete business strategies to clients in the form of a detailed syndicated report. The report details out the factors such as business environment, industry trend, growth opportunities, competition, pricing, global and regional market analysis, and other market related factors.

Details included in the report for the years 2024 through 2030

• Asia Pacific Manufacturing Execution Systems (MES) Market Potential
• Segment-wise breakup
• Compounded annual growth rate (CAGR) for the next 6 years
• Key customers and their preferences
• Market share of major players and their competitive strength
• Existing competition in the market
• Price trend analysis
• Key trend analysis
• Market entry strategies
• Market opportunity insights

The report focuses on the drivers, restraints, opportunities, and challenges in the market based on various factors geographically. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report. The Asia Pacific Manufacturing Execution Systems (MES) Market report is segmented on the basis of various market segments and their analysis, both in terms of value and volume, for each region for the period under consideration.

Asia Pacific Manufacturing Execution Systems (MES) Market Segmentation

Market Segmentation

Regions Covered

• North America
• Latin America
• Europe
• MENA
• Asia Pacific
• Sub-Saharan Africa and
• Australasia

Asia Pacific Manufacturing Execution Systems (MES) Market Analysis

The report covers below mentioned analysis, but is not limited to:

• Overview of Asia Pacific Manufacturing Execution Systems (MES) Market
• Research Methodology
• Executive Summary
• Market Dynamics of Asia Pacific Manufacturing Execution Systems (MES) Market
  • Driving Factors
  • Restraints
  • Opportunities
• Global Market Status and Forecast by Segment A
• Global Market Status and Forecast by Segment B
• Global Market Status and Forecast by Segment C
• Global Market Status and Forecast by Regions
• Upstream and Downstream Market Analysis of Asia Pacific Manufacturing Execution Systems (MES) Market
• Cost and Gross Margin Analysis of Asia Pacific Manufacturing Execution Systems (MES) Market
• Asia Pacific Manufacturing Execution Systems (MES) Market Report - Industry Analysis, Size, Share, Growth Trends, Regional Outlook, Competitive Strategies and Segment Forecasts 2024 - 2030
  • Competition Landscape
  • Market Share of Major Players
• Key Recommendations

The “Asia Pacific Manufacturing Execution Systems (MES) Market Report - Industry Analysis, Size, Share, Growth Trends, Regional Outlook, Competitive Strategies and Segment Forecasts 2024 - 2030” report helps the clients to take business decisions and to understand strategies of major players in the industry. The report delivers the market driven results supported by a mix of primary and secondary research. The report provides the results triangulated through authentic sources and upon conducting thorough primary interviews with the industry experts. The report includes the results on the areas where the client can focus and create point of parity and develop a competitive edge, based on real-time data results.

Asia Pacific Manufacturing Execution Systems (MES) Market Key Stakeholders

Below are the key stakeholders for the Asia Pacific Manufacturing Execution Systems (MES) Market:

• Manufacturers
• Distributors/Traders/Wholesalers
• Material/Component Manufacturers
• Industry Associations
• Downstream vendors

Asia Pacific Manufacturing Execution Systems (MES) Market Report Scope

Report AttributeDetails
Base year2023
Historical data2018 – 2023
Forecast2024 - 2030
CAGR2024 - 2030
Quantitative UnitsValue (USD Million)
Report coverageRevenue Forecast, Competitive Landscape, Growth Factors, Trends and Strategies. Customized report options available on request
Segments coveredProduct type, technology, application, geography
Regions coveredNorth America, Latin America, Europe, MENA, Asia Pacific, Sub-Saharan Africa and Australasia
Countries coveredUS, UK, China, Japan, Germany, India, France, Brazil, Italy, Canada, Russia, South Korea, Australia, Spain, Mexico and others
Customization scopeAvailable on request
PricingVarious purchase options available as per your research needs. Discounts available on request

COVID-19 Impact Analysis

Like most other markets, the outbreak of COVID-19 had an unfavorable impact on the Asia Pacific Manufacturing Execution Systems (MES) Market worldwide. This report discusses in detail the disruptions experienced by the market, the impact on flow of raw materials, manufacturing operations, production trends, consumer demand and the projected future of this market post pandemic.

The report has helped our clients:

• To describe and forecast the Asia Pacific Manufacturing Execution Systems (MES) Market size, on the basis of various segmentations and geography, in terms of value and volume
• To measure the changing needs of customers/industries
• To provide detailed information regarding the drivers, restraints, opportunities, and challenges influencing the growth of the market
• To gain competitive intelligence and uncover new opportunities
• To analyse opportunities in the market for stakeholders by identifying high-growth segments in Asia Pacific Manufacturing Execution Systems (MES) Market
• To strategically profile key players and provide details of the current competitive landscape
• To analyse strategic approaches adopted by players in the market, such as product launches and developments, acquisitions, collaborations, contracts, expansions, and partnerships

Report Customization

Citius Research provides free customization of reports as per your need. This report can be personalized to meet your requirements. Get in touch with our sales team, who will guarantee you to get a report that suits your necessities.

Customize This Report

Frequently Asked Questions

The Global Asia Pacific Manufacturing Execution Systems (MES) Market size was valued at $XX billion in 2023 and is anticipated to reach $XX billion by 2030 growing at a CAGR of XX%
The global Asia Pacific Manufacturing Execution Systems (MES) Market is expected to grow at a CAGR of XX% from 2023 to 2030.
For further details request a free sample copy of this report here.
For further details request a free sample copy of this report here.
For further details request a free sample copy of this report here.

Table of Contents

Chapter 1. Introduction
  1.1. Market Scope
  1.2. Key Segmentations
  1.3. Research Objective
Chapter 2. Research Methodology & Assumptions
Chapter 3. Executive Summary
Chapter 4. Market Background
  4.1. Dynamics
    4.1.1. Drivers
    4.1.2. Restraints
    4.1.3. Opportunity
    4.1.4. Challenges
  4.2. Key Trends in the Impacting the Market
    4.2.1. Demand & Supply
  4.3. Industry SWOT Analysis
  4.4. Porter’s Five Forces Analysis
  4.5. Value and Supply Chain Analysis
  4.6. Macro-Economic Factors
  4.7. COVID-19 Impact Analysis
    4.7.1. Global and Regional Assessment
  4.8. Profit Margin Analysis
  4.9. Trade Analysis
    4.9.1. Importing Countries
    4.9.2. Exporting Countries
  4.10. Market Entry Strategies
  4.11. Market Assessment (US$ Mn and Units)
Chapter 5. Global Asia Pacific Manufacturing Execution Systems (MES) Market Size (US$ Mn and Units), Forecast and Trend Analysis, By Segment A
  5.1. By Segment A, 2024 - 2030
    5.1.1. Sub-Segment A
    5.1.2. Sub-Segment B
  5.2. Opportunity Analysis
Chapter 6. Global Asia Pacific Manufacturing Execution Systems (MES) Market Size (US$ Mn and Units), Forecast and Trend Analysis, By Segment B
  6.1. By Segment B, 2024 - 2030
    6.1.1. Sub-Segment A
    6.1.2. Sub-Segment B
  6.2. Opportunity Analysis
Chapter 7. Global Asia Pacific Manufacturing Execution Systems (MES) Market Size (US$ Mn and Units), Forecast and Trend Analysis, By Segment C
  7.1. By Segment C, 2024 - 2030
    7.1.1. Sub-Segment A
    7.1.2. Sub-Segment B
  7.2. Opportunity Analysis
Chapter 8. Global Asia Pacific Manufacturing Execution Systems (MES) Market Size (US$ Mn and Units), Forecast and Trend Analysis, By Region
  8.1. By Region, 2024 - 2030
    8.1.1. North America
    8.1.2. Latin America
    8.1.3. Europe
    8.1.4. MENA
    8.1.5. Asia Pacific
    8.1.6. Sub-Saharan Africa
    8.1.7. Australasia
  8.2. Opportunity Analysis
Chapter 9. North America Asia Pacific Manufacturing Execution Systems (MES) Market Forecast and Trend Analysis
  9.1. Regional Overview
  9.2. Pricing Analysis
  9.3. Key Trends in the Region
    9.3.1. Supply and Demand
  9.4. Demographic Structure
  9.5. By Segment A , 2024 - 2030, (US$ Mn and Units)
    9.5.1. Sub-Segment A
    9.5.2. Sub-Segment B
  9.6. By Segment B, 2024 - 2030, (US$ Mn and Units)
    9.6.1. Sub-Segment A
    9.6.2. Sub-Segment B
  9.7. By Segment C, 2024 - 2030, (US$ Mn and Units)
    9.7.1. Sub-Segment A
    9.7.2. Sub-Segment B
  9.8. By Country, 2024 - 2030, (US$ Mn and Units)
    9.8.1. U.S.
    9.8.2. Canada
    9.8.3. Rest of North America
  9.9. Opportunity Analysis
Chapter 10. Latin America Asia Pacific Manufacturing Execution Systems (MES) Market Forecast and Trend Analysis
  10.1. Regional Overview
  10.2. Pricing Analysis
  10.3. Key Trends in the Region
    10.3.1. Supply and Demand
  10.4. Demographic Structure
  10.5. By Segment A , 2024 - 2030, (US$ Mn and Units)
    10.5.1. Sub-Segment A
    10.5.2. Sub-Segment B
  10.6. By Segment B, 2024 - 2030, (US$ Mn and Units)
    10.6.1. Sub-Segment A
    10.6.2. Sub-Segment B
  10.7. By Segment C, 2024 - 2030, (US$ Mn and Units)
    10.7.1. Sub-Segment A
    10.7.2. Sub-Segment B
  10.8. By Country, 2024 - 2030, (US$ Mn and Units)
    10.8.1. Brazil
    10.8.2. Argentina
    10.8.3. Rest of Latin America
  10.9. Opportunity Analysis
Chapter 11. Europe Asia Pacific Manufacturing Execution Systems (MES) Market Forecast and Trend Analysis
  11.1. Regional Overview
  11.2. Pricing Analysis
  11.3. Key Trends in the Region
    11.3.1. Supply and Demand
  11.4. Demographic Structure
  11.5. By Segment A , 2024 - 2030, (US$ Mn and Units)
    11.5.1. Sub-Segment A
    11.5.2. Sub-Segment B
  11.6. By Segment B, 2024 - 2030, (US$ Mn and Units)
    11.6.1. Sub-Segment A
    11.6.2. Sub-Segment B
  11.7. By Segment C, 2024 - 2030, (US$ Mn and Units)
    11.7.1. Sub-Segment A
    11.7.2. Sub-Segment B
  11.8. By Country, 2024 - 2030, (US$ Mn and Units)
    11.8.1. UK
    11.8.2. Germany
    11.8.3. France
    11.8.4. Spain
    11.8.5. Rest of Europe
  11.9. Opportunity Analysis
Chapter 12. MENA Asia Pacific Manufacturing Execution Systems (MES) Market Forecast and Trend Analysis
  12.1. Regional Overview
  12.2. Pricing Analysis
  12.3. Key Trends in the Region
    12.3.1. Supply and Demand
  12.4. Demographic Structure
  12.5. By Segment A , 2024 - 2030, (US$ Mn and Units)
    12.5.1. Sub-Segment A
    12.5.2. Sub-Segment B
  12.6. By Segment B, 2024 - 2030, (US$ Mn and Units)
    12.6.1. Sub-Segment A
    12.6.2. Sub-Segment B
  12.7. By Segment C, 2024 - 2030, (US$ Mn and Units)
    12.7.1. Sub-Segment A
    12.7.2. Sub-Segment B
  12.8. By Country, 2024 - 2030, (US$ Mn and Units)
    12.8.1. Egypt
    12.8.2. Algeria
    12.8.3. GCC
    12.8.4. Rest of MENA
  12.9. Opportunity Analysis
Chapter 13. Asia Pacific Asia Pacific Manufacturing Execution Systems (MES) Market Forecast and Trend Analysis
  13.1. Regional Overview
  13.2. Pricing Analysis
  13.3. Key Trends in the Region
    13.3.1. Supply and Demand
  13.4. Demographic Structure
  13.5. By Segment A , 2024 - 2030, (US$ Mn and Units)
    13.5.1. Sub-Segment A
    13.5.2. Sub-Segment B
  13.6. By Segment B, 2024 - 2030, (US$ Mn and Units)
    13.6.1. Sub-Segment A
    13.6.2. Sub-Segment B
  13.7. By Segment C, 2024 - 2030, (US$ Mn and Units)
    13.7.1. Sub-Segment A
    13.7.2. Sub-Segment B
  13.8. By Country, 2024 - 2030, (US$ Mn and Units)
    13.8.1. India
    13.8.2. China
    13.8.3. Japan
    13.8.4. ASEAN
    13.8.5. Rest of Asia Pacific
  13.9. Opportunity Analysis
Chapter 14. Sub-Saharan Africa Asia Pacific Manufacturing Execution Systems (MES) Market Forecast and Trend Analysis
  14.1. Regional Overview
  14.2. Pricing Analysis
  14.3. Key Trends in the Region
    14.3.1. Supply and Demand
  14.4. Demographic Structure
  14.5. By Segment A , 2024 - 2030, (US$ Mn and Units)
    14.5.1. Sub-Segment A
    14.5.2. Sub-Segment B
  14.6. By Segment B, 2024 - 2030, (US$ Mn and Units)
    14.6.1. Sub-Segment A
    14.6.2. Sub-Segment B
  14.7. By Segment C, 2024 - 2030, (US$ Mn and Units)
    14.7.1. Sub-Segment A
    14.7.2. Sub-Segment B
  14.8. By Country, 2024 - 2030, (US$ Mn and Units)
    14.8.1. Ethiopia
    14.8.2. Nigeria
    14.8.3. Rest of Sub-Saharan Africa
  14.9. Opportunity Analysis
Chapter 15. Australasia Asia Pacific Manufacturing Execution Systems (MES) Market Forecast and Trend Analysis
  15.1. Regional Overview
  15.2. Pricing Analysis
  15.3. Key Trends in the Region
    15.3.1. Supply and Demand
  15.4. Demographic Structure
  15.5. By Segment A , 2024 - 2030, (US$ Mn and Units)
    15.5.1. Sub-Segment A
    15.5.2. Sub-Segment B
  15.6. By Segment B, 2024 - 2030, (US$ Mn and Units)
    15.6.1. Sub-Segment A
    15.6.2. Sub-Segment B
  15.7. By Segment C, 2024 - 2030, (US$ Mn and Units)
    15.7.1. Sub-Segment A
    15.7.2. Sub-Segment B
  15.8. By Country, 2024 - 2030, (US$ Mn and Units)
    15.8.1. Australia
    15.8.2. New Zealand
    15.8.3. Rest of Australasia
  15.9. Opportunity Analysis
Chapter 16. Competition Analysis
  16.1. Competitive Benchmarking
    16.1.1. Top Player’s Market Share
    16.1.2. Price and Product Comparison
  16.2. Company Profiles
    16.2.1. Company A
      16.2.1.1. Company Overview
      16.2.1.2. Segmental Revenue
      16.2.1.3. Product Portfolio
      16.2.1.4. Key Developments
      16.2.1.5. Strategic Outlook
    16.2.2. Company B
      16.2.2.1. Company Overview
      16.2.2.2. Segmental Revenue
      16.2.2.3. Product Portfolio
      16.2.2.4. Key Developments
      16.2.2.5. Strategic Outlook
    16.2.3. Company C
      16.2.3.1. Company Overview
      16.2.3.2. Segmental Revenue
      16.2.3.3. Product Portfolio
      16.2.3.4. Key Developments
      16.2.3.5. Strategic Outlook
    16.2.4. Company D
      16.2.4.1. Company Overview
      16.2.4.2. Segmental Revenue
      16.2.4.3. Product Portfolio
      16.2.4.4. Key Developments
      16.2.4.5. Strategic Outlook
    16.2.5. Company E
      16.2.5.1. Company Overview
      16.2.5.2. Segmental Revenue
      16.2.5.3. Product Portfolio
      16.2.5.4. Key Developments
      16.2.5.5. Strategic Outlook
    16.2.6. Company F
      16.2.6.1. Company Overview
      16.2.6.2. Segmental Revenue
      16.2.6.3. Product Portfolio
      16.2.6.4. Key Developments
      16.2.6.5. Strategic Outlook
    16.2.7. Company G
      16.2.7.1. Company Overview
      16.2.7.2. Segmental Revenue
      16.2.7.3. Product Portfolio
      16.2.7.4. Key Developments
      16.2.7.5. Strategic Outlook
    16.2.8. Company H
      16.2.8.1. Company Overview
      16.2.8.2. Segmental Revenue
      16.2.8.3. Product Portfolio
      16.2.8.4. Key Developments
      16.2.8.5. Strategic Outlook
    16.2.9. Company I
      16.2.9.1. Company Overview
      16.2.9.2. Segmental Revenue
      16.2.9.3. Product Portfolio
      16.2.9.4. Key Developments
      16.2.9.5. Strategic Outlook
    16.2.10. Company J
      16.2.10.1. Company Overview
      16.2.10.2. Segmental Revenue
      16.2.10.3. Product Portfolio
      16.2.10.4. Key Developments
      16.2.10.5. Strategic Outlook
Chapter 17. Go-To-Market Strategy

Research Methodology

We follow a robust research methodology to analyze the market in order to provide our clients with qualitative and quantitative analysis which has a very low or negligible deviance. Extensive secondary research supported by primary data collection methods help us to thoroughly understand and gauge the market. We incorporate both top-down and bottom-up approach for estimating the market. The below mentioned methods are then adopted to triangulate and validate the market.

Secondary data collection and interpretation

Secondary research includes sources such as published books, articles in journals, news media and published businesses, government and international body publications, and associations. Sources also include paid databases such as Hoovers, Thomson Reuters, Passport and others. Data derived through secondary sources is further validated through primary sources. The secondary sources also include major manufacturers mapped on the basis of revenues, product portfolios, and sales channels.

Primary data collection

Primary data collection methods include conducting interviews with industry experts and various stakeholders across the supply chain, such as raw material suppliers, manufacturers, product distributors and customers. The interviews are either telephonic or face-to-face, or even a combination of both. Prevailing trends in the industry are gathered by conducting surveys. Primary interviews also help us to understand the market drivers, restraints and opportunities, along with the challenges in the market. This method helps us in validating the data gathered through secondary sources, further triangulating the data and developing it through our statistical tools. We generally conduct interviews with -

  • CEOs, Directors, and VPs
  • Sales and Marketing Managers
  • Plant Heads and Manufacturing Department Heads
  • Product Specialists

Supply Side and Demand Side Data Collection

Supply side analysis is based on the data collected from the manufacturers and the product providers in terms of their segmental revenues. Secondary sources for this type of analysis include company annual reports and publications, associations and organisations, government publications and others.

Demand side analysis is based upon the consumer insights who are the end users of the particular product in question. They could be an individual user or an organisation. Such data is gathered through consumer surveys and focused group interviews.

Market Engineering

As a primary step, in order to develop the market numbers we follow a vigorous methodology that includes studying the parent market of the niche product and understanding the industry trends, acceptance among customers of the product, challenges, future growth, and others, followed by further breaking down the market under consideration into various segments and sub-markets. Additionally, in order to cross-validate the market, we also determine the top players in the market, along with their segmental revenues for the said market. Our secondary sources help us to validate the market share of the top players. Using both the qualitative and quantitative analysis of all the possible factors helps us determine the market numbers which are inclined towards accuracy.

Request a detailed Research Methodology for the market.

Request Customization or Sample Report

To request a sample report or for any inquiry regarding this report, please fill out the form below

Yes, I have read the Privacy Policy.

Related Reports






latest reports