Research Methodology on Power Semiconductor Market
The research process begins with the development of an appropriate research design to achieve the research objectives. This process consists of the data collection methods, research approaches, data sources, and research instruments. This research methodology is based on secondary research.
Data Collection
In this study, secondary research is conducted for collecting information about the power semiconductor market. The data collected are from various sources such as magazines, books, reports from various research companies, and industry databases.
Research Approach
To get conducted the study, the analytical research approach is carried out to get an understanding of the market structure, the competitive landscape, environmental scanning, and attractiveness analysis.
Data Sources
The data is collected from various sources such as industry databases, magazines, books, and reports from various research companies.
Research Instruments:
A questionnaire is used for collecting the data from the respondents in terms of using the power semiconductor. This process is done to get collected data on the power semiconductor market.
Sampling
In this study, the data is collected from different samples which are heterogeneous in nature. The sample size selected should be large enough to draw a reliable conclusion and to reduce the margin of error.
Data Analysis
After the data is collected, the primary and secondary data are analyzed by using the tools such as descriptive and inferential statistical tools. Descriptive tools such as mean and standard deviation are used to determine the accuracy of the data whereas inferential tools such as regression and correlation analysis are used to predict the future of the power semiconductor market.
Conclusion
The research methodology selection is an important step for conducting the research study in the power semiconductor market. The research design framework describes the overall plan, which includes various stages of the research process from the data collection to the analysis. It is expected that the information, which is collected through this design, will give the researchers insight into the power semiconductor market.